Tuesday, 16 October 2012

Home Based Business: Does It Really Work?

Does a home based business really work? There are tons of home based business opportunities advertised online and in business opportunity magaznines.

But do they actually work?! Or are all business opportunities scams?

Yes, home based businesses do work. But it is all down to hard work and dedication on behalf of the entrepreneur.

Most people struggle with an online home business and the failure rates are high, not because it is hard, because they are not dedicated enough and don't take enough action.

Here are some factors that can make the difference between home based business success and failure:

Massive Action Required - When you start an online business you have the chance to build a monthly residual income that enables you to live the live of your dreams. You can fire your boss, quit your 9 to 5 job, do what you want to do when you want to do it. Don't you think that is worth fighting for? Many people join a home based business and don't put in any work. They quit and go back to a 9 to 5 job where they work hard for 8 hours a day. But if those people took massive action and used those 8 hours a day to build their online business they would have the chance to earn multiple times what they do in their job. It is well worth putting in a bit of hard graft and long hours when you first start out.

Mindset - Making money online is about the mindset, and not so much about the marketing strategies. If you believe you deserve lots of money and will succeed in your business then half the battle is won. Many people approach this as something they will "give a whirl" and "see what happens" and they often act as a victim by saying "I am so overwhelmed". But if you have a positive attitude and make the decision to make your home based business work, no matter what, then nothing can stop you. Nothing.

Advertising Sources - With popular home based business you have many people all promoting the same thing. Some people use that as an excuse and say the competition is too fierce and they quit. But succesful people will find the best advertising sources to use. For example, many people just buy solo ads because it is a quick and newbie friendly way to get traffic. But the solo ads audience is miniscule compared to the rest of the world. It is very unlikely that your business opportunity will get saturated (there are network marketing companies like Amway with members in the MILLIONS who are still going strong) but a small solo ads list may well be saturated. Advertise to the ocean, not just to a small fish pond.

So yes, home based business do really work, and for one that works really really well..

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