1.Do-It-Yourself business
Most of the case, DIY reduce costs. If you can provide products and services that allow people to DIY something, such as creating your own home cleaning products, you are on a roll.
2. Energy saving business
This idea is definitely hot in the past few years, and in 2009 the emphasis on energy cost-cutting regimes will push any energy saving businesses even further. Producing or distributing LED lightings will be the right business this year.
3. Online business
Ah, my favourite small business idea. The wonder of the Internet is this: For as low as $50 (a domain name + affordable web hosting fee) or even for free, you can start a lucrative online business and shoot for a chance to create a six figure business before this 2009 ends! Of course, one key factor: your competitiveness in a low-cost, high-competition market.
4.Baby boomer-related business
The highlight of the year: Baby boomers are retiring from the workforce, creating a mega-problem to the economy - thanks to the flawed MediCare, Social Security and retirement funds. Creating a business that act as a safety-net for those baby boomers will boom your business sky-high. One example of such business is entrepreneurship training business for baby boomers.
5.Cheap and/or recycled product business
“Turning trash into cash” type of business is very, very lucrative this year. With the increase in material and production costs, making use of ‘useless’ materials and create something out of them will proved to be a thriving business. One example: Creating Converse-like canvass shoes out of wastes - the scrapbooking style.
6.Home based business
The best cost-cutting innovation of all - work from your home! With the ever-presence of the Internet, working at home
7.Charity and philantropy
Giving as a business? Never - However, you can be a business that match recipients and givers, such as the web-based Kiva.com that match small business borrowers with lenders.
8.Outsourcing
There is a better solution in your cost cutting campaign - outsourcing. Outsourcing main benefit is leaning your company so you are more nimble and resposive to changes. The key in outsourcing is finding the right companies to outsource to. The business idea: outsourcing company that manage service buyers needs.
9. Mobile business
No longer a trend for road warriors out there, but a growing trend for new entrepreneurs who envision themselves as location independent business owners. Again, the Internet plays a major role in mobile business, as well as the more powerful and cutting-edge mobile technologies and gadgets. Your iPhone and MacBook Air will enable you to run your business wherever you are.
10. Bootstrapping and cost-cutting consultancy business
As every business owner aim to be leaner and more responsive, bootstrapping and cost-cutting consultants will have their moments this year - roles, such as energy consultants, Internet startup consultants, and similar others will enjoy substantial growth this year.
Source: www.noobpreneur.com
Kyree H. Shaw, founder/CEO
Lighthouse Consulting and Co.
http://www.thelighthouseway.com
Tuesday, October 20, 2009
"Entreprneurism" pt. 2 - Fear of Failure!
The all time number 1 reason why people do not set out to start the business they dream of or yearn to have is because of their paralyzing "fear of failure." Most people are afraid to death of having the naysayers say, "I told you it wouldn't work!" Most people are so afraid of confrontation and rejection that they never even try to achieve the goals they set for themselves. Especially,when it comes to business.
1st question: What would you do about your dreams and goals if you weren't scared?
Only you can answer that question, but if you can come up with a solid answer then you just found the first piece of the puzzle to lead you to the path of your success!
Coming soon: Pt. 3 Conquering fear!
Kyree H. Shaw, founder/CEO
Lighthouse Consulting and Co.
http://www.thelighthouseway.com
1st question: What would you do about your dreams and goals if you weren't scared?
Only you can answer that question, but if you can come up with a solid answer then you just found the first piece of the puzzle to lead you to the path of your success!
Coming soon: Pt. 3 Conquering fear!
Kyree H. Shaw, founder/CEO
Lighthouse Consulting and Co.
http://www.thelighthouseway.com
Sunday, October 18, 2009
"Entreprneurism" pt. 1 - The Real Stimulus Package!
