5 Tips for Journaling Your Home Based Business Plan

Written by Barbara Carr Phillips


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5 Tips for Journaling Your Home Based Business by Barbara Carr Phillips

Journaling is an effective way to reach your goal of starting your own home-based business. Whether you want to be a freelance writer, a silk florist, an academic tutor – whatever your dream is, journaling your home based business plan is a way to realize it.

Start with a small notebook dedicated to your business plan. Take it with you everywhere. Following are five journaling tips to home-based business success:

Tip #1: Write About Your Big Idea. The first step to saverepparttar 116434 business venture you have splashing around your head is to throw it a life preserver. What type of business do you want to start? Write your big idea in permanent ink. Write aboutrepparttar 116435 advantages to this type of business, as well asrepparttar 116436 disadvantages. Write aboutrepparttar 116437 characteristics you possess that make yourepparttar 116438 perfect person to operate this type of business, andrepparttar 116439 characteristics you need to strengthen. For example, if you want to lead summer reading workshops for children, ages 8 through 10, but you don't remember what it is like to be an 8-year-old, volunteer to teachrepparttar 116440 8-year-olds' class at church. If you anticipaterepparttar 116441 downside of your business along with your weaknesses, you will be prepared to overcome them when they arise.

Tip #2: Research. And Again I Say, Research. Go torepparttar 116442 library or bookstore and get two or three books about your business. Read a general book about launching home-based businesses as well. As you are reading, take notes in your journal. Interview a few people by phone or e-mail who are operating a similar business. Before you contact them, writerepparttar 116443 interview questions in your journal. Also record their responses. When I started an academic tutoring business, I called three area tutors and asked them about their qualifications, fees and tutoring methods. This helped me decide how my qualifications compared and how I could better qualify myself. It also helped me to set a competitive fee, and plan activities for my students. Tip #3: Get Your Finances In Order. You will not focus on building your own business if you are worried about your utilities being disconnected. Sit down with your journal and list how you will get your finances in order. Do you have small bills you can pay off quickly? Are your income and expenses balanced? Draw your financial picture in black and white. Ideally, you need six months of living expenses inrepparttar 116444 bank before your quit your day job. If you don't have that, hold a garage sale or sell items collecting dust in your attic inrepparttar 116445 classified ads. Instead of working full-time, work part-time so you have a steady paycheck plus extra time to devote to building your business. List your financial goals in your journal and check them off as you achieve them. Write specifics about how your business will generaterepparttar 116446 income to support yourself financially. For example, a freelance writer can diversify and tap into several income streams. The writer can write how-to articles for magazines, write a book, teach workshops, speak at events, write resumes and prepare content for newsletters.

“Where Is America Headed To?”, New York Millionaire Wonders…

Written by I-key Benney, CEO


Hello! Happy new year. May you live a long healthy life and prosper.

According to a study by US dept. of Health & Human Services, 96% of Americans never achieve financial independence. They end up depending on charity, welfare, family, or are forced to keep working past their retirement age.

According torepparttar IRS, 85% ofrepparttar 116430 people reaching age 65 years don't have even $200 in their bank accounts! US Census Bureau says that 97% of Americans never realize their dreams and desires in life, and are forced to retire on annual income of $10,000 or less!

The average American is $15,000 in debt, not including their homes and car payments.

Parents will have to spend over $150,000+ to raise their kids torepparttar 116431 age of 18 years, and will spend another $77,000 to send them to college.

Every day, about 2,200 Americans lose their jobs, while more than 20,000 families lose their homes to foreclosure every year, and another 500,000 file for personal bankruptcy. Some ofrepparttar 116432 largest US corporations have been continuously downsizing their work force and laying off thousands of people duringrepparttar 116433 past ten years.

America is weakening and sinking deeper into a debt nation. The paradox is that America isrepparttar 116434 richest and greatest nation on earth, and yet millions ofrepparttar 116435 people live belowrepparttar 116436 poverty level.

Why is it so? Why is it that 1% ofrepparttar 116437 Americans control 37% of all wealth, 60% of allrepparttar 116438 corporations, and 10% of allrepparttar 116439 real estate? One ofrepparttar 116440 reasons is that most people do not knowrepparttar 116441 SECRETS ofrepparttar 116442 RICH and POWERFUL and are ignorant ofrepparttar 116443 dynamics of wealth creation, preservation and perpetuation.

The majority ofrepparttar 116444 people have been misled to believe that to achieve financial security, success and happiness, all they have to do is to go to college, obtain a degree and get a job.

Nothing can be further fromrepparttar 116445 Truth! To make both ends meet, both husbands and wives have to go to work.

In some cases, some people have two or more jobs: day job, evening job, and weekend job.

They spend every minute of their lives running from one job torepparttar 116446 next, and have no time to enjoyrepparttar 116447 money they make orrepparttar 116448 company and love of their families.

Bothrepparttar 116449 husband and wife hardly have time for each other or their children.

The children have no role models and are devoid of proper parenting. Some start missing classes, hanging out withrepparttar 116450 wrong gang, using drugs and committing crimes.

This leads to moral decay, lack of discipline, dropping out of school and life in and out of prison, teenage pregnancy and welfare dependency.

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