What Is A Professional Work At Home Based Business Entrepreneur

In the past some of the most professional entrepreneurs were people who worked as doctors, or accountant,s or lawyers, or engineers. To get to that level in these professions these entrepreneurs had to sacrifice a tremendous amount of time and money early in their career.

This included the amount of time spent going to college as well as building a clientele. Once they opened up their own business it also meant they were possibly deeply in debt and spent much of their early careers repaying things like college loans.

The Internet has changed all that. Some of the most highly paid entrepreneurs now are people who work at home for themselves using the Internet. Whereas professionals in the past had to go to work today’s highly paid work at home based business entrepreneurs can earn hundreds of thousands or even millions of dollars without ever leaving their home.

Plus, they get the opportunity to do it without ever leaving their front door and with nothing more than Internet access on their computer. These highly paid entrepreneurs are able to choose the type of websites they develop. As well as the type of blogs that they create articles in and the very products that they want to sell.

One thing that hasn’t changed is how customers need to be treated. Whether you are a doctor trying to take care somebody that sick, or you’re an Internet marketer trying to help somebody who’s looking for information, you still have to treat your customers with respect and dignity.

This is an attitude that separates highly successful entrepreneurs from people who never really ever make any money, or achieve any success working at home. Because of the number of people to get scammed every day on the Internet honesty is still the best policy. If you treat your customers honestly, they will come back and buy from you again. They will also refer you allowing you to create more customers.

Customer service has not changed either. On the Internet it’s just done in a different way. You will spend very little time answering the phone or talking to people in person. But you do spend a tremendous amount of time replying to e-mails, blog comments, and doing other forms of marketing including discussion forums and e-mail marketing.

Occasionally you’ll have a dissatisfied customer. Many times, this will involve giving a refund. This is part of what a professional work and home based business entrepreneur does. They do whatever it takes to keep their customers satisfied all the while trying to build their own business.

In conclusion you see two words over and over, entrepreneur and professional. A work at home based business entrepreneur and professional has no limit to the amount of money they can make working at home.

Success Strategy of Bill Gates As Small Business Entrepreneur For Your Own Home Business

Introduction

Strategies are strategies. Dismiss for a moment from your mind what some people are saying about Bill Gates’s offensive practices he used to transform himself from a small business entrepreneur to a titan in the business world. There are yet honest-to-goodness strategies we can glean from his sleeves. We can study, learn from them and possibly apply them in our own home based business. Upon this premise that this article was written.

Strategy of Bill Gates – Have a Vision

At the outset, I will lay down the results of my research on one secret strategy of Bill Gates. He used the same strategy to jump-start his small business to today’s business behemoth. Based on my research, the strategy of Bill Gates is grounded upon the following:

“Have a VISION of what you want to achieve
and hold on to that vision come wrath or
high water.”

His vision was:

“A Personal Computer on every desk.”

By the way, I didn’t want to use the grammatically correct expression “come hell or high water” – for personal reason – so excuse my grammatical preference. Anyway, let’s go back to our subject. When you have a vision, you can make the impossible possible.

Almost everybody is familiar about how once upon a time the small business entrepreneur Bill Gates secured mighty IBM’s contract to supply the latter’s operating system. When he was negotiating with the IBM people, he had no operating system as yet. He was able to buy a Disk Operating System or DOS for $50 thousand. In the end, he got the contract. Why?

Bill Gates was guided by his vision – that every desk all over the world should have a computer on it. This vision enabled him to provide IBM with a DOS operating system and have control over it including to whom he wanted it sold to.

Beginning Entrepreneur

Before he became an entrepreneur, Bill Gates had nurtured the vision that software will one day rule the world. During high school he spent many late nights with friend Paul Allen tinkering with the school’s computer system.

He dropped out of college after completing his junior year at Harvard. Instead, he and his bosom friend Paul Allen set up a small business – a software company – in far away New Mexico. This move was in accordance with his vision.

