Tag: Own

Start Your Own Business: 50 Things You – ll Need to Do #register #your #business

#start your own business

#

Start Your Own Business: 50 Things You ll Need to Do

Thinking about starting a business? You’re not alone. Every year, thousands of Americans catch the entrepreneurial spirit, launching small businesses to sell their products or services. Some businesses thrive; many fail. The more you know about starting a business, the more power you have to form an organization that develops into a lasting source of income and satisfaction. For help with the beginning stages of operating a business, the following checklist is a great place to start.

Evaluate and Develop Your Business Idea

Determine if the type of business suits you.

Use a break-even analysis to determine if your idea can make money.

Write a business plan, including a profit/loss forecast and a cash flow analysis.

Find sources of start-up financing.

Set up a basic marketing plan.

Decide on a Legal Structure for Your Business

Identify the number of owners of your business.

Decide how much protection from personal liability you’ll need, which depends on your business’s risks.

Decide how you’d like the business to be taxed.

Consider whether your business would benefit from being able to sell stock.

Research the various types of ownership structures.

Get more in-depth information from a self-help resource before you settle on a structure. If you are unsure, talk to a lawyer.

Choose a Name for Your Business

Think of several business names that might suit your company and its products or services.

If you will do business online, check if your proposed business names are available as domain names.

Check with your county clerk’s office to see whether your proposed names are on the list of fictitious or assumed business names in your county.

For corporations and LLCs: check the availability of your proposed names with the Secretary of State or other corporate filing office.

Do a federal or state trademark search of the proposed names still on your list. If a proposed name is being used as a trademark, eliminate it if your use of the name would confuse customers or if the name is already famous.

Choose between the proposed names that are still on your list.





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How To Start Your Own Business #business #flyer #templates

#starting your own business

#

Get my 5-day email funnel that generated $400,000 from a single launch

How To Start Your Own Business

Starting your own business is one of the most powerful ways to take control of your life and make extra money month after month. You can start with just a few hours a week. And best of all, you get to choose your hours, pick projects you find exciting, and meet interesting people. With the help of the step-by-step systems you’ll find here, you can start getting clients faster and boost your earnings when you want to.

I’ll even show you how to build enough steady income that you can quit your day job, if you want to.

I’ve covered how to make more money elsewhere on this site. Right here, I’m revealing the advanced strategies behind launching a successful business that gives you the freedom to share your skills with the world and create something people will pay you for, even when you aren’t working.

These are the same techniques I’ve spent over a decade and a million dollars refining. I’ve gathered over 1,000,000 data points while creating 15 different products that cost anywhere between the price of a latte to over $12,000… and I’ve helped over 1,000 students launch their own businesses, too.

You’ll learn the systems, strategies, and shortcuts I only dreamed of having when I started out… so you can launch faster and earn more.

Of course, all the business-building knowledge in the world isn’t very helpful unless you have the right psychological mindset and tools. That’s why I’ve invited some of the world’s leading experts on time management, productivity, and work/life balance to share their best secrets with you.
Now the #1 requested IWT topic of all time :

How to start an online business

I want to show you the truth about starting a successful online business. Unlike unscrupulous marketers whose entire business is creating ebooks about creating ebooks, I’ve spent years teaching over 100,000 readers how to live a rich life automate their finances and get out of debt. find their Dream Jobs, negotiate better salaries. and finish tasks they’ve put off for years .

Why do my students keep coming back? Why do they buy at a rate 1,235% higher than prospects? And how do I still have a refund rate much lower than the industry standard, despite a generous money-back policy? I’ll share how I do it — and how you can, too .

It’s easy to get stuck with a low-profit business that sucks your time and money. I’ll show you how to avoid the mistakes I’ve made.

Want to know exactly what’s the best kind of online business to start? I could give you a bunch of theory, principles, and a long history of the relative pros and cons of each. Or I could just tell you the answer:

When I launched my first product, I thought I had to beg people to buy it. The funny thing is, it was a $4.95 ebook.

Now, I’ve had to turn people away from $4,000+ courses, and someone even hacked into my sales page to buy a course before I opened it to the public.

What the hell? How did I go from $4.95 to successfully launching a $12,000 flagship course that people lined up to join?

