7 marketing mistakes to avoid when promoting your business

Many people rush into business thinking it will be easy to run, but very soon they realize that it is not as easy as it looks. A successful business is a finely tuned machine. In order to keep your business running smoothly it is important to avoid making mistakes.

Here are the 7 most common mistakes to avoid:

1.Not having clear objectives: Many business people start a business without clear objectives. They fail to set realistic goals for their marketing and consequently set themselves up for failure. It is important to make a list of goals and objectives based on a quarterly time line. If you do not have company goals and objectives you are like a car driving without a road map. Make sure all employees are briefed on company objectives. When your employees are not properly prepared you will not be able to achieve company objectives.

2.Neglecting to analyse your potential customers is a dangerous mistake. It can lead to many problems. When you do not analyse your customers wants and needs you do not know what products and services to develop for them. This will lead to targeting the wrong market and neglecting to understand your own niche market. It is important for any business to do their marketing analysis so that you can target your market and maximise your sales.

3.Not testing: By not testing your sales copy and places you advertise with split testing your advertising, you will be losing sales. Split testing is simple to do but many businesses fail to do this. This results in a lot of wasted time and effort. If you do not test your ad copy and marketing promotions you will not have a proper idea of the ads and promotions that are pulling and what is not working. It is simple to do by placing 2 ads for the same product in a publication or website etc. You can then see which one is performing the best.

4.Not budgeting: Budgeting is extremely important in business. Your business should never run out of money. This is especially true with your marketing and advertising ventures. It is important to have a monthly or quarterly budget for your marketing. Within that budget put aside money for each promotion you will be doing. Start small, test and then build on successes. This will allow you to always stay solvent and have enough for promotions.

5.Giving up too soon: Companies go out of business at an alarming rate these days. One of the reasons is that the owners give up too soon. Just when success might be just around the corner they give up and decide to close the business down. In exactly the same fashion marketing promotions can fail. You need to give your promotions at least 3 months before you decide to scrap them. Some promotions will take longer than others to bring results. As always, test all marketing tactics before you launch a larger promotion. Patience is one of the hallmarks of business and you need to implement it.

6.Poor sales copy: How often have you wanted a product but when you read the sales page you had serious doubts? Poor unprofessional ad copy will cost you sales. In fact without good sales copy you will not be able to sell effectively at all. It is critical to your business to get this right. If necessary get an experienced copywriter to do this. It is worth the investment, as you will see returns when you make sales.

7.Not screening your employees carefully: To handle the extra load for the Christmas season you will need to hire new employees. It is very important not to rush into this. There is no dearth of people needing employment but you need to screen them carefully before hiring. One rude customer service agent can cost you customers. Do not take this type of risk. You want to preserve the integrity of your company at all times and screening employees is the way to achieve this. You will then be able to build a core of loyal professional employees that will be an asset to the company.

The golden rule is to diversify. You should always use multiple forms of marketing promotions in your business. Do not just do one or two promotions and then wait for results. This will slow company growth and your business will stagnate. The last thing you need is to slow your marketing in the Christmas season. So remember to diversify and enjoy the increase in sales.

By avoiding these mistakes you will take your company to the success you deserve. You will be able to have year round success for your business and really be able to cash in on the Christmas season. So plan ahead and be careful not to make these common mistakes.

 

7 Cold Calling Secrets Even The Sales Gurus Don’t Know

7 Cold Calling Secrets Even The Sales Gurus Don’t Know

Cold calling the old way is a painful struggle.

But you can make it a productive and positive experience by changing your mindset and cold calling the new way.

To show you what I mean, here are 7 cold calling ideas that even the sales gurus don’t know.

1. Change Your Mental Objective Before You Make the Call

If youre like most people who make cold calls, youre hoping to make a sale — or at least an appointment — before you even pick up the phone.

The problem is, the people you call somehow always pick up on your mindset immediately.

They sense that youre focused on your goals and interests, rather than on finding out what they might need or want.

This short-circuits the whole process of communication and trust-building.

Heres the benefit of changing your mental objective before you make the call: it takes away the frenzy of working yourself up mentally to pick up the phone.

All the feelings of rejection and fear come from us getting wrapped up in our expectations and hoping for an outcome when its premature to even be thinking about an outcome.

So try this. Practice shifting your mental focus to thinking, “When I make this call, Im going to build a conversation so that a level of trust can emerge allowing us to exchange information back and forth so we can both determine if theres a fit or not.”

2. Understand the Mindset of the Person Youre Calling

Lets say youre at your office and youre working away.

