Step 1
Watch these 3 VIDEO'S :-)
http://www.youtube.com/watch?v=_17_71L92jk
http://www.youtube.com/watch?v=U2FDp3qDyX4
http://www.youtube.com/watch?v=1eMJW005Ng8
Step 2
Register as a FREE MEMBER HERE :-)
http://peoplestring.com/?u=garice
16 July 2010
Check This Site Out!
The place for people to share things they're
willing to do for $5
Buy. Sell. Have fun.
willing to do for $5
Buy. Sell. Have fun.
17 May 2010
Which is More Important... Talent or Tenacity?
Go for No! (www.goforno.com)
New 4 minute video... asks, Which is More Important... Talent or Tenacity?
Features great people answering like Richard Bliss Brooke Randy Gage Lisa Jimenez Art Jonak and many more!
New 4 minute video... asks, Which is More Important... Talent or Tenacity?
Features great people answering like Richard Bliss Brooke Randy Gage Lisa Jimenez Art Jonak and many more!
08 May 2010
Letting Go of Fear
Our reality includes all our programs, memories, beliefs, attachments, emotions, and expectations. These have been gathered through many years. We have been blind and deaf for eons of time. We are completely drugged, looking for love, approval and appreciation in the wrong places and from the wrong people. We search for success, power and material things, thinking that they will "make" us happy. We tend to try to change people because we think if they change, we'll be happy. We constantly give our power away by thinking that our happiness depends on other people and external circumstances.
Stop the world, I want to get off! Don't you sometimes feel like screaming that? Well, we are now in the middle of the song, so we need to dance until it comes to an end. We can change the dance and how it ends if we just let go. It is imperative to wake up and see things as they really are. We must stop letting our false reality control us. I know it is terrifying to let go of everything we thought was real. Our fear is inevitable, when we let go of the known and embrace the unknown.
Click the Title to read the entire article & get more inspiration from Mabel Katz.
Stop the world, I want to get off! Don't you sometimes feel like screaming that? Well, we are now in the middle of the song, so we need to dance until it comes to an end. We can change the dance and how it ends if we just let go. It is imperative to wake up and see things as they really are. We must stop letting our false reality control us. I know it is terrifying to let go of everything we thought was real. Our fear is inevitable, when we let go of the known and embrace the unknown.
Click the Title to read the entire article & get more inspiration from Mabel Katz.
03 May 2010
How Long Can You Wait?
by Richard Fenton & Andrea Waltz
Luis A. Atilano, born on May 10, 1985, in Santurce, Puerto Rico, knows what it's like to wait. And wait. And wait. Who is Luis Atilano? He is a pitcher for the Washington Nationals - a very new pitcher, having pitched in only two major league games.
Before joining the club this season, Atilano pitched for the Myrtle Beach Pelicans of the A-Level Carolina League, where he accrued a won-loss record of 6-7 and an ERA (earned run average) of 4.50 in 18 starts and 1 relief appearance. Translation: he was not pitching well. In fact, he pitched only two complete games for Myrtle Beach before an elbow injury in early August ended his season. How long was Atilano in the minors? Eight years. Eight... long... years.
It's reasonable to say that Atilano didn't have much of a chance to make the majors. After all, every pitch he threw in the minors was one more tork-applying-pitch on an arm that was getting older, not younger. But there he was on the mound for the Washington Nationals on April 23, 2010, taking the ball in hand and hurling it the 60 feet, 6 inches to home plate... allowing just one run on five hits in a 5-1 Nationals victory against the Los Angeles Dodgers on April 23, 2010. Was it worth the wait? Come on.
Will it be worth the wait for you, too, when you finally arrive? Come on. You know it will.
P.S. Wednesday, April 28, he took the mound again against the Chicago Cubs. He is now 2-0.
Luis A. Atilano, born on May 10, 1985, in Santurce, Puerto Rico, knows what it's like to wait. And wait. And wait. Who is Luis Atilano? He is a pitcher for the Washington Nationals - a very new pitcher, having pitched in only two major league games.
Before joining the club this season, Atilano pitched for the Myrtle Beach Pelicans of the A-Level Carolina League, where he accrued a won-loss record of 6-7 and an ERA (earned run average) of 4.50 in 18 starts and 1 relief appearance. Translation: he was not pitching well. In fact, he pitched only two complete games for Myrtle Beach before an elbow injury in early August ended his season. How long was Atilano in the minors? Eight years. Eight... long... years.
It's reasonable to say that Atilano didn't have much of a chance to make the majors. After all, every pitch he threw in the minors was one more tork-applying-pitch on an arm that was getting older, not younger. But there he was on the mound for the Washington Nationals on April 23, 2010, taking the ball in hand and hurling it the 60 feet, 6 inches to home plate... allowing just one run on five hits in a 5-1 Nationals victory against the Los Angeles Dodgers on April 23, 2010. Was it worth the wait? Come on.
Will it be worth the wait for you, too, when you finally arrive? Come on. You know it will.
P.S. Wednesday, April 28, he took the mound again against the Chicago Cubs. He is now 2-0.
28 April 2010
Getting Your Family Involved In Your Home Business
by Craig Binkley
Do you own your own home business? Is your family involved with your daily business? Yeah, I know at times it seems easier to just do everything yourself. It is an easy trap to get into. Why take the time to explain the job, show them how it should be done, make sure it is done properly, and then possibly have to redo the project if it is not done to your liking? Yes, we have all been through this at some point. The question is: what are you going to do about it?
You basically have two options: Do everything yourself or invest the time to get your family involved. For me, the second one is the ONLY option.
First off, if you are doing everything yourself, you are probably spending a lot more time with your business than with your family. Secondly, you are depriving your spouse and children of the joy of owning a home business.