I’ll reveal the critical decisions and strategies I used to get to where I am now.

If you wanted to learn how to start an online business, would you want to learn from someone who’s sold 1 or 2 products about selling products, then kept milking that cow for years… or would you want to learn from someone who’s sold over 15 different products ranging from $4.95 to $12,000 ?

When you’re the same as everyone else, you’re a commodity. And that means crummy pay, long hours, and bad customers. You do NOT want to compete against everyone in the world.

It doesn’t matter if you’re a man, a woman, a life coach, a stylist, an analytics guru, or a language tutor. Whether you’re trying to get a date or start an online business, if you’re the same as everyone, you’re doomed.

This is where the concept of ZIGGING and ZAGGING comes in. Where others zig, you zag .

I’ll show you how to stand out, so people will see that your product is unique and be happy to pay you more.

Do you have a friend who constantly asks you for advice, but then always makes excuses for not following through?

Have you ever heard this:

  • “Why doesn’t she ever call me back?” (Perhaps it’s because you make yourself way too available and desperation oozes off you.)
  • “I hate my job…” (yet you’ve done nothing to change it except complaining)
  • “Ugh, I really need to go to the gym” (but instead, these people will continue making excuses, like how they can’t afford the $50 even though they pay that much in late fees every month)

If we’re honest, WE’RE guilty of the exact same thing. I’ve spent a decade studying and testing the best ways to stop sabotaging yourself and start following through.

Here’s the brutal truth. PASSION ISN’T ENOUGH.

You need business systems. I’m talking about repeatable, reliable, automated (or nearly automated) ways of completing key business processes. I couldn’t run I Will Teach without the systems I invented and I definitely wouldn’t have the great work/life balance I enjoy.

IWT has thousands of systems now, but if you took it all away tomorrow, all you really need are these three. I spent years perfecting them, and you can use them right away.

Afraid or launching an online business?

I struggled with the same fears for years … until I discovered the psychological breakthroughs and systems that make it easy and fun to get started.

We’ll deep dive into the 3 major FEARS around starting an online business, so you’ll know how to ignore the critics, focus on doing your very best, and be confident enough to laugh at your own failures and become successful faster.

I’ll show you how you can grow an online business with a tiny email list — or even without a website at all.

You don’t have to have a huge email list or wait until you have 100,000 followers. You can actually start NOW. Once you find the right people, you can build a successful online business with fewer people than you’d ever thought possible .

My students will show you how they launched their online businesses and scaled them up one student even got 5-figures in just a few months, without any email list.

How top performers balance profitable businesses with free time

We all have the same number of hours in the day, but some people top performers seem to get 10x the amount of work done as the rest of us. In these case studies and interviews, you’ll understand how.

Cal is totally dominating his post-doc while maintaining a successful blog. His trick: ruthlessly optimizing his schedule and saying “No” a lot.

Tim Ferriss of the Four Hour Work Week asks me about false starts and success rates.

Erica sold her company for over $1 million at age 26. When she talks, I listen.

I want to introduce you to one of my most influential mentor, whose insights have changed my life. If you’ve ever wondered who I study and learn from, here’s your answer.

I’ve put together a step-by-step guide so you can start launching a profitable online business in your spare time. You’ll see some of my juiciest case studies, strategies, and more insights I’ve spent over $1,000,000 and thousands of hours discovering. Just sign up for my free Insider’s List below, and you’ll hear when my step-by-step program, Zero to Launch, opens for enrollment:

Learn more about Zero to Launch:





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Business cards, design your own luxury business cards #sell #business

#business card

#

Full colour business cards in a variety of finishes
from £18.90

Ordering business cards is easy at printing.com. We provide lots of options to find the best card for your needs. Click Upload your files to see similar products and pick the best specification for your needs. Or click our business card products on the left to find out more info about them.

Don’t have any experience designing business cards? Create your customised business card online. Choose from thousands of business card designs that professional graphic designers have made for you. Pick your industry type and personalise it for your business within minutes.

Would you prefer to have a unique design made by one of our friendly team of designers in a studio near you? With studios around the UK, there’s always a helping hand nearby. We’ll work with you to create a business card design that suits your organisation and impresses your clients.

