3 Ways to Create a Steady Cash Stream while You Work from Home

Work from home and create a steady cash stream with these three ideas….

 

Working from home was once merely a dream for most people. Until the onslaught of the Internet and home PCs, it simply wasn’t feasible for companies to hire employees to work from home. And starting a small business took special know-how, a large initial investment, and a lot of advertising and marketing. But now, working from home is a reality for thousands of people, and you too can realize this dream.

The first goal for your home business should be to find ways to create steady cash flow. You’ll need cash flow to operate and promote your home business, and to secure a lucrative income for yourself. There are many different ways to create a cash stream for your home business. Here are three ideas to get you started.

1. Buy a Pre-Existing Profitable Business to Work From Home

One way to create an immediate cash flow is to buy a pre-existing home business that is already making a profit. Of course, you will not enjoy a profit immediately because you must invest initially. But once you are able to recover from the initial investment, you can continue receiving profits year after year.

The key benefit of buying a pre-existing work-from-home business is you will gain knowledge from the previous owner about what works for the business and what doesn’t work. The main disadvantage is you will have to follow in the footsteps of another instead of building your own home business from the ground up. There’s a great sense of pride when you can truly call a business “your own!”

2. Follow a Profitable Business Model to Work From Home

Another way to create a cash stream for your work-from-home business is to follow the profitable business model of another. You can learn a lot from others who have already been successful with a home business. Many long-time entrepreneurs are creating e-books and global networks to help new home business owners become a success. They are revealing little-known secrets about work-from-home businesses that would likely take you years to discover on your own.

Look for entrepreneurs who have owned work-from-home businesses in a field that interests you. Use their ideas and examples to create a profitable business model for your new home business.

3. Internet and Network Marketing

A third way to create a cash stream of income is to utilize the Internet and network marketing to your advantage. Find and join a team of individuals who have similar goals and work with them to build a successful online business. With the Internet and network marketing, many are realizing their financial goals faster than they ever imagined.

Network marketing online can be accomplished through email and a website while working from home, and it can bring more people together with similar goals in a very short period of time. Many global network companies will promote your online business for you and take every initiative to help you become a success. There are even global resorts networks that enable you to travel to exotic places while earning a substantial income.

Whatever method you choose to create a cash stream as you work from home, set some goals for your business and start realizing your dreams today! If you all enjoy these show me by sharing with a friend and sign up below!

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10 Tips for Using Instant Messaging for Business

Here’s the scene: A couple dozen professionals at a big advertising agency quietly type away at computer screens near each other, in an open room devoid of office walls and partitions.

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Introduction

10 Tips for Using Instant Messaging for Business, Here’s the scene: A couple of dozen professionals at a big advertising agency quietly type away at computer screens near each other, in an open room devoid of office walls and partitions.

An occasional laugh punctuates the silence. But no one is talking. They are communicating with one another almost exclusively through instant messaging (IM).

“When I’m visiting this firm, I can’t help but notice this [lack of people talking]. Seems odd to an outsider, but this is now pretty much their corporate culture,” says Helen Chan, an analyst for The Yankee Group, a US-based technology research group, who has friends at the agency.

A technology designed initially for one-on-one personal chats has reached the workplace. Many business people are choosing text-based Instant Messaging over phone calls and emails. They prefer its immediacy and efficiency in getting real-time information from partners, suppliers, and colleagues working remotely.

What is IM Messaging?

Instant messaging is essentially the text version of a phone call. At businesses large and small, more and more people are using it to communicate. For many, it serves as a backstop for e-mail problems and other emergencies Witness the spikes in usage after the Sept. 11 terrorist attacks.

The Wall Street Journal notes that more than 100 million people are now sending instant messages. In a report, “IM: The Sleeping Giant,” technology consultant Gartner Group predicts that by 2005, instant messaging will surpass email as the primary online communications tool.

That said, IM will benefit businesses that work in teams or on projects more than it will many retailers, independent professionals, and others. That’s because IM enhances collaboration, but does not lend itself to opening new relationships. However, aside from the opportunities for time and cost savings, there are risks and downsides to its use.

