There are so many out-of-works, underemployed, or just would be entrepreneurs who are looking for a way to work from their homes and make money. Rest assured, be it a part-time job to earn extra income, or running a small, full-time business, people are working from home and succeeding. The key to working from home is to 1) adhere to the law of Supply and Demand, and 2) treat your work-from-home job like an office job.
The law of Supply and Demand
The first test in any Economics 101 class will cover the law of “Supply and Demandâ€. Basically it is this: if there is a demand, there will be a supply. If there is a want or need someone will step up to fill it. How this effects you is quite simple. You need to fulfill a community demand. Where it gets less simple is in defining “demandâ€. “Demand†is also relative to the supply. What that means is that while people may want Mary Kay cosmetics, there may be too many suppliers in your region for that particular demand. So your work from home business must:
Meet a known demand
Be either a unique supplier, or one of a few suppliers.
The trick is in accomplishing this. Here is a step-by-step approach to coming up with your work from home business idea:
1.Make a list of products or services that you need. If you need them, chances are someone else does, too.
2.Scratch off those ideas that cannot either be done in your home, or performed from/run out of your home
3.Do some research, asking yourself: who else is supplying this product or service, what are their rates, what do they give you for the price.
4.Scratch off those products or services that have more then four suppliers in your region
5.Scratch off those products or services that are too costly in start up or maintenance.
6.Pick from the list of what’s left.
Treat your home office like it’s in a fancy high rise.
One mistake that lots of people make when they work from home is to work at the kitchen table, the sofa, their bed, etc. If you want your business to work (and for you to receive tax deductions) create an office space and work in it. Keeping a home office allows you to deduct:
Some of your monthly mortgage or rent
Some of your utilities
Some of your phone or broadband bill
Computers, fax machines, phones, etc
Office supplies
Without a separate office space you cannot utilize these deductions, and they are very good deductions come tax season so if there is no other incentive, think about that one.
Keep regular office hours. Treat your work from home business like any other legitimate business enterprise. Invest in office equipment and proper software. Show your customers and the IRS that you mean business. Thousands of people have successful people have run businesses out of their home and you can, too. Just be following these steps and keep the faith.
Sunday, October 31, 2010
Wednesday, October 27, 2010
success
Online Marketing Blueprint To Success- You owe It To Yourself – Part one
Owning your own blueprint to a fool proof marketing plan or strategy is a step in the right direction it will be one of your major keys to your success. Without a solid, well laid out blueprint, that has a step by step plan, you can bet your last nickel, you’re going to end up like the proverbial dog chasing its tail, always coming close but never getting the prize.
When I first started, I went through the Internet maze. I was like ship without a sail, I was moving, but not very fast. I figured if I joined a good business, I could learn from my sponsor. Well, come to find out my sponsor was just as new and raw to Internet marketing as I was. So, it’s very important who you partner with in a business, if you partner up with someone that is struggling to learn marketing like you, then where does that leave you?
One of the biggest come-ons in network marketing is the promise of SPILLOVER, “if you join me and my group all you have to is wait for the massive spillover and we will build a huge down line right under you.” Well, I heard that more than once. Listen up! If you are ever told that by some that is trying to get you to partner up with them, go the other way, if they rely on spillover, that means they have no marketing skills of their own. Do not invest your money with them!
When I first joined an online business, I was ecstatic, I thought all I had to do is get replicated website from the company and I was on my way to making thousands a month, OK, you guessed it, I was a newbie from the word go. I did pick on the niche market I liked, which is the health and wellness business, because I try to live a healthy lifestyle.
One huge decision you will be making is, deciding on the niche market that you want to build a business with. Once you have chose your niche market, then it’s time to investigate the companies that offer that niche market of your choice. The criteria for your choice of company should be as follow. 1. A company that been established for at least five years. 2. A company that has a worldwide distribution network. 3. A pay plan that pays out at minimum of 70% back to its members. 4. A company structured with a forced matrix. 5. A company that allows you to re-enter another matrix. 6. A company that has a good marketing plan to start with and tools for marketing, this helps you until you can put together your own marketing strategies.
