7 Steps to Starting Your Own Business

What are your dreams? Have you ever just dreamed of things and wondered what if, and why not? Ever dream of starting your own business? Maybe from the time you and your friend had a lemonade stand, in your front yard, as a kid growing up; you always wondered what it would be like, and if you could be successful at running your own business.

With our struggling economy and people trying to make ends meet, everyone is looking at anything they can do to increase their income. Maybe a second job or even a change of careers, there is nothing that is left off the table.

What about starting a business? Now unless you have at least a quarter of a million dollars laying around and about 60 to 80 hours a week that you don’t know what to do with, starting your own business is totally out of the question today, unless…. you are thinking of a home business opportunity.

Did you know that home based businesses or network marketing; is a 114 billion dollar a year industry? That’s billion with a B. When most people think of network marketing they think of companies like Amway and Avon, but let’s take a look at these businesses.

Did you know that Amway is the largest company in the world today, using the network marketing vehicle? Its sales are in excess of 8 billion dollars a year?

Avon has sales over 10 billion dollars a year and is the oldest network marketing company around. It was founded back in 1886. Who says network marketing won’t last. These are just two of over five thousand companies fighting for a little piece of that 114 billion dollar pie.

Donald Trump owns his own network marketing company and Robert Kiyosaki says the network marketing is the business of the future. Let me give you seven reasons why you might want to consider why network marketing might be a place to start looking if you need extra income or if you ever dreamed about starting your own business. This is not going to be for everyone, but it just might be for you.

1. The Cost
Like I said, to start your own business, you will need a good chunk of change to even get your feet off the ground. You can get into most network marketing businesses with a minimal investment of five hundred dollars or less.

2.Time Investment
With any business, you have to put your time and energies into getting things going. Network marketing is no different. If I was a doctor, attorney, or baker, my business would be me. I am the business. If something happens to me, the business closes. With network marketing, my network is my business.
Yes, it takes time to build, but once it is built, my business will continue to pay me a residual income, no matter what I do, because I am leveraging the efforts of my network that I have built, to create a continuous income stream for me. I don’t have to be there 70 or 80 hours a week. After all, isn’t that what it means to “own your own business”?

3. The Product
Many people will get into a network marketing business without putting any real thought behind it. You must have a product that is marketable for the times, a process for duplication, and a company that has the leadership and training to back you up.

4. May The Force of the Network Be With You
The only income stream you will ever be able to generate in most businesses, is when you make a sale of your product or service. In the corporate world, I want to step on you and dominate you so I can get to the top. You are not a friend; you are an obstacle that is in my way of getting to where I want to be.
Not so in network marketing. I want to help you succeed, because your success is my success. We all benefit when the network team succeeds. I am building a network force of individuals that will leverage their efforts and abilities to create an income stream that will continue to come in every single month. Through duplication, this is done over and over throughout the entire network.

5. Create Your Own Schedule
This is your business and you can work it around your life and create your own hours. Many people start their new home based business on a part time basis. With the power of the Internet, many businesses can be taken with you were ever you go. If you have a lap-top and a smart phone, you are ready to go.

6. Learn Perseverance
Rome wasn’t built in a day. Give yourself a proper time schedule of two to five years. I see so many people that don’t do their homework and jump into something, and after three months they quit. Nobody is going to be successful in any business after only three months, and if this is your first attempt at starting a business, there is going to be some things that only time and experience will teach you.

7. Roll Up Your Sleeves and Get To Work
Work as hard as you want. Remember; treat your business like a business and it will pay you like a business. Treat it like a hobby and it will pay you like a hobby. You can’t just sit on your hands and expect your business to grow. Running your own business is going to take a lot of work and failures, before you’ll ever learn how to fly, but only those who refuse to quit will ever make it to the winners circle.

In closing, I would like to suggest a network marketing business, that has the perfect product, the leadership and training to support all, and it is in a niche all by it self. A 100 billion dollar a year niche and we are the only ones doing this through the vehicle of the network marketing industry.That’s 100 billion with a B. Eleven million every hour. There are lots of customers in our market.

Numis Network is the name. Gold and silver graded collectible coins are it’s game. In case you haven’t noticed, gold and silver are a very hot topic today, so If you’re looking for other avenues of income or maybe you’ve always had a dream of starting your own business, Numis Network just might be for you.

Penny Stocks – Are They a Smart Investing Option?

Net Penny Stocks – Are They a Smart Investment?

Much has changed in the last 30 years of investing and with today’s online brokers and instant internet market tracking, anyone can participate in the ebb and flow of the stock market and Investors now have more opportunity to jump in a new type of no risk Investing known as Net Penny Stocks.

Of course, this makes very little sense if you put the last decade into context. As of this writing, the S&P 500 is down 20.5% over that period, while the Dow dropped nearly 10%. That doesn’t sound like smart investing to me.

I’m telling you from my experience that I literally tried every one of the older schemes, after losing my FT job due to downsizing. Sure, I worked a year before that, but after, no one else was hiring in my area, and I couldn’t afford to leave town to get a job.

