Thursday, January 31, 2008
Recession Proof Your Online Business
Ok, unless you live under a rock and get you news by carrier pigeon, most people know the USA currently teeters on the brink of recession.
Though I maintain my own opinions about what this will actually mean to the average person, there's no denying that the economy may slow down and sales may slack off a bit.
So, in order to prevent this possible downshift in the economic engine from affecting you, I offer the following advice to help recession-proof your online business.
*See It To Believe It*
No matter what you sell, you can use video to demonstrate either what you sell or the results customers should expect.
Product, service, software - it doesn't matter. You can either use full motion video or screen capture video to "show and tell" people why and how your offering helps them.
In a down economy people try to make every dollar count. Thus, consumers will spend more time on research and comparison before buying just about everything.
Use video to set your business apart as every online playing field gets more competitive.
*ASK What They Want*
Ask the people who buy from you, or are considering buying from you, what they want most right now - then figure out a way to sell it to them!
Too many online businesses assume they know what their customers want and need. But in a down economy you must maximize the value of every customer for your business.
You can do this quickly and easily with a survey via email where you ask them about what they need and want as it relates to your area of business. I personally use www.OneMinutePoll.com to conduct my surveys.
*Become Invaluable*
Find a way to go beyond just selling a product, service, or software.
Become invaluable to your customers. Become the last thing they would ever throw overboard if their economic ship started to sink.
You can often do this by combining whatever you sell with information and news they can't easily obtain elsewhere.
The easiest way to do this is to include special reports, ebooks, videos, or articles on your website, with purchases, or in an email newsletter.
If you sell the same thing everyone else does, you're just a commodity judged on price.
If you provide added, demonstrable value to your customers, you transform into a "resource" they can't let go.
*Stuck In Traffic?*
Most online businesses lapse into one or two main sources of online traffic generation (no, this doesn't include "hoping" for traffic).
Whether using pay-per-click, banners, email or some other method, we all tend to gravitate towards what "worked in the past."
Unfortunately, in a down economy, those traffic sources may dry up, increase in cost, or stop converting (or all of the above). But, as the saying goes, when one door closes, another opens somewhere else.
You must constantly look for and test new sources of traffic because you might just find one that could revolutionize (or save) your business.
Make it a priority to find and test at least one new source of traffic per month.
Recession-proofing your online business is easier than you think.
It simply comes down to discovering what enough people want, effectively demonstrating you provide it, and making yourself an indispensable part of their lives.
Copyright (c) 2008 Jim Edwards
Jim Edwards is a syndicated newspaper columnist and the creator of an amazing course that will teach you step-by-step and click-by-click..."A Quick and Easy Way For YOU to Painlessly Set Up Your OWN Moneymaking 'Mini' Websites... Without Being a Computer Geek, Buying Expensive Software, or Paying Outrageous Fees To A Webmaster!"
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Recession Proofing Your Home
By [http://ezinearticles.com/?expert=Roy_Primm]Roy Primm
What is a recession? A recession is when six months of negative economic growth happens (two consecutive quarters). Or in plain English, six months where the U.S economy shrinks in producing and selling goods and services. Ouch!
Making the mistake of refusing to think about it, thinking that will make it go away or not affect you is a risky mistake.
For example, if you're ever confronted by a mad, hungry wolf - burying your head in the sand and thinking happy thoughts is no survival strategy! But it does position you with your soft spot in the air, thus guaranteeing the wolf an easy, warm, ham dinner.
The same goes when an economic slowdown hits. Those who are the most prepared survives and even thrives in it - those who aren't won't. Regardless of how much or how little money you have.
For example, you may recall the last recession we had in 2001, dozens of Wall Street millionaires went broke almost overnight. Not to mention the hundreds of dotcom companies that went bust in tech heavy Silicon Valley in 2000. So, it's not the money but preparation that helps you survive an economic slowdown or recession.
