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Showing posts with label experience. Show all posts
Showing posts with label experience. Show all posts

Friday, August 8, 2014

How to invest now for future profits

Subject: How to invest now for future profits
From: John Dilbeck
NORTH CAROLINA USA

I've owned several businesses over the last 30 years, and I've learned what it takes to build a business that earns a profit. So, I understand that I have to invest work, time, and money now in order to get a future, larger return. It doesn't always work, but I've been successful more often than not.

That said, I think it is unrealistic to expect someone with no knowledge of marketing, advertising, and building a business to "get" the SFI opportunity quickly. A great resource for these new business owners (or experienced business owners, for that matter) is Cashflow Quadrant, by Robert Kiyosaki. It helped me.

When I read it a couple of years ago, I started understanding the huge differences between the left side of Kiyosaki's quadrant (employee and self-employed) and the right side of the quadrant (business owner and investor).
Employees and self-employed people trade time for money on a more or less static ratio that only changes if they get a raise, charge more per hour or per project, or find a way to reduce expenses. If you work, you earn a certain amount, generally several dollars per hour.

On the other hand, business owners and investors learn how to concentrate their efforts and money up front, receiving a larger return in the future as their investments are leveraged and compounded.
For example, as the owner of a marketing business run almost entirely online, I'm earning money for things I did last week, last month, and even several years ago, because I invested the time, effort, and money over time in the past. As a result, today I have several income streams that provide 100% of my income, letting me work from a cabin in the mountains about 100 miles from the nearest traffic jam. I really do earn while I sleep!

The patience required to keep building and looking for potential comes from my experience of building and owning past businesses and watching, over time, as my income from my marketing business continues to grow. Without that experience and an ever-changing mindset, I would have bailed out a long time ago because I didn't see the big picture and couldn't understand the potential.

As SFI sponsors, our challenge is to find a way to pass along some of this knowledge and experience to our affiliates who have a dream of building a home business but lack the knowledge and skills to make it happen—joining SFI and promoting TripleClicks comes darn close.

You also have to have faith and hope that your efforts will be rewarded. I decided that my marketing business won't fail. It has to succeed because that is the only outcome I will accept. That gives me the fortitude to weather problems and find ways around obstacles that would have otherwise defeated me several times over the last few years. In fact, I now earn more in one month than I did in my first two years, and it continues to grow. There are occasional downturns and some really horrible months now and then, but overall, the trend is upward.

Most importantly: act on your dream, and pass your enthusiasm on to others! Try it now, the link is at the top or bottom of this blog as a banner.

Thursday, June 5, 2014

The Benefits of Outsourcing Article Writing

The Benefits of Outsourcing Article Writing: Have you recently learned that you can outsource articles to professional writers? If so, you may be wondering if this is an opportunity that you should try. So, is it? Yes. One of the many benefits to outsourcing your articles is that you can make money on articles you didn't even write. What could be better than making money when you, essentially, have to do nothing? Whether you just don't want to do the work or if you are pressed for time, outsource your work. In the end, you will be glad that you did. Another benefit to outsourcing your article writing is that it is easy to do. There are hundreds, if not thousands, of freelance writers looking to make money online. This means that you should have a number of quality writers to choose from. Many of those writers also charge affordable rates. Perhaps, the greatest benefit to outsourcing your articles is the freedom that you have. You are in control. You have the freedom to make as much money as you want. You also have the freedom to decide how you want to make money with those articles. As for how much money you can make, limit your expenses. You want to pay for quality articles, but don't pay too much for them. The less you pay for outsourced work, the bigger profits you will have. However, remember quality. A quality article is worth paying a few more dollars for. As for how you can make money, you may be surprised how many options you have. You can turn a series of outsourced articles into an eBook to sell. You can outright sell articles to other webmasters for a profit. They can be added to third party revenue sharing websites. They can also be used to generate traffic for a website or a blog that makes money through affiliate programs or the selling of a product. Despite the fact there are a number of benefits to outsourcing articles, there are some downsides too. These downsides can easily be negated into benefits though. One problem you may run into is not getting what you wanted. Did you want your article writer to take a different approach or cover different points? This can be fixed in the future by outlining your specific wants and needs. Not only give your writer a topic to write five articles on, but give them five specific article titles to write. When you outsource article writing projects to someone else, you are putting a lot of trust and faith into that individual. Unfortunately, some will take advantage of that. All professional and experienced writers will generate new, fresh, and unique content for you. This means that your article will not be published online in the past or in the future. On the other hand, some will simply just copy an article online and try to submit it as their own. This can be damaging to your own career and professional name. If you opt to outsource your article writing projects, always request to see sample articles first. This allows you to gauge the writing of the professional in question. Do they meet or exceed your expectations? Before processing payment, always check for uniqueness. Never play for work that was simply just copied from another website.