Friday, February 8, 2008

Why Start and Never Quit A Home Business

Everyone on the internet today is searching for the elusive goal the mythical Golden Fleece, a home based business, which will bring them success and financial reward.

There is no quick way to success despite the many so called guarantees. Starting an online home based business is very much like starting an Odyssey. There will be many challenges and pitfalls for the unwary along the way.

So what are the requirements to make money?

1. You need to develop a mindset and attitude, Learn from successful people read some of the classical books such as Napoleon Hill's Think and Grow Rich, inspired by Andrew Carnegie, This book was published before computers and the internet was ever envisaged You can even get a free download here http://financial-freedom-made-simple.com/support-files/think-and-grow-rich.pdf

2. In addition to reading books you need to learn about how business is conducted today by attending live training conducted my people who are successful now.

3. You need to be clear on what you wish to achieve and set out a roadmap to lead your to your goal.

Many people fail to make money because they do not put in the work required, all to often they are looking for everything that is free. They make excuses; they have no time or no money. Time and money are classical excuses.

Your business plan needs to be kept as simple as possible; many failures are due to people jumping from one business to another, without learning anything.

A Common mistake is to have your fingers in too many pies; yes there is lots of talk about having multiple streams of income, which is good. BUT you need to develop each stream at a time and only take on additional commitments when you are making profits.

Some types of business can be grouped together, for instance I teach Internet marketing and have two income streams for Internet Marketing and I am building a portfolio of businesses around this subject as well as building an online shopping business.

The USA is at present facing a downturn and people are looking for ways to bring in extra income to protect and improve their lifestyle.

Owning a business is the USA has many tax benefits, for example you can save some 60% on the price of a computer to find out more about this and other reasons to start a business go to:- http://whystartandneverquitahomebiz.com/whystart/p6071



David Ogden Internet Marketing Mentor
201 793 8702
+6088258702