Friday, June 12, 2009

7 Top Tips For Starting A Successful Business Online

There are so many ways to start a business online that it can quickly become confusing. However, you can easily start making money quickly if you have a simple plan.

One of the most important issues you need to deal with when starting out is to decide how much money you want to make. For example, if you are interested in earning a million dollar income, pay per click and affiliate programs is one way to do it. If you are only interested in earning a few hundred or a few thousand a month, you may want to consider something like bum marketing.

Here are seven tips for helping you get started quickly:

1. Do a crash course in online business

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You don't have to know everything there is to know in order to start a business online. In fact, if you spend too much time trying to learn business, you won't spend any time taking action. This is where many people fail. They spend too much time learning and no time doing anything that will actually make them money.

2. Create a plan for your business.

Before you can achieve what you want, then you need to know what you want. You will have to work harder to earn a million dollars each year than you will to earn a few hundred each month.

First decide what you want to accomplish and then determine how you will accomplish this. Write down your plan, including the steps you need to take to succeed.

3. Learn how to build a website.

What you actually need to learn how to do is write basic HTML. This will help you in a lot of different ways in your business.

The websites you create don't have to be anything fancy. You may create one page subscription pages, presell pages, simple review sites, blogs, or content sites. The type of sites you build depends on the purpose of your sites.

4. Learn how to write copy.

Unless you plan to pay someone else to write your copy, learning to write copy is an absolute must. The sales messages you write will determine whether or not someone clicks through to your site and takes action. Poor copy will lower your conversion rate. Write good copy, and you'll make more sales without extra effort.

5. Create an effective marketing plan.

Bad marketing is better than no marketing. If you don't market, you won't make the sale. If you try to market using marketing techniques you aren't good at, you won't get much better results. The key here is to determine which marketing techniques you think will be the most effective for you and then implement them in an effective and cohesive marketing plan.

6. Keep what works, discard what doesn't.

This means that you need to test everything you do in your business. It's not that difficult to analzyze what's working and what isn't either.

Starting a business isn't an exact science. Without a track record, you won't know what's working or not, so much of your business effort will be trial and error. Establish a track record. Find what works, and then do it more. This is your key to making money.

7. Continue to update your business education.

Things change in business. If you want to continue to make money, as well as make more money, you need to update your education. This may be as simple as reading ezines about your topic, or taking an extra course. Just make sure that the information you study is credible.

Increasing Advertising During a Recession: A Timely Move or an Easy Way to Go Bankrupt

Over the last year the US, once flying high, has fallen and face planted into a somewhat ugly recession. For people with steady jobs the fear is of course the dreaded pink slip. But as long as they can keep their jobs their paychecks in most cases will remain the same. For small business owners a recession is often felt in the pocketbook. With less people buying their goods and services their revenues and profit margins can start to sink. And it can be painful for a number of reasons. First many business owners have an emotional attachment to their business. When the business starts to flat line its hard to readjust to the new realities of your surroundings. If you are a restaurateur it might be hard to scrap plans for opening a new location across town even if the economic realties of the market make it clear that continuing ahead with previous plans is illogical. The second difficulty is that it's hard to readjust ones life to deal with a lower take home pay. So while a small business might see a 20% drop in revenue that could translate to a 40-50% drop in profits. And while you might have lived on a smaller revenue 10 years ago it's hard to go back to that. Living without regular out of states vacations is one thing going back to that point is even more difficult. And these somewhat harsh realties are what drive people to look for something, anything that can restore their business to its previous health and prosperity.

First I want to point out that in some cases advertising in a recession can be a wise move to increase market share and take advantage of a bad market. But more often what I see is this.

"Our revenues are way down"
"That's horrible"
"Let's spend a ton of money on advertising and hope we can put this behind us"

The problem is that the difficulty for this business is not that they didn't spend enough on advertising last quarter. The problem is that we are in a world wide economic depression caused by billions of crappy loans real estate loans given out over the last few years. And yes everything is interconnected but putting out more ads for a local restaurant is probably not going to change this.

Simply put sometimes business owners make asset allocation decisions based on emotion instead of their current economic realty their business exists in. A few reasons that increased advertising might be a bad idea for your business.

1) The number of potential customers is decreasing
2) In many industries your competitors are increasing advertising to "spend their way out of a recession"
3) Increased advertising and decreased customers is a bad market to ramp up your advertising budget
4) Spending more on advertising can mean advertising in new venues. Often when testing new venues you can wasn't a lot of money discovering mediums that simply don't work for your business.
5) You can increase your expenditures and your cash burn rate. So basically the economy might eventually turn around but your business might not be there to see it.

Ok so if the answer is not doubling or tripling your advertising what is the answer? Here is my advice

1) Cut Expenses that are not needed. Comb through your budgets for extras you added during better times but are not needed.
2) Keep current advertising that is working. Whatever is currently providing you business I would stick with.
3) Cut advertising that is not working.
4) Adjust

Number 4 is probably the most difficult but important. If ones business is affected by the recession (and most are) it might be a good idea to simply accept the possibility of a reduced monthly income for awhile. I am not saying people should give up on their business or not attempt to increase profits. But during a recession it might be a good idea to keep working to achieve higher goals but at the same time when you are doing your monthly personal budget accept the possibility that a weakened economy often results in less customers and lower revenue. This means if you planned on buying a new car or taking an extra vacation it might be a good idea to change those plans.

In the end by operating in a logical manner a business can survive a recession and hopefully be in a position to flourish once the economy recovers.

Best Strategies for Successful Life!

Many people are confused when it comes to success in life as a family or work team member, or as a husband or wife with the process of parenting. My advice to all readers whoever they are, and what age they have, or what careers they pursue, There is always ways or steps or strategies to be followed to earn success in love, life, work, or marriage. These Strategies are precise, easy to follow, you will be able to achieve most loveable goals you want in your life. So wake up and feel active and ready to understand the success trip.

