Jimmy Crabb

Tag: Marketing / Business

Top Investment Books For All Investors

by Jimmy on Apr.29, 2011, under Uncategorized

Hundreds of new investment books are published annually. Some of these books claim to be the investing equivalent of a miracle drug, helping you to get rich quick. Other books are full of principles that purport to be “tried and true.” Some books try to help you make money in the long run, and others know exactly how to play the market right now. Some of these books have been written by immensely successful investors, and quite frankly, others have been written by investors whose advice you would never take if you could see their portfolio. So the question becomes: How do I know which books are the right books? The answer to this question is actually quite simple: forget about all these books published in the last couple years, and go back to the ones that have stood the test of time. While there are surely books from the last few years that could help you, it is absolutely vital that you lay a foundation with books that the passing of time has proven to be invaluable. All three of these books are full of advice and wisdom that will help any investor, whether you are brand new at this or have been doing it for ages.

1) The Intelligent Investor: This book is considered a must-read, even though Ben Graham originally published it way back in 1934. This book has even been called “the best investment book ever written” by none other than Warren Buffett.

2) The Essays Of Warren Buffett: Speaking of Warren Buffett, this is a collection of his essays, arranged by topic and relevance. While you cannot go wrong with any Buffett book, this one is a great place to begin, as it will help you in every area of investing.

3) Common Stocks And Uncommon Profits & Other Writings: Philip Fisher wrote this excellent collection of the fifteen qualities of an excellent business. These in-depth thoughts from one of the greatest financial thinkers in history is sure to help you expand your portfolio.

By taking the tips of these men who knew how to make the market work for them, you can start to make it work for yourself; no longer will you be one of those who thinks the people who make money in the stock market are simply lucky; instead, you will know from experience that the people who make money in the stock market just plain know more than those who do not.


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Knowing Where To Advertise On The Radio

by Jimmy on Apr.29, 2011, under Uncategorized

If you want to turn your small business into a thriving, money-making machine, one of the most important things you can do is advertise. And even though radio advertising – when used correctly – can be one of the most effective forms of advertisement, it can also be one of the most pointless forms of advertising when done ineffectively. If you want to advertise successfully, one of the biggest things for “knowing what you are doing” is knowing your target market.

If you want to know which demographics are listening to which stations, there are plenty of resources that will help you know this, but if you do not know which demographic you should go after, this will not help you. For instance, you might think that advertising on a sports radio program is a good idea if you are a dentist who is wanting to advertise on the radio. After all, you probably have just as many male patients as female, and you know that men are always listening to sports radio! But if you pay closer attention, you might find that it is often the women who call to make the appointment for the men – and it is much more effective to advertise on the stations they listen to.

Once you know what demographic you are wanting to target, you will also want to make sure you know how to appeal to this demographic. Many people try to create their own radio ads, and then they wonder why the ads end up being completely ineffective. Just as you are an expert in what you do, there are those who are experts at creating radio advertisements that are catchy and effective. Rather than trying to take the radio advertising into your own hands, you will be much better off hiring such people and ensuring results.

Finally, rather than having someone in the back room of your business try to distribute the ads, hire an ad agency that specializes in accomplishing this task. You will be able to know the number of times your ad was played, the times of day your ad was played, and the response to the ad if you use one of these agencies; with all of this, radio advertising becomes a truly effective tool.

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Can A Business Survive Without Social Media?

by Jimmy on Apr.28, 2011, under Uncategorized

Social media is all the rage these days, as it seems like there is no one who is not using such sites as facebook, Twitter, and YouTube. But while some people consider social media to be nothing but an interesting fad, others consider social media to be a vital part of the future of business. And so, businesses and businessmen must search out the answer to this question: Can my business survive if I do not use social media?

The first thing you need to understand, in order to answer this question, is that social media can certainly be used to the benefit of a business. After all, if you have a “viral” video, millions of people might see it in a matter of weeks, and a single, well-worded “tweet” can spread like fire. And as for facebook, it seems like there is hardly anyone in the country (or even around the world) who is not plugged into facebook.

Of course, these websites can have very little impact on the success of your business if you never learn how to use social media in an effective manner. This is why it is important for any businessman to take the time to learn how to use social media in an effective manner.

And when it comes to answering the question of whether a business has the ability to survive if it does not use social media well, the honest answer is: no one knows. There are certainly many prognosticators who feel strongly that social media is the way of the future – that these are not fads at all, but will stick around. And if this turns out to be the case, it is true that your business will be left behind if it is not connected to social media.

Success With Social Media Online!

But even if this turns out not to be the case, the fact still stands that social media is extremely popular right now. And by using social media in this present climate, you can do a lot to expand and further the success of your business. While no one can say for certain whether social media is here to stay, it is nevertheless hugely beneficial for you and your business to be plugged in right now, as it can help your business a lot!

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Getting Along With Others On Your Project Team

by Jimmy on Apr.28, 2011, under Uncategorized

If you are on a project team at work, it can be an absolute nightmare if you find that you do not get along with most of the people on your team. Especially if this project will be lasting for a while, and if you will be with these people each day, it is vital that you get along with them. In fact, you can follow these tips to get along with even the worst of them – without actually liking them at all!

