Affiliate Home Based Business

Hot Tips on Being a Young Entrepreneur

Entrepreneurs December 8th, 2008

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

One good thing about being young is the opportunity of exploring beyond your boundaries with a good excuse of “because we’re young”. And this is what makes young entrepreneurship fun and ideal.

A big advantage that teenagers have is less responsibilities and more time to waste. Unlike adults who are stretching their 24-hour life thinking on how to make a living. Although the risk would be immense with lack of experience and knowledge, a teenager can start with what he knows…being young.

New entrepreneurs aging 16-21 are showing more vitality and perseverance to engage in a profitable market industry. Growing adolescent minds develop as fast as mobile companies introduce new breed of mobile phones. An ideal teenager can earn as much as $50 a day. Now, are you paying attention?

Think Young

Majority of our population is composed of teenagers with curious mind. Introducing a new line of clothing that looks like a blast from the past would not catch their attention. When you think of putting up a business intended for the youth like yourself, is should coincide with their heart’s desire. Look at the path where they trod.

Extract it From Reality

Practical people always go for what they need instead of buying what they want. Recognize the difference? Something you want wouldn’t turn out as something you need. You would want apple juice to quench your thirst but all you need is water. Yet something you need would always be something you want. Pacify the masses with what’s essential.

But don’t settle to what is traditional and basic. Instead, add up to what’s already there. Invent. Awake you innovative mind. Improvise. Water would always be water. But when you mix minerals and electrolytes, wham! an energy drink is born.

Be a Techie

Information before is wired up to a tube. But now, it flies with the wind. Computer technology is becoming a must among everyone. It has successfully improved the lifestyle of business establishments, big or small. If you try to dig into the internet, billions of advertisements flood your screen. Why not clicking on one of them? You never know when it might interest you.

Count Your Savings

A penny for your thoughts? Nah, keep your thoughts, I’ll keep my penny. Putting up a business is a tough deal especially when you don’t have the appropriate amount of money to fund it. But where would a kid like you get it when your piggy bank has been used up? If you’re 13, talk convincingly to your parents or your close relatives and try to make them understand that you are old enough to run your own business and don’t let them think that you’ll just use the money for a video game.

If you’re 16, you could borrow it from your friends or significant someone. The moment you turn 18, more opportunities to borrow money or capital would come through. Business firms allowing enthusiasts to accumulate a certain kind of amount plus interest. Lending companies as we call them. With determination, you could see your money rolling.

Fine a cure for teenage immaturity. Engage yourself with what you’re made of. Don’t be satisfied sitting at one corner reading your notes. Being small doesn’t mean you have to aim and act small. Live to conquer. Start with something.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Business, Kids and Teens, Money

Tonya Pruitt

1 Comment

MAGPIE Is it the Next Big Thing?

Website Reviews December 7th, 2008

I was going to wait till tomorrow to post this.. but the questions just started coming into me on Twitter so fast and furious this afternoon that I thought I’d better go ahead and write it.

Being on the net for as long as I have been it’s usually pretty easy to see a good thing when it comes along. Sometimes though there are those companies that you can tell are NOT going to last very long!

With Magpie it was a toss up at first, I must admit. But, you have to take a look at all the details before you submit your opinion on a program or a company in general. I’ve done a little research into who’s BEHIND Magpie and this is what I found in the creators LinkedIn profile:

Jan Schulz-Hofen’s Summary

Solid academic background in software engineering and information technology, with emphasis in software design and software modeling. Strong programming skills, especially in Java/J2EE, Ruby on Rails and Web applications. Profound knowledge of SAP WebDynpro in combination with SAP Enterprise Portal. Currently interested in advanced Web technologies, RESTful APIs, publishing protocols and the Semantic Web.

