Re: How to Determine the Right Home Based Business For You

[mleuck <m.leuck@xxxxxxxxx>]

On Jun 24, 2:34=A0am, Mary Murphy <psiyovnhd...@xxxxxxxxxxx> wrote:
> Starting your own internet home based business is not just about
> having a dream. It is the quickest path to entrepreneurial success,
> plus it's a lot less expensive than you might think. Under the right
> conditions and if you're a certain kind of person, a home based
> business can be a wonderful option worth investigating.
> Imagine what it would be like if you could be among the 1% of people
> that actually succeed with their internet business. No more endless
> meetings, fear of being laid off, having to deal with economic crisis,
> or sitting in traffic.
> When you have decided that running a home based business is what you
> want to do, there are a few ways to get started. Remember that it is
> different for everyone, and that starting a home based business can be
> a very individual thing.
> There are real steps to ensure your business is a successful start. So
> what are some of the things you should consider when launching your
> home based business? Let's look at 3 of the most important steps you
> need to do to establish your home based internet business:
> 1. Decide on an idea
> Let your imagination wander for hours and you'll probably still not
> run out of ideas for starting your home based business. Where do you
> start?
> Well, most business ideas often come from a person's education,
> experience and hobbies. By considering your natural talents, skills,
> and the sources of enjoyment in your life, you may find the seed for a
> good business idea. What you want to do here is to choose something
> that you are passionate about.
> The more you love your work, the more time and effort you will be
> willing to put into it. This can keep you going in the beginning, when
> things are still pretty lean. The foundation of ANY business should be
> passion or interest.
> Why?
> Because you'll lose interest in your business if you're not passionate
> about what it is that you do. Starting a business on the internet is
> easy, but you're going to need strong passion or intense interest in
> your work...
> * What are you interested in? * What are you passionate about? * What
> subject or topic do you have a lot of knowledge about? * What are
> people always coming to you for advice about?
> 2. Do your research and gauge profitability
> Many home based internet business entrepreneurs give a scant view when
> it comes to researching the market. The fact is performing research is
> more critical to your success than driving tons of traffic.
> What you want to do here is to make certain that you know your field
> and that your idea is sound. Where does your idea stand in the market,
> and who is doing what you are doing? Can you do it better, or can you
> do it cheaper?
> There are lots of niches out there that are waiting for you to fill
> them. Make sure that you don't start a business where the market is
> over crowded with entrepreneurs, doing things better than you could
> and with more experience under their belts.
> 3. Model after existing systems
> Make sure that you are not reinventing the wheel. Just because you are
> doing something new doesn't mean that there are not ways that the
> knowledge of other people can help you.
> Find a proven system and find out how it can be modified to suit your
> needs. The problem with starting completely over is that it wastes
> your valuable time and takes you away from the important work that you
> could be doing. Many people are yet to realize that the Internet is
> all about having multiple streams of income.
> If you follow these proven strategies, you will begin to build a
> business that can last a lifetime. Be prepared, as some hard work lies
> ahead but anything worth doing is worth doing well.http://groups.google.c=
om/group/thecbcodev/

I agree, what do you think Frank?