Quote of the Day…
“In business you never get something for nothing, but with barter arrangements you come close enough.”
-Mark McCormack, Former President,(now deceased)
International Management Group
and best-selling author of the book,
What They Still Don’t Teach You At Harvard Business School.

Every dollar saved through your barter efforts can be dramatically magnified through these two simple steps. Future results and the accumulation of wealth come from the choices you make moment-to-moment.

1) Keep in mind that every dollar saved through barter can be magnified to your advantage. Consider your 30-year mortgage. A home loan is like a huge credit card, in that lenders want you to make the minimum payment on the loan every month to keep the interest amount high.


Outfox them by paying more whenever you can. (Use the cash you saved through a recent trade you’ve made.) At current rates, a paltry $10 added to every monthly payment saves you over $8,000 in interest during the course of the loan. Make an added $100 or $500 a month and you can easily see the advantages of this rather simple strategy.

2) Are you able to take a 2% discount when you pay invoices within ten days? If so, every time you take advantage of such an offer you’re essentially earning 36% on your money. Where else can you obtain such safe and above average cash yields?

Concentrate on your barter efforts, increase your cash flow and use those dollars in one or both of the examples above to dramatically magnify your money!

Wouldn’t it be great to know dozens of trading techniques to build your wealth?
BARTER

This entry was posted on Tuesday, March 25th, 2008 at 1:20 pm and is filed under Entrepreneurs & Small Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.