Infinite… timeless… the reverse funnel system is a system, like a corporation, it is not dependant on one person or one product. Currently the reverse funnel system is linked to GRN, Global Resorts Network, but since it is a system it can be applied to any product and any company.

If GRN disappears the reverse funnel system will still be thriving and ready to link to another source of income that may work better than GRN does now, although GRN was chosen for a specific reason and has been fulfilling the dreams of all those involved in the reverse funnel system the reverse funnel system is in no way dependant on GRN.

In fact all the reverse funnel system is…is an automated sales process that closes people into your business for you automatically. Ty Coughlin and the inner circle hired VERY expensive copy writers, and web conversion experts to design the system. And after a few months of running it the results have spoke for themselves. The Reverse Funnel System is producing 30-40% conversion rates. THAT is amazing.

So if GRN was ever not producing for the reverse funnel system as it should be than the system could simply be transferred to another company that could provide more for those of us who have become a part the reverse funnel system.

That is why the reverse funnel system is so amazing. It has everything to offer and very little to hurt you on. The biggest aspect of the reverse funnel system is that you must be delivering traffic into the system consistently… It has such high conversion rates this is not a problem but if the traffic is not sent to through the system then there will be no conversions and you will not see money.

So have no fear for the future of the reverse funnel system… it is here to stay and here to grow. Those who want to get involved early while the income potential can still reach six figures a month I expect you act fast. Because soon enough there will be many people driving traffic to their own individual funnels.

All the best and lets make some CASH!

If we were to go out on the streets in any major city and ask people to explain what globalization is and how it affects people in a “Jay Leno” type manner we would probably arrive with many different answers. Why is this? Why are their so many different definitions of globalization and why are there so many different opinions on the topic? In this essay we will look at the definition of globalization including the pros and cons of this concept. To First tackle these questions let us take a look at the definition of globalization.

There are many types of globalization, which give us the ability to describe it in many different fashions. We could look at cultural globalization for example, which explains and discusses the movement of a culture and cultural values around the globe and ways in which they build upon one another and meld together, or we could take a look at communication and how it changes across the globe. Though, for the sake of this article, we are going to focus on Economic globalization described by Bhagwati in his book “In Defense of globalization.” According to Bhagwati, “Economic globalization constitutes integration of national economies into the international economy through trade, direct foreign investment (by corporations and multinationals), short-term capital flows, international flows of workers and humanity generally, and flows of technology…” Now that we have a brief understanding of what economic globalization is, let us look at some controversies revolving around globalization and identify positive areas of globalization and other areas that need fixing.

When was the last time that you turned on your television or opened the news paper and read some article regarding globalization and outsourcing or globalization having to do with an increase in poverty? It seems that this is a hot-topic among the media today driven by rallying youths, banners waving, and non-government organization (NGO’s) voicing their opinion. Is all this anti-globalization justified? According to Bhagwati, it seems that we have two types of people leading this anti-globalization movement: “stake-wielders” and “stake-asserters.” Stake-wielding people are people who feel that they are at war with globalization and are usually wild extremist waving posters and shouting out arguments that they most likely don’t understand themselves. Now stake-asserting people are different in that they use reasoned dialogue to argue their points and generally try to inform and educate people on globalization issues rather than protesting. So what are some of the issues that these people spend all their time voicing concern over?

One very common discussion is whether or not globalization increases the poverty level and the gap between the wealthy and the poor. One argument that we could take regarding this issue would be to argue that through globalization we are able to slowly increase free trade and thus the movement of goods and services across boarders more easily. We would then have gains from trade that will enhances the growth of the economy which will in turn provide more jobs and lower the unemployment rate bringing countries out of poverty. The best way to do this according to Bhagwati is to have “an increase in the size of the pie.” This is done not by an economy simply producing more of what they specialize in but rather by increasing the gains they make through the process of international trade. In his article, “Fixing Globalization &ndash A Review Essay,” Joel J. Toppen argues that globalization is still very much up for debate and that our real focus should be directed towards the poor. Though globalization may not be specifically directed toward the poor, we can defiantly argue that it helps to elevate people out of poverty. So what are some other issues regarding globalization that people strongly advocate against? Does globalization actually solve these issues or does it need fixing?