Nearly all home based opportunities and affiliate marketing companies will offer a turnkey or self-replicating website, along with an email address and many other marketing tools when you join their program. Many of these marketing tools will consist of auto responding messages, banner ads and more, all there for the members to use, and generally located in your back office. This concludes part one. More to come on your “Online marketing blueprint To Success”.
To learn more marketing strategies, visit: http://danatkinsbiz.com
Owning your own blueprint to a fool proof marketing plan or strategy is a step in the right direction it will be one of your major keys to your success. Without a solid, well laid out blueprint, that has a step by step plan, you can bet your last nickel, you’re going to end up like the proverbial dog chasing its tail, always coming close but never getting the prize.
When I first started, I went through the Internet maze. I was like ship without a sail, I was moving, but not very fast. I figured if I joined a good business, I could learn from my sponsor. Well, come to find out my sponsor was just as new and raw to Internet marketing as I was. So, it’s very important who you partner with in a business, if you partner up with someone that is struggling to learn marketing like you, then where does that leave you?
One of the biggest come-ons in network marketing is the promise of SPILLOVER, “if you join me and my group all you have to is wait for the massive spillover and we will build a huge down line right under you.” Well, I heard that more than once. Listen up! If you are ever told that by some that is trying to get you to partner up with them, go the other way, if they rely on spillover, that means they have no marketing skills of their own. Do not invest your money with them!
When I first joined an online business, I was ecstatic, I thought all I had to do is get replicated website from the company and I was on my way to making thousands a month, OK, you guessed it, I was a newbie from the word go. I did pick on the niche market I liked, which is the health and wellness business, because I try to live a healthy lifestyle.
One huge decision you will be making is, deciding on the niche market that you want to build a business with. Once you have chose your niche market, then it’s time to investigate the companies that offer that niche market of your choice. The criteria for your choice of company should be as follow. 1. A company that been established for at least five years. 2. A company that has a worldwide distribution network. 3. A pay plan that pays out at minimum of 70% back to its members. 4. A company structured with a forced matrix. 5. A company that allows you to re-enter another matrix. 6. A company that has a good marketing plan to start with and tools for marketing, this helps you until you can put together your own marketing strategies.
Nearly all home based opportunities and affiliate marketing companies will offer a turnkey or self-replicating website, along with an email address and many other marketing tools when you join their program. Many of these marketing tools will consist of auto responding messages, banner ads and more, all there for the members to use, and generally located in your back office. This concludes part one. More to come on your “Online marketing blueprint To Success”.
To learn more marketing strategies, visit: http://danatkinsbiz.com
About the Author
Hello, my name is Dan Atkins, I have worked from home for the last five years. I have an one online health and wellness business blog, and nine Squidoo lenses, five Hubpages and five Wetpaints. I enjoy Internet marketing and helping others to be successful in business. Sign-up and get your free information in “starting and marketing your own home based business.” http://danatkinsbiz.com “Success comes to those that get the most traffic.” To your phenomenal success, Dan Atkins danatkins62@yahoo.co
success
Online Marketing Blueprint To Success- You owe It To Yourself – Part one
Owning your own blueprint to a fool proof marketing plan or strategy is a step in the right direction it will be one of your major keys to your success. Without a solid, well laid out blueprint, that has a step by step plan, you can bet your last nickel, you’re going to end up like the proverbial dog chasing its tail, always coming close but never getting the prize.
When I first started, I went through the Internet maze. I was like ship without a sail, I was moving, but not very fast. I figured if I joined a good business, I could learn from my sponsor. Well, come to find out my sponsor was just as new and raw to Internet marketing as I was. So, it’s very important who you partner with in a business, if you partner up with someone that is struggling to learn marketing like you, then where does that leave you?
One of the biggest come-ons in network marketing is the promise of SPILLOVER, “if you join me and my group all you have to is wait for the massive spillover and we will build a huge down line right under you.” Well, I heard that more than once. Listen up! If you are ever told that by some that is trying to get you to partner up with them, go the other way, if they rely on spillover, that means they have no marketing skills of their own. Do not invest your money with them!
