You,Are,Paid,for,the,Value,Add DIY You Are Paid for the Value You Add
When starting a new work at home business it is very easy to become consumed by it. We spend so much time trying to get the business up and running that we may end up becoming burned out and lose our motivation. There is so much to learn and Normal 0 false false false MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable{mso-style-name:"Table Normal";mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-parent:"";mso-padding-alt:0in
Permission is granted for the below article to forward,reprint, distribute, use for ezine, newsletter, website,offer as free bonus or part of a product for sale as longas no changes are made and the byline, copyright, and theresource box below is included. ----------------------------------------------------------You Are Paid for the Value You AddBy Stephen BucaroThis is the basic tenet of all economic activity. Youpurchase input materials, add value to them, then sellthem at a higher price. Let me give you some examples.You run a used car lot. You buy used cars at auction, thensell them on your lot. The value you add: you found thecars and brought them together in one place. Not too muchvalue added there.Instead, you buy cars at auction. You get them really cheapbecause they need some minor repair. You make the repairsand clean the cars up. The value you add: in additionto finding the cars, you add the value of your repair andclean-up labor. Much more added value here.Another example: You join an affiliate program to sellpaper products on your web site. The value you add: youput a banner on your web site. You get a 5% commission onany sales.Instead, you buy paper products wholesale and sell them onyour web site. The value you add: you maintain an inventoryand fill orders. You get a 40% markup on any sales.Instead, you buy raw paper. With the paper, you manufactureenvelopes, stationery, greeting cards, scrap books, etc.The value you add: in addition to maintaining an inventoryand filling orders, you added the value of yourmanufacturing labor. You get a 90% profit on any sales.Instead, you use handmade paper. With the handmade paper,you create custom designed envelopes, stationery, greetingcards, handmade scrapbooks, photo albums and journalbooks. The value you add: your artwork and hand craftingputs your products in the luxury category. You get a 200%profit on any sales.This is not just a theoretical example. For an example ofa very classy web site in this type of business, visitJenni Bick Bookbinding at http://www.jennibick.com andcheck out http://www.jennibick.com/aboutartist.htmlInstructions for homemade paper are all over the web. Youcan make paper from old newspaper or even from grassclippings. Below is a list of products that you can createfrom homemade paper.1. Handmade books for scrapbooks, photo albums, or journals.2. Make old public domain classics into simulated antiquebooks.3. Simulated antique maps.4. Simulated antique stock certificates.5. Handmade paper greeting cards.6. Custom handmade paper envelopes and stationery.7. Handmade scented stationery.8. Handmade paper gift bags.9. Framed prehistoric petroglyphs on handmade paper.I'm sure you can think of many more products. This is avery good web business idea for three reasons:1. Although sites selling handmade paper and sites givingpaper making instructions are common, sites selling customhandmade paper products are rare.2. It is a niche business. Large producers can't competein the custom or artistic areas.3. The cost of your raw materials is close to nothing.Almost all the profit is from the value that you add.Whether or not handmade paper products is the business foryou, the basic tenet for any business is the same. You arepaid for the value you add. Think about your business or abusiness idea you are considering. Make a list of thepoints where you add value.----------------------------------------------------------Resource Box:Copyright(C)2002 Bucaro TecHelp. To learn how to maintainyour computer and use it more effectively to design a Website and make money on the Web visithttp://bucarotechelp.comTo subscribe to Bucaro TecHelp Newsletter Send a blankemail to [email protected] Article Tags: Paper Products, Handmade Paper
You,Are,Paid,for,the,Value,Add