Online Business Tips Blog: GENERATING INCOME THROUGH ARTICLE WRITING

Online Business Tips Blog: GENERATING INCOME THROUGH ARTICLE WRITING:     WRITING A GOOD ARTICLE Firstly, carefully rese arc h and study your subject matter Think it all through very carefully, WHAT you are...

choosing the right hyips

1. HYIP is risky - most of these programs use Ponzi scheme, so once they will scam investors. So first decide whether you can afford to lose what you have invested. Remember: HYIP is not a charity, no one can guarantee that it will pay for a definite period of time.
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   If you think that the possible profit is worth taking risk, then your next step is to find a reliable HYIP. For this you should visit HYIP monitor. HYIP monitor is a website that contains a list of HYIPs, there you can find detailed information about each program listed in it, its current investment status, also some HYIP monitoring websites offer to give you back the referral fee they receive from high yield investment program administrator.
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   Next step is to determine whether HYIP is paying/makes selective payments/stopped paying. To check it, visit websites that contain the status of program on each HYIP monitor and visit HYIP forums to check the payout reports.You should also check the number the days that the site already ran as the lower the number of days,the higher the chances of earning a profit
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   After Choosing a HYIP,create an account.Do not use password and login ID same as you eGold account,other HYIP account,email accounts and etc. This to prevent your other account from being hacked by the Admin,if he is sneaky enough.Use a different email address specially for registering HYIP sites,unless you want to get spammed.
5. You will have to visit www.hyips.com and a list of hyips investor programme are made, the following sites  are use to check out hyip programme www.scamadviser.com and scamvoid.com

Reasons Why You Should (And Shouldn’t) Advertise

Do you advertise your products and services?

I’m sure you do. If you don’t, you should not be in business.
I’m going to assume you advertise. What I want to do is find out the REASON why you advertise. Are you advertising for the right or wrong reasons? Let’s see where you belong.
Here are the reasons why people advertise.
1. To get results: sales, prospects, contacts etc.
With this, when you place an advert, be it on TV or in the papers, you are expecting instant response. Let’s assume you are in the seminar business and you put up a BIG seminar and then spend BIG money promoting it. Except you are an idiot, you will want people to respond to your advert. You will want them to pick up their phones to ask for more details. You will want them to send you emails signifying their interests. You will want them to
Pay For The Seminar!
That is called direct response advertising.
2. To create visibility and build a brand.
That is  gaining a mind share so people always have you in mind so when they need a product like yours they come to you. Great for the long term.
If Samsung pays Chelsea millions of pounds so they can have their names on Chelsea’s shirts, Samsung is not expecting people that watch Chelsea to go right out to the shopping malls to buy Samsung electronics.
No.
They are staying put in your mind so that when you need electronics, you will think about them.
 

 So why did we do it?
Because its good for gaining mind share for future sales and of course because…
We Could Afford It!
My problem with this type of advertising is not good if you have a small advertising budget. Imagine if your entire advertising budget is N20,000.00
If you use this method, you will go broke before seeing results.
3. Because everyone advertises so they have to.
Some people don’t even have an idea why they are advertising. Or should I say they have no advertising goal. They started their business and heard (or have always heard) that it is normal to advertise so they take out money to spend on the most enticing advertising medium.
Such people are not meant to be in business. They are better off getting a job.
4. To feel really cool with themselves
This is the silliest group of all.
They say things like…
“Did you see that ad on DSTV? That is our ad”
“Make sure you buy The Punch Newspaper tomorrow. You will see our nice ad on page 14.”
“Don’t you think our ad is really really cool?”
Dumb! Dumb!! Dumb!!!
My Advice:
As a small business owner, go for number 1.
When you begin to make money, add the second.

Do you really think any sensible person should advertise because of reasons 3 and 4. If you know anyone like that please tell him that it is not the appropriate way.

Don’t Quit Your Job Yet

I know countless number of people that are not happy with their jobs and will like to start their own businesses. Just recently, I hosted an Internet marketing seminar in my office in Lagos and many of the attendees were full time workers looking to go solo. If you are one of such people, that is great.

