Hello buddy, congratulations for following through to this point? I’m glad your plan to take serious the future and perhaps that of your family’s financial wellness is reaching new height daily. I appreciate your continued interest in discovering the secret of how to build a successful home and small business. If I can help, just let me know!
Here's today's feature article in the series:
Top Tips Before Starting a Home Business
Copyright © Jude Elile, The Small business helper.
I understand that it's natural to feel skeptical about taking a leap to the next level or getting actually started with your dream home business. It’s okay to feel that way sometime, but look back at some positive moves you’ve taken and learn ONE thing form those success story of yours – that you had to make up your mind to move to the next level of your future whether you feel like doing it or not!
GETTING STARTED
Setting up your own home business can be very rewarding, but there are demands involved. There is a great deal of romance surrounding the concept of being an entrepreneur who runs his or her business from home, but not everyone has the aptitude. And it is important for you to understand that there’s nothing wrong with not being the perfect entrepreneur provided you are opened to learning with the intention to implement what you’ve learnt.
You may have discovered, by now, that the following are some viable home businesses one can profit from with very low startup capital and little technical experience:
o Affiliate Marketing and Affiliate Promotion.
o Personal Assistant and Mailing List broker.
o Global Data Entry.
o Google Adsense.
o Data Transcriptions.
o Online Surveys and Typing.
o Web content, business plan or article writings, etc.
It’s not enough to just have a good, profitable idea: you also need to have or develop the right skills and personality to make the opportunity succeed. Before you proceed, it’s important to find out as much as you can about what sort of person you are. Endeavor to be honest and objective, and discuss this with friends, colleagues and relatives. Ponder over how you’ve dealt with past challenges, as an indication of your response to this demanding new situation.
ASSESSING YOUR APTITUDE
The following are, though, some general personality traits that are essential for entrepreneurs operating from home. If the list seems to fit your personality, you may have what it takes:
1. Are you persistent, with a great deal of drive and staying power: do you see problems as opportunities, possess a good intuitive sense and thrive on new ideas?
2. Do you tend to challenge the status qou, and want to be the leader of your own cause or business?
3. Are you positive, communicate well; enjoy working with people and for long hours?
4. Do you have a strong need to succeed, financially and otherwise?
5. Are you not easily discouraged, afraid to make mistakes; and to learn from them afterwards?
Before you quit your job and use your hard earned savings to start-up a home business, you owe it to yourself and family to be certain you’ve answered in the affirmative to above personality probing questions. Also try to speak with people operating the business from home already as they’ll be able to give you a no-holds-barred account of what day-to-day life is like as a home business owner.
FINALLY: COMMON MISTAKES
Assuming That Being Your Own Boss Is Easy
Everyone at some point desires to be his or her own boss but don’t assume that running your own business will be plain sailing. There are many benefits, to be sure, but you have to get used to the fact that the dough stops with you. Make sure you are ready to take on that responsibility – if the venture failed, would you be able to deal with it?
Doing It For The Wrong Motive
Don’t embark on running your home business for money alone. Though the reward of your value-rich service or product given to people who has need for it should earn you some cool dough but weigh the other pros and cons that your prospective business will have on all aspect of your life and possible that of your family’s.
It will take a whole lot of consistent effort, but the good news is that you can do it – read on to find out how in the next article. You are welcome to contact me if you need some help.
To Your Success.
Tuesday, August 17, 2010
Sunday, August 15, 2010
Core Values to Business Growth (2)
Recall that passion for what you do or your said business was the first core value highlighted in this secret to home and small business success. If you are yet to integrate that in your existing business or in choosing a business to startup, kindly do yourself a favor. Stop reading this publication now, revert to the previous series on passion as a core value and implement it appropriately. Should you require help, do not hesitate to reach me.
Come with me to this second very crucial core value or better put guiding standard to your business success.
[2] AMPLE AND GROWING MARKET
Just before you continue with your existing business or take the much awaited courageous leap into setting up a new one, pulse for a few hours and get this right, for any business to truly survive the present day economic recession it must be able to generate a steady and continuous positive cash-flow. In order words, your home or small business total monthly or quarterly sales must exceed its corresponding expenses.
Of course, you can achieve that from when you first opened your doors of business! The game is, you would need a steady growth of potential customers who are convinced and willing to order as well as pay in exchange for your passionate good or service.
The aged long application of the principle of barter in obtaining what they need still applies but just this time, they’ll be paying you for the reward of your goods or services in cash. Drum what you are about reading next into your entrepreneurial mindset. And that is, you could offer a wonderful product or service, run advertising campaign and develop all sorts of marketing tools and attractive sales programs to get your wares of the shelf for tons of cash flowing into your business account as you projected; unless there is a large and growing market for this value-rich wares of yours, sales will keep declining till frustration sets in. Well, that’s shouldn’t be your business lot. I have been through that way before; it’s a path to failure, loss, debt and pain. You don’t deserve such and that’s one good reason you might want to pay close attention to what I am sharing with you.
