The Strength of Education

Strength comes in different forms. A person who displays and utilizes physical attributes is considered to be strong. Someone who demonstrates calmness in times of stress or trouble could be thought of as emotionally strong. An individual exhibiting an above-average intellectual capacity could be classified as mentally strong. Educational strength, though not as widely acknowledged, is a life-changer capable of helping anyone who develops it.

Quality education produces the kind of strength life can be built upon. Its foundation is reinforced with the fortitude of knowledge, its pillars erected from the support of wisdom, and its structure solidified with the cement of confidence. Without it, the winds of chance and circumstance can blow through one’s existence like a hurricane in a treehouse.

Reading today’s reports on the challenges facing public schools would leave readers shaking their heads and thinking, why bother? Poverty, classroom size, family issues, technological inadequacy, bullying – physically and online, student attitudes, student health – obesity at epidemic levels, parental under-involvement or over-involvement, funding… when taken together, it’s no wonder such a bleak and negative picture presents itself.

Education is the Bedrock of Our Future

The truth is, we have to care because our future depends on it. The power of education is enduring, and it forms a bedrock for understanding and addressing the critical issues facing our country and the world in the 21st-century. Contrary to pessimistic headlines emanating from critics of public education, success stories are rampant in schools struggling to overcome the ever-present challenges and obstacles to daily learning.

Education, particularly in our public school system, has received a bad, and some would say unfair, rap. Accentuating the negative is, unfortunately, what makes news headlines far more frequently than positive stories which occur daily in classrooms across the country. Teachers labor intensively every day to build academically strong students who will be able to apply that strength throughout life.

Students from all walks of life are being provided quality education that will make a profound difference in their lives, and in their communities. Learning the three R’s and discovering their connection and meaning to the world outside school walls, is creating the kind of strength only literacy can provide.

Educational Strength Gives Birth to New Ideas

Educational strength gives birth to ideas and options crucial for dealing with some of the most serious issues facing the United States, and the entire planet. Discovering sustainable solutions to address present and future concerns, can only be accomplished through ongoing public education development, and a dedicated commitment to interactive instruction, engaged learning and quality graduates.

More than ever, societal issues are impacting our students and their search for a meaningful and productive life. Poverty continues to be a major contributor to academic failure. Among children under the age of 18 in the United States, 41 percent are classified low-income and nearly 19 percent – one in five – are considered poor and living in poverty.

Statistics like these represent sobering, and in many cases, insurmountable factors in the near-term, for achieving the kind of scholastic success needed to permanently reverse the continuous trend of ‘disadvantaged disengagement‘ in our schools. However, through education we find knowledge, and through knowledge comes hope. Hope for the future, and hope for a better life. We find strength.

“I did then what I knew how to do. Now that I know better, I do better.” – Maya Angelou

Lay A Good Foundation For Success In A Home Based Business

When the construction foreman and his workers start to build a new house, they must first begin with a good foundation. The plans have been made, the lot has to be prepared, and the foundation must be on solid ground. It must be strong enough to hold the house that will be built above it.

A home based business, or any business, must be build on a strong foundation in order to be successful. If it is not, there is a good chance that it will crumble rather quickly. Although it is difficult or impossible to correct a bad foundation on a house, business owners can go back and improve the foundation they originally had. If it does not work, they are able to do something about it and make changes where necessary.

People in a home based business can lay a good foundation for success by doing certain things:

1. Know what you are getting into and like what it offers
2. Be willing to put in the study and research it takes to know all you need to know
3. Set goals and remind yourself of them everyday
4. Develop a business plan of how you will achieve your goals
5. Talk to others in your field who can assist you
6. Think of others whom you can help
7. Have determination to succeed
8. Think positively about your probability for success
9. Be dedicated and work hard
10. Be willing to persevere and stick it out

It may sound like a lot to learn and do, but anything worthwhile takes time and effort. A person needs to exercise hard work and dedication to be successful. Some things from the list above need to be done immediately upon entering a home based business, and most need to be continuously observed in order for the business to take off and grow to the heights possible.

