Online Home Based Business – 4 Steps To Creating A Six-Figure Business

If you are thinking about starting your own online home based business or you’ve already started building your business, you’ve surely seen the hype around the Internet about getting rich overnight, and becoming a millionaire within a month, but be warned, there is no such technique that will give you these results. Now the good news is that building a solid business that earns you six-figures per year is very achievable with the right guidance, the right dedication, and the right tools in your corner.

If you want to give into the hype, then go ahead and give it a try, but if you want to build a real business that provides your customers with real products and/or services then you are in luck, because below I am going to give you the four things you need in order to start your business and build a substantial income all within a single year. Take these tips, get started on them immediately, and work hard and dedicate yourself to success, and you will undoubtedly get there eventually.

My four tips for online home based business success are:

#1 – Start building a list of leads

#2 – Start building good relationships with all of your potential customers/clients

#3 – Drive the right leads to your business

#4 – Build products that fill the needs of your customers

That’s it, those are the four important aspects of building a successful home-based business. Let’s take a closer look at each so you can get a better idea of how to get started and achieve all the success you want:

1 – Start building a list of leads

Once you’ve decided on the type of business you want to start from home, get yourself an email autoresponder and start collecting the names and email addresses of those who are looking for your products and/or services. By doing this, you will be able to advertise to people who have shown you they are interested, and this is a very good way to slowly and surely build your income.

2 – Start building good relationships with all of your potential customers/clients

While it is highly important to build your list of leads to be as big as possible, it is equally important to make sure these leads are “warm”, meaning they actually like you and want to be on your list. If you never send them free information or nice emails then these leads will forget about you and become “cold”, and the chances they buy from you in the future are slim to none. So nurture your list and watch your income grow.

3 – Drive the right leads to your business

This goes hand-in-hand with #1 and #2, and should be a main focus of your marketing attempts. It isn’t useful to get the wrong people onto your list, so you must make sure the people who you are targeting through your marketing campaign are highly targeted and desperate to find answers that you can provide for them.

4 – Build products that fill the needs of your customers

Even if you have no products right now, don’t worry, because you can simply ask the people on your list what they want from you, then you just go out and create the product. This technique is ideal for those in the digital information business, as creating these products is fast, inexpensive, and quite easy to do.

Online Home Based Business Opportunity – How to Find the Right Making-Money Online Opportunity

You might be surprised to see people leaving their day jobs and earn tremendous amount of money from their newly established online home based business. Those skeptical ones think that those who make such a huge profit depend on sheer luck. Since you’re influenced by such assumption, you won’t have the initiative to leave the “comfort zone” and succumbing to the dissatisfaction of your working environment, in a ruthless rat-race.In fact, those who have made thousands of dollars from their own business don’t solely depend on sheer luck – they have made it because they are capable to find the right making-money online opportunity!How they actually find the right business opportunity? Follow these tips below:Tip #1: Identify your passion – Hearing your own “inner-voice”In the beginning, you have to be truthful to yourself and ask yourself – What is my passion? What am I capable of? For instance, if your main interest is selling your own product – probably setting an online store suits you most. If you prefer earning commission from sales of affiliate products – then, you should build affiliate marketing business. If you like sharing interesting information to internet users – thus, it’s appropriate to set up a web publishing business.In short, focus on your strengths – not on improving your weaknesses.Tip #2: Finding a “mentor”At this point, it’s not having a real “mentor”, it’s actually searching for experienced people who have are willing to share their experiences, as well as comprehensive methods that help them to develop a profitable home based business. The best place is to follow such personal journal-like post threads in internet business forums – personally, I would recommend WarriorForum.com. You can ask related questions or send personal messages to them when they are ‘offline’.Don’t be tempted by some internet marketers’ approach who is offering “Making-Money Online Fast” products – because building a successful internet business does not happen overnight, it requires the 4-key approach which is Learn, Test, Evaluate, and Improve.Tip #3: Learn, Test, Evaluate, and Improve – the 4-key approach of starting a profitable businessMany successful entrepreneurs have something in common – the 4-key approach of building a money-making business. Here’s the elaboration of this 4-key approach:Start with “Learn” – most important that you get related resources from internet forums, or from your competitors. Don’t be afraid to ask questions to experienced internet forum users, and try to figure out ways to outsmart your competitors of your niche. Extract any important information from them and organize them into proper places. Make sure this information comes handy when you need them.Then, “Test” – based on the information that you obtained, start applying those opportunities that tested by experienced home based business owners. Many newbies failed to initiate their new businesses because they were too hesitate to test any possible opportunities that work. Basically, a business can only become successful one if you’ve found the right opportunity.Next is “Evaluate” – Not all opportunities work all the time and sometimes the results can be devastating. Therefore, it’s important to evaluate your progress, and develop any possible solutions – it’s like doing a math test, you need to figure out any possible ways to solve a problem, it can be a long or a short one – as long as it can fix the problem for good.Lastly, “Improve” – it means finding solutions that can improve your online home business opportunities work. It requires hard work, persistent and faith – these values are essential of making your business work on the long term basis.If you’re able to find your own online home based opportunities – work it out and strive for success!

Effective Marketing Strategies in Product Creation

Marketing includes matters such as pricing and packaging of the product and creation of demand by advertising and sales campaigns. There are other options, of course, like product creation, resale rights marketing, joint ventures and the likes, but they are merely secondary to the above.

If you take the freelance route, it is important to ensure that all rights to profit from the final product, or any materials produced in its making, remain yours. Bookkeeping, physical product creation or delivery of goods can be done better with specialized help. Determining the purpose of the product is vital in niche product creation.

Implementation of Methodology – The choice of implementation of Six Sigma methodology depends on whether development is required on existing processes (DMAIC) or on new process/product design creation (DMADV). Determining what you really want to sell, something that you can be relaxed selling is the first step at the creation of a niche product. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts; to complete turnkey solutions, there is no excessive need to worry about spending time on the actual product sold to the customer.

For instance, you should be prepared to either perform yourself or to subcontract the completion of the following tasks:- Product idea research (are there any existing products or patents already existing for this idea)- Product specification document training (what it will do, how it will look, how will it be powered, and how the user will interface with it)- Marketing study (what it will be named, who would buy this, how much would they pay, how will we get customers to purchase the product)- Schematic or electronic circuit design process- Creation of a bill of material or BOM and an approved vendor’s list or AVL for each component in the design, preferably with multiple sources identified, with a BOM and AVL for each assembly level in the product- Printed circuit board layout design process (single sided board, double sided board, or multilayer board; size of the PCB; board material)- Mechanical packaging design with user interfaces (displays, buttons, switches, key. This removes all product creation costs from your budget as a marketer.

No other database of affiliate programs offers such a possibility for profit on either the affiliate side or the product creation site. Your chosen niche should allow for the creation of more than one product or service.

There are several marketing strategies that are necessary in the creation of a successful e-commerce web site – Email marketing (broadcasting) of prospects/customers – Effective use of auto responders (generate automatic email messages) – Online Newsletter – Online Form / Survey to capture your prospect’s email address – Electronic Product Delivery (if you sold a digital product) – Advertisement (Ad) Tracking – Back End Sales – Affiliate program etc.