Tag Archives: WSJ

The Policies of Obama Bring Misery – A Viewpoint Backed by Statistics Published by The Wall Street Journal – There Are Solutions

RealGDP Chart1 Original 300x217 The Policies of Obama Bring Misery   A Viewpoint Backed by Statistics Published by The Wall Street Journal   There Are SolutionsRe:  The Weak Economy From Recent Articles Published by The Wall Street Journal:

Looking at the results federal stimulus has failed. Read the full report in this article The Obama Economy: How trillions in fiscal and monetary stimulus produced a 1.6% recovery. In part it says

” In return for adding nearly $3 trillion in federal debt in two years, we still have 14.9 million unemployed”…”As for blaming the Republicans, with only 40 and then 41 Senators they couldn’t stop so much as a swinging door.”

In Another Article: Stephen Moore Writes: Obama’s Economy Hits His Voters Hardest Young people, single women and minorities have fared the worst during the past four years.

In that article Mr. Moore writes: …” real median household income “has fallen by 4.4 percent since the ‘economic recovery’ began in June 2009.”  He concludes saying “ The left seems to have forgotten that when fewer American businesses and workers are creating wealth in the first place, something else is spread instead: misery.”

The Actual Picture is Worse

Read this commentary by Wayne Allyn Root published on Fox News – Why we can kiss the US economy goodbye The statistics on the true composition of job growth and food stamps alone are nothing short of frightening.

Solutions

In a recent interview: Donald Trump discusses the importance of running our country from a position of strength and restoring the production of goods and services that have been shifted to China and other countries. For that to happen, the US must change economic policy and that is not going to happen unless the current administration is voted out or there is an economic collapse. Money News published this just two days ago “Billionaire Tells Americans to Prepare For ‘Financial Ruin’

For two years I interviewed George Ross once a month for an hour. George is Donald Trump’s Executive Vice President and Senior Adviser. He is an asture businessman and at 84 has more direct experience with the economy than most. George is an advocate of the strength of the United States. He is opposite gloom and doom thinking. What that means is he consistently focuses on solutions that are right in front of us. What we talked about the most on these calls was how entrepreneurs and small businesses can become more successful. Those conversations plus my own experience working with hundreds of business owners were instrumental in forming the road map for business success in my recently published book Building Business Profits Fast   The Policies of Obama Bring Misery   A Viewpoint Backed by Statistics Published by The Wall Street Journal   There Are Solutions

 

Exchange In Abundance- Complimentary Coaching Session.

Between now and the end of the Month I am opening up my lines for 10 complementary coaching sessions. I highly recommend you contact me now to book a time. When the 10 slots are gone, they are gone.  How to Proceed?  Simply Click Here for the instructions.

Strong Growth Will Overcome All The Economic Problems

Planning, organizing and promotion are at the core of strong business growth. That can be like saying go to the doctor if you have a serious medical condition. What is really needed is the right resource for what you are wanting to accomplish. Just yesterday I said to one of my clients that while I will give him ideas that will work in growing his business, the number one benefit he will experience is the continual expansion of his business resulting from following an proven path for profitable growth. Working together he cannot fail as long as he does his part. This is the principle of ‘Exchange In Abundance” What that means is that every person I work with gets far more than the investment in the coaching or consulting program. Unless the targeted income is far greater than the investment, I will not accept the client. Have I declined or stopped a coaching program because the value was not there? Actually twice – once because the business model was flawed in my opinion and anther time because the owner was viewing their business as a source of income and they really were not passionate about it.

Privately Held Companies Are The Solution To The US Economy’s Unemployment, Debt and No -Growth Problems!

The security for you and your family is your responsibility. If you are linking your financial stability to the government or employer you are placing yourself at great risk. Recently I attended a business building meeting where there were over 500 people in attendance.  I met many people who were already very successful and many others on their way to financial independence.  The most common attributes of the people in this group include: having been broke, the passion to do the work necessary to succeed and the selection of a company whose products everyone already wants.  Notice the word work in the formula.  There is one more thing in nearly every success story and that is leadership on following a simple system for delivering (outflow) valuable results.

“If It Is To Be – It Is Up To Me”  is a great quote just know you do not have to – “go it alone”.

The Two Step Formula For Success

1. My book “Building Business Profits Fast” is an easy to follow guide to achieving business success. This business building profits blueprint is for start-ups to mature companies.  Click Here To Order

2. Every successful business owner that I know works with a coach. Why is a coach important? A coach is independent of your day to day operation and with the right data in support of a clear plan for success is able to keep you on the business success track.  Call me (Steve Pohlit) at 727-587-7871  for a complementary session to see if we are a good match. If not I will help you find someone who is.

“If you follow the processes, you cannot fail!” Meir Ezra  Does this mean this is the only formula for achieving success and preventing Small Business Failure?  Actually, YES!

For Your Success,

Trump e1345082132859 The Policies of Obama Bring Misery   A Viewpoint Backed by Statistics Published by The Wall Street Journal   There Are Solutions

Steve Pohlit, International Business
Turnaround and Real Estate Investment Coach

Steve Pohlit, Managing Partner
Steve Pohlit International
Author of: Building Business Profits Fast
International Business Turnaround and Development Consulting
Real Estate Investment Consulting
Executive Coach

Click Here and Discover If Coaching or Consulting  Is The Right Answer For You 

Connect With Steve On:

Facebook

Linked in

727-587-7871

Comments On The WSJ August Retail Sales

The Headline Reads: Retailers Report Weak Sales For August (Click For The Story) Then highlight is:

“Industrywide, same-store sales fell for a 12th straight month — highlighting the woes retailers have been under as consumer spending continues to decline.”

