Its a holiday that seven out of every ten Americans plan to celebrate this year and its expected to pull in 6.9 billion dollars in consumer spending. A recent survey conducted by the National Retail Federation shows that people are ready to celebrate Halloween in a big way.

Here’s a breakdown of the projected revenue:

I personally don’t plan on spending $72.31 (The expected average per person) but I will stop by a few costume parties. What is the max you would spend?

JMT

To find out more information on the survey, click the link below:

http://adage.com/article/news/halloween-spending-expected-scary-good/230071/

 


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College-inc

There is a new scam going on at Wall Street and it doesn’t involve bad credit loans or foreclosures.

The big players have finally found a way to make millions of dollars off of education and the federal government is helping them.

How? For-Profit Institutions.

QUICK FACTS

  1. While students at for-profit schools make up only 10 percent of the college-going population, they consume almost a 25% of all federal financial aid.
  2. The majority of a for-profit school’s revenue comes from federal grants and loans.
  3. Critics of for-profit schools say such institutions use high-pressure sales tactics to recruit students, provide easy access to federal financial aid, load them with debt.
  4. For-profit colleges spend almost 25 percent of their total revenue on getting people to come to the college and only about 10 to 15 percent on instruction once the student is there.


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It takes a lot of patience and understanding to become a great fisherman.  There are certain techniques and rules to follow in order to score a big catch.

Unfortunately for me, I had to learn the hard way.

My first couple of fishing trips were a disaster because I had no knowledge on how to fish.  I remember fishing for hours and coming up empty handed.

Some of my basic mistakes:

  1. Not securing the bait on properly
  2. Fishing by too many people
  3. Not buying the right equipment
    (Fishing Bobbers, Tools, Weights, Bait, etc.)
  4. And other common mistakes.

As I got older, I started asking around for advice. I use to visit the local bait shop before heading out to talk strategy with the clerk or other fishermen. The results drastically changed. I went from coming up empty-handed after hours of fishing to catching a few small prospects.
(Most of them were too small to brag about.)

The point is that I had to learn from my failures. I had to analyze what worked and compare it with what didn’t. Over time, this process would produce a large database of successful techniques and strategies that work.

This information would be viewed as “priceless” to someone who is fishing for the first time. Not only would they probably perform better, but they would also save tons of time in frustration and bad approaches.

The same can be said about business. There are certain techniques and strategies that make some people successful and some bad approaches that will leave you empty-handed.

That’s why experience is so important in the business arena.

  • Learn from bad marketing campaigns
  • Learn from unsuccessful sales meetings
  • Learn how to master Cold Calling
  • Learn how to execute a marketing plan.

Yes, it takes time and  it takes patience, but the knowledge you will obtain over the years will be worth it.

- Just My Thoughts


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What’s your purpose in life?

It’s a simple question to answer, but for many of my peers, it was difficult to come up with a list of accomplishments that would bring them personal fulfillment.

I was only asked to name 2 personal goals, but i decided to take it a step further. So I sat down for about 30 minutes in a quite room and wrote down 10 personal goals that I felt would bring me personal fulfillment in life.

Here’s a couple of them:
1. To have a successful career.
2. To maintain a healthy mind, body and spirit.
3. To create generational wealth for my family.
4. To be a good father to my kids and devoted husband to my wife.


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Andrew Warner is the founder of Mixergy.com, a online resource guide for ambitious, entrepreneurs. Last year, he sat down with one of the Co-Founders of Y-Combinator.com, Paul Graham.

Y Combinator does seed funding for startup companies. Seed funding is the earliest stage of venture funding. It pays for your expenses while you’re still getting things started.

Paul and his team make small investments (rarely more than $20,000) in return for small stakes in the companies they fund (usually 2-10%). They’ve helped more than 172 companies with seed funding and expert advice on how to successfully launch a company.

In this interview, he discusses the different characteristics that help entrepreneurs stand out from other companies seeking financial help.

I chose this interview to share because I was recently looking up information on seed funding.  As I started reading more about the company, I realized that Y Combinator is an excellent resource for entrepreneurs in the early stages of development.

Check it out:

http://mixergy.com/y-combinator-paul-graham/


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Andrew Warner is the founder of Mixergy.com, a online resource guide for ambitious, entrepreneurs. He recently sat down with the Founder of Monster.com, Jeffrey Taylor.

Jeff, who recently turned 50, has a very young spirit. In the interview with Andrew, he talks about the risks with starting a company and using profits from his advertising agency to fund his monster idea. The highlight of the interview has to be when Andrew questions if Jeff sold the company prematurely.

Jeff’s response, “Eat Dinner when Dinner is Served.” Very funny, but true.

This was a great interview to watch.

Click the link below to watch the interview:

http://mixergy.com/jeff-taylor-monster-interview/


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