« Older Entries

The Key To Earning A Full Time Income With A Home Based Business

This may surprise you, but the key to earning a full time income with a home based business is you. You are the key to your success (or failure) in this industry. In this article I’m going to explain to you what this means and how it has led up to my success in the home business industry.

When I first started in this industry, I was like the other 98% of people that fail. I was looking to make money the fastest way possible, without willing to do any work. This may not be you, but the majority of people in this industry just go from opportunity to opportunity looking for some magic button that’s going to make them successful and earn them tons of money.

I spent over seven thousands dollars (you read that right) my first year in the home based business industry jumping from one opportunity to the next. I would try something out for a week or two and if I didn’t start making money, I would blame the opportunity or program and quit. Once I realized what I’m sharing with you here today, only then did I start to see success in this industry.

I wasn’t failing because the programs I was in sucked. I was failing because I lacked the desire and willingness to put forth the effort necessary to succeed. That’s the key to earning a full time income with any home based business. Whether or not you have a genuine desire to become financially free and how hard you are willing to work to get it.

There are plenty of good, legitimate opportunities on there, but you will not be successful with any of them unless you are willing to put forth the time and effort necessary. I found the right opportunity for me, and I went into it with the attitude that I was going to do whatever it took to be successful. I was going to be patient and never give up.

I have been working from home ever since. 10% of earning a full time income with a home based business is finding the right opportunity. The other 90% is whether or not you have the desire to be successful and the willingness to take consistent action towards your success.

Tags:

3 Reasons to Start Your Own Home Based Business

You may be reading this article with a view to starting your own home based business. It maybe something you have been thinking about for sometime and haven’t taken any steps yet to make your ambition a reality. Today I’m not going to take you through the steps of how to start your own business, (you can find all the information you need in my earlier articles); but I am going to help you through the decision making process, by giving you 3 very good reasons why you should take action now and start getting things into motion.THE WORLDWIDE ECONOMYI imagine no one is in any doubt as to the severity of the global downturn. Yes, it probably started as a consequence of the greed and questionable business tactics of the world’s banking institutions, but the impact or fall-out has seen no boundaries. Thousands of businesses have shut down for ever. More people than ever we could have imagined, have lost their jobs and their plight is made all the worse because of the lack of availability of new jobs. Without jobs, people’s spending power diminishes. Without consumers, more businesses will be forced to close and render even more people jobless and dependent on state benefits.I appreciate I haven’t created a very rosy picture. The fact is, I believe in facing reality head on. No matter what politicians are telling us, things are going to remain extremely tough for at least a generation to come. So why have I started on such a gloomy note? Well, as someone once said to me, “If you don’t know where you are, how do you know where you are going?” It’s a simple bit of prose, but when you stop to think about it, it has deep significance for everyone.So where are we now? That’s simple to answer. We are in a position where we can no longer rely on traditional forms of income such as paid employment. i.e. jobs. But, and this is important, is this not the perfect time to start taking control of our own lives. After all, we have already learned the hard way, that we cannot trust bankers or politicians. In my 53 years, I cannot think of a more appropriate time than right now, to start a home based business.If you have been thinking about “taking the leap” for some time, I believe you should stop thinking, start planning and take positive action right now.AMBITIONYou may be one of the very fortunate ones who are in a work environment where your drive and ambition is not restricted in any way. Every day provides you with a new challenge for you to rise to. You have the drive, desire and opportunity to really go-for-it and fulfill your true potential. If this is you right now, you are very fortunate. Most people are not in this situation however and crave the opportunity to really make something of their working lives.Ambition is a truly great personal asset. The question is how you are going to fulfill it? From my own experience, the answer is to start something of your own. Whether you are trained in childcare, secretarial work, law, marketing, writing and publishing or simply want to turn the skills you do have into a business; seize the opportunity. Your natural ambition and drive will see you through the start-up process as will your determination and effort. Once you get going, no one or anything can halt your progress. You can be as creative as you like; as ambitious as you want to be and best of all, nothing can stop your dreams turning into reality, except you. You become the master of your own destiny. The world and what is happening in it, is no longer your focus; your business is your priority and no one can take it away from you.START LIVING I don’t want to pretend that it will not take great effort and commitment to get your home based business up and running, because it will. But I guess you already know that. Yes, you will find obstacles along the way and you will encounter unforeseen problems which you just have to deal with. You will probably even have to change track along the way, based on your initial experiences.I have to tell you though, it is well worth your time and effort. Once you get your business up and running, the adrenalin rush is huge and your raise in self esteem knows no boundaries. You’ve always had this overriding thought in your head that if you just had the opportunity, you could be successful. When you realise that you are on your way to becoming successful, you also realise that you are capable of matching your ambition. At this point, you know your life no longer has any boundaries or restrictions placed upon it. You also realise that as you become even better at managing your business, you get more of the most precious commodity in the world – time. No, not big houses, flashy boats or cars, but precious time to spend with those who mean the most to you.You cannot buy time, you can only create it. The heading above says, start living. The most valuable fruit of your endeavours is time and when you have time, you can start living, not just existing.

Effective Marketing Strategies in Product Creation

Marketing includes matters such as pricing and packaging of the product and creation of demand by advertising and sales campaigns. There are other options, of course, like product creation, resale rights marketing, joint ventures and the likes, but they are merely secondary to the above.

If you take the freelance route, it is important to ensure that all rights to profit from the final product, or any materials produced in its making, remain yours. Bookkeeping, physical product creation or delivery of goods can be done better with specialized help. Determining the purpose of the product is vital in niche product creation.

Implementation of Methodology – The choice of implementation of Six Sigma methodology depends on whether development is required on existing processes (DMAIC) or on new process/product design creation (DMADV). Determining what you really want to sell, something that you can be relaxed selling is the first step at the creation of a niche product. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts; to complete turnkey solutions, there is no excessive need to worry about spending time on the actual product sold to the customer.

For instance, you should be prepared to either perform yourself or to subcontract the completion of the following tasks:- Product idea research (are there any existing products or patents already existing for this idea)- Product specification document training (what it will do, how it will look, how will it be powered, and how the user will interface with it)- Marketing study (what it will be named, who would buy this, how much would they pay, how will we get customers to purchase the product)- Schematic or electronic circuit design process- Creation of a bill of material or BOM and an approved vendor’s list or AVL for each component in the design, preferably with multiple sources identified, with a BOM and AVL for each assembly level in the product- Printed circuit board layout design process (single sided board, double sided board, or multilayer board; size of the PCB; board material)- Mechanical packaging design with user interfaces (displays, buttons, switches, key. This removes all product creation costs from your budget as a marketer.

No other database of affiliate programs offers such a possibility for profit on either the affiliate side or the product creation site. Your chosen niche should allow for the creation of more than one product or service.

There are several marketing strategies that are necessary in the creation of a successful e-commerce web site – Email marketing (broadcasting) of prospects/customers – Effective use of auto responders (generate automatic email messages) – Online Newsletter – Online Form / Survey to capture your prospect’s email address – Electronic Product Delivery (if you sold a digital product) – Advertisement (Ad) Tracking – Back End Sales – Affiliate program etc.

Tags: