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Showing posts from August, 2018

Setbacks-Bad Decisions, Job Loss, Divorce, and - or Health Problems by Melvin Feller

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Melvin Feller In life, we all experience setbacks-bad decisions, job loss, divorce, health problems. Even countries around the world have experienced an economic setback due to the recession. However, we all experience setbacks, no one desires to take a step back. The good news is that a comeback is possible for anyone. Minor setbacks throw us off for a few hours but others are much more momentous and really throw us in a tailspin. While we will all experience roadblocks, we will vary in how we handle them. Some of us have the resilience to just pick up the pieces and travel on. Others find it challenging to let go. Either way, how do we learn from the tough times? At the outset, we will all undoubtedly experience typical feelings of frustration, sadness, disappointment or anger. How we handle those feelings differentiates us from each other.    In other words, how do we redirect on what happened and gain a greater sense of self-awareness? We need to think about...

Here are Five Reasons for Using an Action Plan by Melvin Feller

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Melvin Feller Every successful entrepreneur knows that going from point A to point B needs a plan or a clear direction.    The path to a profitable business requires planning. You would not drive across this great country from California to New York without a map or GPS.    So, why would anyone attempt to build a business without a plan, or, launch a publicity campaign without a plan, or even produce an event without a plan? We all know the high failure rate of startups. A rare business is still around after five years and even rarer after 10 years. Why is that? Based on our experience of working with many entrepreneurs, small business owners and non-profits over the last 30 years, I believe it is because of lack of planning.  Whether it is a financial plan or marketing plan or action plan, it seems that many entrepreneurs fall short in the planning section. They have great ideas, great passion, and even great follow-through, but may not necessar...

The Best On line Businesses to Start in 2019 by Melvin Feller

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The idea of a “job for life” is now outdated. That is why around 30 million Americans operate a home-based business, many of them pursuing an online business model of one type or another. Wanting to start your own business is a smart move for many reasons. However, the biggest mental hurdle most of you face right now is figuring out what the best online businesses to start are. You have heard about affiliate marketing, but somebody mentioned Shopify during lunch. In addition, you have always wanted to write a book, and you have read stories about indie authors earning millions. So, how can you possibly choose the right online business idea for you? Nevertheless, there is good news! You see, you are alive at the best possible time in human history to start your own business. Never before has the barrier to entry been so low, startup costs so minimal, or the income potential so vast. You have access to resources and tools that did not exist a decade ago, social media being j...

Creative Ways Buyers and Sellers can close a Held up Real Estate Deal by Mevin Feller

Real estate buyers and sellers often come close to making a deal — but something stands in their way. Multiple offers and counters fly back and forth over the course of several weeks. Maybe the buyer and seller are just a few thousand dollars apart on price. There could be one sticking point that neither of them is able to get past. When this happens, it is time to get creative. Here are some ways buyers and sellers can close a stalled real estate deal. The seller offers to pay HOA dues A buyer considering the purchase of a condo or a home where there are monthly assessments (or dues) may have trouble swallowing those costs in addition to the monthly mortgage payment. Nevertheless, when buyer and seller are off by only a few thousand dollars, reducing the home’s price will not do much for the buyer in the end. For example, a $20,000 price reduction amortized over 30 years would end up saving the buyer just a few dollars per month. Instead, a smart agent will suggest th...

Leadership Starts from Within by Melvin Feller

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Melvin Feller Leadership starts from within. It starts with your own leadership mindset. Leadership mindset is seeing opportunities, taking ownership of solutions and inspiring yourself and people around you to take action towards achieving inspirable goals that lead to accomplishing purpose and striving towards vision. Leadership mindset initiates your thinking habits, your beliefs and your ability to take accountability for solutions and actions. You can only motivate, guide, inspire and influence others to accomplish something if you can influence yourself to accomplish what is meaningful for you and people around you. If you can motivate, inspire, and persuade yourself to do something inspirational and meaningful day in, and day out. , then you can do the same for others. To do that, you need a Leadership Mindset, which can be built by: 1. Strong Self-Awareness Awareness of your values, talents, strengths and weaknesses.  Awareness of your passion. ...

Cultivating Ways to Build Your Business by Melvin Feller

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Melvin Feller Whether you are working your way up to corporate ladder or forging connections for your established business, building relationships is crucial to your success. For many entrepreneurs whose businesses are thriving, successful networking is one of the most common threads. According to more than half of the respondents in a survey by The UPS Store, making connections and building relationships are among the most beneficial aspects of networking with other small businesses. Sixty-one percent of small business owners say they want to establish in-person relationships. Attending networking and meetup events is an excellent way for entrepreneurs to form new relationships, share experiences, celebrate their hard work and connect with potential customers. Practice Your Pitch When introducing yourself, be prepared to give a brief explanation of your business, boiled down to a couple of sentences. Be sure to include your business name, the solution you provide and ...