Certified Blogaholic

Isn’t it surprising that during an economic crisis, the big businesses fall first while the small ones survive? We sometimes wonder how it happens when we know that it’s the big ones who have more resources and more opportunities. Isn’t there a saying that says, “the bigger you are, the harder you fall?” Maybe more doesn’t always win. Sometimes, less survives.

I have heard so many success stories. But there are those that make my mouth gape open when I hear about them. One of them is the story of a cheap cologne manufacturer who made millions selling his products for $3 per 100ml bottle. Not only did the owner make enough to own a grand house for his family, but he was able to buy a dream vacation beach house. I can only scratch my head to contemplate how he made it. How did he? He filled a need that cost very little. We all want to smell good, especially after working out or playing sports. Would you put on an expensive perfume after an activity or a shower just to go home? And what about those who can’t afford branded perfumes or colognes? What also set his business apart from competition is that he established his business in a small stall inside a mall. Why would he put his product inside a grocery or drugstore and have consumers compare it to others? People walking past the stall readily sees his product and at $3 per bottle, it was a no brainer. Voila, he has volume sales in hundreds of thousands per month.

Looking at large companies as our models would be looking too far ahead. Aiming to be the next Calvin Klein is a goal that may be too tall for us regular folks. Start a business that only requires small capital but caters to majority of the market. At the moment, majority means budget-conscious consumers worrying about the economic crisis. If you are thinking of a business idea, a good question would be, “what do most people need and how much would they pay for it without reservations?” Remember that a profit of 50 cents per item may seem small, but if you multiply this by millions, it is bigger than what you can imagine. Maybe we don’t have to think big to make it big. Sometimes, thinking small just might work.

Finance 101 doesn’t have to be difficult. Most people believe that cash management is limited to investment experts or accountants. Cash management need not be limited to just keeping tabs on your expenses, monitoring budget, and keeping your checking account balanced. Managing cash is not only for people with substantial income or corporations. It can be applied to a normal household income as well.

Cash management is simply maximizing the income potential of your funds by making a schedule of regular and estimated expenses and matching these with your investment terms. Like any corporation, we can make a simple cash management structure at home. The first step is determining how much you spend on a regular basis, maintaining cash for emergencies, and setting up a portion of your regular income that will be placed in either short term or long term investments. These way you make more investment income from your funds. Read the rest of this entry »

As I mentioned in my previous post, blogging has now become an opportunity for many internet junkies to make money. I started late but I am trying to catch up. Good thing there are a new sites coming out that offer opportunities for bloggers like me. With the leading site already clogged with bloggers grabbing at limited opportunities, new sites give new bloggers a chance to show their mettle.

Bloggerwave is a new addition to the industry that is certainly making headway. I recently applied and got my blog approved. This is now my chance to prove myself. Bloggerwave is based in Europe and focuses on giving advertisers quality promotions from quality blogs. They have improved their service with efficient servers and developed a system that will benefit both advertisers and their bloggers. Hopefully, there will be more opportunities here than in other paid to blog sites.

With so many get paid to blog services in the net, bloggerwave is one of the few that is sure give the rest a run for their money.