Do you know how most people become successful in a home based business? They invest in themselves! Education is one of the most important keys to have in any home based business. If you don’t invest in yourself by educating yourself, who will?Here’s some interesting statistics!· Did you know that only 3% of the population is financially independent? That means that 97% of the people never reach financial independence, they failed!· Did you know that 70% of all college kids won’t read non-fiction books when they graduate?· Did you know that 80% of the general population won’t read a book?· Did you know that only 3% of the American people have a library card?Do you think that there is a correlation between the 3% of library card users and the 3% of the people that have obtained financial independence?I believe that when you read you are absorbing good information, you are educating yourself. I also believe that when good things go into a person, good things come out of a person. Positive energy draws positive energy, isn’t that the Law of Attraction?When you surround yourself with positive people, aren’t you happier? Wouldn’t you like to be around people who are of like mind? So why not pick a home based business where you can choose the people you like to work with. Wouldn’t you like to be around the same kind of people who have the same mind set as you and want the same things as you?When you surround yourself with positive minded people you become healthier in mind and spirit. Did you know that happier people live longer lives?By educating yourself, you are investing in yourself! When you are looking for a home based business, invest in the time to educate yourself about the MLM industry. Learn about the company you are interested in, what their mission statement is, and what system they have in place to help you be successful. One of the biggest obstacles for a home based business is lead generation. See if the company has a marketing system to help you generate traffic to your business so that you can be successful.There is a saying that if you work hard you will make a living, but if you work hard on yourself you will make a fortune! A home based business takes hard work, focus, commitment, education, persistence, and devotion to succeed. It takes a few years to build up your business but once you put in all the hard work, you can enjoy the rest of your life with a residual income and no financial worries! Isn’t that what we all strive for, a lifestyle with no financial worries, to come and go as we please and do what we want?
Home Based Business Leads – Quick and Easy Ways to Get More Network Marketing Leads
Do you need home based business leads?The answer is of course you do. Every home business in existence needs them.But one of the things that holds most people back is knowing how to get these leads. It’s not as easy as most people presenting their opportunity will have you believe.The Lie About Home Business Leads…So here’s the thing. Leads are the lifeblood of your business. You need them, and without them you can kiss your chances of success goodbye. This is especially true in the beginning but nevertheless, knowing how to generate leads for your home business is the greatest thing that you can do right now.Why is that? I thought I wasn’t going to have to know marketing!Well that’s a lie that a lot of people will tell you when they’re trying to recruit you. They’ll tell you that you don’t need to know marketing, you don’t need to sell, and that it’s just as easy as telling your friend about a movie that you liked. They’ll automatically want to do it too. Sound familiar?This is what happens. A lot of new people who get into a home based business where they’re distributors for a certain company like Amway, or Monavie, or Agel come into the business under those false pretenses. By the time they realize it’s more difficult than that then they freak out and quit.How to Get Home Business Leads Over and Over AgainYou don’t have to give up though. You don’t have to up and quit. You can simply learn the techniques of getting leads for you business on command.Now a lot of people will tell you that the only thing that you have to do is hand out business cards, or fliers, or online just stick up a website and/or a blog with your phone number and people will start calling. Or worse, they tell you to use your companies mirror websites.None of this is true either. There’s much more to it than that. You do need a website, but you also need:
A way to capture prospects information,
A lead magnet to get them to give you their information
A way to email them automatically,
You need a steady stream of visitors to your site (because it’s literally a numbers game),
You need a way to close these peopleAre you starting to see why people give up? It all sounds like a ton of work just to get home based business leads. And it can be.The solution is to set up your system right in the first place. Set it up so that it will be automated. You can do this in about a week or two on your own, or faster with help.Then you need to get automated traffic from sources such as the search engines, article marketing, pay per click marketing, social marketing, etc. There are any number of ways. You pick a way to get the traffic to your home based business leads system and you stick to it, and then you move onto the next.
How to Find a Home Based Business That Works – Beware – 4 Critical Things to Watch Out For
Thousands of people every day go looking for a home based business that works and can free them financially from their pay check to pay check lifestyle. The unfortunate truth is that thousands of those thousands get burned. They sink their money into something that sounded great, but turns out to be something different. Or they were promised great support, and there ended up being none. How could this happen? Is it even possible to find a home based business that works anymore? Thankfully, the answer is yes. It’s very possible – provided you know that to look for. This article is designed to help the reader understand some critical things to watch out for if a person is looking to find a home based business that works. Learn to side step these hurdles and you can find the financial freedom you deserve.
