The Role of Vocational Education in India

Let us analyse as to what is the purpose of any education. Education is what makes us into good human beings, honest, loyal citizens and, above all, makes us fit for a livelihood. This being the basic purpose of education, we, in India have failed to provide the relevant education to our children in the past fifty years and more. When all the basic rewards of education are not forthcoming, we have to understand that our education system has failed.

Even since 1947, educational institutes have increased by leaps and bounds in numbers but, seeing the turnout of these educational houses, 90% of the children do not fit into any of the above mentioned norms or measurements of a good education. Seeing the children, we can easily find out that neither they are good human beings, nor are they loyal citizens and most of all, they are not even capable of earning a livelihood. Then, let us ask our educationists as to what have they planned for the future of India, by giving this education to the budding generation.

This is the result of bad and haphazard planning on the part of the educationists. We have increased institutions of education in number but have failed to lay any stress on the quality of the education that these institutes impart, or the subjects we teach. We are still following the subjects of study introduced in our curriculum by the British rulers which have lost their significance for us today being free Indians. This is why this bankruptcy of achievement by our educated children. Besides a lop-sided curriculum, we have neglected our primary education and pampered the higher education, which has led to a vacuum in the basic literacy standards. Even our colleges which have had a mushroom growth in the last five decades, are turning out plain and simple graduates and post graduates who are absolutely unemployable when they come out of their colleges.

Instead of increasing the numbers of colleges for general studies, it would have been better if we had introduced more of vocational centres and institutes for the large masses of children coming out of schools. If we had done this, when the children left school, they would have some skill to join an institute and then to get a job in that skill. Even at the school level, it would be more appropriate if the wards were taught some skill like painting, drawing, clay modeling etc., which be a part of the syllabus. They could have it as an extra – curricular activity which they would enjoy and at the same time get groomed for the skill. These children, as they enter college they can start learning repair and mechanical jobs etc. This process would enable the students to develop some skills and also show their aptitudes. For these children college would be their vocational centre. These centres could, at a higher level also give degrees or diplomas in the skills of the study. Such institutes are the Indian Institute of Technology which do train the students to achieve some skills but they are too few, and plain colleges are too many. So, the result is that trained people who are employable after studies are a very few, and the unemployable masses are too large a number. Training institutes like the Indian Institute of Technology could give graduation degrees and even post graduation degrees to the children, then the picture would be the reverse of what it is today. There would then be more employable turnout, and less of unemployable masses.

The system to be built up will spread the right type of education and guarantee to the children a basic livelihood, once they come out after completing their education. With the establishment of vocational college for different vocations, the trend of our educational system would be put on the rails, and it could be expected to be fruitful. In these fifty years of independence we have only succeeding in turning out rowdy, in disciplined and unemployable youth. Once they get vocational education, their main aim of getting employment will be fulfilled and so, there will also be less of rowdyism from them, as they will be settled. It will be good for the country also, for the masses of the young will be in a position to join the mainstream of nation building as soon as they come out of their education outfit.

Regarding imparting on the children the know how of loyalty and good citizenship, this must be inculcated in the small children in the very primary stage, as that is the time to learn the finer things of life. Our schools have lost track of this essentially of education, somewhere in these decades. Values are to be imbibed in the very young, so our educationists must catch them young to teach discipline love and loyalty. If this is done at a very early age, then the roots cannot be removed, and we will have a stock of balanced – well – behaved youth rather than the ill – behaved youth that our institutions are presently producing.

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Starting a Home Based Business: Be the Boss You’ve Always Wanted

When you are finally tired of your boss and the daily grind, you will start to seek other ways to make a living. The one thing that most people have in common is that when they are tired of one boss, they surely don’t want to think about having another one. This is when starting a home based business becomes an option for them. This is when they consider being the boss.

There is a sense of pride that one has when they can say that they work for themselves. A feeling of success, no matter how big or small the business is, because they make the choices and sign their own checks. Starting a business of your own is actually easier than people think. All it takes is a little time and dedication to get you started.

Product Sales
One of the first thoughts that people have when they think of starting a home based business is product sales. Becoming a distributor of goods such as cosmetics, nutritional items or consumable is usually where they start. This can be a very lucrative home based business with the right amount of effort, marketing and promotion put behind it. One of the benefits of a home business of this nature is that many of these programs a structured in tiers; allowing the owner to create a team that will work for them. The owner will not only collect revenue from their own sales, but from the sales of their team members as well.

Online Stores as a Reseller
Another option to look at when starting a home based business becomes an option is opening an online store. The impression that most people have is that they have to have goods and services of their own to sell. Truth be told, as a reseller; an online store can be stocked with goods and services of another company. The online store only serves as a point of sales location, so to speak. Buyers will place their order through the online store. Everything else is then handled by the parent company. The store creator is paid via commission from each sale.

Office Support Services
Physically being in an office is not mandatory to do office work. A person who is computer savvy, with the proper equipment can offer office support services from home. This is a great way to use the skills that are already there, to make money at home. If a person has a computer, 3-in-1 printer and an email address, there is no reason to punch a clock outside of the home. The right type of marketing and promotion of skills and services, can lead to very lucrative contracts. And because it’s self-employment, the individual can work for as many people as they like.

Party and Event Planning
Talent and creativity are skills that people overlook. If you have an eye for elegance and a brain for budgeting, party and event planning is a good opportunity to look into. There is a misconception that a certificate or degree is needed to start this type of business. That’s not true. Anyone can be a party or event planner. Starting with building a portfolio of small parties that can be given just for purpose; you can use your pictures as promotional tools for your new business.

