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Many business owners or people who are about to start a business have idealistic views about their new venture. People who are experienced in business know that there are some basics and some fundamentals that you must get right if you are to succeed. This article outlines a list of "Street Smarts" which have been distilled from the knowledge and experience of many successful business people. Read them carefully! 1. The fatal mistake of many business people - thinking that because they are a good mechanic, baker, accountant, that they understand what it takes to run a mechanical business, bakery business, accountancy business. The most important skill for any business person is to know how to run a business. How much management & business & marketing training have you invested in yourself? 2. Make sure you clearly understand the concept of working on your business as distinct from working in your business. The most successful business owners spend a great deal of time working on their business - learn from them! Read The E Myth by Michael Gerber - a must read! 3. Work out what it would take in dollars to pay someone to do what you do, for the hours you put into your business. Are you paying yourself the same amount? If not, why not? You are clearly worth it! Many people would argue that if you are not paying yourself that same amount, then you don't have a business, you have bought yourself a job - and perhaps a low paid one! 4. Learn from other people, especially their mistakes - you cannot live long enough to make them all yourself! This means that you must be willing to embrace change - in every aspect of what you do. The one certainty is that change will continue and increase! The definition of insanity is "doing the same things in the same way and expecting different result." If you want a different or better outcome - change! 5. Can your business run without you for up to a month? If it cannot, then you have a job, not a business. Are you taking a holiday each year? Why not, your staff do! If you are a one or two person business, then bring in a relief person for the time you are away. Pharmacists, doctors, & dentists, do it all the time - why not mechanics, bakers, accountants or home based businesses? 6. Prepare yourself for this one! If you have had the same accountant, for more than 7 years, then get "a second opinion" from a completely new source. Evaluate their advice against your "regular" and see which is more likely to deliver the lifestyle you want. Two important things to note about this: a) if your adviser advises PeuGeot you against this - what does that tell you? and, b) if your accountant does not understand how and why a business should "deliver a lifestyle", then it's time to update your advice. 7. Embrace technology at a personal and business level. If you are not on email and checking it at least every day, then the world is passing you by and you don't even know it! Among other resources, there are literally thousands of free email newsletters available which will help you make your business more profitable - mechanic, baker, accountant or farmer!< | ||
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Can you remember all of your possessions? 1. I can just take a video of my home. Yes, you can. This is a good idea. But why not go all the way to secure the safety of your property. A detailed Home Inventory can provide you the extra added safety you deserve. 2. My home hasn't changed for years. Well yes. Are you sure. All of that furniture that you bought years and years ago. May now have some value to it. Securing your "proof of ownership" is vital. A home inventory can assist you in proving to your insurance company that "Yes" you did own what you said you owned. Take all of the guess work out of it. 3. We have photo albums full of pictures. That is good. But, what happens to those pictures in case of a fire? A tornado? Having your proof of ownership when you make your claim will make this a much smoother transaction. 4. I have complete home and content replacement insurance. That's wonderful. That means if your house is completely destroyed you will be able to have it rebuilt and furnished. No matter what the cost. But, what about those heirlooms you had. Are they completely replaceable? Can you really be sure you are getting their full value? 5. My insurance agent and I are "huntin' buddies", he'll take care of me. You know that's great. But it's not your insurance agent you have to provide proof of ownership. It's the insurance company and their adjuster. 6. I'll just write my list of contents and no matter what I put down the insurance company will pay. Well that would be great if this were true. But, anyone who can just write down a list of items without any proof will send red flags up for any insurance adjuster and company. They will take a closer look at what you wrote down. Maybe, even go so far as to deny your claim or offer a settlement for a fraction of the cost of the items you described. 7. My agent knows what I have, he has seen it hundreds of times. It is not your insurance agent who you have to deal with it will be the insurance company and PeuGeot their adjuster. Yes, your agent sold you your policy. But, he can't get involved in your claims process. 8. We have a video from last Christmas. Videos are great to have. But, I bet that Christmas video is not a detailed showing of the contents of your home. But, just what you and your children got for Christmas. You need to have a detailed listing of the contents of your home. Not just a video of your Christmas presents. 9. Our daughter/son had there wedding out back there are lots of pictures of our house. That's great. I bet though the pictures you are discussing are of the outside of your home and not the inside. You can show off your landscaping. But, what about the contents of your home? 10. We never had a (you fill in the bank).(break-in, fire, storm damage etc.). That's great if you never had any problems. That's really wonderful. But, can you answer this, "What if...?"
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Are their any things sure in the home based industry. Of course. In fact the surest $1000 week method I know is leveraging EASY automated cash sites. Inside I am going to uncover what's wrong with conventional online business. And the secret to "$1000 a week in 3 weeks without fail"..... What Happens Usually?
Because:
*You need focus- It's a business and every business has other needs. Hence you have to put your time a little here and their and that takes time to master. ("The skill of management") *You need patience- Understand NO one in the industry has started and finished without failure. And most aren't ready for the persistence needed to be successful! The Sure Thing Automated cash site's are $30 and some are about $5. The website, hosting, autoresponder system are all taking care if it. So that's Ford eliminates cost. They sell your traffic and take of all of follow ups. Freeing up your focus which will now be solely on marketing. Each site is different but their results don't lie. You push 100 people to them and they convert 10 to sales. Once you know the number you create your own destiny. This took a un-patient marketer to making $1000 a week. and now having the cash to invest in his primary business!
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