Tag: Profit

The Rise Of Binary Options and the Profit That Can Be Made From It

In a world where everyone is seeking access to quick and easy money, a new stock market trading instrument by the name of Binary Options may offer you the best opportunity to make fast money under the right management style.

The rise of Binary Options trading have been nothing less then breathtaking and its popularity is expected to only grow in the next few years as more people learn what it is and how easy they can profit from it.

what are Binary Options?

Binary Options trading is simply a straight forward prediction on how the market price of a certain stock, index, forex pairing, or commodity will perform over a specific amount of time.

First, you pick an asset to trade on, then decide whether this asset will either rise or decline within a specific time frame of your choosing. For example, I could decide to pick “Oil” as an asset and predict that it will rise above “$90” within the next 15 or 30 minutes. Keep in mind that you decide the time frame.

The next step is to pick the amount of money you want to bid for your prediction..You could bid for as low as $10 per trade and expect a profit up to 75% to 85% depending on the broker of your choice..

Once this process is done, you just need to sit back and wait until the expiry time. If your prediction is right, you win 85% profit on top of your initial investment. If the prediction is wrong, you lose all your investment.

Binary Option Signal Providers

If you’re looking to turn this into a full blown income opportunity, then a signal provider will be necessary since most of them have a 70% winning records.

The right signal provider with a verifiable record of 70% will surely make you a large profits but it is important to check their trade win-lost record data which should be viewable to potential customers. I have a list of trusted signal providers on my website provided to you at the end of this article.

Binary Option Signals are basically trade “alerts” given by stock market experts for market assets such as currency pairs, indexes, commodity and stocks. These trade alerts will tell you which assets to trade on, the direction and the time to do so. How you will receive these signals varies depending on the providers. Some offers you the signals via emails, SMS, or Skype.

Some of these signal-providers will demand a fee for their services based on whether their signals made you a profit so it is a win-win for both party.

Before Binary Options

Before Binary Option, if you wanted to invest in the stock market and buy stocks like Microsoft or Intel, you pretty much had to not only do so through financial brokers but you also had to have $25,000 in your account for them to even take your call. Not only that, but it would usually take much longer to generate any significant profit. With Binary Option, all of these barriers have been taken down for the little average guys to get into the financial market and risk very little money.

With Binary Option, you do not need a large amount of money to start trading, you can start trading with as little as $50 at some brokers and you would be able to earn a return/profit of up to 91% of the amount you invest if you win your trade.

For example, if I was to invest $100 on Microsoft binary option stocks with a payout of 72%, I could expect to earn a profit of $72 if the trade wins. If the trade loses, then you would lose your entire investment of $100 unless your binary option broker offers you what is known as an “out of money payout”, meaning even if your trade loses, you still gain back a percentage of your $100 investment. Brokers like AnyOption offers a 15% out of money payout.

My Experience

I have been trading Binary Options for about 3 months now and managed to make a profit of about $2,350 to this point. At first, I traded on my own but wasn’t doing so well, so I decided to get a “signal provider” and my profit started to rise.

I deeply recommend you to get a signal provider if you want to make money off this. If you go to my website provided to you at the end of this article, you will get a list of the best and most trusted signal-providers that I use to make my $2,350 profit in just 3 months.

Final Conclusion

Binary options is by far the best way to make easy and fast money online and I truly believe you should give it a look if you’re in need of money. If you’re a novice, make sure you get a signal provider and they will basically do all the work for you by telling you when to trade and on which assets to do so.

If you want, you and I can trade together and I could help you out as you get started… Just leave a message on my website below and I’ll respond. More and more people are catching on this this wonderful income opportunity and it is your time to get in and make that money.

Private Label Manufacturing – Make Your Own – Start a High Profit Business

Private label manufacturing of cleaning products, toiletries and cosmetics is a growing and highly profitable industry.

Many businesses – from hair and beauty salons to cleaning companies, supermarkets and many more – are beginning to realize the value in promoting their own business name and logo, and gaining customer loyalty for their own products, in preference to providing free advertising for multi national conglomerates.

Private label manufacturing gives any business the opportunity to have its own range of products, with its own brand name and label, for which customers must return exclusively to them to re-purchase.

