How To Start Your Home Based Business - A Growing Phenomenon

Most home based businesses revolve around working on the internet. Online work is a growing phenomenon. Many people believe in attracting online riches now because they think it is a much more comfortable way of doing work. To begin with, most people who have been quite successful in attracting online riches confess that they were not happy when they did a routine nine to five job for other employers who insulted them as and when they liked. They were motivated to do their online work because here they are their own boss. They work from the peaceful and comfy aura of their homes on their own timelines.
However, attracting online riches is not that easy. You have to be very focused and hard working. Most people who start their home based business and online work are doing so for the first time in their lives. They have very little knowledge of how to go about doing things.
The key to success lies in your own hands. Attracting abundance is something that is pretty much controllable. You must learn to have faith in yourself and your ideas. If you trust your instincts, than no force in this world can stop you from achieving your goals and dreams. Of course, self improvement is a part of life. We all make mistakes and we have to grow up by learning from our mistakes. You will grow as a person and improvise with time. So, self improvement is an on-going process, which helps you in attracting abundance.
Thus, by now it should be clear to you that attracting online riches is not something very new. Many people around the globe opt to work from their homes and work very hard on their online business. There are great products like the Attracting Online Riches For Internet Marketers CD, which can guide you and give you useful tips on successfully running your online business. At the end of the day if you have complete faith in your goals, you are sure to be successful in your life.
But, with the availability of a very valuable product in the form of a CD on Attracting Online Riches for Internet Marketers, most starters are able to get lots of informative tips and guidance about how to manage their online business. Thus, it is a beneficial product that would help you greatly as you start your online business.

Regards Henk

The Bank of Facebook

3 Keys for Successful Money Management

Poor money management is one of the factors behind the failure of most Forex traders. If you’re not convinced, just look at how much time is spent by both experts and beginners on this topic. Experts cite money management as the virtue that any investor needs to succeed in the Forex market. Some beginners talk about how they lost money when they overlooked this important aspect of Forex trading.

What exactly is money management in the context of currency trading? It is controlling the flow of money in and out of trade with the foremost objective of minimizing your exposure to risk. Poor management, therefore, essentially implies betting with your investment and exposing it to greater risk. Many investors often forget that this is a very important part of a system or strategy.

Trade with the preservation of your capital as your primary concern; otherwise you will not succeed in the foreign exchange market. It makes sense without being complicated - risk only a tiny proportion of your total account so that you have enough money to use for other trades in case of financial loss. Simply put, it is true to the adage “don’t put all your eggs in one basket” or you may lose everything or nearly all of what you have. Some suggest a maximum of five percent per trade while others recommend a little below or higher than this.

Trade Safely With a Small Percentage of the Capital

These are three tried and tested approaches to balancing your money in Forex trading:

Have a Healthy Risk to Reward Ratio
Your prospects for losses should be smaller than your chances for profits; otherwise, do not trade. Do not consider selling nor buying as an choice. Preferably, you should have a risk-to-reward ratio of 1:2 or as high as 1:3. In the long term, you will benefit from not risking more than you can potentially make because it will significantly further your chances for stable profitability.

Let your profits run, cut your losses short

Some traders lose more money than they should as a consequence of “waiting for the economy to turn back around.”  Get out of a trade while your losses are still small. If you’re getting profits, don’t be consumed by greed and close the trade right away.  Many traders recognize that by getting out early in the game (as soon as they make money) they could lose the chance to make much more money if they stayed.




May Your Profits Rise
Henk

Twitter and WordPress

Multiply the power of each
To generate more traffic


What is Twitter?

Lets start with a definition from Wikipedia.
“Twitter is a social networking and micro-blogging service that allows its users to send and read other users' updates (known as tweets), which are text-based posts of up to 140 characters in length.”

Now a bit of a disclaimer here. There are hundreds of manuals about Twitter and how best to use it and no one agrees on what is best. Here I am looking only at how you can use this to improve and leverage your blogging efforts.

Twitter can be used for much more than that but that is not our topic here.

So we have the Wikipedia definition and here is my take on it and what a Blogger needs to know and use.

Twitter is a micro blog platform. You are limited to 140 characters per post. This forces you to be concise and keep each tweet (Twitter post) to just one topic.

The key to effectively using Twitter is to understand that it is a conversation between people. It is about sharing information. It is not a sales platform although some will disagree with that. I am not saying that you can't use it to sell but you need to do it the right way.

