Tag: business

10 Important Tips to Create Focus in Your Life

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Have you ever had trouble starting something or maybe struggled to finish something that you have started? You’re not alone. All of us at one time or another experienced this. Not being able to concentrate on a specific goal or task at hand or even figuring out the correct course of action to take.

So, how do you know if you have a problem focusing? If you have tasks or projects that you have not finished or lost interest in or simply did not follow through on, you have a lack of focus.

A repetition of these experiences can often make you feel like a failure because you just don’t seem to be able to accomplish anything meaningful. However, this is not the truth.

If you learn to focus properly, you have the ability to become successful at anything you do. It is a skill you can learn.

Why is focus so important?

Focus helps you to do the following:

1) Set Clear Objectives
2) Take Action
3) Identify Specific & Productive steps to take
4) Keep Track of your progress
5) Avoid Distractions
6) Work Efficiently.

There are 2 types of focus what I call Big Picture (broad) Focus and Action Steps (narrow) Focus.

Big Picture (broad) Focus is seeing the big picture. Looking at the vision, dream, goal or project from a distance allows you to gain a clearer idea of what you want to achieve and the best way to make it happen.

Ask yourself the following:

1) What do I want to accomplish?
2) Why do I want to accomplish it?
3) What will such a vision/ dream/ goal /project do for me or allow me to do?
4) Is it challenging enough to be worth the effort?
5) Is it realistic & achievable?
6) What possible obstacles might I face as I pursue this vision/ dream/ goal /project?
7) What types of challenges might threaten my focus & what can I do about them?
8) What steps can I take to ensure I stay motivated?

Action Steps (narrow) Focus means taking one thing at a time. Once you are clear on your big picture and assessed the challenges, possibilities and threats, it’s time to narrow your focus on the steps you need to take to bring your vision, dream, goal or project to fruition. Take one step at a time and only focus on what needs to be done.

So, it is crucial that you have a clear and detailed plan of action.

However, you can have the best vision and plan, but without taking actual action nothing will come to fruition. This is the reason why I call narrow focus, Action Steps Focus, because you need to take action and execute every step of your plan.

What you focus on, you create in your life. So, it is critical that you focus on things that are worthwhile and will improve your life.

The 10 keys to creating focus in your life are the following:

1) Your commitment to your vision and the process (the action steps) which is essential to create the necessary focus and motivation to keep you going.

2) Set achievable, measurable and realistic goals or steps. As you achieve your action steps, it will inspire you to move towards the next step.

3) Stay focused on the positive and pay attention to the benefits and gains you achieve along the way with each action step.

4) Keep improving your focus by working at it every day.

5) Without enthusiasm you might not find the journey interesting enough to continue. When you first set your goal or vision, enthusiasm gives you the zest or “oomph” to tackle things head on. As time progresses, it is natural to lose some of the “oomph”. However, if you learn how to keep yourself enthused and recommit regularly to your goal or vision, you will be adding fuel to carry on. Positive Self-Talk also helps you to stay in the “oomph” mode. So, get excited about what you are doing and working towards.

6) The saying “Your attitude determines your altitude” means that with a positive attitude nothing will ever seem hopeless or a waste of time or even too big a challenge. If you do encounter a setback, you will get right back up and move on.

7) Focus takes tremendous self-discipline. You have to be strong enough to stick to your plan, track your progress, be objective to change it if necessary and execute it daily. You have to be dedicated to avoid temptations and self-doubt, negative thoughts but still be flexible if the unexpected happens.

8) Avoid Procrastination. Procrastination is like a thief stealing your results. If you tend to over think things before doing; stop. You’re doing yourself no favors and you will set yourself up for failure.

9) Be consistent. Consistency is absolutely crucial to your focus. Spending 30 minutes (or an hour per day) on your action steps, brings your vision closer every day. 30 min or an hour every day seems insignificant but in a 5-day period equates to 150 min or 5 hours spent focused towards your vision.

