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	<title>New Urban Life &#187; Ways</title>
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		<title>Five Ways to Find the Perfect Business Idea</title>
		<link>http://www.newurbanlife.info/five-ways-to-find-the-perfect-business-idea.htm</link>
		<comments>http://www.newurbanlife.info/five-ways-to-find-the-perfect-business-idea.htm#comments</comments>
		<pubDate>Tue, 26 Jan 2010 06:36:40 +0000</pubDate>
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				<category><![CDATA[Business]]></category>
		<category><![CDATA[find]]></category>
		<category><![CDATA[Five]]></category>
		<category><![CDATA[Idea]]></category>
		<category><![CDATA[Perfect]]></category>
		<category><![CDATA[Ways]]></category>

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		<description><![CDATA[One of the biggest struggles I had in starting my business was actually coming up with the idea. I wanted something that was scalable as well as needed in our society. I combed through hundreds of ideas before settling on my current venture. Through this discovery period, I uncovered what I believe are the five [...]]]></description>
			<content:encoded><![CDATA[<p>One of the biggest struggles I had in starting my business was actually coming up with the idea. I wanted something that was scalable as well as needed in our society. I combed through hundreds of ideas before settling on my current venture. Through this discovery period, I uncovered what I believe are the five most important concepts in determining what makes the perfect business idea.</p>
<p>So, what is a perfect idea? Each individual entrepreneur has their concept of the perfect business. While Google is a great business for the founders of that company  it may not be a great business for others that are non-tech savvy or who do not want to run such a large organization.</p>
<p>Therefore, each perfect business is defined by the business owners. Keeping this in mind, lets start on my five concepts of finding the perfect business:</p>
<p>Number One - Understanding your customer: This might seem strange to start here as how do you know your customers before you have a business idea in place. The answer is simple  your customers make the business, therefore without customers there is no business. If you have a business idea dont try to develop the idea around what YOU think potential customers will like or need, but find out what your customers actually desire. Too often business owners get an idea in their head and jump right in with both feet. However, they soon find out that their target market does not want what they are offering. Spending both time and money on a project just to see it languish is not the perfect business idea.</p>
<p>Moreover, lets say you dont already have an idea  getting out and understand consumers (those who will eventually become your customers) may lead you to the perfect idea. Knowing what potential consumers need and building products to meets those needs will get customers beating a path to your door  that is a perfect business idea.</p>
<p>Number Two  Passion: Passion here does not mean being fanatical about your product or service. But, it does mean having some interest in what you do. More times than not, you will be spending 15 to 18 hours a day working on your business in the beginning  usually for the first 12 to 18 months (more like 2 years in this economy). You have to constantly be thinking about ways to improve and grow your business as well as be out talking about it to everyone, everywhere. If you end up starting a venture that you dont have passion for, something that does not make you jump out of bed each morning, it will be very hard to put in the hours and energy to make it successful  thus not a perfect business idea.</p>
<p>Number Three - Understand Your Competition: Every business has competition  either direct or indirect. Think about movie theaters. They have direct competition from video rental stores or at home television. They also have indirect competition from any other activity that consumers spend their disposable income on like bowling, paint ball, golf, etc. Anything that people do in their spare time.</p>
<p>Further, some competitors are ruthless. Meaning that if you promote and offer a product that is similar to theirs but at a lower price, these competitors will just lower their price to match or beat you. If they are already established businesses  they may be able to undercut your price enough to drive you out of business.</p>
<p>If you dont know your competition  what they are willing to do to keep you out of their market  you may be spending more of your time in a pricing war then growing your business  not the perfect business idea.</p>
<p>Number Four - Cash Flow: Lots of entrepreneurs enter the business world with great ideas but very poor understanding of the capital it will take to get their venture off the ground. Most will prototype their product or service and understand what it takes to make the product or provide the service but they dont understand the capital it takes to manage the rest of the organization  including marketing (very expensive but extremely necessary), employees (more than just salaries or wages), insurance or supplies and all the little miscellaneous expenses that add up very quickly like phone, internet, computer services, etc. Knowing your total cash flow will help ensure that all of your costs (variable and fixed) can be covered by the business  the perfect business idea. I have seen way too many businesses with great products fail because they could not cover simple expenses like rent or utilities.</p>
<p>Number Five  You: Know who you are. Know your strengths and weaknesses. Know that you are ready, willing and able to do what it takes to make your venture a success. I have worked with many business owners in the past that think all they have to do is hang out their shingle and they have it made. Thus, when it comes down to actually running the business day-to-day  they are unwilling to invest the time, energy or money necessary for success. Thus, know how hard you are willing to work.</p>
<p>Moreover, know your personal financial situation and what you need the business to generate to cover your lifestyle. If you think your business will pay you a great salary from day one - it will not. And, if you need it to, it is not the perfect business idea for you. Take away outside distractions like your personal financial situation  get those in order  thus, when your business concept does materialize  you will be able to solely focus on its conception and growth. In the end providing you the financial security you are seeking - it will be the perfect business idea.</p>
<p>Regardless of the level of your desire for your business  a lifestyle mom and pop operation or a multi-national conglomerate  if you develop a business idea with these five concepts in mind  your idea will be the perfect business idea for you.</p>
<p> &#13;
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<p>Joseph Lizio holds a MBA in Finance and is the founder and owner of <b>Business Money Today</b> - <a rel="nofollow" onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href="http://www.businessmoneytoday.com"></a><a rel="nofollow" onclick="javascript:pageTracker._trackPageview('/outgoing/article_exit_link');" href="http://www.businessmoneytoday.com" target="_blank">www.businessmoneytoday.com</a></p>
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		<title>10 Ways to Land a New Job</title>
		<link>http://www.newurbanlife.info/10-ways-to-land-a-new-job.htm</link>
		<comments>http://www.newurbanlife.info/10-ways-to-land-a-new-job.htm#comments</comments>
		<pubDate>Sun, 24 Jan 2010 07:08:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Jobs]]></category>
		<category><![CDATA[Land]]></category>
		<category><![CDATA[Ways]]></category>

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		<description><![CDATA[It has been reported that unemployment in the UK rose by 131,000 to 1.92 million between September and November which is the highest amount since 1997. This figure does not included job cuts since November and with the current economic turmoil things are expected to get worst before they get better. 
