business http://www.wisebread.com/taxonomy/term/3152/all en-US 5 Reasons Why Life Insurance Isn't Just for Old People http://www.wisebread.com/5-reasons-why-life-insurance-isnt-just-for-old-people <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-reasons-why-life-insurance-isnt-just-for-old-people" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/newborn_baby_000046762652.jpg" alt="Man getting life insurance to protect his child" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Life insurance isn't your average dinnertime conversation &mdash; no one likes to even talk about it. After all, life insurance is something that you only have to think about when you are old and grey, right?</p> <p>But nothing could be further from the truth. Life takes unexpected turns, and at any age it could be just as important as having a strong emergency fund or funding your retirement.</p> <p>Still need proof? Here are five compelling reasons why <a href="http://www.wisebread.com/universal-life-insurance-and-whole-life-insurance-a-comparison">life insurance</a> isn't just for old people.</p> <h2>1. You're Young and Healthy</h2> <p>Life insurance doesn't pay out until you die, but the best time to buy it is when you are young and healthy, since it's issued on rating scale. The healthier you are, the better the rating. The better the rating, the lower the price.</p> <h2>2. You Want to Boost Your Retirement Funding</h2> <p>401(k), IRA, ROTH, SEP-IRA &mdash; they are all great retirement options. But there are also hefty fees if you want to withdraw early from retirement accounts. Life insurance is the yin to retirement accounts yang. There are two kinds of life insurance: those that expire (term), and those that generate cash value (permanent). If you structure a permanent life insurance policy properly, you can actually use the cash value during your life to help fund your retirement, and even better, the benefits can be tax-free to you.</p> <h2>3. You Got Married</h2> <p>Being single can have many benefits. However, right after you say &quot;I do&quot; is probably the best time to start thinking about life insurance. What if one spouse works, while the other spouse might stay home? Or, maybe one spouse makes a lot more money than the other. However you slice it, life insurance can provide a very valuable asset if something was to happen to the higher-earning partner. You want to make sure you have enough life insurance to cover all your expenses, and then some.</p> <h2>4. You're Having a Baby</h2> <p>If you didn't think getting married was a compelling reason enough, that little bundle of joy should surely spur on the need. Kids bring on a ton more expenses &mdash; day care, education, clothes, food, and not to mention college. Tax-free life insurance benefits can become an important life preserver and ensure your child's well-being.</p> <h2>5. You're Open for Business</h2> <p>So, you've got a rock star business concept and are ready for world domination. If you've got a business partner, then life insurance should be your next step. You share expenses, knowledge, and more. What if something happens to one business partner? You've also got their family, their business interest, and the loss of a partner to think about. Business owners usually opt for <a href="http://www.wisebread.com/business-succession-planning-part-2-how-life-insurance-will-insure-the-life-of-your-business">life insurance on each other</a> in what is a called a &quot;buy-sell agreement.&quot; This agreement drafted by an attorney states who gets what when something happens. The most common form of currency to &quot;fund&quot; a buy-sell agreement&hellip;you guessed it: life insurance.</p> <p><em>Do you own life insurance yet? If so, why or why not?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/shannah-game">Shannah Game</a> of <a href="http://www.wisebread.com/5-reasons-why-life-insurance-isnt-just-for-old-people">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-7"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/selling-your-life-insurance-policy-for-cold-hard-cash">Selling Your Life Insurance Policy for Cold, Hard Cash</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-financial-mistakes-to-stop-making-by-age-40">6 Financial Mistakes to Stop Making by Age 40</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/why-women-need-life-insurance-and-what-to-do-about-it">Why Women Need Life Insurance — and What to Do About It</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-much-will-life-insurance-cost">How Much Will Life Insurance Cost?</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/what-is-the-life-insurance-application-process">What Is the Life Insurance Application Process?</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Insurance business death family life insurance marriage retirement Thu, 11 Jun 2015 17:00:21 +0000 Shannah Game 1447185 at http://www.wisebread.com 6 Signs It's Time to Make Your Side Gig Your Career http://www.wisebread.com/6-signs-its-time-to-make-your-side-gig-your-career <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/6-signs-its-time-to-make-your-side-gig-your-career" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/female_student_working_000052734564.jpg" alt="Woman deciding to make her side gig her career" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>You daydream about it: turning your <a href="http://www.wisebread.com/7-tips-to-prevent-side-gig-burnout">side gig</a> into your career. Quitting your day job and achieving your business goals on your own terms. But it can be hard to know when the right time to actually make the move is.</p> <p>If you're unsure what's holding you back, but suspect you may be ready, take a look at these six signs it's time to quit your day job.</p> <h2>1. Your Bills Can Be Covered on Side Business Income</h2> <p>Are things going pretty well right now? It's time to do the math. Add up all of your household's living costs. Now, add up your side business's month-by-month revenue over the past year. Can a decent percentage of basic expenses be covered by your side business?</p> <p>Making a big move based on this sign depends on a couple of factors such as how much your spouse or roommate contributes to the household, and whether or not those contributions can be counted on for the foreseeable future.</p> <p>For many people, the answer is a gradual transition. In my business, my partner/husband and I found an arrangement that let us spend 75% of our time on the company, and the rest of the time on freelance income to bridge the gap.</p> <h2>2. You're Leaving Money on the Table</h2> <p>Are more opportunities arising, ones you don't have the time to take? A small business can only flourish if it has enough time to grow the infrastructure and increase client communications and partnerships. If you can only spend nights and weekends on your side business, then you will hit a plateau that is very difficult to break through without hiring help.</p> <p>The best way to learn if you are leaving money on the table is <a href="http://www.wisebread.com/small-business/how-to-write-a-business-plan">reviewing your business plan</a> and making a new <a href="http://www.entrepreneur.com/article/76418">year-to-year projection</a>.</p> <h2>3. Your Clients Want More</h2> <p>Surely you've had more ideas on how to upgrade your services. Do you see your <a href="http://www.wisebread.com/small-business/market-segmentation-to-grow-customers-sales-and-profits">customer or client base growing</a> and becoming more reliable? This kind of stable growth begetting a stable fan base is a good sign that your regular clients are ready to be upsold on more services. If you are B2B, don't let them grow antsy to leave for a bigger company. If you are a consumer-facing business, don't let your customers grow bored with your product offerings. Start with your most loyal customers to show them that your business is growing with their needs and that you value your relationship.</p> <p>In my business, we grew so quickly in the past year that our customers were not able to keep up with our newest releases. So we started a new subscription program for our most rabid fans that allowed them to get everything we make for a monthly fee. When you start with your most loyal, you can work out the kinks of the new program with minimal pain and customer service issues before rolling it out to the public. We wouldn't have been able to plan, set-up, execute, and maintain this new service if one of us hadn't gone full time.</p> <h2>4. You Find Yourself Becoming an Expert</h2> <p>Are friends, family, and peers increasingly asking you for advice or resources on your industry? If so, the outside perception of your company must be good enough for you to be considered a thought leader on the topic.</p> <p>A great way to give back as an entrepreneur is to share your expertise. It's also a great way to grow your business indirectly by inserting yourself in the major ongoing conversations within your industry. Look up <a href="http://www.allconferences.com/">industry conferences to attend</a>, and you could create a Slideshare about what you've learned. When you have become a full-time entrepreneur, others will take you even more seriously. If you were already planning the full-time transition, this sign might be the morale boost you needed.</p> <h2>5. You Need More Time at Home</h2> <p>Is your household changing? Maybe you are planning to have children in the next two years. Maybe your spouse is earning enough money to cover the basic expenses so you can take more time on your business. Staying at home provides you the flexibility to grow both your business and your family on your own schedule.</p> <p>Do it smart: Using your monthly expense calculator and business projections, start mapping out a plan that allows you transition to a home office. Calculate the costs of <a href="http://www.wisebread.com/setting-up-a-home-office-on-the-cheap">making a functional home office</a>: desks, computers, office and creative supplies, and storage solutions. You might have to incorporate freelance income in your revenue mix alongside the other services your business provides.</p> <h2>6. You're This Close to Hiring Employees</h2> <p>Are you looking for help to improve workflow? It will be hard to manage employees from a desk at another company. It's time to look at the numbers and see how much more revenue you could earn with an employee's help, versus quitting your day job and doing most operations yourself for a while.</p> <p>People-specific skillsets you don't possess (i.e. coding, graphic design, etc.) might be hires you can't avoid. But what if you just have too much basic upkeep to do? What I have learned is that repetitive, tedious, and time-consuming tasks are great to outsource to a freelance employee for an affordable rate. Core work like business development and creative should be left to you until you go full-time, so you can properly manage your employees and give them the one-on-one time they need to grow within your company.</p> <p>Make sure you have what you need to <a href="http://blogs.findlaw.com/free_enterprise/2013/10/top-7-tips-for-hiring-managing-your-1st-employee.html">hire your first employee</a>, and learn about <a href="http://www.wisebread.com/small-business/how-to-take-the-pulse-of-your-employees">managing staff</a>.</p> <p><em>How's your side gig doing? Ready to make the leap?