Abdelrhman Hamdy

1. You Buy Extended Warranties I’ve worked at a variety of retail stores, and they all require every employee to push the extended warranty. They do this because it’s a sale where you’re giving them money for a product they don’t have to stock. They gain free money, because the odds of you actually using that warranty are slim. If your product lasts six months, it’ll last two years, unless you break it in a way that’s not covered by the warranty anyway.

“Use warranties that come with the product or service,” says financial expert Harrine Freeman. “Keep the original packaging and receipt so if an issue arises, you can get the item fixed without delay.”

2. You Have Too Much Insurance You’re required by law to meet certain insurance requirements for your vehicle and any collateral loan. Insurance agents will push to give you more insurance because they’re commissioned salespeople. Whether it’s your car, home or body, don’t buy more insurance than you need, or you’re just paying to keep everyone else’s premiums low.

Also avoid cell phone insurance at all costs – these plans are difficult to use and cancel, and they’ll often charge you more to replace your phone than the actual phone manufacturer, the retail store you bought it at, or your service provider.

3. You Pay for Free Services You can monitor your credit report for free by getting a copy once every year, yet credit monitoring services charge you for the privilege. It’s like paying to park in a free lot (which you’ll also do if there’s an event nearby). Avoid paying for anything you can do for free.

4. You Upgrade Too Often When Apple releases a new iPhone, people wait in line for it. Android users are getting just as bad. Usually, the upgrades are minor. Sure, I can use my phone as a projector, but how often does that really come up?

Don’t get distracted by all those shiny features – buy a phone within your budget, and hold onto it for 3-4 years. By the time you upgrade, you can get a free (or extremely cheap) phone that’s still an upgrade over your current one without paying an arm and a leg

5. You Ignore Hidden Fees Banks make their money by charging fees. They’ll charge both you and the merchants you shop at as much as possible, and many businesses pass these fees on to customers. Shell, for example, charges you for using your card. Shell is also notorious for keeping their gas prices higher because they have a branded credit card that many people confuse for a store card. The reality is that card can be used anywhere, so use it to shop elsewhere.

“Avoid using out-of-network ATMs,” adds Freeman. “Get enough cash from your network ATM on a weekly basis to avoid fees. Avoid multiple trips to the ATM during the week. Keep track of your bank balance to avoid overdraft fees.”

6. You Don’t Save I’ve been on my grind since I was five years old. When I was 10, I got a paper route, and my parents made me put half of my money immediately into a savings account (which was actually an envelope in a file cabinet in their house because banks don’t give accounts to ten-year-olds). As annoying as it was, it was a great way to learn about savings

You don’t have to give up half your paycheck, but you do need to put a set amount aside. Treat your savings account as your most important bill – it’s for you, and you shouldn’t short-change yourself for the benefit of any bank, grocery store, service provider or anyone else.

7. You Overpay Taxes I get that most people don’t understand taxes. I understand that feeling of starting the year with a huge tax refund. If you don’t have the discipline to save, it can be tempting to let the government do it for you.

The problem with this line of thinking is you’re giving the government free money. They deposit it and earn interest that could’ve been yours. You think you’re making a smart financial decision, but what you’re really doing is losing money. The ideal tax situation isn’t the huge refunds advertised by H&R Block and all the other accountants; it’s zero.

8. You Buy Things You Don’t Need If you can’t decide between an Xbox One and a PS4, the answer isn’t both; it’s neither. You may like purses and shoes, but you don’t need so many of them. Just because you see celebrities showing off all their swag doesn’t mean you should be doing the same thing. Learn to separate wants from needs and live within your means.

9. You Join Too Many Clubs If you have a membership to Costco, Sam’s Club, Amazon Prime, and more, you’re wasting your money. Trying to keep up on all those frequent shopper clubs is toxic too. You’ll end up spending more on fees and unnecessary purchases than you’ll save from any of their deals. Their business model is set up specifically for this purpose.