Why not take some of the burden off of yourself by allowing your family to help you in your daily tasks. Here are a few ideas that you can implement to start getting your family involved.
SPOUSE: If your spouse is not involved with you in your home business you are missing a great opportunity to spend some much needed time with him/her. I know, this may not be everyone’s idea of quality time with your beloved, but is it not better than the alternate – you doing your thing and he/she doing theirs? My wife is my biggest supporter. She is the person I bounce ideas off of. She is also my proofreader. If your spouse is not in tune with what you are doing, do what you can to peak their interest and get them involved today.
YOUNG CHILDREN: Obviously there is not much for a toddler to do, but as they grow older you can give them small jobs to start out (dumping your trash can, sharpening your pencils, etc.) and continuing to give them more challenging jobs as they become more mature. No matter what the job, kids feel a sense of pride in knowing they are “pitching in”.
TEENAGERS: This is the group you need to get! There are so many things that a teen can get involved with (sports, music, friends, drugs). Wouldn’t it be nice if what they are involved with were your business? If you have been giving them jobs as younger children then most likely they are already involved. If you are just getting started with your business and/or getting to those teens, try giving them some things that they might not expect that you would delegate to them (typing a letter or making a call to a supplier to place an order). Let them see that you have the confidence in them and they will respond likewise.
Our teen daughter makes her own jewelry so we decided to make it a part of our business with a section of our website dedicated to her creations only. After seeing this, our oldest son decided he wanted something to do, so he started making wood-burned signs. We added a page for him also. They both are very proud of the fact that the stuff they are making is actually on the web. It has gotten them very interested in what we do as a family business and allows us to get them even more involved as time goes by.
In conclusion, do whatever you can to get your family involved. Not only will it alleviate some of your workload, it can truly draw you family closer together.
Craig Binkley – husband, father and home business owner assisting in the restoration of the “traditional” family through home business ownership.
Do you own your own home business? Is your family involved with your daily business? Yeah, I know at times it seems easier to just do everything yourself. It is an easy trap to get into. Why take the time to explain the job, show them how it should be done, make sure it is done properly, and then possibly have to redo the project if it is not done to your liking? Yes, we have all been through this at some point. The question is: what are you going to do about it?
You basically have two options: Do everything yourself or invest the time to get your family involved. For me, the second one is the ONLY option.
First off, if you are doing everything yourself, you are probably spending a lot more time with your business than with your family. Secondly, you are depriving your spouse and children of the joy of owning a home business.
Why not take some of the burden off of yourself by allowing your family to help you in your daily tasks. Here are a few ideas that you can implement to start getting your family involved.
SPOUSE: If your spouse is not involved with you in your home business you are missing a great opportunity to spend some much needed time with him/her. I know, this may not be everyone’s idea of quality time with your beloved, but is it not better than the alternate – you doing your thing and he/she doing theirs? My wife is my biggest supporter. She is the person I bounce ideas off of. She is also my proofreader. If your spouse is not in tune with what you are doing, do what you can to peak their interest and get them involved today.
YOUNG CHILDREN: Obviously there is not much for a toddler to do, but as they grow older you can give them small jobs to start out (dumping your trash can, sharpening your pencils, etc.) and continuing to give them more challenging jobs as they become more mature. No matter what the job, kids feel a sense of pride in knowing they are “pitching in”.
TEENAGERS: This is the group you need to get! There are so many things that a teen can get involved with (sports, music, friends, drugs). Wouldn’t it be nice if what they are involved with were your business? If you have been giving them jobs as younger children then most likely they are already involved. If you are just getting started with your business and/or getting to those teens, try giving them some things that they might not expect that you would delegate to them (typing a letter or making a call to a supplier to place an order). Let them see that you have the confidence in them and they will respond likewise.
Our teen daughter makes her own jewelry so we decided to make it a part of our business with a section of our website dedicated to her creations only. After seeing this, our oldest son decided he wanted something to do, so he started making wood-burned signs. We added a page for him also. They both are very proud of the fact that the stuff they are making is actually on the web. It has gotten them very interested in what we do as a family business and allows us to get them even more involved as time goes by.
In conclusion, do whatever you can to get your family involved. Not only will it alleviate some of your workload, it can truly draw you family closer together.
Craig Binkley – husband, father and home business owner assisting in the restoration of the “traditional” family through home business ownership.
14 March 2010
04 February 2010
Risk the NO in order to receive the YES
In a business class a certain person told us the story of how he became a very successful real estate agent.
He was very young, and on his first day on the job his boss had asked him, "Do you want to sell houses?" Of course, he immediately answered that he did. The boss took him to a neighborhood and told him, "This is where I am going to leave you. I will pick you up in four hours. Go and knock door to door and ask the people if they want to sell their homes."
He left him a paper with a grid with one hundred boxes and told him that every time someone said no, he should make an X in one of the boxes. "Go and look for your first hundred NOs."
The young man could not believe it, but there was no way out of the situation.
As it turned out many did say NO, but to his surprise, many said YES - that they had just been thinking about it and they wanted to get more information. In that moment the young man realized that with every person who said NO, he got closer to the possibility of a YES.
We all have a big fear of NO, a great fear of rejection. But if we don't risk receiving a NO, we will never receive the YES.
The capacity to overcome fear is what differentiates the people that get a lot out of life from those that hardly get anything at all; the people that are successful and excel from those that stay stuck.
M.Katz, The Easiest Way
He was very young, and on his first day on the job his boss had asked him, "Do you want to sell houses?" Of course, he immediately answered that he did. The boss took him to a neighborhood and told him, "This is where I am going to leave you. I will pick you up in four hours. Go and knock door to door and ask the people if they want to sell their homes."
