|
Copyright 2005 Craig Friesen
I know it is better to be positive than negative. But
speaking from experience sometimes you can do things that
are bad for your home business without realizing it. You
might even think you are doing the right thing when in fact
you are hurting your online business. So here are some "top
5" ways you can throw your work-from-home opportunity down
the drain (and how to avoid doing so):
1) Have no plan, vision or goals.
Sure, you may find success in your home business by
accident. But you are more likely to keep your online
business alive (and have it grow) by setting some direction.
Besides, without a plan and destination how would you even
know if you achieved success? Do some dreaming about what
you would like your home based business to be in 2 years.
Then set some attainable but challenging goals based on your
vision. With your goals in mind, chart a plan for your home
business.
2) Do nothing.
"If you build it, they will come." Wrong - who told you
that? One of the most frequent mistakes made by newcomers to
online business is the belief that if they can just build a
nice looking website then they will earn money. Of course
some marketing ploys feed on that assumption, luring
Internet marketing rookies to purchase the only website they
will ever need. Just like an offline business, your online
opportunity does not usually sell itself. You need to
somehow bring potential customers or clients to your
business website. This takes hard work, consistency and
determination to succeed.
3) Do too much.
You can't do too much of the right things. But please do not
mistake activity for progress! I hear this all the time: "I
spend xx hours a week at my computer and not one sale!"
Quality not quantity, people. There are some promotional
activities such as writing home business articles (hey, like
I'm doing here!) and networking politely in business forums
that you can never do too much of. But some marketing tools
can be over used and actually harm your home based business.
Examples: submitting too frequently to some search engines
or blasting customer support with an endless line of similar
requests.
4) Join everything.
If it is free to join, why not? Affiliate marketers
especially are always on the lookout for the next great
business opportunity. What happens, however, is that unless
the business opportunity somehow compliments your primary
home based business then you are going to end up spreading
your efforts thin. Choose programs to join that provide you
with marketing leverage or which will enhance what you are
offering without providing unwanted competition. The other
danger with free progams is that once you join there may
very well be an "upgrade opportunity" that you will find
difficult to pass up. Be sure that this is what you want
before you click on the payment button...all those free
programs upgraded adds up soon!
5) Spend lots of money on advertising.
This is a tough one. You would think that the people who
spend the most money get the most traffic to their websites
and therefore earn the most money. While this may be true,
how much are you willing to spend to have the kind of
traffic volume to your business opportunity that is going to
pay off? It is really hard to tell. The best advice I can
give you is to take it slow. Track the results of every
advertising campaign so that you can assess how effective
the method or ad itself is. If you do not track your
marketing then you might just be throwing money down the
drain. Spend too much too fast and you might soon find it
difficult to keep your home based business running. You
might even adversely affect your current lifestyle by piling
up bills that you can't pay because the website advertising
you chose is not bringing you a good return on investment.
There are other things that can help your home business
become successful or kill it. And these may not be the "top
5" for you. Just listing these made me think of another 5
that have probably hurt my own home business. Time to make
some adjustments!
About the author:
Craig Friesen is a freelance writer and home business
entrepreneur. Find other articles, ideas, resources and
opportunities for home business or subscribe to the free
newsletter.
Circulated by
Article Emporium
|