Category: Business

  • Entrepreneurial Mind Frame

    Entrepreneurial Mind Frame

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    Entrepreneurs make up only about 15% of the working population in the US. Far fewer actually succeed than those who attempt to become self employed business people and venture out on their own. So what makes people decide to take the entrepreneurial path, when so few actually make it a reality?

    Is the American dream a possibility for anyone, or, does it take more than most to become a successful entrepreneur?

    The success of an entrepreneur does depend on their mindset. A large percentage of business owners will quit in their first five years in business. What is needed is the fortitude and belief that goes with attaining success.

    Entrepreneurs are risk takers and dreamers. The difference between the dreamer and the entrepreneur though, is that the entrepreneur takes actions based on their dreams. They persist through the hardships and never give up! Many entrepreneurs start with an idea. Their success is determined by their belief that they can create something greater than simple monetary success. Often, it is about creating something which will benefit the world.

    James Dyson, for example, came up with the idea of the bagless vacuum cleaner. Despite multiple set backs, over 5000 prototypes and not being able to get any manufacturers or distributors to accept his idea, he persevered. It was over a decade after his initial idea when his concept came to fruition. Even then, it was after a lot of difficulties and hardship due to the vacuum replacement bag industry, which was worth £100 million in the UK.

    In Simon Sinek’s book ‘Start With Why’, he suggests that the biggest companies in the world are so because of their “why?” – their reasons for building a business in the first place. In all cases, it wasn’t just to make money, or make technology better, or some whimsical ideology.

    The Wright Brothers, for example, became known as the pioneers of the first manned flight. But their competition was much better funded and well connected – Samuel Pierpont Langley had worked at Harvard, had a number of powerful connections, including Andrew Carnegie and Alexander Graham Bell. The War Department funded his project with a $50k grant, a seemingly massive advantage to the unconnected Wright Brothers who had no money or influence. However, their passion and devotion to change the world with this new technology drove them to attain the first flight in history in 1903.

    Desire for material things and monetary wealth can only carry someone so far. Unless you have a goal or passion which is bigger than that, you may lose the momentum and fail to maintain your enthusiasm for any length of time.

    The entrepreneurial mindset is one which taps into your purpose. Without a purpose driven goal or aim, it can’t take long before disillusionment kicks in. With a mindset which takes into account a larger purpose, entrepreneurs can build huge businesses because they ‘saw’ a vision of what they wanted to create. If the purpose is greater than the obstacles which lie in the path of attaining it, no amount of setbacks will stop you from achieving your goal.

    On the other hand, if you set out to do something and something gets in the way and stops you, your initial reason, (your “why?”), may not have been strong enough to endure all the battles along the way.

    Entrepreneurial mind frame (or mindset) therefore, must be aligned with both your vision, your values and your purpose. If your values are not in alignment with your purpose and vision, you’ll come up against road blocks which will stop you from achieving your goal.

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    Source by Tim Halloran

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  • Why You Might Not Be Right For Affiliate Marketing

    Why You Might Not Be Right For Affiliate Marketing

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    Affiliate marketing is a business model which rewards ‘affiliates’ for the promotion of other people’s products on the internet. By sending website traffic to various products and services, affiliate marketers can earn a living from the sale of goods and services on the internet.

    But not everyone is cut out for this kind of work. It involves working by yourself for quite a bit of time. There’s various technical skills you’ll need to learn such as website building, running adverts and connecting various software together to make your online business work.

    Even though there’s been huge leaps in technology lately, meaning there’s less technical hassle involved, some people just won’t have the patience for this. Even if you find a community of help and support, there’s still a lot to learn and it isn’t for everyone.

    Expect to work between 6 months and a year before you see any results at all, too. This is pretty tough, especially if you don’t fully believe in what you’re doing. There’s a fair amount of trial and error with affiliate marketing. Most people will give up too early and never see the fruits of their efforts.

    For those who stick, there are great rewards to be earned. But they are earned. Not in the conventional way of earning money by trading your time for it, but in overcoming barriers to success. You need to have a fair amount of tenacity and patience. It’s not like a job where you get paid every month initially. So, if you’re used to trading time for money and getting paid every month, don’t give up the day job just yet!

    Affiliate marketing is a business and not an employment. You need to drop any entitlement attitude which may be buried in your mind. You can’t expect any reward unless you actually have had it! If something isn’t working, you need to take stock and change your habits. It took me years before I saw any tangible results from affiliate marketing. I just refused to quit!

