Home For Sale signs litter my street. From my front porch I can see three for sale signs, and if I walked around the block at least 20% of the homes in my neighborhood are for sale.
Just today the Commerce Department released some numbers that support my opinion that home sales are suffering. According to the g-man report, new home sales dropped by 6.6 percent in June. This number is three times what the so-called experts expected, and caps a horrible year in new home sales.
Why should you or I worry? Well, home sales are the pointy end of the consumer spear. A home sale leads to appliance, furniture, and landscaping sales, which translate into jobs and income. The decline in home sales should not be seen as a harbinger of doom, but do reflect a drop in consumer confidence that can create a trickle down affect on local economies. Home buyers will also see the decline in sales as a buying opportunity, and choose to wait out the inevitable price drops—thus compounding the problem.
Thursday
Home Business Update
Life is good. On 26 July we added three people to the team, and had another three upgrade their account to the Executive level.
I've been surfing thorugh the Census Bureau and Small Business Administration websites looking at home business statistics. Here are some interesting numbers I found:
Over 85% of new millionaires in America did not inherit their wealth--they earned it, generally through business ownership.
Real median income of American households dropped over 2% in 2003. This trend continues and reflects how job holders are experiencing a drecreae in their effective take home pay.
IMO, the only solution is to own your own business. Business owners in America are becoming millionaires at a record rate, while the employed American is losing purchasing power. Starting a business is actually easier than you may think, and does not require a huge wad of cash. A home business is not for everybody, but if you're interested, click on my link below.
Go To Free Tour Now!
I've been surfing thorugh the Census Bureau and Small Business Administration websites looking at home business statistics. Here are some interesting numbers I found:
Over 85% of new millionaires in America did not inherit their wealth--they earned it, generally through business ownership.
Real median income of American households dropped over 2% in 2003. This trend continues and reflects how job holders are experiencing a drecreae in their effective take home pay.
IMO, the only solution is to own your own business. Business owners in America are becoming millionaires at a record rate, while the employed American is losing purchasing power. Starting a business is actually easier than you may think, and does not require a huge wad of cash. A home business is not for everybody, but if you're interested, click on my link below.
Go To Free Tour Now!
Wednesday
Research Results For Home Business
Here’s a bit of info from the Small Business Admin people you may find interesting.
The research project identified two specific habits of successful home business owners, both of which seem fairly obvious and commonsense to me.
1. Home business startups are usually started on a part time basis until they have a chance to prove themselves and possibly replace the business owner’s job income.
2. Home biz folks tends to avoid opportunities that require large upfront investments or require purchase of large inventories that may not be returnable.
This all makes sense to me. I don’t buy or hold any stockpiles of inventory or equipment for my home business, and yes, I’m working it part time as I build an income. One day I hope my efforts will replace my job income.
Follow this link to get your copy of this June 2007 research project:
http://www.sba.gov/advo/research/rs304tot.pdf
Go To Free Tour Now!
The research project identified two specific habits of successful home business owners, both of which seem fairly obvious and commonsense to me.
1. Home business startups are usually started on a part time basis until they have a chance to prove themselves and possibly replace the business owner’s job income.
2. Home biz folks tends to avoid opportunities that require large upfront investments or require purchase of large inventories that may not be returnable.
This all makes sense to me. I don’t buy or hold any stockpiles of inventory or equipment for my home business, and yes, I’m working it part time as I build an income. One day I hope my efforts will replace my job income.
Follow this link to get your copy of this June 2007 research project:
http://www.sba.gov/advo/research/rs304tot.pdf
Go To Free Tour Now!
My Home Biz Progress
Finding Success In The Midst of Summer
In the midst of the late summer doldrums, things are moving along pretty good at the home business ranch.
This last few weeks we have managed to add 53 new members and had 8 people upgrade to Executive level positions. Hey, it’s starting to click, and I have my readers at myspace to thank for a portion of that success. Thank you.
What’s all the fuss about? Heck, all I know is that people like having an option to the traditional job market routine. A home biz isn’t for everybody, but for some it is the only way to go. Keep your day job for now, but look into starting your own biz as soon as possible.
http://www.automaticbuilder.com/bt45223/?source=blog
Sunday
Build Massive Business Networks
The future of network marketing begins with you, today.
Network Marketing, also known as Multi-Level Marketing, offers an incredible opportunity to the go-getters of today’s marketplace. The concept has born the criticism of skeptics and been tested by time, as well as the courts. According to industry records, nearly $100 billion in goods and services are sold around the world each year via network marketing, and over 25 million people are involved as distributors. How big of a piece of this pie do you want?
Network Marketing is a viable tool for achieving lofty financial goals, but it does not come easily, nor is wealth assured for the greedy and dishonest. Network Marketing is not about using people, but about getting other people involved in the business as your partners. I won’t tell you recruiting people into your business will be easy, in fact it may be your biggest challenge, but according to national surveys, well over 90% of all adults in America dream of owning a home-based business.
