Build the Snowball and it will RunWritten by Kenny Hemphill
Setting up your own online business can seem extremely daunting. Whether you’ve already got a business and want to sell products and services online or want to start from scratch with a new business, there is a great deal to think about.However, despite economic doom and gloom, there is real money to be made from web-based businesses. But where do you begin? If you’re starting from scratch, first thing you need to decide is what you’re going to sell and who you want to sell it to. The Web is a global marketplace, but that doesn’t mean your business has to be international. Some of most successful internet businesses target tight niches. When making decision about what type of business to start you’ll need to research types of products and services that are in demand and competition for supplying those to customers. The ratio of demand to supply will give you an idea of likely profitability of any business idea. After all, there’s no point in starting a business that’s not going to make a profit, is there? If you have expertise in a particular subject or area, then that’s a great place to start. If there’s a subject you’re passionate about then start there. Focus on what you can offer that’s unique. It’s much better to offer something unique in a small niche market than try and compete with a thousand other companies in a huge market. Remember bigger market more competitors you’ll have. And on Web, chances are high that they’ll all know more than you about techniques associated with marketing and selling on internet. If you’ve already got an offline business that you want to promote on Web, or have products or services that you want to sell on internet, then you’re a good part of way there. However, whether you’ve already got a business or have a good idea for starting one, there’s a great deal to do to be successful on Web. You have to come up with a domain name and register it, build a website (or get someone to build it for you), and find someone to host it. If you want to sell products or services directly from your site, you’ll need to build-in online shopping facilities, and if you want to accept credit cards, you’ll need a merchant account .
| | Common Work At Home Success CharacteristicsWritten by Kirk Bannerman
Do people that are successful in home based businesses share some common characteristics and, if so, what are primary ones?The dictionary defines successful as: *having a favorable outcome, or *having obtained something desired or intended, or *having achieved wealth or eminence When applied to a home business, I think definition of word successful involves a combination of financial gain, time flexibility, and being able to call your own shots (being your own boss). The order of importance will vary from person to person. I have had good fortune to be quite successful with home-based internet businesses. No, that is not completely accurate, I have had success because I have invested a lot of sweat equity in my work at home business activities. Having spent many years in corporate world, I am a firm believer in team aspect of business and so I naturally gravitated toward network marketing instead of trying to go solo selling products/services and competing with big players like Yahoo, Amazon and other well known names. After doing considerable research, I found a very well established and financially solid internet-based company to work with. Using my business experience in "offline world" and developing my internet marketing skills on fly in an OJT (aka: on-the-job-training) format, things have gone very well and I recently spent some time trying to identify some of primary traits that are common in my most successful team members.
|