We’ve a broad range of business card products and finishes including silk, uncoated, gloss or matt laminated, spot UV, embossed, foiled, folded and shaped business cards – so whatever you fancy, we’ve got a business card for you.





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Owning Your Own Business Advantages and Disadvantages #starting #your #own #business #ideas

#owning your own business

#

Owning Your Own Business Advantages and Disadvantages

Making the decision to open and run you re very own business is a huge one, for sure. It s often an extremely exciting time in a person s life and has the prospect of putting them on the pathway for an entirely different lifestyle and success. However, as we all know in today s unsure economy, running a business is also one of the biggest gambles that you could possibly take. Truly understanding the benefits that come to you from owning a business as well as the challenges and obstacles that you may face is the best way to determine if it is the right choice for you.

The Advantages of Owning Your Own Business

1. You re The Boss
One of the biggest advantages, by far, is the simple fact that you are in charge. You have the amazing ability to make every single decision when it comes to your business. This means how long you want to work, when you want to go home, the changes that need to be made, and anything else you could possibly think of.

2. Making Money For You
When you are an employee, your job is to make money for someone else, which is far less rewarding than making that money for yourself. By owning your own business, every dime that you make is yours. This has the potential to make you very successful if your business is ran well and becomes highly profitable.

3. Job Security
Many people worry every day about whether or not they will be fired, but this worry is completely eradicated if you are the business owner. There is no one above you, and because of that you are completely secure in your job and place at your business. No one can fire you, which is a major advantage.

4. It s Your Passion
People that want to start their very own business want to do it because it is something that they are passionate about. By opening up shop and providing your product or service to other people, you are successfully fulfilling your passion, which gives you major mental rewards as a person. This also makes it so that you are happy going to work every day to improve upon your company.

5. Invaluable Experience
When you work for someone else, you only get to experience one side of the business, the side that you are working with. Owning your own allows you to gain first hand experience in every aspect that is involved in running a business, which is a great way to gain experience for the future.

The Disadvantages of Owning Your Own Business

1. It s A Risk
One thing that draws many people away from starting their own business is the simple fact that it is extremely risky. You have to put down your own money, and if the business fails, it all falls on you. Many people lose everything because of starting a business that doesn t flourish or succeed.

2. Investments
Before a business can begin making money you must invest in many things. This includes the space you need to operate, the products, employees, marketing, and licenses that you are required to have. The costs can add up very quickly. It is difficult to take on these financial burdens when you are not already making money off of them.

3. It s Inconsistent
There is no way to predict how well a business will do, which is a scary thought. Your income is completely dependent on the business, so if you have a bad month or two, big problems can arise.

4. It More Than Full Time
Unlike working for a company, running your own business has no set hours that you have to work. You simply have to do what you have to do to get your business going and profitable. This could mean extremely long hours performing unpleasant tasks and handling the smallest of details that pertain to your business.

Important Facts About Owning Your Own Business

  • Some of the biggest companies in the world, had to start somewhere. Microsoft was developed in someone s garage before it became the major success that it is today.
  • A small business is defined as a company that has less than 500 employees.
  • Over 50 percent of the working people in the United States work for small businesses.
  • Over half a million new businesses are started and registered each and every month.




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  • Start Your Own Business: 50 Things You – ll Need to Do #business #lookup

    #start your own business

    #

    Start Your Own Business: 50 Things You ll Need to Do

    Thinking about starting a business? You’re not alone. Every year, thousands of Americans catch the entrepreneurial spirit, launching small businesses to sell their products or services. Some businesses thrive; many fail. The more you know about starting a business, the more power you have to form an organization that develops into a lasting source of income and satisfaction. For help with the beginning stages of operating a business, the following checklist is a great place to start.

    Evaluate and Develop Your Business Idea

    Determine if the type of business suits you.

    Use a break-even analysis to determine if your idea can make money.

    Write a business plan, including a profit/loss forecast and a cash flow analysis.

    Find sources of start-up financing.

    Set up a basic marketing plan.

    Decide on a Legal Structure for Your Business

    Identify the number of owners of your business.

    Decide how much protection from personal liability you’ll need, which depends on your business’s risks.

    Decide how you’d like the business to be taxed.

    Consider whether your business would benefit from being able to sell stock.

    Research the various types of ownership structures.

