office max,office supplies
Anyone with a home office, computer or kids in need of school supplies is most likely familiar with a store called OfficeMax. The company was founded in April 1988 and the first OfficeMax store opened in Cleveland, Ohio in July of that same year. The superstore chain now has over 900 locations in the United States and Mexico with just about every kind of office supply item you’d ever need from electronics, furniture and software to post-its and pencils.
Anyone with a home office, computer or kids in need of school supplies is most likely familiar with a store called OfficeMax. The company was founded in April 1988 and the first OfficeMax store opened in Cleveland, Ohio in July of that same year. The superstore chain now has over 900 locations in the United States and Mexico with just about every kind of office supply item you’d ever need from electronics, furniture and software to post-its and pencils.
Over the years, OfficeMax has taken on business ventures with several well-established companies such as Hewlett-Packard. Their goal is to provide consumers with the highest rated state-of-the-art services and products.
In addition to their partnership with Hewlett-Packard, another undertaking OfficeMax took on was a business venture with the Earthlink internet provider service in 2001. The two companies decided to hook up and market a wide variety of internet services to focus on the small business customer. As a result of this enterprise, Earthlink became the preferred provider of internet services to OfficeMax’s customers. Web hosting, dial-up and broadband connectivity are some of the Internet services the two companies offer by what OfficeMax refers to as ‘an interactive store-within-a-store’. They have made it available at all of the OfficeMax locations and online through the Business Services area of OfficeMax.com.
OfficeMax's chairman and chief executive officer, Michael Feuer said basically, that they chose EarthLink because of it strong customer focus. OfficeMax was further impressed by Earthlink’s operation because they stand behind their customer service commitment and constantly offer new technology to help small business customers become more efficient and effective. Additionally, EarthLink agreed to and continues providing training to OfficeMax employees on concepts that are designed to provide both of their customer bases with awareness and accessibility to the latest internet services.
OfficeMax and Earthlink view their combined business venture a win/win opportunity for both the companies and their customers. Earthlink feels that through their agreement with OfficeMax, they will be achieving a solid, retail-level method for reaching millions of small business customers. Both corporations also have the opportunity to provide their customers with new services they can use for accessing the internet which will increase productivity for their businesses.
Whether you are a small business owner, home-based professional or regular, all-American family with office and computer supply needs in addition to internet services, you can depend on OfficeMax for quality products and services. Check them out at www.officemax.com.
Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts
Thursday, September 11, 2014
A Few Clicks from the Jackpot
blackjack, casino, online blackjack, play blackjack, casino games, online casino, and internet casino, blackjack rules, blackjack strategies, play bla
Casino gambling has transformed into a major industry across the world. For the past decade casino gambling has seen to expand its boundaries far beyond the limits of Las Vegas. Today Casino gambling has been legalized in more than forty-nine united states and hundreds of different countries. As a result there seems to be an increment of about $100 billion in gambling revenues since the 1990's.
Casino gambling has transformed into a major industry across the world. For the past decade casino gambling has seen to expand its boundaries far beyond the limits of Las Vegas. Today Casino gambling has been legalized in more than forty-nine united states and hundreds of different countries. As a result there seems to be an increment of about $100 billion in gambling revenues since the 1990's.
Today Gambling has taken more different forms than an enclosure where people would come, gamble, drink and head home. Internet gambling represents one of the fastest growing segments of online activity with more than seven hundred web sites now providing users the opportunity to wager on everything from casino games to sporting events. According to Internet research firms, the industry will pull in $15 billion in world-wide revenues this year alone.
Whether you are interested in Poker, Blackjack, Texas Hold'em, Progressive Slots or any other of the many great casino games, you can easily gain access online. It is just the matter of having money to play, access to the Internet, and you're ready to go. Today, the age of computing gives you almost anything that you could wish for with just a click. There are millions of available websites that not only provide you with all of your favorite casino games, but also with guides and training programs to teach you how to win online.
Online casino games are action packed and just as exciting as playing in a land based casino. There is also a wide variety of games to play. Online casino games are fun and easy to use, and if you ever get stuck most casinos offer excellent customer care.