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/amanda-meadows">Amanda Meadows</a> of <a href="http://www.wisebread.com/6-signs-its-time-to-make-your-side-gig-your-career">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-9"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/freelancing-a-beginner-s-guide-to-doing-it-right">Freelancing: A Beginner’s Guide to Doing It Right</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-great-side-jobs-for-extroverts">10 Great Side Jobs for Extroverts</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/30-great-side-jobs">30 Great Side Jobs</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/9-ways-to-earn-extra-cash-when-money-is-tight">9 Ways to Earn Extra Cash When Money Is Tight</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/12-side-jobs-for-stay-at-home-moms-and-dads">12 Side Jobs for Stay-at-Home Moms and Dads</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Entrepreneurship Extra Income business self employment side jobs work Tue, 19 May 2015 17:00:10 +0000 Amanda Meadows 1416883 at http://www.wisebread.com 4 Low-Cost Alternatives to a 4-Year Degree http://www.wisebread.com/4-low-cost-alternatives-to-a-4-year-degree <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/4-low-cost-alternatives-to-a-4-year-degree" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/office_coworkers_000053393492.jpg" alt="Group of students utilizing low-cost options to four-year degree" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Education is about self-discovery, personal improvement, and professional development. And there are a whole host of ways to achieve those things outside of the traditional four-year college experience. Read on for our roundup of some of the most viable alternatives to a four-year degree.</p> <h2>1. Start a Business</h2> <p>Bill Gates, Steve Jobs, and Walt Disney are just a sampling of names on the list of America's uber-successful entrepreneurs who never earned a college diploma. Their legacies are proof that higher education is not a prerequisite to building a profitable business, no matter what anyone tells you.</p> <p>Today, the barriers to launching a one-person enterprise are lower than ever. With dedication, drive, and an Internet connection, you can <a href="http://fourhourworkweek.com/2012/05/24/six-figure-businesses-built-for-less-than-100-17-lessons-learned/">start a thriving business</a> for less than $100. After all, the best way to gain experience in business is by launching one of your own. Even if it flops &mdash; 8 out of 10 <a href="http://www.forbes.com/sites/ericwagner/2013/09/12/five-reasons-8-out-of-10-businesses-fail/">new businesses fail</a> within the first 18 months &mdash; the practical experience you gain will help you become more successful in your next endeavor. (See also: <a href="http://www.wisebread.com/starting-your-dream-business-is-easier-than-you-think-heres-how?ref=seealso">Starting Your Dream Business Isn't as Hard as You Think &mdash; Here's How</a>)</p> <h2>2. Learn a Trade</h2> <p>How many college grads have you met who have no idea what career they want to pursue in life? This is rarely the case with trade school students, who graduate with a clear path to gainful employment.</p> <p>Trade and vocational schools offering programs in fields like information technology, culinary science, construction, woodworking, and hairdressing will set you on the fast track for a skilled and potentially high-paying job. They're also usually much more reasonably priced than a four-year college and typically have more lenient acceptance requirements.</p> <p>In fact, vocational schools are so successful in placing graduates in high-earning jobs that they have become the norm in countries like Switzerland, where young adults view the practicality of learning a trade as much more valuable than a more traditional college education. Whether your passion lies in auto mechanics or makeup artistry, you can launch a successful career by enrolling in a trade school that will help you hone your skills in a specific pursuit &mdash; without all those liberal arts requirements.</p> <h2>3. Go Straight to Work</h2> <p>The benefit of moving into the workforce rather than the college dorms is that you'll be honing new job skills, racking up experience, and &mdash; this is the big one &mdash; actually making money. That's pretty huge, considering the average college graduate is responsible for $30,000 in student loan debt. Loan officer, firefighter, web developer, retail or restaurant manager, commercial pilot, and criminal investigator are just a sampling of the bright and lucrative careers that don't require a four-year degree. Among the <a href="http://www.bls.gov/emp/ep_table_107.htm">highest paying gigs</a> that don't require a diploma are purchasing agent ($59,000), insurance claims adjuster ($60,000), and construction site supervisor ($60,000).</p> <h2>4. On the Job Training</h2> <p>Many employers provide educational credits and on-the-job training that can help you develop valuable skillsets without investment in a college degree. Others will offer financial support or rebates for continuing education at local colleges. Take advantage of this opportunity to learn for free or at a reduced cost.</p> <p><em>What other alternatives to a college degree have you enjoyed?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/brittany-lyte">Brittany Lyte</a> of <a href="http://www.wisebread.com/4-low-cost-alternatives-to-a-4-year-degree">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/your-guide-to-getting-a-job-right-out-of-college">Your Guide to Getting a Job Right Out of College</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-tips-for-my-career-clueless-college-self">5 Tips for My Career-Clueless College Self</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/is-this-job-worth-it">Is This Job Worth It?</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-things-never-to-bring-up-in-a-job-interview">5 Things Never to Bring Up in a Job Interview</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-important-signs-that-your-job-sucks">10 Important Signs That Your Job Sucks</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career Building Education & Training business college degrees entrepreneurs job hunting trade schools work Wed, 29 Apr 2015 17:00:25 +0000 Brittany Lyte 1400877 at http://www.wisebread.com 8 Job Offers That Are Too Good to Be True http://www.wisebread.com/8-job-offers-that-are-too-good-to-be-true <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/8-job-offers-that-are-too-good-to-be-true" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/job_offer_000020361617.jpg" alt="Man accepting job offer that&#039;s too good to be true" title="" class="imagecache imagecache-250w" width="250" height="141" /></a> </div> </div> </div> <p>These days, any job offer is one worth considering. Although the <a href="http://data.bls.gov/timeseries/LNS14000000">unemployment rate</a> is under 6%, the <a href="http://www.uticaod.com/article/20150310/News/150309315">median household income</a> in the U.S. actually peaked over 15 years ago. That means in real terms, the average family was better off in 2000 than it is today. So when a new job offer comes to the table, it's always worth taking a look at.</p> <p>However, some of these job offers can be fool's gold. On the surface, they look great. They seem to have everything you'd ever want. But sadly, the grass is always greener until you actually take the job, and see what life is like on the other side. Here are eight job offers that are often too good to be true.</p> <h2>1. Heading Up an Ailing Department</h2> <p>Sales have been low. Performance is down. Customer complaints are at an all time high. The company looks to you to save the day. Now, you're going to head up a department that has more than its fair share of troubles, and you will be the hero who saved the day. Or will you?</p> <p>The problem with this kind of job, whether it's an internal promotion or an external hire, is that it's all risk and very little reward. Say you do work day and night to fix all of the problems; will the company reward you with anything more than a thank you? Will they even acknowledge the part you played?</p> <p>With ailing departments, the problems are usually systemic and ingrained. The chances of you fixing anything in a reasonable amount of time, without requesting sweeping and disruptive changes, are slim to none. You are going to be very unpopular, and are basically accepting the job of &quot;fall guy.&quot; Do you really want that? Think back to all the sports managers who came in to turn around the success of the team. Most don't even come close.</p> <h2>2. Well-Paid Dead End</h2> <p>The good news is, you're getting more money. The bad news&hellip;it's a job no-one else wants &mdash; and with good reason. Dead-end jobs are often disguised as great opportunities, but if you look closely, the signs are there. How long has the job posting been up? Months? Years!? How many times has someone left the role in the last few years? What kind of daily work will you be doing? And most important of all, where does the job lead?</p> <p>Dead-end jobs are the top rung of a ladder you do not want to climb. The only way out is to go to the bottom of another ladder, and that will mean a significant reduction in pay and benefits. Once you've got used to the money, it will be hard to step away.</p> <h2>3. Work-at-Home Job</h2> <p>Is it possible to make a lot of money working from home? Absolutely. However, the vast majority of people who become successful spend a lot of their own time and money making it work and grow. And most importantly, they start the business themselves. If you see a <a href="http://www.forbes.com/sites/groupthink/2011/12/13/16-work-at-home-scams-to-avoid/">work-from-home ad</a> online stating that you can make six, or even seven figures every year just by mailing a few envelopes or making a few calls, it's purely for suckers.</p> <p>These jobs will lure you in with big profits and testimonials, but there is always a catch &mdash; you have to put some money into the business up-front, and then you'll see the profits roll in. No, you won't. You're only going to make someone else rich. (See also: <a href="http://www.wisebread.com/the-5-worst-work-from-home-jobs?ref=seealso">The 5 Worst Work-From-Home Jobs</a>)</p> <h2>4. Big Promotion to Upper Management</h2> <p>This is it; the offer you've been waiting for. Finally, you get the chance to rub shoulders with the decision makers, and earn the kind of salary you always dreamed of. But not so fast; before you accept the job, look carefully at the position, the hours, the workload, and the stress that may be involved. You could soon find that the extra money is not worth all the extra hours, and additional pressure. In fact, your hourly rate may actually go down when you go from 40 hours per week to 70.</p> <p>Not only that, but when it comes time to trim down the workforce (which sadly happens annually at many companies), you could now be directly in the line of fire. You earn more, but you don't yet have the experience and expertise that comes with time served in that role. Suddenly, that job offer is looking more and more like a promotion to Stress City.</p> <h2>5. Job With Everything &mdash; Except Money</h2> <p>So many people in my industry &mdash; advertising &mdash; get suckered into this one. But it can apply to a vast array of professions. The basic premise is this; you are offered the world on a plate. It's a great company, with awesome people, in a very desirable part of the city. You can walk to work, it's so close. You get to actually have fun at work, and how many people can say that? There's only one tiny drawback&hellip;the salary is horrendous. You'd actually be taking a huge pay cut to get the job, and the chances of making any decent money in the next few years, well, they're slim to none.