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Why Choosing The Right Home Business Is Important

In today’s society, there are so many different home business opportunities out there, that it can become very difficult to choose the right one. Every time you click on the internet there is someone there pushing what they think would be the home based business solution for you. In this article, I wanted to share with you some proper steps you can take to help you make your choice much simpler, when choosing the right home business.

One of the most important things you can do, is write down your interests and talents that you possess. It is very critical that you really get inside your own head and figure out what direction you want go in. Figure out what drives you, what motivates you, and what you are truly passionate about. The mistake you do not want to make, is choosing a home business that you have no passion about. I mean it. Dig deep into your soul and be honest with yourself. When starting your search on a good home business opportunity, it is important that you start with a company that is willing to teach and mentor you. Everyone starting a home business needs help. At first you will encounter a learning curve that you must go through in order to get things running properly in your business. But with the right people and the right tools in place, you will quickly conquer this. Try to find a home business that have people there in place to help you succeed. I cannot begin to stress the importance of a great team behind you to ensure your success. It is not only important, but vital!

One important note I would like to point out to you, is that you must come to realize that there is no real business opportunity out there that you can start free or for very little money. In your search for the right home based business, you will encounter business opportunities that promise you the world for practically nothing at all. If you believe this, then maybe you should not start a business afterall. I mean come on, I live in the real world, and i’m pretty sure you do to. If you are going after a reputable and well established home business, then you know you will have to invest some type of money. Trust me, these companies telling you that you can make thousands in a week for just a pocketful of change, will not be around tomorrow. Stay as far away as you can from them.

As with any business out there, it is also important for you to research the type of business you are looking into. You have to understand that for a business to be profitable, it must have great market potential. It should also have longevity and not be trendy or faddish. It must have real staying power. Being unique is a very powerful tool to have. I’m not saying that you have to reinvent the wheel, but you must have a product or service that has true demand in the marketplace. Just take your time and research, it will pay you substantial dividends.

Overall, there are many other important factors in place that can help you decide which home business is right for you. I have shown you a few that will help you get going in the right direction. Remember that it takes real work to start a business and there is no easy solution out there. You can take that from me, I am living proof. Just be true and honest with yourself, and you will go far with success in your life.

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Investing In Farmland A Beginners Guide To Uk Farmland Investment

Agricultural land investment is clearly the hot ticket of the moment, with every level of investor from institutional funds such as Schroders and Barings investing millions of pounds, to smaller retail investors with a few thousand seeking good quality farmland for investment. Whether you have access to 50 million or 20,000, there are projects and strategies available on the open market to suit your budget and requirement, from the UK to Australia, and from the Ukraine to South America, all with subscribing to different investment strategies, and some less credible in terms of end value than others.

One part of the current trend that alarms me is the apparent rush of retail investors to invest in farmland overseas, buying up title or leases with little or no comprehension of the true value of the underlying asset. For which they are parting with hard earned cash for. Agricultural land produces soft-commodities (food), and as such the value of the land is intrinsically linked to current pricing trends for whichever commodity is being produced by that land, along with a host of other factors. Currently food commodity prices are at a forty year low, indicating a huge margin for growth in value of both soft-commodities and therefore the underlying asset that produces them, yet investors that lack experience seem to be purchasing or leasing farmland outside their domiciled country without sight of any kind of credible, regulated valuation, seemingly smitten with the story of growth and income, without truly understanding the fundamentals supporting farmland investment, risk, or exit strategy.

When speaking to clients on a daily basis about the relevance of investing in farmland as part of an overall low-risk strategy, I think it is most important for investors to understand the fundamentals supporting agricultural land investment, as well as the various investment strategies that can be employed to gain exposure to this sector and asset class, and more importantly, investors should have enough knowledge to decide whether farmland investment is a suitable asset allocation strategy to suit their own needs. Here are some of the broad profiles of investors that should or should not investigate the prospect of investing in farmland:

  • Investors that Should Consider Farmland
  • Investors that Should Not Consider Farmland
  • Investors holding cash as part of a low-risk portfolio
  • Investors with a requirement to leverage
  • Investors requiring stable, consistent income
  • Investors with a high-risk approach / strategy
  • Investors with a necessity to hedge inflation
  • Investors with a risk-averse approach
  • Investors desiring exposure to property

Current Market Conditions

If this article is to be well-rounded and achieve the goal of helping the investor to make an informed decision, it is important to explore the current market conditions that have led to this whirl of interest in farmland investment from both the retail and institutional sectors.

