http://www.International-Home-Business.com

Introduction

Before you start out on your journey towards a successful online home business, you need to ask yourself ten important questions. It will be worth your while to write down the answers to there questions. Your answers will help you to make giant strides towards realizing your dream of a successful home business on the internet.

Step 1: Why do I want a home business on the internet?

The very first question you need to ask yourself is: "Why do I want a home business on the internet?". It is very important that you consider the "why" question before you try to answer the "how" question. It is the "why" question that will provide you with the necessary motivation and energy you need to take those important first steps towards your dream of a home business on the internet. Initially the answer to the "why" question might seem obvious. You want to start an online home business in order to make some money or a lot of money for that matter. But still you need to ask yourself: "Why do I want to make a lot of money?" If you can answer this question, it will be a major motivating force in setting-up and running your online home business. If you find it difficult to answer this question, you can do the following exercise. Cut out 15 pieces of paper and number them from one to fifteen. Now each day write down three things you would do with $10 000 if you had in your pocket right now. Write down three new ideas the next day on the next piece of paper without looking at the answers of day one. Continue in this fashion until after the fifteenth day you have three answers on all fifteen pieces of paper. After the fifteenth day, you can now review your answers. Draw up a list of priorities by noticing which of these answers occur more consistently than the others. You will now have a very good picture of your deepest motivation to get a online home business going.

Step 2: Do I have the right attitude and beliefs?

If you took the time to faithfully and honestly answer the question in the first step, you already made some progress towards the second question. The first question helps you to be clear about your goals. The second question helps you to get clear on your attitude and beliefs as you start out to achieve your goals. Do you really believe in your own success? What is your beliefs about money? You must believe in your own success in order to achieve it and you must have the right set of belief towards money. You need to start to think in terms of success and not in terms of failure. Tell yourself: "I can do it". If you have this positive frame of mind, you can move mountains. It will also carry you thorough the times of doubt and difficulties. In order to strengthen your own belief in your success you can do the following exercise. Make a list of all the reasons why you will succeed in your own online home business. Brainstorm any positive thought you can think of. Now prioritize that list of ideas. Add this second list to the first one in step 1. Read your goals as well as the reasons why you will succeed each and everyday.

Step 3: Do I have the staying power?

A Harvard University professor observed that businesses go through a series of crises while they grow. During those series of crises, you will need to have the necessary staying power in order to be successful. The first crisis will occur in the initial stage of your business. At that time, you will have to deal with transforming your idea into a reality. You will need to take systematic action and set up a management structure for yourself.

During the next phase, you will be able to channel your energy more efficiently because you are starting to know the ropes. You will need to take strong initiative in this phase. During this phase, small amounts of money will start to trickle into your pocket.

As your business start to grow it will demand more and more of your time and you will notice that the administrative tasks is getting out of hand. You will be able to face these crises by automating your business.

When you finally have a steady income the trick will be to be able to improvise ways that will make sure that you will be successful in the future.

Each of these crises will test your staying power and your resolve. Expect these rough patches they are unavoidable. It takes guts to start a business. Ultimately, you are responsible for the success or failure of your business. You can blame nobody else. In these times of crises, it is important to go back to your "why". Why did you start this business in the first place and why is it important to see it through. Stay positive and expect something good to happen.

Step 4: Do I have the necessary skills and experience?

If you are going to start a home business, it is important to invest in your own education. It would be sheer folly to go into business while you do not have the necessary skills to make your online home business a success. I do not ask you this question because I want to discourage you. I ask it in order for you to evaluate your skills and experience in the light of your business goals. While you are doing the evaluation, ask yourself how you can improve your skills and education. Ask yourself: "Which courses do I need to take in order for me to be able to run my online home business successfully?" Start by focusing on the skills that is most important for the success of your business. If you do not have the necessary skills, you will need to invest some money to get those skills and give yourself the time to acquire them. Also, consider the next question.

Step 5: Who will be my mentors and advisors?

