Surviving Tough Times As An Entrepreneur

post from Business Growth Weblog on 03 November 2009 06:24:00 AM. © Business Growth Weblog

I've always found boxing to be an interesting sport. Boxers work for 6 months to perform for two hours. The best boxers actually only box for four hours a year. The rest of the time is preparation.
One of the most interesting things about boxing is how the handlers treat the boxers. "You can do it Champ!" "No one can beat you Champ." It's interesting because every boxer is called Champ. It doesn't matter if he's just won one fight his whole career. He's Champ. In most cases, everyone knows he's not a champion...the boxer, the handlers, the fans, his banker, etc. Yet, he's referred to as "the Champ."
The handlers know their boxer needs a certain edge, a confidence that he can beat anyone at anytime. He can't go into the ring with doubts. They tell him he's the Champ because if he sees himself as the Champ, he may someday end up as the real Champion.
A business owner is no different. Times have been tough on all business owners, but now is not the time to lack confidence. Focus on your successes in the past and the success you'd like to be in the future.
Go Get'em Champ.
--Ron Ameln, SBM

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.html

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PayPal Fights Amazon And Facebook With Paypal X

post from BAD IDEA magazine on 03 November 2009 06:02:30 AM. © BAD IDEA magazine

Paypal is stepping its game up this week by announcing its plans to go into the third-party application market. They’re not just developing some keeping-up-with-the-Joneses iPhone app though - they’re letting a whole platform loose to developers, allowing Paypal to get embedded into a wider range of sites and services.

Their platform, called Paypal X, is an API that will allow developers to tailor Paypal’s infrastructure for their own sites. Paypal themselves are highlighting the potential for micropayments that the platform might allow - Osama Bedier, the vice president of platform, told the FT: “I can pay 10 cents for something…

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http://www.badidea.co.uk/2009/11/paypal-fights-amazon-and-facebook-with-paypal-x/

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Weekly Trade Triangle Indicates Exit All Long SP
500 Positions

post from MarketClub Trader's Blog on 03 November 2009 05:15:00 AM. © MarketClub Trader's Blog

In our last video on the S&P 500 (10/27), we indicated that this market may have topped out for the year. Today’s action puts in place a weekly “Trade Triangle” which indicates that a temporary or a permanent top is now in place for this market.

In this latest video, I share with you some of the ideas that I think could potentially come into play for this market. Not only do I have some downside targets in mind, but I also see a pattern that could evolve in the next several weeks which will confirm that we’ve made a serious high in this market.

As always our videos are free to view and require no registration. I would really like to hear your thoughts on this market. Please feel free to leave your comments on the blog.

All the best,
Adam Hewison
President, INO.com
Co-creator, MarketClub

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ong-sp-500-positions/

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Brand Booster 21 Day 3: Brand Values

post from Small Business Branding on 03 November 2009 05:00:14 AM. © Small Business Branding

These values personify the essence of your company. They are the pillars that support your company. They are the values that truely represent your corporate brand. They will be values that are easy to honor in good times, but must be adhered to in bad times. These are the values that represent the actual character [...]

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Traders Toolbox: Reversals Revisited…

post from MarketClub Trader's Blog on 03 November 2009 05:00:00 AM. © MarketClub Trader's Blog

Trader's Toolbox

At MarketClub our mission is to help you become a better trader. Our passion is creating superior trading tools to help you achieve your goals — no matter which way the markets move — with objective and unbiased recommendations not available from brokers.

The Trader’s Toolbox posts are just another free resource from MarketClub.

—

Image Reactions Within A Downtrend

“Reversals In my opinion, one of the most misused and abused terms in technical analysis is the reversal or key reversal. I often get calls from both new and experienced traders who are excited about a market because it has just posted a ?key reversal.? While the action these traders point to often marks a reversal day, such a day (week or month) by itself actually has little significance. There is research which indicates single period reversals mark a turn only about 50% of the time. Which gives about the same odds of indicating a turn using a coin flip…”

Revisit the Trader’s Toolbox Post: “Reversals” here.

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This & That: Krazy Kids & Their Parents Edition

post from gailvazoxlade.com on 03 November 2009 04:49:18 AM. © gailvazoxlade.com

Sharon wrote: Hi Gail. Love your show. Trying to get some of your books. Extremely difficult to find. My question is regarding my daughter and her boyfriend. She is only 20 and quite naive and is quite under the thumb with regards to her boyfriend. We started fighting because she keeps putting things on her credit [...]

