Archive for November, 2010

Most small business owners and MLM business builders are aware that they need to closely monitor their cashflow, i.e. income and expenditure. Considering that most home business owners suffer from inadequate capital, they sure realize that any failure to plug non-essential expenses will spell doom for their business.

But many overlook the vital role that time management can play in their business growth. The saying that time is money holds true for all businesses.

But for home business owners who typically lack the luxury of delegating tasks to others, this saying takes on even greater meaning. As a small business owner, a failure to properly manage time resources can have devastating impact on both you and your business.

Managing time can often prove very challenging considering that besides the interests of your business, there are several other things begging for your attention. But by tracking and organizing your activities each day, it is possible to manage your time in ways that helps you to accomplish more with your business.

Proper time management can also help free up sizable amounts of time each day and each week for you to use as you please—for leisure, family, or social engagements.

Whether big or small, every business has the potential to be more efficient than it currently is if only the owners learn ways to properly manage available time. There are quick and easy ways to achieve this. In this article, we’ll look at 4 specific ways of managing your time as a small business owner:

Track Your Activities: Beginning from the time you wake up in the morning, try tracking all you typically do in a given day. Do this for a few days. Now, determine what portion of your time is spent each day on things that don’t help your business in any way—such as doing facebook, reading emails from friends, or just surfing the net. Most people usually discover that a large chunk of their time is wasted each day on activities that add no value to their business.

Organize Your Tasks, Set Priorities: Organizing the tasks that need to be performed will help you have a clear view of the size of the task, and hence, the amount of time it will take to accomplish each. Next, arrange the tasks in their order of importance.

That is prioritizing. And the importance of prioritizing is that as useful as all tasks may appear, a critical examination of each of them will reveal that some are more critical than others. So perform those tasks on whose success the remaining ones depend. Then attend to the less urgent or less important bits of tasks much later.

Have a Calendar: some business owners report that having a specific calendar just for business use allows them to separate business duties from personal activities. This again helps them to focus more on official commitments.

You should also use your calendar to record time spent attending to specific customers and suppliers. Thus, if you discover that meetings or conversations with particular customers repeatedly over run, that would suggest that you should allocate a little more time when next you have an appointment with them.

Do Not Procrastinate: Yes, it’s often been called the thief of time. And it sure steals sizeable time from those who postpone till tomorrow what should or could be done today. So having organized your tasks, and having arranged them in order of importance, don’t unilaterally put off the execution of stipulated tasks. Also ensure that those working with you deliver on their duties.

Managing your time in this way is the surest way to put your business on the path of growth. It will also affect the way you feel about yourself when you know that you have a firm grip on the affairs of your business, rather than leaving things to chance.

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Here are some Great MLM Tips. One sure way to improve your success rate as a network marketer is to develop the skill of talking to strangers. This skill will also spice up your social life.

But talking to strangers happens to be one habit that doesn’t come naturally to most persons. At the root of the problem is the fact that we were trained as children to beware of strangers. Of course, at the time, this was a wise precautionary measure.

But avoiding strangers as adults will do you more harm than good. It can seriously limit the number of persons you can meet and interact with. And what sort of success can you have as a business person if the only persons you market to are family members and a handful of friends? What if you’ve just moved to a new area where you hardly know anybody?

So you’ll agree that talking to strangers is one skill you just have to develop. Fortunately, this skill is easy to develop. And once you get started and begin to see the benefits, you’ll be excited and encouraged to keep going.

Now, what will help you to overcome your fear of talking to strangers? Three things: Consider the gains of talking to strangers. Learn how to deal with rejection. Break down your fears through practice.

The Benefits: Each individual represents a wealth of information waiting to be tapped. What they tell you about themselves and their world view can either reinforce or challenge your personal views. And unlike close friends and family members who often fear hurting your feelings, strangers are more objective when they tell you things about yourself.

And as you observe the ways people genuinely react to your interactions, this will form a wealth of experience which will help you to further develop your social skills.

Talking to strangers also opens up for you a large door to relationships—business contacts (remember that who you know is more important than what you have on your resume), friendships, mentors, and romantic relationships. Isn’t it true that the most cherished dream of most persons is to meet their ideal partner?

But so very often, people freeze with fear when they meet someone they’re attracted to. How can a person find love with that mentality?

Dealing With Occasional the Rejection: This should be easier now that we have seen the immense benefits of talking to strangers. The first key in dealing with rejection is to not take it personal. Let me even start by saying that most persons are actually disposed towards friendly conversations.

So at times when they turn cold shoulders, it often has nothing to do with you as a person—another reason why you shouldn’t take it personal. They may just be having a bad day. Or a stranger might have harassed them before.

