How millionaire Australian teenage entrepreneur Jack Bloomfield became an online e-commerce mentor

Ecommerce is one the true revolutions of the World Wide Web – it has revolutionised the way we purchase and sell products and services. Nowadays, online shopping has become completely safe and convenient and one can purchase all kinds of products and services.

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Jack Bloomfield

Ecommerce is a billion dollar industry composed of numerous online stores and online buyers. Since people have easy access to the internet, they can very conveniently do comparative study of products they intend to buy without going anywhere. Also, when they buy online they get great bargains.

Ecommerce can be opted for any type of sales or business. It can be for the virtual or physical items. The sale can pertain to the day to day commodities, services, knowledge transfer, etc. One can shop almost everything available online with the advancement of Ecommerce.

If you want to purchase something, you can see something that is put up for sale even at the opposite end of the world. What makes Ecommerce a better sales option, is that you don’t need to step out of your home especially considering the busy lifestyle everyone has nowadays.

On the other hand, sellers can also greatly benefit from the popularity of Ecommerce. By setting up a store for online selling, you don’t have to invest as big as compared to a brick and mortar store. When you set up a shop, you need to invest in the interior design, rent, staff, electricity, water, and other things.

Marketing products and services online is cost-efficient. there are many methods for marketing online, such as social media, direct mails, online advertisements, banner advertisements, PPC marketing and more. In this process, it is possible to reach your consumers, update them about latest offers and increase profits considerably.

Many have already found success in Ecommerce business. One of them is Jack Bloomfield, a millionaire and is now an online Ecommerce mentor. Read more about him at: https://finance.nine.com.au/2019/04/03/11/52/news-finance-australia-jack-bloomfield-teenage-entrepreneur-queensland-e-commerce-online-mentor-millionaire

What are your rights when your tenant stops paying rent?

When talking about investing in real estate, owning a rental property is arguably the most financially rewarding. The idea of buying a house or apartment and let other people live in it for rental profit may sound alluring. However, buying a rental property for income and long-term capital appreciation can have its ups and downs.

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Rental property

In managed properly, rental property investing is financially profitable compared to other forms of conservative investments such as such as bonds and dividend-paying blue-chip stocks. However risks are always present in property investing especially because not everyone has the ability to manage property and tenants.

There are a number of pros to rental property investing. One of which is the tax benefits. The government tax authority allows you to deduct many expenses connected with rental property in the categories of ordinary and necessary expenses, improvements and depreciation. What this actually means is that you can deduct your insurance, interest on your mortgage, maintenance costs, and physical wear-and-tear on your property.

Rental properties are nice for seasonal rentals. For example, you can rent your property seasonally and use it for yourself for a couple of weeks or months annually. This will be just a small percentage of the number of days that you rent to others at a fair market price—and still be able to deduct your expenses.

However, just like everything under the sun, there are also disadvantages of rental property. The most common problem landlord encounters is dealing with difficult tenants. There are some tenants that are needy or demanding, pay late, forget to turn off the water, and so on.

Being an owner and manager of rental properties is not for everyone. However there are some things you can do when you experience problems with your tenants more specifically when they don’t pay their rent properly.

Read this article for more details: https://www.perthnow.com.au/lifestyle/personal-finance/what-are-your-rights-when-your-tenant-stops-paying-rent-ng-30069a9d219e18e8326e955eb59056e4

2 simple steps to get more done in less time

Like most people, you probably have your new year’s resolution. It’s new year and you want to have a fresh start and become a better person. However, the problem with new year’s resolution is they don’t actually work. Why? Because they are simply a wish list motivated by feelings rather than by data.

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Do more in less time

After the long Christmas break, it’s actually more difficult to focus on your work whether you have a job or you manage your own business. The happy memories of the Christmas season are still in your mind so it’s actually tough to get more done in less time.

If you want to get more things done in less time, you first need to be strategic. You need to think about the reasons why you are not getting as much work done as you need to. Identify what you believe is the root of your problem with productivity, and think of solutions that address that issue. The normal causes a person to be unproductive include social media, multitiasking, chatty workmate, or you just feel tired. So if any of these distracts you from being productive, avoid it.

Once you’ve determined your distractions and found ways to avoid those, the next step for you is to learn how to prioritise. Know what tasks are more important than others. Work on your most important tasks before lunch time.

Moreover, if you want to become more productive, you don’t have to overwhelm yourself. Trying to do too much will only cause you stress, making you less productive and more anxious. So refine your to-do list, and be intentional about what needs to be done today.

Small adjustments can lead to more lasting changes, but those may take time and discipline. Check this interesting article and learn more information on how to do more in less time: https://www.flyingsolo.com.au/working-smarter/smart-time-investment-for-2019

Trends vs timeless; what style is best in the kitchen?

The kitchen is perhaps the most visited and the most functional room in the house. It is the area where we prepare our food and for most Perth residents with limited space, it is at the same time their dining area.

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Kitchen design

Many people consider their kitchens as their favourite, which is why they’ve always wanted to renovate their kitchens. Together with bathrooms, kitchens are the mostly renovated rooms. However, homeowners have to keep in mind that kitchen renovation is not an easy task, especially when choosing the design of your new kitchen.

Unfortunately, many homeowners have initiated their kitchen design without an understanding of the extent of what is actually involved in the process. When designing a kitchen, you need to consider the budget available, timeline and other issues.

Luckily for homeowners nowadays, we can find good articles online on how to get the perfect design for your kitchen. However, the challenge for homeowners is to determine which of these designs will suit their needs and wants.

Designing a kitchen for a new or existing home is a big investment in time, money and energy and it is sometimes stressful and challenging. However, most homeowners would say that the results of having a newly-designed kitchen is worth the effort and money they’ve spent for the renovation.

But before you start decide your kitchen design, you first need to determine your family, who uses your current kitchen and how, and discuss the conveniences you would like to have in the new version.

Don’t like other homeowners who design their kitchens based on trends. Interior trends have revealed over the decades some styles don’t stand the test of time. Instead, you can look for design elements that will keep your new kitchen timeless.

Here are some design elements you should keep timeless, and what you can inject some trends into: https://www.perthnow.com.au/lifestyle/home-decorating/trends-vs-timeless-what-style-is-best-in-the-kitchen-ng-b881056753z

Lessons on surviving seven years in business

If you’re an entrepreneur, what pushed you to start your own business? Perhaps, all entrepreneurs have one reason in common as to why they’ve built their business – they see potential. Potential excites aspiring businessmen, motivates them and drives them. The idea of potential propels them forward. Because they have the hope of seeing that start-up succeed, it also compels them to commit time and resources into their start-up business ventures.

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Starting a business

However, running a business is not that easy especially the early years. The true test of launching a start-up company is making it through these rough first years. Thus, one should have perseverance in order to succeed. You need to keep going!

At first it could be surprising, but the majority of successful business owners have more failures than successes. The only thing separating them from failure was their refusal to stop and their inability to simply call it quits. In order to keep up on today’s heavy hitters in the game is by having true determination. Also, it is what will keep you going further than you thought you had the strength to.

Another important thought to keep in mind is to focus not only on your problems, but opportunities as well. You should know how to divide your time on how handle both. Normally in entrepreneurship, there are so many issues to troubleshoot and problems to solve in the first years that it can really pull one’s attention away from opportunities.

Commit some time on thinking about new opportunities. Focusing on the opportunities and the potential is what ultimately powers you up. Work on the problems you face, but also carve out time to commit to new advances.

For more on surviving the first years in business, read this blog post: https://www.flyingsolo.com.au/startup/running-your-own-business-lessons-on-surviving

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