If you're like most people, it's hard to make ends meet with just one income. If you are married, both partners must work, spending countless thousands of dollars on childcare and business clothes. To offset their monetary deficit, many people are looking into getting started in their own home business. Both full-time and part-time home businesses can be operated from the comfort of your own home.Some people are making extra money to pay for...more
What is required to be successful in your home business? Before we can answer, you must understand what "success" means and what common characteristics successful people have. If you are reading this article, you probably want to be successful and possess a strong sense of perseverance which will pay off in achieving your dreams. The truth is that only a small percentage of people will ever achieve their full potential, and those who do are the...more
You may operate a home business selling services or products, but no matter which kind of business you're in, there's always a question in the back of your mind: will my home business succeed or fail, or do I have the motivation it takes to keep it afloat? Whichever type of home business you have, it's important that you know ways that you can keep your business going during slack times and/or economic downturns. If cash flow is a problem in your business, you should be sure to make certain that your money management techniques are on target and well refined.Some of the things you can do to make sure your business will survive in the 21st century is to avoid impulse expenditures. There are many reasons for impulse spending, even as it applies to business. We may fall under the persuasive spell of a salesperson who has talked us into buying things we don't need. Maybe we simply made impulsive purchases because we had a little extra money, or perhaps to keep up the appearance of prosperity. Then you realize a few days later that you've committed some of your business funds to products or services that are not necessary for the success of your business."It is not because things are...more
Most of us overcomplicate things. Selling is pretty simple. True we need systems in place, support materials and a contact manager, but when all is said and done what stops us from selling is usually in our head, not in our office. There are 4 actions when taken everyday for 10 working days with unswerving commitment will increase your sales and...more
You know, this would be a great business if it weren't for having to deal with people all the timeĀ OK, so maybe I've exaggerated things a bit, but we've all certainly heard that saying before. Why does that sentiment ring true for so many folks? Obviously it's because of all the people challenges we're presented with in our business. Virtually...more
Most one-person businesses don't flounder because their products or services are below par. They struggle because their owner's lack of business skills or business practices gets in the way of being profitable.Are you making these big mistakes?1. You don't tell people what you do in a way that helps them buy. People buy when they understand what they get, what problem you'll solve for them, how you'll stop their pain, or increase their pleasure. Focusing on what you'll do, where you went to school, what steps you'll take, how hard you'll work for them, won't get you sales. Letting them know what pain you'll take away, what pleasure you'll bring, how they'll feel better, be better, when you're finished will go much further in getting to yes. Sell the sizzle, what your prospect can see, feel, and experience, not the steak, the steps you'll go through, how long you trained, the effort you'll put in. Your bottom line will thank you...and so will your satisfied customers and clients.2. You don't know your leads to sales ratio...so you consistently miss making the money you want and need to make. Knowing your ratio helps you understand what you need to do to get more sales.Your marketing...more
How You Can Make Advertising Pay Big Dividends (source: www.chetholmes.com)McGraw Hill once commissioned an extensive study to determine what marketing weapons make a company famous in it's market or community. The study went on to show that...more
When it comes to investing, leave your emotions out of it. When it comes to many areas of your life you can rely on your emotions and instincts or gut feelings. But when it comes to investing in the stock market this is a big mistake. Not many people...more
Synergy: {n} The working together of two things to produce an effect greater than the sum of their individual effects.Most businesses operate on two distinct levels: Human Systems - Those systems that are concerned with or operated by people. Process...more
There's more than a few ways to get your name in the news. Extravagant claims, incredible altruism, unique twists on old themes. But even the best laid plans of a top-notch publicity effort can be sabotaged by any of the following 10 deadly mistakes...more
Debt is a problem that is ever increasing in our society today. Offers for credit cards coming in the mail is happening more and more often, interest rates are appearing low, and borrowing money seems like the "smart" thing to do at times. However,...more
Small business success is very similar to learning to walk, talk and spell. The basics have to be understood before moving on to the next step. I am blessed to have twin 2 year old girls in my life and am amazed constantly how much I learn from...more