I Just Want A Rock And Roll All Night And Set Up A New Business Opportunity Everyday
Things are not always as they appear
“Be a voracious reader. When I first came to America, I was blown away and blessed the day the founding fathers gave us free libraries. It was the first time since the Gutenberg Bible that all information became available to all levels of society. Everyone has the same access to information, which is access to power.”
Which successful entrepreneur said that quote to Business Week?
Anyone…?
I will give you a clue: he is always looking for a new business opportunity, has a television show, and was once the manager of Liza Minelli. Ok, that might have thrown you off even more.
The answer is Gene Simmons.
Not exactly someone you would think as a literary giant or a bookworm, but nevertheless he is worth millions with his hands in numerous business pots because of education.
When looking for new business opportunities you have to fill the well or you will never maximize your potential. I remember a congressman telling me that becoming a talented person comes from what you do when you are home alone with your free time. Are you educating yourself or de-educating yourself? It is your choice.
Businesses are built up on the foundation of knowledge. Look at your failures and why they have happened. What can you narrow it down to? If you could choose one word to described what stopped you from achieving your precious dreams what would it be?
My feelings are that this word is knowledge.
I have a friend who is a talented network marketer and has made several millions and I look for chances to be around him to see if any of his intelligence rubs off on me. I once asked him how he overcomes objections for people that have failed before at an MLM.
He responded, “The only way to overcome that is to help them see that they needed knowledge in order to be successful. Either they weren’t provided with that or they didn’t take advantage of that. Whatever happened you have to help them see for themselves that this time will be different.”
His point was so valid. I had lost thousands in an MLM and I had no clue how I got to the point of poverty. I spent countless days trying to figure out what went wrong or how could I change my approach to prospective distributors. I felt paralyzed. Why? I didn’t have the knowledge.
He demonstrated how to approach people, how to solve concerns, and how to inspire people to the point that they were pleading to join. It was all so simple. I assumed he was born with this gift.
He responded, “No it took many years and plenty of studying in order for me to figure this out on my own just like every other talented entrepreneur. Most of it due to hours in the library, asking questions to successful network marketers and reading purchased books.”
We don’t realize how much knowledge and power exists between book covers and how it can literally free us from the chains of ignorance.
Take a guess on the voice behind this quote:
“There is no such thing as enough. Only small minds put barricades in front of themselves. If you perceive death, it is only a matter of time until you are dead. The guys with the most amount of money don’t get caught up in the trappings—it’s the lottery winners that buy all the stuff. Money, ironically enough, is beside the point. It’s the hunt, not the kill.”
I tricked you. Again…Gene Simmons. A lot different than face paint and long tongues, huh?
How often do you read and thirst after knowledge? And then do you take this knowledge and apply it to your business? Have you noticed there are so many small businesses within one business for each of us to tackle?
With each of these businesses they have their own owner. Sometimes we call them managers, employees, or contractors. It might be the marketing business, the human resources business, the legal business, or the customer service business to name a few.
Even when these small subset businesses are delegated to others, as the business owner you have to make sure they are at least ran properly. Really you have the capacity to start a new business opportunity every day or to at least expand on it. You get to decide how that is done.
Improvement comes with new ideas. How are new ideas nurtured?
- Mentors or Advisers
- Competition
- Employees
- Literature
Those are probably the most common aspects, but they can be broken down into so much more with each being well used even simultaneously. Your goal and challenge is to see how you can at least use one of these daily and mark it down in whatever tracking system you use. It doesn’t matter if we are discussing franchises, small businesses, network marketing, or internet home business opportunities. Spend at least half of your day learning and the other half implementing.
You owe it to your business to be a never ending source of knowledge. If not, then just like a child, how is she to grow? I never thought I would say this, but take some advice from Gene Simmons and get on the knowledge bandwagon.
This is as much your blog as it is mine and now the blog is yours.
Let me ask you what is your single most important question about a new business opportunity?
What brought you to Write To Right?
What would you want to see more of on this site about new business opportunities that would excite you, but you can’t find?
This is your chance to make this site better one comment at a time. Feel comfortable to express your inner feelings and don’t hold anything back!
If you liked this article, then learn how to take it to the next level by matching physical health with business success at Know My Body. If you would like to get an internet business started from home today for cheap then join the The Keyword Academy.
