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Why People Don’t Succeed: 10 Reasons Behind Failure
Can you Be a Successful Intrepreneur?
Intrepreneur. A person who organizes, maintains and takes responsibility for an internet business venture.
Starting any business is a somewhat daunting task, but to start what is now known as a traditional or offline business should only be considered if you have very deep pockets, a lot of patience or a unique and brilliant idea.
I say this because I have been running my own traditional style businesses for the last 10 years and to be perfectly honest, it is not getting any easier. On the contrary, it is actually harder if not impossible to earn a reasonable income now because of ever increasing overheads and diminshing profit margins due to unprecedented levels of competition both “on” and “offline”.
Each year I have seen my expenditure increase as a result of higher rent, rates, water charges, electricity/gas charges, insurances, staff costs, telephones not to mention raw materials. What makes matters worse, if I increase my prices accordingly to compensate, I notice a dramatic drop in sales and so I have become the proverbial hamster in the wheel running faster and faster but going nowhere.
However, with the advent of the internet and in particular broadband, it is now so much easier to start and run your own business. Furthermore, what is especially interesting is that this can be done with very little overheads, no business premises, no stock and no staff. The business is open for trade 24 hours a day, 7 days a week, 365 days a year. You can actually make money whilst you sleep.
Now is that a good business or not.
But wait a minute, any business whether it is traditional or online requires hardwork and effort and if you are not prepared to give them this then I wish you well in whatever you do because it is unlikely you will make money working for yourself.
On the other hand, if like me, you are prepared to give it your all, your total commitment, your undivided attention, you too can become an intrepreneur.
Believe it or not, setting up an internet business venture can be done by following the same blueprint that everyone before you has followed. It is not rocket science and you don’t have to re-invent the wheel. All you have to do is be committed, keep at it and do what others have done before you.
This is very much the key to be successful online.
What I have found in my years of business is something which I have called the 10% rule and it goes like this.
90% of the world’s wealth is owned by 10% of its population.
90% give up easily and only 10% go on to be reasonably successful
of this 10% only 10% go on to become very wealthy
and the reason they did was because they followed the rules and stuck at it.
There is no magical formula, no “holy grail”, just pure determination, commitment and with predetermined goals you and me can become one of the 10 percent.
All the information, tools and resources which you require are readily available to download from the internet itself.
I wish you every success and a prosperous future.
How To Get Started in Gambling Business
Gambling is one of the lucrative gaming activities in the society today. It is lucrative in the sense that it renders endless possibilities for a businessman to earn more money.
This is where the reality sinks in, that, in gambling, the only person who gains from it is the business man or the owner of the gambling business. This is because people who play gambling games usually end up losing more as they continuously try their luck by adding more bets and risking more money, and even property.
With this fact, no wonder why more and more people are resorting to put up a gambling business, especially now that the Internet is incessantly growing at breakneck speed.
Moreover, with the advent of the Internet, setting up a gambling business online is relatively easy. Best of all, you don’t just get to earn more money but get to penetrate the industry faster and even better because of the wide diversity that the Internet can cover.
No wonder why in the United States alone, commercial casinos have accumulated almost $30 billion in just a year of gross revenue.
In fact, commercial casinos are prevalent in the US nowadays. There are currently 28 states that have Indian casinos, 11 have commercial casinos, and 40 states have lotteries. All in all, the US has 445 commercial casinos.
So for people who want to start gambling business, especially those online, here’s how:
1. If a person wants to start an online gambling business, it is important to get the needed items first. The most important thing of all is the software. Be informed that this costs millions of US dollars. This goes to show that people who want to start an online gambling business must be really rich.
2. Whether online or not, starting a gambling business needs an approval from the government. This goes to show that the gambling business being put up is legal and conforms to the rules and regulations set up by the law.
3. For online gambling business, it is a must that the owner has to be a licensee of an online gambling software provider. In this way, the business owner will be able to receive the necessary equipments and software needed in the online gambling business.
Indeed, gambling business can be very lucrative, especially if it is a legal one. And just like any businesses, proper management is the key element in order to succeed in the industry.
Like any businesses, operating a gambling business also entails careful management and makes use of strategic methods so as to increase the business’ money-earning potential.
Luck or Skill?
Most people say that operating a business needs dogged determination, skills in all aspects of the business, and luck.
Hence, it applies the same thing in gambling business. But where gambling mostly relies in the stroke of luck, gambling business owners should not do so. This is because operating a business, in whatever form, should not merely rely on luck but on one’s skills and determination.
Indeed, businesses also have the risk of losing or winning in the end, just like gambling. But nevertheless, it still needs the proper management and operative measures so as to have a successful gambling business.
Things to consider
Just like any kind of business, running a gambling business also entails money. A person can never continue running a gambling business if it no longer has money.
People should keep in mind that running a gambling business is not a “get-rich-quick_ scheme. Therefore, things that will be employed should be in conformity with the law.
It also needs good planning. Of course, there is nothing in this world that will be successful if not with good planning. Planning keeps the business right on track. It gives the owner a special guide in order to make decisions properly.
Moreover, dogged determination is required. Surveys show that almost 65% of the businesses, which were not able to succeed, had instantly given up their businesses just because of some trials.
And lastly, good accounting skill is needed in order to run a gambling game. After all, gambling entails lots of money, so it is just proper to keep track of whatever comes in and out of the business.
The bottom line here is that running a gambling business, like any other business, is not an easy job. What’s more, it needs a good combination of everything so as to get the business going, whether it includes luck or not.
How To Boost Your Traffic And Earn Money With The Word Of Mouth Marketing
Word of mouth refers to referral marketing which means a person refer your products and services to their friends and contacts. Buying products online is growing with the advancement of IT technology. Many organizations and small business are also turning their business online that also increasing completion between two same organizations. In this crowd of completions, it is very difficult to run your business online without the traffic on your website.
There are so many terms, which help in increasing the traffic on any online business, which includes selling ads, Search engine optimization, Pay per click, affiliate marketing and referral marketing programs.
The most effective and influential technique of getting traffic on online business is word of mouth and the best thing about this techniques is that it is least expensive.
Referral marketing can also consider as structural marketing because the frame of marketing becomes such like that it stimulate everyone to talk about your product and service. It is proved that if you want run a business successfully then you have to find out that what are people seeking of frantically.
Everyone desires to buy everything in their own budget and they look for such place where they can get offer for anything. Therefore, this is the best idea to assure customers that you will reward them with incentives if they refer their contacts to your websites.
There are some tips which describes about how to stimulate people to talk about you
Encourage people to talk about you
Of course, everyone knows that no one takes interest on boring people as well as boring companies. You should offer exciting deals to your customers at every weekend to lift up your company name amongst the industry.
Make Money Instantly Giving Away Free Accounts
You can start making money almost instantly by inviting your friends, followers… to join. Each time one of your referral creates a free account, you’ll earn money.
You can EARN money Each Time You Refer A New FREE Member. You can make money everyday.
It’s very easy and simple. http://www.bestprofitsonline.com/myblog/cn8n