There are many types of home based businesses. In years past, there were cottage industries such as sewing and crafts. Network marketing (MLM or multi-level marketing) has been around in one form or another for decades. The concept remains the same as people are working together to create income and are paid on the efforts of those signed up under them. In this day and age, there are numerous types of businesses which are basically conducted out of the home. This allows for more freedom and less expense than a traditional brick and mortar business.

When building a house or starting a home based business, the foundation is one of the main keys to ending up with a good product or finding success.

How to Establish Yourself As an Expert Or Authority in a Top Home Based Business

Newbies to the online home based business industry always want to know how to know the quickest way to make money. My response is always on how valuable you can appear to the world. In the realm of free enterprise you only get paid on your value not the time you put in.In an effort to shorten the learning curves of all the newbies and even those that have been around for a while this is for you. If you ever want to learn how to become an instant authority and expert in the eyes of your prospect read on. The best thing is is that you don’t even have to create a product.Do Product ReviewsPeople love to read or hear a review about a particular product before they buy. Prime example is when you look to download an app on the iPhone you can check out the ratings and reviews of that particular app. Opinions matter in this day and age. You job is simple. Find a book, product, training, or person that impacted your life. Shoot a quick 2-3 minute video on how it challenged your old way of thinking and increased the quality of your life. Whatever the product or person is that you are doing a review on make sure you put that name as the keyword in the video title. By doing this your name becomes associated with the product hence making you an expert in the eyes of your prospect.Video Domination On SteroidsThis simple formula will hands down position you as an expert in your top home based business. Whatever company you are in you want to come up with 10 of the most FAQ. Do a video on each question. In the opening statement declare that you are the author of whatever eBook or video series. This makes you extremely credible. Whatever the question is make sure you put that as the title of the video. Also make sure the keyword is in there. Videos should be no more than 3 minutes long.Then do another 10 videos on the top 10 questions people should be asking about your top home based business but don’t know to ask. Follow the same guidelines above. By the way at the end of each video state where they can get more of these questions answered at. Of course you’ll be sending them to your capture page.Now when they get to your capture page, state what you will tell them, tell them, then repeat what you already told them. Explain you are giving away 20 free videos that will answer their questions on whatever the keyword is. Then on the next page which is the thank you page, tell them to find out more about how you provide an answer to all those questions click here. At this stage you are giving them an offer. Have a link that goes directly to your top home based business landing page.The last step is to use a resource called Traffic Geyser to blast this out to the net. Inside of Traffic Geyser their is an option to transcribe your videos. If you choose that option you instantly can create an e-book out of your videos series as mentioned above.The whole psychology behind the product reviews and video domination formula is that people will view you as someone that is credible and willing to help. You have pretty much cut out all the leg work for them and answered all their questions. You are a leader in their eyes and they are more likely to sign up with you in your top home based business.To get a clearer picture of how all this works and to see the top home based business [http://strategicinternetmarketingpro.com] that I recommend go here.

Building a Home Based Business With Integrity

Integrity should be the axial of any business without it many businesses are destined for failure. In the global business marketplace where many of us work from it is hard to control or determine whether everyone doing business online is onboard with integrity.Where does integrity starts? the foundation for integrity has to start with individual values set before entering into business. Our values provides the foundational strength upon which our business is built. Make no mistake poor values will relate to poor business ethics and you will never be able to build strong relationship that will develop into huge returns on your investment.Home Based Business although it may not be look upon as a big investment or placed in the same category as the conventional business, as it relates to start-up cost, however, it is a business that requires capital injection and should be upheld to the same kind or integrity afforded to the conventional business.True integrity is based on trust. It is important to provide excellent service to our customers without any questionable behaviour. Customers should know that they are regarded as the most valuable asset to the success of our business. Home based business owners and entrepreneurs will in most cases never meet face to face with their customers, that’s why it is so important for us to gain their trust through integrity in everything we do. Never offer a service that you cannot deliver. Never take people for granted in misleading them to believed that your product or services are better than someone else. That’s not to say that your product or services is not the best, but let it be the best and not a scam. To scam a customer out of their hard earn dollars is not good business ethics or integrity. Ethics as we know it is deals with right or wrong.Principals that should be exercise by all home based business entrepreneurs working in an online environment are truth, accountability, fairness and upholding the laws. These principals are critical to maintain customers trust and the industry integrity.Let us remember that public trust is critical to the success of our business. Our motto for success should be trust, honesty, integrity and accountability.

