7 Mistakes You Must Avoid When Starting a Home Based Online Business

Deciding to start your own home based online business could be one of the most profitable decisions that you ever make. You can leverage technology in a way that can allow you to control more time to take pleasure in the things you formerly didn’t have time for, because you were at the J-O-B trading your time for dollars. When you have, a home based online business you gain independence. You start and stop working whenever you want. You call the shots, you are your own boss.

Sounds pretty nice, however this can be a blessing and a curse. You see, the majority of people have been conditioned through the repetition of working day in and day out to trade their time for money (which is a terrible way to earn money) and when you are working a home based business you are earning money based on the service you provide, or the results of others, if you really understand leverage.

Many people new to the online world tend to accept as true that having a successful online business is easy and it is not. When you find out the major concepts, you’ll comprehend that it’s simple, but not easy. There’s a big difference between the two. Deciding to begin a home based online business can earn you more money than you ever imagined possible, however on the flip side it can also put you in the poor house if you’re not careful. There are people who have gone from nothing to earning millions in a short time with their online business, I know some who have earned nothing, and the difference between the two is often as fine as a razors edge.

When I first came online, I was on the wrong side of that razors edge and I’d like to share some mistakes that I and others have made when beginning a home based online business. Blunders you need to avert at all costs.

1. Quitting Your Job too Soon

This is a huge underestimate that far to many aspiring entrepreneurs make and one I made myself. When you initiate researching how to earn money online you open the access to a whole other world and it’s awfully easy to get dragged into the excitement and misleading promises that are out there. It reminds me of driving into Vegas, all the lights and the glitter, the hope to get rich quick. It doesn’t happen and many people online fall into this “hype trap.” They influence themselves that they can exchange their income in 30 days or less and they decide to fire their boss. Now, I’m not saying that it’s not possible to exchange ones income in that time, don’t get me wrong I trust we all have infinite potential and the being that can accomplish something like that has to honestly believe it. They have to trust it in every cell of their being and their state of mind must be belief and not mere hope or wish. A great teacher of mine gave some advice on this. He said before you quit your job, make sure your needs are met for at leat six months. This way you can focus on building your business and providing service. You can’t focus clearly on prosperity if you’re worrying about paying the mortgage or rent, or if you’ll have food. When worry comes in doubt and fear are not far behind and they are a cancer.

2. Buying Programs that Offer Overnight Riches

It is possible to earn money fast online, however if your new online you will more often loose. Every time I hear about someone having extreme results there is usually a skill that they posses or some other factor that is present. Other seeds were sown long before the results came. Follow your intuition; if it sounds too good to be true it usually is.

3. Trying to Rush Results

You see this when someone doesn’t know the process correctly. When you rush you use force and forcing doesn’t work. You can’t force a tree to grow, you just let it happen, and the same holds true here. Focus on regular income producing action-orientated activities and results will follow.

4. Buying Expensive Programs

When you are just starting your home based online business you don’t need to purchase the big marketing programs that cost $500 to $2,000 and even more. Don’t get me wron, many of these programs are great, but to someone new online they are confusing and unnecessary. Buying a big expensive course is like building a house starting with the roof. You must have the basics down before you start messing around with the superior techniques. Master the basics and move on from that.

5. Failing to Learn and Implement the Basics of Online Marketing

This one is HUGE. To have a strong home based online business you have to have a strong foundation. You wouldn’t decide to fabricate a house and commence with the roof, would you? No, you’d begin with the foundation because once you have a good well-built foundation everything goes up after that quite fast. The basic skills for your foundation are to create content, attract leads, build a list, provide value, build relationships, help solve problems, and earn money. Sounds like a lot and there are tools to help automate this as much as possible.

6. Trying to Many Strategies at Once (Focus on ONE thing until mastered)

Someone who bounces from idea to idea is usually lacking purpose. Get clear on WHY you are building a home based online business and this is deeper than making more money. Is it to spend more time with family, is it to be able to help others, what ever it is get clear on it and you’ll become more focused. Don’t get in the habit of jumping from one thing to another, “trying” a program or strategy and after a week deciding to find something bigger and better. Decide on one method, master it, get it producing revenue and then add another until it’s mastered. This is a marathon not a sprint.

7. Failing to Find a Mentor or Mastermind

In the best seller Think and Grow Rich, Napoleon Hill devoted an entire chapter to the Mastermind principal. This is vital, no one ever became successful by themselves, there was always a team a support group, someone to bounce ideas with, a mastermind. Network with leaders, read blogs find groups online with people who are having the results you desire. Your success is going to be determined by a large extent by the company that you keep, so make sure it’s good company.

Deciding to start a home based online business can be the most profitable and rewarding decisions you could ever make. Just avoid the mistakes I’ve outlined to save frustration, head aches and money. My advice to stay persistent, understand that you’re going to fail, but that doesn’t mean you’re a failure it just means you produced an unwanted result. See your failures as feedback that will let you to correct, tweak, and move on. Good luck.

Get Started With Home Based Online Jobs Today

Home based online jobs are becoming more popular than ever because many businesses are hiring freelancers or independent contractors as a way to cut costs. The fact is, if you want to work from home full time, you can do so and you can begin right where you are.

If you have worked in the corporate world for many years, you may not think it is possible to legitimately work from home. However, times have changed with the Internet and today it is definitely possible to work online full time or part time. The choice is yours. If you are looking for a job that allows you to work from home, you can find it, so long as you know where to look.