If all you are planning to use Twitter just as a platform to send out your links forget it now. Just like a blog you need to supply valuable information and build your reputation as a valuable resource.

Do that and when you occasionally recommend something people will be interested. Just send links and very few will continue to follow you.

It works like any type of networking. It is most valuable when you are sorting information about your niche for others. Just like a blog if you find valuable resources from others and let people know about what is valuable to your readers on your blog or followers on Twitter.

Just like off line networking you don’t go to the local Chamber meeting and introduce your business. You talk to people there and ask about theirs. Have an idea that can help them - share it. Do that and you develop relationships that will help your business not because you pitched your business but because you became a valuable resource that others will recommend.

Twitter works the same way.

Twitter can also be very powerful in keeping in touch with what is new in your marketplace. Some of the tools can allow you to follow any topic easily.

Twitter Tools For Your Blog

Today I will discuss some of the tools I have found to improve your use of Twitter in relation to your blog and a couple that have been helpful for using Twitter.

First to integrate your Twitter feed on to your blog there are a couple items you can use. Tweet My Blog will allow you to easily add your latest tweets to your sidebar. It will also send your latest blog post out as a tweet to your Twitter account automatically.

A similar plugin with a few more features is Twitter Tools,. This will also allow you to use your tweets as blog posts. Either of these will allow you to automate the process and send tweets when you update your blog along with showing your tweets on your blog.

There is another tool that will allow you to auto post your blog posts to Twitter called Twitter Feed which will monitor your blog’s RSS feed and post to Twitter when it finds new information on a regularly scheduled basis. It also works with other services like Ping.fm. This service allows you to post at one pl;ace and have it update Twitter along with your other social sites like Facebook, Friend Feed, et al.

There are a couple tools that will help you monitor and stay active with Twitter. The two that I have tried are Twhirl and TweetDeck.

Tweet Deck is much more powerful and allows you to search, set up groups and more. Again a reminder this is not a report about using Twitter and these various tools others have covered those extensively but how you can use Twitter to enhance your blogging efforts.

Another plugin that allows you to add a place in your comments for people to leave their Twitter username called WP Twitip ID. This way you can find the people who are commenting on your blog and be able to strengthen the relationship through Twitter conversations too.

It also allows your readers to connect with those leaving valuable comments which is a true win – win and another way for others to want to contribute to the conversation there.

Another tool that I have added to my blogs is Twitter This. Anyone reading my blog can submit there Twitter ID and password and it will automatically tweet to their account about your post with a link back to that post. Think this may help you get more readers?

Using Twitter For Research

Twitter can also be a great research tool. You can use the search at http://search.twitter.com to find the latest tweets on any topic you wish.
This can be a great way to keep track of new things happening on any topic. Each search has a feed that you can add to your favorite feed reader and automatically see all the new things happening on Twitter for that topic.

Lets say I wanted to know what is said about me. I could go to Twitter Search and get all of the latest tweets directly into my Google reader by just searching Mike Paetzold, then clicking the feed link.

Click where it says feed for this query. Then you can grab the url and add it to your feed reader.

You should be following your name, any product names you have to keep track of what is being said. Yes if someone replies using @mikepaetzold it will show on my Twitter time line but if someone just uses my name Mike Paetzold in a tweet it won’t show up unless I am following them.

Always nice to know when someone is saying something good and even more important to know if it is bad.

Now lets apply this tool to blogging. Isn’t one of the hardest things to come up with topics that are of interest to your audience. You can get ideas and questions just from following the latest tweets on your topic.

Writers block usually disappears for me once I have a topic and this can be a great way to generate those ideas.

Tweet Later is another tool that will allow you to monitor your keywords but it will email you the results on a schedule that you set. The easiest way to describe it is as Google Alerts for Twitter. (By the way Google Alerts is something else you should be using.)

Now Tweet Later can do a lot more like auto following, allow you to schedule tweets for when you are away and send automatic welcome message for new followers too. But our topic is research and knowing what is happening in your niche makes staying current easier.

Depending on how you like information delivered either of these tools can be very helpful for keeping abreast of what is new on Twitter for your topic.

You can use these for...
● Topics you blog about
● Products you own
● Your own name and business name
● Anything else you may need or want to track including your competition

Some final tools and comments

The final tool that I have found is called Mr. Tweet. Follow Mr Tweet and you will receive recommendations of people you should be following and he will recommend you to others. This allows you to expand your sphere of influence from their recommendations.

