RSS

RSSAll Entries in the "Business Tips" Category

Day # 6 – Your Relationship with Money

Leaving kollel is all about taking control of your own finances, and so you will be focusing more attention on your finances. Before you get in “over your head” it important to make sure you control your attitudes towards money so that it doesn’t gain control over you. The Chafetz Chaim pointed out how in [...]

Watching the Money You Make

Being successful at business requires not just the knowledge of how to make money, but also how not to lose it. There are countless opportunities at making money, and there are ten times more ways to easily lose your money to scams, pranks, and just plain stupidity. Did you ever receive the following email from [...]

Succeeding in Business: Who You’re Really Up Against

The biggest obstacle faced by those wishing to go into business, is fear of failure. One may think, “If its such a good way to make money, why wasn’t this tried before?” Who is your competition? What exactly are you up against? The average American household spends 8 hours and 18 minutes a day watching [...]

Business Lessons from 3 Roshei Yeshiva

What do Rabbi Avrohom Ausband, R”Y of Telz Alumni D’Riverdale, Rabbi Eli Sorotzkin, R”Y of North Plainfield (Springfield), and Rabbi Elya Chaim Swerdloff, R”Y of Paterson NJ have in common? They all have successful yeshivos, they are all tremendous talmidei chachomim, and they are all sons in law and (except for R’ Swerdloff) sons of [...]

Israeli Kollel Wives Powering Frum Businesses

For years now, U.S. businesses have been outsourcing many of their job overseas, to places like India. The benefit for the company is huge cost savings on labor, while the workers overseas benefit from having a (relatively) well paying job that otherwise wouldn’t be there. However, there is a huge downside of employing overseas workers, [...]

Satmar Rav: Let Them Work for My G’virim

On the Yahrtzeit of the Satmar Rav ZT”L, I was reminded of a story I once heard. An American Rabbi once asked the Satmar Rav why he was against college. He replied that he didn’t feel college is a proper place for a yid to be in because of all the bad influences that are [...]

Ridding Yourself of Get Rich Quick

The other day I was speaking with a friend of mine in kollel. His situation is similar to so many kollel yungerleit out there, that I feel is worthy of repeating here. He is happy to be learning in kollel, but he is also aware that the good days are coming to a close and [...]

Chutzpah Really Works!

Children are taught both at home and in school to follow the rules. You have to do this, you cannot do that. Adults want their children to be easy – so they teach them that disobeying parents, teachers, principals, and even any adult is considered to be “chutzpah”. And acting with chutzpah – they are [...]

Why Are You in Business?

In the long run, selfish people eventually fail. Their reason for being in business has nothing to do with serving their customers. Since they are only in business for themselves, they are doomed to fail. Everyone is talking about the “CW” who allegedly performed one of the worst acts of mesira in recent history. How [...]

When More is Really Less

When establishing your business, especially with the internet, it is important to bear in mind that today, more than ever, more is less. Try convincing a prospective client looking for a paint job in his basement that you also build skyscrapers, in case he knows anyone who is interested. How far would you get with [...]