I think I heard Zig Ziglar say that the sales profession is full time job security if you are good and you are with the right company no matter which end of the economy you are on.  If you are making your numbers and your company can’t do it with out you you are safe, and if your’re not safe, you’ll easily be employed somewhere else.

Mastering the skill of sales is transferrable as they say in the Forbes article, but having a network to draw from is probably just as important.  I’ve been surprised to learn how small the world is, people know other people so easily these days.Salespeople are often the first to get whacked when the economy goes south.

But here’s some good news for busted Wall Streeters–and any other commission chasers laid low by the latest economic crisis: Salesmanship is a transferable skill.

If you can sell stocks, bonds and financial derivatives, you can sell real estate, technology, autos and tooth brushes. That’s because the fundamental tools are the same.

Salespeople know how to frame a discussion. They know how to ask the right questions and, with a little discipline, shut up and listen to the answers. They can relate to people. And they have the courage to ask for business and try new things.

So what happens if–and when–you lose your job? First, you go have a martini and a big steak dinner. Then you look for a growing market to attack.

 

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For Entrepreneurs: How To Sell In Tough Economic Times

In this article in the Colorado Independant Jeff Bridges discusses the possibility of deregulation in the healthcare space.  It seems as if McCain really does not know what to do in these cases.  His intentions are good but his execution is off.

I spent a few months in the workers compensation industry and I can tell you a fact.  There is no incentive for insurers, companies, government, state agencies to lower the cost of workers compensation claims, cost of health care or disability claims.  The system is set up to have people abuse the system and charge outrageous rates.  The actual cost of actual healthcare is very small to the overall expenditure and final bill.  So if the government gets involved in state run healthcare expect a mess.  They have clearly demonstrated that they can’t manage a war, Wall St or regulation on mortgages.  Expect more of the same.

Barack Obama’s campaign talked up a new TV spot about health care today, and it’s a good one. The ad quotes a new article where John McCain says he’d like to deregulate health care “as we have done over the last decade with banking.” Huh?! I assume the magazine had already gone to print when the banking industry came crashing down around us, but this quote could kill McCain — and numerous Americans, too, should he ever get his way.

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Love the Wall Street bailout? Try McCain on health insurance deregulation

I saw this posted in the Wall Street Journal.  These days I’m not sure who to believe.

A survey earlier this month of 1,062 business owners with 100 or fewer employees conducted by payroll administrator SurePayroll found that 64% of businesses planning to vote for either Sen. McCain or Democrat Barack Obama are leaning toward Sen. McCain, while the remaining 36% plan to vote for Sen. Obama.

Obama_McCainA big reason many are voting for McCain, the survey found, is that respondents feel the Republican party has more favorable policies and solutions for small businesses than the Democrats.

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Continued here:
Survey: Who is the more small business friendly candidate?

Raising Taxes on “Top 5%” Would Punish Small Employers and Ordinary American Workers

What do you think about this?  I mean there is such a difference beteween the Republicans and the Democrats does anyone really know what is right?  What I think they should do is “test” a state like California and tax the highest income earners, however that would not be Constitutional, I don’t think.  The problem with this all or nothing tax on the rich is that it is just that all or nothing, and we don’t live in an all or nothing world.

The problem I (Jim Peake) see with the economy is that there is no integrity.  The probem with the 2 major candidates is that the same old boy network is running both campaigns.  The problem I see is we are about to re-elect another Democrat or a Republican and WE ARE EXPECTING A DIFFERENT RESULT?  Isn’t it time the small businesses banded together and threw some weight around?

Despite the slowing economy, Senator Barack Obama admits that he will raise taxes if elected President. But, he assures us, only on the top 5% of income earners in America.

There’s one problem with that – most taxpayers filing as individuals in the top income brackets are actually small businesses, which create most new jobs in America.

At first glance, many ordinary Americans struggling to make ends meet and put food on their tables might set aside their traditional opposition to higher taxes, and welcome tax increases for those who can presumably afford it. This is especially true during an economic slowdown, and as news continues to arrive regarding irresponsible corporate executives driving companies such as Lehman Brothers or Bear Stearns into the ground.

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Obama?s Tax Plan Punishes Small Business and The American Worker?

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In this interview with Dr. Ivan Misner worlds #1 networker.  Have you ever heard of BNI?  (Business Networking International).  BNI is the Facebook and MySpace of Business networking, as a matter of fact they have over 5,000 business networking meetings per week

I knew that once I landed the interview with the world’s #1 networker Dr. Ivan Misner I felt that he might be able to share some real tidbits for success and he does not disappoint. He is a passionate man about networking and about helping people. We covered a lot of ground in this interview including Dr. Misners’ new book The 29% Solution which can also be found at 29percentsolution.com. He will teach you a 52 week networking strategy in the book.

What I really enjoyed about meeting Ivan is his authenticity and his willingness to share and not hold anything back. He felt like a long lost friend sharing intimate details and keys to success including his meetings with Sir. Richard Branson and he shares the tips that Branson taught him. He goes into detail on how Branson treats everyone with respect no matter their background or income. Misner also talks about his experience in visiting Branson’s Space Port in the Mohave.

Most full time college professors who teach business have never been in business, unlike professors of medicine who are actual doctors who teach medicine, same is true for law professors who are real lawyers, but not so for business professors. This information is coming from a “professor,” Dr. Misner. The point here is that networking is not taught in schools but it is taught by Misner and BNI.

“Success is the uncommon application and commitment of common knowledge,” says Misner. We all know what it takes to be successful, passion, vision, hard work, luck etc, but we have to apply the uncommon application in order to be a success.

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The rest is here:
Interview Dr. Ivan Misner Business Networking International (BNI)

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Robert Kiyosaki - Robert T. Kiyosaki, best-selling author of the "Rich Dad" series, and former Marine gunship pilot during the Vietnam War, is an investor, entrepreneur, educator and New York Times best-selling author. His financial education book series Rich Dad Poor Dad has been translated to over 100 languages and sold more than 26 million copies world wide. He also created the educational board game Cashflow 101 to teach individuals the financial and investment strategies that his rich dad spent years teaching him. Robert Kiyosaki's perspectives on money and investing are different from traditional teaching. The old beliefs of getting a good job, working hard, saving money, getting out of debt, and investing for the long term are obsolete in today's world. Robert Kiyosaki's teachings focus on generating passive income through investment opportunities, such as real estate and businesses, with the ultimate goal of being able to support oneself by such investments alone. Some of Robert Kiyosaki's bestselling books: Rich Dad Poor Dad, Cashflow Quadrants, The Conspiracy Of The Rich.