Monday, March 2, 2009
Improve Your Home Business With New Ideas
Generating new and fresh ideas is paramount to running a successful home business. Ideas are needed for developing, marketing and advertising your products or services, and used for resolving different problems you may encounter.
Below are three ways for generating new ideas that can help improve your home business.
1. Communicating with other business people on a regular basis can generate many ideas. There are a number of resources available online and offline that will allow you to meet new people. These include seminars, chat rooms, discussion boards and trade shows. By participating in these types of forums, you will stimulate your mind and develop new ideas.
2. If your preference is to not communicate in this manner, you can generate countless ideas by reading. Many types of reading material are readily available both electronically and in paper form. E-books, e-zines, web sites, newspapers and magazines will all stimulate your mind. Fresh ideas can be generated regularly by reading often.
3. If you don't have a lot of time to read, you could listen to audio recordings. Books, seminars and business courses are available on cassette or cd. This can be done while driving in the car, as you're exercising, or while working in the yard or doing house work. By using this technique, you can save time and generate new ideas simultaneously.
You can use one, two or all three of these techniques and apply them directly to your home business. As you're absorbing all this new information, it's helpful to take short breaks to brainstorm ideas. And, since new ideas can come at any time, it's a good idea to keep a notepad and pen handy.
It is often said that one idea could be the difference between the success or failure of a business! By continuously generating new and fresh ideas, you can help your business stay ahead of the competition.
Work at Home as Freelance Web Designer
If you are an experienced web designer, you could make your own home based job out of your knowledge and experience by creating websites for others.
Or, if you already own a Web site, there are many ways to generate income from it, and I want to share with you a few things that work well for me.
The first and most obvious thing I do is sell ad space on my site. If your site gets enough traffic, you can earn a great income by selling advertising space alone.
Of course, the trick is to KEEP your traffic high, and you can only do that by providing something that a LOT of people want. Most likely, no two people will give you the same answer if you ask them what that "something" is!
Perhaps you are constantly asked to help others with their website designs or asked "how-to" do something. You can share your website design knowledge with others via your own website.
Some ideas that might be quite useful to your visitors are web design rules, tips, tools, resources, product reviews, message boards where you could answer questions to help people having problems and issues with their sites or design problems, etc.
You could also use affiliate programs to generate a revenue from your site. You can find an affiliate program for just about any topic you can think of.
Most of the merchants I have partnered with are through Commission Junction, simply because they have been dependable and on-time with payments. They have literally hundreds of merchants to choose from, so it is very easy to find a product or service to promote that is relevant to your website's theme and content -- this is VERY important! Any affiliate program you join should be consistent with the general theme and content of your web site.
Good content at your site also serves another purpose; it keeps your visitors coming back. If you provide information that people are looking for, that in turn creates traffic and the traffic creates the income.
Business Opportunities Stay-at-Home Moms
As a Mom, you’re a jack of all trades. You cook, you clean, you drive your kids all over town, do the food shopping, do the laundry?and that’s just the first ten-hour shift on any given day. Salary.com estimates that full-time mothers, if they were to be adequately reimbursed for all the jobs that they do, would be making as much as six figures a year. That’s sure nice to hear, but we all know that being a mom, or a dad for that matter, is really a labor of love that has no price tag.
Despite the fact that being a full-time mom is something you do willingly, maybe there’s a part of you that really does want to get out there and interact with the public or showcase your talents or just earn some extra income. Who knows, you might have always dreamed of owning your own business, but because you’ve been busy raising your family, it’s never seemed like the right time. Or, you’re a woman who once was climbing the corporate ladder, but stepped off to focus on raising your children. Now you’re ready to explore the idea of returning to work in some capacity, but you’re not sure how or where or even what it is you want to do.
The delicate balance of work and family in this day and age is a tough one, for both men and women. Although for women in particular, having more options available to them than ever before can make life more interesting, but also more challenging. Decisions....decisions! If you’re a mother who wants or even needs to work and get paid for it, where do you begin?
