Saturday, June 11, 2011

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Wednesday, March 2, 2011

7 Successful Internet Marketing Tips

There have been plenty of theories about how to establish yourself in a promotion world, something that will generate memories for customers with the intent of making them come back for more of whatever it is that you are are promotion. It takes much over a pleasant smirk as well as a thank you. This is true in the event you are promotion on the net in lieu of face-to-face in a brick & mortar store.



one.   Taking risks - get attention.  Step outside of the norm as thoughts & designs go, try something new in your promotion strategies. It is imperative you get your plan to include "how to find people" because people is your business.

one.  Use something more. I do know of company that has a home service business that advertises they will send an e-mail with the picture of the man to neat the carpet (or whatever). They say that if the picture doesn't match the person at the door, don't open it. That is working well.





six.  Explore new ways to promote. Your largest challenge is how to find people (customers) for your business. This has been a giant challenge for everyone. A local radio station makes up a local news handout & drops about a half dozen or so to the local restaurants. All those breakfast eaters read that stuff. That handout has probably a dozen tiny ads of local businesses. You are not local in this sense, but it is an idea.



two.  Write your personal story & put it in blogs & articles. There's plenty of different systems that are available for you. "Blogger" & "Wordpress" come to mind for blogs & "Articles Base" & "Go Articles" are nice places for articles. Articles are a tiny tougher to get published because of a tiny more stringent rules, but go in & read about them. One time you know the rules, the game is simple.



six.  Become an authority in your field. You may not think so, but as I said above, one time you know the rules, it becomes simple. A simple "how to" do something that you already know is an excellent start. That secret of yours about vinegar being an excellent cleaner for removing coffee stains, or possibly the tip about using of those dryer sheets will put an finish to the windshield of the automobile fogging up on that rainy morning. Be the authority.

6.  Give something back, or give it away to your reader. I did that one time in the above paragraph. Be gracious along with your inside secrets or tips. Tell em up front that you have something special they can use in your "thank you for your purchase" e-mail. Then --- DO IT!





7.  Know when to quit! Pre-determining a factor for making the decision to cease that particular thing & try something new is a great idea. Don't wear out your welcome! If the customer does come back for more, I don't think I would turn them down but I might refer the order to someone else, preferably someone in your downline. Finish it while you are still ahead.

Think experience is the best teacher? Not true! Other people's experience is the greatest teacher

Tuesday, March 1, 2011

How to Become a Successful Online Entrepreneur

For a start let us take a glance at the dictionary definition of entrepreneur. I think they must be clear about what exactly an entrepreneur is before going any further.

There is no doubt that plenty of people would like to know exactly how to become a successful online entrepreneur

So there is no confusion here. It is clear. In case you start your own business you are an entrepreneur but it does appear to must also include an element of risk.

Cambridge dictionaries online define an entrepreneur as somebody who starts their own business, when this involves risks

You could argue that any new business involves risk & that is definitely true, but successful entrepreneurs are willing to take much greater risks than your average new business starter

How exactly do you become a successful entrepreneur?
Well that has to be the million dollar query. If there were a prescribed & reliable formula, they would all be multi millionaires. There would be no risk & so paradoxically, perhaps no more entrepreneurs!

There's definite characteristics that successful entrepreneurs appear to possess, such as total dedication.

So what drives an entrepreneur & what makes them different to most other people? What is their vision compared to mere mortals?

Entrepreneurial qualities
You could say that any person willing to toil away at their own business is an entrepreneur but it's to be over that. Plenty of people try unsuccessfully to make it on their own, & plenty of, in fact most fail, often giving up because their efforts do not produce the hoped for results quickly

For definite there's a few qualities all of them share & without them, they would probably not be entrepreneurs

The true entrepreneur is remorseless in the pursuit of their aim. It is as much about achievement as it is about money but the money, as you might guess, is the actual proof of success.

Entrepreneurialism has making money at its heart but the means to achieving this is  incidental.

You could sum up the major qualities of a successful entrepreneur as follows

A successful entrepreneur thinks outside the box & is seldom satisfied with mediocrity in any part of their life

The journey will be determined by its likelihood of success, not because it is enjoyable or laudable (although it might be either or both). Ultimately the enjoyment is in the success

A successful entrepreneur is not necessarily obsessive, but is highly motivated & committed to achieving their aim

All successful entrepreneurs leverage the efforts of others. This is a lovely & beneficial thing as long as it does not involve exploitation

No hindrance (short of death possibly) is difficult to overcome. Where there is a will, there is a way. It is all in the mindset!

