You’re retired. Congratulations! Now you can become the entrepreneur that you have always wished you could become.Mathew Bandyk in U.S. News and World Report says:”When you think of entrepreneurs, you’re more likely to envision a 24-year-old like Mark Zukerberg, the founder of Facebook, than a retiree. Taking the risks of starting up a business seems easier to do before life commitments tie you down.”But retirement can lessen the fear of failure that comes with launching a venture. Some people cling to the security of working for someone else most of their lives, repressing their inner entrepreneur until retirement, says Sam Spector, author of The Baby Boomer’s Official Guide to Retirement Income. ‘They really have a desire for entrepreneurship their whole life. The money and benefits were so good it wasn’t worth taking a risk.’ Once retired, they might find that risk to be worth it.”Of course, retirees starting businesses certainly should be careful. The key question that retiree-entrepreneurs need to consider, says Alex De Noble, a professor of management at San Diego State University, is ‘how much risk are they willing to take after they’ve put some retirement money away.’ There are ways to mitigate risk so that, regardless of how a new business fares, the owner won’t lose retirement security.”A home based Internet business is an ideal business for retirees who want to become entrepreneurs and earn a substantial income after they retire.
A home based business has no additional overhead other than that which you already have for your home. It avoids the costs of many other businesses such as leasing an office and maintaining a large inventory.
Most people starting a home based business have to keep their day job until they make enough money from their home based business to quit their day job. As a result they can devote only a limited number of hours to building their business. As a retiree, you can devote as much time as you want to building your home based business.
You have experience that is invaluable. The experience you gained during your career gives you a tremendous advantage over the 20-something youth who attempts to start a home based business. You know what it takes to run a business, you have knowledge about markets that lets you select a market niche to promote your products, and you have developed good time management habits that are required for running a business.
Needless to say, you know how to use the Internet. Otherwise you would not be viewing this article.
To get help in determining which home based business is best suited to you, email me and I will give you a free consultation.
Retired? Now You Can Start a Home Based Business
Educational Charity Makes Learning More Accessible
The lack of education can hamper a society’s development. It is only by giving its members the education that they need could a society prosper and evolve into one that is productive and progressive. Through the years, though, the cost of education has gone up. Statistics show double-digit percentage increases in tuition fees in the past years. More and more people are unable to send their children to school. The need to make education more accessible is growing every year. It is fortunate that there are institutions that offer educational charity benefits to needy but deserving students. In their own way, these institutions are able to bring more students back to school to get the education that they need in order to improve their lives and the lives of their offspring. By helping needy students get back to school, these institutions make an invaluable contribution to the development of society.
If you are having trouble with the financial requirements of putting your children through school, do not give up just yet. There is help out there for you. You can still find ways to send your children to school. There are loans that you can take out from private and government financial institutions. There are also scholarships that you can get your children to apply for. And then, there are educational charities that have their own funding to extend financial assistance to deserving recipients. Look through your options carefully and choose the one that will give the most benefits to your children. Keep in mind that money from these funding sources should only be used for educational purposes and not for anything else. If you need help getting by from one day to the next, you have to look elsewhere for solutions.
A little sacrifice today would be a small price to pay for a brighter future. Reality is that those who are educated are able to enjoy more opportunities in life. Even when life presents them with problems, people who are better equipped with education are able to turn them into opportunities. This is how you want your children to grow. Ready for anything that life brings them. Do not give up on your hopes for a brighter future. Find an educational charity to help you send your children to school. Application procedures are not complicated. Convincing these institutions that you and your children are deserving enough of the chance to get quality education is your biggest hurdle.
A Guide on Successful Product Creation and Internet Marketing
Product creation in Internet marketing is getting stiffer and stiffer nowadays owing to tough competition between Internet-based businesses. Putting up a new product requires plenty of brainpower and finances along with an ability to take risk. With that, even if you have the product well-set already, you have to position it strategically in the Internet landscape for others to notice. You should get the interest of Web users and turn them to actual customers. Aside from the usual physical products, many different products that thrive well on Internet marketing include E-books, membership sites, and video lectures.
The long and difficult process of product creation begins with ideas. They are easy to get – compared to the effort that comes with analyzing the market for that idea. Before the idea turns to a product, businesses often spend money, even amounting to millions of dollars, to ensure the success of the new product that emerges from an idea. Businesses undertake many types of market research and surveys before releasing their products to the public. Now, you may think that because your business is small, you can’t afford research or you don’t have to do research; you can and you should. The Internet allows you to disseminate materials needed for your market study to many people at once without your having to spend a cent.
It is a common maxim in business: Look at your destination first before mapping out your journey. So what are the goals you intend to accomplish with your product creation ventures? The everyday travails of your business may make you forget the end in sight. On the other hand, prepare to entertain new developments that come to your mind in your product creation. Your conception of a product may have started this way, but a few tweaks here and there along with some market research results and it ends up another way. Take it as the result of a creative process, not as a failure to reach your goal. After all, your product creation activities are intertwined with a long-term goal that you should strive to sustain at your utmost: profit generation. So if your less profitable initial idea evolves to a more profitable product, be thankful!
With your product made up already, start doing some aggressive Internet marketing. A product purchase typically comes after more than five times a customer is exposed to an informative call-to-buy message. Thus it is important to get the contact details, like the e-mail address, of potential customers who are on the brink of a sale. Use the results of your market research to determine the demographics to which you should concentrate your marketing efforts.
With consistent product creation, you can make an inventory of your products that you can market in due time. Just keep making products – the moment you succeed in making and marketing a product, customers are surely wanting more from you, so give it to them. Keep them on your side through constant product creation.