Your phone rings and someone says, “Hello, my names Mark. Im with Financial Solutions International. We offer a broad array of financial solutions. Do you have a few minutes?”

What would go through your mind?

Probably something like this: “Uh-oh, another salesperson. Im about to be sold something. How fast can I get this person off the phone?”

In other words, its basically over at “Hello,” and you end up rejected.

The moment you use the old cold calling approach — the traditional pitch about who you are and what you have to offer, which all the sales gurus have been teaching for years — you trigger the negative “salesperson” stereotype in the mind of the person youve called, and that means immediate rejection.

I call it “The Wall.”

The problem is with how youre selling, not what youre selling.

This is an area thats been ignored in the world of selling.

Weve all been trained to try to push prospects into a “yes” response on the first call. But that creates sales pressure.

But, if you learn to really understand and put yourself in the mindset of the person you call, youll find it easier to avoid triggering The Wall.

Its that fear of rejection that makes cold calling so frightening.

Instead, start thinking about language that will engage people and not language that will
trigger rejection.

3. Identify a Core Problem That You Can Solve

Weve all learned that when we begin a conversation with a prospect, we should talk about ourselves, our product, and our solution. Then we sort of hope that the person connects with what weve just told them. Right?

But when you offer your pitch or your solution without first involving your prospect by talking about a core problem that they might be having, youre talking about yourself, not them.

And thats a problem.

Prospects connect when they feel that you understand their issues before you start to talk about your solutions.

When people feel understood, they dont put up The Wall. They remain open to talking with you.

Heres an example based on my own experience. I offer Unlock The Game as a new approach in selling. When I call a vice president of sales, I would never start out with, “Hi, my name is Ari, I’m with Unlock The Game, and I offer the newest technique in selling, and I wonder if you have a few minutes to talk now.”

Instead, I wouldnt even pick up the phone without first identifying one or more problems that I know VPs often have with their sales teams. Problems that Unlock The Game can solve.

For example, one common problem is when sales teams and salespeople spend time chasing prospects who have no intention of buying.

So I would start by asking, “Are you grappling with issues around your sales team chasing prospects who lead them on without any intention of buying?”

So, come up with two or three specific core problems that your product or service solves. (Avoid generic problem phrases like “cut costs” or “increase revenue.” Theyre too vague.)

4. Start With a Dialogue, Not a Presentation

Lets return to the goal of a cold call, which is to create a two-way dialogue engaging prospects in a conversation.

Were not trying to set the person up for a yes or no. Thats the old way of cold calling.

This new cold calling approach is designed to engage people in a natural conversation. The kind you might have with a friend. This lets you both of you decide whether its worth your time to pursue the conversation further.

The key here is never to assume beforehand that your prospect should buy what you have to offer, even if theyre a 100 percent fit with the profile of the “perfect customer.”

If you go into the call with that assumption, prospects will pick up on it and The Wall will go up, no matter how sincere you are.

Avoid assuming anything about making a sale before you make a call.

For one thing, you have no idea whether prospects can buy what you have because you know nothing about their priorities, their decisionmaking process, their budget, etc.

If you assume that youre going to sell them something on that first call, youre setting yourself up for failure. Thats the core problem with traditional old-style cold calling.

Stay focused on opening a dialogue and determining if it makes sense to continue the conversation.

5. Start With Your Core Problem Question

Once you know what problems you solve, you also know exactly what to say when you make a call. Its simple. You begin with, “Hi, my name is Ari. Maybe you can help me out for a moment.”

How would you respond if someone said that to you?

Probably, “Sure, how can I help you?” or “Sure, what do you need?” Thats how most people would respond to a relaxed opening phrase like that. Its a natural reaction.

The thing is, when you ask for help, youre also telling the truth because you dont have any idea whether you can help them or not.

Thats why this new approach is based on honesty and truthfulness. Thats why youre in a very good place to begin with.

When they reply, “Sure, how can I help you?,” you dont respond by launching into a pitch about what you have to offer. Instead, you go right into talking about the core problem to find out whether its a problem for the prospect.

So you say, “Im just giving you a call to see if you folks are grappling (and the key word here is grappling) with any issues around your sales team chasing prospects who turn out to never have any intention of buying?”

No pitch, no introduction, nothing about me. I just step directly into their world.

The purpose of my question is to open the conversation and develop enough trust so theyll feel comfortable having a conversation.

The old way of cold calling advises asking lots of questions to learn about the prospects business and to “connect.” The problem is that people see right through that. They know that you have an ulterior motive, and then youre right back up against The Wall.

These ideas may be hard for you to apply to your own situation at first because trying to leverage calls based on what we know about our solution is so engrained in our thinking.