With the correct formulations, these products can be as good as, if not better, than the leading brands. Private label manufacturing allows you to choose the quality of your ingredients and know exactly what is in the products you are using and selling to your customers.

You don’t need to hire a private manufacturer in order to produce your own range of products. You can easily and safely do it yourself. In fact, you can even manufacture products for other companies.

Private label manufacturing is also extremely profitable. If you have an existing business and use cleaning products, toiletries, skin or hair care products on a regular basis, you have the potential to save a substantial sum.

If you’re looking to start a business, or increase your existing income, cosmetic and chemical manufacturing has little competition for such a huge market.

The profit margins in private label manufacturing are something most outsiders find amazing – a bottle of shampoo which sells for $10 or more can cost as little as 50 cents to make from raw ingredients.

Private label manufacturing is also surprisingly easy – if you can follow simple directions, you can easily mix together the ingredients required to make everything from window cleaner and laundry detergent, to deodorant and air freshener, self-tanning spray, acne treatments, mineral make-up, etc. You can use exactly the same raw ingredients as the major cosmetic and chemical manufacturers.

Private label manufacturing is a highly profitable service to offer for fundraising and promotional activities for sports clubs, schools, service organizations, and similar groups.

Private label manufacturing does not require an expensive laboratory and equipment – it can easily be done from home or workshop.

The formulations are not common knowledge – which means it is an extremely difficult business for others to copy. This also explains why the major manufacturing companies are some of the wealthiest corporations in the world.

Private label manufacturing is a unique and prestigious business offering unlimited opportunities to expand further in many directions.

King Cash, Queen Cash Flow, and Prince Profit

It takes cash-on-hand to run a business. Cash allows bills to be paid, payroll to be met, and capital improvements to fuel expansion. Cash, however, depletes quickly and must be replenished by a steady cash flow stream for the business to survive, even in the most prosperous times. In the new economy, poor cash flow kills companies.

Cash vs. Cash Flow vs. Profit:

The common experience of preparing to wash your face provides a simple analogy for these complicated and intertwined financial metrics. Both the spigot and the drain represent cash flow which can be further defined as inflow (spigot) and outflow (drain). The water pouring into the sink bowl is analogous to the revenue flowing into the company. For cash inflow, it does not matter whether the product/service was sold at a profit or loss, only that revenues flow in. Conversely, all of the expenses of the firm, from the electric bill to insurance to payroll to vendor charges are represented by the drain. Just as water flows out of the sink bowl, cash outflows from the firm. The water accumulating in the sink bowl represents cash-on-hand. Finally, the increases (profit) or decreases (loss) in the amount of water in the sink bowl, from one measurable time to another, represent the profit of the company.

So, for example, a firm may measure profitability monthly, quarterly, and/or annually which means they are comparing the inflows of revenue minus the outflows of expenses to determine which was greater during the period. If inflows were greater, the company was profitable. If outflows were greater, the company operated at a loss.

Each measure of financial accomplishment is necessary. What’s more, increasing each measurement is essential to continued operations and growth.

King Cash:

King Cash rules the kingdom. The larger your firm’s pile of cash, the better you can sleep at night. Though savings does not solve problems, it does give you something unattainable otherwise: time. If the firm is operating in the red (un-profitable) or cash outflows are greater than inflows (negative cash flow), cash-on-hand buys you the desperately needed time to correct these problems. They will both need to be corrected to survive; cash buys you the time to figure out how to turn it around. Ironically enough, by definition, the cash your firm has now came from positive cash flows and profitability at some earlier point in the company’s history. It was neatly gathered together annually in the Retained Earnings line item of your Balance Sheet and stored in your savings account.

Absent actual cash-on-hand, the firm must turn to debt in troubled times. Unfortunately, banks and lenders are slow to loan cash to troubled companies. Thus, if your firm is in a crisis and you did not execute a financial disaster preparedness plan when times were better; there is little you can do other than to liquidate assets. If, on the other hand, all three metrics are up, now is the time to apply for, or raise, the firm’s credit line. This is best done with a recently signed large contract in-hand and the latest financial statements neatly printed and expertly bound.

