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    The Entrepreneurial Itch
    08/31/06The 16 Deadly Business Start-Up Blunders!Avoid these blunders, beat the odds and live your dream:Blunder # 1: Choosing a type of Business that you do not Truly Like – but others make money in itBlunder # 2: Failure to find your Niche (eg: Selling an identical product or service that the large chain stores sell)Blunder # 3: Underestimating the initial total Capital Investment required to get the Business off the groundBlunder # 4: Failure to have a Realistic Written Business Plan drawn up at startupBlunder # 5: Failure to set up a Workable Referral Network prior to opening the business- a free sales force for your business<
    o begin working towards her goal of earning FREE products

  • A guest list for her to document the name, address, phone number and email addresses
  • A self addressed, stamped envelope
  • Give your hostess a deadline to have her wish list and guest list in the mail. I recommend a postmark date of 3 days after she has received the hostess packet. Reward her with a special gi

    Vending Machines: An Overview
    Vending machines present a relatively dependable means of making money. You can buy, place, install, maintain, and then reap the benefits of owning a vending machine as a side project, or you can quit your day job and just work with the vending machines full time. You will get to set your own hours, choose your own terms of work, have more control over the people you deal with, and have more freedom than you would at most other jobs.People of all walks of life buy from vending machines. It is almost a given that, even in the worst of recessions, people will still be buying food from vending machines. This is because the prices are so low, and the items are usually impulse item
    Many direct sales distributors rely heavily on home shows to market their products. Unfortunately, this method of marketing seems to be a bit more challenging than in previous decades.

    While many of your friends and family may have good intentions of opening up their homes, the busy lifestyle that has swept the nation prevents many hostesses from following through with their original intent. Sporting events, school breaks, holidays, illnesses and weather conditions are only a few of the factors leading to low party attendance or cancellations.

    In a world where shopping on the internet has become rather convenient, we seem to have moved away from community entertainment in our homes. This has created a difficult situation for those who have chosen to work from home while relying on home shows as a primary source of income.

    For those who are motivated by a challenge, I encourage you to take a closer look at your method of hostess coaching. You will find that your contact with your hostess prior to your show will greatly determine the outcome of both attendance and sales. If you are ready to take the reigns of your success, the following steps will prove to be beneficial in giving your business a financial face-lift.

    Hostess coaching begins the moment you and your hostess agree on a date for your show. At the time a date is determined, you will want to have a hostess packet ready to hand over to your hostess so she can begin to make arrangements with her friends to attend her party. This packet should include the following:

    • 3-4 catalogs
    • 3-4 order forms for any outside orders
    • A 'wish list' for her to begin working towards her goal of earning FREE products
    • A guest list for her to document the name, address, phone number and email addresses
    • A self addressed, stamped envelope

    Give your hostess a deadline to have her wish list and guest list in the mail. I recommend a postmark date of 3 days after she has received the hostess packet. Reward her with a special gif

    11 Rock Solid Techniques For Generating Product Ideas Anytime Anywhere!
    Whatever business you are in, either online or offline, you've got to constantly generate business/product ideas.If you've ever wondered how on earth those big corporations and companies generate wonderful and irresistible products plus powerful and revolutionary ideas, here are the 11 basic principle behind it all and the greatest of news is that it can be applied to any business.1. Pick up an existing product, add additional benefits and offer it at the old price or at a cheaper price.2. Strip an existing product to the basics and offer the real substance at a basic price. Here is a very good illustration. Thousands of great and free email servi
    reaks, holidays, illnesses and weather conditions are only a few of the factors leading to low party attendance or cancellations.

    In a world where shopping on the internet has become rather convenient, we seem to have moved away from community entertainment in our homes. This has created a difficult situation for those who have chosen to work from home while relying on home shows as a primary source of income.

    For those who are motivated by a challenge, I encourage you to take a closer look at your method of hostess coaching. You will find that your contact with your hostess prior to your show will greatly determine the outcome of both attendance and sales. If you are ready to take the reigns of your success, the following steps will prove to be beneficial in giving your business a financial face-lift.

