How To Live The 4 Hour Work Week

Still Doing It All Yourself When it Comes To Blogging? You Need To Read This – And It’s FREE

I recently stumbled across this great little report called Secrets of Outsourcing Experts Revealed – and I had to let you know about it straight away.
You see, I come across SO MANY bloggers who are going out of their mind trying to do everything themselves – from building their blog to customizing their design. They get home from work at around 7.30pm, eat, touch base with the family – and sit down to work on their Internet marketing . . . sound familiar? I know – I’ve been there – and this little gem is specifically for those of you who do it all themselves – and wish you didn’t.

The Secrets of Outsourcing Experts Revealed is not just another report about outsourcing. It melds together leading experts such as Tim Ferriss, Jeff Mills and John Jonas, all of whom have outsourced their entire businesses and live the lifestyle they desire, working as little as 4 hours a week. The report is packed with insights from these leading Internet marketers – they reveal their screwups, and their successes – and what they’d wished they’d done in the beginning. They also wish they’d had the kind of knowledge about outsourcing delivered in this report – and these guys know what they’re on about. One of the things all of them agree on is they wish they’d outsourced more of their businesses earlier – and that struck a chord with me because, like you, I know what it’s like to be drowning in a ‘to-do’ list for my online business.

The report is by Tyrone Shum, a young entrepreneur who has already cracked the secret of outsourcing successfully and now rakes in a cool 6 figures a year while working only 4 hours a week. He has implemented the strategies covered in his report, and knows exactly what (and what NOT) to do.
This is a perfect example of learning from someone else’s mistakes without making them yourself – the report covers the pitfalls and ripoffs people like John Jonas have already experienced – so you don’t have to. Know exactly where to go and how to begin outsourcing from the start – and I recommend doing it as soon as your business can afford it; according to the report, you can begin hiring staff from as little as US$125 a month part time – and think of the time that will get back for you…

I was literally bowled over by the amount of information and knowledge in this report – the more so cause it’s absolutely free. I personally would be happy to pay for this sort of information, so grab it while you can. All of the information you need on outsourcing are in the report, so take a little time right now to download it. After all, if it’s good enough for John Jonas, Tim Ferriss and Jeff Mills, it’s worth your time to look into.

YOUR DOWNLOAD LINK TO THE REPORT

To download your own copy of Secrets of Outsourcing Experts Revealed
report, please visit the following page:

Free Report Click here

For best results, I recommend you print out the report and find a nice and quiet place to sit down and read it from start to finish without being interrupted. That way, you’ll get to enjoy the interviews and have a much better overview of what it takes to outsource your Internet business. You’ll probably get loads of ideas from these Internet marketing experts and start jotting down ideas right away – I know I did. So far I’ve noted dozens of ideas for my own business.

Not everything in the report will apply to all of you, but there’s a lot of information to work with as you grow your online business. As far as I’m concerned, it’s all about leveraging your time. Think about the parts of your business you don’t really like, or that take you far too long (like technical stuff if you’re a copywriter – or content creation if you’re a techie). Do you spend time writing invoices, when you should be strategizing for growth? This is exactly the sort of thing you can outsource – and you’ll get stacks more ideas about leveraging your time in this value-packed report.

If you’re thinking about outsourcing, I recommend you read this report first – doing it the wrong way can cost you a lot in time, money and lost business revenue. Check out this report – you’ll be glad you did.

Free Report Click Here

How to Earn Respect from your Employees

Whether you are brand-new to your position or have been experiencing a difficult time interacting with your employees, you must realize that respect is not something that automatically comes with the position, but it must be earned. This is a mistake that many new managers or bosses make as they think that merely being in the position of supervisor is sufficient to garner the attention and respect of subordinates.

While you must always, fundamentally, protect your ultimate position as a decision-maker, you should engage your employees as much as possible. This can often be a subtle undertaking as you neither want to appear to be too dominant nor too submissive, yet the path to respect lies in the middle.

Always show that you are competent, understand your role and have a good grasp of the business fundamentals. There is nothing worse than a ship adrift at sea and before you can get the respect of your employees you must be able to counter their fears and show them that you are clearly in control of the business destiny.

