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Real Estate Vs Virtual Real Estate

I’m sure you are most likely to be familiar with real estate. Even it you are not in real estate business, you might in on one way or customers have a friend or you know someone who is a real estate investor. What about those many classified adverts we see everyday in our newspapers or bandit signs showing us that there is a property being sold.

To bring you closer to the topic; real estate business involves buying and selling of property. The market is growing so as the property value. There is never ending demand for housing across the world-whether it is residential or commercial.

In the virtual world there exists also virtual real estate and as the name suggest the business is virtual in nature, no physical property as in real estate. While the two nearly have the same concept and leverage, virtual real estate involves creation of and building of online businesses-it involves product creation and selling. Your website is your virtual office or store. To clearly understand, compare, differentiate or make choices between the two, let us look at the following factors.

Financing and capital

Both real estate and virtual real estate you have nearly equal leverage on finances but real estate has a slight lead. Although real estate requires huge capital to start and operate, you can readily access the funding. Thanks to financial lending institutions and other private lenders. It is possible to start your real estate business with nothing down. This however comes with high interest rates. For instance, you can purchase a property worth $100,000.00, with only $10,000.00 as your down payment with&$ 90,000.00 is financed through a mortgage. Start-up capital for a virtual real estate is negligible if you can compare with real estate. It is not uncommon to find someone who which to start up his/her virtual real estate business with $500.00.

Income and value

Given the fact that, real estate business requires large sum of money to operate, so does the profit. It is only that sometimes it hardly comes. It is possible to make few deals per month and end up profiting heavily. In addition to that you can rent you property to tenants who will generate your monthly cash flow. The downside of it is that you will have to pay interest on loans, insurance and of course tax which will decimate your balance.

Virtual real estate operate on a different platform, most of the income is generated through selling of products. You can generate few dollars from each sale but if you consider those huge sales volume and lower operational cost it is possible to outdo real estate business in terms of cashflow. Moreover you can even sell your website at exorbitantly high price generating huge profits.

The value of a real estate property appreciates in a more sure and slow rate compare to virtual real estate. Virtual real estate can go either way but when it appreciates you can reap a lot. Imagine developing a web business which you cash in $ 500,000.00 from sale in just one year.

If you need money now, like I mean in the next hour, try what I did. I am making more money now than in my old business and you can too, read the amazing, true story, in the link below. When I joined I was skeptical for just ten seconds before I realized what this was. I was smiling from ear to ear and you will too.

Work At Home Advice – How Long Will It Take To See Success In A Traditional Home Based Business?

When it comes to finally enjoying success with a home based business you might have a few questions running through your head. For example, is this business right for me and how long will it take for me to see success as a new work from home consultant.Before we tackle the first question let’s go ahead and see if we can knock out the second question of how long will it take for you to succeed as a new business owner. Naturally, the answer to that question lies in what you base your definition of success on or around.For example, some consultants are content to make a few hundred extra dollars every month while others base their success on the number of new recruits they bring into their downline on a monthly basis. For the extremely motivated consultants nothing less than achieving the status or rank of a director or higher in their organization is their definition of success.With all that said, only once you are able to accurately acknowledge and quantify what success means to you for your own home based business will you be able to comfortably identify how long it will take for you to enjoy your first success with the company you choose to join.If your definition of success is monetarily based then once you have determined your magic number it simply becomes a matter of backwards planning in order to see how many sales you will need to make on a regular basis based on the company’s compensation plan.As you would expect with so many home based business opportunities, network marketing companies and multi-level marketing businesses in existence there are a multitude of compensation plans out there with some designed to allow consultants to earn money quicker than others.The very best compensation plans seem to cater around allowing its members the ability and opportunity to build a very steady and lucrative income with a strong cash flow stream with bonuses and other incentives sprinkled in the plan.By now chances are good that you have an idea on what success means to you and how long it will take monetarily speaking to see some success. Of course, there is a slight catch because success comes with a price. You see, you will need to know, understand, visualize and plan what it is that you need to do in order to accomplish your goal.Without a doubt there are ways to work smarter instead of harder but if you don’t plan for them then you might not achieve the success you desire or as fast as you thought. Once you know how to properly market and grow your business you will see success much faster than the traditional or average hoe based business owner.Success in any home based business is attainable and you can get there with a little preparation, some hard work and helpful guidance from your upline. I’d like the opportunity to show you how.

Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up

One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.

However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.

Your product creation system should do this for you if only to help you to understand the overall task.

But why?

In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!

So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)

The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.

Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.

Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.

By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.

You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.

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