Posts Tagged Your
This is the Most Important Rule of Investing to Build Your Wealth
Posted by admin in brand breitling on December 31st, 2009
The most important rule of investing is probably not what you think. A friend of mine recently bought a $30 stock that suddenly fell to $20. He invested quite a bit into this stock - so now he’s having trouble sleeping. He wants to ‘ride it out’ until his stock returns to $30, but in the meantime, he’s sick over this! When he told me about it, I realized that his main trading focus in on finding an undervalued company that’s about to soar! If he can find such a company, he’ll make a killing! His emphasis is on MAKING money. But that’s why most individual traders generally do poorly in the stock market. Most successful investors would agree that the #1 most important rule of investing is: “Don’t Lose Money. ” It’s critically important to understand that in order to recoup a loss, a stock will need to achieve a higher percentage gain than it lost. Huh? Let’s go over a simple example to clarify what I’m talking about. Let’s say I bought a stock for $30 a share and it lost 33% of its value by falling to $20. BUT, when that $20 stock achieves a 33% gain, its price will be at only $26. 60 - not $30 yet. In order for that $20 stock to return to its previous price of $30, it will need to achieve a 50% gain! A 33% loss requires a 50% gain to break even. How often does ANY stock quickly increase in value by 50%? Not often. A 50% loss in value requires a 100% gain to break even. Its value needs to DOUBLE! You can grow old waiting for that to happen! Therefore, the #1 rule of investing is not about making money, it’s about cutting your losses short. Big losses are very difficult to recoup. We all know people who lost a huge chunk of their retirement accounts due to our crazy market. If they were focused on the rule “Don’t lose money”, they’d still have their nest eggs intact. Always implement a simple strategy called a “stop-loss. “ A “stop-loss” is a trading feature that will sell your stock automatically and immediately if the stock value falls below a certain price. It “stops your losses. “ If you buy a $30 stock, you might set a “stop-loss” point of $27. 50 so that if the stock suddenly falls in price, it will automatically sell your shares on the way down. In our example of a $30 stock that fell to $20, you would have sold at $27. 50 and avoided a 33% loss - if you had implemented a “stop-loss” value. You can also use the “stop-loss” feature to lock in profits. For example, let’s say you purchase a stock for $30 and set the “stop-loss” point at $27. But as you hoped, the stock price goes up to $35. That’s the time to move your “stop-loss” price up to $34. This way if the value drops back to $30, you will have automatically sold at $34 - which locked in a 13% gain. Learn more hear about creating wealth www. abundance-of-wealth. cup-of-life. com . The basic idea is to invest conservatively, limit your losses, and lock in your gains.
Mastering Joint Ventures - Automate Your Communication
Posted by admin in brand breitling on December 28th, 2009
Frequent communication can lead to better sales. Joint Ventures leverage efforts to bring your products to entirely new markets. They may reverse your exposure to risk, earn more profit per sale, or boost your total sales volume.
Communication is a good thing in any kind of business. These are to motivate your employees, in this case, your partners. Communication should be frequent and used to create a common vision, establish a connection with leadership, explain the new rules, support the individual transition process, aid in retention, and ultimately, define the new organization in terms of “We” instead of an “It” or “They. ” Share as much information as you can.
Let the bots do the work. Many business people would prefer to have robots do certain tasks to free up their own time. Having to respond or communicate with many JV’s is a task, so this calls for automated communication with the help of robot programs. Robots don’t complain, rob the time-clock, or call in sick before heading to the beach, but they aren’t practical for many types of work and the cost is exorbitant.
Unlike conventional robots, email autoresponders are inexpensive and very practical for automating the task of delivering specific types of information to your partners.
An autoresponder is like an email version of Fax On Demand. Also called a mail robot or mailbot, it is a truly automated special program that runs on a computer via an Internet server. When email is sent to it, it responds by automatically returning specific files back to the sender’s email address. This also works the other way around: if you want to communicate with your prospects due to inactivity in responding to your letter, the bot will automatically send another email to inform the said party.
