Business Idea Depot Blog

18 Jul

8 Benefits Of Helping An Online Business Newbie

Do your remember when you first ventured out in the
online business world? You probably had questions
and problems along the way. Wouldn’t it have been
easier if you had help? When a newbie asks for your
advice, educate them; answer their questions and help
them solve their online business problems. If you do
not have the knowledge to help them out, point them
in the right direction.

You’ll get many benefits from helping online business
newbies. Below are eight possible benefits you could
receive:

1. You will feel good knowing that you had a part in
helping them build their business. You can sit back
and say “I had a part in their success.”

2. They may become one of your best friends. Most
people can use new friends, even business owners.
You may even become business partners and create
a totally new business together.

3. You could end up being strategic business allies
in the future. You could regularly do joint venture
and cross promotion deals with each other.

4. They may help you out with your business. Maybe
they will give you some testimonials or endorsements
for your products or services.

5. You might gain some valuable referrals from them.
They may also join your affiliate program and make
sales for your business.

6. They might offer you some free advertising space
on their web site or in their e-zine for your help. You
could also exchange advertising with them.

7. You both could end up developing a new product
or service together. The product or service could be
a combination of your current ones.

8. They might purchase the products you sell and
become one of your best customers. You could sell
them many back end products or services in the
future.

There are probably many other benefits you could get
from helping a new online business owner. Always
remember to help them out because it’s the nice thing
to do and not just to benefit your own business.

Quote of the Day:

“Only the educated are free.” — Epicetus

=================
Terry Simpson is owner of www.BusinessIdeaDepot.com
Blog: http://www.businessideadepot.com/blog
Article Directory: http://www.businessideadepot.com/article-directory
For A Home Business You Can Believe In
PLUS All The Info To Make It Succeed
Don’t miss: http://www.businessideadepot.com/recommends/pips
=================

16 Jul

How to invest now for future profits.

I’ve owned several businesses over the years, and I’ve learned what it takes to build a business that earns a profit. So, I understand that I have to invest work, time, and money now in order to get a future, larger return. It doesn’t always work, but I’ve been successful more often than not.

That said, I think it is unrealistic to expect someone with no knowledge of marketing, advertising, and building a business to “get” the SFI opportunity quickly. A great resource for these new business owners (or experienced business owners, for that matter) is Cashflow Quadrant, by Robert Kiyosaki. It helped me.

When I read it a couple of years ago, I started understanding the huge differences between the left side of Kiyosaki’s quadrant (employee and self-employed) and the right side of the quadrant (business owner and investor).

Employees and self-employed people trade time for money on a more or less static ratio that only changes if they get a raise, charge more per hour or per project, or find a way to reduce expenses. If you work, you earn a certain amount, generally several dollars per hour.

On the other hand, business owners and investors learn how to concentrate their efforts and money up front, receiving a larger return in the future as their investments are leveraged and compounded.

For example, as the owner of a marketing business run almost entirely online, I’m earning money for things I did last week, last month, and even several years ago, because I invested the time, effort, and money over time in the past. As a result, today I have several income streams that provide 100% of my income, letting me work from a cabin in the mountains about 100 miles from the nearest traffic jam. I really do earn while I sleep!

The patience required to keep building and looking for potential comes from my experience of building and owning past businesses and watching, over time, as my income from my marketing business continues to grow. Without that experience and an ever-changing mindset, I would have bailed out a long time ago because I didn’t see the big picture and couldn’t understand the potential.

As SFI sponsors, our challenge is to find a way to pass along some of this knowledge and experience to our affiliates who have a dream of building a home business but lack the knowledge and skills to make it happen—joining SFI and promoting EyeEarn comes darn close.

You also have to have faith and hope that your efforts will be rewarded. I decided that my marketing business won’t fail. It has to succeed because that is the only outcome I will accept. That gives me the fortitude to weather problems and find ways around obstacles that would have otherwise defeated me several times over the last few years. In fact, I now earn more in one month than I did in my first two years, and it continues to grow. There are occasional downturns and some really horrible months now and then, but overall, the trend is upward.

