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Starting A Business

One Question Everyone Should Ask

The Question: What does an entrepreneur need to become successful? The one thing needed for an entrepreneur is undying faith that they will succeed and triumph over any obstacle. Anyone can become an entrepreneur that is willing to take inherent risk to change their lives.

The Business Plan: What is a business plan and how can it help me become an entrepreneur? Any Business has a written plan of attack that should include the following steps.

Company description (Legal, History, Start up Plans etc).

Products & Services.

Market Analysis.

Strategy & Implementation.

Web Plan Summary.

Financial Analysis.

Once you have written your detailed plan then organize it into the format that is easy for you to implement. Plan your attack then attack your plan every day until those small success’s starts compounding until you have achieved your financial goals. The business plan can change as you grow and should never stay the same because what got you to this point will not get you there. Keep digging deep down inside and pressing forward to improve your process every day.

The Leap Of Faith: With any business idea, venture and new job comes with a leap of faith to make a life change. I read sometime back a brilliant and successful millionaire state (Robert Kiyosaki )”that everyone has brilliant ideas that are never followed up on.” How many times in your life have you thought of a new invention or had an idea. Then several years later someone invented the exact same thing and sold the idea for a pretty penny. Well, I think that happens to every one at some point and we could have sold the same idea, but just did not take that leap of faith. Being an entrepreneur is taking those brilliant ideas and capitalizing on that idea for a profitable venture. Starting a business, working from home, or becoming an online business owner is the true nature of an entrepreneur taking action today not tomorrow. If you are looking for something better in life then jump out with faith and become that person you want to be. The Vehicle: The vehicle that you choose to become and entrepreneur is up to you and only you. Choosing the right platform or business to start is completely up to the person. If you have wanted to start a restaurant, then take action today. Start by finding out the details of cost and how much capital you will need to start. If you want to be an online entrepreneur then begin by searching what products, skills or business that interest you and find someone that is successful in that field. Speak to that person and find out how they achieved success. Learn from those that have done what you seek and duplicate it, or if it has not been done then do it. Plan out your business and then take action every day to accomplish your goals. The vehicle that you choose should fit your needs and goals for you to be successful. I chose a marketing and training platform that gives me:

Platform for any product line.

Contact with successful people from my field.

Easy to follow process.

Automation & Tools.

Support staff and Business Coaches.

That is just a few tools in my back office and allows me the opportunity to take my business ideas into reality. Choosing a business model is based on your business plan and how you want to implement your plan.

The Risk: Everyone in their life takes risk and learned valuable lessons from those risk. I personally have taken risk and will continue to take that leap of faith because the end result will always change. Think back in school at what are parents tell us at an early age. Be careful, watch out now, don’t do that because you will get hurt. This type of directions sometimes stifles the very entrepreneur in each one of us. During our early years we see everything as possible until we give in to fear. We as human beings learn are whole life from our mistakes and the difference between being successful and failure is almost the same thing. Even if you fail at any business venture or job you will always take away valuable experience that will help you with your next step. Really, life is about making choices and lets face it we all make poor choices through out life. Even millionaires have stated “they took away valuable information from failure, which made it possible for success later in life.” So, when you think back on your life and see a failure, I see an experience that has taught you what not to do. Failure is really a small victory and should be examine so you make improvements on your process to achieve …

