Congratulations! Your Starting a Home Based Business

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If you decided to start a home based business I would like to first congratulate you on your decision. Having a home based business can be extremely rewarding on many levels and at the same time provide you with freedom you may have never experienced before.

Now obviously there are both pro?s and con?s to this decision. One thing I can assure you of is that you will be tested on all levels like never before, but the payoff can be huge if you stay the course. This is one of the problems that most home based owners face. Unfortunately many quit before they actually achieve their goal.

Starting a home based business will require some very specialized training in order to achieve success. One of the problems in the home based business is that most people don?t understand the importance of training and as a result fail.

It is important to recognize that you?re not working for a company so there won?t be a boss there to monitor your work and tell you what needs to be done each day; this is something that you?re going to have to hold yourself accountable for. A ?written? daily work plan is going to be extremely important. Depending on the type of business and marketing you choose will determine what that daily work plan will look like.

One key point is, make sure you treat your new business like a job until it actually becomes a business. ?Ask yourself at the end of each day, if I were my own employee, would I keep myself as an employee or would I fire myself? Be honest with yourself, because this can help determine how committed you are to your business and what needs to change in order to succeed.

Most home based businesses are either affiliate marketing or network marketing or a combination of both. My personal preference is network marketing due to the potential of long term residual income. Affiliate marketing can be good but lacks the residual income component.

Another important factor for today?s home based business owners is the internet marketing side of the business. The internet can be a great source of leads but this is an area that absolutely requires very specialized training. Marketing online in today?s Social Media environment has very specific rules of engagement and if you don?t follow those rules, it won?t work and you will become frustrated.

Off line marketing still plays a major role in a home based business but this also is an area that if your trained properly it will help to maximize your results. Marketing off line for many people is a lot easier because it requires a lot less technical skill and people are more familiar with this type of approach. My personal preference is marketing online because you have a greater opportunity to reach a lot more people and expose your business to the masses.

Some of the basic things required to market online are:

• Your own personal website
• Hosting account for your site
• Auto responder

These items are really just the starting point. Once you have these things in place you now need to learn how to drive traffic to your website. This is where it can get tricky.

There are several strategies to choose from to start driving traffic to your site. Some of these strategies are free and some are paid. I recommend that you first learn some free strategies then as you begin to understand how to drive traffic to your website, then you can start to explore some paid traffic strategies. The key here is to learn a 1 or 2 strategies first and start generating leads before you venture into new strategies.

Some of the free strategies are:

• SEO
• Blogging
• Social Media Marketing
• Video Marketing

These strategies will help you to start making some money with your business so that you can begin to move into paid strategies which can take your business to a whole new level. One word of caution, you will want to get some training on these free strategies so you can start to generate traffic and leads immediately!

So again congratulation on your decision and if I can offer some advice, find something your passionate about, get trained, be persistent and most importantly, DON?T GIVE UP!

If you are interested in starting a home based business then check out the system I have used to build my own online and generate tons of leads everyday!

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PS ?Facebook is a ?LEAD GOLD MINE!?

PSS Interested in ?FREE personalized coaching?? CLICK HERE

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Written by Mark Bustamonte

After the collapse of the mortgage industry, Mark Bustamonte (former mortgage partner) took to the internet to build his network marketing business. Over the last 3 years Mark with the help of his team has build a network of agent nationwide. Marks passion is helping other network marketers build a successful business online.

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