Friday, 31 May 2019
Wednesday, 29 May 2019
How to Find Business Partners to Increase Your Online Business Success
If you are a solopreneur - there's just you in your business - you will need help from other businesses of some kind. You'll need advertising materials, a website, a delivery system (depending on your niche) and so on.
Few people have the knowledge to perform all those services for themselves. The solution is to find providers for each specific niche that you need within the online B2B Marketplace.
You may need additional money for your business. There again, locating business partners through business networks is the solution.
Let us say you want to create an E-commerce store selling your hand-painted pottery. You could hire someone to build a custom-coded website for you (using a provider from such B2B Marketplace sites as Fiverr or Upwork (which has absorbed ODesk and Elance) and Guru.com.
Or you could partner with companies that offer "associate" programs in your niche. For example, you can create an e-commerce store on eBay, to sell anything you like from your own books to used books, tools, jewelry, sporting equipment and so on. You could also partner with Amazon.com, or BarnesandNoble.com.
Other global companies offer affiliate opportunities. Basically, they will pay you to create a business presence online in order to help them market their goods and services. How can you find these affiliate opportunities? Join a business networking site, and learn from those who already participate in such programs.
Using freelance marketplace portals to find talented individuals is one form of business partnering, but it is in an on-demand basis. You use these individuals only as you need them, and the portal that provides their services. Since freelancers work for a variety of people, they may not be available the next time you need them, so you have to find a new provider.
Finding business partners outside of these marketplace portals, that you can partner with officially, solves this difficulty.
For example, shipping costs from one country to another country can be prohibitive unless you "drop-ship", meaning you send your product to a partner in another country, and that company stores the product and sends it out as needed to people in-country who order the product.
People, or companies, who offer such services can be found on B2B Marketplace sites.
To find these B2B Marketplace sites, simply do a web search on that term. Then, simply search through the results to find a site that offers business services in your particular niche. A B2B Marketplace site is in essence a business network, and networking is the key to expanding your business into the global market.
Business partners located in different areas around the world can also help you advertise your business, in particular your e-commerce business and make it known throughout the world.
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Monday, 27 May 2019
Friday, 24 May 2019
Want to Be Rich? Forget Passion - Follow Money
What I'm about to say goes against almost every self-help book out there. It goes against what you've been told time and time again. And it might even go against your moral code.
Then again, if you want to be rich, you might want to consider where your 'moral code' came from. The advice everyone loves to trot out and display to anyone who will listen is, "Do what you love, the money will follow."
Hmmm... What if you love writing poetry? Or gardening? Or making baskets What if you love crochet? Or cats? Or hiking? Yes, you can make money in all of these niches. But... how much?
Making money and getting rich are two entirely different things. Making money is getting the bills paid and maybe being able to scrimp enough together to take an annual vacation. Getting rich is, well, getting RICH. Whatever that means to you - a 6 figure income, 7 figures in the bank, 8 figures in investments and real estate - you decide.
But guaranteed, you're not going to attain any of those levels of wealth if you're focused on the crochet niche. (Do you even know what crochet is? It's taking a hook and some yarn and making an afghan, sweater, scarf, etc. Enjoyable and relaxing, yes. Profitable, NO.)
Okay, so if the key to getting rich is to follow the money and not the passion, what exactly does that mean? It means you go where the money is. You find something that is highly profitable and focus on making those profits. You don't strive to be the best blogger or the best website builder or the best social media maven. You focus solely on where the money is and you do whatever it takes to make that money (staying 100% legal, of course).
We're talking about a mind shift here - a different way of viewing your business. If your focus is to be the best life coach, then you are a coach. But if your focus is to have the most profitable coaching business possible, then you are an entrepreneur. And as an entrepreneur, you're going to quickly realize you need to hire others to be the coaches while you find the clients. Then you'll put systems in place to get the clients while you focus on scaling, and so forth.
Notice that you are not a coach, you're an entrepreneur. You're not working IN your business, you're working ON your business. I know this difference might seem slight to the uninitiated. But if you look at anyone who has built a business to 7 figures or more, you will see that they set aside passions and followed the money.
They're not experts at the products and services their business delivers. They hire or outsource experts for that. They are experts at making their businesses big and profitable. That's entrepreneurship.
And what about those who go even further, building one successful business after another? They're focused on something even beyond money. Walter White, from the television show Breaking Bad, sums it up like this when talking to his partner Jessie...
"You asked me if I was in the meth business or the money business.
"Neither.
"I'm in the empire business."
But that's a step beyond. For right now, if you want to become rich, focus on where the money is and how best to deliver the stellar products or services that will bring that money to you by the truckloads. And by the way, if you're really, really passionate about crochet, or poetry, or gardening... you can do as much of it as you want once you build your wealth building business (or empire) and then sell it for megabucks.
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Wednesday, 22 May 2019
Monday, 20 May 2019
The More You Think About Money The More You Make
He who thinks consistently about a thing will usually tend to grow towards that thing, whether it be riches, poverty, love, hate or anything else under the sun. Have you ever noticed how when sometimes you are just thinking about somebody, they will call or send you a message. Or at times just when you are thinking about something that you need, that thing will show up? In the Jamaican culture, when one more people are talking about another person in a good or bad way and that person suddenly appears in front of you, it is now a common superstition that this person will live long. It is a common superstition which is a sign that this occurrence is far from rare.
This same idea holds true for the appearing of money. The more you begin to think about money, the more money will come your way. First you begin to think about gaining money, then you might consider how you don't have any money. Then you might begin to think about how you can gain more money. Then concrete plans begin to form in your mind about how you can gain money or somehow money may just come your way out of no where. This has happened to me countless times, and I mean thousands of dollars, or even a job. All when I have held a keen focus on money.
It is all logical, just think about it, if you sat down one evening and decided that you were going to make pancakes for breakfast, then the whole night, you envisioned the pancakes; you saw the pancakes in your imagination, you smelt the smell of the syrup and the butter on top of the pancakes and then you tasted the combination of the pancakes, melted butter and syrup in your mouth. The next morning when you go to the store there is a 99% chance that you will be picking up pancake mix at the store or before you even get to the store, you might just end up going for breakfast because you want pancakes as soon as possible. It is the same thing with money, if you decide to have it rest on your mind for a long period of time,rest assure you will soon amass more money.However, there is something more.
It was the great Henry Ford who once said " If one thinks they can't or thinks they can't, they're both probably right". What he meant is that the contents of your thoughts is what determines your reality, your thoughts are the tool that shapes your reality. So, just know it is not enough to just think about money you also need to think positively about money.
When you spend, don't think that it is your last, but instead think that there is much more to come in the near future. When you look at your account and don't see much there, close your eyes and envision that there will be much there soon. The idea is that you must have a good and upbeat relationship with this thing called money. Your connection to money must be positive no matter what the circumstance. You could be poor now, or from a broken home, it doesn't matter, when it comes to money and success period, let your thoughts of money be positive.
There is a story about two brothers whose father was a drunk. One of these boys grew up to be a drunk just like his father and the other grew up to be rich and successful with mansions, cars and land. When asked individually as to how they both reached their stations. In life, they both had the same answer but different perspectives. The drunkard said "my father was a drunk so I had no choice (to be a drunk)". The rich one said, "my father was a drunk so I had no choice (to be rich)".
This story just goes to show you that it is the contents of your mind; your thoughts which will determine your destiny, especially when it comes to money. The people who are the most positive about money, are the ones who gain the most of it. And if you will start to think positively about money today and be one of these people, you will find much more in your pockets in the near to distant future.
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