Make up your mind now to refuse to participate in any one's recession - real or imagined, by preparing a survival plan now. As the saying goes, those who fail to plan - plan to fail.
Here's Five Ways to Recession Proof Your Home
As always feel free to share this information with someone you care about.
1. Routine Maintenance Preserves Your Money
Keeping up routine maintenance around your home will save you the cost of having them repaired or replaced. This will act as an enormous money -saver to reduce your expenses during a economic slowdown.
2. Don't Move ... Improve
During economic slowdowns it's always better to improve your home whether than trying to sell your home in a buyers market. If you can it's best to wait for a more advantageous time when the market improves. And instead improve your home with updates and other important maintenance projects.
3. Don't Panic - Protect
Now's a time to think more defensively. This means instead of buying new items, focus more on preserving and protecting what you have. For example investing in products that make what you have last longer like cleaning, maintenance and preservation products to keep what you have working efficiently.
4. Drive Your Computer - Instead of Your Car
With gas rising above three dollar mark it's important to find ways to use our car less or at least more efficiently. One of the easiest ways to is use your computer drive instead your car to drive. Online shopping will save you the cost of car maintenance, gas and wear and tear. So take advantage of this effective time-saver.
5. Give Your Home A Security Check up
Unfortunately when the economy slows down home burglaries and other economic crimes go up. As more people seek to find ways to make or supplement their income in unlawful ways make sure your home doesn't present a tempting target to an alert burglar.
As the economy grows tighter your preparation and planning will help you and your home ride out any economic storm better. By acting on the above suggestions you'll have less surprises. Of course no one knows what the future brings for the countries economy. But you'll feel more confident and in control by taking advance actions to protect yourself, your home and your family.
With recession forming on the lips and minds of government officials, wall street and business leaders by the day, you should start forming an action plan now.
Roy Primm Founder and Publisher of [http://www.BlackHomeOwnerNews.com ]BlackHomeOwnerNews.com the largest source of information for black homeowners. Subscribe to free newsletter and receive the latest home value increasing tips, free government grants benefiting homeowners. Get free ebook 99 Ways To Live Better On Less Money at ... [http://www.shopperscoach.com ]ShoppersCoach.com
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Tuesday, January 29, 2008
How to Avoid Internet Business Scams
By [http://ezinearticles.com/?expert=Megan_Vaillancourt]Megan Vaillancourt
So you want to own an Internet Business? You want to earn money online, but are a little fearful over scams that are circulating on the Internet. The first thing to realize is that our big dot com world is not as scary as you may believe. Yes, it is high-tech, and yes there are hackers and people out there scamming others. But there are simple strategies you can implement to protect your investment.
First of all there are not a lot of Internet Business that are scams. The business models that are out their are more legitimate, then we have ever seen in the past. The SEC has done a great job in protecting our investments. The biggest scams come from the people you partner with. If you are serious about starting an Internet Business, then you need to get to know the mentor that will be training you to earn money online.
Reputable Internet Business will teach there members to help their business members. Regardless of the company or service there are always people out there that are not going to follow through with there promise to show you how to build An Internet Business. If you are new to the Internet how can you protect your
hard earned money?
An 11 step plan to starting an Internet Business
1.) Ask Questions - Ask questions and reask the same questions. Make sure that the person is answering the questions the same way. If someone is misleading you then nine out of ten times will mess up there stories. Keep a good log of there responses and make sure they match up.
2.) Search Your Mentors Name - If you are talking to someone about there business ask for there name and correct spelling. Tell them you are going to Google and Yahoo to check them out. If legitimate they are not going to have a problem with that. Check their data.
3.) Check To See if There Is A Team Effort- It is crucially important to make sure there is a team effort. If there are not team trainings, or other mentors to talk to then I would be worried about contact with your mentor after you join. Make sure to ask them if they have team training calls or if there are other leaders that can help you build your online business.