Most importantly: act on your dream, and pass your enthusiasm on to others!

=================
Terry Simpson is owner of www.BusinessIdeaDepot.com
Blog: http://www.businessideadepot.com/blog
Article Directory: http://www.businessideadepot.com/article-directory
For A Home Business You Can Believe In
PLUS All The Info To Make It Succeed
Don’t miss: http://www.businessideadepot.com/recommends/pips
=================

14 Jul

How To Make The BIG Money In SFI… FAST!

Yes! Finally! What you will read here is what you’ve been waiting for and wanting to know! It’s my gift to you. Use it or lose it! You CAN quickly make all the money you want by properly using SFI’s amazingly easy, efficient, and effective system. I know that SFI’s money-making system works. I know how it works. And I can show you exactly what to do. I’ll even help you get there. For as long as it takes you to begin making money, I’ll stay with you. And I’ll work with you too, helping you from now on to continue making BIG money with SFI. ***I’m an Executive Affiliate soon to become a Bronze Team Leader***. I possess the knowledge and the experience that you need to have, having blazed the trail to successful leadership. All you’re required to do, to obtain the same success I and many other leaders have, is to follow the simple path that SFI has already provided for you, and go down the path that I’m now laying out for you, in detail, here in this document. 1) First, you must become an Executive Affiliate, and you need to remain an EA every month. Just figure out how to do it. Then do it! If you want to succeed in SFI, and I’m sure you do, this part is absolutely essential and mandatory! Do not neglect it or minimize its importance! Why is this? Because if you never set yourself up for EA status now, you’ll probably never make the really big money that you can get from SFI. But, never fear! Never say never. Becoming EA is easy! An absolute no-brainer it’s so simple to do. You can even be EA for free! How about that! All it takes for you to be EA is for you to produce at least ten (10) Sales Volume Points (SVP) every month by retail sales or personal purchase of any of SFI’s products and services, the ones that appeal to you. It’s totally your choice how you become and remain EA. Any combination of SVP that you want to produce that adds up to a minimum of 10 SVP, or more, will also do the trick. Here’s a good way! Replace what you now buy elsewhere and instead get it from SFI. Your 10 SVP is “free” - no extra out-of-pocket expense. SFI’s International Association of Home Business Entrepreneurs (IAHBE) is another excellent, and very inexpensive, way to become and stay EA. Or use SFI’s products and services yourself. Check out the quality. Compare the true cost with other vendors. You’ll be sold and can sell easily. Then, let others know what you know… that SFI has the best products and services available. They’ll see your enthusiasm and buy from you! Even better, they may like what they get from SFI so much that they will join SFI as your latest and greatest personally sponsored affiliate! Newest and best too… because they purchased from you. Follow up with these folks often! Because they definitely have an interest in SFI. 2) Secondly, you need to become a Team Leader, sponsoring a minumum of just five (5) EAs, and you should do this as soon as you can. Don’t worry about this or be concerned. Team Leader status can be very simple and easy to accomplish too. And quicker than you may think. So, let’s see. How can advancing to Team Leader be done? Here’s something very important that I recommend highly that you do now, today! Sign yourself up for SFI’s EyeEarn Advertising Network. For only $20, plus shipping, SFI will mail you an advertising kit. The kit contains a T-Shirt, banners and bumper stickers to place on your car, and other advertising materials. This kit allows you to advertise the network as you go about your daily activities. Hands off, every month that you remain qualified for EyeEarn, you’ll be getting free affiliates and free money! As a participant in the EyeEarn Network, you’ll start receiving new affiliates personally sponsored in your name and extra income in your monthly commission as an extra benefit. These new affiliates that EyeEarn gives you, plus any others you produce yourself, will become your source for potential new Executive Affiliates. As Personally Sponsored Affiliates (PSAs), they’ll be your pool of affiliates from where your new EAs will come. 3) Now all that’s left for you to do is this final action: Let all your PSAs see this document - often… the document that you’re reading now. And it also might be good, even quite helpful, to find out from them what they want in return for becoming the newest lucky EA on your team. Ask them! Find out what it is! Give to them whatever they want, such as a gift certificate, an incentive, or other convincer that you can come up with to convert them. If you have extra PSAs, reassign some of them to your PSAs who demonstrate interest to you. This works very well. However, simply reading this document may be all that your PSAs need to convince them to promote themselves to Executive Affiliate status. You can copy this document and send it to your PSAs. Copy and save it. You’ll be able to send it to folks easily. Keep on with this process. Advise your EAs to also keep on with this process. They will follow you and use this process… because it works! They will become Team Leaders like you, in profit, will remain active Team Leaders, and you each definitely WILL make BIG money with SFI. Take any, or all, of these actions, and you’re well on your way to becoming a wealthy and respected Team Leader, one who SFI values highly. Provided, of course, that you and your PSAs do what it takes to rise to leadership in SFI to ultimately get all the rewards that SFI gives you. HINT #1: It’s better to build deep instead of wide so that you produce the highest possible income. This means that the Team Leaders on your team need to produce Team Leaders just like you’re producing Team Leaders, following your example, building deep. If all you and they do is produce EAs, in other words building wide, you and your EAs will not make as much money. HINT #2: Produce as many EAs every month as you can! This is vitally important! Be sure to stress its value to all your EAs. You each will make the most money possible with SFI, because SFI pays you double when you sponsor more than one EA in any one month. HINT #3: Don’t sit back and do nothing. That guarantees you WON’T make money! Set goals. Be active. Do something every day to reach your goals! What you have with SFI is a business, not a job! You’re the Boss! You make the decisions! You, and only you, get it done! As Gery Carson, President and Founder of SFI says, “IF IT IS TO BE, IT IS UP TO ME!” And guess what - that’s exactly how Gery got where he is today! Follow his example, and mine, and you WILL profit with SFI! DO THIS! It’s how every leader in SFI has done it. If you are not yet a member of SFI just follow this link: http://www.ezinfocenter.com/9894357/Free Let me know how I can help! ================= Terry Simpson is owner of www.BusinessIdeaDepot.com Blog: http://www.businessideadepot.com/blog Article Directory: http://www.businessideadepot.com/article-directory For A Home Business You Can Believe In PLUS All The Info To Make It Succeed Don’t miss: http://www.businessideadepot.com/recommends/pips =================

