5 Tips for Journaling Your Home Based Business PlanWritten by Barbara Carr Phillips
Publishing Guidelines: This article is available for free reprint provided that author bio is left intact and article is published complete and unaltered. If you are using this article on a website or e-book, please make sure that link in author bio is live or clickable.Email notice of intent to publish is requested: bcarrphillips@yahoo.com Word Count: 949 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 save 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 about advantages to this type of business, as well as disadvantages. Write about characteristics you possess that make you perfect person to operate this type of business, and 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 teach 8-year-olds' class at church. If you anticipate 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 to 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, write 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 in 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 in 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 generate 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 to IRS, 85% of 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 to 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 of largest US corporations have been continuously downsizing their work force and laying off thousands of people during past ten years. America is weakening and sinking deeper into a debt nation. The paradox is that America is richest and greatest nation on earth, and yet millions of people live below poverty level. Why is it so? Why is it that 1% of Americans control 37% of all wealth, 60% of all corporations, and 10% of all real estate? One of reasons is that most people do not know SECRETS of RICH and POWERFUL and are ignorant of dynamics of wealth creation, preservation and perpetuation. The majority of 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 from 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 to next, and have no time to enjoy money they make or company and love of their families. Both 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 with 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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