THE HONEST TRUTH ON SMALL BUSINESS START-UPS: ONLINE BUSINESS PERSPECTIVE

When running a small business, to be able to survive and be successful, it is vital to possess the appropriate mind-set. This is actually the stage when individuals might not even be considering becoming small business owners. Should you be prepared you'll have less to be concerned about and are going to be able to relay your position and business needs more effectively. If you're someone contemplating the changes which will occur by turning into a prosperous small business proprietor, it'll be helpful that you have a bird's eye view of where you're along the continuum.

Related article…http://hollalaycan.blogspot.com.ng/2016/05/7-most-important-guidelines-for-first.html

For example, starting an internet business takes very little time and in the majority of cases, expense, which is primarily for all these reasons that there are a lot of internet businesses dotting the view. These implications are frequently different depending where you're running your company from, be it a shop or from home. Assuming you already have quite a few years experience below your belt in a similar organization, then you ought to have a fairly decent idea what things to expect and almost understand what these unforeseen expenses may be.

Cash flow is a huge deal for virtually any entrepreneur trying to attain a fledgling business off the ground. Your small business start-up might have to possess somewhere to receive money together with a way of paying bills. To fuel your company start-up you'd definitely require appropriate guidance on ideas for company. Whenever your business empowers you to really work together, you may achieve success together.

See also…http://hollalaycan.blogspot.com.ng/2014/12/details-of-40-small-businesses-you-can.html

Among the most crucial steps to starting a little business is securing stable and respectable lines of credit. Another route to take would be to consider starting the company on a part time basis. Setting up an extremely detailed table of expected expenses and revenues for the very first few years of the brand-new start up organization is important and forms the basis of your own business enterprise plan. An accountant shouldn't be an afterthought for your personal business.

For a lot of entrepreneurs hoping to begin a small business locating the cash to do so is often a big stumbling point. Think about that if you're seriously considering starting a

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HOW TO BECOME PROFITABLE DOING BUSINESS BLOGGING

When I started blogging in 2009, it seems to me like a tall dream but being a very optimistic business oriented person I never doubted my ability to succeed in it. During those early periods, I was just having fun posting my thoughts and feelings on the internet without any recourse to profiteering or becoming popular like Linda Ikeji, Seun Osewa of nairaland, Ladun Liadi, naij.com, etc. But today, at least I have crossed the six figures mark in earnings when it comes to business blogging. My articles and blog posts appear on Page 1 of the Google search engines and other search engines.

Do you remember the old ways of keeping in touch with your clients? You usually patch them through telephone; fax machines, direct mail marketing, and even personal meetings. But now, entrepreneurs are just smart enough to use the existing Internet technology to be regularly updated of the latest trends in business and at the same time keeping in touch with their clients. There is now text and voice chat, exchanges of e-mail, website forums, and others.

Related article...5 HIDDEN SECRETS THAT EARNED ME THOUSANDS OF DOLLARS FROM BLOGGING

One of the most online business innovation ever made is the transformation of the regular blog posting into an online business tool. Before, blogging is just used for showing different thoughts and ideas. Some are just for fun, while others are for promotion of something that others think is beneficial to other Internet users. In other words, it is just a bunch of personal diaries and bulletin board for those people who want to share their knowledge and thoughts to others.

But think again, it is not just for diary writing or whatever. It is now a promotion tool you can use to boost your business. You can set up blogs in your website and have it with an associated RSS feed. In other words, you can constantly keep in touch with your clients and potential customers as well. In addition, you do not have to e-mail them—your blogs will be responsible in getting the latest news without actually having to visit your website.

From Regular Blogs to Business Blogs

From regular blogs that you post for nothing, now it is called the business blog that can help you save thousands of dollar and providing you great business opportunity with just one click. Not only is it free to use but also it is user-friendly, can be customized, and can be a flexible medium for circulating useful information for effective positioning of your products in the market.

Ø More than half the world now uses a Smartphone;

Ø Almost two-thirds of the world’s population now has a mobile phone;

Ø More than half of the world’s web traffic now comes from mobile phones;

Ø More than half of all mobile connections around the world are now ‘broadband’;

Ø More than one in five of the world’s population shopped online in the past 30 days.

 See also....5 PROVEN WAYS TO BOOST YOUR BLOGGING CAREER

There are some noted advantages of entrepreneurs who engage in business blogging. Here are some of these advantages:

Ø 4.77 billion global internet users in 2020, equaling 50% penetration;

Ø 4.80 billion global social media users in 2020, equaling 37% penetration;

Ø 4.92 billion global mobile users in 2020, equaling 66% penetration;

Ø 2.56 billion global mobile social media users in 2020, equaling 34% penetration;

Ø 4.65 billion global e-commerce users in 2020, equaling 22% penetration·

           

Through blogs, you allow your clients to post their comments with regards to the

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5 HIDDEN SECRETS THAT EARNED ME THOUSANDS OF DOLLARS FROM BLOGGING

Many aspiring bloggers desires to be like linda ikeji, ladunliadi, Seun Osewa of nairaland, Jide Ogunsanya of Ogbonge blog, Abiyamo, naij.com, hollalaycan.com and a host of others. However, many of the so called newbie relies solely on adsense and cpa/cpc as a way of making fortunes from blogging and they failed to understand the logic and secrets behind every successful blogger out there. As for me and just like every other successful blogger mentioned above, there are a whole lot of earning potentials in blogging aside from pulling traffic, adsense, adverts,etc. 

