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Archive for the ‘Ask an Expert’ Category

How To Cash In On Network Marketing Stock

28 Mar.
Posted by justinverrengia in Ask an Expert | Comments Off

“How to cash in on network marketing stock”, it feels good just saying the term right? Admit it, once you understood the concept of network marketing and the power of leverage it’s oh so hard to ever go back. Leverage is where millionaires are made, without it we struggle. How can you cash in on network marketing stock?

You can either purchase network marketing stock or earn it for free by being a successful marketer. This article is all about the ladder, how to cash in big time on network marketing stock, simply earning it from understanding and applying good marketing principles.

Typically, a great MLM company will have cash bonuses in which they give out to their reps whom earn it and when they do earn that bonus, they then have the option of exchanging the cash bonus for stock options. Think about it, if you earned a 100K bonus in your MLM company and they offered you either 100K cash or 200K in the company network marketing stock options and the company is doing nothing but exploding, approaching critical mass, what would you do?

Anyone wise would take the stock options and double, maybe even triple their money, right? Well this example is a true story of someone I personally know. He took the 100K bonus in network marketing stock options for 50 cents on the dollar and it soared up to 400K worth in no time. This is how you want to cash in on network marketing stock, but first we must build a successful organization of leaders, I will explain how this is done.

We already established we don’t want to pay for network marketing stock because we are going to earn it, correct? Ok, to build a successful network marketing company we MUST find leaders on our team. Now there are only 2 ways of getting leaders on your team, you can either steal them from another MLM company or you can develop them, the ladder is the ethical and more effective way. Why, well if you steal a leader from another deal well then they will eventually be stolen from you because there is no loyalty there and besides we all reap what we sow, right. Well how can you build leaders on your team?

Well first off let’s start by becoming a leader, with leadership comes great responsibility. If you don’t have the leadership skills needed then simply find a leader you wish to become like and follow him until you become him, this is a monkey see monkey do business after all. “The only way to become a good leader is to first become a great follower.” Only then can we cash in on free network marketing stock.

Ok, so now you’re the leader, you need build your team into what you now are. This is done simply by teaching and mentoring your team , again this is a monkey see monkey do business we’re in. What happens if you already have a large team and can’t mentor everyone? If this is the case look for your potential leaders already inside your organization. Well how can you tell whom has potential. The ones that listen to what you tell them and actually follow your directions, doing what your doing are the ones to put your time into. As long as they are teachable they have the potential to become great leaders inside your organization.

Once you build just a few leaders and your finished shaping and molding them, only then will you experience the true power of leverage. Now you can cash in on free network marketing stock.

Justin Verrengia is the author of the “How To Generate 1 Mlm Email Lead Per Minute” blog, and articles about personal growth as well as network marketing. To view more great free tips visit his blog at: http://www.squidoo.com/lensmaster/workshop/mlmemaillead

The Dangers of Procrastination

27 Mar.
Posted by steve725 in Ask an Expert | Comments Off

Putting off something that should be done now until a later time is what we have come to think of as procrastination. You might associate procrastination with someone who doesn’t take the garbage out right away, or someone who puts off cleaning the storm drains until there is a real clog. However, procrastination is present in business situations as well. Some of the most brilliant, work oriented people are guilty of procrastination in business. Here’s a bit of a story about a man named John.

John was a very clever, resourceful and smart entrepreneur. Upon deciding to open his own company in a niche that he wasn’t very familiar with, but that was really hot at the time, John began researching. Of course, in the beginning John was only interested in finding the best ways to operate his company but his research turned into a means of putting off the business venture.

He researched target markets, different companies that were similar to the one he wanted to start, common prices for services and products in this niche, etc. The more he researched, it seemed like the more he found that needed to be researched. In fact, in a short period of time, John became quite the expert in this niche.

As he continued to research, he began research on using the best available products for his business that he could find. He looked at the statistics on business endeavors and employees. While most people think that research is a great thing, John ended up researching to the point that he was procrastinating. Whether he was nervous to fail at the business or he just had a compulsion to know each and every detail that had to do anything with his niche is unknown.

The point is that this kind of cycle is very easy to get into with entrepreneurs and others. Some of the most successful business men and women are the ones that jumped right in and learned as they went. Of course, this is not the best method to take either. A beneficial middle between these two is the most desirable way to go.

Business is full of risks. This is one reason that people are so drawn to business and in fact, some people were simply born for the rush and the adrenaline of starting a new business venture or taking a new risk. In order to be truly successful, we have to escape the trap of procrastination and jump headlong into the risk.

Of course, some education is needed in order to understand the workings of what we are diving into, but too much can paralyze us. And, too much education that really is not on purpose can be too much of nothing.