Example:
It’s like exercising for 20 min per day or brushing your teeth for 3 min per day. Done consistently every day calculates to 140 min exercise in a week and 21 min brushing your teeth. If you do it daily, it is not much of an effort and you get the benefit of improving your fitness level every day & having fresh breath. However, if you exercise once a week for 140 min or brush your teeth only once a week for 21 min, you will certainly not get fit and your teeth will be full of plaque and your breath will not smell great!

10) Tenacity is perfectly explained in the saying “Quitters never win and winners never quit!”. Creating and keeping a strong focus is hard work but is a skill that will serve you for the rest of your life. Believe in yourself and your ability to succeed at whatever you do.

Therefore it is extremely important what you decide to focus on and work towards. So, if your vision, dream, goal or project is very important to you and you keep the 10 keys to create focus in mind, you will achieve success.

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Starting an Online Business, 7 Things You Should Do

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Starting an online business is an altogether complicated thing to do. Many have failed because of the inability to cope with the downs and ups, attributed to a lack of foresight and planning.

To have a better shot at success, here are 7 things you should do:

1. Do your homework.
When starting an online business, preparation is crucial. Think of it like cooking: you start by preparing your ingredients. Without doing any research, the consequences that await you are dire. Research who your customers will be, your product, and what people are willing to pay for your services. Give yourself a good start by preparing before the real business begins.

2. Plan with data
Do not plan unless you’ve done your research thoroughly and gathered data. You need to have sufficient data before you can even start to make out a plan. With data, you’ll be able to come up with a recipe for success that will likely work – and sell.

3. Worry about the money
Money is what sustains a business, and without it you’ll never be able to make your business stand up and. In business, there is always a chance that you’ll run out of money before you can even make a profit. Plan out your financial goals in advance, don’t wait until it’s too late. Have a safety net or contingency plan already prepared in case something happens.

4. Setting the price
This is something you must avoid, for this means the business is not working. Set the necessary price to be able to make a decent, worthy profit.

5. Have a friendly, catchy domain name
Your domain or web address is an important tools for online businesses. Your customers’ first impression will rely heavily on how your website works and looks. You must have a clear and simple navigation so that your customers can browse leisurely. Another important thing is to ensure the web hosting of your website. Choose a trustworthy host to avoid downtime.

6. Consider SEO and branding, and being active on social media.
Make your online business work by generating massive amounts of web traffic. Facebook, Instagram, Tweeter and Pinterest are good places to start.

7. Value Customer service and experience.
Remember customers are looking a good buying experience as well a good product. Make them feel welcome to share their concerns.

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The 6 limiting factors of every business

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This is a concept that has helped many thousands of people – from all around the world – take their businesses to the next level. And I want to do the same for you too. If fact, if you run your own business (or aspire to run one in the future), I want to make this article is one of the most important one you’ll ever read.

I’m not usually one to make big statements like that but I mean it. I want to share with you what I call..

The 6 Limiting Factors Of Business

Understand, this may be a little longer than you’re used to but that’s only because it’s jam-packed with value that can help you start, or grow, your business.

Because no matter what business you are in (or plan to be in)..

1. Flower Delivery.
2. Social Media Marketing.
3. VR Development.
4. Business Training.
5. Fashion.
6. Car Sales.
7. Cheese Sculpting (it’s a real business btw.. google it)

No matter what business you are in, the success of your business is currently being limited by these 6 factors. EVERY business is limited by one of these 6 factors. This includes my business. Your business. Everyone’s business. Yet, most people in business aren’t even aware of these 6 factors. I want to give you the ultimate advantage here today.

So, what are these 6 limiting factors?

1. Production
2. Distribution
3. Team
4. Finance
5. Marketing
6. Demand

Before we go deeper into how these 6 factors affect your business, let me clarify that no matter whether your business is online, offline, or both and no matter whether you a product-based business or a service-based business either way, ALL 6 factors apply to your business (which will become very clear to you in just a moment)

Let’s go through them.. (and how you can use this to grow your business)

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1. Production
Production is your ability to produce a valuable, sell-able product that you can then take, sell & distribute to customers. Production includes your; factories, warehouses, patents, other intellectual property, the product itself, equipment, computers & software, automation. Essentially anything that’s required for you to produce your product falls into this first category.

