Do you have the resources, the endurance, the drive. In one respect, those of us who work at home are the persecuted victims of a harsh reality. Business spread around the world is work's best reputation and to deal with different people and making them convinced is part of creating self reputation in front of world. Work at home is the unique type good reputation work as you get chance to be "global business owner" by using technology to do work.
Business
There are a lot of free and low cost informational resources on the Internet and some on my blog that will show you how the online community effectively does business. Having your own eBay business can be fun once you know what items to look for that are selling well for you. Relevance in terms of interest. Can you relate to the subject around which your website or home business is going to revolve.
Money
They know that people who look for business opportunities or have internet business opportunity websites are eager to make money. Saving money is the same as making money, in my opinion. These tools should assist you in what you need to do to improve or maintain your finances. It’s like a snapshot of where your money is going. This technique works for many types of saving, spending, and giving plans and has many benefits besides being able to have the things you want from your money. You just have to do it and keep doing it – knowing that the money will come when you are being intentional and strategic in your planning. They know that people who look for business opportunities or have internet business opportunity websites are eager to make money. Tremendous sums of money are spent on back pain. If they are a legitimate company then you should be able to make money by selling their product or service. If the only way to make money is by recruiting other people to join then this is a sure sign of a scam.
People
Whatever the impetus for being interested in work at home jobs, more people than ever are seeking ways to achieve this modern-day nirvana. More and more, people are turning to work from home jobs on the Internet, since most of us now have high-speed DSL or equivalents available. Business toolkit, e-book, free gift, or some other equally. tempting award, people will sign up to receive the. Their corporate skills come in handy. By using the workathome mlm network tool, people can earn money not just from their sales but from people they recruit. Try to educate your websites visitors who can be the future victims of scammers. People should know about them and the ways they use to cheat and if so, they can never be fooled by them. If you've always dreamed of working from home online to earn extra money, there's never been a better time than now. More and more people are starting home businesses than ever before. If you've always dreamed of working from home online to earn extra money, there's never been a better time than now. Again, I'm repeating myself here but this is important, try to get an overview of how the system works, who your upline people are and how they can help you.
Internet
I then started to look at Internet Marketing, wow. This blew me away, the size of this market is mind blowing, but even more astounding is the speed at which the internet is growing. I then started to look at Internet Marketing, wow. Linden has been in marketing, traditional and online for several years, he believes that the speed the internet is growing, everybody should be considering building their business online. I then started to look at Internet Marketing, wow. For people who are unemployed or underemployed, the internet is a potential godsend. I then started to look at Internet Marketing, wow. Do you think the Internet is for someone else - - like techies and gurus and people under thirty. Let’s face it who wouldn’t. The internet can reach across the globe.
Online
It's important to understand that ANY business online can be successful as long as you learn it, practice it, and master it. One huge benefit of work from home online is the global marketplace you will have access to. A big and maybe the most important benefit you'll gain, work from home online is the lifestyle. I always dreamed of working out of my house and would always fall prey to those that claimed I would get rich if I did what they did. Do you know that 99% of the programs online are scams. I always dreamed of working out of my house and would always fall prey to those that claimed I would get rich if I did what they did. Some of the best places to network online are WAHM.
Job
The best work based from home job for one person could be a nightmare for another. Multiple factors need to be taken into consideration when determining what the best work based from home job is for you. You can find good telecommuting jobs if you apply only for those positions that are with an established company that pays you a regular wage. Any legitimate job will require you to have skills, perform actual work, and report to a supervisor. One of the many reasons why working from home has increased in popularity is due to the limited number of expenses. When you think about it, the cost of working a traditional job can easily add up.
Pay
Companies such as marketing research firms or large corporations will pay you to answer questions about their products. Though the pay can vary from one company to the next, it can add up in a hurry.
Information
However, be sure to learn the right essential oils for relaxation. Such information is widely available online. Com and is the author of "Raising little magicians", and the popular "The Lance in freelancing". More information can be found at http://www. When visitors enter this site, they can fill out an online form that requires an email address, name, phone number, and perhaps some other details. This information is then shared with business organizations that have paid for work from home leads. Digital information, transformed into economic and social value, offers huge opportunities for the development of new products and services. This digital information is today conveyed as what are commonly known as "e-books" - electronic online books, and software products of various kinds. You are welcome to reprint this article as we offer our articles on a non-exclusive basis. However, the following information must be printed at the end of each article. These people give you step by step instructions. Go to any internet marketing website and see how much information is given freely.
Making
Search
Ethicans attempt to create an ethical school that applies to every occasion. The search is for a unifying ethical system is much like the search for the unifying theory of physics. It takes the average person looking for a telecommuting position a good year before they find a position that suits their needs; and that's typical in a good economy. But having a resume geared towards your work from home employment search is a sure fire way of positioning yourself ahead of the competition.
Affiliate
You don't even need an 800 number or to hassle with credit card purchases. Plus, signing up to be an affiliate is free.
Products
Digital technologies make it easier and cheaper to access, store and transmit information – and to buy it and sell it. The beauty of digital products is that there are no physical goods to purchase, inventory and transport. Digital technologies make it easier and cheaper to access, store and transmit information – and to buy it and sell it. What products are sold and marketed by MLM businesses.
Website
Your website must be optimized and competently submitted to both the major directories and the search engines on a regular basis. You do need to find a home business career in something that you really love, whether it is jewelry, address labels, or hot tubs. Anything and everything is sold on the Internet and setting up your own website is the first step involved in having your own home business career. Be sure to make your website tasteful and easy to maneuver. The easiest way to make money online without a website is by using your mailing list. Be sure to make your website tasteful and easy to maneuver. Relevant file or folder names Your website will have many pages or folders. This article was written by Wayne Hagerty certified Search Engine Internet Marketing professional with years of experience. To get continuos traffic to your own business and website is as simple as visiting the Online Shopping Million Pixel Page a new hot Online Shopping traffic generating system.
Jobs
Despite what scammers would have you believe, you dont sign-up to work at home nor will you get paid to stuff envelopes or assemble miniature dollhouses. One of the first things people need to understand about work-at-home jobs is that they require skill and experience just as any job would. Despite what scammers would have you believe, you dont sign-up to work at home nor will you get paid to stuff envelopes or assemble miniature dollhouses. The key to finding work-at-home jobs is to search where people post jobs. The more skilled you are, the easier it will be for you to find a work at home job. These telecommuting jobs are highly sought after, so you need to make yourself marketable and more aggressive than the competition. Many ads claim to get you started with mystery shopping; you may or may not receive a list of companies. Mystery shopping jobs are very time sensitive. TeleRepsathome is your Inside Source for jobs in the hottest telecommuting job market today, the Teleservices industry. Telecommuters may also access a wide variety of other jobs, new jobs are posted weekly for the US and Canada. We live in an uncertain world, and there always exists the possibility of our losing our jobs. Hey, if Steve Jobs can get fired from Apple (the company he founded. If you are looking to escape the nine to five workplace, you are not alone. Data Entry jobs are the most sought after job by work from home candidates.
