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	<title>Succeed With This &#187; Making Money</title>
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		<title>Prospecting Always Pays Off At The End</title>
		<link>http://www.succeedwiththis.com/prospecting-always-pays-off-at-the-end/</link>
		<comments>http://www.succeedwiththis.com/prospecting-always-pays-off-at-the-end/#comments</comments>
		<pubDate>Sat, 29 Sep 2007 10:04:01 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Making Money]]></category>

		<guid isPermaLink="false">http://www.succeedwiththis.com/prospecting-always-pays-off-at-the-end/</guid>
		<description><![CDATA[Developing a system of prospecting is a difficult task. But if you are persistent from the start, you will eventually reap the rewards in the future. At first, one would think that once you have practiced what you have to say and have made it a second nature to deliver it perfectly, everything will go [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>Developing a system of prospecting is a difficult task.  But if you are persistent from the start, you will eventually reap the rewards in the future. </p>
<p>At first, one would think that once you have practiced what you have to say and have made it a second nature to deliver it perfectly, everything will go smoothly.  After all, you have a perfect system, right? But that is not always the case.</p>
<p>You have to schedule your day and set targets on how many calls you need to make at the end of the week.  This will track your performance on that particular day. You need to stick to your schedule and be persistent with your goals. Of course, some will set an emergency appointment with you and some will not.  There are times people will just call you out of the blue and set an appointment in the near future.</p>
<p>After some time, you start to realize that maybe your dreams of early retirement are no longer that easy to reach.  You product is not as sellable as you want it to be—as you thought it would be.  This is where disappointment sets in.  You have not been successful. </p>
<p>Or have you?</p>
<p>After a few months, you look at the list of prospects you have written down.  And you notice that the list is extensive!  Because you have stuck with your targets, you have made a list of people who might not be interested in your product today but might be in the future.  This is actually great news for your career.  In your persistence, you have accumulated a record of potential new customers and people who you will try follow up again.</p>
<p>Since you have been very diligent in your follow up system—you know who to follow up at what time and when—you have an endless list of potential new customers who will give you considerable income.</p>
<p>Successful prospecting is really a simple process.  It may be very tedious at first, but the rewards of sticking to your targets will soon yield big rewards.  Come to think of it, just sticking with your targeted number of customers per week is an enormous success on your part already.  Remember, very few salespeople start achieving their targets at the very first try.  Most have to struggle with disappointments and a seemingly endless number of negative answers before achieving their first sale. Not to mention, the frustrations of convincing people how great your product is.</p>
<p>Just keep on sticking to your prospective targets and soon enough, your average number of new customers will increase. But you should take note that you cannot have a good average system unless you have lots of data to compare.  So give it a few months before you start averaging your new customers. As they say, if there is no pain, definitely you won’t gain anything.</p>
<p>So be persistent.  Be persistent right from the start.  And you will reap the rewards in the future.</p>
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		<title>Making Money in FOREX is Feasible</title>
		<link>http://www.succeedwiththis.com/making-money-in-forex-is-feasible/</link>
		<comments>http://www.succeedwiththis.com/making-money-in-forex-is-feasible/#comments</comments>
		<pubDate>Wed, 12 Sep 2007 21:55:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Making Money]]></category>

		<guid isPermaLink="false">http://www.succeedwiththis.com/making-money-in-forex-is-feasible/</guid>
		<description><![CDATA[There are big profits in foreign exchange trading but there are also risk factors involved. There is a need for a good forex trader to learn the margin trading and its implication. More so be aware of the opportunities and downfalls in the foreign exchange market scene. Foreign exchange market has become popular and many [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>There are big profits in foreign exchange trading but there are also risk factors involved. There is a need for a good forex trader to learn the margin trading and its implication. More so be aware of the opportunities and downfalls in the foreign exchange market scene.</p>
