A Traveling Salesman Finally Arrives at Home
For as long as I can remember, there’s been a fundamental problem with running pretty much any business. Finally, we’ve figured out the solution. In the old days, it was known as the “traveling salesman problem.” You see, a salesman needs to visit a number of geographically disparate cities. The problem – known in mathematics as a problem of combinatorial optimization – is how to visit all of the locations in the least amount of time.
READ MOREKeep On Rolling
One thing to keep in mind when buying a company’s stock is the lifespan of its product. In other words, keep an eye on how often consumers have to buy replacements. If people have to buy your product only once, you are on a constant search for new customers. Unless, that is, you’re satisfied with sporadic sales.
READ MORE4 Ways to Give Yourself More Time
Of all the ETR essays I’ve written about self-improvement, the ones that get the most response – both positive and negative – are those that have to do with saving time. I don’t know why that is. You would think ETR readers would be very happy to get advice about how to be more productive by spending less time doing routine tasks. You would think.
READ MORE3 Things You Can Get Paid to Photograph on Your Next Vacation
To most travelers, a vacation is a time to relax, take in a few museums, enjoy coffee in an outdoor cafe, eat out, and meet new people. But to me, a vacation is also the ticket to some easy extra income…
READ MORETransitioning Over to the “Money” Side of Your Company’s Business
You have the greatest chance of getting big raises, big promotions – and eventually, a six-figure income – if the work you do has a positive impact on your company’s bottom line.
READ MORECola Wars?
Over the last few months, I have been giving you advice to help you rearrange your portfolio to protect it during these difficult economic times. There is a small sector that I have yet to mention, and that is the soft-drink makers.
READ MOREHow to Get 2…3…Even 5 New Sales Promotions for the Price of 1
My clients shell out big bucks for me to write a single promotion package. But my smart clients can get two… three… even five promotions for the same price. How? By giving me the freedom to create multiple cover tests for them.
READ MOREAdvice on Websites and Marketing
Your instinct is good. Generally speaking, your marketing will be stronger if you sell one product at a time.
READ MORERunning Out of Bullets
If you hope to make money off the flailing economy, you need to keep your eye on the Fed. Last month, the Fed made another quarter of a point rate cut, bringing the target Fed Funds rate down to 2.25 percent. This makes 3.25 percent the Fed has shaved off the rate since last summer.
READ MOREThe Difference Between 30-Year Bond Returns and 30-Year Bondage
If you want to invest in bonds (these are U.S. bonds but you can do the same exercise with bonds from other countries), which ones do you choose? Here’s how to break this chart down in order to select the best deal.
READ MOREHow to Boost Your Bottom Line
The most common way to make money with teleseminars is to use them to sell products or services to your existing or prospective customers. But there’s another way.
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