INFLATION WOES — WHY CUT SPENDING NOW

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3.4%
As a result, by December 2023 consumers were seeing prices that were on average

about 19% higher than they were before the pandemic in December 2019, as measured

using the CPI-U. However, the rate of increase of prices had slowed dramatically to

3.4% by December of 2023.Feb 12, 2024

Add another 3% or more for for 2024 and you have 22% price increase on average.

This does not account interest rates doubling, homes prices increasing, food

prices increasing, rent has increase more than the 22%.

Yes, the Federal Reserve shouldn’t cut interest rates in May 2024 but should

increase the rates by 25 basis points. This would be good new to the consumers

whom are worried about even higher prices in the latter part of 2024.

Why cut spending now??? Inflation is above 3% and climbing. The Federal

Reserve interest kept rate high in an effort to slow the economy and bring inflation

down to an annual 2%. If the Federal Reserve succeed then products you plan to purchase

now will be still higher.

Why cut spending now??? Budgeting/Budget is another way to fight inflation.

Monitoring where your money going/controlling expenses is another way to fight

inflation. Caution rather than a great regret in this inflation crisis.

Keep in mind the Federal Reserve policies will take time to get inflation under

control. In the meantime start your own financial control plan.

Please comment on whether you think the Federal Reserve should increase rates????More than $10k of unsecured business debt? See if you qualify for Commercial Debt Counseling to restructure your debts to free up cash flow to help your business survive and thrive. Click Here. href=”https://www.TreasuryDirect.Gov”>https://www.TreasuryDirect.Gov

OFFICIAL SITE OF THE UNITED STATE TREASURY

Cutting spending start with stopping spending money you have and that you’re

spending money on thing you don’t need. Credit card debt has reached

If you’re willing to budget than you can cut debt, and build cash reserve.

Budgeting start with overcoming the dislike of budgeting your income. Overcoming

being told what you can afford and what you need to save for can be frustrating.

Yet, step 1 can be as simple as writing down what your income is, weekly, monthly

and yearly. If Americans cut spending by 10% and pay that amount for one year, credit

card debt will BE 93 BILLION DOLLAR LESS. At an average of 19% interest rate this

will save the American consumer 18 Billion starting 2024.SAVING 35% OF YOUR INCOME IN 2023 VS DEDT

What do you mean by budgeting?

Image result for budgeting

Budgeting is the process of creating a plan to spend your money. This spending plan is

called a budget. Creating this spending plan allows you to determine in advance whether

you will have enough money to do the things you need to do or would like to do. Budgeting

is simply balancing your expenses with your income.

What is Budgeting and Why is it Important?

What is the best budgeting method?

The 50/30/20 rule is an easy budgeting method that can help you to manage your money

effectively, simply and sustainably. The basic rule of thumb is to divide your monthly

after-tax income into three spending categories: 50% for needs, 30% for wants and 20%

for savings or paying off debt.

How much credit card debt is in the US?

Total credit card debt reached a record $930.6 billion in the fourth quarter of 2022,

according to the latest credit report from TransUnion. As balance rise, so have

delinquencies, which is “something to watch,” says TransUnion’s Michele Raneri.

https://www.Benefits.Gov THIS IS AN OFFICIAL

SITE OF THE UNITED STATES GOVERNMENT. YOU’RE BE SUPRISED AT ALL THE GOVERNMENT

PROGRAMS THAT IS AVAILABLE TO AMERICANS. SHARE THIS INFORMATION WITH THOSE WHOM CAN

BENEFIT FROM ALL THESE PROGRAMS.

AFFICIENT WAY TO SET UP AN ONLINE BUSINESS

An Efficient Way To Set Up An Online Business

General information on starting up an online business

business, online business,

With so many online ventures failing, you may wonder, is it really worth considering setting up an online business? The answer to this is yes: internet-based companies are still on the increasing 25 – 30% year on year.

Even the economic slow down in recent years has not hindered this increase.POVERTY AND BEING POOR: ARE THEY THE SAME THING

According to an annual report of internet trends by a top market Research Company, almost two third of Internet users in the United States have by now purchased a product or service online. That’s a dramatic increase from 2000.

While the hype over the new economy is maybe over, one thing is certain the internet has changed the way we do business.
Many companies are now starting to grasp that their very survival may be in jeopardy if they are slow in implementing their internet business model.CLICK NOW — RESIDUAL INCOME — PASSIVE INCOME

However the question still remains – is there an efficient way to do business online?

