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Is There an Easy Home Based Business Around?

Everyone wants to know if there is an easy home based business. Just the fact that 97% of home business opportunities fail should be a clue that no business, including a home based business, is easy. Hard work and dedication is required in any business and this is definitely true for a businesses that is run out of your home as well. And if there were an easy one everyone would be doing it and raking in the cash. So, the short answer is, no there isn’t an easy one.

The Difference Between Easy and Simple

If instead you said ‘is there a simple home based business around’ the answer would be yes. I say this because the process of setting up and running a business from home can be very simplistic. For example, find a company that you can partner with, study their training’s, apply the training’s and use any mentorship or team work that the company offers. So, an easy home business with the mentality of ‘all I do is join and I start making money’ doesn’t exist. That ‘easy’ mentality doesn’t work for any other part of your life and won’t lead to success with a business whether it be traditional business or a home business.

Reasons Home Based Businesses Fail

A home based business has unique difficulties of its own. Unlike traditional businesses which, even though still owned by you, have employees, partners, customers that expect you to be open and many other things that hold you accountable, a home business usually has few or none of these to keep the average person on track. People are used to having a boss or co-workers that they are held accountable to. When these things aren’t in place people tend to slack off and not take the time and effort required to make a business work. In other words people don’t treat the home business opportunity like they would a ‘real’ business, and then wonder why it isn’t working for them.

Another reason the failure rate is so high in home business industry is because anyone can start one even if they have no idea what they are doing or have had any previous experience with owning a business. The average person can’t start a franchise for example because it usually costs hundreds of thousands of dollars in the first place. On top of that the franchisor requires certain training’s and sometimes previous experience in a related field before they will okay the franchise for the person. These two reasons alone usually keep anyone that isn’t completely serious about putting 100% into making the business work from starting a traditional business in the first place.

This isn’t the case with home based businesses. Many home business opportunities can be started for under $1000 which makes it affordable for most people. This is also the problem many times. Since the person didn’t put a lot of money into the business in the first place it is easy for them to quit when it gets hard or they lose focus and just let the business slip. This wouldn’t happen if the person had hundreds of thousands of dollars invested and had to make it work because they left their former job meaning the business was the only thing paying the bills.

How to Prevent Failure

A mental shift has to happen to make your home based business successful. The person has to treat the business like it is a ‘real’ or ‘traditional’ business. If that mentality is not taken on the business will fail. The training’s that the company you decide to partner with offers must be learned and implemented on a daily basis if you hope to succeed. There is going to be a learning curve for any business you start, and if you don’t keep up with it your business will suffer. Take advantage of the mentorship and teamwork most home businesses opportunities offer. Having team members and experienced leaders to hold yourself accountable to always helps. Take your home business seriously and you will become just as successful as you would with any other business out there.

Want to Start a Home Based Business?

Want to Start a Home Based Business? Here are some tips you should know

I have been a mother working from home for about 7 years now and have thrived in the flexibility that this working lifestyle has given me. I spent years wondering where my children were and what they were doing.

Now I work when I need to, how I want to. I no longer trade time for money like I use to when I was working weeks of long hours. The life style I have just would not be possible working in those traditional parameters.

It allows me to run my children around town, attend various school activities and still have an adult life of working and earning a very decent wage!!

The web has opened up the world to Online marketing opportunities, its no longer constrained by physical locations and slow communications.

Just the other day I overheard fellow mothers talk about how they could not attend their son’s award presentation because they had to work, and got to thinking how lucky I was!

Until I thought…no I’m not lucky, anyone can do this! You just need to know how, so here it is, the keys to starting a successful home based business:

Choose a Business Opportunity

Use the web to search for a business opportunity that might suit you. Make sure that the business meets the key features of an online business opportunity.

  • The product of the business should be unique and in high demand
  • The business needs to be financially beneficial to you through its compensation plans
  • The business must have an established and proven marketing system
  • Training and support must always be available at all times of operating your business
  • The business must be expanding
  • A top online business opportunity will have a credible management.
  • Have a look at the businesses bigger picture.

You can read about these in more detail on my Blog

Create a budget for establishing the business and keep accurate records

  • All top online business opportunities cost to set up and run. If you come across a “free, get rich scheme” RUN!! There is no such thing. Some legitimate online businesses will offer a guarantee, or a 30day trial period, and that’s fine, the basic truth is that they will all cost money. So establish what you can afford and stick to it.
  • Investigate the various marketing methods their cost of effectiveness. A list and explanations of some marketing Techniques are listed on my blog.
  • Make sure that you run the books of your business as you would any other. This includes opening a business merchant account where all your earnings will be deposited and expenses withdrawn. Savings are important to have held for slow times (and they do occur!)
  • Make sure you keep accurate records and keep receipts for Taxation purposes and your accountant. The government has a history of auditing home businesses more often.

Make sure that you get training and Support with your business.

