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    Free Essay
    6.9 of 10 on the basis of 1982 Review.
     

     

     

     

     

     

         
     
    Hey i invented that first

     

    The other day I was struck by the “Hey! I invented that!” conniption fit. You know the one I’m talking about. It happens when you’re mindlessly watching TV and a commercial pops up marketing THE item you always told your friends, family, and anyone who would listen, was the next big idea and would make you tons of money. And there it is. On TV. Making someone else tons of money. Or maybe you’re the type that gets spastic with the “ Psssh! I could make that!” twitch. Whether you have the “I thought of it first” knee-jerks or the “any five year old could do that” spasms, it all boils down to the same coulda-woulda-shoulda disease. The appalling disease of inaction and envy. Tired of hearing stories of so-and-so selling such-and-such on eBay (“I could do that!”) or neighbor Joe making big bucks with his online business (“Didn’t I just tell you what a great moneymaking idea that is?”)… I took matters into my own hands and plunged into the world of web marketing and online business. Now there were more than just a few “humps” or misconceptions that I had to climb over (alright, alright, I was dragged over kicking and screaming by the tow-truck of necessity). But here are two major ones: 1) Making a website is hard. Well, I’m not going to lie to you and say it was peaches and cream, either. It turned out to be rather simple when I realized I didn’t need to learn any fancy new programs from the ground up. For real beginners, there are free html editors that you can download from the web; and if you’ve ever typed a document/essay/paper/letter in your life, you basically understand a textual layout and the things you can do to it. So fine. My first website was not very… attractive. In fact, it was rather boring. However, I had some fine power tools on my belt. I knew how to google. The thing about the Internet is people like to talk, and they like to give out information for FREE. So I learned just enough html to understand the underlying structure, and I used that helpful little trick of “View>Source” (on simple pages, of course… simple but better looking than mine). I googled any html code abbreviations I didn’t understand. And voila – I had a website that looked… downright gaudy. Long story short, I learned the fine art of balancing a little too much with just enough. (Helpful hint: just because you now know how to highlight every other word, doesn’t mean you should.) And patting myself on the back over a job well done (at least until I can make enough money to hire pros to make my site uber-wonderful), I then ran into misconception number two. 2) If you build it, they will come. It took me a while to realize that the only ones who knew of my existence were family, who I bragged to, and my hosting site, who I’m sure will remember me on "invoice day." You can see where I'm going with this next. Ok, I'm not going to re-hash everything you already know about bringing people to your site, nor am I going to preach to you about "conversion rates." Let's just say the bottom line for actually getting your website viewed, is to be creative. There have been hundreds (and will be probably millions) of e-books and the like which show you the sexiest ways to get traffic to your site, down to the simplest method like...hehe...writing an aticle. (dancing emoticon) A lot of good information out there is, again, free. Ultimately marketers want to sell you something, but you would be surprised at the amount of free information on the net that is actually worth something and is more than a baited hook. Poke around, do some research, check out a few forums, download a few e-books (free or paid), and above all get creative! -Joshua White webwealthmethods

         
    Higher returns with entrepreneurial investing

     