Let us take a look at an issue that is constantly seen in the news, this would be the issue of outsourcing. When Nike first started outsourcing jobs overseas people were outraged. They were giving away American job just to make a few extra bucks and people were simply not happy about it. So how is this form of globalization even possibly a good thing? An argument that would support this aspect of globalization would be that by shipping jobs overseas countries in our economy are able to better maximize profits and thus help to grow our economy. Well this sounds all well and good but how long is it going to be until we see some of these gains in our economy? Are we not taking advantage of people overseas by paying them next to nothing? If one of us went to work one day and found out that our job was lost to outsourcing we can be sure that we wouldn’t be content with someone telling us that it was going to benefit the economy as and whole and eventually increase the standard of living. No. We would be miserable because we were now out of a job and among the unemployed; a person doesn’t live off of future gains. Now when deciding whether or not we are taking advantage of those “less fortunate” overseas by paying them so little we need to look at real wages.

Though it seems that we are taking advantage of people overseas and forcing them into sweatshop labor we are in fact increasing their real wage. Due to this increase in real wage the price of labor increases and we see a shift from longer hours of leisure to longer hours at work. This explains why people work so long at their jobs overseas. They want to work. Though this may explain that we are not taking advantage of people, we still see a loss of American jobs. Though we are seeing a loss in jobs, Bhagwati claims that we have “…actually raised the real wages of the workers.” He claims that the lower jobs are being outsourced and we are creating better jobs through and increase in education and technology. So is a part of globalization that needs fixing. If so, how do we do this?

If globalization causes an increase in real wage overseas and an eventual increase in the economy through the sacrifice of American jobs, how is it that we can stop the loss of these jobs and still maintain the benefits from globalization? This clearly needs some kind of fixing. One way that we could help with the loss of jobs would be to compensate those that lost their jobs from a clear from of outsourcing until they are able to get back on their feet. This is already done through programs provided by the U.S. government though it is often hard to make a clear distinction when it comes to the manner in which a job is lost.

Along with benefits form globalization there are also other areas that need fixing. A problem that we can see clearly results from globalization is the problem of illegal immigration from poor countries to rich countries. Through globalization, it has become easier and more beneficial for people living in a poor country to move to a country with a stronger economy. This is especially true when looking at the movement of people from Mexico to the United States. So why don’t we just open up our boarders and make it legal? If we were to simply open up the boarders between the U.S. and Mexico our economy would be obliterated. There would be a huge rush from into the U.S. by people waiting along the boarders. This huge rush of people would suck our economy dry, leaving us in a far worse condition. We are therefore presented with the problem of what to do with preventing illegal immigration. It used to be that most of our illegal immigration from Mexico came for people crossing the Rio Grande though it now comes from a different form. Bhagwati says that 50 percent of illegal immigrants now come form legal means such as visas. They enter the country legal and stay illegally. We know that it is impossible to eliminate illegal immigration so what do we do about it? He explains that to fix this problem “governments in the developed countries must turn to policies that will integrate migrants into their new homes in ways that will minimize the social costs and maximize the economic benefit.” This is a problem that will not only result between Mexico and the U.S. but also other countries as well.

Now we are going to take another look at an area of globalization that needs improvement. This problem is the ease at which capital flows can move in and out of an economy. It has been increasingly easier and easier to invest in foreign economies due fallen barriers broken down by pressure from institutions such as the IMF and OECD. According to Stiglitz, “The most adverse effects have arisen from the liberalization of financial and capital markets-which has posed risk to developing counties without commensurate rewards.” As globalization continues to occur it has become easier to invest in foreign economies through decreased barriers and instant transfers via the Internet. This can could potentially cause overwhelming problems because “as investor sentiment changes, the money is pulled out, leaving in its wake economic devastation.” So how do we fix this problem that arises form globalization? There clearly needs to be some type of barrier when it comes to capital flows. “[Capital-market liberalization] illustrates what can go wrong with globalization. Even economists like Jagdish Bhagwati, strong advocates of free trade, see the folly in liberalizing capital markets.” It is clear that we need to have some type of resistance to the ease at which capital may flow in and out of a country.

In this article we have looked at the definition of globalization, areas of globalization that are sound as well as areas that could use some improvement. From this we are better able to understand the complexity of the issue and hopefully gain some insight that will help us to live in a way that will help better our world.

