Starting a Home BusinessWork from HomeBe a Work at Home MomMake Millions Working From Home I CANT TAKE IT ANY MORE!!!!! So why does everyone want to work from home?? Ill tell you why, because working 9 to 5 SUCKS!! Hey dont listen to me, here are the stats: According to The MicroEnterprise Journal In the last 25 years, self-employment has grown by almost 300%, fueled by waning employee loyalty and growing worker dissatisfaction. And the US Census Bureau reports that 90% percent of all U.S. businesses employ between ZERO and FOUR workers, making this the fastest growing segment of the business community. See I told you!Everywhere you look on the Internet were bombarded with sites peddling work at home opportunities. The stats prove it, were all looking to get out of the 9 to 5 rat race. The biggest problem is that MOST of the so called work-at-home related websites are so bogged down with clutter, fluff and double talk that youd have to be a friggin robot to find and process the information you need in order to understand what the heck to do. So where can an Idiot like me get the information I need contained in a simple, concise format thats easy to understand and follow? Well nowhere really. Thats why I wrote this article and condensed the whole process down into 5 Summarized Steps, so that maybe other Idiots like me will have a fighting chance in hell to get out of the Rat Race.Idiot Step 1:SELECTING a business simple enough rightwrong. Questions to ask yourself: What do I like to do? What will make money? What is available? Can I make Money? These are tough questions. These days, most people are scouring ways to make money on the Internet. If considering a TV or Internet program, do as much independent research as possible on the program youre interested in and find something that fits your personality so that you will excel no matter what.Whatever you do use common sense and don't allow desperation to influence your decisions. Start-Up Nation - www.startupnation.com offers SOUND advice and has tons of RELIABLE resources for selecting a home business. Idiot Step 2:PLANNING your business. You will have to have some form of a business plan before you get started with a home business. Even if you are the only one that will ever read it, you should definitely put a plan together on paper. An informal business plan should contain a start-up budget (money you need to get to the point of doing business) and an operating budget (money you need on a weekly basis just to keep doing business). Be certain to include all overhead expenses and be sure to include a budget for advertising. Also you should note any significant milestones you hope to achieve and list your financial goals in a time-line fashion. Idiot Step 3:FUNDING your home business. Every business has start-up costs and your new home-based business will be no different. As the old saying goes You need money to make money. So where do you get the money you need to start? The simplest way for home business owners to get the money they need is from the principal owners own pocketsthat means YOU! Like myself, many "work at home" entrepreneurs simply use their own savings to fund their businesses, using money from personal resources such as Savings Personal Investments Credit Card Advance Sale of Assets Second Mortgage Loanare all ways to finance a small business start-up using your own funds. The alternative to funding it yourself is to apply for a small business loan. The biggest issue there is that unless you have sufficient collateral, or any related experience in your field of business, you may not qualify for this type of loan. The Small Business Administration - www.sba.gov has a TON of information and resources for start-up businesses. It contains valuable info on locating financing and it contains several links to other business resources, planning tools and calculators. Idiot Step 4:STARTING your home business. Once youve chosen your great new home business, and have got your starting cash in reserve, its time to get you up and running. But before you do, you will have to do some preliminary work just to get to the point where you can actually start operating. Two-thirds of all small business are solo operations. Therefore, when youre a one-man band, you must wear different hats and assume several roles as the head of various departments. Youre the CEO, sales manager, director of marketing, director of finance, the shipping clerk, receptionist, the janitoryou get the drift Fonzi?Because of your heavy load, you need quality office equipment, supplies, software and business services to keep you, I mean your departments, running smoothly and at peak efficiency. Choose the right office equipment and machines that will keep you operating at peek efficiency.Idiot Step 5:MARKETING your home business. Now that youve got your business funded and operational you will need to implement a marketing and advertising campaign so that you can start attracting customers and finally start making some money. This isnt Field of Dreams. If you build it, that doesnt mean they will come. In order to draw customers to your business, you MUST do some form of repeated advertising, and you should definitely have a plan in place so that you can budget it into your overall Business Plan when you first start. A good place to start is by reading Jay Conrad Levinsons series of Guerilla Marketing books. This is standard reading for any small business entrepreneur. You can learn some very useful and basic techniques that will help you form a great and inexpensive plan. Everything contained here was condensed to fit into a short article format. Obviously theres a bit more to it. But if this Idiot' can do it, so can you. Just don't be intimidated. Start off really, really small, maybe just part-time to start. Take one step at a time. But whatever you do, just get off your keister and get started!U can do itjust dive into it Duh Idiots Home Biz Start-Up Guide 2005 A Covert Operations, Ltdwww.starting-a-home-business.org
