Principles That Lead To A Successful Home Business

Principles That Lead To A Successful Home Business

By: Ed Mercer

PERSONAL PRINCIPLES FOR SUCCESS

1. Passion- The richest people of all time achieved success because they were passionate about what they set out to acheive. For example, Bill Gates was passionate about his vision of having “a computer on every desk and in every home. His passion allowed him to become one of the wealthiest people in the world.

2. Visualization- Identify what it is that you would like to achieve. Perhaps it’s a new home, a new car, or a yacht. Make it something that is tangible! Feel as if you have it in the present tense. Open yourself up to receive it just as you expected it to be once it arrives.

3. Purpose (determination)- Without “Purpose” one can easily be led astray from the path that he/she is on. When you are working with purpose, no obstacle can keep you from reaching your goal. In fact, the obstacle becomes 1 of 2 things…. either and insignificant event, or an opportunity to succeed.

4. Commitment- Committing to your goals and staying on course to reach them is probably the single most important thing you can do. Without commitment everything else in the cycle will fall out of motion.

5. Faith- You must have an unwavering faith that you WILL accomplish what you have set out to achieve. It is a knowing that you are on the right path, and by staying on the path, you cannot help to achieve success.

6. Personal Development- As you work on yourself and gain new skills, you become proficient and efficient, which is then coupled with the confidence you require to achieve your goals. Suddenly, you know who you are, the values you represent, and the values which you can provide to others.

BUSINESS SUCCESS PRINCIPLES

1. Income Producing Activities- Always keep in mind that business does not work for “US”. “We” have to work for the business. Only expect to be paid if our efforts are in alignment with what we are worth. Take time each day in some form of action to set the financial process in motion.

2. Mastermind With Business Partners and Other Leaders- Through these sessions, you will learn new ideas that can expand business growth. This can be done via, training calls, training events, or national and international conferences. This process is otherwise known as “The Law Of Association.” By masterminding with other leaders and self-made millionaires, there a good chance that you will learn the steps that you’ll require to match the results.

3. Cultivate Leadership- Expect others to step into leadership positions. You cannot force someone to achieve success. There will come a time when every human being has the desire to step into their own personal greatness. When that time comes, the individual will take personal responsibility for what they set out to acheive, and will be like a locomotive with a destination. I personally expect every person who I work to step into their own personal greatness in day 1 of opening their business. Anything less is just a hobby.

4. Be Consistent- Find a daily method of operation that works and stick with it. Do not get distracted by external sources or guidance that will take you away from your business responsibilities. Dedicate a time period each day to run your business activities, and disregard interruptions. Unless there is an emergency at hand, take care of non-business activities during non-business hours.

5. Be Persistant- Stay focused! Do not let up, and only make decisions that will bring you closer to your goal. As long as you are persistent at achieving the results you desire, you will not fail. Through this persistance and drive you will be very careful with the decisions you make and will not let outside forces keep you in the rut that you so much desire to get out of.

6. Set A Goal- Without a goal, you have no destination. In fact, it then becomes just a wish for better things to come. So, decide what it is that you want, and set a date as to when you would like to achieve it. Expect to reach this goal, almost to the point that if you do not achieve it, then something catastrophic will happen.

MINDSET SUCCESS PRINCIPLES

1. Others First-Always Without Exception- There are 3 reasons people are really looking to start their own business……..

a. People want more time freedom to do the things they love. Whether it’s spending more time with their wife and children, or just doing more of the things they love, but cannot seem to find the time because of their demanding hours at their place of employment.

b. Something has come up in their life whereas their current income is not sufficient to cover the expenses. Perhaps, it’s a house, a new car, college tuition for their chidren, retirement or some other factor that causes people to seek additional sources of income. Perhaps they are tired of working more hours for their employer and getting less pay as each year goes by.

c. Quite possibly, most people are seeking to live a meaningful, fullfilling, and exhillerating life that cannot be achieved while working for an employer. People are seeking a way to really “LIVE LIFE” before they die. To live the way life is intended, and perhaps to leave behind a legacy through their accomplishments.

Whatever the reason may be. Understand that we are here to assist people and provide them with a solution to their problem.

2. Be In Service To Others- As we work on ourselves through personal development, we are enhancing our own knowledge and skills. Each day we are getting better, and better. As we approach the crest of the hill, it is our responsibility to give back all that we have learned to the other who are on the same path with us.