Below I have outlined some components crucial to any online venture. While these might not be the only vital components of web based business, understanding them properly will significantly increase your chance of being successful with your online venture.

The main component you need is a business plan, one that makes sense and has been fully researched.

A recent report of successful entrepreneurs shows that businesses are more likely to be successful if they have a business plan. With a business plan, you get a better picture of your planned venture.BUSINESS PLAN WRITER: SHOULD YOU HIRE ONE

So, before starting you online venture, take time and write down what are you are intending to do. Product or Service If you are a brick and mortar company merely attempting to increase your sales of your products or services on the Internet. You at least don’t have to think about what to sell.

You can sell nearly any product or service on the internet; there are even incidents of people buying corporate jets online!

If you are serious about opening an online business, finding a product or service that suits you should not be very difficult.

Knowledge base goods like e-books, how-to-reports and hard to find information do well on the Internet drop-ship items are also plentiful on the net.
Thanks to the worldwide customer base of the internet finding a manufacturer for any product that you plan to import to your country or export from your country has become a lot easier.

If you have expertise, online services related to web design, travel arrangement etc. are also good areas. Internet gambling is also a very good area to investigate.4 PRACTICAL TIPS FOR NEW ENTREPRENEURS STARTING RIGHT

The look and feel of your website is important as potential customers will decide whether to do business with you or not based on the first impressions of your website, it is vital to have a professional-looking website with enriched content.

You can decide what type of website you want according to your situation; there is a vast range of choices. Starting from a completely free website you can spend thousands on a more advanced site.

Understand SEO (Search Engine Optimization) this is very important, setting up your site so it is fully optimized for search engines is vital.
Many companies will offer their services to optimize your site; however, it can be done yourself by researching the subject prior to developing the site.

There are many quality portals that permit you to have products and services displayed on a single page web site for free. Many business-to-business portals offer this kind of service.

However, for real-time transactions, you will still need e-commerce websites.

For a small monthly fee you can have the facilities necessary to run a full fledged electronic storefront and build it yourselves from easy to use templates.

If you go for this type of services, compare and see who has most of the features for the best price.

Shopping carts form an essential part of e-commerce sites, they allow you to accept purchase orders for many products or services.

The term “Shopping Cart” is taken from real life shopping terminology to help users understand the actions available to them.

Like in a supermarket a person can add items to shopping trolley, or remove items from the trolley or adjust the amount of the items as per requirement before checking out and making a payment.

Access to the shopping cart should be clearly evident. There should be numerous entry points to the cart. Add, remove and adjust the quantity of the product features that should be prominent on the cart page. The article name should have a link to the description of the product.

There should be a way of saving items for future purchases. Shipping and other costs should be clearly stated before the payment process starts. Order forms should be simple and clear. All payment options should be explained clearly. The ordering process should be done through a secure server.

You know you are on a secure server when the URL of your browser indicates “https:”. The s at the end of http stands for “secure”. Merchant Account 90 percents of all online retail sales take place through credit card transactions.THE ADVANTAGES TO STARTING A BUSINESS ONLINE IS ABSOLUTELY AWSOME

Even if you already accept credit cards for your offline transactions, that may not be enough. Although, you can take many precautions to reduce online credit card frauds, credit card companies still consider Internet transactions to be riskier than offline transactions.

There are numerous merchant account providers on the internet. Carry out some investigating before you sign up with any of them as their terms and conditions vary significantly.WEALTH BUSINESS – MULTI-STREAMS OF INCOME

It is definitely good to have a merchant account however that does not mean you cannot sell products or services without one! There are numerous other payment options available on the internet. The most popular of them are paypal, e-gold, e-bullion, etc.

If you would like to have an efficient online business, remember that old values still count. Proper planning, uncompromising customer service, integrity, hard work and persistence eventually will make your business success.

WebHostingPad offers everything you need to launch your website: domain names, site builders, WordPress, and more. Click here to get started!

BUSINESS PLAN WRITER: SHOULD YOU HIRE ONE

“Business Plan Writers: Should You Hire One?”

