How To Maintain Competitive Relevance..

One thing which an entrepreneur has to
keep a careful watch is “success”, not just failures.
Please read carefully the below quote from Bill Gates
“Success is a lousy teacher. It seduces
smart people into thinking they can't lose”.
This is very important for an entrepreneur
because, he/she will attain some success on the way, but if they became complacent about it, they will find themselves out of business very soon.
Google is a great story. This was the #1 search engine and they were making millions from the advertisement. But after face book has started,the advertisements are now shared with face book also and hence Google losing some share of their
business. So, an entrepreneur should not rest, even if he attains success and he needs to keep moving. Yes, he can celebrate the success, but he should
not be stuck there for a lot of time. This appears a very tough journey, because you have to keep running even after
success. Whether you accept this or not, this is life and you have to follow its rules. The reason is simple once you succeed, many people will follow your approach and they will be trying to throw you away from competition....So ,always be on the watch out in order not to loose your competitive potency.

What Vision Can Do To Your Future

There is an old story concerning some men who were moving bricks from one point to another. A visitor approached and asked one of them,"What are you doing?"The worker responded that he was moving bricks from one point to the other.The visitor asked the man again and the worker shouted with an angry tone,"Can't you see that am moving bricks from one point to another! Don't you have eyes? ".The visitor left the worker and asked several other workers and to his surprise all of them replied in the same angry and stressed tone.The visitor felt disappointed and upset.After much time, he finally discovered a particular worker who was happy as he went about his business. He asked the man," what are you doing? "and the man replied," we are carrying bricks to build the corner walls.We are building a beautiful church."The visitor became happy and moved on.This story is a good illustration for vision and their power.The workers who shouted with anger,appeared to be stressful because they unaware of why they are carrying such a load of bricks;they did not know the end result of their action.But the worker who was happy knew the end result of his action.He knew how every brick helped the construction of the church; hence he felt that his work was meaningful.

Imagine what it would mean if you had perfect clarity on your life’s purpose.

Related blog. eternalleadership.com/power-of-a-vision

 As an entreprenuer, if you are not driven by vision,you will find yourself moving to different directions wasting alot time, effort, energy & money. The end result is

Frustration.

What is a vision? Vision is a clear picture of the

future you want to be in. The picture should be

detailed and precise.

Have you observed, if you just imagine a car with

some emotion, you will start seeing similar cars in

TV, newspapers and roads? This is exactly the

power of vision. Once you have clear vision, life

will start working towards your advantage.

Mahatma Gandhi had a vision of seeing India

free and this vision inspired millions of people

and finally everything worked towards the success of the vision.

What is stopping you from having a vision?

Take That Bold Step Today

Infuse your life with action. Don't wait for it to happen. Make it happen. Make your own future. Make your own hope. Make your own love. And whatever your beliefs, honor your creator, not by passively waiting for grace to come down from upon high, but by doing what you can to make grace happen... yourself, right now, right down here on Earth.
-Bradley Whitford

This is the greatest advice I think we can hear as regards our lives .The land is truly green and opportunities abounds everywhere, there is no need to wait for things to get right,no need to wait for the economy to get better because the poor condition of the economy itself is an opportunity to make waves.The time has come for you to go out of your comfort zone,and take that bold step that would unlock the doors of limitless possibilities.Make your contact with mother nature count, make your impact to be felt by both the weak and small. Never allow the void that has been created so far,by just taking that bold step forward......

The Perfect Road Map To Success

The purpose of life is to live for a purpose,and for you to achieve your stated purpose in any endeavor, there are some critical things that needs to be done in order to make an head way in your life......
1. Own your brand

You are your brand, and people respond to it--both good and bad.Make sure your brand projects the person you really are, and own it in every way--in your face-to-face interactions, on paper, and online.

2. Prioritize relationships

Life, career, and business is all about building relationships with others. Find mentors who can show you the ropes and open doors for you, and earn sponsors--higher-ups who will pull you up to the next level--by working hard and working smart. Make building a strong, diverse, and lasting network of relationships a priority in your work and personal life.

3. Declare specific goals

Everyone needs goals in their life,whether it's earning a raise, starting a successful new business, or stressing less over the small stuff. Once you have a goal picked out, declare it to yourself and to others, then work backwards to understand the path you'll need to follow to achieve it.

4. Get more experience

The more experience you have in a particular subject or business area, the more valuable you are to your current employer, and to prospective employers. Keep learning to keep earning.

