Your Home Business Coach Ezine 


Lena Sanchez

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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

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EDITORS' REMARKS
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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



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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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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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