Listen to The Webcast Here. 

The only way to keep up with the latest about pricing the value of your time is to always stay on the lookout for new information. If you read everything you find about pricing the value of your time, it won’t take long for you to become an influential authority.

So, What is  the value of your time? 

Ask any part-time employee and they will tell you: $9.50 an hour, (or whatever their wage is). Hourly workers know the value of their time. Successful salespeople who work on commission know the value of their time as well. And Some salaried workers, particularly the successful ones, also know the value of their time.

But what about you? It’s a different story for the online business owner! You probably work more than eight hours during the day, (or night). And then you most likely think about your business even when you are not sitting at your computer working. And, if it’s a passion of yours, (and many online entrepreneurs turn their hobbies and passions into a business), then you’ve got an even greater challenge in figuring out the value of your time.

Maybe you don’t know the value of your time. Many people don’t, so you are not alone. But it’s a calculation that will help you manage your time, so it’s worth the five minutes that you will spend trying to figure it out.

The best thing to do is just do a basic calculation.This calculation income divided into total hours worked. No, it’s not a perfect calculation because it doesn’t account for the hours that you spend thinking and it doesn’t account for your expenses…but you are also busy enough that a rule-of-thumb idea from a quick calculation is just as effective and takes less time. 

So far, we’ve uncovered some interesting facts about pricing the value of your time. Stay with us, the following information is even more interesting.

It’s probably a good idea to make this calculation for a week’s worth of time or even a month’s worth of time. That way, you will help to smooth out the fluctuations that occur in your schedule and in your customer’s buying patterns. This calculation might require you to actually monitor your time for a week. It’s a good exercise to do anyway, regardless of whether or not you end up trying to discover the value of your time.

For most entrepreneurs who are just starting out, the value of their time is just a few dollars at best. Don’t feel badly if that is the case with you.

Once you have that number, you have a baseline. Now what?

Now you have something to work for. Now you have a goal to shoot for. Currently earning 25 cents an hour? (Don’t laugh. Many entrepreneurs earn that when they just start out. It will get better!) If you are earning that much, make it a goal to earn 50 cents an hour, then a dollar, then five dollars. Keep track of your current “hourly worth” in your business planner and use it to constantly remind yourself to build it up over time. That is the American Dream! And you are living it!

– — –>> Listen To The Webcast

What can you learn about business from a children’s movie? You can learn some great entrepreneurial lessons from the recent film “Charlie and the Chocolate Factory” starring Johnny Depp.

WARNING -Spoiler Alert! If you have not seen the movie, (or the older version) yet, this article may give away a few elements of the story that could reduce your enjoyment of the film. You can always come back and read it after you have seen the picture.

Willy Wonka’s Marketing, one oh one.

“Find 1 of 5 Golden Tickets in a Willy Wonka product and be one of the first people in a long time to visit the magical chocolate factory. Also, one kid will win a special prize that will exceed your wildest imagination.”

This is an excellent promotion. It sparks interest in Willy Wonka products, builds brand awareness, and most importantly; it significantly increases sales. The media picks up on the promotion and generates a tremendous amount of free publicity. Word of mouth referrals help spread the promotion to areas that were untouched by newspapers and television.

Willy Wonka’s Positive Thinking Lesson.

There are many “naysayers” who discourage the main character, Charlie, from getting his hopes up about finding one of the lucky Golden tickets. Negative thinking can be devastating, especially to a child. However, Charlie does not take heed of the negativity. Supported by his Grandmother’s constant reassurance, Charlie keeps a positive outlook and believes that he has as good a chance as any other kid to find one of the five tickets. 

Is everything making sense so far? If not, I’m sure that with just a little more reading, all the facts will fall into place.

Willy Wonka’s Don’t Quit Attitude for success.

Charlie refuses to give up on his dream of finding a ticket. After he doesn’t find one on his first, and probably only, attempt - he doesn’t quit. Charlie believes that he will get one of those tickets. Providence provides two more opportunities and amazingly, Charlie finds the last ticket! This is especially significant because it had been falsely reported that all of the tickets had been found.

Willy Wonka’s Intro to having A Good Support Network.

Charlie has an excellent support network. Although very poor in financial terms, Charlie is very rich in family. He lives in a loving environment and appreciates every member of his household. He selflessly offers to sell his ticket to provide some much needed cash for his family, instead of taking the special chocolate factory tour. His family will have nothing of it and encourages him to pursue this once in a lifetime opportunity.

