Which One is More Important - Product or Mailing List?

If you would ask this question, “Which one is more important - the mailing list or the product?” any savvy marketer would answer you, “The mailing list”.

 

Principally, any wise business person puts the importance of hungry demand (and not just any demand) in front of the product. In other words, there is no product if there is no demand! And a mailing list represents the demand or your business if you would like to call it.

 

If you frequent the Joint Venture forums and membership sites of any kind, you will find that product and service owners need mailing list owners more than the other way round. This is because the mailing list owners have the prospects that the other type of partner is looking for to sell to.

 

And if you are a mailing list owner, you do not have to necessarily make money from selling your own product. You can sell advertising space or craft a Joint Venture with product owners in return of commissions, recurring or not.

 

Most of the biggest success web businesses on the Internet today often establish the mailing list (or subscribers) first before the product. One fine example is Friendster.com.

 

Friendster.com, in the nutshell, is a website that connects friends and potential friends from around the world through a free membership access.

 

While Friendster.com does not make money from the number of members who join the site, the business makes money from selling advertising space and partnering with other big-time merchants and businesses, owing to the established number of members Friendster.com has recruited.

 

This business is perfect example that demonstrates why every business should establish a need or demand before the product itself, and why you should do the same, whether you run a friend’s site or not.

 

Publishing Your eZine - the Pros

There are several advantages publishing your own eZine can offer to you. Thus, if the pros appeal to you, then publishing your own paperless newsletter can be ideal for you.

 

The most obvious reason publishing an eZine can be the most ideal business to you is that it is so easy to start that any individual can do. There is no need to invest in starting a brick-and-mortar business or even staff and heavy machines for that matter.

 

In fact, you can do this from the comfort of your home as the most important thing you will need is an auto responder equipped with broadcast feature. Auto responders such as GetResponse.com and aWeber.com are highly recommended when it comes to publishing your own eZine.

 

In spite of the low startup cost and monthly fees, you can make money from several profit centers within the spaces of your eZine issues. You can make money from selling advertising space, just to name one.

 

Most importantly, you get to build your own personal media and spread your marketing influence, making you more valuable to product and service owners thus do not be surprised if you receive Joint Venture proposals every so often.

 

Given some of the best reasons in the world of Internet Marketing, publishing your own periodical eZine can one of the best money vehicles you will ever acquire or even build.

 

Steps to Financial Freedom

Attaining financial stability is not as hard as many portray it to be. On the contrary, it is quite easy so long as you follow the necessary steps. There are a total of four steps. 

 

Step number one involves setting your own financial goals. 

 

This not only applies to achieving financial freedom but all business sectors. Professionals claim that the main difference between those who succeed in life and those who do not is the simple fact that the previous know exactly what they want in life. 

 

Therefore, they strive to achieve it unlike those that try being jacks of all trades but end up masters of none. The same applies when achieving financial stability. It is important to set goals that you will work towards. This is the only way through which you can access your progress. 

 

Step number two is somehow basic; learn the art of making money. 

 

Many of you might laugh away this point but if critically analyzed, it means a lot. There are specific strategies or methods that are most efficient when it comes to making money. The most common is the usual 9 to 5 salary job, but this is not enough. Method number two simply involves multiplying your income streams. In this economic hardship time, the average salary is never enough. Therefore, it is wise that you find alternative means of earning money such as the popular internet money-making opportunities. Finally, make sure you invest this money and save some amount for the sake of the future. This is the only way through which your money can grow.

 

Step number three is simply avoiding negativity. 

 

When it comes to financial freedom, there is a lot of negative talk that is going around with people claiming just how much of a myth it is. I am sure that if you tell one of your close relations that you are trying to achieve financial freedom, the most obvious is a sarcastic laughter or a mare shrug. It is up to you to avoid such negative thoughts from affecting you. They might end up demoralizing you.

 

Finally, it is advisable that you first aim at clearing all your major debts. There are two types of debts; good and bad debts. Good debts help you grow while bad debts just cost you more. A buy-to-let mortgage is a goods debt since it helps you grow. Car loans or credit cards are bad debt since they end up costing you more without adding any value to your financial situations. Clear them all!

