Being productive in your home based business is one of the first things you want to get really good at. For one very vital reason. When you have a job you are paid for your time. When you have your own business your paid for your production. So the faster you learn how to be supper productive, the sooner you will have success in your home business, start to earn money and get the lifestyle you want. Here are 7 tips to get you on track for being super productive and successful.1. Take control of your “busy work.” What do I mean by “busy Work?” It is the non income producing activities that can steal your entire day. This is time spent disguised as work. Examples of these are, answering phone messages, answering emails, checking Facebook or Twitter. Income producing activities need to be 80 to 90% of your work time. “Busy work” is one way we all spend our time when we are procrastinating on doing something else that we are usually uncomfortable with or that is new and we are not quite sure of. Tell yourself you can do it and get started on the task!2. Set goals and tasks before the day begins. Know what you need to get done the next day before you go to bed at night. You need a clear picture of your next days schedule. Have goals set for the next day, week, and month. The best way to know where you are going is to have a clear path. Include a finish time or deadline for each task. Hold yourself accountable for when each task needs to be completed.3. Work in 50 minute intervals with a 10 minute break for each hour. Have a stop watch or some type of timer so that you have a set amount of time a task needs to be completed. I use the timer on my cell phone (it is silenced). It is amazing how much more concentrated your efforts are when you know you have a set time that the task needs to be completed by.4. One of the things that can really slow down our production is the feeling of being overwhelmed. This is a big problem anytime you are starting your home based business and learning a new skill. In order to keep the feeling of being overwhelmed under control, pick just one marketing technique and focus on it. Master it, become proficient at it prior to trying a new tactic. Your goal here is to pick one technique and make it a habit. Make the new tactic part of your schedule and routine until it becomes a habit. Give yourself about 3 months to really learn the technique, before adding a new marketing technique to your business.5. No multitasking. Multitasking is an inefficient use of your time. It takes your brain about 15 minutes to refocus on the task when going from task to task. It actually takes longer for you to complete your work when you multitask. Batch your activities into time blocks and focus on one activity at a time.6. Take time everyday for motivation and learning. Motivation and learning are crucial to your home based business success. Motivation is the one thing that you can never skip in your daily schedule. The time you spend on motivation and learning is separate from your income producing time. This is another place people can get stuck and use to procrastinate. Don’t spend time learning new marketing techniques and not put them into practice. The only way to earn money in your home based business is to take action on what you are learning.7. Journal your time for 1 week. Take a few seconds each hour for 1 week to see how you are really spending your time. Evaluate at the end of the week. Where can you improve? Are you spending 80-90% of your time on income producing activities?Bonus tip: Keep your life in balance. Schedule fun time, time with your family and friends. Schedule time to take care of yourself, to exercise and eat right. Know why you want to have your own home based business and review your why every day.Incorporating these tips into your daily schedule is vital to your business success. We all get the same 24 hours in the day but how we use the time will make or break your home based business. Remember you are paid for productivity not hours, and you are in control of how you use your time. The sooner you make these tips a habit the faster you build the foundation to your business and the sooner you get the lifestyle and money you are dreaming of.
The Best Home-Based Business for Beginners: 4 Important Tips for Starting Your Business!
If you’re a beginner in the home-based business world; whether it’s online or predominantly “on the street;” you can find a million web sites that claim you can make money right away! Many “wealth gurus” say they can make you fast cash!
However, millions of home based business ideas on the internet are failing to produce their claims.
Why?
Because most home-based business ideas are usually too difficult for the beginning entrepreneur. Or, in an effort to make them simplistic, most of the benefits are in favor of the owners.
In fact, many programs are usually challenging for the intermediate and advanced Internet marketer.
You’ve heard it before… “You can make $150,000, $500,000 and even $1 million a year with no experience, not time, no money and no brains!”
You’ve heard these outrageous claims before and they get old after a while! It makes it hard to know the difference between the hype and an online home business or home-based business idea that can deliver a real promise!
