Posts Tagged ‘investments’

Leverage Your Time by Preparing Small Business Investments That Will Help Maximize Your Profit

January 1st, 2019

There are not a lot of people that know how to leverage their time and actually maximize their profit. They feel that since there is only a certain amount of hours in a day they can only do so much. The truth is that this is a very true statement because you personally can only do so much but by initiating in small business investments you will be able to leverage your time and have these investments work for you.

The key for the small investments is to do them consistently and one at a time and just have them compound together. As you continue to work on finding the right investments it will be worth it in the long run because when you are not able to work on your business these small business investments are going to be working for you.

The hard part is finding the right investments because there are a lot of things that you can put your money or time into. The key comes in the testing of the methods because the more you test the more you will know about the method of investing. The mistake that people make is that they do not do enough testing and go head and rush with the investment.

The small business investments truly work to leverage your time and are worth it if you don’t have too much time. In business there will always be a time when you are going to have to invest and is your choice whether to invest your time or your money.

Being able to prepare some small business investments will increase your results because while you are not able to go and advertise these investments will be working and helping you in your business.

6 Business Investments Every Entrepreneur Should Do to Achieve Success

November 5th, 2018

How my Growing up on a Farm Fostered The Truth About Building a Business that Will Save You Wasted Time, Money and Effort in the Long Run

When I was 9, our family moved from Vancouver to a 10-acre farm in Bradner. The shock of moving from a city to a farm was definitely felt by all of us but for my Dad, it was his dream of being a farmer coming true.

We were all put to work, much to my brother’s and I chagrin. Mom and Dad continued to work full time in Vancouver so their day meant getting up very early to feed the cattle and milk our cow, Emma, before driving the hour long commute.

When they returned, the evening chores were done in between getting the old farmhouse in working order. Installing a hot water tank was Dad’s top priority!

To say they were truly invested in making a go of it was an understatement with that kind of commitment.

Last year, due to health reasons, my Dad had to sell the farm and let’s just say his return on his investment was immense.

Thinking back at the hard work and sacrifices we made in getting the farm operational got me thinking about how I developed a strong work ethic and built my own business, as a result from that experience.

Of course, we aren’t a farm but similar principles apply when wanting to protect your business investment.

Here’s 6 investments you should make in order to protect your own business investment:

1. Invest in Your Commitment

Just like my Mom and Dad, you need to invest your time be truly committed to your business in order to see success. Be “all in” and not let any excuses get in the way of doing what needs to be done.

If it means getting up an hour early so you can get your family needs taken care of first before heading to the office, then so be it. And if it means not watching TV at night and instead working on your business priorities, then do it.

Take the “No More Excuses” approach and your business will soar.

2. Invest in Your Brand

Your brand is not just a logo but is the overall “essence” of your business. It encompasses how you present yourself to the public by way of appearance, how you behave, how you speak and how you “are”. Your brand is also the quality of product of service you provide.

The visual representation of your business is also a big part of a brand. This is where a professionally designed logo is a must but also everything else that is viewed by the public such as your website, your marketing materials, your social media platforms and even your business card.

Your brand can literally make or break your business success. When all factors are put together, a brand will produce either a positive or negative impression on your potential customers. So a proper investment in your brand is vital for business success.

Just like when Dad would take his steers to auction, other farmers were judging him based on what they see and use that to determine if he was trustworthy to purchase from or not.

3. Invest in Yourself

I meet a lot of entrepreneurs who are very hard on themselves for not knowing everything they “should” while running a business. In fact, many secretly are just waiting to be called out as being a fraud.

The truth is, no one knows EVERYTHING! It’s impossible to live up to that kind of expectation; however, it IS important to invest in yourself when it comes to staying on top of what’s happening in your industry.

Whether it’s learning about new grain mixtures to feed to cattle like my Dad did or staying on top of the latest technologies that support your business, there always needs to be room for this kind of investment in your business.

4. Invest in a Professional Website

Well you knew I was going to add this in, right? Just like it’s important to invest in your brand, your website is a crucial investment that must be taken seriously.

Since your website is literally your sales presentation that’s working on your behalf 24 hours a day, 7 days a week, it must be given the attention it deserves.

It is definitely required to have a unique, professionally designed and built website that is mobile friendly so anyone can easily access the information needed regardless of device used.

Dad would never be able to operate the farm if his barn wasn’t functional and the cow’s needs were not met due to him wanting to cut corners and build a shack instead.

