The Karachi Stock Exchange 100 Index recently gained over 2 per cent to its highest level in eight months, after the country’s long-term sovereign credit rating was raised one level to B- from CCC+ by Standard & Poor’s with a stable outlook. Fairway Associates said it maintained its target of 9,000 for the index by yearend.
The emailed note from Fairway Associates analysts informed clients that fundamentals in Pakistan have started to improve; foreign exchange reserves have tripled to almost $13 billion from $4 billion in October while inflation has halved from a peak of 25.3 percent in August last year to 11.2 percent in July 2009.
Fairway Associates analysts are confident that Pakistan is the most undervalued market in the whole of Asia. They stated that valuations in Pakistan look compelling on virtually every metric and that the fact that the 142 per cent discount on Pakistan stocks is almost five times the discount that Thailand, the second-most undervalued market, trades at.
Pakistan’s price to book ratio is 1.91 times versus Asia’s 1.86 times, while Pakistan’s relative return on equities at 26.7 percent compares to Asia’s 11 percent, the Fairway Associates note said. The current 142 percent discount is close to the biggest in history of 177 percent.
Key risks to the prediction for Pakistan stocks include political instability and higher costs for oil, which accounts for a third of the import bill and may add pressure to the current account, Fairway Associates said. Pakistan’s balance of payments deficit narrowed in the first month of the new fiscal year, according to figures posted on the nation’s central bank Web site on Aug. 20. The deficit in July declined to $606 million from $1.18 billion a year earlier, data referenced by Fairway Associates showed.
Before Belinda Skarwecki started working as a bookkeeper for DirectBuy in 1974, the world was a different place. Richard Nixon had yet to resign from office. Not everybody had a color television. There was still no such thing as a free agent in baseball. Yet in celebrating her 35th anniversary with DirectBuy, Skarwecki knows that one thing still holds true: the numbers don’t lie.
“As a bookkeeper, the numbers must always add up. So even though it might not feel like 35 years, the calendar tells me otherwise,” said Skarwecki.
Skarwecki began with DirectBuy while still in high school, working as an assistant to the company’s bookkeeping department at the previous location in Calumet City. Under the tutelage of the company’s bookkeeper at the time, she acquired a skill that’s served her well over 35 years.
In fact, Skarwecki’s longevity with the company is only trumped by DirectBuy of Tinley Park Owner Ed Sell—even topping the service time put in by Ed’s wife I.J., who started with the company 29 years ago. “We hit it off right from the beginning,” adds Skarwecki.
Ms. Sell concurred, “We look at Belinda as a member of our family who also happens to do our books. That’s the kind of relationship we have and we’re very thankful to have her with us.”
That loyalty has been repaid by both sides as Skarwecki remained with the company when it relocated from Calumet City to its current location at 18400 S. 76th Avenue in Tinley Park, Illinois. And when a back condition limited her traveling ability, she and I.J. arranged for her to work from home.
“You don’t spend 35 years of your life with a company for no reason. Ed and I.J. have been wonderful to me and it’s very gratifying to see how the company has grown over the years and how many lives it’s been able to positively impact,” said Skarwecki. “I’m looking forward to many more years with DirectBuy.”
Skarwecki still resides in Calumet City with her husband Marvin.
The leading home improvement and furnishings club with direct insider prices, DirectBuy of Tinley Park Estates offers manufacturer-direct pricing on products ranging from light fixtures to televisions to kitchen cabinets, all from more than 700 manufacturers and their authorized suppliers. DirectBuy also offers design, delivery and installation services.
About DirectBuy
It’s a comfortable, country-club setting, where you finally have the financial control of buying direct. The five DirectBuy showrooms serving the greater Chicago area are part of more than 160 locations throughout North America.
Consumers interested in becoming members may obtain a Visitor’s Pass to attend an Open House by visiting .
Locations of the five DirectBuy showrooms serving the greater Chicago area are: DirectBuy of Gurnee, 4081 Ryan Rd. #107, Gurnee, IL; DirectBuy of Hoffman Estates, 2200 N. Stonington Ave Ste. 150 Hoffman Estates, IL; DirectBuy of Chicago North, 6325 Avondale, Chicago, IL; DirectBuy of DuPage County, 1864 Highgrove Ste. 136 Naperville, IL; and DirectBuy of Tinley Park, 18400 S. 76th Avenue Ste. B, Tinley Park, IL.
To learn more about the superior value and benefits of a DirectBuy membership, visit .
In all honesty, whenever I’ve travelled anywhere in the 42 countries I have provided business consultant services in, every business owner and private consultant only relates Liverpool, Merseyside to the two great football teams and the globally recognised band The Beatles.
In reality Merseyside consultants are delivering business strategies for both in-house and outsourced consultancy Merseyside. Just as Liverpool maintains two famous football teams in the UK premier league, it also boasts of a premier league buoyant business consultant industry. Consultant services for just about every north west consultant is exceeding demand.
Any premier league service lives or dies on the strength of the success of the previous consultant work provided. A key performance indicator is whether the support consultant was able to offer far more value than cost,and steer the business he or she was supporting into long term sustainable business growth.
Many factors dictate the success of the consultant services provided. Typically a business owner calls in a UK consultant when their business is growing too slow, or too fast for comfort, known in the consultant industry as boom and bust. Or when a business has hit the financial tipping point, or when a business is in trouble. Or finally when the business is seeking to grow exponentially. I’ll discuss these points later in this article.
It is rare for a business owner to call upon a support consultant or a private consultant when their business is just ticking along nicely. However in reality, every professional north west consultant has identified that this is the precise best time to retain someone from the consultant industry.
