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Maybe you've never heard of MyClickBankBusiness before, althoughI'm not sure how with all the buzz flying around.You've probably...
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Do you have a success dream? Then what are the barriers that are holding you from achieving that your success dream? For you to become fi...
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Whether you are starting a business or looking for new markets for your existing business, our big list of the "45 Best Small Business ...
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Throughout homes in North America, the impact of the home improvement boom has covered every square foot of the house except the most neglec...
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Saturday, September 26, 2009
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Wednesday, April 08, 2009
FINANCIAL SUCCESS DREAM
Then what are the barriers that are holding you from achieving that your success dream?
For you to become financial success, you have to look into these issues:
ü Develop the most important attitude for long-term
ü Financial success
ü Why your past doesn’t matter
ü Time perspective is the key
ü Get onto the high road
ü Action steps
DEVELOP THE MOST IMPORTANT ATTITUDE FOR LONG-TERM
The most important attitude for financial success long-term thinking. Successful people think a long way into the future and they adjust their daily behaviors to assure they achieve their long-term goals. There is a need for you to study the reasons for upward socio-economic mobility so that you will know whether or not an individual or family is going to move upward and be wealthier in the future than in the present.
FINANCIAL SUCCESS
The first corollary law of the Abundance says that, “People become wealthy because they decide to become wealthy”. They become wealthy because they believe they have ability to become wealthy. Because they believe this completely, they act accordingly. They consistently take the necessary actions that turn their beliefs into realities. And you can always tell what your beliefs really are by looking at your actions. There is no other way.
The second corollary of this law says, “People are poor because they have not yet decided to become rich”. So don’t decide to be victims of this second corollary of this law take a decision now.
WHY YOUR PAST DOESN”T MATTER
There are some people been born into the right family, or having the right connections. In every case, there are individuals who had been born with every blessing in life who did poorly. There are also individuals who had been born or come to this country with no advantages at all who had been extremely successful. What was the distinguishing factor?
TIME PERSPECTIVE IS THE KEY
The only attitude that mattered is called “Time Perspective”. Time perspective refers to the amount of time that you take into consideration when planning your day-to-day activities and when making important decision in your life.
People with long-time perspective invariably move up economically in the course of their lifetimes. When you spend weeks, months and years developing your skills and ability and expanding your experience in order to be successful, you have long-time perspective.
The average professional person has a time perspective of 10,15 and 20 years, begin to see that everything that you are doing today is part of a long-time continuum, at the end of which you are going to be financially independent or financial unfortunate. People with short-time perspective think only about fun and pleasure in the short-term. They have what economist call “the mobility to delay gratification”. They have an irresistible tendency to spend every single penny they earn and everything the can borrow.
GET ONTO THE HIGH ROAD
When you develop long-time perspective, you develop the discipline to delay gratification and to save your money rather than spending it. The combination of long-time perspective and delayed gratification puts you onto road to financial independence.
ACTION EXERCISE
First think long-term about your financial life. Decide exactly how much you want to be worth five years, ten years and twenty years from today. Write it down, make a plan. Take action on, your plan every single day.
Second, develop the ability to delay gratification. Instead of buying something on impuse, put off buying decision for a day, a week or even a month. Decide in advance to think it over before you buy anything. This can change the way you spend money almost immediately.
Tuesday, April 07, 2009
Small Business Opportunity: Garage Organizer Services the Last Frontier
GarageTek is the industry pioneer with over 67 franchises in the business since 2000. GarageTek uses patented PVC wall panels providing durability and flexibility in design. With garage organizer installations costing from $1000 to $10,000, the primary market is upscale. Targeting the garage organization market means catering to the affluent male market.
Driving Force: According to Harvard Joint Center for Housing Studies, the Remodeling Activity Indicator (RAI) saw homeowner improvement expenditures increasing again to an estimated $129.3 billion dollars on home improvements and repairs. Driven by low interest rates and a solid housing market, home improvements continue to grow, making the new home improvement category of garage organization poised for more growth.
Risks: This business opportunity is driven by the booming real estate market and the low-interest rate environment. Can this housing boom continue? "Increasingly Americans view houses not primarily as places to live but as foolproof, can't-lose investments. The passionate faith that money poured into real estate will magically multiply is creating a self-fulfilling speculative frenzy that's bound to end badly," says Shawn Tully in Fortune magazine's feature "Is the Housing Boom Over?" Whether or not the boom is a bust, any smart business owner will run some worst-case scenarios to have a contingency plan in place.