<p>Foreign exchange market has become popular and many traders are so eager to learn FOREX. Others venture into this business since the business requires for high liquidity, it is available on a 24/7, and the dealing costs involved is low and the leverage available.</p>
<p>Those commercial organizations involved in export and import activities are participants in the foreign exchange trading. The major players in the foreign exchange trading are the financial institutions such as banks, funds, and brokers. They invest in FOREX.</p>
<p>Starting to trade requires extensive learning. It is not enough that you want to trade. Yet is believed that there is huge profit in trading, one should take note that there may be instances that losses can be as huge as your profits. Take note that this is your own money and before getting into this activity you need to master the FOREX market functions.</p>
<p>Technology has opened individuals to start trading. Gone were the days that one needs to seek a bank or a trading institution just to start trade. There are FOREX trading course available online and allows one to learn everything about FOREX trading, making way for lots of money. These FREX trading courses provides tips and reveals the secrets of foreign exchange trading.</p>
<p>How great it is to learn FOREX before you start on trading. You are into investment, so why get into loss. You surely wouldn’t want your own money to go into wrong moves. You need to learn FOREX trading before you start investing your money. You may wish to go over website that offers FOREX trading courses, better to learn the adavanced ones. It is not enough of learning the basics, learning the FOREX advanced training will allow you to compete with other traders. There is a need for you to choose a good forex trading course that will allow you to be on top of other traders and make huge profits.</p>
<p>With the technology, FOREX trading can be done anytime and in anyplace. With a computer and Internet connection, you can post your trade anywhere you want whether you be outside of your business place or in the confines of your home.</p>
<p>It is not required to have a huge sum of money to engage in FOREX trading. You can invest into small amounts and with your learning&#8217;s on FOREX trading your small money, would yield huge money in the end. You should continue to learn and try to seek advices from successful FOREX people and who still have great share in the market trade. Their experiences would surely help you on improving whatever trading skills you have gained. You may be surprised how good it is to be in the FOREX trading market and the good that it brings to your life and wealth. Don’t feel bad if you haven’t started before but only now. It&#8217;s better late than never.</p>
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		<title>Optimize Your PPC Campaigns</title>
		<link>http://www.succeedwiththis.com/optimize-your-ppc-campaigns/</link>
		<comments>http://www.succeedwiththis.com/optimize-your-ppc-campaigns/#comments</comments>
		<pubDate>Tue, 28 Aug 2007 16:39:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Making Money]]></category>
		<category><![CDATA[Marketing]]></category>

		<guid isPermaLink="false">http://www.succeedwiththis.com/optimize-your-ppc-campaigns/</guid>
		<description><![CDATA[You can make profits in Pay Per Click Advertising two ways: by looking for new affiliate products to market on your advertising network, or by capitalizing on the existence of products that are already included in your advertising campaign. To do the latter, you would do well to make the most of your current Pay [...]]]></description>
			<content:encoded><![CDATA[<p></p><p> You can make profits in Pay Per Click Advertising two ways: by looking for new affiliate products to market on your advertising network, or by capitalizing on the existence of products that are already included in your advertising campaign.</p>
<p class="MsoNormal">To do the latter, you would do well to make the most of your current Pay Per Click Advertising campaign so that you can get the most profits out of your existing products that you can.<o:p></o:p></p>
<p class="MsoNormal">Here are some techniques that you may choose to employ to make your Pay Per Click Advertising campaign perform better and reap more profits for you.<o:p></o:p></p>
<p><strong>Rely on the Split Testing Ads technique to Boost the Click-Through Ratio of your Campaign</strong></p>
<p class="MsoNormal">Ads with satisfactory click-through rates are generally favored by big advertising networks. This means that if you find competing affiliates to be advertising the same product in the pay per click network you are part of, you should attempt to secure as much of the existing traffic as you can by improving the click-through ratio of your own ads. This way, your ads will be favored over those of the competition.<o:p></o:p></p>
<p class="MsoNormal"><o:p></o:p>To enhance the click-through ratio of your ads, you can rely on split-testing of your own ads. This involves using two versions of your ad so you can determine the click-through rates of each version. You may then favor the better-performing ad, and eliminate the worse one. You can do this split-testing over and over until you come up with superlative ads that really click.<o:p></o:p></p>
