Posts Tagged ‘product’

Here in the U.S., the Anxiety and Depression Association of America estimates that anxiety affects 40 million adults – that’s 18% of the entire population. Anxiety is now the most common mental illness in the country.

Product innovation oriented around anxiety (encompassing stress, mood, and sleep) spans nearly 30 different categories, including chocolate, yogurt, air fresheners, fabric conditioners, and skincare.

The more products we buy to treat anxiety, the more we’ll think about our anxiety…  And that’s not healthy.” -The Crux

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“You’ll never guess what’s leading consumer debt higher now, at this stage in the cycle… mortgages… specifically, a new type of Fannie and Freddie mortgage product. It’s called ‘The Conventional 97’. It only requires a 3% down payment.

What’s ‘conventional’ about this kind of loan? Nothing, of course. No private lender would ever make a loan like this where the lender is taking all of the risk.” -Porter Stansberry

“Don’t ever quit.  You’ll succeed if you have delighted customers.  Don’t settle for satisfied.  Have that person thinking ‘I’ve never had a better experience with a human being’ and they’ll be back to buy your product.” -Warren Buffett

“The financial industry is very good at three things:

  1. Inventing financial products that are difficult to understand
  2. Hiding the fees they charge their customers
  3. Making sure they get paid even if their customers lose money.”

-Mark Ford

“There are basically three types of salesmen: the bully, the charismatic, and the invisible man….  The best seller is the invisible salesman.  He focuses your attention on the product/service and the benefits it provides you.  Attending to your interests and reactions, he tailors his presentation to meet your wants, beliefs, and feelings.

When you’re in the presence of an invisible salesman, you may forget about him completely because you’re so excited about what you are about to buy.” -Mark Ford

“Success is always a product of hard work, long hours, the ability to focus, marketing know-how, and the will to carry on when faced with any obstacle.” -Mark Ford

“I am not a product of my circumstances.  I am a product of my decisions.” -Stephen Covey