Small Business Opportunity: Smart Clothes
Ernst & Young Entrepreneur of the Year Award winner, Kevin Plank, knows performance apparel is the best ticket. Plank has grown his company, Under Armour into a $100 million business. Under Armour is the originator of performance apparel with a line of microfiber clothing that pulls perspiration away from the skin to keep athletes cool and dry during physical activity.
John Barrow found business success in sun protection. Started in 2001, Coolibar offers a unique range of sun protective clothing, sun hats, and sun protective swimwear. The company website explains the benefits of this unique line of smart clothing, "Sun protective clothing is an excellent sun protection tool as it provides a physical block that doesn’t wash or wear off and can shade the skin from both UVA and UVB rays. Coolibar’s clothing differs from standard attire by blocking 97% or more of UV rays and providing an ultraviolet protection factor (UPF) of 30 or greater." The company has even received The Skin Cancer Foundation’s Seal of Recommendation.
Driving Force: A mature industry with most manufacturing moved overseas has left the apparel business in need of creativity and innovation. Consumers are open to ideas that meet their specialized needs.
Risks: The challenge of entering the smart clothing market is selecting a niche that's not too mainstream allowing bigger competitors to swallow market share before you get established. Conversely, a market too narrow can present problems with attaining break-even points and profitability. Success in the smart clothing industry will require the ability to outmaneuver large retailers who influence the apparel business. Selling to select markets (i.e. skateboard shops) and outsourcing the manufacturing process overseas can help to maintain profit margins.
45 Best Small Business Opportunities
Whether you are starting a business or looking for new markets for your existing business, our big list of the "45 Best Small Business Opportunities" will inspire your imagination and point you toward new profit centers. This list is the result of trend tracking, business analysis, and speculation on emerging small business opportunities and trends.
Top 10 Home Business Opportunities
This top 10 best small business opportunities list provides something for everybody, from the hot poker craze to anti-aging spas and smart clothing.
Each small business opportunity presented covers the birth of new industries as well as businesses in the later stage of development. Finding a small business opportunity is only half of the equation to owning a successful company. It's equally important to know if the presented opportunity represents the best for you. Take some time to explore your entrepreneur personality type and match it up with your ideal business.
As an added bonus this year, we have added a poll. Proceed to the last page and vote for the top business opportunity you like best.
Small Business Opportunity: The Business Coaching Craze
Over the past ten years, coaching has gradually risen to a billion dollar industry while outpacing the growth of the consulting business. How does coaching differ from consulting? "Coaches motivate people to action. They help them prioritize their projects and goals. They help them plan their work and work their plan---but they don't necessarily give them the actual strategies to execute, steps to take, business or marketing plans to follow, nor do they give financial or legal advice," states Janet Switzer in "How Experts Build Empires: Developing and Selling Coaching Programs."
One individual to discover the coaching craze is Action International's founder Brad Sugars. Action International has grown to over 600 franchisees who typically target small businesses with $500,000 to $10 million in sales. Action International charges $1500/month on a one-year agreement per client for 1 to 1.5 hours of coaching a week. Training includes a 10 day boot camp and 12 week academy.
Driving Force: Why is business coaching hot? "Over 85% of small and medium-sized businesses fail in the first five years. There is a huge market to help these small businesses. Also, it is not just the tools; it's the accountability that makes coaching work. Most business owners are not accountable to anybody," says Action International U.S. Sales Manager, Richard Bernstein.
Risks: Although the coaching profession has experienced strong growth, coaches can run into the same problems that have crippled consulting businesses. The heavy spending days of corporate consulting has reduced engagements from long-term to short-term with CEO's demanding a better return on investments. Business coaches will have to prove their value to small business owners.
Small Business Opportunity: The World of Business Brokers
Business brokers are the matchmakers of the business world bringing together buyers and sellers of small and mid-sized companies. "The majority of business brokerage firms handle the sale of everything from the corner dry cleaner to the local quick print to the local liquor store – and every thing in between." says Tom West, founder and former president of The International Business Brokers Association (IBBA).
IBBA estimates there are approximately 3500 business brokerage firms in America with surveys indicating that 35 percent are sole practitioners.
