HOW TO BECOME A MILLIONAIRE

HOW TO BECOME A MILLIONAIRE

Wednesday 20 July 2011

Five Essential Principles to Succeed in Your Home Business

These are top tips to help you become a successful home entrepreneur. The dynamics of working from home are completely different to running a business away from your home.
If it came to a vote then working from home is the hardest by far would win by miles.
The only easy part of having your office at home could be simply not having to face the rush hour traffic!
Many would-be entrepreneurs will say, "But it is finding out what to do for a home business or finding the money for equipment or learning how to do the accounting. No - it is old-fashioned lack of stick ability! Too many give up too soon. So how do you keep going till you are successful? These are the major difficulties to overcome. Master these and you will be successful! The good thing is they do not require money or special skills.
1 Become Focused
It is essential to stay working on your business in-spite of whatever is happening around.
Many people have worked with constant disruptions and interruptions in the work-place away from home everyday but working at home has different forms of disruptions, noise and problems. For a start it is hard to get those close to you to leave you alone to work. They expect that because you are at home you are available. It is hard enough to sit down and work as it is sometimes with all the distractions without family and friends adding to your problem. It is very much a mindset thing. Another way is imagine you have an invisible cone or force around to focus on the task. You are now in your work frame of mind.
2 Time Management
For many first time entrepreneurs learning to organise the work day is often where they fall down. When you go to work outside the home you have set times usually for morning tea, lunch, etc. Your day is regulated for you but when at home you have to organise your own time blocks.
One idea is to use a hard copy diary that you write in everyday everything you want to do. On each day space there are columns for personal and business tasks to complete. Highlight the main things you must do for each. This is very important otherwise you can easily drift through the day. It is essential to complete the highlighted tasks first.
If you choose to highlight the most important than try to keep the number to approximately six items otherwise it can be overwhelming.
It does not matter whether you use a hard copy diary, your mobile device or online planner, it is whatever works for you. The main thing is to plan - plan - plan. Then do the plan!!!
If you have a written plan for the day, when you have interruptions from those around you, you can show them what you still have to do. They will have to book in with you literally. Be ruthless here or you can find your work time being stolen from you. Think of your time in money per hour value.
The best thing about working from home is that you can work any available time 24/7.
3 Own Work Space if possible.
It is great when you can find office space at home. Some are fortunate to have their own office space where they can close the door and work. It is definitely easier to work if you can do your work undisturbed. This is not always possible for everyone. Sometimes you just have to work where you can find space. Just like J.K.Rowling when she wrote her first books from the local cafe you will sometimes just need to put yourself into a focused frame of mind, switch off anything that is outside your sphere to control to do what you need to do.
4 Dealing with The Dream Stealers
It is one of those unwritten laws that when you work from home you seem to get more negative comments from the people otherwise known as the Dream Stealers. Be aware - when you first start your home business you are very vulnerable to any negative comments. Keep in mind - this is your business - not theirs. Their negativity is from their inability to accept you want to improve your life. It is really their problem not yours.
Learn to ignore their comments.
5 Use Determination and Toughen up
There are many people who have failed enterprises. The reason for their failure often was not because the idea was not good or it was the wrong time or lack of money or talent. No-the main reason for failure was simply that the people lacked drive to see it through. They became discouraged because the business was not instantly successful, it was harder than they thought and they were lacked passion.
If you are passionate about your business you will find the drive and energy. So make sure what you do is something you not only enjoy but love doing.
Make this your mantra "Keep Going Keep Going Keep Going".
Wendy Heyworth lives in Tauranga New Zealand. Wendy has had a successful varied business background from sole operator business to directorship in multi-national businesses. She inspires and empowers home online business entrepreneurs.
Her site is http://homeentrepreneuralsuccess.blogspot.com
Article Source: http://EzineArticles.com/?expert=Wendy_Heyworth