Provide your customers and business partners with more “use value” than the “cash value” you are receiving from them.

One of the most important things to keep in mind is this…..

It does not matter who gets to the top of the mountain first. What matters most is how many people we take to the top of the mountain with us.

This is the “true” definition of LEADERSHIP! Apply these principles, and you WILL prosper.

Article Source:
http://www.articlecity.com/articles/online_business/article_5425.shtml

Marketing Your Services: A Step-by-Step Guide for Small Businesses and Professionals

Hollywood Dealmaking : Negotiating Talent AgreementsTwo entertainment attorneys and Hollywood insiders explain all the ins and outs of negotiating in the movie industry, including back ends, gross and adjusted gross profits, deferments, box office bonuses, copyrights, and much more.

This easy-to-follow reference-written clearly, without confusing legal jargon-is packed with expert insights on distribution, licensing, and merchandising. The book’s invaluable resource section includes definitions of lingo for acquisition agreements and employment deals, twelve ready-to-use sample contracts, and a directory of entertainment attorneys in both New York and Los Angeles. With the negotiating tips in this guide, agents, writers, directors, actors, financiers, and filmmakers will save thousands of dollars in attorney fees.

Author:Dina Appleton,Daniel Yankelevits
Paperback:256 pages
Company:Allworth Press(2002-06-01)
ISBN:1581152280
List Price:$19.95
Amazon Price:$9.80
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Hollywood Dealmaking : Negotiating Talent Agreements

The Total Money Makeover: A Proven Plan for Financial Fitness

Women & Money: Owning the Power to Control Your Destiny

Feb 28,2008

Women & Money: Owning the Power to Control Your Destiny Money maven Suze Orman’s latest book, Women & Money addresses the complicated (and often dysfunctional) relationship women have with personal finance. Orman’s direct, non-condescending style is perfect for this subject matter–she begins with the premise that “Women can invest, save, and handle debt as well and skillfully as any man” and then tackles the important question–”So why don’t they?” Designed to educate and inspire, Women & Money also offers a “Save Yourself Plan,” a five-month program that “delivers genuine long-term financial security.” Want to know more? Watch a video message from Suze below, and take a gander at the first chapter of Women & Money–you’ll be “controlling your destiny” in no time. –Daphne Durham


An Exclusive Video Message from Suze Orman


Watch the video

Read the First Chapter of Women & Money

For Women Only

I never thought I’d write a book about money just for women. I never thought it was necessary. So then why am I doing just that in my eighth book? And why now? Let me explain. All my previous books were written with the belief that gender is not a factor on any level in mastering the nuts and bolts of smart financial management. Women can invest, save, and handle debt just as well and skillfully as any man. I still believe that–why would anyone think differently? So imagine my surprise when I learned that some of the people closest to me in my life were in the dark about their own finances. Clueless. Or, in some cases, willfully resisting doing what they knew needed to be done. I’m talking about smart, competent, accomplished women who present a face to the world that is pure confidence and capability. Do you mean to tell me that I, Suze Orman, who make my living solving the financial problems of total strangers, couldn’t spot the trouble brewing so close to home? I don’t think I’m blind; I just think that these women became very, very good at hiding their troubles from me.Why not? They had years of practice hiding them from themselves.

Read more from Chapter 1…


Author:?Suze Orman
Hardcover:? 272 pages
Company:?Spiegel & Grau? (2007-02-27) (2007-02-27)
ISBN:?0385519311
List Price:?$24.95
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Jim Cramer’s Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer)

Feb 28,2008

Jim Cramer's Stay Mad for Life: Get Rich, Stay Rich (Make Your Kids Even Richer) Jim Cramer, bestselling author and host of CNBC’s Mad Money, has written the ultimate guide to lifetime investing for readers of any age.

Whether you’re a recent college grad trying to figure out how to start investing, a young parent struggling to decide where and how to put away money, or someone well into middle age and worried about whether you’ve saved enough for retirement, Jim Cramer’s Stay Mad for Life has the answers. Cramer covers all the essentials: how to save, where to invest, which pitfalls to avoid. He offers valuable advice on everything from mortgages to college tuition. He explains what professional money managers do right that amateur investors do wrong. Because there is always a bull market somewhere, Cramer tells readers where to find the bull markets of the future, and for those willing to do the homework, he chooses twenty stocks that could be long-term moneymakers. For those who don’t have the time or the temperament to invest in stocks, he identifies the mutual funds that are proven winners. He’s investigated these funds by using his own twenty-five years’ experience managing money for himself and dozens of America’s wealthiest families. Throughout, in addition to his own enormously successful experience, Cramer draws on rigorous research to back up his advice.

