SETTING-UP YOUR EBAY BUSINESS TO SUCCEED.

Many people do make good money with their eBay businesses. You can be one of those people if you take the right steps at the beginning to set up your business. You should approach an eBay business like any other. Do the necessary research first. Don't rush into it with dreams of making a quick fortune.

Take your time and familiarize yourself with the eBay website. Take notes of the type of products you are thinking of selling - check out the competition, pricing and most of all take particular note of actual selling prices and whether the bidding was slow or fast and furious.

There are literally millions (somewhere in the region of 100 million) of eBay members, but this does not mean you are going to reach anywhere near that number. They won't even know you exist unless you prepare your strategy first.

You'll find that a large number of successful eBay sellers have started off as buyers. This is a good idea as you can get a feel for how the whole system works, plus you will know what buyers are looking for and what problems you are likely to encounter. Being a buyer will certainly help you become a proficient seller as you will understand the system from both sides of the fence.

A few things to take note of while you are learning from the buyer's point of view:



* the customer service you received



* the accuracy of the description of the selling item



* the ease and speed of finalizing the transaction



* whether communication was good or not



* was the sales page well set out



* were delivery costs fair and reasonable

If you approach an eBay business like any other online business you will have a much better chance of making a good income. The following points should give you an idea of what you should be thinking about.

1. Decide whether you will set up an eBay Store

When checking out the eBay website, you would have noticed a number of sellers have their own eBay Store. The advantages of this are many and you would be wise to check out the details of setting up your own eBay Store. Information is readily available on the eBay site.

2. Setting up your own Website

For many reasons, it is advisable to have your own independent website. Look at it as your "Head Office" with your eBay store as a subsidiary. If at some time in the future you decide to discontinue your eBay store, you will still have your business website.

Another good reason for setting up a website is that it gives you the ability to diversify your business. This can mean the difference between success and failure. It will also give you the ability to build a subscriber list that will be beneficial for both your eBay business and your own website business.

3. What Products are in high demand?

Take particular note of products that sell well and what the competition is. Also check the availability of the products as well as the cost. Armed with this information you can determine whether or not a product is a viable proposition.

4. eBay Learning Center and University

Before you think of buying tutorials on eBay trading, check out the resources provided by eBay.

The Learning Center will provide you with tutorials and guides relative to the different areas of eBay. In addition, you will find many free resources on the internet in the form of reports, tutorials and e-books. So have a good look around before paying for this type of information. Of course if you do purchase training products they will more than likely be a taxable deduction.

The eBay University runs offline and online courses covering every aspect of an eBay business. This is where you can learn tried and true methods from the experts.

Running your own eBay business can be a rewarding experience. To ensure you succeed, research your market and your product before undertaking your first Auction.

Remember you will receive queries from prospective bidders, so you must be extremely knowledgeable about your product.

8 EASY STEPS TO ORGAIiZING AND MANAGE YOUR TIME EFFECTIVELY.

Who among us doesn’t wish they had MORE TIME to do the things they enjoy? Yet every day there seems to be a mountain of things to do. Whether it’s a tower of bills to pay or a closet bulging with clothes, here are 8 easy ways to create more space and free up more free time!

1. Buying a file box and a pack of multicolored folders is a great start to setting up a regular organized schedule. Create folders for monthly bills, bank statements, medical bills, miscellaneous items and so forth.

2. If you don’t have time to file something at a particular moment, create a “To Be Filed” folder and place it in the front of your file box. Then, when you have a spare moment (even just 15 minutes a day, or while talking on the phone!) sort through the front folder and put each document in the folder where it belongs.

3. For items that you may need again, such as warranties or instruction manuals, consider purchasing a three-ring binder with a set of clear plastic covers. These covers let you easily slide papers down into them, and you can quickly flip through the binder to find the one you need when you need it!

4. If you have children, setting up a weekly “Chore Chart” system can be an easy way to keep them organized and help them learn the value of hard-earned money (or good behavior) at the same time. Divide up the chores, color coding different areas for different chores and assigning the value to them (such as $X for mowing the lawn). This method helps keep kids on track and teaches them responsibility at the same time. Plus, if an allowance or reward is involved, they can see exactly how much work is necessary to reach that goal. Great for building motivation!

5. If you always find yourself running behind when paying bills, assign yourself a certain day of the week to take care of them. On the outside of the envelope, write a date at least a week before the bill’s actually due date to remind you to send it in on time (and you’ll actually be ahead of schedule this way!)

6. For seasonal clothes, holiday items or sports gear, see-through plastic crates can be a godsend. They’re easy to stow in an inconspicuous place (under the bed or in the top of your closet) and are easy to get to when the time comes. Printing out a sheet of paper with the name of each boxes contents makes finding them even easier!

7. Purchase a couple of dry erase boards and markers. Keep one on one side of your refrigerator as a grocery list (since 9 times out of 10, you’ll be in the kitchen anyway when you realize you’re out of something), place the other dry erase board on the other side of the refrigerator for important announcements. Even better if you can purchase one that serves as a tack board on one side. This makes it easy to pin up important notes and keep track of appointments.