No one wants to work for someone else, forever. Yet, most people are afraid to venture out on their own and take the chance. Starting slow and small is a good idea. Remain employed until the success of the business is ensured.

Starting a home based business is one way to bring in extra income or break away from the conventional work force. It’s a way to begin building financial security and reap the rewards of your hard work. Being the boss can be a rewarding experience in itself. It’s very rare that someone can work their own nerves. Even if they do, it’s highly doubtful that the boss will fire them!

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What Are the 10 Best Home Based Business Ideas For Newbies?

I was once a struggling entrepreneur, not knowing where to turn to make a profit with a home based business. To “pay it forward” I intend to to give a brief overview of the 10 best home based business ideas for new entrepreneurs.1. eBay. Go onto eBay to find what products are selling and then connect them with drop-shippers. But wait, don’t I have to have an item in hand to sell it on eBay? Not at all. Do some research on eBay about what products are selling and at what bids. Then set up a PayPal account. Next, use a drop-shipper directory to find drop-shippers who will sell you a product but ship it to your eBay customer for you. Then create a 1 day auction for a hot item with a profit margin built in between the price you’ll sell it for on eBay and the price you will purchase it for from the drop-shipper. Sell the item, collect your money from the eBay buyer with PayPal, send the money to the drop-shipper with the shipping instructions, and keep the difference as profit.2. E-books. Sell e-book versions of books that out of print and in public domain. There are sites like BooksForABuck where you can find an older book that is out of print and which is also public domain (meaning the copyright expired). Research the net to check and see if anyone else is selling the book you have chosen. If no one else is selling this book as an e-book then get your e-book version created and go to Clickbank to register as a merchant to sell your product. You’ll have to create a simple sales page and you’ll be ready to have ClickBank’s affiliates sell for you.3. Affiliate marketing. Make profits by marketing and selling another merchant’s products online. Just go to an affiliate network like ClickBank and register to become an affiliate. Go through their marketplace and look for products that you like in a niche with which you are familiar. There are instructions in the site on how to create your own affiliate link that you can promote so that you don’t have to have your own website to get started. Then, promote your affiliate link through pay-per-click, social media, and content marketing. When someone clicks on your affiliate link and buys a product you get a commission (usually 50 to 60 percent). This is a great way to get started in affiliate marketing.4. Network marketing. Make profits from selling and marketing products and building a sales force that will duplicate your efforts. This is also known as multi-level marketing. Network marketing is similar to affiliate marketing since you usually simply promote and make commissions off of another company’s already existing product. But, just the way a sales manager in a car dealership would make override commissions off of the sales people he manages, you can recruit and train other marketers and make override commissions off of their production. No longer do you have to buy boxes and boxes of products up front and then try to sell them to your friends and family. Network marketing companies now-a-days give you a rep website through which you can sell all of your products and recruit members onto your team.5. Real estate investing. Find undervalued properties and quickly resell for fast profits or hold for long term cash flow and equity increase. While you cannot be a successful real estate investor completely from home, you can certainly do most of your work at home and there is no need for an office and a staff until you become a real estate mogul. Go to some real estate investor clubs locally and partner with some experienced investors for your first few deals. They will want the lion’s share of the profit but it will be worth it from the practical experience you get. After you have quick-turned a few properties with a mentor, buy your first property to buy and hold for long term cash flow and appreciation.6. Note brokering and buying. Broker discounted real estate notes for fast profits or buy discounted real estate notes and hold until maturity for astronomical returns. Whenever, a bank makes a mortgage loan for a piece of real estate a document is created that lays out all of the terms of the loan called a note. Other parties who may be out there holding notes are those who sold real estate with partial or total owner financing. Instead of walking out of the closing with a check for their proceeds of their real estate sale, they walk out of the proceeds with a copy of the Note that names them as the mortgagee to home the buyer will have to make payments to. Some note owners want to cash in their notes early and are willing to significantly discount price below the face value to another note holder who wants to enjoy this big discount on the face value and reap a usually above market average return on the mortgage interest he will receive. If you don’t have the capital right now to become a note buyer your can make a business out of putting note buyers and sellers together for a small for having brokered the transaction.7. Free-lance work. Elance and other online resources are a great marketplace for finding projects that can be completed from home for a profit. If you are looking for a part time or full time business from home, you can write intelligently, and can meet deadlines, then you could start a home based business of writing for other people. I don’t mean becoming a writer in the sense of selling fiction stories or novels. There are companies and other organizations out there than need people who can write well to compose articles and press releases by the dozens. Elance is a great site to put together free lancers with companies who need their work.8. CPA. Cost per action. This is similar to affiliate marketing only you do not have to generate a sale in order to get paid, you only have to generate a quality lead. You will need to have your own website or blog and a provable track record with affiliate sales and website traffic but cost per action can be so profitable. You would usually have a form on your site for which you get paid a commission every time a consumer fills out information and thus generates a lead for the advertiser.9. Google AdSense. Drive visitors to your content rich website or blog and earn per click commissions when visitors click on Google’s ads that they have placed on your site. Have you ever been on a website and seen ads on that page that say “ads by Google”? That means that the site is part of Google’s content network and if you click on one of those ads the website owner gets a portion of the per-click fee that Google charges to the advertiser. Keep in mind that you probably will get paid well under $1 per click but when you start to generate a plethora of traffic to your site it will really add up fast.10. Create your own product. Before you decide on what your home business should be review the methods already outlined, learn from them and then examine what unique talents and skill that you have that can provide value to others and use that to create a product that find a solution to a problem for a lot of people and can become very wealthy.That wraps up my 10 best home based business ideas.

