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Archive for the ‘Entrepreneurs’ Category

One entrepreneur who has surpassed a lot of hardships and trials in life, and who also accomplished rewarding success overtime is Mr. Reza Bundy. With years of experience focusing on business and in the field of investments, he was able to put up his own corporations. These companies cater to the global market, the first is IronPlanet, and the second is Mota. Both these big names are recognized globally, IronPlanet is an online auction house that consists of various heavy machineries and other types of equipment to be used for construction purposes.

Reza Bundy started to focus on making IronPlanet the best provider for heavy machineries, and because of his hard work it became the leader in online inspection-based marketplace that focuses on used capital good market that are priced at 100 billion dollars. This company has worked with a lot of big corporations; he got investments from Caterpillar a worldwide brand, Komatsu, and one of the best automobile manufacturers Volvo.

While Reza Bundy is busy in handling his business IronPlanet, he continued to expand his knowledge by doing research and several evaluations regarding investment opportunities at Bain Willard Companies. He served as a lead research analyst at Bain & Co. but even before working here, he also went to the Economist Intelligence Unit for more work. He also worked for ABC News in London and at The International Herald Tribune, and this just proves how hardworking and productive he is, he continues to strive hard to achieve his goals and dreams, and to also serve as an example for many young entrepreneurs.

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If you save money, the money will save you

The problem with most peoples finances today is that they are not getting enough income to satisfy their needs and wants. People are naturally going to buy things they want even if it means spending more than they have (credit cards), and they know in the back of their minds that they cant afford it, but they will get it anyway. I think people will develop their own budgeting scheme when their income meets their wants then they will be budgeting masters, all by their selves. But till then there will ALWAYS be people in debt no matter how much you preach!

I think a solution to some people money problem is to teach them how to make extra money first, and then teach them how to budget and save it. Americans really don’t want that much; it is the hobbies that get people in trouble, bills, spending too much on golf clubs, car parts, computers, things around the house etc.

I don’t know about you but this is how I feel about life. Right now, I am working a 9 to 5 job making $3200 monthly. I don’t want to be stuck knowing that I will be ‘working’ for the rest of my life, taking orders from bosses, putting up with BS and other peoples attitude, having to get up in the morning when I want to sleep in and that fear of getting fired. Currently, I am in this situation but will not be soon. There are people right now making well over $20,000/monthly working for their selves and they are everyday people that you see walking their dog, in supermarkets or even that person arguing with the McDonalds cashier. If these people ever do go back to work for someone else they can do it “stress free” even if the job is stressful (think about that).

Before, you can work for yourself you have to decide one thing: If you really want that responsibility. If you said yes, you have gotten over the biggest hurdle and you will not be limited to the income your employer is giving you. I know what I am about to say will be over simplistic but I will save the details for you to research on your own. Here is a breakdown

1st: determine if you really want self-employment
2nd: decide what area of business you want or good at.
3rd: If step 2 requires money, their are program out there that can help you get started in internet business, selling or something else before you start in what you want to do. For example, “I want to own a photography shop but it costs $10,000 to get started. Well, if I sell product A for a year I can do it”. You never know, whatever you get into before your dream business may make you $50,000 a month and you may forget all about that photography shop. I can help you here too.
4th Research, research and do more research. Find out what you competition is. Find out how much money they are making. Find out where they are advertising. Find out what it takes to get started. Find out where your customer are etc, etc, etc..research
5th EXECUTE!! I mean once you have confidence go do it.

They say that 90% of home businesses fail for the first time. And you may fail, but all you have to do is try and try again, please don’t give up. Believe me, you will get it right and when you do, you will be very successful. The percentage of people who fail for the second and third time is much lower than the first timers. Well sorry to talk yall half to death, I can go on and on about this stuff.

Majority of people are trapped in the rat race having jobs working for others but do not know how to get out. This article offers a way out to achieve freedom through earning passive income. Internet business is recommended because it is exciting, rewarding and best home based business. Tips are given that are designed for professional business working from home.

If you’re given a choice of making $500 as a one-time payment OR getting only $100 but paid this amount every month for 20 years if not for life, which would you choose?

If you work only once and get paid many times over, you’re earning a RESIDUAL INCOME. Of course you’d choose the latter.