 

The Secret to Financial Freedom

Ever since the colonial period, many individuals have always been after attaining complete freedom main a lot of sectors. However, if there is one sector whereby many have failed to achieve complete freedom it is in the financial sector. To start with, what is financial freedom? This question has brought about a lot of fuss with different people having different definitions. According to Wikipedia, “financial freedom is a well-planed lifestyle whereby one is not required to work in order to earn all enough income to cater for the expenses”. This is one of the major definitions used by most of the elites in the sector.

 

Another very common definition is one that describes financial freedom to be state whereby one’s passive and residual incomes are more than his or her expenses. This is the most reliable definition. It is more common among business affiliated authors such as Suze Orman who is the author of the book “9 Steps to financial freedom”. Passive income is one that one gets from investments while residual income is one that one earns on a monthly basis from doing particular job. All in all, both incomes attribute to the total amount of money one gets at the end of the month. 

 

No matter the amount of money you end up earning at the end of it all, all that matters is the manner in which you budget for it. The secret behind financial freedom is that you earn as much profit as possible such that you can sustain yourself in the time of need. This is where budgeting comes in. It should be done in such a way that the expenses are way below what you earn in the long run. On the other hand, do not budget for all the money to an extent that your pockets remain completely empty once you buy whatever it is you had planned for. Cut down the cost such that you will still remain with some reasonable amount that if saved properly can be invested. 

 

However, this can only be done under two conditions. Number one; get rid of all the bad debts. These are debts that just add up your cost. Deal with them first before anything else. Condition number two: get as many sources of income as possible. The best alternative source is by investing more and at the same time building a job on the side. A very good example is home based network marketing that has no time limits and in addition to this you are your own boss. 

 

Tips to Attain Financial Stability Sooner

It is said that we should try our level best to live life to the fullest. This is good thing but many misunderstand this statement. Many think that this simply means that we should enjoy life to the fullest by going on tours, clubbing and having all other kinds of fun. To me, this is nothing but being extravagant. Yes, we should have fun but we should also try and limit it. The best way to live to the fullest is by attaining financial freedom. This is because with financial freedom. You can have as much fun as you can without worrying of depleting your funds so long as you plan for it. In my words, “seek the first financial freedom and the rest shall be added unto you”.

 

All in all, there are specific tips that can help you attain this precious state of being financially free. Tip number one: change your mind set. Most of us are so used to being broke such that in all we do, we tend to incorporate that mentality. With such a mentality, there is nothing that one can achieve. Therefore, it is wise for one to think ahead and positively. As a matter of fact, you should think just like the rich do in order to become rich. Get rid of all the ‘poor values’ that might be hindering you from achieving financial freedom. Stop thinking like a small business owner or an employee; think like the employer or a large-scale business owner. This will give you motivation to work even harder towards achieving financial freedom.

 

On the other hand, build your own business. Your own business is a very important asset especially when it comes to achieving financial freedom. Statistics show that many are already aware of this fact with 4 out of every 5 people above the age of eighteen want to build their own business. The problem comes in when it comes to capital. Most of these individuals claim that they do not have enough capital but this is just but a mentality. 

 

Take for example network marketing as a job on the side. All that it requires is some little money to register with an affiliate company and a PC of which most of us already own one. This is the perfect business to open up and still maintain your normal job especially with its time factor and the fact that you are your own boss. Finally, be brave and have courage. 

 

What Should You Do with Your Money?

Financial freedom has been the talk of the day among many. All the frenzy surrounding this topic has been brought about by the mystic nature related with financial. Many claim that financial freedom is just but a myth started by the rich and wealthy. They claim that financial freedom cannot be achieved. The truth of the matter is that financial freedom can be achieved. In fact, it all depends on how you choose to use your money. It is not necessary for one to earn millions a month for them to attain financial freedom. All that matters is how you tend to manage your money.

