Contents

This article is touching on the how long you can expect to see any profits when you are starting your own home business. It will give you some ideas on how long you will expect to wait.

How Long Before You Make Money?

How Long Before You Make Money?With the exception of some not for profit organizations most people go into business in order to produce revenue (income) and profit. Unfortunately, when it comes to a home business, and especially network marketing, many people forget this important point. In a traditional business, whether a Ma and Pa shop, or a large franchise store like McDonalds, business owners know to watch their numbers. A business must make a profit in order to survive and, if it doesnt, adjustments must be made accordingly. One of the reasons for the high failure rate in small businesses, "home business" es, and MLM (network marketing), is because due to the low entry costs and requirements people often dont treat them like, real businesses. Two things commonly happen: 1) Many people have the attitude that since they didnt have to invest much to begin with they really dont have to be too concerned about whether they make money or not, or how soon. Of course, that often ends up being a self-fulfilling prophecy. Its not just that way with a business, but with many things in life. If you come to own something that cost a great deal or required a lot of effort to acquire you tend to appreciate it more than something of lesser perceived value. When you consider that network marketing has made some people just as much if not more money than many other traditional kinds of businesses, with incomes of as much as $1 million a month or more being achieved, treating a MLM as if it isnt a serious or real business is a huge mistake! 2) Because the entry cost can be so low people overlook the cost of not making money, and also have a tendency not to pay attention to how much their other expenses associated with their business (such as trips, conventions, and/or buying extra products or services over and above what you really need) add up over time. For example, lets say that you spend $500 to sign up for a new business. Not a lot of money at all, maybe the price of a cup of coffee a day and some change. Weeks go by, and then months, maybe even years, and you still arent making any money. Perhaps you dont think much of it because, you think to yourself, I only spent $500 to get started in this business anyway. But what are the true cost? Lets say that in addition to your startup cost you have also been spending $150 each and every month on buying your companys products and services. (Perfectly ok if you enjoy and use all of the products you buy; not ok if you are buying more than you need simply to qualify for a certain level with your company!) And lets also assume that you are spending $50 a month on meetings, conventions, or seminars (many people spend much more). So, even though you really havent paid much attention because you only invested $500 to begin with, if your business hasnt yet started making you money then you are really spending AND LOSING $2,400 a year, in this hypothetical example. And, here again, in reality many people often end up spending much, much more. Going back to the example at the beginning of this article about a traditional business, like a McDonalds. Those kinds of businesses often have much higher costs associated with them, such as a store lease or mortgage, equipment leases, payroll, etc. It isnt uncommon for a traditional business to have to operate for months or years before making a profit. In contrast -- though networking marketing is NOT designed necessarily to make you a very large amount of money overnight -- you can and should be able to generate an ever increasing residual income for yourself over time, and starting in relatively short order. Everyone approaches a new home business differently. Some people prefer to roll their sleeves up and dig right in, expecting to start making money almost immediately. While others prefer to first spend time learning more about their new business, and/or obtaining any available training. So its acceptable, if you choose, to take a few weeks or even a month to prepare for your new business. However, especially if it is your goal to start making money right away, it is entirely realistic with most networking businesses to start earning viable amounts of money within as little as 30 days. Certainly within 90 days you will want to start seeing some kind of payoff in return for your efforts. And no more than 6 months should go by without positively starting to see income coming in. In fact, ideally, you should try whenever possible to not only earn enough money to cover your original startup costs, but you absolutely should be making a profit (in other words, extra money) within this time. If after 30 to 90 days, 6 months maximum, you are not making a profit, you should seriously reevaluate! To summarize: 1) Always remember to track ALL of your directly related business expenses, including how much you spend on leads, products and services, meetings, trips and conventions, training, etc. You must add these expenses to your original startup costs. 2) Subtract how much money youve earned from the number above (your total expenses) and this will tell you how much money youve made (profit), or how much money youve lost and/or are losing. 3) To repeat: If after 30 to 90 days, 6 months maximum, you are not making a profit, you should seriously reevaluate! Dont continue down the same path if you are only spending more money than you are making, and not making any profit in return. Remember, except for a not for profit endeavor, the purpose of being in business is to make money. And in order to make money you have to actually make more money than you spend.

