By Scott Spoerry
WASHINGTON (CNN) -- The U.S. economy's growth rate will pick up over the rest of 2011, to nearly 3 percent, according to projections presented to Congress Wednesday by Federal Reserve Chairman Ben Bernanke.
In the Fed's twice yearly monetary report to Congress, Bernanke said in prepared testimony that growth in the first half of the year slowed from an annual rate of 2-3/4 percent in 2010 to only 2 percent so far this year. But the Fed chairman said the combined assessment of the Federal Open Market committee is, "that the pace of the economic recovery will pick up," adding that the "central tendency" of the FOMC projections is for growth of 2.7 to 2.9 percent annual growth over the full year (which implies an even higher growth rate for the second half of 2011 by itself).
"Notably better performance that we have seen so far," which includes a projection of 3.3 to 3.7 percent growth for 2012, is the way Bernanke described the economy for the medium term.
The Fed says the latest unemployment data attests to the weakness of the labor market and forecasts an unemployment rate of 8.6 to 8.9 percent for the fourth quarter of this year, with a reduction to 7.8 to 8.2 percent at the end of 2012 and 7.0 to 7.5 percent by the end of 2013.
Thursday, October 27, 2011
Monday, October 17, 2011
Why Selling in The 4th Quarter is So Important!
Sales Tip of the Week from Mike Leeds – Pro Sales Coaching
Article Link
The sales year has 4 Quarters in it – and the 4th Quarter is the most important of the year. "Q4" is the quarter that has a double-impact to your performance.
First, consider that sports coaches always teach their players to compete until the end of a play, a game, or a season. Many sporting events are not won until the last minute, or play of the game. Yogi Berra's famous quote "It's not over 'till it's over" not only applies to sports but sales as well.
From a sales perspective – give your maximum effort until the last day of the year. Let your competitors coast through the holiday season. This is the quarter that sales performers will usually dramatically impact their annual performance and commission for a strong finish. I have also found that it is a great time to get in front of decision-makers, and some of your customers may even have budget money available that expires at the end of the year. Even if you find yourself behind your quota going into Q4, stay focused on a strong finish.
Second, it is also a critical time to lay the ground-work for a successful start to the next year. Our performance in the first quarter of 2012 will be traced to our activities in this final quarter of 2011. Many of us have longer sales cycles, so let's get a start on building a strong pipeline (or funnel) of projects now! Coasting now, may seriously impact your sales performance into the New Year.
So, compete to the end of the year, or as they say in football "until the whistle blows." This will not only help you in 2011, but also help you set the tone for a successful 2012!
I started this site to help others with tips in Sales, Telecom-Renewable Energy awareness. Contact me Tradd Duggan , LinkedIn profile. To Network, possible Sales openings your company may have or more information.
Wednesday, October 12, 2011
Sales Success Strategies For a Social & Mobile World
Where is Social Media Going
Selling Power Article Link
Social media and mobile sales have changed the way we relate, communicate, and conduct business. Eric Qualman, the author of the bestselling book, Socialnomics, said it best, “We don’t have a choice whether we do social media; the question is how well we do it.”
Let’s look at the facts: Only 14% of people trust advertising; 93% of marketers use social media for business. Big Shift #1: we’re moving from customer relationship management (CRM) to customer engagement management, aka Social CRM. Tech research firm Gartner predicts that by 2012 the Social CRM market will be more than $1 billion with 100+ companies competing for this rapidly growing pie. The three leading vendors are Jive, Salesforce, and Lithium.
If you’re still unclear about how to approach sales success strategies in a social and mobile world, picture your office water cooler going global, enabling B2B sales conversations in real time, 24/7.
Here are the numbers:
175 million users log on to Facebook every 24 hours.
65 million access Facebook through a mobile device and they share 30 billion (billion!) pieces of content every month and that number includes 3 billion photos and videos.
84% of Internet users watch videos online.
YouTube visitors watch 2 billion videos every day.
LinkedIn attracts one new member every second.