If you stay with it, though, you can learn to step out of your own solution and convert it into a problem that you can articulate using your prospects language.

And thats the secret of building trust on calls. Its the missing link in the whole process of cold calling.

6. Recognize and Diffuse Hidden Pressures

Hidden sales pressures that makes The Wall go up can take a lot of forms.

For example, “enthusiasm” can send the message that youre assuming that what you have is the right fit for the prospect. That can send pressure over the phone to your prospect.

You must be able to engage people in a natural conversation. Think of it as calling a friend. Let your voice be natural, calm, relaxedeasy-going. If you show enthusiasm on your initial call, youll probably trigger the hidden sales pressure that triggers your prospect to reject you.

Another element of hidden pressure is trying to control the call and move it to a “next step”.

The moment you begin trying to direct your prospect into your “sales process”, there is a very high likelihood that you can “turn off” your prospect’s willingness to share with you the details of their situation.

It’s important to allow the conversation to evolve naturally and to have milestones or checkpoints throughout your call so you can assess if there is a fit between you and the person you are speaking with.

7. Determine a Fit

Now, suppose that youre on a call and its going well, with good dialogue going back and forth. Youre reaching a natural conclusionand what happens?

In the old way of cold calling, we panic. We feel were going to lose the opportunity, so we try to close the sale or at least to book an appointment. But this puts pressure on the prospect, and you run the risk of The Wall going up again.

Heres a step that most people miss when they cold call. As soon as they realize that prospects have a need for their solution, they start thinking, “Great, that means theyre interested.”

What they dont ask is, “Is this need a top priority for you or your organization to solve, or is it something thats on the back burner for a while?”

In other words, even if you both determine that there ia a problem you can solve, you have to ask whether solving it is a priority. Sometimes theres no budget, or it isnt the right time. Its important that you find this out, because months later you’ll regret not knowing this earlier.

Putting the Pieces Together

Have you ever wondered where the “numbers game” concept came from?

It came from someone making a call, getting rejected, and the boss saying, “Call someone else.”

But with the new way of cold calling, its not about how many people you call. Its about what you say and how you come across.

Do you remember the definition of insanitycontinuing to do the same thing but expecting different results?

If you go on using the same old cold calling methods, youll go on experiencing the ever-increasing pain of selling.

But if you adopt a new approach and learn how to remove pressure from your initial cold calls, youll experience so much success and satisfaction that itll really change the way you do business, bring you sales success beyond your imaginationand eliminate “rejection” from your vocabulary for good.

 

7 Benefits Of Mobile Document Shredding Services

Mobile document shredding service companies come to the physical location of your business and take care document disposal for you. These services typically use a medium size truck with the shedding device built into the back of the vehicle. This is so the shredder can go to the company location and shred all the documents on site before taking the particles to the dumping area for final disposal.

What are the benefits of mobile shredding service?

* Containers: Many shredding companies furnish nice looking steel locking containers for use in your office. These containers can be emptied on schedule, or whenever they get full. Many mobile shredding companies offer flexible scheduling.

* Certification: You may get a Certificate of Destruction. While this certificate doesnt totally absolve the business of responsibility for the document security, it does help.

* Ease Of Use: Why risk transporting tons of documents off-site when you can witness the document destruction in the back of the truck right outside your office!

* Unrecoverable: The professional process used by mobile shredding companies makes it impossible to reconstruct documents.

* Affordable: It can cost only pennies per pound to shred business documents.

* Verified Firsthand: Company personnel can witness the shredding is done on-site. You dont have to entrust the drivers and a chain of people to destroy your documentsyou can witness it firsthand without leaving your office parking lot!

* Less time consuming: Shredding these documents by hand would waste valuable employee-hours. With a mobile shredding service, huge piles of documents can be shredded in a fraction of the time.

Mobile shredding is probably the easiest, most secure, and most rest freeway of disposing of documents.

Some of the service options frequently offered by mobile document shredding companies:

Ongoing scheduled service
One time bulk shredding.
Onsite shredding
Offsite plant based shredding
One time purges
Electronic destruction Recycling
Daily, weekly, monthly, and semimonthly (or, biweekly) schedule

For a company, it can be a good investment to hire a mobile shredder to come to the site regularly and dispose of sensitive documents. After all it can cost a lot of money to warehouse this type of data. Instead of documents sitting around collecting dust, a mobile shredder can make mincemeat of them with minimum hassle and clear the clutter.

You can find more information about certified www.document-shredding.bizmobile document shredding and paper shredding in general at our website.

