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Let''s not pretend that third world debt is about wise investment of borrowed money in order to develop a country''s economy more quickly. If it were so, the countries which borrowed the most would be the ones doing well. Without getting into statistics, I''ll just point out that debt is more often hurting these economies than helping them. Debt is there, though, so what can be done about it?Third World Debt RenunciationTo suggest that countries should renounce their debt may sound too radical at first, but lowes hardware and lumber not once you understand the nature of international debt. with the guise of helping to develop a country''s resources, the world bank or various governments loan money to a third world government. lenders usually don''t want just to make interest, but also to develop something that will benefit them, like oil or lumber resources they need. also, it is commonly expected that companies from the lending countries will get large contracts for various development projects.
mistake # 4 : okay, the yellow pages. let’s take a look in the yellow pages and see how many other trillions of carpenters there are. which ones stand out? definitely not the tiny ad in the corner. probably not the one-liner. and as a start-up, that is all you would be able to afford. for the one or two clients per year this would bring you, it is better to wait until your marketing budget can afford to buy large, extravagant and eye-catching ads.mistake # 5 : $600 for a website and domain name? a website and domain name before a marketing plan? this scenario is already causing headaches for those of you “in the know”. best idea, design your hardware own website for free if you can. second best, get a friend or relative to design it for free. third best, pay a minimal fee for the complicated stuff and the rest can be done by yourself and a relative. only if no one in the world can help you, do you want to hire a professional to do the whole thing for you. and when you do, try and get it on 30 or and 60 days post. that way, their new website will be generating money for you before you pay. if you do pay upfront, and can’t get around it, ask if they do free updates. you are guaranteed to change a thing or two, probably at least once a week as you test out your new site. if you pay $600, it had better be a good website – because your entire marketing budget just paid for it.
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