Job cuts have unfortunately [...]]]></description>
			<content:encoded><![CDATA[<p>It has been reported that unemployment in the UK rose by 131,000 to 1.92 million between September and November which is the highest amount since 1997. This figure does not included job cuts since November and with the current economic turmoil things are expected to get worst before they get better. </p>
<p>Job cuts have unfortunately hit women nearly double the rate of men as many job losses have taken place in the Retail and Hospitality sector where there tends to be more women then men working.</p>
<p>There are new opportunities coming up within the large supermarkets chains. Tescos plan to create 10,000 new jobs this year with new stores that are to be opened. Sainsburys 5,000 with 50 new convenience stores and a small number of new supermarkets it is planning to open. Waitrose expansion drive is to create 4,000 new jobs and Iceland is hoping to create 2,500 jobs due to buying 51 stores from former Woolworths. </p>
<p>As unemployment raises so the job market will become more and more competitive. </p>
<p>So until you win that mighty jackpot that will mean you never have to work again LuckyDustBingo have ten top tips when job hunting for you..</p>
<p>1 A well presented CV is essential for landing a new job. It should include details of qualifications, experience and achievements. Your CV should present a picture of you with enough evidence to convince an employer to interview you.</p>
<p>2 Be assertive. When you have sent your CV to someone follow it up with a telephone call to make sure they have received it and try to set up an interview. This shows you really are interested in the position with them. If you dont hear back from them be persistent. </p>
<p>3 Interview questions are increasing becoming about your previous experiences and whether you would fit within the culture of the company. Do your research so you know about the company/role/working environment/dress code. The top five attributes deemed essential by employers are good communication skills, good written English, common sense, a positive attitude and flexibility so hone those skills and sell them to your interviewer. </p>
<p>4 Be aware of your body language. Always start with a firm handshake and a friendly smile. Stay relaxed and maintain eye contact. Make sure you do not fidget. During the interview always be forthcoming when providing information. It may be a good idea to get a member of your friends or family to do a role play interview with you as preparation. </p>
<p>5 When being interviewed ask the interviewer what exactly they are looking for. Ask whether they have any concerns about you and try to accommodate. If you do not meet all of their requirements then be honest about it and try to provide a solution. Always thank the employer for seeing you. </p>
<p>6 If you do not hear from them after the interview or are unsuccessful then ask for feedback or whether they are any other positions opening. </p>
<p>7 Do temporary work. Working with a temp agency may lead to a full time position. Doing temp work is beneficial to both yourself and the employer as it serves as a try before you buy. You get to assess the company and they get to assess you. It will also provide you with experience and further time to plan your next steps.</p>
<p>8 Talk. Talk to everyone you know about their experiences. From their own job hunting experiences to the recruitment process in their current organisation to what their own job is like. Enhance your network and who knows where it may lead.</p>
<p>9 Dont give up and be patience. The average job hunt takes between 2-6 months so prepare for some hard work. Dont beat yourself up if you are not instantly successful. The more effort you put in the more likely you are to land a job that you actually want. </p>
<p>10 Believe in your own capabilities and your ability to do the job. Attitude is everything so you want to try to reach the right level of confidence. You need to be positive and enthusiastic about the position and the company. </p>
<p>There are many places you can get help to kick start your career. Your local centre, library, yellow pages or council should have resources and list of places where you can gain careers advice in your local area. </p>
<p>Jobs may be advertised in your local newspaper, through a recruitment agency, on company websites and online. Dont sign on with just one recruitment agency sign on with as many as you can and be pushy about getting as much information regarding specific jobs as you can. </p>
<p>Apparently one in three people have lied on their CVs to land jobs. Employers are become wise to this and hiring procedures are becoming more strict. It is definitely not recommended that you ever lie in order to try and increase your chances of gaining a job. Be yourself.</p>
<p>If you are smart, creative and persistent you will land that job!</p>
<p>Visit www.luckydustbingo.co.uk</p>
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<p>Business Writer</p>
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