This means that it will send an instant communication to your partners online without doing anything, thus sending your own pre-made letter to your prospects seven days a week, all without the need for a human to follow up with each lead. The procedure is on full autopilot. Its objective is to respond to requests for more information on products, services, or opportunities and bring in enough profit from the small percentage of follow-ups that will increase the number of buyers to cover all expenses and confidently make revenues.
The following example of sending a FAQ is just one example of the different uses for autoresponders. They can also be used for price lists, sales letters, catalogs, or most any other text file that you want to automatically send. They have even been set up to send the text of an entire book by email; however, you must be clever in writing your letter in order to make it personal and genuine, with little chance of it being recognized as an automated response.
Suppose you kept a careful record of all the questions your partners and prospects ask about your products and services day in and day out over a period of time. As you analyze these questions, most likely you’ll find that a majority of questions are the same ones asked over and over again that you spend much time and money on answering over and over again.
You could then prepare a text file containing a FAQ or list of Frequently Asked Questions, including detailed answers to them, and set up an autoresponder for automatically sending it out by email. Then all your prospects have to do are send an email message to the autoresponder, and within a manner of seconds or a few minutes, receive your automated response in his or her e-mail box.
Your partners get most of his questions answered quickly, without any human intervention, and you save time and money in the process, which you can use more efficiently in other areas. When such prospects get in touch with you later, they will be better informed about your offers, and thus, provide better business as your partners and become that much closer to doing business with you.
While this method won’t totally eliminate time and money spent on partners and prospects, you won’t have to spend as much of those precious resources responding to inquiries, because your FAQ, or your pre-made message available via an automated responder, answers most questions before they ask you. This will make it big in the long run; hence, netting you a good ranking in the top search engines, which of course leads to a good amount of money.
How Can a Medical Alert Bracelet Save Your Life When You Travel?
Posted by admin in brand breitling on December 24th, 2009
As well as always protecting yourself with travel insurance when you go on vacation, a traveler that has a serious medical condition should consider wearing a Medical Alert Bracelet. If you have a medical condition and get sick or injured while traveling, wearing a Medical Alert bracelet can literally save your life. Here is some information on a great American non-profit organization that provides a valuable service for travelers. You will be eligible for the following benefits when you join this non-profit healthcare organization as a TravelPlus member. The professional multilingual staff will help you find a physician when you are traveling to another country. They ‘ll be able to speak with attending medical providers in foreign countries to find out what the problems are and determine what treatments will be necessary to help you. They will get in contact with your family members. You will also be able to send emergency messages to your relatives, friends, and business associates as well as receive emergency messages, toll free, 24/7. You will have around the clock access to information services regarding travel documents such as a passport, travel visa, and immunization certificate that you could require to travel to your destination. You can also be covered for pre-existing medical conditions whether you are on vacation or on business travel. In addition to all these benefits, you could be eligible for medial evacuation to another medical facility, or be repatriated back to the United States. As of the writing of this article, the program offered by MedicAlert. org, is only available to members that live in the United States.
Your Money Making Business: Online
Posted by admin in brand breitling on December 23rd, 2009
Copyright (c) 2008 John Yeomans
What is it all about?
For me, to make money and enjoy myself of course, at least that is how I am attacking this enterprise, any other way I would go mad. Take a look at my previous articles to give yourself a bit of background.
I have joined a programme and here I am fully ensconced with this program. It lives up to its promises and set me up with my web site and a complete 30 day training program. Whoopee! I am off and running, sit back and wait for some money to roll in.
Foolish, foolish me, once I proceeded to work my way through the training manual my original feelings of euphoria quickly disappeared and a feeling of gloom and doom rapidly set in.
My original thoughts that this should be simple, just join the dots became HANG ON, what is all this unexplained stuff like SEO, active back links/links, resource box, about the author, articles and submitting, blogs, auto responder, advertising and so it goes on. I mean what Are these things?
That is when doubts crept. Do I have the mental capacity and stamina to conquer this?
Talk about too much to absorb immediately and an overload.
I blindly joined all sorts of sorts of things on the basis that it will all sort itself out later and somehow it will tie together.
Then I realised I had better start using the helpdesk and learning, from there I realised that forums, a previously unheard of thing, was the way to go.
Questions, doubts, questions, doubts, question with half answer, more questions, the circle of educating myself was decreasing instead of increasing,.
