So you want to start a small home business?
Congratulations for taking the first step towards your freedom. Running your own business is the best way to take charge of your life but it can be a nightmare if you don’t do your homework. I am going to look at my top seven points that you must consider before you take the plunge and fire your boss.
It is very important that you do a thorough research in order to start your home business on a solid foundation. Your business model must satisfy the following key points without an exception:
1. Start small and cheaply.
2. Easy to scale up.
4. Can run without you.
It is very important that you work on yourself first before you start working on your home business. Just like a builder, you must have a clear detailed picture of what you want to achieve before you start. If you are a “doer” you must work on your soft skills and develop organisational skills. This will enable you to leverage people and systems and free up your time, and that should be your priority with every project you undertake.
From the onset you must aim to build a systemised business that works without you. Michael Gerber summed it up when he said “There is no difference between a small business and a big business. A big business is a small business doing things the right way”. That being said it is critical that you start your home business the right way.
OK, let’s dive into my seven check points:
1. Avoid the time trap
Start your home business right and avoid creating a stressful job for yourself. Do not trade your time for money. Create systems that will run without you. Most people leave employment only to find themselves working longer hours for less returns. Let that not be you. Always work on your business not in it.
2. Think big
Be a visionary. See the full picture of your product/service before you begin working on it. What services/products will you be offering and to who? Have a clear picture of your ideal client. How are you going to produce and deliver the product? What sales funnels are you going to use? How are you going to generate leads? What backend products are you going to offer?
3. Create a mastermind team
Create a team of contacts to help you run your business. It is advisable that you work with a mentor or coach. You will also need a graphic designer, copywriter, webmaster, lawyer just to name a few. If you are a techie you can save a lot of money by doing most of the work yourself when you start up but you don’t have to.
4. Start Small and cheaply
You should be able to start your home business with minimal capital outlay. Steer away from the traditional brick and motor business model which requires a large investment upfront. Start small, think big, scale fast.
5. KISS and scale up fast.
Yes, Keep It Super Simple. Make it so simple that it cannot be simplified any further, that way you can easily systemise your operations making it easy to scale up. Emulate the McDonald’s model. Chunk your operations into small tasks with detailed step by step procedures. Even if you are starting out alone do this as if you are teaching someone. If you really want to create passive income streams and free up your time, approach your home business as a system from the onset.
6. Systemise everything.
Once you are set, systemise your business and either automate it or assign a manager to run it then move on to the next project. It is important that you systemise your business if you want to avoid the time trap mention in this article
7. Be flexible and ready to embrace change
If you want to survive in these dynamic times you must be ready to embrace change. Technology is changing so fast, you need to keep up in order to remain competitive. Your flexibility will determine the destiny of your business. Study your competition and see what works, then go and create a better futuristic product.
This is a continuous process, never let it rest, until the good is best.
This article was originally posted on http://EzineArticles.com/expert/Thabani_Simbani/1984770
More and more entrepreneurs are working remotely. They may have an “office” at home, in a co-working space or even at the nearest coffee shop. Fortunately, technology has allowed everyone — even entrepreneurs who commute to a traditional office every day — to benefit from the flexibility of working from home when it’s needed or preferred.
Anyone who works from home will tell you that it has its benefits, yet also challenges. When I started my business in 1998, social media did not exist, I had no clients and most of my friends worked in a traditional office setting.
After working for a large hotel for nearly six years, I had grown accustomed to being surrounded by people each day. Working from home provided peace and solitude, yet I was lonely.
I had no one to interact with except my yellow Labrador. No humans were around for sharing ideas. I worked long hours, many in my pajamas. No one was there to hold me accountable for my work and I had to force myself to rise at a reasonable hour each morning and develop self-discipline.
But after a while, I set up a regular routine, joined some networking groups and adopted some best practices. Here are some tips to keep in mind to stay focused on your work throughout the day:
1. Set and keep regular office hours.
Most people who work from home find they work too much rather than too little. Other remote workers struggle to keep a regular schedule — working a few hours one day and pulling an all-nighter the next.
Some interruptions can’t be avoided. Client deadlines may unexpectedly require extra hours. Family obligations can interfere as well, especially if children are home during the day.
Do your best to set work hours and stick to them. Then try your best to leave work at the “office” and turn your phone on silent and enjoy the rest of your day. Give yourself some time to recharge so you can be as productive as possible.
2. Plan and structure your workday.
Structure your workday to maximize efficiency. Take advantage of your body’s natural rhythms and plan your work around your most productive hours.
