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Home Based Businesses: Developing a Routine
http://www.freelanceathome.net/articles/9/1/Home-Based-Businesses%3A-Developing-a-Routine
Alex Smith
 
By Alex Smith
Published on 12/18/2006
 
Whether it be Marketing, Poker Playing, Web Page Development, or making widgets - a home based business is much much harder than all of these "make 9000$ a month!" schemes let you know. It takes an enormous amount of self-discipline to be able to support yourself from home - and in more ways than you would think.

Home Based Business Opportunity: Secrets
Do you have a home based business opportunity or program?

Are you doing any affiliate program?

What type of home based business opportunity are you doing?

Are you a shining success in the home based business opportunity that you’re doing?

Are you making enough money and are you financially secured?

Read on, to discover how to succeed in any home based business opportunity and create true wealth.

Most people rush into a home based business opportunity for various reasons.

Some people are tired of working in jobs and desire a home based business opportunity as away to escape from the 9-5 job rat race.

Some other people desire a home based business opportunity so as to earn extra incomes to supplement the money they make at their jobs.

Other people desire home based business opportunity because of the comfort and freedom of working from their homes and the power it gives them to control their financial destinies.

There are some people who have gone into a home based business opportunity because they are retired and need something to keep them busy.

When the internet gold rush happened about 6 years ago, millions of average people all over the world rushed into different types of home based business opportunities because they bought the internet hype of get rich fast.

Millions of companies were born overnight and they began to offer free affiliate programs.

Millions of people signed up with the mistaken notion that just by signing up and getting a free website to promote a home based business opportunity that they will get rich over night.

This gave birth to various internet promotions and marketing.

One of the most annoying internet promotions was spamming.

This in turn gave birth to anti-spam activism which has almost wiped out spamming.

After 1 or 2 years, most of these millions of people who rushed into home based business opportunity had to admit failure because they were not making any money.

Their dreams of fast internet wealth were shattered.

As a way to console themselves, they started branding all and every home based business opportunity as scams.

Most will buy a home based business opportunity and after they download or receive it will claim that the home based business opportunity is a scam (even though they have not tried it yet and have no proof) and apply for a chargeback and a refund so as to eat their cake and have it also.

By so doing, they ripped off the sellers of these home based business opportunities.

While some of the companies that promote home based business opportunity may engage in deceptive advertising, it is not true that all home based business opportunities are scams.

Most home based business opportunities are valid and can make the buyer a lot of money.

The problem is that most people that buy home based business opportunity are not capable of doing them.

Most don’t have a clue about marketing and internet promotion.

Most of them buy the programs or sign up in free affiliate programs and after they get the websites they don’t do any serious marketing.

A lot of these people don’t even know the difference between selling and marketing.

I have known some of these people who don’t even know how to write a simple business letter or e-mail.

They write an e-mail without beginning it with a salutation and at the end of the e-mail, they don’t include their names or phone number or physical address.

When they phone you and leave a message on your answering machine, they don’t even know that they have to state their names, the reason why they are calling and their own phone number and the best time you may call them back.

Most of them don’t even know how to create a folder or save or upload a file, or install a software and yet they had signed up in 100 different affiliate programs and home based business opportunities and had dreams of making a million bucks overnight!

Is it any surprise that these people fail miserably?

The least that any serious business person should know how to do should be how to write business letter.

Most of the people that fail in home based business opportunity have no discipline.

They have the mistaken notion that working from home and doing home based business opportunity program means that they can wake up anytime they like and that they can choose whether to work or not and when to work or not.

They fail to realize that doing a home based business opportunity can be more demanding than doing a regular job.

Doing a home based business opportunity requires more discipline and competence than a regular job because you may have to do many different chores all by yourself since at the beginning you probably will be working alone may not be able to hire helpers.

This means that you may have to play many roles and do so many things all at the same time.

You may be forced to become a website designer, a copy editor, a sales person, a customer service, a spokes person, an attorney, a book keeper, an accountant, and a publisher all at the same time.

This is one of the biggest reasons why most people fail in home based business opportunity because they are unable to play all these roles at the same time.

Another reason why most people fail in home based business opportunity is that they don’t spend enough money to promote it.

To attain success in any home based business opportunity may require that you spend thousands of dollars.

