Showing posts with label total commitment. Show all posts
Showing posts with label total commitment. Show all posts

Monday, November 3, 2008

I'm Established Now - So Start Planning Your Growth

What is growth: increase: a process of becoming larger or longer or more numerous or more important; "the increase in unemployment"; "the growth of population"

Business refers to at least three closely related commercial topics. The first is a commercial, professional or industrial organization or enterprise, generally referred to as "a business." The second is commercial, professional, and industrial activity generally, as in "business continues to evolve as markets change." Finally, business can be used to refer to a particular area of economic activity, such as the "record business" or the "computer business"

If you've got a profit-making home business on your hands, the next step is growth -- expansion into new markets and new products. But how can you grow when the physical space you have is so restricted?

Remember that business plan you made when you started it all? Well, growing your business isn't that different to starting a new one: you still need to plan ahead, and know what you're doing. Take out your existing business plan and look at what needs to be brought up to date, what still stands, and what needs to be added.

The most important thing to keep in mind when you turn your business plan into a growth plan is this: don't forget your core focus. Tempting as it can be to diversify into all sorts of areas as a way to grow, you don't have experience in these areas -- try to do more of what you know, and keep new things to a minimum.

While running your business, you might have become frustrated with how much more you could do if you just had a little money to invest. Equity finance is a popular way to raise money to invest in a business. It involves you selling a small share of your company to someone who is interested in investing. They don't have to have any involvement in the running of the business, necessarily -- the only real condition is that you agree to give them a percentage of your profits equal to the percentage of your business that you sold them, known as a dividend.

One thing that can be fatal for home businesses is trying to grow too fast. Some people have a tendency to let success go to their head, and will borrow tons of money to expand their business at an amazing rate, only to have a breakdown when they realize that they just can't manage a business that large.

"In Italy for thirty years under the Borgias they had warfare, terror, murder and bloodshed but they produced Michelangelo, Leonardo da Vinci and the Renaissance. In Switzerland, they had brotherly love; they had five hundred years of democracy and peace and what did they produce? The cuckoo clock."
Orson Welles.
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Eugene Rivera is an internet marketing protégé. He is the webmaster of Secrets of Online Success. Learn about all the money making techniques to achieve success on the Internet. Click on our webpage at http://www.secretsofonlinesuccess.info
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Saturday, July 26, 2008

Your Home Business Can Succeed By Avoiding The Later Syndrome?


It usually sickens me when I see people fail in their home business just because of one problem.

Many home business people are discouraged from trying to learn new knowledge or skills that will take their businesses to a new level because of time issues. They already feel that their lives are too busy and they don't see how it is possible to fit more commitments into their already jammed schedules. Other home business entrepreneurs take an overly laid-back approach to business adventure. They sign themselves up for marketing forums and affiliate programs and then don't take those forums and programs seriously. At the end of the month or year they wonder why their business, income and lives has not improved!

This is as a result of the problem of the “later “syndrome. (Never do today what you can put off for tomorrow. Better yet, never put off 'til tomorrow what you can avoid altogether! ) The later syndrome is a very big hindrance to many home businesses. Does your home business also suffer from this syndrome?
What is the later syndrome anyway? This is where a home business owner puts off what he/she should have done today, for a later time. Simply put, the “later” syndrome is “procrastination”. Other people prefer to call it the “tomorrow syndrome” Procrastination can manifest itself in ways as simple as taking too long to write an ezine ad, putting off article submission or letting slide the date when you promised yourself you'd start an advertising campaign.

The later syndrome in our home businesses is something we can be aware of and deal with over time. Procrastination is so lethal to your home business. You should avoid it. The future of your home business depends on you, just the same as with an athlete, an actor or anyone else who depends on peak personal performance to make a living.

That's why everyone who wants to be successful in their home businesses has to take steps to deal with the ” later syndrome” if and when it appears.
How do you deal with the “later” syndrome?

Try to ensure that you be disciplined. If you have scheduled a task to be done today, do it. Do not put it off for a later date or time. In other words, improve your time management skills.

Just remember that success in home business is a result of simple disciplines performed every day. Such simple disciplines include sticking to your work shedule no matter what. For example, if you are supposed to write an article for submission today, write it. Do not give room to any excuses that may tempt you to write it later.

Failure in any home business is a result of cumulative errors in judgment and decision repeated every day. Such simple errors include procrastination (Also known as the “later” syndrome.

Another technique is to create an environment where you can fully concentrate on your work. Not all people can concentrate in a noisy and chaotic environment. So have a well designated home business office with a conducive environment favorable for concentration.

So, if you think you need success in your home business, you should steer away from the “later” syndrome. In summary, you can fight the later syndrome in your home business by following these points.
· Make a list of what needs to get done. This can be listed in no particular order and will give you a handle on just what you need to accomplish.

· Prioritise these. My way of doing this is by deadlines. I arrange them in order of when they are due. You may also choose to rank them by how important it is to get them done. For example, writing an article and submitting it to article directories on time may be more important to your home business than replying to your friends email. Do that first.