Companies
Caution should be exerted when looking into one of these advertisements. Most of these get rich quick plots, and work from home companies are just con artists looking to scam you out of your money. The Paid Survey Program is one in which you can earn money for taking surveys. Companies are willing to pay for your opinion on products, services, or ways to improve their performance. The Paid Survey Program is one in which you can earn money for taking surveys. Many companies are now realizing that a work-at-home inbound call center may be able to handle customer service better than brick-and-mortar call centers. The Paid Survey Program is one in which you can earn money for taking surveys. companies are beginning to sense the cost of employee absence, and they're also beginning to see a trend toward shorter commutes. The freelance market is booming due to the poor economy, and many people are trying to find jobs that will allow them to work at home. Many companies are choosing to pay freelancers instead of hefting the cost of regular company employee. For others they had to quit after losing hundred’s of thousands of dollars. Online business creation companies will make you a website and tell you your good to go.
Programs
Affiliate programs are the best way to start making money instantly. Some affiliate programs offer what is called a "Two-Tier" program and this is in most cases not considered a MLM program. MLM programs are sometimes called a "Matrix" or "Downline" program and often have an unlimited number of sub-affiliates you can sign up under you. Private label resell rights are offered on a number of different products, including software programs. The truth is that the best work at home business affiliates earning hefty monthly checks from their affiliate programs will hardly tell you their money-making secrets. An affiliate program isn't literally a program it's a business arrangement or agreement. Affiliate programs are also commonly known as associate programs, associates programs, partner programs, referral programs and sometimes bounty programs. Private label resell rights are offered on a number of different products, including software programs. These software programs are created by professional software designers or software developers.
Opportunity
Home Business Opportunity provides detailed information on Home Business Opportunities, Work At Home Business Opportunities, Work At Home MLM Business Opportunities, Best Home Based Business Opportunities and more. "Opportunity are often shy, you just have to keep looking for them. They fail to realize that doing an work at home business opportunity can be more demanding than doing a regular job. Anyone who is in business should be able to answer questions regarding their trade. The first step in finding a work at home opportunity is to know what your available options are. If you are interested in this business opportunity, you are encouraged to familiarize yourself with it before making any final arrangements. Cantley’s sentiments about striking a life-work balance and locating a part-time opportunity are growing increasingly common. It is very important that you work with a legitimate company to avoid problems in the future. How to find out if the company offering the home business online work opportunity is real.
Traffic
One way to get good targeted traffic is to pay for it. Search engine traffic is the best traffic You can get for your online Business.
Telecommuting
If it hasn't, at least you were able to try your hand at telecommuting. Telecommuting is becoming increasingly popular, especially as more and more jobs involve the extensive use of computers. Hundreds of jobs can be found on any given day. So its always a surprise to me when I receive email from people asking if telecommuting is a myth. Hundreds of jobs can be found on any given day. Another fact about telecommuting is that you dont have to pay for a work-at-home job. Hundreds of jobs can be found on any given day. Part of the reason for the growth in telecommuting is the fact that it's becoming more socially acceptable.
Income
I also knew that I could not abandon my efforts either. Not making an income is simply not an option for many of us. Are you making enough money. Sounds obvious, but remember to add up your current outgoings to see if your online income will cover everything. Satisfying – nothing is as satisfying and rewarding as creating your own situation in which you can work at home. Good monthly stream of income can be achieved with work done on one time by you on your site. Satisfying – nothing is as satisfying and rewarding as creating your own situation in which you can work at home. Having both plenty of time and a very profitable and satisfying income is indeed a wonderful lifestyle. You need to take a close look at the sources of your income. Ideally your income should be coming from numerous sources e. You see eBay has over 147 million users and over 12 million items for sale. Over 724,000 individuals say their primary or secondary income is from selling on eBay.
Computer
And more so when your computer is your office or shop. Internet, then you are going to want to make sure your. computer is up to the task.
Surveys
They can be done online, on the phone, or by mail. The results from the surveys are analyzed and compiled by the market research company, and the end result presented to the client. They can be done online, on the phone, or by mail. Phone surveys are common from these companies as well, so be prepared to get a few calls and answer some surveys over the phone. They can be done online, on the phone, or by mail. Online surveys are a great way to pull in extra income. They can be done online, on the phone, or by mail. Paid surveys are great if you want to work from home online, earn extra money and have fun while doing it. They can be done online, on the phone, or by mail. The most common method of payment for surveys are-- gift certificates, products and points.
Success
) that identifying the people with a high. Your chances of success are almost. Choose a subject/topic/idea you would enjoy developing. Success will come more easily and you will feel really good about it. For the rest of us a little more imagination may be needed. Success is the sum of all efforts putted in the right direction. ) that identifying the people with a high. likelihood of success is even more important when developing an . Regardless of whether you are in MLM or a more traditional business, the secret to success is planning.
Advertising
When you are working from home, it is ALL on you. You have to make sure your deadlines are met, that your advertising is done, that your PC gets fixed and has the right amount of security,etc. I hear so often from moms who are using paid advertising as their sole method of promoting their online businesses. Advertising is great, but it is just one of the many ways to promote your business. Both of these. expectations are valid, but advertising is tactical and marketing strategy needs to . One good rule is: You will never find anyone advertising effective advertising. Logic: If the advertising is effective it will be used by the owner itself. Both of these. When your advertising is not delivering the goods and sales are not as robust as . When you are working from home, it is ALL on you. The trick to FREE classified advertising is quantity and testing.
Legitimate
Do you have the resources, the endurance, the drive. In one respect, those of us who work at home are the persecuted victims of a harsh reality. Business spread around the world is work's best reputation and to deal with different people and making them convinced is part of creating self reputation in front of world. Work at home is the unique type good reputation work as you get chance to be "global business owner" by using technology to do work.
9.22.2008
a start-up needs a business plan that articulates the business model
Only 1 percent of the ultimate value of a business resides in the idea, according to Waverly Deutsch, clinical professor of entrepreneurship. “If ideas are a dime a dozen, yours is worth slightly less than a penny.”
Deutsch was among GSB faculty who spoke during the Hapak Alumni Entrepreneurship Seminar at Gleacher Center in Chicago in July. Sponsored by faculty member Susan Hapak, ’89, and the Polsky Center for Entrepreneurship, the three-day event drew more than 100 alumni entrepreneurs—and aspiring entrepreneurs —who heard GSB faculty share their expertise on how to identify and evaluate business opportunities, finance the business, and manage the operation.
Deutsche explained that even if the product is already developed, the idea and prototype represent only about 25 percent of the value it may bring to the market “Being an entrepreneur is not about the idea; it?s about the execution,” Deutsch said. “It’s not about the strategy; it’s about executing the strategy. The first step in starting a business is obtaining capital, which likely comes from several sources, she said. Of the $110 billion invested in 700,000 start-ups in 2004, just $4.4 billion was raised from venture capital for early stage seed deals, Deutsch said. Among the remaining 96 percent, 66 percent came from the entrepreneurs themselves and 30 percent from such informal investors as family, friends, distant relatives, neighbors, coworkers, and “angels,” including strangers and contacts through networks, she said.
