Wednesday, December 14, 2016

Learn to run a successful training workshop part 6


LEARN TO RUN A SUCCESSFUL TRAINING WORKSHOP
Part 6


Let your Creativity Shine
Nowhere is it stipulated that workshop have to be conducted in a specific way although many often are. Workshop are an extremely flexible and effective method for training, learning, developing, changing methodology, team building, problem solving and virtually any organizational challenges.

Let It Show
It is possible for an organizer to run a workshop anyway they want. The options are as wide the organizer's imagination. The incorporation of different activities, materials and challenges can help to add variety and to maintain interest and involvement

Attendees can be more readily engaged if the organizer contacts the attendees before the workshop to assess what their needs are.

Organizers and presenters should try to tailor the content and structure of the workshop for the particular situation an not just use the shelf formats.

Unless there is a good reason for using laptops and projectors delegates should use flip chart paper and colored maker pens and hang the sheets around the walls. This enables the attendees to be more dynamic and creative than modern technology media does.

Organizers should encourage people to use creative methods that are appropriate for their personal style and their learning style. Visual, spatial, creative people enjoy working with flip charts, colors and post it notes etc.

People centered individuals and teams enjoy human interaction involving role plays, discussions, and mutual interviews. Logical, numerate and process oriented people are happier working with more structured planning tools and computers.

Considering the needs of the attendees and being creative will greatly assist workshop success.

workshop organizers will be faced with having to deal with attendees who have participated in workshop before. Indeed some seasoned staff members will no doubt have had to attend numerous workshops and might even be quite negative attending a workshop.

Staff attitudes are know and it is up to the workshop organizer and presenter to come up challenges and to ring he changes to ensure that all attendees have a positive experience at the workshop and gain from it and that as such the workshop is successful.

Learn to run a successful training workshop part 5


LEARN TO RUN A SUCCESSFUL TRAINING WORKSHOP
Part 5

Get People Involved During The Workshop
In order for a workshop to be successful there has to have been opportunity for all attendees to have participated in an interactive way. If this does not happen then there has not been a workshop organized at all and the attendees have been at a lecture.

Include People
While some staff might gain from being in lecture situation there is a very good chance that other individuals will day dream, doodle, text or in other ways fail to be alert and receptive to the goal of the workshop.

So the underlying task for all workshop organizers is to plan for them to be interactive. Because unless all attendees gain from the workshop then the workshop has been a disservice to the organization as valuable production and service time will have been lost.

Some staff will attend and participate in workshop willingly whilst others are intimidated and uncomfortable in workshop settings. It is the role of the workshop organizer to come up with ideas and ways to put this latter group at ease so that they can participate well.

One very common technique that works well to put people at ease with one another is the employment of icebreakers at the beginning of the session. The funny and non challenging activities generally manage to get staff to relax and to feel more comfortable being with each other.

It is a good idea to ensure that all group work is organized into small groups. Large groups can be threatening to certain staff members and some will not contribute well in such settings. Making the groups smaller encourage the shy members to participate.

Another way of ensuring that people remain involved and are actively participating in the workshop is to allocate specific task to each group member.

Such task might include recorder, time keeper, reporter etc. The organizer should arrange to ensure that all groups get a chance to report to the entire workshop. The organizer should also indicate that they value receiving the ideas and thoughts of the attendees.


Learn to run a successful training workshop part 4


LEARN TO RUN A SUCCESSFUL TRAINING WORKSHOP
Part 4

Create Agenda And Follow Up Plan
Organizing a successful workshop takes a great deal of very careful planning and a considerable amount of time. Whilst all personnel are busy and it might seem that the workshop is detracting from productivity, nothing could be further from the truth.

Correct Planning
A successful workshop should lead to improved morale and production and the raising of skill and performance levels. Failure to plan for success will mean the loss of potential.

Having established the importance of there being a workshop and establishing its goal. The workshop organizer has to give careful attention to the formulation of an agenda and a follow up plan.

Knowing the goal of the workshop the organizer needs to develop a list of discussion topics for the workshop. They should be sequenced in a logical topics can then be formulated.

The next consideration is working out the time allocation for each point. This is critical so that any supporting visual aid material can be sought and researched to ensure that it can fit into the allocated time slot.

Thought will have to be given to allowing time at the beginning for ice breakers and time given at the end to receive feedback from the attendees.

Bearing all those points in mind an agenda covering all areas for development should then be drawn up ensuring that the workshop can fit into its allocated time slot.

It is not possible to assess how successful or otherwise any workshop has been unless there has been feedback from the workshop attendees. Bearing that point in mind the workshop organizer has to formulate a follow up plan.

This normally consists of a questionnaire to determine the value of the workshop to the attendees. Time needs to be allowed so that attendees can voice their opinions about the workshop an how effective or otherwise it might have been.

Assessments of staff performance later will also indicate how valuable the workshop had been.

Learn to run a successful training workshop part 3


LEARN TO RUN A SUCCESSFUL TRAINING WORKSHOP
Part 3

Determine Attendees And Location
Once an organize has established that it needs to organize a workshop there has to be time allocated to establishing the exact reason why it is felt that a workshop is necessary.

The Plan
Thought has to be given to what needs to be developed within an organization or what needs to be addressed and improved. Once that has been ascertained it is possible to give consideration to which personnel ought to attend the workshop in order to benefit from it.

When the proposed number of workshop attendees has been established then the next to be addressed is the location of the venue for the workshop.

Personnel should only attend workshops that are relevant to them and the work that they are doing. Nothing will be gained by issuing blanket attendance request to task specific or skill specific workshops.

Staff whose sphere of interest is not part of the proposed workshop parameters will only become bored and dissatisfied and not only that they have been removed from their work station and production will suffer by their absence from work to attend a meaningless workshop.

From time to time there will be certain workshop that are pertinent to all staff members but usually that is not the case.

Once the total number of attendees of a proposed workshop has been determined then it is possible to give consideration to finding a suitable venue.

Somewhere will have to be found that will accommodate all attendees in a satisfactory manner. The size of the venue is important for whilst too small venue will obviously be unsuitable so till will be too large a space

As most workshop incorporate sessions involving group work the proposed venue has to be able to have spaces where groups can adjourn to. Thought will have to be given to how suitable or other a venue will be to supporting necessary technology for  the workshop.

Consideration will have to be given to basic logistics such as accessibility to the venue and car parking, along with provision for such basics as food and beverages and sufficient bathroom facilities for the number of attendees.

Tuesday, December 13, 2016

Learn to run a successful training workshop part 2


LEARN TO RUN A SUCCESSFUL TRAINING WORKSHOP
Part 2

Workshop need to be valuable experience for everyone who attends. Many workshops are a waste of time because there is no clear goal kept at the center of discussion and attendees come away from the workshop wondering what it was all about or what is purpose was. without this clear goal there is no real point in getting people together to attend a workshop.

What do You Want to Accomplish
Every workshop must have a clearly defined goal. The goal is the desired result that the organization envisions, plan and commits to achieve. The reasons behind organizing a workshop may be many and various.

It may be that an organization want to focus on its recruitment procedure. Other businesses may need to undertake some team building activities for newly formed teams. Another reason could be to teach better organizational skills to a section of the staff.

The workshop organizer has to define  the workshop goals that represent the intended outcomes of the workshop and are aligned to the participant's needs and interests.

It is important to define at least two goals; one goal that focuses on the workshop content and one goal that focuses on taking actions. Coupled with this it is important to identify objectives for each session of the workshop, the objectives being the steps leading to achieving goals.

Thought must be given to what it is the organization wants the participants to know at the end of the session. Once that is known it is possible to form well constructed goals.

With well defined goals the presenter of the workshop can organize appropriate challenges for the participants, challenges that will direct and motivate their learning.

It is important to remember that the work shop goals are not the same as the workshop objectives. The objectives are the steps to achieving the workshop goals.

Each element of the workshop is an objective aimed at achieving the workshop goals. A workshop with clearly defined goals is on track to being successful.