When Willy Wonka offers to make Charlie his heir, Charlie refuses because accepting the offer would mean that he probably would never see his family again. Willy Wonka later makes the offer again, but allows Charlie to bring his family this time. Charlie’s family then extends its hospitality to Mr. Wonka and he ends up gaining the positive and supporting network that he had needed as well.

Willy Wonka’s Four Good Lessons Revisited.

If you are an entrepreneur or are thinking about becoming an entrepreneur, remember these lessons from “Charlie and the Chocolate Factory”. It takes good marketing, positive thinking, and a good support network to get started. Most importantly, don’t quit - your success may be only one candy bar away. 

We hope you enjoyed today’s, light-hearted webcast.

This webcast’s coverage of the information is as complete as it can be today. But you should always leave open the possibility that future research could uncover new facts.

– — –>> Listen To The Webcast

What can you learn about business from a children’s movie? You can learn some great entrepreneurial lessons from the recent film “Charlie and the Chocolate Factory” starring Johnny Depp.

WARNING -Spoiler Alert! If you have not seen the movie, (or the older version) yet, this article may give away a few elements of the story that could reduce your enjoyment of the film. You can always come back and read it after you have seen the picture.

Willy Wonka’s Marketing, one oh one.

“Find 1 of 5 Golden Tickets in a Willy Wonka product and be one of the first people in a long time to visit the magical chocolate factory. Also, one kid will win a special prize that will exceed your wildest imagination.”

This is an excellent promotion. It sparks interest in Willy Wonka products, builds brand awareness, and most importantly; it significantly increases sales. The media picks up on the promotion and generates a tremendous amount of free publicity. Word of mouth referrals help spread the promotion to areas that were untouched by newspapers and television.

Willy Wonka’s Positive Thinking Lesson.

There are many “naysayers” who discourage the main character, Charlie, from getting his hopes up about finding one of the lucky Golden tickets. Negative thinking can be devastating, especially to a child. However, Charlie does not take heed of the negativity. Supported by his Grandmother’s constant reassurance, Charlie keeps a positive outlook and believes that he has as good a chance as any other kid to find one of the five tickets. 

Is everything making sense so far? If not, I’m sure that with just a little more reading, all the facts will fall into place.

Willy Wonka’s Don’t Quit Attitude for success.

Charlie refuses to give up on his dream of finding a ticket. After he doesn’t find one on his first, and probably only, attempt - he doesn’t quit. Charlie believes that he will get one of those tickets. Providence provides two more opportunities and amazingly, Charlie finds the last ticket! This is especially significant because it had been falsely reported that all of the tickets had been found.

Willy Wonka’s Intro to having A Good Support Network.

Charlie has an excellent support network. Although very poor in financial terms, Charlie is very rich in family. He lives in a loving environment and appreciates every member of his household. He selflessly offers to sell his ticket to provide some much needed cash for his family, instead of taking the special chocolate factory tour. His family will have nothing of it and encourages him to pursue this once in a lifetime opportunity.

When Willy Wonka offers to make Charlie his heir, Charlie refuses because accepting the offer would mean that he probably would never see his family again. Willy Wonka later makes the offer again, but allows Charlie to bring his family this time. Charlie’s family then extends its hospitality to Mr. Wonka and he ends up gaining the positive and supporting network that he had needed as well.

Willy Wonka’s Four Good Lessons Revisited.

If you are an entrepreneur or are thinking about becoming an entrepreneur, remember these lessons from “Charlie and the Chocolate Factory”. It takes good marketing, positive thinking, and a good support network to get started. Most importantly, don’t quit - your success may be only one candy bar away. 

We hope you enjoyed today’s, light-hearted webcast.

This webcast’s coverage of the information is as complete as it can be today. But you should always leave open the possibility that future research could uncover new facts.

 Listen to the Audio Article “Earn Faster Profits With Your Home Business“

 Earn Faster Profits With your Home Business

Way too many people believe the Internet is a place to get rich quick with no effort or sweat needed. You just publish a web site and whamo, you have a home business. Please, do not hold your breath waiting on results from an Internet business started with that thought process. It’s a recipe for failure.