When I first joined an online business, I was ecstatic, I thought all I had to do is get replicated website from the company and I was on my way to making thousands a month, OK, you guessed it, I was a newbie from the word go. I did pick on the niche market I liked, which is the health and wellness business, because I try to live a healthy lifestyle.
One huge decision you will be making is, deciding on the niche market that you want to build a business with. Once you have chose your niche market, then it’s time to investigate the companies that offer that niche market of your choice. The criteria for your choice of company should be as follow. 1. A company that been established for at least five years. 2. A company that has a worldwide distribution network. 3. A pay plan that pays out at minimum of 70% back to its members. 4. A company structured with a forced matrix. 5. A company that allows you to re-enter another matrix. 6. A company that has a good marketing plan to start with and tools for marketing, this helps you until you can put together your own marketing strategies.
Nearly all home based opportunities and affiliate marketing companies will offer a turnkey or self-replicating website, along with an email address and many other marketing tools when you join their program. Many of these marketing tools will consist of auto responding messages, banner ads and more, all there for the members to use, and generally located in your back office. This concludes part one. More to come on your “Online marketing blueprint To Success”.
To learn more marketing strategies, visit: http://danatkinsbiz.com
Owning your own blueprint to a fool proof marketing plan or strategy is a step in the right direction it will be one of your major keys to your success. Without a solid, well laid out blueprint, that has a step by step plan, you can bet your last nickel, you’re going to end up like the proverbial dog chasing its tail, always coming close but never getting the prize.
When I first started, I went through the Internet maze. I was like ship without a sail, I was moving, but not very fast. I figured if I joined a good business, I could learn from my sponsor. Well, come to find out my sponsor was just as new and raw to Internet marketing as I was. So, it’s very important who you partner with in a business, if you partner up with someone that is struggling to learn marketing like you, then where does that leave you?
One of the biggest come-ons in network marketing is the promise of SPILLOVER, “if you join me and my group all you have to is wait for the massive spillover and we will build a huge down line right under you.” Well, I heard that more than once. Listen up! If you are ever told that by some that is trying to get you to partner up with them, go the other way, if they rely on spillover, that means they have no marketing skills of their own. Do not invest your money with them!
When I first joined an online business, I was ecstatic, I thought all I had to do is get replicated website from the company and I was on my way to making thousands a month, OK, you guessed it, I was a newbie from the word go. I did pick on the niche market I liked, which is the health and wellness business, because I try to live a healthy lifestyle.
One huge decision you will be making is, deciding on the niche market that you want to build a business with. Once you have chose your niche market, then it’s time to investigate the companies that offer that niche market of your choice. The criteria for your choice of company should be as follow. 1. A company that been established for at least five years. 2. A company that has a worldwide distribution network. 3. A pay plan that pays out at minimum of 70% back to its members. 4. A company structured with a forced matrix. 5. A company that allows you to re-enter another matrix. 6. A company that has a good marketing plan to start with and tools for marketing, this helps you until you can put together your own marketing strategies.
Nearly all home based opportunities and affiliate marketing companies will offer a turnkey or self-replicating website, along with an email address and many other marketing tools when you join their program. Many of these marketing tools will consist of auto responding messages, banner ads and more, all there for the members to use, and generally located in your back office. This concludes part one. More to come on your “Online marketing blueprint To Success”.
To learn more marketing strategies, visit: http://danatkinsbiz.com
About the Author
Hello, my name is Dan Atkins, I have worked from home for the last five years. I have an one online health and wellness business blog, and nine Squidoo lenses, five Hubpages and five Wetpaints. I enjoy Internet marketing and helping others to be successful in business. Sign-up and get your free information in “starting and marketing your own home based business.” http://danatkinsbiz.com “Success comes to those that get the most traffic.” To your phenomenal success, Dan Atkins danatkins62@yahoo.co
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