Don’t have a shack for a website, invest in a proper one that will represent you professionally and get you the results you need.

5. Invest in SEO

Having a website isn’t enough. Just because you built it, doesn’t mean anyone knows it exists so you must implement search engine optimization strategies to drive qualified traffic back to it.

By qualified, I mean getting it in front of your ideal target audience – the ones that are prime to do business with you.

Dad didn’t have the convenience of the Internet back then to sell his livestock but he knew the importance of placing an ad in the local newspaper on a weekly basis. Attending auctions and getting visible in front of local farmers was his version of SEO so people knew of what his offerings.

Find a qualified SEO specialist to help you with this. This is one area where investing in your knowledge might not be ideal unless you are a web developer. There’s a lot of know-how involved in building and optimizing a website so it performs ideally for you so let an expert help with this.

6. Invest in Marketing

No matter how much you implement the Law of Attraction and meditate about the success of your products or services, you must market them in order to get sales.

Many entrepreneurs find this part difficult to do – it feels sleazy to them and inauthentic. I beg to argue. No one is saying you have to be a pushy sales person that lies and scams people in order to make a sale.

But what you DO need is to create a consistent marketing plan that will build your reputation as someone who is knowledgeable in your industry, nurture prospects into trusting you and creating easy methods for people to buy from you.

Luckily for Dad, big auction houses took care of all the marketing for him and other farmers but if none of that marketing happened, they wouldn’t be in existence. People have to know you exist and what you have to offer in order you’re your business to succeed.

Are you willing to follow these 6 business investments in order to achieve your dream of success?

New Business Investments

July 17th, 2018

As an investor or potential investor, we are always looking for new ways of investing our money. The reason for this is simple: we need new, fresh ideas and products to keep up with the ever growing demand of the general population. This alone ensures that our profit margin continues to grow.

So what is this demand that we need to fill by searching for new business investments? Ask yourself what it is that all the things you personally need or like to buy have in common. Simply answered, people are on a never ending search for new products that will make their lives easier and make daily tasks more convenient in this fast paced world. They are searching for products that are practical, economical, and relatively cheap.

Investing in new business opportunities allows us to find an investing niche. An investing niche is something new that not that many people are informed enough to invest in. In other words, an investing niche has very little competition, therefore resulting in higher profits for those involved in that investing niche.

Sounds nice right? Who wouldn’t love to invest in a product that many other investors don’t know how to or are too invested in their other investments to be able to attempt to be invested in your particular investment niche? That is every investor or potential investor’s goal… to find an investment niche. An investment niche is the key to every successful investment endeavor.

The main step to take in finding your investment niche is by researching new business product investment opportunities. That is likely how you ended up reading this article. You are already researching this topic. That puts you one step ahead in the game. It will make all the difference in your success. You are on the right track. Just keep it up.

So when you find your new business to invest in, be sure it is a low risk investment. You do not have to throw away your money with a small, unlikely chance of getting it back, let alone receiving a return on your investment. Unfortunately, that is a widespread popular misconception that has sent many new investors into financial chaos. It is not true investing. That is just gambling and in most cases, foolishness. Investing in a new business opportunity is not a hit or miss game. It is not a matter luck. It is a matter of well researched, well calculated low risk.

Learn Why Small Business Investments Are Necessary For Your Success

June 20th, 2018

When it comes to being successful in the home based business industry it takes a lot of hard work and dedication. This is something that many people know about already but still are not willing to put in the work. But also most people forget the importance that small business investments have on the success that you achieve in your business. This article will illustrate the importance and how you are able to know which investments will be good for your business.

The importance of small business investments is unmeasurable because it has a big impact in the growth of your business and expands the limit of your success. Of course is not something that happens overnight and it doe take time but it sure is worth the investment. There are some people who don’t know what makes a good investment different from a bad one and how can you even tell.

Well the difference of course comes in the area of a bad investment actually making you lose money while a good investment helps you make money in profit. The way that you are able to determine between the two is to determine is the ROI of your initial investment is a profit or a loss. To understand what I am saying you have to be aware that ROI stands for your return on investment and that there is a formula to calculate this problem.

For example you invest 50 dollars into something to promote your business and that promotional method makes 200 dollars, the 200 dollars is your return on investment. Now to calculate the profit or loss you simply minus the 50 from the 200 and you will 150 profit since 150 is higher than 50. If the ROI was 20 then there would be a 30 loss instead. Understanding this simple formula will help you become successful and understand the basics of investing.