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Old 08-22-2008, 08:07 PM   #11 (permalink)
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Speaking of that house Kristine, isn't tomorrow the big day for you?
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Old 08-22-2008, 08:24 PM   #12 (permalink)
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Yup, tomorrow is moving day. I'm really ready to move. My apartment is a minefield of boxes right now. Plus it is really hot and humid here. My apartment is not air conditioned. The new house has A/C.
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Old 08-23-2008, 09:31 AM   #13 (permalink)
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cbs, i do agree that for a certain area of your business you need to throw out the consumer mentality, especially with things like marketing. However keeping it for some areas of your business can be a major positive. For example, my business being in IT can have some pretty tight margins sometimes. However i can usually act the consumer and go shopping around my wholesalers (all have online e-commerce sites), and once i have found the lowest price, i can still go to the sales people there and ask for the best price, or look for a quantity discount. Just the same as you may do when you walk into buy a fridge, as a consumer you ask for the best price.

So keeping the consumer mentality in business can be an advantage and disadvantage it all comes down to knowing when you need it and when you don't.
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Old 08-23-2008, 05:20 PM   #14 (permalink)
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Good catch on clarifying my point, Joel, thanks.
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Old 08-25-2008, 03:26 PM   #15 (permalink)
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Perhaps this will take us on a tangent... but why are your margins so low?

Maybe I'm going out on a limb here, but low margins say to me that you're trying to be the "low cost" providor. Why not be the High Value Providor? And turn a liveable profit on your venture?
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