Econsultancy reports that over 25 billion tweets were sent last year.
Selling Power Article Link
Social media and mobile sales have changed the way we relate, communicate, and conduct business. Eric Qualman, the author of the bestselling book, Socialnomics, said it best, “We don’t have a choice whether we do social media; the question is how well we do it.”
Let’s look at the facts: Only 14% of people trust advertising; 93% of marketers use social media for business. Big Shift #1: we’re moving from customer relationship management (CRM) to customer engagement management, aka Social CRM. Tech research firm Gartner predicts that by 2012 the Social CRM market will be more than $1 billion with 100+ companies competing for this rapidly growing pie. The three leading vendors are Jive, Salesforce, and Lithium.
If you’re still unclear about how to approach sales success strategies in a social and mobile world, picture your office water cooler going global, enabling B2B sales conversations in real time, 24/7.
Here are the numbers:
175 million users log on to Facebook every 24 hours.
65 million access Facebook through a mobile device and they share 30 billion (billion!) pieces of content every month and that number includes 3 billion photos and videos.
84% of Internet users watch videos online.
YouTube visitors watch 2 billion videos every day.
LinkedIn attracts one new member every second.
Econsultancy reports that over 25 billion tweets were sent last year.
Tuesday, October 11, 2011
Top Denver-Boulder Colorado Renewable Green Energy Recruiters, Job Hunting, Career Driven or Sales Opportunities, This Is Where To Find It!
Where To Look & Who Can Help?
While this Industry is ever changing and growing rapidly in Colorado, so is the need to fill positions through various outlets in the Solar, Wind and Energy fields. Where to look you might ask? First you have to decide on the field you're looking into, the position you might fight into and most importantly, who can help.
Take a look at some of the name we came up with to help and see if they can't point you in the right direction:
GRN Global Recruiters of Boulder also specializes in Green Energy jobs and can help you!
Energy Alternative Sources can provide you with all the much needed support you may be looking for!
*To get added or to Update us with your Recruiting offices for others to checkout, send us your information to Milehighsolar@hotmail.com
Contact me, I'm open for Networking and Job Opportunities!
My LinkedIn Profile
Contact me, I'm open for Networking and Job Opportunities!
My LinkedIn Profile
Friday, October 7, 2011
Colorado's Tech Industry Takes a Hit!
Colorado lost 5,300 tech industry jobs in 2010, mostly as telecommunications and engineering services companies cut back, according to the TechAmerica Foundation annual census.
The Washington D.C.-based trade group released its Cyberstates report at 10:01 p.m. MDT Tuesday.
TechAmerica, formerly known as AeA, has measured technology industry employment using U.S. Bureau of Labor Statistics data for 14 years.
Colorado’s high-tech workforce totaled 156,900 in 2010, down 3.2 percent from the 162,200 counted in 2009, the report said. The average private sector tech worker in Colorado earned $90,800 in 2010, which is 96 percent more than the average private sector wage in the state.
The Washington D.C.-based trade group released its Cyberstates report at 10:01 p.m. MDT Tuesday.
TechAmerica, formerly known as AeA, has measured technology industry employment using U.S. Bureau of Labor Statistics data for 14 years.
Colorado’s high-tech workforce totaled 156,900 in 2010, down 3.2 percent from the 162,200 counted in 2009, the report said. The average private sector tech worker in Colorado earned $90,800 in 2010, which is 96 percent more than the average private sector wage in the state.