Fewer than one in 10,000 companies will get venture capital in the early seed stage, Deutsch said. Meanwhile, almost 5 percent of the U.S. population has given money to another person to support a business, she said. Among the informal investors, immediate family provides half, or about $23,000 each, while coworkers provide 8 percent, or about $39,000 each, Deutsch said.
“Work colleagues put more into a deal than our own friends and family,” she said. “They understand what you’re pitching and have more faith in you in a business context. Also, often the people we work with—especially among MBA's—have more disposable assets than some of our family members, friends, and neighbors.”
In order to survive, a start-up needs a business plan that articulates the business model, Deutsch said. The business model should identify how the product or service will create value and for whom, why there is room in the market and how the product or service will be different, how the business will make money, and how it will grow, she said.
“The first two elements of the business model are the most important questions an entrepreneur can answer: What are you selling and who are you selling it to? And why does anybody care? That’s your elevator pitch.” Deutsch said.? “The idea is not just to answer the questions in the model, but to use the answers early on in your evolution to dictate the actions you take.”
She listed the stages of lifecycle in a start-up:
·Idea/inception
·Proof of concept
·Growth
·Diversification
·Harvest/Exit
“The outcome of the first stage is a business plan and hopefully seed funding,” Deutsch said. “We exit the proof of concept stage when we’ve proven feasibility—we can do what we say we can do—and salability—that someone will buy it. It’s critical to think about proving the business. Entrepreneurs think of proof of concept as feasibility only. But you also have to prove there is a market that will actually pay for your product.”
The Hapak Alumni Entrepreneurship Seminar will be offered again to alumni next summer.
Deutsch was among GSB faculty who spoke during the Hapak Alumni Entrepreneurship Seminar at Gleacher Center in Chicago in July. Sponsored by faculty member Susan Hapak, ’89, and the Polsky Center for Entrepreneurship, the three-day event drew more than 100 alumni entrepreneurs—and aspiring entrepreneurs —who heard GSB faculty share their expertise on how to identify and evaluate business opportunities, finance the business, and manage the operation.
Deutsche explained that even if the product is already developed, the idea and prototype represent only about 25 percent of the value it may bring to the market “Being an entrepreneur is not about the idea; it?s about the execution,” Deutsch said. “It’s not about the strategy; it’s about executing the strategy. The first step in starting a business is obtaining capital, which likely comes from several sources, she said. Of the $110 billion invested in 700,000 start-ups in 2004, just $4.4 billion was raised from venture capital for early stage seed deals, Deutsch said. Among the remaining 96 percent, 66 percent came from the entrepreneurs themselves and 30 percent from such informal investors as family, friends, distant relatives, neighbors, coworkers, and “angels,” including strangers and contacts through networks, she said.
Fewer than one in 10,000 companies will get venture capital in the early seed stage, Deutsch said. Meanwhile, almost 5 percent of the U.S. population has given money to another person to support a business, she said. Among the informal investors, immediate family provides half, or about $23,000 each, while coworkers provide 8 percent, or about $39,000 each, Deutsch said.
“Work colleagues put more into a deal than our own friends and family,” she said. “They understand what you’re pitching and have more faith in you in a business context. Also, often the people we work with—especially among MBA's—have more disposable assets than some of our family members, friends, and neighbors.”
In order to survive, a start-up needs a business plan that articulates the business model, Deutsch said. The business model should identify how the product or service will create value and for whom, why there is room in the market and how the product or service will be different, how the business will make money, and how it will grow, she said.
“The first two elements of the business model are the most important questions an entrepreneur can answer: What are you selling and who are you selling it to? And why does anybody care? That’s your elevator pitch.” Deutsch said.? “The idea is not just to answer the questions in the model, but to use the answers early on in your evolution to dictate the actions you take.”
She listed the stages of lifecycle in a start-up:
·Idea/inception
·Proof of concept
·Growth
·Diversification
·Harvest/Exit
“The outcome of the first stage is a business plan and hopefully seed funding,” Deutsch said. “We exit the proof of concept stage when we’ve proven feasibility—we can do what we say we can do—and salability—that someone will buy it. It’s critical to think about proving the business. Entrepreneurs think of proof of concept as feasibility only. But you also have to prove there is a market that will actually pay for your product.”
The Hapak Alumni Entrepreneurship Seminar will be offered again to alumni next summer.
Business Plan
Since I've started my new career as a venture capitalist I have become keenly aware of some of the classic mistakes that geeks make when trying to raise money for a new business. Instead of writing the same comments over and over again I thought I'd try to summarize some of the mistakes that people -- especially smart people -- make when they decide to try to turn their bright ideas into money. Here then is my top-ten list of geek business myths:
Myth #1: A brilliant idea will make you rich.
Reality: A brilliant idea is neither necessary nor sufficient for a successful business, although all else being equal it can't hurt. Microsoft is probably the canonical example of a successful business, and it has never had a single brilliant idea in its entire history. (To the contrary, Microsoft has achieved success largely by seeking out and destroying other people's brilliant ideas.) Google was based on a couple of brilliant ideas (Page rank, text-only ads, massive parallel implementation on cheap hardware) but none of those ideas were original with Larry or Sergey. This is not to say that Larry, Sergey and Bill are not bright guys -- all three of them are sharper than I can ever hope to be. But the idea that any of them woke up one day with an inspiration and coasted the rest of the way to riches is a myth.
Myth #2: If you build it they will come.
There is a grain of truth to this myth. There have been examples of businesses that just built a product, cast it upon the ether(net), and achieved success. (Google is the canonical example.) But for every Google there are ten examples of companies that had killer products that didn't sell for one reason or another. My favorite example of this is the first company I tried to start back in 1993. It was called FlowNet, and it was a new design for a high speed local area network. It ran at 500Mb/s in a time when 10 Mb/s ethernet was the norm. For more than five years, FlowNet had the best price/performance ratio of any available network. On top of that, FlowNet had built-in quality-of-service guarantees for streaming video. If FlowNet had taken over the world your streaming video would be working a lot better today than it does.
But despite the fact that on a technical level FlowNet blew everything else out of the water it was an abysmal failure as a business. We never sold a single unit. The full story of why FlowNet failed would take me far afield, but if I had to sum it up in a nutshell the reason it didn't sell was very simple: it wasn't Ethernet. And if we'd done our homework and market research we could have known that this would be, if not a show-stopper at least a significant obstacle. And we would have known it before we spent tens of thousands of dollars of our own money on patent attorneys and prototypes.
Myth #3: Someone will steal your idea if you don't protect it.
Reality: No one gives a damn about your idea until you actually succeed and by then it's too late. Even on the off chance that you do manage to stumble across someone who is as excited about your idea as you are, if they have any brains they will join you rather than try to beat you. (And if they don't have any brains then it doesn't matter what they do.)
Patent protection does serve one useful purpose: it can make investors feel warm and fuzzy, especially naive investors. But I strongly recommend that you do your own patent filings. It's not hard to do once you learn how (get the Nolo Press book "Patent it Yourself"). You'll do a better job than most patent attorneys and save yourself a lot of money.
Myth #4: What you think matters.
