New Product Service – Practice Makes Perfect

All of us have had the experience of receiving bad investment advice. Often time, a co-worker or friend will tout a new product service or other investment opportunity that they claim has an enormous potential for earnings growth. Bitter experience has taught me that, most often, it is only stock hype.

You must be prepared to do the correct research, if you wish to be lucky enough to open the next superstock or new product service which will bring you untold money. But for this, you need to have a mind which can understand rapidly changing stock situations and also a perfect timing.

My best advice is to speak with someone who has been personally successful in playing the stock market. I’m not talking about someone who is a stock or commodities broker. This person should be an outsider who took a chance and won big. Ask this person how they did their research and what made them pick one stock over another.

If you have never invested before then it is better that you first practice it out. Take a moderately large imaginary budget and prepare a worksheet based on whatever happens in the real stock market. Do imaginary transactions based on real time prices but keep track of the transaction costs that are involved. Check out your performance after about two months whether you make some profits, lose your money or break even.

The research should show you the way. Select at company that is intending to market a new product service and purchase the relevant merchandise. Your income will be generated by a successful launch of the new product service. If it fails, then you will have to review your research. Was there an extensive market or audience for the service? Was the product launched in a professional manner? Did the company promote its service well?

Intuition is an amazingly powerful tool we can use to cultivate and predict a winner. Use with caution, however, intuitive powers are based on our own individual life experiences. The result of years of trials and tribulations help to guide our intuition. Professional athletes hone their game to be the very best. They’ve accumulated intuitive skills and developed their strength, over time – to win! Intuition is not exclusive, it is yours too!

Everyone Sells Something!: Do You Sell A Product, Service, Mission, Or Yourself?

One of the most challenging aspects of the behavior of many human beings is, perhaps, why the words, sales, selling and marketing, are so often perceived as something either negative, or, at least, somewhat undesirable. In reality, each of us constantly sell something, whether it is a product, concept/ idea, plan, service, mission/ vision, or, perhaps most importantly, ourself. With that in mind, and with the objective of transforming perceived negativism to positive, forward moving, enhanced performance and behavior, it is important to begin with accepting this basic fact about selling, and to then understand how it, specifically relates to the sales of a product, service, mission or our self. Regardless of what area of our lives we want to further examine and enhance, it must be understood that everything begins with successfully showing others why they should further believe in you!

1. Product: This area is often best understood by people, because it is what we so often think of as selling. However, there is sometimes a personal conflict between over-selling something, and skewing the facts, etc., and merely thoroughly explaining the benefits, and how a customer or client might benefit from a particular item. Regardless of what you are trying to do, always remember that, in the long-term, there is never any true success until, and unless, you commit to maintaining your honor and absolute integrity, as opposed to taking a perceived short-cut, etc.

2. Service: Sometimes, those involved in service industries have personal trepidations and biases about saying they are selling. For example, few people really know how great a physician, dentist, etc., might be, but are heavily influenced by the so-called bedside manner of the doctor. In addition, in what I refer to as hybrid activities (combination of product and service, for example), such as real estate or financial sales/ service, these people often like to say they are involved in sales, rather than selling. What is the difference? In reality, generally very little, but in some people’s perceptions, selling is the evil twin of the two!

3. A mission: Those involved in a philanthropic, civic, political or similar activity, often shy away from saying that they sell. Therefore, the term, Director of Development, etc., is often preferred, because it conjures up to them, a higher degree of purity, service, etc. However, isn’t it really simply semantics?

4. Self: Regardless of what you do, it begins by selling yourself in some way. Why should anyone listen to you, adopt your ideas, philosophy, etc., unless you motivate them to do so, and then begins when you sell yourself? How well do you like yourself, and respect the principles you represent?

Instead of fearing or running away from this concept, you would be best served by embracing it, and improving your abilities, etc. We all sell, every day, or there is absolutely no possibility of being truly successful!