Learn to run a successful training workshop part 1


LEARN TO RUN A SUCCESSFUL TRAINING WORKSHOP

Workshops are great for brainstorming, interactive learning, building relationships and problem solving.  To reap the rewards from a workshop it is important that is well planned.

Workshop Basics
Before the workshop it is necessary that the organization have a clear goal. I s the workshop being run as a team building exercise or a training activity? Decisions must then be made as to who will attend. Knowing exactly who will attend directly relates to the objective.

To be successful the choice of the location for the workshop must be right. The size of the group attending will determine the type of facility to be looked for.

Thought needs to go to the logistics and practical details of the workshop such as the visibility of any visual aids and whether or not the location can support any technology that might have to be used. Consideration needs to be given to organizing accommodation for people attending from afar, the catering facilities provided and if the venue has appropriate spaces available for breakout sessions.

Once the primary objective and attendees have been ascertained it will be necessary to develop outlines of how to achieve the workshop goal.

Thought has to be put into the main points to discuss and then each major point broken into details and the visual aids listed that will be needed for each point.

Consideration then has to be given to which discussion points will be raised when and which activities will be held when how much time will be allocated to each. The only way to determine how successful the workshop was is to have a feedback plan. A questionnaire must be devised to give to all participants and there needs to be time to share their opinions on how well it went.

Getting everyone involved is the key to success. Everyone needs to participate and keeping small groups will help people to be able to contribute better.

Careful planning and attention to detail will ensure workshop success.

Your First Online Sale - Provide Great Customer Service


YOUR FIRST ONLINE SALE

Provide Great Customer Service
Good customer service is very vital element which precedes even the best product or service being sold. A happy customer is not only a possible repeat customer but also an invaluable sales and marketing tool for the advancement of the business. Customers who are kept happy are more likely to take the trouble to provide invaluable feedback which gives the other party the change to positively enhance the product of service sold.


Take Care
Making a sale online is of course the primary target of each online business formula however keeping repeat sales going is an equally important and should not be under-estimated when it come to the element of keeping the business endeavor ever present and relevant. Some of the tips that should be followed when trying to provided good customer service are as follows :


  • Always take the time and effort to respond to any queries that may be presented by an interested party. Showing fairly immediate response allows the potential customer to form a positive impression on the product, service or business.
  • Avoid at all costs making promises that are unlikely to be kept. Though there may be very need to make promises in order to placate a customer, the danger of causing negative perceptions when the promises are not met is detrimental to any new and growing online business.
  • Being as helpful as possible also creates the necessary "comfort zone" for the potential customer which may encourage the sale even if the buying participant is not totally confident in the product service or business endeavor.
  • Providing a seemingly personal touch or concerned element also helps to garner the desired results of getting the potential customer to make a firm commitment.

Your First Online Sale - Use JV Marketing


YOUR FIRST ONLINE SALE

Use JV Marketing
Most partnerships condider JVs for the purportedly advantage of acquitting benefiting information, expanding client lists, broadening the revenue possibilities and such. Combining the resources of two or more established entities is meant to elevate the already existing business formula to a higher and more profitable ration. Strategies can be engineered to enhance and create a successful scenario for higher revenue.

Market with Others
Thes JV marketing styles can provide the platform for development of new assets and continuity of equity and assets. In some cases very different element can be brought together through the JV exercise which can further contribute  to a more niche target audience.

Another reason to consider using JV marketing styles is the cost element which can now be lowered for each party as the overall cost is now being shared between all concerned, which in turn gives the endeavor "space" to explore possibilities due to the lesser burder on any one party.

However it should be noted that for this style of partnership to work all those involved must be equally committed to the success of the endeavor and willing to put in the required time and effort combining all resources for the benefit of all.

As in most cases since the money element is also part of the necessity of a JV marketing exercise, the suitable strategic plans must is made with both parties being contributors while keeping the focus on the positive future of the venture.

Some of the different types of JV marketing that can be beneficial to consider are foreign interest in to a local online business venture and vice versa, foreign and local entrepreneurs making a combined venture of their endeavor, linking with larger entities to garner a bigger market share and many more. The main aim of a JV marketing tools is to ensure a larger share of the market using the most cost effective and time effective ways.

Your first online sale - Get Traffic and OPT-ins



YOUR FIRST ONLINE SALE


Get Traffic And OPT-ins
The art acquiring as much traffic and opt-ins as possible should be explored to ensure optimum hits are directed to the site to business revenue purposes These tools should be used as it allows a huge number of targeted audiences to be drawn to view the contents of the site intended. Being able to market the email data many times over allows the individual to reuse this beneficial outlet to its optimum.

Visits
Some of the points that would work to ensure the desired interest is getting the image or video that would interest the target audience and if the said posting is vaguely of actually focused on the product or service being sold at the site, the content niche should work to an even better advantage.

Having the added requirement that encourages the potential viewer to take certain steps in order to reach viewing sequence should be incorporated.

These online methods of converting prospects into customers and clients can be among the best and most effective way of gaining the desired revenue.

Designing a good landing page is specifically the way to get the target audience to consider signin up and thus parting with their email particulars. Once compiled, this list will prove its worth of t the online business endeavor.

In the quest to get the traffic flow and opt-in list compiled the individual must identify the actual type of target audience needed for the particular product or service being presented.

Failing to give adequate attention to this point will result in hits that eventually become less or irrelevant altogether. Also keeping the focus of one page, one action is clearly a better idea rather than bombarding the perspective visitor with too much confusing information. Also keeping the  "forms" or information needed to a limit also encourages more visitors to sign up as the process is easier.

Your First Online Sale - Set Up an Auto Responder


YOUR FIRST ONLINE SALE

Set Up An Autoresponder
Using the auto responder tool can be quite advantageous if the individual understands its potential and its uses properly.

For most businesses on line this is considered an essential tool to utilize most business on line this considered an essential tool to utilize in the quest to have semblance of a personal interest in the on goings of any transaction between the seller and buyer or any other types of online partnerships.

Understanding and utilizing the auto responder toll to its optimum can encourage the feeling of the "personal touch" although it is of course far from that in reality.

Put It On Autopilot
The auto responder can be designed to suit the needs of various online endeavors with the use of suitable software available. The functions of the auto responder can range from simple acknowledgements, notifications, receipts to follow up information to list just a few.

This is very useful in the quest of tracking the progress of any online business and eliminates the hassle of having to manually respond to every inquiry or lead presented.

Perhaps the primary functional use of the auto responder would be with the intention of reminding people of the individual's existence and the products being features.

Most people are too busy today, looking into other aspects of their business, to take on the time consuming exercise of responding to every email coming in, thus the auto responder helps to take away some of these potentially stressful tasks.

Other features of benefit in setting up an auto responder include generating leads for the onine business eandeavor. When the individual responds or signs up for any news letter or other forms of consistently sent information the auto responder software will manage the emailing lists and keep track of all "Movements".

Potential customers who are happy with the quality information provide by the online business will be open to continuously receiving such information thus creating another effective reason for using the auto responder.

Monday, December 12, 2016

Your first online sale - Figure Out What You will Sell



YOUR FIRST ONLINE SALE

Figure Out What You Will Sell
Putting in the effort design outstanding websites and blog sites for the intended product, without any research done into other more important elements like target audience sentiments, would be a major setback and even a mistake in its entirety. This often leads to wasted effort and demoralizing sentiments which can cause the intended online endeavor to stall.

Your Product
Perhaps the first step to take would be to ensure the market sentiment of the time Selling a great product that has no impact on the general needs and likes of the audience would be a wasted effort. Instead research should be done on what is making big "waves" on the online scene at the time.

The attention should be focused on what the online buyers keenly look for and most importantly purchase. The purchasing power of the target audience should also be prime concern.

Featuring a good product towards the market percentage that has almost no purchasing power does not benefit the online business in anyway.

Even the traffic directed to the site based on the avid interest in the product will not eventually into revenue because of this sheer lack of purchasing power.

Thus choosing a product just based on its wonderful feature may not get the desired revenue online. In contrast, choosing a product that the market or target audience with purchasing power is passionate about will create the necessary interest that brings in the revenue.