 

Money cannot guarantee you of financial freedom but it plays a vital role in achieving it. Therefore, using only one stream of income is disadvantageous. In the current economic crisis, it is next to impossible for one to fully meet his or her financial needs with the usual 9 to 5 salary. In that case, it is wise for one to use this salary to save up for another job. There are several money-making opportunities that one may choose to earn some extra cash. The most common are the several online money-making outlets available on the internet. A good example is online network marketing. Use your money to set up another stream of income. In fact, set up multiple streams but do not overwork yourself.

 

Saving is also vital when it comes to financial freedom. We have all heard it repeatedly in various areas; from banks to business conferences. We should try our level best to save as much as possible for a better future. Do not use up all your money once you earn it. Set aside at least 10% of all your income from different sources for saving purposes. 

 

In addition to these, use your money to invest. This is the only way through which money can grow. Look for various investing areas. There are several ways of investing that are available today. One can use the stock market or simply open up various kinds of business. The bottom line is that you should try and help your money to grow; and investing is your only hope of doing this. All in all, all these tips are useless if you do not minimize on your expenses. It is the little things you do that will help you minimize your expenses such as cutting down your shopping list or minimizing you bills. 

 

When Do You Really Become Financially Free

The term ‘financial freedom’ has become a very popular term in the world today, and especially in the financial sector. Many use it when referring to financial success. However, they really do not know what the true meaning of financial freedom is. In the real sense, there are several definitions of financial freedom depending on the individual’s understanding of this term. There are those who think of financial freedom as a state where on is completely free from debt. On the other hand, others think that financial freedom simply means having a huge bank account from which you can comfortably live off. Personally, I do not concur with these definitions. Think of it this way; human beings are never satisfied with money. No amount of money is enough!

 

Several business elites have tried to come up with various definitions for financial freedom. All in all, one of the best definitions is that given by Robert Kiyosaki, the writer of “Rich Dad, Poor Dad”. In the book, he simply speaks about the general financial situation of an average dad. The definition given for financial freedom in the book is that it is a situation whereby an individual’s expenses are less than his or her passive income. 

 

This definition contradicts the popular ones that simply state that financial freedom is a state in which one tends to be rich enough, with a fat bank account able to sufficiently sustain him and his family. According to Robert’s definition, one does not necessarily have to be rich in order for him or her to be financial free. All that is required is for one to be organized financially and you will be on your way to financial freedom sooner than you expected. 

 

In order to understand Robert’s definition, it is necessary that you first understand the principle behind. There are two kinds of income stated in the definition; residual and passive. What is the difference between them? Passive income is one that one gets from various business sectors that he or she had taken part in without necessarily participating in the actual business. 

 

A good example of such an income is the money one receives as dividends from shares. As for the residual income, this is just but the normal type of income that one gets on a regular basis, normally on a monthly basis. Therefore, the amount of money one gets from the two should be more than his or her monthly expense in order to achieve financial stability. This can only happen if one has a well laid out budget accompanied with discipline. 

 

It’s Not What You Can’t Do, But What You Can

Do you find yourself focusing on the things you can’t do and lamenting the fact you can’t do them? Do you wish that you could do some things you enjoy doing better than you can do them? Most of us do have these thoughts and handle them in different ways. Some just continue to do them, whilst others do a course to improve the way they do them. Some people however have approached their thoughts in a different way.

 

Instead of focusing on what they can’t do, they focus on the things they can do, and work on doing them even better. Maybe you can’t cook a very good baked dinner, but if you can create a wonderful baked cheesecake then let the cheesecake become your signature dessert. If you can’t grow tomatoes in your garden, but you can grow flowers then create a beautiful garden and become known for the flowers you grow there, rather than the tomatoes you can’t grow. 

 

When we focus on perfecting what we are already doing well, we begin to feel good about ourselves. Every day we hear our self-talk telling us conflicting stories. Our friends may praise us for something we have done or the new clothes we are wearing, but we find it impossible to accept that praise graciously and without making an excuse for it. Our negative self-talk will often speak louder than the words of our friends. Focusing on the things we know we are good at, will help our positive self-talk to say things to us that we will believe and will help our overall self-esteem.

