This video briefly describes what the DVD “America’s Financial Collapse – The Conspiracy Against Your Money” is all about. It has been filmed for people who want the “truth” about how money really works and who want the “facts” about how wealth will really be created in the years ahead.
As You Can See There Is Indeed A Conspiracy. We Know What Happen To Your Money. We Know Who Took It. And If You’re The Type Of Person Who’s Willing To Take A Stand For Yourself With Courage, Integrity, And A Self Made Resolved We Know Exactly What You Can Do About It. By The End Of This DVD You Will Know Who Is Taking Your Money And What You Can Do About It Starting Today.
I’ve decided to make this a two-part series. Why? Well I want you to come back to visit my blog to read the 2nd half of the series and seriously evaluate the questions below.
I really feel strong about re-evaluating your position–at least once a quarter in your business.
Some folks would say you need to do a business check once a year. I say that is too late. Once a quarter minimum! I don’t care if you are the ONLY one who works your business. You need to run the numbers, go over the costs, the inventory (if applicable), the strategies, etc. at least once a quarter. That is the only way to gauge the effectiveness of any campaign you are implementing.
Think about it; major corporations run quarterly statements right? Then you need to think like a major corporation.
Ask AND Answer:
1. How does this quarter compare to last quarter? How does this quarter compare to last years quarter at this time? What is going on with the economy that may affect my next quarter?
2. Do you have repeat business? Is your business seasonal? Does your business depend on someone else’s emergency? Like, pipes bursting in the winter, water damage from storms. Is your product a consumable? Is it losing its popularity? I could go on and on but i think you have the picture
3. Is your competition still in business? Are they trying innovative ways of advertising or marketing? Have you implemented new marketing?
4. Do you have loyal repeat customers? Do you give them reasons to come back again and again and again? If not, should you start?
5. Do you have a way to stay in touch with your customers? A newsletter? A mailing list
Be sure and come back for Part 2 of Business Checkup
More questions to think about when evaluating your business. Get a pen and paper and answer the following questions below to help you evaluate what you are doing right and ultimately things you can do to change what is not working.
6. Are you using the online resources available to small businesses? Do you have a marketing budget? Do you need one? Have you implemented social media in your marketing? Marketing is one part of your business that you can NOT afford to ignore; yet, I hear more and more business owners say they can’t afford marketing. I say, Find the money! It’s that important.
7. What do you do to build your community presence? Is there a school nearby? Can you donate your services? If you own a doughnut shop–send a couple dozen donuts to the teachers once a month! They will remember that and for sure stop by on their way home at least a couple of days a month and pick up those tasteful, warm, donuts that you just took out of the oven. Do you sponsor a little league team? Or donate a portion of the proceeds to your local shelters? All questions you should ask yourself. Not only do you want to build your community presence but also build your online website presence.
8. Are you listed in the online directories or maps? I gotta tell ya–you need to be. MegaWire Marketingcan help you get your business not only Google Friendly but also listed with the search engines. If you’re NOT listed–get listed right now. It only takes a few minutes to call the experts at MegaWire. Call 360-600-3228 for details, the returns are so worth the time to make the call.
9. Do you look your customers in the eye when you talk to them? Does your staff? Why is that most business put non educated folks on the front line of their business? I’ve always wondered that. Think about this! The first impression is the hardest one to overcome and if you’ve got untrained, uneducated people on the front line of your business…STOP right now and get them trained. I don’t mean get them an education. I mean get them trained in proper customer service techniques. Your bottom line has the potential to double. I can’t tell you how many times I’ve gone through a check out line and not once did the employee look me in the eye. Wow, I avoid those employees every time I have to check out…watch your front line. Ask your friend to shop at your store anonymously and give you a report. Don’t get mad if they tell you about their true experience.
10. While taking care of your customers is important; another area I see small business ownerscompletely ignoring…is their biggest asset. No, not your bottom dollar. They are your employees. Are they happy? Do you treat them fairly? Do you value their input? Do you give bonuses for timely completion of tasks or projects? Do you ask about their families?
