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  • Actual for You - Financial Services Professionals: The Business of Busy-ness, is it Destroying Your Sales?

    What Is A Virtual Assistant?
    You may have heard this word used a lot online, there is a reason why. A virtual assistant is basically a person who is a temporary worker for an online business. Sometimes this is more common for businesses over seas. A virtual assistant is often compared to lawyers or a realtor because of the way they go about performing their services.How Do I Become A Virtual Assistant?Well to begin with sometimes businesses want at least 5 years of experience of working in an office. Most often though there is training available to be
    away at your hard-earned profits.

    Income consuming can be tough to evaluate , because on the surface they seem to be income generating or conserving. Whether it's being dragged to and through another pointless meeting or policies and procedures that do nothing but complicate the simplest of tasks ... or (fil

    Logo Designing Tips: Win your Customers - Beat Your Competitors
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    Did you know that the word "business" actually comes from the word "busy"?

    Financial services sales offers us several ways of keeping busy. In fact, three types of activities fill everyone's days - those which are income GENERATING ... income CONSERVING ... and income CONSUMING.

    The challenge is staying focused on the right activities and in the financial services industry you are probably responsible for ALL three!

    Income generating activities are the lifeblood of your business. They are where ALL the money comes from. Your sales are the result of this step well done.

    In this category you will find all sorts of activities - prospecting ... customer acquisition ... marketing ... research and development and that's just a glimpse.

    Income Conserving activities protect your hard earned money. Here is where you preserve your sales.

    In this category you'll find activities relating to being efficient, as well as anything that impacts good will and customer loyalty.

    Income Consuming activities are a normal part of every business.

    While many income consuming activities are necessary ... unavoidable ...important... perhaps mission-critical, most are simply a blatant waste of time and resources and eat away at your hard-earned profits.

    Income consuming can be tough to evaluate , because on the surface they seem to be income generating or conserving. Whether it's being dragged to and through another pointless meeting or policies and procedures that do nothing but complicate the simplest of tasks ... or (fill

    Excuse Me - Did My Business Disrupt You? Too Bad!
    Filed under: brainstorming corner — @ 12:22 pmA disruptive technology is a new technological innovation, product, or service that eventually overturns the existing dominant technology in the market, despite the fact that the disruptive technology is both radically different from the leading technology and that it often initially performs worse than the leading technology according to existing measures of performance. A disruptive technology comes to dominate an existing market by either filling a role in a new market that the older t
    g focused on the right activities and in the financial services industry you are probably responsible for ALL three!

    Income generating activities are the lifeblood of your business. They are where ALL the money comes from. Your sales are the result of this step well done.

    In this category you will find all sorts of activities - prospecting ... customer acquisition ... marketing ... research and development and that's just a glimpse.

    Income Conserving activities protect your hard earned money. Here is where you preserve your sales.

    In this category you'll find activities relating to being efficient, as well as anything that impacts good will and customer loyalty.

    Income Consuming activities are a normal part of every business.

    While many income consuming activities are necessary ... unavoidable ...important... perhaps mission-critical, most are simply a blatant waste of time and resources and eat away at your hard-earned profits.

    Income consuming can be tough to evaluate , because on the surface they seem to be income generating or conserving. Whether it's being dragged to and through another pointless meeting or policies and procedures that do nothing but complicate the simplest of tasks ... or (fil

    Working From Home Even With the Kids Around
    Picture this. You're sitting in your office working. The phone rings and caller ID tells you it's your biggest client. You grab their file so you can get the information needed to do the last part of your assignment. You pick up the phone and start talking. Then it happens. You child comes running into your home office crying about a lost toy. What do you do now?Working from home sounds like a wonderful compromise for the mother of a young child. You can save the cost of daycare, get to watch your children grow, and even earn money t
    all sorts of activities - prospecting ... customer acquisition ... marketing ... research and development and that's just a glimpse.

    Income Conserving activities protect your hard earned money. Here is where you preserve your sales.

    In this category you'll find activities relating to being efficient, as well as anything that impacts good will and customer loyalty.

    Income Consuming activities are a normal part of every business.

    While many income consuming activities are necessary ... unavoidable ...important... perhaps mission-critical, most are simply a blatant waste of time and resources and eat away at your hard-earned profits.

    Income consuming can be tough to evaluate , because on the surface they seem to be income generating or conserving. Whether it's being dragged to and through another pointless meeting or policies and procedures that do nothing but complicate the simplest of tasks ... or (fil

    Internet Business Versus Bricks and Mortar Business
    I used to think of starting and operating several trading and consulting businesses, but after realizing the aspects of internet businesses, my plans for generating tremendous income in future have changed. I believe every business-minded people will experience this paradigm shift once they come to know of the internet business wonders that makes brick and mortar type of businesses outdated.Starting an internet business doesn’t require much capital output compared to a typical brick and mortar business. Forget the costly commercial s
    as well as anything that impacts good will and customer loyalty.

    Income Consuming activities are a normal part of every business.

    While many income consuming activities are necessary ... unavoidable ...important... perhaps mission-critical, most are simply a blatant waste of time and resources and eat away at your hard-earned profits.

    Income consuming can be tough to evaluate , because on the surface they seem to be income generating or conserving. Whether it's being dragged to and through another pointless meeting or policies and procedures that do nothing but complicate the simplest of tasks ... or (fil

    Support During Career Transition: Keeping Upbeat and Focused
    Do you sometimes find that as soon as you take that leap and decide to make a positive career change, you’re met with criticism and resistance from those around you? They tell you why it’s a bad idea and try to persuade you not to follow your dream.Luckily, it only seems that way. One of the biggest challenges that many people in career transition face is trying to convince their families, friends, coworkers and the people who know them best, that change is a good thing. At a time when everything is in flux, it's tough for us to reas
    away at your hard-earned profits.

    Income consuming can be tough to evaluate , because on the surface they seem to be income generating or conserving. Whether it's being dragged to and through another pointless meeting or policies and procedures that do nothing but complicate the simplest of tasks ... or (fill in the blank with whatever drive you CRAZY), the average day is filled with things that are of little or no value to your business.

    Nevertheless, activities that ARE of PARAMOUNT importance to your business can STILL be incoming consuming.

    For example: let's say a prospect wants your service and your friend refers them to you. You make an appointment, give them a presentation and they hire you. You then go back to the office to finish up paperwork and begin being of service.

    While anyone in sales would probably argue the point, when they do the needs analysis and the paperwork, that is NOT income generating ... it's income CONSUMING. That does not mean it wasn't important - it was CRITICAL in fact! But the income was actually generated by the salespersons marketing efforts. Everything that occurred AFTER the presentation became an expense in order to fulfill the agreement.

    The salesperson can certainly help CONSERVE income by being professional and frugal with time. He even has the potential for GENERATING additional income by suggesting another product to the client - or by making such a positive impression that the client would eagerly recommend him to others - but the pure activity of providing the service is inc

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