Preparing a Business Plan – 4 Important Factors to Consider

A business plan is a written outline about a whole new project that tends to deliver something new or unique in addition to keeping in mind the economic and practical feasibility of that project.

Having said that these plans about a project should be feasible in all aspects, preparing it would take lot of accurate calculations. So, here are some of the important things to be taken care of while preparing a business plan.

The readers should understand that it is a decision-making tool. So, everything should be accurate, to the point and absolutely possible. For example, the objective of the project should be clearly mentioned and the all aspects in the particular plan should be working towards achieving the object. It should not deviate even one bit. The presentation of the plan should be clearly understandable.

When you prepare a business plan, it is very important that you do not look it from your own perspective. It is the global market that you are going to concentrate when you present a plan. So, try to bring in facts, details and calculations about the competitor in the same field and how your plan is better than the competitor.

The main aim of your plan is to get someone to support your new venture. If you are clear about the competitor and the market, it is invariably true that you will impress the audience.

Another important thing to keep in mind while preparing a business plan is to never make assumptions or to give baseless calculations. The people analyzing your plan are highly qualified and aware of every tiny bit of information you give during your plan presentation.

Sample Roofing Contractor Business Plan Outline

Is it worth writing a lengthy business plan for your roofing startup? Business plan preparation can be time consuming and many entrepreneurs are tempted to go ahead without one unless they really need it to prove the viability of ideas to partners or investors.

Your roofing business will not be a huge, complicated business for a few years anyway so why bother? Well, while I would not suggest that you spend months writing a 100 page report, it could be useful for you to have a 10 to 20 page document on your PC that can be your company blueprint for success. You can make changes to it as you slowly learn more about the business.

It will be the key document that sets out exactly how your business is run. If done properly you should basically be able to hand this document over to somebody when they buy your business and they can take over with very little of your time needed to explain things to them.

Here is a brief business roofing business plan template to give you some ideas on how to put your own together.

Contents Page and Executive Summary

This should be a summary of your entire roofing business plan. If you will be presenting the plan to interested parties then let them know the contents. Include a basic summary of your plans to start a roofing business. Outline the opportunities that you see in the market and what you plan to do in order to capture a piece of the pie for yourself.

Background in the Roofing Business

Prove to yourself or others why you are cut out to go into this business. List details on your education and any relevant experience that you have had in the roofing industry or in business in general. Outline your reasons for wanting to start a roofing business.

Mission Statement

Set out your company mission or philosophy in a few words or a short phrase. Try to think about what you want to achieve with your business apart from profits. You should be driven by a desire to deliver a quality service to people in way that satisfies them and provides great value for them while still allowing you to meet your goals. What kind of products and services do you want to deliver? How will you be different from all the other roofing companies?

Business Goals

Set out the goals that you have for your business in its first few years. Set realistic targets that you know are attainable so that you will not be discouraged if you do not meet them. Success can be measured by a number of metrics such as the total number of roofing jobs completed per month, the percentage of leads that become new customers or the productivity of your employees for example.

Startup Requirements

List down all of the products and services that your company will offer and then set out a list of equipment and inventory that you will need to get started. If you need to buy a truck then you will be looking at minimum startup costs of around $ 20,000.

Startup requirements will also include compliance costs. Depending on what state you are operating out of you may need a contractors license, insurance, bonding or to comply with a number of other relevant regulations.

Do not forget that as well as purchasing all of the necessary roofing equipment you will also have to purchase materials for your first job. Clients will typically pay a large chunk of your total invoice upon completion of the job so you will have to foot the bill until you get reimbursed when they pay their invoice in full.

Structure, Ownership and Management

There are four basic options to consider for your business structure and they include sole proprietorship, partnership, corporation or limited liability corporation (LLC).

Outline how your business will be owned and make a note of the various parties that may have an ownership stake.

Set out a management structure so that there is no confusion among those involved with the business as to who is responsible for managing each part of the business.

Marketing Plan

Identify your target market both by location as well as other demographic factors and describe the kind of people or properties that make up your target market. Include the results of any market research that you do or local industry statistics that you are able to gather.

Set out a detailed plan for your roofing business marketing. This should include how you plan on getting enquiries, converting them into new accounts and maintaining them over the long term. It should also include brand development, pricing, advertising, a sales approach and other marketing methods.