Queen Cash Flow:

King Cash rules the kingdom as its head of state; but, Queen Cash Flow is its neck. And, everyone knows the neck turns the head. Thus, assuming your firm is not cash rich, the metric that rises above the others in demand for your attention is cash flow.

Imagine a situation where the company is profitable on paper, meaning it is selling its goods/services for more than the cost of delivering them; but, cash is not flowing. This would mean revenue is due in as Accounts Receivable; yet, has not arrived at the firm’s door. How long can a company survive? Assuming the firm has no cash-on-hand and no means of acquiring a quick, temporary infusion of cash (credit line), the question can be answered with another: how long will you and your co-workers continue working for a firm after a pay date has come and gone with no pay? Suffice it to say, the company’s demise is measured in weeks not months or years.

Prince Profit:

Companies are in business to make a profit – period. Without profit, there is no growth and corporate value diminishes as assets age and depreciate. Profit, like the Crowned Prince, must be treated with respect to prepare for the future. Profit can be overlooked in dire situations to satisfy King Cash and Queen Cash Flow. If, however, this is done for more than brief periods of time, the future of the company is in jeopardy.

Financial metrics are the royalty of the company. Each must be attended to and cultivated. As cash flows are increased, cash-on hand and profit increase over time as well. Though the economic times may be desperate, the rules of corporate finance never change. As complicated as these topics may seem, they can be boiled down into a very simple principle you probably learned growing up – “if momma ain’t happy, nobody’s happy.” Look after your cash flow and that positive cash flow will look after everything else.

Small Business Owners: Plan to Hit Your Profit Targets

To make a Profit, the business needs to focus, not on breaking even, not on survival, but on business profitability – literally, the ‘ability’ of the business to aim at and produce a specific dollar amount of profit as a percentage of projected gross income. Only when this is the clear business target is it possible to build a business that can deliver profit to the owner year after year. Only then can that business truly become an ongoing, revenue-producing asset for the owner. How is this done? How can a business become a profitable asset? Show me the Money! Most small businesses are inherently profitable. Depending on the business, a reliable profit of 10% to 30% of total annual sales already exists as the potential, ongoing profit return on investment of the company. But where is this Profit? Why is it so hard to see, let alone produce?

As a small business consultant for a major consulting practice, I was continually amazed at the number of small-to-medium sized companies operating with a ledger notebook and aluminum box for cash. I was stunned that the computer was used only for internet email, customer letters and office decoration. The accounting software (QuickBooks or Peachtree) was on the computer for tax purposes used by the accountant at tax time. As a consultant I was able to help the small business owners realize the most effective way to run a profitable business was to plan to be profitable. By getting the owner to understand that expenses and sales should be planned towards a goal and events controlled in such a manner as to yield the profit target. By not monitoring the profit and loss statement, the business events control the owners, and management cannot drive process and procedures toward profits. The accounting software packages were then set up to view each product by profit and loss statements on a monthly and annual basis. This allowed the small business owner the ability to react quickly to any deviations from its budgeted plans (cash falling through the cracks). The organization learns from the feedback it gets by comparing budgeted goals to actual results(revenue decreasing). Communication increased throughout the organization about employee expectations towards profitable goals.

Owners, when was the last time you updated your business plan, which is probably on your bookshelf where you placed it since you initially developed it. Now, don’t get bogged down in the document, just dust it off and use a red pen to ask your self the following questions:

Profit Planning: Budget vs. Business Plan

Has the management team updated the business plan to reflect current/future market industry ‘realities’?

Does my management team understand the ‘market intricacies’ of each product they sell and service in the business unit they oversee?

Does my management team understand the ‘customer’ product needs and wants they sell and service in the business unit they oversee?

Have you developed a profit and loss statement for each product? What are your sales revenue, direct costs, and overhead expenses for each product?

Have you benchmarked your Gross Profit margin against industry standards? Is it high or low?

How are your products sales trending? Quarterly? Is product cost percentage lowering as you sell more volume of products? If not, can workflow be streamlined.

Is my business making money? Do I have a simple profitable business model in place for every product?

Have you identified your bestselling product lines vs. your worst selling products? Select which product will grow your business?

Have your management team created action plans to meet planned product profit specific objectives and goals in target areas?

