Key Rules To Make Good Income Working From Home (Part 3)

 1. The Computer.
You should pay close attention to what computers can do for you in your plans to escape your job and make your work-at-home dreams come true. People who want to run a home business usually have a very small staff, in fact, a staff of one yourself! 

The rest of your needs are handled by independent contractors, depending on the kind of business you are in and the services you need. To run a serious, truly global home business, a computer is as necessary as oxygen is to life on earth.  

Those who try to fool themselves into thinking they will ever make a serious go of their home-based business without a computer are sadly mistaken. Computers give you two primary advantages: (1) They enable you to store large amounts of data and to sort by data field so that you can easily get the information you need.

(2) They enable you to develop a pattern document for every situation you'll ever be in in your business.  To run a home-based business successfully, you must anticipate just what situation will emerge and prepare accordingly. A business is based on a characteristic series of situations and a characteristic set of things that happen -- or that do not happen. 

 

You must be prepared with the proper document for each situation.  Once you have established all the protocols, and have experienced all the situations associated with your kind of business, the time will come when running your business is, in large part, a repetition of certain key tasks. 

 
 Computers are all about handling repetition swiftly and efficiently. But the computer is much more.  Today, by connecting a computer to the phone line with a modem, your machine becomes more than a data storage system and repetitive task handler. It becomes a multi-task, multi-level communications processing center that connects you to the globe. Such things as e-mail, on-line services, the Internet, the Web and more can't help but revolutionize the way business is done. 

 
 If you do not become a part of it today, you certainly are going to suffer for it greatly in the near future. If there is an effective way to market products on the Internet or any other on-line venue, no one has truly discovered it yet. The only people making money on Internet marketing are the people who are selling the concept of doing it. 

 If you have a product or a service and expect to reach millions of buyers through computer screens, you are sadly mistaken. The Internet is definitely where a lot of innovative things are happening. It's a great place to exchange ideas, find out what hot, what's not, and stay on the cutting edge whatever your particular business is.

 
2.  Your Business Hours
If you've been paying attention to the first four points, you're well on your way to becoming a successful home-based business owner.  Now we don't want you to blow it by thinking you can keep banker's hours. The global market is a 24-hour per day market, and a 365-day per year market. Let the others sleep late on Saturdays and take Sundays off. Those times could be your day to move and corner loads of customers that the others miss. You should get up earlier and quit work later. 

You should be open for business on holidays and be available 24-hours a day either personally or through your answering service. "But wait a minute!" you might be thinking at this point!  "I thought that working at home was all about freedom and an end to drudgery. This sounds like nothing but  endless work!" Well, here's the thing.  For most of you who quit your regular jobs to go to work for yourself, you'll discover something magical. Have a nice day and a great week ahead!. 

Read Part 1 Here.

Read Part 2 Here.

2 Key Rules To Make Good Income By Working From Home (Part 2)

1. Eliminating the Home-Office Mentality
To move our work home, however, does not mean we eliminate every single thing about the traditional home office. Rather, we should select what is useful and what is not. It's a mistake to quit your job and go home with a "home-office" mentality. By this we mean thinking small, and believing that you will automatically sacrifice a decent income in exchange for your freedom. Please! Do not think small! A quote again says:"Too many home-based practitioners fail to understand the benefits that accrue because of the professional style they have selected. 

They focus on the "home" part of the business rather than the "business" portion, and as a result are doomed to "small incomes." Working at home provides many benefits. We can save a lot of time because we don't need to commute and we have more control over our schedule. We can save a lot of costs because we don't have the overhead requirements of larger businesses. We can cut our stress and so have more energy because we avoid many of the characteristic problems of life in the late 20th-Century office. We must work these advantages to our profit. 

2.Your International Headquarters
The German philosopher Immanuel Kant said that if you sit at home alone at your empty kitchen table, eventually, the "whole world will come to you." Well, today you don't need the great mind of a philosopher to make the entire world come into your living room. What you need is a phone jack. We live in a unique time in history. Satellites, fiber optics, the integrated circuit and other communications miracles means that you can be just about anywhere in the developed world and establish communication with anyone. 

The telephone, the fax machine, the computer, the modem, the internet, all of these are not only affordable by any middle-class citizen; they are the key to eliminating your need to drive a hectic freeway everyday to get to a place of business outside your home. With these devices at our disposal, we should allow ourselves to "think globally."  Too often, home-based businesses focus on the narrowest market, the neighborhood, the county, the city or state. This is fine if you are providing a local service and are content with a certain moderate level of income. But if you want the big bucks, you should not think small.  Also, you should not believe that, just because you are home-based, you cannot compete with the big guys.
 

The purpose of any business is to seek assess and seek out every possible market for its products and services, to ascertain whether these markets have the ability to buy these products/services, to determine whether there is sufficient profit in these markets to warrant approaching them and once positive assessment has been made, to launch a sustained marketing campaign that gets a significant percentage of this market to purchase the product or service in question. 

 

Your home telecommunications machines will not only enable you to do this, but they can also help you overwhelm larger, more cumbersome traditional businesses that are your competition. As a home-based entrepreneur, you will not have all of the disadvantages of your more traditional competitors:  no office rent, equipment or expense; no employees to pay salaries and fringe benefits for; no time wasted on meetings, employee problems, paid sick leave, etc.

All the money your competitors spend on heating the office and buying furniture could better be spent on the actual marketing itself. As a home-based business, you will be already positioned where the traditional business is currently struggling to move: toward the lowest possible overhead and the greatest possible concentration of dollars on products/service development and product/service marketing.

