5 Ways to Achieve Financial Freedom and Achieve Your Goals in Your MLM Or Home Based Business

Setting goals in your MLM or home based business is the most important thing you can do towards reaching the success and financial freedom you are looking for. As the famous baseball player Yogi Berra once said, “If you don’t know where you’re going, you might not get there.” Goal setting is responsible for just about all of my accomplishments from graduating top in my college and law school classes, to prevailing in cases I tried in court, to making time to stay in shape, to success in my MLM home based business, to spending quality time with my family and fostering my hobbies. Here are five ways to realize your goals in your MLM or home based business.Write Down Your Goals Most people have goals. But these goals tend to be ones that are broad and just floating around in our heads. The simple task of writing down your goals, along with the steps required to reach each one, is the difference in whether you will break into the 5% of the population who makes all the money or stay in the 95% who work for them. Psychologists say that 95%-97% of the population does not have written goals and fail while 3%-5% do have written goals and succeed. So, if this simple task can move you into the echelons of successful and financially independent folks, why not take the time and discipline to do it?Visualize Your Goals You should spend a few minutes every day (I do it when I am going to sleep at night) to really imagine your life as it will be when your goals are met. What will your home look like? What will your appearance look like? How will you spend your days? What people will you surround yourself with? What music will you be listening to? What will your car, and office look like? Where will you vacation?Review Your Goals Regularly Almost as important as setting your goals and writing them down is taking the time to review them regularly. You should get in the habit of reviewing your MLM or home based business goals at least a few times a week. I suggest typing them out and taping them to the bathroom mirror and putting them next to your bed. This way they are the first thing you look at in the morning and the last thing you look at before bed.Listen To/Read Motivational CD’s/Books According to the Mayo Clinic, positive and motivational material can lead to better coping skills, decreased negative stress and even an increased immune response to the common cold. These books and audio books are great at keeping you focused on attaining your goals and establishing confidence in yourself while growing personally. A good MLM or home based business should provide this as well as suggest good books to read to listen to on CD.Never Stop Training According to the SBA Office of Advocacy, 52% of Americans are involved in a home based business. An MLM is the easiest kind of home based business to start because of the minimal investment, the support provided, and the training available. A key to achieving your goals in your MLM home based business is to be constantly learning. You will grow personally and professionally by tapping into the training made available to you. The best MLM companies will train you to achieve your goals and develop into a successful entrepreneur.Find the right MLM or home based business, follow these tips and never abandon your goals. Know that there will be bad days and good days. There will be challenges and bumps in the road. But, never lose sight of the big picture. Zig Ziglar once said that, “A goal casually set and lightly taken will be freely abandoned at the first obstacle.”

Legitimate Home Based Business Opportunity – How To Tell If A Home Business Is Legitimate or Not

Finding a legitimate home based business opportunity isn’t always easy with all the hype and fluff that’s out there. However, there are a lot of great, legitimate opportunities and in this article I’m going to give you some tips on how to find them.How To Tell If A Home Based Business Is Legitimate or NotWhen you are looking for a home business opportunity, there are a couple of specific things to look for that will help you decide whether or not it’s legitimate. Those two things are the cost of the program or opportunity, and how much time is needed in order to succeed. Let’s start with the start up cost…If you did a search for home businesses on the Internet, you would be overwhelmed with the number of sketchy opportunities you’d find. There are pretty easy to spot too. Most of them with a start up cost in the $25-$50 price range, and all of them promising to make you thousands per month on auto-pilot. If come across an opportunity like this, run the other way.Don’t fall for these sales pitches: “New unique software generates $20,000 per month with only 3 clicks of your mouse, all on complete auto-pilot.” If you are looking for a legitimate home based business opportunity that can generate you a full time income from home, avoid low cost programs or opportunities with unrealistic claims. They may sound appealing but trust me they will just take your money.Another thing you should look for is how much time an opportunity claims you will need to work in order to be successful and earn an income. If you come across an opportunity that claims you only need to work 10 minutes per day or 3 hours per week, it’s probably not that legit.It does take hard work and dedication in order to be successful in the home based business industry. If you can’t, or aren’t willing to devote at least a couple of hours per day into your business, you are going to struggle. Any opportunity that tells you that you can be successful and make tons of money just pushing a few buttons, without doing any work, is not a legitimate home based business opportunity.