Getting a job and earning money means resumes and networking, right? It also often means working for someone else. But, when you work for someone else, you’re schedule is not your own, you often have little control over your environment and salary, and the money you put out commuting or to buy a suitable wardrobe sure cuts into your take-home pay. What if there was another option, an affordable, manageable and oftentimes lucrative one that you might not have ever considered before? Welcome to the world of the business opportunity?where accomplished entrepreneurs are willing and able to put you on the road to creating your own business success story by following in their footsteps.
According to the second edition of Home-Based Business for Dummies, “a business opportunity is an idea, product, system or service that someone else develops and offers to sell to others to help them start their own, similar business.” Your customers pay you directly for your products or services, but unlike many franchises, you are not compelled to share a portion of your profits on an ongoing basis or to adhere to someone else’s idea of a business or marketing plan as your business grows.
Choosing Wisely
If the idea of being your own boss appeals to you, you need to know that all business opportunities are not created equal. Some of them are just plain more suitable than others for women who really enjoy being full-time moms first and foremost. And, some of them are just scams intended to get your money up front and leave you hanging. In fact, stay-at-home moms represent one of the biggest targets for scam artists out there, so be careful that any business opportunity you pursue is reputable.
A truly legitimate business opportunity is one that does everything it can to ensure your success. And, in the case of the stay-at-home mom, it also means choosing one that meets your need to balance work and family to your own satisfaction.
How to Start a Profitable Home-Based Business
In these days, it's becoming increasingly difficult to make ends meet with just one source of income. Thus, more and more people are investigating the possibilities of starting their own extra-income business. Most of these part-time endeavors are started and operated from the comfort and privacy of the home.
Most of these people are making the extra money they need. Some have wisely and carefully built these extra income efforts into full-time, very profitable businesses. Others are just keeping busy, having fun, and enjoying life as never before. The important thing is that they are doing something other than waiting for the government to give them a handout; they are improving their lot in life, and you can do it, too!
The fields of mail order selling, multi-level marketing, and in-home party sales have never been more popular. If any of these kinds of extra income producing ideas appeal to you, then you owe it to yourself to check them out. But these aren't the only fields of endeavor you can start and operate from home, with little or no investment, and learn as you go.
If you type, you can start a home-based typing service; if you have a truck or have access to a trailer, you can start a clean-up/hauling service. Simply collecting old news papers from your neighbors can get you started in the paper recycling business. More than a few enterprising housewives have found success and fortune by starting home and/or apartment cleaning services. If you have a yard full of flowers, you can make good extra money by supplying fresh cut flowers to restaurants and offices in your area on a regular basis. You might turn a ceramics hobby into a lucrative personalized coffee mug business. What I'm saying is that in reality, there's literally no end to the ways you can start and operate a profitable extra income business from your home.
The first thing you must do, however, is some basic market research. Find out for yourself, first-hand, just how many people there are in your area who are interested in your proposed product or service, and would be "willing to stand in line and pay money for it." This is known as defining your market and pinpointing your customers. If after checking around, talking about your idea with a whole lot of people over a period of one to three months, you get the idea that these people would be paying customers, your next effort should be directed toward the "detailing" of your business plan. The more precise and detailed your plan - covering all the bases relating to how you'll do everything that needs to be done - the easier it's going to be for you to attain success. Such a plan should show your start-up investment needs, your advertising plan, your production costs and procedures, your sales program, and how your time will be allocated. Too often, enthusiastic and ambitious entrepreneurs jump in on an extra income project and suddenly find that the costs are beyond their abilities, and the time requirements more than they can meet. It pays to lay it all out on paper before you get involved, and the clearer you can "see" everything before you start, the better your chances for success.
Now, assuming you've got your market targeted, you know who your customers are going to be and how you're going to reach them with your product or service. And you have all your costs as well as time requirements itemized. The next step is to set your plan in motion and start making money.