Prior to & during 2008, Merseyside consultants and business strategies delivered by consultancy Merseyside came under intense media scrutiny. Investment poured into Liverpool for its European Capital City of Culture status.
Just about every north west consultant was engaged as a support consultant for Merseyside consultant work. Consultant services boomed as local businesses prospered thanks to every uk consultant in the consultant industry.
Many key business strategies were identified by Merseyside consultants, which if applied can assist all others identify business problems before they manifest, and help other businesses turbo charge their business growth.
Merseyside Consultants Outline Consultancy Merseyside Business Strategies #1 Slow Business Growth
It’s no great secret that a very high percentage of new business ventures fail and close down within the first year. This attrition rate continues at high levels for the following two to four years. One of the greatest problems facing new business owners is that they simply don’t know – what they don’t know.
Small to medium business owners fail to realise that one of the things that separates them from larger companies is that they don’t have the benefit of a board of directors.
In reality the added value that most board members bring to a business is individual business skills, which when harnessed as part of a larger business development team, ensures a higher percentage success rate at a quicker pace.
However, when your business is experiencing slow business growth, one of the best business strategies is to tap into the consultant industry and engage a support consultant or a private consultant to assist you in achieving faster business growth.
Consultant services brings added value to a business that is experiencing slow business growth. You may be pleasantly surprised at the low cost of hiring a north west consultant for your consultant work. UK consultant fees are very reasonable in today’s current economic downturn
Merseyside Consultants Outline Consultancy Merseyside Business Strategies #2 Boom And Bust
97% of business owners have never received any formal business academic training in how to be a managing director, or in how to implement business strategies. Every private consultant knows it is the managing director’s role to manage the business, so every UK consultant understands why so many businesses fail in the first 12 months.
Consultant services advise that because of this lack of business training, many managing directors try to run before they have learnt to walk the business walk. Although a proven business growth support consultant once advised me that Impatience is a virtue, this doesn’t count for an inexperienced MD where patience is definitely the virtue required.
As a north west consultant providing consultant work for various businesses this boom and bust is one of the consultant industry greatest problems.
Merseyside Consultants Outline Consultancy Merseyside Business Strategies #3 Business In Trouble
The consultant industry is no stranger to assisting businesses in trouble, and as a north west consultant, I have seen a sharp increase in the number of businesses in trouble.
In this regard, my consultant work and consultant services are geared towards getting the business owner to take two steps backwards in order to take one positive step forward.
I once heard a private consultant in America refer to this as ‘circling the wagons.’ Whatever phrase you assign to it, one thing is certain. The first rule of being in business trouble is to get out of business trouble. Business owners should not be embarrassed about seeking business consultancy advice and support.
Merseyside Consultants Outline Consultancy Merseyside Business Strategies #4 Financial Tipping Point
In my role as a north west consultant two of the last few businesses I provided my consultant services to, had reached what the consultant industry calls the financial tipping point.
This is when a business typically navigates through the most difficult first few years and experiences some initial growth, only to find their annual turnover is not increasing any more. I’ve also heard a UK consultant call this ‘hitting the wall.’ Whichever phrase you use, reaching the financial tipping point is a very precarious period for any business.
Any private consultant or support consultant retained by you to deliver consultant work will advise you that a few companies will bumble along for a year or two at that tipping point. But be advised, that most businesses who have reached the financial tipping point will only spiral downwards into liquidation at a fast rate of Knots.
Merseyside Consultants Outline Consultancy Merseyside Business Strategies #5 Exponential Growth
Any UK consultant worth their salt will understand the importance of getting all the business owners ideas for business growth into a concise strategic plan specifically designed to aid exponential growth.
During the pre-capital culture year in Liverpool, every north west consultant engaged in consultant services would have had much hands on practical experience of this type of consultant work.
In order to get exponential business growth right, a business owner requires expertise from the consultant industry. Retaining a support consultant should only be considered if the UK consultant has proven experience in steering a business or ideally businesses into exponential business growth.
It is sometimes difficult to get this skill set from an individual private consultant unless he or she is affiliated to one of the larger consultancy groups.
The International Business Guru & Growth Consultant grows businesses fast delivering exponential growth, increased turnover & profit margins. He delivers business support to small, medium & large businesses in 42 countries. To claim his FREE business case files e-mail him at drmarkdyates@aol.com
There are many small businesses nationwide that have been severely damaged by the credit constraints after a year of economic woes. However, while many small businesses have had to close their doors, others have managed to survive using invoice survival tactics such as invoice factoring.
It is definitely too late for all of the United States businesses that have been forced to close their doors over the last year, even though the Obama administration is now planning to assist small businesses in applying for loans. What’s more, the U.S. House of Representatives is planning legislation toward increasing the ceiling on federal government loan programs. This commitment to small businesses includes additional loan increases outlined in the House bill; redirecting some of the unspent funds from the Treasury’s Troubled Asset Relief Program (TARP).It will also provide capital to regional banks and communities nationwide.
There are an estimated 29.6 million or more small businesses in the U.S: They employ more than half of the country’s private sector workforce; and hire 40 percent of high tech workers. This includes about 52 percent home-based businesses and apx. two percent franchises; represents 97.3 percent of exporters of goods and 99.7 percent of all employer firms. It is the small business sector generating a majority of innovation that comes from U.S. companies.
Over the last year, tight credit markets have continued, scores more businesses closed, and now even a fast track plan may be too late to save some small businesses that have been critically damaged by the economy.
In the year 2008, small business openings and closings included: - 627,200 new businesses, and 595,600 business closures, with more than 43,546 bankruptcies. - Seven out of 10 new employer firms survive at least two years, and about half survive five years.
