Learn To Earn Online » grow your business

In a Gold Rush, Would You Sell Shovels Or Dig For Gold?

admin — Mon, 14 Jun 2010 22:49:10 +0000

Sell Shovels Or Dig For Gold?

Sorry, but only one choice is allowed.

This is not a trick question. Its purpose is to tell what kind of business person are you.

If your answer was to sell shovels to many people, it means you are practical, patient, and prefer to grow your business slowly. You prefer taking smaller leaps to gain success. You see the trees before the forest. Therefore, security is very important to you. And you would have made a ton of money. This makes you the wiser one.

If your answer was to dig for gold, you are a dreamer, adventurer, and prefer the get-rich-quick approach to making money. Its either win all or lose all. You rather take large leaps to excel your business quickly, which means taking risks. You lack patience and you see the forest before the trees. If you strike it rich, only then will you be the wiser one.

Any and all comments are welcomed.

What are your best business book reads? Which business books have helped you the most and how?

admin — Mon, 07 Jun 2010 23:06:50 +0000

I know some common books in business are

Rich Dad Poor Dad
Think and Grow Rich
and Secrets of the Millionaire Mind

If these are some helpful books, feel free to mention them again and state how they’ve helped you. Otherwise I’m open to hearing other suggestions on good business books you’ve read!

Mark my words do read these books it’ll change you for ever
Atlas shrugged
Straight from the gut– jack welch
Biography of Lee icocca

Small Business Owners: Would you use my services?

admin — Sun, 06 Jun 2010 10:46:43 +0000

I am considering starting a services business to help small businesses in my area. I am an experianced staff accountant and have a great deal of background as an analyst for a large corporation. I’ve learned a lot along the way about helping to maximize cash flow and profitability using tools and metrics that most small business just don’t have. A lot of small businesses simply don’t want to pay a bookkeeping service or for consulting concerning the nature of their businesses, but I think that;s a mistake. Given the lack of actual business and accounting experience most SB owners have. The question is, could you be convinced as a small business owner to use my services on a consulting or an ongoing basis, if I can make the case that I can help you make your business grow and thrive? Honest answers only please.

It is not the people here on Yahoo you should be asking, but the owners of the buisinesses you want to have as clients. i think you’d be better off doing some old fashioned marketing the old small town way.

Call around, or just walk around, and contact some business owners of the type of businesses you are thinking of as clients. Buy them coffee or whatever. Don’t try to sell them anything. Just tell them about yourself and the type of business you are considering. Ask them how they do their bookkeeping and accounting, and what is good about it, and what they wish would be better about what they do now.

this will do several things, it will introduce you to them when you are not trying to sell them on something. You will get a better picture of the local businessmen and what they see as their needs. It will give you ideas about how to approach them, maybe set up bundles of services differently that helps them with what you needs, while you get a reasonable fee for.

Plus, you’ll have a good idea how to approach them later to sell them on your services.

"John, the things you told me about sounded exactly right, so I set this up. I’d like to show it to you, can I?"

Would you ever consider being a homesteader when you grow up?

admin — Wed, 02 Jun 2010 06:24:21 +0000

Just wondering. If you don’t know what a homesteader is, it’s basically living as self-sufficient as possible. For example:

Grow/Raise your own food like veggies and meat (or if you’re a vegetarian just veggies) enough for the whole year

make your own butter / milk / collect eggs

Run your own business from home

homeschool your kids

don’t have many modern things like cell phones and TV and video games

Would you ever consider living like that?

sure. I would love to be able to educate my chilrdren and limit the evil technology.

How important are IT technologies to develop your business?

admin — Wed, 02 Jun 2010 06:24:20 +0000

every business need IT technologies to grow up? yes,no why?

thank you

today technology is used for networking to bring buyers in from all over the world. That is anything from cellphones to the internet (like websites, emails, discount sales websites, auctions, etc.)

Is moving up on the corporate ladder a bigger accomplisment than starting your own business?

admin — Thu, 27 May 2010 22:43:03 +0000

After I graduated as an accountant, I started working for a big company, but was making very little money, and I never got promoted. I began doing freelance accounting work and realized I didn’t need that low paying job.
I’m 26 now, and I got my own accouting office, and I’m an employer of 3 people.
I’m making more money than most people I went to college with.
But somehow, some people make comments about me starting my own business being a pathetic because I couldn’t do any better.
Some people say setting up my own office at some place I rent is not as big accomplishment as being given an office by some company.

I’m making more money than most people working for companies. I don’t have boss to put up with, I don’t follow anyone’s orders unlike most of my old classmates.

My business is growing, but some people tells me I don’t have a career for not working in a company. Some people have called me unemployed.

Why is having your own business viewed so negatively?

Most people will sell their body mind spirit and time for a job and supposed "security" that comes with it.
ur lucky to start a biz b4 being forced to do
so like so many will be as years go by.
most people ‘wish’ to be self sufficient
but can’t handle the highs/lows of being owner.
you have the ability to increase ur earnings , lower ur taxes, secure ur future , retire with dignity . they will not.

What kind of taxes should you expect to pay for the sale of a portion of your business?

admin — Wed, 26 May 2010 17:42:37 +0000

This was an existing business which you came in and were given a share to help it grow. You received no pay while growing the business.

You can expect to pay taxes on the profit from the sale of the business. In your case, the shares were given to you, so whatever you receive will be profit. If this is only a few hundred dollars, pay the taxes on it, and move on. If it’s a significant sum, be sure to get professional help. There may be legal ways for you to avoid taxes on at least a portion of the profit. I suggest a good CPA and more particularly, one who is familiar with the type of business which was sold. In most cases, your having received no salary will have no bearing on the taxes due from the proceeds of the sale. But again, be sure to obtain professional help. I have a small amount of knowledge, but I’m not a tax expert.

how you make a promotion to grow your business?

admin — Thu, 08 Apr 2010 21:32:41 +0000

dont know how

I would start with giving away promotional products – it works great when you are trying to establish your business or increase brand awareness. Not only it works well, but also relatively inexpensive comparing to other marketing options out there. Buy some custom-imprinted pens in bulk, that’s your start right there. Here is a good company for that http://www.amsterdamprinting.com/Category/Pens-Pencils/3/Default.aspx

Protect and Grow Your Business – DVD Presentation

admin — Tue, 09 Mar 2010 07:56:18 +0000

This 3-part DVD explains the Business Plans and ToolBox to your prospects. Included is Fran Tarkenton providing an overview of the benefits and a great explanation of the Business Plan and (new) ToolBox features & benefits. Use this as a presentation piece with prospects (before you go through

How do I get a list of ‘potential customers’ to send e-mails to inviting them to vist my webpage?

admin — Sat, 27 Feb 2010 13:16:50 +0000

I am new to this but every thing I read says "grow your business thru e-mail letters" I don’t get very many visitors to my webpage odetoaquilt.com according to tract record with Google and I need customers??? Do I buy a list?? Is there a company out there that would help me with this? OR???

it’s tricky today with all the spam going around. I’ve done stuff on Ebay and have had alot of success. From there link your site and people will start to see it’s legit.

Sorry, I don’t have anymore info to help, but it’s a start. Good Luck