From an article by Brian Tracy
Becoming excellent in closing sales is an inside job. It begins within you. In sales, your personality is more important than your product knowledge. It is more important than your sales skills. It is more important than the product or service that you are selling. In fact, your personality determines fully 80 percent of your sales success.
Take Charge of Your Life
The biggest mistake you can make is to ever think that you work for anyone but yourself. From the time you take your first job until the day you retire, you are self employed. You are the president of your own entrepreneurial corporation, selling your services into the marketplace at the highest price possible. You have only one employee—yourself. Your job is to sell the highest quality and quantity of your services throughout your working life.
But I’m Not in Sales
Think again my friend. If you’ve ever applied for a job, been married, went out on a date, raised your kids, started a business, sold a used car, waited on tables or done any of a thousand other things…you were involved in sales.
Even as a kid, you traded marbles or bottle covers (‘counters’). In fact, one of your first sales involved you crying because you were hungry. You were obviously pretty convincing because your parents rushed to feed you.
View Yourself as Self-Employed
In a study done in New York some years ago, researchers found that the top 3 percent of people in every field looked upon themselves as self-employed. They treated the company as if it belonged to them personally. They saw themselves as being in charge of every aspect of their lives. They took everything that happened to their company personally, exactly as if they owned 100 percent of the stock.
Winners Versus Losers
The difference between winners and losers is quite clear. Winners always accept responsibility for their actions. Losers never do but instead always have some kind of explanation for why they are doing poorly.
Don’t Waste Time
The average salesperson today wastes about 50 percent of his or her working time. According to research, he comes in a little later, works a little slower, and leaves a little earlier. He spends most of his working time in idle chitchat with co-workers, personal business, reading the paper, drinking coffee, and surfing the internet. Winners arrive a little earlier, work a little harder, and stay a little later.
Develop Empathy and Understanding
Top salespeople have high levels of empathy, i.e., they really care about their customers. Ambition, the desires to achieve, combined with empathy, the genuine caring for the well-being of your customers, are the twin keys to top sales performance.
A person with empathy makes every effort to get inside the mind and heart of the customer and to understand his situation and needs. They find out what the customer really wants and then presents it to them in a manner he/she finds palatable.
Keep Your Word
Top-selling salespeople are impeccably honest with themselves and with others. There is no substitute for honesty in selling. Earl Nightingale once said, “If honesty did not exist, it would have to be invented as the surest way of getting rich.”
Do What you Love to Do
One of the secrets of success in selling is for you to do what you love to do. Top salespeople love what they are selling. They believe in it passionately. They will defend it and argue over it. They will talk about it day and night. When they go to bed, they think about their product. When they wake up in the morning, they can hardly wait to talk to prospects about it. Look at the top salespeople in the very best companies, and you’ll find that these people are fanatical about their products and services.
Succeed Now
Resolve today, that you are going to become one of the hardest-working professional salespeople in your industry; start earlier; work harder; stay later. Do whatever it takes to reach your financial goals.
Wednesday, October 26, 2011
Wednesday, April 21, 2010
The disciplined approach to investing
Background
The last one year has witnessed undoubtedly, the largest decline in the history of the Nigerian capital market. While the causes of the decline are numerous and perhaps arguable, there is widely held consensus about how careful investors have to be in future to minimize the effects of such market shocks on their personal finances. This consensus clearly points to the Disciplined Approach to investing, which is anchored on a thorough analysis of all the issues surrounding the investment decision. In reality, this thorough analysis does not necessarily require painstaking economic research and financial mathematics (although a basic understanding of these may be useful), it simply requires asking a few questions relating to you the investor, the investment instrument or product, and the approach to investing that you will like to take.
