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<title>HomeBusinessTips_DRu_187</title>
<description>Home Business The Easy Way - DRu Update</description>
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<item>
<title>Online Business Opportunities</title>
<description><![CDATA[<br />
<br />
By Karl Stadler<br />
<br />
If you are prepared to work hard and take a small risk, then an online business opportunity is waiting for you. Discover for yourself the possibility of creating additional income online.<br />
<br />
You are reading this article because it just might be possible for you to make money online, or you might be considering a home based business. Either way, you came to the right place.  If you are new to the subject of earning income online, read on and I will show you the basics of being successful on the internet.<br />
<br />
I have felt the sting of starting up an online home based business. I know the pain of failure, but now I know the feeling of success. It required testing numerous opportunities, spending quite a few dollars, nearly throwing in the towel and returning to the day-to-day grind of nine to five, just before success came knocking on the door. I am glad I opened that door and pushed harder.  The first thing to remember to be in the position to create a six-figure income online from your home is ‘too many secrets are not really secrets anyway’.  There are opportunities for everyone.  Creating an online income is not just for a ‘select few’.<br />
<br />
You can make a very nice income the moment your online business takes off, but to start you need to be realistic in your approach.  Allow time for yourself and allocate time for your business. At the beginning, it will take hard work and commitment from you, but when it starts to pay off, it pays handsomely. If you are faint hearted or looking for a get rich quick scheme, then a trip to the casino might be a much better idea than an online home business.<br />
<br />
There are many opportunities on the internet for you to create your own business. The challenge, however, is finding the right online business opportunity. You are looking for an opportunity that is legitimate, profitable, easy to start up and just as easy to run and maintain.<br />
<br />
Some of the best opportunities to make money online are becoming available as the internet expands globally. This is evident for searches that the major search engines are handling every day. With this growth, more and more people are eager to explore the new possibilities to supplement their income or create a full time income enabling them to quit their nine to five jobs.<br />
<br />
The opportunities are just waiting to be taken by anyone willing to take a small risk and do a little hard work. The people who are making it are just regular people like you with a dream to create a better life for themselves and their families.<br />
<br />
There are different models of online businesses and then there are the ones that work. Most of the internet sales are downloadable information products, information that people need every day. To the online business owner this means no stock and immediate delivery to the client and money in your bank account.<br />
<br />
You do not even need your own product.  Most of the online business owners are selling products as affiliates Business Management Articles.  It is just a matter of learning and applying the basics.<br />
<br />
The great news is that there are legitimate business opportunities available for you. Starting your own online business can be the best life choice you will ever make.<br />
<br />
Explore legitimate work from home businesses.  It might be the right opportunity for you to make your dreams come true online. Click on the link now to find out how you can start today. http://www.viralbiz.net/jobs.php .<br />
<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
</item>

<item>
<title>Million Dollar Idea Maker.</title>
<description><![CDATA[<br />
<br />
By Gary Durkin<br />
<br />
(c) Copyright 2005 - All Rights Reserved worldwide.<br />
<br />
We have all seen some fantastic products, services or systems, which are incredibly hot profitable money-spinners, and many of us have often wished we had thought of it first.<br />
<br />
However, just where do the ideas come from? How do the creators come up with the products and concepts?<br />
<br />
Surely, it is based on massive research and development, huge capital investment, public scrutiny, market assessment -for starters.<br />
<br />
WRONG! While the above may be true of some products, services, systems, ideas, and so on, the absolute best do not involve such in-depth planning - far from it.<br />
<br />
Let me reveal to you the secret of how some of the hottest, biggest, and best, ideas are conceived, and how some of the most successful ever product ideas, were positively the simplest.<br />
<br />
Do not get me wrong, product testing and market analysis is still very important, but completely pointless until you have clambered over the initial hurdle of 'thinking up' a product.<br />
<br />
Let us look at a couple of brilliant examples of a product, which is a worldwide name and multi-million dollar profit centers,<br />
<br />
First, everyone knows about Duracell Batteries. How they came from nowhere, and trounced the competition, virtually overnight.<br />
<br />
Was it because their batteries were better than the competition? No, not really; not in general terms. The marketing people behind Duracell came up with not one, but TWO pieces of absolute sales and marketing brilliance.<br />
<br />
First, they looked at the competition, the market place, the mode and method of battery sales then compared their product side-by-side with other leading batteries. It seemed their battery was just as good as the rest, or at least as good as the market leader.<br />
<br />
In the marketing world, trying to sell a product based on "It's just as good as the rest" - does not really work.<br />
<br />
They needed an EDGE.<br />
<br />
During comparative product testing, it revealed the Duracell was in fact, better than the leading battery, in a particular way. They had discovered that Duracell batteries lasted longer, much longer than the others... during 'continuous use'.<br />
EUREKA! That was it! They had found their edge, the marketing angle, the secret weapon.<br />
<br />
So now, we all know that .... "Duracell lasts longer any other battery during continuous use "...<br />
<br />
They had found a NICHE in the battery market... 'Continuous use'.<br />
<br />
Why is this so important? Simple, most people who use products which require batteries, seldom actually use the product (and therefore the battery) for long periods, i.e. continuous use - but rather use them in shorter, regular periods - like flash-lights, electric door-bells etc.<br />
<br />
That was of little importance - they marketed heavily on the 'lasts longer' concept - with the funky little Duracell Bunny going on, and on, and on... and on...<br />
<br />
Duracell was misleading no one - they were completely truthful in their advertising, and with it, became a virtual household name overnight.<br />
<br />
HOWEVER - they also wanted a second scoop of the market, and devised yet another unbelievably simple, but very effective concept... of gigantic proportions. What was it? Sell the batteries in PACKS! Simple and Brilliant!<br />
<br />
Many readers may not recall, but before today's multi-packs, batteries sold loosely, separately, and individually.     If you wanted just one - you went to the local store, and purchased just a single battery.<br />
<br />
Now, Duracell decided to sell in multi-packs. It was the only way to buy their new batteries. No singles, period! Instead of selling one at a time, they sold FOUR at a time. Battery for battery, against the competition, they blew them away.<br />
<br />
The multi-packs have another great result. Some products, which require batteries, needed perhaps just one, or maybe three batteries, leaving an odd number of batteries left in the pack for future use. Next time the consumer needed to replace the used batteries in the product, they went to the drawer, and noticed perhaps there were 'some' Duracell batteries left, but not enough. Therefore, the consumer had to purchase more, and if they had already looked at Duracell's, and had some Duracell's left to use up, what are they likely to buy?<br />
<br />
You get the idea.<br />
<br />
This is a perfect example of taking something which already exists, and remodeling it, re-branding it, re-marketing it, finding a niche for it - and away you go.<br />
<br />
Look at the music industry. It is rife with similar concepts, which make millions. Bands, groups, singers, performers.... often do 'cover versions' - that is they will copy a song or track previously done by another artist.<br />
<br />
Sometimes music is a 'fusion' - a mix of existing styles, but blended together to create something new. What about the concept of 'sampling' for example; you take a beat, rift, chord, chorus, few lines, track, from another artist, and remix it to create something different. <br />
<br />
All they have done is to use something that already exists, make a few changes, amendments, alterations, improvements - and RESELL IT.<br />
<br />
Unless you can reinvent the wheel, or perfect 'cold fusion' - the World is jam packed full of existing markets, products, systems, services, concepts, ideas and customers - all of which can be used as your drawing board to get started.<br />
<br />
First, where do you locate great concepts?<br />
<br />
Look around. What do you like? What do you dislike? Can you take a hot product and improve it? Can you take a mediocre product and develop it? Can you take a useless product, and turn it in something better? Listen to what others say.<br />
<br />
Can you re-package something, bundle it, deliver it differently, and Re-brand it? Find a different, untapped market for a product, which already exists, and must focus on a different customer-base.<br />
<br />
Can you add more value, more options, better support, or service?<br />
<br />
Do you use a product and think to yourself.... "Wow.... That's great... but if only it did this too...."<br />
<br />
Here are the vital tools and tips which you will need to start you creating your own Million Dollar Ideas.<br />
<br />
1. Your Eyes - seems obvious, but always be aware and on the 'look-out'.<br />
2. Your Ears - keep them open, listen to people, those around you, what they say about products, especially the things they dislike, as this could be a great start for you, if you can remove the problem with an existing product, you may just have a seller.<br />
3. Your Mind- keep this open, too, and try to think 'laterally'.<br />
4. A notebook and a pen / pencil (write your ideas down - do not forget them!)<br />
5. Go back to number 3 and remember to do this!<br />
6. A 'sounding board' - a way of discussing your ideas with a few trusted others.<br />
7. Patience- it may take a little time, the best ideas do not necessarily come instantly -stick with it.<br />
8. Don't get down heartened.  If some of your ideas do not pan out, just start again.<br />
9. Don't' spend too much time over ideas. Give yourself 60 seconds (no more) to think of a product, service, and system, etc., Then Stop. Then spend 9 minutes writing down as much as you can, all the pros and cons of the 'idea', how it can be improved, simplified, delivered - just write as much as you can in those 9 minutes. Then STOP. Take a break. A good break. In fact, put your notes away until the next day. Then review them.<br />
<br />
When you do finally come up with a hot idea for a product, service, system etc., do not tell the World until you have taken a few steps to protect yourself! Get advice from experts - Lawyers, Business Professionals, Patents, and Copyrights... It is important to get these rights, or else someone may steal your idea, register it first, and make HIS/HER fortune from YOU!<br />
<br />
That leads me on to the last area. Do not outright steal someone else's idea, product, etc. Breach of Copyright can be serious, Patents are relatively easy to register, but a little care is necessary. - Plagiarism is just downright nasty!<br />
<br />
In summary, you find Million Dollar Ideas in TWO PLACES:<br />
<br />
1. Everywhere in the outside world, and<br />
2. Inside YOU.<br />
<br />
It is just a case of putting them together. Some of the best ideas really are the simplest.<br />
<br />
An article by Gary Durkin, Founder of the Internet Advice Center(r) http://www.InternetAdviceCenter.comGary has more than a decade of offline international business success behind him - each day controlling millions of dollars of investments world-wide, and has been doing business online for 6 years. (c) Copyright 2005 - All Rights Reserved worldwide. You are free to distribute this article, providing it remains unchanged and with the resource / bio box attached.<br />
<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>Why Web Video Is Crucial For Blogs</title>
<description><![CDATA[by Peter C. Johnson<br />
<br />
The popularity of web video on blogs has soared over the past year, and there is good reason why. Some may ask why web video is so popular on blogs, and there are many answers to that question. First, the purpose of a blog is to share information with others. The majority of computer users are usually literate; however this is not always the case. Web video will provide an opportunity to hook their attention and give them a grasp of the concept without having to understand a word. Second, there are a lot of internet users who are simply too busy to read a website’s information- web video creates the opportunity to hook their attention which may have otherwise been lost on your wording of the blog/website.<br />
<br />
For many people reading blogs or websites is something they do while doing something else- take the example of an office worker who is working but flicking back and forward between your blog. Whether the individual is just doing other things on the computer, or they are actually away from the computer but watching the video as if it were television, the individual that is doing the viewing is able to multi-task in a way that they would have been unable to do without the video on the blog. This simply helps to smooth out a person’s life so that they can do other things at the same time, should the individual be in a hurry or want to multi-task. You are creating the opportunity to reach more potential viewers and customers!<br />
<br />
Not everyone who is reading your blog will have the attention span to absorb the information you want them to, nor will they be able to absorb it in a timeframe that they want to. When an individual is not able to read something quickly, they may not be as inclined to work on reading a blog that they may otherwise be interested in reading. In order to make up for this, many people will post web videos on their blog sites in order to capture the attention of an individual that may be either viewing the videos on the blog or reading the blog itself. If a person sees a web video that they are interested in, they may be more likely to read the blog or website that coincides with it, even if they struggle with reading- all because they enjoyed your video content. A Blog without web video would be neglecting such potential viewers/customers.<br />
<br />
Now that you have decided to incorporate web video into your blog, the next logical step is to submit your video to Youtube as well. This will drive traffic and interest to your Blog based solely on the video you are displaying on your blog. The way it works is that when you submit your video to Youtube you include a list of tags- which is the same thing as keywords. When users type in these keywords, depending on the relevancem, your video will show up. This means that you have a captive audience interested in the material in your web video, which if they choose to visit your blog or website, will more likely result in a sale or positive traffic flow. So, join Youtube today and follow the steps to upload the video you are displaying on your Blog.<br />