8. If you’re just wondering where all the time goes, or how to schedule your time more effectively, buy (and USE) an appointment book with hour-long or half-hour long slots for each day of the week. Schedule “to-do’s” within these time periods and stick to them. Don’t fill up the whole day, though. As much as you might think that this would make you more productive, it will actually tire you out quicker, and, if something comes up, leave you feeling like you have unfinished business to take care of!

And what do you do with all the time you’ve saved? How about taking a break and doing something you enjoy? Yes, you really can schedule “nothing” on your calendar. If you’ve followed these organizational tips, chances are, you’ve earned it.

7 TIPS FOR SUCCESS WITH AN ONLINE HOME BUSINESS.

To be successful with any home business there are certain traits that you must possess or acquire. Despite what many people will tell you, running a business from home is not necessarily easy, especially if you have other commitments such as family or another job.

There will be some sacrifices to be made and you may also find that other people tend to consider that because you are working at home it isn't a 'proper' job and expect that you will drop work on your home business to suit their plans. So be prepared to take a stand; if you treat your home business seriously, others will be forced to do the same.

So what are the 7 tips?

1. A burning desire - you need to have a clear picture in your mind of what you want to achieve, why you want to achieve it and in what time-frame. Your desire might be for yourself or your children, but it must be so strong that you are willing to get our of your comfort zone and make sacrifices to achieve it. If you keep doing what you are currently doing, then don't expect any great change to occur. Visualize what your life would be like when you have achieved your goals, know that you have the ability to get there and don't doubt.

2. Goals and plans - Once you know what you want to achieve, set goals to help you get there. A good guide for goal setting is to use SMART goals, meaning that they should be Specific, Measurable, Achievable, Realistic and Timely.

A SMART goal has a much better chance of being achieved than a vague one, so instead of saying you want to earn more money, you might say you want to earn an extra $50 per week by the end of six months. This is specific, measurable, achievable, realistic and timely (if it isn't for you, then you would change the time, amount etc to something that was).

3. Self-discipline and routine - working at home means that you don't have tasks allocated to you or a boss to check on your progress. You are now the boss and it is up to you to keep up with the schedule you have set. Make lists of what you want to achieve each week and each day. If it suits your situation, schedule certain tasks for certain times every day. This is the best way as it establishes a habit of doing these things at certain times; human nature being what it is, it is easier to attend to habitual tasks that it is new ones. As much as you possibly can, don't let home life intrude on your work time.

4. Knowledge and time - you need to know some business tips like registering a business, record keeping, any tax requirements and you need to understand how the Internet works, the different kind of Internet business you can have, how to register your domain name, how to get your work onto your web page, how to automate responses etc. If you don't know all these things already, it will take you time to learn. If you can afford coaching or mentoring you can speed the learning process up.

5. Persistence - don't give up! Most people fail with creating a home business because they don't persevere when the going gets tough or when they meet opposition. You might get a lot of support from your family initially but when you are no longer available to them as you may have been before, they may complain and try to get your attention or time back. Keep the dream alive for all of you, remind them of the benefits down the track and ask for their assistance and patience until that time comes. If you can involve them is some way so they feel part of the venture, it can be rewarding to do so.

6. Enthusiasm - choosing to base your business about something you are passionate about will help you when the going gets tough; it is always easier to work on something you like. As you will probably already know, when you are enthusiastic about something, your enthusiasm shines through, whether you are speaking or writing and people are more responsive and this will help you have more success with your business. That said, you still need to make sure that your business will meet a genuine need in the marketplace or solve some problem that people have because there must be demand for your business product or service if you are to succeed.

7. Treat your home business with respect. Try to have set work hours as much as possible and make yourself unavailable to others during that time, just as you would if you were working for a boss. It often helps to dress in business clothes, especially when you go out in your home business "work" time. Learn to say "no" to outside demands on your set work time.

If you can follow all of these 7 tips in setting up your online home business, you will give yourself a very good chance of being one of the successes.

HAVE YOU EVER CONSIDERED WORM FARMING?

Worm farming is not a particularly new business idea - it's been around for years  but it certainly seems to be gaining in popularity as a home business all the time.

You might have come across it without really knowing what you would do with any worms you managed to farm. So to what purpose are farmed worms put?
Well, that depends on the breed of the worms. Bet you hadn't thought too much about the different breeds of worms and the specialist purposes that those different breeds can be put to had you?

Typically, someone who breeds worms commercially will probably specialize in a specific breed, or at least keep individual breeds in their own separate containers.
Worms bred for profit are largely sold for composting. Some large scale worm farmers sell their worms to landfill sites to provide an environmentally-friendly way of breaking down waste.

Soil fertilization is another use for commercially-bred worms. This is an excellent way of rejuvenating soil that has been over-farmed allowing it to produce better growing, healthier crops.
The farming of worms is, in itself, a pretty environmentally-friendly activity. Why? Because, typically, farmed worms are fed on household waste such as leftover fruit and vegetables, eggshells etc.
Fishing tackle shops also provide a market for worm farmers because worms are a popular bait with fishermen.