Are Home Based Businesses For Real?

When it comes to home based business the first thing that strikes one’s mind is: are home based businesses for real? When you have been staying at home and not having to do too much then some home based business is the best source for some solid earnings. This is what spikes a spark in a person to achieve greatness but most of us would be still thinking and questioning whether home based businesses are real or not.Check out the requirements for a business of own:ConfidenceYou might think about the right elements and the right directions towards any business that is home-based. The first of them is self confidence. You should be looking to have a good thought about it and you will come to have the confidence that no job can assure you the security as much as a home based business of your own can. Everybody wants a better option in order to secure his future and his family. And a home based entrepreneurship inside you can really be the answer for this concern.BackgroundThe next most important thing for a person willing to do his own business would be of the background. There should be a good solid background on which he or she would like to build a home based business.AnalysisBefore you start, you should have good thought analysis and should know that the thought is really worth a shot. There can be many ideas coming up in your mind but you got to analyze them well and for that you need to note them down. This must suppress your negative thoughts and boost you up for next steps.BudgetingAfter you have made good analysis you got to see on the budgeting side. And if your budget is good enough and suitable to your requirements then you can proceed to have a good business. In the end I would like to mention that even the impossible says “I’m possible”. So, there may be problems on the way but making good efforts, working hard would make you reach the pinnacle of success.Having cleared these will put an end to your thought of are home-based businesses for real or not.

Reasons To Start A Home Based Business?

The most obvious is for the type of income it can generate. It is so powerful that many people are using the internet to build their business.Another reason would be to free yourself from the anxiety and daily stress of a JOB! Not to have to get up everyday and punch the time clock, put in your time, go home and do it all over again. There are a lot of opportunities for anyone interested in building a home based business without having to work from scratch.What should you look for in the company?1. Unique Products with a high demand, there are a lot of idea’s out there.2. A Good Compensation Plan, residual income which really means lifetime commissions to you.3. A Marketing Plan the education and training platform.4. Company Stability, the credentials of the company, another words their reputation.5. Global Expansion, look for a company that is doing business around the world.6. Support, Will you have a mentor who is determined in helping you succeed? This is HUGE, they are people who have spent a lot of time and money already learning the business. They will literally spoon feed you the tools for your success.How can you start working in a home based business?There a many ways to get started, doing a search on the internet is a good place to start. By joining forums and finding out what other people are doing, join in and ask some questions. If you do your homework, you will start finding all kinds of opportunities out there for yourself.To get started with a Home Based Business, all you need to do is find a Company that you have researched and sign up. The key here is to simply get started then never quit.You are probably going to come across people who are skeptical of your ideas. However, if you want to start a Home Based Business, you’re going to have to start thinking like an entrepreneur and get educated. Don’t let them sap your confidence and enthusiasm, pay no attention to those who try to deter you from your goals. Keep moving forward, following all the steps that the company has in place for you. There are a lot of scams out there as well so be careful and do your homework. You can always go to the better business bureau and do a search on the company. They will give a rating and a review.So can the average person do the this?The answer is average people ARE already working with home based businesses. Are you one of them? If not, now is an excellent time to get started. Another important key element is your commitment to the training. Plug in and follow through. Therefore, if you wish to have more income while still working a 9 to 5 job, or to build your retirement income, then you should seriously consider working a Home Based Business. Running a Home Based Business may possibly be one of the most exciting and life changing ventures that you will ever pursue. As long as you follow the above guidelines.In conclusion, A Home Based Business is a smart way to begin for anyone wishing to start working at home. Start by investing in YOURSELF!