<p class="MsoNormal">You may further improve on your campaign by examining the ads other affiliates come up with. This saves you much time and effort on ad research and testing. You could opt to monitor the competition for around two weeks to see if they change their approach every so often. To monitor the ads of your competitors, you may rely on competitor analysis tools, the AdSense Preview Tool from Google (available at no charge), or just search via Google.<o:p></o:p></p>
<p><strong>Integrate more keywords so traffic volume jumps</strong></p>
<p class="MsoNormal">Adding more keywords is a good way to make the most of the value of your Pay Per Click advertising campaign. There are software that are devoted to creating huge keyword lists, such as the free Good Keywords, or the Keyword Elite (for those who can afford it.)<strong><o:p></o:p></strong></p>
<p class="MsoNormal">However, people who rely on this technique need to be cautious about using keyword phrases which have a broad relationship to your own product. The total clicks and ad impressions may go up but sales and commission conversion rates may also fall as well. Rely on keyword phrases that will draw in targeted visitors who could buy your product in the end.<o:p></o:p></p>
<p><strong>Try marketing an effective campaign in other countries</strong></p>
<p>Perhaps your campaign proved successful in the original marketing territory which was the <st1:country-region><st1:place>USA</st1:place></st1:country-region>. Why not try advertising with the same campaign in other countries as well? For example, you could expand to countries in <st1:place>Europe</st1:place>, such as <st1:country-region><st1:place>Ireland</st1:place></st1:country-region> or <st1:country-region><st1:place>Austria</st1:place></st1:country-region>? Evaluate your product to see if people in other countries would accept it. Even countries in the <st1:place>Middle East</st1:place> or in <st1:place>East Asia</st1:place> might be persuaded to buy your product eventually.<o:p></o:p></p>
<p class="MsoNormal">To succeed using this method, you have to conduct independent testing of each market. This is helpful for monitoring the influx of your commissions.<o:p> </o:p></p>
<p><strong>Tap into other major advertising networks</strong></p>
<p class="MsoNormal">Maybe you already have a product which converts well via the original pay per click advertising network you selected? You can then try to replicate the effectiveness of your campaign in other major advertising networks such as Yahoo Search Marketing, MSN Adcenter, and Google AdWords. You may find that the effectiveness of your campaign will be mitigated by factors such as editorial policies, traffic quality, and visitor demographics of the other networks but it pays to be persistent anyway. <o:p></o:p></p>
<p class="MsoNormal">Relying on these four methods can greatly affect the profits you reap from your affiliate pay per click advertising campaign, to the point you may not need to hunt for new products anymore for quite some time.<o:p></o:p></p>
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		<title>Become a Wholesale Distributor</title>
		<link>http://www.succeedwiththis.com/become-a-wholesale-distributor/</link>
		<comments>http://www.succeedwiththis.com/become-a-wholesale-distributor/#comments</comments>
		<pubDate>Sun, 26 Aug 2007 13:43:11 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Making Money]]></category>

		<guid isPermaLink="false">http://www.succeedwiththis.com/become-a-wholesale-distributor/</guid>
		<description><![CDATA[It is possible to profit from work as a wholesale distributor, though not many people are aware how to go about it. So what is a wholesale distributor? A wholesale distributor can be a company, or even an individual, that will deliver products to a retailer (or even other wholesalers) so they can sell the [...]]]></description>
			<content:encoded><![CDATA[<p></p><p class="MsoNormal">It is possible to profit from work as a wholesale distributor, though not many people are aware how to go about it. So what is a wholesale distributor?<o:p></o:p></p>
<p class="MsoNormal">A wholesale distributor can be a company, or even an individual, that will deliver products to a retailer (or even other wholesalers) so they can sell the same products at a profit to consumers. The wholesale distributor can be the inventor, manufacturer of the products, a reseller, or just an importer. <o:p></o:p></p>
<p class="MsoNormal">It is now possible to sell products as a wholesale distributor in a variety of ways which can be delivered in non-traditional ways too. Traditionally, you would simply rely on a truck, or a host of vans, to supply your buyers with your products. Nowadays, you can rely on face-to-face selling, telephone calls, or online stores to sell your products. You may then opt to deliver the products with your own vans, or pack your products by the case or truckload so you can drop ship them. Superstores (such as Sam’s Club and Costco), and other stores including Cash and Carry have been introduced as well.<o:p></o:p></p>
