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Lesson #1: Don't Follow the Crowd or the Market
“When there is a crisis, that’s when some are interested in getting out,” says Helu, “and that’s when we are interested in getting in.”

Other bargain deals Related Articles

RAISING VENTURE CAPITAL IN TOUGH TIMES
It’s no secret that it’s not as easy as it used to be to raise money for your business. Longer investment cycles, suppressed valuations, and limited opportunities to cash out of deals has made venture capitalists increasingly selective. As a result, many VCs look only at companies they know and have invested in before, rather than pursuing new deals.
Offshore Outsourcing - Better Read the Fine Print
Offshore outsourcing is not always the bargain it appears to be. There are hidden costs and dangers that could turn your cost saving into a devastating nightmare. Consider all the variables before you leap across the ocean.
Cycle City declares bankruptcy
A lot of bargain hunters were picking up deals. I noticed one of the owners behind the parts counter dispensing friendly advice to a customer. At least he didn't seem bitter about his failed business venture. While browsing about the store I heard at least one person comment on the bankruptcy that “it was a sign of the times.” I couldn't help but wonder what this bankruptcy might be really a sign of.
The Sales Force with Over Achievers Who Don't
I think that many CEO's are in denial. Despite the struggles of their sales force, they continue to look at the pipeline and say to themselves, we'll be okay as soon as these deals close. But the deals aren't closing and with each passing day companies are less okay then they were the day before.
When to say no to a deal. If you want grow say no!
Wait, before you say, "I did this really small job and it lead to a bigger one, so I never turn down a deal." If you want to think that way, it's OK, but if you want to get to the next level, you need to think differently. I have a very successful client in Hollywood that I work with, he hired me to help him make the jump to the elite level of 8 figure deals. I told him the same thing I'm telling you, say, "No to 80%." He was so challenged by this until I explained to him that the deals he was getting now were the ones turned down by the elite level 8 figure guys. If you want 8 figure deals you have think like an 8 figure guy and NOT take 6 figure deals.

NOT BUSINESS AS USUAL
Many salespeople are reporting that it is taking them twice as long to close a sale. They also agree that there are fewer deals and, therefore, the need for them to close the deals that are in the pipeline is more acute. Certainly customers will not buy without clear value justification and trust in you. But what else can you do to increase your chances that you, not your competitor, get the business that is out there?
Don't Share It, Delete It!
Why bother producing content in America? It will just end up in the bargain bin.
Joint Venture Equity
Since institutional equity providers prefer larger deals, developers looking for $3 million in equity, for example, have a hard time getting their attention. But if an organization has the capacity to do seven deals a year, for instance, then the amount of equity inches up in the aggregate of $20 million to $30 million over 12 months, and it hits the threshold where it makes sense.
Group Buying Sites- A Delight for Bargain-Hunters and Savvy Advertisers Alike
Getting a bargain and the sense of urgency that limited inventory and short-lived sales create is fundamental to consumerism. So, it’s easy to see why group buying sites that create a sense of urgency- by offering limited-time offers, like daily deals and flash sales, to a limited number of individuals- and deliver deep discounts for consumers, as well as a measurable, effective marketing strategy for advertisers, are wildly popular among bargain-hunters and enterprising business owners alike. In fact, according to Experian Hitwise, a global information services company, visits to a sample of group buying websites and aggregators increased 610% between August 2009 and August 2010. And a recent study by daily deal aggregator, Local Offer Network, projects that the U.S. group buying industry will expand by 138% in 2011 to $2.66 billion.

Learn the Value of a Solid Cash Buyers List
As a real estate mentor I encourage my new students to start building their lists long before I send them out writing offers, or even prospecting sellers. It is a matter of not “putting the cart before the horse.” I continue to hear of would-be wholesalers prospecting deals without having an adequate list of qualified buyers in their arsenals. You know what happens to these people? They end up having to leave their deals behind because they have no one to buy their contracts!
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