Internet Home Based Business – Marketing Yourself on the Web

The phenomenon of the Internet has become a part of our daily lives, so it seems natural to build and internet home based business where you can work from home via the online community. In fact, many organizations are now doing business almost exclusively online. However, in order to build your internet home based business you need to market your products and services.If you have a start-up internet home based business, you are probably working on a limited budget. Fortunately there are a number of resources available to you to market your internet home based business to the online community. One inexpensive option is to use a pay-per-click marketing program to advertise your internet home based business online. Many large search engines like Google and Yahoo! offer programs where you can advertise your business and only pay when someone clicks on your advertisement. The cost of each click varies, ten cents and upward, based on the popularity of the keywords you register.Another inexpensive technique to advertise your internet home based business is to share advertising with other websites. If you know of websites that your consumers may frequent, you can discuss swapping advertising on each other’s sites. You can also write articles about your internet home based business products or services to be used in other people’s e-zines which offers you free advertising on the web.Offering a newsletter or freebie is a great way to advertise your internet home based business for little time and effort. Having people sign up on your website for a free newsletter courtesy of your internet home based business is a great marketing technique. A newsletter allows your potential consumers know what you have to offer and how it can help them in their endeavors. If you do not have time to create a whole newsletter, then maybe start an e-mail list for simple tips or coupons.

Home-Based Business Opportunity? Why Should You Be Contemplating on One?

There is a home-based business opportunity for every individual that (he/she) feels to utilize their knowledge and skill to become their own boss and work toward their own financial freedom instead of working hard to enrich someone else.

A home-based business is a business where the center of the business is situated in the owner’s home. This leads to one very important consideration, especially if you have a family: How are you going to separate your home and workplace? When considering a home-based business opportunity it is important to think about these factors as it can influence both your work situation and home life negatively when approached in a wrong way.

While considering a home-based business opportunity, one need to first assess ones talents to identify what one is really good at. These talents will form the bases for one’s business and will determine to a great extent the success that should come thereof. Closely related to assessing your talents, is examining your skills & talents, in other words, what you can do! Skills will develop as you are using and learning as you are developing your talents.

Your home-based business opportunity will come together if one can use both his/her skills & talents to create result bringing business ideas. The service that you render can be professional services such as advisory services or bookkeeping. Unfortunately, manufacturing businesses from home that entails clients coming and going the whole day might upset their neighbors. Ensure that your home-based business opportunity can be really workable from home.

It is important to assess your home-based business opportunity in terms of the profit angle. As you will be working from home, it will be necessary for you to distinguish between your office expenses and your home expenses. Do not fall into the trap of getting your home and office expenses mixed up, as you will not be able to determine your real business profit. To help you do this, an important starting point would be to have a separate phone line for your business. Many people fall into the trap of using their home phone lines just for starters and fall into the habit of doing so. In the end your business will show a profit, but your home expenses will be more because of your telephone.

A home-based Internet business has several benefits, one of them being the time freedom that you can make through the leverage of time and money. You will not be subject to any rules. There is no boss, no time schedule and no corporate structure. Make sure that you do not become to relax because of this. It is still important to maintain a professional image and work according to your own rules. Remember, if you do not work, you do not get money. Make the best of a home-based Internet business to make sure that you reap the rewards. If you are your own boss, you are the only one that can make it work.

Big Banks Shun Small Business

Any small business owner who recently tried to secure a loan will tell you it isn’t easy. Now data clearly shows the broader effects of this struggle.

The Wall Street Journal recently reported that the 10 biggest banks in the country that issue small loans to businesses lent $27.8 billion less in 2014 than the industry’s 2006 peak, according to the Journal’s analysis of federal regulatory filings. (1) This decline has forced many small business owners to turn to higher-cost funding sources.

The response is similar to that of individuals who are turned away by banks and then resort to expensive and risky alternatives. For businesses, these may be nonbank lenders, often in the form of online companies that require little or no collateral but that charge much higher interest rates than banks. While not all of these lenders are predatory, the space is still largely unregulated. For small amounts, some business owners are turning to nonprofit microlenders or crowdfunding to try to fill gaps, though both have serious limitations.

But many businesses are simply turning to credit cards when they cannot secure traditional small business loans. According to the Journal, small business spending on credit and charge cards will total an estimated $445 billion in 2015, compared to $230 billion back in 2006, when conventional lending was readily available. (1)

It may be more profitable for banks, but this solution is bad, and probably unsustainable, for business owners. As Robb Hilson, a small business executive with Bank of America, told The Wall Street Journal, “If someone wants to buy a forklift, it doesn’t make sense to put it on a credit card.” (1) Yet many small businesses have little other choice for now.