2. Distribution
This is your ability to get your product into the hands of your customers. If your an offline, product-based business, this may be, a number of delivery trucks you have & how effectively they deliver your products. Or if you’re the e-commerce giant, Amazon. How many hi-tech delivery drones do you have flying around, in the sky, delivering products to customers (something they are still developing btw)

Now, if you’re an online business, you may be thinking to yourself, ‘John, I don’t need distribution, I have the beautiful thing that people call the internet. This doesn’t apply to me.’ Think about this for a moment..

What if all your web pages, online sales processes & servers crashed for 10 long hours. How many sales will you make during that time? And many people would be able to access your product/service? Those 10 hours probably won’t be as ”financially lucrative” as your business usually is, huh?

Your servers, web pages & online systems are your DISTRIBUTION.

They are the tools that allow you to distribute your products/services to your customers. I don’t want to bang on about this, but once again, EVERY one of these 6 LIMITING FACTORS applies to EVERY business out there.

Next one..

3. Team
This includes; yourself as the business owner, your employees, your suppliers, your business partners, your affiliates, your board of directors, your mentors & advisers, etc. They all fall into this 3rd category, Team. In a moment I’ll talk about how these 6 factors apply to you & your business, but before I go into that, let me cover the other 3 factors.

4. Finance
This is your access to capital. The finances you need to run & expand your business. If you don’t have the running capital to run your business, your business will be limited in it’s current & future success. Finance – that’s the 4th factor.

5. Marketing
Your ability to actually communicate your business – and your products/services – to your customers & potential customers. How do you communicate the value that you bring – your products & services – to your customers? And through which channels do you communicate your message to customers?

How are you getting people to pay attention to you, your business, your products, your services & your brand? That all falls under marketing.

And the last one..

6. Demand
Is there an actual demand for your products & services? Are you in an industry, offering products, that are financially lucrative? If you’re in the floppy disk business, your demand is probably very low compared to a decade or two ago. That’s going to limit your business, unless you find a way to take into greater customer demand.

Those are the 6 limiting factors..

1. Production
2. Distribution
3. Team
4. Finance
5. Marketing
6. Demand

Now, here’s the really important part. So pay attention to this.

The size of a business is directly proportional to the lowest of those 6 limiting factors. Let me repeat that..The size & success of a business is equal to the lowest of the 6 limiting factors.

Not the highest of the 6. But the lowest. Think about it for a moment.

If a business has great production facilities, expansive distribution, an incredible team, plenty of financing available, world-class marketing but has NO DEMAND.

Meaning, nobody actually wants the products that the business offers. How successful will that business be?
Not very successful. (unless, again, it finds a way to tap into greater demand)

What about if a business has plenty of demand (everybody wants the product), top class marketing, a great team behind the company, plenty of financing, expansive distribution – but NO PRODUCTION.

Meaning, the business doesn’t have the ability to produce the product it wants to sell. How successful will that business be? Probably not very successful.

(unless, again, it finds a way to solve the production issues in the business)

The size of your business is equivalent to the lowest of the 6 factors. Hence, our goal is to build up the 6 factors of our business in equilibrium.

If you have $10 MILLION/year worth of products being produced, but you only have $1 MILLION/year worth of demand – you have a problem.

Equally, if you are generating $15 MILLION/year worth of new customers through your marketing,
yet your only producing $3 MILLION/year worth of products, you’re you losing out on a lot of potential revenue.

It’s about growing the 6 limiting factors in equilibrium. With that said, it takes different skills to develop each of the 6 factors. There are particular skills you must develop to expand that factor of your business, and therefore expand your business.

For TEAM, we must develop our leadership, communication & teamwork skills.
For MARKETING, we must develop our skills of influence, market research & persuasion.

Grow these 6 factors & watch your business soar!

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3 Tips to Networking for Start-ups

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Networking is a necessary device for start-ups. In some cases neglected or underestimated, it could develop chances to sustain your service technology or item. Listed here are a couple of valuable ideas for grasping this exceptionally reliable art.