If the product chosen is part of an already established line, then other complications may arise with regard to the freedom available to the individual to "sell" the said product. This maybe because the style intended for the website or blog site is not in line with the current approved style intended for the website or blog site is not in line with the current approved style the company selling the products uses.

Your First Online Sale - Basics of Online Selling



YOUR FIRST ONLINE SALE

Selling Online Basics
There are no quick ways to get rich doing online business and certainly no short cuts like tagging on an already ongoing scenario that promises unbelievable income for doing virtually nothing. Thus when choosing the type of business to venture into online, one should definitely avoid the above types.

The Basics
Some of the elements that should be considered are having a suitable website or blog site, having a good and high quality product that can be depended upon, an adequate and simple payment system, the task of building a strong email list and the high traffic flow needed to ensure the success of the endeavor.

The designing of the websites usually require the individual to have some prior knowledge of the style in mind for the product. Alternatively consulting experts or simply getting input from those more experienced will help the individual design a website or blog site most appropriate for the said product.

The product chosen to be featured must also have the capabilities that would attract the target audience intended. This product should ideally be able to stand out or even outdo its competitors when a comparison is made by the potential customer. When this has been successfully done, having an accessible payment system is equally important is not vital to the whole process. Using established payment systems such as PayPal, Google check out, 1 shopping cart and others.

Building an email list and finding ways to direct traffic to the site where the product is being sold is crucial to the success of the online business. Without serious thought and effort put into this  phase of the business the probability of failure is eminent.





Zero to Fifty Challenge Learn to Leverage




ZERO TO FIFTY CHALLENGE
6 STEPS PLAN
Shows you how to start from Zero, to make $50 a day, In Just 30 Days!



  1. Create a High Converting Squeeze Page - Set up your 'Squeeze Page'
  2. Free Bonuses - Obtaining your Giveaway or Resale Rights Products
  3. Using An Auto Responder
  4. Your One Time Offer
  5. Driving Targeted Traffic to Your Squeeze Page
  6. Leverage Your Opt-In List
.
STEP 6 LEVERAGE YOUR OPT-IN LIST
This is how internet marketers build an extremely profitable and growing business.

If you understand the power of having your own list and email them correctly, you will never be broke! There is nothing to compare with having your own opt-in list of growing subscribers.

Every day you're building an email list with your squeeze page. And with approx 50 opt-in subscribers a day you will have many thousands before long.

Long Term Business
List building with squeeze page is a long tern business. The bigger your list, the bigger you income, Sounds easy?

You will only make this happen if you take good care of your subscribers, and use the correct marketing techniques to market to them You paid time and money to get them, if you don't keep them, all that money and time is wasted and you will have a worthless list.


Zero to Fifty Challenge Learn to drive targeted traffic




ZERO TO FIFTY CHALLENGE
6 STEPS PLAN
Shows you how to start from Zero, to make $50 a day, In Just 30 Days!



  1. Create a High Converting Squeeze Page - Set up your 'Squeeze Page'
  2. Free Bonuses - Obtaining your Giveaway or Resale Rights Products
  3. Using An Auto Responder
  4. Your One Time Offer
  5. Driving Targeted Traffic to Your Squeeze Page
  6. Leverage Your Opt-In List
.

STEP 5 DRIVING TARGETED TRAFFIC TO YOUR SQUEEZE PAGE
All that's left for you to do now is drive targeted traffic to your squeeze page and make $50 a day.

Traffic is everything. Without it you won't sell a thing and you won't build your all important opt-in list.

There are 2 ways to get traffic to your squeeze page
* Free traffic
* Paid traffic

You will be using both options for your Zero to Fifty In 30 day challenge.
Approx 50% of your visitors will come from free traffic and 50% from paid traffic.

FREE TRAFFIC
Traffic exchange sites

Free traffic exchange sites work well. But make sure you use the best ones or you will be wasting a lot of time.

This is how they work:
Basically get an advertising email address and agree to exchange advertising with that email address. You then get to advertise your offer to those other email addresses as well. So a tremendous number of ads go through it but 1% of those can give you several hundred hits to your website page per day of people who are interested in your ad.


PAID TRAFFIC
Safelists

Another option and certainly the easiest, fastest and most cost efficient way to drive the most traffic to your squeeze page, is to use 'Safe Lists".

Fist of all, what is a safelist?
A safelist is a collection of email addresses of people who have joined as members, and then given their permission to receive email from the other members. In turn they get mail to all the other members on the list. When message are sent to the safelist they are not considered spam, because each person on the safelist has given their permission to receive email from other members on the list. 


Zero to Fifty challenge - learn to use one time offer




ZERO TO FIFTY CHALLENGE
6 STEPS PLAN
Shows you how to start from Zero, to make $50 a day, In Just 30 Days!



  1. Create a High Converting Squeeze Page - Set up your 'Squeeze Page'
  2. Free Bonuses - Obtaining your Giveaway or Resale Rights Products
  3. Using An Auto Responder
  4. Your One Time Offer
  5. Driving Targeted Traffic to Your Squeeze Page
  6. Leverage Your Opt-In List
.
STEP 4. YOUR ONE TIME OFFER
Here is the concept of a One time ofer.
Your visito opts in your list to receive your main product and the free bonuses. Their details are collected by your autoresponder and then automatically redirected to another webpage and greeted with an offer that they will see only one time.

That offer will be your Resale Rights Package.

They have 2 options when they reach your ONE TIME OFFER PAGE:
1. Buy your one time offer, now.
2. Pass on the offer an dpay more later on, or never have the chance to buy the offer at any price.

Here are a few key factors to include:
  • Keep your OTO related to your original squeeze page, For example; Don't try to sell an MP3 player to people that are opting in to your site to download internet marketing products.
  • Make sure your visitors actually get to see your OTO. You need yo ensure your squeeze page converts well to get them to see it.
  • You need to test your offer and site layout to increase the call to action try using audio, testimonials, test headlines etc.
  • A crucial element that must be in your OTO is the "reason why" aspect. You need to explain the reason why you have made the package and the reason  why you are only offering it just one time. 
Setting A Price
It is entirely up to you to decide how much you want to offer your resale rights package for, but I would suggest a good price to start is around $37 to #97

You should always test the price. Make sure you start low and go higher, not the other way round.

Taking Payment
The easiest way to start taking payment for your resale rights package is to sign up for a Paypal account. I'am sure you have heard of PayPal. It is an established and secure payment processor that you can have up and running, accepting credit card payments within an hour or so.

Sunday, December 11, 2016

Zero to Fifty Challenge - Learn to use An Autoresponder




ZERO TO FIFTY CHALLENGE
6 STEPS PLAN
Shows you how to start from Zero, to make $50 a day, In Just 30 Days!



  1. Create a High Converting Squeeze Page - Set up your 'Squeeze Page'
  2. Free Bonuses - Obtaining your Giveaway or Resale Rights Products
  3. Using An Auto Responder
  4. Your One Time Offer
  5. Driving Targeted Traffic to Your Squeeze Page
  6. Leverage Your Opt-In List
.
Step 3 Using An Auto Responder
Let me tell you right now, you need an autoresponder. This is without doubt one of the essential marketing tools that every successful internet marketer will be in posession of.

If you are unfamiliar with autoresponder and how they work, I suggest you make it a priority to find out.

I've included an article here that explains how an autoresponder works. If you are already familiar with autoresponders, please skip the article below and move on to next step.


AUTORESPONDERS - Five keys to make them work for you
One of the most basic tools that every internet marketer needs to utilize is the autoresponder. If you are trying to make money on the internet and you're not using an autoresponder, you are really missing the mark. This article will describe the essentials of an autoresponder and how you can use to help you succeed in your online business.

First of all, it is important to understand what your autoresponder really is. Many people think of them as an automatic responder to customer needs (hence the name - autoresponder), but to stop there is really not giving them their full credit. To fully utilize your autoresponder, you need to begin seeing them as your own personal sales force. This sales force though, unlike their human counterpart, will never tire, works 24/7, doesn't need a raise every year and never calls in sick.

