June 10, 2014
by Bob Meyer, Editor of BarterNews
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Scrappy Entrepreneurs Seek Capital
Wherever It Can Be Found!
A few years ago a prominent New Jersey
research firm issued a paper by David P. Goldman, which took an
ambitious new look at the economics of entrepreneurship. Right up
front he pointed out one failure of conventional economic analysis —
that of addressing the real world in which business people live.
According to Goldman, conventional economics diminishes the
role of risk-taking entrepreneurs who are the key to creating
economic growth, betting that their innovative idea or product will
yield outside gains. In the language of conventional economics,
these entrepreneurs are willing to accept the "uninsurable risk"
that makes the established securities (stock markets) skittish.
Goldman concluded in his paper that mainstream economists put too
much emphasis on the role of savings in their policy prescriptions.
Savings are important to the relatively established companies that
draw on organized capital markets, he argues, but scrappy
entrepreneurs seek out capital wherever it can be found.
Some entrepreneurs, for example, use barter effectively in the form
of trade credits extended by suppliers, or by persuading key
employees to take uncertain equity stakes in lieu of salary. Yet
others finance their start-ups by mortgaging their homes. In all of
these endeavors they are drawing on untapped sources of capital.
Reinforcing Goldman's thinking is the fact that the commercial
barter industry continues to grow and prosper — largely
because of these scrappy entrepreneurs — with
billions-of-dollars in products and services traded worldwide
BarterNews.com — World's Largest
Hundreds of valuable articles,
techniques, and strategies are found in the following various barter
Offset & Countertrade,
Restaurant & Entertainment
Categories are found on the horizontal bar at the top - 3rd
button from right.)
How To Deal With Meeting Killers
When it's time for a meeting, most companies have them:
co-workers that hijack discussions, wander off topic, send texts,
disrupt decision-making or behave in other dysfunctional ways.
The five most common disrupters come under these categories:
Crime: greatly overestimates value
of his/her personal views
Modus operandi: disrupts discussion and
induces information overkill
Level: first degree nuisance
The Quiet Plotter
Modus operandi: remains quiet
at meetings, later undermines bosses and decisions
Modus operandi: waits until consensus is
almost reached and retails meeting with major objections
first degree nuisance
inflicts death by boredom
Modus operandi: takes discussions to
far-away places so people forget why they're there
assault with a deadly punchline
Modus operandi: cracks jokes
(appropriate or not) and awaits response from others
Meetings are supposed to be a time of
creative problem-solving, where the best ideas emerge. Yet even some
of the best managers have a difficult time running them.
The following advice from executives, meeting planners and trainers,
for accomplishing productive meetings that'll get more done include:
- Limit the number of meetings scheduled.
Set a clear
- Impose a "no device" rule or schedule periodic tech breaks
for e-mail, texts and phone calls.
- Redirect people back to the agenda when they ramble or
- Draw out quiet people by asking them in advance for a
- Do a "round robin" when appropriate, to allow everyone to
- Ask early for objections to keep them from derailing
- Limit the length of slide presentations.
who talk too long or talk to each other.
- Set an ending time for the meeting and stick to it.
Money-Making Reports Available From BarterNews
Is Your Trade Exchange Missing Out On
Valuable New Business?
your barter company's listing on BarterNews.com isn't current, you
are definitely missing out on new business. The web site
BarterNews.com receives heavy traffic — with over 150,000 page-views
every month. Entrepreneurs and corporate executives check the
thousands of articles, the weekly "Tuesday
Report," and the "Contacts
Section" of our site. They use the latter to find barter
companies with which to do business.
Is your barter company's listing up-to-date?
To keep your listing current is very easy. See the links below to (A)
update any changes to your company's listing, such as new location,
phone number, web site or other information, and (B) if your company
has not been listed.
Here's how to get on board:
make changes to your listing
How To Get More Sales In
Our street-smart restaurant
marketing report shows proven ways to rapidly boost your
restaurant's sales & profits.
Your Company Headed?
Any time is a good time to look back over the past several months
(or year) to review and analyze what you did right. Or what you
missed out on. However, it's also energizing as well as necessary to
look into the future.
If you believe that markets and
margins will be the same in five years as they are now, you are
likely placing your company in jeopardy. Because no business or
industry can escape the rapid change we see all around us.
So take a moment and consider the following questions.
- Which customers will you serve in the future?
- What channels will you use to reach those future customers?
- Who will your competitors be in the months and years
- What will be your future competitive advantage?
- What skills or capabilities will make you unique in the
- Where will your future margins come from?
- What will the new trends be in the future?
Although spotting future trends can be tricky, here are several
suggestions to help you.
- Read classified advertising and observe which firms are
hiring and what kinds of jobs are in short supply.
- Where are the long lines? Back orders?
- What are people reading? What are the best-selling books,
magazines and newspapers?
- Where are the shortages?
- Follow the financial pages. Look for common stocks selling
at higher than average price-earnings multiples.
- What are the comic strips saying?
- Where and what are the most popular seminars?
- Who's losing...having going-out-of- business sales and
- Check vehicle registrations for types, prices, etc.
- Study display advertising.
- Watch crime statistics.
- Look at mail order catalogs.
- Visit trade shows and read trade magazines. Visit shows
outside your industry
- Travel. Watch and listen.
You can add a dozen other indicators that are unique to your
field. But you need to keep the blinders off, in order to stay in
touch with the big picture.
The Growth and Use of Secondary
Capital (New Money) Creates Unprecedented Wealth In Today's New Age
There are many forms of secondary
capital — which can be defined as any financial instrument that
measures and communicates value in a common language. Would you like
to see and learn more about the many forms of secondary capital?
We have 70 free, informative and
inspiring, articles for you in our "Secondary Capital Section."
Check it out...
Get New Money-Making Ideas And
obtain useful, informative ideas and contacts in every available
back-issue of BarterNews.
barter company in the world is listed on our web site,
click through to our Global List
of Barter Companies.
We welcome your
comments, questions, and observations.
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content expressly prohibited without the prior written permission of BarterNews.