This is the fifth in a series of seven articles that tell you how to sift through all the home business opportunities you hear about every day, and find the PERFECT home based business for you.What makes an opportunity P.E.R.F.E.C.T.? In the first four articles in this series, we learned that the “P” in PERFECT stands for “Profitable”, that the first “E” in PERFECT means “Easy”, that the “R” stands for “Real”, and that the “F” means “Fits With Your Desired Lifestyle”.Key Number Five-
The second “E” in PERFECT stands for “E-Friendly”. The PERFECT home business will make heavy use of “online marketing”, and can be completely focused on it, using the internet and e-mail as a channel for direct marketing of your product or services. If you’ve ever wanted to make money on the internet, make sure your business is E-friendly for both marketing and product delivery.”E-Friendly” means:• Marketing can be conducted entirely on the internet and through e-mail.For purposes of this discussion, you want to make sure your home business can be operated using “online” internet and e-mail marketing methods. Up to 100% of your business may come from that marketing channel.However, you may not want to ignore “offline” direct marketing. In fact, for some products, it could be a mistake to focus only on internet marketing. I started out with classified advertising and small space ads in magazines and with post card mailings. But for now, focus on internet and e-mail marketing.• Products or services can be digitally delivered.The best of all worlds here is for customers to place their orders on the internet and for the product to be instantly delivered to them as a PDF, MP3, or other digital file. Your costs are extremely low for digital delivery and your customer gets instant gratification of their need by getting the product quickly.• Fits into a market or market niche where related key words are searched for often on the internet.If the key words related to your products are not searched for regularly on the internet, you will have lots of problems using the internet to market your products. The lack of related key word searches is one piece of evidence that there may not even be a market for your products.If there are many key word searches related to your product, it validates that there is a market for it. It is best if the key words imply the searcher has an intention to buy, rather than an intention to just gather information.So, the PERFECT Home Based Business must be E-FRIENDLY. And, it must be PROFITABLE, EASY, REAL, and must FIT WITH YOUR DESIRED LIFESTYLE.
How To Discover Your PERFECT Home Based Business – The Fifth Of Seven Keys – It Is E-Friendly
Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up
One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.
However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.
Your product creation system should do this for you if only to help you to understand the overall task.
But why?
In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!
So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)
The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.
Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.
Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.
By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.
You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.
How To Start A Home-Based Business – 5 Steps To Make It Happen
Whether you are considering starting your own home-based business for the goal of bringing in a few extra dollars every week or you want to be earning six-figures within the next year, you can achieve these goals with the right dedication and the right tools to get it done the right way. If you want to start something that will last for years to come, then you have to go into it with the attitude that you will stick with it no matter what happens and that you will dedicate yourself to being ethical and delivering only great quality products and services to your customers.
With that said, you really can earn a full-time income or more from the comfort of your own home, and while it may seem like a difficult endeavor, it is actually simple to start and build a successful home-based business. If you are ready to take action, you can use the following five steps as a starting point to building a great work-from-home business.
The five steps to get yourself started include:
1. Sell the right products for maximum benefits
A great way to start is with a few lower-priced items, and the best way to scale your business is to develop more products that are sold at a much higher price. While you may be wondering what to sell and where to get your products, you should realize that the best way to make a lot of money is to sell your own products. It is so simple to create information products from home, meaning an ebook, an audio course, or even a video course can be made quite easily and can be sold from anywhere between $20 to $1000′s. If you are serious about making real money from the comfort of your own home, I encourage you to strongly consider going this route.
2. Get a website
Setting up a website has never been easier and the cost is so low that no matter what your budget, you can afford it. And the best thing is that setting things up is so simple and straightforward that you don’t really need to have any experience or expertise to get things up and running.
3. Start building a customer list
The best way to make money is to develop a customer base. When you start doing business from home, it is important to collect the names and email addresses of anyone who shows interest in your business, both online and offline.
4. Create plenty of good stuff to give away
You will have to provide potential customers with something they can use to gauge your expertise. If you were to write an ebook, then a good idea would be to take out a chapter and give it away as a teaser, so that your customers could see what you have to offer, increasing the likelihood of making more money.
5. Find a mentor
Find someone who has already built a successful home-based business and get some advice from them. This can help you avoid common mistakes, help you move forward faster, and help you achieve better results in less time.