Competitive Analysis

Write up profiles of your main local competitors and try to understand how they run their businesses. Borrow and adapt characteristics of their business that work and look for weaknesses in their business models that you may be able to capitalize on. Figure out how you will differentiate your brand from theirs in a way that allows you to stand out in the market.

Operations

Include details of the day to day operations of the proposed roofing business. Make a note of your office location, business administration and record keeping systems, plans to hire employees and procedures regarding roofing installations or repairs.

Financial Analysis

Outline some of the methods that you could use to obtain financing for your new venture.

Create a spreadsheet that shows anticipated cash flow forecasts over the first few years of business for a variety of scenarios. You can then determine how profitable you think the business will be in a number of different economic climates.

You will be able to find many free business plan examples online but it can be harder to find a specific sample of a roofing business plan. There are some business planning software programs that you can buy but they are usually just generic business plans that have been adapted anyway.

Unless you can persuade other roofing business owners to share their plan with you then you really have to look at templates from other industries and model your roofing business plan on them.

Confessions of a Network Marketer's Spouse – Are You Cheating On Your Spouse With MLM?

Let's talk about something that seems to be very common in the network marketing industry but rarely gets talked about.

Are you cheating on your spouse with network marketing?

Network Marketing can put a lot of stress and strain on a marriage. It can be the root of much resentment and unspoken tension, sometimes leading to the ultimate demise of a relationship. Here are a few personal tips and suggestions on how to grow a successful network marketing business while maintaining the integrity of your marriage and family!

Here is an actual note my husband wrote me three months into me joining my new company.

Dre,

Since you've started your new business I feel like you have divorced me and married your network marketing business.

We do not spend time together, you're always gone and when you are here you are on the phone, having a showcase, or on the internet. I feel like you've left me all alone, and it's not fun being around you because all you talk about is your business. If you put as much time and effort into me and your marriage as you put into your business I'd be the happiest man in the world.

Though I may not understand the industry or how much time and effort it takes to make it, I do know that it is ruining our marriage and our friendship and somethings got to change. Please stop putting me on the back-burner and remember that I am your first love.

Your neglected husband!

As network marketers, we may be ruining our relationships with our wives, husbands, boyfriends, girlfriends or significant others and not even realize it. When I first read his letter I was like "What the hell are you talking about this is my job, I'm trying to make money for our family so we (me and you) can have the flexibility to do whatever we want whenever we want. And you're complaining? – you did have a problem when I was working 50+ hours a week as my corporate job. So where is all of this coming from? "

After having a serious heart to heart with my hubby, I realized that though I thought I was doing something good for our family I was neglecting what made us happy as husband and wife and as best friends.

Where is the tension coming from?

What I saw as tireless passion and focused determination to learn my business and build a successful empire he saw as obsessed craziness. I became that spouse that you had to beg to come to bed, had to pry away from the computer or bribe to get to do anything that was not related to building my business.

It's not that I wanted to spend more time on my computer researching and reading about what the top-earners where doing, trying to find the magic bullet that would take my business to the next level. It 's not that I loved prospecting more than I loved talking to my husband. It's not that I wanted to hang out with my customers or prospects instead of having date night and cuddling with the man I loved. I was doing what I was doing because I was Sick and Tired of Being Sick and Tired and MLM was my way to get to where I wanted my family to be. MLM would set us FREE!

So with my husband's sentiments heard, it was time to have a heart to heart and in an effort to communicate and resolve our "issues," here are some suggestions which I recommend you implement immediately if you want to get your marriage back on the love train.

1. Be in Agreement – You and your spouse need to be on the same page as to your reasons for enrolling and the vision you have for your company and your family. Determining with your spouse a common vision for what you want to accomplish and being in total agreement about the direction you want to go as a family is of utmost importance. Enrolling against your spouse's knowledge is an absolute no-no and comes off as selfish and inconsiderate. If your spouse is not supportive then you may be fighting an uphill battle making it hard for you to succeed. Give your spouse a clear understanding about why you enrolled so that they have the complete story and all the facts in order to make a proper and justified decision in their support of your business.

2. Create a Time for Business and A Time for Family – There should always be a clear-cut schedule laid out for business time and for family time. Determine together blocks of time that are appropriate for work related activities and blocks of time for family activities, romance, church, so on and so forth. Once you've agreed to the schedule, stick to it and if there needs to be an adjustment discuss it and get the approval of your spouse first before committing to doing something that was not in line with the schedule so their are no surprises. Nothing is more important than your family, not your business, not your sponsor or upline, not a showcase, nothing! Learn to say "no" or "I'm not available at that time can, can we reschedule?" Make sure to turn off your phone during family-time as well, it will not kill you if you a call goes to voicemail. I promise!

