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"Your Home Business Coach Ezine"
Published Tuesday & Thursday
Lena Sanchez - Editor
Click Here To Email
Lena
928-636-9425
Tuesday August 30, 2005
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Watch For A Natural Environmental Facts Sun., Wed, Friday
with Monday's Ask Lena Health Q &
A!
This Ezine is available by subscription only. Your
Home Business Coach does not make its list available to
third parties. All subscribe and unsubscribe information
can be found at the end of this issue. The Mission of this
Ezine is to help you grow in business and in health!
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=> IN THIS ISSUE!
============================
<> Editors' Remarks
<> Warning
<>Motivational Thought!
<> Win An Ad To Thousands!
<> Spotlight of the Day
<> Spotlighting a product/service/person
<> Business Tip
<> Advertising Links
<> Business Coach of the Day
<> Change Your Life Information
================
EDITORS' REMARKS
================
Greetings and thank you for being an
optin subscriber.
As the end of
the month comes sliding in and bookkeeping chores become
heavy I'm forced to multitask. Have you set your goals for
next month? If
not, how will you know when you hit success?
Being in business online since 1997 I can tell you that the big holiday season,
which is just around the corner I
find it time to get my holiday marketing going but even then
there is the usual slowdown because of all the shopping and
holiday preparations, so Karyn's article below is one that
can help you learn how to handle it and prepare for the
followup...
Do what you must to be successful as
long as it's honest, something you enjoy and doesn't hurt
anyone.
Lena
Reminder:
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======================
MOTIVATIONAL THOUGHT
======================
"If
a man has talent and cannot use it, he has failed. If he has
talent and only uses half of it, he has partly failed. If he
has a talent and learns somehow to use the whole of it, he has
gloriously succeeded and has a satisfaction and a triumph few
men ever know."
~ Thomas Wolfe, author
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==========================
BUSINESS TIP
==========================
10 Things To Do
When Business Slows Down Over The Holidays
I'm sure you've seen it
happen every year: your business slows down during predictable
times, like the summer vacation months or year-end holidays.
For the self-employed who rely upon steady cash flow, this can
be a disconcerting time. Should you just take a vacation until
things naturally pick up again? Or should you try to find the
needle-in-the-haystack business that might be out there during
slow times?
This year, vow to be different! Instead of languishing in
no-business-never-land, get off your butt and do something to
build the foundation of your business so that natural business
cycles don't affect you too deeply:
1. Clean your office. Go through all the piles of papers and
magazines that have been sitting around and get rid of them once
and for all. Remember the office organizing mantra: do it,
ditch it or delegate it. File all your papers, dust and vacuum
your office. Reorganize your desk and your office so that you
can find everything you need in 60 seconds or
less.
2. Take a mini-vacation from work. Walk away from your office
and enjoy a day or two of renewal and relaxation. Go to a day
spa. Take a weekend retreat. Go for a walk in the local park.
Breathe.
3. Get ready for tax season. If your business slows down
during December, no worries! Use that time to prepare your tax
files so that you can whiz through tax season (it's coming
sooner than you expect!). Tally business-related mileage for
year. Estimate your last tax payment for the current year (many
self-employed people make quarterly estimated tax payments; the
final payment is usually due on January 15). Send your final
invoices for the current year.
4. If the slow time falls around the holidays, use them to your
advantage. Get into the holiday spirit with your clients by
mailing holiday cards and gifts to them. Make
specially-discounted holiday offers to clients/customers. Offer
them gift certificates that they can give to their family and
friends for your services and products.
5. Do your accounting. Enter all revenue and expenses into your
recordkeeping system. Balance your checkbook.
6. Become goal-oriented. Take this down-time to look at your
current goals, to see how you're doing so far and to write some
new goals for the next 12 months. Create an updated marketing
plan and budget. Make sure your budget includes a cash reserve
to cover you during slow business times. Even if this business
slow time falls mid-year, you can still spend time planning for
the next 12-24 months.
7. Go back to school. List the topics you'd like to study, the
classes you'd like to take, or the books you'd like to read, to
keep you up-to-date with your industry and business skills. Use
your quiet business times to read, study and add to your
intelligence pool.
8. Get some personal chores done. Slow business times are
ideal to schedule your annual dental and eye exams. It's also a
great time to clean out the attic, garage or basement.
Remember, a strong personal foundation helps to propel your
business forward.
