Creating a residual income from home is very intriguing. If you decide
to get involved in a home business to create a residual income, here
are 7 tips to get you jump started.
1. Make sure your decision is a firm one. You see, making a decision
vs making a firm decision contrast sharply. The reason I say this is
because there are thousands, if not millions, that wish to make more
money from home. Making the money is the easy part. Deciding to stick
it out to make the money is the hard part.
Why? Statistics show that over 95% of new home based businesses fail
within the first 90-120 days. Why is this failure rate so high? Great
question. In my opinion, the initial decision to get involved was not
a firm decision. That means you proceed forward no matter what. There
will be obstacles, challenges, setbacks, etc. along the way. But if
you have a firm 'no matter what' mindset, you are on your way.
2. Get the support of your loved ones. Running a home based business
is hard work. Just like any other business, you must have the support
of your spouse, partner, family, loved one, or the person that is
closest to you and your life. Without their support and the 'no matter
what' attitude from step 1 above, you will fall into the 95% that
quit, fail, or just move on to something easier.
3. Set aside a home work space. Setting up your home work environment
is crucial. It is important that your treat your work from home office
area as your typical 9 to 5 office. When you are in your work from
home office you are there to work. You are there to get things done.
You are there to further your business. Removing distractions can be
challenging when you work from home. Try to limit them as much as
possible.
4. Manage your time. It is very easy to become consumed with your
laptop or your PC when working from home. There is tons of information
and education for an online marketer or work from home expert to
process. Take it day by day and be sure to balance your time for
family, recreation, etc. When you are balanced you are fresh. Your
business should be considered a marathon and not a sprint.
5. Find a mentor. Having a mentor is very important when working from
home. Hopefully, your mentor is a residual income expert and very
successful. After all, to be the best you need to learn from the best.
A mentor is someone that can help you when you need it. A mentor is
someone you respect. A mentor is someone that has already accomplished
something you wish to accomplish. There are great mentors available
online today. Take the time a find yours.
6. Be professional. Regardless of your business, make sure you carry
yourself as a professional. What is a professional? Someone that
respects others, treats his home business like any other business, and
tries to help others along the way.
7. Automate your business as much as possible. Remember that you are
just one person. But, having the automated marketing tools that work
for you are vital. The proper marketing tools can replace some of the
human factor. And, if setup properly are easy to manage (unlike some
employees).
Taking into consideration these 7 tips can help you to reach your
residual income goal sooner when working from home.
Chris Doe Ford - So you have decided to get involved in a home
business, huh? It can be very rewarding. For more information on the
marketing tools needed to work from home please visit my website at
http://rchrisford.com
Article Source: http://EzineArticles.com/?expert=Chris_Doe_Ford
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