Fallacies Regarding Online Home Based Businesses

shabbir's Avatar, Join Date: Jul 2004
Go4Expert Founder
By Kirk Bannerman

In the course of my home business coaching activities, I have often found that people head into the startup of their online home based businesses with a wildly unrealistic mindset.

Many have been told that they can sign up for a few programs, build a website around them, add a bunch of banners and links onto their site, then sit back and watch the money roll in and never have to work again.

There is a misconception that you can come online and set up an Internet based business and be making big money within a few days. This is absolute hogwash and it has not been my experience nor the experience of anyone I have come in contact with through my online business activities.

The harsh reality is that there are more people who fail at their home businesses than there are people who actually succeed.

Newcomers to the world of online home based business are not usually aware that they may actually have to work harder at their home businesses than they did at their traditional jobs. They are typically not aware of the many hours of marketing time that they will need to put in to be successful.

Many people that are new to online marketing also make the mistake of thinking that a single marketing strategy will suffice. Naturally, some avenues will produce better results
than others, but I have found the best course of action is to adopt a broad based approach to your online marketing by spreading your time and resources over several different methods.

If you are new to Internet marketing, you might be well advised to take a course to find out what is required of you to be successful in an online business. It does not matter what type of business you are starting, if it is online, it must be marketed
online, and possibly offline as well.

It always amazes me how frequently people that start an online home based business actually believe that they can get rich by doing absolutely nothing, or at least with very little effort. These are otherwise intelligent people. Why would they believe this? My conclusion is that they believe because they want to believe. They believe because they see claims to this effect everyday and everywhere on the Internet. They are told that it is
possible. They not only want to believe it, for their own reasons, but they need to believe it.

In my opinion, you need to give yourself at least a year to make an online business get some traction and start to generate some meaningful income. The proper mindset is to think long term, not instant gratification.

I am always surprised at the number of people who drop out of their online home based business after the first month or two.I ask myself, what do they expect, miracles? You probably wouldn't bail out of offline business after a month so why would you expect an online business to be any different?

Aside from the fallacy of instant riches without any effort, the expectation of a free ride is a frequent misconception of many that think they want to start an online home based business. If you're afraid, or unwilling, to invest a little money to start your own business...you are not looking at a home based business...you are looking at a work at home job. If you want to make money online, you must also be willing to invest in
yourself. It's as plain and simple as that.

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Kirk Bannerman operates his own successful home based business and also coaches others seeking to start their own home based business. For more information visit his website at Legitimate Home Based Business
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Anonymous's Avatar
Anonymous
Guest
Really Great information ... thanks !

Ahhh, finally layman's terms to understanding, using and profiting from Home based business.

<There is a misconception that you can come online and set up an Internet based business and be making big money within a few days. This is absolute hogwash and it has not been my experience nor the experience of anyone I have come in contact with through my online business activities.>

Totally believe in this.
Trusted Edge's Avatar, Join Date: Sep 2006
Light Poster
Trusted Edge Marketing, Inc.

DESCRIPTION:
Work at home Pt/Ft
Work your own hours and days
Earn $100-$500 Per Week
Full Online Training

REQUIREMENTS:
Basic Internet Knowledge
Typing ability of at least 40 wpm
Willingness to learn and set goals
Must Have Computer With Internet Access
Valid Email and Paypal Accounts (to get paid)

INFORMATION
We are seeking self motivated individuals with
the desire to work with online advertising.
You are required to have a computer with internet
access, an email account, and basic typing skills.
You can choose to work full or part time with your
own hours. The position will involve data
input/completion by processing typed responses
for advertisements placed online. These responses
vary in length according to each client that you
work with. Further inquiries on order/client
matters will be explained in specific detail in the
training manual. All transactions between client
and agent will be processed through your email
account. There is no contract to sign with this
job, and the amount you choose to process is
entirely up to you. As with any job, you must be
able to respond to advertisements in a timely
manner. The beauty of this position is that you can
work at home, and do have the potential to make a
good amount of money.

COMPENSATION
You will be paid $10.00 to $20.00 for each order
that you process. Paypal will be required,
that is how all jobs are paid out. You can sign up
free at www.paypal.com. The amount of money you earn is
entirely up to you, but please be advised that you
will be responsible for keeping track of your
earnings during tax season, as we do not take
out any taxes or provide you with a 1099 form.

Please contact: jennshultz@gmail.com
Serious Applicants Only Please.

Last edited by shabbir; 18Sep2006 at 10:24.. Reason: Confine links to signatures only
hari_pnk62's Avatar
Newbie Member
Hi,

This is Hari, please send me the details of the online business as soon as possible.

Thanking you,
Johnhanry's Avatar, Join Date: Jan 2009
Newbie Member
It will be appreciable if you provide us some more information regarding your home based business?.