Financial freedom can only be recognized with hard work, innovation, and a popular - but reliable - product or service. But with an Internet business, these three often get clouded with having almost too many opportunities. You can easily get discouraged when researching the overwhelming number of business venues that are available online. But with e-books, many small business owners are discovering financial freedom while offering long-lasting products of value.
E-books are electronic books that might contain graphics, photos, sound, and content relating to any subject. They can also contain links to various web pages for promotions or illustrations. It's very inexpensive to create an e-book, but yet people enjoy reading them every day. E-books are popular online because they are usually inexpensive or free and offer advice and tips on a variety of subjects. The subjects can be anything from "how to earn money online" to "how to start a home business." E-books may also cover more specific subjects such as "how to make money with a crafts business" or "cross-stitching tips for the beginner." The possibilities for e-book subjects are unlimited.
E-book Home Business Facts
Starting an e-book business means you are offering e-books for sale online to a specific target audience. You might sell only one or a few e-books, or you might even sell hundreds of them. The choice is yours, but of course, the more e-books you offer, the more chances you'll have to earn a lucrative income.
Here's how it works. You'll promote your e-books using various techniques such as an e-mail newsletter (e-zine), search engine promotions, paid ads, and other methods. Customers will visit your website to read your presentation. When they purchase one of your e-books, they will download it directly from your website or from an e-mail. You can even automate the entire process to make things easier on you and the customer.
The reason e-books are so successful for gaining financial freedom is because once they're created, you don't have to do anything except promote them. You can create an automated cash system that works 24 hours a day, 7 days a week. E-books can be sold and downloaded by your customers while you sleep!
Resell E-books to Earn Money
If you don't want to write your own e-books, you can also create a cash system and enjoy financial freedom by reselling e-books that others have written. With this type of home business, you will purchase rights to various e-books, sometimes hundreds of them, and resell them as your own products. Keep in mind that other companies will likely be selling these titles as well. But the Internet is so big, there's plenty of room for everyone!
Some companies provide business opportunities in which you'll receive a number of benefits along with hundreds of e-books to resell. These opportunities may cost a little up front, but are definitely worth the investment for starting your own home business. The e-book products alone can generate a very healthy cash system for years to come.
As with any home business, selling e-books will take some time to build and promote. But once the ball's rolling, you'll enjoy financial freedom and success like never before!
Showing posts with label financial freedom. Show all posts
Showing posts with label financial freedom. Show all posts
Monday, November 22, 2010
Friday, July 16, 2010
10 Tips to Succeed in Your Legitimate Home Business
Virtually everyone would jump at the chance to start a legitimate home business so they could work at home and attain financial freedom. But not everyone has what it takes to transform a home business opportunity into financial success. Here are ten tips that will help you achieve your personal and financial goals through running your own legitimate home business.
1. Secure your start-up funds. Any successful business owner will tell you that you need to invest money in your business in order to make money. A home business is no exception. Expect to spend a maximum of $5,000 for a legitimate home business opportunity. If the opportunity is sound, you should be able to get back your initial investment within a matter of days or weeks, but you do need that initial investment.
2. Get high-speed Internet. If you don't already have DSL or a broadband Internet connection, you should have it installed. The best home business opportunities are Internet based, so you need reliable and speedy Internet access.
3. Find the right opportunity. Like every other person, you have a unique set of strengths and weaknesses. Find a legitimate home business that draws on your strengths. If you aren't a salesperson, for example, stick with a home business that doesn't require you to make cold calls.
4. Get support. Launching your own business can be a daunting prospect, so be sure that you have the support you need. Look to family members and friends for encouragement, and look to the company with which you affiliate to provide you with a sense of community.
5. Take advantage of available resources. Unless you are a seasoned entrepreneur, you probably aren't aware of the nuances of running a business. The home business opportunity you choose should have a number of resources available to you, so take advantage of them. These resources might include a back office set-up, daily or weekly conference calls, and online tutorials.
6. Key in on marketing. The success of any business, whether a brick-and-mortar store or an Internet-based business, is marketing. The bottom line is, if people don't know about your business, you'll never turn a profit. Take full advantage of the marketing tools and advice that you're provided.
7. Set up a wok schedule. The wonderful thing about being able to work at home is the flexibility that comes with it. However, setting your own work hours doesn't mean that you don't have to work. It's helpful - particularly when you're starting out, to schedule your work hours as though you were going in to a "regular job." In doing this, you'll ensure that you put in the time necessary to make your business succeed.
8. Minimize any distractions. If you've never worked from home before, it's easy to divert your attention from the task at hand. While you're working, close the doors of your home office, turn down the ringer on your home phone, and vow not to check your personal email. Forget the laundry and the errands, and concentrate on your business.
