Someone asked if it is possible to earn online through advertising by simply creating a website and then not really doing anything after that. Don’t we all want that — to earn on autopilot without doing anything at all? One of the first mistakes is thinking that you can create a website, leave it and [...]
Follow @powerhomebizBalancing Home Business and Family
I previously wrote about the how to survive life as a work at home mom , which got a great comment from a reader. An article at Lousiana’s ShreveportTimes.com focused on the same topic as well, with some additional tips on how to balance home business and family: Prepare a realistic schedule — and stick [...]
Follow @powerhomebizHow Are You Coping with the Economic Downturn?
The National Bureau of Economic Research (NBER) is the non profit economic think tank who has the distinction of making the official announcement that we are in a recession. While Martin Feldstein’s group is yet to announce that we are in a recession, signs seem to be pointing that we are in a very bad [...]
Follow @powerhomebizEvent: Smart & Simple Strategies for Startup Success
Microsoft Office Live is organizing an event for women entrepreneurs entitled Vision to Venture: Smart & Simple Strategies for Startup Success . This event will be held in the following cities: St. Louis = April 2 San Diego = April 15 Miami = April 22 Austin = April 24 Seattle = May 9 If you [...]
Follow @powerhomebizChoosing the Right Product Lines
When you open a store, whether brick and mortar or online, you start by thinking your store’s concept. What is your store going to be? What image do you want to convey? What type of consumer do you want to reach? Then you move on to what products will you sell to convey the concept [...]
Follow @powerhomebizStarting an Auction Web Site
eBay’s huge success can inspire others to replicate its business model and start their own auction site. Alas, it is hard to follow eBay’s model where anything and everything can be traded on their site (within their guidelines, of course). Even Yahoo Auction, with all their marketing might and technology, can’t even hold a candle [...]
Follow @powerhomebizGetting Sick is Not an Option for Solo Entrepreneurs
I have just been released from the hospital for an emergency surgery last Wednesday. Everything went well, and I am now back home recuperating. But I have not been able to post anything in my blogs, which brings me to the question: If you are hospitalized or get sick, do you have a back up [...]
Follow @powerhomebiz10 Most (and Least) Profitable Businesses to Start
Forbes.com has made a list of the 10 Most Profitable Businesses to start, which are: No. 1: Accounting Services = Average Pretax Margin: 25% No. 2: Legal Services = Average Pretax Margin: 21. 6% No. 3: Dental Services = Average Pretax Margin: 20.9% No. 4: Specialized Design Services = Average Pretax Margin: 17.6% No. 5: [...]
Follow @powerhomebizCan an Entrepreneur Succeed When Focusing on Various Ventures at the Same Time?
Is it wise for an entrepreneur to start several new businesses at the same time? Someone asked if it is possible to start several ventures simultaneously — in this person’s case, two consulting businesses, an Internet project, and a construction company — at the same time. I do run several businesses, but never started them [...]
Follow @powerhomebizHow to Survive Life as a Work at Home Mom
Having a home-based business is a great way for moms to earn money while staying at home. However, the reality is easier said than done. A home-based working mom must be adept in the tricky balancing act of caring for the kids, ensuring the house is in order, and running the business. I have 3 [...]
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