Five Compelling Reasons Why Wealthy Affiliate Is Perfect for Baby Boomers and Retirees
You may have been searching on the internet for the best way to make money online. You may have tried this and tried that, but never had any measure of success.
You may have fallen victim into scams and lost a bundle. You may have tried drop shipping too and experienced the disappointment of minimal gains vs. tons of work. How about the hustle of returns?
You may have tried MLM and found that you are not really getting into the business of selling products, but are involved in the process recruiting for spots to expensive training, and placement in the hierarchy of people with different ranks.
Basically, MLMs (AKA Pyramid Schemes) work like this – Continue reading “Five Compelling Reasons Why Wealthy Affiliate Is Perfect”
The crisis facing the baby boomer and retirement isn’t a pipe dream. It’s real.
Here’s a scenario to seriously consider. An elderly gentleman gave his credit card to the cashier to pay for his purchase. The cashier inserted the card into the machine. And . . .bam! short of funds! Not enough balance in the card. What an embarrassment! With all those other customers looking.
If you are a baby boomer who is about to retire or has already retired, this could be you. Would you allow this to happen to you? Just the one time when you got the chance to own that sporty jacket, the one you’ve been hoping to buy, and you’re short of funds!
Sometimes, in your haste to grab something before others do, you forget to check. These things happen to other people too. But, in your case – just that one time – it was a disaster.
Do You Have to Suffer Through All This?
Building a successful online business takes a lot of work, contrary to the blurb on the internet that it is a no-brainer. Those who propagated this talk probably didn’t try to build one in the first place. It may not be very hard, but it is not easy either. And, it is a lot of work. Once you set it up, you need to continue working to keep it up. It’s not like some kind of an auto-pilot thing.
The steps are listed below.
If you think entrepreneurship is a 20th century idea you could be wrong. Sometime in the 1800, a Frenchman by the name of Jean-Baptiste Say coined the term entrepreneur, and defined it as someone who “shifts economic resources out of an area of lower and into an area of higher productivity and greater yield.”
In this post I’m going to go into some details about who the entrepreneur is and how he is “different” from the cut-and-dried business owner. If you are an online home business owner it is really a good idea to know how the entrepreneur thinks.
The word entrepreneur has its roots from the French term entreprendre meaning to “undertake.” Back then, the popular understanding of entrepreneur was someone who acts as a contractor between capital and labor. The more modern understanding of an entrepreneur is one who takes great risks in an enterprise in order to achieve high profits.
Risks Scare People
In his last book on management, before his death in 2005, noted management theorist Peter Drucker lists five questions (The Five Most Important Questions You Will Ever Ask About Your Organization) that he insists must be answered if you want to succeed in your business, whether it’s the actual brick and mortar, or home-based business. But, before proceeding any further, a few words about who Drucker was.
Drucker was a recipient of the Presidential Medal of Freedom, the highest award bestowed on a civilian in recognition of “an especially meritorious contribution to the security or national interests of the United States, world peace, cultural or other significant public or private endeavors.” This award was given in 2002 in recognition of his contribution to business and management, and the social sciences.
So, when it comes to business and management, Drucker knew whereof he speaks. Though he hated it, Drucker is often referred to as a management guru. His works challenged conventional and traditional management wisdom and shattered many long standing beliefs about how to run a successful business.
In this post I’m going to enumerate these five questions to provide you with a guide in your online business. Consider it a bit of online business training.
So, hereunder is the list. Take a look at it and see if you’ve gone into any of them and find out if you are on track with answering any or all of them..
1. What is your mission?
The Holy Grail of Internet Marketing: Or, What Makes the Best at Home Business?
What has the Holy Grail got to do with running an online home business? Keep reading and find out. Continue reading “The Holy Grail of Internet Marketing”