Thursday, July 29, 2010

8 of 32 Online Money Makers

1. Offer Credit Card Know-How:
This knowledge is golden today. You become familiar with the formats of electronic payment methods and help other entrepreneurs achieve merchant card status. Once a company or an individual decides to start a business online, they will reach conclusion that they must accept credit cards in order to function and conduct business.

2. Start A Blog:
Pick a topic you know something about and start blogging. Use Google's AdSense program to sell ads on your blog; the more your readers click on the ads, the more money you make. Promote your blog on Facebook, Twitter, etc.

3. Sell Your Creative Wares:
Start a website to specifically sell your own CD, designer outfit, accessory or book. One doesn't need a record contract, a big book deal or a Macy's to make it any longer.

4. Help Entrepreneurs Get Online:
You'll investigate all the Internet Service Providers and help get your clients online. You can even help them pick out a computer if they need that, too.

5. Open An Import Shop:
You can start your own import shop online. Find a product from another part of the world that you want to import and sell via your website.

6. Turn Trash To Cash:
Visit eBay and other auction sites and start your own business turning your junk into treasure. There are so many auction sites available, but do some research and some reading on the online auction action so you can avoid the pitfalls. Visit and open an account; it's free!

7. Begin A Promotional Biz:
You can start a business helping others establish different types of promotions-lotteries, sweepstakes and contests- on their websites. Trivia contests and promotional gimmicks keep customers returning to a website.

8. Go Cyber In Your Current Biz:
Add online capabilities to your existing business. If you have any type of business, conduct a survey to see if your clients would like it if you added a terminal so they could go online-for a fee, of course.

Article by: Hassan Aryamand
Published in parts.  1 of 3

Tuesday, July 27, 2010

Seven Reasons to Start Your Own Profitable Business in 2010

Starting a business of your own, can open a world of opportunities and options. A close look at successful entrepreneur indicates that majority of them run their own business which brings in a residual income stream. Below are some of the reasons why you need to start your own business this year:

Imagine how it would feel to get up at your own sweet time and not hurry to office in the regular chaos of snarling traffic. And then, to begin the day as though you are fresh from home and nothing has happened. You are your own boss, and you determine when to resume and when to close.

Extra Income has not hurt anyone up to now, and it should not be hurting you either. If you are willing top do that extra bit of work or travel that extra mile for your boss, I am sure you will be more than willing to do so for yourself, especially if you feel that it would improve the quality of life of you and your family.

Multiple stream of Income does not come for free. It involves hard work! It is not hard work when you are doing what you are passionate about. The benefits of creating a multiple income stream far outweigh the risk and stress involved.

I consider it foolish working hard daily, only to be paid peanuts as salary on a monthly basis. Just check the following benefits accruing to every business owner:

1. Work at your own pace
The monotony of 8:00 am to 5:00 pm is completely eliminated. You have the advantage of been your own time keeper. Flexibility enables the average entrepreneur to perform at the optimum.

2. Flexibility to do whatever you want to do, whenever you want to do it
Working for others can reduce you to a human robot, because your suggestions many sometimes be discarded at the expense of management policy and decisions.

3.Confidence and Fulfillment
Having your own business makes you more of a complete person who can proudly say that he/ she is an entrepreneur who has achieved something.

4. Limitations of earning do not exist
You can earn as much as you want by just putting more effort and the risk of financial failure is ultimately eliminated

5. Job security and fear of unemployment becomes history
The fear of been sacked ranks as the number one fear among employees. This fear can become a major obstacle to achieving the goal of having your own business.

6.You retire when you feel like not when you become old and weak
I once had a boss who after retiring from service became useless to himself and family. This was someone who had put in 35 years of meritorious service to the company and here he was living in a dirty apartment owned by the company. He did not have a home of his own, and to make matter worse, he did not have a business of his own. That was the day I decided to opt for a business of my own and end the rat race of paid employment.

7. You will be your own boss with no one looking over your shoulder
The joy and freedom to take crucial decision that will ultimately shape your business can be exciting and at the same time challenging. It is however a motivational factor as an entrepreneur.

Success is very much achievable to everybody. Believe that and you have taken the first step on your way to starting your own business in 2010.  Do a thorough analysis of the above points before making a decision on whether your have the drive and guts to face the turbulent and risky world of entrepreneurship

Remember, you can never achieve real wealth, working for someone else!

