Do You Have an Internet Home Based Business Idea?
Now that you have had that internet home based business idea and have decided to start a business from home, selecting the right business opportunities is as easy as 1-2-3, well maybe 1-2-3-4!1. Decide to Market a “Consumable” productWhen trying to decide which internet home based business idea you should develop, just think about this for a minute – every time anyone gets out of bed each day and goes to work, someone makes money. Every time you pick up the telephone, someone makes money. Every time you eat, turn on the water, start your car, use a bar of soap, or get a haircut, or go on a vacation, someone makes money. Imagine transactions of hundreds or even thousands of dollars and also millions of $3 or $4 sales several times a month, year after year, after year.The ideal internet home based business idea which develops into a turnkey home business is one that markets consumable products or services in such a way that after your initial effort is done; repeat orders, sales and commissions come to you for that effort on a continuing basis.2. Be ahead of the major Market TrendsA “Market Trend” is really an economic movement, meaning that large masses of people’s spending habits are moving in a uniform direction. The effect the baby-boomers have had and will have for years to come on the American economy is a good example.One leading economist likened the effect the baby-boomers have had on the economy since birth to a basketball running through a garden hose! That fact along can be a major factor in generating profitable home based businesses and should certainly be considered when developing our internet home based business idea.When developing our internet home based business idea, the question we must ask ourselves is: Are we positioned in front of the basketball or behind it?History shows that those who identify these trends early, and are able to meet the needs of these trends, are able to create abundant wealth for themselves. In essence, they get in front of an economic wave and ride it to financial freedom!The key is timing. Get in front of the wave and take the ride of a lifetime.Current research shows, that what most people want out of life is feeding the current market trends and should be considered in your internet home based business idea:1. Owning Their Own Business2. Having Tax Advantages3. Being Financially Independent4. Being Healthy5. Being more environmentally conscious6. Having A Rewarding Career7. Owning Their Own Healthy Home8. Looking & Feeling Younger9. Losing Weight10. Traveling11. Improving Their Lifestyle12. Personal Development Training and SupportMega-TrendsThese are the wants and needs of some very large consumer groups. In fact, some very large trends are gathering momentum as you read this. They are so large that they can accurately be called “Mega-Trends”.One of the mega trends is in the area of Health and Wellness- An Internet Home Based Business Idea Because of the economic influence of the Baby-Boomers, economists are predicting that this industry will be the next Trillion dollar industry within the next ten years. Paul Zane Pilzer, an internationally known author, college professor and economic advisor to two presidents, predicts that there will be 10 million new millionaires in the Health and Wellness internet home based Network Marketing industry within the next 10 years. Now that could be a basis for an internet home based business idea!I guess the question we need to ask ourselves is: Will we be one of them?Another of those trends is in Travel – an Internet Home Based Business Idea and recreation. Some estimate this industry to be 7 trillion worldwide with expectations to double within the next 6 or 7 years which is over 20% faster than the US economy. Other experts estimate that travel in the US along exceeds 1.3 trillion.I have read that there are more cruise ships to be built within the next 5 years than in the previous 45 years total. Baby-boomers are swarming to the luxury resorts around the world and this activity is expected to increase as the boomers experience the inheritance of their parent’s money and also begin to draw on their own retirement plans.With the baby boomers currently retiring at the rate of about 1 per second and increasing, increase in travel could very well be the largest mega-trend we will experience in our lifetime!The combination of these Mega-Trends is causing one of the most explosive economic waves in history. Now there is another potential internet home based business idea! All Wealth is first created in the Mind and then transformed into reality by the application of known Principles! – Think and Grow Rich! – Napoleon Hill3. Leverage your timeLeverage, through the process of duplication and multiplication, allows us as entrepreneurs to develop a successful internet home based business idea, part-time, around our busy lifestyle. In essence, leveraging our time allows us to get more done in a shorter period of time with