Employees/Operational Readiness

What is the current morale of the employees? Who will champion the ‘Profit Program’ that they can believe in?

What are the current ‘roadblocks’ to lowering cost and increasing throughput of products? Why?

What are the training needs of my employees to achieve profit goals? How will training improve business or morale?

Do the employees know what’s expected of them? How will they be held accountable for performance?

How will they be rewarded? Plan to give Incentives, increase Profit-Sharing, surprise Bonuses, spontaneous Intangibles?

Have your managers and supervisors set specific production objectives and goals in target areas?

Are my employees cross trained in key (growth products) production areas? Why not?

Do I have financial measurements scorecard posted in work area? Do I have relevant workflow processes posted in work area?

Do we have the best technology solution in place to reach profit goals?

Customers

Has my customer base changed?

Has my product/service offering changed?

How often/how many new customers have I obtained in the last year?

What product do my customers need to solve their problem? What services can we offer to provide convenience or can we lower product cost?

Are there any solutions outside the industry that will ‘wow’ the customer? Is the marketing strategy relevant to customer wants?

What is the company reputation to the customer? If low, how can we improve reputation and brand image to the market?

Do I know who my best customers are? What do they really want?

Do I have more/fewer customers? Why did they leave?

Who are the current ‘bad customers/clients’? Money Owed? Should I keep them or sell them?

Competitors

Do I have new competitors? Who?

Do I have more/fewer competitors? Why?

What are the current competitive threats to my business?

How are my competitors resolving the customer problem? Who?

What industry has the best innovative solution to address my customers need? Why? Applicable?

What technology is a competitive threat to my bestselling product?

Evaluate answers against the strengths and weaknesses of your business capability. Formulate your strategy according to the opportunity available in the marketplace. The game is to make money for the long term, not to see how many widgets you can ‘hide’ at the end of the month or play financial engineering games with the books.

Price Points

It is never a good idea to cut your price, even in tough economic times. If you do cut your prices, only do it for a limited time encouraging customers to “act now.” This should be a last resort effort.. The temptation to cut your price in tough times is great. Ask your management team ‘If we cut prices, how will you get the prices up when the tough times are over?’ Stay on the message. Your value doesn’t diminish in tough times. Why should your price go down? Businesses should focus more on customer satisfaction. By focusing on delivering more than you promise, you are putting the customer first. It reinforces their decision to buy.

Business Partners

Look for businesses that you can partner with to cross-promote your products and services while sharing the costs. For example, a laundry mat offers free detergent with each washer load and the free detergent is paid for by both the owner of the laundry mat and the supplier of the detergent. The price was not reduced, but there is a unique incentive for the customer with a specific start and end date, which will get the customer to “act now.”

Plan to profit with sales this year. Explore new markets, new prospects and new products and pitches. This year, the three Ps of marketing your business are: prospects, products and pitches. All three may need to change a bit to get you to a profitable year.

You can do it. Surround yourself with mentors who you can talk to plan for success. It’s amazing the difference it makes just talking through your ideas. Think of planning as preparing yourself for success with a clear profit picture in mind.

New Markets

As you review your business plan, ask yourself where else you can sell your product or service. Go back to those customers who have not bought from you in a while. Have a compelling reason for them to buy from you now, such as improved service, different products or greater customer satisfaction just to name a few. Does it make sense to enter new geographic markets? Have any competitors in that market left or ‘retrenched, waiting for better times’?

Update Your Offerings

After reviewing your business plan is it necessary to change or update your product or service offering? Will product or service changes or additions allow you to sell more to your existing customers? An “update” here could mean a redesign of your web site, starting a blog, joining a social network. Essentially any way you can expand your reach to potential customers. The reason newspapers across the country are closing is due to lack of readership. People are moving to the internet for their news and information… and to find your business!

Improve Your Pitch

Thoroughly understand your product and service and why someone should buy it from you. Use written testimonials from some of your satisfied customers.

• Tell your story in five minutes or less.

• Practice to perfect your pitch “before” the sales call.

• Listen well. Ask questions & really listen to the client’s needs and concerns.

The bottom line is practice makes perfect. Be a dedicated practitioner in client connection. You are the owner. Your time, care and connection in the sales process will bring results. In these times, you can be tenacious & focus on seeking out new opportunities which will pay huge dividends when the economy turns around.