If you’re single, consider asking a friend or family member to be added as an additional user on their account. A single person doesn’t need too many bulk items, especially perishables.

10. You Waste Food Regardless of whether it’s bulk or single serving, don’t buy more perishable goods than you can eat. Every crumb you throw away is a crumb you paid for. You may as well just dump the contents of your wallet on the ground every time you go to the store.

Track your diet – it’s good for both your health and wealth. By focusing on your food intake, you’ll have an idea of your eating habits. This will help you make smart spending decisions at the grocery store. From there, all you have to do is cook the food you have instead of going out to eat all the time.

11. You Lack Patience Merchants love taking advantage of our impulse to spend money. It’s easiest to see this concept with movies. If you want to see a movie on opening night, you’re paying the highest price possible. You can’t even use a coupon because it’s a special engagement. If you want to see a movie in theaters, wait until it’s in the dollar theater. Otherwise you can see it on Redbox for $1 or Netflix for free. All you have to do is wait.

Our population recently reached the 7 billion milestone; you are one in 7 billion. That is a lot of people and it’s hard to see the significance of the individual with such a large number. So what if we scaled down that huge population to just 100 individuals to see what makes up the world:

If there were only 100 people:

we talked before about the wolf of wall street "jordan belfort" and i shared video that's jorden belfort talk about his strategy in sales and marketing more details throw that link : http://abdelrhmanhamdy.tumblr.com . but we need to know more about the straight line which he's talk about . 

here's before we talk about this strategy three important points that's you must know : 1)product : you must know every thing about your product and that's lead us to the second thing which it 2)NEED : the master thing you must create the need to  start attack your client and that's also lead us to the third which it 3)Thermometer : you must know when you stop and when you can complete your words and how to communicate with your client . IS that's all ? No ? 

of course there also four believes that's entrepreneurs, sales executive, e-marketing executive and every one who's working in marketing. The four believes that's i'm talking about are. Once your self, you must know that's you can sales any thing in that world even the shit . Second that's you must read more and more about sales and everyday you must improve your skills . Third Focus and finally is Passion . 

so let's start talking about that strategy what it is . it's straight line like that's Figure : 

so you starting with creating NEED point then start your attack with all the advantages , Features and   specifications of your product of service then try in your talking even face to face or online or phone call not to get out of the red square which it mean that's you get out of your path . when you talk with client try to control on your speech not get out to any topic which isn't have any link with your product or service . also start to persistence that's your product is the best one all over the world but not create stress on the client which it will get him get away from you . also time is important try to be specified and your speech not me much more than 20 min and also not more less than 10 min with all your sales body languages . 

Another thing we want to talk about that's there is two kinds of sales people DUCKS and EAGLES try to be one of eagles.Eagles have three Principles that's the clients have to love product logically and Emotionally, also they connect you because they trust you try to save this trust point and finally they connect with you cause they trust your company throw you . 

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Jordan Belfort Straight Line Persuasion Webinar - The most effective closing system in the world

Breaking into a new career, no matter what industry you're vying to join, seems to get more and more competitive every year. New graduates are often overwhelmed with the process of applying to jobs and trying to get a foot in the door.

Believe it or not, hiring remains a very difficult process for employers. Good candidates are extremely hard to find. Often, the problem is that the best candidates don't know how to appropriately express that they would make the perfect fit for the job. A few simple technology tricks and tips, and knowing how the system operates, can fix this problem, though, and help you get the job you want.

To write a great cover letter and resume, you have to understand how the employer is using them. The number one thing to know is that people always read your cover letter and resume more than once. The first time, they skim it looking for keywords either by themselves or using a computer programme. The purpose of the skim read is to throw out any candidates who don't cut the mustard. To be considered a viable candidate, your cover letter and resume have to pass this stage. So you have to think about not just writing beautiful prose, but using the right keywords.

The second time potential employers read your materials, they read closely, paying attention to what you have actually written and how you've phrased it. Spelling, grammar, punctuation, consistency, and the degree of formality of your language count. The "right" level of formality depends on the industry and company culture.