In strategic planning they always tell you that you must always have a contingency plan. This means that you must create different probable scenarios of what could happen during the process of your original plan, and create a plan for each probable scenario.Of course a plan is made because we need to reach a certain objective. Our objective in this case is to generate an income that would enable us live a kind of life that we aspire to live. Since we do not have any money to start a business on our own and generate that kind of income we revert to the usual plan which is to find a job and then find our way up the organizational hierarchy of the corporate structure. Let us see what probable scenarios can come up here:1)We are very successful and at the top of our game. We are moving up the corporate ladder and our income is nearing our goals and could very soon surpass it. This is the most dangerous of all scenarios. It is very hard to cross our mind to take a moment and think what if something went wrong and all this success was taken away. We all know that corporate life is never safe and anything can happen at any time. Even if we succeeded and were able to become at the top level of an organization, one day will come that we will have to retire and stay home. What are we going to do then? 2)We are working very hard but for some reason we do not seem to be progressing. What usually happens here is that we start looking for another job that would satisfy our needs and our growth expectations and plans. We always think that the other job is greener and our chances there for development are greater. When we finally make the move, we realize that we have ran away from the previous problems with the old job, just to realize that we are facing a completely new set of problems with this new job.3)We feel that our work is not appreciated and there is danger at any time that we might lose the job that is generating an income for us, and we say "an income" because we are still far away from what we aspire to achieve.The above are not all the life scenarios that exist; as you may have your own established and successful own business which is not home based or online. Still we would say that diversification into Home Based and specifically Online Business is essential. I would only take the factor of the explosion of the internet and the abundant opportunity that exists there and stop the conversation there. You can think of all the above scenarios either as separate examples or phases of one person's life cycle. So we need a plan "B," a contingency plan for these scenarios. Of course we can complicate things further by creating a different set of solution plans for each scenario, but that means that we will have to run into writing a long report of about 100 pages.So let us look at the different probable solutions we have at hand:1)Investment Options such as stocks and other similar options: This could be a good option for the first scenario, but it is also highly risky. This solution will not cater for the retirement part which involves not having anything to do after you leave work. Still no one can deny that this option could turn out to be extremely rewarding.2)Always keep yourself in the market so that you can switch jobs at any time. This tactic has many medium and long term disadvantages. But top of mind disadvantages include:a.Not going anywhere in any organization because you are not giving it enough time.b.Your chances of finding the next job could gradually diminish as your CV will show the unsteady behavior.c.You will not concentrate on the job at hand since you are always looking for the better job.d.And many more disadvantages3)Have your own business: This option seems very good, but if we are looking at it in terms of investing a lot of money and borrowing from the bank to be able to operate the business, then this stops being a plan "B." This means that you are already changing lanes without even signaling. Although it can be rewarding, but again we have to stress that this is not a contingency plan. This means you are changing your plan.4)Home Based Business: Now this option is similar to the previous one but with a twist. Because home based business does not require a large investment and does not require your total attention and devotion for it to succeed, you can for sure call it a plan "B" since you are still working at your job. Advantages of this solution:a.Low and in many cases extremely low initial investmentb.You do not have to work full timec.Does not require you full attentiond.You can work at your own set hourse.If anything goes wrong with your original work, then you can shift gears very quickly and you will be able to absorb the shock without any panic.f.And many more..All the above advantages could become disadvantages if you don't take your home business seriously. If you keep postponing things you need to do and making it the least of your priorities then this business will not see the light of day.A home business is a wonderful thing to have working for you especially when you don't need it. Because then you will be working relaxed and enjoying what you are building for your future. You will not be stressed out and wanting it to succeed in one month. With a home based business you have to be patient and consistent and eventually you will achieve your dreams.
When you have taken the first step to strike out on your own with a home based business, it is particularly important that you set a high standard for yourself by setting realistic goals and a solid a plan to work with. It is alright to start your home business on a part-time basis, and is often actually preferable. But while it is o.k. to do it part time in the beginning, you can't do it in your spare time. You have to work a set number of hours each week if you wish to fulfill your goals. I suggest you have a clear set of standards and protocals set up to guide you through every situation. That is what the successful corporations do and you would do well to follow their proven example. Even though your home business will start out small, you should treat it like a big business. That means detailed planning, properly entity selection and so on. This will give your business room to grow. Think of it as a tree that must be watered until mature. But once mature it may bear fruit for many years and require far less effort to maintain.If you have made the jump to entrepreneur, you probably know that you are a little different from most other people. This is because there are certain clearcut differences between employees, the self employed and individuals who are business home owners.Those who are employees usually seek security. They often feel that they must have a paycheck and believe that being their own boss, investing in their own home-based business is just too risky.You could even say that they are addicted to getting a paycheck.People who are self employed, like plumbers or doctors fall into another category completely. They are usually perfectionists who think that they and only they can 'get the job done right'. But when such a person goes on vacation, so does his income. But as a home business owner, you know that you are cut from a slightly different cloth. Other people may openly wonder how you can operate without the mental safety net of a paycheck. But you secretly know that no job is completely safe anyway.
