Five Qualities of a Great Business Opportunity

Written by John R. Barker


Continued from page 1

Again I recommendrepparttar Success Website – mentioned above. I also recommend e-books - electronic books that you can store on a diskette. Check out some examples at http://www.CoachingWorksInc.com/ebooks.htm

4. Product or service benefits people

It’s easier to sell something you can stand behind than not. It’ s also easier to sleep at night knowing what you have to offer is improvingrepparttar 106809 life of another. Seek out a business with a product or service that produces an asset for those who buy or use it.

An asset puts money in our pocket. A liability takes money out. Nothing feels better than helping people create assets in their life – investments that produce ongoing good for them. Do you offer assets or liabilities?

5. The product or service produces residual income

Residual income means you invest an hour today and you get paid for that hour indefinitely. This isrepparttar 106810 information age. Intellectual property is a hot product. The creation of intellectual property may require some time up front, but inrepparttar 106811 long run it pays and keeps paying without any additional effort. You can either investrepparttar 106812 time developing your own intellectual property - books, music, etc. Or, you can take advantage of IP that already exists withrepparttar 106813 right business program.

My Success Website business puts money in my bank account every month. If I never did anything else, it would continue to produce a passive revenue stream for me.

As a fledgling entrepreneur, I tried a lot of ways to make a little (very little) money. I made many mistakes. If you utilize these five criteria in evaluating a business before you enter it, I believe your long-term results will producerepparttar 106814 financial goals you desire. Best wishes to you for allrepparttar 106815 success you can handle!

John R. Barker is a personal and professional coach, author and successful online businessman. He is co-creator of the hot new, 5-Day Financial Makeover telecourse. You can learn more about him at http://www.getSynergized.com or e-mail him directly at mailto:John@getSynergized.com


Rx FOR FALLING CORPORATE PROFITS

Written by John Di Frances


Continued from page 1

Once we have initiated a culture of innovation, then it isrepparttar primary responsibility ofrepparttar 106808 leadership to ensure synergistic outcomes. The power of synergy, although simple in concept, isrepparttar 106809 most overlooked responsibility of today's senior executive corporate leaders. Large organizations are like campfires that periodically burn down until mainly embers remain. The initial fuel is mostly spent and thereforerepparttar 106810 first reaction is that we need new fuel, new resources, new investment, acquisitions, etc. to buildrepparttar 106811 fire back up. Yet when out camping andrepparttar 106812 fire burns down,repparttar 106813 first thing we do is stokerepparttar 106814 existing fire and mound uprepparttar 106815 glowing embers. Almost immediatelyrepparttar 106816 flame erupts again without adding new fuel.

All we needed to do to go from dying embers to a raging campfire was to integraterepparttar 106817 existing embers so that rather than each burning alone, they burned synergistically, combining their individual heat. So too,repparttar 106818 careful integration of all of our products, services, processes and methodologies, in short, everythingrepparttar 106819 organization is and does to achieverepparttar 106820 greatest bang forrepparttar 106821 buck is no more than repparttar 106822 organizational form of stokingrepparttar 106823 fire. Unlike adding new wood torepparttar 106824 fire,repparttar 106825 synergistic result of stoking is virtually immediate and withoutrepparttar 106826 need to invest capital in additional resources. Synergy isrepparttar 106827 ultimate multiplier, as it opensrepparttar 106828 door to exponential results again and again!

John Di Frances is the Managing Partner of DI FRANCES & ASSOCIATES, LLC founded in 1983. Phone:1-262-968-9850 Fax:1-262-968-9854 208 E Oak Crest Drive Wales, WI 53183 www.difrances.com synergy@difrances.com


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