Anyway, I’ve been writing for a long time today; and I think I’m questioned out. I hope you’ve enjoyed this two-part series as much as I enjoyed putting it together. I could probably come up with another 100 questions–but then you’d never make it through your quarter of the year business evaluation.
Do you have other ideas or questions? Comment on this post! I look forward to hearing from you.
This subject is something that I’m passionate about because well, I’m a woman and so is my business partner. We’re actually cousins. But that is another story. We’ll catch up soon on that.
I know the saying is cliché’ but we’ve come a long way baby. What commercial was that from? Oh I can’t remember; but it doesn’t matter either.
I have to say that while more and more women are entering the folds of business ownership–we still have a lot of ground to gain in that area.
I want you to sit back and forget everything you were told. You can’t do that you’re a woman; you can’t do that you’re a woman…blah blah blah.
That is just plain nonsense. I know more forward thinking women who are online making their business work; and my network grows larger and wider everyday that I continue to network with people all over the world.
Yes there are challenges that we face as women in the big world of online commerce; but that isn’t going to stop–men face as many challenges.
The best advice I can give women today is, “Stop Selling Yourself Short”. If you let the men of the online world run over you; than you are not going to succeed in the dog eat dog of online entrepreneurship.
Be determined to build your online brand as a fresh, up and coming leader! Someone who has ideas that will turn the online world on it’s oh what’s the word? I’ll just use upside down.
Get your name out there. Get your face out there. Get your brand out there. Eventually you’ll have more and more people coming to you–asking you for your ideas. Asking you for your help. It will happen my friend and when it does; oh what a sweet feeling. I have a friend who will remain nameless and while she is a leader in the industry; her male business partners tend to treat her like she is their glorified secretary–interesting isn’t? I will tell ya though! She doesn’t take it sitting down. And if you find yourself in the same predicament–stand up and shout!
I am NOT your secretary! Yup, that’s what my friend does.
A word of caution–it takes a certain mindset to build your brand in this “mans” world. You may want to find some online resources for women in business; it may be a group, a forum, an online community. But when you network with powerful women–you become even more powerful in your own right. Never overlook the resources available at the click of a mouse.
What do all those accounting terms mean? I have to tell ya; I’ve been using Quickbooks for my business going on…oh, I’d say 10+ years. But I still have to educate myself when it comes to those obscure accounting terms. Now I am NOT a CPA–this is just for reference. I knew that if I could put it in terms that even I could understand that it would help me. Always consults with your Accountant before taking anybodys financial advice.
Liabilities AKA debt–not necessarily a bad thing–but it can hurt your business if your debt far outweighs your assets
Owners Equity–the interest that the owner has in a company AFTER liabilities are paid
Assets are the resources that business owners have that in the future are expect to generate income. Do not discount non-physical assets; such as, trademarks, brands, and copyrights
It’s always a good idea to analyze your debt (liabilities) to income ratio. Are you spending more than you make? Then you must cut expenses. It sounds like a simple plan; but most of us are in debt before we even start to think about operating a business–online or otherwise.
The important message here is to get educated or invest in that meeting with a professional account or CPA before making any major business decisions.
Decisions needs to be made when you decide to go into business; especially when it comes to finances. Yet, this is an area that tends to fall through the cracks. Some folks put all of their money into the start-up with no thought to ongoing marketing costs.
You need money to continue to operate. I truly believe that the 90% failure rate for those who decide to start an online business would go down if folks would plan for future operating costs before starting their business.
You should educate yourself; and that includes marketing and advertising skills. Sit down with the key folks who are going to be a part of your business; it may very well be your spouse. You may have to swallow your pride and learn to take advice. Don’t be an island. Make an appointment with your CPA and discuss all the options that are open to small business owners.
If you think you’re going to need investors; education is key. Finding the right business partner is one of more important decisions you are going to face. A lot of folks will go to family or friends first. But I strongly suggest that you think long and hard before going into business with family or friends. Many relationships have been ruined by this very action.