The next thing you need to remember about your autoresponder is that it is only as useful as the person who trains it. Who trains your autoresponder? You do, of course!

When someone communicates with you through email or an opt-in sign in form, they are telling you that they are interested in what you have to offer. It doesn't matter if you are selling a product or service, when that initial contack is made, that person is declaring that they are open to receive your "pitch".

#1 PERSONALIZE YOUR MESSAGES
Most autoresponders allow you to put the recipient's name right into the title and in the message body itself by simply adding **NAME**, or ~~NAME~~, or where you want to their name to appear. Be sure to check out this feature from your provider as there does not seem to be any uniform industry standard.

* Why you should personalize - These people to be getting other emails in their inbox. They may be checking their email after a long day at the office, They may have their finger poised over the "Delete" key as they sort through their messages trying to eliminate spam and viruses.

#2 CREATE CURIOUSITY
Your messages don't have to read like a novel. Keep it fairly short. A few well written paragraphs will do wonders for your offer. Ask rhetorical questions like, " what if I could show you how to...." ore "What would you do if you had..." and then show how to get the answer by either inviting them to your we site or to give you a call. Be sure to include your URL, phone number, etc.. 

#3 MAKE IT CONSISTENT
You've got time. Your autoresponder is going to continue sending your messages for you automatically. So take the time to remind them (Very briefly) What you told them in your last letter and build on it with this next message. Always give them a clear direction on how to learn more etc... and remind them that you will be sending another mesage.

#4. MAKE IT INTERESTING
Try to avoid too much hype. Don't over exaggerate your offer, but do let the reader know that you are excited and try to create a mental picture for them of what their life can be like your product or service. Tell them how you can help them achieve those results and invite them to take action by either visiting your site, calling, ore emailing.

#5. CLOSE THE DEAL
This is worth repeating... Close the deal! I see a lot of ads and messages that go out without any clear call to action. Remember, you are in business to make a profit. No close = no cash.

Double-check your messages to be sure you are clear about what the reader should do next. There is nothing more embarrassing than to find out that your prospects have been receiving the wrong message from your sales team, so be sure to test the entire system on yourself.

Your autoresponder can make or break you as an internet marketer. Invest some time in training your sales force, assess its performance through tracking and make changes whenever you see a place to improve.



Zero to fifty challenge - Learn to use Free bonuses



ZERO TO FIFTY CHALLENGE
6 STEPS PLAN
Shows you how to start from Zero, to make $50 a day, In Just 30 Days!



  1. Create a High Converting Squeeze Page - Set up your 'Squeeze Page'
  2. Free Bonuses - Obtaining your Giveaway or Resale Rights Products
  3. Using An Auto Responder
  4. Your One Time Offer
  5. Driving Targeted Traffic to Your Squeeze Page
  6. Leverage Your Opt-In List
.
Step 2. Free Bonuses
The next step with your squeeze page, is to make the offer so good, that is makes your visitors think they are getting an absolute steal from you.

Offer them some Quality Free Bonuses
This is the icing on the cake and will make your primary offer, IRESSISTIBLE! And will have your visitors falling over themselves to opt-in to your list.

Just type in "free giveaway products" or "giveaway rights" or "private label right", into your search engine and you will come across more free giveaway products than you can shake a stick at!

You might have to subscribe to their opt-in list to get the products, but that's a small price to pay for all the free products you will receive.

It doesn't get much easier than this, right?

You should experiment with the amount of free giveaway products you offer.

Sometimes overloading your squeeze page with a ton of free products confuses people and puts them off. So try experimenting with different amounts.

It is always better to offer quality products rather than a quantity of old, mass marketed ones. Also try to find new and original and material to give away.

Once you have decided on how many free bonuses you're going to offer, just upload them into your squeeze page and you're ready to for step 3.

Zero to Fifty Challenge Step 1 Learn to create a high converting squeeze page




ZERO TO FIFTY CHALLENGE
6 STEPS PLAN
Shows you how to start from Zero, to make $50 a day, In Just 30 Days!



  1. Create a High Converting Squeeze Page - Set up your 'Squeeze Page'
  2. Free Bonuses - Obtaining your Giveaway or Resale Rights Products
  3. Using An Auto Responder
  4. Your One Time Offer
  5. Driving Targeted Traffic to Your Squeeze Page
  6. Leverage Your Opt-In List
.
Step 1. Create a High Converting Squeeze Page
This is the first step and the most important aspect of your zero to fifty in 30 days Challenge. You're going to create a 'Squeeze Page' or 'Landing Page' to capture visitor's name and email address. You'll do this by offering a valuable free report and/or some master resale rights products which you can get for free. Once your visitor has opted in to your list and you have captured their name and email address, you will direct them to your 'One Time Offer.' They either purchase your 'offer' and you make a sale or they decline and you direct them to download your valuable report/free bonuses. The squeeze page is created to draw the focus and attention of the visitor to applying action to one thing - opt in to your list to download a free report, ebook, e-course, newsletter, software or something similar.

What To Offer Your Visitors?
There are hundreds of different products you can offer your visitors when they arrive at your squeeze page. Bear in mind that you're pitching to fellow internet marketers. So it's probably not advisable to try and entice them with golf tips or how to download free music. 

RECOMMENDED OFFER:

Anything that isn't freely available to find on the internet. or Is unique to existing information.
Don't just offer a report that is being mass marketed or has been in the past. Think of something original that internet marketers (your target audience) would value. If you're stuck for ideas, this is tried and tested method that will guarantee you a 'boat-load' of opt-in subscribers:

Offer a Directory of related information or an exclusive Report

For Example:
You could compile a list of up to date Safelist and Traffic Exchange Sites. Internet marketers are always looking for ways to drive traffic to their sites. So this is a great way to provide them with an up to date resource of such sites, all in one place. But don't stop there, as this in itself is now particularly original. You can add value and originality to this resource by calling it a 'Directory'. Think of a catchy name like ' The Top 10 Safelist and Traffic Exchange List of 2007'. Then spend some time reviewing these sites and write up a mini report for each one. Give your unbiased thoughts and list the Pros and Cons of each. You can explain the set-up procedures, what offers they have, if they have a free or paid version etc. etc. Now don't you think people would be willing to give you their name and email address for quality report like that? I know I would! There are all sorts of reports and articles you could come up with. Often people like to know that the report is only short so they can quickly access it and read it there and then. 


There are 2 simple ways to create your squeeze page:
1. Build it yourself with whatever htm editor you use e.g Frontpage or Dreamweaver.
2. Use a squeeze page generator to design the page quickly and easily. If you choose option 1, I have no-doubt you have seen many squeeze pages before. Just choose the style of one that particularly grabbed your attention and design your page on that.

How to use squeeze page effectively
Now that we have clarified what a squeeze page is and its purpose, we can now go on to what factors are necessary for creating a high conversion squeeze page for building a list of subscribers and making instant sales.

