Comments on: How To Save Money On Purchases Without Paying The Price Later

By: Mike Michalowicz

Mike Michalowicz — Wed, 09 Dec 2009 22:49:12 +0000

Good point Filomena. Good point. I just wonder what is does to your credit rating. And if that even matters.

By: Filomena Rudie

Filomena Rudie — Wed, 09 Dec 2009 22:07:33 +0000

Fascinating piece of writing and info here, having multiple credit cards can additionally give you a number of negotiating power once it comes to annual charges. As soon as these charges are charged, you can repeatedly have them waived by telling the credit card business that you would rather close the bank account than pay the fee. Following all, if you have other credit cards accessible, then you don’t really have to theirs. Usually, they will waive the fee in order to keep the account active.

By: Dan Garcia

Dan Garcia — Tue, 28 Apr 2009 06:05:23 +0000

Excellent article! I really like point number 2 in that it emphasizes the need to spend money on areas in which you may not be an expert. I recently had lunch with the CEO of my company, a biotech startup, and we discussed the need for consultants in a variety of areas. She made the point that no matter how much time you spend trying to learn something, such as patent law, you will never be as knowledgeable as someone who does it as profession. What does an entrepreneur do? An entrepreneur needs to learn a little bit about everything, but hire the best when needed. This allows you to push your business forward.

By: Danny Araujo

Danny Araujo — Thu, 23 Apr 2009 03:32:57 +0000

Could not be more correct– Over the past six months I have purchased more equipment and entered into more service agreements than in the past five years. I have been able to purchase equipment this year with a 50-60% savings over last year. As I often feel that I may be overly optimistic in aggressively building my business in this current environment, it is refreshing to see that someone agrees that now is the time to take advantage of the great deals to be had. I remember last year, as material and equipment cost were out of control, thinking that I wish I could turn back the clock a couple of years and make those purchases that I thought I could do without. Well the clock has now been turned back.

By: Omid Yousofi

Omid Yousofi — Tue, 21 Apr 2009 20:37:14 +0000

Good advice- especially the part about spending where you need to. Time is valuable, and it makes sense to have good competent professionals handling services such as web development, legal document drafting, and tax preparation. You don’t want to make mistakes that can cost you in the long run. By outsourcing certain tasks, you have more time to focus on the things that you are good at, like building your business!

By: Taryn Townsend

Taryn Townsend — Mon, 20 Apr 2009 21:19:38 +0000

Wow- great suggestions!! My husband is currently working on two side businesses and this is great advice for him and his partners. When one is starting a business easy ways to save on costs are often overlooked and can have a large long-run impact.