Friday, February 17, 2006

Work at Home - Stay at Home


Working at home has been a dream of many that goes back many
years. Staying at home and enjoying watching the kids grow up is
a goal worth fighting for.

Let's take a look into making a living or part time living from
the comfort of your home. You owe it to yourself to gain the
freedom a home business can offer.

In the past, there have been multi-level marketing plans to sell
everything from vitamins to soap. There have been mail order
catalog opportunities. Many tried buying and selling real
estate. Each of these opportunities made many people a lot of
money, but each of them also cost many people a lot of money.

More people have spent money than have made money in every
business venture. The problem is many inexperienced people get
into moneymaking schemes after attending a meeting somewhere.
The offer may be legitimate, but most people fail in business.

According to the US Small Business Administration, over 50% of
small businesses fail in the first year and 95% fail with the
first five years. That is a scary statistic.

This means that the average business is doomed to fail from the
beginning. It also means that you will lose a lot of money if you
start a business. WOW! No wonder you are leery about putting up
your hard-earned cash for what is statically a crapshoot, a roll
of the dice.

So, what is the answer for the average person who does not want
to lose their savings and even their home investing in a
business? Start building a "digital business" online. Create a
website that generates its income without you needing to invest
in inventory or even lease a building to house your business.
Then create two or ten more websites generating income for you.

You may not know how to create a website today. It is an easily
learned skill. There is software you can buy or download free
that will help you. There are tutorials on making a website
profitable. You can do this.

Once you have a website online you can put other people’s
advertising on your site and be paid when someone buys one of
their products. If this was my baby toys webpage and I mentioned
a great baby toy with a link to my advertiser’s toy page you
might go there and buy the toy. If you did, I would get a
commission.

You could also put ads on your pages that only require someone to
click on the ad for you to be paid. Again, if you were on my
baby toy page and an ad talks about a toy. You click on the ad to
go see it and I am paid for you clicking on the ad. The
advertiser feels their sales page is compelling enough for them
to sell enough of that toy to cover their cost of the clicks that
got you there.

Some advertisers do not require you to buy the product when you
click on an ad, but I will not be paid unless you fill out their
application. This is usually seen on sites like insurance sites
or loan application sites. You do not have to get a policy or
take out a loan for me to be paid. When you fill out the form, I
qualify for my commission for sending you to the advertiser.

These are typically the ways a beginning website entrepreneur
starts generating income on the Internet. Once you understand
that part of internet marketing, you may move on to selling your
own digital products.

A digital product is one that can be downloaded from your
website. You can sell your own ebook you wrote yourself or an
ebook you purchased and have the rights to sell online.

If you are a programmer, you can sell you own computer program
from your site. You could also sell someone else's program that
you purchased the rights to sell.

Notice that not all of the above ideas require you to invest in a
lot of inventory. Even the products are free if you create them
yourself. Not everything you are doing so far requires a large
investment of your hard earned money. It does require a large
investment of your time.

All of the material you need to create a website can be found
free online if you do not want to purchase some popular program.
Your only expense SHOULD be a domain of your own, such as
yourdomain.com. You can get free hosting from various places but
for moneymaking venture, this is not advised.

For a small investment, you too can be PRESIDENT OF YOUR OWN
COMPANY. Maybe the statistics are the same for success online as
they are in other businesses, but this is a chance to find out
without losing the farm doing it.

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