Firstly, we are seeing price volatility in more traditional asset classes such as stocks and bonds, which is a result mostly of the fact that the world is still in a precarious economic position with very poor levels of forward visibility. With Economists unable agree with each other and comfortably project where our global and national economies are headed, it is very difficult to price and value assets such as companies, and therefore the shares that make up these businesses.

Secondly, on a global basis, and specifically in the UK, the central bank has undertaken a policy of quantative easing, i.e. printing more money and flushing it into the main supply in an effort to kick-start the economy. This will lead to higher levels of inflation to some degree, and in an inflationary environment investors seek to protect their wealth by purchasing assets that have a positive correlation with inflation i.e. their value rises when inflation rises, providing growth for the investors over and above the rate of inflation..

Thirdly, investors have always kept back some cash as part of their portfolios, feeling it is the safest of assets offering the lowest level of capital risk, whilst at the same time providing an income return relevant to the interest rate they achieve. In the current climate with central bank interest rates so low, investors have lost these risk-free returns, so must seek out an asset that not only grows in value, but also produces an income to replace the lost revenue.

These three characteristics that define the current economic playing field all combine to draw investors to the idea that investing in farmland is a sound strategy, and that a well-placed farmland investment will provide not only the inflation beating growth that is required, but also replace the income lost from cash deposits, as well as provide the low-risk stability that is required in times of poor visibility, as farmland is one of the very few assets that are absolutely essential to the survival of the human race yet is in ultimately short supply, ensuring that sound fundamentals support a continuation of the current value growth, and increasing income streams as food commodity prices start to increase to previous levels.

So how does arable land perform as an investment asset? Well some of the key characteristics of agricultural land investment are as follows:

Investing in farmland provides a proven inflation hedge, with data showing very clearly that tillable land shares a positive correlation with inflation. Historically farmland values increase faster than inflation, which lend investors confidence in the asset as not only an inflation hedge but also a capital preservation tool as farmland is viewed as a low-risk asset as the investment is underpinned with an asset that is in limited supply but where demand for food is increasing at an astounding, and frankly unsustainable rate, and unlike other commodities that we require for day to day operation such as oil, metals or gas, farmland is a renewable resource that continues to produce food season after season.

Agricultural land investment is also a good strategy for stable, consistent income, as unlike other popular low-risk investments such as gold, farmland also provides regular income, either from the commercial farming activities, or from renting the farm to a farmer to work the land and capturing a rental income instead. With farming tenancy occupancy rates at nearly 100% in the UK, this income is stable and regular, making investing farmland ideal for those investors seeking low volatility income.

The Strategies For Greater Social Media Impact

It’s difficult to be all over the place, so pick a few stages where your clients and possibilities are hanging out and post, offer, and remark routinely. To benefit from your endeavors, here are my main 7 significant methodologies to guarantee your image is getting ideal effect.

