ARTICLES/ARTICLES/ARTICLES These articles are all written by well qualified authors of internet marketing, website design, motivation, etc. Each edition of this article page will contain articles by different authors to give YOU a diversified, unique, and well-rounded netpreneur education.
A Recipe For Genuine Happiness by June Hardy
Life isn’t always sweet. Sometimes, when I feel like the world is just too
heavy, I look around and find people who continued to live fascinating
and successful lives. How did their life become so wonderful? How come
they still can manage to laugh and play despite a stressful life?
So, how does one become genuinely happy? First you have to love
yourself. To love yourself means to accept that you are not a perfect
being, but you must be able to find the courage to learn from your
mistakes.
Genuine happiness also equates to contentment. When
you are happy with the job you have, the way you look, your family, your
friends, the place you live in, your car, and all the things you now
have – truly, you know the answer to the question "how to be genuinely
happy."
Life is finding out about right and wrong, trying and
failing, wining and losing. These are things that happen as often as you
inhale and exhale. Failure is a constant in everyone's life but this
should not hinder us from becoming happy.
Every time you put
any effort in improving your life - or someone else's life, you earn
extra "joy points", whether it helping a friend, cleaning up your room,
taking care of your sick dog, or just making sure that you stay in a
positive mode.
Imagine life as a big score board. Every time
you take a step forward, you make scoring points. Wouldn’t it be nice to
look at that board at the end of each game and think to yourself "Wow! I
got a point today. I’m glad I gave it a shot.", instead of looking at
the blank board and think "Gosh, I didn’t even score today. I wish I had
the guts to try".
Genuine happiness isn’t about driving the
best car, nor getting the employee of the year award, or beating the
sales quota. Sometimes, the most sought after prizes in life don't
always go to the fastest, the strongest, the bravest or not even the
best. So, how do you become genuinely happy? Every one has his own
definition of ‘happiness’. Happiness for a writer may mean publishing as
many best selling books as possible. Happiness for a baseball player
may mean getting a home run. Happiness for a beggar may mean enough
money for a meal. Happiness for a business man may mean monetary
success.
So, really now, how do we become genuinely happy?
Simple. You don’t have to have the best things in this world. Its about
doing and making the best out of every single thing. When you find
yourself smiling at your own mistake and telling yourself "Oh, I’ll do
better next time", you carry with you the knowledge that you have the
willpower and perseverance to make things happen. You possess a
willingness to stand up again and try and that will make you a genuinely
happy person.
When you learn to accept yourself and your own
faults, you know that you have the capability to keep improving and
being happy. When you know how to accept others, you will also be
accepted. When you know how to spread love, you will receive love
tenfolds back.
Your Boss holds your future prospects in his/her hands. Expect very few favors from a Boss who does not like you. Some Bosses are hard to please and get along with. Some have excellent qualifications but no idea when it comes to dealing with people. Of course, not all bosses are like that.
Bad relationships with the Boss cannot only mean missed advancement opportunities; it is one of the major reasons for high staff turnover. If you resign because of the Boss, you may also expect a dent in your professional reputation. Imagine having to provide such an 'ex' Boss as the contact referral person at your next interview?
The relationship you have with your boss can be a major factor in determining your rise up the ladder. Your Boss isn't only your supervisor, he/she is also the person best equipped (or should be) to help you do the job you are paid to do. He/she is privy to the company's goals and knows what the company is looking for in future executives. He/she can inform you of company direction that may affect your future aspirations. He/she can put in a good word for you in the right ears. He/she is also your ally when you need back up, support or cooperation from other departments.
Your Boss also needs you, performing at your best, in order to accomplish his/her objectives. He/she needs your feedback in order to provide realistic and useful reports to upper management. You can make your boss look good or bad.
But how does this help you establish a meaningful working relationship with your Boss?
The key is communication. Learn and understand his/her goals and priorities. What is required of him/her and how can you help him/her achieve that? Observe and understand your Boss' work style. If he/she has not been clear with his expectations, ask! Likewise, ask for feedback and accept criticism gracefully. And if he/she understands you do not view your job as just something to fill the hours between 9 and 5, he/she may be more inclined to help you.
Know your Boss' priorities and try to anticipate his/her needs before he/she asks. Don't think narrowly in terms of your own immediate position... try to understand where what you do ties in with the bigger picture.
