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Free Ideas for Starting New Businesses and Strategies to Grow Your Company Profits

Hello I'm Roy, I'm a serial entrepreneur and welcome to my business ideas blog!

I'm going to give you a lot of ideas for starting and growing a business... some good, some ok, some brilliant, and I'm sure many that are just plain bad but regardless of their quality I'm going to give them all to you for free!

It's true that sometimes the best things in life are free and ideas are no different but really what it comes down to is not the caliber of the idea but the caliber of execution so if you are a master of taking action then you can certainly profit from one or more of my new business ideas and profit growing strategies.

How to Write a Highly Effective Subject Line

By Jill Konrath

If you're like most sellers, you don't pay a lot of attention to the subject lines. They're an afterthought. No big deal, right?

Totally wrong. Your subject line is the most important part of your message. If it's not a good one, your email gets trashed in a nanosecond. In fact, research by ExactTarget (my email newsletter service) show that the average person spends only 2.7 seconds on a message before deciding if they'll delete it, forward it or read it.

Just 2.7 seconds. That's all the time you have to capture a readers attention. That's why your subject line is so darn critical.

First, let's talk about what you don't put in a subject line. In order to avoid auto-deletes, it's imperative for you to:

  • Avoid salesy verbiage. Get rid of words like excited, hot new product, free offer or special pricing.
  • Avoid info on your company. No one is interested in your new product announcements or company updates except you.
  • Avoid capital letters. Just the first word should be capped. Otherwise it seems like a headline, not a personal message.

Now, let's talk about what works in your prospecting emails.

Here are several options that have proven effective with today's crazy-busy prospects.

One Totally Game-Changing (and Easy) Strategy to Beat Your Competitors

By Jill Konrath

You know what your prospects are thinking-all the time? Every time you interact with them, they're evaluating you and asking themselves: "Is this a person (company) I want to work with on a long-term basis?"

If they feel pressure from you, the answer is no.

If they feel like you're trying too hard to be liked, the answer is no.

If they don't think you understand their business, the answer is no.

If they get overwhelmed by what you're saying, the answer is no.

So what makes them say, "Yes, I want to work with you!"

To be most effective in sales today, it's imperative to drop your "sales" mentality and start working with your prospects as if they've already hired you. When you do, it shifts your relationship to a whole new level from the very start.

Vending Machine Business Ideas, Opportunities and Investments for Recurring Revenue

Overview of the Vending Machine Business Opportunity

The vending machine business is a multi-billion dollar global industry and is attractive to many entreprenuers and investors. Vending machines can be a part-time or full time business and requires a low investment to get started in comparison to other businesses and the path to profitability is pretty clear. You find good locations and keep your machines stocked with hot selling items.

It sounds easy, but starting your own vending machine business can be difficult, primarily because finding good locations is a challenging process. If you don't already know you'll discover that the market is already very saturated. Go to most public places, malls, rest stops, etc... and you'll find plenty of vending machines full of soda, candy, chips, honey buns, and other junk food.

So if you are exploring vending machine business opportunities and want to build a plan for success then you'll want to avoid being another me too vending machine operator. It's certainly possible to find new locations that need traditional vending machines but that may provde too difficult as existing vending machine operators are always looking for new locations. If you can great, but if not then evaluate existing vending machine locations with high traffic and opt to purchase and place newer vending machines that sell healthy snacks, lottery tickets, and the very popular coffee and energy drinks.

Types of Vending Machines

Vending Machine on Nature Trail
Photo by CarbonNYC

There are plenty of options for what you can sell in your vending machines:

  • Traditional Combo Machines with sodas, candy, snacks, junk food
  • Healthy Snacks and Organic Food
  • Hot and Cold Meals
  • Bottled Water, Coffee, Tea, and Energy Drinks
  • Scratch off lottery tickets
  • DVD Movie Rentals
  • Personal Products
  • Electronics
  • Stamps
  • Newspapers
  • Ice
  • Ice Cream
  • Pizza
  • Pencils, Stickers, Tattos, and Toys

Pros and Cons of Starting a New Small Business - Are the Potential Rewards Worth the Risks?

What to Consider When Starting a New Business

Starting a new small business can be exciting and rewarding but is also a huge financial risk for most people and requires hard work, discipline, and a major time commitment. Most of the overnight successes hyped by the media often fail to mention the years of hard work that it took to become successful. Lottery winners happen over night, not successful businesses so with that in mind let's take a look at the pros and cons of starting your own business.

Group Buying and Daily Deals Website - Build a Profitable Business by Helping People Save Money

When the US Economy tanked people tightened up their wallets more than ever, but even in good financial times people love to find deals and that's why new daily deals websites are popping up everywhere. You've probably heard of the big name players such as Groupon and Social Living. It's easy to find their ads on many of the mainstream websites and for good reason too as providing daily discounts is a big time business so they are trying to buy up marketshare as fast as possible and profit from the lifetime value of each new user.

Increase Your Sales by Minimizing Your Customers' Risk

Is it Risky Business Working with Your Company?

by Jill Konrath, Excerpted from SNAP Selling (Portfolio, 2010)

I'll never forget my meeting with the VP of Sales for a hot telecom company. They'd loved my proposal, so I figured we were getting together to kick off the project.

"I'm afraid I have bad news for you," the VP said. "We think your training program is superior to the other ones we've looked at. Your pricing is fair. And your ability to tie it in with our new product launch is unsurpassed. However, we've decided to go with your competitor."

Open a Sweet New Business - Cupcakes and Coffee Store

There are thousands of doughnut and coffee shops, but you rarely see cupcake shops. I've never turned down a cupcake. Why would I? Cupcakes are tasty and delicious so it begs the question... why aren't there more cupcake businesses?

Cupcakes

Photo by Clever Cupcakes