Orlando's Home Businesses Blog: Jun 14, 2007

Thursday, June 14, 2007

Teen Business That Grow Into An Adult Business

Teen Business That Grow Into An Adult Business
Copyright © Orlando Thompson

http://www.SNOHomeBasedBusinesses.com

Hi,
My name is Orlando Thompson and we are going to discuss Teen Business That Grow Into An Adult Business

Teen Business That Grow Into An Adult Business

Having a small business can be very challenging as well as enjoyable for kids. More than ten years ago, selling lemonades, cleaning lawns, delivering newspapers, selling cookies and other forms of enterprises keep teenage entrepreneurs busy. As the years pass by, young entrepreneurs evolved and some graduated from the traditional businesses of selling cookies and cleaning lawns to become full fledge business people. As these enterprising kids grow up, most of these enterprising kids continued their business and become successful at it.

One of the best examples of a teenage business that grows into an adult business is that little girl who used to sell cookies around the neighborhood and grew up to be the proud owner of two successful bakeshops across town. From earning a few coins selling cookies each summer around the neighborhood, that little turned her business into something that brings about thousands of dollars in profit every year. The secret of her success is that at an early age, she was already exposed to the nitty-gritty of finding good suppliers of ingredients for her small business and had established a good relationship with these suppliers. Furthermore, when she was still a teenager and do not have any pressing needs to earn a living on her own, she had all the time to experiment in baking different types of cookies and pastries that she was able to come up with some really good recipes.

Advantages of Starting Young

There are many advantages of getting into business at a very young age. Teenage entrepreneurs learn their trade early and had more time to hone their business skills. After years of engaging in their teenage businesses, these young people develop a system of their own when it comes to handling their business affairs. These systems will then play a vital role when the teenager later on decide to pursue his or her teenage business and turn it into a full fledge adult business. According to studies, most young entrepreneurs used the skills that they learned early on to expand their business when they get older.

Another advantage of starting a business at an early age is that teenage entrepreneurs gain loyal customers over the years. It is not uncommon for people around the neighborhood to feel an affinity for the young entrepreneur thus they will not really think twice when it comes to supporting the younger entrepreneur. Since teenage entrepreneurs have already established rapport and good relationships with their clients, keeping these clients will not really be hard for them. In fact, some loyal clients will prove to be very useful when it comes to advertising the business expansion of the young entrepreneur. Note that a good word from a very satisfied customer will always bring in more business.

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Taking Risks, While Making Money With Your Business

Taking Risks, While Making Money With Your Business
Copyright © Orlando Thompson

http://www.SNOHomeBasedBusinesses.com

Hi,
My name is Orlando Thompson and we are going to discuss Taking Risks, While Making Money With Your Business

Taking Risks, While Making Money With Your Business

At sometime in everyone's life, they dream of being their own boss, owning their own
company. The trick to being your own boss is to enjoy what you are doing and making money at the same time. Starting your own business as a risk, but learning to minimize the risks is using your head.

Evaluate your talents. Select a career that uses your creativity and talent helps
insure your chance of success. Doing what you enjoy will prolong your interest in your
work. It also guarantees that what you are doing is not exactly like anyone else. Stepping out on your own means no more company benefits. One of the biggest benefits is insurance. Select several insurance policies to protect you for different areas of your business, Make sure you get enough life insurance to cover your family's obligations, if something should happen to you. Disability insurance is good in case of illnesses or accidents. Some insurance companies give discounts for multiple policies. Taking a partner will help minimize the risk of starting your own business. Find someone who shares your passions and skills. A friend or acquaintance who enjoys doing what you enjoy makes a great business partner.

Do your research. Explore different possibilities. Is one side of town better than
another? Do you want to use your home ass your home base or rent a place? Which fabric works better, ca everyone use this product, etc. Using other peoples experiences will reduce your chances of failure. Get rid of all your negative thoughts. Relax. Be optimistic. Focus your thoughts towards setting and obtaining your goals. Learn to prioritize your time, money and abilities. While spending a great deal of your time working towards your goal, take some time for yourself. By doing this, you won't become burnt out.

Do you need luck to succeed? Maybe a little, but don't depend on it. Get some training in areas that you don't necessarily know, such as accounting or management. Make a yearly plan and reexamine it periodically. Luck is a matter of odds. Do what you can to improve yours. Learn to act accordingly, in times of uncertainty. It doesn't hurt to play it a little safe at the beginning. Start out with small risks, then move to larger ones. Items that seem impossible at first, may seem smaller with time and more experience. Get some feedback from others. You never know when a good idea will surface from a comment made in passing.

Take that jump, step out to a new future. Just remember to plan, organize and work
hard. Most of all stop dreaming and make that dream a reality.

Why Advertising Your Business Can Pay Off

Why Advertising Your Business Can Pay Off
Copyright © Orlando Thompson

http://www.SNOHomeBasedBusinesses.com

Hi,
My name is Orlando Thompson and we are going to discuss Why Advertising Your Business Can Pay Off

Why Advertising Your Business Can Pay Off

You might think that you have a product or a service that you sell in your home business that actually sells itself – therefore you don’t need to worry about setting a budget, or advertising, because as soon as you start your business you are going to be bringing in the cash and you are going to find that you don’t have to work very hard. If you think this, chances are pretty good that you are deceiving yourself, because this is simply not the way that it goes with a home business. If you want the best chance of success, you are going to need to start with advertising, and you are going to need to always continue to be advertising, no matter how successful you think you are.