5. Develop executive presence

There's a reason why top leaders and executives are seen by others to be leaders--they have the kind of executive presence that people who work for them respond to. Work on developing executive presence--being the kind of leader that other people want to follow.

6. Feedback: Ask for it and share it

Feedback is the breakfast of champions. Only through feedback can you improve and get better. If you're not getting feedback, ask for it. If you're getting feedback, use it to change and improve for the better.

THE SECRET WEAPON OF SUCCESSFUL ENTREPRENEURS

What’s the one attribute that separates winning entrepreneurs from those that are losing business and customers?

What’s the quality that takes some business owners from unprofitable to healthy profits?

Commitment is the attribute that divides the winners from the losers and keeps some entrepreneurs moving when others stop dead in their tracks.

It’s the characteristic that keeps successful people optimistic in the midst of crushing disappointments. It’s the quality that allows champions to learn from their losses and move on. Commitment keeps victors energized when the newness wears off.

How do you recognize committed business owners from others?

 

1. People who are committed keep their promises. They do what they say, long after the moment they said it in has passed.

2. People who are committed are in for the long haul. They are willing to exchange short-term luxuries for a brighter future.

3. People who are committed have their eye on the finish line, they set attainable goals and get there

4. People who are committed demonstrate a minute-after-minute, day-after-day, month-after-month, and year-after-year attention to ensuring that  tasks are accomplished, because they know that excellence isn’t in the details, it is the details.

5. People who are committed don’t build walls, they learn how to surpass them.
Yet, while most business people agree that commitment is an admirable trait, they may not know exactly what it means to put into action. If you don’t believe this, go online and take a look. You’ll find  many abandoned or poorly maintained websites and blogs all over the place. Then, consider how much time, energy, know-how, and money their owners wasted, because neglected websites and blogs do not generate income!

Unfortunately, this is an all-too-common fate for entrepreneurs – who by their very nature, are generally much more action-oriented than others.

So, why do so many well-intentioned and intelligent small businesspeople lack the commitment needed to grow and maintain a profitable business?

 

If you’re assuming that the answer to this question is that these people don't have solid work ethics, you couldn’t be more wrong. Rather, it’s usually just the opposite. That is, many entrepreneurs become paralyzed because they’re overworked, over committed, and overwhelmed!

For example:

They’re eager to take advantage of new opportunities, so say “yes” to more than they can handle.

They’re reluctant to delegate tasks to employees or outsource work because they’re convinced that their product or service quality will suffer – or it will cost them a fortune.

They grossly underestimated how much time and energy it would take them to run their businesses smoothly.

They fail to document key processes and systems, which makes it very difficult for them to train others to take over.

And the list goes on… Yet, even if you don’t identify with entrepreneurs who suffer from these, your plate is probably still full and you haven’t a clue where you’ll find the time to add more responsibilities to your large to-do lists. All of us have times when we want to shout, “Will somebody please help me?

That’s just the point. Savvy business people know when and how to get help. Once you learn to go with your strengths and delegate the rest you will find yourself more committed, happier and more successful.

 

5 THINGS SUCCESSFUL PEOPLE DON'T DO

Successful people don't compromise on their standards. They don't settle for less than what they hope to achieve. And they definitely don't put their lives on autopilot. They believe success only comes from intention and action.

Here are the five things successful people never do:

1. They never let the past dictate their future.

We all have limitations. We all have challenges. We all make mistakes. The key is to not be constrained by those things but to learn from them.

Easier said than done? It all depends on your perspective. Take mistakes: When something goes wrong, turn it into an opportunity to learn something you didn't know--especially about yourself. (And when something goes wrong for someone else, turn it into an opportunity to be gracious and forgiving.)

Where you've been, what you've done--everything in the past is just training.

Successful people believe their past should inform them but should never define them.

2. They never say "yes" when they really mean "no."

Refusing a request from colleagues, customers, or even friends is really hard. But rarely does saying no go over as badly as you expect. Most people will understand, and if they don't, should you care too much about what they think?

When you say no, you only feel bad for a few moments. When you agree to something you really don't want to do, you may feel bad for a long time--or at least as long as it takes you to do what you didn't want to do in the first place.

Remarkably successful people practice saying no. They've gotten really good at saying no. They know that lets them focus on doing what they really need to do: for themselves and for other people.

