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Business Owner

Easy Home Business Ideas – How to Avoid Top 3 Pitfalls When Doing Business From Home

I have to tell you the truth. There is a ton of information out there about making money from home. Jean de La Fontaine, a famous French poet once said, “All roads lead to Rome”. There is a certain truth to that, I’ll tell you. You can earn money just by working from home through many ways. However, in this case, why don’t we just pick one road and stick with that road until we get the result we so desire?
Tell me, are you aware of the following statistics? According to a survey conducted by Nielsen Online, 1.29 billion people buy products through the internet nowadays. In 2009, there is an estimated of 131.9 billion dollars of sales happened from the internet. Bottom line, internet is growing, and the potential market is limitless. The whole world population is your potential customers.
Now you can earn from the internet by means of several ways. Still, if you are a total newbie, I will say that affiliate marketing is the best way after all. Do you know that you can potentially earn additional $500-$1000 per month just by doing a single affiliate marketing campaign alone? It is really an easy home business idea, something that everyone can do right away. Nevertheless, not everyone can succeed.
One guaranteed method to succeed is, in my opinion, by copying a successful, respected, well-known mentor and follow what he or she did exactly. Choose a solid mentoring or training program and follow everything your mentor did. You can never go wrong with that. Now, the top three pitfalls that most people fall into when choosing their program and start doing business from home for the very first time are:
• Scams /Get Rich Quick Schemes – There are many fraudsters out there who want nothing more than to leech off your hard-earned money. I often saw ads that say, “Earn $2000-$3000 just by typing from home”. This kind of ad is improbable and unrealistic, which is most likely one of internet marketing scams.
How to avoid: Remember, earning money is never as easy as it sounds. If it is too good to be true, it probably is. Thomas Alva Edison said, “Success is 1% inspiration and 99% perspiration”. Work hard, work smart, never give up, and earn your success. You can’t get rich overnight. Be on the lookout for this quick get rich money scheme, and steer clear out of it if you see one.
• Rip-Offs – Over-priced mentoring program or maybe a whole bundle of free e-books or programs and then sold at an exorbitant price. Why would you pay for some program or e-books when you can get them free somewhere else, legally?
How to avoid: Perform your due diligence and search for any information regarding the product or program you are about to buy. Don’t just fall for the hype. One place where you can get invaluable information, at no cost, about internet marketing products review is IM Report Card
• Inconsistency – You bought a good, solid program. The next day, you come across an appealing program while you are scouring the web. Unable to resist the offer, you buy the program. It keeps happening weeks and weeks after. Next thing you know, you are left with thousands of dollars on your credit card bill, and zero in your bank account. Too much information and no action whatsoever will prove to be harmful to you.
How to avoid: Stick to one particular method or program until you make money. Model a successful mentor. Check his or her credentials. Why should he or she be the one who shall teach you to earn money from the internet? Once you settle on his or her program, do precisely what your mentor did. Copy it. Adapt and improve if you need to, but stick to one plan and focus all your efforts on that plan until you succeed.

No Picture
Business Week

Have Your Online Business Ideas Failed Because You Aren’t Doing This?

If you’ve been hanging around the internet looking for ways to build a business for any amount of time, I’m 100% confident that you’ve seen the pictures of young guys next to a Ferrari talking about how easy it is to make huge amounts of money online.
You’ve also seen all the outrageous claims of making over $20,000 a day from all of these different “systems” for making money off the internet. Now the only reason you could be reading this article right now is because you have tried one or more of these online business ideas with little to no success.
Trust me, I know how excruciatingly frustrating it can wasn’t that long ago that I was in the same position! I spent over a year working online full time, racking up huge credit card bills before I even made my first measly sale online.
I spent thousands of dollars on all kinds of different products looking for that magic bullet that would make me quick cash like they all said I could.
It wasn’t until one of the worst days of my life, in which I nearly hit rock bottom, that I had an epiphany…I had been treating my time as an internet marketer as a short term job, not a business.
That was a key shift in my thinking that really started to propel change in what I was doing online. I realized that I had to find a real, sustainable business model that had been proven to produce a consistent reliable income. I needed to be doing what the “guru’s” were doing, NOT what they were telling me to do.
Here’s where I had a 2nd revelation!
I had been trying to promote products as an affiliate marketer for all these guru’s (and some !) and when I started to think about what these guys were doing and what they had in common, one major thing stood out to me.
They all had affiliate programs!
That got me thinking even further, as there was no way that these guys were doing all the work of managing an army of affiliates. So I searched around some internet marketing forums and found out that every single one of these product owners employs an affiliate manager to take care of this for them.
Now I was really onto something here. Just think about all the internet marketing products that are launched every single week, and then when you throw in products in other niches…there’s a never ending supply of product launches that need affiliate managers!
You can take it even one step further and look at any business with an affiliate program, which the vast majority of them have, and all of a sudden you have an enormous market – $3 billion dollar one at that.
So I set out and developed a business out of managing affiliate programs for different product owners and it took off like wildflower. I haven’t looked back since…