<br />
The next step is to drive search engine traffic directly to your Youtube video. I believe the best way to do this is via social bookmarking. Join Onlywire.com and submit the address of your Youtube video to all the popular social bookmarking directories. Again you can include tags which will drive traffic to your video based on the key search terms in relation your Blog web video. This will essentially cast a ‘web’ of links on social bookmarking directories to your video. Onlywire is a fantastic website that will allow you to drive free traffic to all your Blogs and Websites.<br />
<br />
We live in a fast paced lifestyle, and people expect to be entertained and engaged immediately. Utilizing web video software on your blog will only increase your chances of attention and potential sales if that is what you seek to achieve via your blog.<br />
<br />
Want an easy way to put Web Video on your Blog or Website? Please visit: <a href="http://www.easywebvideosoftware.com" target="_blank">http://www.easywebvideosoftware.com</a>.]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>Using Forums to Get Back Links</title>
<description><![CDATA[by Sean R Mize<br />
<br />
With the present trend in marketing and online business, competition to get the a higher and better ranking is getting stiffer and a lot more complex.  In order to attain the best traffic on the net, a lot of marketers and businessmen are engaging into so many highly tremendous methods of marketing.  One of the most sought-after marketing tools that many are trying to experiment on is the search engine optimization, particularly the off page optimization process.  You may be asking, why search engine optimization?  What features does off page optimization have to be considered as one of the most sought-after marketing tools?  Well, the answer to that is very basic and fundamental - traffic driven by back links.<br />
<br />
Back links are the most essential means of generating traffic on a site nowadays.  A lot of marketers and business people have seen the strong potential of off page optimization to obtain successfully numerous quality back links on a site more than its contemporaries.  Back links are link addresses that you are able to generate from sites that wish to start a connection with your site.  Usually, this happens under the method of SEO that requires it to be done outside the main content of the site - thus, off page optimization.<br />
<br />
One of the best ways to get back links is through the use of the forum.  If you are able to publish your message on the forum sites where you are a member, you are given the opportunity to include on the message some of your relevant information such as the company name which you represent, as well as a bit of personal information such as your name and your e-mail address.  You will be given this opportunity when forum masters see your contribution to the forum site as something that is indispensable.  In order to continue getting such opportunity, you continue to submit postings that contain relevancy and pertinence.<br />
<br />
As additional information, if you are serious about generating more back links from forum sites, engage yourself into more than one forum site and allot time for each individual site.  In that case, you have far better opportunity to gain mileage with considerably more net users.<br />
<br />
Do you want to learn more about how I do it? I have just completed my brand new guide to forum traffic success, 'Secrets of Generating Traffic With Forums'<br />
<br />
Download it free here: <a href="http://www.secrets-of-internet-success.com/2ezforums.html" target="_blank">http://www.secrets-of-internet-success.com/2ezforums.html</a> Traffic Generation With Forums<br />
<br />
Sean Mize is a full-time internet marketer who has written over 1,574 articles in print and 11 published ebooks.]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>Viral Marketing - Impacting Established Brands</title>
<description><![CDATA[<br />
<br />
By Paul Grant<br />
<br />
In a rapidly changing technological landscape, some high profile brands are facing the challenging decision to embrace 'viral' marketing campaigns. As there can be no assurances with each viral project, executives do not have the 'usual' facts and figures to make a well-informed and substantiated decision.<br />
<br />
By its very nature, a viral project is unlike anything that has been done before.<br />
<br />
This means there is no formula, no statistics, nor guarantees. Results can only be proven retrospectively. It can be too late for those results to have any extra meaning than the knowledge that viral marketing works in principle. The most successful new media viral campaigns would not be able to generate the same results if replicated by another company wanting to emulate that same success.<br />
<br />
Viral marketing is a high risk, high gain means of marketing. It is changing all the time. There are no experts who can accurately predict how the marketplace will respond. Fortunately, the cost is not measured in financial terms, but only in the way, the public perceives the brand. Get it right and a brand can suddenly become very prominent in secondary media articles and traditional media. Get it wrong and it affects the brand's reputation negatively. Sometimes this secondary (and free) publicity ends up impacting the campaign more than the viral content itself.<br />
<br />
Large, slower moving corporations are being startled into responding to these changes. Smaller and more progressive companies are challenging the old stalwarts of business by using whatever viral means necessary to establish greater market share.<br />
<br />
Often the biggest, most well respected brands are unfamiliar to this radical and non-traditional approach to marketing. It took many years to establish an expensive, rigorously consistent, and highly polished corporate identity. Their company identity may have evolved over several decades. For such a company to consider the idea of diluting the brand into something generic, cheap, gossipy, comic, populist, or otherwise remarkable to the masses; raises red flags and executive concerns. These executives naturally fear losing the 'consistency' of their on-brand message, or the particular 'look and feel' of the brand, as predetermined in their own internal corporate style guides.<br />
<br />
Those corporations taking risks in the way they present their brand by embracing this viral trend are already observing great benefits, with lower costs and higher response rates from their target market. They are perceived by their target demographic as 'cool', 'hip', 'cutting edge', and 'in touch' with a changing world.<br />
<br />
Consider Nike(tm), Adidas(tm), and Pepsi(tm). All three brands have used viral marketing as a mainstay of their digital FIFA World Cup 06 football campaigns.<br />
<br />
The power of viral marketing is people willingly pass it on for free. It means there are no manufacturing, packaging, licensing, or distribution costs. The total cost of ownership includes only the cost involved in creating the initial idea and the actual content.<br />
<br />
How viral marketing works<br />
<br />
In all instances, an initial 'viral' concept must be developed and published either to a website, in an email, as a mobile phone message, or through some new or emerging distribution channel.<br />
<br />
Some of the most effective viral content is quite poor in production quality, often quite controversial, offensive to some; but if successful, will be high in public appeal. This can be an obstacle for some executives who build their brand to maintain the highest production and moral standards in all printed and televised materials.   <br />
<br />
Occasionally the more professional or polished something looks; the less likely the end-user will be to consider the source credibly worth passing on. In some cases, the corporation funding or initiating the viral content will actually distance themselves from the content. They will claim to have no knowledge of how it came to be, nor did they have anything to do with its creation. This is all a public relations angle to improve the chances of the mass market accepting the content as non-intrusive.<br />
<br />
People know, only too well, how annoying it is to receive materials that are not directly known beforehand to be of value to the recipient.<br />
<br />
If, on the other hand, the recipient or user is actually stimulated to respond emotionally to a piece of viral marketing; i.e. anger, disgust, joy, sadness, laughter etc., they will likely want their circle of friends to experience the same thing. It is the 'much-targeted' nature of a 'circle of friends' that makes viral marketing so effective. The old anonymous saying has some merit in this context...<br />
<br />
'Birds of a feather flock together.'<br />
<br />
If a company or brand can make a solid impression on any single individual within a selected group, that person will likely share about it with their 'flock', knowing it will also be of interest to them.<br />
<br />
A viral campaign could end up affecting several million highly targeted consumers, which to achieve using traditional media would potentially cost as many Dollars, Pounds, or Euros, as the amount of consumers reached. Generating a return on investment using traditional media has a greatly reduced profit margin in comparison to the miniscule investment involved in initially creating a piece of viral marketing.<br />
<br />
The importance of embracing viral marketing<br />
<br />
Increasing bandwidth is now making possible, for the first times, such things as video on demand, live video, IPTV, and other formats of rich media interactivity. Those companies harnessing these trends in a creative and viral way are finding themselves to be moving ahead of competitors who previously held the greatest market share by spending large sums of money in the traditional media.<br />
<br />
The success of a viral marketing campaign can only really be measured in terms of how many people visit or view a viral site, or how many times an email has been read and so on. In some cases, it may also be possible to measure click-through conversion via a call to action, although this level of transparency can often also become an obstacle to the tool becoming viral in an epidemic way.<br />
<br />
Currently, there is very little hard statistics that demonstrates conclusively that viral marketing makes a difference to the bottom line. There is no doubt that this type of content is being seen by millions of people. Much like television advertising, it is not always clear whether people are buying product because of the advert or in response to a variety of brand promotions across multiple platforms.<br />
<br />
Those large corporations struggling to resolve whether to embrace the idea of viral marketing now have the advantage. They can learn from some of the world's largest and best-known brands. As these brands have been forced to change their understanding of marketing on a day-by-day basis, so too will all companies wanting to compete in tomorrow's world. In the coming years, many more companies with traditional established brands will need to concede; the concepts of marketing are changing right now and very quickly at that.<br />
<br />
By apparently diluting their brand in order to create generic viral content, these companies can in fact capture the interest of the next generation of media users, thereby building a massive community of loyal customers that not only buy but also recommend their products and services.<br />
<br />
Paul Grant is a convergence evangelist and digital media strategist, having spent eleven years managing and implementing rich media projects. He is now a partner of London-based consultancy Interactive Strategy Ltd (http://www.interactivestrategy.tv).<br />
<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>About Photo Mosaics</title>
<description><![CDATA[by Douglas Stillson<br />
<br />
Have you ever seen a commercial or advertisement that had a bunch of tiny images compiled to make up one big picture? This big picture is made up of hundreds and thousands of little pictures normally in the size of a small square. This composition is called a photo mosaic. They are not just used for commercials and banners, but they can be made for your personal use as well.<br />
<br />
You know all those family pictures that you have dating back 12 years ago? You can take those and have them made into a photo mosaic. Even better, there is tons of software available to the general public so that you can make your own photo mosaics without having to pay someone to make a photo mosaic for you. Photo Mosaics can make great pictures to hang up around your house. They can also make wonderful gifts for your friends and family members. Not too long ago, photo mosaics were so expensive that the normal everyday person could not afford it, but luckily this has been changed due to the improvement in technology.<br />
<br />
If you do decide to send your photos to someone to make your photo mosaic online, you should beware as you don’t know who is on the other side of the computer. If you just searched and chose someone, it could be a scam, so be sure to research everything because you don’t want to spend money on something that is not going to look right, or-- worse yet-- end up paying for something you never receive at all. Scammers often just take your credit card number and run, so look closely at the refunds and agreement terms on their websites, and if you don’t like the terms, then steer clear of that company.<br />
<br />
Written by Douglas Stillson. Find the latest information on photo mosaics at <a href="http://www.designamosaic.com/" target="_blank">http://www.designamosaic.com/</a>.]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<title>How to Add Value to Your Web Site and Profit Online With Affiliate Programs</title>
<description><![CDATA[by Makabongwe Maseko<br />
<br />
Most people don't know how to make money with their websites or blogs, and if they do, they don't make a large percentage of sales from the from the visitors they do get.  The result?  Less profit after all the hard work invested in promoting their websites.<br />
<br />
For those of you who don't know where to start or how to make money online, I've supplied a basement for you to find an affiliate product to promote and a proven method to make sales and avoid wasting more of your precious time trying to find that surefire way to make money online.<br />
<br />
How To Add Value To Your Site With Affiliate Programs<br />
<br />
Affiliate programs are a great way to add revenue to your website or blog. Even if you have an information site that does not sell a tangible product, you can make recommendations to affiliate programs and get revenue. Affiliate programs also add value to your site by offering additional resources to your visitors.<br />
Joining an affiliate program is very quick and easy and you can get approved immediately. Most affiliate programs offer banners, tools and support to help you market their products and services. When you are approved you will get a personal identification number or code so your sales can be tracked and commissions awarded to you.<br />
<br />
You can find almost any type of product to promote as an affiliate marketer. Online programs have a track record of being successful and have become popular with the webmaster community and hardcore wealth-builders.<br />