<p class="MsoNormal">Who are examples of wholesalers? Your local supermarket or local grocery store has wholesalers supplying their products to them. They supply basic necessities such as laundry soap, cooking oil, and toothpaste (among other products.) Wholesale distributors can range in size from one-man operations who load the products, drive the van and deliver the goods to customers themselves, to national wholesale distributors who command a fleet of trucks for the job. Many times, the wholesale distributor could be both types because the retailer could patronize different wholesale distributors to supply different products.<o:p></o:p></p>
<p class="MsoNormal">If you want to succeed as a wholesale distributor you need to take certain factors into consideration:<o:p></o:p></p>
<p><strong> 1.</strong> Demand – because there is so much demand, you can easily find customers (retailers) who will agree to do business with you.<br />
<o:p></o:p><br />
<strong> 2.</strong> You may start your business as a wholesale distributor by using a car that you have now. This means your business will start small by delivering small items first, like watches, snacks, and novelty items. <o:p></o:p></p>
<p><strong>3.</strong> Look for retailers such as convenience stores and supermarkets in your community who will agree to buy products from you. It is easy for you to find suppliers for your products – all you need to do is add your profit margin to their price and deliver them. <o:p></o:p></p>
<p><strong>4. </strong>Invest a small amount of capital into your business – True, you need to spend money to earn money, but you do not need huge amounts of capital to start profiting from the wholesale distribution business. <o:p></o:p></p>
<p><strong>5.</strong> Invest a little time into your business – some start their wholesale distribution business by operating during weekends alone. Those who have a good reputation will eventually find that retailers will start asking about their service eventually.<o:p></o:p></p>
<p class="MsoNormal">You will discover that this business also runs on referrals (just like other businesses) so you should provide great service to your existing clients, so that they will tell other retailers about you. Soon, your business will start to grow.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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		<title>Improve Your Business by Improving Yourself</title>
		<link>http://www.succeedwiththis.com/improve-your-business-by-improving-yourself/</link>
		<comments>http://www.succeedwiththis.com/improve-your-business-by-improving-yourself/#comments</comments>
		<pubDate>Fri, 17 Aug 2007 21:50:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Making Money]]></category>

		<guid isPermaLink="false">http://www.succeedwiththis.com/improve-your-business-by-improving-yourself/</guid>
		<description><![CDATA[Improve to lead; the very word indicates what it truly means. It is a current business term which is far away and much different from the usually predicted business sayings like “follow your leader” “grab examples from already successful stories” and many more. But they are truly of no use in the present scenario, as [...]]]></description>
			<content:encoded><![CDATA[<p></p><p class="MsoNormal">Improve to lead; the very word indicates what it truly means. It is a current business term which is far away and much different from the usually predicted business sayings like “follow your leader” “grab examples from already successful stories” and many more. But they are truly of no use in the present scenario, as today’s world is spinning faster and faster than ever. In such a mobile world, it is very much essential to update oneself with new changes according to the new surrounding, instead of following previous examples which are in no way connected to the fast moving world.<o:p></o:p></p>
<p class="MsoNormal"><strong>Change in Your Routine<o:p></o:p></strong></p>
<p class="MsoNormal">Improvement in business is not as easy as it sounds. It is because improvement refers to a change in our regular and constant routine that many of us are not comfortable about it. If we really learn to make changes a constant habit of our business with some innovative and creative stuff in it, there is no doubt in having a leading entrepreneur within ourselves. Moreover the change is only implied for processes on the go, which does not suit for other aspects such as employers, management or leaders. <o:p></o:p></p>
<p class="MsoNormal">Many are sophisticated by following the regular or usual routine in the business as they don’t need to chew their brains much for this. Following a usual pattern of work gives the person less sensibility of their own work, as they stay less conscious due to the practiced and bored regular routine. Only when an innovative change is frequently implemented with some logic in it, that the employers too will get a sharpness to work smart realizing their original role and knowing what is happening around them.<o:p></o:p></p>
<p class="MsoNormal"><strong>Continuous Improvement<o:p></o:p></strong></p>
