Start Your Own Online Business- Top Reasons Why You Should
It isn’t easy to start an online business. Some people may lie to you and say it is the easiest thing they have ever done, but they are being at best unrealistic. Running an online business is as the name implies, “a business that is online”. So there are certain rules you must follow in order to earn cash online (and do it the right way).
Even though there are challenges to running a business online there are benefits to it as well. In my view it is better to start a business online. Below I have listed some of the top reasons I believe this to be true.
The Traditional Way To Get Cash Is Becoming Outdated
There are a lot of people who have great ideas, but can never seem to the get them off of the ground. Many times this is due to lack of resources or the ability to properly fund their business. With the traditional business model there is normally a substantial investment. An internet business does not require this major investment (though there could be a small one).
Using the example of a brick and mortar store an owner must invest in their business only to have their money at times locked in the business itself for years. Many times it takes years for the store owner to recuperate their entire investment. With an online business model you would have less overhead and other means to store your inventory (such as drop shipping or as an affiliate). This means that inventory is not a requirement allowing you to ship product upon demand versus investing in the goods upfront.
Each Industry Dictates It’s Threshold To Make Money
Certain industries require you to invest money to make money. Depending upon the industry itself starting small may be out of the question. The reason? In order to compete you must be competitive. To be competitive in the traditional sense may require a significant investment of funds from the beginning. This is not even mentioning physical location(s), staff and security issues.
However, a home based business that exists on the internet can grow as you grow. We all want to grow. With a smaller investment you can leverage your advantage for greater profits. If staff is required, the positions are minimal and physical security becomes one less thing for you to worry about (especially if you are an affiliate or you don’t house your products in-house).
The Internet Is Becoming The Standard For Communicating A Business
The day is coming where if you’re not online you don’t exist. Even traditional brick and mortar organizations are now vying for a presence on the web.
The level of innovation new technologies are providing the entrepreneur online are endless. You are limited by your imagination and ambition.
With the internet you can make as much or as little as you want. This is determined by your willingness and effort to take your business to the next level. Will you press forward the wheel of innovation a success and become the next internet millionaire (or billionaire)? Or maybe you’re not as ambitious and are only looking to take care of your needs (and maybe your families too)? An online business can provide you with this ability.
If you are serious about taking the next step and take the quick path to getting your online business off the ground (and making you money), get my new quick start guide here now!
I am serious about my internet business, and thankful for the time you have taken to read this article. If you are serious about beginning an online business then I recommend my Internet Business Quick Start Guide. Get your kit here now.
By Rob Stephen
Starting an online venture these days is super easy. There are many inexpensive or free open source platforms for eCommerce store development.And, with the right development team, you are just one step away from getting your own website. Starting a home-based shop to trade your handicraft items, or other locally sourced products is a great idea as a startup. Starting an online business is trouble-free with ample of flexible open source and inexpensive eCommerce platforms available. The only secret of success is not to stop halfway but go on expanding product categories and store’s features to convert from a small startup to a leading online business.
While we know that for any individual who is not much aware of the functioning of the eCommerce world and how things go live overnight, selecting a platform rightly to set their own online shop is a backbreaking job. So, here’s a list of most powerful and easy-to-use platforms which can help owners to successfully transform their startup idea into a vibrant reality.
Acclaimed as the leading and fastest evolving platform, Magento is the benchmark platform. It supports all trades and can accommodate up to 500,000 products and 80,000 orders an hour. With a number of advanced features, easy integration, SEO oriented and versatile content management, it stands to the best solution available within the budget.
Further, it is modular and customisable, means you can gradually expand your store and add new features over time.
If there is one simple platform for startups, then it is OpenCart! This is the reason it is exceptionally popular amongst small retailers or the home-based ventures. Easy backend functionality, extensive feature plugins, unlimited products capacity and less server load are few of the perks bestowed by OpenCart.
It comes as a befitting platform for eCommerce stores that simultaneously wants focus on mobile shopping and also social shopping. Easy integrations, lightning-fast loading speed, versatile payment gateway integrations, SEO features, direct social selling are the key features Shopify offers.
Those who are at ease with WordPress, then WooCommerce is the right platform for them. Based on the WordPress, it is easy to install and start and hence developers will charge you less. Further, there’s a large number of additional plugins or templates and themes of WooCommerce, which will help owners to deck up their stores as per the business category.
