Residual Income – Home Business Online – What to Look For

Do you want to be able to take time off whenever you want to, and work whenever you wish to? Do you want to leverage your business through a network of partners that work with you and for you – without you having to pay their wages? If your answer to above questions are an enthusiastic “Yes”, than you should pay close attention to the below report.

The answer is “residual Income” also called “passive income”.

Residual income means you make one sale and you earn follow up income automatically for months and years after you made that initial sale. A residual income home business could be the perfect opportunity to a life of free choices: You chose when, what and how you do your work. The beauty of residual income is that it does not require your constant direct involvement. You may have heard about passive income generated by owning rental property, royalties on an invention or creative work, and network marketing.

Thousands of marketers have already found out the magic of combining Internet Marketing and Network Marketing. It is a marketing strategy which makes perfect business sense. Why utilize all your internet marketing skills to make just one sale and receive just one payment, when you can just as easily use the same skills to make a sale and then start receiving repeat passive payments for years to come?

This would make the perfect residual income home business. Still, you would have to choose the right Network Marketing Company, the right product and of course a compensation plan that makes it all worth your time and efforts. Looking into the existing MLM companies on the market at present – I have found one company that seems to offer all that is required for building the perfect residual income home business.

Think of a product that is easily demonstrable and shows instant results.

What if the product is needed by the masses and is highly consumable?

What if many celebrities are using it daily and openly talk highly of it?

What if it’s a health related product that is endorsed by many doctors?

What if it has gone through clinical studies following years of research and has proven effective?

What if it is a safe product? With no side effects? No health risks? With no chemicals, no drugs, no herbs – nothing penetrating the body?

And most important – What if it actually benefits user’s health and physical well being?

People would naturally rave about it spreading the word and building their own profitable network, which would be your profitable network too. These many happy returning customers would result in reoccurring sales and build a money making residual income home business for you.

OK, I know, this sounds too good to be true, doesn’t it?

But I actually found one company with a set of products that match all of the above requirements. It has the potential to be your tool to creating a residual income home business. I would advise you to check it out for yourself. If you’ll find this to be absolutely true, wouldn’t you think this set of products would make the perfect product to promote through Internet marketing?

Finally, what if there was a nearly fully automated system to build your MLM business online and create a residual income home business on the net all ready for you to use?

If the idea of creating residual income home business online fits you, take a look at the product outlined in the video below and examine it carefully according to above criteria. If you too think it fits all factors, each and every one of them, you may have found your tool to creating residual income home business online. Go check it out now.

Planning Online Courses – Do You Know Your Audience?

Who are you creating your courses for? Do you know your Audience?

In the film, Field of Dreams, the tag line was “If you build it, they will come” That might work with two teams of long dead baseball players, but unfortunately this is not a good strategy for online courses

You need to know who your audience are. The image you create of your ideal student is called an Avatar – nothing to do with that film either! This is a profile that you create based on what you know of the type of people who will be taking you course.

How do you find this out – is the next obvious question. Simple. Speak to them and ask them. My audience for my online courses about creating online courses is less demographically specific and does not have a gender bias.

On the whole these are people 15 to 50 who are entrepreneurial, creative, expert, smart. They can come from any part of the world – my courses reach 164 countries.

Start listening to your audience. Ask them questions. Create messaging dialogues. Organise Skype calls. Get under their skin.

Find out who they are.

I ask my students at the start of my courses to introduce themselves. This helps me to understand a little more about them and when they do leave a message in the course, it’s a great opportunity for me to ask them a question and keep the discussion going.

This information is very powerful.

When you talk with them or message with them start looking for key phrases of information about their struggles, motivations, goals, ambitions and objectives. These pieces of information are golden and will be particularly valuable when we come to discuss the next section – Problems.

Do not be afraid to niche your audience down.

By being very specific about your audience, you will resonate with them. If you keep your definition very broad, in order to capture a wide audience, you will resonate with no-one. When you start it is better to focus on one niche but as time goes on you can address multiple niches with your courses.