    There are of course faster ways to benefit from affiliate marketing. Getting the right training and education from the start can make the most difference. If you’re going the wrong way, no amount of hard work will matter. I spent quite a bit of time here, being a busy fool; not knowing that what I was doing wouldn’t yield any results at all. I did many online training courses before I found the right one.

    There’s a lot of mental challenges too, when it comes to making an internet business work. Some people are in a better place to face these than others. If you’ve already run a business, for example, you’ll have a better understanding of an online business. For years I thought I could just concentrate on the activities which I enjoyed. I later realised that this was what held me back. You need to learn and grow with your business; otherwise the glass ceiling of your business will always be you.

    Who do you hang around with? There’s a saying that your income can be determined by the average of your 10 closest friends. Again, this can have massive implications on whether your internet business is successful or not. Who do you listen to and ask advice from? Is it business leaders who are making 6 figures? Or, more likely it is someone doing a regular job who is massively sceptical of anything different.

    How do you perceive yourself? Self image has a lot to do with success too, whatever area of life you want to be successful in.

    Affiliate marketing is a great business model. But not everyone will see this. If your circle of influence is sceptical of it, chances are this will rub off. It’s very difficult building a business if part of your mind doesn’t believe in it, or in yourself.

    Then there’s the obvious monetary barriers to entry. When I started looking at affiliate marketing I was in a lot of financial trouble. I had a very deeply ingrained poverty consciousness, and real financial hardship. So a lot of affiliate business courses and software were out of reach for me. I started with the cheaper ones and as a result made slow progress. I wasn’t able to use paid marketing strategies, so I had to use content marketing. This takes a long time and results are never guaranteed.

    If you’re trying to build a business and simultaneously fighting with a massive poverty consciousness and are terrified about spending even a tiny portion of what you have, I wouldn’t recommend affiliate marketing.

    There’s a saying in the trading world “Scared money is lost money”. The same can be said of affiliate marketing. If you’re using money for your business which you’re terrified of losing, you’re much more likely to lose it.

    On the other hand, if you can afford to spend some money each month on your business, and grow it slowly, your chances of success are far greater. Starting with an income already is really a necessity with an online business. It’s hard building stability in a business on shifting sand.

    When I started affiliate marketing, I didn’t have regular work. As a result, I concentrated on the activities which were free to do. This is a very slow tactic. Although I eventually made progress, it was much slower than the affiliates who use paid marketing and start in employment. It’s not impossible, but very slow.

    Saying that, I also think that if you’ve got time, and little money, then affiliate marketing is a good thing to focus on. You just need to find strategies which match your own specific situation and circumstance.

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    Source by Tim Halloran

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  • Different Types of Direct Marketing Lists

    Different Types of Direct Marketing Lists

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    Direct marketing delivers your marketing message directly to a group consumers or businesses on a personalized level (such as a telephone call or via a personal email message). It’s a form of marketing that provides the recipient with a direct call to action. The following are the three main types of direct marketing.

    Mailing Lists

    Direct mail is one of the most common forms of direct marketing and an essential part of an integrated marketing campaign. Companies promote their products and services with a provocative mailer. Direct mail campaigns provide your prospects with a tangible piece of mail to read at their leisure. Direct mail campaigns are extremely effective and when they are personalized and customized to a specific target audience can have great response rates.

    Telemarketing Lists

    Telemarketing is the process of calling prospects on the phone to promote your products or services. This can be done using your own sales staff or by subcontracting out to a call center. Telemarketing is vital in creating brand recognition, building customer relationships, nurturing leads and of course, closing sales.

    Even with its bad reputation, telemarketing still plays an important part of any direct marketing campaign. Telemarketing is personal and interactive, and capable of providing an immediate response. As effective as telemarketing is, you need to be sensitive to your prospects’ willingness to receiving unsolicited phone calls.

    Telemarketing campaigns work best when the telemarketing lists are highly targeted, with accurate data that matches your current customer’s profiles.

    Email Lists

    Email marketing is an effective way of reaching out to new prospects or following up with existing customers. Email marketing is extremely versatile, and you can easily customize your marketing messages to various market segments, or for prospects in different stages of the sales funnel.

    Email marketing can be used to nurture customer relationships, provide company and product information, drive website traffic and to promote direct sales. The emails can be as elaborate or as simple as needed.

    Most people check their emails on a daily basis, making email a very effective marketing method for your business. However, email marketing should be used responsibly, and it is extremely important to have your customers’ consent before sending emails.

