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Will You Add? - Wit and Wisdom on Money, Wall Street and Success - Part #5
One type of business planning which is often overlooked is business succession planning. Business succession plans map out the strategy for a company upon the retirement of the current owners.Business succession planning is typically not necessary for venture backed companies as the plans are built into the ven
6) “A loss never bothers me after I take it. I forget it overnight. But being wrong, not taking the loss, that is what does damage to the pocketbook and to the soul.” -Jesse Livermore
7) “The stock doesn’t know you own it.” -Adam Smith, The Money Game
8) "I'd give $1000 to
There is explosive growth in the area of new businesses. Many people are now sole proprietors who are running small businesses from their home offices. As their business grows, they quickly learn that, while there are many tasks that they have to do in the course of a day, completing all of the tasks themselves is not
Here are a few more of my favorite quotes on Wisdom, Money and Risk. Enjoy!
1) Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful" -Warren Buffett
2) Wall Street people learn nothing and forget everything. -Benjamin Graham
3) Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed. -Benjamin Graham
4) “Investment and speculation are said to be two different things, and the prudent man is advised to engage in one and avoid the other. This is something like explaining to to the troubled adolescent that Love and Passion are two different things. He perceives that they are different, but they don’t seem quite different enough to clear up his problems.” -Fred Schwed, Jr., Where are The Customers’ Yachts
5) “If you don’t know who you are the stock market is an expensive place to find out.” -George Goodman
6) “A loss never bothers me after I take it. I forget it overnight. But being wrong, not taking the loss, that is what does damage to the pocketbook and to the soul.” -Jesse Livermore
7) “The stock doesn’t know you own it.” -Adam Smith, The Money Game
8) "I'd give $1000 to
What is your customer saying about you? Do you really know? Does your customer really know who you are?If you don't know what your customer thinks about you, your business, your product and your services, then you might as well close shop!A customer is the lifeblood of every business and you must always
1) Why not invest your assets in the companies you really like? As Mae West said, "Too much of a good thing can be wonderful" -Warren Buffett
2) Wall Street people learn nothing and forget everything. -Benjamin Graham
3) Most of the time common stocks are subject to irrational and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed. -Benjamin Graham
4) “Investment and speculation are said to be two different things, and the prudent man is advised to engage in one and avoid the other. This is something like explaining to to the troubled adolescent that Love and Passion are two different things. He perceives that they are different, but they don’t seem quite different enough to clear up his problems.” -Fred Schwed, Jr., Where are The Customers’ Yachts
5) “If you don’t know who you are the stock market is an expensive place to find out.” -George Goodman
6) “A loss never bothers me after I take it. I forget it overnight. But being wrong, not taking the loss, that is what does damage to the pocketbook and to the soul.” -Jesse Livermore
7) “The stock doesn’t know you own it.” -Adam Smith, The Money Game
8) "I'd give $1000 to
Email marketing is stupidly profitable. Why affiliate marketers are refusing to build a list is completely beyond me. THE MONEY IS IN THE LIST !! Once you get started it literally runs itself, and email marketing or list marketing is way more profitable than just search engine or organic traffic.al and excessive price fluctuations in both directions as the consequence of the ingrained tendency of most people to speculate or gamble... to give way to hope, fear and greed. -Benjamin Graham
4) “Investment and speculation are said to be two different things, and the prudent man is advised to engage in one and avoid the other. This is something like explaining to to the troubled adolescent that Love and Passion are two different things. He perceives that they are different, but they don’t seem quite different enough to clear up his problems.” -Fred Schwed, Jr., Where are The Customers’ Yachts
5) “If you don’t know who you are the stock market is an expensive place to find out.” -George Goodman
6) “A loss never bothers me after I take it. I forget it overnight. But being wrong, not taking the loss, that is what does damage to the pocketbook and to the soul.” -Jesse Livermore
7) “The stock doesn’t know you own it.” -Adam Smith, The Money Game
8) "I'd give $1000 to
Unanticipated events in a company can be of a major concern due to the fact that they often tend to hold up the scheduled work and production of a company. The majority of these incidents need not have an impact on the business, however, if a well-thought-out continuity plan is set up beforehand.A classic examp
5) “If you don’t know who you are the stock market is an expensive place to find out.” -George Goodman
6) “A loss never bothers me after I take it. I forget it overnight. But being wrong, not taking the loss, that is what does damage to the pocketbook and to the soul.” -Jesse Livermore
7) “The stock doesn’t know you own it.” -Adam Smith, The Money Game
8) "I'd give $1000 to
You can be a master in producing world-class products and may be among the best in the business, but that is not enough. You have to sell the product and anytime and anywhere in the world convincing a consumer is not an easy task. It is a well-accepted perception that to sell a product in numbers, product quality is
6) “A loss never bothers me after I take it. I forget it overnight. But being wrong, not taking the loss, that is what does damage to the pocketbook and to the soul.” -Jesse Livermore
7) “The stock doesn’t know you own it.” -Adam Smith, The Money Game
8) "I'd give $1000 to be a millionaire." - Lewis Timberlake
9) "No I'm in real trouble. First, my laundry called and said they lost my shirt and then my broker said the same thing." -Leopold Fechtner
10) Money is a good servant but a bad master. -Sir Francis Bacon
11) "Failure is Success if we learn from it." - Malcolm S. Forbes
12) "Success is not final, failure is not fatal: it is the courage to continue that counts." -Winston Churchill
13) "There are two questions you must answer to achieve wealth. What is the worst thing that ever happened to you in the markets? OK. Now what did you learn from it? You'll find most people will talk endlessly about the first topic. However, the silence on the second question will make you think you've lost your hearing!"
-Harald Anderson Analyst at eOptionsTrader.com
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