Friday, October 29, 2010

How To Start Your Own Home Business

Posted by IMers at 4:30 PM ,

For some people that wasn't lucky enough to find a job that not only doesn't pay well but also the job is always conflicted with what their heart desired, the most thinkable solution is to start your own business or even better starting your own home business. I'm also one of those unfortunate people, my job doesn't pay well and it's not the kind of job that i desire to do. I also been thinking a lot about starting my own business in the field that i always love, although i allready have a steady job about 7 years now. Should i quit my job and follow my heart with starting my own business ? Although i wanted to but there's things to consider before i start my own business.

How to start your own business


The question about how to start your own business is really to wide to answer, we need to narrow it down to what kind of business that we want to start. In this article i would like to narrow the question to how to start your own home business, because a home business is also the kind of business that i want to plunge in to. There are many options for business at home based, you can start a catering business, boutique, cake business, winch works, consultant, fitness business, internet marketing, blogging, and so on. Just think about what you are very good at and make use of that potential for making steady income.

How to start your own home business


After deciding what you want and desired to do for your home business, now it's time to study the oppurtinity for your home business. Don't even think about starting anything yet before you have a complete data about every angle of your home business. You need to study all these aspect :

  1. Creation

  2. Marketing

  3. Income



Creation or manufacturing goods, is the data about how to create delicious food if you are in catering business, how to make creative works that people want to buy, how to make a good website or blog if you want to blogging for your home business, etc. You need to master this, you need to have quality that your costumer deserve. This is your arsenal, your strength for competitions from others.

After you have mastered the creating part, next thing to do is become a prodigy in the marketing area. Study the market for your home business, what are your costumer, how to introduce your goods to them, promote your goods, your website, your cakes to them in any methods that are appropiate. Make sure that you have targetted costumer, for example, if you doing blogging than you need to know where your reader are going to come from, is it from the search engine, from social networks site or a mix of both. Then study how to get visitor from these sources, how to promote your blog, after you have acquired the methods than implement it, implement the methods to the max.

Those two part i've mentioned above are the hardest part in your home business planning step. After you have execute both of mastering your creation and become a prodigy in marketing your goods or services, next is to calculate the income or the price for your goods or services. How much you're going to sell it ? Make a reasonable price at the first or maybe discount to make it even more interesting. Then slowly raise it after you have a good selling or loyal costumers.

Right now i'm still in the learning proccess of those 3 steps above, i'm learning by doing, i still doing my 7 years job that i hate but i'm not going to quit that job untill my home business have steady income that more than my job sallary atleast 5 times better. My home business is slowly raise better income each day as i promoting it in daily bases, i promote my goods to my co worker, my friends, i promote it in facebook, twitter, just about any oppurtinity for promotions. My home business is going to be successfull and i'll quit my steady job for sure. By doing those 3 steps that i believe is the key for success in my home business, i'm doing well in my home business. Right now i'm doing both of my steady job and after work or in my day off i'm building my home business, doing it slowly but steady and my motto is " THERE ARE NO FAILURE, JUST QUITER " if you quit, you failed, if you just keep on working then you are on your way to success starting your own business.

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