Finance Search
Sunday, August 31, 2008
Fallacies Regarding Online Home Based Businesses
In the course of my home business coaching activities, I have often found that people head into the startup of their online home based businesses with a wildly unrealistic mindset. Many have been told that they can sign up for a few programs, build a website around them, add a bunch of banners and links onto their site, then sit back and watch the money roll in and never have to work again. There is a misconception that you can come online and set up an Internet based business and be making big money within a few days. This is absolute hogwash and it has not been my experience nor the experience of anyone I have come in contact with through my online business activities. The harsh reality is that there are more people who fail at their home businesses than there are people who actually succeed. Newcomers to the world of online home based business are not usually aware that they may actually have to work harder at their home businesses than they did at their traditional jobs. They are typically not aware of the many hours of marketing time that they will need to put in to be successful. Many people that are new to online marketing also make the mistake of thinking that a single marketing strategy will suffice. Naturally, some avenues will produce better results than others, but I have found the best course of action is to adopt a broad based approach to your online marketing by spreading your time and resources over several different methods.
Home Based Business Success and the Power of Belief.
There were well over one million searches last month on the internet for home businesses. This means numerous people either aren’t happy where they’re at – they need more money or they want to be home raising their kids. Think about it – people are either working so hard to pay the bills that they can’t slow down and enjoy life or they struggle to pay the bills and thus their life is stress and endless worry. Look at all the home foreclosures each month – it’s unbelievable. However, while most people really want what a successful home business has to offer they usually aren’t prepared to make that a reality. Let’s talk here about belief – all great accomplishments start with a seed of belief. But for that seed of belief to grow into a great accomplishment it needs a lot of water and nourishment – especially at first. The key is to nourish that seed of belief so it grows – that seed of belief is very vulnerable at first – it can easily die as it has no roots. Right after someone has started a home business is when it’s most vulnerable. Your brother in law Butch will say – are you some kind of moron – those home business things don’t work – my cousins Clem and Jethro didn’t make a dime in the entire 2 hours they spent working. Of course who’s to doubt a business giant like Butch – after all he just advanced to the rank of assistant night supervisor at the Quick mart after 7 short years. Are you on fire? I heard a preacher once say – are you on fire? Or are you trying to put out someone else’s fire.
A Simple Stock System for Small Investors
FT. LAUDERDALE, FL - Newswire/ -- Author and decorated Vietnam War pilot Bob Miller (www.bobmillerwrites.com) today announced the launch of his FreeStockSystem helping independent investors to earn 100 shares of stock for FREE and even show a cash profit with every purchase, and all within just a few days.
Neither a stockbroker nor a financial guru, Bob Miller relies on his personal experience in the stock market, which began with a dare on the golf course. "A broker bet me that I couldn't make $500.00 in six months in the market without his help," Bob Miller explains. "While waiting on the 10 tee I wrote out my FreeStockSystem and opened an account in the amount of $28,000 the next day. In less than 5 months I had doubled that amount."
Best of all, the FreeStockSystem, which is explained in detail on his website, is completely free for anyone who wishes to use it. "Why did I decide to give my system away for free? Simple," explains Miller, "people who sell moneymaking systems are hoping to make money selling their system, not using it."
Neither a stockbroker nor a financial guru, Bob Miller relies on his personal experience in the stock market, which began with a dare on the golf course. "A broker bet me that I couldn't make $500.00 in six months in the market without his help," Bob Miller explains. "While waiting on the 10 tee I wrote out my FreeStockSystem and opened an account in the amount of $28,000 the next day. In less than 5 months I had doubled that amount."
Best of all, the FreeStockSystem, which is explained in detail on his website, is completely free for anyone who wishes to use it. "Why did I decide to give my system away for free? Simple," explains Miller, "people who sell moneymaking systems are hoping to make money selling their system, not using it."
Free instant auction traffic
Here's an easy way to get extra traffic to your eBay auctions... ...and we all know, the more traffic, the more bids and ultimately, the more sales you'll get! First...answer this question: "Do you look at other people's feedback ratings?" You probably answered yes... So here's my idea - "Whenever you leave feedback, put your website URL in the feedback Comment" If you don't have a website, no problem, see below for details. I have only seen this done once! - me. It's so easy and EVERYONE looks at feedback ratings before they bid. So, the idea would be to try and leave feedback for users that get a lot of traffic... How? - check out eBay pulse and look at some of the highest watched items and try bidding on one of them. After, you bid and win, leave your feedback with your website URL in your feedback comment. For example, **AuctionResourceNetwork.com** - Excellent communication and great eBayer, Highly recommended You can see how the domain will *jump-out* at the reader. Also, when you leave feedback for your auction sales, do the same. Now.., if you don't have a website, here's a quick trick on how to direct that traffic to your about me page. Simply create a free account at NameCheap.com and purchase a domain name, i.e. www.your-domain.com NameCheap.com only charges $8.88 per year for your domain name! ...then, in your NameCheap.com account, you can set your new domain to redirect to your eBay about me page...here's how: Login to your NameCheap.com account Click the 'view' link beside 'Number of domains in your account' Click your new domain name Click URL Forwarding under the Host Management section on the left Enter your about me page URL in both textboxes and click Save Changes Viola...you now own a domain that redirects to your about me page! And make sure you place your new domain name in all your feedback comments.