There is no giving up even when the way is fraught with setbacks. Expect them

The successful entrepreneur will do whatever it takes to reach the aim even if it means beginning again

The successful entrepreneur must be able to handle both risk & stress. If not, burn out is likely

So where does that leave you?
It seems clear that the entrepreneur is a special breed

Is it your purpose to become or are you already an entrepreneur?
Do you think you have at least a number of the above qualities? You will probably require all of them unless you happen to get lucky in some way
Are you or have you already been successful? This will help

The new Entrepreneur
I think a brand spanking new breed of entrepreneur is emerging. They have all the necessary qualities of determination but are of a different mindset & they require success quickly. Most of their business is conducted online often utilising powerful program & the opportunities provided by Web two.0 (at least at the time of writing)

But it is not making money for plenty of of them. Plenty of are also dedicated to helping others & often set up & fund special projects to accomplish this. This is not a show of wealth but a actual act of benevolence

With this in mind, perhaps there is an additional quality they ought to be adding to our list of what it takes to become a successful entrepreneur

The new successful entrepreneur is most likely an online operator because it is over feasible to have a great deal of success, even working from home

Sharing success with others, & with those whose lives are deprived or impoverished compared to our own

The secret of how to become a successful online entrepreneur is simple. You require a proven method that can basically & quickly be tapped in to where all the hard work has already been done for you. You buy in to the ride

The risks are much smaller working online & it is a comparatively cheap start-up compared to most traditional businesses

I would not involve myself in any other kind of business. Why bother when it takes no more hard work to make a thousand dollars than it does to make a hundred

There's plenty of offers available but the best solution has to be a top tier, high ticket, business in a box, with a maximum commission of around $1000 thousand dollars).

Monday, February 28, 2011

Entrepreneurs & Business Top 10 Business Celebrity Entrepreneurs

These popular programmes have launched the media careers of their programme panel members, speedy tracking lots of of them in to the list of top ten business celebrity entrepreneurs.

In relation to entrepreneurs & business top ten business celebrity entrepreneurs the recent rise of entrepreneurs & business has without a doubt been fuelled by the popularity of TV business programmes like the Dragons Den & Alan Sugar The Apprentice.

Business enterprises promoted by celebrities have been a subject for discussion for some time.

Entrepreneurs & Business Top ten Business Celebrity Entrepreneurs outlines widely known global entrepreneurs.

Celebrities have shown their enterprising instincts in lots of in different ways and lots of of them have gone beyond endorsing products which had at best historicallyin the past been a trend.

This discussion about entrepreneurs & business ought to act as an inspiration not only to aspiring celebrity entrepreneurs, but also to other prospects who intend to make use of their entrepreneurial skills to become successful entrepreneurs.

The list of top ten business celebrity entrepreneurs includes the who is who of celebrities. Lots of of these celebrities have created prospering enterprises without any formal training in business management and have launched successful and innovative products and services.

Entrepreneurs & Business Top ten Business Celebrity Entrepreneurs #1 Steven Spielberg

Steven Spielberg who co-founded Dreamworks tops the list. His film business has generated millions and millions of dollars at worldwide box offices.

Although they has not graced our TV screens in programmes like the Dragons Den or Alan Sugar The Apprentice Steven Spielberg is recognised globally as a celebrity entrepreneur known to push the boundaries in film production.

Entrepreneurs & Business Top ten Business Celebrity Entrepreneurs #2 Hugh Heffner

They is known to have provided business help, business management, consultancy and business development to other aspiring business entrepreneurs.

Hugh Heffner was born in to a relatives of farmers. Heffner launched a journal which was later named Playboy which has since sold millions of copies.

It is fascinating to know that Heffner started with only $8000 which they raised from investors. Hefner is recognised globally through his Playboy brand which expanded on the preliminary journal through shrewd business management, consultancy and business development to include multiple other revenue generations streams the most famous of which is the Playboy TV channel.

Entrepreneurs & Business Top ten Business Celebrity Entrepreneurs #3 Sean Combs

Sean Combs launched the clothing brand Sean John clothing which generates a business turnover of over $400 million globally. Sean is recognised as an entrepreneur who founded his empire on a solid foundation of top quality business management and business development.

Entrepreneurs & Business Top ten Business Celebrity Entrepreneurs #4 Tyra Banks

Tyra Banks became famous after hosting the famous tv show America's Next Top Model and Tyra Banks Show. He is known to provide business help and support to other aspiring entrepreneurs.

Entrepreneurs & Business Top ten Business Celebrity Entrepreneurs #5 Kathy Irelan

Kathy Irelan is recognised globally as a famous model. Her business development initiative of finding solutions for families and busy mothers was received well by the market.

Irrespective of your geographical location, you are probably aware of the rise of Bill Gates whose business development idea revolutionised the personal computer market.

Entrepreneurs & Business Top ten Business Celebrity Entrepreneurs #6 Bill Gates

Lots of people think they ought to have been the person of choice to front the American version of Alan Sugar the apprentice hosted by Donald Trump.

Gates has become a true global celebrity entrepreneur. It's been widely reported that Gates has provided business help, business management, consultancy and business development to aspiring entrepreneurs and charitable organisations.

Richard Branson's Virgin Empire is of the world's most recognised brands which hosts about 300 business companies under its business development umbrella.

Entrepreneurs & Business Top ten Business Celebrity Entrepreneurs #7 Richard Branson

Entrepreneurs & Business Top ten Business Celebrity Entrepreneurs #8 Steve Jobs

Branson is also well documented for his desire to give something back and as such lots of aspiring business entrepreneurs have benefitted from his business help, business management, consultancy and business development.

Steve Jobs created a business information know-how revolution by launching Apple computers with the first graphical user interface of its kind.

