Hello again Wealth Builders!
Welcome to Legitimate Work From Home Opportunities on the Internet - Part 2.
In Part 1 we looked at the benefits of working from home; why running your own business is the usually the best way to do it; reasons why the Internet is the ideal place for you to build your business; and we looked at a few of the responsibilities of running your own business.
Today in Part 2, we’re going to look at the #1 reason most people don’t even begin to start their own business.
It can all be summed up in one word: Fear.
Fear: the big ball and chain!
For many of us, the terms “entrepreneur” and “self-employed” are scary, or at least we can’t see ourselves doing it.
We have subscribed to the illusion of job security (and believe me, job security is an illusion) for so long, and heard so many negative stories about businesses failing, that most of us are too afraid to even consider starting a business ourselves.
Yes, as an entrepreneur there is the chance that your business will not succeed. However, that often has much more to do with personal beliefs, mindset, actions, lack of market research prior to choosing and launching your business, and other “internal” factors - than it does with external factors such as the economy, market conditions and such.
Besides, every attempt that does not produce your desired results is still a success because you learn from it. Then you apply what you learned, adjust your approach and go for your goals again from a new angle!
The more you do this, the less fear is a factor. The key to dealing with fear is not to ignore it or try to suppress it. The key is to acknowledge it, know where it’s coming from, and then act in spite of it because you believe in what you’re doing!
Donald Trump Gets Scared Too.
Of course successful entrepreneurs feel fear. They’re human just like everyone else. But they view fear simply as a call to attention, not as a reason to freeze up or run away!
If you’ve read any of Donald Trump’s books (such as Trump: The Art of the Deal
The difference is that they don’t let fear stop them. They review the situation, look at it from all angles, and get the big picture. This allows them to get a greater perspective and determine the best course of action, which can greatly reduce their fear. Then they act in spite of whatever fear they may still have.
You can do this too - especially when you see that there is very little to fear in the “new world” of work from home opportunities!
The times they are a-changin’… for the better!
These days, you have even less to fear when you use legitimate work from home opportunities that are based on the Internet. Here’s why:
Starting a traditional “bricks-and-mortar” business is usually an all-or-nothing kind of deal. Aspiring entrepreneurs often take a loan, use their savings or even mortgage their house to start a small business such as a coffee shop, retail or specialty store, service or trade.
If the business succeeds, great - although the time investment is usually huge (60 to 80 hours a week is not uncommon when you’re starting out) and profitability takes a while to achieve (you need to build a customer base to pay back the startup costs). But it can still be done and yes, sometimes an entrepreneur will start a bricks-and-mortar business and succeed at building it into a large company or even an empire.
However, if the business fails then that’s not so great. Bankruptcy often results, and the would-be entrepreneur is left with nothing: no business, no income, no assets… and no credit either. And for various reasons, this is often the case. More business startups fail than succeed.
Enter the Internet!
With the Internet, the “all-or-nothing” business model is becoming one of past generations, as is the rat-race “employee lifestyle” we described in Part 1.
These days it’s so easy to start working from home, especially with the rise of the Internet and its ever-increasing, exponential growth.
Anyone who says the Internet is getting overcrowded, or that it’s nearing its full potential, is dead-nuts wrong. In fact, we’ve only just begun to scratch the surface of its potential!
As technology continues to improve and more and more people around the world come online, the potential for Internet business success will continue to grow at a massive rate.
Now it’s a fair game.
Another great thing is that the Internet levels the playing field. In the past, starting a profitable business often required a significant - often large - cash outlay, along with a lot of effort and time.
This put entrepreneurship out of the reach of many who could not spare the time or raise the cash. Instead, they resigned themselves to working for individuals, corporations or institutions who did have the time and cash.
However, now it’s possible for you to launch a successful online business that can compete with the big dogs and become profitable in a matter of weeks - sometimes even days - rather than months or years!
You still gotta do something!
I won’t mislead you: starting an online business takes time, effort and investment. Online or not, it’s still a business. But if you commit to it, you will succeed - and the initial time, effort and investment is a small price to pay compared to the profit you can make once your business is up and running!
Of course you shouldn’t expect to make thousands of dollars in your first couple of weeks. Some of the ads for guru products and get-rich-quick schemes will try to convince you of this, but they’re not worth one red cent.
The truth is, Internet businesses tend to grow on a rising curve. They start small, but as over time they grow more and more quickly, like a snowball rolling down a hill.
As long as you maintain and grow your business consistently at the beginning, it will produce greater and greater profits… with less and less effort on your part as time goes on!
You might start small, but your business can become huge!
What you can expect is this: when you start with a good work from home opportunity, follow a proven system and take consistent action, you will start making money very quickly.
The money you make may be small at first (for example, I think I made less than $10 in my first month online), but here’s the key:
Due to the massive size and continuous expansion of the Internet (currently over 100 million indexed websites, 45 billion pages and over 1.3 billion people online - and growing rapidly), any online business that you launch, maintain and promote consistently using proven techniques, will generate traffic, attract customers and produce profits on an exponential curve.
In other words, you may make $2 your first month, then it might be $4 the next month, then $8, then $16, then $32, then $64… and so on.
So within a year you can be making a decent income… perhaps even enough to replace your job and work from home full-time. And this is using a very basic example that starts in the basement and assumes your income will “only” double every month. In actual fact, it can increase much more quickly than that if you take the right steps!
Low time and money investment.
The time, effort and investment required to start a successful online business is generally much less than you would spend to start a traditional business. You’ll also find that it generally takes much less time and effort than you put into your current job (although I don’t recommend quitting your job until your online income can support you).
Yes, it does take some time, effort and investment. As we’ve already said, legitimate work from home opportunities are real businesses - you can’t expect to just purchase a product and have thousands of dollars drop into your lap.
But you can very easily start an online business in your spare time, have it be profitable in short order due to very low startup costs and overhead, and build it up to the point where it produces a full-time income - or much more - in a very short time (less than a year).
And of course, to start and online business all you need is a computer, an Internet connection and the necessary knowledge, training and systems… all of which you can apply from home!
So what do you do to start making money online?
There are many opportunities available, but a lot of them don’t really contain much useful information. Usually the ones that make outlandish claims are either full of you-know-what, or they’re leaving out some important details in their ad.
For example, a “guru” might claim that he made $50,000 overnight with his system, but he’ll neglect to mention the fact that he had a pre-existing e-mail list of thousands of people to market to. Once you’ve built a large opt-in list, it is possible to make thousands of dollars in a day. But you’ve got to build the list first!
The best thing to do is find products that show you how to find or create legitimate work from home opportunities on the Internet, and then show you how to build a profitable business from them, step-by-step. If they provide resources, tools and other bonuses, so much the better!
There’s more to say on this subject… but we’ll leave that for Legitimate Work From Home Opportunities on the Internet - Part 3… coming soon!