    Long-term investing in the stock market can offer a passive return around 5-8% if you remain invested for 30 years; but, unfortunately, that return is before taxes and inflation. This is so low because the company founders, backers, early investors, investment bankers, etc., have removed all foreseeable profit from the company before it is ever offered to the public market. There is a spectrum of investments available to you that is dependent on how much effort you are willing to put into educating yourself, networking, and performing your own investment due diligence. If you don’t want to do any work, you are going to receive the tiny return of a CD or mutual fund in exchange for supporting many people (in expensive suits) in between you and the actual business that is making money. For people willing to educate themselves and put forth added effort, they will be sitting across the table from business owners and managers; investing directly into a business that pays monthly or quarterly cash returns from 10 to over 20%. For example, let’s suppose that there is a great single-family rehabber in your area. This rehabber buys homes in bad condition, fixes them up, and then quickly sells them for a profit. If he or she were very good, they’d begin taking on several simultaneous or larger projects until they run out of money to buy any more homes. Once they run out of money, they start using their credit until that is used up as well. Once a successful entrepreneur is out of cash and credit, the only way to grow is to partner with investors. And to entice these investors, they offer higher than average returns. [I want to make a very important distinction between what I define as a “start-up” and an “on-going business”. A start-up is a few people that only have a business idea who want to spend your money instead of theirs – never invest in them! Leave these to the professional evaluation of a venture capital firm. An on-going business is already being run by someone professional who has current customers, suppliers, location, products, or services – these are the types of businesses you want to invest in]. You may be simultaneously networking with local business owners, educating yourself about their industries and the local economy, and checking the reputation of those with whom you are interested in becoming a partner. Introduce yourself as someone that has been watching their success, and indicate that might want to invest in one of their future projects. It could be a business owner who has four retail stores and that you’d like to invest with them to open their fifth store; or the owner of a local manufacturer needs some capital to startup selling products overseas; or invest in a developer that splits large plots of land into residential lots; or an investor that packages privately held mortgages. There are many local investing opportunities that offer the investor greater control than buying public stock, along with higher investment returns. Direct ownership requires a few skills that buying a CD or mutual fund doesn’t require, but you will be well compensated for developing these skills. The first skill to learn is some basic accounting because financial numbers is the language of every business. You need the basics to start reading financial statements in order to evaluate potential deals. If your desire is to invest in car dealerships, you need to know the difference between a well-run or a poorly-run dealership from reviewing their financial statements. The next skill is networking to locate deals – get your phone ringing, business card circulating, and e-mail account filling with potential deals. Private equity and debt financing is normally offered to family and friends, then acquaintances; and this will only happen if you are meeting people and talking about what you are looking for. The third skill is performing due diligence; which means independently verifying as much as possible about the individual, the company, and the transaction so that you can be reasonably confident in getting paid in full. Few local private offerings will have a prospectus written by teams of lawyers and accountants who have dissected the offer, so you, personally, have to do the work. No matter if this is a relative or a friend, there are people who will steal your money and disappear or people that mean well but are unable to follow-through and build a successful business. In either case, your hard earned money is long gone so you should take great pains to get independent third-party verification of all the facts and history that you can. I personally know a few people that have built their wealth with the high returns from private placement offerings, and wouldn’t invest in the stock market due to the lack of control and lower average return. If you have the willingness to put forth the effort, great returns can be yours as well.

         
    Home based business network marketing

     

    Numerous businesses are going to offer you the opportunity to become a distributor of their products or service. While many offer this opportunity free of charge, others may charge a fee similar to a franchise fee, due to their willingness to set up a website with you name on it and by offering you instruction on how to make it succeed. Regardless of their motives behind the willingness to share their knowledge, you do have the opportunity to share in the wealth of internet business operations. Where many people make the mistake in getting involved in a home based business is they believe that just by filling out the online forms and paying the franchise fees they will start making money immediately. They do not think about they came to be involved in this opportunity, that someone was marketing this plan to them and in order to grow their new business, they are going to have to market it to others. There are numerous ways to do this, such as old-fashion advertising, handing out business cards or even putting you web address on the side of your vehicle to be seen while you drive to the grocery store. All that may be good to draw a half dozen people or so to your new business venture, but to help it really grow will take network marketing to succeed. Oil millionaire J. Paul Getty is often quoted as saying he would rather have one percent of the efforts of 100 people than 100 percent of his own efforts, and that is the basis of network marketing. The Kirby vacuum cleaner company devised its own form of network marketing as far back as 1935 before the word was oined and the concept totally understood. That company knew that to sell their sweepers, a personal presentation was needed. They had a few dealers with whom they shared the profits of their sales and using their proven methods they taught others to sell the sweepers and each person who was brought in a sales representative could also share in the profits off the efforts of others. While a few people may make a lot of money in a short period of time with network marketing, most grow their business slowly. First, they must learn the business and how to market it as their own home based business. By devoting a set number of hours every day or every week they learn from the company sponsoring them how to market the product or service they are selling. They can then train others to be successful, teaching them to market the product or service and make money from their sales as well. The more people they have working under them, the more money they can make.

         
    How an entrepreneur cut his electricity bills by 1750 a month with a 200 product in 1 minute

     

    Copyright 2006 Martin Pavion Chris Johns is the founder of SupportSave – a US company based in the Philippines. They offer business outsourcing to companies worldwide. His office may comprise of 200 employees for 8-10 hours a day. His electricity bills have been terrifying! “In Manila the humidity means that we need to provide air conditioning at all times. We must keep the working environment comfortable so that our staff can be effective but it was always a worry when our monthly electricity bills arrived at the end of the month.” Chris has been spending over $5,500 every month on his power costs. Each member of staff works in front of a computer, over 70 air conditions may work at one time and printers, photocopiers and faxes are constantly being pushed to capacity. Since February however Chris tested the Power Saver 7 to see if it really could cut down his costs. Power Savers are little boxes you plug straight into your plug socket at home, at work, or in a factory. As soon as you do this your electricity costs will decrease. You leave this device plugged in 24 hours a day and by the end of the month you will see a saving of up to 40% on your electricity bill. There is no need for maintenance, results are immediate and the unit can pay for itself in a few days of industrial use. Power Savers are completely legal, using strong scientific means of improving the efficiency of your electrical circuits. There are many models on the market catering to students in studio apartments to large industrial units suitable for factories. Power Savers cost between $100 and $200 for quality export-quality units. They are expected to last for over 4 years so they make a very effective investment for all users. Chris’s average monthly bill has now stabilized at an average of $3,940 – saving him 31% every month. “The $1750 I’m saving each month would enable my business to employ over 7 full-time workers. I’m delighted with the results and expect this product is going to improve profits for a lot of businesses”. Power Savers have grown in popularity in Asia however they have not yet become common in developed countries. Products such as the Power Saver require extensive testing before they can be sold outside of Asia and these tests have only recently been completed. Now that users are seeing immediate results from Power Savers it is likely that the popularity of Power Savers will continue to grow for many years to come and average costs for electricity will drop dramatically.