Here is the most important "secret" of all, relating to starting and building a profitable home-based business, so read very carefully. Regardless of what kind of business you start, you must have the capital and the available time to sustain your business through the first six months of operation. Specifically, you must not count on receiving or spending any money coming in from your business on yourself or for your bills during those first six months. All the income from your business during those first six months should be reinvested in your business in order for it to grow and reach our planned first year potential.
Once you've passed that first six months milestone, you can set up a small monthly salary for yourself, and begin enjoying the fruits of your labor. But the first six months or operation for any business are critical, so do not plan to use any of the money your business generates for yourself during that period.
If you've got your business plan properly organized, and have implemented the plan, you should at the end of your first year be able to begin thinking about hiring other people to alleviate some of your work-load. Remember this: Starting a successful business is not a means towards either a job for yourself or a way to keep busy. It should be regarded as the beginning of an enterprise that will grow and prosper, with you as the top dog. Eventually, you'll have other people doing all the work for you, even running the entire operation, while you vacation in the Bahamas or Hawaii and collect or receive regular income from your initial efforts.
Most of these people are making the extra money they need. Some have wisely and carefully built these extra income efforts into full-time, very profitable businesses. Others are just keeping busy, having fun, and enjoying life as never before. The important thing is that they are doing something other than waiting for the government to give them a handout; they are improving their lot in life, and you can do it, too!
The fields of mail order selling, multi-level marketing, and in-home party sales have never been more popular. If any of these kinds of extra income producing ideas appeal to you, then you owe it to yourself to check them out. But these aren't the only fields of endeavor you can start and operate from home, with little or no investment, and learn as you go.
If you type, you can start a home-based typing service; if you have a truck or have access to a trailer, you can start a clean-up/hauling service. Simply collecting old news papers from your neighbors can get you started in the paper recycling business. More than a few enterprising housewives have found success and fortune by starting home and/or apartment cleaning services. If you have a yard full of flowers, you can make good extra money by supplying fresh cut flowers to restaurants and offices in your area on a regular basis. You might turn a ceramics hobby into a lucrative personalized coffee mug business. What I'm saying is that in reality, there's literally no end to the ways you can start and operate a profitable extra income business from your home.
The first thing you must do, however, is some basic market research. Find out for yourself, first-hand, just how many people there are in your area who are interested in your proposed product or service, and would be "willing to stand in line and pay money for it." This is known as defining your market and pinpointing your customers. If after checking around, talking about your idea with a whole lot of people over a period of one to three months, you get the idea that these people would be paying customers, your next effort should be directed toward the "detailing" of your business plan. The more precise and detailed your plan - covering all the bases relating to how you'll do everything that needs to be done - the easier it's going to be for you to attain success. Such a plan should show your start-up investment needs, your advertising plan, your production costs and procedures, your sales program, and how your time will be allocated. Too often, enthusiastic and ambitious entrepreneurs jump in on an extra income project and suddenly find that the costs are beyond their abilities, and the time requirements more than they can meet. It pays to lay it all out on paper before you get involved, and the clearer you can "see" everything before you start, the better your chances for success.
Now, assuming you've got your market targeted, you know who your customers are going to be and how you're going to reach them with your product or service. And you have all your costs as well as time requirements itemized. The next step is to set your plan in motion and start making money.
Here is the most important "secret" of all, relating to starting and building a profitable home-based business, so read very carefully. Regardless of what kind of business you start, you must have the capital and the available time to sustain your business through the first six months of operation. Specifically, you must not count on receiving or spending any money coming in from your business on yourself or for your bills during those first six months. All the income from your business during those first six months should be reinvested in your business in order for it to grow and reach our planned first year potential.
Once you've passed that first six months milestone, you can set up a small monthly salary for yourself, and begin enjoying the fruits of your labor. But the first six months or operation for any business are critical, so do not plan to use any of the money your business generates for yourself during that period.
If you've got your business plan properly organized, and have implemented the plan, you should at the end of your first year be able to begin thinking about hiring other people to alleviate some of your work-load. Remember this: Starting a successful business is not a means towards either a job for yourself or a way to keep busy. It should be regarded as the beginning of an enterprise that will grow and prosper, with you as the top dog. Eventually, you'll have other people doing all the work for you, even running the entire operation, while you vacation in the Bahamas or Hawaii and collect or receive regular income from your initial efforts.
