Why Your Internet Business is Like the Stock MarketWritten by Patty Gale
As savvy stock market investors know, chasing after one "hot stock" with possibility of bringing instant riches is not a wise idea. You know old saying, "Don't put your eggs in one basket". This type of thinking carries a high risk. If your stock goes up and you are smart enough to sell, then you've made money. However, if your stock falls, you just don't know when (or if) it will ever make a comeback. With this idea of chasing after "hot stock of day", you might as well buy a lottery ticket. Diversifying your investment portfolio for long-term growth and stability is wiser of strategy. You invest your money over any number of stocks in different industries, thereby spreading your risk across group. The same principle should be applied to your internet business. Many of us first arrived online with notion of building a really great website to reach masses in hopes of making a lot of money. We later found out that "build it and they will come" theory is just that, a theory. Oh sure, there are a few who have managed to create a nice income from just one or perhaps two websites, but even Amazon didn't turn a profit until 2001. Unfortunately, most of us do not have unlimited financial resources. Many have given up, only to go back to either a corporate job or some other type of work in order to support their family. What they did not realize is that their internet business really should be treated like their investment portfolio.
| | Do You Really Want To Try Network Marketing?Written by Tim Gorman
Make no mistake it takes a unique skill set to become a successful network marketer. I have developed a list of questions that someone interested in network marketing can ask themselves to see if they are up to challenge.Are you interested in having to deal with headaches associated with managing employees to include hiring and firing? If so then perhaps network marketing isn’t for you. What network marketing does give you is freedom to be self reliant on your individual drive and determination and not efforts of others in early stages of your development into a successful network marketer. Do you embrace ability to choose when you want to work, where you want to work, how long you want to work, what you wear to work and how you work? If these decisions appeal to you then you have great beginnings to be a top network marketer. Nothing beats being able to work full time hours one day and then scale back to part time hours next based on you lifestyle. Freedom of choice can be a very exciting and powerful motivator to succeed as a network marketer. Does ability to start a home based or network marketing business with limited risk and for less then a few hundred dollars (in some cases for free) sound good? If so then network marketing will appeal to you in those areas. There are lots of exciting opportunities waiting for you to open their door in order to explore them. Don’t forget potential tax advantages that can come from owning and operating a home-based business.
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