Frank Kilgore: Ideas for Business Income

I met with Don Seibert yesterday, Friday-Jan 18 and discussed his website, “Retire To Easy Street“, and how he got into internet marketing among other things. To make a long story short, Don put together the website for personal fun and entertainment and with the intent of helping others in the process. He had retired for the 2nd time and decided that what he had learned over his vast service and professional business careers could be beneficial to others. As a result, he put together his website as fun for himself and as a vehicle that would be beneficial to you in securing a supplemental income.

Please know that Don enjoys life to the fullest by being helpful and by just being with others and sharing ideas and life stories. He, like many, enjoy learning new things. With that mindset, Don envisioned that many other retirees were in the “same boat” as he. He could not see being completely out to pasture in retirement. He had to be doing something more with his free time… other than playing golf, cooking outstanding ribs, boating, and enjoying and being with his wonderful family. He wanted a separate personal fulfillment, something he had really not ever done before, something entrepreneurial, something with a challenge.

Eureka! The idea of sharing his experiences and helping other retirees do the same on the internet was the spark for his new “online internet business”. He envisioned that while he was having fun that he could be helpful to many retirees. He knew that many retirees wanted and certainly could benefit from having a supplemental retirement income source that they could control …and one that would provide personal activity and satisfaction.

As a result, Don created,”Retire To Easy Street” which shows how most any retiree can create a supplemental retirement income source by developing and putting together an online internet presence. One that becomes the vehicle to share their experiences, skills, and hobbies with others.

It is my belief that anyone (whether you are a retiree, a pre-retiree, a baby-boomer, or anyone really) with ideas and a desire to supplement their income can benefit as a result of Don’s work where he has created a way for you to have fun while providing an additional income stream into your household.

Please know that I have every belief that Don would welcome you copying his work as long as you take action. Retiring To Easy Street may just be the ticket you need to start your supplemental income dreams.

Do You Know How To Turn Your Ideas and Dreams Into An On-going Supplemental Income Stream?

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You will find someone launching a new program to help you about everyday it seems.

There are so many internet marketing gurus trying to help you get a business started with their help, it is overwhelming. For most of us it is extremely confusing just trying to decide which one to use.

Do you use?…

1. Nitro Marketing’s “Nitro Blueprint” system, or

2. Armand Morin’s “Internet Marketing Explained” system, or

3. Russell Brunson’s “DotCom Secrets” system, or

4. Tellman Knudson’s “List Building Club“, or

5. Other Internet Marketing Gurus’ systems from
(i.e. Shawn Casey, Joshua Shafran, Marlon Sanders, Mark Joyner, and more)

or maybe some of the newer up-and-coming, but lesser known super stars…
for example:

6. Bob Jenkin’s “Success Workshop“, or

7. Sterling Valentine’s “‘PowerMonth‘ and more”,

8. or ???

The decision is tough because each of these (and many others that I have not mentioned) are first rate. To succeed, all that is required is to follow their guidance and do what they instruct you to do.

FOLLOW and DO = SUCCESS!

OK, I know you want to ask what I would do; right?
If I were asked to make a suggestion based on my personal experience about starting an online business, I would suggest combining one of the programs from the first group (1-5) and include one of the highly interactive programs from the later group (6-7).
This combination would save you time and money to begin with and…the combination would allow you to learn the necessary components of an online business while having a sounding board and peer group to answer questions you have while keeping you motivated and focused.

Which of the above systems/programs, or other, would you suggest to help someone start an online business?

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Others are saying what I have been saying. Create a supplemental income stream.

This morning I read the Sunday newspaper, “The Birmingham News”, and in its Money section under MONEY TIPS an article appeared titled: “Take Steps to Avert Dangers of Recession” by Teresa Dixon Murray, Newhouse News Service. The article discussed several key points regarding how you can hedge against a possible recession to maintain your financial stability.

Ms. Murray suggested a number of ways to protect against a recession; some of these include:

-Consider getting a home equity loan while you have a job and can currently qualify for one.
-Consider investing in secure large-cap investments
-Get your finances organized
-Develop a budget
-Identify all your assets
-Pay down debt
-Increase your rainy day fund
-Delay any major discretionary spending
and
-Look for new sources of income

This last item truly caught my attention as she stated that if you’re the only one employed in your household, then you should look at turning a hobby into a side business or try to develop a new skill with a part-time job. The point she made was that if you lost your regular income source (a job), then you at least would have something to fall back on.

I agree with Ms. Murray; however, I would take the concept a step further and say… Develop and have a supplemental income stream, a side business, at all times, regardless of whether you are the only person employed in your household.

I believe that everyone should have an income producing side business of some sort as long as it is productive and does not require any substantial time. In today’s time with the internet, an online business about your hobby, your skill, your life’s experiences is certainly a viable option for a realistic supplemental income source, recession or not.

How do you protect yourself against recession?

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Are The Initial Keys To Business Marketing And Winning

In today’s fast-paced, get-it-now and can’t wait society, we must be ahead and stay ahead of our competition to have a reasonable chance to market our goods and services. It’s analogous to the old saying, “The Early Bird Gets The Worm”.

No matter how good your product or service might be, if you don’t promote your product and let people know about it ….well, the only thing you have is a great product or service doing nothing for no one. And of course you know who the real loser is in a scenario like this.

So, if you know who your market is and where it is located you must let your market know “who you are”, “what you provide”, and “what you can do for them”. Your business, or any business, the number one function of your business is marketing, marketing, and marketing.

If marketing has to be the number one function of your business, then…

How do you get out in the middle of your crowd so that they run all over you?

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Have You Taken Time To Set Your Goals And Plans for the New Year?

I would hope that you have, but if you haven’t, this first week is a good time to take care of that important need.

First thing- Get Rid Of Clutter! (Anything piled up or just sitting around that is in your line of sight is one of the most distracting energy drains you can have). Get rid of the crap now! …as if your life depended on it.

With your work area and living area and more importantly “your mind cleared” of clutter you can now proceed to your second critical need…

Second thing- Set Your Goals!

One good way to do this is to reflect back on 2007 and list out the goods, and the not so goods for the year. From that, based on whatever your lifelong goal happens to be, (you do have a lifelong goal don’t you?) write out a listing of your 2008 goals. Ensure that they are realistic (can be accomplished in 12 months), but challenging.

Now, that you have your list of realistic, but challenging goals, prioritize them from highest to those of lesser importance (you know, the ones you would like to accomplish, but are not critical to your lifelong goal or vision).

Having prioritized your list, pick your #1 Must Accomplish Goal as related to your lifelong goal or vision. Thats it! Your goal-setting is complete.

Should you have any other goals, add only two (2) additional goals max. (i.e. 3 goals is the absolutely max. for anyone who really expects to succeed.) [If you have issues with 3 max. then delegate those other goals and let someone else accomplish them for you…or just forget about them until and only after you have completed your Must Accomplish Goal(s).]

Third thing- Backward Plan Your Action Steps Into A Workable Plan! In other words, develop your milestones that will allow you to stepwise reach and accomplish your goal. One of the easiest ways to do this is to start with your goal(s) and work backwards. Determine what would be the next to last step you need to accomplish to achieve the next step, and continue to do this again and again until you reach now.

When you have done this…. you have your plan.

Last thing- Take Action On Your Plan!

Do it! and Do it! and continue to Do It! ..until you have done it.

Need a little additional help? Here are some helpful resources.

Simpleology
Jay Abraham
Retire To Easy Street
Think TQ

What is your biggest personal or business goal for 2008?

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