Investment Guide – How To Become A Rich Investor

The act of investing in, or spending money, time and effort on a business or some other things, in hope of making a profit, best defines investment. It could be Real Estate, Mutual Funds, Stocks, Foreign Exchange etc. Whatever it is, there are rules and guides to achieving success in investments, which, when adhered to, result in achieving much greater heights of success.

Considering the huge amount of risks associated with most investments, it is of vital importance, to know the rules and guides first, irrespective of one’s financial status, before one could engage oneself in an investment of any kind whatsoever, in order not to be an object of pity, due to a mistake, of not going by the rules.

According to experts, the Securities And Exchange Commission (SEC) of the United States, defines an individual as an Average Investor if the individual has $200,000 or more in annual income, $300,000 or more in annual income as a couple, or $1 Million or more in net worth. This established requirements by the SEC is to protect the average investor from some of the worst and most risky investments in the world. These investor requirements also protect the average investor from some of the best investments in the world, which is one major reason why, one has to be just more than an average investor.

In as much as there are millions of desirous investors that fall below average investors, it would be unfair and discouraging, to always mention of Average and Rich Investors without the poor investors, each time matters of investments arise. After all, both started from the scratch. A gradual process that metamorphosed them into becoming what they are today. One does not have to worry himself, provided there’s life, there’s hope for the common man and lots of investment opportunities ahead. Hence, starting out in an investment with a minimal affordable capital, is highly recommended for the poor investor, and with prudence, little efforts, time, hope, faith and patience, desired goals would be achieved.

The most important thing in investments is, one’s mindset. The mentally preparedness to cope with the great task associated with investments. Nothing good comes so easy in life! One has to ask oneself, a few important questions before embarking on a journey to investments. These questions are:

1. Am I really determined to start out in an investment?

2. What type of investment is suitable for me?

3. How much capital do I have to start out in an investment?

4. Should I invest solely or jointly?

5. How much is my risk appetite?

When one answers these questions correctly and still has desire to forge ahead in investing his money in an investment, then, he’s qualified for the next stage of success towards investment.

The type of investment that suites one, is totally dependent on the already existing investment types- Real Estate, Mutual Funds, Stocks, Foreign Exchange etc., the amount of one’s capital, and one’s special interest in specific investment types. All this put together, constitutes a guide to enabling him know exactly the investment type that suites him.

The amount of capital needed to start an investment depends on individuality, and the nature of the investment. Capital, shouldn’t be a major issue here, as there are investments- stocks, one can invest in with a couple of cents. Hence, capital is virtually irrelevant, when considering penny stocks. And should never be a discouragement from investing one’s money in an investment.

Investing solely or jointly is totally one’s choice to make. Both investments exist. As a beginner, investing jointly is highly recommended. Considering the inherent risks in investments, which will always be shared, as it would, for the profit, amongst the investors according to individual’s amount invested, is ideally suitable for a good start. However, investing solely, is beneficial too. Even more beneficial, provided one has all it takes to stomach the risks in one-man investments. The investment profits from investing solely, will never be shared with anybody other than the sole investor, who takes it all. Hence, the decision is left for one to make, considering suitability and convenience.

Though tremendous amount of risks are involved in most investments. The larger the capital invested, the larger the probable risks. Also, the larger the capital invested, the larger the probable investment profits depending on one’s approach to investment. It’s a matter of proportionality. The opportunity of becoming a Rich, Average, or Poor Investor lies directly at one’s door step. This is the final stage and guide towards a greater change in one’s financial status depending on one’s risk appetite. Hence, a bold step together with strict adherence to the rules and guides stipulated in this article, becoming a rich investor is guaranteed.

Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up

One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.

However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.

Your product creation system should do this for you if only to help you to understand the overall task.

But why?

In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!

So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)

The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.

Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.

Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.

By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.

You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.

Home Based Business With The Touch of IT

Have you ever asked yourself how to start a home-based business? Read on to create the spark so you can start your own home based business.But, “How?” and “Where?” it’s one of the most common questions when starting anything new, right? In today’s age and with the advent of technology our options can be over whelming. Then, let this article jump-start your journey on starting a home-based business.1. Set Your Goals – 1st things first, be very clear with your goal setting. Don’t just start your engine and just drive; although you will eventually get somewhere the question is, is that where you wanted to be?
2. Evaluate yourself – Don’t just start any business opportunity just because you read it somewhere or a friend of yours told you so. Since your going to be part of this whole thing, then it is just best to assess yourself as well.
a. What are your skills?
b. What is it that comes naturally to you?
3. Equip Your Self – REMEMBER THIS! It does not mean that because you want to start a business, you are already qualified to run one. If it applies to life in general, then it applies to business as well. When your just starting out you will suck at it, so don’t worry cause its okay. Even if you answered none to both questions on evaluating yourself, you don’t have to worry cause you can give it to yourself by, learning and equipping yourself.So, what types of home-based business are out there? Before we continue, here’s a very basic point that is easily overlooked. Every business no matter what kind of business you have is always and will always be about selling, selling a product or a service. “Nothing happens, until something is sold!” So every business is about promoting a product or service. So our success in business and making money and in general is directly proportional to our ability to promote and sell things. Another thing about businesses is that it is a system that is supposed to make you more money, without you being stuck in it. Cause if you are stuck in it – then you own a job and not a business.These are some of the industries that allows’ you to learn and earn from home.
• Direct Selling and/or Network Marketing – Amway, Avon, Herbalife, USANA are some of the world-famous companies in this category. When joining companies like this, you are basically buying a complete business system that allows you to make money by “selling” their products directly or through your network.
• Internet Marketing and/or Affiliate Marketing – Internet marketing is the newest fad in making money or starting a home based business. This business system allows you to leverage on technology and the internet specifically to run your business system. Some of this technology driven systems can be run on autopilot, you set it up once and you watch your bank account grow.
• Work From Home – This is part of the Business Process Outsourcing (BPO) industry. You can find freelance web developers, content writers, technical support reps, telemarketers and transcriptions in this industry. If you have a marketable skill that can be delivered using the internet, then sites like http://www.elance.com and http://www.getafreelancer.com would allow you to start your home-based or work at home services.Here’s a quick run down on why people are starting to join these home based money-making activities
• Being your own boss
• Working anytime you choose
• Building the future you have always wanted
• Spending your time on things that you value the most
• Compared to traditional business – it has lesser overhead expensesLatest News: Since the inception of Facebook in 2004, it has growth exponentially. Facebook right now is becoming the worlds’ largest market place with more than 500,000,000 Million users. Once you have decided on what and how to start your home-based business, make sure that you add Facebook marketing into your strategy.