These findings do not differ greatly across industry sectors.
There are many businesses that have managed to stay in business and benefit from the working capital garnered from invoice factoring for small business in the face of these credit constraints at mainstream banks.
Factoring is not a loan – it is the purchase of financial assets, or receivables, and it differs from traditional bank loans in that bank loans involve two parties, while factoring involves three parties. Most financial institutions base their decisions on a company’s credit worthiness, whereas factoring is based on the value of the receivables.
Accounts receivable factoring benefits businesses that do not get paid for 30 to 60 or 90 days by advancing up to 90 percent against invoices to be paid.
Factoring begins with due diligence that typically takes one to two business days, and after this has been completed the client is at liberty to offer invoices to IFG for purchase. Upon receipt of invoices, IFG checks the credit of the debtor named on the invoice and makes sure that the sale represented has been satisfactorily completed. Once this is done the debtor is advised of the purchase by IFG and the client receives their funding.
Sources: U.S. Small Business Administration Office of Advocacy, September 2009; Survival and Longevity in the Business Employment Dynamics Database, Monthly Labor Review, May 2005. Redefining Business Success: Distinguishing Between Closure and Failure, Small Business Economics, August 2003.
Kristin Gabriel is marketing professional who works with The Interface Financial Group ( North America’s largest alternative funding and source for small business. The company provides short-term financial resources including invoice factoring, serving clients in more than 30 industries in the United States, Canada, Australia and New Zealand. IFG offers , accounting, finance, law, marketing and banking.
This article is about money management and trading psychology. This is the lesson that you never get with 99% of other Forex systems that you have come across.
I find it interesting that most of the systems out there don’t include this because if they actually were successful traders, they would know that this was the key to success and to leave it out makes an incomplete system that won’t work!! This tells me that the people that wrote them or are selling them aren’t traders at all. They are just in the business of selling HOPE!
Well, if you haven’t noticed yet, I am a trader, and I am different than the others. Don’t get me wrong, there are honest trainers out there, I learned from one and I am eternally grateful to him.
So let’s get on with this. First of all, this is my own interpretation of several sources, and the practices that have worked for me. Please read EVERYTHING you can find on trading psychology, and money management. There are a lot of slightly different views but overall, they are very similar and the main important points are all pretty much the same.
There are two main issues that cause 99% of the problems. Can you guess what they are? If you answered FEAR and GREED, you are correct. These two emotions are probably responsible for 99% of the worlds problems as well but that is beyond the scope of this course À .
So, now that we know what the big obstacles are, let’s try and figure out how to overcome them. In the course of my lessons, I have listed a few but I will put them all together here in one place so that it is easier to follow, and perhaps make it easier for you to develop your own system to help you trade better.
We can’t eliminate fear and greed. They will still be there in your heart and mind, but we can make some rules so that they don’t interfere with your trading success. We can come up with systems and procedures to follow, since we KNOW ahead of time that fear and greed are major problems. I’m sure you have heard the statistic that 95% of all speculative leveraged traders FAIL. This is absolutely true. Here is another statistic that I believe…100% of traders that don’t know how to overcome fear and greed will FAIL. So does that mean that if I can teach you how to overcome these problems that your chance of success is 100%? Of course not. But I can tell you that you cannot be successful if you don’t protect yourself from yourself.
In lessons 1-3 I have outlined a trading system. The first thing you must do, whether you follow my system, another system, or your own system is to follow the rules of the system WITHOUT FAIL. If your system calls for a certain entry point, do not enter until there is a signal to enter.
Systems are designed for a reason. That is why it is called a system. What do we learn from this? Patience. Perhaps the stupidest thing you can do is enter a trade on a hunch. This brings us to our first FACT:
The odds are in your favor before you enter a trade. This is true for most trading systems. Void of fear and greed, if you follow each system exactly, you will profit. Some systems may offer better profits than others, but overall you should be able to profit with any system, IF you have no fear and no greed.
This brings us to THE BIG SECRET. Other than omitting trading psychology, other systems also don’t tell you that you are playing a game of odds. Let’s say for example that we are playing “coin toss.” Theoretically, for 100 flips of the coin, 50 will come up heads, and 50 will come up tails. Of course, the first 100 may be 55/45, but the more you play, the closer to 50/50 the numbers will get. Our system for “coin toss” is as follows: We play for 20 hours, and flip the coin exactly 5 times each hour, and for every heads that comes up, we get paid $2, and for every tails that comes up we pay $1. This should be a profitable system. After our game we see that heads came up 50 times and tails came up 50 times. (Stay with me here). So at the end of 100 tosses, we have paid $50 and received $100. A profit of $50.
So let’s say that during our second game of coin toss, we decide that we are going to let the flipper(hint: the market is the flipper) keep flipping the coin for an hour while we take lunch but we are not going to pay or be paid for those flips. During our lunch hour, heads comes up 5 times in a row (which is theoretically possible, and not that unlikely). And now we are back from lunch, and we are down $10 for the hour. Now, theoretically the odds of 5 tails in a row coming up after 5 heads in a row are pretty good because for every ten tosses, you should have about 5 heads and five tails. So now we get 5 tails in a row and now we are down another $5, for a total of $15. So not counting the 5 tosses during lunch, this leaves 90 tosses that we still have to account for and let’s say that they were 45 heads and 45 tails. Our profit for these tosses is $45 (45×2 minus 45×1), now if we take away the $15 for the tosses we didn’t take, and that string of losers, we are left with a profit if $30. So lunch and 5 lousy spins cost us 40% of our profits.
