In this “New Economy”, Starting a Business is the best option for Millennials

Getting a college degree is no longer the near guarantee of landing a secure good paying job, for many Millennials starting a business may be a better use of their education.

The after effects of the recession, an unemployment rate that has yet to reach the historical  recovered U.S. economy of a 5% jobless rate and  longer-term changes in the labor market, have forced many of today’s graduates to take the first decent offer they receive, which in many cases they’re overqualified for the position.

 

Since the most recent economic forecast from the Federal Reserve is that the jobless rate will stay above 5% through 2016 it would seem to me even more reason for this highly educated group of young people seriously consider starting their own business.

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And why not, the industrial age is dead, we live in the information age now the millennials aren’t old enough to not remember not having the Internet, they have totally embraced social media, smart phones, IPADS and all the technological advances as they come their way and they are more comfortable and confident using technology to help their business prosper.

So given the current changes for many of these overqualified millennials the best option may be for them to start a business.

Steps to Ensure Success with your New Year’s Resolutions.

Every year millions of people make New Year’s Resolutions and fail. Don’t be one of those people. If making more money in the new year is one of your resolutions, then take steps now to ensure your success.

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  • If you still define success with a dollar amount, then you are only part wrong. The habit of defining success with a dollar amount might result in a chase that will never end and you will never attain your view of success. Check out a unique way to get rich by helping others with their personal development and business development.
  • Character does matter. Keep Your Promises, No Matter How Small They Are. Make sure that you will be able to do something before committing to it. Then be clear on the expectation, action, and result that you have agreed to. People tend to dismiss small promises as unimportant and even unnecessary. They are wrong, if you don’t take the small promises you’ve made seriously, you will damage your trust, and destroy your own reputation.
  • Failing to keep the minor promises will make it tempting for you to break your more          important promises in the future. Also, this shows the appearance of your being irresponsible, disorganized as well as making others feel unimportant. You will build trust by demonstrating that you can keep your promises, even with the small things.

Discover the traits and typical habits of a successful person.

  • Take Action.You cannot change anything and make any real progress without taking action. Knowledge is totally useless without action. That is simple. So take action right now!
  • Manage your time wisely. There is a difference between being productive and being busy. Being busy is often considered as a form of mental laziness. Busy people seem to be rushing all over the places such as conferences, social engagements, or meetings. Their busy schedule might give them the increased sense of importance. Yet, perhaps, it is an illusion. Literally, they are like hamsters constantly running on the wheel.
  • Keep Things Simple. Being in the information age, information moves with the speed of light and access to business development and personal development tips and strategies are more easily attainable. You and I have tons of opportunities when it comes to building life and career. Unfortunately, all these opportunities and “noise” also leads to complication, inaction, and confusion. We still must make decisions and must act on those decisions.

That means you should decide to choose things that you think will work and take action. After taking action, if the result is not as good as your expectation, then learn from the experience, choose another action and move forward.

  • Make Small Improvements on a Continuous basis. A mentor of mine used to ask the question to his team: How can you eat an elephant? The answer is simple: One bit at a time. You understand my implication behind that question, right? Yeah, it is similar to the challenged road to success. Make small and positive changes. Do that by exercising, eating better. By taking regular steps in your personal development and creating positive improvements in your business development, you will reach the success that you aspire to.
  • Spend Your Time With Right People. You are the equivalent of the 5 people you spend the most of your time with. Generally, successful people associate with like minded and supportive people. If you hang with wrong friends, colleagues, they are going to negatively impact you. Yet, if you spend time on the right people, you can become more successful than when you are alone. It is great if you could form your own team and then work together in order to make dramatic differences and increase your probability of success.

 

A mentor of mine often told his team: “You can make excuses, or you can make more money, but you can’t do both.”

Are You Ready To Seize the Biggest Network Marketing Recruiting Season?

If you are a retailer you don’t wait until after you have your turkey dinner on Thanksgiving to prepare for Black Friday. So when should network marketers start to prepare for the biggest network marketing recruiting season of the year?

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In case you are new to network marketing the next great opportunity for massive recruiting into your network marketing business or in other words the next prime recruiting season begins the first business day after January 1, (January 4, 2016) this is a time in which all successful network marketers will be doing a 90 day blitz.

But the smart network marketers didn’t take a month or two off before the prime recruiting season to rest up for their 90 day blitz.

The smart and successful network marketers were doing a 90 day blitz leading up to December 20th, building a team and preparing them for the next prime recruiting season so they won’t be working alone but instead would have an entire team doing a 90 day blitz during the prime recruiting season multiplying their efforts to best take advantage of the next great opportunity that arrives during the next prime recruiting season.

“The key is not to prioritize what’s on your schedule, but to schedule your priorities.” – Stephen Covey-author of The Seven Habits of Highly Effective People.

Smart, successful network marketers give priority to the tasks that, while they may be painful, will pay off in the end.

A few tips to help focus on the more difficult, more significant task that will propel your business to new heights:

Do the important tasks first thing in the morning, for one thing there are generally fewer distractions first thing in the morning.

