Many Fail To Make Money Online – The Real Reason

There’s many stories of professionals who forsake their day jobs in order to start their own businesses. Sadly though, there are also many people who are unable to make their dreams a reality. Even though they may try hard, their efforts do not result in sufficient income even to cover their living expenses.

To avoid complete financial ruination, these folks must accept the fact that they have no choice at the moment but to put their dreams aside and find another job to support themselves. Don’t always assume that this is due to the fact that available opportunities are not profitable enough for any sustained success. This scenario is not the real reason people fail to make money online.

This problem usually starts with a failure to have a business plan. Online entrepreneurs know that there are many ways to promote product ideas on the Web. However, they do not have a clear picture of what products have a market and who that market is that they need to reach. Instead of going out on a limb, a solid, stable foundation should be created from these criteria before you begin.

An appropriate work schedule is also key. Although if you are self-employed you can work whatever hours you prefer, you still need to work consistently and more or less frequently. Home business workers are so relieved to be away from the rut of their day jobs, that they try to bypass creating any structured plans for themselves.

If you are investing in products or ideas that do not create adequate excitement, that is a common mistake as well. When a targeted market does not respond to what a company has to offer, whatever relevance these products had originally, just keep disintegrating.

Nearly all start-up costs will be considered as a loss initially. Money is going out of your pocket for development but so far nothing is coming back to you. This is one big reason to avoid becoming involved with a company that requires you to purchase inventory either for potential customers or yourself. This is how people wind up in debt after trying unsuccessfully to start a home business.

Trying to understanding the real reasons many people fail to generate income online will help you to be more successful in your own efforts. Creating a feasible business plan, adopting a dedicated work schedule and choosing the right products, services and information will make a big difference. If you target an active and interested market it is possible for people to accomplish their goals.

Internet Marketing – Realizing Your Dream

When you were a kid did you dream about what you want to be when you grow up? You probably changed your mind several times by the time you grew up! If you had a solid idea of what you wanted to do by this time, you may have planned to attend college to create a reality from your dream. You researched which colleges had the best options, the best cost, decent housing costs for living either on campus or in an apartment, etc. You may have done this routine with a few different schools before you determined if one was just right for you or as close to it as possible.

The point is people have to create a plan that includes their ability to pay the costs, do the work, etc. If you want your dream(s) to become your reality, you have to create a plan and research it as you develop it into a step-by-step process that will get you where you want to go. You also need the ability to change direction when necessary. Your plans need to be both focused and flexible.

After graduation it will be the same type of planning where you will need to find the companies that are hiring in your field. Some of the things you will need to know to decide if it could be right for you are for instance, where is the company located? Will the company pay you close to what you are expecting? *(they say don’t ask this until you have been through a few interviews with that company). Will you or they be willing to compromise if not? Who do you need to see to arrange an interview? Since plans are usually dependent on different factors, some of which are beyond your control, you may at least consider what other options you may have. It is best to plan for contingencies.

If you dream of creating an Internet marketing (IM) business, then all of the above still applies. However, IM seems to attract its share of ‘mavericks’. Entrepreneurs do not necessarily have college degrees, so don’t give up if you can’t hack college. IM Entrepreneurs just need initiative and motivation and be willing to learn. If necessary there are other (much cheaper) options to learning online part-time so that you can still support yourself and/or build your business while you are learning. Check out ‘Community Colleges’. These schools actually are accredited (you can earn a valid degree).

You can start out to see if you like the industry just by joining an affiliate marketing program online for a few dollars. It wouldn’t be such a far stretch to assume that with a little hands-on experience in the field, you could start your own membership program.

Are You One Who Lives to Work or Who Works to Live?

Some people love to work and their job is a priority. These folks enjoy working and look forward to it. Others not so much and just show up for the paycheck and do as little as they can get away with. Hard to tell if they have something they really do like to do,like a hobby, such as photography or painting – maybe not even that.

It is pretty common to hear the expression ‘starving artists’. That’s because for some reason they usually spend several years of creating art that doesn’t sell and doesn’t often generate enough money to live on. Many times artists have no sense of business so they may mismanage most financial issues. Sad, but maybe something about the struggle may contribute to developing their talent.

If we live to work or work to live , the difference may depend t on whether you have a job where you are doing something you like to do if not just tolerate it well. Sometimes it is necessary to do anything we can to support ourselves when in dire straits. This may have to be okay for a limited time, but if it becomes a permanent career it can become a real mental and emotional drain.