To be successful with MLM online, you need to consciously make the decision to succeed. Unfortunately, this is not the mindset with which most people begin. Usually, people will decide to try out MLM to see if it works. This may or may not lead them down the right path. In order to succeed, you need to decide that success is your goal. With that goal in mind, you must then plan out the achievable steps that you will need to take in order to achieve that goal. You will need to put your heart into your vision of MLM online success. Your heart is your motivation that will bring you success, and should therefore be considered the true power behind your earning potential. You can achieve anything you want with your MLM online business as long as your heart is in it, powering your mind and your efforts. People with whom you network will feel the heart in your words and will be much more willing to deal with you than a similar candidate whose intentions arent as passionate.You must educate yourself about Network Marketing and MLM online to truly maximize its potential. MLM is an extremely powerful success tool that can greatly impact your life and your income as long as you understand it properly and can use it to your best advantage.Put your commitment in writing. Either formalize your agreement with your sponsor in writing, or simply write out a contract with yourself. This agreement should lay out your responsibilities as well as those of your sponsor. This is a very powerful success tool as it solidifies your commitment both to your MLM business and to yourself.Get a calendar and a personal agenda book and use them. Plan out the time that youll be spending on your business, and stick to this plan. Indeed, a palm pilot is an alright solution, however, many people find something very effective about actually hand-writing your commitments. Learn to neutralize the negative. If you dont, then they will overpower you and inhibit your ability to succeed. Negativity and objections are issues that every person in any business will need to deal with at some point. Whether they start with you or someone else, you need to be able to neutralize these harmful elements so that they work for you instead of against you. By mastering these points, youll be off on the right foot to having a successful MLM online experience.
You are more than likely coming here as a follow up to my Part 1 of 5 article on creating an online business.Today I'm going to talk about affiliate selections. When I say affiliate selections, I am assuming you are wanting to offer a product or service for other companies, on your site. You will need to identify those companies.I would suggest have a good variety of choices for your customers. You will need to make a different landing page for each group so that when a customer comes to your site; they will be taken to the product or service they are looking for.Remember the goal is to set your web site up so that you are a middleman offering products and services to the visitors who frequent your site. You won't have to get involved in the process. Once they click a link they will be taken directly to the companies web site. The companies will then pay you a small referral fee for each sale or lead. Think about how many millions of people you have access to through the Internet. Amazing isn't it?Last article we talked about finding a proven system, whereby you are given a template web site that can be easily modified to accommodate your products and services. You probably have already thought of some of the affiliate companies that you would like to offer your visitors. Here are a few of the criteria I would suggest looking for when identifying the companies you wish to deal with: * Identify companies that you feel, after researching, that have viable products or service that your visitors well need and want. You can have the best product in the world, but if no one wants it you're not going to make any money. * Check for any history or feedback from existing customers using forums etc. * Identify companies that have a money back guarantee and actually honor that guarantee when asked. Move them to the top of the list. Protect your customers as much as possible. They will be loyal and return to your site when they need something else. Encourage feedback on the companies you offer. * Check the respective companies payout record to affiliates. * How long have they been in business? * Ensure that the company offers step-by-step guidance for the product or service they provide. * What type of customer support will your visitors have?These are just a few of the many criteria that need to be looked at. When reading forums, remember not every article has to be positive. Sometimes it's simply not a good fit for that particular person. Often times good companies get a bad reputation on forums simply because the person realized they were going to have to do some work. Nothing is free. Look at how many positive posts there are to negative posts. I can assure you the largest of companies have some unhappy customers that have posted negative things on forums. Look at the big picture.on the other side there are many scams out there that need to be avoided if possible. This can be done in part through your research. You will either need to use a website like mine, but not necessarily mine, or be prepared to do a lot of research yourself.Once you have identified the companies you want to offer your visitors you will then need to add either them to your site with your appropriate affiliate link so you will get credit for the sales. This will take a little time, but be patient because you are building the foundation of your business. It does no good to have an incorrectly typed link that pays you nothing. Check to ensure that your affiliate links are tracking properly.In my last article I mentioned that you can choose to pay someone else to develop, and maintain your site or learn how to do so yourself. I think it's important for you, if possible, to be able to modify and maintain your site.Please feel free to read both this article or one of my many others by visiting my link in the resource box below. I always enjoy getting emails pertaining to my articles or my site. Your feedback is important to me.