Working from home has turn out to be more and more trendy in the past few years. More people are getting weary of having to rouse up early and make a extensive commute to a job they detest and working for a person or a company they don’’t want to work for. One of the best advantages to working from home on your own home business is that you can wake up when you want or need to and the commute is a long as it takes for you to walk to your home office. But it can be easy to get distracted when you are working from home so here are a few guidelines to keep in mind.

It’s critical that you become involved in all characteristics of your home business and become well-versed in the areas that you are unfamiliar with. This includes starting from the very idea on what you want your business to be about, to the formation of the service or the product all the way to the end when the product or service reaches the customer. If you assign things to other people, it can be easy to get induced into doing something that you end up not liking, so knowing what is going on in all aspects of the business is very important.

Exploration is a great thing. I know it can seem a little bit scary, especially if your home business is the lone thing contributing to your earnings. However a business should be about doing new things. The world is moving at a fast pace and people get jaded with seeing the same things over and over again and experimentation of ideas and products could be very useful and give you a step up above your competitors.

The biggest thing you need to be educated about when owning and operating a home business is the Internet. It is the most prevailing tool you can have when working from home. The Internet is the best place to tell people about what your business has to offer and there are several ways to not only inform people but also make money with different types of programs like advertising and affiliation. Having a website is one of the best ways to confront all of these things and you can either make it yourself or hire someone to do it for you. The bottom line is that any business needs to have an online presence.

These are just a few of the many things you need to think about when working from home and owning your own home business. Like I said before, it is crucial to become informed with all characteristics of operating a home business.

Now, unless you’re BRAND new to the home based business industry you’ve

probably heard a few things about The Reverse Funnel System.

What you haven’t heard thought migh shock you.

You see, Ty Coughlin (the creator of The Reverse Funnel System) forgot to tell

you one thing about his system that is making some of it’s members $5-$10k a

week.

it takes WORK!

Yes, believe it or not even though The Reverse Funnel System makes it a heck

of a lot easier for new home based business owners to make a large amount

of money in a short amount of time it still takes good old fashioned hard work.

Now the good thing is the harder you work at this business the more money you

make. That’s the way it works in any business of course but if you’re looking for

a get rich quick scheme or overnight success The Reverse Funnel System is not

for you.

However, if you are looking for a serious way to make some serious income then

you’re going to need a good system and as far as systems are concerned there

is not one that converts better, pays you more, and frees up as much time as

Ty Coughlin’s System.

If anything you’ll learn what it takes to create real success in the home based

business industry and fast because there is a lot of top marketers in the industry

using this exact same system.

In closing, do your research before joining any home based business because

you’re not getting into business to lose money your getting into business to make

money.

The Reverse Funnel System (RFS) was designed by expert Internet marketers for Internet marketers. If you want the opportunity to make your internet marketing position a full time job and are motivated enough to put in the work to do it, then RFS is for you.

RFS, an automated sales process that helps close people for you into your business so you don’t have too, is designed for those people in love with the internet marketing aspect of the MLM or direct sales industry. If you like making videos, flooding forums with your controversial marketing ideas, developing personalities to attract different niches in the networking community arena but maybe don’t do so well cold calling people, house hunting and family bashing, then RFS is for you.

Granted you will still have to talk on the telephone, this will be reduced fifty fold. Your e-mail communication will probably increase as you push for further automation and greater web based absorption of the workload. People who want to make a lot of money but do it in an unconventional way are perfect candidates to take advantage of RFS.

RFS puts money in people’s pockets. You push the traffic into RFS. If you think you are motivated enough to close three to four sales a week the system would have probably closed three to four for you as well and without too much but some quality time spent driving traffic you can be making eight to ten thousand dollars a week.

RFS combines professional copywriting with a crafted paid survey designed to make you money and help you craft a winning team. The type of person who can take the most advantage of the Reverse Funnel System is a team leader. With a compensation plan that will be paying you thousand dollar commissions off of your down line’s sales, if you can’t make sure your team is duplicating what you have produced through training seminars, providing content and opportunities, or by bringing them into a team that has these offerings, you will be losing tens of thousands of dollars a month.

