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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Blankets - What to Buy

When you're shopping for blankets, you want to buy the right one. If you do not buy the right one, even the most expensive ones won't ensure comfort. Here are some insights on various kinds.

Cotton Blankets
They are common. They are popular because of their versatility in appearance, styling or color. They're outstanding as a decent layering piece. Thus they enhance your bed and/or day to day use. Some people are hot-blooded. So these are good for winter nights. Cost varies depending on styling, type, quality of construction and brands. Fortunately, you can always get styles matching with your affordability. They are easy to maintain too.

Down Blankets
They offer durability, comfort and luxurious beauty. Get them if you love snuggling under the blanket. They're cozy, a bit cool to touch - still warm beneath. So you stay comfortable in your sleep. And they're good if you run a bit warm-blooded.

Electric Blankets
They get you warmed up to your desired temperature. You stay cozy and well comforted all through the night. If you're new to the idea of electric blanket, you would be fairly pleased the range of brands offering wire-free designs powered by conductive tape. Such tape offers fully even heating. They also offer lightweight elegance.

For a cheaper alternative, you can go for the conventional versions. They cost almost the same as the modern versions. Though they run one obsolete electric heating technology, but still offer great softness along with lightweight warmth. If you want cheaper deals, you can just try any of those end-of-season sales to make sure your bed stays toasty as well as luxurious.

Fleece Blankets
They're ultra-soft and give you plush feeling of fleece. They reason they are so popular is that they remain wonderfully warm throughout the winter season. Usually, they're small fry and simple to maintain. That is because they're made of polyester along with other synthetic kind of fibers.

Wool Blankets
They offer sheer durability along with nice warmth. You should feel happy owning your wool blanket! But they're not for people who're allergic to wool. For them, a better choice is a woolen blanket covered with cotton.

You can use lightweight weaves year round. A woolen blanket often touches down a broad selection of nice looking plaids, as well as colorful solids enhancing the dcor. Since wool is durable, you should enjoy its long life.

Find reviews and deals on [http://foldingchaircart.com/outdoor-folding-chairs/]outdoor folding chairs and [http://foldingchaircart.com/folding-chair-covers/]folding chair covers.

Article Source: [http://EzineArticles.com/?Blankets---What-to-Buy&id=4642996] Blankets - What to Buy

Filed under  //   bed   bit   chair   cotton   elegance   outdoor   plush   polyester   season   winter  

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Creative Marketing Ideas For Summer - 3 Ways to Create Leads During the Summer Season

Creative marketing ideas for summer to enhance your promotional campaigns is a great plan if you want to stay in business during this, for some, slow season. It's that crazy summer time again which, for many business owners, means a drop in sales. I've got good news for you. This summer season, you and I are going to increase our sales. Let me share......

Creative Marketing Ideas for Summer - 3 Ways to Create Leads During the Summer Season

1. Weekend Getaway
Organize a short mini-vacation in a nice resorts somewhere near the beach with some of your close past clients. A great way to reconnect on a more personal level. Usually this will result in some referral business. Ask them to bring a long a friend or two as well. This might even bring you some new clients while you're on your short holiday, having fun.

2. Summer BBQ
It's warm, it's hot, the perfect time for sparking up that BBQ! Invite your friends, their friends, neighbours and other people that you know. In my personal opinion, one of the most fun, creative marketing ideas for summer and to create leads during the summer season. This is social networking on a high level folks! This will get you more referrals and perhaps even a few new clients as well.

3. Community Day Marketing
In many villages or city areas, the local community organises day celebration with events and activities for the whole family and there are also vendor booths. Here is another creative marketing idea for summer... Make a reservation to get a spot and pitch up a nice big tent, install a nice presentation table and have something of great value to give out to the people. You could organise a raffle or a bingo. Give away one time limited offer discounts. Whatever it is, make sure it has phenomenal added value! At the end of the day you will have created yourself many referrals and perhaps got yourself a few more clients too.

I could mention many other ideas to create leads during the summer season, but that would make this article too long. The point I am trying to convey is that when you are creative in your ideas to market and promote your business during the summer time you can certainly increase sales. Easily. The other advantage of the above mentioned examples is that, because it is all social and relaxed, connecting and leveling with other people is easier. Of course I am not saying you should spam your business into peoples faces, but sooner or later during the conversation people will ask about what it is that you do.