This result is not surprising. Large banks generally find small loans unattractive, partly because of their relatively high costs and partly because of tighter regulatory requirements. A Goldman Sachs analysis earlier this year cited the reduced availability of credit as one of the principal reasons small businesses have faltered in the wake of the financial crisis while large enterprises have largely recovered. (2) As regulators cracked down, it became uneconomical for banks to serve clients other than the most creditworthy. Startups seldom make the cut.

My own experience mirrors others. Even with a 23-year-old business that operates across the country, banks want hard collateral before they will make substantial loans. And when the chief assets of a business consist of loyal customers and really smart employees, the only available collateral is personal real estate. And even real estate was not enough at the first bank I approached; geography came into play too. If banks find our established firm too risky to make unsecured loans, many smaller or newer enterprises do not stand a chance.

With big banks out of reach, small community banks should have been ready to step into the gap, eagerly courting new customers. But that has not happened, largely because the number of such banks continues to decline. This trend predates the Dodd-Frank financial regulations, but the regulations sharply accelerated the community banks’ loss of market share.

This is not to say that all community banks are in immediate danger of going under. To the contrary, recent data from the Federal Deposit Insurance Corp. suggests that those that have held on have expanded their lending and narrowed the profitability gap with larger banks.

While this is good news, it’s not enough to fill the gap in small business lending. And it seems unlikely to do so soon, since new bank establishments have dropped nearly to zero, thus cutting off a supply of lenders who are eager for new customers. According to an FDIC report from April 2014, there were only seven new bank charters total from 2009 to 2013, compared with over 100 annually prior to 2008.

The small banks that have survived have largely done so by being just as risk-averse as the big banks with which they compete. Regulation has simply made it foolish to act otherwise. But this leaves all small businesses except those with established history, sterling credit and substantial collateral without the means to secure the capital they need to make their enterprises grow.

Small businesses are crucial drivers of new jobs and new products for our economy; their credit struggles are probably a significant reason this economic expansion has been sluggish by historical standards. We have made it unattractive for big banks to serve small businesses, and small banks are not ready to fill the gap. We all pay the price.

How To Succeed At Online Product Creation The Easy Way

Product creation could be a frightening subject for a lot of Internet marketers to face. Some folks who get in the game with the intention of making a full time income are completely ignorant as to how an online business operates. One of the most profitable ways to create online cash is by creating a product that others are happy to pay for.

Product creation is legitimate method of generating money through internet marketing but many entrepreneurs get it wrong. They start by imitating their Internet marketing gurus by creating information products on Internet marketing in hopes of getting rich the way their heroes did. The problem is that they usually don’t know what they are doing and enter a highly competitive niche with very little marketing experience or connections.

Here are a few tips for effective product creation that may help you get on the right track:
Start by finding a profitable niche with low to moderate competition. If you conduct some rudimentary market research and keyword research, you’ll find many opportunities in areas that will surprise you. Amazon and eBay are two great places to brainstorm for product ideas.

Developing Your Product does not have to be a difficult project. You can find experts in the right field for your niche and pay them to write the material while an artist designs the packaging and website or blog. You can outsource the entire product creation part of the project after you conduct the research and testing to ensure profitability.

Sales and marketing strategies should be created while developing the product and learning about the market. Some experienced marketers use pay per click to drive traffic to their offer page; some folks outsource the entire marketing campaign to affiliates through ClickBank or other affiliate programs.

Product creation does not need to be hard, particularly when the merchandise is electronic. E-books, videos, audio and multi-media products sell very well. They are distributed immediately to customers electronically. Once you have a good feel for a niche market, try to service your customers with associated products and upgrades. If you want to earn money online through product creation, you must understand supply and demand. The majority of new online marketers fail miserably because they go after highly competitive markets or forget to research their chosen niche properly. You have to create your products according to the needs, wants and desires of the prospective customers.

Information Product Creation: Never Compete on Price Because There Is Only One You

Information product creation requires extensive preparation, no matter which niche you work within and you want to make sure that your information product has a successful launch. That probably sounds scary and intimidating but here’s the thing: this is a one time effort and it will pay off in a foundation that is strong enough to get your ideal clients to invest in your high-end programs and services without the perils of a traditional funnel. This article will teach you a few of the things that you need to remember if you’d like to invest in yourself and start on the information product creation path using your unique talents and abilities. Remember that you never have to worry about anyone ripping off your ideas because if you understand how to properly position yourself around your story.

