Home Base Network Marketing Business For Your Retirement

Sorry that I had to start this article in a very grouchy manner, but my friend someone just come to me last week asking me this questions.

“Jason beside the Online business that you can become rich, is there any other way ?”

“This Internet thing is still not right for me.”

Well, i really hate to say this because it sounds like a old broken record, but sometime it really need to be play for someone, who I think their right brain is still in a coma stage.

There is lots of way to become wealthy of course, the quick, easy or lazy way.

Here are just a few:

1. Inherit Wealth

No work, no sweat, no worries.

The problem? It is hard to get adopted by rich and sickly parents. There are not many of these people around, while this method works.

It only works for a few. If you were one of the blessed, well, you wouldn’t be reading this article or finding ways to get rich. You would be cruising in the Caribbean now.

2. Marry someone who is already incredibly rich.

If you are not married now, hey, there is still time for you to find a wealthy spouse. But that’s not the subject of this article, as again, this is a way to wealth that few can do. Talking about Hollywood maybe you can go there and try your luck.

3. Hit it big in the stock market.

Your shares will double and triple in price. However, there is a problem. You have to already be rich to buy lots of stock and yes, there is always a catch in the stock market.But my friend this is a rich man game, high risk, high return, are you game enough to take the risk?

4. Win the lottery

I seen lot’s of people doing that, some even put 10 to 20% of their wages on that. But the math experts already know the truth: “The lottery is a voluntary tax on people who are really bad at math.” You are about 100 times more likely to be struck by lightning than to win the lottery. To put that into perspective, the odds are that you had to be struck by lightning 100 times before winning the lottery.My goodness out of a million numbers there is only one and after struck by lightning for a hundred times do you really feel like going out and having a good time spending your lottery money?

Lottery is entertainment, a reason to watch television or news paper to check if your number won a dollar or two. Play the lottery for fun, don’t use it for your primary investment.

5. Write a hit song or sing a hit song

I can’t sing. In fact, I can barely hum. If you are one of those rare individuals with superstar musical talent….go for it! Use that talent. Go for American idol make a million or two and enjoy. However, this article is not about writing hit songs. So if you are like me and can’t hold a tune, relax. There are plenty of other ways to financial independence.

And how About writing that great romance novel ?

Well, that is also a way to financial wealth, but a very rare way. Very few people are able to take this path.

Well, if these well-known ways to wealth won’t work for most of us, then how do average people become wealthy?

How you can leverage on technology and people for your business.

Ok, listen the first way to increase your income and build your investment fund is to have your money work for you. And, as we have seen, there are several ways to accumulate the money you need to get your investment fund started.

The second way to build your investment fast is through the principle of LEVERAGE on other people’s efforts and technology to help you accumulate and build your investment fund faster.

Here’s how to use people leverage in your business.

As the only employee of your business, you are limited to how many projects you can do in one day with only two hands and 8 hours. If you want to earn more money is by increasing the numbers of projects you can do, then you have to hire worker or helper.

Maybe you decide to pay your employee $20 for every project he or she do. Since you charge your customer $30 for every project, you now make an extra of $10 whenever your employee finished a project for you.

The more people you hire, you have more project in hand and the more money you make. This is what we mean by leveraging your time and effort through other people.

Do you have to hire more employees and use this leverage principle?

This is just another method to build your investment fund. Having extra options and choices are always nice.

Whenever you start a business you can use this people leveraging principle to quickly build your investment fund. However, many people won’t use this means of leveraging because:

1. They don’t want employee headaches

2. They want to keep their business small and manageable.

3. They don’t want to be responsible for overseeing other people.

4. They don’t want the paperwork and insurance headaches, etc.

If this method of people leveraging doesn’t appeal to you, there is yet another way to leverage your efforts.

Most people do network marketing every day, but they just don’t get paid for it.

You see, network marketing is nothing more than recommending and promoting what you like. If you are like most people, you recommend and promote:

Like when you watch a nice movie, will you tell your friend? Or sports team, restaurants, funny joke and the list go on…….

Since you recommend and promote daily, why not get paid for it, right?

Or you can continue recommending and promoting for free. Free isn’t bad. Charity work makes the world a better place. But if you are tired of working for free and want to join some smart entrepreneurs who get an extra income in their mailbox every month, you will want to check out internet network marketing.

Theses companies will actually pay you for recommending and promoting their goods or services. Instead of spending money on television advertising or newspaper ads, these companies rely on word of mouth promotion.

Think about it. Which long distance services promoted on television by an actor you didn’t like it? Or the long distance service recommended by your mother or your best friend, you felt it’s no good ?

Thousands of different goods and services are promoted through network marketing. Word of mouth advertising is powerful. Traditional media doesn’t stand a chance against a trusted friend’s recommendation.

So how does the people leverage principle fit into network marketing and technology?

Think of network marketing as a family tree or genealogy. Companies that use network marketing to distribute their goods and services not only pay you telling other people, but also when the people you tell go out and tell other people, etc, etc…… In other words, you could tell A who tells B, who tells C, who tells D and so on, and you could earn a monthly bonus check on all of their usage and sales.