 

5 Ways to Incorporate Network Marketing with Your Home-Based Business

5 Ways to Incorporate Network Marketing with Your Home-Based Business Opportunity

Many people are looking for a new business opportunity to make money at home. The Internet has made it possible to market products and services all over the world. This has created a huge potential for individuals to be involved in their own home business.

Some people work at home for themselves, providing services to others, or selling their own exclusive products. There are business opportunities in MLM, and network marketing that allow a person to earn money while selling for someone else. Either way, it depends on the ambition and dedication of the person involved. Any business can become a success with hard work and a product that is easy to sell.

Finding a Business Opportunity

Network marketing is about selling and dispersal. You want to get your product known to prospective customers and have it distributed so that it creates more sales for you. By investing a small sum of money, you can begin to make money and work from home selling your own products or products for another company.

Promote Your Business

The first and best form of advertising and marketing is word of mouth. Whenever a person finds a new product, or a new store, new doctor, or a new restaurant, they tell everyone they know about it. This stirs up interest and encourages people to try something new. If you have a product or service to sell, the ones who use it will become your best form of advertisement. Many businesses depend on this positive form of network marketing.

Secondly, to make your product known to more people, try printing business cards to hand out everywhere you go. When you go to the grocery store, church, school meetings or other everyday places, hand your cards out with a friendly smile. This will spread your name and increase your business opportunity.

Thirdly, you can promote your products through your own website or by emailing people from related websites. The Internet is also useful for marketing by submitting articles related to your products to other websites.

Fourthly, another effective network marketing tool is a send-out card. These keep you in touch with your clients and customers by using a more personal approach. Sending an email is easy and cheap but it does not seem as personal as a card addressed to them

Fifthly, network marketing is not just about making a one-time sale. You need to generate new sales and keep your customers coming back for repeat business. A business opportunity that enables you to add products or sell multiple products to your previous customers will give you a solid foundation for building a steady yearly income.

Following up on your customers will build a relationship that will develop confidence in your home business. By thanking your customers for their business and staying in touch, you show them how valuable their business is to you.

Build Your Home Business

The success of your home business will depend on your dedication and hard work. You don’t have to start out with a lot of overhead expenses and huge facilities. By investing a few hours a week, you can slowly build your business and not be overwhelmed by debt. Start working today to build up your home business and enjoy fulfillment and financial security.

 

5 Ways Blogging Can Help Your Business

Not long ago, a diary was a deeply personal thing a journal of thoughts and observations, kept under lock and key and often buried in a dresser drawer.
The Web has a way of changing things. Now, a diary of thoughts, observations and insight posted on the Internet may be a way to boost your business.
Web logs, or “blogs” as they’re better known, have become a way to engage readers and potential customers of businesses big and small.
A blog is a journal posted on a Web site, updated on a regular basis and containing news, opinions, ideas and brainstorms. It might also have links to other sources of information, other Web sites and other blogs.
Many blogs cut both ways, inviting readers to post feedback on what they see. While that can apply to everything from sports and entertainment, it can also generate interest and, ultimately, income for your business.
No, blogs aren’t for everyone. But see how they can accomplish these five basic business objectives.
1. Expose a new or little-known product or idea
For Grant Smith, blogging makes a world of sense on a number of levels. Smith operates a business that provides streaming video e-mail and related video communications products. Since many prospective clients might know little about video e-mail, Smith says his blog is a natural way to provide specifics.
“I began blogging to get established in the technology,” Smith says. “It can have a positive impact for business. Readers are always looking for more ways to find out information about companies and for ways to interact.”
That, in turn, can lead to a more informed customer and a more time-effective sales process. Rather than taking time to pitch your product or service to a client who may not need it, a blog supplants you as an information source. If a prospect contacts you, that’s great. If not, you’ve wasted no time in explaining something that generates nothing in return.
2. Improve your search engine rankings
Blogging also puts you in touch with prospects in other ways. As any company with a position on the Internet realises, Web site visitors that come via Google, MSN and other search engines can provide numerous leads. Blogs can add to the frequency with which search vehicles identify you and your company, particularly if your blog allows readers to post a response.
If done properly, blogs have a tremendous benefit relative to search engines, according to Brad Fallon, president of SEO Research, a search engine marketing firm. “With blogs that allow comments, every new post and every new comment becomes an additional Web page filled with additional keywords to be picked up by the search engine spiders,” he says.
3. Position yourself as an expert in an industry or field
Blogging also can also prove an effective marketing tool to establish yourself as an authority in your field. Not only can that generate leads, it also sends a positive message about your credentials through the marketplace and also gives your business a face and a personality.
4. Influence public opinion
Blogging also allows users to bypass traditional journalistic venues and, in effect, become a publisher of their own thoughts and viewpoints. For Steve Rubel, vice president of client services at a public relations firm, blogs are also fast becoming a powerful influence on public opinion.
“Blogs have evolved into legitimate alternative sources of news on niche and micro-niche topics,” Rubel says. “Anyone with a passion and dedication could become an amateur journalist. I feel some of these sites in aggregate are having just as much sway on public opinion as larger, more established media brands.”
5. Engage in a forum openly with your customers
Just as important, blogs that solicit reader comments can provide a sense of immediacy with your customers. In one respect, that’s a ready source of feedback on what you’re doing right and what you need to improve.
“My blog provides a forum for customers to give feedback after plunking their money down,” says Fallon. “The result? While the normal market is lucky to have one-half of 1% of customers send an unsolicited testimonial, I have already collected glowing testimonials from over 15% of my customers.”
Product Links
Microsoft Office Small Business Edition 2003
Microsoft Windows Small Business Server 2003
Microsoft Dynamics CRM
Tools
Solution Advisor
Product Advisor