         
    How gadgets make history

     

    The history of gadgets spans as far back as humanity itself — since hominids began creating tools to make their lives easier. Humans have always created devices and appliances with specific practical purposes that were initially thought of as novelties, due to unfamiliarity with and initial unwillingness to accept the technology. Today, industry has augmented the creation of new gadgets, while certain retailers, including Brookstone and Richard Thalheimer’s RichardSolo, specialize in popularizing them. What famous inventors Benjamin Franklin, Thomas Edison, Alexander Graham Bell and Leonardo da Vinci, among others, had in common was foresight. They understood that a lifetime spent playing with what others viewed as toys and senseless gadgets would eventually result in indispensable technology. From just that small group, the groundwork for electricity, communications, film, and flight was laid because of their gadgets, which obviously possessed more value than novelty. Perhaps one of the earliest, most well known gadgets created is the wheel, many millennia ago. Take a ride in your car and witness how truly revolutionary such a gadget became and how much we now rely on it for transportation. A more recent gadget, the Apple iPhone, appears to be the beginning stages of yet another gadget-turned-necessity that will reshape communications. "The iPhone may someday be looked upon as the device that started a second revolution in computing. Desktop computing was the first revolution. Hand-held computing will someday be regarded as the second revolution, and the iPhone is the product that started it." -Richard Thalheimer, RichardSolo All gadgets were not created equal. In fact most inventions are built on the newest technology. The world of gadgets is tiered; devices fall into one of four categories: mechanical, electronic, programmable, and application. Mechanical gadgets include the wheel, as well as later developments such as the pulley, the bicycle, the sail boat, the thermometer and the sort. Following the advent of electricity, gadgets were taken to a new level as inventors began to discover different uses for the newly harnessed energy. The television, radio and quartz watch are examples of electronic gadgets. After electricity, inventors toyed around with electronic information via microprocessor, beginning an age of programmable devices such as computers, and later, MP3 players and the iPhone. Application gadgets include iTunes, Microsoft Office and other computer applications that customize our experience with programmable devices. Richard Thalheimer, the President and founder of online gadget vendor RichardSolo, and founder and former CEO of gadget giant The Sharper Image, understands, maybe better than anyone, that there’s much more to gadgets than novelty. "Certainly most people enjoy the novelty of a gadget that introduces new convenience to their lifestyle. What they forget is that solving these everyday problems is not just entertainment, but some of these devices become functional necessities. In my personal life, I rely on my iPhone, my garage door opener, my nose hair trimmer, my electric toothbrush, and other gadgets that were once regarded as novel gadgets. " - Richard Thalheimer, RichardSolo Both his former brainchild and his current venture sell quirky, useful and fun gadgets of all types, from mechanical to programmable and application. He has seen some devices, such as the Ionic Breeze air purifier, spur sensational and lasting trends based on a realization of utility value, while others collected dust on the shelves after their novelty wore out. Specialty stores like The Sharper Image and Richard Thalheimer’s RichardSolo serve a greater purpose: spread new ideas, and give credit to the Franklins and Edisons of the world. ~Ben Anton, 2008

         
    How hazardous waste is treated stored disposed off

     