Understand Both Strengths and Weaknesses: It is good to have an impartial view of your own strengths and weaknesses when lay the foundation of selling yourself within the information product creation process. It helps you figure out where you are, what you lack and how to move forward so that you get as much growth as possible. It is more than important, it is urgent if you want to create fast success for yourself to have personal positive reinforcement and deep belief to provide yourself the support you need so that you can get over your own limitations to ensure that your information product is as valuable as it can be.

You also need to know exactly who your competition is so you can study them and use their methods to help you improve your own standings. Down recreate the wheel, but understand the wheel and position yourself going uphill from the competition. Check out which kinds of opportunities you’ve already got and try to figure out how best to use them while taking care to remember your strengths and weaknesses. This is a great way to figure out where you stand against your competition which helps you figure out how best to grow.

Launch on Time: No matter what, even if you haven’t officially announced your “launch date” you should launch the site when you’ve said you would. This will force you to stick to your goal and actually work on it. Thinking that “I’ll launch it when I think it’s ready to launch” will only hinder your efforts. You’ve got a responsibility that you need to live up to with your launch, and you can’t move back on that one. If you get close to your launch date and you are getting hung up on your self limiting beliefs in your information product creation, don’t worry this about getting it out there and not perfection. As long as it is usable you should launch it. Launching on time is the professional thing to do and it is more important than creating a “wow” effect in your site visitors. You can always update/upgrade your website when you have to, so there shouldn’t be any issue with that.

Analyze Your Own Concept: If you want to make your information product creation successful you need to understand how good your concept is: is it really going to work for your chosen audience or would something else be better? You already know about your competition; how does your concept measure up? If you haven’t come up with your own idea and are trying to work with someone else’s concept, do some more work on your own before your launch. People want original ideas because they’ve seen too many other me-too websites already.

Test Your Concept Before You Commit To The Information Product Creation Process: One of the biggest failures people have with information product creation is not testing an idea before putting a lot of effort into producing an information product. PPC to a small 5 page site with a landing page is a great way to test an offer before you even produce it. If people will sign up to get it, you can be sure that you can create an information product that will target eliminating the pain of your target market. The small amount of money will be invaluable in using crowd sourcing to direct the final outline of the information product creation process.

You’ll have lots of hurdles to clear after the launch of your information product and the only way to truly take care of them is to follow the advice in this article to work smarter. Plenty of people work hard, but it is the ones who work smarter who make real money online with the information product creation business model.

Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up

One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.

However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.

Your product creation system should do this for you if only to help you to understand the overall task.

But why?

In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!

So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)

The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.

Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.

Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.

By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.

You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.

A Guide on Successful Product Creation and Internet Marketing

Product creation in Internet marketing is getting stiffer and stiffer nowadays owing to tough competition between Internet-based businesses. Putting up a new product requires plenty of brainpower and finances along with an ability to take risk. With that, even if you have the product well-set already, you have to position it strategically in the Internet landscape for others to notice. You should get the interest of Web users and turn them to actual customers. Aside from the usual physical products, many different products that thrive well on Internet marketing include E-books, membership sites, and video lectures.

The long and difficult process of product creation begins with ideas. They are easy to get – compared to the effort that comes with analyzing the market for that idea. Before the idea turns to a product, businesses often spend money, even amounting to millions of dollars, to ensure the success of the new product that emerges from an idea. Businesses undertake many types of market research and surveys before releasing their products to the public. Now, you may think that because your business is small, you can’t afford research or you don’t have to do research; you can and you should. The Internet allows you to disseminate materials needed for your market study to many people at once without your having to spend a cent.

It is a common maxim in business: Look at your destination first before mapping out your journey. So what are the goals you intend to accomplish with your product creation ventures? The everyday travails of your business may make you forget the end in sight. On the other hand, prepare to entertain new developments that come to your mind in your product creation. Your conception of a product may have started this way, but a few tweaks here and there along with some market research results and it ends up another way. Take it as the result of a creative process, not as a failure to reach your goal. After all, your product creation activities are intertwined with a long-term goal that you should strive to sustain at your utmost: profit generation. So if your less profitable initial idea evolves to a more profitable product, be thankful!

With your product made up already, start doing some aggressive Internet marketing. A product purchase typically comes after more than five times a customer is exposed to an informative call-to-buy message. Thus it is important to get the contact details, like the e-mail address, of potential customers who are on the brink of a sale. Use the results of your market research to determine the demographics to which you should concentrate your marketing efforts.

With consistent product creation, you can make an inventory of your products that you can market in due time. Just keep making products – the moment you succeed in making and marketing a product, customers are surely wanting more from you, so give it to them. Keep them on your side through constant product creation.

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.