What other things can you discover about your Boss? Is he/she conservative or informal? Does he/she prefer to be greeted as Mr, Ms, Miss or Mrs, or prefers first names? Is his/hers an "open door" policy or does he/she prefer you set appointments with them? Respect your boss' time. Never barge into their office expecting or demanding a hearing immediately. Does he/she prefer to be kept informed with progress reports, or prefer you show initiative and get on with the job? Discover and eliminate behaviors that would annoy your boss, and never bad-mouth him/her to others. It always gets back via office grapevines.
Your boss is only human. Like you, he/she has off days, and being human, can also make mistakes. Some managers are naturals, and others struggle because communication and people skills are not their strong points. They may not have all the answers, and maybe, their own boss is hard to get along with or has unrealistic expectations!
Don't be a "yes man" and don't offer false flattery in the hope of getting somewhere... it won't work! And don't aim for "closeness" in the working relationship because this can also backfire. If your boss depends upon you too much, he/she won't recommend you for promotions because you are needed too much where you are. Another possibility is, if he/she is not a good manager, he/she may be given their marching orders... if you are seen to be a part of his/her management mishaps, you may be marching out the door with him/her!
Do what you can to stay in his/her good books. Don't take "sickies" unless you ARE sick! Be an effective, cooperative, responsible and courteous employee and team player.
It is possible that you are already these things, and you are working for somebody whose management style disagrees with your needs or expectations. Maybe friction cannot be avoided. So you need to decide just how important your career path in that particular company is, because if you can't adjust and work with it, you may be better off looking for a new job in a new department or company.
In short, getting along with your Boss entails getting to know his/her likes and dislikes and learning to work with his/her personality and management style. And the upside about mastering communication and people skills with your own boss is that one day, those skills will pay off in your own management role with your own team.
Written by Terri Levine, MCC, PCC, MS, CCC-SLP, the CEO of Coaching Instruction.com, popular Master Certified personal and business Coach, sought after Public Speaker, and Author of bestsellers, "Stop Managing, Start Coaching", "Work Yourself Happy", "Coaching for an Extraordinary Life" and "Create Your Ideal Body". She can be contacted via the web site http://www.TerriLevine.com or by telephone: 215-699-4949.
Generate Traffic and Sales to ANY Website
With the immense significance that the Internet is gaining with each passing day and with the major population of people participating in this global onslaught, it is becoming even more necessary for any one, looking for prospects to market their products and services, to create an online presence. However, having the best products and the best services and an eye-catching website is not enough to attract attention. You need to be visible to the others if you want to be acknowledged by them. Search engine optimization, followed by effective submission of the same, is the way to go about it and reclaim your authority over the other contenders.
Obtaining an affiliate website is one thing, generating a consistent stream of traffic to your affiliate website another. This is where the most effective search engine submission services, like SpinSuccess, come into being, offering you their valuable services in generating unswerving traffic to help your business do better. With their untiring services, it will not be surprising if you tire counting all those bills that you make from your home. They excel in the industry of Internet marketing and as they like to put it, they “breathe, eat, and sleep search engine marketing”.
True, that more than 90% of all Internet users from around the globe find what they are looking for through the most popular search engines. And the ease with which they can access you is dependent on your indexing and the subsequent ranking in these search engines. More traffic means more sales and more sales means more profit! SpinSuccess applies this golden truth to their services and makes effort toward guaranteeing you among the top ten rankers in the search results so that it is a lot easier for your prospects to hunt you down.
SpinSuccess submits your affiliate website to the leading search engines such as Yahoo!, MSN and Google. Additionally, your site will be submitted to more than 100,000 other search engines, the submission to which will automatically generate millions upon millions of serious visitors to your website, without you having to spend any sleepless nights thinking over it. This way, your income as an affiliate website owner can very well surpass your otherwise fulltime job salary. Offered most humbly at only $29.95 for a limited period, the SpinSuccess package delivers you with services that are worth more than $700 (as par the industry standards).
Their infallible market analysis and research lets you know what will work the best in attracting you prospects to your website along with a complete reviewing of your website. Their services feature hand submission to the major websites named above and others. Guaranteeing your position in the top ten rankers of the search result page, SpinSuccess is known for over-delivering its customers in satisfaction and approval. Additionally, you get $200 worth pay-per-click funds also with assurance of replenishing it at times it is running low. Modifications at no additional expense ensure that your website maintains and improves the position all the way. With thousands of satisfied customers, it is now your turn to grab your share of pie!