<p class="MsoNormal">On the part of a successful leader it is very much essential to realize the need for continuous improvement. Changes should not be done for name sake, but it should be really analyzed and it is no doubt worth the effect while getting the result for the changes implemented. Hence it is always better to keep in mind that changes are to lead and win. But these changes should be sensible and well formatted keeping in mind the overall business strategy.<o:p></o:p></p>
<p class="MsoNormal">The change can very well begin from oneself. One can improve his strength and improve his skill to replace and update what he already has and owns. It is always wise to research on new changes that can be implemented on ones self personally so that both the employer and the employee can be benefited. The one who implements the change and the one who observes from the change both can come forward in life with the right attitude.<o:p></o:p></p>
<p class="MsoNormal"><strong>Self-Analysis<o:p></o:p></strong></p>
<p class="MsoNormal">You can ensure yourself about how far you activate a sensible change in your business by conducting self analyzing tests and by asking few questions about the various options available, various views let to float by oneself, encountering a better and efficient way for what ever implemented, about the resolutions, like whether the solution helps the crisis temporarily or solves it permanently, and providing the freedom of expressing their views for any class of labors.<o:p></o:p></p>
<p class="MsoNormal">Hence it is a leader’s role to create a team and duplicate him into that team by making others come out of the regular practice, encouraging by giving the freedom to express their reasonable suggestions and help them improve and lead. It is also appreciable to share our improvement plans with fellow labors and also analyze their contribution to it.<o:p></o:p></p>
<p class="MsoNormal"><o:p> </o:p></p>
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		<title>No money in Short Term Blogging</title>
		<link>http://www.succeedwiththis.com/no-money-in-short-term-blogging/</link>
		<comments>http://www.succeedwiththis.com/no-money-in-short-term-blogging/#comments</comments>
		<pubDate>Thu, 09 Aug 2007 16:06:08 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Making Money]]></category>

		<guid isPermaLink="false">http://www.succeedwiththis.com/?p=7</guid>
		<description><![CDATA[It seems that the craze lately in the blogosphere is that everyone wants to make money with blogging. However, not everyone wants to make money like Problogger as they realize that this level of success is extremely hard to reach. Making 5 figures monthly income is an ambitious goal and it’s a good thing bloggers [...]]]></description>
			<content:encoded><![CDATA[<p></p><p class="MsoNormal">It seems that the craze lately in the blogosphere is that everyone wants to make money with blogging. However, not everyone wants to make money like <a href="http://www.problogger.net/">Problogger</a> as they realize that this level of success is extremely hard to reach. Making 5 figures monthly income is an ambitious goal and it’s a good thing bloggers understood this, as they would’ve been really disappointed to see that after all their hope, there is little left down the road.</p>
<p class="MsoNormal"><strong>Small Money doesn’t mean small work</strong><br />
Since making $10,000 monthly is out of the question, how about just half, $5,000 is also good. The only problem is that making $5,000 from a blog, or even $2000 or $3000 requires enormous amounts of work. If your blog is new, reaching that level of $2000 a month can easily take 1 year, and it can also never happen.</p>
<p class="MsoNormal">Some people can blog for 1 hour a day and pull of tons of cash, and others can work at it hours everyday and struggle to make pennies with adsense. The point is that even if you do want to make a little money from blogging, it is not proportional; you might still need to work hard and be very patient.</p>
<p class="MsoNormal"><strong>Long Term is the only option</strong><br />
There is good news though. After you did in fact achieve that level of monthly income you desire, chances are it’s there to stay. It is no surprise that <a href="http://www.careerramblings.com/">CareerRamblings</a> just sold for <a href="http://www.cashquests.com/2007/06/career-ramblings-sells.html">$20,000</a> for making $1800 a month. The buyers knew that the monthly income from this site would not be flying away tomorrow.</p>
<p class="MsoNormal">The only way to achieve this kind of goal is with long term planning. CareerRambling started in September of 2006 and with consistency, time and quality, achieved this level of success in 10 months. You can do it too! There’s nothing stopping. If you are patient enough to wait 6-24 months before seeing profits, you can succeed. The goal is not giving up 2-3 months right after you start.<br />
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<p class="MsoNormal"><o:p> </o:p></p>
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		<title>What’s The Next Step?</title>