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Why a Home Based Business Can Be a Good Decision

You think you’re ready to jump into the latest Home Based Business or network marketing opportunity that just popped up on your radar? Obviously, you first have to decide and commit to the notion you are ready to dive into the wide, wild world of network marketing. Why do people choose a home-based business over a conventional job? The reasons are many:• set your own hours,
• earn extra income,
• replace an income,
• meet new people,
• leave the rat race,
• secure a retirement,
• get out of debt, and
• self-development.Whatever your reasons for seeking to work from home, choosing to work a home-based business is a decision that should be weighed carefully. Essentially, you are hanging shingle for a new company (new to you, anyway) and this is a commitment to a whole cadre of people:• your network marketing business sponsor,
• the team you will be building,
• the clients you will take on,
• your family, and
• yourself.The investment for fulltime network marketers who are serious about building a home-based business is no less serious than a bootstrapping entrepreneur (they’re the same thing, actually) who wants to build a better mousetrap or market their stellar service to an anxiously-awaiting world. The only difference: the bootstrapper who diligently creates their company from scratch often has to single-handedly fulfill the laborious demands of: production, marketing, sales, order fulfillment, customer service, human resources, accounting, legal, et cetera.They get to do it all, especially at first, until they can generate enough revenue to begin hiring or outsourcing these jobs out. In contrast, the network marketing model (if it’s a good one, and they vary widely) should have much of this is taken care of for you. The best work-from-home scenarios will have:• NO large investment,
• NO carrying inventory,
• NO taking orders or making deliveries*,
• NO billing or collections,
• NO pressuring customers to purchase,
• NO repeat sales presentations,
• NO RISK* Prior to discovering our current network marketing business, my wife had joined a well-known beauty and cosmetics catalog company. They, of course, had a network marketing MLM compensation plan. My wife initially signed up to be a representative for this company because another, established rep wanted to retire from working the business (first flag!) This outgoing MLMer had built a book of clients where my wife worked, so it appeared my wife could not only get a discount on products she was already ordering, but she could even earn some extra income. Sounds great, right?Well, not really. As the months progressed, I watched as my wife handed out catalogs, collected orders, placed orders, received shipments, sorted orders, delivered orders, ordered more catalogs, handed out catalogs.. rinse, repeat. You get the idea. One evening, I asked her how much she had earned with a particularly large shipment that was being sorted on our livingroom floor. She laughed. “After all my time? Probably about five dollars,” she said. “Is the discount worth it?” I asked. “I’m starting to think it’s not,” she said. A few months later, she officially quit that MLM and passed her book of business onto another rep (lucky them!)The moral of this story: Make sure your road to wealth and freedom doesn’t involve trading time for placing orders, stuffing envelopes, or packing boxes. As with any business, you want to place your energies into building relationships, implementing strategies and conducting activities that will grow your business and support others as they do the same for themselves.By having much of the manual labor handled for you, you are free to focus on the fun part of operating any business-talking with others.
(Note: If you don’t like talking to people, network marketing is not for you. “Network” refers to a network of people you build around you.)Any successful network marketing or MLM model involves lots of communication with others, including your QUALIFIED prospects, your team (hopefully upline, but definitely downline)Hint: Once you’ve successfully enrolled another believer, you’ll be responsible for helping guide the development of their own network marketing business. Insert lots of talking, answering questions, coaching and encouragement here.In conclusion, if you’re considering joining a network marketing MLM “opportunity” or beginning a home-based business, make sure you can invest your time on activities where you’ll see a clear return; not on the menial labor the offering company isn’t willing to do themselves. If you’re already in an MLM and you find yourself doing this, I’ll simply ask you to take an inventory of where you’re investing your time, energy and out-of-pocket dollars, then calculate what your return on that investment has been. If things appear to be working for you (or if you enjoy the meditative work involved in stuffing envelopes, bags and boxes, etc.,) galvanize your resolve with the knowledge you’re where you need to be. Resolve is the first thing you’ll need to meet success in any business endeavor, including owning and operating the home-based business variety. Keeping fighting the good network marketing fight and ensure-whatever you do-you are doing your part to elevate the lives of all those you touch.

Home Based Business – The Top 5 Hot List Recommendations

If you are thinking about entering the world of home based businesses then its best that as early on as possible you have an idea of what currently are the hottest ones out there in order to provide you with a clearer perspective on which one(s) you’ll be going for. Remember that the options to choose from can be quite overwhelming and having a list of home based business top candidates in the market will make your research easier and much more targeted.Of course you will still need to do the research required in order to make sure the home based business model you are interested in not only maximizes your chances for profit generation but also matches the skill sets that you have. To give you a glimpse of which home based businesses are turning people’s heads right now, here are the top five hottest home based businesses as of the moment:Affiliate Marketing: Affiliate marketing is one of the most popular home based businesses right now for so many reasons. First and foremost, it’s very easy to set up. All companies which offer affiliate programs for their products also provide the marketing materials needed for promotion, like banners, ads, product information pages, and sometimes even fully operational websites. That way you can familiarize yourself with the products and get started with the marketing of the product almost immediately. Second is the fact that it does not require huge investment to get started as most will only require you to have a good computer and a reliable internet connection. Having your own website for promotion is recommended but not really necessary.Personal Training Services: If you are fitness minded, you can start your very own career as a personal trainer. With the help of internet, you actually don’t even have to train in person but rather you will be able to provide learning materials and additional instructions through videos, E-books and online conferencing (webinars), allowing you to reach many clients at any single time.Tutoring: Same as with personal training services, you will be able to conduct your tutoring lessons without having to go anywhere with the help of the internet. Teaching students how to properly speak, read or write English or another language is one of the hottest home based businesses today. But it’s not limited to only that as there are also many students in search for online tutors that specialize in math, physics, history and so on- it all depends on which particular subject you’re good at – rest assured the market is already there and waiting for you.Transcription: if you have transcription skills and the equipment required, you can tap into this very lucrative home based business market. Medical and legal transcriptions have always been in demand due to the higher rate in demand versus those who are able to supply the required services. There are many online transcription certification companies where you can learn the required skills, if you need them.Web design and development:: – if you have the skills and talent to build great web pages then web designing is the home based business for you. You will need professional software for making such high quality web pages and you will need to learn how to use them, but the financial compensation that you will get for each project will be very well worth your efforts.The five opportunities mentioned above are just the top five recommendations on the list of possible home based businesses that you can choose from, as there are far too many to mention in this article. If you are unable to find the home based business that fits your skills in the list above, do not be discouraged as there are plenty of other possibilities available to you. Just search for “home based business opportunities” on the internet and research the ones that fit your skills properly before you decide which one you go for.