One of the first things you need to make sure you recognize is that it is not always necessary for you to prove that you are right. This can be especially difficult if you are on a team with a “know-it-all” who tends to frequently be wrong, but it is important to keep in mind nonetheless. Oftentimes, the majority of the members on a project team will be absolutely wrong about something, but this “something” will be something that has no real bearing on the project; you will begin to notice this as you realize that you do not always have to prove you are right. In this way, you need to pick your battles, only correcting the others when it is absolutely necessary that you do so.

You will likely encounter conflicts and frustrations with the way some of the others on your team work, and picking your battles extends to these situations also. In the end, it is better for both yourself and the project that you only assert your strong opinions about something when it is necessary to do so. It will pay off in the long run to always be “the bigger man” – as difficult as this can be when you are around these same people every day!

Being the “bigger man” also extends to those times when someone else on your project team tries to take credit for work they did not actually do. In the end, your superiors will come to realize who did the work and who did nothing!

Being on a project team often comes to be about more than just completing the project well; it also comes to be about surviving to the end! When you follow these tips, you will be able to survive and even thrive to the end of the project.

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Marketing with Professionals on Social Networks

by Jimmy on Apr.27, 2011, under Uncategorized

A great way to get the word out on your business is to get online and onto sites like LinkedIn and Face book. They can take up a lot of time however and this is a problem for business owners. In order to truly get the most out of either of these sites, you need to set aside the time necessary to be fully involved. This is why more and more social media pages are being run by professional social media experts.

When a business decides to market in a traditional way, they almost always use another company to help them. They won’t create their own logo, their own print ads, or their own commercials. Professional skills and ideas are needed to do these things. People need to view social networking for businesses in this same light. They are just as representative of your business as traditional marketing techniques.

Having a social network page for your business is a must. Traditional marketing methods are often viewed as an intrusion on people’s time, but people actually like viewing social network pages. So why wouldn’t you market to consumer’s tastes? No one would release traditional marketing pieces that look like they were done by someone with no experience. Your social network page should be given the same amount of money and care as other methods of marketing.

Social networks only work for your business if it is really involved in it. You want potential customers to have access to you and you want to provide them with fresh relevant information. It is a great idea to hand over your social network to a professional for two main reasons. Providing your customers with valuable information and interacting with them is a professionals full time job.

Businesses can now reach their customers in more ways than ever before because of social networks. These new opportunities require some responsibility too though. The most important thing to remember is that your business is represented by anything that your name is attached to. Take care when dealing with anything that is associated with your business.

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The Importance of Customer Loyalty to Your Business

by Jimmy on Apr.27, 2011, under Uncategorized

Anyone that has ever owned a business can attest that customer loyalty is the back bone of it. Customer loyalty leads into many other benefits that are essential for a business to thrive. The question becomes how do you increase customer loyalty? The answer involves many different facets and combined they can effectively boost customer loyalty. A book that includes details on many of the facets of customer loyalty and how to employ them has been released by the Harvard Business Review.

Harvard Business Review on Increasing Customer Loyalty.

Making sure your customers are coming back and bringing new customers with them is the main ideas behind customer loyalty. Executing this ideas is not simple even though the idea itself is. Make sure that your employees are really happy in their position so you can start on the path towards customer loyalty. If your employees are happy their happiness will spread throughout your business and to your customers. Your customers will then get the feeling that something good is happening at your business.

Turning negative situations that arise into positive ones is another step to take. Training in this skill will be needed by your employees, but since they are happy they should learn quickly. When a customer has a problem there is tremendous opportunity to deepen the relationship. Make sure that your customer understands that you are making an exception for them, exceed their expectation for a solution, and don’t ever say no right off of the bat. Not only will this type of interaction will result in loyal customers, but also customers who refer.

Certain steps can be taken to increase customer loyalty, which has been learned by the Harvard Business Review through extensive research they’ve done.

The book goes into much more detail on the subject, much further than the ideas briefly listed above. Customer service is the focus of many aspects of customer loyalty, but the book points out others located in different arenas. All the topics concerning customer loyalty are reviewed to help you build a well rounded plan.

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How To Give A Good Handshake

by Jimmy on Apr.26, 2011, under Uncategorized

Many people fail to realize how important a handshake is, but in the world of business, it can be the difference between “make” and “break.” This can be the case for everything from sealing a business deal to landing a job to even gaining a return customer! It is easy to give a good handshake – as soon as you learn the three components of a good handshake!

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You should have a strong grip when you shake hands – this is the first component of a good handshake; with a strong, firm grip, you will transfer confidence from yourself to the person whose hand you are shaking. Many people are aware of the fact that a strong, firm grip is important when shaking hands, but a lot of people also overdo it! Think of it like this: You are trying to transfer confidence from yourself to them – you are not trying to show off to them how strong you are! When you shake hands with people, practice giving a grip that is strong and firm without being overpowering – this is where you want your handshake to be.

Another important element of a handshake is its duration; if you pull away too quickly, you will show timidity, but if you hold on too long, it will become awkward. There is not any “set amount of time” a handshake is supposed to last, but make sure it lasts long enough for the handshake to do its job. Before you end the handshake, give a good, firm grip, and give one or two firm pumps.