The Questions
All investment decisions must be focused on a particular objective(s). For individuals, these objectives must be clearly aligned with a real life objective. For example, as rational beings, a decision to invest in say, a mutual fund, must be focused on perhaps an objective like – saving towards your children’s education, or your retirement. Investment decisions cannot be taken outside the scope of some real life objective, even an objective as trivial as “Just because everyone else is” is real. This leads us to the first question – What are your objectives? In further extension of our rationality, investors need to ascertain what their own attitude to investment risks are, and how this aligns to their objective. This requires individuals to reflect on issues that are specific to them such as their age, income, past experience and other behavioural dispositions and social habits. Investors then need to make detailed enquiry about the investment instruments and products and how these instruments and products align with their objective, and their risk tolerance. The final question requires investors to decide on a strategy for taking advantage of these selected instruments and implementing that strategy. This final step is critical in the disciplined approach, as it ensures that all the analysis and planning is not in vain, and that the actual objectives can be achieved.
Your Objectives
As mentioned above, the critical first step is in identifying your objectives. The important realization here is that everyone’s objectives differ. The objectives of a bachelor/spinster may be focused on renting their first apartment and getting a second degree, while that of a couple with three children may be on purchasing a home, and paying university tuition. This realization is very important as it personalizes the entire investment process, and focuses it on distinct individual needs.
While there may be many ways of categorizing objectives, the most effective at least from an investment perspective, is based on time horizon. Objectives may therefore be short term (less than
6 months), medium term (less than 2 years), and long term (above 3 years). There is no clear consensus as to the definition of these periods and it may vary, depending on perspectives.
Below is a simple categorization of investment objectives for the Hart Family. Each of us should be able to draw up similar objectives for ourselves:
Short Term
School Fees
Household Utilities and Supplies
Medium Term
Mrs. Hart’s office rent, due in 18 months
Long Term
Mortgage Down Payment in 3 years
Tunde and Chinwe’s Higher Education in 8 years
Mr. Hart’s retirement in 15 years
Take time to articulate your objectives in this manner, as a critical first step in the disciplined approach.
Your Attitude to Risk
The subject of behavioural finance is gaining a lot of ground these days as investment managers seek to better understand the needs of their clients, by building a behavioural profile of them, which will be indicative of the type of investment decisions they should take. A number of typologies exist for classifying investors based on their attitude to risk. These typologies are not perfect, but may guide individuals on how they can reflect on themselves and their unique circumstances and better appreciate their attitude to risk and its implications for their investment decisions.
Investor Psychographics: In this categorization, investors’ risk attitude is influenced by their occupations. Typically therefore, individuals who have acquired wealth by inheritance or risking the capital of others tend to have a low tolerance for risk and may be passive investors. For example, corporate executives, bankers, and other middle class professionals. On the other extreme of the risk spectrum are individuals who are already used to taking charge of their economic destiny such as entrepreneurs, small business owners, self employed people and artisans, who tend to have a higher tolerance for risk.
Life Cycle/Income Analysis: This analysis holds that individuals’ risk tolerance and investment policies are related to the person’s age and income level. Typically, risk tolerance diminishes with age, but increases with income.
Special Preferences: Certain investors have special preferences borne out of social religious or cultural backgrounds. These preferences may limit them from taking advantage of these prohibited instruments, no matter how attractive they are, or how aligned to their objectives/risk tolerance.
Putting It Together – The Harts
Using these three typologies which are by no means exhaustive, the Harts have assessed their risk tolerance as follows. They have also discussed this with their neighbours – Mallam & Hajia Umar, and are comparing notes:
Psychographics
Life Cycle/Income
Special Preferences
Mallam & Hajia Umar
We are both employees, we have a low tolerance for risk, and should be careful about high risk investments
Our combined family income will put us in the high income bracket, but we are close to retirement. Our risk tolerance is therefore moderate
As Muslims, we forbid investments in breweries and tobacco companies, as well as interest yielding instruments
Mr. & Mrs. Hart
I work for an oil company, and earn a steady income. I have never been an entrepreneur, and therefore think my risk tolerance will be low by this evaluation. My wife however runs a supermarket, and has higher tolerance for taking risks than I do
We are both middle aged, upper middle income earners. In this regard, we should have a medium risk tolerance
We have no qualms about social or religious inhibitions. We will invest anywhere so long as it is safe and profitable, and not illegal.
Can you profile yourself in this manner, and develop a better understanding of your risk tolerance. The important point to note here is that risk is an integral part of the investment process, therefore, understanding your attitude to risk is very important to the Disciplined Approach.
