Monday, December 15, 2008

Help, I Need To Supplement My Monthly Income...Sound Familiar?

By Steve Jankowski

With the stock market looking increasingly like a risky proposition and with continued employment seaming less sure than ever for most people, many are looking for ways to make more money. There is always the option of getting a second job, but if that will keep you away from your family.

Building a home based business is, for many, a great way to increase your monthly income. Many people have jumped into the home based business movement, but your success in a home business is not assured unless you really commit to it.

Many people will join a MLM company or some other online business and then work it for a little while and expect their bank account to grow instantly. When the money doesn't flood in, they begin to think that they have been scammed out of their tiny investment and will quit. The truth is that most people fail when they don't put forth the time investment to succeed. They become impatient and don't stick with their new endeavor.

To succeed at a home business you have to first be determined to succeed. Do not quit. Determine that your home business will become your primary source of income eventually and work towards that goal. When people reject your product or opportunity, you must realize that any business is a number's game. You will be rejected many more times than you will succeed, but you must realize that for every "no" that you hear, you are one "no" closer to a "yes".

Make sure that your new business is something that you can be excited about. It should also be something that you know other people will be interested in. If you are looking at a network marketing company or an online biz op, you should check out the company and its management well to make sure it is financed properly and can handle the growth that you and others will soon be sending them.

It is also essential is that you have the proper tools and training to help you build a business from home in a reasonable amount of time. Since, as discussed earlier, almost any type of home or online business becomes a number's game, you need to make sure that you will have the resources and assistance to market your home business effectively.

In my experience, almost any home business can be marketed effectively if you have the proper tools and marketing plan. If you have access to training webinars/videos and good marketing materials, then all you need to do is learn how to get your product in front of more people. Once you realize that you get 1 "yes" for every 20 "no's", or whatever your ratio becomes, then all you need to do is multiply your efforts to get more "yes" responses.

Your initial success will result in supplementing your income but eventually you will have a truly successful home business. If you stick with it, you may even be able to make five or six figures in a month. With the right product and the correct effort, those income numbers are totally possible. I made over $10,000 my fifth week marketing online. If I can do it, you probably can also. When I first got started marketing from home, I spent about 12 hours per day working and learning how to market my new business. I realize that most people cannot work that hard, but if you can commit an hour or two per day, consistently, you will eventually be able to build a profitable business that will do more than just supplement your income. - 16069

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