So 30 days wander past with me up all hours of the night desperately trying to fathom what and how all this went together.
I even printed out most of the training guide and a lot of other information which appeared. Now I have pages and pages lying around, a lot of it repetitious and now that I am a lot further down the track I think I will recycle most of it. Quite frankly, it has served its purpose and I am sick of it cluttering up my office.
Anyhow, finally it all started to sink in. It was quite amazing, once I learnt the absolute basics then the learning progress seemed to accelerate quite quickly.
I now understand the aims and the methods of how to get there, also some of the do and do nots. I know I will never completely learn all about the internet in my lifetime as it is always evolving and changing, BUT that is one of the joys, it is a never ending pursuit of knowledge [refer my previous articles and you will understand that I am always looking for new challenges].
One thing no-one warned me about and which I fell an easy victim to: All the e-mails telling me I must get this and buy that if I wanted to succeed.
I even fell prey to buying various must have tools, which although had a money back guarantee, involved postage and handling. When I realised that it was basically all the same thing I of course sent them back leaving me rather worse off for expensive non refundable postage.
I even [and so far I have kept this quiet] purchased a rather expensive program along the lines of, and before I discovered this program. It was total gibberish to me and I ended up being out of pocket for postage to the tune of some USD $150.
As you can see it is a real problem for the absolute beginner, the person who really does not know anything, even down to the basic language, never mind http.
However, now that I have passed through this and have my business up and running, I am in a situation where I can help, assist and educate other newcomers so that they can effortlessly [and I mean effortlessly] have a successful Money Making Business.
I can eliminate the mistakes I made and teach exactly what one needs to know. Probably what one does NOT need to know is a better way to describe it. Save yourself a lot of grief, do not be a chump and insist you do it your way!
One hurdle of which there is no answer, is the problem of time differences between Australia and USA.
As soon as I find a true expert closer to home, the easier it will be for me to add to my education and hone up my existing knowledge regarding the internet.
Spike Your Affiliate Commission With These Multi-Tier Programs
Posted by admin in brand breitling on December 22nd, 2009
Are you sick and tired of being burned by affiliate programs
that don’t pay well enough to be profitable? You can leave your
frustration behind starting today with these incredible
multi-tier programs that are guaranteed to pay well and sell
well.
1. Internet Marketing Center
This is the brainchild of Internet marketing mastermind Corey
Rudl. He has sold over $40 million in marketing products online,
so it’s a given that he knows what he’s doing. Sign up for this
program by going to
http://www. marketingtips. com/assoc/
2. Sitesell
Ken Evoy’s line of incredible information products, as well as
their phenomenal all-in-one web hosting solution, Site
Build-It!, are taking the Internet by storm. Check them out now
at
http://affiliates. sitesell. com/
3. Aweber autoresponder service
I really like this program, not only because it’s two-tiered,
but also because it offers recurring monthly commission. Find
out more by going to
http://www. aweber. com/affiliate. htm
4. Article Announcer
Not only is this an incredible product, but the commission is
enormous! Article Announcer sells for nearly $400, and pays out
35% first-tier commission, as well as 5% on the second tier.
Sign up right away at
http://wetrack. it/eza/signup. cgi
Now that you’re signed up for these programs, why not write
honest review articles of some of the products, that your
sub-affiliates can add their own unique affiliate URL’s to? This
will help them to be successful, and has the potential to
dramatically increase your second-tier commissions.
People are easily pre-sold with articles. So write some reviews
for your sub-affiliates and start earning extra commission ASAP!
**Attention Affiliates**
You can replace the links above with your own unique affiliate
links, and use this article as a viral tool to grow your
sub-affiliate numbers!
Also, feel free to reprint this article in its entirety in your
ezine or on your site so long as you do not modify the content
and include our resource box as listed above.
Feel free to substitute your referral link in place of mine in
the resource box as well. Thanks
What Benefits Do You Offer to Your Clients?
Posted by admin in brand breitling on December 17th, 2009
To find your most profitable clients the first small business tactic that needs to be done is to figure out what exactly you have to offer to potential and current clients.
Many businesses make the mistake of thinking that what’s important is their expertise, credentials, processes, or their products and services.
