April 2023 - Page 10 of 12

4 Important Tips on How to Create Wealth

Everyone wants to live and enjoy an abundant and fulfilling life. Well, there is no better time to build wealth than now. It is not for certain individuals but everyone can share in the wealth of the world. Wealth is not an event but it is created and accumulated over a period of time. This comprises of an abundant life, one that has got what you want in life. It includes health, peace, money, properties, joy, and all that you need in life.

The purpose of this article is to outline some tips that can help you start creating wealth for yourself and your loved ones.

1. Now is the time to create wealth.

Some people think when they are young or old they cannot accumulate some wealth. Those who are young say it is for the adults. Those who are old say it is now late to start accumulating wealth. The starting point is to start saving whatever amount of money you can. It does not have to be a big sum of money that you save. For example, $10.00 in 12 months gives $120.00. That is good money for someone who has less disposable income. You may calculate what you can save according to your affordability. So you do not have to wait.

2. Start your own business

Whether you have a full time job or not, you can start your own business. It can be an offline or online business. Off line, you can start retail, construction, consulting, and other many opportunities. When it comes to online businesses, there are also many ideas and opportunities. One of the opportunities online is affiliate marketing programs whereby you do not have to own your own products. Instead, you promote other people’s products or programs and earn huge commissions. You can create wealth from the commissions. It is advisable to have your own website to promote affiliate programs. After you have mastered affiliate products, you can go an extra mile and start developing your own products.

3. Choose an appropriate investment plan

After you have saved and accumulated some money from any source, you can choose other types of investments. You can invest lump sums or join monthly subscription plans, which will result in big money after a certain period of time. Avoid rushing for debts when you are in need of money. The money you pay to service debts on monthly basis should be money you are saving or investing. Wealth is yours, you deserve it, just tap into your inner being for ideas or just visit the internet to check for ideas that can suit your situation.

4. Enjoy your wealth

Remember that wealth is for enjoyment and helping those who are in need. As you create wealth, you should not struggle or suppress yourself. After you have accumulated it, enjoy it. Do not suffer having money. Live the life you want. Learn to balance up life. This includes the physical, spiritual, emotional, and intellectual aspects.

Follow the four outlined tips for creating wealth and you will have your share. Wealth is not for certain individuals, but for everyone. You have to start from somewhere, and you can have it. It is your right to have it. Start today and avoid postponing.

Learning Management System (LMS) Vs Learning Content Management System (LCMS)

E-learning brought to an organization learning options that are not only less expensive, but are more flexible than classroom training. Although e-learning would never replace “a human touch” that face-to-face training is privileged to, it is de facto that current technologies allow creating e-courses that are relevant, engaging, participatory, and with “a fun element”.

As a growing number of organizations utilize e-learning or “blended learning” (a combination of e-learning and classroom instruction), more organizations face questions of choosing the systems that are best fit to their environment. Larger organizations are on look for the systems that not only deliver and track e-courses, but also allow integration of performance reviews and development plans. The needs of smaller organizations may be more succinct and limited to training delivery. So, what do we consider when choosing the best e-learning program? Let’s look at the differences of the two main e-learning systems – Learning Management System (LMS) and Learning Management Content System (LMCS).

LMS is a software application that is most often web-based and is designed for the administration, documentation, tracking, and reporting of e-learning programs and training content. LMSs, such as WestNet, Halogen, Flextraining or Mindflash require importing a content that is built externally using Microsoft programs, or e-learning development software such as Adobe Captivate or Articulate. Many LMSs offer monthly subscription for a fee based on the number of active users (training participants). Some LMSs offer one-time licensing, and charge annual fees for software upgrade and technical support, which can from 10% up to 25% of the licensing fee.

We have knowledge of at least 210 different LMSs with a range of features offered: from simple content delivery and reporting to sophisticated integration of learning management and social media platforms. Similarly, the difference of subscription and hosting fees is vast, ranging from $3,000 to over $23,000 annually for a thousand users.

In comparison, a Learning Content Management System (LCMS) is content-centric software for creating and managing of e-learning content (Xyleme, Exact Learning Solutions, Kenexa). Instructional designers and trainers can re-use e-learning content. As a result, it requires less of resources and saves time needed for course development. Rather than re-creating entire courses, LCMS provides the ability for courses to be modified and published for various audiences maintaining past versions. E-training elements that developers can manipulate include media files, assessment items, simulations, text or graphics. LCMS technology can also be used to deliver and track courses (as LMS), or as a standalone application for learning initiatives that require rapid development of learning content.

