It has been observed that people who want to start a home based business would indifferently discuss it with friends or relatives, but they never get much further than that. So they end up dismissing the whole idea as not being possible when in reality they are just afraid; and one of the primary reasons of their fear in starting any venture is the lack of knowledge.As a rule of thumb, a thorough analysis is required at each and every level of a business start up especially if we talk about online business. Preliminary, you should examine your own skills whether or not you are filling the requirements of that job. After a self – analysis, you should be able to have a short term and long term strategic plan. It’s the backbone of every business plan that you should first define the vision, the objectives and the action plan consisting of steps to achieve short term goals and ultimately long term goals.Whether you are starting a new business or setting up an online company, these steps are essential. Having said that, the biggest step of starting a home based online business is the vision and the willingness to achieve it.Most of the time when people think about a home based business; they gather the requirement and talk to their friends and relatives. With the passage of time, the passion for business fades out. Unfortunately, they don’t pursue it further because of a potential risk involved in the process but they should understand the basic rule, the bigger the risk the bigger the reward. At the same time, setting up an online business entails a very small risk. They don’t just have the confidence in moving forward because they don’t know what steps they need to take.We are in the era of the latest technologies. All you need is a computer and a phone and you can start an online business from home or from anywhere in the world you could be. But to make a successful home based business is another thing. Currently, job hunters are anticipating a huge demand of skilled workers in online business but it is always important to DO YOUR HOMEWORK and partner with the best people in the industry. This is the reason why creating a plan to start a home based business or any business is a very crucial process.Creating a plan to get started is very important in order for you to have a successful home based business. So take the first step or you will be like the others that just talked about having their own home based business but never did. You have to simply take action and start doing something that will move you in the right direction.
How to Find the Best Home Based Business Opportunity
First let’s begin by discussing the importance of where your mind set is right now. Because if you’re fortunate enough to be in a position where you have the habits in place to be able to run a business from home, only then you may have success from home. Otherwise, no matter what business you’re in you’ll go from the best home based business opportunity, right back to giving somebody else the opportunity to have success. Or you may go from one home opportunity to another, jumping from business to business. That is why it is so important to consider that in order to have success from home, you must have the right habits for running a business from home.These are the habits that must be considered:1. Set time aside to do only income producing activities.
2. Set time aside to connect with your customers and show leadership to your potential ones.
3. Set time aside to work on personal development and
4. Turn off the Television.Next is to find the vocation that you’re passionate about, you must work on staying focused and serious about your enterprise, what ever it is you’re inspired about. If you have no clue as to what the best home based business opportunity is for you, don’t worry, you’re not alone. Many people including myself, had no idea where to begin. My advice is to really dig deep within yourself and figure out what inspires you. Not just what motivates you, but what does really keep you inspired? Because what inspires you, will keep in the game longer. Motivation is not enough. We’re all motivated from time to time, but when you’re inspired by something deep, there’s no question as to how far you could go.There are a million things you can do from home, Google offers a great resource of information for those seeking different types of home based business opportunities, but be aware for there’s a lot of scams out there. My suggestion is that after you’ve found your vocation, do your research on people having success in that particular field. Find people you want to be like, and basically, do what they do in their business in order to achieve success. Don’t try to reinvent the wheel.Sometimes the answers are right in front of you. Go with your gut feelings and find the leaders in your industry. Learn to implement the same skills they do. Follow the process of learning new skills and master the ones your already possess. It becomes easy once you figure out what really drives you in life. When you’re inspired, and you do what you do out of love, it doesn’t become work it becomes your life.My view of the best home based business opportunities are: Direct Sales, MLM (Multi-level Marketing), Internet Marketing, Affiliate Programs and Network Marketing. I highly advice to join a business opportunity that is system oriented where you can learn step by step the skills necessary. You must seek out a business that has a large support network and has the right leaders to follow. You must also look for an opportunity that has a compensation program that serves you of all your efforts, and last but not least, look for something that offers you residual income.
Five Tips for Selling at Live Auctions
Ah, the old-fashioned country auction! The idea of a country auction conjures up certain images for people. The image of a fast-talking auctioneer offering up an antique table or chair is a popular example.
