4 Income Streams Give You a Potential 75% Guaranteed Income When It Goes Bad

Every business knows its ups and downs, conjuncture and other outside factors influence buying behaviour of people in general. Spreading the risk is a well known and well executed strategy of many successful entrepreneurs. If you want to become one of them, you'll have to learn how to do it.

Spreading the risk

A silly example is being an ice cream vendor - 4 seasons in a year, all with their different pros and cons.

25% spring
25% summer
25% autumn
25% winter (goes up to 75% if you live in Europe hehe)

It's not a truthful representation of how much they sell in summer or winter, but it's just to prove a point.

If you're one of the less advanced entrepreneurs and you want to make quick summer money, you will focus on having a small shop on a beach or a cart in the street. The sun shines and many tourists are attracted to your stall. Amazing season!

The next year however, there's a lot of rain and people stay away from the coast, a massive drop in income struck you and you fall back to only 25%.

Summary: You focussed 100% of your business on one season. One bad season strikes you and you lose 75% of your income. The struggle will start to overcome the other three months now.

If you're a smart entrepreneur, the ones I try to convince with my consulting services, you will spread the risk and find other sources of income. In the case of the ice cream venter, think of where you can sell your creamy paste when the sun is not shining.

Fill in the three blank seasons, for example:

Spring: Organise cooking classes and teach people how to make their own artisanal ice cream.
Autumn: Try and sell high quantities of your product to hotels and restaurants
Winter: Experiment with hot and cold, sell your ice cream together with a hot Belgian Waffle!

Now you're covering the whole year and one bad season potentially only affects 25% of your income. Your 75% drop of income in the summer now only affects you for about 18% of your yearly income.

Spreading the risk also gives you new experimental breathing space

By spreading the financial risk of your business, you open up new perspectives. If you're only risking 25% of your income, you may start to give it a try to start something new. In the case of the vendor, why not experiment with a new range of non conventional tastes, basilicum ice cream for example!?

It's possible you're tired of your business location. When you've spread the risk, you can find a new spot and test it properly. Should you fail, you can still go back to the roots, but you had a chance for trying.

I'm not an ice cream vendor I'm an online entrepreneur

I know I know. If you're really an entrepreneur, you should get the picture and render this article for your specific case. If you're only generating content, it's a smart idea to find alternative "products" to supplement it.

When I had my military aviation website, my main income was from AdSense. Imaging getting banned for some reason, what do you do?

I spread the risk and started selling my own posters, t-shirts, mouse pads, flight simulator hardware, pilot gloves and suits. I was able to generate at least 6 sources of income and I opened up the option to experiment with ads.

BusinessPJ is a brand new honest approach to achieving a passive income through hard work and logical thinking. Visit http://www.businesspj.com and get started today.

My very best regards,

Pieter-Jan Verschaeve

Article Source: [http://EzineArticles.com/?4-Income-Streams-Give-You-a-Potential-75%-Guarantee...] 4 Income Streams Give You a Potential 75% Guaranteed Income When It Goes Bad

Filed under  //   I try   The sun   bad   best regards   ice   ice cream   risk   season   summer   ups  

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Italian Ice for Your Own Home-Based Business

If you consider yourself an average earner, you are probably constantly looking for ways to increase your income. There are many of you in this boat and that is quite perfectly normal. People would always want to be able to afford themselves and their families the extra, sweet luxuries of life. And as long as you're not extending yourselves way beyond your limits, there should be nothing wrong with exploring every possible means to afford more in life. One of the means you can try is starting up your own home-based business. It sure doesn't have to be all that complicated. In fact, a simple Italian ice cart can get you started quite fast and conveniently.

Why Italian ice? We know how ice treats are a beloved part of every family get-together. We all grew up with ice delights and we are all allowing our children to grow up with the same sweetness that we enjoyed as kids. Whether you talk about a neighborhood park or a first-class restaurant, ice delights are almost always a part of the picture. And we're not just talking about kids here. Most adults still enjoy eating their favorite ice sweets, and, unless this has gotten in the way of good health, these people are probably going to spend the rest of their years still loving that ice. Case in point: you're not going to have a hard time selling Italian ice if you make it your own business.

If you're wondering how to start, you can actually do your research online and find websites that offer packages for jumpstarting your Italian ice business. Of course, there will be fees, but you can consider that your investment. The good thing is, it won't take much to begin a business like this. All you need is a small amount that is enough for you to buy a cart and your initial stocks of that delectable Italian ice. Definitely, you're going to need to pay someone to operate the cart, unless you see yourself being that person. If you have a bigger budget, you can start with an ice cream truck or van. This will cost you most than what it would take if you started out with that cart, but you can also expect to make more money in a faster period of time.

The main benefit of being in this type of business is mobility. You can just bring your cart or truck where there will be people you can sell to. You don't have to stay in one corner and wait for customers. You can actually carry your business around with you and stay where you think you'll be making a good sale for that day. Surely, this is going to be an advantage.