Home Business Marketing
How often have you responded to email from those in your downlines asking for advice on how best to run their online businesses and finding it increasingly frustrating that things JUST aren't working out as planned?
I myself see the same problems day and daily and it always point back to the same core issues. Let me explain one of them...
The very ethos of network marketing is based on sharing the products and services that you have found helpful in your journey towards success. The fact that you get paid for this is definitely a BIG bonus but networking can be found in everyday examples where people aren't being paid. For instance when people see a great movie, they tell others who in turn pass it on to create a blockbuster hit.
Word of mouth definitely is the best form of advertising and networking. The main point in the above example is that folks are being honest about their observations and this is picked up on by their fellows and so and and so forth down the line.
The problem with many network marketers is that they ARE NOT being honest in their dealings with online prospects. Their emails or telephone conversations are promoting something that they don't really believe in and this belief is being transferred to the people they are trying to recruit.
You cannot sell something that you don't absolutely believe in yourself, or at least you will find it extremely difficult to do so and all your efforts will result in ultimate failure.
The words coming from our mouths are actually a very small percentage of what is actually being communicated and even the tone of our email ads can scream "Scam" at prospects without us even knowing it.
This has been a fact in all my online dealings and yet it is something that is not easy to explain to newcomers who come online and believe that it is only a matter of "click send" and a ready acceptance of multiple checks in the mail.
Obviously the way around this problem is to promote those products and services that you actually DO believe in. From I have come online I have to say that the companies out there that inspire confidence have been by far in the minority.
Many companies will take your money and run and when you are the type that hands out money hand over fist with no money management skills, it is a welcome surprise to find a company that will actually teach you such skills and allow you to earn as you do.
I myself am a member of such a team and it is a perfect example of something that I truely CAN believe in, and this belief like mentioned above, is exuded to those I come in contact with through email promotions and online ads.
In conclusion, if you are choosing to promote products or services online ensure that they are something that you can honestly pass on to prospective affiliates and feel good in doing so. Your success ulimately depends upon it.
I myself see the same problems day and daily and it always point back to the same core issues. Let me explain one of them...
The very ethos of network marketing is based on sharing the products and services that you have found helpful in your journey towards success. The fact that you get paid for this is definitely a BIG bonus but networking can be found in everyday examples where people aren't being paid. For instance when people see a great movie, they tell others who in turn pass it on to create a blockbuster hit.
Word of mouth definitely is the best form of advertising and networking. The main point in the above example is that folks are being honest about their observations and this is picked up on by their fellows and so and and so forth down the line.
The problem with many network marketers is that they ARE NOT being honest in their dealings with online prospects. Their emails or telephone conversations are promoting something that they don't really believe in and this belief is being transferred to the people they are trying to recruit.
You cannot sell something that you don't absolutely believe in yourself, or at least you will find it extremely difficult to do so and all your efforts will result in ultimate failure.
The words coming from our mouths are actually a very small percentage of what is actually being communicated and even the tone of our email ads can scream "Scam" at prospects without us even knowing it.
This has been a fact in all my online dealings and yet it is something that is not easy to explain to newcomers who come online and believe that it is only a matter of "click send" and a ready acceptance of multiple checks in the mail.
Obviously the way around this problem is to promote those products and services that you actually DO believe in. From I have come online I have to say that the companies out there that inspire confidence have been by far in the minority.
Many companies will take your money and run and when you are the type that hands out money hand over fist with no money management skills, it is a welcome surprise to find a company that will actually teach you such skills and allow you to earn as you do.
I myself am a member of such a team and it is a perfect example of something that I truely CAN believe in, and this belief like mentioned above, is exuded to those I come in contact with through email promotions and online ads.
In conclusion, if you are choosing to promote products or services online ensure that they are something that you can honestly pass on to prospective affiliates and feel good in doing so. Your success ulimately depends upon it.
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