Climbing To The Top With Your Business with Lawrence Tam

Pros and Cons of Starting a Home Catering Business

If you love cooking, baking and serving the general public I have found it may be your calling to start up a home catering business. There are definitely pros and cons to starting up any kind of new business in today’s economy so I always recommend you consider all of your options before choosing.

Pros of a Home Catering Business

One of the biggest pros would have to be catering in general if it is something you love to do. Being able to find something you love and make money from it is like what I did with online marketing. Another pro is the fact that you can set yourself apart from some of the competition by offering foods and services that other catering businesses do not have. In some areas you may be required to do this just to see your business succeed since there is such a huge market for caterers.

Cons of a Home Catering Business

Home catering businesses are often some of the riskiest out there because you really have to work at getting your name out there in order to get clients. Food tastings, advertising, marketing and food costs can all put a damper on starting your new business so always factor in the costs of starting up the business compared to how much revenue you plan to generate. I have a few friends that have their own in home catering businesses and I saw firsthand the things they had to do in order to get the business they needed to stay afloat. (more…)

By Lawrence Tam, ago

When Can I Retire?

The pure shock of what I found out when attending a retirement seminar was looking at the real question of -> When Can I Retire?

 

Have you thought about when you can retire?

I know most don't. It's sad but true. Most live pay check to pay check so why even think about something 30 years later, right?

WRONG!

I'm 33 with 2 kids and a stay at home wife. I am the bread winner.

But….

Can I realistically believe I can retire? I mean, when can I retire if I were to try and provide the same type of lifestyle I'm living now?

I've been putting into my 401k, IRA Roth, and even buying silver the last 8+ years or so. I'm not close to being where I want to be but there are some pretty important things to think about when your thinking about when you can retire.

(more…)

By Lawrence Tam, ago

How To Get More Twitter Followers – Business Edition

One of the mysteries I had when marketing online was wonder how to get more twitter followers…

Where do I get more visitors from?

Well, more specifically where do I get REAL people to come to my website. Now, for the most part many people seem to think social media is just a fad for business and most businesses only jump on because it's the “in thing” to do.

I'm here to tell you, social marketing for business is big business.

 

Learning How To Get More Twitter Followers Will Help Your Business

So some of the questions I get all the time is how to get more twitter followers for their business but primarily their home business. Without a doubt,  many will associate a following of people as a source of traffic. In a way this is correct but I would rather share that traffic in itself is not the cure all. Sure if you have gobs and gobs of traffic that would make sense.

I'm talking about traffic that comes from a social media stream that could quite possibily sky rocket your business if setup correctly. (more…)

By Lawrence Tam, ago