I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful - Warren Buffet, investor and billionaire
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Everybody cheats. Right? I mean it’s only a game. It’s only baseball. Nobody died. Lots of people do that. It may hurt them down the road, but think of the money.
I mean, who really wants a quality product they can trust? What do they expect for their fifty bucks? It’s all just shades of gray.
Example [...]
Someone once said that the biggest failure of small business owners is underpricing. I believe it. I struggle with this question on a daily basis. In my freelance writing business, I find myself trying to figure out what to charge for a product to:
a. Be fair to the client who says, [...]
The bloggers at b5media’s business channel have been participating in an “Apprentice” type challenge. We have been working in teams to provide advice to a small business owner named Kay. This week, we’re asked to individually pass along to Kay the best business advice we ever heard. Here is what I [...]
The only concrete objection I’ve seen to the Treasury’s plan to workout the sub-prime mortgage situation is that it does not have the force of law and come smuck will sue mortgage service companies for implementing it. All I can say to that is that even if the arrangement did have the force of law someone would [...]
Since this blog is directed to/about Baby Boomers, I suppose one of us (Jim or me) needs to write about Tom Brokaw’s new book, titled BOOM! I am not sure why I’m reluctant to write about it; maybe it’s because I had high expectations which weren’t really fulfilled.
As an “early” boomer, I was disappointed [...]
More on my contention that small business people are optimists. In an article in CNN Money, several experts and small business people said they weren’t letting the “credit crunch” affect them. Examples:
Venture capitalists are still interested in lending money (except, of course, for housing or financial sectors)
There is no significant difference in the [...]
This is another one of those great ideas that most people don’t take time for. If you have a small business with a web site, do an end-of-the year “clean sweep.”
I have a webmaster (Kathy Hendershot-Hurd at Impax Marketing) and she will be going through my website. Here are her tips for small business [...]
Bloggers, radio, newspapers and television will cite many individual cases to say that the sub-prime mortgage program proposed by the US Treasury is flawed. Big deal, everything human is flawed. The program will do a few things and skip over others. Primarily it will allow the financial market to get its arms around the risk [...]
“Under water” and “Upside down” are two terms from the lending marketplace which translate into the same thing. You owe more to the lender than the asset is worth. For example; you have a $300,000 mortgage, but your house is only worth $250,000 in the market.
If the lender ( loan service company) is willing to [...]
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