Other than sleeping, our work consumes a large portion of our daily life. We should really try to be happy with what we are doing – or are forced to be doing. It really requires some strength to remain positive in a negative situation. However, if we are in a position where we are not really happy, we need to try to change it.

In today’s financial environment, we can’t just throw away a job, because the days are gone where we knew we could always find something better. We are fortunate if we have a way to support ourselves on any decent level. If we really want more, we have to believe that we can do it and then we have to take action to achieve our goals.

If we love to work it will be a lot easier if we have to develop a business to supplement our income, or to start mapping out a planning an escape from our hamster wheel (rut) to save our sanity among other things. If you are willing to try working at home at least part-time to begin to build a business you can get creative and build something you like doing.

Help Needed! Starting a Business Online

Our society wants instant gratification with everything. The faster we go, the more we want it to move faster. Give us ‘quick’ or ‘instant’, and we want ‘ready-made’. Starting a business online is no exception.

Some ‘pre-fab’ things work well and there is a real benefit saving time and money buying something that is all put together for you. It depends on the context. For a business there are things that may be too complicated for most. That alone is a good reason to find tools that can give us a head-start such as the Internet’s infamous ‘Business in a Box’.

If learning a programming language was required, well we just wouldn’t or we would believe we couldn’t. Too far out (technical)? This would prevent us from having a website or starting a business online in many cases. At least it would be the case if we had to take a time out for a few years to learn the language and get some hands-on experience. This would be more likely if the business was to be technical. If you just want to market opportunities and products online you really don’t need that level of skill at all.

People are not necessarily lazy. More so, it is usually just that some people can relate to technical things and some don’t. There is nothing wrong with that. We are all different. It is just that we should know our limitations as well as we know our likes and dislikes. If you are building your own business this is the time to make it what you enjoy and could do well.

There are several resources we could use to accomplish what we need. There are web design companies to create a website and some web pages for us, but this can be expensive or cheesy looking. Don’t be fooled by ‘really free’ website built ads on TV that are laughable. They make that point “really free not funny free”. Yes, really free to build it.

However don’t forget to mention that they charge a maintenance fee each month (average $100 a month). This may include some basic marketing and content that might be the right thing for you if you can afford it and have little time to invest.

If you have few technical inclinations and no desire to cultivate the skills, we can go the almost free way. We could build a website on a blogging platform. All we need there is hosting and a domain name which really are very inexpensive. You want to do some research on hosting though, as far as reliability and security, as the host is really what keeps your website running and displayed online where potential customers can see it.

The blogging platforms usually have a number of free themes you can choose from. You may start to customize it for your purposes. (Note that not all themes can be changed so pick one that can be if that is what you want).

If you can’t even afford almost free, there is a blogging platform where you don’t even need a domain or host. The drawback is that the design options are limited, and you will have a sub-domain which is not as professional as a top-level domain. In fact it screams ‘I am a flat-broke newbie’. No big deal, everybody had to start somewhere, but it may turn a few ‘savvy’ individuals away.

Success Recipe

The recipe for success when building a home business is first finding one! We need to find the right ingredients and instructions. Obviously it’s pretty important to follow the directions to the best of your ability. Learn a few basics before you try to do things on your own. It is probably not the right time to do things your way if you have never built a business before.

When you have learned some of the basics and have applied them to see how they work, then you can get creative and do things your way so that you will stand out, etc. If you don’t have any experience in the field however, you may waste resources (time and money) doing it your way when you are only guessing. It wouldn’t take that much time or effort to just learn a few facts.

Find some important expert advice and at least consider that they may be able to show you something you don’t already know. It is great to be a ‘non-conformist’ and to be creative, but there should be some foundation to start from. It may also help you if you have information that includes a ‘track record’ (statistics).

Starting a home business is not really like for instance baking a cake. With cake, if you don’t follow the recipe as far as the quantity of ingredients or baking time, you might end up with a lopsided lump that may even be inedible. With cake there is a right way and a wrong way. You do have more leeway with a business start-up to be creative as long as you have some valid frame of reference.

Above all else, what you don’t want to do is to find reasons to procrastinate or to waste time ‘reinventing the wheel’. If things require more technical expertise than what you possess at this point, don’t worry too much. You can learn what are actually very simple instructions, usually as you go along. Basic technical information will also begin to make more sense to you if you want it to.

Things will look very different to you in the near future, with a little experience and information under your belt. You will be more able to navigate and much of the stress will subside. Remember you do not need a degree in computer science or to be a programmer to learn how to function with your own business – eventually. Unless you actually want to have a technical business, there is really not that much you will need to know that is technical. At the same time though, you shouldn’t run away from it. Learn all you can.