  • Incorporate an Engaging LinkedIn Headline or Facebook Intro: Don’t state no doubt about it or a “Business Consultant.” Instead, tell individuals precisely how you can help them; for instance, “Publicist, Marketing Strategist and Brand Storyteller to Accelerate Your Sales and Profits.”
  • Compose a Compelling Summary or About Section: Answer the inquiry, “what do you do?” As with all your advertising messages, compose from your client’s perspective. So what difficulties do you settle or arrangements do you give – which means the results that your clients get when working with you?
  • Update Your Contact Info: Please, if you don’t mind please incorporate your telephone number, your total location in case you’re a retail facade (connection to Google Maps), and a connect to your Website. I’m most likely by all account not the only one who has been out and about looking for a specific store and feeling baffled as I look around attempting to discover a location or telephone number. Furthermore, also, I’ve shown up at shut down stores, despite the fact that their hours are recorded as being “OPEN.” If you change your working hours, change your Website and all online media postings!
  • Use Brand Images: When it comes to designs, make certain to utilize an expert headshot and not a charming picture of your canine. Truly! This is your image we’re discussing. Incorporate a marked cover photograph or foundation picture too – don’t leave the default blue foundation (LinkedIn) or clear space. This could be your initial introduction – make it an extraordinary one!
  • Modify Visual Content: Each social stage has its own plan norms with regards to realistic size, so make certain to estimate your illustrations in like manner. I use Canva to make my illustrations as they make it easy to resize a picture for different stages with a brisk snap of a catch and a couple of minor plan changes.
  • Offer Your Videos: According to LinkedIn master. Goldie Chan, recordings get shared multiple times more than static pictures. Make short (one to two minutes or less) recordings that explain a point, show a thing or two, or offer a supportive tip. Add your logo and a source of inspiration.
  • Make a Social Media Calendar: By making a system of posts, you can without much of a stretch offer substance that resounds with your crowd and advances your image adequately. Utilize an Excel accounting page or download a free format online to begin. Rundown the items and administrations that you need to advance every week alongside motivations (Motivation Mondays or Fun Fridays), client stories, blog entries, video tips, shared articles, and so on The rundown is interminable. Making a structure for every week or every month removes the cerebral pain from choosing what to post every day and guarantee you’re not very salesy. These are “social” stages, not a business call.

That is The Strategies For Greater Social Media Impact. I hope this article could help you to develop your business.

 

Are We Losing The Art Of Conversation?

It struck me today when I was at lunch just how quiet the kitchen was. There were 5 of us all huddled together, a variety of different sandwiches and salads adorning the table, and guess what, we were all looking at our phone screens, flicking and tapping randomly, furiously and laughing all in our own little bubbles.

Tonight I changed a habit. While having my dinner instead of reading the journal. ie or checking out what was happening on Facebook, I turned the phone off, left the tablet in the bag and watched and listened as my two kids laughed and sang along to the film Frozen. My little girl in particular loves this movie and wants to be Elsa, so as soon as the song “Let it go” came on she started to sing without been prompted. She saw me looking at her in pure daddy awe and smiling that proud, that’s my little girl smile, and she gave me a little wave as if to say “thanks for listening to me daddy”

It touched me deeply because had I been engrossed on my phone I would have missed that moment of innate connection between us, where no words were spoken, but my face and body language expressed 100’s of words, emotions, love and pride.

Don’t get me wrong I think the strides we have made in technology are incredible.

I love social media marketing so much that I went back to college by night to get my diploma in Digital Marketing and Facebook and Twitter have both allowed me to stay in contact with great friends who are now in the four corners of the globe.

But I think we need to just now and then take a check that we are controlling our technology not the other way around.

I first started in Marketing when I was 16 in 1987 (oh god I feel old) working in Arnotts department store as a sales assistant.

Social Media was not part of our lives and a phone was something you dialed on the desk by the cash register. At 16 I was thrust into the world of face to face conversation and having to talk to people I did not know.

I had strangers come up and look me in the eye and ask me to help them find the right shirt, jeans or suit. After all I had the white shirt and tie on, so I was the expert in their eyes, although the mother who asked me to measure her little boy for trousers, who I then proceeded to advise that he had a fifty inch waste, would probably beg to differ. I never did get the hang of the measuring tape!!

However, the point I want to make is that when each of these customers came into the shop in person looking for my help I could not text, email, tweet or Facebook them the answer. I had to stand there in person and communicate to them both verbally and with my body language to find out what they needed, solve their problem and ultimately create rapport.

As business has evolved and the technology has increased we seem to be spending less time talking to each other in person and instead we use technology to do the engagement for us.

Just think about how many face to face meetings you now have for reviews or general catch up with a client in person. It probably is very different to what is was 3 to 5 years ago as we now communicate via non face to face methods. I myself have clients who I have spoken to numerous times on the phone or via email but who I have never met in person even though I have tried to get that face to face meeting. Everyone is just too busy it would seem.

This train of thought was further highlighted when I was recently at a networking event and I found it strange just how many people there were conducting online conversations and staring at their phones rather than talking face to face with the other people in the room.

I recently came across a great article entitled, Saving The Lost Art Of Conversation by Megan of the Atlantic, and in this piece she starts to review these very points that I am touching on.