Change your environment (nearby park or coffee shop) will often provide you with a boost of productivity and creativity, not to mention the benefit of fewer distractions.

Unplug, shut off your tech, don’t answer your cell phone or check your email or texts. Research has shown that multitasking affects productivity in a negative way.

 

What are you doing to seize the next Network Marketing Recruiting Season when it arrives?

What is a Good Network Marketing Company?

Network marketing first of all is not an industry, network marketing is a distribution channel that various industries may choose to utilize to distribute their products or services. There are many good network marketing companys in various industries.

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The Direct Selling Association categories these industries into five major headings:

  • Home/family care products- including cookware, cutlery and cleaning supplies.
  • Personal care products-including cosmetics, skin care and jewelry.
  • Wellness products-including weight loss, vitamins and nutritional supplements.
  • Leisure/educational products-including books, toys and games.
  • Service/miscellaneous/other-including telecommunication, training and internet services.

When you’re considering the industry you would like to represent as a network marketer, give some thought to the profitability and reputation of various industries. Consider if any offer a unique product or service. Be careful of fads that are here today and gone tomorrow.

Once you have narrowed down the industry. Questions you should ask yourself about the particular company you should represent.

  • Is the company mission- driven or “get rich-quick” motivated?
  • Would the products or service give you a real chance to make a positive difference in peoples lives?
  • Do you feel good about the companies future, long term?
  • If you were looking for a job would you work for them?

Once you have made your decision. Congratulations are in order.

Unlike traditional businesses that typically have a geographic territory. You have no boundaries. Accept that your success is what you make it. If the economy is good then sales will be good. If the economy is bad then many more people will be looking for opportunities to make additional income, so your recruiting will be high. Either way with network marketing you can win.

Job Hard to Find? Make your Own, Start Your Own Business!!

Tired of trying to find a good job? Maybe it’s time to make your own job by starting your own business.

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Back in the day (a few years ago), jobs were plentiful, anyone who wanted one was able to find one fairly easily, and if they didn’t like it they could easily find another the same day, things change.

Fast forward a few years, things have changed quite a bit. Good, high paying jobs are a bit more hard to come by today. If you can find a job it will not pay anywhere near what it did a few years ago. Things changed, maybe you should too.

After years some have given up. I say take control of your financial future with your own business.

So how do you start your own business? Well you have choices so choose.

You can build your own business using the skills you have to build your own business from scratch. Starting your own business from scratch with little money and no other asset is not the easiest way to begin your own business.

Some advantages of building your own business are you usually have control over the business’s direction and can tailor the business to your lifestyle.

Some disadvantages of building your own business from scratch are you have:

  • no name recognition
  • no customers
  • and no instant cash flow

You can buy your own business if you have assets in the form of CD’S or money market accounts and you might want to consider turning those lazy assets into assets that generate greater returns.

Some advantages of buying an existing business are:

  • Immediate cash flow
  • Pre-Existing customers

Some disadvantages of buying an existing business are:

  • Initial purchase price
  • existing employee issues

Another option for buying your own business is to consider a franchise some advantages of franchises include:

  • Brand identity
  • A training program
  • Financing options
  • Proven business model

Some disadvantages of franchises are:

  • An operating agreement written for the franciser’s benefit
  • Reliance on the franciser’s supply chain and designs
  • Franchise royalty and ad fees

Another option for buying your own business is to consider a well researched MLM or network marketing company. Some advantages of a MLM or network marketing company include:

  • Brand identity
  • A training program
  • Low start-up costs
  • Proven business model

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The decision to build or buy your own business has to be one based on logic and experience, not emotion.

Why Do You Want to Start a Business Anyway?

You can’t just wake up one morning and decide to start a business. You need to think carefully about the type of business that will be right for you.

So maybe you’re tired of working in a corporate setting, you might decide, “I want to start my own business.” But it’s important for you to be much more specific. Figure out your “why”. Why do you want to start your own business? What benefit will it bring you? Is it more freedom that you want or do you want more money? Is it the pride of ownership you crave? The tax benefits, job security, financial independence or are you just trying to get away from a terrible boss?

Understanding the “why” behind your desires can help you crystallize what you’re really going after.

 

Without total commitment, and a big why to get you through the inevitable setbacks and disappointments your business will likely fail.

If you are an experienced business owner you already know this.

“There’s a difference between interest and commitment. When you’re interested in doing something, you do it only when it’s convenient. When you’re committed to something, you accept no excuses, only results.” Kenneth Blanchard

Everybody has a different “Big Why”, some want to create a legacy, achieve great things or have independance. Whatever your “big why” it must be big enough to get you through the inevitable disappointments,setbacks and roadblocks you will encounter on your journey to success and that is why a “big why” is a prerequisite to success.

If you are just getting started in business you may not be aware but your mindset and attitude determines how successful your business will be. There is no magic pill or overnight success formula. Success is not easy it requires hard work.

