March 23rd, 2011
Eating plenty of fruits and vegetables is essential to a healthy lifestyle (and the health of your business).

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“Maintaining a healthy lifestyle” is often used synonymously with “losing weight,” but there’s more to taking care of yourself than improving your appearance (though that’s definitely a perk). When you’re healthy, you’re more capable of being effective in every area of your life, including running your business.

Most business owners are so busy taking care of their companies that they don’t take proper care of themselves. You might think you’re doing what’s best for your company, but in the long run your diminishing health will only hurt your business. Here are a few tips you can integrate into your daily routine that will help you and your business stay fit (oh, and you might lose weight, too).

  1. Eat up, but choose carefully. Make sure to get a variety of foods, eat regularly and avoid skipping meals. Keeping a balanced diet is important and as simple as creating variety. Pay attention to how many fruits, vegetables and grains you’ve taken in throughout the day. Getting the nutrients you need will help you be more productive at work.
  2. Eliminate bad foods. When you’re hungry but don’t want to take time to prepare a meal, you might be tempted to choose unhealthy snacks like potato chips or candies. These foods will provide you with an immediate sugar rush but ultimately give you more calories in your diet and leave you feeling lethargic. Instead, choose healthy snacks like fruits or vegetables. Losing empty calories can give you more of the energy you need.
  3. Get plenty of sleep regularly. Consistency in your nighttime routine will help you wake up feeling refreshed and ready to take on the day. Sleeping also gives your mind time to process the information you took in during the day, so new things you learn or tasks you need to accomplish will be easier to remember when you are well-rested.
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March 17th, 2011
Real estate terms to help you become familiar with the industry.

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Like any industry, real estate has its own terms and lingo. Here are a few common ones to get you started:

  • Agent – Someone who represents another individual (the seller or the buyer) during the purchase of a property. They will usually be paid based on a percentage of the property value.
  • Appraisal – When a professional third party estimates the value of a given property. Done by an appraiser, this value is usually the starting point for negotiations.
  • Assumable Mortgage – Mortgages with terms that can be transferred directly to a new owner in the case of a sale.
  • Closing – The official transfer of a property from one owner to another. Can be used to refer to the actual day this takes place.
  • Closing Costs – The funds associated with finalizing a purchase and are due at the time of closing. Closing costs include various fees for various aspects of the mortgage.
  • Comparable Market Analysis (CMA) – A comparison of other nearby properties to determine the value of a property.
  • Condominium – A type of property in which the owner owns a unit in addition to a joint ownership of any common areas.
  • Conventional Loan – A loan which the government does not guarantee or insure.
  • Co-signer – If more than one individual applies for a loan, they would each be co-signers and share the responsibility of the loan.
  • Down Payment – An amount of initial money which goes toward the total amount of the mortgage.
  • Equity – The value of a property minus the current mortgage balance.
  • Escrow – An account into which money is set aside each month, which is used annual to pay taxes and other yearly costs.
  • Foreclosure – A property which, usually due to default, is no longer owned.
  • Front Ratio – Your total mortgage payment compared to your monthly income.
  • Inspection – Before purchasing, the buyer may opt to have a certified inspector check all aspects of the home, looking for defects.
  • Multiple Listing Service (MLS) – Agreements among realtors giving details and conditions of selling each others’ properties.
  • Mortgage broker – An individual who represents several lenders and searches for interest rates and other costs.
  • Private Mortgage Insurance (PMI) – An insurance policy – paid by the mortgage owner – which protects the lender against default.
  • Pre-Approval Letter – Borrows may seek a pre-approval letter which gives an initial estimate of the amount they qualify for.
  • Principal – The remaining amount of the mortgage a borrower owes.
  • Property Tax – A yearly tax paid, usually paid to the local government, based on the value of the property.
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March 11th, 2011
Increase blog traffic by using these tips and tricks.

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So you’ve got a blog and you want to drive some online traffic your way. Here are some suggestions to make that happen.

First of all, you want to create a welcoming, easy-to-use experience. The design of your blog should be such that people can easily navigate wherever they want to go and aren’t confused when they get there. You don’t have to spend a lot of money on a designer or anything, but using good colors and readable fonts will certainly help your traffic and bounce rate.

The next most important thing is to have quality content. Nothing will bring more people in than having stuff they actually want to read, and nothing will get them to leave faster than worthless information.

With those in place, there are some additional ways to increase your traffic.

  • Utilize social media. Submit your content to various networking sites, and utilize your existing network to share your content.
  • Encourage your readers to comment, and make comments on others’ blogs. Add to the discussion and build a community.
  • Include images with your content. A picture is worth a thousand words, and may be worth at least that many viewers.
  • Include a link to your website as part of your e-mail signature. There may be some people you connect with who don’t even realize you have a blog.
  • Search for guest blogging options. Getting your name out there not only helps organic traffic, but can also improve your SEO.
  • Begin some regular features. Having “Wednesday is Pictures of Cats Day” will help build some regularity and give your readers something to look for each week.
  • Talk about what’s going on now. Giving valuable insight to current events or trends will help people look to you as a source of what’s going on.

