Internet Business Wealth Creation – A True Portable Business

Internet business is a growing multi-billion dollar industry and anyone can be part of this with just a computer. In my opinion, it is the best home business as well as a ,alternative income, business. Multiple avenues of income streams can be found. Compared to a bucket income like regular job where 1 ‘bucket’ of work equals 1 ‘bucket’ of pay, the internet business is like building our own pipeline to wealth with very low investments. This make it a truly Home Based or computer business and is the best way in my opinion to create multiple income streams for yourself. With conventional work, if we stop working for any reason, the income stops.

It is relatively easy to launch a website which is tantamount to opening a shop so to speak. One can open multiple ‘shops’ with little capital and sometimes even no capital other than time and effort and a internet connected computer. For beginners, it may be interesting to learn that on the Internet some things can be done for FREE! For example, there are internet sites offering free webdomain. These are functional although a dot com site is always the first preference. Whatever business or project we do, we have to firstly plan, organise, execute, recheck and fine tune etcetra. Basically a system has to be in place so that the business can run and be executed smoothly over and over again.

It is generally best firstly to get your own domain name. This itself takes abit of creativity and honestly hard work as good names are usually taken up especially for .com names. Domain names should be short to be easily remembered. Preferably catchy 2 to 4 syllables so it is better remembered. The easier to remember the site the better. It will be good if the name does not have any negative connotations as with anything else, positive branding is best. Ease to pronounce your site name will also help people remember it. Preferably do not use generic names as if you want to later register a company or product using that name may be difficult. It would be good to also indicate the market you are in in the name. This makes it easier for people to immediately identify with your focus area. Search engines tend to pickup better if your name includes the market you are in.

Next is to sell a product or service which is in your area of specialty or interest. With interest or if you are already skilled in that area, one can find it easier to identify areas or topics where one can start a internet business. One can also present it with more confidence.

There are many ways to do the business. Say for example you decide to sell products but do not have the product in hand to sell due to stocking or whatever reason. Now Drop Shipping is an area that getting very popular. Drop shipping works like this: You setup your website or internet storefront. Any orders goes directly from your website to the manufacturer or wholesaler and they will complete the transaction from orders to delivery. You then get your share of the commission or profits. In this way you do not have logistic and other headaches. Another popular method is Affiliate Marketing where the products or service is already there and you just have to promote the product for a commission. In all of these few examples, the main other work comes in marketing your site. As with a physical store, promotion or marketing is done to attract customers. The more marketing and advertisement is done as well as if properly exercise, the higher the interest and more customers to your site and business.

As with any business, once you have customers, present or past, it is better to value a customer in hand more than to look for new ones. Both are important but taking care of existing customers will be better as a relationship has already started and chances of repurchases is greater.

How to Start a Home Based Franchise Business

These business don’t necessarily need to be fully run online per se, but if that’s what you choose to do its okay. These businesses are for people that are looking for opportunities to have franchises they can do from home. There are many different options you can choose from depending on your personal preferences such as:

Automotive
Business and professional
Child Related
Cleaning and Maintenance
Computer and Tech
Educational
Food and restaurant
Health-care and hospital related
Home
Pet
Real estate
Service
much more!

These are businesses that you will be buying into. Some of them cost a few hundred and others cost thousands of dollars. It seems like the more popular the brand name and the more potential money you can make with it, the more expensive it is to buy it. A really good magazine to read if you are looking to buy into a franchise is Entrepreneur magazine. They have tons of “hot lists” along with some really good information like how much it costs to get into it, how much you can possibly make, things included in the business and a lot more.

A few months ago they had a 150 page “guide” with all this info in there and I have to say its pretty darn interesting to see all the different things you can get into. Some of the business were ones I had never heard of and others like Petland, Jiffy Lube and Pizza Hut are obviously pretty well-known! Here are a few examples for the categories listed above:

Auto –
Appearance Plus
Fabrion
Matco Tools

Computer and Tech –
1800905Geek
WSI
Mobile Computer

Food –
BP
7 Eleven
Dunkin Donuts
Pizza Fusion
Ritas Italian Ice

I know what your thinking. Dunkin Donuts? BP? These aren’t home businesses! Well they sort of are. You could make it into whatever you want to. You can work at the actual place you buy, you can work at home, you can work online, you can do whatever you want, it’s YOUR business! All this info and much more can be found on the Entrepreneur site online. You can also be connected directly with the company at hand so you can find out more about the financial and personal relationship they have with the buyers (you), minimum/maximum investments, and much more. There are several other sites you can find online that offer these types of directories but, I think Entrepreneur is by far the best. Everyone else seems to have scattered companies across the board but Entrepreneur has everything in one place, and I think this makes finding an op a lot easier for people!

How to Start an Internet Business For Stay at Home Moms

Are you a stay at home mom who wants to learn how to start an Internet Business so you can earn a living from home, work according to your own schedule, and enjoy watching your children grow up?

There are many of of stay at home moms out there who want to do just that however they think that learning how to start an internet business is complicated and intimidating. With the way the economy is now it seems as thought incomes are needed from both the husband and wife just to make ends meet.

To tell you the truth it doesn’t have to be. You need to have a plan.. As the saying goes: those that fail to plan; plan to fail.. Not that they want to fail they just never made a plan didn’t and/or stick to it.

If you make a plan, take it one step at a time, and understand that Rome was not also built in one day you will be up and running in no time with your internet business.

Here are the basics on how to start an Online Business:

For those that are home already, it is very important to create a work schedule. Becoming successful in a business means you have to take it seriously and treat it as a business not as a hobby. Sticking to your work schedule will not only help you in completing your necessary tasks, but in addition will allow you to enjoy being a stay at home mom when your business is turned off.

Choose an online business either in direct sales, affiliate marketing, develop your own product or service to sell, or resell products you buy at wholesale. It is advised to link up with a business that offers a wide variety of products and services that will enable you in having a larger customer base and also make sure the business has a mentoring team that will help you succeed in an internet business. Take your time in finding the right internet business for you.

Make sure you have enough money to set aside for getting your business off the ground. It may take awhile so be patient and understand you need a certain amount of income in order to survive. When you start earning money online in your internet business make sure you invest at least 20-30 percent back into it. This way your online business will continue to grow.

When you are starting your internet business you are going to have to brand yourself – in other words you are going to have to establish an online presence so potential clients and or future business associates will know who you are and trust you and eventually will buy from you or join your internet business.

You need a domain name and a well designed web page which relate to your business and utilizes SEO, and a well known and reliable web hosting service.

Okay now you are thinking to yourself I have everything in place ranging from the perfect online business, enough money to live on until my internet business takes off, a beautiful website, now what? The next step is marketing Your Website! In order to make money in an online business you need to market your website effectively. Marketing is the key to succeed in your internet business. You can pay for the marketing; however if you don’t have that much money you can learn how to effectively market your internet business by finding top mentors of a successful online business that will help you.

While being a stay at home mom and starting a business is a new and exciting experience you will encounter some obstacles. However the rewards of spending time with your children while they are growing up will outweigh any obstacles you may encounter.. Just remember stick to your plan!

To Your Success!