passing over opportunities as well

hmmm... ..it used to be around 10k... thought the 5k was a promotional offer valid till year end

by the way, 17k at where?

Randal:
NICE PIECE

Thanks for appreciating.

Making money and building a business… Any difference?

There is a difference!

In fact, people that don’t recognize the difference within a year after starting their business will suffer for this lack of knowledge until they do.

Let me give you an example to help you fully understand what this point.

Suppose you went out this afternoon, purchased a computer system and some start-up business software at your local office. You come home — all excited — ready to get your new business going. (Everyone has experienced this same type of feeling.) It gives you a great exhilarated feeling to finally take the first step to making your dream become a visual reality.

This excitement continues and mounts bigger day after day. You are so totally absorbed into your new business that you start forgetting about your normal, daily life. Your wife or husband calls you to come to dinner and you say, “In a minute.” However, your “minute” turns into three hours. (I guess, at this point, you could say that you’re “hooked.”)

After several weeks (or months) of this behavior, your family starts feeling very neglected. Or, if you don’t have a family, perhaps your neighbor John or cousin Mary might start feeling you are mad at them — or whatever.

Your wife, husband, kids, neighbor John or cousin Mary would never admit they feel “neglected” — but the feeling is there just the same. After they have reached their tolerance level, they normally will start talking to you. They might ask, “How’s the business doing?” You’ll probably say, “Oh, great! I think I can really make this work.” But the very next question out of their mouths will be, “How much money are you making?”

That is a question that immediately STOMPS DOWN your entrepreneurial spirit. Since you haven’t made any money (and because you have to answer their question), you’ll probably have to swallow your pride and say something like, “I haven’t made any money yet but I’m working on something right now that should do the trick.”

Now, whether you are working on anything specific or not, you have placed an invisible (and perhaps impossible) goal for yourself. You now believe that in order for you to prove to your family, neighbor or whoever, that you are NOT a failure — you have to show them CASH IN HAND! But . . .

Nothing Could Be Further From The Truth!

Making money and building a business are two DIFFERENT things — especially when you are just starting to build a business.

When two big corporations, for instance, decide to merge and become one, they always lose money in the first year or so. But in the third year they make more money than both companies had ever dreamed possible. It was worth the two-year loss! In fact, that’s how you make money — by investing.

Investing money is not the only way to make your business boom. Hard work and sacrifice is another way of investing. In other words, if you don’t have money to invest, you have to WORK for it. Plain and simple. If you’re looking for a way to have your cake and eat it too, you should be expecting the worse.

I know these are NOT words you want to hear. But whether you accept them or not is your choice. Our job has been done. We have revealed the truth to you and hope you accept it as fact.

Article Source - https://www.incomeboostng.com/are-you-just-after-making-money-or-building-a-business/

Most people are always striving to better themselves. For proof, check the sales figures on the number of self-improvement books sold each year. This is not a pitch for you to jump in and start selling these kinds of books, but it is a indication of people’s awareness that in order to better themselves, they have to continue improving their personal selling abilities.

To excel in any selling situation, you must have confidence, and confidence comes, first and foremost, from knowledge. You have to know and understand yourself and your goals. You have to recognize and accept your weaknesses as well as your special talents. This requires a kind of personal honesty that not everyone is capable of exercising.

In addition to knowing yourself, you must continue learning about people. Just as with yourself, you must be caring, forgiving and laudatory with others. In any sales effort, you must accept other people as they are, not as you would like for them to be. One of the most common faults of sales people is impatience when the prospective customer is slow to understand or make a decision. The successful salesperson handles these situations the same as he would if he were asking a girl for a date, or even applying for a new job.

Learning your product, making a clear presentation to qualified prospects, and closing more sales will take a lot less time once you know your own capabilities and failings, and understand and care about the prospects you are calling upon.

Our society is predicated upon selling, and all of us are selling something all the time. We move up or stand still in direct relation to our sales efforts. Everyone is included, whether we’re attempting to be a friend to a co-worker, a neighbor, or selling multi-million dollar real estate projects.

Accepting these facts will enable you to understand that there is no such thing as a born salesman. Indeed, in selling, we all begin at the same starting line, and we all have the same finish line as the goal – a successful sale.

Most assuredly, anyone can sell anything to anybody. As a qualification to this statement, let us say that some things are easier to sell than others, and some people work harder at selling than others. But regardless of what you’re selling, or even how you’re attempting to sell it, the odds are in your favor. If you make your presentation to enough people, you’ll find a buyer. The problem with most people seems to be in making contact – getting their sales presentation seen by, read by, or heard by enough people. But this really shouldn’t be a problem. There is a problem of impatience, but this too can be harnessed to work in the salesperson’s favor.

