Tag: entrepreneur

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How to Thrive in a Recession

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Every time I turn on the news I feel like screaming. I am sick and tired of hearing about how bad the economy is. Unemployment is up and is only going to get worse. Banks are in trouble and going under. Real estate is a mess and there is no end in sight. Major corporations are going bankrupt – heck, even the big three automakers may go under.
I hear about how this is the next great depression. I hear about the collapse of the dollar, the collapse of the western world, and the end of society as we know it.
It Isn’t As Bad As It Sounds
The sad part is that it isn’t all that bad. Yes the economy stinks, but this is only when compared to the amazing boom we experienced in the last decade. Companies have been able to go after the low hanging fruit-heck, there was more lying on the ground than you could pick up!
Just because the ground isn’t littered with business anymore doesn’t mean that there isn’t business out there. You just have to work for it. And the past decade of easy business means that most companies have not made the connections and built relationships. Now they pay the price.
And at the end of the day, now is the time where entrepreneurs can really shine.
No, I’m not crazy. Think about what a true entrepreneur does.

  • He connects with his customer
  • identifies his needs and problems
  • then creates products and services to fill those needs or problems

In other words, he gets paid to solve problems
Now more than ever companies are in trouble. Your customer desperately needs you. No, he isn’t spending indiscriminately. But if you solve his problem and help him survive (or thrive) in this downturn he will be your customer for life. And you solve your “slow business” problem at the same time. Only an entrepreneur can do this, and you finally have an advantage over larger companies.
Simple, but Hard to Do
This is a simple concept that is hard to do. I’ve written several articles that are aimed at this:

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Home-Based Business

When Calling In Sick Is Not An Option

The phone was ringing and I couldn’t find the energy to answer it. I knew I should answer, needed to answer, but couldn’t summon the strength necessary. I’d been fighting the discouragement and frustration of a lingering illness for months and didn’t see any end in sight. Doctor’s said I’d see an improvement within six months of beginning this new medicine, but a month in and nothing felt different, in fact, I felt worse. I couldn’t imagine how my business was going to survive if something didn’t change soon.

Dealing with sickness as a mom is always challenging. When you add in the responsibilities of a business it can feel downright impossible. As I dealt with my health problems over the course of the last year, I’ve found a few ways to keep my business afloat while I’m healing.

Schedule your time in small chunks.
During the toughest weeks of my illness, I would set daily goals like “work for one hour” and “work on laundry.” By giving myself small goals like these I was almost always able to achieve them. It is amazing how crossing things off from my to-do list helped me to feel productive. My efficiency was a far cry from what it normally is, but I felt encouraged by these accomplishments.

It’s also imperative to schedule specific times to rest. Despite the fact that I was sick, I felt guilty for feeling so tired all of the time. By penciling in fifteen minutes or so at a time to rest, I was freed from the guilt. It became one more item to check off of my daily to-do list.
The extra benefit was that scheduling it in helped my three-year old to adjust to these short nap times. I would lay on the couch and rest and he would sit with me and watch a movie or play the Wii. This way I always knew where he was and he knew I was there for him if he needed me.

Outsource as much as possible.
My virtual assistant (VA), without even being aware of it, was crucial to me during this time. She was able to take on some of the tasks that I do on a regular basis. What a relief to know that I could count on her to do the things that HAD to be done. Even the weeks when I was at my lowest I knew the necessary tasks were taken care of.

If your kids are old enough you can “outsource” some additional chores to them while you’re healing. My six-year old was such a great source of hope and help to me. By helping me more than usual with tasks like laundry, vacuuming and even cooking (she can put crescent rolls on a cookie sheet better than any other six-year old I know), she felt like she was assisting in my recovery. So often our kids feel helpless, like there is no way that they can help us when we’re ill. This was a wonderful way for her to feel needed and helpful.

Let your family help.
During the months that I dealt with health problems, my family played a crucial role in keeping my business afloat. My husband would often take the kids out to dinner or simply outside to play, giving me time to rest and work if I felt up to it.

Grandma, too, comes in especially handy if she’s available and willing. Although, a neighbor or good friend may be willing to help out when needed.

Don’t take on too much.
Even when you’re feeling your best it’s important to learn the art of saying no. Know your limits and don’t go overboard – even with good activities. When you’re dealing with sickness, it’s imperative that you be honest with yourself about your limits. Don’t try to take on all that you would were you well.