</p> <p>I have done this. I went from a great paying job with average prospects, to a very poorly-paid job with great prospects. If you did it early on in your career, it can work. Later on, you may find yourself struggling to pay bills and eat, and then you will resent the job that had everything.</p> <h2>6. X-Rated Promotion</h2> <p>This one comes from a good friend of mine (who shall remain nameless, obviously). Several years ago, he was working as a web designer in real estate when a client approached him with a better offer. He said &quot;Come and work for my new business, it's the same hours for a lot more money, and you could really make a name for yourself.&quot; He figured it was real estate, but was surprised to learn that it was creating websites for adult entertainment stars. Even though he knew it could be a black mark on his resume, he took the job. With that industry, once you're in, it's hard to come back into the clean-cut world. He was there for years, and had to take a job with much lower pay to get out. He regrets it to this day.</p> <h2>7. Morally Questionable Endeavor</h2> <p>There is no getting around this; if you take a job with great pay and benefits, but know deep down it is something you don't agree with, you're in big trouble. I experienced it personally when I was offered a cigarette account in my first advertising job. I took it, knowing it would lead to bigger and better things; and to be fair, it did. But the whole time I was working on the account, which was advertising cigarettes to poor people in India, I felt hollow. Don't talk yourself into a seemingly better job if it is going to conflict with who you are as a person. The money may be better, the hours may be shorter, the travel may be insane. However, if you can't look yourself in the mirror when you get home, it's just not worth it.</p> <h2>8. High Turnover Opportunity</h2> <p>Do you have a certain place of business near you that is always changing hands? First it was a pizzeria, then a donut shop, and then a barber's. Now, after a brief stint as a Mexican restaurant, it has become a nail salon. And you know it won't be long before it changes again.</p> <p>For some reason, some locations just never find success. It can also be the same with certain jobs. If you are being offered a lot more money, and benefits, to take a job that five other people have had before you in the space of six years, then you know something is very wrong. Sure, maybe you'll be the one to finally make things right. But more often than not, you'll be interviewing for your replacement soon enough.</p> <p><em>Have you ever taken a job offer only to regret it later?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/paul-michael">Paul Michael</a> of <a href="http://www.wisebread.com/8-job-offers-that-are-too-good-to-be-true">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-things-never-to-bring-up-in-a-job-interview">5 Things Never to Bring Up in a Job Interview</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-low-key-jobs-for-people-who-hate-stress">5 Low Key Jobs for People Who Hate Stress</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/video-resumes-and-5-other-cool-tricks-to-land-the-job">Video Resumes and 5 Other Cool Tricks to Land the Job</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-things-you-must-learn-about-the-company-before-your-job-interview">5 Things You Must Learn About the Company Before Your Job Interview</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-american-cities-with-the-highest-minimum-wage">6 American Cities With the Highest Minimum Wage</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Job Hunting business employment job offers scams work Mon, 06 Apr 2015 09:00:07 +0000 Paul Michael 1367860 at http://www.wisebread.com This Is the One Skill You Need If You Want to Work for Yourself http://www.wisebread.com/this-is-the-one-skill-you-need-if-you-want-to-work-for-yourself <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/this-is-the-one-skill-you-need-if-you-want-to-work-for-yourself" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/man-167146229.jpg" alt="man" title="man" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>Thanks to popular media and the glamorous success of entrepreneurs like Steve Jobs, Mark Zuckerberg, Richard Branson, and even Mark Cuban, the idea of entrepreneurship is all the rage these days.</p> <p>A 2012 study showed that 54% of <a href="http://www.kauffman.org/newsroom/2012/11/an-entrepreneurial-generation-of-18-to-34yearolds-wants-to-start-companies-when-economy-rebounds-according-to-new-poll">millenials want to start a business</a>, despite only 8% actually running a business at the time of the survey. When we think of entrepreneurship, words like &quot;freedom,&quot; &quot;wealth,&quot; &quot;passion,&quot; or &quot;fame&quot; might come to mind. We love the idea of being our own boss and the sole beneficiary of our own labor. (See also: <a href="http://www.wisebread.com/starting-your-dream-business-is-easier-than-you-think-heres-how?ref=seealso">Starting a Dream Business Is Easier Than You Think</a>)</p> <p>Few, however, understand what entrepreneurship really is. At its core, being an entrepreneur comes down to your ability to make one key sale.</p> <h2>You're the Product</h2> <p>Think of a sales pitch. The presenters walk in, introduce themselves, and pitch their product. Each of you have a product to sell, and the product is... wait for it... you!</p> <p>Regardless of profession, we are all required to sell ourselves in some capacity. In the context of our lives, we are our own most valuable product.</p> <p>For entrepreneurs, the ability to sell themselves is their single most important skill. At no point do entrepreneurs stop selling.</p> <ul> <li>Product pitch? Selling</li> <li>Investor meeting? Selling</li> <li>Top talent hiring? Selling</li> <li>Customer acquisition? Selling</li> </ul> <p>If you've ever attempted to acquire a small business loan, you know your business plan is only half the story. The bank wants to know if YOU are a good investment. Ever watch Shark Tank? Those investors will laugh at a product and then fork over $100k, simply because the entrepreneur was able to sell him or herself well.</p> <p>The truth is you cannot be a successful entrepreneur without the ability sell your most valuable product &mdash; you.</p> <h2>How to Sell Your Most Valuable Product</h2> <p>So what does it look like to &quot;sell&quot; yourself like a product? How can you influence people to buy into you?</p> <h3>1. Identify Your Value Proposition</h3> <p>Your &quot;value proposition&quot; is a fancy way of describing your selling point. What makes you uniquely valuable? What specifically do you have to offer? What makes you irreplaceable?</p> <p>If you think you don't have a value proposition, you're wrong! No one else on Earth has the exact same combination of experiences and talents as you. You might need to spend some time investing in yourself (acquiring education, skills, and experience), but you have something to offer. Identify it! And then offer it!</p> <h3>2. Fall in Love With Yourself</h3> <p>The best sales people truly believe in their product. They know it inside and out and can't stop talking about it. Once you've identified your unique selling point, it's time to fall in love with yourself. It's time to get excited about you!</p> <p>If you don't believe in yourself, there's a better than average chance no one else will, either. Don't limit this idea to the positive thinking routine. When I'm confident in myself, I impart that confidence to others. People around me get a gut feeling that I have what it takes. Confidence and passion are infectious.</p> <p>Don't sell yourself short. Get excited about you!</p> <h3>3. Get Out There and Sell</h3> <p>Success in sales is all about playing the numbers.</p> <p>Entrepreneurs know the more people they pitch their product to, the more customers they'll acquire. You'll never accomplish your dreams from the couch.</p> <p>Selling requires action. You have go put yourself out there. You always have to risk a &quot;no&quot; if you want a shot at getting a &quot;yes.&quot; In five years, you probably won't regret &quot;wasting&quot; a day on failed interviews. You might not feel the same way about those daily six hours of television.</p> <h3>4. Always Be Closing</h3> <p>This old sales adage is a classic for a reason. Every successful salesman and entrepreneur knows you can't make a sale without closing. The close is the point in your pitch where you bring your audience to a point of decision. This is of the utmost importance. You have to bring people to a decision. You have to request them to take an actionable step.</p> <p>Without the close, the presentation was nothing more than an informational experience. Your audience now knows about one more thing they'll never buy. But the close changes everything. As you convince others to buy into you, bring them to a point of action. Require a response.</p> <p>I've witnessed firsthand the power of this technique. At the beginning of my career, I&rsquo;d send informative emails out to prospective clients, detailing my experience and inquiring about their needs. I&rsquo;d hear back from 1 in 15... maybe.</p> <p>The entire goal of my emails wasn&rsquo;t to get hired. It was simply to achieve a response. I realized that describing my qualifications just offered another sheet of information for the recipient to glance at and move on. I wasn't closing in my copy.</p> <p>So I changed my approach. I started using wording that forced the reader to form an opinion and influenced a response. Sometimes it was a direct pitch, other times a suggestion, question, or offer. Each target requires a slightly different approach, but the point is, I&rsquo;m attempting to close the target within my email.</p> <p>This change in approach has increased my response rate to 1 in 5. For segments where I&rsquo;ve discerned a trending problem I can fix, it's as high as 1 in 2.</p> <h2>Conclusion</h2> <p>The point is, if you want to be successful, you must be willing and able to sell yourself like a luxury product. The sales process can be applied to virtually any business relationship (I'd advise you to leave it out of your personal ones). You are your own most valuable product, and you&rsquo;ll never stop selling.</p> <p><em>Are you considering starting your own business? Have you thought about how you are going to sell yourself?</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/jacob-mcmillen">Jacob McMillen</a> of <a href="http://www.wisebread.com/this-is-the-one-skill-you-need-if-you-want-to-work-for-yourself">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/starting-your-dream-business-is-easier-than-you-think-heres-how">Starting Your Dream Business Is Easier Than You Think — Here&#039;s How</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/cant-get-a-bank-loan-8-other-ways-to-finance-your-business">Can&#039;t Get A Bank Loan? 8 Other Ways To Finance Your Business</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/101-tax-deductions-for-bloggers-and-freelancers">101 Tax deductions for bloggers and freelancers</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-smart-ways-to-get-a-small-business-loan">10+ Smart Ways to Get a Small Business Loan</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/six-tips-to-good-business-management">Six Tips to Good Business Management</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Entrepreneurship business sales small business starting a business Fri, 23 May 2014 08:00:44 +0000 Jacob McMillen 1140156 at http://www.wisebread.com Are You Ready to Turn Your Hobby Into a Business? http://www.wisebread.com/are-you-ready-to-turn-your-hobby-into-a-business <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/are-you-ready-to-turn-your-hobby-into-a-business" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/hobby-83402322.jpg" alt="knitting" title="knitting" class="imagecache imagecache-250w" width="250" height="141" /></a> </div> </div> </div> <p>Do you have a hobby you enjoy? This can be anything from painting to building furniture to playing video games. In other words, anything you do in your spare time to have fun. (See also: <a href="http://www.wisebread.com/10-awesome-money-making-hobbies?ref=seealso">Awesome Money-Making Hobbies</a>)</p> <p>While some people are content with keeping their hobby a hobby, others get the bright idea of turning theirs into a side gig or business. They begin to wonder if there's a way to take their favorite activity and turn it into a money-making machine.