The other part of the story is that saying you want to start is just the beginning. It is easier said than done. You must have a very strong reason to quit your job, start a business and stick with the business.
Over and over again, I see people start businesses, fail and then go back to look for jobs. Nothing wrong with that. What was probably wrong was that they DID NOT have a strong reason in the first place.
Do not quit your job to start a business just because of these flimsy reasons. You need STRONGER reasons to become a successful entrepreneur.
1. Do not quit your job because you don’t want a boss:  That reason is not strong enough. In business, even though you are your own boss, you will still have plenty ogas worse than your current boss.
You will always have an oga.
Creditors
Regulatory bodies
The tax man
Etc etc.
2. Do not quit your job because you don’t want to work long hours:  As a business man, you will work longer than your employees. In fact, you will be permanently working. You will work longer than you used to work. You will be disappointed if you expect anything less.
On a personal note, apart from running our sports betting business, I run a training company and I run an NGO, the Akin Alabi Foundation. And that is not adding my political activities and participation in professional associations relevant to my business.
How will I ever work short hours?
3. You want more money: No sir. Don’t expect money from your business from day one. In fact, you have to be more careful about spending as you no longer have a guaranteed salary at the end of the month.
When you start a business, you have to really really reduce your personal expenses. You have to be very smart with your money. If you fail, no one will give you a salary.
You should only increase your personal living standard only if your business is growing. If you go into business because you need money quickly…

failure in business

Dear Friend,

When I was in secondary school, my economics teacher used to say that the number one reason why most small businesses fail is because of lack of adequate capital. I believed my teacher like most of us did. Why not? He was my teacher and he knew it all. There was no way I could…

Question His Authority.

What I have found out over the years since I’ve been in business is that while having adequate capital is vital and essential, it is not the biggest reason why most people do not make money with their businesses. I’ve come across a lot of business owners that had access to a lot of money but their businesses still struggled in the market place.

So, was my economics teacher lying to us? I won’t go that far. He was innocently passing across what some other people passed across to him. He had never done any kind of business so all he taught us were mere theories.

From my experience in business and consulting for other small business owners, I’ve since discovered that the reason why most businesses do not make money and fail at the end of the day is simply because…

They Do Not Sell What People Want To Buy!

Are you surprised? Don’t be. You see, the truth about business success is that once you offer people what they WANT to buy, your business will make you more money than you can ever spend. Lack of adequate capital will not be an issue as customers and investors will literately beg you to take their money.

Before you launch out with any kind of business, you must ask yourself: do people really want my product or service? If you cannot answer that question with a straight face, then do not bother to start the business.

Do not make mediocre assumptions like most people do. Assumptions like “Every human being must eat so I will sell food” or “every human being must drink water so I will sell water”, or “every human being must wear clothes so I will sell clothes”.

Yada. Yada. Yada.

Don’t get me wrong. I’m not saying food, water and clothes will not make you money. What I’m saying is that you should not follow general assumptions. Have you asked yourself if people actually WANT the kinds of food you want to sell? If you have not, you must have a rethink.

I remember a lady telling me years back that because we must all use salt to cook, she would make millions selling salt. I laughed really hard because I do not know the volume of salt she would sell in her shop to make millions. Come to think of it. If you organize a big party, you cannot finish a bag of salt!

If you want to make a lot of money, you should sell what people WANT to buy and not what people NEED to buy. Products people need to buy will make you decent money but products people want to buy will fly off the shelves…

Faster Than a Texas Tornado.

For those that are wondering what the difference between a product people NEED to buy and a product people WANT to buy is, kindly give me an opportunity to explain. There is a colossal difference between the two and I will explain with an illustration.

Let’s assume you’re a mobile book seller and you have just taken stock of two new books. One of them is titled “How to easily pass WAEC and JAMB” and the second is titled “How to inexpensively relocate to Canada”. Let’s also assume you are about to market the books to group of secondary school leavers.

Before we go any further, let me ask you this: if you have a son that has just completed his secondary school education, what will you advise him to do at that stage in his life? Pass JAMB and go for his university education or travel abroad to work? The obvious answer is to pass JAMB and go to a university because that is what he NEEDS at that stage of his life.

I want you to imagine a situation where you can gather 100 teenagers that have just completed their secondary school education. Ask them what they will prefer. To pass JAMB and go to a university of to travel abroad? I can guarantee it that 90% of them will choose to travel abroad. Why?

Because that is what they WANT!

Are you getting the picture? You have a bigger chance of success when you sell wants. When it comes to wants, human beings do not make their buying decisions based on common sense. We tend to buy emotionally.

Why do you think sports newspapers sell more than business newspapers? We NEED business news, but what we WANT is sports news. We don’t care that these footballers we religiously follow their careers are already multi millionaires.

The lesson is simple: before you start that business, make sure the product or service you want to offer the public is what the really want and not what they need!

article on how to make money online

here are very few ways that are known on how one can make some extra cash online. It can also be quite confusing for many people when establishing which ways actually work. When surfing the internet, many people will move from one website to the other in search of a particular product or service. Additionally, many prefer the best products of good quality and also with a reasonable pricing. As a result, many are likely to end up going on and on when surfing through the internet. Many a time, we also tend to look out even for the free stuff!

