Is college for entrepreneurs

Is College for Entrepreneurs?

Young entrepreneurs and business owners are often times faced with the choice of which road to take. On one hand, there is the more conservative route of staying in college and getting a degree. On the other hand, many have thriving businesses that are making more money than their degree will ever get for them. Is college simply a hindrance? Or is it a valuable resource that should be continued at all costs. Many college business owners don’t even realize they have the choice of dropping out. Knowing this option is there could be vital to the success of their future business. If you are in college and are an entrepreneur or business owner you must ask your self this question: should I drop out of college?

The answer to this question often comes in many forms from many different people. I was recently at an entrepreneurial conference and had the opportunity to discuss this matter with many rich entrepreneurs. The answers I was getting from them were vastly different from those that my family had given me. On the one side I was being told that college is only useful if you are getting something out of it, and that if I was serious my businesses should take priority over schooling. From the family side I was being told to stay in school no matter what, put schooling at the forefront — there will always be time for business and it will be good to have a safe backup. Both of these answers have their merits, but which one is right?. It became clear to me that it was my decision- not the other wealthy entrepreneurs, and not your family.

Why are you in college?
This question is the fundamental element in the decision to drop out of college. Entrepreneurs must figure out the reality of why they are in college before making a decision to drop out. Some business owners are in college because their parents told them to go there, or because they didn’t realize they had the choice. Other young entrepreneurs are in college because they find the information valuable and want to continue learning while they expand their business. Even more still had childhood dreams of one day being an engineer or architect and want to follow through with their early ideals. You must answer this question truthfully and honestly if you are going to make a choice about running your business full time or staying in college.

Why Do You Want to Drop Out?
It is very important to understand exactly why you want to drop out. Many business owners and entrepreneurs have vastly different reasons for dropping out of college and it is key that you understand yours. I have often fielded this question in conversation, and many times a young entrepreneur will want to drop out of college on pure speculation. This is never a good idea without a solid business plan. I recommend having a solid business plan and some backups in the least, as well as some plans for continued learning of business skills. Dropping out is a risky decision — entrepreneurs will understand and easily accept this fact. Understanding and accepting risk is part of being an entrepreneur and starting new businesses. I have also talked with many entrepreneurs who already have million dollar plus income, and are thinking about dropping out in order to focus more on their business. This instance presents an entirely new set of questions. Whatever your reasoning make sure that you understand and research your position.

Here is the Secret to Making the Decision
It all comes down to balancing the two sides of the argument. If you’ve figured out both your reasons for being in college and your reasons for dropping out and starting a business, then you can easily make a decision. The trick is to look at a list of both sides: your reasons for being in college and your reasons for going out and becoming an entrepreneur. If either side has reasons that aren’t your own, or that have doubt in them, then you will most likely pick the other side. Here is an example situation, look at the two lists and decide what the student should do.

Student A — Reasons to Stay in College:
— My parents are paying for it, and they would flip if I left
— Everyone I know is in college, it would be weird to leave.
— A degree might give me some security later on.

Student A — Reasons to Drop Out and Pursue Business
— I have a solid business plan and have been working on it for months
— My income is almost half of my parents already
— Having more time to work on business would let me expand faster

I think it is fairly clear in this setup that we have an entrepreneur at heart. There is doubt in the reasoning behind college, and he also doubts that he will even need the security of a degree. The second list is much more profound and certain. This student knows he will be successful as an entrepreneur and he only wants to build his business more. There is certainty and understanding in his tone. With this situation it seems very likely that the student would be far better off dropping out of college and pursuing his business goals.

The case is almost never as cut and dry as the situation above, most young businessmen have far more complicated setups. Even with the complications, the end result is always the same. Follow the path that you are sure of in your heart. If you are an entrepreneur in the right position then you will know exactly why you want to drop out and that it will be better for you. Or, you will know that staying in college will teach you more about business and let you grow faster out of college. I will leave you with one last thing.

Listen to your own thoughts, and pick the path that you know is better for you.

