Point out multimedia. Now, entrepreneurial coaches are certainly not quite happy with simply making books about wealth building through businesses. Entrepreneurship training at the moment are featured in the popular videos website YouTube.com. Visualize a series of instructional videos about commencing a business-just most suited for people who do not like reading up to the third page of a book. And it is more appropriately simply because videos may well be downloaded straight from the website (use YouTube downloader).
There are lots of people in YouTube who desire to spread the word about entrepreneurship. Write in T Harv Eker or Trump Kiyosaki or Rich Dad, Poor Dad. Surely, you will find lots of videos that is going to generated y this question. But all these videos result in one common road-the path to entrepreneurship. And since each person have other ways of learning what remedy they need to learn, visual learners may possibly be titillated to be aware of when these videos are indeed great tactics to learn what are the book says without reading it. Just transfer content, watch the videos, and apply the things you have learned.
Not many people people preempted that YouTube should go as long as providing free educational videos in truth entrepreneurship videos. Normally, we come across videos of Hollywood artists with this site. But now, we will see video streaming of Robert Kiyosaki teaching Cashflow 101 and 202! And it also does make a lot of sense to his followers that videos of him are posted throughout internet now.
So don’t be late. Nothing’s too wrong about joining the bandwagon-especially whether it’s a make money online venture. Learn entrepreneurship with YouTube now.
There are a lot of strategies to creating money on-line, but nothing makes sense only when you have a very big list. Email Marketing is the most profitable method to earn a living on-line. After you building a group of hot and hungry prospects or leads, you control your future. Realize how to utilize the Internet and spin your personal computer with a
download free youtube downloader cash gushing machine. Sign-up right now for your Computer newsletter to find out ways of doing exactly that download free youtube downloader
New ecommerce entrepreneurs can find them confused and confounded by the tax and accounting requirements of their venture. And thats a shame: If someones spotted a great new category and successfully built a web presence, heck, that someone shouldnt find themselves bogged down with the accounting minutia. The entrepreneur should focus on increasing traffic, expanding margins, and growing cash profits.
With that in mind, I offer up the following tax and accounting tips:
Tip #1: Dont Incorporate
A true corporationwhether a C corporation or an S corporationsaddles your business with more complicated tax accounting and a bunch of state filing requirements. You dont want to deal with this redtapeor at least not until youre profitable.
Instead, operate your business as a sole proprietorship. If youre concerned about legal liability protection, note that you can setup a one-owner limited liability company, or LLC. A one owner LLC is treated as a sole proprietorship for income tax purposes.
Tip #2: Start Your Business Before Making Investments
Expenditures you make before youre actually in business-in other words, before youve got a business license and before youre selling or trying to sell your stuffarent very deductible.
Specifically, you can probably deduct the first $5,000 of these expenses. But any amounts in excess of the $5,000 must be amortized over the next fifteen years.
What this means is that you want to start your business before you start spending money on advertising, training, web development, accountants and lawyers and so on.
Tip #3: Automate Your Bookkeeping & Accounting
By lawand some people dont know thisyoure required to maintain an accounting system that lets you clearly measure your income. As a practical matter, this means you need to use a product like Quicken or QuickBooks.
But you ought to go one better than simply using desktop accounting software. Make sure that youre taking advantage of online banking and bill payment features which integrate your accounting system with your banking. As much as is possible, for example, you want to be able to move money from PayPal to your bank to QuickBooks simply by typing a few keys or clicking your mouse a few times.
Tip #4: Hire a Payroll Service Before Hiring Employees
Many successful ecommerce business owners can run their operations without employees. And if thats true for you, hey, congratulations. If and when you do need employees, however, dont try to handle the payroll yourself. Oursource the payroll to one of the large payroll service bureaus like ADP, Payroll, or QuickBooks.
These services are expensive. Figure $1000 to $2000 per year. But the services let you avoid the bookkeeping nightmare called payroll and prevent you from getting into payroll tax trouble.
Tip #5: Consider S Corporation Status After Youre Profitable
Ive written and talked much about how S corporations save taxpayers money and how the right way to set up an S corporation is first create a limited liability company and then ask the IRS to treat the LLC as an S corporation for tax purposes.
Have you ever noticed how highly successful entrepreneurs seem to attract success as if by magic, while others struggle as if the odds are stacked heavily against them?
What do you think is the key element that allows their almost effortless success?
Is it their background?
Well, a recent study of a group of successful entrepreneurs revealed that they all came from a range of different backgrounds, some from very poor backgrounds. Despite the different circumstances from where they started, they were still able to attract success. So, having a privilege background is no guarantee of success.
Is it their brain power?