Home Improvement Tips: Ways to Increase the Value of Your Home

Reasons for A RedoHome improvement projects often begin with someone saying, “Wouldn’t it be nice if… ?” usually followed by a wish for a remodelled kitchen or a room addition for space to accommodate every family member’s needs. More often than not, reality and dreams don’t coincide, due to limited funds for realizing the dream, or limits on the available space. The trick: turning your dreams into reality. Begin with a realistic evaluation of your needs. Homeowners usually consider home improvements for one of the following reasons.You may feel the need to update something that is out-of-date. If your kitchen colour scheme was perfect a few decades ago but no longer works, now may a good time to update it.Some home improvement projects grow out of an immediate need to replace broken or inefficient fixtures. If a sink, tub, or toilet needs to be replaced, consider taking advantage of the opportunity to do a makeover on the entire bathroom.If you’re preparing to sell your home, you’ll want to be sure to get top dollar from the sale. That’s great motivation for some home improvement projects.You have decided that staying put and improving your home is a better option than moving.Your family has grown and you need more space.Improving to Move? or Improving to Stay?Evaluate your plans carefully if you’re improving your home to list it for sale. Cutting corners may hurt your prospects rather than helping them. But don’t go overboard either. Potential buyers may prefer not to pay for some of the extras, such as a hot tub or pool. You’re better off keeping the changes simple.And remember that buyers who view your home may not share your tastes and may not appreciate the care you took to find just the right shade of green paint for the walls.You’ll find that improving to sell is easier if you can think about it from the prospective buyer’s point of view: What is important to the home buyer? Here are a few remodelling projects buyers are likely to find valuable:Adding or remodelling a bathImproving the kitchenAdding a new roomLandscapingAdding a bedroomAdding or enclosing a garage.If you’re remodelling because you want to stay in your home, you should still avoid over-improving it. You’ll probably want to sell it someday, and even if your house is the best on the block, it may be difficult to convince potential buyers to pay for the things you considered important. And when you consider making improvements, keep in mind the value of other homes in the area. Your home’s value should not be more than 20% above the average, which means that a $10,000 kitchen improvement project well could be a better investment than a $10,000 hot tub, especially if yours will be the only home in the area with a hot tub.Home Maintenance versus Home ImprovementsIt’s unfortunate that some home improvement projects are undertaken because something has broken. Replacing a leaky bathtub may be the first step to a major bath remodeling: since the tub has to be replaced anyway, why not do the whole room?While that might be a legitimate reason to remodel, avoid basing your home improvement projects on immediate needs. You’ll be better off if you minimize problems with proper maintenance. Examine every part of your home at least once a year. Check the roof, the plumbing, electrical wiring, etc. As soon as become aware of a problem, fix it. Making repairs when you’re first aware of them will help you avoid larger expenses later on. Keep in mind that maintenance does not add to the value of your home. Usually repairs are not improvements; they are necessities.Hiring Professionals May Save You Time and MoneyIt should go without saying that home projects can be expensive, so you may be tempted to tackle them yourself as a way to save money. That may be a smart move for small projects. You won’t have to wait for someone to fit your house into their busy schedule, and you can boast about having done the work yourself.But unless you’re very versatile, major home improvements are better left to professionals. If you decide to remodel the kitchen and plan to do the work yourself, will you be able to handle the plumbing, electrical, and carpentry work on your own?. And don’t forget that you’ll need to finish it quickly, because you won’t have a kitchen as long as it’s a “work in process” and eating three meals a day in restaurants could get expensive. Keep in mind, do-it-yourself jobs generally take more time. And you’ll be responsible for getting all the necessary permits and inspections.Hiring people who have the required experience can save you money and time, too. For example, these professionals can help you get a custom look using stock products, and that can be a significant savings. Getting something done right the first time will give you value that lasts for years.To find qualified and dependable home improvement specialists, check with friends, business associates, and neighbours for recommendations. Always get at least three references, and check them out thoroughly. Also check with the local chapter of the Better Business Bureau or Chamber of Commerce. Their numbers can be found in the community services section of your telephone book.Once you’ve located the necessary home improvement specialists, make sure everyone is in agreement about the design, the schedule, and the budget, and get the details down in writing in a signed contract.It’s also wise to check on professional certifications and licenses, where required, and be certain that the contractors you hire are fully insured and bonded. Your town or city Building Department can provide that information. And it’s very important that you make sure contractors carry workers’ compensation insurance: if workers are injured on the job, you won’t be liable if the contractor is covered. Request copies of their insurance certificates. And make sure that either you or your contractor have gotten any necessary permits before the work begins. Contact your local Planning and Zoning Commission for information.Here’s a quick overview of some of the professionals you may need to work with when you remodel your home:Architect: Architects design homes or additions from the foundation to the roof. If your project will require structural changes such as adding or removing walls, or if the design is complex, you will probably need an architect. Since architects may charge an hourly or a flat fee, make sure you get an estimate of the total cost: drawing up the plans for a major remodeling project can take 80 hours or more.Contractor: The contractor oversees the home improvement project, including hiring and supervising workers, getting the necessary permits, making sure inspections are done as needed, and providing insurance for work crews. It’s always a good idea to get proposals from one or more reputable contractors, based on the specific details of your project.Be sure each contractor bids on exactly the same plan so that you can compare their bids more easily. When you’ve chosen a contractor, make sure the contract specifies that you will pay in stages. You’ll usually pay one third when the contract is signed so that the contractor can buy supplies. The number and timing for making the remaining payments will depend on the size of the project. Do not make the final payment until all the work is successfully completed, inspected, and approved.Interior Designers: Interior designers are specialists who will provide advice on furnishings, wall coverings, colors, styles, and more. They help save you time by narrowing your selection, and save money because they usually receive professional discounts from their suppliers. When meeting with an interior designer, be sure to tell them about your personal style and preferences. Expect to pay anywhere from $50 to $150 per hour, or you may be able to negotiate a flat fee of approximately 25% of the total project cost.