3 Reasons That Make People Never Start an Online Business

Ever thinking of starting an online business? Many people are thinking of making money online but most of them are just thinking of it without any action. They never start their business although they know that they can make money from it. What makes these people never take an action to start an online business? Many reasons involved but the major three are:

1.  Being too busy

Those who are thinking of starting an online business have busy lives because they have a job and other family obligations. Starting an online business for them is a goal with no committed starting date, and it is not a-must to-do task as they still live comfortable with their day job income. They just think to start it whenever they have time, but most of them can’t allocate the time, that’s why their online business never get started.

Most people in the earth are busy. If thing never being planned and prioritized, it normally will be ignored unless they can find extra time for it which most of them don’t. For those who are interested to make money from internet, they need to plan for it and set their goal with proper schedule to meet it. Don’t give yourself an excuse that you are too busy and will only get started an online business whenever you have time because most probably you will never get started after years. 

2.  Thinking that they need a lot of money to get started

Those who are new to online business will think that it is similar to other traditional businesses which they would need to invest a lot of money to get started. And, they do not have this much of money to set up their own online business, making them give up their decision to make money online.

Although it is true that you have to invest money to start an online business, but it can’t be equated with traditional businesses. In fact, there are many business opportunities on internet that you start with, will cost you thousand of dollars, but there are businesses which you can do it in less then $100 depending the type of business, the necessary tools and references you need to purchase. If you have budget constraint, then start it with minimum cost. At least, money is needed to buy a domain for your online business and have your website up to get the business running. Then, you could use some free ways to drive visitors to you website.

3.  Not having the experience

Many people think they need some sort of experience in online business to get started, and because they don’t have the experience, they afraid to get started because they worry that they will fail eventually. But the problem is they won’t gain the experience if they not even get started.

No one business in the offline and online world has a guarantee to success, and many entrepreneurs did not successful in their initial business, but they learn from their failures and others success stories to make themselves a successful entrepreneur. The best thing about online business is it does not cost much to learn & to gain experience. There are many success blueprints available online which you can follow to minimize the risk to fail in your online business.

The bottom line is if you are thinking of starting an online business, don’t make the above 3 key reasons stop you from take an action to get started.

How to Start a Home Based Business

Here are some tips on how to start a home based business and five things to consider.

1. Deciding what you want your end result to be.
2. Are you looking to replace your current income?
3. How much effort are you willing to put in on a daily basis?
4. What are you willing to invest?
5. Are you looking to plug into an already successful business model and Follow a learnable, teachable, duplicating system.

For most people in our country who have an entrepreneurial heart, They are looking to break away from trading time for dollars in a 9-5 job. I know the statistics and I know them well. 98% of all Americans will be dead or broke by the age of 65.

Why? Because they failed to plan and their plan will fail. If you don’t have a secondary source of income, you will not make it, PERIOD. Taxes and inflation will eat you alive.

I wont get into our tax system, but I will say, it was not set up to cater to the employee, it caters to the business owner.

Starting a home based business is a great way to break free however with the market flooded with money hungry people, who are not only seeking financial gain, but will take the shirt off of your back to do so. So you need to join an organization that has put together system and has top notch leadership who have already been super successful in their field of endeavor.

Let’s start from the beginning. First you need to put together a game plan of what it is that you want from a business at home. You then need to decide what your end goal or dollar amount you want to accumulate. This is important.

Once you have your goal, you need to decide what you are willing to give up temporarily to accomplish this. Its called delayed gratification.

Next, in order for you to start a home based business, you will need to have a system that has a proven track record of previous success.

OK, now I am going to move quickly. If you treat your home business like a hobby, with employee mentality, it will pay you like a hobby or like you were getting paid like an employee. You will need to invest time and money to get it off the ground.

Personally, I have owned a few home based network marketing businesses, made some money but could not find people willing to duplicate my work habits.

I dumped that old business model and joined a top notch top tier direct sales company with a proven step by step system using the power of the internet and coaching from some of the top internet marketers in the world. I had Found an answer to my years of pain.

If you want to learn more about starting a home based business and join our cause of helping 100 people become millionaires by 2012. I highly suggest you check out our business model, it’s the cream of the crop, bottom line!!!!

To your Success,

Josh Boxer Your Million Dollar Mentor Carbon Copy Professional

Maximize and Protect Your Network Marketing Income

Are you earning the most you can with your Network Marketing business? Are you getting top returns on your efforts and investments? Are you protecting your income from the major pitfalls in the Network Marketing Industry? If not, the best way to address these issues is to build multiple streams of income.

It is vital to your long-term success to build multiple income streams as opposed to building just one company at a time, and thanks to modern technology and the Internet, it has never been easier. Building multiple income streams protects your income by not putting all of your eggs in one basket. This way you are not dependent on any one company for 100% of your income.

From personal experience, when I started out in this industry roughly 10 years ago I decided to represent just one company and build it as big as possible. My team member’s and I spent several years putting our heart and sole (and of’ course our money) into building several different companies (one at a time), but unfortunately through no fault of our own, each time we were successful the company failed us.

Some companies were dishonest, some couldn’t handle the growth, some didn’t understand the industry, some were under funded, some got shut down by the FTC because they didn’t take the time to learn the laws and there were many other reasons as well.

Each time this happened we needed to start all over. We lost most of our team, but determined to succeed we picked up the pieces and joined another company, only to see the same things happen again and again.

Finally we realized that if we were going to invest in the Stock Market it wouldn’t make sense to put all of our money on just one stock, so why would we entrust our futures to just one company.

From that point on we decided to protect our income by not relying on any one company and I can honestly say it was one of the best decisions we ever made. When you represent multiple companies, if any one company fails you for whatever reason, you can easily replace it with another one. This way you don’t lose your business and your team, and you don’t have to start all over again.

In addition to protecting your income, building multiple income streams greatly increases your results for your efforts and investment. When you promote one company only about 5% of the people who see your advertising are going to be interested. This has nothing to do with your company, that’s the way it is with any company. But, when you offer people choices they will join whatever income stream appeals to them, and your enrollments will go way up from the typical 5%.

Also, you are more likely to achieve success by building several smaller checks as opposed to one big one. For example, if your goal is to earn $10,000 / Month it will be much easier to generate 10 $1,000 monthly checks than it will to earn 1 $10,000 monthly check. And, back to protecting your income, if you choose to build 1 $10,000 check and the company fails you, 100% of your income is gone and you are back to square one.

So, as you can see, building multiple streams of income protects your income for the long haul, it increases your results and greatly maximizes your earning potential.