home based business
what makes a successful business
working from home
Home Based Businesses
May 25, 2008 12:37pm CST
Home based Businesses are a great way to make extra money, or even replace your income. I have dabbled in home based businesses for some time now and finally found a few that work for me. But they do take work. Many people join them, thinking that money is just going to fall in your lap, and when it doesn't, they give up, or rant that nobody makes money at these things, or that they have been scammed. You can't just join a business and expect to get rich. You have to work at it. they require many hours of networking, advertising, and planning. They require education on your part. You have to know how to work them, what works and what doesn't work. Unfortunately, alot of that last part is trial and error, and many people don't get past the ""error". Some suggestions for a successful home based business are 1) don't join the first one that comes your way, look for something that suits you. 2) If you don't wear make-up, does it make sense to join a cosmetics company? If you can't find value in a company's product, you will never be successful. 3) don't give up after a week because you aren't rich yet. A successful business takes time to build. 4)at the same time, know when to cut your losses. If you've been at it for 6 months, and still haven't had your first customer, reevaluate your situation. What are you doing wrong? can you get coaching from your upline or mentors? Do you truly love your product? Do you find enough value in it to stay a customer? there are people out there that can help you grow your business, all you have to do is ask. The things I am doing from home are quite profitable for me, but they require work on my part. But I LOVE what I do, so it's easy. What businesses are you all in, and do you truly love it?
25 May 08
You are so right. I wish people would understand those points before they ask how to make money on the internet, expecting a response which will lead them to instant success! I started a home based business ten years ago, which I developed offline and also promoted on the internet. I took a professinal training course before I started and it was something which really interested me and I enjoyed doing it for five years. I have also done other things on the internet which did not make me much money but I gained a lot of experience and learned from doing them. Now I have a blog and am earning money for writing, but it is still early days for me. I don't expect to make a vast amount of money, but I hope I can build it up to earn myself a reasonable income in the future.
25 May 08
I'm doing pretty good at the things I am doing now, and hope to have my income entirely replaced by the end of summer. I have recently entered in to the writing arena. I write reasonably well, in that I have a pretty good grasp of grammar and not too too many spelling errors (thank god for spell check). I don't think I could ever write a novel, but do well enough with short informative articles. I love researching too, so that helps. There's an online position I have had my eye on that requires writing blogs and short articles, so I have been going through the things I have written and trying to come up with new articles so that I can apply. Which service(s) are you using to write for pay?
25 May 08
Thank you sonyareads. This is a very nice suggestion for people seeking ways to earn money online. I'm sure a lot of us will benefit from it. I myself are also in search for ways to earn online for quite some time now. I found some ways, but like you said, yes, it's not that much. And I agree with you, It will take time. Every business takes time to build. Would you mind sharing what online business you are in now? Thank you again for your informative and helpful post.
25 May 08
I am with MyWorld Plus and BookWise. The two are noncompeting, and both have a benefit to me, so I think that is why they both work well for me. MyWorld Plus has a discount card that saves money at about 175,000 stores, gets cash back at 600 online stores, and offers coupons for the grocery store too. So even before earning money, I am in profit from the savings. It really helps me out. BookWise is a mentoring company. They are really about life transformation, helping us with wisdom, finacial and personal growth. We study different books every month. Next month, we are doing Napoleon Hill's Think and Grow Rich. We get a leatherbound 24kt gold embossed edition of each book we are studying every month to help us grow our personal libraries and our minds. Both are very valuable to me, even without the paycheck:)