4.) Testimonials - Ask for Testimonials. Most leaders will have a testimonial page for you to view. HINT: Make sure they have pictures or audio. It is harder to forge testimonials when you have a picture of someone or an audio.
5.) Don't Be Pressured - Making a business decision is big. You should not be pressured or feel like you have to make a decision today. Its your investment and your decision. If someone pressures you to join. Then I would back away.
6.) Plan of Action - What is the Plan of Action once you join. What is your responsibilities. How do those responsibilities allow you to earn money online? How long before you see a profit? Ask These questions. Don't fall for that you have little to no work. This will be your business and you want to clearly understand what your task is to having a successful business.
7.) What Sets Them Apart - Why are they different then any other mentor or mentoring team. Why should you choose them. Its not always about How much money they make, how are they going to teach you to earn money online.
8.) How Much Money Do They Earn Online - Okay in normal life this is ethically not a good question to ask. But in the Internet Business world it is okay. Yes they can tell you anything but usually people who are really making money will have a video of proof or a copy of receipts. Ask them for it? Its okay you are qualifying them.
9.) Marketing and Advertising - This is The core of your business. If they don't have a marketing or advertising plan you will not earn money online with any Internet Business. Make Sure To Ask them, have them be exact, and what your advertising expenses will be. . HINT: Marketing is not one source it is multiple sources that work together to bring quality traffic to your site. Don't fall for we have one marketing and advertising firm that will earn you an extraordinary income.
10.)The Automated Question - Automated Business are the wave of the future. Everyone wants automated. No work and you will earn money online. That is absolutely false. Anyone who is successful with there Internet Business will tell you it has taken some work. Watch for over hyped statements like you will
not have to do little to no work and you will make all sorts of money. That is just not true! Warning bells should go off.
11.) Explanation Calls - Every good team and mentor will have a call where you can invite potential clients to learn more about the opportunity Find out if they have something like that to help with your endeavors.
These are a baseline of questions that you should ask anyone that you are partnering with. Your biggest chance to earn money online is by networking with the right type of people. Its your investment, and you may like the person you are talking to. But liking someone is not going to allow you to build a profitable Internet Business.
You are anxious to move forward in your endeavor to earn money online. I congratulate you on your decision. However, I caution you to not make quick decisions. This is your first business decision, take the tips above to make your first step towards creating a Profitable Internet Business
Megan Vaillancourt
Creator And Founder of the highly acclaimed Mentors 4 U. A mentoring program for Passport To Wealth and My Internet Business
Author on Online Marketing, and Business http://www.PassportMentors.com http://www.MyInternetBusinessEarnsMoney.com
Questions Please Feel Free To Contact
Megan Vaillancourt
802-285-2006
or email me [mailto:mentors4u@gmail.com]mentors4u@gmail.com
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Starting an Internet Business
By [http://ezinearticles.com/?expert=Kathy_Austin]Kathy Austin
Have you thought of finding a convenient work from home opportunity for some time now? The advancements in technology has now granted you your wish and brought the opportunity of a lifetime right away. Well, now, it is possible to have an Internet business and work at flexible hours as per your convenience. With the Internet being the most preferred mode of communication, the opportunities for starting an Internet business are truly unlimited.
You could now select a web business idea that not only suits your requirements but also keeps your tastes and preferences intact. Some of the wonderful Internet business ideas worth exploring include:
Content Sharing: Content has become the new mantra for success online. For communicating your ideas and presenting your products online to your potential customer, you need to have a compelling content that can make an impact. Content sharing would include the written matter or text files, audio files, music and even videos. Content sharing is here to stay and offers tremendous opportunities of working from home at your convenience. Not many companies, however, are able to provide quality content as per the deadlines. There is a huge business opportunity waiting to unfold. Opportunity does not knock twice so open your doors and welcome it right now.