Although the Apple brand struggled and lost its way sometimes, through laser focussed business management, consultancy and business development it's resurfaced as of the world's most trusted business brands.

Entrepreneurs & Business Top ten Business Celebrity Entrepreneurs #9 Oprah Winfrey

Oprah Winfrey is widely known for her tv shows and her net worth is estimated to be around $2 billion.

Entrepreneurs & Business Top ten Business Celebrity Entrepreneurs #10 Donald Trump

Donald Trump is admired the world over by aspiring business entrepreneurs. His glorious rise to fame as the world's best known actual estate owner was brought to the forefront of the global media after the crash of International actual estate.

Trump owed the banks a lot funds they felt they could not close him down. Deserted by the business fraternity lots of of whom they had helped and provided financial and business support to they resurfaced even stronger.

To audiences worldwide they is recognised as the main focus of the USA version of Alan Sugar the apprentice TV programme.

What is fascinating is that although most of the above entrepreneurs started with next to nothing, not lots of of these celebrities availed business consultancy services from a relatives business consultant. They focussed on their vision and had a detailed action plan which was followed with the right business development strategies.

Lots of business people will hold a different opinion on which order the above top ten business celebrity entrepreneurs ought to feature. My aim was not to list them in any order,  to list them together as the driving force of the top ten business celebrity entrepreneurs.

However as their business empires have grown every of the above celebrity business entrepreneurs are known to employ the best business development consultants in the marketplace.

The International Business Guru provides business help to every budding entrepreneur and says entrepreneurs ought to strive hard to generate value for their customers and stake holders.

It might further surprise UK readers that not of the Dragons Den judges appeared in this list.

Saturday, February 19, 2011

Why I decided to quit my job and start a business - The Advantages of Becoming an Entrepreneur

Enjoy the Advantages of Becoming an Entrepreneur - Why I Started my Own Business.
Among the many advantages of becoming an entrepreneur, 5 were directly responsible of my jump from a secure job to my entrepreneurial adventure. Four of these advantages can be summed up in one word: Freedom. The fifth one is, according to me, the most important advantage of becoming an entrepreneur.
The first advantage of becoming an entrepreneur: Financial freedom
The first and maybe most obvious reason why I started to dream about becoming an entrepreneur was money. You see, I grew up being told that I had to study long and hard to get a good, secure and well-paid job. So I ended up having a bachelor degree and a master degree, ready to receive the all the hard earned money I thought my academic degrees would get me. After all, I studied long and hard and accumulated huge student debts in the process, I would obviously be gratified with a really good salary, right? Wrong! As I got into the market, I soon realized that some friends with basic high school were paid nearly as much as I was! Even worse, they got out of school 6 or 7 years before me so they didn't have debts and were able to accumulate a fair amount of money. I realized that basic demand vs. offer was much more important to get well paid than a master degree. This is when I began to read about all the advantages of becoming an entrepreneur. I didn't take me too much time to realize that almost if not all the really rich people were entrepreneurs. Many had college degrees, many didn't. The only important thing were their ability to identify market demands and to answer these demands with great value. If I could rapidly give the market enough value, in enough quantity, to answer its needs or wants, I would get rich. I would get out of debts much more quickly than by holding on to a secure job that would only get me a tiny raise every year. Getting rich quickly was the main advantage of becoming an entrepreneur that motivated me to quit my secure job. In fact, the only way to get more money by staying an employee would have been to get old! I could have changed the world, I wouldn't have matter to my boss... the only way to earn more was to get older. The advantage of becoming an entrepreneur is that it doesn't matter that you are 25, 40, or 60 years old or that you have a college degree or not. If you have a really brilliant idea, you will benefit from it.
The second advantage of becoming an entrepreneur: Time freedom
This advantage really struck me after becoming an entrepreneur. If I needed to sleep a little more because I had a bad night (a little bit of insomnia is part of the disadvantages of becoming an entrepreneur), I could. If I needed to meet someone for my business, I would set the meeting outside of rush hours so I could get there in few minutes instead of an hour. I recently calculated that the mere fact of becoming an entrepreneur had the advantage of freeing almost 7 to 8 hours each week, only because of traffic! That's a whole day of work every week that I can use to create more business profit, go to the gym, sleep more, or anything that will bring me more happiness or money. The last way that this advantage manifests itself is by allowing me to adapt my schedule to my wife's schedule in order to be there for important moments. The same is true for family, friends, or simply for events I would never attend if I were still an employee having to get up at 6 every morning.This is a huge advantage for me, although I didn't really thought about it before becoming an entrepreneur.
The third advantage of becoming an entrepreneur: Freedom of location
If you develop a good business model and have good people in place to delegate important business tasks, freedom of location could also be one of the advantages of becoming an entrepreneur. It may take a little while to set it up, especially if you are into a "brick and mortar" business, but it is truly possible, and not that hard. Of course, you will have to be there in person from time to time, but with good people in place you will soon get paid even when you take a day off. You will even get paid when skiing for a week or two or when visiting a country with your family. To me, this advantage of becoming an entrepreneur also means that if my wife's job gets transferred to another city, I can follow her and only come back to town from time to time.
The fourth advantage of becoming an entrepreneur: Freedom of choosing my projects
This advantage of becoming an entrepreneur was a real motivation to quit my job and do things on my own! Have you ever worked on a really, really boring, annoying, meaningless project that was nonetheless treated by your boss as if it were critically important? Me too! I mean, I have worked in so many places where all the minutiae and really absurd processes took at least half of my day. I think these were the moments where I felt the most urgent need to get out and become an entrepreneur. So many hours lost in debilitating processes. I honestly think that, on the long term, this kind of work could lead to issues like depression or other work related mental health issues. Think about it, being "forced" to do things that you know are unnecessary and for which you feel no gratification at all, and doing these things again and again and again. When you are becoming an entrepreneur, you have the advantage of being able to choose your projects and only work on those which are truly important or that you enjoy the most. Of course, becoming an entrepreneur necessitates that you accomplish some boring tasks. But even then, these tasks have a truly important meaning for you: they are the necessary steps for becoming an entrepreneur and living the life of your dreams! So they are relatively easy to accomplish because they mean something. The best thing is, as you are becoming a more efficient entrepreneur, you will be able to delegate these tasks to someone who like this kind of job, because everyone has their own talents and preferences.
The most important of all advantages of becoming an entrepreneur: Becoming a Master in life.
Above all the advantages of becoming an entrepreneur, I think this one is really the most important. After quitting a "secure" job that wasn't really that gratifying or well-paid, you succeed by your own, doing something that you are passionate about. Soon, you realize that while everyone around you was safely staying on one side of a really dark forest... you had the vision and the courage to get into the dark forest, knowing that it would bring up many fears, insecurities, and maybe pain. You did it because you knew that sooner or later, you would get through and arrive on the best side of the dark forest, where you have more money, more time, and feel more joy and satisfaction. This is the true advantage of becoming an entrepreneur. Knowing that despite all the fears you had and all the fears people tried to push on you, you went and you succeeded. The next time you'll face a challenge, you'll know you'll be able to succeed again. To me, this is the most amazing advantage of becoming an entrepreneur.
To learn more about the advantages of becoming an entrepreneur and, more importantly, to get free tips on how to become a successful entrepreneur, visit GrowMyselfRich.com. GrowMyselfRich.com is a blog written specifically to help new entrepreneurs or self-employed to create the lifestyle of their dreams by mastering the inner game of success, wealth and freedom. You can subscribe to Grow Myself Rich for free to receive the upcoming series about overcoming the fears of the new entrepreneur.