In her article she recounts her interview with Sherry, a hugely respected psychologist and a professor at MIT. Sherry was working on a new book called “Reclaiming Conversation” and from her research she came to the conclusion that we’re talking all the time, in person as well as in texts, in e-mails, over the phone, on Facebook and on Twitter.

Obviously I don’t want to sound like a hypocrite or that the art of conversation is doomed. I know I am using the power of technology to share this post with you, and don’t get me wrong, I do love all the advances and the ideas of what is coming down the line in the future, such as wearable technology, apple I watch, near field communication etc, but let’s not forget that we are social and tactile creatures, and I hope that human interaction and face to face conversation will not die.

I think back to when I was a teenager and all the excitement followed by utter or was it mortification, and then the elation, when after an hours of eye contact and finally plucking up the courage to go over to that girl I fancied in the disco and asking her to dance and she says yes. Oh the joy and then the fear as I realized I can’t dance!!!

That whole scenario obviously would have been completely different and nowhere as emotionally charged or exciting if done by text or tweet.

So I challenge you, as I will be challenging myself each day, to put the phone and tablet down a little more than you do right now and let your other senses do the conversing.

Building a “Successful-Product Pyramid”

Basically, businesses that are into tangible products are on a dead end today. It is because they don’t have an idea on how to create a successful product. Most of the businesses today only adds more features on a certain product and increase its price. They market it as new products even if it is only an improvement of the latter.

It is true that we are lacking enough minds to create a successful product, but deceiving the public is not something that businesses should do. The richest man in the Philippines once said that you have to be honest with your customers if you want them to stay and be loyal in your brand. Well, how can you expect them to stay and be loyal to your brand if you are not giving them what they deserve?

If you wanted to build a successful product, here are some of the important things that you need to know.

Put Innovation as your Product’s Foundation

When creating a product, you should always put innovation as the foundation because in the end, everything comes down on how your product is unique from the others. It is really hard to create a unique product and it is also the reason why every company spends a lot of time, effort and money to create a new product.

Instead of wasting time thinking of adding new features on an already existing product, think of a new product. It will take time, but you don’t have to release new products on a regular basis. You can always add features and tell them that it will be a new addition to the products. You don’t have to add features and increase the price of the item.

Your Product should be Functional

The term “Functional” is not only for electronic products. It can be applied to all the other products on the market today. Let’s say that you already have an idea on what to product, the question is how can you make it functional? You cannot sell an idea. Your idea should be functional if you want people to buy it. If your product will not live up to what you are claiming, it will never be successful no matter what you do.

If you think that the idea of the product is good enough or the design, it should be functional first. It should be a step by step process. You can determine the functions of a product unless you innovate first. You cannot make a design unless you do the first two.

Think of an Attractive Design

Don’t overdo the design because you are not selling a product just because of designs. Make it look attractive and make sure that the functions will not be affected in any way. This is the last step in the successful product pyramid. Even if it is only about the design, it plays a very important role in the marketing of the product.

Many business owners and Filipino billionaires know about this, but only a few are using this. It should be done by business owners if they want to make a successful product.

Booking Your Business Dealings In The Best Meeting Rooms

Having your meetings in innovative-designed meeting rooms pays off a lot. In terms of satisfying your clients, this is one effective way of doing it.

When you are to hold a meeting, it is wise that you find a place that will give your business associates the professional feel they seek, an ambiance that is inviting and a place that is well equipped to address the things that your clients may need while in the business meeting. Being able to provide these to you clients gives you the edge and will more likely be a start of a new partnership of an extension of a business contract you may have with them.

Renting out meeting rooms is an option for you, should you don’t have a traditional office wherein a small to medium size business conference room is usually built in. Also if the size of the attendee is quite big then the more you need to rent out a space that will be able to accommodate them. It is not hard find though as there are several meeting rooms for lease that can provide the needs your business colleagues as well as of the meeting to be done. These rooms can also be useful should there are events your company plans to organize.

There is not need to add to the crowd a cafe has just so you can discussion your dealings with your clients. Opting these meetings rooms will be able to provide you a way better place to have your transactions done with comfort and at no base at all or be bother by the sounds or noise of the nearby tables. And one other edge these rooms have is the fact that they are located in prime business places, which all the more the clients would prefer.

