I briefly worked at Nordstroms after getting fired from a 5 star French restaurant back in the 80's before I went back to school
I needed a job, and I knew somebody, so there I was.
2. Nordstroms is ALL about sales and how much you sell, and I was always in the top 3 for my department, which was Men's Furnishings....so, shirts, ties, belts, braces (fancy speak for suspenders...it was the 80's, so those were in) etc.
How'd I do it?
Easy.
3. I asked every customer after they figured out what they wanted how their sock and underwear drawer looked.
And, about half the time (!!!) they would say 'Oh, YES! Thanks, man. I need to get some more of those.'
Reminds me of the last time I went to BevMo.
4. She asked if I needed ice when I was checking out.
I didn't, but asked her about how many people said 'yes'.
'2 out of every 5'.
60 people pass through their register an hour.
Do that math on selling WATER.
5. Think about how you can apply this to your business over the weekend.
Oh, and I was absolutely terrible when some lady would come in and tell me her husband was a 'winter', and would he look better in the peach or the pink shirt.
6. I had to break it to her that her husband wanted white shirts, blue shirts and OCCASIONALLY, a white shirt with blue stripes.
He most CERTAINLY did NOT want a @#$!#@ pink shirt!
Anyways, learn to put upsells in your business if you can.
Almost pure profit.
BTW, I'm sure you're wondering what I got fired for.
Insubordination.
I know....shocking, right? 😂
I learned the hard way not to argue with the boss....especially in front of the clients.
And, of course, now I'M the boss, so one can fire me!
Oh, and I was right, BTW....
No one can fire me.....it's supposed to say no one.
SMH.
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1. How to Strategically Convert Your Traditional IRA or 401K to a Roth IRA Part One:
First off, in this thread, I'm going to explain briefly what a Roth IRA is and why you might want to convert to one, and then in the next thread, I'll show you the most efficient way to do it.
2. So....what exactly IS a Roth IRA?
Well, there are 3 phases of taxation on your money if you're saving for retirement:
1. The Contribution phase 2. The Accumulation phase 3. The Distribution phase
3. With good tax planning, you can save taxes on 2 of the 3 phases.
With a traditional IRA, SEP plan, 403b or 401k, you save money on the first 2 areas:
You don't pay taxes on your contribution, and your money grows tax free.
2. In this part, I'll toss out a few more tips, and then tomorrow or Friday, I'll wrap up with how to avoid getting audited.
Here are a few more questions to ask a tax professional that you're thinking of using:
3. Question #11
Are your returns computerized?
Seriously, this isn't the dark ages, and manually prepared returns CAN be more likely to get flagged because people can't do math to save their lives anymore.
So, you want someone who uses computer software to prepare your stuff.