  1. IDENTIFY what you want to achieve in your life. This is a very crucial step as it will determine every decision and action that you are going to take in the future. If you don’t know what you want in your life, you will be just like a lost sheep, you don’t have a clear direction of where you are heading. So find out what you really want in your life before you move on.
  2. CREATE an action plan on how you can achieve your goals. This is going to be your to-do list and you need to take action according to this plan everyday. The key to get success in life is to do what you should in order to get closer toward your goals each and everyday. If the action is not moving you toward your goals, change your strategies and go all out again.
  3. COLLECT enough Data concerning your project to be knowledgeable about all the aspects around it.
  4. SELECTION: You have to make several options as solutions and then select which is best to lead to your goals in life. You know nothing comes easily, and each goal needs work,
  5. BELIEVING in your self. You need to believe that it is possible for you to achieve it. If you don’t believe in it, you will never achieve it. When your beliefs are strong enough, you will do whatever it takes to achieve it because for you, it is something true and you will do it to make it come true.
  6. GOAL SETTING: Set clear goals to achieve what you want. Do not underestimate what goal setting can do for you. Take out a piece of paper and write down your goals, and then paste it somewhere you can see it often. Remember, your goals must be measurable, specific and have deadlines.
  7. CONSISTENCY: You have to take consistent action so that you will eventually reach your destination. You may correct your course and you will reach the final destination. You have to stick to your action plan and do what you supposed to do.
  8. EVALUATION of your success, to see where you did less than expected. You have to decide to continue or change strategies to achieve success in shorter ways and less efforts.
  9. TRANSFER your success to those who are around you, theose love ones, brothers, sisters, family members, or colleagues. You will enjoy success by seeing others influenced by your methods. And finally,
  10. 10. CELEBRATE your success with others. And never think that you made alone, selfishness is not recommended in this regard, any great job is completed by efforts of the many. Enjoy life through planning more success, and remember that the ups and downs should encourage you to continue life, by opening avenues for planning innovation, critical thinking, and problem solving.

5 Steps to Maximize Your Choice in a MLM Home Business

1. Your passion

2. Your out of pocket

3. Your potential

4. What have others done

5. What would make you quit Your Passion

So what are you passionate about? The challenge is keeping your passion alive, and I have found that only when you are completely in alignment with the total picture of the company and it aligns with who you are, can you stay tuned in, turned on and fired up about your opportunity. Some suggestions to consider:

a. Who is the management team? What is their past, what is their focus?

b. Why the choice of products, what is the rule for new products?

1. You want to make sure they keep in tune with their mission so you are not left having to make a decision if you want to continue to be a part of the new products

c. How will you tell the story? What do you feel would make you tell the story 3 years from now?

d. Have they aligned with a "giving back" program that excites you? What will be your initial expenses?

Understanding there is always an investment, you want to look not only at what you will do, or can do, more importantly, what will others do, or could they do? So ask yourself, What do 70% of Distributors start with? and Why is that?

So after the initial investment what will be your operating expenses? How will you build your business? Cold calls, purchase of lists, emails. What will you invest to move your business? Your Potential

Based on your bank accounts- Time account, Money account - what will you be able to spend building your business. When will you spend it? How will you spend it? What are your expected results? How do you know you are on track? What will you do to keep yourself on track? These are all important questions to have an answer for as you move forward in your business. What have others done?

These questions are to assist you in gaining an understanding of the possibilities that are open to you. If others have done it, so can you. You can also find out what the actions were, activities that helped them achieve the bench marks they set. What will make you quit?

If you do not get a clear picture of this from the very beginning, you could let any excuse you want allow you to give up the goal of success. Define what you are willing to do, and what you are not willing to do. You are in business to succeed, I want you to succeed. These are some suggestions to help you achieve your goals.

I have taken each of these points and expounded on them greatly in other articles. Make a choice and get your list in place.

Is business ownership right for you?

The reality of the current downturn in the economy is that many companies will need to restructure to create the private sector jobs President Obama is talking about. At the time of writing this article there is 7.2% unemployment or the good news, 92.8% full employment. That’s good news if you’re one of the 92.8% but bad news if you’re one of the 7.2%. And these are national figures so if you live in some States in the US the unemployment rate is higher.

Regardless of your local unemployment statistics, if you have lost your job or are concerned your company may downsize but you need to make some money to put a roof over your head, feed the family, buy the gas to get around plus all the other things you need to do in life, perhaps you are thinking it’s time to get off the employment rollercoaster. This means putting yourself in control so you can work the hours you want, work in an industry you want to be part of and ultimately be in control of your own destiny. If that makes sense, what are your options?

The three options of business ownership

If you think business ownership may be an option for you, there are basically three choices. Option one is to start your own business. This means you have to come up with a creative new idea, test it to make sure there is a commercial market for your idea, and then once you get enough feedback, build and execute a business plan. This plan not only needs to ensure you make enough money to pay the costs of running your business and personal needs but also cover any debt you’ve incurred while you created, tested and deployed your idea.

Option two is to buy an existing business that has any of the following three goals. Your first goal could be to find a business that’s not doing well, determine the reason it is underperforming and then put in place the changes to have the business head in a positive direction. Your second goal could be to look for a business that’s holding its own and simply take the place of the existing owner with the expectation of enjoying the life style of this business owner. The third goal could be to look for a business that’s growing well but bring your skill set, new energy and capital and either continue the growth of the business or considerably add to it.