    : Every type of industry generates certain amount of hazardous waste. Hazardous waste is dangerous and can potentially be fatal for the environment and people at large. In an attempt to make it less deadly several industries are turning to hazardous waste disposal company to have their hazardous waste managed from “the cradle to the grave”. Hazardous waste is first treated, then stored and finally disposed off. Treatment Process Hazardous waste must be treated properly before it can be disposed off. The treatment is essential to change the chemical, physical, and biological character of the waste in order to make it less fatal for the environment. Proper treatment further helps in recovering energy or any useful material resources from the waste, neutralizing it, and making the waste safer enough to transport, store, and dispose off. There are various hazardous waste disposal company which treats hazardous waste such as chemical oxidation, vitrification, incineration, biological treatment and many more with the help of latest technologies. The most common method is incineration. Storage Hazardous waste is stored temporarily prior to treatment or disposal. Hazardous waste is not an ordinary waste. It must be stored in containers, waste piles, tanks, containment buildings, or drip pads that comply with the Resource Conservation and Recovery Act (RCRA) regulations. RCRA is a federal law of the United States whose aim is to protect the public from harm caused by the waste disposal. Tanks Tanks are made up of materials such as plastic, steel, concrete or fiberglass. Tanks can be open or covered to store and treat the hazardous waste. Containers Hazardous waste is stored, transported, treated, and finally disposed off in hazardous waste containers such as tanker trucks, 55-gallon drums, railroad cars, bags, test tubes, and buckets. Waste Piles A waste pile is an open pile used for storing waste. Hazardous waste pile is placed on top of a double liner system to make sure leachate from the waste does not contaminate surface or ground water supplies. Drip Pads It’s a wood drying structure made up of non-earthen materials. Generally pressure-treated wood industries use it to collect excess wood preservative drippage. Containment Buildings Containment buildings are self-supported structures with four walls, floor and a roof. They are fully enclosed to store and treat hazardous waste. Surface Impoundments A surface impoundment is a man-made excavation such as a storage pit, holding pond, or a settling lagoon. Disposal of hazardous waste After the treatment and storage; hazardous waste is finally disposed off. Disposal facilities are designed in a way so as to prevent the release of harmful chemicals into the environment. The most common way of disposing hazardous waste is by placing it in a land disposal unit such as a landfill, waste pile, surface impoundment, or a land treatment unit. For liquid hazardous waste underground injection wells are preferred. Injection wells are regulated under the Safe Drinking Water Act. SDWA is the main federal law that ensures the quality of America’s drinking water. Hazardous waste should not be taken for granted at any stage. If not disposed off properly; it can cause deadly diseases and even death. Hence its important that industries use the services of professionals who are trained and efficient in providing environmental hazardous waste services .

         
    How much does a franchise cost

     

    How much does a franchise cost? Of course the cost of obtaining and starting a franchise depends on several variables. For instance, the type of industry, size and location are some of the differentiating factors. However, there are some basics that you could keep in mind if you are contemplating becoming a franchisee. First of all, you will usually have to pay a franchise fee, which averages somewhere between $20,000 and $30,000. However, the fee could be less than $10,000 for businesses such as mobile and home-based businesses, or in some cases could possibly cost $100,000 or more. A few examples of these more expensive franchises include building maintenance businesses and some types of athletic training facilities. Since you are gaining the advantage of taking part in an already recognizable business name, and usually ongoing support from the franchiser as well, franchisers typically stipulate that a potential franchisee meet other financial requirements. A predetermined amount of readily available funds that are not borrowed is usually a necessity as well as a certain net worth. In order to pay for ongoing expenses that are not covered by revenue you will also need a guaranteed amount of working capital. Depending on the type of business, it is important that the working capital cover a particular length of time, ranging from a few months to possibly two to three years until the business is in full swing. The franchiser typically provides an estimate of the amount needed. Besides the franchise fee, other up front costs could include professional fees such as legal and accounting services, insurance, and operating licenses. Employee training, inventory, and equipment are usually part of the startup as well. Also plan on, rent and possible leasehold improvements, and other costs involved in setting up a retail location including the purchase of fixtures, signs, and landscaping. You may also incur grand opening and initial promotional expense to get the business going. Keep in mind that many times a higher initial investment does not necessarily mean a higher return. Often times franchises can be started with a total initial investment of less than $200,000 and sometimes even less than $50,000. Some home-based business such as handyman franchises and marketing franchises provide a decent return with little up front cash. Ongoing, you will need to be prepared to continuously pay royalties to your franchiser, possibly 4 to 6 percent of your revenue. Also, insurance (liability and health), inventory, and equipment maintenance would be continuous expenses. Of course, there will be employee salary and benefits. Additionally, you may be required to pay into a national advertising fund. Before making a decision on a franchise, it is important to obtain from the franchiser a copy of the Uniform Franchise Offering Circular (UFOC), also known as the disclosure document. The up front fees are outlined in this circular. The document should describe the initial fee which may be non-refundable as well as the other startup costs. If there are any items that you believe might be a startup costs that are not mentioned in the disclosure, be sure to ask about them. All in all, you want to be sure your financial situation will cover expenses for you and your family during the time it takes to get the business up and running. This may take several months or a bit longer than that. Keep mind your operating expenses as well as personal expenses for the first year or two in business. In order to have the best chance of success with a franchise, it is recommended you contact a franchise consultant to discuss your goals and finances.

