When things went sour in my small office job, I went seeking alternatives. The trouble was I felt burnt out by office politics and personality crises. I just could not see myself shifting to a similar position, with slightly better pay, always sacrificing what I wanted in life because I could not afford it. I turned to the internet to see if I could come up with a viable working alternative.By reading this article you will gain insight into the Home Based Business industry and what it means to move your income producing activities out of the office. You will learn the difference between the terms ‘Home Based Business’ and ‘Work at Home’. By taking the time to sit down and define what you really want for your working life, you will be able to decide whether to re-skill to increase your income, or to up-skill to increase your knowledge and understanding and change your profession.Most people’s work is now firmly connected to the internet. So why not consider it as an actual workspace. A workspace where you decide when, where and how you will work, using the mechanisms and structures already in place on the internet. The Home Based Business Industry is booming simply because more people are taking advantage of the internet. Most people already have the tools necessary to work from home; a computer, a telephone and an internet connection.There is a big difference between a Home Based Business and a Work at Home job. A job means working for someone else, getting paid for the time that you spend doing the work. Working from home spares your boss the cost of renting space and buying the equipment you need to do the job. A Home Based Business means that you take on the set up costs and are responsible for getting your business running. The risks are greater and usually the profits are higher. A good Home Based Business should have leveraging in place so that as your business grows you take a bigger percentage of the profit.Now that you understand the difference between a Home Base Business and Working From Home, it is time to decide which direction you want to go in. Using the internet to search for Home Based Business will bring you a different set of search results compared to Working From Home. The clearer you are about what you want the better your search results will be. The same is true for the kind of work that you are seeking. So spend the time to define the exact criteria of what you are looking for.Re-skilling, up-skilling, studying, or going to university to improve your job prospects and your financial earnings seems to be part of everyone’s agenda these days. The unfortunate thing about it is that it does not help you change your mindset about how you earn money. Improving your skills will get more job satisfaction and better pay, but the pay structures always seem capped. To earn more you will always have to work harder. If you are going to work for someone else, the profits will never be yours. This is why many people set out to run their own business, they want a bigger slice of the profits for the work that they do. And isn’t this fair enough? The joy of Home Based Businesses is that the set up costs should be relatively low. They should remain low while you are learning about the industry and getting the infrastructure set up for yourself. A good Home Based Business will have training and support structures in place so that you are gently guided through the set up process and begin making money within a relatively short period of time.Get real about starting a Home Based Business. No matter which company you decide to go with chances are you are getting involved in direct sales or multi level marketing. Whichever it is, there will be a learning curve, no matter how easy the company appears to make it. Remember, learning plus action gets results. If you get stuck on the learning curve, chances are there is not much money coming in. Working From Home requires that you do the work asked of you and you get paid your hourly rate. Whatever direction you decided to take make sure you do your due diligence to ensure that you are working with a viable company. Working from home should provide you with the environment you want to work in and the lifestyle you want to live.I have always striven to be creative in my work. An artist at heart, I believe my creativity wants to exist in more places than just on the canvas. Working for someone else was never going to make me completely happy or wealthy. After much research I decided to be a part of a Home Based Business and I have been enjoying the rewards ever since.
Plan To Succeed With Information Product Creation: Why You Need To Split Your Process Up
One of the keys to succeeding in information product creation is to break the process up into discrete steps. This frequently isn’t an instinctive reaction for the typical information marketer. Especially on the internet where small sized learning products are the norm.
However, it is extremely important to your ultimate success. In fact, I would go so far as to say that if you don’t do this you probably won’t succeed… even when you are starting out let alone as you move forward.
Your product creation system should do this for you if only to help you to understand the overall task.
But why?
In this article, I’m going to ignore chunking and focus on the practical aspects. That’s not to say that chunking isn’t important. It is. It’s important to understanding and to learning the process. But while you can use the same chunks as you move forward, long term your focus needs to be on the operation of the system not the understanding of it. Unless of course you are constantly training new people!
So why is chunking important to long term use of the product creation process? (Yes, I know systems design uses a different term for this process but I’m not teaching you systems design. So I’m going to use the word learning content designers use.)
The first reason that having individual discrete tasks is important is one of schedule estimation. Frequently it is very difficult to estimate how long the total task of creating a product will take. After all, the size and type of the products matters as does the number of products in your product funnel. And those are just the most obvious elements. However, estimating a discrete task is often much easier. The total can then be estimated as the total of the discrete tasks.
Secondly, scheduling a large task can be problematic. However, by segmenting the task into a number of discrete tasks, you gain a much greater flexibility in scheduling. Not only that but as your business begins to add people you are able to schedule multiple people to the product creation.
Finally, segmenting a large task into smaller discrete tasks allows you to have much better control over the product creation. This affects two different areas — status and quality.
By segmenting your process into discrete tasks you are able to schedule and record the progress at much more detailed level. As a result you are more in control of the status of the product creation. You know what everyone is doing. When they should complete it. And how much it should cost. You also know exactly what has been done.
You also improve your overall quality. Instead of waiting until everything is done you can check quality as you go. This allows you to immediate react to low quality products without absorbing their costs. This means that you have less rework and your rework costs less. And if the product is not going to meet its quality requirement you will know about it in time to stop the development, change the requirement or fix the product.
Effective Marketing Strategies in Product Creation
Marketing includes matters such as pricing and packaging of the product and creation of demand by advertising and sales campaigns. There are other options, of course, like product creation, resale rights marketing, joint ventures and the likes, but they are merely secondary to the above.
If you take the freelance route, it is important to ensure that all rights to profit from the final product, or any materials produced in its making, remain yours. Bookkeeping, physical product creation or delivery of goods can be done better with specialized help. Determining the purpose of the product is vital in niche product creation.
Implementation of Methodology – The choice of implementation of Six Sigma methodology depends on whether development is required on existing processes (DMAIC) or on new process/product design creation (DMADV). Determining what you really want to sell, something that you can be relaxed selling is the first step at the creation of a niche product. With the technological advancements in the hosting industry, from automated control panels and scripts that simplify creation of accounts; to complete turnkey solutions, there is no excessive need to worry about spending time on the actual product sold to the customer.
For instance, you should be prepared to either perform yourself or to subcontract the completion of the following tasks:- Product idea research (are there any existing products or patents already existing for this idea)- Product specification document training (what it will do, how it will look, how will it be powered, and how the user will interface with it)- Marketing study (what it will be named, who would buy this, how much would they pay, how will we get customers to purchase the product)- Schematic or electronic circuit design process- Creation of a bill of material or BOM and an approved vendor’s list or AVL for each component in the design, preferably with multiple sources identified, with a BOM and AVL for each assembly level in the product- Printed circuit board layout design process (single sided board, double sided board, or multilayer board; size of the PCB; board material)- Mechanical packaging design with user interfaces (displays, buttons, switches, key. This removes all product creation costs from your budget as a marketer.
No other database of affiliate programs offers such a possibility for profit on either the affiliate side or the product creation site. Your chosen niche should allow for the creation of more than one product or service.
There are several marketing strategies that are necessary in the creation of a successful e-commerce web site – Email marketing (broadcasting) of prospects/customers – Effective use of auto responders (generate automatic email messages) – Online Newsletter – Online Form / Survey to capture your prospect’s email address – Electronic Product Delivery (if you sold a digital product) – Advertisement (Ad) Tracking – Back End Sales – Affiliate program etc.