Tuesday, February 15, 2011

Outsourcing: The Advantages And Disadvantages Of Outsourcing

Advantages of Outsourcing
 of the largest advantages can be lower personnel costs. By outsourcing job duties to non-employees, a business does not must pay consistent wages or offer additional worker benefits. The company may pay lower taxes because independent contractors, the individuals who complete the outsourced projects, pay their own withholding, social security, and other taxes. This can add up to substantial savings.

Outsourcing occurs when a business secures (purchases) products and/or services from a third party, as against producing them in-house. There's several advantages and disadvantages to outsourcing.

Some businesses select to take their outsourcing step further by choosing a seller, located in another part of the world. Doing so usually saves them more funds because they finish up paying a much lower wage than would be necessary in their home country. The disadvantage is that these vendors may not understand English and communication is more difficult.

Plenty of times, outsourcing speeds up production time. Since the third-party seller will only be concentrating on specific task, in lieu of numerous office duties, actual production time can be greatly increased.

Outsourcing gives a business the flexibility to modify third-party vendors whenever necessary. This system is not as time-consuming as the normal worker hiring system, because they are not screening individuals, they are thinking about established companies with proven track records.

An excellent example of this is customer support. When a business outsources its customer support department, it does not must hire and oversee thirty individual operators. In lieu, it can hire call middle, which will perform all needed tasks.

Whether a business chooses to outsource on a temporary basis or permanently, the advantages are well worth the decision to do so. Most businesses, which set out to outsource temporarily finish up making an ongoing dedication.

Recent studies show that information technology-related tasks are outsourced over anything else. Other common department functions that are outsourced include: human relations, training, accounting and supply management.

Not only is this a waste of time and materials, it may even be expensive for the company who outsourced the project. They are fundamentally paying two times for the same job. In addition there is always the chance that the company may lose sales, in the work of this same period because of the shortage of obtainable product.

Disadvantages of Outsourcing

 of the largest disadvantages of outsourcing is undesirable results. This is true when a company hires a third-party seller to mass produce a product. In the event that the done products do not meet quality standards, the manufacturing system must be repeated by a different seller.

Another disadvantage of outsourcing is a loss of jobs. Plenty of times work is outsourced basically as a system to save funds. Outsourcing to a foreign country usually saves a company a great deal in wages. So, the choice is made to reduce their local workforce, at the expense of the laid-off employees.

In turn, it may cause community uproar and even a decrease in business and profits. This happens when local consumers make the decision to shop elsewhere, as a way to voice their disdain.

The issue with this is a lack of communication. It can be frustrating for a consumer who is calling in with a customer support issue. When this individual cannot understand the customer support representative they are speaking with, it causes more frustration and does little to solve the issue.