But most people spend $25 a month to place an ad and if they don’t make any sale conclude that the home based business opportunity doesn’t work and give up.

To succeed in any home based business opportunity may require that you do different types of marketing.

You may have to do both online and offline marketing.

You may have to do many press releases in order to get free publicity and generate free traffic to buy your home based business opportunity.

Above all, depending on the type of product or service that you’re promoting, it may take time for you to start seeing a return on your investment and to become profitable.

Unfortunately, most people that get into home based business opportunity lack patience because they are looking for quick ways to make money.

For that reason, they don’t do enough marketing and internet promotion and don’t network and don’t spend enough money to generate traffic and so consequently they fail.

But when they fail, they are unable to admit that they are at fault.

Instead they blame the home based business opportunity and the company who sold it to them and label all home based business opportunities as scams.

I have not done many home based business opportunities or programs or affiliate programs because I had been lucky to discover a very easy way to make money by investing in foreign currencies safely on the internet (Foreign currency trading or forex trading)

Perhaps you know about only stock or bond trading which are common, but not foreign currency trading.

Foreign currency trading is the most profitable and attractive home based business opportunity because you can do it from home or office and from any country in the world.

In foreign currency trading, you don’t need to do any marketing or selling or internet promotion to succeed.

In foreign currency trading, you don’t need to spend thousands of dollars to do any promotion.

In foreign currency trading, you don’t need any stocks or warehousing.

In foreign currency trading , all that you’ve to do is open an account with one of the brokers with as little as $300 or $2000.

Then follow simple instructions to buy and sell the currencies.

When the price of the currency is low, you buy.

In a few seconds of minutes, the price will go up, and you sell it and make a profit.

By so doing , in a day, you can easily make $500-$1000 by just buying, selling and trading these foreign currencies for about 3 or 4 hrs!

And get this:

You don’t even have to be stuck sitting behind your computer buying and selling these foreign currencies.

You can enter all your buy trades and specify the sell prices you desire and then log off.

Whenever the values of these foreign currencies rise and your selling prices reach, the currencies will be automatically sold for you and you make money!

You can do foreign currency trading and at the same time keep your day job, because in foreign currency trading, there is no work to do.

In the future when you have made hundreds of thousands of dollars, you may then quit your job and just keep doing foreign currency trading forever and go on permanent vacation!

To understand the beauty of foreign currency trading Picture this:

In the morning, you get up from sleep at 6 am.

You go to your bathroom and have your shower.

At 7am, you hurry and eat your breakfast.

At 7.20 am, you login into your foreign currency trading account on the internet and spend 10 minutes to buy about 3 or 4 different currencies, [for example British Pound, Euro, CHF (Swiss Currency) and Yen (Japanese currency).]

You can specify the price at which you wish to sell each currency.

Then you can log off.

By 9 am, you’re at work in your office or business place.

You do your job as usual and by 5 pm, you’re finished and heading home.

When you get back home around 6.30 pm, you login into your foreign currency trading account to see how much money you’ve made.

Holy Molly, there in your account it says you have made $750!

“Is this for real?”, you wonder…

Yes, it is. (Your eyes are not deceiving you…)

$750 in a day for just clicking your mouse twice and doing no work?

(Whereas at your job, you work 8 hrs, but make only probably $150..)

This is how easy it is to make money from foreign currency trading.

But before you use real money to open a live foreign currency trading account, you have to open a free trial (demo) account and practice first, to understand how it works and to acquire the right skills.

This free demo (trial) foreign currency trading account will help you to reduce a lot of risks that can lead to loss.

In foreign currency trading, you can choose how much money to invest, how much money to make and when to make it.

You can make money daily, 365 days all year.

Your computer can be transformed into an “Atm” machine that cranks out cash for you daily without large investment or hassles.

In foreign currency trading, you can choose what type of risk you can manage, when to invest and when not to invest.

You’re the boss.

When foreign currency trading is compared to other investment programs such as stock trading, bond trading, mutual funds, real estate and regular business, it is evident that foreign currency trading is the fastest and greatest way to make money in the world.

Foreign currency trading is a 2.5 trillion dollars daily business and it is larger than all the stock trading in the world combined.

These are some of the reasons why I believe that foreign currency trading is the best home based business opportunity.