9. Go shopping. No, not for personal items (though that's
always fun!), but for business items. Have you been putting off
buying a new PC? Now's the time to research what's out there
and determine your next computer purchase. Is your office chair
uncomfortable? Spend some time at office furniture stores
"butt-testing" for a quality office chair that will support you
properly. Stock up your office supplies. Buy some music CDs to
play in your office to inspire you.
10. Spend time with family and friends. When business is busy,
it's easy to sequester yourself away to get all that work done.
Now that business is
slow, come out of your cocoon and visit with family and
friends. They've been wondering where you've disappeared to!
As you can see, slow business times can be used productively to
prepare you for the next burst of business coming your way.
Renew your business, your office, your Self, and create a firm
foundation for the busy business days ahead! Always ask
yourself, "How can I use these days wisely?"
© 2004 Karyn
Greenstreet. Karyn Greenstreet is a Self Employment expert and
small business coach. She shares tips, techniques and strategies
with self-employed people to boost clarity and focus, create
sustainable motivation, and increase sales and profits. Visit
her website at
www.PassionForBusiness.com
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BUSINESS COACH OF THE DAY
===========================
Twilight of
Our Life
Many retired folks are living on a fixed
income, and in many cases have fewer financial resources
then they envisioned before retirement. There were a number
of contributing factors that contributed to this. Some who
worked for companies that went "belly up" and lost their
pensions, and others who had heavily invested in the dot.com
companies saw the value of their stocks plummet.
Some lost their jobs due to outsourcing. Others, such as
pilots in the airline companies that were facing financial
difficulty, were arbitrarily fired. Now, according to my
sources, the average check flight to familiarize experienced
pilots to a larger aircraft takes about an hour and a half.
Senior pilots, who were also the highest paid, were forced
to upgrade. They were given a test that lasted about four
and a half hours. In other words, they were tested until
they made a mistake, no matter how minor, were fired, and
replaced with lower paid pilots.
The airline story is not uncommon in many industries. One
company that I did consulting for, fired all their top
executives and replaced them with lower paid, lesser skilled
employees. This company went from the leader in online
services to a minor player today.
Another fellow, a former WorldCom employee, had a 401(k)
retirement plan that was worth more than $200,000 and
another $200,000 in stock options. When the bottom fell out
of WorldCom his stock options became worthless and his
401(k) dropped to $10,000.
Whatever the reason, more and more people approaching
retirement age, found themselves in the ranks of the
unemployed. Only 1 in 14 people will retire on a comfortable
income. Looking for an alternate source of income, many
turned to the Internet to help fill this financial void.
Little did they know that they were "fair game" for the
scamsters that abound in hyperspace.
Enough of this "doom and gloom."
There are plenty of opportunities to generate income on the
Web. While Affiliate Plans and M-L-M's seem attractive on
the surface, unless you are prepared to work them as a full
time job, you will not make a whole lot of money.
What you need to find is a niche market. The best bet is to
sell information, a product or a service. The key is to find
a niche market and try to sell something that is not readily
available elsewhere.
An avid gardener in Upper New York grows herbs in her
garden, packages and sells them over the Internet. One
retired teacher writes "how to" articles, and another buys,
sells and trades stamps. A former automobile mechanic has
written articles on "easy to do" repairs that anyone can do.
A salesman and his wife travel to Costa Rica and buy jewelry
and religious articles for pennies on the dollar. His wife
learned some basic web building techniques because of their
need to have a website, and turns a tidy profit doing web
design for other people.
Almost everyone has something that they do very well. While
most people don't earn enough to make this their sole source
of income, they do supplement their earnings to make a real
difference in their life style. A few hours of work a day,
doing something you enjoy, can make a real difference in the
twilight of your life.
-----
Did you know that subscribers to Bob Osgoodby's Free Ezine
the "Tip of the Day" get a Free Ad for their Business at his
Web Site? Great Business and Computer Tips - Monday.
Wednesday. And Friday. Instructions on how to place an ad
are in the Newsletter. Subscribe at:
http://adv-marketing.com/business/subscribe2.htm
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Change
Your Life Information Found Below!
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======================================
The Editor holds no responsibility for
URL's being correct or incorrect. Ads are simply copied and pasted as
submitted... We have accepted all advertisements in good faith, but the advertisers are completely responsible for the content and accuracy of their advertisements. We do not give any warranties and accept no
responsibility. The editor and publisher suggest that you exercise due diligence!
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
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We have accepted all advertisements in good
faith, but the advertisers
are completely responsible for the content and accuracy of their
advertisements. We do not give any warranties and accept no
responsibility.
The editor and publisher suggest that you exercise due
diligence!
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