Outsourcing customer support jobs, to foreign countries, is on the rise. Plenty of huge corporations including credit card companies, shopping networks and computer manufacturers are making this modify.

Copywriting Tips To Improve Your Online Business

After all, let's face it, in the modern business world it is most often the copy on your web-site that is read first.

Once an entrepreneur has taken the bull by the horns and commenced his or her own residence based business, the time has begun to tackle all of the small tasks that go along with it. of these-- and that some people appear to fear over plenty of others --is copywriting. Tips for generating effective copy for your company's Web presence can only help you to manage a better and more effective interface with clients and other businesses.

Generate Copy That Interacts With People

The first task in writing nice copy for your web-site is to make the content appear fascinating and lively. A lot of what people read on the Web can be dry as melba toast, and it can actually help your cause to make your information a small bit blustery, to keep things lively.

Start (And Deliver) With A Bang

Using hyperbole to make a point is not a bad decision-- in fact, it can add to the readability of your text. In addition, you will need the reader to feel that he or he is being spoken with, directly. The best way to manage this is to make use of the word "YOU" as against referring to things in the third person (they, he, he, etc.). Five times the potential client feels directly addressed in your content, he or he may be less likely to click away from the information before finishing it.

Any copy that needs to reach the clientele will need to have a hook, so it is a nice suggestion to never underestimate the power of a nice headline. Yes, it is the shortest part of your copy but it is also the segment that will decide whether most potential clients ever even select to look at the remainder of the content.

Find the key part of what you are trying to tell the customer, and LEAD them in to it with the headline. From that point, five times you have their attention, you can use your interactive writing to keep them occupied. Most specialists agree that copy on your web-site ought to usually be written at about an 8th grade reading level, so as to make the content available to a wide selection of potential customers.

Don't Cease Writing!

Some people feel very uncomfortable with writing their own copy, while others have a definite knack for it. Even if it doesn't appear to come as basically, of the best things that you can do for the sake of your company's web-site is to keep writing copy for it.

You may not even use all of it, and you may only use your own copy for definite elements of the business, but it will help to give you possession of your company and it will certainly lead you to become a better copywriter simultaneously. Most importantly, it places the stamp of your written persona there for the client to interact with.

Friday, January 21, 2011

12 Traits of Highly Successful Entrepreneurs

one.  Successful Entrepreneurs are proactive learners

After understudying the lives of successful entrepreneurs, i have been able to pinpoint 12 traits that make them successful. Without wasting your time, below are the 12 traits of successful entrepreneurs:

They read industrial journals, books and magazines. They attend seminars and update themselves regularly with the latest industrial trend. Successful entrepreneurs know that their cup is never full; they know that they don't have the right answers to all questions. So they humble themselves and learn when availed the chance.

Entrepreneurship is a life long process and successful entrepreneurs know this. Things change so fast in the business world; you could be an innovation today and become obsolete tomorrow. To stay on coursework and change swiftly to the ever changing trend, successful entrepreneurs keep studying and learning.

I have never seen a successful entrepreneur who rose to the head of success without a measurable amount of risk. Successful entrepreneurs are risk takers; they risk their time, energy and resources with the hope of building a powerful business. In the event that they fail, they risk losing everything they have ever owned. Risk is the main reason lots of employees fail to start a business.

two.  They prosper on risk

Working at no cost is of the traits of successful entrepreneurs that set them apart from others. It is hard to find individuals who will be willing to work at no cost, without pay for lots of years but successful entrepreneurs do this. They work on their business for lots of years without pay.

two.  They work at no cost

five.  They work longer hours than employees

Being an entrepreneur, i can attest to this trait because i have built businesses without getting a dime from them for some years. All profits generated are re-invested in to the business. To be a successful entrepreneur, you must always bear in mind that you are not building a job for every month pay. In lieu, you are building an asset that can generate residual income for you and add value to humanity in the approaching years.

Successful entrepreneurs are known for their weird resilience and long standing dedication to the coursework of building a business. Building a business is never simple and it requires time and dedication. Some entrepreneurs are known to work for 70 - 80 hours per week while average employees work less than that.

So in the event you are going to join the league of successful entrepreneurs, then you definitely require to create the trait of working longer hours than normal.

two.  Successful entrepreneurs learn quickly from mistakes

Of all the traits of successful entrepreneurs, this interests me the most. Lots of individuals shy away from the game of entrepreneurship because of the fear of making mistakes. They perceive mistakes as bad because mistakes sometimes cost funds and pain; so they avoid it like a plague. But successful entrepreneurs see mistakes as a learning tool; they see it as a chance to learn something new.

Successful entrepreneurs make mistakes in business but they don't quit. They know mistakes are part of the process of entrepreneurship, so they learn quickly from these mistakes and move on. In the event you are being held back by the fear of making mistakes, i will recommend you read the news story "How to learn from your mistakes in business."