  • Another reality of online home businesses that you might not want to hear but is important for you to be aware of is that 97% of online businesses fail!! These fail because these businesses did not support the would be entrepreneur. Unless you are a highly experienced online marketer you will be killed in this industry unless you have a proven turnkey marketing system behind you.
  • You have to understand the importance of leverage and advantage of marketing duplication. Make sure that the business you enter into has a good system behind it. Read lots and always listen to top producers!!

Your home work space

  • Make an area that is your own workspace. Make sure it is spacious, bright and well ventilated. It is a space that you need to spend some time in so it has to help you to emit a professional persona.
  • Have a dedicated fax and phone line to this area for your business so that you can keep a professional image. Use an answering machine for this line as well.
  • Rent a post office box and use that address on your promotional mail and stationery, doing this will make it less obvious that you are working from home. The professional image you portray is very important to your clientele.

Establish a Weekly Plan

  • Working from home has its own challenges, even though it creates flexibility it has can be too easy to “put off” work. Your have to be highly disciplined to operate a successful home based business. Make a weekly plan and stick to it religiously.
  • Affiliate yourself with like minded home business professionals. The support is so important when you are establishing your new career. Make sure you family are aware of your new venture and are respectful of giving you quiet work time.

Establishing a successful home based business takes discipline and commitment. With this comes flexibility and freedom. No longer constrained by the nine to five hours of the traditional working week you can open your life up to all that you have been missing, your kids, your spouse, your family!

Forget wondering what your kids are doing and where they are take the plunge, make the change you will not look back! Need to see more? See the business I am operating and gain some incentive to set yourself up on your path to freedom.

Secrets to a Low Risk and Profitable Small Business

If you have even considered starting and running your own small business – then you are not alone. For long-term financial growth and a stable and secure future, running your own business is a must. And, it’s the American way.

Since most of us aren’t wealthy – or don’t have even a few thousand dollars burning a hole in our pockets, then the traditional small business start up may just be simply out of reach for the vast majority of us. In a way that you may not have considered – this may be a good thing!

No matter the actual amount of a traditional businesses start up – whether it be $20,000 or $100,000 (or more), this is an amount of money that most of us have never seen in our lifetimes – and most likely never will, especially if we keep working for others.

The way out is to definitely be your own boss and make your own way through life. And never be dependent upon any one person for your livelihood ever again.

These are driving reasons why we want our own businesses. Financial rewards and independence top the reasons why Americans traditionally have started their own businesses – for going on 250 years now. The old days of working for one company your entire working lifetime and then drawing a nice, fat pension for the rest of your life is a thing of the past. You need to be in business for yourself. But, what can you do if you can’t cough up the excessive start-up costs dictated by the traditional business models?should abandon the idea of owning your own business and go on settling for a 9 to 5 salary for the rest of your life?

For me, the answer in a big fat NO. And, I figure that, for a large percentage of the population in the U.S., the answer is NO as well. I’m here to tell you that you can start a business on a shoestring – and a successful one at that! You really can go where your dreams will take you. That is, if you dare to dream!

I’ve found for myself that a person can truly start their own business for well under $300 – and be successful, at that! Where can this be done, you ask? Simple – by way of a modern miracle called the internet! It is a very real possibility that most anyone can start a small online business that’s profitable and, dare I say, fun to run?

Is it all fun and games? Is there no risk at all? Do you have to put forth any effort at all? You will have to work for your rewards, it won’t be all fun and games, and there is some risk involved – as is with all things in life worth anything. Here are some great reasons why you really should consider (seriously) starting your own online business – as soon as possible, in my humble opinion (IMHO)!

No Buildings

No need for a physical location, or a store front. No buildings, storefronts or warehouses are required for your online business. If you sell a physical product, then you can have it drop-shipped from the supplier. All you need is a small space for your computer, an internet connection – and a comfy chair!

No Employees

As you start your own small business on the internet, and for months and years down the line, there is really no need for employees. You may possibly need some help now and again, but you hire contractors for that work. You learn to become highly efficient at what you do – no need for employees!

Expenses Minimized

Since you don’t need buildings or employees or inventory then your expenses are incredibly small from the start. Really – I have a desk and a chair and my computer. That’s it!

The World Is Your Market

Unlike a traditional small business, you can do business with the world right from your kitchen table – literally made possible by the internet! You potentially have billions of customers that really want to see what you’re selling. This can happen with a business on the internet – not in your neighborhood.

Although, like in any part of life that involves business and large sums of money, there are liars and scams. But, if you hear of people making six figures with their internet businesses, there is plenty of evidence to back this up. Those who are legitimate run high-class businesses, and work hard at maintaining a good reputation. I know I do.

Even though starting and running your own small business on the internet is cheap to start and the earnings unlimited, it’s still work. You must be dedicated and put in the time required to be successful, as you do have competition. But, history (and facts) are on your side. You can definitely make a go if it with your own small business – many thousands have gone before you. And with some hard work, and a little luck, you too can be a successful small business owner!

However, it is a fact that anyone, absolutely anyone can do it because it is a lot easier than any of the traditional small business models and you need very little money to start, which means you will be risking almost nothing but some of your time and effort.