Eye contact is the one aspect of the handshake that so many people fail to keep in mind; this, of course, is the third element. Due to the fact that many people do not make eye contact when they shake hands, you will stand out to others when you do this. By completing this final step, you will complete the process of transferring confidence from yourself to the person whose hand you are shaking.

Check out the Body Language Improvement Package!

When you simply follow these three steps, you will be able to give a handshake that inspires confidence; the handshake might be a small thing, but it can make a very big difference!

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Run A Daycare Out Of Your Home

by Jimmy on Apr.25, 2011, under Uncategorized

For anyone who has ever considered running a daycare, the realization that leasing and paying utilities on a facility can cost so much is often enough to kill this idea. But actually, it is not uncommon for people to run daycares out of their homes, and this can be an extremely practical solution. In this way, you will be able to save lots of money on overhead, and you will be able to work from home!

Check out awesome tips on How To Start A Daycare!

One thing that is especially important if you are renting your house is that you make sure it is okay for you to run a daycare out of your house. If you are a renter, you will need to get permission from your landlord before using their home to run a daycare. And even if you own a house, you will want to assess and make sure you feel okay about putting your investment in the hands of children!

You should also be aware of the ages you plan to take care of; it might seem profitable to take all who want to come, but this can hurt you in the long run. It can actually be much more difficult to take care of all the kids if you have a lot of different age groups. Furthermore, there are certain age groups that will tend to be more destructive to the home you live in than other age groups, putting the home at risk of serious damage.

Lastly, you will need to make sure your house is “childproof” in order to keep your mind and the minds of the parents at ease. This should include no sharp or breakable objects around, no cleaning supplies in unlocked cupboards, and an ability to keep the children confined to a specific space. If you take these steps, you will be able to feel confident that the kids are safe, and parents will feel confident leaving their children with you!

If you go about it the right way, running a daycare out of your home can be lots of fun. Just make sure that you are okay to run the daycare, that the children you are taking care of are in an age group you feel comfortable with, and that your house is safe for the kids, and you will be all set to go!

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How To Make Your Clients Feel Important

by Jimmy on Apr.24, 2011, under Uncategorized

Many people realize that it is useful for their clients to feel important when they run their own business, but they do not realize that this is actually vital. After all, offering better service than your competitors offer is one of the best ways to ensure that your clients keep coming back to you in the long run. Once you learn these simple tips, you will be able to effortlessly make your clients feel important, and will thereby keep them coming back to you over and over again.

Empowering your clients is one of the best ways to make them feel important – and by giving them constant access to information, you can make this happen. When you build your website, focus on more than just making it look snazzy; you should also make sure that you have an FAQ section that answers the questions they might be coming to ask. The more complete and accessible you are able to make your website, the more you will provide your clients with a useful tool.

Getting more customers and clients!

Also – instead of making your clients come to you for updates – you should go to your clients with updates! The best way to do this is to know where you can find your clients online, using such places as Twitter, LinkedIn, and facebook. Also, you can give your clients the option of signing up for an email list that will bring them updates as these updates emerge.

You will always want to make your best effort to return to your clients as quickly and completely as possible when they come to you with a question. Vague answers are never very useful for your clients, and they will also not want to wait several days before they get an answer from you. Set aside a certain time of day during which you will return emails, and make sure the emails you send are complete and useful.

How To Find New Clients And Business

Finally, you should make sure you treat your clients the way you yourself would want to be treated. By adding this final element to the other elements, you can make sure your clients remain loyal to you, as they will know that you are remaining loyal to them.

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Selling Your Business To Customers

by Jimmy on Apr.23, 2011, under Uncategorized

If you work in business – and especially if you own your own small business – you understand the importance of sales. But while many people think of sales as “selling your product,” there is actually a part of sales that is even more important than your product. Anyone who wants to be successful in business needs to also understand how to sell their business to customers.

For any small business, there will be certain areas where they are unable to compete with the “big boys,” no matter how hard they might try. You will have a tough time offering a larger selection than they offer, and you will probably not be able to undersell them. But one thing you can do is give your customers a great shopping experience, which is something in which the big places will have a tough time competing with you.

The Instant Profit Multiplier For Any Small Business.

For your small business to thrive, you cannot be in it simply for the money; you must also be in it because you love what you are doing! You will easily be able to treat your customers the way they want to be treated if you feel this way about your business. This will enable you to sell your business to your customers – convincing them to come to you again and again simply by the way you treat them!

Small Business Services.

When it comes to treating your customers well to sell your business to them, there are several things you can do, but one of the biggest things you can do is find out what they want. You should do your best to ask customers questions, and you should make it easy for them to voice their thoughts and opinions. You should also make shopping with you or using your service an “experience” for your customers, so that they are doing more than simply shopping when they come to you. And of course, one thing you can do that the big boys cannot (even if they pretend they can!) is truly believe that the customer is always right!

It will be easy for you to sell your business to your customers if you love what you are doing; all you have to do is make them love shopping with you as much as you love helping them shop with you!

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