When faced with making a decision about a new project or other activity you’re considering, write out your schedule and take a close look at it. Can you afford to add anything? Is there anything that can be cut?

Be nice to yourself.
Take the time to treat yourself to a small reward near the end of each day. This can be something as simple as taking a bubble bath or going out for fast food instead of cooking. Don’t let guilt overwhelm you. Remember, the better care you take of yourself, the more energy you’ll have for those tasks like cooking and laundry that now seem exhausting.

Categories
Entrepreneurship

What should be the aim for Success!

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There are billions of web base businesses all over the world, and we keep reading success stories from media. Such sensational news and gossips encourage us to jump in Web World to make more money, to make our life easier. Because there is a thought like internet allows you to grow up easily and when you grown up just retire from your job and travel whole around the world… Oh, i wish it would be so easy to do, however it’s not.
Think about Steve Jobs (All of us know him, but let me mention him again); he found Apple and when he actually started to earn money, he is fired! So he started to work that hard again like his first startup (Apple) for Pixar Studios, and he keeps creating worth even he has billions. Or let’s think about Larry Page or Sergey Brin, should they retire and travel all around the world? Sure not… They keep engraving Google in our brains and keep changing approaches like what they did first.
Won’t we retire to travel all around the world?
No doubt, we will! But there is just one point, it shouldn’t be an aim for your business. Because when you aim to make money with your projects, all your approach changes.
Start to see people like Dollars,
Give up easier when you can’t earn that fast
May jump into other profitable ideas
When you need to decide something, you keep deciding up to Making Money Aim!
What should be the aim?
There is just one way for succesfull businesses; Aim to Change The World!
Choose the idea which you love, cause it helps to go on working hard even you don’t make money. Also you want to fix or develop the things for whole World which you LOVE…

“The only way to do great work is to love what you do.
If you haven’t found it yet, keep looking, and don’t settle.
As with all matters of the heart, you’ll know when you find it.”
Steve Jobs

There is nothing else to satisfy you more, if you did something for world. For that reason you will work harder to be satisfied again and again… So when it becomes an addictness, you will start to earn more and more…
What to do then?
?t’s your success, and it’s your decision. While you keep creating worth, spend more time for family, travel all around the world or sell your business to build something different
Your turn, what you LOVE to do? And how will you change the world?

