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Psi Bands
Pacific Grove, CA
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You have all heard this statement and intuitively know it to be true: “Knowing your financials is the key to your business success.”
Here are FIVE practical ways to apply ...
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Psi Bands
Pacific Grove, CA
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Thankfully that is NOT my car...
About 8 months ago, I backed out of a sandwich shop and hit a cement post that was low to the ground and that could not be s...
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Psi Bands
Pacific Grove, CA
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I am returning from the Moms in Business Unite conference in San Diego (Psi Bands won the all-expense paid trip from Boogie Wipes). From that conference I learned many things. Here are some more re...
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Psi Bands
Pacific Grove, CA
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As I mentioned in my previous blog, I am returning from the Moms in Business Unite conference in San Diego (we, Psi Bands, won the all-expense paid trip from Boogie Wipes). From that conference I l...
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Psi Bands
Pacific Grove, CA
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I am returning from the Moms in Business Unite conference in San Diego (we, Psi Bands, won an all-expense paid trip from Boogie Wipes). From that conference I learned many things. Over the nex...
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Psi Bands
Pacific Grove, CA
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"Be Good to People". Are You Up for this EASY Challenge to Grow YOUR Business?
Have you heard about Savor the Success member Kris Wittenberg's new business, Be Good to People? ...
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Psi Bands
Pacific Grove, CA
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I went to a nationally recognized chain this morning after seeing a yummy looking picture of a latte in their store window. I purchased the latte, but it was so hot that I could not drink it for ...
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Psi Bands
Pacific Grove, CA
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At Psi Bands, we recently had a coaching session on financials. In that conversation, we learned something that was surprising to us…that CPAs look in the past and book keepers look towa...
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Psi Bands
Pacific Grove, CA
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Passion. Every business faces challenges. It’s all a process and a journey. You have to be able to weather the storm. In order to successfully do so, you must believe in your product or ser...
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Psi Bands
Pacific Grove, CA
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If you sell wholesale, read on to understand the basic formulas to help you successfully negotiate.
Assuming your margin is a % of your retail sales price, let’s go through the basi...
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Psi Bands
Pacific Grove, CA
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While fireworks did not go off in my home town on July 4th (due to budget cuts), sparks were flying every which way anyway. Everywhere I looked, entrepreneurs were claiming their independence by do...
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Psi Bands
Pacific Grove, CA
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If you are a product-based company, then you can relate to how difficult managing inventory can be.
We just faced our first scenario where we didn’t have inventory to fulfill ...
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Psi Bands
Pacific Grove, CA
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I have two school-aged children. During the school year, I drop them off at school in the morning and I am there to pick them up at the end of the school day. They attend public school. I do not pa...
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Psi Bands
Pacific Grove, CA
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I always say running a business is like riding a roller coaster. It’s windy, curvy, bumpy, scary, and fun – full of highs and lows. I happen to like roller coasters, so maybe that&r...
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Psi Bands
Pacific Grove, CA
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What is a rep?
Broker rep. Sales rep. Showroom rep. They go by different names, but their job is the same. They represent your product and the goal is for them to help you get new accounts.
&nb...
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Psi Bands
Pacific Grove, CA
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Yesterday I had an out of town meeting. Roundtrip the drive was 7 hours, and I was the driver with no passengers. And, by the way, I don’t care for long road trips.
I was trying to ...
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Psi Bands
Pacific Grove, CA
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Last Friday my home and home-based office were turned into a filming platform for an upcoming video. While being interviewed (my microphone was attached to the back of my chair so I could not get u...
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Psi Bands
Pacific Grove, CA
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Why do most women have a hang up with this two letter word? It’s usually one the first words we say as babies because we hear it so often (“No, do not touch that hot pan.” &ldqu...
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Psi Bands
Pacific Grove, CA
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Too many emails. Too much clutter. Three quick steps I recently took to de-clutter my in-box.
Daily Digest: If you are part of a yahoo group, online forum, etc., get the daily digest ve...
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Psi Bands
Pacific Grove, CA
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Short answer: yes.
Long answer: chances are you don’t because your natural talents are going untapped.
My business partner and I recently read “Strengths Finder 2.0”, b...
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Psi Bands
Pacific Grove, CA
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A word that is creeping into our vocabulary of late is “barter”. As the economy is taking its toll, we believe that companies are even more open to entertaining the idea of bartering; t...
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Psi Bands
Pacific Grove, CA
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We all want great press. The benefits are priceless. It creates consumer awareness, drives sales, gives you prestige, opens up new retail channels, etc. So how do you get it?
...
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Psi Bands
Pacific Grove, CA
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Going “big” is not for the weak at heart. And I don’t mean supersizing it at McDs. When I say “big”, I mean landing that big dream account of yours – maybe its N...
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Psi Bands
Pacific Grove, CA
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So you have a business partner, or maybe you’re considering adding one.
What happens if you have disagreements? What if one person is pulling more weight than the other? What if &he...
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Psi Bands
Pacific Grove, CA
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Have you considered a business partner? I thought I would flesh out some of the pros/cons to having a partner(s). Some of you may have been on the fence about this choice, or maybe never considered...
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Psi Bands
Pacific Grove, CA
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On 3/2 and 3/3, Psi Bands had a total of 4 airings on ShopNBC, located in MN. As I previously mentioned in Part 2 of this series, this, too, was an exhilarating and exhausting experience.
&...