Thus, the main difference is that LMS does not allow creating and manipulating courses; it cannot reuse the content of one course to build another. The LCMS, however, can create, manage and deliver not only training modules but also manage and edit all the individual pieces that make up training modules. The subscription or license of LMCS is usually pricier that of LMS.

So, what does an organization need to consider when choosing the best fit e-learning system?

– An amount of training content to be developed and delivered. If an organization develops and delivers a great amount of training – either because of internal or external requirements – then LMCS may be a better choice. LMCS will be able to save instructional designers’ time by reusing training content that’s already had been created.

– Long term training and development needs. When an organization plans to grow and expand, it means that training and development needs will be growing as well. Thus, even when an LMS might seem a better fit today, considering long terms an LMCS may be the best fit. That way, an organization will avoid additional resources and confusion of switching from one system to another.

– Training audience. Larger organizations that employ workers nationally or internationally would experience a greater need for training modules being updated – because of local regulations and cultural preferences. Thus, LMCS might be of a benefit in this case.

– The plans to integrate e-learning into organizational social platforms. A few LMS and LMCS allow integrating organizational social platforms such as Intranets or wiki’s. Though these systems are usually pricier, this emphasis on learning encourages workers to participate in more training, and increases their engagement.

– The needs to utilize e-learning systems for performance management. Selected LMSs and LCMSs may perform performance management function by allowing managers to track employee performance (incorporating learning application results of completed courses), and by providing employees with an opportunity to create development plans based on performance reviews.

E-learning is a powerful learning platform. When an organization chooses “the right” system, such system can be not only a cost saver, but it can also enhance learner engagement and learning retention.

15 Email Marketing Tips to Bring Success to Your Newsletter

Introduction

As you may know, most people now spend more time reading their emails than they do surfing the web. Email is one of the most powerful mediums that you can use to talk to visitors, customers and prospects.

In this article I will discuss 15 best practices that you can use everyday in your email marketing activities. Used wisely and consistently, there’s no doubt you’ll see an increased response from your subscribers — whether it be for more feedback, more product/seminar registrations, or even more orders.

1. Avoiding the Spam Filters

The majority of large Internet service providers now use rigorous spam protection mechanisms to trap unsolicited email before it gets into their customers inboxes. Spam filters generally “rank” each email by a number of different criteria, and, if that email rates above a certain level (such as 10 spam points), then it is flagged as spam and deleted.

To make sure your emails don’t get flagged as spam — and deleted before they even get to your subscribers — avoid using words such as ‘Free’, ‘$$$’, ‘Save’, ‘Discount’, etc in both the subject line and the content of your email.

2. Maximizing Click-Thru Rates

Both web pages and emails can contain a lot of text and graphics, and this sometimes makes it harder to get your subscribers to perform a certain task, such as clicking on a link to see your special offers.

Numerous research papers tell us that the majority of Internet users respond better to a plain, bold, blue text link — such as this — as opposed to a banner or button. So, if you’re going to include links in your emails, make sure they are bold, blue and underlined. This will mean that more subscribers click through, meaning more conversions/sales for you.

3. The Power of Personalization

If you were standing in a crowded mall, which of these would get your attention: “HEY, YOU!” or “HEY JOHN” (assuming your name is John). The power of personalization can and should be used in your emails. In-fact, by simply starting your email with “Hi [subscriber_name]” instead of the boring “Hi there”, you can increase both your reading and click-through rates by up to 650%. Why? Put simply, it’s because your subscribers feel like they already have a relationship with you as you’ve addressed them by their first name.

4. One-Click Unsubscription

If you want to grow your mailing list, then there are 2 things that you absolutely must have: a double opt-in process, and a quick way to unsubscribe. In some countries, it’s actually mandatory by law that every email has an unsubscribe link in it. The unsubscribe link should take the recipient directly to a page where they are then removed — courteously — from your mailing list.

