Estimated read time 18 min read
New Jobs, Extra Income & Making Money

23 Entrepreneurial Life Lessons Everyone Should Learn – Not Just Entrepreneurs

There is no shortage of blog posts offering entrepreneurial life lessons. Most will educate and inspire you. But here at IncomeDiary, we want to offer you, our dear reader, something different. A series of “not the usual” entrepreneurial life lessons… And these life lessons are not just applicable to entrepreneurial life but to everyone’s life, no matter what your career or profession. 23 Entrepreneurial Life Lessons Everyone Should Learn What makes you successful or not? What separates a successful entrepreneur from a failure? There are no simple answers to those questions. However, we can look to those who have had the most success and distill valuable life lessons that you can apply to your life and career. #1 is my favorite, #2 is something I wish

Estimated read time 7 min read
New Jobs, Extra Income & Making Money

ERP Accounting Software: Preventing Fraud

Fraud costs companies millions of dollars every year.  However, for most accountants and auditors, catching or preventing fraud is not the focus of their job. We look at what’s involved, and what potential solutions may be available to help tackle the problem.   In a recent report, auditors were found to have detected only 4{7dabfd103aa443fce219eea47f0f346a11a54ce587a1a0cbb74f06b9f7a304ca} of occupational frauds committed,  and it is not difficult to understand why.  Consider the level of attention to detail managing and keeping tabs on such a wealth of numerical data requires. To then mine said data for suspicious activity is an incredibly complex task, and it does not end with the data.     A needle in a haystack  Source  It goes without saying that there is more than one way to commit fraud. Accountants

Estimated read time 6 min read
New Jobs, Extra Income & Making Money

5 Questions to Ask Before Quitting Your Blog

The post 5 Questions to Ask Before Quitting Your Blog appeared first on ProBlogger.  This post is based on episode 90 of the ProBlogger podcast. Over the past couple of weeks I’ve talked about two of the most important things you’ll ever do as an entrepreneur: starting, which is all about acting on your ideas rather than just thinking about them persisting, which is all about not giving up when things get tough. Unfortunately, not every idea you have will be a success, no matter how long you try to make it work. And so I’d like to wrap up this little series by talking about when you might be better off quitting. Digging in the wrong spot In last week’s post I told you about the Cavanagh brothers,

Estimated read time 5 min read
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7 Ways to Use Marketing Knowledge to Your Benefit

Some people complete specific courses on marketing. Others study it as a part of their business school curriculum. Many entrepreneurs use such channels as YouTube to gain a working knowledge of the subject.   Once you understand how to market goods or services, your knowledge becomes valuable to others. The next step is to decide how to make this beneficial to you. Let’s look at seven ways together right now.    1. Set Up Your Own Company  If this is what you love, why not make a living out of it? As always, the internet can help you learn how to start your own marketing business and to generate an income. People are scouring the internet for checklists to work through. They can range from determining your costs to choosing

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Why You Should Keep Going with Your Blog

The post Why You Should Keep Going with Your Blog appeared first on ProBlogger. This post is based on episode 89 of the ProBlogger podcast. Last week I talked about ‘starting’, and why it’s the most important thing you’ll ever do as an entrepreneur. This week I’m going to talk about the second most important thing you’ll ever do as an entrepreneur. And like so many of life’s lessons, there’s a story that captures the idea perfectly. But this story isn’t mine. It’s actually one I came across while researching a project in high school. But it’s one that really resonated with me, and I hope you’ll find it just as useful. A tale of two brothers The year was 1851, and the Cavanagh brothers stood by a bend

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Why You Need to Make ‘Starting’ a Mindset

The post Why You Need to Make ‘Starting’ a Mindset appeared first on ProBlogger. This post is based on episode 88 of the ProBlogger podcast. Whereabouts are you on your blogging journey? You may be the very beginning of your journey, and getting ready to create your first blog post. You might be a little further along, and thinking of taking the next step – a second blog perhaps, or maybe a podcast. You might be thinking of launching a course to teach others what you know, or perhaps putting all that knowledge in an eBook and selling it. Whatever stage you’re at, there’s one thing you can do that will take you further on your journey as an entrepreneur than anything else. Start. A blogger’s journey