The best part of playing online casino games is that you don't need to leave the comfort of your own home to have a good time. You don't have to be a member of a club, or spend a fortune on travel and hotels. Now you can play Poker, Blackjack, and all of your favorite casino games from your living room.
And fortunately for gamblers playing online is safe and secure. Giving your credit card information to an online casino is just as safe as using your credit card at a hotel or restaurant, and in most cases safer. Online casinos are highly regulated and committed to customer service, which results in a safe, fun, and fair entertainment. So be confident in your deposits and take advantage of the casino bonuses - usually the more you deposit, the bigger the bonus you receive. This does not mean you need to wager more, you can cash out whenever you like – the idea is to receive the maximum amount of bonus money.
At a time baseball seemed to be the most entertaining American pastime. This has changed. In recent years, attendance at casinos has nearly tippled the attendance at all major league baseball games, with around a hundred and thirty million people visiting casino's every year.
The Internet could be your chance to hit it big!
Casino gambling has transformed into a major industry across the world. For the past decade casino gambling has seen to expand its boundaries far beyond the limits of Las Vegas. Today Casino gambling has been legalized in more than forty-nine united states and hundreds of different countries. As a result there seems to be an increment of about $100 billion in gambling revenues since the 1990's.
Casino gambling has transformed into a major industry across the world. For the past decade casino gambling has seen to expand its boundaries far beyond the limits of Las Vegas. Today Casino gambling has been legalized in more than forty-nine united states and hundreds of different countries. As a result there seems to be an increment of about $100 billion in gambling revenues since the 1990's.
Today Gambling has taken more different forms than an enclosure where people would come, gamble, drink and head home. Internet gambling represents one of the fastest growing segments of online activity with more than seven hundred web sites now providing users the opportunity to wager on everything from casino games to sporting events. According to Internet research firms, the industry will pull in $15 billion in world-wide revenues this year alone.
Whether you are interested in Poker, Blackjack, Texas Hold'em, Progressive Slots or any other of the many great casino games, you can easily gain access online. It is just the matter of having money to play, access to the Internet, and you're ready to go. Today, the age of computing gives you almost anything that you could wish for with just a click. There are millions of available websites that not only provide you with all of your favorite casino games, but also with guides and training programs to teach you how to win online.
Online casino games are action packed and just as exciting as playing in a land based casino. There is also a wide variety of games to play. Online casino games are fun and easy to use, and if you ever get stuck most casinos offer excellent customer care.
The best part of playing online casino games is that you don't need to leave the comfort of your own home to have a good time. You don't have to be a member of a club, or spend a fortune on travel and hotels. Now you can play Poker, Blackjack, and all of your favorite casino games from your living room.
And fortunately for gamblers playing online is safe and secure. Giving your credit card information to an online casino is just as safe as using your credit card at a hotel or restaurant, and in most cases safer. Online casinos are highly regulated and committed to customer service, which results in a safe, fun, and fair entertainment. So be confident in your deposits and take advantage of the casino bonuses - usually the more you deposit, the bigger the bonus you receive. This does not mean you need to wager more, you can cash out whenever you like – the idea is to receive the maximum amount of bonus money.
At a time baseball seemed to be the most entertaining American pastime. This has changed. In recent years, attendance at casinos has nearly tippled the attendance at all major league baseball games, with around a hundred and thirty million people visiting casino's every year.
The Internet could be your chance to hit it big!
7 Ways to Stop "Selling" & Start Building Relationships
Traditional Sales Mindset Vs Unlock The Game™ Mindset Always deliver a strong sales pitch. Vs Stop the sales pitch -- and start a conversation. When you lose a sale, it's usually at the end of the sales process. Vs Sales pressure is the only cause of rejection. Vs Never chase a potential client -- you'll only trigger more sales pressure.
Sometimes we can all use a friendly reminder to keep us from backsliding into old ways of thinking about selling that lead us down the wrong path with potential clients.
New Thinking = New Results
Maybe it's time to take a different approach. Maybe we need to seriously analyze our sales thinking so we can identify why we're not making more sales. Take a look at the table below and thinkabout your current selling mindset. How would your selling behaviors change if you changed your sales thinking?