Jim Cramer is America’s #1 financial guru. Every day he advises investors on how to get ahead of the markets and stay ahead on his daily television show, Mad Money; in his online columns and commentary at TheStreet.com; in his popular “Bottom Line” column in New York magazine, and on television programs from early morning to late night. His books have all been national bestsellers and have helped educate hundreds of thousands of investors about the perils and promises of the financial markets. USA Today called him “the media’s most electrifying market pundit”; and his legions of fans agree. Jim Cramer’s Stay Mad for Life is the definitive money book, a practical, concrete, insightful book of invaluable financial advice that is a joy to read.

Author:?James J. Cramer
Hardcover:? 352 pages
Company:?Simon & Schuster? (2007-12-04)
ISBN:?1416558853
List Price:?$26.00
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The Total Money Makeover: A Proven Plan for Financial Fitness

Feb 28,2008

The Total Money Makeover: A Proven Plan for Financial FitnessThe success stories speak for themselves in this book from money maestro Dave Ramsey. Instead of promising the normal dose of quick fixes, Ramsey offers a bold, no-nonsense approach to money matters, providing not only the how-to but also a grounded and uplifting hope for getting out of debt and achieving total financial health.

Ramsey debunks the many myths of money (exposing the dangers of cash advance, rent-to-own, debt consolidation) and attacks the illusions and downright deceptions of the American dream, which encourages nothing but overspending and massive amounts of debt. “Don’t even consider keeping up with the Joneses,” Ramsey declares in his typically candid style. “They’re broke!”

The Total Money Makeover isn’t theory. It works every single time. It works because it is simple. It works because it gets to the heart of the money problems: you.

Author:?Dave Ramsey
Hardcover:? 272 pages
Company:?Thomas Nelson? (2007-02-06) (2007-02-06)
ISBN:?0785289089
List Price:?$24.99
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Where Does the Money Go?: Your Guided Tour to the Federal Budget Crisis

Feb 28,2008

Where Does the Money Go?: Your Guided Tour to the Federal Budget Crisis

From the editors of the award-winning nonpartisan Web site Public Agenda Online comes this irreverent and candid guide to the federal budget crisis that breaks down into plain English exactly what the fat cats in Washington are arguing about

Federal debt will affect your savings, your retirement, your mortgage, your health care, and your children. How well do you understand the government decisions that will end up coming out of your pocket?

Here is essential information that every American citizen needs—and has the right—to know. This guide to deciphering the jargon of the country’s budget problem covers everything from the country’s $9 trillion and growing debt to the fact that, for thirty-one out of the last thirty-five years, the country has spent more on government programs and services than it has collected in taxes. It also explores why elected leaders on every side of the fence have so far failed to effectively address this issue and explains what you can do to protect your future.

Author:?Scott Bittle,?Jean Johnson
Paperback:? 336 pages
Company:?Collins? (2008-02-01) (2008-02-12)
ISBN:?0061241873
List Price:?$16.95
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Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money–That the Poor and Middle Class Do Not!

Feb 28,2008

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money--That the Poor and Middle Class Do Not! Personal-finance author and lecturer Robert Kiyosaki developed his unique economic perspective through exposure to a pair of disparate influences: his own highly educated but fiscally unstable father, and the multimillionaire eighth-grade dropout father of his closest friend. The lifelong monetary problems experienced by his “poor dad” (whose weekly paychecks, while respectable, were never quite sufficient to meet family needs) pounded home the counterpoint communicated by his “rich dad” (that “the poor and the middle class work for money,” but “the rich have money work for them”). Taking that message to heart, Kiyosaki was able to retire at 47. Rich Dad, Poor Dad, written with consultant and CPA Sharon L. Lechter, lays out his the philosophy behind his relationship with money. Although Kiyosaki can take a frustratingly long time to make his points, his book nonetheless compellingly advocates for the type of “financial literacy” that’s never taught in schools. Based on the principle that income-generating assets always provide healthier bottom-line results than even the best of traditional jobs, it explains how those assets might be acquired so that the jobs can eventually be shed. –Howard Rothman