Article Source: http://EzineArticles.com/6431172

Thursday 14 July 2011

Entrepreneurialism Article Category

The absolutely most deadly trap for new entrepreneurs selling their services is sprung when it comes time to state a price. Too many stammer, hem, haw, and underbid in a desperate attempt to land new work. Unfortunately, clients don't want to hire desperate people, they want to hire success. Read on to find out how to price your products and services like a pro.
About Being A Warrior-Preneur - Is The Warrior Within?
Over several weeks I have been sharing the traits a successful Warrior-Preneur develops. See, a Warrior-Preneur is the NEXT LEVEL of entrepreneur!
Don't Like Golf? You Can Still Use Business Golf to Boost Your Business!
We all know the saying that golf courses are where business happens. You might even know that in the US, it's estimated that 90% of Fortune 500 company CEO's are keen golfers.
The Secret of Pricing Your Service Business - How to Create a Profitable Pricing Strategy
Many service-based business owners struggle to create a pricing system that's both fair to their customers and profitable for their business. Here's how to create your very own pricing system that provides great value for your customers and builds your business.
The Top 10 Attributes of a Successful Entrepreneur
The other day, I was thinking back on the numerous entrepreneurs I've worked with over the years and that all the successful ones enjoy defining common denominators. Here's the list I came up with of what I feel are the top 10 attributes of successful entrepreneurs!
Tips for Better Business Golf
If you are like many business owners and entrepreneurs, you have probably found that business golf is a great way to spend time relaxing, while at the same time, building valuable relationships. You have probably even had a deal or two that you can attribute directly to your time on the course.
Business Lessons You Can Learn From Business Golf
One of the main reasons that entrepreneurs and business people around the world play golf is that it allows them to make, and maintain, contact with clients, suppliers, and other important people in their lives. However, what many people don't realise is that there are plenty of other important business and life lessons to be learned from playing golf.
Do You Want to Be Self-Employed? Or Do You Want to Have a Business?
Do you feel like doing the same thing every day restricts your freedom? That you really just want to be doing what you want, when you want and how you want? You probably aren't alone and it's also one of the number one reasons people become self-employed. It's also one of the main reasons that entrepreneurs haven't moved from being self-employed to having a business.
8 Things We Considered Before Starting Our Home Business
Starting a business from your home is a challenge to carefully consider. It is a totally different mindset for many people. Once in a while success will happen by accident, but that usually ends in failure. It must be carefully thought out and methodically worked completely or it will collapse from lack of foundation.
Startup Lesson: 1% Idea and 99% Execution
Starting a business is a humbling experience. While you have to keep your vision and focus, you also have to learn the realities of starting and running a business.
Working For Yourself Vs Working For Somebody Else
There is a fundamental difference between working for yourself and working for somebody else. I get mixed reactions when I tell people "I only work for somebody else three days per week. The rest of the week I work for myself so I won't have to work for somebody else ever again."
Why It Is Highly Advisable To Make Use Of Factoring Receivables
The most common dilemma faced by very many newly established businesses is lack of adequate capital. During the early stages of any business, it is common to spend too much of the initial capital towards setting up offices and logistical planning.
Strengthening Your Value Proposition
Value means different things to different customers and your job is to find out what value proposition is most important to each customer and wherever possible quantify and communicate that outcome. Remember; in a transactional sale, the role is to communicate value, in a consultative relationship the role is to Create Value. Remember what you consider valuable about your product or service will rarely be what your customer considers valuable. Your charge is to identify what your customer wants and needs and strengthen your value proposition around that concern.
To Hire or Not To Hire?
At some time, as a small business owner, you start thinking about hiring other people to help you with your business; however, you are unsure of which way to turn, or what options are available to you. Believe it or not, there are several options available to you as a small business owner; below are some for you to think about when deciding which is best for you and your business.
Leadership Characteristics for Entrepreneurs
Your home business needs entrepreneur leadership. To be successful, you have to become a leader. Here are five activities you need to work on everyday.
Is A Retail Franchise The Right Choice For You?
Do you want to start your own business but don't know what to do? The first thing that I would recommend doing is running a retail franchise but before you do that you need to figure out if it is the right option for you.