 

5 Tips To Successful Joint Ventures

When businesses think of team building, business owners usually associate it with building their companys internal workforce into a lean-mean fighting machine. Team building, however, should be extended to include external relationships such as those with other businesses. Enter joint ventures or JVs for short.

Joint ventures generally are business partnerships established between two or more parties (individuals, business groups, companies, corporations) for the purposes of expanding the business and achieving merits by joining forces and working as a team. The parties involved in joint venture agreements complement each other, leverage each others assets assets, compensate each others weaknesses, and at times equally share risks.

Less than 5% of businesses actually use joint ventures effectively and most dont even use it at all. In order to get the most out of joint ventures correctly, multiple factors such as choosing who to partner with, approaching potential partners correctly, negotiating a win-win deal for all parties involved, and having a well-coordinated execution need to be taken into consideration.

There are several types of joint ventures. Big companies may join forces to become even more powerful and thus dominate the market, while small companies may team up to build a stronger presence in their market niche in order to fend off bigger, resource-rich companies. JVs can also be used to gain access into foreign markets. Foreign companies often form joint ventures with indigenous companies that are already present on the market, but lack capital or financing to truly take advantage of the market potential. Foreign companies can bring money, new technologies and competitive strategies into a joint venture deal, while benefiting from the relationships and the brand of the domestic company.

These complementary partnerships benefit all the businesses involved if set up correctly with the right partner. Heres a powerful but simple example of a JV that many businesses can take advantage of to grow their small business fast. It is a highly efficient method of increasing business profits by teaming up with another partner whose business is non-competitive and offers a highly valuable asset, a highly responsive client list that would be interested in your products or services. By tapping into this hidden goldmine, small businesses can save thousands of pounds in marketing expense to reach their target clientele while achieving the goal of boosting the bottom line. The business offering the vehicle in which to reach these clientele, the client list, benefits from offering complementary products and services that it does not sell and makes a cut of the sales generated from marketing to this list.

Here are 5 tips for joint venture success:

- Choose your partners carefully. A joint venture has greater chance of being successful if partners have an excellent reputation. An essential component to good team building is having the right partners. They must be trustworthy and have a high level of integrity.

Joint ventures involve extensive team building effort because it is a relationship between two parties and if the relationship is to last, it must be nurtured and kept going. Both parties must be able to trust each other and deliver on each others promises. To find the right partner, perform solid market research and approach only businesses you would want to do business with long term. If you want to form a partnership with a certain company, make sure that its business practices are in-line with yours. It would be very difficult for you to form a reliable team with people who lack motivation or professionalism, so you should look for well-trained, open-minded potential partners.

- Know what to expect from the beginning of any JV relationship. Know from the start what your goals are, what you want to accomplish, and see if your goals are attuned with the partner. Each company should come up with a marketing plan and clearly specify what is expected from their potential partners.

Plan your strategy ahead of time and make sure you cover all the legal aspects stipulated in your joint venture contract, like resource availability and management, special allocations, mutual gains, deductions and income issues. Stick to the business development plan and establish new priorities and goals as you progress. By efficiently managing resources and by maintaining a good, competitive business policy, you will secure the longevity and the success of your business.

- Draft proposals like mini-sales letters. Compose a professional proposal letter explaining the advantages of the joint venture in a convincing way. Keep it short, clear, concise and coherent while briefly introducing your business and why they should do business with you. Remember to tune in to the radio station your prospective JV partner listens to, WIIFM or Whats In It For Me.