3. Set "Office-Time" – No one needs to be recruiting, prospecting, doing meetings, or sitting in front of the computer all hours of the day and night. Again, be in agreement about how many hours a week are acceptable for you to devote to your business.

4. Prioritize Your Day – Know the night before what you have to accomplish for the next day. It will help you focus on what's important and you will efficiently and productively move through your tasks. Establish a marketing plan and a routine, outlining your activities, so that you are not mindlessly working all day, coming to find that you really did not accomplish much because you were unorganized and not focused. If you have a set time for making calls, prospecting, training, personal development, etc, etc. marked in your calendar, you'll find your day will run much smoother and you will not be frazzled at the end of the day or better yet when family time comes around.

5. Communicate your failures and your successes – Many times, the best ideas come from our spouses. Whether or not they are totally on board, share with them your trials and triumphs. Communicating with them lets them know you care about what they think and value their opinions and suggestions. By including your spouse in your business, not only will they get a better understanding of the industry, they will start to realize how hard and committed you are to making it successful.

Do all you can to have your spouse in your corner. Hopefully these simple suggestions will help you, your spouse and your business stay on one accord so not only will your financial freedom flourish but your marriage and family will as well!

What I did not share with you was my husbands PS in his letter. He said:
Dre –
"Do not ever give up on your dreams" You're passion is what I love about you … just make sure you share it with me a little more often!

My husband is my best friend, and my ultimate supporter. So with that said, spouses, support the passions, visions and dreams of your mates and MLMers never forget your first love. Success is nothing is you do not have anyone to share it with!

How To Make Money With Facebook – Simple Facebook Money

The query of how to make money with Facebook is stirring up all over the web. Reason being, Facebook is not only the most widespread social media outlet on the planet right now, but in the past month if you check on Alexa.com you will notice that not once, but TWICE – Facebook passed Google in world wide traffic for the first time – making them the most popular website on the internet.

Do you not feel like doing a little dance? Congratulations Facebook – you've beat down the man – twice, in a month – & no other site has done that for 5 years. therefore the question becomes – what does all this mean to your business – & from what source can one literally make money with Facebook?

Before I get into the 'how' it is important to understand the reason Facebook even surpassed Google – & the reason is simple: more & more folks are utilizing the web as a social means. People do not have time to spend a few hours with neighbors at the coffee shop all the time anymore – hence instead, they're hanging out on Facebook, many times multi-tasking as they are working their day job!

Consequently if that is the reason WHY individuals are on Facebook – then it is easy to discover HOW to make money with Facebook. You have to be social! I notice folks all the time doing this completely backwards. They are out there on Facebook spamming their affiliate links and multi-level marketing biz opp links on everyone's Facebook wall praying that someone will click on the link and just 'automatically' buy their affiliate products or join their multi-level marketing opportunity. What's the difficulty here? that is not even remotely social! If you are trying to make money on a social network, you can not just be the sales person that keeps throwing 'stuff' on the wall & hoping some of it will stick. (Pardon the expression).

The good part is, you can be social on Facebook without even having a million friends – or even thousands of friends for that matter. I only have around 400 friends & use Facebook as a profit generating machine – I just do it completely differently than most other people. The key is to provide valuable facts to people rather than simply coming out and trying to hustle them something. For example, if you are a member of a multi-level marketing group on Facebook, instead of posting your biz opp links on the Wall, post a 'how-to' video or content on something you are good at in the network marketing industry . Perhaps it is sponsoring – maybe it's having the right mindset, or being tenacious & not stopping until you make it. Whatever it is, post it on the Facebook Wall there & allow people the opportunity to 'get to know you' by means of your article or video before you jump right out & sell them on your business.

Think about it – when you find affiliate links all over your Facebook Wall or a Facebook group you are a part of, do you ever feel tempted to click or purchase anything from that person? If you're anything like me, you are no doubt just totally annoyed that someone spammed your wall or your group wall and you click the little 'x' to remove the spam and block the user. right? that's what I do. consequently to make money on Facebook – do not be that person – be the one that stands out from the spammy mess.

Characteristics of a Good Paragraph

Many writers are eager to write their ideas into several paragraphs and to submit their work when it is over. However, you also need to learn on how to determine the quality of your paragraphs. Know how to determine the characteristics of a good paragraph.

