BUSINESS STRATEGY: CLARIFY YOUR PUPOSE AND VISION

Business Strategy: Clarify Your Purpose And Vision

Planning for how to make this year your best year ever? Take some time to really clarify your Purpose and Vision for your business.

These are two of the most necessary elements for pulling your business towards future success.

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Whether it’s the beginning of a new year or we’re halfway through, you want it to be your best year ever. You are no doubt doing some planning for how to make that happen. You are doing some planning, aren’t you?MONETIZING A HOBBY INTO A BUSINESS

I’d like to recommend you take some time to really clarify your Purpose and Vision.

Clear purpose and vision are the keys to giving you a focus and direction.

Unfortunately, that’s something that is all too often lacking from small businesses. What you need to do is quite simple, but may challenge you if you’ve never taken the step before.

Here are a few ideas to help you make this your best year ever.

Clear purpose describes what you are out to cause with your business. Have you lost track of your purpose? Do you remember what led you to start or get into your business in the first place?

Three questions to ponder as you seek to re-ignite the purpose in your business:

What do you really want out of life?

What do you really not want in your life?

What would you be willing to give up in order to live the life you want?

Answer these questions honestly and build your business around the life you want to live. Talk about a purpose that would set you on fire.THE ROLE SELF HELP BOOKS PLAY IN MAXIMIZING YOUR POTENTIAL

Here’s an idea for creating your vision. Think of the absolute greatest outcome that you can possibly imagine that your best clients would really want from your service.

Build your vision around being “the resource” that works to deliver that.

Examine your values and principles and then determine what you want your business to be in the future.

Find your favorite way to relax quietly and let your mind open to dwell in what’s possible.

Imagine yourself in a private movie theater watching a movie of your future self in 10 years. As the movie ends you notice you’ve been joined by the star of the show.

Ask them any question you want about how they got to that place of great success in the movie. What were your future self’s purpose and vision?

This may seem silly to you at first, but if you open your mind up to accept that the visioning process will work, you’ll be amazed at the answers that will emerge.
JOURNEY TO FINANCIAL FREEDOM — STARTING YOUR VERY OWN BUSINESS ON A SHOE STRINGCUTTING DEBT to Invest More

The process of generating wealth, which can be achieved with even minimal income, requires commitment to basic measures. The measures that can lead to the generation of wealth, if properly implemented are highlighted below.

Budgeting
It seems pretty obvious

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That budgeting should be one of the top measures implemented to spend less and invest more.

As cliche’ as budgeting may seem, it still serves as an established means of spending less of one’s income and investing more of the income.

For budgeting to be effective, a budget has to be functional and include all kinds of expenditure, from the emergency expenses to the regular expenses.

Penalties for exceeding the budget should also be stated and implemented appropriately. An effective budget should be a proper reflection of one’s financial habits and should aim towards cutting unnecessary expenses.

Allocating funds to separate accounts

Having separate accounts, especially savings account, where different categories of funds can be kept is another measure that can be implemented to ensure the most minimal spending.

The allocation of funds to different accounts works better when measures for ensuring that the allocated funds for a specific purpose are not used for other purposes.

For example, an account where regular savings are kept should not have a debit card to ensure against undue withdrawals.

Restricting luxury expenditure

It has been well established that living below one’s means is a clear-cut method of building wealth. In achieving less expenditure and more investments, it is thus important to implement practical methods of restricting undue spending.

One of such methods that can be implemented is the taxing of such undue expenses.

Taxing these expenses increases the cost of undue expenses thus restricting one from engaging in them. For example, for every family vacation, for example, a certain amount must be put into the savings account, to balance up that expense.

Thus, whenever one thinks of a family vacation, they would consider the cost of the vacation as well as the saving equivalent and plan properly towards such expenditure.

Investing

As much as it is important to save, it is more important to invest savings. A saying goes thus, “No one ever get wealthy from leaving money in a savings account”.

CREATING ANOTHER SOURCE OF INCOME DAILY

Earning additional income

Most young entrepreneurs around us today have created for themselves an offline venture which

can fetch them some little money and with this the have utilize their idea and skills. For you

to become a successful entrepreneur your passion most speak for you and not just the way you

rush to get the money daily. For you to earn more you need to add more value to their life

just like the way you fuel your machinery you will surely benefit from it that is how your

idea works too.THE ADVANTAGES TO STARTING A BUSINESS ONLINE IS ABSOLUTELY AWSOME

Earning additional income simply mean creating another source of earning money daily it could

be anything but it must be what you love more. Over the years I have love the online business

that fetch me some little money to my offline and this online activity that fetch me some money

is blogging. Although blogging is not the only business that can fetch you more we have other

reliable business to get involve and you won’t regret it.

