In Cash Flow We Trust

More Trying Web for Financial Help

Steve — Mon, 22 Dec 2008 20:41:16 +0000

When the financial sector took a dive this fall many personal financial sites thought they were in for rotten times-just the opposite has happened. Burned by their banks and the stock market, more people are seeking budgeting help, saving and investing ideas online.

They are turning to sites like Mint, SmartyPig, Cake Financial, Wesabe and Credit Karma. Personally, I don’t care what consumers do to educate themselves-just do something! We have definitely become some major whiners when it comes to being financial savvy and I for one am sick of hearing the whiners. Here’s a big shout out to the new sites!

Mountain Peak Team Building and Training

Steve — Thu, 30 Oct 2008 00:14:15 +0000

Companies in Denver, Colorado are finding a true resource when they need team building and training. Brenda Staab, founder of Mountain Peak team building and sales training is a professional speaker and licensed PEP ™ trainer.

One of Mountain Peaks most popular workshops is sales training. In this comprehensive training workshop; a sales force is taught how to speak the customers’ language. This powerful sales training allows a sales force to learn and implement these powerful tools. The results are happier customers and improved performance.

Brenda’s Team Building Events Cover:

Increased productivity
Higher morale
Improved performance
Decreased turnover
Less stress
Better hiring decisions
Enhanced creativity and long-term growth

and more.

Whether your needs are team building or sales training the results will be dramatically improved by using the PEP ™ methodology. This personality profile is incorporated in all workshops and retreats. This transformational tool allows individuals to capitalize on their strengths. It also identifies any challenging areas. Armed with this knowledge, individuals can bring their strengths to sales teams and corporations.

Riches in Niches

Steve — Wed, 15 Oct 2008 21:23:50 +0000

I just finished reading Riches in Niches by Susan Friedman. The sub title is How to Make it Big in a Small Market. I thoroughly enjoyed reading this book on Niches and highly recommend it. I’ve been an entrepreneur for thirty years and have met countless others. We have this tendency to try to be all things to all people-and fail miserably. The key is to mine all the riches available to you in niches!

Susan does a great job in honestly and thoroughly covering what it takes to be successful as a Nichepreneur! The word Nichepreneur is a word coined by Susan and I believe she really hits the mark by encouraging entrepreneurs to focus on specific niches. I’ve had the pleasure of meeting many successful Nichepreneurs and their singular focus always amazes me. Susan gives many examples of individuals who have focused on specific niches and the strategies they employ. Don’t be afraid to focus on your passion and expertise-Susan has provided you a road map in this book Riches In Niches!

I would recommend two things to all you entrepreneurs out there: buy a copy of Susan’s book. Read her book and really study the strategies. The second thing I would do is to watch The Big Idea every night with Donny Deutsch. The Big Idea and Donny Deutsch will affirm to you that there is plenty of money to be found by following your passion and mining the Riches in Niches!

Advice to Entrepreneurs-Fail Cheaply

Steve — Sun, 05 Oct 2008 17:57:53 +0000

I met Steve Shapiro, the business innovation speaker, last month when I was speaking at the Boston Chapter of NSA. As fate would have it Steve Spoke at our chapter here in Denver, Colorado on Friday. His presentation was great and the audience loved it! Steve normally speaks on Innovation and how to keep your business ahead of the curve. He did share some of those ideas with us but his main focus on Friday was: The costly mistakes he had made in his speaking career-and how we could avoid them!

One of my favorite take a ways was-Fail Cheaply! Steve encouraged all of us to test our brilliant ideas a little piece at a time before committing all of your time and dollars into a great idea that only you love Steve held the audience captive with his solid suggestions and great case studies.

After our program he held a bonus session on his infamous Personality Poker. What a great tool for discovering your innovation personality! It was great to see how we perceive ourselves and how other perceive us as well. Thanks for sharing this with us Steve.

Our program was a complete success and I highly recommend you bring in Steve Shapiro to speak to your assocaition or company on innovation.

