Never Pay Taxes on Your Profits

cryptocurrency and taxesOkay, so this might be a little “controversial”.

No one likes to pay taxes. I know I sure don’t.

But working online has a few benefits that you may not be completely aware of. One of them being tax evasion.

Today’s technological advancements haven’t been just limited to software and hardware. They have actually gone as far as changing the entire monetary system as a whole.

Have you heard of Cryptocurrencies yet?

If not, then you need to start doing some of your own research. And I suggest you start here www.onecoinreview.us

See, cryptocurrencies allow people to make transactions without ever needing to use a bank or any other financial institution in order to complete the transaction.

AND there is NO government intervention. There is no government involvement at all.

Talk about disrupting the world’s largest bank and governments!

Cryptocurrencies are actually just zeros and ones. They are completely digital and their value depends upon what the market as a whole feels they should be valued at.

That means it’s impossible to manipulate them like governments and banks do everyday.

But because they are digital and impossible to trace, you can be payed and spend digital currency without your home government ever knowing you were the owner of these assets!

That means you do not need to pay taxes! How cool is that?

If this is all new to you, you really need to start learning about cryptocurrencies and their power to disrupt the entire world’s economic system.

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How Obama’s New Bill Is Helping Change One Fashion Industry Start Up

StyleWe is a fshion portable with dresses and apparal from a variety of designers.

Very soon people, and we mean anyone, are going to be able to start both investing and secure investing in pretty much any small business without the headaches of the “big boys” typical Acredited Investor where you need a net worth of a million dollars.

“This is fantastic news,” says Silvia Brown, owner of Stylewe.com. “We have wanted to expand but the regulations that are put on investors has been a problem, because the only avenue we had was to go through typical Venture Capitalists. But we are still too small for most of them.”

Mrs. Brown runs Stylewe.com, a fashion and design website that sells the latest in woman’s apparel. When she started the website, her main focus was to allow other designers to also get their fashion seen and hopefully sold. “Go for your passion – sell your unique dress” is the tagline she went with.

“Allowing many designers access to a sales portal is what helped our company grow stylewe designersso quickly. It’s been a win-win for not only me and the designers, but the customer as well as they get a taste of so many different styles and concepts.

Currently the fashion industry is worth a whopping $1.2 trillion dollars. That’s a lot of money, and new start ups are stepping in to get their piece of the action.

With President Obama’s four year old bill that allows small investors to finally invest directly into any start up without all the normal regulatory hassles that normally come with such investments, we only see small companies like Silvia’s growing quickly.

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10 Advantages of Starting an Online Business

business

 

In this article, I will share with you 10 advantages of starting an online business.

1. Low start-up cost. The cost to start an Internet Business is much lower when compared to starting a brick-and-mortar business.

2. High profit margins. When the product is a digital product which is entirely created by you, for e.g. an e-book written by you, then you will have 100% profit from the sale.

3. Work when you want. You can choose to work at night or in the day.

4. Wake up when you want. You will have the flexibility to plan your working schedule.

5. Flexible working environment. You can work at home, in a café, or in your office.

6. Beginners can do it. Do your research on the Internet, and try out the different model of existing online business model.

7. Operate 24/7. Your website will operate 24 hours a day, 7 days a week, earning money even while you are sleeping.

8. Market not bound by geographical location. Internet has no geographical boundary limits, therefore your customers come from everywhere in the world.

9. Not bound by who you are. Nobody will care about your age, your race, your nationality.

10. Experience and learn business skills such as accounting, negotiating, business system developing, etc.

Student Judy Cole explains how she began a small internet website while she was a student at West Campus Austin and living in a small student housing apartment. “Since I was studying and doing some library work to help pay for college, I didn’t have a lot of time to pursue other endeavors. I started the website while I sat bored in the library waiting for students to check out books.

So I was only able to work an hour here or there. But after a few months, I was making more money with my “side project” as a student than with anything else I was doing. I quite the library and devoted myself full time. Now the site makes over five thousand dollars a month.”