1. Develop Your Social Resources

Time and also time once again, you have actually listened to the usual claiming that individuals do organisation with those they understand, like and also depend on. Emphasis on developing top quality partnerships to establish understanding as well as getting possibilities.

2. Develop Your Interaction Abilities

This is such an important item in networking for success. Whether it includes making a pitch or discussion, discussing a company campaign or sharing information concerning your start-up, usage language that is pertinent, appealing and also distinct.

3. Develop Diverse Networks

There is power in heterogeneous networks. Promoting these varied networks could additionally increase your direct exposure, imagination and also reach.

Ideally, these pointers could highlight the advantages of efficient networking for your start-up. Utilize this device to not just construct high quality connections yet additionally improve your interaction as well as expand your expanding networks. At the same time, continuously market your brand name as well as organisation efforts

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5 Tips For A Successful Home-Based Business Entrepreneur

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The internet has made the world smaller and has brought billions of people closer. As a result, people, wherever they may be in the world, can interact and enter into deals without borders. Thanks to the World Wide Web, the next big transaction is just a click away.

Since the internet offers lots of opportunities, people are thinking of starting an online business. They want to know the ins and outs of a home based business, which they will apply once they have their own soon. Surprisingly, they shift careers and resign from their corporate jobs to work at home. Why is this so? It’s because they have time to spend with their kids, chase their passion, take trips abroad, and the list goes on.

You can be one of them too. You can do all these things and work according to your preferred schedule because you’re not tied to your job.

Freelance writing, online surveys, searching the web, selling your products, and reviewing apps and websites are just a handful of the best ways to make money online. When the time comes that you’re an expert in your field, you can be a business coach or run a small business consulting. Aside from these things, there are also varied passive income ideas online that can add to your income without having to put too much effort.

If you see yourself starting an online business, read the following tips.

1. Know the business you’re about to enter.

Before running the business and enticing people to buy your products, you must study first about the several home business ideas. Knowing things about your business is winning half the battle.

2. Ask for help.

No man is an island and so you can’t do it all alone. Maybe, you can do it all by yourself for now. However, once your business expands, you will need all the help from other people.

3. Practice professionalism.

Working at home doesn’t require you to wear business clothes. You can even work in your pajamas.

4. Make people notice you.

If the competition is stiff by advertising your business and products, you should stand out especially. You can’t get away with marketing strategies because these things will make or break your small business consulting. Besides, money won’t be an issue because you can advertise online free of charge.

5. See the good side in everything.

You will have lots of challenges when pursuing your home business ideas. Be patient and your business will succeed eventually.

Since the internet offers lots of opportunities, people are thinking of starting an online business. When the time comes that you’re an expert in your field, you can be a business coach or run a small business consulting. Before running the business and enticing people to buy your products, you must study first about the several home business ideas. Once your business expands, you will need all the help from other people.

You can’t get away with marketing strategies because these things will make or break your small business consulting.

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Lesson 1: The Rich Don’t Work For Money

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At age 9, Robert Kiyosaki and his best friend Mike asked Mike’s father (Rich Dad) to teach them how to make money. After 3 weeks of dusting cans in one of Rich Dad’s convenience stores at 10 cents a week, Kiyosaki was ready to quit. Rich Dad pointed out this is exactly what his employees sounded like. Some people quit a job because it doesn’t pay well. Others see it as an opportunity to learn something new.

WORK TO LEARN

Next Rich Dad put the two boys to work, this time for nothing. Doing this forced them to think up a source of income, a business scheme. The opportunity came to them upon noticing discarded comic books in the store. The first business plan was hatched. The boys opened a comic book library and employed Mike’s sister at 1$ a week to mind it. Soon they were earning $9.50 a week without having to physically run the library, while kids read as many comics as they could in two hours after school for only a few cents.

In the process, Robert was taught the following lessons:

Don’t accept mediocre circumstances just because they’re handed to you.