Jan Schulz-Hofen’s Specialties:

• Programming languages: Java, C#, Ruby, PHP, Perl
• Modeling techniques: UML 2.0, BPMN, FMC
• Web development: SAP Web Dynpro, SAP EP, JSP/JSTL, JSF, Ajax, Ruby on Rails
• Middleware, Frameworks: J2EE (JBoss, Tomcat), .Net, Web Services
• Databases: MaxDB, MySQL, PostgreSQL

So here we see this individual has TONS of programming experience and technology experience. It at first concerned me with the fact that the company is based in Germany and the UK… but with the payments being made through PayPal… world wide business transactions happen every second!

So I looked further and decided to see how much I could make by using the program based on my own personal statistics with Twitter. I entered my Twitter ID and it said that I’ll make 81.55 euros per month. 81.55 Euros = 105.044555 U.S. dollars per month if I allowed Magpie to insert ads into my tweets.

Not bad money to allow a program to work in the background on my behalf! What is really cool is that it targets the ads to my readers. IE: Firefighters, marketers, moms, whatever..

The draw back is many of the current users on Twitter haven’t the experience online as I have so yes I have lost a few followers.. but I’ve also consistently gained readers daily. What I get with this is the same effect Adsense had on blogging when it started.

OMG.. did I lose a ton of readers on my blogs when I started using Adsense ads.. but look now where that has gone. It’s a multibillion dollar industry now set up by Google. They saw a great thing and then ran with it.. followed by Yahoo.

I mean 10 years ago when I first started out on the internet blogging wasn’t but a baby.. then more and more people started blogging about nothing and everything all at once. Then all of a sudden you could actually find blogs on a topic that you wanted to read about. So people got wise Google said hey let’s make even more money by giving bloggers the chance to make a little money by putting Adsense ads in there blogs and websites.

Do you really think they were in it for US? No, not really they were smart enough to look at the bottom line of Google Adwords and say… wow look at what we can do with this… if we have more and more ads out there!! So buisness owners now started going into Google Adwords and paid them more for their targeted Keywords. Their prices started seeing a massive increase due to the clicks that were happening because their ads were no longer JUST on Google they were all over the internet!

I see the same potential for Magpie. People like you and I can go in there and place our ADS into the stream and now I get to make sales every time my ad is place on YOUR tweets. So now not only do my followers read my ads but so do YOURS.

Here’s the scenario as an ADVERTISER on Magpie:

I advertise one of my affiliate products on Magpie…
My sales message is going to go viral just like in Adsense…My ad will be seen by everyone in the same niche as my ad is targeting.
Then all of a sudden my affiliate commissions start going up!

Here’s the scenario as a PUBLISHER:

I set my tweet/ad ratio so it’s not too interfering.
Magpie sends out targeted ads to my followers.

Now meld SUBSCRIBER/PUBLISHER (just as in ADWORDS/ADSENSE)

I get to place my ad into Magpie as an Advertiser
I also am a PUBLISHER on Magpie.
NOW Magpie gets place my ads on not only my account, but also into other PUBLISHER accounts. Sending my ads into Viral overload. My ads are now being read by literally thousands of tweeters every day.

This too me looks like a win/win situation. Even if you aren’t an affiliate marketer or direct marketer like I am.. it can still be good money for you as you are allowing Magpie to put little 140 character ads into your tweets.

I think it’s a small price to pay to achieve viral success as this is so equipped to give you as a publisher and/or advertiser.

Think about how fast Twitter has grown over the past few months. All because (I think) of us online marketers using it and telling all of our lists about it and all of our friends about it. It has exploded now, and has caused such media frenzies because of it’s success… now are you ready for the next “BIG THING”?

Ok that’s my 2 cents worth on the topic. Please feel free to leave your comments/questions as I’ll be glad to continue to research this topic as I continue my 30 day testing of Magpie.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Twitter

Tonya Pruitt

2 Comments

Effective Ideas for Home Based Business Entrepreneurs

Entrepreneurs December 7th, 2008

How can you establish a business without leaving the comforts of your home and do so with just a small capital? The answer is simple and it’s right in front of you. Think for everyone else. Act for everyone else. If they can’t do it, do it for them.