· Get yourself a calendar with room to write notes in. I personally use a bound notebook and write in dates as I go. I make pages with dates for long-term planning and also keep a separate list that I transfer my short-term goals to.

· Take what's at the top of your priority list and determine how long it will take to accomplish it. If it's a quick task, put that down to be done the current day. If it will take a longer time, divide it into smaller tasks to be spread out over several days. Write this in your calendar with specific dates for accomplishing each. Include your deadline for completion of this task on your calendar as well.

· Keep filling your calendar until you have a time set aside to do each item while still meeting your deadlines. Be careful to not overbook yourself and allow plenty of time for delays. This will allow you to feel confident that you can accomplish all you need to in the time you have. Now you can relax and work on one item at a time without feeling you have to do it all at once.
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Eugene Rivera is an internet marketing protégé. He is the webmaster of Secrets of Online Success. Learn about all the money making techniques to achieve success on the Internet. Click on our webpage at http://www.secretsofonlinesuccess.info
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Sunday, July 20, 2008

The Advantages of Working At Home


For a large number of people, working at home is the penultimate dream. After all, most of dislike our job; and possibly even are not happy with the amounts of money we are paid for doing those jobs even less. Some of us also have problems dealing with our superiors or even co-workers, who may or may not be good people. Given all these factors, working at home, in the peace and comfort or our own residence, seems like an extremely good idea.

First what must be taken into considerations are all the variables that will be involved in your potential decision if you are thinking of working from home. Just like working outside of your home, working at home carries its own set of advantages and disadvantages. It would be smart to examine closely each argument and examine how much weight such arguments should have on your decision.

Some of the advantages of working at home include:


Being your own boss
: Majority of people resent having to work for the benefit of someone else. We are all naturally selfish; we want our work efforts to primarily be for our benefits. Being the employee, the efforts you put forth mainly benefit the company that you are working for and your boss. You will receive a salary. The wages you will receive do not really compare to the full value of the effort you had put forth along with the quality and services that you rendered.

Being in charge of your own time: You will have flexible and varying working hours. It is frustrating to have your time subject to the caprices of others. How many times have you missed family sports events or other special occasions? Now your schedule allows for the flexibility so you can be there. You will be in control of your time when you work from home. You will be able to do what you want and when you want.

Solitude: You get to work alone. There are no other people around who can distract you from what you are doing. You will be able to work without the disturbance from co-workers that so happens in the work place.

Possibility of large gains: As stated before, when you work for a salary, you only receive a portion of the value of your service you put forth. But if you own your own venture and are working at home, you not only reap the fruits of your own labor, you have the chance of receiving fruits from another’s labor, such as if you have your own employees. You alone will be accountable for your business to succeed. The effort you put forth, along with the quality of the products and services that you provide will be the main determining factors that contribute to your home business success. If you want to make more money, you simply do more work, sell more products or adjust your business to become more profitable through some factor. If your business takes off, than you have the opportunity to earn more money in a year that you otherwise would have received throughout your entire lifetime had you stayed with your regular job.


Being able to choose your associations
: Not being stuck in the same work place means you will not have to put up with people that you can not stand. Instead you can choose the clients that you are working for and ignore the ones that are not as relevant.


Work place in your own home
: No more commuting to your job. You will be able to get up when you want, shower and dress how you like. You will be able to conduct your work anywhere you like whether it is at the kitchen table, outside on your patio, in your living room or even on a tropical island. You also will have no need to go out for lunch. This saves time and money. There will be no more brown bag lunches.

Now working at home is not a financial cure-all, In fact, you can expect to have a hard time, especially at the start. However, as long as you stay focused and do the work that you have to do, you can expect your venture to grow. Your profits will grow as well.
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Eugene Rivera is an internet marketing protégé. He is the webmaster of Secrets of Online Success. Learn about all the money making techniques to achieve success on the Internet. Click on our webpage at http://www.secretsofonlinesuccess.info
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Friday, July 18, 2008

Information Overload


The good news; at last, you have achieved your dream. You've escaped the traditional, away from home work force and are now self-employed whether it be part-time or full-time. Now, the bad news;You are now self-employed. It is both good news and bad news. That is, if you are not prepared to deal with the information overload. There you sit, in your spiffy new office - whether it's in the corner of the sitting room or in a converted bedroom surrounded by your equally spiffy new toys...your computer, desk and some strategically placed shelves. Your new multi-function center will print stuff, fax stuff and copy stuff. (It won't hang out the washing, but hey, you can't have everything.)

You've even got work coming-in and the immediate worry about making a living has vanished. Hooray! You really *can* work from home! At first, working at home is pure bliss. Then you get a week when everybody and their dog seems to want your services. After putting in a few late nights, you meet all the deadlines and think; phew...I'm glad that's over! You decide to relax and give yourself a day off. After all, you worked all through the weekend and earned it, right?

Unfortunately, the following week you find yourself off to a bad start trying to make-up for your day off. Before you know it, you find that you are dropping further and further behind. You reflect gloomily that when you were working for someone else, at least at the end of the day you were finished...what didn't get done didn't get done!