    Get more in-depth information from a self-help resource before you settle on a structure. If you are unsure, talk to a lawyer.

    Choose a Name for Your Business

    Think of several business names that might suit your company and its products or services.

    If you will do business online, check if your proposed business names are available as domain names.

    Check with your county clerk’s office to see whether your proposed names are on the list of fictitious or assumed business names in your county.

    For corporations and LLCs: check the availability of your proposed names with the Secretary of State or other corporate filing office.

    Do a federal or state trademark search of the proposed names still on your list. If a proposed name is being used as a trademark, eliminate it if your use of the name would confuse customers or if the name is already famous.

    Choose between the proposed names that are still on your list.





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    Buy a business or start your own? Canada Business Network #getting #a #business #loan

    #own your own business ideas

    #

    Buy a business or start your own?

    Starting a business from scratch can be overwhelming for first-time entrepreneurs. If you have a great business idea and are ready to work hard to build it from the ground up, then you may wish to start your own business. But if you want to hit the ground running and avoid some of the common start-up pitfalls, then buying an existing business or a successful franchise may be a better option for you.

    Starting your own business

    • Complete freedom to design and manage the business according to your vision.
    • Not bound by anyone else s rules, history or assets.
    • Opportunity to carve out a new niche in the market.
    • Can be less expensive than buying a successful business.
    • Can take time to become profitable.
    • There is no guarantee of business success and a high rate of failure for new businesses.
    • Can be more difficult to get financing because lenders or investors are taking a risk with your idea.

    Buying an existing business or franchise

    • Benefit from the work that has already been done on building a brand, developing customer relationships, developing business processes and acquiring assets.
    • Can start bringing in profits more quickly.
    • Can be easier to get financing because the business model is proven.
    • The upfront investment is often higher than if you were starting your own business.
    • The previous owner and/or franchisor s business model and way of doing business may not be a perfect match with what you envision.

    Learn more

    If you are considering buying a business, these documents will tell you what to watch out for and help guide you through the process.

    When you’re setting up your business, you need to ensure that all of your bases are covered. Consider the following steps as you navigate through the business start-up phase.

    Find out what you need to know before buying a business: where to look, how to evaluate potential acquisitions, and what a fair price would be.

    Learn more about buying a franchise as an option for starting a business.

    Find out how to write a business plan and access templates, sample business plans, market research information and statistics.

    Was this information useful?





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    Starting your own business: Careers Wales #business #names #ideas

    #own your own business ideas

    #

    Careers Wales

    Starting your own business

    Thinking about setting up a business?

    Why would you work for yourself instead of working for someone else? For many the idea of “being my own boss” is appealing. You’re in charge of your own future, the one who’s in control of making the decisions. You get the opportunity to turn your ideas into practice and, with some planning, make some money from it!

    However, there are also risks. Only one in three business start ups in the UK succeed in the first three years of business. So it is important that you do your research and get some help before taking this step.

    Whatever your career option, there is often an opportunity to consider working for yourself. People start their own businesses in a range of areas from undertakers to journalists, lawyers to puppeteers, medical suppliers to musicians. So whether it’s something you’ve never considered before or whether you are ready to go, this page will help you assess your skills and attitudes, help you understand what it s like and put you in touch with organisations that can help you

    What does it take to run your own business?

    You may think it takes a certain type of person to start a business. Evan Davis, a presenter of BBC s Dragons Den, suggests that the personal qualities a typical entrepreneur would have are:

    • confidence
    • initiative
    • determination
    • resilience
    • a team worker
    • a risk-taker
    • a hard worker.

    If you’ve got the right attitude, there’s no limit to what you can achieve as your own boss. We ve all heard of Sir Alan Sugar, Oprah Winfrey and Anita Roddick – all successful entrepreneurs. But don t forget the host of plumbers, shopkeepers, mechanics, hairdressers and others in your locality who also run successful, profitable small businesses.

    The responsibility of being the boss can be pretty scary at first, but it doesn’t have to be too scary; not when there’s so much help and advice available to you in Wales. There’s everything from financial grants to free marketing advice. Who knows what you could achieve with the right help and some self-belief.

    Do you have what it takes?

    To help you reflect on your own motivation and suitability for self-employment, try the Self-employment checklist on the Prospects website.