So do not hesitate anymore. Start your online business journey now.  It’s way easier than you think.  All you need is a little belief in yourself, some determination and an idea.  Only YOU can change your life!

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Staying Focused

focus

 

Many people dream of doing things, but they don’t often realize them. If you’re like most people, you get easily distracted and don’t always follow through. It’s not that you don’t have the ability or intelligence to realize your dreams, you may simply underestimate the power you exert over your attitude and the direction of your life. You may not know you have a wealth of choices. You have good reason to believe in yourself.

You may think about buying that new power tool, about how much your car could benefit from a good weekend tune up in your back yard. You might think of saving up for a house or vacation, of making a concerted effort to lose that extra weight, or to take steps to change your work schedule and relax more. You may tell yourself you should devote more time to deepen your personal relationships. So, what holds you back? Is it other people? Is it your inner voice or other things? Consider these five tips to reorganize your life:

1. Make a List – what do you wish to do and why? Some people use an agenda to remind themselves of appointments. You can also use a calendar to organize projects. Marathon trainers set daily goals. You can set your own daily goals and encourage yourself as you achieve them. Forgetfulness will no longer be a valid excuse. Writing reinforces ideas and jogs the memory!

2. Talk about your plans – not everyone will agree with your plans. Some people may try to talk you out of them. Listen to opinions yet, believe in yourself. The more you talk, the more real goals will seem and the more likely the vision will grow. The more you speak about plans, the less likely you are to procrastinate.

 

 Here’s a great Zig Ziggler video.  Someone to REALLY listen to!

3. Identify your timeline (i.e., for the next 3 months) – breaking big dreams down into incremental goals is what makes them less scary and more achievable. Until you do this, you may not know yourself what time commitment is required and what sorts of input and effort are needed to move ahead. Gaining a better idea of what is involved enables you to estimate how long it will take. This will enable you to realize your goals faster.

4. Re-define Priorities – as you expand on what is most important to you to achieve in the short-term, this may require you to cut back on activities which are less important. Each of us has 24 hours per day. You benefit from considering the time you wish to allocate for adequate rest, exercise, spiritual or other pursuits. Any current activities which would prevent you from reaching your new goals would be best abandoned. For example, if you wish to train for a sports event, then the nightly television may no longer be a priority. If you wish to lose weight, then continuing to eat large, unhealthy snacks will not help you move ahead.

5. Seek advice from people who have succeeded – no matter what your personal, professional, spiritual or other dreams, its useful to learn from people who have already experienced what you hope to experience. You can read books about their life stories. You can attend public conferences or contact them directly. Developing your own motivation and concentration will be easier with mentors.

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Making Money with Google Adsense

adsense

 

If used properly, it can generate a very large and healthy income for you. However if you are not using it correctly and just maximizing the income you squeeze from it, you are actually leaving a lot of money on the table, something all people hate doing. How you can start earning money with Adsense can be done quickly and easily. You will be amazed at the results you get in such a short period of time.

Start by writing some quality content articles which are also keyword optimized. There are a lot of people given the gift of being good with words, writing comes easy for them. Why not make it work in such a way that you will be earning some extra cash in the process.

There are actually three steps to keep in mind before you begin writing your ads and having an effective Adsense.

Keyword search. Find some popular subjects, keywords or phrase. Select the ones which you think has more people clicking through. This is actually a keyword selector and suggestion tool that some sites are offering to those who are just their Adsense business.

Bottom-line is this. You need targeted traffic. So here are some tips on how you can generate exactly the traffic you need and bring the visitors you want to your website without having to chase after them.

Writing articles. Start writing original content with keywords from the topics that you have achieved in your search. Take note that search engines are taking pride in the quality of their articles and what you will be writing should keep up with their demands.

Quality content site. Build a quality content site incorporated with Adsense ads that is targeting the subject and keywords of your articles and websites. This is where all that you’ve done initially will go to and this is also where they will prove their worth to you.

