Wednesday 6 September 2017

5 Simple Steps to Make a 6-Figure Income

Benefits of working at home

Working at home gives you the chance to escape the 9-5 rat race which offers many benefit besides being able to get up when you feel rested enough. Breakfast isn't rushed. You can have a relaxed breakfast with your family and then do the 6 second commute when and if you feel ready. That is to your home/office. Unlike the 9-5 rat race, you can choose how long you work, what you wear when you work, and the type of work you do. The only downside to this is many home businesses are performance based. That is unless you have automation in place, 2 hours of work per day earns you close to zero. The best thing about internet marketing is that if you do the work once, you get paid many times over, often without having to do regular updates. It's a system it works.

Compared with a brick and mortar business, entry and upkeep costs of an online home-based business are extremely small. With a brick and mortar business you need at least $1 million capitol to pay rent, utility bills, advertising, stock, loan repayments, and many other bills. An internet marketing business can be started for as little as $100 a week provided that you have a computer and internet connection. Other than that you aren't required to pay any extra bills.


As an internet marketer, it's your business, you are the boss. No one is asking you to finish any set tasks within an unreasonable amount of time. No one is telling you to make them coffee. And no one tells you that you only have half an hour for lunch, or that you can't eat lunch until after you've finished your report.

The only problem with your business being performance based is if you don't make a sale you don't get paid. To get that sale, unless you are experienced, you may find yourself working more than 8 hours a day, and making less than you would if you had a job. Cash is actually the lifeblood of a business. A business needs money coming in to run. Using free advertising will often only net you freeloaders looking for freebies. The way around this is to keep your job until your home business becomes profitable and you have systems in place to make a decent income every week.


Have a Plan

Before you quit your job, decide what kind of home business you are going to get into, and how much you need to run your business. There are many home business types. These include network marketing, affiliate marketing, traditional home businesses, and internet marketing. Don't be led by the pictures of money and luxury houses. It's all marketing and many of the businesses that feature these images are scams. They may have rented these props for the day.

You need to find an offer that you can afford and that will offer you a return on your money. I am not a fan of network marketing as to me it seems like a ponzi scheme. You pay $10 every month and you may get nothing back or a little more than you invested depending how many people you have recruited. But what you are selling is the opportunity to own one of the luxury items and that's decades of monthly $10 payments away.

I think internet marketing and affiliate marketing are good as if you are dealing with paying customers you are more than likely to get a sale. That is you don't always need to use paid advertising but using and supporting free advertising where free members meet to earn free credits is not the answer. Social media is neutral ground. Both freebie seekers and paying customers use social media communities and if your offer seems reasonable it may sell.


Advertise

As I said paid advertising is the best method of advertising. Facebook ads are cheaper than Google Adwords ads and you can target a particular audience with laser precision. Facebook has a lot of data about their users, as many Facebook users do personal updates several times a day as a matter of personal status. For only $5 you can boost a post and get a reasonable amount of clicks or clicks from your Facebook ad.


Follow through

You're not going to become rich overnight. Everything has a learning curve. As with your planning you need to make sure you have enough money to advertise and market your business so you don't get stuck in a rut. And you need to keep advertising, keep, keeping on until you crack the formula until you get a sale otherwise you home business dream will be no more and it will be back to the rat race.


Be up-to-date

You need to stay up to date with the home business/internet marketing news and be informed of what new software is available. How you can automate your business more, so Artificial Intelligence can do more of the work for you, so you can build a business empire, and become an affluent business person.

Being up to date can be as simple as creating a Google Alert, and when Google detects an article being posted about "new internet marketing software", Google will send you an email and a link to the article.


Have the right attitude

A positive attitude is important to achieve your financial and personal goals. If you are going to succeed with your home business, as I said before you need to forge ahead and strive to build your income and your business empire to the point where sales and income is a regular occurrence. Many books have been published on the topic of motivation. One that I recommend is "Think and Grow Rich" by Napoleon Hill. "Think and Grow Rich" is no longer protected by copyright, so you should be able to search for it on the internet and download it for free.

There is no guarantee you will earn a 6 figure income by following these steps. There is a lot of fake/bad advice been sold as home business training by people that have no principles and just want to make a dollar by tricking you into purchasing their products. The products that I promote are good products but results can vary depending on your type of advertising.



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