The field of business brokerage continues to match buyers and sellers each year. Sunbelt Business Advisors began franchising in 1993. Since 2000 the company has grown from 232 franchises throughout the United States and internationally to over 397 in 2004. VR Business Brokers of Ft. Lauderdale have also experienced rapid growth, adding 72 franchisees over 5 years.
According to Mr. West, earnings in the business broker field are "well above average and a six figure income is certainly attainable for many. Commissions range from 10 to 12 percent of the purchase price with firms charging a minimum fee of at least $10,000 to $15,000, for smaller businesses. The average price of a business that sells today goes for about $250,000 not including inventory or real estate."
Driving Force: Corporate downsizing and aging baby boomers wanting to cash out of their business for retirement provides optimism for the business broker industry.
Risks: Turning potential buyers into real buyers is the challenge of the business. Much like the real estate business, brokers need people skills and the ability to overcome rejection to be successful says Tom West.
Home is where the heart is and more frequently, the business is. The appeal of operating a home business is tantalizing to millions of cube workers who want more freedom and control over their lives.
Best Small Business Opportunities
What's hot? According to About.com Small Business Information Guide, Darrell Zahorsky you can see plenty of booming businesses in anti-aging spas, smart clothes, medical transcription services, business brokering, garage organizer services, business coaching, college admissions consulting, and more.
Best Small Business Trends
From long-term trends come plenty of business opportunities. Based on the longevity, market awareness and potential profitability, the following 4 trends are hot: green power, youth market, quality living, and the Internet.
Top Small Business Opportunities
These new small business opportunities appeal to a wide range of people looking to get into business including pet care insurance, organic foods industry, hot rod accessories, data storage, foot care, and more.
Best Business Opportunities
Many of the best small business opportunities of yesteryear are sizzling today including: information professionals, online gaming, search engine optimization, and contractor referral services.
Small Business Resource Center
Tips on starting up, staying competitive, and taking your business to the next level.
7 Habits of Business Success
The 7 Habits of Business Success
Habit 1. Cultivate Inner Networks:
Entrepreneurs practicing the art of business success know the power of networks. They take the time to identify and build relationships with key peers, mentors, and advisors. This inner network provides support, direction, and an increased number of people to assist. Having an inner network of five people who have a network of five more, grows the network exponentially.
Habit 2. Customer Centric:
Business success requires an unwavering commitment to the customer. This commitment encompasses a mindset of understanding the customers' world. Understanding the customers wants and needs provides the business with a greater opportunity to earn a loyal customer base. Focus away from business and profits, and toward what you can do to improve the life of your customers.
Habit 3. Humble Honesty:
Business success requires the ability to know your strengths and weaknesses. Being open and honest about yourself and your business creates growth as an individual and as a company. Don't spend time developing weaknesses. Find help for weak areas, enabling you to focus on strengths. In the book, "Now, Discover Your Strengths", Gallup Organization reveals that building our strengths instead of fixing our weakness is the path to mastery and success. Take the time to know yourself and business.
Habit 4. Adaptability:
Business success requires the ability to adapt to changing situations. Nothing ever goes as planned. The world of business is full of surprises and unforeseen events. Using the habit of adaptability allows business owners to respond to circumstances with the ability to change course and act without complete information. Being flexible allows us to respond to changes without being paralyzed with fear and uncertainty.
Habit 5. Opportunity Focused:
Problems are a regular part of business life. Staff issues, customer misunderstandings, cash crunches- the list is endless. To achieve business success, look at both sides of the coin. Every problem has an opportunity. Being opportunity focused makes the game of business fun and energizing.
Habit 6. Finding A Better Way:
Productivity is the cornerstone of business success. Formulate the habit of finding a better way to make your business more productive. This will create more time to focus on the critical issues that drive sales and profit. Productivity can be enhanced by technology, automation, outsourcing, and improving business processes.
Habit 7. Balanced Lifestyle Management:
A business can consume an owner's time and energy. It's easy to allow the business to take control of your life. Business success requires the habit of balancing all aspects of your life. Separating time for daily business tasks, profit driven tasks, and free time is a habit that will make your business and life more enjoyable. Take the time to plan each week.
Learning and instilling new habits in your daily business life can have a dramatic effect on your level of success. Review each of the 7 habits. Choose one habit to focus on for a month or until you achieve mastery. Gradually incorporate each of the 7 habits of business success into your life and attain your business dreams.