3. They never interrupt.

When you interrupt someone, what you're really saying is, "I'm not thinking about what you are saying. I'm thinking about what I want to say ... and what I want to say is so important you need to hear it now."

Want better professional relationships? Want better personal relationships? Listen, truly listen, to what other people say. Then ask questions to make sure you understand.

Remarkably successful people already know what they think--they want to learn from what everyone else thinks.

4. They're never late (without an incredibly good reason).

I know. You're overwhelmed. So you're always running behind. It stresses you out like crazy.

And it makes other people resent you like crazy. Whenever you're late, other people rightly assume you feel your time is more important than theirs. (Which, of course, kills your chance of building an outstanding personal or professional relationship.)

Although you may believe you can't help it, being late is a choice. Youallow yourself to be late.

Remarkably successful people start the day a little day earlier. They arrive early to their first scheduled event. They don't worry that they'll waste time--they plan ahead and bring along whatever they need to use any "early" time to get a few simple things done.

Then they feel a lot less stressed and as a result are more insightful, more creative, more decisive, and simply more "on" in everything they do.

5. They're never afraid to do the things that matter.

"The only thing we have to fear is fear itself," is true, but in some ways a better quote might be, "The only thing we have to fear is ourselves."

Why? We're all afraid. We're scared of what might or might not happen. We're scared of what we can't change. We're scared of what we won't be able to do. We're scared of how others might perceive us.

And that makes us hesitate, wait for the right moment, decide we need to think a little longer or do some more research or explore a few more alternatives, and days, weeks, months, and even years pass us by.

And so do our dreams.

Don't let your fears hold you back. Whatever you've been planning, whatever you've imagined, whatever you've dreamed of, get started on it today. If you want to start a business, take the first step. If you want to change careers, take the first step. If you want to expand or enter a new market or design new products or services, take the first step.
Successful people put their fears aside and get started.

Successful people are often afraid, but they're most likely to do something about their fears.

10 WAYS TO PREDICT YOUR SUCCESS

Succe ss is defined in all kinds of ways.

You may want to be ri ch, famous or simply

leave a positive mark on the world.

The only definition that matters is your own.

Here are some signs that you have what

it takes to be highly su ccessful:

1. You crave knowledge

You love to learn in one format or another.

It could be books, audiobooks, podcasts or videos,

but the point is: you crave knowledge

2. You’re planning ahead

You may be saving for retirement or

investing in your education.

In one way or another, you’re planning ahead.

You may not feel wealthy right now,

but you are well on your way to creating a

legacy by making those small contributions.

3. You wake up early

You may not feel like you’re conquering

the world when you slowly roll out of bed,

but simply getting up early aligns your habits

with many of the most successful people in the world.

You understand the value of the early hours

and you use them to your advantage.

4. You make friends easily

Success can’t be measured merely in terms of money.

Many of the richest people in the world are often

the most unhappy. Having friends and family

that love you sets you apart from some of the

people that you may think you want to be like.

5. You have good character

You understand how important it is to treat

others with respect. Having good character

and integrity sets you apart from others,

whether you realize it or not.

People do notice and it will take you far.

6. You have a burning desire to help people

Many great business ideas started as

a desire to help others. If you hold on to that desire,

it will take you far. Want to start your own business?

Think about how you could best serve others

and start doing it. Your desire to help and serve people

will serve you well in the end.

7. You’ve failed and you’ve kept going

If you want to succeed, you have to be willing to fail a lot.

If you’re not where you want to be right now,

it may simply be because you haven’t failed enough…yet.

8. You have self-discipline and self-control

Think of all the areas in your life that you

practice self-discipline and self-control.

Don’t be so hard on yourself,

you may have more than you think.

9. You’re always getting better

You may not feel like it, but you are always getting

better. If you don’t feel like you’re improving,

 just measure your progress backwards.

Think about where you were a year ago or two or five.

I bet you’re farther along than you thought.

10. You have a giving heart

Giving is one of the foundations of healthy finances

and a healthy life. It’s not about who you’re giving to.

If you’re giving at all, you’re on the right track.

HOW DANGOTE MADE HIS BILLIONS

What are the business success secrets of Aliko Dangote? How did Aliko Dangote become a billionaire and the richest black man in the world? Well, i advice you read on to find the answers you seek.

Culling from a popular quote that says “if you want to be rich and successful, observe what the rich are doing and do the same.” I don’t know how effective this strategy can be but I feel there is an atom of truth in that statement.