Do you need to write a business plan? The thought of preparing a business plan tends to fill most business owners with dread; it can be a difficult, stressful, and time consuming process. For this reason alone you may want to think about seeking the help of a professional business plan writer.

business plan, small business

Are you interested in starting up your own business? If so, you should carefully consider writing a business plan. The thought of preparing a business plan tends to fill most business owners with dread; it can be a difficult, stressful, and time consuming process. For this reason alone you may want to think about seeking assistance.

One of the many ways that you can seek help to write your plan is by hiring a professional, who in this case is a professional business plan writer.

NO MISTAKES — GET THE KNOWLEDGE FIRST

What Is a Professional Business Plan Writer?

Before deciding whether or not you should hire the services of a professional business plan writer, you should first clearly understand what they are. In most cases, you will find these individuals to be experienced, professional writers who are well versed in business terminology and who can effectively understand the needs of businesses.

It is important to understand when writing anything, even a business plan, that it is the wording which makes all the difference; the words used can be the difference between success and failure. That is why a large number of small business owners turn to professional writers for assistance.

What a Professional Business Plan Writer Can Do For You

When it comes to searching for a professional business plan writer, you will find that different writers perform different duties. For example, a large number of writers will merely take your ideas, which you have already thought out and developed, and present them in a professional matter; they will just present your plans in a more professional way than you could.

Then there are the professional business plan writers who will work with you to develop your plan from the inception of the basic ideas for your business to the finish document. Naturally since more work and time goes into to assisting you with developing a business plan from the bottom up you will probably find that the services of these writers cost more than traditional ones.

START A SUCCESSFUL BUSINESS TODAY

It is important therefore that before you start your search you be very clear in your own mind as to what level of support and input you require.

Why Hire a Professional Business Plan Writer?

There are a number of different reasons why small business owners turn to professional business plan writers. One of the key reasons is of lack of experience when it comes to putting ideas on paper and not knowing what format a plan should take. If you have n

MULTI-STREAMS OF INCOME – KEY TO WEALTH

😍🤩😎💦❤🧡💛💚💙

This comment was provided by one of our readers.

[…] But the plain truth is that most of us NEED our jobs to pay the mortgage, the

rent, our car payments, insurance premiums — you name it! If we didn’t have that

check coming in on a regular basis, we’d probably be living on a street corner

s…POVERTY AND BEING POOR: ARE THEY THE SAME THING […]

Thank you for comment. I agree with you. The only problem was I needed a second

income because I had a family. My Job simply didn’t pay enough for me to save.

Paycheck to paycheck to paycheck. So I started a second source of income and

then a third. Full time job, part time commission job, and started a Real Estate

business. I just got tired of being stressed out all the time over lack of income.

Are you stressed out over lack of income???? Please comment!!!!

WEALTH BUSINESS – MULTI-STREAMS OF INCOME

All You Need To Know About Adsense To Blast Your Income Sky-high!

These 7 direct to the point, no nonsense concepts and methods that you need to know
and implement to make a decent perpetual income.

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From my personal experience and from speaking with many other publishers, it seems that many of them cannot even garner enough earnings to trigger off a payment from Google (USD $100).

This is really sad because many give up before even reaching the halfway mark. Imagine adding up all the quitters, the amount of advertising money Google would have pocketed without paying a cent!

Point #1 Find Your Niche.4 PRACTICAL TIPS FOR NEW ENTREPRENEURS STARTING RIGHT

You need to know about your topic or subject fully and be an at least knowledgeable on it. You write quality content, you get quality ads shown. It is as simple as that.

If you really found profitable niche on but know nuts about it, you can always use free articles (like this one) and post them on your site with their links on them of course. It is a easy and quick way to get quality content to your site.

Point #2 Laser Focused Theme.

You need to fully concentrate on your topic and area of interest. Do not deviate from it even a single bit! The reason behind this is to get the MOST relevant ads to your content which in turn will be the most likely to interest the visitor and get clicked on.

Point #3 Website Navigation.

Do not trick the visitor, do not confuse the visitor, do not attempt to hide the ad but do not ‘blast’ the ad at the same time.

Create your navigation in such a way that your ads appear unobtrusive and yet viewable. It is advisable to put more then one ad but do not cramp your page with ads, it turns the visitor off.

Point #4 Key Word Density9 CHARACTERISTICS THAT MILLIONAIRE BUSINESS PEOPLE HAVE IN COMMON

Although Google doesn’t release exact details as to how they determine the ads to serve on a given page. We do know that content (and words) of the page that matters.

