Most people would like to start a home business. They like the freedom of being able to work whenever they want to or wherever they want to. However, it is not easy to get there because many of them are stuck in a rut!
They feel that they are controlled by their bosses. They feel that it would take too much time.
Some of them even whine that they are too tired to do anything the moment they reach home.
Whatever your excuses maybe, you will most probably find the solution in this blog or around the internet (or at least know what it takes to get started). The fact that you are able to browse this blog and read it shows your initiative and you should congratulate yourself for taking the first step!
One of the biggest reasons why people fail at internet marketing (or fail to break out of their rat race) is because of a flawed mindset towards internet marketing.
Yes, it is true that you have to spend the remainder of the hours you have left after work to work on your business part time. But that does NOT mean that you will adopt a part time or half-hearted mentality towards your business.
Imagine this analogy…
Let’s assume that an airplane takes off at 150MPH. You will need to drive at a certain speed before the plane develops enough speed to take off. Do you think the plane will be able to fly itself off the ground if you are only travelling at a 100MPH? Of course not! It will not take off even if you are flying at 140MPH!
Internet marketing is just like this. You will need to work at a certain momentum before you:
- Develop the necessary knowledge to build your business (you can’t really drive far if you are constantly locked in 2nd gear).
- You need to show others that you are committed enough before they are ready to do a joint venture with you ( after all, no one wants to JV with a half-hearted marketer – especially if they konw that you are not constantly available).
- You need to build your reputation strong enough because it will lessen your promotion work – the speed of trust between you and your customers is very crucial.
The art of building internet business
When you are building your business online, you must be able to build assests if you want to quit your job. Allow me to explain:
A 9-5 job is only short term income. It can be a lot or a little, but fundamentally it is still short term. Why? Because the moment you stop working, you stop making money immediately!
Your boss may tolerate your laziness for a few days but if you don’t put in the hours, you will never get anymore pay whether it is weekly, daily or monthly pay!
If you keep on trading time for money, you will never be free from your job!
Online assets are different. Here are a few principles that you can apply to your online mentality:
- Leveraging on the interenet – You can draw in traffic from search engines or viral marketing.
- Leveraging on other internet marketers – You do not need to build a mailing list if you have created a fantastic product that will keep customers buying and affiliates selling over and onver again.
- Leveraging on your mailing list. – The money is definitely in the list. It takes 15-30 minutes to write a proper email to your mailing list. The great thing about about email marketing is you will take the same time to mail your list regardless if your list has 100 people or 100000 people.
- Leveraging on your reputation online – A blogger may start with no RSS subscribers, but the more you blog and the more you network, you will be blogging for the same effort but with more people reading your blog (and you will be able to monetize from the traffic!)
Investing into your assets through outsourcing
Not everyone can do evrything at once. even if you are proficient at all tasks, you will still need to outsource from time to time as the need t create more and more assets should NOT be limited by your time alone but by creating more through leveraging on other people’s time.
Remember this principle; the sum of the whole is more than the parts combined.
You may outsource certain tasks like writing, graphics or SEO services, but ultimately you must develop a goal (using a proven business model) that will piece everything together and synergize.
{ 13 comments… read them below or add one }
Hello.
I like your site and wanted to know if you would be interested in exchanging blogroll links.
Thanks in advance
Thanks. I have been thinking to do exchange link because I received a lot of people asking for link exchange
Do not forget that we must discipline regarding the time. We must do some hours each day to improve our online business.
Everything we do, we must have good discipline though
Hi dana thank you for this article on home business, We have to work hard and dedicate our self to success in our online business.
Totally a great guide for new guys who want to switch to freelance. I agree that quitting the regular job and work crazily on Internet at the beginning stage is a crazy idea. Although income from Internet is large, but it doesn’t come during the beginning. I remember a blogger said: “It seems you work for nothing during first 6 months, but in the 7th month the income is equal to the sum of those 6 months’ income”.
I just like your quote! Thanks for your thought
Don’t start with doing thing your own.. you may succeed but unlikely.. you can start while learning, you need to learn first and then after you think you have enough knowledge passion mission and vision etc, then you can start your own business. controlling our own business really look great and what a job, but it came with big responsibility. just ask you self first “do you have what it take?”
Just like you BRO!
part time … well , my part time job at internet make me more money than real job…lol
Luckily I don’t have any real job yet. But my part time blogging job make me money that I can use to to support my student life
We need to manage our time right and then work hard and smart. If you dont put any effort then you wont achieve anything.
No such free success in this world. All need hard work to achieve