Your Investment Alternatives
A wide variety of investment instruments and alternatives exist. Quite often, individuals are lured into making investments without having a basic understanding of the instruments. In the past some of us have made investment decisions without ever taking a look at a prospectus, or asking any questions. No surprises therefore that the band-wagon effect accounted for a high percentage of losses arising from the recent market downturn. The Disciplined Approach challenges us to ask one more question about the various instruments and products we are offered. It may not necessarily require us doing the arithmetic, but at least read, and ask questions. The table below shows a quick summary of a number of popular investment instruments and what they offer:
Investment Instruments
Returns*
Risk
Horizon
Treasury Bills (“T.Bills”)
Fixed/Low
Risk Free
Short
Bank Deposits
Fixed/Low >T. Bills
Low
Short
Money Market Mutual Funds
Variable/Low>Bank Deposits
Low
Short
Government Bonds (“G.Bonds”)
Fixed or Variable/Low > T. Bills
Risk Free-Low
Med - Long
Corporate Bonds
Fixed or Variable/Low > G.Bonds
Low-Med
Med-Long
Bond Mutual Funds
Variable/Low >Corp Bonds
Low-Med
Med - Long
Direct Equities
Variable > or < Fixed Income
High
Long
Equity Mutual Funds
Variable > or < Fixed Income
Med- High
Long
Balanced Mutual Funds
Variable > or < Fixed Income
Low-Med
Med - Long
Real Estate Securities
Variable > or < Equities
Med – High
Med - Long
Direct Real Estate
Variable > or < Equities
High
Long
Depends on actual market circumstances that may vary*
Depending on actual market conditions, the return characteristics stated above may vary. However, it is important that individuals understand the various investment alternatives holistically in this manner, and then try to match this to their risk tolerance and investment objectives. As you will agree this broad based analysis doesn’t even require any financial mathematics, which will typically scare off would-be individual investors.
Putting It Together Again – The Harts
Having understood the various investment alternatives, the Harts have attempted to link their objectives and risk tolerance to the various alternatives.
Objective
Time Horizon
Risk Tolerance
Preferred Instrument(s)
Current School Fees
Short
Medium – High
Bank Deposits
Money Market Mutual Fund
Rent
Medium
Medium – High
Bond Mutual Funds
Corporate Bonds
Tunde and Chinwe’s Higher Education
Long
Medium – High
Direct Equities
Equity Mutual Fund
Real Estate Securities
Real Estate
Imagine if the Harts knew little or nothing about investment alternatives. Maybe under pressure from an aggressive sales man, they could have invested monies for their children’s current school fees in an Equity Mutual Fund, or placed funds for a long term purpose like retirement in low earning Treasury Bills out of fear of the capital market. How does this compare with some of the decisions you have taken in the past?
Your Approach
This brings us to the fourth component of the Disciplined Approach focused on analyzing your investment approach. Depending on how much resources, (time, expertise and money) that you have available, investors may invest in three distinct ways viz:
Manage Investments on your own
Individuals, who have sufficient time and reasonable expertise, may choose to manage their investments by themselves. This will involve direct purchase of primary instruments like shares, treasury bills, bonds and real estate
Appoint a Fund Manager
Usually, individuals with large financial resources and without the time or inclination for managing their portfolio may appoint a professional fund manager to manage and administer their portfolio.
Invest in a Mutual Fund
Small as well as large investors continue to embrace mutual funds as a veritable tool for managing their investments, because of the ease of entry and exit they offer, their liquidity, and inherent diversification, as opposed to managing their own portfolios or affording a more personalized portfolio.
The Disciplined Approach also makes the distinction between speculative behaviour and real investing. The obvious dimensions to this distinction are that speculators only perceive risk, as something that they cannot afford to happen, while investors appreciate and try to manage risk. Speculators always mis-match instruments with their perennial short term horizon, and place huge bets on making a quick buck in a short time frame; while investors are always aligning their objectives with instruments like the Harts, above.