If you want to propose a joint venture to anyone you have to give them a really good reason why they should do it. Otherwise, they will most likely decline your proposal. Big, successful companies receive many joint venture offers so you have to stand out. You should educate them about the advantages and the benefits of choosing you over the others. If this partner happens to be a dream partner, stay persistent as persistence demonstrates sincerity and determination to make it work for the potential JV partner.

- Avoid shooting too high with your offers. If you are a smaller business, do not target your offer to a large company first as it will most likely be thrown away. Instead of aiming too high at this point, establish successful joint ventures with small companies in order to get noticed by the bigger, powerful ones. Establish a reputation as a solid business owner who knows how to turn joint ventures into gold for their partners. Businesses naturally gravitate towards successful businesses. Remember to toot your own horn by announcing JVs through press releases andor articles in trade magazines. As your business expands, the competition will quickly become aware of your presence, and there is a chance that powerful companies might come up with proposals of joining forces with your company.

- Be honest and open with all business transactions always. Once you have negotiated the details of the joint venture, the actual work begins. In order to keep things going, a lot of trust, understanding and expertise are needed for ongoing team building on both sides. Maintain an open dialogue and always address issues upfront before it becomes a bigger problem that threatens to break up the partnership.

These are the basic rules for joint ventures and it is ultimately up to you to see whether a deal will be successful. Learn with each joint venture deal to improve on the next deal. Deals can only be made if you go after them. With lots of hard work, youll develop enough expertise to be a joint venture expert and take your business to the next level.

 

5 Tips to Choose the Best Home Business Opportunity

With the rise of the Internet, there’s never been a better time to launch a home business. Millions of people are choosing to work from home and make money on line, using only their computer and mouse. Millions more are involved in more traditional network marketing, scheduling parties and selling products to their friends, neighbors, and family. If you want to make money on line, how do you know what the best home business opportunity is for you? Read on for five tips to help you choose.

1. Know your options. There are tens of thousands of Internet-based home businesses, if not more. They range from multi level marketing opportunities to ecommerce to intellectual property sales. Your first step should be to find a website that has an overview of the best home business opportunities. This will save you countless hours scouring the Internet in order to find all of the choices available.

2. Know your strengths. Perhaps you’re a great writer, and would enjoy – and profit – from taking public domain books and articles and crafting them into books and articles that you could sell on the Internet. Perhaps you’re an experience network marketer and would do well selling products or online opportunities to others who want to break into the field of network marketing. When reviewing home business opportunities, narrow your field to those that play to your strengths.

3. Know your weaknesses. If you don’t know the first thing about building websites, it doesn’t make sense to choose a home business where you’ll have to build a bunch of websites. Likewise, if you couldn’t sell water to someone in the desert, don’t go into direct sales. Even though you might find an incredible home business opportunity, if it doesn’t dovetail with your talents, it’s not for you. It’s like any other job: there are jobs you’re automatically qualified for, those that you can learn as you go, and others that are beyond your reach. Again, success lies in playing to your strengths.

4. Diversify your revenue streams. Despite what many opportunities claim, your best chances for success come when you bring in revenue from several sources. You may begin with one home business, but over the course of a few months, you should add several others. By doing this, if one revenue stream goes south in any given month, you’ll always have backup sources of revenue.

5. Set goals and meet them. In order to be successful, you need to set goals. The goals you set should include revenue goals, marketing goals, and goals specific to the home businesses you’re engaged in. Once you’ve set your goals, you need to make a plan to reach them. Then, you need to commit to doing whatever it takes to follow your plan.

Having a home business is incredibly rewarding. If you’re a parent, you’ll have more time to spend with your children. If you’re retired, you’ll have additional income. If you’re a student, you can pay for your education. If you simply like the idea of giving up the hassles of a nine-to-five job, a home business will give you the freedom you desire. Just do your research, play to your strengths, diversify your revenue streams, and set and meet your goals, and you’ll experience the satisfaction that being a successful home business owner can bring.

 

5 Surefire Ways For Teachers To Make Money This Summer

5 Surefire Ways For Teachers To Make Money This Summer

For Teachers, the summer months, although a great vacation, can also be the perfect time to make some extra money and reduce debt.

What are the options for a Teacher to make money during the summer with a short-term business that can end when summer does?

1. Tutoring.
I know it sounds obvious, but tutoring can bring in decent cash. You already have the connections through school, so marketing your tutoring business (and building a customer base) can be fairly easy especially if you let parents know you offer tutoring before the school year ends.

2. Babysitting
If you enjoy working with young children, you can work a few hours each week babysitting. Your hourly pay will be less than if you opt for tutoring, but you can still make a respectable 10 an hour babysitting. As a mom, I know how hard it is to find reliable, trustworthy babysitters, so youd easily be able to get regular sitting jobs.

