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How to get someone else to pay your bills

A $50,000 check for doing nothing?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Archives

September 28 , 2008

 Get Help...Get More Profits... Deal with What Life Has Dealt
You... Is Your Business Newsworthy?... A Lucrative Home
Business...

 

** Get Help...Get More Profits
By Adrian Newman, Founder of e-Wealth Daily

It's a pretty fair assumption to say that not every entrepreneur is an expert in every aspect of business. If you're a small-business owner, you will learn your strengths and weaknesses pretty quickly — and you will also learn the value of hiring good help.

The problem is that hiring someone on a full-time basis can be costly. In fact, many small-business owners end up going it alone, which means that they have to deal with the areas they're not as strong in. "Outsourcing" has become a very popular term these days, as small businesses grow and the need for expertise and cost-cutting grows along with them.

Outsourcing the help you need to an independent consultant can save you a lot of money and gain you the expertise that you desire. This can be anything from web design and e-commerce help to marketing help and administrative assistance.

With this option, you'll get someone who has both experience and specific skill sets. Plus, you can hire them on a contractual basis, so if they don't work out, it's easy to let them go. You might only need certain tasks performed once in a while, so why hire someone full-time or even part-time when you can hire them just once or twice?

By hiring a consultant, you don't have to worry about paying him or her a salary or benefits, or having to deal with the hassles of setting up your business to take on an employee.

You get the task you need help with performed by an expert and you pay only for what you need to have completed at the time.

Say, for instance, that you land a huge client. You might need an extra person to take on an administrative position. You can hire a "virtual" assistant (a consultant who does the work online as opposed to from your business location) for a short period of time to help you get organized and put together your project.

You might be starting out and might not know a lot about web design, for example. You can outsource help in order to get your web site up and running, as well as get it set up with e-commerce capabilities and everything else you need to take orders and payments online. You might need this person once in order to help you get started, or you may need them a number of times, but not frequently enough to constitute hiring them on full- or part-time.

There are a lot of independent consultants out there looking for work. They come cheaper than hiring a large company's temp or taking on a full- or part-time employee — and they will still be able to do the work that you need them to do.

Keeping costs low is extremely important when it comes to running a small business — and just as important is being able to keep up with the bigger companies in terms of quality and expertise. Outsourcing work could be the option that you need to take advantage of in order to get your business running more smoothly. It could help your business flourish without your having to spend a ton of money.

 


** Deal with What Life Has Dealt You
By Doug D'Anna, the "Hundred-Million-Dollar Man"

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.

 


** Is Your Business Newsworthy?
By John Hurd, Chief Wealth Researcher

Every morning, I check out the news looking for interesting tidbits at home and around the world.

One day, I'll read about the latest scientific discovery and then, the next day, I'll get caught up with elections and debates. I also find it a pleasure reading the smaller news items about local events and, more often than not, about local businesses.

Now, getting your business in the news may sound like you need to be doing some life-changing stuff. However, that's not quite necessary; in fact, getting your business in the news may be easier than you think.

For instance, a friend of mine runs a small yoga studio. She has a good number of students, but wanted to expand her customer base. So, she decided to offer yoga classes for children.

However, telling her neighborhood about these new classes started off as a bit of a challenge. Her advertising budget was too small to take out any ads. But she didn't want to give up.

Well, she knew that many of her students also read the same newspaper. So, she called up a reporter and will soon have a short article about her new children's yoga classes.

This simple trick to increase her exposure to potential students is not only effective, but it's also basically free.

Promoting your business doesn't need to be complicated or scary. Simply get the word out any way you can; if you're loud enough, the right people may just hear your message.

 


** A Lucrative Home Business
By Michael Newman, Self-made Millionaire

There is a business out there that is lucrative, fun, exciting, and cheap to start and, most importantly, it provides entrepreneurs with the ability to make a number of products that can generate a continuous cash flow. In addition, the barriers to succeeding in this business are almost nonexistent. The business is information marketing, and it has made lots of money for lots of people.

What you need to get started in information marketing is an idea, skill or knowledge in a particular field. That's it. So, for instance, let's say you've been working in sales for the past 15 years and over that time you've developed an understanding of the various techniques and intricacies involved with closing deals. Clearly, you have skills and knowledge in a field that is quite popular.

Well, to create an information product, all you have to do it take those skills and package them in a book, report, series of reports, or any other medium you please. The thing is, you don't even have to be writer to accomplish this, and you don't have to drop all kinds of money on production. All you have to do is create an-easy to read, straightforward manual and print it off cheaply from home, or at a store like UPS.

Actually, you don't even need to print it off. You can distribute the products online as e-books and use an e-mail newsletter to reach your audience.

Info products don't need to be examples of perfectly written English. All they have to be is readable. Your customers aren't looking for an entertaining read; they're looking for information about how to do something. And the beauty is that there is really no limitation on markets. Whatever your interests are, there is likely a market for your product.

On Wednesday, I'll talk about some of the income potential for info products, as well as some of the hot topics sweeping the industry.

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