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Failing In Home Business

Failing In Home Business

Do you want to start a home based business? Do you have what it takes? I failed at my first home based business. And my second. I’ll go into more detail about that in another post. I knew right from the beginning that traffic was the key to success, well, it’s the main thing but advertising and the money to pay for it is also something to consider. Wish I had gone with my instincts.

There’s many home based business opportunities. A number of them are internet related and some are not. You can start something out of your own imagination. Or you can order a plug-n-play system from somebody else and become an affiliate marketer. Much easier than making your own product, in my opinion. I use to belief all the BS but now I google all the new programs first. In fact, new programs lack the one thing I look for first in reliability, LONGEVITY. If an internet site has been on the internet and paying their affiliates for 10 years or more, they are pretty safe to invest money in, most of the time. Nothing is perfect so still check with the better business bureau or reviews. One issue with reviews to consider… when the review ends with an affiliate link to another company or program, the article may just be bad mouthing a company just to sign you up via their link. It’s a jungle out there.

My problem was that I got so overwhelmed with the potential that I didn’t pay attention to the details. I saw that I could make big money and that is all I saw. In the back of my mind I knew that I would not enjoy the work required to make this business a success. But I kept looking at the dollar signs. I kept telling myself that I could do something that I wasn’t comfortable doing if it meant becoming rich. But not so true, at least with me. I tried programs that to make any money at all, I had to cold call. I developed a fear of my own phone. I actually bought a “business phone” and left that “business number” on my website. I didn’t think it would ring really. Paid advertising was not an option so I had to learn some SEO, sent my sites out to the search engines and the “business phone” rang!! So glad it went to the machine to leave a message. I knew right then that calling people to sell something to them was not something I could do. How do people do that starting out? The first question you are going to be asked is, “Are you making money with this company or program?’ Good grief man, I just started! But anyway, the phone is not for me. And I’m not alone.

I dreamed about being my own boss and quitting my day job, really my night job. I think I may be part owl, working the night shift. It’s well after midnight as I write this post. I did come across an opportunity that seemed too great to be true and it was. Don’t get me wrong. This affiliate opportunity was legitimate and a lot of people have made a lot of money with it.

You see, I am not comfortable with person to person sales. This job required that I make face to face sales. It required that I run advertising to promote my business. It then required that I make numerous phone calls to sell my product and build a down-line. Paid advertising was above my budget and the phone and I were not friends!

In summary, to avoid failing in home Business pick the business opportunity that is right for you. Don’t start a business because somebody else has made money on it. Concentrate on building a business that is right for you and the profits will come. I chose affiliate marketing. I basically have 2 websites, one promotes informational products and the other promotes Amazon, companies that have been in business 10 + years. all except the Bitcoin site. Digital money is fairly new, to me anyway..

Here are some important points for you to follow if you want to succeed.

1. Check out the business opportunity and be realistic. If the job is going to require you to take actions that you are uncomfortable with, then you won’t succeed. Cold calling is not easy, can be very stressful.

2. Ignore the $$$ and pick something you like doing. If you don’t like what you are doing, you won’t succeed. There may be many opportunities you would enjoy but don’t be a jumper going from one to another, you are not a frog. Maybe you can handle a couple at a time. You don’t want to put all your eggs in one basket. Another topic for another post.

3. Stay within your personal potential. Because John Doe makes $1000 a week doing a business from home doesn’t mean you will. If it’s not you, it’s not you. It takes different kinds of people to do different things. Not everybody can succeed at the same thing. Doing something from home that you hate is worse than working for the man.

4. Stick with a budget. Don’t let somebody else talk you into spending more money then you can afford. It’s a great way to lose friends.