EMPRESS OF BIZ! Listen! Learn! Prosper! - SAVING MONEY 20,000 Pennies Can't Be Wrong

EMPRESS OF BIZ! Listen! Learn! Prosper! - Live & Recorded Episodes:

   

SAVING MONEY!  20,000 PENNIES Can't BE Wrong!

Recently the host of the  Empress of biz has been her yearly quest to cut expenses...and this year we have hit the jackpot!. We will be sharing our 10 ways or so to save money...remember as Ben Franklin use to say...a penny saved is a penny earned! Well we have save 20,000 pennies a month! Listen, Learn &; Prosper with the Empress of Biz aka JoAnn R. Forrester.

EmpressofBiz, Biz Tips Money? Who is the Boss? IMPULSE...OR...

 MONEY.....

                     WHO IS THE BOSS? 

IMPULSE...OR....

Empress of Biz, Biz Tips: Money? Who is the boss?  Are you Impulsive?  You see it ...you gotta have it? Whether is it that new flavor of Starbucks Coffee or that bright new shiny red truck...if you want it...you have to have it.  Are you always running on empty because you broke your budget? Or are you saying .... budget?  What the ****is that?

What about your long range goals? Do you have them? Savings? Good credit? Bad Credit?  We all have a relationship with money....some of us  are DISASTROUS, a few of us  are really FRUGAL  and know where very penny goes... and then there is the rest of us.  We muddle along...buying lots of stuff, juggling funds, paying our bills and still trying to save something...but not enough to get us through a real difficult patch. 

 Often we feel conflicted about how we spend money...and may get into some pretty heated discussions with spouse, partner, friends and family about money and how we think people should spend it or manage it.  

 When I work with my client and their problems with money in their business, I hear lots of stories, excuses, and justification for how they make their decisions on money and their bill paying and buying habits.   Like the recent decision of a client of mine who needed an additional truck for his business

 His choice:

 1. Buy the brightest RED shiny one with all the bells, whistles and gadgets.  Or  ..

 2. Buy the used truck, in good condition with a good warranty which would do the  job and save him $400 a month in payments.

No need to guess...we know which one he picked.

I often found myself wondering why we do what we do with money.  Often I am the one that has to work with the client to solve the money problem and justify to the banker what has happened.  And that is NOT always easy.

  

Well, who can we blame this problem on?  Aha! We can point the finger to our parents and how they handled money? Or...we can we blame it on our educational system for not teaching us enough about money.  Or what about the  government...it has to be their fault...they certainly don't know how to handle money.

 But wait...I have finally found the answer that makes sense!   It's our BRAIN'S  fault.  Recently I listened to an insightful discussion by Jean Chatsky on money and how our BRAIN sees money and plans to spend it.  One part, "the OLD Brain" is wired for survival and instant gratification.  Hungry we eat...cold we seek shelter, thirsty we drink water, etc.  The other part...the NEW Brain the "thinking part.. is the one that seeks to solve problems and likes projects and long range goals.  This  "thinking" part is often over ruled by the impulsive part and we end up making decisions that run from ok to mediocre to that  was terrible and what the hell was I thinking.  

So now what do we do? Continue our old patterns and just add the excuse it was brain that made us do it? Or do we learn how to manage our impulses and train ourselves to be good thinkers and managers of  money. Of course the decision is up to you. But the choice is obvious to me...do I let my impulsive Old Brain run the show and or do I let the New Brain be the boss.   I know which one I choose.  What about You?

S. I. Business Associates (SIBA)has been guiding small business to success since 1975.  Jo Ann Forrester, President is a business growth specialists and partner in several business including S I Business Associates, Price it Perfect Ô and Celebrate & Share. She and her staff specialize in helping small business grow.  They have raised $40 million dollars in business loans and investment for clients over the years.  If you are ready to start, grow or build a successful company give SIBA a call.

Co     Information compiled by Jo Ann R. Forrester of SI Business Associates.  Copyright 2014

Call 412-440-6969

EMPRESS OF BIZ! Listen! Learn! Prosper! - Best Practices for Non-profit with Attorney Norma Caquatto

EMPRESS OF BIZ! Listen! Learn! Prosper! - Live & Recorded Episodes:

The Lawyer Edition of the Empress of Biz. with Attorney Norma Caquatto. This is one of our most popular guest, Attorney Norma Caquatto is back sharing her wealth of knowledge on non-profit law. What are the plusses and minuses of non--profit status. How to start your organization right...Make sure you avoid conflict of interest...avoid penalties. What can you do and not. Picking the right board members. Do it right and avoid losing your non-profit status. Listen in and receive expert legal advice from, Attorney Norma Caquatto, who has specialized in the needs for small business and non-profits corporations. Knowing the right structure for your business is critical for your success. Tune in Listen, Learn and Prosper with the Empress of Biz and attorney Norma Caquatto.

NAWBO Newsmakers -Alice Williams Director of WEEE

NAWBO Newsmakers - Live & Recorded Episodes:

NAWBO NEWSMAKERS .  Updates, news, sources and information that business women need to know.  Today's guest, Alice Williams, founder and director of WEEE.   WEEE is  an incubator, workspace  and training center for women who seek to own their own business. Alice Williams is an amazing women who had a vision, dedicated herself to the vision. worked incredibly hard and preserved and made her vision come true.  Listen and be inspired.

Today at four pm.  If you cannot listen today...you can always listen later.  Hear our stories and be inspired of what women can do.!

