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Advice from young entrepreneurs, from successful millionaires
You've got to be passionate about what you are doing. I think people that look for great ideas to make money aren't nearly as successful as those who say, 'Okay, what do I really love to do? What am I excited about?' " Michael Dell, Founder and CEO, Dell Computers
"Stop just thinking about it, and make it happen. When you’re young is the best time to start your own business, as you do not have the responsibilities you will have when you're older. The worst that can happen if you fail now is that you have firsthand experience to make your next venture a success." Catherine Cook ,Founder, myyearbook.com
"It is never too early to start. I started when I was 14. There was a lot of great information on the Internet. Just do the research and find a way to do what you want to do." Sean Belnick ,Founder, BizChair.com
"Understand the power of selling, not just things, but yourself and your ideas. Study business. Study those who have come before you, and find people with the same dreams and aspirations as you." Jermaine Griggs,Founder, Hear and Play Music Group
"People who say it takes money to make money are using the worst excuse ever. . . Create massive value for others by providing a solution where no other exists." Matt Mickiewicz ,Founder, Sitepoint, 99designs and Flippa
Find a solid support team who believe in your idea. "If someone starts to doubt your company and what you’re doing, you need to get rid of them." Juliette Brindak ,Cofounder/CEO, MissOandFriends.com
"Education helped polish the inherent entrepreneurs within us. Always be on the lookout for new venture opportunities from the voids and challenges you experience in your life. Success is finding solutions in challenges that help others; money is secondary." David Hauser & Siamak Taghaddos ,Co-founders / CEOs Grasshopper Group
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"The main reason people struggle financially is because they have spent years in school but learned nothing about money. The result is that people learn to work for money... but never learn to have money work for them."
This bold statement on the back cover of Rich Dad Poor Dad was very intriguing. I had heard a lot about Robert Kiyosaki's bestselling book, which promised to reveal what rich people taught their children about money that poor and middle-class people did not. I was eager to find out if the publicity hype surrounding it was warranted, so it was one of the first books that I read in my search for ways to become financially successful
I have spoken to hundreds of persons who are, just like I was many years ago, financially distressed and desperate for solutions to their money problems. Unfortunately, too many of them are looking for quick fixes to their financial woes. The question often asked is, "How can I make some more money fast?"
When I inform advice seekers that the most effective way of curing what ails them financially is to educate themselves about money and apply the lessons they learn, sometimes they fail to see how this will help them to address their immediate concerns. They don't realise the tremendous value that will return to them if they invest a little time and money in their own financial training.
It's what you know, not what you earn
Kiyosaki helped me to understand why many people are not able to get ahead financially, thinking that having more money will solve their problems. "Few realise," he explained, "that it's their lack of financial education that is the problem." Kiyosaki pointed out that "one of the reasons that the rich get richer, the poor get poorer, and the middle class struggles in debt, is because the subject of money is taught at home, not in school."
Parents who know nothing about money can only pass on their bad financial habits and poor money mindsets to their children. Our school system concentrates on teaching students how to work for money, but not how to make money work for them. Struggling with money is a way of life for even highly educated professionals, because they have never learned the basic financial skills that are necessary for success.
As a child, Kiyosaki was searching for the secrets of financial success and was lucky to be mentored by his best friend's father. Most wealthy people, he discovered, taught their children important lessons about money that help them to carry on their fortunes. In Rich Dad Poor Dad, he shared many of those principles and introduced ground-breaking ideas that gave me a completely new outlook on money.
Kiyosaki's father, the 'poor dad', had a Ph.D., while his mentor, his 'rich dad', had not even finished eighth grade. Over the years, he observed their opposing viewpoints about money and eventually saw how their thoughts impacted their financial status in different ways.
Financial education is priceless
'Poor dad' said that money didn't matter and encouraged him to "study hard so you can find a good company to work for." On the other hand, 'rich dad' declared that money was power and inspired him to "study hard so you can find a good company to buy." Kiyosaki realised that his poor dad suffered financially "not because of the amount of money he earned, which was significant, but because of his thoughts and actions."
