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	<title>Comments on: Avoiding CHEAP Clients</title>
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	<link>http://www.maria-gudelis.com/maria-gudelis/avoiding-cheap-clients-678.html</link>
	<description>Maria Gudelis on Real Estate</description>
	<lastBuildDate>Sun, 29 Aug 2010 15:28:04 +0000</lastBuildDate>
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		<title>By: admin</title>
		<link>http://www.maria-gudelis.com/maria-gudelis/avoiding-cheap-clients-678.html/comment-page-1#comment-2429</link>
		<dc:creator>admin</dc:creator>
		<pubDate>Wed, 20 Jan 2010 00:13:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.maria-gudelis.com/?p=678#comment-2429</guid>
		<description>When I&#039;ve signed a JV deal with a &#039;major company&#039; - it was very &#039;legal ease&#039; and what we did is appoint a 3rd party accounting firm to track that - 

When dealing with smaller clients, you can first 

1. Ask for existing P&amp;L statements (audited or submitted to gov.)
2. Ask for copies of monthly reports from their bookeeper
3. Go with your gut - it is still easy for a dishonest partner to &#039;s__w&#039; you...so if you sense they are not a good player - say NEXT
4. if a real big deal - you could also hire an investigator to do some due diligence for (that one was a David Chambless idea he gave me when I was interviewing him)</description>
		<content:encoded><![CDATA[<p>When I&#8217;ve signed a JV deal with a &#8216;major company&#8217; &#8211; it was very &#8216;legal ease&#8217; and what we did is appoint a 3rd party accounting firm to track that &#8211; </p>
<p>When dealing with smaller clients, you can first </p>
<p>1. Ask for existing P&#038;L statements (audited or submitted to gov.)<br />
2. Ask for copies of monthly reports from their bookeeper<br />
3. Go with your gut &#8211; it is still easy for a dishonest partner to &#8216;s__w&#8217; you&#8230;so if you sense they are not a good player &#8211; say NEXT<br />
4. if a real big deal &#8211; you could also hire an investigator to do some due diligence for (that one was a David Chambless idea he gave me when I was interviewing him)</p>
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	<item>
		<title>By: Tim</title>
		<link>http://www.maria-gudelis.com/maria-gudelis/avoiding-cheap-clients-678.html/comment-page-1#comment-2428</link>
		<dc:creator>Tim</dc:creator>
		<pubDate>Tue, 19 Jan 2010 21:43:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.maria-gudelis.com/?p=678#comment-2428</guid>
		<description>Hi Maria,

I like this approach, Upfront price+% of profits as it shows all have a long term stake in the clients business and I&#039;ve bee approached many times about doing this in Joint Venture arrangement.  However, how would you track the % increase in sales from a client as a result of your campaign?  

I know some others have said just have the business owner tell you but I would prefer to have some kind of automatic tracking mechanism in place that all parties can view so there&#039;s no confusion to who gets paid what.

Any suggestions?</description>
		<content:encoded><![CDATA[<p>Hi Maria,</p>
<p>I like this approach, Upfront price+% of profits as it shows all have a long term stake in the clients business and I&#8217;ve bee approached many times about doing this in Joint Venture arrangement.  However, how would you track the % increase in sales from a client as a result of your campaign?  </p>
<p>I know some others have said just have the business owner tell you but I would prefer to have some kind of automatic tracking mechanism in place that all parties can view so there&#8217;s no confusion to who gets paid what.</p>
<p>Any suggestions?</p>
]]></content:encoded>
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	<item>
		<title>By: admin</title>
		<link>http://www.maria-gudelis.com/maria-gudelis/avoiding-cheap-clients-678.html/comment-page-1#comment-2410</link>
		<dc:creator>admin</dc:creator>
		<pubDate>Sun, 17 Jan 2010 01:20:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.maria-gudelis.com/?p=678#comment-2410</guid>
		<description>Hey Todd!  do you have my flagship product that helps you get started in online marketing, the consulting money mindmap?