Beware – Big Money Promises – the growth of this industry has led people to make more and more outrageous promises about the amount of money that can be earned. Yes, you can find a home based business that works, and can pay you extremely well. But we hear more and more stories of people who made hundreds of thousands, or even millions of dollars in 24-48 hours (I personally know people who have done this). Naturally, we get excited by the thought. Wow, imagine! But the truth is that these people have spent several years building a list of hundreds of thousands of people in their industry, and then made a single offering that brought them that pay day. Overnight successes they are not. Creating a great income is certainly possible, but beware of grossly inflated numbers.
Beware – Get Rich Quick Promises – Again, some internet marketers are advertising $1,000′s in your first week, and quick and easy pay days. But let’s be realistic here. Yes, the potential of the internet is amazing. But this is still a business. If you’re serious about creating a home based business that works and is sustainable, it will likely take more than a week to begin earning thousands of dollars a day. Again, the income potential is virtually limitless, which is one of the motivating factors behind finding a home based business that works. The determining factors will always be your drive, passion, and the actions you take. But having realistic expectations will help keep you from getting disappointed and discouraged.
Beware – Compensation Plans That Create the Illusion of Support – Many companies use compensation plans that give the illusion of support. They have your sponsor help you with your first two sales (for which they collect the entire commission) and then leave you to fend for yourself, since they will no longer benefit from your being successful. This provides the illusion of support early on, but doesn’t create a dynamic team atmosphere, where new member and sponsor are mutually interested in your success. The best companies have compensation plans that create win-win, mutually profitable scenarios that help new people create quick and lasting success.
Beware – Alarm Bells in Your Gut – Above all else, when you’re trying to find a home based business that works for you, you have to trust your intuition. If something just doesn’t seem right, it probably isn’t. Go with your gut.
Now it’s up to you. In your quest to find a home based business that works for you, will you be taken by slick sales people and their lofty promises? Or will you connect to something legitimate (probably also with amazing potential, but they don’t need to blow it out of proportion), a real home based business that works. Creating time and financial freedom for you and your family is more possible than most people realize. Be aware of these 4 critical factors to find a home based business that works for you. You deserve to be free.
Home Based Business Advantages – The Shocking Truths
Home based business advantages include personal freedom, being your own boss, no more commuting, keeping your own rewards and picking the times for working.This is just the tip of the iceberg of the many home based business advantages but if you are looking for personal freedom then a business based at home offers you the ideal solution. If you are running a enterprise from home you can pick and choose exactly when and where you want to work. You no longer have to worry about picking up the little ones from and kindergarten as you can stop working whenever you choose.Being your own boss would again throw up another long list of advantages, but when you’re your own boss you decide how much effort and time you are going to put into your business. Nobody’s looking over your shoulder or pushing you in this direction or that.No more commuting is a terrific advantage. The average worker would gain over 2 hours per day. How would use those 2 hours?. Having you own home based business gives you a terrific advantage. Just think no more stuck in a traffic jam or sitting in on a train for those 2 hours per day. You could be using that time constructively in your home base business.How would you like to keep all the rewards of the work that you put into your home enterprise. What a terrific advantage this is. The rewards you gain are equal to the effort you put in. No more breaking your back for your boss only to be rewarded with a pittance at the end of the month.The number one home base business advantages, especially for the stay at home mum is to be able to pick the times your work. No longer feeling guilty about having to leave your children with a child minder as you pick and choose exactly when you want to work.
Home Based Business Leads: How to Find New Customers?
Finding new home based business leads is sometimes ignored by some entrepreneurs. The reason for this is that they are too busy engaging in their day-to-day activities. As a result they no longer have time to build new customers. Just like any type of business, it will not survive if you do not look for new customers to patronize your products or services. Therefore, if you are looking for new clients and customers, you should spend significant amount of time marketing your business.Ways to find new customers and clients•Know your market. Do not just find home based business leads in any place. The product that you are offering may not be for everyone. Therefore, you should find a target market that allows you to gather new customers and clients to try your products and services.•Come up with a plan. Marketing needs strategy to become successful. Do not approach it without proper planning and carrying proper tools. Remember that new clients do not come to you if you do not disseminate information about what you are trying to offer. If you have an online business, you can look for new market by joining in a forum, commenting on a blog, and so on.•Create online presence. Even if your business does not offer products and services online, it is still recommended to have an online presence in order to gather new home based business leads. In this way, your business will be known, not just in your locality, but also to the whole world.•Ask your friends. Your family, friends and colleagues can also help you gather new clients and customers. They can refer other people to try out your services and products. To further encourage them to talk about your business to other people, you may offer them incentives like a trip to a spa or a discount when they choose to buy your product.•Analyze results. To find out if you have gathered significant number of home based business leads, you should have time to track results. This is to evaluate whether or not your marketing strategy is working. You should know which strategy allows you to obtain many clients. You should only use the one that offers the most efficient way to attract more customers.•Join a networking group. This allows you to meet new people and discuss your products and services. Networking is a great way to get home based business leads without having to spend a lot.Getting home based business leads is essential if you want your business to compete effectively.