less effort. This concept applied in your home based business means you can accomplish more than you could normally accomplish on your own.When effectively incorporated into an internet home based business idea, computer and internet technology can multiply leverage thousands of times. That means in the right system, networking and internet technology can do the work of thousands of people, and you get paid on that work! Imagine developing a business part-time, which can grow to a full time career, that wouldn’t interrupt your present circumstances, and provides you a flow of income while you spend time with your family, travel, go to the beach, or even sleep! That’s the power of leverage.4. Market SelectionBefore choosing the right internet home based business idea, one must first identify the fastest growing industries as well as the most profitable home based businesses. Some of the fastest growing industries today are:Greeting Card Industry – 7 billion greeting cards are purchased every year. Annual retail sales of greeting cards are estimated at more than $7.5 billion. Nine out of every ten households purchase greeting cards each year.Working From Home – $401 Billion Dollar Industry.Internet Marketing – exceeds $523 Billion according to a study done by the McCombs School of Business and is expected to reach 7 Trillion within the next 3 years.Mail Order Marketing – $350 Billion Dollar Industry and growing.Wellness Industry – $200 Billion Dollar Industry and expected to reach $1 Trillion within 10 years.Nutrition Industry – $4.2 Billion Dollar Industry and exploding.Weight Control Industry – $33 Billion Dollar Industry fueled by epidemic size obesity levels. An estimated 70% of the U.S. population needs to lose 10 – 50 pounds.Personal Care Industry – $72 Billion Dollar Industry.Cosmetics Industry – 8 Billion Dollar Industry – and steadily growing.Travel and Vacation – $860 Billion and growing.When developing an internet home based business idea into profitable home based businesses, it is not necessary to pick an industry which we already have an affinity for, although it certainly is desirable. However, as you will see in upcoming pages, if you have the Desire to build a business and new lifestyle, there is a fit for you out there. Again, the challenge is to select the right business and company when you start a business from home.Not only should the market and marketing concept fit you, but in order for a business to be real it must have the right: Product, Market, Timing, Management, Company, Compensation, and Benefits and Rewards.We should not look for get-rich schemes! If you are serious about your goals of personal development and building a long-term residual income and work diligently towards goals you will succeed.
8 Tips on Hosting the Best Dinner Party in Toronto!
Summer is wrapping up, but the party season is not over yet! After all, who says you can only celebrate during the holidays? If you’re looking to host a dinner party that will be remembered long after the last dish is cleared, read on for our top 8 tips:
Set the mood with music and lighting: The right playlist can set the tone for your party. Make sure to have a few fast-paced songs to get your guests dancing and some slower tunes for when things start to wind down. And don’t forget the candles! Nothing says ‘romantic dinner party’ quite like a few flickering flames.
Serve up something unexpected: Sure, you could just stick to the classics like roast chicken or steak. But why not get a little creative and get your dinner party catered? At Toronto Pho, we offer a wide variety of party platters that will impress your guests. From our famous pho noodle soup platters to our unique take on Pad Thai platter, fried or fresh rolls, there is always something we can whip up that will tantalize your taste buds.
Get everyone involved: A dinner party is a perfect opportunity to get your friends and family involved in the fun! Ask each guest to bring their favourite bottle of wine or their go-to dessert recipe. Not only will this make your job as a host a lot easier, but it’ll also make for a more enjoyable evening for everyone.
Keep the conversation flowing: One of the keys to a successful dinner party is keeping the conversation flowing. To do this, make sure to have some icebreaker questions on hand to help get things started. And if there are any awkward silences, simply fill them with stories about your recent travels or that new show you’re binge-watching.
Plan ahead: The last thing you want is to be scrambling around at the last minute, trying to get everything ready. To avoid this, make sure to plan and get organized. This way, you’ll be able to relax and enjoy the party along with your guests.
Make it personal: A dinner party is perfect for showing off your unique style and personality. So don’t be afraid to let your creativity shine through! Whether it’s the food you serve, the music you play, or the decorations you choose, make sure everything reflects who you are as a host.