He left him a paper with a grid with one hundred boxes and told him that every time someone said no, he should make an X in one of the boxes. "Go and look for your first hundred NOs."
The young man could not believe it, but there was no way out of the situation.
As it turned out many did say NO, but to his surprise, many said YES - that they had just been thinking about it and they wanted to get more information. In that moment the young man realized that with every person who said NO, he got closer to the possibility of a YES.
We all have a big fear of NO, a great fear of rejection. But if we don't risk receiving a NO, we will never receive the YES.
The capacity to overcome fear is what differentiates the people that get a lot out of life from those that hardly get anything at all; the people that are successful and excel from those that stay stuck.
M.Katz, The Easiest Way
24 January 2010
Don't Fear Your Home Business Competition
Article written by Jim Kelly,webmaster
You have taken a great deal of time and put forth effort seeking out a home business opportunity that matches your individual desires, skills and goals. You have registered with a legitimate and supportive program and you have taken the time to create a detailed written business plan for yourself. You have researched promotional methods and strategies and perhaps you have even begun to create your own web site. You feel primed to move forward with the initial steps you have so carefully structured.
One potentially serious pitfall needs to be avoided at all costs. Some new home business entrepreneurs develop a mindset that they “want it all” and perceive all others promoting the same or similar products, services, and opportunities as the “enemy”, and they begin to develop a fiercely protective attitude towards their new business. Fear of your competition will not steer you toward your goal of independence; rather it will propel you towards isolation.
I would invite you to take a daring step outside of yourself and reach out directly to those you might perceive as “the competition”. In doing so you are highly likely to encounter numerous friendly, helpful entrepreneurs just like yourself, some of whom have made quite a success of themselves with their home business.
There are many sources for seeking out and interacting with similar minded entrepreneurs. The program you have enrolled in no doubt has numerous forums and if not, do a web search for home business forums and make a habit of visiting them and begin to make yourself known. Post your questions, concerns, and ideas in the forums. You will absolutely receive responses from other enthusiastic home business owners. Get to know them individually and exchange email addresses. Strike up friendships and share your goals, methods, and hopes. If you have a web site, swap links.
There is no reason to protect yourself from or avoid others in your field. Those who develop their business with a stance of protectionism and isolationism are likely to remain in isolation and indeed may fail as a direct result. A network of friends and mentors within your field is a tool that you will come to find invaluable as your network will aid you in sharpening your goals, direction, and strategies. The Internet is a vast place and there is ample business for all who are dedicated and apply a well-laid out strategy. Seek out and befriend those in your field. Don’t make the mistake of shunning them. You won’t be sorry!
You have taken a great deal of time and put forth effort seeking out a home business opportunity that matches your individual desires, skills and goals. You have registered with a legitimate and supportive program and you have taken the time to create a detailed written business plan for yourself. You have researched promotional methods and strategies and perhaps you have even begun to create your own web site. You feel primed to move forward with the initial steps you have so carefully structured.
One potentially serious pitfall needs to be avoided at all costs. Some new home business entrepreneurs develop a mindset that they “want it all” and perceive all others promoting the same or similar products, services, and opportunities as the “enemy”, and they begin to develop a fiercely protective attitude towards their new business. Fear of your competition will not steer you toward your goal of independence; rather it will propel you towards isolation.
I would invite you to take a daring step outside of yourself and reach out directly to those you might perceive as “the competition”. In doing so you are highly likely to encounter numerous friendly, helpful entrepreneurs just like yourself, some of whom have made quite a success of themselves with their home business.
There are many sources for seeking out and interacting with similar minded entrepreneurs. The program you have enrolled in no doubt has numerous forums and if not, do a web search for home business forums and make a habit of visiting them and begin to make yourself known. Post your questions, concerns, and ideas in the forums. You will absolutely receive responses from other enthusiastic home business owners. Get to know them individually and exchange email addresses. Strike up friendships and share your goals, methods, and hopes. If you have a web site, swap links.
There is no reason to protect yourself from or avoid others in your field. Those who develop their business with a stance of protectionism and isolationism are likely to remain in isolation and indeed may fail as a direct result. A network of friends and mentors within your field is a tool that you will come to find invaluable as your network will aid you in sharpening your goals, direction, and strategies. The Internet is a vast place and there is ample business for all who are dedicated and apply a well-laid out strategy. Seek out and befriend those in your field. Don’t make the mistake of shunning them. You won’t be sorry!
14 January 2010
Unseen Secret to Success
Joe Vitale, from the Secret movie says,
"This is a secret of success: when you are
ready for breakthrough results in any area,
you need to hire someone who can help you
-- a coach."
Why?
According to Joe,
left to our own devices,
we will only
grow in baby steps.
You and I simply rely
on what's worked before.
We'll think and do
what we've done before.
And...
for the most part,
we'll get similar results as before.
Are you ready for something different?
When you join my team of Independent Business Owners,
you'll get access to:
FREE online training,
FREE live and recorded team calls,
AND
FREE Success Coaching from me and
other leaders on the team.
Sweet huh?
Call. Let's get started!
Gloria
1-866-247-4201
"This is a secret of success: when you are
ready for breakthrough results in any area,
you need to hire someone who can help you
-- a coach."
Why?
According to Joe,
left to our own devices,
we will only
grow in baby steps.
You and I simply rely
on what's worked before.
We'll think and do
what we've done before.
And...
for the most part,
we'll get similar results as before.
Are you ready for something different?
When you join my team of Independent Business Owners,
you'll get access to:
FREE online training,
FREE live and recorded team calls,
AND
FREE Success Coaching from me and
other leaders on the team.
Sweet huh?
Call. Let's get started!
Gloria
1-866-247-4201
31 December 2009
How to Make 2010 Miraculous
If 2009 wasn't the best year of your life,
you get another shot at getting what
you want in the new year.