Stay At Home Jobs Work In Your Pajamas

Stay At Home Jobs  Work In Your Pajamas

In the interest of practicing with I preach, I want to tell you a little bit about myself. My name is Galadriel. Im a Taurus, I never passed calculus and Im scared because my moms dad was totally bald. Now thats some true stuff. However, if I didnt want to be frank, I think that Id talk about all the people out there that arent frank and then reiterate that that fact should placate you to believe menot all those other lying scumbags. Haha, thats ridiculous, isnt it? Only a real lunatic would try that nonsense.Thats what I was thinking when I read about this guy who wants to sponsor you in getting your best work from home job you could ever get. His name is Todd and his last name seems laughably fictional. He wants to be your mentor. But, he gets frank with you and lets you know that he knows that there are some shady folk out there. But luckily enough, hes not one of them. How do you know? Because Todd just told you so. Talk about luck, youve just found the only honest guy online AND hes willing to get you the best work from home job ever. Which Im thinking should be relatively comparable to the best job ever, in general, as he really puts non-at home jobs through the ringer.But, the point is that I think that there are some decent jobs out there online. I dont know how easy it is to find the best work from home job, but I feel that I wouldnt find it from a guy that promises it as his mission statement. So, do your research, get second opinions, check with the Better Business Bureau and laugh at Todd or pity him, just dont do business with him.

Finding A Profitable Home Business!!!

Finding A Profitable Home Business!!!

Oftentimes, the promises of some companies are thick with lies and inaccuracies. At other times, disappointment comes when individuals fail in some way to really look into it.There are different ways to go about finding a profitable home business. With some businesses, you may choose to be entirely independent, or, you may work as a subcontractor for a larger brand-name company. Here, the first choice will be what is looked at. This article will tell you how to go about finding a profitable home business for yourself. Do Your Research With Open EyesThere are a lot of programs being offered to people who want to work at home - that are simply not true. It usually is the same ones that promise that you will make a lot of money within a rather short time. In selecting your business, be discerning, because this will be seen often - but this is not reality. It is not a good idea to join some program without doing more research. Decide whether or not the promises are real, by looking at support from other groups and individuals.Research the Opportunity WellThere are many ways to go about finding a profitable home business. The list of such opportunities probably has no end, but each of them should be examined carefully to see if all is what it seems. Extra care should be given if you are looking into an opportunity that a web company is offering. Learn all you can about the company from different sources including the Better Business Bureau. Many scams abound on the internet - simply because they are rather easy to start up, operate, and disappear when convenient. Especially be wary if there are large start up fees. It would be a good idea to read some of the scam reports, too.Many Profitable Home Businesses Are AvailableThe list here is growing rapidly as people get more inventive. Just about anything can be done from home, all you need is either a service or a product (s), that is in demand. The possibilities, range from pet-grooming, to catering, to writing resumes, or being an accountant, and many more. Who knows, after you look around, and spend the necessary time finding a profitable home business, you might be the first in your chosen business field.

Buying and selling Rare books via the internet.

Buying and selling Rare books via the internet.

Buying and selling Rare books via the internet.The Internet is made up of thousands of tiny niche markets. Each of these niche's have specific ways of communicating with each other.One of the most dynamic markets on the Internet right now is for books and music.To say that there are dynamic changes taking place in the rare and collectible book market is an understatement.At one time the market for rare and collectible books consisted of a few hundred well known and highly respected rare book dealers and collectors who slowly and laboriously collected books in their specialty. It wasnt too long ago that collectors wanted depth- collecting every book and piece of ephemera by a particular author or within a particular genre. A collector searching for a particular book gathered dealers catalogs, visited shops in remote corners of the world hoping to come across the book they wanted.Collecting was a gentlemans game. Dealers carefully cultivated their customers over years, helping them select books that added depth to their collections. Dealers relied on word-of-mouth and reputation to build their business. Dealers, for the most part, specialized. Book collecting was more than a hobby, it was an obsession to some.The Internet has added liquidity to the rare and collectible book market. And liquidity is very important for any market. All it means is that, when youre ready to sell there is a buyer, ready willing and able to buy your offering. The Internet has also added the element of transactional speed. People are buying and selling books at a rate of speed that seems incredible by standards just a few years ago. Thousands of books are being traded daily.Why deal in books rather than other collectible items such as figurines or art or pottery?Books have a special place in the history of the human race. They record the history, thoughts, feelings, views, philosophy, theology and dreams and imaginings of men and women who lived before us and who live with us.Books have shaped the way we think, live our lives and have formed the backbone of governments and world religions.The fact that books have a special place in our lives make them, I think, more than 'collectible items'. They are an investment in the past and the future of the entire human race. Man has separated himself from animals in his ability to reason, to think and to record those thoughts in books for each generation to read.I was as astounded, as you might be, to learn that used and out-of-print books are valuable and some are even super-valuable.Take for example a first printing of "Alice's Adventures In Wonderland" - today worth about $725,000. Why should a simple child's book be worth so much money? Because it's "collectible"? Because it's old? Because it's a children's book? The answer is simple. And it took me sometime to accept the simplicity of it, but here it is: "Certain books are valuable because someone wants it and is willing and able to pay the price to own it".Collectors come in all shapes, sizes and interests and they are all over the world. Demand is huge and youll be surprised at the rate at which used books will sell. That doesnt mean there arent slow times but books move very fast into the hands that want them.Richard Fenn - old-rare-books.blogspot.com

Working at Home-How Do You See It?