Host:  JoAnn R. Forrester, Empress of Biz, Listen, Learn Prosper!

Donna Baxter, of Soul Pitt Media, President of the Greater Pittsburgh Chapter.

Poverty stalks Women New report says millions of women at risk of falling into poverty, economic ruin

New report says millions of women at risk of falling into poverty, economic ruin  and the War on women continues

Women make up close to two-thirds of minimum-wage workers in the country — and upwards of 70 percent of those low-wage workers receive no paid sick days whatsoever, according to the report. 

“These are people who are trying to survive on minimum wage, which is not a living wage,” Shriver said on NBC’s Meet the Press Sunday. “The number one thing that would make the most difference to them is getting sick days,” she added.

All the while, some 40 percent of all American households with children below the age of 18 include mothers who are either the only or primary source of income — with the average earnings of full-time female workers still just 77 percent of the average earnings of their male colleagues, the report reads.

As a nation we say one thing...motherhood and children are our future....and yet our treatment and laws allow poverty to continue to stalk women.   Our  future is doomed if we continue to allow this downward spiral to continue. 

EmpressofBiz, Biz Tip What do you want? Job? Career? Business?

What do want?

 What is it that you want in life? A job? A career? A profession? Or a business? Only you know the answer. Each one requires a set of skills, attitude, preparation,  and dedication with its own set of rewards, risks, trade offs  and challenges.

To me...a job is something you do to bring in money.  It is something you tolerate so you can pay the bills and get on with your life.  Done that...hated it.

  A career is where you have found something that you are invested in and are goal oriented.  Usually it is doing it for someone else and being tied into their goals and expectations ...done that...and did not like it.  

A profession usually means you have spent a lot of time and dollars  being educated to do something hopefully will bring you money, respect and prestige i.e  Doctor, Lawyer, Dentist, Engineer or Indian Chief.  That was not a track I chose to follow.  

For me... I chose to be in business.  It is  the most challenging, rewarding and risky.  Yet I love it and would not do anything different.  When I was growing up "girls did not plan to go into business".  They got a secretary job with a big corporation which would provide safety and security.   

So when I went into business it was totally unacceptable.  It took my family 15 years to even acknowledge that I had a business.  There were of challenges to overcome...which I did.  And yes, there were times when  it was  quite daunting, harrowing and lonely....but thirtyfive years later I am still here..and still loving it.  

If you decide to jump into the entrepreneurial pool  there is  a number of thing you need to succeed besides a great idea.  You need a vision,  money, a business plan, a buying public, a willingness to work harder than you ever had, technical and people skills and plenty of courage, patience and dedication.  

And one other important thing...is Friends to support you and listen to you.  You cannot accomplish this without a support system.  Sometimes your family will be...sometimes they will not.  Make sure in your "business plan" you build your support team...it will be one of your most valuable assets.

And a special thank you to all of you  who have been my friends along the way.

EmpressofBiz, Biz Tips: Empressofbiz, Biz Tips. Awards bring Respect, Recognition & FREE Publicity.

AWARDS...BRING RESPECT, RECOGNITION
   FREE PUBLICITY!

Blue Ribbon Award Winning Writing Tips
JoAnn R. Forrester

            Awards are an excellent way to position a client, business associate or oneself for Respect, Recognition and FREE publicity.  The publicity received is often worth hundreds of thousands of dollar$.  The following tips will give you an overview of writing a nomination that will stand out and shout, “Pick me.”

1. Preparation:  Knowing the RIGHT steps to take, people to nominate and what awards to nominate your nominee for saves time, frustration and losing  submission.

2. READ, know and follow the guidelines exactly for the nomination.    If you have questions… ASK the organization sponsoring the award.

3.  Nominee’s Permission:  It is essential  to ask the intended honoree’s  permission to nominate him or her for an award.    Explain the award and let the nominee know up front  if financial data is required. Some nominees are uncomfortable with disclosing financial information and will elect not to continue.

4.    Supporting material: If there are supporting documents required, start gathering them immediately.   The supporting documents and letters can be referenced in the nomination write-up to illustrate strong points of the candidate.

       5.    Writing:  Give yourself plenty of time to write.  Figure at least 10 hours for each            nomination.  This covers research, interviewing, verifying material and writing. List each criteria and answer that only.   Use short and brief sentences with strong follow-up points.  Long sentences and narratives are boring. The committee soon gets tired of reading and will start to skim over material and you will lose points..

6.      Editing. Have the nominee  review and verify what  you have written.  If you are unsure of a fact, do not use it.   If it states no more than 5 pages, stick to that!

7.      Submission: Make sure All information requested is enclosed. Do not guess on postage if mailing.  Get proof of mailing or delivery verification of nomination.  Make sure you have the name of the person who received it.

8.    Congratulate Yourself.  You did it! Pat yourself on the back! You deserve it and when your nominee wins…it will be a great time for all.

 The author of this article, JoAnn Forrester, of S. I. Business Associates, is an award winning business consultant, teacher, lecturer and writer.  JoAnn has written over 300 award winning profiles for her clients, including the U.S. Small Business Administration National Small Business Journalist of the Year, U.S Small Business Administration National Small Business Person of the Year Award, YWCA Racial Justice Award, YWCA Tribute to Women, SBA Minority Business Advocate, Athena Awards, Stevie Awards and the PA Best 50 Award. If you do not want to write your nomination she does.  JoAnn can be reached at 412-440-6969 or selfimagebz@aol.com. or empressofbiz@gmail.com