Video sharing: The Internet has turned up to be the most preferred mode of communication today. People spend a lot of time online and find it the best way to stay connected with family and friends. Users would like to publish their videos online for others to see. With the growing number of Internet users, starting a video sharing website of your own is definitely a good business idea. With your website gaining popularity and the increasing user base, there would be several advertisers who would be ready to pay you a handsome sum for being able to advertise on your website. It is for you to now make the most of this wonderful business idea and be a successful entrepreneur online.
Dating Website: Dating websites have come to be the most popular sites online known to generate the highest revenue. What better Internet business idea can be there than to launch a dating website of your own. Have a wonderfully designed dating website that understands the pulse of your target audience and you are on your way to success without any doubt.
Forums: Forums are among the latest trends now. Communicating with the customer is very important, however, communication should be two way; only then will you be able to get the right feedback. This explains the growing popularity of forums where you can post any topic or your comments in reply to a topic. Designing forums could thus, prove to be a good Internet business idea.
Music sharing: With people spending more and more time online, the trend of sharing things online is the new craze. Earlier if you needed a particular song you would request your friends to lend you a CD. However, now you would just need go to a music sharing site and download it. Music sharing websites attract a lot of traffic and thus, generate a lot of revenue in the form of advertising. Create your own music sharing website and success would then surely be on your side.
The number of Internet business ideas ( [http://www.goarticles.com/cgi-bin/showa.cgi?C=716035]webbizideas) have increased manifold. There is a world of opportunities out there waiting for you to explore. High time to kick start your venture and vision.
Kathy Austin is a writer, read more articles for [http://www.goarticles.com/cgi-bin/showa.cgi?C=716035]Webbizideas here.
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Start an Internet Business Without Money
By [http://ezinearticles.com/?expert=Jo_Mark]Jo Mark
There has never been a better time to start your own business than now. In years gone by, it was quite expensive to start your own business. Now, using the Internet, you can start your own business without investing a cent. All you need is a website or blog, which you can get for free, and a little hard work.
Begin by doing a search for a free website. If you have no knowledge of computers, you might be better off with a blog. You can enter information onto a blog without any knowledge of computer languages such as html (which you need to know to start a website).
Determine the main focus of your website or blog. Studies have shown that targeted sites that focus on one specific area are more successful than sites that provide a little of this and a little of that. So, put some thought into this aspect of your business and come up with one main focus of your site. This is called your niche.
After determining your niche, you need something to promote. Look for products that are related to the content on your site. Because you do not have your own product, you will sell someone else's (called the merchant) through an affiliate program. Through affiliate programs, your only job is to entice people to visit the merchant's sales page. Each time one of your referrals makes a purchase, you receive a commission. You do not have to bother with collecting payment, dealing with customers, or delivering the product; the merchant takes care of all those details.
To find good affiliate products, register with either ClickBank or Commission Junction. These are two of the largest companies in the field and they offer tens of thousands of products. It is free to register as an affiliate. After registering, locate suitable products that are related to your niche.
Place ads on your site directing visitors to your merchants' sales pages. Promote your site to attract visitors (called traffic). You can do this using free classified ads or by writing articles. Both of these marketing techniques are free. It may take a month or so, but slowly but surely, you will begin to make some money. As you attract more and more traffic, you will see your income increase.
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Using an Internet Business to Create Wealth
By [http://ezinearticles.com/?expert=Jo_Mark]Jo Mark
Many people seem to create wealth and money easily while others struggle just to make ends meet. Too many people are looking for the easy or quick way to do things. Fast profits, fast food, easy money... Many of these seemingly easy roads to quick profits turn out to be worthless gimmicks. The only one that makes money is the promoter. Those who struggle to make ends meet seem to be attracted to this type of program and lose money time after time.
What are some of the real requirements to create wealth using your online business?
1. Develop a plan.
You need to develop a solid plan. Develop your business plan using successful individuals as a model. Don't try to re-invent the wheel. Do what you know works.