People who are buying household goods or collectibles are looking to get their items at the lowest price possible. However, the people who are selling their items at auction are hoping for the highest price!
Unless a person is in the business of buying and selling antiques or other items, not a lot of thought goes into how goods are prepared for sale via the auction process. However, if you are one of the growing number of people using auction venues to sell your collectibles or other inventory, there are a few things to learn first about how to sell at auction before you bring a truckload of stuff over to the next event.
Tip 1: Make sure the things you want to sell are a good “fit” for the auction house you’ll be using.
Never bring a load to an auction house without actually having been to one of the previous auctions. It’s important to get a feel for the type of goods that the house sells. For example, at one very rural country auction it was common for the owners to sell live chickens, pots and pans, car parts, and farm equipment.
After close investigation, this would not be the right venue for selling your daughter’s “Hello Kitty” collection. On the other hand, the spare John Deere parts that you bought at last week’s yard sale might be just the right thing for the buying crowd at this auction.
Tip 2: Be sure you clearly understand the terms and policies of the auction house.
Visit with the auctioneer ahead of time. Call to find out what the best days and times are to visit. One of the worst possible times to drop in for an informational visit with an auctioneer is the day of the auction. Call ahead and ask. While you’re at it, find out what are the best days and times to drop your stuff off.
Once you have a little time with the auctioneer, you’ll be able to find out what type of commission he or she takes from consigners (which is you), and what type of paperwork might be needed. Some auction houses send out Form 1099 tax forms at the end of the year. An auctioneer may need to see your identification and have you fill out a W-9. Be prepared.
Find out what happens to your items if they don’t sell. For example, some auctioneers may have a minimum starting bid. If, for some reason, one of your items does not sell, it may be grouped with another one of your pieces. Know the auctioneer’s strategy beforehand so that you aren’t surprised on pay day.
Tip 3: Make sure the auctioneer knows what you’re selling.
It might be perfectly obvious to you that the signed print you are consigning is a rare and valuable piece of art. However, the auctioneer may not know this particular artist. Make a note of anything particularly special about your items, and leave the note with the piece. Be sure to tell the auctioneer about it as well. He or she might determine that this is something to highlight on the company website or in the newspaper listing.
Tip 4: Present your items neatly.
No one likes to have to dig through a box full of grimy and greasy car parts to see what treasures might be in there. Separate the parts and lay them out on a flat, or use more than one box to de-clutter the lot.
There is no need to buy fancy display boxes. It’s easy enough to go to the local convenience store or supermarket and ask if you can have the emptied boxes or flats that they are discarding.
While it’s good to present clean items, take care not to ruin the value of anything by over cleaning. For example, if you find some old cast iron cookware, clean the obvious dirt and grime, but don’t scrub it to its original finish. For many people, this ruins the value of the item. So, clean and tidy and organized is the key here.
Tip 5: Don’t complain to the auctioneer if your stuff doesn’t sell for as much as you’d like.
The phrase to remember here is, “You win some; you lose some.” That’s just the way it is. There are some days where an auction house is loaded with people who all seem to want what you’re selling. There will be other days where the crowd is sparse, and the bidding is simply not competitive.
Remember that it’s in the auctioneer’s best interest to sell your things for the highest possible hammer price. But sometimes, it’s just not going to be a stellar sale. The auctioneer is only human, and is also disappointed if a sale doesn’t go as well as planned.
If you notice that every time you bring a bunch of goods to sell that you’re not realizing as much as you think you honestly should, try another auction venue and compare apples to apples. That is, bring the same types of items to the new auctioneer and compare the results.
Unless the auctioneer is particularly disagreeable or inconsiderate to you or buyers, there is no reason to confront him or her about a sale. If you find you just don’t care for an auctioneer’s style or methods, find another one. Believe me, there are plenty of them out there!
The primary thing to remember as you learn how to sell at auction is that the business is unpredictable at best. You will have good days, some not-so-good days, some great days. The more you sell, the more experience you will gain, and the more enjoyable the business will be.