Browsing Tag

risk

Promote Your Home Business

Use the same marketing tools as a standard brick and mortar business, to promote your at home venture.

Advertising your service or product, is just as important, if not more, when you work from the home. It is important that the public knows how to find you and that your business exists. In order to find success in running your own home business, you must be totally comfortable promoting yourself.

As the owner of a home business, you will need to talk up your business to a large number of potential customers. You have to be able to make your customers feel that your business and products are of the highest quality. Learning to successfully self-promote, is one of the keys to making big time profits.

Participate in trade shows that focus on your particular product or service. Trade shows provide a great way to network with others in your industry. It is also an effective way to promote your business to many potential customers by providing you with a setting to demonstrate your product or service.

Create a mailing list for your home business. This can either be through snail mail or the internet. Let others know about any special deals you are offering or just promote your business.

You can also send out small updates or newsletters to your customers to let them know what has been going on. This will increase traffic to your web site.

Examine all of the ways your home business appears in the marketplace and be sure you have a consistent message and presentation.

Whether it is your business cards, web site or social media business page, keeping your messaging professional and synchronized helps you promote your business appropriately and clearly across multiple channels.

Having a home business does not mean you have to stay home.

Get out of the house to network and promote your home business.

Promoting your business will help make your business grow and in turn make you more money.

Being active in the community will help to spread the word of your business. Business cards are a great way to promote your home based business and get your name out to the community.

Search for free business cards online and then distribute them wherever you go, including grocery stores, dentist offices and your children's schools.

Set up an advertising and promotional item budget for your home business and make sure you stick to it.

Advertising, free products, printing and more can add up quickly.

When you stick within your allotted budget, you help your business stay on track. Your budget will grow over time and you will be able to spend more money to promote your business down the line.

Promote your home business by offering a coupon for a free sample or a discount for your services. People are attracted to free offers, so this is a good way to bring in new customers. People are more willing to try a new business if they do not have to risk their own money to try it.

If you are caught by what is being called the "latest recession" and you are  wondering, "How is my family going to get by?", see if some of these ideas and helpful tips can help you survive and improve your financial situation.

Joint Ventures Can Be Mutually Beneficial

Joint Venture Agreement

Joint Venture

Internet marketers often work alone to generate income for themselves, but sometimes it can be mutually beneficial to form a joint venture with other like-minded folks working on similiar projects.

The ability to spread out effort and risk, while increasing returns, can be somewhat risky, but one worth taking because, if the exercise is successful, you have made a new friend and maybe even developed a permanent working relationship.

As with any worthwhile pursuit there are some core basics and guiding principles that joint venture participants should practice when seeking partners and executing a plan.

Before proceeding, it’s essential to know what a joint venture is. A “JV” is an agreement between two parties each seeking to cooperatively leverage the assets of each other, be it a skill, a product, a trade secret, or a customer or prospect list. In the case of an internet marketer, the agreement usually involves one marketer mailing to the other’s mailing list.

Once it’s been determined that a joint venture will be undertaken there are some fundamentals that should be followed to assure the best outcome.

Assessing your partner is a critical first step when forming a joint venture. Analyzing each other’s strengths and weaknesses and discerning each other’s agenda beforehand will serve to lessen negative surprises later.

You can get a free Joint Venture Agreement form here.

Strategy development is an initial activity where both participants assess the viability of their effort and any potential obstacles to the outcomes they plan to achieve. Concurrently, the partners can set milestones and financial agreements during this period. A 50-50 profit split is most common. In some cases, a newer marketer may forego some of the proceeds in order to establish a presence in their market.

Once these tasks are found to be suitably addressed, the new associates can move on to carrying out the campaign. Of course, this is not a static operation. If time and duration allows, testing and improvement should be ongoing as the campaign proceeds to its conclusion.

Finally, the hopefully happy and prosperous end is reached and various goals realized. It’s important to note that any end-defining milestones should have been during the assessment and strategy sessions. This will prevent misunderstandings and promote further collaboration.

Another pointer is to aim high. Sure, rejection may be the first response, but perseverance rules the day and a big player could be the tipping point to reaching a critical mass of success and security.

Lastly, always operate with a win-win mentality while following the sequence. Do it right, and it will be the first of many join ventures…or the last one you’ll ever need.

For more information, you can get a free copy of “Joint Ventures: Tips for Successful Partnerships” from this link or by clicking on the book below.

Joint Ventures

Computer Crash! Prevent Loss of Your Valuable Data

Have you ever had a computer crash and all your data was lost?

Most likely your computer’s hard drive failed & this happens more frequently than we’d like and for all sorts of reasons. Another major risk to your data is fire, flood or theft. The following strategies will help you to protect and recover your data.

Although the software files for the programs that run on your computer is also data, you don’t need to back that up as it is easily recoverable from the installation disks you received when software is purchased.

The data that we will focus on is “user” data specifically, the data that you create from the software programs that run on your computer.

For example, if a word processor is used to create a document or a letter, the word processor provides functions to save this data. The data that is created and saved through the word processor is “user” data. Most programs will create and save data somewhere on the hard drive.

There are many kinds of user data that are usually stored on the hard drive, do you have some of these?

  • letters you write in a word processors
  • flyers / posters for your clubs
  • business cards
  • spreadsheets
  • greeting cards you’ve made
  • accounting data from a money management program
  • picture files
  • music files
  • video files
  • email and email addresess

This is not a complete list, but to give you an idea of what you might have created and could lose if your computer crashed or in a fire or theft. Most people do not pay enough attention to this basic fact about computer systems until it’s too late. Don’t let this happen to you!

Remember, the key is “prevention” and in order to prevent loss of valuable data you must be prepared, so let’s look at some basic backup plans.