 

So, a home-based business takes full advantage of three major goals of modern business success:
(1) Vastly reduced overhead
(2) Easy access to a global market
(3) Full advantage of telecommunications.
To not have the basic telecommunications toys, The computer, modem, fax, and telephones is impossibly stupid. Still, even in this day and age, many of people strongly resist the one element that is undoubtedly the heart and brain of any successful home business the computer. 

 

The computer is so important in fact, we have made it a category all itself. And remember, learning to use a modern computer is easier than learning to drive a car, so you have no excuse not to plunge forward.  Have a nice day. Read Part 1 Here.

5 Tips To Improve Your Blog Earnings Every Year

1. Backlinks to just any site or blog are no longer as important as they used to be, stop focusing too much on them. 

And even if you think you need it, share some of your stuff on authority site like nairaland or other related forums for traffic.

2. Choose a niche and be focused, we're all motivated by bloggers who combine politics, entertainment, sports and everything else on one blog. Unless you're lucky and you have good traffic source from social media, it may not work.

3. Write articles that solve problems. for example, if you can write a good article on eNaira use, recovery of lost social media accounts, etc. what it is, how it works, how to buy it, where to buy it etc, I guarantee search engines will like you and your adverts will reward you for it.

4. If you're a lone blogger like me without collaborators or a team of writers, your best bet is to focus on SEO, stop sharing your url on any unrelated or just random Facebook groups to trick people into visiting your site.

 It doesn't work much any longer and it will reduce your cost per click earnings even if you manage to get few traffic visits like that.

5. Follow people who are getting traction online, go to their sites, follow everything they are doing right, add yours and now finally able to make more income monthly. 

Have a nice day. Click here to subscribe.

 

Fundamental Technical Analysis And Tools Of Trading The Markets

Fundamental analysis is the evaluation of non-visual information to evaluate trading activity and make trading decisions. Whereas technical analysts utilize charts and mathematical indicators to quantify price activity, fundamental analysts utilize market news and market forecasts to qualify price activity. There are numerous market events that move financial markets every week. Some affect every market instrument while others affect specific instruments. If the outcome of a market event has been fully discounted by the market, traders will not notice any discernible impact on their charts. If the outcome of a market event has not been fully discounted by the market, the result is either price appreciation or price depreciation and traders will see this activity on their charts.

Every week, there are fundamentally-important market events that are scheduled in every country at specific times. Similarly, there are fundamentally-important market events that may not be scheduled for specific times. Some countries (Germany, for instance) often do not schedule market events for specific times. The outcome of market events is sometimes leaked in advance in certain countries (Germany, for instance) for different reasons. Market events include the release of economic data, speeches and testimony by government officials, interest rate decisions, and others.

Technical Analysis

Technical analysis differs from fundamental analysis in that technical analysis is applied only to the price action of the market, ignoring fundamental factors. As fundamental data can often provide only a long-term or "delayed" forecast of market price movements, technical analysis has become the primary tool with which to successfully trade shorter-term price movements, and to set stop loss and profit targets. Technical analysis consists primarily of a variety of technical studies, each of which can be interpreted to generate buy and sell decisions or to predict market direction.

Support and Resistance Levels

One use of technical analysis, apart from technical studies, is in deriving "support" and "resistance" levels. The concept here is that the market will tend to trade above its support levels and trade below its resistance levels. If a support or resistance level is broken, the market is then expected to follow through in that direction. These levels are determined by analyzing the chart and assessing where the market has encountered unbroken support or resistance in the past.

Popular Technical Analysis Tools

Moving Averages (MA): Indicators used to smooth price fluctuations and identify trends. The most basic type of moving average, the simple moving average, is the average of the past x bars ending with the current bar;

Moving Average Convergence Divergence (MACD): Indicator that utilizes moving averages to identify possible trends and an oscillator to determine when a trend is overbought or oversold;

Bollinger Bands: Bands that are placed x moving average standard deviations above and below a simple MA line;

Fibonacci Retracement Levels: Indicator used to identify potential levels of support and resistance;

Directional Movement Index (DMI): A positive line (+DI) measuring buying and a negative line (-DI) measuring selling pressure;

Relative Strength Index (RSI): Momentum oscillator that is plotted on a vertical scale from 0 to 100;

Stochastics: Momentum oscillator that measure momentum by comparing the recent close to the absolute price range (high of the range minus the low of the range) over a period of x bars;

Trendlines: Straight line on a chart that connects consecutive tops or consecutive bottoms of prices and is utilized to identify levels of support and resistance. Stay updated and have a nice day.

10 Basic To Start With Advice For The Year

1. ON EARNINGS:

Never depend on single income. Make investment to create multiple income sources.

2. ON SPENDING:

If you buy things you do not need, soon you will have to sell things you need.

3. ON SAVINGS:

Do not save what is left after spending, but spend what is left after saving.

4. ON TAKING RISKS:

Never test the depth of a river with both feet.

5. ON INVESTMENTS:

Do not put all your eggs in one basket, Diversify your investments.

6. ON EXPECTATIONS:

Honesty is a very expensive gift. Do not expect it from cheap people or those without proof of having succeeded.Also never feel too expectant from anyone so you wont always be disappointed!

7. Past is a waste paper, present is a newspaper, and future is a question paper. Come out of your past, control the present, and secure the future.

8. When bad things happen in your life, you have three choices. You can let it define you, let it destroy you or you can let it strengthen you, choose the latest, become stronger.

9. Our eyes are in the front because it is more important to look ahead than to look backwards.

10. We use pencil while we were young, but now we use pen at the older age. Because mistakes in childhood can easily be erased, unlike now, our decisions cost us more. 

Make wise decisions and choices.  All the very best for the forth coming year. Wishing you a prosperous Year. Have a good one.