So if you’re trying to get out of the 9-to-5 rat race and work for yourself, the best way to prevent wasted time is to find a dependable mentor and invest the required time and money to get the necessary foundation that can help you make money from “jump Street!”
It’s common for the average home based business entrepreneur to invest 10, 20 or $30,000 in training and tools before finally getting the right skill set to make things happen. In fact, it probably happens to over 70% of us who get into home businesses. Of those, most fail.
In fact, I was no exception. Before it finally made some sense to me I had invested over $20,000 in training, software, tools etc.
The biggest tragedy is; I could have spent $500 or even $1000 and received the same or even better results! However, I started like most of us do. spending $10 here, $25 there, etc. But that’s like trying to put a 500 piece puzzle together and purchasing five pieces at a time.
So you’re faced with the choice of constantly being persuaded by all the get rich quick scams and jumping from one hot idea to the next!
Don’t Repeat the Same Mistake most Home-Based Beginners Make!
Like many of us, I took the plunge into online and home-based entrepreneurship and experienced instant failure! Even though I began working on the internet when it virtually started. I worked many home-based businesses as early as when Amway was very popular.
I failed at over 50 different home and online businesses with every marketing strategy you can think up.
I fell for several of the web site gimmicks that told me to “just purchase a sleek looking $500 web site and get rich! One such opportunity was a car web site that I worked on for five years. During those years I never made one dime!
I purchased e-courses, signed up for all the free programs, I spent many hours posting to free ad boards, ad blasters, banner ads, studied SEO, basic HTML and much more. I probably tried every kind of internet business and strategy on how to make money!
I tried an equal amount of home-based businesses that do most of their work on the street instead of the internet.
Basically, I was spending all my free time draining my bank account and still didn’t make one penny!
Don’t let anyone fool you; although working in the home-based business world can be very lucrative, you are going to have to make an investment in time, money and dedication before you get the results you desire. The good news is, it takes much less time and much less money than in the “brick and mortar” world.
Important Tips for Starting Home Based Beginners
OK Mike, you told me all the bad news! So what can I do that will work!
Glad you asked!
Good money can be made with a home business idea, and lots of it! In fact unlimited! But these secrets are important.
If you are making tons of money without them, you should be able to at least DOUBLE your income with them!
1. BEST HOME BUSINESSES Concentrate on programs or products that need to be purchased monthly!
There are many great products and services for you to support. You can earn big commissions to represent them. HOWEVER, would it be better to make a $39 profit just one time, or a $10 profit over and over again indefinitely?
2. BEST HOME BUSINESSES know it takes some money to make money!
Despite all the hogwash you read about making $1 million and never spending a dime; ladies and gentlemen, it might happen once in a million years! But don’t hold your breath!
It’s always going to take some money to make money. The good thing is it takes a whole lot less to start a work from home business.
Also, even though you can join many programs FREE; realize it only gets you in the door; and without benefits to actually make a financial profit fast.
3. BEST HOME BUSINESSES “put their eggs in several baskets!”
The best home businesses entrepreneurs diversify their businesses. Getting involved in a program or selling a product with multiple sources of income or sources of prospects is what I’m talking about! If your business has more avenues of income, it will be more stable and you will be less likely to go under.
I would keep in mind that because of our unstable economy, a rewarding home-based business idea should not solely be dependent on the online world. You can conduct your business online and “on the street” but what if the internet goes down for some reason? Just something to keep in mind.
4. BEST HOME BUSINESSES invest in a business with a solid financial foundation.
Can you imagine if you invested all your time and effort in a program and after one year it closed its doors! Make sure you don’t invest all your effort into a program that is weak in the first place!
Also, when you have a “business developer mindset”, instead of a “recruiting mindset”, you will have a friendly team of associates to keep your business going.