Reality: It matters not one whit that you and all your buddies think that your idea is the greatest thing since sliced pizza (unless, of course, your buddies are rich enough to be the customer base for your business). What matters is what your customers think. It is natural to assume that if you and your buddies think your idea is cool that millions of other people out there will think it's cool too, and sometimes it works out that way, but usually not. The reason is that if you are smart enough to have a brilliant idea then you (and most likely your buddies) are different from everyone else. I don't mean to sound condescending here, but the sad fact of the matter is that compared to you, most people are pretty dumb (look at how many people vote Republican ;-) and they care about dumb things. (I just heard about a new clothing store in Pasadena that has lines around the block. A clothing store!) If you cater only to people who care about the things that you care about then your customer base will be pretty small.
Myth #5: Financial models are bogus.
As with myth #2 there is a grain of truth here. As Carl Sagan was fond of saying, prophecy is a lost art. There is no way to know for sure how much money your business is going to make, or how much it will cost to get to market. The reason for doing financial models is to do a reality check and convince yourself that making a return on investment is even a plausible possibility. If you run the numbers and find out that in order to reach break-even you need a customer base that is ten times larger than the currently known market for your product then you should probably rethink things. As Dwight Eisenhower said: plans are useless, but planning is indispensible.
This myth is the basis for one of the most classic mistakes that geeks make when pitching their ideas. They will say things like "Even if we only capture 1% of the market we'll make big bucks." Statements like that are a dead giveaway that you haven't done your homework to find out what your customers actually want. You may as well say: there's a good chance that only 1 customer in 100 will buy our product (and frankly, we're not even sure about that). Doesn't exactly inspire confidence.
Myth #6: What you know matters more than who you know.
Reality: You've been in denial about this your whole life. You were either brought up to believe that being smart mattered, or you just didn't believe your mother when she told you that getting along with the other kids was more important than getting straight A's.
The truth is, who you know matters more than what you know. This is not to say that being smart and knowledgable is useless. Knowing "what" is often an effective means of getting introduced to the right "whos". But ultimately, the people you know and trust (and more importantly who trust you) matter more than the factual knowledge you may have at your immediate disposal. And there is a sound reason for this: business decisions are horrifically complicated. No one person can possibly amass all the knowledge and experience required to make a broad range of such decisions on their own, so effective business people delegate much of their decision-making to other people. And when they choose who to delegate to, their first pick is always people they know and trust.
Myth #7: A Ph.D. means something.
Reality: The only thing a Ph.D. means is that you're not a moron, and you're willing to put up with the bullshit it takes to slog your way through a Ph.D. program somewhere. Empirically, having a Ph.D. is negatively correlated with business success. This is because the reward structure in academia is almost the exact opposite of what it is in business. In academia, what your peers think matters. In business, it's what your customers think that matters, and your customers are (almost certainly) not your peers.
Myth #8: I need $5 million to start my business
Reality: Unless you're building hardware (in which case you should definitely rethink what you're doing) you most likely don't need any startup capital at all. Paul Graham has written extensively about this so I won't belabor it too much, except to say this: you don't need much startup capital, but what you do need is a willingness to work your buns off. You have to bring your brilliant idea to fruition yourself; no one else will do it for you, and no one will give you the money to hire someone to do it for you. The reason is very simple: if you don't believe in the commercial potential of your idea enough to give up your evenings and weekends to own a bigger chunk of it, why should anyone else believe in it enough to put their hard-earned money at risk?
Myth #9: The idea is the most important part of my business plan.
Reality: The idea is very nearly irrelevant. What matters is 1) who are your customers? 2) Why will they buy what you're selling? (Note that the reason for this could very well be something like, "Because I'm famous and I have a huge fan base and they will buy sacks of stale dog shit if it has my name on it." But in your case it will more likely be, "Because we have a great product that blows the competition out of the water.") 3) Who is on your team? and 4) What are the risks?
Myth #10: Having no competition is a good thing.
Reality: If you have no competition the most likely reason for that is that there's no money to be made. There are six billion people on this planet, and it's very unlikely that every last of them will have left a lucrative market niche completely unexploited.
The good news is that it is very likely that your competition sucks. The vast majority of businesses are not run very well. They make shoddy products. They treat their customers and their employees like shit. It's not hard to find market opportunities where you can go in and kick the competition's ass. You don't want no competition, what you want is bad competition. And there's plenty of that out there.
Myth #1: A brilliant idea will make you rich.
Reality: A brilliant idea is neither necessary nor sufficient for a successful business, although all else being equal it can't hurt. Microsoft is probably the canonical example of a successful business, and it has never had a single brilliant idea in its entire history. (To the contrary, Microsoft has achieved success largely by seeking out and destroying other people's brilliant ideas.) Google was based on a couple of brilliant ideas (Page rank, text-only ads, massive parallel implementation on cheap hardware) but none of those ideas were original with Larry or Sergey. This is not to say that Larry, Sergey and Bill are not bright guys -- all three of them are sharper than I can ever hope to be. But the idea that any of them woke up one day with an inspiration and coasted the rest of the way to riches is a myth.
Myth #2: If you build it they will come.
There is a grain of truth to this myth. There have been examples of businesses that just built a product, cast it upon the ether(net), and achieved success. (Google is the canonical example.) But for every Google there are ten examples of companies that had killer products that didn't sell for one reason or another. My favorite example of this is the first company I tried to start back in 1993. It was called FlowNet, and it was a new design for a high speed local area network. It ran at 500Mb/s in a time when 10 Mb/s ethernet was the norm. For more than five years, FlowNet had the best price/performance ratio of any available network. On top of that, FlowNet had built-in quality-of-service guarantees for streaming video. If FlowNet had taken over the world your streaming video would be working a lot better today than it does.
But despite the fact that on a technical level FlowNet blew everything else out of the water it was an abysmal failure as a business. We never sold a single unit. The full story of why FlowNet failed would take me far afield, but if I had to sum it up in a nutshell the reason it didn't sell was very simple: it wasn't Ethernet. And if we'd done our homework and market research we could have known that this would be, if not a show-stopper at least a significant obstacle. And we would have known it before we spent tens of thousands of dollars of our own money on patent attorneys and prototypes.
Myth #3: Someone will steal your idea if you don't protect it.
Reality: No one gives a damn about your idea until you actually succeed and by then it's too late. Even on the off chance that you do manage to stumble across someone who is as excited about your idea as you are, if they have any brains they will join you rather than try to beat you. (And if they don't have any brains then it doesn't matter what they do.)
Patent protection does serve one useful purpose: it can make investors feel warm and fuzzy, especially naive investors. But I strongly recommend that you do your own patent filings. It's not hard to do once you learn how (get the Nolo Press book "Patent it Yourself"). You'll do a better job than most patent attorneys and save yourself a lot of money.
Myth #4: What you think matters.
