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Taking the leap to start my own business! Two weeks ago was my last day at work. No, I didn't get fired, rather, I resigned my position as an Information Technology Project Manager in order to start my own business. It is perhaps inaccurate to...

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The Value of a Good Hosting Company My son, who is learning internet marketing, accidentally deleted his WordPress installation while he was performing his first backup! Talk about a hard lesson. At first we thought that he had been hacked,...

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Digging into Wordpress This past week, I purchased a new book called Digging into Wordpress. This book really takes you from the basics to extensive customization of Wordpress - all in a very easy-to-understand format. There...

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Getting Started with Internet Marketing One of the basic problems you will have when starting out with internet marketing is learning what to do. On top of that is the need for a support structure to help you along the way. There are a lot...

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Faith or Fear? The biggest obsticle to stepping out on your own is fear. I know this is the case for me. How can I leave the security of my job and paycheck to work for myself? I have been reading a book called The One...

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Multiple Streams of Income – Part 3 – Online Store

Posted on : 09-23-2006 | By : Mike | In : Ideas, My Websites, Store

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The next step after eBay for me was to open an online store. This provided new challenges, but also the promise of lower expenses and potentially a larger customer base. With this, I had to setup several things.

  1. Domain Name – I get and manage my domains through the World’s Largest Registrar – GoDaddy.com. I have found their pricing and management options to be the best. I recommend that you do not buy your domain through a hosting company. This is one thing you don’t want to intermingle. You can read about my trouble with one domain, here.
  2. Website Hosting – I host all my domains with AlphaOne Techonology. Once again, I like having my hosting all in one spot. It simplifies management of my websites. I have found their support to be responsive and effective. They also took care of setting up the secure certificate for my store. This is needed to ensure security and privacy for my customers.
  3. Shopping Cart – I researched and tried a lot of different shopping carts and settled on X-Cart. It is a lot like OS-Commerce, but is supported by both Qualiteam (the software company), an active user’s forum, and third party vendors. Qualiteam is based in Russia, but I have found their support to be excellent.
  4. Products – You will need to decide what products or services to sell online. Once that is done, setup agreements to purchase those products wholesale. You will then need to set your prices and enter product information into your shopping cart solution.
  5. Business Formation – I recommend that you setup your online business entity in such a way that your personal assets are protected. I used Biz Filings to setup my corporation. I found their offering to be complete and their prices to be very competetive.
  6. Credit Card Processing – No matter what you do online, you will need a way to accept payment. I use two avenues, PayPal and Echo. I used Echo. I use Echo to process Visa and Mastercard. They have an application process that they help you through. It is involved, but not difficult. When you are done, you will be able to accept credit cards on your website, including Yahoo Stores if you decide to go that route. PayPal is easier and quicker to get going. Accept Payments Online with PayPal. Fast, Easy & Secure. Sign Up Now!

That should get you going on the road to e-commerce success with an on-line store. If you are interested in checking out my store, you can go to www.tenfoottable.com.

Multiple Streams of Income – Part 2 – eBay Auctions

Posted on : 09-18-2006 | By : mike | In : Ideas, Store

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One of the first ideas I tried, to establish a stream of income outside of my regular job, was selling items at auction on eBay. This proved to be a good way to make some money. It is important that you begin your selling efforts on eBay by educating yourself about this marketplace. I recommend that you start by reading an ebook or the online help that eBay provides. Here is an inexpensive ebook offer that is designed especially for people who are new to eBay! Once you have done your reading, purchase a few items on eBay to learn, first-hand, how the auction process works. This also helps you to build your feedback rating, as I recommend you have a feedback rating of at least 10 before you start selling.

Once you are ready to start selling, begin by looking around your home for things to sell. So many of us have accumulated stuff that we no longer need or use. This is a great source of items to sell. I can tell you for certain that you will get more for your stuff on eBay than you will in a garage sale. You will need a digital camera to take pictures of the items you are selling. Practice so you can get good pictures. The quality of the pictures you take of your auction items will greatly affect the selling price of that item.

After you have had success selling your own stuff, then you can go out and find other things to sell. I use several methods to find items to sell.

