Showing posts with label home business. Show all posts
Showing posts with label home business. Show all posts

Monday, August 31, 2009

Are You in the Right Business?

We get emails everyday from someone hyping a business online or we hear all about the great returns of starting your own business using a franchise system.

Don't get me wrong...I believe if you choose the right business you will be successful no matter the system or the media you use to promote your services or products. What does concern me is if someone is just exchanging one job for another and calling it a "business".

I just read an article which addresses some challenges to picking the right business or exchanging your old job for a new one,"The 7 Most Overrated Businesses". It has some very valid points we can all take a moment to ponder to see if we are, in fact, in the right business for our strengths, skills and passions.

You may be in one of these businesses and you may be extremely happy and successful, so it isn't an affront to anyone who is enjoying the benefits of small business ownership in these categories.

This is kind of a public service announcement to those who are feeling the pain of job loss and need to create an income. I just want you to carefully consider who you are and how your chosen small business will match up. Each will require investment of your, money, time and effort not to mention the support of your family.

So the more carefully you consider the business and look into yourself to see whether it's a commitment you can make for the long-term, the better your chances of success!

As always, if you have any suggestions or comments, please let me know what you think!


Ta~

Jax

Tuesday, June 16, 2009

Are You Getting Enough Sleep?

We all have heard the saying "you'll get plenty of sleep later when you're dead", right? Means you're not working or you're just lazy and doesn't leave you with the warm fuzzies if you just want to get a good night's sleep...

The lack of sleep is taking a toll on our bodies' health and ability to perform at peak levels so we might want to forget that old maxim and catch up on a few zzzz's to make our lives better!

It costs more than just short-changing ourselves on rest: it increases the cost of health care, the ability to make money, quality of life with our families, just to name a few big things.

If you're a chronic sufferer from indigestion, colds, fatigue, stress, you may not be getting enough sleep and not resting while you do sleep.

I came across this article in the Wall Street Journal that I believe gives us great insight into the topic and truly worth the read: "When Sleep Leaves You Tired" (June 9, 2009).

You might want to alter some of your activities to just simply allow yourself some snooze time and enjoy the time you have now!

TTFN~Jax

The Forgotten Art of Networking

Ever attend a networking event?

Ever walk away with a bunch of business cards and nothing ever transpires from your collection?

Ever hand out your business cards but you never get a call?

If you're able to answer "yes" to any of those questions, then you're in the "Land of the Lost Networker".

There is a difference in handing out a business card and making a connection. In my own experience, the "art" of networking has been sacrificed for being able to amass the largest collection of business cards. And all those cards become useless since there is no face or connection to provide a motivating reason for the receiver of the card to connect with the giver.

Of course, we all want to have people call us who are interested in our business and who truly want to do business with us. So, what could the challenge be?

The point of networking is to meet people with whom we can share our stories and our services so we can continue to reach our personal goals. Handing out your business card only shares a name and, occasionally, it scares some people from actually calling you even if they have the greatest need for what you do because of the impersonal feel.

What we need to remember is we are all doing the same thing and the networking party has now become a "me" event. That is, the only reason you have the card is for you to call them and benefit from their service and not the other way around!

The "art" of networking should be about what we all bring to the table, for what we can do for someone and also for what they may be able to do for you. When I network, my goal is to build goodwill; I want to know about your business, your ideal customer, how I may help you. My expectation is to build a solid relationship to help you reach your audience, and, let you get to know me so you feel comfortable referring me to people you know.

By the way, "goodwill" is an asset on your balance sheet which improves your net worth especially in the marketplace. If large organizations can use good will to increase their value, why shouldn't small businesses?

Granted, it isn't the fastest way of making money but it gives you more credibility. Our reputation is more more valuable than our business card collection! The next time you attend a networking event, spend time speaking with a few people and getting to know about them rather than trying to be the one to collect the most cards.

For more information, there is an awesome resource of material from Bob Burg, a renowned author and speaker on the subject of networking.

Let's bring more success to the Art of Networking for all us!


TTFN~Jax

Saturday, March 21, 2009

Need Another Income? Become A Business Owner!