5 Situations Where You Should Trust Your Intuition in Business
Intuition, more popularly known as instincts, gut feelings, sixth sense and inner voice is a sense that is present within all of us. It is a valuable tool that can be used in all kinds of different situations in life as well as in business. From decision making to assessing someone's personality to predicting how something will turn out; Intuition is indeed versatile.
Survival of Enterprises: Sociological Preconditions
Survival of an enterprise is the topmost concern of every entrepreneur all the time. Profitability and growth follow, at number two and three. Entrepreneurs are therefore deeply concerned about this aspect when choosing a line of business for their proposed ventures. This article discusses a sociological model of survival of ventures and offers several recommendations on things to keep in mind while choosing a business or line of activity. This can help entrepreneurs make more informed decisions.
4 Ways Harry Potter Will Help Your Business!
Harry Potter has become a multimedia sensation. Everywhere you look, Harry has taken over pop culture. The original Potter fans are now grown up and on their own, with money to spend and children to spend it on. Licensing, Movies, Books, Spin offs... J.K Rowling has managed it perfect, and has become a billionaire in the process!
How To Establish Credibility Without Boasting
If you were to stand up in front of your audience and just start rattling off a list of your achievements it may capture the attention of some, however you'll likely start to see the majority of your audience "nodding off" and falling asleep. Yes, they want to know that you are qualified to speak on a certain topic, but they won't be interested in hearing you boast about your achievements.
How to Balance Your Financial Needs While Starting or Growing a Business
I'm a firm believer that you need to let your business grow a little before you start depending on it too heavily to meet your financial needs. But what do you do if you have no other options, if you started your business because you were part of layoffs?
Tips for Valuable Goal Setting
Here's a question for you to think about: Do you run your business or does it run you? Most people start out with a business idea thinking that when it's successful they will have more time and money to do what they want, yet that is seldom the reality.
The Pioneer of Personal Success Literature Should Be Required Reading for Today's Leaders
One of the great lessons my mentor provided was the importance of constantly studying the traits that make people successful. In this vain, he gifted me a book when I graduated. After years of study and struggle to complete my degree studies another book was not exactly on my list of highly desired possessions. This book, however, was a difference maker in my life.
Time Is Never on the Entrepreneur's Side
Time is never the driven Entrepreneur's friend. The example I cite here is not unique and we see it occur all too often. If an idea is worth pursuing, it is worth pursuing with aggression, a customized Marketing Strategy and with a healthy fear and paranoia of probable competition.
Have You Restocked Your LinkedIn Keyword Pantry Yet?
By now you are probably tired of my concentration on this point. Sorry about that. But the more our marketing plans include Internet-based tools and techniques, the more we have to rely on keywords -- not just which ones but where we put them and sometimes how often we include them.
Business Planning - Some Tips
Some tips to consider when writing a business plan, and the various elements which one should consider. Here we discuss some of the common areas that you should consider when creating a business plan.
The X Factor
What does it take to be a successful entrepreneur? It's not always a matter of having the best skills and ivy league training. Let's look at your business. Where can we find the X Factor or a hint of 'je ne sais quoi' in what you do? One thing is for certain, you definitely know when you have it, or have done something that has a bit of 'je ne sais quoi' about it. People WILL notice!
The Link Between Entrepreneurs and Learners
Real joy in the business world comes with a passion to learn. The success of entrepreneurs is better measured not only by how much their business has grown but also by how much they have learned in the process of reaching that success. The rewards brought by learning contribute to the success of an entrepreneur. But one must understand that the path of entrepreneurs is long, maybe endless, and complicated to which they must endure with pride and pleasure.
How to Write a Business Plan
A business plan acts as a road map to the small business owner. It is a comprehensive document that gives information about the business. It requires information on how it will manage funds and people. It will include the promotion and marketing.
Get People Talking About You!
Wouldn't you love to get your business message out in a big way and create an unpaid sales team? Educate your audience to know exactly how to introduce the right people to your business. Create a buzz in your business so people know you as the solution to their problems. Generating ideal prospects who are raising their hand to do business with you.