We have established that we’re all sales people in one way or another. So whether we’re attempting to move up from forklift driver to warehouse manager, waitress to hostess, salesman to sales manager or from mail order dealer to president of the largest sales organization in the world, it’s vitally important that we continue learning.

Getting up out of bed in the morning; doing what has to be done in order to sell more units of your product; keeping records, updating your materials; planning the direction of further sales efforts; and all the while increasing your own knowledge—all this very definitely requires a great deal of personal motivation, discipline, and energy. But then the rewards can be beyond your wildest dreams, for make no mistake about it, the selling profession is the highest paid occupation in the world!

Selling is challenging. It demands the utmost of your creativity and innovative thinking. The more success you want, and the more dedicated you are to achieving your goals, the more you’ll sell. Hundreds of people the world over become millionaires each month through selling. Many of them were flat broke and unable to find a “regular” job when they began their selling careers. Yet they’ve done it, and you can do it too!

Remember, it’s the surest way to all the wealth you could ever want. You get paid according to your own efforts, skill, and knowledge of people. If you’re ready to become rich, then think seriously about selling a product or service (preferably something exclusively yours) – something that you “pull out of your brain”; something that you write, manufacture or produce for the benefit of other people. But failing this, the want ads are full of opportunities for ambitious sales people. You can start there, study, learn from experience, and watch for the chance that will allow you to move ahead by leaps and bounds.

Here are some guidelines that will definitely improve your gross sales, and quite naturally, your gross income. You can call them the Strategic Salesmanship Commandments. Look them over; give some thought to each of them; and adapt those that you can to your own selling efforts.

1. If the product you’re selling is something your prospect can hold in his hands, get it into his hands as quickly as possible. In other words, get the prospect “into the act”. Let him feel it, weigh it, admire it.

2. Don’t stand or sit alongside your prospect. Instead, face him while you’re pointing out the important advantages of your product. This will enable you to watch his facial expressions and determine whether and when you should go for the close. In handling sales literature, hold it by the top of the page, at the proper angle, so that your prospect can read it as you’re highlighting the important points.

Regarding your sales literature, don’t release your hold on it, because you want to control the specific parts you want the prospect to read. In other words, you want the prospect to read or see only the parts of the sales material you’re telling him about at a given time.

3. When you can get no feedback to yours sales presentation, you must dramatize your presentation to get your prospect(s) involved. Stop and ask questions such as, “Now, don’t you agree that this product can help you or would be of benefit to you?” After you’ve asked a question such as this, stop talking and wait for the prospect to answer. It’s a proven fact that following such a question, the one who talks first will lose, so don’t say anything until after the prospect has given you some kind of answer.

4. Remember that in selling, time is money! Therefore, you must allocate only so much time to each prospect. The prospect who asks you to call back next week, or wants to ramble on about similar products, prices or previous experiences, is costing you money. Learn to quickly get your prospect interested in, and wanting your product, and then systematically present your sales pitch through to the close, when he signs on the dotted line, and reaches for his checkbook.

5. Review your sales presentation, your sales materials, and your prospecting efforts. Make sure you have a “door-opener” that arouses interest and “forces” a purchase the first time around. This can be a $2 interest stimulator so that you can show him your full line, or a special marked-down price on an item that everybody wants; but the important thing is to get the prospect on your “buying customer” list, and then follow up via mail or telephone with related, but more profitable products you have to offer.

If you accept the statement that there are no born salesmen, you can readily absorb these “commandments”. Study them, and implement them. When you realize your first successes, you will truly know that “salesmen are MADE – not born”.

Source - https://www.incomeboostng.com/how-to-achieve-excellence-in-sales/

Despite the billions of ideas that pop up in the minds of humans around the globe, not all of them that make money. Very few ideas are worth the time it took for the thought. Most ideas are fleeting “sparks” that go no place and are forgotten before the next day.

Of the ideas that are good, very few are followed up and ever end up as a worthwhile development in the market place. Most people are just not oriented to do anything about their ideas, while others believe it would take too much of their time and money to follow through to completion. This leaves the market place wide open for the person who learns how to “Create” Profitable Ideas!

There are three major formats you can use to create profitable idea:

1. Find something that already exists, the presence of which has never been known before.

2. Invent something. Most inventions are merely new arrangements of things that have already been invented.

3. Alter or improve in any number of different ways something that already exists.

As you “create” ideas, write them down. What you dream up can be your key to great wealth. Keep your mind “open” as you go through each day. What did you notice in the department store that would reduce costs, save money or increase sales if some simple procedure were added or something changed?