Our nation is experiencing a recession and has been in a prolonged serious economic downturn in the past decade. According to Tom Reilly, MissouriBusiness.Net, “Seventy percent of today’s CEOs have never led a company in or out of a recession and 60 percent of today’s salespeople have never sold in tough times”.

On every championship team, great coaches must receive accurate information in order to adjust their strategy to win the game. To be a truly great small company you must operate from a core value of honesty toward strategy and profitability. Remember the old management adage ‘If it doesn’t get measured, it doesn’t get done’ and ‘Lost Opportunity’ (bad decisions) can close your business. Planning profitability is a proven business method that allows your business to measure whether its succeeding or failing, not smooth talking inexperienced senior executives, presenting the latest management theory of the month to the board.

Remember, Enron, WorldCom, George S. May International, Arthur Anderson and Tyco.

Take Your Customer Service Dept From ‘Cost Saving & Cost Reduction’ To High Profit & Business Growth

The more communication I have with people involved in telephone service and sales, such as Contact/Call Centers and Customer Service Departments, the more amazed I become at the reluctance to create more sales and profit opportunities through better interaction with current customers, reactivation of lost accounts and new business acquisition.

Companies are forever seeking ways to cut costs and reduce staff – particularly so in Call/Contact Centers (turning so many into ‘Call ‘n’ Wait’ disaster zones) – they often fail to see what rewards they can achieve by using the following formula:

1 humble telephone + 1 skilled operator + 1 established sales system = HUGE PROFITS!

Here are twelve ideas that can dramatically improve your bottom line RESULTS build greater customer RELATIONSHIPS and earn you (a company of any size and industry) more REVENUE.

1. Build the loyalty of your current customers

A ‘no brainer’ right? Why is that so many customers cannot get through to you, when it suits them?

Why are you constantly offering free incentives and reduced prices to gain new business?

CRM is meant to be the new service elixir. Well it is worth nothing if you don’t listen to your customers.

Here’s an example – in the last six months or so, a metropolitan daily newspaper has offered ten-week subscriptions for $39.90 (I pay more and have subscribed for 20 years), contests (win wine if you subscribe, see a rock group in concert!) and give-aways to induce new subscribers. Me, I get some sort of special club membership with the odd discount or special offer. But hey, so do the new subscribers! Who’s ahead?

2. Gain referrals from current customers

The cost of losing customers is almost incalculable. Add to that the people they tell about their bad experiences and the people they never refer to you.

Instead, offer your current customers a total strategy of satisfaction and benefits. Then, encourage them to tell others.

Don’t reward these referred customers (but do give them total satisfaction and benefits). Do reward your current customer for their referral. Develop a system that will encourage customers to tell friends, family, their customers and associates about you and then say ‘thank you’ or offer them something of value for their efforts.

3. Add VALUE to every sale

Here is a really simple equation: If you give value – you get more sales.

That’s it. If your people are trained to offer advice and information, educate customers, offer them creativity and innovation then your customers will buy more products and services, more often.

Even if your prices are slightly higher. This was the IBM way, back in the 60’s and 70’s with some great lessons to be learned. IBM charged the steepest prices in the industry but their service and support was legendary. The phrase ‘no one ever got fired for buying IBM’ originated way back then.

4. Turn an enquiry into a prospect

Then, turn that prospect into a customer. Then turn that customer into an advocate, one of your company’s ‘raving fans’.

All you need are trained people, a system and a monitoring and measuring plan. Simple? Yes it is, and like all things mentioned in this article, I will bet that some of your people excel at this and a number of them perform basic courtesies with callers – and that’s it.

5. Create an upsell program

One becomes two. Two becomes four. Four becomes … greater than the GDP of Argentina.

It is so simple, easy and effective and so few organisations employ this strategy. Many of your people don’t do this because they think the additional cost will put the customer off. It doesn’t. Not if the customer actually sees the benefit of greater quantity or improved quality.

6. Cross-sell at every opportunity

What can your people add on the original purchase? Extended warranty, on-site service, insurance, a savings if they purchase an additional item(s), a special offer or other options?