If you know you focus best in the morning, resist the temptation to check email until 10 a.m. or later. A quick review of your calendar when you first start work can set you up for a productive workday.
Make a list of your most important tasks before you move on to less urgent business. If possible, shut your office door (if you have one) to signal to others that you’re working and don’t wish to be disturbed.
Related: Working From Home? Avoid These Not-So-Obvious Distractions.
3. Dress to impress (even if it’s just for your dog).
As enticing as it is to stay in pajamas all day, this is not the best work habit. The way you dress affects you psychologically.
Taking the time to shower, have breakfast, brush the teeth and dress can make someone feel more confident. Maintain a casual (not sloppy) work wardrobe to help you transition smoothly between home and office — even if they’re in the same place.
4. Set aside a designated work area.
Consistency is an important aspect to working from home. Try to work at the same spot every day. It could be a spare bedroom that you’ve turned into a home office, a desk located in the corner of the living room or even the dining room table.
Make sure your workspace functions efficiently for you, your business and your style. Surround yourself with things that inspire you and make you happy including flowers, music and pictures. Make your workspace a place you enjoy going to each day, an area where you can focus and do your best work.
5. Take breaks.
Schedule time for frequent breaks throughout the day. Rise from your desk, stretch or walk around the house or down the street. Take a lunch break and enjoy a midday meal.
If you need a little socializing, go out to lunch with friends or clients. A major advantage to working from home is having flexibility. If fitness is important to you, a quick trip to the gym can reinvigorate you and make for a productive afternoon.
6. Avoid distractions.
One challenge of working from home is accountability. With no colleagues or partners nearby, it’s easy to become distracted. There are always errands to run and chores at home to do. Do your best to put off household tasks, like laundry and dishes, until you’ve gone “home” for the evening.
Stay focused on work throughout the day to maintain consistent productivity. Avoid online distractions as well. Limit the time spent on email, social media and websites unrelated to work.
Set a timer on your phone or computer if necessary. Don’t waste time or money on meetings or activities that are counterproductive to your success.
This is a guest post by JACQUELINE WHITMORE (Author, Business Etiquette Expert and Founder of The Protocol School of Palm Beach). You can read the full article at http://www.entrepreneur.com/article/242115
I just stumbled upon this cool work from home opportunity. Whether you are just starting your internet marketing journey or you already have a successful home business this opportunity has the potential to take your business to the next level. Traffic Monsoon is an advertising and revenue sharing company and it is free to join. The good thing is that you can start earning as soon as you join.
You can earn in four ways with Traffic Monsoon:
- Paid to click
- Using ad services to generate leads to make money in your primary business
- Revenue sharing
- Direct sales commissions from your referrals
Watch the video bellow and click the link to create your free account. once you are inside you can start earning by viewing ads. If you need help with onboarding just reach out, we are here to help.
Countless individuals will heed to your call, flood you with relentless calls asking you the details about the job vacancy and will try to convince you to give them the opportunity of an interview.
You already knew the reality of this scenario. Hundreds to thousands of individuals will compete for this single job vacancy. One will go home with tears of joy, while the rest will go home with tears of sadness and regret that they did not make it to the position. That is the reality in the world of unemployment that each of us should realize at the first place.
While this “rat race” is going on, there are other companies that take off employees due to “streamlining of their business operations” and effectively serve the interest of their immediate clients. There are also employees who found themselves unhappy with their present employment situation, resigns, and try to find other jobs that will suit their specific needs. Unfortunately, these individuals are now among the millions of who are currently unemployed.
On the other hand, there are individuals who are just determined to earn not just enough but to strike it rich, and take the risk of starting a small home based business. They get out of the pressure of working on a stressful environment and enjoy the flexibility of their working hours. Although there are home base entrepreneurs who failed in their business venture, most individuals who started a small home base business continue their struggle, and luckily, generating substantial income before they realize that they do not need a regular job in the office to work with.
How good is it to start a small home base business opportunity? According to the U.S. Small Business Administration, there are several benefits of starting a small home base business.
• You will be your own boss, thus you have the power and the freedom to employ strategies that you think will work for the advantage of your own business.
• The hard work and long hours that you have invested on your small home base business will benefit you directly instead of exerting your efforts for the good of someone else’s business.
• Your earning as well as your growth potential is greater.
• Although it comes with several risks to your investment, your new home base venture will lead to endless challenges and learning opportunities.