    Hostess coaching begins the moment you and your hostess agree on a date for your show. At the time a date is determined, you will want to have a hostess packet ready to hand over to your hostess so she can begin to make arrangements with her friends to attend her party. This packet should include the following:

    • 3-4 catalogs
    • 3-4 order forms for any outside orders
    • A 'wish list' for her to begin working towards her goal of earning FREE products
    • A guest list for her to document the name, address, phone number and email addresses
    • A self addressed, stamped envelope

    Give your hostess a deadline to have her wish list and guest list in the mail. I recommend a postmark date of 3 days after she has received the hostess packet. Reward her with a special gi

    Large Posters Is The Best Means Of Promotion
    Anything informative can help you in telling the public about your ideas and thoughts. Disseminating information is not a difficult task, if you have the right pathway to go about it. In this case, large posters can be really helpful as they have that clarity of message which small or medium sized posters do not have. Because of the size of large posters, the message printed in them can be read easily without any hassles. This is the reason that large posters are considered as one of the best form of medium for promotion of goods and services. After all, it is the target audience that you have to hit and cannot miss out on any medium that takes your message to them.Large poste
    r those who are motivated by a challenge, I encourage you to take a closer look at your method of hostess coaching. You will find that your contact with your hostess prior to your show will greatly determine the outcome of both attendance and sales. If you are ready to take the reigns of your success, the following steps will prove to be beneficial in giving your business a financial face-lift.

    Hostess coaching begins the moment you and your hostess agree on a date for your show. At the time a date is determined, you will want to have a hostess packet ready to hand over to your hostess so she can begin to make arrangements with her friends to attend her party. This packet should include the following:

    • 3-4 catalogs
    • 3-4 order forms for any outside orders
    • A 'wish list' for her to begin working towards her goal of earning FREE products
    • A guest list for her to document the name, address, phone number and email addresses
    • A self addressed, stamped envelope

    Give your hostess a deadline to have her wish list and guest list in the mail. I recommend a postmark date of 3 days after she has received the hostess packet. Reward her with a special gi

    Finding Hidden Advertising Spots for Your Promotions
    Are you afraid that your latest promotional campaign will be swept away with the rest of the advertising clutter? Placing your advertisement in a key location is a pivotal step in getting it noticed.Since you can practically buy ad space on just about every surface possible, finding the right location for your promotional message can be quite a challenge. Choosing an otherwise untouched area for your ad can increase its success. Dimly lit areas, floors and narrow walkways seem to be free of advertising and promotional materials in most buildings.Dimly Lit AreasDimly lit areas may seem to be off limits when it comes to promotion and advertising si
    hing begins the moment you and your hostess agree on a date for your show. At the time a date is determined, you will want to have a hostess packet ready to hand over to your hostess so she can begin to make arrangements with her friends to attend her party. This packet should include the following:

    • 3-4 catalogs
    • 3-4 order forms for any outside orders
    • A 'wish list' for her to begin working towards her goal of earning FREE products
    • A guest list for her to document the name, address, phone number and email addresses
    • A self addressed, stamped envelope

    Give your hostess a deadline to have her wish list and guest list in the mail. I recommend a postmark date of 3 days after she has received the hostess packet. Reward her with a special gi

    Why a Three Level Price Menu Makes More Profits!
    There is a phenomenon that is available to you that helps sell your preferred and more profitable product/service more frequently. If it is possible, and it usually is, when positioning your pricing structure, it has been found effective at producing a higher level of profits to have a three-choice menu.Choice #1 - is the "no frills" product/service with minimum but acceptable profit margins. 25% care only for price, no matter what the added values and how wonderful they are described.Choice #2 - This should be the "deluxe" model with extra values and very tasty profit margins. This is the one you want to sell as much as possible Remember, most people will spend more to
    o begin working towards her goal of earning FREE products

  • A guest list for her to document the name, address, phone number and email addresses
  • A self addressed, stamped envelope
  • Give your hostess a deadline to have her wish list and guest list in the mail. I recommend a postmark date of 3 days after she has received the hostess packet. Reward her with a special gift item if she has both of these lists to you by the specified date and offer an additional gift item if she gives you a completed guest list of 30 names or more.

    Personally mail the postcard invitations for your hostess. You are kidding yourself if you think your hostesses are getting their invitations out in a timely manner, if at all. This is your responsibility and is simply a business expense. If done properly, your party attendance and sales will far outweigh the additional cost of postage.

    Make personal contact with each guest 1-2 days prior to the event. Remember to remind them to bring a friend and let them know of any incentives you offer if they follow through. If you are unable to make personal contact, by all means leave a message!

    Host a drawing. This is a great way to get more information from your guests. Be sure to encourage each person to put down their email address for future notification of specials and new seasonal catalogs. This is critical in finding out who might be interested in joining your team or perhaps hosting a show.

    Display future openings for home shows. With this method, you determine the dates and times you want to work. Write the date and time down on a note card and display this on your table for all to see. Make it available for the guests to pluck the card from the display and bring it directly to you upon checkout. You may want to offer an incentive for booking a show that will be presented to your hostess at the time of the show.

    Have ready-made hostess packets available. You will want to go over all the information in the packet with your hostess. This way she

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