His vision became clearer as he moved from a total newbie to one with a small business to keep. His vision was clothed in clearer terms, as he negotiated the DOS deal with IBM.

Better late than never

Bill Gates’s company ultimately became the leader in the software arena. During the first half of the 1990’s – 1993 to be exact – he was among the last of the software titans to acknowledge the future significance of the Internet.

But once he did realize that indeed Internet was the wave of the future, he had the tenacity to reshape his vision. His vision retained its old flavor – that is, software dominance in commerce, industry and in every field. It was rehashed in his own words as follows:

“In the years ahead, the Internet will have
an even more profound effect on the way
we work, live and learn … this technology
will be one of the key cultural and economic
forces of the early 21st century.”

At this moment in time, Bill Gates is guided by the vision that the Internet is the wave of the present and the foreseeable future.

Lessons Learned

You can learn from Bill Gates by having your own vision for your small business. Lay down this vision in your mind. Then put it into writing. Read your vision everyday while at work in your small corner of the house. Your vision could be as short-term as the following:

“To make my web site land within the top five of
Google when people search for the keywords
‘home based business,'” or

“$200,000 earning this year from Google
Adsense,”or

“To enrich the content of my web site using
the theme ‘scrap book making.'”

Do not limit yourself to short-term vision. Aim for the long-term. A five to ten years period would suffice. Technology may change but your vision will essentially be the same. You may refine it if deemed necessary, like incorporating the effect of technological changes – as Bill Gates did.

Your Share of the Pie

Everybody – from Bill Gates down to your netpreneur friend – has recognized the tremendous role of the Internet in business developments. Some of the more immediate pressing concerns you should consider at this stage concerning your home based business are the following:

– General preference for digital transactions by clients. For example, as a beginning Internet entrepreneur you should meet your clients’ demands who favor the use of online payment system.

At this juncture, I would like to refer you to my web site at http://www.InternetMarketingLearningCenter.com which offers free learning stuff on Internet marketing and home based business. One category being tackled in the web site is the online payment system. You may read online news and keep yourself abreast of the best software companion for your small business.

– Choose products that are preferred by people at this time when the Internet is dominating people’s lives. It has been determined that information products and web shopping are favored by most consumers. Information products include your very own ebooks and “how-to” manuals.

– Make it your aim that your products are cheap, very useful, and the best among the rest of competing products. This applies most especially to shopping products. For your own digital products, you have the advantage of pricing them according to your own estimation.

You as the author of your own digital product determines the price level. It is no wonder why gurus like Jay Abraham, Jim Daniels and the late Corey Rudl have become so wealthy from selling their own digital pieces.

As for these three gurus, they will be among the titans that we will tackle in future issues of this series.

(c) 2005 Rick Tanzo. Reprint rights granted so long as article, by-line and active links are reproduced intact.

Business Plan Development – Free Government Resources to Aid in Business Planning

In your quest to develop your business plan you will want to obtain information regarding industry analysis, legal and regulatory statutes, manufacturing, training and counseling, and maybe corporate financials and international information and data. This is just a few of the areas you can research through our government’s online resources. Though they are free and free is often synonymous with undervalued they are indeed not free. Your tax dollars pay for them and the information is rich and vast. These government resources are put there to help you succeed so there is no better place to start your research than with the resources you pay for. The U.S. Census Bureau, Department of Commerce, Small Business Administration, Internal Revenue Service, The State Department, FedStats, Export.gov, and the U.S. Securities and Exchange Commission all have information that you will find helpful. I will talk a little about each one, what they do, and how you can use them.

The first place you may want to start with your investigation on industry analysis is through The Department of Commerce. The DoC is comprised of twelve separate agencies responsible for many things regarding business from weather forecasts to patent protection. Their mission statement states exactly what they do and there is no better way to sum it up, “The DoC touches the daily lives of the American people in many ways, with a wide range of responsibilities in the areas of trade, economic development, technology, entrepreneurship and business development, environmental stewardship, and statistical research and analysis.” There is much to the DoC and they also are a portal to several other government agencies and partners that you may find useful.