Now this is theory but it absolutely applies to this market. If you are picky about what trades you want to take and what trades you don’t want to take, you are MESSING
WITH THE ODDS. My point for this whole big story about “coin toss” is this: If the conditions are met, TAKE THE TRADE without hesitation. The odds are in your favor, but only if you take ALL of the trades that meets the conditions. When I say ALL trades I know the market is open 24 hours a day and you can’t possibly take every trade. You need to pick a time frame and stick to that same time frame everyday and take ALL trades during that time frame.
I can tell you that in the month before I realized this (my first month of trading real money actually), my total profit was 92 pips. I had an idea of what I was doing wrong so I was keeping track of the trades that I didn’t take along with the ones that I did. I included entry point, day, time, and whether the profit target was hit or if it was stopped out. Don’t get me wrong, I was extremely happy to be in profit after trading for only one month with real money. But then I went back and looked at the numbers for “what could have been.” Guess what? Had I taken every trade that met my conditions, my profit for the month would have been 355 pips! I was not happy. But soon I realized that I had messed with the odds. After realizing what I had done wrong (or not done right in this case) I began to have more confidence in my systems. The very next month my total profit was 515 pips, or a 560% improvement just for taking all of the trades that met the conditions. I think that is enough said about that.
Sorry to stay with the coin flip game here but it actually works very well in teaching these principles. This brings us to FACT #2. You do not need to know what is going to happen to make money. If we know that we are going to make $2 fifty times and pay $1 fifty times as long as we flip the coin, are we going to play? Of course! Well, all trading systems have similar odds. From my testing, I know that this system on average will produce 9 wins of 20 pips for every 1 loss of 40 pips (that number may vary but that is the maximum loss I ever take). So we know ahead of time that 9 wins at 20 pips is 180 pips, and minus the loss of 40 pips, leaves us with 140 pips profit. Now keep in mind that you may be 8 and 2 this week and 10 and 0 next week. We never know when a loss is going to come. We may even lose every trade for a week, but not lose a trade for the next 9 weeks. Believe me it happens. You do not need to know exactly what is going to happen, you just need to take every trade that meets the conditions and then count your profits at the end of the month/week/year etc.
This section deals with money management as well as psychology. Back to coin toss for a minute. We know that each win brings us $2. And we know that for each win in this trading system we get 20 pips. We know that each tail that comes up costs us $1. And in our system we know that each loss is 40 pips. If we know what our loss is going to be ahead of time, we know what it is going to cost us to find out “what is going to happen.” From this we can decide how much we want to risk based on our account size.
FACT 3: You know how much it will cost to find out. I have decided not to ever risk more than 5% of my account on any one trade. So knowing that, I can figure out how many lots to trade ahead of time based on my account size. It may cost $250 in margin for a 1 lot position but this is not what we are risking, we are actually risking ten dollars times the number of pips in our stop. If our stop is 40 pips, we are risking $400. Now we know that we better have at least $8000 in our account to take a position of this size. If this trade turns out to be a loser, and our balance falls to $7600, we know that we can’t afford to take that trade again because a loss of $400 is more than 5% of our balance. We would need to adjust our number of lots down accordingly to keep our risk <5%. We also don’t want to increase our lot size to try and make up for that loss. Always reduce your risk if your account balance falls. The next thing we don’t want to do is immediately increase our lot size after a winning trade. It is better to trade at the same lot size for 15 or 30 days at a time before increasing lot size. This allows the account to build steadily without large swings in either direction.
FACT 4: There is a random distribution between wins and losses for any given set of variables that define an edge. Your trading system is your edge, but you never know in what order your wins and losses will come. Be prepared for this and accept the losses, knowing that the odds are still in your favor.
This brings us to our final two facts.
FACT 5: Every moment in the market is unique. Yes we use pattern recognition to define our edge but there are so many variables in this market that it is impossible to ever have the conditions exactly the same as any other moment. You could play 100 games of coin toss and no game will have the exact same order of wins and losses, even though they may have similar outcomes.
FACT 6: Because of fact #5 we know that ANYTHING CAN HAPPEN. This is why it is important to follow the trade rules exactly and play the odds. Every broker/trading system has a disclaimer that says basically “do not trade with money you can’t afford to lose.” The best thing you can do when you open your real money account is to mentally consider that money GONE. If you are not afraid to lose it, you will save a lot of stress and your trading will improve. Only you can determine what you can afford to lose, so just don’t put more in there than you are willing to lose. Compounding is an amazing thing that we will talk about in section 5, and the money will come if you follow the rules. If you start with less, it will just take a little longer but once again you will save a ton of stress.
TRADING WITHOUT FEAR AND GREED
1. I Objectively identify your edges. You have a system here that works, enough said. 2. I Pre-define the risk of every trade. We covered that in FACT #3. 3. I Completely accept the risk. Consider the money GONE.
4. I ACT on my edges without reservation or hesitation. Follow the rules and take every trade that meets the conditions. 5. I pay myself as the market makes money available. Take your 20 pips and be happy, or trail your stop. Even if you are compounding your account, pay yourself something out of your profits each month. It will make you feel better. (On a side note: I take 20 pips for every trade until I am up 200 pips for the month. I do not even think of trailing my stops until I am up 200. Once I am comfortably in profit, I start to look for solid opportunities to trail my stop and grab some extra pips.