<br />
Profiting As An Affiliate Marketer<br />
<br />
You may be wondering where you can find a good affiliate program to promote. There are hundreds of online opportunities you can find if you do an internet search for "affiliate programs". You may know by now that the affiliate programs listed on the first page of your search results are well-established and popular, so you may want to start off by joining one of these. <br />
<br />
To make (and maximize) profits, you will definitely need to capture the email addresses of your site's visitors who are interested in the affiliate program you promote. Why? Site visitors most often won't buy the first time they are introduced to a product. Do you usually buy a product the first time it is introduced to you? By capturing your visitors' email addresses, you can remind your customers about the product you offered as well as offering more products to them in the future. With time, you will develop a large email list of people who are interested in your product.  As your list grows, so can your profits-- email lists can be sold to others who offer products like yours.  Since these lists practically build themselves, ever dime you make through sales of that list will be 100% profit!  The larger the list, the higher the value, and this means only more profits for you.<br />
<br />
Knowing which affiliate product to promote and how to promote it does take a little bit of practice. Try promoting different products in various niche markets and track which products seem to make the most sales for you. This is where email capturing really comes at hand because you can now sell that good seller product your email list. But do keep track of customers you have offered the product so you don't offer the same product again.<br />
<br />
Get more information and tips on money matters by visitng the Money Issues Information Guide at <a href="http://money-issues.information-guide.org/" target="_blank">http://money-issues.information-guide.org/</a>. Don't forget to bookmark the blog for future reference!]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>Who's Your Guru?</title>
<description><![CDATA[<br />
<br />
by Jeff Mulligan<br />
<br />
The other day, I was talking to a guy at the health club I just joined. (Never had time when I was working for someone else.)<br />
<br />
We started talking about our personal trainers. If you aren't familiar with the term, these are fitness experts who are educated to design work-out routines based on an individuals strengths, needs and goals.<br />
<br />
Anyway, Rick said something that struck me right between the eyes. "I got so confused reading all the books and fitness magazines. Everyone has a different opinion of what works the best. I finally figured if I was going to work out, I might as well pick one expert, listen to them and follow their program."<br />
<br />
Later, as I was driving my sore body home, I thought about how appropriate Rick's comment was to Internet Marketing.<br />
<br />
Everyone's an expert. (Even people who have yet to sell their first eBook.) And there are a million programs, books, secrets, techniques and tactics that will work for you.<br />
<br />
The problem is, you can easily fall into what my favorite business school professor called, "Analysis Paralysis".<br />
<br />
That's where a lot of people are stuck.<br />
<br />
They keep reading, and it gets in the way of actually doing something.<br />
<br />
***** I was guilty *****<br />
<br />
I was guilty of this, too. I must have bought several hundred dollars worth of books and courses before I found what worked for me.<br />
<br />
Fortunately, the expert I decided to follow was, in hindsight, an excellent choice. And by following his advice and listening to his ideas, I have built up a couple of successful income streams.<br />
<br />
My point isn't that my "guru" is the right one for everyone.<br />
<br />
The point is to pick one or maybe a couple of people you really respect, and model them. Of course, make sure they are actually successful in their own businesses first.<br />
<br />
But, when you find someone you respect and whose style you like, listen to their advice and follow what they recommend in their writings.<br />
<br />
***** Save Your Brain *****<br />
<br />
Following this strategy can save lots of brain cells that you would spend switching strategies and tactics. It avoids confusion and gives you a good point of reference from which to work.<br />
<br />
You don't have to keep reading and searching for the latest eBooks. Assume your guru knows the latest tactics and will advise you of how well they work.<br />
<br />
I'm not saying you never look at another eBook or eZine again, but, when you have one primary star you follow, it's that much easier to find your way.<br />
<br />
Jeff Mulligan has an MBA and 20+ years of marketing experience as an ad agency Senior VP and VP Marketing for two software companies. Jeff owns CBmall, a site that provides 15 different ways for ClickBank affiliates to earn income on 1,997 ClickBank InfoProducts. http://www.myownmegamall.com .<br />
<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>Using Web Directories as a Link Building Tool</title>
<description><![CDATA[<br />
<br />
By SeoAmitPatel<br />
<br />
Even in this era of technological breakthroughs, many website owners have a wrong idea about web directories. They think these web directories are simply a way to gain a one-way incoming link. Inclusion in the different web directories is seldom perceived as more than a one-time entry event. The aim, be listed, and obtain the inbound link, for better or for worse. Traffic from some mainstream directories is almost always low and rarely seen as part of the equation. The dormant capability of the directory listings as a source of potential link partners not considered as a strategy at all, which is not a wise move.<br />
<br />
In reality, web directories have far more possibilities concealed within their listings than it is generally believed. Many webmasters and search engine optimization experts ignore the less obvious value residing in the numerous categories.<br />
<br />
By looking beyond the single link and searching abilities of a web directory, a website owner can have unrestricted access to innumerable potential link partners, waiting to be added. These partners you will find, without much effort, in the major internet directories and in the copious niche directory listings.<br />
<br />
Not all web directories are adept in searching for links. The DMOZ (also known as the Open Directory Project), The Google Directory, and The Yahoo! Directory are the directories, which one should use in order to carry out link research tasks.<br />
<br />
It will not be an exaggeration to compare the web directories to a gold mine of linking partners if one can get the full potential out of appropriate strategies. Any enterprising and prospecting webmaster can successfully use the web directories as an effective link building tool. It is expected that the readers will now be able to avail this opportunity after reading this article.<br />
<br />
The Author SeoAmitPatel is a SEO Expert who owns a SEO Company http://www.theseoworld.com and which is working a major SEO Project http://www.gii.in<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>The Top 10 Ultra-Low Risk Marketing Methods Guaranteed to Squeeze More Profit Out of Your Business</title>
<description><![CDATA[<br />
<br />
By Paul Speziale<br />
<br />
You can do many things to cut your costs and lower the risks when you market your business. Your marketing does not have to be the bottomless pit of your hard-earned money. Your marketing should give you a return on your investment. Follow these top 10 tips and start increasing your bottom line today.<br />
<br />
1. Use Only Direct Marketing<br />
<br />
Cost: Cost of Direct Marketing Education, Upside Potential: Unlimited<br />
<br />
Direct marketing is marketing that is testable and therefore accountable for your money. Put a code on all your ads, coupons etc. so you know where they come from and can measure the response. Then you can use spreadsheets to calculate exactly what you need to be profitable. It is vital to crunch the numbers to see if a particular marketing idea you have makes business sense.<br />
<br />
2. Find a Product That Fits the Market<br />
<br />
Cost: Cost of product/service development, Upside Potential: Unlimited<br />
<br />
Ninety-five percent of people out there develop the product first then find a market for it. That is a lot of wasted time and effort. Take the road less traveled and look for different ways to market something that is already hot, drastically reducing your risk of failure.<br />
<br />
3. Test Everything<br />
<br />
Cost: Marginal, Upside Potential: Unlimited<br />
<br />
Now that you are using direct marketing, test everything. Test your offers, headlines (of your ads), messages, lists, mediums (newspapers, magazines, internet etc.). Most marketing is a few words away from being profitable and you will never know that unless you test.<br />
<br />
4. Use Google Ad-words and the Internet.<br />
<br />
Cost: Marginal (with daily budget), Upside Potential: Unlimited<br />
<br />
Never before in the history of marketing has there ever been a more low-cost, low-risk and accurate way to test your marketing message. You can test different advertisements, different keywords, different web pages and different locations. You can sit in your office in Iceland and test your advertisement in a four-block radius around Trump World Tower in Manhattan.<br />
<br />
5. Change the Way you Speak and Write,<br />
<br />
Cost: Free, Upside Potential: Unlimited<br />
<br />
Words offer the highest leverage possible. One word, "cost" creates a negative emotion in your prospects mind as they think of their hard-earned money leaving their pocket. Change the word to "invest" and they now think that they can earn more money from the money they give you. Look over the words you use in your business (ads, sales, flyers etc.) to see if they may cause negative emotions in your customers<br />
<br />
6. Optimize Your Referral Program<br />
<br />
Cost: Marginal, Upside Potential: Unlimited<br />
<br />
Referral programs are your highest leverage marketing system out there. Take the time to put in an actual program and not wait until your clients think about it. Of course, that all presupposes that you under promise and over deliver...that always gets them telling their neighbors about you.<br />
<br />
7. Up sell and Cross sell<br />
<br />
Cost: Free, Upside Potential: Up to 50% more sales<br />
<br />
Earn 10%-40% more on average with these handy devices. Some people, when they have made the commitment to buy, will buy more when reminded that they can. Do not be pushy about it. Check out godaddy.com, they are relentless with up sells and cross sells. Try to buy a domain and get your way to the end without spending another dime...just try it...<br />
<br />
8. Use Bounce Backs<br />
<br />
Cost: Cost of paper and ink, Upside Potential: Up to 50% more sales<br />
<br />
With every purchase or order, include an offering for another product/service. You have already spent the money on the shipment or transaction. This is another form of low-pressure upsells /cross sells, but costs you only the cost of the paper and ink you used.<br />
<br />
9. Use Sunk Costs More Creatively<br />
<br />
Cost: Free, Upside Potential: Limitless<br />
<br />
Do you have a voicemail system? Why play music, when you can give educational messages (that are interesting) about your products/services? Do you have invoices? Write some text about referrals or specials of the day. Do you have slow times? Hold a tele-seminar or actual seminar to educate and attract more business.<br />
<br />
10. Increase Your Prices<br />
<br />
Cost: Free, Upside Potential: Whatever you set your new price to be<br />
<br />
Last but not least...The simplest method of them all. Increase your prices! Lots of businesses I talk to are afraid to do this and they will not do it. You do not have to increase them 200% (even though I know a case where a retailer did this and they did actually sell out their entire stock), but just do it 2-5% on select items. No one will notice. In addition, that's all profit for you. You are doing a disservice to your own bottom line by not charging what the market will bear. You would be surprised to learn how much people would value something. If they do not like the increase, try adding some educational information tool with it...now you are justified.<br />
<br />
Paul Speziale is a direct marketing consultant / entrepreneur based out of Toronto, Ontario. He has served all industries from manufacturers to retailers, from entrepreneurs to professionals. Besides helping clients, he is working on his own projects. He also volunteers his time for several worthy causes both local and global. You can reach him at http://www.AnelloSolutions.com: Growing Your Business Through Low-Risk, Optimized and Results Based Marketing.<br />
<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>Getting the Most Return from Your Sales Time Investment (ROI)</title>
<description><![CDATA[<br />
<br />
By Joe Leech<br />
<br />
Let's face it: you&rsquo;re probably working for far less than you need to. The sad thing is you may not even be aware of it or the options that are available!  We're going to change that for you, and share, not only a thought, but also a vehicle that can change your financial life.<br />
<br />
We&rsquo;re going to show you how to get so much more out of your sales time investment.<br />
<br />
This may apply more to the part time, home based business person than the professional...but we have seen, met, and talked with professionals who really are under- valuing their return on time investment.  The phrase &ldquo;time investment&rdquo; is used repeatedly, but you MUST consider it just as important as you value cash or a money investment.<br />
<br />
It is even more important because once spent or invested, you can never get that particular moment or minute back. It's gone! You can always invest more money, but you only have so much irreplaceable time.  Your sales time investment is one of the most precious investments you can ever make.<br />
<br />
As we look at business models, we find on one end, the model that proposes high volume but low profit per sale.<br />
<br />
Wal-Mart has certainly shown this model works.  Many, many supermarkets work this same way.  If you have the ability to create large volumes of sales, it will work; the question is, do you?  If you are an individual sales rep, or a small business, just how much of an opportunity do you have in creating large volumes?  The appeal to the small businessperson is to do this by creating some type of a multi-level sales organization, (probably incorrectly referred to as a pyramid); and in the ideal world, &lsquo;IF&rsquo; you can do this, you can create volume.  This could take years to accomplish, and still never guarantee any income or security because: (1) The company behind it could go out of business, be taken over, or any number of things. (2) The pay plan could change. (3) The group suddenly dissolves, particularly if or when a heavy hitter or group leader decides to switch to another business taking his distributors or sales force with him.  Do you make a good sales time investment if you choose this model?<br />
<br />
Of course, you still have the ability to sell the product or service yourself, but (1) can you do the volume, and (2) is the profit per personal sale worth your time?<br />
<br />
The second business model, at the other end of the spectrum, is one that provides a relatively high profit or earning per sale.  Often, in this category, we think of real estate people and car sales people, as well as, sales people of specialized capital equipment, but that's not the majority of us.<br />
