The earn $5000 a week challenge to make money online in a work from home internet marketing business

This series of letters will inform anyone who is thinking about starting a home business on the foundations of what is necessary to take up the earn $5000 a week challenge, and what they need to know to make money online in a work from home internet marketing business. thebusinessdays

Day6.   DEVELOP SOME STRATEGIES

Great, you are well on your way to starting a home business. Now it time to develop some strategies to helping you achieve the earn $5000 a week challenge to make money online in a work from home internet marketing business

The first thing people do to make money online is to immediately spring into a whole lot of actions. Actions that are all over the place. You have done that in the past. How has it worked for you. Has it been successful, then continue.

If you are like for most people, and you never get to your goal, then lets do something different. bareng88

Lets follow the process that was taught me by my coach and mentor in the results system of coaching.   You can either start with the current reality or embedding the vision. We have already talked about the vision.

Lets accept the goal as set in the earn $5000 a week challenge. That is to make money online in a work from home internet marketing business.

Strategy 1   Establish the base line

People starting out in a work from home internet marketing business often avoid dealing with reality. They don’t know how much money they have to invest.

And don’t say “I have nothing…” Everything costs… you might have to borrow against your policies or from your parents.

What are the expected costs of what you are thinking of getting involved in,   make a list of things which need budgeting for. Include advertising budget etc.  storygame

This is the strategy that is about collecting the numbers.   How much for this and that. What profits do I expect to make from each sale. How many sales do I need to make. Am I doing this part time/ full time.   What are my living expenses. Rent food etc.. Some business can be started out of a garage… Microsoft and Google did.

Work out the time available each day for my new business

Have you been through the starting a home business before?

 

  • Did you actually start something?
  • What did you learn?
  • What did you do well and what would you do differently this time?

Strategy 2  Is around coming up with a range of options for achieving the goal. 

If this is about reducing costs so that you can survive while you get the work from home internet marketing business up and running then sportsyearly

 

  • List 30 ways you could reduce current costs.
  • List 10 ways you could save money in your day to day life.
  • Do some research on cost cutting tips … etc

 

Look at training options, mentoring to help you etc.

If it is about “I don’t know what business to go into” then list 30 things you like doing

 

  • List 30 possible options of businesses that meet my criteria…. ( make sure you have a list of criteria)
  • Get a whole lot of ideas.

 

That should get you going in the earn $5000 a week challenge to make money online in a work from home internet marketing business for now.. Remember you are starting a home business . Do the homework because the plan will be based on it. Don’t just rip and start something… that will cost you a lot and you want to set yourself up for success not failure.

For more information http://www.InSearchOfaHomeBusiness/?t=ea1 [http://www.InSearchOfaHomeBusiness.com/?t=ea1]

Who is Leonard Schoots

In my one role I am an executive director in the health industry responsible for organization expansion. What I do is look for entrepreneurs who want to make money without constantly having to work for it and partner with them in business through leadership development.

In my other role I am a certified personal and business coach responsible for individual and team empowerment. What I do is facilitate a powerful process which highly improves individual and team impact and performance through mind transformation.

I have entered into The earn $5000 a week challenge to make money online in a work from home internet marketing busines