5. Signup Confirmation

Don’t get accused of spamming — always, and I mean always use a double opt-in confirmation process. Double opt-in means that after your visitor initially enters their email address to subscribe to your list, you should then send them a “confirmation” email. This email should contain a special link back to your email-marketing program, which will then verify that this visitor did indeed sign up to your mailing list.

6. Tuesday / Wednesday = Increased Response

Studies conducted by online research analysts have shown that the best days to perform a mail-out to your list are Tuesday and Wednesday, as this is when people are more receptive to communication. This means that they are more likely to read your content and click on links, meaning more sales.

On Mondays, everyone is still recovering from a hectic weekend. On Thursday and Friday, people are already too busy looking forward to the weekend. We’ve actually experimented with this, and received the best results by sending out emails at around 2-3pm (American Pacific Time) on a Wednesday.

7. Repeat Email Communication

An auto responder is an email that is scheduled to be sent at a certain time interval after someone subscribes to your mailing list. Auto responders are a great way to automatically follow up with your subscribers or provide them with more information on your products/services.

For example, if you provide a free newsletter, you could setup 3 auto responders for new subscribers: the first is sent 1 hour after they subscribe. It contains a thank you message and a link to get 10% off your newly released eBook.

The second is sent 24 hours after they subscribe, telling them about your community message boards, and the third is sent 72 hours after they subscribe, in which you can offer them a special deal on becoming a paid member of your site.

Auto responders help your subscribers build trust in both your company and your brand, and this can help make it easier when trying to close sales in the future.

8. Consistency is the Key

If you’re running a newsletter or frequent email publication, make sure you keep the look and feel consistent from issue to issue. By keeping the look and feel consistent, you help to maintain and strengthen your brand and your image to your subscribers, which again will make it easier to close sales when you need to.

Create a template for your newsletter and whenever you need to create a new issue, use that template as the basis for each issue.

9. On Time, Every Time

When sending a regular email to your subscribers, always make sure that it’s sent on the same day, at the same time. For example, every Wednesday at 3pm. Your subscribers will come to “expect” your email to arrive in their inbox on the same day at the same time every week, meaning that they want to read your content and are generally more receptive to any special offers or promotions you may include.

10. The Half-a-Second Subject Line

When your email arrives in your subscriber’s inbox, you generally have about half a second to catch their attention with the subject line of your email. After this, they will either delete your email or ignore it. In your subject line, try and specify a benefit that the subscriber can expect by reading your email. For example, instead of using ‘OurSite Newsletter Issue #1’, use ‘OurSite Newsletter: 10 Tips for Financial Freedom’.

11. The Free Bonus Hook-In

Free is overused these days, especially on the Internet. However, if you’re looking to grow your subscriber list, then create or source a product of value to your visitors (such as an eBook or discount coupon) and offer it to them for free when they signup for your newsletter.

To make sure they don’t simply type any email address into your subscription form, setup an auto responder to send them the free bonus 1 hour after they subscribe to your newsletter.

12. The Preview Pane

Popular email clients such as MS Outlook show a preview of an email when it’s selected in your inbox. Always have some interesting content at the very top of your email, as this is the part that will show in the preview window of your subscribers email program. If it’s interesting enough, then your subscriber will open your email and continue on reading.

13. Link-Click Testing

When creating marketing emails, try using different text for both content and links. Also try re-positioning images such as logos and buttons. After sending about 3 different emails, compare the click-through stats and see which one worked best. Now, when you need to send marketing emails in the future, you know that you will be sending the right mix of content and images that will attract the most click-thrus, and ultimately the most sales.

14. Email-Based Learning

Add value to your website, build trust in your visitors, establish your credibility and collect more subscriptions to your mailing list by setting up an email-based learning course. To do this, simply create a series of auto responders (for example, 5) containing unique content. Then, schedule the first one to be sent after 24 hours, the second after 48 hours, etc.

15. Always Sign on the Dotted Line

Always include a signature at the bottom of your emails, as it’s one of the easiest ways to attract more traffic to your website. This signature should include your personal details, your company details, and an unsubscribe link. You can use your signature to link back to your website, and even to other products. Here’s a sample signature:

Regards,
John Doe.
President – Company XYZ.
Visit our website at http://www.companyxyz.com
Unsubscribe from this newsletter at [http://www.companyxyz.com/unsubscribe..].