Choose A Type

When you begin to do advertising for your home business, you are going to have a decision to make. There are several types of advertising, and you have to decide which of them is going to benefit you. The differences in them are what makes them good for one business and bad for the next. The two main types of advertising that you might be thinking about would be either online or internet advertising, or local advertising. In order to decide which type of advertising is going to work best for you, the first decision that you have to make is where your target audience is. If your home business is something local, like a day care or hairdresser, or something that relies on local customers, you are going to want to focus on localized advertising. However, if you are selling a product that can be shipped any where, or doing some kind of service that you can do from you home, you are going to benefit more from having internet or online advertising. This is because you can have a business that is always open and ready to receive customers this way, and you can find that this is very rewarding and also going to be very beneficial for you.

No matter what you think, advertising is going to be benefit you because advertising is the only way that your idea, your product, or your service can get into the hands of the general public. You aren’t going to be able to make the money on your own ,and so you are going to have to rely on advertising to get the word out about you and about what you are looking for. By using advertising in a smart and correct manner, you are going to help build the infrastructure of your business, and be way more successful in the long run. It is simply the best way to go about it.

Running Your Home Business Like A Business…Not A Hobby

Running Your Home Business Like A Business…Not A Hobby
Copyright © Orlando Thompson

http://www.SNOHomeBasedBusinesses.com

Hi,
My name is Orlando Thompson and we are going to discuss Running Your Home Business Like A Business…Not A Hobby

Running Your Home Business Like A Business…Not A Hobby

There are many different reasons that you might want to run a home business – and one of the biggest reasons that lot of people turn to this route is that they want to be doing something that they love. Most people who start a home business do it with something in mind that they really are passionate about, or something that they love to do. The general idea is that if you are going to be working from home, you might as well be doing something that you really love to do, and you might as well actually be able to enjoy yourself while you are doing it.

There are many reasons that this is great – you are doing something that you love, so there really isn’t any stress or pressure because you are making money off of what you love. However, when it comes right down to this, you have to be sure that you are taking care of some of the major business in your life – without turning it into only a hobby. You have to treat your business as a business, no matter how much you love whatever you are doing, and you have to decide that you are going to be smart about your business, and that means running it like a business, not a hobby.

Set Rules

The best way that you can make sure your business is run like a business, and not a hobby, is to set rules for yourself to make sure that you are actually getting the most out of your business. You want to have a set time during the day, and set days of the week, that you are working, and you have to stick to this schedule to make sure that you have enough time to get your work done. You simply don’t want to put it on the backburner and work on it whenever you get around to it, because if you do it that way you will see that you are actually going to be having problems with your home business, and it isn’t really as important to you as it should be. So, setting up work schedules is one way to make sure that is a business, not a hobby.

Another thing that you can be sure to do is to always be as professional as possible. Make sure that you are treating your business like a business. This means that when you go to work, dress like you are going to work. When you talk about your home business, talk about it in a way that tells others you are serious about it and that it means a lot to you. This is very important, and this is part of the reason that you want to make your business a business, not just a hobby.

Tips For Marketing Your Home Business

Tips For Marketing Your Home Business
Copyright © Orlando Thompson

http://www.SNOHomeBasedBusinesses.com

Hi,
My name is Orlando Thompson and we are going to discuss Tips For Marketing Your Home Business

Tips For Marketing Your Home Business
Anyone who starts a home based business has high hopes for success. Many feel that with just a few simple ads the business will boom and take off into a major business. However, many find that customers are actually few and far between when it comes to a home based business. With the following tips you can help to market your home based business and turn it into a success.

While family and friends can be helpful when it comes to a home based business you should also look to expand your network. To do this consider the places where you can find good customer. Some ideas include local civic associations, regional trade shows, professional conferences and chamber of commerce meetings. If you have an online business then you may want to consider checking message boards to help build your online mailing list.

Whenever you find someone and the situation calls for it, talk to them. Everyone has the potential of being a customer if you just talk to them. The possibilities are endless and it gives you something to do instead of just waiting around for a bus or airplane. Just striking up a conversation can bring you in a lot of additional business.

Even if you don’t have an online business, one of the best advertising methods is online. Whether you are selling a local product or not, online is a way to get in contact with millions of potential customers from the comfort and convenience of your home computer.

When discussing you business it may be a good idea to leave out the fact that you have a home based business. Although a great many companies are starting up home based aspects of their companies many people still view these businesses as unprofessional. Rather focus on the product or service you are selling since this is what is important and this is what the customer wants.

Depending on the service you are offering consider doing a few local demonstrations. This can help increase the publicity for your business. Or you can offer to do a local service featuring your talents for free such as decorating a local restaurant. This way you can increase your popularity and possibly gain further sales later.

For the top marketing techniques consider attending meetings that focus on your business industry and talking with people about their successes and problems. This can help you learn what to do and what to avoid for your business. Another option is to read any trade publications for your business industry. Getting into the industry allows you to find someone that you can go to with a specific question or problem that you may encounter with your business. Just always remember to follow up with the individual and thank them for their help so they know you appreciate it.

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