The economy didn’t change your business, it revealed your business. More specifically, it revealed your business’s position. There were a lot of us that were riding the wave of real estate appreciation. For me, I took my eye off my core businesses and when a partnership failed, followed by real estate collapse, I had to [...]
Continue reading...Wednesday, February 25, 2009
The higher you go up the food chain, the more control there is on the environment. Consider a rock. A rock doesn’t have a lot of control over anything. If a flood comes, it can sweep it downstream. If a volcano shoots out lava, the rock is stuck. For that matter, a plant can’t do much [...]
Continue reading...Monday, February 2, 2009
The economy isn’t getting any better, or at least where I’m at. But I don’t see as many shell-shocked, stunned people. It’s like people have woken up and said, “Well, that sucks. So, what do we do now?” We have a lively forum over at TaxLoopholes First Class Lounge (www.TaxLoopholes.com) and the business owners there [...]
Continue reading...Thursday, January 15, 2009
In the past, the Bell Curve graph ruled businesses. I can remember pricing items in 3’s and then making sure that the middle item sold the highest. So, if I had three forms of tax coaching programs at $1,500, $2,500 and $3,500, I’d expect to sell the most of $2,500. In the past, I’d [...]
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Friday, April 24, 2009
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