There is nothing new about engaging other people to help you attain financial goals. Capitalists have known for generations that true wealth was built upon the shoulders of huge labor forces and the control of production machinery. Exploitation was the name of the game, and soft-hearted, philanthropic businessmen were often short-lived.
Adam Smith revealed the secrets of capitalism to the world in his book The Wealth of Nations. Smith’s book goes into painstaking details of the manufacturing process and how the use of capitalistic concepts, such as the division of labor, mass production, and the use of a carefully orchestrated labor force, can enrich the entrepreneur and allow the consuming society to benefit from higher quality products, sold at lower prices than what competitors offer.
Smith used the example of a pin factory to demonstrate how a one-man operation may be able to produce a handful of pins per day, where the individual steps in its production may include drawing a thin strip of steel from a spool, cutting it to size, flattening an end for the eye, sharpening an end for the point, and finally packaging it. Each of these steps, accomplished by one individual, takes a considerable amount of time, and the proprietor of the pin factory is limited in his sales by his production capacity.
Using Smith’s principles, a pin factory entrepreneur could hire five workers to complete the individual tasks of producing and packaging pins. The production capacity of this factory does not simply go up by five times, rather, because of specialization, the production capacity and product quality increases geometrically.
This is the beauty of mass production and the proper use of a labor force. In a sense, network marketing allows you to duplicate yourself through the efforts of a motivated workforce. What would you rather have: 10% of all the sales you could generate by yourself, or 2% of all the sales your network produces? Network Marketing harnesses the powers of capitalism Adam Smith wrote about over 200 years ago. Frederick Taylor’s scientific management theories provide a more recent example.
Frederick Taylor’s concepts of scientific management revolutionized how mass production was accomplished. Best known for his time and motion studies, Taylor demonstrated that the careful use of labor, through training and goal setting, could dramatically increase an organization’s production capacity. Likewise, through training, motivating, and deliberate goal setting, you can reap the benefits of explosive organizational growth and sales.
Until the development of network marketing, the keys to producing and selling a product were held by a handful of wealthy industrialists. In the early 20th century the common laborer considered himself lucky to hold a steady job and to receive a wage that could be stretched to meet the daily living needs of his family. Going into business for himself was an unlikely option, and at best was generally small mom and pop operations with little potential beyond Adam Smith’s one-man pin factory example.
Today, you have a chance to build your own empire, while helping other people at the same time. Unlike traditional business organizations, your success is dependent upon the success of the people within your personal organization, and the day you forget that, is the day your business will collapse. In network marketing, you do not exploit people; you help people. And in the process of helping other people realize their goals, your goals will magically fall into place also.
Fortunes are being made everyday in network marketing. Are you ready to step up to the plate and claim your piece of the game? Network marketing does not require you to be beautiful, college educated, or heir to an empire. All you need is the conviction to believe in yourself, and the gumption to get out and make something positive happen.
Ron Taylor helps people build business networks. You can explore his home-based business opportunity b clicking on the banner below:
Network Marketing, also known as Multi-Level Marketing, offers an incredible opportunity to the go-getters of today’s marketplace. The concept has born the criticism of skeptics and been tested by time, as well as the courts. According to industry records, nearly $100 billion in goods and services are sold around the world each year via network marketing, and over 25 million people are involved as distributors. How big of a piece of this pie do you want?
Network Marketing is a viable tool for achieving lofty financial goals, but it does not come easily, nor is wealth assured for the greedy and dishonest. Network Marketing is not about using people, but about getting other people involved in the business as your partners. I won’t tell you recruiting people into your business will be easy, in fact it may be your biggest challenge, but according to national surveys, well over 90% of all adults in America dream of owning a home-based business.
There is nothing new about engaging other people to help you attain financial goals. Capitalists have known for generations that true wealth was built upon the shoulders of huge labor forces and the control of production machinery. Exploitation was the name of the game, and soft-hearted, philanthropic businessmen were often short-lived.
Adam Smith revealed the secrets of capitalism to the world in his book The Wealth of Nations. Smith’s book goes into painstaking details of the manufacturing process and how the use of capitalistic concepts, such as the division of labor, mass production, and the use of a carefully orchestrated labor force, can enrich the entrepreneur and allow the consuming society to benefit from higher quality products, sold at lower prices than what competitors offer.
Smith used the example of a pin factory to demonstrate how a one-man operation may be able to produce a handful of pins per day, where the individual steps in its production may include drawing a thin strip of steel from a spool, cutting it to size, flattening an end for the eye, sharpening an end for the point, and finally packaging it. Each of these steps, accomplished by one individual, takes a considerable amount of time, and the proprietor of the pin factory is limited in his sales by his production capacity.