Categories
Entrepreneurship Home-Based Business Online Business Starting Up

eCommerce on a Shoestring Budget for the Do-it-Yourself Entrepreneur

This article is contributed by Michelle Ulrich.
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1. Website
a. http://smallbusiness.officelive.com/ – FREE
Microsoft Office Live Basics is the easy way to get started on the Web. If you have always wanted your own Web site, Microsoft Office Live has just made it easier — much easier.
– Free domain name and Web hosting
– Easy-to-use Web site design tools
– 500 MB of Web site storage space
– 25 company-branded e-mail accounts
– Web site reports
– Search advertising tool with $50 credit* – (I do not recommended to start)
b. Go Daddy’s Website Tonight for as little as $4.00/month
Go Daddy has THREE plans (or so) to choose from!
Blog instead of a website
c. Blogger.com – Free
d. WordPress.com – Free
e. TypePad.com – Basic Level is Free
i. With TypePad Basic you’ll be blogging in minutes. Choose your design from dozens of professional templates. TypePad makes it easy to include pictures and links, manage comments, and categorize your posts. Includes 100MB of storage and 2GB of bandwidth per month.
ii. $4.95 per month for higher level of service (more storage space, etc.)
Benefits of a blog versus a website
– No web designer needed
– Pick a template and start adding content
– Useful for selling one product (i.e. a book, ebook, info product, etc.)
– Useful for selling a relationship with potential clients
– Useful for opinion writing – be careful what you put out there; people read blogs!
– Hone writing skills
– Post at a minimum of 3x/wk for higher Google rankings
– Can also be a link from a website, which also increases traffic to your website
2. List capture form on your website and ezine delivery
a. iContact.com $9.95/month for up to 500 subscribers; 15-day free trial
i. Non-profits receive 20% discount and may pay by check monthly, quarterly, or annually
ii. Templates or design and paste HTML code
iii. Surveys
iv. Auto Responders
b. ConstantContact.com $15/month for up to 500 subscribers; 60-day free trial
c. CampaignMonitor.com
i. For each campaign you send with more than 5 recipients, you pay a flat delivery fee of $5 plus 1 cent/recipient. Any campaigns you send to 5 or less people are free of charge.
ii. Let’s say you’re sending an email newsletter for a client to their database of 4,500 subscribers. To send this newsletter, you will be charged $5 plus a cent for each recipient, $45 in this case, making a total of $50. All prices are in US dollars.
3. Shopping Carts and eCommerce
a. Mals-e.com
i. Shopping cart, digital downloads and affiliate program ONLY
ii. FREE for up to 1000 digital deliveries per month; you can purchase more as you increase your sales.
iii. $8/mo option for unlimited orders per month
iv. $95 flat one-time fee for their mOrders plus version for a desktop application for downloading and ‘databasing’ orders properly and permanently. www.mals-e.com/morders.php
v. Reporting
vi. Numerous third-party add-ons
b. E-Junkie.com
i. FREE 1-week trial
ii. $5/mo for 10 products/50 MB storage space; rates go up to $125 incrementally based on the number of products
iii. Product storage and delivery
iv. Easy to use, pop-up free, installation free
v. Shipping and postage calculations
vi. Sales tax and VAT calculations
vii. Inventory management
viii. Product promotion
ix. Discount codes
x. Affiliate management
xi. Customization (even works with an existing cart for digital downloads)
xii. Tracking, logging and notifications
xiii. Global acceptance
1. download page and email in language of your choice
xiv. Extras
1. send out free expirable download links
2. Works with eBay and MySpace, too!
c. Payloadz.com
i. Digital downloads ONLY
ii. FREE for up to $100 transaction limit / 50MB of storage
iii. $15/mo for $500 transaction limit / 100 MB of storage
d. WAHMcart.com
i. Full shopping cart very similar to Professional Cart Solutions (see below for full list of options, but you get EVERYTHING for $29.99/mo – no tiers
e. Professional Cart Solutions (aka – 1shoppingcart.com and many other private labels)
i. FREE 30-day trial or $3.95 for 30-days depending upon private label partner
ii. Four tiers of service
1. Starter $29
2. Auto Responder $29
3. Basic $49
4. Pro $79
iii. Shopping cart
iv. Broadcast (ezine, email announcements, etc.) delivery
v. Auto Responders
vi. Digital downloads
vii. Affiliate program
viii. Ad tracking
ix. Reporting
x. Payment processing with PayPal as well as a large list of merchants such as Authorize.net; QuickBooks/Intuit will be on the list soon (poss. Fall 2007)
xi. Templates for ezine delivery to come out soon (poss. Fall 2007)
4. Online Publishing Centers
a. CaféPress.com
b. LightningSource.com – Most recommended by traditional publishers if you must do Print On Demand (POD).
c. Lulu.com
5. Miscellaneous online services
a. CentralDesktop.com – Free online collaboration tool for up to 3 users; $25/mo for up to 10 users and other various packages. Use this tool to work with a virtual team to delegate the projects or pieces of larger projects.
b. EventBrite.com – Event management program. First event is free, then up to $9.95 each event. For paid events, your PayPal, Google Cart or merchant fees shall apply. You can specify donations or payments, number of ‘seats’ available, reporting, and lots of extras.
c. Evite.com – Free event management tool where you can pick a template, customize one on your own, add your Outlook contacts, track responses, and it even integrates with PayPal for paid events.
d. Foldershare.com – Free folder sharing application from Microsoft (a bit clunky to set up between two parties, but is an awesome program for sharing documents with clients, subcontractors, etc.)
e. Google.com – Google offers email, word processor, spreadsheet, calendar, classifieds (Google Base), groups, Blogger, Desktop and lots of other programs for FREE.
f. OpenOffice.org – Free office suite similar to and compatible with Microsoft office. Includes a word processor, spreadsheet, presentation manager, and drawing program. Interface similar to other office suites.
g. SurveyMonkey.com – Free up to 10 survey questions with 100 responses allowed; $19.95/mo for unlimited questions per survey and 1000 responses allowed, $200/yr to have unlimited questions and responses.
h. TheBasementVentures.com – Host teleclasses, teleseminars, etc. with this free tool. You can even record your own audio and then copy and paste the html code on your website, download the mp3 file and burn it to a CD for info product sales.
i. Thumbstacks.com – Free webinar presentation tool. This is for PowerPoints or various incarnations of PowerPoint only.
j. YouSendit.com – Free file sending program; $4.99/mo for 2 GB file sending, send multiple files, and no ads on your ‘send’ invitation.
k. Zoho.com – Office suite with free and $5 on up for other options. Word processing, spreadsheet, presentation tool, Wiki, notebook, Meeting (desktop sharing, web conferencing, online meetings, etc.), projects, CRM, database creator, planner (online organizer), chat, mail, and more.