The whole reason for putting ZenCart in this list is its user-friendly approach and easy store management. It bears a set of far-reaching tools that offer full-scale customisation options to the owners. Moreover, it focuses on the store security features to safe keep all customers and products information.
For a household person who is new to the eCommerce world with zero technical knowledge, selecting a platform that serves their business interests fully is tough. So, the wisest decision lies in choosing the one that offers best user-experience and inherent SEO features that will help the store outshine on the Google results.
Rob Stephen is one of professed Magento developers in Melbourne, who works at PHPProgrammers, a pioneered company for eCommerce solutions development. It houses a pool of talented eCommerce experts, not only in Magento but other platforms like WooCommerce, Shopify and ZenCart. Follow the Facebook page to have more insights on our services, markets we cover and solutions we offer.
By Rinita Sen
In this day and age, there are several people who work from home on a regular or on an on-and-off basis. The reasons could be numerous, starting from health issues, long commute, maternity, and so on. The belief that an employee needs to be in the office to be efficient is now gradually changing, with benefits of working from home arising aplenty. However, for some people, especially if you have just begun to work from home, things can get a bit overwhelming. Here are a few things you can do to organize your ‘home office’.
A Constant Office Space
Setting up one room (or a portion of a room) as your office can go a long way in creating a sense of mood and motivation that might otherwise be lacking when you are not in office. Fix a table, an ergonomic chair (yes, it is an investment you will not regret if you work from home regularly), and other essentials you might need for work, for example, a charging station for your computer or mobile phone around that area. Stick to that place the best you can while working and move away when you are not. You can still visit that area when you are not working, but make sure it is not close to the bed that you sleep in. In smaller houses this might be difficult to arrange but try to set up your workplace in a different room than your bedroom. This is not because you might accidentally climb onto your bed, and sleep during working hours, but because your quality of sleep at night might be affected by the presence of your work things.
While you are indoors through the major portion of the day, it is important to ensure you get sufficient ventilation, and good quality air to breathe. If you live in an area where the pollution level is low, keep your windows open at all times for the fresh air to stimulate your brain, and improve your efficiency. If, unfortunately, you live in an area where the outside air is horrid, an air purifier is recommended. Remember, your health is of utmost importance no matter from where you work.
Although exercising is a mandate for everybody, it is even more crucial for people who work from home. When you are in office, you might take frequent breaks down to the cafeteria or a roadside tea/coffee shop, but when you are home, these breaks are eliminated from your routine. Hence, it is of utmost importance to exercise regularly. Choose whatever works for you – yoga, aerobics, weights, cardio, but be regular and diligent about it.
Make it a point to get out of the house at least for ten or fifteen minutes every working day. You could either run a quick errand such as going to the ATM, picking up dry-cleaning, buying dinner, and so on, or you could take a simple walk in your neighbourhood at the very least. Going outside once in a day and seeing other people on the road helps your brain relax, because, after all, we are all social beings.
Do Not Overwork
Many people, especially in the beginning, tend to feel guilty about not working from the office. They feel that they are not working enough, or something is missing. Some people have it even worse because others who go to office regularly have a tendency to point fingers and condemn those who work from home. Snide remarks such as “Oh, what do you know about the hectic traffic we go through”, or “You work from home, that must mean you have plenty of time”, to “I don’t think people who work from home actually get any work done”, are very commonly heard. Do not get bogged down by such things. Just because you work from home does not mean you should work longer hours. Fix your work hours as you would if you were in office, and stick to it.
With the above-mentioned ways, one may find working from home a true bliss in the middle of all the chaos.
The Make Money Farce
You have seen them and probably received thousands of them since you have begun internet marketing. They come out the wood works, don’t they? Opportunities promising that you too can make money online with little to no effort. You then invest your money into the opportunity only to find out there aren’t any pies in the sky… only the cold hard reality that you just spent some of your rent money on someone’s new car.
Yes, this is the reality many internet marketers face. I have been there. I started in this business with my father and let me tell you… we have seen every scam under the sun. Why? Because we were those people who had a dream and wanted to help other people through success only to find out there ain’t no free lunch in business. The cold hard truth is that “business is business”. Period. There are a million work from home opportunities contrived each year. There are many more gullible individuals who buy into the dream. In the end, they are left like me and my dad… a few thousand dollars shorter.
