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Calculating the Cost of a Service

A friend of mine sent this to me. I changed it to web designer, it applies to all of us…  A CONVERSATION ABOUT PERCEIVED VALUE: A customer asked a me friend how much it would cost to do this project. I gave him a proposal: $4500 The customer responded: That’s seems really high. I asked: What do you think is a reasonable price for this job? The customer answered: $2500 maximum I responded:  Ok, then I invite you to do it yourself. The customer answered: I don’t know how to. I responded:  Alright, then how about for $2500 I’ll teach

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How to Think Like a Successful Entrepreneur

The 15-Minute Entrepreneur As an entrepreneur who is working in a solo situation, the most precious commodity you have is that of time.  Many people who work for themselves find it difficult to achieve all of their goals and cross off items on their task list simply because they feel overwhelmed and disorganized. Instead of trying to overhaul your entire life in one go, it’s often better to integrate a series of micro habits that can gradually improve your systems as a whole and move you further toward achieving the success you have always dreamed of. You may think you need

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Do you have a business idea, but don’t know how to start? Incubate your idea online. There is a scholarship for you

Advantages of Incubating a Business Idea Incubating a business idea requires discipline and self-motivation. The idea can range from clothespins to computers. It depends on the team, but requires a high level of leadership and entrepreneurial spirit to come to fruition. The team leader should be someone with a proven track record of fostering innovation and a desire to improve their company. Incubator employees need to be self-motivated and disciplined. Before deciding to take part in an incubator program, entrepreneurs should research the specific requirements of the program. Many incubators require a portion of ownership. While this is not the case

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How to Spot Business Ideas Worth Pursuing

How to Spot a Business Opportunity Marketing is a necessity, especially in the realm of how to spot a business you are making money with. But not all marketing efforts are equal, so do some research and ask some questions of your prospects before you make any commitments. After all, this is business and it is your responsibility to protect yourself from potential risks. The following are a few tips to help you decide on the right marketing tactic for your product or service. The most important thing to remember about your business is that you should not target a specific

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Stressed about your business goals?

Today I’ve got something to share with those of you who have experienced stress and struggle towards your online business goals… Yesterday, my heart rate was between 180-191 beats per minute for over 40 mins of my 53 minute squash match (according to my fitness watch). I had more efficient foot work, hit a bit tighter and ran a little less distance than my interclub opponent. But I still lost. Despite so much work on my fitness and shot play, his superior fitness and patience won out. That’s just a small insight as to how hard it is for me to go up

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How can an entrepreneur use motivational tools to succeed?

Using Motivational Tools to Meet Your Goals Many people think that they have to rely on themselves to stay motivated when striving to reach new goals. This is actually not true and there are many tools that you can use to make reaching goals much easier. Some of the most popular motivational tools you can use include simple things like using blogs, journals, online calendars and planners. All of these things can really help you stay on track and achieve your goals. A blog or journal can really help you plan out your steps to reach your goal. You can keep

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Understanding Cryptocurrencies

Understanding Cryptosystems Is Vital For Entrepreneur Success As a student of cryptosystems, you have probably heard the term Decentralized Cryptocurrency Systems (DTCS). You might wonder how it is different from more popular choices like FAP Turbo or Forex MegaDroid. Basically, the core principle at work behind these systems is to allow you to trade in currencies without needing to store, secure or spend any money on account with any one particular entity. These programs work by analyzing market conditions and current economic trends and acting on their own. Essentially, you as the trader are part of a larger plan or system

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8 Steps for Paying Employees of Small Businesses

If you’re a new business owner, learning how to pay your employees may seem tricky. After all, you can’t just hand them a wad of cash. You need to document every dollar that passes through your hands to theirs in a legal way. ‍ Fortunately, the process isn’t as daunting as it seems.  In this guide, you’ll learn: ‍ Different types of compensation classifications How to determine how much to pay an employee How to pay an employee in a small business How to pay a worker with a 1099 Different Types of Compensation There are three primary ways that businesses

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