Perhaps from reading this article you’ll now come to know why foreign currency trading is the secret behind the greatest wealth on earth and why it has been kept hidden from the average people of the world and therefore little known to the masses.

May these home based business opportunity insights open your eyes to the possibility of infinite wealth and success that can be yours.

Warmly,

I-key Benney, CEO

Home Based Businesses: Developing a Routine

Whether it be Marketing, Poker Playing, Web Page Development, or making widgets - a home based business is much much harder than all of these "make 9000$ a month!" schemes let you know. It takes an enormous amount of self-discipline to be able to support yourself from home - and in more ways than you would think.

You get to wake up whenever you want. Work for as long as you want. Eat, Sleep, and Play whenever you feel like it. For most people, this freedom can be overwhelming. Many are unable to fully balance out all of their necessary daily activities simply because of how easy it is to slack off.

"Wow, I made 1000$ yesterday! That calls for a day off!" - WRONG!

This kind of thinking is short-term and will eventually put you in a much more difficult financial situation if these thoughts go unchecked.

Developing a daily routine is key to any successful home business, and is usually overlooked in business blogs or "Get rich quick" books.

Below, I will highlight and quickly explain the 5 key ingredients to maintaining a healthy, successful, home-based income.

1) Regular Sleep Schedule - This is fairly self-explanatory. Waking up and falling asleep at regular times helps keep your mind balanced, you think more clearly, and you can focus on your profession much better than you could with sporadic sleeping patterns. Save your late-night bar trips for the weekends. Just because your boss is not going to chew you out for waking up 2 hours later than normal - does not mean that there wont be negative effects if you do.

2) Exercise and Diet - This is EXTREMELY important and usually overlooked by home-based professionals. Eating right and exercising are a very important part of a balanced day. Your mind is much quicker and more efficient after a workout, and your body is directly effected by the things you consume during the day. When I was playing poker professionally, I would spend 1-2 hours at the tables, and then take 15 minutes to do floor exercises between poker sessions. This kept me sharp, focused, and calm while I was playing. I made decisions faster and more accurately. Exercise plays a major role in every persons' life.

3) Maintaining a Social Life - This aspect of your day needs to be kept in check on both ends. You definitely want to go out and socialize on a regular basis. It will help you develop connections for your business, it is enjoyable to be around the people you like, and it will keep you from losing your sanity to solitude. On the other end - do not go overboard and commit too much of your time to your friends. If you let them, your friends will consume way too much of your personal time. Time you could spend making more money, or maintaining your balanced lifestyle. As is the case with all things in life - a balance is needed.

4) Avoid Excessive Alcohol/Recreational Drugs - Poker players need to be especially cautious of this, as many will run into much more money than they have ever had before. A recreational smoker can turn into a full-blown pothead very quickly. I am not going to try to claim that any of these things are going to hurt you very much if used in moderation. We have all experimented in our time, and there is nothing wrong with enjoying yourself occasionally - but the kind of money that home based businesses bring in can quickly turn an enjoyable past-time into a daily habit. You ca not work when you are drunk. You can work, but maybe at 50% productivity, when you are stoned. These are things that will cut deeply into your profits if you let them, and in more ways than one.

5) WORK YOUR ASS OFF - When it is time to sit down and work - do it as efficiently and as well as you can. This is the income you (and perhaps your family) live off of. This is your profession. Be the best every day and work hard every day. Put in those hours at the poker table. Write all of those articles to drive traffic to your website. Make and promote those widgets as hard as you can. If the television is on in the same room you are working - you are giving up time, attention, and essentially money.

It took me a good year and a half before I really understood the responsibilities that come with working from home. Now that I have my routine down, I rarely break it. I am in great shape, I am healthy, and I can focus on work for the 8+ hours a day I need to. I am confident that I will be able to continue doing this as long as I please.

I hope this helps the rest of you aspiring self-made millionaires.

Daniel Wallace is a 21 year old entrepreneur with a strong computer background - with skills ranging from Computer Programming, Web Page Development, Professional Poker, Real-Estate, and Internet Marketing, he has successfully supported himself since dropping out of Purdue University in 2004.

He is currently the co-developer and creator of Sixth Sense, (http://www.sixthsensepoker.com/) a revolutionary online-poker table selection tool.

His personal blog, "Succeeding as a Dropout" can be found at http://danielcain.blogspot.com/

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