If everyone in your organisation upsold and cross-sold at every given opportunity, your sales would soar. I have witnessed increases of between 15-45% in companies where a simple upsell/cross-sell strategy was installed.

7. Negotiate on price

Don’t just offer a discount or ‘best price to you’. Let me reiterate, if you give value – you get more sales. Negotiate price. Train your people that by dropping price, they are giving away margin. So, if you offer a discount negotiate an upsell and/or cross sell. Package or bundle your offer to make it attractive and a genuine customer benefit.

8. Follow up

Every time your people give a quote, send a proposal or brochure out via fax, mail or e.mail, they should record a follow up timeframe.

Between one hour and three days. Everyone who requests information should be followed up by telephone. This leads to a higher close or conversion rate (I have witnessed 20-50%) or, if they have purchased elsewhere – your follow up call may be the commencement of a relationship … or not. But you won’t know if you don’t follow up.

This rule should also be applied to complaint management. Most companies have no follow through with people who have complained.

9. Adopt a ‘keep in touch’ program

What can you do for your customers that will allow you to contact them on a planned, regular basis?

Special offers, new product or service introductions or …? The best forms of ‘keep in touch’ are e.mail combined with a regular phone call.

But be warned – you should have a purpose for every call you make or email you send. Don’t just bombard your customers (and prospects) with garbage.

10. Develop a systematic approach to lost customer reactivation

The longer you fail to make or maintain contact, the likelier you are to lose customers forever.

If you check the most recent contact vs previous contact frequency, you can detect a lost or about to be lost customer. Do something to regain their business.

This is the most costly part of your operation – the lost customer, the lost referral.

Do you have a lost customer reactivation plan?

11. Gain new customers

Why are there so few high quality telemarketing divisions in companies? Certainly, the ‘T’ word is considered dirty and grubby in some quarters and indeed it can be. However, where you have trained professionals, comprehensively developed objectives and strategies why wouldn’t a well run telemarketing campaigns gain new business and new relationships for your organisation?

Quality telemarketing will generate leads, open up new business channels/market segments, build business with small, marginal and distance customers, give you real value (as a follow up) from exhibitions and seminars.

This is one of the most under utilised resources for business acquisition (and reactivation).

12. Develop and work your system

Success will come in all of the previously mentioned guidelines, tips and hints if you adopt a systematic approach. That is:

a) A sales and service oriented contact management system, based on a quality CRM package.

b) Well trained people who consistently add value to and gain value from every call they take or make.

c) Monitoring, Measuring and Reviewing each of the above and seeking continuous improvement both in contact management and people skills.

It is simple and what’s more, it works. Use the power of the humble telephone (and quality people) wisely, and you will gain great RESULTS: Relationships and Revenue.

The Business of Speaking for Profit, Pleasure, and Personal Growth

I believe that public speaking can be rewarding in many ways. First of all it can provide you with an opportunity to earn a fantastic full time or part time income working from home. Groups, organizations and businesses are always looking for informative, entertaining speakers to address their members at banquets, annual meetings, conferences etc. As you become well known as a speaker the invitations increase. Word of mouth is still the best form of advertising. As your reputation spreads you will find people from outside your local area approaching you to present to their group. Since I began my speaking career I have spoken to numerous groups throughout Canada and the United States. Not only are the financial rewards terrific, but I get to travel, all expenses paid, meet new people and see new country. What a great life and what great rewards for doing what I love to do.

Another appealing feature of a speaking career is that you control your own schedule. You accept only those engagements that fit nicely into your other family duties and obligations. If you want a month off, you just don’t accept bookings during that time. When you add this to no traffic jams to face twice a day and no boss to contend with it starts to hit you just how appealing this career is.

Not only do you determine how many speeches you would like to give per month but you also can negotiate how much you will charge per speech. When just starting out in the speaking business you will receive in the neighborhood of $200.00 per presentation. Within a year you could be receiving between $500 and $1000 per talk. Not bad part time money for doing something you love.

I like to have a fee range to accommodate the various budgets of different groups and to provide room for negotiation. I am in the business of opening doors of opportunity not closing them because my fee is rigid. This is entirely up to you. I know speakers who will not negotiate their fees. That is their choice.