The U.S. Census Bureau, a derivative of the DoC, is a great resource for industry analysis and they are arguably the most important branch of the DoC for demographic information ranging from population breakdown, income, education levels, and housing to name just a few which you can find in the Peoples and Households section of their website. The Census Bureau also collects massive amounts of data on economic activity. You may need to search the industry code for the particular type of business you’re in or looking for, by searching its NAICS code. You can break information down from a national level and/or by zip code for information on total number of businesses as well as types and average sales in their business and industry section. They also have information on foreign trade and so much more. The fact of the matter is that there is so much data that the U.S. Census Bureau has accumulated it may seem daunting. It is in fact a huge database with so many useful links that I have to write three paragraphs about all the different links worth noting. You should spend some time navigating around, taking notes, and leaving yourself a trail of breadcrumbs one way or another so that you can remember just how you got from place to place.

The U.S. Census Bureau’s website is vast, as I previously stated, and there are a number of portals you should know a little about and even bookmark. Censtats is a database that includes county and zip business pattern information, international trade data, demographic and economic data for states and counties, Census Tract Street Locator, and some other databases on top of those. American FactFinder has information regarding demographic information about people that can be broken down in many ways to suit your needs. QuickFacts provides information on people, business, and geography which can be targeted on a national, state, and/or county level. If you need information on industry and manufacturing you can skim through the Current Industrial Report section. There contains vast amounts of information which may satisfy your needs for market analysis, forecasting, and decision-making.

The next noteworthy online resource at your disposal is the SBA or Small Business Administration. If you need information on federal and/or state legal and regulatory information the SBA has important and detailed information on these two important issues. The SBA also funds and supports business’s and you can find and apply for government grants, contracts, as well as sign up to receive training and counseling from SCORE. Score are a group of retired executives that volunteer their time to help business owners and aspiring entrepreneurs with development of their business plans and give advice to current businesses management dilemmas and questions and other assistance. If you have never spoken with a SCORE representative you should. They have a plethora of experience and expertise on a variety of subjects and industries. The SBA’s website also offers you a place to register your business, find business licenses, and permits. Ultimately the SBA is another great government resource that is a must-add to your toolbox.

If you’re interested or need to get your hands on international data and statistics our government provides information through U.S. Census Bureau, The State Department, and Export.gov. The Census Bureau’s contains an international database (IDB) that provides rankings by population size as well as global trends and demographic data. The State Department’s website has background information that includes information on each country’s economy and a great deal more all in alphabetical order by country. You can find out information on that country’s history, people, government, relations, travel, and more. Export.gov’s slogan is helping U.S. companies succeed globally by combining and providing the resources from across the U.S. government to assist American businesses in planning their international sale’s strategy. They have in-depth data about markets and industries on a global scale.

If you need information on corporations The U.S. Securities and Exchange Commission’s Edgar Database provides information regarding corporation’s financial information as well as their operations. There is a lot more to the Edgar Database. They also have a user guide that will provide you a more detailed analysis of who they are and what all they can do for you.

The last government resource that is worth mentioning is Fedstats. FedStats is a government sponsored website that has vast quantities of data collected by over 100 different agencies. You can search by topic compiled in a nice, user-friendly A-Z format or you can search the agencies in which they receive their data from, also in an alphabetical format. If you’re interested in state-by-state statistical data you might try clicking through FedStat’s MapStats section which profiles states, counties, cities, congressional districts, and even federal judicial districts. Besides the particular places I have pointed out there is also information on international comparisons, statistics from the individual agencies, press releases, and more.

I have written a similar article on my blog that has the full list of links to many of the areas that I have spoken of in this article if you would like to check it out. I hope that I have provided you valuable resources that will aid you in your pursuit to complete your business plan. Good luck and best wishes for your success!