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Build a list of prospects and people who appreciate and trust you – this list of members of your tribe, with names and e-mail addresses, will represent the most valuable asset of your business. You will be able to promote proprietary products and services, as well as affiliate links to products owned by others that align with your message and mission. It is critical that you continuously nurture your list with valuable content, making the difference in their lives without charging them. They will appreciate you and will be prepared to reciprocate by purchasing products and services you recommend.
7. Reach for the greatest impact – social entrepreneurs are on a mission to transform the world, delivering a message through their products and services. We are being called to leverage the power of technology to reach the greatest possible number of people with our solutions to their problems. This is why as socially responsible business owners, we have no choice but to embrace technological advances, appreciating what is now possible because of social media tools such as Twitter, YouTube, and Facebook, and new platforms such as Skype, iPhones, mobile phone applications, teleconferencing, and online webinars.
8. Know and care for your customers – most entrepreneurs do not fully understand the problems and needs of their clients and prospects. A conscious e-marketer will invite prospects and clients to participate in surveys that will reveal exactly what they need and want. Your list can then be segmented wisely, and products and services can be tailored to the needs and wants of that specific segment of your list. We recommend www.mysurveyexpert.com as a great resource for your surveys.
9. Attraction Marketing – when you are clear about your message and become an authority who people respect, you will attract those who are seeking your message. You will become a magnetic force and ideal clients will find and appreciate you.
10. Become an authority in whatever your passion, vision, and mission may be. Commit to learning about yourself and about your products and services. Take courses, read books, review websites, attend live meetings, join communities, forums, and groups of like-minded persons. In conclusion, you are your greatest asset, and thus you need to grow and learn every day. The more you know about yourself and your business, the more profitable your business will become and the greater the social impact you will make in the world.
Roger Hamilton is the founder of the Wealth Dynamics System & also the co founder of XL Nation. He is an author, educator and a successful entrepreneur in many arenas. His vast experience and extensive research made him design the world’s most calibrated self testing methodology -The Wealth Dynamics System-. Over the years this has analyzed and molded thousand of entrepreneurs.
According to its founder, self awareness is the first step towards attaining the path of creating wealth. The nub of his expertise system comprises of eight simple profiles such as the creator, the trader, the star, the supporter, the deal maker, the accumulator, the mechanic and the Lord. These are the comprehensive eight different paths to create wealth. .
To begin with, one has to undergo the Wealth Dynamics Test and find out the profile that suits him the most. This methodology is successfully tested and proven over millions of people who are now eminent entrepreneurs. These people are from all ends of the world thus making Roger Hamilton the most sought after person. He has traveled to many countries and has conveyed the importance of effective wealth creation. People wait for him to conduct seminars and workshops as they have been a life changing moment for many people who have made a rod for their own back!
Roger Hamilton is renowned not just for his entrepreneurial activities, but also for his social deeds. He is the co founder of the XL Group which was started in the year 2002. The idea of this was to create a huge connectivity among social entrepreneurs all over the world. The intentions were clearly planned and executed; hence it is the first and biggest network of entrepreneurs in the world. His goals were always high and this led him to initiate the concept of building a nation for all without boundaries. It is XL Nation founded in the year 2009 which works closely toward the United Nations millennium’s goals of ending poverty and safe guarding the environment.
Born in Hong Kong, he was educated from Cambridge University and Trinity College. Success does not come without biting the dust and Roger Hamilton wasn’t an exception to this. After a rough patch of continuous failures during his initial days, he found all the right boxes to tick and succeeded. But as he went on to make his failures as lessons for attaining success to millions, he stands head and shoulders above the rest!
For more information regarding Roger Hamilton, please visit Rogerhamilton.co
A person with his own business enjoys more financial independence and greater control on his financial status. But to succeed in any venture, it is important for anyone to visualize first his goals, business structure to follow, and other related details before proceeding to his business. Three Basic Types of Business Entities
The first thing an entrepreneur should decide is what type of business entity he wants to adopt before he starts the application for Singapore business registration.
Is it sole proprietorship in which he would be the only owner and will enjoy full control? Is it partnership in which he can have up to 20 business partners which means more funding? Or is it private limited company (or corporation) in which his business will enjoy perpetual existence while his personal assets are protected from the debts and losses of his company?
Every business entity has its own pros and cons which must be greatly considered. However, most experts agree that a private limited company is the most ideal for entrepreneurs with a long-term goal for their business as this setup will allow them to enjoy protection of asset, attractive corporate incentives, and other benefits.