Powerful Mobile Apps for Small Business

Are mobile apps really necessary for the success of your small business? Is being “mobile app ready” worth the effort and time that you will be spending to complete the process? What benefits can you exactly earn from using mobile apps for small business? These are just a few of the many questions that you will definitely think of, once introduced to the idea of using small business applications.What Makes Mobile Apps Better for Your Business?Look around and you will see every person having his or her own tablet or smartphone. More and more individuals are switching to using such devices instead of using traditional PCs, laptops or desktops. Smartphones these days have the capability to do most of the things that the personal computer does. Smartphones allow you to search online and browse websites. They enable you to track your sales, receive emails from customers and even send promotional offers without turning on your PC. And since Smartphone’s are lightweight and very handy, they can do the said processes anytime and anywhere.Using Apps for Small Business
Enables you to connect to your customers 24/7
Helps you monitor your business even when away from home or office
Makes it convenient to take your business, with you, even when you’re out of town or traveling abroad
Facilitates customers to make purchases using just their smartphones – they can buy your product or service on the go, as against having to find your store or a computer, to place their order
Helps keep up with changing needs of the market
The good news is that creating apps for small business may not require you to hire an expert or pay a skilled developer. You can build the app on your own. You can begin the process by accessing a software platform that can help you build your own small business mobile app. If you really want your business to grow, it is worth investing enough time and effort in developing the right application for your business.Outside of your own business app, here are a few other apps that you might find useful to help you with your small business.Google DriveIt can sync and edit files from multiple devices such as smartphone’s, tablets, laptop and others. It has a free storage space that is equivalent to 5GB. Google Drive is accessible anytime, regardless of your location.ExpensifyThis app is extremely useful when it comes to managing the company’s finances. It allows users to scan and save receipts, forward reports for approval and import expenses, apart from offering functions such GPS mileage tracking, receipt sync and auto expense sync.LocalVoxLocalVox can help you market your brand effectively. It is one of those apps for small business that is very useful when it comes to marketing and other pertinent aspects.If you are interested in building your own mobile app that can power up your business, do take a look at small business mobile app platforms. The right choice can get you going on multiple platforms ranging from mobile web, to Android, iOS (iPad, iPhone) etc. as well as from start to finish in a matter of few hours with push-button ease requiring you to do no-programming, and further help you with the ability to manage your apps real-time, at any time.

Home Based Business Residual Income – The Joy Of Success In Home Based Business Opportunity Program

It seems that millions of people have dabbled into various home based business programs and spent money and time for a couple of years working themselves to death to succeed but have failed miserably and are frustrated and may have given up on their dreams of creating true wealth and financial security from a home based business.

Are you one of these people?

If yes, read on to discover an eye-opening “SECRET” which may rock your world and finally give you the little known “SECRET GOLDEN KEY” to unlock vast internet wealth and make all your dreams to come true.

Most people got fade up from doing 9-5 jobs and all the stress and hassles involved and decided to try their luck in doing home based business opportunity programs which they operate from home to generate auto-pilot cash flow.

However, most of these people are ordinary folks who have no computer programming or business marketing or webmaster or web designing or website promotion skills.

Therefore to get their home based business programs off the ground, they had to spend a lot of time and money to seek and find website designers, web hosting companies, website marketing information and had to read hundreds of e-zines, e-books as well as attend $5000 hot seminars conducted by snake oil internet marketing wannabe gurus.

Yes, there are millions of people who are making large amounts of money doing home based business programs and even affiliate programs.

Ironically, they include these so-called internet-marketing gurus.

However, the problem is these so called internet marketing gurus are slick because they do not tell you the whole truth about the “secret” to get rich doing home based business program, because they don’t want you to know the WHOLE “SECRET” and become their competitors!

They do not tell you the WHOLE TRUTH about how to generate website traffics.

If you cannot generate massive website traffics, you will not get website visitors or sales and you will fail.

There are very powerful little known secrets on how to generate massive website traffics for any home based business program.

However, the so-called gurus and webmasters do not share all the secrets.

They sell only half-truths to you for $39.99.