<br />
The downside is, if we are thinking about selling a high ticket/high profit item, we have to ask (1) is there a large market and prospect base, and (2) if we are thinking in terms of the ability for a part time person--possibly a &quot;stay at home mom&quot;, can this high ticket, high profit product or service be first mastered in terms of the technology, and is the customer prospect base readily accessible?<br />
<br />
In most cases, the answer to those questions is &quot;no, not available&quot;.  But if it is, or was, then here's a fact that can be virtually carved in stone:<br />
<br />
IT TAKES NO MORE TIME OR SKILLS TO SELL THE HIGH PROFIT PACKAGE THAN IT DOES TO SELL THE MASS PRODUCT WITH ONLY PENNIES OR DIMES IN PROFIT!<br />
<br />
Think about that!  This is ALL relative to your sales time investment.  It's the MOST IMPORTANT investment you have to make.  Ask yourself: &quot;Am I working for pennies or dimes, when instead with the right vehicle I could be working for dollars?&quot;<br />
<br />
If the answer is yes, and this is so true of particularly home based business entrepreneurs who are involved in the sale of nutritional supplements, skin care, fad gadgets, etc., then ask yourself, &quot;Am I doing this because I want to earn a nice income, and do it as quickly as possible... or am I kidding myself about that goal and do I just want to get products wholesale or discounted and have some fun?&quot;<br />
<br />
There is nothing wrong with that, if you have an honest assessment of what you are doing and why.  But...if your goal is $4000 to $5000 a month or more, and you do not want to spend all your waking hours &quot;working your business&quot;, then it is time to change!<br />
<br />
This article is written from the school of hard knocks.  It is one that really had us very emotionally involved with the businesses; rah, rah, rah, recognition pins, etc.&hellip;Amway&hellip;Free Life&hellip;Primerica&hellip;Herbal Life.  Been there, done that!  Made some money?   Yes, but far, far less than in other options.  This represents the part time side of things we did to supplement our &ldquo;real&rdquo; job.  We made some money, but had no security, and worked for far less than we could have been doing.  Plus, we just sold our time for money, no residual income&hellip;that is a subject for another article.<br />
<br />
We hope this has helped you focus your thinking and our resource block will point you to one tool that will let you change your life.<br />
<br />
Joe Leech has been involved in both conventional and home-based businesses for over 40 years. He offers sound advice from his experience and at his website at http://www.wideworldinfo.com/abundant/opty.html he offers a way to do what he writes about.<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>Year-end Health Savings Account Tax Strategies</title>
<description><![CDATA[<br />
<br />
By Wiley Long<br />
<br />
The year 2007 is here.  There are several issues to consider if you currently have a Health Savings Account (HSA), or are planning on getting one in the near future.<br />
<br />
The deposit you place in your HSA is 100% deductible on your federal income taxes.  HSA contributions are tax-deductible on state income taxes, except in four states. If you&rsquo;re looking to reduce your 2006 tax burden and put more money away for retirement, your HSA is the first place to consider putting your money if you have not yet maximized your contribution.<br />
<br />
The maximum that can be contributed to your HSA in 2006 is the lesser amount of your deductible, or $2,700 for single persons, and $5,450 for families. Individuals, who are age 55 or older, may contribute an additional $700. Be aware, the contribution limits are pro-rated, based on the number of complete months during the year in which you have a qualifying HSA health insurance plan.<br />
<br />
The deadline is April 15, (or later if you file for an extension), to make your 2006 contribution. If you do not fully fund your account for the current year, you can&rsquo;t make a &ldquo;catch-up&rdquo; contribution for 2006 after this deadline. However, you can reimburse yourself in later years for qualified expenses incurred in 2006, even if you don&rsquo;t have the funds in your account to reimburse yourself at this time.<br />
<br />
In 2007, the maximum annual HSA contribution will go up to $2,850 for individuals and $5,650 for families. Individuals 55 or older will be allowed to contribute an additional $800.<br />
<br />
It is also important to have your HSA-qualified health coverage in place no later than January 1, to maximize your tax benefit for 2007<br />
<br />
To pay for a medical expense from your HSA, it must be a qualified expense. Some of these qualified expenses include: dental expenses, eyeglasses, chiropractic visits, over-the-counter medications, and sometimes even nutritional supplements.<br />
<br />
Make sure you have an accurate record of your medical expenses for the year. Separate the expenses for which you have reimbursed yourself from your HSA from those that you have paid for out-of-pocket. Keep receipts for all medical expenditures paid from your HSA with your 2006 tax records. Place the &quot;non-reimbursed medical expenses&quot; in a separate file, and keep these receipts with the concurrent year's tax records with the year you decide to reimburse yourself.<br />
<br />
There is a 6% penalty for over-funding your HAS. You have until April 15, 2007 to withdraw excess funds for the 2006 tax year to avoid this penalty. Your HSA administrator may notify you of any over-funding, however, they are under no obligation to do so.  It is your responsibility!   Make sure you check into this if you think your may have over-funded you account.<br />
<br />
The minimum deductibles for HSA-compatible health insurance plans in 2006 were $1,050 for individuals, and $2,100 for families. This amount will increase to $1,100 for individuals, and $2,200 for families in 2007.  If you currently have an HSA-qualified plan with the lowest eligible 2006 deductible, this deductible will automatically go up on January 1 to the new minimum.<br />
<br />
Strategies to Maximize Your Tax Benefits<br />
<br />
There are basically three different strategies you can take to decide how to fund your health savings account:<br />
<br />
1. Put no money in the account, except when you incur a medical expense. This strategy allows you to legally &quot;launder&quot; any money used to pay medical expenses.  By depositing money into your HSA, then immediately withdrawing it to reimburse yourself for medical expenses, you&rsquo;re making all your medical expenses tax-deductible. Use this strategy if you are on a tight budget and need to keep your cash outlay as low as possible.<br />
<br />
2. Fully fund the account, or put in as much as possible, based on your budget. When medical expenses are incurred, take money out of the account to cover your costs.  Then let the rest grow tax-deferred. This strategy will maximize your tax deduction, while making your HSA funds available to pay any non-covered medical expenses before your deductible is met.<br />
<br />
3. Fully fund the account, but pay all medical expenses from a non-HSA account. Reimburse yourself for medical expenses at a later date. This strategy will allow you to maximize your tax deduction, and also allow you to maximize the tax-deferred growth of your HSA. You can reimburse yourself, tax-free, at any time in the future for medical expenses incurred over the ensuing years.<br />
<br />
To maximize the potential growth of your funds, you may want to make your 2007 deposits as early in the year as possible. Any growth in your account is tax-deferred, like an IRA. If possible, plan to make your deposits the first week in January.<br />
<br />
<br />
Wiley Long - President, HSA for America (http://www.health--savings--accounts.com) - The nation's leading independent health insurance firm specializing in Health Savings Plans that works with Health Savings Accounts.<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>Credit Card Fee Increases</title>
<description><![CDATA[<br />
<br />
By: Gary Foreman<br />
<br />
Gwen writes:  &ldquo;What&rsquo;s going on?  This month on two separate credit card statements, there are notices informing us that as of October 1, we may be charged &lsquo;more than two&rsquo; late fees or &lsquo;over the limit&rsquo; fees per month.&rdquo; <br />
<br />
It is estimated that Americans have charged $1.8 trillion in 2005 on the 690 million credit cards outstanding. According to a Government Accountability Office study released in September 2006, 13% of credit card users were assessed over-limit fees and 35% were assessed late fees in 2005. So Gwen has a lot of company.<br />
<br />
Let's try to do three things. First, understand what these fees are. Second, see how fees are changing. Third, what can Gwen do to keep from being hurt?<br />
<br />
Credit cards have always had fees, such as, late payments.  This is understandable.  Other fees came along as credit cards took on new capabilities; cash advances and balance transfer fees. Still others should not seem possible; like over-limit fees. You would think they would not allow you to borrow more than your limit.<br />
<br />
There are also 'penalty interest rates'.  If you're late with a payment or go over your credit limit you could see your rate bumped to 30% or more.<br />
<br />
The 2006 GAO study looked at fees and penalties. It said that not only were fees increasing, but also the credit card companies were doing a lousy job of informing consumers about those fees.<br />
<br />
The credit card companies are obligated to tell you about any fees or penalties and how they're triggered. Some fees, like paying your credit card bill by phone, are sometimes not clearly disclosed. What Gwen received with her statement was a notice of a change in how fees would be charged.  As long as she is notified, they can get by with almost anything.<br />
<br />
Late fees have nearly tripled in the last 11 years. And many cards have adopted a 'universal default clause' that says a late payment on any card will trigger the penalty interest rate.<br />
<br />
Credit card companies say that the higher interest rates and fees are appropriate based on risk factors. If it weren't for the higher fees, they claim that they wouldn't be able to offer credit to riskier consumers.<br />
<br />
In fairness, the GAO's survey found that (at least among 6 of the largest card issuers) 80% of accounts paid interest rates of less than 20%. So the vast majority of card users are not paying penalty rates.<br />
<br />
The study also found that the disclosures were written well above the eighth grade reading level and (surprise!) featured small print. They recommended that the Federal Reserve Board revise rules on credit card disclosures.<br />
<br />
Now that we understand what's going on, we can try to help Gwen avoid problems:<br />
1. Recognize the card issuers get to make most of the rules. Whether those rules are fair or not isn't relevant. The best she can do is to avoid getting hurt by those rules.<br />
2. Get familiar with each account. The only way to know exactly what's allowed is to read and understand the &quot;Card Member Agreement.&quot;  Tough duty, but necessary!<br />
3. Watch out for unexpected fees; like balance transfers or increasing your credit limit.  Know what could trigger fees or penalty rates.<br />
4. Know exactly when your payment is due.  Keep a list of due dates for your credit card accounts.  If you don't get the bill, it is your responsibility to contact the company and still make a timely payment.<br />
5. If possible, the best thing is to join nearly half of the cardholders who paid little or no interest. That's because they do not carry a balance.<br />
6. Obviously, for many people that's not immediately possible. It is important to send in your payment as soon as possible. Being seven days early is better than being one day late.<br />
7. If you find it difficult to get your payment in on time, you might want to authorize the credit card company to automatically debit your checking account for the minimum payment each month. You'll probably pay for the service, but that way the payment can't be late.<br />
8. Talk to your card issuer. If you&rsquo;re due date falls at a bad time of the month, they'll move it.<br />
9. If Gwen is near or over the limit on any card, she should try to shift part of the debt to a different card. Some fees are even being assessed when an account is merely getting too close to the limit. Your best bet is to keep balances to less than half the available credit.<br />
<br />
Although the higher late fees are infuriating, they do minimal damage. The real problem is in the universal default clause. Most credit card accounts now have a universal default clause.<br />
<br />
Suppose your rate went from 15% to 30% on every open credit account. For every $1,000 you owe, an extra $150 interest would be charged each year. So if you're the type of person carrying a $10,000 balance, that one late payment could cost you $1,500 per year. For as long as you have the balance!<br />
<br />
Gwen needs to pay close attention to her credit card accounts. With newer fees and penalty rates in place, it becomes more important to manage your credit. In fact, it's critical to your financial &lsquo;well-being&rsquo;.<br />
<br />
Gary Foreman is a former financial planner who currently edits The Dollar Stretcher website. If you'd like to stretch your day or your dollar visit today! You'll find hundreds of articles to help you &quot;live better...for less&quot;. View their website at: http://www.stretcher.com<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>Choosing The Best System For Managing Your Website Content</title>
<description><![CDATA[<br />
<br />
By Lynette Chandler<br />
<br />
Just when you think you understand the content publishing trend of the day, here comes another one to mess up your plans. If you're frustrated, confused and don't know how to fit everything or if you even should. It's not easy coming up with a web content publishing management strategy. It's something I struggle with from time to time, as well.<br />
<br />
I believe it's a personal choice. All these are just different methods of publishing your content. There are some key questions you might want to consider.<br />
<br />
What is your audience most predisposed to?<br />
<br />
The reason we publish web content is so people will find it, read it, use it, and hopefully generate a sale for your products. It doesn't matter which is the best format but what is best for your audience. Which content format do they respond to most? Are they highly mobile people, always on the road? Do they prefer reading to listening? Are they technically savvy enough to understand how to use an RSS reader? If you don't know, ask them.<br />
<br />
You'll naturally have a hodge-podge of answers.  Sometimes even after asking, the result is not always clear. Overall, written content still triumphs over multimedia for several reasons. People cannot scan an audio or video file. If they want just one piece of information from that hour-long recording, they are forced to find an hour of their time that they may not be willing to give.<br />
<br />
Why are you building that site?<br />
<br />
How do you picture your website? For example, if you start a site answering 'questions about coaching' then a Blog would be an ideal type of publishing to use, and you can easily publish the questions and answers. Blogs are perfect for sites like product reviews; launch updates, deal of the day, news and event reporting and FAQ's. You can always use a Blog and articles as a compliment to existing sites.<br />