The Products and Services
Bonafide entrepreneurs have always associated their products and services to their target-market so they can estimate the amount of capital they will need, equipment and materials to be purchased, and the level of quality they should offer.
Meanwhile, these questions can guide budding entrepreneurs on deciding on what products or services they should offer: What are my niche skills and interests that can generate profit? What is the estimated profit of my product? Can it be easily sold? It is easy to produce? Does it have an existing target-market?
Competitive and Market Analysis
One of the most important things any entrepreneurs should do is examine the business environment which includes the existing competition, different types of consumers, media, social norms, and other factors which can have a direct and indirect impact on their business.
When conducting competitive analysis, most experts agree that these four factors should be the main focus of entrepreneurs: who are the direct and indirect competitors, the specific market of competitors, the number of years they have been operating, and how do they attract their target-market.
Operations of a Business
Operations usually include the location, how many employees a certain business will need, the equipment, machinery, suppliers, materials, ways to track inventory and sales, and other related-issues.
If you are ready to make a change in yourself and start being an entrepreneur success the change has to first take place from you. A positive mental attitude and the desire to take action are critical success factors for your entrepreneur success.
What separates an entrepreneur success and someone who wishes to be a success? Why does one person make something work and another just let it go?
The difference is that the successful entrepreneur expects that whatever they do and devote themselves to will work out. They have a positive attitude. Their expectations are geared to the inevitable success that they will have, and they will do what they need to do so that their venture will succeed. The unsuccessful hopefuls dream of success and hope that something will happen to them so that success is given to them. Success never lands on our feet without us doing something for its achievement.
If you see an opportunity you have to embrace it and take the nessesary action. There is a law of give and receive that says you first have to give before you can expect to recieve, you have to plant your seeds before you can get the benefits.
What we all encounter in the world is a reflection of all that we put out with our thoughts. If you give a poor attitude and expect nothing to work out then that will be your experience, and if your attitude is of great expectation and positive to others then your experience becomes very different.
It is your attitude lets us encounter what we call luck breaks. Lucky breaks are simply a process of favorable events and discoveries that have opened up to us. By getting the right attitude that enables us to see them more and act on them more.
Whatever is in your mind you will translate into your physical reality, whether you have great expectations or none at all, whatever you think about will be true for you. Put your mind to work on what you really want and not what you don’t want, focus on what you want to be and not what you don’t want to be.
It is your attitude that will form your future when you start your business, whatever it is. You need to understand what business you would love to do, and what your plan is, but it is you that will take you to entrepreneur success.
One of the great aspects of having an online business is supposed to be that you can work from home, make your own hours, work in your PJ’s and build a business of your dreams while enjoying your leisure, your family, your life. Right?
SCREECH! What happened, then?
Are you afraid to get started?
Are you avoiding the things that you know will push you to the next step?
Are you stuck behind your computer, alone and overwhelmed?
Are you getting lost in cyber space, surfing and not building?
Are you avoiding engaging in activity, often not leaving your home office for a day or two…
… and leisure, what’s that?
I call it the Online Entrepreneur Rut. This rut can leave you feeling down, lacking energy, lost, alone, and have you questioning your reasons for wanting to start this business in the first place.
Here are Some Simple Ways to Ensure Success:
Reach out to build or find your community, your village, your tribe.Networking both online and offline is a vital an important part of your growth.
Surround yourself with the support of others that you can share successes with. It can be challenging to get out there and share your frustrations with another. However, most often, the case is that the person you are speaking to is currently or has had a similar situation, and ill be glad to give you thoughts and ideas based on their experience.
Step away from it all. Really, shut down the computer, turn off the technology and get away from it all. Try going for a workout, walk in nature, listen your music to get your creative juices flowing and your energy soaring.
Do something to re-connect to your inner dreams and goals. Do you meditate, read, journal? What will help you be re-inspired and remember why you began this journey to start with?
Attend various networking meetings, business trainings, weekend events. Building relationships is key to success. Enjoy a few in person meetings over coffee for a much needed break.
Call on people you trust to bounce off ideas, frustrations, and fears. I love the Buddy – System! Work with your friends and colleagues to keep accountability and get trusted feedback.
Check in with your Coach or Mentor. Working with a coach will catapult your progress. If you don’t have one, consider doing so.
These efforts can help make your experience as an Online Entrepreneur a rich, fulfilled and satisfying one. You may have an opportunity to gain vast knowledge, feedback, and creative ideas. These key ingredients assist your business to flourish more quickly and smoothly. In my six years full-time with my online business, I’ve used these methods to build some wonderful relationships and alliances with experts that are just plain good people. I am now grateful to have trusted colleagues and to call many of them my friends.