Ideas for improvements are one of the most valuable things you can contribute to society. To create ideas for improvements, consider every possibility and alternative for the thing you want to improve.

Learn to create ideas by evaluating all the different aspects of the product, method or concept you are interested in. Put your imagination and subconscious to work and write down your thoughts pertaining to each of the things you expect to improve.

Use the New Wealth, “Idea Format” that follows as your guide for creating money-making improvements.

Idea Format:

List the things you want to improve:
– Why should it be improved?
– Who will benefit from the improvement?
– What is wrong with it at the present?
– Is there a good maintenance program to back it up?
– Can financing be simplified?
– List ways to increase production:
– List ways to increase sales:
– List ways to reduce costs:
– List ways to increase efficiency:
– List ways to improve quality and increase profits!
– What can be done with it to satisfy more people?

This New Wealth “Idea Format” will start the ideas “sparking” and as related ideas come to mind write them down in every variation you can think of. Do not judge the good or bad points of the ideas as they materialize to you, just write them down and judge them afterwards. You will stop the flow of ideas if you are critical of your thoughts before you put them on paper.

When you have answered everything you can about the product or concept and know how it fits in with your plans, sit down and evaluate all the details you have written.

After you have found (created) a good idea, follow it up with questions on what should be your next move in order to do something about it, then act! Get it moving. Expose it to the world with sufficient tests to determine the value!

Come up with ideas that are still in the processing stage rather than get stuck on several vague points that may be worked out later as your subconscious goes to work. If your idea fails, so what; you are just that much closer to finalizing another one, then another… until a useful more valuable idea is born.

Every manufacturing plant, retailer, attorney, accountant; every business person, large or small, cannot continue to
operate in the competitive world of today without someone in the organization constantly coming up with new and better ideas!

Old ideas drop by the wayside as new ideas take their place. Old companies without new ideas fade away.
Those who learn and know how to create ideas and anticipate the changes needed, as the future evolves, have the opportunity to be a great success with big money-making potential!

Another “tool” you can use to help dream up that million idea, is to spend several minutes each evening, relaxed with your eyes closed. Pick any object that comes to mind and try to change it in your “mind’s eye”. Change it in every manner you can think of to improve it.

The following evening pick another subject or object and repeat the process. Soon you will be using 20% of your brain power instead of the 10% normally used by the average person. As your knowledge and “brain power” increase so will your bank account.

Just think what we could accomplish if we could get the other 80% of our brain power working? On second thought, let’s not try to get 100% efficiency out of your human computer . . . we would probably blow up the world for sure.

Another good way to “spark” ideas is to go through the classified and want ads in the newspaper … Also the yellow
pages of your telephone directory. As you read, think of something that would be of value to the company or person, or enhance the item you are reading about.

In summary, learn to develop ideas from observing everyday things and details. Think of what could make something better. Dwell on things that have a large marketing audience, something that everyone needs and wants. Write your ideas down.

Source - https://www.incomeboostng.com/how-to-develop-killer-money-making-ideas/

There is one simple reason to understand and observe financial planning in your business and that is to avoid failure. Eight of ten new businesses fail primarily because of the lack of good financial planning.

Financial planning affects how and on what terms you will be able to attract the funding required to establish, maintain, and expand your business.

Financial planning determines the raw materials you can afford to buy, the products you will be able to produce, and whether or not you will be able to market them efficiently. It affects the human and physical resources you will be able to acquire to operate your business. It will be a major determinant of whether or not you will be able to make your hard work profitable.

This content provides an overview of the essential components of financial planning and management. Used wisely, it will make the reader–the small business owner/manager–familiar enough with the fundamentals to have a fighting chance of success in today’s highly competitive business environment.

A clearly conceived, well documented financial plan, establishing goals and including the use of Pro Forma Statements and Budgets to ensure financial control, will demonstrate not only that you know what you want to do, but that you know how to accomplish it. This demonstration is essential to attract the capital required by your business from creditors and investors.

What Is Financial Management?

Very simply stated, financial management is the use of financial statements that reflect the financial condition of a business to identify its relative strengths and weaknesses. It enables you to plan, using projections, future financial performance for capital, asset, and personnel requirements to maximize the return on shareholders’ investment.