Even if you discover that you’re responsible for the way the person has reacted, learn from it. Think of what you didn’t do right—your approach (maybe you were too pushy. So next time start gradually), your facial expression, your dressing, etc. Thinking about things in this way will help you to improve your success rate and overcome your fears of talking to strangers.

Overcome Your Fears Through Frequent Practice: Getting started is often the hardest part of talking to strangers. Once you form the habit of striking up conversations with total strangers, it begins to feel less nervous. Your conversations will become smoother, and you’ll become more likable. Just don’t get discouraged.

You could start by commenting on something or commending someone for what they’d said. Keep things brief at first, and chances are that people may be willing to chat.

Talking to strangers is a habit we all must develop. It can change your life for the better. It puts you at ease each time you meet new people. Overcoming these fears will also give you greater control over your social, business, and love life.

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Do you find it hard to learn and remember names? It’s been said that a person’s name is one of the most precious words in the world to them. And that explains why calling people by their names remains one of the quickest ways to build rapport with new contacts.

But to call people by their names, we first need to remember those names. And if you are like most persons I’ve met, you’ll agree that this often presents a serious challenge—remembering the names of the people we meet.

In a short while, I’ll give you some tips on how to remember the names of those you meet. First though, let me give you more reasons on why the effort put into remembering names is well worth it.

The greatest reason we need to remember people’s names is that people are important. They may just be acquaintances, friends, friend of a friend, or potential clients, such as members of your email list.

And unless we are able to address them by their personal names, we can’t lay any claim to being close to them. And without a measure of closeness to an individual, every conversation must necessarily be on a fairly formal plane.

If you are a marketer of any product, such persons whose names you don’t know or remember automatically become cold contacts. And we all know how hard it is to market to such group of persons.

So you’ll agree that in order to be able to interact with a person on a personal level, then a level of friendship must necessarily exist between the two of you. And the first step in building such friendship is to call the person by their name the very next time you talk to them.

Now, on to the main task: how to learn and remember names of people. I’ll give you 5 tips here. But note that some may work better than others, depending on the core reason why you tend to forget. It defers from person to person, which is why tip 1 may be my best bet while yours could be tip 4, for example. But here are the 5:

Take An Interest: Unless you are truly interested in a person (or anything else for that matter), their name wouldn’t be that important to you. so generally, interest is a necessary factor in memory improvement.

Make it a habit therefore to pay attention and show a measure of interest in the people you meet. And try recalling the name a few seconds later. That way, the name gets registered in your long-term memory.

Repeat After Me! Well, not really after me. But immediately after hearing the name mentioned, the very next sentence from you must include that name. And it’s been proven that “it’s nice to meet you, Sandra” works better for your memory than “Sandra, it’s nice to meet you.”

Saying someone’s name right after the person mentioned it, as in the second example, is a rather automated and mindless ritual that hardly involves any mental effort, and thus doesn’t aid recalling the name later.

Repeat Again! But you have to be careful here. You don’t want to sound like a psycho or a pushy salesman, which is what happens when you overdo it. However, the truth remains that people like to hear someone say their name. And saying it at reasonable intervals helps you to remember it later.

Comment On The Name: Say something about the name, “what a nice name you’ve got” (if you sincerely think the name is nice). Or ask how the name is spelt, again depending on the name, so you don’t sound like you didn’t finish high school! (But compare Steven and Stephen). The aim really is to help etch the name on your memory.

End The Conversation With That Name: This is the best way to any conversation anyway. As you see this is nothing elaborate. Could just be a simple “Steven, it’s been nice talking to you.” This again serves to sink the name into your memory, while at the same time letting the person know you cared enough to still remember their name.

So there you have them, the 5 tips. The key again is to use the ones that work best for you. In fact you can use all 5. And the more often you use them, the more remembering names will become an automatic process for you.

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Be Happier, Achieve More—Daily Success Rituals

We all have things in our life that we would like to accomplish. But so very often, we fail to do so, mainly because we do not adhere to a plan.

Establishing and following a regular pattern of actions helps a person to stay the course and move steadily toward the attainment of their cherished goals.

A success ritual doesn’t have to be anything earth-shaking; just something you have reason to believe will help point your life in the direction you want it, and which you religiously adhere to everyday.

Creating positive rituals also requires that you establish goals and focus on them each day until they gradually become a ritual, something you do almost as effortlessly as breathing. It is helpful at the initial stage to start with something small, and to gradually scale things up once your daily ritual has helped you to attain your fairly modest goals.

In this way, you build confidence in yourself that you can stay focused and accomplish whatever goal you set for yourself.
Your rituals should also include daily habits that help you stay positive.

These should include a determination to be thankful for what you do have, to enjoy the pleasures of life and permit others to have their own joy too, and a determination to always think and feel like a winner.Let’s talk a little more about the three points above.