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Finding Honest, Ethical and Legitimate Home Based Business Opportunities

Given the current state of our economy, millions of people are now looking for legitimate home based business opportunities that they can affordably run to replace their lost income or to make sufficient money to look after their families.Legitimate home based business opportunities- An honest observation!In home based business, any person can run a proven or a new business without spending tons of cash. Everybody wants to try a home based business that is immediately successful, but in reality only legitimate home based businesses work and prove beneficial for entrepreneurs. Therefore, your success lies in finding the legitimate home based business opportunities that are suitable to you so that you can immediately start making money without wasting your time and money.Let’s have a close look at some of the best home based business opportunities:1. Affiliate marketing-This is one of the best home based business opportunity where you won’t have to invest anything to earn good money on consistent basis. Millions of online businesses are interested in selling their services or products, and you can help them in getting the customers by doing Internet marketing for them. You will get a commission on every sale made due to your efforts.There are many affiliate marketing networks where you can find thousands of products and services. Best thing about these networks is that you can join them for free, and they pay you on regular basis when you promote the chosen companies.2. Virtual Assistant- If you have good typing skills, and have proficiency in MS Word, Excel and related software, you can offer your services to small and medium business. Best thing about this home based business is that you can work for many companies and earn extra cash instead of getting tied with just one employer.3. Tutoring- It you possess a degree and necessary experience and skills, you can offer tutoring to students worldwide. Today even elderly are interested in learning about computers and the Internet, and there is wide scope of selling your expertise once you start in this business. In fact, there are many tutoring websites that will pay you good money if you work for them.4. MLM business- You can research and choose a promising MLM (Multi-Level Marketing) company that promises good commission and promote them using the power of the Internet.5. Home Daycare Center-This is definitely one of the best legitimate home based business opportunities where you can generate good income for yourself right from the start. If you love being with kids and helping them, you can help busy couples with the daily care of their kids. Though you may need licensing in many communities, but it is not difficult to obtain.6. Selling art/jewelry/craft online-All those who have creative bent of mind and have proficiency in making art, craft or jewelry can sell it to online buyers. You can research on eBay and Amazon to see huge range of crafts and jewelry that is on offer.7. Catering-If you can prepare wide range of dishes, then you can easily start your catering business. There is help available to you on the Internet and you can easily launch your catering business. Though you may face few new customers who are rude or demanding, but you should be deft in handling them if you want to make a mark in this business.There are many more legitimate home based business opportunities and many of them may be more suitable for your skill level and expertise. So you need to research on what is on offer and choose the most appropriate business opportunity to earn good cash on consistent basis every month.I am absolutely sure, what I am going to share with you, will be so much more, than all the normal hype that is out there. You will learn how to make money online, even during the worst recession in US history. You are literally minutes away from gaining FREE instant access to the most powerful internet income program that exists online today.

