Book Notes: Making Money from Home: How to Run a Successful Home-Based Business by Donna Partow

[AN: All notes are taken verbatim from the book. I claim no rights to them.]

 

Making Money from Home: How to Run a Successful Home-Based Business

by Donna Partow

  1. Creating a Brain-Nourishing Environment (42-45)
    1. Remember, the factory of the information age is the human mind.
    2. The best ideas start with a passion to solve a specific problem or to find an answer to a burning question.
    3. If you want to generate great ideas, “ready, fire, aim” should be your motto.
    4. Newspapers, magazines, and books are filled with idea fodder.
    5. Most ideas come when you’re not trying to hard.
    6. Break mental blocks.
    7. Whether you have a fleeting notion or a product concept you just can’t shake, you’ll never know whether or not it’s a good idea or a fluke…until you put it out for all the world to see.
    8. Don’t re-create the same dull, stark environment that has stifled corporate creativity for years.
  2. Top 10 Idea-Generating Moments (44)
    1. Sitting on the toilet
    2. Showering or shaving
    3. Commuting to work
    4. Falling asleep or waking up
    5. In a boring meeting
    6. Readingat leisure
    7. Exercising
    8. Waking in the middle of the night
    9. Listening to a church sermon
    10. Performing manual labor
  3. If you hope to succeed in a home business, you must become the kind of person who walks, talks, eats, and breathes the subject around which you’re building the business. (68)
  4. Top 10 Ways to Conquer Time Wasters (155-157)
    1. Have a daily quiet time
    2. Learn to say no
    3. Avoid perfectionism
    4. Remember Parkinson’s Law (Work expands to fill the time available for its completion)
    5. Stop procrastinating
    6. Stop Stewing
    7. Stop shuffling papers
    8. Tame the telephone and television
    9. Schedule shopping trips for off-peak hours and seasons
    10. Make the most of your waiting time
  5. 5 Bonus Time-Management Tips
    1. Set annual and lifetime goals
    2. Establish checkpoints
    3. Carry a daily planner
    4. Develop good habits
    5. Apply the 80/20 rule (20% of your clients = 80% of your business)
  6. Link up your blog with search engines:
    1. Google (www.google.com/addurl.html)
    2. Yahoo (http://siteexplorer.search.yahoo.com/submit)
    3. Open Directory (www.dmoz.org/add.html )
  7. EzineArticles (http://ezinearticles.com/) (203-4)
    1. You can post your article and system notifies publishers
    2. GoArticles (www.goarticles.com)
    3. Web Source (www.web-source.net)
    4. Article Alley (www.articlealley.com)
    5. Buzzle.com (www.buzzle.com)
    6. SubmitYOURArticle.com (www.submiteyourarticle.com)
  8. Elements of an Effective ResourceBox(204)
    1. Your name
    2. Your business name
    3. Your micorbio—why you are qualified to write the article, and why the reader should look to your for further info
    4. Your full URL
    5. A free offer
  9. Top 10 Article-Marketing Tips (205)
    1. Research your subject an hour a day to stay current
    2. Write 20 headlines for every potential article
    3. Write short, pithy, power-packed articles with lots of bullets
    4. Share valuable info and resources in every article
    5. Register at 5+ article directory sites
    6. Post at least 1 article a week
    7. Post your articles on Twitter, Facebook, and other social networking sites
    8. Include links to other related articles you’ve written within each article
    9. Make sure your resource box is as effective as possible
    10. Recycle your articles into information products
  10. How to Price a Product
    1. Decide the Minimum wage you’re willing to work for __________
    2. Determine the amount of time invested in each product __________
    3. Calculate your material costs _______
    4. The minimum price you need to charge is AxB+C
    5. Evaluate the market, Can you get that price?  If not, don’t lower your price. Choose another product.

1 Comment (+add yours?)

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