Contents

This article is a guide to starting a successful home based business while avoiding the pitfalls of wasted time and money.

3 Pillars of a Solid Home Based Business

3 Pillars of a Solid Home Based BusinessIn this day and age it is almost impossible to maintain a decent standard of living on one paycheck, but in a family where children are involved it is not always feasible for both dad and mom to have a job outside of the home. Daycare expenses, the need for a second car, and too much time away from the children are some common drawbacks. This however is the exact situation that a Home Based Business works to its greatest advantage.Home Based Businesses are great and can be extremely profitable but without the proper knowledge and tools you can waste an incredible amount of time and/or money which defeats the purpose you started out with, namely to make money and have time to do the things you want to do. This article was written to give the average person like you and I a practical guideline to getting started in a home based business the right way, and to save you wasted time and money.My experience has shown me that there are basically 3 main pillars or principles of a solid home based business. Pillar #1: It must have minimal start up cost.A home based business that has a high start up cost will take longer to see a profit, and as we said earlier, time is one of the things we are trying to cut down on. Minimal cost will also make the home based business more assessable to a larger amount of families or individuals who are just starting out.Pillar #2: It must be easy to set up and maintain.The more complicated your home business project, no matter what it is, the more likely you are to give up out of sheer frustration before you see a profit. A business that is easy to set up and maintain will give you confidence and a sense of accomplishment as you complete each simple step in the process. Let's face it if you enjoyed wasting a lot of time and effort maintaining a home based business you would not be reading this article. This is about freeing you to spend time with your family and doing the things you love, not creating another taskmaster to replace your job! The first two pillars of a solid home based business are necessary for the third to occur.Pillar #3: It must have a quick return on investment. (ROI)You can spend months building a home based business but it there is never any real profit generated in a reasonable amount of time many people may get discouraged and give up. What is a reasonable amount of time? I would plan for a time frame on the order of weeks instead of months. Depending on the type of home based business some people have had a decent ROI within days, and unbelievable as it may sound some businesses that deal with affiliate marketing and sales can see profit as early as 15 minutes from startup!You may be thinking to yourself "that's too simple!" Let me say that within these 3 pillars there is plenty of detail to keep anyone busy. The business that you choose to start should definitely be something that interests you and possibly even something that you already have a measure of experience in doing. Whatever home based business you get involved in make sure that it is propped up by the 3 pillars listed in this article. Do not make the mistake of overcomplicating your efforts or you will see very quickly that you will get bogged down with a lot of needlessly wasted time and effort. Here's to your home based business success.

Home of 2bucks an Ad

Home of 2bucks an Ad

Get Rich Quick Scams RevealedRead this article before you consider paying for a "get rich quick" program. From: 2bucks an AdEverybody would love to make lots of money quickly, working from home, and only doing a few hours of work per week. I've spent the past two years trying to find a great way of doing this. Only over the course of the past few months have I found any "get rich quick" programs worth buying. I've been trying to make money online for a long time. I had a few small websites, but they never made much more than a few hundred per month. It was easy money and didn't require much work on my part, but I knew there were people out there doing better than I was and I knew I could do as well as them. Now, I've seen a lot of "get rich quick" programs. Most of these people make claims about earning $2000/day with Google or something similarly insane. Almost all of these people are complete liars. Even if they were making $2000/day with Google AdSense, it'd be because they had high- traffic websites with a lot of quality content. I'd know, because in one whole month, I never even made half of what they promised I'd make daily with their programs. Maybe you've already been scammed by one of these fraudsters. Anyway, I finally got sick of what was being offered. I decided I'd look through the all of the "get rich quick" programs I could find and see if there were any that were actually legitimate. I found that there were owners selling their programs for well over $100, but the information in them could be found almost anywhere online for free. Additionally, they all contained out-of-date information, had no e-mail support, no money back guarantees, and broken links in the downloads section. In conclusion, almost all of the programs I found were completely useless. The owners knew it, but they couldn't care less about their customers since they didn't offer refund policies! Amazingly, while looking through all of the programs, I actually did find a few legitimate programs. They were run by ordinary people like you and me, and they had found some great methods of making money from their home by doing very little work. I spent some time working with those programs, and my income is now ten times what it used to be. These programs provided a large amount of great information on how to make extra money on your computer doing very little work. Numerous customers had provided great feedback and reviews for their products. Many of them have started to make money just days after buying! Their programs have excellent prices, and the authors have a group of paid staff who are dedicating to helping you or providing assistance if you need any. I must say I was amazed! If you do decide to purchase any of the programs listed below, I recommend you join quickly. Most of the owners tell me they are getting an overwhelming number of sales and plan on raising prices in the near future, so order while prices are still low! To Your Online Success,2bucks an Ad