It's the challenge of any economy, personal or global: where to generate enough money to pay for goods.

So, right now, in mainstream media, network marketing and MLM (multi-level marketing) opportunities have a new life! This is good for not only those in Home Businesses; it's great for the economy!

Here's just a few reasons why it's good for you:

1: You have an opportunity to earn income separate from your job. If something affects your salary, you have a back-up plan and if nothing happens, you have a spare tire to pump more cash into your future goals!

2: You can explore your passion for profit and interests and involve your family! Does your full time job allow you this freedom? If it does, that is wonderful! If not, you can use your skills and interests to build a legacy for your future and even pass it on to your children.

I have friends who love what they do in their job and build a business to fund their future!

3: This is a capitalistic society which rewards business ownership. The tax system in the US allows you greater options than regular wage-earners. It could change the amount of disposable income (cash you can use) you have available.

4: It makes the economy healthier to have people earning,spending and saving! Look at it this way...the more goods sold, the more times money exchanges hands, the more money companies have available to develop new technologies. It's the consumer that drives the markets.

I've been in my business for several years sharing my passion for building a business and helping other people build theirs. The opportunity to serve others while earning income for myself is one of the joys in my life. So much more fun than being a cubicle rat trying to reach the next promotion and hope a raise comes with it!

Robert Kiyosake, author of the "Rich Dad, Poor Dad" series of books, developed the Cash Flow Quadrant. The CFQ simplifies the transition from being the employee to becoming an investor. Having a system in place, allowing you to earn income, whether you are there or not, is the key to becoming financially secure.

Network Marketing/MLM is not about "getting rich quick". Rather, it is a way to better your lifestyle, provide you with more options, and possibly do something you always wanted to.

You can check out those opportunities, and, I can only speak for mine, online. Make sure you do your due diligence on whichever company you find interest in as you will have to make an investment in it. There are fees associated with most of the things we do in life; there are no free lunches.

However, contrasted with franchise ownership, "mom and pop" shops, restaurants and the like, these opportunities give you a greater potential for income, with more leverage of your time without the huge investment of capital.

These opportunities aren't for everyone. They are for you if you've ever said you want more:

More than you have now,

More than your current career will provide you or

You simply want to do something important to help other people

If you'd like to take a look at my business, you can check it out here: http://www.primerica.com/jlicurse. My business is helping people to understand the rules of money and to get more value for their income. You can leave a message there or you can email me directly: debtcure123@gmail.com.

I'd love to hear your comments!

TTFN~Jax

Tuesday, March 3, 2009

Bring Sexy Back To Your Home Business

Hello again! I found some really exciting stuff for my friends who have a Home or Small Business that I want to share with them. Okay, I admit it...I find it exciting, financial geek that I am!

Sometimes, being in a home-based or small business loses some momentum because you get distracted by things which aren't growing your business. One of those things are the state of your personal finances. Let's bring back that original glow of excitement so you can go on to reach your potential!

Since I am also in a small business, I want to make sure I manage my cash flow properly, and, along with this train of thought, what tax benefits I can take advantage of while I do business, among other things.

So what does this mean to you? Hmmm, you have a lot to do already and don't really have time to read all this stuff, right? Wrong!

You need to know your financial situation and how to safeguard your finances in any economy. You did enter into your home business to make money and not lose it, didn't you?

Here are a couple of great tips from PowerHomeBiz.com you can profit from in their blog on debt, tax benefits, cash management which you should be aware of: http://tinyurl.com/bz4us7. Get yourself on a financial gameplan so you can stay on track just like you plan that next campaign for the new product launch. Some wise man said, "If you fail to plan, you plan to fail".

While you need to understand some basics to be savvy on your personal finances, you should have the advice of a professional financial adviser - so you can concentrate on your business of creating a stable income.

Arm yourself with an understanding so you can make the right choice of who will do the best job for you!

In a later post, we have some tips on how you choose an adviser.

For now, we'll leave you with this thought: Use your time in the most efficient and effective way possible; leverage your time and delegate those things in which you are not efficient. Why spend your time doing things that don't make the income you'd lose doing it yourself?

Ta Ta for now!

Jax