Keys to Success

Be Passionate!

When the most successful business owners are asked what is the most important reason for their success a vast majority of them say it comes down to passion. It is passion that helps them work through the dip of the slow growth to success. There will be good days, there will be bad days but in the end it will be their passion that will keep them in the game.

Life's always forward! But the classic example of being passionate is still valuable about successful story of Colonel Sanders and KFC. The story goes that Sanders had the idea that a fried chicken franchise restaurant would work. With nothing more then the idea of KFC he went forth and knocked on 1000’s and 1000’s of investors doors. Many of them laughed him right out of the office. Instead of giving up after the first 1000, Sanders passion drove him to keep going. Eventually he found the right investor and today as I’m sure everyone knows KFC is the leader in fast food fried chicken.

Are you passionate at what you do right now?
If you are not then perhaps you should look into yourself and find something you are passionate about. Then start to think of how you can form a future business around it.

What do you think? Think and grow Rich! What you think, so you will become!

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Wish you all success

Probable You consent with me that the best way to become cash freedom is Build Our Own Automatic Money Machine! OK?

Why DON'T YOU Make $$$ from YOUR BLOG

1) Cost-Per-Click (CPC) Advertising Programs

CPC advertising programs are the best money making programs for most of the bloggers. They are suitable to all kind of blogs with family-friendly content regardless of their traffic level and age. CPC programs work well on blog because they display contextual ads that are highly relevant to blogs content and bloggers will earn anywhere between 10 cents to 50 cents for each contextual ads click by their visitors. With proper CPC ads optimization and consistent amount of traffic, a blogger can earn a steady amount of money displaying CPC ads on his/her blog. Google AdSense is no doubt, the undisputed king of CPC advertising programs and Yahoo Publisher Network is the closest alternative of AdSense.

2) Cost-Per-Action (CPA) Advertising Programs

CPA programs is quite similar to CPC programs except CPA programs don't pay bloggers for each click on the CPA ads hosted by bloggers. The blogger only makes money when the visitor takes an action on the CPA advertiser website. The action can be a sign up, making a purchase, generating a lead, downloading a product and more. CPA networks pay a lot more than CPC programs, for a visitor sent by the blogger from his/her blog to a CPA advertiser website and the visitor taken an action on the advertiser site, the blogger can earn few dollar to fifty dollar depend on the niche. But CPA ads tend to work well on large traffic blogs only. AzoogleAds.com, Commission Junction and Advertising.com are some of the largest CPA networks.

3) Promote Affiliate Programs

Marketing affiliate programs is very common nowadays. You sign up with affiliate program of an online company, then decide whether to use the company's text link or banner ads on your blog to promote the company's products or services and earn affiliate commission when a visitor make a purchase through your affiliate link. Affiliate programs can be promoted without a website and blog too.

4) Pay Per Post Programs

Pay per post programs started last year. The programs pay bloggers to write a blog post about a sponsor's website. The paid blog post can be a review or an introduction on the advertiser's website, products or services. The blogger will be paid a least $5 for each sponsor post. Blogs that have massive traffic, high Google PR and large number of subscribers can charge a few hundred dollar for just writing one sponsor post. Here's are the two most popular Pay per post networks that offer this type of earning opportunities: www.reviewme.com, www.payperpost.com...

The downside of pay per post is that writing too many sponsor posts that are not relevant to your blog content can seriously affect your traffic.

5) Sell Text Link Ads

Selling text links on your blog can be a great source of additional online revenue. It is not difficult to get started, just go to Text-link-ads.com to sign up an account, then decide which part of your pages you want to display paid text links, set your price and you are ready to take order. Text-link-ads.com will handle all the promotional works. Another company that offers the similar services as Text-link-ads.com is Reverselinks.com

6) Hosting Web Poll

Vizu Answer offers a pretty new way to monetize your blog's and website's traffic. The pays the publishers on a cost-per-thousand impression (CPM) basis for hosting targeted web poll. The money a blogger can earn from hosting poll is depending on the page views. The more page views, the higher the earning.