2. Work your plan!
The key word here is work. It is the rare business indeed that requires no work and pays big dividends. Almost all successful businesses require some sort of work. And most successful business owners started out working long and hard. Many of them started out by working 12 to 14 hours a day. If you feel that it is not worth it making that kind of effort, maybe you weren't cut out to create wealth. Maybe that is the reason that you have been struggling just to make ends meet.
2. Use technology.
Whenever possible, use technology to perform mundane repetitive tasks. In almost every case, it is much cheaper to spend a few bucks upfront and get a computer to do a routine task than it is to do it yourself time after time. This frees you up to work on more important and more productive parts of your business. Spending time on the most productive parts of your business will create wealth and make you money!
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Thursday, January 24, 2008
A Solid Day Trade System
A Solid Day Trade System
By Mark Crisp
This is why so many people are lured into day trading as it is often seen as the holy grail of trading, the one that can make you rich overnight.
It is no surprise then that in recent times the internet and even TV has become swamped with people toting their latest day trade system and how it can make you rich overnight, I wonder then how many of these vendors would run for the hills if someone were to ask them for actual proof of income from using the system? I'll bet it would be a lot!
Dealing in foreign currency, stocks and shares or any such market is akin to gambling. You are basically gambling on whether the prices go up or down, of course this is a rather educated gamble. To do this you will need to watch the market trend to get a feel for it. The longer you watch the market trend for the more accurate your predictions will be. The problem is in the forex market time is money and waiting too long can mean missing great opportunities.
There are many people out there who will tell you that you can predict market trends after watching the market for just a few hours, personally I think this is more akin to a leap of faith than actual research.
The trader even when armed with the very best day trade system will make wins and make losses what is important is to make more wins than losses as there is no way that you will make enough profit in a day (unless you are very lucky) to stay afloat very long. There are many software packages and a whole bunch of day trade systems out there to help you along the way, it is nigh on impossible for a machine to predict exactly what is going to happen in a short space of time.
The best advice I can give you if you want a solid day trade system is to get an online trading account that comes with software to make your life easier and then use a demo account to ensure your profitability until you are entirely comfortable to start playing for real with your own hard earned money.
There are many books out there on forex trading both on and off-line and I would suggest that you read as much about day trading as you can if you are new to this exciting career.
Get your Momentum Stock Trading System and sign up for my free weekly online trading system newsletter here at: http://www.stressfreetrading.com
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Wednesday, January 16, 2008
Garage Sales
Decided to look around and gain some more information about how this blogging stuff works. Decided that having a clear direction and a profile could help traffic stay, which means more bookmarks, yada yada, more money from internet for me.
Since I now have an Idea what I'm going to be writing about in this blog, how about I do that!
In 2005 I went all year without getting "a real job" one of my favorite ways of making money during that time was just to go to yard sales and by things I knew I could resell for more than I was buying it for. I can't remember exactly what I was making from it, my best guess would be $30 per day minus a few dollars for gas.
Mostly I was selling books and CD's back to stores. It isn't rare for someone to sell a shoebox or more of used CD's for $5, often stores that sell used CD's will buy them from you for $1 or slightly more per individual CD. Although I started out by doing a the same with books you have to avoid buying so many types of books that it just wasn't worth after a while to be buying books for anything more than my personal pleasure.
Several other items I remember making good money off of was exercise equipment, furniture and aquariums. I was able to buy a bowflex for $25 which I sold to a friend for $100 who then tells me he sold it for $300. I bought a 100 gallon aquarium knowing another friend would love it for $20, they gave me $50 for it.
Remember, all around you people for some reason or another are selling things for much less than they are worth. All you have to do is be there when they want to get rid of it and take it somewhere where people will pay more for it.
Friday, January 11, 2008
Easy Rules to follow for Beginning Investors
2. Compound interest is one of the greatest inventions of man. Take advantage of it and open up an online savings account. Many online savings accounts have annual returns of around 5%. This money will compound on itself so that the interest your money is earning will itself earn interest as the account stays open. Many stocks have similar features, the dividends on the stocks I purchase are automatically reinvested in that company. This is a form of compound interest.