Yes, all of these are relevant but they are not the true motivator for your prospects and clients in determining whether or not to do business with you. Their biggest concerns are all about themselves - what they need and what they want.
They want to know what you can offer to them in terms of solving their problems and making them feel good. Anytime you can help a prospect feel better, avoid pain, be smarter, save time or money - then you are truly providing a benefit.
The benefits of your products and services need to answer the eternal customer question: “What’s in it for me?”
Of course, before you can figure out what benefits and solutions you are offering - you need to really have a clear understanding of what your target market/niche market wants.
You can ask yourself questions about your target market such as the following:
* Are they in financial stress?
* Do they have relationship problems?
* Are they in pain?
* Are they not reaching their full potential in business?
* Are they disorganized?
* Do they have too much to do and not enough time to do it?
* Is their pet sick?
* Are they having trouble selling/buying a home?
* Are they overweight?
Your target market shares commonalities in the struggles and frustrations they face and you need to determine what solutions and benefits your company can provide to help them out.
Another way to think about the benefits you offer your prospects and customers is to think about what you are really selling. Copywriters don’t sell pretty words; they sell communication and connection. Eye doctors don’t sell frames and glass; they sell vision. Financial planners don’t sell investments; they sell peace of mind and freedom.
So what do you help people be?
* happier?
* a profitable business person?
* richer?
* less stressed?
* healthier?
* an expert in their field?
* more organized?
* a better spouse, parent, boss?
* more financially secure?
* a better cook?
* more successful?
There’s a reason why this is the first step in the marketing process to find and keep your most profitable clients. If you haven’t got a clear understanding of what you have to offer in exchange for what people want, then you’ll have a difficult time trying to make a marketing relationship work.
The effort you put into this first step impacts all of your marketing efforts. So take some time today to think about what exactly you offer to your clients, and you’ll have a strong foundation for successfully marketing your business.
How to Use Postcards to Advertise Your Business
Posted by admin in brand breitling on December 15th, 2009
Are you sick and tired of fooling around with Google Ad words, social network, and emailing millions of people and not getting the results you want. You may want to listen to what I have say. It is time for you to utilize postcards. In a nutshell, get them created with a catchy headline, and watch the money pour in. Postcards are so effective, I love them, it requires me not to talk to anyone, call anyone, beg for sales, and best of all, explaining. If you have a squeeze page or capture page you can triple your sale. When you are marketing with postcards it is best to be precise and straight to the point. Your only goal is to peek their curiosity. Think about for a minute, you can surf the web, find a website you like, click the web address link and enter their site. When you are mailing postcards, this persons receive the postcard, read the message, now this is the important part, they take the time to go to their computer, enter your wed address in the browser and then go to your site. Now you tell me which lead is better. If you are mailing 300 hundred postcard a week, mail them every week, stay consistent, your sales will trickle in. Once you get your budget to where you want then you double your mailings. Be patient, work the numbers, postcards response rate is 1-3% yes that is low but imagine mailing 100k campaign with a 1-3%, that would be 1k-3k sign ups, with $100 product, that would be 100k. Now I am not telling you to go and mail a 100k campaign, I was just showing you the profit, 3-500 a week is enough as long as you are staying consistent. Remember the keys to mailing postcards are staying consistent, creating catchy headline and make sure you have a squeeze page or landing page for your opt ins to track your sales. I hope this has been helpful to you.
How to Get Your Prospects Beg You to Accept their Money?
Posted by admin in brand breitling on December 11th, 2009
If you want to get MORE sales out of your prospects, then this might be the most important letter you’ll ever read.
You’ll finally learn some simple tips that will make your prospects tell YES, right NOW.
If you’re sick and tired that your prospects just leave your website without having a look at your offer, then here’s good news.
Now you can own some simple but extremely powerful tactics that will make your prospects to beg you to accept their money.
Now you can cash-in on some of the proven order pulling secrets that will get your visitors to buy NOW.
If you can use more new sales and profits. . . and I mean TONS of new customers buying your products, I’ve got great news for you.
Now there are powerful, inexpensive ways to convert more prospects to customers you’ll ever need. The kind of customers that will rocket your cash account right off the charts!