Lesson number one that Kiyosaki revealed was that the poor and middle class work for money, while the rich have money work for them. 'Rich dad' taught him that most people are motivated to work hard as employees because there are afraid of not having any money. Then when they get paid, greed pushes them to buy more and more things with it.
This fear and greed combination, he explained, is what traps most people in a 'rat race' where they "get up, go to work, pay bills" in an endless cycle. 'Rich dad' showed him that if he stopped working just for a wage and instead worked to learn, his brain would uncover many methods of earning money on his own. "The moment you see one opportunity, you will see them for the rest of your life."
I acquired many priceless insights from Kiyosaki's stories about his two dads, and was inspired by his powerful declaration, "Money comes and goes, but if you have the education about how money works, you gain power over it and can begin building wealth." I resolved after reading this book to make it my business to learn as much as possible about money.
Next week, we will look at some more important lessons from Kiyosaki's Rich Dad Poor Dad.
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(c) Cherryl Hanson Simpson
Cherryl is a financial consultant and money coach, and founder of Financially S.M.A.R.T. Services. She is currently writing her first book "The 3 Ms of Money." See more of her work at www.financiallysmartadvice.com
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Becoming financially successful involves more than just doing the right things with the money you currently earn. For many persons, the salary they receive from their regular jobs can just barely cover their basic necessities. The reality is that if you want to achieve a healthy financial status, you need to focus on earning extra income.
This realisation came home to me several years ago as I struggled to turn around my finances from a negative position to a positive one. After recognising the importance of budgeting, saving, managing debt and setting goals, it became quite obvious that I needed to make more money in order to accomplish these basic money management strategies.
It would be impossible for me to meet all my bills, save for an emergency fund, pay off my debts, and put aside money for future goals without another source of income. However, figuring out how to create more money was a challenge. I had a full-time job and family responsibilities, so my free time was limited. I also had no idea of what else I could do to increase my income.
found the answer to this financial dilemma as I continued to uncover the wealth of information about money that was contained in books and CDs. As I read and listened to the stories of persons who had built big bank balances, I realised that most of them had one thing in common - they had found success in selling products or services.
The Secret of Selling
Many of these affluent people had initially sacrificed their leisure time, spending numerous hours crafting their skills or developing their ideas into viable products and services. By strategically and enthusiastically marketing their offerings to the public they were able to create a consistent flow of income and eventually created long-lasting wealth.
My research indicated that persons and businesses that excel at selling make the most money. No successful corporation can exist without sales; no money can realistically, honestly and sustainably be created without the exchange of products and services that are demanded by consumers.
Therefore, if I wanted to become an income creator, I needed to think, act and perform just like a profitable business. I had to learn the secret of successful selling.
For many people, the thought of selling conjures up images of annoying insurance agents or unwelcome travelling merchants who push offerings that no one really wants. Selling could mean exposing yourself to rejection from persons who would hurtfully decline your requests, or worse, ignore your feeble attempts at getting them to pay attention to you.
This underlying impression of sales causes many people to avoid the prospect of selling anything to anybody like the plague. Unfortunately, it is also the fundamental reason they are unable to earn the extra income that they require. Unless you learn how to sell something, you will find it very difficult to become truly financially successful.
From Failure to Success in Selling
One essential resource that has been described by best-selling author and sales coach, Dale Carnegie, as “the most helpful and inspiring book in salesmanship that I have ever read,” is How I Raised Myself from Failure to Success in Selling by Frank Bettger. This book is a must-read item if you want to discover the secret of selling.
Whether you wish to develop a career in sales or you just need to find out how to create some extra income part-time, Bettger’s timeless masterpiece will help you to get the right framework for selling success. In simple language and with relevant stories, he describes how he changed from failing in retailing to becoming a sensational sales superstar.