An important ingredient for just about anything we do is Mindset. It allows us to have the ability to start anything, or maintain and succeed with anything. The best Mindset you can have in the beginning or the end is an open-minded willingness to learn (humility). Some things you can do at start up, and others will take time and experience to master. Don’t get in a rush which may only discourage you.

Persistence is Required

If you want to have a professional, profitable home business, persistence is required. It rolls next to determination. Both require patience to prevail. None of them are just for when you start out, as you must always be building momentum over time.

Sometimes people who work hard when they first start out, expect direct, almost instant results. Unfortunately more often than not this is not at all realistic. If you really want to develop a successful business it is a process that involves time. People are used to receiving direct compensation (paycheck). However, when you are building your own business it is totally different from having a job.

Most sales-based businesses depend on earning income directly. Probably to some it appears without a paycheck they are working without pay! For a time you might be while ‘under construction’. That is why it is probably best not to quit your job until you have established a steady income from home.

Even people willing to work, sometimes haven’t got any patience with the process. The harder they work the less patience they have. Patience is a very necessary component of persistence! It is sad to see the ‘newbies’ who are trying too hard and they start to rush. Before long that whole recipe turns into chaos where they are just going around in circles. Then they start spinning their wheels, instead of building momentum over time.

They get burned out and get broke; they become skeptical and discouraged; all because the will not have patience. Of course in part this is because money may be going out of their pockets and none is returning YET. It’s just human nature to want to see results! However, there is no ‘magic sauce’ for achieving instant wealth without work.

All of the people that are making substantial money on the Internet got it by W-O-R-K-I-N-G. They have done their time. If you are persistent and patient long enough, and really engage in your home business, eventually you will achieve your goal of major profit. It can be done but there usually are no shortcuts for most of us, we must build momentum over time.

 

Viable Home Based Business.

When you decide to start a legitimate home based business naturally you want it to be profitable and also flexible. You need the flexibility for a few reasons. A home business should not be drudgery like a job; so that you can have ‘wiggle room’ to allow you to live in an atmosphere of relaxed freedom; and you will also be more available to your family rain or shine.

There are a few ‘niches’ you can choose to work from home and it might as well be something you are interested in, or has some other attraction, since it is your choice. You can sell products for companies online and produce a profit right from your home. The products can be ordered online with you receiving a percentage of the proceeds just for inexpensive advertising; or you can be responsible for shipping the ordered product to the recipient if you want to be totally independent (and keep the change).

Childcare is another legitimate home based business. This business can be conducted from your home. It is actually quite efficient if you have your own children – why not add a few more that pay? There may be required safety inspection and other legal matters to implement first. Your business can serve two purposes. One is to provide childcare for those who need it. The other purpose is to provide income to a home based business like yours.

Do you like to cook? Another legitimate home business that can thrive in today’s world is a catering business. Providing home cooked meals to working people can be very nice as you can choose how many meals you can handle in a day. Do as much as you can, no more no less if possible. The profits can be pretty good and they are saying in some towns it is actually cheaper to have a catered meal than to shop at the supermarket. (Not to mention all the work). This can be such a good thing for the family receiving the meals as they have more time to spend with each other and less stress.

A cleaning service can be profitable and it is one of the easiest services to sell. Just mention ‘I clean houses’ in a conversation and you will have people begging for either one-time archeological digs or weekly maintenance. Again this service is such a help to the busy professional, freeing up their time and creating an atmosphere of well-being.

Another service you can offer either alone or in tandem with one of the others is a laundry service. The laundry can be dropped off at your home, processed and picked up when the person gets off from work. This is another time saving necessity that is performed by the home worker for the busy professional who does not have the time to complete it. Improve your life with the extra money you will earn at the same time as helping someone else.

Internet Marketing – What is the Difference Between Selling and Promoting

How would your mood change if you were out just taking a leisurely walk. Someone gets in your face and rudely shoves a flyer or brochure at you, pushing their agenda. You can’t really pass them without knocking them down. They force you to see or listen to their sales pitch. Are you feeling receptive yet? Hardly. This sounds completely unpleasant and ‘pressure’ like this is never recommended. It does not encourage someone to cooperate with you and quite the opposite they may become ‘resistant’.

The other obviously totally obnoxious sales strategy is when you answer your phone and either a person or a robot starts shouting a long diatribe about whatever their agenda is – sales, charity, or survey. (who listens). They do not stop as they spill out their script. The only way to stop it is to either just hang up or you literally have to shout ‘Stop! Not interested’ after they ignore all your polite, ‘no thank you’s’. Have these folks put you in the mood to buy in this atmosphere? Closer to phone slamming time especially since more than likely you have gotten several ‘appeals’ of this nature several times every day.

