Starting a home based business is a fantastic way to earn additional income part time or full. You can build a six figure or higher residual income using your home computer and a few hours of your spare time each week. It is estimated that each day nearly 200,000 new people log o­n to internet for first time. Many of these people looking for a home based business.

Some of these people will go o­n to create a full time income equal to or exceeding their current pay from their jobs. You need very little capitol to start a home businesses and you can work hours that are best for you.

Developing an opportunity mindset is key to your business success. Your business success is largely determined by your thoughts. If you believe that you can be successful in your business you will be. Henry Ford o­nce said " if you believe you can or you can’t you are right."

Self-motivation and keeping an optimistic perspective is vitally important. You must possess desire to succeed and take action everyday regardless of what obstacles you encounter along way.

Your level of success depends o­n time and effort you are willing to put into your business. To reap greatest return o­n time you invest you must keep a positive outlook and maintain belief that you will eventually succeed.

There are too many things to do, and such little time! So how does one get all of these things done without interfering with family and friends time? The answer is simple enough, but not very easy to do. It's called Time Management. Managing your time to make your time spent during "business hours" most productive it can be.

There are many distractions when running an online business that many people easily become victims of. Some at home examples are things that consist of your everyday. Things like chores that need tending to, eager kids simply wanting your attention, television blaring, dogs barking, errands that need to be ran, and on down line.

Some classic examples of distractions that occur online are not as easy to identify, but can consume many hours if you're not aware of this. A good example includes just "surfing" for something, and you get sidetracked and end up reading something that you weren't even looking for to begin with! Another classic example is how many times you check your email a day, or how much time has passed before you last checked it. How much time do you spend visiting discussion boards or online communities? What about emails you respond to? How much of your time is consumed by that? These are all examples of distractions that can get in way of your businesses productivity.

It all boils down to time management. Listed below are some good things to consider when using your time online for business.

1) Make A List

You've probably heard this before and with good reason! Write things you need to do with your business down on a piece of paper. List in order things by two factors. One is importance, and second is which of things you least would like to do.

Once you have your list, put them in order of things most important and are you're least favorite at very top of list. This way, more important things that need to be done will get done first, and you won't procrastinate because it's written down. As you progress with your list, you'll find that last things you need to do will go by very quickly because you'll enjoy doing it.

2) Set a time Limit