Tag Archives: Leverage

How to Leverage QR Codes for Profit

We all know that the world is becoming more mobile. While there are lots of ways to engage your customers in the mobile world, there is one way that stands out to me. It is a way that is even easy for the novice to implement. There are also no tools to buy so you can do it for free! [...]

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What You Think You Know about Credit Is Just Wrong

There is a huge difference between consumer credit and business credit. Consumer credit funds consumptions while business credit is known as “leverage” and is applied to the purchase of an income producing asset. As individuals, consumer credit is generally a method we use to obtain what we desire sooner than if we were forced to save up the funds to purchase [...]

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Leverage Contingency Principle – Planning for the Unexpected

Manager entrepreneurs use their causal reasoning skills to try and predict the future in an effort to avoid surprises. Founder entrepreneurs use their effectual reasoning to turn an unexpected result or condition into a profitable end. They plan for the expected, but try not to extend too much in the way or resources just in case they are [...]

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How to Leverage Personal Development

A while back, I was meeting with a client who was seeking venture capital investments to bring his product to market. I arranged to have Patrick Bultema, the Director of Innovation at Colorado College, to join us at one of our meetings. The reason why I invited Patrick to our meeting was that he had gone through the process [...]

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Leverage Your Mind and Body

Did you know that studies show we are most creative in the first 2-3 hours in the morning? Most people think they need to respond to emails from customers and colleagues at the start of their day. However, by doing so they squander their most creative period of the day to a mundane task. My son works at a restaurant. Like [...]

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The Power of Leverage to Make Huge Profits

Most serious investors understand the power of leverage. When it comes to investing in stocks many sophisticated investors have a margin account with their broker that allows them to pledge their securities as collateral for the ability to borrow money (usually up to half the portfolio's value) from their broker to invest more than the value [...]

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Solitary Hard Work vs. Leverage

Most people think that to create personal wealth requires hard work. These same people work hard from 9-5 and get paid for their results. Consider the construction worker or waitress who engages in hard physical labor for their wages. They believe that building wealth is a solitary effort and they crave recognition for the efforts they contribute. Entrepreneurs [...]

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How to Leverage a Turning Tide

Three quarters of all firms in the United States are categorized as “non-employers”. Non-employers are business that provide work for only a single or part-time owner. While small businesses which employ many people are usually started in response to marketplace opportunities, non-employer business are often started as occupational decisions. They can be a way to deal with the loss of [...]

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Do You Leverage Group Think?

New government policies and news events affect group-thinking, which also creates sales opportunities. For example, recent talk of potential gun legislation caused a run on guns and ammo. Movement, whether economic or emotional, creates opportunities for small businesses who can spot them and react more quickly then larger companies. Savvy small business owners look at external events that will create [...]

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