</p> <p>Before you make this big decision, it is imperative to consider the pros and cons. If you take the leap without thinking twice, you may find that you have killed your hobby and are now in over your head. (See also: <a href="http://www.wisebread.com/the-10-worst-ways-to-make-extra-money?ref=seealso">The Worst Ways to Make Extra Money</a>)</p> <h2>Can You Handle the Pressure of Turning Your Hobby Into a Business?</h2> <p>A hobby is supposed to be fun. A hobby is something you turn to when you are looking to relax and escape the stress of your everyday life. The second you turn this into a side gig, everything is going to change. Now, there is a lot of pressure on you to perform.</p> <p>Let's look at the example of somebody who enjoys painting. When this is a hobby, you don't have any pressure to make the piece &quot;marketable.&quot; You don't have to concern yourself with what others may think. In other words, you are painting because it is something you love.</p> <p>Once you turn this into a business, however, everything changes.</p> <ul> <li>Do you have a plan for selling the piece?<br /> &nbsp;</li> <li>Can you work fast enough to make it worth your while?<br /> &nbsp;</li> <li>What will you do if a customer is unsatisfied?</li> </ul> <p>As you can see, there are many questions you need to answer. As a hobby, your only concern was the actual painting. Once it is a side gig, everything else is a concern.</p> <h2>Do You Have Enough Time?</h2> <p>A hobby doesn't require you to work a certain amount of hours. You don't answer to anybody but yourself. If you decide to take a day or week (or longer) away from your favorite activity, it really doesn't matter.</p> <p>When you have a side business, there is no walking away, especially if you have customers who rely on you or orders you have to fulfill.</p> <p>The big question is this: Do you have enough time in your day to handle your full-time job, personal life, and the side gig? If you bite off more than you can chew, you could find yourself strapped for time. You'll be making a few extra dollars each month, but you may find it coming at a cost, such as less time with your family or your other work suffering as a result. (See also: <a href="http://www.wisebread.com/the-secret-to-time-management-and-work-life-balance?ref=seealso">The Secret to Work Life Balance</a>)</p> <h2>Are You Prepared for the Risk?</h2> <p>Starting a business, regardless of the size or industry, is a big risk. This is particularly true if it will cost you a lot of money to get up and running.</p> <p>There is no denying the fact that a bigger risk comes with a bigger potential reward, but you must decide early on if you are willing to put yourself on the line. Are you OK with losing money if your move from hobby to business fails? Are you OK ith wasting a lot of time should things not work out?</p> <h2>Questions to Answer</h2> <p>At this point, you may be so scared about turning your hobby into a side gig that you never let this cross your mind again. But remember, it's not all bad. There are many people who've taken something they love and turned it into something that earns them a lot (or a little) money. (See also: <a href="http://www.wisebread.com/10-great-home-based-side-business-ideas?ref=seealso">10 Great Home-Based Side Businesses)</a></p> <p>By answering these questions, you may find it much easier to decide what to do next.</p> <ul> <li>Do you enjoy your hobby so much that you wouldn't mind if it turned into a money-making business?<br /> &nbsp;</li> <li>Would you shy away from your hobby in the future should your business flop?<br /> &nbsp;</li> <li>Are you the type of person who can deal with the pressure of owning their own business?<br /> &nbsp;</li> <li>Do you have the time to start a side business?<br /> &nbsp;</li> <li>Will your side gig pose too much of a risk?</li> </ul> <p>Now that you understand when you shouldn't make your hobby a side gig, you can decide which steps to take next. Tread softly as this is a decision that will impact your life on many different levels.</p> <p><em>Have you turned a hobby into a side business? Please share your experience in comments!</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/mikey-rox">Mikey Rox</a> of <a href="http://www.wisebread.com/are-you-ready-to-turn-your-hobby-into-a-business">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-great-side-jobs-for-extroverts">10 Great Side Jobs for Extroverts</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-bodily-fluids-you-can-exchange-for-cash">5 Bodily Fluids You Can Exchange for Cash</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/13-ways-to-make-money-online-that-arent-scams">13 Ways to Make Money Online That Aren&#039;t Scams</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-signs-its-time-to-make-your-side-gig-your-career">6 Signs It&#039;s Time to Make Your Side Gig Your Career</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/100-ways-to-make-more-money-this-year">100+ Ways to Make More Money This Year</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Extra Income business extra income hobby hobby business side business Thu, 24 Apr 2014 08:36:22 +0000 Mikey Rox 1136716 at http://www.wisebread.com Starting Your Dream Business Is Easier Than You Think — Here's How http://www.wisebread.com/starting-your-dream-business-is-easier-than-you-think-heres-how <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/starting-your-dream-business-is-easier-than-you-think-heres-how" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/small-business-5322435-small.jpg" alt="designer" title="designer" class="imagecache imagecache-250w" width="250" height="141" /></a> </div> </div> </div> <p>One of the great pleasures of owning my own business and working for myself is that I get to talk to a lot of aspiring entrepreneurs.</p> <p>They <em>want</em> to be entrepreneurs, but they aren't quite there yet. They read all the business articles online, they constantly make plans, they aspire to own their business and maybe one day they will get there. (See also: <a href="http://www.wisebread.com/10-great-home-based-side-business-ideas?ref=seealso">10 Home-Based Side Business Ideas</a>)</p> <p>I've heard Mark Cuban, and others, call them &quot;wantrepreneurs&quot; on Shark Tank because they are perpetually in the pre-business phase. Having ideas is great, but executing them is what separates true entrepreneurs and wantrepreneurs.</p> <p>Unfortunately, so many of them never start a business because they put up barriers in their own mind. One of those barriers is that they think &quot;starting a business&quot; is an arduous task that will take them months and months, if not years, of planning and preparation.</p> <p>In reality, the paperwork of starting a business is almost trivial compared to everything else you'll need to do to start and run a business. But before you embark on filing anything, make one sale.</p> <h2>Make One Sale</h2> <p>Before you go down the route of &quot;starting&quot; a side business, make a sale. Just one.</p> <p>If you wanted to start a snow shoveling service, would you start by incorporating your business, getting insurance, paying for advertising, or opening a bank account?</p> <p>No, that's crazy. You would find a shovel and go door to door looking for people to pay you to shovel their driveway.</p> <p>That's what you should be doing with whatever business you're considering. Make one sale. You will learn a tremendous amount about your market by selling your product or service to one person. After you make one sale, sell it to a second.</p> <p>After you've made the first dozen sales, you'll know whether you have a business on your hands, a nice hobby, or a dream that can't be realized. It's valuable to do this before you waste time and money doing the paperwork of forming a business. (See also: <a href="http://www.wisebread.com/10-awesome-money-making-hobbies?ref=seealso">Awesome Money-Making Hobbies</a>)</p> <p>Also, it's important to actually sell a product or service, not ask people if they would buy it. Most people are polite and tell you they would buy. But few people are so polite that they'd actually pay you for something they don't want.</p> <p>Once you've made enough sales to be sure this is a business, it's time to make it legitimate.</p> <h2>Startup Paperwork</h2> <p>So you've made some sales and you're ready to make it official. You need to do some paperwork. (See also: <a href="http://www.wisebread.com/250-tips-for-small-business-owners?ref=seealso">250+ Tips for Small Business Owners</a>)</p> <h3>State Licenses</h3> <p>The first step is to research the licensing and bonding requirements of your state. Some businesses need a license to operate. If you're starting a blog, you don't need to get a license or a bond to operate. If you're starting a tattoo parlor in Maryland, you need a Tattoo License before you can do business. Check your state's laws for what you'll need as it's different for each state.</p> <h3>Insurance and Bonds</h3> <p>The next step is to research your insurance needs. A surety bond covers guarantee of service but liability insurance protects you from accidents, lawsuits, and other business disasters. Some businesses need a surety bond, nearly all businesses should have liability insurance. If you intend to hire employees, workers comp insurance may also be necessary, as it protects your business from any medical or legal expenses associated with accidents on the job.</p> <h3>LLC, EIN, and a Checking Account</h3> <p>If you're starting a simple business that has no licensing, bonding, or major insurance requirements, the rest is easy. It's a three step process:</p> <ol> <li>Incorporate as a Limited Liability Company (LLC)<br /> &nbsp;</li> <li>Obtain an Employer Identification Number (EIN)<br /> &nbsp;</li> <li>Open a Business Checking Account</li> </ol> <p><em>Do you need to incorporate?</em></p> <p>It depends. Incorporating is a must if there are any potential liabilities associated with your business because it shields you from your business, if set up properly. You are often not required to incorporate and can operate as a sole proprietor. As is the case with any type of legal advice, check with a professional and with the requirements of your state.</p> <h3>Incorporate as an LLC</h3> <p>Incorporating is often a straightforward process, but it depends on your state because the complexity varies. In Maryland, it's a one-page form (Articles of Organization) with a handful of fields.</p> <p>One minor bit of advice, in the area where you write in the &quot;purpose&quot; of the company, use this: &quot;To engage in any lawful activity for which a limited liability company may be organized.