Why You Should Focus On Only One Business Model at a Time

Too many people make the mistake of getting involved with too many different business models on the internet. Yes, there are many in which you can succeed with, but you extremely limit your ability to succeed with any of them if you spread yourself too thin. Here are a few reasons why it is important to focus on only one at a time.

First of all and as I mentioned above, spreading yourself thin with too many websites means that you aren’t giving enough attention to any of them to be able to make an ample amount of money. Succeeding with an online business often means you have to promote it in mass and in order to do that, you have to devote time and action to it every day. If you have 20 websites to focus on, there is a good chance that you probably aren’t going to be able to do something every day for every website.

Even if you think you have the time and ability to take on a massive task like promoting many websites at once, all of the stress and work will eventually catch up to you. When you start really seeing the amount of work that is required for each one, it becomes easy to get overwhelmed and experience a good amount of procrastination. Procrastination often arrives after you realize the vast amount of work that needs to be done and that the small daily tasks seem trivial in comparison to the overall goal.

Most successful internet marketers will tell you the same thing. Make sure to focus on one thing at a time. Not only will this give you the best chance to succeed but once you do start making money with it, you can then take that money and start outsourcing the tasks that need to be done. This will give you the opportunity to automate one business model and then move on to succeeding with another.

You see, in that regard it is certainly possible to make money using a few different business models and websites as long as you are making enough to automate one before you move on to another. Over time and with enough work, you could be making quite a lot of passive residual income from many sources. This is always good because it is never wise to put all of your eggs in one basket. Find a business model that uses your strengths and focus solely on it until you can afford to automate it.

Saving America, One Business at a Time

Sounds a bit presumptuous, isn’t it? But I believe it. I see what our strategies can do and I say, yes, we can save America… one business at a time.

Think about it. Even a very small business doing $500 thousand to 1 million dollars annually, with 6 – 10 employees has enormous impact in its surroundings. We can and do make a huge difference, one business at a time. We can save America, because America is based on small business enterprise. That’s a fact.

That small half million to a million dollar business pays at least $250,000 in payroll, which feeds a half dozen families, pays rent or mortgages for a half dozen families and they spend their money in their local community. It has been figured that every payroll dollar is multiplied by 7 in its effect on the local economy…thus $250,000 computes out to $1,750,000 in spending.

Then there is the rest of the budget, the remaining $750,000, buying goods and services, having a multiplier effect of another $5 million.

Of course there is the flip side, what happens when that business fails and the 6 jobs are lost? What happens to the families? Do they lose their home? Maybe. Do they lose their cars? Maybe. What happens to the children? The stories are not pleasant. What happens when the family loses their home? Not a pretty picture.

So given that our strategies keep people in business and strip off the debt as well as reduce the personal guaranties to affordable losses, if we can do hundreds of businesses a year, and we are, and if we grow to a thousand businesses a year and then many thousands… we can turn the tide and save America, one business at a time.

We may not be able to save everyone. There are and will be casualties. We may not be able to turn this deep recession around, single handed. But for each business we save, the recession has ended for that business owner and his employees and many of the small business owners around him that rely and depend on it buying goods and services and his employees also shopping in the community.

Yes we can save America, one business at a time. This may be the only way we can make a difference, as clearly all the money thrown at all the banks and insurance companies and auto companies has not made much of a difference for small business owners at all. In fact it has made things worse. But each business we save makes a huge impact and difference for the people involved and touched by this business.

Yes, we can save America, or at least little pieces of it, meaningful pieces…one business at a time. Call us; we will arrange a no obligation teleconference for us to discuss your options. Be part of the winning wave.

Is a Capital One Business Credit Card Right For You

When securing the right kind of financing, both start up and ongoing, you want your business to be one that becomes and remains successful. Oftentimes, start up funding is achieved by seeking bank loans or funding from venture capitalists. However, once that initial funding has dried up, relying on small business credit cards to get you and your company through lean times can help you make large capital purchases when the need arises. Besides providing timely infusions of purchasing power, the Capital One Business Credit Card may have numerous other benefits that entrepreneurs can use to their advantage.

Key Advantages of the Capital One Business Credit Card

  • Itemized Monthly Statements (paper summaries/online summaries)
  • Easier to keep business and personal expenses separated
  • Rewards for using your Capital One Business Credit Card
  • No need to carry cash, balance or write checks
  • Gives an added security to your business

There are a number of factors you want to consider when determining if a Capital One Business Card is right for you.

Things to consider when choosing a Capital One Business Credit Card

  • Introductory Annual Percentage Rate (Intro APR) i.e. 0% on purchases; balance transfers
  • Into APR Period (How long does it last? i.e. until February 2010)
  • Regular APR (i.e. as low as 13.24%)
  • Annual Fee (i.e. free for the first year; $39 annual each year thereafter)
  • Balance Transfers (yes or no; what is the percentage on the balance transfers; i.e. 3%; is there a limit on balance transfers annually? i.e. 1-3 balance transfers annually)
  • Credit needed to obtain the card (Fair, Good, Excellent)

Most business owners are concerned with what rewards is available when searching for those cards. Does it offer one or more of the following:

Reward features and bonuses

  • 1% cash back
  • 25% annual cash back
  • bonuses on cash earnings such as airline travel, gas purchases; points accumulated from purchases on items such as:

    1. Building and hardware
    2. Computers and Electronics
    3. Office Supplies and Furniture
    4. Advertising and Shipping

Things to remember when choosing a Capital One Business Credit Card

  • Always remember to read all of the fine print
  • Compare cards; not all have the same benefits
  • Choose wisely; pick the best that is most suitable for your business need (may take some careful evaluation of your business expenses)

All of these are the key factors that you should be concerned with when you choose to apply for it. As you can see having a Capital One Business Credit Card is very beneficial to your business.