The very best way to attract and retain sales for a positive cash-flow in that business for which you are passionate and gifted at is to choose that for which there is a high people-demand with a potential for increase in the said demand for another three to five years.
Here is a very useful but quick checklist to X-ray that existing or new home cum small business idea of yours if it qualifies to pass the ‘ample and growing market test’ for business success:
Is your business product or service positioned to achieve one or more of the following?
1. Solve more people or societal problems.
2. Meet one principal need of those for which they are targeted at.
3. Satisfy some constructive desires or tastes of humanity.
Should your answer be ‘No’ to any of the above, you may need to take a second look at that business again before proceeding. Solving societal problems, meeting people needs and human tastes or desires make up the bulk of today’s successful businesses. Plug in with one, whether as a home or small business, but make sure your prime motive is first to GIVE value-rich services or goods towards meeting at least one of this innumerable needs of your target market.
When you’ve so done, wait and see how your income turns in with the rush of instant cash day-after-day.
To your success.
Wednesday, August 11, 2010
Core Values to Business Growth
The present day worldwide recession has resulted in hundreds of thousands of layoffs with many predicting that the layoffs will only continue in the coming years. Well the good news is that those who are or had just embraced home and small business ownership do not have to worry about these so called layoffs simple because they call the short in their businesses. Of course, tough times threaten the continuous existence of most startups and existing small or home businesses today. Reasons being, mainly, one or two of the results of the following: insufficient startup capital, low sales, high overheads, very minute gross margin, high competition or what have you. The worst that this could pose is INSOLVENCY – what The Law, Businesses and Accountants refer to as bankruptcy!
Insolvency has one principal known solution and the fact that it is known makes it an issue half solved, if you will agree with me. Generating a steady CASHFLOW is the solution. And trust me, you can achieve this in many ways but you will need to know the ‘what, when and how’ to go about implementing one or more of such many ways. This ability to know what to do, when it should be done and how best to go about doing it is often born from an intuitive creativity, innovation and persistence or energy. Without a continuous steady flow cum utilization of these three winning qualities of the world most successful Entrepreneurs like Bill Gates, Aliko Dangote, Richard Branson, Donald Trump, etc, a business facing the bankruptcy issue is bent on going under.
The unavoidable need for a steady flow of creativity, innovation and energy towards the success of a home and small business brings us to this very crucial point: core values to business growth. For the purpose of this publication we will be highlighting TWO principal values or standards you must integrate in your home and small business whether it’s been running or you are about to start.
Two Core Values to Integrate for your Business Success:
[1] PASSION
It is reportedly true that for you to succeed as an entrepreneur running your business either on home or small business scale, you have to choose something you love and are gifted at.
This is simple informed by the fact that people who work on things they are gifted at and or cultivate areas they’re passionate about naturally generate the energy, innovation and idea required to see such to fruition irrespective prevailing circumstances – the chief of which is the global economic recession or insolvency.
Interestingly though, businesses or enterprises that are thriving under the present global economic situations are those that had identified areas where they are capable of harnessing their creative and innovative prowess persistently to offer up value to more people in form of goods and services. Come to think of it, why were you excelling in one subject while in high school or college? I could be 100% correct in predicting your answer. It is correct for me and for several academically sound friends I had interviewed over this lately. It is my love for that particular subject and the tutor thereof.
Buddy, don’t spend your hard earned shoestring/raised capital and valuable time on any business for which you are yet sure of your passion for it. Sure-to-come associated challenges will frustrate your effort and resources and ultimately cause the business to hit the rock. That’s more like planning to fail but that you’ve read this publication to this point speaks otherwise of your intent – it connotes that you have a desire to bring that business to fruition. I will be glad to do all that I can to see that you succeed, even sooner than you may have envisaged.
Please follow through to the third part of this series: The second Core value to business growth.
To Your Success.
Insolvency has one principal known solution and the fact that it is known makes it an issue half solved, if you will agree with me. Generating a steady CASHFLOW is the solution. And trust me, you can achieve this in many ways but you will need to know the ‘what, when and how’ to go about implementing one or more of such many ways. This ability to know what to do, when it should be done and how best to go about doing it is often born from an intuitive creativity, innovation and persistence or energy. Without a continuous steady flow cum utilization of these three winning qualities of the world most successful Entrepreneurs like Bill Gates, Aliko Dangote, Richard Branson, Donald Trump, etc, a business facing the bankruptcy issue is bent on going under.