"Even a mistake may turn out to be the thing necessary to a worthwhile achievement." - Henry Ford

6.  They have the ability to run on debt

"Excuses cost a dime and that is why the poor can afford lots of it." - Robert kiyosaki

"Be cautious when you take on debt. In the event you take on debt personally, make definite it is small. In the event you take on giant debt, make definite someone else is paying for it." - Rich Dad

As a rule of life, they are all indebted to someone in way or the other. With respect to building a business, i have never seen a successful entrepreneur that has not been in debt. Everyone owes but successful entrepreneurs know how to make use of debt to their advantage, they know how to make use of debt as an device and leverage to build a business and get richer.

Successful entrepreneurs are accountable and responsible for the failure or success of business. They shoulder the responsibility of piloting the business through its trying times. In the event that they succeed, it becomes a and to them but in the event that they fail, they are going to be blamed.

7.  They are accountable and responsible

8.  They prosper on criticism

Another trait successful entrepreneurs share in common is the ability to forge ahead in the face of criticism. Building a business comes with its own challenges; as the entrepreneur, you are bound to be loved and loathed by the public. But successful entrepreneurs always devise a way to make use of every tiny bit of criticism to make themselves better and stronger.

"Sometimes, i think my most important job as a CEO is to listen for bad news. In the event you don't act on it, your people will finally cease bringing bad news to your attention and that is the beginning of the finish." - Bill Gates

"When everything appears to go against you, keep in mind that the airplane takes off against the wind, not with it." Henry Ford

9.  Successful entrepreneurs are ambitious

Ambition is of the traits of successful entrepreneurs. Successful entrepreneurs think giant and do things giant. They are never satisfied with their current achievement; they think there is always room for constant improvement and they go for it.

ten.  They are opportunist

Take a glance at Mukesh Ambani's achievement in building Reliance Group; the world's largest refinery. Lakshmi Mittal built Mittal Steel, the world's largest steel producer. Look at Larry Ellison's ambition to surmount Microsoft. In generality, entrepreneurs are ambitious personalities.

"The way to make funds is to buy when blood is running in the streets." - John D. Rockefeller

This is another trait of successful entrepreneurs. Successful entrepreneurs share a common ability to see opportunities, where others see issues. They know that behind every issue lies a chance. Successful entrepreneurs are the drivers of creativity and innovation.

11.  They are great leaders

Successful entrepreneurs are great leaders with a proven leadership strategy. They possess the ability to bring out the best in their employees. They inspire creativity and foster innovation. They also have the ability to hire and lead smarter individuals.

"Good leadership consists of showing average people how to do the work of superior people." - John D. Rockefeller

12.  Successful entrepreneurs are team players

"Go to the wolf, think about its ways and be wise. A wolf will never hunt alone; it hunts in packs because it knows the power of team work." - Ajaero Tony Martins

"I require to start my own business," 'i require to be my own boss,' 'i require to do this my own way.' These are the words i often listen to from would be entrepreneurs. Successful entrepreneurs know that entrepreneurship and investing are team sports. So therefore; they never work alone, they join forces with other entrepreneurs and professional advisers to build a stronger business.

In conclusion, these are the 12 traits of successful entrepreneurs which you must possess to succeed. Successful entrepreneurs were not born with these traits, they developed them over time. You can also create these traits if only you are willing.

Friday, January 14, 2011

ACN Scam Or A Wise Choice For A Home Business?

ACN--formerly known as American Communication Network--was founded in 1993 by Greg Provenzano, Robert Stevanovski, Mike Cupisz, & Anthony Cupisz. Based in North Carolina, the company claims on its web-site to be the largest direct selling telecommunications company in the world. They provide local & long distance calling, web, wireless, home security any satellite TV. They also offer digital phone service as well as a video phone.

My purpose here is not to form a judgment either for or against this company, its management, products, or business model. , it is my objective to provide information to interested readers who may be looking for a reliable work at home opportunity in order to make a significant income at home. Some of theadvantages of working from home include the following:

These advantages are part of any work at home business, including ACN.

one. Freedom from the demands of a boss telling you what to do
six. Freedom from fighting rush hour traffic
six. Work where & when you like
two. Freedom from office backbiting & snippy comments
seven. Select your own work apparel (warm-up suits & jogging shoes are often all right)
6. Tax advantages that are granted to having a home office
7. Your earnings depend on how hard you choose to work

As with other multilevel promotion (MLM) companies, sales for ACN are generated primarily by independent contractors known as sales representatives. Representatives document that the company discourages icy calling & "selling." They recommend that their reps sell to their "warm" market-consisting of relatives & friends. They also stress the importance of teaching those "sold" customers to then do the same in return with their own relatives & friends. This sort of network promotion depends on word of mouth promotion, thereby reducing promotion costs. ACN also secured an agreement with Mr. Donald Trump to endorse their products & services. An endorsement of this magnitude may be one-of-a-kind in the multilevel promotion industry.

ACN claims to help its customers economize on telecommunication services that they already use. service offered is VOIP technology-Voice Over Web Protocol. This know-how utilizes a web connection for routing phone calls, that can be more efficient & less expensive than other methods. Most reports recommend that their products & services are excellent. Their video phone allows voice & video communication between individuals who use this service.

