The Most Common Home Based Business Mistakes

When starting a home based business, it is easy to make mistakes that could seriously impact your profit and sustainability. This article will help you learn about some of those common mistakes, and how to avoid them.

The most common home based business mistake is also the biggest one: not having a business plan. Business plans should give focus to a new start up, and create a realistic strategy for increasing productivity and developing a sustainable business model. Many home based business owners think they do not need one, but that is false. A business plan is critical for any entrepreneur, regardless of where their business is located or what it does.

Another common pitfall is a lack of motivation. When working from your home, it is easy to put off going to work, or get distracted. A home based business requires the same amount of work and effort as any other job. It is important to set regular work hours, and stick to them. Find ways to minimize time spent on time-wasting websites, or time spent on household chores during your work hours. Make sure that family members know that you are working, and only interrupt you for important things.

Failing to do good market research is another mistake many home based businesses make. You will need to make sure your business fills a need. Whether that is filling a particular niche or improving upon services already offered by your competitors, it is critical that there is something unique about your business. This is true for an internet home based business as well. Make sure your site is different from any competitors, and that potential customers can easily see why your business is better.

Another common home based business mistake is underestimating the physical needs of your business. From using poor quality or outdated technology to not allowing room to grow, the wrong office can severely limit a home based business. Research the technological needs of your business, and be sure to budget those in. When you create your business plan, think positively. If your business succeeds, how much room will it need? Can your home provide that?

The final trap that many fall into is believing in get rich quick schemes. If a website or program promises high returns for little or no work, be wary. There are many legitimate programs out there to help get a home based business off the ground, but any business requires work and dedication. If it sounds too good to be true, it probably is.

Starting a business takes a lot of work and careful planning, but if you avoid these common mistakes your home based business stands a good chance of succeeding.

John Gosselin – The Homerun Hitter Of Home Based Business

For those who are meeting me for the first time, my name is John Gosselin, and due to my network marketing success, my peers call me “The Homerun Hitter” Of Home Based Business and I am on a MISSION TO Steer in the right direction and work with as many “NEW AGE” entrepreneurs and network marketers as I possibly can in 2010 and beyond!

Aside from the monetary gain one of the BEST FEELINGS in the world is having a residual income check for thousands of dollars in my mailbox each and every week generated mostly because of the desire to take the focus off myself that I’ve brought to other people’s lives. I don’t take this role lightly and recognize this is a fairly hefty thought to ponder, but up until now, I FELT I HAD REACHED MY PURPOSE of retiring young and retiring rich, and validating my mantra as being John Gosselin – “The Homerun Hitter Of Home Based Business”!!!

Please understand, the futures of YOUR small business’ success lies in your ability to part ways with the “OLD AGE” brick and mortar paradox, and learn how Straightforward putting in place a strategic scientific success system to enter the “NEW AGE” click and order paradigm can be.

The “NEW AGE” paradigm is amassing DAILY rags to riches stories, whopping pay days, and instant millionaires in this network marketing, and as being The Homerun Hitter Of Home Based Business I feel this is happening MOSTLY by exposing the flaws of the traditional business!

Being a “New Age” entrepreneur is about an deeming yourself as an EXPERT in a field of business that you are enthusiastic about, Recognize there is market support for, and then going ahead and developing a ROCK SOLID infrastructure around you idea to speed up, support, and monetize you marketability.

Living life the John Gosselin way is centered upon planning your perfect day, rather than having your time cluttered with things you really have no interest in doing, being at, or care about; creating the MOST important and memorable ingredients in life’s recipe OUGHT TO be our ONLY purpose, but nearly everyone of us go about putting what is important backwards in my opinion…

To MOST efficiently accomplish designing, developing, and constructing your customized lifestyle, recognize that attracting the PERFECT “NEW AGE” entrepreneur into your network marketing endeavor has much to do with utilizing A SCIENTIFIC, PAINT-IT-BY-THE-NUMBERS SUCCESS FORMULA and absolutely nothing to do with guesswork or luck…

Success Is Found In how you go about your Daily Activities

The SECRET TO “NEW AGE” entrepreneurship and journeying from success to significance in network marketing is creating distribution points (distributors in your group) that are self-branded, self-sufficient, fanatical, empowered, and educated on not only their network marketing company’s benefits, but more importantly, contain limitless knowledge to be paid forward that also incorporates a strong grasp on being a forward thinking, internet savvy, “NEW AGE” entrepreneur.

When you are aligned with the the “New Age” entrepreneurial methodologies, you not only get MORE prospects coming to you, but those who are also BUY MORE STUFF FROM YOU, VISIT YOUR WEBSITE MORE OFTEN AND ONLY WILL ONLY WORK WITH YOU LONGER, AND REFER MORE PEOPLE, isn’t that the aim of courting a win-win relationship?