Not all the paragraphs are the same. Some are good, others border on clutter. How do you make your paragraphs fall on the side of the former and avoid the traps of the latter?

  1. Your paragraphs should be unified. That means all of your sentences are geared towards pushing a central idea. Which idea? Now's a good time to look at what you actually wrote on the topic sentence.
  2. Your paragraphs should be clearly linked to the main thesis. If a paragraph has nothing to do with the main thesis, it should not even appear on your paper. Make sure the relationship is not lost on the reader.
  3. Your paragraphs should be coherent. Each sentence on the paragraph should lead right into the next, demonstrating a logical organization that sufficiently develops the idea.
  4. Your paragraphs should be well-developed. That means your ideas are sufficiently rounded out and adequately discussed, ably aided by supporting evidence and illustrations that clarify the main points for the reader.
  5. Your paragraphs should be correct. By correct, we mean it demonstrates adherence to the proper rules of grammar and sentence structures (if you need help, check out a writing improvement software). Readers should be able to read it, after all, without risk of misunderstanding.

Important Functions of a Business Plan

Today all entrepreneurs or small business owners know and respect the importance of a business plan. But to most of them the benefit it has for their company after it has been used for an investment remains hidden. Therefore, it is important as it plays an important part in the growth and development of your business.

Business plans are documents that clearly describe the goals of the company along with all major and minor details regarding it. It is almost like a blue print of how you plan to build your company or organization. At the same time it plays the role of a medium to communicate through for investors and banks.

Not only does it guide your company towards its goals and accordingly the strategies are thought of, but even the management of your business relies on the business plan. Before you have written a plan you only have faint idea about what you plan to achieve and the milestones you wish to conquer. After the plan is written, the aims are clarified and you set up a plan of action. It describes everything about your organization.

Its position in the market and your products or services, a brief background story, your target customers, your budgets, your finances, strategies etc. it contains all details regarding the amount of money you need for starting up or carrying on. It is a financial tool.

The final, ready business plan can provide guidance to entrepreneurs for organizing and creating ideas to move forward. It would also contain details of where your company stands now, where it is going and where it plans to go. You can break down the goals into milestones to be achieved in a year.

If you have not upgraded your Company's business plan, now is the time, a lot depends on it.

You may wish to You . Read more at: You may wish to . Read more at: Writing a Simple Business Plan and Sample and Example Business Plans for You

Benefits of Mobile App Development for Business

With the fast pace development of mobile applications pioneered by Google, Blackberry, and others, you can now use innovative mobile app development to create your brand awareness among huge numbers of existing and prospective clients in minimum time with much less effort and in a cost effective way. A mobile application is ideally suited for small and medium businesses to keep their clients and others informed about promotions, upcoming events, and much more. It can help them in the process of customer retention, and at the same time, create a wide customer base. This is a far better alternative than sending messages through e mails, which will require much more effort and time without not knowing whether the intended person has read it or not and considers less interaction by the recipient. Through mobile app development, you can get instant acknowledgment from your customer who will be happy to think of himself as someone special in having received such personalized messages and deals.

A mobile phone application will help reach into markets at far reaching places through Google Play, Blackberry, or Apple App Store, Symbian, and other online markets and through social networking sites such as Facebook, Twitter, and others. Besides being able to send information to customers, mobile app development has other unique features, which include GPS coupons, analysis of applications, and push notifications. Reach your customers within the shortest possible time, and get an instant reply, which will help you to analyze your marketing strategy. Small and medium businesses like law firms, restaurants, bars, realtors, non-profit organizations, and many more are destined to benefit through mobile app development.

It is through mobile apps that the gap between customers and businesses is narrowed where each customer is able to keep track of their own activities with a particular business house in a smart way using their mobile phone. Mobile app development will help small and medium business organizations to gather contacts, and then use them for marketing campaigns and providing customers with an easy method of to contacting you with one-touch applications such as calling customer services, GPS directions to your nearest store, email and messaging, and website link. Receive instant feedback from customers through postings on a wall, make instant reservations at restaurants, or convey comments in various ways. The use of a mobile application will allow you to create tabs for every type of information that you want to apprise your customers such as menus, samples of newly launched products, added services, and other information on marketing.

Uploading and downloading unique mobile application for developing your relationships between your business and customers, you will receive credibility in the market while expanding your client base. Start building up your customer base now to reap the rewards.

I am associated with a multimedia company, and I am researching mobile applications to help in the marketing strategy of business organizations.