Go ahead, give it a few of them a try. You are likely to feel much better after you do.
By making a clear visualization of what you want achieve, you start to make the whole progression of building a successful online business easier. If you focus on the next 100 days, and do the 100 day challenge, those 100 days could be important to your future, by the actions you take today and each day over the next 100 days. Bold positive action creates bold results, take the challenge and build your entrepreneur success.
Here are 6 key steps for you to take today to get yourself going in the right direction and then begin your 100 day challenge.
1. Select your online business system. Are you building from the start or maybe you want an online business presence for your existing business or MLM company? There are a few high-quality systems out there, but some are better for some types of business more than others.
2. Decide on your main product. There are several options you can take with your main selling program, even if you have a business you may want to incorporate something else along side with it. Once you are set up and ready to market your main primary program it will make the difference to your online success and can significantly increase your income.
3. Create traffic flow. The most essential ingredient of online business is making traffic flow to your site. No visitors equals no business. There are several ways that you can do this and from within your system you need to choose the best way for you. Ask the team that you join as to what they advocate for you based on your position and the time you have available.
4. Set your targets. Goal setting is essential, set your goals and targets and set them on a daily action plan basis. Having monthly aims and no means of daily monitoring them will hinder your progress.
5. Work on you. As you build your business work on your mindset as well. Individual development is one of the key entrepreneur success factors.
6. Action. Getting a system, main programs, and goals will represent nothing unless you take action on your set plan. The 100 day challenge is all about taking action every day over the next 100 days. In that way you will not only build your business, but you will also set a new practice, a habit of taking consistent daily action for your online business. It is one of the entrepreneur success factors that make the difference, so take the challenge to yourself, take the 100 day challenge.
There are many ways to make money from home putting in as many hours as you want while getting to stay home with your family. You can become a mom entrepreneur in no time.
Most women need more flexibility than what they typically get in the regular workplace. You often cannot plan for your child being sick or getting out of school early and it is stressful to have to quickly find someone reliable to pick them up and drop them off on days like that.
Many moms worry about their kids walking home from school alone and would prefer to pick them up and take them home. They also wonder if their kids are safe once they reach the house as they will not be home with their kids until the evening.
It is quite a conundrum as most moms do not work because they want to but because they have to. If this is you, how would you feel if you found out you would not have to stress over such problems anymore?
There are clearly many reasons to start a home business. Getting started can be difficult though. In order to do so you need to stop and ask yourself two simple questions: What are your interests? What are you good at? If the answer to both these questions is the same then you have an advantage as you can create, sell, or teach something that you are great at and love. This makes things easy. There are a plenitude of options available that many a mom entrepreneur usually likes.
If you enjoy working with kids, you can either have a daycare in your house, or become a tutor. Either job would likely help out mothers who are not lucky enough to be home with their kids everyday. You remember what that is like, don’t you?
Or you may want to take advantage of the internet. With outstanding products and superior services you could incorporate yourself into a simple and duplicatable online marketing system that automates most of your business tasks for you. Such systems have been developed specifically for the young business women, but you just have to know how to locate such opportunities.
For startup costs usually around a few hundred dollars, you could be well on your way to securing your slice of the abundant internet pie. Be imaginative when deciding which business to begin; make a list of your interests and skills to help you get started.
Entrepreneur Facilitation Center & Development “This Incubation Park suits to IT / ITES /SERVICES SECTOR Technology Based startup, service concept based startup and any other concept / idea which required an office space to start and run the day to day operation”. We at EFC India, support the young budding entrepreneur with complete guidance on their idea or business plan, provide them with all necessary required things like office space, equipments , office, machines & fixture, manpower hunting , sanctioning loan , legal documentations etc. every bit of thing required to start their own business. EFC India is an Entrepreneur Park, where the ideas get converted into reality and fruitful business. We with our team of experts transfer knowledge and skills, help you with all new technology and market support , provide complete training on modernization and expansion of business to enhance the quality and productivity of your business. All you need generate a great idea of business and we help you shape it into reality! -WHAT WE PROVIDE-
You can send your business plan to
You business plan should not be more than 7 – 10 pages and should crisply cover the following aspects –
1. Introduction of you , your team & business that you want to start. 2.Your Target Customer Your Business Plan & Projection – business model innovation that differentiates you Your revenue model / Earnings – how will you make money, pricing etc. 3.Sales and Marketing Strategy – how do you plan to spread the word around about your solution, how would you sell it? 4. Management Team – Who are the main team members and advisors. 5. Financial projections – What are your cash-flow projections – expenses and revenues? How much money do you need to raise as investment? 6. When would you start breaking even operationally? Approx. Amount of Investment requirement ? 7. Team size / No. of people you will hire.