Using Smith’s principles, a pin factory entrepreneur could hire five workers to complete the individual tasks of producing and packaging pins. The production capacity of this factory does not simply go up by five times, rather, because of specialization, the production capacity and product quality increases geometrically.
This is the beauty of mass production and the proper use of a labor force. In a sense, network marketing allows you to duplicate yourself through the efforts of a motivated workforce. What would you rather have: 10% of all the sales you could generate by yourself, or 2% of all the sales your network produces? Network Marketing harnesses the powers of capitalism Adam Smith wrote about over 200 years ago. Frederick Taylor’s scientific management theories provide a more recent example.
Frederick Taylor’s concepts of scientific management revolutionized how mass production was accomplished. Best known for his time and motion studies, Taylor demonstrated that the careful use of labor, through training and goal setting, could dramatically increase an organization’s production capacity. Likewise, through training, motivating, and deliberate goal setting, you can reap the benefits of explosive organizational growth and sales.
Until the development of network marketing, the keys to producing and selling a product were held by a handful of wealthy industrialists. In the early 20th century the common laborer considered himself lucky to hold a steady job and to receive a wage that could be stretched to meet the daily living needs of his family. Going into business for himself was an unlikely option, and at best was generally small mom and pop operations with little potential beyond Adam Smith’s one-man pin factory example.
Today, you have a chance to build your own empire, while helping other people at the same time. Unlike traditional business organizations, your success is dependent upon the success of the people within your personal organization, and the day you forget that, is the day your business will collapse. In network marketing, you do not exploit people; you help people. And in the process of helping other people realize their goals, your goals will magically fall into place also.
Fortunes are being made everyday in network marketing. Are you ready to step up to the plate and claim your piece of the game? Network marketing does not require you to be beautiful, college educated, or heir to an empire. All you need is the conviction to believe in yourself, and the gumption to get out and make something positive happen.
Ron Taylor helps people build business networks. You can explore his home-based business opportunity b clicking on the banner below:
Saturday
Make Money At Home
Achieving success in any business endeavor, especially when it comes to making money at home, is about persistence, patience, and promotion.
Woody Allen was fond of saying “90% of success is showing up.” In business this can be interpreted to mean that joining or starting a business, versus not starting one at all, is the foundation for success. Obviously, if you never get around to starting a business, you can’t succeed in building a business. But the concept of persistence goes beyond just starting a business. True success lies in overcoming obstacles, learning from your mistakes, and never quitting.
To help you persevere in the face of adversity, it helps to be patient. Patience is definitely a virtue in the business community, as not everyone will see your vision, or rush to support your dreams of empire building. Knowing this upfront, it is easier to shrug off rejection, find ways around obstacles, and weather the storms of cash flow problems. Patience truly is the cornerstone of any success, as most legitimate business endeavors take time to develop and mature.
The third leg of your business success is the fuel that propels your business forward. Promotion is the art of sharing your business opportunity, product, or service with prospects. While the persistence and patience may be defined as character traits, your willingness and ability to promote is a learned skill. You need to study the marketplace, particularly your industry to know what works and what doesn’t. Try not to re-invent the wheel here. As a business startup you probably won’t have the budget to roll out risky promotional campaigns. Start small, copy the leaders in your industry, and never be shy about testing or tweaking your promotional packages.
In the end, successful business owners have proven themselves through a keen awareness of how persistence, patience, and promotion can build a cash machine. One way I have learned this lesson is through the building of my business with AutomaticBuilder. This marketing plan makes it easy for me to work an established and proven system to achieve success, and is helping me learn to make money at home.
You can take a look at this amazing system today by clicking on the banner below.
Woody Allen was fond of saying “90% of success is showing up.” In business this can be interpreted to mean that joining or starting a business, versus not starting one at all, is the foundation for success. Obviously, if you never get around to starting a business, you can’t succeed in building a business. But the concept of persistence goes beyond just starting a business. True success lies in overcoming obstacles, learning from your mistakes, and never quitting.
To help you persevere in the face of adversity, it helps to be patient. Patience is definitely a virtue in the business community, as not everyone will see your vision, or rush to support your dreams of empire building. Knowing this upfront, it is easier to shrug off rejection, find ways around obstacles, and weather the storms of cash flow problems. Patience truly is the cornerstone of any success, as most legitimate business endeavors take time to develop and mature.
The third leg of your business success is the fuel that propels your business forward. Promotion is the art of sharing your business opportunity, product, or service with prospects. While the persistence and patience may be defined as character traits, your willingness and ability to promote is a learned skill. You need to study the marketplace, particularly your industry to know what works and what doesn’t. Try not to re-invent the wheel here. As a business startup you probably won’t have the budget to roll out risky promotional campaigns. Start small, copy the leaders in your industry, and never be shy about testing or tweaking your promotional packages.
