R Definitions: Campbell R. Harveys Hypertextual Finance Glossary View the next letter. Copyright © 2014, Campbell R. Harvey. All Worldwide Rights Reserved. Do not reproduce without explicit permission. [Version 20 December 2013.] Keep up to date on the latest finance lingo with my new iPad/iPhone app Download from iTunes Order my book with the 2002 Pulitzer Prize winner for financial writing, Gretchen Morgenson of the New York Times Order via AmazonOrder via Barnes and Noble
Six Ways to Cut Costs in Your Small Biz If you run your own small business, you know that every dollar saved in your business is a dollar in your pocket. Here are six ways you can cut costs that will increase your profit margin. 1. Smart outsourcing Some business experts will advise you to outsource as much as possible. When I had a retail store, I used my local The UPS Store rather than standing in front of a self serve copier for hours. 2. Even if you can afford to outsource a task, it might be better not to do so. 3. Look closely at your advertising budget and consider cutting some costs in exchange for finding free advertising opportunities, such as cross promotional partnerships. 4. Poor hiring decisions can cost you big in your small business. 5. Just because you don’t have a board of directors, doesn’t mean you have to go it alone. 6. Whether you’re asking your client for a better cheque by raising your rates or asking a supplier for longer payment terms or a 10% invoice discount, there are deals out there to be had.
30 Financial Moves Before 30- Ideas Worth Trying January 13, 2011, 6:00 amby:MD Category:Miscellaneous I started reading the Art of Non-Conformity the other day and the idea of the life list/bucket list got me thinking again. I started thinking about my bucket list for what I want to accomplish before I turn 30 (in 7 years). Then I started to get more specific. I started thinking about what I want to accomplish financially before 30. Since every financial bucket list is unique to your own situation, I decided to outline 30 financial moves that might be of interest to your unique financial situation before you turn 30. 1. Keep a buffer in a savings account because you never know when a rainy day will hit you out of nowhere. 2. You can debate good debt vs bad debt, but at the end of the day you should try to kill off your credit card debt before you turn 30. 3. The sooner you start planning for your retirement, the sooner you have compound interest working on your side. 4. You may not try to do this deliberately but it’s bound to happen.
46 Ways To Start A Business With No Money Most people who want to start their own business don’t have a ton of money laying around and it’s probably one the most common questions I get emailed about: How can I get started without a lot of cash? Well I’ve put together a list below of the best ideas I’ve heard and personally used. I hope you find it useful! The three basic strategies to starting a business without much money are: Delay the normal “business starting” activities like incorporating, hiring, renting office or retail space, etc until AFTER your business has started earning money. Start With The Easy Stuff: Eliminate Expenses Don’t rent an office! Legal Stuff and Incorporating Make a website for your business Don’t pay a premium for a top end domain name, there are plenty of good ones leftTest out your ideas by writing to a blog, you’ll get feedback on what people like and don’t likeGet a free business website at www.wordpress.com or tumblr.com. Getting a Logo Don’t hire a fancy graphic designer. Accepting Credit Cards
The Top 10 Inspiring Books For Entrepreneurs | Internet Entrepreneurs The list of top 10 inspiring entrepreneur books. Books are food for the soul and an entrepreneur needs to be careful what he feeds his soul. Here are a list of timeless classics and best-selling books that people across the world have found useful to motivate themselves and grow as entrepreneurs. How To Get From Where You Are To Where You Want To Be? Jack Canfield is best known for his Chicken Soup for the Soul series. Buy it on Amazon. Who Moved My Cheese by Spencer Johnson “Simplicity is a complex form of sophistication“. Buy it on Amazon. Think and Grow Rich by Napoleon Hill I am sure that this book would not require an introduction to most of you reading this list. Buy it on Amazon. New Ideas from Dead CEOs: Lasting Lessons from the Corner Office by Todd G.Buchholz New Ideas From Dead CEOs tries to delve deep into the histories of America’s most successful entrepreneurs. Buy it on Amazon. What They Don’ Teach You At Harvard Business School by Mark McCormack Buy it on Amazon. Crush It!
Start-up Advice I usually tell people that everything I learned about being an entrepreneur I learned by F’ing up at my first company. I think the sign of a good entrepreneur is the ability to spot your mistakes, correct quickly and not repeat the mistakes. I made plenty of mistakes. Below are some of the lessons I learned along the way. If there’s a link on a title below I’ve written the post, if not I plan to. For now it’s mostly an outline for me to follow (in no particular order). Disclaimer: I ran two SaaS software companies. 1. 2. You also need to consider founder scenarios, ownership, prenuptials and stock options. Learning to work with lawyers. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24Lies, Damn Lies and Statistics 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42.