3. Summer Camp
Hold a summer camp at a local park or even at your own home. Host a week-long camp, and plan activities. Parents will love the break from their kids, especially knowing the kids will be well taken care of and theyll be having a great time.

4. Online Auctions
Take the opportunity to list all your extra treasures on eBay. Youll clean out your home of junk as well as bring in some well-deserved money. If youre feeling ambitious, you can even list other peoples items and take a percentage for the effort.

5. Vacation Helper
Many families go on vacation during the summer. They need reliable people to house sit, water plants, get the mail and sometimes pet-sit as well. Youd be providing a very valuable service with little effort on your part.

These are just a few of the many ways for you to make some extra money during your summer break. The important thing is that it does not take a large amount of cash to start your own business. You can start with just word of mouth and take it from there.

 

5 Super Wealth-Building Tips Pave the Way to Financial Freedom

5 Super Wealth-Building Tips Pave the Way to Financial Freedom

There are so many things involved with building wealth that it would take much more than one article to explain it all. So, we’ve put together a simple five-step guide to help you get a great start in building wealth for a lifetime.

Step 1: Set Specific Goals

Goal setting is a task that can be easily put off – especially when you are extremely busy in day-to-day activities. However, goal setting is the first and one of the most important steps you’ll take to achieve wealth. Set both short-term and long-term goals. Short-term goals may be daily, weekly and monthly goals. These should reveal where you would like to be financially by a certain time in the near future.

Long-term goals include the amount of wealth you would like to accumulate within a year, two years, or maybe even five or ten years. Both types of goals are necessary to build wealth. Without goals, you are wondering blindly with no care or thought of what’s ahead. This pattern of life is sure to leave you empty-handed!

Step 2: Create a Business Plan

Every successful business from the past and today started with a plan. Your business plan should illustrate where you are now, where you plan to be in the future, and how you’re going to get there. Write these few notes down on paper. Then, fill in the blanks to create a rough business plan. It’s easier than you think.

*Your current income
*Business profits and expenses (if you already own a business)
*Business budget (or personal budget if working for someone else)
*Capital needed upfront to promote and operate business
*Plans to acquire the capital needed (source of capital)
*Spending plan (promotions, supplies, inventory, online expenses, etc.)
*Expectations (What results do you expect from your initial efforts?)

Creating a business plan is a necessary step to build wealth through your own business. Even if you don’t own a business, you should write down a similar plan to reach your personal wealth goals.

Step 3: Avoid Harmful Debt

Debt is the one of the key reasons many people never accumulate wealth. But remember, there are two types of debt: harmful debt and necessary debt. Harmful debt is the debt you create for things you do not need such as excessive shopping, luxury items, expensive cars that you can’t afford, etc. Necessary debt is a debt most people must have to live, such as a mortgage, car loan (affordable), medical, college, etc. These debts are a part of life for most families and will be for many, many years. However, even these types of debts should be kept well within your income limitations. If you can only afford a 250month car loan, then shop around until you find one at this price. Don’t give in to the temptations and pressures to buy the fancier, more expensive car with a 450month payment. It’s not worth the risk!

You may ask, “I thought these steps were for building wealth?”

As it happens, debt is the opposite of wealth. The more debt you have, the less wealth you will accumulate. You can’t save money or invest money that belongs to someone else. If you earn 3,000 in income this month, but owe 2,000 in loans (before everyday living expenses), you can’t possibly have extra money to save. You must either earn more or sell some items to pay off your debt. You should avoid this “debt trap” if you intend on building wealth for the future.

Another type of debt is one for your business. You may take out a small business loan to get things started or to promote your business. If you are uncertain about whether the business will bring profits, try to avoid business debt until you have tested it a while.

Step 4: Develop a Personal Plan

Above, you developed a business plan. Now it’s time to create a personal plan. What tasks will you do daily to build wealth? Put yourself on a schedule and a strict budget. Work toward your goals daily by making a list of things to do and marking off each item on the list as you complete the tasks. In your budgeting, include a set amount of money you will put away in savings (savings account, IRA, stocks, bonds, etc.) If you plan to invest, be sure to diversify your investments. Choose only one or two high-risk investments and several “safer” investments such as mutual funds or bonds.

Step 5: Stay focused on the Goal, not the Circumstances

No matter what circumstances you find yourself in, keep your eyes on the wealth-building goal ahead. Even if sales are down in your business, don’t stop dead in your tracks. Remember, businesses have ups and downs. If you remain steadfast toward your goal during the slow times, the busy times are bound to be much better than ever. Your income will grow and you will have the extra money needed to reach your wealth-building goals.