You're making money online from which ways?
The best or the easiest!

Work Your Home Based Business Idea in Three Easy Steps

Create a Business Plan first

The primary necessity is to get a perfectly designed plan of action for a genuine business. A business plan on its own is useless. It is a mere reflection, but it will not suffice you also need an action plan. A business scheme is the first step in working out your idea into actions that you can follow. Well-illustrated business plans can be found online or at your library.

Begin now

• Do not be afraid of failure. Remember failure is the first stepping stone to success, if this home based business idea does not work out for you now do not let this deter you. Always remind yourself of the spider when you feel like losing hope.

• Do not let that wonderful home-based business idea gather dust. Start today.

• Waiting for the right time to start your business might make success elude you forever. If there is any specific right time, it is right now. Do not waste your precious time.

• Put a figure on it
This is the greatest stumbling block for most home-based business owners. That is, they fail to evaluate their work. If you do not give proper attention to this, you may have to wrap up your business. You need to know that real figures and numbers are needed for you to stay in business. If this is not your agenda of work, you are probably going all wrong.

Large businesses usually set up balanced scorecards. The idea is to have a referring point to compare how successful your work is. For example, to get five customers in one month you could settle on free seminars but if you see that your plan is not getting you five clients, you need to reassess your plan. Change of plan prevents waste of energy and resources.

About the author: Jan Heering for a successful home based business.

I want to preserve original copy you looked up pass off and judge because present on Internet there is overmuch tips to make money online that I myself can not judge them good or not good, true or not true. Thanks for your visiting!

How to Start Your Home Based Business and Quit Your Day Job

Ever dream of leaving that daily commute, nagging boss, and finding your freedom in running your own home based business? Can’t wait until the day you can walk out the door and work at home? Well, the key is finding the right home based business that will allow your dream to become a reality, and quickly.

No one wants to feel forced to stay in a job they do not like. If you already have a part time home based business that you believe can make you enough money, go for it. However, if you have no idea what to do in your business, then you first want to find a home based business that will pay you a continuous residual income on a monthly basis. This way you do not have to stress about selling enough to live on each month.

You will also want to find a consumable product for your home based business. Some of the most lucrative businesses are those in which the consumer needs to replenish a supply of it on a monthly basis. This way you only have to build a small base of repeat consumers, and you don’t have to work so hard to build a new consumer base.

Also, you will want to find a product that is easy to market. Complicated products are hard to sell, because consumers don’t want to think that hard about what they are going to purchase. Make sure that the service or product your home based business is selling is not only simple to understand but reliable and easy to use. People want to buy a product that will work on a regular basis. Create a great reputation for your home based business by choosing a quality product.

Selling an exclusive product or service is key to making money in your home based business. If it cannot be found anywhere else, you’ve found your niche. Make sure your clients feel like they just have to get the product or service from you. Many companies start up and sell a product that people can find almost everywhere. Find your uniqueness in your home based business product and use it to your advantage.

Hard work and a great product are two components that spell success for the home based business owner. One without the owner makes success very difficult. Find your niche. Then sooner than later you’ll be able to put in your notice and find your financial freedom in your home based business.

About the author: Charles Fuchs who specializes in helping people start their very own Home Based Business.

Exposing The Myth Of The Free Home Business

Here is some feedback I recently received from one of my home business advice newsletter readers:

"I have joined a lot of free home businesses and have made no money. I am determined to succeed at this internet thing, but I need help. I'm not going to spend money on this and waste it. Do you know where I can get a simple step by step FREE manual so I can start my home business?"

And here is the advice I gave Jeff...

Have you spent months, maybe even years, looking for a way to make a living from home on the internet? If you are only considering what is commonly referred to as a "free home business", you are likely to be looking for a long time to come. You can avoid wasting more time and effort by understanding the realities of running an internet home business.

The mentality of getting something for nothing will put an end to any dreams of working for yourself you may have. So will the need for immediate gratification. By keeping these thoughts out of your mind, you greatly increase your chances of running a successful internet home business well into the future.