Even if they only go 20 and then come back, I still make 5 pips. 20 of those still adds up to another 100 pips.) 6. I continually monitor my susceptibility for making errors. I read Mark Douglas’ book monthly, and make up sheets with my rules on them that I read daily. This helps me to see plain as day when I make a mistake. 7. I understand the absolute necessity of these principles, and therefore I never violate them. I have included a sheet that you can print out to keep near your computer to read every day. Read these facts and rules every day even if you memorized them. Finally,
FOUR STUPID THINGS The first stupid thing you can do is to close a position early because you think it is going to go against you. Just because you have an edge over the market does not mean that price will immediately shoot up or down to your target. Price will move up and down and will even probably move against you before it moves in your favor. If you let FEAR of LOSS get you, you will lose money. If the market is going to take you out, let the market take you out by taking out your stop. That is why it is there. The odds are still in your favor.
The second stupid thing you can do is to close a position early because you don’t think (or you are AFRAID) that it won’t reach your target. If you don’t play the odds properly, you will not realize the full profit potential. What if in our coin toss game we decided that we were going to take our profit for a “heads” at $1 instead of the $2 that we were supposed to get paid? If you remember, our profit was $50 for the first game. If we had only taken $1 for each win, we broke even. That is a lot of effort for nothing. Even worse, if we make some mistakes along the way (we all know that we are perfect traders right?) as we did in game number 2 where our profit was $30, we can lose money by not taking enough profit. Remember that we had a $15 loss for our mistake and 90 spins remaining. If we had taken only $1 for each of our 45 winning spins we would have broke even, minus the $15 puts us down $15 overall instead of being up $30. The system is designed for a 20 pip target, GO FOR IT.
The third stupid thing you can do is to get greedy. As I said in my sales material, if you had shot for 30 pips instead of 20 for the trades I listed, the profit would have been about half of what it was for taking just 20. Interesting how this whole thing works, huh?
Just taking 5 or 10 pips can be considered GREED as well as FEAR since you are so afraid of loss that you get greedy for those 5 or 10 pips compared to the potential loss of 20-40 pips. Don’t let it get you, follow the rules and be happy with your 20 pips.
The fourth stupid thing you can do is move your stop, believing that the market will eventually go in your favor. This is the fastest way to lose money. We are DAY traders. Yes the market may go in your favor but it may move 300 pips the other direction before it does, if it does. This could take weeks or months and you have a limited account balance. If 5% of your account is tied up waiting this position out, guess what. You are missing 20 other opportunities to make money instead of just sitting there waiting, down a hundred pips while you miss the opportunity to make 20 trades for 20 pips each. Maybe you break even, when you could be up 400 pips. JUST DON’T DO IT.
THE BEST THING YOU CAN DO
Once you place your trade, and place your stop and limit, TURN YOUR COMPUTER OFF and go do something else. You are now in automatic mode, and the market will take you out, either for a profit or for a loss. This is the best way to eliminate the temptation to succumb to FEAR or GREED and do something stupid.
The rest is up to you. Only you can decide whether or not to follow the rules and believe in the facts. This lesson is the most important to your success and I hope you won’t take it lightly. If you are trading and following the rules of your system, and not making money, you need to take a look in the mirror. It is not the system that is the problem, it is you. I am not trying to be harsh, but when I was not making money, it was not the system it was me so you are not alone. Don’t give up, because you can be successful if you just work through and figure out the problem.
Did you find this article useful? For more useful tips and hints, points to ponder and keep in mind, techniques, and insights pertaining to Internet Business, do please browse for more information at our websites. <a target=”_blank” href=”http://www.adsence-dollar-factory.com”>http://www.adsence-dollar-factory.com</a> <a target=”_blank” href=”http://www.100earningtips.com”>http://www.100earningtips.com</a>
Understanding the way people connect and communicate can lead to a 500% increase in the number of clients and contacts you gain.
We have all been there. We have had to kiss a lot of frogs to get to our prince and we have all been rejected in the past, which is a good thing, otherwise, there wouldn’t be enough hours in the day to fit all the pointless meetings and unavoidable polite conversations.
However, there are ways to minimize the amount of frog kissing and heart sinking rejections you must go through in business, and this is by following the Golden Rule of Communication: Treat others in the way you would like to be treated.
Almost anyone you ask about how they would like to make business contacts, will answer that they want it to be interesting, exciting and fun, and that is a good way to start.
Something is interesting when we learn new things about something that catches our attention. Something is exciting when it promises new adventures, ideas and discoveries. Something is fun when it makes us feel good, makes us smile and offers great company. This is the way to do business; this is the way it works when our foundation is the Golden Rule.
And, how do we build up on this rule? Very easily, ask yourself what are you doing there. Establish that you are in the right place in order to understand the people around you. We all understand that in any given situation, there are some people who are searching to fill a current need; some are searching for the next few months, some for the next two years, and some are not searching at all.
In business, the percentages established for each of these categories are helpful:
3-5% are searching to fill a current need
10-15% are searching for the next few months
40-50% are searching for the next two years
30-40% are not searching at all
This means that in any given situation, there is a 10-15% of people that are immediate potential customers, and over two years that percentage goes up to 50-75% thus, by meeting people in the right way and staying in touch, you could increase your business and contacts by 500%.
Most of us want someone to be interested in what interests us, to be listened to, to be injected with positive energy, to be given the space we need, and to have good information and help when needed. With this in mind, every time you meet people in business, ask what they do and how you can help them. Get to know each other deeply and look for ways to help each other. Once you have established this, it is a win-win situation; keep in touch and start making good business!
If you enjoyed this article, please feel free to post it to your site or blog and forward this link to your friends. Have a great day!
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Jonathan Boyd has written countless articles for Meeting Wave, a free website to <a rel="nofollow" target="_blank" href=" people offline, for social or business networking. Check out the MW blog at <a rel="nofollow" target="_blank" href=" Article Source:
In the run up to, and during the Liverpool City Capital of Culture 2008 award, huge amounts of business inward investment poured in to consulting services business and in particular business services Liverpool.
