If you are starting an internet home based business from scratch, this article might be helpful to you.
A lot of people have realized that their 9-5 jobs are not what they want to do for their entire life so they started searching a way out, "starting an internet home based business."
Do you know 90% of home based businesses fail within the first 2 years? Why? Because most of the people who are eager to start an internet home based business have the wrong mindset. They think they're on the path to get rich quick. Building a business requires a plan, immediate actions, consistency, and commitment.
Do you have a business plan on starting everything up? What is your business budget? What benefits can you gain from starting a home based business online? Are you a doer who takes massive actions immediately?
Can you spare enough time out from your full-time job to consistently do what's need to be done to build your home business? Can you dedicate yourself and commit to making your home based business work for you no matter what?
If you answer most of the above questions wrong, you might as well go to monster.com and find a better job.
Bear in mind that, you're the CEO of your business, you're an entrepreneur, you're the top boss of your business. What do most of the successful entrepreneurs have in common? They will do whatever it takes to achieve their business success, their goal, and their dream. Want me to say more? They do not ever give up.
How many self-help books or business success books you've read in the past that all say the same thing, don't give up, just keep going? That's right, building a successful home based business on the internet is about your mindset and how you handle your emotion to get you going and take actions.
You must be prepared to go through trials and errors before you can see yourself being successful. These trials and errors are your best teachers who teach you things that you will never learn from anywhere else.
Don't encounter your teachers. Find the ultimate solution to your problems. You should always try to become a better problem solver and solutions thinker. If at times, you can't find the solution to your problems, seek help.
Internet is an information industry; you can always find help from getting involved in various forums or online community. Or you can consult someone who already had the success in your industry.
There are more things that I want you to know about. A well developed business plan will save you money, time and energy. Writing your own business plan is not as hard as you think, it could be a very simple action steps that you want to take in the next 5 days.
To begin your plan, try writing your goals down and follow up with the actions you think you need to take to reach this goal. This is a very simple step you can do it now. Yes, right now!
Eric Su is a professional internet marketer and network marketer. Are you looking for a home based business opportunity?
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Thursday, July 17, 2008
Monday, July 14, 2008
How to Plan a Product Launch
When you’re in sales, you’re always driven to think of ways on how you can get your products nearer your target market. When you have such an amazing product, the next step is to formulate an ingenious strategy by which you can best disseminate the info that you have the solution to your client’s problems. One of the most wide-ranging and effective business strategies is to conduct a product launch. Introducing a product is costly, but if the product launch is done strategically, you’ll find that you can easily convert this expense into sales. Consider these tips on holding a product launch.
Study the selling points of your product. There’s no doubt that your product is amazing, but the challenge is how you can make the consumers think the same. Identify all the selling points of your product and rate them from strongest to weakest. Categorize the selling points according to the type of client. Where the product is food, for example, you should concentrate on presenting the product’s selling points on health benefits if your target market are the health buffs.
Have a message which you will convey clearly. All campaigns should be consistent with one clear message. In all your advertising materials — fliers, posters, TV ads, or radio plugs, make sure that your message is clear. The best way to achieve product recall is to have a product identity. Tell your customers exactly why they need your product.
Planning the launch. It’s a big event, so make sure everything is perfect - the venue, the attendees, the program, the food, etc. Write a list of people who should be there - VIPs, the press, some common people. Make a head count of these and consider a bit of spillover just in case some of your invitees would bring other with them. Based on this estimate secure a venue that would accommodate everyone. Make sure that the layout of the venue would allow for the smooth flow of foot traffic. Contact a caterer and plan for refreshments to cover all attendees.
Be prepared for questions. Don’t rush the launch because you will have to check about a lot of things before you can make the big announcement. When will your product be available? How much is the suggested retail price? Who are your designated outlets? These are only but a few questions which need answers before you broadcast. If your expertise does not include events organizing and management, it would be best to hire professionals.
Read More...8 Ways to Boost Your IT Career in 2008
When you’re in sales, you’re always driven to think of ways on how you can get your products nearer your target market. When you have such an amazing product, the next step is to formulate an ingenious strategy by which you can best disseminate the info that you have the solution to your client’s problems.
One of the most wide-ranging and effective business strategies is to conduct a product launch. Introducing a product is costly, but if the product launch is done strategically, you’ll find that you can easily convert this expense into sales. Consider these tips on holding a product launch.
Study the selling points of your product. There’s no doubt that your product is amazing, but the challenge is how you can make the consumers think the same. Identify all the selling points of your product and rate them from strongest to weakest. Categorize the selling points according to the type of client. Where the product is food, for example, you should concentrate on presenting the product’s selling points on health benefits if your target market are the health buffs.
Have a message which you will convey clearly. All campaigns should be consistent with one clear message. In all your advertising materials — fliers, posters, TV ads, or radio plugs, make sure that your message is clear. The best way to achieve product recall is to have a product identity. Tell your customers exactly why they need your product.
Planning the launch. It’s a big event, so make sure everything is perfect - the venue, the attendees, the program, the food, etc. Write a list of people who should be there - VIPs, the press, some common people. Make a head count of these and consider a bit of spillover just in case some of your invitees would bring other with them. Based on this estimate secure a venue that would accommodate everyone. Make sure that the layout of the venue would allow for the smooth flow of foot traffic. Contact a caterer and plan for refreshments to cover all attendees.
Be prepared for questions. Don’t rush the launch because you will have to check about a lot of things before you can make the big announcement. When will your product be available? How much is the suggested retail price? Who are your designated outlets? These are only but a few questions which need answers before you broadcast. If your expertise does not include events organizing and management, it would be best to hire professionals.