I don't know about you but the news about the DOW breaking 10,000 had me a little excited at first! I thought, "wow, the economy is starting to look up and this bleek situation we are in will soon come to a head and will begin to turn around" But, my feeling was short lived because the very next news segment was how the unemployment rate is still rising (close to ten percent and still going) and the foreclosure rate is rising as well (1 in every 84 homes in the entire U.S. recieved a foreclosure notice this year).... That means we're still caught up with the same ol' sticky situation where the bankers capitilize and profit while the rest of us still waddle and scratch to survive while barely making it from check to check (if you still have a job). The thing that amazes me is that the country rejoiced as if progress was made and actuallly the progress that was celebrated only benefitted those who the so called recession never hit!
Which leads to my point; I'm a firm believer in the only way to get out of the rat race is to embrace some form of entrepreneurship. What does that word (entrepreneurship) mean: websters deines it as: one who organizes and assumes the risk of a business or enterprise. I believe that thinking about a skill that you possess that you could possibly profit from, focusing on that particular skill and making a decision to actually make it a reality. 9 out of 10 people think about owning and operating their own business. Whether, it's oopening a small sandwich shop with 2 employess or a large corpoartion with hundreds and hundreds of employees servicing customers across the globe, we have these dreams. So, why is that most people wont chase these dreams until they become reality? Is is that we're scared?
To be continued...
Kyree H. Shaw, founder/CEO
Lighthouse Consulting and Co.
http://www.thelighthouseway.com
Which leads to my point; I'm a firm believer in the only way to get out of the rat race is to embrace some form of entrepreneurship. What does that word (entrepreneurship) mean: websters deines it as: one who organizes and assumes the risk of a business or enterprise. I believe that thinking about a skill that you possess that you could possibly profit from, focusing on that particular skill and making a decision to actually make it a reality. 9 out of 10 people think about owning and operating their own business. Whether, it's oopening a small sandwich shop with 2 employess or a large corpoartion with hundreds and hundreds of employees servicing customers across the globe, we have these dreams. So, why is that most people wont chase these dreams until they become reality? Is is that we're scared?
To be continued...
Kyree H. Shaw, founder/CEO
Lighthouse Consulting and Co.
http://www.thelighthouseway.com
Sunday, March 22, 2009
48 Days of the 48 Laws of Power - 3rd Law
3rd Law:
CONCEAL YOUR INTENTIONS
"Keep people off-balance and in the dark by never revealing the purpose behind your actions. If they have no clue what you are up to, they cannot prepare a defense. Guide them far enough down the wrong path, envelope them in enough smoke, and by the time they realize your intentions, it will be too late."
For Laws 1 and 2 check out my blog: http://www.thecashandassetreport.blogspot.com
Kyree H. Shaw, Editor
http://www.thecashandassetreport.ning.com
CONCEAL YOUR INTENTIONS
"Keep people off-balance and in the dark by never revealing the purpose behind your actions. If they have no clue what you are up to, they cannot prepare a defense. Guide them far enough down the wrong path, envelope them in enough smoke, and by the time they realize your intentions, it will be too late."
For Laws 1 and 2 check out my blog: http://www.thecashandassetreport.blogspot.com
Kyree H. Shaw, Editor
http://www.thecashandassetreport.ning.com
Friday, March 20, 2009
48 days of the 48 Laws of Power - 2nd Law
2nd Law:
NEVER PUT TOO MUCH TRUST IN FRIENDS, LEARN HOW TO USE ENEMIES
Be wary of friends - they will betray you more quickly, for they are easily aroused to envy. They also become spoiled and tyrannical. But hire a former enemy and he will be more loyal than a friend, because he has more to prove. In fact, you have more to fear from friends than from enemies. If you have no enemies, find a way to make them.
Kyree H. Shaw, Editor
http://www.thecashandassetreport.ning.com
NEVER PUT TOO MUCH TRUST IN FRIENDS, LEARN HOW TO USE ENEMIES
Be wary of friends - they will betray you more quickly, for they are easily aroused to envy. They also become spoiled and tyrannical. But hire a former enemy and he will be more loyal than a friend, because he has more to prove. In fact, you have more to fear from friends than from enemies. If you have no enemies, find a way to make them.