Wednesday, October 5, 2011
Colorado's Level 3 Communications Completes Acquisition of Global Crossing
Level 3 Completes Acquisition of Global Crossing
Combination meets customers' local, national and global communications needs - Combination provides service over 165,000 intercity, metro and subsea fiber route miles with presence in 45 countries - Pro Forma 2010 revenues of $6.2 billion and 2010 Adjusted EBITDA of $1.3 billion, $1.6 billion including expected synergies - Announces plans to transfer listing of common stock to New York Stock Exchange, will implement reverse stock split
BROOMFIELD, Colo., Oct. 4, 2011
/PRNewswire via COMTEX/ -- Level 3 Communications, Inc., LVLT +5.28% today announced that it has completed its acquisition of Global Crossing Limited. The transaction was structured as a tax-free, stock-for-stock exchange. The company also announced that it will conduct its business on a worldwide basis using the Level 3 Communications name with a new brand identity that incorporates elements from both companies, representing their combined strengths. In addition, the company announced plans to transfer the listing of its common stock to the New York Stock Exchange (NYSE), and expects to begin trading on the NYSE on Oct. 20, 2011, under its current ticker symbol "LVLT". The company will continue to trade on the NASDAQ Global Select Market until the transfer is completed. In conjunction with listing on NYSE, the company will affect a 1-for-15 reverse stock split of the Level 3 common stock.
I started this site to help others with tips in Sales, Telecom-Renewable Energy awareness. Contact me Tradd Duggan , LinkedIn profile. To Network, possible Sales openings your company may have or more information.
Combination meets customers' local, national and global communications needs - Combination provides service over 165,000 intercity, metro and subsea fiber route miles with presence in 45 countries - Pro Forma 2010 revenues of $6.2 billion and 2010 Adjusted EBITDA of $1.3 billion, $1.6 billion including expected synergies - Announces plans to transfer listing of common stock to New York Stock Exchange, will implement reverse stock split
BROOMFIELD, Colo., Oct. 4, 2011
/PRNewswire via COMTEX/ -- Level 3 Communications, Inc., LVLT +5.28% today announced that it has completed its acquisition of Global Crossing Limited. The transaction was structured as a tax-free, stock-for-stock exchange. The company also announced that it will conduct its business on a worldwide basis using the Level 3 Communications name with a new brand identity that incorporates elements from both companies, representing their combined strengths. In addition, the company announced plans to transfer the listing of its common stock to the New York Stock Exchange (NYSE), and expects to begin trading on the NYSE on Oct. 20, 2011, under its current ticker symbol "LVLT". The company will continue to trade on the NASDAQ Global Select Market until the transfer is completed. In conjunction with listing on NYSE, the company will affect a 1-for-15 reverse stock split of the Level 3 common stock.
I started this site to help others with tips in Sales, Telecom-Renewable Energy awareness. Contact me Tradd Duggan , LinkedIn profile. To Network, possible Sales openings your company may have or more information.
Monday, October 3, 2011
Sprint Rolls out 4G and Iphone
Sprint Rolls Out Iphone & Spends $20 billion on 30 Million Iphones
Link Robert Cheng CNET
Sprint Nextel said today that it plans to aggressively rollout its own 4G LTE service next year as it looks to avoid falling behind in the network race.
Sprint plans to launch its next-generation network that will 120 million people by the end of next year, and wrap up with coverage of 250 million people by the end of 2013. The company confirmed 15 LTE devices will be available next year, with the first to launch by the middle of summer, CNET previously reported.
"There will be an aggressive rollout of LTE," said Steve Elfman, head of network operations for Sprint, during the company's investor presentation today.
By moving on its own, Sprint will be able to move to LTE--a newer, and speedier wireless technology--quicker than if it relied on Clearwire, which currently furnishes it with an older 4G technology called WiMax. Clearwire has opted to make the switch to LTE as well, but is still seeking financing for its upgrade.
Washington Post Recap on Sprint's Iphone Reach
By Hayley Tsukayama
It’s a hallmark of the tech rumor that the closer you get to a product launch, speculation splits into two genres: the cautious and the wild-eyed.
In the second camp Monday comes the latest news from Boy Genius Report. Citing an “incredibly solid industry contact” that BGR doesn’t quite seem to believe itself, the source said that Sprint — and only Sprint — will get an iPhone 5 at launch, while Verizon and AT&T will get the iPhone 4S. Not only that, the report says that the new device will have a larger screen, more storage, have a dedicated Assistant button, and that it will be a 4G WiMax phone and that AT&T and Verizon will sell LTE-enabled iPhones next year.
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