You must be able to “walk the walk” as well as “talk the talk” and should establish yourself as the role model within the organization. Stand by your convictions and believe in what you say.

Never try and bluff your way through any situation. If you truly do not know, admit to it and move on to the next step, which is to try and find a solution to the issue and to educate yourself appropriately to do so. You can gain a lot of respect by engaging your employees to contribute their knowledge and possible solutions to the situation. This goes a long way to gather respect.

If you are new to your position as employer or supervisor, it is generally a good idea to allocate time to an inclusive meeting with all the staff, during which you may go through a “state of the business” discussion and outline the corporate goals, your goals and invite contributions to determine their goals. If you can establish that success is a joint initiative between all of you and that each employee has his or her significant part to play, then you can engage their support for your overall objectives.

If problems arise and decisions have to be made, understand that there’s a right way and a wrong way to do this. It is often better to suggest rather than to dictate, as this helps to involve the employee and should make for a more enthusiastic approach, as opposed to a mandate. This does not mean that you should be “a pushover,” and must be prepared to make a firm decision if detraction, for one reason or another, would not be in the best interests of the business as a whole.

In short, always be approachable, reasonable, inclusive, appreciative yet firm. You will find that this approach is far more likely to gain employees’ respect and lead to a successful and mutually rewarding relationship.

Speaking from first hand experience, do you have any suggestions?

Matthew Toren

The Top 3 Dating Sites

Nobody likes to be single. Every human being craves a certain amount of attention and affection and we all go through life believing that there is somebody “special” out there for us. Some of us find that special person rather easily, whilst many of us do not. For those who lead a very full life through work and other commitments, getting the time to venture out and actually meet people in person can be a challenging proposition. For those of us who are actively searching, we have come to your rescue and have analyzed the top dating sites on the web. For all you lonely young entrepreneurs out there, here are our top three picks:

1. Plenty Of Fish

Far from the most glamorous of websites, and way behind when it comes to mainstream marketing spend, Plenty Of Fish is nonetheless our top pick. The site attracts an enormous number of monthly visitors, yet is still ably managed by its founder, Markus Friend, to this day. The service is offered free to all visitors, who receive a feature-rich platform. There are numerous forums, comprehensive questionnaires and the site is much less formal than some of the other top competitors. Markus seems to have hit on the right mix of presentation and promotion. For example, a popular feature is the “who loves me” feature, where you can check out who has checked you out.

2. OK Cupid

This site is a great mix of social networking, online dating and compatibility testing. Once again, the site is not as pretty as some, but is presented as a free service. Part of the attraction of this site is that it allows you to create your own compatibility matching questions, which we believe to be a unique feature. This makes you feel as if you really are narrowing your choices down to somebody who truly matches you. You may make contact, however, with anyone on the site, not just your “matches”.

3. E Harmony

E Harmony is probably the most avidly promoted, with regular advertising slots on network and cable TV. As opposed to the above mentioned sites, E Harmony’s compatibility matching methods are somewhat rigid, although the results are generally good. They have 29 different, predetermined selection categories, but their compatibility process does take time. Some criticize this aspect of their mix, and as the site is fee-based, your investment can take a little time to pay off. In addition, they only allow you to get in contact with those whom you have “matched” through their process.

So what do you think about our Top 3 Dating Websites? Have you had any experience with these sites, or others? We want to hear your thoughts about our choices. Who would be on your Top 3 Dating Website lists and why?

Adam Toren

Tips for setting up your Accounting System

One of the most daunting tasks you can face when setting up a new business involves the process of establishing an accounting system. The dictionary defines accounting as “a precise list or enumeration of financial transactions”, which is a mouthful and can be translated into “a way to track money coming into and out of your business”.

Accounting does not only tell you whether or not you’re making a profit, but also helps you to track your different sources of income and categories of expenditure and make important decisions based on this information. Within your system you will compose records, including a profit and loss account, a cash flow projection and a balance sheet, which will combine with numerous other reports to give you a good overall picture of your enterprise.