Half-truths are very dangerous because they complicate matters and waste your valuable time and resources.

The so-called internet-marketing gurus have told some home business owners to buy traffics from traffic companies, to do banner advertising, to do opt-in e-mail marketing or joint ventures.

Most of these internet-marketing strategies have been dead and invalid for a few years now. They do not work anymore.

There are millions of fake traffic companies selling 1000 traffics for $10, 50,000 traffics for $50 and 1,000,000 traffics for $500.

So, you spent your hard-earned money to buy their website traffics services.

They told you it would take about a month for them to deliver all the website traffics and that a report and proof will be sent to you after the website traffics were sent to your website.

So you waited for a month, but at the end, you did not get even one sale, even though the traffic company claimed they had sent 1,000,000 website traffics to your website and also gave you a proof for it.

What you did not realize was that, yes, they sent 1,000,000 hits to your website, but they were computer generated (using a script).
They are not real human beings!

That was the reason why you did not generate even one sale.

You had been conned and ripped off!

So, you felt angry, scammed and frustrated.

Therefore, you decided to try to get website traffics from the search engines.

So, you squandered $5000 to attend seminars by the so-called internet- marketing gurus and spent a lot of time reading all their hare-brained silly e-books and listening to their audio tapes and watching their videos.

From all these you probably learned how to optimize your website, do link exchange and submit your website to search engines.

But what happened after you did all these as they instructed you to do?

To your horror, you discovered that the major search engines would not even index your website for at least 6 months!

That is what is called being sandboxed.

They placed your website on probation for at least 6 months.

So, there was no way for you to get any website traffics for at lest 6 months.

Your website had not been included in the databases of the major search engines.

So, since there was nothing you could do about that, you decided to wait.

You waited and waited for 6 months.

Then luckily, finally in about 8 months they indexed it.

Therefore, you started expecting website traffics and hits from the search engines so you could finally start making sales and earning income.

But what happened when you checked your keywords positions in the major search engines?

You became shocked to discover that the largest corporations dominated all your keywords and your website could not be found in the top 100 websites in the search results!

Holy mackerel, you moaned.

No wonder you were not getting any website traffics, hits or making any sales!

Ouch. That hurts.

It was then about 1 yr since you started making efforts to earn income from a home based business program.

At that point, you were angry, frustrated and disappointed.

Who would blame you?

Nobody enjoys failure.

So you decided to fight on by hiring a website search engine optimization company (SEO or SEM) to do all the work for you so you could get to the top 10 positions in your keywords and begin to generate traffics and sales.

You plunked down $2,500 for the SEO company to work their SEO “magic” for you, in addition to agreeing to pay another $100-$250 monthly for them to maintain your keyword positions.

They told you that you should not expect any result for at least 3 months-6 months and you had to agree because you had no choice.

If the SEO company you hired was a genuine one and they did their work right, yes, in 3-6 months, you would finally start getting website traffics and sales.

Yahoo! You exclaimed out of excitement.

At last, you finally made it.

You felt happy and wanted to scream and tell the whole world.

Sales were coming in.

You were then able to start paying some of your bills, especially your rent or mortgage, insurance, medical and car loan as well as other payments.

But after 3 months when the major search engines updated their databases, your keyword positions disappeared and suddenly your website traffics as well as your sales screeched to zero!

You were back to where you began a year ago! Zero!

No traffic and no sales, in addition to having spent $2,500 and additional maintenance fee of $100-$200 monthly for about 3 months.

When you phoned the SEO company, they told you that it was not their fault and they would keep charging you $100-$200 monthly as you agreed and that you must have patience because after the next search engine update, your website keyword positions could go back up to the top 10 positions again.

You do not have to go through this. Enough is enough.

This is not how those who are getting rich online are making it.

There is a better way to get rich online without selling your soul to the devil and having a heart attack.

And what is great about it is that there is no website required, no product/services to promote, no search engine optimization needed because there is nothing to sell.

So, you do not need any website traffics or to squander your hard earned money paying website search engine optimization companies $2,500 plus $100-$200 monthly.