There is a concept called "the law of attraction" and it works once you know how to use it effectively. The law of attraction includes the act of appreciating everything that you already have in your life. It is made up of positive thinking combined with gratitude. The law of attraction has been known to be related to receiving abundance in every area of a person's life. Several people have used this concept and continue to use it in everyday thinking. It becomes a part of who you are and it is very effective and easy to do. By transforming the way you see the world, you can change your destiny. Positive attracts positive, and negative attracts negative. You have to become what you want to be.
This kind of thinking is often called "the attitude of gratitude". It includes thinking positively about everything in your life that is already there. For instance, it means being grateful and thereby receiving more into your life. You have to be positive to receive positive. Have you ever met a very negative person? I am sure that you have. What is that person's reality like? He or she is probably miserable because they are constantly attracting other negative things into their lives. A person can drive their deserved fortunes away by adopting a negative attitude.
The law of attraction requires that you believe that you already possess what you want in life. For example, say that your desire is to be making 5,000 dollars a month. You will need to say "I am so grateful that I make 5,000 dollars a month". This may sound a bit insane, but it is not. This way of thinking will attract this type of abundance your way so that it may become your reality. Once it happens, you will be able to break down the areas of negative thinking. Once you start gaining abundance, love, and positivity, the negative aspects will automatically cancel themselves out. In no time at all, you will have the life that you have always wanted and deserved.
Things that are due to you will start to pour in once you have attained a pure level of gratitude. In most instances, you will become a humble person and most likely will never forget the time that you were in need. This will make you even more grateful for the things that you have and as well as always appreciate the smaller things in life. Having faith that goodness is going to come your way is probably the most important besides being grateful for what you already have. Faith is a wonderful thing, and it helps us to feel that without a shadow of a doubt, that everything is going to be okay. You have got to have faith.
With all of this positive thinking, you are bound to have a much better lifestyle than what you are experiencing right now (especially if you are a negative thinker). Remember to cancel out the negative aspects of your life by simply replacing them with something more colorful, happy, and cheerful.
Most of all, you have to appreciate and recognize what is already abundant in your life right now. By realizing your current state of abundance, everything will start to increase. It is possible to have a wonderful life, free of negativity and full of peace and happiness.
About the author: Inn Hui Lim is a Law of Attraction enthusiast and owner of: http://MyLawOfAttractionSecrets.com. My Law of Attraction Secrets helps people to harness the power of their minds to create the life they want. You can instantly download a free e-book on how the Law of Attraction can change your life by visiting: http://MyLawOfAttractionSecrets.com
Forum Marketing In Gaining More Downlines Author: Jaz Lai
There are many forums on the internet with new ones being set up everyday. Popular forums are automatically getting high traffic everyday. This is because people visit the forums everyday. If you want to get more downlines, then you must learn the skills in forum marketing to drive traffic to your MLM site.
It is best to target business opportunity forums if you want to generate more quality traffic to your MLM site. These forums are all free registration. The first thing is to register as a member at the forums such as:
A few rules for your observation as there are forum etiquettes you must follow:
- When you are replying to the forum thread, make sure you are leaving useful information. If your information can help other people, you will be able to climb higher in the ranking as you are known as an expert in your field. Your readers are likely to click on the link you provided in your comment thus more traffic to your site.
- Signature is very important when it comes to leaving comments in forum. This is because it you can write a good signature, you will be able to drive even more traffic to your site. Just make sure your signature is catchy and attractive enough to influence people to click on your link.
- Because there are so many types of people in the forums, there are people who are agreeing and disagreeing about certain topics or discussions. The rule for success is either you fully agree with the statement or disagree. When you have created a controversial comment, people are likely to notice you and increase your chance of getting more traffic. People would want to know more about you but you must be wise enough not to over reacted with the discussion and affect your commenting.
- Do not leave spam comments such as “Yes, I agree” or “great thread”. These are the turn-off for most people. You must leave beneficial comments if you want to get noticed by other people and gain more respect.
- Sometimes you feel stuck in the forum after spending hours reading and replying to the thread. You must be clear with your goal and stick to the plan.
- Look out for questions about the same issue over and over again. This indicates that the people who ask the question is very desperate in looking for the answer and if you can fulfill whatever the person need to know, you are well respected and you get a good impression.
