What makes an opportunity PERFECT? In the first article we learned that the “P” in PERFECT stands for “Profitable.”Key Number Two
The first “E” in PERFECT stands for “Easy.” No, “easy” doesn’t mean you won’t have to work at all. There is no free lunch. Don’t believe it if someone says they have done all the work for you and all you have to do is buy their system, sit back, and watch the money roll in. It does take work to start and build any successful business. But, the PERFECT home based business should be relatively easy and can even be a lot of fun.”Easy” Means:
•Something that you are passionate about or love doing.If you really love doing something, and that is the core of your home business, you will be a lot happier and the work required will seem easier to you. You will also be much more likely to stick with your business when you run into obstacles that will certainly come along.If you not only love something, but also know a lot about it, you will have a much better chance of success in a market related to your passion. You will “speak the language” of your customers. That will help you develop better relationships with them resulting in more sales now and in the future. Starting and building your home business around something you love will make it easier for you and it will be fun too.•A business process that can be automated or systematized.If everything you do in your business has to be done over and over again by you and you alone, you will not succeed for long, or your business will stay small. A PERFECT home based business will enable you to automate many of the business tasks after you do the initial work to set up the necessary processes.•Your product is easy to pack and ship at low cost, or fulfillment of the order is done digitally.The easiest home business lets you “ship” your product to the customer digitally in the form of a digital file over the internet or by e-mail. This also results in the highest profit because the cost to create and deliver a digital product is peanuts.•Requires less than 20 hours per week after the initial set up period. You may work 20 to 60 hours each week to start and set up your business for the first month or three. But, a PERFECT home based business will only require 20 hours or less of your time each week after the initial set up period.•Totally doable by anyone. If you have to be a genius or marketing wizard to succeed, it isn’t a PERFECT home based business. Thousands of “regular Joe’s” are making big money in a PERFECT home business and you can too. Find a business that you are comfortable doing, or find a mentor who will teach you everything you need to know about starting and succeeding in the home based business you choose.So, a PERFECT Home Based Business must be EASY. And, it must be PROFITABLE too. More to come in the rest of this article series.Read the other articles in this series, or Click Here For Your Free Report: Discover The PERFECT Home Business.
How To Discover Your PERFECT Home Based Business – The Second Of Seven Keys – It Is Easy
A Guide on Successful Product Creation and Internet Marketing
Product creation in Internet marketing is getting stiffer and stiffer nowadays owing to tough competition between Internet-based businesses. Putting up a new product requires plenty of brainpower and finances along with an ability to take risk. With that, even if you have the product well-set already, you have to position it strategically in the Internet landscape for others to notice. You should get the interest of Web users and turn them to actual customers. Aside from the usual physical products, many different products that thrive well on Internet marketing include E-books, membership sites, and video lectures.
The long and difficult process of product creation begins with ideas. They are easy to get – compared to the effort that comes with analyzing the market for that idea. Before the idea turns to a product, businesses often spend money, even amounting to millions of dollars, to ensure the success of the new product that emerges from an idea. Businesses undertake many types of market research and surveys before releasing their products to the public. Now, you may think that because your business is small, you can’t afford research or you don’t have to do research; you can and you should. The Internet allows you to disseminate materials needed for your market study to many people at once without your having to spend a cent.
It is a common maxim in business: Look at your destination first before mapping out your journey. So what are the goals you intend to accomplish with your product creation ventures? The everyday travails of your business may make you forget the end in sight. On the other hand, prepare to entertain new developments that come to your mind in your product creation. Your conception of a product may have started this way, but a few tweaks here and there along with some market research results and it ends up another way. Take it as the result of a creative process, not as a failure to reach your goal. After all, your product creation activities are intertwined with a long-term goal that you should strive to sustain at your utmost: profit generation. So if your less profitable initial idea evolves to a more profitable product, be thankful!
With your product made up already, start doing some aggressive Internet marketing. A product purchase typically comes after more than five times a customer is exposed to an informative call-to-buy message. Thus it is important to get the contact details, like the e-mail address, of potential customers who are on the brink of a sale. Use the results of your market research to determine the demographics to which you should concentrate your marketing efforts.
With consistent product creation, you can make an inventory of your products that you can market in due time. Just keep making products – the moment you succeed in making and marketing a product, customers are surely wanting more from you, so give it to them. Keep them on your side through constant product creation.
Real Estate Law – Understanding Buyer’s Agency and Subagency Relationships
Real estate law is not the easiest kind of law to understand. Whether you are buying or selling a home it is vital that you choose a legal professional to represent you who is able to meet the needs that you have. You have options for representation when it comes to property transactions. Once you understand your options in terms of agency relationships you will then be able to choose the one that is most fitting for you. The important thing is that you find a legal representative who will do everything in his power to ensure that your rights are protected, whether you are buying or selling a home.
One kind of agency relationship is known as buyer’s agency. If you are purchasing a house then you can hire an agent for yourself who will represent you and only you. This person is known as an exclusive buyer’s agent or representative. Real estate law in this case states that the buyer’s representative would owe you what is known as a fiduciary duty and would work in the best interests of you, the client.
If you wish you can choose to pay the buyer’s agent yourself or if you prefer you can ask the seller or the seller’s agent to see to it that your agent receives a share of the commission from the sale of the dwelling. This is up to you.
On the other hand if you are selling your house and decide to hire the services of an agent who will list it exclusively for you then you have hired an exclusive selling representative or agent who will owe duties of a fiduciary nature to you. In most cases you would see to it that the selling rep receives a commission when the sale closes.
Most selling representatives will agree to pay the buyer’s agent a percentage of the sales commission. Real estate law stipulates what the rights of both the buyer’s agent and the selling agent are. It is worth knowing though that if the selling representative finds a buyer then this agent is entitled to keep not just a portion of the commission but all of it.
In real estate law another agency relationship you may think about entering into is known as a subagency. When you buy a house the agent you may decide to work with may not actually be a representative or an agent but maybe what is known as a subagent of the seller. The subagent will represent the seller and the agent of the seller and will act in the best interests of those individuals.
If the agent you hire is a subagent then you can expect to be treated respectfully and honestly but you need to know that this person’s greatest loyalty is to the seller (s) and the seller’s agent. When you hire the right professional, you’ll have the advantage of real estate law knowledge on your side.