Tuesday, November 11, 2008

Early Retirement Business -- 3 Home Business Success Tips

Building a retirement internet business requires understanding information like the article below. I thought it contained three excellent tips for building a home internet business.


3 Idiot Proof Home Business Success Tips

Starting a home business and turning it into a long-term profitable business venture is the dream of millions of people. Many pursue that dream and succeed; others fail and give up, but most never even try.

Remember you can't build a successful home business if you never even try and you certainly aren't going to get far if you can't get up from your failures. You are in control of your own destiny. You have the freedom to choose success, failure, or just keep cruising through life on your safe wagon never going up or down.

Below I have given you three idiot proof home business success tips. They are the basis for creating any long-term profitable business. If you follow and stick with them, you won't fail.

Idiot Proof Tip #1 - Promote high converting products with large profit margins.

It's very hard to make a living if you are only selling products that make you a few dollars profit per sale. If you want to build a profitable home business you should be promoting products that make you at least $25.00 profit per sale. Remember, that this is what you need to make in profit so you must factor in your expenses and make at least that much extra per sale.

Idiot Proof Tip #2 - Take the time to create high converting marketing material.

You can have the best home business in the world but if your sales material does not bring in any visitors and then convert them into paying customers, you will not make money. Marketing is the life of your home business so this is very important!

Your advertisements, salesletters, promotional emails, affiliate marketing material, articles, etc... All need to work for you and bring in results. If you are not good at writing good sales copy then hire someone to do it for you or take the time to learn how to do it yourself.

Idiot Proof Tip #3 - Automate your home business as much as possible.

If you want to actually have any time to enjoy yourself then you will need to automate your home business as much as possible. Not to mention the fact that this will help tremendously in increasing your profits and free up time for other business tasks that actually help you to make money.

Autoresponders, outsourcing, and PLR are three great ways to save you a ton of time and increase your income potential. By automating your business and using pre-existing resources available, you can concentrate on the part of your home business you really enjoy... Making Money!

Follow these three home business tips like your life depends on it and you will have a successful home business. But before you can even begin to follow these tips you first have to take action and get starting on making your dreams come true. Stop sitting there waiting for the right time because that time is now!

Article by Diego Norte

Friday, May 30, 2008

Starting an Internet Business After You Retire

Starting an internet retirement business after you retire is not what most people consider retirement and they may be right. But the reality is additional income is becoming important to more retirees. The key is to find something that is not getting another job which is demanding physically and requires a rigid work schedule.

I recently read an excellent US News & World Report article named Keys to Starting a Business in Retirement. In the article Matthew Bandyk highlights five keys to consider when thinking about a retirement business. Click here to read the article.

While the article talks about starting any retirement business after you retire I think there is a big difference between starting a brick and mortar business and building your own internet retirement business which can be run from home or any place you may traveling.

There a lot of other advantages to owning and operating your own internet business which are beyond the scope of the post but if you would like to learn more about how to go about starting your own retirement business go to Building Your Own Internet Retirement Business to learn more. The information is comprehensive and informative.

What do you think about starting your own internet business after retirement? Your comments on this blog will be informative and helpful to me and others.

To your success.

Saturday, February 9, 2008

Retirement Planning

Retirement Job vs. Internet Retirement Business

Planning on retiring soon?

Planning early retirement?

Retired and looking for a job?

These are all different retirement scenarios facing many of us today. Most people will not consider (as a part of their retirement plan) an online retirement business as an alternative to working at a job.
I would like to spend a few minutes looking at the differences between having a job and operating an internet business during retirement.

Let’s look at 5 reasons for taking a retirement job

  • Immediate income and a steady paycheck
  • No cash investment
  • No worries about issues or responsibilities related to the success of the business
  • Benefits provided by the company
  • Part time hours (the rest of your time is yours)

Let’s look at 5 reasons for building your own internet retirement business

  • Expand your lifestyle instead of downsizing
  • Give you an additional income of $100, $500, $2000 dollars a month or maybe even a day
  • Let you earn while you sleep
  • Be your own boss
  • Not have to go to a job

The reasons above are by no means all the reasons for taking a retirement job vs. planning and build your own internet retirement job but it will give you a good contrast while planning your retirement. In the next post I will compare the 5 reasons for not working for someone else vs. not starting your own online retirement business.

In the mean time, visit http://wealthgrowthsystem.com/ for more information about starting an internet retirement business.

