This is the first in a series of articles and videos that I have put together to give you a comprehensive overview of the 10 best home based business success tools. These are the most important things you will need to succeed in any home based business. Here is the list at a glance: No. 1 – A Great Marketing System
No. 2 – A Fantastic Sponsor or Business Coach
No. 3 – A Millionaire Mindset
No. 4 – A Big Dream That Fuels Your Engine
No. 5 – A Strong Desire to Succeed
No. 6 – A Powerful Belief in Your Own Ability
No. 7 – A Stubborn Determination to Keep Going
No. 8 – A Continuing Education
No. 9 – A Purpose Beyond The Money
No. 10 – A Product You Can Connect With Personally In this article we focus on the single most important factor you will need to succeed at your home based business: A GREAT MARKETING SYSTEM. That’s right, my friends, a marketing system and it must be a great one. But why? Isn’t the product important, isn’t it important to have a great compensation plan? No, it isn’t. At least, it isn’t nearly as important as having a great marketing system. The reason is simple: the best product in the world will sit on your shelf, or in your garage, or at your company’s warehouse if you don’t have a steady stream of people who need it or want it, and who find you when they go looking for it. It’s the old basic principle of supply and demand. It really is all about the marketing.It doesn’t matter which came first or what created the other. The fact is that both are necessary ingredients in your recipe but the result won’t be success unless you can bring them together. This is where marketing comes into play. You have to find customers who want what you’re selling, and you have to make sure they want to get it from you. Then you have to provide it to them with a wow factor that keeps them coming back for more. Of the 10 best home based business success tools, a great marketing system is number one because it will overcome many of the challenges you will face along the way.A great marketing system will have an action plan that you can follow, steps you can take every day, things you can do on a consistent, persistent basis to attract people to you that will buy from you. You need to be constantly “filling the pipeline” with targeted leads and qualified prospects so that you can make sales on an ongoing basis. A great marketing system will utilize several forms of media. These can include classified ads, ezines, video marketing, radio, television, internet pay-per-click ads, social media networking, you name it. In a home based business you generally won’t use them all, at least not in the beginning. But a great marketing system will show you how to start with one, get really good at it, and then expand it into other areas, building upon what you’ve already done, so that your results are multiplied many more times than your relative effort.
10 Best Home Based Business Success Tools – No 1 – A Great Marketing System
What Benefits Are the Property Management Companies Able to Offer?
When you are looking at the possible options for renting out a property, you might want to consider the wide range of responsibilities you might have to accept if you are looking to do this by yourself. Maintaining a rental property and dealing with tenants is likely to be a difficult prospect of those that haven’t been involved in this area in the past. Luckily, with the wide range of companies that are able to offer a highly efficient property management service, you have complete access to support that is able to ensure that the entire process of renting a property goes as smooth and profitable as possible.
When you start researching the variety of services provided by the property management companies you will soon appreciate there are a great number of benefits to use these particular services. Here are some of the main reasons for hiring the services of the management companies:
Standard of tenant: In the process of renting out the property the management companies will go to great lengths to make certain the tenants are of high standing, which should ensure that there is less likelihood of damage to your property and that the rent will be paid on time. A considerate tenant is also less likely to cause as much wear and tear compared to those that aren’t overly concerned with looking after and maintaining the property.
Offer a variety of services: You might well find that the professional leasing services are able to offer a great number of services, including rent collection, handling the security deposits, terminating the lease, evictions, property inspections, and many other services to make certain that the rent is made in a timely manner each month.
Property filled longer: When you are able to rely on the property management services there is a greater chance that the property will have a tenants, and the chance of having an empty property for long periods of time will be less. They are also able to ensure any improvements for repairs to the property are completed as soon as possible after a tenant moves out, which should make sure the turnover of getting new tenants in quickly and efficiently is that much more achievable.
Keeping tenants happy: A further quality aspects of relying on the management services is that they are able to offer a quality service to assist in areas where problems might need repairing or fixing. By offering a quick and reliable service to ensure any repairs are completed to a high standard means the tenants are kept happy, and as a consequence of that, they are more likely to be long-term and loyal tenants.
Basics of Real Estate
Real estate refers to immovable property such as land, which also includes rivers or streams that may be part of the land, as well as any physical structures that may be affixed to the land like houses, buildings or commercial establishments.
The terms “real estate” and “real property” are often understood to mean the same thing, although in some circles, real property refers to the rights of the owner over the real estate. Both terms are used mainly in common law, which is further divided into property law, the laws that refer specifically to the property, and contract law, the laws which refer specifically to the rights of the person over the property.
For centuries, people have viewed land as the primary measure of wealth. Even today, land comprises a large part of the fortunes of the wealthiest individuals and nations. Developing countries who are rich in real estate use this to attract foreign investments that can spur economic growth. However, in recent years, economists have noted that the key real estate investments into developing countries have been derailed by the lack of effective laws to safeguard such investments.
The leading source of capital for purchasing and developing land real property is mortgages. These are loans that banks grant to individuals who use the real property as collateral. Mortgages are favorable endeavors for banks because they can’t lose: either the borrower successfully repays his loan with interest or if the buyer cannot pay his loan, the bank can claim the rights to the property through foreclosure, which is an action that is decided in a court of law. Once the property is foreclosed, the bank can sell it to recoup its loan.
This is where economists raise a howl. An analysis of international banking and real estate laws reveals that, in many developing countries, there is no effective way for a lender to foreclose. With no legal or institutional protection, many investors are discouraged from investing in real estate in developing countries. Often, the mortgage loan industry is only open to a select few, mostly engaged in by a cabal of well-connected families who frequently use their social connections in matters of foreclosure.