Before serving ads on a page, then, you might want to check its keyword density to see what words pops up most frequently.

Point #5 Maintain Content Readability

Advertisements should not distract from your content, or else your visitors will be driven away. Make Adsense a cohesive part of your site design, not something slapped in at the last minute or some hastily put up page.

Point #6 Ask Them!

Google knows best about their own programs. If you have any doubt or any question at all, feel free to email them.

Point #7 Do Not’s.CREATING ANOTHER SOURCE OF INCOME DAILY

Do no click on your own ads neither should you ask others to click on your Google ads. Do not manually change or modify you ad code.

Do not place Google ads on sites that include prohibited/questionable content (e.g.: adult sites, hate sites) Do not employ cloaking, hidden text or farm links. Do not create a site just because you think you found high paying keywords and throw content in just based on them just for the purpose of profiting from them.

MAKE YOUR APP HAPPEN AND EARN INCOME

THE ROLE SELF HELP BOOKS PLAY IN MAXIMIZING YOUR POTENTIAL

The role self-help audio books play in maximizing potential

To be successful in this 21st century, we all need to be regularly motivated so as to able to withstand the different challenges that life throws at us. But the access to motivational resources is becoming slimmer by the day.

The most prominent sources of motivation are in books, and there are thousands of them out there. But with our busy and tight schedule, most people hardly have time to read books. This is where audiobooks become handy.

Most speakers or authors now have their work published in the form of audio books. This gives them the opportunity to reach out to more audience, most especially those who find it difficult to read books.KNOWLEDGE TO BUILD WEALTH

Self-help motivational audio books are the next biggest source of inspiration. Listening to them will help to maximize and grow your potentials. They are what you need if you want to move to the next level in your career and profession.
In this post, we will be discussing the role self-help audio books play in maximizing potential.

Self-help audiobooks enable you to easily identify your strengths and weaknesses. They give you insights to your potentials and make question yourself on how to fully utilize them. Knowing your strengths and weaknesses helps you to better manage yourself, time and other resources at your disposal.

Listening to motivational audiobooks before getting out of bed in the morning will let you stay motivated and prepare you for the challenges of the day. Audiobooks are powerful tools for motivation. Make it a habit of listening to your favorite self-help audiobook for at least 15 minutes every day before leaving your home.

By listening to motivational audio books, you feed your mind with positive and inspiring contents. This enables you to regularly stay inspired and stand tall against all life tides.
Many people listen to music for inspiration or just to improve their mood. But audiobooks are better alternative to music because they enable you to stay motivated and at the same time you’re learning.

And just like your music, audio books are accessible and portable. You can easily carry them about in your phone, computer or any other devices. People can listen to them anywhere and whenever they want. You can listen to them while you’re doing other things. For example you can listen to motivational audio books while driving to and from work.

Most of real life challenges are discussed in audiobooks. Sometimes listening to them makes one feel as if the speaker or author is talking directly to you. In their discussions, they offer practicable solutions to some of the problems we face in our daily lives.

For anyone to improve and get to the next level, one needs to understand the essence of getting things done effectively within a speculated time frame. There are many motivational audio books that teach people how they can simplify and gets things done in order to achieve the desired results.

It is only natural for colleagues and other people around to believe in you and trust in your judgments when you are good at getting results. When people see you as a goal getter, the level of your confidence increases and invariably it helps you to maximize your potential.

In addition, listening to positive inspirational audio books let you understand that no one is perfect. In one way or the other, we all have our weaknesses. This weakness may either be physical or mental. Motivational audio books teach you how you can master your imperfection and overcome the feeling of inadequacy. This in effect, spurred you for greater life achievements.

YOU DON’T HAVE TO QUIT YOUR JOB – TO BE YOUR OWN BOSS!!!!!

You Don’t Have To Quit Your Job – To Be Your Own Boss

I’m constantly seeing articles about how you should quit your job and start your own business. I wont’ argue with that — being your own boss is a terrific experience and can give you the time and financial freedom you’ve always wanted.

But the plain truth is that most of us NEED our jobs to pay the mortgage, the rent, our car payments, insurance premiums — you name it! If we didn’t have that check coming in on a regular basis, we’d probably be living on a street corner s…POVERTY AND BEING POOR: ARE THEY THE SAME THING

home business, career, job, mlm, business opportunity

I’m constantly seeing articles about how you should quit your job and start your own business. I wont’ argue with that — being your own boss is a terrific experience and can give you the time and financial freedom you’ve always wanted.