So think about your needs and desires as you consider your next business move. Look at your strengths and weaknesses to determine if you are ready for RFS. Some people sell cars while others sell cell phones. Both think their position works best for them and it probably does, however the car salesman will always have the potential to make more than the cell phone salesman with the much higher commissions.

Here’s a question that everyone has an opinion on, and usually a strong one. And the simple answer is that there is actually a simple answer, but it conflicts with what most sellers do.

Almost universally, with very few exceptions, the best price to start your listings at is 99cents, or the equivalent in your local currency. Some of you may be nodding in agreement, while others are vehemently shaking their heads, and still others of you are intrigued.

Let me explain the psychological and statistical reasons behind this strategy.

There is a predictable and inevitable process that starts to take place when you list an item for 99cents. I should clarify this only works if it’s obvious that the item is worth more than 99cents. Should be obvious, but it needs to be said, and I don’t want people wasting their time writing in to tell me that. Back to the plot…

As soon as you list an item at 99cents, it attracts bids pretty much immediately because it’s seen as a bargain, and attracting bids is the key to success because bids attract bids like bees to a honey pot.

If an item doesn’t have any bids, it’s a much bigger step for a buyer to place a bid; because no on wants to be the first. Think about this from your own experience as a buyer &ndash how often are you the first person to place a bid on an item, and if you were the first, what was the starting price?

I told you there was psychology behind this, didn’t I? Here’s what happens. When someone bids on an item, they mentally take ownership of it. Even though the auction is still going, they believe that the item is theirs because, when they place their bid, they are obviously the high bidder at the time. So when you start at such a low price, you attract lots of people who all believe they might get a bargain and, in placing a bid, they commit to buying it, they make an unconscious claim of ownership of that item. The net result is that you have a bunch of bidders who all believe the item is theirs.

This is a fantastic position to be in as a seller because, in almost every case the final bid ends up being far more than if you’d have listed the item at a starting price closer to its true value. For example, let’s say you’ve got an item that you want to sell for three hundred dollars.

If you list the item to start at two hundred dollars then you’ll probably get two hundred and something, possibly three hundred for it.

If you start the item at ninety nine cents, the price will rise rapidly within the first day or so, and again near the end, and invariably it’ll result with a far higher ending amount.

The reason for this is the initial interest the auction attracts &ndash an item with a very low starting price will attract far more interest than one closer to the true value of the item.

Another factor that comes into play is pride. When someone else comes along and places a higher bid on THEIR item, it feels like an insult (think about this in your own experience as a buyer). So bidding at that point becomes less about the actual money involved and more about. So they end up bidding far more for the item than they really should have done and often more than they intended to. A similar situation often occurs with inexperienced buyers in offline auctions.

It’s all about the numbers &ndash the more bidders you have, the more people who have taken ‘ownership’ of the item, the more they will fight to get it. It’s buyer psychology and it’s been proven over and over again to be true.

If this strategy still sounds scary and reckless, let me reassure you that it’s not. Let’s just say that something freaky happens, the worst case scenario happens, where you list something for 99 cents that was worth a lot more and it didn’t receive many bids. Well, some sellers use eBay’s facility to withdraw the item from sale up to twelve hours before the auction finishes. That’s your choice, but my personal feeling is that an occasional incident where an item didn’t reach it’s true value happens so rarely that you should send the item and be happy about the 99% of times when you raked in the cash!

The Completed Listings section on eBay will provide you with all the proof you need about the benefits of this technique. You’ll see the dramatic differences of the end result of auctions that had low and high starting prices. 99 cent auctions are one of the biggest kept secrets of eBay success, because few people are bold enough to try it. So take a deep breath, suck it up, and list something for 99cents with no reserve. You’ll be so glad you did.

Does your company have an email policy? Did you even know there was such a thing? Well, there is, and if your company doesn’t have one you are not only risking the professional image of your firm, but also risking potential liability issues that may arise from the misuse of your company email system.

Having a published email policy accomplishes three objectives.

First, it teaches your employees how to use email in a professional manner. What’s that? You’ve never really given much thought about the emails your employees send out? Well, you should, because ill-composed and unprofessional emails not only reflect on the employee, but on you and your company, as well.

Chances are most of your employees don’t even spell check the emails they send to your customers and partners. Chances are even greater that they are sending other items through your company email system that may get you sued.