Booking your meetings in the said places would not be that difficult for there are personnel in the serviced offices that will accommodate you call as well as your queries. For the inclusions of the varying rooms they have, you will be educated on that for you to decide which one to pick. For the amenities, they got free information technology support ready for you and of course free wi-fi for use.

All in all having these serviced meeting rooms are your best choice and the perfect workaround if your place is too small to accommodate your clients. As for impressing potential clients, this is where you can best take them

Procurement Skills: How To Demonstrate Your Value To Your Organisation

As procurement professionals we have to continually demonstrate our value to our organization by focusing on the key activities that deliver the most added benefits. What gets in the way of doing this is the myriad of other things that we have to do each day. Often there is more to do than we are able to achieve in the time available to us.

At this point we need a good process for prioritizing our tasks, planning our work and working our plan. The best analogy I have ever heard on prioritizing work came from Stephen Covey; it is called the “rocks, pebbles and sand” analogy for time management.

The story as told by Mr Covey is that an expert was addressing a group of business students. He reached beneath the desk to produce a large glass container and proceeded to fill it with rocks. When he could fit no more in he asked the group whether the container was full to which the group replied yes it was.

He then produced some pebbles and through a process of shaking the container managed to fit them all in the gaps between the rocks. Similarly, he managed to fill the gaps between the pebbles with sand. The group then thought the container was full until the expert successfully poured a jug of water into the container.

The lesson of this story is clear. If the container represents the time we have available to us in a period of time and the rocks, pebbles, sand and water represent the tasks we have to carry out then we can only do them all if we do the rocks first and the rest in order of size. In other words, start with your biggest tasks first and only go to the next level of tasks once the big ones are complete. If you do the tasks the other way round, you will never get to the big rocks (tasks).

So what are the big rocks that procurement professionals need to do first before they give their attention to the smaller tasks? I would suggest the following:-

  • Understanding your supply markets – what is their scope, who are the major players, are they growing or declining, is there scope to bring in new entrants and so on.
  • Understanding the demand for products and services in your organization and how this relates to your supply market knowledge. For example, is there a need to develop a particular market by stimulating innovation or attracting new entrants?
  • Organizing price and cost analyses and carrying out bench-marking exercises to understand the opportunities for savings. This might be linked to value analysis and value engineering exercises.
  • Carrying out supply chain risk assessments so that you understand the potential vulnerability for your organization and then put in place effective monitoring and mitigation.
  • Working with key suppliers to bring about product, service and cost innovations, improve delivery processes and carry out joint planning and product/service co-design (all part of a supplier relationship management program).
  • Building effective working relationships with other parts of your organization.
  • Measuring performance (both the procurement organization and suppliers) as the basis of designing and delivering improvement programs.
  • Continually improving your capability through knowledge exchange, training courses and coaching.

Do these big rock activities well and you will show your organization what great value you can add. This then becomes a “no brainer” case for investing in more resource to do the other, smaller tasks if you can’t do them all yourself.

Isn’t It Time to Wake-Up?

People (at all ages), often say things like, “you made me feel this way”, etc. It just simply isn’t true. Only you decide how you’re going to feel. No one has that power over you.

You get to decide whether or not to react or respond to someone/something. Not the other way around. Now, if you notice you constantly feel bad around someone, you will want to look at why that is. Are you needing to work on setting boundaries with others, is there another reason why this is persisting, or does this person have a negative energy about them and it’s time to take control of who you’re surround yourself with? In any event, it is still your decision on how you react. I remember being told this by someone years ago when I was first entering the self-development arena. I got it intellectually, but didn’t really “get it” on a deeper level. This involves a lot of inner work, and it starts with taking responsibility for every single thing happening in your life.

It amazes me when people complain about not getting the results in their life. You are your only problem. If you aren’t getting what you want externally, something is off internally. What is happening on the outside of you is a direct result of your thinking. Always. Regardless if it’s negative or positive. You need to look inside. Who are you being or not being? What type of thinking is causing you to stay stuck? Do you believe you have to struggle or think the potential clients you are talking to just aren’t ready to take action? You are fooling yourself. This is your subconscious trying to keep you stuck. It has a positive intention, which is to keep you where you feel safe. Growing a business involves risk and putting yourself out there. This can be scary and to the subconscious it’s not a safe zone.