10 Jul

EYEEARN.COM- Get seen,Get Paid.

What is it? EyeEarn is SFI’s new advertising co-op. It’s also an exciting new way to recruit affiliates and build lucrative residual income streams.

EyeEarn’s basic concept is for you to become part of our “personal advertising network,” and get paid for advertising while just going about your day—driving your car, walking your dog, wearing T-shirts, or even just drinking coffee! Get seen–get paid!

Getting started with EyeEarn is super-easy: Just purchase a $20 EyeEarn Starter Kit. The kit includes three EyeEarn banners for your car(s), an EyeEarn T-shirt, 100 EyeEarn X-Cards, and 20 EyeEarn mini-stickers (plus complete directions and a Getting Started Guide).

Simply verify with SFI that you’ve outfitted your car with a banner. You’ll then begin receiving a share of the fruits of the entire, worldwide EyeEarn advertising network!

And this is where EyeEarn starts to really get exciting. As an active “EyeEarner,” you’ll also receive your share of new SFI affiliates signing up at the new EyeEarn.com Website. From every participating SFI affiliate in every country worldwide!

For each signup you receive, you will be recorded as the SFI Sponsor, and you’ll be eligible to receive all Sponsor benefits and commissions. This includes unlimited Executive Match Commissions and unlimited Team Match Commissions, which can be earned infinitely deep as your organization grows downward.

To learn more follow this link
https://www.sfimg.com/Resources/EyeEarn/EyeEarnOpp.sfi

If you are not a member yet you can sign up here: http://www.ezinfocenter.com/9894357/EE

Anyway, let me know how I can help!