That’s people leveraging at work.

And if you can tell the whole world about your product or services, you will be doing business world wide. Let’s say you have a relative who stay in a different states or your brother who is now living in Canada, maybe in Asia. How can you show him or her about your great opportunity and product? You don’t have to travel to them, use your computer.

The Internet.

In every field, from health insurance to electronics, from education to stock trading to home buying, more than 50 percent of American consumers are already going into the Internet, it’s so convenient now that we can call and see each other on the computer or even sent an instant message and picture by hiting on our enter key on our keyboard. Don’t be a “dinosaur” if you read my last article:

The Home Base Business of W=P x T you will know what I’m talking about.

I know of some people who use their network marketing income to accelerate their investment fund. In some cases, their part time network marketing income exceeded the income from their regular job so they decided to make network marketing their full time profession.

Over five million people are already collecting an extra income from their part time network marketing business in the United States alone, but the internet population is bigger than the population of China and India added together.

Since you are already recommending and promoting what you like, shouldn’t you consider getting paid for too?

Internet network marketing is one of the fastest ways to a quick retirement, this is important especially if you are at 45 to 50 years old and don’t have a lot of time for your money to earn compound interest. So if you are no longer young, don’t panic. Network marketing can help you catch up your investment fund in hurry and if you are in your 30’s get ready to retire young and rich.

That’s why I like network marketing.

To the top.

How To Entertain A Child While Working From A Home Office

There is no doubt that the benefits of being a work-at-home parent outweigh the drawbacks. However, some days can prove to be difficult when your two year-old is determined to climb on top of your filing cabinet while you’re trying to participate in an important conference call.

Here are ten tips that can help make your life easier, and your little ones happier, while you work at home.

Set up a little desk for your tiny assistant in your home office, close enough for you to keep an eye on him, but far enough away for you to focus on your work.

Tell your child that he is your personal assistant-in-training and emphasize what a big deal it is for him to have this title and his own work area.

Provide your child with some tools similar to those on your desk. Carefully select only the safest items that are virtually indestructible. Your child’s active imagination and natural curiosity can easily lead to disaster if he gets his hands on the wrong gadget.

Assign your new assistant with important job responsibilities. Young children love to imitate adults, especially their parents. Depending upon what type of business you operate from home, you can dream up duties that mirror what your child watches you do every day.

One duty that may delight your toddler is opening mail. Give the child junk mail, advertisements or anything else you don’t want to read. Provide a little trashcan or place for him to pitch the envelope if that’s what you usually do.

Another job that may thrill your child and can potentially occupy him for more than an hour is organizing your out-dated files, old business cards, duplicate copies, rough drafts and any other impertinent papers. The key to this little task is to place files to be organized in a basket or file bin and provide an empty desk drawer or old briefcase for your toddler to transfer the papers to and from – possibly repeatedly. If you can manage to concentrate on your work and coach your new assistant at the same time, you may stimulate their thinking by beginning to count the papers he or she is moving from the basket into the desk drawer.

A must-have for your new little employee is a notepad or notebook similar to the type you use for taking notes, and crayons (if he or she will accept such a “childish” writing implement.) Encourage your child to draw a picture for you and make sure you praise the final product. The more compliments he or she hears from you, the more your child will want to keep creating special drawings for you, or Grandma and Aunt Jeannie and Uncle Timmy etc. Either take a brief time out or make it a routine at the end of the day to hang your child’s masterpieces in your office. He will feel like he accomplished something that made you proud. Let your child help you tape his work on the side of your desk or up on the wall. You may be surprised by how intrigued your toddler is with tape!

A chalkboard is an easy, inexpensive addition to your home office that you may never need, but your assistant-in-training will probably use it every day. If you buy the big sidewalk chalk, your toddler will be less likely to decide to taste the bright colored sticks. If he or she does try to take a bite, the chances of choking are reduced with these fat pieces of chalk. Make a production out of adding this new item to your office. Pretend you need it to use it to record your daily business reminders. Your child will be more eager to get his little hands on something he sees you using. One little warning: Although this cheap addition to your office may offer a new outlet for your child’s creativity, it will usually lead to the need for a quick bath at the close of the business day!

There are a few items that are actually “toys,” but may be able to pass for “tools” (similar to the machines you use every day) to be added to your new assistant’s desktop. Various toy companies manufacture mini-versions of adult products, like little battery operated computers, designed to teach your child the alphabet or animal sounds; play telephones that ring by themselves and talk back to your child; and musical keyboards that perform tunes automatically and also allow your toddler to make his own melodies. Your toddler may be content to imitate you with toys, like these, that look similar or sound the same as your desktop devices.

Depending upon the location of your office, layout of your house, and your child’s level of independence, you may be able to designate duties that require him to leave your office to go find a phone book for you, or to locate that big envelope that came in the mail the other day. You can purposely forget to collect all the items you will need to complete your job that day or you can ask your little assistant to seek out objects that you don’t really have to have immediately. Toddlers usually like to look for things, especially when they think they are helping mommy or daddy. Be sure to thank your child and compliment him for being able to find exactly what you wanted!