Who is Aliko Dangote?

Aliko Dangote is a business magnate, whose business acumen and aggressiveness send fear into the mind of competitors. He is the richest man in Africa, the richest man in Nigeria and the richest black person in the world. This humble billionaire currently sits atop one of Africa’s largest conglomerate, the Dangote Group.

On the 9^th of March 2011, Forbes magazine declared Aliko Dangote the richest black person in the world with a net worth of $13.8billion. It’s also worthwhile you know that Dangote is the 51th richest man in the world as at 9^th March 2011. But this was not so 25 years ago.

Born on April 10, 1957 in Kano, state Nigeria, to the family of Muhammad Dangote and Hajiya Mariya Sanusi Dantata. He had his primary and secondary education in Kano before he proceeded to Alazahar University, Cairo, Egypt to obtain a degree. If not for the degree, he would probably have been on my list of the richest school drop out billionaires in the world.

It was while working under his uncle, Sani Dantata that he found his passion and began developing his business skills. After developing his business skills and building his confidence, he got a lot a loan of N500,000 (approximately $3,500 today) from his uncle in 1977 to start his own business. Aliko Dangote was also given a deadline of three years to repay the loan but he repaid the loan in three months.

Aliko Dangote started business by trading in commodities such as sugar, rice, salt, pasta, cotton, millet, vegetable oil, cocoa and textile. In the course of running his business, he developed strong business ethics and principles. One of Aliko Dangote’s business strategies for succeeding in the commodity market was to develop a strong distribution network and make the delivery of his goods faster than that of his competitors.

After gaining a strong hold on the commodities market, Aliko Dangote ventured into manufacturing and producing the same commodities he was importing. In an interview granted to a journalist by this billionaire, he stated that leaping from importation to manufacturing was his greatest business move.

Since he moved into manufacturing, Aliko Dangote has never looked back. His company (Dangote Group) controls over 13 other companies with most of them acquired through strategic mergers and acquisitions. In celebration of his 50th birthday anniversary in 2007, he commissioned a one billion dollar factory (Obajana Cement Factory), which happens to be the largest cement factory in Africa.

Today, his group is made up of:

Dangote Sugar Refinery (one of the most capitalized stocks on the Nigerian stock exchange),Dangote Flour Mills (sold majority of his shares to Tiger Brands)Dangote sacksDansa FoodsDangote transportObajana Cement (Africa’s largest cement factory)National Salt Company Of Nigeria (NASCON)Benue Cement Company Plcthe Bachita Sugar CompanyDangote CementBlue Star ShippingBlue Star Investment and so on.Just recently, he boosted his philanthropic activities with the launch of his foundation (Dangote Foundation).

So if learning and understudying the rich can give us insights into their business success secrets and if building a business from scratch is your utmost priority, then I am sure we are definitely going to get some hard core business tips from this billionaire. Below are the ten small business success secrets of Aliko Dangote; the richest black man in the world.

10 Small Business Success Secrets of Aliko Dangote

1. Manufacture; don’t just trade

Aliko Dangote started business as a trader of commodities; he gathered business confidence and experience as he grew. In an interview granted, he openly admits that one of his greatest business moves was moving from being a trader to being a manufacturer. He summed it up by saying,

“Manufacture, don’t just trade. There is money in manufacturing even though it is capital intensive. To achieve a big breakthrough, I had to start manufacturing the same product I was trading on; which is commodities.”

I am an advocate of manufacturing because it does not only improve your business status, it also helps you give back to your community and country; with respect to job creation and economic development.

2. Build a brand, and don’t destroy it

This is the second small business success secrets of Aliko Dangote. Aliko Dangote is one of the firm believers of the “Brand Power” and this is what he has to say about it:

“To succeed in business, you must build a brand and never destroy it. One competitive advantage I had when I ventured into manufacturing was my brand “Dangote,” which I diligently built in the course of my trading commodities.” – Aliko Dangote

Sometime ago, Coca Cola’s assets were estimated to be worth $3billion but the brand name alone “Coca Cola” was valued at over $80billion. That’s the power of a brand. So why not start building a brand today? Your brand could be your saving grace in hard times; it could also turn out to be a very strong competitive advantage for your small business.