Let's start out by looking at the idea of a free home business. This would be a home business that you could start and run without spending a dime. You see many different kinds of businesses every day, both internet web sites and real world businesses in your neighborhood. Can you think of just one real business that can be started with no investment and requires no money to operate? You can't because there aren't any.

And spending months of your personal time to set up and run even the most basic small business (that may or may not make any sales) is still costing you money. Yes, your time is a valuable asset that does have monetary value, just as it does when you spend it working for someone else. The fact is that you cannot replace the time you have already used. But you can make more money. You cannot make more time.

If you are not willing to spend money to start and build your home business, you are involved with a hobby, not a business. It is possible to start and build an internet home business using low cost tools and resources, in case you don't have $100,000 lying around. It is also possible to use many no cost resources in your home business that will save you tons of money. But when it comes right down to it, you have to be willing to take on some risk if you want a real business of your own. You have to assume the risk of (wisely) spending money to build your business. There is no way around it.

Here is a getting started manual (free) like the one you asked about

Establishing priorities for your personal and business spending habits is your first important task. This will allow you to treat your internet home business like a business, not a hobby. Since your initial cash flow may be small, your initial growth will be slower. But having your internet home business started and running is essential. You can't grow a business that doesn't exist. If you can then delay your gratification by putting most of your revenue back into the business, your business will slowly grow into a profitable money maker.

By delaying gratification, you are demonstrating that you can focus on the big picture, your long term future. This is an essential small business mindset that will allow you to eventually get what you want. Any money you spend on advertising your product or service should be focused on the long term, too. That means focusing on building mailing lists of targeted prospects, either email lists or direct mail lists (both is better!).

You will still end up making some sales along the way, but over time you will have created a much more valuable long term business asset. Future repeated contact with your email and direct mail lists will cost you very little, practically nothing. And the relationships you build through regular contact will make you many customers and sales long into the future at near zero overhead.

So go ahead and start a real internet home business, but stay away from any "free home businesses" (masquerading as real businesses) that won't build real long term worth. You will save yourself a lot of grief, and you will end up actually getting what you want out of life.

About the author: Ken Leonard Jr. can help you start an Internet Home Business in just a few weeks.

The Perfect Home Business For Moms!

The important role that women play as a wife and mother at home can not be overemphasized. They organize home life to ensure things run smoothly. From cleaning the home, making the meals, taking care of the children, and running a host of other important errands and tasks. For a wife and mother who works outside the home these tasks can take on the organization skills of Super Woman. And, while some women are content to take on the daunting challenges of career woman, wife and mother, others would prefer to work at home.

Looking for a work at home business can be a task in itself. We often need to search through several opportunities before we settle on one that has possibilities and appeals to us. One Work at Home Business that has worked out very well for me is eBay. eBay recently reported $14.87 billion in annual merchandise sales with over 100 million members. 400,000 of these are making their living from eBay. Why? Because a Work at Home Business using eBay is so easy to operate and maintain.

Since technology has become much simpler over recent years, learning curves have become less severe than they once were This has made operating a computer easier than ever. With this, people have been flocking to the Internet and eBay to create a Business of their own. The main draw of working online is that you can Work at Home. No long commutes to work. No 9 to 5 either, your hours can be flexible so you can still enjoy time with your family.

eBay lends it self perfectly as a Work At Home Business. There are no special skills required other than the confidence that you can be successful with an online business regardless of your business, computer or Internet experience and skills. What skills? you ask. Well, just very basic skills. The ability to surf the web, read and send emails, create auction pages (webpages) and upload them. And most importantly and ability to learn and the want to succeed.

