Million Dollar Experiment

Steve Pavlina (http://www.stevepavlina.com/) is the owner of several businesses. He and his wife are living in the USA a comfortable life and get a six number income every year. These incomes includes 10 different streams from different businesses, most of them are based in the internet. So they are in a very secure financial situation. Steves website is a quite serious page because he is honest. He doesn't write how to become rich or a millionaire, he only wrote down what he did.

One of the most difficult ways to make money is to have a job where you earn a salary! The reason for that is that you use so much time to get your cash which you spend anyway. Steve Pavlina worked only 6 months as an employee until he figured out that this wasn't something for him. After quitting his job he decided to get money from his own business. So he did! After a few years he setted up a system which provided him an income without directly working for the money. Now he has the free time he wished to have.

The $1 Million Dollar Project is an experiment which Steve started to see if he can attract a large sum of money into his life. He want to the intention-manefestation model to make it more fun and challenging. 'This means I’ll allow myself to be guided by intuition as opposed to rigidly planning out every detail'. Added to this he is not going to spend his existing money, he wants to spend only the money which he gets by running that experiment. So his experiment starts with $ 0 and should end with $1000000. Steves intention: In an easy and relaxed manner, in a healthy and positive way, in its own perfect time, for the highest good of all, I intend $1 million to come into my life.

To be continued....

Debenhams is going online!

Debenhams one of the biggest store in the UK and is the first store in the United Kingdom which now sells their products on the internet market Ebay and Amazon. About 1000 products is the department store selling on Amazon.co.uk which includes the clothing, homeware, sportswear and beauty products. On the following link you can see the articles Debenhams offers in Amazon

http://www.amazon.co.uk/s/ref=nb_ss?url=search-alias%3Daps&field-keywords=debenhams&x=0&y=0

On Ebay.co.uk Debenhams has opened an outlet store which sells approxmately 100 products:

http://shop.ebay.co.uk/i.html?_nkw=debenhams&_trksid=p3913.c0.m24

But their plan is to double this number per week. The deputy chief executive Michael Sharp from Debenhams said: "A strong presence on the web is essential for any modern-day retailer. Our use of Amazon and eBay, as well as Debenhams.com, opens the door to millions of new customers."'Debenhams is expected to deliver pre-tax profits of £122m for the year to the end of August 2009, up from £110m the year before.'
At the moment there are more than 20 retailers are selling their products on Ebay for example the giant catalogue Argos. On Amazon are at the moment round about 8 retailers for example JD Sports Fashion.


this post is based on the article in the independent:
http://www.independent.co.uk/news/business/news/debenhams-opens-on-ebay-and-amazon-1806274.html

Trackback

Trackback is a really useful product for a blogger who want to request a notification when somebody links to their product. The function of Trackbase is actually really simple: The receiving website gets a ping (a network signal) from the originating website. The recipient publishes a link back to the original site for 'indicating its worthiness'. For this kind of communication both websites have to be 'Trackback enable'. This communication is often used between blogs when anybody is refering to an article from another blog then this user can see that he uses his article. Products which are linked to the original blog are easily to follow and it is a good partnership between the bloggers.

Alborz Fallah 2.

Alborz Fallah started his blog without the attitude of making money. But he was the meaning why not to earn a little bit of money so after a while he earned lots of pounds. He wrote three blogs with the different themes: Cars, outgoing and tech the reason is simple: Because he loved cars, he loved out going and he was a little tech geek. Added to this he is very interested in the comments which people give on his posts even if they are negative.

Moreover, he liked to manage his blog, to write the articles, to discover how Adsense, Web Master Tools and SEO. Everybody is likely to type in the car name plus the date or the other way round. The way big publisher would do it is to type in the car name plus a random name like 'Porsche rules the world' but nobody would type that into Google. When you are going to search a car you will probably type in the name, the model, the date and at the end the review. That is how people find the website from Alborz Fallah. Another criterion is that he writes his post by his own, he didn't use copy and paste that is why his content is so interesting.