Reality: It matters not one whit that you and all your buddies think that your idea is the greatest thing since sliced pizza (unless, of course, your buddies are rich enough to be the customer base for your business). What matters is what your customers think. It is natural to assume that if you and your buddies think your idea is cool that millions of other people out there will think it's cool too, and sometimes it works out that way, but usually not. The reason is that if you are smart enough to have a brilliant idea then you (and most likely your buddies) are different from everyone else. I don't mean to sound condescending here, but the sad fact of the matter is that compared to you, most people are pretty dumb (look at how many people vote Republican ;-) and they care about dumb things. (I just heard about a new clothing store in Pasadena that has lines around the block. A clothing store!) If you cater only to people who care about the things that you care about then your customer base will be pretty small.
Myth #5: Financial models are bogus.
As with myth #2 there is a grain of truth here. As Carl Sagan was fond of saying, prophecy is a lost art. There is no way to know for sure how much money your business is going to make, or how much it will cost to get to market. The reason for doing financial models is to do a reality check and convince yourself that making a return on investment is even a plausible possibility. If you run the numbers and find out that in order to reach break-even you need a customer base that is ten times larger than the currently known market for your product then you should probably rethink things. As Dwight Eisenhower said: plans are useless, but planning is indispensible.
This myth is the basis for one of the most classic mistakes that geeks make when pitching their ideas. They will say things like "Even if we only capture 1% of the market we'll make big bucks." Statements like that are a dead giveaway that you haven't done your homework to find out what your customers actually want. You may as well say: there's a good chance that only 1 customer in 100 will buy our product (and frankly, we're not even sure about that). Doesn't exactly inspire confidence.
Myth #6: What you know matters more than who you know.
Reality: You've been in denial about this your whole life. You were either brought up to believe that being smart mattered, or you just didn't believe your mother when she told you that getting along with the other kids was more important than getting straight A's.
The truth is, who you know matters more than what you know. This is not to say that being smart and knowledgable is useless. Knowing "what" is often an effective means of getting introduced to the right "whos". But ultimately, the people you know and trust (and more importantly who trust you) matter more than the factual knowledge you may have at your immediate disposal. And there is a sound reason for this: business decisions are horrifically complicated. No one person can possibly amass all the knowledge and experience required to make a broad range of such decisions on their own, so effective business people delegate much of their decision-making to other people. And when they choose who to delegate to, their first pick is always people they know and trust.
Myth #7: A Ph.D. means something.
Reality: The only thing a Ph.D. means is that you're not a moron, and you're willing to put up with the bullshit it takes to slog your way through a Ph.D. program somewhere. Empirically, having a Ph.D. is negatively correlated with business success. This is because the reward structure in academia is almost the exact opposite of what it is in business. In academia, what your peers think matters. In business, it's what your customers think that matters, and your customers are (almost certainly) not your peers.
Myth #8: I need $5 million to start my business
Reality: Unless you're building hardware (in which case you should definitely rethink what you're doing) you most likely don't need any startup capital at all. Paul Graham has written extensively about this so I won't belabor it too much, except to say this: you don't need much startup capital, but what you do need is a willingness to work your buns off. You have to bring your brilliant idea to fruition yourself; no one else will do it for you, and no one will give you the money to hire someone to do it for you. The reason is very simple: if you don't believe in the commercial potential of your idea enough to give up your evenings and weekends to own a bigger chunk of it, why should anyone else believe in it enough to put their hard-earned money at risk?
Myth #9: The idea is the most important part of my business plan.
Reality: The idea is very nearly irrelevant. What matters is 1) who are your customers? 2) Why will they buy what you're selling? (Note that the reason for this could very well be something like, "Because I'm famous and I have a huge fan base and they will buy sacks of stale dog shit if it has my name on it." But in your case it will more likely be, "Because we have a great product that blows the competition out of the water.") 3) Who is on your team? and 4) What are the risks?
Myth #10: Having no competition is a good thing.
Reality: If you have no competition the most likely reason for that is that there's no money to be made. There are six billion people on this planet, and it's very unlikely that every last of them will have left a lucrative market niche completely unexploited.
The good news is that it is very likely that your competition sucks. The vast majority of businesses are not run very well. They make shoddy products. They treat their customers and their employees like shit. It's not hard to find market opportunities where you can go in and kick the competition's ass. You don't want no competition, what you want is bad competition. And there's plenty of that out there.
9.21.2008
Can Anti Aging Supplements Delay Aging?
Not long ago, the answer to this question would be no. Today, due to the progress of Anti-Aging Medicine, The answer to the question “Can you delay aging?” is Yes, without any ambiguity. The products and technologies exist; they can delay, suspend, or even reverse degenerative number of effects associated with aging.What is aging?Aging is a complex process involving various biological, psychological and social factors. The aging of the human being is a phenomenon ” Polysystemic ” involving complex interactions between biological systems and other levels of reality (physical, psychological and socio-cultural). The aging process puts a great “variety” of components: genetic, cellular, neurological and hormonal.What are the signs of aging?Respiratory Function: the compliance thoracic declines sharply with age, with loss of lung elasticity and decreased strength of respiratory muscles. The lung function is impaired by an increase in the residual volume and a decrease in vital capacity. The pulmonary arterial blood flow decreases and pulmonary artery pressure increases with age.Circulatory function: the risk of arterial hypertension and arteriosclerosis increases with age. The heart muscle becomes less able to propel large quantities of blood quickly to the body. We tire more quickly and take longer to recover. Locomotor function: The mineral content of bones decreases, so that bones become less dense and more fragile, which can lead to osteoporosis and osteomalacia, Joint motion becomes more restricted and flexibility decreases with age because of changes in tendons and ligaments. Aging muscles characterized by sarcopenia, resulting in a loss of muscle mass and strength. The repetition of effort becomes more difficult; thus, it takes muscles longer to respond.Appearance: the skin start deteriorating which leads to pronounced lines and marked wrinkles, a decrease in the elastic matrix of the skin (Collagen and Elastin), and cells retain less water and lose their firmness.Can anti aging product help you?The anti-aging medicine is a preventive method combining the knowledge of nutrition (anti aging supplements), the micro nutrition (antioxidants, amino acids, coenzme q10, multi vitamin, mineral), the hormonology (hormone therapy), physical exercise and other cosmetic techniques aiming to reduce the risks of premature aging mentally, physically and aestheticallyDo you want to:Reverse neuroendoctrine AgingCounterbalance the effects of aging?Genetically Slow down Aging of the Brain?Reduces Brown Spots, a universal sign of aging?Restore mitochondrial activity and cardiolipin to more youthful levels?Delay the onset and slow the progression of many age-related changes?Make your cells young again, extend your life and live longer naturally?Visit vitalfoodstore.com to discover our natural antiaging products and information to promote healthy energy levels and encourage a healthy joie de vivre. Visit our anti aging supplements, antioxidants supplements website today and save 5%.
9.20.2008
Business Plan Basics
A business plan is a vital tool for any business. If you operate or plan to operate a home business, the more you know about business plans the more likely your business will succeed. What is a Business Plan?A business plan is a document that is a valuable tool that can act as a blueprint for your home business. It's essential for getting a business loan, but it's also important even if you don't need outside funding. When properly developed and maintained, a business plan can help you stay focused on where you want your business to go and how you're going to to get there. In that sense, a business plan is very much like a road map to your business.
