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Day: July 21, 2018

How You Can Make Money Buying and Selling Domain Names

There are several ways to make money online. One of the most well-known and traditional ways is the buying and selling of Internet domain names. Domain names are cheap, plentiful, and are very easy to buy and sell. Compared to other types of Internet investments, domain names are probably one of the safest. The most attractive aspect of buying domain names is that even if the absolute happens and you receive nothing back on your initial investment and lose everything on it, you are only losing out on about $ 5- $ 10. The small investment to get started in this is also a great way for Internet entrepreneurs to start out making money quickly, while slowly moving into more lucrative endeavors.

The key to making money with domain names is trial and error, luck and a little homework.

What makes a domain name profitable?

Domain name suffixes like .com, .net, and .org are the most common and are typically the most sought after. Its worth mentioning though 10 years ago, .net and .org were considered substandard to .com, today however some of the largest organizations in the world use a .net or .org domain name suffix. Newer endings such as .TV, .WS, and .FM may just be the newest versions of the .net's; so potential investors may want to keep an eye out for these less conventional endings.

The most successful domain name sales are typically larger businesses that need a specific domain name that may already be taken. There is usually a substantial offer made to the current owner to sell out. Other times domain name investors will find existing businesses that may not have purchased the .net, .org or other domain endings.

There are so many ways to profit from buying and selling domain names that learning everything you can about the business before investing is probably the best idea. The initial investment in your education will give you a competitive edge in this savvy industry. …

Your Business Mission – What the Heck Do You Do, Anyway?

Do you really need a business mission statement? Is it just some fancy words to put in that business plan that collections dust on your shelf, or is there really more to it?

One of the key attributes of successful businesses is that they clearly know what they do. Defining the goal or the "mission" of your business can be the key to your success.

A good mission statement does three things:

"States what business you are in." Defines your target market. "Provides inspiration for your business.

One of the best examples of a mission statement comes from Levi Strauss & Co. [http://www.levistrauss.com/Company/ValuesAndVision.aspx]

"We will market and distribute the most appealing and widely worn apparel brands. Our products define quality, style and function. We will clothe the world."

Clothing the world is a pretty lofty goal, but Levi Strauss has the ability to do this for one reason — Their founder, Levi Strauss, started the business with a mission and focus.

Levi started his wholesale dry goods business in San Francisco February, 1853. Rather than hoping to make his fortune in the Gold Rush, he created a fortune by wholesaling clothing and fabric to the small stores supplying the thousands of miners and later, families of the West.

In 1872, he was contacted by Jacob Davis, a tailor who had developed a method to rivet the stress points of the pants he made from fabric he bought from-you guessed it — Levi Strauss. Jacob did not have the funds to patent the process, so he teamed up with Levi Strauss to patent the original blue jean in 1873. The rest is history.

Now, if Levi Strauss was your typical small business, he would probably have spun off in ten different directions in their early years, but the company remained focused on supplying quality clothing and fabrics to the working men and women of the West, and later the world. Rather than focusing on their core market, they would have fallen into the AFAB method … Anything for a Buck.

Most small businesses suffer from this lack of focus.

When we work with struggling business owners, the first thing we ask them is "What is your bread and butter?" What one product or service provides you with the majority of your business profit?

Unfortunately, most business owners can not answer that question. They did not define their core product or service and target market when they started, and end up doing a little bit of everything, and nothing well.

Or, they focus most of their time on a product or service line that they like, without knowing whether it actually is their most profitable.

Fortunately, there is an easy fix for this problem.

You have to determine your gross profit margin from each of your product lines or services. Get together with your accountant, and figure out what you need to do to separate your revenue and expenses by the major product lines of your business. Then, you can find out …

Car Insurance – Driver's Education Racing to the Future

You can have lower car insurance rates when your teen completes a driver's education course. But its not the driver's ed you remember. The first classes were taught in schools in the 1950s as a result of the great highway building boom.

Originally driver's education was just to teach kids how to pass a driver's test, now there is a whole new generation of driver's education classes that stress safety and real life practice. The old classes that largely agreed to safety videos from the 1970s that put students to sleep combined with a few lectures on drinking and driving are gone. In some of those classes students only spent six hours behind the wheel.

But the long declination of driver's education may be ending. Some states, prodded by a growing coalition of public school instructors and safety groups, are rethinking the way teens to learn the rules of the road. Driver's education officials are upgrading and standardizing what teens are taught, putting an emphasis on anticipating risky situations.

The market has also moved in to quickly fill the void. Safe Smart Women, a non-profit group in Silver Spring, MD., Stages clinics for female drivers in 12 cities. Florida-based New Driver Car Control Clinics are in 10 states; its half-day seminars place teen drivers and one parent inside a car while experts radio over instructions on how to brake at the vehicle's limit and swerve while retaining control. Even the American Association of Retired Persons has an 8-hour classroom refresher Driver Safety Program to learn the effects of aging on driving and how you can adjust your driving.

At the Skip Barber School's $ 600 +, one-day program for teenagers, drivers speed through an obstacle course – the champagne slalom – as fast as they can while trying to balance a tennis ball in an oversized cup on the hood of the car , an exercise designed to demonstrate the relationship of braking, cornering and acceleration.

Other classes have a radical new approach to traditional driver's education: using hip young instructors to guide teens through hair-raising maneuvers on a track so they can survive the unexpected on the road. Students learn safe driving techniques and get plenty of behind-the-wheel training.

Drivers Education has a green side too- By training in hybrids, students complete thousands of courses of training but use less fuel and create fewer carbon emissions. More and more programs are using these vehicles with great success. High school students in Leon County, Florida's driver education programs are using hybrid vehicles to practice their skills behind the wheel. Six Toyota Prius' were bought by the Leon County Board of Commissioners for the programs; funded in part by traffic fines.

There is even fun driving class. Comedy Guys Entertainment combining a bunch of professional comedians and a defensive driving school. Approved by Texas Department of Public Safety, instruction is in-class work, done in fine restaurants with meals and refreshments included.

Meanwhile, many car insurance companies charge lower rates for teen …