The easiest way to start your Online Auction Business would be to use Dropshippers. The great thing about Dropshipping, as outlined in my book "eBay Marketing Wholesale SourcePak", is that it will allow you to operate a Home Based Business as an Internet Marketer with out ever worrying about storage of inventory, packaging of inventory, or even shipping of that inventory. The Dropship supplier will look after all of that for you. And even greater still is the fact that your auction business will cost you very little to get started The fact is, most Dropshippers charge you nothing to become a member to sell their products. While others may charge just a nominal administration fee. Plus, you
can list your item on eBay for approximately .35 cents. So, as you can see your eBay Auction Business will cost you very little to get started. With such a low financial risk the only thing you have to lose is a bit of your time.

How does one put together eBay and Dropshipping? It's really very simple. First, browse eBay to see what kind of product(s) you would like to sell. Then sign up as a member with eBay. Once you have decided on a product(s),locate a Dropshipper for that product(s). Sign up with that Dropshipper and then place an auction on eBay for the item.. Once your auction is over and you have a buyer for the product email your Dropshipper the required information. The Dropshipper will ship the product directly to your customer as though it came from you. Then the Dropshipper will charge your account the wholesale price for that product. The difference between the wholesale price and your retail price is pure profit!

To run a successful eBay Business you will need to sell what the public wants to buy. Always research any product before you decide to sell it. Make sure it is popular and you can get it at a great price. If you have something worth selling, you are bound to find someone on eBay who wants to buy it..

About the author: Joe Clare is an active Netpreneur and eBayer! He is the author of numerous articles on how to make money online and be successful on eBay!

Fast-Track Your Home Business Success
Using One Simple Word

A common characteristic shared by successful home business owners is the steadfast, almost fanatical way in which they guard their time.

Large corporations and businesses hire people and spread the responsibilities, and although I highly urge you to leverage your time by surrounding yourself with people who will take care of lower return activities, there is still no escaping the many interruptions and distractions that are a part of home business life.
People who play at the top of their game whether in business, sport or life, have learned how to either eliminate or reduce distractions by mastering the use of one simple word ... "No."

The inability and fear around using these two little letters has caused more home business failures, tears, stress, frustration and relationship troubles than any other.

And although many new home business owners insist their greatest weaknesses are lack of marketing and sales skills, the biggest obstacle that is blocking their ability to develop these skills is the fact they are not saying no to time-robbing activities so they can focus on building and growing.

Lack of time is the number one challenge every one of my clients brings to the table when we begin working together.
Learn to say "no" to doing everything yourself.

Oftentimes I'll hear, "But I'm in start-up, I have to guard my spending" and I respond with, "You can't save yourself into profitability. You have to focus on making money."

This mental block will never allow you to grow, especially at an accelerated rate.

Low pay-off activities can be delegated, bartered, given to volunteers, students and family members. Do some creative brainstorming with your coach, mastermind group or trusted colleague.

Learn to say "no" to the demands of daily living.

How many times have you said "yes" to the following even though you either didn't want to or knew it would take you away from your own priorities?

* taking care of your neighbor's kids after school because she had a hair appointment
* volunteering to cover the refreshments table at your child's high school dance
* loaning out equipment or items you know you won't get back unless you ask for them several times
* agreeing to listen to your friend rant for the third time this week about how his wife is trying to ruin him in a nasty divorce battle
* taking your mom to visit her friend across town every week because your brother and sister are too busy
* making Johnny and Sally's beds because they have to rush to school in the morning and don't have time
* going to every birthday and holiday dinner a family member hosts
* reading every single e-mail and taking every single call that comes in...

By not saying "no" to the hundreds of non-critical demands that are placed on you every month, you will not create the business success or freedom you want and deserve.

The two biggest obstacles in mastering the skill of saying "no" are fear and guilt. Fear that you will be loved less or rejected and feeling guilty that you may have hurt someone's feelings.

Saying "no" doesn't have to hurt anyone or cause you to be rejected and the way you deliver the message can make all the difference for you.

To refuse a request be honest and assertive in your reply by stating, "I'm sorry, however I have to turn down your offer/request at this time because I've been so busy with obligations, I've neglected my own priorities and have to give them my attention right now."

If others get angry with you or try to make you feel guilty for wanting to give yourself the attention you deserve, it's time to decide whether or not they're the kind of people you want in your life.

