Online Business Reality

Reality check

 

All too often people get online to find a quick fix for their financial problem.

I’ll give you an example. My business partners and I see this kind of question a lot.  “Can I make money without investing any money?”

In fact, maybe you have the same question.

Here’s my short answer: It’s possible.

But here’s the online business reality.

Most newbies want to see results fast without investing any money. Depending on what business model you get into, 90% of the time it’s not possible to see results within the first week without any investment. Let’s get real here.  It’s much easier to implement any strategies if you have money to invest into running ad campaigns. If you were to take a look at it from another perspective, it’s no different than starting a brick and mortar business. But in that business model, you need to pay rent for your store, pay your employees, inventory, utilities, etc.

In most online business models, you don’t even need to have anyone to work for you when you’re starting out. (Though you can after your business takes off and you want leverage). You can work from anywhere you have an Internet connection. Your investment is pretty much investing into a proven business system that you can leverage, set up separate budget for ads, and learning the skills to build a successful business.

online-business-reality

Money and investment wise, here’s the main difference; You’d need to invest minimum tens of thousands of dollars into building a brick and mortar business. Or for a franchise opportunity, it can be a lot more (some into the millions).  With an online business, you don’t need to spend as much. You can get started for as low as $30-$50 a month. But you still need to be serious in treating your online business like you would if you have a brick and mortar business. Most people don’t treat their online business like a real business.

If you absolutely have no money to spend, here’s what I suggest you do. You can build lots of free websites through Squidoo lenses and free websites like blogger, free wordpress, weebly, any web 2.0 properties basically. You don’t even need to get a hosting, domain or invest money in anything. The products can be something you pick off JVzoo, Clickbank or even CPA network. They’re free to join, (CPA network aren’t easy to get into though and it can be a whole new topic for me to write).  While you can make money with this approach, you will need to invest a LOT of time while being at the mercy of these websites. They don’t like affiliate marketers or any biz ops. Your free websites can be taken down at any time also if someone decides to be an ass and report you, just because they see you as a threat or they don’t like you for whatever reason.

Would I do the same thing if I had no money though? Not exactly, but that’s because I know how brutal it’d be to be at the mercy of other people/websites. I do use the web 2.0 properties but only for backlinking purpose.

Everyone’s different though. Some people may be okay to not be in control of their hard work for a while, as long as they get to generate some commissions.

If I was to build my business from scratch with no money, I would still find ways to find the money (garage sale,  sell services, do anything to get the money so I can get back on my feet). And then I would rebuild my business three times as fast within a short six months. Yep no kidding on that. Things I’d do immediately:

1) Buy a web hosting and a personal domain name
2) Install WordPress into my own domain
3) Use premium theme (just like what I use here for example)
4) Build my list immediately
5) Invest into a program that has massive momentum behind it and leverage it to sell.

I’m my own webmaster,  I have full control of what I want to publish or promote, and I don’t need to worry about anyone shutting down my website.

Here’s something to think about… Do you want a real sustainable and scalable online business, or are you just looking for a quick income fix? What are you willing to do?

-Val Geerken

http://www.wealthandmoney.net

Figure out your “Why”

figure-out-your-why

 

Some people have a hard time figuring out their “why“. I have had people asking me this very same thing.  If you’re one of them, I have a very personal video I would like to share with you. Hopefully you can feel my emotions through the video below.

This is my BIG why. The reason I am loving what I do.

Now, it’s your turn to tell me and the whole world why you want to embark on this entrepreneurial journey.

-Val

Simple Tips To Work at Home Successfully

Simple Tips To Work at Home Successfully

How does working from home sounds to you? Maybe you just started looking into work from home business, or you just recently decided to start an online business. Whatever your situation is, welcome to the entrepreneurs’ world!

You will always be learning as an entrepreneur. In a way, you continue to grow as a person.

Without further ado, here are some simple tips to work at home successfully…

tips

1) You need to have your own at home working space. If you have an extra guest room, you may want to consider using the room as your home office. If you don’t have a spare room, even a small area of the house works. As long as you have a go to area that you can call “my working space”.

2) Self discipline. When you work for yourself, you really answers to no one. You need to have a high self discipline and follow a set of rules. Establish these rules early.  When you work for a company, you have no choice but to work based on the deadline of each particular project. Set your own workflow and complete your tasks on a day to day basis.

3) Establish your own hours. While it is fun to work for yourself, you still need to set your own actual hours. What days are you going to work? What time are you going to sit down and work on your business? These are stuffs you need to do yourself.

4) Plan and take action accordingly. Being “busy” and being “productive” are two different things. Set a goal and work your way to become a productive entrepreneur. Your goal is to make money from home. What are you going to do to achieve this goal?

5) Learn to say “No”.  When you start a business, your friends and family may ask what is it that you are up to. They may even distract you, ask you out, do things that keeps you from completing your tasks. As a result you will be behind and get overwhelmed with the numbers of tasks that pile up. The best way is to turn them down politely. It does not mean that you don’t love them, you only have 24 hours a day. Everyone have 24 hours in a day no matter who they are. But how you manage your time truly determines your quality of life. You need to remove things that distract you, and this includes tuning down your social life…like going to everything you are invited to.

6) Get help and support. Running your own business and being your own boss can be frustrating because you are doing everything yourself. This is why it is important to network with fellow entrepreneurs and like minded people. (Drop me a line or connect with me on Facebook, I am happy to help and connect with fellow entrepreneurs)

7) Take a break, get out of the house. Play with your kids, go to the park, work at Starbucks, or wherever…but it is important for you to go out and breath some fresh air. Don’t lock yourself in the house the whole day.

8) Outsource and automate your business as much as you can. Eventually you should look into automating your business and hire a team who can help you grow and scale up your business.  This is part of entrepreneurship. Unfortunately you cannot do everything yourself. Doing so will burn you out. So take the time to look into outsourcing the little tasks and focus on growing your business.

9) Relax and pray. 😉

These are just some simple tips to work at home successfully.

As your business grows, you gain more freedom and flexibility to work on your own terms. Not everyone can work from home though. And definitely not everyone can be an entrepreneur. So reward yourself when you get something done. 😉

 

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