Whether you’re a business owner or an avid IM user, or both, here are 10 instant messaging do’s and don’ts.

1. Do adopt a user policy for instant messaging.

If you’re an owner, your employees need to know whether you view instant messaging as an appropriate vehicle to communicate with, say, customers, or business partners. Any policy should contain at least general guidelines for its use. You may not think this is important? unless you know the story about the hedge fund manager who caused a major commotion by allegedly using IM to spread inaccurate rumors about a publicly-traded software company. (Word got out, the software company’s stock plunged, and the hedge fund manager and his company got into some serious trouble.)

2. Don’t use instant messaging to communicate confidential or sensitive information.

Take a lesson from the above example. If your company is in the business of providing professional advice regarding stocks, finances, medicine, or law, chances are it’s not smart to do so through instant messaging. IM is better suited to quick information about project status, meeting times, or a person’s whereabouts.

3. Do organize your contact lists to separate business contacts from family and friends.

Make sure your employees do the same. Eliminate even the remote possibility that social contact could be included in a business chat with a partner or customer ? or vice versa. MSN Messenger[link] lets you organize your contacts carefully.

4. Don’t allow excessive personal messaging at work.

Yes, you make personal phone calls at work, send personal emails, and allow your employees to do the same. But you encourage them to keep it to a minimum and (hopefully) do the same yourself. For instant messaging go even further. Urge that personal chats be done during breaks or the lunch hour ? or that the chats generate new customers or revenue for the business.

5. Do be aware that instant messages can be saved.

You may think IM is great because you can let your guard down, make bold statements, chastise a boss, employee, or co-worker, and have it all wiped away from the record when you are done. What you aren’t realizing is that one of the parties to your conversation can copy and paste the entire chat onto a notepad or Word document. Some IM services allow you to archive entire messages. Be careful what you say, just like you would in an email.

6. Don’t compromise your company’s liability or your own reputation.

The courts may still be figuring out where instant messages stand in terms of libel, defamation, and other legal considerations. It’s likely that any statements you make about other people, your company, or other companies probably aren’t going to land you in court. But they could damage your reputation or credibility. Be careful what you say.

7. Do be aware of virus infections and related security risks.

Most IM services allow you to transfer files with your messages. Alexis D. Gutzman, an author and eBusiness consultant, says her recent research for a book found that IM file attachments carrying viruses penetrate firewalls more easily than email attachments. “Instant messages [carrying viruses] will run and dip into a firewall until they find an opening,” she says. You’d be wise to learn more about the quality of your own firewall protection, to decide whether or not to restrict transferring files through IM.

8. Don’t share personal data or information through IM.

Even if you have the utmost trust in the person or people you are messaging, including personal information you’d rather keep confidential (like a phone number) is not a good idea. That’s because the text of your chat is relayed through a server en route to your contact. “If anyone is on the connection and can see that traffic, they can see the personal information,” says Chris Mitchell, lead program manager with MSN Messenger. Not likely, perhaps. But it’s better to send such info through an encrypted email, or not at all.

9. Do keep your instant messages simple and to the point, and know when to say goodbye.

How you should use IM is hard to stipulate. Kaneko Burney, director of eBusiness research at Cahners In-Stat Group, prefers it simply for seeing if a colleague is at his or her desk, available for an in-person or telephone call. “It’s like peeking into someone’s office.” Gutzman, on the other hand, sees IM as a way to do a quick research and get fast information from consultants and even lawyers. She recently used IM in researching a book, saving entire messages in her personal archives. Both agree, however, that you must limit your inquiry, get to the point right away, and avoid unnecessary blather. “With instant messaging, you don’t need a lot of pleasantries,” Gutzman says. “I pretty much can say, ‘How’s it going?’ and then get on with my question.”

10. Don’t confuse your contacts with a misleading user name or status.

IM user names, like email user names, should be consistent throughout your company. And users should do the courtesy of updating their status throughout the day, so contacts know whether they are available for messages. If you all enjoy these, show me by sharing with a friend and sign up below!

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7 No Cost Tips to Market Your Business

Marketing a business can be fun, exciting and creative. It can also be very frustrating and expensive if one doesn?t know what outcome they are looking for or how to evaluate cost effective methods of marketing. Learn 7 cost effective strategies to market your product, service or business.