&quot;</p> <p>Some states leave this Purpose field blank, some states automatically fill it out with a similar phrase (California automatically fills it out with &quot;The purpose of the limited liability company is to engage in any lawful act or activity for which a limited liability company may be organized under the California Revised Uniform Limited Liability Company Act.&quot; Don't get caught up in writing something descriptive here, it'll only slow you down.</p> <p>The cost associated with incorporating will include the one-time filing fee. In some cases, it may also include annual fees too. In Maryland, every business has to file a personal property tax return that has a minimum $300 tax. (See also: <a href="http://www.wisebread.com/is-starting-a-small-business-for-the-tax-deductions-worth-it?ref=seealso">Is Starting a Small Business for the Tax Deductions Worth It?</a>)</p> <h3>Obtain an EIN</h3> <p>An EIN is like a Social Security Number for your business &mdash; you can get one for free by <a href="http://www.irs.gov/Businesses/Small-Businesses-%26-Self-Employed/Apply-for-an-Employer-Identification-Number-(EIN)-Online">applying with the IRS</a>.</p> <p>Once you get an EIN, use this instead of your Social Security Number on all forms for your business. Congratulations! You've graduated from sole proprietorship to an LLC.</p> <h3>Open a Business Checking Account</h3> <p>Once you have the incorporation confirmation letter (original with stamps) and your EIN, go to your favorite bank and open a business checking account. Look for one with low minimums and no fees. Most banks make their money off business accounts with merchant processing and other add-ons, so the base checking product shouldn't cost you anything. (See also: <a href="http://www.wisebread.com/the-5-best-credit-cards-for-small-businesses?ref=seealso">Best Credit Cards for Small Businesses</a>)</p> <p>Use this checking account as the center of your business banking world. Any revenue you receive should go into this account. Any bills you pay should come out of this account.</p> <h2>Now Go Back to Selling</h2> <p>Once you do those three steps, you're officially a business. Don't forget to file the necessary tax forms and get back to the important part of business, getting more of it.</p> <p>Good luck!</p> <div class="field field-type-text field-field-guestpost-blurb"> <div class="field-label">Guest Post Blurb:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> <p>Jim shares insights and lessons learned with new bloggers at Microblogger.com. Be sure to <a href="http://microblogger.com/introducing-lifetime-income-blog-course/">sign up for his free (and very in-depth) Create a Lifetime Income Blog course</a> to learn from his experiences.</p> </div> </div> </div> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/jim-wang">Jim Wang</a> of <a href="http://www.wisebread.com/starting-your-dream-business-is-easier-than-you-think-heres-how">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/this-is-the-one-skill-you-need-if-you-want-to-work-for-yourself">This Is the One Skill You Need If You Want to Work for Yourself</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/cant-get-a-bank-loan-8-other-ways-to-finance-your-business">Can&#039;t Get A Bank Loan? 8 Other Ways To Finance Your Business</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-real-deal-what-to-expect-when-starting-your-own-business">The Real Deal: What to Expect When Starting Your Own Business</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/101-tax-deductions-for-bloggers-and-freelancers">101 Tax deductions for bloggers and freelancers</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/six-tips-to-good-business-management">Six Tips to Good Business Management</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Entrepreneurship business entrepreneurship starting a business Thu, 13 Feb 2014 11:36:35 +0000 Jim Wang 1124504 at http://www.wisebread.com Best Money Tips: Businesses You Can Start Online http://www.wisebread.com/best-money-tips-businesses-you-can-start-online <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-businesses-you-can-start-online" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/6829327061_495cb4753d_z(1).jpg" alt="Businesses You Can Start Online" title="Businesses You Can Start Online" class="imagecache imagecache-250w" width="250" height="141" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some awesome articles on businesses you can start online, saving money at the drug store, and principles for growing wealth.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.business.com/blog/6-businesses-you-can-start-online/">6 Businesses You Can Start Online</a> &mdash; Want to start a business online? Consider being an internet researcher. [Business.com Blog]</p> <p><a href="http://canadianfinanceblog.com/how-to-save-money-at-the-drug-store/">How to Save Money at the Drug Store</a> &mdash; Asking the pharmacist about what you need can help you save money at the drug store. [Canadian Finance Blog]</p> <p><a href="http://beingfrugal.net/basic-principles-for-growing-wealth/">5 Basic Principles for Growing Wealth</a> &mdash; To grow your wealth, live within your means and invest in yourself. [BeingFrugal.net]</p> <p><a href="http://mom.me/home/5459-10-ways-moms-can-make-money-home/">10 Ways Moms Can Make Money At Home</a> &mdash; Moms can make money at home by selling their kids' books. [mom.me]</p> <p><a href="http://www.savvysugar.com/How-Find-Out-Your-Co-Workers-Salary-27065984">6 Ways To Find Out What Your Peers Are Making</a> &mdash; If you want to know what your peers are making, check out the Bureau of Labor Statistics. [SavvySugar]</p> <h2>Other Essential Reading</h2> <p><a href="http://www.moolanomy.com/6416/8-easy-ways-anyone-can-make-money/">8 Easy Ways Anyone Can Make Money</a> &mdash; To make money easily, enter giveaways or review books. [Moolanomy]</p> <p><a href="http://www.fivecentnickel.com/2013/01/29/a-former-insiders-guide-to-choosing-an-investment-manager/">A (Former) Insider's Guide to Choosing an Investment Manager</a> &mdash; When choosing an investment manager, focus on market cycle performance. [Five Cent Nickel]</p> <p><a href="http://www.getrichslowly.org/blog/2013/01/28/party-philosophy-when-to-spend-big-on-fiestas/">Party philosophy: When to spend big on fiestas</a> &mdash; It's ok to spend big on fiestas when you can do so without incurring debt. [Get Rich Slowly]</p> <p><a href="http://www.freemoneyfinance.com/2013/01/second-act-career-teachertrainer.html">Second-Act Career: Teacher/Trainer</a> &mdash; If you want to earn some extra income and are good at teaching, try your hand at being an online professor. [Free Money Finance]</p> <p><a href="http://parentingsquad.com/4-steps-to-toy-organization">4 Steps to Toy Organization</a> &mdash; Get your children's toys organized by first taking inventory of what they have. [Parenting Squad]</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-businesses-you-can-start-online">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/101-tax-deductions-for-bloggers-and-freelancers">101 Tax deductions for bloggers and freelancers</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/eco-capitalism-how-to-make-money-from-garbage">Eco-Capitalism - How to make money from garbage</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/starting-your-dream-business-is-easier-than-you-think-heres-how">Starting Your Dream Business Is Easier Than You Think — Here&#039;s How</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-signs-its-time-to-make-your-side-gig-your-career">6 Signs It&#039;s Time to Make Your Side Gig Your Career</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/this-is-the-one-skill-you-need-if-you-want-to-work-for-yourself">This Is the One Skill You Need If You Want to Work for Yourself</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Entrepreneurship best money tips business online Fri, 01 Feb 2013 11:00:35 +0000 Ashley Jacobs 967595 at http://www.wisebread.com Ask the Readers: Do You Use Business Cards? (Special $100 Giveaway) http://www.wisebread.com/ask-the-readers-do-you-use-business-cards-special-100-giveaway <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/ask-the-readers-do-you-use-business-cards-special-100-giveaway" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/minority-business-woman-man-exchange-business-cards.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p><em>Editor's Note: Congratulations to our first prize winner, </em><a href="http://www.wisebread.com/ask-the-readers-do-you-use-business-cards-special-100-giveaway#comment-520451"><em>Aaron L</em></a><em>, and our second and third place winners, </em><a href="http://www.wisebread.com/ask-the-readers-do-you-use-business-cards-special-100-giveaway#comment-520435"><em>Guest</em></a><em> and &nbsp;<a href="http://www.wisebread.com/ask-the-readers-do-you-use-business-cards-special-100-giveaway#comment-520422">Emily</a>.</em></p> <p>Business cards are one of the most important networking tools. Professionals, job seekers, freelancers, and even students have used business cards to advance their careers. Whether you hand them out to clients or prospective employers, a tasteful business card provides people with a great first impression.&nbsp;</p> <p><b>Do you use business cards?</b><span style="font-weight:normal">&nbsp;If yes, how do you use them? If no, why not?</span></p> <p>Tell us if you use business cards and we'll enter you in a drawing to win a <strong>$100 Amazon Gift Card </strong>or two sets of die-cut business cards courtesy of our sponsor&nbsp;<a rel="nofollow" href="http://www.uprinting.com/">UPrinting.com</a>.</p> <h2>Prizes: $100 Amazon Gift Card &amp; Two Sets of Die-Cut Business Cards</h2> <p>This week we will be giving away thee prizes:<strong>&nbsp;</strong></p> <ul> <li><strong>First Place</strong><strong>:</strong> <strong>$100 Amazon gift card</strong></li> </ul> <ul> <li><strong>Second and Third Place</strong>: Each will get a set&nbsp;of <strong>250&nbsp;die-cut </strong><a href="http://www.uprinting.com/business-cards.html" rel="nofollow"><strong>business cards</strong></a> courtesy of <a href="http://www.uprinting.com/" rel="nofollow">UPrinting.com</a>. Winners of the business cards can choose among UPrinting.com's available die-cut shape and sizes and cardstock option. Standard turnaround time and shipping applies (no shipping charges). Restricted to people 18 years and above, US residents only. <a href="#sample">Check out these beautiful samples</a>.</li> </ul> <h2>How to Enter:&nbsp;</h2> <p>You can enter 3 different ways:</p> <ol> <li><strong>Comment Entry</strong>. Answer this question <a href="http://www.wisebread.com/ask-the-readers-do-you-use-business-cards-special-100-giveaway#comments">in the comments below</a>: &quot;Have you used business cards?&nbsp;If yes, how do you use them? If no, why not?&quot;<br /> &nbsp;</li> <li><strong>Facebook Entry</strong>. Go to UPrinting.com's&nbsp;<a href="http://www.facebook.com/UPrinting">Facebook page</a>, &quot;Like&quot; the page, and <a href="http://www.wisebread.com/ask-the-readers-do-you-use-business-cards-special-100-giveaway#comments">leave a separate comment</a> on this article telling us: &quot;I liked UPrinting.com on Facebook.&quot;<br /> &nbsp;</li> <li><strong>Twitter Entry</strong>.&nbsp;<a href="http://www.twitter.com/">Tweet</a> your answer. You have to be a follower of&nbsp;<a href="http://twitter.com/wisebread">@wisebread</a>&nbsp;and <a href="http://twitter.com/UPrinting">@UPrinting</a>.&nbsp;Include <a href="http://twitter.com/wisebread">@wisebread</a>,&nbsp;<a href="http://twitter.com/UPrinting">@UPrinting</a>&nbsp;and #WBAsk in your tweet so we'll see it and count it. Leave a link to your tweet (click the timestamp for the individual URL) in a <a href="http://www.wisebread.com/ask-the-readers-do-you-use-business-cards-special-100-giveaway#comments">separate comment below</a>.