Oxyfresh Home Based Opportunity Could Secure Your Financial Future – An Oxyfresh Review

Oxyfresh a home based business opportunity is a most interesting business at the moment to take a look at. Well, internet whizz kids and sports heroes may be grabbing all the headlines and the hypes, but home-based Multi-Level Marketing (MLM) currently holds the aces. Paul Zane Pilzer, an economist and best-selling author observed in his recent book that the wellness industry is creating more millionaires now than at any other time in history. Meanwhile, virtually all the companies in this sector distribute their products via Direct Selling and Network Marketing. As a result, the independent distributors or network marketers are having a field day.

Why is Network marketing so appealing now! Why? Here are several reasons. For one thing, most people are just now realizing that it just doesn’t make any sense to work for 40 years only to retire on â…” (one-third) of what was never enough in the first place. And for another, stock investment has proven once again to be a high-stake game you should only play if you have a crystal ball and can read it well! As for real estate, well, take at look at the market? The real estate market is a major loss at this time houses are selling for only a fraction of what they where worth a few years ago

Now throw in a unique brand of business leaders, coaches, and a powerful wealth-building system of residual income through multi-level marketing. What you get is a brand new home business opportunity that takes peanuts to start, but which easily catapults thousands from minimum wage jobs to earning millions in a matter of a few years.

Indeed network marketing and home-based businesses have taken the global economy by storm. Meanwhile many companies involved in direct selling are exploring ways of bringing network marketing opportunities into the mainstream.

Oxyfresh for example has set for themselves the goal of making network marketing income opportunities as popular as and on equal footing with, say, equities or real estate investments. They have designed a unique MLM business plan that should generate monthly residual income throughout a distributor’s lifetime, and even beyond-yes, it can be bequeathed.Oxyfresh is a 25-year old company. They manufacture health and wellness products.

They also offer distributors a chance to create financial security for themselves.

As a distributor, you are expected to emphasize the high quality of Oxyfresh products. The company believes-correctly-that direct sales products have to be better than what you can buy at a store. They must be unique in some ways, and should engender consumer-loyalty. It is reported that most of Oxyfresh’s sales revenue comes from repeat-patronage-consumers who have been loyal to their products for 10 to 20 years.

If you are thinking about taking a look at this opportunity here is some fact that you might be interested in. The company believes that network marketing is a people business, where success is predicated on how many dynamic and loyal people you’re able to attract. This means that as a network marketer you should want to learn how to develop good communication, leadership, enrollment, sales, and attraction skills. These are some of the personal development skills that will help you build a strong network marketing business.

Oxyfresh enrollment costs $35. But at the moment it’s free (till December 31st 2009). After your enrollment you’re required to purchase any of $250, $500, or $1000 Starter Packs. Each comes with products and other materials to get you started on the Oxyfresh home-based business opportunity.

Oxyfresh endeavors to run and grow their company in ways that enhance the reputation of direct marketing, they being a member of Direct Selling Association. Their distributors are warned against making claims about the products or income opportunities that the company does not make. Integrity and responsibility are two traits Oxyfresh distributors are encouraged to exhibit.

Is this network marketing opportunity for you? Interestingly, the economist we cited earlier equally stated that “there’s still time to get in on the ground floor and make your fortune in the wellness industry”. He pointed out that the vast majority of opportunities in this sector favor the individual entrepreneur.

It would be fair to for you, if you are interested in MLM to look for ways to cash in on the vast home-based business opportunities that abound in the health and wellness industry. But remember no matter what MLM company you decide to work the key to success in any company is learning how to market yourself and generate daily leads.

Make Money Online Easily With This Method Working From Home

Do you want to learn how easily it is to make money online? If you are a newbie or even experience and actually looking for a real method to make some serious money online everyday 7 days a week working only 15 minutes a day then keep reading…

With this method I am about to reveal to you if you do the work and put in the effort you could reach a significant amount of daily income. The potential how much income can be limitless!

I’d recommend you do this and work at least 15 minutes twice a week on it just to be consistence and will see the money roll in.

This method includes having your own website that will get super targeted traffic that will come from all over the internet. Mostly traffic from Facebook, Instagram and YouTube. That’s the trick… to use all the popular sites that the masses hangout on.

Anyways.. here it for those who want to actually make their first dollar with something that is guarantee to work. You will need the FOLLOWING:

1-You need a domain name,

2-You need a Hosting provider

3-You need to do keyword research

4-You need to create a website

5-You need to monetize pages with plugins and widgets

6-You need to add content with value

7-You need to add display advertisement and affiliate offer to pages

8-You need to generate free traffic

9-And last but not least, send PPC advertising (Optional, you will bank on free traffic either way)

Now I know what you are thinking.. seems like a lot! Not really… Most of the 9 steps takes less than 5-10 minutes the most to setup and once you’re done.. the only thing that matters is to keep sending traffic which is the easy part.

Most of you here will be able to understand the steps im sure. There is really detailed guide with step by step how to set everything up complete with illustrations and screen captures and tutorials showing you from scratch how to do it. It is available on the amazon kindle store which I will share at the end of this article so make sure you pick that up.