To pass the first test, the skim read, you need to put the right keywords into your materials. But how do you know which ones to use? Luckily, the company gives them to you; They're in the job description.

One of the biggest pieces of advice I have about organising an online job search is to save everything, including the job description. I recommend creating a word-processing file where you will

Copy and paste the job description

Comb through the job description carefully while putting in bold keywords that mention necessary skills and attributes of the ideal candidate

Identify which of those keywords truly applies to you and your experiences (no lying!)

Write a few accurate statements that use those keywords in describing your qualities, talents, and past work.

The statements that you write in step 4 will become the foundation of your cover letter. All you have to do after that is make sure you write a concise introduction and conclusion, and smooth out the transitions between the statements. If all else fails in trying to write smooth transitions, just start a new paragraph.

Keep the cover letter short. In most cases, it should be less than 400 words. Get to the point, hit the key ideas, show that you fit the key things the company needs, and conclude quickly.

One important fact that many new graduates don't know is that they must make a new resume and cover letter for every single job application. No successful job candidate has "a resume." You need a specially tailored one for each job opening. Each resume and cover letter doesn't have to be radically different from the previous one, and occasionally, you may find two or three job descriptions that are so similar that you don't have to change much in your application materials at all. But to accurately match the keywords that the employer gives you, you'll need to rewrite your resume and cover letter every time.

When you send your resume, cover letter, and anything else the employer requests, use the file formats they specify; if they don't specify which format to use, always send PDFs.

As I mentioned, save the job description for each job application you complete. Also save the cover letter and resume, and name them in such a way that you can find them quickly and easily. I like to use the following identifiers in my file names:

Company name, position title, and date the application was sent (two-digit year, month, date so that May 28, 2012 becomes 120528).

The reason you need to save everything and make it easy to find is so that when you do get called in for an interview — and you will if you keep at it those applications! — you'll be able to review the position requirements, refresh your memory about what you've told the hiring committee about yourself, and remember to use the same keywords about your best qualities and skills in the interview.

Angels, venture capitalists, private equity firms and mutual funds all evaluate investments on the same four basic criteria. At the various stages of a company's evolution from brilliant-insight baby to billion-dollar behemoth, those investors will weigh your attributes differently.

When you pitch your company for funding, focus on these four topics:

Our strategy is sustainably differentiated. Demonstrate what's special about your company and how you'll keep that strong position. Is your offering fresh and different with a unique solution for the customer? Are your costs structurally lower or your service super fast because you invented incredible algorithms? Show that you have something different from the pack, and that is what your target market wants. Some businesses grow and thrive with execution being their main differentiator: think high-volume selling or complex logistics businesses. If execution is your pitch for why you're different, be sure your track record backs that up.

We are the right team for this endeavor. For early stage companies, the team is the most important aspect an investor considers, as your market and product may not exist yet. What unique combination of skills and experience makes your leaders the potential winners? As you scale your business, your execution will demonstrate why you're right for the job.

Our business model will make money. Money -- profits and cash flow -- are ultimately what create value. On your way to profitability, your company may become strategically valuable, and might be acquired early or IPO when public investors believe you will become profitable soon. You have to show how your business model -- the costs to acquire and serve customers -- will be profitable. Understand the margin structure of comparable companies, and show how you will track versus their paths.

Later-stage companies and investors focus on the financials. Public investors might screen almost exclusively on your financials, looking for expanding margins and profit growth. For younger companies, your target model and cash needed to break even are foremost concerns.

Market size. Investors want to know that your company has plenty of room to grow. "You can't make a big company in a small market," was one of my first VC lessons. For the nascent markets startups try to create, there is no current market size, so focus on the total addressable market. TAM measures the potential annual revenue for your industry -- it is NOT an estimate of your company's potential.

