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Posts Tagged ‘home based business’


Thursday, January 14th 2010

Successful Home Based Business And Residual Income

In today's economy starting a successful home based business and earning a residual income sounds like a dream come true. With a few easy steps you can go from making it sound like a dream come true, to reality.

In order to be successful you will need a business plan. You will need to detail your goals and how you plan to achieve your goals as well as what you plan to do to earn this income.  Start slowly and work your way up. No one gets to start at the top.

Once you have detailed out your business plan you will need to start setting your business up. Set up a website and get organized because it is time to get to work.

Your website should be easy to remember and should show freely what you do and how to access you for your expertise. Don't sell yourself short here, research similar Websites and be willing to negotiate whenever possible.  Keep your fees comparable and keep yourself in the market.

If you have done this work before you might consider some testimonials on your website. Ask your friends or family that you have done this work for in the past if they would mind giving you a brief testimonial to use on your website. It doesn't have to be long, it just needs to show that you are capable and can be trusted with quality work. It might also encourage your customers to become repeat customers which is a great way to start with some residual income.

Your home based business can be as small or large as you wish. Build it up slowly and create a great rapport with your customers and you can even offer an incentive for them if they refer someone to you as a customer. Creating repeat business will help you to keep your income going and to advertise.

Speaking of advertising, you will want to make up some business cards and hand them out whenever the opportunity arises. Leave them at restaurants with your tips, put them in that jar at the cash register to win a free lunch, send them with your check when you pay a bill, give a teen or youth a few dollars and have them hand them out in a local parade or put them up on bulletin boards whenever you see one. Whatever you choose, business cards are basically free advertising and a great way to blow your own horn.

Now that your business is up and running, remember that having a home based business and earning a residual income is also your job. Don't let your home's daily distractions distract you from your new job. If you aren't using your phone for your business, let the answering machine get it or at least screen your calls. It's okay to ignore the phone when you are working.

If the children are out of control, work out a deal with another work from home parent whereby you trade the children for a few hours a day or only work when the children are in school.  You can be successful and make a living working from home if you pre plan your business and your family life.

My World Plus - "Top Rated" Residual Income Generating Home Based Business

posted by Chris Simpson    No Comments »




Wednesday, January 6th 2010

Helpful Tips For A Successful Home Business

If you're going to run a business from home, you need to understand what it is you're selling. It's not just enough to know you're selling Tupperware, Cosmetics, Cleaning Products or whatever it is you've chosen. The most important thing you must do is learn everything about your products. Not just the cost and the name.

Let's use cosmetics as an example. Naturally your own experience with various products will help you in some ways, but you need to know the colors, sizes, life expectancy, textures, functionality and prices of every product in your range.

It's easy to miss a sale if a potential customer asks you a question you can't answer. Obviously it's difficult to know all the details about every single item, but it's vital you keep a master reference catalogue for yourself and have it marked in sections.

Then you can find answers if you don't already know them. No answer means fewer sales. Eventually you will learn more. You won't have to rely on your written material as much, except for product updates and additions.

You must also have personal knowledge of the products you sell. It's harder to sell something if you can't truthfully explain how it works, or in what situations its best used. You have to either use the products yourself, or keep in close contact with your customers and encourage their feedback, so you can build your knowledge.

If a new customer needs advice on how to use a certain mascara or eye liner, and you only know what's written in the catalogue, there's less chance of a sale.

Always be confident in what you're doing. Believe in your products and use them. Wear them when making a presentation as that speaks volumes in terms of proving you're "walking the walk." Your audience will notice things like that. If you're trying to push certain items, try to be wearing some of them. That will encourage questions and inevitably lead to sales.

When you combine your self confidence, your product knowledge and personal use, you'll be able to easily discover ways to make sales simply by asking the right questions and letting the customers talk themselves into making the purchase.

Customers hate pushy salespeople. You've probably experienced the feeling when you walk into a store and, within ten seconds, a sales assistant appears and asks if you need help. If you tell them you don't, they will hover until you decide you do want help or you move away. So don't be too pushy.

However, don't be too embarrassed to ask for the sale. You know the products you're marketing are great. Otherwise you wouldn't be selling them. Don't be scared to ask for the sale.

Once you've secured that sale, take it a step further. Suggest the purchase of another product that goes well with the first one. The worst thing they can say is no. But if they agree, then you have made more money and created a happier customer.

Without expert product knowledge and a high level of self confidence, you won't become successful. Work smart today and you can reap the benefits later.

posted by Chris Simpson    1 Comment »




Tuesday, January 5th 2010

The Goal Setting Secret That Will Help You Make More Money

If you have a job as a sales person, what do you think the most important goal would be? If you answered "selling," you would actually be wrong. Stop scratching your head and thinking that this sounds stupid. There is a huge difference between what the most important goal is and what the end goal is supposed to be.

One end result of any salesperson's job is definitely to make sales. That is very obvious. If you don't make sales, you don't make money. If you don't make money, then you will be fired (if you are employed) or you'll be failing miserably if you are self employed.

In order to make sales, you have to forget about selling for the moment and focus on the customers. Learn what they need and find the best way to fill those needs. You're in a room full of people. You have just completed a demonstration of your fantastic Tupperware containers. So how do you cope with 10 people all at once?

The answer is simple. Don't worry about coping or selling at this point. You have products right in front of your audience that are of high quality. You've just explained their benefits and features. Now your guests have the chance to examine the merchandise up close.

You've also explained the other important element of this presentation. Anyone in this room could be doing exactly the same as what you've just done. They can set themselves up in business the same way you did. They could stand up in front of a group of interested people and present this great range of products and offer this opportunity for people in their audience to do the same thing.

Out of the group of 10 that you have in the room with you, people would normally fall into one of 3 categories. The first is someone that will definitely buy from you because they always support their friends and probably have a houseful of things they have bought over the years, but don't ever use.

The second group is the ones who come along with arms folded and closed body language, knowing that they won't spend a cent. The third group is the ones with a genuine interest who may or may not make a purchase. Any of these people could also become interested in running their own business as well.

Whilst you were doing your presentation, you should have been watching the audience and trying to work out who fits into each of these categories. That information can help you once you're finished. However, don't prejudge people. Anyone can change their mind, depending on what you do because, whether you realize it or not, they're looking to see how successful you are. This is especially important to them if they are thinking of doing the same thing. You'll be their mentor and they have to determine if they believe you can handle the job.

So now you're asking yourself "how should I best spend my time and help all these people?" So you don't miss out on any potential sales, ask if anyone is in a rush to leave. Someone may need to get home to a babysitter, go to work or have some other time commitment. Deal with those people first. Also remember to give them a business card to take with them. They may decide later that they want to buy something, but were too rushed today. No business card means a sale walks out the door.

Then simply deal with questions as they arise. Show the products, catalogues and prices to people who are interested. Make notes if you need to. Always ask people for referrals. If you are running a home based business, referrals are gold. You don't have to go hunting for them. Give a business card to everybody there. It's called "word of mouth advertising" and money can't buy it.

If there's anyone wanting to become involved themselves, save them until last or organize another time to discuss that further with them. That's naturally going to take more time than selling the products.

After everyone has left your house, you'll sit down and then one simple thought will dawn on you. You didn't worry about making sales. You didn't stress about your bills or your goals or anything. You just did your job. You helped the people in the room get the best they could from what you showed them. Then you count your money, look at the pile of referrals and realize that you actually did achieve your goal for that day. It's not that hard, is it?

posted by Chris Simpson    No Comments »




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