The Disciplined Approach for All Times
One final dimension to the disciplined approach relates to how to make consistent investments towards your financial goals irrespective of the market situation and dynamics. Most individuals who appreciate the value of developing a savings and investment culture still struggle with being able to make a sustainable commitment to saving and investing. Often times, despite our desire and effort to set aside money towards savings and investments, we often find ourselves inundated with other financial obligations (family responsibilities, unforeseen events, ostentatious spending habits, etc) that distract us from our goal. To get out of this web of seemingly continuous non-saving, individual investors need to commit to a disciplined and focused approach to saving and investing. Also, investors may often worry about the fluctuations in share prices and its effect on their wealth and future. During a market downturn as we have experienced over the last one year, some investors choose to completely stop investing, in reaction to the uncertainties affecting the market. While this may seem prudent, it actually leads us to perhaps more ostentatious spending, which actually hurts our wealth and financial future. However, a thorough understanding of the disciplined approach to investing suggests that markets always recover, and that investors who have consistently put aside
reasonable sums of money over time (Naira Cost averaging), rather than throwing in huge amounts with the hope of making a quick profit (like speculators do), often come out unscathed from market declines.
The final dimension therefore requires to make a commitment to continuous saving and investing, no matter how small our income is. Savings and investing work in a really simple manner – if you think what you get as a salary is too small to save, then imagine what you will have if that salary dries up – NOTHING!
The last one year has witnessed undoubtedly, the largest decline in the history of the Nigerian capital market. While the causes of the decline are numerous and perhaps arguable, there is widely held consensus about how careful investors have to be in future to minimize the effects of such market shocks on their personal finances. This consensus clearly points to the Disciplined Approach to investing, which is anchored on a thorough analysis of all the issues surrounding the investment decision. In reality, this thorough analysis does not necessarily require painstaking economic research and financial mathematics (although a basic understanding of these may be useful), it simply requires asking a few questions relating to you the investor, the investment instrument or product, and the approach to investing that you will like to take.
The Questions
All investment decisions must be focused on a particular objective(s). For individuals, these objectives must be clearly aligned with a real life objective. For example, as rational beings, a decision to invest in say, a mutual fund, must be focused on perhaps an objective like – saving towards your children’s education, or your retirement. Investment decisions cannot be taken outside the scope of some real life objective, even an objective as trivial as “Just because everyone else is” is real. This leads us to the first question – What are your objectives? In further extension of our rationality, investors need to ascertain what their own attitude to investment risks are, and how this aligns to their objective. This requires individuals to reflect on issues that are specific to them such as their age, income, past experience and other behavioural dispositions and social habits. Investors then need to make detailed enquiry about the investment instruments and products and how these instruments and products align with their objective, and their risk tolerance. The final question requires investors to decide on a strategy for taking advantage of these selected instruments and implementing that strategy. This final step is critical in the disciplined approach, as it ensures that all the analysis and planning is not in vain, and that the actual objectives can be achieved.
Your Objectives
As mentioned above, the critical first step is in identifying your objectives. The important realization here is that everyone’s objectives differ. The objectives of a bachelor/spinster may be focused on renting their first apartment and getting a second degree, while that of a couple with three children may be on purchasing a home, and paying university tuition. This realization is very important as it personalizes the entire investment process, and focuses it on distinct individual needs.
While there may be many ways of categorizing objectives, the most effective at least from an investment perspective, is based on time horizon. Objectives may therefore be short term (less than
6 months), medium term (less than 2 years), and long term (above 3 years). There is no clear consensus as to the definition of these periods and it may vary, depending on perspectives.
Below is a simple categorization of investment objectives for the Hart Family. Each of us should be able to draw up similar objectives for ourselves:
Short Term
School Fees
Household Utilities and Supplies
Medium Term
Mrs. Hart’s office rent, due in 18 months
Long Term
Mortgage Down Payment in 3 years
Tunde and Chinwe’s Higher Education in 8 years
Mr. Hart’s retirement in 15 years
Take time to articulate your objectives in this manner, as a critical first step in the disciplined approach.
