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For Entrepreneurs: How To Sell In Tough Economic Times

Posted in Articles By Experts by admin on the September 30th, 2008

I think I heard Zig Ziglar say that the sales profession is full time job security if you are good and you are with the right company no matter which end of the economy you are on.  If you are making your numbers and your company can’t do it with out you you are safe, and if your’re not safe, you’ll easily be employed somewhere else.

Mastering the skill of sales is transferrable as they say in the Forbes article, but having a network to draw from is probably just as important.  I’ve been surprised to learn how small the world is, people know other people so easily these days.Salespeople are often the first to get whacked when the economy goes south.

But here’s some good news for busted Wall Streeters–and any other commission chasers laid low by the latest economic crisis: Salesmanship is a transferable skill.

If you can sell stocks, bonds and financial derivatives, you can sell real estate, technology, autos and tooth brushes. That’s because the fundamental tools are the same.

Salespeople know how to frame a discussion. They know how to ask the right questions and, with a little discipline, shut up and listen to the answers. They can relate to people. And they have the courage to ask for business and try new things.

So what happens if–and when–you lose your job? First, you go have a martini and a big steak dinner. Then you look for a growing market to attack.

 

Love the Wall Street bailout? Try McCain on health insurance deregulation

Posted in Secrets to Success by admin on the September 24th, 2008

In this article in the Colorado Independant Jeff Bridges discusses the possibility of deregulation in the healthcare space.  It seems as if McCain really does not know what to do in these cases.  His intentions are good but his execution is off.

I spent a few months in the workers compensation industry and I can tell you a fact.  There is no incentive for insurers, companies, government, state agencies to lower the cost of workers compensation claims, cost of health care or disability claims.  The system is set up to have people abuse the system and charge outrageous rates.  The actual cost of actual healthcare is very small to the overall expenditure and final bill.  So if the government gets involved in state run healthcare expect a mess.  They have clearly demonstrated that they can’t manage a war, Wall St or regulation on mortgages.  Expect more of the same.

Barack Obama’s campaign talked up a new TV spot about health care today, and it’s a good one. The ad quotes a new article where John McCain says he’d like to deregulate health care “as we have done over the last decade with banking.” Huh?! I assume the magazine had already gone to print when the banking industry came crashing down around us, but this quote could kill McCain — and numerous Americans, too, should he ever get his way.

Survey: Who is the more small business friendly candidate?

Posted in Secrets to Success by admin on the September 22nd, 2008

I saw this posted in the Wall Street Journal.  These days I’m not sure who to believe.

A survey earlier this month of 1,062 business owners with 100 or fewer employees conducted by payroll administrator SurePayroll found that 64% of businesses planning to vote for either Sen. McCain or Democrat Barack Obama are leaning toward Sen. McCain, while the remaining 36% plan to vote for Sen. Obama.

Obama_McCainA big reason many are voting for McCain, the survey found, is that respondents feel the Republican party has more favorable policies and solutions for small businesses than the Democrats.

Obama’s Tax Plan Punishes Small Business and The American Worker?

Posted in Secrets to Success by admin on the September 20th, 2008

Raising Taxes on “Top 5%” Would Punish Small Employers and Ordinary American Workers

What do you think about this?  I mean there is such a difference beteween the Republicans and the Democrats does anyone really know what is right?  What I think they should do is “test” a state like California and tax the highest income earners, however that would not be Constitutional, I don’t think.  The problem with this all or nothing tax on the rich is that it is just that all or nothing, and we don’t live in an all or nothing world.

The problem I (Jim Peake) see with the economy is that there is no integrity.  The probem with the 2 major candidates is that the same old boy network is running both campaigns.  The problem I see is we are about to re-elect another Democrat or a Republican and WE ARE EXPECTING A DIFFERENT RESULT?  Isn’t it time the small businesses banded together and threw some weight around?

Despite the slowing economy, Senator Barack Obama admits that he will raise taxes if elected President. But, he assures us, only on the top 5% of income earners in America.

There’s one problem with that – most taxpayers filing as individuals in the top income brackets are actually small businesses, which create most new jobs in America.

At first glance, many ordinary Americans struggling to make ends meet and put food on their tables might set aside their traditional opposition to higher taxes, and welcome tax increases for those who can presumably afford it. This is especially true during an economic slowdown, and as news continues to arrive regarding irresponsible corporate executives driving companies such as Lehman Brothers or Bear Stearns into the ground.

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