Filed Under General Money Making Business Opportunities, Starting A Business | 3 Comments
Getting Started On eBay For Internet Home Business Opportunities
Is eBay the answer to a home based business?
Chances are you know someone that makes a living off of eBay or similar services online. You might have read of success stories online or on television about people using sites like eBay as a way to build a large income with internet home business opportunities.
For instance, Diane Bingham, after returning from rehab in 1998, decided that she needed to make some changes in her life and an online business was a great way to start. She came across eBay and was hooked.
Today she makes over 2 million dollars in business annually. If you have any interest in antique furniture you may have heard of her store. From Global To You, is the largest antique furniture dealers on eBay. She has grown her business organically and credits her success to eBay customer service as a huge asset toward her business.
Perhaps you have heard of other success stories that entrepreneurs have had on eBay and you would like to know how they did it. So how do you get going? Is eBay on the way down because it is over saturated with too many marketers? Well it is barely scratched and will continue to evolve as business becomes more and more common online.
eBay has done an amazing job of providing a path for inexperienced John and Jane Doe’s to create a substantial income with hard work. They have been able to do this through a very popular online marketplace. Whether you have experience or not there is a lot of customer service support provided by eBay thanks to their sensitivity toward customers with discussion boards and events like eBay Live where vendors are invited to come participate and interact to improve the community.
Whether you are beginning a business opportunity or polishing up on an existing business by looking for more marketing routes eBay can be very beneficial. Start looking at a lot of there different eBay stores or web sites as examples of what other people are working on because it may inspire you to go in a direction that you would not have thought of.
Many of the sites take advantage of the customer service and also all of the different subscription tools that eBay has to offer. See what people are saying as far as tips on the discussion board, company news announcements, study the help pages, listings and take the online-guided tours to get a solid understanding of how the community ticks.
The eBay learning center is a great piece of real estate to get your creative juices running. There are several free audio online courses and audio tours that they offer that will give you a great start. What makes it even better is that you can get a degree of sorts with eBay University.
You can get that University of Phoenix feel with their university established for eBay marketing with sessions held across the country around 30 weekends out of the a year.
The eBay University is a substantial site with a lot of information. You don’t have to worry about getting lost because it is well organized and easy to navigate around. This is a great way for you to get a good mental idea of the process and how this works.
What is nice you don’t even have to be a registered member of eBay to browse around this site. This is a great marketing piece for them as well to help people understand more of who they are and what they will provide to help you with your prospective business opportunity.
Now what is nice is that registration is free unlike a franchise business opportunity and eBay makes there money off of merchant transaction fees (which they make a killing on).
Create a memorable handle to be known by and it will be the beginning of a new life for you. So get started today and discuss with us some of your experiences with eBay and potential business opportunities that others would be interested in.
This is as much your blog as it is mine and now the blog is yours.
Let me ask you what is your single most important question about internet home business opportunities?
What brought you to Write To Right?
What would you want to see more of on this site about internet home business opportunities that would excite you, but you can’t find?
This is your chance to make this site better one comment at a time. Feel comfortable to express your inner feelings and don’t hold anything back!
If you liked this article, then learn how to take it to the next level by matching physical health with business success at Know My Body. If you would like to get an internet business started from home today for cheap then join the The Keyword Academy.
Filed Under Home Based Business Opportunities, Online and Internet Business Opportunities, Starting A Business | 6 Comments
How Do I Find And Choose A Good Franchise Business Opportunity
What does it take to strike at gold with a franchise?
Fred Deluca, a 17 year old boy from Brooklyn was looking for a business to start. While trying to earn money for college to become a medical doctor, he stumbled into a business opportunity. With just a $1,000 loan from a friend, Dr. Peter Buck, in 1965 he patched together his first sandwich shop in Bridgeport, Connecticut that would become a franchise business opportunity.
The very first day DeLuca opened his doors, he had spent the better part of it out behind the building doing the tedious work of cutting vegetables with a three dollar knife on an old sheet of plywood. “There’s nothing in that store that would pass muster today,” he mentioned looking back fondly on his beginnings.
From that one store called Pete’s Super Submarines, Deluca eventually changed the business’ name to Subway Restaurants.
Sound familiar?
