Newbie Internet Business Series Part 1: the Pro and Cons of Home Based Internet Business

February 26, 2010scfm 18 Comments »
Newbie Internet Business Series Part 1: the Pro and Cons of Home Based Internet Business

The home based internet business becomes more and more popular either as an alternative occupation or a source of extra income. This newbie internet business series is dedicated to those who just start or those who are considering to start their home based internet business. By reading the series, you will have a better understanding what it is about, avoid the mistakes and take the right path to excel.

The Advantages (the Pro)

• Flexible working hours.

If you have your day job, young children, household to take care of or study to work at, you are still able to do your home based internet business at your convenient time.

• Small capital requirement.

Compared to offline business that requires a lot of money to set up, the home based internet business needs only a small capital to start up.

• Unlimited income potential.

Working for others limit your potential to earn money but home based internet business has unlimited income potential. Many people become millionaires in the internet.

• “Low-cost” labor.

You start your home based internet business by yourself and when it gets bigger, you can seek help from your spouse, teenage children or relatives whom you do not need to pay much.

• Hassle free business.

Many things you need in the internet are done autopilot such as your websites and auto-responders. Some products even allow you to have 6 automated income streams within 24 hours.

• Low overhead expenses.

The home based internet business allows you to work by yourself from the comfort of your own home, you save lots of money from office rental, employee’ salary and travelling costs. Beside computer and internet connection, you hardly need any other machines.

• No face-to-face interaction.

For those who are shy to meet people or have physical challenges are still able to have their own business. People only communicate with your words without facing you personally. You can be in your pyjama or t-shirts and nobody knows. Furthermore, there is no age limitation; you can run the home based internet business at any age.

• Immediate start.

Compare to offline businesses that require a few months to start, the home based internet business allows you to jump in immediately.

• No company requirement.

You do not need to have a company to start your own home based internet business.

• Flexible place to work.

You are mobile when you are in the home based internet business. You can work wherever you desire as long as you bring your laptop and there is an internet connection.

The Disadvantages (the Cons)

• Reliance on high speed internet connection.

When you don’t have high speed computer and internet connection then you waste so much time in front of the computer waiting for your pages to be displayed. Some remote places still face this kind of problem.

• Addiction to work.

Since you work from home, you can be workaholic. Nobody is going to stop you from working 24/7. There is no working time framework. You could neglect your family or household works because you are too consumed with your online business.

• Loneliness.

The home based internet business is a lonely place because you do not interact with people face-to-face.

• No immediate result.

It can be very frustrating because you do not see the money immediately. If you follow the wrong coach or program, you even waste time and money.

• Risks.

You do not know who you are dealing with since you do not face him/her so there is a possibility you could be cheated. Many scams happen in the internet.

• Hard work.

It is a hard work. You need to be willing to spend hours to learn about your products, marketing and customers care.

• Dependence on strong self-drive.

Home based internet business requires high self-discipline and self-motivation. Since you have nobody telling you what to achieve daily you need to create your own agenda and target. If you do not have a strong “why,” you will end up joining the 90% of the people who fail in this business.

Before you embark into a home based internet business, you need to consider these advantages and disadvantages and make the firm decision why you want to get into it. There are consequences you have to pay just like every decision you make. Are you willing to pay the price? Do you have what it takes to succeed in the home based internet business? Find out more.

Starting Home Based Internet Business

Free Website Builder & Wealth Report

www.TessieSetiabudi.com

Question about internet business

internet business?
I have an internet business and looking for ways to promote the web site. I have tried Google, which did not work ad cost me ALOT of money and link exchange – both failed. Does anyone have any ideas for making the web sie successfull?

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18 Responses to this entry

  • guzen Says:

    This video series is very well done in a professional manner. Easy to read, moderator is easy to understand and the content is right on the points. Good video. Thanks.

  • nacao Says:

    Very good! I like ti!

  • gordon gecko Says:

    If you really want to start an internet business this site will give you free information on how to get started. http://www.firstinforeview.com
    also if you are looking to purchase a program check out http://www.1stbusinessreview.com they post programs that work.