Business Process Consulting – Consulting to the Small Business Owner

Why are small businesses such a powerhouse in the economy?One of the ingredients is that successful small businesses are run by people with passion. Small business owners believe in what they are doing, and they love doing it. They are brimming with ideas.At heart, most small business people feel that they were born to make a difference in the world – to make the world a better place. The small business owner is obsessed with succeeding in making that difference and reaping the rewards that they deserve for both themselves and for the people around them.They do what it takes to make something happen – the long hours, the heartache, the joy, the desperation, the failure, the success and the elation. These people experience the full range of human emotion in the pursuit of their dream. They are the true believers.How then can the small business consultant contribute to the small business owner’s success?The answer is that the small business consultant must know how to help the small business owner learn to think strategically and thereby gain clarity, focus and direction. Such results are possible only when the consultant keeps three critical factors in mind:- While passion is often a key ingredient, a small business cannot run on passion alone- The small business person must make good strategic decisions- A successful small business person works hardA Small Business Cannot Run on Passion AlonePassion is critical in small business, but it must be channeled and directed. Single-minded focus is gained only by going through a deep thinking, soul-searching process that delivers a clear sense of Mission, Vision and Values.This process must occur at the personal level and then be reflected in the business itself, through words that spell out the Mission, Vision and Values in easily understood language.These words become the primary essence of the business. For the small business person, these statements spell out their beliefs and assumptions about their business and inform everything that they think, say and do.Every morning, when the successful small business person gets out of bed, it is with a real sense of purpose, namely, to fulfill his or her Mission.Their Mission, Vision and Values are well understood within their business, and they are the critical clauses of the employment contract that everyone in the business signs up for.Mission, Vision and Values inform and shape all business policy development and the processes and measures that are put in place to ensure disciplined execution.Making Good Strategic DecisionsOnce the value base of the business is defined, it must be aligned with good strategic decisions.Strategy Formulation is critical for success in small business. It is the thinking that this exercise generates that delivers high performing action, sustainable outcomes and lasting results.The effective small business consultant takes the small business owner through a process of thinking that ensures that the nature and the direction of the business are fully understood. The critical issues for action are identified and priorities are set.Agreed actions must then be written down, so that they cascade from the strategic level to all the operational streams of the business. Everyone in the business must know what part they play in achieving the strategic goals.Remember, small business people are energized by the demands put on them in the moment. This is because they are people of action. However, this can be a problem when they are under too much pressure. They can become overwhelmed by the clamor of present demands, and they often fail to have a planned approach.Working to a well constructed small business plan, based in good strategic thought and decision making, relieves the pain of the frenetic pace and worries of the day to day.By paying attention to the important things that further their strategic goals, the successful small business person gains the right perspective on immediate and urgent sounding distractions. Business development and risk management are all addressed, when the small business owner works to a plan.One of the important things that the small business person must have clear in their minds is everything to do with their customers. They must know who they are. They must know what they need. They must know where they are and how they are going to be reached. They must know their own capabilities in being able to deliver what their customers want.They must know the gaps in their own business that must be addressed to achieve high yielding results.When all their capabilities are analyzed at depth, the small business owner has the information he or she needs to make the decisions that will secure the future of the business. The small business consultant must ensure this is the case.A Successful Small Business Person Works HardWhen the small business owner is clear about his or her Mission and Vision, and is behaving in keeping with a well defined set of values, hard work is not an issue. Working to a well conceived plan generates sufficient enthusiasm that even small gains become immensely gratifying.Quality of thinking, combined with good decisions and focused action, evoke the work ethic that creates momentum and delivers outstanding results. Small business owners are energized and become even more motivated when they are in touch with their own value base.They feel in control when they have a good plan in place that they can work to. This is because they are paying attention to the right things, in the right way, and they can see that they are making progress.Passion, aligned with good decision making at the strategic level, puts them in control of their business and makes them feel alive. It puts them on the path of never-ending improvement, both personally and in their business.

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7 Things to Look For in a Home Based Business

What are the things you should look for when you choose a home based business? That is a question often asked to me. Now, I’ve tried many different things, made a lot of mistakes, and also I’ve wasted a lot of money online. In my opinion, it is okay to waste money trying new things but when you waste money on things people already tried and failed on, then you’re just being a complete idiot. I’ve failed many times and wasted a lot of money, so learn from my experiences and failure so you don’t need to fail anymore.

So what are the things you should look for when choosing a home based business:

1. A Unique Product

The first thing you should look for in a home business is a business that offers a unique product. You should never join a business that product is already filled with competitors, where the niche is already saturated. Perfect examples for this are vitamins, juices, pills, and lotions, these kinds of products are often found in MLM opportunities.

These kinds of old school marketing niches are bad businesses or products if you want to get a decent amount of income online or a successful business going for a long time.

Now, what you want is a product that appeals to many people but doesn’t have too many competitions yet. When you sell pills to lose fat, you can only sell that to fat people, correct? Try finding a product that can be sold to all people.

2. A Great Support Team And Network

The second thing to look for when you choose a home based business would be a great support network. Unless you’re someone that is an expert on Internet Marketing or you’ve many experiences you would want to choose a home business that offers a great support network that you can rely on when you run into problems and you need solutions.

A great support network would be like a forum, this is the place where you get personal and specific solutions for you problem. A 1-800 number would be perfect, it allows you to call and talk directly with the support team. A personal sponsoring consultant or mentor like me, I often get questions from my members and it’s my responsibility to help them and answer them. So having a personal sponsoring consultant is a great idea. Webinars and live conference calls that is held on a daily basis would be great too, this is the place where you could interact with the other members here.

So when you choose a home based business, make sure that your business has all of those. Those are the things you must look for in a home based business.

3. An Honest Company Management

The third thing would be an honest company management. When you choose a home based business to start on, make sure you know the company management. This is a must when you decided to be on a long term business with the company. You would want to know what type of individual runs the company. A person with a good track of success record and good reputation is someone you want to work with.

Now, you don’t want to wake up one day and watch that your CEO has ran away with all your money in the news.

4. A Great Marketing System

The next one is a great marketing system; this is a really important thing to look for in a home based business. Now, it doesn’t matter if you have the greatest product in the world but you’re not marketing it or you don’t have a great marketing system to help market your product, it’s useless. It’s completely useless because you won’t be making any success or any money if you don’t market your product, which having success is the whole point on why you are in this business.

Now, let me give you an example, my mom makes a better burger than McDonald but McDonald makes billions where my mom don’t make any money. Why? Because my mom never markets her product, that’s why she never make money from making burger.

There are three things you want to look for when choosing a great marketing system:

1. Would you want to do it?

The first thing is you need to ask yourself would you want to do it. Now, you need to know a lot of old school MLM systems actually tell their members to go out and chase their friends and families. Now you ask yourself, do you want to do it? Are you thick skin enough to go and chase people to buy from you? Now even if you are thick skin enough, you would not want to do that for the rest of your life, correct?

2. How would you respond to it?

The second thing is you ask yourself how you would respond to it. If somebody chases after you with that kind of old school marketing method, harassing you until you buy their product or maybe join them in their business, what would you do? Would you buy from them? I don’t think you would. If you don’t even want to buy from people like them, just imagine yourself doing their marketing method, nobody would buy from you.