Try to create an outline written profile of your Avatar.

Even give them a name. Who are they married to or in a partnership with? Do they have children? Where do they live? What is their home like? What is their income? Do they have a car? The more you can fill out this profile, the more you can get to know them.

When you create your courses for them, it is much easier to feel that you are speaking directly to them, engaging with them. Although you are making courses for hundreds, if not thousands, of students, it is still a very personal method of transmitting knowledge. In the course there are only ever two people. You, the instructor, and the student and the more you can make your courses feel intimate and personal, the better will be the student experience.

This is one of the reasons I believe that Alun Hill is so successful. He works very hard to answer all the questions and discussions with his students and when you take his courses, you feel as if he is really talking directly to you. He does not lecture in the traditional sense of the word, he communicates the information you need to know in a very relaxed and no nonsense way that makes you feel that you know him as well as he seems to know you.

This is not an accident nor is it easy to do well. Many courses I have taken have seemed as if the instructor was delivering information to a disembodied spirit somewhere. Learn from this by really getting to know your audience and you will create better courses.

So, I strongly recommend that before you start creating your courses, you spend the time making sure that you know WHO you are creating them for!

Beware! MLM Home Business Pitfalls of Building Online

Too many people these days become obsessed with building their MLM home businesses online, which more often than not results in their business dying!

Now don’t get me wrong, I think the internet is a great tool that everyone should be using to an MLM home business, or any business for that matter!

Am I talking out of both sides of my mouth?

No. Let me clarify (don’t you just love riddles?:).

Here’s where the problem lies: most people when they learn about online marketing go into “get-rich-quick mode” thinking that NOW they have finally discovered the SECRET that’s going to build their business automatically for them and make them rich overnight! All logic and reason goes out the window because they heard about some guy who went from homeless to millionaire in a weekend using the internet. That person therefore who may have been struggling and beating their head against the wall to grow their business suddenly finds out about this new previously-unknown-to-them “magical” way to make their business really work and basically stops building their business to become an online marketing guru/genius.

Of course, they don’t mean to put their business on hold but what they don’t understand is that – like any other great marketing approach or system – success won’t happen overnight, and they end spending more and more time learning and less and less time doing anything productive and guess what, their organization, however big or small, duplicates – they don’t do anything productive either…

Avoid the MLM Home Business Internet Trap

For most people, it may take 6 months and maybe longer to really master the different online marketing approaches necessary to create enough leads consistently – on a daily basis – where you no longer need to be prospecting any other way. Yes, there is always exception to the rule but when you consider the average networker only has a few hours a week to put into building an income from home, there isn’t much time left to learn these new skills and strategies. If you had 10-15 hours a day uninterrupted where you could study in a cave and really learn it, then yes, you could learn it much faster, in a matter of weeks probably, but that is very unrealistic for the average person, for the 80% of the networkers out there.

In order to create a growing, profitable MLM home business, you must be able to really connect with people.

Utilize the Internet for what it is, a great tool to leverage communications and marketing but don’t forget the fundamentals. This is a relationship business, and real relationships are built and maintained through communication.

Start slow when incorporating the internet, don’t go all in right from the get-go. Slowly start adding online marketing strategies to your existing business building approaches that are working. Perhaps setup a lead capture page to direct your suspects to – the people you need to sift and sort through to see who your prospects really are. Start communicating to your team with trainings and live presentations via webinar or online video format each week. Maybe setup a Facebook page to establish a basic online presence where you can connect with people and where they can go to learn more about YOU (again, people join people, not companies – don’t give out your company replicated website, give out your webpage, like your Facebook page to start) – you can also search for your prospects on Facebook and learn more about them as well.

Continue to build your MLM home business offline while also continuing to learn new ways of marketing and connecting online to create leads – but don’t sacrifice the offline activities for the online ones as you’ll only end up killing your business and having to start all over again. Anyone can begin an MLM home business from day 1 offline by keeping it simple and prospecting – simple, non-technical, duplicatable skills people have used and continue to use to create millions in their MLM home business (before there was the internet – or DVDs or cell phones even) and that anyone can learn.