send your business plan to
Stop, Collaborate and Engage Small Business Communication Tools for Entrepreneurs to Navigate the Social Media Seas
Oldies but goodies…
The social media landscape has significantly changed the face of small business communication, but it does not mean previous technologies have been rendered useless. “Old” technologies, such as e-mail newsletters, instant messaging and message boards are still active and can still increase productivity (and sales!). Many entrepreneurs already have a strong understanding of these technologies and have probably used them in the past. Consider dusting off that old e-mail newsletter you belong to – you know, the one you haven’t read in 2 years – or do a quick search of what message boards are out there. You may be reminded of and surprised at how useful these seemingly out-of-date services can be.
Some you’ve probably heard of, but may not know the full power of…
LinkedIn has become the platform for business-focused social networking. By setting up a LinkedIn profile, users are able to post their work history and professional profiles for others to see. This tool presents opportunities for generating new business, reconnecting with old colleagues, and finding a job.
While many business users may have a LinkedIn profile, they may overlook the other small business communication tools LinkedIn provides. For example, LinkedIn Groups are a simple way to create an online forum where customers, prospects and industry insiders can exchange ideas. Similar to an e-mail newsletter, the Group allows invited LinkedIn users to interact with one another and for a company to communicate key messages. With some simple work on the front-end to get the group moving, an entrepreneur can then take a back-seat to let the patients run the asylum – while still maintaining his or her position as the group leader.
A wiki (rhymes with tricky) is a website that allows users to edit the content that is posted on the page; the trick to wikis is ensuring the edits are accurate. Wikipedia, for example, is an editable online encyclopedia in which users can edit the content. The reason the information remains accurate is Wikipedia has designated individuals to monitor updates.
From a business perspective, a wiki is a great small business communication tool for companies with geographically distributed offices or teams. Users can post a document or other materials on an internal wiki and allow a group to review and edit the material in one place. Beyond the team collaboration, the wiki also helps with “version control,” a problem that occurs when some users do not have the most up-to-date version of a document. Microsoft’s SharePoint offers companies the ability to make internal wikis, as well as discussion boards.
Some small business communication tools you may not have heard of…
Yammer is an enterprise microblogging service – think of it as Twitter for internal business communication. The service allows businesses to create their own internal communication channel and limit use to those who have a valid company e-mail address.
The Internet brought a radical change in the way we do everything. It has made the world smaller, and has brought people closer together through high speed connection. In fact, the Internet has made us realize that we now live in a global community and that everything we do affects the world around us.
The Internet not only changed the way we live, but it has changed entrepreneurs’ home businesses too.
Due to the fact that the Internet has brought the world closer together,every business has the potential for a global market. That means that the Internet has made it possible for entrepreneurs’ home businesses to have customers far away from home.
In the past “home business” meant that an entrepreneur would have to get customers from his or her immediate community. Your market was limited,but now you can get your enterprise out of the house and into the world.
No wonder that the big companies of today had to work hard in order to get out of their homes. Many of the today’s big corporations often started as home-based business.
Many entrepreneurs actually take their business to the Internet,because the Internet helps people shorten the time they have to wait until their business gets off the ground. It helps entrepreneurs’ home businesses get the push it needs to provide a global market. The Internet actually allows you to have the whole world as a target.
More and more people are opening up on-line businesses because of the simple fact that they get to make money easier this way. Today’s entrepreneurs’ home businesses actually mean that the lucky businessmen actually get to stay at home while they make their cash, because of the Internet.
Keep in mind that entrepreneurs are the richest people in the world. Professionals, lawyers, doctors, may make a lot of money, executives may have big salaries, but entrepreneurs pay these people for their services. So who do you think is really at the top of the chain?
With the Internet, you can have all the information you need at your fingertips. This means that you virtually have the whole world at the palm of your hand.
Entrepreneurs now have access to every piece of information that can affect their business. We all know how attentive one must be of things that one cannot control. The market is a very unpredictable factor in business, with people changing their preferences all the time. Through the Internet, one can be prepared for any possible events.
A simple search on the Internet allows you to take a closer look at competition. What sets those businesses apart? What is the competition’s weakness? How can you get ahead in the market?
Because the Internet also allows you access to people, you can get expert advice quickly, therefore you can reach important contacts and make business decisions faster. Entrepreneurs’ home businesses prosper because the Internet allows these businesses to have the best of help.