But the plain truth is that most of us NEED our jobs to pay the mortgage, the rent, our car payments, insurance premiums — you name it! If we didn’t have that check coming in on a regular basis, we’d probably be living on a street corner somewhere.

Traditionally, you would have to save a little each month for years to get enough to live on while you start your business. Another way to do it would be to work for someone else in the same business you want to start.

You can learn the ropes while still earning a paycheck. When it’s time to quit and begin your business, you’ll be miles ahead.FREE INFORMATION

But let me give you a more modern alternative that works better than any of these: work a part-time job from home that lets you build a FULL-TIME income. You keep working your regular job while you start your part-time business on the weekends, after work, or in the morning before you go to work.

Even a few years ago this would have been a slow way to get your business started. But now, incredible online automation and outsourcing lets you run your home-based business in as little as an hour per week.

How does that work? Let me show you.

Instead of calling, advertising, and sending letters to prospects, you can let fully automated online sites gather hot leads for you.THE ADVANTAGES TO STARTING A BUSINESS ONLINE IS ABSOLUTELY AWSOME

Then, instead of spending hours in meetings and phone chats, you can have those leads automatically turned over to a professional sales team who turns the serious leads into paying customers.

About all you have to do is collect your commissions. And these days, those commissions can be HUGE. Forget the $20 and $50 paychecks you got in the past. These days modern automated systems can deliver $1,000 to $3,000 or more PER SALE!

Think about it for a minute. Using this type of automated/outsourced strategy, you could keep your current job while you earn an even larger income working just a few hours per week in your spare time.FREE INFORMATION

This is a great way to either begin a fun, serious business of your own, or simply DOUBLE or TRIPLE the income you’re bringing in with your current job.

Keep your job AND be your own boss if you like. It’s all possible today on the Internet.What do you know about Online Earning ?

Do you know the most efficient way to turn a buck? This is probably a question that has ridden the minds of men and women for centuries.

online earning

Do you know the most efficient way to turn a buck? This is probably a question that has ridden the minds of men and women for centuries. Not to mention it will continue to haunt individuals for years to come.

The almighty dollar plays such a significant role in our contemporary society, just as it did in the past. Regardless of how much we try to belittle its value, there’s just no arguing that everyone doesn’t need cold hard cash. Capital is a necessity and probably always will be.THINGS TO CONSIDER FOR STARTING AN ONLINE SUCCESSFUL BUSINESS

The good new is that as time moves forward, new doors are opened. This means more ways to make a living or earn extra dough on the side. In fact, one of the major concepts many of us take advantage of in modern times is online earning.

Have you ever considered your home computer as a vehicle to cash? FREE INFORMATION

What do you know about online earning? Did you know that there are endless job opportunities gracing the World-Wide-Web now days?

I personally am amazed when I delve into cyberspace in search of jobs regarding online earning. Numerous companies are constantly on the lookout for web editors and freelance writers. Ebay is an additional means to online earning. They need people to work for them as well.

It’s not just about selling that junk in your garage or buying a rare action figure. Ebay has it’s own employees who work from the comfort of their own home. Web content is another great route to online earning.

Those of you out there with websites can earn revenue just by posting the right material. Search engines such as Google.com, MSN.com, and Yahoo.com all create tons of traffic, which in return builds money. Maybe there is an ideal way for you to begin making some money via the Internet.

With modern times, have come fabulous opportunities. These days you no longer have to conform to the work force and earn money for the “man.”FREE INFORMATION

So many individuals are taking their chances with online earning. In return they are making their own money and avoiding the cog in the machine routine. This is one way to get a more significant portion of cash earned.

Just like with any business, if it’s yours, you’re going to make the most off of it. Hop online today and discover more about online earning. Maybe that choice opportunity is out there just waiting for you.

WHAT DID YOU FOUND HELPFUL IN THIS ARTICLE???????
PLEASE SHARE A COMMMENT– THANK YOU

Podcasting is the preparation and distribution of audio files using RSS feeds to the devices of subscribed users. A podcaster normally buys this service from a podcast hosting company such as SoundCloud or Libsyn.

Start your Podcast for Free

What do you mean by podcasting?

The #1 way to host a podcast

What is Podcasting and How Does it Work?