Property Managment Vs Asset Management
One of the biggest mistakes I see apartment and commercial real estate investors make is leaving their investment property in complete control of their property manager. Even the best property management companies will not look at things like the owner.
I have seen this literally cost investors thousands of dollars in lost cash flow and property value, so it is definitely a mistake you want to avoid.
In this article I want to discuss the importance of being an Asset Manager, rather than a Property Manager. First, let’s define these two terms:
Asset Manager
Focus is on maximizing return and property value for the investor(s).
Property Manager
Focus is on day-to-day management activities for a property.
“Think Like a CEO…”
If you want to maximize your returns as an investor, you must think like a CEO, and not a property manager. Your focus should be continually on how to maximize the return from a property and increase value.
I see a lot of investors that lose track of this, and leave things up to their property manager, thinking that is their job. It is not.
Here are the things you should be focused on as an Asset Manager:
1) Increasing Income
2) Reducing Expenses
3) Improving Property Value
4) In short, maximizing returns and property value.
Continually ask yourself questions, such as:
- How can we increase rents? Are all of our rents at market levels? Can we charge higher rent for preferred units, such as near a pool?
- Can we reduce our property taxes by protesting the assessed value? Can we reduce our insurance expense by changing companies? How can we reduce every single line item expense – even by a small percentage?
- How can we increase the value of the property? What improvements would maximize value?
None of these activities should be done at the cost of deferring maintenance or reducing the property value over time. As the CEO of your investment you need to see the big picture – whether it is a duplex or several hundred units.
Your property manager, on the other hand should focus on the day-to-day property operations to keep things running smoothly, such as:
1) Property Maintenance
2) Marketing and Rental of Units
3) Collecting Rents and Paying Bills
4) Enforcing Property Rules and Procedures
Good property managers will also perform activities that could be considered asset management, such as performing regular checks to verify market rents are maximized, testing marketing results, and finding ways to reduce expenses.
However, I would caution against leaving everything up to your property manager, because ultimately, it is your responsibility to increase your returns and property value.
Real Estate Law and An Attorney to Guide You
Attorneys that specialize in real estate law will document and go over property transactions such as purchases, leases, appraisals and inspections. They may also assist in resolving any insurance and environmental issues. When something happens with a transaction, these lawyers go to court to defend property owners that are involved in lawsuits.
One of the main things a lawyer will do is to draft documents that in adherence with real estate law. They put together purchase contracts, conveyance transactions, financing agreements and leases and rental agreements. It is important to understand that property agents may help their client to fill out these types of paperwork but only a licensed attorney who is experienced with real estate law can draft and revise the documents.
Attorneys that are experienced with various types of property transactions know that it is not uncommon for clients to request that their help to negotiate terms and conditions of various deals. This normally involves working alongside other attorneys, brokers, developers and investors.
There are some lawyers that only deal with reviewing and giving advice on real estate transactions. In this case, the clients will negotiate their own transactions as well as sign the contract and at that point they will request the lawyer look over the deal and give them advice about it. What this entails is that the attorney will look at the legal title issues as well as any environmental issues and any reports, contracts or other documents that are involved in the deal. The reason that clients will turn to a lawyer for this type of advice is that these types of lawyers have the training to notice an issue that their client may not recognize.
Many times real estate deals do not go as planned and when this happens the courts are usually involved in a lawsuit. This is where attorneys and their experience comes into play. The attorney will put together the legal pleadings to file with the judge, file appeals as needed, bargain with the legal counsel on the opposite side to try and work out a settlement deal as well as participate in the necessary hearings and court proceedings.
Most attorneys in this field are trained in mortgage and trust foreclosures. These attorneys are often needed during tough economic times. There are some attorneys that will represent the lender and others that represent the borrower. The ones that represent the lender will help the lender understand the foreclosure process. The ones that represent the borrower will look for mistakes that have been made in the foreclosure process and will also negotiate with the lender to come up with a settlement so that they can stop the foreclosure from going forward.
Real estate attorneys play an important role in handling real estate law. They have many duties and responsibilities when it comes to brokering various deals. It is important to understand that different property attorneys will charge various rates. Some lawyers will have a set price that will cover everything that is needed for your case or they will have a per hour rate that they will charge to work on your case.
How To Succeed At Online Product Creation The Easy Way
Product creation could be a frightening subject for a lot of Internet marketers to face. Some folks who get in the game with the intention of making a full time income are completely ignorant as to how an online business operates. One of the most profitable ways to create online cash is by creating a product that others are happy to pay for.