Kyree H. Shaw, Editor
http://www.thecashandassetreport.ning.com
Entertainment Vs. Education
Have we become a nation of cowards? I noticed something as I browsed the current blogs vlogs I frequent throughout the week to stay updated on what's what in this world. What I noticed was somewhat disturbing, but made contemplate my own case.
So, here it is: Have you noticed that the sites, blogs, vlogs, etc. that get all the attention, the thousands of hits per day and the web viral spread are the entertainment sites, blogs and vlogs. While the sites and blogs geared toward education, financial literacy, technology and the like barely get recognition. Just take a look for yourself. A video blog of teen girls fighting average well over one million hits within a week or so and a vlog on job training or investment strategies may get a couple hundred hits within the same time span. That's heartbreaking. I like my dose of celebrity gossip every now and then. I also like some TV shows that I get enthralled in, but when do we say enough is enough and get to the education that will help us get out of debt, save some money for times such as these and make smart investments that will allow us to live comfortable lives, put ourselves in position to put our children through College, start businesses and invest in our communities. These are all essential to our growth and independence from a Government that caters to the rich and corporations who could not care less about its customers, but are more concerned with the bottom line; which is always PROFIT.
It's a fact that the top 1% of wealthy people in this country have one third of all of the wealth in this country. Close to 60% of the country are living close to or below the poverty line. They are sloppy numbers in comparison.
We have to begin to educate ourselves. We must be financially literate, possess entrepreneurial spirits, and we must yearn, want and need to be successful.
Check out the Cash and Asset Report Site: http:thecashandassetreport.ning.com
Kyree H. Shaw, Editor
http://www.thecashandassetreport.ning.com
So, here it is: Have you noticed that the sites, blogs, vlogs, etc. that get all the attention, the thousands of hits per day and the web viral spread are the entertainment sites, blogs and vlogs. While the sites and blogs geared toward education, financial literacy, technology and the like barely get recognition. Just take a look for yourself. A video blog of teen girls fighting average well over one million hits within a week or so and a vlog on job training or investment strategies may get a couple hundred hits within the same time span. That's heartbreaking. I like my dose of celebrity gossip every now and then. I also like some TV shows that I get enthralled in, but when do we say enough is enough and get to the education that will help us get out of debt, save some money for times such as these and make smart investments that will allow us to live comfortable lives, put ourselves in position to put our children through College, start businesses and invest in our communities. These are all essential to our growth and independence from a Government that caters to the rich and corporations who could not care less about its customers, but are more concerned with the bottom line; which is always PROFIT.
It's a fact that the top 1% of wealthy people in this country have one third of all of the wealth in this country. Close to 60% of the country are living close to or below the poverty line. They are sloppy numbers in comparison.
We have to begin to educate ourselves. We must be financially literate, possess entrepreneurial spirits, and we must yearn, want and need to be successful.
Check out the Cash and Asset Report Site: http:thecashandassetreport.ning.com
Kyree H. Shaw, Editor
http://www.thecashandassetreport.ning.com
Thursday, March 19, 2009
Mortgage Industry News - This Just In
This Just In:
The National Average for Mortgage Industry rates are 4.94%. A .05% drop from last weeks 5.24%. This is great for buyers and sellers in the housing market. Also, great for homeowners looking to refinance.
In other financial news:
Walmart just released that it will dispersing bonuses up to 2 Billion dollars to its hourly wage employees. - A nice spin on the bonus track major corporations have taken in the past few months! Look out AIG! Ha Ha.
Note: Walmart's not looking like a bad placed to be employed. Hmh?
Kyree H. Shaw, Editor
The Cash and Asset Report.com
The National Average for Mortgage Industry rates are 4.94%. A .05% drop from last weeks 5.24%. This is great for buyers and sellers in the housing market. Also, great for homeowners looking to refinance.
In other financial news:
Walmart just released that it will dispersing bonuses up to 2 Billion dollars to its hourly wage employees. - A nice spin on the bonus track major corporations have taken in the past few months! Look out AIG! Ha Ha.
Note: Walmart's not looking like a bad placed to be employed. Hmh?
Kyree H. Shaw, Editor
The Cash and Asset Report.com
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