The proper positioning of your ads should be done with care. Try to position your ads where surfers are most likely to click on them. According to research, the one place that surfers look first when they visit a certain site is the top left. The reason behind this is not known. Maybe it is because some of the most useful search engine results are at the top of all other rankings. So visitors tend to look in that same place when browsing through other sites.

Some of those who are just starting at this business may think they are doing pretty well already and thinking that their click-through rates and CPM figures are quite healthy. However, there are more techniques and styles to generate more clicks to double your earnings. By knowing these techniques and working them to your advantage, you will realize that you will be getting three times more than other people who have been previously doing what they are doing.

Finally, Adsense has some excellent tracking statistics that allow webmasters and publishers to track their results across a number of sites on a site by site, page by page, or any other basis you wanted. You should be aware of this capability and make the most of it because it is one powerful tool that will help you find out which ads are performing best. This way, you can fine tune your Adsense ads and focus more on the ones being visited the most rather than those that are being ignored.

Another thing you should know. Banners and skyscrapers are dead. Ask the experts. Surfers universally ignore these kinds of ad formats. The reason behind this is that they are recognized as an advert and adverts are rarely of any interest that’s why people ignore them.

To really start making money with Adsense, you should have a definite focus on what you want to achieve and how you will go about achieving this. As with any other kind of business venture, time is needed coupled with patience.

Do not just ignore your site and your Adsense once you have finished accomplishing them. Spare some time, even an hour, making adjustments to the Adsense ads on your sites to quickly trigger your Adsense income.

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Developing Systems for your Business

building systems in your business

 

A successful business can not be run without having it’s own systems and processes. You cannot possibly be there in your office 24/7 picking up calls from customers, doing sales everyday by yourself, and at the same time, doing all the administrative stuffs too. If this is the case, you are not a business owner, you are a self-employed.

I know for a startup company, it is wise to handle most of the operations in your business by yourself. But, when your business starts to grow and mature, it is time to develop systems that you can hand over to employees of your company to handle them.

Let’s take handling customer calls for example. You can develop a list of standard questions and answers for every call. To do this, you will need to be picking up the calls yourself first, and then developing the list out from your experience. Once you are confident that when you hand over the list to another person and he/she can produce the same results as you, then you have developed a system.

Let me share with you 2 ways that work should be done in your business:

1. If it is an activity that’s ongoing, or is something that is done more than once, you should develop a systemized way of doing it in your business.  The more you can systemitize something, the more you’re able to cut costs and create faster.

2. If it’s temporary, goal directed, has a beginning and an end, then it should be managed as a project. But understand, good project managers are hard to find.  Once you have one, hold on to them any way you can.

Once you have developed systems in your business, you can then concentrate on other areas to grow your business like marketing, product creation and maybe even employing a complete sales force.

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The Importance of Building Rapport

building rapport

 

There is a saying “It is not how much knowledge you know, it is the people that you know that will help you to succeed.” I agreed that knowledge is essential, but knowing the right people and developing good rapport with them is the key to success.

You will not be able to know everything is this world. There will come a time when you need to seek help from people who know better than you at a certain thing. Let me ask you, if you are not in a good term with someone that you wish to seek help from, do you think that person will help you? I personally do not think so.

In the business world, you will need to develop rapport with people. When you develop rapport with someone, he or she will feel that you are connected with him or her. Once both of you are connected, negotiation will be more easy. The quote by Abraham Lincoln basically sums this up “If you would win a man to your cause, first convince him that you are his sincere friend.”

Building rapport with people will not only benefit you in the business world. It will serve you good in other aspect of your life as well. Just imagine that you can build a good rapport with the girl of your dream, anytime, anywhere. It will definitely increase your chance of succeeding at wooing her right?

