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Digg it UP - When NOT To Invest In An Online Business
Effective Recognition: A Conversation with Management Consultant and Author Cindy Ventrice You get the message – DON'T invest in an online business when you're emotionally charged. That's exactly what internet marketers WANT you to do! I know it's hard to do but channel all that energy and frustration into research instead. Do it as if your life depended on it - and it probably does. Be ruthless in your fact-finding. Be objective in what you read and hear. Be merciless in rooting out potential SCAMS. Give yourself some breathing space, do your homework and when you find an online business that you are confident about, JUMP IN! Go into it with all your heart and don't stop till you've reached your goal!Cindy Ventrice is a management consultant and workshop leader with over 20 years of experience in a wide range of industries. She spoke to dozens of company managers in compiling the tips that make up her book Make Their Day! Employee Recognition That Works. In this interview she provides guidance for owners and leaders to assess the quality of their current recognition programs and identifies the traits common to leaders offering effective employee recognition.What can Until then, I've said it before and I'll keep on saying it – the Online Business Pie is growing everyday. There is ENOUGH FOR EVERYONE plus more to s Focus On the Prize A friend of mine, Joe (not his real name) recently asked for my opinion about investing in an online business. He had found his "fantastic" money making opportunity on the Internet. Joe was thinking of investing a substantial amount. All he had to do for this "online business" was view a couple of websites a day and he would be paid a percentage of his investment every month. He said some people were making thousands every week! When I heard this, red lights flashed in my mind and they were screaming "SCAM! SCAM! SCAM!"People talk to me about making personal and professional changes in their life. I hear comments about how hard they think it will be, concerns about their ability to be successful, pressure on themselves to produce results, etc. The anticipation (what you imagine or assume will happen) of the experience can be daunting enough to deter a person from taking the first step! How often does the anticipation match the reality of what happens? If your thoughts and emotions are getting in the way of what When he had finished telling me about the "investment", I asked him two questions: "Don't you think it sounds too good to be true and have you done any background research into this?" Joe said he did do some checking and although he found a fair bit of criticism about this "investment" on a couple of online forums and chat rooms, he was still willing to invest and see if it worked. I then asked, "Joe, you sound desperate. Is everything OK with your business?" The truth finally came out. Joe's business had folded about a month earlier and YES, he was desperate. I advised him to hold on to his money – that he would need all his money to help him and his family through the tough time ahead. I offered walk him through starting an online business if he really wanted to – just not this particular one. This wasn't the first time someone had asked me about such "investments" when they were in the midst of a crisis. Desperate people resort to desperate measures. It's so very easy to believe what you read on the Internet. The web is filled with millions of sites that guarantee you riches if you will just make a "minimal investment". The cold, hard fact is that there are many irresponsible internet marketers out there who prey on the weakness of desperate folk, getting them to part with their money – which is a precious commodity when you're jobless – to make themselves rich. Most people fail to realize that in many ways, an online business is like a regular business. It takes time and effort to build it into something successful. It definitely does not happen overnight the way many internet marketers would have you believe. After all, if they told you the truth - that it DOES take time and effort - would you part with your money so easily? Here are some examples of when you should AVOID investing in an online business: •When you've just lost your job or source of income. The sense of desperation leads many into rash decisions that they soon regret and they are left much poorer! •When you're all hyper after discovering that one-in-a-million opportunity which needs your response A.S.A.P because "places are limited". •When you've had a bad day at the office, and you've been grilled by your boss and you want out – NOW! •When you read or hear someone tell you how "easy" it is to make tons of money on the internet and they want you to join them – NOW! •When you suddenly find yourself in a financial crisis. •When you've just quarreled for the thousandth time with your wife about money. You get the message – DON'T invest in an online business when you're emotionally charged. That's exactly what internet marketers WANT you to do! I know it's hard to do but channel all that energy and frustration into research instead. Do it as if your life depended on it - and it probably does. Be ruthless in your fact-finding. Be objective in what you read and hear. Be merciless in rooting out potential SCAMS. Give yourself some breathing space, do your homework and when you find an online business that you are confident about, JUMP IN! Go into it with all your heart and don't stop till you've reached your goal! Until then, I've said it before and I'll keep on saying it – the Online Business Pie is growing everyday. There is ENOUGH FOR EVERYONE plus more to sp Starting An Ebay Business - Step-By-Step Instructions On The Best Products To Sell - Business Name r bit of criticism about this "investment" on a couple of online forums and chat rooms, he was still willing to invest and see if it worked. I then asked, "Joe, you sound desperate. Is everything OK with your business?" The truth finally came out. Joe's business had folded about a month earlier and YES, he was desperate. I advised him to hold on to his money – that he would need all his money to help him and his family through the tough time ahead. I offered walk him through starting an online business if he really wanted to – just not this particular one.The first step is brainstorm which product you will be selling. The key is uniqueness. Starting out, you probably do not have enough money to be purchasing iPods in bulk quantity, so if you start to sell iPods you’ll probably have lost before you have even begun.Bigger competitors who can buy in bulk can survive with smaller profit margins and they will beat you out. However, if you have a craft or hobby that is unique, there is likely to be little to no competitors. Therefore, you can This wasn't the first time someone had asked me about such "investments" when they were in the midst of a crisis. Desperate people resort to desperate measures. It's so very easy to believe what you read on the Internet. The web is filled with millions of sites that guarantee you riches if you will just make a "minimal investment". The cold, hard fact is that there are many irresponsible internet marketers out there who prey on the weakness of desperate folk, getting them to part with their money – which is a precious commodity when you're jobless – to make themselves rich. Most people fail to realize that in many ways, an online business is like a regular business. It takes time and effort to build it into something successful. It definitely does not happen overnight the way many internet marketers would have you believe. After all, if they told you the truth - that it DOES take time and effort - would you part with your money so easily? Here are some examples of when you should AVOID investing in an online business: •When you've just lost your job or source of income. The sense of desperation leads many into rash decisions that they soon regret and they are left much poorer! •When you're all hyper after discovering that one-in-a-million opportunity which needs your response A.S.A.P because "places are limited". •When you've had a bad day at the office, and you've been grilled by your boss and you want out – NOW! •When you read or hear someone tell you how "easy" it is to make tons of money on the internet and they want you to join them – NOW! •When you suddenly find yourself in a financial crisis. •When you've just quarreled for the thousandth time with your wife about money. You get the message – DON'T invest in an online business when you're emotionally charged. That's exactly what internet marketers WANT you to do! I know it's hard to do but channel all that energy and frustration into research instead. Do it as if your life depended on it - and it probably does. Be ruthless in your fact-finding. Be objective in what you read and hear. Be merciless in rooting out potential SCAMS. Give yourself some breathing space, do your homework and when you find an online business that you are confident about, JUMP IN! Go into it with all your heart and don't stop till you've reached your goal! Until then, I've said it before and I'll keep on saying it – the Online Business Pie is growing everyday. There is ENOUGH FOR EVERYONE plus more to s Creating a Marketing Timeline That Works: 17 Simple Ideas for Marketing Your Small Business he Internet. The web is filled with millions of sites that guarantee you riches if you will just make a "minimal investment". The cold, hard fact is that there are many irresponsible internet marketers out there who prey on the weakness of desperate folk, getting them to part with their money – which is a precious commodity when you're jobless – to make themselves rich."Goals are dreams with deadlines." -Diana Scharf HuntWhen clients come to me for marketing help, the first thing I ask is, "What's your plan?" If I'm greeted with a blank stare, then I know we have work to do!In order to set up a great marketing strategy, you need to write it out in black and white. I highly recommend a 12-month plan, which you can set up in your favorite spreadsheet program. Using a computer will allow you to easily move tasks around as the months pr Most people fail to realize that in many ways, an online business is like a regular business. It takes time and effort to build it into something successful. It definitely does not happen overnight the way