9. Keep good records. It may not seem important know, but come tax time, you'll need financial records of all of the expenses and income associated with your home business opportunity. Some people use a spreadsheet, while others use special accounting software. Either way, keep track of everything, and keep your receipts.
10. Have fun! Having the knowledge that you're working toward your financial freedom while being able to work at home in a legitimate home business is incredibly rewarding. Always keep your goals in mind, and have fun creating a stable future for you and your family.
1. Secure your start-up funds. Any successful business owner will tell you that you need to invest money in your business in order to make money. A home business is no exception. Expect to spend a maximum of $5,000 for a legitimate home business opportunity. If the opportunity is sound, you should be able to get back your initial investment within a matter of days or weeks, but you do need that initial investment.
2. Get high-speed Internet. If you don't already have DSL or a broadband Internet connection, you should have it installed. The best home business opportunities are Internet based, so you need reliable and speedy Internet access.
3. Find the right opportunity. Like every other person, you have a unique set of strengths and weaknesses. Find a legitimate home business that draws on your strengths. If you aren't a salesperson, for example, stick with a home business that doesn't require you to make cold calls.
4. Get support. Launching your own business can be a daunting prospect, so be sure that you have the support you need. Look to family members and friends for encouragement, and look to the company with which you affiliate to provide you with a sense of community.
5. Take advantage of available resources. Unless you are a seasoned entrepreneur, you probably aren't aware of the nuances of running a business. The home business opportunity you choose should have a number of resources available to you, so take advantage of them. These resources might include a back office set-up, daily or weekly conference calls, and online tutorials.
6. Key in on marketing. The success of any business, whether a brick-and-mortar store or an Internet-based business, is marketing. The bottom line is, if people don't know about your business, you'll never turn a profit. Take full advantage of the marketing tools and advice that you're provided.
7. Set up a wok schedule. The wonderful thing about being able to work at home is the flexibility that comes with it. However, setting your own work hours doesn't mean that you don't have to work. It's helpful - particularly when you're starting out, to schedule your work hours as though you were going in to a "regular job." In doing this, you'll ensure that you put in the time necessary to make your business succeed.
8. Minimize any distractions. If you've never worked from home before, it's easy to divert your attention from the task at hand. While you're working, close the doors of your home office, turn down the ringer on your home phone, and vow not to check your personal email. Forget the laundry and the errands, and concentrate on your business.
9. Keep good records. It may not seem important know, but come tax time, you'll need financial records of all of the expenses and income associated with your home business opportunity. Some people use a spreadsheet, while others use special accounting software. Either way, keep track of everything, and keep your receipts.
10. Have fun! Having the knowledge that you're working toward your financial freedom while being able to work at home in a legitimate home business is incredibly rewarding. Always keep your goals in mind, and have fun creating a stable future for you and your family.
Wednesday, July 14, 2010
FADING GIANTS---The Tendency for Recognized Leaders to “Lose It” as Mega Builders
Copyright 2006 Dr. Eileen Silva
It was a rare moment in networking history: four people with high MLM visibility sat together around one table. One was the man who revolutionized the diet industry, exploding his company to over 300 million within 4 years of its launch and building dozens of million-dollar earners in his 30-year tenure in the MLM industry.
On his left was another legend of MLM--- heir to one of the largest MLM fortunes to ever be amassed and owner of the company that was, arguably, the most charismatic and wealthy meteoric-rise-to-riches ever to hit our industry. My husband, Taylor Hegan, and I, who have made in excess of three million dollars the last few years, as well as creating over a dozen other millionaires in the last decade, rounded out the circle.
When the subject of industry leaders’ ability to repeat their successes as they move from one company to another came up, we collectively decided that very few “big” leaders are able to change companies and repeat their track records.
Perhaps the most compelling reason for this is the nature of the dream we sell: “Build an empire that you can manage from the beaches of the world.” “Create financial freedom, which gives you the time freedom to spend with your family and your hobbies.”
We, who have actively helped mold the industry for the last three decades, have noticed that those who hit the big incomes seldom continue to build and work the business aggressively from a recruitment and growth emphasis after their checks surpass $20,000 a month. In light of that sabotage phenomena, I thought it would be useful to offer up some guidelines to help you avoid becoming a statistic once you hit it big!
I suggest that you: 1. Hire a staff to help you run your business like a business; 2. Never abandon doing the leadership steps that got you there. These include: retailing, advertising, sponsoring, mentoring, training, personal development work, leadership management, daily communication, and event planning. With the current trend in compensation payouts and telecommunication systems, as well as recruiting systems, distributors tend to develop their loyalty to their products and company. One of the biggest money earners of all time recently made this interesting statement: “If I wanted to leave my company today (after more than a decade and $35 million commissions earned), I wouldn’t be able to move people with me. They are all so product-bonded that it’s not about me, or the lure of an opportunity; it’s about the results they are creating through retailing systems and new recruiting systems.”