=================
Terry Simpson is owner of www.BusinessIdeaDepot.com
Blog: http://www.businessideadepot.com/blog
Article Directory: http://www.businessideadepot.com/article-directory
For A Home Business You Can Believe In
PLUS All The Info To Make It Succeed
Don’t miss: http://www.businessideadepot.com/recommends/pips
=================

07 Jul

How To Explode Your SFI Business with a ‘BounceBack’ Message Campaign

Would you like to know how to send thousands of emails every single day promoting your business to people that are all proven marketers?

What if I told you that you can and it wouldn’t cost you one penny?
 
That is exactly what an effective “bounce back” campaign will do for you!
 
What is a “Bounce Back” message?

A BounceBack email is an email that you send back to anyone that sends you an email promoting their business or opportunity. The people sending these emails to you are prime prospects for your opportunity. They own a computer, they’re working to promote their business and they are motivated. That’s why they emailed you in the first place. These are the people that make money on the Internet, but they can be very hard to reach with YOUR message.

The system I will explain will show you how to get thousands of these highly-qualified prospects to send you their email promoting their business or opportunity.

Why do you want them to do that? So you can send your email advertisement right back to them! And just for good measure when we’re all done you’ll have a classified ad on thousands of websites promoting your opportunity.

The best part is that the entire campaign is not going to cost you one penny!

So lets get PART ONE started:
The first thing you are going to need is a “throw away” email address. This is the email address that all these prospects are going to be sending their message to. I recommend getting a Yahoo, Excite or Hotmail address, but any will do. Remember, you are going to be getting thousands of emails sent to this address. You will never read any of them so it needs to be a completely separate address that you can go in to every week to delete all the emails.
 
After you have the email address, you want to go in to the “preferences” area and click on “vacation message”. This feature is designed to send a response to people telling them you will be away and when you will get back. It will automatically send whatever you type in there to each and every person that sends an email to that address.
 
When you click on the vacation message it will ask you what you want your automatic response to say to the people sending emails. This is where you type in your advertisement regarding your opportunity. Use one of the SFI approved ads and your keycoded SFI Gateway Link.
 
That’s it. That part is all done. You now have an email address that will automatically send a response to anyone that sends you an email at that address. OR, you copy and paste your ‘MESSAGE’ and FORWARD BACK to whoever you get an advertising email from in your mailbox. (I am sure you find a few of these in your mailbox!)

Here’s PART TWO:
Now you need all these prospects to start sending emails to YOUR throw-away address . . . right?

There is a system that allows you to post your classified ad at thousands of web sites absolutely free.

Check with your Sponsor for the specifics on the Submission Program he uses as he is probably very satisfied with it. If your Sponsor or Upline doesn’t have a program name for you, then see this link and select a Classified Ad site of your choice. http://www.sfiteam.com/Classifieds/

In exchange for giving you a free ad at their site, the owners of these sites will be sending you their advertisement for whatever company they may be involved with (which will trigger your BounceBack Message once).

You are going to use this system to post your free classified ad all over the Internet. That’s where it stops for most people. Most people are only interested in the free classified exposure. Not us.

We know what good prospects these people are we want to get their email so that we can send them ours! Other people will get buried in unwanted emails containing thousands of different opportunities. Not you! Your going to use your “throw away” email address. When you set up your free classified submission account, it will ask for your email address to send the “confirmations” to, enter your new Yahoo, Excite, or Hotmail ‘throwaway’ email address.

That’s it! You can submit as often as you like. You can set it up to place ads while you sleep! You’ll get thousands of FREE Classifieds and your email advertisement will be sent out to thousands of people every time you do. This is just one example of how to use your new throwaway email address. You should try to get it on as many lists as possible by using your throw-away address whenever you post anywhere on the Internet.

Let me know how I can help!