The third and final option is to buy the rights to a new franchise. Just so I am clear, you could always buy an existing franchise and continue its current ownership but this is really a variation of option two above. New franchises are appearing on the market all the time in a diverse range of industries and formats. At last count I had franchises in 84 different industries such as accounting, automotive, animals/pets, beauty care, building materials, children’s education, clothing, transportation, travel, upholstery and wholesale etc while the formats range from Business to Business (B2B), Retail, Home based etc to name a few. The option of buying a new franchise tends to appeal to those who have worked in Corporate America but decide to look elsewhere for their future. The best advantage of a franchise for a new business owner is that it brings a system or business model that has had the wrinkles ironed out; similar to the model used in Corporate America. The franchisor has proven the business model, fine tuned the systems, built the training for the franchisee, knows what accounting systems to use and has these up and running and is looking to re-create these business models across the US and often into Canada and Mexico, and around the world.

Understanding risk

The bottom line is that you have many options with the final option you choose to make based on your risk tolerance. When deciding whether to start your own business, buy an existing business or buy the rights to a franchise, the level of risk will be one of the major decisions you need to evaluate. Your comfort with which option to choose will also depend on a number of variables. These include how much money you have to invest, the skill set the business requires and how closely this matches yours. Another major factor includes your financial status. Do you need to borrow, what is the condition of your credit score and, is your credit report acceptable to a lender? It may also ensure your background doesn’t preclude you from business ownership due to a criminal record or other circumstance.

What’s the next step?

If you’ve read the above and think business ownership is right for you or you would like to know more, your next steps are to become more educated so when you get to make that final decision whether you will or will not go into business ownership, you have as much information as possible. For this reason I have written three guides to help those considering business ownership. These guides are respectively called – Successfully Start Your Business, Successfully Buy Your Business and Successfully Buy Your Franchise: Expert Advice from a Business Broker. I’ve personally been in business ownership for 25 + years having owned and operated 5 businesses; two in my native Australia and now three in California. I still remember the fear and sleepless nights deciding whether to buy my first business and relocate to a new city with my 6 months pregnant wife. But as I look back, business ownership provides a wonderful set of experiences and skills I would never have known if I didn’t recognize and manage the risk that comes with business ownership. There is no question; business ownership is not for everybody. But business ownership is a skill to acquire and once it’s acquired brings about opportunities those working a job never see. Plus one of the rewards to it all is that it puts you in control so when you go through recessions you have the capacity to succeed.

Importance of your Buyer Profile

Before you start looking at business ownership, know your Buyer Profile so it reduces your chance of failure or giving up because you are burnt out from the process. For most new business owners, naturally enough their goal is to find the perfect business. This makes sense but it only makes sense if you know what you want but I also think “perfect” is too high a standard. Businesses are dynamic and constantly changing. This is because it is primarily dealing with people, whether they are owners, family members, customers, employees, lenders, landlords or government agencies. Look for what you want, but make sure your criteria is not too high.

So how do you know what business to look for? The answer to this question is by building and creating your personal Buyer Profile. Most buyers are not sure where to start the process. From my experience from buying and looking at many businesses and working with a large number of new or potential business owners the first step is to start with yourself. Most buyers don’t do it because they don’t know what they are looking for and expect it will reveal itself to them as they start their search process. If this is what you choose to do it will increase your chances of failure as there is no such thing as the perfect business plus each buyers profile is unique. It is unique because there are so many variables. The variables include levels of education, amount of downpayment to buy a business, credit scores, credit report, business and life experiences, management experience, family support, personal situation such as being single or married with 4 children to support and most important of all, the location where you live and the opportunities available. If you come to your decision to look at business ownership and you are fresh out of college your frame of reference is really the subjects you studied in college and your life and business experiences. If you’re a 40 year old executive who has worked in Corporate America in the technology field for the last 10 years as a sales manager, but in your earlier years worked in retail books and the travel industry, you have much more diversity to pull from.

Your Buyer Profile is a critical starting point for you. I normally spend about two hours with each client before introducing any business opportunities to them as I want to get a basic level of understanding of the industries of interest to them and their preferred format such as whether they like retail, Business to Business (B2B), Food, Automotive or, Children’s services etc plus an extensive range of other questions. If the buyer knows what they do and don’t like it allows them to focus and thereby greatly increase their chances of finding the business they want.

If you would like more information about each of the books mentioned above, please visit the following website http://www.successfullybuyyourbusiness.com where you will find a brief description of each of the guides. If you would like some free tools to work with, please visit my website: http://www.andrew-rogerson.com/samples.htm. On this page there are some Excel and Word files such as a Business Plan, Sales and Marketing plan, Startup Budget planner and Cash flow projection etc. Download and use these free tools as much as you need.

The rewards to business ownership for each person are unique and real. If you think business ownership right now with the economy in recession is not a good option, I would disagree. The economy is constantly changing and looking for new ways to invest capital and provide a return on investment. Some areas of the economy are about to explode such as health care, businesses in energy efficiency, the “green” industry and, new technology innovations to name a few. It will take time to research, create and execute a plan and then explore any other options available to you. Making the decision to take the risk is the hardest part. Once that is done, the rest takes care of itself. If you think business ownership is part of your future, learn as much as you can, accept it comes with risk and get on with it as the rest will be up to you. Whether you stay in your current job, find a different job because you aren’t enjoying what you are doing or move into business ownership, at the end of the day it’s still all up to you and how you manage the risks that come from each decision you make.

Financing 101 for Entrepreneurs - Debt vs. Equity or Both?

Small business owners can choose from two basic types of financing- debt and equity. There are advantages and disadvantages of each type that may be used for different purposes.

Before you seek start-up capital, organize your records as follows;

  • Gather you’re financial business records including tax returns
  • Speak with business partners or family members about the sometimes uncomfortable option of giving up partial control of the business to potential investors
  • Request copies of your personal and any business credit reports

Entrepreneurs who seek financing face a fundamental choice: Should they borrow funds or take in new investment capital? Since debt and equity are accounted for differently, each has a different impact on earnings, cash flow, and taxes. Each also has a different effect on leverage, dilution, and a host of other metrics by which businesses are measured. The planned use of funds will also affect the choice of financing, with one option more appropriate for certain uses than the other.