Crowd-Funding May Not Be the Best Way to Finance Your Business

It began with the passage on April 5, 2012, of the JOBS Act, officially known as the Jumpstart Our Business Startups Act. No, not the concept of crowd-funding. That's been around for several years, thanks largely to Kickstarter. I'm talking about the federal government's involvement in crowdfunding. Without the hyphen, incidentally, is the other popular way to spell the process whereby people with ideas – or causes – attempt to convince people with money-to-spare to contribute to their particular idea or cause.

The JOBS Act added a new dimension to crowd-funding – a group of people called investors. Prior to April, crowd-funding was loosely based on a system best be described as "donation-and-reward." In return for you donating a small dollar amount to my idea or cause, if I reached my stated funding goal, and if what I said I'd create with that money became a reality, I'd send you a sample of my product. .. or a T-shirt promoting my cause. Simple enough, right? Donation and reward.

That JOBS Act, however, allows people with significant amounts of money to now "invest" in small and start-up companies. And, because the rules for "investing" fall under the Security and Exchange Commission (SEC), the JOBS Act has given the SEC until Jan. 1, 2013, to draft and implement rules and regulations for those who want to invest in companies defined by that Act.

There's a significant difference between investors as defined in the JOBS Act and "donors" under the original crowd-funding concept. Investors loan money with the intent of getting it back, either with interest or in the form of stock in the company in which they invest.

Under the original "donation-and-reward" program, if the person seeking a certain amount of money reached his or her stated goal, each person who donated to that goal basically kissed his or her donation good-bye. If the project to which they contributed became successful, each donor got a "reward," whatever they'd been promised when they made their donations.

Crowd-funding under the JOBS Act is not going to be the answer for every type of business. The most money – the smart money – is will likely fund high-tech businesses or those that best satisfy a major consumer need or want. And that funding is virtually certain to go first to companies that have a well polished, written business plan.

Yes, a written business plan, the curse of so many owners of small and start-up businesses. With JOBS Act crowd-funding, a well written business plan will be a must. No one smart enough to have amassed enough money to invest in a business will be foolish enough to invest in a company that lacks a well written business plan. Those investors will want to see financial projection – sales, profit margins, manufacturing and labor costs – at least three years of those projections, along with other pertinent information.

Is the effort to attract such investors worth it? At this point no one knows for sure because the SEC regs are barely in the drafting stage and likely will not be implemented until early 2013. Meanwhile, crowd-funding using the time-honored, hassle-free "donation-and-reward" system continues to thrive.

Why A Business Plan Is So Important For Your Success

If you have decided to start your own business, one of the first things that you need to do is to work on a business plan. A business plan is so important because it actually serves as a compass for the direction your business will take in the future. Having a plan will also help you achieve the things you want to achieve and will help your business to find success as well.

Consider the Details

One of the reasons that having a business plan is essential is that it will help you to consider the details of your business and its' future. As you are working on your plan, you will probably find that there are many aspects of your new business that you have not considered. Getting started with a business plan will help you to save money and time since you will be able to deal with issues before they become a problem.

Helps You Get Funding

Another great reason for having a business plan is that it can help you if you are trying to get outside funds for your business. Most lenders and investors want to see that you have a clear business plan before they take a risk on your business. Having a plan already drawn up shows them that you are serious about being successful at your business. If you are going to show your business plan to potential lenders and investors, make sure that the figures you use are accurate so your plan is credible.

Management Tool

Starting a business is a huge job and it is helpful if you have something that can help you manage the business. A business plan can act as a management tool that can help you focus on where you are and where you want to be in the future. This will help you to keep your daily tasks well managed and will also help you to accomplish long term goals as well.

If you decide to go without a business plan, chances are that your business is going to end in disaster. You can use a business plan throughout all stages of your business to guide your business towards success. While it may take some time and energy to get a business plan together, in the end it will be well worth taking the time to get it done right.

Reinventing Yourself After Sixty

Sixty years of age is a key milestone for the baby boomer generation. Some say sixty is the new forty with all the advancements in medicine and health consciousness. The fact is, people today are living longer and enjoying a higher standard of living and better health than did their parents and grandparents. According to the 2010 statistics published in The State of Aging and Health in America by the Centers for Disease Control and Prevention (CDC), the average life expectancy for American citizens has increased to 78.5 years old.