    The most successful direct marketing campaign will use a mix of marketing methods. Repetition is very important in any type of marketing efforts. The more you can get yourself out in front of prospects, the greater the chance of being remembered. Try a direct mail campaign with a telemarketing follow-up or an email blast in conjunction with a direct mail campaign. A Multi-Channel campaign also allows your prospects multiple ways to communicate back to you.

    Regardless of the method, the key aspect in any direct marketing campaign is the ability to target the marketing message to a specific audience. With properly defined target market, you can deliver your message directly to those who have a greater probability of purchasing from your business. This allows businesses of all sizes focus their marketing budget and resources where they’re most likely to get results.

    It’s very important, before starting any direct marketing campaign, that you understand the different regulations governing each method of communication. The responsibility is yours to make sure you are compliant. Legitimate list brokers and managers should be able to confirm that the lists they are providing comply to the various rules and regulations. If you are uncertain, do not hesitate to ask.

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    Source by Greg Rubin

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  • How to Generate Small MLM Business Success

    How to Generate Small MLM Business Success

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    Success doesn't come to those who wait, it comes from hard work. There are key steps in a MLM business that one can take to make the work easier. There are no fool proof methods, only experience and experimentation can help in the end. The tools offered here may help some business owners achieve results. But, as with any tool, it can only be used as a general foundation that should be built upon. Even a house needs a little work or remodeling as the family grows or shrinks from like. Don't let one or two failures determine the future of the business. Learn and adapt from the situations. Two main points today include audience targeting and technology implementation will be discussed.

    Get your MLM business audience to engage
    The biggest key to your MLM business success is to get your audience to engage with your marketing. By engaging with your marketing, they are showing interest in the topics that you have researched and developed based on the "prospects" needs. Sounds problematic and it is, but take a look at why you joined the company and you can see a pattern from your steps. People around the world are facing similar issues, take dive into social media and do some research to see what other MLM business owners are talking about. Ask questions, post polls, get feedback before you launch a major campaign.

    Your MLM business will do better if you have done the leg work first. Your chances of success will nearly double if you have done your research and developed material that helps by providing extreme value. Such formats can be presented in a way that is appealing without sacrificing quality of your message. Make sure that you include a call for action at the end of your informational message. This will help guide those who are interested in learning more about your business.

    Using Technology to build MLM business success
    Technology in most aspects can enable you to achieve MLM business success. Every piece of software and hardware may present advantages for your business. There are also limitations to such tools, such as costs and parameters that may not be beneficial for your business. Engage with your audience through these tools, share your messages and go for short term achievements, as you work towards a greater level of independence. Short content that talks to your audience will do better than content that shouts at them.

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    Source by David L. Feinstein

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  • Multi Level Marketing Principles

    Multi Level Marketing Principles

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    Multi level marketing or MLM is a business model that creates an opportunity for the average person, who is teachable, and who has desire and perseverance, to earn extra income from the comforts of their home. Legitimate multi-level marketing companies usually require a small start-up cost. Multi-level marketing relies on selling to consumers and establishing a market for quality products. That is, once you have a happy customer (customer service is one of the things reps get compensated for, a potential reason it’s not easy or to everyone’s liking, and may be a reason so many don’t succeed), you can rely on repeat sales and repeat commissions. In the majority of multi-level marketing programs, commissions are paid way down the line so the more people you and your team bring on, the better.

    The multi level marketing form of business practice has received a fair amount of negative press and to be honest in some cases justifiably so. The reason for this is due to the number of pyramid schemes. Pyramid schemes, however, are not concerned with sales of the products. Pyramid sales involve schemes in which the right to sell new memberships in the pyramid are sold under the guise of selling a product. While you may find that some pyramid schemes will offer a product for sale, the product is sold from one level to another instead of selling to customers. Distributors at the bottom are then left with a large volume of overpriced goods that cannot be sold. Nevertheless, network marketing still has mass appeal to many individuals looking to escape the corporate world.

    Before you start your journey into multi-level marketing, remember the simple fact that even the most successful products will have partial market penetration. Still, some entrepreneurs have built very successful companies on this concept because the main focus of their activities is their product and product sales. Remember, no marketing plan will ever decide your multi-level marketing success. Sell yourself first, then the products and the marketing plan. Successful distributors, who have recruited and trained a large number of sellers, also have to assume ongoing wholesaling and managing responsibilities as well as making sales to their own retail customers. The most successful network marketers today are merely using their relationships to inspire others to purchase specific products. The ability to start with a program that you find interesting and beneficial to you is a key component to success.