To be successful you must have a clear view of what’s next. Sometimes people turn away from what they don’t like but end up in a new place that’s no better.  

Once you’ve identified what’s driving you, it’s possible to begin clarifying the desired outcome. You may very well decide that instead of deciding to start a business, you might decide to revise your goal to be finding something you enjoy doing part time working from home a few days a week to generate additional income to improve the quality of live for your family.

Success, like failure, is not an accident but rather the result of your own design and efforts. Ultimately it is your choice. Do you have just an interest or do you have a big why and are you 100% committed to your success?

Everybody needs support. Everybody needs encouragement. Don’t try and be a lone ranger, to be successful you need people, a team, that will support and encourage you.

 

Do You Think Your Education will Help Your Success as an Entrepreneur?

Few colleges and post-secondary schools teach how to help with your success as an entrepreneur.

 

Entrepreneurs educate themselves mostly with reading books, trade magazines, attending conferences, real world experience and a number of other ways.

 

“Formal education will make you a living; self-education will make you a fortune”. – Jim Rohn

 

You should never stop striving to learn more. Successful entrepreneurs are always seeking to educate themselves about new business strategies and new technologies among other things and are not necessarily enrolled in a school to do it.

 

Running your own business, whether a traditional, brick and mortar or you work from home, is not easy, not to worry now you can get help with that, with a platform that delivers practical, nuts and bolts information to your desktop or mobile device on subjects like….

  • Entrepreneurial Skills
  • How to Start a Business
  • Effective Internet Marketing
  • How to Take Advantage of the Current Real Estate Market
  • Investment Strategies
  • Asset Protection

…and more

Build Your Business and your own dreams or someone else will hire you to build theirs!

Are You Afraid Of Success? Many People Are!

The thought of being afraid of success sounds absurd, but the fact is like those who are afraid of failure, plenty are afraid of success and constantly make up excuses for not chasing their dreams.

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The only limitations in life are the ones you make.

Many of us have grandparents that lived during the great depression, an era of American history that rooted an entire generation in a scarcity mindset. Unfortunately these great depression era Americans passed onto their children these ideas about money who passed them down to their children.

While the conscious, intellectual level of your mind knows you have done everything to be successful, the subconscious, level of your mind has been preconditioned, likely since your childhood with “money doesn’t grow on trees”, “a penny saved is a penny earned”, “money is the root of all evil” ( which is NOT anywhere in the Bible, by the way).

You need to understand the beliefs that you hold and work to change those beliefs you have in your subconscious mind.

Yes with success will come changes, you must be honest with yourself about that, but avoiding the outcome will only hurt you in the end, it important to find your true fears and work toward stamping out your fears.

Focus on the “why”, and keep in mind that sometimes the changes you make in the pursuit of your dreams will bring you happiness beyond imagination.

David Rockefeller said, ”Success in business requires training and discipline and hard work. But if you’re not frightened by these things, the opportunities are just as great today as they ever were.” I believe that still holds true.

Everybody needs support. Everybody needs encouragement. Don’t try and be a lone ranger, to be successful you need people, a team, that will support and encourage you.

Do You Understand What Makes Someone Buy From You?

It’s not always “what’s in it for me” but more often it’s about how people feel that makes someone buy from you.

 

A mentor of mine years ago told me that fear was the greatest motivator, even more so than greed.

 

Sigmund Freud once said, “We will do more to avoid pain than to gain pleasure”.

 

I have always believed that people decide to buy based on emotion and may use logic to justify their buying decision.

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People are not interested in buying your product or service, they are only interested in owning the emotional benefit that buying your product or service will bring them.

 

Want to increase sales?

Then figure out what the emotional benefit is for people to buy your product or service. For example people don’t buy a drill from craftsman because they want a drill what they really want is a hole. The reason people buy weight loss products is the hope of the emotional benefit not the product itself. They want to look great, feel great and have more confidence and have cloths will sit well on them.

 

Connecting with your prospects and customers on an emotional level is what makes someone buy from you, if you’re not, then you could be losing sales, profits and market share.

 

Are You Offering a Worthless Product or Service? Being Average Doesn’t Cut It Anymore.

For a prospect of yours, if your main selling point is your low price, that tells them you are not offering the best but rather a worthless product or service or at least worth less that your competition.do social media marketing right

 

People only care about how you are going to solve their problems and make their life better.

 

If it seems you spend the bulk of your time negotiating lower fees for your services to keep and or grow your customers, you will only find yourself working harder working longer hours than ever before for much less that you deserve. you need to either get new customers or add value to your product or service or both.

 

Reinventing, re positioning, re branding and marketing you or your company as offering the number one in products and or services in your market in the minds of your prospects and customers is more important now in the new economy than ever before.

 

Become above average, become an authority, by:

 

Become a master in your field.

Immerse yourself in the best personal development and business development training.

Associate only with like-minded, positive, passionate, focused achievers that you can learn from.

 

People like to deal with a person or company who is a leading expert, no one wants to have a worthless product or service.