One of the techniques to build rapport is to get into the world of the other person. Mirror their action, mirror the way they speak. Try these out, and you will find that you will be communicating better with other people, and thus building strong rapport with anyone that you meet in the future.

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6 Ways to Create Multiple Streams of Income

income streams

 

To achieve financial freedom, one cannot only depend on the earned income from his/her day job. One needs to create multiple streams of income, by tapping into the different channels of opportunities.

Let me share with you 6 main types of income streams that you can do in your spare time and from home:

1. Write your own books; create your own audio cds, e-books, video etc. Then earn royalties and fees from licensing or selling your intellectual products. Or “partner up” with an author and record their book for them and get royalties from that.

2. Conduct seminars and workshops so as to magnify your value by reaching to more people at one time. In this way, the money that you will earn from each workshop or seminar will not be fixed; it will all depend on how many people you are willing to reach. This should grow over time. Be sure to get people’s contact information so you can invite them back.

3. Start your own business. Earn dividends as an investor or directors of a business, earn salary as a CEO, and earn through royalties from the brand of a business.

Yes, this is something that WILL take time, but it’s worth it. Especially if it’s something you love doing! You can fund your new start up with your own money, or even look to investors or try a Kick Starter campaign.

4. Earn commissions from sales, or referrals. For e.g. through online affiliate programs, through downlines, Google Adsense, etc.

5. Earn through investment in real estate by collecting passive income from rental fees

6. Earn through investment in paper assets such as stocks, mutual funds, bonds, etc.

Numbers 5 & 6 do take initial investment. And to be successful takes time and a knowledge of markets, so resort to these options ONLY if you have a large appetite for risk.

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8 Strategies to Manage Your Personal Finance

personal finance
 

Managing personal finance is a very important skill that everyone must master. But sad to say, our schools do not teach this important skill.

Let me share with you my 2 cents worth of insights about managing your personal finance.

1. Always buy your stuffs at a discount. Some people think that buying at a discount is being cheap, but I think only fools will not take advantage of this chance to save some money.

2. Always ask for a receipt. Review all your receipts at the end of the day so that you can track your expenses of the day.

3. Record your daily or monthly expenses. Do some simple bookkeeping so that you can understand your spending habits.

4. Pay yourself first. EARN, then you SAVE, before you SPEND it. Usually people adopt this system of EARN – SPEND – SAVE, rather than EARN – SAVE – SPEND.

5. Cut off all credit cards but one. You do not need so many credit cards. Kill off the temptation.

6. Use a credit card whenever you can, but you MUST be able to PAY OFF the FULL BALANCE every month. Credit card company will send you your spending statement every month, which can serve as a reference for you.

7. Do your monthly income statements checking. It is essential to know every single detail of your income statements.

8. Before you decide to buy anything, stop and procrastinate. Usually if you tell yourself to buy the stuff later, you will not buy it.

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Taking on the Challenges in Life

life challenges

 

Along one’s life journey, there will definitely be ups and downs. There will be storms and difficult times. Have you wondered why this is so?

Basically, there are 5 reasons, which are:

1. To develop your character. When you are facing the most challenging time in your life, it is usually the best time to see your character. Do you give up easily? Or do you continue to bite your teeth and fight on like a warrior?

2. To test your faith. Usually prior to your success, you will face a lot of setbacks, and will start to lose confidence and faith. During this difficult time, it is the best time to test your faith, whether you believe that your success will be a reality in the near future.

3. To learn new things. Every setback results from a cause, and this is the best time to learn from your mistakes, correct them, and not to make the same mistakes again in the future.

4. To strengthen yourself. There is a quote which says “Things that do not kill you will only make you stronger”. After every setback, bounce back and be stronger.

5. To get out of comfort zone. Sometimes, when you are too comfortable in your work or journey to success, you will not improve, and tend to become complacent. Setbacks will only wake you up, and urge you to become hungrier for success.

Just remember, success is usually 1 step away. Work hard towards your goal now.

Or regret not even trying for the rest of your life.

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