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GCC #2: Blockbuster is a Bust
Posted by: Patty Gale on March 1, 2010
Filed Under Greeting Card Connections | Comments
There’s trouble ahead for Blockbuster video stores.
- Blockbuster lost $435 million in the 4th quarter of 2009, usually its best quarter.
- In Sept. 2009, the company announced it was closing 960 under-performing stores… the ONLY video store in my town was one of them.
- Blockbuster’s main competitor, Hollywood Video, filed for Chapter 11 protection in February 2010.
In a nutshell? Nine years ago, nobody heard of Netflix and now they are leading the way in the change of the video rental industry.
Netflix and Greeting Cards…Different, Yet the Same
Five years ago, nobody heard of Send Out Cards. Send Out Cards is to the greeting card industry as Netflix is to the video rental industry.
Why Benchmarks are Better
Posted by: Patty Gale on February 26, 2010
Filed Under Network Marketing | Comments
Before we talk about why benchmarks are better, it’s important to understand what a benchmark is.
Everybody talks about goals and goals are important to your success, right? If you don’t set a goal, you don’t know where you’re going.
However, what happens when you don’t reach that particular goal?
Does it have an impact or consequence? Or, do you just say, ‘Well, I’ll just try harder next time?’
It’s Like a Marathon
For example, if I decide to train for a marathon, I know that I absolutely have to run a certain number of miles each day if I want to be able to run the full 26 miles on race day.
Your Great Escape: Don’t Skip This Part!
Posted by: Patty Gale on February 24, 2010
Filed Under Network Marketing | Comments
One of the biggest mistakes a lot of people make is not saving enough money FIRST before quitting their job.
I know in this economy, a lot of people have lost their jobs, but I’m not referring to them. I am referring to people who get so excited about their brand new venture, (and believe me, I know, I was that excited, too!) that they give their boss their 2 weeks notice without seriously thinking about the financial ramifications of leaving their job too early.
First, let’s get clear on one thing. You are starting a business. There are start-up costs and ongoing costs, just like in ANY business. While some may have more than others, you need to financially prepare for your business as it will take time before you are generating revenue or a profit.
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