3. Sell cheap, give quality and don’t kill the competition

To build a successful business, Aliko Dangote emphasizes the importance of selling quality products at affordable price. Selling quality products at an affordable price helps in increasing customer’s loyalty. With respect to competition, Dangote has this to say;

“Don’t kill the competition. Competition is healthy for businesses. It keeps you the entrepreneur on your toes.” – Aliko Dangote

“There is one rule for the industrialist and that is: make the best quality goods possible at the lowest price possible, paying the highest wage possible.” – Henry Ford

4. Start small but dream big

“I built a conglomerate and emerged the richest black man in the world in 2008 but it didn’t happen overnight. It took me thirty years to get to where I am today. Youths of today aspire to be like me but they want to achieve it overnight. It’s not going to work. To build a successful business, you must start small and dream big. In the journey of entrepreneurship, tenacity of purpose is supreme.” – Aliko Dangote

5. Have connections and pray for a big break

The next small business success secret is business connections. Aliko Dangote is respected for his strong network of business and political connections. You can build your connections and strengthen your network in the business world by increasing your corporate social responsibility, signing joint ventures and partnership deals, forming strategic alliances, attending business events and parties, making political donations and paying courtesy visits to those at the helm of affairs.

To survive in business, you must strengthen your business connections and network. And most importantly, you must pray for a big break. Big breaks are very vital to entrepreneurial survival. In fact, I can hardly point to any successful entrepreneur that wasn’t thrust upwards by a big breakthrough.

Bill Gates had his big break when he negotiated and signed a deal with IBM.Aliko Dangote had his big break when he secured a license to import cement. Oprah Winfrey had hers when she started Harpo Studios Productions and acquired the full rights to her shows; “The Oprah Winfrey Show.”Li Ka Shing had his during a riot period and he began buying properties at rock bottom prices.Larry Ellison had his when he secured a deal to build database software for the CIA. The list goes on and on.

So if you really want to take a giant stride in business, you must not only pray for a big break; you must seek it out and be prepared for it when it comes.

6. Believe there is money to be made in your country

Dangote believes one of the main prerequisite to building a successful business and ultimately becoming rich is developing a firm belief in your country. Dangote is a firm believer in his country Nigeria. He believes opportunities abound everywhere but it just takes a smart eye to see them. He encourages everyone to seek opportunities in their own country instead of seeking greener pastures in other countries.

7. All work and less play makes Jack a rich man

A popular saying goes “all work and no play makes Jack a dull boy,” but billionaire Dangote believes that all work and less play makes Jack a rich man. Hear him:

“I enjoy myself a lot but I derive more joy in working. I believe in hard work and one of my business success secrets is hard work. It’s hard to see a youth that will go to bed by 2am and wake up by 5am. I don’t rest until I achieve something.” – Aliko Dangote

My mentor has said it all but I want to add something crucial and that thing is this; “working hard alone doesn’t guarantee success, you must also work smart.“

“It is not really work if you are having fun.” – Pierre Omidyar

8. Give back to those who made you

I hope you are conversant with the saying that goes “no man is an island.” You can never get rich alone. There have to be contributing factors and individuals you will need to leverage upon. Dangote believes in the principle of “give and it shall be given unto you.” Just as stated above, one of the small business success secrets is this; you must give back to those who made you.

“No man becomes rich without himself enriching others.” – Andrew Carnegie

Now who are those who made you? These are individuals or entities you leveraged upon to get to the status you are now. They are those who gave you a helping hand when you needed it most. They could be those who gave you business contacts, connections and encouragement. They could be business associates, political associates, investors, loyal customers, good suppliers, political associates, your employees, business team, business partners and so on.

9. Obey the laws of the land

“Why risk going to jail by engaging in illegal businesses when it is easier to make money legally? – Rich dad

Dangote advises entrepreneurs to be law abiding citizens. He encourages everyone to do business as outline by the regulatory bodies. Obeying the laws of the land also entails keeping your credit and tax record clean. Nothing hurts more than striving to build a business empire only to have your assets impounded or frozen by the authorities. So do the right thing.

10. Business must flow in your blood

“After my death, I want to be remembered as Africa’s greatest industrialist.” – Aliko Dangote

Lastly, Aliko Dangote revealed that you must have business flowing in your blood if you really want to make it big as an entrepreneur. I solely agree with him. Look at all successful entrepreneurs, they seem to possess a different kind of spirit. That’s the entrepreneurial spirit.