Blogging can be defined as the process of updating g you web blog daily just like a dairy

or an, arena where your visitors can come and read some useful content. Blogging has been the

big money niche online over the years and does not require much stress or coding. Most people

get frustrated of blogging because the fail to understand how it work. You need to be consistent

and also your articles must be unique for your reader to read daily.

Earn additional income through blogging

Blogging basically if for publishing content to reach a wide range but aside the publishing

you can make money through advertising, link placement, sponsored article, banner placement,

affiliate marketing and lot more. Most people are full time bloggers and some are per time

bloggers.THINGS TO CONSIDER FOR STARTING AN ONLINE SUCCESSFUL BUSINESS

Earn additional income through Real Estate Investing

This is simple the process by which an individual gets involve in the management or

ownership of the estate in return of profit. So, the development of your business strategy

to estate investment is known as Real Estate Investing.

Earn additional income through Online student Tutor

Earning additional income through Online Tutor this is mainly for those with teaching skills

and with this you can make some cool cash online with platforms like tuteria.com and for

you be a tutor you should either be a high school

certified graduate and also have a license to become a tutor.

Conclusion

Making additional money online require much time and also try to figure what you love

most. The above listed ways on how Earn additional income through different means is

not just the whole channels that you can make additional, money online, we have thousand

of ideas on how to make this money online. Try to make use of your free house to go

more on a research you can become twice richer if you can devote your time for this

idea. Also, you need to work with passion and not the money in the first instance to enable

you overcome some challenges and when you get rid of this the sky will be your starting point.

How does increasing interest rates help inflation?

9 CHARACTERISTICS THAT MILLIONAIRE BUSINESS PEOPLE HAVE IN COMMON

9 Characteristics That Millionaire Businesspeople Have in Common — 1400 People Will Become Millionaires Everyday — WILL YOU LISTEN AND LEARN HOW?????

What do the rich and powerful people in business have in common? They live life with a strategy and exhibit characteristics that not all that different from other not-so-successful businesspeople. What’s their secret? They train themselves to keep these characteristics in mind.

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In May 2005, Forbes magazine reported that there were 691 billionaires in the world. 1400 people across the world turn into millionaires every day. Want to become one of them? Of course you do. Everyone wants the freedom to do business in the way they choose. There is so much power in running your own business – and having a business that runs itself, which for many people is the ultimate goal.

Making money is not the only goal of becoming an internet millionaire – it’s about freedom. Many people across the world are gifted with experiencing this freedom everyday. How can you become one of these people? What kind of life, and business, do you want to run? Would you like to be able to check your email from your private plane? These are the kinds of goals many people have in mind when they begin to forge ahead with their business ideas.

But the truth is that the rich and the successful – the millionaires off and online – have about nine characteristics in common, not that different from a lot of people we all know. Most of them exhibit some or all of these. The truth is that we all have the potential for greatness – if we can train ourselves to keep this in mind as we go about our business day.

1. They don’t blame. Successful businesspeople don’t blame others. Instead of making excuses for bad outcomes, or reassigning responsibility to others, they take time to learn from their own mistakes.STARTING A BUSINESS ONLINE

2. They are decisive. Millionaire-types have a vision. They take quick, decisive action aligned with that vision. They’re action oriented, always pushing forward toward their goals.

3. They trust their intuition. If something seems like it’s not quite right, they trust that instinct. If an opportunity excites them and sounds like a great idea, they go for it.

4. They are singly focused on their CORE business. Successful entrepreneurs may be inspired by ideas, but they always remain true to their vision. They focus on opportunities that are aligned with their business’s purpose. If you sell retail products on eBay, don’t try real estate investing the next day. They don’t lose focus. They may sell their products on eBay, write articles, focus on joint ventures, and go to marketing seminars, but all of their efforts, and FOCUS, help them move toward their main goals.

5. They are marketing focused. Millionaires, including such giants as Bill Gates, understand the importance of building on their core business. They hire people with specialties in marketing. They work hard at building their email lists, gaining exposure, and are constantly looking for ways to reaching a wider audience. If you want to build a decent income, you sell products and services. If you want to be insanely rich, then you create and control markets. The key to your business, and creating phenomenal success, is marketing.

6. They understand the importance of continuing education. Successful businesspeople are always learning and drawing from other people’s experiences. They listen to how other people have achieved their success, especially if these people have expertise in another industry. They are constantly learning about new approaches and strategies, and thinking about how they can apply it to their own business.

