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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.

Effective Marketing Strategies in Product Creation

Marketing includes matters such as pricing and packaging of the product and creation of demand by advertising and sales campaigns. There are other options, of course, like product creation, resale rights marketing, joint ventures and the likes, but they are merely secondary to the above.

If you take the freelance route, it is important to ensure that all rights to profit from the final product, or any materials produced in its making, remain yours. Bookkeeping, physical product creation or delivery of goods can be done better with specialized help. Determining the purpose of the product is vital in niche product creation.

Implementation of Methodology – The choice of implementation of Six Sigma methodology depends on whether development is required on existing processes (DMAIC) or on new process/product design creation (DMADV). Determining what you really want to sell, something that you can be relaxed selling is the first step at the creation of a niche product. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts; to complete turnkey solutions, there is no excessive need to worry about spending time on the actual product sold to the customer.

For instance, you should be prepared to either perform yourself or to subcontract the completion of the following tasks:- Product idea research (are there any existing products or patents already existing for this idea)- Product specification document training (what it will do, how it will look, how will it be powered, and how the user will interface with it)- Marketing study (what it will be named, who would buy this, how much would they pay, how will we get customers to purchase the product)- Schematic or electronic circuit design process- Creation of a bill of material or BOM and an approved vendor’s list or AVL for each component in the design, preferably with multiple sources identified, with a BOM and AVL for each assembly level in the product- Printed circuit board layout design process (single sided board, double sided board, or multilayer board; size of the PCB; board material)- Mechanical packaging design with user interfaces (displays, buttons, switches, key. This removes all product creation costs from your budget as a marketer.

No other database of affiliate programs offers such a possibility for profit on either the affiliate side or the product creation site. Your chosen niche should allow for the creation of more than one product or service.

There are several marketing strategies that are necessary in the creation of a successful e-commerce web site – Email marketing (broadcasting) of prospects/customers – Effective use of auto responders (generate automatic email messages) – Online Newsletter – Online Form / Survey to capture your prospect’s email address – Electronic Product Delivery (if you sold a digital product) – Advertisement (Ad) Tracking – Back End Sales – Affiliate program etc.

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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.