Archive for February, 2010
20 Powerful Business Tips You Must Bear In Mind If You Want To Build A Successful Business
What does it take to build a successful business? Every day, new business ventures are started all over the world, but we all know, 99% of all businesses started fail in the first ten years. Now if the hope and dream of every entrepreneur is to build a successful business and the failure rate of businesses is as high as 99%. Then what is the missing link?
As a seasoned entrepreneur and successful business owner, this statistics really got me thinking, so I decided to consult my mentors and they gave me the following business tips which I am going to share with you. Below are the business tips and advice:
1) Life is a journey, not a destination. So also is business, your objectives must keep moving. – Thomas.J.Burrell.
2) Individuals don’t win in business, teams do. – Sam Walton.
3) Success in Business is all about creating value. – Candice Carpenter
4) To build a successful business, you must first surmount the business challenges spiritually, for the spiritual controls the physical and no business has ever stood the test of time without the entrepreneurial spirit. – Ajaero Tony Martins.
5) A successful business is created before there is a business. – Rich Dad
6) Business is like oil, it will not mix with anything but business. – J.Paul. Getty
7) Courteous treatment will make a customer a walking advertisement. – J.C. Penny
Being an entrepreneur, I have come to realize that all successful businesses are powered by three fundamentals. One is the cashflow, two is the team and finally the mission. – Ajaero Tony Martins.
9) We have got to start grooming people to own businesses. That is only way to keep the money in the community and provide jobs for the people. – Spike Lee.
10) The bottom line is that business is going to change in the next ten years that it has in the last fifty years. – Bill.W.Gates.
11) Your competitor in business can be a good corporate leverage for your business or an unrelenting enemy out to see your extinction. It all depends on what you want them to be. – Ajaero Tony Martins
12) The ability to sell is the number one skill to build a successful business. – Rich Dad
13) Accounting is the language of business. – Warren Buffet.
14) Cashflow is the life blood of business – Ajaero Tony Martins
15) There are three necessities to putting a business deal together.One is finding the right opportunity, two is finding the right team and three is finding the money. – Anonymous
16) Starting a business is like jumping out of an airplane without a parachute. In mid air the entrepreneur begins building a parachute and hope it opens before hitting the ground. – Rich Dad.
17) In the business world, the rear view mirror is always clearer than the wind shield. – Warren Buffet.
18) Anybody can cut price, but it takes brain to produce a better article. – Philip.D.Armour
19) Advertising is the mouth piece of business. – James.R.Adams
20) Business is like a wheel barrow, nothing ever happens until you start pushing. – Robert Kiyosaki.
This is all I can share for now,by all means apply this business tips I have shared and I will see you at the top.
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Eliminate Hype and Start a Legitimate Online Business
If you want to start a legitimate online business, you must start by separating the facts from the hype. Commonsense will tell you that if it seems too good to be true, then it is. Why then do so many people “fall” for these claims? It is because these claims tug on our emotions, dreams, hopes and desires. They take advantage of the mystery of the internet; the fact that many people are just a bit in the dark as to how things “work” with an online business. On top of this, there is a pile of testimonials that support the claims of making a ton of money overnight. This additional element is what pushes people to suspend commonsense. People figure, “What do I have to lose? It is not that much money….and what if it really works?” The trouble is that this sort of thinking can lead to a string of purchases that really do not amount to much online progress but instead really start to add up dollar wise. People who go to weekend guru seminars really need to guard their wallets, because the hype is on maximum drive at these events. No doubt that the seminar attendee will pick up some valuable information. It is a well known sales tactic that giving away free information earns buyer trust and that it will encourage people to want more. This formula really works
This formula should be used by everyone with a product or service to sell; whether the business is online or offline. It is just that the emotions and the expectations are so out of whack with so many online plans that they seem to border on being schemes. Anyone who wants to establish a legitimate online business needs to guard against unrealistic expectations and develop a plan and timeframe for getting things done. Those who do this will remove themselves from the ranks of opportunity seekers and place themselves on the path of establishing a real online presence.
So, the first important step to developing a legitimate online business is to realize that it will take time and planning to establish an enduring online presence. A systematic approach that has proven methods will help your business be found online. There needs to be a commitment to sticking to a plan and discipline to follow these methods in a consistent fashion.