When it comes to setting up an accounting system you must first pick your accounting method. This gives you two choices – either the cash method or the accrual method. The cash method is the more popular and is usually adopted by small business. This method requires you to account for your income when you actually receive it, and your expenditure when you actually pay out. If you normally take immediate payment for a product or service through a check, credit card or cash, this is the method you should likely adopt. The accrual method requires you to account for a sale when it is consummated, not necessarily when you receive the money for it. Likewise, expenses are accounted for when you actually receive the product or service. Companies that use an invoicing system use the accrual method.

Most small businesses choose the cash method as it is much easier to maintain. For example, you do not have to establish records for “accounts receivable” or “accounts payable”, but if your company exceeds $5 million in annual sales you will likely be forced to use the accrual method by the taxation authorities.

Once you have settled upon your accounting method, decide how you are going to record all your transactions. While some people choose to do this by hand, as was common at one time in our history, the majority of people choose to use software. Many different software programs exist, the most prominent being QuickBooks.

Once you have determined your method and your recording platform, set up your chart of accounts. This is simply a listing of the various categories and subcategories. Most accounting platforms use the “double entry” standard, which means that when you make one record of a transaction, you must make a corresponding and opposite record to balance out. This is a highly accurate way of compiling financial records.

It is very important to use your new accounting system religiously. It is strongly recommended that you maintain the system every week, if not on a daily basis. Obviously, the more complex your operation, the more attention you should pay to accurate record-keeping. Always make sure that you record every transaction, be it a check, a charge, petty cash, or a bill.

As the old saying goes, “garbage in, garbage out”. Be careful when entering transactions and do remember to reconcile your accounts. Reconciliation is vitally important, and again should be done on a regular basis, or you will spend many nervous hours looking for your error. At the very least, you should reconcile your accounting system against your bank statements. Always reconcile to the penny, and you will have very accurate records and will be ready to provide the greedy taxman with his share at year-end.

Have you got any other tips on managing your accounts?

Matthew Toren

The Pros and Cons of Making Money With Twitter

It’s refreshing to see the entrepreneurial spirit alive and well, especially with new enhancements to technology. Take Twitter for example. It is, in and of itself, a fantastic technological advancement, but so are the income producing programs that have been created. We’ve seen many innovative applications branch off from an existing service, but as with anything, there are positives and negatives. Let’s take a look at the programs that enable you to make money with Twitter.

Without a doubt, Twitter is an excellent business communication tool, allowing more efficient contact with customers. While it has all the makings for a great advertising vehicle, Twitter as of yet has no formal advertising program. So taking your Twitter use to the next level and starting a Twitter advertising program means finding a balance between a sales pitch and a tweet that will lead potential buyers to your website.

If you blog on Twitter and have a good number of followers, this becomes an appealing vehicle for advertisers. You can actually generate income for a blog you are already producing. Of course, you’ll have to be open to running an advertising pitch at the end of your message, which may or may not offend some of your followers.

Twittad is probably the most structured and established program where you can make money using your Twitter profile. One option is to sell ad space on your Twitter account. You list it on Twittad, name your price based on your followers, and if you accept the ad, it will be added to your Twitter profile. Each time the ad is clicked upon, you earn money.

The other Twittad option is its opt-in advertiser campaign. This is particularly useful for entrepreneurs on Twitter because you can send a tweet advertising a product and earn income by doing it.

While it appears Twitter has the makings for some substantial income producing opportunities, advertising gurus point out some of its potential downfalls. For example, Twitter’s retention rate is less than 50%, which means those who visit your Twitter profile once, may not return again. That makes it a bit more challenging to meet your goals for online audience reach.

While there is much hype surrounding Twitter right now, the question is whether it can maintain it long-term. Keep in mind that some find Twitter’s interface a bit confusing, which means many are still trying to figure out its intricacies, like trying to follow conversation threads and figuring out direct messages and retweets.

Whether or not the pros outweigh the cons is a personal decision. But considering the vast audience that Twitter attracts, it’s a sure bet it’s evolution will include an advertising program. For entrepreneurs, that could mean a promising addition to current online advertising opportunities.

If you’ve tried any income producing programs on Twitter or have your own ways of making money using Twitter, we invite you to share them with other entrepreneurs. Leave your feedback and suggestions in a comment.

Adam Toren

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