         
    How playing poker teaches business skills

     

    I have fun playing Texas Hold 'Em with friends. Did you know that playing the game or watching shows like World Tour Of Poker can help you succeed in business? I didn't realize that while I was learning to play, I was gaining valuable business skills that have translated into money in my pocket. No, not by gambling money away. :) Let me show you what I mean. I learned four things from playing poker. First, I learned how to make the best of the cards I was dealt. I learned when to play a hand, when to take risks, and when to throw the cards away and wait to act with better ones. This kind of discernment helps a business owner make sound decisions about working with assets and when to cut a project loose if it's not producing good results. I found that when starting your own business, you will invest 2 assets—your time and your money. Depending on where you start, you'll use one of these assets more than the other. A realistic understanding of which asset you're working from can help you make the most of what you've got. The second lesson I learned from poker is that you've got to use a strategy to win. Good players spend years learning from each other and developing a strategy that's right for them. Their strategy is reliable and flexible enough to adapt to new situations. They learn something new from each game, and they actively look for the lessons when they lose a hand. They know how much they're willing to bet in an evening, and they aren't pushed off course by setbacks because their strategy takes the slow time into account. The third lesson I learned is that while I must understand the cards I've got, I must watch my competition and adjust what I'm doing accordingly. If I have a solid straight in my hand, I still need to watch my fellow players because one of them might have a straight flush. If you only focus on your hand, you may end up broke in no time flat. Even if you've got an awesome product, don't fool yourself into thinking you've beaten your competition. In business, there are always going to be people who want to move into your market. People are actively creating new products and services, and yours could be left in the dust if you aren't paying attention. The difference here is that you may find that good strategies include partnering with your competitors and funding joint ventures. Unlike poker, you both can win. The last and most important lesson I learned from playing poker is that risk isn't the four-letter word! Risk is a good thing if you have studied your competition and know you have a good hand. The reality of business is that you will have to do some things you've never done before or that make you feel nervous. This is a good thing because you become a better person once you push through your fear of taking a risk. I used to worry about what would happen if I lost a bet. I played to prevent losing instead of playing to win. There's a big difference between those things. Playing to win means putting yourself out there, letting people know you've got a good product or service. Playing so you won't lose usually results in you losing or barely breaking even because you can't do the very things that cause your business to sky rocket to the top. In summary, I learned to use my assets well, implement a winning strategy, to respond to my competition, and to push past the fear of losing. Think about other activities you've done over the years. What skills did you learn? How can you use them to build your successful business?

         
    How save and make money

     

    If you save money, the money will save you The problem with most peoples finances today is that they are not getting enough income to satisfy their needs and wants. People are naturally going to buy things they want even if it means spending more than they have (credit cards), and they know in the back of their minds that they cant afford it, but they will get it anyway. I think people will develop their own budgeting scheme when their income meets their wants then they will be budgeting masters, all by their selves. But till then there will ALWAYS be people in debt no matter how much you preach! I think a solution to some people money problem is to teach them how to make extra money first, and then teach them how to budget and save it. Americans really don’t want that much; it is the hobbies that get people in trouble, bills, spending too much on golf clubs, car parts, computers, things around the house etc. I don’t know about you but this is how I feel about life. Right now, I am working a 9 to 5 job making $3200 monthly. I don’t want to be stuck knowing that I will be 'working' for the rest of my life, taking orders from bosses, putting up with BS and other peoples attitude, having to get up in the morning when I want to sleep in and that fear of getting fired. Currently, I am in this situation but will not be soon. There are people right now making well over $20,000/monthly working for their selves and they are everyday people that you see walking their dog, in supermarkets or even that person arguing with the McDonalds cashier. If these people ever do go back to work for someone else they can do it "stress free" even if the job is stressful (think about that). Before, you can work for yourself you have to decide one thing: If you really want that responsibility. If you said yes, you have gotten over the biggest hurdle and you will not be limited to the income your employer is giving you. I know what I am about to say will be over simplistic but I will save the details for you to research on your own. Here is a breakdown 1st: determine if you really want self-employment 2nd: decide what area of business you want or good at. 3rd: If step 2 requires money, their are program out there that can help you get started in internet business, selling or something else before you start in what you want to do. For example, "I want to own a photography shop but it costs $10,000 to get started. Well, if I sell product A for a year I can do it". You never know, whatever you get into before your dream business may make you $50,000 a month and you may forget all about that photography shop. I can help you here too. 4th Research, research and do more research. Find out what you competition is. Find out how much money they are making. Find out where they are advertising. Find out what it takes to get started. Find out where your customer are etc, etc, etc..research 5th EXECUTE!! I mean once you have confidence go do it. They say that 90% of home businesses fail for the first time. And you may fail, but all you have to do is try and try again, please don’t give up. Believe me, you will get it right and when you do, you will be very successful. The percentage of people who fail for the second and third time is much lower than the first timers. Well sorry to talk yall half to death, I can go on and on about this stuff.

