Home Business Ideas and Opportunities

Archive | October, 2017

Starting a New Home Business – Don’t Sweat it!

Starting anything new can present many challenges. We need to learn how to do what we need to do, find the best way to do it, and eventually, just do it. Then we must keep doing it consistently to create the results we need. Each step of the way we need to stay motivated. That means no matter what obstacles we encounter, we have to remain determined and undaunted!

Believing in ourselves and what we are doing may be one of the biggest challenges. Regardless of any doubts or skepticism that our well-meaning family and friends may impose on us, we have to have faith in what we are doing. It sounds simple, but it is likely you will not be seeing immediate results, and that is the reason you really have to have a strong will. One way to stay in a positive mindset is to read motivational articles and books, watch videos and attend webinars to learn the strategies that successful people have used and how they think.

Entertaining negative thoughts that may naturally come to mind is not acceptable. We really need to learn how to dispel them and keep moving forward. Some people recommend self-talk, (telling yourself that you know you can do it); envisioning (imagining yourself already possessing the things you will buy when you have achieved your goals); and some people like posting slogans or pictures of things they want to buy when they earn money. Whatever works for you is what will be best!

A winner is rarely discouraged by temporary setbacks. They are able to logically believe that it is a fact that everything takes time and they remain patient. Some warriors are able to directly turn those negative thoughts and feelings into motivation to submit an ad, write an article, or learn how to do something new. It is also acceptable to just stop working for a few hours or even a day to focus on something else.

For example you can do something that you enjoy – like going for a ride or a walk, or going to the gym. The point is to get away for a while. You should do this frequently anyway, because it is tempting to work around the clock when you have a home business. Being overly tired can definitely mimic the depression caused by dwelling on negative thoughts.

We should always remember to be realistic. Our dreams can make reality seem dull. However until we can make our dreams come true, it is reality that we have to live in. In order to stay on top of it all, we have to have a balance — hard work and relaxation – healthy food and rest, and to maintain our important relationships. Success in any business will only come through hard work and investing our time to make it happen! (…and a ‘stiff upper lip’!)

Starting a Legitimate Affiliate Marketing Business

When you begin attempting to build a legitimate Internet business from the ground up and you list the necessary elements, few people would have the skills or experience required. In lieu of those, few have the money to pay for the services they do not know how to do themselves. Whatever the business is, it is going to require you to do marketing and advertising to find customers. This requires learning about the most effective strategies, usually by trial and error. This can be time-consuming and expensive.

These are precisely why affiliate programs may be the perfect way for you to ‘get your feet wet’ just in so far as to determine if you even like Internet marketing before you try to build a business online. If you start out on your own, you will need to know several things that may include programming, web design, and connectivity, just to display a website on the Internet. You would need to create your own product or service that you could use to generate an income. Then you would need to promote it to get customers.

Actually you could spend years getting it all together and then more time would be required to promote your business before you would ever see a profit. Business universities teach that for an offline business, the average to make a profit is 5-years, during which time your expenses continue to mount. For example with a “brick and mortar” store or office outside the home, there is insurance, taxes, rent, inventory, staff, equipment, utilities and supplies. These expenses need to be paid whether or not you sell anything during that time. The great expense is one reason why it may take so long to realize a return on your investment or profit.

With an Internet home business you wouldn’t have all those ongoing expenses, however in reality it still does take time and lots of effort. Naturally if you have any money at all, it can help you make things simpler. While it still takes time, it is likely nowhere near 5-years to earn a profit if you are really focused on your business. That is of course dependent on what sort of a system/product you are creating.

However with an affiliate program, you may pay a small monthly membership fee and/or an initial larger payment. There are usually no contracts beyond month-to-month. Just with your small fee you are buying the right to use and profit from the program’s intellectual property. They have spent time and money to develop their product and to maintain their business and as such should not be begrudged for charging a reasonable fee.

The affiliate has the ability to use their resources, including the fact that they handle your sales transactions and serve your customers for you. So this frees your time and money up right there. When you make a sale, you earn commissions. It is a perfect exchange, as you are promoting their business and providing free advertising by your efforts to promote your business and earn money. That is why and how they are able and willing to allow you to use everything for what comparatively speaking is a very small amount of money. On top of everything else, the main thing is the time you are saving in development and experimentation.

Say What You Mean and Mean What You Say

Building trusting relationships is important in business – whether with your prospects, customers, peers, or vendors, etc. All good relationships are based on all parties being honest and open. If you say something is so, then make it happen. Sometimes something unexpected may prevent you from meeting your commitment. Stuff happens, but then just be honest about it. Let people know when you may need more time or whatever it might be in order to resolve the issue.

Take the initiative to report this to the concerned parties as close to the promised deadline as possible. When you see that you are not on time, or on point, then if possible even before the deadline let them know to expect a delay or whatever the change from the original agreement. Keep them up-to-date on your progress. This is showing respect and it can go a long way especially in a conflict or dispute. It is not so much just about the inconvenience this may have caused, but more about your word and whether you are to be trusted. It is said that sometimes you can actually deepen people’s belief in you by the way you handle errors or problems.

It can damage their trust in you if they wait, expecting you at a specific time, when they not only don’t see you then but also don’t even hear anything from you by way of explanation. As time progresses and they are still left hanging, they already know that you didn’t keep your promise – and no matter what, you have created a little breach in their trust. You may have rushed and not given yourself any wiggle room, and thought this would please them. However it has backfired because you actually needed more time. That is why if there is any doubt at all as to whether you can keep your promise, you should be honest in front. Give them an estimated time – ‘Tuesday or Wednesday’ – Note the word ‘estimate’ – that leaves you some room for contingencies because you did not absolutely commit to Tuesday.

Beyond personal business relationships there is the matter of publishing statements that include promises of income, time, support, etc. Again – don’t say it unless you know you can do it. For example if you are using the strategy where perhaps an opportunity will only be valid for 48-hours and you decide to extend the offer, then state that. ‘The offer was only for 48-hours, but due to the overwhelming response, (or whatever) we have decided to extend this offer.

The point is not to leave your counter displaying ‘5 more minutes left’ for the next 3 months. People will wonder what else you are saying that is not true if you don’t keep your word. Of course they may appreciate having extra time; however there may be people who do notice what are less than honest statements. If you are caught up in these situations too many times’ you will end up being ‘the boy who cried wolf’; he was the one that nobody believed anymore, even when there really was a wolf.

In the extreme this can actually become a legal issue for a business. One example is with ‘bait and switch’. This is where the promise may be that something costs a certain amount of money and that qualifies you to have certain benefits. However, after the sale it is revealed that the level at which you paid does not include those same benefits after all, and that you need to pay more in order to proceed. This is baiting people with a deal and then switching the deal without notice, after the fact.

This same dynamic in reverse however would work well and people will be glad you changed your mind. That is if you over-deliver. For example when the deal was 10 for $10; but what they get is actually 15 for $10. You have made a friend! This can also add good will when you have been late or some other problem arose. It’s a little gift of apology to give them something extra for their trouble.

Home Business Ideas and Opportunities

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