On the other hand, Internet Marketing is very different from other more intrusive mediums for marketing and sales. It is still sales and marketing, but on a very different level. You have the ability to not listen or not read whatever it is without getting in an altercation. Professional Internet marketers actually use a strategy called ‘ethical, permission-based eMail marketing’. This is where you do not contact anyone unless they request it (“opt-in).

The difference between selling and promoting is selling is trying to convince someone they want or need something you have, whether or not they are interested. Promoting is sharing information and then allowing the prospect to make a decision. Approaching someone who has expressed an interest has people coming to you and not you chasing them down. See the different dynamic?

Internet Marketing strategy is to build trust and relationship, by for one thing giving away information for free. Then if the person wants to know more, they come to you because they trust you. They may even feel subliminally that they owe you the business if they are convinced they need or want what you are selling. They appreciate that you tried to help them without any obligation.

When people consider you a winner, they want to know more about what you are doing. It is not you pushing it to where you can cause them to resist just because you are exhausting them. Give them a chance to think even if it requires a call-back. If you insist it has to be right now, then it may be never. Try to conduct a friendly transaction. They say people are much more likely to do business with a friend or acquaintance than just someone out of the blue. Remember to create a friendly atmosphere of trust before you try to sell something.

Working From Home In More Ways Than One

People usually have more than one capacity that they are trying to fill. You may be a mother doing the important family tasks like housework and childcare more than likely as an unpaid job. You may realize things would be better if you had more money. You naturally think of some ways that you could start a home business at your kitchen table while the kids are taking their naps. Although you love your family you have to admit you are bored with your life and need some mental stimulation.

We do not have much choice but to do it this way, since unfortunately most childcare would eat up any profit we might make at a job. We know we could do much more than we are doing – not to mention more money is always a nice idea. Staying home to work is nowhere the same as having to leave the kids behind every day. While you understand and forgive yourself for leaving them, they really don’t know why you are never there.

If you are a mom who works outside the home that would be the number one priority, after the children’s care itself. It is difficult for mom to have two first priorities.It also becomes more time-consuming to add in commute time. It gets to seem like you wonder if it is all worth it to gain 15-minutes a day to spend with the kids.

When you factor in unpaid travel and commute time to and from the outside job, as well as the expenses to and from, and for childcare, etc., then you see that they are not making as much real ‘spendable’ cash (profit) at the end of the day. So when you are planning on ‘converting’ your day job and you analyze how much it would take to be able to do that, a fact very much on the ‘up’ side, is that you can keep all that money you have been spending to commute and have your children cared for. So right away everybody in the family is benefiting.

Your Dream Home Business – Make it Come True

Have you thought about starting your own business in the past? Is it when you become profoundly aware that you are sick of your routine? It might be when you want to buy something and realize you really can’t afford it right now; or maybe it is when your boss seems to look down his nose at you.

Unfortunately just dreaming will not do anything except make you feel worse when you wake up. Fantasies can’t become reality unless you make them happen by taking action. It is your individual preference as well as ability to determine how long it will take you to create and implement a realistic plan to start a business. Perfectly fine that by the time you actually do it, it may have changed several times. This can be a good thing so that you get the closest thing to your dream.

Be sure to find a business that has a market. It is great if you are creative and innovative, but for a thriving business you need to appeal to the masses. Unfortunately you may need to make your name with the status quo and then roll out the really unique things you may have in mind. Show them that you have ‘what everybody wants’ before you appeal to their more abstract tastes. it is the status quo that generates business for the most part – what ‘everybody’ wants. You can do both – eventually.

An affiliate program is a great way to ‘get your feet wet’ and without spending an arm and leg, find out if you like marketing and advertising. With a simple process there is really no maze where you must spend years in the learning curve.. Maybe this is ultimately not going to be the path you choose. However, you need to learn first, and the best way to do that and get some hands-on experience is the easiest, fastest and most inexpensive way. (the ‘business in a box’).

You may end up being satisfied with being a super-affiliate making lots of money and have lots of followers; or just a ways down the road you can take what you have learned and go a different way. At least you will know and not have to always wonder.

It is important that you know how things appear from the customer’s perspective. Becoming an affiliate yourself for a while will show you things you might not realize even if you are the most proficient engineer or programmer. You do want a ‘user-friendly’ business where average people can function and be able to use the tools and resources provided.