Bettger goes through the process of how he discovered the principles that helped him to exponentially multiply his income, and how you can replicate his success. The first key, he reveals, is to act enthusiastically about whatever you are selling. When salespeople have enthusiasm, “they get customers excited, and we get business.”
One of the challenges that hinders people from selling effectively is their fear of approaching people. If you have this problem, Bettger advises you to join a public speaking course where you’re required to speak at every meeting. “When you lose your fear of speaking to an audience,” he confirms, “you lose your fear of talking to individuals, no matter how big and important they are.”
Another principle that’s vital for success in sales and life is efficiency in carrying out multiple tasks. Bettger recommends that you should set aside a fixed time each week to organise the things you have to accomplish in their order of importance. “The whole secret of freedom from anxiety over not having enough time lies not in working more hours, but in the proper planning of hours.”
Bettger outlines in great detail everything he did to make a fortune from selling. His book inspired me to focus more on sales as a route to financial prosperity, and can help you to learn essential strategies to increase your income.
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(c) Cherryl Hanson Simpson
Cherryl is a financial consultant and money coach, and founder of Financially S.M.A.R.T. Services. She is currently writing her first book "The 3 Ms of Money." See more of her work at www.financiallysmartadvice.com
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As we continue to highlight practical options of generating income to make ends meet or save towards future goals, today we will look at some of the ways to earn from providing personal services. Depending on your background or natural talents, you may find one of the following opportunities ideal for you:
Self-defence Training
In today’s society, there is a high level of anxiety caused by crime and violence and the perception that personal security is at risk. While others focus on worrying about the problems that exist, true entrepreneurs pay attention to the opportunities that they present. One possibility for income earning is teaching others how to defend themselves in the event of an attack. If you have training in the security field or excelled at a self-defence course, you could provide this worthwhile service to help persons overcome their fears.
Weight-loss Coaching
For many persons, the battle of the bulge feels like a never-ending war. Unfortunately, it often takes more than just personal desire to succeed at eating properly and exercising consistently. If you are lucky enough to be a self-motivated fitness buff, why not provide a service to encourage others who may find it challenging to achieve a healthy lifestyle? You could be an accountability partner who accompanies them to the gym and helps to monitor their diets. The great thing about this opportunity is that you would earn while doing something you normally do anyway!
Life/Personal Coaching
In this age of Oprah, people are more conscious of their personal shortcomings and are constantly seeking ways to improve themselves and experience more fulfilling lives. This self-awareness has led to the growth of the life or personal coaching industry. Life coaching can help persons to improve their careers and relationships, deal with stress and overcome time challenges. If friends are always asking you for advice and you have a desire to help people to reach their full potential, then this sideline could be ideal for you. Search online for details on becoming a life coach.
Chauffeur/Errand Service
The ability to move around easily to accomplish basic chores is something that many of us take for granted. However, there are several elderly and incapacitated persons who don’t enjoy this flexibility. If you have a patient and caring personality along with careful driving habits, you could offer a chauffeur service to meet this growing need. You could take your customers to their desired locations, or carry out their errands such as supermarket shopping or bill payments for them. If you have a valid driver’s license but don’t own a car, then simply look out for clients who do.
Personal Organising
If you have a passion for keeping things neat and orderly, and you instinctively straighten items in the homes and offices of your friends and colleagues, then you could make money from this talent. Many people are now realising that disorganised personal spaces can negatively impact their efficiency and productivity. You can gain a satisfying income by helping customers to de-clutter closets and rooms, create space plans for small areas, design custom storage units, develop filing systems and eliminate waste.
Clothes Care
Isn’t it wonderful when we discover someone who loves to do things that we absolutely hate? Doing the laundry would probably rank high among the list of necessities that most people dislike intensely, yet there are some persons who find this task relaxing. If you consider pressing a perfect pants pleat to be a pleasurable pastime, you may be well suited to launder clothes for extra income. Some persons are reluctant to have strangers working in their home, so providing a service where you take away dirty clothes and bring them back clean might be an irresistible offer.