    Before you start anything, take time to think through and plan your venture.

    • What s your business idea?
      Your business idea can range from spotting a gap in the market to coming up with a brand new product or service. If you re having difficulty, ask your friends or family to brainstorm ideas with you. You may already have a great idea that just needs a little more thought and they may just add the finishing touch.
    • Do your market research
      Before starting up your own business, you should carry out market research. You ll need to work out that enough people will want to pay for your product or service for you to make a profit.
    • Write a business plan
      Use your market research findings to develop your business plan. You must have a business plan if you intend to apply for funding. Sample UK business plans are available free at BPlans.
    • Finance your business
      Read the advice given by The Prince s Trust, Shell LiveWIRE, www.startups.co.uk and business.wales.gov.uk. Also the self-employment section of the Prospects website.
    • Get free business training and start-up advice from Welsh government-funded bodies
      Get help to write a business plan, information on matters such as assessing insurance needs, tax and national insurance, and checking your legal responsibilities relating to issues such as health, staff employment and intellectual property rights.

    Here are some further start-up tips that anyone starting a business would benefit from:

    • Open a separate bank account for your business and keep records of all your income and expenditure right from the beginning.
    • Start the business small, with minimum risks and costs.
    • Always be looking to improve all aspects of your business, especially by listening to your customers. You will be surprised how honest people are when you ask how you can improve your service.
    • Never stop doing your market research, checking is your Unique Selling Proposition still unique? Your Unique Selling Proposition sets you and your business apart from your competition. Put simply, it s why customers buy from you rather than from the others.
    • Provide the best customer service possible. Always treat customer complaints seriously – and put them right.
    • Don t be afraid to ask questions of people in the same business field.
    • Find friends, family members that can help you in particular aspects of your business, such as web design, graphic design, photography and press contacts.
    • Don t be afraid to try out ideas or approach new people or shops. The worst that can happen is that they say no.

    Further information for starting your own business

    • Browse the AGCAS booklet Self-employment which contains useful information and contacts.
    • Start Ups provides a range of resources such as blogs, case studies, forums and podcasts to inspire would-be entrepreneurs.
    • Cobweb Information for Business publishes free practical information that helps entrepreneurs start up and run their small businesses.
    • The Prince s Trust provides grants as well as help and advice to budding entrepreneurs between 18 and 30 years of age, as does Shell LiveWIRE.
    • Enterprise4all specialises in supporting entrepreneurs from under-represented groups, such as women, people with disabilities, older people and those from ethnic minority backgrounds.
    • Disabled Entrepreneurs Network provides networking opportunities and information services for self-employed disabled people.
    • Prime Cymru is an initiative aimed at people over 50 starting their own business.




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    Owning Your Own Business Advantages and Disadvantages #new #business #opportunities

    #owning your own business

    #

    Owning Your Own Business Advantages and Disadvantages

    Making the decision to open and run you re very own business is a huge one, for sure. It s often an extremely exciting time in a person s life and has the prospect of putting them on the pathway for an entirely different lifestyle and success. However, as we all know in today s unsure economy, running a business is also one of the biggest gambles that you could possibly take. Truly understanding the benefits that come to you from owning a business as well as the challenges and obstacles that you may face is the best way to determine if it is the right choice for you.

    The Advantages of Owning Your Own Business

    1. You re The Boss
    One of the biggest advantages, by far, is the simple fact that you are in charge. You have the amazing ability to make every single decision when it comes to your business. This means how long you want to work, when you want to go home, the changes that need to be made, and anything else you could possibly think of.

    2. Making Money For You
    When you are an employee, your job is to make money for someone else, which is far less rewarding than making that money for yourself. By owning your own business, every dime that you make is yours. This has the potential to make you very successful if your business is ran well and becomes highly profitable.

    3. Job Security
    Many people worry every day about whether or not they will be fired, but this worry is completely eradicated if you are the business owner. There is no one above you, and because of that you are completely secure in your job and place at your business. No one can fire you, which is a major advantage.

    4. It s Your Passion
    People that want to start their very own business want to do it because it is something that they are passionate about. By opening up shop and providing your product or service to other people, you are successfully fulfilling your passion, which gives you major mental rewards as a person. This also makes it so that you are happy going to work every day to improve upon your company.