But how would you do it? To know the specifics, take time to attend seminars and workshops for more information and how to gather tips on starting a business. If you don’t want to spend your money on the first suggestion, there’s always an alternative. You could drop by the library within your community and read books regarding management and business. Well at least, that’s free. You just have to be part of the community. Or better yet, use the internet for various researches.

Home based entrepreneurs benefit vastly on having their business right at their doorstep. It extinguishes the agony and trouble of being stuck in heavy traffic and being late. Travel time would take at least thirty seconds from your bedroom to your home office. No dress code required.

You could come to your office on your pajamas, no one cares, and you’re the boss. Family time is not compromised. You are the boss of your own company. Best of all, self-discipline is practiced.

Here are 3 of the best suggestions for gearing up your home business:

1. Garage Sale – “the old and perhaps the new”

Sure you have clothes that are used only once. Those that your mother gave you when you were three but you wore them only once cause you never liked it. Remember? That’s right. Sell it on Monday.

Sign board announcement: Kid’s stuff on sale!
Your husband loves sports but that was 5 years ago. Again, sell it on Tuesday. Hunt down those baseball cards and sports gears he kept in his closet.

Sign board announcement: Sports stuff on sale!
Now are you having a clearer picture of what I’m trying to paint? You could sell different kinds of stuff on different days. That would make your garage a bit more interesting.

2. Food for Thought – “Sweet. Spicy. Sour.”

Cooking can be very consuming. But if your hands were made for it, then try the catering business. Supply food for gatherings like parties, anniversaries, meetings, etc. If you’re also good with pastries, then convert your garage or a part of your house into a mini café.

Set up a relaxing ambience that would suit and entice customers to hang around. Give them a reason to stay. A good cup of coffee, light music, and a satisfying bite of their favorite blueberry cheesecake would definitely work up an appetite to keep them coming back for more.

3. Clean it, Scrub it – “From top to bottom”

Having an obsessive-compulsive type of personality can be an advantage and it can be put into good use. Aside from imposing cleanliness within your own vicinity, other people’s house might need it as well. In a generation where time is of the essence, workaholics fail to maintain an organized environment.

That’s where you come in. Advertise your services to those people who badly need grooming. Emphasize that when the environment is healthy, the client is healthy as well.

Are thoughts rushing in? From my point of view, the percent of failure depends on the time when you say “no” or ‘it’s not possible” to realizing that it is.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Business

Tonya Pruitt

No Comments

Entrepreneur Idea Guide – Everything Starts with an Idea

Entrepreneurs December 6th, 2008

Are you still mystified with what an entrepreneur is doing in his everyday life? Well, according to some people, entrepreneurs are great thinkers and so they must be spending most of their time thinking of what new things they can offer to the world. This may be true and if you’re a beginner in the field of entrepreneurship, you have to get the best entrepreneur idea guide to get you started.

Entrepreneurs are generally business people. However, this is only half of who they really are. You see, entrepreneurs are also idea thinkers and deal makers. Through the available or existing circumstances, an entrepreneur can uncover new ideas and then turn them into a good deal.

Many entrepreneurs hardly ever concentrate on one business venture. THheir primary aim is to earn money so will try to venture into all kind of businesses as long as it provides a profit.

The business ideas created by a certain entrepreneur are often found in archives. This is because some business ideas may not be feasible at present and so they keep it for future use or reference. Those business ideas which have higher market feasibility are investigated further and if in case the entrepreneur decides to act on the idea immediately, he will put such ideas to work and earn money.

Feasibility studies are vital to every business venture. From the idea, the entrepreneur thinks of certain services or products and formulates questions. Oftentimes, the entrepreneur conducts surveys to potential customers and he meticulously records all the responses. The documentations made can be used by the entrepreneur once he secures capital from financial backers.

If the entrepreneur have the capital to finance the said business idea, then it will be good for him because he will reap all the profits. However, most entrepreneurs prefer to seek assistance from financial backers so that their decisions will not be affected by their own vested interest.

Different interest groups will look into the business ideas provided by the entrepreneur. If anyone from the group is willing to finance the business proposal, then they will have to contact the entrepreneur. The business deals are usually carried out together with a lawyer so that everything will be formal and documented. Once the ideas are backed, the entrepreneur will start earning money. If the business idea proves to be successful, more money will come rolling in for the entrepreneur.