But the same cannot be said for online marketing – it is a skill that must be learned, and although it’s becoming more and more necessary to have computer and Internet skills these days it’s still nowhere near as natural or common as talking with someone face to face, or even on the phone.

Again, the Internet is a great tool everyone building an MLM home business should learn and eventually master. But also realize that in reality it does take time, it won’t happen overnight. Also realize that people start and join MLM NOT because they want to push out the time frame to quit their job or retire or reach their goals but rather they join because they see it as a way to get there faster.

Therefore start with the offline methods and begin to slowly integrate your offline recruiting methods with your online generation efforts. As you begin to create more and more leads online you can cut back on your offline efforts or simply continue to both and make that much more money instead.

What duplicates duplicates

Again, your team will do what you do. If you focus only or primarily on online marketing so will your team and you will lose urgency and momentum and therefore substantial growth of your team due to the 3-6 month learning curve your people will have to overcome (plus you don’t want them getting distracted and only selling products and tools – no residual income, no leverage of people, no team, etc – big mistake!).

What You Need to Know to Launch Your Home Business Online

A home business online can be a lucrative pastime or a serious business venture. It is a pastime when you do it secondary to your day job by working few free hours a week and enjoy doing it whether you get an income or not. A serious business when you conduct your home business online as your main source of income.

Both alternatives are available to you. It is worth trying it either way. One worthwhile advantage of a home business online is that you can launch it with little investment. In a home business online more effort you put to it more results and income you will get from it. If you are new to home business online and wish to know about launching a home business online here is a simple step by step way of doing it for your benefit and reading pleasure of course.

The first requisite for launching your home business online is a website of your own. There are several ways of getting one. Perhaps, you do not want to spend money to try out a home business online. Learning HTML will be useful. There easy to use free resources on the web like Nvu that can be used by beginners to format own websites.

Or else, you can set up on your own, in a few minutes, a free blog using Google blogger com or Word Press. You can then use your blog in place of website in your home business online.

And if you are prepared to spend some money to get a professionally done website you can hire the service of an expert and get it done to suit the needs of your home business online. Then you have to use a good hosting company to host your website. Or alternatively you can obtain, at a not so big expense, a turnkey website setup on your own domain. Such turnkey websites can be customized to your requirements. This is easy as most turnkey website systems come with hosting as part of the package and with a pre-written email campaign as well.

Next you need products to sell. It is not necessary to have your own products to sell via your website. You can sell other people’s products at a commission and/or affiliate programs etc., through your home business online. For this you can pick a niche market and a specific niche-segment (micro-niche) of it.

You have to choose specific keywords. These keywords need to be used to optimize your website by means of SEO. There are free resources on the web to learn all about SEO. And expertise is obtainable at a fee to optimize your website through SEO.

Once this is done you need to build your email list of subscribers. There are several such methods for building your list. This can be done by buying leads to add from your auto-responder or getting visitors to your site to subscribe to an email news letter etc. Then you have to set up an auto-responder with a pre-written email news letter campaign to promote your products or affiliate programs.

Suppose now you have a very attractive website promoting marketable products and you need sales. For this you need visitors to your website. That is traffic. To get traffic there are many ways. Advertising via ezines, banner ads, Pay per click ads, article marketing, and links are some of the popular methods that can be used. Articles are a free means of getting traffic links to your website.

The best way to get targeted good quality traffic is through search engine searches. For that you have to promote your site to be on the first three pages of Google and other search engines like Yahoo, MSN etc. This requires optimization for Search Engine acceptability, link popularity etc of your website.

These are in brief steps needed to launch and promote your home business online. There are few more ingredients that are needed. Those are a budget, a strategic plan, business goals to aim at, a vision to reach and consistency of purpose and enthusiasm to make you home business online a success.