Conclusion

By implementing the 15 best practices described in this article, you can take your email marketing to a whole new level — attracting more subscribers, and building both your brand equity and credibility at the same time.

Business to Business Email Marketing Basics

If you’re not sending out email newsletters to clients and potential clients, you’re losing money. 98% of people check their email via their mobile phones in today’s society. That’s 98%! People are on the go and checking their email via push notifications. If you’re not sending out specials and updates about your products or services, your customers are not keeping your company in mind most of the time. And, other businesses may capture your business. So, you just read, email marketing and newsletters are important because they now reach your customers immediately.

To be successful with an email marketing campaign you need to have a clear, concise subject line. A long subject line, or one that isn’t clear about what you’re offering, is likely to be dismissed as SPAM by the recipient.

Make sure you format your email message properly. People use different types of phones, which means they’re using different types of browsers and operating systems. If your message shows up jumbled or ill-formatted, the customer will not reach on and he or she will simply delete your efforts and offer. If you are not familiar with the different types of mobile marketing / email newsletter formats, please find a company that is.

You should also utilize strong content. Don’t be pushy but be blunt. State your offer, state the benefits, state the timeline that the customer has to take advantage of the offer. Being too wordy or not getting to the point will not result in sales or interest by customers. Don’t venture into the opposite direction, either. Verbiage that is too alike to that of a used car’s sale ad will also turn people away.

You should also monitor the stats of your email marketing efforts. If more people are opening emails on Tuesday nights versus Saturday mornings, adjust your delivery dates for important sales and/or notices.

Email marketing is becoming stronger than ever these days. People are utilizing social media to produce more subscribers to newsletters, which contain special promotional offers and better ROI results. Incorporating video, audio, and even consumer contests into an immediate email offer or email newsletter will help your business grow and products / services sell quicker.

Don’t forget content will always be king. The use of too many photos or unprofessional video links can backfire when sending out any type of email marketing collateral. Make sure all your content and media collateral is balanced, looks professional and is accompanied by a strong call to action.

A to Z in Dish Network deals

First, what’s Dish Network?

Dish Network, owned by company Echostar, is the United States second biggest Satellite TV provider. Dish Network provides up to 256 TV channels of 100% digital picture.

Satellite broadcast licensed in 1987, Dish Network currently dish up about 10 million satellite TV customers with their free Dish Network offer in United States. With up to 256 TV channels served in three major packages (Dish Network All American Top 60s, 120s, and 180s) and various free satellite TV equipments, Dish Network is the one of the best TV setup currently in the market. Huge programming choice, crunchy digital image, HDTV-ready with SuperDISH packages, and digital video recording.

A lot of online dealers claim that Dish Network satellite TV systen is for free, is it for real?

Yes, absolutely free IF you are a first time customer! Worth $1500, these satellite equipments is totally free to get when you subscribe to Dish Network. Satellite TV providers are fighting hard to win the fierce competition that they will give you all the equipment free!

So how do they make money?

Pretty simple: the subscription fees. To get your free Dish Network satellite TV, you have to commit to a one-year subscription contract when you get into Dish Network. Infact, this is the current trend of the satellite TV business — both Dish Network and DirecTV are making money through the subscription fees in long term.

Why get it online?

Greatest satellite TV bargains are normally found on line. Why? Dish Network online retailers are the most aggressive satellite retailers cause their operating cost is awfully low compared to brick and mortar stores. They are the only one that can afford to bring you the best bargains in Dish Network.

What is the best hardware setup?

2-rooms set up, 3-rooms set up, HDTV set up … getting confused?

The best hardware set up really depends on your visualize and your location. Most people will be perfectly served by the multi-room systems right now. All the necessary equipment for up to 4 rooms, plus the installation, plus Digital Video Recorders are yours for the taking, FREE.

In this package, with just $50 of start up fees (which they will credit back your account for the same amount), you are ready to enjoy your Dish Network. As mention before, these satellite TVs equipments are given life time warranty; you won’t have to worry about receivers or dishes breaking down.

Same thing if you want to receive Dish Network HD programs. Until recently you had to buy special equipment (known as the Superdish) to receive high definition signals. Now you don’t even have to — Regular receivers (those that are freely given) like the HD-811 and the HD-DVR 921, can get all HD content.