Start small. Build your "no" muscle slow and easy and work your way up to the larger demands. Like any skill, you can develop it and once you become a master, you'll enjoy quantum leaps in your happiness levels and business success.

About the author: Laurie Hayes - The HBB Source

Why Home Businesses Fail

With more than 50% of home businesses failing within the first three years of operation, you may be wondering why you started home based business at all. For many people working from home is cost effective and allows them to spend time with their family. If you want to start a home business make sure you fully understand why so many businesses fail so you can avoid these pitfalls.

Many entrepreneurs who have a good idea are not business people. However there are certain business practices that you need to understand in order to run a home business successfully. You need to think about growth, marketing, and a variety of other business issues. Running a successful home business depends not only on a good idea but also on understanding and implementing business practices.

Problem #1: No Plan of Action

A large piece of what I like to refer to as the “business success puzzle”, is a clear comprehensive business plan. Complete with an outline of a businesses structure: management team; products and services; marketing strategies; and financial goals. Small business owners and entrepreneurs that work from home, neglect to see the value of such a plan. Since the majority of their capital comes from a personal account, they are convinced that a business plan is a waste of time.

This too is a misconception. Every business needs a plan of action. At some point, you will want to review your business strategies: to find new ways to increase revenue; and generate a client database. Without a business plan, you’re heading down a road that leads to destruction.

Invest in Your Dream - Not Someone Else’s

While get rich quick schemes may sound like the perfect of road to success, they’re usually money traps designed to only benefit those that have created it. Often they promise great wealth and income in a short amount of time. Use your skills and knowledge to benefit yourself not someone else.

Many get rich quick schemes promise easy money and really do sound like a good idea. Thousands of people have invested their hard earned money into these schemes and gotten nothing out of it but disappointment.

Thousands of people have invested their life savings and lost them in money making entrepreneurial schemes. What they usually don’t tell you is the risks involved. Making money is usually never easy so don’t be fooled by schemes that seem to promise you the world. If you want to invest your money to start your own business be smart and don’t throw your money away.

Find a Market and Stick to it

You may have plenty of good ideas that you want to implement all at once. However doing too much at one time can be your downfall. Many entrepreneurs have several products or services they want to sell. Take your time and implement one at a time and get it right before you try something new.

If you have several different interests you may want to start with just one. Some services and products don’t go hand in hand and don’t try to force it. Marketing certain new products to existing customers is not always a sure fire way to get sales. Think about your marketing plans before implementing them or they may be a waste of your time.

Selling network memberships takes more then a little bit of knowledge about networking. It takes time: Time to develop contracts; organize meetings; set up events; and keep your members active in business referrals. Think about your target market!

Take time to review over any new entrepreneurial plans and compare them with your existing business plan. See if they make sense or if they will fit in with your goals. Starting your own business can take some time but carefully done success will be yours.

About the author: Vlad Ehrsam writes exclusively for Full Info on Business, there's a wealth of knowledge on the website, plus why not sign up for the free Business newsletter.

Tips on how to earn money with a home business

Everyone wants tips on how to earn money with a home based business. It never seems to amaze me that a lot of people with a work at home business are not earning some money.

When I got to question a few of these people about why they are not earning any money, I found out why!

People, you have to do something to earn something! Just because you have joined a MLM or affiliate program, don’t think just by sitting back you will earn some money. NOT TRUE!!!

So I have tried to make it easy on these people by coming up with the necessary things you need to do to earn money from home.

If you honestly do these things, and still don’t make any money then maybe a home business is not for you. But you need to be honest about this and put out the effort.

1. When you first start with a work at home business, set out at least an hour a day devoted to your business.

2. Spend the first day advertising your business on the free classified websites, there are literally thousands of these sites to advertise on.

3. If you have a website for your business, then spend day 2 submitting your website to all of the search engines, Yahoo, MSN, Google, AOL, etc.

4. Day 3 start submitting to ezines, this is a very good way to promote your business.

5. Day 4 start by writing an article to use in the yahoo groups. And with this article your can promote your website at the end of the article.