Article Source:

Wednesday, July 14, 2010

3 Things You Must Do in Business If You Want to Make a Profit

For many people, starting and business and then succeeding in that business seems a very ambiguous task; most have no idea how it is done. For those that do understand how to start and succeed a business, the rewards can be great and unparalleled. The truth is that being successful in your own business encompasses only three things: revenue, cost, and capital. These three items are what you need to understand, know how to drive, and be able to change at your will. So if you want to be successful in business, you need to know all about them.

Revenue is why you go into business. It is driven by customers and price; the more customers you have, the more revenue you will have. Also, the higher your price is for your product or service, the more revenue you will have. So first, let's focus on customers. You get more customers by doing the right kind of marketing. You may need to consider advertising, partnerships with other businesses that correlate to what you do or that can benefit from what you have to offer. You may need to get an online presence also. Whatever the case may be, you will need to find where your customers are and where they go to look for the kind of product you have to offer. Once you find that out, you will be ready to start attracting them.

Next, let's address price. Pricing is really important for a successfully business. You want to make sure that the price of your product or service directly relates to the value that you are providing. Many people recommend using the market value of related or similar goods and services. However, this is not always as good strategy. You could end up pricing yourself too low for your product, or even too high. Your price should be what you think your target customer is willing to pay for your product taking into consideration the value that you are providing them.

For any business to be profitable, you have to keep your costs low. Before you get your hopes set to high on whatever business you are going to get into, you need to figure out if it is feasible. Talk to your potential supplier and really get a good feel for what it is going to cost you to produce you product or service. Discover if there are bulk discounts; you will also want to shop comparatively. Use this as negotiating room to get your suppliers to lower the price. Even small decreases in the cost to you can make a huge difference in your bottom line. Sometimes you may have to think outside of the box when creating your product or service. Doing things differently may offer you more cost benefits as well.

Many people underestimate and overestimate how much capital they really need. It is recommended that most start up businesses need 18 months of operating money to get started. This may sound like a lot but depending on the kind of business you go into, it may not be very much at all. For example, if you start an online business, you may only need as little as $5,000- $10,000. If you are starting a software company, however, you may need upwards of $1,000,000 to fund properly. The right financing will make or break your business, so make sure you understand how much you are going to need; that way you get it right the first time. Otherwise, you will be 8 months into your venture and have found a real opportunity for success but be missing that key factor: money.

So before you go into business, consider these three items. Make sure that you take the time to plan. Business plan can be a great place to start, but the real key is that financial plan. So make sure you understand the money, otherwise you won't understand how to get it!

By Sheila Dollarsby

Tuesday, July 6, 2010

You Can Too......(Make Money)

It is no news that we are living in rough times, but there are millions of people doing rather well despite this fact. Regular, ordinary, plain "Joe Schmo" people are managing to keep their heads above water and many of them are doing it in the comfort of their own home. You many have already guessed what this post is about. That's right... the home based business world is growing bigger all the time. The success rate for home based businesses is around 70%. For those of you who are not aware, 70% success rate for businesses is staggeringly good. On top of that, more and more resources are coming available that make it easier and cheaper to start an online or home based business.

All it really takes is to stop and think a little and add to that a little bit of research and you can find a way to make money from home. Additionally, it is very possible to make a decent living from home. Some online businesses are even built on top of other online businesses. It really comes down to an age old idea that if you can find a need and fulfill that need, you can make a lot of money. I challenge you, and it is an easy challenge, to do a little sniffing around to see what opportunities are available. There are many different kinds of platforms specifically tailored for use by people who have a skill or talent or idea to make money with. If you find the right platform that provides the proper foundation and framework for what you need to do, the only thing left is for you to do is do it.

One such resource is etsy. This website gives people a platform to sell handmade items and supplies. It has given a money making opportunity to people whom, without it, would just be dabbling with some crafty little hobby. The variety and craftsmanship of the sellers at etsy is endless. Each seller gets their own online shop from which they can present and sell their wares. You may have never given much thought to magnets, but take a look at this shop called StuckTogether. So much goes into the detail, beauty, and value of items like those found at StuckTogether and you won't find these things just anywhere. Each item from these lone vendors comes with a cherisable rarity. Many items are one of a kind. StuckTogether is just one of the many shops you can go to as a buyer to find unique gift ideas. The items range from practical to whimsical.