The second step is to understand what your particular strengths and interests are. This can help you identify an online business model that will be right for you. You must consider the way you expect to monetize your site. Will you sell goods or services, generate leads, have a membership site/subscription program or have a content site that sells advertising space? These models all generate money. Sometimes it is possible to overlap these models, but with a startup business in particular it is best to focus on just one.
Step three is to research your target market. You must know if there is a demand /interest for what you want to do. Are people buying in your selected market? If your target market is just information seekers consider that it may not be feasible to sell advertising (since your visitors would be already getting what they want from your content). There is an abundant supply of free resources that will clue you in to what people want. You can type in a keyword at Google trends to see what the interest in your topic is. The highest rated articles in any given category on Digg will give you ideas too.
Step four is to do thorough keyword research. This means that you find out the number of searches, the amount of competition for those keywords/keyword phrases and also if these are buying terms. If any of these three topics are not taken into consideration, your online business will be swimming up a raging river from the start. You can invest in all kinds of software to do your keyword research or you can make the decision to have experts do it for you. You really cannot afford to goof up here.
Step five is to select a domain name that has your keywords in it. This really is beneficial, so do the best you can.
Step six is to be smart about your website’s development. This means that you understand that your site really has two types of visitors; human and robots. It has to be user friendly to both of them. If the search engine spiders cannot make their way around your site; much of what you have done will be ignored. Your site must be code friendly and search engine optimized (SEO). Very often people think that it is enough to just place a list of keywords in the meta tags. Stuffing keywords is always a big mistake whether it is in your meta tags or on your web page. Good SEO is so much more than meta tags and meta descriptions. Great SEO is a full time job. When your keyword research is done right and you work consistently on SEO, your site will build an online presence. When this happens you will be found by search engines and human visitors.
When you build your website, you also need to build it for your human visitors. It needs to have a professional look (no spelling or grammatical errors and a polished look regardless of the style you choose) but it does not have to be fancy. It needs to deliver what your visitors expect for the search terms they used to find you. Your site needs to easy for people to navigate to find what they want. This will help you convert visitors to customers.
When this is done, you will need a way to measure and track your website’s visitors. This will give you the information you need to constantly make improvements and get the results that you want. Google analytics is free and is a great place to start.
These are the basic steps for creating a legitimate online business. It involves a lot of commitment in time, energy and money. Those who do it all themselves will be investing a lot of time in learning the details of what needs to be done. They will also need to spend a lot of time in order to get the SEO portion done right. People who do not have the time or interest in learning about all of this can just hire experts who will get it all done right in a timely fashion. It’s nice to know that affordable expertise is available (and cheaper than a lot of weekend seminars).
Make Money Online Scams – are There Real Opportunities Out There?
There use to be many make money online scams out there, and there still are some out there you should worry about. There are also alot of agencies dedicated to stopping these scams before they get out of control.
If you ask me 10 years ago there was nothing, but make money online scams, now I’m sure some people will beg to differ, but that is just the way things are.
Back in the day, so to speak there wasn’t really any laws to protect us from these make money online scams, now it is a very serious crime to spam or screw someone out of there money online.
It is pretty easy to spot a scam today, if you get an email from a royal prince in some country you never heard of, and there asking for your info so they can send you $25 million dollars to split, this should tip you off that this is a scam, some people do fall for this type of scam though
If you get an email saying you have won the foreign lottery, and all you have to do is pay $5,000 dollars to receive it, what does that tell you? SCAM!!!! Well or at least it should.
Those are two of the most popular make money online scams out there, and honestly any home business system or product I have reviewed, has never taught me how to rob people of their identities, or steal there bank account information, and if they did I definitely wouldn’t say they were good.
I am not willing to destroy my business, or my integrity over a couple bucks, and I hope you wouldn’t either. One of the key principles of a home business is help others first, and add as much value to your customer as you possibly can.
I and many others have built our businesses on this principle alone. Sure there are many other factors as well, but if you run your business based on these principles you will have a much better chance at success.
So are there any real opportunities to make money online. YES! There are many different ways to make money online, there is:
There are more ways to make money online, but these are the ways I have tried and have had success with. You will have to see which method you like best, and do what works out easiest for you.
Everybody is different, one person may love internet marketing another may hate it. Drop-shipping may earn one person thousands of dollars while another may struggle to, see a cent.
A lot my my friends make a nice living online, I was a bit skeptical at first, but that is only human nature I’m sure. Just try not to let a few scammers scare you out of following your dreams.