Much of this investment came from European government funding, but huge tranches of investment were offered by private investors and equity firms.
Surprisingly although most of the finance was earmarked for Merseyside, regional areas like Wirral and Manchester Liverpool benefitted. It was a great time to be strategically located as either a business consultant Wirral Liverpool or a business consultant Liverpool England.
Business consultant Wirral Liverpool England discloses some top consultant secrets utilised in power driving many Manchester Liverpool businesses into high growth status.
In the run up to the European Capital of Culture business services Liverpool formed a Wirral partnership for consulting services business to reap the business opportunities offered by inward investment. Learn the business consultant Liverpool England top consultant secrets.
One of the best kept top consultant secrets was the availability of business funding for business services Liverpool and consulting services business especially for business training and business development.
Registered Merseyside businesses including a Wirral partnership of consulting services business could receive up to 50% to 60% grant funding to help grow businesses.
All you had to do was register as a professional business consultant Wirral Liverpool or a business consultant Liverpool England and any businesses you were providing business training and business development strategies for would benefit from only having to pay half the consulting services business fees.
There were some obvious resrcitions but the system was developed to help businesses grow and prosper.
Although in the business world Manchester Liverpool are geographically close neighbours, a lot of resentment set in because a business consultant Wirral Liverpool or a business consultant Liverpool England could provide a business quote for the same job as a Manchester business consultant, but the business consultant Wirral Liverpool would offer the added value of the client only having to pay for half the services.
This, one of the top consultant secrets, did create animosity and resentment from not just Manchester consultants, but from any business consultants located throughout the UK who were tendering for work in the Liverpool region.
The Wirral peninsula is located approximately a mile and a half across the River Mersey, and therefore any consultant offering consulting services business were considered eligible for grant aid by virtue of a loose form of Wirral partnership.
Providing the consultant was registered with a Merseyside postal address and provided business training and business development skills to help business thrive, and they passed the due diligence tests implemented by the awarding agencies, then they were effectively tendering for consulting services business at half the going rate.
For Merseyside registered businesses seeking growth and expansion, business services Liverpool offered a very attractive life line. Many businesses capitalised on consulting services business that they would typically have been unable to afford.
One of the best kept top consultant secrets was that Liverpool businesses who did capitalise on these business services Liverpool, flourished and many were able to ride out the incoming storm of the 2009 economic downturn.
The awarding of financial investment and grants for business training and business development was not restricted to consulting services business. Ordinary businesses registered in Merseyside could also apply for grant funding to help grow their business.
Almost by default many businesses used the 50 to 60% funding as a business crutch. It made them hyper competitive when tendering for work, however this in itself forced many business failures post capital of culture year as many of these businesses failed to regain their place in the market when having to increase their fees by 50%.
As with all good times there was a downside. The aftermath of Liverpool 2008 Capital of Culture European City brought every registered business consultant wirral Liverpool or business consultant Liverpool England a terrible reality check.
Many of the businesses who had utilised the grant system for years could not compete in the business marketplace when having to charge full fees.
Many found it impossible to compete with other likeminded businesses who had not used the grant system as a business crutch. Everyone knows it is much easier to re-sell to an existing customer than it is to a new customer.
However when the Manchester Liverpool businesses offering grant aid tried to up-sell to their existing customers at the full market going rate, many customers deserted them because they no longer offered the financial grant aid.
Few Manchester Liverpool businesses can argue that business grant aid helped to regenerate the city of Liverpool, but I believe more thought should have gone into developing long term sustainability for business services Liverpool, and the informal Wirral partnership.
One of the top consultant secrets, is that post capital of culture year, the business consultant wirral Liverpool and business consultant Liverpool England is thriving.
There is no shortage of Manchester Liverpool businesses seeking exponential growth through consulting services business. Most consultancy companies connected to business services Liverpool or the Wirral partnership are delivering increased amounts of business training to aid overall business development.
Another of the top consultant secrets is that the concept of the Business consultant Wirral Liverpool England is being rolled out nationally and then internationally. Businesses will be able to access consulting services business from outside Manchester Liverpool.
The International Business Guru & Growth Consultant grows businesses fast delivering exponential growth, increased turnover & profit margins. He delivers business support to small, medium & large businesses in 42 countries. To claim his FREE business case files e-mail him at drmarkdyates@aol.com
It’s for sure! Online money is out there. Here I explain what separates the big money winners from the losers. I need to first show you some of the key ideas that pre-date the Internet.
Before the Internet
The need to make money has always been with us. One of the earliest strategies to accomplish this was the “chain letter”. Don’t worry – I’m not promoting a chain letter – rather explaining a lesson we can all learn from that ill-fated methodology.
The power of the chain letter lay in the fact that it allowed people to leverage their investment. It worked like this.
You get a letter that asks you to:
* Send a small amount of money to the person whose name is at the top of a list of future recipients.
* Delete the first recipient on the list, and put your own name on the bottom of the list.
* Copy and mail the letter to as many people as you can.
If you sent the letter to 100 people, and each of them sent it to 100, and so on, by the time your name got to the top of the list it would be in the hands of many thousands of recipients – each of whom would send you a small amount of money.
How Chain Letters Didn’t Work
The principle problem with the chain letter was that your small donation to the person at the top of the list was a gift. You got nothing in return. For this reason, our country’s lawmakers got into the act.
The “End” of the Chain Letter
Lawmakers don’t like to see large amounts of money changing hands without getting their own hands on some of it – to tax it in other words.
So the “authorities” outlawed the chain letter as you might expect. The public rationale was that the process would sooner or later “saturate”, because 100 x 100 x 100 x etc. would eventually encompass everyone on the planet, and those joining toward the end would never get the “reward” they had been “promised”.