Debt can be a loan, line of credit, bond, or even an IOU -- any promise to repay borrowed amounts over a certain time with a specified interest rate

and other terms. Debt is accounted for as a liability of the company, and interest payments are deductible business expenses. In the event of bankruptcy or insolvency, debt holders take priority over equity holders.

For a small business, debt financing has both advantages and disadvantages. On the plus side, debt can be relatively simple to secure through a bank or other financial institution and is available with a broad range of terms, allowing you to customize the debt to meet your specific needs. And since most debt entails regularly scheduled payments of interest and often principal as well, debt is easy to plan around. Perhaps most important, debt, unlike equity, will not dilute your ownership interest in your company.

On the minus side, however, financing with debt can be more expensive, and you will have to meet scheduled interest and principal payments regardless of your cash flow. Although loan terms can be negotiated to build in flexibility, ultimately the money must be paid back.

Debt is most often used to fund a specific project or initiative that has an identifiable implementation time frame. It's also used as a cash flow backup in the form of a revolving line of credit. To attract lenders, you will need to have a good personal and business credit history, sufficient cash flow to repay the loan, and/or sufficient collateral to offer as a second source of loan repayment.

Equity differs from debt in that it represents a permanent ownership stake in the company. When you finance with equity, you are giving up a portion of your ownership interest in -- and control of -- the company in exchange for cash. Equity investors may demand dividends or a portion of annual profits. But most investors in small businesses seek long-term capital gains on their investment, meaning that at some point these investors may look to opt out. This can mean the eventual sale of the business or the need to bring in replacement investors in the future.

The most common sources of equity financing for start-up entrepreneurs are personal savings or contributions from family, friends, and business associates. Many successful entrepreneurs find start-up money, grants and loans using all inclusive support centers such as Ethos Mentor, Business Finance.com or the Small Business Association (SBA).

Venture or seed capital companies can also be sources of new capital, although they generally deal in larger financings. If your business is incorporated, anyone contributing equity capital would receive shares in the business. If it is a sole proprietorship or a partnership, they would receive an ownership share of the business.

While equity financing can be used for many different purposes, it is usually used for long-term general funding and not tied to specific projects or time frames. The major disadvantage to equity financing is the dilution of your ownership interest and the possible loss of control. Moreover, equity investors in smaller businesses generally look for high returns over time to compensate for the risk.

In practice, most businesses use a combination of debt and equity financing. The concern is getting the right balance. If you have too much debt, you may overextend your ability to service the debt and can be vulnerable to business downturns and changes in interest rates. On the other hand, too much equity dilutes your ownership interest and can expose you to outside control.

9 Tips to Writing a Rock Star Social Or Green Business Plan

So you’re thinking about starting a social business (i.e. a business that helps a social or environmental cause in some way), or adding a social business element to your existing business? Awesome! And congratulations. If you take action on that intention, you’re well on your way to financial freedom and making a positive impact on the world.

Writing a business plan is one of the first tasks on your list. Well the, what makes a great social business plan? It’s both an art and a science, and there are hundreds of books, websites, and other resources on business plans in general. Here are nine great tips specific to writing social business plans, tips that you won’t find in any traditional business plan how-to.

1. Tell your story. How will your company benefit a social or environmental cause? Why start this particular business, why now, and why you? Do this in the synopsis and subtly throughout the whole plan. As a social business, this story is where you can really shine.

2. Keep it brief. No one wants to read a 50 page business plan, and in fact, no one probably ever will, no matter how special or amazing your cause is. Ideally, keep your plan to ten pages, and most certainly under 20.

3. Continually update it. A business plan is a living document that must be reviewed and adjusted on at least a monthly basis. As your company and your cause grow and change, your business plan should evolve in lockstep.

4. Include a brief Envisioned Future section. What will your company look like in 20 or 100 years? How will the world have benefitted from its existence? Your business is an organization with a good cause, so spell out your vision. It will help you keep your eyes on the prize in hard times, and the visual will also help sell the idea to investors, bankers, donors, employees, customers, and everyone else.

5. Show how and why you will be competitive and profitable in a market that doesn’t really care whether your products are made of recycled materials or if you’re empowering poor women beekeepers in Africa. If everything else is equal (i.e. price, brand recognition, quality, shelf location), you might have a slight edge because of your cause. But probably not. You’re providing a product or service to the world, and you must make a profit doing so. Use your plan to legitimately prove that you will. Remember: you can’t help anyone if you go bankrupt.

6. Don’t get too crazy with the use of words like sustainability, green, social business, good cause, fair trade, and so on. Unfortunately, many traditional business people have negative connotations for all those words, left over from extreme environmentalists of the 70s (think off-the-grid communes and lack of deodorant). Unfair images, but we all still have to deal with that for the time being. Use those words when you must, but keep it to a minimum. If you can, use words like “efficiency,” “improved safety standards,” and “increased profit” instead.

7. Do ample research. As a social business, your company will likely undergo more scrutiny from everyone involved than a traditional business model

would, which is unfair but true. Back up everything you say with piles of credible research, some of which you may even include in the Appendices to your plan, where appropriate.

8. When compiling your financial projections, make sure to include a Social Return on Investment, or SROI. Explain how you plan to quantify, measure, and analyze your SROI. Quantification is how you will show the world the good things you’ve done, and how you can decide what your biggest and best levers for change are.

9. Use a template business plan to get started. No need to reinvent the wheel. There are lots of free or cheap business plans out there that can help you write your own amazing plan. Granted most of them are not specifically geared to social businesses, so you may have to improvise a bit.

Or, you could just click here to download a social business plan from Social Business Central, possibly the single best resource for small business entrepreneurs

with a conscience. You’ll also find loads of other resources, a social business blog, and much more. It’s a really great website.