Your Attitude to Risk
The subject of behavioural finance is gaining a lot of ground these days as investment managers seek to better understand the needs of their clients, by building a behavioural profile of them, which will be indicative of the type of investment decisions they should take. A number of typologies exist for classifying investors based on their attitude to risk. These typologies are not perfect, but may guide individuals on how they can reflect on themselves and their unique circumstances and better appreciate their attitude to risk and its implications for their investment decisions.
Investor Psychographics: In this categorization, investors’ risk attitude is influenced by their occupations. Typically therefore, individuals who have acquired wealth by inheritance or risking the capital of others tend to have a low tolerance for risk and may be passive investors. For example, corporate executives, bankers, and other middle class professionals. On the other extreme of the risk spectrum are individuals who are already used to taking charge of their economic destiny such as entrepreneurs, small business owners, self employed people and artisans, who tend to have a higher tolerance for risk.
Life Cycle/Income Analysis: This analysis holds that individuals’ risk tolerance and investment policies are related to the person’s age and income level. Typically, risk tolerance diminishes with age, but increases with income.
Special Preferences: Certain investors have special preferences borne out of social religious or cultural backgrounds. These preferences may limit them from taking advantage of these prohibited instruments, no matter how attractive they are, or how aligned to their objectives/risk tolerance.
Putting It Together – The Harts
Using these three typologies which are by no means exhaustive, the Harts have assessed their risk tolerance as follows. They have also discussed this with their neighbours – Mallam & Hajia Umar, and are comparing notes:
Psychographics
Life Cycle/Income
Special Preferences
Mallam & Hajia Umar
We are both employees, we have a low tolerance for risk, and should be careful about high risk investments
Our combined family income will put us in the high income bracket, but we are close to retirement. Our risk tolerance is therefore moderate
As Muslims, we forbid investments in breweries and tobacco companies, as well as interest yielding instruments
Mr. & Mrs. Hart
I work for an oil company, and earn a steady income. I have never been an entrepreneur, and therefore think my risk tolerance will be low by this evaluation. My wife however runs a supermarket, and has higher tolerance for taking risks than I do
We are both middle aged, upper middle income earners. In this regard, we should have a medium risk tolerance
We have no qualms about social or religious inhibitions. We will invest anywhere so long as it is safe and profitable, and not illegal.
Can you profile yourself in this manner, and develop a better understanding of your risk tolerance. The important point to note here is that risk is an integral part of the investment process, therefore, understanding your attitude to risk is very important to the Disciplined Approach.
Your Investment Alternatives
A wide variety of investment instruments and alternatives exist. Quite often, individuals are lured into making investments without having a basic understanding of the instruments. In the past some of us have made investment decisions without ever taking a look at a prospectus, or asking any questions. No surprises therefore that the band-wagon effect accounted for a high percentage of losses arising from the recent market downturn. The Disciplined Approach challenges us to ask one more question about the various instruments and products we are offered. It may not necessarily require us doing the arithmetic, but at least read, and ask questions. The table below shows a quick summary of a number of popular investment instruments and what they offer:
Investment Instruments
Returns*
Risk
Horizon
Treasury Bills (“T.Bills”)
Fixed/Low
Risk Free
Short
Bank Deposits
Fixed/Low >T. Bills
Low
Short
Money Market Mutual Funds
Variable/Low>Bank Deposits
Low
Short
Government Bonds (“G.Bonds”)
Fixed or Variable/Low > T. Bills
Risk Free-Low
Med - Long
Corporate Bonds
Fixed or Variable/Low > G.Bonds
Low-Med
Med-Long
Bond Mutual Funds
Variable/Low >Corp Bonds
Low-Med
Med - Long
Direct Equities
Variable > or < Fixed Income
High
Long
Equity Mutual Funds
Variable > or < Fixed Income
Med- High
Long
Balanced Mutual Funds
Variable > or < Fixed Income
Low-Med
Med - Long
Real Estate Securities
Variable > or < Equities
Med – High
Med - Long
Direct Real Estate
Variable > or < Equities
High
Long
Depends on actual market circumstances that may vary*
Depending on actual market conditions, the return characteristics stated above may vary. However, it is important that individuals understand the various investment alternatives holistically in this manner, and then try to match this to their risk tolerance and investment objectives. As you will agree this broad based analysis doesn’t even require any financial mathematics, which will typically scare off would-be individual investors.
