The Internet Entrepreneur – Business Opportunities With Low Investment

These days, it can be really hard to find money especially for those who are the sluggish type. But for the dedicated and hardworking people, there will always be ways to find income-generating opportunities. If you are having difficulty finding a job, then being an entrepreneur could be another option.

It is a common misconception that starting a business would require a huge sum of money to be used as capital. So for those who have limited funds, they automatically disregard entrepreneurship as a means to earn money for a living. So for people out there who want to give entrepreneurialism a try but are held back by insufficient funds, you have to know that there are a lot of business opportunities that would allow you to start up with just a minimal amount of investment.

That is the truth. There are many business opportunities that only entail small principal investment but could yield huge profits. With the internet at your disposal, it will not be too hard for you to research a product or service that you will focus on as well as the needs of the particular market that you are going to target.

During your research, you have to take note of all the things you are interested in. Creating a comprehensive list will allow you to consider all the factors that would play a great role in the success of your venture after you make a final decision on what field you will engage business in. Also, having a list will prevent you from missing out on a wonderful opportunity that could bring you good fortune.

If you search well enough, you will find out that the internet offers a wide variety of ways to do business. If you have the skills, you can build your own online-based business that would offer services like web designing, article writing, or many other services required by website owners. A lot of people will gladly pay for your services if you can provide good quality work. And after some time, you can hire more people that you can build into a team. But during start-up, you will only need a computer, internet access and loads of skills and hard work.

And if you want to market a product online, you will have a bigger chance of being seen by many potential customers because the internet can reach more people compared to traditional marketing methods. If you like baking cakes, you can simply post pictures of your sample cakes online and you will soon realize that more and more orders will come pouring in. That will not take much from your pocket, don’t you agree?

What Business Are You In? What Business Should You Be In?

Some strategies for making the best use of your time and the most money for your efforts.

I’ve been a health insurance agent since 1985. I love my job, and I self-identify as a health insurance agent. However, about two years ago I discovered that I was doing particularly well at one aspect of my business and decided to focus on that aspect. I discovered that my websites were generating an excess number of insurance leads. I did not have the resources to process them.

You may be a restaurant chef who makes a particular dish that your patrons love. You may be able to mass produce that dish and sell it through other channels. You may be able to make money teaching others how to make that dish. Many people find that they can make more money teaching others how to do what they do well instead of doing it themselves.

You may be a tailor who has invented a device that you’ve been using to make your job easier. Maybe you should sell that device.

I’ve tripled my income since I decided to offer my services to other agents who are better at other aspects of my business but will benefit by getting exclusive insurance leads. It is a win-win situation for me and the health, auto and homeowners insurance agents I work with. There may be a corollary in your business.

What business are you in? Are you in the right business?

You may not want to give up your main business. You may have non-money based reasons to stay in your profession. I’ve decided to continue helping people find medical coverage because I enjoy the business, enjoy working with my son every day and want to make sure that my income comes from more than one source. However, since I discovered that I can generate exclusive leads for insurance agents and earn a good income from it, I spend less time as an insurance agent and less time working overall. This allows me to invest more time with my family and in the gym.

Tips for Maximizing Your Income:

  1. Determine what to delegate or “farm out.” Look at your business as if it were several businesses. Sometimes you will want to delegate more responsibilities to your employees or to other professionals. Although you may be smart enough to figure out the tax code, you will make a lot more money focusing on your business and paying a good CPA to handle your tax return. Give some thoughts to other aspects of your business. Cleaning the office, handling your bulk mail, bookkeeping, etc. Don’t wait until you simply don’t have enough time to do these things. If you could earn more money by having someone else perform a task and spending that time doing something else have someone else perform that task. If you will enjoy your life more by spending less time doing things that you can delegate. Please delegate. We need more happy people in this world.
  2. Determine whether or not you will make more money servicing your “competitors” by helping them with aspects of your business that you do well. If you have figured out how do something better than your competitors, maybe you should find a way to share that information and make a profit from it. Today CPAs and attorneys are using software to work more efficiently. Who do you think writes that software? It may be a CPA or attorney who once programmed for a hobby or someone in the profession who decided to partner with a programmer. I’d be willing to bet that the software for attorneys isn’t written by former butchers, bakers and candlestick makers.
  3. Spend some time thinking in a non-specific way about your business and your industry. Ask yourself questions like the following: What particular aspects of your business do you do well? What services do you wish existed but don’t? What services from another industry or another geographic area do you think would work well in your business?

This article can be copied and reprinted but only in its entirety. The article was originally published on http://www.BadSalesLeads.com/articles/what-busines-should-you-be-in-article.htm. The article starts with the heading “What Business Are You in? What Business Should You be in?” and ends with this sentence.

How to Protect Small Businesses

When you run your own business, there is never enough time and always too much to do. Being meticulous and taking care of daily business is often all you get time to do. The “To Do Today” list keeps getting longer. So how are you supposed to think about protecting yourself against possible business problems?

It could be that while you are working so hard to develop and grow your business, you haven’t noticed that your business is already under attack. Here are some tips for protecting your business.

Firstly, realize that business is business. You have something which someone wants. You have stock, business products, equipment, or cash. This is the start of protecting your assets. And this applies equally wherever your office is located. Even if you have a home office, make sure you have a door which locks. Monitor who is allowed in, and when. Be aware of who has been in there and always keep cash or valuables under lock and key.

There is no denying this is annoying, but would you rather take the time to lock that drawer, or lose the cash? A friend employed a maid, who was recommended by another friend. The girl was apparently from a good family, hard worker, etc. After two weeks of arriving late, doing a sloppy job, my friend noticed three thousand euros in cash was missing from her (unlocked) home office desk drawer. Not a pleasant feeling. And of course, impossible to prove.

It is easy to be too trusting. And if you are responsible for taking on part time or full time help, you will want to trust them. You will have a hard time accepting the fact that a trusted employee is stealing money, time, equipment or products. It has been estimated that in the USA one third of all employees steal from their employers. The prevalence in underdeveloped areas and countries is probably much higher. Think about installing a simple closed circuit television system when you are not there. If you make it public to your employees, it will act as a deterrent. It is a way to still have your eyes and ears open, even when you are not there. The prices of this kind of surveillance equipment are coming down all the time.

You have probably invested a substantial amount of cash in business equipment. Take the time to make sure that it is all marked with a security marker pen. Pay particular attention to small removable items, like laptop computers, calculators, fax machines.

Be aware that locks only slow down a thief. They don’t keep them out. Quality locks with substantial deadbolts will help. Pay attention to adequate lighting. Remember that thieves don’t like light, noise, dogs or anything which draws attention to the area in which they are trying to operate.

Take great care with your business keys. Have a key register and keep a record of who has what keys, the dates they were given out, and by whom. Before you use your key register, ensure that you have noted how many of each key there is. Don’t label them with addresses or specific information as to where they unlock. Instead, use a code only you know. Such as, O1, O2 – meaning office keys number one and two. Then if they are lost, and found by someone unscrupulous, the key will not lead them to your door.

New businesses tend to be more trusting of accepting checks because they are trying to build the business and want to attract customers. Crooks realize this. They thrive in these situations. Establish a firm procedure with which you are comfortable and believe is equable, then no matter what, stick with it. One exception to the rule may cost you dearly.

So no matter how busy you are, take some time to implement just some of these protection ideas. In the long run, you know it makes sense.

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