Wednesday, 11 February 2015

7 Tips to Help Create Your Residual Income From Home

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

Article Source: http://EzineArticles.com/8915831

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