  • THE HEADING - The heading is the most important, for it is the first contact point with your website's visitors. This is where you must captive them with an attention grabbing headline which will compel them to continue reading your text. Your headline must be clear of what you are presenting and your copy must connect with your visitor on an emotional level. Benefit driven words are needed in your heading because your prospect will want to know how they are going to benefit. In other word, they want to know, what's in it for them? Your Web site visitor will only continue to read on if they feel that you are offering something that can help them in some way or give them something they want.
  • THE BODY TEXT - The body text is also very important because this is where you compel your web site visitors to opt-in for more information or to receive some great free bonuses. It is crucial to reveal to them how the product or service you offer can satisfy a need and desire, such as help them loose weight, make more money or become more successful. For your text, all you need is a small paragraph or a few bullets that will stimulate enough interest and desire for what you are offering them. If they feel they can benefit in any way they will subscribe to your opt-in list to get it. Some of the most successful capture pages are not long and wordy but are small enough that the whole web page can fit inside of the browser window. This has been more effective for many marketers for the purpose of capturing people's information quickly and effectively. A squeeze page should limit the number of choices your prospective customer or subscriber can make. Not all capture pages need to do this, but for the purpose of ensuring that your visitors first opt in, the squeeze page should stay close to the format mentioned above. This will give your potential subscribers two simple choices and reduce confusion and help prevent them from changing their mind. The only options your visitor has, is to opt-in or to leave your website. If your copy is compelling and your message is clear, many of your visitors will choose to opt-in to your list instead of leaving your website.
  • YOUR SUBMIT BUTTON - One component of your site that can greatly effect your conversion rate is the words you have appear on your submit button. Instead of using the word submit or subscribe, you'll find your conversion  rate will rise if you use and action phrase that will express how your visitors will benefit if they click on the button. You want to compel your visitors to click on the submit button and using words like subscribe or submit can turn people off. Use an action phrase that is written in their point of view to persuade them on a personal level such as "Send Me My FREE report" or " Download for Free Now" or "Free instant access now!" and so on. This is a valuable element to test and you will not want to overlook it. would also suggest to observe what other marketers are using on their submit buttons to help you come up with your own ideas.
  • TEST - Now that you know how to create a high conversion squeeze page, make sure you implement these methods and do your own test with fonts and colors used. That being said, make sure that basic web design principles are followed and that the web page is attractive to your eyes. If you find your eyes are not following the text naturally or squint while reading, you may have to make some adjustments to your web page. Dark text on light background is a good rule to start with without getting into too many details for the purpose of this article. Most importantly, if you put to action the advice you receive from this article, and actively promote your squeeze page, you will see an incredible increase in the number of opt-ins you receive to your list.


Wednesday, December 7, 2016

Basic guide to setup Google Adsense account part 4



LEARN ON HOW TO SET A GOOGLE ADSENSE ACCOUNT (PART 4)
This is the final step in the setting up of Google Adsense account. In this step, you will get the Adsense code that you need to use on your website in order to start earning revenue from Google Adsense program. Let's go ahead and work on this final step

Once you are done with all the customizations, your Adsense code is generated in the Adsense Code box. You just need to copy this code (which is in the form of a programming script) from the Adsense Code box and paste it in your website as per the guidelines from Google. Since Google allows only three ad units per page, you can add the code at more than one place in your html code.

The next step is to save your web page to the designated web server ( as per the instructions from your web hosting service provider). Please not that Google Adsense program does not require you to send over your websites's html code to them; neither does it ask to load it onto their servers or do anything else with it. The addition of Adsense code to your website's code is the only thing that you need to do. Separate procedures are available with Google for people who want to use Adsense Ads with their blogs (you can check these on Google's website for Adsense program).

Now that everything is done and dusted, you need to wait for a few hourss (might be lesser than that) before Google's web crawlers find your web page or blog that has Adsense code on it and you start seeing Adsense Ads on your web page or blog. You might see some PSA (charitable Ads) initially (almost immediately) but these will soon get replace with the Adsense Ads that will earn revenue for you. If the content on your website violates the adsense program's policies, you might keep seeing PSAs even after hours. In all such cases (or if you find objectionable Ads that don't go even after you have applied appropriate filters), you will need to contact Google who will sort out the problems for you.

SETUP YOUR GOOGLES ADSENSE ACCOUNT
PART 1 AND 2
PART 3
PART 4

Basic Guide to setup Google Adsense Account Part 3




LEARN ON HOW TO SET-UP A GOOGLE ADSENSE ACCOUNT (PART 3)
Besides the essential customization like selecting the Ad type, Ad layout and colors, there are some other customizations that you can apply your Adssense account. In fact, some of these can quite easily be treated as essential customizations (based on the context of your website) e.g. 'filters' is one such customization that is quite important. Let's take a look at what these additional customizations are

Filters
Google allows you to set-up custom and filters for your websites ( note that this is in addition to the screening of ad content that Google does by default). By setting up filters you can block competitive ads and other Ads that you don't want to display on your website. In fact, filters are a must if your website sells a product or a service (unless you want to promote your competitors through your website).

Alternate Ads
This is something that can help you in preventing under-utilization of the ad space on your website. Alternate Ads are the Ads that you would want to show up on you website in case sufficient content-relevant Ads are not available. If you don't specify alternate Ads and if there are insufficient content-related Ads available, Google Adsense program will serve charitable Ads to your website ( Ads which don't earn revenue for your).

Reporting And Performance Tracking
You can even customize the reporting and performance tracking options for your Adsense account. One important tool in this regard is the use of channels to study the performance of Adsense Ads from various perspectives. However, you might decide to take this up later down the line (maybe 1 month after setting up your Adsense account.)

SETUP YOUR GOOGLES ADSENSE ACCOUNT
PART 1 AND 2
PART 3
PART 4

Basic Guide to Setup Google Adsense Account




LEARN ON HOW TO SET UP A GOOGLE ADSENSE ACCOUNT

Part 1. Enrollment Form
As the benefits from Google Adsense program start getting clear to you, you (as a website owner) would be inquisitive as to how you can setup your Google Adsense account and whether it takes a lot of time to set up an Adsense account. Let's take a look at how you can setup your Google Adsense account. So, you have decided to go ahead and use Google Adsense for generating revenue from your website. Google Adsense doesn't need you to sell any products or services. with Google Adsense, you are just selling advertising space on you website. And the best part is that Google doesn't discriminate between ( as lon as it adheres to the Goolge program policies). Moreever, setting up a Google Adsense account is so easy that you can literally start generating revenue with 15 minutes.

For enrolling to the Google Adsense program, go to www.google.com/adsense and clik on the 'Click here to Apply' button. You will be presented with an enrolment form where you need to fill-n some details like your website information (URL and website language), the Google Adsense products that you wish to use (i.e. Adsense for Content or Adsense for Search), your contact information, your email address and your preferences. You will also need to select an account type (business/individual) for your Adsense Account and agree to the various policies, terms and condition of Google Adsense program. The account type will not affect you revenues in any way; it is there just to determine if the payment is to be made in the name of a company or an individual. The email address and the password that you provide during the enrollment process will be required by you for logging into your account later on. Note that you will be referred to as publisher by the Google Adsense program; so when you return back to the Goolge Adsense website, you will be asked to enter your login details as an 'Existing Publisher'.

That's it. You can now submit your application form for Google to evaluate and get back to you.

Part 2. Essential Customizations
The second step in setting up your Google Adsense Account is to do customization (some essential customizations). Let's check when you can start with the second step of setup and what you need to do as part of essential customizations.

Once you are done with setting up your Google Adsense Account and once Google has approved your application, you are ready to use Google Adsense Account and once Google has approved your application, you are ready to use Google Adsense for earning revenue from your website. Just login into your account using your email address and password, click 'Adsense Setup' in the top menu and select the product typ (i.e. 'Adsense for Content' or Adsense for Search'). You will be presented with various options for customization of your Adsense Ads. Here we will take a look at setting up ' Adsense for Content' only (however, the setup for 'Adsense for Search' is quite similar and equally easy).

The first thing that you need to choose is the Ad type (Ad unit or link unit). Based on the Ad type you choose, you will need to specify the type of ad (text, image, etc for Ad unit) or number of links per link unit too. Google Adsense program allows you to use a maximum of three ad units and 1 link unit per web page (and you must use both, in order to maximize your Adsense revenue).

The next thing is to choose the Ad layout. There are various layouts available but large rectangle (336x280) and wide skyscraper (160x600) are preferred over others (since they help get more impressions for you and hence help you make more money).

Customizing the colors of various parts of your Adsense ad is the next thing you need to do Even though customizing colors is optional (as far as the Google Adsense program is concerned), it's strongly recommended for making your Ads attractive and more effective. Your choice of colors must be governed by the look and feel of your website so that the Ad Doesn't look out of place.

These are the essential Customizations that you surely need to do before you can start using Google Adsense Ads on your website

SETUP YOUR GOOGLES ADSENSE ACCOUNT
PART 1 AND 2
PART 3
PART 4

What makes Google Adsense so Special



WHAT MAKES GOOGLE ADSENSE SYSTEM SO SPECIAL
By now you must have got an idea about what the Google Adsense program is and how almost every website owner can be benefit from it. So, it has started making some 'Sense' to you. But what is it that makes Google Adsense program really so special? Lets take a look.

