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Cardinal Principle Of Homeowner Personal Loans – It Is A Solution For Any Sort Of Financial Funding
You bought a house and you were promoted to the position of a homeowner. It was perhaps the most important decision of your life. Now you are taking a loan and it is going to be a decision that will affect your financial plans henceforth. What if we...

Innovation Management – Confidence in People
In the field of creativity and innovation, there is a distinct feeling in many firms that “special people” are needed.... Creativity can be defined as problem identification and idea generation whilst innovation can be defined as idea...

Know Thyself: MBTI and DiSC
In my practice as an executive coach and consultant, I use both the MBTI® and the DiSC®. I am often asked, "Which one is better?" The question reveals a common misunderstanding about psychological instruments. The fact is, there is no such thing...

Print and Modern thought
The scientific revolution that would later challenge the entrenched "truths" espoused by the Church was also largely a consequence of print technology. The scientific principle of repeatability--the impartial verification of experimental results--...

Sell Multiple Products Through a Single ClickBank Account
A ClickBank merchant account allows you to define and sell up to 50 separate products. If you have more than one product in your range, it makes sense to sell them from a shared ClickBank account. Here are three good reasons why: Every active...

 
Secret Business Strategies of Bill Gates and Jeff Bezos

"We're trying to build something lasting." - Jeff Bezos, Amazon.com founder

"In all of our activities, we take a long-term view." - Bill Gates, Microsoft Corporation founder

Vision, innovation, wisdon and hard work are but four of the skills and techniques Jeff Bezos and Bill Gates employed from the very beginning of their business experience. Both started as small business owners. They didn't have much capital to spare, and neither did they locate their businesses in prized locations.

They succeeded nevertheless. The author analyzed the factors for their success and presents the lessons learned in the form of business tips. The home based business owner has much to learn from the two titans' wisdom and experience.

Lesson 1 from Jeff Bezos

Jeff Bezos built the foundation of Amazon.com from the garage of his two-bedroom house rented outside of Seattle. He fashioned his first office tables from wooden doors, angle brackets, and two-by-four lumber purchased from Home Depot.

Tip No. 1

Be modest in your initial investment. For example, your laptop or PC shall not necessarily be top of the line. Your office location could be the corner of your living room, kitchen, bedroom, basement or garage. Save on office rent by all means. Be like Jeff Bezos who spent prudently and succeeded.

Lesson 2 from Bill Gates

Before Bill Gates became an entrepreneur, he had nurtured the vision that software will one day rule the world. During high school he spent many late nights with friend Paul Allen tinkering with the school's computer system.

Bill Gates secured mighty IBM's contract to supply the latter's operating system. When he was negotiating with the IBM people, he had no operating system as yet. He was able to buy a Disk Operating System or DOS from another developer for a measly $50 thousand. Of course he got the contract with IBM.

Tip No. 2

You can learn from Bill Gates by having your own vision for your small business. Lay down this vision in your mind. Then put it into writing. Read your vision everyday while at work in your small corner of the house. Your vision could be as short-term as the following:

"To make my web site land within the top five of Google when people search for the keywords 'home based business'"

Lesson 3 from Jeff Bezos

When Amazon was struggling to make profits for the first time, only its founder Jeff Bezos believed that the company's business goal could be achieved in a year's time. Jeff Bezos was highly motivated and he had his vision clearly etched in his mind. Everybody was astounded when Jeff Bezos achieved his goal after one year.

Tip No. 3

You should motivate yourself to succeed. The lesson that could be learned from Jeff Bezos is to lay down and make known in clear fashion your goal to every stake holder of your small business. They include your spouse and your web designer, among others.

Lesson 4 from Bill Gates

Bill Gates belatedly recognized the tremendous role of the Internet in business developments. Before 1994 he downplayed the future of the Internet. But upon awakening and realized his mistake, he put his heart and mind to incorporating the effects of the technological changes brought upon by the Internet in all his


company's products and services.

Tip No. 4

Choose products and services for your small business that are preferred by people at this time when the Internet is dominating people's lives. For example, it has been determined that information products and web shopping are favored by most consumers. Keep stock of research findings.

Lesson 5 from Jeff Bezos

It is said that change is the one single permanent thing on this planet. Amazon changed the way it does business through the years. First it was an online book seller. Next it expanded into selling music and videos. Its competitors have a hard time catching up with Jeff Bezos' innovative offerings.

Tip No. 5

Your home based business should be run like Amazon. You could be selling your single information product now. Two weeks from today you will have added another back-end product. Next month you will have introduced into your product line the inventory of the affiliate program you have joined in.

If your web site is content based, you should be adding new content every day. Casual visitors to your web site will become your regular visitors when they see new content every time they come back to your site. And these visitors will in the end become your regular customers.

Lesson 6 from Jeff Bezos and Bill Gates

Jeff Bezos and his wife were the first workers at Amazon. Their work ethics were marked with hard work and consistency, among others. These traits were handed down to their employees through the years.