Be Thankful. It is so easy to drift into a life of bitterness and complaints. At the root of such pattern of life is a deep-seated dissatisfaction with our status in life.

When a person feels that they are disadvantaged in so many ways, it’s easy to feel bitter with everyone, starting with themselves. To curb that, we all need to remind ourselves that no matter what problems a person may be facing, there is always something for which to be thankful.

So follow the ritual of counting your blessings each day. Don’t dwell on negativity. If you consider the good things you have, whatever problems or challenges you face soon pales into insignificance.

Then Enjoy Your Life the best way you can, without endangering your health, of course. Eat good meals. Cherish the times spent with friends and family members. Be a good company for others. Tell yourself each morning that no matter what happens in the day, you’ve decided to respond in a positive manner.

Genuine happiness also involves sharing in the joy of other people. So, are you in a competition? Congratulate and rejoice with the winner!

Feel Like A Winner Each Day. No, you won’t win in everything you do, nobody does. But the idea is that you should always feel like someone who can achieve anything, one who is capable of winning every ‘fight.’ To feel like a winner each day, you must try to stay healthy, honest, a person of value, and one who is knowledgeable, dependable and excellent with the jobs he handles.

Rituals are nothing more than daily habits that we have picked up over the years. They could be either positive or negative. The good thing is that a person can decide to create positive rituals and eliminate the negative ones.

Rituals are powerful tools for improving our results in practically every area of life, including business life. Start using daily success rituals today. They will improve the quality of your life and make it easier for you to accomplish your goals.

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4 Tested Ways to Build Self-Confidence

Do you need to build your self- confidence? How self-confident do you consider yourself to be? Are you comfortable with yourself and who you are? Do you have a strong belief in your own abilities? Or do you sometimes wish you were more self-confident than you presently are?

Regardless of where you are at the moment, self confidence is one quality every person must have. It is vital to both happiness and success in life. A substantial level of self-confidence helps a person to confront and overcome challenges, whereas a lack of it makes a person to easily give up in the face of obstacles.

This is because a self-confident person believes they have what it takes to achieve whatever goal they have set for themselves. Whereas one lacking in it doubts their own abilities—they’re not sure they’re quite good at anything. Thus in the face of even minor challenges, they snap.

Fortunately, self-confidence is one quality that can be developed, even if a person has none to begin with. But it won’t happen overnight, anymore than self-doubt happened overnight. Series of events and series of interpretations of those events and happenings in a person’s life often combine to make a person have doubts in their abilities and individual worth.

Similarly, series of reverse steps will be required to rebuild (or maybe even build from scratch) a person’s confidence level. From my findings, the three steps below are among the most effective processes of building self-confidence:

From Today Onward, Be Positive: Do not pity yourself anymore. And do not court the pity and sympathy of others. Don’t let anyone make you feel inferior or worthless. The way to avoid this is to never hate or belittle yourself before onlookers.

Instead try and speak positively about yourself, about your future and about your accomplishments (there must surely have been a few things you did well in the past!). And do not be afraid to project whatever talents or abilities God has blessed you with. When you act in this way, your subconscious mind takes note of this mindset and works in a way that reinforces your positive growth.

Identify Your Fears, And Accept Them: Try and identify exactly what it is about you that you do not like. No, not all of it can be erased or wished away completely.

But again that’s not even necessary. Your purpose for picking out the main cause of your self-doubt is to look at them and tell yourself that they’re not enough to hold you down.

Accept yourself the way you are. Accept your past and believe you can successfully work to improve your present circumstances and shape your future.

Be Kind To Yourself: Remember that nobody has it all. Even the most confident person you can imagine has their worries, their insecurities. But they have learnt to de-emphasize those ugly spots. Do the same thing with your faults. Play down those areas in which you’re lacking. Put your best foot forward—harp on your strengths, and your confidence level will shoot up.

Appreciate Your Successes: Every person is good at something. Take pride in those things in which you excel. Also find ways to further develop those abilities. Even if at present you can’t name any activity in which you truly excel, then take the time to learn those things others do which you admire and wish you could do.

But it must be something you truly love doing. Meanwhile, gracefully accept sincere compliments each time you are commended for something you did well, even if you didn’t think you’d done anything fantastic.

The process of building your self confidence will take time. But it is achievable. Maybe this next thought won’t help you much, but I must also tell you that the whole world isn’t watching you, as if to take note of when you go wrong or fail. Far from it.

They all have their own worries to care about. This should feel liberating because feelings of self-doubt and insecurity are sometimes caused by an unjustifiable belief that people everywhere are watching to see us fail. Knowing that this isn’t so should free you to focus on the task of building your self confidence.

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