The thing is, unless you get the inspiration,
information and support you need, the
new year will probably be a lot like the last.
If you want something different, you're
going to have to do something different.
Call me and I'll tell you how you may qualify
to work from home with your own home-based business
for only $25 your first month!
Hurry, this will end soon!
HAPPY NEW YEAR!
Gloria
1-866-247-4201
you get another shot at getting what
you want in the new year.
The thing is, unless you get the inspiration,
information and support you need, the
new year will probably be a lot like the last.
If you want something different, you're
going to have to do something different.
Call me and I'll tell you how you may qualify
to work from home with your own home-based business
for only $25 your first month!
Hurry, this will end soon!
HAPPY NEW YEAR!
Gloria
1-866-247-4201
17 December 2009
Letting Go
Giving up is merely quitting
Letting go is sweet release
Giving up is cries of anguish
Letting go is perfect peace
Giving up is hard and heavy
Letting go is loose and light
Giving up is simply failure
Letting go, success in sight
Giving up is very human
Letting go is most divine
Giving up is death at sundown
Letting go, the rising sun
Giving up is "There, it's over"
Letting go, "I've just begun!"
Letting go is sweet release
Giving up is cries of anguish
Letting go is perfect peace
Giving up is hard and heavy
Letting go is loose and light
Giving up is simply failure
Letting go, success in sight
Giving up is very human
Letting go is most divine
Giving up is death at sundown
Letting go, the rising sun
Giving up is "There, it's over"
Letting go, "I've just begun!"
03 December 2009
Making money with Clickbank
I was looking around on Clickbank and I found a product that looked pretty interesting.
It's all about how to make money using Clickbank which is (again) interesting, because that's exactly what I intend to do.
Coincidence?
Let me know what you think.
Gloria
Click Here!
It's all about how to make money using Clickbank which is (again) interesting, because that's exactly what I intend to do.
Coincidence?
Let me know what you think.
Gloria
Click Here!
10 September 2009
What's Stopping You?
Truth is, the only thing stopping you is your own doubt.
Admit it. You're asking yourself things like...
• Will this really work?
• Will this really work for me?
• Should I trust this lady about what she's telling me?
All good questions, of course.
But it's that very voice of doubt that is keeping you from moving forward.
I know it's tough to swallow, but doubt is the reason most people don't take action, and consequently why most people stay stuck.
Well, let me ease your concerns...
Here's the deal:
Your Satisfaction is Totally Guaranteed and You Can Cancel Your Membership at Any Time.
Obviously, that guarantee is beyond fair.
So here's the real question:
Are you ready to take action, or are you still letting doubt stop you?
Doubt is often self-sabotage at work.
Are you going to control it, or let it control you?
The choice is yours.
Call me for more information or schedule a phone interview at:
www.free2liveyourdreams.com
Gloria
1-866-247-4201
Admit it. You're asking yourself things like...
• Will this really work?
• Will this really work for me?
• Should I trust this lady about what she's telling me?
All good questions, of course.
But it's that very voice of doubt that is keeping you from moving forward.
I know it's tough to swallow, but doubt is the reason most people don't take action, and consequently why most people stay stuck.
Well, let me ease your concerns...
Here's the deal:
Your Satisfaction is Totally Guaranteed and You Can Cancel Your Membership at Any Time.
Obviously, that guarantee is beyond fair.
So here's the real question:
Are you ready to take action, or are you still letting doubt stop you?
Doubt is often self-sabotage at work.
Are you going to control it, or let it control you?
The choice is yours.
Call me for more information or schedule a phone interview at:
www.free2liveyourdreams.com
Gloria
1-866-247-4201
17 August 2009
How I got taken by a work-at-home scam
http://www.cnn.com/2009/LIVING/worklife/01/07/home.scams/
Thandi Zulu is now the founder and director of saving the children. She is a direct descendant of Shaka Zulu and the Zulu Tribe in South Africa i...s a mother of one 7 year old boy. Check out this http://www.youtube.com/user/thandizulu
Thandi Zulu is now the founder and director of saving the children. She is a direct descendant of Shaka Zulu and the Zulu Tribe in South Africa i...s a mother of one 7 year old boy. Check out this http://www.youtube.com/user/thandizulu
13 August 2009
Legitimate Home Based Business Opportunity
With consistent effort, a new Trainer Option Program is helping create six figure incomes in 6-18 months. Watch a webinar HERE.
10 August 2009
Early Bird?
It's true - the early bird gets the worm.So does the late bird AND the bird in-between. Because by design there are always more than enough worms.In fact the only bird that doesn't get a worm, is the bird that doesn't go out to get one.
Go out and get one today.
Go out and get one today.
25 July 2009
How to stay confident in your decision to be a WAHM
If you are a WAHM, there will probably be some point where a relative, friend, or even a stranger will ask you “so, when are you going to get a real job?” Those kinds of questions can hurt, especially when, in reality, you are working very hard. Here are some suggestions on how to deal with those insensitive comments.
The important thing to remember is that most people have no clue as to how many ways there are to make money from home. If they have never researched the subject, the only time they probably heard about someone working from home is from a report on the television about someone who, unfortunately, got scammed. However mean their words may sound, the person is probably just trying to protect you from getting hurt.
If the person asking you this question is someone that you do not see on a regular basis, you can just try to laugh off the question and change the subject. However, if the person is someone you are close to and have quite a bit of contact with, try to educate them about your business. Explain to them what it is that you do, how much you enjoy it, and why you chose to work at home versus working in a traditional job.
Once your critic understands that working at home is a real option and that you are not involved in a scam, they will most likely be supportive of your decision. They may end up being a little jealous of you and wish they had the courage to leave their job and work from home, too!