Being an entrepreneur is hard especially for beginners. However, with diligence, hard work, patience, knowledge, and a whole lot of other qualities, even you can become a successful entrepreneur.

At present, many entrepreneurs are into internet business. One reason is that many internet businesses are potential money makers and are not hard to handle. If you want to become an internet entrepreneur, make sure that you conduct your own research about it and how it is done. As beginners, you have to have to gather as much information as you can for the success of your chosen field.

Now that you know everything starts with an idea, you can already determine if being an entrepreneur is what you really want in life. Some say that if you want to become a successful entrepreneur, you have to be born with the characteristics of one.

However, you can work things out as you grow older and learn new things. So don’t get discouraged and try really hard if you’re determined to become an entrepreneur.

If you enjoyed this post, make sure you subscribe to my RSS feed!

Business, Business idea, Entrepreneur, Finance, Small Business, Venture capital

Tonya Pruitt

No Comments

Entrepreneurship: Stories of Famous Offline Entrepreneurs

Entrepreneurs December 5th, 2008

Time is of the essence. So why waste it when you can profit a vast amount of money and be the boss of your own company at the same time? For those who seek success beyond unimaginable boundaries, entrepreneurship would be the answer. Probably this is what’s running inside the minds of the renowned entrepreneurs of our economic era.

Empowered by determination and guts and eliminating the process of failure, an entrepreneur should always be on the grasp for suitable products to suffice the masses. This paved their way through stability, fame and power. Take it from these Top 5 personalities who gained so much from starting so small. Focus on their step by step challenges and experiences.

Bill Gates. As a billionaire dropout not finishing his education during his junior year at Harvard University, Gates is considered as one of the most famous individuals of our time. With a vision of personal computers emerging out of the mainstream, he teamed out with his colleague, Paul Allen who also studied in Harvard. Together, both of them left the university in exchange for a dream that led them both to their multibillion business, Microsoft Corporation.

Oprah Winfrey. At a very young age of 19, Oprah started her anchoring career for a TV station situated in Nashville, Tennessee. From there, she pursued her dream and traveled to Chicago. Not more than a month, The Oprah Winfrey Show was born and talk show was never the same. Surpassing other local networks, it was tagged as one of the best talk shows that entered national television. Aside from being a host, Oprah founded Harpo, Inc. and O, The Oprah Magazine.

Walt Disney. Snow White, Cinderella, Sleeping Beauty, Beauty and the Beast, Pinocchio, Fantasia…need I say more? The man behind the world’s most famous mouse used to be a Red Cross volunteer during World War I.

With his talent as a cartoonist, Disney made his 1st debut with Plane Crazy, introducing our beloved black and white mouse. Riding with the flow of Hollywood revolution, he advanced from a silent cartoon to a talking Mickey Mouse. Then everything followed. His enthusiasm made him sit on top of Disneyland garnering 26 Oscars.

Sam Walton. Does Walmart and Sam’s Club ring a bell? Thanks to the undying loyalty of Sam Walton to achieving a retail business not benefiting only himself but also his fellow Americans, everyone can live like everyone else.

Born to one of the wealthiest families, Walton pioneered the retailing business by putting up stores that reached the whole of America like a caravan. Thus, he was recognized as one of the most influential people chosen among many by Time Magazine.

Ray Kroc. Mr. Hamburger guy here who once made a living as a milk–shake man envisioned a fast food company that can deliver quality service in the name of chow time. Rapid proliferation of McDonald’s franchises which were of reasonable costs generated massive income. Seeing this burger phenomena eat its way through, Kroc remained afloat with the priority of offering food and service perfection to customers worldwide.

As evidence, these renowned entrepreneurs made everything possible just by living up to their dream of becoming someone everybody could appreciate and look up to. Starting from scratch, but reaching to this point of earning so much cash. You too could be an entrepreneur. Point is, when you dream, dream big.