How My Internet Business Profited Even With the Declining Economy

Are you considering starting a work from home based business? You are not alone, it appears more people are looking at starting an Internet business, to combat today’s economy. With the gas prices skyrocketing, and the real estate decline, many people are looking for a legitimate Internet Business to handle the increase of the cost of living. Where entrepreneurs were once turning to the Internet as a way to generate an additional income, it appears that it is becoming more of a necessity to make money online.

It is predicted that by Fall of 2008 gas prices could exceed to over 7.00 a gallon. Making the commute to and from work difficult. Where we once took for granted getting in the car, many Americans are seeking alternatives. The gas prices alone contribute to a staggering 73.2% of new work from home based business starting. Real Estate Agents are looking into legitimate home based business to counteract the real estate decline. Just putting kids through college is becoming a serious concern for parents. Which may result in parents with college aged children being the more prominent age group to looking into new revenue stream with an Internet Business..

Where as our offline business appear to be taking a decline with the economy, the online business community is seeing a remarkable increase. Whatever your reasons for starting an internet business, it is increasingly important to make sure that you join the right opportunity. Making the right business decisions forth at the beginning can set your work from home business up to make money online long into the future.

Here is A Plan of Action For Starting An Internet Business That Will Profit.

1.) How Much Do You Need To Make – How much money are you looking to make per week, and per month. The commission rate will have a direct impact as to what work from home based business you choose to partner with. If you are looking to make money online, with a fast turn around then you may consider with the higher end commission base business. It becomes important to evaluate the earning potential within each opportunity.

2.) How Soon do I Need to Make Money – Are you looking to make money this month? Or are you looking for a more long term income? A large percentage of Entrepreneurs will turn to Internet Business to make money quickly, while some want to have a residual income that they can build slowly but will secure them for retirement. There are many work from home based business that are designed to handle both quick income, and long term income be clear as to what is the most important for your situation.

3.) What do I need to Know About an Internet Business – When starting an Internet Business you need to understand that you will have to learn how to effectively build your work from home business opportunity to profit. You will need to learn how to Market, and consistently build a client base. Getting the proper mentoring and training is suggested to increase your income in a more timely manner. Making sure that you are connecting and being trained by experts in the Internet Business field, and at the same time making sure they have a solid mentoring plan already in place that you can follow.

4.) How Much Time Can I Devote – You make be looking to start a work from home business opportunity, but many times people have a regular job to maintain until they can make money online. It is suggested to set a realistic time frame that you can devote to your online business, and be consistent to that plan. In order to organize it in a way that your Internet Business can profit talk to your mentor or mentoring team. How can they assist you, and how much time will you need to start profiting quickly? Once you have that time frame stick to it, and ask your mentoring or support team to provide you with a clear and concise task for you to do, so that if your time is limited, your time devoted will be put forth to making money online, and not toward figuring out what you need to do to accomplish that.

5.) Products And Services That Sell – As important as it is to find a Internet Business with products and services you would be interested in. It is equally important to find out what products are selling on the Internet. If you have a large product base that appeals to a large amount of the consumers it is not going to narrow your marketing efforts it is only going to enhance t.

6.) Advertising – Most of the time you are going to be presented with a website, either from the Internet Business you choose or from the mentoring team you may have partnered with. No matter how professionally designed, and appealing your website may be it is not going to help you to make money online unless you get buyers to see it. Marketing your work from home based business, is becoming easier then past. More mentoring teams are stepping up and showing new entrepreneurs how to utilize free online marketing solutions to profit. Set an advertising budget and talk to your mentoring team about what other marketing solutions are available that you can do for free. Having an advertising or marketing plan established upon starting an Internet Business will assist you in profiting sooner rather then later.

7.) Legitimacy – There are many legitimate work from home based business. It is more difficult for an Internet Business to circulate on the Internet that is not legitimate. However, it is equally important that you can feel confident in saying to clients that My Internet Business is a solid opportunity with solid products and services. Do your research on any work from home based business before starting it. In addition it is sometimes more important to make sure you are partnering with the right mentoring team. As they will be the ones training and you on how to make money online. If you feel confident about your opportunity, and your mentoring then it will be much easier to build your Internet Business successfully.

