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Entrepreneur.com “There s a good reason why cable TV networks like HGTV, The Learning Channel and DIY Network have such a huge following from coast to coast: The home design and improvement industry is hot, hot, hot and is showing no signs of cooling off. There may be no better time than the present to tool up […] (Read full post…)
Starting an eBay business is effortless with these 10 simple steps. With more than 2 billion items listed on eBay in the past year, and close to $50 billion sold, the sheer size of this online marketplace can be overwhelming. Fortunately, as eBay has grown, the company has worked hard to make it easier for new […] (Read full post…)
“It is one thing to eliminate ways in which you have blocked yourself, but another to develop the skills to complete things you begin.” - Kenneth Christian In the world of a network marketing home business we are often faced with the challenge of doing the things others are unwilling to do. In fact, if you […] (Read full post…)
JumpUp.com by Intuit (the people behind Turbo Tax, etc.) is a social networking community that offers free business start up information AND the opportunity to network with business peers. You can visit the home page to see business profiles, you can check out interesting small business news. Visit the community page. There you can post […] (Read full post…)
B5Media is seeking technology related bloggers for their tech channel. They have lots of product reviews, but the need people to write about how to get things done, i.e. web development, style sheets, etc. If this is your bag, check them out…you might have a new income source! Thank to Blogger Jobs (Read full post…)
The other day I mentioned Steve Shulenski’s Antique photo business. I was telling my wife about it and she let me know about a friend of hers who did something similiar… She was already doing well in Mary Kay selling cosmetics and creating a downline, but she found another way to create regular customers for her beauty […] (Read full post…)
Cindy Cullen has been working at home for the last 5 years, though admittedly she gets out of the house once in a while to teach a class at the local community college. Even her husband works at home. How did they do that? I thought you might want to know while announcing her new […]
How Teens Can Make Money On Craigslist
Here are some musings on how Teens can make money on Craigslist. One of the coolest things I’ve found recently is how students attending colleges with dorms can become on campus marketing reps and earn an extra $5,000 per year or more. But there are many other ways to start a business on craigslist as a teen. Now that I think […]
Greetings From Mobile Alabama
I’m in Mobile, Alabama for the next few days at the Southeastern Employment and Training Association’s Fall convention. Here’s some of the workshops…Though I’m sure some of them will change at the last minute. Right now I’m planning to check out the workshops on entrepreneurship and economic development, but that’s subject to change. Sometimes I have special […]
Here are some musings on how Teens can make money on Craigslist. One of the coolest things I’ve found recently is how students attending colleges with dorms can become on campus marketing reps and earn an extra $5,000 per year or more. But there are many other ways to start a business on craigslist as a teen. Now that I think […]
Can Just Anyone Make Money Online?
Here’s Ben Bleikamp’s take on it. There is a learning curve if you want to make money online. There is a learning curve for any job. Some require a college degree - that s a 4 year learning curve and can cost as much as $150,000 maybe more. Lets not even think about graduate school. So what s the […]
Can Cindy Cullen Help You Work From Home?
Cindy Cullen has been working at home for the last 5 years, though admittedly she gets out of the house once in a while to teach a class at the local community college. Even her husband works at home. How did they do that? I thought you might want to know while announcing her new […]
Greetings From Mobile Alabama
I’m in Mobile, Alabama for the next few days at the Southeastern Employment and Training Association’s Fall convention. Here’s some of the workshops…Though I’m sure some of them will change at the last minute. Right now I’m planning to check out the workshops on entrepreneurship and economic development, but that’s subject to change. Sometimes I have special […]
Here are some musings on how Teens can make money on Craigslist. One of the coolest things I’ve found recently is how students attending colleges with dorms can become on campus marketing reps and earn an extra $5,000 per year or more. But there are many other ways to start a business on craigslist as a teen. Now that I think […] (Read full post…)
I’m in Mobile, Alabama for the next few days at the Southeastern Employment and Training Association’s Fall convention. Here’s some of the workshops…Though I’m sure some of them will change at the last minute. Right now I’m planning to check out the workshops on entrepreneurship and economic development, but that’s subject to change. Sometimes I have special […] (Read full post…)
Cindy Cullen has been working at home for the last 5 years, though admittedly she gets out of the house once in a while to teach a class at the local community college. Even her husband works at home. How did they do that? I thought you might want to know while announcing her new […] (Read full post…)
Here are some musings on how Teens can make money on Craigslist. One of the coolest things I’ve found recently is how students attending colleges with dorms can become on campus marketing reps and earn an extra $5,000 per year or more. But there are many other ways to start a business on craigslist as a teen. Now that I think […] (Read full post…)
Many people wonder if there is an effective way to make money from home. Many websites that proclaim instant earnings or high salaries from home are costly or fraudulent. However, one legitimate method of making extra income from your home is affiliate marketing, and all you really need is some time and a computer. Affiliate […] (Read full post…)
On this online video, Rich Dad Poor Dad author Robert Kiyosaki explains the Business Quadrant and it’s important in pursuing financial success. If you’re not familiar with the Rich Dad Poor Dad book, there are 4 quadrants wherein people generally function. They’re called the “Cashflow Quadrant” visible on this book cover. The “E” and “S” quadrants are […]
How Do You Receive Online Payments In Lebanon
In my email box today I received this request for help, so I decided to post it. Does anyone know a service that allows people in Lebanon to earn income online? Evidently neither Clickbank nor Paypal are set up to handle payments there. Dear Sirs, I live in Lebanon in the Middle East. I’ve tried more than one system, after […]
How Much Is Your Blog Worth?
