The Kid Casino


May 27, 2008

When Your Friend Decides to Start a Business

Filed under: Business Affairs — admin @ 5:36 pm

Etiquette books, as far as I know, will tell you how to behave when your friend gets married, buried, graduated, or hospitalized.

But let’s say your friend, who always seemed sensible and predictable, tells you she’s quitting her job. Sure, it’s a good job, she says, but she dreads getting up for work and she’s stressed. Her medical bills have risen along with her salary.

You suggest, as delicately as possible, that she get “professional help.” She tells you she’s hired a coach and a business consultant, and no, she isn’t starting a baseball team. She has a new business. You don’t know whether to laugh or cry.

Here are a few suggestions to maintain the friendship.

1. Do not call your friend after two weeks to ask, “So, made any money yet?” This will be a sore subject for the first six months or more. And remember: dollar amounts are relative. Your friend who previously earned ten thousand dollars a month will be ecstatic when he sees five hundred. Dollars, that is, not thousand.

2. Choose gifts with sensitivity. Best bets are gift certificates at mega-stores, preferably online, so your friend can buy anything from software to books. A gift certificate for coaching, computer maintenance or office supplies will be appreciated.

Dinner at a nice restaurant will go well if you can persuade your friend to leave her beeper and cell phone at home. Just one warning: The sight of a computer on the restaurant desktop may trigger the urge to check for email. Remind your friend firmly: the messages will still be waiting after dessert.

3. Offer support when your friend feels discouraged. “Well, you won’t lose much if you pull out now” is about as insensitive as you can get. Friendly questions include, “Are you seeing signs of progress?” Better, take your friend to a movie and suggest he call his coach afterward.

Whatever else, do not say anything like, “You might as well spend the money now. You won’t have more later.” Or, “I heard the person who replaced you just got another raise.”

4. Expect your friend to keep weird hours. You just got a call at eleven o’clock at night? Or five in the morning? Never fear, there’s no emergency. Just routine business hours for the self-employed.

5. Allow your friend to change her mind. Some people who start a business realize they miss corporate life. They may decide they want to take a job for awhile, to increase their stash of cash and gain some additional experience.

That’s when true friendship comes through. Saying, “I told you so” is a major taboo. And, “I knew you wouldn’t make it” will kill even the most solid friendship, as soon as the words are out.

I offer one-to-one consultations for anyone considering starting a business.

About The Author

Cathy Goodwin, Ph.D., is an author, speaker and career/business consultant, helping midlife professionals take their First step to a Second Career. http://www.cathygoodwin.com.

“Ten secrets of mastering a major life change” mailto:subscribe@cathygoodwin.com

Contact: cathy@cathygoodwin.com 505-534-4294

GM Extended Warranty - Whats In It?

Filed under: Car Transport — admin @ 5:28 pm

An extended warranty is a contract between you and a service provider. Many people purchase extended auto warranties to shield themselves against the costs resulting from mechanical breakdown or failure to their vehicle. The extent of coverage, benefits, and terms of payment are particular to each individual contract. An auto extended warranty give you’re the right level of coverage. Although the main advantage of obtaining a car warranty is to avoid high costs of automobile repairs, many plans come with additional benefits.

You can buy warranties that are specific to the manufacturers. For example, you can buy a GM extended warranty. All GM cars and trucks have a full manufacturer’s warranty for a term of 3 years and 36,000 Miles. The GM Warranty is transferable at no cost to an unlimited number of owners. Roadside assistance is also provided during the basic warranty period. If you want more protection than this, you can get a GM extended warranty that covers your vehicle after the manufacturer’s full warranty ends up to 100,000 miles if you choose.

A GM extended warranty covers almost every major component on the vehicle. Usually, a GM extended warranty will also include roadside assistance and rental vehicles. Another feature on a GM extended warranty is that it begins the day you purchase it, not from the original in-service date. This means you get use of the GM extended warranty for the full term represented. A GM extended warranty can be used at any GM dealership or licensed repair garage.

A GM extended warranty provides you with comprehensive coverage that gives you the peace-of-mind when driving a GM. You don’t have to worry about your GM vehicle if your original warranty is up. Say you are driving your GM for four years, it overheats, and your original, 3-year warranty is up. If you have a GM extended warranty, it’s not a problem! Just take your vehicle to a GM dealer or a GM-licensed repair garage, and your car will be worked on and fixed under warranty.

The small cost for this added benefit is nothing compared to the peace-of-mind you will have knowing your vehicle is covered.

R. Palkra has spent over 40 years in the automotive industry, and knows the “in’s and outs’ of the system. Now retired, his mission is to spread his knowledge, and help educate others, so they are armed with the information they need. You can find out more, voice your opinion, and share your experience at www.extendedwarrantyreviews.com/blog/