What Every Home-Based Business Owner Needs to Know About Shiny Object Syndrome

What Every Home-Based Business Owner Needs to Know About Shiny Object Syndrome

One of the greatest enemies to business success is Shiny Object Syndrome. You as an entrepreneur are probably highly creative, intuitive and optimistic by nature, and it's likely common for you to have a mind full of new ideas at any given moment.You see opportunity where many others don't and the trouble arises when you want to bring all of the ideas to life at the same time. It may also be difficult for you to say 'no' to pursuing a new idea or opportunity when it's presented because you love 'new' and 'exciting'!Some days you may feel you're chasing after many ideas at the same time while accomplishing no real progress on any one of them. In order to beat Shiny Object Syndrome it's important to pick ONE idea and focus your undivided attention on it. Of all the ideas you have in your head right now, which one has the potential to make you the most money?This is the idea you want to focus your complete attention, energy and resources on.Many other great ideas and opportunities will come your way as you work on bringing your best idea to life, but until that happens, keep a running "Great Idea/Opportunity" list where you can keep a record of these items for future attention.All of those great ideas and opportunities are useless to you if you can't bring them to full completion within an effective time frame.With your best idea at the forefront, decide on how to implement a structured plan. Map your plan into bite-size, manageable pieces and once done, focus your attention on completing the first step. Only once you have completed that step, move on to the next.Keep in mind, throughout the process distractions will surround you. When presented with an opportunity, albeit a good one, learn to say 'no' if it takes you away from your primary goal. It's often hard for entrepreneurs to say 'no' but chasing many ideas simultaneously will only put you further and further behind.So, where do you start today? Here's a brief guideline to help you along:1. Make a list of all the ideas and opportunities on your 'to do' list right now.2. Pick the one that will make you the most money and develop a manageable plan to complete it.3. When distractions arise, ask yourself, "Will this bring me closer to my goal or take me further away from it?"4. If they take you away from your primary goal, learn to say 'no'.2006 Laurie Hayes - The HBB Source