One of the best way i earned from blogging is through commissions, whenever i write about a particular business the readers sees me as an authority and they either send me a mail for further information or call to book an appointment, the moment an appointment is booked, i charged for a consultancy fee(minimum 30k) and should there be an opportunity for the client to take the business further, i will recommend him/her to trusted companies who will supply the requisite skill or materials to execute the projects and i get paid for commission which sometimes runs into hundreds of thousands.

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Blogging is a sure way to magnify your brand. Blogging requires an individual to first obtain a domain name and a blog host. This is followed by creating a blogging avenue such as Wordpress or blogger platform. Once this is achieved, embark on a journey of formulating content that will add value to your followers. Let me now divulge more information about how to start blogging and stick with it.

Formulate a purpose

Blogging requires precision and a prior plan. It is crucial to decide on the topics you will blog about. Understand your short term and long term blogging goals with regards to the topics you write about. Have a clear purpose that communicates what you intend to write during the first few months of blogging as well as the rest of the blogging period.

Create quality visual content

The photos, images and other graphics that you integrate in your blogging endeavors can either undermine or magnify blogging. Have unique images and photos that make your posts stand out. To achieve quality visual content, solicit for the services of an expert.

Helpful topic....http://hollalaycan.blogspot.com.ng/2014/12/details-of-40-small-businesses-you-can.html

Accrue email subscribers or ardent followers

Creating and increasing a mailing list plays a fundamental role in similar measure when starting and sustaining blogging. A mailing list enables a blogger to access

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BEFORE I SACKED MY BOSS HERE IS WHAT I DID AS A SELF-EMPLOYED AND WORK-AT-HOME ENTREPRENEUR

“I’ve missed more than 9,000 shots in my career. I’ve lost almost 300 games. 26 times I’ve been trusted to take the game's winning shot and missed. I’ve failed over and over and over again in my life and that's why I succeed.” - Michael Jordan

I have never come across any successful business person who said it was easy being an entrepreneur. Bill Gates of Microsoft, Mark Zuckerberg of Facebook, Aliko Dangote of Dangote group, Ryan Graves Of Uber, Femi Otedola Of Zenon, Linda Ikeji, Jan Koum of whatsapp, Razak Okoya of Eleganza, etc, all have some tales to tell about the pros and cons of entrepreneurship. Are you ready for product launch or you're in the early stages of your startup, just been availed funding for your startup, there will always be a time when you ask yourself if this whole entrepreneur thing is worth it at all.

Related...http://hollalaycan.blogspot.com.ng/2015/11/how-to-start-your-own-business-even.html

With the current economic recession biting hard on the fortunes of Nigerian economy in terms of dwindling earnings from oil proceeds, federal monthly allocations has shrunk considerably resulting in many states of the federation unable to fulfill their financial obligations. Salaries are being owed, pensions are not paid to retirees, leave allowances and bonuses are owed in billions, infrastructural developments and social welfare is in a state of comatose and ultimately there is continuous rise in the prices of commodities especially staple foods and amidst all of these is daily job loss and pay cut by companies.

Consequently, the recession hit the private sector more as they rely heavily on the patronages of the public sector for survival and profiteering. However, the recession has led to the collapse and closure of many once thriving businesses with large numbers of employees and staff. Many laid-off employees have resorted to self-empowerment or work at home entrepreneurs due to the misfortune brought about by the mismanagement of the economy by our leaders and private sector stakeholders.

Before you jump out of the ship of 9-5job, I would rather advised that you start something by the side while still on you current employment, set some funds aside to sustain the period of learning a new trade, or better still keep your salary job until the coast is clear to sail away to the entrepreneurial world.  I started testing the waters of entrepreneurship while still receiving salary from Guaranty Trust Bank Plc, I was doing part-time consultancy in the area of business proposals, company registrations, Tax filings and so on. I saved some amount of money and borrowed some funds from friends and family members to eventually kick-start the brand name I am known for today, PROSPECTIVE IDEAS NIG ENT. This little company has turnover millions of naira in sales and commissions, the ultimate thing to do right from the outset is to know what you really want to achieve with your new found sojourn. ‘FAILURE TO PLAN IS PLANNING TO FAIL’

related article...http://hollalaycan.blogspot.com.ng/2016/03/how-to-survive-when-laid-off-from-your.html

For anyone who desires to venture into self-employment or work-from-home businesses at this critical and challenging time, it would make more sense to incorporate ONLINE/INTERNET business in your plan as this will saves you time, money and cost of starting a new business from ground zero. But building a profitable online business usually takes time and getting real profit is not going to be a miracle, you gotta work for it!