Elvis Presley today “continues” to earn residual income even after death because his records continue to “work” for him due to continued demand from his fans.

Therefore it goes without saying that in order to build wealth, you need to tap into RESIDUAL INCOME.

Very often this is also referred to as “PASSIVE INCOME” because you could afford to be passive or non-active (i.e. not having to work) and still continue to receive income.

If you’re like most people, you’ve been conditioned your whole life to think about income as a process of trading time and effort for money. Like the majority, you have been brought up to have only one major objective in life – JOB! Incidentally, if you don’t already know, to many, JOB stands for “Just Over Broke”.

You work hard in schools so that you could get good grades to advance to colleges and universities where you work even harder so that you could get a good and secured JOB. Once you’ve got the jobs you want, you continue to work very hard in order to maintain them and to climb the so-called organizational ladder of success.

As a result, many have fallen into the trap of the RAT RACE and you know very well you can’t afford to stop because if you did, so would your income!

Although some of us could be drawing quite a handsome income, we’re not truly “wealthy” because we’re not free to do what we want and when we want with our money.

I’ve heard of many sad stories of “rich” EMPLOYEES not being able to spend badly needed valuable time with members of their families who’re sick in hospitals because they could not afford to be away from their place of work for too long as their services are urgently required by their employers. Doctors could not even really relax and enjoy a long vacation for fear of the loss of income or patients while their clinics remain closed.

Can I really have PASSIVE INCOME? You might ask. Indeed you can!

About 60 million people have access to the Internet – and yet it is still in its infancy. Every month millions of newcomers and thousands of businesses are reported to be setting up online. With this huge and expanding audience coupled with the fact that marketing and advertising can be done on the Internet so easily and at only a fraction of the costs of traditional methods, we now have a fantastic opportunity to be successful in online business.

Many companies have now aligned themselves with the Internet which has created many new paradigms in the past few years. Residual Incomes are made available to people from all walks of life. You can now make money online with simple and proven formula used by many to earn multiple streams of residual income.

However don’t believe what you’ve heard or seen in the Internet. Scepticism is encouraged because there are some dishonest people creating a lot of hype, unfulfilled promises and scams going around the Internet.

Fortunately however, these are the exception, rather than the rule. You must be able to feel absolutely confident about using the services offered by “Internet Business Gurus” to help you make money online before you sign up. If you have any slightest doubt at all, drop it and move on to another.

There’re many who belong to reputable organizations such as iCop™ and Better Internet Bureau™ as part of their commitment to uphold the highest business and ethical standards possible.

Many programs are designed for newbies who have no time or interest to learn HTML, Java, PHP and ASP. With a simple Control Panel, you’re only a few clicks away from having a complete and professional website to start your online Internet home-based business!

You need not have sleepless nights worrying about programming, web or graphic design, scripts, or content and product creation. Further more, with some programs such as AFFILIATE PROGRAMS, all the order processing is handled behind the scenes on your behalf. This includes credit card authorization, order fulfilment, product shipping, and customer service.

Also, there’s no worry about inventory. There’s no staff to hire and pay, no merchant accounts to set up, and no costly and time-consuming application process for licenses and permits to go through.

You have a website which sometimes could be created free of charge. It captures visitors automatically and follows up with them 24 hours a day and 30 days per month for 365 days a year! Your visitors’ names and email addresses are automatically recorded for you and follow-up automatically with a pre-written email marketing campaign.

However, like any ventures earmarked to be successful, you need some planning and consistent effort.

To help you in this effort, here are a few guides you can follow in order to develop good habits for achieving your goals:

PLAN YOUR WORK AND WORK YOUR PLAN
Like any other forms of work, you must have a plan for your Internet business. Set an achievable short term, medium term and long term objectives, prepare a budget and stick to them as far as possible. Carry out periodical checking to determine any deviations from the plan and take the necessary remedial actions.

BE ORGANIZED
You need to download a lot of software, ebooks or PDF books from specific individuals or organizations for your continued education. You’d have a lot of contacts which could be your potential leads or customers. Chances are that you’d belong to many membership sites that require passwords which are first cited in their “Welcome” letters.

You therefore need to have a systematic procedure to keep all these vital information and data in the right and proper folders for quick and ease of retrieving. This would prevent loss of time and undue frustration.

