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Starting A Business

Online Entrepreneur: To Be or Not To Be

Millions of people from all over the world have taken the entrepreneurial challenge and won. Successes have been documented of businesses owned by Asians, Pacific Islanders, Native Americans, and Alaskan natives. Women now own over a third of all businesses.
There are two ways to make it in business. One is to rise through the ranks of a large corporation or company. The other path is to become an entrepreneur and start your own company.
Starting your own company gives you more freedom and allows you to reap the profits as opposed to working for a salary or wage and someone else getting all the profits.
But freedom to succeed also means freedom to fail, and many small businesses fail each year. It takes a lot of courage to start your own business. It can be done.
One of the benefits of starting an online business is that it can be done in your spare time from the comfort of your home while you still keep your day job. A person can begin building a second (business) income that will eventually earn enough profit to replace their salary and at that point they could leave their job and focus entirely on their own business.
In order to succeed as an online entrepreneur one must have three things; one, knowledge of a great industry or business idea; two, enthusiasm to go after it and; three, a strong desire to be a success.
The internet is a perfect venue for individuals who want to start their own business, who like using computers, and who believe cyberspace is the place to do it. With each month that goes by, the number of Internet users increases exponentially which means an online business provides an entrepreneur with an excellent opportunity.
It’s simply a matter of getting yourself set up online to accept income or profits.

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Starting A Business

Make Me Money – Obstacles and Solutions

Most people, when asked, would love to make extra money at home, have multiple income streams and enjoy life to its fullest. Does this sound familiar? Maybe you want to give up working for someone else and sack your boss. When pushed you may actually realise that it’s not the making extra money but it’s the freedom it can give to you and those you care about. Freedom to enjoy all your wishes and dreams, sitting on a sun-soaked beach watching the magnificent blue ocean slowly rolling in and out, enjoying your children’s school play, taking part in their sports day’s or just going to the park while it’s still light outside.
Work from home businesses can give you all this and so much more, so why aren’t you doing it? Are you one of the potential work from home moms? Are you tired of being treated like a naughty school child from your supervisor or boss and want to give them the sack? Tired of the daily routine or the time it takes you to travel back and forth. Do you know someone who is self employed, they seem to spend most days at home or on holiday. You never really see them going to work. You want to have more energy in your free time, even the chance to join a gym and not feel ill at the thought of strenuous exercise.
It’s more than likely that you’re either not aware of how easy it can be, or you are faced with the major problem that comes to us all. Obstacles! Too busy. No money. Not sure what to do. You may get a number of ideas for business to get yourself a real work from home opportunity but you don’t know where to begin. Family and friends have put you off they tell you that it can’t be done. They tell you that there are no real work jobs from home and that you are better off with a nine-to-five job with security.
Obstacles face all of us from the moment we wake until the time we fall asleep, its how we deal with them that separates the winners and losers. Some people work around these challenges, put them to one side to do tomorrow or next week, hope someone else will do them for them. Or they just stop and do nothing about them and move on hoping they’ll succeed in something else. Winners face them square on, they want an income residual to better their lifestyles and give themselves a chance at any number of small business opportunities that are available.
So where can you go for inspiration so that you can begin to start making money from home for yourself?
There is a massive amount of resources for you to use, most are more accessible than you think. Look at the businesses around you or when you travel to work or take the kids to school. Check out your local and national newspapers. When you look you will suddenly find local magazines that you did not know were there. You will start to look more closely at the free papers and magazines that you receive in your letterbox. Look at the magazines in the doctors, hairdressers or even at your friend’s homes. Go to your local library and check out some of the huge amount of material they have. Don’t forget that you are just looking for any potential ways to earn extra money, do not be put off on how you will get your home business idea up and running. The uncertainty on how to get things done is something that you will get over later on. You will be surprised on how easy it is to overcome this type of obstacle.
There is obviously the one staring right back at you now, The Internet. There is a huge amount of people who work online from home. You can talk to someone free on the other side of the world, so there is definitely a stupendous amount of information and ideas for business here. So many people are making extra money which is sometimes an income residual to their full-time wage. Making money easy is not as readily available as some might hope but you may earn from home more than you have ever dreamed possible.
Type in anything, such as make me money and you will be amazed at the return of information that you will get. Just be ready for the amount that you get as this can become another obstacle. Keep going and look for small business opportunities, set-ups, courses to earn from home, gurus who will help you begin and hold your hand as you go through this exciting journey.
Working from home can be so rewarding for you and get you the things you dream of. Be that a better residual income, more freedom, a happier life or just a better you.
What you have to do to overcome those obstacles is to believe in yourself. There are certain aspects about yourself that you can change to become more successful. Do you have a number of ideas for business that you work on for a while and they just seem to disappear? One thing you can do is to use a technique of auto-suggestion. You may have heard this before. Take a picture of your dream home or car and look at it everyday. Write down your dreams and read them every morning and night to yourself. Always be thinking that you will succeed in your plans to become self dependent and tell your boss you’ll no longer want or need their services. It does work! Just believe that you can do it and a plan or future idea will come to you that will work.
Be persistent. If something does not work then look over it all again before consigning the idea to the trash. Many waste their time and effort jumping from one master plan to another. One of the best ways to make money from home can be in that idea that you just left, all because you see another amazing plan that promises you the world. Keep going at your current project until you have exhausted all avenues.
Have faith in what your plans can do and believe in them. This is where you will overcome the doubters around you. They may be family or friends or both. Give yourself a plan of action and follow it as closely as you can. Put some time aside every week to stay away from your plans so that you come back refreshed. Even if you all of a sudden get a lot of ideas for businesses, don’t get rushing back to work on it. Instead carry a small notebook or pad, write it down and come back to it when you go back to working on your own empire.
Probably the most important way for you to be successful is almost certainly in my eyes the most common reason, excuse, obstacle that causes people to stop. For some reason we gain all the knowledge, pay for ways for us to succeed and even buy the tools like auto-responders, HTML editors, web space and so on. We do not take action! Have you ever bought a course from an expert, got it home or received it in the post, opened it and had a good look? You decide that you will start tomorrow when you have more time. You may even take the wrapping off the first DVD and insert and watch the first twenty minutes or so. You get no further.
Your thoughts may drift away and you begin to have doubts about your purchase. The family, friends and people you do not really know also question your purchase. You ask if it will it make me money? Stop asking yourself this question. It won’t if you do not take action.
In closing then, my thoughts on how you can have a work from home based business include using many of the resources you have all around you, many being free. Don’t listen to the doubters that will surface if you announce your intentions. Use the technique of auto-suggestion, be persistent, have faith in yourself and make sure you take action. Click that link and follow through on that one project until you have succeeded.

