Saturday, January 26, 2008

Free Home Based Business

A free home based business will not work. Plain and simple. Yes in it a perfect world it is nice to think it would.But this world is far from perfect and you are better off joining a solid business, than wasting your time with a free home based business. Just think about it for a second.

When you are in the market for a free home based business, what are you really saying about yourself? You are saying you want something for nothing and with that mentality you are going to ripped off left and right. You will never make any money looking for something for nothing. It is just a fact. There is no such thing as getting something for nothing in life.

And if you do get something for nothing in life, life has a way of balancing itself out. This is just a fact. Look at lotto winners or anyone else who has not earned what they have in life. Paris Hilton and these other spoiled brats are a perfect example of life balancing itself out. It always happens, regardless of who you are or where you come from. Something for nothing does not exist and it does happen you end losing what you have.

Now you can make a lot and I mean a lot of money with a home business. Which is why even Donald Trump endorses it. But you will have to put in the time and effort. There is nothing for free in this life. You must be passionate and really want it in order to succeed.

And this does not just go for business it also goes for anything in life. There will be ups and downs, people will mock you and try to kick you when you are down. It just comes with the territory when you go after what you want in life. But once you make it those same people will be the ones kissing your butt. True this does not pertain to business but the moral of the story does.

When I was in high school I was on the football team. My junior year we went 0 and 10. We lost every game that year. We were the laughing stock of the town. It was really bad. But we did not tuck our tails between our legs and hide. No we worked harder than ever before.

The week after the season ended we started training. We trained for the whole year and for that whole year we were criticized and laughed at by everyone. But we just kept on working and training. When the football season came around the following year, we won the whole thing. We won the championship. Needless to say everyone who put us down had joined the band wagon and was now kissing our behinds.

Now this is what being in business is like. People will think your crazy and say terrible things. But once you make it they are all your friends. This is just the way business goes, especially when you are first starting out. There will be ups and downs.

And if you are looking for the easy path or something for nothing, I will tell you now you will not make it. You must have the right mindset and you must understand there will be highs and there will be lows. If you think it will be a cake walk then you should just keep your day job because you are just wasting your time.

And looking for a free home based business is the wrong mentality to have when looking to build a business.

Top Home Based Business

What should a top home based business have? The answer could differ depending on who you are talking to but these are the things I believe a top home based business should have. First off anyone offering to build a business for you. Or offering you something for nothing is lying to you. Plain and simple.

You should not fall for these scam artists. They will tell you anything just to get your money. Get rich quick is not something you will find with a top home based business. Any business you join will take work and daily effort to get it going. There is no such thing as get rich quick. Once you understand this you are well on your way to making the big bucks.

Many people come into this industry with the get rich quick mentality and that is why they fail. They expect to make the big bucks overnight and when they don't they quit. When they quit they have no chance of ever making the money they dreamed about. If you come into this knowing it is not get rich quick and knowing there will be ups and downs then you are prepared to weather the storms.

Once you weather the storms you put yourself in a great position to make huge amounts of money. You see there is a learning curve everyone goes through, unless you have prior experience in this field. You will have to learn what works and what does not work, in order to make it.

Many people don't stick it out and that is the main reason they fail. If you are ready and willing to stick it out and learn from your mistakes then you have a great chance of making huge amounts of money.

You should first look at the training program they have in place. The training is key in order for you to succeed. Bad or no training means you will not make any money.

If the training program is solid and gives you realtime information then you are well on your way to making good money. The training program is huge for people who have never succeeded with a home business before. If you have already built successful businesses before than it is not as important for you to have the best training.It is really important for people without any training to get the training they need.

Whether the training comes from the company or your upline it does not matter. All that matters is you have someone to guide you along your path to building a successful business. Once you have the training you can take that training and make any business successful.

This is the most important part to understand when looking for a business. The training and advice you receive will either make or break you. Which is why it is so important to get the proper training.

Next look at the comp plan it has to favor you and not the company. Many comp plans are setup so it favors the company and not you. I have seen some crazy comp plans out there. Actually do the numbers and do the numbers realistically. If you have never had a huge downline take that into account.

Do not exaggerate the numbers, it will only hurt you in the long run. If you are a heavy hitter then this does not apply. But if you are not a heavy hitter you have to be realistic with yourself. You have to see if it is even worth your time, many companies are not worth your time at all.

I will tell you a quick story when I first started out I joined a certain well known company. Well I already had a strong business and marketing background so I was able to add huge numbers to my downline in a short amount of time. By the time I was done after 2 years I had a little over 67,000 people in my organization worldwide. But here's the funny part I was only making a little under 3 grand a month.