Traditional Sales Mindset Vs Unlock The Game™ Mindset
1. Always deliver a strong sales pitch. Vs Stop the sales pitch -- and start a conversation.
2. Your central objective is always to close the sale. Vs Your central goal is always to discover whether you and your potential client are a good fit.
3. When you lose a sale, it's usually at the end of the sales process. Vs When you lose a sale, it's usually right at the beginning of the sales process.
4. Rejection is a normal part of selling. Vs Sales pressure is the only cause of rejection. Rejection should never happen.
5. Keep chasing every potential client until you get a yes or a no. Vs Never chase a potential client -- you'll only trigger more sales pressure.
6. When a prospect offers objections, challenge and/or counter them. Vs When a potential client offers objections, uncover the truth behind them.
7. If a potential client challenges the value of your product or service, you must defend yourself and explain the value. Vs Never defend yourself or what you have to offer -- it only creates more sales pressure.
Let's take a closer look at these central Unlock The Game™ concepts so you can begin to open up your current sales thinking and become more effective in your selling activities:
1) Stop the sales pitch -- and start a conversation.
When you call someone, avoid making a mini-presentation about yourself, your company, and what you have to offer. Start with an opening conversational phrase that focuses on a specific problem that your product or service solves. If you don't know what this is, ask your current customers why they purchased your solution. One example of an opening phrase might be, "I'm just calling to see if you'd be open to some different ideas related to lowering the risk of any computer downtime you may be having in your company?" Notice that you are not pitching your solution with this opening phrase.
2) Your central goal is always to discover whether you and your potential client are a good fit.
Let go of trying to "close the sale" or "get the appointment"-- and you will discover that you don't have to take responsibility for moving the sales process forward. If you simply focus your conversation on problems that you can help potential clients solve, and if you don't jump the gun by trying to move the sales process forward, you will find that potential clients will actually bring you into their buying process.
3) When you lose a sale, it's usually right at the beginning of the sales process.
If you believe that you lose sales because you make a mistake at the end of the process, take a look back at how you began the relationship. Did you start with a presentation? Did you use traditional sales language like, "We have a solution that I believe you really need" or "Others in your industry have bought our solution, so you should consider it as well"?
When you use traditional sales language, potential clients can't help but label you with the negative stereotype of "salesperson." This makes it almost impossible for them to relate to you from a position of trust. And if trust isn't established at the outset, honest communication about the problems they're trying to solve, and how you might be able to help them, becomes impossible too.
4) Sales pressure is the only cause of rejection. Rejection should never happen.
Rejection happens for only one reason: Something you said, as subtle as it might have been, triggered a defensive reaction from your potential client. Yes, something you said. To eliminate rejection, simply shift your mindset so that you give up the hidden agenda of hoping to make a sale. Instead, everything you say and do should stem from the basic mindset that you are there to help potential clients. This makes you able to ask, "Would you be open to talking about issues you might be having affecting your business?"
5) Never chase a potential client--you'll only trigger more sales pressure.
"Chasing" potential clients has always been considered normal and necessary, but it's rooted in the macho selling image that, "If you don't keep chasing, it means you're giving up -- and that means you're a failure." This is dead wrong! Instead of chasing potential clients, tell them that you would like to avoid anything that resembles the old cat-and-mouse chasing game by scheduling a time for your next chat.
6) When a potential client offers objections, uncover the truth behind them.
Most traditional sales programs spend a lot of time focusing on "overcoming objections." These tactics only put more sales pressure on potential clients and also fail to explore or understand the truth behind what the potential client is saying. When you hear, "We don't have the budget," "Send me information," or "Call me in a few months," do you think you're hearing the truth, or do you suspect that these are polite evasions designed to end the conversation?
Rather than trying to counter objections, you can uncover the truth by replying, "That's not a problem" -- no matter what clients are "objecting" to -- and then using gentle, dignified language that invites them to reveal the truth about their situation.
7) Never defend yourself or what you have to offer -- it only creates more sales pressure.