"The trouble with most people is that they think with their hopes or fears or wishes rather than with their minds."Lady Nancy AstorFear of the unknown and doubting ones ability to achieve success have stopped many good people from achieving their goals.If we could see the future, we all would be rich. Our lives would be almost mistake free and we would have very few problems. But, alas, we can't see what will happen down the road. It's this fear of the unknown that has held many people back in many areas of their lives, especially in the area of starting their own business, particularly a work at home business. I realize there are many scams out there but there are also many legitimate ones that you can make money with and the negative mindset has stopped many people from even trying. Many people see themselves as failing before they even start. They see themselves as not having the time, money, or know-how to make their own business work. They see what they "think" should or will happen. They are also influenced by others who tell them they can't do it. The basis of what they see is a mindset - one that says,"Others can succeed in this but I can't." So you see, people don't start their own "work at home" businesses not because they don't have the time, money, or know-how. They don't start because they have a negative mindset. They simply believe that it won't work for them. They feel they are cursed to failure, cursed to live week to week, cursed to always work for somebody else, cursed to working 40 or more hours a week, for 40 years, and hope they will have enough money to survive, much less do anything else."You can learn anything you need to learn to achieve any goal you can set for yourself; there are no limits." Brian TracySo, how do you change this mindset? Well, it isn't easy. All of our lives, we have been told that, "You can't do that" by friends and family. We have been programmed to think negatively. Reprogram your mind by flushing out the negative thoughts and replacing them with positive ones. I am not talking about some magical or mystical formula here. Although volumes of books have been written on the subject, here a couple of simple tips. First, try to surround yourself with positive people and avoid, as best as you can, the negative folks. Begin to read books written by motivational speakers such as Napoleon Hill, Jim Rohn, Dale Carnegie, and others that deal with thinking the right way and sit in on seminars and teleconferences that deal with changing the way you think. There are even work at home opportunities whose sole basis is showing people how to be successful by changing the way they think. It won't happen overnight but eventually you start to see yourself thinking in a different light. The "I can't" will become "I can." You will stop doubting yourself. You will begin to see that you can do it. You will step out and do things you thought you would never do. In closing, let me share a quote with you from Napoleon Hill:"Whatever the mind of man can conceive and believe, it can achieve." Think about it!

Join, Train and Work At Home Today!

With the huge demand for Work At Home companies, it is very important to find the right type of program to meet your work at home profile. This is a term I have developed over the past couple of years. I have noticed in people who frequent my site that success is determined in large part by matching up a persons "work at home" profile with the correct work at home opportunity. What is a work at home profile?Your work at home profile, in my opinion, consists of at least the following questions: * How many hours a week can you put into a work at home job?
* What are your realistic income goals and expectations?
* What are your skill sets?
* What types of work are you willing and comfortable doing at home?
* Do you want a Work At Home job, or a Home Based Business?
* Do you have the patience to do the task required?The reason I ask whether you want a Work At Home Job or Home Based Business is because it will take longer to generate income while starting most Home Based Businesses. You will make more money in the end, but it can take longer to start seeing some cash. Although I have to admit some of the home based businesses like Online Dollar Stores and Online Jewelry Stores to mention a few have you up and running in no time. If you simply want to make some extra money then a work at home opportunity is probably best for you.Now that you understand what I mean by your work at home profile you will need to consider the research required. This cannot and should not be avoided. Why? Because if you simply join the first program that offers the most income the following will more than likely happen to you: * You may not feel comfortable doing the task required.
* You may not have the skill sets to perform the work required.
* You may be scammed thereby losing your money and wasting your time.
* You will more than likely quit feeling discouraged, scammed and lose confidence that you can make money working at home.My suggestion is to use a website like mine, but not necessarily mine, that has done some research or be prepared to do the research yourself. It must be done.Now days more companies are offering multiple types of work at home programs and the step-by-step guidance to ensure your success. Think about it. If you can find a company that offers a multitude of work from home jobs and the training required than it becomes much easier to match you "work from home" profile with the companies offered. One stop shopping. It's great!I am glad to see these types of companies evolving, because I believe it will ensure more people have success working from the comfort of their home.So what do you need to do next? Well, you need to do your research, narrow down your choices to 2 - 3 programs that match your work from home profile, join, train and start making money. Please feel free to read both this article or one of my many others by visiting my link in the resource box below. I always enjoy getting emails pertaining to my articles or my site. Your feedback is important to me.Give yourself a chance to succeed.

Summary

This article is touching on the how long you can expect to see any profits when you are starting your own home business. It will give you some ideas on how long you will expect to wait.