IN ONLY 90 DAYS after adhering to this NEW AGE scientific success formula, I John Gosselin, now benefit from the internet to generate upwards of 50 HUNGRY, quality, and targeted leads everyday, but most importantly, I was able to unify all of my knowledge, experience, confidence, contacts, and factual data into one NEW AGE ENTREPRENEURIAL system to explode my efforts!!!

WHAT YOU MUST DO WITHOUT DELAY is place interested prospects & potential customers into an “EDUCATIONAL FUNNEL”, with an intention to teach, train, develop, guide, manage, & EMPOWER aspiring network marketers, currently MLM’ers, and retail customers with the HOW TO ANSWERS OF ATTAINING THEIR GOALS OR MEET THEIR NEEDS.

I can look at anyone with no doubt and CONFIDENTLY convey to them that MY PERSONAL SUCCESS FORMULA, the John Gosselin, “Homrun Hitting” model is a a callaboration of hundreds of years of success and is built upon an entrepreneur’s dream of MAXIMUM PROFITABLITY WITH MANAGEMENT STABILITY!

Because of the “AMEBA-LIKE” take-over of the internet, bands of NEW AGE entrepreneurs are using people power and collective buying power to not only CONSTRUCT A SUB-ECONOMY, but one that is INSULATED fully from any threat from the “OLD AGE” paradox what-so-ever.

…And by taking full advantage of the speed, low-cost, and immesurable reach of THE INTERNET to attract ready to buy customers and prospects to you PROVIDES THE “AVERAGE” PERSON the break-through-moment to get ahead in a MAJOR way with this “NEW AGE” network marketing paradigm shift!!! It’s amazing how many more people than ever are Journeying From Success To Significance In Network Marketing due to this radical overhaul of our industry.

There are over 200,000 internet searches EACH DAY on network marketing.

A lot of people have been want to me to work with them DIRECTLY to share my STEP-BY-STEP GUIDANCE on how to get started with their own marketing online, and after being introduced to the model of ATTRACTION MARKETING for the first time lots of people are left with even more questions than when they first asked. It is really funny, some feel like getting on track in this on-line voyage is a similar experience to drinking water from a fire hydrant!

I want to take some of the tension off the line and allow you to understand that although it is filled will HUG potential, dynamic, and “NEW AGE”, you don’t have to be overly concerned because The John Gosselin NEW AGE entreprenur success formula is going to allow you to absorb the information one bite at a time, I’m going to back the water pressure off a bit to allow you to step-by-step, paint-it-by-the-numbers style absorb it all accordingly…

…Over the past few weeks several dozens of coaching students have STEPPED UP TO THE PLATE and their success has been off the charts!!! The John Gosselin “HOMERUN HITTING” MASTERMIND TEAM currently Is looking to fill spots in the line up and each and every one of these “NEW AGE” entrepreneur, heavy hitting mastermind teammates and students is firmly becoming MEGA-SUCCESSFUL on how to do it the John Gosselin in the big leagues.

“Don’t Allow Yourself To Be A Forgotten Hero That Never Was”

I believe in you and congratulations on your commitment to leadership.

BE AWESOME!!!

If you would like to learn more on succeeding with significance in network marketing make sure to read the resource box below and click the link(s).

Ways Customer Feedback Can Benefit Your Online Home Based Business

Have you ever been at a restaurant and found a customer feedback form included with your bill at the end of your meal? Many different types of customer service oriented businesses, whether their offline or on the Internet, ask for your opinion and want your feedback and for good reason.

This information benefits these enterprises in many different ways and collecting your home business customer’s and potential client’s views via a customer feedback form on your website can also help you and your operation.

1. Your customers can sometimes provide information on how you can improve your sales and customer service because they’ve just been through the process. Maybe they had difficulty accessing their product after purchase or downloading was an issue for them or maybe the customer service representative they dealt with could have been a little more courteous; whatever the situation they can offer advice which may help you retain disgruntled clients who would otherwise request a refund.

2. Website design and functionality are very important when it comes to keeping people on your website long enough to check out your products and or services and become paying customers. Who better to tell you how to improve your home page than your visitors?

Maybe it took them longer than they would have liked to find what they were looking for, or perhaps it took too long for your site to load in their browser, or possibly they just don’t like the appearance of your home page.

Whatever the reason for their dissatisfaction any feedback your guests can offer in this area may help increase the return traffic to your home business because of modifications or changes you made as a result of their help.

3. Perhaps some of your guests recognize areas where you could cut costs and reduce expenses. Your delivery process may be too cumbersome and time consuming or you may be able to eliminate a step in the after purchase process or possibly your top heavy with administrative staff.

These are situations we’re sometimes too close to and we can’t reognize the problem even when it’s staring us in the face. Any information your customers can provide could possibly save you money which you could dedicate to other areas of your home business such as advertising and promotion.

