Home Business Tips For Spending Your Time On What Makes Money

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Home Business Tips For Spending Your Time On What Makes Money

There is a saying that 80% of our results are typically from about 20% of our efforts.  This is saying that 80% of the things we are doing is essentially wasting time. Obviously the truth is not as black and white as this. Even so it is worth considering how you are spending your time and whether your activities are contributing to the profitability of your business.

If you want to make money from a home-based business then everything you do or at least the majority of your activities need to be focused on those activities which will directly lead to you making money.  I read an article recently about personality traits of those who are consistently and continually successful in their online businesses.

The article also discussed those who are not successful even though they try over and over again. One of the reasons for those who continually fail indicated that they focus too much on perfection in areas that are not directly linked to producing sales.

How to be Successful in your Homes-Based Business:

On the other hand, it was said that a trait of those who are habitually successful were that they don’t wait for perfection before moving forward. They put up a website and while they hope to improve it over time they get right to work on generating traffic and making sales instead of spending hours trying to make it the perfect website.

pips12How are you spending your workday? To oversimplify, are you spending your time organizing your office and attending to administrative details or are you spending your time on direct marketing activities that will lead to sales. You see it makes absolutely no difference how organized your office is or how nice your website looks if you are not making sales.

It is all about the sale. It is like a salesperson who spends an hour and a half every morning going through his leads and organizing them and making notes and planning his day instead of picking up the telephone and calling on those leads. There is a reason he does this and that is because picking up the telephone and calling leads is hard and it is uncomfortable and we are creatures that seek comfort. The problem is those activities are not going to put money in his wallet.

If you are not making sales you do not have a business. You can have the nicest office chair and furniture and professional looking letterhead and a website but if you are not making sales you have nothing. Make sure the essentials are in place but after that focus your time on activities that are directly related to driving traffic to your website because that is what will produce leads and those leads will produce sales and those sales will put money in your pocket.

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From Partime to Fulltime Online Business

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Taking Your Part-Time Business To A Six Figure Income

Very few people are able to just quit their full-time jobs and start an Internet business. The majority of online entrepreneurs will need a transitional period for the income from their part-time business to grow enough and become steady to support Six Figure Incometheir personal and family obligations.

What often happens is that new business owners will have a few good months and they’ll quit their jobs to soon. They fail to realize that business can fluctuate and even though they may have had strong sales recently the next few months may be slower. That is the nature of business.

It is also that fluctuation which can provide unlimited opportunity for the business owner. Even so, it is recommended that new entrepreneurs transition slowly into a full-time business if they have previously worked in a job with a set salary or wage.

There are a number of advantages to holding on to your job even after your business has started to produce an income.

Revenue For Growth

One of the primary advantages of keeping your full-time job just a little while longer once your business starts to take off is that you’ll have more money to put back into your business to fuel growth. This can mean the difference between a business that produces a decent steady income and growing it into a multiple six-figure empire.

If you quit your job too soon you may have to cut back on advertising and marketing and therefore you might see your Plug-in Profit Sitebusiness start to level off in sales. Take advantage of the momentum when the growth is there and watch your business skyrocket before leaving behind your steady paycheck.

Less Stress, More Fun

Growing a new business can be an exciting time.  It’s not just about the money. It’s also about giving birth to something that is yours and that you have created which will provide for your family the rest of your life.

By holding onto your current job long enough for the business to gain a little maturity will allow you to enjoy it all that much more without so much pressure.

Other Obligations

A paycheck is not the only benefit most receive from their full-time job. For most people their health insurance, life insurance, short term disability and long term disability as well as retirement savings are integrated into their full-time job. These are fringe benefits of their employment and a big part of their total compensation.

Before leaving your full-time job to take on the life of a full-time entrepreneur it is very important that you work out how you’re going to meet these other obligations on your own.

Build a nest-egg and make sure you have banked at least 6 to 12 months of your monthly personal and business overhead before telling your boss ‘I Quit’.

These are just a few of the things to consider when making the transition from a job to a full time business. It will be different for everyone but for the most part these are important areas that will apply to most families.

There’s nothing more exciting than starting a full-time business. Take it slow, have fun and make your dreams come true.

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9 Out Of 10 Six Figure Network Marketers Know This One Secret

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9 Out Of 10 Six Figure Network Marketers Know This One Secret

From a theoretical standpoint network marketing is probably one of the most brilliant systems or ideas for allowing the common person to build a profitable home business. This has been acknowledged by business giants like Donald Trump andnetwork marketing secrets others as well.

Network marketing simply makes sense and allows anyone to start a business with very little money. It is almost like having all the benefits of your own business while enjoying the resources of working for a large company.