Beauty Care
Even in a cash-strapped economy, people will always have the need to look and feel beautiful. The challenge with many businesses in the beauty industry is that service prices usually reflect the inevitably high overhead costs. If you’re thinking of earning money part-time in the beauty business, you can have the advantage of providing great care at lower costs. Hair styling, nail care, spa treatments such as facials and waxing, as well as make-up sessions for special occasions, are all practical services that you can offer for less, right in your customers’ homes.
Therapeutic Massages
If you love helping people to feel better physically, then another opportunity for extra earning is the provision of therapeutic massages from your home or as a travelling service. Whether your clients have health concerns such as muscle injuries, or just need to de-stress after a hard day’s work, this option has tremendous potential to bring supplemental income. There are several places available locally where you can get training on therapeutic massage techniques, or look online for instructional videos.
The key to making money in personal services is to search for people’s unmet needs or urgent problems and figure out ways to resolve them within your natural capabilities. Next week we continue to reveal more exciting ways to earn more.
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(c) Cherryl Hanson Simpson
Cherryl is a financial consultant and money coach, and founder of Financially S.M.A.R.T. Services. She is currently writing her first book "The 3 Ms of Money." See more of her work at www.financiallysmartadvice.com
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The telephone is an indispensable tool in today’s fast-paced society. With the rapid development of telephone technology over the past 15 years, this instrument has moved from being an under-utilised home device to an essential communication hub for many people. The booming telecommunications industry in Jamaica suggests that we have an almost insatiable need to talk!
While some persons may spend entirely too much money paying for idle chatter, the telephone can actually be turned into a profit-making machine. If you are searching for opportunities to earn extra income, you may find these suggestions useful:
Virtual Secretary
Providing services for small business owners is one of the ways to earn sustainable part-time profits, as most entrepreneurs do not have the resources to hire several staff members to cover different job functions. If you possess a pleasant telephone voice, you could offer a secretarial service where you make appointments, follow up on calls and perform other telephone-related tasks for a virtual boss who is not in the same location as you are. If you are organised and efficient, you could easily manage four or five clients per day.
Sales Calls
There are several tasks that can be accomplished with a telephone, and selling products is one such option. You could work in tandem with businesses to market their products and services to prospective customers on a commission basis. You will need to have strong sales skills to be successful with this opportunity. Another option is to provide an order-taking service, where your clients’ customers can phone in their sales requests directly to you.
Answering Service
Many small business operators are frequently out of office, or they may not even have a physical workspace. Dealing with incoming calls can often be challenging for them, so you could offer an answering service to meet their needs. You could either use your own phone number, have your clients’ phones forwarded to your phone, or have dedicated phone lines for different clients. With the proper structure, this could even become a rewarding full-time business!
Reminder Service
Another possible part-time earning option is supplying a telephone service to certain businesses that need to keep in contact with their existing customer base. Very often, business owners lose potential sales by not informing their past patrons about current offerings. Other businesses, such as garages and medical practitioners, can benefit from using a reminder service to prompt more consistent business from repeat clients.
Debt Collections
One unfortunate challenge from the current tight economy is that several businesses are facing large receivables and huge bad debt portfolios. If you have a stern and intimidating voice and don’t mind asking people for money, you could provide a debt collection service for businesses. With a persistent and disciplined approach, you could earn a percentage of outstanding debts that you help to clear up, or receive a set fee for simply making calls to remind customers of their balances.
Surveys
In this competitive business environment, companies need to be customer-focused by constantly looking for ways to address their needs. One method of gathering information to support new products or services, and gauging customer satisfaction, is by conducting surveys. How about designing a service to carry out telephone surveys for businesses and institutions? You could also help them to create relevant questions and analyse market responses.
Counselling Service
It seems that more people are suffering from depression as we become more disconnected and impersonal in our everyday relationships. Many persons yearn to talk to someone who can understand their needs and help them to address their personal issues. If you are a trained counsellor, you could reach more clients by providing a telephone support service, especially late at nights or on weekends.