 

Take time this week to enjoy and appreciate the things you are good at, and particularly the ones you believe you can do well. Take advice from your partner or your friends if you are not sure where your strengths lie. Enjoy focusing your time and energy on helping the good become the best and then enjoy your achievements. Allow yourself to enjoy comments and appreciation of your work. 

 

You may feel uncomfortable about accepting praise about the good things you do personally, but to put it in perspective, remember how we feel when we receive a word of praise at work? Accepting praise for the things we are good at, with ease and sincere gratitude is an important step towards a strong and healthy positive self-image.

 

Successful Personality Development

Different people have different personalities which depend on where they are from, where they grew, lived, worked and who they associated with in their lives. There are personality traits that a person inherits from their family when they are born, and there are others the person picks during their lifetime. This is usually determined by the people the person grows to associate with and the environment to which the person responds. For instance, all factors held constant, a person who grew up in a violent family or environment will grow to become violent and constantly defensive than a person of the same traits that grew up in a secure and peaceful environment. 

 

There are different personality types that psychologists use to classify people, but there are four of them that are major. These are sanguine, melancholy, phlegmatic and choleric. These four personalities have different strong and weak points, and every single person has a combination of two or more of all these. As a matter of fact, it is rare to find a person who does not have all of the above personalities, even if it is in the smallest percentage. There is no one person who has only one personality type. The only thing that makes a person be called a choleric is because this is the most outstanding trait, say with 49%. One needs to be sincere in identifying what personality they are so that personality development will be possible,

 

Once a person knows who they are and what traits they have, the person can now list all the strengths they have and the weaknesses they have. Using this list let the person review themselves. This is why you will hear many personality development advisors recommend that one spends enough time with themselves. During reviewing, sincerely state what you want to see changed in yourself. Is it your bad temper, your forgetfulness, your impatience, your extravagance or your domineering attitude? When you have become honest with yourself and have listed all that you want to see changed, then you are ready to start on the personality development journey. 

 

You also need to believe in yourself for personality development to become possible. You need to have a positive attitude towards yourself even for the mistakes you have done in the past. Do not see them as a hindrance to your personality development efforts but as a catalyst. This way, it will be easier for you to develop yourself.

 

Tips on Personality Development

Everyone has traits that make them unique and that make one David totally different from the other David, though they share the same names. These traits that act as the trademark of every individual are the personality traits. Every person is born with specific traits that come through inheritance. Any other traits a person has that are not hereditary are those that the person picks along the way as they grow and live. The environment in which one grows in and the people with which one grows really shapes who we are. 

 

Every person has different strengths and weaknesses in their personality. This explains why every person seeks to do personality development so that they can build on their strong points and improve on their weak points. Personality development is very simple yet rewarding, and it makes your relationship with others quite easy. 

 

The first thing to personality development is to be honest with yourself. Study your character and honestly do an analysis of your traits. Being honest with yourself is necessary because it will help you to know your weak and strong points alike so that you can know what to do next. The other thing you ought to do is to develop your listening ability. Listen to others more than you talk to them, and you will be amazed at how much this will help in personality development. When it is time for you to talk, avoid having a “me” attitude. There is nothing as harmful to personality development as an attitude in which all you discuss when talking is about yourself. 

 

Learn to use the three magic phrases; please, thank you and sorry in your conversation. Personality development demands that you say thank you any time a person does any kind act to you. Be polite in every way to others, and this will work wonders. Do not laugh at other people when they make mistakes, because this will hamper your personality development efforts. Make a list of all your strong and weak points. For the strong points, find a way of making them even better. As for the weak ones, acknowledge them and write down what you want to see in them; this will be the beginning of development and improvement. If you have formed any habits that are not good, counter them by making deliberate efforts to pick up good habits. Also, try and develop your self-esteem so that you will not be put down by your weak points as you try to work on them.