<br />
Other sites, especially those built for educating and dispensing information, would be better off with a regular article based site. While you can use a Blog as a content management tool for your articles, a regular website offers much more control when you're trying to optimize each web page individually. True, you can optimize a Blog, however, overall I find it's easier to optimize a website.<br />
<br />
Relevance<br />
<br />
This is where a good long look at your overall business helps. Some people build sites in all kinds of niches, from gadgets to babies. Others find their niche and build upon it by creating different sites related to that niche. Example: the main business is coaching. They have one site on coaching FAQ's, one for coaches, one for life and balance articles for a working mother, and so on. If your business is structured like the latter, it's going to be easier for you to figure out which approach you should opt for.<br />
<br />
This is because all of these sites are working in tandem to support your main business. It doesn't matter which you use, in the end, the focus is on your business, you are promoting your services no matter where people go and you'll reap the rewards. Each of these sites also becomes a network of content. Doing so also means you could keep only one Blog and use it to direct people to new articles, highlight special articles or alert people about a teleseminar call, kind of like a news hub just for your business. Another nice plus to this is, you don't have to build so many Blogs that you&rsquo;re unable to keep up with.<br />
<br />
An example is this page you're on. Some of you are directed here because I mentioned the article on my Blog. Some of you come here from my newsletter, and some from reading the Blog's RSS feed.<br />
<br />
When to pod cast<br />
<br />
There are many benefits to pod casting. It can take up an awful lot of time. It's hard work publishing a show every week or every other week for that matter. So, make sure you can commit that kind of time before doing so. That doesn't mean you can't publish audio your Blog when you have an audio to publish.<br />
<br />
Many people misunderstand pod casts; they look at it like they see radio and magazine, which are totally different things. Fact is, many pod casts are Blogs and vice versa.<br />
<br />
If you think pod casts are just a little too much to handle right now, here's one way you can leverage them without committing yourself to it. Become a guest on someone else's pod cast who&rsquo;s reaching the same niche as you. Pod cast publishers are always looking for great content and people to interview so, fill their need. Why create your own when you can piggyback?<br />
<br />
There are many things to consider, it could go on forever, but given this time slot I'll make it quick and point out a few key areas.<br />
<br />
Some sites are just made for Blogs &ndash; reviews, FAQs, deals, news and updates.<br />
<br />
Look for synergy. I'll usually start off with a regular articles based website. I think you can&rsquo;t go wrong with it. It's the basis of the Internet and will be for a long time; just like books are still in publication today, it's not going anywhere. However, also try to see if an existing Blog can help drive traffic to this site simply by highlighting articles or mentioning certain things about the content.<br />
<br />
Sometimes time itself is of the essence and we just do not have enough of it. If you find this to be true you can still create an influence of a pod cast by being a guest on a show or by contributing recorded segments. You could create an audio of an article that you've already got written so that it doesn't take up much of your time. This could also apply to Blogs. If you find you don't have time to write a Blog, or another Blog, then see if you can be a contributor to a relevant Blog. You could even set up a 'Community Blog' where three or four people will add there posts; so that it is busy without one person having to do all the work.<br />
<br />
Lynette Chandler helps entrepreneurs recognize and apply the power of technology to their marketing. Discover how web conferencing can work for your business today at http://www.webconferencingworks.com.<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>Business/Product Publicity: Market To The Media First</title>
<description><![CDATA[<br />
<br />
By Todd Brabender<br />
<br />
When starting a successful business venture or launching a new product, most entrepreneurs or business owners conduct some type of marketing research to determine the extent of their prospective customer base. When getting the word out to that customer base, many entrepreneurs may turn to the media to help generate a buzz for them. However, as detailed as their marketing research might have been, very few business owners are as meticulous at determining their proper &quot;media market&quot; &ndash; that is, all those media outlets whose editorial profiles are a match to a product/business profile and would be appropriate for generating media exposure and publicity.<br />
<br />
One of my favorite things to do is educate my clients about their &quot;media market.&quot; Consider this, in North America there are more than 75,000 media outlets and almost one million reporters, editors &amp; producers in the entire media market. However, only a small percentage of those may be appropriate and applicable to your business/product. Which ones are they? Unfortunately, too many well-intentioned entrepreneurs are either uninformed or misinformed regarding what it takes to attract media attention for their business. I recently surveyed 100 business owners and entrepreneurs who contacted my business about a publicity/media exposure campaign. Here's what I found:<br />
<br />
11% - &quot;Are Admittedly Media Market Clueless&quot;<br />
19% - &quot;Have Unrealistic Media Market Perceptions&quot;<br />
29% - &quot;Think Local &amp; Large Media Are The ONLY Media&quot;<br />
41% - &quot;Have A Good Grasp On Their Potential Media Market And Its Benefits&quot;<br />
<br />
Here are the descriptions of these categories and the lessons I try to teach those who fall into each category:<br />
--<br />
11% - &quot;Are Admittedly Media Market Clueless&quot; These are the business owners who know their product and market inside and out, BUT they have never thought about launching a publicity/media exposure campaign before now. They know very little about their potential media market or how to generate publicity therein.<br />
<br />
The Lesson: For these types of business owners I recommend asking for help from a smaller PR agency or publicity specialist who is willing to &quot;hand hold&quot; to get the client educated. Research to find one who doesn't mind spending the time to educate you about what should be included in your specific media market and the pitch. Make sure the agency or publicist understands the product/business as well as you do and can in turn educate you about your media market &ndash; one that will be able to benefit your business for years to come.<br />
--<br />
<br />
<br />
<br />
<br />
--<br />
19% - &quot;Have Unrealistic Media Perceptions&quot; These are the business owners who are CONVINCED that EVERY newspaper, consumer interest magazine and TV show will run a feature on their new products when they launch a publicity campaign.<br />
<br />
The Lesson: No product or business, no matter how big or great can be assured media coverage in every outlet in a media market. But you can get coverage in a good number of them given the right media tending. Every media pitch will be weighed against the media outlet's editorial lead-time, its available editorial space, and availability of an editorial staff member to cover your pitch. It is totally up to the discretion of each media outlet as to whether your pitch makes it to the pages or on air. It can be an uphill battle if you target the wrong media with the wrong message. With a little expertise and media market know-how, you can greatly increase the chances generating those media placements.<br />
-- <br />
--<br />
29% - &quot;Think Local &amp; Large Media Are The ONLY Media&quot; These are the ones who think of their media market in two simple terms: LOCAL &amp; LARGE LOCAL, as you might imagine, means the media outlets in their city or surrounding geographic region -- the local newspaper, a regional business magazine or two, a few shows at local radio/TV stations. LARGE, on the other hand, are media outlets like The Wall Street Journal, Newsweek, Good Morning America, Oprah or your other favorite large circulation, trade specific media outlet.<br />
<br />
The Lesson: The reality is local and large are indeed part of your media market, but not the only ones. The best media market opportunities may well be the dozens of other smaller scale papers, magazines, newsletters or TV/radio/cable shows that may generate more customer interest and sales than a placement in the big media might. Because of a lack of media market knowledge, many business owners don't even know these smaller, more targeted media outlets exist. This is where a PR agency or publicity specialist can be integral in your publicity campaign. They know the media market very well and will be able to find those media members who will be the best for generating editorial features on your business or product. They also have great media contacts that can turn one feature into a syndicated story that runs in multiple media outlets nationwide.<br />
-- <br />
--<br />
41% - &quot;Have A Good Grasp On Their Potential Media Market And Its Benefits&quot; These are media-savvy entrepreneurs and business owners who are realistic and knowledgeable about how the media can benefit their business. They know that they have to narrowcast their media pitch to a select segment of the media in order to get coverage that will increase exposure for the business.<br />
<br />
The Lesson: Don't let a PR agency or publicity specialist tell you they will send your pitch to 20,000, 30,000 or 50,000 media outlets. The reality is, of the 8,000 daily &amp; weekly newspapers, 11,000 magazines &amp; newsletters, 15,000 radio/TV/cable stations and 7,000 Internet news sites in North America, only about 25% of those accept press releases from outside their geographic area. They cover only LOCAL issues, businesses and products, and it is a waste of time to target them. The key is researching to discover which media outlets will be receptive to your pitch and knowing how to parlay those media contacts into positive consumer interest features that will educate and entice customers about your product or business.<br />
--<br />
<br />
Just like marketing to find the right customers, one should be equally diligent about finding and pitching the right media market. Bottom line &ndash; whether you have a general interest product that has widespread consumer appeal or a trade specific business with a very narrow customer base, knowing your appropriate media market can mean the difference between product/business publicity and product/business obscurity.<br />
<br />
Copyright (c) 2006 Todd Brabender<br />
<br />
Todd Brabender is the President of Spread The News Public Relations, Inc. His business specializes in generating media exposure and publicity for innovative products, businesses, experts and inventions.<br />
http://www.spreadthenewspr.com<br />
mailto:todd@spreadthenewspr.com<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
</item>

<item>
<title>The Humility Advantage - How Less Ego Creates More Sales</title>
<description><![CDATA[<br />
<br />
By Jeff Mowatt<br />
<br />
See if this applies to you or the team members in your organization: You've been working in your industry for several years. Your responses to requests from customers, prospects and co-workers are fast and accurate. You know your stuff and your product knowledge is one of your greatest strengths. If this is the case, then the bad news is that your extensive knowledge may also be one of your greatest weaknesses. The reason&hellip;you may inadvertently be coming across as being arrogant and insensitive.<br />
<br />
This is not suggesting that you have a &lsquo;holier-than-thou&rsquo; attitude or that you are unfriendly. Because you are quick with your answers and recommendations, others feel you have not really been listening to their needs (even though you have). The greater your expertise, the more likely it is that you are unintentionally rubbing people the wrong way. The good news is that there is an easy way to prevent this misconception that I call The Humility Advantage&copy;.<br />
<br />
Working with over a hundred sales and service teams over the years, I've found there are at least seven key opportunities where a little employee humility pays-off substantially. Here are three that I often share in my Influence with Ease&reg; speeches and seminars.<br />
<br />
1. Mention your Homework<br />
<br />
Several years ago, a couple of branding consultants approached me about enlisting their services. My first thought was these folks knew nothing about my company or my industry, so why should I pay their sizable fees. I only agreed to meet with them because a colleague said they had done good work for his firm.<br />
<br />
When I sat down with the consultants, they did not start asking me lots of questions about my industry and me. (This would have confirmed to me they really didn't know my business world and it would have ended their chances of selling me their services).  By way of preparation, they began the meeting explaining, they'd been chatting with some of my colleagues and customers to find out their impressions of my company's services. Then, they asked if I would like to hear the &lsquo;word-on-the-street&rsquo;. That got my attention! The ensuing conversation led me to engage their services.<br />
<br />
When talking with potential customers, do you begin the conversation by mentioning the homework you've done on their company?  If not, you are missing the opportunity to let them know you are truly interested in them.<br />
<br />
Try commenting on something you saw on their website or read about them in an industry journal, rather than starting a sales conversation by asking about their needs. It's a powerful way to confirm to others that you are knowledgeable without coming across as one who brags. It is one of the first steps in applying the &lsquo;humility advantage&rsquo;.<br />
<br />
2. Confirm your Understanding<br />
<br />
As an audience member participant at one of my live presentations, you may have seen me step off the stage pretending to be a restaurant waiter taking food orders from several audience members.  During this skit, rather than order directly from a menu, each patron has a special request such as, &ldquo;I'll have the salad with the meal.&rdquo; or &ldquo;I'd like to have fruit instead of fries,&rdquo; etc. As the waiter, I don't write anything down, and when I walk away, the patrons assume that there is no way I'm going to get all the orders straight.<br />
<br />
There's the problem!  I may have listened accurately to each request, but the emotions I left with my customers are worry and lack of confidence in my service.<br />
<br />
As an experienced professional in your industry, you may be a great listener, but are you perceived as such? Being regarded as a poor listener is a surefire way to kill a sale or curtail your career. Fortunately, by using a little humility, this is easy to correct. In the waiter demonstration, I redo the same order-taking scenario, except the second time after taking the orders, I say, &ldquo;Let me make sure I've got this straight. You would like yours with fruit instead of fries...&rdquo; (I then confirm everyone's special request accurately).<br />