Surely, other people traveled down the same road that we now embark upon. You can learn a lot from these people. Especially if you are lacking in any of the skills mentioned above. Do not be afraid to ask. People are generally keen to be of service especially if they can share their expertise with you. So sit down and make a third list of those people whom you can regard as mentors and advisors for you online home business. Write down every name that you can think of and what that person can offer you. You now have three crucial lists to boost you resolve to start an online home business.

Surround yourself with good advisors and find people who walked the way and can lead you in the same direction. These people can be very valuable in the times of crises because they will be able to give you sound and objective advice. So do not do everything on your own. Ask for direction if you do not know how to proceed.

SIDEBAR

My

Step 6: What product or service do I want to promote?

At this point, you must ask yourself if you want to market your own product/service or if you want to market another company's products and earn commission. If you decide to go for your own product or service, ask the following questions: What does people need? Who needs it? When do they need it? Why do they need it? How will my product/service benefit my clients?

If you decide to rather earn commission on other people's products, it will simplify things a lot. Affiliate programs are probably the easiest way to make immediate money. Affiliate programs have the following advantages:

You do not need: to take orders, collect payments, manage inventory, ship products, or provide customer services.

SIDEBAR

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Step 7: How will I market my product and myself?

One of the obvious marketing strategies of any online home business is using your own website to market you product or the products of an affiliate program. It will be of utmost importance that you are able to drive targeted traffic to your website. Only 1 to 20% of people who visit your website will click through to actually view the products or services you offer. Of those people, only 1% will actually buy your product. Therefore, you need about 600 visitors to make just one sale. The big question is how you are going to get traffic to your site. Here are some ideas:

· Submit your site to the major search engines

· Banner advertising

· Classified ads

· Email advertising

· Ezine advertising

· Pay per Click search engines

The success of your online home business will depend on the product as well as how well you market that product.

SIDEBAR:

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Step 8: What actions am I going to take right now?

In life you can only expect a reward if you take action. Therefore it is very important that you draw up an action plan. You need to make the right choices and stick to it. Ask yourself:

· Where do I want to be in a week's, month's, year's time?

· What do I need to do today in order to realize my dream?

· Who can advise, assist and collaborate with me?

· What will my deadline be?

In the first eight steps, we helped you to make many decisions and create your own vision. Now you must pull the trigger. Your intentions will bring you nowhere, but consistent actions will. Take the appropriate actions and evaluate yourself on the results of those actions. Do not take any excuses from yourself and neither from other people. It you want to succeed in your online home business you will have to measure yourself by the results of your actions. Take stock regularly. If something does not work, try to approach it from another angle. Just do not quite. Be tenacious. Dr. Phil McGraw says: Be committed, do what it takes and you will have what you want.

SIDEBAR:

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Step 9: How am I going to handle setbacks along the way?

When a temporary setback occurs on your road towards a successful online home business, remember the following:

· Don't panic · Think before you act. · Do not quit prematurely. · Brainstorm your alternatives and start to put them into practice one-step at a time. · Get advice. Ask for help. · Keep thing in perspective. See the bigger picture. · Do not spill your energy on remorse. Focus on the positives.

Remember that setbacks even major ones are part of any business. If you can handle your set backs with grace you will be stronger when you face the next challenge that lies ahead. Persevere. Do not give up just as you are about to make a big break!

Step 10: How am I going to reward myself?

You need balance in your life. Therefore, you need to reward youself for every small success in your business. Reward yourself for the first sale that you make. The small action step that you took. You must be diligent in taking holidays, weekends and a day off. If you do not take time to rest, you will not have the energy to keep your business going. You performance will increase rather than decrease if you regularly take time to rest and relax. You also need to build in some fun into the equation. Do something that is fun every day. Enjoy a good song or a joke. Take a brisk walk in the park. Do some exercise or play with your kids. Fun gives energy and enjoyment. Do not let it fall by the wayside. Exercise your fun muscle regularly. Reward yourself and take some time out to celebrate your victories.

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About the Author

Not long ago, I didn't know ANYTHING about Internet marketing... However, within just 2 weeks, I launched my own website AND learned how to profit from an opt-in list, pull in sales with ezines, make money with Google Adwords and setup my own BLOG! Here's how: http://www.PlugInProfitSite.com/main-10243