A while back, Dane posted a tool to calculate how much your blog was worth.I was just getting started then, so it was about ZERO. I got brave and tried to see if it was worth anything these days. Below are the results… Hopefully, I’ll make it keep on growing! My blog is worth $12,419.88. How much is your blog […]
Home Business Opportunities
Many people wonder if there is an effective way to make money from home. Many websites that proclaim instant earnings or high salaries from home are costly or fraudulent. However, one legitimate method of making extra income from your home is affiliate marketing, and all you really need is some time and a computer. Affiliate […]
What does it take to start your own business? To many, the thought of starting your own business may be too daunting that your give up before you even start.
Let’s analyze what a typical start-up needs:
Start-up Capital
There is no secret that money talks the loudest of all. As a future entrepreneur, you may well know the fact that capital is perhaps the most essential part of setting up a business, both online and offline. Lack of start-up capital not only puts your business at a disadvantage, it also makes cash flow a serious issue. Over time, it also make it difficult for you to expand your business. Read the rest of this entry »
Tags: Home Based Business, home business, make money online, sfi marketing group, work at home
In considering extra income opportunities, most people prefer to choose a plan that allows them to work at home part time while spending valuable family time with their kids and spouse. There are many advantages to this, such as:
Ability to earn extra income, other than your current full time job income.
Everyone needs extra money. A full time job may give you enough income to survive, pay the bills, eat modestly and pay the rent, but not much else. In today’s world where the cost of living keeps getting higher, many people are turning to getting part time jobs to supplement their full time income.
Spend time with family and kids, especially in the growing years when they need you the most.
It’s a common saying that “if you want to do it right, you have to do it yourself”. Taking care of kids is the responsibility of every parent, and should not be left to baby-sitters and nurseries. Most women today choose to become work-at-home-moms just so that they can spend more quality time with their kids. Even the men are becoming more accustomed to this idea, as they too realize that raising kids is not easy, especially if you want to do it right.
Reduce or eliminate all cost related to getting a part time job.
Getting a part time job requires a fair amount of traveling and eating out. This is sure to raise the expenses of any household. In the end, the extra income that you get from the part time opportunity gets eaten up by the extra expenses. After paying all the bills, what do you actually have left?
Flexibility to work at your own time and pace.
Everyone wants time to relax, watch their favorite TV shows, and the occasional shopping. The thought of working part time usually gives people the nightmare of not “having a life” and having to sacrifice their social activities. However, this is not necessarily so. You have the flexibility to put in extra hours when you feel like it, or to cut back a little when you need to relax.
Medical conditions and other reasons.
If medical conditions prevent you from leaving your home, the home based business or job may be, sadly, your only option left to earn extra income. Thankfully, with the Internet and modern technology, those who suffers from this fate have a second chance.
We offer anyone from any corner of the world to work at home part time in a simple, cheap and effective way. In fact, most successful SFI affiliates have built successful part time home businesses with only a personal computer (PC), a phone line, and an Internet connection. Everyone has these things at their own home!
Copyright © 2006 Gobala Krishnan
Probably the most exciting company to not only survive, but come out strong out of the dot-com crash of the late 90’s is Google Inc (http://www.google.com). Having started out small as a company operated in the garage of a friend and employing a staff of three, Google’s meteoric rise to a top name on the Internet is not really that perplexing when we analyze the core strengths and policies of this company.
I am a super-fan of Google. I am also a fan of studying success so that I can learn from it. Here are a few key points that you, as a home based business entrepreneur, can learn from Google:
1) Capital Isn’t Everything
It may be hard for the newcomer to the home based business scene to swallow this fact. After all, more capital investment would mean more money to spend on advertising and building a home business. Its tempting to think how your business would be right now if you had, say $100,000 to start with, instead of the meager $1000 you scrambled to get from selling things around your home.
But here’s one thing more important than capital - ingenuity. Ingenuity involves making the best of the resources available to you, making every advertising dollar count, and treating every customer or prospect invaluable to your business.
Capital in the wrong hands, in the hands of an inexperienced entrepreneur or marketer, is just a waste of money. Ingenuity, on the other hand, can turn a $1000 capital into a thriving business. And yes, when you get the ingenuity part right, then whatever extra capital you get would be worth so much more.