Explore our community’s
podcasts

Podcasting is the preparation and distribution of audio files using RSS feeds to the computers of subscribed users.

These files may then be uploaded to streaming services, which users can listen to on their smartphones or digital music

and multimedia players, like an iPod.

How does a podcast make money?

The Lowdown on How to Start a Podcast and Make Money from It

Direct monetization opportunities include sponsorships, affiliate marketing, paid membership programs, and premium

content creation. Indirect monetization involves selling physical products, selling online courses, providing content

upgrades, and getting paid to speak at events.

How do you create a podcast?

How to start a podcast in 11 steps

Identify a podcast theme.

Decide on a format.

Create your podcast brand.

Choose your podcasting equipment.PODCAST STARTER KIT FOR BEGINNERS AND PROFESSIONAL

Get recording software.

Outline your first episode.

Record your podcast.

Record an intro and outro.

What is an example of a podcast?

The NPR Politics Podcast is made up of a roundtable of National Public Radio journalists. They discuss daily

developments in U.S. politics with a friendly efficiency in episodes about 15 minutes long. Another show from NPR, Guy

Raz’s How I Built This, is an extremely popular example of an interview podcast.

How much do podcasts make per 1,000 views?

The common rate for 1,000 downloads per podcast episode is $20. That means if a podcast generates 50,000 views, most

podcasters can reasonably be expected to earn $1,000 per episode. Other podcasters can earn more by combining

monetization methods like merchandise or sponsorships.

Who is the highest paid podcaster?

Joe Rogan

Who is the highest paying podcaster? Joe Rogan is the highest paying podcaster. His exclusive deal with Spotify for

“The Joe Rogan Experience” is reportedly worth at least $200 million, per Forbes. That sets him way ahead in the

podcasting earnings league.

Do you need a license to do a podcast?

It’s easy to think that because we hear music on the radio all the time, that it’s ok to use music in a podcast. In

reality, it is a complex issue.

How much does it cost to run a podcast?

Different sources put the average cost of starting a podcast between $100 and $5000. Remember, though, not all podcasts

are the same – and neither are people’s budgets. It’s also important to distinguish between different levels or types

of podcasts.

How many listeners do you need to make money on a podcast?

They handle the heavy lifting, including locating potential advertisers, negotiating rates, crafting scripts, and

addressing legal matters. However, it’s worth noting that this method typically requires a sizable audience of at least

5,000 to 10,000 listeners per episode to make it financially viable.How can I host a podcast for free?

Buzzsprout. Buzzsprout. Buzzsprout is one of the most popular options for hosting a podcast. …

Podbean. Another popular free podcasting platform for hosting is Podbean. …

Spreaker. Spreaker. …

Anchor. Anchor. …

Podomatic. Podomatic. …

Acast. Acast. …

Soundcloud. Soundcloud. …

RedCircle. RedCircle.Things To Consider For Starting A Business

Are you are planning to start a business? You must have a clear plan and strategy for achieving your goals. Too often new entrepreneurs jump ahead without mentioning what they sell, how they sell it and to whom they will sell it.

Thanks to the internet, it is straightforward than ever to start a business in the comfort of your own home. Although it is not easy to be an entrepreneur, it is generally known that starting a project is very rewarding. The hardest part is starting. So many people have business ideas that never leave their notebook. Others want to have a business, but they do not know where to start. These are the six necessary steps for starting a business in 2024.

1. Get Online
First, if you start a business, you have to install it on the internet. The number of people buying online is increasing every year. More than 3 billion people have access to the internet, and more and more people connect every day. These are all potential customers. When your business is on the internet, you can sell your products and services 24 / 7.

2. Get starting capital
Although the costs of starting a business in 2016 on the internet are considerably lower than those of a traditional company, you still need a little money to start an online business. The main reason why most companies fail is the lack of capital. Provide a plan to make financial resources possible, whether it concerns sales, your funds or external investors.

3. Choose The Right Location:

Location plays a significant role in determining the success of your business. A wrong location can jeopardize all prospects, and at the same time, a right one can build a strong foundation for a fruitful venture. Therefore choose the location wisely. Discuss with people who have vast knowledge in the industry that you have chosen. If you set up your business amidst your competitors, there are higher chances of success, studies have shown.

4. Establish Your Unique Selling Proposition

What makes your company unique? The Internet is a big market, and when you start a business in 2019, you have to make a unique sales proposal (USP) for your product or service. Why would people buy from you instead of someone else? If you do not know, how can you expect your potential customer to know?