Use these tips to increase your web traffic, build your brand, and promote your business.

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March 10th, 2011
Guest blogging is a great way to build your business.

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There are two main ways guest blogging can grow your business – either you guest blog for someone else or someone else guest blogs for you. Each of these have different ways of helping your business grow.

  • Accepting Guest Blogs – It can be difficult to continually provide regular, relevant content for your website. Not only do you run out of ideas or get burned out, but your readers are always getting the same perspective from the same person. By allowing someone else to guest blog for you, you’re building variety and spreading the workload. This will also help build exposure for your website as the individual who wrote for you will mostly likely share their recently posted article with their own network. Those people will then visit your website and give you that increased exposure. As for finding people to write for you, while you can pay freelancers to write regular content, there are plenty of individuals out there who will write for free. Most will simply request you include a short bio at the end of the article, as well as a link back to their site. All of this variety – in writing, in linking, etc. – will also help improve your search engine results.
  • Writing Guest Blogs – Another great way to build your business is to find websites looking for guest bloggers. Again, while some will pay, others will only offer a link back to your site. This link back to your site is certainly worth it as it will help build your exposure – again, with people following the link and checking out the website, but also with search engines. Having a variety of sites linking to your website will help improve your search results.

So whether it’s once a week or a few times a month, spend some time working on guest blogging – either finding people to write for you or writing for others. It will help build your business.

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March 3rd, 2011

PMI offers tips for choosing an eBay product.With around $7 million in sales on eBay every hour, don’t underestimate the variety of products that have a market. This doesn’t mean you should try to make a living selling bizarre items on eBay, but keep an open mind as you begin the process of deciding on a product.

The key to successful product brainstorming is to leave your mind open to all possibilities. You can evaluate them later, so for the time being set your brain free. Simply jot down everything that comes to mind.

For instance, start by thinking of your interests and hobbies. Are you an avid angler? Do you like working in the garden? Do you enjoy cross-stitching, knitting, or sewing? Do you have cats or dogs? Consider the areas of expertise associated with your profession. Think of items both inside your house and out. Select things that you enjoy or that you believe in. Your list might include ideas such as fashion, camping, golfing, your job, travel, and so on.

Remember, at this point, you are simply coming up with general ideas. Don’t over-analyze, just write ideas as fast as they pop into your head. Don’t settle on the first product you think of. Brainstorm at least five or ten possible product areas. As you move forward with the process of identifying a profitable product, you’ll be surprised by what you uncover.

If you are struggling to come up with any ideas, use Google Product Search. This is different from the general Google search engine. It is a tool to use when brainstorm product ideas because it lists the products that were recently searched for and found using the Google. You can find it at www.google.com/products. It lists 25 products at a time. Every time you press the Enter key, a new list of 25 products displays.

Remember, these are not necessarily product ideas that have had multiple searches. They are simply recent Google searches, making it an easy way to get some ideas of product areas in which you may want to sell.

Many people find that they are able to come up with ideas through brainstorming that they would not otherwise come up with. Go ahead and take 15 minutes to do it right now. Grab a pencil and a sheet of paper and see what develops.

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February 24th, 2011

PMI offer tips for finding a wholesale supplierThere are many different options when it comes to finding a wholesale supplier. One of the first sources that comes to mind is free wholesale directories. Knowing the benefits of Internet businesses, various well-meaning people have put together lists of wholesalers from around the world and have made those lists available for free. 

The first benefit of the free wholesale directories is that they are free. Most of the free directory sites have thousands of wholesalers for you to browse through, so your chances of finding somebody who has the niche product you want to sell are quite good. You also may find a company that other websites similar to yours do not use. This is because there are generally fewer competitors using these free wholesale directories. 

Free is good, but it can also mean cheap. Because these directories are free, their developers usually don’t spend a lot of time making them customer-friendly, so it can take more time for you to search through their listings trying to find a supplier for a particular product. And when you do find that supplier, you will need to contact them to see what kind of supplier they are because the free directory usually does not say. Now, if you find a manufacturer who does not dropship (most do not) that doesn’t mean the end of the road for that product. Instead, take a few minutes and talk to them to see if they are willing to give you a list of distributors they work with. Some of these distributors may be willing to dropship. 

On the flipside, you may want to consider paid directories. Virtually every company you find in paid directories either dropships or allows bulk purchasing. Paid directories allow you to find a supplier or dropshipper quicker than the free directories can. With their qualifying process, paid directories ensure that all the companies listed in them will either dropship or allow for bulk purchasing (some even allow small bulk purchases). Paid directories are also easy to use. Many have a keyword, category, and sub-category searches. 

The biggest drawback to paid directories is that you have to pay for them. This goes back to knowing your company resources. If you have the time to search free listings, you can choose that route, but many people who have full-time jobs or other obligations don’t have enough time to search free directories when they know that that can pay a small fee and do the same, or better, in a matter of minutes. Most paid directories only ask for a one-time lifetime membership fee, but there are also a few now that have month-to-month payment setups. 

