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Today I’d like to dive into the ocean of wisdom offered by one of the greatest investors of our time, Warren Buffett.

Known as the "Oracle of Omaha," Buffett's success and long-term investment strategies have made him an icon in the world of finance.

In this blog, we'll explore some valuable business advice from Warren Buffett, drawing inspiration from his speeches and taking a glimpse into his remarkable life journey.

Warren Edward Buffett was born on August 30, 1930, in Omaha, Nebraska. His passion for business and investing emerged at an early age. In one interview he recalled delivering newspapers as a young boy, filing his first tax return at 13 and claiming his bicycle as a deductible expense.

Recently I came across an article by Dave Ramey, the financial expert and syndicated radio host, which focused on his tips for winning at business. (See link below for the full article.)

For the past two decades Dave Ramsey’s advice has been broadcast on American Television shows, radio shows and is available in print on bookshelves across the nation.

Dave Ramsey makes his money telling everyone else how to save and spend theirs.   He’s helped thousands of people take control of their personal finances and saved just as many small business owners from making costly mistakes with his financial advice.

Before one can even lay the foundations of a long-lasting building, architectural plans must be drawn up and approved. Similarly, before you can create a resilient, sustainable business that is ready to grow at speed, you need to create a detailed marketing plan that sets you and your business on the right track. 

Welcome once again to our continuing week-by-week glance at preparing for a Black Friday promotion.

Last week was defining your audience. This week  we are going to refine that down.

October 11 to October 22: Divide your herd

Think of yourself as a rancher with a herd of cows.

Because like a rancher, your herd represents your source of income.

Also like a rancher, you need to care for your herd by protecting it from predators,

Welcome back to our continuing week-by-week glance at preparing for a Black Friday promotion.

SO last week we discussed setting our promotion goals. This week let's talk audience.

September 27 to October 8: Choose the target audience for your promotion

With your goal in mind, create the “Black Friday Offer” that’s going to get you there.

Let’s say you’ve got excess, stale inventory...

A BOGO deal resonates well with the Black Friday crowd and will help you clear out that excess inventory.

Regardless of what your business is, you should be getting ready for Black Friday... NOW.

You probably already know this but Black Friday 2022 is one of the most hotly anticipated shopping holidays of the year.

This year, Black Friday is November 25/2022 – one day after US Thanksgiving and if you want to maximize this one day “selling extravaganza” for your business, you need to start NOW.

The 10-week countdown is upon you and both Canadian and American Thanksgiving Days are coming...

Do you feel like you spend more time on your business than you spend working? Do you have more projects than hours in the day? If so, you’re definitely not alone.

As the war between Russia and Ukraine drags on, President Zelenskyy has shifted from being grateful for any military support to telling the NATO countries what he needs to repel the Russians.

Shocking things happen when the information you give isn’t what the boss happens to want to hear.

For example, I was reading an article about 2 senior Russian oil executives who have died recently of what we'll term unnatural causes.