Making more money doesn’t help if you don’t have financial literacy. As income increases, most people increase their expenses and end up with nicer stuff, but no more financial freedom than when they earned less.
Most of us become enslaved to money, and then get angry at our situation. Or at our boss. But our boss isn’t the one exploiting us; we’re exploiting ourselves (by trading time for money, and by working for money, instead of letting the money work for us).

[box type=”shadow”]According to Robert Kiyosaki’s Rich Dad, “The poor and middle class work for money. The rich have money work for them.”[/box]

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Ways to Cut Costs of Your Online Business

Although it is desirable to cut the costs of your online business, such reductions need to be performed carefully. Some companies are so intent on cutting their overall online costs that they completely lose sight of their business. If you are excessive when making cuts, it could be detrimental to your company as making profit is difficult without any customers! However, there are a few easy ways to make enormous savings on your online business without materially affecting its products or services. Below we will outline some of these cash saving tips.

Start Cloudsourcing
If your small business is expanding or else a current employee leaves, you have to begin the long and laborious search for new talent. It has been suggested that you could pay as much as $4,000 searching for a new employee. Then you have the small matter of training, insurance, holiday pay and other expenses associated with workers. A viable alternative is cloudsourcing which is the practice of hiring freelance employees. Many of the world’s top writers, marketers and designers work freelance. You can find outstanding talent on sites such as Odesk and Elance. Freelance employees do not require insurance, payment for sick days and so on which makes cloudsourcing an immediate cost cutter. In return, you have access to potentially hundreds of professionals so your online business will never lack employees.

Reduce Pay-Per-Click (PPC)
PPC is feted as one of the best forms of advertising on the market but it can be very expensive. Although it is indeed an excellent method of attracting customers, why should you pay for every click when it doesn’t guarantee a sale? It’s much cheaper to ensure that your website is optimized for keywords relevant to your industry. SEO is known to have one of the best returns on investment in the online marketplace. Get your website to the top of the search engines and receive thousands of clicks for free.

Eliminate Unnecessary Partners
This mainly refers to the practice of selling on sites like eBay. You end up paying up certain partners up to 12% of your sales in fees. One of the main goals of any online business should be to set up its own website and sell directly from it. You receive 100% of any sale thus saving potentially thousands of dollars over the course of a year.

Finance Charges
This tip applies to online and offline businesses and involves financial responsibility. It’s not unusual for a small business to pay hundreds, if not thousands, of dollars a year on late payments, credit card processing fees and even membership fees on business credit cards. The simple task of keeping up to date with existing bills actually reduces your overall cost of operation! Now that you’re online, use the internet to schedule payments which ensures you’re never forced to pay a late fee again! Look at the fees you incur by using credit; are they necessary or is it possible to get a better rate elsewhere?

These are simple tips that can increase the bottom line of any online business while reducing costs. For small businesses in particular, such costs add up to significant savings over the course of a year.
How To Explode Your Network Marketing Business

There are many companies out there and some have been been in existence for a lot of years, but it does not matter which company you get involved with ..it is still network marketing.

Why do you think there is such a high failure rate in network marketing? Here you have a great company and yet there is a very low percentage of people making it work.

But there is a way to make sure you can guarantee success as a distributor or rep in your business. You can do that by getting involved with a system that is going to automatically generate you leads for your business 24 hours a day 7 days a week, and that my friend is going to allow you to have more distributors coming into your downline than you could ever imagine.

Things have changed so dramatically over the past few years that the days of making that list of 100 people, and meeting up at the local restaurant or coffee shops to show some one the plan are gone, and marketing online is key to your success.

It is sad but true that there is a huge failure rate in network marketing, and so the way the company teaches you is obviously not working for the masses. It just does not work the old way any longer for the majority.

It takes a big commitment on your part as a distributor if you are going to make it in this industry, and some people are quite content with the 9-5 way of life, and then there are those who are not willing to stay in the game long enough to even see success.

In saying that there are those out there that are very interested in becoming a network marketer and want to know how to explode their business. They really are out there… so how do we find these people?