</li> </ol> <p>If you do all 3 things you get 3 entries into the contest. Maximum 3 entries per person. Be sure to always include your email when leaving a comment.</p> <p>Giveaway Details:</p> <ul> <li>Contest ends <strong>Monday, January 16th at 11:59 pm Pacific</strong>. Winners will be announced after January 16th on the original post. Winners will also be contacted via email.</li> <li>You can enter all three drawings &mdash; once by leaving a comment, once by liking UPrinting.com's Facebook update, and once by tweeting.</li> <li>This promotion is in no way sponsored, endorsed or administered, or associated with Facebook.</li> <li>You must be 18 and US resident to enter. Void where prohibited.</li> </ul> <p><strong>Good Luck!</strong></p> <h2>About UPrinting.com</h2> <p><img width="600" height="400" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u4/business%20card%20printing.jpg" alt="" /></p> <p>Here's a message from our contest sponsor.</p> <p><strong>Free Proofs Before You Pay!</strong>&nbsp;</p> <p>Did you know that unlike other&nbsp;<a href="http://www.uprinting.com/" rel="nofollow">online printing</a>&nbsp;companies, you can get your files proofed and checked for errors without paying a cent at UPrinting.com? No order commitment or credit card is required! Proceed with your order when you are confident with your online proof. We're confident in the quality of our printing services online, and don't need to pressure you to pay before you're ready!&nbsp;</p> <p><strong>24 Hour Customer Support&nbsp;</strong></p> <p>Have a question or need some help with printing online? We're here for you 24 hours a day Monday-Friday and from 8am-5pm PST on Saturday and Sunday! Call 1-888-888-4211 or chat online with one of our helpful customer service representatives for any inquiries or assistance with your custome online printing.</p> <p><a name="sample"></a>Here's a sample of the kind of beautiful cards created using <a href="http://www.uprinting.com/" rel="nofollow">UPrinting.com</a>:</p> <p>&nbsp;<img width="605" height="292" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u4/half-circle-side-605.jpg" alt="" /></p> <p>&nbsp;</p> <p><img width="605" height="292" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u4/leaf-cut-605.jpg" alt="" /></p> <p>&nbsp;</p> <p><img width="605" height="292" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u4/rounded-corner-605.jpg" alt="" /></p> <p>&nbsp;</p> <p><img width="605" height="292" src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/u4/rounded-corners-605.jpg" alt="" /></p> <p>&nbsp;Good luck with the contest! Enter now by <a href="http://www.wisebread.com/ask-the-readers-do-you-use-business-cards-special-100-giveaway#comments">answering the question in the comments below</a>.</p> <div class="field field-type-text field-field-blog-teaser"> <div class="field-items"> <div class="field-item odd"> Tell us if you use business cards and we&#039;ll enter you in a drawing to win a $100 Amazon Gift Card or a set of die-cut business cards! </div> </div> </div> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/ask-the-readers-do-you-use-business-cards-special-100-giveaway">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-1"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-answer-23-of-the-most-common-interview-questions">How to Answer 23 of the Most Common Interview Questions</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/this-interview-technique-will-get-you-hired">This Interview Technique Will Get You Hired</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-words-to-never-use-in-a-job-interview">10 Words to Never Use in a Job Interview</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-ways-that-job-you-hate-keeps-you-poor">6 Ways That Job You Hate Keeps You Poor</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/using-times-new-roman-on-your-r-sum-is-like-wearing-sweatpants-to-an-interview">Using Times New Roman on Your Résumé Is Like Wearing Sweatpants to an Interview</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career Building Giveaways Job Hunting Ask the Readers business business cards Tue, 10 Jan 2012 11:36:24 +0000 Ashley Jacobs 854220 at http://www.wisebread.com Best Money Tips: Find Business Attire for Less http://www.wisebread.com/best-money-tips-find-business-attire-for-less <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-find-business-attire-for-less" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/5371074626_068fde98cb_z(1)-1.jpg" alt="Find Business Attire for Less" title="Find Business Attire for Less" class="imagecache imagecache-250w" width="250" height="141" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some awesome articles on finding business attire for less, ways to cut your expenses, and benefits of a smaller home.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.smartonmoney.com/dress-for-success-find-business-attire-for-less/">Dress for Success: Find Business Attire for Less</a> &mdash; To find business attire for less, opt for second hand clothing. [Smart On Money]</p> <p><a href="http://christianpf.com/getting-out-of-debt-part-5-15-ways-to-cut-your-expenses/">15 ways to cut your expenses</a> &mdash; Want to cut your expenses? Try drinking more water and less soda/coffee. [Christian PF]</p> <p><a href="http://ptmoney.com/benefits-smaller-home/">5 Big Benefits of a Smaller Home</a> &mdash; One benefit of having a smaller home: you become less focused on stuff. [PT Money]</p> <p><a href="http://www.consumerismcommentary.com/conversations-moving-in-together/">Five Conversations Before Moving In Together</a> &mdash; Before you move in together, make sure to discuss who will pay for nights out. [Consumerism Commentary]</p> <p><a href="http://www.walletblog.com/2012/01/helpful-tips-for-tax-season-2012/">Helpful Tips for Tax Season 2012</a> &mdash; This tax season, make sure you scrape together all available funds to pay your taxes. [WalletBlog]</p> <h2>Other Essential Reading</h2> <p><a href="http://www.freemoneyfinance.com/2012/01/how-much-do-you-actually-save-at-outlet-malls.html">How Much Do You Actually Save at Outlet Malls?</a> &mdash; Did you know you can get about 25% off when shopping at outlet malls? [Free Money Finance]</p> <p><a href="http://www.pickthebrain.com/blog/7-obsessions-guaranteed-to-improve-your-life/">7 Obsessions Guaranteed to Improve your Life</a> &mdash; Obsessing over gratitude can actually improve your life. [PickTheBrain]</p> <p><a href="http://www.savvysugar.com/Best-Productivity-Tips-20772897">Productivity Tips to Carry You Through 2012</a> &mdash; Get through 2012 by being specific when setting goals. [SavvySugar]</p> <p><a href="http://parentingsquad.com/6-steps-to-survive-when-daddy-plays-mommy">6 Steps for Daddy to Survive Playing Mommy</a> &mdash; To survive playing mommy, try to tire baby out. [Parenting Squad]</p> <p><a href="http://www.argeltiburcio.com/2012/01/7-simple-steps-to-achieving-your-goals.html?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+ArgelTiburcio+%28ArgelTiburcio.com%29">7 Simple Steps to Achieving Your Goals for 2012</a> &mdash; Achive your goals in 2012 by setting deadlines. [ArgelTiburcio.com]</p> <h2>News &amp; Events</h2> <p><a href="http://www.wisebread.com/top-100-most-popular-personal-finance-blogs/news/2012/01/credit-karma-ckchat">Credit Karma #CKchat</a> &mdash; Don't miss Credit Karma's weekly #CKchat at 12pm PST! They will be giving away a prize!</p> <p><a href="http://www.wisebread.com/top-100-most-popular-personal-finance-blogs/news/2011/12/get-rich-slowly-moolah-tweetchat">Get Rich Slowly #moolah Tweetchat</a> &mdash; Check out Get Rich Slowly's #moolah tweetchat at 4pm PST!</p> <p>Be sure to check out our <a href="http://www.wisebread.com/top-100-most-popular-personal-finance-blogs/news">News &amp; Events Calendar</a> to see all the awesome upcoming events in the personal finance world!</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-find-business-attire-for-less">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-2"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/throwing-out-your-own-trash">Throwing out your own trash</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/where-to-buy-discounted-designer-clothing-online">Where to Buy Discounted Designer Clothing Online</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-signs-its-time-to-make-your-side-gig-your-career">6 Signs It&#039;s Time to Make Your Side Gig Your Career</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/101-ways-to-save-money-on-clothes">101 Ways to Save Money on Clothes</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-ways-to-snag-budget-friendly-business-clothes">5 Ways to Snag Budget-Friendly Business Clothes</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Shopping attire best money tips business clothes work Wed, 04 Jan 2012 11:00:18 +0000 Ashley Jacobs 853906 at http://www.wisebread.com 13 Business Leaders Who Failed Before They Succeeded http://www.wisebread.com/small-business/13-business-leaders-who-failed-before-they-succeeded <div class="field field-type-link field-field-url"> <div class="field-label">Link:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> <a href="http://www.openforum.com/articles/13-business-leaders-who-failed-before-they-succeeded" target="_blank">http://www.openforum.com/articles/13-business-leaders-who-failed-before-they-suc...</a> </div> </div> </div> <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/small-business/13-business-leaders-who-failed-before-they-succeeded" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/iStock_000006193434Small.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="166" /></a> </div> </div> </div> <p>It&rsquo;s often said that success is 10 percent inspiration and 90 percent perspiration. For these 13 eventual business successes, it might be said that success is ninety percent failure.</p> <p><b>Akio Morita</b></p> <p>Morita co-founded Sony, a multi-billion dollar company. But the company's beginnings were not so rosy. Their first product was a rice cooker, but it burned the rice. However, this didn't stop them from moving on to building bigger and better things.</p> <p><b>Bill Gates</b></p> <p>Before building his empire, Gates started a business called Traf-O-Data which went nowhere and he dropped out of Harvard. But his passion for computers and his vision of the opportunities led him to start Microsoft.</p> <p><b>Colonel Sanders</b></p> <p>Surprisingly, the Colonel's famous secret chicken recipe was rejected over a 1000 times before a restaurant accepted it. He founded KFC when he was 65 years old.</p> <p><b>Evan Williams</b></p> <p><span>Before co-founding the social media giant Twitter, he founded a company called Odeo, a podcasting platform. Soon after, Apple announced that the iTunes store would include a podcasting platform, making Odeo obsolete.</span></p> <p><b>Frank Winfield Woolworth</b></p> <p>Before starting the Woolworth Company (now Foot Locker), Woolworth worked at a dry goods store. His boss did not allow him to wait on customers because Woolworth &quot;didn't have enough common sense to serve the customers.&quot; The Woolworth Company was one of the original five-and-ten-cent stores, which is the model Sam Walton used to start Walmart. Woolworth's eventually became one of the largest retail chains in the world.</p> <p><b>Fred Smith</b></p> <p>While studying at Yale University, Fred Smith presented a business idea to his business management class that received a nearly failing grade. The idea was for a parcel service that could deliver packages overnight. Smith ignored the grade and founded FedEx.