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The 7 Steps To Starting A Home-Based Business

Mar 7, 2008
I have a confession to make, and that is, I am an "opportunity junkie". When I just started this "crazy" internet business, I practically joined almost all programs that came my way. I was very frustrated. depressed and feeling guilty of spending whatever I have on every "get-rich" programs. I cannot imagine because I will spend countless hours, money and effort trying to make this business work.

You see, there are certain things which we often over looked when starting an online business. Before we knew it, I am sad to say, we would end up miserably with lots of overwhelming frustrations, disappointments and feelings of failure, etc. It's not a joking matter because I have seen people failing on this so-called get-rich programs and they end up hating themselves. And they would ask themselves stupid questions. Questions such as " Why did I fail? If I know I am going to fail in this stupid internet business, why did I even try it?" At the end of the day, they decided to throw in the towel ... What a waste of time, effort and talent!

So before you even attempt to be an affiliate, you need to get prepared ... I would like to highlight some important points you need to remember before starting out on a home business :-

1) Do your Research on your Product :

Most of us started our affiliate program with little or no knowledge at all on the products we are supposed to sell. It is always better to do some research and get yourself knowledgeable on the service or product you are providing or selling. This is because once you know in depth about your affiliate product, you can start providing great advice as an expert to your customers, and ultimately increasing your customer's trust and creditability.

2) Set Your Own Goals :

You need to set your own goals, for example, you have to decide what do you really want in life. That is, what do you want to achieve in your personal life, career life, financial life, family life, etc. Your goals should be short and long term goals. Start by breaking down your goals into smaller ones, especially it must be achievable. It's no point setting goals that are not achievable at all, for example, it's not wise to say you want to start making $1,000 a day starting tomorrow when you have not even start to familiarize yourself on how to promote your affiliate programs online yet.

3) Plan Your Precious Time :

You need a To-Do list. Or you will waste your time on unnecessary things. Be focussed. You see, there are so many information on the internet. Everyday we are bombarded with so many offers offering you "great" programs and we are so overload with information. So if you are not careful with how to use your time wisely by planning your daily routine, you will probably end up with little or no time to promote your home business. So, use your time wisely and be very focussed.

4) Patience Is Bitter But Its Fruits Are Sweet

You have heard this. Patience is bitter but its fruits are sweet. Building an affiliate online business needs lots of patience. You must think of it as a long-term investment. Start each day by spending at least a few hours initially to familiarize yourself in the business. And once you have your system organised, you will realise that the more you put in your time into this online business, the lesser time you will need later when you start making money. So be patient and your hardwork will definitely be rewarded.

5) Start The Little Money You Have

Start part-time marketing your online business. Initially, you do need a little money to get started. If you don't have money, you can search for sources on free advertising to promote your products. If you do have money, then spend at least $50-$100 monthly on your advertising. Once your online business is progressing and making profit, you can then invest a portion back into your business, say 20-30% of it. But please ensure that you have the ability to finance your marketing efforts.

6) Passion and Determination

Do you have enough passion for this online business? Are you determined to succeed? If you are a new marketer, are you persistent enough to consistently promote your business for at least 3-6 months to start seeing results? The only person that can make you successful is only yourself. Evaluate yourself, do you really want to succeed this online home business? Are you really passionate and determined enough that you will motivate yourself to promote your program? Will you allow anything to stop you?

7) The Fear Factor

Is fear hindering you to start an internet business? This is probably the greatest hindrance when you just start out an online business. Don't be afraid because you can overcome your fear by recognizing what is this fear that is bothering you. Fear is actually the reaction or response of our own feelings to the unknown such as "What happens if I fail this internet business? Do I have enough money to pay my daily expenses? What happens if I get sick? etc." It's no point worrying because you are anticipating your failures, pain and loss. Take heart, this unknown uncertainties may not happen at all! Have faith in yourself. Be strong and courageous. Do not fear but brace yourself up and start an online business!
About the Author
Carol Oon is an internet marketer who writes articles on Affiliate Marketing strategies. For more tips and free resources, you can visit her blog at Internet Affiliate Secrets. Please feel free to distribute this article in any form as long as you include this resource box.
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