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Starting A Business

4 Online Business Ideas to Consider in 2010

Of course it’s hardly surprising that January is the most popular month for people starting new websites. After all, many of us make New Year resolutions which revolve around improving our lives. Fortunately for us, having the Internet at our fingertips has made such resolutions, a very real possibility.
So, here are four online money makers for 2010:
1. In the top spot we have affiliate marketing and it’s certainly easy to see why. There are literally millions of opportunities out there for affiliate marketing and what’s more, you can find these programs in practically any market. Essentially, affiliate marketing simply requires that you sell products or services on behalf of someone else, in exchange for commission, which nowadays can be as much as 50% of the sale price.
2. Another form of marketing, known as “niche marketing,” has experienced a tremendous surge in popularity recently and the trend looks set to continue throughout 2010.
As the name implies, niche marketing is when you concentrate on a niche from an overall broader market and so long as you can source a niche that you have a personal interest in, it can be great fun, in addition to making money.
3. For those who possess the necessary writing skills, blogging can be a wonderful choice. There are millions of bloggers out there who have monetized there blogs by selling advertising spaces.
One of the most popular starting points if you follow this route, is to sign up with . Because is a self-hosted blogging platform, integration with Google AdSense is seamless and it’s a great way to earn some extra income, each time anyone clicks on an ad.
4. PLR products, also known as Private Label Rights products, are yet another great way to kickstart a new online venture, as practically everything has already been take care of.
Of course, while you can sell PLR products just as they are, it certainly does improve your earning potential if you can come up with some customization. This is really in your best interest because with PLR sales, you get to keep all the profits.

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Starting A Business

How to Raise Entrepreneurial Capital

There are several avenues that are available to entrepreneurs when it comes to funding for their business ideas. The nature of the startup would usually depend on where and who an entrepreneur can go to for funding even though there are some ideas that would be welcome in any platform. Below are a few that can be used to get funding for your next big business idea.
Savings: If you already have savings, or money put aside somewhere, this is the advisable method of funding your entrepreneurial startup. This is because money that you work hard to put into a savings fund is not subject to any strings and conditions, except those you choose to impose on yourself to help you focus and streamline your personal funding.
Angel Investors: Angel investors are usually individuals who invest in businesses for a lot of reasons. Mostly they are looking for healthy returns from the business while helping the new entrepreneurs get their business out of the ground at the same time. There is no definite amount that an entrepreneur can expect to receive from an angel investor as it depends a lot on the individual.
The Center for Venture Research at the University of New Hampshire said in a report that most ‘angels’ invest close to home. Therefore, if you are thinking of an angel investor for your business, look around your community or your state. This does not mean that there are no angels that invest further from home.
Venture Capitalist: This could either be an individual or a firm that provides what is known as venture capital. Venture capital is money which is used to fund a new business. This money is provided by an outside investor (much like an angel investor) and could also be used for troubled businesses. The money is usually provided in exchange for an equity stake in the business so it is not a loan.
Microfinance: More entrepreneurs are turning to microfinance as a means of funding their business startups. Although there are banks that offer microfinance, you are more likely to get funding for your business from a financial institution that focuses on microfinance. There are also a number of nonprofit microfinance institutions that specialize in lending to entrepreneurs.
Government: The government has a lot of loan schemes for small and medium businesses and as an entrepreneur, you might be able to benefit from these programs. However, most government loans are restricted to a particular sector, depending on the government.
Crowdsourcing: This has become a lot more prominent in recent times because of the many Dot com businesses that have benefited from crowd-sourced funding. There are several websites such as , , and , which focus on helping entrepreneurs to raise funds.
These are just a few sources that you can utilize as an entrepreneur to fund your business ideas. The most recommended though is either to bootstrap or to get loans from family and friends. Failing that, the options above should help.