So basically, one you create your website all you have to do is use the traffic sources to get the visitors. Your site will be a blog basically. Each post you make should have an eye catching headline and well structured for search engines to pick it up.

I’ll start by beginning with step 5 since most people don’t need help with the domain and hosting part but if you do I highly suggest you get the full guide so you get the full tutorial from beginning to end.

SO here we go.. Step 5 is you need to monetize pages with plugins and widgets. The following plugins is what you’ll be using on your blog site.

A- Yoast SEO – lets you know if your SEO is good for posts

B- Popup Sync Facebook Page – Locks your homepage forcing visitors to click the “LIKE” button on your FB Page

C- Floating Social bar – Easy for your visitors to like and share your content

D- Social Comments – Makes it easy for visitors to comment under your comment from their Fb account

Now you need to do the following once you have a functioning website/blog.

1- You need to add display advertisement and affiliate offer to pages

2- Signup for networks that pay. I use AdSense and Amazon affiliate

Once you setup your display advertisement on pages play around with your ad placement to get the best CTR (click through rate)

Every post you use should sell something from amazon, in my case I sell mostly books related to my content. Amazon is great because most people have an amazon account with the credit card information already stored to make quick purchases so it’s a friendly experience to get people to buy easy. Plus it’s one of the most trusted marketplaces online.

Now here are ways to get free targeted traffic to your website.

Facebook – You will join popular FB groups only related to your niche and will share your post at least twice a week. Don’t share it everyday it will get remove and people will think you are a spammer and report you to the mods.

Instagram – You will also have an Instagram page for your niche market. You will be uploading images depending on the niche and using the correct hashtags to drive visitors to like them. I use “quotes” in my pictures I share and watermark each image with a link back to the post I wrote about.

YouTube – Use a video editing software and splice clips together based on my niche and the subject your blog posts are about. Without sharing the full information in the videos just make a little video teaser that way your visitors will check your site out after to get more information what they just watched. Redirect them with a link is in the description of every video.

Facebook Page – Yeah you need a Facebook page and group also based on your niche – This will eventually built up and when it does your traffic will increase dramatically. When a FB page has a lot of “LIKES” you are recognized as an authority in what you post.

CONCLUSION

To understand how this works you will need to set it up. It may look like a basic method but it’s really not once you see how effective it is when put to work. There are a lot of factors that makes this work as you will see in the full guide. Get the full guide today on your kindle which will only be available for a limited time only. This is value you won’t find anywhere else it’s a priceless method revealed in full.

Beginners Guide To Start Home Business

Any kind of works which is begin with certain level of plan and goal will be successful work. No matter what kind of work you are going to start, Plan and Goad make it easy going and it is proven strategy No any doubt on it. Today’s concentration is guideline for Beginners and Intermediate Entrepreneur

Let’s see how this Article will be helpful to those who are interested to start Home Business.

Successful Step 1 to select proper business:

Find some proven track record Home Business Company. Sign-UP 4-5 Free or affordable programs which has nice compensation and solid product and Plan to sell. Mostly you can received affiliated link URL from which you can earn money if, someone will purchase products or opportunity from your URL.

Success Step 2 Advertise your Business:

More people see your Link will be a more chances to sell your product or opportunity. You try to advertise your affiliate link more and more places to grab more chances. These days there are number of ways to send your link like Search Engine, Bloog, Article, PPC, Leads, Classified aids and many more ways. Do it which is convenient for you within your knowledge and capacity at the beginning stage.

Success Step3 Manage Your Time:

It is very important to get more profit in less time if your time management technique is based on sequence and priority. Set to do list each day for daily work, each week for weekdays monthly and yearly.. this is the great idea which will make you smarter and smarter every day.

Daily to do list: It includes like

a. Classified posting 2 hours

b. Go and surf website forum to get some help.

c. Chatting with Friends.

d. Sleep 1 hr afternoon after lunch.

and so.. on

Weekly Plan:

Sunday: No work rest, relax with friends

Monday: Website Design

Tuesday: Article Writing

Wednesday: PPC Campaign

Thursday: No work

Friday: Email Marketing Campaign

Saturday: Review all shortly…

Success Step 4 Set your goal

If, You really want success in your very own your private business you set your goal according to your effort and finance. How much time each day you give your business and how much expense a day, a week or a month that could help you for your goal setting in accurate way. According to your activity you may chance your setting aswel

Your Daily goad:

Weekly Goal:

Yearly Goal:

2 Years Goal

5 Years Goal

Your life Goal: and More and more…

I hope this Article will helpful for you in certain extend. If, you have any question about this you may send email to me at m.semlar@gmail.comI will try to reply you.

Want to Earn Extra Income From Home With Network Marketing? Just a Few Things To Keep In Mind

With the economy in flux, many people have been flocking to the home based business industry to earn extra income from home. It has become increasingly popular in recent years and the need to have an even narrower focus is increasing as well. Luckily, the competition that is amassing has made it all the more easier to earn a living at home.