If you want to be a worm farmer you first have to decide what specific market or markets you're going to breed your worms for. This is because different breeds of worm serve different purposes. Or, to put it another way, not every individual worm breed is suitable for every purpose to which worms can be put.

Red worms are a breed that is very suitable for use in composting. Belgian worms can also be used for composting and also make very good fishing bait.

Very good worms for use as soil rejuvenators are Night Crawlers and Wigglers.

Worms can be farmed on just about any scale you like. You can even get small bins that are suitable for breeding worms indoors. So, even if you live in an apartment you could still farm worms on a small scale.

Farming of worms is certainly not a get-rich-quick scheme. After taking into account the initial investment and ongoing costs, it will usually take from three to five years to break even from your venture.

If you're environmentally conscious and want a business that is in line with your beliefs, worm farming is certainly an activity worth considering.

HAVE YOU EVER CONSIDERED WORM FARMING?

Worm farming is not a particularly new business idea - it's been around for years but it certainly seems to be gaining in popularity as a home business all the time.


You might have come across it without really knowing what you would do with any worms you managed to farm. So to what purpose are farmed worms put?

Well, that depends on the breed of the worms. Bet you hadn't thought too much about the different breeds of worms and the specialist purposes that those different breeds can be put to had you?

Typically, someone who breeds worms commercially will probably specialize in a specific breed, or at least keep individual breeds in their own separate containers.

 Worms bred for profit are largely sold for composting. Some large scale worm farmers sell their worms to landfill sites to provide an environmentally-friendly way of breaking down waste.

Soil fertilization is another use for commercially-bred worms. This is an excellent way of rejuvenating soil that has been over-farmed allowing it to produce better growing, healthier crops.

The farming of worms is, in itself, a pretty environmentally-friendly activity. Why? Because, typically, farmed worms are fed on household waste such as leftover fruit and vegetables, eggshells etc.

Fishing tackle shops also provide a market for worm farmers because worms are a popular bait with fishermen.

If you want to be a worm farmer you first have to decide what specific market or markets you're going to breed your worms for. This is because different breeds of worm serve different purposes. Or, to put it another way, not every individual worm breed is suitable for every purpose to which worms can be put.



Red worms are a breed that is very suitable for use in composting. Belgian worms can also be used for composting and also make very good fishing bait.

Very good worms for use as soil rejuvenators are Night Crawlers and Wigglers.

Worms can be farmed on just about any scale you like. You can even get small bins that are suitable for breeding worms indoors. So, even if you live in an apartment you could still farm worms on a small scale.

Farming of worms is certainly not a get-rich-quick scheme. After taking into account the initial investment and ongoing costs, it will usually take from three to five years to break even from your venture.

If you're environmentally conscious and want a business that is in line with your beliefs, worm farming is certainly an activity worth considering.

Flpping Domain Names Can Be A Rewarding But Tricky Business.

Flipping domain names or websites has become one of the "urban legend" centers among the many methods of making money online. Nearly everyone involved in Internet Marketing has been told at least one story about businesses or political campaigns paying $100,000 for a brandable domain to "keep it off the market" or to use it themselves. The truth is that there is a nice and in some cases, lucrative revenue stream in the various methods of buy and selling domain names or a Website.


Probably the purest form of flipping domain names, is the purchase of a specific domain name as an investment. This is referred to as "Domaining" and it involves buying and holding a domain name because of a perception about future value. This often involves a short, targeted domain in the .com category. Who hasn't wished that they had been the first to see the value of a domain like hotels.com or flowers.com?

The reported sale of Chinese.com in 2007 for more than $1 million, is no urban legend. It is one of the successes at the heart of the GeoDomaining niche where domains specific to an identifiable geographic location, nation or culture, are bought and sold.

Domaining is a very tricky business. It is important to keep in mind that in domaining, the value rests solely on the domain name itself. The investor has no intent to develop the domain name so there are no statistics about rank, traffic or revenue, as there may be when flipping a Website. At the heart of the investment strategy is how the domain name is monetized or has a value assigned to it.

As a result of this need to determine the value of the domain names that a "domainer" has pulled into their "portfolio," an entire business niche for "domain appraisal" has sprung up. Put this term into a search engine, with the quotes, and the search will provide pages and pages of search results. Some of the sites will provide a few free appraisals before a fee is required but, depending on the domain, appraisal fees can range from around $15 to as much as $100 or more.

It should also be noted, for those interested in getting a domain appraised, that the service may need to be viewed as more of an art than a science. Think about home appraisals which are based on the home being compared to homes which recently sold in the area around the home. Domain appraisal is an attempt to compare the domain to ones that have sold within the business, niche, or category that might cover the domain.

An article at sitepoint.com reports that a researcher submitted the same domain to a number of domain appraisal services. The domain name was associated with a term used in the business of stock market trading. When completed, the several appraisals provided a range of values that ran from $200 to $160,000! This example serves to illustrate the speculative nature of flipping domain names and why it can be so very tricky to determine the value of your portfolio.

So why leave anything else to chance check out right now



 Fliipping Domain Names For Fun And Profit.