Business Advice

Are you an entrepreneur?

by admin on June 24, 2009

I love entrepreneurs especially when they are self made!

Entrepreneurs are fabulous people, they reek of passion and clarity, and they are usually visionary and can easily see the big picture. Entrepreneurs also enjoy the company of like minded people; they like great people around them and most find it difficult to suffer fools.

Entrepreneurs are born optimists, they are confident, generally willing to help others and adopt a double win attitude.

This website is based on my real life experiences; there have been many turning points in my business career. The purpose of this blog is to assist you in determining your turning point and hopefully I can give you the inspiration and sanity to continue on your life dreams and goals, even when the chips are down. If I can help one single person avoid the stupid mistakes I made this blog has been worth while.

Never give up despite the setbacks, keep moving forward.
Are you a movie, music, television, or app fan? Buy them all with a $100 iTunes(R) gift card FREE, details apply.

“tough times don’t last, tough people do.”

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If you are prepared to start your own home business, then you can have the financial independence you desire. These tips are designed to assist you in creating a solid plan of action, to ensure your investment of time and money pays off and makes your business, everything you want it to be.

Never underestimate the power of freebies. Your products should always be delivered on time, but also consider what goodies you can pack in your shipments as well. Free promotional items or other goodies will entice customers to come back. It is also a testament of your dedication to your customer’s satisfaction.

Add an email signature announcing you home business. This is something you can have attached automatically every time you send out an email. Your closest friends and relatives will likely already be aware of your business but all of those other people you send emails to certainly need to be told.

To build your business you’ll need to get as much exposure as possible, and hiring a telemarketing company can help. Look for one with professional-looking offices and a large reference list. You may want to call as many references as you can to hear their testimonial, then choose the company with the highest success rate.

Don’t be tempted to branch out into unfamiliar territories just because you are seeing signs of growth. Such a risky venture might turn an opportunity into a sinkhole and ruin your home business. Instead, keep striving to be the best at what you are already doing, and surely you’ll find success.

Find out more about affiliate marketing. You can base your home business on selling products you get from affiliate marketing, or you can use affiliate marketing to have people help you sell your products. Recruit your agents carefully, offer them proper training in marketing and pay them regularly if you want them to work for you.

Make sure you understand the tax laws that apply to your home business. Consult with and tax professional to discuss and familiarize yourself with the tax laws. Tax laws change all the time and can become over whelming so understanding them now will save a lot of hassle and time in April.

Figure out what you will name your business and set up a website relevant to your business name. It’s easier than you may think to have your own website and you can get your own domain name for as low as $9. You can also expand your business with a website.

The key has been finding the advertising channel that best fits your company and your industry and take advantage of it to get the largest bang for your buck. At the end of the day, it’s not about how much you spend or how many eyeballs you reach. It’s about how many customers you can bring in the door while still making adequate profits to float your boat.

Buy wholesale. If you need business supplies and have a business identification number, there is no reason for you to pay retail price for the things you need for your business. Find wholesale suppliers and find the best prices for your supplies. You will save a lot of money if you buy your supplies wholesale.

Before you start your home business, it is very important to have a solid understanding of what you want to do, be able to visualize how you are going to do it, and know what resources you will need to make it happen. The answers to these should not just be in your head but also on paper. Write a business plan! It will not only clarify what you are getting into but also point out where you might be lacking.

By following the guidelines shown here, it is possible for you to launch your business from the comfort of your own home and do it successfully. Take the time to review your needs and start making your dreams of a home business, a reality today. You deserve to have financial security and success.

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Starting a home based business can be profitable, and a great way to achieve work and life balance. Sustaining your business requires that you make it profitable, though and often, that is where people fail. So just what do you have to do to create a profitable home-based business that can remain successful? In this article, we will discuss some of the top tips from the pros, for making your business a success.

Always look for ways you can supplement your income by expanding your business ventures. One of the best ways here is to become an affiliate for someone else, using your website and your business to earn commissions on top of selling products. This can be a standalone business or you can piggyback it on your main business.

Order a smartphone especially for your home business. Using a smartphone ensures that you are the only one that answers the phone, that your clients can always reach you and that you can work from your phone. This gives you a lot of control and flexibility on how you run your business.