Luckily, for the unemployment checks I was barely able to keep my house. I needed to find a REAL way to make additional income somehow. After trying countless ways to find money making programs that wasn’t a scam on the internet I gave up until one of my friends told me about Net Penny Stocks. I recalled hearing of the website before; nevertheless, he then proceeded to his Net Penny Stocks Dashboard to show me the income.

I then opened an Alertpay Account, although there was a PayPal option, I funded $20.00 to it, signed up with Net Penny Stocks, then made 5 initial $1.95 deposits. The first week, I made $12 back, and it near doubled each week as I used some, though not all, of my account credits to continue investing. In a short time, I earned almost what I did at my full time job.

Keys to Success

I would like to point out a few important keys to success that I encountered when investing in this program these are important and will save you a lot of money and answer many questions you can’t find on the internet so please read on…

Firstly, when you make your 1st investment of $1.95 don’t expect the income right away as the website seems to claim, it takes time and effort and may seem misleading and cry SCAM but don’t worry it’s not, they are legit and pay you every week and been paying for almost 4 years and is now just getting popular.

Okay, you made your first solo investment so what do you get? What you get is about.30 cents back instantly and a link to promote and for each $1.95 you invest here’s the deal… promote that link sign on at least 3 active members from that link before investing anymore solos you will earn money on their investments when they do the same.

Making You First Bulk Purchase

Now with the income you earned your next step is to re-invest by buying a Bulk purchase as this is where you really start adding to your income in addition, you will be added to their total Matrix system where you earn from the total money NPS receives it works on a percentage basis that said the more successful you are the higher your return rate keep in mind you MUST follow their 3 steps to your success and you will be tracked along the way.

Follow Their Plan

Here are the steps for a 100% success at net penny… Make 125 solo’s you can buy the for $1.95 ea. or you can purchase a Multi option which is a better deal as you get Solo’s and Bulks at a better discount but keep in mind your goal is make sure you promote 3 people for every solo so when you buy a Multi you’re going to end up with more solo’s which is okay if you’re going to fill them!

Okay next… try to achieve 125 bulk purchases THAT takes time and a lot of cash as you would want to buy them with your affiliate’s money unless you have deep pockets! Whatever on how you may invest you will be paid for your success so take your time and don’t get carried away and expect a lot to happen as what you may think the website claims. NPS never gives a time on your success it’s up to you to make that $5,000 a week to happen.

Lastly, Your next step is the important one of them all promote and encourage your downline You bought them links now use them and become active and you will succeed.

Core Small Business Skills – Strategic Business Planning

Research into the failure of Australian small businesses has identified, that in 90% of cases, a lack of small business management skills were one of the key causes of business failure. Strategic Business Planning is just one of the core business skills entrepreneurs and small business owners should be looking to develop in order to effectively manage their small business.

Strategic Research

It is important to be able to identify and locate relevant business research. This includes information relating to the global economic environment, national and regional economic information, social and demographic information, social trends, industry and competitive intelligence as well as internal business reports and analysis.

While this kind of information is important, it is vital that you also undertake research to determine customer satisfaction, feedback, complaints, demands and wishes. This type of information helps in the development of better value propositions and is important to product development.

Analysis

You need to be able to take this research and analyse what it means to your business. You need to be able to assess your business’s strengths, weaknesses, opportunities and threats in light of this research. Being able to undertake complex analysis is the key to determining appropriate long-term, intermediate and tactical strategies.

Strategy Development

Using your research and subsequent analysis you need to have the skills to determine what your business’s end game should be and to map out an appropriate strategy for achieving those objectives. A small business owner who takes all the information he can to determine the strategic path his business should be on will be able to make informed decisions based on numbers and hard fact, rather than gut instinct.

Business Planning

Successful entrepreneurs and small business owners need strong business planning skills. You need to be able to take your strategy and communicate it to all the relevant stakeholders. This includes your bank manager, angel investors, your staff, third-party suppliers and anyone else who has a stake in your business. Usually the vehicle that is used to formally communicate your strategy is your business plan.

Business planning skills will help you create a clear, concise document which defines your business vision, your mission and values as well as the strategic path you have chosen and why. You should be able to identify each of the goals and objectives and outline in the plan how and when each of the steps on the journey will be achieved.

Strategy Communication

Simply having a strategy is not enough. You need to be able to articulate that strategy so that people can both understand what it is you are trying to achieve and also their role in assisting you in achieving that goal. Once that is understood, people need to ‘buy into’ the vision and you need to be able to communicate not only the strategy but be able to sell it in such a way as to have your audience commit to achieving those goals.

Developing strong strategic development skills will stand you in good stead as you grow your business. You will be surprised how often you are called upon to articulate your business strategy and, having been through a process which includes researching your business environment, you get to know your business intimately and will be able to discuss the analyses that lead to your business plan and to communicate that strategy whenever required.