6. Day 5 submit your business to the various business message boards, there are lots out there that let you post an ad for your home business.

7. Day 6 you will want to start advancing up and checking for “Leads” that are interested in starting a home business. When you find a good source you will want to start emailing them. To do this you will want a good auto responder to handle the high volume of emails.

8. Day 7 you will want to start this process all over again.

You can do these steps in any order, but remember persistence is the key. Spend an hour a day for the first 30 days on these 7 items. Each day promote your business in a different way.

Within 30 days you will start to see the rewards of your work that you only spent 7-10 hours a week on!

Further more don’t expect to get rich overnight. The businesses offering “pie in the sky” so to speak do yourself a favor and stay away from those type of offers.

Do yourself a favor when you get involved with a work at home business. You owe it to yourself to give it an honest try. Nothing will happen, if you don’t do anything.


About the author: Jim Noel has 2 very successful online businesses that he has been operating for over a year now. Mr. Noel has the knowledge and knows how to promote and to generate a nice profit off of his 2 online businesses.

Investing the Profits from Your Home
Based Business

Having made the bold and glorious decision to sack the boss and go it alone you are one of the few who have what it takes to succeed. You have an entrepreneurial spirit and a strong will and these are rare and valuable attributes that will guide you throughout your professional and personal life.

Now that your business is up and running and you’re profiting from your efforts, it’s time to turn your attentions to investing the profits from your home based business wisely and for maximum gain.

One of the most consistently returning asset classes over the long term and the one that the majority of us can profit from is real estate.

Understanding market cycles

Now, you’re most likely aware that property markets are cyclical – this is because there is a direct correlation between the underlying price of real estate in relation to individual buying power. Simply explained: when property prices rise above what first time buyers can afford to pay the market slows down, stagnates and sometimes readjusts – but as soon as purchasing power increases again, either with a drop in interest rates or an increase in GDP, so property prices begin rising again.

And there are even ways to make money from real estate during a market downturn!

Investing in real estate for income

Depending on the nature of your home based business your monthly income may be slightly erratic – some months being better than others! If you invest in property assets in a buy-to-let or even jet-to-let capacity you can secure yourself a consistent monthly income which may afford you an added degree of financial security.

Buy-to-let is when you purchase property for rental purposes – this make be an apartment you corporate let, it could be a house you student let or even a family home you rent out long term.

Jet-to-let is similar but it involves purchasing overseas property for short term weekly or fortnightly rental to tourists. This type of letting is usually very lucrative indeed during peak holiday periods but may mean you have a property that is empty for a few months out of season.

Both types of property investment return you a regular income and at the same time the physical real estate asset will grow in value over the long term and if ever you wish to release the profits from your investment you can sell on the property and take the gains you have accrued.

Investing in real estate for profit

The alternative to building up a property portfolio for income generation purposes is purchasing property and selling it on relatively quickly to realize the gains the asset has accrued.

You can do this in a number of ways…firstly you can purchase run down property in need of renovation, tidy up the property and turn it into a home before selling it on at a higher price and reaping the profits gained.

Alternatively you could seek to beat the curve by buying into up and coming areas, waiting for prices to boom and then selling on for profit. This is quite a risky strategy for a first time investor as timing the market is hard!

An alternative to this is looking overseas for the latest emerging property markets worldwide and buying properties to renovate or properties off plan and then flipping them on for maximum gains in the short term.

Financing your investment

As a self-employed individual it can be tricky to get a mortgage unless you have audited accounts, bank references etc., etc. If you don’t have all of these requisite documents there are other options available to you.

The main options are re-mortgaging your primary residence and releasing the equity that you have accrued already for reinvestment in another property project or taking out a self-certification mortgage where you make a large down payment and basically tell the lender how much you can afford to borrow!

A winning attitude

You’ve already proved you have what it takes to succeed against the odds by establishing a profitable home based business, now apply the same steely determination to your real estate investments and you will succeed in making the maximum gains. Start small, begin gently, test the market and your understanding of it and slowly build up a profitable real estate portfolio from the profits of your home based business for maximum financial gain.