Do I Need a Business Plan?If you intend to secure outside funding for your business, you can expect a business plan to be a requirement. However, even if you're starting small or have your own resources to fund your business, having a business plan will greatly improve the chances that your home business will succeed. It will also provide you with a blueprint for growing your business. The US Small Business Administration (SBA) estimates that as many as 90 percent of all small businesses fail in the first two years. Those statistics can be very frightening. After all, why would you want to spend a lot of time and effort as well as risk your own money when there is only one chance in ten you're going to survive?
Keep in mind that a large proportion of those who start a business don't know how to plan. They may also not be willing to take the time to create and maintain a solid business plan. While you might be able to succeed without one, being armed with information on how to create a good business plan will give you a considerable leg up in starting a business, keeping it operational, managing your money, and culitivating business growth.
What's in a Business Plan?What you should include in your business plan may vary somewhat, based on the type of business you're operating and the purpose of the plan itself. While general guidelines are available, if the plan is being written primarily to secure outside funding, such as a small business loan, it's not a bad idea to see in advance if the financial institution has any specific requirements it likes to see in its loan applications. If the business plan's purpose is primarily for your own use or the financial institution has no specific requirements, the SBA is an excellent unbiased source of what should be included in a business plan. In a way, they are biased because they act as guarantor of many small business loans. Their suggested business plan outline is as follows:
Executive Summary – A high-level overview of the document that includes information about the history of the business, its objectives, and its product or service offerings. Additionally, it includes an overview of the market for your products or services, your competitive advantage (value proposition), your projected growth, the key members of your business and its funding requirements. Market Analysis – A description of your market, your niche, and the demand for your product or service (supported by documentation). The percentage of market share you envision and why. should present general highlights and conclusions of any marketing research data you may have accumulated, but the full details of your market research should be placed in the Appendix. Company Description - A high level look at how all of the different elements of your business fit together, including information about the nature of your business and the success factors that you feel will make your business successful and consequently, profitable. Organization and Management – Who your key players are along with their experience, expertise, and education level. Who is responsible for the various aspects of your business? How much will you pay them or are you paying them, and what benefits (if any) you provide? Also includes our ownership structure - sole proprietorship, LLC, C corporation, S corporation, etc. Marketing and Sales Strategies – How you will promote your business, how you will get your product or service to your customers, the costs for distribution and promotion, and how you will measure the effectiveness of the methods you plan to use. Include any marketing and advertising strategies and your strategies for busines growth. Products and Services - What are your product and/or service offerings, is there a need for them, and why? Is your product or service already available and being sold, or is it still being developed? What makes your product or service unique? What competitive advantage will your product or service enjoy? Also pricing, legal issues and other barriers are discussed.
Do I Need a Business Plan?If you intend to secure outside funding for your business, you can expect a business plan to be a requirement. However, even if you're starting small or have your own resources to fund your business, having a business plan will greatly improve the chances that your home business will succeed. It will also provide you with a blueprint for growing your business. The US Small Business Administration (SBA) estimates that as many as 90 percent of all small businesses fail in the first two years. Those statistics can be very frightening. After all, why would you want to spend a lot of time and effort as well as risk your own money when there is only one chance in ten you're going to survive?
Keep in mind that a large proportion of those who start a business don't know how to plan. They may also not be willing to take the time to create and maintain a solid business plan. While you might be able to succeed without one, being armed with information on how to create a good business plan will give you a considerable leg up in starting a business, keeping it operational, managing your money, and culitivating business growth.
What's in a Business Plan?What you should include in your business plan may vary somewhat, based on the type of business you're operating and the purpose of the plan itself. While general guidelines are available, if the plan is being written primarily to secure outside funding, such as a small business loan, it's not a bad idea to see in advance if the financial institution has any specific requirements it likes to see in its loan applications. If the business plan's purpose is primarily for your own use or the financial institution has no specific requirements, the SBA is an excellent unbiased source of what should be included in a business plan. In a way, they are biased because they act as guarantor of many small business loans. Their suggested business plan outline is as follows:
Executive Summary – A high-level overview of the document that includes information about the history of the business, its objectives, and its product or service offerings. Additionally, it includes an overview of the market for your products or services, your competitive advantage (value proposition), your projected growth, the key members of your business and its funding requirements. Market Analysis – A description of your market, your niche, and the demand for your product or service (supported by documentation). The percentage of market share you envision and why. should present general highlights and conclusions of any marketing research data you may have accumulated, but the full details of your market research should be placed in the Appendix. Company Description - A high level look at how all of the different elements of your business fit together, including information about the nature of your business and the success factors that you feel will make your business successful and consequently, profitable. Organization and Management – Who your key players are along with their experience, expertise, and education level. Who is responsible for the various aspects of your business? How much will you pay them or are you paying them, and what benefits (if any) you provide? Also includes our ownership structure - sole proprietorship, LLC, C corporation, S corporation, etc. Marketing and Sales Strategies – How you will promote your business, how you will get your product or service to your customers, the costs for distribution and promotion, and how you will measure the effectiveness of the methods you plan to use. Include any marketing and advertising strategies and your strategies for busines growth. Products and Services - What are your product and/or service offerings, is there a need for them, and why? Is your product or service already available and being sold, or is it still being developed? What makes your product or service unique? What competitive advantage will your product or service enjoy? Also pricing, legal issues and other barriers are discussed.
Business Finance Gaining a Business Grant
Every new business needs finance when they are first starting up. You will need to buy equipment and your workplace will need to be set up as well as all of your marketing costs being sorted out but it doesn’t just stop here; when you are officially set up and your business starts making money you will need to cover all of your businesses bills and your staffs wages.When it comes to finance needed to establish your business there are a number of options available to you. One of these options is grant finance. So what exactly is this grant finance? Grant finance is some of the money that is given to individuals or businesses for a specific project or purpose.Grant finance however only covers part of the cost involved in your business project but the money that is given to you doesn’t need to be paid back. Grants are given to businesses to help with specific aspects of business development and they are available from a wide range of sources such as the Government, European Union and regional development agencies. These business grants are only given to businesses for a specific reason and there are a number of factors that may affect whether you are able to gain a grant such as your business activity or your specific business industry sector, some are also linked to certain geographical areas, which are in need of economic regeneration.Business grants are notoriously hard to gain and there are only a certain amount that are available to businesses every year so the competition for these business grants is strong, which is why if you are hoping to gain one you need to clearly outline what the grant will be used for and how it will benefit your business as well as how it will benefit your local community. You will also need to clearly show that the specific project you want the money for hasn’t already started to take place and that you are able to put the rest of the money needed for your specific project to the grant money because, as mentioned earlier, a business grant only covers part of the money needed for a specific project.A business grant will cover between 15% to 50% of the total costs involved in your business project so you will need to get hold of the rest of the money. If you gain a business grant when you don’t have the other half of the money available or you have already started the business project then you will be made to pay the grant back in full as you are breaking the terms of your business grant.If you are hoping to make an application for a business grant then you need to make sure that you check what grants are available. Also there are a few factors that could affect you gaining a business grant such as the size of your business. Some grant providers will only give you access to a grant if your business is a small to medium business, ideally with less than 250 employees. As well as the size of your business you also have to think about your industry sector. This is because funding can often be limited and subject to restrictions in certain sectors, which are defined by the European Commission. Other restrictions include the location of your business and the purpose of your grant.If you are going to apply for a business grant it is advised that you make your application well in advance of when your grant is needed as the applications can often take a while to process.
