Entrepreneur: Tips to Be a Successful Entrepreneur

Have you ever bought into something that you were convinced it would become the next big thing, so you bought as much of it as you could, and now it is sitting in your garage, collecting dust? Do not be embarrassed, because for most of us, it has happened in one form or another. You get a sales pitch that has a great promise of a product and how it will work for you, and then you buy into it, literally.

A few months later, you are wondering where all the money is that you should have had by now, because these things were supposed to sell themselves, with a really angry spouse breathing down your neck to get rid of that wasted money in the garage! The worst part is that you only sold one and it was to your parents because they felt sorry for you.

Sadly, this happened to you because you did not have a plan. However, it does not have to stay that way.
You should know exactly what you want or need to get out of selling this product or investing in the product. If you do not have a clear idea of what to expect when trying to sell the product, do not give any money to the person trying to sell you on this. Take your checkbook and leave.

Would you buy a car or a house without inspecting it first? Why would a business deal be any different? If you cannot see a plan for the product, you should not invest, even if it is your kid brother asking you to fund his futuristic jet pack product that NASA will surely want to buy from him. Seriously, if NASA cannot build a successful one, how could he?

Once you have a plan and have agreed on the terms of the plan, you need to set expectations for the sales of the product. Are 5 sales a month going to be enough to cover all your expenses? Do you only want to cover expenses or do you want a profit. If you are selling an item that retails for $5, and your expectations are 5 sales a month, is it worth the effort? If the product retails for $500, is the sales expectation of 5 a month realistic? Is that good enough for you and your bottom line?

After the plan is in place and the expectations are set, you need a customer base. Who do you plan to market to? Mom and dad do not count; neither do any other family members, unless they plan to be customers for a long time. Try to stay away from bothering the friends to help as well, or you may find that you do not have many left after this. Try to find a product that is similar to yours and investigate as to who buys it and who would be interested in it. It is highly doubtful that a single woman who religiously visits the nail salon will be interested in buying anything that has to do with fishing, so do the research needed on customers.
Article Source: http://EzineArticles.com/?expert=Matt_Rhodes

What is the path to a successful online business?

The path to an online business is rarely direct. The more experience that you draw upon at the onset, the more likely that you will succeed. If you are a little short of experience you can always read about other people’s experience both in their particular niche or similar Niche. This is what I did and it worked out for me.

Information which is the key and the basis of internet business is available to everyone. It is wrapped in books, journals magazines e.t.c but in the world, there is a general consensus that if you want to hide anything from a man that you will put it in a book and keep it on the shelf. Why? Because they will never bother to check any book on the shelf for that secret information that have made heros out of men. Always remember that internet has turned the world into a global village, everyday the world is changing, and people are coming up with new ideas strategies and ways of doing things. For many people, the last book they read in recent times was the book they read while preparing for an examination. Everything you put on the net must meet international standard that is why you must be committed and meticulous about everything.
Virtually all the secret in this world is wrapped up in information format; book, journals magazines, videos e.t.c. you need patience while searching out their secrets so as to glean as much information as possible without making mistakes. Most importantly, it is the attitude with which you approach the task at hand. The way you see business is the way it will produce for you. If you can see hidden riches in the business so it will be. Summarizing my answers, the sure way to successful online business are; you must be focus, you must read everything and anything you see, you must remain committed and finally you must be very hardworking.
There is no right time but right mind and attitude. Just pick two to three internet business opportunities and start right away.
Many people get “analysis paralysis” even if some people know enough to jump start an online business; still they worry about getting a perfect start. They think and think but they never end up starting anything. They see two dozen opportunities but never focus entirely on one. Lesser focus is critical for success.