2) Differentiate and Win - Think Outside the Box
Innovation, ability to think outside the box and a willingness to test ideas and make mistakes is the trademark of any truly successful company, especially in Google’s case. Recently when Google’s Gmail (http://www.gmail.com) was launched, many ISPs and email providers were scrambling to offer more space to their free email accounts, simply because Google offered 1G of space. What they didn’t get, however, was that Gmail was more that just about space.
So how did Google differentiate? They turned what would otherwise been just another email service into something much more. It is, as any user would be able to testify, the best way to store, organize and find information contained in emails. Keeping track of business responses and follow-ups is a breeze with Gmail. Try it yourself if you cannot believe that statement.
Many home based business entrepreneurs, especially the ones involved in network marketing, shiver at the word “saturated”. In a network marketing environment it may dawn upon every person, at one point or another, that there are many others with products and opportunities that are similar to theirs, and the products that they are expected to sell may be in the highly competitive industries. I felt that way once too, but here’s the real question - what can you offer?
Not too long ago a friend of mine, after completing her course on cosmetics, offered free facials and beauty consulting to promote cosmetic products sold by her network marketing company. By doing things most people were not doing at that time, she simple blew the competition away.
So what can you contribute to your home based business to make it different, to make it stand out from the crowd?
3) Give Your Customers Exactly What They Want
The success of Google’s AdWords and AdSense is due to this simple fact - they gave advertisers exactly what they wanted. Marketers wanted a quick, results based, and dynamic advertising tool, and they got Adwords. Website owners wanted more advertising revenue, but did not want the hassle of maintaining it over the hundreds of pages that they have, and they got Adsense.
Its a pretty simple strategy - understand what your customers want and give it to them!
My ex-sponsor in my old network marketing company used to say that in order for me to move their nutritional supplements, I had to teach people that supplements can prevent many hazardous illnesses. Prevention is better than cure. But here’s what I learned in a few years - the majority of people are looking for cures, not prevention. Most of the people I met in Malaysia are looking for a cure to sleeping disorders, a cure for fatigue, a cure for arthritis, and so on.
Sure, it may be a noble deed to educate people about prevention, but the world does not always work that way. The majority of people look for a home based business only when they get retrenched, when they run out of savings, or when they retire. So why not make your recruitment efforts match this need? Why not develop your niche market based on this category of people?
Instead of teaching them about residual income and the power of duplication which they are not interested in, wouldn’t your message be more effective if you taught them how to earn a comfortable retirement income, or how to replace their current income instead?
The point is this - as a home based entrepreneur you must understand your target market’s need, and serve them well. You should focus on being the best in providing the cure, not the best in preaching about the prevention. Focus on customer needs, and they will flock to you.
4) Are You Having Fun?
Everything about Google spells fun. But don’t get me wrong. They are probably the most innovative company at the moment.
The fact that they can present their complicated technology in such a simple way to end-users is an act that every company can envy. Have you ever heard anyone complain about Google search being too complicated to use? Yet as an Internet marketer I can go crazy trying to understand the complexity behind the simple white page and squiggly logo.
Leave the complexity of a home based or network marketing business behind the scenes. Teach people how to have fun, while achieving goals and building their business. Show them that you are having fun yourself, and they will buy, they will join, or at least tell someone else about you, and your exciting business.
When you’re having fun, it will not seem like work at all. Everyone could use a little fun in their lives, don’t you think?
5) Focus on Your Core Competency
Yes, this is another phrase that is thrown around in the business world, but how many entrepreneurs actually practice it? As a home based entrepreneur, you may find the need to explore other sources of income. There’s nothing wrong in that, but here’s the catch - don’t go where the money is, especially if it’s not related to what you’re doing.
Many people tend to find other sources of income that is totally unrelated to their main home business. As a result of that, they become an expert in nothing, and they become the best in nothing. If you make custom furniture at home, why take a job at a fast food chain to make ends meet, when you can explore other ways to make money out of your core competency? Having woodworking workshops, writing a ‘how to’ book on woodworking, or even a sales job at a furniture outlet can make good sources of additional revenue, while building your name and expertise on your core competency itself.
Starting out as a search engine, Google pretty much maintained their core competency until today. When they explore other sources of revenue or develop new products, you can be pretty sure it’s related to search technology. And the undisputed result of that is that there is simply no other better alternative when it comes to search and information retrieval.
Therefore, we have much to learn from the success story of Google. Just as much as the age old story of entrepreneurs who drop out of school, and go on to develop multi-million dollar businesses armed with nothing more than guts and ingenuity, Google’s success story is inspirational to say the least.
A tale of humble beginnings with extraordinary endings. Maybe that will someday be the story of your life, and your home based business…
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Gobala Krishnan, a writer and home based entrepreneur in Malaysia, helps frustrated and underpaid employees turn their passion and inborn talents into a profitable home based business. Get his free reports or sign-up for free coaching at http://www.OneDollarCoaching.com
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