Home Based Business – What Are You In The Mood To Sell?
The first thing you need to establish is what is it you are going to sell? A good percentage of people start looking online to make some extra money every single day. The only problem is they have no idea what it is they are actually getting involved with when they decide to get started in a internet home based business.
It has been my experience that most people who turn to the internet really do need more money and don’t know where else to turn.
Business Definition
An economic system in which goods and services are exchanged for one another or money, on the basis of their perceived worth. Every business requires some form of investment and a sufficient number of customers to whom its output can be sold at profit on a consistent basis.
I really believe that the only thing a person is looking for when they come online is for someone to show them the money.
What Is Your Perceived Value In Your Home Based Business?
This is an important question, because you will only attract to your business people who perceive that you have something of value to offer them. I would say that the all time biggest mistake is not putting across a professional image of yourself online. People look for authority figures to listen to online. You are seen as an authority only when you first start acting like one. That means being connected to the important social networks like Facebook, Twitter and LinkedIn. Using the tools of an internet marketer like for example a blog and autoresponder.
Understanding basic things like how to get your website indexed online. These are the things that are involved with an internet home based business. The reality, especially if you are network marketing online is that you can’t be a follower you must be a leader. People follow leaders not other followers.
What Makes A Good Internet Home Based Business?
The truth is it takes knowledge and experience to create your own info products to sell. It also takes some money to outsource different things like professional graphics and even web development. I would say only a small percentage of people who start business online can start creating their own products right away. Most of us need to dig in and gain some real world experience.
A good business is one that has minimal overhead and a easy to understand way to get paid. I am making the assumption that most people that read my blog is interested in earning an income from the internet. Online, it is the mentors/coaches/teachers that make the most money. It is the goal of an internet network marketer to teach another person how to attract like minded people to them.
While many people are firm in their belief that it is the product that has to be important. I am 35 years old. I will say this. People who are 50+ are brainwashed to believe that they need to have a physical product to make money. While you absolutely can make money online with a physical product, it is just as easy to make money with a digital product.
Don’t get me wrong, I have made many friends over the age of 50 from my online marketing experience. But that generation is old school. What I mean by that is many of them believe you need to have a good product and solid work ethics to get paid online.
While I agree that the product you are selling should actually be appealing to someone and that you absolutely need to be willing to work. Online that could mean sending a email out to your list that only takes you 2 minutes. As a internet home based business owner in the network marketing world all that you can offer is your willingness to mentor someone else in learning how to market on the internet.
Making Money Comes Down To Knowledge And Experience
As experience will show you over time the only thing people will be attracted to is the fact that you knew how to get their attention. (That my friends is the real secret to success in a home based business online. Be able to teach someone else what you are doing and you will find your success. )
Follow up with your prospects, be willing to be transparent and help as many people as you can see the possibility and potential of owning an internet home based business. I don’t like to fool people. People pay me for my time. The product I am selling is simply a way for me to earn through an online business.
Some folks look for business programs that cost $10 a month, but the reality is it is just as easy to sell a $500 product. The truth is there are thousands upon thousands of people online. Regardless of what the economy is going through, people still love to buy stuff and people still want Time, Money and Freedom. Now is the perfect time to start a home based business.
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Thank you for clearing things out. Most of the time beginners find internet businesses both alluring and confusing. A banner saying “ Earn 1,000 a day“ may be alluring for a newbie and most can be devastating after ones buys the “systemâ€. You are right in saying that you making money comes down to knowledge in experience.
Sadly, hype sells online. But sometimes the newbie needs to take responsibility. If it sounds to good to be true 99% of the time it is.
Thanks for sharing!
Hi Larry,
I feel as long as there is a product to sell, whether digital, liquid, solid, etc. and the company has a good reputation, that’s what matters. If someone joins a company, they should believe in, like and use the products too. Thanks for sharing.
Hi Steven, I agree with you. You do need to believe in what you are doing. If you don’t in the end you will end up failing anyways.
Having belief in whatever it is you do is the first ingredient to success.
Thanks for sharing!
First of all i think anyone who want to start a home business must believe in his power, must be optimistic and realistic otherwise he will fail. To do something like this you must learn and learn and learn again, nobody succeeded without losing first.
Hi Maria, thats right. We all fail at one time or another. It’s the ones that get back up that finally succeed.
Thanks for sharing
Hey Larry,
It all boils down to your ability to have an expertise in helping as many people as you can. People can go join some programs based on hype but will never forget someone who helped them and probably didnt ask for any financial reward.
It happens often when I help someone online and months after they come ask me what I do, and they join me because they realize that if I can help them when they didnt work with me, I’d be able to help them now that they are working with me.
It’s never about the product and the sooner people understand that, the better.
Thanks Larry for an interesting piece!
Tosin
Hi Tosin,
I agree you have a much greater impact on a person if you are actually able to help them in some way.
To often people get caught up with bringing more and more people into their business. They often neglect the person they brought in 3 months ago.
The better sponsor you are the better your business will be.
Thanks for stopping by and sharing, you have a cool blog!
These days more people are turning to home based businesses mainly for the reason that one can work at ease from home. Factors like unemployment issues, parents with young kids or the urge to work independently,…etc.are some of the factors which leads one to choose home based business. However, there are paper works related to one’s home office that one should take into account in order to obtain maximum benefit. Many people running home based businesses today are playing in millions and it is also true that there is no easy route to success but with focus and determination nothing is impossible.
Hi Veronica, I can relate to that. One of the most important aspects of starting a home based business is to make sure you have an area of your house that is dedicated to nothing but your business.
It is also important that your spouse, kids, roomates etc.. Respect that space.
Thanks for sharing!
Starting a home based business is one of the easiest and cheapest ways to earn money. What you mentioned about people that are 50 and older being old school is mostly true.
More importantly there are young kids in their teens that are kicking ass on the internet. Age isn’t a factor anymore like it used to be.
Hi Justin, thanks for stopping by. It is certainly one of the cheapest ways to start a business. I disagree though on the easy part, what some might see as easy others would find very difficult.
Thanks for sharing your thoughts
Earning from home based business is sounds like simple and easy but one thing is Facts here i.e. to earn money is NEVER an easy task whether is from home or from outside.
In this I am totally agree with you. Folks get join in such earning sources very easily but they don’t know from WHERE to start and HOW to Start. And for this decision the needed thing is EXPERIENCES and KNOWLEDGE.
Knowledge is most and only POWERFUL aspect through which dream of earning comes true otherwise one will play in DARK all the time and waste evrything and return is ZERO.
Developing your own business plan for your Internet home based business will give you a good guideline to achieving your goals.
I feel as long as there is a product to sell, whether digital, liquid, solid, etc. and the company has a good reputation, that’s what matters. If someone joins a company, they should believe in, like and use the products too. Thanks for sharing.