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GamblingA Lesson In Money Management
by:
John Colanzi
It disturbs me once
I see simply about marketers who've lost a
ton of money promoting their ventures.
I've seen messages by marketers who've spent as more as
$9,000 without fashioning a cent. What's even as more disturbing
is the fact that many a of them have spent that money and
haven't knowing a thing.
They've not only spent all their savings, they think the
problem wish be resolved
by defrayal more money. They're
chasing their losses.
They aren't building a business, they are gambling. The
more they lose, the more they spend.
There's only one question to ask yourself before parting
with your hard attained
money.
"Will defrayal this money do me more money?"
I knowing that lesson in the brick and mortar earth real
fast. I had simply hocked my soul to buy a small business.
Before I even as ready-made a profit, I asked a friend about
knocking down a wall.
I still remember our conversation.
"Paul I'm thinking simply about sound
down that wall."
Paul looked at me and said, "John do you actually think it
will do you more money?"
That answer was a wake up call. My decision was based more
on ego, than it was on sound money management.
I'm still appreciative I ne'er
moulding
down that wall.
Every dollar you spend, must bring back more than a dollar
in profits.
If you break even, you've lost money. You have a hole in
the bottom of your bucket.
You must save money in your personal life and in your
business venture as well.
The next time you're available to spend money on a product or
service, ask yourself; "Will this do me more money?"
If the answer isn't a resonating yes, put your credit card
away. Do decisions based on profits, not ego.
Just simply about the Author
John publishes the "Street Smart Marketing"
newsletter. To subscribe
mailto:streetsmart@rapidreply.net
Download your free copy of Private secrets of Success.
http://www.internet-profits4u.com/streetsmart.exe
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