Your home based business should bin Alles aus Mittelerde 29.09.2019 04:17
von DMT • 431 Beiträge
"We're trying to build something lasting." - Jeff Bezos Wholesale Adidas Shoes Womens Australia , founder
"In all of our activities, we take a long-term view." - Bill Gates, Microsoft Corporation founder
Vision Wholesale Adidas Shoes Mens Australia , innovation, wisdon and hard work are but four of the skills and techniques Jeff Bezos and Bill Gates employed from the very beginning of their business experience. Both started as small business owners. They didn't have much capital to spare, and neither did they locate their businesses in prized locations.
They succeeded nevertheless. The author analyzed the factors for their success and presents the lessons learned in the form of business tips. The home based business owner has much to learn from the two titans' wisdom and experience.
Lesson 1 from Jeff Bezos
Jeff Bezos built the foundation of from the garage of his two-bedroom house rented outside of Seattle. He fashioned his first office tables from wooden doors Wholesale Adidas Shoes Australia , angle brackets, and two-by-four lumber purchased from Home Depot.
Tip No. 1
Be modest in your initial investment. For example, your laptop or PC shall not necessarily be top of the line. Your office location could be the corner of your living room Cheap Adidas Casual Shoes Sale Australia , kitchen, bedroom, basement or garage. Save on office rent by all means. Be like Jeff Bezos who spent prudently and succeeded.
Lesson 2 from Bill Gates
Before Bill Gates became an entrepreneur Cheap Adidas Casual Shoes Free Shipping Australia , he had nurtured the vision that software will one day rule the world. During high school he spent many late nights with friend Paul Allen tinkering with the school's computer system.
Bill Gates secured mighty IBM's contract to supply the latter's operating system. When he was negotiating with the IBM people, he had no operating system as yet. He was able to buy a Disk Operating System or DOS from another developer for a measly $50 thousand. Of course he got the contract with IBM.
Tip No. 2
You can learn from Bill Gates by having your own vision for your small business. Lay down this vision in your mind. Then put it into writing. Read your vision everyday while at work in your small corner of the house. Your vision could be as short-term as the following:
"To make my web site land within the top five of Google when people search for the keywords 'home based business'"
Lesson 3 from Jeff Bezos
When Amazon was struggling to make profits for the first time, only its founder Jeff Bezos believed that the company's business goal could be achieved in a year's time. Jeff Bezos was highly motivated and he had his vision clearly etched in his mind. Everybody was astounded when Jeff Bezos achieved his goal after one year.
Tip No. 3
You should motivate yourself to succeed. The lesson that could be learned from Jeff Bezos is to lay down and make known in clear fashion your goal to every stake holder of your small business. They include your spouse and your web designer Cheap Adidas Casual Shoes Youth Australia , among others.
Lesson 4 from Bill Gates
Bill Gates belatedly recognized the tremendous role of the Internet in business developments. Before 1994 he downplayed the future of the Internet. But upon awakening and realized his mistake, he put his heart and mind to incorporating the effects of the technological changes brought upon by the Internet in all his company's products and services.
Tip No. 4
Choose products and services for your small business that are preferred by people at this time when the Internet is dominating people's lives. For example, it has been determined that information products and web shopping are favored by most consumers. Keep stock of research findings.
Lesson 5 from Jeff Bezos
It is said that change is the one single permanent thing on this planet. Amazon changed the way it does business through the years. First it was an online book seller. Next it expanded into selling music and videos. Its competitors have a hard time catching up with Jeff Bezos' innovative offerings.
Tip No. 5
Your home based business should be run like Amazon. You could be selling your single information product now. Two weeks from today you will have added another back-end product. Next month you will have introduced into your product line the inventory of the affiliate program you have joined in.
If your web site is content based Cheap Adidas Casual Shoes Womens Australia , you should be adding new content every day. Casual visitors to your web site will become your regular visitors when they see new content every time they come back to your