Hundred-fold-life-team: selling online can create new income streams

Hundred-Fold-Life-Team: Selling Online Can Create New Income Streams

As the internet matures, so do the attitudes of people buying more and more online. Many companies exist that will ship merchandise to nearly any address specified, without being the same address as the buyer. This opens the door for selling opportunities for just about anyone with the initiative to do a little work online and keep track of their earnings.

One of the problems with having a retail website, is you become the buyer, seller and shipper all at once. When you offer merchandise for sale online you are opening the door to a global audience and will need to have an inventory of merchandise that you offer for sale. Constantly sending out apologetic emails informing buyers their choice is either discontinued or on back order will not win many repeat customers and will eventually leave you with nothing but a nice looking website. This is no way to build your Hundred-Fold-Life.

You can, however get hooked up with wholesalers who maintain a large inventory of merchandise and allow you to sell it on your website. When an order comes in, it goes directly to the wholesaler who will pack it and ship it as well as handle all the finances. You make money based on the profit from the sale of the item. For example, you advertise a DVD player on your site for $59.99 plus tax plus shipping a handling. A customer buys it and submits the order. Once payment is received and the item has shipped. If you are getting that DVD player from the wholesaler for $40, you will be paid the difference of $19.

Many drop-shippers work with online auction sellers who simply list the merchandise on their auction site and the wholesaler takes over the shipping of the merchandise. For auction merchandise there is a risk to the seller in that if a listed item doesn’t sell, the seller is still responsible for any listing fees for putting them item on the auction.

Additionally, once an item sells, the seller is charged a final value fee, which is a percentage of the price at which the item sold. Consequently, the seller has to sell the item at a price higher than the unit cost, plus listing fees plus the final value fee before they make any money. Selling straight off your own website may not elicit as much business, but by the buyer paying shipping and handling charges, everything paid over the unit price is your to keep.

You can also choose to buy small inventories of merchandise you believe will be in high demand and list in the items description how many are available. Being honest with potential buyers on the front side that only so many are available may improve the chance of a sale, as well as diminish disappointment when you run out.

Using a drop-shipper or maintaining your own inventory is up to you. It again comes down to doing your research to find what will work best for you. I f your are a home-based business like I am I would recommend using a reputable wholesaler and drop-shipper. That way I don’t have to have space for products in my home and they do a much better job at shipping than I could.

Keep your Hundred-Fold-Life simple to run and profit from.

How executive suites can save a start-up company money

How Executive Suites Can Save A Start-up Company Money

A start-up company sometimes overlooks executive suites as an office space option and they shouldn’t be. They can save as much as 70% over conventional office lease space.

For example, let’s say you are starting a company in Irvine, California. You have basically two choices. You can lease office space in Irvine and go through the hassle of negotiating a contract. This contract will probably tie you down for a year or more.

Or you can rent an Irvine executive suite

Here’s what you will discover. Executive office space can be rented for a day, a week, a month or whatever time frame fits your plans…and there is no delay. You will be able to move right in.

Also, there is nothing to buy. Executive office space can be completely furnished for you. That alone will save a ton of start-up capital. Plus, executive suites are almost always located in prestigious, ‘Class A’ buildings. That means you’ll be looking successful from day one, whether you’re renting Irvine executive office space or one of many executive suites in other cities.

The benefits and savings don’t stop with just the furniture when renting executive suites. You will also have access to a whole battery of office equipment, such as copiers and fax machines. Plus, a trained receptionist is provided to greet your visitors…and this person isn’t going to be on your payroll. A broadband wireless Internet connection is also provided, enabling you to be doing business on the Internet minutes after walking into your new office.

Here’s why executive office space is so ideal for any start-up company.

1) No long term lease.
2) No furniture or office equipment to buy.
3) No staffing required. (Executive suites can also provide a secretary.)
4) An impressive office building, which gives you the look of success.

And here’s an added benefit we haven’t mentioned. You’ve got a fully equipped meeting or conference room available…not just in Irvine or wherever you happen to be. Executive suites are part of a worldwide network so you can arrange meetings in prime facilities all around the globe.

There’s no question about it. If you’re in a start-up mode, one of the smartest things you can do is check out an executive suites provider in your area. You’ll look like a well-established and successful company the moment your executive suite’s door is opened for business.

Is residual income for everyone

Is Residual Income For Everyone?