If you want to get international programming – the strong set of Dish Network – you will have to buy an additional dish antenna at the cost of $99 (at the time of writing).

Do I need to install the dish my self?

Nope, you don’t need to do that. Dish Network retailer workers will install your satellite system for you and its totally free of charge. Instead of sweating it, just leave the installation works to a pro. You will be getting an access card once your dish system had been installed. The access card is like a license for your satellite system.

All About Microsoft Access 2013 and Access 365

Microsoft Access 2013 is the software that has progressed over the ages from Access 1.1 in 1992 until now.

Office Professional 2013 Software (which includes Word, Excel, PowerPoint, Outlook and Access) will allow you to install and run Access 2013 as usual.

The Office 365 version is paid by monthly subscription and provides Web services to Office 2013. It includes the Office Professional 2013 software as well as Access 365 and Access 2013.

Access 365, besides the name “Access”, has little to nothing in common with Access 2013 or previous versions of Access.

What is Access 365 all about?

Access 365 is a tool for creating web apps that run within SharePoint 2013. The old .ACCDB format has been abandoned. New applications should use the Access 365 model, or stick with Access 2010.

Access 365 allows the rapid creation of small applications using the standard web technologies of HTML5, CSS and JavaScript in a simplified web development environment. One big feature is that Access Services can now store data to Microsoft SQL Server or an SQL Azure database.

The use of SQL Server overcomes the 2 Gigabyte size limitation of the previous Access databases. SQL Server also provides all the security and features essential for any strategic company business system.

And What about Access 2013?

The Access 2013 desktop version is much unchanged from previous versions – it still supports the Front-End and Back-End database model and Visual Basic for Applications (VBA).

But Access 2013 no longer supports:

The Microsoft Access project (ADP)
The Access 97.mdb database format
PivotCharts and PivotTables
The dBASE database
Smart Tags (Action Tags)
Access 2003 Toolbars and menus
The Microsoft SQL Server database Upsizing Wizard
The Developer Source Code Control

Apps for Office

There is a new feature of Access 365 – Apps for Office. This technology enables Office to be used as a service on the Cloud or Web. The webpage can be hosted in an Office application – that is Excel, Word, Outlook, PowerPoint or Project.

An app is usually published to the Office Store for use.

JavaScript API for Office

Access 365 has a new JavaScript API that provides programmatic access to Microsoft Office documents. The API includes application-specific data types, objects, functions and events.

The JavaScript API is a great improvement on the crude JavaScript design capabilities within HTML.

SharePoint apps

Access 365 provides a simple way for SharePoint to host the Front-End of an app and have the data management capabilities of SQL Server on the Web. This simplifies web development.

Note that Visual Basic for Applications (VBA) code is not compatible with SharePoint Access applications.

Access 365 Macro Editor

Templates can be used to create sophisticated looking apps – and without the need for code. However business rules and data manipulation can be implemented with a new macro language. The macros do not have the power of VBA, but are adequate for simple logic.

Microsoft’s Strategic Direction

Microsoft Access was never meant for corporate company databases. Many companies evolved the Access database software into their core administration systems. But with the limitations of network traffic, peak loads, reliability, rollback recovery, security, etc, etc – these systems eventually hit a brick wall.

The direction that Access 365 is now taking reverts to the original intention of Microsoft Access. That is, providing a rapid development environment for small Line of Business (LOB) applications.

Microsoft Access with VBA is at the end of the road. For mission critical administration systems, the best development platform is Visual Basic.Net with SQL Server.

CreateMyFuture Review – Legitimate Opportunity?

CreateMyFuture is an internet marketing platform and portal to Shaklee products multilevel marketing. Will this work and what are the costs?

Shaklee is a manufacturer of premium personal care and nutritional products founded in Hayward California by Forest C. Shaklee. The CMF program uses leads from different approved vendors. Leads are not included in the cost of the subscription. Purchasing leads separately is not required but recommended.

The key with any replicated site concept is to differentiate and promote your own site to make it stand out. With many competing similar pages, the individual members using the program will personalize their presentation.

As with most testimonials, the results presented are applicable only to the individual cases, are not typical nor do they guarantee another individual will achieve similar results. Success is determined by dedication, ability and personal talent.

Standard accounts are $29.95 per month and premium accounts are $59.95 per month.