Markets can be sized "bottoms up" or "tops down." Try both methods to check if your assumptions are reasonable. Typically, tops down-sizing crudely estimates a market by analogy or relative sizing, e.g., "Product X is a management solution for customers using technology Y. Technology Y is a $1 billion annual market, and an add-on management solution deserves 20 percent of the core target spend, so the TAM for Product X is $200 million."

Here's how Scale Venture Partners created a bottom's up TAM to assess our investment in online marketing company Omniture: We counted websites by traffic volume, assigned an annual revenue potential to each size category and added it all up to over $1 billion a year of annual addressable spend. This work was done when Omniture had only a few hundred customers, not the many thousands of potential clients we counted in our TAM.

Imagine you’re going in for a job interview.  You put on a nice suit, polish your shoes, print out a copy of your resume which lists your many accomplishments and head out the door.  You even arrive at the office thirty minutes before your interview just to help make a good impression, you really want this job!  After a few minutes of you hanging out in the lobby someone comes to greet you and take you into her office.  You both sit down and she offers you something to drink, “no thanks,” you say, “I’m really excited to be meeting with you and think that my background, accomplishments, and personal attributes will make me a real asset here.”  Before you have time to explain she takes out a tablet device and says, “that’s great to hear, before we do anything I want you to play a few games, I’ll be back in around forty-five minutes.”  One game sees you as a waiter in a restaurant serving food to guests who come in and another game sees you launching balloons at little demons who are trying to attack you.  You finish playing both games and the lady walks back in and says, “congratulations, you’re hired.”  You just had your job interview playing a game that told the company everything they needed to know about you.

Before start talking about Finance tips i need all the CFO entrepreneur pay attention for some Qusetions like : 

Did planning improve your business ?

what did u know about planning ?

what's the meaning of budgeting ?

how i could do budgeting ? 

Did u know any one of Budget Advantages ?

and more ... so in this First article i'll speard for all CFO planning and budgeting concepts . and the advantages of Budgeting .So , let's have some talking about Planning what is it mean ? 

Planning : is a process of charting the future in an uncertain and dynamic world to attain desired goals . planning consists of selecting organization goals , prediciting results under various alternative ways of achieving those goals , deciding how to attain the desired goals and communicating the goals and how to attain them to the entire organization . 

Good Planning helps managers attain goals , recognize opportunities , providing a basis for controlling operations , forcing managers to consider expected future trends and condtions , checking progress toward the objectives of the organization and minimize the negative effects of unaoidable events 

Strategy is the organization's plan to match its strength with the opportunities in the market place to accomplish its desired Goals over the short and long term . Afirm's strategy is the path it chooses for attainging its long-term goals and missions . it is the starting point in preparing its plans and bugets .

Budget provides the foundtion for planning because a successful budget is created by a process of aligning the company's resources with its strategy . While a plan or budget may not guarantee success , the lack of plan can remove opportunities , cause the company to be constantly putting out fires , or cause a complete business failure  , when a budget exists without consideration of strategy , it usually begins with the prior year's budget and misses opportunities to change the direction of the company . 

so let's start with the first tip which is " Strategy, plan, and budget are interrelated and affect one another . Strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives . strategic analysis underlies both long-run and short-run planning . in turn , these plans lead to the formulation of budgets. Budgets provide feedback to managers about the likely effects of their strategic plans. Managers use this feedback to revise their strategic plans. "

also there's some terms of budget used with it like budgeting, budgetary control, pro forma statements, strategic plan and strategic budgeting. Also when you Business start must interact with its external environment. There is three interrelated environments affect management's planning and budgeting which are the industry, the country or the national environment and the macro environment in which the company operates. For estance , if the economy is entering a period of lower demand, a manufacturer will not project increased sales. If costs are not changeable, the company may budget losses for the short-term to hold on to market share. 

Finally for this week article is the advantages of budget :

  As planning tool budget forces the organization to examine the future .

Budget promote coordination and communcation among organization units and activities .

As control tool budget provide a framework for measuring performance and provide a means for controlling operations 

provide motivation for managers and employees to achieve the company's plans 

promotes the efficient allocation of organizational resources .