Tools of Financial Planning

Here are the tools required to prepare a financial plan for your business’s development. They include the following:

* Basic Financial Statements–the Balance Sheet and Statement of Income

* Ratio Analysis–a means by which individual business performance is compared to similar businesses in the same category

* The Pro Forma Statement of Income–a method used to forecast future profitability

* Break-Even Analysis–a method allowing the small business person to calculate the sales level at which a business recovers all its costs or
expenses

* The Cash Flow Statement–also known as the Budget identifies the flow of cash into and out of the business

* Pricing formulas and policies–used to calculate profitable selling prices for products and services

* Types and sources of capital available to finance business operations

* Short- and long-term planning considerations necessary to maximize profits

The business owner/manager who understands these concepts and uses them effectively to control the evolution of the business is practicing sound financial management thereby increasing the likelihood of success.

Source - https://www.incomeboostng.com/the-necessity-of-financial-planning/

1. Private Tutoring. To start this business, you would have to be qualified in at least one academic subject, have some teaching skills and experience (being a training instructor could qualify). It’s less demanding than full-time teaching and you don’t have to put up with the bureaucracy. It will undoubtedly be evening and (perhaps) weekend work, but you can charge some good fee depending on the subject.

2. Catering. If you like to cook, consider the catering business. If you have a good kitchen set-up and can cook large volumes well and have a few handy unusual, but tasty recipes, you can be become a local party favorite. Repeat business is the name of this game and you can charge per person for your catered meals or appetizers. Ethnic dishes are the in thing for parties these days and the more diversified you are, the better.

3. Computer consulting. If you are a programmer, this is certainly a job that can lend itself to contract labor, run out of your own home. Competition is heavy, but once you have a few clients, you will likely make an excellent living at something you’re good at and probably enjoy. The more diversified your experience, the more likely the calls coming in for your services. You will need to stay up on current technology, but most programmers do this naturally.

4. Arts & Crafts. If you have a propensity for things arts and craftsy, you should consider selling your goods for a living, part or full-time. If you love to paint, or sculpt, or make pottery or whatever, there is a lot of potential for you. Businesses buy lots of arts and crafts each year for their firms’ decorations or for sales contest prizes, convention awards and the like. If you are already doing this, you probably have studio space in your house plus some supplies to get going. Step it up to the next level!

Below are some other home-based business ideas for you.

* Dropshipping. This is really cool and if you are yet to get your way around it, our academy resources will be very useful to you.

* Freelancing. This cannot be overemphasized and it is one home-based business idea that is always frequently mentioned. It is so cool especially if you are dealing with niches you have passion for.

* Consulting. If you’ve been in a specific field for a length of time, you’ve likely built up an arsenal of knowledge about your subject. The more you know, the more you can offer any person or firm interested in breaking into, expanding or becoming more competent in this area. If your name is recognized, so much the better. Consultants can earn high hourly fees, expenses paid for.

* Writing. This is a one skill that can make one a fortune. Knowing how to put words, thoughts, ideas, stories, etc is really making some smart people good money without them, leaving their houses.

Summary

Home-based businesses are the chances of a lifetime for many of us. It’s the opportunity to be your own boss. This is not work without risk. Knowledge of how to run a business is also critical. That’s right!


Source - https://www.incomeboostng.com/how-to-make-money-without-leaving-your-house/

When Ronald Reagan took the oath of office for the Presidency in January of 1981, one of his earliest pledges was to make life a little easier for the small business person. Reagan believed that America was founded on the backs of intrepid folks who took a chance and gambled everything they had on a chance to start fresh. Small business today was the embodiment of that idea.

Less regulation and lower taxes during the former California governor’s first term in office sent the number of small business formations skyward and the industry, despite increased taxes and regulation, has never looked back. Today, as much as ever, there are outstanding opportunities in the small business market.

Think about it.

Big business puts out a controlled product that appeals to the masses. Selling nationwide, there isn’t much attention paid to particular regional
differences. Small business fills this void. It’s not necessary in an environment of lower overhead and more flexibility to have a product that necessarily appeals to
the masses. You might produce, out of your own home, Tshirts and apparel with local slogans and insignia on them.

This product will likely appeal to the locals and certainly may have some fascination for tourists, too. It’s not something a major company is likely to fashion because of its limited audience attraction. But you don’t need to sell as many units to operate a successful small business.

There are numerous examples of small businesses having local flavor that become an overnight sensation nationally.

Perhaps you have that kind of ambition. It may be that your idea for a home-based business may have a national market. It’s wiser to start smaller if you don’t have a
lot of initial capital. If you have access to capital, that’s a different story.

