3 Things to Know If You Are Thinking of Starting an Online Home Business of Your Own

Having an online home business of your own is a great thing. Before you start into a home business there are a few things you should be aware of.

In this article we will go over three things to be aware of if you’re thinking of starting an online home business for yourself!

1. Do you have a product that is in demand in the marketplace? The Internet makes it easy to find these products.

For example affiliate marketing is where you get paid to sell other people’s products. There are literally millions of products you can represent online as an affiliate marketer.

Network marketing offers numerous ways to make money and provides products as well. This gives you the opportunity to learn about your products by personally using them.

Regardless of the business model you choose you must have a product that people are willing to purchase. If you have a product that falls into a niche where there’s a demand for it in the opportunity to make money in your own home business will be very high.

2. Do you have the right mindset to operate an online home business. People who are entrepreneurial do very well working for themselves.

However not everybody is entrepreneurial by nature. This is something you can grow into and that thought should be encouraging.

You will be facing many ups and downs throughout your home business career. Your ability to bounce back from those will play a big role in how successful you become.

People who are entrepreneurial view challenges or setbacks as opportunities. By bringing the right mindset to your online home business you increase the odds of overcoming setbacks when they arise.

3. Do you have enough time to put into your home business? Many people think the Internet makes it easier to make money. However the reality is you will have to work possibly even harder than you do at your full-time job.

This doesn’t mean you have to quit your job, but you must bring a certain amount of work ethic to your business every day. This means working on a consistent basis to build your business on the Internet to the point you want it to be.

This also means putting time into educating yourself on how to do Internet marketing. Developing skills such as generating traffic make a big difference in how much money you make.

There are many things that are involved in starting an Internet business of your own at home. If you’re thinking about doing this these are three important ones to carefully consider before you get started!

Yikes! Is Starting An Online Home Business Going To Be A Nightmare?

A lot of people think that starting an online home business will be a nightmare of technical issues, customer queries and endless hours of computer work. So, even though they like the idea of running an online home business, they never actually get started.

But is it really that difficult to get started. Let’s not kid ourselves that you’re going to make millions overnight. An online business, like any other business, does involve work. But people from all walks of life and backgrounds enjoy a healthy income thanks to the internet.

It’s time to stop dreaming, forget the nightmare stories and wake up to the 5 simple steps to starting an online home business.

1. Get Something To Sell

Got nothing to sell? Not a problem. Did you know that there are many successful online home businesses that generate their revenue by earning sales commissions from selling other people’s products and services? This is called affiliate marketing.You don’t have to worry about creating products or even buying any stock. Your job is to direct prospective buyers to a website page where the product is for sale. If somebody buys the product after being directed to that webpage by you, then the product owner will pay you a commission.

2. Build A Website

You’re probably thinking this is another nightmare! You’ll need a website as this will be your digital ‘store front’. Setting up a website is not as complicated as you may think. There are several website platforms that can get you online quickly and easily in literally a few clicks! You can even outsource the whole website set up if you feel that it’s too much for you.

3. Get Visitors To Your Website

The next step is to get prospective customers to visit your website. Website traffic is generated by two main strategies. Free website traffic or paid website traffic. Free website strategies include optimizing your website for search engine traffic, blogging, video marketing and social media marketing. Paid website traffic can be done in the form of pay-per-click advertising on search engines and social media or banner ads on popular websites.

4. Build A List of Prospects

It’s not likely that your website visitors will buy from you when they visit your website for the first time. So, to stay in touch with them you want to get their email address. You’ll need to add an email capture form to put on your website so that you can send out emails about your products or services once people have given you their email address.

5. Deliver Value

It will be a nightmare for your prospects if all you do is keep emailing them with sales messages. Send the people on your email list regular emails that contain information that has value. They’ll soon start to look forward to your emails, trust your opinions and advice and be much more inclined to buy from you.

Is It Really Possible To Start An Online Home Business With Limited Computer Skills?