many internet marketers would have you believe. After all, if they told you the truth - that it DOES take time and effort - would you part with your money so easily? Here are some examples of when you should AVOID investing in an online business: •When you've just lost your job or source of income. The sense of desperation leads many into rash decisions that they soon regret and they are left much poorer! •When you're all hyper after discovering that one-in-a-million opportunity which needs your response A.S.A.P because "places are limited". •When you've had a bad day at the office, and you've been grilled by your boss and you want out – NOW! •When you read or hear someone tell you how "easy" it is to make tons of money on the internet and they want you to join them – NOW! •When you suddenly find yourself in a financial crisis. •When you've just quarreled for the thousandth time with your wife about money. You get the message – DON'T invest in an online business when you're emotionally charged. That's exactly what internet marketers WANT you to do! I know it's hard to do but channel all that energy and frustration into research instead. Do it as if your life depended on it - and it probably does. Be ruthless in your fact-finding. Be objective in what you read and hear. Be merciless in rooting out potential SCAMS. Give yourself some breathing space, do your homework and when you find an online business that you are confident about, JUMP IN! Go into it with all your heart and don't stop till you've reached your goal! Until then, I've said it before and I'll keep on saying it – the Online Business Pie is growing everyday. There is ENOUGH FOR EVERYONE plus more to s Keeping Your Translation Business Organized les of when you should AVOID investing in an online business:One of the methods that translators use to find new business is to contact translation agencies. Usually there are two different methods that translators can use when contacting these agencies.One of these methods involves registering with the translation agency as a translator, usually through a form on their website. The agency typically wants to know the language pairs of the translator, any specialization the translator has, as well as the experience and training of the translator. The o •When you've just lost your job or source of income. The sense of desperation leads many into rash decisions that they soon regret and they are left much poorer! •When you're all hyper after discovering that one-in-a-million opportunity which needs your response A.S.A.P because "places are limited". •When you've had a bad day at the office, and you've been grilled by your boss and you want out – NOW! •When you read or hear someone tell you how "easy" it is to make tons of money on the internet and they want you to join them – NOW! •When you suddenly find yourself in a financial crisis. •When you've just quarreled for the thousandth time with your wife about money. You get the message – DON'T invest in an online business when you're emotionally charged. That's exactly what internet marketers WANT you to do! I know it's hard to do but channel all that energy and frustration into research instead. Do it as if your life depended on it - and it probably does. Be ruthless in your fact-finding. Be objective in what you read and hear. Be merciless in rooting out potential SCAMS. Give yourself some breathing space, do your homework and when you find an online business that you are confident about, JUMP IN! Go into it with all your heart and don't stop till you've reached your goal! Until then, I've said it before and I'll keep on saying it – the Online Business Pie is growing everyday. There is ENOUGH FOR EVERYONE plus more to s Innovation and Culture: Necessity isn't the Mother of Invention - Culture is! You get the message – DON'T invest in an online business when you're emotionally charged. That's exactly what internet marketers WANT you to do! I know it's hard to do but channel all that energy and frustration into research instead. Do it as if your life depended on it - and it probably does. Be ruthless in your fact-finding. Be objective in what you read and hear. Be merciless in rooting out potential SCAMS. Give yourself some breathing space, do your homework and when you find an online business that you are confident about, JUMP IN! Go into it with all your heart and don't stop till you've reached your goal!Necessity once was thought to be the mother of invention. Why? Because it makes us want to innovate – or actually, need to innovate. However, most of us are already motivated. As workers in the Age of Ideas, we love to innovate, right? What we need is an environment where innovation comes naturally, where there are no unnatural blocks to our urge to create.Organizationally speaking, our environment is the organization’s culture - an all-pervasive force that shapes our individual expectations Until then, I've said it before and I'll keep on saying it – the Online Business Pie is growing everyday. There is ENOUGH FOR EVERYONE plus more to spare! It's not going to just disappear one day so don't worry. When you're ready, you can dig in and enjoy your slice of the pie too – Cheers!
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