Recently I launched a new business. It allows people to find their favorite Kindle books at a big discount.
Why bother launching a new business? One day, suddenly the idea came to me. When shopping on Amazon, I noticed that the price of a book can fluctuate wildly from one day to the next. The price could be $12.99 one day, and free the next.
Who has time to check the price every day? Wouldn’t it be great if there were a way to be notified when the book is on sale? That was the idea. And then I created the site.
If you are interested, you can check it out at Librosso.com. I would love to hear your feedback about how the service can be improved.
After launching the site, I began thinking about the different steps to business success. And that there is only one way to get from one step to the next: Action.
The Value of Action
It always amuses me when people talk about their bright idea like it is a valuable asset. Everybody has great ideas. But 99.99% of the time they don’t do anything about it.
After analyzing the traffic for the Online Investing AI blog, I became curious about the most popular post of all time. It turns out to be Rich Dad’s Cashflow Game is Now Free!. This got me thinking: why is this post so popular? Of all the Rich Dad posts, why do people love this one?
Rich Dad’s Cashflow Game
Perhaps it is because of the high price of the board game. When I last checked it cost over $100, compared to perhaps $20 for most board games. Does the Rich Dad game cost more to produce? No, it costs more because it is worth more.
This is a guest post by Lisa Shoreland, who is currently a resident blogger at Go College. Recently she has been researching international studies as well as paralegal scholarships. In her spare time, she enjoys creative writing, practicing martial arts, and taking weekend trips.
If you’re going to achieve success and financial freedom in life, you need to have a personal development plan. Those who look ahead to the future and project themselves into it with accuracy and confidence are the ones who enjoy real success. Working on your personal development can help you achieve your goals, exercise control in your life, and make the necessary changes to take yourself where you want to go.
Image courtesy of Bill Kuffrey
To start forming a personal development plan, you can use the following tips. They helped me begin to visualize my own future, and they still give me a way to keep track of my progress. I hope they can do the same for you. Continue reading →
This guest post was provided by Katheryn Rivas, who regularly writes for online universities. She welcomes your comments at firstname.lastname@example.org.
Working from home can be a great way to save money on commuting expenses, as well as overhead costs related to leasing an office space and paying monthly bills for utilities and so on. This sort of cost-reduction is especially important in this economy, given the trouble we’ve seen in the past few years and the looming rising gas prices due to unrest in the Middle East.
Image courtesy Heather Harvey
The one thing you have to make sure if you do plan to work from home is that you can remain just as productive and focused as though you were working in an regular office. Your home can provide a sanctuary for your work; however, it can also be a very distracting environment if you’re not careful.
Here are a few tips to keep up your productivity and stay focused when you work from home. If you can think of others, please feel free to add them in the comments section.
After writing about Zappos yesterday, I remembered a few interesting things that I didn’t mention in the post about the company. I had heard about the wonderful customer service and company culture about 3 years ago. So I decided to do a little experiment. I called the customer service line to talk with whoever answered, to find out what it was like to work at Zappos.
Tony Hsieh, Co-founder of Zappos
I had heard about what a great company Zappos was, but I was a bit surprised when I actually talked to the customer service representative. Before I tell you what happened when I called Zappos, let’s think back about what a “normal” customer service call is like.
Now is the time to make the time,
Hope is still in sight.
Let us not go gently,
To the endless winter night.
— Rush, Red Tide
I don’t know about you, but I love to plan. Plan the day, the month, and most importantly, the year. Most people are running around shopping like crazy, but I think now is the most important time to stop, think, and plan.
The end of the year is a great time to evaluate this year, and think about what we want to happen for next year. I like to ask myself the following questions:
Am I better off now than at the beginning of this year in the following categories:
with respect to my relationships
with my body and health
in my career or business
If I have one most important goal in life, what would it be? How much progress did I make toward it this year?
Here are some more questions that are great to ask:
There are a lot of things to be depressed about. The stock market is sagging and the economy seems to be faltering (again).
But, first, I’m a Schumpeterian. I think that a certain amount of creative destruction is need to pave the way for bigger and better things.
I also believe that for every bit of news out there that depresses you, there are things that should make you happy and excite you to make the world a better place. Whether it’s Dracula’s interview of Winston Churchill or advice on how to battle back if you missed a goal, there are always bits of advice on the web that will make you happy.
Now that the recession appears to have abated and everyone is saying that we can relax, I think it’s time to reevaluate the situation. If you consider that the country’s financial situation has worsened significantly, it’s pretty clear that we are not out of the proverbial woods. The government spending of trillions of dollars may have stopped the recession, but it may also have set us up for a worldwide depression.
Think I am full of doom and gloom? Absolutely not. Both Matt and I are extreme optimists. But consider these facts: depressions happen on average once per lifetime, or every 80 years or so. It’s been 80 years since the last depression. The government is running budget deficits on a scale that has never been seen before, and has no way of paying back the money. The housing market has leveled off, but there is nothing to help it recover after the current first time house buyer’s stimulus wears off. The unemployment rate is getting higher, and there is nothing to slow that down. The US automakers have recovered for this month, but only because of $3 billion dollars of free money for (mostly American) clunkers. As soon as that stimulus effect wears off, the American car manufacturers will be in even worse shape than they were last month.
After a recent post about abundance, I started thinking. Abundance is so attractive and it is such a powerful way of thinking, but why is scarcity so common? Maybe I’m wrong, but it seems that there are a lot more people who believe in scarcity than believe in abundance. And this is even after The Secret became popular.
After watching The Secret, it really made me think about how we attract things into our lives, and how our beliefs create our world. It sounds stupid and metaphysical, but I really believe it’s true. It applies to every aspect of our lives, including money.
Many people go through life penny pinching and believing that there is not enough money available for them. And, since there is not enough for them, they don’t even think about anyone else. I suppose that there is not enough money for other people as well. At least in this scarcity paradigm.
In contrast, there is the opposite point of view: that money is available in abundance, and we can have as much as we want. We don’t have to lie, cheat, or steal to get it.