Wayne Huzienga, owner of the Blockbuster video stores, borrowed heavily to finance his outlets. The first store didn’t make any money. But he believed in his idea — to have numerous video copies available for two or three nights at a time. He thought people would pay a little more for this kind of convenience. The first ten stores didn’t make any money. Neither did the first 100 stores. But Huzienga knew Americans. Suddenly the profits started to come and Blockbuster has developed into a commercial trademark for most shopping outlets in his country.

But you don’t have to make it that big to be a financial success. You can make thousands of dollars a week from our own home without having to invest that much capital in the business start-up.

There is one thing you can count on when you begin your own business. You won’t be bored. There are plenty of details to accomplish, a number of tasks that await each day. You won’t find yourself looking at the clock much, that’s for sure!

What do you do? That’s easy! What ideas do you have?

More importantly, what would you like to do? What are your current interests? What hobbies do you have that you’d like to work at more and make them pay?

You need to make analysis with any of your ideas. Make lists! Put your idea at the top and think of all the possible connections to it. Leave no idea out! Nothing should be considered silly or off-limits! This is your business now! The most obscure contact can yield the greatest results. Try them all!

This should also serve notice that any idea is possible for business. If it’s something you like to do, why not try it? Many of these ideas can be followed up on your own time even while you’re still working for someone else.

If you hate the job you’re currently in, wouldn’t it be great to work at something you truly love? Especially if what you love has an interest for others — enough interest to have someone put down a few bucks for your product or service.

Securing clients for your service is the key. The more new customers you obtain, the more likely your business will experience tremendous success.

Prospecting for new clientele is an ongoing process. It never stops! Some people may not care for that end of the business, but you’ll be different. Why? Because you’re working in your own business, doing what you love to do in an area that you have a great amount of knowledge and curiosity in. When you talk about it, there will be no hiding the fact that you truly believe in your product or service. Talking about it is fun. Talking about it is prospecting. Hence, prospecting is fun!

How do you get people to open up today when you’re in a conversation with them? You ask them about a subject you know they like — and then let them talk. Prospecting in your business is going to be much like that. You’re going to feel compelled to talk to people about a subject because it’s your favorite topic. Those that share that interest are going to like listening — and talking about it! They’re prospects! They’re interested! They’re potential clients!

You may choose to advertise your product or service. This has more start-up costs to it, depending on where you advertise. Try and be market-specific! In other words, advertise to an audience most likely to be interested in your subject matter.

You can start getting news out about your product or service through your family and friends. They can do a lot of word of mouth advertising for you. The more people they talk to, the faster the word about your business gets around.

This is the hardest part of the business — getting enough people to know about what you’re doing. But once you know how to do it and you’ve started the machine rolling, this all becomes easier. You may end up with more clients than you know what to do with — a great situation to have!

There are a number of resources out there for you to review as you get started. The advice and information you can obtain may help you to avoid some of the more common mistakes. Every connection you make might lead you to a nest of prospects.

Home Based Opportunities

There are a few businesses that you can get up and running quickly if time is of the essence. If you’ve just lost a job or you can’t take the one you have much longer, here are a couple of fast start ideas.

on point, especially number 1

Okay

business first

bamasite:
While I support op, You need to develop the skills required for efficient service delivery.

of course

okay

fk001:
Yea that's the truth

of course... and it was communicated in the most precise way possible...

StarUp:
To become a multimillionaire in year 2018, you won't need prayer or fasting or sowing of seeds neither would you need hustling...just look for a problem that affects the general public and proffer a solution.

spot on and on point.

This applies to any year, at any point, in any time.

Igsam20:
... please tell me how do i get paid from Nigeria with these online businesses everywhere. can i receive straight to my Nigeria bank account?
thanks.

Yes, you can receive payment for online businesses in a different ways and channels.

okay

hmmmm... noted

Someone some time ago said, start from where you are, with what you have...

You can start with the job while looking forward to other opportunities and income streams.

No matter what people think, one income stream can never be solid enough.

See 12 Irresistible Reasons To Start Earning An Extra Income This Month

blogging is cool but not something you should expect overnight success.

okay... one or two things learnt

Just wondering if you were able to withdraw... all this online free money tings sef...

Anyways, see tested and proven income opportunities at www.incomeboostng.com

Start up a business or businesses Sir/Ma... You may find this resource page useful.

China, Mauritius, etc to mention but a few

8. Not doing something about it.

See 12 Irresistible Reasons To Start Earning An Extra Income This Month

cc dominique, MrKnowitall

Talking about online investment and not losing your money, read this. You may learn a thing or two.

Be wise!
Invest wisely!!
Invest on a fertile ground!!!