ACCOUNTING AND YOU

Hello friend. "I have an accountant who takes care of my accounting needs." That is what we tell ourselves all the time, thinking that this will save us the pain of going to class and learning all about accounting.The hard truth is that we all need to know a little about accounting or some basics, or you will end up being swindled by your accountant or find yourself in deep financial trouble!!

Celebrities and millionaires have fallen prey to mismanagement of accounts. Therefore a little knowledge of accounting is essential for success in your business. That is what i am here for.

Sunday, August 30, 2009

USING SPORTS TO GAIN ONLINE RICHES

The
sports industry is one of the areas that did not suffer a lot during
the economic recession. Infact, this is one of the areas where people
go to release the stresses and strains that were experienced at the
peak of the recession. Let us take soccer for instance. The various
european teams have had one of the most successful and also expensive
transfers that has ever been seen. Talk about Christiano Ronaldo from
Manchester United to Real Madrid, or Kaka to Real Madrid from Milan.
Just to mention but a few. You see, these teams do not mind spending
these huge sums of money on these players because they know that they
will get a return on investment very soon. You can take advantage of
the huge and faithful fans that are loyal to these clubs and make
yourself rich while doing so on the internet. There are various ways in
which you can do this: one of them is opening up a website that
auctions off peoples seasons tickets for various games. However before
doing so, you must set up an authentication scheme to ward off
illegitimate fraudsters. How can you do this? I will cover various
safety methods that you can use to achieve the desired results in my
next article. Take these decisive steps to realise your dreams of
becoming an internet millionaire.

USING MONEY AS LEVERAGE TO GAINING ONLINE RICHES

How can you leverage entertainment to gain online riches? Well, in my
previous article, i had shown you how to position yourself as a
beneficiary of the blockbuster boom that we are currently witnessing in
hollywood. Movies are breaking box office records at this time where
the economy is still recovering from the recession. You can choose to
talk about the top 10 films in the box office, critique them, then
offer people a chance to comment on the posts. Why the top 10? This is
because there are chances that these are the movies that rank high in
search engines, such as google. The more relevant the movie you choose
to discuss on, the higher your website or blog will appear, when a user
searches for it! There is one catch though, you must be ready to post
something everyday about the releases that occur at the box office. The
search engines available on the internet rely on constant data. The
more you update your blog or website, the higher the chances of you
appearing among the top 10 search list. Another segment of the
entertainment industry where you can benefit from online is the sports
industry. I will be explaining how you can do this in my next article.

AREAS OF INVESTMENT ON THE INTERNET

There are various ways in which you can invest on the internet. Just think about it, there are over 100 million websites over the internet! How could you possibly be visible amidst such a huge number! You may wonder. However, you should also be privy to the fact that there are also over 1 billion users of the internet worldwide! So if you can manage to offer just 1% of this number, the service or goods they are looking for, imagine how much money you can make, even if it is just taking 1$ from each of them as the cost for your services! So what areas might I invest in the internet at this moment where there seems to be economic depression everywhere? You may ask. Well, the key to identifying these areas is by trying to figure out how you can turn the so- called problem into an opportunity and derive money from it. For example; one area you may identify is the entertainment industry. As opposed to other industries, entertainment has managed to stay afloat during this period of economic recession. This may be because people who have been laid off are so depressed that they need entertainment as a form of getting away fro m it all. Thus they may spend the little money that they have to go watch a movie, or buy a video game console, so that they can use this as a way to escape from their current predicament. One area of entertainment you may generate revenue from is selling mo vie tickets online, or directing people to websites that offer these tickets at a throw away price. Most people want to be entertained, but the lesser they pay for it, the better for them. Therefore if you can create a website that offers cheap ticket information, you can be assured that many people will visit your site on a day to day basis! Then how do you pick the films to sell the tickets for? That’s easy, at this moment, I have seen that movies that have sequels, are the safest to bet on. People will always be willing to pay for a movie that they liked, the first time it was released. Therefore chances are high that they will like the sequel, and pay to go see it. Another way to generate revenue from films is to put up your own blog that critiques the films, and offer people an opportunity to comment on your posts. If a film like Harry potter and the half blood prince, that is doing so well currently at the box office was to feature as a topic of discussion on your blog, be rest assured that millions of kids around the world would want to have a say on it. This is just one segment of entertainment that can generate revenue for you on the internet. I will be delving deeper into it in my subsequent articles. Take this advice and apply it practically, then watch as you become well on your way to being an internet millionaire!

HOW CAN I MINT MONEY ONLINE?


How can you mint money online? I know you are probably wondering how this is even possible. The truth is that you can really mint money online!! Not in the literal sense of manufacturing cash, but in the sense that you can be able to make a lot of money online, especially during this recession period that we are going through. So how can you do that? This is the second way in which you can use to formulate a winning strategy towards making loads of cash online.
Why should you make money online and not anywhere else? Well, if the reports in the media are anything to go by, people are becoming more skeptical in buying goods and services from retail markets, as they are more expensive. Majority of the people are currently preferring to shop for goods online because they are cheaper and also because they are delivered right to their doorstep, thus eliminating the need for them to incur costs while going to the mall or shop. Thus if you can open a shop which caters to what people need during this time and cannot do without, you will be well on the way to becoming an internet millionaire! How do I get the right combination of goods and services? You may ask.
I will admit it is a little bit tricky to get what people want when they want it. But a little research that I have conducted online has given me various leads on what other methods people are using to make money online. I will be covering a few of these goods and services in the subsequent articles, and also explaining why they are so profitable during this period. If you take this necessary step, you will be well on your way to realize your dreams of becoming an internet millionaire!

MAKING MONEY IN AN ECONOMIC RECESSION


Let’s face it, the recession is here with us and will not go away anytime soon. Sure they may be a few companies that are making progress in terms of profit margins for example ;Barclays, Google, just to mention but a few. However, most people are still not confident that this market rally will last. The best thing to do in these circumstances then is to equip yourself with strategies that you can use during such a bearish market. There are five main ways that I would advice you to go about solving this problem. I will be writing about them in the next five articles.
The first way is mental preparation. Yes, mental preparation. As obvious as it sounds, mental preparation is an integral part of decision making. You need a sound mind to be able to handle the pressure and surprises that a recession brings along with it. One moment you may be experiencing a rise in revenue, and the next minute it’s gone just like that. So how do we go about mental preparation? There are various ways that are available; Exercise is a good way to start of the day or finish it, depending on your daily schedule. You should make it a point to exercise at least a day, 5 times in a week. Why? You may ask.
This is because exercising is responsible for making your body release pent up toxins that may cause you to suffer from high levels of stress that may lead to hyper tension. What good would it be if you are not of sound mind and have a cash load of money? More so during this period where companies are cutting back on their workforce and streamlining their operations, it is not difficult to find yourself amongst those who are affected. Therefore it is almost inevitable to avoid getting stress. That is why I suggest you should manage it so that it does not blow up out of control. If you take heed of this advice, you will be well on your way to making lots of money during an economic recession.