In your less successful days I would encourage you to sponsor your weakness --- in other words--- if you don’t like doing mail order, I would encourage you to sponsor someone who did. As you progress up the ladder of success with MLM, let me implore you to hire your weaknesses--- so that within your immediate direction, your office continues to execute all the necessary phases of the business.
Let me also suggest that at the very least you plug back in 10% of your income toward business expenses…. and quite possibly it would be appropriate to invest considerably more than that. Taylor and I spend many thousands per month on expenses, but as he is quick to point out that we have steadily amassed a fortune in the face of this expanded tab.
If you want to avoid becoming a fading giant, you must continuously assess your business developments and surround yourself with a mastermind group that will stimulate you to be the best you can be. Remember: the true great leaders of MLM are not necessarily the biggest earners; they are the most well- rounded performers with industry staying power. Make sure, as you take your career to the superstar level, that you remember the importance of continuing to execute the tasks that originally got you there! You will then be, as multi-millionaire, Charles Givens, has always said, “Ten feet tall and bulletproof.”
It was a rare moment in networking history: four people with high MLM visibility sat together around one table. One was the man who revolutionized the diet industry, exploding his company to over 300 million within 4 years of its launch and building dozens of million-dollar earners in his 30-year tenure in the MLM industry.
On his left was another legend of MLM--- heir to one of the largest MLM fortunes to ever be amassed and owner of the company that was, arguably, the most charismatic and wealthy meteoric-rise-to-riches ever to hit our industry. My husband, Taylor Hegan, and I, who have made in excess of three million dollars the last few years, as well as creating over a dozen other millionaires in the last decade, rounded out the circle.
When the subject of industry leaders’ ability to repeat their successes as they move from one company to another came up, we collectively decided that very few “big” leaders are able to change companies and repeat their track records.
Perhaps the most compelling reason for this is the nature of the dream we sell: “Build an empire that you can manage from the beaches of the world.” “Create financial freedom, which gives you the time freedom to spend with your family and your hobbies.”
We, who have actively helped mold the industry for the last three decades, have noticed that those who hit the big incomes seldom continue to build and work the business aggressively from a recruitment and growth emphasis after their checks surpass $20,000 a month. In light of that sabotage phenomena, I thought it would be useful to offer up some guidelines to help you avoid becoming a statistic once you hit it big!
I suggest that you: 1. Hire a staff to help you run your business like a business; 2. Never abandon doing the leadership steps that got you there. These include: retailing, advertising, sponsoring, mentoring, training, personal development work, leadership management, daily communication, and event planning. With the current trend in compensation payouts and telecommunication systems, as well as recruiting systems, distributors tend to develop their loyalty to their products and company. One of the biggest money earners of all time recently made this interesting statement: “If I wanted to leave my company today (after more than a decade and $35 million commissions earned), I wouldn’t be able to move people with me. They are all so product-bonded that it’s not about me, or the lure of an opportunity; it’s about the results they are creating through retailing systems and new recruiting systems.”
In your less successful days I would encourage you to sponsor your weakness --- in other words--- if you don’t like doing mail order, I would encourage you to sponsor someone who did. As you progress up the ladder of success with MLM, let me implore you to hire your weaknesses--- so that within your immediate direction, your office continues to execute all the necessary phases of the business.
Let me also suggest that at the very least you plug back in 10% of your income toward business expenses…. and quite possibly it would be appropriate to invest considerably more than that. Taylor and I spend many thousands per month on expenses, but as he is quick to point out that we have steadily amassed a fortune in the face of this expanded tab.
If you want to avoid becoming a fading giant, you must continuously assess your business developments and surround yourself with a mastermind group that will stimulate you to be the best you can be. Remember: the true great leaders of MLM are not necessarily the biggest earners; they are the most well- rounded performers with industry staying power. Make sure, as you take your career to the superstar level, that you remember the importance of continuing to execute the tasks that originally got you there! You will then be, as multi-millionaire, Charles Givens, has always said, “Ten feet tall and bulletproof.”
Saturday, January 30, 2010
5 Crucial Home Business Tips to Realize Financial Freedom
Starting your home business is the easy part, but realizing your long-term goal of financial freedom takes much effort and dedication. There are many ways to operate a home business, but the tips below outline some solid principals you should follow to earn a steady income from home no matter what your home business.
1. Set Goals for Success
Setting goals will help you stay focused on what you want to accomplish within your home business. Start with long-term goals for where you would like to be financially five, ten, even fifteen years from now. Next, create short-term goals for daily, weekly, and monthly achievements. To attain financial freedom is a great long-term general goal, but it will take many small goals to reach this level. You'll need to set small goals to create a steady cash system. A home business will go nowhere without goals, so take this step before starting any other tasks.