In the end, successful business owners have proven themselves through a keen awareness of how persistence, patience, and promotion can build a cash machine. One way I have learned this lesson is through the building of my business with AutomaticBuilder. This marketing plan makes it easy for me to work an established and proven system to achieve success, and is helping me learn to make money at home.
You can take a look at this amazing system today by clicking on the banner below.
Thursday
Why Can't I Get Rich?
People look at the wealthy and wonder, “Why can’t I be rich?”
Rather than ask, "Why Can't I be Rich?" why not ask yourself, "How Can I Become Rich?"
Achieving financial wealth is a process of doing the right thing over and over. We all know intuitively what these "things" are, but to remind you, here are some things you can start doing today to achieve wealth:
1. Starting today, spend less than you earn. By that I mean, you have to discontinue or severely limit credit card use in any case where the balance cannot be paid in full each month.
2. Reduce or eliminate your consumer debt by paying off all your credit cards as soon as possible. 3. Begin to save a minimum of 10% of your income. 30% would be better, but is not realistic for most of us. Tuck 10% of your pay into a savings account to start building a nest egg.
4. Once your savings account, money market fund, or CD has reached a level equal to at least six months' worth of your living expenses, begin to invest in appreciable assets.
Those are the basic steps. They are deceptively simple, but when properly applied to your daily lifestyle, they can produce dramatic results.
W. Clement Stone once stated that if you lack the ability to save, you lack the ability to become wealthy. Quite simply, spending less than you earn and managing to move your surplus income into an asset (saving, investment, etc) that provides you with a passive income source is the foundation of any wealth creation system. In George Clason's classic work, "The Richest Man in Babylon" he expands on the concept of saving 10% of your income and illustrates how compounding interest has the capacity to create financial wealth. If nothing else, saving part of your income gives you a nest egg to fall back on during emergencies.
Since you are apparently working online to learn more about creating personal wealth, you have the right idea of exploiting income opportunities. Expand on this. Start a home-based business and learn how to make money outside the typical second job routine. Do not use your extra income to buy what Robert Kiyosaki calls "doodads." Rather, use your extra income to fund investments in appreciable assets that provide passive or portfolio income.
One of the key suggestions of Michael Masterson in his book “Automatic Wealth” is that to achieve a million dollar net worth in less than seven years requires substantially increasing your income. Sounds logical. Masterson goes on to say the best way to achieve this goal is to start your own business. During the past few weeks I have helped 46 people start their own business. I invite you to take a look at my income opportunity by pasting the link below into your address bar.
http://www.automaticbuilder.com/bt45223
Rather than ask, "Why Can't I be Rich?" why not ask yourself, "How Can I Become Rich?"
Achieving financial wealth is a process of doing the right thing over and over. We all know intuitively what these "things" are, but to remind you, here are some things you can start doing today to achieve wealth:
1. Starting today, spend less than you earn. By that I mean, you have to discontinue or severely limit credit card use in any case where the balance cannot be paid in full each month.
2. Reduce or eliminate your consumer debt by paying off all your credit cards as soon as possible. 3. Begin to save a minimum of 10% of your income. 30% would be better, but is not realistic for most of us. Tuck 10% of your pay into a savings account to start building a nest egg.
4. Once your savings account, money market fund, or CD has reached a level equal to at least six months' worth of your living expenses, begin to invest in appreciable assets.
Those are the basic steps. They are deceptively simple, but when properly applied to your daily lifestyle, they can produce dramatic results.
W. Clement Stone once stated that if you lack the ability to save, you lack the ability to become wealthy. Quite simply, spending less than you earn and managing to move your surplus income into an asset (saving, investment, etc) that provides you with a passive income source is the foundation of any wealth creation system. In George Clason's classic work, "The Richest Man in Babylon" he expands on the concept of saving 10% of your income and illustrates how compounding interest has the capacity to create financial wealth. If nothing else, saving part of your income gives you a nest egg to fall back on during emergencies.
Since you are apparently working online to learn more about creating personal wealth, you have the right idea of exploiting income opportunities. Expand on this. Start a home-based business and learn how to make money outside the typical second job routine. Do not use your extra income to buy what Robert Kiyosaki calls "doodads." Rather, use your extra income to fund investments in appreciable assets that provide passive or portfolio income.
One of the key suggestions of Michael Masterson in his book “Automatic Wealth” is that to achieve a million dollar net worth in less than seven years requires substantially increasing your income. Sounds logical. Masterson goes on to say the best way to achieve this goal is to start your own business. During the past few weeks I have helped 46 people start their own business. I invite you to take a look at my income opportunity by pasting the link below into your address bar.
http://www.automaticbuilder.com/bt45223
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