Let’s get started. . .
STEP 1 - Bribe Your Prospects.
Give your prospects extra incentives so they will order quicker. It could be free shipping, a faster shipping option, free gift wrapping, etc.
STEP 2 - Get Professional.
Make your small business look big on the world wide web. Design your web site using professional graphics, ordering systems, organized layouts, etc.
STEP 3 - Setup a Simple Order Processing System.
Attract a lot more customers by giving them clear ordering instructions. Give them all the information they need so they can complete their order easily.
STEP 4 - Sweeten the Pot.
Give your customers buying incentives so they’ll make repeat purchases. Offer them discounts, free gifts, bonus points, etc.
STEP 5 - Don’t Leave a Room.
Tell people about your site whenever you get a chance. Those people will tell other people and so on. It’s a cheap way to multiply your advertising.
Everything you may have heard about increasing your website conversion ratio might be true.
But this article has shown you some amazing ways to charge your website to pull more profits, instantly.
If you’ve been looking for quick and easy ways to convert your website into a non-stop sales machine, this article has shown you exactly how to do it.
It won’t take much time to apply these tactics, but once they are fixed on your site you will see your website profits explode for the rest of your life.
One of the most difficult and time consuming tasks in this internet marketing game is to get MORE traffic to your website on continuous basis.
And that’s either too expensive or too time consuming. Therefore it makes perfect sense to make some changes on your website to increase its profit pulling power, so that it closes more sales.
If you want to make serious profits from your website for years to come, then I urge you to remove some time and take ACTION on the simple 5 step system I’ve laid down in this article.
I’d like to make you an extremely bold promise. You can easily transform your website into a ‘Non-Stop’ cash machine. This might sound hype but it is 100% true.
Therefore read this article once again, make some notes and take ACTION!
10 Things You Should Know When Thinking of Turning Your Hobby into a Business
Posted by admin in brand breitling on December 8th, 2009
Deciding whether you hobby could become a profitable business can be a tough decision. Your product may be interesting, but will it sell? Do you have what it takes to make your craft or project into a real moneymaker? 1. Is your idea profitable? One of the first things you need to consider is whether your idea is profitable. Consider how long it takes to make your items as well as how quickly they sell. Take the time to do the math. Factor in costs, travel expenses, and things of that nature, and determine if your idea can turn a profit. 2. Are you committed? Engaging in hobbies is fun and can be done in your free time. When your hobby has become your business, you are responsible for keeping up with demand at all times, even when you are sick or busy. 3. Do you have the technical skills needed to manage paperwork? While operating a hobby business can be a great deal of fun, managing tax filing and keeping detail inventory and expense sheets can be tedious and confusing and are imperative. 4. Do you have the capital you need to get started and to keep going? In all honesty, most projects are not overnight successes. While your business can likely stay afloat through hard times if you have a primary job, you should consider whether you have enough savings to weather the storm if you are thinking of quitting your job to work in the hobby business. 5. Can you make the sales? While there will always be customers who will buy without any need for a clever sales pitch, the truth is that you need a marketing strategy to find success. You need to sell your ideas and that takes charisma as well as confidence. 6. Do you have the time to meet the requirements? While creating your items and attending fairs are a large part of this business, you will also need to factor shopping, inventory, paperwork, and the like into your time budget. Make sure you have the time needed to make it happen. 7. Is there a demand for your product? While selling the latest trendy item can be a great way to make fast money, you need to be sure that demand for your item will remain long after trends have changed. 8. Do people want your item or need it? Selling things that people love can be a great side project, but most successful businesses work by filling a need for customers. Consider whether you can market your product in a way that meets a need. 9. Do you know how to network? Building a business means expanding your customer lists infinitely. Make sure you are on top of the latest trends and that you know how to keep people talking about your business. 10. Can you hire a business partner? If your demand grows too high or if you need help with taxes, inventory or paperwork, you may find that you need to hire a business partner to assist you. Your business has the potential to be quite successful, and these tips can help you make the most of it. When deciding whether your hobby would make a good long term business, consider each of these items carefully. Failure can be a tough thing to handle, but with the right knowledge and expectations, you can increase your chances of success considerably.