The Whole 9 Yards

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Posts Tagged ‘direct selling

Do you need to work a full-time job?

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Truth is only you can answer that question.

time-question-blogging-techregion-com

However, I’d like to share information with you about the potential benefits one can enjoy while working part-time instead of full-time.

Since I left my last job working with a NYC agency, I have been working part-time and I must say that I like it. Of course, my income is not what it used to be, but this is a temporary situation. While I have been working part-time I have enrolled in an information technology school where I am training to become an IT Engineer. As an IT Engineer I will be able to assist and answer just about any question as it pertains to computer repair, installation and upgrade all Windows, MAC, and Linux systems. There is no way that I would have been able to take this course if I was working full-time.

Some say that they have full-time bills so a part-time income will not cut it. I understand that, but I have two part-time jobs so money is coming in and I have other “hustles.” Additionally, consider this: Abraham Lincoln said, “It I had four hours to chop down a tree three of those hours would be spent sharpening my ax.” That is why I’m in school – sharpening my ax so that I can chop down bigger money trees in the future.

Upon completion of my training, I will look to take a part-time internship so that I can gain experience and then eventually ease into a career as a contracted IT consultant.

Oh…

Let me tell you about my two current part-time jobs.

I work part-time for two non-profit organizations. One is where I work as a program facilitator with urban youth teaching them various socially desirable behaviors and skills and teaching academic courses in an innovative way using elements of Hip Hop music. The other part-time job is working with the YMCA as a martial arts instructor teaching children and teens Karate and teaching adults practical personal protection.

I’m also started a home-based direct sales business, but I admittedly haven’t done too much with it as of yet. It is documented that the products and the compensation plan work, but you as an independent sales agent must work to generate revenue – of course. I say that with a touch of sarcasm because it amazes me how people complain that they don’t make money in these kind of businesses, but they don’t get off of their butts to do the required work. Perhaps they don’t understand that the only thing that falls from the sky are rain drops and snow flakes – not money.

Anyway, I’d like to share a few resources to help you figure out if working part-time is feasible for you over working full-time.

Here are links to three articles that I think you may find interesting:

Thank you for your time and attention, and may whichever path you choose for yourself, I hope that it yields a bountiful harvest.

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Start up your future: Teaching for today’s entrepreneurial business culture

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(BPT) – Every year Christine Rainwater asks her Washington, D.C.-based undergraduate business students the same question on their first day of class: are any of you interested in starting a business?

“Ten years ago, I would only get two or three students to raise their hands,” said Rainwater, a DeVry University professor and president of the Small Business Advisory Firm. “Now, the majority of my students do – and some share ideas even before class begins. It really represents a new mindset as students take a more entrepreneurial approach to learning. I think they’re surrounded by fast-growing startups like Uber and GrubHub, and they feel inspired to quickly bring their own business ideas to life.”

open for biz

Business enterprise shows like Shark Tank, Beyond the Tank, and How I Made My Millions are indicative of a bigger business trend: renewed growth in small business and startup ventures. According to the 2015 Kauffman Index of Startup Activity and National Trends, the Startup Activity Index rose in 2015 – reversing a downward trend that began in 2010 – allowing the largest year-over-year increase in the past twenty years.

“Students see new, successful companies run by young creatives whose passion propelled them to success faster than climbing the traditional corporate ladder,” said Rainwater. “Not only is this inspiring more people to do the same, but it’s encouraging a whole new type of student to head back to school looking for resume-building experience that can jump-start job prospects right out of the program.”

Shaping a New Culture of Entrepreneurs
Today’s college student is different than past generations. In fact, according to the National Center for Education Statistics, nearly 75 percent of undergraduate students today could be considered “non-traditional.” They are often busy, working adults that have to balance the demands of school, work and family life.

Several non-traditional students need colleges that can fit into their busy schedules of work and family responsibilities. Moreover, many are coming back to school because they want to advance their current career or move to a new field quickly. Non-traditional students want their degree to speak for itself, demonstrating their capabilities and value.

That’s why Rainwater puts hands-on learning at the center of her curriculum.

“In my Senior Projects course, I challenge my students to explore their own neighborhoods, develop business plans for local companies and even kick-start businesses of their own,” she said. “It’s always rewarding to see their eyes light up when they first come up with a viable idea, or see the impact they’ve made in their communities.”

The approach has given students real-life experience and has encouraged collaboration with local organizations. Online grocery store Relay Foods enlisted the help of Rainwater’s students to revamp their salsa canning and distribution plan. As a result, the students were able to help the grocer increase brand awareness and customer appeal for their signature salsa. Another student turned her passion for making premium homemade soap into a business, eventually turning the side job into an online boutique.

The Benefits of Breakthrough for Rising Innovators
Outside the classroom, Rainwater is the president of the Small Business Advisory Firm, a network focused on meeting the educational, networking and program-specific requirements to compete in the federal and private-sector contracting environment.

“In the past, people had to go through an extensive process to start their own businesses,” said Rainwater. “Today, technology has removed many of the barriers that used to stand between big thinkers and entrepreneurship.”

Rainwater considers immersive learning an imperative tool for business students’ professional development. She believes that it not only fosters creative thinking and entrepreneurial spirit, but also creates a safe environment for students to build tangible skills that can be immediately implemented in the workplace – across a variety of roles and practices.

To help today’s students learn more about starting a new business, DeVry University offers a small business management and entrepreneurship degree specialization within its College of Business & Management. At the graduate level, its Keller Graduate School of Management offers an entrepreneurship concentration within its MBA program.