About the author: Jaz Lai is a network marketing lead generation expert. Download your free video on how to use the internet to Double or Triple your organization within the next 30 days. Available for the next 24 hours only, click below for instant access: http://www.HowToNetworkMarketing.com
Web Blogs Defined, Explained, and Understood by Sharon Housley
Having heard the term previously but not having paid much attention most are just to afraid to show their ignorance and ask the question, what is a blog? Lets face it; the term blog does not conjure pleasant images.
Blogs are web logs that are updated regularly, usually on a daily basis. They contain information related to a specific topic. In some cases blogs are used as daily diaries about people's personal lives, political views, or even as social commentaries. The truth of the matter is that blogs can be shaped into whatever you, the author, want them to be.
Where Did Blogs Come From?: The roots of blogging can be traced back to the mid 1990's. Who the very first blogger actually was is unclear, as the art of blogging did not really take hold until 1999. The original "weblogs" were link-driven sites with personal commentaries. The very first blogs were human guided Internet web tours. While initially thought of as diaries or online journals, blogs have evolved into the latest fresh web content.
The Future of Blogs: A buzz word in techie circles, "blogging" is the wave of the future. Whether its a fad, or proves to be a new way to communicate with existing and potential customers it deserves at the very least a cursory look.
Why is Blogging Helpful to Businesses or Individuals?: Just as animated .gifs were once cool, blogging is the trendy thing to do. That does not mean that it is not beneficial to businesses. Webmasters struggling to keep fresh, attractive content on their websites to lure visitors back, have found blogs the answer. Content is a necessity for online businesses, both for purposes of being found by search engines but also because it gives visitors a reason to come back.
Now that we have established that blogs are not only trendy but also beneficial to businesses, its important to understand how they can be used to your advantage. We currently manage and update two blogs on a daily basis. The first is our new business blog at:
This professional business blog allows us the opportunity to tell potential, or existing customers industry news, updates, or generally how mobile or paging software can be used in specific situations to alleviate problems. The bottom line is we control the content. Its updated daily, which increases the chances that search engines will spider on a regular basis and it helps with page rank because it's been submitted to all the blogging directories. Initially started on a whim we've found it beneficial to report tips, tricks or make visitors aware of new regulations related to the mobile or paging industry. The second blog we manage is at:
This blog is less formal and contains marketing tips, or promotional advice for software developers or online marketers. We found that we had overflow from our monthly newsletter. Generating a daily blog would require very little effort and would assist us in creating fresh content which our readers told us was of significant interest.
Blogs & Your Business: The bottom line is you need to determine how a blog will benefit your business, determine a schedule and adhere to it. Let your readers know what to expect and when to expect it. Blogs provide great supplemental content and direct attention to areas of your business that you want to showcase; you direct the content but let your readers guide you.
Creating a Blog: There are numerous online tools that can be used to create a blog. We found that because of security concerns, it would just be best to use a standard html program. In our case we used Dreamweaver and create daily posts. Its really not much more complicated than typing an email. The content is then sent via FTP to a web server. If you want to test the waters there are online web-based tool that helps you publish to the web instantly. The most popular web based tool is likely Blogger at http://www.blogger.com.
Other Advantages to Blogs: While you may initially create a blog for your existing customers, you may find that you can attract new customers by illustrating your expertise in a specific field. There are numerous websites that act as "blog search engines", be sure to submit your sites to these websites to increase your exposure. This will also help with your page rank and possibly increase the likelihood you will receive decent ranking with Google. You can also create an RSS feed in order to syndicate blog content and gain additional exposure.
New Friends Online? Check Them Out Before Getting Too Close
The Internet has become one of the latest places to meet people. Whether you are looking for a casual friend or a romantic interlude, it can all be found on the worldwide web. Places like Facebook and Myspace give you a forum to express yourself to others, and the number of matchmaker sites these days is overwhelming.
If you have ever spent any time meeting and greeting on the web, you know that most people are not exactly what they make themselves out to be. Some of them have gone so far as to create an entire alternate identity.
Despite the dangers, the rewards of meeting online can be great. You have the opportunity to get to know others from all over the world. You make new and interesting friends from places you may never have visited. It provides an excellent opportunity for us to share our cultures and open our minds to new possibilities.
Who is really behind that screen name?
When you make new friends online, how do you know if they are trustworthy? Can you really afford to get close to them, or are Internet friendships best kept very casual?