The basic arrangement in which Google Adsense system works is such that Google has the basic control over the Ads that are displayed on the websites subscribed to Google Adsense system. Of course, the website owner can customize how an Ad looks and also block/filter certain types of Ads on their website The Ads that Google serves are 'Senseful' Ads (These Ads are actually relevant to the topics that the website discusses / caters-to). This is something  that is not found in other advertising programs/systems. This creates a win-win situation for everyone.

The people who are visiting the website (That contains Google Adsense Ads) are doing so because they are interested in the product/service/topic that is discussed on that website. It would be of little use to them if you were to serve Ads that are not related to the topic in any way. On the other hand, Ads related to the topic of the website would really prove useful to the visitor. They might actually be interested in a product or service that is being advertised through Google Adsense Ads. So, website visitors get a richer experience due to Adsense program.

Website owners get revenue for displaying the Goole Adsense Ads and for the clicks they recieve on the Ads. So, they are happy too. As far as business/advertisers are concerned, they get a system (Adsense system) for targeted advertising that is both easy and economical to operate.

Moreover, Google Adsense Ads are presented in a much beter way than the best advertising programs available today.

Adsense Ads can be hosted by any website



ADSENSE ADS CAN BE HOSTED BY ANY WEBSITE
Now that we have an overview of the Google Adsense program, we are ready to take the next step. So, Let's go ahead and check the suitablity of Google Adsense program for various websites.

We all know that Google's Adsense program is one of the most reputed internet advertising programs around. Adsense is one advertising program that brings a number of people (websites) into its fold as advertising media and hence helps them earn revenue ( advertising revenue). These people are webmasters who own websites and it's their websites that function as bill-boards and serve advertisements.

With Google Adsense program, any website can easily become a bill-board:

1. No experience Necessary
Google Adsense program offers earning opportunity to every webmaster. The only criterion is that you should have a website ( and your website should be compliant to the Adsense program policies). You don't need to know anything about advertising or advertising media etc. Just enroll with the Google Adsense program and Google will take care of designing the ads and serving the relevant Ads on your website. So, no special designing skills or coding skills are required for getting enrolled and using Google Adsense program.

2, No need to look for Advertisers
When the commercial value of websites for advertising was recognized, webmasters started looking for increasing traffic to their websites in order to make their website worthy enough to attract advertisers. Even then, getting advertisers was not easy. So, They could not really derive any monetary benefits from the traffic to their website until an advertiser actually bought advertising space on their website However, with Google Adsense program, webmasters start earning revenue from the day they join the Google Adsense program. As the traffic to their website increases, so does their revenue.

3. No need for tracking revenue
Google Adsense program will aso take the responsibility of tracking the revenue that you earn from serving the Ads on your website. You can just login to your Google Adsense account and check your earnings. Moreever, you have various reports and statistics available to you can use for enhancing the performance of your website on the Google Adsense program.

So, Google Adsense program has really made it easy to convert a website in to  revenue earning medium.


Adsense related terms that you should know



ADSENSE RELATED TERMS THAT YOU SHOULD KNOW
We now know What Adsense is. As is the case with any concept, Google Adsense program also use certain terms and phrases for relating to various things knowing these terms upfront will make it easy and smooth for you to read and understand any Adsense related material :


Here is the list of Adsense terms that you should know for sure :
1. Page Impression
A page impression is generally the same as a page view but the number of page impressions can sometimes be different than the page views. This happens when the page is viewed by a visitor but the Adsense code is not executed for some reason (Which means that the Ads are not displayed to the visitor).

2. Ad Unit Impressions
Whenever you get page impressions, you also get Ad unit impressions. However, the ad unit impressions are dependent on the number of ad units you have on you page i.e. number of ad units that get executed when the page loads on user's browser. Note that the link impressions are also counted as ad unit impressions.

3. Click
A click (for the purpose of Adsense) is recorded whenever a website visitor clicks on one of the Adsense Ads. Note that a click on a topic in a link unit is not considered as a click.

4. Click Through Rate
For the purpose of Adsense, is the number of clicks received by an ad unit divided by the total number of ad unit impressions for that ad unit. So, a better CTR can mean more revenue for you.

5. Effective CPM
It is calculated as the cost per 1000 impressions. However, do not confuse effective CPM with your earnings. In fact, effective CPM is calculatd by dividing your earnings by the number of page impressions and then multiplying the final figure by 1000. Effective CPM is generally used to compare various channels and determine which channels are more profitable for you.

What is AdSense?



LEARN MORE ABOUT ADSENSE
Now that we know how Google Adsense program is place in the world of online advertising, let's delve a bit deeper into the concept of 'Adsense' and understand what it is about and how people make money by using this concept.


Adsense is a wonderful advertising concept that was conceived by Google some time back. Though new advertising concepts keep coming up all the time, this one is something that is altogether different.

Adsense (Google's advertising program) presents an earning opportunity to the website owners by allowing Google to post advertisements on their websites. These advertisements are either text advertisements or image based advertisements. Of course, the website owners need to enroll to the Adsense program through Google's website (www.google.com/adsense). Google Adsense program requires you ( the website owner ) to include a piece of code (a programming script) on your website. You can add this piece of code anywhere in the html code of your website i.e. depending on where you want to position the advertisements (however, there are certain rules that you must follow while pasting this scripting code). This piece of code is what determines the structure of advertisement and their content ( and this what helps Google in floating the advertisements on your website). When people visit your website they are able to see these advertisements. Your earnings are based on how many Google Ads are displayed on your website and also based on how many times visitors to your website actually click on one of those Ads. The Google Adsense system calculates your revenue on per-click (CPC) and per thousand Ads displayed (CPM) basis. The latter is also know as impressions.

For people who want to advertise their products and services through the Google Adsense system, it's just a matter of signing through Google Adwords program and letting Google know how much they want to spend towards advertising through Google Adsense. These businesses can specify the limit and Google Adsense system will accordingly serve their Ads so as to ensure that the specified limit is not crossed. Google Adsense increases the visibility of their business / services and also increases traffic to their website; hence fulfilling their purpose of advertising.

Adsense place in the online advertising world





ADSENSE'S PLACE IN THE ONLINE ADVERTISING WORLD
Let'ts start our journey in the world of Google Adsense by first understanding how the online advertising came into being and how Google Adsense is place with respect to the other online advertising concepts:

Soon after the advent of internet, it was realized that the website real estate (or the space on websites) had commercial value in the advertising world. The simple reason behind this was the soaring popularity of internet and the increasing number of eyeballs received by various websites. Thus, internet advertising ( or online advertising) came into being. Today, internet advertising is treated as one of the most effective and most economical means of advertising. in fact, a lot of businesses, especially small businesses, use only this (affordable) medium for advertising their products and services. As technology progressed, so did the online advertising methodologies. Graphics based banner Ads and text Ads got their due recognition and were used quite extensively for online advertising. Even now banner advertising is one of the most popular forms of online advertising.

However, the real breakthrough in online advertising came with Google Adsense advertising program. This program helped in connecting advertisers to several website owners who were ready to offer advertising space on their websites. Through Google Adsense program, the advertisements were floated on the websites that had some relevance to the products or services offered by the advertiser. This type of advertising is also called targeted advertising since the Ads are served only to the interested audience and not just anyone or everyone. Soon, Google Adsense became a very effective form of targeted advertising. On Google Adsense program, webmasters are paid on per-click and per-thousand-Ads displayed basis.


And the advertisers can control the amount of money they wish to spend on advertising through Google Adwords program that works in conjunction with the Adsense program.


Google Adsense program has caught the fancy of a lot of advertisers and webmasters and its popularity continues to soar everyday. Until another, better advertising program comes into being; Google Adsense will continue to hold its place at the core of online advertising.

