>Forex Trading - The Next Hottest Home Based Business? Posted by nick_niesen on October 29th Sean Mannion Rush Jersey , 2010
When running a home-based business, a person quickly gains knowledge of how the business world works. Whether it be selling crafts, doing a home delivery business, or selling real-estate, after investing a lot of time and effort into a home or small business Josh Kline Rush Jersey , a person quickly becomes aware of the few basic business truths that govern business.
One of those truths is that you have to have time and money to start a small business or any business for that matter. More often than not, the people that have the time don't have the money to invest in a home-based business and the people that have the money don't have the time. With Forex Trading, it is quite possible to generate an income with a small time investment per day, after studying FOREX for a few months, and a very small investment as little as $50 in some cases.
The second truth Dru Samia Rush Jersey , and these are probably quite obvious to most people, is that in order to make money a business has to have some sort of product to sell or perform some type of service. In the FOREX world, nothing is being sold and no service is being performed, but rather money is being exchanged. You are making a profit based on the actual exchange value of one currency against another currency. This eliminates the need for employees, such as customer service personnel and human resource people if your company were to become that big.
Also Alexander Mattison Rush Jersey , because of the huge size of the FOREX market, trading nearly $1.5 trillion dollars a day, such things as social events, bad publicity, and changes in political climate will have no effect on your business. In fact Irv Smith Jr Rush Jersey , after studying FOREX, you will be able to see how these things will actually benefit your FOREX business.
The third and last classical business truth is that most people are prevented from starting a home-based business because they don't feel good enough about themselves. They don't feel like they're educated enough. I read stories all of the time about people that feel passionate about something or they just pick something that they are relatively good at or have done before and start a business. They just take a chance. If you want to do it, step out. Take that first step. Don't drop any huge sums of money, of course, but do a little research Garrett Bradbury Rush Jersey , make a small investment and start your adventure down to the road to FOREX trading. You don't need a doctorite degree to get involved with FOREX trading, but after a couple of months of good study, it's quite possible to generate a significant source of cash from FOREX trading.
Abraham Maslow, one of the founding members of humanistic psychology, outlined a 鈥榟ierarchy of needs鈥?in an influential paper Dalvin Cook Rush Jersey , wherein the fundamental premise was that any social grouping moved through a set of developments from 鈥榖asic needs鈥?to 鈥榚motional fulfilment鈥?in the form of a pyramid. The lowest 4 needs are referred to as deficiency needs that are there because of lack of something and they need to be satisfied first in order to move on to higher level needs.
Maslow鈥檚 research describes what drives individuals in general but is it possible to apply it to businesses, particular to datacenter businesses? Yes and in fact, applying Maslow鈥檚 hierarchy to organizations offer a powerful insight into business prioritization. Business priorities, especially of Datacenters, could be defined as analogous frameworks to Maslow鈥檚 hierarchy of needs. Using the Maslow framework Mike Hughes Rush Jersey , business priorities could be aligned and determined. So, how does it all relate to your choice of datacenter? Data are the brain of the company and data center, where your critical resources are housed, is a significant investment for your company. It is really important that you choose a right colocation service provide to ensure a good return on your investments. The colocation provider should be able to help you run your business effectively and also support the growing needs of your business. Even if they all may appear similar, all datacenters are not equal. By applying Maslow鈥檚 hierarchy of need to the colocation partner in choice Kirk Cousins Rush Jersey , you would be able to reassess where they stand and that would help you narrow down on the best colocation facility depending on the needs of your business.
The first need which finds mention in Maslow鈥檚 鈥榟ierarchy of needs鈥?is the physical need. For colocation provider that would mean fulfilment of basic needs required of a colocation provider. The physiological needs which you should look for are uptime and availability. Check whether they have good provision for connectivity, power and cooling.
The safety need should be derived from whether or not the colocation center is safe and protected, both from natural and cyber-attacks. The colocation provider should be prepared to face any kind of disaster without any disruption to your business.
The third need is the need to belong and for datacenters, it translates to being a part of network ecosystem. Knowing how well the colocation provider is connected to its partner ecosystem of cloudSaaS would be a key when your own company needs access to these ecosystem. Opt for providers offering support.
The next step would be to look for the vision of your colocation provider. As your company grows, your colocation provider should be able to scale with you.
At the highest level sits the strategy. What is the competitive edge that the provider is offering you?
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