You Need More Than a Big Income
It’s amazing how many young people (and lots of older people) equate making mucho dinero with being rich. But you need more than a big income. A good example: the cable show Entourage . In Entourage , the main character is a fictionalized version of Mark Walberg after he became…
READ MOREWho Else Wants to Buy Real Estate Now?
Ankle-high interest rates and low lending standards made everyone a property owner who cared to be one over the last few years. At the same time, all that loose money drove prices to the moon. Home prices nationwide rose nearly 50 percent in the last five years – about twice…
READ MOREThe Secret to One Superstore’s Success
There’s an old axiom about business that every successful entrepreneur comes to appreciate: “If it ain’t broke, don’t fix it.” Why, then, is Brad Anderson, CEO of Best Buy, fiddling with his $30 billion a year machine? Anderson believes that if your company ain’t broke, you should fix it anyway.…
READ MORE3 Golden Rules for Avoiding Most Legal Nightmares
One year before 9/11, I was cooling my heels on the 86th floor of Manhattan ‘s World Trade Center . I was waiting to be grilled by a team of government investigators and wondering how IN THE HECK I wound up there. I flashed back to the moment, two years…
READ MOREWhen younger/smarter beats older/wiser
Recently, I read the following post on ETR’s Speak Out forum from Ryan Chludzinski, a young man who needs some direction. He writes: “I am a 21-year-old student who works over 40 hours a week to keep up with paying for bills, tuition, and living expenses. I need a way…
READ MOREWho or What Makes the Best Tenant?
When you think of commercial property, you probably think of tall skyscrapers, office buildings, and warehouses. But what about large apartment complexes? If you ask any banker, he’ll tell you that a building with more than four units is considered a commercial property. If you ask any municipality regarding trash…
READ MOREETR Insider Report: Open Up the Spigots!
Graduation is near, and Automatic Wealth for Grads …and Anyone Else Just Starting Out is now stocked, displayed, and ready to go in bookstores across America . Day 1 of our launch begins here at ETR. As marketing manager for this campaign, I turn on my computer first thing in…
READ MOREGetting More Sales
Ask the right questions. That’s one of the techniques I mention in Power and Persuasion to get people to see things your way. In How to Become a Rainmaker, Jeffrey J. Fox applies the technique to several typical sales situations. See how many of the following questions you can adapt…
READ MOREA Charitable Foundation for Entrepreneurs?
Time magazine recently named Bill Gates one of its three “Persons of the Year” (along with his wife, Melinda, and rock star Bono). Queen Melinda was certainly deserving of her share of the honor, as she long ago demonstrated her enormous ability to marry well. And Bono appears not only…
READ MOREHow to Buy a U.S. Post Office With Your IRA
Over the last few years, Americans have struggled to recover from the devastation of their IRA and 401(k) stock portfolios. “Steady the course” and “Ride it out” are Wall Street’s mantras to get people to keep their dwindling retirement assets in commission-generating stocks. But not all of them are buying…
READ MOREHow to Be an Extraordinary Employee
If you want an extraordinary income, you have to transform yourself into an extraordinary worker. Here are six ways to do that: 1. Get in early. There is no better way to demonstrate your commitment to your company than by getting to work earlier than everybody else. Getting to work…
READ MORECompensation: How Much Is Too Much?
Last year, Ivan Seidenberg, Verizon’s CEO, made about $20 million in salary, bonuses, restricted stock and other compensation. During the same period, shareholders watched their stock plunge more than 25 percent. Bondholders got hit hard, too, when credit agencies downgraded Verizon’s debt. For years now, top employees of big companies…
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