Real Estate Auctions – The New Land Rush
On a sunny afternoon in Florida, an energetic crowd gathers on the lawn of a high end luxury estate. A loud and eager banter between an auctioneer, a group of bidders and bidder assistants fills the air. For several minutes the auctioneer asks for the next highest bid and the bidders respond. Suddenly the bidders grow silent. The high bidder holds his breath in anticipation of winning the auction. The auctioneer calls for one more bid. In a loud clear voice which rolls over the audience he says, “Fair warning, last chance” the auctioneer pauses, “SOLD!” And in less than 10 minutes another multimillion dollar estate has changed owners.
Successful real estate auctions like the one above are happening all over North America and the Caribbean. Recently real estate auctions have been on the rise, the increase in popularity is partly driven by growing inventories and fading buyer confidence. Properties that were selling in weeks using traditional methods are now languishing on the market unable to attract buyers even as seller’s lower prices. Many say the real estate boom is over but savvy buyers and sellers are profiting from real estate auctions.
Real Estate Auctions Work in Up or Down Markets.
Regardless of trends or market cycles, real estate auctions provide an open and transparent process for buyers and sellers. Properly conducted real estate auctions attract ready and willing buyers and motivate them to act now.
The auction method removes the “wait and see” attitude which serves to further depress real estate values. Buyers are always concerned about overpaying. Buyers gain confidence with their purchases at real estate auctions because they can see what others are willing to pay.
When market demand is high and inventories low, real estate auctions can deliver selling prices well above what a willing seller would have accepted in a negotiated private treaty sale. In good selling climates many property owners using traditional real estate methods; negotiating with one buyer at a time, leave thousands of dollars of equity on the table. During up markets real estate auctions are the best way to establish top market price.
Evaluating Your Real Estate for Auction
Not every property or seller for that matter makes a good candidate for auction. First of all sellers must be ready to sell now and for the current market value. Also a real estate auction will not fix problems caused by a downturn in market value of your property, if you owe more than a willing buyer will pay, be prepared to come to closing with your check book.
Properties that do well in real estate auctions have a high uniqueness factor. Ask your self, “What makes my property different from most others?” Maybe you own a resort property or high end luxury home, commercial properties and land do very well at auction. Real estate auctions thrive on uniqueness. If your property is like everyone else’s, the best thing you can do is offer the most competitive price.
Most importantly sellers must be reasonable about setting a minimum bid. A seller must look at the lowest, most current comps and price below that to generate the interest and urgency necessary for a successful real estate auction. Once the auction begins and qualified bidders start competing against one another you can watch the selling price increase.
Locate a Qualified Real Estate Auctioneer
Start by checking with the National Auctioneers Association, the best real estate auctioneers belong to this organization. These real estate auctioneers are well trained and adhere to a standard of practice and a code of ethics. Many attend the annual International Auctioneers Conference where the latest techniques and innovations in the real estate auction industry are presented.
Find out if the company you are interviewing is a full time real estate auction firm. Many real estate agents are getting auction licenses yet have no experience with the auction method of marketing. Conducting a successful real estate auction is nothing like (private treaty) traditional real estate sales. Go with a real estate auction pro.
You’re probably better of with an auction house that specializes in real estate auctions. There are many qualified auctioneers who have generations of experience selling personal property; furniture, dishes, lawn equipment and the occasional rare painting. Selling real estate at auction is a complex matter that should only be attempted by full time experienced real estate auction professionals.
Commissions and fees may vary, sellers must pay all marketing expenses up front and buyers typically pay 10% of the sales price to the auctioneer of which a share goes to participating real estate agents.
Types of Real Estate Auctions
Auctions are effective because they create a seller’s market. Professionally conducted real estate auctions create urgency, a reason to buy today and competition for the property. Terms and conditions of sale are established ahead of the auction. Real estate auctions will follow one of these three approaches:
Absolute Auction
The property is sold to the highest bidder regardless of price- using this process often returns the highest sale price.
Minimum Bid Auction
Seller agrees to sell at or above a published minimum bid price – this method is useful for internet auctions.
Seller Confirmation or Reserve Auction
With a reserve auction, the seller “reserves” the right to accept or decline any bids usually within 48 hours of the auction. Reserve auctions are used when there is a lien on the property from a lender or a court ordered sale with a minimum selling price.