Guys today I received an email from IMC Insider and they talked about The 5 Ways To Accelerate Your Earnings During An Economic Slowdown. Interesting right!

Let me ask you one question: Are you being effected by the economic slowdown? Here in Malaysia, the situation still manageable but the side effects already starting to surface like the rising of goods, cost of living getting higher, etc.

These days, the TV news shows are full of them….. “Doom and gloom” stories about the current economic slowdown, sparked by the mortgage mess in the U.S.

Now, I don’t mean to make light of a serious situation. I know that a lot of very big companies have been caught with their pants down, so to speak.

And I know that many good, honest folk have lost a lot of money — or even their jobs — as a result of the current crisis, through absolutely no fault of their own.

But that DOESN’T mean you should hide your head in the sand and wait for “the good times to roll” again before you embark on a new business venture!

The truth is, NOW is the best time to grow your business! by learning the business from Internet Millionaires Mastermind (if you are Malaysian) but if you are from the US get your learning process here.

Businesses that are launched in hard times are better equipped to survive than the ones that grow bloated and fat during times of surplus spending.

But in order to thrive during an economic slowdown, you need to know how to do things the smart way, and not waste money you don’t have on strategies that won’t work.

Today I’d like to share with you 5 cheap and easy ways to grow your business.

By implementing these strategies, you’ll be able to acquire new leads, strengthen your relationship with existing customers, AND add new streams of income to your business.

… And all that mean MORE money in your bank account!

Without further ado, here they are:

Business Turbo-charger #1:
Generate passive income with a niche site

If you’re looking for an extra source of income, this one’s for you!

A niche-centered Internet business is the best way to profit from a downturn… Because the cost of entry is lower than any other business and the upside is enormous.

On top of that, an Internet business is very forgiving. You never have to “bet the farm” on an Internet idea. If something isn’t working, you’ll find out right away and you can either fix it or move on to something better.

(Just be sure to take the time and do the necessary research to prove the niche is actually a profitable one!)

Business Turbo-charger #2:
Join affiliate programs that align with your current business model

This is the fastest and easiest way to add a new stream of income to your business, guaranteed.

Your existing customers are three times as likely to buy something from you as a stranger who has no experience with your products. So how do you get these people to buy from you again if you only have one product?

Simple — you offer them an affiliate product!

Next you need to find an affiliate program that offers such products, and add them to the “back end” of your site.

… Then simply email your list special offers for these products — and mention them on your site, in your newsletter, and your blog… and watch the extra orders come rushing in!

Business Turbo-charger #3:
Start a blog to strengthen your relationship with your customers

In turbulent times, the cream rises to the top.

… In other words, the ones who are truly successful will go the extra mile to build a strong relationship with their customers and prove that they’re a rock-solid business that always has their customers’ best interests in mind.

And starting a blog is a GREAT way to do this!

A blog helps you personalize your business, and allows your customers to get a glimpse of the people behind the website. This goes a LONG way to reassuring wary online shoppers that you’re someone they want to do business with!

Not only that… search engines absolutely LOVE the fresh and frequently updated content of a blog — which means you’ll get a great boost in the search engine rankings and drive more qualified visitors to your site!

Business Turbo-charger #4:
Widen your circle of potential partners by joining a social business network

If you’re searching for new income opportunities, a great place to look is a popular social business networking site, such as LinkedIn.

LinkedIn has more than 19 million registered members — all of whom are professional business people who are interested in meeting other people whose business interests are similar to their own.

… When it comes to looking for joint venture opportunities, new business partners, or people who are looking to buy your product or hire your services, LinkedIn is a virtual gold mine!

(Plus, it’s a great place to get professional feedback and free business advice!)

Business Turbo-charger #5:
Write helpful articles to boost your reputation and credibility

A great way to spread word about your business and boost your reputation as an “industry expert“ is to write free articles on topics related to your industry and then submit them to the ‘Net’s top article directories.

The benefits of doing this are twofold…

1) Your audience will become more familiar with your name, and will be far more likely to buy your products

2) The links you’ll get from the article directories pointing back to your site will give you a nice boost in your search engine rankings.

… The bottom line is, every little thing counts. In times like this, you have to do what you can to separate yourself from the pack and make yourself stand out from your competitors.

And you have to keep your eyes open for every opportunity to add a new stream of income to your business.

That’s ESPECIALLY important during an economic slowdown — because even if one of your income streams dries up, your business will continue to thrive.

With an Internet business, you never have to get locked into a losing proposition.