Most importantly, never let anyone make you feel “less worthy” because you work from home. It doesn’t matter if you work on the highest level of the tallest building or if you work on card table in your living room – you are still a working mom, you are contributing to your family, and you are a wonderful role model to your children. By keeping your confidence high, you will be more successful in all aspects of your life.
The important thing to remember is that most people have no clue as to how many ways there are to make money from home. If they have never researched the subject, the only time they probably heard about someone working from home is from a report on the television about someone who, unfortunately, got scammed. However mean their words may sound, the person is probably just trying to protect you from getting hurt.
If the person asking you this question is someone that you do not see on a regular basis, you can just try to laugh off the question and change the subject. However, if the person is someone you are close to and have quite a bit of contact with, try to educate them about your business. Explain to them what it is that you do, how much you enjoy it, and why you chose to work at home versus working in a traditional job.
Once your critic understands that working at home is a real option and that you are not involved in a scam, they will most likely be supportive of your decision. They may end up being a little jealous of you and wish they had the courage to leave their job and work from home, too!
Most importantly, never let anyone make you feel “less worthy” because you work from home. It doesn’t matter if you work on the highest level of the tallest building or if you work on card table in your living room – you are still a working mom, you are contributing to your family, and you are a wonderful role model to your children. By keeping your confidence high, you will be more successful in all aspects of your life.
22 July 2009
If You Don't Have a Home-Based Business, Start One Today!
by Sandy Botkin CPA. Esq.
The last decade may have been a decade of tremendous corporate profits and economic growth, but for the vast majority of North Americans, the 90's were a dismal, uphill climb. And many economists believe that this new millennium won't be getting better any time soon.
Why?
Changing business and government attitudes are the reason. There has seemingly been more anti-business legislation in the last decade than in any other this century. Stronger employment and labor laws, the Age Discrimination in Employment Act, the Comprehensive Omnibus Budget Reconciliation Act (COBRA, which includes mandating health insurance for workers for a period of time after they leave employment), safety laws, much tougher laws for discharging workers, more liabilities for lawsuits, Family Leave Act, Americans with Disabilities Act (which is creating immense numbers of lawsuits), along with higher minimum wages and fringe benefits.
Just reading this list is exhausting.
While these acts have beneficial and protective aspects, they have also encouraged businesses to move their facilities. That "sucking sound" popularized by Ross Perot is not just down to Mexico, but elsewhere as well. The result has been a dramatic loss of heavy industry in the U.S.
The young and the middle-aged alike are realizing that their dream of "having a job with a company forever" is an illusion. Companies have been downsizing, rightsizing, and capsizing for some time now, and they continue to do so-more now than ever before. Even the federal and state governments are getting into the act with layoffs and attrition of jobs.
In addition to all this uncertainty and mutual lack of loyalty between companies and employees, even the workers who do keep their jobs have no guarantee of promotions due to the shrinking number of management positions. These circumstances aggravate the already tryingly long commutes in rush hour traffic and increasingly typical frustrated boss-spelled backwards, that double S-O-B.
Finally, if all this isn't bad enough, under recent tax laws employees are shafted more than ever with limits and thresholds for their employee deductions and higher social security tax limits. This results in more couples working than ever before and, on many occasions, working more than one job. It is now almost impossible to have only one job in the family and make ends meet! Today, many households need three incomes just to survive.
Sadly, even having more than one job does not produce any major positive effect on most people's bank accounts. Why? Because of tax laws. This was well illustrated in 1994 by Jane Bryant Quinn in her Woman's Day article on "How to Live on One Salary."
Where The Money Goes
Ms. Quinn's example assumed that a man was earning $40,000 per year. His wife (we will call her Lori) wasn't working. They had more month than money. (Sound familiar?) Lori subsequently got an administrative job for $15,000 per year. You would think this would improve the family's financial situation, but when Ms. Quinn examined the economics of getting this extra income, the results were startling!
Lori had to pay federal and state taxes on her new income. Since they filed jointly, the family's combined income was what established their tax bracket. She paid $4,500 in new taxes, most of which was non-deductible, for federal and state income tax.
Lori had social security withheld from her paycheck at the rate of 7.65 percent, which amounted to an additional nondeductible amount of $1,148 being extracted from her salary. She also had to commute to work 10 miles a day round trip, which is probably conservative for most people. This resulted (in 1995) in nondeductible commuting costs of $696.
Lori also had some child care expenses, which give a partial tax credit. Ms. Quinn figured that the amount spent over and beyond the tax credit was $4,250 per year.
Lori also ate out each day with colleagues, spending an average of $5 per day, five days a week. This results in a nondeductible expense of $1,250 per year. ( I would love to know where she ate for only $5!)
Now that Lori has a job, she has to have professional clothing, this means a hefty dry cleaning bill. Ms. Quinn assumed that Lori's increased expenses here amounted to an extra $1,000 per year, nondeductible, of course.
Finally, with both spouses working, Lori wasn't in the mood to cook dinner every night. They bought more convenience foods and ate out more frequently. This resulted in increased food costs of a nondeductible $1,000 per year in minimum.
Add it all up and Lori's take home pay was a paltry $1,156 a year, for which she had to put up with a daily commute, an unpleasant boss, and corporate hassles.
No wonder more and more people are starting home-based businesses. In fact, there are currently an estimated 30 million people working from their homes. This number is expected to more than triple, to 97 million, by the year 2000, and to keep on growing. This has become and will continue to be one of the greatest mass movements in the U.S.
Why a Home-Based Business Makes So Much "Cents"
There are many reasons why so many people are favoring home-based over traditional business.
