Thursday 21 March 2013

Why not start an Internet business?

There are various businesses you can start up with as an upcoming entrepreneur and startups, one of them is starting an internet business. When I mean an internet business, I don’t mean joining the various scam programs on the internet that asks you recruit others for a few bucks. They may never pay you!

You can always start an internet business, provided you can offer a viable product or service, or take advantage of opening one of many available franchises. Your abilities, desire and financial resources can help determine the type of business and how long it may take to get it started.

When considering starting an internet business you need to determine the type of business you want to be involved with. You have the choice of selling products or services as well as whether you want to sell your own product line or someone else's. The same can be true for service-related businesses. There are several companies offering services that you can resell and make a profit and if you find any of them useful, you may want to be involved.

Whether its reselling Hosting plans or Bulk SMS or having resale rights to e-books and other digital products or reselling Gadgets from major suppliers.

You can also choose to sell a combination or products and services to take advantage of different aspects of the online shopping venture. While niche marketing and focusing on one product line has proven successful, so has being able to take advantage of different needs for different customer bases. Niche markets are more focused while a product mix reaches more of your targeted audience. You can also offer backend products, such as printer paper and ink to go with printers.

Working capital is a serious consideration in starting any internet business and probably the biggest expense will involve marketing your business. A good business plan can help you determine your target audience, which in turn will help determine where you will focus your marketing. This plan should be part of the overall business plan as without a specific market to target, you could end up simply throwing money into the wind and hoping it falls where it will do the most good.

Sustaining growth is another planning process and depending on your product line can be a viable exercise. Every business that sells merchandise should plan to offer products that are considered disposable. Items that customers will need to replenish or replace when used to gain the possibility of repeat business. Some businesses, such as home mortgages, are only able to sell to the same customer once, or maybe twice so they are constantly on the lookout for ways of generating more customers.

A business offering disposable items do not have to continually focus on new customers, rather good customer service and quality products can provide continued growth based on repeat shopping by the same customers. For example, if you sell digital cameras, it may be years between sales to the same customer. However, you can bolster your sales by also offering memory cards and printing services or supplies to bring in additional sales to existing customers.

This service is unique because you can sell the memory cards to Phone, Tablets and other devices and gadgets users. And whether one is into fulltime photography or not, many always want to have their pictures in hard copy for various reasons so a Printing service or sales and supplies of printing papers to others doing the same business.

A full list of businesses you can start up with little capital will be highlighted in the future post, As a review you should understand that running an internet business simply means either taking your normal brick and mortar business online so that a lot of people can see it and contact you for it or promote someone’s else products (goods or service) to millions of internet users in your area or locality or even billions worldwide!

Kalu Samuel Anya is an article writter and serial entrepreneur, 
he can be reached on Twitter: @kalusamanya  Skype: kalusam
for www.macroperfection.com

Wednesday 20 March 2013

Entrepreneurship as a key to sustainable development among Youths.

Entrepreneurship  is the key to sustainable development. There are a lot of young people who need to be fully employed in order to assist themselves and their family.

Youths should consider entrepreneurship by monetizing their talents, skills and abilities. They should not be deceived by the myth that money is required to start a business.

True, money is essential to develop a business but NOT to start! Education, training and most importantly: Plan, Plan and Plan. Yes, Planning is important in starting a business.

Youths need to think big but start small, they should look to ways to monetize their skills to help others. The most successful entrepreneurs are those who use their skills, talents and abilities to help people.
Thomas Edison who invented the light bulb was afraid of the dark and he utilized that fear to invent the light bulb and indeed solved the problems of many. So, what are your fears? What are your Challenges? What are your talents? What are your skills?

This is a time to develop your skills and talents by mastering the art through research and utilizing it to help others. Can you cook very well, such that your family and friends can attest very well to the wonderful smell and taste of your food? Then what are you waiting for? Start a food business. Macdonalds, Mama Cass and co. started small, you can too!

We have a very wonderful tool that when utilized very well can turn you to a millionaire overnight. It is of course the Internet! There are billions of people using the internet every second and no matter how rich they are or seem to be: They all have problems!

Another good tool is social networks, there are millions of people on social networks that you can assist with your talent, and you know what? They will gladly pay for your services and tell you: Thank you!
You don’t need to own a fat account to start a business, you just need an idea, a plan and a talent or something you are passionate about, something you will do and always do whether you are paid for it or not!
Certainly, not all business succeed. However we should never fail to try. It is better, far better that we try and fail than fail to try. That will be very dangerous.

An entrepreneur is one who fails 7 times but get up 8 times.

Kalu Samuel Anya is an article writter and serial entrepreneur, 
he can be reached on Twitter: @kalusamanya  Skype: kalusam
for www.macroperfection.com

Tuesday 19 March 2013

Do you know that Keeping a Job is riskier than Starting a Business?

It has been taught along the years by society that everyone should go to school so that they can get a good job. The problem these days is that too many people are doing what society have told them to do for years and that is to get a decent job.

When they think of starting their own home based business, they instantly feel like starting one is like a foreign language for them. Starting a business would be too risky. Their mind would reject it.
People would find many reasons why they should not start one. They will find all sorts of excuses why they will not do it. A lot of people, even when they thought about starting a business for months and even years, would still say that it would be a huge risk for them and they can not do it.

In today's world, many companies are downsizing and letting many people go. Doesn't matter who you are in the company. From the regular employee to middle management, to upper management. CEO's, Vice President, supervisors, etc. It does not matter. You are also at risk.

If the company that you are working for decided to let you go, what would you do? Wouldn't this hurt you and your family's finances in a big way.
Many companies even tell a few of their long time employees that their job is secured and there is no way that they would be laid off. You can walk into work one morning expecting to work your regular hours shift and can find yourself invited into a meeting room by the management for like a few short minutes, and then back home again right after that meeting without a job. You can be gone with no warning at all.

Imagine if you had a job and, at the same time, a part time business. If one day the company that you are working for decides to let you go too, don't you think that you would feel safer?
Keeping a job and thinking that it is safer and less riskier then starting your own business is  making a big mistake.

If you have a plan on how to start any type of business, then it would be very smart of you to start it even though you have a job now.

Think about this:
There are plenty of people in the world who had jobs and at the same time had a part time business. One day they lost their job but they did not lose the income that was necessary for them to make so that they can pay every day bills.

They knew that if the day of losing their job would come sooner or later, they would be ready for it and have a business run on the side.

If you have a job and want to start a business then just start it. Sure you will have to have a plan in place, a good idea, the finances, and the right motivation. You MUST take that step in your life. This is for you and your family's sake. You will also have to re-program your mind to think like a business person.

One of the main reasons why people are scared to start a business is really because their minds have been programmed for years and years by their parents, friends and the media to get an education so that it will help them to get a "good job".

Its only logical to conclude that in a world filled with uncertainties especially in the labour force, getting a job and keeping it is a big challenge. I know you may have lied to severally by well meaning family and friends that it’s riskier to start a business than get a job but wait!!!

What happens if you are layed off for no reason and given a large sum of money, remember a lack of business management knowledge then will mean that the money will last for few months!

We are here to assist you start up your business and allay your fears, we are here to make the Complex business process simpler.
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Macroperfection Ltd.
http://www.macroperfection.com