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Tag: carl icahn
5 Opportunities Online Business And The Keys To Be Success
Maybe you ever heard about the government try to decrease the jobless by increasing productive labor, for young generation we must to answer that challenge. But not all society can exploit the oppotunity that have been given by the goverment, some of people tends to make their own business. Online business become one of the option, its because this kinds of business can achieve big income if the people can exploit the strenght of this business. Promoting, selling, socializing and learning are the key of success in online business. For you who dont have any idea to make your own online business, there are 5 opportunities online business such as:
This kinds of business maybe become the smallest online business but if you operate it properly, this business will conduciving a big profit. You dont need to go anywhere, you just have to promote it onlinely. You just have to make your own business to be known by many people. The success key for this businees, fast services, easy transaction and no debt. Usually ease of transaction is identical with pay later. This is why the reason that cause a lot of pulse business go bankrupt.
What do you know about Dropshipper? Or Have you ever try to be Dropshipper? Dropshipping is kinds of business that selling other peope product without buy it, your function is only become mediator. So, you dont need capital because you didnt spend the money to start it. As the dropshipper, you duty is to find the buyer, you will get the profit ff the difference in the selling price that you must set it by yourself. Dropshipping is a promising small business and it can be done only from home or from anywhere by using your smartphone or tablet. Some of support facilities for this business such BBM, WA, Instagram, Facebook Group, Twitter or even website. The success key for this businees is to convince the buyer that you are not imposter, so you must make the product looks good and convincing.
- Selling Ebook
Selling the book from publisher if you are the begineer businessman surely you will get rejected. The publisher also doesnt want loss in printing the book from writer who didnt have any reputation. You dont need to get frustated become there is creative solution by selling your book in Ebook form. Ebook or electronic book is a book with electronic format, which generally form pdf file, MS Word, PowerPoint and others. If you have a lot of ideas and you want to sell your book to others people, you can make it in ebook form. Usually the best-selling ebook contains guides, tips, and tricks to make money or in the form of information that many readers need of. There is no capital money needed to start this online business except your time, effort and mind.
- Follow Affiliation Programme
Affiliation program will lets you to earn commissions from products sold through your promotional services. Promotional services can be in the form of advertisement on your blog or website. The key success, you have must have a large number of daily visitors. This business is actually not much different from dropshipper, where you are as the mediator between the owner of the goods and the seller. However affiliates generally do their own business online on the internet. Where these affiliates have sites, blogs and social media accounts to promote their wares.
The Success Key and Stages in Staring The Online Businees
The Online Business let you maybe who almost no capital needs persistence, extraordinary effort. Different with other business that need big capital. Nevertheless such endeavor will be meaningless when you are a mentor so falling everywhere to try without being directed, unable to make money and lead to despair. So if you want to get success what you need to do such as:
When creating an online business, you have to look around and find a successful example of the business model you want, then learn, observe, copy and modify. Keep it in mind, all businesses must have existing models, if you can not find it, whether you are an incredible genius, your online business will not work in the real world.
- Find Partners for sharing
Even if you need capital, try not to invest your own money. Since most of businesses are risky, moreover you do not to understand well with the risks that will happen later, then find a partner. So, if everything doesnt go well, you will not go bankrupt because of the start-up funding, and not pursued debt.
- Price Time, Convert to Money
Convert the time you spend to business with money. Rate the money in your time, for example 20 USD per hour. The goal is to help when you have to make a decision: for example, a store charges 10 USD thousand for shipping every week, and it takes two hours to go to the store itself, then pay the postage for the company because it is cheaper. This is the basic principle of respect the time.
- Perform Maximally
The initial stage of starting a business, you must be willing to work hard, overtime, but dont forget personal gain and health. As the begineer entrepreneur, you will not be able to pay employees, even if the employees are cheap. So you should work for yourself first.
- Recruit Employees
If your business has started running well, you dont need to work alone again, maybe you should begin to recruit employees well. For that, just do the recruitment process with care, without haste. Find people who has a passion in that field. Employees are the key to your businesss future. In their hands the vision of your mission will be realized.
- Take advantage of the Latest Technology
Since your business is online business, then you should use the latest technology. New technology such as applications and data storage with cloud technology are very cheap and can make small companies will be able to compete with large companies. Allocate your time to learn some of the latest technology developments so you can take an advantages with the low-cost technologies on the market to support your business