Technical Assistance
Another way to use the telephone to advise people is by creating a hot line to provide technical assistance in your area of expertise. You could receive retainers to help clients with accounting issues, legal advice or management decisions. With the assistance of the internet, you could offer a remote service to troubleshoot computer problems, or teach clients how to use basic programmes and systems.
Phone Credit Sales
Prepaid phone credit is big business, with billions of dollars being spent annually on airtime. You can take advantage of our need to keep in constant communication by selling phone credit via your own mobile phone. Technology has spawned the development of transaction portals that can allow you to electronically top up your customers without the hassle of dealing with physical phone cards. One such service provider can be found at Coolbizja.com.
As you continue your search for practical and viable ways to increase your income, remember that earning opportunities can sometimes be found right at your fingertips!
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(c) Cherryl Hanson Simpson
Cherryl is a financial consultant and money coach, and founder of Financially S.M.A.R.T. Services. She is currently writing her first book "The 3 Ms of Money." See more of her work at www.financiallysmartadvice.com
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It could be easily argued that Jamaica is a nation of traders. Whether it’s a classy uptown establishment or itinerant downtown vendor, in virtually every nook and cranny you can find persons buying and selling all types of merchandise.
When faced with job loss or the need to supplement their income, many people immediately think of retail trading. If you’re looking for some ideas to make extra money, think first of consumer needs that are currently unmet in your area — what goods do people want to buy which are not in adequate supply? Expand your horizon and examine new marketplaces for innovative commodities and methods of selling products.
Here are some options for earning additional income from trading:
Garage Sales
Many of us have accumulated too many household items, clothes and other belongings that are just taking up valuable space. Having a garage sale can be a profitable way to dispose of usable goods that you don’t want anymore. Look for more products by visiting your neighbours and offering to market their sale-worthy possessions for a small charge. You can also visit other persons’ yard sales to find inexpensive treasures that can be resold for more money.
Auctions
If you have a knack for discovering antiques and collectible items, you can search the classified advertisements for auctions or estate sales to find great deals. Another way to locate discount price products is through business fire-sales or company liquidations. Make sure to consider the likely resale value for the items you wish to buy, so that you don’t overbid on them. You can actually establish a full-time business from reselling valuable merchandise that you obtained at bargain rates.
Vinyl Record Trading
One particular niche area that has tremendous profit potential is the market for old vinyl records. Despite developments in the digital capturing of music, aficionados and collectors will pay top dollar for vintage quality vinyl records. In particularly high demand are local reggae and rock steady records from the 1950-60s, the golden era of Jamaican music. You will need some knowledge of overseas buyers and relevant re-sales prices, so search online for more details.
Trading on Alibaba.com
If you are searching for a brand new product to unleash on the Jamaican market, you should take a look at the world’s largest online source for suppliers of products, Alibaba.com. This Chinese-based site connects buyers with suppliers from India, Taiwan, and Brazil in addition to China. If you can dream up a product to solve a problem, it probably already exists on Alibaba.com. Do your homework on the listed suppliers to avoid possible scams; ask for references, check the forums for complaints, and liaise with other buyers to understand the rules of the Alibaba trading game.
Trading on eBay.com
While Alibaba.com caters to the wholesale distribution of new merchandise, you can trade in smaller product quantities as well as used items on eBay.com. Surf the millions of products to find items that you can resell in Jamaica, or check for opportunities to sell local products that may be in demand. Ensure that you determine export requirements before trying to sell items on eBay. It’s best to read a comprehensive online tutorial on eBay trading before committing any funds to this option.
Drop shipping
If upfront capital to invest in online trading is a problem, you can consider becoming a middle man for wholesalers and end users by using a technique called drop shipping. With a physical catalogue or website, you can sell products that you don’t have in inventory and ship orders direct from the wholesalers whenever they are placed. In fact, it’s possible to order items in bulk on Alibaba.com, pay a deposit, and then re-sell these same products on eBay.com at a higher price, without ever having to keep anything in stock.