About the author: Rhiannon Williamson is a freelance writer whose articles about property investing and emerging real estate markets have appeared in publications around the world. She is currently working on a brand new property investment.

7 Financial Strategies for Transitioning from Salaried to Solo

A 40’s something woman was talking to me the other day about her growing sense of frustration with “working for someone else” and her longing to “do my own thing, drive my own wagon”. But, she said with consternation, “I have family counting on me and a standard of living I don’t want to sacrifice.”

Everyone has to decide for themselves what level of sacrifice and risk they’re willing to undertake in order to enjoy the satisfactions of working independently. Knowing some strategies for managing the risk will allow you to make a well-informed decision.

Of the seven strategies included below, the first two suggest ways to gradually transition from salaried to solo, instead of diving off the edge. The second two are ways to stretch the dollar; and the final three are ideas for getting started without stopping.

1. Continue to draw a (reduced) salary

Leaving your current employment in order to develop your new business may look like the only option, based on an assumption that you won’t get approval for reducing your hours. While this may prove to be the case, asking yourself why and how your company will profit from retaining your skills and experience for a transitional period can provide the basis for approaching your employer. Be sure to do your homework first, however, and be able to back up your request with a solid rationale.
Also consider the issue of timing. You want to weigh informing your employer of your wish to leave with being prepared to leave if the answer to your request is no.

2. Develop another income stream

If you need to leave your present employment, is there a skill in your toolbag that you can resuscitate and put to work without a significant expenditure of time or energy? Is moonlighting or freelance work an option? Virtual e-lancing websites (such as eWork.com, Guru.com, and e-lance.com) may be worth looking into for short-term professional services opportunities.
Examples: A community mental health worker transitioning to private practice used his conflict resolution experience to sell a training package to public schools. A woman transitioning out of an insurance brokerage created and sold seminars on long term care financing at local retirement centers.

3. Reduce expenses

Apart from fixed expenses - mortgage, taxes, insurance, etc. –are discretionary expenses that make up the larger part of budgets. Doing a careful analysis of these expenses and choosing what you can forego for awhile can often save thousands per year.
Carefully analyzing hidden expenses – credit card interest rates, bank charges, late fees, auto debits, phone plans – or “lost money” from low interest rates on savings may generate several thousand more per year.

4. Borrow

It isn’t necessary to wait to borrow for start-up costs until you have a well-documented idea to submit for a business loan. Refinancing a home or taking a line of credit are relatively low-cost ways of generating capital. Depending on your credit rating, you can also get time-limited low-interest loans from credit card companies.
If you choose this option, applying for loans or refinancing packages while you’re still employed is strongly advised. Your rating as a borrower declines quickly once the regular paychecks stop.

You don’t have to wait!

Get started on your new business idea while you’re still employed. Several of the all-important first steps (below) can be started while standing in the grocery line or running on the treadmill. They involve asking yourself some questions and doing some informal research to get crystal clear about your idea. This can take weeks off your actual start-up time.

5. Identify your niche.

Think about the services you’re uniquely qualified to provide, as well as the ones you most enjoy providing. Be specific! Write them down! Then think about what group of people would get benefit from those services and have the ability to pay for them. Again, be specific: age, where they congregate, habits and values, how they define the problem your services are going to solve. If you don’t know, ask. Find someone who fits your “ideal client” profile (s/he may be on the treadmill next to yours at the gym) and get permission to ask some questions. People generally love to be helpful.

6. Create your marketing plan.

Don’t be intimidated by the term “marketing plan”. While what you need from a marketing plan will get more sophisticated as your business develops, for now it simply means answering the question, How is my business going to make money? What is the product or service you’re going to sell? How will you describe it so people quickly recognize the value? How will you package it? (fee for service? by the project? on retainer?) How will you price it? (What’s being charged for comparable services? What “feels right” to you?)