    Indeed, network marketing by its very nature entails that all participants strive to assist each other in making a successful business to enrich the group as a whole.

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    Source by Don Downes

    Views: 0

  • 5 Tips for Improving Performance in Small Sales Teams

    5 Tips for Improving Performance in Small Sales Teams

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    In my years of experience in sales and sales management, I have observed many small and medium sized sales teams. Often, they struggle to perform at capacity and hit their goals and it's frequently a sales management issue. Sometimes it's because the CEO or business owner is the de facto sales manager and is wearing many hats. They are often just too busy running their business or spread too thin. Sometimes they're the technical experts in their field and their expertise and time is being used to improve products, systems or services. It's sometimes because a top performing sales person was promoted into a sales management role and their strength lies in salesmanship and delivering revenue to the business personally rather than in a broad sense. Below are five things you can do to improve sales management in your company now.

    1. Planning
    Many business owners have at best a rudimentary sales plan. If they do have one, often times it consists of higher and higher sales goals, without accounting for what will drive that new business. Will a new product line be added, a new market be opened or new additions made to the sales team? Will the company be able to support the added expense while markets are opened and new sales people trained? How much risk will the company bear? A good but simple sales plan takes this into consideration. Takeaway: Make a better sales plan with concrete steps to get to the desired goal.

    2. Modernize
    There are many new technologies that make it easier to interact with prospects. Among them are CRM systems, collaboration tools, the cloud, dialers, email tracking, prospect and customer information systems. Existing systems are being upgraded all the time with the newest capabilities. All are designed to more efficiently and effectively reach more buyers, disseminate information, warm them up and help make sales. Social media platforms allow a business to extend its reach inexpensively and makes your business more visible to search engines such as Google.com. Takeaway: Evaluate new technologies on a regular basis to make sure you are keeping up and modernize as needed.

    3. Training
    Training sales people serves three purposes. The first is that it provides them an opportunity to hone and refresh their skills. The second is that it reminds them that performance is important and that expectations for them performing well are high. The third is that it shows a willingness to invest in them and that they are part of the long term plan for the organization. Takeaway: Make sure you offer training to your sales people every year (a sharp ax cuts better than a dull one).

    4. Lead Generation
    All businesses need sales and most small and medium sized businesses are subject to the feast / famine paradigm. When they're busy, the first thing that gets pushed aside is prospecting for new business. Until business slows down. Then there's a flurry of sales activity and soon business is back where it should be. For a while. Most small businesses don't have bandwidth to prospect effectively in a consistent way.

    Lists should be highly targeted and refreshed regularly. Technology should be used and a proven process followed. The technology should reinforce the process rather than detract from it. Top management should enforce the use of the technology and following of the process. Utilize social media and blogging to widen your reach inexpensively. Finally, no one can be an expert on everything so get help from the professionals when needed. Takeaway: Make prospecting part of the company routine and culture and call in the experts when needed!

    5. Measurement
    You get what you measure is the old adage and it's mostly true. The challenge is top management often has a hard time pinning down the exact actions, activities and behaviors they are trying to encourage and measure. Here's a practical example. Maybe top management believes that offering free webinars will increase sales since it worked well in the past. So the goal is to run well attended webinars.

    How will these webinars be promoted to prospects and clients? Will a set of emails be sent, starting a few weeks before the first webinar? Then a prospect list with email addresses will need to be purchased and loaded and a compelling email invitation created.

    Will prospects be called and told about the webinars? Then phone numbers will be necessary, a script will need to be created and a person designated to make the calls. To track call results, an activity report should be created and run on a regular basis to test the messaging, to make sure the calls are being made and to analyze the prospect responses. Will the report be grouped by prospect type (or industry or state or city or source)? Then that data will need to be captured or imported for each prospect.

    Finally, reports should measure the success of each webinar, so that results can be tabulated. How many people registered and attended are important to measure, as well as what happened to the prospect once the webinar was complete to determine the ROI. Takeaway: Create reports that measure actions, activities and behaviors that drive sales success, run them regularly and share the results.

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    Source by Jerry Crowley

    Views: 0

  • 7 Thoughts From Scripture for Struggling Christian Business Owners

    7 Thoughts From Scripture for Struggling Christian Business Owners

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    I have seen a lot of articles that list scriptures for Christian business owners, but rarely do they have practical wisdom that goes with them. Yes, scripture can speak for itself, but when we are struggling Bible verses seem to get glossed over by our stressed out mind.