As with any new relationship, go slowly and proceed with caution. Keep the topics of conversation neutral and safe – never discuss anything personal with someone you do not know. Be instantly suspicious if your new friend begins questioning you about your finances.
If you have been conversing with someone for a while and feel a connection, you may decide you want to take the friendship a step further. You may begin to share more personal details of your life, or you may begin making plans to meet each other in person.
Take smart measures to protect yourself.
Before taking this step towards increased intimacy, be sure to reasonably protect yourself. First of all, try to validate your new friend’s identity and ensure they really are who they say they are. Search records from the Department of Motor Vehicles in your friend’s area and see if you can locate a license or identification card that matches the name, date of birth, physical description, and address of your new friend. If you cannot find a matching motor vehicle record, try voter registration records.
One of the best ways to protect yourself is to conduct an online background check of your friend. Any court documents from judgments, divorces, or lawsuits should contain some sort of identifying information you can verify. Criminal history checks will normally provide you with a date of birth and physical description, including any major scars or tattoos.
There are also specialized background check companies, such as Net Detective, who for a small fee, give you the ability to search all of the above records and more. You must do a little sleuth work of your own, though, and find out some important key identifiers from your new friend so you will know when you have found him or her.
Meeting on the Internet can be exciting. You must just ensure you go about it prudently, and protect yourself until you have solid facts reinforcing your ability to put your trust into your new friend.
How To Be A Successful eBay Seller by Jay Juno
If you want to be an eBay Seller and you have never bought anything on eBay, then before you launch off and sign up for that eBay Seller's Account, stop and read this article It is true, selling on eBay is an exceptionally lucrative business model for those who have the get up and go and motivation to succeed.
However, before you start selling on eBay, I highly recommend that you start by buying on eBay. If you understand how the site works as a buyer, you will quickly get a feel for the place as a seller. Learning through actually doing, has always been more successful than reading. Better still, by starting off as a buyer, you will get your feedback score moving, hopefully in the right direction. Having some feedback from your trading partners, before you set up as a seller, is an extremely good bonuses. Buyers want to know that the seller they are buying from is trustworthy, reliable and has some feedback.
Once you have a few buying experiences under your belt and you have your stock lined up, make sure that you accurately cost how much it will cost you to sell an item. That means every cost, both Seller's fees and PayPal fees. What a lot of new sellers forget is to cost in their offline fees: taxes, insurance, postage and most of all a percentage for your profit. You should also factor in the costs of returns, damaged and faulty items.
When it comes to writing the actual listing, you should consider as important as a bricks and mortar shopkeeper laying out his shop to sell his stock to the buying public. You want to entice someone to click on your listing and then you want them to buy.
Write a title that will get your item noticed. Too many inexperienced sellers list items with titles like: "L@@K" Writing a title like that is a complete waste of the character space that eBay gives you in order to write your title. The space is limited, don't waste it. You should be putting keywords in your title i.e. if you are selling a "Prada bag", then make sure you get "Prada bag" in your title so that anyone searching for "Prada bag" will have your listing come up. To save on character usage within the title bar, use the recognised abbreviations i.e. "BNIB" Brand New In Bag/Box; "NR" No Reserve; "BN" Brand New - if you are stuck and you have no idea what something means, go to the eBay forums and ask.
Your description should be contain information that will help anyone viewing your listing to decide whether your item is for them. First and foremost, it must be accurate and honest, anything else and your career as an eBay seller will not last long because your feedback score will quickly put other potential buyers off.
Study the listings of successful sellers who are selling in your area. You will soon see find them and as in any business, it pays to study just what your competitors are doing and how they are doing. Your job is to beat them and go on beating them.
SOME THINGS TO INCLUDE IN YOUR LISTING:
1) What you are selling
2) The dimensions or the size of your item
3) The condition of your item BN or USED? If it has any damage, say so
4) The material it is made of
5) Any special history?
You should also include some really clear pictures of your item. The more pictures you can include the better. However, only the first picture in your listing is free, eBay will charge you for any more pictures and will also charge you for a gallery picture. If you have your own hosting, then you can host your pictures off the eBay site and then upload them to your listing.
Mention how long it will take you to ship the item once you receive cleared payment. Avoid making promises that you cannot keep. If you ship twice a week, give the days that you ship. If you say that you will ship the same day you receive cleared payment, then do so. Your buyer will reward you with good feedback if you can ship quickly!
