Before you just go out and start an online business, I want to share with you some crucial mistakes and lessons I learned over the years, when I was searching for advice on how to start a home-based business online.
Starting a home-based business online is not hard, but you need to make sure you put all the pieces of the puzzle together to make it run effectively.
Let’s get right into it.
The most important part of starting a home-based business.
Can you guess what that may be?
What I personally believe is the most important part of any type of business online or off is the product or service you will be offering the public.
To make money in business, you need to have a product or service you can offer and sell the public.
But not just any random product or service you think you can sell to make money But you need to be willing to stand behind your product or service 100%.
Not everyone you are going to offer your product or service to is going to buy it.
When you truly believe in, what you are selling and you get some no’s and rejections it will be easier to just shake it off and move on.
I’m not saying you need to be as passionate as Kenny Brooks in this video…
It is very critical to be a true believer in your product or service.
If you don’t have a product or service in mind, I recommend thinking of a problem you have in your life and then go out and do some research.
What it all boils down to is, offering people a solution to their problem.
When you are able to fix a problem you have in your life, it will be so much easier to offer the product or service to people who have the same type of problem.
That will transition us into the next very important part of starting a business.
How to promote and advertise your business.
Just like I said before the product or service you are going to be selling is a solution to a problem people have.
After you do your research and find a product or service you are passionate about, the next step is to offer it to people who are wanting to solve their problem.
The main reason most business fail in business is because they don’t know, how to effectively reach their target audience and successful sell their product.
I learned an acronym that will really help you understand and figure out who you want to market and advertise too.
The word is OPEN and it goes like this.
The O stands for oblivious.
Oblivious means that people have NO interest whatsoever and will be the hardest person to sell to.
Let me give you an example…
Let’s say a vacuum cleaner sales person comes to you house while you are in the middle of dinner. But two weeks ago you just purchased the best vacuum cleaner on the market and are very happy with it. Since you have no desire to own two vacuums the vacuum cleaner sales person is just an annoying pest.
The next letter is P and that stands for pondering.
This would be the person that has been thinking they might need a new vacuum cleaner. Their carpets are dirty and their current vacuum was a hand me down from their parents and they have been searching online about vacuum cleaners and thinking about buying a new one.
They will be a little more open to have a conversation about the vacuum but not committed to buy one.
The next letter is E which stands for Engaged.
These people are actively searching. They go out to the store looking for a new vacuum but haven’t purchased one yet. When the salesman shows up offering a vacuum it is a lot more likely they will buy one.
The next letter is N which stands for Need.
Let’s just say they are having a party at their home tomorrow and their vacuum is broken and have cleaned their floors in over two weeks and are desperately looking for a new vacuum.
Those are the stages people are in when you are offering your product or service.
Don’t you think it will be so much easier to sell your product or service to people who are in need of what you have to offer?
It just makes sense to do your research before you go out and just offer your product or service to anyone.
There is no magical secret formula to selling.
You just need to learn and focus on selling to the people who are most likely to buy what you are selling.
It does take time to learn and master how to get your product or service in front of the right people at the right time. But when you learn these skills your will have a very profitable business with happy customers.
In the beginning you will have to invest money into marketing and advertising your business to get customers and make sales to get your business started and off the ground.
The next important thing you need to know is…
How much are you want to make per sale?
The reason I made this last is because if you are just starting a home-based business to make money, I am sorry to say that you aren’t going to make any.
It’s just the way it is..
Let take a waiter or waitress at a restaurant for an example.
If they want to get a big tip, they have to provide great service.
When they provide top-notch service and you have a great experience, your food come out the way you ordered it and it tastes delicious you will leave a good tip.
If you don’t get good service or your order comes out wrong, cold or have to flag them down when you want something, are you going to leave them a good tip?
So if you just focus on the outcome and the end result you are going to be slacking on the other areas.
You also want to make sure that the money you make when you make a sale is going to be worth your time and hard work.
I learned that the hard way too.
The last company I promoted only paid out like 12% of the sale.
Just to put this in perspective for you, I sold over $100,000 worth of products to make about $12,000.
It was NOT worth my time or energy. I could have made more money at a regular job earning $10 per hour.
These are the hardest lesson I had to learn when I started my own home-based business online.
Now let me share with you, what I am doing now and how I am doing it to make a full-time income from the comfort of my home or relaxing on the beach.
The modernized home-based online business.
The first thing I did was search out and find a product that just about everyone wants and needs in their life.
Then I found a team that has a proven system that is 90% automated. All I have to do is focus on getting target people to the proven system that does all the selling and explaining for me.
All I have to do is focus on getting target people to the proven system that does all the selling and explaining for me.
Lastly, I wanted to make sure the company and product paid out good commissions.
My dream has come true… We have partnered with a company that has been in business for over 41 years and has a patented compensation plan that pays out lifetime commissions once you hit a certain rank.
I was all in.
The best part is they have incredible training and resources that teach and show the new person with no business skills or experience come in, follow the training and get results in faster than I have ever imagined.
There is no bugging your friends and family, no lotions, potions or magic pills to stock, package or ship and absolutely no 3-way calls.
We just took the home-based online industry to a whole new level and we would love to share it all with you.
I am not here to sell you or persuade you to buy anything.
I just want to invite you to come check out our live webinar that will go over everything in full detail, on our next live webinar.
All you have to do is simply enter your best email address in below and I will personally send you a link to attend the free live webinar and meet our team and see exactly what we have going on behind the scenes.
Just come by and watch our live free webinar and we will explain everything for you.
There is also a live chat feed you can get all your questions answered and see what other people are saying about our team and system.
You will also come away with more knowledge and learn a lot more about home-based business.
I really look forward to seeing you there.
Make sure you register for free today because the last webinars we had were filled to max capacity and we had to turn people away.
Make this year, the best year of your life!
Looking forward to hearing from you in the comment section below.
There has NEVER been a better time to start a home-based online business than today.
Also, make sure you connect with me on social media and bookmark Modernized-Lifestyle. We are doing BIG things and would love to have you on our team.
Thanks for stopping by.
I really appreciate you,
P.S. The awesome part about having a home-based internet business is you can work from where ever you want as long as you have an internet connection.
My favorite place is from the beach!
What would your be?