=================
Terry Simpson is owner of www.BusinessIdeaDepot.com
Blog: http://www.businessideadepot.com/blog
Article Directory: http://www.businessideadepot.com/article-directory
For A Home Business You Can Believe In
PLUS All The Info To Make It Succeed
Don’t miss: http://www.businessideadepot.com/recommends/pips
=================

19 Jun

SFI Leader Recognition

DID YOU KNOW?…The Peak Performer contests are designed to give the recognition our SFI leaders deserve. Each quarter, personalized trophies are awarded to the top three movers and shakers in the following Peak Performer areas:

  1. Top Sellers - recognizes excellence in personal sales.
  2. Top Sponsors - recognizes excellence in sponsoring, based on the number of new Executive Affiliates sponsored.
  3. Top Leadership Builders - recognizes excellence in the development of Team Leaders.

The top 10 leaders within each of these categories are also selected for inclusion in SFI’s President’s Club — a very special club including interviews and profiles from our best and most successful leaders. PLUS, SFI will award a special, personalized Peak Performer-of-the-Year Trophy to the top finisher for the year in each of the three categories. What’s more, ALL the top three quarterly Peak Performer winners will be automatically entered in an exciting year-end grand prize drawing.To find out how you can qualify for Peak Performer perks and awards, check out the Peak Performer rules and qualifications at the SFI Affiliate Resource Center.

Get Your Messages Read

Even the most well-written message will do you no good if it never arrives in your affiliate’s e-mail inbox. Make sure your welcome letters and other messages don’t fall prey to the various spam filters used by all e-mail hosts. These filters typically identify words (especially if used repeatedly in an e-mail) they deem likely used in spam. Fortunately, there are numerous free online tools you can use to help ensure your messages don’t get flagged as spam and instead reach your recipient’s inbox as intended. For maximum effectiveness, we recommend you check each of your messages using two or more of these checkers:

Mailing Check
http://www.mailingcheck.com/

SpamCheck
http://spamcheck.sitesell.com/

Lyris Content Checker
http://www.lyris.com/resources/contentchecker/

Melon Stork Email Deliverability Spam Checker
http://www.melon.com.au/tools/spamcheck/

=================
Terry Simpson is owner of www.BusinessIdeaDepot.com
Blog: http://www.businessideadepot.com/blog
Article Directory: http://www.businessideadepot.com/article-directory
For A Home Business You Can Believe In
PLUS All The Info To Make It Succeed
Don’t miss: http://www.businessideadepot.com/recommends/pips
=================

14 May

17 Low-Cost Ways to Get Newsletter Subscribers

I have been away for quite awhile and I apoligize. Many factors have contributed to this and I won’t bore you with the details. It’s still not all completely over but I should have more available time.

First I wanted to say Great Job to those of you who are working hard to build your business. It isn’t easy and to see so many people doing so well really excites me. This team has grown very quickly and the last few months has seen these people qualify for the EA ranking: Jerry Miller has 8 affiliates, Joy Oda has 21 affiliates, Candy StClair has 8 affiliates, Rosemary Brown has 12 affiliates, Otis Benton has 7 affiliates, Jannette Blair has just started with 1 affiliate. Wow, keep up the good work.

Todays article:

17 Low-Cost Ways to Get Newsletter Subscribers

Online newsletters and ezines are one of the most cost-effective tools you can use to market your business. Customers and prospects who subscribe to your newsletter mailing list are giving you the opportunity to establish a relationship with them. Once they opt-in to receive your newsletter in email, you can build that relationship, establish trust, and nail down sales by sending the newsletter regularly. The more people who subscribe, the more sales you’ll land.

And there’s the rub. Your newsletter is only as good as your list is. How can you get people to subscribe to your online mailing list? Better yet, how can you get a lot of people who don’t even know you yet to subscribe to your ezine, thereby asking you to send them information on a regular basis about your business?

Here are several ways to accomplish that feat without spending bucket loads of money on marketing.

1. Make a subscription form a prominent feature of your website. The more visible your sign-up box is, the more subscribers you’ll get. Although most of us would like to think visitors to our website diligently read through every word on our home pages, the truth is that most first-time visitors never scroll all the way to the end of the page. So, moving a sign-up box from the bottom of your web page to the top can double or triple the number of people who see it and give you their email address.

