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Build Residual and Passive Income

You work hard on your business. Sometimes it feels that there just aren’t enough hours in the day to do everything you need to do to take your business to the next level. While part of your business is limited by how much time you can spend making and selling your products, or how long you can have your store open, there’s a way to use your blog to generate more income.

Have you heard of residual and passive income? These are types of income that allow you to make money even when you’re no longer actively working on a project. For example, let’s say you’re writing a blog post about a related product or service and you’re using an affiliate link to send your customers to the other business. For each sale you make an affiliate commission. That’s passive or residual income. The idea is that you write the blog post once and then profit from it again and again for months, if not years to come.

Let’s say you write one of those types of blog posts per week. As time goes by, your passive income keeps growing and growing. That gives you a lot of leverage and allows you to get more done, and make more money, without having to work more.

Make It Easy To Be Found (and Learn More…)

We already established that a blog can help you grow your reach. It also makes it easier to be found by anyone actively searching for you or your products. Blogs frequently show up in search results.

Blog about yourself, your business, how you got started, and of course plenty of blog posts about each of your products. In other words, use your blog to make it easy to be found by your target audience.

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Book Outline Worksheet FICTION

You don’t have to outline your fiction book. Each author has their own process and while many are plotters and do create some type of outline or structure, others are what are called “pantsters.” They write by the seat of their pants.

It’s recommended to give outlining and plotting a try first. It ensures a faster writing process, which means your book will be done and ready to publish much more quickly. And it also ensures there are no gaps in your story. You can look at the outline and make sure everything is organized and lined up to tell your story.

This worksheet presents two different types of outlines. Use the one that works for you and modify it as you see fit.

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10. Make sure to use vibrant and striking words to describe your motives and aims.
11. Remember that there are hundreds applications for a single job. In order to make sure that the employer picks your resume and calls you for the interview make it as impressive as possible.
12. Next thing to get the job is to succeed in the interview. You must prepare for the interview well.
13. Being called for an interview means you have already made your place; preparing adequately for the interview can get you the job of your dreams.
14. Preparing for the interview includes both physical and mental preparation.
15. Mental preparation means to prepare your mind for any type of questions that could be asked in interview.
16. Prepare the answers for all the possible questions.
17. You should have clear answers to the traditional questions like ‘who you are’ and ‘what are your aims’. Write the answers picking the words carefully and memorise them.
18. Present your strengths and weaknesses in a positive way using the best of words. Your words and the way you speak make a lot of difference.
19. Keep in mind that the purpose of the interview is not to know your abilities but to find out what you can do for the company.
20. You must present yourself as someone who has all the skills for the job they are offering.
21. Assure them that you are the person who would value the interests of the company more than your own.
22. Your employer may ask you why you left your previous job; you should answer it in a positive way without talking negatively about the previous employer.
23. You have to convince them as to why they should hire you and not any other candidate. You will have to act like a salesperson here and present your skills and abilities in the best possible way.
24. Before you go for the interview it is good to do some homework.
25. Do some research about the company and the employer in order to get an idea what type of questions they may ask and what type of behaviour do they appreciate.
26. You can take help from people who somehow know the potential employer and learn from them about how he conducts the interview.
27. Increase your contacts; the more professionals you will know the more chances you will have to get a better job.
28. In order to gain experience work voluntarily or as an intern in well-known companies.
29. You may not get a lot of money but you will get enough experience to proudly tell your new potential employers.
30. If you worked in well known companies, even though without salary, you will get to know many people who are well-known in business community.
31. Such people can help you find a job and their recommendation while you try to get a job can make a lot of difference.
32. Work hard even if you are just an intern. You may get a good job in the same company if you proved your worth.
33. Companies prefer those individuals who can think and act fast even in stressful situations. Increase your abilities to cope with pressure and stress.
34. You already know how tough it is to get a job so be very careful about your interview as it is your only chance to impress the employer and get the job.
35. Try to cover the gaps and fishers left in your resume during your interview.
36. Have a lot of positive abilities and experiences to tell.
37. Besides the traditional questions you may also have to go through behavioural interview.
38. Behavioural interview is more about judging your practical abilities and require you to be very well prepared.
39. You may be asked to demonstrate your skills.

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Buy in bulk, cook in bulk

Many wholesale supermarkets offer you discounts for buying products in bulk. This is a good way to save only if you have somewhere to store a dozen tins of everything and 10kg of rice and flour. If you have a large pantry or a place to store non-perishables this can be a way of taking advantage of unlimited quantity specials. You will need to use the products before they go out of date and start to deteriorate.

Get together with family and friends-If you don’t have the room, split the items between your family or a group of friends. Having 4 members in your group is enough. Everyone puts in their share and one of you goes and buys the products and then you split them up equally amongst the group.

Sometimes cases of tinned food are cheaper than buying each tin individually but if you can’t store it there is no point in buying it. Find out what your family and friends buy and split a case, say of baked beans.

Bulk dry goods are usually cheaper to buy at the local supermarket. You do need to do a price comparison as bulk does not equal cheaper. Check the price per kilogram, pound or litre to make sure that the bulk quantity is not more expensive than the smaller quantities.

If your family like bolognaise sauce, make a big batch and freeze portion sizes for using later. It is just as easy to make a big batch

Make muffins in large quantities and freeze to pop in lunch boxes or to take out when friends drop in

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Random money spinners

There are hundreds of ways to make money, you just to think hard and look around to see what you can do or enter into.

Clinical trials-pharmaceutical and medical suppliers are always testing new products and need paid volunteers to test the products. Many of the tests are blinds and double blinds so you may even not get the drug being tested. The drugs are safe and the company need to see if they do what they say they do. From drug trials to looking for participants in a medical survey, it all pays money for not much outlay except your time.

Focus groups-these are often to do with marketing products in specific areas and to a specific audience. Look for ones in your area or age group. They are a bit like doing a survey but you will go to a central location and be interviewed and asked for your opinion on goods and services.

Mystery shopper-this is a great little money earner and you get to shop at the same time. You enter a store and rate the service or product offered and then report the results over the internet. There are hundreds of companies looking for shoppers in all areas and of all ages. You could check out the service at the local car sales yard, florist, supermarket, liquor store, bank, cinema and other outlets. You get paid a fee for doing the mystery shop, anywhere from $5 to $50 and will be reimbursed up to a certain amount. Most places pay you on a monthly basis.

Advertise with your car-the side of your car is the perfect spot to advertise someone else’s products, services and business. Check out the web site Ad In Motion to see how easy it is to make money by using your car a few times a week to advertise.

Deliver catalogues and phone books-once a year all businesses and houses receive a phone book and usually before delivery time ads appear in papers and on job sites to deliver them. All you need is a reliable car and love walking. The same with weekly catalogues form supermarkets and shops. It is a great way to earn money and keep fit at the same time. May not be so good in the winter months.

Odd jobs-check out web sites like Craigslist for people wanting odd jobs and handyman work done. You will be surprised at what people will pay others to do.