Source : http://www.lifespy.com/
Read More...Friday, July 11, 2008
Firefox Quick Tip: Deal with ‘Server Not Found’ Pages with ErrorZilla
I have to apologize for the lack of tech articles for LifeSpy. I’m currently blogging for AutoJab as well and we’re trying to expand our horizons for that blog as well. The thing is, focus can be a bit of a problem. Tech posts need time and attention, so are car posts. Trying to stay on top of those areas means that I have to read through at least a hundred articles a day. Anyway, I know it’s not much of an excuse but I apologize still.Another reason why there is a lack of daily Firefox quick tips (it has been months since) is that 3 is just around the corner and we’ve pretty much covered a lot of ground for 2. Still, once in a while, we see some gems that we have failed to pick up along the way and one of those would be ErrorZilla.
It’s an add-on that modifies your ‘Server Not Found’ pages to add some buttons that would help you locate cached versions of the page. Say for example, you’re researching about a very important topic and unfortunately for you, the server where the page is located is long dead or is having hiccups. While there are tools like Google Cache and Wayback Machine to help find cached pages, ErrorZilla brings those functionalities to you within the error page. They’re just a click away.
Download ErrorZilla add-on here. Read More...
Tuesday, July 8, 2008
Steps in the risk management process
Establish the context
Establishing the context involves
- Identification of risk in a selected domain of interest
- Planning the remainder of the process.
- Mapping out the following:
- the social scope of risk management
- the identity and objectives of stakeholders
- the basis upon which risks will be evaluated, constraints.
- Defining a framework for the activity and an agenda for identification.
- Developing an analysis of risks involved in the process.
- Mitigation of risks using available technological, human and organizational resources.
Identification
After establishing the context, the next step in the process of managing risk is to identify potential risks. Risks are about events that, when triggered, cause problems. Hence, risk identification can start with the source of problems, or with the problem itself.
- Source analysis Risk sources may be internal or external to the system that is the target of risk management. Examples of risk sources are: stakeholders of a project, employees of a company or the weather over an airport.
- Problem analysis Risks are related to identified threats. For example: the threat of losing money, the threat of abuse of privacy information or the threat of accidents and casualties. The threats may exist with various entities, most important with shareholders, customers and legislative bodies such as the government.
When either source or problem is known, the events that a source may trigger or the events that can lead to a problem can be investigated. For example: stakeholders withdrawing during a project may endanger funding of the project; privacy information may be stolen by employees even within a closed network; lightning striking a Boeing 747 during takeoff may make all people onboard immediate casualties.
The chosen method of identifying risks may depend on culture, industry practice and compliance. The identification methods are formed by templates or the development of templates for identifying source, problem or event. Common risk identification methods are:
- Objectives-based risk identification Organizations and project teams have objectives. Any event that may endanger achieving an objective partly or completely is identified as risk.
- Scenario-based risk identification In scenario analysis different scenarios are created. The scenarios may be the alternative ways to achieve an objective, or an analysis of the interaction of forces in, for example, a market or battle. Any event that triggers an undesired scenario alternative is identified as risk - see Futures Studies for methodology used by Futurists.
- Taxonomy-based risk identification The taxonomy in taxonomy-based risk identification is a breakdown of possible risk sources. Based on the taxonomy and knowledge of best practices, a questionnaire is compiled. The answers to the questions reveal risks. Taxonomy-based risk identification in software industry can be found in CMU/SEI-93-TR-6.
- Common-risk Checking In several industries lists with known risks are available. Each risk in the list can be checked for application to a particular situation. An example of known risks in the software industry is the Common Vulnerability and Exposures list found at http://cve.mitre.org.
- Risk Charting This method combines the above approaches by listing Resources at risk, Threats to those resources Modifying Factors which may increase or reduce the risk and Consequences it is wished to avoid. Creating a matrix under these headings enables a variety of approaches. One can begin with resources and consider the threats they are exposed to and the consequences of each. Alternatively one can start with the threats and examine which resources they would affect, or one can begin with the consequences and determine which combination of threats and resources would be involved to bring them about.
Assessment
Once risks have been identified, they must then be assessed as to their potential severity of loss and to the probability of occurrence. These quantities can be either simple to measure, in the case of the value of a lost building, or impossible to know for sure in the case of the probability of an unlikely event occurring. Therefore, in the assessment process it is critical to make the best educated guesses possible in order to properly prioritize the implementation of the risk management plan.
The fundamental difficulty in risk assessment is determining the rate of occurrence since statistical information is not available on all kinds of past incidents. Furthermore, evaluating the severity of the consequences (impact) is often quite difficult for immaterial assets. Asset valuation is another question that needs to be addressed. Thus, best educated opinions and available statistics are the primary sources of information. Nevertheless, risk assessment should produce such information for the management of the organization that the primary risks are easy to understand and that the risk management decisions may be prioritized. Thus, there have been several theories and attempts to quantify risks. Numerous different risk formulae exist, but perhaps the most widely accepted formula for risk quantification is:
Rate of occurrence multiplied by the impact of the event equals risk
Later research has shown that the financial benefits of risk management are less dependent on the formula used but are more dependent on the frequency and how risk assessment is performed.
In business it is imperative to be able to present the findings of risk assessments in financial terms. Robert Courtney Jr. (IBM, 1970) proposed a formula for presenting risks in financial terms. The Courtney formula was accepted as the official risk analysis method for the
Potential risk treatments
Once risks have been identified and assessed, all techniques to manage the risk fall into one or more of these four major categories:[1]
- Avoidance (elimination)
- Reduction (mitigation)
- Retention (acceptance)
- Transfer (buying insurance)
Ideal use of these strategies may not be possible. Some of them may involve trade-offs that are not acceptable to the organization or person making the risk management decisions. Another source, from the US Department of Defense,
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