There is no commute (unless you have a really big home), no boss, little if any chance of lawsuits, much lower overhead, no employees, (or few), and far fewer government restrictions. In fact, many of the laws previously cited don't apply to small firms with few or no employees. It is for these reasons, according to Entrepreneur magazine, that 95 percent of home-based businesses succeed in their first year and achieve an average income of $50,250 per year with many earning much more.
There are really two sets of tax laws in this country. One is for employees, and it allows deductions for individual retirement accounts, 401(k)s (if you have one set up by your company), interest and property taxes on your home (which some in Congress want to do away with ), and charity. Then there are the laws for home-based business people who conduct their business either full-time or part-time. They can deduct, with proper documentation ,their house, their spouse, and even children (by hiring them), their business vacations, their cars, and their food with colleagues. They can also set up a pension plan that makes any government plan seem paltry by comparison.
For Lori-and for you - the meaning of all this is simple:
Lori earned $15,000 in salary as an employee, but took home only $1,156. She could have netted the entire $15,000 had she earned it in a home-based business!
This is an increase of almost 13 times her take-home pay as an employee.
Notice that Lori is not spending dramatically more money than she is currently spending. She would eat out anyway, go on trips and drive her car the same as before. By having a home-based business, however, many of their expenses become deductible. This concept is known as "redirecting expenses." With a legitimate home-based business, she can now deduct some of the expenses that she is incurring anyway.
Renegade Strategy: If you don't have a home-based business, start one!
In addition to all the benefits mentioned above, Congress will subsidize you while you are growing your home-based business. If your home-based business produces a tax loss in the first year or so, you can use that tax loss against any other income you have. It can be used against wages earned as an employee, dividends, pensions, or interest income-or you can use the loss against your spouse's earnings if you file a joint return.
If the tax loss exceeds all your income for this year, no problem. You can carry back the loss two years and get a refund from the IRS for up to the last two years of income taxes paid, or you can carry over the loss twenty years. You read it right: You can offset up to 20 years of income!
Here's an example:
Mike earns $50,000 in a job with the government. If he starts a home-based business that generates a tax loss of 10,000, he only pays tax on $40,000.
Renegade Tip: You can never lose a properly documented business deduction as long as you run your legitimate business like a business with a bona fide business purpose and have an honest expectation of profit. Make also sure that all your expenses are ordinary and necessary and reasonable as noted in our Tax Advantage and Tax Strategy Program
Renegade Strategy: Get LUCK-Labor Under Correct Knowledge.
Can You Succeed In a Home-Based Business?
Research has constantly shown that it is rarely the business that determines success or failure. It is usually the business owner. Why does one person succeed and another fail at the same business?
Two words-Knowledge and Action.
Some people want the benefits of having their own business, but they don't take action. The result is business failure.
Then there are the people who are always working. They take action but still fail. The reason is that they are not taking the correct actions, the knowledgeable actions, that will bring the desired results. Again, business failure.
It's like drilling for oil. If you set up a drilling rig in your back yard, it is going to fail at producing oil unless your back yard is in Texas or Alaska. The same rig in a good field will produce a gusher, because it was placed where oil was known to exist.
The point is that most people who get excited about starting their own home-based business do so without all the necessary knowledge. Consequently, many people quit before they acquire, through experience, the knowledge they need, without realizing that they are getting substantial tax breaks. This leads to another strategy....
Renegade Strategy: Learn to duplicate the success of others.
Duplicating the strategy of others is much quicker and more effective than going to the school of hard knocks.
It is also known as modeling, which is well-illustrated by the way The McDonalds Corporation blazed a trail to success that many have since followed.
In the early 1950's McDonald's and other start-up companies discovered that they could grow many times faster than the conventional firms through franchising. Instead of the company investing millions of dollars to build new stores, they let independent franchises do it for them.
It seemed like a great idea, but at first no one figured out how to make it succeed on a consistent basis; therefore, the media attacked relentlessly and continually. News articles featured destitute families who had lost their life savings through franchising schemes. Virtually every state attorney general in the U.S. condemned the new marketing method. Some congressmen even tried to outlaw franchising entirely.
Over the years, however, Ray Kroc and his management team at McDonald's developed a turnkey franchise business team at McDonald's franchise. The newfound success-from the system-turned public perception of franchising around. Today, virtually every franchise business models-to some extent-the franchise business system created by McDonald's, making franchising one of the most respected ways of doing business in the world.
Modeling is simply learning what other successful people have done to achieve success in a specific area, and then doing the same thing. Someone said that "education is the shortcut to experience." With modeling, you literally leverage your own learning with the collective years of learning through experience of many others. Modeling the success of others saves both time and money and reduces frustration and stress.
The light at the end of the tunnel, for you and millions of others today, is the financial opportunity that starting your own business offers. If you have one going already, then make sure you are enjoying the many financial advantages to which your smart choice entitles you. The tax advantage alone can make a home-based business the single best financial move you could ever make.
Sandy Botkin is a CPA, attorney and former trainer of IRS attorneys nationwide. He lectures all over the nation on tax planning for self-employed and corporate taxpayers and can be seen in the big events with Donald Trump, Anthony Robbins and many others. He has been written up in Newsweek and in many other magazines. He is also a syndicated writer and noted author of this famed tape series “Tax Strategies for Business Professionals” and “Tax and Financial Strategies for Residential Real Estate.”
The last decade may have been a decade of tremendous corporate profits and economic growth, but for the vast majority of North Americans, the 90's were a dismal, uphill climb. And many economists believe that this new millennium won't be getting better any time soon.
Why?
Changing business and government attitudes are the reason. There has seemingly been more anti-business legislation in the last decade than in any other this century. Stronger employment and labor laws, the Age Discrimination in Employment Act, the Comprehensive Omnibus Budget Reconciliation Act (COBRA, which includes mandating health insurance for workers for a period of time after they leave employment), safety laws, much tougher laws for discharging workers, more liabilities for lawsuits, Family Leave Act, Americans with Disabilities Act (which is creating immense numbers of lawsuits), along with higher minimum wages and fringe benefits.