Referral Marketing
Even if you have no product to offer, or you’re more interested in buying other people’s wares than reselling them, it may still be possible to make money from trading. How about convincing your favourite stores to offer you a commission on the purchases of new customers that you recommend to their establishment? Word-of-mouth marketing can be a cost-effective medium for small businesses to drive sales, and you can increase your earnings by becoming a referral agent.
Affiliate Marketing
With a little internet know-how and your own website, you can take the referral concept to a high-tech level by becoming an affiliate marketer. Affiliate marketing is an online promotion medium in which a business allows individuals to become independent affiliates. The company will pay the affiliate for each sale achieved on its website by the affiliate’s marketing efforts. Some options include the mega online mall Amazon.com and Clickbank.com for digital products. Look for products that you use and like so that you can recommend them highly to others.
If you’re excited by the possibility of buying and selling your way into extra income, use your imagination and various online resources to find even more opportunities.
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(c) Cherryl Hanson Simpson
Cherryl is a financial consultant and money coach, and founder of Financially S.M.A.R.T. Services. She is currently writing her first book "The 3 Ms of Money." See more of her work at www.financiallysmartadvice.com
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It could be easily argued that Jamaica is a nation of traders. Whether it’s a classy uptown establishment or itinerant downtown vendor, in virtually every nook and cranny you can find persons buying and selling all types of merchandise.
When faced with job loss or the need to supplement their income, many people immediately think of retail trading. If you’re looking for some ideas to make extra money, think first of consumer needs that are currently unmet in your area — what goods do people want to buy which are not in adequate supply? Expand your horizon and examine new marketplaces for innovative commodities and methods of selling products.
Here are some options for earning additional income from trading:
Garage Sales
Many of us have accumulated too many household items, clothes and other belongings that are just taking up valuable space. Having a garage sale can be a profitable way to dispose of usable goods that you don’t want anymore. Look for more products by visiting your neighbours and offering to market their sale-worthy possessions for a small charge. You can also visit other persons’ yard sales to find inexpensive treasures that can be resold for more money.
Auctions
If you have a knack for discovering antiques and collectible items, you can search the classified advertisements for auctions or estate sales to find great deals. Another way to locate discount price products is through business fire-sales or company liquidations. Make sure to consider the likely resale value for the items you wish to buy, so that you don’t overbid on them. You can actually establish a full-time business from reselling valuable merchandise that you obtained at bargain rates.
Vinyl Record Trading
One particular niche area that has tremendous profit potential is the market for old vinyl records. Despite developments in the digital capturing of music, aficionados and collectors will pay top dollar for vintage quality vinyl records. In particularly high demand are local reggae and rock steady records from the 1950-60s, the golden era of Jamaican music. You will need some knowledge of overseas buyers and relevant re-sales prices, so search online for more details.
Trading on Alibaba.com
If you are searching for a brand new product to unleash on the Jamaican market, you should take a look at the world’s largest online source for suppliers of products, Alibaba.com. This Chinese-based site connects buyers with suppliers from India, Taiwan, and Brazil in addition to China. If you can dream up a product to solve a problem, it probably already exists on Alibaba.com. Do your homework on the listed suppliers to avoid possible scams; ask for references, check the forums for complaints, and liaise with other buyers to understand the rules of the Alibaba trading game.
Trading on eBay.com
While Alibaba.com caters to the wholesale distribution of new merchandise, you can trade in smaller product quantities as well as used items on eBay.com. Surf the millions of products to find items that you can resell in Jamaica, or check for opportunities to sell local products that may be in demand. Ensure that you determine export requirements before trying to sell items on eBay. It’s best to read a comprehensive online tutorial on eBay trading before committing any funds to this option.