Keep it simple: One of the biggest mistakes people make when hosting a dinner party is trying to do too much. Instead of going overboard, focus on keeping things simple. This way, you’ll be less likely to get stressed out, and your guests will have a more enjoyable evening.
Have fun!: Last but not least, don’t forget to have fun! After all, that’s what a dinner party is all about. So kick back, relax, and enjoy the evening with your friends and family.
The Failure Of Global Supply Lines
The failure of global supply lines in America is at least as old as the country. Its history goes back to the Boston Tea Party. An event where the supply of Tea and other products was unreliable, over-priced, and over-taxed.
Back then, enterprising Americans rose to overthrow this economic dictatorship and eventually declared a free and independent country.
Throughout the next century, America remained mainly true to the mantra: “buy American.” Thereby creating the most outstanding economy on earth. The American economy was noteworthy for its remarkable balance between supply and demand. American raw materials and American components supplied the mighty automakers in Detroit. Power came from the coal mines up and down the Appalachians—steel and glass from the plants in Pittsburgh.
Back then, supply and demand were kept equal by the free market operation. Decisions at the plant level meant those managers could budget, plan, and store all they needed to continue production. If the plant manager saw that coal or steel was running short, they would stockpile additional inventory to meet that future shortage.
The balance came from each actor along the supply chain, acting in their self-interest but producing a well-ordered symphony of economic harmony. It was a process that was a wonder to behold. It was what Adam Smith, nearly 200 years before, called the “Invisible Hand.”
Unfortunately, by the 20th Century, American Politicians, along with unscrupulous business interests, who thought they had a “better way.” Let’s go global. The oil industry was one of the first sectors to move in this direction. Having developed the rich Saudi fields in the 1950s, Aramco steadily increased America’s reliance on this off-shore supplier.
However, 20 years later, the Saudis turned the tables. From then on, the Saudis, not the Americans, would be in control. American oil and gas, at the margin, would be in the hands of the House of Saud.
Later, the Saudis would organize all of the mid-east oil countries. They would expand their reach to the entire globe. The Americans now found themselves out in the cold. Literally in the cold, as during the OPEC Oil Embargo, we were without energy for the first time in our history. Again, we had become reliant on others for one of our most basic economic supplies.
It was just like the Boston Tea Party all over again. Reliance on foreign supply had provided little else but a shortage. Americans had failed to learn the lessons of our history. By relying on others, we ended up with not enough.
Again in the 1990s, the most recent iteration of “under-cut America” began. It seems the entire technology sector operated under a universal business model. Market to the Americans, but build everything in China. Apple was the first to introduce this method of production. Apple would build their iPhones, iPods, Mac computers, and other products in China. At the same time, it was designing and marketing those products in the US.
I remember one particularly ludicrous moment when Tim Cooke, CEO of Apple, tried to make the case that those Chinese factories weren’t manufacturing facilities. They were just assembly plants—a distinction without a difference. However, Mr. Cooke would slice it. Those supply lines stretched across the Pacific. And Apple did not give those jobs to Americans.
Today I am hard-pressed to think of a single US Technology company that doesn’t use overseas factories to build its product. And the result is that today we have supply lines that are no longer secure. We have, once again, become reliant upon far away suppliers with different business ethics and different measures of quality. Price, reliable supply, and quality of construction are all out of the American’s hands.
The Boston Tea Party became the defining moment in this nation’s history two hundred forty-nine years ago. The moment that an unruly group called the Sons of Liberty stood up and began a series of events that would lead to American Independence. A time when Americans grew tired of working for a distant elite whose only goal seemed to be exploiting those Yankee Colonists.
I sense that we’re close to that flash point again.
Close to the time when the new group of “Sons and Daughters of Liberty” stand again and declare our Independence from today’s intertwined Global Elite.