How to Prosper Because of Your Competition

Written by Bill Dueease

Continued from page 1

•Your competitors will frequently teach you new ways to reach your business goals. You will want to execute very profitable programs that follow similar, if not identical, programs previously instituted successfully by competitors. Doesrepparttar term "re-engineering" sound familiar? Japanese automakers dissected American and European cars then tookrepparttar 149282 best features and combined them into very desirable products that filled many needsrepparttar 149283 other automakers failed to provide.

•Your competitors will frequently supply some of your greatest business opportunities. They may choose to ignore your potential customers or interact offensively with them, or they may be incapable of providingrepparttar 149284 benefits that your customers want.

•Competitors will frequently open up markets that did not exist before, allowing you and your business to move in and prosper. Sound silly? Look how fast food restaurants feed off of each other by congregating in certain areas, making it very easy for customers to pick from a number of choices. Phase 3: Position your business to provide a desirable comparison. Establish your business so that it will be much more desirable to your target customers, when they compare you to your competitors. Userepparttar 149285 knowledge gained inrepparttar 149286 above steps to create a comparative edge in as many ways as possible. Encourage your customers to compare, especially inrepparttar 149287 areas where you haverepparttar 149288 favorable edge. This allows them to make a confident decision to buy from your business because you appear to be better for them than your competitors. There are examples all around you of business owners thriving because of their competition. One couple, for example, started a cleaning business inrepparttar 149289 face of an overabundance of competitors and greatly prospered, even with higher prices. They succeeded because they wererepparttar 149290 only business to quickly answerrepparttar 149291 phone with a live friendly person to immediately tend to customer requests. Their competition actually drove excellent customers to them.

In another case, a development group created an extremely profitable new ski resort by concentrating on providing warm, courteous and ever-increasing benefits to their skiers. The existing ski areas considered themselvesrepparttar 149292 "only game in town" and were more focused on treating their directors as semi-royalty, while they virtually ignored their paying customers. The developers ofrepparttar 149293 new resort feasted onrepparttar 149294 monopolyrepparttar 149295 others thought they had.

By using your competition and what you learn from them, you too can prosper because of your competition.

Provided as an educational service by Bill Dueease of The Coach Connection, where “connecting great people with great coaches” is their goal. You may receive a free copy of the article “10 Insider Secrets Most Business Owners Never Learn” by contacting The Coach Connection at 800-887-7214 or 239-415-1777 or, or at

Corporate Shells

Written by Joseph Quinones

Continued from page 1

Don’t get me wrong there are many honest and well meaning consultants and shell vendors who establishedrepparttar shells forrepparttar 149281 sole purpose of creating a vehicle for private companies to go public, Just like you haverepparttar 149282 unscrupulous characters that appear every time there is an opportunity to make money, you also have honest enterprising individual who see an opportunity and take advantage of it.

Oncerepparttar 149283 operating company purchasesrepparttar 149284 corporate shell and merges into it,repparttar 149285 owner ofrepparttar 149286 private company receives a majority ofrepparttar 149287 shell corporation stock (usually 90-95% ) through a new issue of stock forrepparttar 149288 private enterprise.

The public corporation will normally change its name torepparttar 149289 private company’s name and elect a new Board of Directors which will appoint repparttar 149290 officers ofrepparttar 149291 company. The public corporation will usually have a base of shareholders sufficient to meetrepparttar 149292 requirements for listing onrepparttar 149293 Nasdaq Small Cap Market of Nasdaq Bulletin Board. Although some shell have as few as 35-50 shareholders and are currently listed on Bulletin Board orrepparttar 149294 NQB pink sheets.

At our company we don’t have an inventory of shells nor do we recommend a single vendor, instead we recommend several and afterrepparttar 149295 private company selects a vendor we approachrepparttar 149296 process as if we were buyingrepparttar 149297 shell for ourselves.

For more information please visit our website:

Joseph D. Quinones, President of Genesis Corporate Advisors has spent over 25 years in the securities industry. In 1992 he founded JDQ Financial Group, Inc. and proceeded to build it up from a one man operation to the point where it employed many traders, advised numerous client and generate millions in revenues.

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