Since people are living longer, the years from age 60-80 have become a very important period in the lives of senior citizens. These are the retirement years. This demographic has fewer career and family responsibilities than other age groups, plus more money and powerful spending potential from investments, and large equities in their homes. They know what activities are fulfilling and have the spare time to learn and do new things. Rather than stay home and watch soap operas, many seniors are now starting new financial enterprises and activities such as stock trading, golf, travel, running a new home based business, volunteering, working in their church, participating in community groups and committees, sports , or joining new social circles such as dance groups, card clubs, fraternal organizations, and country clubs. For those who want to reinvent their life, all of these activities and interests are proving that this period of life can be very fruitful, productive, and fulfilling.

Retirement is different for every individual according to their personal situation and when they plan to retire. For many, a lot depends on their social security income and when they elect to receive benefits. The monthly benefit amount varies according to when a person retires. For seniors born during 1943 – 1954, the full retirement age is 66. Some will choose to retire as early as age 62, providing they meet the 40 minimum earned credit requirement, and their benefit amount will be reduced depending on how many months they receive benefits before they reach full retirement age.

Conversely, there are those who plan to delay retirement and work up to age 70, or longer, in order to draw an increased monthly benefit. Those working past age 66 and born during 1941 – 1942, will receive a 7.5% increase, while those born in 1943, or later, will receive an 8% increase up to age 70.

For many seniors, plans for an early retirement went down the drain along with the equities in their homes when the economy slipped into recession and many people lost their retirement nest eggs. Those not forced to extend their career will no doubt retire, however, those who must work until age 70, or longer, will be forced to reinvent themselves, like it or not. Here are some basic guidelines to help those who will have to experience the ordeal of change during their peak retirement years.

Before you can reinvent yourself, however, you need to take an inventory to see where you are now and determine where you want or need to be. This self-evaluation should include as many aspects of your body, mind, and spirit as you can identify. You need to examine your present belief system and determine your values, your ethics, your morals, and your attitude. One of the primary things you need to evaluate is your ability to change and how you handle stress and new circumstances. You will find that there are some things you can change while there are others that you can not. It is not true that an old dog can not be taught new tricks. Just because you are sixty or older does not mean you are set in your ways and can not adapt.

Remember, nothing changes if you change nothing, or can not change, so for those who are motivated to alter their present lifestyle and situation; here are some suggestions to help you plan your own metamorphosis and get the ball rolling. Change begins with taking the first step and with baby steps thereafter. Change need not be so dramatic and stressful, or traumatic, but rather it can be a very pleasant experience composed of curiosity, discovery, experimentation, and acceptance; resulting in increased self-esteem, pride, and a new feeling of self-worth and renewal.

Reinvent Yourself Socially –

  • Get involved with others. Meet new friends. Join clubs, committees, and online dating services to maintain communication and interaction with people with common interests.
  • Do more things together with your spouse … take dance lessons, attend a pottery class, play bridge, go swimming, join a health club or country club, golf, browse thrift shops and book stores, watch videos, etc.
  • Do more things with your children or grandchildren … attend their functions, help with homework, teach them a craft, go to the zoo or a ball game, bake cookies, tell stories, or go shopping together.
  • Volunteer at your church or fraternal organization. Organizations always need organizers and workers and directors. Attend regular city council or town hall meetings and get involved in your community. You can also become a companion to shut-in seniors in nursing homes or visit patients in the hospital. Local government always needs volunteers for voter registration, jury duty, planning committees, advisory boards, and similar positions.
  • Get a cell phone. It does not have to cost much. You can use a pre-paid minute phone and learn to text message on it. Texting will keep your fingers nimble and your mind sharp. Just do not text message while you drive.
  • Get a laptop computer and get on the Internet. Join one, or several, social networking sites such as Twitter, Facebook, MySpace, or any forum that interests you. Surfing the web is a great way to improve your social skills and to stay informed and connected with current events.
  • Host more dinner parties, barbeques, or get-togethers with friends, neighbors, family, suppliers, customers, and coworkers.
  • Join a network marketing business and attend meetings and recruit new members.