About the Author
Michelle Ulrich is the Chief Villager and founder of The Virtual Nation, an educational destination for Virtual Professionals around the globe. Michelle is an avid believer in giving back to her industry and she does this by offering coaching, teleclasses, resources, and tools, in addition to providing a community of learning, a nation of culture, and a virtual village for her members. Education is the foundation of her organization as well as for her own personal and professional development. Michelle has been a community college instructor teaching a Virtual Assistant certificate program online. Aside from coaching and teaching, she is also a speaker and soon-to-be author on the subject of Virtual Assistance. She maintains her private practice where she specializes in working with authors, coaches and speakers who struggle to keep up with e-commerce and new technologies. Clients can check out her services at www.virtualbusinessmarketing.com, while Virtual Assistants can find her over at www.thevirtualnation.com. She can be reached by telephone at (916) 536-9799 in the Pacific Time zone.

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Branding

Writing Your Book: Ten Tips to Get it Done!

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Most entrepreneurs and executives really want to become a published author, but few have the time or resources to write their book. Writing a book is a big commitment, and many aspiring authors just can’t seem to get started. If you fall into that category, you may decide that you need a ghostwriter or a writing coach. On the other hand, you may just need a gentle nudge to get started.
If you’d like to make this year the year you finally write your book, these 10 tips to getting your book done can help:
1. Make the Commitment – In order to write a book, you really have to decide to do it. Make the commitment to begin. Write it down as a goal with a deadline. Be intentional and take action!
2. Write One Hour a Day – Every day, make time to write – even if it’s only an hour a day. Get up a little earlier to establish a set time daily. Carve out an hour and do nothing but write!
3. Blog Your Book – If you want to chunk down your writing and make it less intimidating, try “blogging” your book. Start a blog and post your entries every day or so. Before you know it, your blog content will grow into the chapters of your book!
4. Write What You Know – Make book-writing much easier on yourself by writing what you know. Use your background, expertise and experience to create the content of your book. When you go with what you know, the writing will just flow!
5. Repurpose Existing Content – If you’ve created a seminar, speech, article or e-book, then you’ve already got some content for your book. Be sure to review your existing materials – from blog posts to e-courses – and recycle what you can.
6. Write Fast, Edit Later – Set a timer for 30-minutes and just write. Don’t put too much thought into it, just get the words down. It’s a lot easier to re-write than it is to write, so write first and edit later.
7. Develop Your Structure – Don’t jump blindly into writing without an outline or chapter structure. You may change it on the fly, but working without an outline is like working without a safety net!
8. Break Through Writer’s Block – There are many tricks for overcoming writer’s block, but most of it comes down to discipline and determination. If you’re stuck, take a break; do something different; then come back at it with a vengeance!
9. Use Writer’s Groups – Joining a writer’s group gives you accountability partners and support. Take advantage of the power of groups, whether it’s an online group or an in-person group.
10. Get Some Help – If all else fails, enlist the support of a writing coach, a collaborator or even a ghostwriter. You may want to explore the possibility of working with a co-author to split the work and make the journey more enjoyable.
Whatever tactics you choose, make this year the year you finally write that book!

LouBortonePhoto.jpgLou Bortone is an award-winning writer and video producer with over 20 years experience in marketing, branding and promotion. As an online video expert, Lou helps entrepreneurs create video for the web at www.TheOnlineVideoGuy.com. In addition, Lou works as a freelance writer and professional ghostwriter, with a ghostwriting site at www.GhostwriteForYou.com and a blog at www.GhostwriteGuru.com.