Success Survival Tips

Written by /"Wild Bill/" Montgomery

Do you have what it takes to succeed at owning and operating your own business?

Your life isrepparttar reflection of allrepparttar 117858 choices you have made up to this point. Ten years from nowrepparttar 117859 same will be true. You arerepparttar 117860 product of your own choosing. Your future relies onrepparttar 117861 choices you make. You may be one ofrepparttar 117862 few and are satisfied with where you are today, personally and professionally. Then again you may be part ofrepparttar 117863 majority who is not. But either way you are where you are because you have chosen to be there. If you're not satisfied, it's time to make an adjustment to your life's choices.

When speaking of starting your own business or anything else in life, havingrepparttar 117864 desire to accomplish your goal is not enough, however it is a starting point.

Follow these 7 Success Survival Tips:

1) Follow Opportunity Instead of Savoring Security.

This isrepparttar 117865 hardest one of all. Most of us were brought up to seek out and cling torepparttar 117866 security ofrepparttar 117867 9-5 job. What happens when you mention to your family that you want to leaverepparttar 117868 security of your pension and go out on your own. They will probably advise you to be sure, to step carefully, to take your time. Some may even advise you against it completely. Are they financially independent? Did they have what it takes to go out on their own? Are they livingrepparttar 117869 life that they want? One way to avoid getting caught up in this security trap is to set a confirmed time that you will leave your job. Real worth and wealth is generated from within you. It comes from being prepared, knowing how to spot, act upon and capitalize from opportunities.

2) Get Things Done.

What do you want for your work? You want results. The results of your hard work are everything. You either succeed or fail. You make money or go under. Does this mean you should not get into daily routines? Of course not. As long as your routine is helping you get a profitable result, then they are not considered ruts, but pathways to success. Think of it this way. Efficiency is gettingrepparttar 117870 job done right, Effectiveness is gettingrepparttar 117871 right job done.

3) Making a Profit, Not a Living.

If you are still an employee, you probably know how much you will be bringing home next week. But with your own business, you have to remember to focus on making a profit and that means high sales and low overhead. No one signs your check now. To survive you must be focused on how you will make a profit today, tomorrow and next week. You must find ways to keep costs down torepparttar 117872 exception of affecting your profit making capabilities.

Killer Secrets on Developing Your Own Web Portal

Written by Brian Su

As hundreds of dotcom companies ended up shutting down, more net entrepreneurs are also looking for new opportunities. In this short article, Iíll share my personal experience and knowledge with you on how to minimize your risk in order to build a successful and profitable Internet portal onrepparttar World Wide Web.

1. First of all, determine your area of interest and a niche market that has potentials. Choose an area that would utilize your existing resources, knowledge and expertise.

2. Research and study scope of your market. If you serve both domestic and international markets, your will have a stronger chance for survive. If you only serve domestic, find out what services would make your business more competitive.

3. Clarifyrepparttar 117857 scope of your business and ask questions before opening your checkbook. Do you have efficient resources available to build a B2B or B2C portal fromrepparttar 117858 scratch? Do you need to leverage current website, customers and sales staff to produce additional revenue? Do you want to do all IT functions in house or should you out source? Do you have a sufficient revenue-generating model? If you are running a one-person operation, do you have enough time and technical skills?

4. Identify your clientele and need to come up with some unique ways to attract your customers and keep them coming back. Remember, content is king!

5. You are running a portal for profits. Identify and develop some solid revenue models. Inrepparttar 117859 past, it has been proven that banner advertising model and transaction model may not be as effective as expected.

6. Identify effective marketing and partnership strategy in order to establish a strong Internet presence. Much failure of startups occurred due to lack of step-by-step strategy and long term plan on growing business. Much just hope someone will buy out their site and make money quick. So how to differentiate your portal from others is your vital task from day one. There are hundreds of portals onrepparttar 117860 B2B and B2C fields. It is very critical to think about what makes your portal stand out from others in this competitive market.

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