Consider this: if one of your male employees sends an email to a female employee that might be considered harassing in nature, you may be judged to be just as liable for damages when her attorney comes calling with harassment suit in hand.

Creating a company email policy also helps lay out the ground rules for personal use of company email. When an employee is on your clock, using your computer equipment, and your network, and your resources they should understand that personal emails should not be sent or received using the company email system.

This can be a hard rule to enforce, given that kids now email their moms at work after school and soccer coaches email everybody, but as a rule, personal use of the company email system should not be allowed.

An effective company email policy also helps cover your corporate backside against liability. Take the example above of the potential harassment suit caused by an insulting email. If your company has a clearly-stated email policy that details what is considered inappropriate, you can minimize the company’s liability by proving that employees were trained in the proper use of email.

If you can prove that employees knew that sending such emails were not acceptable under company policy, your liability can be greatly lessened.

Having a good email policy can also give you a competitive advantage over the competition. As email becomes the professional communication medium of choice, composing professional, thoughtful emails can truly put your company ahead of the pack.

I can tell you from experience that I have actually won contracts simply because the customer was impressed that I replied to his email quickly and professionally. In other words, I’ve made thousands of dollars just because I respond quickly and use a spellchecker. Is this a great country or what?

How do you create an email policy? If you have other existing policies in place, such as those that pertain to business communications, access to confidential materials, personal use of the telephone, sexual harassment, etc. you should be able to establish an email policy using the existing policies as guidelines.

If you need to start from scratch you can still write the policy yourself with a little time and research, however, many companies rely on professional consultants to do the job for them. When you realize the importance of an email policy and understand the ramifications of not having one, you’ll probably agree that its money well-spent.

An email policy doesn’t have to be a long, drawn out document. Most policies are no more than a few pages long, written in plain English that every employee can easily understand.

The key to the success of your company email policy lies in the training of your employees. You can’t just establish a policy and expect everyone to follow blindly. Once the policy is written it should be distributed to employees and can even become part of future employment contracts. Explain the policy to your employees and have them read and sign to signify that they understand and will adhere to the rules.

Many companies are now realizing the importance of email and are putting on training seminars that not only teach their employees how to stick to the policy, but how to compose and respond to emails, as well.

Here’s to your success!

There are two kinds of capital: debt and equity. Both kinds are typically used by a company during its lifetime. Lenders have different objectives than investors and therefore look at different factors about a company when deciding whether or not to invest or make a loan.

Debt

Debt is money borrowed, which must be repaid at a set time period and generates income for the lender over that time period. Lending sources include not only banks, but also leasing companies, factoring companies and even individuals.

Lending sources look primarily at two factors: how risky the loan is; and whether the company can generate sufficient cash to pay the interest and repay the principal. The growth potential of the company is secondary; the primary considerations are the track record and asset base of the company. Usually the debt must be secured against the assets of the company and very commonly must also be secured against the assets of the owner of the company, also called a personal

guarantee.

Assets of the company are not usually given full book value in securing a loan. In other words, if your inventory has a book value of $50,000 (or it cost you $50,000 to produce that inventory) a lending source will only give you 50% to 75% of that value. The reason being is that the lending source is not in your business and would have to quickly liquidate the inventory, rather than selling it at market prices.

Accounts receivable, or money that is owed to you from customers who have previously purchased your product but not paid for it yet, are also discounted. Using the same example, $50,000 worth of accounts receivable may only be worth 60% to 70% of that value to the lending source. Customers may not pay the full amount owed, or feel they have to pay for the product at all, if an outside lending source is demanding payment. And so on…with equipment, land, buildings, furniture, fixtures and what ever other assets the company has, the same general rule applies.

The lender often requests that the personal assets of the owner of the company are pledged as a contingency and as a gesture of faith by the owner. Obviously, if the owner of the company does not believe in his/her own company’s ability to repay the loan, why should the lending source?

Equity

Equity capital is money given for a share of ownership of the company. Equity can be provided by individual investors, sometimes known as “angels”, venture capital companies, joint venture partners, and the sweat equity and capital contribution of the founders of the company. Equity providers are more interested in the growth potential of the company. Their objective is to invest an amount now and reap the rewards of a 5 to 1, or even 10 to 1, payoff in three to five years. In other words $100,000 now will be worth $1,000,000 in three years if invested in the right company.