The most ever growing way to make money from home is network marketing. Many would consider it the most sure fire way to earn extra income online. It doesn’t take as much internet savvy or experience as other options given the proliferation of sites out there that would provide you with all the necessary material and instructions you need for dirt cheap or even free. But that certainly doesn’t mean that you will become overwhelmingly successful without these things.

In order to earn extra income online with network marketing there are a few tools you need to keep in your arsenal:

Effort and Focus: Don’t be fooled by anyone who tells you that you can get rich quick online. To earn an extra income online you will undoubtedly need a bit of focus and effort to reap significant rewards in the long term. Rarely does earning extra income from home happen immediately so make sure you do your research and stay on top of whatever niche you choose. If you choose not to, you could miss a crucial step or make a critical error and grow impatient because the gratification isn’t coming as rapidly as you thought it would.

A Little Internet Cleverness: I would suggest to take advantage of two things in particular: keyword analysis and article or blog posting. By taking these steps you will definitely put you ahead of the pack and earn extra income faster. Keyword analysis involves researching which search terms are most popular in Google and will have your blog or webpage ranking high on the first page. Once you have a good number of strong performing long tail keywords, be sure to publish articles or blog entries that are rich in these keywords. This way, you will be marketing for a purpose and you will make money online in a more cost and time effective way. These steps are incredibly essential if your goal is to earn extra income online.

Be sure to keep these things in mind when you begin the network marketing process. If you fail to neglect just one of these things you will be just spinning your wheels and running a non-profit organization. Given the increasingly stiff competition these days, you will certainly need focus, and effort to have the patience and resolve necessary to generate considerable income but you will also need good keyword researching techniques and blog writing sophistication that is absolutely crucial to earn extra income from home.

How Can Stay at Home Moms Make Money From Day Trading Stock Picks

Any stay at home mom who wants to make money online can avail themselves of the lucrative business opportunity of day trading stock picks which can easily help them to earn at least $500 a day without any need for advertising, warehousing and selling any physical goods or services. I know you desire to figure out how can stay at home moms make money online? Here is an easy-to-follow method you can use to make enough money to pay for your dream car or fund your children college education without sweat.

If you seriously want to make a regular and consistent income daily then day trading stock pick is what you should be doing now. Do not waste your time on those get rich quick schemes you see around. This is how you are going to be making money online from today. Imagine yourself sitting in front of your home PC or laptop on a cool Monday morning with your glass of orange juice beside you. The stock market opens in 25 minutes and you put on your PC or laptop. You instruct your stock trading robot to scan the database of penny stocks and after some minutes, the robot beeps and alerts you of potential profit-pulling stocks you should trade.

This is the type of business recommended for every stay at home mom to make huge money online. On this typical Monday morning, your robot has given you an order to buy Stock A for $0.13 and you quickly buy 10,000 shares of Stock A for $1,300 and you log out within a period of 10 minutes and go about your daily household chores. The next morning, you log on again and the robot instructs you to sell Stock A for $0.46 and you quickly contact your online brokerage firm and you sell all 10,000 shares. Can you imagine the amount of money you have made? Get out your calculator out now! You have made $3,300 within a period of 24 hours.

This is the kind of situation you will be faced with from today if you decide to throw away all those difficult and time-wasting chores you call business. Join the number of successful British and American stay at home moms that have discovered this easy-to-do home based business.

Truth is, on the penny stock market, stocks swing in price very fast. You will observe that stocks trading at $0.12 today may skyrocket to $0.54 the next day. This kind of price movement is not unusual at all. It happens just like that every single day.

This is the best and easiest way every stay at home mom can make money online today. Day trading stock picks is one business you cannot afford to allow to pass you by. In a very short time, with $500 flowing into your account every day, you will say good bye to all your money worries. Your dream car or dream home will be within your reach in less than 60 days!

Top 10 Reasons Home Based Businesses Fail!

Something For Nothing Syndrome

Let me be perfectly honest with you, there is no such thing as something for nothing, but you already knew that didn’t you. Then why are there so many home based business and success programs being sold by way of TV info-commercials, ads in magazines, newspapers, and the especially the Internet? I personally think that we would all like to think that there is a shortcut to success but deep inside we all know that is success is earned. Success would not be success if you could simply purchase a home based business system for $49.95 that is completely automated and all you do is collect the money, yet I have personally seen thousands of internet sites and info commercials claiming they have a fully automated system, plug in and you will be wealthy by just paying your $49.95, presto you’re an instant success, no real efforts required, they even guarantee it. People are purchasing these programs every day and they are disappointed everyday. I will even admit to you that I have purchased these programs and had them piled up in my drawer (anybody else?). I am not saying that you must work your life away, but I am saying that focused and leveraged efforts are “key” to success. Let’s compare a home based business with a weight loss program. Weight loss programs are everywhere and they range from real programs that teach the truth, which is healthy eating and exercise are required to get any real results, to magic weight lose plans that all you do is take a pill and you are magically transformed with no effort. There are some good weight lose systems out there, but the key ingredient is you and the efforts you put forth. So the truth about your home based business will be the very same, the key ingredient is you and the efforts you put forth will determine your success. If you are broke and looking for that magic pill to save you, it does not exist, do both of us a favor and stay at or go get a J.O.B. If you approach your home based business with a focused and committed attitude, understanding that a business does require work and capital (money), you are well on your way. The great thing about the home based business industry is that you can get started with minimal funds compared to other more traditional brick and mortar businesses.