Another drawback to paid directories is that because they are so fast and easy to use, you may face more competition for the suppliers listed there. Time is money, and most business owners agree that paying a small fee for quick information is better than saving the money and spending time searching. So more and more business owners are turning to paid directories, which means it will be harder for you to find a unique supplier with one of them. 

Search engines are another way to find suppliers. They can help you sift through billions of websites on the internet and can yield some small and less-publicized suppliers. In fact, some of the suppliers you can find through search engines may be newer and haven’t had time to get listed in the major directories. Newer suppliers will have less competition for them and can give you an edge on your already established competitors. 

The biggest advantage to using search engines is that they’re free. For businesses that have a lot of time but very little money, this can be a great way to find a supplier. Not only are they free, but you will have little competition for the suppliers you find. Not many people have the time to search through pages and pages of search engine results looking for a supplier (which is why directories have become so popular). But if you have the time and are willing to search, you can find some excellent suppliers. 

Of course, search engine research is not without its drawbacks, and the biggest is the time required. Think about the last time you searched for something on the internet. How many pages of results did you look at? Most people find what they are looking for after the first two or three pages and only rarely venture beyond five or six pages of results. But with search engine research for suppliers, you may need to go to page 10 or further to get a few good candidates. The reason you need to go so deep in the results is that some of the results will be unreliable or irrelevant. Additionally, you should take extra time to check the background of companies you find through search engines because the engines themselves don’t screen results. See if the Better Business Bureau has any information on the companies, search in forums and chat rooms, and even check other online business rating services. Understand that there will never be a company that has 100% customer satisfaction and that you will see some negative reviews, but look at those reviews carefully and try to determine if their claims are substantiated.

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February 16th, 2011
Discovering and understanding your learning style can help you learn new concepts more quickly.

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Imagine yourself in a classroom working on an assignment. You’re doing well, concentrating on the task at hand and making good progress. Then something really distracting happens, and it won’t quit. You’re so annoyed by what’s happening that you can no longer focus on what you’re studying or remember the last thing you read.

What is it that annoys you so much? For some people, a lot of movement in the room – people getting up to get a drink, or to sharpen their pencils, or to ask someone a question – might divert their attention. For other people, noises are more distracting. Maybe someone outside is mowing the lawn or people in the next classroom are being noisy. For others, the most distracting thing is physical activity happening around them – activity that they are missing out on.

When it comes to learning, most people use one sense more than others to help them process information (and when that sense is distracted, concentrating can be difficult). Researchers have studied this tendency and determined that the sense individuals prefer to use in learning situations determines their learning styles.

While we have five senses, there are three common learning styles. Visual learners use their eyes to take in new information and rely heavily on seeing things demonstrated or portrayed visually in diagrams or posters. Auditory learners use their sense of hearing more. That is, they understand directions best by hearing them spoken, then repeating them. Kinesthetic learners rely more heavily on their sense of touch to understand new concepts, preferring to physically trace the path of events on a map with their fingers or demonstrate a process in front of a group.

Pay attention to the study techniques that help you understand new concepts best, then determine which senses they use. This will help you understand which learning style you prefer and will allow you to comprehend material more quickly by catering to that style.

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February 11th, 2011

Good customer service is essential.

“There are no traffic jams along the extra mile.”
–Roger Staubach 

We live in a hyper-communicative world. Twitter enables people to share benign news like where they ate lunch or what route they took to the office, yet millions of people tune in. This provides entrepreneurs with exciting opportunities. The right message, shared the right way, can reach an incredibly large and targeted audience. But this phenomenon cuts both ways. As Jeff Bezos, founder of Amazon.com, explains, “If you make customers unhappy in the physical world, they might each tell 6 friends. If you make customers unhappy on the Internet, they can each tell 6,000 friends.” 

e-Commerce is unique because you don’t get the opportunity to meet your customers face to face. It doesn’t matter if you are an incredibly nice person with a winning smile, because your reputation is predicated on your customer service. How you deliver on your promises and react to complaints determines how you are viewed.

Coming up with effective customer service practices is easy – just think about what you like when dealing with a business’s customer service, and then do it. By treating your customers as you want to be treated yourself, you’ll bring out the best in your business. And they’ll love you for it.

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February 8th, 2011

Making the most of Twitter.

Twitter is a powerful business tool when used correctly, so how do you get the most out of it? Here are a few pointers and ideas when it comes to your regular posts:

  • Consider running a poll. Find out what your followers think of your next business decision. By letting them get involved in the process, you’ll be surprised by how excited they’ll get.
  • Share relevant and interesting information. This means that you don’t only share ads. This includes industry news, funny stories and reviews of complementary products.
  • Run a contest. Nothing gets people excited like a contest or giveaway. Sweepstakes are fun, but to really get people involved, try a contest that requires them to personalize their submission.
  • Maintain a consistent tone and voice in your tweets. Random and erratic tweets won’t win the hearts of your followers. Deliver recognizable quality on a consistent basis.
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January 28th, 2011

hello twitter and facebook

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