“Right now, U.S. startup activity is rising for the first time in five years, showing entrepreneurs are the most hopeful they have been in several years,” said Rainwater. “And the beauty of these entrepreneurship programs is they not only teach students how to grow businesses, but they arm them with skills to succeed when they hit obstacles along the way – setting them up for long-term success.”

Written by Tyrone Turner

April 20, 2016 at 9:45 pm

Never Vulnerable Again!

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Hey there, folks. It has been a long while since I posted. I have been caught up with working, being a family man, training in martial arts, and trying to get more fun and rest in. In the past two years or so is the first time in several years that I didn’t have some sort of a side business to supplement my 9 to 5 income.

My 9 to 5 situation has become a little shaky recently after I suffered an injury that has really side-lined me. I needed surgery and all. Now, money is a little tight in my household. We’re getting by, but our quality of life has diminished.

multiple streams

Why am I even telling you all of this?

Not for sympathy and not because I’m going to set-up a GoFundMe page to ask for donations or anything like that, but rather to give you a warning by example to not put all of your eggs in one basket.

That is to say don’t rely solely on your income from your job. Things can change quickly and an employee can be fired for no reason or any reason at all (except if discrimination can be proven) in 49 out of 50 states — Montana being the exception.

I strongly encourage you find something that you can do on the side to create some “cushion cash” in case something changes at your job. Learn from my mistake of becoming too comfortable. As a martial artist and past recreational boxer, I should know that I did in fact violate rule number one: Protect yourself at all times.

I am going to get back into teaching martial arts classes again after I fully recover from my injury. But what I’m really looking to do, is to create passive, recurring income. A friend of mine from Texas, named Esther, told me about a cool side business that I can operate from home. I also have realized that there are numerous tax benefits in that I can write-off a lot of the money I was already spending as classify those expenditures as business expenses. That way, I will get a larger tax return next year. It is sort of like double-dipping in that I am increasing my income and keeping more money in my pocket because I have a smaller tax bill. That is cool.

I’m building a strong fortress that the Big Bad Wolf of injury and lost pay cannot blow down.

I plan to never be vulnerable again!

Please, take care of yourself and learn from my mistake.

Thank about your current hobbies and see if you can monetize it. It will create another source of income and help you stay afloat if something happens to your job.

Thanks for your time.

Hey, do you know Vito?

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I have been laying low for the past few months while I was conducting research and handling a few personal matters, but now I’m back. Thank you for your patience.

Pssst…

Do you know Vito? Vito is an acronym for “Very Important Top Officer”. Vito is the decision-maker in a given organization.

When I was an account executive and later a business developer for a major international litigation support company, I encountered scores of individuals who falsely conveyed that they are the decision-maker. This can cause you to waste time and money on the wrong people. Interview people carefully to separate the prospects from the suspects. Doing so will help you save a lot of time, energy, and money.

We are living in the information age, so check out your target company’s/prospect’s website to learn more about the company and to figure out who the decision makers are. Once you’ve done that, you are ready to start trying to get an appointment with Vito.

Here is an example of how to get a meeting with Vito…

Make a phone call to the company’s main line. You’ll probably be speaking to a receptionist or an operator from the message center. Say something like this:

You – “Hello. How are you today? [wait for a response]. I am putting together a information packet for Ms. Vito, and I’d like to send one to her assistant as well. Would you be so kind as to tell me his or her name, please?”

Receptionist – “Her assistant’s name is John Smith.”

You – “Thank you very much. I’m going to drop off goodies as well when I have the information packets delivered. What is your name? I’d like to drop off some for you too.”

Receptionist – “Why, thank you! My name is Mary Brown.”

You – “Okay, Mary, thank you so much, and look out for the little bag of goodies that I’ll be sending your way. Enjoy the rest of the day.”

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Sidebar – goodies can be something like assorted candies, cookies, etc.
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Goody bags work nearly every single time. Now, you make sure to get goodies over to John and Mary (the assistant and receptionist) a.s.a.p.! These two individuals are gate keepers, and they are privy to Ms. Vito’s likes and dislikes, her schedule, and other “need to know” info within the organization.

The gatekeepers are very, very important resources and can be wonderful allies. Definitely get goodies over to them, and at the very least work to get a phone meeting so you can gather information. Take care of them, and they in turn will take care of you and help you get a meeting with Vito, and/or help you identify others that you can speak to.

That’s karma baby….

For more information, go to your local library and check out Getting to VITO (The Very Important Top Officer): 10 Steps to VITO’s Office, by Anthony Parinello.

Check out an interview that I did a few years ago on this subject. It is a 30-minute interview with my my then business partner, Lisa Torres.

CLICK HERE, to listen to the interview now.

Think on these things, and I hope you get good mileage from this info.

All the best to you!

Urgent and Important Matters

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In Stephen Covey’s book, The 7 Habits of Highly Successful People, he has a graphic called the “Time Management Matrix.” Therein, he says that things that are both urgent and important are generally problems – usually a result of improper planning. However, in Robert Greene’s best-selling book, The 33 Strategies of War, strategy number four is Create a sense of urgency and desperation: Death-ground. This strategy recommends that you place yourself where your back is against the wall and you have to fight like hell ot get out alive. The conquistador, Hernan Cortes, did this by boring holes in his ships and burning them so that his men HAD TO fight the Aztecs and go deeper into Mexico.

The reason I bring this up is to ask you how your business resolutions for this year are going. It is the 26th of January now so let’s do an enthusiasm check. Are you still excited and motivated to accomplish your business/career goals that you set for yourself? If you truly are, you should be pursuing them aggressively. If you’re not pursuing them aggressively, why even bother in the first place?

I’m just saying…

Thanks for reading this post.