So, have ever paused to wonder what is in it for the individuals who offer such to us for free or at very affordable rates? I am sure you have wondered how these guys benefit in the end?

Actually, such people make so much more than what you may imagine. For one, the website you visit are in many cases accessible by many around the world. The more popular their products or services are, the more benefits they are likely to get! Look at it this way, an individual selling the same from a place that can only be accessed physically do not have as much clients as they are restricted to the people who can access them due to time and location factors. Remember. ‘websites shop’ are as good as 24hr super shops.

So now you know its power, benefits and market base and you can’t wait to think of probably doing the same and make more money from the very comfort of your own home! But do you have any product to sell? Do you know what it is you may want to showcase in that one super internet shop that you probably want to venture in? So how do you started? Well, you need not to worry. Even if you do not have your own products, you will definitely get products that you can showcase and get a commission from all the sales that you will make. So, think of it this way; one page website can give you that financial freedom that you so much desire. Also, are you able to build a website?

Many a times, we go through unnecessary troubles of hiring a web design. A few may be able to do it with some eventually giving up. However, you may be shocked that you can actually sit down in your own home and create your very first website! Yes. You can do it.

I’m confident saying this to you since this is the same process that brought me into the world of internet marketing and online business which has really changed my life for good.

                 Ready to Do Business Online?

There is a common misperception these days that if you haven't got your
small to medium sized business online yet you're too late. As long you
learn from the first wave of Net entrepreneurs you can actually be better
off then those bleeding edge web pioneers. Using the lessons that it took
e-stores four, five or even six years to learn you can get online in half
the time and with better infrastructure and tools.

The biggest mistake new e-businesses make is not initially putting enough
money into the venture. Just because it's the Internet the majority of new
businesses do not put the kind of resources behind it that they would any
other endeavor. Many try free hosting, hiring a nephew to do the design,
using free shopping cart scripts, etc. The hard truth is while the Net is
great for reaching a global audience it also makes for global competition.
If your selling books you're no longer competing with the other book store
in town or on the same street - you are now competing with Amazon.com and
Barnes and Noble.

The flip side is that if you plan well enough (or contract a reputable firm)
you can minimize the long term cost of running a successful enterprise. By
choosing the right infrastructure you can minimize the time it takes for
design and information updates, inventory management and pricing changes,
and all the other aspects of managing the entire operation. One solution is
to set up a data base solution in conjunction with a series of programs to
handle everything from displaying your sites pages to handling the ordering
process. And while this does take more time to set up, you can get a data
base that will handle all but the largest businesses for free called MySQL -
the trick is to know when to use a free solution and when to pay the piper.
This is where the learning from others mistakes comes in.

The second biggest mistake that new online businesses make is not doing the
proper planning to make their project successful over the long term. By
either doing the research yourself or hiring and outside agency to evaluate
your project you can save time and money. What technologies are other
similar enterprises using to achieve the results you are looking for? What
type of hosting solution will you need for your enterprise? Does the
provider you are considering house the servers themselves or do they
re-sell? Do they employ load balancing so that your site does not crash
after you've spent big bucks on a promotion? Where is the most effective
place to spend you ad budget? These are just some of the questions you
should have answers for before jumping in to the world of e-commerce.

Choosing a hosting provider is filled with pitfalls. It is easy to sign up
with a substandard provider as well as over paying for bandwidth, disk
space, features you don't need. If you are planning a large enterprise you'
ll need to choose either a dedicated server (your own machine, but this
brings server administration into the picture and it's not for the casual
user), or go with high quality virtual hosting. You'll need a provider that
supplies you with enough bandwidth (10 Gigs is enough for all but the
largest sites) as well as enough disk space (100 - 300 MB, one of our sites
generates 100 MB of log files each month!) and excellent tech support. Also
ask about their connection to the backbone and uptime stats for the last few
months.

The next step is to plan the site itself. Before you start the first
graphic or HTML page you should decide how the site should work. Are you
going to use static HTML pages or a database that serves pages to users on
the fly? There are advantages and disadvantages to both methods of course,
and you can blend the two as well. Many sites use static HTML for their
main pages and a DB to drive the content or shopping sections of the site.
There are many other considerations as well: to use frames or not, heavy use
of graphics or quick and clean, what scripting language to use, etc. In our
experience the initial planning of a web project is the number one indicator
of success or failure, poorly planned sites rarely stay afloat for more than
six months.

By doing the proper planning and putting enough money into the project you
can start a new online business (or re-tool your existing one) and be
competitive in the marketplace.