Since the objectives of investors are different from lenders, the factors they evaluate in determining whether to invest are different from lending sources. Investors like to put money in companies that have the potential for rapid growth. Growth potential is based on the quality of management of the company, product brand strength, barriers of entry to competitors and size of the market for the product.

So Debt Or Equity Capital?

The answer is dependent on the answers to several questions: Why does the company require additional capital? What stage is the company at? What is the financial condition of the company? How much capital is required? What constraints will the financing source put on the day-to-day operations of the company? And finally, what impact will the financing source have on the ownership of the company?

Why Does The Company Require Additional Capital?

The reasons funds are required, or how they will be put to use, may lend themselves more to debt than to equity or vice versa. Debt is often a source of funds for the day-to-day operations of the company or to refinance a current loan. Expansion capital can be debt or equity. Start up funds most often come from equity sources. A turnaround situation, refinancing a delinquent loan, covering a deficit in revenues, could be either, but in these cases the financing will come with a high price.

What Stage Is The Company At?

Companies grow through several different stages: seed, start-up, first stage, and second stage. The stage of the company can be an indicator of the risk involved. While neither debt nor equity would be prohibited at any stage, the older and more established the company is, usually the less risky it is.

Seed Stage–the idea for a product or company is in the mind of the founder, but there is still substantial research and development necessary to determine whether the idea is viable.

Start-up–the company has a business plan, a defined product, and basic structure, but little or no revenues are being generated. The product may still be just a prototype.

First Stage–the product is either ready for market, or is generating some revenues. The structure of the company is in place.

Second Stage–full scale production. The company’s product has been selling and accepted by the marketplace. The company is ready for a major national introduction of the product or introduction of a second product.

Established–the company has been operating successfully for at least three years.

Turnaround– the company has been operating for a number of years but is underperforming. A hard turnaround refers to a company that is not only underperforming, but has been in a cash deficit position with little hope of returning to a positive position without major restructuring.

What Is The Financial Condition Of The Company?

In certain situations the company’s financial condition will suggest one kind of capital over the other. If the company needs all its cash to fund its growth, then a loan is not feasible, because the company could not afford interest and principal payments. If the company just needs a line of credit to fund a cyclical increase in orders, then it doesn’t make sense to bring in an equity investor.

A lender looks at the asset base to secure a loan, and the cash that has been generated to pay the interest. They also look at what other debt or liabilities the company has and very often the debts and liabilities of the owner(s). The old adage that it’s easiest to get a loan when you don’t need one is close to the truth. A strong balance sheet, top heavy on cash, and light on the side of liabilities is easier to finance.

Investors look at how healthy the company is by reviewing trends in the operating statements and the balance sheet. A company that has demonstrated a positive trend in the past is looked upon favorably. However, the future outlook for the company’s product and market is just as important to an investor as the past performance. A company with a somewhat shaky past in a currently booming industry is probably preferable to an equity investor than a great performance in the past in an industry that’s on the downslide.

But what if your company is a start-up and doesn’t have much, if any, history? Then other factors will be reviewed such as:

How much money the owners contributed to the company.

How strong is the management team.

How dedicated to success is the management team.

What other proprietary assets might be available such as patents, trademarks, goodwill, etc.

What barriers to entry to the marketplace are there?

While both debt and equity come at a price, the company must generate enough cash to repay the principal of the loan and the ongoing interest expense. Equity does not have to be repaid according to a fixed schedule. Equity investors are seeking long-term returns.

How Much Capital Is Required?

A small amount of capital required for a short time is not often an attractive situation to either traditional debt or equity sources. Lenders are not interested in loans that cost them as much in processing as in the income that can be generated. Investors feel that the due diligence required to fund a small amount of capital is nearly the same as that to fund a much larger amount.

On the other hand a very large amount of capital may only be obtainable if broken into stages that are funded based on achieving performance levels. For example: you have an idea for a diagnostic test that would be a medical breakthrough and revolutionize the treatment of all disease as we now know it. But you need $3.5 million to get the product ready to market. The initial funding may be as little as $50,000 to perform a literature and patent search to see if anyone else is working on the same idea and to determine the size of the market demand for the product. If the search shows that no one else is working on the idea, and the market is every doctor’s office worldwide, the second stage of $500,000 could be available to acquire lab equipment, hire lab technicians for six months, and hire consultants to develop a business and marketing plan. If the lab technicians develop a prototype test apparatus by the end of the six months, then $1,000,000 more could be available to develop a working prototype and patent it. When the working prototype is patented then $750,000 would be available to obtain FDA approval and independent tests.