When a potential client says, "Why should I choose you over your competition?," your first, instinctive reaction is probably to start defending your product or service because you want to convince them to buy. But what do you think goes through your potential client's mind at that point?
Something like, "This 'salesperson' is trying to sell me on why what they have to offer is better, but I hate feeling as if I'm being sold." Rather than defending yourself, try suggesting that you aren't going to try to convince them of anything because that would only create sales pressure. Instead, ask them about the key problems that they are trying to solve, and then explore how your product or service might solve those problems --without ever trying to persuade.. Let potential clients feel that they can choose you without feeling "sold."
You too can improve your sales effectiveness if you are open minded and willing to try a new and more natural selling approach.
Sometimes we can all use a friendly reminder to keep us from backsliding into old ways of thinking about selling that lead us down the wrong path with potential clients.
New Thinking = New Results
Maybe it's time to take a different approach. Maybe we need to seriously analyze our sales thinking so we can identify why we're not making more sales. Take a look at the table below and thinkabout your current selling mindset. How would your selling behaviors change if you changed your sales thinking?
Traditional Sales Mindset Vs Unlock The Game™ Mindset
1. Always deliver a strong sales pitch. Vs Stop the sales pitch -- and start a conversation.
2. Your central objective is always to close the sale. Vs Your central goal is always to discover whether you and your potential client are a good fit.
3. When you lose a sale, it's usually at the end of the sales process. Vs When you lose a sale, it's usually right at the beginning of the sales process.
4. Rejection is a normal part of selling. Vs Sales pressure is the only cause of rejection. Rejection should never happen.
5. Keep chasing every potential client until you get a yes or a no. Vs Never chase a potential client -- you'll only trigger more sales pressure.
6. When a prospect offers objections, challenge and/or counter them. Vs When a potential client offers objections, uncover the truth behind them.
7. If a potential client challenges the value of your product or service, you must defend yourself and explain the value. Vs Never defend yourself or what you have to offer -- it only creates more sales pressure.
Let's take a closer look at these central Unlock The Game™ concepts so you can begin to open up your current sales thinking and become more effective in your selling activities:
1) Stop the sales pitch -- and start a conversation.
When you call someone, avoid making a mini-presentation about yourself, your company, and what you have to offer. Start with an opening conversational phrase that focuses on a specific problem that your product or service solves. If you don't know what this is, ask your current customers why they purchased your solution. One example of an opening phrase might be, "I'm just calling to see if you'd be open to some different ideas related to lowering the risk of any computer downtime you may be having in your company?" Notice that you are not pitching your solution with this opening phrase.
2) Your central goal is always to discover whether you and your potential client are a good fit.
Let go of trying to "close the sale" or "get the appointment"-- and you will discover that you don't have to take responsibility for moving the sales process forward. If you simply focus your conversation on problems that you can help potential clients solve, and if you don't jump the gun by trying to move the sales process forward, you will find that potential clients will actually bring you into their buying process.
3) When you lose a sale, it's usually right at the beginning of the sales process.
If you believe that you lose sales because you make a mistake at the end of the process, take a look back at how you began the relationship. Did you start with a presentation? Did you use traditional sales language like, "We have a solution that I believe you really need" or "Others in your industry have bought our solution, so you should consider it as well"?
When you use traditional sales language, potential clients can't help but label you with the negative stereotype of "salesperson." This makes it almost impossible for them to relate to you from a position of trust. And if trust isn't established at the outset, honest communication about the problems they're trying to solve, and how you might be able to help them, becomes impossible too.
4) Sales pressure is the only cause of rejection. Rejection should never happen.
Rejection happens for only one reason: Something you said, as subtle as it might have been, triggered a defensive reaction from your potential client. Yes, something you said. To eliminate rejection, simply shift your mindset so that you give up the hidden agenda of hoping to make a sale. Instead, everything you say and do should stem from the basic mindset that you are there to help potential clients. This makes you able to ask, "Would you be open to talking about issues you might be having affecting your business?"
5) Never chase a potential client--you'll only trigger more sales pressure.
