More and more Baby Boomers are being forced out of the work force due to companies having to cut back. They are let go so that the company does not have to eventually pay them retirement. In their place, a younger generation is hired at a much cheaper salary. These Baby Boomers are left high and dry usually having to fend for themselves unless they have properly prepared for their retirement.If you are a Baby Boomer and this has happened to you, you may be asking; “Can a Baby Boomer Become Successful in a Home Based Business”? My answer to you is; absolutely! This is a period of time that the world is turning away from a “brick and mortar” business to a “click and Order” business. The old adage of having to have a local mom and pop storefront is a thing of the past. With over 80% of the world connected by the internet, now is the prime time to have a home based business.Most Baby Boomers have a stronger desire and work ethic than the younger generation. Their life trials have taught them that having a strong work ethic is an important character. By being older, their time to make the necessary income in order to sustain them for their retirement years is much shorter. Baby Boomers are more likely to “show up” for their home based business. Let’s face it; there is more at stake for them. Their desire and work ethic is what will make the Baby Boomer successful.The selection of the home based business opportunity is vital. One must be selected that offers the necessary training and support. Along with this training and support, the front and back end products should be something that they will feel comfortable with and believe in selling. The product can be something that they have personally used or heard of before. The product brand is an important link to the successfulness of the business. By marketing a product or service that is well known and established increases the chances of success.Baby Boomers need to realize that there is a drastic learning curve of owning a home based business. Unless they were active in the marketing or public relations department of their previous company, most will have no clue. The internet is a wonderful invention, but without the proper understanding and training about how it really works, can prove to be dangerous. Understanding how to use the power of the internet to promote their home based business is crucial.When selecting your business, do your research. Does the company offer training calls and webinars? Is there a support system in place? Does the support system have actual trained professionals answering questions? Are there archived training webinars and lessons on marketing? All these questions are important and there will more than likely be more.Baby Boomers can be successful in home based businesses. Most companies have to insure your success which further benefits them. With the right frame of mind and attitude, you can be successful.
Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up
One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.
However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.
Your product creation system should do this for you if only to help you to understand the overall task.
But why?
In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!
So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)
The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.
Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.
Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.
By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.
You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.
Should You Choose a Home Based Business on the Internet Or eBay?
Most people today are aware of home based businesses and eBay. Many who are new to the Internet and want to start a home business have no idea of how or where to start. This will be a beginning.Let’s start with a home based business on the Internet; what is it and what do you need to start?You need a computer, basic Internet and computer skills, self-discipline, self-motivation and a willingness to be in a constant state of learning. Technical skills are needed, but if you are lacking in that area, you must prepare to learn and keep pace with changes and advancements in Internet and information technology. The best part is you will work from the comfort of your home.On the other hand, with an eBay business you don’t need technical skills. You will need only products to sell or auction. You can also work from home.There are pros and cons with both an eBay business and a regular home business. The question is which one is a better fit for you. It all depends on you, your skill set, your personality, your motivation and ultimately what you want to accomplish with your business.Here are some tips to help you decide if you’re better suited for a regular home based business or an eBay seller:You should choose an eBay business if you:o Have absolutely no computer skills. In other words, with eBay, you don’t have to know anything about web site design, HTML, search engine optimization or any other technical skill to get started. eBay provides all the easy to use tools you need to list your items for sale and start immediatelyo Realize that with eBay, you can skip a lot of the set-up process associated with a regular home business and get started almost overnight. You only need to spend a few hours a day of work on a weekly basis and you don’t have to spend much start up moneyo Want to start generating income almost immediatelyLet’s compare it to the alternative. You should consider starting with a regular home based business if you are:o Comfortable with and know your way around a computer. Keep in mind, you don’t have to possess any computer skills but it sure helps. It will shorten the amount of time you need to spend learning how to set up and market your business. If you don’t already have a working knowledge of the computer and the Internet, you will have to put in the time to learn.o Prepared to spend a lot of time with your business in the beginning stages, unless you have a strong working knowledge of computers and the Internet.o Self-disciplined, self-motivated, and willing to work harder than you did with your former traditional job.o Prepared to live without generating income from your business for at least 2 to 3 years.Now, armed with information on both a home based business and eBay, you can make an informed decision. However, dig deeper and get as much detailed information as you can about both businesses. Then decide which one is the better fit for you, based on your research.