Well, it's time to take heart and set a few simple strategies in place that will keep you in control of your time...and your sanity.


=== 1. Do NOT Accept Any New Work This Week. ===

Take a good look at what you have on your plate now, and carefully plan the week ahead. Your aim is to regain control. Tell new clients that you are fully booked, but you can put them on a priority list to be phoned next week. (This will not only allow you to catch up, but make your services appear highly in demand.)


=== 2. Build In Time For Leisure and Rest. ===

Not only for this week, but EVERY week. A half hour walk; a twenty-minute break in the sun with a cup of coffee; a quick swim or a movie outing with friends - all these activities can recharge your batteries. You will find that you can achieve far more when you are rested and alert. (How many times have you sat at the computer staring at the screen, achieving very little, because you're over-tired?)


=== 3. Tackle Urgent Tasks First. ===


If you're behind, your first step must be to contact all clients and arrange firm new deadlines. Make sure you base these new deadlines on what you CAN achieve, not what you HOPE you can achieve. If any existing client needs your services or products urgently, bump them up the queue.


=== 4. Prioritize Remaining Tasks. ===

Scrap anything that is not essential, and delegate what you can. Consider involving family, business associates or friends to handle some tasks. (Warning: do not hand over tasks that must be carried out only by you as the principal of the business. Your reputation is important.)


=== 5. Set Achievable Daily Goals. ===

If you finish a task ahead of schedule, begin the next... but adhere to a definite cut-off time each day. What you are doing this week is establishing a system that will continue to work for you.

Getting out of trouble when your business is in overload is just like getting out of debt. Your business rating is similar to your credit rating - nothing can be gained by denying that a problem exists. Nothing can be gained by slipping deeper into the mire. Call a halt; contact the main players; set workable strategies in place and you can quickly regroup.

Before you know it, your home business dream will be on track once more.
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Eugene Rivera is an internet marketing protégé. He is the webmaster of Secrets of Online Success. Learn about all the money making techniques to achieve success on the Internet. Click on our webpage at http://www.secretsofonlinesuccess.info
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Saturday, March 15, 2008

The Birth of a Successful Internet Business: Part One of Ten -- Soul-Searching

Developing a successful Internet business is the ultimate goal of the Internet entrepreneur. However, statistics show that most Internet businesses never make any real money.

Making money on the Internet isn't easy -- it takes a great deal of time and effort and requires a total commitment. You must be completely passionate about your business and have a sincere desire to succeed. Anything less will be a complete waste of your time and will most likely result in failure.

You must also realize that success isn't going to happen overnight. There will be many obstacles along the way and a great deal to be learned. However, anything worth having is worth working towards and won't come easy. There will be many long days and sleepless nights. However, if everything falls into place, and you plan each step very carefully, the end will justify the means.

The largest obstacle you will ever encounter is fear -- fear of the unknown -- fear of change -- fear of failing. Fear is the root of failure and prevents dreamers from living their true passion. They fail to try.

Above all else, you must take the first step to overcome your fears. With each step you take, you will become a little closer to achieving your dreams. As long as you keep trying, you'll never fail.

There are many common characteristics shared by successful Internet entrepreneurs. Below are some of the most important:

Set Your Goals

Set your goals and write them down on a piece of paper. Set short-term reachable goals and long-term higher goals. However, don't set them too high, as this will cause you to become discouraged if you don't achieve them.

Work consistently towards accomplishing your goals each day, each week and each month until you reach your short-term goals. When you have attained your short-term goals, set them a little higher each time. Ultimately you will achieve your long-term goals.

Self-Disciplined

Get up early each day just as if you were working outside your home. You have to take your business very seriously and be completely self-disciplined.

Self-Motivated

Set up a daily schedule and stick to it. Your own personal drive will have a great impact on your success. You must have the ability to work independently and stay on task.

Positive Attitude

Your attitude is one of the most important factors that will determine your success. Your attitude will either guarantee your success or guarantee your failure. If you have a positive attitude and believe in yourself above all else, you will succeed.

Organizational Skills

Create a list of all the things you want to accomplish during the day. This will give you an organized approach to each day.

Attention to Detail

Whatever you're doing, do it to the best of your ability. Pay close attention to detail. Nothing is ever going to be perfect, as you're only human. However, if something is worth doing, it's worth doing right.

Developing your own Internet business is one of the most difficult, yet rewarding experiences of a lifetime. It is a continuous learning experience and will be filled with many valuable lessons you will carry with you for the rest of your life -- some good, some bad, but lessons still the same.

Although there aren't any shortcuts to achieving your dreams, there is something you can do to speed up the process -- Don't try to reinvent the wheel. Follow in the footsteps of successful Internet entrepreneurs who are already successful. Not only will you save yourself a lot of time and money, but you'll also have a road map to success.

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Eugene Rivera is an internet marketing protégé. He is the webmaster of Secrets of Online Success. Learn about all the money making techniques to achieve success on the Internet. Click on our webpage at http://www.secretsofonlinesuccess.info