Wednesday 13 July 2011

Research and Evaluate Your Idea

2.Many people have great ideas, but their businesses flounder in the marketplace because there
really isn't an audience for their product or service. Thorough research will help support expectations
about a business's success as well as uncover any potholes in your thinking. Ask yourself
these questions:
􀁺 What problem does my product or service solve?
􀁺 Who will buy my product or service?
􀁺 Why will they buy it?
􀁺 Where will they buy it—specialty shops, department stores, mail order, online?
􀁺 What do I need to charge to make a healthy profit and will people actually pay that?
􀁺 What products or services will mine be competing with?
No business—particularly a small one—can be all things to all people. The more narrowly you
can define your business and your target market, the better. So it's crucial that you create a
niche for yourself in the marketplace—it's the key to success for even the biggest companies.
Wal-Mart and Tiffany's are both retailers, but they have very different niches: Wal-Mart caters to
bargain-minded shoppers, while Tiffany's appeals to upscale jewelry customers.
To find out if your business idea has a chance of succeeding in the marketplace and to help you
create an effective marketing plan, you'll need to do more than just answer the questions listed
above. You'll also need to conduct more formal market research.
First, meet with a consultant, talk to a business or marketing professor at a local college or university,
or contact your local Small Business Development Center (www.sba.gov/sbdc). These
sources can offer guidance and help you decide exactly what information you need to gather.
Generally, you'll need to collect information on three crucial aspects of your business: industry
information, target market and your competition

TRY THIS

After repeated attempts at squeezing your square self into a round hole, you've finally admitted
it isn't going to work—you're just not cut out to be someone's employee. You wanna say
good-bye to corporate work and embark on a journey toward the greener pastures of entrepreneurship.
And that's where we can help. Come with us on this 12-step journey toward business
ownership. From helping you think of a business idea to creating your business and marketing
plans, these 12 steps are sure to set you on the right path.
1. Take a Skills and Interests Inventory
Begin a soul-searching process to determine which business is right for you. You'll definitely
have an advantage with a business that's a spin-off of your background or experience. You can
also enjoy success in an area where you have strong interest yet lack experience, though you
may need to qualify yourself through entrepreneurial training or professional certification programs.
Jot down the skills that already exist in your talent bank. What do you like to do with your time?
What technical skills have you learned or developed? Do you have hobbies or interests that are
marketable? It might help to create a personal resume that lists your professional and personal
experiences as well as your expertise. For each job you list, describe the duties you were responsible
for and how successful you were at each. Be sure to include professional skills, educational
background, hobbies and accomplishments that required expertise or special knowledge.
Don't forget the personality factor. Are you outgoing and friendly or do you prefer to keep to
yourself? Do you like working indoors or outdoors? Do you enjoy working with the general public
or with a few close clients? Do you love working 24/7 on an exciting project, or do you enjoy
your downtime as much as your work time? Every business has its own personality, and your
own personality should be a complement to the one you finally choose.
You should also talk with others in businesses similar to the ones you're considering about the
traits and temperaments needed to be successful. Find out what they really like about the businesses
they're running and also what they don't like. Compare their responses with your own interests
and personality to see if there's a fit. Don't stop searching until you find an idea that couples
your love for the work with your marketable talents.

Friday 8 July 2011

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World Internet Usage Statistics and Population Stats Internet Growth History - Internet Statistics



What should this mean for you? It should mean OPPORTUNITY!
It means there is a growing market of business opportunity seekers. Along with the "newbies" (or internet beginners), there are "old folks" (or internet veterans). Old folks also are looking to make money online, but they have battle scars and are more skeptical of things. They know what works, and what doesn't work. Some of these Old folks stay away from online business opportunities (or "Biz Opps") altogether.

Knowing this, you must exploit this fact. You must seek this market out and give them what they want: Information on how to make more money. This information can take the form of a book, a report, and/or a website.