It is clear that if you are going to succeed with limited skills in the online home business world then you are going to have to do your homework. You will come up against numerous hurdles along the way, but all of which can be overcome with a little hard work and perseverance.

Firstly, there is the terminology. Research starting an online home business by reading blogs and content sites, these will often contain words and abbreviations you may not understand. You will need to research these to define them and understand what they mean. It may be a good idea to keep a word page or note book with definitions of these terms at first as having to keep going back and forth to find out what they are every time you forget can be time consuming.

Once you have understood what you need to do and have a business plan in place you will need to find a way to put your plan into action.

Putting together a website, SEO, social marketing etc, for whatever online home business you have chosen can be a minefield for beginners. What are domain names? What is web hosting? Do I need a content management site? How do I install applications? How do I actually use content management sites? What about e mail, and auto responders? What is SEO? What are backlinks?

It can be all too easy to give up when frustration kicks in because the computer will just not do what you want it to or you go two steps forward and four back. There are however, solutions to your problems so be patient and don’t give up. Some ways you can get help are to use forums to ask questions of people with more experience, web hosts and content management sites often have excellent FAQ pages and e mail support.

Whatever you decide for your online home business whether it be affiliate marketing or selling e books or DVD resell rights if you have no experience you will have to spend time learning. Alternatively you could outsource all your requirements but this could be costly.

It may also help to keep a book for notes and ideas about your business, choose an idea and stick with it, don’t be tempted to switch to new projects until you have fully explored, tested and refined the one you are working on.

So in answer to the original question of can someone with limited computer skills start an online business? The answer is of course yes, if you are prepared to spend time and learn with patience and determination then you could have your own online home business. Part of the fun is in seeing it take shape as you little by little put together your very own online business and you will have the added satisfaction that you did it yourself (unless of course you employ someone to do it for you).

3 Words NOT to Use When Starting an Online Home Business

I have travelled a fair amount and now live in a different culture than what I was raised and one thing that is true wherever you go, some words mean different things to different people. Where I presently live, words I was raised to believe were swear words are commonplace among those who wouldn’t dream of saying what they thought to be swearing words.

The worst example of words with different meaning was a mission trip I organized for some youth to go to Scotland. One of the girls in our group had to actually change her first name for the duration of our visit because her name had a sexual connotation in Scotland and we didn’t want it to be a distraction. Silly, I know, but different words mean different things to different people.

I say all of that to say there are buzz words in Internet Marketing that should be avoided like the plague because of the connotations to some who have had bad experiences. If the goal is to “build your lists” with people from all over North America (and beyond) one needs to be careful how they present what it is they do.

Here is a list of 3 words that put off some people with a suggested word that says the same thing only differently.

1. Pyramid – Every successful online business has a residual income to it. Replacing the word “pyramid” with “residual income” makes it a whole lot easier for people to understand the concept of “signing someone up”. Lord knows that someone knows someone who was abused in a pyramid scheme somewhere.

2. Downline – Not a negative word in itself but it does give a sense that one is below another. What about replacing “downline” with variations on the word “affiliate”? Such as those whom you personally recruit would be your “first-line affiliates” and so on. “Affiliates” gives a sense that you are working together not that someone is working to make you rich.

3. Guru – It’s a given that in any profession there are those at the top of the food chain who have figured it out and are making a lot of money. Calling them a “guru” to your friends/prospects creates quite a distance between them and this “guru”. Simply replacing the word “guru” with the word “entrepreneur” means that we are all on the same journey, heading the same direction.

As you look into starting an Online Home Business you will also find that a sub-culture has developed with its own words like autoresponders, search engine optimizers and the like. It’s important to understand the culture BEFORE influencing the culture but also to understand the culture BEFORE introducing someone to the culture. And to do that you need to know what words mean what especially to the newbies (another new word).

All the best to you on this incredible journey. Find a glossary and get used to these new words and throw out the bad. You’ll be well on your way to success.

Dan Thiessen

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