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posted on: 7/7/2012 2:34:30 PM EST
3 Keys to a Successful Home Based Business
home based business

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In this day and age it is almost impossible to maintain a decent standard of living on one paycheck, but in a family where children are involved it is not always feasible for both dad and mom to have a job outside of the home. Daycare expenses, the need for a second car, and too much time away from the children are some common drawbacks. This however is the exact situation that a Home Based Business works to its greatest advantage.

Home Based Businesses are great and can be extremely profitable but without the proper knowledge and tools you can waste an incredible amount of time and/or money which defeats the purpose you started out with, namely to make money and have time to do the things you want to do. This article was written to give the average person like you and I a practical guideline to getting started in a home based business the right way, and to save you wasted time and money.

My experience has shown me that there are basically 3 main keys to a great work at home opportunity.

Key #1: It must have minimal start up cost to get people started and higher ticket items that you can sell on the back end.
A home based business that has a high start up cost will take longer to see a profit, and as we said earlier, time is one of the things we are trying to cut down on. Minimal cost will also make the home based business more accessible to a larger amount of families or individuals who are just starting out. Once people have bought it is much easier to upsell them and get them to buy a higher ticket item.

Key #2: It must be easy to set up and maintain.
The more complicated your home business project, no matter what it is, the more likely you are to give up out of sheer frustration before you see a profit. A business that is easy to set up and maintain will give you confidence and a sense of accomplishment as you complete each simple step in the process.

Let's face it if you enjoyed wasting a lot of time and effort maintaining a home based business you would not be reading this article. This is about freeing you to spend time with your family and doing the things you love, not creating another taskmaster to replace your job! The first two pillars of a solid home based business are necessary for the third to occur.

Key#3: It must have a quick return on investment. (ROI)
You can spend months building a home based business but it there is never any real profit generated in a reasonable amount of time many people may get discouraged and give up. What is a reasonable amount of time? I would plan for a time frame on the order of weeks instead of months. Depending on the type of home based business some people have had a decent ROI within days, and unbelievable as it may sound some businesses that deal with affiliate marketing and sales can see profit as early as 15 minutes from startup!

This is what I found that fit these criteria. It is a system that you can use to build any other business you are doing. There is no one who uses this system currently who sells 2 a day at $25 each that makes less than $20,000 a month because of the incredible back-end and structure of the company. Watch this now- ibourl.com/qm4



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DAISY FISHLER   317 day(s) ago
Great key ideas. Thank you for sharing
 
Ludwina Van Hyfte   317 day(s) ago
Excellent blog post...thanks
 
Xavier Rivera    317 day(s) ago
Angela, I absolutely agree that key factor # 3 is more and more apparent every day as people are always on the look out for that quick money, and that lucky break of getting into a company when the time is Right. ROI is huge for Most!
 
Xavier Rivera    317 day(s) ago
Angela, I absolutely agree that key factor # 3 is more and more apparent every day as people are always on the look out for that quick money, and that lucky break of getting into a company when the time is Right. ROI is huge for Most!
 
Xavier Rivera    317 day(s) ago
Angela, I absolutely agree that key factor # 3 is more and more apparent every day as people are always on the look out for that quick money, and that lucky break of getting into a company when the time is Right. ROI is huge for Most!
 
Xavier Rivera    317 day(s) ago
Angela, I absolutely agree that key factor # 3 is more and more apparent every day as people are always on the look out for that quick money, and that lucky break of getting into a company when the time is Right. ROI is huge for Most!
 
Xavier Rivera    317 day(s) ago
Angela, I absolutely agree that key factor # 3 is more and more apparent every day as people are always on the look out for that quick money, and that lucky break of getting into a company when the time is Right. ROI is huge for Most!
 
Michael Baxter   318 day(s) ago
Thanks Angela,..Great Article!!..this information is so true.
 
Linda Jones   319 day(s) ago
Thanks, Angela, for the info...definitely will make use of the info!
 
John Thomason   319 day(s) ago
Thanks Angela great information.... I'm going to pass this on.
 
Carol Gathers   319 day(s) ago
Great Article and advice on starting a business. A definite share.
 
Jamie Floyd   319 day(s) ago
yes, i got tired of looking for a job so i made my own
 
Brian Lynch   319 day(s) ago
Great post - very important keys to starting a business!
 
Adriane Jolly    319 day(s) ago
Thanks Angela, Great Article!
 
Lonnie E. Shipe, M.A.     319 day(s) ago
Great, great info thank you Angela
 
James Mierop   319 day(s) ago
Angela great information...I shared.
 
Steve/Vicky Bruce   319 day(s) ago
Thanks Angela, I have been trying to convince our daughter of this for years. I am going to let her read your blog. Have a great weekend and GO IBO
 
Bill Bateman     319 day(s) ago
Those are 3 great keys that can be - should be - applied to any business. Thanks for sharing.
 
TITO MAZALI   319 day(s) ago
Thanks what u say is like million dollar to me great keep it up Tito
 
Ron Bagley   319 day(s) ago
Liked and bumped
 
Beverley Griffiths   319 day(s) ago
Very useful information. Thank you Angela
 
Ronald Lorde   319 day(s) ago
This is a good article and I agree with the three pillars. If we could all find a product or program which would give us an almost immediate return, that would be ideal. Whatever our program, it is necessary to remain focused on creating that income so as to bring us that extra time for ourselves and family.
 
Laura Monivis   319 day(s) ago
Great advice thank you for sharing!
 
Len LaChapelle   319 day(s) ago
Angela, You have covered very important points when one considers starting a home based business. I'd add that if you're building a team, help them succeed by working closely with them. All the best
 
Joe Antonucci   319 day(s) ago
I couldn't agree more wit those 3 Keys
 
Terry Frazier   319 day(s) ago
Great advice and very worthwhile info. Thank you very much for sharing.
 
Natasha Navas   319 day(s) ago
Great info! Thanks for sharing!
 
~* SUSAN CALDWELL*~   319 day(s) ago
Great simple ways to become involved in a home business, thanks for posting Angela, "liked" and wishing you much success today and always
 
Johnny Lee   319 day(s) ago
Sound advice here Angela. Depending on the type of business, if you're building a team, it is very important that those you bring in start making money quickly, otherwise they will follow the next shiny object that crosses their path. Thanks for sharing your insights!
 
Dr. Mark Smikle   319 day(s) ago
Hi Angela, Good day to you. Thanks very much for sharing. Continue to have a great day.
 
Jessica Lefebvre   319 day(s) ago
Great tips for getting started! Thanks!
 


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