He showed this site some friends, they showed it other friends and so was it going. After a while other car blogs where interested in his website because they published the news two days earlier than the other guys because they had to send their text to the editor and back. Al indeed some spelling mistakes and some grammar mistakes but they fixed them after a while. It is pretty cool how they are managing that they are 2 days earlier than the other magazines thereby it is so simple. Al saw the companies putting the news out and one hour later the news were written down at his blog with his own words and his opinion.

After his first meeting with Anthony Crawford the Channel 10 guy, Alborz decided to sell him equity. He made his blog into his own company called Caradvice.com.au Propriety Limited. Now he has different people in different places like Brisbane, Sydney or Melbourne. He has two guys who are working on the blog with the news and three road tester who are testing cars. Al is now one of the road testers. He gets 2 cars a week and he writes the review of the cars.

After using Adsense Al started to ask some advertising agencys if they want to have a partnership. The only problem was they wanted him to do advertising for the companies. But Al said clearly no because it was part of his credibility to write what he is thinking about the product. Alborz' plan for the future is to buy camera stuff for video blogging. He wants to film the cars and put the video on youtube.

Alborz Fallah

Alborz Fallah opened a blog about cars in the year 2006 in Australia. He started to write his own blog about his life when he decided to write a blog about cars. His domain name was Caradvise.com.au. and he wrote a blog with Wordpress. He thought about his hobbies and what he loves to do so he decided to create three websites:

One about outgoing in Brisbane (where he lives), one about cars and because he was a little IT geek he created a website which is called vistatchnician.com. But he was only with his car website successful. Today this blog is the 6th. biggest blog in Australia! Why are they so successful? Because they are the only one who review their cars so they get luxury cars like Lamborghini or Aston Martin. Really interesting is, that they don't have any advertisement.

When Al' opened his blog he started with Google Adsense as well and he got £5000 per month only with Adsense. Then he changed to server hosting and he has four full time and two part time employe. After that he signed to an advertising agency where he gets 10 cents per unique browse that he delivers. Alborz gets like 16000 unique browses a day.
Quite impossible is the fact that he had a full time job besides his blog!

After 7 months running his blog he had a guy, who run Drive Tv, where he was a motoring writer and poducer. This guy was really interested in Al's website because of the style, of the name and of the media which was very interested in his project. At first the visitor traffic didn't increase because of him but they got a lot of new cars so they got more and more media attention. This is why they got invited in lots of car launches and now they are the 6th biggest one in Australia.

to be continued...

You can if you think you can

If you think you are beaten, you are,overcoming2
If you think you dare not, you don’t.
If you like to win, but you think you can’t,
It is almost certain you won’t.

If you think you’ll lose, you’re lost,
For out in the world we find,
Success begins with a fellow’s will.
It’s all in the state of mind.

If you think you are outclassed, you are,
You’ve got to think high to rise,
You’ve got to be sure of yourself before
You can ever win a prize.

Life’s battles don’t always go
To the stronger or faster man.
But soon or late the man who wins,
Is the man who thinks he can.

~ C. W. Longenecker

This poem written by C.W.Longenecker deals with your psychical attitude. The author will show you with his poem that you, doesn't matter what you are doing, have a good attitude to that. Even if you have problems which are difficult to solve you should support your adjustment. Otherwise you will probably fail. So try to get a right attitude!

eBook Secrets Exposed

This website deals with the topic 'How to make massive amount of money in record time with your own eBook'. One of the author is the same author from my last post: Jim Edwards! So I think you can imagine that you have to pay to buy this awesome book from Jim for a lot of money. I couln't figure out how much you have to pay but I it is quite expensive in comparison with other books. I really can't say if this book will help you but if you have the money you should try it.

Mini Site Creator v2.0 HOW TO GET YOUR OWN WEBSITE!!!

