Posts Tagged ‘Surviving The Economic Crisis’


How the Financial Crisis Changes Where You Should Go to Get Financial Advice and Guidance

February 21st, 2010 admin

Normally, my articles are not personal or self serving. I explain concepts and options that people should be aware of but, if you’re not involved in the financial services industry you may not be aware of the things that I write about. But this is information that you should know, even if you don’t utilize Halas Consulting as your primary advisor. You might take one of my concepts and seek out a local advisor, he might gain you as a client without having to do any type of prospecting because you came in well informed and his job was half done. If this is the case, be sure to tell him that I said “You’re welcome.”

Right now the country, no, actually the world, is in the midst of a global financial crisis. While not naming any individual names the generic culprit in all of this is greed. (more…)

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Economic Crisis – How to Succeed in Difficult Times

October 20th, 2009 admin

Recent economic scares have placed fear into the minds of all business owners, big and small. It’s important during these times to think positively and put your best foot forward.

The key element to keeping your business alive is focusing on marketing strategies and thinking in the most positive light. We’re all going through the same thing. No one is alone. If you want to punch up business during these times, create ways to focus even more on what your target market wants. This economic crisis is the perfect time for you to lend more focus to your marketing strategies and further delve into the minds of your target market. (more…)

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Just Stick to Your Rules – Evidence From the Financial Crisis

October 10th, 2009 admin

The first article I have written (1), is a concise summary of the book about the same subject: the parallel between investment management and business management.

The idea is simple; in business management as in investment management managers are continuously seduced by information, new products, new market opportunities and other ideas and possibilities that come from the outside. In business management managers often hold on to a strategic plan which they design and continuously evaluate. In investment management, the manager may have a similar plan that guides him or her through the market developments. (more…)

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Facing Financial Crisis Then Move Your Teaching Career Abroad

December 1st, 2008 admin

When you are struggling to make ends meet a radical change in your life is called for. It is a fact that teachers are not well paid, but international teachers working in international schools receive good salaries and most positions come with an expatriate benefits package.

An expatriate package for an international teacher can include a yearly flight home, housing, utility contribution, health insurance (with pre-existing conditions covered), retirement contribution, contract completion bonus, and more. All of this adds up to money you do not have to spend from your salary. (more…)

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Surviving a Financial Crisis – A Personal Rescue Plan

December 1st, 2008 admin

Professional networkers know that MLM thrives when the economy tanks. In effect, network marketing offers a way of surviving a financial crisis.

One of the secrets of network marketing is finding the people who are looking for you. In times of economic distress, a larger percentage of people are searching for extra income.

The key is helping those people find you. Here’s six ways to make sure you make those connections:

• Build relationships. Listen closely to the people you meet. Ask questions about their life and their livelihood. Inevitably, they will let you know if they’re looking for an opportunity. (more…)

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Understanding the Financial Crisis

December 1st, 2008 admin

Bought any credit default swaps lately? For most of us the answer is, “No, and what is a credit default swap?”

But just because you haven’t purchased any doesn’t mean that it isn’t going to affect you. In fact given the press the financial markets have been getting, all of us are feeling the heat one way or the other. Whether you are concerned about your bank going bust or a decline in your 401K or your business being able to tap a line of credit you’ve had for years, we have all felt the negative effects of this crisis. (more…)

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Finding Opportunity in Today’s Economic Crisis

December 1st, 2008 admin

As a business coach, I have watched business owners reacting to the media’s constant negativity make some very unwise decisions. They have cut their marketing efforts, let go of sales people and made other knee jerk reactions out of fear. While now is the right time to take a hard look at your business and trim any excess fat to reduce expenses, it is not the time to cut the areas that drive your growth. Seasoned investors and business owners, like Warren Buffet, know that now is the time to look for opportunity. I tell my clients that during a down turn is when you invest your money and during a growth period you cash out or get rewarded for your smart decisions.

So what are some good things to be doing in today’s environment. Number one is to market or advertise, more now than when things were good. (more…)

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Financial and Economic Crisis in the Headlines

December 1st, 2008 admin

I haven’t even noticed any sort of a crisis in my business. It hasn’t hit me yet and I’m really hoping that it doesn’t hurt me at all, or anyone else online for that matter. However, if your one of the millions of people that have gotten laid off, or your company has “downsized” and in turn, left you out in the cold, there is something that can be done about this. I have talked to many people that work online from home, and they all say that us online workers and home business workers probably won’t be effected by what’s going on in the “real world” which is great news for you! No more unemployment, no more checks from the government that are allowing you to barely live, oh no! Now if you want to, you can actually check out some superb places online that have work at home jobs, businesses, and ops available. (more…)

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Lessons Learned From the US Financial Economic Crisis

December 1st, 2008 admin

As we enter the 2nd year of the US Financial Economic Crisis that started in August of 2007 with the sub-prime lending meltdown, the impact on the economy and the average American has been devastating. Economy.com is predicting that by the end of 2008 over 2.8 million US households will either be in foreclosure, be forced to give their house over to their lender and move out or sell their home for an amount lower than their actual mortgage balance.

And Federal Reserve Chairman Ben Bernanke said that mortgage defaults wouldn’t harm the US economy! (more…)

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