But, It’s Online And It Has To Be TRUE
Here is a revelation. People who scam lie. They don’t just lie a little, its more like lie a lot. They want you to trust them, and to believe their story. But when it comes to delivering… well. You know. You’ve been there a thousand and one times. You’ve spent your money on the magic potions of the internet only to realize that you are out of money and now have a rash (the legendary rash of discouragement).
I’m not here to sell you a pie in the sky. I am here to be your jolt of reality. Sleeper, it’s time to wake up! The internet is not some new invention that defies the laws of business. It is business on steroids. Imagine the business rules you know and then multiply them by the sheer volume of variables now introduced by the online component. The internet can allow you to become very wealthy or very broke.
So… Can I Make Money Online Or Not?!
You can young Jedi. I know some of the things I’ve said may be a little cheeky but I am serious. There is no money like “internet business” online money. The thing is you have to see it for what it is. Your internet business is just that… a business. Do not enter the online business field with any other mindset than “I am going to run MY business”.
There is nothing more rewarding and satisfying professionally then running your own business. And if ran right, your internet business can feed you and your family. You may be looking for quick ways to make money. Once you setup your business depending upon the model you use the money can come quick. It all comes down to you and your imagination. Add hustle, grind, and grit and you got something.
Nowhere to start? If you would like to skip the line click here for the proven method to get your internet business up and running quickly (which means more money).
I am serious about home business, and thankful for the time you have taken to read this article. If you are serious about beginning an online business then I recommend my Internet Business Quick Start Guide. Get your kit here now.
By Jon Allo
If you’re an entrepreneur, you wear many hats, at least when your starting out. You’re the CEO, CFO and COO, along with the salesman, head of shipping and delivery and the marketing and advertising person. Everything that must be done, you’re the one to do it.
And, combined with only so many working hours in a day, it’s easy to see why it can be difficult to make any progress with your online business once you reach a certain point.
Once you have set up a business, you need to consider ways you can help it to grow. One of the ways to save a business time and money so it can develop is to put the necessary systems in place to help it run more efficiently.
Dealing with Emails
This might not be such a big problem at first, but as your online business grows, you’ll get a lot of people emailing and messaging to ask you questions about your products or services.
Rather than spending a couple of hours every day responding to these and building good relationships with your followers, you can pass the task on to somebody else to complete. Neglecting the messages is never a good solution, since it could give your business a bad reputation.
Starting your own website might not seem very time-consuming at first, but if you’re successful and you start to get lots of visitors, you will need to regularly update your website in order to maintain your popularity and keep your followers happy.
Outsourcing allows you to free up your time for important tasks that demand your full attention. Also, it makes it possible for you to get people who are more skilled and knowledgeable than you to complete tasks that take you too long to complete.
Updating Your Social Media Accounts
This is another thing that entrepreneurs should be very involved in, but it can be extremely time-consuming to do all by yourself. As well as making new posts, you need to interact with your followers and let people know about any news or fresh content on your website.
The good news is that it doesn’t all need to be done by you! Social scheduling software means you can schedule posts in advance, and virtual assistants can take care of interaction.
Stop stressing about making small errors in your articles, blog posts and website updates. Seek the services of somebody to proof read everything for you before it’s published.
This mean you can still publish content even if writing isn’t one of your strong points, and you can save lots of time on checking your spelling and grammar and being g about if you’ve structured your sentences properly.
If you’ve been doing everything yourself, you’ll quickly find that this is a limiting factor in the growth of your business. Putting systems in place makes things quicker, and it makes it easier to outsource, giving you more time to focus on growth and new ideas. To learn more download my free checklist, A Guide To Business Systems And Automation at https://jonallo.com/biz-systems
By James Sale
The word universe means the one song or poem: uni-one and verse-sound or poetry. So sound (so music – so poetry) has an inherent capacity to change our mood, and from this our motivational energies. What we listen to, and when, is significant. As Shakespeare wrote in The Merchant of Venice, “The man that hath no music in himself, nor is not moved with concord of sweet sounds, is fit for treasons, stratagems, and spoils”. So it is that all highly motivated people listen to music often, and should do more so.
