Are you looking for your own business ideas and struggling to find an answer? The problem may be you, however, the solution is here ready to start today.
Business opportunities galore
You are sitting around wondering what would be a good business. You have gone online, searched for sale ads, and spoken to a few people but are no closer to a solution.
Consequently, you are now clasping your hands in despair and wailing that nothing will jump up and grab me. Oh me what can I do?
Business is all about money, or is it?
Firstly if you have no money can you have a business?
The answer is yes you can and we will show you how. By the end of this post, you can be earning money.
When you have a lot of money what business do you buy? Warren Buffett will tell you cash flow is the answer and he became one of the richest men in the world.
Above all is the fact that if you do something you love you will never work another day in your life.
How to find a business that suits you.
Now I want you to close your eyes and sit back and imagine what you want in life. How much money will make you happy. do you want an inside job or outdoor work? Where do you want to be? Working from home or in a big flash office?
If I can give you all that what will you give back?
This is no place for dreamers. Wishing for a million-dollar business while sitting on a beach drinking cocktails and everyone running around you is a Lotto dream. We want a serious dream and one that will completely overwhelm you with desire.
The business secret
There was a book and video out called The Secret. I read the book and watched the video and made my wish but alas it did not come through the door. I am not knocking this book because the basis is desire. If you want something bad enough it can be yours.
Another book by Napoleon Hill was Think and Grow Rich. Written over many years and published for the first time in 1937.
The premise of the book was The Secret. Napoleon interviewed 500 of the richest people looking for a common element of their success.
The answer is hidden in the book and you have to read every page to make your own decision.
It is about desire, commitment and never giving up.
If you believe, then it will come. However, what they forget to tell you is that there is a cost to success and that cost is called your commitment.
No one owes you a living.
If you are not prepared to get off your backside and have some real desire the gods will not favour you. It is a simple truth. We are all made equal however some end up more equal than others.
I hear the wail that I haven't got the time to do something. Well make changes and create time. Busy people have more time than lazy people, It is a fact.
We all have a 24 hour day and it is what you do with it that matters.
Your business's first tiny step
If you want your own business and could have it today, the first question to ask yourself is how much money would you like to earn every month and every year as a minimum.
This is a serious question because it will determine the type of business you need.
If you work on an hourly basis doing a labour based job and work 40 hours a week at $20 an hour you top out at $41,200 a year without missing an hour.
Therefore, if your need is $100,000 it won't work. Unless, of course, you can get $45 hour.
So, in this case, your plan would look like this.
|I want $41,200 a year||This is after expenses and tax|
|That' just $792 a week||Plus some for expenses and tax|
|I will provide 40 hours of labour||That's every day 5 days a week|
|I want this in 6 months time||I will build up every month|
|My plan of action is||Write it all down and make a commitment|
|My daily statement||Every day I will confirm my goal and track my progress|
Now you have a plan
Now that you have a plan, it might just suit you and be exactly what you could wish for.
Of course, there are a lot more details to go through, but unless you have a destination and a timeline with a commitment you have nothing.
Write out a clear, concise statement of the amount of money you intend to acquire, name the time limit for its acquisition, state what you intend to give in return for the money, and describe clearly the plan through which you intend to accumulate it.
Next. Read your written statement aloud, twice daily, once just before retiring at night, and once after arising in the morning. AS YOU READ—SEE AND FEEL AND BELIEVE YOURSELF ALREADY IN POSSESSION OF THE MONEY.
What type of business is best?
|Selling your labour||This is a hard start|
|Teaching and mentoring||Ideal for many|
|Retail industries||You need capital|
|Online income||Selling your products|
|Affiliate marketing||Selling other peoples products|
|Recurring income||Get paid every month|
Which of these is best for you? Personally I do most of them at some time so I combine my income from different sources.
Is labour a dirty word?
This depends on you. If you are a craftsman your hourly income can be very high however washing cars can be very low.
Preparing business videos can be great or providing social media skills to local businesses may be very rewarding. Labour is not a dirty word, it is selling your best assets for a great return.
Tutoring and mentoring
People stand on a stage and talk to an audience for half an hour, and they walk out with $10,000 for the effort.
Kayla Itenes made a workout video for women and used Instagram to market. Starting from home business, she is now a multi-millionaire.