Steve Scott is a business/life coach and business development consultant. He specializes in teaching entrepreneurs and solo and sales professionals to advance to a business and life of greater freedom and abundance. http://www.progresssetfree.com

12 Tips For Crating A Newsletter That Gets Read

24 Mar.
Posted by kimberlyanne in Ask an Expert | Comments Off

Why should you publish an e-zine (i.e., an e-mailed newsletter)? To revisit your customers and potential customers in your target market. It reminds them about you, and it gives them reasons to return to your site.

Your e-zines can deliver one or more of the following:

New info about your site (the easiest model to create/maintain)

New product/service introductions/upgrade announcements

Brand new content exclusive to subscribers (the hardest model, since it involves creating new content, but it may make sense if subscribers are prospective clients for your high-priced services)

Here are 12 tips to help you with creating your e-zine:

1. Set up the subject head of your newsletter carefully. Clearly have your topic in the subject, so it stands out as being a topic about which the user is interested. Have an issue number or volume number, so that they see this is a repeating publication – one they come to expect.

2. Keep a consistent schedule. Users begin to expect the message to come in on a certain day, at a certain time. That makes them less likely to delete it when it does arrive.

3. Write articles that provide your readers with a list of useful tips or instructions on how to reach an objective.

4. Publish interviews. Contact experts on the topic your e-zine covers and request interviews. Most people will agree as it provides them with promotion of their businesses at no cost. Publish your interviews in article format or use the popular Q&A formula.

5. Write articles that focus on a current hot topic, trend or something seasonal in nature such as how to increase sales during the holidays.

6. Provide polls for your subscribers to take. Publishing polls will help you to increase the number of people that read your e-zine because your subscribers will be interested in seeing the results. Your polls can also be used to help you decide on changes in your content, publishing schedule, or to decide on new things to add to your newsletter.

7. Provide your subscribers with resources related to your e-zine’s topic. You could provide a list of your favorite resources such as your top 5 books/e-books on e-zine publishing, marketing or web design with a brief description of each of your resources.

8. Provide endorsements within your newsletter for your products from respected experts in your field or list testimonials from your satisfied customers.

9. Add an “Ask The Editor” section. Write out thorough, detailed answers to your subscribers’ questions within this section. This will increase your status as an expert in your field, which will lead to more sales of your products.

10. At the end of each issue, tell your readers what your next issue is going to be about such as the title and description of your feature article or anything new that you have planned. This will help you to increase your readership by getting your subscribers to look forward to your next issue.

11. Show concretely that you value your visitors. Offer a freebie that is worth their consideration. Accomplish that and you will get new subscriptions. Now just make sure that your e-zine doesn’t disappoint. You want your e-zine to build long lasting relationships.

12. If you are a Service Seller, an newsletter is a must. The better your publication, the more you impress people with your expertise and ability to deliver. You build credibility.

No client hires a service provider on the first, second, or third contact. Repeat exposure is the effective repeat credibility-booster that you need to quietly-yet-powerfully convince your prospect that you are the right person to retain.

Kimberly Anne is a seasoned businessperson with over 20 years of marketing experience. With a BA and a MBA, she has helped thousands of people start home businesses and achieve success. For more information and resources visit Kimberly’s site http://www.all-about-home-businesses.com.

Improve Your Money Consciousness – It’s key to Your Success

24 Mar.
Posted by kimberlyanne in Ask an Expert | Comments Off

What is “money consciousness?” It is how one thinks, both consciously and unconsciously, about money.

Now, if I told you that 1% of the people control over 50% of the money in the United States, would you believe me?

Well, the distribution of wealth is that skewed.

What about this 1% who have the wealth – do you think that these people are any smarter than everyone else? Do you think they are luckier?

Well, they aren’t. The 1% of the population that controls over 50% of the money in the U.S. simply developed certain attitudes and habits that are geared toward high achievement and prosperity.

Simply put, they developed a money consciousness. They look at money differently than the majority of people.

Interested? Do you want to look at money in such a way that you could join that club – the 1% club, that is?

In his book “Think and Grow Rich,” Napoleon Hill wrote, “the attraction of money is very similar to the attraction between a man and a woman. Money must be pursued as a man would pursue a woman that he finds attractive. In order to attract a desirable woman, a man needs to make himself attractive.”

Hmmm. Now that’s an interesting perspective. That same philosophy probably applies to any big goals that a person pursues.

But, back to money. In order to attract money, you must develop a certain attitude toward success and toward money. A strong money consciousness is like a powerful magnet that attracts money.

Napoleon Hill further wrote “poverty is attracted to the one whose mind is favorable to it, as money is attracted to him whose mind has been deliberately prepared to attract it, and through the same laws. Poverty consciousness will voluntarily seize the mind which is not occupied with the money consciousness. The starting point for creating a money consciousness, and thus accumulating money, is persistence. With persistence, you will win.”

