Showing posts with label ferrari. Show all posts
Showing posts with label ferrari. Show all posts

Wednesday, May 27, 2009

Sales ideas

I was thinking how some companies could grow their business during a recessionary economy...

How about luxury car suppliers teaming with sales managers to help drive sales performance?

The sales person could choose a vehicle & create a sales target programme that will motivate them to achieve a higher target &  get them into a classy vehicle of their choice.

This is an example where teams could co-operate to create synergy & win-win-win outcomes.

Thursday, April 12, 2007

Protecting the biggest asset


Did you see the news story about Eddie Griffin, a comedian from the U.S., who wrecked a rare Ferrari Enzo estimated to be worth NZ$1.69 million?

It made headlines around the world.

A person who owned something worth NZ$1.69 million would insure it right?

Wrong!

There are many people who will earn over $2 million in their lifetime and haven’t protected it with insurance. For instance, a 40 year old on $55,000 p.a. whose salary increases by 3% p.a. will earn over $2 million by the time they turn 65.

The biggest reason people don’t insure their income is the perceived cost. However, using a small percentage of the income to protect future income is a much smaller cost than losing future earnings due to sickness or injury.

Like the owner of the Ferrari Enzo, you never know what’s round the corner.