Bill Gates has all the billions in the world. He is the world's richest man. He goes to work everyday nevertheless and works like there's no tomorrow.

Tip No. 6

Emulate the work ethics of the two titans. To succeed and last long in your Internet business, you should work hard to put your business online in the fastest and frugal manner possible. The important thing to consider is to start and put your small business online early and rapidly. If you need some great stuff on Internet marketing and home based business, you can get them for free from my web site at the InternetMar ketingLearningCenter.com.

Lesson 7 from Jeff Bezos and Bill Gates

Amazon was among the first, if not the first, to adopt online book retailing. When the major book sellers - Barnes & Noble and Borders Books, among others - realized this new way of selling books, Amazon was miles ahead. Jeff Bezos surveyed the Internet horizon and embraced the best technology on sight.

Bill Gates has been into new technological advances. Microsoft edged out Apple in applying for copyright license of the podcasting gadget. And he find blogging cool.

Tip No. 7

Be among the first to embrace technology. Be warned though that new technologies come and go. Some of these technologies enable you to run your business fast and easy. Other technologies rob you of your money. Your duty is to examine each technology and assimilate the best into your own home based business.

About the author:

Rick Tanzo is the creator of http://www.internetmarketinglearningcenter.com, a PR4 web site which offers Internet marketing and home business resources, free software, free articles, free classified guide, and more.

 

DTI - Welcome to the DTI's Innovation Home Page
The DTI is working to stimulate a significant increase in innovation throughout ... It covers Living Innovation, web streaming of a series of high profile ...
www.dti.gov.uk
 
Innovation - Wikipedia, the free encyclopedia
An innovation in this light occurs whether or not the act of innovating ... A convenient definition of innovation from an organizational perspective is ...
en.wikipedia.org
 
National Innovation Website
The Department of Industry, Tourism and Resources has developed this website to raise awareness of the importance and benefits of innovation and ...
www.innovation.gov.au
 
Innovation, creativity and brainstorming resources from ...
A comprehensive site designed to provide busy entrepreneurs with a focused collection of the best resources on innovation, creativity, and brainstorming.
www.innovationtools.com
 
Innovation Weblog - Trends, resources, viewpoints from Chuck Frey ...
The Innovation Weblog - Valuable trends, resources and viewpoints in innovation, creativity and brainstorming from Chuck Frey at InnovationTools.
www.innovationtools.com
 
CORDIS: Innovation Portal: Home
This Innovation Portal is supported by DG ENTR of the European Commission, ... European Commission adopts new Communication on Innovation: on 13 September ...
cordis.europa.eu
 
CORDIS: Promotion of Innovation: Home
This programme stands at the cross-roads of the Community's policies on Research, Innovation and SMEs.
cordis.europa.eu
 
Innovation Network... leveraging innovation, creativity and ...
The Innovation Network is an association of companies and employees committed to innovation. The site features some interesting articles as well as some fun ...
www.thinksmart.com
 
Business Innovation : Car Reviews, Online Gaming, and Product Branding
If your in need of great Online Gaming material, we carry up to the minute news and reviews for all of your favorite games and gaming systems.
www.businessweek.com
 
Innovation - Life, Inspired | PBS
Learn about fascinating innovations, explore interactive features, submit questions to our experts, investigate resources and lesson plans, and more.
www.pbs.org
 
Innovation.org - Welcome
Impact of Innovation Saving & Improving Lives Controlling Healthcare Costs Strengthening ... Future of Innovation New Medicines in Development Next Wave of ...
www.innovation.org
 
Innovation: See what people are saying right now on Technorati
See all blog posts tagged with innovation on Technorati.
www.technorati.com
 
Innovation Relay Centres - The World Largest Network for ...
Innovation Relay Centres giving advice on Innovation, Technology Transfer and Exploitation. Major European source for innovative technologies or new ...
irc.cordis.lu
 
The Tech Museum of Innovation | Welcome
The Tech Museum of Innovation - Welcome! The Tech Museum inspires and educates the innovators of the future.
www.thetech.org
 
Pages tagged with "innovation" on del.icio.us
CoDev 2007 - Co-Development for Business Growth: Open Innovation and Alternatives ... PDMA & IIR's 5th Annual Front End of Innovation ...
del.icio.us
 
innovation
Publication highlighting the research activities of NUS. The site provides snippets of selected articles online, and provides a subscription form online.
www.innovationmagazine.com
 
Canadian Innovation Centre
Services includes invention evaluation, technology due diligence, market research, and education programs.
www.innovationcentre.ca
 
London INNOVATION :: Home
Maximise your business potential through innovation. Learn the secrets of successful business innovation in London.
www.london-innovation.org.uk
 
Eric Von Hippel's Homepage
Downloadable Books. Democratizing Innovation (2005) ... The Sources of Innovation (1988). Free download of the complete book. Permission granted by Oxford ...
web.mit.edu
 
Intel Innovation in Education
www.intel.com/education/ - 3k - Cached - Similar pages
 
 

 

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