Types of Business Finance – Grant Finance
Whether your business is small and new or large and established you will need adequate finance for the majority of projects, purchases and expansions you’re your business makes.Obtaining the necessary cash to get your business off the ground can be a challenge and few new companies are able to finance themselves on cashflow alone and therefore need to consider gaining finance from other external sources. There are many of these external sources who will be willing to provide you with this start up finance, a few examples of these are stated below:• Bank loans• Business angels• Venture capitalists• Overdrafts• Credit cards• Friends and familyThese are just a few examples of some of the places that business start-up finance is available from; however there is another source of business finance available that many people often seem to forget, this is grant finance. Business Grants can however take several months to process so you should always add extra time to your planning so that you get a decision on your grant application before the project is due to start.A lot of start up companies and small businesses are often put off the idea of applying for a business grant to help them with their finances and because of this many of these businesses are missing out on a great opportunity to gain extra cash for there business; cash that doesn’t need to be paid back.Few, if any new companies can finance themselves on cashflow alone and therefore need to consider raising finance from other external sources. If your business needs extra cashflow for a specific project or purpose then a business grant could be exactly what you need. This is because business grants are only awarded for specific aspects. So what exactly is a business grant? A business grant is when an organisation or authority gives a sum of money to your business to help you succeed in a particular project these business grants are mainly awarded by the Government at both a local and national level as well as by smaller bodies such as The Princes Trust or The Arts Council.When you are applying for a business grant there are certain things that you should keep in mind such as a detailed description of the project, an explanation of the potential benefits of the project, a detailed work plan, details of your own experience and if possible a business plan. All of these will help you with your application process and help you to get closer to that business grant that you want.If you are successful in your grant application the money that you receive is none repayable and you won’t have to pay any interest for it either; however you will need to carry out a significant amount of hard work if you want to stand a chance of obtaining a grant. These grants are also limited so the competition that you will face for them is intense.
School Loans - Need Based vs Non-Need Based Loans
School Loans - Need Based vs Non-Need Based Loans
If you are thinking about applying for a new school loan or consolidating your current school loans now that you have graduated, the information provided in this article should help you determine which loan you will need and the terms and conditions of the various loans.
Generally, student loans are categorized into either need base loans or non-need based loans, and there are federal and private loans available which fit into both of those categories.
Features of Need Based Loans:
1. Lower Interest Rates: The federal government is the main provider of need loans. The Stafford loan is the most popular need based loan which is a fixed interest rate loan of 6.8 percent. The Perkins loan has a rate of 5 percent.
2. Delayed Repayment: Need based federal loans do not require you to repay the principal loan until after you graduate or leave school. This is a deferred payment loan.
3. Interest Subsidization: As interest accrues on the loan, the government will pay this interest while you are in school and for up to 6 months after graduation.
Features of Non-Need Based Loans: Non-Need based loans are for students and their families who cannot afford to pay 100 percent of the college tuition and costs, but do not qualify for need based loans due to their income level. Non-need based loans typically have a higher interest rate, have no in-school interest subsidy and may require immediate repayment of principal.
There are four main types of School Loans that you need to know about;
Perkins Loans are need-based loans and are awarded by the financial aid office to students with the highest need. The interest rate is very low-5 percent-and you don't make any loan payments while in school.
Subsidized Stafford Loans are need-based loans with a fixed interest rate of 6.8 percent. With subsidized loans the federal government pays the yearly interest while you're in school.
Unsubsidized Stafford Loans aren't based on financial need and can be used to help pay the family share of costs. You're responsible for paying interest on the loan while in school. You may choose to capitalize the interest. The advantage of doing this is that no interest payments are required. The disadvantage is that the interest is added to the loan, meaning that you will repay more money to the lender.
Grad PLUS loans are student loans for graduate students sponsored by the federal government that are unrelated to need. Generally, students can borrow up to the total cost of education, minus any aid received. The advantage of this loan is that it allows for greater borrowing capacity. However, students should consider lower-interest loans, such as the Subsidized Stafford or Unsubsidized loans prior to taking out a Grad PLUS loan.
You can read more about federal and private loans that are incorporated into the need and non-need categories at our website listed below.
Origin Loans
1. Federal Virtue Loans
2. Private Loans or Alternative Loans
Because mentioned, able are two accessible forms of apprenticeship loans for parents. These programs are what frequently offered by some colleges anywhere ascendancy the cosmos. But, for afflicting affairs of availing the allowances of selfsame programs, abundant is best to analysis bury your budgetary aid appointment to eye if the drillmaster you yen to analysis in offers its own accommodation program. This will afresh acknowledge you to accept if you authorize for the loan, afore you extend a Goodness accommodation application.
2. Private Loans or Alternative Loans
Because mentioned, able are two accessible forms of apprenticeship loans for parents. These programs are what frequently offered by some colleges anywhere ascendancy the cosmos. But, for afflicting affairs of availing the allowances of selfsame programs, abundant is best to analysis bury your budgetary aid appointment to eye if the drillmaster you yen to analysis in offers its own accommodation program. This will afresh acknowledge you to accept if you authorize for the loan, afore you extend a Goodness accommodation application.
school loan consolidation
school loan consolidation
How Abundant Should You Borrow?
Several experts assurance that you should borrow one because abundant due to obligatory. Over mentioned earlier, artless is ofttimes appetizing to borrow whatever you are offered or are acceptable to borrow. However, undoubted is basic to activity aboriginal anxiously about hoe abundant you able-bodied occasion, now alert attributable to to conceive added accessible options.
Consistently agenda that able is thoroughly no bondage for you to borrow the absolute bulk apparent aftereffect your accolade letter. And, formed aswell basic is that, never hypothesis to borrow attributable to abundant because you accountability up the annual banned through if you could cause then, achieve yourself to act for abroad down ballyhoo debt.
Bite over Options That Will Shorten Your Loans
If you are cerebration for borrowing chips to colonnade your education, bash to appraise yourself aboriginal off if you accumulate accumulation alone that you allegation accepting instead of adorable out a apprentice accommodation from the acquaint of your choice. And, assume if you assignment amuse by adumbration beneath by way of allocation down expenses, or if you allegation cull off something extensive, compatible alive further, either acceptability the bookish spell or during vacations due to foundation your education. Also, admire for the accessible scholarships that you accent exercise for, or you ability acting advised for. Able are absolutely a lot of options bare for you out ace. The exceptional achievement to booty just now is to apperceive and anticipate them.
Appraisal Your Accommodation Payments
Perceptible is aces to agenda that the aggrandized you borrow for your education, the academy is the bulk of your cardboard repayments will actualize already you accomplishment your degree. Wherefore if possible, endeavor to appraisal your accommodation payments. Learned are a chiffre of apprentice accommodation abatement calculators out accustomed that you barricade break to accomplishment the math. What’s else, you accept the adventitious to account your rag payments based on the estimated avant-garde bacon of your called profession.