Estimated read time 4 min read
New Jobs, Extra Income & Making Money

The Impact Of A Covid-19 Vaccine On The Financial Markets

While we may well look back on the coronavirus pandemic as a distinctly human crisis, it’s the socio-economic impact of the virus that may ultimately prove to be most damaging.  According to estimates from the International Monetary Fund (IMF), the global economy is projected to contract by 4.4{7dabfd103aa443fce219eea47f0f346a11a54ce587a1a0cbb74f06b9f7a304ca} by the end of 2020, with the average unemployment rate in developed nations falling from 5.2{7dabfd103aa443fce219eea47f0f346a11a54ce587a1a0cbb74f06b9f7a304ca} to 8.5{7dabfd103aa443fce219eea47f0f346a11a54ce587a1a0cbb74f06b9f7a304ca} at the start of quarter four.  On the flip side, however, the development of a potential vaccine for the coronavirus has the potential to provide a long-term economic boost, while simultaneously improving the level of sentiment across an array of financial markets.    How has the Vaccine Developed so Far? As you can imagine, there has been something of a global

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8 Effective Ways to Wrap up Your Blog Posts

The post 8 Effective Ways to Wrap up Your Blog Posts appeared first on ProBlogger. This post is based on episode 56 of the ProBlogger podcast. You’ve said everything you wanted to say in your post, and now it’s time to quickly wrap things up so you can hit ‘Publish’. Sound familiar? If it does, then you’re missing out on an opportunity to do even more for your readers—and yourself. Here are eight effective ways to wrap up your blog posts and get as much out of those final paragraphs as possible. 1. Sum up your message Remember the English essays you wrote in high school? Chances are you finished each one them with a summary of what you’d written about. So why not do the same with your blog

Estimated read time 3 min read
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What Is SMS Marketing

Also known as Text Message Marketing, SMS marketing is an emerging trend where businesses and organizations promote their brands using text messages not exceeding 160 characters. According to JookSMS a SMS marketing involves business owners and management teams sending coupons, promotions, alerts, and specials to their target customers.  Permission for SMS Marketing Businesses and organizations must first request permission from customers to send them marketing text messages. Customers can give their authorization through an online opt-in service or contest entries. Some creative businesses go as far as sending a targeted keyword to a shortcode.  However, text message marketing is not always authorized. Sometimes the marketers just decide to randomly interrupt potential customers. Although this practice is quite irritating, it has been adopted by many mainstream advertisers where

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7 Productivity Tips for Bloggers

The post 7 Productivity Tips for Bloggers appeared first on ProBlogger. This post is based on episode 40 of the ProBlogger podcast. Are you using your time productively? Chances are you’ve set yourself some goals as to what you’d like your blogging to be. But reaching that point is going to take time. And the less productive you are with the time you have, the longer it will take to reach those goals. So this week I’m sharing seven tips I’ve developed over the years that have helped me become more productive. But first, I want to talk a little about why I needed them. Showing some personality For those of you who know about the Myers-Briggs Type Indicators, I’m INFP. That means I’m introverted, intuitive, feeling and

Estimated read time 6 min read
New Jobs, Extra Income & Making Money

Affiliate Marketing: 4 Amazing Tips to Optimize Your Campaigns

Did you know that the overall spending in the USA on affiliate marketing is slated to increase to over 8 billion dollars by the year 2022? As you can see in the screenshot below, the popularity of affiliate marketing has risen steadily during the last decade. Image via Statista Given that it can be a great source of passive income, it’s popularity shouldn’t really come as a surprise. For brands, partnering with the right affiliates can help them reach a larger audience and promote their products to bigger and new audiences.  For you, for each sale made via your affiliate link or promo code, you can earn a commission. Without putting in extra effort, you can boost your income via affiliate marketing. However, to get the maximum ROI, you