Over forty years later Deluca has transitioned this small store into a colossal company with nearly 28,000 franchises in 86 countries including former socialist and communist countries like Russia. Subway produces over $9 billion in annual sales.
The way that a franchise works is that a franchiser like Deluca gives permission for the proven methods and trademarks of their businesses to franchisees for a fee in return and also a percentage of the monthly sales. Franchising is a business model used in more than 70 industries like TCBY, McDonalds, Mrs. Fields, ReMax and Starbucks. The contractual agreements will usually last between five to twenty years, with any premature terminations of contracts leading to serious consequences for the franchisee
There are many franchise business opportunities that you can look at out there and it can become overwhelming to figure out. The two factors that can help you in determining what support will you receive and direction the business is going into.
Deluca and his ownership are very motivated and have exceeded their own expectations because of how focused they are on their lofty goals and laid out plans. He said, “I say to [new development agents], ‘Ok, you must become the biggest fast-food chain in your country,”
Subway is able to duplicate their process because they make it so easy that even people with little business experience and new to the United States can operate and manage the store well. They provide thorough corporate help with training and marketing assistance to help new franchisees and gives them a foundation for success that they would make it hard not to succeed.
Businesses for which franchises work well like Subway have these characteristics that you should keep your eyes open to:
- a good track record of profitability
- built around a unique concept
- have broad geographic appeal
- relatively easy to operate
- inexpensive to operate
- easy to duplicate
Other determining factors you should figure out include competition and the demand for the product in the market. It is important to find out the reputation of the company and if it is an established business.
Subway is so well branded thanks to the Jared commercials and also critically acclaimed by peers. Subway won an unprecedented 15 times in 20 years as the number one franchise opportunity for Entrepreneur magazine.
“Our job in the next five years is to build an international infrastructure,” says DeLuca. “And that’s done one store, one person at a time.”
Deluca understands the significance of the customer and listening to what they want instead of trying to tell them or guess what they desire. This is important for any franchise business that you make sure they are providing value.
Subway does a great job of empowering franchisees by letting them have a level of power to their business and trusting that they would get a better idea of their customer’s pulse instead of corporate heads. For instance, two slots are kept open on each store’s menu board for individual franchisee creations.
The brilliance of this is that Subway can now go to nontraditional locations as they have done with over 6,000 Subway Restaurants. You will find them in random places such as Wal-Mart stores, medical facilities, convenience stores, high schools, and universities.
One of the biggest hurdles of a franchise business is the capital investment you will need. Often with franchises that are more secure , financial institutions will be more willing to offer you financial support when you are working under the blanket of a proven brand.
For Subway they have pretty cheap initial franchising expenses that will change based on a store’s market location and how big it is. Usually it will range from around $94,000 to $223,000 which is a lot lower than their competition.
Deluca wanted to make it affordable for immigrants and give lower income families an opportunity that they would not have other wise. That is why franchisees also get corporate financing and benefit from Subway’s food relationships and other necessary supplies.
I would suggest that you get an accountant to study the financial needs of the business that you are interested in. Make sure that they provide you with a disclosure statement because this will discuss your financial obligations you will have for the business.
If you are having trouble it might be worth your time to get a broker if you are interested in a specific franchise, but it is too expensive for you leveraging capabilities. The broker is obviously going to charge a fee for his services, but you should do it because of the money you will save down the road. Just make sure that you have checked the broker’s credentials and credibility before making a decision.
If you are methodical about this process then you are going to do well and make sure that you have support from financial and legal services if necessary for your small business opportunity. It then will come down to making sure that you have a strong brand with solid direction like Subway. With the right support you can have a lot of success and maybe people will be writing blog posts about you some day.
This is as much your blog as it is mine and now the blog is yours.
Let me ask you what is your single most important question about a franchise business opportunity?
What brought you to Write To Right?
What would you want to see more of on this site about franchise business opportunities that would excite you, but you can’t find?
This is your chance to make this site better one comment at a time. Feel comfortable to express your inner feelings and don’t hold anything back!
If you liked this article, then learn how to take it to the next level by matching physical health with business success at Know My Body. If you would like to get an internet business started from home today for cheap then join the The Keyword Academy.
Filed Under Franchise Business Opportunities, Starting A Business | 5 Comments
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