Not Understanding Capital & ROI

Capital is the money required to start and operate your business. Remember Rule #1, there is never something for nothing. Understanding how much capital is going to be required to start and operate your business until profits are realized is an important factor in the success of any business. Once your capital needs are identified you can begin to calculate your ROI “Return on Investment”, or should we say “Return on Capital”. So for example, if your business will require $20,000.00 to start and operate until profits come in and that business will generate $100,000.00 net profit the first year then you would have achieved a complete capital payback and a 400% return on capital first year. Wall Street would fund this business model all day long. The home based business industry really does offer this type of return, that is if you understand your capital requirements and have a business plan that provides leverage. For example most brick and mortar businesses do not pay back capital first years, so no profit is realized for several years! The challenge with a home based business is that thinking you can purchase a business for $49.95 on the internet and then make a million dollars, frankly is a fantasy. In fact, let’s look at a franchise for example, a $200,000.00 capital outlay is not uncommon to purchase a franchise, that franchise would then usually produce net profits in the neighborhood of $50,000.00 per year. Might make it more understandable to offer a specific example.So in this franchise example, it would take four years just to break even and start producing a return on capital, not very exciting is it. If success was easy it would no longer be success. Look for opportunities that can produce a reasonable ROI first year, and that require a minimal capital investment. Any businesses that can produce a 1st year capital pay back, while also producing a first year net profit is always a winner. Look for a home based business with great ROI potential, this will be best accomplished with leverage. Expect to capitalize your business properly and understand your business plan. Ask yourself how much capital will be required and how long will it take to pay back that capital and to then realize a net profit. Remember the more leverage you have the more net profits you will keep. Gross sales are important but I would rather start a business with gross sales of $100,000.00 year and that produces a net profit of $60,000.00 (60%) over having a business that has gross sales of $1,000,000.00 year and a net profit of $60,000.00 (6%). They both produce the same net profit, but the business with the larger gross sales will in most all cases be 10 times more expensive to start (a lot more money up front) and will have more employees (and taxes) and require a lot more of your time to manage. So the return on your time in a business is what you make an hour. The larger the lever built into your business model, the more you make per hour spent.

Listening To The Wrong People

Why is it that if we are learning to golf we have no problem taking lessons from the Golf Pro at the Country Club, or if we were learning to Skydive we would be insane to learn from any one but the Jump Master. Yet when it comes to learning to earn a substantial personal income we usually make the mistake of listening to family and friends most of the time, or we actually think we are qualified to teach ourselves, this is called the school of hard knocks. If you are looking to earn $100,000.00 a month then doesn’t it just make sense you would look for a person or better yet, a team of people that have already achieved this level of income and then learn from them. We would never have our friends or family teach us how to jump out of an airplane. The challenge we do have is unlike in golf or skydiving were we know where to go for expert advice, where do we go to learn to earn a substantial personal income? Well a franchise system is one place where a successful business system is taught to you by other successful people, but we all know that a franchise requires a large up front capital outlay. When evaluating a home based business system look at the training and support, make sure the individuals doing the training are at a high “personal” level of success in that business. Most companies have customer support teams that are just hourly employees reading information from manuals. They are not qualified to teach you how to reach the level of success you are looking for, or worse yet you can only e-mail your questions or complaints to them. You should look for a home based business system that allows for the top income earners within that system to be the trainers. This way you are learning from the people who are getting results. Ask yourself, will I have the telephone numbers of the people with whom I will be doing business, will I have access to the top income earners on a daily bases if necessary. Or will there be a $49.95 kit sold up front, only to find out that if you want to access the real training and support, it will cost you an additional $5,000.00 or so, let alone the other capital you will need to operate your business. I will not mention any specific companies but they are doing info-commercials every day. Does the home based business you are considering have mentors and coaches who are successfully operating the same business, and do you have access to them for the price of the business, no hidden costs? Remember e-books and online kits are usually designed to make the person selling them rich, not you. If you can not get the company on the phone before you purchase, please be very careful. Make sure that the company is registered in the United States and they are required to follow US law, there are a lot of these companies whose headquarters are offshore, ask yourself why? Websites without phone numbers are designed to make the company money, without doing any real training and support. When you purchase a franchise they always include the training and support as without it they know you will probably fail. It is usually not even an option to leave it out and why would you? Make sure you understand how much training and support is included in the business system, an unlimited amount would be optimum. Live training from real people that are successfully operating the same business is the very best, e-mail only support can drastically limit your learning. You deserve to be trained by the best make sure it is included, otherwise you are probably wasting your time!