<br />
Suddenly, the restaurant patrons feel good about the quality of my service. Here's the KEY; I repeat my understanding of their needs with the phrase, &ldquo;Let me make sure I've got this straight.&rdquo; Fact is, I knew I had it straight, but the customer didn't. The catch is, if my ego were running my life I'd never say, &ldquo;Let me make sure I've got this straight.&rdquo; Hence the Humility Advantage.<br />
<br />
Here's one more application:<br />
<br />
3. Ask Permission to Present<br />
<br />
Have you heard the expression that &lsquo;people don't like to be sold-to, but they love to buy&rsquo;? Before you present the benefits of your products or services, remember to ask for permission. When threading these techniques together, sales conversation might start by pointing out the homework you've done on the other person. Then ask about their needs, confirming your understanding with, &ldquo;Let me make sure I've got this straight&hellip;&rdquo;  Later, ask permission to present with, &ldquo;Based on what you've told me, I do have some thoughts. Would you like to hear a couple of options that I think would fit for you?&rdquo;  Once the other person agrees, they will feel less like they are being forced, and more like they are being helped.<br />
<br />
Business strategist and international speaker Jeff Mowatt base this article on the critically acclaimed book, Becoming a Service Icon in 90 Minutes a Month. To obtain your own copy of his book or to inquire about engaging Jeff for your team, visit http://www.jeffmowatt.com or call 1-800-JMowatt (566-9288).<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>How to Boost Your Business With Testimonials</title>
<description><![CDATA[<br />
<br />
By Biba Pedron<br />
<br />
Networking is my favorite, low-cost marketing tool. However, a large number of people often find it a challenge to get results and turn prospects into clients, by networking.<br />
<br />
Here is another very effective marketing tool requiring no skills.  It can be applied to your business immediately, and will help you to gain new clients.<br />
<br />
Simply get testimonials from your current clients!<br />
<br />
Testimonials from satisfied customers are the best way to promote your business. It doesn&rsquo;t cost you a thing. Stop selling; let your clients and raving fans do it for you.<br />
<br />
Contact your best clients, who know and appreciate you and the value your products and services. They will be happy to help you; providing you with testimonials that praise your products and services.<br />
<br />
Be sure to obtain their permission before using their information in your brochure and on your website.<br />
<br />
Use their testimonials on your website. This way your clients will make the sales for you. When people see the results and the benefits your clients reaped from using your products and services, they will want the same results for themselves or their businesses.<br />
<br />
Don&rsquo;t use a testimonial like &ldquo;Mary it was great working with you&rdquo; John S., NY. This is useless.<br />
<br />
Use effective testimonials where your clients mention the benefits of working with you. What was their experience and results in their businesses after they bought your product/service or program? Make sure that you mention their name, website, and eventually their email and phone number. Give your prospects the opportunity to see that there are real people like them, who can be contacted or websites to check out to verify who they are and what they do. The new clientel will probably never contact them to ask about the experience they had with you, but they will feel more comfortable if they can identify themselves with your current clients.<br />
<br />
When it comes to testimonials, I always mention one of my businesses, my French consulting business, www.focusoncareer.com, I don&rsquo;t have to promote it. Because I am working within a specific niche - French solo-entrepreneurs who want to start their own businesses in the US -, and my website has a very rich content providing a great deal of free information, including some very powerful testimonials from clients.  I have at least 3 to 4 people weekly, who contact me for consultation. I don&rsquo;t have to chase them; they just come to me. When I ask them why they decided to contact me, they always mention the testimonials. They say, &ldquo;You did so much for so many people that I imagine you can do the same for me&rdquo;. Because my clients did the sell for me, after the first consultation, 50% decide to work with me immediately. Others may need to talk further or find out a little more about my services and me.<br />
<br />
Have a complete page with all of your testimonials on your brochure or website.<br />
<br />
If you promote a special product or program, insert your testimonials, along with the description and benefits of your program.<br />
<br />
As an example see my program at http://www.powerofnetworkingsecrets.com<br />
<br />
I work with lots of people who are just starting their businesses, so their question is always, &ldquo;But I don&rsquo;t have clients yet. How can I get testimonials?&rdquo; Well, offer to trade your services with a couple of people who really need your services but who perhaps cannot afford them, in exchange for a testimonial. That is a good way to start.<br />
<br />
Don&rsquo;t hesitate to contact your best clients now. Ask them for a testimonial. Make a list of clients you could contact today; those raving fans that enjoyed working with you and for whom your products made a significant impact on their businesses. You will see they will be more than happy to help you in return for what you did for them.<br />
<br />
When asking for testimonials, don&rsquo;t forget to ask for referrals: friends, colleagues, or family who would benefit from your products or programs also.<br />
<br />
Another way to use your testimonials is to prepare a direct mail campaign, and send it to the list of referrals your clients just gave you.<br />
<br />
Don&rsquo;t you think that when the targets see their friends&rsquo; names in your brochure or mailing campaign, they will trust you and be keen to work with you also? You will get a better response to your campaign than advertising in a magazine, where nobody knows you and most readers won&rsquo;t even notice your ad.<br />
<br />
Need more techniques and strategies to boost your business and turn more prospects into clients? Then learn more about &ldquo;The Power of Networking&rdquo;. In this 5 step program, you will find everything you need on how to maximize your networking results.<br />
<br />
You will learn: how to create an outstanding business card &ndash; how to polish an elevator pitch, which will hook your audience so that people will remember you &ndash; how to create a 7 step follow-up system to turn more prospects into clients &ndash; how to use testimonials - how to use your newsletter to promote your products or services without hard selling &ndash; how to create strategic alliances to grow our business faster. For complete details of the program &ldquo;The Power of Networking&rdquo; visit http://www.powerofnetworkingsecrets.com<br />
<br />
(c) 2006 Biba F. P&eacute;dron<br />
<br />
Biba F. P&eacute;dron, also known as The Connection Queen, is a marketing consultant, founder of Biba4Network, that specializes in networking for small business owners in the greater New York area. Biba helps entrepreneurs to maximize their networking results so that they can grow their businesses faster.<br />
<br />
Biba is the author of &ldquo;Start Your Dream Business Today! The Proven 11 Steps to Start and Grow Your Own Business&rdquo;. http://www.startyourdreambusinesstoday.com.<br />
<br />
For more information or to receive free tips like this one, please visit http://www.theconnectionqueen.com<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
</item>

<item>
<title>When to Develop Multiple Streams of Income</title>
<description><![CDATA[<br />
<br />
By Tim Sales<br />
<br />
I've made millions in network marketing, I've made millions through investments, and I've also lost a lot of money too. Profit from my mistakes and learn how to best invest the money you make in your MLM business.<br />
<br />
Network Marketing professionals often ask me how to manage the profits earned from their MLM income.<br />
<br />
Can you make more money by diversifying into investments such as stocks, bonds, real estate, etc., and have your money working for you in other areas besides an MLM business? Or would you make more money by really focusing and investing your money back into your MLM business?<br />
<br />
There are three items to think about when answering this question for yourself.<br />
<br />
A. What else would you do with your time?<br />
<br />
B. What else would you do with your money?<br />
<br />
C. What else would you do with your attention (definition: the ability or power to concentrate mentally)?<br />
<br />
Every investment (stocks, bonds, real estate, your sister's business) requires that you learn about it. Just the learning costs time and attention. It is the using up of your attention that rarely gets factored into the &quot;diversify your money&quot; advice.<br />
<br />
Probably what's most important here is, the greatest amount of money you will ever lose is that amount you will never make because of misuse of A, B, and C from above.<br />
<br />
When listening to a radio talk show 10 years ago, the advice given to me was, &quot;Select the top three stock market sectors based on trends. Put one-third of your investment capital in each. Wait 10 years and you should be wealthy off your passive investments.&quot; I was making about 50 thousand dollars a month above my expenses - so I thought, &quot;Why not?&quot;<br />
<br />
I chose the following sectors: Health Care, Technology, and Telecommunications. After losing about half of my investment, I changed to three different sectors. I look at my portfolio today and I have lost another $11,848.78.<br />
<br />
Don't get me wrong; there have been times I've made over $50,000 dollars in the stock market in a day. Fun! And there have been times I've lost $150,000 dollars in a day. Not fun.<br />
<br />
In addition to that, I've spent an enormous amount of time on my &quot;passive&quot; investments. Many hours (per week) have gone into &quot;pondering&quot; (wasting item C from above) what the stock market is going to do next. Reading newsletters, magazines, newspapers, watching the stock market news and commentaries on TV. Still, my return has been negative.<br />
<br />
The only thing that has remained very stable and predictable is my network marketing income. Had I taken the same amount of money, roughly $500,000 and invested it into promoting my MLM home-based business would I have had a greater return? Yes.<br />
<br />
So what about the &quot;Rich Dad Poor Dad&quot; philosophy of &quot;Buy assets that produce more income?&quot; Or more commonly stated, &quot;Create multiple streams of income?&quot;<br />
<br />
As you may know, I created a prospecting tool based on that philosophy where I explain to prospects how wealth is created by investing in assets. (www.mlmbrilliance.com) So I'm very close to this subject.<br />
<br />
However, if you listen closely to the way I stated it in the online movie, I say, &quot;So what are assets? Well the most obvious ones are: stocks, bonds, real estate...&quot; Then I say, &quot;...education and businesses.&quot; I'm referring to educating yourself about businesses; whether that is your MLM home-based business or your pinball machine business.<br />
<br />
Two common mistakes in making decisions on A, B, and C from above are:<br />
<br />
1. Making decisions based on now vs. decisions based on future. Of course, you need to pay your bills now. They're screaming at you!  Keep in mind what I talk about in Brilliant Compensation - it's not faster, (in the long run), to tie your young son's shoes than teaching him how to do it himself. If you tie his shoes for him, you silence the screaming urgency, but you're still stuck with the job, UNTIL, you teach him to tie his own shoes. When you make financial decisions, make sure you're looking at the long-term. Residual income that can be generated from an MLM business is sweet.<br />
<br />
2. Making decisions based on &quot;could you&quot; instead of what &quot;will you&quot; do with your time, money, or attention.  Example: A guy determines that it's a poor use of his time and attention to mow his own yard, so he hires the boy down the street to cut his grass. Now, what does he do with that extra time (A), and the extra attention (B)? He watches TV. Bad choice. When he was making the decision to hire the lawn boy he thought, &quot;It's a waste of my time to mow the grass when I could be doing more important things like building my MLM business.&quot; Make sure when you free up any of the three resources you use them wisely.<br />
<br />
Summary: My personal opinion is; invest your time, money and attention into KNOWING your MLM home-based business and become really good and profitable at it. Find and study MLM training that is proven and effective, and master it.<br />
<br />
Continually reinvest your profit back into your network marketing business by promoting it more, that&rsquo;s where the high return is. When you have a surplus of income, buy a secure investment like Treasury Bills http://www.publicdebt.treas.gov/of/ofbasics.htm, until you're ready to learn another business FULLY. By business, I'm including all investment activities as well. Then focus your time, money, and attention (from the surplus only) on knowing THAT business.<br />
<br />
From my experience, diversifying my money has done nothing more than dissipated my focus, which has in turn lost a lot of money, time, and attention.<br />
<br />
Tim Sales helps network marketers gain the confidence and skills to be an MLM success. Discover what you must know to become a true network marketing professional. Sign up for his free MLM training newsletter and listen to free training at http://www.brilliantexchange.com.<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>Is Your Sales Letter Too Long Or Just Plain Old Boring?</title>
<description><![CDATA[<br />
<br />
By Stuart Elliott<br />
<br />
Interestingly enough, the majority of people who ask me if their sales letter is too long have missed the boat somewhat.<br />
<br />
Their mind is focused on the length of their sales letter rather than the job the sales letter has to do. When they do that, it is impossible to write in a manner that will convince the reader to take action and buy their product.<br />
<br />
No, your main focus when writing a sales letter must be on the job it has to do and that, in a nutshell, is to convince the reader that he or she needs to buy your product.<br />
<br />
Pay special attention to the word 'need' here. You must focus upon the emotional need of the reader - this could be nothing more than simple 'one-upmanship' over a neighbor instead of a logical need.<br />
<br />
For it is a fact that man&hellip;<br />
<br />
&quot;Buys based upon emotion and justifies that decision with logic.&quot;<br />
<br />
Just think about that statement for a second. When was the last time you bought something based purely upon cold hard logic? Probably never, right? It was your emotions that directed you toward the purchase and the logic that justified it.<br />
<br />
Take a shiny new car as an example. (And by the way, 'shiny new' is a subtle emotional trigger...)<br />
<br />
If you were to look at the purpose of a car through the eyes of cold hard logic, there would be very little reason to buy one with all the latest gizmos that are designed to pamper you. (And cost you more.)<br />
<br />
