In the last few years there has been a big shift in the work force. Many workers are now looking to start their own home based business instead of being stuck in the rat race. There are literally hundreds of reasons for you to NOT work at home, but there are 3 big reasons why those don’t matter.First, starting your own home based business allows you the freedom to create your own income level. Have you ever dreamed about writing your own pay check every week? Have you ever wished you could decide when you get a raise?With a home based business, you are in full control of your income. Your income is directly related to the amount of knowledge you gain and how hard you decide to work each day. No longer will you be stuck working 9-5 for the same amount of pay every single week, with little chance for pay increases.Second, starting your own home based business allows you the freedom to spend more time with your family. Setting your own hours in your own business and working at home gives you more flexibility to do what you want when you want to.You can get rid of the words day care and babysitter from your vocabulary because you can now do your work when your kids are playing, napping, or sleeping and get the same amount of work done as you normally would at a regular office. You’re also completely eliminating the word commute from your life. You can literally save hours upon hours every week by working at home instead of driving to work each day. Not to mention the money you save on gas and work clothes.By starting your own home based business you are literally creating a situation where you can not only see your family more, but have the extra money to spend doing fun things with them.Third, starting your own home based business allows you the freedom to follow the career of your dreams. You can choose any industry, any work, any business you want to start. In fact, not only will you be more fulfilled because you are pursuing a career that you love, but also you will be more effective and better at your work this way too.It doesn’t feel like work anymore when you are doing what you are passionate about every day of your life. By doing what you love, you will not only be happier, but you’ll also end up making more money too.These are three great reasons to start your own home based business and live your dreams. No matter what you think the drawbacks are of starting your own business, these three things alone far outweigh any negatives.
Considerable Factors Involved in Product Creation & Marketing
The niche you have chosen should allow creation of more than one product or service. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts, to complete turnkey solutions; there is no need to worry about spending time on the real products sold to the customer. The main ones are keyword selection, sales copy principles, graphics, affiliate programs, product creation, online payment processing, auto responders, and search engine optimization.
Once you’ve earned money from this type of information product business, you can invest in the creation of your own products if you want, or start offering more informational products that allow you to sell your knowledge. But the creation and production costs of a similar big ticket in sequence product, although higher, are still pretty low. A key by-product of this process will be the creation of 3-D, Computer Assisted Design art.
The Association for Financial Professionals permits the following activities for repatriating funds: Research and Development activities, advertising and marketing programs, hiring and training new recruits, acquiring patent and other rights to intangible property, improving transportation, funding capital investments with the purpose of job creation and job retention & funding product responsibility or environmental claims.
It prohibits certain activities like: Tax payments, Payment of executive recompense, Payment of dividends, Redemption of stocks, Debt investments and Portfolio investments. Therefore, before repatriating the money, you must consider whether it is worth or not.
Checklist on what artist and product development necessitate includes: Exceptional vocals, musicianship and/or songwriting skills, Continued education and enhancement of musical skills, Quality equipment, Performance ability, Image creation and maintenance, Plan of action, goal setting, excellent promotion materials including photographs, press releases and artwork, Business management skills, Marketing, Publicity and Promotion knowledge, Online and Offline Professional management, Basic knowledge of recording, producing, engineering, and mastering, Basic knowledge of manufacturing, distribution, and sales online, brick and mortar and air-play, Good choices in members, staff and advisors, Physical and mental preparedness, Basic knowledge of finances, accounting Law and legal issues etc.
The goals for doing so are for the product owner to: Communicate the whole, Determine and communicate when releases are needed, Determine what functionality is sufficient for each release & focus on business value derived from the releases. The delivery team on the other hand will see the whole, learn about the steps to realize the vision, learn the business priorities, provide technical input to the roadmap and provide estimates for the projected features. The salesperson must lead the prospect through the various decision criteria needed in order to secure a sale. Whether your idea is the development of a product, launch of a service business, or even the creation of an event or program for a non-profit, creativity is the root of all entrepreneurial efforts starting with the vision itself.
People quickly learn to spend their time on marketing and product creation, rather than repetitive tasks. Apart from empowering companies and individuals, there should be a particular focus on identifying labor intensive businesses that have the potential to make a significant and positive impact on employment creation as well as those businesses that have a product or service offering for export markets with the final objective of booming local economies.
The Fate of Small Businesses on the Arrival of Big Brands
Running away when you find yourself in a competitive environment without a single effort or even a failed trial to see if you can make it can be termed the worst form of failure.
What defines you as a success story, are those efforts you made on your way to success and not the success itself. Your ability to take the bull by the horn and make concerted efforts to make a mark when everything seems blurry is what the definition of yourself should be.
Small and growing businesses tend to run into hiding when the “Big bull” (the big business) comes to town.
Some go as far as closing up even before the arrival of these big businesses. They surrender at the mention of the arrival of big businesses not minding the fact that they (the small businesses) have existed for a very long time.
This is as a result of the self-inflicting pain and fear that they bring upon themselves due to poor orientation and insufficient grooming. As a small business owner, you should be able to adapt and change with changing market conditions. When the market is shaky and unstable, your agility and stance must be firm and resolute.
A proper mindset, a proper thinking pattern and a good success orientation and grounding would help you to adjust and face the competitive business world confidently and bravely too.
It would not be much difficult for any small business that has been doing well in the past to retain its market despite the presence of big brands/businesses.
All you need to do is believe that you can make it and retain your company’s image along with your value driven products and services.
Nevertheless, a small business that have not been living up to expectation can still put up measures to weather the storm at the emergence of big businesses.
You as the owner of a small and growing business should possess a reasonable certainty and resolution devoid of relying on weak hopes to take your business to the next level as you aim at achieving success. You do this by putting in place, a good marketing system that directs and helps you to achieve reasonable amounts of profits and success.
The big mistake that most small and growing businesses make is that they are unsure of themselves and end up using excuses to cover up. They fail to realize that their business is meant for some people and those potential consumers would come looking for them if only they can distinguish themselves and offer something substantial and valuable.
You have people that believe in you and in what you have to offer. Remind yourself of this always and you will conceive that driving force you need to propel you further for more profitable actions.
When your mindset is constructed and built up with the thought that, “if anyone can do it, so can I”, all your actions and strategies would be based on energy and hard work aimed at hitting your target and reaching your goal.
It is therefore left for you as a small business owner to decide to stay put even if you are surrounded by the big businesses and create products and services that would help you sustain and grow your business.
Your products and services have to possess greater value to the customers.
As a small business owner, you have an edge over big businesses because;
Your operational costs are low.
You have direct contacts with your customers.
Due to your closeness to your customers, you can get to know what they think about your products and services and how you can serve them better.
You can come up with a very dynamic and targeted marketing plans and systems that cut across your target audience.
Some of these advantages are not always available to big businesses due to their administrative bottlenecks and wide (sometimes unnecessary) market coverage.