7. They are not afraid of making mistakes. Any big company online will tell you that they’ve had their share of downfalls, even such giants as eBay or Craig’s List. Mistakes are building blocks for success – by making mistakes, you learn what works, and what doesn’t. You don’t have to get it right, you just have to get it going. We all make mistakes, and one of the most powerful things you can do is glean feedback from them. Feedback is a great way to learn from your customers and colleagues. You need to look at feedback and take it with a grain of salt – it helps you learn and grow. See your mistakes as learning lessons

8. They model their business for success. Internet millionaires model other people, strategies, and systems. They constantly look for models of success in everyday life and think about how to incorporate these lessons into their own strategy. They even look at their competition for answers. Whatever niche you’re in, subscribe to some industry newsletters, buy their products, and learn HOW they create success.

9. They build a team to rely on. No matter what stage you are in with your business, you’ve got to realize that you simply cannot do it all. You can’t be an expert in everything. You want to create a great team of people. How can you find them? Go to seminars and workshops. Hone your networking skills. You’ll often find that like minded people that are out there constantly learning and attending, seminars and workshops. Getting rich is a team sport. You have to have people that are cheering you on, encouraging your success.

These are some inherent characteristics of business millionaires. Can you apply them to your business and your life, too? Of course you can. If you can keep these principles in mind, you’ve got the millionaire mindset. No, you aren’t going to get there overnight. Making a million dollars takes some time. You can’t make a million dollars if you haven’t made your first hundred. So focus on the first hundred, first thousand, and first hundred thousand. Thinking this way goes a long way toward your goals – finding success, gaining riches, and living the kind of life you want to live.

4 PRACTICAL TIPS FOR NEW ENTREPRENEURS STARTING RIGHT

4 Rules For New Entrepreneurs – Practical Tips For Starting Right

It’s a great time to be an entrepreneur—in the last decade, technology has leveled the playing field and propelled an entrepreneurial revolution. As an entrepreneur, you now have more access to information that enables you to make more intelligent choices more quickly.

You have an advantage over big businesses in that you’re lighter, more flexible, and faster on your feet. You can target new markets more quickly, and you can turn on a dime.

But being a successful entrepren…

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It’s a great time to be an entrepreneur—in the last decade, technology has leveled the playing field and propelled an entrepreneurial revolution. As an entrepreneur, you now have more access to information that enables you to make more intelligent choices more quickly.STARTING A BUSINESS INFORMATION

You have an advantage over big businesses in that you’re lighter, more flexible, and faster on your feet. You can target new markets more quickly, and you can turn on a dime.

But being a successful entrepreneur requires that you look at the big picture and follow a plan through from beginning to end.

Rieva Lesonsky, editor-in-chief of Entrepreneur Magazine gives some practical guidelines that can help you when beginning your own enterprise

1.Don’t Quit Your Day Job.

Consider starting your business part-time, especially if it’s online, while you’re working and have a steady income. It usually takes six months to a year to get a business going and you don’t want your ability to make your house payment to hinge upon your company being an overnight success.

Start with what you can manage, financially and time-wise, and scale up as your business grows.

2.Find Your Niche.

The days of general stores are over. Particularly online, consumers are looking for stores that specialize. You have to find a need—something a specific group of people want, but can’t get at the big chain stores—and fill it.

Advises Lesonsky, “You can’t compete with the big guys, so you have to find where the big guys aren’t and go into your niches.”

3.Have an Online Presence.

Even if you’re not planning to start an online retail business, consider that the internet can still play a valuable role in your company.

Having an online presence eliminates the limitations of physical location and broadens your customer base by, literally, millions.

It’s also a great tool for promoting yourself and letting people, even in your own area, know that you’re there, and what you’re doing.

4.Refuse to Quit.

Successful entrepreneurship requires creativity, energy, and a drive to keep going when you fail. Few people realize that before Bill Gates created the extremely successful Microsoft 3.0, he created a Microsoft 1.0 and 2.0, both of which flopped—but he kept at it.

Are You Ready To Start Your Own Business? The 4 Key Questions You Must Ask

How can you make sure that you are among the winners rather than the losers in this high stakes game? The answer is inside of you. You must ask yourself four key questions to determine whether your own small business will survive and thrive.

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Every year millions of people answer “Yes” to that question and every year that answer costs many of them money, time, confidence, and heartbreak. The Small Business Administration estimates there are 580,900 new small businesses opening each year and that number does not include the small one-person entrepreneurships that pop up every day.

However even if you are your business’s sole employee then there is still something to be learned from the SBA’s numbers.

According to the SBA, two-thirds of new businesses survive at least two years and 44 percent survive at least four years. Two of the key factors in the businesses survival and ability to thrive: the owner’s education level and the owner’s reason for starting the firm in the first place.

How can you make sure that you are among the winners rather than the losers in this high stakes game? The answer is inside of you. You must ask yourself four key questions to determine whether your own small business will survive and thrive.