Ask yourself what your money consciousness is? Is it consistent with the goals you want to achieve? If it isn’t, then I suggest your money consciousness is holding you back.

Do you want to turn that around? Then start by being really honest with yourself about how you perceive money.

Perhaps your response to my above suggestion is something such as, “Well, I like money. Doesn’t everyone?” Possibly. But many people also have issues related to money: they can’t seem to hang on to it, they can’t seem to make enough of it, and they can’t seem to ever get ahead.

So, ask your self, “What is my relationship with money?” Once you are more aware of how you relate with money, you can begin to be more deliberate about how you think about money.

Make it a game. Make how you think about money a game and see what happens depending upon the way you play that game. Meaning, depending upon how you’re thinking about money what kind of results do you experience? Do you like the results? If yes, keep playing that way. If not, regroup, check out what you’re thinking and change those thoughts!

Kimberly Anne is a seasoned businessperson with over 20 years of marketing experience. With a BA and a MBA, she has helped thousands of people start home businesses and achieve success. For more information and resources visit Kimberly’s site http://www.all-about-home-businesses.com.

Information About the Patent Office

22 Mar.
Posted by New_Product_Expert in Ask an Expert | Comments Off

The United States Patent and Trademark Office is the governmental agency in charge of granting patents to inventors. As USPTO.gov states,

For over 200 years, the basic role of the United States Patent and Trademark Office (USPTO) has remained the same: to promote the progress of science and the useful arts by securing for limited times to inventors the exclusive right to their respective discoveries (Article 1, Section 8 of the United States Constitution).

The major function of the patents office is to examine patent applications and determine whether or not the invention in question is worthy of a patent. They also examine trademark applications in the same way. Unlike many other government agencies, the patents office is self-funded, that is, supported solely by the fees it collects from inventors for patent and trademark applications.

The patents office has three essential responsibilities as an agency:

1) It administers the laws pertaining to patents and trademarks
2) It advises the Secretary of Commerce, the President, and his entire administration on the protection of patents, trademarks, and copyrights
3) It provides general advice to the public on the trade aspects of intellectual property.

In total, the United States Patent and Trademark Office employs 8,189 people. Most of them work in the patent office’s five-building headquarters in Alexandria, Virginia. Of that number, 4,883 employees are patent examiners. These are the people who physically evaluate your patent application for the various criterions and decide whether or not to grant a patent. Another 413 employees are trademark examination attorneys. These are people qualified to act in matters involving trademark law, and accordingly, they have the task of evaluating trademark applications.

There is one key difference between these two groups. Patent examiners are scientists or engineers, but they are not required to have law degrees and so not all of them do. Trademark examiners, on the other hand, are required to be licensed attorneys. Both groups of examiners work under a quota system that dictates how many patents and trademarks they are authorized to grant in a given timeframe.

The remaining employees are all support staff to one or both of these two groups.

The patents office grants literally thousands of patents to corporations and inventors every year. To date, over seven million patents have been issued and recognized by the agency.

With the advent of Internet technology and the World Wide Web, the patents office has begun accepting patent applications filed electronically. Inventors or their patent attorneys have been able to file patent applications as Adobe PDF documents since March of 2006. The process is relatively straightforward and can be accomplished at the following web URL. Filing fees are paid via credit card or a USPTO “deposit account”, which is explained in greater detail on the website.

The ability to search for existing patents via the USPTO website has also improved in recent years. The website provides free electronic copies of existing patents with using TIFF, a container format for storing images. However, several commercial services exist to provide patent documents in other, more convenient formats such as CPC and Adobe PDF.

It is also possible for inventors to file their own patent applications without the help of a patent lawyer. This is known as pro se patent filing, and is actually quite common as a means of saving thousands of dollars is legal fees. The general rule is that the less complex an invention is, the more sense it makes for the inventor to do some homework and attempt to file the application himself. If an invention is significantly complex, however, it is probably a better idea to seek the aid of a patent attorney.

While the patents office cannot recommend specific attorneys to you, they do post a list of registered attorneys. If you are new to inventing and unsure of where to find a good attorney, use this list as a starting point. Copy down the names of some attorneys in your area and investigate them further before deciding on one.

In closing, the United States Patent and Trademark Office is the agency you must deal with in your quest for patent protection. By educating yourself about the nature and expectations of this agency, you will be better prepared to get your patent approved.

Eric Corl is the President of Idea Buyer LLC, a marketplace for new technology and products that gives inventors the opportunity to showcase their intellectual property to consumer product companies, entrepreneurs, retailers and manufacturers. EricCorl@IdeaBuyer.com or http://www.ideabuyer.com