The company on the other hand was making a killing. I learned my lesson the hard way. But the comp plan does matter and you should do the numbers before joining up. The only exception to this rule is if you are going to get to work personally with a heavy hitter, then it is better to gain the knowledge from that person.

These are the two most important things to look at when joining any business. Yes the product is important but what good is having the greatest product in the world if you have no way of selling it.

The only product that sells itself is called drugs. You must have the knowledge and training needed, in order to make the type of money you want. This is what a top home based business will have.

Internet Marketing

Internet Marketing - 4 Effective Strategies That Will Boost Your Business

By Gudmundur Sigurdarson

The world of internet marketing is no different than the world of traditional business. There are certain strategies you can use to get ahead and drastically build and/or grow you business. I am just going to tell you about 4 strategies that have been extremely effective for internet marketers. More importantly I will tell you why these strategies have been so effective for internet marketing specifically.

Internet marketing strategies #1 - make it easy to manage your website

Find content management systems or website design software that allows you to changes to your site very easily. The easier it is to setup and manage your website the more time you have to focus on other aspects that matter more, such as your marketing efforts. I often coach internet marketers and the first thing I find out that they are so busy trying to "save" money that they sometimes waste several days working on their website. There are content management systems out there that cost a little more, but are worth it because it gives you more time to make money. The reward is much higher than the amounts you put out to get access to these types of systems.

Internet marketing strategy #2 -Expect some basic expenses

So many people that get into internet marketing expect to be able to everything for nothing. Even though there are quite a bit of things that can be done without any costs, you are always going to be faced with certain expenses. Just your basic costs for running a website and having a good auto-responder system is going to cost you about $30-40 a month. In addition if you want to do effective advertising you should expect to spend some money on SEO and PPC as well. Do what any business should do, take at least 7-10% of what you earn and put it back into marketing. In the beginning you can estimate that you will need to put out that same percentage of what you would like to make. This means that if you would like to make $1.000 expect to spend $70-$100 making it. Your best marketing expenses can be investing in educational material.

Internet marketing strategy #3 - Find good information or mentors

You can do this in one of two ways, either hire someone or gather as much information as you can by doing research. The faster way of the two, is probably hiring a mentor and boost you into making money online very quickly. The gathering and information learning that way require two things of you, first you need to be able to look at what they are doing and understand why they do it that way. The other one is simply getting all the free guides that are given away. You would be amazed with the amount of information that is given away. The downside or possibly a good bonus is that you will probably be required to sign up for multiple opt-in lists to get them. I know people that subscribe to 8-10 different mailing lists just to get access to free information. If you pick the mailing lists you sign up to wisely you can learn quite a bit. Of course buying a book on SEO or hiring a mentor will be quicker and easier, if you find a good one they will be able to work with you and help you understand exactly what it is that you need to do.

Internet marketing strategy #4 - Be active online

Of course you have to actively advertise online that is pretty much a given. One of the extremely underestimated strategies for new internet marketers is the power of chat forums and the willingness to give away advice and help to others. This can be good strategy for those who actually information instead of an actual product, even though it can be great for some products as well. When you chat, and do chat forum advice correctly it can bring you quite a bit of traffic. Do not even try to push people to your product by saying things like "You can find the answer in this product". Make the sale by giving away part of the advice and then you can tell people where you found the information. This is much more effective than telling someone to "buy" the answer. Another way you can be active online is to give away information in other ways, such as maintaining a blog or some other form of free advice or help. No matter which way you choose, giving away information can be effective when done right.

If you think about these 4 strategies they all relate in one way or another, they all deal with how to manage your time and how to invest. There are of course a few more things you need to keep in mind. But these four very basic strategies should at least get you started. I wish you the best of luck with your internet marketing business, if you foundation is good and you understand how to manage your time and your money, you will do great with online marketing. Just like you would with a traditional business, the great news is the risk behind starting an online business is far less of an investment than starting a brick and mortar business.

If you would like more information about internet marketing you can visit our internet marketing blog.

Gudmundur Sigurdarson (Gummi) is the founder of Redknight Marketing, online marketing and website design, Mindformula, life and executive coaching and 10make90, internet marketing resources. He is the former VP of DesignEuropA where he worked with several hundred businesses over the course of 6 years, helping them grow their business both on and off line. Mr. Sigurdarson created the sales manuals, sales training, franchise model and franchise training program for DesignEuropA. In addition Mr. Sigurdarson has written a number of books on personal and professional development, online marketing, website creation and business startup guides. Mr. Sigurdarson has a dedication to helping people succeed, he does this both as an author, corporate trainer, speaker and coach.