You want to have your own mini website for making money??? No problem, with the Mini Site Creator v2.0 you can do that without beeing a computer buff!!! The only thing you have to do is visit their website: http://www.minisitecreator2.com/special.html
The first thing you can read at this website is the history of the owner of the site. He tells you why and how he did his site. He describes what you can do with your mini website like:

*

How to set up, post, and display a simple sales letter online, so you can sell your ebooks and make money...
*

How to set up a download page to offer a free report, ebook, or software, so you can let people download their purchases on "auto-pilot"...
*

How to put a simple autoresponder form on your website, so you can get subscribers to your newsletters, forced optin "squeeze" pages and build your profitable list...
*

How to display your affiliate links to sell other people's products and bank those FAT commission checks everyone talks about...
*

And a lot more!

The owner of the website is Jim Edwards who has over 38 mini websites with them he earn like 6000£ per month. He promises the customer that his software is the easiest and best one in the internet. You only have to pay like

Single-Pay Option

1 Payment of only $997
(Best Choice - SAVE $104 over the 3-Pay Option!)

* INCLUDES "Mini-Site Machine" Software Wizards
* INCLUDES 60+ Professionally Designed Mini-Site Templates
* INCLUDES 12-Session e-Class
* INCLUDES "Affiliate Pre-Sell Pages" Exclusive Webinar Replay
* INCLUDES "12 Idea Generators and How to Use Them to Pick Your Niche Markets" Exclusive Webinar Replay
* INCLUDES All The Web Page Design and Uploading Software You Need!
* INCLUDES 30 Days FREE Website Hosting
* INCLUDES A Listing in the Mini-Site Creator Directory
* INCLUDES "Google's Back Door" Traffic Webinar Replay
* INCLUDES "Special Edition" Downloadable Version of "Instant Traffic Stampede
* INCLUDES LIFETIME Membership, Updates, Upgrades and Bonuses

IN MY OPINION THIS PRODUCT MAY WORK BUT I REALLY WOUN'T SPEND £1000 FOR A TRY!!!
SURE YOU COULD BE SUCCESSFUL BUT BE REALISTIC I MEAN IF HIS PRODUCT IS REALLY SO GOOD WHY DIDN'T HE PUT HIS PRODUCT ON THE MARKT??? HE WOULD BE A MILLIONAIRE IF HIS PRODUCT IS HOW HE EXPLAINED IT.

Venture Capital: Homework

Task: Watch this and then in your blogs say whether Christian was right to accept the offer.


http://www.youtube.com/watch?v=8o5kUnW7OxI&feature=player_embedded#

I think Christians decicion was really difficult! On the one hand there is Theo Paphitis who has a lot of experience in this sector but on the other hand there is Peter Jones with the much better offer! Theo apologized him that he put the product on the market faster than anybody else! I think that was the critical point for Christian! He wanted to have his product as fast as possible on the market!
But if I were him, i would look into the future and would take Peters offer!

AZ Handbook 6th Edition Business Studies! Presentation

"From day one... to the night before your exams"

This business book will lead you through your A level studies by explaining all the key words you have to find! Each entry begins with a clear definition and is followed by explanations like work examples! At the back of the book you can also find a selected list for the units produced by the AQA, OCR and Edexel! The structure of the book is alphabetically! So when you going to buy this book you get a free internet access where you can download the print version, the entire database of this book in a searchable format and advices from experts how to get an A grade!!!

Your Idea can make you rich chapter six: You and your money

Here the Dragon's Den are telling you how to control your money and how to safe and invest into useful things!
But see for yourself!