Learn more rel=nofollow [http://www.2wealth-2freedom.com]creative marketing ideas for summer, how to create leads during the summer season and read more about all the other marketing methods and strategies that you can use right away to skyrocket your business to massive online profits, during any season, rain or shine!

Mike Heesen is a home business owner that is, just like you, earning a living to support his family, pay for the mortgage or rent, utilities, needs and other desires. He is a member of the world's largest online mentoring and marketing program. His main activities are helping and showing people how to learn and master the power and potential of the internet to create financial freedom. Over the last year, Mike and his team have made significant marks on the internet. You can be part of his team too. Learn effective online marketing! Go now to [http://2wealth-2freedom.com]http://2wealth-2freedom.com.

Article Source: [http://EzineArticles.com/?Creative-Marketing-Ideas-For-Summer---3-Ways-to-Cre...] Creative Marketing Ideas For Summer - 3 Ways to Create Leads During the Summer Season

Filed under  //   Of course   creative   marketing   season   summer   summer time  

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Seven Ways to Profit Growing Medicinal Herbs

Medicinal herbs are steadily gaining in popularity. As people adopt a more natural and healthy lifestyle, medicinal herbs are used more and more, and the demand for them is growing. Here are seven of the more popular medicinal herbs that could be a profitable addition to a herb growing business.

1.Calendula

Calendula's popularity dates back to King Henry VII of England who loved colored food. Calendula was used to season his meals. It also has many other benefits. In particular it is good for digestive health as well as for skin preparations. It can be made into a foot soak or bath herb. To get the most medicinal potency out of it, grow a variety with a high resin content, such as "Resina" found at Johnny's Seeds, a popular online source for medicinal herbs. Calendula is one of the easiest medicinal herbs to grow.

2. Lavender

Lavender has so many uses it's been called the "Swiss army knife" of herbs. In addition to the powerful fragrance (the essential oil in lavender is one of the top-ten most used in the fragrance industry), it has many medicinal values as well. These include women and children's health, skin care, nervous system conditions, and pain relief.

3. Marsh mallow

This versatile herb is useful for coughs or bronchitis. It can also help the digestive tract and various skin conditions. Turn it into a marsh mallow tea and you have something tasty and healthy for cold and flu season.

4. Catnip

You've probably heard of this one. It's primarily used as a stimulant on cats, but it can also be a soothing sedative for humans. It can also bring about pain and stress relief as well as helping with cold and flu symptoms. Something you might want to consider is making "cat-er-pillows." It's just like it sounds: a pillow filled with catnip. These popular items are very easy to put together. It's simply a mini-pillow made from fabric scraps. You throw in dried catnip, sew it shut, and you're done. These can be sold at street fairs, stores, church fundraisers, and more, and are proven sellers.

5. Lemon Verbena

Lemon verbena makes a delicious tea. It is used for digestive benefits as well as a calming and sleep aid. To get the most benefit, harvest the leaves right before you use them. In fact, lemon verbena is best propagated from softwood stem cuttings rather than from the seeds. Also, be sure to provide protection during the cold weather, as it is a tender plant.

6. St John's wort

You've probably heard of this one and might even know someone who swears by it. In addition to its popular usage as a mood-altering herb, it can serve as skin treatment, provide immune support, and provide prevention during cold and flu season. Be sure to wait until it's fully matured before harvest so you can get the maximum benefits of this popular herb.

7. Chamomile

Mmm, chamomile can make for a soothing tea. Like many other medicinal herbs, it has great digestive benefits. It can also be a calming and sleep aid. You'll want to grow the German variety as this will produce harvestable flowers in just over two months. The best time to grow them is early in the season as it tends to bolt in the hot summer.

These are just some of the profitable medicinal herbs available. Grow and sell these favorites and you'll be on your way to growing profits in the herbs business. To learn more about the business of medicinal herb growing. read Growing Herbs for Profit, available at: rel=nofollow http://extraincomebulletin.com

Craig Wallin is the author of twelve best-selling books about home-based businesses you can start for just a few hundred dollars, and the editor of EXTRA INCOME BULLETIN, an online resource about honest businesses you can start on a shoestring. To learn more, visit: http://extraincomebulletin.com

Article Source: [http://EzineArticles.com/?Seven-Ways-to-Profit-Growing-Medicinal-Herbs&id=428...] Seven Ways to Profit Growing Medicinal Herbs

Filed under  //   as well as   grow   lavender   lemon   popular   season   skin   tasty   used   used to  

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Opportunity

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