"Success and failure are both difficult to endure. Along with success come drugs, divorce, fornication, bullying, travel, meditation, medication, depression, neurosis and suicide. With failure comes failure."Joseph Heller
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How To Get Started In Preconstruction Investing?
Through our website, GetPreConstructionDeals.com, the mostcommon question that we receive is “How do I get rapidly startedin preconstruction investing”. Realistically, you only need totake three steps on your path from being a “beginner”preconstruction ...
Real Estate Investing Spy Secrets
I bet your wasting a lot of time and money on your real estate advertising that could be better utilized. What if I told you of a way to know exactly how to spy to see what you're competitors are doing so you can outshine them every day of the week? ...
When to invest in the Stock Market
Is really not as important as to how you invest in the stock market. And how you invest in the stock market should take into consideration what goals you are setting for that stock market investment. For example, are you investing for capital ...
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1.Start with a good business plan (you don't have to hire a professional to do this for you, you are the entrepreneur, you have the ideas, so you can make your own business plan! You just perhaps need a guide on how you will present it. There are many free information available on the internet on how to do this!!) & proper registration, paper works for your business (you may contact your county's Small Business Administration Office, they provide free consultation, guidelines and information on how to register your business!)
2.By now, you should know what software to buy (at least, that would be the software you are experienced and familiar with) ---but DO NOT buy it yet!
3.You must market your medical billing service first before you purchase that software (it is safer to have a client first in hand before you make the purchase, this way, you're sure you have a client before investing on the software--- they're expensive!). I suggest, you contact your own doctor & specialists that you visit, and your friends who are in the medical field who trust you and knows what you do
4.Find your first client. How are you going to do this? In the yellow pages, insurance companies website (you can access many of insurance companies' doctors' database even if you are not a member of that insurance company) and your friends in the medical field. Looking at the job ad in the newspaper or on any internet job site who needs medical biller is also a good prospect!
5.How do you market it? Send out newsletters, pens, calendars or any give-aways to the doctor's office. But remember, it is best to convince the office manager about your service! Believe it or not, newsletter I think is most effective. Give them something they can read that shows them beneficial to their practice, especially on their cash-flow crisis!
6.Offer your prospect the most competitive rate (anyway, you are still starting and you need to prove your work-quality as a start-up business! - break even for the first 3 months is just logical)
7.Here's the most important thing (if you can do it) --- upon signing of "service contract", ask for a start-up fee (to set up their practice' database in your server) of at least $500.00. This will then be refunded to them on their 3rd and 4th invoice. If you send your invoice every two weeks, you will refund this start up fee on the 7th and 9th week (that's approximately after 2 months!), fair enough? Right?
8.You have now a cash-on-hand of $500. It's time to contact your billing software reseller and purchase the software. Let them guide you how to set up the software (this is easy to do!). If the software will cost you $1,000, you only had to pay $500 out-of-your pocket for that software because you have already collected $500 as a start-up fee from your 1st client.
9.Set up your client's database on your billing software (you can upload their database and download it on your system!---take note of compatibility of their software!). Or if not, set it up, manually.
10.Start processing claims immediately!, deliver results! collect their money and make your provider very pleased with your service!
The above 10 smart ways are just my ideas. Trust no one but yourself. You can not imagine you can be victimized by scams! Read more, get more information. Remember, knowledge is power! There are no shortcuts to success!
About the author:
About the Author: Pinky Mcbanon is a Systems Engineer and a Medical Biller/Coder.
She shares her medical billing and coding expertise with http://www.medclaimsplus.com and her technical support expertise with http://www.fix-exchange.com.
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 PepsiCo Investing $3 Bln In Mexico Over Next 5 Years (Fox News)
PepsiCo Investing $3 Bln In Mexico Over Next 5 Years
Focus Is On Regulatory Weak Spots, Risky Investing (Channel 8 San Diego)
World leaders edged closer to an agreement Saturday that would flag risky investing and regulatory weak spots as President George W. Bush welcomed the progress at an emergency economic summit.
Investor's Corner: Grasp Of Cycle Is Crucial To Savvy Investing (Investor's Business Daily via Yahoo! News)
In "The Art of War," the ancient Chinese strategist Sun Tzu wrote that if you know your enemy and yourself, you will prevail. If you know yourself but not the enemy, the odds are even. If you know neither yourself nor the enemy, then all your actions are at risk.
Income-Stock Opportunities, Perils of Index Investing: Financial Advantage's Martin Interviewed on MoneyShow.com (Marketwire via Yahoo! Finance)
The much-touted index approach to investing doesn't work in today's risky markets, but high-dividend stocks offer a great opportunity, Michael Martin, president of Financial Advantage in Columbia, Md., says in video interviews from MoneyShow.com.
Buffett and the Perils of Distressed Investing (New York Times)
Even Warren E. Buffett gets cut trying to catch a falling knife. The Oracle of Omaha was hailed for his ability to drive a hard bargain when he invested $5 billion in Goldman Sachs in late September and $3 billion in General Electric , two investments that failed to stem the plunging of their stock prices.
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