MY CONCLUSION:

In my opinion everybody who is really interested in business and how to make a lot of money should buy this book! Because one of the main reasons is that this book is written from people who are exactly that what you wanted to be. MILLIONAIRES!!! This book is not like the other business books namely boring and dry, this book is exactly the opposite! You can learn a lot and when you keep attention on the tips and tricks ad not be bothered you might be lucky and earn a lot of money in the future! All in all this book is AWESOME

Your Idea can make you rich chapter five: Investors

The chapter deals mainly with loan finance where you can find useful tips. This headline is divided into ‘bank loan’, ‘bank overdraft’ and ‘Credit Cards’. The first tip you should consider is credit card, money lenders and credit card agencies are not good for open a business. You should first ask for a bank loan because it is much safer than credit agencies or money lenders!
Definition of equity investments: This is what the Dragon’s Den is about! They exchange a share in your company for a capital sum.
Business angel is another method to seek for investment! Business angels are high net-worth private individuals who are looking to invest in companies that are likely to achieve high growth. The author wrote a link to the British Business Angel Association where you can find some investors:
http://www.bbaa.org.uk/
Venture Capitalists invest usually more than a business angel. The minimum of a venture capitalist is approximately at two million pounds but they don’t often invest in start ups. They expect a high level of return on investment within a specific time frame.
For venture capitalists exist a website to which is called: The British Venture Capital Association:
http://www.bvca.co.uk/
Additionally there are some sources for funding your own small business:
http://www.berr.gov.uk/
http://www.businesslink.gov.uk/
And for budding entrepreneurs aged between 14-30 the princes trust is the right address:
http://www.princes-trust.org.uk/

Your Idea can make you rich chapter four: Pitching and presentation

I found a nice quote from Peter Jones: ‘Presentation and packing isn’t just fluffy stuff to leave to the last minute.’
A presentation is all about selling yourself, the presentation and the method tell you what the company is going to be like and at this stage it says that YOU are the company. YOU should keep attention on how you present yourself, the words you use, the clothes you wear, the figures you have in your head and how you express your ideas. You should also use visual aids for your presentation like a power point presentation or an overhead transparency.

Definition of pitching: Presentation, sometimes high-pressure, to a prospect by a salesperson, to solicit an order or new business. In making a sales pitch to a prospective client, a salesperson usually begins with a positive opening line, demonstrates the features of the product while concentrating on selling its benefits, handles objections with a positive approach, and ends by asking for the order.
(http://www.answers.com/topic/pitch)
The Dragons top pitching tips:

Doug Richard: ’understand what an investor is looking for’
Duncan Bannatyne: ‘Know your numbers, know your percentages’
Peter Jones: ‘Know your end goal and work towards it’
Rachel Elnaugh: ‘Be passionate objective about what you do’
Simon Woodroffe: ‘Know the numbers instinctively, live and breathe them!’
Coping with Nerves:

Here are some tips how you can avoid nervously mistakes in your presentation:
- Breathe very deeply and slowly for a few minutes! -> You are realising your nerves
- Scrunch up your fists into balls and release!
- Yawn to relax your throat
But all in all it is really good to be nervous because that shows that you take care about the reaction of the audience.

Border Post!!!!

ATTENTION!!! HERE IS THE BORDER OF MY OLD BLOG

NOW MY NEW BLOG WILL START!!

How to sign in into Google

First you have to sign in at Google sitemaps after you done that you have to add your url of your blog! Then you have to verify your site while you copy the meta tag at the Google sitemap site to your blog. You can do that by opening your blog, then open customize->layout->edit html and paste the meta tag after 'head'. Then go back to the Google sitemaps and click on verify.
Your site will appear in 48 hours!

Your idea can make you rich chapter three: Business Acumen

This chapter is about business acumen, financial performance and about business plan. First they bring some examples of entrepreneurs who doesn't have money to start their own business! They summarized real life examples from the 'Dragons Den'.
After this section the book deals with writing a business plan! They defined the business plan in the following way: A business plan is a statement of intent, a realization, on paper of your product's viability, of your goals and missions, of the industry you’re in, of your business strategy, as well as an analysis of the market and the competition.

There are thousands of business plan examples in the internet but you don't have to follow them because these formal business plan are only interested for the banks and institutions. Your business plan should include a full financial model, a marketing strategy, including competition and product positioning, a breakdown of people and management and a two or five year outlook for your business. The main reason why you should write a business plan is only to show the company that you are not a dreamer. When you finished your business plan you should write another one for yourself.