Well by learning some different strategies such as writing articles, doing press-releases, pay per click advertising, setting up a blog just to name a few you can literally explode your business in a very short period of time.

If you are in this business for more than just a hobby then you must get serious and treat it like a business. You too need to put a system in place so you can see and experience success just like the top marketeer’s are doing.

For the price of less than a fuel tank, watch how you too can change the game to be successful. This is my secret weapon.
Single Moms Can Work From Home! 3 Tips to Starting a Women’s Home Based Business

Single moms working toward starting their own work from home businesses have many obstacles to overcome. Starting a new work at home opportunity is never easy for anybody and the sacrifice required is massive. This is not to say that starting a woman’s home based business is an impossible goal. The best thing to do is take the steps necessary to ensure a long-lasting, profitable business. Take a look at these tips to get the most out of your single mom work from home business.

1) Program selection – When you are ready to start your woman’s home based business, it is important to select a business or program that ensures the longevity of your business. What you should be searching for is a business program or product that will stand the test of time. Devise a solid plan for your home based business and make sure that it is flexible enough to weather these rapidly changing economic times.

Many times people believe that selecting a product or program that has been around for a long time will ensure their business’s success. Unfortunately, this is just not the case. Your success will depend upon having a solid product and being able to adapt quickly to market trends. Flexibility along with the proper training will be the key to keeping you in business.

2) Organize your office space – Even though your business might be home based, you will still need a dedicated area to work. Only after your single mom home based business has made its first million will you likely be able to make take care of business from bed! When you are planning to organize your woman’s home based business, plan and secure a reasonable amount of workspace. This will allow for you to be more organized in the long run. When you are properly organized, you can ensure that your business and personal affairs do not conflict with each other.

3) Network marketing training – Starting any business can take a lot of time and effort. The best way to minimize this is to try to align yourself with productive, successful people. Network marketing training is not only for promoting a specific product, business style or company. The techniques that have been used in the network marketing business model have generated income for thousands of people for many generations. They can provide resources and information that can give you the best maximum leverage possible. Many a woman’s home based business has gone quickly out of business without the proper business training. It is imperative that you secure the best training possible in order to excel in your home based business.
How Social Networking Simplifies Business Communication

Even if you don’t use computers very often, everyone knows what Facebook and Twitter are. That’s because everyone from David Letterman to your local news stations are all using it to connect to the world and to “get their name out”. While being able to interact online, businesses are even taking advantage of social networking for businesses. This type of instant communication allows them to increase productivity, complete projects faster and to become a more efficient and effective company in the process. With all the new tools available, collaboration and communication between teams and departments becomes a breeze.

Teams members are enabled to work at the same time on all project phases when social sites and collaboration tools are taken advantage of. Whiteboards, presentations, documents and spreadsheets can be accessed by any team member regardless of where they are at. They could be in the office or halfway around the world and as long as they can access the internet, they have the ability to hook in and be effective. This ability means projects are completed faster, the team is more efficient and the entire enterprise runs more smoothly.

Management can take advantage of the social profiling tools available to streamline team selection. When a new project comes up, taking a look at the skills of each employee becomes a snap instead of having to know each individual employee personally. This makes picking the right talents to have the optimal team easy and effective. Social profiles gives a complete picture of who each person is, ensuring the cohesiveness of the team will lead to success.

Being able to see where projects are in the grand scheme of things also enables management to see the “big picture”. Some projects can be slowed, elements of one project can be incorporated into another one, and the overall business position becomes much easier to define by using social networking for business and social sites. Projecting current completion dates is made easier when management has an accurate view of the current state of things. This also allows for more realistic planning for future project timelines.

Social sites, social profiles, social computing and social networking for businesses have changed the way big business operates. If you are ready to grow your business to the next level, you will have to find ways to incorporate social tools into your infrastructure. Your clients will appreciate the increased productivity and your teams will enjoy this improved operational strategy.

John Petruse have used many option to help grown a business using social media. Here one of the method that’s helping thousands of business owner see the LIGHT at the end of the tunnel.
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