Let's look at the business opportunity from an independent contractor's view. To join ACNcosts between $400 & $500, & then there's yearly charges of around $275 ($149/year and $10/month.) The commissions earned appear to be little, based roughly on 1% of each customer's every month service charges. Some estimates are that a new sales rep must recruit & retain 40 regular customers in order to recoup their preliminary investment & annual fees-that is, to break even. (Commission on a every month service bill of $100, for example = $4. Securing 40 customers at this level generates a gross commission of $160 per month, or $1920 per year before taxes & expenses. If a customer's every month bill is $150, the commission at 1% = $6. Securing 40 customers at this level would generate a commission of $240 per month, or $2880 per year.) These estimates compare well to a reported $40 gross average every month income for distributors in the largest multilevel promotion company-Amway. It seems that a nice portion of the commissions paid to the top 0.5% of representatives comes from hopeful new sales reps, than from loyal customers.


The business paradigm of multilevel marketing--also known as network marketing-has been around for lots of years. attraction is the little investment necessary to open your business. Lots of observers feel that the marketplace is oversaturated with multilevel marketers. Thousands of companies exist, selling all sorts of things. Individuals who know about MLM usually resist invitations to go to sales presentations thinly disguised as "opportunity" meetings. This is true whether the presentations happen in someone's home or a rented meeting room. Stores about such meetings may have contributed to the reasons wnythe MLM business model has become stale & worn.

 all of homebusiness owners do not like selling. Regrettably, this is exactly what it takes to become successful in ACN or any kind of multilevel promotion. Trying to recruit & sell relatives members or loyal friends can permanently destroy these relationships. Lots of find it mentally & emotionally exhausting to have tocontinually serve as a cheerleader for others. This requirement is essential so that new representatives will repeat the system & sell others on the services or products as well as the business opportunity.

This observation is not limited to ACN, but is typical of all businesses that use the network promotion model. Your income in MLM depends not only on your personal efforts, butalsoupon how effectively you encourage others to work who are in your downline. Thus, your job becomes to one) persuade people to become your customers, six) teach them about the products & services, six) show them how to sell, & then to two) keep them motivated on a every day basis. Estimates are that about 70% of all "distributors" or reps in MLM businesses drop out within their first twelve months.

In recent years, lots of home business owners have reported greater success by promotion their services or products across the Web. Their own efforts select their success to a much greater degree than with MLM. This new business model provides web entrepreneurs with a great deal more control of their income & work conditions.

Friday, January 7, 2011

How To Make A Business Letter

The Business Letter is of the most often used formats for writing a typical, employment-related & business proposal issues. A number of the letters are disorganized & confusing to read. This full block business letter features a formal part & the variations are often custom-made. The words in here are & the communication will deliver an ideal way.

Business Letter is of the formal letters often used for typical, employment-related & business proposal purposes. These format has a simple guidelines & straightforward to make variations to writ letter as quick & straightforward while delivering sufficient words in a amazingly way without confusing the reader.

The First Heading must be containing your name, address, phone, date today, e mail address & a reference line.

Here are the guidelines on how to write & compose a simple & straightforward yet understandable letters that brings adequate words in a comprehensive way without confusing the recipients.

The Certified Mail is often not in used to some but in case you need to have at least, you may include if it is an airmail, special delivery or certified mail.

The Reference Line must have a recipient's request information, job reference & bill number.

The Attention Line contains the name of the person whom you are sending the letter.

The Second Heading must have the name & address of the person or company to whom you will send your letter. lines are the standard lines to complete your second heading.
1.Ladies
2.Gentlemen
3. Dear
4.Sir
5.Madam
6.To Whom It May Concern

The Salutation Line shows respect to the name of the recipients. The most ordinary & common salutations are

The Subject Line is a concise topic involving your purpose in writing a letter. It could be a Resignation Letter
1.Letter of Reference
2.Letter of Inquiry
3.Completion Letter
4.Proposal Letter
5. Complaint Letter

The Body of The First Paragraph states the main point of the letter. Start with a friendly & lovely opening. Then, quickly translate in to the purpose of the letter. Use couple of sentences to clarify & describe your purposes but never go in to the detail because it is early to relate the main idea.

Start the Second Paragraph stating a support idea to justify your purpose. These may contain the type of background information, statistics & first hand accounts. A few short paragraphs are to support your reasoning.

In the Closing Paragraph, restate your purpose & site why it is important. Think about closing with gratitude for your informational purposes.

The Complimentary Close includes a degree or tone of formality. Such as:
- Respectfully your - for formal type of letter
- Truly Yours - for polite & neutral kind
-Honestly - for less formal & typical type
- Cordially - friendly but casual arrangement type of a letter

The Signature Block is exactly your name. Sign it below your name.

Here are the tips in writing a formal letter

one. Don't ever type the brackets. The brackets ought to have a part text indicated as replacement.

four. Make a space between lines so your letter won't look overcrowded & untidy.

four. Keep your letters in page. Type page four texts in case you have a continued pages.

two. Don't leave space in case you don't type the more formal parts.

two. Have the same goes margins. For short letter, you may have & one-half inch. For Longer letters that are standard ought to have a one-inch margin. If there a letterhead, the positions of the words are determines the top margin.

  • 6. Pick a nice quality of paper because this may represents the worth of your persona.