More useful tips here....http://hollalaycan.blogspot.com.ng/2015/11/should-you-stick-to-your-present-job-or.html

There are 3 main reasons why the self-employment or entrepreneurial journey is the

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INFORMATION MARKETING: THE MOST PROFITABLE ONLINE BUSINESS

In the last few weeks, I have been privileged to receive so many calls from people who are interested in information about entrepreneurship, small business and start-ups. These requests were attributed to many articles I had published online about starting a business of your own with little or no capital; also, the recent economic downturn has necessitated the search for alternatives to paid employment. Majority of young and the active population makes use of the internet to source for information on virtually anything ranging from “how to”, “what”, “when” of anything imaginable. I won’t be surprised to see people ask Google search engine what President Buhari ate as breakfast. All these centers around information marketing.

When you make a living online, a lot of people won’t understand what it is you do.  Some of them will think you’re nothing more than a spammer - just because you work on the Internet.  You might even run into people who automatically assume you’re into promoting porn, because they think that’s all the Internet is used for! 

You need to be prepared to deal with people like this.  Some of them may even be close friends and family members who are simply ignorant about the various marketing uses for the World Wide Web.

The first thing you need to explain to people is that very few people who work on the Internet are spammers.  Spammers actually make up a very, very small minority of those who make money online. 

If you do any sort of email marketing, you should explain that every single person you send email to have signed up specifically to your newsletter, and clicked a link to confirm that they really want to be on your list. 

Explain to them that subscribing to your newsletter is a lot like signing up for delivery

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How Long Will It Take You to Succeed with Internet Marketing?

Anyone going into Internet marketing always wants to know how long it will take to find success. While success can be different for each person, the underlying question beneath it all is, “How long will it be until I start making steady money?” 

The answer to that is that it’s different for every person because it depends on your idea of success as well as many other factors. Some of the other factors involved will even vary from marketer to marketer.
You might be able to see your first sale the very first week that you’re in business as a marketer, yet on the flip side of that fast first week sale, you could toil all year long before you ever see the first dime for all of your efforts.
What is it that makes the difference between faster profits and having to wait? One of the factors could be the way you’ve set up the business - the model that you use in your strategy for success. 

Another factor could be how much time you have to put into the business. Obviously, the more time you have to work the business, the faster you’ll reach

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WHEN WILL YOU FIND TIME TO WORK AN ONLINE BUSINESS?

How many times have we all said, “If only I had more time then I could get more done in my online business?” The solution is not getting more time - we all have the same amount. The key is to manage the time we do have and make it work more effectively for us.

Even if you think you don’t have time to take on anything else, you might be surprised to discover how much time you’re actually wasting during the day. You can start an online business whether you hold down a full time job or not.

Sometimes when it comes to starting a business, many people have the mental picture that it’s all or nothing - that in order to be their own boss, they have to take the plunge, quit their day job and put all of their effort into

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WHO IS STARTING THEIR OWN ONLINE BUSINESS IN 2015?

Starting an online business is one of the smartest moves you can make to invest in your future. Now more than ever, people are putting their ideas into practice and becoming first time entrepreneurs.

Beginning a new business owner in today’s world is much easier than it was even ten years. Booming online businesses make up a huge percent of products sold. It’s evident that e-commerce is here to stay. Online platforms such as EBAY, AMAZON, WALLMART, ALIBABA, JUMIA, KONGA, PAYPORTE, SHOPIFY, GTBANK SMEMARKETHUB, KAYMU, TAAFOO, etc have all turn around the shopping experience throughout the world.

The beauty of running an online business is that the start-up costs are very low - you can even start some businesses without having to come up with any money at all. Young or old, people of all ages can create a business they love from whatever they’re passionate about. Whether it’s selling antique pieces of history, gift ideas or selling services, there’s a niche tailor made for your talents.

So who are the people who are breaking free from their ordinary routines, or from their cubicles and taking control of their lives? Many of the people who are first time entrepreneurs are moms. Whether they’re stay at home moms or currently work in an office, mothers make up a large majority of those running Internet businesses.

Putting their years of expertise from both life and business to work for

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WHY YOU NEED TO START AND BECOME AN ONLINE BUSINESS GURU IN 2016?

Starting an online business is one of the smartest moves you can make to invest in your future. Now more than ever, people are putting their ideas into practice and becoming first time entrepreneurs.

Beginning a new business owner in today’s world is much easier than it was even ten years. Booming online businesses make up a huge percent of products sold. It’s evident that e-commerce is here to stay. Online platforms such as EBAY, AMAZON, WALLMART, ALIBABA, JUMIA, KONGA, PAYPORTE, SHOPIFY, GTBANKSMEMARKETHUB, KAYMU, TAAFOO, etc have all turn around the shopping experience throughout the world.

The beauty of running an online business is that the start-up costs are very low - you can even start some businesses without having to come up with any money at all. Young or old, people of all ages can create a business they love from whatever they’re passionate about. Whether it’s selling antique pieces of history, gift ideas or selling services, there’s a niche tailor made for your talents.

So who are the people who are breaking free from their ordinary routines, or from their cubicles and taking control of their lives? Many of the people

Read More »