What Constraints Will The Financing Source Put On The Day-To-Day Operations Of The Company?

You must consider how the financing source may limit the company’s operations. Loan covenants often restrict what the company can do with excess cash. They can also put limits on how much the company can spend, and on what type of expenditures, as well as demanding that the company maintain certain balances in their accounts, collect their receivable within certain limits, even determine the credit policies that the company extends to its customers. The company may not be able to take advantage of some opportunities because of these restrictions.

Equity investors can demand the same restrictions and in addition require that they have veto power in certain instances, or expenditure approval, even if they are in a minority ownership position.

What Impact Will The Financing Have On The Ownership Position?

The last issue and probably the most important one is, how will the owners react to having their ownership and management control diluted. An investor can often contribute experience and management expertise, as well as money, and has a vested interest in the success of your company. A lending source has no impact on the company (other than any loan covenants discussed above); its primary objective is to be repaid.

So Debt Or Equity? The choice is yours.

Not just the simplicity factor with which we can shop online but the discounts that we can get 24 hours a day with no theory of working day makes cyberspace shopping a good experience for buyer. Traders from global picture enter into your list of options providing you with competitive price tags with no constraints of rent, employee salary etc.

A seller may ask you to post comments on his web site for review. You can get many neutral reviews from buyers who have purchased and tried the products.

Ease of accessibility

As we discussed earlier, with internet stores opening every now & then, there are plenty of stores & items on net & nothing is better than getting your delivery at your door-step with some clicks on your computer. You don’t have to rush to all the stores to compare price. Its just one chair & you compare all the offers using your hands.

Cheaper Prices with big concessions

Online stores have the ability to offer better prices while maintaining a sound profit margin. This is achieved by having a virtual shop without any need to pay for its lease, maintenance or other expenses PLUS managing without workers & their heavy salary. After this comes the fierce competition factor among merchants that further lower down the cost.

Cut down time taken in locating it

Introduction of shopping directories have made everything more easy. Shopping directories have not only made finding your product trouble-free but it also saves time killed in visiting multiple stores & finding your desired product. Shoppers can browse through multiple store products all from one web site cutting down on time spent in visiting multiple stores for an item OR search for multiple types of items from multiple stores.

I’ve spent a lifetime committed to helping others. It’s what gives me the greatest joy, fulfillment and satisfaction in life. I’m also a true believer in the old adage - “What goes around comes around.”

This is reinforced on many occasions when I encounter an old co-worker, friend or acquaintance who reminds me of how I inspired them, gave them guidance or helped them through a difficult time. These kinds of experiences always motivate me to keep putting good things out into the world.

We never know in advance what good may come from the gestures we put out there. Maybe it will inspire, encourage, educate, motivate or actually change someone’s life. In any event, people will always come away knowing that they matter to you.

In business, as in life, it all comes down to people. People are your customers, co-workers, employees, leaders, managers, investors and vendors. Success in your business depends on the people you encounter. How you treat those people will have a significant impact on your bottom line.

Here are some ways to help people in your business and show them that they matter:

1. Deliver incredible customer service.

2. Give a single parent the afternoon off.

3. Pay someone more than you need to.

4. Send a hand-written note to an employee acknowledging a job well done.

5. Loan a subordinate a book that you’ve found to be helpful.

6. Tell someone struggling “I want to help you succeed,” and mean it.

7. Stop by and talk, without an agenda.

8. Share a resource that you’ve found useful.

9. Create a safe space for openness and honesty.

10. Let people tell you how they feel, and listen without interrupting.

I encourage you to think about the people that you impact, the lives that you touch and the positive changes that you can make. These are the true signs of leadership and in my opinion are more important than the money that you make, the position that you hold or the size of your office.

You can do good while you’re doing well. It may require you to think of new ways to do it, but when you focus on helping others, you’ll succeed in ways beyond measure.