</p> <p><b>Henry Ford </b></p> <p>Ford's first two car companies failed and left him broke. But that didn't stop him from founding Ford Motor Company and become the first to apply assembly line manufacturing for cars. He became one of the three most famous and richest men in the world.</p> <p><b>Mark Cuban</b></p> <p>Before making billions selling his company to Yahoo, Cuban failed at a variety of jobs. He failed as a carpenter, as a cook, as a waiter (he couldn't open a bottle of wine). He says of his failures, &quot;I&rsquo;ve learned that it doesn&rsquo;t matter how many times you failed. You only have to be right once. I tried to sell powdered milk. I was an idiot lots of times, and I learned from them all.&rdquo;</p> <p><b>Rowland Hussey Macy</b></p> <p>Between 1843 and 1855, Macy opened four retail dry goods stores that all failed. He learned from those mistakes, and hit it big with his next store in New York City.</p> <p><b>Richard Branson</b></p> <p>Even the fifth richest person in the UK didn't get to where he is now without a few failures along the way. Along with his famous Virgin Records and Virgin Airlines, he also developed Virgin Cola and Virgin Vodka. The fact that you don't recognize them says it all.</p> <p><b>Soichiro Honda</b></p> <p>Honda initially applied for a job at Toyota as an engineer, but was turned down. Being jobless, he started making scooters at home, which he sold to neighbors. With the support of his family, he founded Honda, the world's largest motorcycle manufacturer and one of the most profitable automakers.</p> <p><b>Thomas Edison</b></p> <p>Edison, one of the most prolific inventors in history (holding over 1000 U.S. patents), was told as a boy by his teacher that he was too stupid to learn anything, and suggested he go into a field that did not require intelligence. He tried more than 9,000 experiments before he created the first successful light bulb.</p> <p><b>Walt Disney</b></p> <p>Disney was fired by an editor because, &quot;he lacked imagination and had no original ideas.&quot; His first animation company went bankrupt and it's said that he was turned down hundreds of times when he sought financing for Disney World. The Walt Disney company makes average revenue of US $30 billion annually.</p> <p>If you're still waiting for success, do what these thirteen did and don't give up. Maybe you just haven't failed enough yet.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/lynn-truong">Lynn Truong</a> of <a href="http://www.wisebread.com/small-business/13-business-leaders-who-failed-before-they-succeeded">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-7"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/this-is-the-one-skill-you-need-if-you-want-to-work-for-yourself">This Is the One Skill You Need If You Want to Work for Yourself</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/how-to-embrace-failure-keep-going-and-win">How to Embrace Failure, Keep Going, and Win</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/250-tips-for-small-business-owners">250+ Tips for Small Business Owners</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/cant-get-a-bank-loan-8-other-ways-to-finance-your-business">Can&#039;t Get A Bank Loan? 8 Other Ways To Finance Your Business</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/ramp-up-your-business-by-specializing">Ramp Up Your Business by Specializing</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Entrepreneurship Small Business Resource Center business failure persistence small business success Wed, 03 Aug 2011 18:43:53 +0000 Lynn Truong 629789 at http://www.wisebread.com Best Money Tips: Side Business Ideas You Can Start Today http://www.wisebread.com/best-money-tips-side-business-ideas-you-can-start-today <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/best-money-tips-side-business-ideas-you-can-start-today" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/4987118909_c5e59b07c1_z-1.jpg" alt="Side Business Ideas You Can Start Today" title="Side Business Ideas You Can Start Today" class="imagecache imagecache-250w" width="250" height="140" /></a> </div> </div> </div> <p>Welcome to Wise Bread's <a href="http://www.wisebread.com/topic/best-money-tips">Best Money Tips</a> Roundup! Today we found some awesome articles on side business ideas you can start today, money lessons every college grad needs to know, and tips to haggling your ideal mortgage.</p> <h2>Top 5 Articles</h2> <p><a href="http://www.artofmanliness.com/2012/08/15/be-your-own-boss-37-side-hustle-ideas/">37 Side Hustle Ideas</a> &mdash; Start making extra money today. [Art of Manliness]</p> <p><a href="http://www.moolanomy.com/4989/6-money-lessons-every-college-grad-needs-to-know-ttolar/">6 Money Lessons Every College Grad Needs To Know</a> &mdash; Every college grad needs to know they must get renters insurance. [Moolanomy]</p> <p><a href="http://www.savvysugar.com/How-Get-Lower-Mortgage-Rate-17814583">5 Quick Tips to Haggling Your Ideal Mortgage Rate</a> &mdash; Get a lower mortgage rate by using a financial calculator. [SavvySugar]</p> <p><a href="http://frugaldad.com/2011/06/10/50-ways-to-save-money/">62 Money-Saving Tips to Help Survive Another Recession</a> &mdash; Make sure you survive if there is another recession by skipping the theater and subscribing to Netflix. [Frugal Dad]</p> <p><a href="http://www.greenpandatreehouse.com/2011/06/how-to-save-on-your-grocery-bill-and-lose-that-belly/">How to Save on Your Grocery Bill and Lose That Belly!</a> &mdash; Save on your grocery bill by having a large breakfast everyday. [Green Panda Treehouse]</p> <h2>Other Essential Reading</h2> <p><a href="http://www.kiplinger.com/columns/picks/archive/where-to-invest-for-the-rest-of-2011.html">Where to Invest for the Rest of 2011</a> &mdash; Make sure to invest some money in commodities for the remainder of 2011. [Kiplinger]</p> <p><a href="http://blog.creditkarma.com/step-by-step/personal-finance/5-quick-money-actions-to-boost-your-financial-self-esteem/">5 Quick Money Actions To Boost Your Financial Self-Esteem</a> &mdash; Improve your financial self-esteem by saying &quot;no&quot; to one large expense. [Credit Karma]</p> <p><a href="http://moneysmartlife.com/track-investments/">How to Track Your Investments</a> &mdash; Keep track of your investments by using a free portfolio tracking site. [Money Smart Life]</p> <p><a href="http://www.fiscalfizzle.com/2011/06/how-to-save-vacation-travel/">8 More Ways to Save on Vacations</a> &mdash; Save on your next vacation by booking a place to stay that has kitchen facilities. [Fiscal Fizzle]</p> <p><a href="http://www.smartonmoney.com/10-regular-expenses-that-you-should-re-examine-to-find-a-better-deal/">10 Regular Expenses That You Should Re-Examine To Find A Better Deal</a> &mdash; Be sure to regularly examine your cell phone bill to see if there is any way you can save money on it. [Smart On Money]</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/ashley-jacobs">Ashley Jacobs</a> of <a href="http://www.wisebread.com/best-money-tips-side-business-ideas-you-can-start-today">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/are-you-ready-to-turn-your-hobby-into-a-business">Are You Ready to Turn Your Hobby Into a Business?</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-great-side-jobs-for-extroverts">10 Great Side Jobs for Extroverts</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-bodily-fluids-you-can-exchange-for-cash">5 Bodily Fluids You Can Exchange for Cash</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/13-ways-to-make-money-online-that-arent-scams">13 Ways to Make Money Online That Aren&#039;t Scams</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-signs-its-time-to-make-your-side-gig-your-career">6 Signs It&#039;s Time to Make Your Side Gig Your Career</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Extra Income best money tips business extra income Mon, 13 Jun 2011 10:00:20 +0000 Ashley Jacobs 575186 at http://www.wisebread.com 5 Money Making Activities You Can Do Today http://www.wisebread.com/5-money-making-activities-you-can-do-today <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/5-money-making-activities-you-can-do-today" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/455279239_720dfc98c8_z.jpg" alt="" title="" class="imagecache imagecache-250w" width="250" height="167" /></a> </div> </div> </div> <p>Living below your means is the only way to long lasting wealth, but cutting expenses can only get you so far. At some point, earning a bit more money is just the ticket to a much merrier financial picture and best of all, some of these ideas are actually not that hard. Here are five such money making ideas that you can start doing today. (See also: <a href="http://www.wisebread.com/making-extra-cash">Ways to Make Extra Cash</a>)</p> <h3>1. Offer Your Services to Your Neighbors</h3> <p>Even the least skilled person can offer services that are valuable to someone else. Are you a handyman? Do you own a lawnmower? Can you babysit? Any of these skills can bring income, and there's no better way to start than telling your neighbors that you are available for hire. If you do a good job, bringing extra cash home might just become a regular event!</p> <h3>2. Rent Out Your Room</h3> <p>Whether you rent out one of your rooms for the long term or by the night, I'm sure you will welcome the income that it brings in every time someone writes you a check. With services like Airbnb.com, doing so is much easier than you think. List your property, and start enjoying the extra money that your space can generate! (See also: <a href="http://www.wisebread.com/7-steps-to-market-your-extra-space-as-a-vacation-rental">7 Steps to Market Your Extra Space as a Vacation Rental</a>)</p> <h3>3. Take Out a Mortgage, and Invest the Rest</h3> <p>This isn't for the faint of heart, but with the favorable tax treatment of equities, the returns of a well diversified and tax efficient portfolio will have an extremely high probability of outpacing the interest you are paying for a mortgage, especially after you consider the tax consequences.</p> <p>I caution you though that this is only for people who can tolerate short term volatility. For most people, I recommend paying off your mortgage early, let alone taking out a bigger mortgage than necessary. If you choose to go this route, you absolutely have to stay on track with your investments even if you might seem like a fool in the short term, so think carefully before you take this advice.</p> <h3>4. Line Up</h3> <p>You can sell your own stuff on eBay, but eventually, you'd run out of everything! However, if you are able to get in line on all those hot gadget releases and be one of the first few to purchase one before it's sold out, you can almost guarantee yourself a tidy profit. All you have to do is line up ahead of time and buy the product, and when it is out of stock, you put it up for sale at a higher price than you paid for it.</p> <p>Don't get greedy though, because if the product happened to become readily available, you might have to sell what you lined up for at a lost.</p> <h3>5. Start a No/Low Cost Business</h3> <p>Remember all those services you offered to your neighbor? You can probably turn that into a side business without putting up a ton of capital once you figure out that your expertise are in demand. You can start out of your home and grow from there. Who knows? It might turn into a multimillion business one day, which could transform your finances!