Marketing, Marketing and Marketing

You can have the best products in the entire world or provide the best service in your industry, but unless people know about your products or service, you will be out of business. There are many ways to market your business and they can be very simple and inexpensive or they can be complicated and very expensive. Make sure to keep it as simple as possible and understand your conversion rates. This means that if you spend $1,000.00 a month on advertising and that generates 100 potential customers and 3 purchase your product. You have a 3% conversion rate. You should also make sure that your profit from those 3 sales provides enough revenue to pay all of your costs (including advertising) and still provides you with a net profit. Finding products that have a substantial profit can make this process much easier. Repeat business can also be instrumental to your profitability. If your customers return and purchase again you have made a profit without any additional marketing. Repeat business is essential to a successful business and marketing system. It is possible to operate a profitable business with no repeat business, but why not look for a business with repeat customers built in! When considering a home based business the simpler the marketing the better.

Poor Environment Management

Working from home offers many benefits such as no commute and no day care costs, etc. The flip side of this coin is that distractions can exist that you do not find in an office setting, such as crying children, barking dogs, the television, you get the idea. The trick is to balance your environment. It may take a little practice but by no means is it difficult with a little planning. So take advantage of all the positive that a home based business provides, while learning to manage your environment, working from home can prove to be an enormous advantage over the rat race. So create a workspace that is a dedicated resource and set some simple rules so that you can create a professional office environment at home. Creating this environment is key, make sure you have good equipment. If you are constantly struggling with your equipment you will not be focused or efficient. You can involve the rest of the family and make it positive for everyone. It just takes a little communication and cooperation to have a successful environment. Be creative and have fun!

Having A Closed Mind

Entering the small business arena can be a change of pace. If you are operating a business for the first time as an owner rather than working as an employee it will be imperative that you keep an open mind so that you can learn new concepts and not look upon new business concepts that you may be unfamiliar with as risky. Anytime new information or concepts are presented keep an open mind and be a student of the information before you form any conclusions. Be informed and educated before you make judgments. If you are a seasoned business professional coming from a large corporation it is also important to be open minded as operating a small business can be completely different. A strong ego can keep you from learning new things. Remember the only requirement for being an expert is results, so look for results not at the age, color, or gender, of the person teaching you, just their results. Be coachable and trainable and become a student of your industry. Network Marketing and home based businesses can offer huge leverage if you just keep an open mind. A lot of major Corporations sell there products through Network Marketing, and these concepts are now taught at major universities. GM sells cars this way now, so just because you are not familiar with a certain type of business or compensation plan don’t judge it until you have learned all there is to know. It may be the best way for you to get in the game if you lack a lot of capital (money).

Poor Product or Service Selection

Selecting products or services and more importantly focusing on the profit potential is a critical component. Yes it is always exciting when you can work with products or services that you are passionate about, but please remember to look at the net profitability and your overall plan. So if your product has a substantial profit margin you have a much better opportunity to succeed. Look for products that can be drop shipped to your client and products that will also provide you with substantial net profits. This way you can focus on marketing and running your business. Understand that Service businesses can be more difficult depending on the service and if you are required to provide the labor. In most cases with services you will do the labor, but you may be able to market other people’s services, this would be our recommendation. With any service businesses you may find you have just purchased yourself a J.O.B. Always look for others to do the bulk of the work so you can grow quickly. Pick suppliers that have large capacity. As you identify your products or services choosing ones that allows for repeat business will also be a key ingredient for a profitable and successful business.

Fear of Rejection

Fear of rejection is usually caused by low self-esteem and the lack of self-confidence. A business can not be profitable without sales. Remember that when a potential customer rejects your product or service he/she is not rejecting you they are simply rejecting a product or service at that point in their life, they may very well become a customer at a later time, so stay positive. The most successful people in sales are the ones who receive the most rejection as that means they have also sold the most products or services. The home run champion is always high in the strike out count as well. Through practice and good training you will master this skill and be a successful home entrepreneur. Please do not fall into the trap we discussed earlier were you are told the system is fully automated and you will not talk to anyone. If it was that easy we would all be rich. Businesses require sales and those sales involve people and more importantly contact with these people. Home based businesses are no exception. If you are afraid to sell then a J.O.B. may be a better choice for you, preferably not one is sales. Sales drive every company and the relationship you build with your clients will keep you in business. Look for home based businesses that will provide you with warm contacts through your marketing efforts so you are not cold calling. Cold calling is painful especially for people new to sales. Be determined to develop reasonable people skills if you intend to go into business. You may not currently have them but you can easily learn these skills if you posses self confidence and are willing to do a little practice.

No Leverage

If you do not understand leveraging then you might as well dust off your Resume’ and hit www.careerbuilder.com. Leverage is the only way you will create real wealth in your life. A business owner leverages his time by hiring employees, these employees leverage his time. This is why service businesses where you do the work have no leverage without employees or someone else doing the labor. A manufacturer that uses distributors is an example of leverage. A franchise that sells it’s system and collects a portion of profits is leverage. An author, who writes a book once and sells it over and over again, is leverage. An actor who stars in a film and the film is shown in theaters all over the world is leverage. Leverage can be created in many ways but if you ever want true wealth you must create a lever and the larger the lever the more wealth. Leverage is the key, so look for leverage in a system you can learn or create leverage in the business you decide to run but find leverage and your profit will multiply equally to the size of your lever.

