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January 1st, 2006

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Top 10 Internet Home Business Ideas You Can Start and Run in Your Underwear

With over 300,000 %u201CInternet Home Business%u201D related searches on the internet every month, it%u2019s safe to say that there is a lot of demand for information on how to make money on the internet. Sadly, this also means that there are a lot of shady characters preying on this group of people.

I knew someone who fell for one of these once - they taught him how to make money online, and then all he did was sell seminars - on how to make money online. The fact that he had never actually made any money online was beside the point%u2026 I guess. Not surprisingly, I%u2019m not a big supporter of his business.

Can anyone make money online? I do believe so. But not everyone WILL make money online, because as I have said before, making money on the internet takes a long time to learn, and most people give up because it can be extremely frustrating.

My one piece of advice for starting an internet home business is this :: Don%u2019t expect to make any real money for 365 days (or so!) . Although I will add that service-based businesses tend to bring in revenue faster, I would still allow for a full year to replace your outside-the-home salary.

The good news about this industry is that as long as you are willing to put in the hours (days%u2026 weeks%u2026. months%u2026.. ) to learn the ropes, you can bootstrap your business with extremely little money, generally speaking. Some businesses take more to start than others. I%u2019ve probably directly invested less than $3000 getting this blog up and running, and now revenue is increasing at about a 125-140% pace every month after being in business for 16 months.

So, where do you start from here? Some general rules of thumb:

1. Pre-packaged programs only work as much as you can customize it and make it unique and your own. Even then, techniques that work for one niche won%u2019t work in all niches.

2. Be wary of any %u201Csystem%u201D that promises instant results (especially anything that sounds like a get-rich-quick scheme!)

3. Knowing the basics of html, SEO (Search Engine Optimization), Social Media Marketing, website marketing and traditional marketing and sales are a must.

4. Every business is made stronger by specializing in a tight niche. Know your audience and stick to it.

Unless you have a brilliant tech idea that makes venture capitalists drool, you need to determine where your strengths are and which business model you plan on following (and you don%u2019t need this list). I have run three home-based businesses in my life, all of which leveraged my current skill set as the foundation for building the business.

Look over the following list and single out the ones in which you have at least some experience. You probably won%u2019t have all of the skills necessary, so don%u2019t let that stop you! All you have to do is work hard and be willing to learn.

Affiliate Marketing

What is it? :: Promote other company%u2019s products and services on your website. When a sale is made, you get a commission.

Most important skills needed :: PPC (Pay Per Click marketing), sales copywriting, web marketing

Best learning resources :: Affiliate Classroom , ShoeMoney , Rosalind Gardner

Recommended Book :: Make a Fortune Promoting Other People%u2019s Stuff Online by Rosalind Gardner

Blogging

What is it? :: A chronologically based website filled with articles, reviews, or journal-style writing. You can sell advertising or incorporate affiliate marketing on a blog to earn money.

Most important skills needed :: Copywriting, social networking, affiliate marketing, web marketing

Best learning resources :: ProBlogger , Blogging for Dollars , Yaro Starak%u2019s Blog Mastermind Program (highly recommended & he has a free report to download)

Recommended Book :: ProBlogger, Secrets to Blogging Your Way to a Six Figure Income by Darren Rowse & Chris Garrett

eBay & Auction Selling

What is it? :: Selling or reselling products via an online marketplace like Ebay , Amazon Auctions , or Craigslist . You can sell used goods, buy goods wholesale, or use a drop-shipping service.

Most important skills needed :: Merchandising, sales copywriting, customer service

Best learning resources :: Ebay Learning Center , SaleHoo Training Center , JennyHow

Recommended Book :: eBay 101: Selling on eBay For Part-time or Full-time Income, Beginner to PowerSeller in 90 Days by Steve Weber

E-Commerce

What is it? :: Selling products or a technology-based service on your own website.

Most important skills needed :: All of the above, below and then some!

Best learning resources :: Entrepreneur.com%u2019s Online Business Startup Guide

Recommended Book :: The Complete E-Commerce Book: Design, Build and Maintain a Successful Web-Based Business by Janice Reynolds

Arts & Crafts

What is it? :: Creating and manufacturing your own product lines and selling them online.

Most important skills needed :: Creativity, sales, e-commerce

Best learning resources :: Sparkplugging%u2019s CraftBoom , About.com Craft Business 101 Series , Barbara Brabec

Recommended Book :: The Crafts Business Answer Book: Starting, Managing, and Marketing a Homebased Arts, Crafts, or Design Business by Barbara Brabec

Internet Research Business

What is it? :: Doing internet research for corporations, law firms and other small businesses.

Most important skills needed :: Librarian-style research skills, customer service

Best learning resources :: Entrepreneur.com%u2019s Information Consultant Startup Guide

Recommended Book :: Building & Running a Successful Research Business: A Guide for the Independent Information Professional by Mary Ellen Bates

Freelance Services

What is it? :: Providing professional services such as copywriting, design, photography, illustration, and programming usually billed on an hourly rate.

Most important skills needed :: Sales, customer service, trade-specific knowledge

Best learning resources :: Our Freelance Parent channel, FreelanceSwitch

Recommended Book :: The Business Side of Creativity: The Complete Guide to Running a Small Graphic Design or Communications Business by Cameron S. Foote

Recruiting

What is it? :: Recruiting candidates for companies who pay a fee when a hire is made.

Most important skills needed :: Sales, relationship building, networking

Best learning resources :: RecruitersNetwork , HireAbility

Recommended Book :: Start Your Own Executive Recruiting Business (Entrepreneur Magazine%u2019s Start Up) by Entrepreneur Press

Consulting

What is it? :: Providing your specialized industry knowledge to corporations, entrepreneurs, investors or other businesses.

Most important skills needed :: Trade-specific knowledge, sales, customer service

Best learning resources :: Entrepreneur.com%u2019s Consulting Business Startup Guide

Recommended Book :: The Business of Consulting: The Basics and Beyond (CD-ROM Included) by Elaine Biech

VA (Virtual Assistant)

What is it? :: Providing administrative and business support to other business owners and small businesses.

Most important skills needed :: Customer service, organization

Best learning resources :: VirtualAssistantStartups , Entrepreneur.com%u2019s Business Support Startup Guide , VirtualPABusiness

Recommended Book :: The 2-Second Commute: Join the Exploding Ranks of Freelance Virtual Assistants by Christine Durst

If you want tips and ideas on how to promote and market these ten internet home businesses, check out Susan Payton%u2019s companion article on Marketing Your Internet Business . For more home business ideas , check out 10 More Work at Home Internet Business Ideas You Can Do in Your Fuzzy Bunny Slippers .

Source: http://www.sparkplugging.com/sparkplug-ceo/top-10-internet-home-businesses-ideas-you-can-start-and-run-in-your-underwear/

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OpenOffice Suite 2018 for all Microsoft Windows for Home Business Students
OpenOffice Suite 2018 for all Microsoft Windows for Home Business Students
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