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5
Exciting Home-Based Business You Can Start Instantly
by
Greg Montenegro
Everybody
seems to be in small business these days. Everyone is manufacturing
some widgets. Everyone is hawking some useful wares. Everybody
is doing some service for somebody.
The
reasons for the upsurge in this economic phenomenon are:
Everyone
wants to be a millionaire and start their megamillions from
their garage or kitchens. Many of todayís richest
people in the world started this way.
There
is no tenure in employment anymore; you can be laid off
anytime. So what are you waiting for? Take charge! Start
today.
Companies
wishing to get rid of long-time, hence big salaried, employees,
dangle early retirement plans. They bait their loyal employees
with promises of greater medical benefits and lump sum,
which they say you can start a small business.
How
do we do this? We not only have to start our small business,
but promote it. We should try to do what the big business
are doing-albeit in a smaller way. We have to toot our horn
to help ourselves in our business endeavor, and at the same
time, help our customers and our community too.
The
first idea is to create a website and add an affiliate link.
This
type of business is actually my personal favorite. As an
affiliate partner you can earn from 5% to 75% in commissions.
The job of an affiliate is relatively easy. There are no
products to develop, carry, or ship and no orders to process.
The affiliate company does all the hard work. You can get
more information on various affiliate programs by visiting
the link below. The only work of the webmaster is to promote his or her
site.
Another
favorite of mine is looking for bargains in Ebay
and reselling the item offline. Most people know
that Ebay is
a great place to buy and sell things, but few people think
of it as a place to find bargains and instantly sell them
offline.
This
technique is known as auction arbitrage.
An arbitrage is where you purchase an item from one market
(internet), then resale it on another market(brick and mortar)
in order to profit from a price discrepancy. I other words
you simply buy an item at a lower price and resell it at
a higher price thus insuring a profit.
For
example, you can find jewelry at 50% to 70% discount and
advertise the item at your local classified ads. Iíve
been using this technique for a while and found some amazing
success.
Another
way to make money, especially if you are passionate about
cars is be a car broker.
In the
real estate industry brokers earn about 5% to 6% commission
on every home they sell. You can use the same strategy with
the same commission rates in the second hand car industry,
sometimes with very little competition. Nowadays, car owners
are force to sell their used cars themselves. All you have
to do is to offer your services for a 6% commission. If
you do the math and sell x number of cars per month you
can make at least $60,000 a year.
Our
world today is getting smaller with the migration of expatriates.
These expats often miss having some of their favorite foods
and drinks from their native countries and find it difficult
to obtain them.
The opportunity here is to open
a specialty/niche foreign food shop. Stock-up a
selection of a popular and unusual foods and beverages from
a particular country. You may later branch out into mail
order or putting a website to expand your market.
Managers
and HR departments find it difficult to constantly motivate
employees. An entrepreneur can fulfill this need and make
some good profits at the same time. All you need to do is
create a generic monthly motivational newsletter
that can be reproduced for various companies. Imagine
creating a large subscription base for your newsletter,
the profits could be great! If you don't like write articles
you can get free contents at Yahoo Groups.
I'd
like to end this article that to be successful in today's
business arena, the modern day entrepreneur has to be well-rounded
in business and marketing. The entrepreneur needs to sharpen
his sales and marketing skills, gain new approaches of how
to market better, think ìout of the box,î revisit
some unorthodox principles and concepts and apply some degree
of variations to make it appear new, different and meaningful
to capture a bigger slice of the market.
Greg Montenegro, Baltimore,MD, USA
pexcor@yahoo.com -
Mr. Montenegro has been in international marketing since
1992.His firm exports computer parts to Asia. He is also
the webmaster of http://www.12homebasedbusiness.com (outdated website) a website
that shows you how to go from zero to making real money
online in about a month.
Read
the amazing true story
of how one woman, with no previous business
experience, earns 400,000+ per year ...
selling other people's stuff online!
In
her down-to-earth, sincere and often humorous style, Rosalind
Gardner guides you through the entire process of building
an affiliate marketing business on the 'Net. In 236
pages, and more than 68,000 words, you'll learn how
to pick the best programs, negotiate a commission raise
and save time, money and effort on everything from
affiliate software to web hosting.
To
learn exactly how she does it, Click
Here.
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