Author:?Robert T. Kiyosaki,?Sharon L. Lechter
Paperback:? 207 pages
Company:?Business Plus? (2000-04-01)
ISBN:?0446677450
List Price:?$16.95
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Jim Cramer’s Real Money: Sane Investing in an Insane World

Feb 28,2008

Jim Cramer's Real Money: Sane Investing in an Insane World How do we find hot stocks without getting burned? How do we fatten our portfolios and stay financially healthy? Former hedge-fund manager and longtime Wall Street commentator Jim Cramer explains how to invest wisely in chaotic times, and he does so in plain English in a style that is as much fun as investing is — or should be, when it’s done right.For starters, Cramer recommends devoting a portion of your assets to speculation. Everyone wants to find the big winners that can bring outsized gains, and Cramer explains how to allocate your portfolio so that you can afford to take this kind of risk wisely. He explains why “buy and hold” is a losing philosophy: For Cramer, it’s “buy and homework.” If you can’t spend an hour a week researching each of your stocks, then you should hand off your portfolio to a mutual fund — and Cramer identifies the very few mutual funds that he’d recommend.

Cramer reveals his Ten Commandments of Trading (Commandment #5: Tips are for waiters). He explains why he’s not afraid to compare investing to gambling (and tells you which book on gambling you should read to become a better investor). He discloses his Twenty-Five Rules of Investing (Rule #4: Look for broken stocks, not broken companies).

Cramer shows how to compare stock prices in a way that you can understand, how to spot market tops and bottoms, how to know when to sell, how to rotate among cyclical stocks to catch the big moves, and much more. Jim Cramer’s Real Money is filled with insider advice that really works, information that Cramer himself used to make millions during his fourteen-year career on Wall Street.

Written in Cramer’s distinctive turbocharged style, this is every investor’s guide to what you really must know to make big money in the stock market.

Author:?James J. Cramer
Hardcover:? 320 pages
Company:?Simon & Schuster? (2005-03-29)
ISBN:?0743224892
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The Laws of Thinking: 20 Secrets to Using the Divine Power of Your Mind to Manifest Prosperity

Feb 28,2008

The Laws of Thinking: 20 Secrets to Using the Divine Power of Your Mind to Manifest ProsperityBishop Jordan has written a stellar work that is guaranteed to free the mentally enslaved, acquit the wrongfully charged, and bring healing to the sick. The Laws of Thinking is not a work for the shallow-minded person. It is demanding and challenging. It is neither intended to be used as the basis for unmerited criticism nor as sermon material for the minister having difficulty receiving a fresh work from the Lord. It was written with a very clear aim: to provoke spiritual thought. Bill Gates’ Microsoft, Oprah Winfrey’s Harpo Productions, Stephen Spielberg’s DreamWorks, and even his own Zo? Ministries all began with a thought.
Every invention, university, book, song, business, home, skyscraper, movie, stage play, and baby began when someone chose to think. Nothing happens without thought. Creation did not happen without God’s thought. Bishop Jordan’s first objective is getting you to think.

Author:?Bishop E. Bernard Jordan
Paperback:? 256 pages
Company:?Hay House? (2008-02-01)
ISBN:?1401917992
List Price:?$14.95
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Thou Shall Prosper: Ten Commandments for Making Money

Feb 28,2008

Thou Shall Prosper: Ten Commandments for Making Money Praise for THOU SHALL PROSPER”Thou Shall Prosper is a passionate, occasionally hortatory avowal and practical roadmap to the making of ‘dough’ and the life-affirming consequences of the honest pursuit of profit. An unabashed manifesto for the twenty-first century, it seeks to steer the reader toward a guilt-free appreciation of wealth accumulation.”
—The Jewish Press

“Rabbi Daniel Lapin’s wisdom has helped untold numbers of people, including me, grow in our business, family, and spiritual lives. In Thou Shall Prosper, Rabbi Lapin has done it again. This book tells it like it is in a helpful, honest, hopeful, informative way. He offers valid, useful information based on ancient wisdom and modern experience.”
—Zig Ziglar, author and motivational teacher

“No matter how successful or sophisticated you may be, this remarkable work will enrich your understanding of the important, exciting process of building wealth.”
—Michael Medved, nationally syndicated radio host and author of Hollywood vs. America

“In this highly insightful and controversial new book, Rabbi Lapin unearths the golden nuggets of Jewish business genius. By emphasizing the unique talents of the Jewish way of life, Rabbi Lapin demonstrates how Judaism’s spiritual regimen can be translated into tangible material rewards, with the bottom line being directly affected. A thoroughly engaging, enriching, and thought-provoking book.”
—Rabbi Shmuley Boteach, author of Kosher Sex and Judaism for Everyone