You could create a simple HTML home page of your own with hyperlinks to all the important websites. This could be kept in your desktop for easy access

BE FOCUSED WITH CONCENTRATION:

Although this is a home based business with all the freedom in the world, it’s prudent to have some form of discipline.

Once you’ve decided to sit in front of the computer to start working online, you must stay focused and do not allow any distraction to affect your concentration. Treat it as your business and not a hobby. It’d be nice to stick to a schedule which is also made known to other members of your family so that they’d know when to leave you alone.

However do not get carried away and spend too much time in front of your PC because your loved ones, including your pets also deserve your attention and time.

BE CONSISTENT
You’d be tempted with countless of seemingly very attractive offers and promises from the Web to help improving your business. Do not fall into the trap of some of these promises. Just stay with a handful of strategies that work and stick with them.

For example, if you’re submitting articles to drive free traffic to your sites and it’s showing positive dividends, stick to it and continue with this strategy while improving and fine-tuning others.

IF FAILED TRY AGAIN
Like any other conventional businesses, there’d be time when you’d encounter failures and disappointment. Do persevere as this is not a get-rich-quick scheme. It takes time to see the fruit of you effort although it’d definitely come. Use any failures to your advantage by learning from them. See success in every failure and opportunity in every threat.

”Intention decides what you want but action determines what you get”. Please persevere with your action and don’t give up.

I wish you all the best in your Internet journey towards the continued flow of PASSIVE INCOME!

Here are some new product ideas for things yet to be invented, or innovations yet to be tried. Why don’t you be the inventor or innovator? Help yourself. There are no patents on the following ideas as far as I know – but do your patent research, of course.

1. A pavlovian dog calling device. The scientist Ivan Pavlov trained dogs to salivate when a bell rang – simply by ringing a bell whenever they ate. Imagine a small beeper on your dog’s collar. Each time you feed him you first start the beeper with a radio-control device. Soon all you have to do to get him to come running for the kitchen is push that button and make the device beep.

A range of up to a mile would be nice for calling the dog home. The technology for this is already here, waiting to be put together, but would people buy it? I think so. It’s interesting, useful, and new product ideas for pets are always in high demand lately.

2. The Innovation Game. This is a competitive innovation  teaching-game, to help develop the players creative skills. Cards challenge players to invent something (on paper) based on certain criteria. For example, a card might require players to combine two concepts in the most innovative way. All the various problem solving techniques would be exercised using these cards.

One problem to overcome in developing this game is the competitive aspect. How would results be judged to determine a winner? Perhaps the game would have to have a volunteer sit out during each round, to function as a “judge” and award the points.

3. Better pedal boats. The pedal boats you see at many parks are designed so that two people can pedal them around a pond or lake. However, if you have ever tried one, you realize that they are less fun than they appear. This is mostly because they are slow.

A better pedal boat would be in the shape of a torpedo. The point is to create something that glides through the water more easily. Even if it is to hold more than one person, the users could be in a line, instead of next to each other, for better streamlining. Make one that can actually hydroplane and everyone at the beach will want to try it out.

4. Underwater treasure hunting camera. With all the new interest in metal detectors and treasure hunting, this is a natural. Years ago there was a treasure hunter who regularly found guns, money and more in murky rivers, using a tube with a plexiglass glued over one end, and a light strapped to the outside. He held the device near the bottom of the river and was able to see what was there.

What could be better than this? A small camera, especially now that the technology has developed smaller components. It could be lowered to great depths from any boat or dock. A motorized “claw” at the bottom might make it especially useful and interesting to those of us who like “toys.”

5. Glue-on soles. (Some of you who don’t hike might not relate to this one.) Blisters are caused by the friction of your feet sliding and rubbing on the inside of your shoes. A good non-heat-conducting sole, glued to your foot, could slide in that shoe all day while your feet were prevented from getting blisters, since the bottom of the foot itself wouldn’t rub against anything. That is the essence of “New Soles,” the newest in foot protection.

Before writing this new product idea off as too weird, remember that we glue fake teeth into our mouths. A similar glue might do the trick, and these glue-on soles would be for very specific markets – like long distance hikers and runners. Of course, there will have to be a simple way to remove them too.