Monday, January 3, 2011

Market Competition Perfect and Monopolistic Competition

The business community continually changes & possession of businesses alter hands as smaller entities are swallowed up by bigger corporations. They listen to about it on a regular basis in the news, but yet only a few people can name a example of monopolistic competition, or realise what the definition monopolistic competition is. This article gives a brief insight in to the definition monopolistic competition & monopolistic competitive firm.

The definition monopolistic competition is firms which in effect hold a monopoly over their products, in that the firm can influence the market cost of its product by altering the rate of production. Monopolistic competitive firms produce products that are not ideal substitutes or are at least perceived to be different to all other brands products.

Unlike in ideal competition, the monopolistic competitive firm does not produce at the lowest feasible average total cost. In lieu, the firm produces at an inefficient output level, reaping more in additional revenue than it incurs in additional cost versus the efficient output level.

It could be said, to name a example of monopolistic competition, firms who control oil production or gas production are monopolistic. They produce identical products except for branding, but due to a comparatively low number of firms who control the giant amount of the product, can control the cost to an extent by decreasing supply slightly.

An example of an ideal competition is some agricultural markets, where supply is to meet demand. However, this example is not strictly the case in places such as Europe, where subsidies are provided encouraging farmers to produce as much as feasible irrespective of demand.

The opposite of monopolistic competition is ideal competition. Ideal competition is an economic model that describes a hypothetical market form in which no producer or consumer has the market power to influence prices. While monopolistic competition is inefficient, ideal competition is the most efficient, with supply meeting demand & production therefore matching this, so stock is not sat in storage for extended periods or going to waste.

Perhaps the best examples of ideal competition companies would be giant auctions of identical goods with all potential buyers & sellers present. By definition, a stock exchange resembles this. The flaw in thinking about the stock exchange as an example of Ideal Competition is the fact that giant institutional investors (e.g. investment banks) may solely influence the market cost. This, of coursework, violates the condition that "no seller can influence market price".

Sunday, January 2, 2011

Know more about business networking

There are plenty of people there that would like to make positive that they will make more funds at the finish of the month & in case you are such person, then I think that are in great need for some tips in order to start out your now business. Since the net has appeared there's been practically millions of people that have started a business on the net & this way they have avoided the bad effects of the economical crisis.



So, of the first things that you need in order to start a business is to have a great idea. With no ideas, you won't be able to step in to the market at all. In case you don't know what you could start a business in, then you won't must worry about this much, for you will certainly be able to contact some business networking professional in order to help you out.





In case you need, you can basically find them on the net & you will be happy when you will get to take advantage of their services & practically see that they were the ones that you always needed to speak with. The basic issue when everyone would like to start a business is the idea of a business, but after that, there's plenty of hurdles that need to be taken care of.



As a beginner, you practically are not aware of such thing & you will certainly not need to delve in to them & risk all of your funds & time to find out something that you might have been let in on basically in case you would have only asked the right persons.



Also, you ought to know that networking groups are where you will get to spend most of your time in when you will get to take advantage of such services & you will get to see new people, meet new people that are thinking like you & are also in the same business as you are.

Being in a professional surroundings with like minded people you will always be able to evolve as a businessman & you will certainly be able to make plenty of money soon. So that is why you will seldom must give up your goals & your dreams & push on as much as you can. In no time, you will get to be able to accomplish everything you have desired to & even get new business opportunities.



In case you loved this news story & you would like to receive more info regarding Business Networking, kindly visit us, business networking.

Saturday, January 1, 2011

EBOOKS BUSINESS OPPORTUNITY - BUY EBOOKS WITH RESELL RIGHTS

I am always looking for ways which will be helpful to someone who wishes to start an Online Business. of the simplest ways which I found was to acquire Master Resell Rights to Info Products of high quality. I did that and could set up my EBooks Business  instantly. I got in to the position to resell these EBooks as in the event that they were my own products because I had the rights to do that. It necessary only a small money investment and minimal hard work to set it up and I could make full profits out of the products which I resold. But I also must admit that I had to put in some serious efforts in promoting the EBooks Business which consists of EBooks and also Application Products. In case you need to make serious profits in any Online Business and in our case the EBooks Business you must be prepared to put some work in your promotion efforts. Buyers will must find your site and your most important task will be to make it popular. Otherwise you will have a site which nobody can finding and when you have no customers you won't make any profits. Everybody can understand that instantly. You need to pay attention to your promotion undertakings. In case you follow that you can become successful in the EBooks Business. One time fully established and your EBooks Business being reputable and trusted it can bring to you giant online profits.

EBOOKS BUSINESS OPPORTUNITY - BUY EBOOKS WITH RESELL RIGHTS

There's lots of ways open to you when promoting your EBooks Business. There's paid and free options available for you. In my future articles I will try to provide Online Promotion Tips on the free ones. They can be set up basically and a quantity of them will deliver to you an  immediate traffic surge. This can mean quick profits for you. In case you put some honest hard work in your Online Promotion you will notice positive results for sure. The advantages which you have in the EBooks Business is the fact that you can set it up basically. Whats more important your EBooks Business can be fully automatized. So take some time and inspect this EBOOKS BUSINESS carefully !