This is the formal idea of a business plan! The Dragons Den however have another idea how to write your business plan: First you should write a summary of the plan in key words! Then you should keep attention if it is interesting enough for the people who read your plan. For the advertising you can use the AIDA system: Attention (attention of investors), Interest (make interest of reading more), Desire (of what you are offering), Action (action of their own volition). Added to this the objectives, mission and viability of your business, the industry you’re operating in, your product ( define your unique selling point), the market, the competition, your strategy and your financial status.

Furthermore there is a useful part of patents. If you think your idea is brilliant you should first search in the internet whether your idea is not in use yet. You should look at the side for patents: www.patent.gov.uk (you can maybe get there some impressions)

Definition List

Define Market: Buyer+Seller= Transaction=MARKET

Define Assumption: 'Presumption; arrogance'

Define Entrepreneur: One who undertakes an entreprise, one who owns and manages a business, a person who takes the risk of profit and loss.

Define AIM: Alternative Investment Market

Define Angel Investor: High net-work private individual who is looking to invest in companies that are likely to achieve high growth

Define Balance Sheet: Statement which shows the assets and liabilities of a compant on a praticular date

Define Brand: Trademark, trade name, design ect. identifying a particular manufacturer's products

Define Brand awareness: Level of public familiarity with a branded product

Define Business angel: High net-worth private individual who is looking to invest in companies that are likely to achieve high growth

Define Business plan: A statement of business strategy including full financial model, product viability, analysis of market and competition, marketing strategy, breakdown of people and management, goals and mission and usually five year outlook

Your idea can make you rich chapter two: Your market

This chapter deals with the first steps of starting a new business. The first section is about the background of yourself! You can prepare yourself a little bit for the questions about your background but actually when they asking you for example wether you are good at marketing or not. Then you have to be honest! Otherwise it might could be difficult for you. The next section clarified in which type of business you are. For example when you want to open a new hotel you are in the hotel business. But you may have to rethink why your hotel is different from others! Is your hotel providing good foot?

Or is fantastic accommodation the thing? Or for who is that hotel for? Families with children or teenagers? So you can see you have to focus on the customers need! The next point is your aspiration but I think thats quite simple! You want to become rich as a result of your idea.
Market Research is really important when you want to start your own business. So the first step you should do is talking with people who are passionate about your area of innovation. For example the hotel idea. If you want to open a new hotel you should talk to the hotel manager and probably the staff. Here are some question examples: Where do your consumers come from? Are they tourists, townies or suburbanites? What's their age group? What are their buying patterns? What's the competition and how does it target the market? Who influences the competition? Can YOU influence them?
The next point is 'Branding' which is in my opinion really important because you mark you out from the competition, it can help to build relationships and strike an emotional chord, it can foster credibility, it can help to build a reputation and create loyalty and it identify the product's fitness for its purpose.

Your idea can make you rich chapter one: Entrepreneur or Dreamer?

The first chapter of my book is about the difference between a dreamer and an entrepreneur. Added to this, this chapter tell you how have to behave and what you have to do for becoming an entrepreneur instead of a dreamer! The 'Dragons' are giving a good definition of an entrepreneur:

One who undertakes an enterprise, one who owns and manages a business, a person who takes the risk of profit and loss.
They say you that you can build your castle but you should build foundations under them. But this castle should be realistic and should have a basis in the reality! Furthermore are in this chapter all the 'Dragons' presented and you can get valuable information from their earlier career.

Moreover you can learn a lot about failure, the ingredients for becoming a successful entrepreneur, start up secrets where you can learn really useful information how to start and create a new business. Especially interesting is the part of 'Creative Thinking' where you get information how is the right way to think. Besides this part tell you that you can learn to think creative!