  • pop2rosie Says:

    You can do several things to increase traffic flow.
    The first part of SEO is page optimization. Basic steps included in onsite optimization are:

    1) Find best targeted keywords relevant to your business
    2) Make title and meta tags relevant to your web page theme
    3) Content optimization and internal linking.
    4) Use of h1,…,h6 tags for heading
    5) Create a site map
    6) Use title and alt attributes that include targeted keywords.
    7) Make robots.txt file.

    Once onsite optimization is completed, offsite optimization is started. Here are some basic steps for offsite optimization:

    1) Directory submission
    2) Article submission
    3) Link exchange
    4) Press release
    5) Social bookmarking
    6) Blogging
    7) Forum posting

    For online business, content is the most important factor. Having informative and interesting content in the website will entice frequent visits by more visitors. This also helps you to get quality back links easily, as quality back links are most important factor in search engine optimization. Once your site gets higher ranking, it will start getting more targeted visitors and your ROI will increase gradually.

    When making your own web site do some research on how to optimize your site so that you get a good ranking with a natural search. You do this by embedding smart key words.

    1 )Key word tool by google https://adwords.google.com/select/KeywordToolExternal
    2) Keyword suggestion http://www.seochat.com/seo-tools/keyword-suggestions-google/
    3) Keyword Typo Generator Tool
    https://adwords.google.com/select/TrafficEstimatorSandbox

    You need get your web address in as many locations as possible on the net. You do this by article submission, link swap and free classifieds.
    Here is a comprehensive list of Classifieds & Article submission http://answers.yahoo.com/question/?qid=20080114075709AAtlrLP
    http://answers.yahoo.com/question/index;_ylt=AlhJiR7ZcCCBRbp_sdnJwW3ty6IX;_ylv=3?qid=20080111092859AA6vfTx&show=7#profile-info-lpytzfawaa

    Make a homemade commercial video.

    Post your video here
    metacafe.com http://www.metacafe.com/
    YouTube.com http://www.YouTube.com
    Video.google.com http://www.Video.google.com
    Video.yahoo.com http://www.Video.yahoo.com

    AtomFilms.com http://www.AtomFilms.com

    Blip.tv http://www.Blip.tv
    Blog.com http://www.Blog.com
    Blogger.com http://www.Blogger.com
    BoFunk.com http://www.BoFunk.com

    Clipshack.com http://www.Clipshack.com

    Dailymotion.com http://www.Dailymotion.com
    Dave.tv http://dave.tv/Default.aspx

    Eyespot.com http://www.Eyespot.com
    Flurl.com http://www.Flurl.com

    funnyordie.com http://www.funnyordie.com/

    GoFish.com http://www.GoFish.com
    GUBA.com http://www.GUBA.com

    IFilm.com http://www.IFilm.com

    Livejournal.com http://www.Livejournal.com
    LiveLeak.com http://www.LiveLeak.com
    LiveVideo.com http://www.LiveVideo.com

    MegaVideo.com http://www.MegaVideo.com
    Mix.com http://www.vMix.com
    Motionbox.com http://www.Motionbox.com

    Odeo.com http://www.Odeo.com

    Photobucket.com http://www.Photobucket.com
    Pixparty.com http://www.Pixparty.com
    Putfile.com http://www.Putfile.com
    Podcasts yahoo http://help.yahoo.com/l/us/yahoo/podcasts/index.html

    Revver.com http://www.Revver.com

    selfcast.tv http://www.selfcast.tv
    Sharkle.com http://www.Sharkle.com
    Stickam.com http://www.Stickam.com
    SUMO.tv http://www.SUMO.tv

    Twango.com http://www.Twango.com

    Veoh.com http://www.Veoh.com
    vidilife.com http://www.vidilife.com
    Vimeo.com http://www.Vimeo.com
    vSocial.com http://www.vSocial.com

    Wordpress.com http://www.Wordpress.com

    Xanga.com http://www.Xanga.com

    ZippyVideos http://www.ZippyVideos.com

  • answergirl Says:

    There's a boat load of successful business on the internet

    Amazon.com-Books
    Ebay.com-Auctions
    Google and Yahoo-Search Engines
    CWIMedical.com-Medical Supplies
    Netflix-DVD rental

    Just to name a few

  • psychic Says:

    This is a great programme that may be able to help those of you who are gifted in marketing, but if you are looking for a business that sells itself and is at top of its game in supporting its members, please feel free to review my video. I would be glad to give you any help you may need. Thanks for your time.

