The past few weeks have presented nothing but bad news for the formerly world leading American automobile industry. Henry Ford must be rolling over in his tomb. Alfred Sloan, the architect of the multi-division General Motors juggernaut, is a very sad "car guy" in the sky these days. Plant closings, huge employee layoffs, lost market share and horrid fiscal performance indicate that the "big three" (including Daimler-Chrysler) are in big trouble. They must change, and change is not pleasant for huge business complexes, or for employees, suppliers or customers.
This brings to mind a change that occurred right before my eyes as a small boy growing up in Kentucky. Several times each week, a horse drawn ice wagon would pull up in front of our little house and deliver block ice. The iceman was named Herb. My mother would always pleasantly greet Herb and they would exchange small talk, how about that the Reds game last night or the nice weather we were enjoying. Herb was a hard working and very nice man. And then, one day this regular ritual in our lives abruptly ended.
My parents bought a refrigerator. The hand delivered block ice that was essential to keep the old icebox cool was no longer needed. My mother was very concerned about the effect our new wonder appliance would have on Herb. She met him in the yard and told him as gently as possible that his ice deliveries were no longer needed. Then she asked him if he would like some iced tea and to sit a minute.
As clearly as I remember anything in my youth, I remember that conversation. Herb knew the inevitable march of progress and technology; in this case a 12 cubic foot Frigidaire, meant that he was soon to be looking for another line of work. It was sad. He was very matter of fact and my mother tried to be encouraging. Over the next few months we saw Herb in the neighborhood less and less. Within six months the ice Company was out of business.
Accept Change or Get Run Over
Like the barrel industry, the bicycle industry or dozens of other formerly thriving business segments, the ice delivery service, and now the American automobile industry was forced to change business models. If change were not embraced, indeed aggressively pursued, industry subsets would be superceded by new upstarts and technologies. "The Big Three" still have an opportunity to adjust to new market realities, but they will have to be relentless in the pursuit of economies, creativity and changing cumbersome bureaucratic business cultures.
Change is short-term pain. Managers will be significantly fewer. Blue-collar workers will not earn $65,000 plus per year for unskilled labor in new jobs. Communities will undergo brisk changes in tax revenues, real estate prices and shopping patterns. College plans will be upset. Retirement dreams will be delayed, in some cases destroyed. Parts suppliers will be pressed on pricing. And yet, the future for all effected parties can, and should, be bright.
Since the Luddites in the mid-19th century attempted to stop the industrial revolution and preserve old-world work models, there have been groups trying to thwart progress. Progress requires change. Fortunately, looking in the rear view mirror is not a widely admired American trait. The parties most effected by this sea change in the American auto business have multiple opportunities to re-train, re-strategize, and start new businesses and services. With normal American drive, work and creativity our society will be blessed with a new generation of wealth creation, entrepreneurs and growth. It has always been so.
We live in a global market place. Nothing will change that. If foreign auto companies make better products at a better price we have to confront, and overcome, these market realities. Americans always have in the past, and there is no reason not to foresee a bright, but different future, for every current participant involved in the radical restructuring of our formerly great auto business.
The American economy is the most dynamic in history. Opportunity abounds and is available to every citizen willing to compete in the marketplace of ideas, work hard and not look backwards. Ford, Chrysler and GM can survive and prosper. Nevertheless, understanding and preparing for change will separate the successful from the losers, or modern day Luddites.
There are many, many, many ways by which you could earn money online. There are ways that could earn for you a lot of profit at a relatively short period of time. There are ways that would require a gestation period that would take a little more time to pay off. There are ways that would require a lot of work. There are ways that would afford you a lot of time to relax, but would be just as profitable, if not even more.
Naturally, the popular option would be those opportunities that would demand less from you but would promise more rewards. Yes, these opportunities exist, but are they the right ones for you? That remains to be seen, though by the end of these lessons, you'll be armed with everything, and I do mean EVERYTHING, you need to know to succeed in whatever online field you will decide to pursue.
The fact is, the opportunity you will choose must be complemented by your own skills, your own passion and your own interests. Loving your work would make the latter less onerous, after all, and this would result in a more fulfilling experience for you. More importantly, loving your work would make you more committed to your field, and this would result in better products and better production for you.
