Virtually every
entrepreneur wants to become successful by becoming
their own boss. Your success in a home-based
business will largely be determined by your ability
to choose a business suitable for you.
Today I would like to share with you a letter I
recently received.
-----------------------------------------------------------------
Hi Bill,
Visited your web site, very nice. I'm a guy who is
looking to make some real money. Have tried many
things over the years, but no real success yet, just
"getting by" as we say in Maine. I get the sense
that your offers are for real. My question is which
business to start with as start costs are a big
factor.
I have home-based office
with copier and scanner so was leaning towards
publishing. I am not afraid of work but need to put
my energies in a project that will work and make
money.
Warmest Regards, Jim
-----------------------------------------------------------------
Jim,
Thank you for your note. Your personality traits and
self-confidence must be carefully explored before
deciding to start any business.
Do you have a great sense of independence? Are you
determined to be the master of your destiny?
Do you have confidence in your ability to make
important decisions about your business? You must
believe in your decisions and take the steps to
achieve your goals.
In determining which business is
right for you, you'll want to consider the industry you have
a passion for. Before you invest your money do a simple
survey to see how much interest there is for your proposed
venture. The most important thing to remember is "don't
develop a need, fulfill a need." Next create a simple
business plan, chart out how much money you'll need to get
started.
Some people have the miss-conception, "all that is necessary
is to put up an 'Open for Business' sign and people will
come flocking in." This is far from the truth.
The most important ingredient to any business is marketing.
The old saying "You can have the best mouse trap in the
world, but if nobody knows about it, then you won't sell
narry a one" is oh so true. This aspect of any business
always takes time and energy. And is the reason many people
aren't successful.
For me, selling How-To-Information is the best business. In
1991 I first started selling books by placing ads in
magazines. And since 1995 I've been able to cut my business
costs dramatically and increase my profits by marketing my
programs on the Internet. 30% to 35% of my sales are now
generated from the net. And 40% to 45% of my profits are
contributed by Internet marketing.
All good things in life take time and effort. If you do your
homework first, test your products, fine-tune your business,
and most important keep forging forward, then you'll soon be
making more money than you can ever imagine. Remember don't
give up!
Life is full of uncertainty and hazards. No longer is there
a guarantee of job security with any company. Just because
you have a job today is no assurance of a paycheck next
week. True security is achieved by believing in your own
abilities and you will become rich and successful. A
fearful, unconfident, pessimistic person is sure to fail in
any self-employment opportunity.
Take your time and do your homework first. When you're
ready, go full-steam ahead and build your financial empire.
I recommend that you first start your business part-time and
then grow it into a full-time venture. This will take the
financial pressure off you and your family.
Remember to test, test, test your products and marketing
before you spend large sums of money. Not give up and you'll
be successful.
Regards
Bill
Although business opportunities can be very enticing, it's
important for Jim and you to take time and do your homework
before you start your business. "Make sure you can stand
back an see the entire forest, not just the trees." Know all
you can about every aspect of your proposed business venture
before you invest your money. This will increase your
chances of success.
IF you have questions concerning home-based businesses, feel
free to send me a note. My e-mail address is:
BillSjostrom@wgsc.com
Business Tips Tricks & Info by Bill Sjostrom, WGSC
Publications Bill has helped people worldwide profit at
home. Checkout "Home is Where the Profits Are...
http://www.wgsc.com Looking for free help?
Subscribe Home-Biz E-zine:
HomeBiz@wgsc.com .