Friday, December 2, 2016

8 Tips on how to protect your money and wealth




PROTECTING YOUR MONEY AND WEALTH
Once you have money, you will take time to protect it by avoiding future catastrophes. Be cautious and always assume the worst. Do not go through life thinking that other people will not take advantage of you or that your money is not important to them. A careless mistake can cost your a fortune. A careless demeanor opens you up to attack. And you will never know where it is going to come from.

Now that you have the money, you have to take the steps to protect it from unscrupulous beings. Most of the millionaire's downfall came from lawsuits from hungry money-grubbing relatives or the greed from immediate family. The media is packed with celebrity stories where the 'evil' spouse gets millions in the divorce, millions they never earned simply because the high earner took no precautions.

In the case of lawsuits, anything personal amounts to what you or your companies are worth by accessing public records. Transferring the bulk of your wealth to foundations, trust or corporations ensures that these stay well out of the public's eye or are untouchable in the event you are attacked.

Protecting your money now ensures that it will continue to benefit you and your family for years and decades to come.


1. Millionaires and the truly wealthy never put assets in their name and guard their personal assets zealously. They use corporations and protect themselves with liability insurance. Corporate entities are use to operate businesses, partnerships are made with the idea that if all goes to hell, it is time to get out. Use trusts, family partnerships and protect your personal assets and wealth.


2. Turn yourself into a stealthy, moving target. Never be conspicuous about your wealth and forego the trappings of it. Remember : the bigger, flashier bird is always easier to bring down. The birds that fly lo, fly below the radar and detection.


3. Begin asset protection early to prevent any mishaps. Never let yourself get caught in the trap of beginning assets protection when you are already in heaps of trouble.

There is nothing like being prepared. Besides, transferring assets when you are being sued is illegal and can land you in jail (plus you lose everything). Protect your personal assets from claims and unscrupulous parties.


4. Create a clear cut and legal will, even if you are only 32 years old. Make sure you know where your money is going. Many people put off the idea of the will simply because it makes them face their own mortality which is always wrong.

Update and notarize yearly, or anytime you like. A will prevents many a family feud, protects your interest long after you are gone and ensures that money that you share keeps going where you want it go. Without a will, chaos will ensue, especially if your personal fortune and business assets are worth six digits or more.

For businesses, the equivalent of a will is known a succession planning. Many successful business have failed because an epic predecessor was not able to carefully plan who would succeed him in the event of his death.

Follow the example of Steve Jobs and create a succession plan for your business before even get sick or retire. Many family corporations create a version of this by grooming successors from within the family and stipulating conditions to be met in order to inherit or run the business.


5. Never enter any partnership, including conjugal ones, without a back-up plan or clear way out. That is what prenuptial agreements are for. Do not let a future ex-spouse pull a Paul McCartney on you.


6. Never put all your money into one humungous deal. Diversity is the key to true wealth. Keep in mind that those eggs in one basket are more liable to break if the basket is too heavy.


7. Once you become wealthy, do not forget the rules and secrets that got you there. First time millionaires and lotto winners often blow through their millions by acquiring status symbols like mad and often end up with nothing. Continue to extol the virtues that got you to where you are now. Live simply and below your means, even if you are worth enough to make it to the Forbes 600 list.


8. Money is meant to shared, not hoarded. Follow the Rockefeller rule : 10% of your worth is meant to shared. This creates more for you.

12 Business tips and learn on how to become a truly wealthy




12 BUSINESS TIPS AND LEARN ON HOW TO BECOME A TRULY WEALTHY
The average millionaire or comfortably wealthy person works for himself or owns a business. This is a law that is hard to follow. Most people think a business is a risky proposition simply because there are so many factors that affect the success of a business. A million can go wrong, but a million things can also go right.

The wealth mindset is one that works for itself, cashing in on your own ideas and labor. The poor mindset works for others, laboring for a minimum cut of the profit.

The idea of working for yourself can be scary. Many first-time business owners fail because they sink everything they have into one venture and never recommit when the road to success gets rocky. The wealthy and the rich stick with their business plan and move forward regardless of the events, confident in their success.


1. Do something that you love, because you will never feel like it is work. The success stories of many entrepreneurs and millionaires always begin with this line "I love.. my hobby (passion or interest) so I..."

Money always follows passion and the upside is, you will never feel like you worked a day in your life. Ask yourself what you love to do, what you are good at and how important it is to you. Once you know what it is, you will know what venture to begin.


2. Alternatively, find a need for something you love and fill it. Filling a need or creating a need is an excellent starting point for a business. Curves Gym combined the owner's need for fitness and hatred of being ogled while at the gym.

She provided a woman's only gym without mirrors, filling a need many women did not even know existed. Women lined up around the street to work out at this gym and it boast hundreds of franchises around the US today.


3. Do not be afraid to do something humble -- Many a business has expanded from humble origins and cottage industries. No idea is too small, no business is "stupid".


4. Make sure your business fits your lifestyle. If you hate nightclubs, why start one? Why start a golfing business when you have never picked up a club in your life and have no interest in doing so?


5. Those who run a business, invest in one. It takes the headache out of the management and gives you profit without the effort.


6. The wealthy know when to expand their business. Those who want to be truly rich run multiple businesses. Take Nigella Lawson, who even utensils. One business, different umbrellas. Different umbrellas, one profit.


7. The business should never be static, but it should be familiar. Take a cue from top restaurants. They constantly change or update their menus but keep the customer favorites around.


8. Be the best. There are no exceptions to this rule. Provide the best service, the fastest delivery, the highest quality, the newest products. Follow these rules and the customers will come.

A sub rule to this secret is to always strive to continue to be the best. Once you have set a standard, customers and clients will expect you to maintain it. Many businesses has experienced fallout after reaching heights due to declining service or worsening product. Take a cue from timeless products and services that continue to make money over the years. They never balk or shirk when it comes to quality. Even if it means making their customers pay a little extra.


9. Your business is defined by its employees -- especially if you decide to go into any type of service industry. Hire for attitude, train for skill.

Never keep an employee who is not worth the salary you pay. Never tolerate stupidity, slowness or excuses. Instead, screen, evaluate and expect change. Millionaires never take slack from their employees. They never hesitate when the time comes to let one go.


10. Learn to recommit. Every business owner experience fall out, bad sales or some sort of failure. There will always be a time when you fall into the red. It takes perseverance to go back into the black.


11. Economize where it counts. Find the best deals for raw product to maximize profit.


12. The truly wealthy know how to make profit with minimal expenditure. Reduce overhead, especially when it comes to trappings. A huge corner office with the antique desk and leather seats will not mean much when you are scrambling to pay the bills.



Thursday, December 1, 2016

22 Tips on how to Become truly wealthy by Investing




INVESTING AND MANAGING YOUR WEALTH : BECOMING TRULY WEALTHY
Once you have established a firm financial foundation or put aside a little money, it is time to learn to invest. Many first time investors fall into the trap of waiting, and waiting until they "have enough." The first thing you have to do is nix that notion, right now. You will find out by reading the tips that even measly amounts can add up to great amounts over time. Others balk at investing because they think "I do not know enough to be a player." That is right. You do not. The truly wealthy understand how money works and never start sentences with the words "I do not know." If you do not understand investing and how it works, it is time to start to do the legwork.


INVESTING
The primary focus of investing is making your money work for you instead of working for your money. Many wealthy people have perfected the art of creating their wealth of giving a service. Building wealth also means creating wealth that is sustainable and continues to generate even in the event that you are unable to work.


1. Learn the difference between having a high income and being truly wealthy. High incomes do not necessarily mean that you are rich, especially if this income comes from only one source.

  • The myth persists that you can only be truly wealthy if you come into family money or are born into a home of silver spoons, silk sheets and antique furniture. Continue to believe in this myth, and you still have the mindset of the poor.
  • Many of the middle class believe that a high income job is the end all of their existence and work their butts off to get to a position that pays in five or six digits but end up baffled at how little they have by the time retirements rolls around.
  • For example, the average high level earns $200,000 a year, with benefits but stands to lose that income in the event of layoffs or illness. Although his income earning potential is high, it only comes from one source.
  • Contrast that with a middle level manager earning $50,000 a year. This middle manager, however, rents out properties in the city for another $500,000 and reaps dividends from stocks and bonds for another $100,000 a year. in the event of illness, death or mass layoffs, half of his earning potential is still secure.
  • The source of the latter's income is also easily passed on to future generations, securing wealth for the middle level manager's family.