This little known but extremely potent and powerful millionaire’s secret of creating, preserving and propagating wealth is 100% legal, easy and fun to do.

All you will be required to do will be to open a special “INTERNET FINANCIAL ACCOUNT”, click your mouse and enter a “SPECIAL CODE NUMBER”, then click your mouse a second time and you make money.

The amount of money you make may vary from $100 every hr to $2,500 daily and even $100,000 monthly.

And you can make fast cash all day, 7 days and 365 days from the comfort of your home or office and from any country in the world.

There is no limitation on how much money that you can make.

It is the fastest and greatest “SECRET” to creating infinite wealth on the internet without doing any work.

Read my lips: no work. Nada. Zip.

This is hot stuff and that may be the reason why you might not have heard about it because the millionaires and the “power elites” who have been using it to create vast wealth without doing any work have hushed it up and jealously hidden it and kept it away from the public.

Can you blame them?

If you wake up tomorrow and discover that there is a goldmine or treasure in the ground under your home, will you place a full-page ad in New York Times newspaper to tell the whole world?

With the millions of dollars which you could potentially make from this $100,000 monthly for life, millionaire’s “SECRET”, you’ll be free like a bird to buy a mansion, with the most lavish and expensive furnishings, jewelry, antiques, electronics, a 50ft yacht, dream luxury cars, pick your choice: Lexus X470, $44,000 Jaguar 2007 S type, Silver Porsche Carrera, $180,000 Ferrari Testarossa, Mercedes 2007 Model S Class, 2007 Rolls Royce Silver Seraph, Bentley Mulsanne S, $220,000 Bentley Arnage Silver Tempest or a flaming red Lamborghini Jalpa!

You can make all your dreams in life to come true, without any hard work!

May these insights into home based business opportunity, online income opportunity, internet wealth secret, internet millionaire secret, shortcut to online wealth, home business internet money making, earn income online, residual auto-pilot cash flow program, website traffics, website sales, affiliate program, website marketing, website search engine optimization, SEO, SEM major search engines, website internet-marketing gurus, help you make millions of dollars and to achieve your life’s ambitions and dreams.

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Applying For a Small Business Loan

When you have ideas, plans, and desires in place, the anticipation of moving forward in operation a small business is extremely exciting. Only one thing can hold you back – money. Working with a lender and applying for a small business loan can be easy or difficult, depending on how much preparation you’ve put into the process.

The lender will ask for a variety of items when applying for a small business loan

1. Business Plan.

If you don’t already have one, write one. Virtually no lender will consider you for a small business loan without the organization, detail, and direction you have for your business, and all of this is stated in a business plan. For information on how to write a business plan, visit sample-business-plan.org/sample-business-plan-directory.html – Don’t be afraid to hire a professional writer to write or proofread the plan for you if you’re not confident in doing it yourself.

2. Loan Proposal.

Nearly all lenders require a loan proposal if you are applying for a small business loan. After you’ve written a detailed business plan, your loan proposal can be written. The information in a loan proposal includes details on who you are, including your experience and business desires; how much money you need and what it will be used to purchase or fund; how you intend to pay back the loan; and what your plans are if you cannot pay the loan back in full.

3. Completed Lender’s Application.

Most lenders will also require that you complete a business loan application when applying for a small business loan. Your application should be very organized and presented in a professional manner. Don’t omit any details, and be completely honest about your credit history, even if you don’t have an excellent credit rating, when applying for a small business loan. Some lenders base their loans on the character of the person applying for a small business loan, and if you’re “borderline” for qualifying for the loan, your honest application can prove to the lender that you are indeed trustworthy for receiving a small business loan.

4. Financial Statements.

If your business is already in existence, visit the lender for your interview with two years of tax records, as well as two years of business and personal bank statements when applying for a small business loan. Not all of that information may be required immediately when applying for a small business loan, but it’s better to be prepared with the information on hand, rather than have to tell them that you’ll have to bring that in at a later date. Your tax records will show the profitability of the business, as well as detail its expenditures. Your bank statements will prove that money is coming in, and that the business is already established. If your business is yet to be launched, you still need to go to the meeting prepared with both two years of tax forms and two years of personal bank statements when applying for a small business loan. This will show the lender that you are a responsible, reliable individual, that you pay your bills, and that you file your taxes in an honest, timely, and fair manner.