Reinvent Yourself Mentally –

  • Take personality tests in books and online to find your personality type, temperament and preferences
  • Join luminosity.com and participate in their program daily.
  • Play mentally challenging games such as chess, bridge, poker, Sudoku, Mahjong solitaire, and cross-word puzzles.
  • Attend lectures and take personal development classes at a community college or monitor any classes on subjects you are interested in. For example, if you are an art lover, consider taking a primer on Art History. If you have artistic skills, consider taking a drawing or painting class. Learn a new language for an upcoming vacation trip, or just for the sake of challenging your ability to speak a new tongue. Many people devote much of their lives to raising children, building careers, or both, and never took the time to learn new things, so now is a good time to learn something new.
  • Read more and watch less television. Write your autobiography or articles on various subjects that pique your interest. Learn to speed read. Try to read at least one book a week. If you do not have the spare time, then subscribe to an audio book club and listen to at least four books per month to stay informed.
  • Start a new hobby or expand an existing one. Collect rocks, stamps, coins, or go bird watching; whatever brings you joy and satisfaction. Make a little hobby area where you can make candles, do pottery, grow plants or bonsai trees. Learn to paint landscapes or portraits. Learn to knit or crochet or perhaps you want to finally restore that old car out in the garage.

Reinvent Yourself Physically –

  • If you want to reinvent yourself quickly and effectively, stop smoking, stop drinking alcohol, eat less red meat, eat more vegetables, stop eating fast foods, take vitamins, and exercise more. It's the same advice your doctor and mother probably gave you in high school and just think if you'd followed it back then, where would you be now? I know you did not want to hear this again, but it was true then and its true now.
  • Join an athletic club if you're looking for moderate activity with some social aspect, or join a walking group, or start one with your neighbors. Keeping fit and active is vital to make the most of the years after 60. Play tennis, racquet ball, or ping-pong with friends, or join a team sports league for bowling, volleyball, soft ball, or some similar sport designed for senior adults. The exercise will keep your energy up and the interaction with other participants will enhance your social life.
  • If you are on a tight budget, get more aerobic exercise any way you can. Walk, swim, ride a bicycle, or climb a hill at least three to four times per week. Increase your heart rate up to training levels lasting for twenty minute durations. Do something to work up a sweat. If you are overweight, then try to exercise at least three times a week for a minimum of twenty minutes each time to increase your metabolism and burn more calories. Cardio exercise is recommended, but check with your doctor first. Compute your body mass index (BMI) and follow guidelines for your ideal height-weight ratio. If you can not be active, then try yoga or tai chi or chi gong exercises which will strengthen and stretch your muscles, improve your breathing, balance, and coordination.
  • Pay more attention to your diet and eat less. Stay within the recommended calories per day for your body and try to maintain your proper weight in proportion to your height. Your diet should contain fewer simple carbohydrates and more vegetables and fruits. Avoid fast food, sugar, salt, candy and try to eat more green salads. Try juicing and eating more dinners with less red meat. Fasting one day a week is also highly recommended.
  • Take food supplements and vitamins. Visit your health food store and start reading more information about your health. You should take a multi-vitamin supplement daily at the very least, but you can also custom design whole cocktails of supplements to accentuate and support desired conditions and specific areas such as memory function, eye sight, digestion, diabetes, stress, sleep, heart , liver, and colon cleanse.
  • Determine your body and blood type and follow the recommendations for your category. Check your blood pressure and pulse daily
  • See a medical professional for exams; at least twice a year, and have a complete blood work performed at least once a year. A complete annual physical exam should include monitoring blood pressure, temperature, blood oxygen, peripheral circulation, weight, listening to your heart, examining your body for lumps, moles, lesions, abrasions, bruises, and examining your mouth, ears, nose, throat , feet, and genitalia. Women should receive a pap smear and men should have their prostate gland examined and a hernia exam.
  • See your dentist at least twice a year, or if you have dentures, schedule an annual exam to ensure your dentures fit properly and your mouth is not changing which could result in discomfort or sores later on.
  • Develop an active lifestyle … which may include boating, hunting, fishing, skiing, jogging, bicycling, and similar activities if you are able.
  • Get adequate rest; at least seven hours of sleep is recommended with a twenty minute long nap after lunch. As people age, they tend to need less sleep, but do not become a night owl and stay up late. If you snore, ask your doctor about the potential for sleep apnea and follow his advice. If you find yourself sleeping a lot, especially during the day, or experience fatigue with wide spread flu-like pain, then ask your doctor about anemia and fibromyalgia. Do not sleep your life away.