"Chasing" potential clients has always been considered normal and necessary, but it's rooted in the macho selling image that, "If you don't keep chasing, it means you're giving up -- and that means you're a failure." This is dead wrong! Instead of chasing potential clients, tell them that you would like to avoid anything that resembles the old cat-and-mouse chasing game by scheduling a time for your next chat.
6) When a potential client offers objections, uncover the truth behind them.
Most traditional sales programs spend a lot of time focusing on "overcoming objections." These tactics only put more sales pressure on potential clients and also fail to explore or understand the truth behind what the potential client is saying. When you hear, "We don't have the budget," "Send me information," or "Call me in a few months," do you think you're hearing the truth, or do you suspect that these are polite evasions designed to end the conversation?
Rather than trying to counter objections, you can uncover the truth by replying, "That's not a problem" -- no matter what clients are "objecting" to -- and then using gentle, dignified language that invites them to reveal the truth about their situation.
7) Never defend yourself or what you have to offer -- it only creates more sales pressure.
When a potential client says, "Why should I choose you over your competition?," your first, instinctive reaction is probably to start defending your product or service because you want to convince them to buy. But what do you think goes through your potential client's mind at that point?
Something like, "This 'salesperson' is trying to sell me on why what they have to offer is better, but I hate feeling as if I'm being sold." Rather than defending yourself, try suggesting that you aren't going to try to convince them of anything because that would only create sales pressure. Instead, ask them about the key problems that they are trying to solve, and then explore how your product or service might solve those problems --without ever trying to persuade.. Let potential clients feel that they can choose you without feeling "sold."
You too can improve your sales effectiveness if you are open minded and willing to try a new and more natural selling approach.
3 Simple Business Opportunities Review
Make money at home, home business, money, rich jerk, work at home mom, internet business
Canadian carpenter hangs up the tool belt for online business. Gives an honest review of online opportunities.
Honest Business Opportunities Review. Finally an honest way to make money online.
Tired of business opportunities that do not deliver what they promise? We have reviewed the top selling programs on the Internet today. Below you will find a link to reviews of the top 3 opportunities that actually work.
The key to making money online is knowing how and where to start.
Without the right starting point you will waste precious time and a ton of money. The following products guarantee your online success, all you have to do is read them and follow their expert advice! All programs provide a 100% money back guarantee, require little or no experience, offer a step by step guide, and use proven strategies that will make you money.
These programs are simple to use, have a small investment price, and you are able to see results usually on the first day! Now you won't make millions overnight, like some programs promise, but you will build a nice part-time income that can certainly help with the bills (everyone I know wouldn't say no to an extra $500+ bucks a month).
You might even consider using all the suggested programs and over time replace your existing income. That's what I did, and lord knows i'm no "guru", actually i am a journeyman carpenter from Canada that just wanted a nice online hobby business. I wasn't expecting great things, just some extra cash, some "FUN" money. Now these programs have really taken off, I spend more time with my family and playing in my shop. I never expected this business to explode for me!
Check out our new #1 Pick! This one is rated the #1 Opportunity for making money online.
Warm Regards,
Dwayne Armstrong
Canadian carpenter hangs up the tool belt for online business. Gives an honest review of online opportunities.
Honest Business Opportunities Review. Finally an honest way to make money online.
Tired of business opportunities that do not deliver what they promise? We have reviewed the top selling programs on the Internet today. Below you will find a link to reviews of the top 3 opportunities that actually work.
The key to making money online is knowing how and where to start.
Without the right starting point you will waste precious time and a ton of money. The following products guarantee your online success, all you have to do is read them and follow their expert advice! All programs provide a 100% money back guarantee, require little or no experience, offer a step by step guide, and use proven strategies that will make you money.
These programs are simple to use, have a small investment price, and you are able to see results usually on the first day! Now you won't make millions overnight, like some programs promise, but you will build a nice part-time income that can certainly help with the bills (everyone I know wouldn't say no to an extra $500+ bucks a month).
You might even consider using all the suggested programs and over time replace your existing income. That's what I did, and lord knows i'm no "guru", actually i am a journeyman carpenter from Canada that just wanted a nice online hobby business. I wasn't expecting great things, just some extra cash, some "FUN" money. Now these programs have really taken off, I spend more time with my family and playing in my shop. I never expected this business to explode for me!