You should have already worked out your shipping costs. You can find shipping information online very easily, simply weigh the item, with packaging, and work out the cost. Your shipping costs should also include some costs for packaging materials. Bear in mind, if you put down the wrong postage and packaging fee, you cannot change that figure once the item is sold.
About the Author: I was an eBay Powerseller for years, for more information to avoid the sharks that prey on eBay sellers visit http://buywholesaledesignerclothes.com/
Why Everyone Needs a Home Business By Sandy Botkin
This may be a decade of tremendous corporate profits and economic growth, but for the vast majority of North Americans, the `90s were a dismal, uphill climb. And many economists believe that this next, new millennium won't be getting better any time soon. Why?
Changing business and government attitudes are the reason. There has seemingly been more anti-business legislation in the last decade than in any other this century. Stronger employment and labor laws, the Age Discrimination in Employment Act, safety laws, much tougher laws for discharging workers, more liabilities for lawsuits, Disabilities Act (which is creating immense numbers of lawsuits), along with higher minimum wages and fringe benefits.
Just reading this list is exhausting.
While these acts have beneficial and protective aspects, they have also encouraged businesses to move their facilities. That "sucking sound" popularized by Ross Perot is not just down to Mexico, but elsewhere as well. The result has been a dramatic loss of heavy industry in Canada and the US.
The young and the middle-aged alike are realizing that their dream of "having a job with a company forever" is an illusion. Companies have been downsizing, rightsizing and capsizing for some time now, and they continue to do so--more now than ever before. Even the federal and provincialgovernments are getting into the act with layoffs and attrition of jobs.
In addition to all this uncertainty and mutual lack of loyalty between companies and employees, even the workers who do keep their jobs have no guarantee of promotions due to the shrinking number of management positions. These circumstances aggravate the already tryingly long commutes in rush hour traffic and increasingly typical frustrated boss--spelled backwards, that double S-O-B. Finally, if all this isn't bad enough, under recent tax laws employees are shafted more than ever with limits and thresholds for their employee deductions and higher social security tax limits. This results in more couples working than ever before and, on many occasions, working at more than one job. It is now almost impossible to have only one job in the family and make ends meet! Today, many households need three incomes just to survive.
Sadly, even having more than one job does not produce any major positive effect on most people's bank accounts. Why? Because of tax laws. This was well illustrated in 1994 by Jane Bryant Quinn in her Woman's Day article on "How to Live on One Salary."
Where The Money Goes:
Ms. Quinn's example assumed that a man was earning $40,000 per year. His wife (we will call her Lori) wasn't working. They had more month than money. (Sound familiar?) Lori subsequently got an administrative job for $15,000 per year. You would think this would improve the family's financial situation, but when Ms. Quinn examined the economics of getting this extra income, the results were startling!
Lori had to pay federal and provincial taxes on her new income. Since they filed jointly, the family's combined income was what established their tax bracket. She paid $4,500 in new taxes, most of which was non-deductible, for federal and provincial income tax.
Lori had old age security withheld from her paycheck at the rate of 7.65 percent, which amounted to an additional nondeductible amount of $1,148 being extracted from her salary. She also had to commute to work 10 miles a day round trip, which is probably conservative for most people. This resulted (in 1995) in nondeductible commuting costs of $696.
Lori also had some child care expenses, which give a partial tax credit. Ms. Quinn figured that the amount spent over and beyond the tax credit was $4,250 per year.
Lori also ate out each day with colleagues, spending an average of $5 per day, five days a week. This results in a nondeductible expense of $1,250 a year. (I would love to know where she ate for only $5.)
Now that Lori has a job, she has to have professional clothing--this means a hefty dry cleaning bill. Ms. Quinn assumed that Lori's increased expenses here amounted to an extra $1,000 per year, nondeductible, of course.
Finally, with both spouses working, Lori wasn't in the mood to cook dinner every night. They bought more convenience foods and ate out more frequently. This resulted in increased food costs of a nondeductible $1,000 per year at minimum.
Add it all up and Lori's take-home pay was a paltry $1,156 a year, for which she had to put up with a daily commute, an unpleasant boss and corporate hassles. (See the following summary of all these numbers, so you can do the math for yourself.)