The eBay Community - Both the solvent and the glue: The re-defining of the online industry
Why the anarchy on eBay? Why the apparent contradiction between the merchandising as a community and the escalating tension that is creating an exodus to independent platforms, a slowdown in growth on eBay, and reduction in users on the platform? The empowered eBay business person EBay empowered the small user to compete in the business world on an equal footing with the brick and mortar stores without the overhead due to facilities costs and labor costs. They campaigned the ideal by marketing eBay as a community, albeit virtual, enjoining the User thru mutual goals regardless of geographical location thus mitigating the virtual isolation. Access to the community at eBay , akin to a global village, is won by acceptance of the notion that there are mutual goals. The goals, presented as a team effort, depend on driven self interest both on eBay’s part and the part of the user - a driving desire for both to succeed with spiraling success and escalating sales. The empowered User feels betrayal when the team concept breaks down due to lack of any meaningful discussion on application and interpretation of the Terms Of Service (TOS) and fees. Enforcement of TOS is final, arbitrary and capricious with little opportunity for discussion or appeal. The reporting mechanism is the community itself which defers policing costs away from Corporate. The mechanism is driven by self reporting by other members who usually have a self benefit as the reported target is often a competitor or personal rival.
Tuesday, August 26, 2008
Why Your Projects Are Not Being Completed
Here are 5 common reasons why your projects are going over schedule, over budget, and generally under expectations of quality.
1. Overextending on your resources: Or simply doing more than what your resources whether it be in finances, human capital, strategic partnerships, time, etc.
2. Micromanaging: Instead of looking over the shoulders of your team mates, focus more on the overall strategy alignment and faciliate intra/extra departmental communications.
3. lack of strategic vision, feature-creep, too tactical (putting out fires, playing catch-up vs how to sustain long term competitive advantage)
4. Eating an elephant whole: no matter how well thought out the project is, the individual pieces may be perfectly executed on time and on budget but then it's impossible or extremely difficult to integrate the pieces. Instead it is probably a better idea to chunk out the projecs to produce measurable results such as described in the "rapid results initiative" where specific quantifiable milestones are set, and once reached can be either built upon or scrapped depending the the goal discovery process.
5. Poor communication between cross-functions: Bureaucracy is part of the game, get used to it, or better yet, learn to be a better communicator and have not just let the marketing or engineering head decide on the project requirements but set aside time to get insight from all constituents and stakeholders.
1. Overextending on your resources: Or simply doing more than what your resources whether it be in finances, human capital, strategic partnerships, time, etc.
2. Micromanaging: Instead of looking over the shoulders of your team mates, focus more on the overall strategy alignment and faciliate intra/extra departmental communications.
3. lack of strategic vision, feature-creep, too tactical (putting out fires, playing catch-up vs how to sustain long term competitive advantage)
4. Eating an elephant whole: no matter how well thought out the project is, the individual pieces may be perfectly executed on time and on budget but then it's impossible or extremely difficult to integrate the pieces. Instead it is probably a better idea to chunk out the projecs to produce measurable results such as described in the "rapid results initiative" where specific quantifiable milestones are set, and once reached can be either built upon or scrapped depending the the goal discovery process.
5. Poor communication between cross-functions: Bureaucracy is part of the game, get used to it, or better yet, learn to be a better communicator and have not just let the marketing or engineering head decide on the project requirements but set aside time to get insight from all constituents and stakeholders.
Winning in the Global Economy - Will You be a Victim or Victor?
Part II - American Dream or American Myth? If you’re still playing by the “How to Achieve the American Dream” rules of your father and grandfather, then:
1. You’ve been downsized out of one or more jobs.
2. You company merged with corporation ABC and you’ve been rightsized out of a job to reap the “synergies” of the merger.
3. You’ve trained your replacement in Bangalore prior to your job being outsourced.
4. You’re working 60 to 80 hour per week and getting paid for 40 hours out of fear of either
1), 2), or 3) above.
5. You’re working under contract and think you’re an entrepreneur or a “consultant”, but you’re really just an “employee without health benefits”.
6. You’re recently retired from a large corporation with a “secure” pension that’s about to be decimated (defaulted to the federal government) so your former employer can continue to compete in the global economy.
1. You’ve been downsized out of one or more jobs.
2. You company merged with corporation ABC and you’ve been rightsized out of a job to reap the “synergies” of the merger.
3. You’ve trained your replacement in Bangalore prior to your job being outsourced.
4. You’re working 60 to 80 hour per week and getting paid for 40 hours out of fear of either
1), 2), or 3) above.
5. You’re working under contract and think you’re an entrepreneur or a “consultant”, but you’re really just an “employee without health benefits”.
6. You’re recently retired from a large corporation with a “secure” pension that’s about to be decimated (defaulted to the federal government) so your former employer can continue to compete in the global economy.
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