It allows the entrepreneur to focus on marketing and making money instead of accounting, product development and delivery, customer service, and all of the other critical components of a successful company.

Secrets why so many people fail in network marketing?

So why do many people fail in network marketing? There is no question that there is a high failure rate. There is also no question that you often see the same individuals achieve extremely high levels of success. Over and over the same guys will Plug-in Profit Websitejoin any network marketing company out there and they’ll be making six figures within six months. At the same rate you will see the same people who will fail regardless of what company they join. So what is the difference?

There are undoubtedly many factors which contribute to success or failure.  If you take a look at what the average network marketer is doing in their business you will find that they are often focused on the product or service. If you take a step back and look at what the successful entrepreneurs are doing they are focused on marketing.

It is clear that this is a critical component. So many believe that success is dependent on a great product or service that people need. That is an absolute fallacy. The truth is that you can sell anything to anyone because people are emotional creatures and all you have to do to sell ice to an Eskimo is to get him emotionally attached to you and the ice you are selling. People are not creatures of reason.

They think they are but they are not. Emotion is stronger than reason. That is why great salespeople focus on getting an emotional response and that is done through marketing and advertising.

How Important is the Product?PIPS_DD_250x250

While everyone else is spinning their wheels trying to find the best product or service that they think people need and will by the successful people are busy selling whatever it is that is available. It is critical that you do not take this to mean that product or service quality is not important. It most definitely is important.

You can’t survive long on a poor quality product. The point is that many companies have great products and services. In any niche or industry there’ll be many competitors who have similar quality products and services. The only thing that separates one from the other is the perception of the clients and prospects and that is an emotional issue.

So having a great product or service is important but it is not why people buy your product or service. There will always be competitors who have the same level of quality. Clients will buy from you because of an emotional response to you.

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4 Surefire Ways To Advertise Your Home Business Online For Free

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4 Surefire Ways To Advertise Your Home Business Online For Free

Most people who have recently gotten started in affiliate/online  marketing do not have a lot of money to spend on advertising. If they do have the cash they often don’t really know where to start or how to spend their advertising dollars forHome Business Online the best return on their investment.  It is no secret that advertising dollars can disappear quickly if one doesn’t know what they are doing.

The good news is that some of the most effective and profitable marketing and advertising strategies are absolutely free. You’ll also be pleased that they often do not require a whole lot of work or special skills either.

The following are some proven strategies for advertising your home business online that will allow you to keep your hard-earned money where it belongs, in your wallet.

Blogging for your home Business Online:

One of the most effective ways to promote your home business online and drive traffic to your website is by blogging. Write articles or hire someone to write them for you about topics related to your business or niche. The most important thing is that you do not try to sell within the articles.

You want to publish articles that provide valuable and informative content that people want to read. When they find your articles they will start to consider you an expert in this area and when the time comes that they are ready for the types of products or services that you are selling there is a good chance that they will consider you first.

Traffic Exchanges:

Traffic exchanges can actually be a great source of free traffic to your website. This is especially true if you are in the home-based business industry and you are promoting various money making or online marketing related products and services.

There are many who believe that the traffic from these types of exchanges does not have any value but I tend to disagree. Everyone who is surfing on a traffic exchange has an Internet business and is looking for traffic to their website. They are already qualified prospects in the sense that you know that they have money to spend on online business.

You also know that they’re interested in making money online. These are the types of prospects that you want viewing your website. I would not worry about the fact that they already have an online business.  By surfing traffic exchanges and getting credit towards your own traffic you can develop a number of good leads for your business.

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Social Media:

Did you know that the average person on Facebook has over 300 friends in their network. What if you have only 100 friends and each one of those shared your message about your business with in their own network of 300 friends.

I am sure you can already see the potential. You initially have a potential reach of 30,000 people and that does not include if those people share your message within their networks.

Get involved with social media and especially Facebook and start to talk about your business in a way that is not overly

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aggressive or too strong of a sale pitch and you could see big things start to happen over time.

 

Email Signature:

Nobody wants to promote their home business online to their friends and family. What if I told you that you could still do it without really doing it?

By simply adding a one or two line message about your business as part of your pre-configured e-mail signature every single person you e-mail will receive your promotional message.

Most e-mail programs will allow you to have a set signature that automatically goes out with every e-mail that you send. But doing it this way the people that you e-mail will not see it as being overly aggressive and you can be sure that they will see your message. Also if that email is forward to their contacts it goes with each forward.

That way you could actually have people within your own personal network contacting you and actually asking you about your business instead of you having to tell them about it.

These are just a few of the free ways that you can promote your home business online. They are also very effective strategies to get your business the place of profitability and success.

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