How To Make Your Digital Photos More Appealing to Investors

Stock photography is indeed a viable mode of making money opted by many young talents today. It gives the opportunity of getting your work reviewed, acknowledged and paid by a stream of potential visitors spanning across the world. However, regardless of the lucrative opportunities offered by this new mode of trade, there are potential chances of meeting failure right at the outset. Your digital photograph may be rejected to put up for sale by the web site. And with the stiff competition on the rise, the chances of your photograph getting discarded are all the more predominant. Therefore, this article is a guide for all the new photographers trying their hand at stock photography on tips to avoid meeting digital photo rejection.

No second thoughts, the first deciding factor to accept your photograph is its quality. It has to be an indisputable photograph to surpass your competition and gain acceptance with a stock photography web site. And the key to a superior quality picture, apart from your cultivated talent is a acquiring a good camera. To click a superior quality picture, make sure that your camera is around 5 mega pixel and set to the maximum resolution level. Pictures clicked with such high mega pixel cameras stand-apart from the crowd and market for their own value.

Remember not to burden the web site admin by loading them with your 30-40 pictures at a time. The more you send across your pictures, the more are the chances of them getting easily ignored by the selector, which calls for absolute rejection! So, the key is to send not more than three best photographs for selection. You can, however, take the risk of sending a huge bunch of photographs only when you are confident on their fine quality. Make sure not to change their file name so as to avoid any chances of duplication of the same picture, which if happens at all gets promptly signaled by the windows. After when you have uploaded the files, change them with your desired name.

After the camera has done its job of clicking the picture, it is your turn to accentuate its appeal. To produce a ten on ten picture, make sure that no part of it is blurred or out of focus. Set the lighting in a way that every part in the picture looks enhanced and appealing. And to acquire a balanced lighting effect in the picture Adobe Photoshop is a reliable tool.

Another foremost step is to coin your pictures with potential keywords so that it gains a better visibility in the search engines. However, overt usage of keywords in your picture would lead it to a spam. Hence, use around 4-5 key words in the picture to make it more visible and turn it into an effective means of marketing.

Quality, correct key words and appealing presentation are the ways to avoid your digital photograph from being rejected. Make all ends meet to produce a unique picture so as to outshine from your flourishing competitor.

Ways To Earn Money From Home

For parents, having the burden of child care expenses can be draining. Maybe it's time to explore ways to earn money from home.

One way to earn money from home is to start your own at-home business. If you are a people-person, developing a business in which people come into your home (such as a clothing shop or daycare) or being a salesperson (such as candles or cosmetics) might be a great option for you.

If you have space in your home (such as a garage or den) which could be converted into a business area, having your own shop would be a fun way to earn money from home. Specialize in a hobby or interest you enjoy such as hunting or antiques or make your own products to feature as sales items like jewelry or candles.

To earn money from home by being a shop owner would, of course require some investment like restructuring, extra utility costs, decorating, advertising, product costs and possibly employee payrolls.

Some people however, prefer to work alone. Dealing with co-workers is one of the top 10 reasons professionals quit their jobs. In this case, providing a service in which you excel would be a good way to earn money from home. Decide on a business endeavor in which you could spend at least 90 percent of the time working by yourself, such as an at-home accounting business or book proofreader. All jobs though, include some person-to-person contact such as phone calls or asking businesses to display advertising for your company.

Perhaps you are not one who likes dealing with people but still have always dreamed of running your own company. Consider buying an empty building or existing company and be a business owner who collects all the profits. Sure, you'd have to make an appearance from time to time to check on business matters. But for the most part, having your own business could consist of paying employees and management to do the job for you. It is a reasonable way to earn money from home while never having to lift a finger.

Telecommuting to work is also an option to earn money from home. Talk to your boss or supervisor about possibly doing your duties from home and either e-mailing or faxing it in. If this isn't possible, there are many companies out there who need people to work from home doing secretarial, bookkeeping or writing work. Advance in your career and do the job you've always enjoyed. The only difference would be that you now have a virtual office and no co-workers or heavy-breathing bosses surrounding you.

Another option to earn money from home that is similar to telecommuting, is to freelance. Turn your skill or hobby into a profitable career by doing contract work for businesses. Set your own schedule, haggle your own fees and still have time for your family.

Start to Earn Money at Home Within 24 Hours

IPC Instant Cash is a system so powerful that allows anyone to earn money from home online! The first system online to ever offer a 5000 dollar cash reward. With IPC Instant Cash, our system is easy to follow, profitable and affordable! Not only are we confident in our program, we back it with a 5,000 dollar cash reward! If you can prove that our system does not produce real results, You will be paid 5,000 dollars in cash. No other program even compares to IPC Instant Cash – They are Not Even Close! Our program is easy to follow, proven and affordable allowing anyone to earn extra money from home. See how a single mother with two children make an extra 3,780.00 dollars a month. A laid off factory worker make 5,280.00 dollars a month part time. And a retired woman of 67 years of age make an extra 1,980.00 dollars a month. Introducing one of the most complete step by step programs you will ever find on the internet that truly allows anyone to make money online. This is real income that will only continue to grow, and now it is available to you. You get all the information you need to earn money easy from home.

With IPC Instant Cash your online system is 98 percent automated. You are instantly set up with a website that pulls in profits consistently. You are shown exactly what to do with no details missing. You receive immediate step by step training designed for beginners. A complete course showing you how to earn money from home and all online! Audio and Video training is provided so anyone can follow along. Get access to detail explanations and tips and with earn money at home ideas to follow the program. You receive 60 dollars in cash for every single sale your website makes. You are paid directly in to your account, there is no waiting for your money. You receive overrides that allow your income to grow week after week. And our program is complete with full online and phone support that will show you how to earn money from home fast.

They have step by step training. They have audio training. The have video training. You receive immediate step by step training designed for beginners! You receive 60 dollars in cash for every single sale your website makes! They have online support and they also have call support. This system will get off to earn money from home fast.