But before we could study your skills, we should first study the online opportunities that you could choose from. Here are some very profitable moneymaking options on the internet:
1. Telecommuting. Telecommuting is like working for your employer. The difference is that you could work from the comforts of your own home. You won't have to spend for transportation. You won't have to deal with nosy and irritating officemates. You won't have to settle for claustrophobia-inducing cubicles. Whatever the employer will ask you to do, and whatever is included in your job description, you could carry out from your own home, thanks to the wonders of modern technology. All you need, really, are a computer, a phone line, a reliable internet connection, and in certain instances, a fax machine.
2. Selling your services. Whether you're proficient with writing, graphic design, web design, programming, and the likes, you will always find some clients for what you could offer. Remember, the internet opens the way to a global market. Yes, the entire world is a well of potential clients! If you can do what they need to be done, then rest assured that you'll be in business for a long, long time.
3. Selling your own tangible products. You could sell some physical goods online. Whether they're something that you create yourself, or something that you have bought from suppliers and you wish to trade for a higher price, the internet will forever be a channel where you could peddle your goods to a worldwide market. You could sell them through your own website, or through some established auctions sites like http://www.ebay.com , where millions of dollars exchange hands every single day without fail.
4. Selling information products. I could discuss this forever, and I will never be able to convey the amazing potentials of this option. The internet is called the information superhighway for a reason. It's because information fuels the various processes online. If you have information that other people would need, then you'll be doing good - nay - great business. And the fact that information is cost-effective to create into distributable form, and the fact that information can easily be distributed through online channels, makes this very commodity the most lucrative product for an online undertaking.
5. Pay Per Click (PPC) marketing. With the advent of Google AdSense, the online world changed. Many even attribute the web's fantastic recovery from the dot com bubble burst early into the millennium to the introduction of PPC programs, led by Google's moneymaking offer. Today, a lot of webmasters create hundreds upon hundreds of websites, EACH, with all of them imbued with the PPC code that earn as much as $25,000 in earnings per month. But don't be misled by such a high end statistic, as such is quite rare and is reserved for the best and most experienced PPC veterans. $400 to $4,000 would be a more realistic goal when it comes to this opportunity.
6. Affiliate programs. Many claim that affiliate programs are the quickest and most efficient way of making a living online, and it's true. There are no enrollment expenses, and you won't have to take care of processing payments, providing technical support, and delivering the products that must be sold. All you have to do is to pre-sell an affiliate merchant's products and you'd stand to earn the most generous commissions possible, in the range of 20% to 95% per sale.
The last three options are perhaps the most profitable opportunities available for you. They, together with the other options discussed in the previous lesson, will be discussed in full details in the coming days. But most of our focus would revolve around these three opportunities, as I believe beyond the shadow of a doubt that they are the best choices towards online prominence and prosperity.
There are other options, of course, like product creation, resale rights marketing, joint ventures and the likes, but they are merely incidental to the above.
This brings to mind a change that occurred right before my eyes as a small boy growing up in Kentucky. Several times each week, a horse drawn ice wagon would pull up in front of our little house and deliver block ice. The iceman was named Herb. My mother would always pleasantly greet Herb and they would exchange small talk, how about that the Reds game last night or the nice weather we were enjoying. Herb was a hard working and very nice man. And then, one day this regular ritual in our lives abruptly ended.
My parents bought a refrigerator. The hand delivered block ice that was essential to keep the old icebox cool was no longer needed. My mother was very concerned about the effect our new wonder appliance would have on Herb. She met him in the yard and told him as gently as possible that his ice deliveries were no longer needed. Then she asked him if he would like some iced tea and to sit a minute.
As clearly as I remember anything in my youth, I remember that conversation. Herb knew the inevitable march of progress and technology; in this case a 12 cubic foot Frigidaire, meant that he was soon to be looking for another line of work. It was sad. He was very matter of fact and my mother tried to be encouraging. Over the next few months we saw Herb in the neighborhood less and less. Within six months the ice Company was out of business.
Accept Change or Get Run Over
Like the barrel industry, the bicycle industry or dozens of other formerly thriving business segments, the ice delivery service, and now the American automobile industry was forced to change business models. If change were not embraced, indeed aggressively pursued, industry subsets would be superceded by new upstarts and technologies. "The Big Three" still have an opportunity to adjust to new market realities, but they will have to be relentless in the pursuit of economies, creativity and changing cumbersome bureaucratic business cultures.
Change is short-term pain. Managers will be significantly fewer. Blue-collar workers will not earn $65,000 plus per year for unskilled labor in new jobs. Communities will undergo brisk changes in tax revenues, real estate prices and shopping patterns. College plans will be upset. Retirement dreams will be delayed, in some cases destroyed. Parts suppliers will be pressed on pricing. And yet, the future for all effected parties can, and should, be bright.
