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Quick Comparison Conventional Brick and Mortar VS an Online Business
You are undecided if you should start a conventional Brick and Mortar Business in a Heavily Trafficked Mall or a Online Home Based Business. This in depth Comparison should help you decide.Not too Long ago while on vacation in Palm Springs CA with my wife we decided to have some Ice Cream. We saw this ice cream store and the line was o

thinkings behind him in his many investments (but his educational company is part of his intrinsic passion).

Conclusion

I suspect I'm the first rather than the second - I know my passions are in education and in finance. I intend to focus my business thoughts of the future upon the financial markets, and upon education as well. These twin foci will drive my business plans for the future.

So, readers - what is yours? Think through it carefully - for it will drive the way you run your business, and follow up on

American Auto Makers Have to Change - So Do We!
The past few weeks have presented nothing but bad news for the formerly world leading American automobile industry. Henry Ford must be rolling over in his tomb. Alfred Sloan, the architect of the multi-division General Motors juggernaut, is a very sad “car guy” in the sky these days. Plant closings, huge employee layoffs, lost market share and

Introduction

I was interviewed recently by someone writing a book on expatriate businessmen. One topic that came up when I was sharing business experiences with her, was the topic of business thinking. What goes on through the thoughts of a business person, that makes him different from any other run-of-the-mill employee?

My buddy Joe and I share the same belief regarding this - a successful businessman is driven by passion. Pure passion for what he does drives him on, making him sleep 4-6 hours a day, eating and drinking and sleeping his life away for the passion in his life. That is something most employees cannot achieve. In fact, if you get such entreprenuerial employees, you have better make sure you love him and treat him well before the competition gets him!

Unlike Joe, however, I believe a successful businessman can be driven by two types of passion.

Intrinsic Passion

The first is an intrinsic passion in the business - an educator who runs his series of schools, a technical person marketing his inventions, or a hedge fund manager running his clients' money and growing them in the financial markets. Making money (while important) is secondary to growing his business. The best thing to ever happen to his company is for it to become a world leader in its field. Anything that might hint at him losing control of his company is scary.

I suspect many founders of tech, biotech and education companies fall into this category. Inventors tend to belong here.

Extrinsic Passion

The second has a passion for the financial rewards of business. This is truly the pure businessman - willing to dip his hands into anything, to try anything, if the financial rewards are well worth the capital risk. He is constantly on the the lookout for more business opportunities, and closes in on them quickly the moment he senses blood (uh...cash). To him, making money is the most important reason for business, and IPOs are the best thing to ever happen to his company (easier to cash out).

People like Robert Kiyosaki, author of Rich Dad, Poor Dad, has some of such thinkings behind him in his many investments (but his educational company is part of his intrinsic passion).

Conclusion

So, readers - what is yours? Think through it carefully - for it will drive the way you run your business, and follow up on

What Ad Agency Media Buyers Won't Tell You
Those of you familiar with my personal history know that I have a strong background in, and affinity for, digital marketing. Now that my bias is fully disclosed, I’m going to tell you what most traditional ad agencies will not…that the digital medium is far and away the most powerful, cost effective and measurable form of media available today.

rinking and sleeping his life away for the passion in his life. That is something most employees cannot achieve. In fact, if you get such entreprenuerial employees, you have better make sure you love him and treat him well before the competition gets him!

Unlike Joe, however, I believe a successful businessman can be driven by two types of passion.

Intrinsic Passion

I suspect many founders of tech, biotech and education companies fall into this category. Inventors tend to belong here.

Extrinsic Passion

People like Robert Kiyosaki, author of Rich Dad, Poor Dad, has some of such thinkings behind him in his many investments (but his educational company is part of his intrinsic passion).

Conclusion

So, readers - what is yours? Think through it carefully - for it will drive the way you run your business, and follow up on

Current Estimate of Economic Impact of Options Backdating
I had a discussion with Erik Lie about the experiences with Stock Options Backdating (SOBD) and the economic impact of his work. According to Erik, at least 15% of the stock options grants between 1996 to August, 2002,were backdated. Some were within 30 days of the grant date, others more egregious. The number of companies though he said that w

hedge fund manager running his clients' money and growing them in the financial markets. Making money (while important) is secondary to growing his business. The best thing to ever happen to his company is for it to become a world leader in its field. Anything that might hint at him losing control of his company is scary.

I suspect many founders of tech, biotech and education companies fall into this category. Inventors tend to belong here.

Extrinsic Passion

People like Robert Kiyosaki, author of Rich Dad, Poor Dad, has some of such thinkings behind him in his many investments (but his educational company is part of his intrinsic passion).

Conclusion

So, readers - what is yours? Think through it carefully - for it will drive the way you run your business, and follow up on

Getting the Right Business Accounting Software
Business software, in general, stands for any such software that can be used for commercial purpose by a commercial establishment. Modern business requirements demand speedy and accurate accounting. But that by itself is not enough, as there are a number of small and large business establishments working all over and many of them may not be abl

of business. This is truly the pure businessman - willing to dip his hands into anything, to try anything, if the financial rewards are well worth the capital risk. He is constantly on the the lookout for more business opportunities, and closes in on them quickly the moment he senses blood (uh...cash). To him, making money is the most important reason for business, and IPOs are the best thing to ever happen to his company (easier to cash out).

People like Robert Kiyosaki, author of Rich Dad, Poor Dad, has some of such thinkings behind him in his many investments (but his educational company is part of his intrinsic passion).

Conclusion

So, readers - what is yours? Think through it carefully - for it will drive the way you run your business, and follow up on

Going Virtual, Way Cool
Anytime you call 1-800 anything you are calling a call center. Your call might be directed to Salt Lake City, to the Philippines or to India, but it is likely going to a brick and mortar facility at a great expense to the company at hand. A call center is any sort of telephony operation handling sales, customer service, inbound or outbound ne

thinkings behind him in his many investments (but his educational company is part of his intrinsic passion).

Conclusion

So, readers - what is yours? Think through it carefully - for it will drive the way you run your business, and follow up on your entreprenuerial instincts! It's your life and money you are dealing with!

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Choosing the topic of your ezine is no light decision. Here are 3 hints to help get you going in the right direction.

In this installment of medical billing, we continue through our maze we call the GU0 record, or CMN. We pick up our discussion with field number 54.

Put positive emotion and a personal touch in your service recovery efforts. Customers will remember and cherish you forever.

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