Daily Archives: February 9, 2017

Archive of posts published in the specified Day

Feb
9

Saving Money Through Leveraged Action

A few years ago I attended a workshop at the International Coach Federation conference in Atlanta. Jack Canfield, co-author of the Chicken Soup for the Soul book series, was speaking. He had us fill out a worksheet that detailed what we did each hour in our business day, for each day of the week. Then he had us place a dollar value on each activity. For example, what would filing paperwork cost if we had to pay someone. The third step was to add up the hours that we sent on actual revenue generating tasks and how much they were worth.

It was an awful surprise when I applied the formula to calculate how much I lost each year by doing the work someone else could do for me. According to that figure, by trying to save money and do everything myself, I was LOSING $ 25,000 per year!

We can see through this example how NOT to use leveraged action. I thought I was saving money by doing the work myself, but in reality I was using time more profitably creating more income-generating ideas. Doing those tasks alsoave me an excuse to not take action on my new ideas. That was a wake-up call for me.

To gain momentum, you have to take action, and the more you tap into other resources as you do that, the faster your results will appear. Once you start, you begin to attract the people and resources that will propel you forward.

Waiting until everything is perfect keeps you from finding out your next step. You'll spend all of your time fixing things without knowing if they will ever work.

So start. How do you do that?

1. Run, do not walk when you have a new idea.

2. Take massive action. What appears to be pure coincidence but is really things happening at the same time in parallel begin to occur. You have to be okay with chaos.

3. Make your action simultaneous, not sequential. There are four "Step 1's". Do not work linearly. Begin all things, work each of them, and run them through to completion.

4. Do it before you are "ready". As one of my mentors says, "Ready, Fire, Aim." Start without knowing. It's easier to clean up a mess than to start.

5. Leverage every asset you have:

– Other people's experience: If you are not a bookkeeper and have to learn how to run an accounting program, the learning curve plus the time you spend entering data will add up. Tasks like this may not be cheaper in the present, but they will be cheaper in the long run.

– Expertise: Do what you love and let others do what they love. Doing more of what you do well will soon make you a master at it. By focusing on your area of ​​expertise, your knowledge becomes more valued and you become an expert.

– Connections: By joining associations, creating alliances, and participating in mastermind groups you …

Feb
9

Wholesale on eBay – Making Money From Home Using eBay

eBay is one of the greatest successes in the internet history; in fact it is still growing in the present. Not only because it let individuals to come to its online site and bid in the items that they wanted but also because of the fact that it also lets individuals to open their own eBay business and make use of online auctions to generate money. Therefore wholesale drop shipping is absolutely a great way to sell on eBay, in fact it's almost risk free. Having business through eBay, you just have to sell the listed products that you are selling on the pages of the wholesale drop shippers' site to know their charge and you will get your profit.

Wholesalers and drop shippers are a precious resource for all owners of eBay stores. They can give revenue of simplifying the entire ordering process and allow entrepreneurs to have more profit. A customer does not know that there is a third party since drop shippers use the eBay business owners labeling when they package the products. This way the eBay store owner generates profit by means of the difference between that price and the winning bid amount. The drop shippers then will be able to deal with everything else and you are assured that there will be no problem with your sale.

The advantage of drop shipping is that it is practically free from hazards and risks. Any business that fails to make use of a wholesale drop shipping company should bear the expense of purchasing the inventory and awaiting a sale made ahead of recuperating an investment. By making use of drop shippers, nothing is paid out not unless the customer's payment is paid. It is a great arrangement for individuals with a small amount of capital for a start. Usually time is the only thing that an eBay business owner should invest once using the drop shipping, and almost all the time is being spent on research with an aim of finding great wholesale drop shippers to supply the quality products that they wants to sell.

Being in an online wholesale business is quite hard especially if you lack managing skills at the same time as you lack skills in computer. So, if you have any plans on being into this business, you have to make sure that you have the enough knowledge and skills that are essential so that you can be able to avoid finding yourself being a looser in the field where you choose to be into. …