         
    How successful entrepreneurs handle failure

     

    There are many differences that separate the winners in business and life from those who are struggling and falling by the wayside. One big difference is how they handle failure. Successful entrepreneurs have a positive mindset around the experience of failure. When they fail, they look at it as a result. They took "x" steps and produced "y" result. "Y" didn't work, so it's back to the drawing board to change the formula and try again. Many new business owners don't make it out of the gate because as soon as they fail, they figure, "Who am I kidding? I knew it wouldn't work" and then quit! If everyone had that mindset, we wouldn't have electricity, airplanes, vaccines ... actually, we'd have pretty much nothing! Every single success in this world was preceded by one, two -- a thousand failures! Babe Ruth set a record for the most home runs. Did you know he also had the record for the most strikeouts? Thomas Edison failed more than a thousand times before he perfected the light bulb. If you're not failing, you're not pushing yourself enough. You are remaining in your comfort zone and cannot expect to reach the level of success you're capable of. Failure is what allows you to learn and grow. If you quit as soon as you meet with failure, you will always remain exactly where you are. Albert Einstein once said, "You cannot solve a problem with the same level of thinking that created it." And, "The definition of insanity is doing the same thing over and over again and expecting a different result." What these statements teach is, in order to overcome failure, you must think differently and act differently. It is what separates the ordinary from the extraordinary! You might have to seek out guidance from someone else who can offer the expertise you need. You may need to inject new perspectives and talent by forming a team around your project. Fear of failure is one of the biggest obstacles that hold new business owners back. Failure should not be feared, but embraced because a life lived in fear is a life half lived. If you're stuck and unable to move forward because of fear of failure or because you have failed in your previous attempt, bring someone else into the mix to offer support and guidance. Tweak your plan and give it another go. Engrave the words of the following masters into your mind and never, EVER give up. Anyone who has never made a mistake has never tried anything new. - Albert Einstein He who fears being conquered is sure of defeat. - Napoleon I Problems are not stop signs, they are guidelines. - Robert Schuller 2006 © Laurie Hayes - The HBB Source

         
    How to be a creative entrepreneur

     

    : There’s a great line in Alice in Wonderland when the Queen says, “Sometimes I think of 6 impossible things before breakfast.” I think you’ll agree that this has to be creativity at its best! As a small business owner this is an ideal you really need to strive for … but how on earth can you open up your mind to get to the point where ideas just spill out? Small business owners are expected to be creative and inventive, otherwise how could they run their own firm? If you have a sneaky feeling that creativity is not one of your strong points what can you do to stimulate your brain and get it kicked-started? Be Unlimited Too many people are ‘limited thinkers’. They have their world placed squarely in a box and nothing can exist outside of that. If the newspaper reports something then it must be right. If Joe next door says that something is impossible then he must be right. As a small business owner, you cannot afford to be a ‘limited thinker’. You have to be an ‘unlimited thinker’. Get into the habit of seeing no boundaries; decide that there are no taboos. Have the belief that with a bit of focus you can find a creative solution to all of your problems. This is the foundation for a creative thought process. Be Future-Focused Creative ideas invariably come when you ‘look’ into the future. The feeling of propelling yourself forward and seeing the problem solved is a great motivator. Do you think you could achieve the same result if you were backward focused? I don’t think so! Train yourself to be future-focused, always looking ahead, not a traditional thinker who tries to find answers in today’s world. Be a Writer Once you open your mind to the joys of creativity the ideas will quickly start flowing, as if someone has opened the flood gates! Just like flood water, unless you catch it the ideas are lost for ever. Capture all your ideas by carrying a small pocket notebook with you. As soon as an idea pops into your mind, write it down. It doesn’t matter how outlandish it is, you can look at it in the cold light of day later on. The fact you are responding to the ideas by noting them will further encourage you to be even more creative – good deeds encourage more good deeds! Be Clutter-Free If you are naturally an untidy person, then get out of the habit! A cluttered office will lead to a cluttered mind. You cannot expect your brain to work efficiently when all it’s doing is constantly reminding you how untidy your office is. To be creative remove all the clutter from your life and free your mind. Be Action-Oriented All of these points are great, but if you don’t take any action with your ideas, then you may as well not have bothered. An idea is nothing but a thought unless you take a specific action to help bring it to life. Periodically review your notebook and see if there are any hidden gems, or ideas which can be quickly actioned. A lot of your ideas may not suit at all but in there somewhere is probably an idea, which if acted upon, could change you or your businessmit fully to move forward on as many of your ideas as you can. Don’t be afraid to break down the boundary walls. As John Stuart Mill said, “That which seems the height of absurdity in one generation often becomes the height of wisdom in the next.” Let me close with one question - can you be creative enough to be dismissed as a dreamer? No? Then get practicing!