It is here:

&lt;a href=&quot;http://www.OfflineMoneyMindmap.com &quot;&gt;www.OfflineMoneyMindmap.com &lt;/a&gt; - just click here to get it..

let me know if you have it or not and I will also have one of my team give you a shout!</description>
		<content:encoded><![CDATA[<p>Hey Todd!  do you have my flagship product that helps you get started in online marketing, the consulting money mindmap?</p>
<p>It is here:</p>
<p><a href="http://www.OfflineMoneyMindmap.com "></a><a href="http://www.OfflineMoneyMindmap.com" >http://www.OfflineMoneyMindmap.com</a>  &#8211; just click here to get it..</p>
<p>let me know if you have it or not and I will also have one of my team give you a shout!</p>
]]></content:encoded>
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	<item>
		<title>By: admin</title>
		<link>http://www.maria-gudelis.com/maria-gudelis/avoiding-cheap-clients-678.html/comment-page-1#comment-2409</link>
		<dc:creator>admin</dc:creator>
		<pubDate>Sun, 17 Jan 2010 01:14:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.maria-gudelis.com/?p=678#comment-2409</guid>
		<description>Totally agree on your advice Andrew:

&lt;blockquote&gt;
I found that dealing with friends can be even worse. This is because you have to give them the “insiders price” which seems to be a never ending supply of time. (It does feel good to help though)

Its much easier to fire a cheap business owner than it is to fire a friend.

Ladies and Gentlemen, take my advice -
Dont work for friends and increase your price!&lt;/blockquote&gt;

Great to see a fellow Canuck here!</description>
		<content:encoded><![CDATA[<p>Totally agree on your advice Andrew:</p>
<blockquote><p>
I found that dealing with friends can be even worse. This is because you have to give them the “insiders price” which seems to be a never ending supply of time. (It does feel good to help though)</p>
<p>Its much easier to fire a cheap business owner than it is to fire a friend.</p>
<p>Ladies and Gentlemen, take my advice -<br />
Dont work for friends and increase your price!</p></blockquote>
<p>Great to see a fellow Canuck here!</p>
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		<title>By: Andrew "SpyGuy" Douglas</title>
		<link>http://www.maria-gudelis.com/maria-gudelis/avoiding-cheap-clients-678.html/comment-page-1#comment-2406</link>
		<dc:creator>Andrew "SpyGuy" Douglas</dc:creator>
		<pubDate>Sat, 16 Jan 2010 06:10:14 +0000</pubDate>
		<guid isPermaLink="false">http://www.maria-gudelis.com/?p=678#comment-2406</guid>
		<description>I can understand why the low budget clients can be a royal pain. They are usually stressed out and are counting every dollar. Im sure we can all relate. 

I found that dealing with friends can be even worse. This is because you have to give them the &quot;insiders price&quot; which seems to be a never ending supply of time. (It does feel good to help though)

Its much easier to fire a cheap business owner than it is to fire a friend. 

Ladies and Gentlemen, take my advice -
Dont work for friends and increase your price!

Andrew Douglas

&quot;Im from Canada eh!&quot;</description>
		<content:encoded><![CDATA[<p>I can understand why the low budget clients can be a royal pain. They are usually stressed out and are counting every dollar. Im sure we can all relate. </p>
<p>I found that dealing with friends can be even worse. This is because you have to give them the &#8220;insiders price&#8221; which seems to be a never ending supply of time. (It does feel good to help though)</p>
<p>Its much easier to fire a cheap business owner than it is to fire a friend. </p>
<p>Ladies and Gentlemen, take my advice -<br />
Dont work for friends and increase your price!</p>
<p>Andrew Douglas</p>
<p>&#8220;Im from Canada eh!&#8221;</p>
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		<title>By: Dave Peterson@Local Search Minneapolis</title>
		<link>http://www.maria-gudelis.com/maria-gudelis/avoiding-cheap-clients-678.html/comment-page-1#comment-2403</link>
		<dc:creator>Dave Peterson@Local Search Minneapolis</dc:creator>
		<pubDate>Thu, 14 Jan 2010 22:40:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.maria-gudelis.com/?p=678#comment-2403</guid>
		<description>Price on the high side.  If the prospect thinks your program is too much for his budget, don&#039;t drop your price ask them which services they want you to omit.

You would be surprised how they squirm when you start talking about omitting services that they think are vital (they will think all the services are vital if you sold them right).  The prospect will often change their mind and go ahead with the whole project as you first quoted it.