3. The market is down this week, what should you do? Buy. Make sure that a company is either in good financial health first. But when the market starts falling and you want to make more money, you need to start buying. Remember "Buy low, Sell high!". It is actually that easy. There are many different players and factors that influence the stock market. Some of them even earn themselves titles, like "Santa Rallies" where retail stocks begin climbing during the winter months as people head out to buy presents and investor try to figure out what they are buying and what companies will benefit the most.
There are also seasonal sell offs when major financial institutions sell assets in order to realign their portfolios. Just because the major companies are selling these stocks doesn't mean they are a bad investment for you though!
4. Pay yourself first. This is a strange statement, and possibly dangerous if you can't control yourself, but another important rule to investing is to take the money you may ordinarily waste on superfluous items and instead "pay yourself first" and put that money to work for you in the stock markets or atleast in a high yield savings account.
Investing is not as complicated as it looks and if you are willing to put just an hour into researching a stock pick you will be reasonably prepared to make investment decisions for yourself and begin to own your own financial future.
Thursday, January 10, 2008
When will Bear Stearns be a buy?
They do have a new leader now though. My first impression of him wasn't very positive, guy seemed like he had notes of buzzwords written on his palm.
Bear seems though to be slightly undervalued right now, making it an attractive investment and a potential take-over target. But the question I have is how much longer will Bears misadventures conitue to bring it down. Will it recover in a descent amount of time or will it as I'm afraid be brought down much lower as a result of lousey internal culture and biases.
I'm going to wait a few more months. I just thought you might like to know.
Wednesday, January 9, 2008
Can't afford to fill your gas tank?
On the financial channels the debate rages on about whether or not the U.S. economy is heading toward recession for 2008. Those people buying only as much gas as they need kind of hints to me we already are. I'm waiting until the earnings reports come out to make any sell decisions. But right now I think we are just in the middle of a typical January sell-off. As the big financial institutions try to get rid of some of their holdings to raise capitol.
The new CEO of Bear Stearns was on CNBC earlier today. "Conservative" was his buzz word, I swear that every sentence he said had it in there atleast once. When asked about whether or not Bear Stearns had enough cash available he found ways to put it in there even more often, to the point I actually started laughing.
I'm going to start prowling for good buys this weekend. I can't really afford much. I'll probably only spend about $250. But I'm confident that I will be able to find a stock in the $5 range that will wind up paying a $0.25 - $0.30 dividend for 4th quarter of 07. Most likely a Mid-cap with ties to the "housing meltdown" or the "credit crunch". I've always enjoyed the mellow dramatic language of economists. I just call them all the same colorful thing, might explain why I make more money off the markets than my reporting on them.
I'm coming from the viewpoint that hey, shit happens. The outgoing Presidents best gift to the next president is always a shakey economy. Bush got one from Reagan, Clinton got one from Bush, and Bush got one from Clinton. I hope the next president will make that list more diversified.
The China Olympics are coming up. Which combined with the housing problems and credit problems is going to drive down materials. I'm not aware of any major building projects China has planned for after the Olympics and see their preparations for the Olympics as a major driver of mining stocks the last few years. I did better with PCU and BHP than I have with oil.
But yeah, if you're short on money. Invest. Filling up a Suburban may cost $120, but my $250 invested has a good chance of being $500 if not more on a good earnings report. Heck, even if its not so great I'm not going to pick a stock that isn't a step ahead of its competitors as far as making a recovery in Value.
Friday, January 4, 2008
Getting Traffic
I'm also considering using Article posts to expand my reach. I'm trying to write longer posts, and more frequent. I believe that this is going well but I won't be sure until I start sending articles to posts.
500 words per article is what I'm shooting for. 10 articles a day should give me a proper base. Having english as my native language and the ability to write in a way that interests people should also help me.
500 word articles. 10 articles a day.