That question is always asked by many people. How on earth it is possible to create a residual income since most of the people can not proceed a single sale? The Myth which spreads around is simple but very misleading. » Sell to your downline and forget. You will become reach with their efforts»

What a walloping lie! If you don’t help your downline what chances do you have to succeed? None. If you don’t help them learn from your mistakes and avoid them how They will create their downlines?

Residual income is based on successful duplication. Period. Not everyone can be the best salesman or having the charisma of sociability in full scale . (although we all should cultivate that).

So, what remains is the network marketing system which includes all the necessary tools to succeed. Ask yourself. How network marketing giants created downlines of thousands and earning six figure income? They used the tools and strategies their uplines used and they forward them to their downlines.

Another misconception is the «Get Rich Quick» mindset which means less effort combined with Gazillions of dollars . Yes, network marketing can provide astonishing residual income if done right but that’s far away of the «make money Now» false promises many distributors diffuse.

95% of the mlm home based businesses fail because people think they will quit their 9-5 day job in 2 months. Plus they don’t consider it as a Business, which exactly is.

Although huge corporations and multinational companies have applied network marketing strategies as a fraction of their total marketing efforts and even if mlm is a marketing course for universities like Stanford many people consider it as a scam or «pyramid scheme».

They still don’t get it. Having 1% of the efforts of other people is much better than 100% of your own efforts. The potential is unlimited especially today with the internet and over 600.000.000 internet users which will be over 1.000.000.000 in the next 10 years.

One final misconception is the begging principal. If you join an mlm business opportunity you have to beg your cousin , uncle, your mate from the army you haven’t seen him for 15 years and so on. Calling them and begging them is the primary step to success. Right?

Wrong! You need targeted people to start with. It could be purchased mlm leads or combined online advertising methods it doesn’t matter, it has to be targeted to specific group of people having the same interest and goals with you. In that case network marketing business.

By doing that your mlm downline sign ups will explode . The more target and precise you will be the more success you will have. It’s the fundamental rule of all kinds of marketing.

How to succeed with lia sophia jewelry

How To Succeed With Lia Sophia Jewelry

Hi, There.

Today I want to give you a little insight into the very very popular Lia Sophia Jewelry Online Business opportunity

Lia Sophia is growing fast in the era of Multi-level Marketing (MLM) business since its instigation in 1970 when it was renowned as Act II. Later in 1986 it became known as Lady Remington and finally in 2004 it got its popular name Lia Sophia. It has opened up lucrative business opportunities in front of women by permitting them sell their products of absolute fashion jewelry.

If you are really interested and excited in making decent bank balance for you and your family then you must know the tricks and strategies to succeed in Lia Sophia MLM business. Here we go with some extra-ordinary tips for you:

* It is simple to get yourself set up as a Lia Sophia adviser, by going to the official website, or getting in contact with an adviser you may know already.

* It is a very cost effective business to join as well. In most cases $149 will get you going, plus they will issue you over $1000 worth of jewelry to get you going to sell to customers. The Lia Sophia executives provide you will 24hr support and a complete compensation plan to get you on your way to success.

* It is a fact that the average adviser earns on average $200 from each customer, given that you host a party or function.

* Besides direct sales of the Lia Sophia fashion jewelry, you should make a network of engrossed women who will be your downline and while they sell products you get overturn compensation from their sales.

* The more sponsors you create under you the more will be your income from their sales. Lia Sophia encourages its advisers to become a manager and manage a huge number of advisers under her so that she can earn lump some money each month.

* It is also critical to keep yourself 100% up to date with the companies changes to procedures and compensation plans etc, as they are updated to keep people motivated and clearly to help the company align its self to whats working.

Hence don’t hesitate, get the start-up money ready and start your new MLM business to earn smart money for your family. You’ll find that each and every month you are getting satisfactory income as well as you’re able to give your kids enough time if you’re a mom. The best part of Lia Sophia is that you need not to carry or deliver the products to your customers; the company will do it on behalf of you. So you could become absolutely tension free about the delivery.

I wanted to make it very clear also that I am in now way attached to Lia Sophia, but purely providing some insight to the company, and a simple review hopefully for your benefit.