1. Are You Ready

Have you mentally prepared yourself for the switch from employee (or student or whatever label fits you currently) to boss. You are going to be the one making decisions now about everything from office products to product line.

This total control is one of the driving forces behind many people who take the plunge into starting their own business but it is also one of the elements that drives new entrepreneurs crazy. When you start out there is an endless list of decisions that need to be made and new questions crop up every day.

Even more important you will need to remember that in a small business you will wear many hats. Even if you manage to start out with one or more employees you will each fulfill more than one role in your new business.

And if you are running a one-man or one-woman show then you serve in every capacity from file clerk to maintenance crew to salesman to CEO. Can you handle switching from task to task and role to role like that? Are you willing to make those switches?

Similarly, have you prepared your family and friends for this switch in attitude. Your life is going to change — probably pretty drastically — and that change can have a positive or negative impact on your family life and social interactions. It will make things much easier if your friends and family are supportive going into the process.

2. Where Is Your Niche?

Have you identified your niche yet? One of the reasons many businesses fail is that they fail to focus on a target audience. Yes if you are a major discount chain then you can sell everything from peanuts to wallpaper but this type of business requires vast resources that just aren’t available to the small business.

But small businesses dominate the marketplace (creating more than 50 percent of the private gross domestic product last year) by finding a different approach — a niche.

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.

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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.

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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.

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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

POVERTY AND BEING POOR: ARE THEY THE SAME THING

ROAD TO SUCCESS: THINK AND GROW RICH, AS A MAN THINKETH, TAO TE CHING, THE POWER OF YOUR SUBCONSCOUS
MIND AND MORE!!!!!! BY OREGAN PUBLISHING

LAW OF ATTRACTION; SCARCITY NO MORE : POWERFUL TECHNIQUES & STRATEGIS TO DEVELOP AN ABUNDANCE
MINDSET

Poverty and being poor : are they the same thing?
There’s a common notion about poverty and being poor. So many persons believe them to be the same thing. But as a matter of fact these are two different things, they mean different things and represent different things. Pay attention and I’ll break them down for you to understand properly.

POVERTY (to live in poverty).
Poverty and being poor are actually states of mind. Each of them is depends or relies solely on how you see the world that you live in now. Poverty is defined as a mindset that showcases helplessness giving you this sense that there’s nothing you can do about your current financial situation at all.

For instance, there are people who depend on government programs to survive, now if these person’s earn enough money such that they no longer qualify to receive from any of these programs, they tend to mourn their handouts which is being taken away than the financial freedom they just gained.STRATEGIS TO DEVELOP AN ABUNDANCE MINDSET

Someone in poverty tends to make financial and work choices that will always limit their income in order to continue to just receive this free money and services from government.

People living in poverty usually feels they are owned certain money in life. They always have this believe that they should be able to do anything they want in life and still have these needs taken care of by another person. That’s poverty.
A good example is a lady who caters for her family and although she doesn’t make enough money. She somehow goes to the store every day to buy expensive food even when technically she can’t afford it.

She buys well decorated cakes for her kids birthday and eat out almost every day.
Now, She can’t afford to really do any of these things she does but when you ask her why she does them, she will simply go out of her way and tell you that she “deserves them” because of the sacrifices she makes in her life.

This is the poverty mentality.

Even though there’s not enough cash to do somethings, you still do them anyway just because you deserve them.
There is usually no way out for anybody with poverty thinking because they keep sabotaging their own possibilities for improvement and success.

POOR: Being poor.

Now we can talk about the difference between poverty and being poor. The major difference between this two is that any one who is poor acts poor. Someone living in poverty can go ahead and buy things they don’t really need, things they can’t afford and end up hurting their financial capabilities in order to feel good. That person who is poor will never buy what he cannot afford. Why you might ask? Because they simply don’t have money to buy it then!

Poor people easily recognize that they are indeed poor now, cashless and this helps them behave in a quite responsible manner.
A poor person usually appreciates their state or condition and tries their best to leave that state. Don’t mistake it, when i say “appreciate” I mean that they respect their lack of money and what it means to their life just like they would respect fire related properties and what it can do to ones life.

Let’s picture it like this; imagine telling a child not to touch a very hot stove because it can burn. Now someone in poverty will actually feel justified claiming they have the right to indeed touch the stove if they want to. Thinking like this means they get burnt a lot.
A poor person realises the power and strength of this stove and indeed stays clear.

It’s just like deciding to buy a 12 pack of coca cola from a grocery store. To a poor person, this is not a necessity, it’s just a luxury which they stay away from. They sacrifice some of their wants and stick only to their

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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.