A friend of mine is a high school teacher. Being an at-home mother she does after school tutoring. Because she has limited hours she charges a premium hourly rate. Her part-time income is far greater than a regular salary.
A customer has a tutoring business. He advertises on Facebook to get clients and then lines them up with local tutors and takes a cut of the hourly rate. An interesting aside is writing this: we are in the middle of the Coronavirus crisis. Schools are closed and he has so many clients that he can hardly cope. This is from a lounge room business in a local suburb.
Is the retail industry for you?
Generally, the retail industry requires capital expenditure but that is not always the case. An acquaintance of mine designs and makes homemade pens. These are made out of plastic and wood using common biro refills, he designs a lot around the tourist industry and makes them a great take-home gift.
Selling is at a weekend market in a tourist area. He makes enough on a weekend to last the week and makes a good living.
Selling online is the new wave
Online selling is growing faster than any other industry. Nearly every big business now has an online shop. You just need some internet training and a product and away you go. Earnings are unlimited.
Amazon is a great example of this growth however many compete and work with Amazon.
Affiliate marketing is an easy answer
Affiliate marketing is selling other people's products online. No stock, just a regular return on your sales.
The biggest example is Amazon, where you can quickly become an affiliate and start recommending any of tens of thousands of products.
There are so many affiliate programmes all looking for marketers just like you. Start today and earn tomorrow type arrangements.
However, don't start until you learn a few things about online marketing or you will be lost at sea.
Is blogging for you?
Blogging is generally long from marketing or technically conversational marketing. Bloggers make affiliate money and advertising income and often in huge amounts.
For instance, you are reading a blog now, that's what I do and included will be a few affiliate links. No shame there as I recommend products that will assist you and cost very little.
Furthermore, blogging can become a career and turn into a long term business that will repay you every month.
Certainly, there are a lot of bloggers but we can show you the way to the top in a few easy lessons.
Recurring income products
This is my favourite place in the world. I have been selling recurring income products for 20 years and they keep on paying out.
As a result, I am more than willing to share.
I have a bundle of products and my first is Wealthy Affiliate web hosting and internet training.
You can sign up for free and start recommending the product to others. When someone signs under you you get paid for every month they are a member.
Most importantly, everything I recommend comes free of upsells and extra payments to get the basics. There are a lot of scams in the world so beware.
Another related to this is the jaaxy keyword tool. Keywords are the most important tool in the box therefore having one is necessary. I wrote a lot more on Keyword tools recently. Above all, it is a great affiliate income
Your first act is to get some training.
First of all, if you have no basic knowledge, no website then no one will want to talk to you. Becoming an affiliate, blogging or selling online just won't happen.
Consider that you go to school for about 9 years to get into a university. Furtheremore Uni grabs another 3-5 years to qualify you for a job. Then you go to work in a junior position for a few years before making a reasonable income working the nine to five life.
Therefore spending a month or so to gather the basics of online marketing seems pretty cheap to me.
Certainly free training from the best in the business must be an incentive. Furthermore, you can get a free hosted website to use just for you.
Above all, get to understand SEO and Keywords before you attempt anything on the net.
How to get noticed in a crowded market.
Firstly, your web rankings revolve around Keyword selection, furthermore if you don't understand this you will NEVER succeed.
Secondly, Google invented SEO the art of being seen is in what you do.
Finally you can get to page one if you soimply follow a few basic rules.
In addition, it must be considered that readers don't go past page one of a search term. Your understanding of this is paramount to your success.
To clarify the above on your own business ideas you need an understanding when you start.
For example, making a plan and choosing a niche needs to be backed by a solid foundation.
Similarly, you need to support this with regular training as your new world is very dynamic .
Above all it will take some time, there are no get rich quick schemes that are worth any money.
Finally, I believe you will have enough insight to go forward and make a great future. That is to say, a business that will deliver an income.
Own Business Ideas by Peter Hanley
In addition, and when I read back I realise I have not put enough emphasis on social media.
When you apply effort to learn any module it is a great platform to work with others.
Above all is selling your newfound abilities to local businesses. Social media is a great opportunity.
Above all, take your opportunity to start your learning cycle today
To sum up this short document is based on basic training that will lead to success. Likewise it will show you a path to follow that above all will bring the results you want.
For example, any one unit that interests you can be an all-consuming business that will deliver a generour living.