Personally I love the music of JS Bach, which I listen to on an almost daily basis, but I also love a small number of great rock/pop stars of the last 40 years. I wonder who your heroes are?
For me Mark Knopfler, erstwhile Dire Straits (with as many great tracks solo as he had in those earlier, halcyon days) is one of the greats. His music is simultaneously melodic, intricate and epic. The epic comes from those great guitar finales he plays – think, ‘Tunnel of Love’. A few years back at the Bournemouth International Centre I had the pleasure of seeing him live. My wife, my son Joe, and I were all swept away with an awesome performance of music that had us spellbound. His live version of ‘Farmer Blues’, for example, was just staggeringly great. I could go on – but you get my drift.
As we walked back to the car, I said to my son: Joe, well, what the three important lessons from Mark Knopfler that anyone could apply to becoming mega-successful and possibly mega-happy? If being a member of a rock and roll band is analogous to running a business, what do you think they might be?
Before sketching the three core lessons we might like to reflect that even doing all the right things does not necessarily lead to success – things go wrong whether you like it or not. As it says in the good book, Time and chance happens to all men. In the case of Mark when I saw him live, he revealed to us why he wasn’t standing up and playing the guitar: he had pulled a nerve in his back and that had plagued him for five weeks. Now that’s what you call irritating – and life!
The lesson from watching Mark is the lesson of creativity: all the songs were his songs, and so everyone followed his tune. Being creative is an essential component of being human: essential – of the essence. Peter Drucker observed that only two things made money for a business: marketing and innovation – everything else was a cost. We need to run businesses where we give full scope to human creativity, especially our own. In the long run it helps make us more stress-resistant.
Second: be an expert at whatever you do! Watch Mark play that guitar – in fact several guitars – and you see an expert at work. Without overdoing it they had cameras which for short periods of time enabled us to see Mark on the stage, and behind him a close up of his fingering and fretwork. And it wasn’t only Mark who was a superb musician – they all were. So, if you are going to be a plumber, nurse, director, manager, shop assistant – be the best. I was amused and impressed recently when the plumber fixing a problem round our house said, “My brother is the best plumber in Dorset”. I said, Well, get him here then – I don’t want the second best!
Finally, get a tight team round you. Towards the end Mark introduced his team and we learnt nearly all of them went back 15 years of playing with him, and one even to the ’80s. He trusted them and they trusted him; the synergy and teamwork were apparent – the great Knopfler could achieve far more leveraging their talent alongside his own. Where are your key team players? Who’s with you on a journey to change the world with your product or service?
Yes, you can learn a lot from watching a rock and roll band. The music’s great as well!
Article Source: http://EzineArticles.com/9934126
Do you make purchases using credit cards? Do you want to know why you shouldn’t be using credit cards? Some of you may think that using a card is intelligent. There’re basically three reasons that make you feel so:
• Reward points such as cash back
• Zero interest if you pay on time
• No need to carry cash
We hardly need to pay the card issuing bank anything other than the minimum annual fee. Then how do these banks earn a profit using us? Let’s explain with an example:
We use Facebook for free, right? Then how does Facebook make money? They use our personal data, likes and dislikes to show the target ads which match our needs. Now you get the point that there’s nothing free in the world.
Can you outwit the credit card companies?
When you use a card, the parties involved in the transaction are:
• The cardholder
• The merchant
• The merchant’s bank
Each time you (the cardholder) pay using your credit card, the merchant’s bank pays the card issuing bank an interchange fee. A portion of this interchange fee is regarded as profit for the bank that you got your card from. On the other hand, the merchant needs to pay an additional fee to the merchant’s bank for handling the transaction request. The small amounts add up to make a huge profit for the credit card issuing bank and the bank’s issue credit cards for the interchange fee in the first place.
Why shouldn’t you use credit cards?
Even though you know by now that the card issuing banks make money through each of your transactions, it may not be clear to understand why you shouldn’t use a credit card. To a card user, it may seem that you’re paying 1000 Rupees using the credit card for a shirt that retails for 1000 Rupees. You aren’t paying a penny extra to buy the shirt and you can also make the payment within the due date for your convenience. However, the card plays the role of a generous friend who makes you believe that you can afford the small expenses. When it’s time to pay the credit bill, all the small expenses add up to burn a hole in your pocket. To know about Sbi balance enquiry please stay with us.
