To most people an industry failure rate of 90% is staggering. It’s important to look at that statistic and understand exactly where it comes from though. It’s also important to understand the contributing elements, in order to have a realistic perspective about a person’s chance at success. The truth is that the home based business MLM vehicle has tremendous potential for wealth building, as long as you know how to make it work.Home Based Business MLM – Where do you get a 90% Failure Rate?When we look at this statistic, it’s important first to understand the definition of the term “failure”. In this case, the failure rate has been determined by the number of people who started out and didn’t make it successful. This statistic says little about the amount of time that a person has put in or effort put forward. Also, “failure” can just mean that they gave up, they quit. If you know anything about what it takes to be an entrepreneur, you know that there are plenty of opportunities to quit. And when the barrier to entry is so low (it doesn’t typically cost much to start a home based business MLM) then people find it a lot easier to quit than to do what it takes to be successful. This does NOT necessarily reflect the viability of the home based business MLM model. The truth is that it is very strong, when done correctly.Home Based Business MLM – The Critical Factors For Success or FailureWhen it comes down to it there are only a few simple elements that, if mastered, will pretty much guarantee your success. They are these:Choosing The Right Vehicle For You – There are many options to choose from out there in the world of home based business MLM. If you are smart about it, you will choose a company who you feel not only shares your values and beliefs but embodies them. You will feel as though their principles, their leadership and their character are things that you can stand behind and feel proud of. If not, you’re out of integrity and you will NOT be successful.Working With A Team – If you set out to do this on your own, you will lose. Even if you’re the most dynamic sales person the world has ever seen, and even if you have the most incredible product or service, you will lose. The fact is that this business has a learning curve, and it relies on duplication. So no matter how good you are, if you can’t teach other people to be just as good or better, you’re done. And if you don’t know how to do that, and don’t partner with a team and a community of people who does, you’re done. It’s unfortunate that there are some companies in the home based business MLM industry who promise people all the support in the world, and then once they’ve signed up leave them out on their own.The good news is that there are other companies that operate quite differently. The highest quality companies (the ones that are here to stay, displaying stable and sustainable growth) plug people into a TEAM and a COMMUNITY of people who know how to be successful and can teach you, show you, help you. Then they help your people do the same. This is how you win.Develop An Endless Stream Of Qualified Prospects – The other sad truth is that people fail because they don’t have people to talk to. For whatever reason they just don’t have the connections, or the influence, or the networking skills to bring in the numbers. The good news here is that you can learn how to leverage technology to create a virtually endless stream of qualified people to talk to, who actually WANT what you have to offer. And they will come to YOU. There are only a small percentage of people in the industry who understand how to make this last point a reality. Partner with them.The home based business MLM industry is amazing as a tool for wealth building. Follow these simple principles, and you too will win.
How Good is Online Education?
No body wants to remain uneducated in today’s world as education is considered a very important part of their lives. Education can either rise you to a certain height or cause u a downfall in the future depending on the careers you choose. Education is greatly different today in comparison to the 1950s because of advancements in teaching and other great inventions that provide easier techniques of teaching. With advancements in the today’s world a major development with education has also taken place and that is distance learning or online education.
Online education has become a widely accepted alternative to learning in the classroom. Distance education has helped students to educate themselves in a world where technology rules and fast paced lifestyles are a part of life. As the Internet is becoming increasingly popular, so does the online education gaining popularity.
There are many formats through which distant learning could be made available such as online Power Point Presentations, Videos on tapes, CD’s, DVDs, or other internet courses format that is put online. This easiest way of learning has been legalized since 1993 and is considered a new way of teaching students of all ages. Online education has been gaining popularity through out the years because of the ease of the internet. The internet has made it easier for people to stay connected and has provided people with unlimited resources on the World Wide Web. Many educators have mixed feelings about online educating because there are so many pros and cons to the issue.
Mary Kassop, an author and educationalist, gives general overview of online education and support it. He writes, Can students learn as much and as well online as they do in face to face courses? The answer to these questions is not just ‘yes,’ but one can there are many ways that online courses may actually surpass traditional face to face classes in quality and rigor”. Mrs. Kassop, as an online education supporter, is correct on the issue because it can provide a good education to many people. The convenience of online courses provide busy individuals a chance to get the equal amount of education as a student going to class and all that is needed to get started is a computer with internet access. One computer can open the gates to a whole new world of learning and excitement.
Online education now is either offered by private entities or there are many city and university colleges that offer these programs. Some Colleges and schools offer programs such as Psychology and Sociology which are equal to or even better then face to face classes. One example of a class that is better online rather than face to face is Sociology because they let the students observe human communication at public spaces without the teacher being there.
Online education could be the tool of the future to provide the young and the old with schooling and instruction. It provides a cheaper way of teaching while still giving the student the material necessary for the class. Students learn responsibility through online education and will give them a reason to work hard during the class. In general online classes will help provide many students with the education they require.
Differences in the Types of Auctions That Take Place Around the World
Auctions are those events where properties or goods are sold to the highest bidder. Auctions are mostly public events, where bidders make a series of bids and purchase a particular item for a high price. During auctions, bidders decide the price of an item rather than the seller. It depends on bidders to decide the amount they would want to pay for a specific item. During an auction, a bid is a proof of a legal binding. Bidders agree to pay the amount that they have bid. In a high profile auction, bidders may have to pay a deposit in escrow accounts or give a proof that they can pay for those items.
Types of Auctions:
Different types of auctions take place around the world. Below mentioned are some types of auctions:
1. English auction:
This is a basic type of auction. In this type, people can see the item and then start bidding. Bidders slowly raise the value of their bid until everyone gives up. The highest bidder is the winner. An auctioneer manages an auction, keeps records of the on going bid and decides the winner. Sometimes, the seller will quote a minimum amount for an item to the auctioneer, below which the auctioneer cannot sell that item.
2. Dutch auction:
In this type, the auctioneer sets a particular price and then gradually lowers the price. People in public will start bidding and later decide which prices are suitable for the item. A seller may use this type of auction to sell large quantities of same products to the public. For instance, a seller may want to sell a large amount of hay and will thus, decide to sell this hay to people for the same amount, once a reasonable price is decided.
3. Silent auction:
In this type, the bidders in public will present their bids in a sealed format. These sealed bids open at the same time and bidder with the highest bid wins. There could be a modification in this type of auction. The bidders are allotted a specific period to bid. They can roam in a room displaying the items, and write their bids on an associated sheet of paper. The bidders are allowed to see bids of other bidders and can choose a higher price for an item. At the end of the allotted time, bidder with the highest bid is the winner.
Examples of Auctions:
Auctions can be of two types either public or private. Sellers may trade any kind of items in both types of auctions. Some areas where auctions take place are:
1. Antique auction: An antique auction consists of a trade opportunity as well as provides entertainment.
2. Collectable auction: In a collectable auction, the seller may put up collectables like coins, vintage cars, luxury, stamps, real estate, and luxury for sale.
3. Wine auction: In wine auction, bidders can bid for rare wine, which may not be available in retail wine shops.
4. Horse auction: Bidders can bid for young horses of the best breed.
5. Livestock auction: In livestock auction, bidders can buy pigs, sheep, cattle, and other livestock.
The other examples of auctions may not be public. These auctions are for bidders from corporate levels. Some examples of private auctions are:
1. Timber auction
2. Spectrum auction
3. Electricity auction
4. Debit auction
5. Environmental auction
6. Auto auction
7. Electronic market auction
8. Sales of business auction
Bidders in an auction need to examine the items displayed and decide an appropriate price for an item. Thus, auctions help buyers in getting the best deals and in gaining better profits for sellers.