A great tip for your home business is to join the Better Business Bureau. This is important because many people will check and make sure you are registered before they do any kind of business with you. You can hopefully further your good reputation with the BBB’s rating of your company.

Do not post your home address online or on your business cards. Open up a PO Box that you will use for all business related issues. There are a lot of crazy people in the world and you do not want to give them directions to your house.

Creating a weekly and daily work schedule is a must for anyone running a home business. Working at home makes it hard to stay on track and focus with all the distractions. Making a schedule will help you to accomplish your work goals. An essential part of running a home business is to be productive.

It’s important to find all the links that point back to your home business website and ensure that they keywords used in the link are included in the list of key phrases you’ve chosen for your site. Email the author of the article or blog post and ask them to change the keywords if they aren’t what you’d like to them to be, and offer a link back to their article in return for their help.

Make sure that you’re giving your customers more than they expect, and this goes for any type of business you’re operating. If you’re selling brownies out of your home kitchen, throw in a couple extra. If you’re selling eBooks at a web store, give one away for every one that you sell. It’s just good business.

Creating a home based business is the way to go if you want to work for yourself, set your own hours, and achieve a work and life balance. Making that business profitable is key though, if you want to become and remain successful. Achieving profits doesn’t have to be difficult, and if you follow the tips we have provided here, you will be on your way. Your home based business can become a valuable investment and a great asset, too.

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Online business opportunities

by admin on January 4, 2012

Online Businesses Opportunities

As you gain more experience in the realm of internet marketing, you will find out that the methods and techniques used by the experts aren’t that complicated at all. With articles like these, containing good information and tips on how to succeed, you can formulate a plan and experience true success via internet marketing.

There are simple ways to encourage your customers to opt in to email correspondence. Your customers will likely love contests and promotions, so why not couple an e-zine subscription with the entry into the promotion or contest? This gives your customer an incentive to be emailed in the future and continuously reminds them of your business.

Stop making your banner advertisements look like you’re just directing attention to something. By designing appealing banners, you can increase the click thru rate and get more visitors to your website. Banners that contain a trivia question related to your website’s niche can be effective, as viewers will click them to find out the answer on your website.

Offer bonus items and freebies to customers who sign up for your mailing list. Providing access to an exclusive video or a free download of an eBook will get your prospects signing up in greater numbers. Make sure the freebie relates in some way to your niche market to increase your conversion rate.

To track how visitors get to your site, use the free Google Analytics program. This program lets you see what keywords are bringing people to your site, and what search engines they’re coming from. This data will allow you to choose your keywords effectively in your future, and to see what search engines you need to better optimize your site for.

Change up your terms to see what works. If you have a product that is guaranteed to give results in two days, measure your traffic for a week. The next week, change the two days to 48 hours, and measure your traffic then. Finding out what terms pull your customers will quickly increase your revenue.

Make sure your buying process is simple. Checking out should be a quick and easy event for the consumer. If there are too many steps, or pages take too long to load due to heavy content, a prospective buyer may rethink their decision and back away. Keep everything flashy to a minimum to increase sales.

Generate site traffic by designing and using an interactive banner ad. The ad can include trivia questions, interesting facts, simple hand-eye coordination games, or intriguing questions. Few online users are entirely immune to the opportunity to demonstrate their knowledge and skill, especially if doing so could possibly win them a prize.

When you are using any popular video-posting site to post your videos, you should try to make sure to add closed captions to them. The fact that you would be catering to users that are hearing impaired shows people that you care about your customers, and that you will go out of your way to make sure they are satisfied.

Marketing isn’t going to be everyone’s cup of tea, obviously, but the good news is that you can market just like the experts once you learn the ropes. Use these tips to guide you along your path and you may just find that a successful business is much more obtainable than you once thought.

Online Businesses Opportunities

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Entrepreneur Search Facility

by admin on December 25, 2011

Entrepreneur Search

 

If you have any serious desires to get into an online business you cannot go past the new search facility I have created for you.

This is a way you can find the top four offers currently available on the Internet.

These are right up to date as of today.
You only need to sign in, ( totally and absolutely free) and you will not only be able to get exclusive access to the top four but you will also be first to know about anything better.

Just click on the banner to access my search engine for on-line marketers.

entrepreneur

Get exclusive access to the top four marketing trends as of today, absolutely free.