Putting It Together Again – The Harts
Having understood the various investment alternatives, the Harts have attempted to link their objectives and risk tolerance to the various alternatives.
Objective
Time Horizon
Risk Tolerance
Preferred Instrument(s)
Current School Fees
Short
Medium – High
Bank Deposits
Money Market Mutual Fund
Rent
Medium
Medium – High
Bond Mutual Funds
Corporate Bonds
Tunde and Chinwe’s Higher Education
Long
Medium – High
Direct Equities
Equity Mutual Fund
Real Estate Securities
Real Estate
Imagine if the Harts knew little or nothing about investment alternatives. Maybe under pressure from an aggressive sales man, they could have invested monies for their children’s current school fees in an Equity Mutual Fund, or placed funds for a long term purpose like retirement in low earning Treasury Bills out of fear of the capital market. How does this compare with some of the decisions you have taken in the past?
Your Approach
This brings us to the fourth component of the Disciplined Approach focused on analyzing your investment approach. Depending on how much resources, (time, expertise and money) that you have available, investors may invest in three distinct ways viz:
Manage Investments on your own
Individuals, who have sufficient time and reasonable expertise, may choose to manage their investments by themselves. This will involve direct purchase of primary instruments like shares, treasury bills, bonds and real estate
Appoint a Fund Manager
Usually, individuals with large financial resources and without the time or inclination for managing their portfolio may appoint a professional fund manager to manage and administer their portfolio.
Invest in a Mutual Fund
Small as well as large investors continue to embrace mutual funds as a veritable tool for managing their investments, because of the ease of entry and exit they offer, their liquidity, and inherent diversification, as opposed to managing their own portfolios or affording a more personalized portfolio.
The Disciplined Approach also makes the distinction between speculative behaviour and real investing. The obvious dimensions to this distinction are that speculators only perceive risk, as something that they cannot afford to happen, while investors appreciate and try to manage risk. Speculators always mis-match instruments with their perennial short term horizon, and place huge bets on making a quick buck in a short time frame; while investors are always aligning their objectives with instruments like the Harts, above.
The Disciplined Approach for All Times
One final dimension to the disciplined approach relates to how to make consistent investments towards your financial goals irrespective of the market situation and dynamics. Most individuals who appreciate the value of developing a savings and investment culture still struggle with being able to make a sustainable commitment to saving and investing. Often times, despite our desire and effort to set aside money towards savings and investments, we often find ourselves inundated with other financial obligations (family responsibilities, unforeseen events, ostentatious spending habits, etc) that distract us from our goal. To get out of this web of seemingly continuous non-saving, individual investors need to commit to a disciplined and focused approach to saving and investing. Also, investors may often worry about the fluctuations in share prices and its effect on their wealth and future. During a market downturn as we have experienced over the last one year, some investors choose to completely stop investing, in reaction to the uncertainties affecting the market. While this may seem prudent, it actually leads us to perhaps more ostentatious spending, which actually hurts our wealth and financial future. However, a thorough understanding of the disciplined approach to investing suggests that markets always recover, and that investors who have consistently put aside
reasonable sums of money over time (Naira Cost averaging), rather than throwing in huge amounts with the hope of making a quick profit (like speculators do), often come out unscathed from market declines.
The final dimension therefore requires to make a commitment to continuous saving and investing, no matter how small our income is. Savings and investing work in a really simple manner – if you think what you get as a salary is too small to save, then imagine what you will have if that salary dries up – NOTHING!
Monday, April 19, 2010
marketing, internet money
Making money online does not necessarily have to be difficult. We have all come across individuals offering us opportunities to make money online from the comfort of our own homes. Is this possible though? can we work a few hours a week and make enough money online to live a comfortable life? or are we purely wasting our time and efforts even attempting to succeed at this.
