|
Starting
a Home Business? Start with what you
know.
by Bob Cortez
The most frequently asked question I receive as
an Internet home business consultant usually goes
something like this; "I would really like to start
my own home business on the Internet, but I don't
know what." The short answer is - Start with what
you know and enjoy.
There are a number of good reasons for this:
By drawing on existing knowledge, you can
concentrate on building a business rather than
learning about a new trade, product, or
service.
Starting and running a home business means long
hours and sacrifice. It is easier to do when you
are doing something you enjoy.
Selling what you know and enjoy is less
difficult for non-salespeople. Selling what you
know and enjoy is less difficult for
non-salespeople.
The Internet offers unique opportunities for the
home business netrepreneur. It creates the ability
to reach a much larger potential market for your
product, service, or information at a much lower
price than through conventional advertising
mediums.
The Internet and World Wide Web are still in
their infancy. Right now, you can get everything
you need to put your business online - free. It is
like someone offering you a store (web hosting),
full time staff (web pages, auto responders) and
advertising (lots of advertising) for free. All you
have to do is come up with an idea for a product or
service to put in the store.
One of my favorite examples is my mother's home
business. She builds very creative and unique
birdhouses. She uses scrap lumber from a local
sawmill (free) and driftwood from the local beach
(free), to keep her material costs low. Another
local artist provides the miniature sculptures for
a percentage of the sales. She started by building
and selling these for the local tourist trade in
Homer Alaska, and was doing ok. But when we put
them on the Internet
(http://www.ptialaska.net/~cortez/) sales really
began to soar. Not everyone that would be
interested in the birdhouses can afford to visit
Homer, and we certainly couldn't afford to
advertise to the world in any other way. We were
able to reach this larger market by using free web
hosting, design, and promotion services. Once we
developed a flow of traffic, we were able to create
additional income streams by selling other peoples
products as well. (I'll discuss this further later
in this article)
This business model can work for just about any
product that can be shipped. What unique item can
you build using local materials? Do you have a
craft or gift idea that is unique? How about a kit
or plans for something you have built?
Information is another type of product. What do
you know or know how to do that would be of
interest or value to others? You can either sell
that information as a report, or a tip booklet. Or
you can give the information away at your store and
sell other peoples related products for a
commission. The advantage here is that once you put
your information in the store it is done. You don't
have to keep building it and shipping it. If your
not comfortable with writing your own material you
can use a ghostwriter
(http://www.home-work.net).
Another home business opportunity that is unique
to the Internet is based on common interests. What
do you have a special interest in that others may
share? Music, books, computers, cars, gardening,
collectibles, etc
? The idea in this business
model is to create a site with information and
resources available online of interest to others.
Then you select products to sell of interest to
people that would be visiting your site. For
instance, if you had an avid interest in a
particular type of music. You could develop a site
that was a resource for others with that same
interest. The site could include links to artists
sites, reviews of the latest releases, concert tour
information, photos, sound clips, interview
excerpts, a chat room, or discussion board. You
become an "associate" of one of the CD distributors
online and receive a commission on CD's that are
sold. The distributor does the entire order
fulfillment. The number and variety of companies
that have an associate program online is growing
daily. They cover all kinds of products and
services from gifts to computers or web hosting to
credit cards.
Start with what you know, apply some
imagination, and open your low cost home business
online. The market is growing everyday - world
wide.
Brought to you by: World Wide
Information Outlet - http://certificate.net/wwio/,
your source of FREEWare Content
online.
Bob Cortez has 20 years of sales
and marketing experience. Through Total Quality
Marketing he is providing consulting services to
home based entrepreneurs looking to expand their
business online and take advantage of the
tremendous opportunities available.
Total Quality Marketing, PO Box
338, Homer Alaska 99603
Because
The Radical Academy publishes essays and articles
on its website does not imply acceptance or
approval of the comments or opinions expressed by
the author of the material. Nor is the Academy
responsible for any misrepresentation of the facts
included. It is your job to be a critical
reader.
Enrich
Your Life With A Business Or Finance
Book
Enrich
Your Life With A Business Or Finance
Magazine
|