The unavoidable need for a steady flow of creativity, innovation and energy towards the success of a home and small business brings us to this very crucial point: core values to business growth. For the purpose of this publication we will be highlighting TWO principal values or standards you must integrate in your home and small business whether it’s been running or you are about to start.
Two Core Values to Integrate for your Business Success:
[1] PASSION
It is reportedly true that for you to succeed as an entrepreneur running your business either on home or small business scale, you have to choose something you love and are gifted at.
This is simple informed by the fact that people who work on things they are gifted at and or cultivate areas they’re passionate about naturally generate the energy, innovation and idea required to see such to fruition irrespective prevailing circumstances – the chief of which is the global economic recession or insolvency.
Interestingly though, businesses or enterprises that are thriving under the present global economic situations are those that had identified areas where they are capable of harnessing their creative and innovative prowess persistently to offer up value to more people in form of goods and services. Come to think of it, why were you excelling in one subject while in high school or college? I could be 100% correct in predicting your answer. It is correct for me and for several academically sound friends I had interviewed over this lately. It is my love for that particular subject and the tutor thereof.
Buddy, don’t spend your hard earned shoestring/raised capital and valuable time on any business for which you are yet sure of your passion for it. Sure-to-come associated challenges will frustrate your effort and resources and ultimately cause the business to hit the rock. That’s more like planning to fail but that you’ve read this publication to this point speaks otherwise of your intent – it connotes that you have a desire to bring that business to fruition. I will be glad to do all that I can to see that you succeed, even sooner than you may have envisaged.
Please follow through to the third part of this series: The second Core value to business growth.
To Your Success.
Tuesday, August 10, 2010
Introduction: home and small business success
For the last 5 years, we’ve been working on the “secret to home and small business success” while contractually, as a consultant, working at helping others build theirs. At several occasions I, privileged to head the team, have had to facilitate or honor invitations to speak on this subject matter at conferences, seminars and workshops. While, I have had the privilege to speak at countries like Liberia, Kenya, Southern Sudan and Nigeria in many occasions on how to take advantage of the “secret to home and small business success”, I became more and more assured that the internet will be a surer medium for a few million people to have assess thus benefit greatly from these pull of experience to their business success.
I lead a team that has opted to reach the global community with this ‘secret to home and small business successes’. We’ve developed a growing passion and expertise to deliver proven information to this fast-growing concern. If your desire had been how to make that business of yours, whether in its startup stage or running for some months now, to break past the survival level then you have come to the right place. Only fasten your belt and take ONE calculated LEAP upon going through this publication.
Like most business owners, you may’ve spent a lot of time turning your dream to passionate plans, effort and money to get where you are today. You've worked at creating a product or service of your dream. You've developed customers list and mapped out the market share you are bent on capturing in your well tailored Business Plan. You've established relationships with key dealers; outsource experts (or your own staff) and others who can help generate revenue for you. And while I am certain you will agree this present global economy is posing more than an average threat on businesses, there ARE just TWO concepts you’ll need to follow judiciously with the aforementioned in order to harness this success secret in your home or small business in matter of hours, days and weeks ahead.
I want to share these secrets with you... and help you turn your "intangible" assets and "unprofitable" areas of your business into a very much needed success, income or cash-flow... in the nearest possible time. And lets I forget, it’s in implementing this secret that the success truly abides, so be sure to put to work what you are about to learn and see how much increase you get in matter of weeks.
All you'll need for now is an open mind. So let's get started!
Please folow through for the second part of this series: core values to business growth.
To Your Success.
I lead a team that has opted to reach the global community with this ‘secret to home and small business successes’. We’ve developed a growing passion and expertise to deliver proven information to this fast-growing concern. If your desire had been how to make that business of yours, whether in its startup stage or running for some months now, to break past the survival level then you have come to the right place. Only fasten your belt and take ONE calculated LEAP upon going through this publication.
Like most business owners, you may’ve spent a lot of time turning your dream to passionate plans, effort and money to get where you are today. You've worked at creating a product or service of your dream. You've developed customers list and mapped out the market share you are bent on capturing in your well tailored Business Plan. You've established relationships with key dealers; outsource experts (or your own staff) and others who can help generate revenue for you. And while I am certain you will agree this present global economy is posing more than an average threat on businesses, there ARE just TWO concepts you’ll need to follow judiciously with the aforementioned in order to harness this success secret in your home or small business in matter of hours, days and weeks ahead.
I want to share these secrets with you... and help you turn your "intangible" assets and "unprofitable" areas of your business into a very much needed success, income or cash-flow... in the nearest possible time. And lets I forget, it’s in implementing this secret that the success truly abides, so be sure to put to work what you are about to learn and see how much increase you get in matter of weeks.
All you'll need for now is an open mind. So let's get started!
Please folow through for the second part of this series: core values to business growth.
To Your Success.
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