If sold right they will see the value and know the package is worth what you are asking.  They don&#039;t want to short change themselves by dropping some of the services.</description>
		<content:encoded><![CDATA[<p>Price on the high side.  If the prospect thinks your program is too much for his budget, don&#8217;t drop your price ask them which services they want you to omit.</p>
<p>You would be surprised how they squirm when you start talking about omitting services that they think are vital (they will think all the services are vital if you sold them right).  The prospect will often change their mind and go ahead with the whole project as you first quoted it.</p>
<p>If sold right they will see the value and know the package is worth what you are asking.  They don&#8217;t want to short change themselves by dropping some of the services.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Todd</title>
		<link>http://www.maria-gudelis.com/maria-gudelis/avoiding-cheap-clients-678.html/comment-page-1#comment-2402</link>
		<dc:creator>Todd</dc:creator>
		<pubDate>Thu, 14 Jan 2010 21:19:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.maria-gudelis.com/?p=678#comment-2402</guid>
		<description>Hi Linda,

Well, your post certainly got my attention! I am a HUGE proponent of the &quot;low-hanging fruit&quot; mindset, but hadn&#039;t stopped to apply it yet to my marketing consulting business.

I don&#039;t know if you work nationwide or stay local, but if you would be willing to talk this idea over with me, I would greatly appreciate it so that I can craft my business into the best possible business for the lifestyle that my family and I are pursuing.


Thanks!

Todd</description>
		<content:encoded><![CDATA[<p>Hi Linda,</p>
<p>Well, your post certainly got my attention! I am a HUGE proponent of the &#8220;low-hanging fruit&#8221; mindset, but hadn&#8217;t stopped to apply it yet to my marketing consulting business.</p>
<p>I don&#8217;t know if you work nationwide or stay local, but if you would be willing to talk this idea over with me, I would greatly appreciate it so that I can craft my business into the best possible business for the lifestyle that my family and I are pursuing.</p>
<p>Thanks!</p>
<p>Todd</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: admin</title>
		<link>http://www.maria-gudelis.com/maria-gudelis/avoiding-cheap-clients-678.html/comment-page-1#comment-2394</link>
		<dc:creator>admin</dc:creator>
		<pubDate>Wed, 13 Jan 2010 22:19:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.maria-gudelis.com/?p=678#comment-2394</guid>
		<description>Thanks Rodney - yes -the only time it is no &#039;rinse and repeat&#039; is if the overall project is over $25,000 - then some customization can be done...

e.g. publishing a book on Amazon for them for domination in their marketplace</description>
		<content:encoded><![CDATA[<p>Thanks Rodney &#8211; yes -the only time it is no &#8216;rinse and repeat&#8217; is if the overall project is over $25,000 &#8211; then some customization can be done&#8230;</p>
<p>e.g. publishing a book on Amazon for them for domination in their marketplace</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: admin</title>
		<link>http://www.maria-gudelis.com/maria-gudelis/avoiding-cheap-clients-678.html/comment-page-1#comment-2393</link>
		<dc:creator>admin</dc:creator>
		<pubDate>Wed, 13 Jan 2010 22:18:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.maria-gudelis.com/?p=678#comment-2393</guid>
		<description>Thanks Mike!  Also - it is great to TEST prices out too on services...that is one of my 2010 goals - to test out combination of upfront price + percentage of increase in sales vs big upfront price.

Option 1 is more lucrative for both sides!</description>
		<content:encoded><![CDATA[<p>Thanks Mike!  Also &#8211; it is great to TEST prices out too on services&#8230;that is one of my 2010 goals &#8211; to test out combination of upfront price + percentage of increase in sales vs big upfront price.</p>
<p>Option 1 is more lucrative for both sides!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Rodney Grubbs</title>
		<link>http://www.maria-gudelis.com/maria-gudelis/avoiding-cheap-clients-678.html/comment-page-1#comment-2392</link>
		<dc:creator>Rodney Grubbs</dc:creator>
		<pubDate>Wed, 13 Jan 2010 16:46:09 +0000</pubDate>
		<guid isPermaLink="false">http://www.maria-gudelis.com/?p=678#comment-2392</guid>
		<description>Once again great info Maria.  Low budget clients are very easy to find, and we have a boatload of them right now, but as you have taught us, you better have the so-called &quot;rinse and repeat&quot; product to put them into.  Too much customization and they will kill your profit.  Thanks again for everything!</description>
		<content:encoded><![CDATA[<p>Once again great info Maria.  Low budget clients are very easy to find, and we have a boatload of them right now, but as you have taught us, you better have the so-called &#8220;rinse and repeat&#8221; product to put them into.  Too much customization and they will kill your profit.  Thanks again for everything!</p>
]]></content:encoded>
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