The good news is starting an online home business is worth every second it takes to do it right. Imagine being your own boss for incentive, then use your brain and motivation to make it work. The lack of time will always be a factor in creating your business, given the fact we all have jobs, kids, family or some other distraction. To add more time to your business day use the proven techniques and strategies not shortcuts!

Imagine being able to sit down at your computer and find your home business already built in a box just waiting for you. By using content sites and article sites, you can easily find ready to go eeebooks, software, products and even complete web sites, ready to build a business with. They just do not include the marketing any business requires.

Take a tour of sites like, http://www.createprofitableebooks.com, http://www.sixfigureincomeebook.com and http://www.affiliateprofitpack.com. You will find ideas and solutions for any home business. None will be successful overnight. Success takes considerable effort and motivation and it all starts with you and a great idea.

And do not overlook your greatest asset which is the skill and knowledge you already have. Business online takes passion and chances are passion on the job got you many years of experience that you can easily share for profit. Follow the simple steps outlined in the popular book, Web Blog Profits, Building A Blog Empire For Profit, read it, apply the methods outlined, and people will come from all corners of the world to read the knowledge and opinions you have to share! Get a copy of it and see just how much money your knowledge can make. You can find a copy by visiting www.weblogprofits.com.

Many topics and themes great for home business and affiliate sales have already been built. Take advantage of that by joining sites that sell content and ideas you can modify to suit your specific purpose. These days you can start a home based business in just minutes to hours, but above all things, have a marketing plan before you start. Then use content sites, article sites, and proven marketing tactics to get the job done.

In all cases however, the lack of an action plan is the fastest way to a home business failure. “Look before you leap” ,is a well known phrase and the answer for faster home business profits.

WebBizStartup Podcast is being listed in Odeo!

My Odeo Channel (odeo/6507f3f94e27a28e)

Also, we wanted to take this moment to thank all of you for listening.  WebBizStartup Podcast officially launched on Feb 2nd, and already we are amazed at the response and praise we are recieving. 

Internet business entrepreneurs - we have alot of great episodes planned with some excellent information for all of you.  Soon, we will be featuring interviews and we have a few other exciting specials in development. 

 Thank You for your support & stay tuned!

Listen to the AUDIO ARTICLE Here 

 Listen to The Audio of This Article

If you are looking to earn money working from home, Mini Web Sites are a great way to run your own business. Usually these are simple one or two page sites that are designed for selling a single product.

A mini site is basically a sales letter that is designed to convert viewers into buyers, it is not there to provide detailed information about the product. This type of site can attract more viewers, which means more sales and more money for you.

The steps for creating a mini web site are:

- Find a profitable niche.
- Determine the best product to sell for that niche.
- Write a well crafted ad.
- Design a landing page.

Make sure you do not include banners or other advertising, these might distract the attention of your visitors, your only focus should be on selling your product.

Design a Mini Web Site

Each site should sell only one product and be optimized for just that product. Select keywords based on your product, that are popular enough to attract the amount of traffic you will need to make your site profitable, and always use your keywords in the title, heading tags, and graphic alt tags. Create an easy to order form, one that is fast to fill out, you do not want to lose customers because it takes too much time or is too much trouble to purchase your product.

Whatever you sell, start by quickly describing that particular product and keep your focus tight on that product. Try to pre sell your product by including several endorsements from people who are happy about using your product. After the endorsements, include several free bonuses to get your visitors even more excited about buying. To host your site look for a reliable hosting service, one that has a good track record for minimal down time. Select a domain name that includes your keywords this will also help your search engine rankings and get you more traffic.

Some benefits of Mini Sites are:

- Easier to optimize for search engine rankings.
- Inbound links to your sites will lead to a higher Google Page Rank.
- You can be an expert at whatever you sell or whatever service you offer.
- Higher traffic generated than regular web sites.

Mini sites are the easiest way to make some quick money because they do not require a large setup cost, and they are easy to design. All you need is a great idea and you are ready to make some money.

Listen To Podcast Of this Article Here

What does niche marketing mean? Niche marketing is about finding small opportunities on the web, small areas in which people might be interested and for which they might be searching.

Big companies and experienced webmasters are not interested in these areas because they are not important enough. But a small business could be something in which you might be interested.

Perhaps a small mini website will not generate thousands of dollars every month; it might generate 100 bucks, for example. That is ok, if the effort involved in terms of creating this mini website is not too high; in this way, you could repeat the same business model again and again.