         
    How to build a successful business

     

    Starting a business and becoming successful is often part of the American Dream. But there is a difference between starting a business and building a successful business. Many businesses fail within the first few years of existence due to the lack of planning for the long-term. There is not enough vision and there is not enough done to strengthen the business properly from the ground up. If you want to start a business there is an easy way to get a better understanding of why some businesses fail and others don't. When starting a business think about it similar to building a house. If done right it is protecting you against any kind of storm or danger of the outside world and will last for a long time. It offers shelter and protection. For you and your business that could be translated to that you want to have a business that is able to weather economical ups and downs (=storm) and that will provide income to pay the bills (shelter and protection). When building a house there are several different steps you need to follow to have the house build. You know you want a house, but you got to pick a location and get an architect to plan everything out. In the business world that would be: you know you want to start a business, but you have to come up with a business idea and work out a business plan. The next thing for the house would be to build the foundation (and eventually the basement) for the house. In the business world - you got to build the initial infrastructure (example: connecting with vendors, find a manufacturer for your product, create a sales team, rent office space, get a delivery truck, etc.). Once that is in place you able to actually do business and earn some money. But you are not completely done yet. You need to build a frame, put in windows and you also need a roof on house. For your business this means that you pay off debt, improve business processes and get professional help when needed (example: find a tax accountant, select a payroll service, etc.). Once the house is build you probably want to fill it with furniture and make it livable for the future. Nobody wants to sleep on the floor, right. Again translating this to the business world it could mean that you invest money you earned back into your business. You buy machinery instead of leasing it. Eventually you buy a building, hire more staff, develop more products, move into new markets, build up a high cash reserve, and buy other businesses and so forth. This is often the step where winners and losers separate. Re-investing money into the business is a key factor for success. If you go and spend all the money on your own salary to buy things you have nothing to go back to when the economy slips into a recession or if disaster strikes. The successful business owner has build up a cash reserve or can borrow money from bank – securing loans with the assets of the business. Going back to building a house this pretty much matches the same efforts. You pay off your mortgage and have equity available to eventually borrow against when emergency arises. Emergencies do not include paying off credit cards to use them again or to buy a car. Financially responsible you should be looking at the long term and not finance short-term goods with long-term debt.

         
    How to find a niche market for work at home moms

     

    : Being a Mom is one of the most rewarding and wonderful years of a woman's life, so it can be hard for a mom when faced with the thought of having to go out and find a job, to bring in extra money. There are options out there for Moms who want to work from home in their own hours, so they can still enjoy the most important things in life - their children. Below are some solid informational tips for stay at home moms on starting their home based business in 30 minutes a day. The idea is to create a niche market, or find a market that is missing something that you can provide, and market this over the internet. To begin with you should consider some things like, what are you really good at? What would you love to do for a full time job? These two questions are really important to finding your niche market, if you don't like what you do, you might as well not bother doing it, look for something that you love doing, like talking about your kids? What ever it is research it, find out what your industry is missing, it could be anything, lack of information? When you have determined this you have found your niche. Write down ideas as you get them about you niche market, it doesn't matter what they are, just write them down so you don't forget them, then you can ponder them later. Here are some more ideas for finding your niche market: Improving an Existing Market Improving an existing market, is there a product that you could make better, for example imagine baby food, if you could make baby food that tasted good, had all of the nutrients and minerals in to help babies grow up healthy, and you could produce this at a competitive price, you would really be on to something! Adapt an Existing Market Adapt an existing market, or change something about a product to make it more marketable, an ideal example of this is making a fat free chocolate cake that tastes just as good as a regular chocolate cake and market it to people wanting to loose weight? Although this has been done before, it was a good idea when it was new. Repackage a Product Repackage a product, this can be good, but competition is fierce, as a lot of people are already doing this, a good idea is not to limit yourself to just one product, offer a few repackaged items, for example e-books to your niche market. Solve a Problem Solve a problem, Find out what people are talking about in your niche market, find out problems that people are having, or what is missing in the industry and develop a service or product that will fill the need. A good way to find out this sort of information is to visit related message boards, forums and blogs to see what people are talking about. Tap into a Trend Tap into a trend, keep an eye out for what's hot, what are people interested in, there are trends started every day, all that you need to do is tap into them, and you have a ready market or a demand, begging for a product or service. Once you have found your niche market, and found which angle you are going to market it from, it is time to start work on how to get your new niche market internet business off of the ground.