The world of self-investment became more popular with the integration of technology, particularly the information superhighway or the Internet. As a matter of fact, a small home base Internet marketing opportunity is increasing at a fantastic rate as the employment trend drastically changed and as more individuals realized the opportunity is within their reach. Earning through the Internet is considered to be a legitimate way of generating sales and expanding the clientele base of a certain business venture. Subsequently, the continuous growth of the Internet as well as the business opportunity that comes with it offered an alternative to individuals who found themselves in between unemployment and poverty.
Small home base Internet marketing business opened new doors of opportunity for individuals who thought that staring a home business is almost impossible without huge starting capital. In fact, operating an Internet marketing business gives anyone the opportunity of working anytime and anywhere—as long as there is the presence of the Internet in a given geographical location.
There is a wide array of Internet marketing business opportunity that you can adopt for your small home base business venture. Affiliate businesses, online advertising opportunities, and other ventures—name it, the Internet got it. Such online business opportunities require specific knowledge, skills, and expertise. Thus, you will be able to determine whether an Internet marketing opportunity will work for you or not.
Whether you want to start either a part-time or a full-time home base Internet marketing business, it will start to instill the true feelings of freedom as you work within your own schedule, work whenever you are, and become the boss. Through this new business opportunity, you can get out from the world that once given you headaches and burden.
In the next article we will look at the basic setup of your internet marketing business and how to start it the right way. This will allow you to fire the boss and live your life.
Looking for a business opportunity that does not require too much start-up costs yet the return of investment ranges from four to as much as a five-figure income?
Looking for a business opportunity that provides you freedom without worrying that such freedom may affect your monthly income?
If you are, then Internet marketing is not a new thing for you. In fact, tens to hundreds of stories have been published and relayed through different tongues about the success of Internet marketers. Starting from scratch, they have built an Internet marketing empire, attracting majority of Internet marketing and generating millions of dollars in revenues. Moreover, they are enjoying the freedom of doing what they want to do with their business without someone telling them to do so. The combined power of freedom and business opportunity made Internet marketing one of the most sought-after industries nowadays.
There are hundreds to thousands of products that are now available over the Internet, and you can make your offerings unique, making a business opportunity that will work well. However, despite your clever mind’s brightest ideas, you must realize one thing-and that is, you need to put a lot of hard work, research, and effective marketing strategies to make your Internet marketing business opportunity successful not just within a few years but in the long run as well. Remember that the occurrence of individuals starting in their online-based business that make hundred thousands of dollars in just a few months is rare. Despite of the determination forged by starting Internet marketers, their business commonly lasts within a short time.
One of your objectives as an Internet marketer is to be the “exception to the rule”. As a self-starter, you need to invest on several important factors, one of which is establishing business goals, particularly long-term ones. You may wish to treat your Internet marketing business as a hobby and earn several good paychecks from it.
Applying effective marketing strategies will play an important role in the success of your online-based business. This must be included in establishing your long-term goals. Here are some of the strategies that you can use in building an Internet marketing empire all by yourself.
• Despite of an excellent business opportunity in mind, you need to test the market to see if the opportunity will work to your advantage. You can conduct your own research to find the existing opportunities for you and how you will market it. If you are still uncertain about the business opportunity in your mind, you can find several business analysts to help you select the investment that is worth of your money. Once you have found the niche that is unique in nature yet will turn out to be a profitable investment, you may now consider the next step.
• Establishing an effective promotional plan will help you choose marketing devices in order to achieve profitable results for your Internet marketing business. Make use of effective marketing plans and make sure that you master the required skills to make them more effective. You may wish to establish first an advertising budget. Determining first how much you can spend will help you maximize your capital for your resources.
• Once you have established your marketing plan, it is now time that you select existing yet proven marketing strategies that will work efficiently with your adopted system. Here are some of the strategies for you to choose from.
o Starting your own ezine- this is one of the powerful marketing strategy on the Internet. You will create your own list of subscribers and send them newsletters on a regular basis. This is a powerful way of expanding your clientele base for your Internet marketing business.
o Articles- writing high quality article content and submitting it to article directories have the potential of driving targeted traffic to your site. It is effective and at the same time free to use.
o PPC or pay-per-click advertising- this is the fastest way of getting targeted traffic to your business website. To further maximize its benefits, you must learn the importance and methods of determining highly searched and highly paid keywords.
o SEO or search engine optimization- optimizing your web pages will help your website achieve high search engine rankings. This is one of the most inexpensive yet effective methods of getting targeted traffic to your website.
Keep in mind that Internet marketing is the “pot of gold” you are looking for, yet needs to be applied with effective strategies that will help you grab that pot of gold and enjoy its benefits in the long term.