Home Business Ideas and Opportunities

Archive | December, 2014

Starting a Successful Online Business – What is the Recipe for the Magic Sauce?

It would be great if there really was such a thing as the ‘magic sauce’ that would make us all rich with little effort or investment. It is really a mystery why some people succeed and some don’t. Instinct may say that one worked harder or smarter than the other and maybe that is a key; or maybe one had more money to invest. There are many wildly successful entrepreneurs who dropped out of college or never went – so while in a job career a degree may be the key to a higher income, it is not necessarily so when you are in business for yourself.
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Since we are the sum total of all of our experience, maybe there is an advantage to prior business experience. Certainly knowledge and wisdom never hurt; so all of these things may be considered ‘education’. Maybe that is why some schools will give us credit for ‘time served’ – on the job and other life experience that does equip us to survive and thrive. With the advent of everyone having access to the Internet, we have a vast virtual public (free) ‘library’ of information on just about any subject.

Not only can we read about and learn concepts and theories as in a school book, but we can have real examples in links that are as close as a click. We can research and analyze and learn just about anything we need to succeed. The key is just in doing that and then in taking action to use what we have learned. Of course there are also opportunities to just set something up and get going, for example as an affiliate marketer or independent distributor. Even with all the things done for you so that you can just ‘plug in’ and go, you still need to know HOW TO promote those businesses in order to start what can become a successful online business.
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One issue appears to be confusion about some of the terminology bandied about in the industry, such as ‘passive’ income. Just to clarify this in front, let’s take ‘passive’ – When it comes to income, definitely not the classic definition, “accepting or allowing what happens or what others do, without active response or resistance”. No way. You will get exactly nowhere in business without an ‘active response’.

What ‘passive income’ actually means is for example having ‘residual income’. This would be passive because you make the sale only once, but then receive commissions every month on that initial sale; specifically if you are earning money from referrals, as long as your referral remains active you will keep passively earning money. This still does not mean you can make a sale and kick back – you do need to keep aggressively pursuing new business because of the fact that people frequently quit the programs. Ideally you don’t wait until you have no income from that source and then find a replacement. You need to ‘stay ahead of the 8-ball’.

Secret Diary of a Work At Home Business Woman

Let’s just start out with the bottom line – work-wise, is Kicking It!
She works around her life rather than her life needing to somehow fit in around her j-o-b’s.

She gets up when she wakes up, no need for the alarm shock treatment to begin her day!
She can come and go as she pleases because she is on a 24-hour clock. There is no rush to cram everything into a small space of time, the ‘8-hour workday’. On the other hand, if she did need to do that for some exceptional reason, for example to free up the rest of the day, she could – it only depends on how it strikes her at the time! Every day can be different!
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She knows one must be diligent (number one priority) to plan and organize her time so that all of the daily tasks are completed timely. This allows her to really enjoy her ‘me’ time even more – again, no rushing, no guilt, she will enjoy taking a walk in the fresh air, going shopping and running errands, off and on — and then periodically doing various business functions = in ‘chunks’ – or blocks of time.

Get it done and then escape! This is an important point and that is that you can and should do it the way it works best for you. Can you see how that would make you so much more creative and your mind more open if you were able to do things the way you do them best, rather than having to do them because of some bureaucratic or regimented rule of thumb.

She knows it is of the highest importance after getting everything done on time, that we get out of our offices! Break free! She knows that one doesn’t want to start living in one’s office! It is your office that is in your home. Not your home that is in your office. Or is it? Very important to shut the door – it is not slacking to take your mind away from business for regular periods other than when sleeping!
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She can get real ‘cabin fever’ or start feeling like a hobbit from being ‘home bound’ too much. Home is where the heart is, but there is a whole world out there – whether we are working in an office building or from home for that matter, we can really miss the whole day – all daylight hours — if we are too immersed in our work all the time!

In fact that scenario is probably more prevalent with those that work from home – working too much instead of not enough. There is no going home from the office when you work at home. She knows that it is not healthy to do nothing but work. When you enjoy your work it is much easier to enjoy your life as well, however ‘too much of a good thing’ is still not being balanced! We need to work hard and get plenty of rest and relaxation too!

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