Quite a few of them had very little formal education at a high level when they started out on their road to success.
Is it that they bought lots of personal development CDs and books?
Some of them had never even heard of goal setting!!
Is it the quality of the support they receive from friends and family?
No, some were discouraged by friends or family for trying to change their current circumstances.
Is it that they were loved more as children?
A few of them were orphans and had a pretty miserable childhood.
Is it that they dont watch TV or avoid reading the papers?
No, they read the newspapers, and watched television.
So, if none of these factors directly contributed to their success, how were these entrepreneurs all with different circumstances, able to achieve their dreams of creating wealth?
If you were to gather them all in a room and ask the question, What is the secret to your success?,the answers would be all different. But, if you looked a little closer at the answers, you would discover one key ingredient. It wouldnt be obvious at first, but it would be very evident.
And that key ingredient would be fear.
Fear is an important part of success, and its fear that keeps so many of us from reaching our goals, or fulfilling our dreams.
Learning how to conquer your fears is a very big part of attracting the success into your life that seems to have been eluding you. Its a key ingredient that entrepreneurs have to master on their path to success.
Given their varying backgrounds, entrepreneurs were pushed into action by the fear of not achieving their goals and the consequences of failure.
Business marketing is a very important part of any business that wants to stir the attention of the right customers who would someday utilize the products or services of a company. A proper sales pitch is the core of any marketing portfolio because it brings in new customers and makes the old ones stay. One of the many purposes of business marketing is to make the customers feel that they have spent their money on a good investment, namely, your product.
The first thing that an entrepreneur should do when marketing his business is to create a meaningful company statement that can make an impact on its potential clients. Your company statement should target your potential customers’ situations so they’ll find it easy to relate to your company. This will also instill confidence in them since they now feel that they can trust your company and its products.
Customers are becoming very wise because of the number of competitions in the market to choose from. Creating a quality sales pitch will lend class, integrity and value to your products. So it is important that your pitch is the exact duplicate of what your company stands for and who is it functioning for. A weak sales pitch will not capture any attention and will only be a waste of money and effort.
The key to successfully market your business is to know how to highlight the advantages that your customers can benefit from your company. You need to place your customers in every angle of your sales pitch so they would feel they’re given importance. Not only should the sales pitch provide the benefits of the product but it should also describe how it can solve specific problems of the customers. To make an effective sales pitch, make it more about your customers and less about the product.
The internet has made it easier for anyone with the characteristics of an entrepreneur to fire their bosses, work less, have more time, and make money online. If that sounds like something that interests you, here’s how to get into a home based internet business that’s right for you.
First, You Must Believe
Few people become a success by accident. You can’t assume the role of an entrepreneur unless you think like an entrepreneur. And one thing a successful entrepreneur never thinks about is failure.
Jeff Bezos of Amazon.com has a net worth of over 4.85 billion dollars. Pierre Omidyar, the founder of eBay, has over 7 billion dollars in the bank. And while you may not end up earning what these online business entrepreneurs earn, there is absolutely no reason why you can’t take one of the top online business ideas and turn it into a very healthy income.
Here are 5 basic steps to launching a business opportunity that will make money on the internet online:
1.Find something in demand and sell it. Even in the worst of times people still spend money. The only difference is, they are more choosey about what they spend it on. If you can offer a product that people need, no matter what the economy is like, you’re on to a winning formula.
2.Make sure you team up with a business that is not MLM. You need to focus your energies on keeping yourself motivated and productive. It just wastes your time when you have to babysit downline members who aren’t as motivated as you are.
3.Look for a unique online business opportunity that isn’t over-represented. It takes a lot of time, energy and money to compete against established competitors who already own a huge share of the online home business internet market. Find a good niche and serve it well.
4.Work less; work smart. Find an online internet home based business that offers you the ability to automatically prospect for customers and that gives you the tools to make sales online without having to interact with your customers directly.
5.Finally, make sure you choose real business opportunities online that do not exploit the opportunity seeker. There are plenty of scams out there. Do your due diligence and choose a company you can trust.
Ready to change your life?
There’s money to be made owning a home based internet business. Choose yours and get started!
Five Power Principles Successful Entrepreneurs Know And Use To Create Immense Wealth.
#1 Process Comes Before Outcomes.
No field of human endeavour is completely isolated from all others. Parallels arise in sports from which wealth creators can learn interesting things.
Take this principle of focussing on process before outcome to build your financial freedom. Whilst not wishing to compare boxers of different eras or weight divisions, it is true to say that over the years a few proud men stand far above their peers as successful boxers. What such men have is a true gladiatorial spirit. They are all possessed of a passion for what they call ring craft The art of the ring.