Have you read the amazing claims that you can make money online? that you can make over $5000 a week online? Can you really make money online though! I wanted to find out, I was at breaking point, Could I make money online? could anyone make money online?
I searched intensely into the market, to find out if it was actually possible make money online and make a lot of it.
As expected, I came across a number of individuals who as I guessed, were offering schemes that had a very poor level of customer support and did not seem to care if you actually did make money, they just wanted to take money from you, who needs this? really? not me, not you.
I looked deeper into this particular fascination of making money online from home, I didn't want to give up, I really wanted to succeed, and I wanted to help other people succeed. We don't all need to be short of money do we?
Eventually, I did manage to find some legitimate, genuine individuals who offered some information. This came as a great shock to me, It was ACTUALLY possible to make money online. The individuals of the money making websites had a great help department who actually responded to emails and operated helpful telephone systems, solely for you, to make sure you succeeded. They actually offered 60-Day-Money Back guarantees as well. I was impressed as well as shocked. I did manage to speak to some people who confirmed they made a lot of money online with the methods proposed by these particular individuals. I had succeeded with my goal to find out if it was possible to make money online.
My goal was to find out if you could make money online or if it was all scams.
The result was: you could make money online and you could make a lot of money online, if you found the correct guide. That was the hard part of making money online, knowing where to start.
Needless to say, I did make money online, after struggling to make ends meet for many months and I thank these individuals for helping me make money online.
My message to anyone reading is: If you want to make money online, the key is knowing where to start. It can be easy to make money online if you find a starting point, otherwise you've lost before you've even began.
You can check out my webpage, if you are interested in making money online, I have included an exclusive report for individuals hoping to make money online. [http://www.cutedollars.com/design_files/sales%20website/index.html.]
I wish you the best of luck with making money online.
If I can make money oline, why can't you make money online to?
[http://www.cutedollars.com/design_files/sales%20website/index.html]
Internet Money
The first thing you need to do is figure out what your strengths, weaknesses, likes, and dislikes are. Do you like to write? Do you like hanging out at sites like Facebook and MySpace? Do you have a specific skill that people may want to learn? Do you have more knowledge about something than the average person does that people may want to know more about? You really need to start off with something you know a little about and that you have a genuine interest in to be successful.
I'm going to give you a few ideas of how to make money on the internet below that may interest you.
- Write reviews - You can go to sites such as SoftwareJudge.com and write reviews of various software products. You can earn up to $50 with each review. You can even earn money from epinions.com which most don't know.
- Write web content - You would be doing nothing different than what I'm doing by writing this article. The only difference is I'm writing this article to promote my new website. You can make $50 a year or more with a good article. Doesn't sound like a whole lot, but what if you wrote 1 top notch article a day? That would be more than $18,000 a year after one year and $36,000 a year 2. Are you starting to see the big picture? Not too bad for a part-time job.
- Online researcher - You can earn money answering people's questions by doing the research to find the answers. To find out more you may want to check out JustAnswer or Uclue.com.
- Suggest domain names - You can go to Pickydomains.com and get paid $25 for each domain name that is chosen.
- Sell photos - You can earn royalties every time someone uses your photo on sites like istockphoto.com.
All I've done is scratch the surface of what kind of opportunities are out there for someone looking to make money from the internet.
Tuesday, February 23, 2010
E-LAW > now here
very soon everything will go electronic. we now have e-commerce, e-biz, e-government, e-church, e- accounting,... etc why not e- law?
well don't think further because it is actually coming your way. For Nigerians, we now have the complete law report in electronic form. And you know what? you don't need as much as over N100,000 to have it.
it much more cheaper than what you imagine. (not up to N5000)
if you are interested just send a mail to gwuraiyke@yahoo.com indicating your interest and i will send you the download link instantly.
cheers!
well don't think further because it is actually coming your way. For Nigerians, we now have the complete law report in electronic form. And you know what? you don't need as much as over N100,000 to have it.
it much more cheaper than what you imagine. (not up to N5000)
if you are interested just send a mail to gwuraiyke@yahoo.com indicating your interest and i will send you the download link instantly.
cheers!
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