In order to figure out where your thinking is off, you will need to look. If you are speaking to your ideal client and they decide not to move forward with your service, the problem is you. Something is going wrong in the sales conversation. It is likely that you’re stopping yourself from asking those tougher questions because you care too much what they think of you. However, if you don’t ask those tougher questions, they will not see that they need your help and that you’re the one to provide the help.

Look at the results you’re getting/not getting and determine if you’re where you want to be. If they’re in line with your vision, then awesome! If not, take a hard look at your thinking. No one is to blame but you.

Those are some common themes that I see preventing business owners from moving forward. Running a business involves a commitment to doing whatever it takes to succeed. Are you willing to take responsibility for your life / actions / results? Once you do this, you will be amazed at what starts to happen.

Jobs You Can Do From Your Dorm Room

College students are going to head back to school soon and that means many of them will have to leave their summer jobs behind. While many students will try to find jobs on campus, others will try to stretch the money they saved during the summer. For those that want to make money, but don’t want to work on campus, working from a dorm room may be perfect. These telecommuting jobs are flexible to allow you to keep studying top priority while earning money.

Freelance Writing

Business owners want freelance writers to provide content for their websites. You can write for blogs on topics that interest you. All you have to do is find business owners in niches you like that need content for their sites.

You can find work on Elance, oDesk, and Craigslist. You may have to start working for a lower wage than others to gain experience and a reputation, but once you have that, you’ll be able to get higher paying work.

Data Entry

Many companies are outsourcing their data entry now because it keeps costs low. The data you must enter can be delivered to you via email, and then you’ll be granted access to their database. You will need to take the information sent to you and input it into the database. These jobs are paid by project or per hour depending on the company.

You can find jobs like this on Elance and oDesk, but you can also search large job sites such as Monster.com and Indeed.com for them.

Transcription

Transcription involves taking a recording and typing it out. Many doctors, lawyers, and other professionals need this service because they don’t have the time to convert their recordings to text. You’ll receive audio files via email or mail, and then you’ll have to type them. You can send the text file back via email, which makes it perfect for a college student working in a dorm room.

You can find these jobs on large job search sites because that’s where professionals usually post their needs for transcriptions. You can also work for transcription companies such as Aberdeen, AccuTran Global and Capital Typing.

Get Started Today

The best time to start looking for a job is now. The sooner you start looking, the more prepared you’ll be when you get to school. You’ll be able to learn the jobs you receive before you start classes too. Start with the sites mentioned here and then you can start exploring other options if you have the time.

Why We Shouldnt Be Afraid of Emotions

For so many decades we’ve been taught that Intellectual Intelligence (IQ) is what gets us places in the corporate world, yet nowadays we are seeing that it is more Emotional Intelligence (EQ) that gets us places. IQ is what gets us our position, EQ is what enables us to keep our position and become a great leader.

However we are not taught EQ skills at school, nor at Varsity and certainly not in the workplace. At least not until recently when mentoring and coaching started becoming a profession. And even then, it has only really been aimed at the Senior managers and Executives of an organization.

Its a known fact that the higher up the corporate ladder you climb, it is more about EQ and less about IQ as your day to day duties largely revolve around managing people, teams and divisions to ensure deliverables and business objectives are met.

So what is being done to help the newly appointed junior managers to develop their EQ skills and become better managers and leaders?

If they are the future of a business and are being groomed to take the lead at some point, then surely it should be key for them to as eligible for the development of EQ skills?

There is a huge need to help up and coming managers develop their EQ skills to become better managers. Often they struggle with the transition from being on the same level as their peers to at times having to manage those very same peers.

By becoming self aware of our own emotions and what drives our actions and behavior, we can better self manage as well as others who come into our space by being conscious and aware of the relational space between two people. This is termed as Self Mastery.

If we can practice self mastery in our personal and peer relationships, not only do we become a better, more authentic person, but we also have better quality relationships. Self Mastery teaches us important skills such as: effective communication, hearing vs. listening, conflict and diversity management, empathy, compassion and understanding. It also helps create trust and safety in relationships.

And this is where HR departments can play a big role in creating an environment that enables mentoring and coaching as part of everyone’s career path to help create more authentic, emotionally attuned leaders resulting in a healthier working environment and happier employees all round.