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Business Team Building Strategy In the Jungle
"Tak kenak! Tak kenak!" "Adak Orang sanak!…………"
The quiet jungle has suddenly become noisy with intruders.
Strange voices and shouting seemed to appear all around us.
They were definitely foreign. We were being attacked!
We had been...
How To Be Associated with a Successful Business Product
There are a lot of Network Marketing companies out there, especially with the advent of the internet, and its marketing schemes. Everywhere you look, you hear people saying, “Get paid for reading emails!”, “Get money for traffic to your site”, “Get...
How To Start A Profitable Home-Based Business
These days, it's becoming increasingly more difficult to make ends meet with just one source of income. Thus, more and more people are investigating the possibilities of starting their own extra-income business. Most of these part-time endeavours...
The Benefits Of Incorporating Your Business
What do General Motors, Microsoft, AT&T and many other major businesses in America have in common? They’re corporations. A corporation is a separate legal entity that functions separate and apart from its shareholders or owners. You can...
What You Must Know When Marketing Your Business
Marketing is both an art and a science. Anyone who says differently probably isn’t doing very well marketing his or her business. On the art side, intuition definitely plays into the equation. On the science side, it is about systems,...
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Guidelines For The Ideal Home Business
There is bad news and good news in starting a home business.
The bad news is 95 % of all new businesses fail within a short time.
The good news is the home business industry has reached $427 Billion annually, and is growing at an amazing rate. And, 80% of all millionaires today are self made.
So, there is a chance your home business will succeed but only after you have given careful thought as to what that business will be.
Here are some of the attributes of an ideal home business that will improve your chances of success.
The Ideal Home Business:
1- Sell to the Entire World
The ideal business must have an unlimited global market, not just local or regional exposure.
2- Is not cyclical
Your product/service does not rely on cycles to be in demand. The demand is constant, regardless of time, or price.
3- Product is Original
Your product must be unique. It cannot be easily substituted or copied.
4- Minimal Labor Requirements
A large portion of capital is not tied up in high labor costs.
5- Low Overhead
Total overhead cost must be minimal. No high priced rent, power, labor, shipping, etc.
6- Does Not Require a Large Cash
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Outlay
The ideal business does not tie up capital in all kinds of equipment.
7- Cash Only
The business should be cash only. No money is tied up, or lost, in accounts receivable, and bad debts.
8- Free of Government Regulations
No business will ever be 100% free of all government regulations, but these should be kept minimal.
9- Portable
The ideal business should be easy to relocate, and can be operated from anywhere in the world.
10- Intellectual Satisfaction
It must be a business that challenges your intellect in order to provide self-satisfaction.
11- Free Time
The ideal business should allow you to have lots of free time for other interests that are important to you.
12- Unlimited Income
Your income is not limited to your direct output. In other words, you work less...but earn more.
13- Easy to Learn
The ideal home business should be one that is fairly easy for an ordinary person to learn, no matter what their age, or level of education.
So far I have found only one business that fits the above criteria, and that is trading the futures markets.
About the Author
Rob Hall is a successful futures trader, President
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