(1) Gross Income: $15,000 (2) LESS State and Federal Taxes -$4,500 (3) Social Security Taxes -$1,148 (4) Car Expenses -$696 (at 29cpm-50 miles a week) (5) Child Care -$4,250 (6) Lunches at the Job -$1,250 (7) Business Clothing & Drycleaning -$1,000 (8) Higher food expenses -$1000 (eating out, snack foods) (9) Net take-home pay: $1,156
No wonder more and more people are starting home-based businesses. In fact, there are currently an estimated 30 million people working from their homes. This number is expected to more than triple, to 97 million, by the year 2000, and to keep on growing. This has become and will continue to be one of the greatest mass movements in the U.S.
Why a Home-Based Business Makes So Much "Cents"
There are many reasons why so many people are favoring home-based over traditional business.
There is no commute (unless you have a really big home), no boss, little if any chance of lawsuits, much lower overhead, no employees (or few), and far fewer government restrictions. In fact, many of the laws previously cited don't apply to small firms with few or no employees. It is for these reasons, according to Entrepreneur magazine, that 95 percent of home-based businesses succeed in their first year and achieve an average income of $50,250 per year with many earning much more.
If everyone in the U.S. who is employed full-time got a part-time business and used the strategies I suggest, each employee could easily reduce his or her taxes from $2,000 to $10,000 each year.
There are really two sets of tax laws in this country. One is for employees, and it allows deductions for individual retirement accounts, 401(k)s (if you have one set up by your company), interest and property taxes on your home (which some in Congress want to do away with), and charity. Then there are the laws for home-based business people who conduct their business either full- or part-time. They can deduct, with proper documentation, their house, their spouse and even children (by hiring them), their business vacations, their cars, and their food with colleagues. They can also set up a pension plan that makes any government plan seem paltry by comparison.
For Lori--and for you--the meaning of all this is simple: Lori earned $15,000 in salary as an employee, but took home only $1,156. She could have netted the entire $15,000 had she earned it in a home-based business! This is an increase of almost 13 times her take-home pay as an employee.
Notice that Lori is not spending dramatically more money than she is currently spending. She would eat out anyway, go on trips and drive her car the same as before. By having a home-based business, however, many of her expenses become deductible. This concept is known as "redirecting expenses." With a home-based business, she can now deduct some of the expenses that she is incurring anyway.
Renegade Strategy: If you don't have a home-based business, start one!
In addition to all the benefits mentioned above, Congress will subsidize you while you are growing your home-based business. If your home-based business produces a tax loss in the first year or so, you can use that tax loss against any other income you have. It can be used against wages earned as an employee, dividends, pensions, or interest income--or you can use the loss against your spouse's earnings if you file a joint return.
If the tax loss exceeds all your income for this year, no problem. You can carry back the loss two years and get a refund from the IRS for up to the last two years of income taxes paid, or you can carry over the loss twenty years. You read it right: You can offset up to 20 years of income!
Here's an example:
Mike earns $50,000 in a job with the government. If he starts a home-based business that generates a tax loss of $10,000, he only pays tax on $40,000.
Renegade Tip: You can never lose a properly documented business deduction.
In fact, if everyone in the U.S. who is employed full-time got a part-time business and used the strategies I suggest, each employee could easily reduce his or her taxes from $2,000 to $10,000 each year. If all employees in the U.S. did this, the tax bite of the IRS would be reduced by a whopping estimated 300 billion dollars annually. Of course, Congress would have to change the laws for this to occur.
Renegade Strategy: Get LUCK: Labor Under Correct Knowledge.
Can You Succeed In a Home Based Business?
Research has constantly shown that it is rarely the business that determines success or failure. It is usually the business owner. Why does one person succeed and another fail at the same business?
Two words--Knowledge and Action.
Some people want the benefits of having their own business, but they don't take action. The result is business failure.
Then there are the people who are always working. They take action all day but still fail. The reason is that they are not taking the correct actions, the knowledgeable actions, that will bring the desired results. Again, business failure. It's like drilling for oil. If you set up a drilling rig in your back yard, it is going to fail at producing oil unless your back yard is in Texas or Alaska. The same rig in a good oil field will produce a gusher, because it was placed where oil was known to exist.
The point is that most people who get excited about starting their own home-based business do so without all the necessary knowledge. Consequently, many people quit before they acquire, through experience, the knowledge they need, without realizing that they are getting substantial tax breaks. This leads to another strategy. . . .
Renegade Strategy: Learn to duplicate the success of others.