How to handle the situation?
When you’re making payments using the card, you don’t really witness a fall in your bank account. This, in turn, makes you feel comfortable and makes you believe that the purchase is affordable. On the contrary, if you pay using cash or debit card, you can notice the reduction in your wallet or bank balance. Therefore, the best way to make purchases is using either cash or debit cards. If you still think that cards are convenient and make online transactions easy, you should choose a debit card for the same facilities. Moreover, you don’t want to trigger the pain of losing your hard earned money and let the bank enjoy the profit.
Parvesh is an investment banker by profession but gets a real high writing and sharing financial trivia. Check out latestmobileplans to find interesting updates on banking and investment.
Article Source: http://EzineArticles.com/9920573
By Wayne Elsey
Somewhere along the way in my career, I picked up a good nugget of advice, and it was to focus as a leader on those tasks which were unique to me and delegate the rest. One of the toughest things about being a leader and manager is mastering that ability. It’s not easy for a variety of reasons, including the idea that only you can do something better and faster, impatience, or lack of awareness.
Unfortunately, there are many managers out there who have not developed enough to follow the advice of focusing on what is unique to your position. And, if you’re an entrepreneur, there’s a higher chance that you could be someone who might have a hard time delegating. In start-up situations, many entrepreneurs end up wearing many hats, and it becomes difficult to let go, but it is crucial to the ultimate success of your business.
As your company begins to take off and grow, one of the most important skills you can master is to learn how to delegate.
- Think about those responsibilities that are unique to your position.As a leader and manager, one of the first activities you should do is to carefully consider all of the tasks that you do on a given day. Then, ask yourself if you should be the person doing it. When you go through this exercise, it will help you prioritize the issues you should be taking care of and will ultimately have more time to focus on doing.
- Consider the dollars and cents.Once you’ve decided to delegate, you will open up more time that was spent doing the busy work. Like most people, you probably think in terms of dollars and cents or profit margins. Hiring someone, even part-time, that will take over a lot of the process work that you’re doing is going to free up your time to dedicate it to the areas that will grow your business.
- Don’t fall into the micro-management trap. Micro-managers love to say that they are delegating their non-essential responsibilities, only to micro-manage their teams. Proper delegation does not mean that you are absolving yourself of any of the accountability for the work. Delegation just says that you are giving the responsibility to someone else, and you have to give them the opportunity to do the job and rise to the occasion.
- Maintain a strong feedback flow with your team. When you’ve delegated responsibilities to your team members, an essential aspect of proper delegation means keeping an adequate communication channel open for any questions, comments or concerns. Again, it doesn’t mean that it’s a chance for you to micro-manage a one-way feed system. It’s a two-way feedback flow and an easy tactic to ensure it’s done correctly is to request regular updates on the work.
- Make sure that you provide clear directives or instructions. When you’ve decided to create a productive delegation system, one of the essential aspects of delegation is to deliver clear instructions or direction from the outset. If you’re expecting a certain project to look a certain way, have elements you deem important or are looking for a specific outcome, it’s vital that you express those thoughts from the outset.
- Remember that your team members are learning how to do something you’ve delegated, and learning is not a linear process. Be prepared for mistakes or a learning curve. You should also expect to be pleasantly surprised when someone has done something in a way you wouldn’t have thought but is still excellent. Learning is not linear, and as a manager, you have to be prepared for some bumps and pleasant surprises on the road.
- Let it go.The final aspect of mastering the art of delegation is to stay out of the way and let go. When you’ve assigned responsibilities and informed your team members what they need to get done, then you have to allow them to do the work. Focus on the duties you should be focusing on as a leader and let your team do what they have to do to meet your goals for success.
Remember that delegation is not something that often comes naturally, especially if you’re a business owner and you’re looking to get a new company off the ground. However, whether you work in an established firm or start-up, understanding how to be a self-aware manager who delegates is going to reap many rewards. It will help empower your team, and it will give you the ability to truly focus and concentrate on the aspects of the job that crucially need your undivided attention.
Author of “Not Your Father’s Charity: Grip & Rip Leadership for Social Impact” (Free Digital Download available at http://notyourfatherscharity.com/free-resources/ )
© 2018 Wayne Elsey and Not Your Father’s Charity. All Rights Reserved.