Want To Make Money Online? You Need To Sell What People Are Buying!

Written by Opal R. Gilbert

For several years now, enterprising individuals like you have been trying to make money onrepparttar Internet. Itís flexible, low-cost, and if you do it right, can be extremely profitable. If youíre among those who have tried to succeed and have not yet found that magic formula, you may just need to re-evaluate what youíre trying to sell.

Itís no secretrepparttar 116791 economy has been lagging for months, even though some economists are now calling for an unprecedented recovery, and thatís great. We can all benefit from a thriving healthy economy. However, many companies have been forced to take a step back to decide whether anyone really wants their product or services. After all, if youíre selling things that nobody wants to buy, where are your profits going to come from? Before you start any business (or re-evaluate a current one) you need to make sure there is a demand for your product.

Year round (and especially duringrepparttar 116792 holidays), there is a constant demand for gifts onrepparttar 116793 Net. Millions upon millions of people go online every week looking for that perfect gift, and helping them find it is a sure-fire way to make a profit. Giftware is definitely one market that has potential appeal for EVERYONE. If you can grab even a tiny percentage of those purchases, youíll be sitting pretty.

If you want to get your share ofrepparttar 116794 market, you need to stand out amongrepparttar 116795 crowd. You need to offer unique and quality items that people will notice and want to buy. Plus, it would be extremely helpful to carry exclusive items that canít be easily found elsewhere. That way, anyone who wants that item will have to buy it from you.

Five Questions to Ask Yourself Before Launching a New Business

Written by Nancy Wurtzel

Owning a home used to berepparttar ďAmerican Dream.Ē However, this long-standing goal that so many aspired to, and ultimately reached, has been replaced with a new goal -- becoming a business owner.

At first glance it sounds perfect: Leaverepparttar 116790 corporate world behind and become an entrepreneur. No more commuting, office politics, difficult co-workers and demanding supervisors. Youíll be your own boss and reap allrepparttar 116791 financial rewards. It will be a brand-new lifestyle with incredible opportunities and much less stress.

Others have achievedrepparttar 116792 new ďAmerican Dream.Ē Look atrepparttar 116793 young kids who started Apple on a shoestring inrepparttar 116794 late 1970s. Donít forgetrepparttar 116795 two engineers who launched a little company called Hewlett Packard out of a small backyard garage. Mrs. Fields took a cookie recipe -- of all things -- and built it into a national model that is taught in many business schools.

Why not you? Yes, you could haverepparttar 116796 next great business idea, but that alone might not be enough. Ask yourself, do you haverepparttar 116797 right stuff to launch and run a successful business? Here are five questions to consider before makingrepparttar 116798 big leap from a steady paycheck to business owner.

1. Are you a self-starter? With no one looking over your shoulder, itís easy to procrastinate. You must haverepparttar 116799 discipline that is needed to plan, set goals and stay focused.

Since many small businesses initially start out as home-based to keep overhead low, working from home brings additional distractions. Can you resistrepparttar 116800 temptation to eat cookies and watch reruns of ďLaw and OrderĒ when you should be making marketing calls?

2. What are your expectations? If your goal is to work fewer hours and feel less stress, then think again.

The U.S. Small Business Administration estimates that business ownership requires a tremendous commitment, with 12-hour workdays, often seven days a week. Needless to say, this can be a strain on family life. If you think it might be too much, then consider a job change or a new career with an established company rather than launching your own business.

3. What are your financial goals? Inrepparttar 116801 short-term your income will probably be lower, and it could stay this way for a long time. Additionally, no one pays for vacations, health care plan, profit sharing or stock options. You must set up your own retirement plan as well.

The U.S. Small Business Administration offers some sobering statistics. It reports that half ofrepparttar 116802 small businesses started will fail withinrepparttar 116803 first year. Furthermore, byrepparttar 116804 fifth year 95 percent will have ceased operations. Whilerepparttar 116805 reasons for failure vary, one ofrepparttar 116806 most common is a lack of adequate financing. To beatrepparttar 116807 odds, meet with an independent accountant to honestly discuss your finances and expectations. The good news is that if your business takes off you will reaprepparttar 116808 financial benefits.

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