Check out our new #1 Pick! This one is rated the #1 Opportunity for making money online.
Warm Regards,
Dwayne Armstrong
5 Super Wealth-Building Tips Pave the Way to Financial Freedom
wealth, income, extra money
Here are five super wealth-building tips for the success-minded individual
There are so many things involved with building wealth that it would take much more than one article to explain it all. So, we've put together a simple five-step guide to help you get a great start in building wealth for a lifetime.
Step 1: Set Specific Goals
Goal setting is a task that can be easily put off - especially when you are extremely busy in day-to-day activities. However, goal setting is the first and one of the most important steps you'll take to achieve wealth. Set both short-term and long-term goals. Short-term goals may be daily, weekly and monthly goals. These should reveal where you would like to be financially by a certain time in the near future.
Long-term goals include the amount of wealth you would like to accumulate within a year, two years, or maybe even five or ten years. Both types of goals are necessary to build wealth. Without goals, you are wondering blindly with no care or thought of what's ahead. This pattern of life is sure to leave you empty-handed!
Step 2: Create a Business Plan
Every successful business from the past and today started with a plan. Your business plan should illustrate where you are now, where you plan to be in the future, and how you're going to get there. Write these few notes down on paper. Then, fill in the blanks to create a rough business plan. It's easier than you think.
*Your current income
*Business profits and expenses (if you already own a business)
*Business budget (or personal budget if working for someone else)
*Capital needed upfront to promote and operate business
*Plans to acquire the capital needed (source of capital)
*Spending plan (promotions, supplies, inventory, online expenses, etc.)
*Expectations (What results do you expect from your initial efforts?)
Creating a business plan is a necessary step to build wealth through your own business. Even if you don't own a business, you should write down a similar plan to reach your personal wealth goals.
Step 3: Avoid Harmful Debt
Debt is the one of the key reasons many people never accumulate wealth. But remember, there are two types of debt: harmful debt and necessary debt. Harmful debt is the debt you create for things you do not need such as excessive shopping, luxury items, expensive cars that you can't afford, etc. Necessary debt is a debt most people must have to live, such as a mortgage, car loan (affordable), medical, college, etc. These debts are a part of life for most families and will be for many, many years. However, even these types of debts should be kept well within your income limitations. If you can only afford a $250/month car loan, then shop around until you find one at this price. Don't give in to the temptations and pressures to buy the fancier, more expensive car with a $450/month payment. It's not worth the risk!
You may ask, "I thought these steps were for building wealth?"
As it happens, debt is the opposite of wealth. The more debt you have, the less wealth you will accumulate. You can't save money or invest money that belongs to someone else. If you earn $3,000 in income this month, but owe $2,000 in loans (before everyday living expenses), you can't possibly have extra money to save. You must either earn more or sell some items to pay off your debt. You should avoid this "debt trap" if you intend on building wealth for the future.
Another type of debt is one for your business. You may take out a small business loan to get things started or to promote your business. If you are uncertain about whether the business will bring profits, try to avoid business debt until you have tested it a while.
Step 4: Develop a Personal Plan
Above, you developed a business plan. Now it's time to create a personal plan. What tasks will you do daily to build wealth? Put yourself on a schedule and a strict budget. Work toward your goals daily by making a list of things to do and marking off each item on the list as you complete the tasks. In your budgeting, include a set amount of money you will put away in savings (savings account, IRA, stocks, bonds, etc.) If you plan to invest, be sure to diversify your investments. Choose only one or two high-risk investments and several "safer" investments such as mutual funds or bonds.
Step 5: Stay focused on the Goal, not the Circumstances
No matter what circumstances you find yourself in, keep your eyes on the wealth-building goal ahead. Even if sales are down in your business, don't stop dead in your tracks. Remember, businesses have ups and downs. If you remain steadfast toward your goal during the slow times, the busy times are bound to be much better than ever. Your income will grow and you will have the extra money needed to reach your wealth-building goals.