Option 1: Save your data to CD or DVD disks
This is by far the cheapest option and a very good approach to securing user data, especially if you don’t have too much. All that is needed is a CD or DVD burner and some blank disks, which cost very little these days.

When using this option, make two copies so that one of the copies can be stored off site, to protect you against fire, flood & theft. Another reason is that a CD or DVD backup can also become corrupted & it’s better to have two or more copies.

Option 2: Use a memory stick (USB stick)
This will cost a bit more than option 1, but USB sticks are getting cheaper & cheaper all the time, and holding more data as well. One advantage is how small they are and easy to carry around. I bought a waterproof one when they first came out for my client’s data and was very glad I did so, as it went through the wash twice and still worked fine! (I did have other backups though & I still use that drive today!.)

Option 3: Consider having two internal hard drives, especially if you have a lot of user data, especially big pictures or music files.

Most home computers generally all come with only one internal hard drive, which stores both software and user data. This means that this one single hard drive is experiencing a lot of wear and tear. Every time a program is launched it’s being accessed. Every single function that the operating system invokes will likely hit the hard drive etc. This heavy wear and tear can eventually lead to physical failures.

Also, many viruses are designed to hit the operating system & if the user data is on the same physical drive as the operating system, then it can be severely impacted by viruses as well. The disadvantage of this method is that it doesn’t protect you from fire, flood or theft, etc, but it is probably the easiest way to automate backing up your files.

Option 4: Attach an external USB Hard Drive to the system

With the price of hard drives getting much cheaper, this is another really good option. By attaching an external USB hard drive to the system, special backup programs can be installed and scheduled to run over night. There are many cost effective backup programs available. Some will be built into your operating system and others are available free – search on the internet and you’ll find plenty of options. The advantage of the external drive is that your work is still physically separated from the main hard drive and can be taken off-site with you.

Option 5: Online backup service
The services are fairly inexpensive (typically about $5 a month), and the best ones won’t noticeably slow down your PC use or Web browsing (after the initial large upload, at least). They also encrypt your data before, during, and after it’s been sent to industrial-strength servers. There are no discs or USB drives to worry about, either. The service can start processing and uploading files automatically on a schedule or in the background when there are enough free cycles available.

How often should you make backups?

This really depends on what your data is. If you are only using your computer for emails and writing letters, perhaps once a week is sufficient. When you’re doing work for someone else, it’s wise to keep doing incremental backups as you go, every ten minutes, every hour perhaps. It’s a decision you need to make for your personal circumstances. I personally do my backups before I go away from my work area and every night. The main thing is, remember to DO IT!

Summary

  • You need to backup your user data in case of computer crash or fire or theft
  • Back-up frequently, as often as needed to make it easy to restore your work to where you were
  • Use at least two different methods
  • Keep one copy of your backup data away from the computer (prevent loss if fire or theft)

Hopefully this helped you become more aware of the importance of your data and the need to back it up.

The options presented here are the very same methods used by many highly experience data processing centers and can be easily adopted by the average computer user. The most important point to remember is that good planning for potential disasters is the best protection against loss of valuable user data. You may not think of it this way at first but the user data that you accumulate on your computer takes time to build up and acquire.

If you value your time then you’ll value your data. Your data has a lot of value. So why not take a few simple steps to protect it.

Review of ˜Planetsms Digital Monthly Mentorship”

Review of ˜Planetsms Digital Monthly Mentorship”
A low cost mentoring program with tremendous value.

Many new online marketers are joining programs and sites that claim to mentor people to success, so is ˜Planetsms Digital Monthly Mentorship” any different from so many that don’t provide value, or is is one of the few that do?

I may be slightly biased in favour of this program – because I have been a member of John’s mentoring program since it began and have also bought products from him in the past. I’ve found that he always over delivers and offers great support; you might want to check out a couple of his other products here to get an idea of their quality before commiting to a monthly fee…

Resale Rights Blueprint

Your Own eBook Business

John’s mentoring program is still going strong after many months in operation, so although a great many of his other followers obviously find it to be good value too, I will endeavour to be objective in discussing this mentoring program so you can decide for yourself.

Planetsms Digital Mentorship Monthly

John Thornhill, known on ebay as planetsms, isn’t just promoting it as another make money from ebay™ type of product. He uses his ebay id as part of his credentials as a person qualified to teach others, as well as the fact that he has authored some best selling ebooks, and is an ebay powerseller.

What he says about the secret to success is to follow someone who is successful at internet marketing can’t be argued with, (provided they are teaching what they know and do to make money on the internet)

His monthly membership goes a lot further than just selling on ebay though. John teaches exactly what he does himself to generate multiple streams of income from the internet marketing arena in general.

Each month you get an email announcing that the new Digital Newsletter has been posted on the members’ site. Each newsletter reveals methods John actually uses to make money, and many of them are not just from ebay. The Monthly Audio/Video Training walks you through what he does and the strategies he himself employs. He gives details of exactly how to set up for maximum profit, with a step by step follow along video that any new marketer could easily follow. Clear and simple and with a full explanation of where he did what he did, how to do the same etc.

As well as the monthly digital newsletter, you get bonus material, all the support you need, special offers and the opportunity to ‘Ask a Question’. All questions are answered and the most popular are included in subsequent newsletters.

Included in the package are the tools required to help you succeed, e.g. private label/ brandable material to help you start your own online income.

You can also earn a generous 50% commission by promoting the package to new members.

Finally his price for membership is set at $10 per month (there are also other longer period payment options). In this John’s program differs from many other mentoring programs – most cost much more than this – so all in all, I believe that Planetsms Digital Mentorship Monthly is great value for money.

My recommendation would be to join and try it out, with the 56 day money back guarantee the small $10 risk is removed.

See the sales page here Planetsms Digital Mentorship Monthly

Best wishes

Trish