Reinvent Yourself Spiritually –

  • Attend your church, temple, or religious group regularly. Spiritual growth enriches life and gives hope and support for difficulties that arise as you age. You may wish to join yoga or a tai chi group in your community or attend Bible studies or even make a pilgrimage to some city or country that you have wanted to visit all your life.
  • Volunteer at public organizations, religious functions, food banks, free clinics, blood donation centers, parks and recreation departments, and local animal shelters so you can give back to your community by donating your time. Volunteer for an organization or cause that you truly care about. If you have loved animals all your life, then volunteer to walk dogs, socialize cats or organize fundraising events for your local shelter. If you have previously supported development projects in other parts of the world, contact the organization and ask if you are able to volunteer your time in your community as well. No matter what you do, reinventing your life after 60 should be about making your life the one you want to live. You only go around once, so make it count, and do it your way.

Reinvent Yourself Emotionally –

  • Change your diet so that you consume less alcohol, less fat, and eat more foods that support serotonin and dopamine production in the brain.
  • Fight bouts of depression and seasonal affective disorder (SAD) with SAMe and herbal supplements and exercise.
  • Find someone or a pet to love. Love is the best medicine for almost any problem and you can never get or give too much of it.
  • Laugh daily. Surround yourself with positive people who cause you to laugh and maintain a positive attitude despite difficult situations. Watch comedies more often and find funny and interesting videos on YouTube.com and similar web sites. Read funny stories, jokes, and watch uplifting and inspiring television programs.
  • Do not live alone. If you can not live with family or friends, find a roommate so that you always have someone who can look in on you and keep you engaged. Loneliness breeds fear, solitude, depression, and withdrawal.
  • Join a senior center for regular companionship and scheduled activities such as potluck dinners, bingo, card games, and music entertainment.
  • Visit family members often and call them all on a regular basis just to stay in touch. Remember birthdays with a card or gift and try to attend all holiday dinners and traditional get-togethers.
  • Nothing improves your self-esteem better than changing your wardrobe. If you have always wore blue jeans, then buy some nice slacks. If your old shoes have seen better days, then buy a nice new pair of shoes. Try wearing a suit around once a week; that will perk you up. When you look good, you feel good.

Reinvent Yourself Financially –

  • These are hard times. If the economy has robbed you of your nest egg and forced you into austere circumstances, then you may have to swallow your pride and apply for public assistance. With high unemployment, you may have no choice. You have to eat. Contact your local food bank, Health and Welfare office, and any free medical clinics for assistance. Do what you have to do to get by until things improve. Make the smart move. Do the right thing. This is a temporary economic condition that will pass.
  • Instead of retiring early, or at the regular age; work longer and your monthly social security benefit will increase when you do finally retire.
  • If you lost your life savings when the "too large to fail" banks collapsed, then you may be reluctant to save or invest. However, making safe investments is still one of the best ways to increase your net worth. Consider safe growth stocks.
  • Day trading and saving your money in a bank are not good ideas. Consider buying tax deed certificates (paper trading) from county governments which yield high interest rates.
  • Finding employment that pays a realistic living wage is tough these days. You may have to return to school and retrain in a new occupation or field. For example, there are many loggers and construction workers who have switched to become insurance salesman, truck drivers, welders, CADD drafters, project managers, inspectors, and similar alternative occupations when their industries collapsed during the recession. Search online and find the best source for your training and secure a loan, or pay as you go, in order to acquire the knowledge necessary to change careers. It will be worth it.
  • Consider moving to a new city if you can not find work in your community. If you have always wanted to live in a different location, take the opportunity to do it after 60. If you want to test out living in a new town without committing long-term, sublet an apartment or room for a couple of months. Check with the Chamber of Commerce and Senior Centers for recommendations. If your children have already relocated to another city, try to visit them and check out the area before you commit to a permanent relocation. If you do not want to change cities, but do want to see more of the US, consider using a recreational vehicle for part of the year. You can live in RV parks and stay in new locations in comfort, providing the weather and fuel prices cooperate.
  • If you are inclined to gamble, then trading in binary options online promises higher gains in a short period of time with a potential of earning thousands of dollars monthly from the comfort of your home.
  • Start an online affiliate business. Create a web site with affiliate links that point to major league suppliers like Amazon.com and ClickBank.com, and drive traffic to that site to earn sales commissions. There is a learning curve involved, but the dividends are well worth it.
  • Turn your hobby into a small business operation. If you enjoy making things, you can sell your crafts on eBay, in local auctions, craft fairs, at garage sales, and at farmer's markets. Make your venture low-risk and stay focused on something you like doing, regardless if sales are adequate or consistent. Reinvest some of your profits back into the business to grow and earn more income. Do not forget to take all your tax deductions.