Duplicating the strategy of others is much quicker and more effective than going to the school of hard knocks. It is also known as modeling, which is well-illustrated by the way The McDonald Corporation blazed a trail to success that many have since followed.
In the early 1950s, McDonald's and other start-up companies discovered that they could grow many times faster than the conventional firms through franchising. Instead of the company investing millions of dollars to build new stores, they let independent franchisees do it for them.
It seemed like a great idea, but at first no one figured out how to make it succeed on a consistent basis; therefore, the media attacked relentlessly and continually. News articles featured destitute families who had lost their life savings through franchising schemes. Virtually every state attorney general in the U.S. condemned the new marketing method. Some congressmen even tried to outlaw franchising entirely.
Over the years, however, Ray Kroc and his management team at McDonald's developed a turnkey franchise business system that produced consistent results for virtually anyone who bought a McDonald's franchise. The newfound success--from the system--turned public perception of franchising around. Today, virtually every franchise business models--to some extent--the franchise business system created by McDonald's, making franchising one of the most respected ways of doing business in the world.
Modeling is simply learning what other successful people have done to achieve success in a specific area, and then doing the same thing. Someone said that "education is the shortcut to experience." With modeling, you literally leverage your own learning with the collective years of learning through experience of many others. Modeling the success of others saves both time and money and reduces frustration and stress.
The light at the end of the tunnel, for you and millions of others today, is the financial opportunity that starting your own business offers. If you have one going already, then make sure you are enjoying the many financial advantages to which your smart choice entitles you. The tax advantages alone can make a home-based business the single best financial move you could ever make.
Summary:
Job prospects are declining and will continue to do so. Promotional opportunities to management within major companies are also shrinking. Traditional businesses have higher risks than those associated with home-based businesses.
You will never get rich unless you reduce your taxes to the legal minimum. Everyone should have a home-based business immediately! You can never lose a properly documented business deduction. If necessary, you can always carry business losses three years or carry forward all business losses twenty years.
SANFORD C. BOTKIN, Attorney, Certified Public Accountant, is Chief Executive Officer and Principal Lecturer of the Tax Reduction Institute, a tax education company located near Washington, DC. During the past ten years, Mr. Botkin has taught more than 50,000 taxpayers how to save more than $300 million on their taxes with his Tax Strategies seminar, Tax Reduction Diary System, and his instructive tape series, Tax Advantages For Your Home Based Business. Mr. Botkin has extensive financial and legal experience, including five years as a legal specialist in the Office of Chief Counsel for the Internal Revenue Service. He was also one of eight attorneys selected by the Internal Revenue Service to train new attorneys to the Internal Revenue Service's Corporate Tax Division. Mr. Botkin is a member of the Florida Bar Association and the Florida Institute of Public Accountants.
2 Beliefs Essential For Success by Gordon Bryan
Want To Move Forward To Success? Well neither of these will happen in a month of Sundays without belief.
I always harp on about attitude being the magic word, and belief is one attitude you MUST have. Not only that, but there are TWO types of beliefs needed!
The first belief is that it will happen. Whatever your goal is, however you want to improve your life, whatever wealth you want, in order for any of it to come true, you need to believe that it *will* happen.
You need to know this for a fact, not just some wishy-washy hope that it would be nice, but know for a fact that it can and will happen to YOU.
The second belief is in yourself as a person, and your right to succeed and enjoy abundance.
Abundance is all around, but most people do not tap into it, they don't grab their fair share, because they just don't believe.
They either feel they are undeserving of the good things, or they believe that something or someone will wreck their plans. Can you guess who that 'someone' is, that will wreck your plans? ... Yourself!!
Without the two cast-iron beliefs firmly in place, you will not see your plans through, you won't go that extra mile, you won't be prepared to pay the price.
You ARE worth it! You, me, all of us, we are individuals making our own way thru the journey of life. Each of us is a worthy person, and fully deserves to enjoy life, whatever that may mean to each of us.
As one of your affirmations, tell yourself that you are a strong and worthy person, and your 2 beliefs will be nicely in place to support your efforts all the way.
You will believe that you are worthy of the success, and you will believe you have the strength to overcome any hurdles.
About The Author: Gordon Bryan's new book, 'Transform Your Life in 21 Days! has been described as 'a must read', 'awesome', and 'a true gem'. If you liked this article, see the book for yourself at: Transform Your Life In 21 Days