  • Simon H Says:

    Simon~

    Here is your answer. Click the link below and follow the steps to view an online presentation about the Company, Business Opportunity, and Services. This company made 60 millioniares in the past 5 years, listed on the New York Stock Exchange, regulated by the FTC (federal trade commision) and the best part is they are still under the RADAR! If you like what you see, hit me back…I can help you get started.

    This is the financial vehicle you have been looking for!

  • rails Says:

    I just started using this software called socialblaster and it has been the best decision I have made in a long time. I see your marketing alot on youtube and wanted to tell you about a technique that automates marketing across 40 + social networks with multiple accounts, send scheduled text updates with links to 40 social networks on sites like tiwtter and many more. SEO along with social marketing is very powerful stuff.

  • M R Says:

    Are you looking for something where you can work from home? If so …almost all home-based business have a "start up fee". Some require yearly fees and some are just a one time fee and you're always in the business. The start up fees can be something small ($50-200) and some companies charge a lot up to several thousand dollars but you're getting your money's worth because you're getting products as well.
    If you're really serious about looking for something, check this one out, it's a presentation that tells about the company, if you like what you see, you fill the form out and someone will get back in touch with you right away. You just never know what might be the one for you, you just have to shop around. But some are scams and you need to be careful. Shop around, do research and check with the BBB (Better Business Bureau). Check them out to see if they're legit or have complaints.
    That's what I did and I'm working from the comfort of my own home. I love it and it's a great opportunity for additional streams of income. You can check it out, go to
    http://www.bedavis1.mywayout.net/
    Good luck in finding that perfect opportunity for you!

  • The Invisible Woman Says:

    The requirements vary according to your state. Call the business license office for your county and just ask them if you need a business license to operate an internet store. I live in Georgia, and in my county, you do.

  • truth Says:

    Excellent Video

    Keep Them Coming

    Mark McCulloch

  • earthlink Says:

    Tubeviews [dot net] finally, a way for your video to be seen. I can’t believe what has been kept secret from us this whole time. Enjoy and Be Blessed!

    thanks for sharing good stuff man

  • Penelope Says:

    Hey Friend!

    Thinking of starting Internet Business?

    Visit http://powerfulecommerce.blogspot.com & get complete details for free. More than enough information.

    Thanks,

    Dev
    mrdevu@gmail.com

  • Bleach Says:

    You may need to separate "Internet" and "E-Commerce" into distinctly different roles.

    Every business on the planet would benefit from an "Internet" presence, because of the potential mass exposure. The internet allows a business a space to educate its ideal consumer about the companies product and service.

    The whole point of being in business is to make and keep customers…so being exposed to as many potential customers as possible, is a massive advantage upgrade.

    E-Commerce….I think this is where you are trying to identify a company which would not benefit from "Purchase" transactions over the internet….and again…as I sit here I am having difficulty thinking how this would not benefit any company. If something comes to mind I will edit this.

  • corpo Says:

    nice video check my channel and lets share business opportunities

  • urbantool Says:

    Great informativ video! I´ll take a look at your Channel!

  • Jessie G Says:

    Buy and sell stuff on ebay

  • jpro Says:

    Nice Video. I really liked your video youtube can be a great asset for you. If you need any help getting your video exposed check out this site called tubeviews [dot net] It has really done wonders for me, I have build 3 channels up with videos at top in position and this is my forth channel i’m going to working on.

    This rox… Thank you very much.

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