2. Choose your investment goals as these will decide your allocation strategy later on. A broker or brokerage firm can help you decide on what your plans are, as well as help you begin investing.


3. Research the different types of investments as well as how risky they are in general :
  • Stocks - you purchase partial ownership of a company and as part-owner, are entitled to annual profits. However, many people buy stock to sell when the price is high, not for dividends. The practice of buying low and selling high is relatively low risk but the potential for reward is governed by market and highly emotional changes. Yes, stocks is considered an emotional asset.
  • Bonds - Bonds are small loans to companies or governments that the investor pays for. They usually have fixed interest rates and are considered very safe and low risk investment. T-bills, municipal bonds and corporate bonds are some examples.
  • Mutual fun - this involves pooling money together with other like minded investors to buy a full portfolio, usually run by firms or money managers. This type of investment is often the starting point for many first-time investors, simply because it provides a more diverse portfolio from the ge-go.
  • REITS - these are companies that deal primarily with the ownership of real estate and mange a portfolio for you. They have the advantage of being diverse and easy to sell - as well as reduce the the headache of managing your own property.
  • Other alternatives - generally these are the high-risk and high reward securities where the payoff can be huge but the risk is high. Real estate, commodities, FOREX, options and futures fall under this category.

4. Create an allocation strategy for your savings or income to minimize risk and spread out your investment to guarantee several streams of income. 


5.Learn about investing and accounting before you start spreading the money around. Consult with brokers or brokerage firm, especially if you have a lot to invest. Take night courses or read investment books to understand what you are getting into.

For example, you have $100,000 dollars to invest. $35% ($35,000) could go to property or real estate, another 30% for stocks, 10% for venture capital, etc. An allocation strategy helps you maximize your investments and also gives you the ability to indulge in some high-risk behavior, if you so wish,without losing all your capital. The financial equivalent of putting all your eggs in one basket, such as investing in all one type of equity, is portfolio suicide.


6. Support the traditional and explore the new. Opportunities grow with the growth of the internet and the advent of technology. The internet is not just a place to go to. The exponential growth of business and the changing face of technology creates more and more investment opportunities for the modern investor, as well as the modern entrepreneur.


7. Account for every cent, every nickel, every dime and quarter. The saying goes you never know the value of money until you have to dig around the couch cushions for it. The truly wealthy know that every penny can be put to good use. Money is stagnant only when you want it to be, or when it flies out of your hands.


8. Even small amounts matter. Many people say they will invest only when they have x amount, but even a small investment of $1,000 can give you great returns in the future. By thinking of returns instead of instant cash or how much you have on hand, you create your wealth through possibilities.

Saving 10,000 a year with a 10% rate of return and seeding that account with an additional 10,000 per year will yield $128,999+ after 10 years. If you start with $5,000, you end up with about $94,000 after said 10 years. That doesn't count the interest the account would generate for years after.


9. Invest you money as early as you can. The true friend of money is always time and passage of it. The longer sits and the more interest it collects, the higher the chances that  you will reap thousands of dollars in returns.

A great example for this is the 401(k). Many Americans simply cannot wait until retirement and cash it in as soon as they can. But for what? A faster car, a bigger house or in some cases, that giant flat screen TV everyone else has. Your 401(k)  alone is a savings plan you must never touch. Do the math. If you have an annual salary of $100,000 and contribute 10% with a 50% employer match rate and no salary increases, you end up with $741,184.02 in 20 years. Increase the contribution to 12% with all other factors constant and the amount rises to $889,420.89. Increase the time frame to 30 years and you end up with $2 million.


10. Buy stock, not product. If you love the product, chances are others will to. So why waste time buying the product when you can make money off the stock. This creates a) passive income and b) a higher chance of return on investments.

Take Apple. Apple's stock has risen over 12 time in the past five years, quadrupling dividends for investors. How many iPhones or iPods have you bought over the past five years? How much money do you think an average shareholder has made from the products you have been buying? Even with the death of its founder, Steve Jobs, Apple's stock remained strong and rose. Traditionally company stock falls with the death of visible CEOs or front men, but this was not true in this case.

One exception  :  Keep in mind that sales do not make the stock. Activision is a comapany that markets and makes one of the biggest selling video games in the world, with sales totaling over 400,000 on the first day of the new installment release. However, their stock and shares have remained static for around 4 years.



11. Creates assets that will make money for you with a minimum of effort. For example, investing in a restaurant does not require you to show up daily to manage the day-to-day running of the business, only to pay the management firm or keep the standard of a franchise.


12. Think long term. The truly wealthy do not count on single projects that net huge paychecks, but invest in opportunities that create returns and dividends that last for years. Long term also means the ability of securities to mature. Thinking long term means having the ability to see the future in a sense - and finding projects that affect and create the futures.


13. Do not wait for business opportunities, create them. Entrepreneurs look at an empty lot and see possibility and a method for them to get rich. Those with a poor mindset simply see an empty lot. The rich look at garbage hauling business, a rust-cleaning service , a recyling center. Those with a poor mindset see only the discarded tires, the dirt and the weeds.


14. Another great secret is to never care where your money comes from. Many people balk at investing in business that are not "sexy" perhaps because they do not want to tell people at parties that they got rich off sewage.

Truly wealthy people spread their money around and reap them in regardless if they were earned because of sewage or flowers. Who cares if it comes up in cocktail conversation?


15. Always think in terms of specific assets versus their overall value in the market. The truly wealthy do not rely on the ups and downs of the market, but the possible opportunities that stem from them.

For example, the real estate market may be down during the recession but right now savvy investors are buying up foreclosed property in great locations for half prices for later investment.


16. Know when to hold off, reassess and quit. Investors will say no. But not all of them will. Those with a poor mindset go tho the bank for a loan, get rejected and never think about their idea or opportunity again. The wealthy mindset goes to the bank for a loan, gets rejected, redrafts the proposal and returns to get the approval.

The poor mindset goes into business not knowing the risks of the deal and is baffled when the fallout occurs. The wealthy mindset goes into a deal, knows the risk and gets out if things are going bad. Always follow your gut and do your research. know when to back off from risky or unethical deals will not only take your money but have effects of your freedom.


17. Accept that there will be instances where you will experience some loss, such as when stock goes down or remains stagnant, therefore not providing you with the expected dividends. Accept that this will change as well.


18. Do not join the bandwagon : just because everyone is putting their money in it, does not mean you should. Get rich quick schemes are simply schemes.


19. Forget compartmentalizing your money. Every penny is important so do not think of its as a bonus or extra pay. The wealthy put every single cent to good use and are able to account for all of them.

The lesson here is to value every single dollar you earn. One millionaire started by investing $25, that is right, $25 in a mutual fund. He could not afford any more at the time, since he worked a menial job. As his pool grew, so did the amount of his investments. He is now worth multi-millions.


20. Learn about taxes and how to use them to your advantage, not the other way around.


21. The truly wealthy know how to make taxes work for them. Never be afraid to lean and ask. Instead of having someone do it for you learn how to do it yourself.


22. Finally, never invest if you are not willing to wait. Otherwise, you are throwing your money away like a gambling addict at a poker table.

The truly wealth think of investing as game that pays out and is a fun to play. Never for once think that they got there by simple luck. It takes a lot of research, studying and waiting to get there. The poor make excuses and say, they never have enough time between their jobs, their family and whatever other obligations they have.

The wealthy create the time to invest and invest in their time as well.

However, the main difference is this : they enjoy it. They enjoy the time they spend reading investment books. They enjoy reading the reports, watching the stock market and simply love the game of money. This is an attitude you need to become successful when you move to invest. this is the attitude that makes winners and makes the wealthy.