E-book: Think and Grow Rich key point

This is an awesome book because you can learn a lot! The author tell us the story of Edison and Barnes. Barnes most fervent wish is to work together with the inventor Thomas Edison! After an interview with him he got an unimportant work but after a few months he got his chance for selling the Ediphone. The slogan was: Made by Edison and installed by Barnes. This was the moment where Barnes became rich.

In my opinion this example should tell us that when you have a dream which you want to achieve you have to keep this dream and gasp the nettle. The power of Barnes will was so strong that he did everything for it and he got it!
I think everybody can reflect this point to himself! You should follow your ideas and your dreams!

Luigis Rotating Spaghetti Fork

Our product 'Luigis Rotating Spaghetti Fork' is a really innovative and useful invention for people who wants to eat without any efforts! You use this fork to turn spaghetti for an easy meal! Added to this Luigis fork looks really good for a modern household! When you going to buy Luigis Fork you will have a better life! This Luigis Rotating Spaghetti Fork package includes a collection of four batteries but you only need two for the fork so you get the other two for free!!! Furthermore you will get an instruction and if you buy three forks you will get the fourth one for free!!!! Luigis fork works really reliable and when you do it exactly how the instruction tell you, you never get dirty clothes again! Consequently you can safe money because of less washing! So buy this awesome fork for only 19,99

Our marketing strategy will include:
Advertising: TV, posters, in magazines
website with an online shop
special offer

Good ideas for starting your own business

In my opinion this is a good choose for a 'Newbie' businessman! I think it is more easy than other ideas. you can get a lot of money because its last minute so you can get more than a normal babysitter.

 Last-Minute Child Care /Emergency Babysitting
The concept: Everybody know that situation that your boss calls you and asks if you could come as fast as you can. But there is a problem!!! What to do with the children??? No problem!! Just call us! This business is a real useful business for people who have to work or whom babysitter said that he can't come!




This could be another very good idea for making money. I think it can't be hard to be a personal trainer for seniors! added to this you can get maybe 20 pounds per hour or maybe 10.

 Personal Trainer for Seniors (by them too) or
Children
The concept: You are a senior who is not active??? You want\have to change it?? Just call me! I am a young sportive student who wants to earn some extra money. So if you don't want to spend too much money for a professional personal trainer I am the right person for you!



This idea is a really good one! you can make a lot of money I think. You have to check up how the dollar, euro or pound change and sell or buy at the right moment.

 Specialist Car Importer
The concept: I love oldies! so I decided to get some of my favorites! I was searching a lot of time in the internet and after a few weeks I found a site in France. I informed myself about importing cars! I found out that I have to keep attention on the money course! All in all it was really difficult to import that car! If you are also interested in old-timer cars you can call me and i will find the right one for you! Look at this example:


Ebay is the biggest online market in the world and I think there are very much people who don't know how to use it. You could maybe get a percentage of the profit or be paid hourly.

eBay Consultant/Coach
The Concept: I sell a lot of things in Ebay but I often hear when I speak to my friends that they have some difficulties with it. I thought it might be a good idea to start his own business to be an Ebay Coach! If you really need help by selling things at Ebay you should contact me so I can help you!

'Your Idea Can Make You Rich' Introduction

I am reading the book 'Your idea can make you rich' from the Dragons' Den! The Dragons' Den is a group of five people who got very rich by starting their own business! This book will help you to start your own business and give you some useful advices!!! Added to this it will tell you how you have to behave in front of other businessmen. The authors Doug Richard, Peter Jones, Duncan Bannatyne, Rachel Elnaugh, Simon Woodroffe and Theo Paphitis are the member of the Dragons' Den who are really experienced and tell the reader about everything what BUSINESS includes. In my opinion this book CAN REALLY help you but what this book CAN'T do for you is open a new business and choose the decisions you have to make.

to be continued!

How to make a marketing plan

watch this site
www.businesslink.gov.uk/bdotg/action/layer?topicId=1073869186

Start

Finally I made my new blog! After a 'fight' with Google I recognised that this is without any sense! So I created this new blog and I will publish the posts from my old blog!