    5. Invaluable Experience
    When you work for someone else, you only get to experience one side of the business, the side that you are working with. Owning your own allows you to gain first hand experience in every aspect that is involved in running a business, which is a great way to gain experience for the future.

    The Disadvantages of Owning Your Own Business

    1. It s A Risk
    One thing that draws many people away from starting their own business is the simple fact that it is extremely risky. You have to put down your own money, and if the business fails, it all falls on you. Many people lose everything because of starting a business that doesn t flourish or succeed.

    2. Investments
    Before a business can begin making money you must invest in many things. This includes the space you need to operate, the products, employees, marketing, and licenses that you are required to have. The costs can add up very quickly. It is difficult to take on these financial burdens when you are not already making money off of them.

    3. It s Inconsistent
    There is no way to predict how well a business will do, which is a scary thought. Your income is completely dependent on the business, so if you have a bad month or two, big problems can arise.

    4. It More Than Full Time
    Unlike working for a company, running your own business has no set hours that you have to work. You simply have to do what you have to do to get your business going and profitable. This could mean extremely long hours performing unpleasant tasks and handling the smallest of details that pertain to your business.

    Important Facts About Owning Your Own Business

  • Some of the biggest companies in the world, had to start somewhere. Microsoft was developed in someone s garage before it became the major success that it is today.
  • A small business is defined as a company that has less than 500 employees.
  • Over 50 percent of the working people in the United States work for small businesses.
  • Over half a million new businesses are started and registered each and every month.




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  • How To Start Your Own Business #how #to #start #a #business

    #starting your own business

    #

    Get my 5-day email funnel that generated $400,000 from a single launch

    How To Start Your Own Business

    Starting your own business is one of the most powerful ways to take control of your life and make extra money month after month. You can start with just a few hours a week. And best of all, you get to choose your hours, pick projects you find exciting, and meet interesting people. With the help of the step-by-step systems you’ll find here, you can start getting clients faster and boost your earnings when you want to.

    I’ll even show you how to build enough steady income that you can quit your day job, if you want to.

    I’ve covered how to make more money elsewhere on this site. Right here, I’m revealing the advanced strategies behind launching a successful business that gives you the freedom to share your skills with the world and create something people will pay you for, even when you aren’t working.

    These are the same techniques I’ve spent over a decade and a million dollars refining. I’ve gathered over 1,000,000 data points while creating 15 different products that cost anywhere between the price of a latte to over $12,000… and I’ve helped over 1,000 students launch their own businesses, too.

    You’ll learn the systems, strategies, and shortcuts I only dreamed of having when I started out… so you can launch faster and earn more.

    Of course, all the business-building knowledge in the world isn’t very helpful unless you have the right psychological mindset and tools. That’s why I’ve invited some of the world’s leading experts on time management, productivity, and work/life balance to share their best secrets with you.
    Now the #1 requested IWT topic of all time :

    How to start an online business

    I want to show you the truth about starting a successful online business. Unlike unscrupulous marketers whose entire business is creating ebooks about creating ebooks, I’ve spent years teaching over 100,000 readers how to live a rich life automate their finances and get out of debt. find their Dream Jobs, negotiate better salaries. and finish tasks they’ve put off for years .

    Why do my students keep coming back? Why do they buy at a rate 1,235% higher than prospects? And how do I still have a refund rate much lower than the industry standard, despite a generous money-back policy? I’ll share how I do it — and how you can, too .

    It’s easy to get stuck with a low-profit business that sucks your time and money. I’ll show you how to avoid the mistakes I’ve made.

    Want to know exactly what’s the best kind of online business to start? I could give you a bunch of theory, principles, and a long history of the relative pros and cons of each. Or I could just tell you the answer:

    When I launched my first product, I thought I had to beg people to buy it. The funny thing is, it was a $4.95 ebook.

    Now, I’ve had to turn people away from $4,000+ courses, and someone even hacked into my sales page to buy a course before I opened it to the public.

    What the hell? How did I go from $4.95 to successfully launching a $12,000 flagship course that people lined up to join?

    I’ll reveal the critical decisions and strategies I used to get to where I am now.

