Harnessing the Power of Attention to Shift Your Financial Programming

Courtesy of Praxis Now

“The subconscious mind is more powerful than we think, and it can either limit or empower financial success.”  

So the question is, what are you focusing on most of the time? What is your chief aim, your magnificent obsession? What financial or business vision is so powerful and inspiring in your life that it continually attracts your heart-felt, invigorating, purposeful attention toward it for most of the day, every single day? If you have no such energizing vision that consistently governs your focus, attention and thoughts, you will be at the mercy of your habitual thoughts and limiting belief patterns.

To change your financial programming, you must: Continue reading

Essential Debt Collecting Skills – Negotiating

Observing a Master Negotiator at work … is an ‘Art Form’.   But, did you realise YOU could EASILY become one yourself? 

NEGOTIATION is an essential skill in our everyday interactions. We daily use it in all areas of our life without even realising it.  Some people are naturally better negotiators than most.  But negotiation is a skill that all of us can learn to master if we put an effort into it.

Becoming a master negotiator will help everyone generally in life, but especially in business.

The role of effective negotiation cannot be underestimated in the debt collection. Debt collecting requires you to become a master negotiator and master the skill of finding a win-win situation that would make your client happy to pay you, and to pay you as soon as possible. Continue reading

Easy Personal Debt Management Tips

‘Do not wait; the time will never be ‘just right.’ Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along.’ – Napoleon Hill

There is no better time to crash change your financial philosophy and habits, than when you are already in debt.  For some reason, a real crisis is the best push to motivate us to change our old ways and habits to avoid the same pain.

Continue reading

Debt Collections – How To Get Customers To Pay up (Part 2)

“Customer service is not a department, it’s an attitude!” – Unknown

This is the 2nd part of the article, read our first blog post as an introduction…

A good debt collector knows that the “Carrot and Stick” approach also works with customers.  So, how does this technique work in debt collecting?

The previous post was about the “Carrot”.

Now, the “Stick”: Continue reading

Debt Collection – How to Get Customers to Pay Up (Part 1)

“Being on par in terms of price and quality only gets you into the game.  Service wins the game.’ – Tony  Alessandra 

If you want to make things happen the ability to motivate yourself and others is a crucial skill. Smart businesses use motivation to get results in their debt collecting. Motivation requires a delicate balance of communication, policy and incentives.

At the same time, if you want your customers to pay up consistently and on time, you have to have the ability and techniques to make them want to avoid the negative consequences if they do not pay debt on time. Continue reading

Debt Collecting – Secrets of Successful In House Collecting Reviled

Facing Bad Debt In Your Business? Problems collecting your bad debt – Fast & Easy way to collect it Now! Collecting Your Own Bad Debt Is Possible… Learn inside knowledge to To Stop Bad Debt!

debt collecting

“A COMPLETE Step-by-Step GUIDE To SUCCESSFUL In House Debt Collection!” is an e-book aimed at every business owner who extends credit terms, accepts cheques, and has money owed to them from slow-paying and non-paying customers. Since every business owner experiences delinquencies, non-payment and bad debt at some point, this means that every business can benefit from this great pool of inside secrets in debt collecting. An absolute MUST for everyone with a running business, even if their receivables are not in trouble.  This book is packed with insights and great tips on how to improve your collection system.

In Need of Inspiration? – Don’t Quit!

“Being defeated is often a temporary condition. Giving up is what makes it permanent” –  Marilyn vos Savant

We all live in a world full of constant motion and change, packed with never ending business and personal challenges.  There is little or no time available to focus on the good around us, as we mostly focus on our challenges. The all other things we have we take for granted.  I find this video inspirational – it can refresh our spirit and boost the emotional bank account.  Enjoy it!

Video courtesy of Anthony Fernando

‘Whenever you make a mistake or get knocked down by life, don’t look back at it too long. Mistakes are life’s way of teaching you. Your capacity for occasional blunders is inseparable from your capacity to reach your goals. No one wins them all, and your failures, when they happen, are just part of your growth. Shake off your blunders. How will you know your limits without an occasional failure? Never quit. Your turn will come.’ – Og Mandino

Q & A: How to Organise an Effective Debt Repayment Plan?

At some point, most businesses will come to the stage in debt collecting that a debt could be collected only by accepting installment payments.

If you are serious about collecting your debt, you need to re-negotiate the payment agreement and set up a valid debt repayment plan.

Many people asked me about the essentials of a good debt repayment plan. Continue reading

Debt Management: Debt Settlement a SCAM?

Have a look at this interesting video about how to get out of debt.  In this case it is Credit Card Debt, but the same kind of dilemma is involved in any other kind of financial debt out there.

httpv://www.youtube.com/watch?v=jS43XFa3KGU

Suze Orman is a well known and highly respected financial advisor.  She knows MONEY.

In this video she is talking about getting you a financial first aid!  When you get yourself in a situation of financial exhaustion, the first step is to get some oxygen (some breathing time given by debt specialists / agencies).

Getting debt agencies or other 3rd party financial specialists to help you is your first aid ONLY ! Continue reading

Don’t Fear the Customer

Don’t Fear the Customer

Posted on April 4, 2011 by Michelle Dunn

“Some business owners have had their business for months or even years and when I give talks about credit policies, credit limits, and credit applications, they say, “I never did any of that and I have so many customers that owe me money and are past due.”  Many think it is too late to do anything about it, or they are afraid to ask a customer for the money or ask them to fill out a credit application.  They think they will make the customer mad and lose the business.  If the customer is past due or not paying you, why do you worry about alienating them?  This is a customer you do not need.  If someone is not paying you, they are not helping you.  Wouldn’t you rather have a customer that pays you? Stop working for free.

If you have customers that owe you money right now, today, you can and should do something about it.  Add up how much money is past due or is not being paid, the dollar amount will shock you.  Now is the time to take action!” Continue reading