		<link>http://www.succeedwiththis.com/what%e2%80%99s-the-next-step/</link>
		<comments>http://www.succeedwiththis.com/what%e2%80%99s-the-next-step/#comments</comments>
		<pubDate>Tue, 07 Aug 2007 18:05:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Making Money]]></category>

		<guid isPermaLink="false">http://www.succeedwiththis.com/what%e2%80%99s-the-next-step/</guid>
		<description><![CDATA[When you start anything, it is always wise trying to see more than just 1 or 2 steps forward. While most people don’t think in advance at all and just thinking a few steps would give you an edge, it’s not enough. This is the problem most entrepreneurs have when they start their journey. Starting [...]]]></description>
			<content:encoded><![CDATA[<p></p><p class="MsoNormal">When you start anything, it is always wise trying to see more than just 1 or 2 steps forward. While most people don’t think in advance at all and just thinking a few steps would give you an edge, it’s not enough. This is the problem most entrepreneurs have when they start their journey. Starting a business requires you trying to see the future constantly, not just at the beginning. <span> </span></p>
<p class="MsoNormal"><o:p></o:p><strong>Planning as you go Along</strong><br />
Say your goal was to start a business that would bring you $3000 more in income every month. You were expecting to achieve that goal in 6 months. From month 1 you had everything in mind and you were focused. Now from month 1 to month 6, you are concentrating all your energy to reach your goal of $3000 of extra income. Every month you worked hard and when month 6 finally arrived, you reached your goal and made $3000 that month. It’s all great, but now what? You might think that you reached your business goal and you should be happy, and indeed you should be, but there’s just one little problem; like any entrepreneur, you will set yourself other goals now. But new goals take time to achieve, you know it since you just spent 6 months achieved that one business goal; you are now going to place a new goal a few months from now and restart the whole cycle.</p>
<p class="MsoNormal">The best entrepreneurs do not work with cycles. They make new plans as their current plan is moving onwards. This improves your productivity and success like nothing else and makes sure you are never out of ideas when your deadline arrives. When our entrepreneur above made his $3000 at month 6, he did not make it suddenly. He didn’t go from making $0 for 5 months straight to $3000. It was a smooth and continuous process. Therefore, there is no reason that his plan does not evolve as well. After seeing some results at just month 2 or 3, you can now start making new goals for month 7 or 8 already; you don’t need to wait. You will reach new goals one after the other one smoothly, you will reach new goals faster since you don’t need to restart everything every time you reach a goal, you won’t get caught by surprise when trying to reach your new goals, which happens often when you set long term goals, since you’ve been working on them for months. Planning as you go along can make you reach what you wanted 3 years from now in just 2 years or less, since you explore new opportunities and modify your original plans optimally with ongoing current events.</p>
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		<title>The Entrepreneur Life, Are You Ready?</title>
		<link>http://www.succeedwiththis.com/the-entrepreneur-life-are-you-ready/</link>
		<comments>http://www.succeedwiththis.com/the-entrepreneur-life-are-you-ready/#comments</comments>
		<pubDate>Sun, 05 Aug 2007 14:32:51 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Making Money]]></category>

		<guid isPermaLink="false">http://www.succeedwiththis.com/the-entrepreneur-life-are-you-ready/</guid>
		<description><![CDATA[Quitting your 9-5 job to finally be on your own is a great achievement. It’s what more and more people in the world are aiming for. The idea of being an entrepreneur is also what everyone is calling the smarter and better way of living. The entrepreneur life has a lot of known and popular [...]]]></description>
			<content:encoded><![CDATA[<p></p><p class="MsoNormal">Quitting your 9-5 job to finally be on your own is a great achievement. It’s what more and more people in the world are aiming for. The idea of being an entrepreneur is also what everyone is calling the smarter and better way of living. The entrepreneur life has a lot of known and popular advantages like more freedom and more financial benefits, but some are very quick at pointing the downsides, such as living a life that carries more risks.</p>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal">When you think about changing the way of your life, such as being an entrepreneur, you think of all the happiness you are going to benefit from it, and all the great things that will happen to you. You know that eventually all the efforts that you are going to put will be rewarded. Most people are also starting to understand that when you start out as an entrepreneur, your goal is the long term, and starting a business requires a lot of work upfront and not much profit. So patience is a quality that will come in handy, or might even be essential to your success.</p>