To success in business, everything around you must smell business. That is to say you must think business, dream business and live for business. It’s all about the entrepreneurial spirit. The same spirit that kept Warren Buffett in the game even at old age, the same spirit that drives General Electric even after the death of its founder; Thomas Alva Edison.

Without this spirit, you will ultimately fail.Business flowing in your blood entails tenacity, doggedness, shrewdness and every single attribute required to keep you going in the game of entrepreneurship.

15 Sure Ways To Make Money Online

The world they say has become a global village and many people only see this view from a socializing point of view.The internet has become a very large market where buyers and sellers surf on daily basis to satisfy their needs.Therefore this is an opportunity for you to turn your phone into into a money making device by looking at the various ways you can put money into your pocket.
1. Sell an ebook
The much loved model for bloggers and content creators everywhere and for a good reason…it’s pretty easy to write a 60-80 page ebook, not hard to sell say $500 worth a month through online networking, guest posting and your own SEO optimized blog, and well you get to keep a large whack of the pie after paying affiliates. Hells yeah!
2. Create a blog and get the affiliate links cranking
Who doesn’t like some down and dirty affiliate fees?! It’s even easier to make money this way than with an ebook, because all you need to concentrate on is pumping out the content for your own site and getting the traffic in – most people can get an affiliate sale within 30 days of starting a blog.
3. Sell an online course with membership
We’re talking a members-only multimedia-driven website here. Straight up I have to say, this is a looooot of work. I’ve done it and it nearly killed me.
4. Create a comparison site
I really like this idea, but must confess I’ve never earned passive income from a setup like this before.
I’ll be putting something together soon though and really wanted to share this one with you.
5. Build an ecommerce store and drop ship
This idea is for those of you hell-bent on making some serious passive income online.
There’s a lot of work upfront and by comparison to other ideas, there can be a fair bit of work on an ongoing basis. But if you automate as much as possible and/or hire a VA in the Philippines for example, you can get it down to just a few hours a week.
6. Put together static guide websites and directly sell advertising space
I want you to think very specific here…
I’m not talking about writing a blog on cats and inserting some Google Adsense up in there.
7. Create a lead capture website for real world businesses
You can make $1000s a month with this idea, easily!
Think simple Google-friendly content site with a high converting inquiry form for capturing details (maybe even a free report attached to that or something else to boost conversion).
8. Build an online store for a real world service and outsource the work
For this one it’s easiest if I give you an example I’m thinking of launching next month.
Build and SEO optimize a website for people looking to convert 8mm home videos to DVD / USB.
9. Get an iPhone or iPad app built
Oh hello bankruptcy!
Haha, nah apps aren’t that expensive to get made anymore. And if you want to create a mainly info-based app there are plenty of easy to use programs online for DIYing this for a couple hundred bucks.
10. Vending machines, games machines, laundromats, ATMs etc
Joking!! Got you! These suck big time.
I’ve read so many blow-by-blow financial accounts of these businesses and in no way can they add up to profit, apart from the exceptional few business operators who are crafty at selecting locations, negotiating deals with vendors and efficiently outsourcing all the leg work and maintenance.
11.Create your own YouTube Channel and take the adsense share
Hang on, I said that relying on Google adsense is mental above.
What’s changed?
Well, I think that getting the traffic to a blog is a lot harder than getting views on You Tube these days, because the text-based content world is so freaking full (and thus crazy competitive), whilst the video world is so relatively empty since most people are too shy to turn their prose into video. Continue reading >
12.Resell online products and services
The first thought that pops into my mind is web hosting and the second thought is mobile websites.
These are just two examples of the types of things you can resell to businesses (or people) in the real world.
13.Build up an investment portfolio
I really didn’t want to have to put this in as it’s oh so freaking unoriginal and boring, but hey it works sooooooo well.
In fact, if you look at your average millionaire, the majority of their income often comes from the dividends and capital gains their investment portfolios spit out reliably every month.
14.Write for money, I mean adsense
This is different to setting up a blog and putting up adsense on it.
With this idea instead, you write like a freaking nutjob and distribute your content to one of dozens of high page rank content publishing platforms.
15.Create a niched up stock content library for others to use
Build a library of whatever your creative ass can muster and live off the royalties like a fat prince (well kind of).
From photos to icons to melodies, go nuts.