If you just want to speak locally you can. If you want to spread your vocal wings across the region and the continent the possibilities are endless. Marketing yourself and your service will bring opportunities galore. If you have a computer and are online you can advertise on your own web site. This brings inquiries from all over the planet and spreads the word about your speaking topics and availability to millions of potential clients.

Added Benefits of a Public Speaking Career

1. Public speaking builds confidence. When you experience the thrill of holding an audience in the palm of your hand and receive their appreciative applause your confidence soars.

2. Public speaking boosts your self esteem. When you see the audience relate to you as someone who really knows what you are talking about your self esteem increases. And we all can use an increase in self esteem.

3. People start looking at you in a more positive way. Even if you never use your public speaking skills in giving formal presentations, people will notice that you are more articulate and confident in expressing an opinion or sharing an insight. You will discover that they begin looking to
you for advice and opinions on many issues.

4. It helps you become a more organized thinker.. Planning, writing and delivering a well researched , well organized presentation has an overflow effect in other areas of your life. You begin to plan and organize your thoughts more effectively.. This is especially helpful in your
career or business. When your manager or supervisor asks your opinion on some work- related issue you are better able to express your ideas in a clear, concise and well organized manner.

5. Public speaking begins to alter your self perception. As you begin to use the skills involved in public speaking you will notice that you begin to start talking to yourself in a more positive way. You begin to see yourself as capable and confident.

6. By accepting the challenge to speak in public you begin to explore and actualize your own potential. Many of us go through life not realizing how much we are capable of achieving. Public speaking is an effective tool in the process of self discovery.

7. Public speaking gives you the courage to break out of your comfort zone. I believe that the comfort zone is the enemy of human growth. When we are too comfortable where we are we tend to become stagnant. Speaking in public pushes us out of the comfort zone and reveals to
us our enormous capabilities.

If you feel compelled to share your expertise or message with others do so. Start slowly and start small but start. The benefits and rewards are tremendous.

7 Reasons to Start a High Profit Concrete Block Making Business

Making concrete blocks and other concrete products is a very profitable business. I can make this statement quite unequivocally since I was in this business most of my life. You may ask why making something as commonplace as cement blocks should be a great money maker. Well here are seven good reasons:

1. You can begin as a home based business. You can operate from your garage with no added costs. You can start out this way and when the business grows you can move to larger premises to accommodate your concrete block making machine and the drying racks for hundreds of concrete blocks.

2. You can start your concrete blocks business with hand made molds. You make these from plywood and sheet metal at very low cost. These molds are easy to make in your home workshop from available plans and instructions. Using hand molds one person can turn out 100 concrete blocks per day quite easily.

3. The demand for concrete blocks,and many other concrete products which you can make,never falters. They are a commodity which the building trades use to build all types of structure from tiny back yard projects to huge buildings. As long as building continues there will be a demand for your products.

4. Concrete blocks are not one day wonder widgets. Some items have a huge demand for a very limited period then fade from the scene. Think of the hula hoop or Rubik’s cube. Things like this are a short term craze which is quickly replaced by the next one. Concrete products however continue to be in demand year after year and the demand increases steadily.

5. When you start a home based business there is no big monetary risk. You can start with as little as a few hundred dollars. All you need is the plywood and sheet metal to build your hand molds and a supply of the basic materials for your concrete mix. These are Portland cement,gravel,sand and water. All of these can be obtained at your local building suopply store.

6. When you supply your products to buyers in your local area you have no high transportation costs. Concrete products are costly to transport from a distant maker because of their weight and size. You can supply home town customers at a very good price and make an excellent profit.

7. When your business grows to the point that you can no longer make enough blocks with hand molds you will need a concrete block machine. The only downside is that this is expensive. The machine will pay for it’s cost by increasing your production greatly. The alternative is to build your own low cost machine from auto parts and a few odds and ends. Can you build your own machine? Yes you very definitely can from plans with instructions which are readily available.

I could go on with many more reasons why you can do very well indeed in the concrete products manufacturing business. These seven reasons will paint the picture for you. Manufacturing concrete blocks and other concrete products is a profitable enterprise which you can start part time while you still hold a job. The risk is little and the rewards are great. Why not find out more about it?

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