Ovation Credit

Steve — Tue, 22 Jul 2008 16:04:00 +0000

Ovation credit is a company that can help you if your credit is in need of some repair. It’s easy to run into credit problems-it starts when you get that first credit card in the mail, before you have graduated high school. Credit problems start slowly and can snowball out of control in short order-credit repair from Ovation may be the answer.
Credit card debt is by far one of the biggest financial concerns today. How do you know when your debt is out of control? Do you avoid phone calls from your credit card company? Do you not even bother to open the credit card statements? Do you completely ignore going online and checking your credit balance? Are you shocked when you see that you are being charged interest on your interest-and you come to the realization that you will have your credit card paid off in 2000 and forever?
If this sounds like your profile then you may wish to consider the services of a company like Ovation credit. Ovation was founded by attorneys and they know your credit rights and how to negotiate with credit card companies. They are experienced at helping you correct your credit reports, credit scores and credit profiles.
Ovation Credit offer you customizable programs that are tailored to your specific credit problems. They will ensure that you will receive affordable credit repair and excellent customer service. Their services allow you to access their powerful online dispute manager that enables you to guide your case adviser the way you want the different aspects of your debt repair handled.
Ovation offers you free credit consultation before you become a customer. They will review your credit situation with you over the phone at no charge.
Ovation Credit remains an industry leader in credit repair because of their complete credit repair. Ovation works with three basic credit principles-Correction, Education and Optimization. Put Ovation on your team and let them help you take care of your credit repair and debt issues. This is a sponsored post.

Is Inflation a Problem?

Steve — Sat, 19 Jul 2008 19:59:00 +0000

It was good to see Thomas Hoenig, President of the Federal reserve Bank of Kansas City, in our state of Colorado. He went on a folksy tour of small businesses and ended up at the Rocky Mountain Chocolate Factory in Durango on Tuesday.
Rocky Mountain Chocolates makes great candy and Bryan Merryman, the CFO of the company told Hoenig:

“Commodities across the board have pressured us”. “There are a lot of pressures in our system that we haven’t seen before”.

It’s reassuring to see that the feds have recently discovered that they need to start raising interest rates. I hope Hoenig went to the grocery store and gas station with Merryman just to confirm his suspicions

The Yellowstone Club-It’s Safe to Return

Steve — Sat, 05 Jul 2008 18:52:00 +0000

Good News-for all of you who have been wondering about the Yellowstone Club, the Playground Spat Is Resolved according to the Wall Street Journal. Edra Blixseth, who started the club with her husband, Tim, was granted ownership of the club in the couples divorce decree !!
Membership at Yellowstone costs an initial $250,000 was $18,000 in annual dues and millions of dollars to buy or build a home there.

Members such as Bill Gates and Dan (potatoe) Quayle can now rest easier this evening
Edra, email me if you need me to see if the club is now up to your standards!

Happy 4th of July

Steve — Fri, 04 Jul 2008 18:56:00 +0000

Have a great 4th of July! The year is flying by and hopefully you are having a productive and prosperous year. Thanks to all our troops around the world for all you do.

J.K. Rowling at Harvard University

Steve — Sat, 07 Jun 2008 21:37:00 +0000

J.K. Rowling extolled the crucial importance of imagination during a speech Thursday at Harvard University’s spring commencement, saying, “We do not need magic to transform our world.”

The Harry Potter author also stressed the benefit of failure, recalling the humiliations of her time in poverty before her career took off with her string of novels about a bespectacled boy wizard.

Imagination is not only the uniquely human capacity to envision that which is not, and therefore the fount of all invention and innovation,” Rowling said. “In its arguably most transformative and revelatory capacity; it is the power that enables us to empathize with humans whose experiences we have never shared.”

Great advice for all small business owners and would be entrepreneurs!

Read the entire USA Today article.

Hedging a Portfolio

Steve — Sat, 07 Jun 2008 18:46:00 +0000

I would be a liar claiming that any of my portfolios are hedged-I have been long forever! However, on Friday I did buy 500 shares of SDS-Ultrashort S&P 500 Proshares. My cost was $58.91 and they closed the day at $59.80 for a gain of $1855.00.
Buying these shares did not hedge my portfolio but it’s interesting to note that instead of a loss for the day of $8065.00 my net loss turned out to be $6210.00

Obviously, every portfolio is different but having not lost an additional 20% was some small comfort in an otherwise ugly day. Take a look at what you might do to lessen the losses in your portfolio because…I don’t think it’s over.