All a car has to do is get you from A to B safely, dryly and quickly. Given that logical explanation, who has need of a radio, electric windows, self-adjusting vibrating seats, automatic distance sensor for reversing, and so on?<br />
<br />
They don't help you in the primary purpose of getting from A to B, do they? No, rather they serve to pamper you at an emotional level.<br />
<br />
So going back to your sales letter, you need to identify these emotional triggers inside your prospect and write about them in an exciting way that is sure to trigger those emotional needs further.<br />
<br />
If this means that you have to write 30 pages of copy to do so then do it!<br />
<br />
The more you have to write, the better the chances you will have of getting the sale.<br />
<br />
However...<br />
<br />
Don't just go and write thirty pages of waffle or repetition. You should ensure that your pages are full of emotional excitement, not just page after page of boring old features.<br />
<br />
Also, prove how your product has helped others. Social proof in the form of testimonials from other satisfied customers is a powerful addition to your sales copy. They are usually written in a persuasive, emotional way. The testimonial writer has bought your product and it has helped him or her; often, it is all that needs to be added to your copy to convince your reader to buy.<br />
<br />
Going back to the car again...<br />
<br />
Here are a couple of features that will do nothing to add excitement to your sales letter:<br />
<br />
Auto reversing distance sensor...<br />
<br />
It has the latest auto-reversing, distance sensing device.<br />
<br />
&quot;So What?&quot; You say, &quot; What use is that to me?&quot;<br />
<br />
--------------------<br />
<br />
Vibrating Seats:<br />
<br />
The seats vibrate as you drive.<br />
<br />
&quot;Err... Excuse me?&quot; You think, &quot; Why do I need a car that has seats that shake about when I drive? I mean, if I drive over a bumpy road, I'll get the same effect won't I?&quot;<br />
<br />
--------------------<br />
<br />
Blah, blah, blah... What is this doing for your prospects emotional needs? Nothing! It's just another page full of boring old words, Goodbye!<br />
<br />
Now, if you change the above sentences to something like...<br />
<br />
For the auto reversing sensor:<br />
<br />
Save Money On Your Insurance Premiums...<br />
<br />
The truth about sky rocketing premiums is out. Major insurance companies have admitted that 60% of all claims for minor bumps on vehicles they insure is due to parking bay mishaps.<br />
<br />
&quot;Many people just don't know how big their car is and accidentally bump into another one when maneuvering around in busy parking lots...&quot; Quoted an Insurance company spokesperson.<br />
<br />
The shocking truth is, your premiums are being loaded due to others carelessness, but...<br />
<br />
Now you need never worry about those fools or how big your car is again, because XYZ model will actually tell you when you are getting too close to another car. This means you have the pleasure of driving and saving on your insurance premiums at the same time.<br />
<br />
--------------------<br />
<br />
For the vibrating seats:<br />
<br />
Personal Masseuse, Yours Absolutely Free With Every Car...<br />
<br />
Imagine your very own personal masseuse... yours to pamper you as you drive... takes away the stiffness in your back and legs in an instant... You stay fresh and alert while you drive, arriving safely at your destination - No other car has massaging seats that will pamper you like a king.<br />
<br />
--------------------<br />
<br />
Don't these two paragraphs create a little more excitement in your mind?<br />
<br />
All you have to do when you write your sales letter is keep building more excitement with every word until your prospect suddenly says &quot;Wow! I gotta have one of those!&quot;<br />
<br />
It doesn't matter if you have to write 50 pages of copy to create that feeling, as long as you keep the excitement building up, your copy won't ever be too long.<br />
<br />
Remember that your sales letter has to be exciting and long enough to do its job otherwise you won't get the sale.<br />
<br />
Copyright (c) 2006 Stuart Elliott<br />
<br />
Stuart Elliott is a world-class copywriter who has written numerous articles about sales letters and copywriting. Drop by: http://howtowritekickbuttcopy.com to pick up your Free Copywriting Power Guide.<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>Are Leaders Born Or Made?</title>
<description><![CDATA[<br />
<br />
By Wally Bock<br />
<br />
For centuries people have debated whether leaders are born or made. Several decades ago researchers started trying to answer this question. The debate goes on, even though we know the answer.<br />
<br />
It turns out to be a little of both. Leaders are &lsquo;sort of&rsquo; born and they are always made. Knowing the details will help you develop effective leaders for your company.<br />
<br />
Leaders are &lsquo;Sort of&rsquo; Born<br />
<br />
There's only one thing a person needs to actually be born with in order to be a leader later in life; that is intelligence. A leader needs to be smart.<br />
<br />
Effective leaders are not necessarily the smartest people in the room, or the company, or even on the team. They have to be smart enough to do the job they are assigned.<br />
<br />
The kind of person the potential leader is when he or she becomes an adult is very important. The person who emerges from adolescence into young adulthood has the psychological and character traits they'll demonstrate for the rest of their life. Some of those characteristics matter for leadership.<br />
<br />
By the time a person reaches adulthood, we can tell if they know how to help other people achieve results. That, after all, is what we expect leaders to do. We expect them to achieve success through a group. We expect them to help their subordinates grow and develop.<br />
<br />
When a person becomes an adult, we can tell if they want to achieve objectives or if they just want to go along and take it easy. We expect leaders to be responsible for achieving results. You can have a marvelous life without a results focus; however, if you're going to lead successfully, you have to have the drive and willingness to be measured by the results of your leadership.<br />
<br />
Upon reaching adulthood, we can tell if they are willing to make decisions or not. Lots of people wake up every day and let the world happen to them. Leaders must be able and willing to make decisions that affect themselves and others.<br />
<br />
When achieving adulthood, we can tell if they have the basic qualities that we expect leaders to have. We can determine if they're smart enough to do the job. We can tell if they are willing to help others to achieve results as a group. We can tell if they will make decisions.<br />
<br />
Those things are essential. People who have those qualities can learn the multiple skills it takes for them to become effective leaders.<br />
No one emerges from the womb or from adolescence with all the skills in place to be an effective leader, no matter how they measure up on the key essentials. Everybody has to learn the job. That's why leaders are always made.<br />
<br />
Leaders are Always Made<br />
<br />
Leadership can be learned by anyone with the basics. There is a lot to leadership that cannot be taught.<br />
<br />
Leadership is an apprentice trade. Leaders learn about 80 percent of their craft on the job.<br />
<br />
They learn from watching other leaders and emulating their behavior. They choose role models and seek out mentors. They ask other leaders how to handle situations.<br />
<br />
Leaders improve by obtaining feedback and using it. The best leaders seek feedback from their boss, their peers, and their subordinates. They modify their behavior so they are able to obtain better results.<br />
<br />
Leaders learn by trying things out and then critiquing their performance. The only failure they recognize is the &lsquo;failure to learn from experience&rsquo;.<br />
<br />
In their book, Geeks and Geezers, Warren Bennis and Robert Thomas identify the special power of what they call &quot;crucibles.&quot; These are trials that teach hard lessons which leaders use as the basis of their strength in later crises. Many of these events can be called &quot;failures,&quot; but leaders turn the bad situation to good by learning from it.<br />
<br />
Effective leaders take control of their own development. They seek out training opportunities that will make a difference in their performance.<br />
<br />
Effective leaders look for training programs that will help them develop specific skills they can use on the job. Then, when they return to work, they devote specific, deliberate effort to mastering in real life what they have learned in the classroom.<br />
<br />
Marshall Goldsmith and Howard Morgan studied the progress of 88,000 managers who had been to leadership development training. The people who returned from the training, talked about it, and did the deliberate learning applications, were judged as becoming more effective leaders. The ones, who didn't, showed no improvement.<br />
<br />
If you're responsible for leadership development for your company, you should structure your support for your leaders to recognize that most leadership learning happens &lsquo;on the job&rsquo;. Help people develop leadership development plans. Help them select specific skills training.  Then work on transferring skills from the training to the job. Help them find role models, mentors and peers to discuss leadership issues.<br />
<br />
Help your leaders get feedback from their boss, peers and subordinates. Work to create the culture of candor that will make that feedback helpful and effective.<br />
<br />
Don't stop there. Make sure you evaluate your leaders on their leadership work. Reward them.  Hold them accountable for accomplishing the mission through the group. Hold them accountable for caring for their people and helping them grow and develop.<br />
<br />
A Leader's Growth is Never Done<br />
<br />
Leadership learning is a lifetime activity. You are never done. There's always more to learn. There are always skills you need to improve.<br />
<br />
Effective leaders seek out development opportunities to help them learn new skills. These might be project assignments or job changes. This develops knowledge and skills that can be used elsewhere.<br />
<br />
Effective leaders seek out opportunities that will increase their visibility. Great performances alone will not propel you to the top in your career. You also have to be visible to people who make decisions about promotions and assignments.<br />
<br />
If you are responsible for developing leaders in your company, set up programs to give your leaders both kinds of development opportunities over the course of their careers.<br />
<br />
There is no magic formula for developing quality leaders in your company. By selecting potential leaders with the essential traits, supporting them with training, feedback, on-the-job learning, developmental experiences, and holding them accountable for results, you will have the leaders you need to shape your company's future.<br />
<br />
Wally Bock is an author, speaker, and coach who help leaders improve the performance and morale of their teams. Wally is the author of Performance Talk: The One-on-One Part of Leadership (http://www.performancetalk.com/) and the Three Star Leadership Blog (http://blog.threestarleadership.com/).<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
</item>

<item>
<title>Finding the Right or Wrong Credit Lenders</title>
<description><![CDATA[<br />
<br />
By Allison Thompson<br />
<br />
People will find themselves in difficult financial situations, at times. It may be because their business has not worked out and is on the verge of becoming bankrupt or it could be for personal reasons (a divorce settlement is not what it should have been).  At any time, the need for financial support is important. When faced with situations such as shown previously, a loan to help them recover is hard to find. There are many reasons why getting a loan could be difficult, it may be they have a poor credit rating or they have no equity to act as security on a loan that lenders will normally provide. However, now there are moneylenders around called &lsquo;bad credit&rsquo; lenders who can assist these people when their state of financial affairs is so dire.<br />
<br />
You will find that &lsquo;bad credit&rsquo; lenders are institutions or organizations that are able to provide loans to people who are in desperate need of financial assistance. One type of option that these kinds of lenders provide is a private loan (also known as a hard money or &lsquo;bad credit&rsquo; loan).  This type of loan does not require the borrower to have any equity, and as a result, are able to provide such loans but at an increased rate of interest.<br />
<br />
Different types of &lsquo;bad credit&rsquo; lenders exist, and banks are one source. Should you need to arrange a &lsquo;bad credit&rsquo; loan, you could first consult a bank.  Many banks require some sort of equity against the loan that you are looking for. It is advisable that you seek assistance from a bank where you have been a customer from some time. This provides the bank with a guarantee of knowing who you are and they will have full details of your banking records.<br />
<br />
If this does not work out, there are a number of companies around which also act as &lsquo;bad credit&rsquo; lenders. Such companies will provide you with a loan proposal, but be aware that they will often charge much higher rates of interest than usual.<br />
<br />
Many financial experts say that when looking for the right sort of &lsquo;bad credit&rsquo; lender, it is wise to do as much research as possible. Obtain all the information you can on each lender.  Make sure you are aware of what sort of loan programs these lenders have and what the interest rates are that they offer on their loans. After getting this information, it is wise to compare each one. See which ones suit you and the one you will not have difficulty in making repayments to.<br />
<br />
Allison Thompson, an expert author, after becoming a work from home mum, runs a small real estate company in Spain. Due to her involvement in the property market she has carried out extensive research relating to all financial matters. If you would like to learn more, please visit http://www.centrallendingservices.com.<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
</item>

<item>
<title>The 5 Biggest Customer Service Blunders Of All Time</title>
<description><![CDATA[<br />
<br />
By Paul Levesque<br />
<br />
Some businesses remain that manage to consistently deliver superior customer service year in and year out, while howls of protest over poor customer service continue to fill the air. These are the places where turbo-charged employees pursue customer delight with a passion, places that ignite a flash point of contagious enthusiasm in employees and customers alike. Foremost, to be learned from such flash point businesses are the &lsquo;blunders&rsquo; to avoid&mdash;fatal mistakes that trip up just about everybody else.<br />
<br />
First Blunder: Making Customer Service a Training Issue.<br />
<br />
Businesses of all kinds invest huge amounts in training programs that do not&mdash;and simply cannot&mdash;work. The function of this training is to identify the behaviors workers are engaging in, and then coax, bully, or legislate these behaviors into the workplace. At best, this is almost always a recipe for conduct that feels mechanized and insincere; at worst, it intensifies worker resentment and cynicism.<br />
<br />