Inadequate Planning

Creating a plan to achieve your goals is paramount. This should include a “DMO”, “Daily Method of Operations”. Focus efforts can produce the best results just like the magnifying glass focuses the suns rays and creates fire, your efforts can be focused for best results. Having a precised plan with measurements is imperative, for example to say your goal is to improve sales, is a goal without a measure. Instead say your goal is to increase sales 30% in the next 90 days, this is an example of a goal with measure and a completion date. You can clearly measure if you have reached your goal as well as track its progress along the say. Set your DMO and follow it while consulting your goals on a daily basis and make sure you are doing all necessary to meet your objectives. Managing your time is important but focused effort and balance will propel you to success, don’t forget to relax and have fun. By focusing your time, you will surely get better results in all areas of your life.

In conclusion:

We want to make sure you have the knowledge and information, to you make these important decisions. Our Mission is to provide all the support and resources you require to assist you in making an intelligent decision about the perfect business opportunity for you.

If there you are looking for that perfect business and do not currently have one, and what you’ve learned makes sense then revisit our site for further information, or e-mail us at info@ultimatesuccesssystem.biz.

I wish you all the success in your endeavors.

Cordially,

Bart Saxey

The Ultimate Success System Team

www.ultimatesuccesssystem.biz [http://www.ultimatesuccesssystem.biz]

A Home Business, Possibly The Best Of Both Worlds

There are so many individuals who are financially suffering, with dwindling household incomes, and the price of living continually rising. There are many one-income homes that are looking at becoming two. If you are considering going back to work, it is important to approach returning to work fully understanding the complications that can arise with two working adults in the home. If there was an arrangement that one of you would stay home while the other would go to work, you may be reevaluating your roles and how you can increase the home finances.

If you have children and have not looked into child care in recent years, you may be completely shocked by the price of paying someone to watch your children. If you are considering working outside the home, taking into account all the expenses of doing so, it is important to be realistic about what you will be taking home after you account for all the little extras. Not only will you have to pay for someone to watch your children, you will have to pay for someone to do all the things that you do on a daily basis.

If your children get sick, who is going to stay home with them? If they need to be picked up from school, who is going to be available to do that? Perhaps you should consider the prospects of working from home, finding a home business, instead of forging out into the workforce. By the time you factor in all the things you will be paying for, the payoff may not be great enough to equal the inconvenience.

There are many home business endeavors that are not scams, but real ways to earn money from home. Realistically, you don’t have to earn that much extra to help out the family finances. When you aren’t paying for someone to pick up the slack at home, or watch your children, you have more flexibility. Just be careful not to choose a home business that is asking too much money from you. If a home business is asking you to invest an enormous amount of money, it should send up a red flag. Many home business cost nothing to get started because, after all, you’ll be expending a lot of time and money advertising the business. It is best to startup with a zero investment business.

There are many opportunities for you to do from home located online. Not only will they allow you the luxury of staying home, they will not cost you the expense of travel. Being your own boss, you get to make your own hours and be in charge of your earning potential. The key to finding a lucrative at home business is being patient and really exploring all the options available. If there is something that you are good at, think about ways you can maximize your talents. If you are good at party planning, think about becoming an event planner, or if you like children, why not run a daycare out of your home. Being smart and realistic about what you can, and can’t do, is the best way to find the most prosperous home business to begin.

By: Eyo Asanga

The Difference Between Front-End Products and Back-End Products For Your Home Business

So you have a website, a landing page to capture your customers’ details and you are about to send them an offer of your product. Now what? Why do most of them not buy from you? What are you doing wrong? Questions like these are common with a home based business and when there is no answer available,thoughts of failure occurs.

This is where you will have to know the difference between a front-end product and a back-end product and what it can be worth to you and your prospects. There is a way where you can over sell a service and burn your list very quickly instead of building it. The fact that people have signed up to your website for free information, does not indicate that they will buy from you in the future.

That is why it is necessary to offer a product at the beginning of the sign up and then follow it up with numerous different ones. You have to remember to present all your list of customers with valuable information. Otherwise, you take the uniqueness away from your service and you become a familiar tune amongst those that will not buy!

Your front-end product is displayed straight after a person has signed up. They might not buy anything but at least it is there to be considered. This can help you cover the costs for paid advertising if used. An example will be if you have a daily budget of $50 set on getting exposure for your home business and you make 5 sales at $20. Now you have the privilege to cover your daily budget and make a profit of almost the same amount. Can you see what an asset this can be to you?

You can even put forward a discount or trial as they click away from that site. This way you can still at least cap the cost of the paid advertising and break even for the day. The important approach that you took was to continue building your list of prospects and selling your front-end product simultaneously. Even if you do not make a profit for that day, you still added a big number of potential buyers.

The back-end product is then offered afterwards through the use of e-mails. This is a proven formula for any home business that has a healthy number of customers. You can practise this method indefinitely and concentrate on always getting more people to join. Any offline business needs to grow on a daily basis and endeavor a better turn over each year. The same goes for your online business and that constant efforts to increase your followers will create great diversity.

Your home business will be very successful if you implement this method consistently and you will make money online daily. Once it becomes irregular, every minute of profits will be lost.

Exit mobile version