 

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Christmas Cheer

by admin on December 22, 2011

It is rather strange but there is something a little different about this Christmas compared with last. The normal quest for greed in the business world seems less obvious than it was last year.

In New Zealand some businesses are offering some very kind gestures to people. There is a very good Indian restaurant in Auckland, possibly the very best. Satya, a southern Indian restaurant with four shops for a great dining experience. These good people are giving away their most famous dish Korma free on Christmas eve.

There is also a dentist in South Auckland offering free checkups and basic fillings for those people who can not afford the expensive treatment normally associated with this profession.

I wonder what is happening in the consumer electronic industry where my passion lies? What are the wholesalers doing for their best retailers? This is the time of the year for smart business people to make their mark. Business is not only about taking, it can also be about giving. The examples I have seen on the news today brings a breath of fresh air and obvious goodwill.

It is really good to see that some people are just going out of their way to see the less fortunate have an opportunity to experience something even if it is just a small gesture.

Surely many good businesses still have old stock, or in fact redundant stock that can not be sold. This stock could be used as give-a-way’s to show thanks for past business.

Staff could be rewarded for excellent performance, it does not always have to be with the end of year bonus. Time after time all we hear about are these greedy people in business who are out for all they can get, showing no care for the needy and no care for the staff member who has stood up to the plate and did an awesome job during the year.

Anyone can take a lesson from these very good people out there who deserve more than they get.

There is no doubt 2011 has been a really tough year for many, there is a world recession still going on, Europe are still having their woes, and Greece is on the brink of financial collapse. Yet the wealthy con men who were running the bankrupt finance companies throughout New Zealand are as large as life in the ski resorts of Europe at this time of year.

If this recession continues we will see more good businesses go into liquidation, and the consumer electronics industry is as hard hit as any others out there. A need has arisen on the retail floor and in the sales rep area to greatly improve effectiveness when it comes to making sales and I have been working hard trying to help enthusiastic sales people achieve a worthwhile consumer electronics job.

If you are reading any of my posts and you fancy a  great sales job go and take a look at my other website here:

Audio Products International.

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Business Checkup

by admin on November 15, 2011

Business

Whether you’re thinking it’s Spring Cleaning Time or time for an annual checkup, your business needs to undergo a checkup each year.  No matter how large or small your business is, you cannot gauge the effectiveness of any changes you’ve made without analyzing the benefits and bottom line.

Here are 10 questions to get you started:

•    How do your year-to-date sales compare to the last couple of years? Don’t be satisfied if you managed to match them because if sales stayed the same then you’ve achieved zero growth.  With inflation, this flat growth line is a warning sign for more trouble down the road.

•    What percentage of your business is from repeat customers? This is important to know because if it’s too low, then it needs to be improved.  The estimated cost of getting a new customer versus retaining an existing one can be as much as five to one in terms of dollars spent.  Keeping customers is more cost-effective than constantly seeking new ones.

•    How long has it been since you offered a new product or service?  Loyal customers like to see you changing and progressing with the times.  If you’re stuck for an idea, ask your customers what they need.

•    Do you consider marketing and advertising expenses or investments?  How you look at the money spent in these areas affects your willingness to spend money at all.  Would you look at prescriptions as a waste of money?  Marketing is really investing in you, your vision, and your company.  The old adage that you must spend money to make money is true, but you must spend it wisely.  Spend it on ads that are pulling responses and orders, and if they’re not maybe you need to change publications.

•    Do you know what PR is and how to use it to positively position your business in the media?  I’ll bet that at least one of your competitors does.  Nearly every mention of a company or business in the newspapers and magazines is a direct result of publicity efforts.  Being quoted or featured in an article speaks volumes to your clients and readers who are your potential prospects.  A good PR consultant can do that for you and show you ways to extend the shelf life of that article beyond its publication.

•    Are you listed in the yellow pages?  If you only have a line listing, consider including a small ad in the yellow pages.  If you can afford it, it will pay dividends throughout the year.

•    Do you teat your regular customers better than your drop-ins?  You should.  If your customers don’t feel special when coming to you for products of services, why should they remain loyal to you?  Have a customer appreciation day or a special invitation only sale for your regulars.  Create a mailing list of your regulars.  Send occasional post cards or greeting cards for special events or just to keep in touch.  Learn to recognize them on sight and greet them by name when they visit you.