Drop shipping
If upfront capital to invest in online trading is a problem, you can consider becoming a middle man for wholesalers and end users by using a technique called drop shipping. With a physical catalogue or website, you can sell products that you don’t have in inventory and ship orders direct from the wholesalers whenever they are placed. In fact, it’s possible to order items in bulk on Alibaba.com, pay a deposit, and then re-sell these same products on eBay.com at a higher price, without ever having to keep anything in stock.
Referral Marketing
Even if you have no product to offer, or you’re more interested in buying other people’s wares than reselling them, it may still be possible to make money from trading. How about convincing your favourite stores to offer you a commission on the purchases of new customers that you recommend to their establishment? Word-of-mouth marketing can be a cost-effective medium for small businesses to drive sales, and you can increase your earnings by becoming a referral agent.
Affiliate Marketing
With a little internet know-how and your own website, you can take the referral concept to a high-tech level by becoming an affiliate marketer. Affiliate marketing is an online promotion medium in which a business allows individuals to become independent affiliates. The company will pay the affiliate for each sale achieved on its website by the affiliate’s marketing efforts. Some options include the mega online mall Amazon.com and Clickbank.com for digital products. Look for products that you use and like so that you can recommend them highly to others.
If you’re excited by the possibility of buying and selling your way into extra income, use your imagination and various online resources to find even more opportunities.
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(c) Cherryl Hanson Simpson
Cherryl is a financial consultant and money coach, and founder of Financially S.M.A.R.T. Services. She is currently writing her first book "The 3 Ms of Money." See more of her work at www.financiallysmartadvice.com
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Keep in contact
Following up with customers is a great way to increase sale. Send an email with a "thank you" note include an advertisement for other products you sell
Affiliate program
Setting up an affiliate program with your present customers, will allow them to earn commisson if they help you to sell your product. Giving customers the option of joining an affiliate program will multiply the sale you just made.
Cross promote
Cross promote your product with other businesses' products in a package deal is a very good idea. Add your ad or flyer for other products you sell and have other businesses selling for you.
Gift certificates
If you offer gift certificates on your website, you can tremendously increase your sales. Sell gift certificates for your products you sell, this will attract them to buy more products from you.
Offer Free Products
Who does like free products, veryone does. Make sure the freebies have your ad printed on them, for example bumper stickers, ball caps, t-shirts. Customers will see your products and make orders.
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A newly "online business opportunity was recently launched in Jamaica. This concept is pretty much new to Jamaica, but it is becoming very catchy, it is called "Affiliate Marketing"
How do you make money?
You make money by :
You are paid $.02 US per activity
Free to join:http://www.jamaicaadvertisingadvantage.com/index.php?refer=profitsmade4u&tp=signup
Referral: profitsmade4u
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Getting involved with affiliate marketing can be one of the smartest decisions you’ll ever make, as long as you are realistic and you know what steps to take to earn a profit. Unfortunately, many people get involved with unrealistic expectations and soon become so disappointed by their earnings that they give up their dream of running their own business. If you have just gotten involved in the business, the following are some tips to help you become a top affiliate associate:
Choose Quality Products
As an affiliate associate, you need to make certain you choose products that sell, but most importantly, you need to make sure they are quality products. What many people do not realize is that there are several companies out there that offer affiliate programs and they do not have products that are made of quality material. While you may sell a lot of them, your profits are going to diminish from all of the returns. Not only that, inferior products can earn your own business a bad reputation.
Concentrate on One Strategy At a Time
When it comes to marketing, too many affiliates often find themselves flustered over the amount of work that needs to be done. The problem is often that they are not well educated in the techniques they are using. Instead of starting out by trying several techniques in your marketing strategy, concentrate on one strategy at a time. Once you become more well versed in this technique, it will take you less time and then you can concentrate on learning how to use another technique.
Get Your Website Ready
Last, but not least, as an affiliate associate, you should make certain that your website is fully prepared before you start sending traffic to it. Your site should be simple to navigate around. If it is not, you will lose a lot of potential sales. Your site should also be thorough. Visitors should be able to order easily and read the information you have provided to them.