5. Know your ideal customer

No company can sell anything to anyone. You need to be clear about who your ideal customer is so that you can create your marketing messages to attract them directly. What are their needs, wishes, concerns, problems or wishes? How can your products or services help them?

6. Implement a proven business model

Use a proven business model that will work in your market. If you do not have one, look at your competitors and see what they do. Buy a business mentor that shows you how to grow your business and move a potential customer to a customer. Very often you can learn a lot from people who have preceded your industry. They can help you avoid pitfalls and make your path to success faster and easier.

It may not sound natural to start a business, but if you have a passion and want to see it become a successful business, it will take planning and organization. Use these tips to get started and build a company you can be proud of.

Regardless of your age, education, technical skills or qualifications there are no specific requirements for being a successful online entrepreneur. However, you will be more successful with a solid business model to work from, clear direction, training, and support.

5 SUPER WEALTH BUILDING PASSIVE RESIDUAL INCOME TIPS

5 Super Wealth-Building Tips Pave the Way to Financial Freedom

STARTING A BUSINESS IS SO SIMPLE

Here are five super wealth-building tips for the success-minded individual…

wealth, income, extra money

There are so many things involved with building wealth that it would take much more than one article to explain it all. So, we’ve put together a simple five-step guide to help you get a great start in building wealth for a lifetime.

Step 1: Set Specific Goals

Goal setting is a task that can be easily put off – especially when you are extremely busy in day-to-day activities. However, goal setting is the first and one of the most important steps you’ll take to achieve wealth.

Set both short-term and long-term goals. Short-term goals may be daily, weekly and monthly goals. These should reveal where you would like to be financially by a certain time in the near future.FREE INFORMATION

Long-term goals include the amount of wealth you would like to accumulate within a year, two years, or maybe even five or ten years. Both types of goals are necessary to build wealth.

Without goals, you are wondering blindly with no care or thought of what’s ahead. This pattern of life is sure to leave you empty-handed!

Step 2: Create a Business Plan

Every successful business from the past and today started with a plan. Your business plan should illustrate where you are now, where you plan to be in the future, and how you’re going to get there. Write these few notes down on paper. Then, fill in the blanks to create a rough business plan. It’s easier than you think.

*Your current income
*Business profits and expenses (if you already own a business)
*Business budget (or personal budget if working for someone else)
*Capital needed upfront to promote and operate business
*Plans to acquire the capital needed (source of capital)
*Spending plan (promotions, supplies, inventory, online expenses, etc.)
*Expectations (What results do you expect from your initial efforts?)

Creating a business plan is a necessary step to build wealth through your own business. Even if you don’t own a business, you should write down a similar plan to reach your personal wealth goals.

Step 3: Avoid Harmful Debt

Debt is the one of the key reasons many people never accumulate wealth. But remember, there are two types of debt: harmful debt and necessary debt. Harmful debt is the debt you create for things you do not need such as excessive shopping, luxury items, expensive cars that you can’t afford, etc.

Necessary debt is a debt most people must have to live, such as a mortgage, car loan (affordable), medical, college, etc. These debts are a part of life for most families and will be for many, many years. However, even these types of debts should be kept well within your income limitations.

If you can only afford a $250/month car loan, then shop around until you find one at this price. Don’t give in to the temptations and pressures to buy the fancier, more expensive car with a $450/month payment. It’s not worth the risk!

You may ask, “I thought these steps were for building wealth?”

As it happens, debt is the opposite of wealth. The more debt you have, the less wealth you will accumulate. You can’t save money or invest money that belongs to someone else. If you earn $3,000 in income this month, but owe $2,000 in loans (before everyday living expenses), you can’t possibly have extra money to save.

You must either earn more or sell some items to pay off your debt. You should avoid this “debt trap” if you intend on building wealth for the future.

Another type of debt is one for your business. You may take out a small business loan to get things started or to promote your business. If you are uncertain about whether the business will bring profits, try to avoid business debt until you have tested it a while.

Step 4: Develop a Personal Plan

Above, you developed a business plan. Now it’s time to create a personal plan. What tasks will you do daily to build wealth? Put yourself on a schedule and a strict budget. Work toward your goals daily by making a list of things to do and marking off each item on the list as you complete the tasks.

