Obama and McCain's VP Choice: How You Can Use Their Strategy

The Democratic Convention is over, and both Barack Obama and John McCain have made their VP choices. Barack Obama chose Joe Biden, a seasoned Washington insider, with a strong foreign policy background and criticized for talking too much. John McCain chose Sarah Palin, a young Alaskan governor that is hugely popular in her state but widely unknown and inexperienced. What were their choices based on? Will their system work for you as you make one of the biggest choices in your career: finding the right home based business opportunity?

No one really knows how McCain or Obama made their choice. Obviously, they both had teams to help them and all their choices were vetted. In the end, they chose the running mate that they believe will help them not only win the election in November, but also the person best suited to help them run the country.

Obama, somewhat weak in foreign policy, chose a well known statesman and veteran in the field. McCain, having a desire to win over the undecided Hillary and Independent voters, chose a female who he says is also a reformer. Both chose people who beefed up their credentials and helped to strengthen them where they were weak.

So how do you choose a homebased business that will do the same for you? Here are a few tips:

1. Determine your own strengths and weaknesses. You want to choose a business that will build on your strengths and not only minimize but overcompensate for your weaknesses. For example, if you are strong in personal and human relations, but weak in being detail oriented, you want to choose a homebased business that requires you interface with the public, but one that doesn't require micro management or dealing with lots of financials or documentation.

2. List your favorites. Make a list of the business ideas that pique your interest. There are literally thousands out there, so be sure to narrow your choices down to no more than five. Start broad, by category, and then begin to narrow your choices. Categorize your choices using a star system. For example, give one star to the business idea that seems to be the most fun. Give another star to the business idea that seems to be the most profitable. Give another star to the business idea with the lowest start up cost, and on and on.
The ones with the highest stars are the ones you want to begin your research on.

3. Evaluate your list. To evaluate your list, you need to be objective. I suggest using the 15 Power Points of an Ideal Business scale that was devised by financial consultants and international bestselling authors, Dr. Denis Cauvier and Alan Lysaght. They say an ideal business opportunity should...

1. Sell to the masses.
2. Fulfill a fundamental need for many people.
3. Be low risk.
4. Provide the opportunity for ongoing passive income.
5. Require a low staff component.
6. Have a stable, growing, long-term demand.
7. Have low overhead costs.
8. Have low start-up costs.
9. Have a unique quality, making it difficult for competitors
to copy.
10. Have positive cash-flow and low inventory costs.
11. Have high profit margins and rates of return.
12. Have mimimal government regulation.
13. Be portable.
14. Be fun, challenging and satisfying for the business owner.
15. Provide an opportunity to uncover other money making
multiple streams of income (MSIs).

No doubt, the vetting process that Obama and McCain took Joe Biden and Sarah Palin through, had a similar checkpoint system. Until November, we won't really know how well they did in making their choice. Plus, as we know, while the VP choice may help (or even hurt) the real choice for who to vote for comes from the top, not the bottom, of the ticket. Still, by systematically using a process to identify a home based business opportunity, choosing well becomes a much easier process. Happy Hunting!

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Regina Osei is a successful mentor and coach who teaches her Online Homebased Travel Business Team members and other business owners how to succeed in business and how to market their businesses using diverse strategies and approaches both online and offline. If you are interested in starting your own online travel business and want the benefit of a mentor who is committed to your success, join our team today at http://regina.vacationmedia.net. If you have questions, e-mail me at: reginaosei@gmail.com or call 901-221-1630(1)

The Women of YTB at the 2008 Convention

A few days ago I returned from the YTB 2008 Convention. It was my first. The first year I joined YTB, I was too new to know that I even needed to go. The second year, because of excuses I gave myself, although Prince and I had planned to go, at the last minute, we changed our minds and didn't. This year, we went, and am I glad we did! It was absolutely AWESOME! From the YTBU Training classes that were taught by YTB Directors and Circle of Champions leaders, to the Convention Opening Ceremonies to the Sunday morning church services... we loved EVERYTHING! But the real highlight of the event, at least in my opinion, was the day that the Women of YTB were featured at the 2008 Convention. It was Girl Power at its BEST.

The YTB Women Came
They processed on stage in groups of five or 10 or 20 or more, but come they did! Women of all ages, all sizes, all races and all cultures. They were old and young, Black, White, Asian, Hispanic, introvert and extrovert... you name it, they were a diverse group of women who, when they spoke (ane all did speak) they did so with passion and with POWER.

Never in my life have I seen so many women on one program from such diverse backgrounds speak so eloquently and from the heart about a company. YTB clearly has made a phenomenal impact on the lives and the DESTINIES of hundreds if not thousands of women and their families.

The YTB Women Shared
The women shared stories of heroism and courage and integrity and strength and there wasn't a dry eye in the Convention Center. Even men shed tears! As late as yesterday, I heard some men talking about how awesome "the women" were, so I asked them if any of them had wept. Without exception, those men admited that they had shed tears. It was nearly impossible not to!

The day opened with Chris Tomer (Coach's wife) sharing her heart and the struggles she experienced when Coach initially started YTB. They had given up EVERYTHING. It was clear that it had been a very painful and difficult time for her, but her love for Coach enabled her to offer silent and prayerful support. Later, after she began to really see the impact YTB was making, and after she started to meet the people who had joined YTB that her heart opened as did her arms to welcome the YTB family into her life.

The YTB Women are Strong & Powerful
Each of the women who spoke are YTB Directors, earning an average annual high six figure income, with many earning it monthly. Some are out-front and vocal all the time, and others remain primarily in the background as they give support to their husbands who are the true "builders" in YTB. No matter their position, all are POWERFUL and all have encountered and overcome untold challenges as they've climbed the ladder of success. One women in particular, whose story goes that she made it to the Level 1 Director spot while recovering from a mastectomy and undergoing chemotherapy. She said, "There were so many days that I didn't feel good. I could have stopped and had a pity party, but I decided that I would not quit. So I forced myself to stay the course... even through the pain and discomfort of chemo, and to continue to build my business." It was well worth it, she said, because as a Level 1 YTB Director, she now has paid medical insurance and a paid $150K life insurance policy, not to mention the money she earns!


The YTB Women are Absolute STARS
I am so proud of the Women of YTB. They are all stars and most recently, they have produced a book that tells many of their stories with an accompanying DVD that can be purchased from YTB for only $10. Trust me... is worth much more than that, and at $10 it feels like a steal! Whether or not you're in YTB, it's a great investment and it's a good read. If you have children, and girls in particular, it's simply a must have! The Women of YTB make me proud to be both a woman and a YTBer! To view photos and video clips from the YTB 2008 Convention, Click YTB CONVENTION and click on YTB Media Center.

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Regina Osei is a successful mentor and coach who teaches her YTB Team members and other business owners how to succeed in business and how to market their businesses using diverse strategies and approaches both online and offline. If you are interested in starting your own online travel business and want the benefit of a mentor who is committed to your success, join our team today at http://regina.vacationmedia.net. If you have questions, e-mail me at: reginaosei@gmail.com or call 901-221-1630(1)