“I really enjoyed this book, and I heartily recommend it to people of all faiths.”
—The Honorable Jack Kemp

Author:?Rabbi Daniel Lapin
Paperback:? 362 pages
Company:?Wiley? (2005-02-22)
ISBN:?0471710237
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Ready, Fire, Aim: Zero to $100 Million in No Time Flat (Agora Series)

Feb 28,2008

Ready, Fire, Aim: Zero to $100 Million in No Time Flat (Agora Series) This book walks readers through a focused strategy designed to get their business ventures started and moving toward profitability as quickly as possible. Masterson feels that too many people are distracted when they’re starting their business and stop by focusing on the obstacles. The book will start with the most important moves that an entrepreneur needs including: not spending too much time planning, not spending too much money, getting operational fast, getting quick cash and not looking for a team but focusing on what the founder can do on his or her own. Then, the book discusses in detail the other necessary steps to success from effective communication, selling, hiring a team, expanding one’s business, being a mentor, etc.

Author:?Michael Masterson
Hardcover:? 375 pages
Company:?Wiley? (2008-01-02)
ISBN:?0470182024
List Price:?$27.95
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The 9 Steps to Financial Freedom: Practical and Spiritual Steps So You Can Stop Worrying

Feb 28,2008

The 9 Steps to Financial Freedom: Practical and Spiritual Steps So You Can Stop Worrying When Suze Orman was 13 she watched her father dive into the flames of his burning take-out chicken shack in order to rescue his cash register. In that moment Orman learned that money was more important than life itself. And so it became her quest to be rich. But years later, when Orman became a wealthy broker with a huge investment firm, she was profoundly unhappy. What went wrong? She had not yet achieved financial freedom. In her nine-step program, Orman covers the ingredients to financial success–confronting our beliefs and fears, learning the nuts and bolts (and insiders secrets!) of savvy management, and finding the spiritual trust that leads to abundance.

Author:?Suze Orman
Paperback:? 352 pages
Company:?Three Rivers Press? (2006-08-15) (2006-08-15)
ISBN:?030734584X
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What A Woman: A Financial Planning Guide for the Newly Independent

Author:Ginita Wall
Paperback:247 pages
Company:Consumer Reports Books(1992-05)
ISBN:0890434344
List Price:$16.95
Amazon Price:$5.51
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Our Money Our Selves: Money Management for Each Stage of a Woman’s Life

Demystifying Grant Seeking: What You REALLY Need to Do to Get Grants

Raising Venture Capital for the Serious Entrepreneur

Have the negotiating edge when getting your new business off the ground

Written by Dermot Berkery, an internationally known venture capitalist with Delta Partners, this complete toolbook thoroughly details how venture capitalists arrange the financing for a company; what they look for in a business plan; how they value a business; and how they structure the terms of an agreement. Within its pages, you’ll find everything you need to successfully raise new business capital with the most attractive terms possible.

Using informative case studies, detailed charts, and term sheet exercises, Raising Venture Capital for the Serious Entrepreneur discusses the basic principles of the venture capital method, strategies for raising capital, methods of valuing the early-stage venture, and proven techniques for negotiating the deal. The author leads you step-by-step through:

  • Developing a Financing Map
  • Getting to the First Stepping Stone
  • Understanding the Unique Cash Flow and Risk Dynamics of Early Stage Ventures
  • Determining the Amount of Capital to Raise and What to Spend It on
  • Learning How Venture Capital Firms Think
  • Creating a Winning Business Plan
  • Funding Early-Stage Companies
  • Agreeing on a Term Sheet with a Venture Capitalist
  • Setting Terms for Splitting the Rewards
  • Allocating Control between Founders/Management and Investors
  • Aligning the Interests of Founders/Management and Investors

This invaluable guide also includes term sheet exercises that test your understanding of various financing situations facing companies. In addition, the book features three extensive case studies: the first covering a fictional start-up company used throughout the book, the second offering a stepping stone map, and the third presenting a term sheet used in practice by venture capitalists.

Author:Dermot Berkery
Hardcover:288 pages
Company:McGraw-Hill(2007-09-10)
ISBN:0071496025
List Price:$49.95
Amazon Price:$30.35
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Raising Venture Capital for the Serious Entrepreneur

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