</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/david-ning">David Ning</a> of <a href="http://www.wisebread.com/5-money-making-activities-you-can-do-today">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-3"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/clear-out-that-clutter-15-places-to-sell-your-stuff">Clear Out That Clutter: 15 Places to Sell Your Stuff</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-weird-things-to-sell-on-ebay-for-extra-cash">6 Weird Things to Sell on eBay for Extra Cash</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/10-things-you-should-always-buy-and-sell-on-ebay">10 Things You Should Always Buy and Sell on eBay</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/100-ways-to-make-more-money-this-year">100+ Ways to Make More Money This Year</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/effective-ebay-listing-0">Effective eBay Listing</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Extra Income business career eBay income make money mortgage selling Mon, 04 Apr 2011 10:36:06 +0000 David Ning 518783 at http://www.wisebread.com Execution, Not Ideas, is Key. Duh! http://www.wisebread.com/execution-not-ideas-is-key-duh <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/execution-not-ideas-is-key-duh" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/3752890063_3e1c4b2df7.jpg" alt="not ideas" title="not ideas" class="imagecache imagecache-250w" width="250" height="190" /></a> </div> </div> </div> <p>My wife was all excited when she came to me with a business idea. She happily explained the ins and outs of it, when I said &quot;Great! Now go start the site.&quot;</p> <p>&quot;Wait,&quot; she interrupted. &quot;I was expecting <em>you</em> to turn this awesome idea into reality...&quot;</p> <p>I'm well-versed in this type of conversation now, actually. People who know me personally have heard that I was having a bit of luck with &quot;this whole internet thing,&quot; and someone would mention their idea to me every once in a while thinking I will make it happen and give them half the proceeds.</p> <p>&quot;That sounds like a terrific idea,&quot; I usually respond, &quot;but there is quite a bit on my plate right now.&quot; You see, it's not that those ideas aren't good. Most of them are actually brilliant. Yet, the exciting part is not the idea. I'm not short of ideas. In fact, I bet most successful entrepreneurs have a ton of those, too. It's just that even though the idea is important, brilliance is only possible with persistent execution.</p> <h3>Originality is Not as Important as You Think</h3> <p>Was McDonald's the first fast food store ever opened? Did Walmart invent retail? And is Facebook the first social media website ever created? Hardly. Yet, they still opened shop, worked hard at it, improved on an existing idea, and are now considered innovators in their respective industry.</p> <p>You can even use a boring idea to get started, but with witty execution, you can turn dull into shiny.</p> <h3>Are You Wasting Your Talent?</h3> <p>Ever heard of someone who told you that you are wasting your talent? To me, there is no such thing as wasting your talent. Someone made that exact comment to me a few years back. &quot;You are wasting your talent.&quot; What he really meant was &quot;You are wasting your time and you don't have the talent in the department of work ethics.&quot;</p> <p>You see, having the discipline to work hard when everyone is out partying is talent. Plowing forward when you don't necessary know what is ahead is a talent, and believing in yourself through countless rejection is a talent, too. But sadly, having clever ideas is not a talent.</p> <p>Don't keep telling yourself that you could be successful if you just tried harder. That is just an excuse. You are either succeeding or you are not. If you aren't trying, you don't have the talent of being able to work hard.</p> <ul> <li>Do you have a business idea? Put it in action.</li> <li>Are you in a miserable job? Start looking for another one.</li> <li>Do you wish you had a better relationship with everyone? Start by acting less selfish.</li> <li>Are you overweight? Start exercising.</li> <li>Don't have time? Make time. Because if you fail, you can try again.</li> </ul> <p>Stop making excuses and just do it already. Don't wait!</p> <p>Everybody can come up ideas, but few have the courage and wits to execute them. There are successful people and there are others. You decide which you will be.</p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/david-ning">David Ning</a> of <a href="http://www.wisebread.com/execution-not-ideas-is-key-duh">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-7"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/forget-your-weaknesses-and-build-on-your-strengths-to-find-success">Forget Your Weaknesses and Build on Your Strengths to Find Success</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/15-tested-tips-for-creative-efficiency">15 Tested Tips for Creative Efficiency</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/financial-tricks-to-master-for-a-happier-life">Financial Tricks to Master for a Happier Life</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/the-6-best-reasons-to-quit-your-job">The 6 Best Reasons to Quit Your Job</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/5-inspiring-people-who-each-paid-off-over-100000-in-debt">5 Inspiring People Who Each Paid Off Over $100,000 in Debt</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Career and Income Personal Development business debt personal development personal finance productivity success Thu, 30 Sep 2010 12:00:10 +0000 David Ning 249225 at http://www.wisebread.com Book Review: Becoming a Category of One Second Edition by Joe Calloway http://www.wisebread.com/book-review-becoming-a-category-of-one-second-edition-by-joe-calloway <div class="field field-type-filefield field-field-blog-image"> <div class="field-items"> <div class="field-item odd"> <a href="/book-review-becoming-a-category-of-one-second-edition-by-joe-calloway" class="imagecache imagecache-250w imagecache-linked imagecache-250w_linked"><img src="http://wisebread.killeracesmedia.netdna-cdn.com/files/fruganomics/imagecache/250w/blog-images/catone.jpg" alt="Becoming a Category of One" title="Becoming a Category of One" class="imagecache imagecache-250w" width="97" height="160" /></a> </div> </div> </div> <p>In <a href="http://www.amazon.com/gp/product/0470496355?ie=UTF8&amp;tag=stuffies-20&amp;linkCode=as2&amp;camp=1789&amp;creative=390957&amp;creativeASIN=0470496355"> Becoming a Category of One</a>, business consultant Joe Calloway writes about how companies can successfully beat their competition by creating their own category of business and being the only one in it. I feel that many business leaders would benefit by reading this book, and as a consumer I feel that the world would be a better place if all businesses applied the lessons in this book.</p> <p>First of all, I felt that the book offered a lot of common sense advice that not all businesses seem to understand. Joe Calloway writes that Category of One businesses know their values and do their core jobs very well, and then they add a &quot;wow factor.&quot; If companies chase after the &quot;wow factor&quot; and ignore their basic products then they will not necessarily be successful. One example he gave was that his wife ate at a restaurant that served a salad that was piled high like a tower, and the waiter said that was their &quot;wow factor.&quot; Afterwards, his wife told him that salad was a stupid idea because there is no way to eat it without making a mess. I think a lot of businesses do spend too much time on gimmicks and forget the basics and Joe Calloway repeats over and over again that companies must do their core business well.</p> <p>Another point in the book is that businesses cannot compete on just price and quality because modern consumers have high expectations and a lot of technology on their hands for comparison shopping. Calloway writes that Category of One companies should know more about, get closer to, and emotionally connect with their customers. Once a company accomplishes these three things it will have a competitive advantage. For example, he wrote about the product recommendation algorithms on Amazon.com and iTunes.com and how these personalized pages prompted him to buy more products. He also wrote about how he got a consulting job once simply because he knew more about the potential client's current situation. The idea is that businesses need to know what their customers want and build a real relationship with the customers. Some companies do this through data and send out bunches of form letters, but ultimately great personalized service wins.</p> <p>Finally the book contains a case study on Tractor Supply Company, a chain store that serves the needs of farmers, ranchers, rural homeowners, and contractors. This chapter details the reasons why TSC is a Category of One company through customer letters and interviews with executives. This chapter is a little repetitive and ultimately the author concludes that Tractor Supply Company simply knows exactly what they are all about and executes on their mission of working hard, having fun, and making the customers happy.</p> <p>Overall, I thought that the book is very easy to read and contained a lot of simple truths on how a business could stand out in the eyes of its customers. Although the ideas are simple, not every business cares enough to execute them. This book is great for anyone who runs his or her own business or even someone who is trying to find a job. It teaches you how you can differentiate yourself from your competitors and be in a Category of One.</p> <p><em>Disclosure: I received a free review copy of this book and this post contains an Amazon Affiliates link to the book.</em></p> <br /><div id="custom_wisebread_footer"><div id="rss_tagline">This article is from <a href="http://www.wisebread.com/xin-lu">Xin Lu</a> of <a href="http://www.wisebread.com/book-review-becoming-a-category-of-one-second-edition-by-joe-calloway">Wise Bread</a>, an award-winning personal finance and <a href="http://www.wisebread.com/credit-cards">credit card comparison</a> website. Read more great articles from Wise Bread:</div><div class="view view-similarterms view-id-similarterms view-display-id-block_2 view-dom-id-4"> <div class="view-content"> <div class="item-list"> <ul> <li class="views-row views-row-1 views-row-odd views-row-first"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/book-review-internet-riches">Book review: Internet Riches</a></span> </div> </li> <li class="views-row views-row-2 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/101-tax-deductions-for-bloggers-and-freelancers">101 Tax deductions for bloggers and freelancers</a></span> </div> </li> <li class="views-row views-row-3 views-row-odd"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/6-signs-its-time-to-make-your-side-gig-your-career">6 Signs It&#039;s Time to Make Your Side Gig Your Career</a></span> </div> </li> <li class="views-row views-row-4 views-row-even"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/this-is-the-one-skill-you-need-if-you-want-to-work-for-yourself">This Is the One Skill You Need If You Want to Work for Yourself</a></span> </div> </li> <li class="views-row views-row-5 views-row-odd views-row-last"> <div class="views-field-title"> <span class="field-content"><a href="http://www.wisebread.com/starting-your-dream-business-is-easier-than-you-think-heres-how">Starting Your Dream Business Is Easier Than You Think — Here&#039;s How</a></span> </div> </li> </ul> </div> </div> </div> </div><br/></br> Entrepreneurship book review business Thu, 05 Nov 2009 15:00:02 +0000 Xin Lu 3797 at http://www.wisebread.com