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e-Wealth Daily Bill Hebden

Bill Hebden
was doing nothing special the day he answered the office phone and heard...

"May I
FedEx You
$50,000?"



e-Wealth Daily Stay Home & Grow Rich

Archives

Tips on Getting and Keeping the Right Employees... Deal with
What Life Has Dealt You... Finding the Benefits of Even the
Toughest Economy... Using More Than Words for Your Info
Marketing Products... and More.

Tips on Getting and Keeping the Right Employees

As your business becomes more and more successful, you are inevitably going to need to hire support staff. Having employees is a great way to take stress off of you -- and to increase your sales and productivity as well.

It makes sense: having more people means that more work can get done in a shorter timeframe. Or so you hope. Sometimes it takes a bit of encouragement to get the best out of people. You have to motivate your employees in order to get the best performance possible from them.

The better your employees are working, the more productive they are, the happier you are, and the more business you are doing overall. Frankly, the old adage is true, "You are only as strong as your weakest link is." The good thing is that you can sometimes motivate the weak links in your operation to improve your business.

Of course, a big motivator is money. If the wages you offer are not competitive, then you will lose your employees to someone else in due time. You have to pay people accordingly for their work. So, before you hire anybody, make sure that you are able to pay them a decent salary.

After you get past the money issue, you have to think about the way you treat your employees. Do you make them feel valuable? Do you thank them for their good work? It may seem simple, but by complimenting your employees, you will boost their morale and make them feel validated.

Even though money might be the number one motivator on the list, people also tend to feel strongly about how their achievements and their contributions to the business are recognized. No one wants to feel like just another employee, so make sure that you encourage your employees and acknowledge their achievements on a regular basis.

If one of your employees goes above and beyond the call of duty for you, you should thank that person and acknowledge the job they did for you.

Create a work environment where your employees feel free to talk to you and to discuss any issues that they might have. If you leave problems on the shelf too long, they are going to get a lot worse. So make sure that you take the time to listen to what your employees are saying to you.

Finally, make sure that your employees are being properly challenged. This might sound crazy, but people really don't want to sit around all day doing nothing, they want to earn their paychecks. So make sure that your employees have responsibilities that match both their experience and what you are paying them.

Finding the right people to work for you can greatly help your business, so it's important that, when you do find them, you are able to keep them working at their best levels. Remember: great employees will undoubtedly improve the success of your business.


Deal with What Life Has Dealt You

I marvel at fate and you should, too. Some people subscribe to the belief that fate is the name for those things that they cannot change. Others do not subscribe to it at all, professing that everything that happens in life is under some form of control. I think that both of these types of people must become frustrated at some point or another when those definitions just don't pan out for them.

I believe that we are dealt situations and that it is up to us to figure out the correct way to respond to them, bring forth the good in them and nurture them into useful, meaningful events. I believe that fate is an outcome determined by our response. And in order for our response to be positive, we need to analyze the way we do a few things.

To be sure, looking at the good moments in life is easy. But many people run from their mistakes, hide themselves away in either guilt or shame. We are all human, and we need to accept the fact that life will deal us blows. The important part is that we review what has happened leading up to, during, and after these events to determine what we could have done differently.

You should never be afraid to look at your mistakes. Everybody gets knocked down, and the only way you truly fail is if you don't get back up. Even heroes fail. Again, nobody bats 1,000. Not Barry Bonds. Not Tiger Woods. Not even the great Michael Jordan made all of his shots.

The key is to take those misses and make sure you learn from them in order to win the next game, the next season. We need to establish changes that will ensure the mistake doesn't transpire again. Set a new course for ourselves; change our behavior, our habits, our way of thinking.

I believe that the most important things you can do to "get back up" from the obstacles that knock you down are: 1) Know that these hurdles are simply the natural course of events; 2) Learn from them.


Finding the Benefits of Even the Toughest Economy

The American economy has seen better days. And it's not unlikely that you, as an individual, employee or entrepreneur, have seen better days as well. If you're worried about the future of your finances through this financial time, there is news you've probably been waiting to hear. And that news is that you don't have to fear becoming a victim of a struggling economy.

The truth is that, by using your business and financial smarts, you can stay ahead of the game to minimize any impact of an impending recession. And don't worry; if you don't think you've got the smarts, you will soon!

During a recession, your customers clearly may have less money to spend. This is no secret. However, even though they have less money, they still have needs. This means you must change your marketing strategy.

