101 Online Business

If You Wants To Start An Online Business But Doesn't Know Where To Begin

Online Business

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Achieve Your Financial Sweet Spot Online

Did you know that money is the number one cause of stress, both in personal life and in business life?That fear of not having enough income to pay monthly expenses is real, especially when you add in the responsibility of supporting a family and the families of those who are working on your team.One way to alleviate your money woes is to pay attention to your pricing, both for courses/programs and for products. Instead of just randomly picking prices out of thin air, think strategically and figure out your financial sweet spot.Never heard of this term before? Your financial sweet spot is that monetary figure where you can live comfortably, pay your bills, and still invest back into your company. This figure will depend on many factors, including the cost of living where you’re located, but will serve as your overall income goal.Now examine each of your programs and products and research how much your market is willing to pay for these products. Is there a way to bundle …

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Is Your Social Media Plan Working For You?

Social media is everybody’s favorite way to interact with others around the world and to market their products and services. Some people reach the elevated status of Social Media Darling while others are posting day in and day out without any nibbles whatsoever.What’s the difference between the Darling and the Wannabe? Most importantly, the differences are in their social media planning and their ability to develop relationships. Even if we’re talking about selling the exact same product, how the Wannabe approaches the opportunity is often quite different than how the Darling approaches it. Let’s break it down more: The Social Media Darling cares about other people. She interacts with people every single day on social media by answering questions and replying to comments both on her own posts but also on other posts in her feed. She shares snippets of her life instead of bombarding her followers with product pitches. The Darling also knows, through trial and error, which …

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How to Fund Your New Online Business

One of the major stumbling blocks online business owners face is to get the funding they need to start up their business. The good news is that starting an online business doesn’t need to be expensive, and getting the funding you need needn’t be difficult. Check out these ideas… Look Into Loans There are multiple ways you can secure a loan, including:Asking family and friends for loans. Going to your local bank or credit union. Using credit cards. (Not recommended due to high interest rates.) Using lines of credit. Using crowdlending programs like Prosper.com.Get Crowdfunding If you have a really exciting business idea and “rewards” to offer investors, then you might post your idea on a crowdfunding site such as Kickstarter.com or Indiegogo.com. Keep these tips in mind:Invest in your own business first. You need to show potential investors that you have a lot on the line and that you believe in your own idea. Offer enticing rewards. Give people access …

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