•    How long has it been since you really talked to one of your customers?  Just as you appreciate when your Doctor takes time to talk to you, your customers will appreciate you if you take an interest in their needs.  If you have a service business, have lunch or coffee periodically with some regulars – even if they only contact you once or twice a year.  The personal touch in an impersonal world will be remembered.

•    How is your business doing compared to your competition?  Every company, no matter what the size, has competition – even home-based businesses.  Is their business growing or downsizing? Is their pricing or service better than yours?  If so, what can you tell potential customers about the price difference?  Think about how you can improve your service to meet or exceed your customer’s expectations.

•    Are your employees happy?  Don’t ask them directly, but observe them throughout the day.  Watch, listen and learn.  Employees who like their jobs don’t watch the clock for quitting time, aren’t habitually late, don’t have poor body language, don’t spend time on personal phone calls, and don’t look like they never smiled.  Observe how they interact with customers.  Not everyone is a match for direct contact with the public, so make sure you don’t have an employee who is driving business away.

Business

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Attitude toward customers

by admin on November 13, 2011

Business Attitude

 

As a business owner how good is your attitude toward customers?

In the current economic climate there is no place for complacency. If you own a distribution business how often do you visit your customers? How often do you speak with them? Do you just sit by and leave the customer visits to your sales reps?

There is no doubt the deals exist online if you are a price driven customer. Even great service can be had on line. I know of a situation in New Zealand where someone ordered a product from Ebay in the UK on a Friday afternoon and the product arrived on the Monday afternoon only three days later. Yet I have ordered from a local business only a few kilometers away and had to wait more than seven days.

Business attitude is determined by the owner, the way a business operates is squarely on the shoulders of that owner or owners. Attitude towards staff, the way they are treated and the responsibilities they are given is all important.

Your sales reps or sales staff represent you, if you are impartial to the way your staff are trained, if you never visit your customers face to face and make them feel important you do not deserve to be in business. Wholesale and retail business in the current age has changed. It is so easy for a customer to push a single button online and buy what they want. They can do a simple Google search and instantly find the best price. If you are paying rent for a high st store or a big warehouse somewhere just look at what is happening out there.

It is a fact that many business owners have no idea what is going on online, they have no idea what social networking is and most think it is a passing fad. It is a fact that only around three percent of businesses world wide have claimed their free Google places page. Most of those who have have never bothered to set them up properly.

How about Facebook? Most companies think Facebook is a place for individuals to bare their sole! Facebook is in fact one of the coolest online products for any business to significantly improve their online presence.

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Business Attitude

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How to sell loudspeakers

by admin on November 10, 2011

How to sell loudspeakers

The consumer electronics industry is a tough market. The audio and video section of that industry is cut throat. Unfortunately most sales people selling loudspeakers and high quality audio products are passionate about what they do, passionate about the industry but don’t have the real skills to sell. I have compiled this book solely for these audio sales people to enhance their sales. After nearly thirty years in the AV business my passion for good loudspeakers has never wained.
When I sold out of Sound Group Holdings Ltd, a business that I founded in New Zealand back in the early 1980′s I was given the most incredible opportunity by some wonderful people in Canada.
Howard Heiber and Anthony Mosley were part of a world wide loudspeaker manufacturing company marketing mid to high end products throughout many countries.
Sound Group Holdings Ltd was their distributor in New Zealand and after I sold out I was offered the job of South Pacific Sales Manager. I was responsible for selling their products all over Asia.
The interesting thing was many people could not understand selling a Canadian made product into an area that already had low cost manufacturing facilities and it seemed a little like “Carrying Coals to Newcastle”.

 

However all Loudspeakers are not created equal and in this book I have outlined how new skills can be learned by retail floor salespersons to the company representative selling to organizations. This book will provide all the steps necessary to give a salesperson the tools and skills to sell a higher end product. How to escape the discount mentality and genuinely provide a customer with a product above and beyond that customers expectation.

 

The book “How to Sell Loudspeakers” will be released early in 2012 and will only be available in physical format. If you are selling high end audio products and you want to increase your sales contact us and we will advise you the minute this book is off the press.

Are you a movie, music, television, or app fan? Buy them all with a $100 iTunes(R) gift card FREE, details apply.

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