Before you start your Italian ice, [http://italianice.net/]water ice or [http://italianice.net/]ice push cart business, make sure you've done your research about your target market. After all, no matter how saleable you think your business is, nothing works better than getting it all planned out before starting.

Article Source: [http://EzineArticles.com/?Italian-Ice-for-Your-Own-Home-Based-Business&id=597...] Italian Ice for Your Own Home-Based Business

Filed under  //   business   ice   ice cream   italian   neighborhood  

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Gutter Cables To Stop Ice Dam on Your Roof

Roofs with inadequate ventilation ice up in snowy conditions. This can lead to ice dams at the roof edge which prevents melt water from the upper section of the roof from flowing off the roof. This melts water then ponds at the ice dam and leaks under the shingles. There are heating cables that provide an effective and economical method of preventing ice dams from forming on roofs and in gutters. Whether the application is a factory, restaurant or home, these have cables comes in wide range and controls to exactly match your requirements. Gutter cables are just one of the best solutions for gutters not to be filled with water during winter.

Placements of heat trace cables on roofs or in gutters to melt ice during winter months. When used in gutters the cable is not meant to keep the gutters free of ice and/or snow which is a common misconception. The purpose is to keep a free path for the melted water to get off the roof and down the downspout or drain piping.

Common gutter cables are heat plug-in self-regulating heating cables that are designed for residential and commercial roof & gutter de-icing applications. These cables are installed on roofs and placed inside gutters and downspouts to create and maintain drain paths for water.

There is no doubt that gutter cleaning is important for any home owners. Leaves, dirt, twigs, sediment and other items can clog your gutters and downspouts and create other expenses if left unchecked. Snow on the roof is causing more issue especially if the gutter is filled with snow.

This is where companies have stepped in with gutter covers and gutter guards that will prevent you from having to ever clean your rain gutters again. There are different gutter guards like a gutter cable which is available in different market areas as of today.

Author writes for [http://www.martellaelectric.com/services/services-offered/snow-melting-cable.php]gutter cables.

Article Source: [http://EzineArticles.com/?Gutter-Cables-To-Stop-Ice-Dam-on-Your-Roof&id=5543829] Gutter Cables To Stop Ice Dam on Your Roof

Filed under  //   clog   ice   snow   water  

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Make Money Online From Anywhere in the World

With the world in a spin over the so called 'Global Financial Crisis', the future looks grim to most people. Every day I hear stories of people working day after day not knowing if their jobs will still be there tomorrow. One close friend of mine has been working in an Australian owned lab producing paint for 25 years, but recently the company has been sold to a multi-national corporation based in South Africa and with work drying up (excuse the pun), he is very fearful for his future employment. The GFC has him running scared. Your story may be similar to this and if it is I feel for you. When he asked me "is it possible to make money from home online in Australia?", my short answer was "YES!"

True, the GFC did not hit Australia as hard as many were expecting, but it is still very frightening to think it may not go away any time soon, and it might just get worse... and soon!

What the GFC has done is make everyone aware of how thin the ice is. Is it not true that skating on a frozen lake is always heaps of fun until someone falls through the ice? Then there's a panic that sets in. Some try to form a rescue but with fear for their own safety. For others the fear is too strong and they just get off the ice as fast as their skates can get there. Panic like this is infectious and can easily distract the heroes from achieving the rescue.

Big corporations and small companies alike are letting go of Australian workers due to financial strain. Despite this, many of my associates here in Australia have been making more from home in the past 12 months than they did the previous few years working for a boss. They�are doing this despite the GFC and I may go as far as saying it is because of the GFC is�forcing people out of the 9-5 mindset and into a mindset of independence.�Many entrepreneurs�are banking on this mindset shift as a growth in their�market.��They are making money from home online in Australia and are helping other Australians do the same.

Through market research�they are finding that people from all over the world are looking for new ways to make money. Rather than relying on the company to provide security, they are looking to provide their own security through independent entrepreneurship. Locally here in Australia, we have found that more and more Australians are scouring the internet, searching for an alternative means of generating income.

That movement toward independence is bringing the world back to the days before the industrial revolution at which time most businesses, despite the size, were family owned and operated. Grocers, butchers,�blacksmiths, masons, etc. were able to build profitable businesses without competition from�big corporations looming over their heads. Now with the internet, we no longer think local; we as entrepreneurs are thinking global. Despite our independence,�through use of the internet�we can can turn our old annual salary into�a monthly paycheck. I love the internet! Do you?

Ray Jeffrey, Melbourne, Australia.

Ray Jeffrey, owner of Paradise Valley Marketing, is a respected business and marketing coach looking to work with approved applicants to build their online businesses from the ground up. Make contact today: [mailto:paradisevalleymarketing@gmail.com]paradisevalleymarketing@gmail.com

Article Source: [http://EzineArticles.com/?Make-Money-Online-From-Anywhere-in-the-World&id=490...] Make Money Online From Anywhere in the World

Filed under  //   australia   contact   gmail   ice   internet   money   online   people  

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Opportunity

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