3. Does it apply leverage?

The third thing is does your company’s marketing system apply leverage? Internet is the biggest leverage of all; 1.4 billions users are on the internet every single day. Your product would be seen by 1.4 billions of users online. Now imagine that kind of leverage. Now, time leverage, for example does your company have a call center that will help you close sales while you’re doing your things? A predesigned website, prewritten emails follow up? So that you can concentrate on doing your things while your marketing system works for you 24/7, these kinds of marketing systems are what you should look for in a home based business.

5. A Global Reach – Making Sales Globally

The fifth thing is global reach. Does the home business have a global reach, meaning you could make sales globally from any part of the world?

For example, when your market has ran out in the U.S, will you be able to sell your products in Europe, Asia, Australia, or any country in the world?

Products like vitamins, pills, lotions, and health products are those that are hard to be sold globally. Every country has its own rules; you will have a lot of hoops to jump through before you’re approved to sell your products in other country.

Information and financial education products are preferable. You can sell them in any country in this world you want. If the product is unable to be sold online then there’s no use in doing a home based business because the strength in a home based business it’s that you’re going to be making money from global sales.

6. A Decent Compensation Plan

The sixth will be a decent compensation plan. A good compensation plan is one that offers a simple to understand, big upfront income, and also a decent residual income built in.

What I meant by simple is that it is easy to understand. When you ran into compensation plan that is so confusing that you can’t understand it then don’t do it, chances are nobody will understand it.

Second, always look for a home based business that offers a big upfront income, about $1,000+ per sale. So that you could quickly get out of your job and re-invest in your business so that you could achieve financial freedom really quick.

After a big upfront income, you’d want a compensation plan that offers a decent residual income. So that you don’t have to work forever but still get paid for what you’ve done before, a lifestyle that you want without having to be bound by your job. I love what I’m doing.

7. Giving Back To The Society

Now last but not least, this is the thing that everybody overlooks and regards it as an unimportant aspect in a business, is your company giving back to the society? Now, every time your company does charity, giving back to the society, donating for social causes, they are indirectly building credibility online and offline.

When people like your company, it will be easier for you to market and sell your products, correct? If you want to receive, first you must learn to give. That may sounds so cliché, but that is the universal law in all business, will it be home based business or brick and mortars.

Now let’s summarize, what are the things to look for when you choose a home based business:

1. A unique product

2. A great support network

3. An honest company management

4. A good marketing system

5. A global reach to sell your products

6. A decent compensation plan

7. A charitable company

If the home business you’re looking for has all that criteria then you’re in good shape. It would be a mission impossible for you to fail in that home business. Now the main reasons I were able to present these advices were of course, I had those experiences. Where do I get it? The company I work with of course.

7 Incredibly Powerful Tips to Convert Massive Amounts of Sales From Your Advertising

Tip #1 – The MOST Important Decision

Now, before I tell you this one, I want you to know that if you don’t remember anything else from these tips, remember this one (of course, if you really like this one, keep reading and combine it with the rest for best results)!

The single most important decision in your advertising and quite possibly your business is How you position your product.

I’ll say that again.

The single most important decision in your advertising and quite possibly your business is How you position your product.

For example, if I were in business to sell toothpaste, would I want to position it to sell as a product that gets teeth really clean or a product that is good for people with sensitive teeth?

Or another example, if I were selling smartphones, would I want to position to sell to the everyday person or to the tech savvy person?

While these are just examples to get you thinking, it is extremely important of you to know that the decision of how you position your product is a decision you must make before any advertising. Doing so will put you at a significant advantage

If nothing else, at least give this one a try and see for yourself.

Think about how you want to position yourself and make that decision.

Tip #2 – A Large Promise

Next up is also a very powerful tip and exponentially more powerful when paired with the previous tip of how important it is to make the decision of how to position your product.

This is actually the second most important decision you must make in your advertising.

That is, what does your product promise to the customer?

Now, before you start thinking, let me tell you what a promise is NOT.

A promise is NOT a claim.

A promise is NOT a slogan.

A promise is NOT a theme.

A promise is a benefit for the consumer.

Additionally, if your benefit to the consumer is unique and competitive that will be even better for your advertising.

Now, when you make a promise of a benefit, you must deliver or even over-deliver on your promises.

Your product MUST deliver on the promises of benefits that you advertise.

If you are able to both make and deliver on a promise in your advertising, you will be far ahead of others who are in your marketplace.

Tip #3 – Branding and Images

Think of some successful big companies that you know of and that are widely known.

Now think of their logo and branding image.

Chances are, the ones you’ve picked you’re able to immediately identify the business from the logo/branding.

That is the power of having good branding images and logos.

However, when it comes to advertising, many people tend to make up branding images and logos as they go and never really take the time to create a branding image that they can come to be known by.

Over 95% of all advertisement image is created this way.

Many companies fail to use a consistent image that they can be known by. By doing this, they will always lose marketplace position to the business that keeps a consistent image that it can be known by and keep its identity.

With that in mind, it makes sense for you to make a brand image that your business can be known by so you can take a more dominant position in your marketplace over competitors.

Tip #4 – Big Ideas

Remember when you were a kid and someone probably told you to dream big?

Well, in business and advertising it is very important for you to have a BIG Idea.

I mean, you could have a small idea, but who would want to take action or be moved to buy off of a small idea?

Exactly.

Probably nobody.

Unless your advertising is built on a BIG idea, it will simply fail.

I could go into telling you why, but I’m pretty sure you understand that small ideas won’t work.

One thing to clarify before I go further on this is that a BIG idea does not mean a complicated idea. In fact, some of the most valuable (but hard to come by) ideas are the ones that make a big problem much simpler.

It takes a BIG idea in order to get your customers to take action on what you’ve got.

For example, what if I said, “Hey, you should read my report and you might get a couple of sales.”