How To Start A Profitable Home-Based Online Business

How To Start A Profitable Home-Based Online Business

These days, it's becoming increasingly difficult to make ends meet with just one source of income. Thus, more and more people are investigating the possibilities of starting their own extra-income online business. Most of these part-time endeavours are started and operated from the comfort and privacy of the home and, for some, it means you can kick the day job into touch and concentrate on your home-based online business as the main source of income and a very profitable business.For those that dont only rely on their home-based online business - they are making the extra money they need, keeping busy, having fun, and enjoying life as never before. The important thing is that they are doing something other than waiting for the government to give them a handout; they are improving their lot in life, and you can do it, too!The fields of information products, software tools, consultancy services have never been more popular. If any of these kinds of extra income producing ideas appeal to you, then you owe it to yourself to check them out. But these aren't the only fields of endeavour you can start and operate from home, with little or no investment, and learn as you go.The first thing you must do, however, is some basic market research. Groups such as Yahoo and Google are great for seeing where people have an itch and where you may be able to scratch it with your online business. It is much better to find a need then locate a product to match it. That way you already have an idea that there are customers out there. Trying to find a market for a product you already have can be very difficult better to find (or develop) a product that solves an existing problemhttp://groups.yahoo.com/ http://groups.google.com/Alternatively, you can try to find an online business or product that is already successful that you can get access to. Try these resources for ideas:ClickBank Marketplacehttp://www.dpbuk.co.uk/http://www.20percenters.com/http://www.internetbasedmoms.com/If, after checking around, you get the idea that these people would be paying customers, your next effort should be directed toward the "detailing" of your business plan. The more precise and detailed your plan - covering all the bases relating to how you'll do everything that needs to be done - the easier it's going to be for you to attain success. Such a plan should show your start-up investment needs, your advertising plan, your production costs and procedures, your sales program, and how your time will be allocated.Too often, enthusiastic and ambitious entrepreneurs jump in on an extra income project and suddenly find that the costs are beyond their abilities, and the time requirements more than they can meet. It pays to lay it all out on paper before you get involved, and the clearer you can "see" everything before you start, the better your chances for success.Now, assuming you've got your market targeted, you know who your customers are going to be and how you're going to reach them with your product or service. And you have all your costs as well as time requirements itemized. The next step is to set your plan in motion and start making money.Here is the most important "secret" of all, relating to starting and building a profitable home-based online business, so read very carefully.Regardless of what kind of business you start, you must have the capital and the available time to sustain your business through the first six months of operation. Specifically, you must not count on receiving or spending any money coming in from your business on yourself or for your bills during those first six months. All the income from your business during those first six months should be reinvested in your business in order for it to grow and reach our planned first year potential.Now, dont be put off thinking this can cost a fortune. With low-cost hosting, payment processors, free autoresponders and some time searching the internet for products to sell that meet your needs this neednt be expensive.If youre planning products which are delivered electronically you have no stock to hold, no shipping costs and no inventory to manage so the costs can be very low. You can even find dropship suppliers of physical products so you can carry physical products on your site and they will hold the stock and ship it your name. Here are a few:http://lessworkmoremoney.com/http://www.unique-wholesale-source.com/http://www.suppliers.dpbuk.co.uk/index.phpOnce you've passed that first six months milestone, you can set up a small monthly salary for yourself, and begin enjoying the fruits of your labour. But the first six months of operation for any business are critical, so do not plan to use any of the money your online business generates for yourself during that period.If you've got your business plan properly organized, and have implemented the plan, you should at the end of your first year be able to begin thinking about hiring other people to alleviate some of your work-load. However, the beauty of online businesses is that many operate very successfully (and profitably) with only one or two people keeping it up to date and handling customer queries.Remember this: Starting a successful online business is not a means towards either a job for yourself or a way to keep busy. It should be regarded as the beginning of an enterprise that will grow and prosper, with you as the top dog. Eventually, you'll have other people (or even better an automated sales, delivery and autoresponder process) doing all the work for you, even running the entire operation, while you vacation in the Bahamas or Hawaii and collect or receive regular income from your initial efforts.To your success,Best Regards~~ Dawn Robertshaw~~