As long as you build your business on a solid niche, and are always looking for ways to diversify your income streams, you’ll always be able to keep your head afloat… even when others around you are drowning.

So keep your chin up — and don’t give up on your dreams!

Remember, optimism is the best antidote to any downturn.

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Guys, today is the special event for IMC a.k.a Internet Millionaires Club. It is the first Malaysian Internet Millionaires Club. Unfortunately I could not attend the event, even though I am the IMC Silver member. This is simply due to a family gathering. Well, I have a working etiquette, which during the weekend is a family affairs (since I quite tight up during the weekdays).

What is IMC? It is a group of people who have been doing online businesses for few years, are sharing their experiences so that we will not fall to the traps that they have been before.

Join The Internet Millionaires Club For FREE Now And Start Making Money Online The Right Way…

Interesting right? Hold a second !. . . . (I am drinking my coffee). Let’s resume.

There a lot of people in Malaysia who claim to be Internet gurus. They claim they know how to make a lot of money on the Internet, in a very short time. They claim they have a few million subscribers and they do no work at all yet earn thousands. They promise you the moon and the stars…

But friend…are they for real? are they telling the truth? are they genuine? Who are they? Do you really need to trust them and lose all your hard-earned money?

IMC will tell you all about them. One of the best ways to grow your Internet business fast is to meet and learn from other successful business owners. Here’s the only problem: How do you get them all in one place?

Here is how? Join The Internet Millionaires Club (Free) or Join The Internet Millionaires Club (Silver) to become an Internet Millionaires Mastermind.

Always remember this banner or logo,

Of course we are doing to our Malaysian way, “Malaysia Boleh”

 

 

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I will not say much. Read the title, look at this ebook, and view the video and then get the report to find out more.

 

 

Only
When Video Is Done,

click here

Note from: Ellie Drake and Mike Filsaime

PS - Remember to tell everyone you know about this report. Even though we are not selling anything, or even charging to get access to this report, You can still earn up to $2500 just by telling your all the people you know.

And you earn cash referral bonuses for all the people you share this report with, on 2 Tiers with with your unique URL tracking link we give you in the members area.

What can you do with this money? Well, since it is real cash you earn, you can do anything you want with it like using it for the holiday season, saving it for a rainy day, putting it back into your business, or heck… you can even donate it to your favorite charity. Login to the members area to get started sharing this report after you comment on it below.

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Attention, Friends, Readers, Publishers and Bloggers!

When you sign-up with WidgetBucks, you’ll automatically receive a $25 bonus into your account to get the ball rolling. This means you are half way to your first payout with WidgetBucks.

With WidgetBucks’ Referral program, you could earn a 10 percent referral fee based on the commissions earned by the people you refer. You will receive this 10 percent for the full 12 months after the new member joins. Payouts to affiliates are monthly, along with their commission checks. Sign up today and you will get $25 bonus immediately.

  Get in here 

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After 5 days at home with my family for Eidul Fitri, today I am at work. What a lazy day for me because not many people in the office. Even my customers are still not at work. So I am thinking of packing my bag and my notebook at hit home at 1:00 pm today.

That is live. Moreover I am on my own business. Manage to get few things done this morning and nothing much I could do now. Am getting bored and makes me to go home early today. That is conventional business. But for my online business, it is no change…that is the beauty of having an online business.

I did tell more about this here:

http://www.mysimpleonlinebusiness.com/blog/business/potential-of-online-business

http://myroslimh.blogspot.com/2007/10/secret-to-online-home-base-business.html

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The job market took a serious and unexpected turn for the worse last month in the US, raising the risk of a recession and putting added pressure on the Federal Reserve to move more aggressively to keep the ailing housing industry from infecting the rest of the economy.

The US Labor Department reported yesterday that 4,000 jobs were lost from July to August, and the deepest cuts were in industries that are connected to the housing market, like construction and manufacturing. It was the first employment decline since 2003, when the job market was still struggling to emerge from the slump after the 2001 recession.

The jobs report all but guarantees that the Fed will cut its benchmark short-term interest rate when its policy-making committee meets on Sept. 18. A quarter-point reduction, to 5 percent, remains the most likely move, although a half-point cut now cannot be ruled out, economists said.

The unexpected weakness in employment changed the terms of the debate over the health of the economy. Before the report was released, most economists were predicting that the economy had added about 100,000 jobs in August and that growth had slowed but continued.

But now, the odds of a recession in the next year have risen, to 25 to 50 percent, economists interviewed yesterday said. A recession is typically defined as an extended period in which the economy shrinks, leading to a rise in unemployment and a drop in consumer spending and business investment.