2. Put a subscription box on every page of your website. Most businesses have only one door through which the public can enter. And most website owners consider their home page to be analogous to that public “front door.” But it’s not. Instead of having just one “door” on the Internet, you website has as many “doors” as you have pages on the site. Depending on what a web surfer searches for in the search engines, they may find your product pages, or your credentials page, or any other page on your website and never see your home page! So, get that newsletter signup box on every page.

3. Ask people to subscribe to your newsletter mailing list when they complete a purchase. Just because someone bought a product from you once doesn’t mean they’ll remember to come back  the next time they need something you sell. To get that customer back again, be sure you capture the customer’s email address as part of the sale and include a checkbox on the form letting people indicate that they’d like to be included on your mailing list.

4. Capture names of people who leave a product site without buying. Not every customer buys the first time they visit a web site. Consider including an exit page on your site that asks people to sign up for your newsletter. Give them good reasons to do so — testimonials from others who are receiving the newsletter, promise of notice of future discounts, or getting a free informational product if they sign up now, all help encourage first-time visitors to subscribe to your newsletter.

5. Ask current subscribers to forward your newsletter to their friends. Word of mouth is one of the best ways to grow your newsletter list. Remind your readers to spread the word about you by including a note in every newsletter asking them to please forward the newsletter to their friends who would be interested in reading it. Be, sure, too, that there’s a prominent link to your subscription page in every issue of your newsletter.

6. Promote your newsletter at seminars and talks. If you give seminars or talks on your area of expertise, be sure to let your audiences know that you have a newsletter and what the benefits of subscribing to the newsletter are. And don’t forget to include your newsletter subscription link in your handouts.

7. Promote your newsletter in your 30-second commercial. Many organizations give members a few seconds at the beginning or end of meetings to introduce themselves and their businesses. End your “commercial” with an appeal to visit your website and sign up for your newsletter.

8. Archive past newsletters on your web site if offers haven’t expired. The search engines may spider the past issues, giving you new visitors. Put a link to your subscription signup page on the top and the bottom of every archived issue on your site.

9. Include testimonials on the signup page to show what other say about the publication. Sure, you think your newsletter is valuable, but that’s not what site visitors want to know. They want to know what other people think about your newsletter. So, save all those glowing comments your readers send in, ask for permission to post them, then include some of them on you subscription signup page.

10. Have a link to past issues on the signup page to so that those who are considering signing up will be able to see what they’ll be getting.

11. Write articles and distribute them to trade groups and to appropriate online websites. Include a sign up link in your author’s resource box at the end of the articles.

12. Offer a free gift — downloadable of course, so you have no delivery charges — to those who sign up for your newsletter. To simplify the delivery process put a link to your freebie in the thank you note you send to new subscribers. And, just in case any of those new subscribers pass on the link to their friends who haven’t subscribed, put a subscription box on your free offer page, too. Lead it off with a note that says “Not a subscriber yet? If a friend sent you a link to this page, sign up for your own copy of [your newsletter name].”

13. Include information about your website and mailing list in every package you send out to existing customers.

14. Get a friend in your industry to promote your newsletter to their mailing list — then promote the friend’s list in yours.

15.  Include a link to your newsletter subscription page in the “sig” line you use when you participate in mailing list discussions. (Mine reads: “Free Business Newslettter: http://www.businessknowhow.com/newsletter/subscribe.htm)

16. Send a postcard mailing to targeted mailing lists you’ve built from collecting business cards or from the newspaper. Use the mailing to solicit newsletter signups. To get the recipients to take action, offer a free gift (a downloadable product) to people who subscribe by a specific date.

17. Never stop soliciting subscribers. Email addresses change, and their email becomes undeliverable. People’s information needs or product needs change, and they unsubscribe. Keep your list fresh and growing by continually promoting your mailings.

About the author
Janet Attard is the founder of the award-winning  Business Know-How small business web site and information resource. Janet is also the author of The Home Office And Small Business Answer Book and of Business Know-How: An Operational Guide For Home-Based and Micro-Sized Businesses with Limited Budgets. 
 