    If you wanted to learn how to start an online business, would you want to learn from someone who’s sold 1 or 2 products about selling products, then kept milking that cow for years… or would you want to learn from someone who’s sold over 15 different products ranging from $4.95 to $12,000 ?

    When you’re the same as everyone else, you’re a commodity. And that means crummy pay, long hours, and bad customers. You do NOT want to compete against everyone in the world.

    It doesn’t matter if you’re a man, a woman, a life coach, a stylist, an analytics guru, or a language tutor. Whether you’re trying to get a date or start an online business, if you’re the same as everyone, you’re doomed.

    This is where the concept of ZIGGING and ZAGGING comes in. Where others zig, you zag .

    I’ll show you how to stand out, so people will see that your product is unique and be happy to pay you more.

    Do you have a friend who constantly asks you for advice, but then always makes excuses for not following through?

    Have you ever heard this:

    • “Why doesn’t she ever call me back?” (Perhaps it’s because you make yourself way too available and desperation oozes off you.)
    • “I hate my job…” (yet you’ve done nothing to change it except complaining)
    • “Ugh, I really need to go to the gym” (but instead, these people will continue making excuses, like how they can’t afford the $50 even though they pay that much in late fees every month)

    If we’re honest, WE’RE guilty of the exact same thing. I’ve spent a decade studying and testing the best ways to stop sabotaging yourself and start following through.

    Here’s the brutal truth. PASSION ISN’T ENOUGH.

    You need business systems. I’m talking about repeatable, reliable, automated (or nearly automated) ways of completing key business processes. I couldn’t run I Will Teach without the systems I invented and I definitely wouldn’t have the great work/life balance I enjoy.

    IWT has thousands of systems now, but if you took it all away tomorrow, all you really need are these three. I spent years perfecting them, and you can use them right away.

    Afraid or launching an online business?

    I struggled with the same fears for years … until I discovered the psychological breakthroughs and systems that make it easy and fun to get started.

    We’ll deep dive into the 3 major FEARS around starting an online business, so you’ll know how to ignore the critics, focus on doing your very best, and be confident enough to laugh at your own failures and become successful faster.

    I’ll show you how you can grow an online business with a tiny email list — or even without a website at all.

    You don’t have to have a huge email list or wait until you have 100,000 followers. You can actually start NOW. Once you find the right people, you can build a successful online business with fewer people than you’d ever thought possible .

    My students will show you how they launched their online businesses and scaled them up one student even got 5-figures in just a few months, without any email list.

    How top performers balance profitable businesses with free time

    We all have the same number of hours in the day, but some people top performers seem to get 10x the amount of work done as the rest of us. In these case studies and interviews, you’ll understand how.

    Cal is totally dominating his post-doc while maintaining a successful blog. His trick: ruthlessly optimizing his schedule and saying “No” a lot.

    Tim Ferriss of the Four Hour Work Week asks me about false starts and success rates.

    Erica sold her company for over $1 million at age 26. When she talks, I listen.

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    Learn more about Zero to Launch:





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    Start Your Own Small Business #financing #a #new #business

    #start your own business ideas

    #

    Start Your Own Small Business

    Wouldn’t it be great to be able to quit your job, be your own boss and earn a paycheck from the comfort of your own home? The good news is that with a little planning and some startup money, it is possible.

    Let’s delve a little deeper into how to start a small business from home and help you decide how much planning and money you’ll need to be your own boss.

    Creating the Concept
    Before quitting their jobs, the potential entrepreneurs must first think of a concept, product or service to generate a steady income. And while that may sound easy, it’s not. You should conceive a plan that puts your knowledge, experience and expertise to use but in a way that allows you to make the most amount of your money.

    When first thinking of some business ideas, start with areas you already have a great deal of interest, equipment and materials for. This will help cut down on the startup costs for your company and also let you hit the ground running when you do hang out your shingle. Also, peruse the local paper and advertisements to see what other types of businesses are out there. Are there other similar businesses in your neighborhood or is there a business area that is lacking.

    Doing something you like isn’t the only consideration. You need to get an idea of the prospects for the potential business. Is it a business with a market? Can you make money at it? This will require some research into the marketplace as well as how other similar businesses have fared.