Product creation is legitimate method of generating money through internet marketing but many entrepreneurs get it wrong. They start by imitating their Internet marketing gurus by creating information products on Internet marketing in hopes of getting rich the way their heroes did. The problem is that they usually don’t know what they are doing and enter a highly competitive niche with very little marketing experience or connections.
Here are a few tips for effective product creation that may help you get on the right track:
Start by finding a profitable niche with low to moderate competition. If you conduct some rudimentary market research and keyword research, you’ll find many opportunities in areas that will surprise you. Amazon and eBay are two great places to brainstorm for product ideas.
Developing Your Product does not have to be a difficult project. You can find experts in the right field for your niche and pay them to write the material while an artist designs the packaging and website or blog. You can outsource the entire product creation part of the project after you conduct the research and testing to ensure profitability.
Sales and marketing strategies should be created while developing the product and learning about the market. Some experienced marketers use pay per click to drive traffic to their offer page; some folks outsource the entire marketing campaign to affiliates through ClickBank or other affiliate programs.
Product creation does not need to be hard, particularly when the merchandise is electronic. E-books, videos, audio and multi-media products sell very well. They are distributed immediately to customers electronically. Once you have a good feel for a niche market, try to service your customers with associated products and upgrades. If you want to earn money online through product creation, you must understand supply and demand. The majority of new online marketers fail miserably because they go after highly competitive markets or forget to research their chosen niche properly. You have to create your products according to the needs, wants and desires of the prospective customers.
Information Product Creation: Never Compete on Price Because There Is Only One You
Information product creation requires extensive preparation, no matter which niche you work within and you want to make sure that your information product has a successful launch. That probably sounds scary and intimidating but here’s the thing: this is a one time effort and it will pay off in a foundation that is strong enough to get your ideal clients to invest in your high-end programs and services without the perils of a traditional funnel. This article will teach you a few of the things that you need to remember if you’d like to invest in yourself and start on the information product creation path using your unique talents and abilities. Remember that you never have to worry about anyone ripping off your ideas because if you understand how to properly position yourself around your story.
Understand Both Strengths and Weaknesses: It is good to have an impartial view of your own strengths and weaknesses when lay the foundation of selling yourself within the information product creation process. It helps you figure out where you are, what you lack and how to move forward so that you get as much growth as possible. It is more than important, it is urgent if you want to create fast success for yourself to have personal positive reinforcement and deep belief to provide yourself the support you need so that you can get over your own limitations to ensure that your information product is as valuable as it can be.
You also need to know exactly who your competition is so you can study them and use their methods to help you improve your own standings. Down recreate the wheel, but understand the wheel and position yourself going uphill from the competition. Check out which kinds of opportunities you’ve already got and try to figure out how best to use them while taking care to remember your strengths and weaknesses. This is a great way to figure out where you stand against your competition which helps you figure out how best to grow.
Launch on Time: No matter what, even if you haven’t officially announced your “launch date” you should launch the site when you’ve said you would. This will force you to stick to your goal and actually work on it. Thinking that “I’ll launch it when I think it’s ready to launch” will only hinder your efforts. You’ve got a responsibility that you need to live up to with your launch, and you can’t move back on that one. If you get close to your launch date and you are getting hung up on your self limiting beliefs in your information product creation, don’t worry this about getting it out there and not perfection. As long as it is usable you should launch it. Launching on time is the professional thing to do and it is more important than creating a “wow” effect in your site visitors. You can always update/upgrade your website when you have to, so there shouldn’t be any issue with that.
Analyze Your Own Concept: If you want to make your information product creation successful you need to understand how good your concept is: is it really going to work for your chosen audience or would something else be better? You already know about your competition; how does your concept measure up? If you haven’t come up with your own idea and are trying to work with someone else’s concept, do some more work on your own before your launch. People want original ideas because they’ve seen too many other me-too websites already.
Test Your Concept Before You Commit To The Information Product Creation Process: One of the biggest failures people have with information product creation is not testing an idea before putting a lot of effort into producing an information product. PPC to a small 5 page site with a landing page is a great way to test an offer before you even produce it. If people will sign up to get it, you can be sure that you can create an information product that will target eliminating the pain of your target market. The small amount of money will be invaluable in using crowd sourcing to direct the final outline of the information product creation process.
You’ll have lots of hurdles to clear after the launch of your information product and the only way to truly take care of them is to follow the advice in this article to work smarter. Plenty of people work hard, but it is the ones who work smarter who make real money online with the information product creation business model.
Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up
One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.
However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.
Your product creation system should do this for you if only to help you to understand the overall task.
But why?
In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!
So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)
The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.
Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.
Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.
By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.
You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.