I get commissions for purchases made through links in this post that support my marketing.

How Can Marketing Grow My Business?

Marketing a business can be fun, exciting, and creative. It can also be very frustrating and expensive if one doesn’t know what outcome they are looking for or how to evaluate cost-effective methods of marketing.

Over the years people have come to know me for my unique ability to develop low-cost and no-cost strategies to market and promote a business, product, or service. Strategies that have realized incredible returns.

Some of My Successes in Business Included:

– Before my last book was published I pre-sold over $8,000 in books
– Over 250 people registered for a recent seminar in less than 2 weeks and the cost to promote was under $25
– One company used my strategies for a career expo and made over $180,000 in consulting fees
– One speaker sold over $23,000 in product sales back of the room at a two-hour seminar with strategies outlined in my program

I don’t share this to impress anyone, rather impress upon you when using the right strategies for your market, you can realize some incredible results.

People have also come to know me as someone who is a stickler when it comes to putting systems in place. My marketing successes are a direct result of the systems I have implemented.

With a bit of forethought, planning, and desire, you can successfully market your business in a very effective manner. Below are seven proven strategies sure to increase visibility, leads, and sales.

1. Business Cards for Marketing

Business cards are often one of the most underutilized tools in one’s marketing.
Use the front and back of your business card to gain full benefit. Depending on your market you can put some very valuable information on the back such as a sports schedule, emergency numbers, or special dates people want to remember.

Keep some in your wallet, your automobile, on your desk, and some at home. Be sure to carry them with you wherever you go and be willing to hand them out as opportunity presents itself.

Creatively distribute your card. When you eat out you can leave one with the tip.
If you borrow a library book, use one as a bookmark. Hand them to clerks in stores who may know other people who could use your product or service.

When someone gives you their business card be sure to enter their information in your database. Send them a short note or email within 48 hours of meeting them to keep your name fresh in their mind.

2. Send a picture

A great way to keep your name fresh in a customer’s mind is to send them a picture of when they purchased a product or service from you.

Put a picture of a buyer’s auto purchase in a beautiful calendar. Likely, the proud owner of the vehicle will display the calendar for the next 365 days.

For specialty gift shops, when a customer makes a substantial purchase, have a picture taken with the shop owner. Frame the picture and send it to the customer.
Chances are very good the picture will be displayed proudly for friends and family to see.

A dentist who specializes in smile makeovers can easily arrange to have a professional makeup artist and photographer capture the patient’s beautiful new smile. No doubt the patient will be more than happy to show others their new look.

3. Associations for Marketing

Associations particular to your market are a great resource for marketing. There are associations specific to virtually any industry, job type, or business. A quick web search will likely show you how much is available.

A major opportunity within many organizations is the chance to network. Additionally, to make presentations. Along with presentations come publications.
Often, when you do a presentation, you will get a mention in the association newsletter, their Ezine, and/or on their website.

In many cases, when an organization has a newsletter or Ezine, they welcome the presenter writing a press announcement for them. It saves them time and often assures you have a better chance of the information making it into the publication.

They may also welcome you to write an article for their publication or website.
This lends itself to pre-presentation visibility. Additionally, you will position yourself as an expert and increase credibility.

Most organizations have the following opportunities that can help you to gain visibility and do some very effective marketing:

-Newsletters
-Internet listings
-Links to your website
-Discounted advertising rates
-Networking opportunities
-Business referral services
-Special recognition events
-Education seminars

-Business and membership directories

In many cases, you will need to be a member of the association to take advantage of multiple marketing opportunities. In other cases, membership is not necessary.

4. Committee Involvement for Marketing

Committee involvement is a great way to give back to the association or community while building visibility for you and your business. In some cases, you may even want to get involved in a committee where you have little experience or knowledge. This will allow you to stretch yourself and meet and network with individuals you may not have otherwise had the chance to meet.