    Developing a Work Space
    Your home is where you live. This means that its primary function is to serve as a dwelling for you and your family – not as a warehouse or meeting place for your business and its clients. Make certain that if you are considering entering the manufacturing business (for example) that your garage or shed is large enough to handle your work – without forcing your family and your vehicles into stormy weather.

    Similarly, if your work will be computer-based, make sure that you have the technology necessary to give your idea a fighting chance. In addition, make sure that you have a dedicated area that’s cut off from the rest of the house and that can afford you some privacy. Remember, hearing a barking dog or a crying baby in the background when you are trying to work or meet with a client may not be ideal for you or your family.

    Outsourcing Partners/Employees
    While it would be great to be the sole owner of your company and have complete control of every aspect, sometimes a lack of funds or experience make it necessary to have a partner. In this case, consider someone that is bright, will represent the company well, and has some sort of expertise in the business you are developing, be it sales, marketing, book-keeping, or other financial matters.

    Also, try to define the tasks that you and your partner(s) will be responsible for before opening up shop. That way, there will be fewer disagreements and the business will operate more smoothly. Also, make sure that all partners are legally cared for by the company, and that the proper forms are filed with the regulatory authorities – this may mean filing twice and paying for title changes if you need to find a new partner, but it will protect both of you in the long run.

    Next, decide if you’ll need employees – whether now or in the future. If so, put some thought into how you will get them and what you will pay them for their work. Also, think about how you’ll do payroll. and whether people will want to work from your home, from their own homes or if you’ll need to find another facility to house them.

    Doing Your Research
    Some books on forming a small business suggest that after hatching an idea, an entrepreneur should just “go for it.” However, this bold approach could land you in some shaky territory.

    Instead, a good first move is to start asking family and friends what they think about your small business idea. Consider asking them specific questions such as:

    • Would you purchase this particular product and/or service?
    • What do you think its worth?
    • What is the best way to market the idea?
    • Is this something that you think is a fad, or do you feel it could be a viable business for the long term?
    • Is there anything you can think of to improve this idea?
    • What other businesses in this field have you heard of or do you currently use for this product/service?

    If you’re married and/or have kids, you should also be asking your family how they feel about you quitting your job and working from home. This will affect them on a psychological and financial level. If any of their answers are negative, you should spend some time discussing their concerns and decide whether your goal is worth continuing against their wishes.

    After obtaining all of this feedback, go back to the drawing board and see if the idea can be improved upon so that your product or service can be differentiated from the competition. Remember, you want to hit the ground running and turn as many heads as possible when first starting off!

    Finding Funding
    Once you have an idea and the approval of your family, you need to decide how you are going to finance it. Most businesses will need at least a little startup income. This investment will hopefully help you break even after a year, but keep in mind that even successful businesses can remain in deficit for the first few years. Because of this, you will want to tap into a few different sources of funding. Some of these include:

    • A small-business loan
    • Savings
    • Money generated from other investments
    • Family/friends who will act as investors
    • Personal loan from the bank
    • Home equity loan
    • Credit cards (as a last resort)

    Source capital that won’t hamper your longer-term security. In other words, try to avoid racking up costly credit card debt that could cost 20% or more in yearly interest fees. Also, try to avoid borrowing against your 401(k) or other similar plans as this may adversely affect your retirement.

    Finally, one of the best things you can do before you take the entrepreneurial leap is to build up an emergency fund to fall back on if your company doesn’t break even for a few months. Three months of living expenses is a minimum goal for a new business owner, but even more will help take the stress off of you and let you spend your energy on your company.

    Covering Your Bases
    All business owners should think about what would happen to the enterprise and the revenue streams being generated if health or other issues were to prevent them from being involved in the business. In other words, if the entrepreneur were to become disabled, who would takeover. Could the business survive?

    Consider these issues beforehand and determine whether disability income insurance makes sense, or if a partner could fill the void caused by your absence.

    Foreseeing the Future
    It’s great to own a business, but ultimately the entrepreneur will probably want to retire or move on to other challenges. With that in mind, you should create a business plan that discusses how you will transfer, sell or close your company. If your business depends on your unique knowledge and contacts, it may not be able to be assumed by another party.

    Conclusion
    There are few things more satisfying and rewarding than launching and owning your own home-based business. but before diving in, be sure to do your homework. Making a business work is not an easy task, but proper planning will help to increase its chances of success.





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