Just reading this list is exhausting.
While these acts have beneficial and protective aspects, they have also encouraged businesses to move their facilities. That "sucking sound" popularized by Ross Perot is not just down to Mexico, but elsewhere as well. The result has been a dramatic loss of heavy industry in the U.S.
The young and the middle-aged alike are realizing that their dream of "having a job with a company forever" is an illusion. Companies have been downsizing, rightsizing, and capsizing for some time now, and they continue to do so-more now than ever before. Even the federal and state governments are getting into the act with layoffs and attrition of jobs.
In addition to all this uncertainty and mutual lack of loyalty between companies and employees, even the workers who do keep their jobs have no guarantee of promotions due to the shrinking number of management positions. These circumstances aggravate the already tryingly long commutes in rush hour traffic and increasingly typical frustrated boss-spelled backwards, that double S-O-B.
Finally, if all this isn't bad enough, under recent tax laws employees are shafted more than ever with limits and thresholds for their employee deductions and higher social security tax limits. This results in more couples working than ever before and, on many occasions, working more than one job. It is now almost impossible to have only one job in the family and make ends meet! Today, many households need three incomes just to survive.
Sadly, even having more than one job does not produce any major positive effect on most people's bank accounts. Why? Because of tax laws. This was well illustrated in 1994 by Jane Bryant Quinn in her Woman's Day article on "How to Live on One Salary."
Where The Money Goes
Ms. Quinn's example assumed that a man was earning $40,000 per year. His wife (we will call her Lori) wasn't working. They had more month than money. (Sound familiar?) Lori subsequently got an administrative job for $15,000 per year. You would think this would improve the family's financial situation, but when Ms. Quinn examined the economics of getting this extra income, the results were startling!
Lori had to pay federal and state taxes on her new income. Since they filed jointly, the family's combined income was what established their tax bracket. She paid $4,500 in new taxes, most of which was non-deductible, for federal and state income tax.
Lori had social security withheld from her paycheck at the rate of 7.65 percent, which amounted to an additional nondeductible amount of $1,148 being extracted from her salary. She also had to commute to work 10 miles a day round trip, which is probably conservative for most people. This resulted (in 1995) in nondeductible commuting costs of $696.
Lori also had some child care expenses, which give a partial tax credit. Ms. Quinn figured that the amount spent over and beyond the tax credit was $4,250 per year.
Lori also ate out each day with colleagues, spending an average of $5 per day, five days a week. This results in a nondeductible expense of $1,250 per year. ( I would love to know where she ate for only $5!)
Now that Lori has a job, she has to have professional clothing, this means a hefty dry cleaning bill. Ms. Quinn assumed that Lori's increased expenses here amounted to an extra $1,000 per year, nondeductible, of course.
Finally, with both spouses working, Lori wasn't in the mood to cook dinner every night. They bought more convenience foods and ate out more frequently. This resulted in increased food costs of a nondeductible $1,000 per year in minimum.
Add it all up and Lori's take home pay was a paltry $1,156 a year, for which she had to put up with a daily commute, an unpleasant boss, and corporate hassles.
No wonder more and more people are starting home-based businesses. In fact, there are currently an estimated 30 million people working from their homes. This number is expected to more than triple, to 97 million, by the year 2000, and to keep on growing. This has become and will continue to be one of the greatest mass movements in the U.S.
Why a Home-Based Business Makes So Much "Cents"
There are many reasons why so many people are favoring home-based over traditional business.
There is no commute (unless you have a really big home), no boss, little if any chance of lawsuits, much lower overhead, no employees, (or few), and far fewer government restrictions. In fact, many of the laws previously cited don't apply to small firms with few or no employees. It is for these reasons, according to Entrepreneur magazine, that 95 percent of home-based businesses succeed in their first year and achieve an average income of $50,250 per year with many earning much more.
There are really two sets of tax laws in this country. One is for employees, and it allows deductions for individual retirement accounts, 401(k)s (if you have one set up by your company), interest and property taxes on your home (which some in Congress want to do away with ), and charity. Then there are the laws for home-based business people who conduct their business either full-time or part-time. They can deduct, with proper documentation ,their house, their spouse, and even children (by hiring them), their business vacations, their cars, and their food with colleagues. They can also set up a pension plan that makes any government plan seem paltry by comparison.
For Lori-and for you - the meaning of all this is simple:
Lori earned $15,000 in salary as an employee, but took home only $1,156. She could have netted the entire $15,000 had she earned it in a home-based business!
This is an increase of almost 13 times her take-home pay as an employee.
Notice that Lori is not spending dramatically more money than she is currently spending. She would eat out anyway, go on trips and drive her car the same as before. By having a home-based business, however, many of their expenses become deductible. This concept is known as "redirecting expenses." With a legitimate home-based business, she can now deduct some of the expenses that she is incurring anyway.
Renegade Strategy: If you don't have a home-based business, start one!
In addition to all the benefits mentioned above, Congress will subsidize you while you are growing your home-based business. If your home-based business produces a tax loss in the first year or so, you can use that tax loss against any other income you have. It can be used against wages earned as an employee, dividends, pensions, or interest income-or you can use the loss against your spouse's earnings if you file a joint return.
If the tax loss exceeds all your income for this year, no problem. You can carry back the loss two years and get a refund from the IRS for up to the last two years of income taxes paid, or you can carry over the loss twenty years. You read it right: You can offset up to 20 years of income!
Here's an example:
Mike earns $50,000 in a job with the government. If he starts a home-based business that generates a tax loss of 10,000, he only pays tax on $40,000.