    I want to share with you seven Bible verses with seven thoughts and seven insights. I know when I am going through a tough time, it helps me to ‘hear’ from someone who understands what I am going through. It makes the Bible come to life when someone shares it from a perspective of a Christian entrepreneur.

    Worries are like butterflies, they need to be released.

    It is easy to worry. There are so many things to think about it can be overwhelming. Take heart… and mind. When we look at the way we try to handle our problems, we often leave God out of the solution. He cares about all the things you go through and is there to help when we ask Him. We must learn to release our worries to God so that He can work wondrous things for us.

    Philippians 4:6-7 “do not be anxious about anything, but in everything by prayer and supplication with thanksgiving let your requests be made known to God. And the peace of God, which surpasses all understanding, will guard your hearts and your minds in Christ Jesus.”

    Humility lets us bring others into our struggles.

    Sometimes when we get caught up in tough times we try to take on everything ourselves. We must learn to delegate and let others help us. We must bring others in to pray for us and with us. We are leaders in our business, but more than that, we are part of a faith community. God wants us to help us with our anxieties and He may have placed people in your life to do just that. We must remember that God cares for us.

    1 Peter 5:6-7 “Humble yourselves, therefore, under the mighty hand of God so that at the proper time he may exalt you, casting all your anxieties on him, because he cares for you.”

    Our reaction to our struggles defines our success.

    We don’t like to go through hard times, but when we do our reaction to those tough times can make or break us. When we redefine our struggles in light of what God is doing and has done in our lives, we find God’s power working even in the tough times.

    James 1: 2-4 “Consider it pure joy, my brothers, whenever you face trials of many kinds, because you know that the testing of your faith develops perseverance. Perseverance must finish its work so that you may be mature and complete, not lacking anything.”

    Perspectives help us define our problems.

    When we go through tough times, we get caught up thinking about all the bad things that could happen. I have an elderly lady at my church tell me, “Quit sowing worries.” If you look at your troubles in light of all the things that others are going through, your problems may seem a lot less. Across the world people are starving, being beheaded for their faith and their homes are being destroyed by bombs. How does your problem look compared to those?

    Psalm 46: 1-3 “God is our refuge and strength, an ever-present help in trouble. Therefore we will not fear, though the earth give way and mountains fall into the heart of the sea, though its waters roar and foam and mountains quake and with their surging.”

    We can praise God even when times are tough.

    David went through some horrible trials. His boss tried to kill him. His best friends betrayed him. His kids killed each other. Yet, through all of these things, he always took time to worship. He looked to God in the good and the bad. There are so many Psalms that start out talking about how bad thing are only to end by focusing his attention back to praising God for all he has.

    Psalm 37: 3-6 “Trust in the Lord and do good; dwell in the land and enjoy safe pasture. Delight yourself in the Lord and he will give you the desires of your heart. Commit your way to the Lord; trust in him and he will do this; He will make your righteousness shine like the dawn, the justice of your cause like the noonday sun.”

    Action trumps worry almost every time.

    Worrying is what happens when we are not taking action. Christian business owners are people of action. Instead of worrying about the things you cannot change, take action on the things you can. Action will lead to better results than thinking and worrying about your struggles. Take time to write out your problems, get them out of your head and plan a strategy to take care of business.

    Matthew 6:25-27 “Therefore I tell you, do not worry about your life, what you will eat or drink; or about your body, what you will wear. Is not life more important than food, and the body more important than clothes? Look at the birds of the air; they do not sow or reap or store away in barns, and yet your heavenly Father feeds them. Are you not much more valuable than they? Who of you by worrying can add a single hour to his life?”

    You have a purpose

    If there is one thing you will see over and over again on this webpage, it is the fact that you have a purpose. You are a Christian. You were created to be an entrepreneur. God placed a desire in your life to help other and you are a Christian business owner who can make a difference in the world. Go and do what God has called you to do.

    Romans 8:28 “And we know that in all things God works for the good of those who love him, who have been called according to his purpose.”

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    Source by Lyle H

    Views: 0

  • What Trading Psychology And Feng Shui Have In Common

    What Trading Psychology And Feng Shui Have In Common

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    I know, a weird title and an even weirder combination of subjects. Please bear with me for a second: I have traded since 2001. On my trading journey learned one big thing, which I call the unified theory of trading success. This thing is that absolutely everything is connected.