Instead of selling your product as a way that will improve your customer's life, focus on how it is essential to your customer's life. Focus on things like how your product can save costs elsewhere and help to mend the pressures felt by recession. By showing the customers that your product fulfills a need more than a want, you can keep business at a steady pace during economic hardship.

Of course, not every business is able to take that approach. For instance, if you're in the clothing retail business, electronics business or any other industry that is not directly linked directly to the daily needs of your customers, it can be more difficult to come up with a ways to offset the impacts of recession. However, just because it is more difficult doesn't mean it can't be done.

If your business can't be portrayed as an essential good or service, then you may want to look into where you're spending money. If you're putting a lot of money into advertising and marketing, look at ways to trim those expenses. One of those ways is to start asking existing customers to refer your business to their friends and contacts. For starters, referrals are a great source of advertising -- and extremely underrated.

When a person receives a reference from a friend or respected colleague, chances are they are more likely to consider it carefully. It pulls more weight than an advertisement they may have heard on the radio, seen on television or in a newspaper. The reference has clout and emotion. The reference speaks from the experience of a satisfied customer, not a sleazy salesman.

On Thursday, I'll offer some other helpful tips to help you keep your cash register ringing through this tough economy!


Using More Than Words for Your Info Marketing Products

Recently, I was shopping around for some bathroom materials. I went to a local shop not far from my apartment. Unlike a lot of hardware stores, the set-up of the place was very interactive. You could walk from one room to the next and browse each of the new models of bathrooms that were available. You could tell that the guys who owned the business had a great design sense and keen interest in showing the public what they had to offer.

This was a good lesson to be learned: it pays to really show the public what you've got. If you have something they can have a gander at, then they can examine it and see what it's about. This will provide a higher probability of them soliciting your services.

Info marketers sometimes get confused by this. Obviously info marketing is a business that is heavy on the words and light on the graphics. But it's a good idea never to neglect a good visual sense, no matter how small, when trying to promote your info products. These days, visual media is dominant in society. Some people work their tails off to exploit it, while others are scared and stay away from it. Info marketers need only incorporate it.

Part of incorporating visuals into your info marketing business is creating a good information marketing "showroom." That is, a certain set of rules to present your info marketing products graphically. Here are some ways I suggest for creating your own info marketing showroom:

--- Your web page: If you got a web page, it, by itself, is a great visual outlet. People can see your business in all of its glory right there on a screen in front of them, like a great catalogue or picture book. But, if that's the case, you have to make it look sharp. I've often written about using tasty graphics and logos to decorate it, but here I will also mention keeping your "products" page up-to-date, with graphics and brief descriptions of each info product you have. It's good to keep this updated regularly and give prospective clients a way to scope out your glossy covers and other appealing visual media in order to seduce their eyes a bit.

--- A good portfolio: More than likely, you will encounter a prospective client or employer who wants to meet with you in person, discuss a job that might be coming up, and maybe even buy you lunch. Whatever the scenario, you should bring along a well-made-up portfolio to really show off what you have to offer. Your portfolio should be in a nice case, organized, and with labels to show your work history. Try to balance the written with the graphic content in your files. Let the prospective party have a good look over it and bring sample copies for them to keep.

--- An archive of work in print and on disc: Along with a good portfolio, a detailed archive is important, too. A lot of info marketers try to sell off or give away any and all samples of their released work. But saving all of your galleys of info on digital file plus at least one copy of your print work is equally important. You can use this stuff to show to prospective parties interested in your service, as well as include work you can revise for future projects that you want to revamp. Writers always get a complimentary hardback edition of their first printed novel and woodworkers keep one sample of their constructions. Do the same -- it can have benefits both now and later.

--- Handouts: I am hesitant to recommend this right off the bat, but if you get established as an info marketer, a good print catalogue, flyer, or even business card is beneficial to give out at social functions. A handout for your business has some brief sentences about what you do and some graphics to display as well. More than anything, it should have your contact info, so people can get ahold of you, either now or later. It's a sort of showroom they can carry in their back pocket and something to consider once you get going with your info marketing business.

Being an info marketer is something that you can really put your seal of personality on, whether it is in your content creation or your product design. Having visual outlets or your own "showroom" is just another way for people to really see what you are all about. If their eyes like it, then you are in for more success. Don't pass it up.

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