Home Based Business Article -Why Most People Have Business Success Backwards.

Written by Nick A. James


Why most people have business success backwards, and therefore most people aren't successful.

Success and wealth are crazy things. You must first give something away for them to be obtained. It is like planting a seed. You must give away or plant that seed before it grows and multiples This sounds absolutely crazy. Most people think how can I have wealth and success if I give awayrepparttar little that I have? After all I don't have much, therefore I must hang on to it if I ever want to have something.

Here's whatrepparttar 100509 truly successful have found out - they only achieved enormous success after they learned to give even more of themselves. The more they gaverepparttar 100510 more they received back. This isrepparttar 100511 philosophy too many people have and it isrepparttar 100512 philosophy of those who remain poor. For two much of my own life I had this philosophy. Most people can't be blamed for having this way of thinking, asrepparttar 100513 secrets of success aren't typically taught. They must be sought out.

First we must understand what wealth is, wealth is not money. Money is only paper. Ask a guy stranded on a desert island with 50 million dollars how much that money is worth. Not very much. Material wealth is onlyrepparttar 100514 items we can purchase with that money - cars, TV's, vacations, houses, you getrepparttar 100515 idea. So in this frame something of value (the car for example) must be produced for us to be able to use it. Thusrepparttar 100516 more value that a person can produce (cars, TV's, computers, even information and time)repparttar 100517 more valuable you become.

Think of it this way, if you wererepparttar 100518 only person who could do a very valuable task that many people wanted how wealthy would you be? Extremely to sayrepparttar 100519 least. But that is all just background information.

Here is why people have success backwards especially inrepparttar 100520 area of sales and marketing. They mistakenly go about trying to sell their product or service, thinking people will want to buy from them. Instead of thinking how can I be of value to others. How can I give away my value so I receive even more in return.

Here is where it really gets crazy. We already said we must give away our value to others to obtain wealth, andrepparttar 100521 more value we are able to give to othersrepparttar 100522 more wealth that will come back to us.

Think of it like this.

A doctor goes to school for many years to become a doctor. He gives countless hours of his time to you to learn to become a doctor. Many doctors will study/work 4000 hours per year times 10 years = 40,000 hours plus many hundreds of thousands of dollars in money spent on education. So when you go torepparttar 100523 doctor he has 40,000 hours invested in you in a sense, as you arerepparttar 100524 only one he is dealing with at this time. For which he might charge you $100. Even if you were to go to him for $40,000 worth of services in your lifetime where can you get this kind of value for $1 an hour and he even pays his own education cost out of his pocket. The same thing can be said of a famous athlete, or musician, or actor, etc. who spends countless thousands of hours of practice perfecting their craft before you spent $15 on a CD or bought a ticket, etc. from them.

Think of someone like Bill Gates and Microsoft. He sells you a computer operating system like Windows, which has literally thousand of hours of development time in it, to you for $129. What an incredible bargain this is, somebody spends millions of dollars and thousands of hours to develop a product that you want for which you get for only $129. What a steal.

The point is in all of these cases these people hadrepparttar 100525 vision of giving away their talents (isn't our wealth really what we haverepparttar 100526 capability to earn with our talents), before they expected to receive anything in return. And yet in each of these casesrepparttar 100527 more value they were able to give away to peoplerepparttar 100528 more wealth they got back in return.

The Bible talks aboutrepparttar 100529 principal of tithing. God says give me 10 percent of what you can do and I'll give you much more in return. God also says you can't out give him. I think he must see it as like a contest. He must be thinking, you think you are a big giver. "Check this out, look what I'm going to give you in return, try to top this."

The point is in all of these cases people first gave of themselves and then they received much more in return. And yet we too often as sales people simply go out and try to sell somebody on our product or service. And we wonder whyrepparttar 100530 customer doesn't buy from us.

Elements of Successful Trading

Written by Rob Hall


Tradingrepparttar stock or commodities markets provides an opportunity for ordinary people to accumulate extraordinary wealth.

Trading is not difficult to learn and many consider this to berepparttar 100507 ultimate home business.

Trading is a business that allows you to take control of your financial well being. However, if you are going to be a trader of stocks or commoditiesrepparttar 100508 following elements are essential to your success.

Mastering these elements will not ensure your success, because there are other factors that influence markets that cannot be covered in this article, but if you don’t master these elements you will ensure failure.

1) Money Management

Money management is takingrepparttar 100509 necessary steps to protect your capital, at all times.

It means knowing when to get out of a trade that is not going your way.

It means only trading an amount you can afford.

It means you do not fall in love with a trade so you are stuck with it no matter it does.

It also means knowing when to leave a market with a profit.

Money management allows you to stay inrepparttar 100510 markets so you can profit handsomely from proper trading techniques.

Cont'd on page 2 ==>
 
ImproveHomeLife.com © 2005
Terms of Use