These sportsmen become very wealthy, not because of focussing on the money but rather by concentrating on the process of perfecting their ring craft and survival skills inside the ropes. In return, they reap the rewards of huge pay days and corresponding wealth.
#2 Prove Your Business Idea Early On.
Entrepreneurs, who want a proven and successful wealth creating process, need to follow a critical sequence of events.
Proof of concept starts when you identify a market opportunity, gap or niche.
Design the products and services with which to fill the identified market gap.
Test drive the products to ensure they are “fit for market purpose.”
The proof stage should be a small scale preview of the main show. This is where you test ideas before spending a fortune and then finding out it does not fly.
#3 Expand Your Business.
If your idea fails even one of the proof of concept phases ditch the idea. If however, it passes all three stages then you are ready to expand your wealth creating machine. Business expansion is not the same as overstretching your resources. It is a planned process.
You can expand your business vertically or horizontally. The former involves growing the business in its “core” sector. The latter involves growing your wealth creating machine by diversification into other sectors.
Within each of these growth models, two critical sub processes are at work. Both rely on building effective human relationships. On the one hand, you must build and maintain harmonious customer service and customer relationships. On the other hand, you must engage effectively with your employees.
#4 Give The Customer What The Customer Wants.
Trying to lead the market carries the huge danger that your products and services may have no market credibility and worse no commercial viability. The marketplace simply ignores your solutions.
The issue here is, “Do you invent first and market second, or do you find the market need first and then develop a solution?”
You should find the market need or gap first and then plug the gap with your product or service.
Your wealth creating machine must adapt and be alive to changing market conditions and needs. “Inventing a wheel” is a once in a lifetime affair best left to a few very creative individuals.
Do you think you have the capability to become an entrepreneur? There are lots of successful entrepreneurs present in this world today. It is very important to find the right kind of qualities that are required to become successful in this field.
Some people try to begin from the scratch but it is quite difficult to reach the top fast in this way. This is the reason why the young generations of entrepreneurs try to model their behavior on people who have already achieved success in this field.
There are various role models for entrepreneurs. It is very important to choose the right kind of model. When you hear of a role model the first thought that comes to your mind is of people who have reached heights are very popular all over the world.
These people too surely had their own role model who they used to follow. A role model is actually meant for following. Your model can also be a person who belongs to your family or even or your friend circle.
The person might not be well known and popular all over the world but he has made something for himself. You can look for such people in your family. If you have someone very close to you who has already made it to the top then you can even get good suggestion as well as tips from the person.
You must understand the importance of the role models. They will help you learn how to become a successful entrepreneur. The most important thing that entrepreneurs must have is the will to win.
The entrepreneur role models usually help the budding entrepreneur to learn about the various qualities that are necessary to become successful and reach the top. One of the things that you need to find out is the common trait between all the successful owners.
You must always remember that owning and managing a company is not too easy. You need to have enough guts to take proper decisions and also be ready to tae risks. Role models for entrepreneurs might differ from one person to the other but the characteristic traits of these successful people usually remain the same.
You need to follow these traits. People who are successful as entrepreneur are always good leaders. So you must also make sure that you become a good leader and mange your team in the best possible way.
Team work is very important because you alone cannot take your company to the top, you will need help from the employees. This is the reason why you also need to learn how successful entrepreneurs deal with their employees. This is why role models are so much essential.
Tips For Mom Entrepreneurs To Get Down To Business
If you’ve ever attempted to get anything done with a toddler around, you know it’s no cakewalk. It’s a challenge to do the dishes or the laundry (shower, anyone?) let alone actual, potentially lucrative work. Here are 5 ways that you can get down to business, even if it means doing these things between phone calls, diaper changes and mealtimes:
1-Find a need and fill it
Stop staring at the competition. Dont take someone elses idea or existing business, tweak it, and try to call it your own. Take a look at your life, your needs, wants and desires. Ask yourself, what would make your life easier? Find out how to help your friends do X if you have created Y? Filling a void in the market is, in theory, a cinch. Fill a need stop procrastinating. And not by thinking about it, talking about it or dreaming about itdo it
2-Create A Plan Of Action
Do not write up a business plan. Dont even Google the words “business plan.” Mom entrepreneurs dont have time to put together a lengthy, heady write-up of profits, losses and EBITDA (wha? Take a pen and write out your plan. Get the gist? Then dive in. Try things out. The more you work on your business idea, the more thrilled you will be to see it in actionand it will keep you building.
3-Work With Your Kids, Not Around Them
Stress being the killer that it is, skip it altogether. Dont fret the childcare or sweat the pick-ups/drop-offs. Incorporate your childs schedule into your work day. Teach them to play the Silent Game while youre on the phone. Have them create something you can hang in your office. And when that noisemaker screams during your conference call? Skip the embarrassmenta whole lot of people also have kids.
