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July 06, 2009

Making extra money

Everybody needs a extra income, job.

One great thing about a side hustle or independent gig is that it generates money that is independent of the money earned through your main job. That makes those dollars more valuable in security terms than the dollars earned from your main job.

Say that you earn $50,000 at your main job and that $10,000 goes to taxes and $5,000 to savings. Say that of the $35,000 you spend $15,000 goes to non-essentials (vacations, new furniture, etc) and that $20,000 is what you need to spend to keep going (mortgage payments, health insurance, etc.)

Now say that you earn $5,000 at a side hustle. You could lose your main job and still only be $15,000 short of the amount you need to live that year. If you have just three years of savings in the bank, you could wait one year to take a new full-time position if nothing good came along for that long. Being able to be choosey about your new main hustle can make a big difference in your lifetime earnings number.

Having an independent income stream does not only provide added dollars. Over time, it translates into enhanced opportunities!

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February 09, 2009

Learn how to Start A Business, how to Write A Business Plan, and ...

Learn how to Start A Business, how to Write A Business Plan, and ... more!

Starting and operating an Internet business is surprisingly similar to operating any other business. Good business practices, like building the confidence of customers through truthful advertising, providing products and services at a fair price, and developing long-term business relationships, are as applicable to Internet businesses as they are to any other businesses.

Having said that, there are some important differences related to Internet businesses.

Low Start-up Costs - When you decide to start a business online, you can do so with as little as a few hundred dollars and a good idea. However, don't be misled into believing that the Internet is an arena for instant riches with little or no effort. Nothing could be further from the truth. Like any business, it takes creativity, planning, money and hard work to be successful.

Multiple Skill Requirements - Suddenly it's not enough to simply have a good product or service. To use the Internet effectively, you now need to have or be able to acquire skills in graphic design, web server technology, programming, and a brand new marketing medium, not to mention skills needed in multi-lingual translations, international accounting and legal issues. Fortunately, it is not necessary that you have all this knowledge yourself. With the right combination of strategic partners and associates, all of these skills are easily found, if you know where to look. That's where we come in! Hineni Media can get you in touch with all the professionals you need to accomplish your task.

There are endless Marketing Possibilities - The opportunities and ease of fostering strategic alliances to bolster marketing efforts is unsurpassed on the Internet. The reason I see so many cooperative relationships between companies online is that doing so has become so simple and so profitable. The advertising industry has found itself with many more possibilities as well as significantly more competition.

Easily Traceable Results - Another byproduct of business on the internet is that tracking potential customers as a group and visitor preferences is an ordinary part of business on the Internet.

International Audience - Even if you do not think of your business as an international business, you must recognize that your visitors are likely to be from all over the world. You should consider whether or not you are prepared for international shipping and other transactions with countries other than your own. You should also strongly consider having your website translated onto languages other than English. The percentage of non-Canadian businesses on the Internet has risen dramatically in just the past year!

Professional Look - If you are a Internet and Web Professional who is planning and designing web pages for others, I have a secret to share with you. I called it the "Web Proposal Kit". What it's done for my company is help us look more professional, charge average fees and get paid for all of my work. It's the best investment I have made since I started our business! email me for requesting information

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