5. Resume

While not required for a meeting with a lender, it’s probably a good idea for you to have a current resume with you for the interview with the lender when applying for a small business loan. As mentioned, there will be some judgment of your character made at your loan interview. If this should come into play during the interview, you can easily present your resume to show your work experience when applying for a small business loan. This is especially important if you’ve worked in the field in which your business will be based. It’s also important in the instance that you have experience in a business-related area, such as management, marketing, or accounting, to show that you are capable of succeeding in business due to your experience in working with other businesses.

The bottom line is to be prepared when applying for a small business loan:

- Visit the lender with all files neatly presented and very organized.

- Present information as requested during the application process and interview when applying for a small business loan.

- Dress for success. Don’t show up at your meeting in jeans and a sweatshirt when applying for a small business loan.

- Don’t worry if you’ve forgotten anything, and don’t get flustered. Offer to drop off or fax the requested information as soon as you leave the meeting. Offer to provide any additional information that could possibly play a role in your loan’s approval.

If your business loan is not approved, don’t become frustrated. Many small businesses are declined on small business loans. Look into alternative loan sources, and don’t give up.

The Finer Points of Internet Auctions

WHAT IS A PENNY AUCTION?

Penny auctions have exploded in popularity with the massive growth of the internet. However, few people know the true origins of penny auctions.Beginnings actually stretch back to the Great Depression. Those were hard times for everyone, but even harder for farmers. Farmers struggled to bring in steady income because of droughts and crops not selling as well as they had previously. As a result, the banks would foreclose on the farmers who couldn’t keep up with their mortgage payments.

The banks weren’t satisfied with just repossessing the house, they wanted to raise as much capital as possible, so they resorted to selling off the possessions of the owners of the repossessed houses. There was not much the farmers could do about it so they began bidding ridiculously low prices, pennies, on the items while threatening others who dared to bid higher than a few pennies.

The auctions of today hardly resemble their tremulous beginnings. Being part of a penny auction today is exhilarating, fun, and addictive. It combines the selling format of auctioning with a little bit of chance factored in.Auctions are a game of strategy but also a game of luck.

The premise behind penny auctions is giving people the chance to win an item at a drastically reduced price.Auctions make that possible by spreading out the cost of the product among multiple bidders. In order for a person to take part in an auction, they must pay a set price for each bid. For example, if a person wanted to bid on a fifty dollar Amazon gift card then he would spend a dollar for each time a bid placed. If he ended up winning the gift card, then he would only have spent a few dollars for a fifty dollar gift card. Usually penny auctions sell bids in packages.

HOW PENNY AUCTIONS WORK!

The main foundation of penny auctions is the pay-per-bid format. It is the key that allows bidders to win items at the fraction of their retail value and allows the auction owners to keep their site profitable. Most y auction sites run on the same premise: people pay a set amount for each bid, whenever a person places a bid within the closing seconds of the auction time will be added, the last person left with a unique bid after the clocks runs out will win the item. There are a large variety of items that can be won, but they tend to be popular electronics or gift cards to popular stores.

There are two types of auctions: lowest unique bid auction and highest unique bid auction. Lowest unique auction sounds confusing but it is actually quite simple. A unique bid is when only one person has a bid at a certain price. Bids usually start at one penny, a bidder can then place a bid at two pennies. Until another bidder places a higher bid, the most recent bidder will be the lowest unique bid because that was the only bid at two cents and nobody bid higher. However, penny auctions generally don’t stop at one penny. It is not uncommon to find auctions that end up at a couple hundred dollars based on the popularity of the item being auctioned. However, the same principles apply for those auctions. Highest unique bid auctions follow the more traditional auction format such as eBay. The person with the highest bid at the end of the auction wins the item.