“People need to start thinking about the housing market not just as some ring-fence problem which is off on its own,” said Nigel Gault, chief United States economist at Global Insight, an economic research firm in Lexington, Mass. “They need to start worrying about the health of the broader economy.”

Housing has been a key engine of the U.S. economy in recent years. Now that the housing market has slowed, will the economy sputter to a stop?

That issue is sharply dividing economists, because no one is sure what impact the slowdown in housing will have on consumers, and thus the broad economy. The difference of opinion is leading to an enormous amount of uncertainty heading into the new year, with some economists predicting a recession and others forecasting continued growth.

Let’s start with the outlook for housing market in the US. This week they showed the housing data for October. Permits and actual starts were down 28% and 27.4% (respectively) from one year ago. New home sales fell for the first time in three months, down 3.2% from the previous month, which the first chart below clearly shows. Anecdotal evidence suggests that November will be even worse.

Homebuilder Toll Brothers said the current slump in residential construction is unlike any it has seen in 40 years as it became the latest to warn of a glut in new homes for sale and a slowdown in the closely watched real estate market. The builder of luxury homes also reported weaker than expected preliminary results for the just completed quarter and cut its outlook for the homes it will sell in the current period.

The slowdown “is the first downturn in the forty years since we entered the business that was not precipitated by high interest rates, a weak economy, job losses or other macroeconomic factors,” Toll said in his statement.

View this movie, Market & Economy.

And the impact of the bursting of the bubble will affect every household in America, not just the few people who owned significant shares in technology companies during the dot-com boom, he said. Prices are falling even in the Midwest, which never experienced a bubble, “a scary signal” of how much pain the drop in household wealth could cause.

What Roubini is a professor of economics at New York University and was a senior economist in the White House and the Treasury Department in the late 1990s has to say about this. His firm focuses largely on global macroeconomics.

Writing on his blog Wednesday, Roubini repeated his call that the U.S. would be in recession in 2007, arguing that the collapse of housing would bring down the rest of the economy. Read more.

While many economists share Roubini’s concerns about imbalances in the global economy and in the U.S. housing sector, he stands nearly alone in predicting a recession next year.

So what do you think about this. Will by end of 2007, the US and the whole world will be in recession? Some said this time going to be worst than the one in 2001!

Infos from:

http://www.usatoday.com/

http://www.marketwatch.com/News/Story/

http://www.marketwatch.com/

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It is reported on ABC News recently that whether you’re looking to contribute to your family’s finances or earn some cash to cover special or unexpected expenses, many people want more ways to make money at home. Only you can decide if an opportunity is good for you. Sometimes the best way to land a home-based job is by calling someone you’d like to work for and offering your services. In other words, join people whom you trusted. And with the power of internet have make a home based business to the next level.

Why? In Paul Zane Pilzer’s “The Next Millionaires”, noted economist, explains how and why the home based industry will produce 10 Million New Millionaires Over The Next 10 Years. That’s a pretty shocking prediction when you figure there are now “only” 8.9 million millionaires in the United States and it took the States 229 years to get that many.

But Paul Zane Pilzer’s past predictions have proven to be amazingly accurate. And with more and more people driven to earn extra money from home, you’re sitting on a virtual gold mine waiting to be explored. The world is changing for quite some time. Most people have been unaware of these changes, the Economic changes, the Political changes, the Societal changes, the Legal changes, the Business changes, the Marketing changes, and many more to detail it here.But the bottom line is this …

Now Is The Best Time Ever
To Be A Network Marketer

Why? Because of all these changes, today there are more and more people looking for a way to …

* Make a living
* Clear off debt
* Send children to good college
* Happier and healthier lives
* Generate time freedom
* Retire with dignity and not fear of what to happen

And here’s the best part. You have what it takes to help them achieve their dreams … and in the process, you can fulfill your own dreams. This the concept and the trend of today’s networking industry.

The network marketing industry is currently positioned for growth at a super duper fast speed =) to achieve the target in the next 10 years. Paul Zane made this prediction in the year 2006 so the 10th year is on 2016. So from today it is only the next 9 years! This is excerpt from his website, “The Next Millionaires explains in detail why the 21st century will be known as the age of the entrepreneur, and how you can stake your claim to being one of these next 10 million millionaires–especially if you are in direct selling, technology, home-based business, product distribution, or an emerging trillion-dollar industry like wellness.”

So where are we?

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