Taking into consideration that every small business could generate around $100 every month, with ten niches, you could earn $1.000 monthly. Does this sound better? And what if you could create 50 websites?

The first step in this kind of business is always keyword research. You need to find small markets which do not have competition. Wordtrack is a very good tool to use for finding niche opportunities.

For every keyword, it tells you the number of searches and how many results are found on each search engine. You need to pay special attention to the KEI column. KEI is the index that balances the number of searches and the number of competitors.

The more searches and the fewer the competitors, the better for you. A KEI higher than 10 is good, but you should, ideally, look at keywords with a KEI over 100. More than 400 is a gift.

Once you have identified your niche, you need to find content for it. Don`t worry about which product you are going to sell; this will come later. The “fuel” of any Internet business is content. So where can you find content?

Well, if you are an expert in an area, you could write your own articles, but if you are not, you have to look for content somewhere else.

There are many article directories that offer a lot of content that you can use. You can also find much content just by searching the web. Use search engines, find blogs, forums, websites, etc. Last, but not least, you can always find information as in “the old times,” go to the library or buy one or two books.

After you have found enough content, it is time to register a domain name. You should choose a name that has something to do with your target market, but if your intention is to create multiple mini websites, you don’t need to register a different domain name every time.

You can save money by having one global domain name, and create sub domains for each business.

The question now is, “Since everything looks good, how do I make money with these sites?” You need to follow this 3 step formula (CTM):

- Create Content
- Generate Traffic
- Monetize your website

You can build traffic by optimizing the webpage content for the search engines and by analyzing your competitors in order to build a better SEO strategy (but this is another chapter).

Blogging and pinging is a way to make sure that your site will be spidered by the search engines. Wordpress is a very good option for creating your blog, as it allows you to post, not only articles, but pages.

You can easily build miniwebsites with Wordpress. Finally, there are three easy ways to earn money with your site.

1. Sell some product that you can create yourself. If you have this ability and you want to allow people to buy your products with a credit card, the easiest way is to create a Paypal account. If you don’t have one, visit www.paypal.com and create one.

2. Join affiliate programs. Find people who sell products related to your market niche and who have affiliate programs already set up. You will earn commissions just by selling other people’s items. A good place to find affiliate programs on products is www.clickbank.com.

3. Google Adsense. Create an account at Google Adsense and include Google ads on your site. Every time someone visits your site and clicks one of those ads, Google will share its profit with you.

Creating small businesses is like a game. They do not require high investment, but they will not make you rich either. However, if you start playing many of those games, it can become a serious business.

 Listen To Podcast of this Article Click Here

Taking advantage of a home-based business opportunity can afford you many benefits. There are not only the monetary benefits, but lifestyle benefits as well.

Whether lifestyle or monetary, these benefits can be far greater than the benefits you receive working for an employer. If you are already working in your own home-based business or just entertaining the idea, be sure to evaluate your options and consider the value of the benefits you will receive. Home-based business opportunities can provide you with independence and financial freedom if you make smart decisions.

It is not always money that motivates people to start a home-based business. Sometimes the intangible benefits are more important factors when considering home-based business opportunities.

One of the more powerful draws to working from home is the sense of freedom you gain. You can set your own schedule, work the hours that are most convenient for you, and have time available for family obligations and leisure activities. Parents with children in school often think about what home-based business opportunities may be available to them.

Teacher conferences, after school activities and the ability to be home when the children are out of school are strong motivators in making the decision to start a home-based business. Working from home gives you the benefit of flexible hours and the freedom to adjust your schedule according to the needs of your family.

Stress reduction is another benefit of operating a home-based business. Any business will likely produce its own kind of stress, but certain stressful factors can be avoided when you take advantage of the more promising home business opportunities that are available to you.

You will have no daily commute, you will save money on gas and automobile expenses, and you will have the extra time in the morning and evening to relax and interact with your family instead of spending that time getting to and from work.

 If you plan properly and budget your time wisely, being your own boss can reduce the stress you feel due to constant demands and co-worker interruptions.

A home-based business opportunity cannot only give you the benefit of earning money while working from your home it can give you many other benefits as well.