You probably wouldn’t even click on the report for one, and two, if you did read it with that in mind at the beginning you probably wouldn’t get the massive value that this report is really worth!

On the other hand, what if I said, “Would it light a fire under you to read this entire report if I told you that the tips in it have lead to millions of dollars in sales for many people and I’m giving them to you for free?!?”

Now, while I’m sure that it does light a fire under you to read this report, I want you to know that your advertising must be built on a BIG idea in order to make a BIG impact in sales.

With that said, lets move on to the next tip before any of those people that have made millions start trying to wring my neck for giving you these tips for free!

Tip #5 – First Class Quality

In the previous tip you read about how important it is to base your advertising on a BIG idea.

Another important thing to do is to present a first class kind of quality about your product.

Let me ask you this, “Would you rather eat at a restaurant that takes pride in keeping the place clean or a restaurant that has a cockroach infestation?”

Now, if you’re a normal human being and not a cockroach enthusiast, I’m sure that the one you pick would be the one that is kept clean.

It’s the same way with advertising.

People will be more likely to buy from an advertisement that shows quality.

With your advertising, you want to make it have a first class look and image that you’re proud to present.

People don’t like to buy when the advertisement is ugly.

In fact, if your advertisement is ugly then people will perceive your business that way and it will negatively affect your sales!

In other words, an ugly advertisement leads people to think your product is of lower quality and one they don’t want to buy.

With that said, let the images that people see of your product be one that is of quality (and make sure you deliver on that quality!)

Tip #6 – Go the Distance

One of the common mistakes of many advertising campaigns is that they end up being far more complicated than they need to be.

In some cases, I understand that it may not yet be you that is making the decisions in how the advertising campaigns go.

However, I will tell you that one of the main reasons that advertising campaigns for many companies become more complicated than necessary is because they are reflecting too many divergent views of too many executives.

Not only this, but companies as a whole have too long of a list of objectives they want to accomplish with their advertising.

The problem with this is that it causes the company to never have a single simple promise that they can go the distance with and really create some massive wealth.

Remember from Tip #2 about having a big promise?

It will pay you much better to take a single promise the full distance rather than trying to take a bunch of little ones only a little ways.

Of course, you may be thinking, “didn’t you say that you know that some of us don’t have a say in the advertising?”

I did say that and to that I say this, “It will pay you much better to take a single promise the full distance rather than trying to take a bunch of little ones only a little ways.”

The reason I say it again is because for one it is important in advertising, but even also for you while you work for someone.

Even while you work for someone, what is your promise or benefit that you provide to the company?

Go the distance with that promise so you can be given a better promise.

Of course, if you are already in charge of or part of the decision making, then this is an idea you cannot afford NOT to share with your company.

Tip #7 – Don’t Be a Bore!

If you’re still reading this at this point, then hopefully I haven’t been boring you into reading this.

In fact, if you’re still reading this, I sincerely hope that you have gotten massive value out of this report and will start using these tips so you can build massive wealth in your business and take a more dominant position in your marketplace.

Of course, I hope you haven’t skimmed and/or just skipped to this tip as the other tips before this one are even better than this one!

That said, applying this tip will most definitely make your customers appreciate you more!

All of these tips have been put together in order to provide you with massive values and to get your mind moving in the right directions when it comes to creating your advertising pieces.

If you have massive value in what you’re writing, then people will be interested in reading or hearing what you have to say.

Not only that, but they’ll share it with other people!

Anyhow, this final tip for today is that you do not want to bore your customers.

Have you ever been bored into buying?

I would think not, but how about this:

Have you ever bored anyone into buying?

I certainly hope not, but I know that I’ve seen some advertisements that seemed monotonous, cold, detached, plain, and impersonal.

Hopefully that wasn’t yours…

Anyhow, it is important to speak like a human being rather than your high school history teacher that read the text book in such a monotonous voice that it seemed like the clock was put to sleep!

Captivate your audience.

Be charming.

Make them hungry for what you’ve got.

If you are able to keep your audience captivated and interested in what you’ve got, then you will have done better than many advertisements. In fact, at this point in this report I’m at almost 1900 words!

Point is, people will read it if it is interesting and valuable to them.

I certainly hope that you have gotten something valuable out of this report. Remember, that even one of these tips can put you far ahead of your competition. If you were to begin using many or all of these tips, can you imagine the difference it could make?

(P.S. If you can imagine what difference it would make then you are already well on your way!)

Yours Truly,

Yong Kang

That is all for this free report. I hope that you have gotten something valuable out of all of this and will apply at least one or more of these tips so you can take the lion’s share of the money in your market. That is our BIG idea and promise to you as a Wealth Building Dynamics DIAMOND member.

The Finer Points of Internet Auctions

WHAT IS A PENNY AUCTION?

Penny auctions have exploded in popularity with the massive growth of the internet. However, few people know the true origins of penny auctions.Beginnings actually stretch back to the Great Depression. Those were hard times for everyone, but even harder for farmers. Farmers struggled to bring in steady income because of droughts and crops not selling as well as they had previously. As a result, the banks would foreclose on the farmers who couldn’t keep up with their mortgage payments.

The banks weren’t satisfied with just repossessing the house, they wanted to raise as much capital as possible, so they resorted to selling off the possessions of the owners of the repossessed houses. There was not much the farmers could do about it so they began bidding ridiculously low prices, pennies, on the items while threatening others who dared to bid higher than a few pennies.

The auctions of today hardly resemble their tremulous beginnings. Being part of a penny auction today is exhilarating, fun, and addictive. It combines the selling format of auctioning with a little bit of chance factored in.Auctions are a game of strategy but also a game of luck.

