Thursday, September 9th, 2010

By the 5th year of business, 90% of start ups fail. A primary reason for this is often times a lack of focus, or rather a niche. Being successful means providing the best value possible to a focused part of your industry. Operating in a niche allows your business to service people looking for a [...]

Business opportunities are everywhere, we often just have no idea where to look. I am willing to stake my life that million dollar opportunity passes each of us by everyday becuase we are unaware of a business opportunity that is staring us straight in the face. The best way to come up with a business idea is to solve a problem, however there are other ways as well.

Branding is a simple concept. A brand is an idea, image or in this case a person that represents a product, service, or idea that consumers can connect with. The goal of personal branding is to become a recognizable person in your niche by other major players, as well as consumers. Branding yourself can open many doors with the tools available today in social media. Money follows people, and people are moving to the internet. The beauty of the internet and Social Media is that it allows a single person to bypass channels in conventional media to obtain a larger audience. Social Media is Word of Mouth on steroids.

Starting in 1926, Black History month was started for the remembrance of important people and events in African-America History. I decided to contribute to the African-American remembrance by showcasing successful and famous black entrepreneurs of the past and present by illustrating the milestones that African-American’s have overcome throughout history to reach new heights in the entrepreneurial world today. Anything is possible if you have the will to make it so, just ask the following people (that are alive).

Waking up in the morning to find you have a “to do” list 4 pages long is never a fun experience. Luckily, in the world we live in today there are tools available to assist even the extremely overwhelmed business owner. Eliminating distractions, removing time consuming tasks, and filtering information can save you loads of time and money. Your time is valuable and therefore should be spent on either income generating tasks or something of personal importance.

I recently have been receiving many questions that are along the lines of “What do you do?” The easiest answer is for me to just say that I am a drug dealer or that I am in “waste management” because this question usually leads to an interesting discussion where people typically write me off as some type of crook anyhow. It is possible to separate time from income generation, and have multiple sources of income that pay you automatically and consistently. Capitalism is like a game, and many people are unaware of the real rules of the game and get stuck playing it the hard way. Like anything, with time, experience, and practice anyone can become a master at generating multiple sources of income, often with little to no starting cash! Sounds crazy right? Tell that to the people making millions that do it every day. I have put together 12 different ways to generate income with a summary of the Time Requirements, Income Possibilities, and Income Consistencies. I was originally writing this for college students, but with the current economic status I find that even hard working professionals are feeling enough pressure to seek alternative means of income generation.

If you have not read Rich Dad Poor Dad by: Robert Kiyosaki, I highly suggest it. It teaches a new form of financial intelligence that is missing from the majority of our lives because it is never truly taught in our schools systems. Ideas like paying ourselves before the government, or letting our money work for us, or investing with pure profit may have never crossed our minds before this. Published in 1997, this book is still relevant, if not more relevant than before with our current economic state.

twitter!

When I first heard about Twitter, I thought it was the most useless thing ever created on the internet. It took awhile but I have finally realized the value of it, for business, sales and networking. If you are looking to set yourself apart on the internet, then here are 5 reasons why you may be in serious need of “Tweetment”.

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Are you the man, or do you work for him?

I feel the need to set the record straight. I always get questions about what I do, or what to do. I have a laundry list of things I plan to do with myself as far as creating businesses and sources of income. It’s a joke to many because they do not see the possibility of this being reality. There is a difference between working for the man, working for yourself, or being the man.

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