A standard fifteen minute presentation describes the business to prospective new distributors that visit the CMF web site. It is designed to take leads through a marketing funnel beginning with a lead capture page followed by making phone calls and using auto responder e-mail messages.

The basic account includes lead capture pages, lead integration opportunities and marketing sites for web development including audio and video creators.

The premium account includes a video creator, enhanced autoresponder reporting, unlimited custom auto responders campaigns, a conference line, web conferencing for up to five people, and priority e-mail support.

CMF also includes a marketing site for product samples, a contact manager and calendar system to coordinate follow up, pre written auto responder scripts, landing page templates, desktop alerts for prospects visiting the site, and weekly live training calls.

The Shaklee business opportunity is a multilevel marketing program based on selling premium personal and health care products which require product storage and delivery by the distributors.

Consider using article marketing, video marketing and social network marketing. You need to promote and develop traffic to your individual area and differentiate it from the other replicated web pages that may be very similar to your site.

ERP Software & Business Accounting Software to Support Your Growing Business Needs

Popular ‘shrinkwrap solutions’ Quickbooks and Peachtree have been the launching point for many a business. These products are easy to use, flexible, and with the built-in two dimensional reporting, are outstanding for accounting, and even some advanced application areas like project billing and procurement management.

When is it time to move on, some company owners may ask? While there are probably 50 or so good reasons, but for the purposes of this article, I will highlight a few. If you are running a standalone Ecommerce solution that does not tie to your accounting system, that may be reason one. If you are running a simple sales force automation system like ACT!, Salesforce.com or Goldmine, and the quoting and customer master records are not tied to your accounting systems items, that may be another. In both these examples, integrated systems allow you standardized pricing by customer, item, promotion, or even dealer (partner).

The biggest justification may come with people running simple production planning and scheduling functions on spreadsheets. By passing around spreadsheets, companies are wasting time, and errors can be easily made. Also, once your production scheduling is complete, there is usually no ‘put back,’ to the accounting system. The justification for a systematic planning and scheduling system tied to your back office may be in inventory reduction, improved customer service, or lead-time reduction. If you can add an ‘available to promise,’ to commit an order to a key prospect or customer, you may be able to improve your top line as well.

From an IT infrastructure standpoint, you may start to wonder why the servers in some hidden room in your company are growing. Well with all these disparate systems, it is often time easier to add a server than to try to consolidate applications on one server. This adds complexity and increases your reliance on costly IT personnel.

Find an online, subscription based solution that combines ERP, CRM, Ecommerce and business intelligence in one simple solution. All you should need is a web browser and a high speed line. In summary, small companies can benefit by:

1) Reducing the ‘islands of automation,’ that require rekeying and are conducive to mistakes
2) Reduce the dependence on internal systems and IT personnel
3) Dive into advanced integration application areas like aftermarket service, planning/scheduling, Ecommerce and configuration management and comprehensive sales force automation.

How Does VoIP Phone Service Work?

For years, businesses have been replacing their analog phone lines with VoIP phone service. In its early years, VoIP picked up its own reputation among users and skeptics who touted it as unreliable; however, throughout its history, this new communication technology has grown in popularity and left its mark as a reliable and practical communication solution for businesses of all sizes.

Today, businesses use VoIP features to stay in touch with customers and colleagues, expand their businesses seamlessly, monitor employee performance, and build customer loyalty. By harnessing the power of the cloud, VoIP also offers a degree of flexibility and simplicity that analog users just can’t experience.

While analog phone service keeps communications fixed in one location, VoIP allows you to make and receive your business calls from any device (office, mobile, or soft phone app) or forward them to external sites and extensions.

The flexibility and convenience of this technology is what most users love about business VoIP providers.

Small businesses and entrepreneurs are also able to use VoIP phone service to create the image of a larger company with features like auto attendant and custom prompt menus.

What can you expect from a VoIP phone service?

VoIP takes analog audio signals and converts them into digital data which can be transmitted over the internet. With less bandwidth required to transmit the data, there is less occurrence of jitter which causes that choppy audio and lackluster call quality that drives everyone crazy.

Call quality, cost savings, and easy setup are the main drivers of VoIP’s success but there are several features and capabilities that set this communication technology apart.