15 MAGIC WAYS TO GENERATE INCOME ONLINE

1. Sell an ebook
The much loved model for bloggers and content creators everywhere and for a good reason…it’s pretty easy to write a 60-80 page ebook, not hard to sell say $500 worth a month through online networking, guest posting and your own SEO optimized blog, and well you get to keep a large whack of the pie after paying affiliates. Hells yeah!
2. Create a blog and get the affiliate links cranking
Who doesn’t like some down and dirty affiliate fees?! It’s even easier to make money this way than with an ebook, because all you need to concentrate on is pumping out the content for your own site and getting the traffic in – most people can get an affiliate sale within 30 days of starting a blog.
3. Sell an online course with membership
We’re talking a members-only multimedia-driven website here. Straight up I have to say, this is a looooot of work. I’ve done it and it nearly killed me.
4. Create a comparison site
I really like this idea, but must confess I’ve never earned passive income from a setup like this before.
I’ll be putting something together soon though and really wanted to share this one with you.
5. Build an ecommerce store and drop ship
This idea is for those of you hell-bent on making some serious passive income online.
There’s a lot of work upfront and by comparison to other ideas, there can be a fair bit of work on an ongoing basis. But if you automate as much as possible and/or hire a VA in the Philippines for example, you can get it down to just a few hours a week.
6. Put together static guide websites and directly sell advertising space
I want you to think very specific here…
I’m not talking about writing a blog on cats and inserting some Google Adsense up in there.
7. Create a lead capture website for real world businesses
You can make $1000s a month with this idea, easily!
Think simple Google-friendly content site with a high converting inquiry form for capturing details (maybe even a free report attached to that or something else to boost conversion).
8. Build an online store for a real world service and outsource the work
For this one it’s easiest if I give you an example I’m thinking of launching next month.
Build and SEO optimize a website for people looking to convert 8mm home videos to DVD / USB.
9. Get an iPhone or iPad app built
Oh hello bankruptcy!
Haha, nah apps aren’t that expensive to get made anymore. And if you want to create a mainly info-based app there are plenty of easy to use programs online for DIYing this for a couple hundred bucks.
10. Vending machines, games machines, laundromats, ATMs etc
Joking!! Got you! These suck big time.
I’ve read so many blow-by-blow financial accounts of these businesses and in no way can they add up to profit, apart from the exceptional few business operators who are crafty at selecting locations, negotiating deals with vendors and efficiently outsourcing all the leg work and maintenance.
11.Create your own YouTube Channel and take the adsense share
Hang on, I said that relying on Google adsense is mental above.
What’s changed?
Well, I think that getting the traffic to a blog is a lot harder than getting views on You Tube these days, because the text-based content world is so freaking full (and thus crazy competitive), whilst the video world is so relatively empty since most people are too shy to turn their prose into video. Continue reading >
12.Resell online products and services
The first thought that pops into my mind is web hosting and the second thought is mobile websites.
These are just two examples of the types of things you can resell to businesses (or people) in the real world.
13.Build up an investment portfolio
I really didn’t want to have to put this in as it’s oh so freaking unoriginal and boring, but hey it works sooooooo well.
In fact, if you look at your average millionaire, the majority of their income often comes from the dividends and capital gains their investment portfolios spit out reliably every month.
14.Write for money, I mean adsense
This is different to setting up a blog and putting up adsense on it.
With this idea instead, you write like a freaking nutjob and distribute your content to one of dozens of high page rank content publishing platforms.
15.Create a niched up stock content library for others to use
Build a library of whatever your creative ass can muster and live off the royalties like a fat prince (well kind of).
From photos to icons to melodies, go nuts.

10 THINGS SUCCESSFUL PEOPLE DO TO ALWAYS EXCEL

Finding amazing talent is a tricky process. Making talent recruitment a top priority can multiply the success of an organization.
To recognize great talent, hiring managers can look for the following signs instead of paying attention only to resumes and cover letters.
Here are 10 things people possessing great talent always do:
Related: Could GE's Winning 4-Point People Strategy Work for Your Venture?

1. They talk about their long-term goals.

Talented candidates aren’t afraid of their future. In fact, they’re excited about their career and what’s in store.
Ask candidates about their long-term goals during a job interview. Those with great talent will talk about their prospective future with the company and what they plan to accomplish if hired.