Since the Luddites in the mid-19th century attempted to stop the industrial revolution and preserve old-world work models, there have been groups trying to thwart progress. Progress requires change. Fortunately, looking in the rear view mirror is not a widely admired American trait. The parties most effected by this sea change in the American auto business have multiple opportunities to re-train, re-strategize, and start new businesses and services. With normal American drive, work and creativity our society will be blessed with a new generation of wealth creation, entrepreneurs and growth. It has always been so.
We live in a global market place. Nothing will change that. If foreign auto companies make better products at a better price we have to confront, and overcome, these market realities. Americans always have in the past, and there is no reason not to foresee a bright, but different future, for every current participant involved in the radical restructuring of our formerly great auto business.
The American economy is the most dynamic in history. Opportunity abounds and is available to every citizen willing to compete in the marketplace of ideas, work hard and not look backwards. Ford, Chrysler and GM can survive and prosper. Nevertheless, understanding and preparing for change will separate the successful from the losers, or modern day Luddites.
There are many, many, many ways by which you could earn money online. There are ways that could earn for you a lot of profit at a relatively short period of time. There are ways that would require a gestation period that would take a little more time to pay off. There are ways that would require a lot of work. There are ways that would afford you a lot of time to relax, but would be just as profitable, if not even more.
Naturally, the popular option would be those opportunities that would demand less from you but would promise more rewards. Yes, these opportunities exist, but are they the right ones for you? That remains to be seen, though by the end of these lessons, you'll be armed with everything, and I do mean EVERYTHING, you need to know to succeed in whatever online field you will decide to pursue.
But before we could study your skills, we should first study the online opportunities that you could choose from. Here are some very profitable moneymaking options on the internet:
1. Telecommuting. Telecommuting is like working for your employer. The difference is that you could work from the comforts of your own home. You won't have to spend for transportation. You won't have to deal with nosy and irritating officemates. You won't have to settle for claustrophobia-inducing cubicles. Whatever the employer will ask you to do, and whatever is included in your job description, you could carry out from your own home, thanks to the wonders of modern technology. All you need, really, are a computer, a phone line, a reliable internet connection, and in certain instances, a fax machine.
2. Selling your services. Whether you're proficient with writing, graphic design, web design, programming, and the likes, you will always find some clients for what you could offer. Remember, the internet opens the way to a global market. Yes, the entire world is a well of potential clients! If you can do what they need to be done, then rest assured that you'll be in business for a long, long time.
3. Selling your own tangible products. You could sell some physical goods online. Whether they're something that you create yourself, or something that you have bought from suppliers and you wish to trade for a higher price, the internet will forever be a channel where you could peddle your goods to a worldwide market. You could sell them through your own website, or through some established auctions sites like http://www.ebay.com , where millions of dollars exchange hands every single day without fail.
4. Selling information products. I could discuss this forever, and I will never be able to convey the amazing potentials of this option. The internet is called the information superhighway for a reason. It's because information fuels the various processes online. If you have information that other people would need, then you'll be doing good - nay - great business. And the fact that information is cost-effective to create into distributable form, and the fact that information can easily be distributed through online channels, makes this very commodity the most lucrative product for an online undertaking.
5. Pay Per Click (PPC) marketing. With the advent of Google AdSense, the online world changed. Many even attribute the web's fantastic recovery from the dot com bubble burst early into the millennium to the introduction of PPC programs, led by Google's moneymaking offer. Today, a lot of webmasters create hundreds upon hundreds of websites, EACH, with all of them imbued with the PPC code that earn as much as $25,000 in earnings per month. But don't be misled by such a high end statistic, as such is quite rare and is reserved for the best and most experienced PPC veterans. $400 to $4,000 would be a more realistic goal when it comes to this opportunity.
6. Affiliate programs. Many claim that affiliate programs are the quickest and most efficient way of making a living online, and it's true. There are no enrollment expenses, and you won't have to take care of processing payments, providing technical support, and delivering the products that must be sold. All you have to do is to pre-sell an affiliate merchant's products and you'd stand to earn the most generous commissions possible, in the range of 20% to 95% per sale.
The last three options are perhaps the most profitable opportunities available for you. They, together with the other options discussed in the previous lesson, will be discussed in full details in the coming days. But most of our focus would revolve around these three opportunities, as I believe beyond the shadow of a doubt that they are the best choices towards online prominence and prosperity.
There are other options, of course, like product creation, resale rights marketing, joint ventures and the likes, but they are merely incidental to the above.
