Monday, September 8, 2008

Business Development Process

Business Development Process: The core standard for getting your daily household income and business funding for running a business is trading your time for money. But there is some business education coming your way for working from home and getting web site traffic that will give you the needed business cashflow to run your own web business. The impending procedure once learned will open doors to your understanding of how to generate life income and business cashflow.

Business Development Process: The core standard for getting your daily household income and business funding for running a business is trading your time for money.

But there is some business education coming your way for working from home and getting web site traffic that will give you the needed business cashflow to run your own web business.

The impending procedure once learned will open doors to your understanding of how to generate life income and business cashflow.

It is not as difficult as one might imagine to begin using this information to better their life. This information has been literally hidden in plain sight from the masses for years (like magic). In just a moment you will be shocked at what you have been missing.

There are two ways to increase your income but be mindful that both of them have caps, they are not unlimited resources. The first is putting in more hours. (24hrs/dy and 68 hrs/wk)

What most of us do to get added income from where they are employed is to get a bonus hourly rate for working after the midnight shift. Some of us even seek overtime hours and work on the weekends.

And some of us take a second or third job in addition to their regular job when our employers allow working second and third jobs.

The drawback to that is not having enough time for yourself and that you will be taxed more heavily for the added income. And lastly, you may burn yourself out due to health issues.

The second is that you can make your time more valuable and if for some reason you stop putting in your time, your income also stops. I personally favor this second option.

There are also two options to make your time more valuable. You can increase your business education and skills. When you increase either or both of them you become a candidate for pay raises and promotions that will make you a more valuable employee.

Leveraging your time is the true beginning your business development process.

It will not much matter who you are or at which station you find yourself at this point in the business development process, you just need to know you cannot get to the next step until you begin leveraging your time. In essence your time is your money.

Throughout this business development process you are always going to be trading your time for money, this is a constant in business and you cannot escape it. It is just the way it works.

Trading your time for money is not a death sentence, by no means; on the contrary it is the good news you need to know and use to grow. On that note, it is imperative that you know that in order for your business to expand you must invest in it.

As I stated earlier, building a business is a process, all the steps in the process must be understood and enacted. This article was the three-legged stool on which a good business model can sit upon.

Stay tuned for the second article in this business development process series and let us take you by the hand to the next step.

Resource: http://www.bold-moves-with-business-mentoring.com and Income For Life Secrets are your business building solution station

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