  1. Buy Wholesale – As I mentioned in Part 1 of this series, I run an eBay store. In it I sell several items that I buy wholesale and then retail on eBay. This is easy to do, just contact the manufacturer or distributor of the products you want to sell, open up an account with them and purchase your products. Be sure to research actual selling prices on eBay so you are certain that you can retail your chosen products at a profit.
  2. Garage Sales – My wife and children love to go to garage sales. I just tell them what kind of items I like to sell on eBay and they find me bargains while they are garage sailing! It works out really good. With this approach, I am selling other people’s stuff on eBay. As I mentioned in method #1, I can sell something on eBay for more than I can in a garage sale. This method of finding items has an automatic profit margin. Here is an ebook offer that will help you profit on eBay from garage sales.
  3. Auctions and Estate Sales – I like to go to public auctions to find items to sell on eBay. These are usually advertised in the local want ads. When I go to an auction, I am looking for bargains. Here is where you need to be careful. You also need to understand your market. It is real easy to pay too much for something at an auction. I am looking for quality bargains. I especially like buying $1 boxes at the end of the auction. A lot of people have left already and quite often I find fantastic bargains hidden in a box that sells for one or two dollars.

With the information above, and by reading up on the subject, you should be ready to start selling on eBay!

Multiple Streams of Income – Part 1

Posted on : 09-11-2006 | By : mike | In : Ideas, Store

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One strategy that I am employing to ensure the success of my transition to home-based work is to have multiple streams of income. I’ll be writing five or six posts on this topic to cover the different business ideas that I have or plan to employ. Each strategy will contribute to my income, but my plan is that one or two of them really take off.

This post is about eBay Stores. I have been buying and selling on eBay for nearly four years now. Although, I didn’t get serious about my eBay business until about a year ago. I am not yet a Power Seller, but I have had good success with my eBay store, Ten Foot Table. An eBay store is an ideal way to start selling on the internet, as it is easy to set up and eBay has taken care of all the details of running an e-commerce site. Payments are handled securely through PayPal. Start selling online today! Open a storefront on eBay!

Faith or Fear?

Posted on : 09-07-2006 | By : mike | In : Life

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The biggest obsticle to stepping out on your own is fear. I know this is the case for me. How can I leave the security of my job and paycheck to work for myself? I have been reading a book called The One Minute Millionaire by Mark Victor Hansen and Robert G. Allen. While reading, I came across a quote that seems appropriate.

“There are only two doors in life: the door marked ‘Security’ and the door marked ‘Freedom.’ If you choose the door marked ‘Security,’ you lose both.” The One Minute Millionaire, pp.324-325.

The desire for security is part of the fear of going out on your own with no corporate safety net. It will take a bold step forward to make the move. I have a wife and five children to take care of. The move has to be done well. Anything less will mean failure. So, what should be done about fear?

For God hath not given us the spirit of fear; but of power, and of love, and of a sound mind. – II Timothy 1:7 (KJV)

This passage is given to us in the context of following God and being a witness. I truly believe that God wants me to be home with my family. That is part of my witness. I have faith that God will provide a way. I need to keep working at it and taking the steps as God opens doors. The only true security is God’s security.

First Post

Posted on : 09-05-2006 | By : mike | In : Life

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I have had a strong leading for several years to be home with my family so I can lead and teach them, God’s way. This idea came to me while studying in Deuteronomy.

Hear, O Israel: The LORD our God is one LORD: And thou shalt love the LORD thy God with all thine heart, and with all thy soul, and with all thy might. And these words, which I command thee this day, shall be in thine heart: And thou shalt teach them diligently unto thy children, and shalt talk of them when thou sittest in thine house, and when thou walkest by the way, and when thou liest down, and when thou risest up. And thou shalt bind them for a sign upon thine hand, and they shall be as frontlets between thine eyes. And thou shalt write them upon the posts of thy house, and on thy gates. – Deuteronomy 6:4-9 (KJV)

This is one of the foundational passages on raising children in the Bible. I can’t get past the teaching that a father needs to be with his children to teach them. It is his God-given responsibility. It is my work to do that.

For all my working life, I have worked at a traditional job. I am gone from home 50 plus hours each week. So much time lost when I could be with my wife and children. I am grateful for the good jobs I have held and the great bosses I have worked for. Now things have changed to the point where God has given me strong leadings to “come home” to my family.

That is what this blog is about. A father who wants to work at home in order to be obedient to God and to serve my family. However, in my home, I am known as daddy. That is why this blog is named Daddy Work at Home. I hope you will join me in reading about my transition in life. I know it will be challenging and difficult at times. I believe that it will be extremely rewarding too!

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