A home-based business is the perfect chance for you to attain financial and personal freedom. There are numerous home-based business opportunities available to you. Research each one carefully and make sure you are willing to put forth the effort that will be required in order to succeed.

Amid all the noise and hype on the Internet today, not many people realize that all the ideas and techniques you can find are petty much useless if you dont first understand your business model. In other words, even the most amazing Internet marketing technique will not work if you dont understand how to apply it to YOUR business.

The 3 most popular business models are:

1) Affiliate Marketing

This is perhaps the most popular one out there, since there are absolutely no barriers to entry. Almost anyone can sign-up for an affiliate program for free and start promoting the product or service on the Internet with hopes that someone will buy, giving them instant commissions. Affiliate marketers dont carry any risk, since they do not pay for the creation of the product, they do not handle customer service and they do not need any up-front investments.

When you consider that those are the top three things people want to avoid, its no surprise that almost everyone and their neighbor promotes an affiliate program or another. In fact, if there is a single reason why the Internet today is so proliferated with ads and banners, its because of affiliate programs.

Even though there are so many affiliate marketers out there, only 5% ever make any money and only 1% makes big money. The “Super Affiliates” do it very differently from all the other millions; therefore they earn the big checks.

You can get a good idea of how to be a good affiliate marketer here: http://affiliatemarketing.sitesell.com/globalmillionaire.html

2) E-book and Information Publishing

Sitting at the other end of the spectrum, e-book authors need to be more disciplined in their approach to Internet marketing. Of course, they also need to invest more than affiliates do. While affiliates can get away trying to “get something for nothing” the same is not true for the e-book type of business.

If youre thinking about publishing and selling your own e-book online, and you think its going to be easy, think again. Youll need to learn a lot more than affiliates are required to. Youll need to spend some amount of money getting your business up and running. However, when you do it right, the payoff in this online business model is much more rewarding.

The reason why e-book marketers and “Infopreneurs” make more money is simple; they have very, very low production and maintenance costs. Anything digital doesnt cost a single cent to be produced in millions if necessary. Whatever initial start-up costs spent can be covered by selling just a few copies of high-margin e-books, and you can even recruit an army of affiliates who are more than willing to do all the selling for you.

Of course, its not as easy as it sounds, but the point is, when done properly, the “E-book Publishing” model is a truly profitable business.

You can learn more about e-book publishing at http://egoods.sitesell.com/globalmillionaire.html

3) Internet Based Network Marketing

Ive heard many people say that the Internet and network marketing are a match made in heaven. In my opinion, though, almost 90% of people get it wrong when it comes to Internet based network marketing. People in this business usually think theyre talking about network marketing, but in reality they are talking about affiliate marketing.

They try to make the Internet do all the work. They hide behind their computers and pretend everythings going great. They focus on selling more and more every month. They have systems that are so complicated only they can understand it. Well, that doesnt sound like network marketing to me!

Internet based network marketing is simple if you understand it, and are willing to put in the effort. The role of the Internet here is only to get you the names and contact details of people you can talk to, after which YOU, not a computer, has to build a relationship with these people and help them to start their own business.

For this simple purpose, it is not necessary for you to have a high-tech system and pretend that your auto responder is building relationships for you. Its not going to work. The key is to have simple systems that are duplicable, something you can teach to all those people you have built a relationship with. For this purpose I use NetMarkPro at http://www.netmarkpro.net/globalmillionaire and teach my own affiliates to use it too.

E-book authors, no matter what they say, have no obligation to teach you their “Secret Strategies to Become a Millionaire” of any variations to that. The reason is simple; why tell you the absolute truth when youll end up as their competitor? No one wants more competitors, right?

Internet based network marketing is very much the opposite of that. You HAVE to tell people EVERYTHING you know or your business will never take off. For this reason alone, I always recommend that if youre new to the online world, you need to first join an Internet based network marketing business at least to learn. Rest assured, no one will be selling you half-baked truths when their success ultimately depends on yours.

These are the Top 3 most popular online business models today. There are more, of course, and you can read about it at http://case-studies.sitesell.com/globalmillionaire.html

No matter which model you choose, make sure you understand the basics, and stop listening to and buying things that are not applicable to your business. Information overload can stop you before you even get started.
Gobala Krishnan is an author and Internet based network marketer. Get his free report at http://www.myinternetdream.com/ today and find out how you can achieve financial freedom on the Internet.