Starting a Home Business – The 4 Ws
Thanks to the Internet (and a still faltering economy) more people than ever before are working from home and hundreds of new home businesses spring up around the globe every day. Unfortunately about 80% of them fail within the first few years. Most of the time when a home business fails it is because the person running it just was not cut out for the unique demands and challenges that have to be faced by home business owners.
If you are considering starting a home business do not let the statistics put you off, but make sure that you answer these questions - the four W’s – to get off to the best possible start.
WHO – Who are you doing this for exactly? Are you truly committed to the idea of running a home business that enriches and empowers you or are you simply doing it because your bank balance is looking a little sad? If you are not sure who you are doing this for, you will have a very difficult time maintaining the motivation to achieve the level of success you desire.
WHAT – Do you have a clear idea of what you hope to achieve by starting a home business? Do you want to be able to quit the 9 to 5 rat race and support yourself with the profits from your home based endeavors? Or are you simply looking for enough extra income to have the ability to buy some of those big ticket items you can’t quite afford right now? Once you figure out what you are hoping to achieve you can set goals accordingly.
WHERE – As in where to start. There are hundreds of different work at home opportunities, some good, some great and unfortunately some are outright scams. Take the time to actually study what is being offered. How much is it going to cost you? Is it a one off, monthly or yearly cost? What is the actual product or service that you are receiving, and is there something else out there that may better serve your needs. Can you come up with some better ideas of your own?
WHEN – Knowing when the right time is to officially launch your new home business is essential too. Before you have that website go live have you double checked it for grammar errors, pages that don’t load or badly worded content? Do you have the proper systems in place to ensure that you can ship products to your customers in a secure and efficient manner ? Do you even have a good payment system in place? Do not open for business until you are quite sure you are fully prepared.
Generate More Content with Less Effort
Many home business owners spend a good deal of their time working on the content of their website/blog/internet marketing efforts. Whatever your niche having a strong internet presence is essential and in the world of Web 2.0 that often means a blog, a Facebook page, a Twitter account, Ezines articles, and the list goes on.
Whatever online trends come and go original, engaging content that informs, entertains and educates your potential customers is essential. But how do you do that when you’re already slammed trying to run a home business? There are ways to create a lot of good internet content with far less effort than you might imagine. Here are some ways you take a single article or blog post and make it work extra hard to promote your home business:
Youtube it – There are two ways you can turn a single article into a promotional video to upload to YouTube and other video sites. First if you are comfortable being the star of the show invest in one of the new FLIP video cameras and record yourself reading your article. These little wonders are practically idiot proof and uploading your final product takes just a few minutes.
The Pros and Cons of MLM
For some people when they hear the phrase “MLM marketing” they envision a slick talking salesman pitching his wares to anybody and everybody in sight. You may have even tried it yourself before and given up because despite what the advertisements and pitches alluded to you didn’t get rich overnight (or get that sports car).
Organize Your Home Office the Easy Way
Anyone who tells you that working from home is easy obviously does not do so themselves. Amid all the emailing, the phone calls, and the all-important marketing organization can got lost along the way and one morning you find yourself walking into your home office and thinking “What am I going to do about all this mess?”
Some people are born organizers, with a file folder for every need, a stack of pristine white notepaper at their side and a fully stocked and sorted office supplies drawer full of sharpened pencils and extra printer ink refills. Then there are the rest of us. But who has the time to clean when there are so many other things to be accomplished and not enough hours in the day as it is?
Virtual Assistant Business– Is it Right for You?
The Virtual Assistant industry which is continually growing can require very little in the way of start-up costs. VA businesses can be offered as both an individual service or company with a team of VA’s. As with any business there is a quite a bit of work involved and no guarantees for an overnight success. Successful businesses require more than a speedy internet connection and Microsoft Office.
Start Small – Many virtual assistants begin their careers on freelance sites like Odesk and Guru. Taking on small projects here is a great way to get your feet wet and a quick way to build a good reputation.