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3 Ways to Receive Your Credit Report For Free

post from Bad Credit Repair Simplified on 03 November 2009 02:56:14 AM. © Bad Credit Repair Simplified

Credit Tip! Repair you own credit report.Thinking of buying a new home or automobile? Before you shop, make sure you take a look at your credit report. You can be assured that your lender will. It is also important to keep up with the contents of your personal credit reports to reduce the likelihood of [...]

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How To Chart an Export Course Right Out of the
Recession

Here's the task at hand for 46-year-old chief executive N. Chandrasekaran (better known as "Chandra" -- pictured) at Tata Consultancy Services Ltd.: To chart a course for India's largest software exporter out of a recession that deflated global technology spending and exposed the reliance of Indian outsourcing firms on the U.S. and U.K. markets.

In an interview conducted by WSJ reporters Amol Sharma and Paul Beckett, Chandra shares his mind about how he plans to navigate Tata out of the downturn.

Let's focus primarily on the 21 takeaways that I picked up on that might enable you to get a better hold on global strategy for your business:

1. Expand your company's footprint (think about emerging markets).
2. Tackle new areas (such as cloud computing).
3. Make sure you are very close with all your customers.
4. Manage your costs better.
5. It's not about taking costs out; it's about bringing more efficiency.
6. Become closer to your customers.
7. Stay with your customers during the downturn (don't abandon them).
8. Coach your team to have them understand your customer's "pain points."
9. Ask your customers: "What can we do to help?"
10. Don't continue to pursue BIG deals in the pipeline that may never come to fruition.
11. Focus on deals (develop an entirely new strategy) that will come to fruition.
12. Expand your presence in other parts of the world (consider emerging markets).
13. Develop a full suite of services that you can sell end-to-end offerings to customers.
14. Go after "nonlinear" growth. In other words, find ways to generate more revenues with less headcount additions.
15. Create something once, then re-use it to serve multiple customers!
16. As your customers go global, be there before they arrive to service their needs.
17. Send people on-site to make it work -- especially if language is a problem.
18. Select strategic locations to conduct business in.
19. Pick the right strategic location and then scale it (e.g, Mexico).
20. Train people to develop your firm's methodology across all continents.
21. Look at cloud computing as a business model, not a technology.

Tata Consultancy to Expand Footprint in Emerging Markets

Read The Full Article:
http://borderbuster.blogspot.com/2009/11/how-to-chart-export-course-out-of.html

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How To Chart an Export Course Out of the
Recession

Here's the task at hand for 46-year-old chief executive N. Chandrasekaran (better known as "Chandra" -- pictured) at Tata Consultancy Services Ltd.: To chart a course for India's largest software exporter out of a recession that deflated global technology spending and exposed the reliance of Indian outsourcing firms on the U.S. and U.K. markets.

In an interview conducted by WSJ reporters Amol Sharma and Paul Beckett, Chandra shares his mind about how he plans to navigate Tata out of the downturn.

Let's focus primarily on the 21 takeaways that I picked up on that might enable you to get a better hold on global strategy for your business:

1. Expand your company's footprint (think about emerging markets).
2. Tackle new areas (such as cloud computing).
3. Make sure you are very close with all your customers.
4. Manage your costs better.
5. It's not about taking costs out; it's about bringing more efficiency.
6. Become closer to your customers.
7. Stay with your customers during the downturn (don't abandon them).
8. Coach your team to have them understand your customer's "pain points."
9. Ask your customers: "What can we do to help?"
10. Don't continue to pursue BIG deals in the pipeline that may never come to fruition.
11. Focus on deals (develop an entirely new strategy) that will come to fruition.
12. Expand your presence in other parts of the world (consider emerging markets).
13. Develop a full suite of services that you can sell end-to-end offerings to customers.
14. Go after "nonlinear" growth. In other words, find ways to generate more revenues with less headcount additions.
15. Create something once, then re-use it to serve multiple customers!
16. As your customers go global, be there before they arrive to service their needs.
17. Send people on-site to make it work -- especially if language is a problem.
18. Select strategic locations to conduct business in.
19. Pick the right strategic location and then scale it (e.g, Mexico).
20. Train people to develop your firm's methodology across all continents.
21. Look at cloud computing as a business model, not a technology.

Tata Consultancy to Expand Footprint in Emerging Markets

Read The Full Article:
http://borderbuster.blogspot.com/2009/11/how-to-chart-export-course-out-of.html