Work At Home Income Opportunity - Free Advertising

When a new prospect makes the decision to take up a Work At Home Income Opportunity, that is made so freely available on the worldwide web today, much confusion can set in concerning what needs to be done first. Because it is so easy to implement, they may turn to an Adwords campaign. Without understanding adwords thoroughly, a new online business owner may run into a number of difficulties. What keywords are the best for advertising? How much is it going to cost? This author has struggled with adwords quite a bit as well as with the cheaper pay per click advertising sites. Luck did not follow, only an empty wallet. The amount of money spent becomes an issue fairly quickly and then the business owner may start thinking of alternative methods of advertising that may save them a lot of money. A great deal of discussion occurs in business forums concerning how much should be spent on an advertising budget. The subject of this article is to present tried and true advertising methods that will provide the business owner with permanent, long term advertising that costs nothing! Here are 4 FREE ways of advertising for your Work At Home Income Opportunity:Work At Home Income Opportunity Articles: Find keywords that can compete against. Determine a set of keywords that draw about 10 million entries in Google that also have about 30 searches a day in Overture for the first attempt. Submit an article to an Article Directory using these keywords. In a few weeks it is very possible to find the article in the #1 spot for those keywords in Google if you submit the article to an article directory that has a high enough pr and you use your keywords effectively. This exercise will help you understand how keywords work in the search engines. Work At Home Income Opportunity Blogging: Host your blog on your own web host if you are using blogger. Theoretically, this removes the "problem" flag from Blogger.com and you can post almost anything. Join a blog feeder like Feedburner.com which gives a blog wider exposure through RSS (Really Simple Syndication). Write your own articles for your blog. You can use the same articles that you submit to the article directories without problem. You own the article, you can do anything with it you want as long as it is original content. You can also use article services like Niche Articles for your blog. Hint - Do not use sources like Niche Articles when you submit to the Article Directories, you will get suspended. They are not original content and are likely to show up all over the web because a great number of authors ignore the original content policies set up by article directories. Only use these "club articles" in your blog after hosting the blog on your own web host server. Choose articles for your blog that are based on the keywords used in your own articles and on your webpage. Always include a link back to your webpage in your article and blog submissions. This creates a number of permanent back links to your webpage which will help your link popularity and your pr ranking.Work At Home Income Opportunity Webpage: Then turn your attention to your webpage. Again, incorporate keywords into your webpage. When developing a linking strategy, use the keywords in the link title and link body to the webpage you are submitting. This includes submissions to the many free directories available on the worldwide web. You have to learn something about SEO(search engine optimization). Before long, with all the backlinks from articles, blogging, and linking, your webpage will probably show up in MSN or Google for the keywords used. If your web host has an analyzer, you will notice your keywords showing up in the search phrases. Your website is getting traffic!Work At Home Income Opportunity Forum: Posting to any forum ends up in the search engines as well. The idea for this article was first published as a post to a forum. The link back to your webpage in the signature file will act just like an article, blog, or a link. It will boost your link popularity and your pr rank.The slow methodical way is the best strategy for long term permanent growth in popularity for a webpage. If done properly, and with quality as well as quantity, increases in traffic can be seen in as little as six to eight weeks. As the pr of your web page increases, your webpage should crawl up to the number one spot for your keywords. The advantage is the traffic will only go away if the Work At Home Income Opportunity owner stops using these methods of free advertising!

5 Top Things Baby Boomers Must Do Before Starting a Home Based Business

5 Top Things Baby Boomers Must Do Before Starting a Home BusinessDon't quit your day job just yet.If you are a baby boomer looking to start a home business, there are 5 essentials things you must do first.Leaving the security of a job with an established 401(k) plan, health insurance or other benefits can create a real tug of war for baby boomers who want to pursue their dreams of owning their own business.Analyze Your Exit StrategyAt the time of this writing, the youngest of the baby boomers are turning 42 and the oldest are turning 60. No matter where you fall into this group, analyzing and preparing your exit strategy from your job will be crucial to your long-term success as a home business entrepreneur. Do you have adequate savings? If you're married, will you be able to participate in your spouse's health insurance? Create a Financial PlanHow much is your salary now? What are your fixed, variable and frivilous expenses? Creating a solid plan so that you and your family will know exactly what the financial picture will be until your business gets off the ground and starts generating revenue.Choosing a Business Model and Legal EntityThere are several business models to choose from; home party plans, consulting, and affiliate marketing to name a few. You have to make the decision based on your personality and what you are best-suited for. Choosing a legal entity for your business should be discussed with a tax accountant or your attorney. Options are sole proprietor, LLC or Subchapter S- Corp.Set Business BenchmarksYou wouldn't travel across the country without a road map, your business is the same. Setting financial and business-building benchmarks will help you to create a focused plan that will help you to reach your success.Get a PhysicalWhat does getting a physical have to do with your business? Once you leave your job, most likely your health insurance will change and as unfair as it may be, trying to get new health insurance when in your 40's, 50's or 60's can be difficult. While pursuing your dreams of a home business is something you are probably very passionate about, if you do not have good health to enjoy the rewards of your efforts, then not much else is important.The baby boomer generation is like no other before it or after it. Technically, we are considered middle-aged, but we are anything but middle-aged in mind, body and spirit. We know there is more meaning to life than a commute to an unrewarding 9-5 job, but there are also important steps we must take first. Planning and preparing for your home business now will lead to less headache's later on.

Summary

This article is a guide to starting a successful home based business while avoiding the pitfalls of wasted time and money.