How much is a car? Is $10,000 expensive? Well, for a wreck with no engine, it’s far too expensive, but for a brand new Porsche, it’s too cheap. We should evaluate cost relative to the value it generates, shouldn’t we? A character called me tonight – he’d picked up my business card somewhere and he…
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Background: I attended the management course at Hotel School with a fellow, Peter van V…, who was a star student – he was chosen to work in the best hotels. Many years later, when I was a successful entrepreneur, he showed up, down and out, and asked me for a commission-only sales job. He admitted…
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Here’s the background: One of my coaching clients, a wealthy, successful, savvy and connected businessman, told me his daughter was moving from Calgary to Winnipeg – company move – and he was looking for a realtor in Winnipeg who would pay him a commission for bringing that realtor the business – an expensive home, no…
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Here are Eleven Red Flags to look out for before spending a dime or a minute on a consultant or coach: 1. Is he an employee who retired and now wants to teach entrepreneurs how to run a business? That’s like a tortoise teaching a bird how to fly. Dangerous. 2. Does he want you…
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“But you see,” said Roark quietly, “I have, let’s say, sixty years to live. Most of that time will be spent working. I’ve chosen the work I want to do. If I find no joy in it, then I’m only condemning myself to sixty years of torture. And I can find the joy only if…
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First, a good friend of mine whom I have known for 12 years recently told me an amazing story about one of his clients. He is a very well respected and conservative financial planner. His client is in her early 60′s and had saved $400,000 in the bank, which was to go to her children…
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When hack jugglers drop a prop, Penn Jillette calls the event “A sudden gust of gravity.” In South Africa, we used to refer to unexpected misfortune as “Die blinde sambok” – the Blind Whip. The Chinese for Unexpected Misfortune is San Chang Liang Duan, which literately means “the three are long and the two are…
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When two men face each other, the one that is committed at the deepest level will always win. When one has his life on the line and the other is involved in a part time game, guess who will be the victor? There is a huge difference between a calling and a hobby, a pledge…
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Confucius said, “The superior man acts before he speaks, and afterwards speaks according to his action.” Someone recently asked me an interesting question: “If you’re so good, answer me this: Do all your coaching clients double their profits because of your coaching?” The answer is a short and decisive “NO.” Why? Because while the information…
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In our increasingly socialist society, where business is attacked and blamed on a regular basis, while government ineptitude and dishonesty is overlooked, here is why you should be proud to be an entrepreneur. Indeed, those who decry the pursuit of wealth as evil are usually the most greedy parasites of all. Ayn Rand wrote, “Run…
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