12 May

Your Home Business: Turning Pennies into Dollars

Henry Ford taught us that to simplify the manufacture of
automobiles, that the best way to do so was to install the
assembly line. That one change revolutionized the auto
manufacturing industry permitting the industry to build cars at
a cost whereas the average person could afford to buy one.

The lesson we should take from this is that having the ability
to improve the process of getting the job quicker and cheaper,
without compromising the quality of the job being done, will
help catapult the person who simplified the process to the top
of his/her field.

Pennies saved in your home business can turn into dollars at the
end of the day, and dollars can quickly multiply into hundreds
or thousands of dollars over time.

Doubt me if you will, but let me ask you a question. Do you
think a saving of two fifths of a penny could make any real
difference in the profit margin of a home business? Of course
the right answer is “it depends on how many transactions are
done in a year, utilizing the savings of the two fifths of one
penny.”

You only have to think back a couple of decades to really
appreciate this question. Do you remember the nut that lived and
died in a Las Vegas hotel room? You know the one who was a
billionaire, and was so worried about germs that he died of
starvation? If you guessed Howard Hughes (1905-76), pat yourself
on the back.

Now Howard did not make all of his money on his two fifths of
one penny. He did however make a ton of money from his two
fifths of one penny. It seems Howard owned a can manufacturing
company. And one day, Howard`s team figured out how they could
make one minor change in the design of their food can to reduce
the amount of tin necessary to make a single can.

As the story goes — if my memory serves me correctly — the
reduction in tin usage equaled a saving of two fifths of one
penny per can. Howard — being the really smart businessman
that he was — decided that he would not be so greedy as to
keep all of the savings for himself. What Mr. Hughes did do was
to keep half of the savings for himself, and give the other half
to his customers. The incredible thing about Mr. Hughes decision
is that by saving his customers an extra one fifths of one cent
per can, he managed to take more market share away from his
competition — netting his company an additional and
substantial portion of the total market share in the canning
industry.

Let us return our thoughts to your home business. Have you ever
gotten the feeling of excitement — when you read something or
thought of something — that you could not wait to implement
this new idea? This could be one of those moments…

In every home business, there are certain processes that we do
over and again. Sometimes it may be possible to trim the time or
expense of a process which in turn will add pennies or dollars
to your bottom line. If it is a process that you do hundreds or
thousands of times per month, then your savings will multiply
into hundreds or thousands of dollars in monthly savings.

Imagine what running a home business was like BEFORE the
computer…

Before the personal computer, we had to hand type all letters
and invoices. Now, we can setup a letter or invoice that we send
out quite often, and we can save it in our word processor so
that when we need to use it again, we can print it quickly and
efficiently. There is no longer a need to type the document
again from scratch.

The computer has simplified our business communications and has
provided us the opportunity to reduce our costs of doing
business.

Think about all of the other processes that the computer has
enabled us to do for far less expense than what we could in the
past.

In this case, the computer is a tool that permits us to save
time and money.

So, my challenge to you is to begin examining the processes in
your own home business and look for ways in which you can save
yourself time and money. It is far better for you to contemplate
on this matter than it is for me to do so for you. Simply put,
you know your business better than anyone on the planet does.
Therefore, you are in a better position than anyone to find
those extra dollars that will decrease your costs and increase
your profits.

The extra pennies and dollars you could extract from your
business could spell the difference between success and failure
for your home business enterprise.

About the Author:
————————————————————
Stone Evans, The Home Biz Guy has helped thousands of people
in over 200 countries around the world start and run a
successful home business. Discover 3 easy steps to start
your own home business and subscribe to The Home Biz Guy’s
Free Home Business Secrets Mini-Course at:
http://www.PlugInProfitSite.com/main-19470/free.html
————————————————————

Quote of the Day:

“We are what we repeatedly do. Excellence, therefore, is not
an act but a habit.” — Aristotle
Best regards,
Stone Evans, The Home Biz Guy
http://www.PlugInProfitSite.com/main-19470/free.html

P.S. Get your free Dotcomology book at:
http://www.PlugInProfitSite.com/main-19470/dotcomology.html