In a nutshell, building wealth does not happen over night with one get-rich-quick program. It happens with consistent labor toward the goals and tasks you have created. You can build wealth for your future if you do not waver from these basic truths that have worked for millions of others!
Here are five super wealth-building tips for the success-minded individual
There are so many things involved with building wealth that it would take much more than one article to explain it all. So, we've put together a simple five-step guide to help you get a great start in building wealth for a lifetime.
Step 1: Set Specific Goals
Goal setting is a task that can be easily put off - especially when you are extremely busy in day-to-day activities. However, goal setting is the first and one of the most important steps you'll take to achieve wealth. Set both short-term and long-term goals. Short-term goals may be daily, weekly and monthly goals. These should reveal where you would like to be financially by a certain time in the near future.
Long-term goals include the amount of wealth you would like to accumulate within a year, two years, or maybe even five or ten years. Both types of goals are necessary to build wealth. Without goals, you are wondering blindly with no care or thought of what's ahead. This pattern of life is sure to leave you empty-handed!
Step 2: Create a Business Plan
Every successful business from the past and today started with a plan. Your business plan should illustrate where you are now, where you plan to be in the future, and how you're going to get there. Write these few notes down on paper. Then, fill in the blanks to create a rough business plan. It's easier than you think.
*Your current income
*Business profits and expenses (if you already own a business)
*Business budget (or personal budget if working for someone else)
*Capital needed upfront to promote and operate business
*Plans to acquire the capital needed (source of capital)
*Spending plan (promotions, supplies, inventory, online expenses, etc.)
*Expectations (What results do you expect from your initial efforts?)
Creating a business plan is a necessary step to build wealth through your own business. Even if you don't own a business, you should write down a similar plan to reach your personal wealth goals.
Step 3: Avoid Harmful Debt
Debt is the one of the key reasons many people never accumulate wealth. But remember, there are two types of debt: harmful debt and necessary debt. Harmful debt is the debt you create for things you do not need such as excessive shopping, luxury items, expensive cars that you can't afford, etc. Necessary debt is a debt most people must have to live, such as a mortgage, car loan (affordable), medical, college, etc. These debts are a part of life for most families and will be for many, many years. However, even these types of debts should be kept well within your income limitations. If you can only afford a $250/month car loan, then shop around until you find one at this price. Don't give in to the temptations and pressures to buy the fancier, more expensive car with a $450/month payment. It's not worth the risk!
You may ask, "I thought these steps were for building wealth?"
As it happens, debt is the opposite of wealth. The more debt you have, the less wealth you will accumulate. You can't save money or invest money that belongs to someone else. If you earn $3,000 in income this month, but owe $2,000 in loans (before everyday living expenses), you can't possibly have extra money to save. You must either earn more or sell some items to pay off your debt. You should avoid this "debt trap" if you intend on building wealth for the future.
Another type of debt is one for your business. You may take out a small business loan to get things started or to promote your business. If you are uncertain about whether the business will bring profits, try to avoid business debt until you have tested it a while.
Step 4: Develop a Personal Plan
Above, you developed a business plan. Now it's time to create a personal plan. What tasks will you do daily to build wealth? Put yourself on a schedule and a strict budget. Work toward your goals daily by making a list of things to do and marking off each item on the list as you complete the tasks. In your budgeting, include a set amount of money you will put away in savings (savings account, IRA, stocks, bonds, etc.) If you plan to invest, be sure to diversify your investments. Choose only one or two high-risk investments and several "safer" investments such as mutual funds or bonds.
Step 5: Stay focused on the Goal, not the Circumstances
No matter what circumstances you find yourself in, keep your eyes on the wealth-building goal ahead. Even if sales are down in your business, don't stop dead in your tracks. Remember, businesses have ups and downs. If you remain steadfast toward your goal during the slow times, the busy times are bound to be much better than ever. Your income will grow and you will have the extra money needed to reach your wealth-building goals.
In a nutshell, building wealth does not happen over night with one get-rich-quick program. It happens with consistent labor toward the goals and tasks you have created. You can build wealth for your future if you do not waver from these basic truths that have worked for millions of others!
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