7. Manage fear!

For most people, anything involving money involves some level of fear. It’s important to acknowledge to yourself and to others that you are taking a risk, and you’ve decided it’s a risk you want to take. So consider the fear natural, and find ways to manage it.
Getting support from people who believe in you and in what you’re embarking on is #1 in fear-management tactics. Don’t assume that you’ll get it from the people closest to you, or that if you don’t have it you shouldn’t proceed. They’re probably the ones most impacted by your decision and so may be least ready to offer support. Their consent – a willingness to go along with your plan – is helpful, but support may have to come later.
It’s also helpful to set a goal (and a date for completion) that’s key to your new venture – arrange financing by a particular date, or sign a lease – and announce it to at least one person. You’ll find that making that commitment, saying it out loud, and following through will in turn generate more confidence and more forward momentum.

To all of you who are tired of marching to someone else’s drum and are eager to go solo, these strategies should help you take prudent but positive steps toward realizing your goal. Good luck!

About the author: Nina Ham is an internationally certified women’s business coach and a licensed psychotherapist. Her company, Success from the Inside Out, provides programs and services essential for anyone making the salaried-to-solo transition, including niche identification, marketing fundamentals, and self management for solo professionals.

The Best Time to Day Trade the
Forex Market

The three major forex trading 'sessions' are as follows (all in Eastern Standard Time):

1. New York open 7:00 AM to 4:00 PM 2. Japanese/Australian open 7:00 PM to 3:00 AM 3. London open 3:00 AM to 11:00 AM

** Often, the best times to trade is at the beginning 3-5 hours of the above mentioned opening times, because the major currency pairs tend to move the most in a particular direction. Especially when there are economic news releases.

THE ABSOLUTE BEST TIME TO TRADE IS FROM 3 AM TO 11 AM EST.

The New York and London trading sessions overlap between 7 and 11 am EST. The volatility is much higher and trading opportunities are much more frequent with bigger moves, especially in these four hours.

The currency pair that moves the most during these hours are the Usd/Chf (#1), then the Gbp/Usd, then the Eur/Usd, then the Usd/Jpy.

This is when you can make 30-100 pips trading in just a few minutes or hours, using any of our strategies in any time frame, especially around news releases.

If you need help in converting EST time zone to your time zone, please use this world time zone converter

DAILY FORECAST WEBSITES

First thing in the morning, I go to http://www.fxstreet.com to check out some forecasts and news release times for the day. I always check before I start trading and I write down the support/resistance, trend, trading range, target highs & lows, news release times, etc. on my Daily Trading Sheet, which is provided in the Day Trade Forex Advanced course.

This is an interesting forecast site that I also like

Another place to find out when the world economic news releases are: http://www.forexnews.com and scroll down to the bottom of the website for the list of the current week news releases that impact the Forex markets.

Most often, the economic news release is scheduled for 8:30 AM EST. If you are in a trade at this time, make sure you have your stop loss at a place you are happy with. The volatility is scary and fast, but if you aren't already in a trade, you can jump in once you see the major trend, usually after the first 5-15 minutes. Look at a 30 min chart to see the major trend.

IMPORTANT NOTE: Most of the forex brokerages have now stopped guaranteeing their stops during fundamental news release times, as the volatility is so extreme, that the price can often move faster than their servers can keep up with. Thus, please be very aware that getting into and out of a trade when you want, can sometimes be next to impossible. You can possibly encounter several things during news release times: whipsaw of the price, slippage, freezing of the platform, disconnects, re-quotes of price, loss of money, etc. Don't bother calling up any dealing desk to complain, as they are all now distancing themselves from this problem, and they all have a disclaimer on their websites. It is a buyer-beware type of situation. If you choose to play the news, you have to be aware of it's risks. The rewards can be very great in just a few minutes, or it can go against you. Make sure that you immediately put in your stop.

About the author: Erol Bortucene and Cynthia Macy are co-authors of 'The Day Trade Forex System: The Ultimate Step-By-Step Guide To Online Currency Trading'.