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Psi Bands
Pacific Grove, CA
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As you might imagine, traveling for business does not come easy when you are also the main caregiver in your family. That is the case for me. I have two boys, ages 9 and 6 ½. They are school...
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Psi Bands
Pacific Grove, CA
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The other day, my business partner, Carla, and I got on the topic of success as it pertained to a specific milestone, where she helped me to realize that I was focusing on financials and neglecting...
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Psi Bands
Pacific Grove, CA
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Yesterday I was able to finalize negotiations with a reputable on line retailer. They have a standard, one-time set up cost. I asked for a significant departure from this set price, explaining that...
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Psi Bands
Pacific Grove, CA
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I keep hearing entrepreneurs/biz owners asking themselves what they can do to stay afloat during these tough economic times. We are all feeling the impact – in one form or another. Some ideas...
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Psi Bands
Pacific Grove, CA
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On 2/11, Psi Bands debuted on ShopNBC, located in MN. What an exhilarating and exhausting experience.
We received our PO with just more than a week before our on-air date. I think this wa...
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Psi Bands
Pacific Grove, CA
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Save the Date! Psi Bands is going on ShopNBC. And, read below to learn about "the process".
We are excited to announce that Psi Bands will appear live on ShopNBC, a home shopping televi...
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Psi Bands
Pacific Grove, CA
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Psi Bands is truly inspired by the dozens of applications that were submitted to us representing such diverse businesses. Such talented women making remarkable contributions!
Altho...
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Psi Bands
Pacific Grove, CA
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Psi Bands is a past winner of the Make Mine a Million $ Award sponsored by Count Me In. Count Me In is an amazing organization and we so greatly believe in this RACE and what it stands for, that ...
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Psi Bands
Pacific Grove, CA
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When Psi Bands were selected as a finalist for Count Me In’s Make Mine a Million $ Business, we had to create and deliver a three minute elevator pitch to a live audience. We were i...
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Psi Bands
Pacific Grove, CA
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I had this blog written and posted, and then, coincidentally, I had a coaching session today that led me to the topic of time management in which my coach gave me some tips on how to be...
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Psi Bands
Pacific Grove, CA
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After a 2-day “adventurous” travel experience across the country (I was traveling during the holidays during snow storms), we landed an important online retailer account and have a chan...
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Psi Bands
Pacific Grove, CA
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Today I learned from a dear friend of mine that one of her colleagues got laid off from a major corporation. This person has a prototype for a new product, but has not taken action beyond the proto...
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Psi Bands
Pacific Grove, CA
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You want to pitch your idea or product or whatever it is you’re selling, but how do you get the in-person meeting? Here are some tips:
Be pleasantly persistent (not painfully persistent)...
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Psi Bands
Pacific Grove, CA
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You've heard the adage that the sum is greater than the parts. Consider how a strategic partnership could help to grow your company. For example, Psi Bands is working with several companies on crea...
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Psi Bands
Pacific Grove, CA
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Count Me In for Women’s Economic Independence is the leading national not-for-profit provider of resources, business education and community support for women entrepreneurs seeking to grow mi...
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Psi Bands
Pacific Grove, CA
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Check it out:
http://twitter.com/iwearyourshirt
I am posting this for two reasons:
1. It is a creative, fun, and inexpensive way to market your product/service (i.e. choose a date to ti...
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Psi Bands
Pacific Grove, CA
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Earlier this year, in partnership with our charity, Fertile Hope, we launched the Psi Bands Celebrity Design Challenge. Over the months, we have received signed/decorated Psi Bands from Marcia Cros...
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Psi Bands
Pacific Grove, CA
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My version of Wayne Gretzky’s famous quote is similar: if you don’t ask, the answer is no. I truly believe in this statement, and put it to the test today when I asked one of my importa...
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Psi Bands
Pacific Grove, CA
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Yesterday in my attempt to familiarize myself with Twitter and all the Twitter-riffic accompaniments, I came across a web site that surveys groups of independent voters with quick results (we ...
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Psi Bands
Pacific Grove, CA
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I thought I would provide you with some specific examples of how Psi Bands has benefited from social networking. It is one thing to hear that your time spent on social networking will pay off, but ...
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Psi Bands
Pacific Grove, CA
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In less than two weeks I will fly across the country to meet with a potential new retailer. It will take three full days to have a one hour (or less) meeting. Two days are dedicated to travel from ...
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Psi Bands
Pacific Grove, CA
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I am writing this blog from the standpoint of a product-based company…
If you were given the opportunity to work with a new, large retailer, would you be ready? Large can be defined as som...
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Psi Bands
Pacific Grove, CA
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Most of us have small marketing budgets but small doesn’t mean ineffective. What are you doing to stretch your marketing dollars? Are you following your marketing plan (do you have a mar...
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Psi Bands
Pacific Grove, CA
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When I am pitching to a potential new retailer, and they tell me they are not interested, I view this as an opportunity to reflect. Why are they not interested? What can I learn from this situation...
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Psi Bands
Pacific Grove, CA
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Have you heard about cause-related marketing? Do you have a charitable partner? If you thought you couldn’t afford a charitable partner, ask yourself how you can afford not to have one. The r...
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Psi Bands
Pacific Grove, CA
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Hi ladies.
This is my first blog entry, and I am thrilled to be a part of the Savor the Success community! My name is Romy Taormina and I am Co-Founder of Psi Bands.
FDA-cleared Psi B...