You get over 5 hours of video training included with our program. This Is one of the most complete systems you will ever find nnline. All you have to do is plugin and apply a few easy to follow steps and if you need assistance, we are there to help you every step of the way! In fact if you can click a mouse, then you are practically guaranteed to be successful with our program. You will learn ways to earn money from home and be able to make it grow and grow. It is a great system that will get you off to earn lots of money form home.

The compensation plan in IPC Instant Cash is like no other. Considering all of the compensation plans that exist online, IPC Instant Cash is a combination of all the good points of other compensation plans. The compensation plan in IPC Instant Cash is a staggered 3-up, where an individual would pass up their 2nd, 4th and 6th sale to you. This gives everyone the ability to make money on his or her first sale with no qualifying and built in residual income.

Earn Money From Home - 3 Easy Ways

These days more and more people try to earn money from home. Are you one of them? If you have a computer, an internet connection and a little time then only the sky is the limit. You can earn really big money online so read on and discover three easy ways to earn money

from home.

The easiest way on how to earn money from home is by doing surveys. There are companies and advertisers who will pay you for your opinion about something. When you subscribe with them they'll start sending you surveys, which you have to complete and every time you complete one you make a little money. This is not a get rich quick way but by completing few surveys per day you can earn up to $50 and more per month. Depends only on you. More surveys you'll complete, more money you'll earn. So if you have time, then try this easy way of earning money

from home. If you decide for taking surveys home business be careful and never sign for companies that demand some membership payment upfront. Good advertisers will normally never charge you to become their corespondent, after all you'll be doing them a favor with your opinion about something.

The next easy way to earn money from home is by reading emails. There are sites on the internet that use strange way of marketing. At least I think so! They pay you for simply reading their emails, mostly commercial offers. But don't think that you can simply open and close one and than move to another within few seconds. No, you have to wait a certain amount of time on each one (but try not to fall into sleep, doing it, I did) and by doing it so you can earn some extra money from home.

And finally, do you have a house or garage full of old stuff or equipment that you don't use any more. Why don't you try to offer those things on eBay. You can sell almost anything on eBay. So do a bit of cleaning and list those items you don't need anymore there. You will be surprised how easy is to sell something on eBay. This way you'll get rid off the stuff and you will also fill better since you haven't through anything away.

These are three easy ways to earn money from home. So make action now and look for more info about any of described above and if you find your self in any, then simply learn how to do things and earn as much money as possible.

Earn Money at Home: How Information Products Can Take You From Zero To Millions

As many of you will know earning money at home with a home business is really easy. But making it a profitable success is an entirely different story. Many work at home dreams collapse when their owners realize that earning a substantial income online is not as easy as simply signing up for a program. However, there is a way to make a good income online by selling information products. And its this method that most of the great ones use.

The internet has become the go to place for information. And its because of this that people like you can literally go from earning nothing to creating a six figure income earning money at home with a home business. People are willing to pay for ebooks, reports, software and access to exclusive information via membership sites. The creators of these products rake in thousand a year or even a month by selling these information products and services.

However, what if you dont have the time or know how to create one of these products? Thats the beauty of earning money at home by selling information; it doesnt have to your own product. You dont need to spend hours creating something of your own to get in on the action.

Clickbank, for example lets users promote other peoples information products and earn a commission. Because Clickbank offers a large variety of products in many different niches, its one of the most popular affiliate programs on the web. Especially when you consider that its completely free to join. Its responsible for many home business success stories. Numerous people earn large amounts of money each month by selling the information products offered on the site.

But its not the only site; nor is it the only way to earn money without creating your own product from scratch. Private Label Products (PLR) are products that were originally developed by someone else but allow you to market as you own, and alter to make them unique. Most people prefer private label products because you get to keep 100% of the profits.

By joining a PLR membership site you be able to gain access to new products every month as well as acquire training to help you information home business to the next level. These sites teach members how to modify and repackage the new information, so its unique to others on the internet. This makes it easier to sell which of course means more money.

Coupling the methods described above can help you earn a much larger income. Youd be taking advantage of two income streams rather than just one.

There are many ways to earn money at home and numerous success stories to encourage you. A number of these are the result of the business owner getting into the information product game. Because you can do it without even creating your product, thanks to sites like Clickbank and PLR products, you too can be telling your own success story very soon.

Now Earn Money from Home Is Easier Than Ever Before

Earning money working from home is easier than ever before with the advent of the Internet. There are plenty of opportunities available these days but it can be hard to find the right ones. It is also certainly a challenge to filter out all the spam because lots of stuff that you find even if you do a great deal of research is worthless and low quality gets rich quick schemes.

Though, it is indeed possible to earn money from home. The only challenge is finding exactly how to do it and finding the best resources. It is also essential to keep your aims realistic. The only challenge is finding accurately how to do it and finding the best resources. In spite of the outlandish claims of the get rich rapidly spammers, some people still believe them and when they find they failed unhappily, they get disappointed and give up.

Easily give up things is the biggest mistake because it is definitely possible to make money from the Internet. Firstly, you need to realize that what are capable of and alongside setting realistic ambitions; you need to begin than looking for work. If you don’t know about an ideal deal about the Internet or don’t know anything about web design, then it’s not an issue.

While the majority of the money made on the Internet is down to advertising revenue or people having shops online, this is only the tip of the iceberg. If you are into Internet marketing, you can do article marketing, affiliate marketing and website promotion.

Though, everyone is not capable to do Internet marketing and even few people want to invest the time in leading how to. This is not necessary to learn all this. You just need to do bit research on the Internet and view the available opportunities.

Working from home opportunities are surely abundant and as stated before, it’s important that you find the right place to get them otherwise you can just be wasting your time.

Wealthy with Freedom is one stop solution for people looking to earn money from home quickly and easily. They assist you in achieving the life that you always want to live and become your own boss.