The better approach is to give workers opportunities to brainstorm their own ideas for delivering delight, instead of dictating what workers should be doing to delight customers. Management&rsquo;s role then becomes to help employees implement these ideas, and to allow workers to savor the motivational effect of the positive feedback that ensues from delighted customers. This level of employee ownership and involvement is a &lsquo;key&rsquo; cultural characteristic of virtually all flashpoint businesses.<br />
<br />
Second Blunder: Blaming Poor Service on Employee De-motivation.<br />
<br />
Businesses looking for ways to motivate their workers almost always are looking in the wrong places. Employee cynicism is the direct product of an organization&rsquo;s visible preoccupation with self-interest above all else&mdash;a purely internal focus. The focus in flashpoint businesses is directed outward, toward the interests of customers and the community at large. This shift in cultural focus changes the way the business operates at all levels.<br />
<br />
The reality is that employees are de-motivated because they can&rsquo;t deliver delight in most business settings. The existing policies and procedures make it impossible. Instead of &ldquo;fixing&rdquo; their employees, flashpoint business set out to build a culture that unblocks them. Workers are encouraged to identify operational obstacles to customer delight, and participate in finding ways around them.<br />
<br />
Third Blunder: Using Customer Feedback to Uncover What&rsquo;s Wrong.<br />
<br />
Surveys and other feedback mechanisms are used by businesses to get to the causes of customer problems and complaints. Employees come to dread these measurements and data-gathering efforts, which often lead to what feels like witch-hunts for employee scapegoats, formal exercises in finger pointing and the assigning of blame. Flashpoint businesses use customer feedback very differently. In these organizations, the object is to uncover everything that&rsquo;s going right. Managers are forever on the lookout for &quot;hero stories&quot; - examples of employees going the extra mile to deliver delight. Such feedback becomes the basis for ongoing recognition and celebration. Employees see themselves as winners on a winning team.   In this type of workplace, there is always some new &quot;win&quot; being celebrated.<br />
<br />
Fourth Blunder: Reserving Top Recognition for Splashy Recoveries.<br />
<br />
It happens all the time; something goes terribly wrong with a customer order or transaction.   The dedicated employee goes to tremendous lengths to make things right. The delighted customer brings this employee&rsquo;s wonderful recovery to management&rsquo;s attention.  The employee receives special recognition for his or her efforts. This is a blunder?<br />
<br />
It is when such recoveries are the primary&mdash;if not the only&mdash;catalysts for employee recognition. In such a culture, foul-ups become &lsquo;almost a good thing&rsquo; from the workers&rsquo; point of view. By creating opportunities for splashy recoveries, foul-ups represent the only chance employees have to feel appreciated on the job. Attempts to correct operational problems won&rsquo;t win much support if employees see these problems as their only opportunity to shine.<br />
<br />
Flashpoint businesses celebrate splashy recoveries, of course&mdash;but they&rsquo;re also careful to uncover and celebrate employee efforts to delight customers where no mistakes or problems were involved. This makes it easier to get workers participating in efforts to permanently eliminate the sources of problems at the systems level.<br />
<br />
Fifth Blunder: Competing on Price.<br />
<br />
It is one of the most common (and most costly) mistakes in business. Price becomes the deciding factor in purchasing decisions only when everything else is equal&mdash;and everything else is almost never equal!  Businesses compete on the perception of value, which includes more than price. The total customer experience&mdash;and aspects such as &ldquo;helpfulness,&rdquo; &ldquo;friendliness,&rdquo; shapes it and &ldquo;the personal touch&rdquo; often gives the competitive advantage to businesses that actually charge slightly more for their basic goods and services.<br />
<br />
Businesses that deliver a superior total experience from the inside out (that is, as a product of a strongly customer-focused culture) are those that enjoy a long-term competitive advantage&mdash;along with virtual immunity from the kinds of headaches that plague everybody else.<br />
<br />
Customer-focus consultant Paul Levesque&rsquo;s latest book is Customer Service From The Inside Out Made Easy (Entrepreneur Press, 2006).<br />
<br />
Copyright Paul Levesque. All Rights Reserved.<br />
<br />
Paul Levesque is available for speaking engagements through http://www.keynoteresource.com 1-800-420-4155. Paul Levesque has more than 20 years' experience as an international customer-service consultant. He has helped hundreds of corporate and small business clients become more customer-focused.<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
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<item>
<title>Why Your Prospects or Downline Won't Do What You Ask Them To</title>
<description><![CDATA[<br />
<br />
By Tim Sales<br />
<br />
There is one very specific quality you must have, whether leading just a few or a few thousand people in your MLM business. Achieving MLM success will be A LOT easier when you develop this one quality, tell the truth.<br />
<br />
If you do not tell the truth, your downline may be friendly to you...but they probably won't follow you.<br />
<br />
Truth means: that which is factual based on observable data.<br />
<br />
There has been much written about truth, a lot having to do with philosophy and religion. My only interest in the subject (as it pertains to the MLM industry) is that we, as a group, stop destroying our income and our reputation by not telling the truth.<br />
<br />
Being truthful should go without saying, but I have to discuss it because it is one of the Ten Communication Qualities that make up a great communicator.  It&rsquo;s also a major problem in the network marketing community needing correction for the MLM industry to grow to its fullest potential.<br />
<br />
My income dropped in 1991 - like a brick falling from the top of a building - from a monthly gross of $68,000 to $16,000 - just because people were not telling the truth.<br />
<br />
A media member sneaked into my colleague's business meeting and recorded the dialogue that occurred. Although it was a painful experience for me, the biggest loss stems from the CONSTANT number of people we repel because of not telling the truth.<br />
<br />
Every time we (I'm talking about me and you) don't tell the truth, we feel icky inside. Observe a dog that has done something wrong - do they come strutting into the room? Not at all! They actually hide under the couch. Their ears and tail hang low. They don't feel worthy. The same is true for us. That ickyness actually causes us to not feel worthy that others follow our advice...and so they don't.<br />
<br />
Five broad categories of not telling the truth have gotten individuals and/or companies in trouble.  It stopped them from growing to their fullest potential. They are listed below.<br />
<br />
1. False income representation or suggesting others can earn a stated level of income.<br />
<br />
2. Stating that a product or service can do something that has not been substantiated.<br />
<br />
3. Promising someone (or yourself) something and not doing it.<br />
<br />
4. Gossiping about others. Passing information to another that does not add value.<br />
<br />
5. Building the business in a way that is not truthful...such as suggesting distributors create fictitious accounts or positions.<br />
<br />
Let&rsquo;s consider, category one, false income representation.  If you don't know what your upline earns, don't say what you think it is. If through the grapevine you've heard its &quot;X&quot; amount, and you feel you must state it, say: &quot;The rumor is that he/she earns $ amount; although I've not verified it.&quot;<br />
<br />
Say nothing you don't know is absolutely true. This gives you tremendous credibility!<br />
<br />
When you discuss income, discuss what the prospect wants - NOT what someone else is earning. If the prospect states an income they desire, tell them it's achievable, (provided it is). Then state, &quot;Some people go to school and become the President. Some become billionaires, some sell illegal drugs and some draw a welfare check. It would be impossible to know what you're going to do with what I teach you, but there is the potential to earn a substantial income if you choose to fully apply what you're taught.&quot;<br />
<br />
Category two from above is unsubstantiated product claims; which, in the past, have also gotten the network marketing industry into trouble. If you market a nutrition product, the current law (in the USA) is the DSHEA Act, (Dietary Supplement Health and Education Act), which states you can discuss what a product does, provided THAT PRODUCT is what has been proven to get results.<br />
<br />
Most often an INGREDIENT has had some studies done on it (such as vitamin C) but your company's product (that contains that ingredient) has NOT. Therefore, it is against the law to claim your product does ANYTHING!<br />
<br />
Now, that doesn't mean you can't promote your product truthfully. You simply say something like, &quot;The active ingredient (vitamin C) in Potent-C (an example of your company's product) has demonstrated to increase/decrease ________ by X amount.&quot; That way you're not claiming your product does anything.<br />
<br />
Telling stories of your success or others' success with the product or the MLM business is also common.  Just keep in mind that the common way people get in trouble is from questionable claims reported by the media after coming in with hidden recording devices and capturing what you say.  Make sure you are not claiming anything that isn't the truth.<br />
<br />
If a friend went on your company's product and stopped having migraine headaches, you honestly wouldn't know if the reason was the product or the fact that she increased her water intake to take your product! You can't determine what really helped her - so be very careful what you represent.<br />
<br />
Category three is to keep your word once given. If you say you will be at a meeting at 6:45 - be there at 6:45. No excuses, just be there. If you say you're going to help someone, - help them. Keep your word!  If you're unable to keep your word, make it up to the person. Do something that shows you want to help.<br />
<br />
The most important person you must keep your word with is yourself. If you say you are going to bed at 11pm - go to bed at 11pm. If you say you will call five prospects a day, call five prospects a day!<br />
<br />
When you're honest with yourself and with others, people will trust you. This trust is what helps your MLM business to grow and be successful. My experience is that people will not follow someone they cannot trust.<br />
<br />
Tell the truth always and you will be on your way to experiencing passive income and time freedom in your MLM business.<br />
<br />
Tim Sales helps network marketers gain the confidence and skills to be an MLM success. Discover what you must know to become a true network marketing professional. Sign up for his free MLM training newsletter and listen to free training at http://www.brilliantexchange.com.<br />]]></description>
<link>http://miraclemoneyblog.com/homebiztips/HomeBusinessTips_DRu_187/user/index.php</link>
</item>

<item>
<title>Starting a Business</title>
<description><![CDATA[<br />
<br />
By Vernon Anthony Johnson<br />
<br />
Many people today are looking to own and run their own business. To do this they have three main choices.<br />
<br />
1. Buy a franchise<br />
2. Start from scratch to develop one&rsquo;s own business.<br />
3. Buy an existing business.<br />
<br />
When speaking of capital to start or buy a conventional business, we are not talking peanuts.  All these types of businesses will require a substantial sum of capital, perhaps in the hundreds of thousands of dollars.<br />
<br />
They usually require suitable staffing, computer expertise for accounts and wages, and also people skills are required in the workplace.  There are always some problems with staff that can cause difficulties.<br />
<br />
In a conventional business, you will require a building. If you have bought an existing business, then probably rates and maintenance are your two main expenses.  If you need to rent a building, then you may require a refit for your purposes, which may cost tens of thousands of dollars. Depending on the type of business, it may require new machines or electronic devices that are very expensive.   You would need computers and office furniture.  Considerable costs are involved when starting a business.   Some of these will be ongoing, which involves, interest on the loan, staff wages and rent, etc.<br />
<br />
Look at what you might lose if the business fails.  The equity that was used to finance the loan - most likely the property you own, because you couldn&rsquo;t pay off the bank overdraft. The fixtures and fittings that you purchased which now would be of no use to you and any equipment you purchased which may have to be sold, invariably at a loss.<br />
<br />
Everything was lost to try and pay off your debt.  This wasn&rsquo;t enough, so you have to leave the home you love and look for rented accommodations. Many years later, you might work your way back to where you were before the time of the crash. The statistics for new conventional type business successes are not good.<br />
<br />
With a conventional business, if you need advice, you usually have to pay for it.  Some advice is available free with a franchise.  With a franchise, business mentoring is usually not included. So if it&rsquo;s new to you, you may have to pay for that help. In MLM home based business with a good company, the marketing help comes as part of the deal.<br />
<br />
Why you may ask?<br />
<br />
Well, because the MLM I am recommending is structured so that the person who does the recruiting also helps the people they recruit. In making them successful, all will benefit financially.  This team building is the essence of success in MLM marketing. People who have done this for a few years reap large rewards without having to take a huge gamble to raise equity.<br />
<br />
When looking at a MLM business which costs less than $2000 initially and potentially enables you to earn hundreds of thousands of dollars a few years down the road, why wouldn&rsquo;t that be more attractive to you than risking your house?<br />
<br />
There is a company that excels in all respects and is ideal for MLM people:<br />
<br />
1. It is debt free<br />
2. Publicly listed on the NASDAQ<br />
3. Achieved 1.5 billion turnover in the first five years<br />
4. Is a global business operating in ten countries and six more in 2007.<br />
5. Ranked number 5 in the 200 Best Small companies by FORBES.<br />
<br />
If we summarize the benefits, then we are talking about a business which:<br />
<br />
1. Does not require a large amount of capital<br />
2. Does not require you to hold stock.<br />
3. Does not require staff.<br />
4. Does not require you to rent or buy expensive property because you can work from home using one room as your office.<br />
5. Enables you to make an income relative to your efforts that could be in the six-figure bracket after a few years.<br />
6. Does not confine you to office hours - you can work at a time convenient to you and your family.<br />
7. Will still function once established without loss o