These are few of the standard features you can expect when using a VoIP phone service:

Call forwarding
Voicemail to email
Auto attendant, also known as a digital receptionist or cloud receptionist
Call continuity
Programmable keypads
App integration
Caller ID display
Call blocking
Call conferencing
Mobile capabilities

VoIP phone service can seem like a drastic change to your communications strategy but if you’re willing to speak with consultants, you will see that it’s actually a simple transition.

A Better Business Communication Solution

Convenient set up

Even with more recent, premise-based business phone systems, set up is cumbersome and expensive compared to a cloud-based phone system. It requires users to connect wires and figure out which line pairs with which extension; most busy business owners usually end up either having to hire someone to install it for them or spend hours on the phone with their phone company.

With VoIP, the time it takes to get up and running is minimal and most VoIP service providers offer support to help you every step of the way. Usually, however, it’s as easy as plugging in your IP phone and letting it initialize to your existing network.

There are no wires or lines to worry about since your service provider takes care of most of the set up before you receive your new equipment. When you use VoIP phone service, your settings come pre-configured to your phone so all you have to do is connect your phone to the correct ports and you’re on your way.

The best part?

Since VoIP is cloud-based, your provider is able to take the maintenance of equipment and servers that help power your communications off your hands by managing their own servers and IT staff for your convenience.

This means any business can enjoy using this technology regardless of the size of their location.

Minimize costs

Businesses see significant savings when they switch from traditional phone service. With older PBX systems, you had to hire an IT staff to maintain the equipment housed in your office, pay for long distance charges, and if you wanted to add a line to your office you had to pay the phone company more for the phone number and installation.

Today’s VoIP technology only requires one-time hardware costs and a monthly subscription based on service plan rates. Long distance calling rates vary among providers but many offer unlimited calling along with competitive international rates.

Easy setup, lower costs, and robust features make VoIP a great solution for business communication. It’s no surprise that VoIP is seeing rapid growth with no signs of slowing down in the coming years.

Perpetual Leverage – A Legitimate Compensation Plan

In order to be successful in any work at home business, a legitimate compensation plan has to be in place. More importantly, this compensation plan must be perpetual for you to leverage the maximum amount of profit available. Perpetual by definition means that something will be lasting for all time or occurring over and over. Having this type of leverage of the compensation plan is valuable.

In order to know how to leverage the compensation plan, you must totally understand your companies plan. Some key points to take note of are:

What are the products? You really need to understand what the product line of the company is. If you do not know what you are selling then you cannot sell it.
What is the profit from each product? Knowing what the profit margin of each product will allow you to focus your main sales toward that one product if you choose. You should still market the others, as multiple sales of those will usually equal one larger sale.
Do you have to obtain certain sales levels in order to receive maximum profit margins? Many companies require you to obtain certain sales volume or at the very least, have purchased the products you are marketing in order to receive the maximum profit from that product. If you choose not to purchase a product and you sell one of those products, your sales commission will usually “roll up” to the next qualified member (usually your sponsor). This is why it is important to establish yourself at the top level right out of the gate. This is where the true power of perpetual leverage is achieved.
How many levels deep in your team do you get compensated for? Understanding how many levels deep you are compensated for is crucial. Some companies will only pay you for your direct sales and that is it. Others may pay you for your sales and the one person you personally sponsored. The top companies will pay you for as many as five levels deep. This is where your true lifetime residual income will come from. This is why you must build a team that is very wide and then assist them doing the same. Some companies have a bonus pool that is a great reward and incentive for training others to be successful.
Are company subscriptions such as marketing systems and training commissionable? Some companies will compensate you for your team’s subscriptions. These subscriptions are from marketing systems or training platforms that are offered. These commissions are generally small, but with a wide team, they can add up fast and are perpetual.
Are company events and training seminar tickets commissionable? Company events and training seminars are hard to get team members to attend. But when the company makes those tickets commissionable, attendance skyrockets. Again, these commissions may be minimal, but add up quickly.

As you can see, there are several factors that must be met in order to have perpetual leverage of a legitimate compensation plan. Knowing and understanding your compensation plan is vital. If you do not know what to leverage, you cannot leverage it. Affiliating yourself with a work at home company that has a legitimate compensation plan and can show you how to leverage it is one of the most important steps that you can take.