Monday, December 31, 2007

Early Retirement -- Start Planning At 30

Plan Your Retirement Early

This message is for the young adults who have suddenly realized that they have to start thinking and planning for retirement (forced or otherwise). This realization usually comes about for most after they have settled into a lifestyle which includes a family, a career, and the realization that they have to have a plan beyond working at a job.

Some will get financial advice and begin to start saving using current financial products like Ira’s, 401k’s etc. This is what I call the traditional retirement planning method. Others will invest in stocks, options, bonds, etc. and run their own self directed accounts. But many will do nothing and spend all their income on day-day expenses saying “I’ll start saving next year.”

Early Retirement Plan

Today I would like to propose a different approach to Retirement Planning. It is a two pronged approach which includes the following:

  • Traditional – save 5-10% of your gross salary using IRA’s, 401k’s etc.

  • Invest in building an Internet business for retirement.

Traditional Approach

The traditional approach is making sure you are putting away a fixed amount each paycheck, which is invested for your future. The higher percentage you save the better. You might be saying “But I need that money for day –day expenses”. In the beginning that may be true but change your lifestyle to find the money. Believe me it will be well worth it and after you have done it for a few months you won’t miss it.

Ok, let’s do a little dreaming. Supposing you followed the recommendation above and you religiously saved 10% of your income starting at aged 30. As the years went by your salary grew and your retirement investments continued to grow as well.

Start An Internet Business

You also started your own internet business at the same time. You invested your time and money building your internet business while holding a full time job and raising a family. Was it hard? “You bet it was” But you rationalized it as continuing your education by going to school at night.

You struggled for 4-5 years but during that time you became proficient and in some areas you even became an expert in operating an online business. The business grew to the point where your salary was greater than the salary from your job. Is this a fantasy, no. Is it possible, absolutely.

Now think about the possibilities at this point. Here are just a few.

  • You could decide to work your business fulltime
  • You could continue to grow your business and increase your wealth
  • You wouldn’t have to worry about your retirement income because your business provides a continuous cash flow 24/7.

Your income is not dependent on a job that is dependent on someone else’s business.

There are many other possibilities; you just have to be open to them. New business opportunities on the internet are being identified every month and once you have the knowledge and expertise you will be in a position to take advantage of them because you invested in your future five years earlier.
A word of caution, I have been talking about a successful internet retirement business. In order to be successful you need a comprehensive understanding of the business and it requires an investment in the business and in yourself. Find out more. Click on Building Your Own Internet Retirement Business.

Wednesday, October 24, 2007

Early Retirement Business Strategy

Stop Listening to Your Friends

Let me tell you my thoughts about listening to friends when you are trying to do something that is new.
  • They will tell you why it won’t work.
  • They will tell you all of the horror stories about others who have failed.
  • The will cite media stories of the problems and failures.

Don’t listen to them unless they can contribute to your success.

Become a Success Thinker

Attitude, belief and perseverance are three of the most important tools you can have when building your internet retirement business.

I define a Success Thinker as a person who is committed to their growth both personally and through business ownership. That person will invest in information and knowledge to build their personal and business skills especially if it will accelerate their business growth.

This is very important point for those of us who were taught to work all our lives for someone else because being a Success Thinker requires a different mindset.

Become An Internet Entrepreneur

Become an internet sponge. Learning how to become a successful Internet Entrepreneur is not hard, it is just a lot of hard work but I think it is worth it. The internet has come a long way over the last few years. It use to require a strong technical knowledge but today you can setup your business faster because you can learn things like affiliate marketing techniques.
That may require hard work, a good attitude and perseverance but I think it beats working for someone else.
Have A Five Year Retirement Plan

Being a successful internet entrepreneur requires a plan. Each person has different knowledge and skills when they decide to build their internet retirement business and to be successful you must have a plan to define your internet business, identify your strengths and weaknesses, define other resources and develop a five year plan to success.

Manage The Tensions In Your Life

I read a blog recently which talked about structural tension.

The author defined structural tension as:

  • The gap between where you are right now and where you want to be and is responsible for generating creativity.
The caveat is:
  • As long as you don’t let negativity become the driver of your thoughts.
Make no mistake, attitude, belief and perseverance will all be required to keep the creative juices flowing. Negativity has no place in building a successful early retirement business.
For additionl information go to Build Your Own Retirement Business.

To your success.

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