Sunday 5 April 2009

Working a Home Based Business - If You Don't Know What to Do You Will Never Make Any Money

Making money with a home based business is not as easy as everybody makes it out to be. Yes, you can make a very large amount of money if you know what you are doing, but the average person who tires making money from home will fail. It's not because they want to fail, it's because they don't understand what it is the need to do.

Having a home based business definitely has a lot of advantages. You get to pick your own schedule, you are always around when your spouse or children need you and you have freedoms that most 9-5 people won't ever have.

You also have control over how much or how little money you will make. The thing about working from home is that you have to be able to manage your time well. It's very easy to sit down and start to work only to want to get up and watch T.V. The "I'll do that later" syndrome will kill your income if you adopt it.

Make sure you set goals and exact times that you will work. Of course, the nice thing about that is if you absolutely have to do something that comes up, you can break away and do it. Make sure you let your spouse and children know that when you are working you need to be left alone. Constant distractions will do nothing but kill your productivity.

Once you have your goals and time frames established, it's all about knowing what to do. You can work all day and night, but if you are going in the wrong direction you will never make a dime. This is what happens to most people unfortunately. They don't take the time to get a solid education on the what and how of a home based business.

That's a decision you have to make for yourself. You can get yourself an education or you can flounder around hoping you find the "secret" to making money from home. I'll let you in on a little secret.....there isn't one. It's just knowing what to do. But knowing what to do can be learned fairly quickly.

Wednesday 1 April 2009

Home-Based Business - How to Get Started on the Right Foot

When you first start your own home-based business, there are so many things to do. You have to learn about your product. You have to find prospective customers. You have to buy marketing material. You have to refine your sales pitch. You must focus on so many aspects of your new business that it is no wonder so many fledgling entrepreneurs fail.

To that end, anything that can ease your burden will help you tremendously. I learned the hard way that I could not do everything that I needed to do in my business all by myself. I needed some help to become successful. So let me show you what I have learned to look for before starting any home business.

What I look for in a home-based business is support from the parent company. I don't mean a little support - I mean a lot of support. I don't just want help from my sponsor. Sponsors are great and having a great sponsor helps tremendously, but sponsors don't usually have the resources or experience that the parent company has.

For example, I expect the parent company to provide me with literature and video presentations that teach me why their product is so much better than others. I expect the parent company to offer recorded material (i.e. conference calls, sales presentations, product launches) that I can use to help educate my prospective downline members. I expect the parent company to create professional online presentations that I can direct my customers to so that I don't have to do all of the selling.

You see, I expect a lot from the parent company, and you should too. If the company makes money when you sell their product, then they should be more than willing to give you the tools that you need. They shouldn't just throw you out there and make you create everything yourself. If they do that, then they will probably get the results they deserve- unfortunately, they will take you down with them.

Oh, yeah, one more thing. I expect the parent company to do all of this completely free. And I am thankful that I found a home-based business that will do all of that and more.