Ask the following questions:
Does your town require a business license?
What type of business entity are you going to set up? LLC, Corporation, S Corp?
Will you hire employees?
Even with a small business the above questions are important. When you decide to own your own business–give us a call. Let us help you talk through some of the above questions. Sometimes all you need is a non-invested 3rd party to help with the major decisions involved in a new business venture.
Now let’s be honest–how many times have you said to your spouse or significant other–I’ll just be a minute–I only need to go in an get a few things. By the time you’re outside in your car–you look down and say–how in the world did I spend $100? I was only going in for a few items.
There are people who at first glance might appear to be gifted with success; but as you look deeper you will find that their successes are usually in direct correlation to lots of hard work from their own endeavors. While some folks relate to wealth and riches as the end all—be all—this is simply not the case.
It’s not enough to attain wealth and riches; you must also have the right management team in place; a team who has the knowledge and expertise to guide you as you build your financial future. We encourage you to take the reins and as painful as it may be in the beginning we want you to take a long look at your current affairs. Find the trouble spots; find the successful areas—things that are working.
My team realizes the importance of molding your future—the way you want it! You can achieve financial freedom—with our help and guidance.
We offer a world-class education; our first-rate solutions will definitely change your life by giving you the knowledge and the tools necessary to move forward with your financial planning.
With Wealth Masters International, you can erase the debt and experience an exponential increate in your cash-flow. We will show you strategies that in the past were researched the financial elite.
Wealth Masters International’s unparalleled financial program will take you through the fundamental steps of building a rock-solid financial future. Along with that you will also have access to dominant alliances with specially selected businesses and individuals in Wealth, Health and Wisdom; WMI’s holistic approach in helping their members realize the best possible success in every area of their lives.
WMI has products currently offered which targets the different needs of their clientele. Their Master’s program will help you learn the difference between your financial goals and your actual state of personal finances. WMI’s Master’s Program will give true and time-tested solutions to all the financial challenges you may face now and in the future.
If you are aiming for a future of stability, both financially and personally, enrollment to the Wealth Masters International will teach you the skills to help you achieve the dream that seems so elusive.
These terminologies are brought to life with the simple process:
Design, or framework. In every architecture, there is a blue print that is followed, along with strategies for the engineering. This is the assurance that the building will later on be sturdy enough, given that the design is well-planned by experts.
Foundation; this is where a clear definition of terms and concepts comes into play. For this particular stage, members will be provided with the necessary tools in the comprehension of these said concepts. This is the first step up the ladder, providing that awareness, and much needed education about money, which will orient everyone that the first step of climbing up the ladder will involve the process of getting debt-free, or debts management.
Growth, or the progression of personal development. This is the area where opportunities are presented to the members. As it goes, there is no one formula for everyone’s growth, but only the right tools to achieve this growing. Here then is the representation of the resources that can be available for everyone.
Purpose, or the materialization of a vision. This is the latter part of the goal, wherein results of the laid out plans, opportunities, and resources become manifested in how transformed the member is when it comes to money-handling, as well as on the attitude of life-managing, more importantly. This part of the process is a real treat, especially when the member will be treated out luxuriously for this one.
Conclusively, knowledge is but only a potential power. The real and actual power happens when such knowledge is provided with some action.
So we talked about financial freedom. What is this, you ask? Financial freedom is the state where one does not have to worry, if not at all, about money – be it earning, spending or paying off a debt.
Accordingly, this is the full understanding that that money is just a means to an end, and not exactly a mean in itself. This illustration demonstrates that anyone can have the capacity to live through one’s life comfortably with the right knowledge, tools, and education.
It takes a lot, however, to seek this, as you go through a continuous level of progressive learning and understanding. Moreover, it is a lot to comprehend, because the world generally contradicts this, giving so much limelight in money earning, making it the be all and end all of everything.
Most of need help with this, and that is the reason why Wealth Masters International are masters at it. The more you learn the more you are enlightened. You will see another view of money, finances, and its true significance today.