4. Your customers may be happy with the overall performance of your product however they may notice something you could improve upon such as the time it takes to download from your website or perhaps you could make it easier to use or you may be able to improve upon the instructions for using your merchandise. This type of information may improve your customer retention rate by helping you further develop your current product.

5. Your customers and visitors may be able to tell you what you’re competition is doing to increase their sales. Perhaps they’ve visited your competition before deciding to purchase your products and can suggest ways to persuade others to buy your merchandise before they buy from similar businesses as yours.

Maybe you could offer a discount on their next purchase or give them a free subscription to your ezine or perhaps include an add-on product with your original good to persuade them to become paying customers.

Constructive criticism, customer feedback or simply suggestions; whatever you choose to call them can be a very important aspect of your home business success online if you choose to accept them for what they are and make them an integral part of your Internet marketing strategy.

Business Insurance With Regards To Home based Australian Businesses

Home based companies in Australia are emerging rapidly, with a million new businesses in recent years. These kind of businesses provide people the freedom to run their particular operations from their homes, operate in as much hours as they prefer, and offer new products and services to the community. Right after planning on the product design and the startup, it is essential that home-based companies protect themselves by getting business insurance. Every business is unique and must be examined carefully to find out its insurance specifications.

Those who are running a home based business should realize that homeowner policies in Australia do not normally provide cover for certain business activities. Consider the following types of cover and then decide whether they are applicable for the size and type of your business.

Computer equipment, home office furniture, specific tools for the business and the inventory will all need to be insured. Any one of these items could easily be damaged, lost or stolen, which can cost thousands of dollars to replace. Most businesses cannot afford to take such a loss while continuing to operate.

Suppliers and customers that come to the home to make deliveries or pick up purchases are often overlooked. To keep risks to a minimum, it is a good idea to buy public liability insurance in case of unforeseen accidents. Public liability insurance can protect the business owner from third party claims in case they run into an accident while transacting a business.

Of course, any business owner will go to great lengths to protect their business, but it is not easy to prevent theft, storm damage or fire. Cover insurance can protect valuable equipment and stock investments when the business owner cannot.

Employees working from home-based businesses in Australia are legally required to be covered by workers compensation. As small businesses grow and add employees, they too will need to be covered.

Business owners rarely anticipate problems directly affecting their revenue. Illness, accidents or equipment failure can all be factors impacting a loss of revenue, but can be insured to prevent additional financial risks to home based businesses in Australia.

It takes time and effort to get a new business off the ground. Spending a few minutes to evaluate and buy business insurance cover can prevent unnecessary risks to the business and prevent losses.

Not Making Money Online – Home-Based Business Tips

If you’re not making money in your home-based business, find out how to get your products or services exposed and how to succeed .You will learn how to leverage the multiple internet-based technologies that will take your business to a higher level. You will learn how to “win” and make money online. You will learn how to succeed in online business marketing.

There are several things that make a business to succeed or fail. Latest statistics show that 50% of new businesses fail within 5 years. Why do these businesses fail? I cannot cover all of these here, however, among the top seven (7) reasons, is “lack of a website”. Since 70% of Americans use online business products or services, and over $7 million were spent online in 2004, having an online presence for your business is critical.

How to gain an online presence for your business, whether home- based or local, will be the topic of another article. Let’s assume you have a website. If no traffic comes to your website, it is almost the same as not having a website. So, the key to making money in your business online is tied to getting traffic to your website. This is where knowledge of the internet-based marketing tools is really most important. Knowledge of techniques such as SEO (search engine optimization), SEM (search engine marketing), article marketing, E-zines, banners, social networking, affiliate or joint venture programs, forums and other media placement techniques is necessary for success against your competitors.

Many in the home-based business industry may not know these techniques. There is a definite need for anyone starting a new business to become familiar with these techniques in order to market their products or services effectively and make money.

Below are 5 tips for effective money-making online:

1.First of all your website should clearly reflect the product or service you provide and should be targeted towards the market you are trying to reach. It should look professional and be easy to navigate, having a definite end action in mind. It should inspire the visitor to want your service or product.

2.Branding of your product or service will reflect your uniqueness against your competitors. (This will be the subject of another article).

3.You must develop a Marketing Strategy. This strategy must include many of the internet based marketing techniques which I described above. This means that if you don’t know these techniques, you need to learn them. There are some e-courses for many of these. You must determine whether your budget will allow this, otherwise you must self learn.

4.Your marketing and advertising must be ongoing with a monthly budget. For those who are beginning and have a limited budget, there are some free and low cost media placement techniques to start.

5.Automating as many features of your site as possible will save you time which you can use elsewhere in your business.

These are just some thoughts on ways that can increase your money-making online. If you can successfully drive traffic to your appealing, targeted and focused website, it should translate to more money in your pocket every time. The key is knowing and keeping up with the ever changing internet-based marketing techniques.