Renegade Tip: You can never lose a properly documented business deduction as long as you run your legitimate business like a business with a bona fide business purpose and have an honest expectation of profit. Make also sure that all your expenses are ordinary and necessary and reasonable as noted in our Tax Advantage and Tax Strategy Program
Renegade Strategy: Get LUCK-Labor Under Correct Knowledge.
Can You Succeed In a Home-Based Business?
Research has constantly shown that it is rarely the business that determines success or failure. It is usually the business owner. Why does one person succeed and another fail at the same business?
Two words-Knowledge and Action.
Some people want the benefits of having their own business, but they don't take action. The result is business failure.
Then there are the people who are always working. They take action but still fail. The reason is that they are not taking the correct actions, the knowledgeable actions, that will bring the desired results. Again, business failure.
It's like drilling for oil. If you set up a drilling rig in your back yard, it is going to fail at producing oil unless your back yard is in Texas or Alaska. The same rig in a good field will produce a gusher, because it was placed where oil was known to exist.
The point is that most people who get excited about starting their own home-based business do so without all the necessary knowledge. Consequently, many people quit before they acquire, through experience, the knowledge they need, without realizing that they are getting substantial tax breaks. This leads to another strategy....
Renegade Strategy: Learn to duplicate the success of others.
Duplicating the strategy of others is much quicker and more effective than going to the school of hard knocks.
It is also known as modeling, which is well-illustrated by the way The McDonalds Corporation blazed a trail to success that many have since followed.
In the early 1950's McDonald's and other start-up companies discovered that they could grow many times faster than the conventional firms through franchising. Instead of the company investing millions of dollars to build new stores, they let independent franchises do it for them.
It seemed like a great idea, but at first no one figured out how to make it succeed on a consistent basis; therefore, the media attacked relentlessly and continually. News articles featured destitute families who had lost their life savings through franchising schemes. Virtually every state attorney general in the U.S. condemned the new marketing method. Some congressmen even tried to outlaw franchising entirely.
Over the years, however, Ray Kroc and his management team at McDonald's developed a turnkey franchise business team at McDonald's franchise. The newfound success-from the system-turned public perception of franchising around. Today, virtually every franchise business models-to some extent-the franchise business system created by McDonald's, making franchising one of the most respected ways of doing business in the world.
Modeling is simply learning what other successful people have done to achieve success in a specific area, and then doing the same thing. Someone said that "education is the shortcut to experience." With modeling, you literally leverage your own learning with the collective years of learning through experience of many others. Modeling the success of others saves both time and money and reduces frustration and stress.
The light at the end of the tunnel, for you and millions of others today, is the financial opportunity that starting your own business offers. If you have one going already, then make sure you are enjoying the many financial advantages to which your smart choice entitles you. The tax advantage alone can make a home-based business the single best financial move you could ever make.
Sandy Botkin is a CPA, attorney and former trainer of IRS attorneys nationwide. He lectures all over the nation on tax planning for self-employed and corporate taxpayers and can be seen in the big events with Donald Trump, Anthony Robbins and many others. He has been written up in Newsweek and in many other magazines. He is also a syndicated writer and noted author of this famed tape series “Tax Strategies for Business Professionals” and “Tax and Financial Strategies for Residential Real Estate.”
18 July 2009
Teaming up with other WAHMs on Joint Ventures
You have probably heard the old saying: “two heads are better than one”. Have you ever thought of applying that to your business? Teaming up with another WAHM is a great way to expand your business while learning new skills.
You can form a “joint venture” with another WAHM and create a way for you to promote your services together. You will both share in the work and the profits. For instance, maybe you are an expert in affiliate marketing and you have a WAHM friend who loves to write. You two can team up on an e-book about affiliate marketing! Or perhaps you have a friend who is awesome at creating podcasts, have her interview you about affiliate marketing and the two of you can sell the mp3. The choices are limitless!
If you have an idea about something you would like to create but do not know anyone to team up with, start researching people that have the skills you need. Send them an email and let them know you like their work and might like to team up. You can also ask for recommendations from WAHMs you already know or put up a post on a message board about what you would like to accomplish.
Whatever method you choose to find potential co-workers, interview several people before you make any decisions; you want the project to be a success. Look at samples of the work each person has done in the past. You will also want to make sure your personalities do not clash, as you will be spending a lot of time working together.
When you find someone you are interested in working with, make sure you both understand how the work will be divided, when the deadlines will be for each step of the project, how you are going to sell your product and how the profits will be divided.
Keep looking for other joint venture opportunities as they are win-win situations – you can offer a new product or service to your current customers and the new product can also bring you a whole slew of new customers!
You can form a “joint venture” with another WAHM and create a way for you to promote your services together. You will both share in the work and the profits. For instance, maybe you are an expert in affiliate marketing and you have a WAHM friend who loves to write. You two can team up on an e-book about affiliate marketing! Or perhaps you have a friend who is awesome at creating podcasts, have her interview you about affiliate marketing and the two of you can sell the mp3. The choices are limitless!
If you have an idea about something you would like to create but do not know anyone to team up with, start researching people that have the skills you need. Send them an email and let them know you like their work and might like to team up. You can also ask for recommendations from WAHMs you already know or put up a post on a message board about what you would like to accomplish.
Whatever method you choose to find potential co-workers, interview several people before you make any decisions; you want the project to be a success. Look at samples of the work each person has done in the past. You will also want to make sure your personalities do not clash, as you will be spending a lot of time working together.
When you find someone you are interested in working with, make sure you both understand how the work will be divided, when the deadlines will be for each step of the project, how you are going to sell your product and how the profits will be divided.
Keep looking for other joint venture opportunities as they are win-win situations – you can offer a new product or service to your current customers and the new product can also bring you a whole slew of new customers!
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