8.) Goal Setting – Many times people are leaving there corporate jobs and turning to online opportunities. Owning a work from home based business is different then going to a nine to five job. The benefits of starting your venture ranges from more time with family, tax benefits, to an increase in income. Whatever your reasons your mind frame and goals will have direct impact on your success. It is suggested by mentoring teams, to keep reevaluating your goals. If you reach an income goal, celebrate your success. Then set a new goal in place. This allows your Internet Business to continue to increase and allows you to create long term goals that will have your profiting long into the future.

9.) Pros and Cons – Whenever you start any new venture in life you should make a list of Pros and Cons. While work from home based business have a lot of Pros, their maybe some cons that you have to be aware of. Making a list at beginning and understanding what some cons maybe and how to combat them. Each persons life style and needs are different. Be realistic about what the benefits and the disadvantages maybe will allow you to create a plan of action so the disadvantages doesn’t stop your Internet Business from profiting.

10.) Life Change – People are turning to Internet Business to change their life for the better. Being clear with your family about why you are starting this new venture and explaining that it maybe a change in the whole family atmosphere can assist you as you make this transition. When your loved ones support, and understand the reasons for your new venture it will make the changes easier to adjust to.

Work from home business opportunities are becoming a more viable solution to combating the shift in the economy. More Online Business and Mentoring teams are catering to the average person, giving them a solid avenue to make money online. The increase in people starting an Internet Business is creating a solid market, that does not look like it is going to decrease. Where as starting a offline business venture with today’s declining economy is considered high risk, online business are becoming a more secure choice, due to the increase of consumers turning to the Internet. It is expected that even if the economy returns to a more stable time, Internet Business will remain solid as the business community recognizes as a solid and legitimate alternative to make money online.

The Seven Steps to Creating an Inspired Business Plan

Business planning is an extremely enjoyable, ongoing process for me — now. But I remember when it was a struggle, a “should”, something I felt I “had” to do as a business owner, but that didn’t give me much joy. I had spent years creating successful plans as a fund raising professional (quite easily, I might add), but for some reason, I felt a great deal of resistance within me when it came to creating a plan for my own business. That resistance ended up being complex and required a lot of clearing.

Part of my resistance to business planning was because I really loved working with the spiritual laws, and I didn’t want to get caught up in some of the “negative” energies around business and money I witnessed in the material realm. And, of course, I associated business planning with these energies!

But, gradually, my polarized way of thinking changed. Reading this sentence in Sanaya Roman and Duane Packer’s book, Creating Money, assisted that transformation: “It will take less of your energy to attract, save and create more money if you are in harmony with both the spiritual and man-made laws of money.” And, if you’re a business owner, one of the man-made laws of money is business planning. So I set out to develop a business planning model for myself that harmonized the physical and metaphysical laws of commerce.

A Manifestation Tool

Many wonderful dreams and business ideas never materialize because they have not been clearly envisaged and grounded. A written business plan enables you to get very clear about your vision for your business, to ground this vision in the physical world and to align/focus your energy as you act on your plan. It’s a fabulous manifestation tool!

Inspired business planning integrates both the spiritual and man-made laws of business development together. Specifically, it:

- connects you to the higher purpose of your business;

- helps you clarify what you desire for your business;

- supports you in clearing any resistance to having what you desire for your business;

- anchors you in a consciousness of faith and love;

- gives you a space in which to receive guidance from your highest levels;

- translates that guidance into the action steps of your plan, as you discern what business-building strategies to use and structures to put in place that will allow you to receive what you’re desiring; and

- quantifies the financial aspects of your business.

The Seven Steps to Inspired Business Planning

Inspired business planning is a continuous process that will help you develop your business naturally, utilizing both your intuitive and intellectual capacities in an integrative way. As you go through this process, you’ll notice that you feel more balanced and aligned, that the steps to build your business become clearer and you’re more trusting and relaxed about the results. You’ll experience much growth and expansion.

Inspired business planning is a seven-step process:

1) Determine the higher purpose of your business.