It will save you time although you could and should be finding those worthwhile people if you are using Twitter for research and following them as you find them.

Integrate your Twitter into your other social networking by adding it to Facebook, My Blog Log, Friend Feed and any other places that allow it. That is the real leverage as like your RSS feed for your blog it allows you to be updating things at multiple sites with each tweet. Some of those can also be updating Twitter too.

It is very powerful as you may have different friends or followers at these sites than you do on Twitter and adding them allows each group to get the same information and also adds to your frequency of updating each of these sites.

A caveat for getting the most out of Twitter with your blog. Participate in ways other than just automating your blog posts. See a good tweet with information that would benefit your followers retweet it. Respond and have conversations with others there. It is called networking for a reason.

Just like your blog you are building a community or “tribe” as Seth Godin calls it on Twitter. People who look to you to deliver information they want and rely on as a credible resource.

Resources mentioned in this report

WordPress Plugins

Tweet My Blog

Twitter This

WP Twit IpID

Twitter Tools

Other Tools

Twhirl

Tweet Deck

Mr Tweet

Twitter Search

About the author

Mike Paetzold is an avid blogger and Twitter user who has been supplying training on using blogging and WordPress as part of your marketing strategy since 2004. Originally started blogging on the old P-machine platform and switched to WordPress as it became available and stable.

He has numerous products and services to allow you to easily blog effectively including WordPress Made Easy and 15 Minute Blog Traffic.

You can find his latest postings on his WordPress Made Easy blog or follow him on Twitter.



Legal Notice:

While all attempts have been made to verify the information in this publication, neither the Author nor Publisher assumes any responsibility for errors, omissions, or contrary interpretations of the subject matter herein.

This publication is not intended as a source of legal or accounting advice. The publisher wants to stress that the information contained herein may be subject to varying state/local laws or regulations. All users are advised to retain competent legal counsel to determine what state and/or local laws or regulation may apply to the user’s particular business.

The Purchaser or Reader of this publication assumes responsibility for the use of these materials and information. Adherence to all applicable laws and regulations, federal, state and local governing professional licensing, business practices, advertising and all other aspects of doing business in the United States or any other jurisdiction is the sole responsibility of the Purchaser or Reader.

The Author and Publisher assume no responsibility or liability, whatsoever on the behalf of the Purchaser or Reader of these materials.

Tips to Make Money From Home on the Internet

It is a lot easier to make money online and from home than it was in the past. For you, this is great news! Internet and web marketing has opened up many opportunities for individuals who want and need to make money from home. All you need is a computer, internet access, some experience surfing the internet, and some experience typing. With those necessities you are ready to start making money online and from home. So what comes next?

The good news about internet marketing is that it does not matter where you live; you can make money from the comfort of home or wherever you have internet access. However, you do not have to limit yourself either. You can start a business that sells a product or a service and market it around the world. It does not matter what type of product or service you are selling, you can market your business around the world thanks to the internet.

Yes it is relatively easy to make money online and from home with internet marketing, but you need to be cautious. When it comes to promoting a product or service, it is ideal to have a step-by-step system in place. This system can serve as a guide and it will help to improve your success. Your marketing plan will focus on how you intend to advertise your business and generate website traffic.

Since how you market your business or online website is vital to your success, here are a few ideas to help get you started:

• Directory Listings – Most directories are free to list your business or website in and they are a good generator of traffic. Your business or company website should appear on all the best directory websites. There are two different types of directories you want to focus on. Website directories are ones where you post a link to your website and maybe a summary. Business directories are where you post information on your business, including a psychical address and your online address.

• Article Marketing – Article marketing is an easy and fun way to market a website or a business. Your goal is to write for article directories, which host thousands of websites on varying topics. To get started, write articles that focus on your website or business theme. Post these articles with a link to your website at the bottom and you will notice an increase in traffic.

• Email Marketing – It does take time to develop an email marketing or newsletter list, but it is possible. Encourage visitors, service users, or product buyers to signup for your email list. You can send out emails with valuable information (articles or moneysaving codes) on a monthly basis.

• Search Engine Marketing – Also known as SEO, search engine marketing can be tricky to learn at first, but it is well worth it. Essentially, you want to tag your web pages or blog posts with relevant keywords, write keyword articles, and more. Search engine marketing will improve your ranks in the best search engines, like Yahoo or Google.