Hello, O' sparse but beloved readers.
Given that the blogger platform hasn't been offing much in the way of exposure or benefit I'll no longer be updating it.
You can still catch the best of my latest work here:
https://www.facebook.com/pages/Mueller-Wordsmithing/212854018740541
Thank you for your readership.
A variety web magazine by Dan Mueller. A full time Calgary area writer. Topics include: News & Sociopolitical Commentary, Science & Technology. Also includes Poetry, Short Stories and Professional Contact Information.
Sunday, 18 September 2011
Friday, 20 May 2011
Money Making Start Ups for Entrepreneurs
Blogger Exclusive: Money Making Start-Ups for Entrepreneurs
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| The home office as a money maker? |
Choosing An Effective Business Model
Determining the most efficient way to make money is a deeply personal process unique to individual entrepreneurs and their respective financial situations. Personal financial limitations, such as a bad credit history, will force an entrepreneur to start operations out-of-pocket, while more credible entrepreneurs with professional experience in the same field as the venture may have an easy time finding outside venture capital, even if both entrepreneurs are equal in terms of skill and vision. Low capital computer-based start-ups are usually the easiest ventures to launch, but are also fragile in their early years due to the volatility of online business; the '1990s tech bubble' collapse is a prime example of that fragility. Larger scale franchise businesses are another option, though not all franchises are created equal, prompting thorough study before committing to one as an entrepreneur. Avoid franchises that are bogged down with poor managerial practices such as costly raw production materials due to single sourcing agreements. After purchasing a turn-key operation it then becomes a simple matter of recruiting reliable subordinates and delegating tasks.
Low Capital Computer Based Business Ventures
Anything an entrepreneur can do from home with a computer can be a low capital money making venture. Operating the business from home allows for an early stage cost efficiency unavailable to traditional retailers, which can be a decisive advantage. Web design, writing, editing, video conference-based professional consulting, art and animation are all viable routes, assuming that the entrepreneur has or is willing to obtain skill in any of these areas; some technically gifted entrepreneurs have even been known to self-train, using public portfolio projects rather than post secondary accreditation to attract clients. For those looking for a low cost venture backed by a strong post secondary education, architecture and engineering blueprint digital drafting are both good low capital start-up options where a technically inclined self-starter could draft from home using a CAD – computer assisted drawing – program. To further offset the cost of an at-home e-business, an entrepreneur can use open source software alternatives to expensive specialty programs. Open source alternatives exist for many of the major computer productivity applications; OpenOffice, for example, is a free and open source alternative to MS Word.
Explains the premise of turnkey business, and the value of franchising. Includes quotes from Sir Richard Branson on the importance of delegation.Why Turnkey Businesses are More Efficient Money Makers
A turnkey business -- or pre-made business unit/plan for those unfamiliar with business jargon -- gives the entrepreneur more time to focus on big picture decision-making rather than getting bogged down in the basic mechanics of the venture. Regardless of the personal specifics of the entrepreneur, tried and tested turnkey operations are one of the best ways to efficiently launch a money making venture, and are available in a diverse range of investment levels. For example, a turnkey e-commerce website can save an entrepreneur thousands in web development costs, while still achieving the same end result as a website built from scratch at greater expense. Entrepreneurs with more start-up capital might consider applying the same method to a restaurant venture by purchasing a franchise, thereby eliminating the tasks of sourcing raw goods, marketing and creating a menu. In the end, purchasing a turn-key businesses takes the guesswork out of launching and starts a venture strong with a fully functioning business model right out of the box.
Using Delegation to Efficiently Make Money
'No man – or woman – is an island'; social networking in a business context is a key part of launching profitable business ventures. Having an easily accessible list of niche professionals willing to work in their area of expertise is a far more efficient way of managing a money making project when compared to trying to fill all expert roles yourself as the entrepreneur. The most lucrative ventures allow the entrepreneur to take a behind the scenes leadership role shortly after launch. The role of the effective entrepreneur is like that of a conductor in classical music: a silent role, difficult for the listener to perceive but critical nonetheless. Sir Richard Branson, the creative force behind the Virgin group of companies, had this to say about delegation in his interview with Entrepreneur Magazine: "One of the key skills I learned as a young businessman was the power of delegation. Along with my ability to listen to other people and realize when their suggestions are better than my own, this has helped me to attract and retain the excellent people on our team. If I set them challenges, keep encouraging them and create a dynamic environment, I find that people will always work hard."
Reference:
Entrepreneur; “Richard Branson on the Power of Delegation”; Richard Branson; December 7, 2010: www.entrepreneur.com/article/
Photo Credit:
"Computers" Richard Lau FreePhoto.com
Reference:
Entrepreneur; “Richard Branson on the Power of Delegation”; Richard Branson; December 7, 2010: www.entrepreneur.com/article/
Photo Credit:
"Computers" Richard Lau FreePhoto.com
Wednesday, 18 May 2011
Green Living: Dan's eHow Green Living Work In Review
www.ehow.com
How to Build an Ecolodge. Ecolodging is a response to the growing demand for green tourism, which simply put is aimed at environmentally attuned customers who not only wish to experience nature...
Mueller Wordsmithing 
Can Wind Power Save Money for My Small Business?. Wind power has the potential to save money for small business and even generate an independent revenue stream. However, that potential is not without...
May 13 at 3:10pm
Mueller Wordsmithing 
How Much Do Solar Panels Reduce Electricity Bills?. The amount that solar panels reduce electricity bills is a more complex issue than the average layperson might initially assume. Solar cells vary...
May 12 at 7:34pm
Mueller Wordsmithing 
The Advantages of Renewable Fuels. Renewable fuels have the potential to change the face of the global economy by minimizing dependence upon oil producing nations for the bulk of consumer energy...
May 12 at 3:43pm
Tuesday, 3 May 2011
Strange Days in Canadian Politics: Conservative Majority and NDP Official Opposition
trifter.com
An exploration of factors behind the results of the May 2nd 2011 election in Canada. Also explores some of the possible causes behind the surge in NDP popularity which took place at the same time. Takes a look at what's in store for Canadians over the next four years.
" Monday May 2nd 2011 was an election night in Canada unlike any other. Stephen Harper and his conservative government solidified their grasp on power by forming a 167 seat majority in the house of commons. Perhaps the most unexpected aspect of the election was the whirlwind surge of support for the NDP that some call the ‘Orange Crush’. Who was crushed? The Liberal party of Canada, having been blasted down from more than 70 seats down to 34. "
Saturday, 23 April 2011
French Edition Launched!
mwfrancaise.blogspot.com
Le contenu de MW pour un public francophone. Un magazine d'intérêt général, avec le commentaire politique canadienne, l'écriture créative, ainsi que des articles sur les entreprises et la science verte.
Alas the francophone edition has been scrapped due to lack of interest.
Alas the francophone edition has been scrapped due to lack of interest.
Tuesday, 19 April 2011
Mueller Wordsmithing Takes on HR Policy Reform
bizcovering.com
An exploration of how including existing staff in HR policy reform can be beneficial to productivity. Includes a quote from the famous Japanese strategist Takeda Shingen.
Tuesday, 12 April 2011
Coming Soon: French Edition
A french language edition of Mueller Wordsmithing is in the works. Check in soon for updates.
Issue One Highlights: April 2011
authspot.com
A visually descriptive poetry by Dan Mueller with a focus on a desire for a more natural lifestyle than is offered by urbanization.
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