4-Embrace the web
The interwebs are your friends. You don’t have to get hooked into social media like facebook and twitter, but don’t stay away either. Make sure youre connecting with folks who can help you along in your business. Find local groups like The Founding Moms where you can meet up with fellow mom entrepreneurs face-to-face. Grow your network who will, in turn, help you and your business grow.
5-Meet up with fellow mom entrepreneurs
Theres nothing like meeting someone in-person. You should embrace the web and all that it has to offer. But, get out of the house. Not only will it bring you great joy to smile at other human beings, but your kids will appreciate staring at new walls, too. Tell us your trials and tribulations of being a mom entrepreneur, then shake hands with like minded people and know your not alone.
Youll thank yourself.
Many people every year attempt to achieve success with an online business. They grab a domain name, throw a hastily made website online, and then become frustrated when they don’t achieve success quickly enough. They blame it on falling for a scam, or that online businesses don’t really work. The truth is, most times it is because the person never worked on growing as an entrepreneur; they never worked on developing an entrepreneur mindset.
When you are working for someone else it is easy to think of your workday falling into a certain set of work hours. You go in, put in your time, and when the workday is done you put your job behind you until the next day. When you have an entrepreneur mindset you are constantly working on your business. Even when you are relaxing at the end of the day a part of your mind is a work on building your business.
One way you can capitalize on that kind of attitude is to develop the habit of goal setting. When you have specific goals and objectives that are clearly defined your subconscious mind can go to work making those goals a reality. When you approach your business without goals your subconscious mind is unfocused. It jumps from one problem to the next with no end result that it is working toward.
Another important part of that mindset is to understand that in order to succeed you must be willing to put in the time and do whatever it takes to be successful. While it would be nice if the claims of earning a 6-figure income while working part-time were true, the reality is much different. It is possible to build a good income, and eventually reduce the number of hours that you work, most successful entrepreneurs put in some long hours when they are first getting their business up and running.
You should also be willing to spend time each and every day growing as an entrepreneur. This means going beyond merely learning the daily tasks you need to accomplish. It means working on building your knowledge so that you understand not just what needs to be done, but also why you need to do every task that you do. The more you understand how everything works the better able you will be to innovate and move your business to a higher level. In an environment that is constantly changing, it is the people who understand the business that are able to quickly adapt to those changes.
Having an entrepreneur mindset helps give you the drive and the focus to not only succeed, but to build a business that remains successful into the future. Without that mindset you might achieve short-term success, but is your attitude and willingness to do whatever it takes that will ensure your success going forward. Growing As An Entrepreneur
Roger Hamilton is the founder of the Wealth Dynamics System & also the co founder of XL Nation. He is an author, educator and a successful entrepreneur in many arenas. His vast experience and extensive research made him design the world’s most calibrated self testing methodology -The Wealth Dynamics System-. Over the years this has analyzed and molded thousand of entrepreneurs.
According to its founder, self awareness is the first step towards attaining the path of creating wealth. The nub of his expertise system comprises of eight simple profiles such as the creator, the trader, the star, the supporter, the deal maker, the accumulator, the mechanic and the Lord. These are the comprehensive eight different paths to create wealth. .
To begin with, one has to undergo the Wealth Dynamics Test and find out the profile that suits him the most. This methodology is successfully tested and proven over millions of people who are now eminent entrepreneurs. These people are from all ends of the world thus making Roger Hamilton the most sought after person. He has traveled to many countries and has conveyed the importance of effective wealth creation. People wait for him to conduct seminars and workshops as they have been a life changing moment for many people who have made a rod for their own back!
Roger Hamilton is renowned not just for his entrepreneurial activities, but also for his social deeds. He is the co founder of the XL Group which was started in the year 2002. The idea of this was to create a huge connectivity among social entrepreneurs all over the world. The intentions were clearly planned and executed; hence it is the first and biggest network of entrepreneurs in the world. His goals were always high and this led him to initiate the concept of building a nation for all without boundaries. It is XL Nation founded in the year 2009 which works closely toward the United Nations millennium’s goals of ending poverty and safe guarding the environment.
Born in Hong Kong, he was educated from Cambridge University and Trinity College. Success does not come without biting the dust and Roger Hamilton wasn’t an exception to this. After a rough patch of continuous failures during his initial days, he found all the right boxes to tick and succeeded. But as he went on to make his failures as lessons for attaining success to millions, he stands head and shoulders above the rest!
For more information regarding Roger Hamilton, please visit Rogerhamilton.co