Secrets of Online Business Success

American Pearl had been a successful jewelry store in New York City's diamond district for almost 50 years when Eddie Bakhash took over the company from his father, Charlie, in 1997. One of Eddie's first moves was to take the brick-and-mortar company online. Since then, he says, sales have grown yearly at a rate of 20%. Last year they surged to almost $20 million—with 20% in person and 80% online.

Bakhash attributes some of his company's success to having a well-known and respected store, and good word of mouth. But, he says, the key was constructing a site that builds trust with the consumer, while educating them about the product or service offered. "We tell the truth, showcase the product, and recreate the world that the product comes from through a variety of rich media," says Bakhash.

Retailers like Bakhash are aware that doing business online boosts sales. A 2006 Forrester Research study of 174 retailers found that online retail sales rose last year by 25%, to $176.4 billion, and are expected to rise 20% in 2006, to $211.4 billion. By 2010, sales should reach $329 billion.

HELPFUL SERVICES.

If you are contemplating taking your brick-and-and mortar online, don't think you have to set up the site yourself. Providers such as Yahoo! Stores (YHOO), FreeMerchant, or LiteCommerce can create an online storefront that is easy and affordable (see BusinessWeek.com, 9/05/06, "An Online Business for $3,000").

"Small businesses inherently have built their business themselves. A lot of people look at doing everything themselves—the backend servers, all the infrastructure, learning HTML. Whether selling products or not, you don't have to do that anymore," says Jimmy Duvall, director of e-commerce products for Yahoo! Small Business.

Once the site is up, don't start conducting business until it's been tested and deemed ready. Make sure all the site's features are working, since customers today expect the same good service and quality online that they find in regular shops.

And just because the site is up, don't think your work is done. You have to update continuously (see BusinessWeek.com, 6/8/2006 "Treating Your Web Site Like One of Your Best Employees"). If you have outdated information, "you could be losing sales and causing customer dissatisfaction," says Harry Hollines, vice-president for channels and business development at Englewood (Colo.) direct marketing consultant Verio, which also offers a service to help small businesses update their sites.

When your site is running on all cylinders, then it's time to think about traffic. Develop a plan for generating buzz online (see BusinessWeek.com, 4/17/06 "Building Good Web Buzz") and search engine optimization (see BusinessWeek.com, 7/6/2006, "How SEO Upped the Revenues").

ONLINE STREET CRED.

Many small businesses—almost half of those surveyed by Forrester—are also using cross-promotions between their offline and online stores to boost sales. But while promotions can often increase sales, don't overwhelm your loyal customers.

10 Tips for Online Business Success

The average time spent by an Internet user on a web page is a mere 46 seconds (Source: Clickz.com). Within these 46 seconds an online business needs to attract the customer, make a compelling proposition and close the deal.

The competition in the virtual world is growing day by day. Verisign reported 16% growth in domain name registrations in 2003. The total number of registered domain names now stands at a staggering 60 million, with .com consuming the largest share.

What can YOU do to stand out in the clutter and achieve E-Success?


We think the following 10 tips can substantially increase your chances of online business success:

  1. Target the Un-Targeted:
    Know your customers thoroughly and target those needs that are unseen by your competitors.

    eBay is a bright example. eBay was quick to recognize peoples' desire to earn economic profits by trading second-hand products. eBay realized the need for a platform where such buyers and sellers could meet and trade. ECommerce technologies helped eBay to create the required platform required and the rest is history.

    When you are new to online business- Start Small but Start Right.

  2. Strong Business Planning:
    Have complete knowledge of your revenue source, break-even duration and other important strategic details from the beginning, and decide on the milestones that are to be achieved. You should know the right moment to expand your business and plan for future sources of revenue.

    The Internet business has a cruel history of bringing about disastrous changes at phenomenal speed. Be prepared to face such upheavals and have plans in place to manage such turbulent times.

  3. Business Friendly ECommerce Software:
    Always choose software that is easy to manage and allows you to focus on your core business activities.

    Choose an ECommerce solution that fits your business requirements. Analyze ECommerce software in terms of its scalability, security and the amount of customization allowed.

    Invest in a solution that not only meets your present requirements, but also is capable of accommodating your future business needs.

  4. Create a Web Store with a Difference:
    Visual memory is more enduring than textual memory. Correct branding is important for the success of your online business. Increase your brand recall by creating an estore that is in tune with the likes and dislikes of your targeted customers.

    Learn more about your customers and create unique branding by using distinct color combinations, site layout and innovative logo. Attractive display of your domain name can also play an important role in branding your online store.

    Be different (but not vague) in order to create a positive appeal in the minds of your customers for achieving esuccess.

  5. Make your “Hot Sellers” most Visible:
    Attract a customer and advertise your USP first.

    Create your estore in such a manner that when a visitor leaves your online store, s/he is aware of your specialty even if they do not intend on purchasing those products.

    To clarify: Let us assume you are an online flower vendor specializing in selling fresh red roses. Create your online storefront in a way that when a visitor leaves your storefront, s/he is aware about your specialty even though he may not have seen the Red Roses section. So the next time the visitor intends to buy red roses, they will be very likely to recall your storefront.

    Highlight your best product/service first in your estore.

  6. Do not let your Customers forget you:
    Customer Relationship Management is of prime importance, especially when you are small and struggling to build a persistent customer base. Develop innovative ways to inform past customers about new products and the latest updates to the web store. Your chosen ECommerce solution should have provisions for incorporating various CRM campaigns. Adopt Innovative communication for communicating with your customers.

    Pamper your customers to generate permanent sales in order ensure the success of your online business.

  7. Increase your Web Presence:
    Make your presence felt by carrying out intelligent marketing over the Internet. Perform search engine optimization (SEO) for your site, since the majority of buyers visit websites after spotting them come in the first three or four pages of search engine results. You can either hire professional services or carry out Internet marketing by yourself.