In a nutshell, building wealth does not happen over night with one get-rich-quick program. It happens with consistent labor toward the goals and tasks you have created. You can build wealth for your future if you do not waver from these basic truths that have worked for millions of others!

 

5 Steps To Get Your Priorities Straight At Home And

5 Steps To Get Your Priorities Straight At Home And In Business

Operating a successful home-based business is a time-consuming endeavor. This is doubly true as work-at-home moms in that we are responsible not only for the success of our business, but for our family as well. We must be self-reliant, self-motivated, and discipline ourselves in order to attain success in both areas.

When running a business from home, its easy to let the phone calls, emails and paperwork keep you tied down, making you feel that you dont have time to take a break or to spend quality time with your family. Maybe youve noticed that you spend a little more time than youd like in front of your computer or on the phone. Maybe you see your kids acting out, trying to gain your attention. Perhaps you are seeing that this isnt the work-at-home dream you envisioned. You started out with such noble intentions, but maybe the excitement of success in your business has caused you to lose sight of the REAL reason do what you do each day. It happens to so many of us, but dont worry, help is on the way.

Below are five ideas to prioritize your life and business:

1. Be honest – You probably didnt start your work-at-home career to climb the corporate ladder of your at-home business. Chances are that you started your business with the best of intentions to be able to be at home with your children, to contribute financially to your family, or simply to have a little spending money of your own. Spend some time in prayer and ask the Lord to show you the things that you need to change.

Take a moment and honestly ask yourself how youve been handling the time commitment of owning a business:

Are you spending too much time on the phone, the computer, etc?
Are your kids spending more time than usual in front of the TV?
Do you snap at your children because of the stresses of your business?
Do you worry about your business to the point that it distracts you when you are with your family?

2. Make a list Sit down and write out a list of things that you see that youd like to change. This can be a list of things you can do differently to limit the time you spend on your business; or a list of ways you can de-stress so that you can deal kindly with your family.

3. Log your time Buy a notebook or create a spreadsheet that you can use to log the time you spend on your business each day. Make a column for each day across the top and a row of half an hour increments down the side. Every time you sit down at your desk, write IN in the box that corresponds to the time and day. Every time you leave your desk (or complete a task), fill the appropriate box with the word OUT.

At the end of the week, total up the hours each day that you have spent on business tasks. Are you surprised or is it about where you thought youd be? This can be a real eye-opener and show you in black and white if your priorities have gotten off track. Take special note for how much time you spend on e-mails and things that arent billable.

Diana Ennen of Virtual Word Publishing, http:www.virtualwordpublishing.com also recommends that you plan ahead and schedule your time. Prioritize things and have the work that will require the most effort and concentration scheduled for your peak time. Try and not get sidetracked and stay on task focusing on what you need to do. Youd be amazed how much more work you can get done by simply changing how you work e-mails. If you only answer them at set hours, you save yourself from being online all day and not accomplishing much.

4. Take a break If you get to the end of the week and your time log has you in shock, its time to take a break. If you normally work during the weekend, make it a point to take this weekend off. Shut down your email, turn off the ringer on your phone and shut the door to your office. Youll be surprised at how refreshing this will be.

Use this time off to re-evaluate how you need to be spending your time. Try to plan out when you can work on your business without losing out on time with your children. If your children are in school, make it a point to stop working when they get home. If your children are still small, maybe you can limit work hours to naptime or, if possible, have a grandparent watch them once or twice a week to allow you a bit more work time.

5. Plan an activity Now that youre ready to make a change in your routine, why not plan an activity once a week? This can be an outing with your child or just something simple like setting aside time to make cookies together.

If possible, find another work-at-home mom and hold one another accountable to keep to your new schedules. Make a weekly play date where your children can spend time together you can talk business if necessary or decide to make it a no business talk allowed discussion time.

The years that you have at home with your children are a gift as is your business. The time necessary for each will be different for every family and situation. Take the time to find what works for you and set your schedule accordingly. Make it a point to evaluate your priorities every few months to make sure that your time in spent properly. The rewards will be well worth it, when your family not only is proud of your accomplishments in your business, but also more importantly your accomplishments as their mom. Jill Hart is the founder of Christian Work at Home Moms, CWAHM.com. This site is dedicated to providing work at home moms with opportunities to promote their businesses while at the same time providing them spiritual encouragement and articles. Visit CWAHM.com for additional information. Jill and her husband, Allen of CWAHD.com (Christian Work at Home Dads) reside in Nebraska with their two children.