The premise behind penny auctions is giving people the chance to win an item at a drastically reduced price.Auctions make that possible by spreading out the cost of the product among multiple bidders. In order for a person to take part in an auction, they must pay a set price for each bid. For example, if a person wanted to bid on a fifty dollar Amazon gift card then he would spend a dollar for each time a bid placed. If he ended up winning the gift card, then he would only have spent a few dollars for a fifty dollar gift card. Usually penny auctions sell bids in packages.

HOW PENNY AUCTIONS WORK!

The main foundation of penny auctions is the pay-per-bid format. It is the key that allows bidders to win items at the fraction of their retail value and allows the auction owners to keep their site profitable. Most y auction sites run on the same premise: people pay a set amount for each bid, whenever a person places a bid within the closing seconds of the auction time will be added, the last person left with a unique bid after the clocks runs out will win the item. There are a large variety of items that can be won, but they tend to be popular electronics or gift cards to popular stores.

There are two types of auctions: lowest unique bid auction and highest unique bid auction. Lowest unique auction sounds confusing but it is actually quite simple. A unique bid is when only one person has a bid at a certain price. Bids usually start at one penny, a bidder can then place a bid at two pennies. Until another bidder places a higher bid, the most recent bidder will be the lowest unique bid because that was the only bid at two cents and nobody bid higher. However, penny auctions generally don’t stop at one penny. It is not uncommon to find auctions that end up at a couple hundred dollars based on the popularity of the item being auctioned. However, the same principles apply for those auctions. Highest unique bid auctions follow the more traditional auction format such as eBay. The person with the highest bid at the end of the auction wins the item.

Auction site owners turn a profit by selling bids. Say twenty people are bidding on a ten dollar gift card at one dollar per bid, at the end of the auction if there were twenty bids placed in total then the site owner would have made twenty dollars with a ten dollar profit.Auctions do seem like a win-win situation:The site owner makes money while the bidder gets an item for dirt cheap. However, not everyone wins in penny auctions. The people who paid one dollar each bid but left with nothing to show for their investments will not be so happy.

HOW TO WIN!

Penny auction has a lot of chance mixed into it, but one can incorporate strategy that will help raise the chances of winning. Playing smart can make all the difference between gambling and auctioning.

The first crucial tip to winning penny auctions is to know how to manage your bids. Your goal should be to win as much as possible without spending a ton of money buying bids. Managing your bids means that you should already know how much you are willing to risk in order to win an item. The amount of capital you are willing to risk will determine how many bids you can use. Once you know how many bids you have to spend on an item, then you will be better able to manage how and when you place a bid. That will keep you from blowing away all of your bids in the first few seconds of the auction.

The next tip is to practice time management. When fighting in the trenches of penny auctions, you have two enemies: other bidders and time. Knowing when to bid is a must if you want to have success. Placing a bid when there is a lot of time left on the clock is never a good idea. You have to remember that the key to winning a penny auction is being the last one standing when the clock runs out and that each bid increases the amount of time left. It would be a good practice to wait until the last few minutes of the auction before you begin to bid.

The final tip for successful auctioning is to keep your emotions under control.Auctions have a lot of similarities to gambling, and just like gambling, your spending can get out of control. If you keep your emotions level, it will keep you from making rash decisions and blowing loads of cash. Keep your mind clear so that you can gage the behavior of the other bidders and outsmart them.

HOW TO AVOID SCAM SITES!

Penny auctions are a great addition to the web whether you want to win an item that otherwise you wouldn’t be able to afford or if you simply enjoy the thrill that comes with bidding in auctions. Unfortunately, scam sites have tarnished the reputation of the legitimate penny auction sites. However, there are ways that you can protect yourself from scamers and enjoy your auctioning without having to worry about losing your money due to dishonesty.

Checking the reputation of the auction site before you start spending your hard earned money is always a good idea. Chances are other people have tried the site before you and some of them have left reviews. The reviews are your way to gage whether a auction site is trustworthy or not. If a site is getting overwhelmingly negative reviews, then that is a clear indication that you should steer your business elsewhere.

Another tool you can use to protect yourself is checking the Alexia ranks of the auction sites. Alexia rank will give a solid view of how much traffic the auction is getting. If you see a huge difference in the amount of traffic Alexia is projecting and the amount of active bidders on the site, then warning signals should be ringing in your head. Some auction sites have been known to set up robots that automatically bid on projects in order to keep the auction going and inflate the price. That is known as shill bidding. You can sniff out those sites by comparing the traffic the site should be getting to the amount of users using this site.

CONCLUSION!

New legislation may come out later down the road that will officially make penny auctions gambling, but until then, it is a fun, exciting auction that allows one to win the item they’ve always wanted but couldn’t afford.Auctions are also quite lucrative for the site owners because of the pay-per-bid strategy they’ve incorporated. Penny auctions had humble beginnings with farmers who just wanted to get back at the banks who kicked them out of their house. More recently, auctions have enjoyed an explosion in popularity with the rise of the internet.

There are two main formats fora auctions, lowest and highest unique auction, however they both run on the same premise where the last unique bid wins the item. Winning a penny auction will require a certain amount of mental tactic and a bit of luck. However, you can increase your odds of winning by practicing certain techniques such as managing your bids wisely, learning how to work with the time, and keeping a level head and your emotions under control. When you combine those three strategies to your bidding plan, you will find that you win a lot more often.

It is important that you do your due diligence to protect yourself when participating in auctions. Not every auction is run by honest and trustworthy people. There are people out there who just want to take your money. You can protect yourself by ensuring that you only bid on sites that already have a very positive reputation from real users.

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