    Associate yourself with web sites providing complimentary products or services on the Internet. This helps you in increasing your web presence both for search engines and for your customers.

    Intelligent marketing alone will get you customers.

  8. Build Robust Backend Operations:
    Backend operations are the backbone of your online storefront. Spend time in analyzing the backend operations provided by the ECommerce software. Features such as Inventory management processing, credit card processing, reporting systems etc. will shape your first impression.

    All your backend operations are expected to be accurate, scalable and provide real time data. Your choice of ECommerce solution would largely determine the strength of your backend operations.

    A potential threat to your ECommerce operations is systems failure owning to faulty backend operations. Ensure the existence of a strong backend platform before opening for business.

  9. Learn Faster and Better:
    To err is human, but failing to cover yourself and allowing your competitors to exploit your loopholes, is suicidal and is a major threat to E-Success.

    Always have an unbiased assessment of your online business and be prepared to spot your mistakes. Learn the art of covering your mistakes and rectify them before your competitors come to know about them.

    Business is all about speed. Speed is essential in identifying and rectifying mistakes. You need to learn about your loopholes and mistakes faster than your competitors and rectify them effectively.

  10. Surprise your Customers:
    Surprise your customers with frequent changes in your business offerings. Add incentives by providing surprise offers, price discounts etc.

    Your estore can also help to add life to your business enterprise. Perform regular enhancements to look and feel, the display of products etc of your online storefront. Make changes that do not detract from the brand image in the minds of your customers. Make sure, as well, that the changes are not unattractive or are too frequent.

    Constantly innovating while remaining focused on your business goals will lead to success in your online business.

Tips for Starting a Home Business Online

Making the transition from full-time job to starting your own home business online however, will certainly require action on your part. Before making the leap, you will want to establish a plan of action. It is rather like having a map before setting out on a long journey, but it will make a big difference if you have one when setting out and you can always make changes to it where necessary as you go along.

It is important that you give some thought to a few things before starting your own home business online. Will you be free from distractions at home? If not, how will you handle them? Are you a self starter, dedicated and committed to making your business work no matter what? What benefits will you gain from starting your own business? Do you have enough space for a home office (even a small desk with drawers or shelves)? Do you have a budget? What are your goals?

The primary reason why online home business owners fail is due to lack of planning, so answering questions like these honestly are vital to your success.

It is also important to understand when starting your own business that as with any business, it will take hard work and dedication at the beginning, at least until you establish a plan and get everything set up and running.

Another thing to bear in mind is that starting a home business requires you to work from home where specific policies and procedures or a help desk are not readily available so you will need to do a lot of research to ensure that you keep up to date on the latest information.

You will need to be prepared to go through trial and error when learning a new business as it will not be plain sailing. But remember you may learn more by fixing your own mistakes than asking someone else for a quick solution. That does not mean you shouldn't ask for advice where needed. It would be foolish to not benefit from the knowledge of others, just remember your own success or failure is ultimately your responsibility.

I am sure you are aware that there are many get rich quick scams on the Internet. It is highly likely that you will fall prey to one of these scams, no matter how smart you may be. For help and advice get involved with an online community, forums and attend seminars. Before you purchase ask for referrals to the right information, read product reviews and ask questions.

There is a process for learning how to build a successful business online from home and many are not aware of this. The main thing to remember is that just because you are working from home, you still need to have the same commitment. You are not getting a regular salary so remember that your financial security depends on how much you can deliver.

If you take the time to learn from people who are actually making money at home and model their techniques it will be something you will never regret. There is so much information on the internet to help people learn how to start and build and home business online successfully, it is just a matter of searching for it.

Why Newbie Must Find A Right Niche For His Online Home Based Business Opportunity

Actually most newbies think, that their online home based business opportunity succeed better if they will sell everything to everybody, because the market is then bigger. From the marketing point of view this attitude leads to bad results.

1.Why Nokia Does Not Sell Toothpaste?

The answer is simple. Nokia wants to be number one in mobile handsets and it has an expertise to be that. It cannot be number one in the toothpaste market, because it has no expertise in that.

So one brand or a company has only a certain expertise, a unique benefit, which the target market will accept. The smaller the company is, the more narrower the concept should be.

2.The Internet Is Huge, Which Requires A Sharp Specialty.

Actually you have to think small to become big, what a paradox! But this is true. Your online home based business opportunity has chances to succeed if you can stand out from the crowd with your laser sharp consumer promise.

Try to offer a very clear promise. Tell what the user can benefit and what he has to do to get the benefit. And tell this in the headline already. This will increase the conversion rate and to draw the right people to your online home based business opportunity site.

3.The Content Should Be Narrow, But The Marketing Should Be Wide.

It is important to see the difference between the niche content and the marketing of your online home based business opportunity. If the content must be niche, the marketing should cover a wide area of the target group and needs.

It is also important to understand that the marketing can still follow the niche strategy and be very wide, using for instance the right set of long tail keywords.

4.Do Not Skip The Niche Strategy, If It Does Not Sell Right Away!

Instaed, try to find new markets or market niches for your promise. Actually this is not difficult, because there are an endless amount of keyphrases, which will fit to your content. To keep your original promise and business plan is a key for the success of your online home based business opportunity.

You have to see, that the brand image grows slowly and needs several contacts, between 5 to 7, with the same prospect, before the trust starts to grow. This is a step by step process and it takes time.

5.Add Power To The Marketing And Keep The Strategy.

To market your online home based business opportunity requires consistency and every now and then you will have a strong desire to change the strategy, i.e. your whole business plan. Do not do it!

In most cases the reason is not there, I mean in the strategy. You should first research the execution of the strategy, i.e. the content of your marketing and the amount of actions you have done.

All in all, the niche marketing strategy is a strong success factor by which also a newbie can start to build his expertsie. Devide your first ideas into smaller pieces and once more smaller pieces and you will find out an unbeliable sharp promise to your online home based business opportunity.