In your budgeting, include a set amount of money you will put away in savings (savings account, IRA, stocks, bonds, etc.) If you plan to invest, be sure to diversify your investments. Choose only one or two high-risk investments and several “safer” investments such as mutual funds or bonds.

Step 5: Stay focused on the Goal, not the Circumstances

No matter what circumstances you find yourself in, keep your eyes on the wealth-building goal ahead. Even if sales are down in your business, don’t stop dead in your tracks. Remember, businesses have ups and downs. If you remain steadfast toward your goal during the slow times, the busy times are bound to be much better than ever.

Your income will grow and you will have the extra money needed to reach your wealth-building goals.

In a nutshell, building wealth does not happen over night with one get-rich-quick program. It happens with consistent labor toward the goals and tasks you have created.

You can build wealth for your future if you do not waver from these basic truths that have worked for millions of others!

Work Part-time—–Earn Full-time

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It is not the amount of hours that you put into a working day as much as the amount of work you put into the hours.Far better to plan your day so that you can maximise your resources,instead of jumping from one task to another and end up doing nothing.

You do not need a large sum of money to finance a business proposition.All you need is a good idea and the ability to put together a business plan that will convince investors that you can make money.When people are convinced that you can make money,you should have no problem getting people to invest in your proposition.FREE INFORMATION

A rule you should abide by is not to keep on working for your money. If you do this you become a slave to money. Far better to let money work for you. By investing your money in a business proposition where your returns are guaranteed you free yourself.

Take arbitrage investment in sports betting. An arbitrage is simply the purchase of securities from one market for immediate resale to another market in order to profit from the discrepancy
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There are arbitrage opportunities in numerous markets.The one concentrated on here is the sports betting market worldwide.

With the correct software this market can be exploited,giving guaranteed profits.If you know what to look for in this type of situation you can exploit the situation to give you a guaranteed profit.Coupled to the software is a FREE booklet detailing in specific detail how to exploit this market.

If the instructions in the book are adhered to the user can look forward to a guaranteed profit.There are people operating at the moment making a full time living out of arbitrage investment..

This book will show you everything you need to know ,to produce a very profitable and regular income from a loophole that has been brought about by the Internet and the masses of bookmakers that have sprung up and continue to do so. .This loophole can never be regulated or closed down and as the Internet grows the number of opportunities this loophole will make available will multiply
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There are many reasons why bookmakers may offer wildly different odds on the same sporting event .For a start many bookmakers overstretch themselves when offering odds—they try and cover every possible market to get as many customers as possible.

This is great news for us because in doing so they will sometimes offer odds on events that they have little or no expert knowledge in .For example a bookmaker in the USA may offer odds on English division football yet he knows very little about it.

Not much money is needed to get started in this business. As you progress and people begin to see that you are making a profit 100% of the time you are going to attract people to you, who are going to try and find out your secret of making money.

STARTING A BUSINESS WITH LITTLE OR NO CASH

HAVE A CLEAR PLAN AND STRATEGY FOR ACHIEVING YOUR GOALS

Are you are planning to start a business? You must have a clear plan and strategy for achieving your goals. Too often new entrepreneurs jump ahead without mentioning what they sell, how they sell it and to whom they will sell it.

Thanks to the internet, it is straightforward than ever to start a business in the comfort of your own home. Although it is not easy to be an entrepreneur, it is generally known that starting a project is very rewarding. The hardest part is starting. So many people have business ideas that never leave their notebook. Others want to have a business, but they do not know where to start. These are the six necessary steps for starting a business in 2024.

1. Get Online
   First, if you start a business, you have to install it on the internet. The number of people buying online is increasing every year. More than 3 billion people have access to the internet, and more and more people connect every day. These are all potential customers. When your business is on the internet, you can sell your products and services 24 / 7.
2. Get starting capital
   Although the costs of starting a business in 2016 on the internet are considerably lower than those of a traditional company, you still need a little money to start an online business. The main reason why most companies fail is the lack of capital. Provide a plan to make financial resources possible, whether it concerns sales, your funds or external investors.
3. Choose The Right Location:

Location plays a significant role in determining the success of your business. A wrong location can jeopardize all prospects, and at the same time, a right one can build a strong foundation for a fruitful venture. Therefore choose the location wisely. Discuss with people who have vast knowledge in the industry that you have chosen. If you set up your business amidst your competitors, there are higher chances of success, studies have shown.