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Starting A Business

A Business Plan Gives You Four Big Advantages

A business plan is not just for large corporate organsiations. It’s essential whatever your business size or stage of growth. Whether you’re starting out, with just the seed of an idea, or have been in business a number of years, a well-crafted plan will capture your vision and purpose, products and services, revenue targets, support required and actions to make it a reality.
As Mark Spillman, of cosmetics company Bare Escentuals says…
‘We’ve experienced significant growth over the last 4 years. From a small company we’ve now become a leading company in the UK premium cosmetics industry. This growth has, of course, been achieved with great people and great products but essentially it’s been achieved with well-crafted co-ordinated business plans that include all aspects of our business, from operations through to customer service.”
It really is a blue print for success and like a vision board you can bring it to life with pictures, quotes and inspiring goals… so that it becomes your own personal and practical guide to making your dreams a reality.
Here are just 4 big advantages to having a written business vision and plan…
Benefit # 1. It provides you with a bigger WHY. It’s easy to become exhausted with the day to day busy work of running a business and there probably will be times when you wonder ‘is it worth it?’ By having your purpose, vision and plan to hand you can reconnect with the real reason why you are in business.
Benefit # 2. A business plan maps out a clear route for where you’re heading which you can refer to, review and adjust as you progress. Think of it as an important destination that you’re setting out on. Like most holidays or trips, for example, you would work out in advance where you are going, how long it will take to get there and how much it would cost. Having this information will get you to where you want to get to faster than trying to figure it out along the way. Then once you set out you can make changes and course corrections when circumstances change or obstacles appear.
Benefit # 3. It acts as a benchmark against which you can assess what’s working and not working in your business before you run into problems. If you’re not meeting your revenue targets, or a particular product or service has not taken off, by referring back to your plan you can review your pricing, marketing and product mix to work out the changes you can make to get you back on track financially.
Benefit # 4. Your plan provides the template for you to work out different strategiesto adopt to move your business forward. One strategy may be to grow your client database or list, so that you can raise your profile and visibility, or you may want to focus on retaining existing clients by introducing new products or services and increasing the level and quality of service provided. Concentrating your efforts in this way will speed up your results.
Much has been written about the law of attraction and the power of positive thinking to manifest your dreams but your visioning needs to be backed up with planning and action to make it actually happen.
By investing a small amount of time upfront in preparing your Business Plan you’ll be amazed, like Mark Spillman, at how quickly your business can take off!…

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Starting A Business

Execute Your Best Small Business Ideas

Making money online is very easy yet some people find it very hard. There are many ways to make money online e.g affiliate marketing, information marketing, domain marketing, Google AdSense etc. But article marketing is another money generating system. Online article marketing is a lucrative way to make money online and people are yet to understand the business.
Getting one way links to your website from relevant sites will make you more popular with the search engines. Writing articles, posting in relevant forums and getting listings in website directories can all increase the amount of links to your site.
Of course, viability alone will not yield immediate success with any small business ideas. Solid business plans, marketing strategies, capitalization, and time investments all play a vital role in turning those ideas into successful, realized businesses. However, all the planning, marketing, money, and labor in the world can not make ideas that aren’t viable successful. Keep that fact in mind when you brainstorm your small business ideas!
A goal is essential when you want to reach your destination. To be effective your goal must be specific. Your final goal will be reached via many smaller achievements. Your goal is a destination, and you can’t get there without knowing where it is.
We don’t want to learn how to do something anymore, we just want to be able to do it. We don’t want to just make decent money, we want the jackpot. We want to master money and success. And we want it now.
There are all kinds of ways to make money online. Unfortunately, some of these involve rather dodgy websites that ask for your money before you have any chance of earning anything. Like virtually every area of our lives, the internet is full of scams that you need to be aware of.
It’s very simple really. You write an article and submit that article to free online article directories. It’s easy to do, doesn’t take all that long, and can increase the amount of traffic to your website.
What happened in 2007? People found out that article marketing does work, and now, the competition is really fierce.
Many people have found that when you factor in the financial and the human elements that they need to make money but their family life would be better if they could stay at home. That is where work at home businesses come into such great favor. They are a hybrid, a wonderful compromise between having a job or just staying at home. Even if you don’t have kids, the ability to make as much as you currently do at a job or more but staying in the comforts of your home is your personal piece of heaven.…

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Starting A Business

What Separates Your Company From the Competition?