Commitment: Key To Suceeding As An Entrepreneur

Hi,
How committed have you been in your business. i know often times you feel like bringing out your resume from your box to get a paid job.
in order for you to succeed in your entrpreneurial pursuit, you need to be committed; this is the only way you can excel and succeed in your set goals and objecties.
Just a little push from you and there you are achieving the best of your labour. remeber God has already promised to Bless the work of hy hands, so what are you there sobing for? remain focused and commited and hit that goal out there. see your very soon.
Cheers
Blessing

What are U up to: start a business today, DON'T WASTE EACH PASSING TIME

It actually done on me that many people are just hovering around especially on the internet wasting so much of their precious time when they can actually start to earn online or offline.
This is to boost you up to start your own business today.
Get started without looking back because you are created for greatness in the entrepreneur world.
watch for my next post on tips to starting your business as a bonus for those just join us and a very interesting topic to continue my updates for my dear readers.
See you at the top!

How professional are you in your work?

Hi,
It's good to be with you as we begin a new week. i am thinking this will be the perfect topic to start your week with. i have treated, professionalism in my previous posts and today we will be looking at the qualities you are expected to exhibit as a professional in you work or business.
My Father use to tell me while i was growing that i need to focus on professional fields{Medical doctor,Lawyer, accountant,Architect and so on, the first boss i have had while i worked as a clerical officer said i have to be a professional as a clerk. though i was confused because i took that job to keep me on before i get into higher institution, that was the last job i will have take for a living following the words of my father. still i yielded to my boss words, and had to be trained to be a professional in that field. Growing up, i realized that everything you do you could decide to be a professional. as a saloonist, as a shop owner, as a teacher, as a bricklayer, Decide that you are a professional! then you will have an open mind now and so we could talk about the qualities you ought to possess as a professional.
1. A professional has so much passion towards his/her work
2. A professional will intensely want his/her work to succeed not minding what it will take.
3. A professional is keen to learning every aspect of his work unlike the amateur
4. A professional carefully looks at the needs of the business.
5. A professional looks, speaks and dresses to suit his/her business.
6. A professional keeps his/her work place clean
7. A professional is focused, clear and level headed
8. A professional does not let mistakes and shortcomings slide him/ her back.
9. He/she accepts difficult tasks and completes projects and contracts as soon as possible, with focuses on deadline.
10. He/she is optimistic and handles money with great care.
11. He /she faces other people's problem and looking for ways to solve them and make them happy, therefor have a high emotional tones:enthusiasm, contentment, appreciative and so on.
12. He/ she persist till objectives and aims of the business is achieved and tend to produce more than expected for the long run and also has a high quality product for clients

we could go on and on. Ask yourself, am i a professional, do i exhit one third of this qualities? Work on yourself, start today and achieve the very best of all in your business or place of work.
cheers.!

Take the risk to achieve your entrepreneurial goals

Hi,
i have often wondered why many businesses fail and this act is on the increase. i realized that the principal factor is the lack of ability to take risk in order to achieve their entrepreneurial goals and targets.
So many business do not realise that even the business alone is a risk. so taken risky steps for the good of the business is a continuation of the risk you've been taking since you decided to start that kind of business. there is no business that is risk-free, the only requirement is the ability to take risk.
what could that risk taking task be? you alone know: could be application for a lone in a bank, speaking with someone concerning your business, going places with your business, reinvesting in your business, employing more staff, taking decisions that seems rash? what could it just be?.
You have to seat up right and take that risk because that could just be the waiting push to left your business to another level or stage. stay keyed as i will bring you the qualities of a professional{you are a professional in any thing you do, there are some qualities you get to watch out for in yourself}.

Take Action now, stop procrastination!

Hi,
i really need to emphasis on this issue as an entrepreneur, i have realized one of the reason while most entrepreneurial business do not yield good result is as a result of postponement/procrastination of functions/activities/duty.
Many a times, we tend to convince ourselves that it is our sole business and you owe no one an explanation while the meeting was postponed, while the customer was not contacted or what ever. this attitude kills your business and makes your business loss it's focus.
Take a stand today, stop procrastination to achieve your entrepreneurial targets. could there be a place you ought to go for marketing your business, someone you get to met, a book you get to read, a risk you get to take, blogs and sites you've got to update? all for the good of your business? stop procastination and act now.
See you at the top!