Pawn Shop Advisor Blog

Over the weekend I received several interesting replies about the message I sent out about the aggressive and innovative carwash owner in my area. I hope you enjoyed this message and understood its underlying theme. That being, any business owner will benefit greatly from keeping their eyes open and seeing what new ideas they can implement and apply to their business - no matter what type of business the idea came from. But one reply I got on this message was different - very different.

Posted in: Pawnadventure  |   Views: 30   |   No Comments

Yesterday I spent most of the day returning messages left for me over the weekend. In the afternoon I had a conversation with one of my clients and I feel you may benefit by telling you what we discussed. That's because, during this busy season he's been driving his employees nuts. And the thing is, it can all be avoided.

Posted in: Pawnbroker Rants  |   Views: 27   |   No Comments

While in the office this week I gave a rather lengthy radio interview on a nationally syndicated show about my book Pawnonomics http://pawnonomics.com/ and even though I've given dozens of these interviews since the book came out earlier this year, this one was different. This radio host was a delight to work with. He had obviously read the book, and because he does a small business related show, he was also very savvy about different forms of consumer credit.

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I'm in the office this afternoon doing a little cleanup work, and one thing I did today reminded me of one of your skills. Yes - I'm well aware of how skilled you are - but this skill is something that you most likely take for granted. How do I know this? Easy. Because most every pawnbroker I've ever met who is worth his salt takes this same skill for granted.

Posted in: Business Systems  |   Views: 33   |   No Comments

In my office this morning I sent out the message below to people on my list interested in receiving tips for pawn shop employees by the Pawn Shop Performer(tm) coaching program.  Even though you may not be on this list, I believe that you and your employees may benefit by the message.

Posted in: Pawn Shop Employees  |   Views: 36   |   No Comments

I am back in the office today after an extended weekend in Detroit. While in the Motor City, I had the opportunity to do one of my favorite things. That being - sitting in my father-in-law's den, talking business with him. It truly is a remarkable experience. I think you may enjoy my sharing a small portion of the conversations we had. That's because when my father-in-law speaks it makes me want to take notes. I do.

Posted in: Pawnbroker Rants  |   Views: 32   |   No Comments

This morning I had the opportunity to speak with a long time friend of mine. This gent has known me for many years and our friendship goes well beyond being mere acquaintances. He asked me what I was doing and I told him I had just finished a book along with a cup of coffee. When he asked what I was reading - and I told him - he just groaned.

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The past couple of weeks there has been a lot of scrambling going on in the world of Internet marketing, and in case you make any claims about your pawnshop on your website, this is something you should know about. The FTC in the United States has a new set of rules they will be going by starting next month in regards to Internet marketing.

Posted in: Business Systems  |   Views: 38   |   No Comments