Then there is discussion as to what will happen this holiday season as well as the impact of the clunker program. This is followed by reports of what key public companies in the retail industry reported. Remember there is a lot that is not reported. Also remember, economic recovery is driven by consumer spending and there is little evidence that is strengthening.

The point made that I commented on was that going forward the monthly same store comparisons will look better because you are comparing against increasingly weak numbers from last year as retailers tanked in the fall of 2008. Here is what I wrote:

The comparison may show less dramatic declines and even a greater number of positive percentages when current year sales are compared against months last year when retailers began to experience sharp declines. Those may be feel good metrics. However, the key is what are the volumes and margins that are planned in connection with an acceptable profit plan and how are actual revenue and profits doing against that?

Typically that information is a bit more difficult to extract. The well run retailers have a profit plan by location that is based on category proformas. The key is to be profitable at each location and in each category within that location. I still see very little advancement in the use of direct response marketing and social media marketing. Tools and technology that have been readily available and proven to work for quite some time.

There is a lot of the “same ol same ol” and that is not going to work in an economic climate likely to be very soft for quite awhile.

Steve Pohlit
http://newdigitalmediainc.com
http://stevepohlit.com

WSJ Reports Twitter Success Stories and Misses The Mark

The WSJ reports Moonfruit went from 400 followers to 47,000 followers in about a week using a contest that became popular and viral fast.  Other similar success stories were reported.  When you read this article Click Here  For The Story I suggest you consider the missing link. Now in all fairness the link may not be missing in the examples reported. However, this key success factor was not addressed in the article.

The Missing Link

Think of a funnel. This story is about using the incentive of a contest to reach out into the cloud of a very popular social media site which of course is Twitter. This strategy was very successful in that the number of followers increased rapidly. However, followers have no value unless they are people interested in your offer – the offer for products and services that earns you money.

Followers need to be converted to a contact data base where you have their name and email contact information.  That step is moving followers through the marketing funnel. Now that step can be bypassed if a follower goes directly to your offer and buys. At that point you also have their contact information.  Again the goal is to develop this contact data base so you can communicate with these people who have said they are interested in who you are and what you offer. That communication then is intended to further cement the relationship and when the person is ready they will buy. You have not idea when they will be ready so building the relationship is the key.

In the current environment there is an opportunity to move people from followers to a contact data base where you can message them and by pass the email system. That option is to move them into a group on Facebook. There is an inherent limitation to that in that Facebook limits group size for sending messages to 5,000 people. Many people are setting up fan pages which do not have the limitations of  a group. However, messages to fans currently are not sent to their Facebook inbox which is not as effective as groups.

My advice is to use the assets of social media with the goal of developing your own asset which is your customer list and prospect list.  Then there is one more thing: communicate with them.

Sharing with all my readers the energy of peace, happiness and abundance

Steve Pohlit, Expert Business Consulting

Email Me, Steve Pohlit to schedule A No Obligation Consultation On Building Your Business Profits.Need more customers? Let’s discuss how to use cutting edge Social Media Marketing in the revenue building cycle of your business to drive your profits sky high. If  your company is not growing revenue and profits,  if your company is not cash flow positive Click Here for more information about Turnaround Consulting Services for Business In Crisis

Follow Me and I Follow You http://Twitter.com/BuildProfits

FREE Report:
How To Increase Business Profits by 30% or More in 90 Days or Less

Connect with me on Facebook Click Here

About: Steve Pohlit is a CPA,MBA and has been the CFO of several major domestic and international companies.  Steve is business owner and an expert business consultant, direct response and social media marketing  and social networking security expert . Steve is  focused on helping companies improve their business performance. All articles published by Steve unless specifically restricted may be freely published with this resource information.

The WSJ Reports on Twitter and My Comment

My comments that follow relate to an article written by JULIA ANGWIN with the Wall Street Journal who discussed her experience and recommendation for Twitter:

I appreciate this article and Julia.

I recommend Twitter. In my business we set up every client with multiple Twitter accounts as an integral part of the marketing funnel. Twitter works because we use a “give value” model. This develops a relationship with our followers.

Several days ago I reached out to a lady who I have seen active on Twitter. She had posted a tweet about an upcoming event. I felt she might fit our client criteria and sent her a quick tweet. She immediately responded and a day later we had a conference call in place. At the start of the call we introduced ourselves and she said “OMG you guys are Manifest Mastermind. @mastermmind How cool is that! You’re the ones with the purple picture. I love your tweets. Thank you so much”

So that felt really good and offered us credibility for a related venture we were proposing. We are now in the final stages of a client agreement which will be very good for her as well as for us.

I didn’t see it mentioned by Julia or in the comments. Personally I would not be without Tweet Deck. It allows you to easily follow up to 10 people or niche markets at once. Awesome! Having said that, my number one tool is http://TwitPwr.com/TweetL

http://twitter.com/stevepohlit
http://twitter.com/manifestmmind

Sharing with all my readers the energy of peace, happiness and abundance

Steve Pohlit
The Profit Expert

Email Steve to schedule A No Obligation Consultation On Building Your Business Profits.  Let’s discuss how to use cutting edge Social Media Marketing, Internet Marketing and Direct Response Marketing in the revenue building cycle of your business to drive your profits sky high.

FREE Report:

How To Increase Business Profits by 30% or More in 90 Days or Less