    Let me explain:

    Traders and humans at large are so used to thinking in boxes that we overlook the biggest, simplest law of our existence that influences how we create our (trading) success. I am talking about how consciousness works.

    Consciousness permeates everything, that’s the universal law.

    This law basically means that everything you look at and experience in your trading world is experienced through your consciousness first, before you become aware of the individual boxes which your mind has set up like a filter system, so that you can make sense of all the different experiences.

    Here is the rub: Your mind processes most of its experiences subconsciously.

    The tendency to see things as separate creates a skewed view of the world. It also makes you take the wrong action, because you act on the illusion of separation as if it where real.

    Box thinking stops you from seeing what Feng Shui and trading have in common.

    Have you ever considered that consciousness sees literally everything before you give the experience a value?

    For example: You value a good trade set up as worthy of your attention, just as you would value a nice looking beach as a motivation to develop better trading habits. Yet, you know that the beach is not your reality today, because your office is dark and it’s raining, or snowing outside. That’s your reality as you see it.

    Are you getting where I am going with this?

    You have of course seen the images of traders sitting by the beach, or driving a Ferrari. The idea behind these images, usually brokers’ adverts, is to entice you to trade with them not because they are the greatest broker, but because your untrained mind is greedy. It wants the Ferrari and the beach life style NOW.

    Almost too simple isn’t it?

    If you are an experienced trader, or an experienced investor you will know how these “little” desires which run deep inside the emotional part of the brain influence your behaviour.

    Imagine how your trading mind would relax if every time it steps into your trading room, it sees a lovely, desk, and a pleasing objet d’art. Your conscious trading mind reasons that it only needs a good looking chart.

    How wrong you are:

    Whenever your trading mind sees something that is beautiful, it stimulates a feel good factor that makes you want to perform better. The brain does not “see” the object d’art, rather it sees what it associates with that objet d’art: Like wealth, success, or security, the key motivators that drive us to carry on, even when we are going through a rough patch.

    Remember: Your brain does not think in terms of now and tomorrow. Your brain only sees now in every moment.

    When you enter your office next, take a look around, but with your CONSCIOUS mind switched on. Notice what subliminal messages your office is sending to your trading brain. I think you will be surprised.

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    Source by Mercedes Oestermann Van Essen

    Views: 0

  • The Power Of Pocket Money

    The Power Of Pocket Money

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    Kids have always loved the thrill of receiving their very own pocket money to spend however they like. From saving up to buy the toy they’ve had their eye on for weeks to the quick delight that comes from waving around a bubble sword or getting stuck into a new puzzle book, hours of fun can come from the simplest of things.

    Halifax, which has conducted an annual pocket money survey since 1987, suggests the average amount kids receive is now £7.01. And in today’s financial climate, pocket money can be a good way to teach children to be careful with their cash and learn how to make it go further. Advance education about the importance of saving and an understanding of money has been shown to give children a head start when it comes to money management in later life.

    But it’s not just the kids that are jumping onto the pocket money bandwagon.

    Parents are also opting to turn away from bigger box items. After all, there’s nothing more frustrating than shelling out on an expensive toy only to see your child tire of it after half an hour. Especially when it takes so long to undo all the wasteful packaging!

    The growing trend for pocket money toys means a wider variety for the smaller customer, and it’s a great way for parents to get the latest fad without breaking the bank.

    One pocket money item that has seen incredible growth in sales is slime and putty. Venture onto YouTube and you’ll find millions of videos of kids playing with it. In fact, there are even global slime conventions throughout the world off the back of this massive craze and there is no sign of it slowing down. Global sales are still rising and the popularity of this realtively simple and inexpensive toy is still growing. With thousands of variations – magnetic slime, rainbow slime, glow in the dar slime and more this is the craze that should go for many months more.

    Of course, certain toys are timeless and will never go out of fashion. Spinning tops, tumbling tower games, marble drops and classic board games have captured children’s imaginations throughout the years and continue to be just as popular today as they ever were.

    Another range that has been adapted for the pocket money market is the educational toy. It’s no secret that play is a great way to help children learn and toys are continually evolving to support this trend with more and more unique playsets and experimental kits to keep them entertained.

    So to summarise, think twice before thinking you need to shell out large sums of money to keep your kids happy. Sometimes a £1 pot of slime will bring just as many smiles.

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    Source by Vicky Walmsley

    Views: 0