Before you embark on your journey towards starting and operating a successful business, there are a few things you should consider. Investors and lenders want to see in your Business Plan that there is something about your company that differentiates it from other established businesses within its particular market. The distinction could be in the form of a new product or service in the area, a new design for an existing product, or a diminishing product or service with a new “twist” aimed at revitalizing its profit margins. A substantial amount of research should be done on existing companies within the market to inquire as to whether or not they have product lines in place that far exceed the manufacturing capacity and creativeness of those that you intend to establish. Unfavorable outcomes obtained from research should not serve to deter business owners from pursuing their goals, but rather as awareness as to the pitfalls that they could encounter in doing business in that particular market. Ultimately, the research will enable the company management team to make the appropriate adjustments.
Another characteristic of a company that has the potential to separate it from its competition is how the company incorporates community involvement into its culture. In order to do business effectively within a community, employees and management personnel must recognize that the organization has a responsibility to the community to give back in an agreed upon fashion. Not only does community involvement provide a means of establishing relationships, it may also give citizens the incentive to do business with the company at a favorable point in time. Every relationship established serves as a business opportunity that when conveyed in a Business Plan informs potential investors and lenders that a company has the wherewithal to attain customers.
Although market research and community involvement are key in solidifying a place in the market, it is somewhat more important that the intended market is large enough to sustain substantial profits. Funding sources expect to be reimbursed for their investment and without favorable projections they will not provide resources for business start-up or operations. Therefore, if during the initial phase of market research it is concluded that the market is not large enough for generous profits, entrepreneurs should explore alternate locations.
This article serves as a means to stimulate thought about some of the “pitfalls” that may be encountered during the start-up phase of any company. Starting a business can be a daunting yet rewarding task. It is recommended that future business owners seek the assistance of a professional Business Plan Writer in order to not only create a well written Business Plan, but a “blueprint” for success that includes clear-cut guidelines as to how a company will reach its goals, overcome adversity, and maximize profits.…

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Starting A Business

What Every Successful Sales Representative Knows

Everyone is engaged in sales at some point in their life. It’s usually during a job interview when you’re trying to get the interviewer to see that you’re the most qualified candidate. When you work as a sales representative, you are constantly engaged in sales because the process of selling a product or service begins immediately. It seems as though some people are just great at selling things. That’s often because they understand the principles that all successful sales representatives follow. As it turns out, it’s not as difficult as you might imagine. To some degree, it boils down to be a likeable person.

In this day and age, selling products and services requires you to have the tools of the trade to succeed. You should have some type of mobile app for sales to ensure you’re able to effectively manage customer relationships and fulfill the administrative components of your job. However, there are important principles that must be followed if you expect to reach your sales quotas. For starters, you must be willing to listen to your customers. While this might sound like a no brainer, you’d be surprised by how many sales reps are more interested in talking than listening. That’s always a mistake because customers want you to hear what they have to say. In fact, they care much more about you hearing them than almost anything else. It’s because they want you to fully understand their needs.

There is a common belief that if you smile the whole world smiles with you. That’s because something as simple as a smile can change the way people view you. A smile is in fact the ultimate first impression because it can be disarming, especially if a person is having a bad day. Quite frankly, there’s nothing worse than a frown when you’re selling to a customer because it can act as a repellant. A smile is something that you can wear every day to draw customers in for an engaging conversation.

Something happens when you’re around people you know that doesn’t happen when you’re around strangers. You start to feel more comfortable and let your guard down. A way to achieve a similar feeling when engaging with customers is by using their name. It’s a way to establish a sense of familiarity and cause the person to feel more comfortable. In fact, this also applies to employees and prospects. If you’re not good at remembering names, it’s something that you should practice. Fortunately, Smartphones enable you to capture names, images and customer information that can make connecting with your customers a lot easier.

These are all principles that every successful salesperson knows and practices on a regular basis. It becomes second nature and simply a way of being when you interact with anyone on a professional level. To some degree, it’s simply about being a person that others like. While it isn’t a popularity contest, being respectful will make you popular and that will take you far in sales.