This action ignored the fact that no chain letter in history ever actually “saturated”. But the concept looked good mathematically and seemed popular with the voters; so the public remains “protected” from chain letters to this day.
The Invention of Multilevel Marketing (MLM)
In the early sixties, a little vitamin company called Nutrilite invented the marketing strategy we know today as multilevel marketing.
This was a very clever idea. It built on sequential recruitment, the basis of the chain letter; but it sold real products: vitamins. Now there was value received in every transaction.
Two young men partnered up and got really successful at this business and wound up buying Nutrilite. Out of this grew the giant multilevel company known as Amway. Its annual sales hit a billion dollars around 1986, and is approaching seven billion dollars a year today (2008).
MLMs and the Law
The Federal Trade Commission (FTC) took Amway to court, claiming that the sequential recruitment of distributors violated the anti-chain-letter laws.
Amazing! The courts finally did something right. They recognized that there is nothing basically wrong with sequential recruitment, and completely exonerated Amway.
When the dust had settled, the FTC and the Department of “Justice” agreed to re-define the chain letter and the MLM so the chain letter remained illegal while the MLM was officially legalized.
Many people learned from this that sequential recruitment is legal when the customers actually receive something they want in return for their money.
Mail-Order MLM
Still talking pre-Internet lore: it wasn’t long before enterprising individuals began building mail order businesses in which the products sold were documents (small booklets) that provided the reader with useful information.
Such documents were easy to create, cheap to produce, and inexpensive to mail. Employing sequential recruitment similar to that used by chain letters, such businesses provided (for a price) the document products and the methodology of distribution.
It was up to each participant to reproduce the documents, to advertise them via the mail, and to deliver them via mail as promised.
This system of doing business meets all the legal standards of current MLM laws and provides for a very high return on investment. A document that cost 50¢ to produce and another 50¢ to mail might sell for $10 or $20. This business model is still much in use today, and huge profits are being made.
The use of the Internet to facilitate this money making process further amplifies the method’s profitability and makes it accessible to almost anyone. Its development was the next step towards creation of the first online money making machine.
Enter the Internet
On the Internet today, free or inexpensive email to opt-in lists, cheap classified advertising, and highly targeted (though not-so-cheap) search engine advertising make it possible to advertise much more cheaply than can be done by conventional mail.
The cheap and, often automated, creation of personal websites puts large amounts of information in the hands of would-be “infopreneurs” at a fraction of the cost of snail-mail distribution.
Instead of printing and mailing booklets to their customers, businesses of this sort simply receive payment via secure credit card transaction, and then permit the buyer to download the product at the click of a mouse at essentially no cost to the seller.
Thus the properly equipped “infopreneur” creates a virtual money-making machine that handles all the formerly laborious tasks associated with mail-order document sales.
By combining the best features of sequential recruitment, MLM sales, and mail-order document sales with the computer automation provided by the Internet, today’s infopreneur can make large amounts of money in record time. This is the basis of virtually all the big online money-makers.
The worse the economy, the higher the unemployment level, the fewer the jobs available, the more attractive this kind of business is to the public.
The Best Online Money Machine – So Far
Examples of this newly developed business technology come in many styles. Some are well explained and easy to implement; some are more complex and not so well documented. Unless you want to build your own online money machine from scratch – a major undertaking that I don’t recommend – I suggest that you plug into an existing one that works.
To see the best example of this technology that I have found so far – one that is simple, legal, honest, and ethical – you don’t have to look far.
For a somewhat more thorough explanation of the Online Money Machine go to . For a really good example of such a business – one that can make YOU $1,000 a day – go to .
– a swing trader looks for short-term opportunities in the market to go long at a relative low, or get short at a relative high, with the expectation of closing their position in one to several days. Swing trading involves a longer time horizon than day trading, but avoid holding an open position beyond a week or two.
can be effectively utilized on a part-time basis, allowing a trader to also have a day job. With the sophisticated conditional orders available through most online brokerages, it is not necessary to agonize over every market tick. A stop loss order will close your trade to limit losses, while a simultaneously placed order will capture the profits from your winning positions.
Investing tips – the stock market should present you with a wide variety of NEW stocks in 2009. Many of them are going to be new technology stocks that come from the financial, energy, & communications sectors. Investing tips – mostly seem promising, but the truth is that a good number of these trading & investing opportunities could be extremely risky, while others are simply not as good as they look. That’s why it’s very important to know how to choose among the best especially if you want to day trade them.
Why do so many investments fall through cracks? Experts blame everything from lack of information to wrong strategy and over-confidence about the swings in the market. Here, some tips that may get you find the tracks of investments.
1. Be consistent and organized. Make thorough efforts in whatever you do.
2. Be open to all the new thoughts and get out the myths of your bag.
3. Develop your own plans and play your own games.
4. Access quality investment information available at internet.
5. Diversify your knowledge and investments plans to various channels.
Investing Journal – this newspaper company has a price – to – earnings ratio of 11.3, a price – to – sales ratio of 0.93, a 5 year average return on capital of 17.6%, and a five year average pre-tax profit margin of 27.4%. Investing Journal – the Journal Register Company has an enterprise value – to – EBITDA ratio of 9.07 and an enterprise value – to – revenue ratio of 2.24. Obviously, this company is carrying a lot of debt. So, perhaps the multiples on the common stock price are deceptive.
Investing the stock market – Stock is a share in the ownership of a company. When a private company decides to divide its business and allows the public to be a part of the firm, then it sells shares of ownership through stock offerings. For example, if a company sells one million stocks and you buy one share, then you own one-millionth of that company and vice versa.