         
    How to find wholesale sources

     

    In my last article “How To Open a Business,” I wanted you to answer questions that needed to be answered before opening your business. Everyone at one time or another has said to themselves “I want my own business.” But is it enough just to want your own business? Your answers to the questions should give you an idea if you are the type of person that can handle the stress of owning your own business. Since you have decided to open your own business, “NOW WHAT?” Let’s say that you decide to open a dollar store – where everything is a dollar. You have found what you believe is the perfect location. You have talked with the landlord and are working out a lease. You have gone to your county and bought a business license. And you have applied for a tax id in your state. Now the next big question is “where do I buy my items wholesale?” This morning I googled the term “wholesale” and there were 231,000,000 sites listed. Look at that number again - 231 million sites listed for “wholesale.” How does one begin to search through that many sites to find what they want to sell? And how do you know that the companies that are listed are reputable. I have owned several businesses – some successful and some not so successful. And one of the biggest problems that I faced was finding good wholesale sources at a good price. I now sell on ebay and finding wholesale sources that were cheap enough to make a profit and compete with others selling the same things was difficult. Most business owners know that to make a profit, you have to find items at great wholesale prices. I have always been told “you make your money when you buy the items, not when you sell them.” Some of the so-called "wholesale sources" prices that I have found were more than I could have bought the same item for on ebay - including shipping. If you have ever tried to find wholesale sources, it can be a daunting task. So where to begin is the biggest question. One of the ways that you can check and see if a company is reputable is by checking a website called alexa. This site lets customers review other sites. Some of the sites may not have any reviews about them, but some of them may. And just because someone else didn’t like the company does not mean that it is a bad company. You can also check the page rank at google; however, if a site is relatively new, it will probably have a 0 page rank. This rank is a rating that tells how important google thinks that a website is. However, many of the most visited websites on the web only rank a 0 or 1 or 2. Finding wholesale sources is easy. Finding “good” wholesale sources takes a lot of work and patience. Another question to research is the shipping costs. I found one wholesale source that had very good prices, but the shipping costs was too high. I think that this company was trying to make their profit on the shipping. Most of the reputable companies will cap the shipping costs with a minimum purchase. Many of the ones I have dealt with cap the shipping costs at 10% with a $1000 minimum order. However, with gas prices rising and shipping rates rising, companies may have to raise the minimum requirements in order to cap the shipping costs. Educate yourself about what items are available. Many of the name brand companies will not sell to small business. They already have their distribution channels set up and if you want to sell these brands, you may have to find a middleman that will sell them to you. You may have to pay a little more for the items, but if it is important to you to have name brands, it just might be worth it. Another way to find good wholesale sources is to go to the merchandise shows. These shows have thousands of wholesalers at one place and you can browse all the booths until you find what you are interested in. Some of the biggest wholesale merchandise shows are located in the larger cities such as: New York, Las Vegas, Chicago, and Atlanta. Traveling to these wholesale merchandise shows is time consuming and can be expensive. However, usually the wholesale shows have special rates arranged with hotels. Well, that is all for now. Visit my website: wholesalemap for more information about finding “good” wholesale sources. It is free. Also, I have just begun a blog and if you have any ideas or wholesale sites that I need to review, let me know.

         
    How to grow a money tree

     

    They say money doesn't grow on trees, but I think you can grow it on something even better! Your home computer. To make your money tree grow, you will need to give it a home and a place to grow. You can do this by creating your own website. Here are some basics steps to creating your own website: 1.Pick a domain name. Make sure the name relates well to the information on your website. If you can, make it short and easy to remember. 2.Create your web site using a web site creator, hand coding your own html, or a combination of both. 3. You will need to sign up for a hosting account to get your website online. Next you will need to plant the money tree seed by developing your product so it can grow: 1.The fastest and easiest way to create a product to sell on your new web site is to create a information product (e-book, audio, etc.). Its very low cost or free to create, and everything is automatic and electronic. That means there is no overhead and no products to ship! 2.You may also want to consider borrowing some seeds while you make your own. You can do this but signing up with other companies that sell information products and selling their products for a commission. This is a great way to get started and test the markets to see whats selling. You also build relationships with companies and that very well could be a marketing advantage after you finish your product. Finally you will need to nourish your tree by watering it with traffic. There are three main way to get traffic to your website 1.Your can buy traffic through sites like google. With this method you pay each time someone searches for your key words and they click on your link to your site. Through google you will be paying $.05 each click and up. 2.You can email you mailing list you made over time. Send out a promotional email and and get your previous traffic coming back. Just be careful not send out too many, or they will become annoyed and turned off to all your other emails. 3.Partner up with your competition. You can get your competitors to send out your promotional emails by offering them a commission. Your competitors can become one of your best assets! Maintain your tree by watering it with plenty of traffic, and give it plenty of love by updating your material! Fallow these easy steps and your money tree should be ready for harvest in no time. Best Wishes! Maranda Mann

         
     
         
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