How to Make Money at Home
Step 1:
Avoid the two biggest, most expensive mistakes
The first most expensive, time-consuming mistake
you can make when exploring how to make money at home is:
#1: The Frantic Factor
- A sense of urgency based on emotional issues, which is
why so many rational, levelheaded people fall victim to work at
home scams. Our judgment is impaired.
-I just got laid off of
work.
-We can't afford daycare
but I need to help with the bills.
-Social Security or
Disability income just isn't enough.
-I desperately want to
stay home with my children.
-I hate my job.
-I'm commuting 50 miles
a day.
-I'm
deeply in debt. I've got to pay off my credit cards.
-Or, for a whole host of reasons ... I need money NOW!
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For 99.99999% of you, the internet or a work at
home opportunity you might find there is not going to solve your
immediate problem. I'm willing to bet that you'll end up
spending money on the internet that you don't really have
and wasting a whole bunch of time in the process. You'll still
have the same problem you started with! Ouch!
Instead, pursue how to make money at home "on the
side" as a more permanent, long-term solution. Treat it like a
business decision where you consider various options, weigh the
pros and cons, verify the facts ... not an emotional one where
you are drawn by hope or excitement.
Depending upon what type of opportunity you
choose and how committed you are, plan on 2 to 6 months
minimum to enjoy a profit. If you are one of the
exceptions who makes "$500 the first hour" or "$5,000 in six
days" or whatever the sales website says ... great! Fantastic!
But don't ever count on it no matter how
good the sales letter is, how many amazing testimonials there
are, or the proof of earnings that show a very few people making
big bucks out of hundreds of people just like
you.
I'm not saying it can't happen ... I'm saying it
probably won't happen as quickly as you'd like or at all if you
don't take the proper steps for success.
Here is the second most expensive, time-consuming
mistake when exploring how to make money at home:
#2: Sidetrack Trail
- You come across an opportunity that looks good and you
invest. For this example, let's say you've decided to set up an
affiliate Google AdWords campaign. In a nutshell,
what you do is become an affiliate of your chosen products,
create advertisements in order to promote the website(s) of
these products, and when someone clicks on your ad and purchases
the product, you get paid a
commission.
You don't need a website or your own products! |
This works, by the way. I purchased this very
product and I am making money. But you won't ... not if you get
sidetracked and work on the "free bonus website" that
comes with the training materials. Because then you'll have to
pay for hosting, learn how to set up the website, promote it,
and manage it. And that's a whole new
project!
And the whole point of this
affiliate Google AdWords campaign investment was to
make commissions on other people's products so that you don't
have to deal with having a website and your own products. Save
that bonus website for later consideration.
But wait ... you learn that you can become an
affiliate of this very program you are
still trying to make money with! They will give you your
very own "Review website" to help you promote it for great
commissions. So now you are sidetracked trying to figure
out how to get that set up. It shouldn't take long, after all.
Nearly everything's been provided. Never mind following
through on making money as the product
describes first ...
And you're tempted ...
sidetracked ... even further! As you search for the
best products to promote in your new
AdWords campaign, you come across some very interesting offers.
Gee, instead of promoting
an eBook opportunity
through your affiliate Google AdWords campaign - you
could
buy it and try it yourself! You could be making money
selling eBooks AND create an AdWords campaign!
Hmmm, maybe you should have your own website
after all ... even though one of the reasons
you bought the AdWords product originally was because you
wouldn't need a website ...
STOP!
What happened to your initial investment in an
affiliate AdWords campaign?
After two weeks, you've dropped another $100 in
products, you've got six different projects going on, you're
feeling the stress of making something happen as you
plunk away at the keyboard at 2 a.m. ... and you've got two
AdWords campaigns going that have made you a miserable $12.42.
And you think, "Well, obviously this affiliate
Google AdWords thing doesn't work. What a waste of money." You
drop it and move on.
Guess what? It does
work! You got
sidetracked!
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Another example, paid surveys, leads
to other offers of focus groups, mystery shopping, getting paid
to eat out and more. Soon, you are spending hours a day managing
all of your emails (you have to read them all so that you don't
miss an opportunity, you know!) and other
tasks that don't earn you a dime.
You've purchased a software program that helps
you complete your surveys faster and that "Special Report" about
how to answer in a way that qualifies you for the higher paying
surveys.
And you've been signing up with Mystery Shopping providers too.
You see, you'll get bombarded
with very tempting tangents to your goal ... before you even
really gain experience and know if this Survey idea is going to
work out for you!
Two months later, you get your first check in the
mail for $25.
You didn't focus on or follow through with the initial decision
of making money with surveys. You got sidetracked.
This is the last example, to
make sure I've driven my point home ...
Offline home businesses run into the same
complications. Let's say you are launching a secretarial
service. My eBook tells
you that all you need are business cards, an informational
flyer, and postcards to spread the word and gain new customers.
You are ready!
But, when you order
your business cards, Bob the local printer guy says, "Oops!
You forgot to list your
business website on your cards."
Surprised that Bob the printer
guy even noticed, you say "I don't have a website".
Bob frowns. "Oh. Well, these days every business
should have a website.
If you don't have internet presence, you won't be considered
legitimate or professional."
So, you run home and start working on a website,
which leads to getting a nifty
autoresponder system so you can follow-up on email
inquiries from your new site, which leads to the idea of
writing an e-newsletter for prospects you don't even have yet
because you didn't follow through with your initial plan for
business start-up!
Every time you get sidetracked,
it costs you money in one form or another and slows you down.
Make a commitment to your chosen investment.
As you run into other opportunities or interesting tangents
along the way, and you will, keep
notes and list website URLs so you can refer back to these gems
of information later.
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To really
succeed, you must stick to a plan and follow through.
Let's get into the good stuff now about what
you'd like to do to make money at home.
Go
from Make Money at Home to
Step 2
to look at matching your skills, interests, and financial goals
to the various opportunities out there.