Auction site owners turn a profit by selling bids. Say twenty people are bidding on a ten dollar gift card at one dollar per bid, at the end of the auction if there were twenty bids placed in total then the site owner would have made twenty dollars with a ten dollar profit.Auctions do seem like a win-win situation:The site owner makes money while the bidder gets an item for dirt cheap. However, not everyone wins in penny auctions. The people who paid one dollar each bid but left with nothing to show for their investments will not be so happy.

HOW TO WIN!

Penny auction has a lot of chance mixed into it, but one can incorporate strategy that will help raise the chances of winning. Playing smart can make all the difference between gambling and auctioning.

The first crucial tip to winning penny auctions is to know how to manage your bids. Your goal should be to win as much as possible without spending a ton of money buying bids. Managing your bids means that you should already know how much you are willing to risk in order to win an item. The amount of capital you are willing to risk will determine how many bids you can use. Once you know how many bids you have to spend on an item, then you will be better able to manage how and when you place a bid. That will keep you from blowing away all of your bids in the first few seconds of the auction.

The next tip is to practice time management. When fighting in the trenches of penny auctions, you have two enemies: other bidders and time. Knowing when to bid is a must if you want to have success. Placing a bid when there is a lot of time left on the clock is never a good idea. You have to remember that the key to winning a penny auction is being the last one standing when the clock runs out and that each bid increases the amount of time left. It would be a good practice to wait until the last few minutes of the auction before you begin to bid.

The final tip for successful auctioning is to keep your emotions under control.Auctions have a lot of similarities to gambling, and just like gambling, your spending can get out of control. If you keep your emotions level, it will keep you from making rash decisions and blowing loads of cash. Keep your mind clear so that you can gage the behavior of the other bidders and outsmart them.

HOW TO AVOID SCAM SITES!

Penny auctions are a great addition to the web whether you want to win an item that otherwise you wouldn’t be able to afford or if you simply enjoy the thrill that comes with bidding in auctions. Unfortunately, scam sites have tarnished the reputation of the legitimate penny auction sites. However, there are ways that you can protect yourself from scamers and enjoy your auctioning without having to worry about losing your money due to dishonesty.

Checking the reputation of the auction site before you start spending your hard earned money is always a good idea. Chances are other people have tried the site before you and some of them have left reviews. The reviews are your way to gage whether a auction site is trustworthy or not. If a site is getting overwhelmingly negative reviews, then that is a clear indication that you should steer your business elsewhere.

Another tool you can use to protect yourself is checking the Alexia ranks of the auction sites. Alexia rank will give a solid view of how much traffic the auction is getting. If you see a huge difference in the amount of traffic Alexia is projecting and the amount of active bidders on the site, then warning signals should be ringing in your head. Some auction sites have been known to set up robots that automatically bid on projects in order to keep the auction going and inflate the price. That is known as shill bidding. You can sniff out those sites by comparing the traffic the site should be getting to the amount of users using this site.

CONCLUSION!

New legislation may come out later down the road that will officially make penny auctions gambling, but until then, it is a fun, exciting auction that allows one to win the item they’ve always wanted but couldn’t afford.Auctions are also quite lucrative for the site owners because of the pay-per-bid strategy they’ve incorporated. Penny auctions had humble beginnings with farmers who just wanted to get back at the banks who kicked them out of their house. More recently, auctions have enjoyed an explosion in popularity with the rise of the internet.

There are two main formats fora auctions, lowest and highest unique auction, however they both run on the same premise where the last unique bid wins the item. Winning a penny auction will require a certain amount of mental tactic and a bit of luck. However, you can increase your odds of winning by practicing certain techniques such as managing your bids wisely, learning how to work with the time, and keeping a level head and your emotions under control. When you combine those three strategies to your bidding plan, you will find that you win a lot more often.

It is important that you do your due diligence to protect yourself when participating in auctions. Not every auction is run by honest and trustworthy people. There are people out there who just want to take your money. You can protect yourself by ensuring that you only bid on sites that already have a very positive reputation from real users.


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