You also need to be very careful to avoid scams that some people online are running. These promise you the moon but do not deliver on their promises, and meanwhile you are out your time and money that you may have spent. If something sounds too good to be true, it probably is, so when you are looking for home based online jobs, be very cautious about the scammers because they are out there.

One of the best ways to earn money from home is by online advertising for various companies. Companies today spend a lot of money advertising on the Internet because this is where people are and in order to reach people they need help in writing the advertisements for the Internet. This is where you come in and this offers you a way to earn decent and honest money working from home.

If you have basic computer skills, you can learn online marketing and be on your way to earning a full time income. Of course, you need to learn the basics – “Rome wasn’t built in a day”. But once you have the basics learned, you can certainly have your very own home based business. Working for yourself frees up so much time and you are no longer driving in traffic everyday.

Of course, all home based online jobs require discipline on your part. This means that if you do not work, you will not earn money because no one is going to tell you to sit down and start working. You have to have this discipline inside you in order to make it work and to truly earn money.

If you are tired of making your boss richer, why not begin to build your home based business today. It can be a great way to have work that is exciting, rewarding, and fulfilling because you will be working on your schedule, rather than someone else’s.

It is easy to say that you will look into home based online jobs tomorrow, but as we know, tomorrow never comes and the more you procrastinate, the more you continue to work in the environment you currently are.

Beware! MLM Home Business Pitfalls of Building Online

Too many people these days become obsessed with building their MLM home businesses online, which more often than not results in their business dying!

Now don’t get me wrong, I think the internet is a great tool that everyone should be using to an MLM home business, or any business for that matter!

Am I talking out of both sides of my mouth?

No. Let me clarify (don’t you just love riddles?:).

Here’s where the problem lies: most people when they learn about online marketing go into “get-rich-quick mode” thinking that NOW they have finally discovered the SECRET that’s going to build their business automatically for them and make them rich overnight! All logic and reason goes out the window because they heard about some guy who went from homeless to millionaire in a weekend using the internet. That person therefore who may have been struggling and beating their head against the wall to grow their business suddenly finds out about this new previously-unknown-to-them “magical” way to make their business really work and basically stops building their business to become an online marketing guru/genius.

Of course, they don’t mean to put their business on hold but what they don’t understand is that – like any other great marketing approach or system – success won’t happen overnight, and they end spending more and more time learning and less and less time doing anything productive and guess what, their organization, however big or small, duplicates – they don’t do anything productive either…

Avoid the MLM Home Business Internet Trap

For most people, it may take 6 months and maybe longer to really master the different online marketing approaches necessary to create enough leads consistently – on a daily basis – where you no longer need to be prospecting any other way. Yes, there is always exception to the rule but when you consider the average networker only has a few hours a week to put into building an income from home, there isn’t much time left to learn these new skills and strategies. If you had 10-15 hours a day uninterrupted where you could study in a cave and really learn it, then yes, you could learn it much faster, in a matter of weeks probably, but that is very unrealistic for the average person, for the 80% of the networkers out there.

In order to create a growing, profitable MLM home business, you must be able to really connect with people.

Utilize the Internet for what it is, a great tool to leverage communications and marketing but don’t forget the fundamentals. This is a relationship business, and real relationships are built and maintained through communication.

Start slow when incorporating the internet, don’t go all in right from the get-go. Slowly start adding online marketing strategies to your existing business building approaches that are working. Perhaps setup a lead capture page to direct your suspects to – the people you need to sift and sort through to see who your prospects really are. Start communicating to your team with trainings and live presentations via webinar or online video format each week. Maybe setup a Facebook page to establish a basic online presence where you can connect with people and where they can go to learn more about YOU (again, people join people, not companies – don’t give out your company replicated website, give out your webpage, like your Facebook page to start) – you can also search for your prospects on Facebook and learn more about them as well.

Continue to build your MLM home business offline while also continuing to learn new ways of marketing and connecting online to create leads – but don’t sacrifice the offline activities for the online ones as you’ll only end up killing your business and having to start all over again. Anyone can begin an MLM home business from day 1 offline by keeping it simple and prospecting – simple, non-technical, duplicatable skills people have used and continue to use to create millions in their MLM home business (before there was the internet – or DVDs or cell phones even) and that anyone can learn.

But the same cannot be said for online marketing – it is a skill that must be learned, and although it’s becoming more and more necessary to have computer and Internet skills these days it’s still nowhere near as natural or common as talking with someone face to face, or even on the phone.

Again, the Internet is a great tool everyone building an MLM home business should learn and eventually master. But also realize that in reality it does take time, it won’t happen overnight. Also realize that people start and join MLM NOT because they want to push out the time frame to quit their job or retire or reach their goals but rather they join because they see it as a way to get there faster.

Therefore start with the offline methods and begin to slowly integrate your offline recruiting methods with your online generation efforts. As you begin to create more and more leads online you can cut back on your offline efforts or simply continue to both and make that much more money instead.

What duplicates duplicates

Again, your team will do what you do. If you focus only or primarily on online marketing so will your team and you will lose urgency and momentum and therefore substantial growth of your team due to the 3-6 month learning curve your people will have to overcome (plus you don’t want them getting distracted and only selling products and tools – no residual income, no leverage of people, no team, etc – big mistake!).