From a spiritual perspective, what function is your business meant to serve? What’s your role in the evolution of humanity and our planet, and how will your business allow you to fulfil this purpose?

2) Create key intentions for building your business.

Like clarifying the higher purpose of your business, intentions are part of the “visioning” aspect of your plan. They are the broader goals you establish that will help you fulfil your purpose. What are your intentions?

3) Identify specific objectives and targets you desire related to each intention.

Also part of visioning is defining objectives and specific targets you aim to achieve for each intention. Objectives are more narrowly-defined goals; targets can be both the quantifiable or unquantifiable results you desire. What are your objectives and targets?

4) Tap into your guidance system to determine the action steps associated with each intention and corresponding objective(s) and target(s).

Spending time quieting your mind through meditation or other techniques and thinking/receiving ideas from your highest levels will lead you to the action steps of your plan. What action steps are you guided to take?

5) Clarify your financial inflow and outflow.

How much will it cost you to operate your business, create your offerings and get them out to the world? What level of revenue are you open to receiving on a monthly and/or yearly basis? How will you price your offerings to match that revenue level?

6) Clear resistance that may come up as you create and implement your plan.

Resistance is a belief, thought and accompanying feeling that disallows your natural state of well-being. The intention of building a prosperous, fulfilling business can bring up any number of fearful, resistant thoughts and feelings. These can prevent you from creating a business plan in the first place or from taking the actions your plan describes. What resistant beliefs, thoughts and feelings do you have about creating and implementing your business plan? How can you release this resistance?

7) Operate from love and faith by using prayer, visualizations and affirmations.

When you operate from love and faith, your actions are more joyful and inspired and you more easily attract clients and customers. Prayer, visualizations and affirmations are powerful tools that will anchor you in a state of love, trust and surrender. What prayers, visualizations and affirmations will support you as you build your business?

The real gifts of inspired business planning are in the process of creating the plan and implementing it, without being rigidly attached to the plan or its outcomes. So it’s helpful to remain flexible and allow your plan to change and evolve as you gain more knowledge, guidance, perspective and clarity. Keeping your inner focus on higher essence states such as joy, generosity and gratitude is also important. As Sanaya Roman and Duane Packer say in Creating Money, “the process of getting there is the quality of being there.”

Copyright 2008 Mary C. Davis

Can You Follow These 5 Steps to Start a Home Business?

Starting a business from home is easy nowadays. You can do it, too. But most people don’t know how to start their business. That is why in this article I will discuss 5 easy steps to take to start a profitable business from home now.

1- Find Your Home Business Niche

This first step is very important. If you don’t pick up right idea (niche) for your business, then it can make problems for you on the next steps of you business. Think about a minute: What can you offer to people? Think about your talents, skills and knowledge as a core to start your home based business. Find out the trends in the market, read magazines, learn what people buy, where they spend there money. Also choose a niche which can be interesting for you, so you could have fun while running a business. After choosing an idea and researching the market it is time to plan and build your business.

2- Plan Your Business

Planning will depend on your business goals. How much money do you want to make with your home based business? What is your monthly income goal? How much money are you ready to invest to reach your goals?

Now it is time to make planning. You should make daily, weekly and monthly plans. Your business plan can include: making your own product, program or service, the money you are ready to invest into the business, marketing and so on.

Planning will help you to stay organized. It becomes easy to build a business after having a good plan.

3- Build Your Home Business

Now you must create something to offer to people. Think about which products or services you will offer to your prospects, how you will solve shipping and payment issues and other technical things, start building your site about your business and so on.

You created your product, program and service. It is time to market it to your eager prospects.

4- Use Marketing Techniques To Reach Your Goals

Marketing is the most important part of your business. You can own the most beautiful products, services or programs in the world, but if nobody knows about your offers you will NOT make any money from them.

Use both free and paid marketing methods (depending on you business goals) to tell the world about your products. Do it persistently and believe me you will see the results soon.

5- Use The Internet To Run Your Business

Using Internet is the essential part of any businesses today. With internet marketing you can reach millions of potential customers from your comfort home. If you run your home based business on the Internet, it will become easy to succeed with your business and enjoy it at the same time.