2. They’re resourceful and prepared for anything.

Great talent is prepared for any situation. The ability to think and act on the spot is a quality few people have.
People with top-notch talent know their resume inside and out, have their portfolio ready and can answer interview questions without stumbling over their thoughts.
Related: The 3 Attributes to Look for in Top Talent

3. They display confidence in any situation.

There’s a fine line between confidence and arrogance when identifying top talent. Confident individuals, however, can handle any situation and accept the reality that it’s OK to be wrong.
During the interview, ask candidates about their weaknesses. Look for a candidate who can confidently speak about weaknesses and explain the lessons they have learned.

4. They market their versatility.

Individuals who are truly talented possess a wide range of skills and can transfer them to different roles and succeed.
Ask candidates about a time when they had to try something new or apply their skills in an unusual situation. A good candidate will be able to share an experience or two.
Related: 3 Keys to Unlocking Employee Talent

5. They prioritize results.

Talented people care about results. They have a burning passion to accomplish their goals, both in their personal life or career.
Those who possess top talent will talk about what they want to accomplish once hired without the interviewer having to ask.

6. They ask smart questions.

Bright individuals are curious people. Because of this, they’ll ask questions to learn more about an organization and how it functions.
During the interview, a talented candidate will ask questions about what he or she is expected to accomplish if hired. They will inquire about the attributes of the top performers at the company and about what it takes to drive results.
Related: Want to Hire the Best Talent? Be Like Elon Musk and Set a Strong Vision.

7. They’re extremely flexible.

Many organizations continuously update their goals and implement new strategies. Top talent can adjust to such changes without becoming derailed from success.
Ask candidates about a time when they had to quickly adapt to a new situation and what happened.

8. They’re comfortable with taking risks.

Risk taking is involved at any business. Talented people aren’t afraid of pushing the envelope to discover new ideas.
Ask candidates about a time where they had to take a risk. Their response should provide enough insight about whether they can take big enough risks.

9. They bring passion to the position and organization.

This might seem like a cliché, but passion is a quality that sets apart those with great talent from lackluster candidates.
When a talented person is passionate about what he or she does, that individual is not afraid to tell a prospective employer. In fact, when someone is truly passionate, a hiring manager can see it in the individual's personality and previous experience.

10. They communicate effectively with a variety of stakeholders.

Strong communicators have the ability to take organizations to the next level.
When speaking to candidates over the phone or in person or exchanging emails, pay close attention to how they communicate. This gives employers a better indication of their communication skills.

10 QUALITIES OF POWERFUL PEOPLE

If you really want to bring success into your life, you should cultivate yourself just as you'd cultivate a garden for the best yield.
The attributes here are shared by successful people everywhere, but they don't happen by accident or luck. They originate in habits, built a day at a time.
Remember: If you live your life as most people do, you will get what most people get. If you settle, you will get a settled life. If you give yourself your best, every day, your best will give back to you.
Here are the traits that the highly successful cultivate. How many do you have?

1. Drive

You have the passion to work harder than most and make sure things get done. You pride yourself on seeing things getting completed and you take charge when necessary. You drive yourself with purpose and align yourself with excellence.

2. Self-reliance

You can shoulder responsibilities and be accountable. You make hard decisions and stand by them. To think for yourself is to know yourself.

3. Willpower

You have the strength to see things through--you don't vacillate or procrastinate. When you want it, you make it happen. The world's greatest achievers are those who have stayed focused on their goals and been consistent in their efforts.

4. Patience

You are willing to be patient, and you understand that, in everything, there are failures and frustrations. To take them personally would be a detriment.

5. Integrity

This should not have to be said, but it's seriously one of the most important attributes you can cultivate. Honesty is the best policy for everything you do; integrity creates character and defines who you are.

6. Passion

If you want to succeed, if you want to live, it's not politeness but rather passion that will get you there. Life is 10 percent what you experience and 90 percent how you respond to it.

7. Connection

You can relate to others, which in turns makes everything reach further and deepen in importance.

8. Optimism

You know there is much to achieve and much good in this world, and you know what's worth fighting for. Optimism is a strategy for making a better future--unless you believe that the future can be better, you're unlikely to step up and take responsibility for making it so.

9. Self-confidence

You trust yourself. It's as simple as that. And when you have that unshakeable trust in yourself, you're already one step closer to success.

10. Communication

You work to communicate and pay attention to the communicators around you. Most important, you hear what isn't being said. When communication is present, trust and respect follow.
No one plans on being mediocre; mediocrity happens when you don't plan. If you want to succeed, learn the traits that will make you successful and plan on living them out every day.
Be humble and great. Courageous and determined. Faithful and fearless. That is who you are, and who you have always been.