Maybe you have a knack for making something. Maybe people would find your creation useful or amusing. Maybe someone would be willing to pay money for your creation. Turn your hobby or craft into a money machine. Many people have already proven it can be done and places like etsy have helped to pave the way. The rest is up to you. This may be starting to sound like a blog version of an infomercial. I just wanted to throw out an idea for anyone looking for a way to make some extra money using what you may already have at your disposal.

Good luck to you and I hope this helped.
By: Anthony Hall

Friday, July 2, 2010

Five Quick Steps to Overcome Your Fear and Begin to Achieve Business Success

There are no limits on what you can accomplish except those limits that you set on your own mind. Brian Tracy

Do you know what holds you back from doing things which you know will help you to grow your business? What is the one thing you have been avoiding because it is out of your comfort zone? All entrepreneurs experience these things when growing a business. It is the choice you make once faced with something fearful which will separate the successful entrepreneurs from all the rest.

Eventually you will reach a point where you are asked to do something and you will wonder whether you are truly able to do it. Do you remain where you are and continue with the status quo, avoid doing anything or do you choose to step out of your comfort zone toward the next level of success? Fear, doubt and worry might begin to arise.

Deep down you know you want success. Sometimes, however, it might seem scary when faced with something you have never done before. At this point your inner critic, those messages you say to yourself when you didn't meet an expectation, will begin to surface saying things like, who do you think you are anyway? or you've messed up other times you tried, why even try? Nothing ever changes. You know the things you say to yourself. Whatever it is the words bring up doubt and fear.

What I have found is your inner game needs to be just as strong as your outer game to reach the next level of success in your business. When you begin holding yourself back it is time to look at your inner game, your mindset. Identify the limiting thoughts which are getting in the way.

Mindset is the primary key element for success. I know you have opportunities. Look within to figure out what is holding you back. There is something you are avoiding. It might be thoughts about deserving, confidence or judgment.

Turn this into an opportunity. Get really honest with yourself about avoidance, sabotage or perfectionism are happening. Figure out the underlying belief, the root cause, to break free from your self-imposed obstacle to success. Claim your power to take inspired action.

Usually one of four main fears stop many entrepreneurs from saying yes to growing their business. The inner critic, those limiting beliefs, and your fears contribute to performance anxiety, perfectionism and time management problems. They include fear of failure, fear of making mistakes, fear of disapproval and fear of success.

Fear is a huge barrier for many people when faced with something unexpected or uncomfortable.

F.E.A.R. is an acronym. It means False Evidence Appearing Real. That is right. It is not what needs to be done to grow your business. The fear comes from how you look at it. Others had already done what you are facing. Now it is your turn.

Fear, worry and doubt will stop you dead in your tracks. You will know if you are ready to take action and do things differently. Use these five steps to quiet the inner critic, overcome the fear and begin taking inspired action for business growth.

1. Figure out what is the underlying reason you are holding yourself back. You might need to dig deeper to really figure out what is going on. Often it is old experiences, memories or messages we heard repeatedly which cause you to stay where you are instead of taking a risk.

2. See if you can come up with alternative ways of looking at things. List as many different points of view as you can think of. Choose the one you like best. Try it on and see how it feels.

3. Focus on the reason why you want to reach your goal. Connect with your purpose.

4. Visualization. It is a powerful tool. Imagine yourself taking inspired action with confidence and ease. Become absorbed in the image as if you were watching a movie. As you are doing this your brain is making changes preparing you for taking action.

5. Finally, focus on the small steps right in front of you. The small actions you take today, one by one, will take you to your BIG goal.

Imagine yourself easily changing your focus. Choose to say yes to those opportunities with confidence. How would that change things for you? Well, it is possible. Stay present and in the now. By taking one step at a time, remaining focused on the big picture, you will discover what was once difficult is now easy. Your success is all about taking inspired action now.

Activity: List all the opportunities you have available to you right now to grow your business. It might be people who have mentioned wanting to be a client, joint venture opportunities or networking events. Now decide which one thing you would like to work on first. What might be holding you back from doing it right now? Those thoughts are related to your inner game, your mindset. Now list alternative thoughts. Pick one you would like to have. Visualize yourself doing that activity with your new belief. You will gain confidence by visualizing it first, then taking action.

And now I would like to invite you to claim your FREE E-course "Step Into Your Greatness" available at: =>
By: Loren Fogelman