2. Create a Pleasant, Professional Home Office
Evaluate your home business workspace. Do you work in a corner of your bedroom with a desk and computer? Is your office usually the kitchen table between meals? Do you try to work in the living area while the rest of your family enjoys conversation or entertainment? If you answered "yes" to any of these questions, you'll probably need to make some changes.
Create an office space that is for work only. Even if it's in the corner of another room, block its view with office sectional walls or some type of barrier wall to give a sense of privacy. An office should be just an "office" and nothing else. When you arrive at your office, you're ready for work. When you leave the office space, the workday is over.
3. Get Organized
Once you have a defined work area for your home business, fill it with supplies and tools to make work easier and more efficient. Choose a desk and chair for comfort as well as back, neck, and arm support. Desks with shelves and cabinets can make organizing your office a cinch, especially if you have limited office space. Also, keep a daily to-do list, calendar, and schedule book to prioritize tasks.
4. Stay on Schedule
When you work at home, it's easy to get off schedule because of interruptions or the temptation to take time off for leisure activities. Keep in mind that every moment wasted today usually means more work the next day. Eventually, you'll be working around the clock and never seem to accomplish anything. For home business success, keep a steadfast work routine daily and set a work schedule you can stick with every day. Develop a mentality that every job is actually a pay-by-the-hour job. Every hour spent working will help you make money and gain financial freedom.
5. Separate Business from Personal Tasks
Once you set a schedule, stick to it. Don't allow personal tasks to get in the way of work. These can be anything from cleaning the house to visits from friends or relatives to watching television. Take breaks from your computer, but try to avoid getting involved in personal tasks during your breaks. Many women confess to washing dishes, ironing clothes, vacuuming, and other personal tasks while on break from their home business. Personal tasks can cause your mind to be off-focus, and it will be difficult to return to a regular work routine afterward.
Find other things to do during breaks that won't take your mind too far away from work. Take a 15-minute walk. Sit and read a self-help book related to your business. Or, take a quick snack break, with a healthy snack of course!
Once you take these steps, you're ready to enjoy a steady cash system at home that works. You can earn money doing what you love most, and your home business can soar to heights never imagined if you stick with these basic principals. Get ready for a bumpy road, but also look for the financial freedom that awaits you just over the horizon!
1. Set Goals for Success
Setting goals will help you stay focused on what you want to accomplish within your home business. Start with long-term goals for where you would like to be financially five, ten, even fifteen years from now. Next, create short-term goals for daily, weekly, and monthly achievements. To attain financial freedom is a great long-term general goal, but it will take many small goals to reach this level. You'll need to set small goals to create a steady cash system. A home business will go nowhere without goals, so take this step before starting any other tasks.
2. Create a Pleasant, Professional Home Office
Evaluate your home business workspace. Do you work in a corner of your bedroom with a desk and computer? Is your office usually the kitchen table between meals? Do you try to work in the living area while the rest of your family enjoys conversation or entertainment? If you answered "yes" to any of these questions, you'll probably need to make some changes.
Create an office space that is for work only. Even if it's in the corner of another room, block its view with office sectional walls or some type of barrier wall to give a sense of privacy. An office should be just an "office" and nothing else. When you arrive at your office, you're ready for work. When you leave the office space, the workday is over.
3. Get Organized
Once you have a defined work area for your home business, fill it with supplies and tools to make work easier and more efficient. Choose a desk and chair for comfort as well as back, neck, and arm support. Desks with shelves and cabinets can make organizing your office a cinch, especially if you have limited office space. Also, keep a daily to-do list, calendar, and schedule book to prioritize tasks.
4. Stay on Schedule
When you work at home, it's easy to get off schedule because of interruptions or the temptation to take time off for leisure activities. Keep in mind that every moment wasted today usually means more work the next day. Eventually, you'll be working around the clock and never seem to accomplish anything. For home business success, keep a steadfast work routine daily and set a work schedule you can stick with every day. Develop a mentality that every job is actually a pay-by-the-hour job. Every hour spent working will help you make money and gain financial freedom.
5. Separate Business from Personal Tasks
Once you set a schedule, stick to it. Don't allow personal tasks to get in the way of work. These can be anything from cleaning the house to visits from friends or relatives to watching television. Take breaks from your computer, but try to avoid getting involved in personal tasks during your breaks. Many women confess to washing dishes, ironing clothes, vacuuming, and other personal tasks while on break from their home business. Personal tasks can cause your mind to be off-focus, and it will be difficult to return to a regular work routine afterward.
Find other things to do during breaks that won't take your mind too far away from work. Take a 15-minute walk. Sit and read a self-help book related to your business. Or, take a quick snack break, with a healthy snack of course!
Once you take these steps, you're ready to enjoy a steady cash system at home that works. You can earn money doing what you love most, and your home business can soar to heights never imagined if you stick with these basic principals. Get ready for a bumpy road, but also look for the financial freedom that awaits you just over the horizon!
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