26
Nov
Posted in Entrepreneurs by admin |
It is not the amount of hours that you put into a working day as much as the amount of work you put into the hours.Far better to plan your day so that you can maximise your resources,instead of jumping from one task to another and finish up doing nothing efficently.
You don’t need a large sum of money to finance a business proposition.All you need is a good idea and the ability to put together a business plan that will convince investors that you can make money.When people are convinced that you can make money,you should have no problem getting people to invest in your proposition.
A rule you should abide by isn’t to continue working for your money indefnitely.If you do this you become a slave to money.Far better to let money work for you.By investing your money in a business proposition where your returns are guaranteed ,you free yourself.
Take arbitrage investment in sports betting.An arbitrage is simply the purchase of securities from one market for immediate resale to another market in order to profit from the discrepancy. Read more… »
7
Oct
Posted in Small Business by |
Did you know that, in Australia, 60% of small businesses fail in the first twelve months? For those of us who would like to start a small business — maybe even work from home — that’s a very discouraging statistic.
Does that mean that your business idea is doomed to failure? Far from it! There are steps you can take that greatly increase your chances of success. With a little time and some serious research you can hit the ground running. Let’s start from the beginning…
The bright idea
First, of course, you need to come up with an idea. Typically, business opportunities can be divided into four groups:
1. Offering an existing product/service in an existing market.
2. Introducing an existing product/service to a new market.
3. Offering a new product/service in an existing market
4. Introducing a new product/service to a new market.
At this stage of the game the only limit is your imagination. Inspiration can come from anywhere — maybe you have a hobby that you’d like to turn into a full-time job; you may be on the receiving end of bad service one day and decide to try doing it better yourself; or you may have a talent that you’d like to capitalise on. Read more… »