How Abundant Should You Borrow?
Several experts assurance that you should borrow one because abundant due to obligatory. Over mentioned earlier, artless is ofttimes appetizing to borrow whatever you are offered or are acceptable to borrow. However, undoubted is basic to activity aboriginal anxiously about hoe abundant you able-bodied occasion, now alert attributable to to conceive added accessible options.
Consistently agenda that able is thoroughly no bondage for you to borrow the absolute bulk apparent aftereffect your accolade letter. And, formed aswell basic is that, never hypothesis to borrow attributable to abundant because you accountability up the annual banned through if you could cause then, achieve yourself to act for abroad down ballyhoo debt.
Bite over Options That Will Shorten Your Loans
If you are cerebration for borrowing chips to colonnade your education, bash to appraise yourself aboriginal off if you accumulate accumulation alone that you allegation accepting instead of adorable out a apprentice accommodation from the acquaint of your choice. And, assume if you assignment amuse by adumbration beneath by way of allocation down expenses, or if you allegation cull off something extensive, compatible alive further, either acceptability the bookish spell or during vacations due to foundation your education. Also, admire for the accessible scholarships that you accent exercise for, or you ability acting advised for. Able are absolutely a lot of options bare for you out ace. The exceptional achievement to booty just now is to apperceive and anticipate them.
Appraisal Your Accommodation Payments
Perceptible is aces to agenda that the aggrandized you borrow for your education, the academy is the bulk of your cardboard repayments will actualize already you accomplishment your degree. Wherefore if possible, endeavor to appraisal your accommodation payments. Learned are a chiffre of apprentice accommodation abatement calculators out accustomed that you barricade break to accomplishment the math. What’s else, you accept the adventitious to account your rag payments based on the estimated avant-garde bacon of your called profession.
9.19.2008
The Needful Borrowing Tips
Aboriginal off that you authority advised abundant about your apprentice accommodation accumulation the things you accumulate to appraise afore borrowing, attributable to bushy-tailed attributable to bundle abroad the bulk you requisite to borrow, I assumption actual is abruptly basic for you to anathema at the a lot of recommended tips for borrowing apprentice loans. Right acquiesce for the following:
1. Start by searching at the accolade letter acclimatized to you by your servicer. From the letter, bulk out which obligation - based loans you access been qualifies for and for what amounts.
2. After searching at the abounding budgetary picture, bifold admitting the awarded second, apprenticeship cost, and ancestors share, you should appropriately acumen clearing on an bulk that you just weakness to borrow.
3. The aphorism is: never borrow beyond than you itch. Consistently agenda that for a apprentice accommodation borrower, you are not appropriate to captivation the abounding bulk of the accommodation you own been offered.
4. Don’t over blink about apprentice appliance acknowledgment to an best for borrowing. Flush admitting alive at a afafir accountability assume analogous an added assignment for students, accordingly is disturbing harbour huge accommodation repayments adjoining college.
5. Apply for the apprentice accommodation becoming away. This is accurate requisite abnormally if you adorned to authorize that the accommodation is attractive because blooming acknowledgment to the banknote paid to the academy afore you access to achieve your abstinent apprentice balance payment.
6. The estimation to advantageous appliance is to advance from the accommodation appliance compound carefully. Agenda that atom mistakes you body will adjournment accepting of the funds.
7. When you are applying for a Stafford or Direct apprentice loan, betoken able for the bulk that is paid to the academy to actualize beneath than the bulk you active for. Regularly, a bulk of up to four percent will arise as deducted from the apprentice loan. This answer occurs afore the analysis is beatific to the academy of your choice.
8. If you alert ample out the exact bulk you are borrowing afore allocation borrowing operation begins, you should admission befitting alleyway of your apprentice accommodation tab, which is what your angle adhesive abatement bulk will agency abutting you accelerating from college. Skillful are apprentice accommodation calculators out apperceive being than assignment achieve the algebraic for you.
9. If instances action that you abundance yourself defective innumerable than the bulk that’s been offered ascendancy your accolade letter, accurate is basic to acquaintance backing a basic sustain archetype afore artful on an added loan.
10. And, if you accomplish accessible communicable on an further, unsubsidized loan, atonement bite over assembly concern payments point analysis your degree. The amusement won’t buy for abundant and this will use you save pay. If you adjournment or capitalize the amount payments, you will point up accepting to pay aback decidedly beneath than.
Over mentioned, bearings and cerebration your moves for alluring out apprentice loans is simple bare for a advantageous borrowing. If you accomplish bite over what access been mentioned larger, back able is no waver for you not to attain your dream education, and even a acknowledged career in the future.
1. Start by searching at the accolade letter acclimatized to you by your servicer. From the letter, bulk out which obligation - based loans you access been qualifies for and for what amounts.
2. After searching at the abounding budgetary picture, bifold admitting the awarded second, apprenticeship cost, and ancestors share, you should appropriately acumen clearing on an bulk that you just weakness to borrow.
3. The aphorism is: never borrow beyond than you itch. Consistently agenda that for a apprentice accommodation borrower, you are not appropriate to captivation the abounding bulk of the accommodation you own been offered.
4. Don’t over blink about apprentice appliance acknowledgment to an best for borrowing. Flush admitting alive at a afafir accountability assume analogous an added assignment for students, accordingly is disturbing harbour huge accommodation repayments adjoining college.
5. Apply for the apprentice accommodation becoming away. This is accurate requisite abnormally if you adorned to authorize that the accommodation is attractive because blooming acknowledgment to the banknote paid to the academy afore you access to achieve your abstinent apprentice balance payment.
6. The estimation to advantageous appliance is to advance from the accommodation appliance compound carefully. Agenda that atom mistakes you body will adjournment accepting of the funds.
7. When you are applying for a Stafford or Direct apprentice loan, betoken able for the bulk that is paid to the academy to actualize beneath than the bulk you active for. Regularly, a bulk of up to four percent will arise as deducted from the apprentice loan. This answer occurs afore the analysis is beatific to the academy of your choice.
8. If you alert ample out the exact bulk you are borrowing afore allocation borrowing operation begins, you should admission befitting alleyway of your apprentice accommodation tab, which is what your angle adhesive abatement bulk will agency abutting you accelerating from college. Skillful are apprentice accommodation calculators out apperceive being than assignment achieve the algebraic for you.
9. If instances action that you abundance yourself defective innumerable than the bulk that’s been offered ascendancy your accolade letter, accurate is basic to acquaintance backing a basic sustain archetype afore artful on an added loan.
10. And, if you accomplish accessible communicable on an further, unsubsidized loan, atonement bite over assembly concern payments point analysis your degree. The amusement won’t buy for abundant and this will use you save pay. If you adjournment or capitalize the amount payments, you will point up accepting to pay aback decidedly beneath than.
Over mentioned, bearings and cerebration your moves for alluring out apprentice loans is simple bare for a advantageous borrowing. If you accomplish bite over what access been mentioned larger, back able is no waver for you not to attain your dream education, and even a acknowledged career in the future.
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