5. Drawings and Contests for Marketing

Contests are a favorite for many businesses such as restaurants or those that have high foot traffic. Contests are a great way to build your database quickly.
You are generating very hot leads when you have a contest with people who have already frequented your place of business. The key though is to do back-end marketing. Far too many businesses hold contests, get lots of names, and do nothing with them. In this case, it is a complete waste of time to hold a contest.
You can advertise a contest to gain new foot traffic in your place of business.
Trade show booths are a great place to hold a contest. Pre-show marketing helps to generate traffic at your booth. Invite people to stop by booth # _____ (whatever your booth is) to enter to win. Creative contests can also generate free publicity.

6. Cross-promoting

Join with other companies who have products or services that complement yours and promote each other. Let’s say you have a massage business. You could partner with a candle company to sell their candles to your massage clients. They can give out coupons for your massage business. Or the candle company can partner with a gift basket company. Cross-promoting is only limited by your imagination.

This can considerably cut down the cost of business promotion and allow each business to use promotion techniques that might be too expensive to implement alone.

7. Bonuses for Marketing

Secure special offers from various businesses who want to share a similar market as you. When a customer buys a certain amount they receive a bonus packet and the various offers from other vendors. This is a win/win all the way around. The other vendors gain visibility, you have something extra to offer you customers and the customers get incredible value for their purchase.

Be aware of who you cross-promote and joint venture with. Look for someone who will help but also will be equally committed to your campaign.

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$3 Million in 6 Months With Adsense!

The Power Play Interviews: Markus Frind- $3 Million in 6 Months

Hines Reviews, Interviews:

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Markus Frind- $3 Million in 6 Months

This is the first in a series of Internet Millionaire Stories that you will begin to see on Hines Reviews. Hope you enjoy them!

Markus Frind, the creator of Plentyoffish.com is a success story worth noting, as he has managed to take a niche formerly ruled by giant corporations and give it his own brand of marketing savvy. A case of David vs. Goliath, where the little guy comes out on top in the end. Markus is the top “individual” AdSense publisher in terms of page views. Let’s find out what some of his secrets are as he shares some advice with our readers. Feel free to comment!

millions made on one website

Markus, what is your experience in computer programming and how did it prepare you for becoming a webmaster?

The average page views a day is around 14 million for the last week. I’m getting another 80 million page views a day from users polling the site to see if they have new messages. Really intensive bandwidth wise!

When I go to your website, I notice that the ads are targeted to my region, yet I have not even registered- can you explain to our readers how you accomplish this feat?

I’m just using ip2location.com Basically I take your IP, look it up in the database and it tells me what your city is. I then bring up a list of users in your city, nothing magical about it at all.

Are most of your visitors coming primarily from search engines (SERPS), or are you finding that they come from other avenues? Do you actively advertise in the media?

Search engines account for something like 2% of my traffic. The vast majority of my traffic, like any other site with over 5 million page views a day comes from word of mouth, and repeat visitors.

using SEO to make millions

The services on your site seem to be offered at no cost to the registrants. Is there some advantage you have over your competitors that allows you to do this?

I’ve developed new algorithms that allow me to create a mega-site for next to no cost. Several years ago I created an algorithm that was thousands of times faster than the algorithm used in the 1990s to find a string of 22 prime numbers. At the time a professor used several supercomputers and hundreds of regular computers over the course of several years to find a record. I did the same thing on 1 computer in 2 weeks.

Fascinating! Are there any other sites you currently maintain or is plentyoffish.com the only one?

It’s the only site at the moment. I’ve got a few other sites I registered for friends so they could learn to do marketing/affiliate stuff. At this point, I think 1 site is enough.

making millions online

Any tips for those looking to create a profitable endeavor on the internet?

IF someone else thinks what you are doing is a cool idea I’d say it isn’t… Find something no one else thinks is important and build up a site with big traffic in that area. Also, keep in mind, sites that have low monetization today but have traffic may be the gold mines of tomorrow. In the internet world, anything and everything will be monetized at some point and traffic is king.

Traffic is King- very wise advice, Markus. One last question- How do you find the time to maintain such a large commodity on the internet? Surely you must have some other interests in life besides programming and website monitoring?

It only takes an hour a day on average, but it’s very tiring work. I spend the other couple of hours reading and seeing what is going on.

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