<p><strong>Can you keep it up? <o:p></o:p></strong><br />
Many people think that the hardest part is the beginning. It is a common thing to say that the hardest step is always the first. And they are right, after anyone starts getting used to something, the rest comes in easily. In your business journey, after you passed the first few months, or the first year, you should start getting a taste of what people are talking about when they state the freedom factor.</p>
<p class="MsoNormal">Unfortunately, when you are living an entrepreneur life, the first steps are not the hardest one, neither are the last steps nor the middle steps. When you are an entrepreneur, unless you just unleashed the greatest concept in a field or had the best idea and will instantly sell for millions, being an entrepreneur is hard from the beginning to the end. All the great success stories we hear about little start ups that make it big are real, but they are somewhat the exceptions. For a lot of people, it is a constant struggle of keeping up with the business, even if the profits are rolling. You need to constantly keep an eye on the competition, you must keep the business alive, you need to innovate, and even with all that, your business can fail after many years of success.</p>
<p class="MsoNormal">Many people make the mistake of starting their business, making it successful and think it will stay that way. The benefits of being an entrepreneur comes not only with the cost of upfront work and money, but also with the perpetual energy and thinking you will have to give to it, and the constant risk of everything falling apart. And it is in this state of mind that you have to think if you are truly ready to live an entrepreneur life.<o:p></o:p></p>
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		<title>The Keys to Successful Trading</title>
		<link>http://www.succeedwiththis.com/the-keys-to-successful-trading/</link>
		<comments>http://www.succeedwiththis.com/the-keys-to-successful-trading/#comments</comments>
		<pubDate>Tue, 31 Jul 2007 10:12:28 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Finance]]></category>
		<category><![CDATA[Making Money]]></category>

		<guid isPermaLink="false">http://www.succeedwiththis.com/the-keys-to-successful-trading/</guid>
		<description><![CDATA[Making money is one thing, managing it is another. One form of money management is through investing and trading money. People who are entrepreneurs are different in almost every aspect than other people; entrepreneurs not only make money differently, but once they make it, they keep seeking ways to make even more of it. They [...]]]></description>
			<content:encoded><![CDATA[<p></p><p class="MsoNormal">Making money is one thing, managing it is another. One form of money management is through investing and trading money. People who are entrepreneurs are different in almost every aspect than other people; entrepreneurs not only make money differently, but once they make it, they keep seeking ways to make even more of it. They do it because they know it’s possible. Entrepreneurship is all about finding opportunities everywhere possible.</p>
<p class="MsoNormal">When I make money with websites or with businesses, I don’t just keep it in the bank like most people do. Banks offer possibly the lowest interest rates possible. I invest and trade till the last penny. <a href="http://www.succeedwiththis.com/expand-your-skills/">Learning related skills</a> will come in handy. Since trading money has more benefits than leaving money in the bank, it also carries more risk.</p>
<p class="MsoNormal">If you aren’t the type of person who runs away when they hear the word ‘risk’ and you are still reading, congratulations! You are a step closer to success.</p>
<p class="MsoNormal">I have read over 20 books on the subject of trading in the last years, and I have also tested more strategies than I care to admit. Here are very briefly the conclusions that my years of trading brought to me. I will try in the future to expand most of these points to truly share my experience.</p>
<p class="MsoNormal"><strong>Educate Yourself</strong>. I started trading like everyone else; just buying and selling stocks before studying anything, thinking I knew more than most. You will quickly realize than knowing a little more than most will just make you lose less money than most, not win money. You need an incredible amount of knowledge to make money in trading, so go ahead and absorb as much information as possible.</p>
<p class="MsoNormal"><strong>Define Goals. </strong>You need to know what you want before you know where you’re going. Put real numbers on the table. I had a friend who told me he made like $3000 last year and was happy. When I asked him how much money he was trading with, he told me $75000. I calculated and replied that it’s just a 4% gain, and that he’s better leaving that money in the bank because it carries no risk at all compared to trading. Unless you put real numbers, you will be doing some foolish things like my friend.</p>