When a company sells stocks to the public for the first time, then it is called initial public offering or new issue. One of the major reasons of selling stocks is to meet the financial needs of the company for its growth and expansion. If a company plans for expansion and if the bankers of the company feel that borrowing money would be a heavy burden, they look to investors and/or shareholders to finance the growth of the company.
Investing commodities – now, brokerage firms offer a variety of investments, including equities, bonds, CDs, REITs, mutual funds, money market funds, government treasuries, real estate, options, futures, and other derivatives. The Internet, so crucial in relaying information, is an important source of data for today’s investors. The links herein relate specifically to investments and ventures.
Charts Candlestick patterns are used by each and every kind of trader. Day trading and swing trading utilize Charts candlestick as a way to read chart patterns quickly and efficiently, while getting the same data offered charts. Professional traders love charts candlestick because they can be read much quicker than a bar chart, while also allowing a different kind of technical analysis known as charts candlestick reading.
new investors – Investing is one of the most important decisions we must take. If you are new to investing then this is the best place to start. Investment is a learning process that requires one to implement their knowledge in a proper way. It is very simple to lose money and very tough to generate money. If you want to make your first investment you should get your capital in proper order. Once you started handling you expenditures, it will be must easier to start investment.
oil etf – all of the commodity ETFs (exchange traded funds) oil is probably the most exciting, as well as the most frustrating. Until very recently, the market price of oil ETFs has been steadily rising for quite some time. Is this a direct result of the increasing price of crude oil? In many ways it is. If you had invested in oil, in any capacity, a year or more ago, you are probably quite satisfied with your returns to date.
energy etf – This means that they watch the future prices and resources of the energies. For example, oil and gasoline are futures. These energy ETFs depend on the future prices of a barrel of oil as well as how much oil is being made and stored. In other words, will there be enough supply to meet the demand. If the prediction is that there won’t be enough, then the obvious follow up is that gas prices will continue to rise. Therefore, anybody owning these energy exchange traded funds are likely to make money on them.
10000 dollars – Some of the simplest strategies work the best but having 10000 dollars today to invest can be a daunting thing to do. Most investors start at the risk profile of any potential investment and doing this is the first step in making sure your investment not only pays off, but that your seed capital stays intact and is returned to you.
invest 10000 – Some of the simplest strategies work the best but having invest 10000 dollars today to invest can be a daunting thing to do. Most investors start at the risk profile of any potential investment and doing this is the first step in making sure your investment not only pays off, but that your seed capital stays intact and is returned to you.
investing 10000 – If each share costs ten cents then you can buy 10,000 shares with $1000. And if a share rises to $12 then you can easily earn $2000 by selling those 10,000 shares. You can sell the shares for $12,000 immediately after investing $10,000. That means you have not made 20% profit but its 100% gain.
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If no one seems to want to hire you right now and you’re just sitting around home, struggling to come up with new things to do with your time. You maybe skilled enough to have had an offline business that didn’t work out. It doesn’t really matter what your situation is. If you still have the enthusiasm for adventure, you can still turn your life around and earn a little income from home. Why not try something new…like starting an online business? It can cost very little to get started and can quickly replace your current income. If you’re prepared to put in some effort you will certainly find it a great way to keep you busy all while earning a great income from home.
Three Biggest Opportunities for Online Business
The Internet is just like any other marketplace: it has the same set of people involved like customers, sales agents, suppliers, and distributors. The only difference is that everything’s done wirelessly – that means that if you establish your business correctly you can be sitting anywhere with an internet connection and earning an income.
Authority Website – An authority website is one that offers advice based either or a combination of experience, expertise, and research. It caters to a niche market and you earn from advertising or membership fees or both. Sometimes, you also earn extra when you sell related products and services. Examples of good authority websites are those that discuss canine arthritis, making origami, or boat sailing in England. The most important thing to remember is to limit your focus and master the niche.
Virtual Shop – You can also choose to set up a virtual version of your shop. You can basically sell anything in the Internet as long as your product or service isn’t considered illegal in any way. You can set up a referral program, commonly referred to as an affiliate program and have others display your ads or links in their websites. You pay the website owner only if customers they’ve directed to your site from theirs actually perform and make a purchase – much like a commission based sales job.
News Website – If you don’t think you have the means or interest to either set up an authority website or open a virtual shop, you still have another opportunity for online business to consider: making a news website or a blog, to be more specific. For this type of business, all you have to do is subscribe to various news alerts then choose a particular topic you wish to discuss.
With this type of online business, you don’t have to be an expert in anything, but you do have to be the first or at least one of the first to report the news. For every post you write, you could follow the news article with related information from past entries (make sure you add trackback links) or give your two cents’ worth of advice. Always, always, always invite people to comment!
How to Turn Opportunities for Online Business into Reality
If you’ve decided on what kind of online business opportunity you wish to avail of, here’s what you can do to turn it into reality.
Look for a good web hosting provider. If you’re adamant on using a free account, make sure at least it gives you adequate web space and bandwidth. It must also allow you to upload files directly to its server and gain access to it anytime anywhere. Check which programming files it allows you to use: does it restrict you to HTML or does it also allow you to upload files in CSS?
And lastly, learn how to advertise online! Explore your options – email marketing, newsletters, text ads, and so forth. Know the pros and cons of each method before making a decision.
Making your online business succeed will still take time, but it won’t take – and cost – as much as it would if it was land-based business.
Online Money Tree provides tips and resources on how to make money online. New and aspiring internet entrepreneurs can find some great ideas and advice on how to start a small internet business from home.
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For more information visit www.online-money-tree.com