<p class="MsoNormal"><strong>Have Clear Systems. </strong>Whether you trade with fundamental analysis or technical analysis, you have to leave guessing alone. Before you even start trading, you need to know how you will react giving any eventuality. In case of doubt, retract. If you don’t know what to do and still act on it, you will be a loser no matter what happens. Situation one, you will lose money, and that’s the end of the story. Situation two, you will win money, and you will think you are good or learned something; <em>confusing skill with luck is the worst thing that could happen to you.</em> <o:p></o:p></p>
<p class="MsoNormal"><strong>No matter what you do, SURVIVE! </strong>In trading, you always have the opportunity to make money and retry… as long as you’re still playing. Never risk money that will put you in a position of not being able to trade again. Trading is an ever learning journey where new chances come and go. You need to try all of these situations for you to become a better trader in the future, so it’s not just about making money now. If you want to experience it, you need to preserve capital. Do not lose your cool when you lose money and then risk even more. You WILL have new opportunities in the near future, just be patient and remember to always stay in the game.</p>
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		<title>Taking The Right Decisions</title>
		<link>http://www.succeedwiththis.com/taking-the-right-decisions/</link>
		<comments>http://www.succeedwiththis.com/taking-the-right-decisions/#comments</comments>
		<pubDate>Wed, 25 Jul 2007 12:15:30 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Blogging]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Making Money]]></category>

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		<description><![CDATA[Decisions are probably the most important thing in your life. Decisions are what shape our lives. The difference between a school drop out and a doctor is that one simply decided to quit, while the other one continued. It’s that simple. I’m not saying one is better than the other; in fact, many school drop [...]]]></description>
			<content:encoded><![CDATA[<p></p><p class="MsoNormal">Decisions are probably the most important thing in your life. Decisions are what shape our lives. The difference between a school drop out and a doctor is that one simply decided to quit, while the other one continued. It’s that simple. I’m not saying one is better than the other; in fact, many school drop outs become millionaire entrepreneurs. The fact is that one simple decision can entirely shape your life into one direction or another. Decisions are also what make the difference between fat people and fit people, between productive people and lazy people, and so on.</p>
<p class="MsoNormal">If decisions are so important, taking some time to reflect on knowing how to be able to take the best decisions can be really worthwhile. We take so many decisions every day that being a poor decision maker can seriously damage the quality of your life. Also, it is not because you are successful now that you definitely are a good decision maker; good decisions lead to a success, but the inverse is not true.</p>
<p class="MsoNormal"><strong>Opinions and Advices<o:p></o:p></strong></p>
<p class="MsoNormal"><strong><o:p></o:p></strong>This is one of the most important aspects of decision making, which deals with the others. No matter who we are, whether we are the richest person, the smartest person or the most skilled person, we all need opinions. No one has the absolute answer to anything, and we know we can all be wrong at any give time.</p>
<p class="MsoNormal"><o:p></o:p>The problem when we ask something to someone is that far too many times we are in a <em>vulnerable state</em>. A lot of people, when taking other opinions, value the other ones more than ours. If you are wearing something that you think looks good, and you ask someone and that person tells you it’s ugly, you immediately think it’s ugly. But why? I could understand if you asked like 3 or 5 people and all of them told you the same thing, but in this scenario, it’s one against one, you thought it’s good, and he thought it’s ugly. Why are you giving more weight to the other opinion? You need to give each and every single opinion its right value, including yours.<o:p> </o:p></p>
<p class="MsoNormal"><strong>The right people<o:p></o:p></strong></p>
<p class="MsoNormal"><o:p></o:p>When it comes to taking decisions, best friends are good, but smart friends are better. Do not mix emotions if you want the optimal decision. Your best friend might be the person who you talk to the most when it comes to business, but if he doesn’t know the first thing in investments, what’s the point in asking him what he thinks about this or that stock purchase?</p>
<p class="MsoNormal"><o:p></o:p>Just remember, not every opinion is equal, not every opinion counts, and don’t be vulnerable when asking for advice.</p>
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