What Is The Best Home Based Business To Start When You Have Already Tried Most And Failed.
So you might be at home constantly trying to figure out what is the best home based business to start. Well that is a tough question to answer as everyone is different but I can tell you at least offer you some of the most relevant options that are out there and you can make a decision from there.
I remember when I was first starting out, I would always be looking for something that I could do on the side. The problem was all the things that you can do on the side typically were just a scheme to take your money and leave you with pennies or worse nothing to show for it.
You have probably heard of or tried many things that felt like the where the best home based business to start at the time but after trying it for a while you found that it had way more caveats. Those videos or E-books that sold you on a quick instant success black hat type products that usually have more holes in the program than fishnet pantyhose.
There could also be times where a friend may have talked you into some popular network marketing business opportunities such as ( Avon, Herbalife, Amway, Javita Coffee, Organo Gold, Le vel Thrive, Usana, The Empower Network, DS Domination etc.) that really turned out to be more of you being a customer buying in products monthly and less of you actually selling and making money unless you start recruiting people to do the same.
Now all of the options I have given examples for above are not complete outright scams but they are right on the border. The best way to explain this is by letting you know that the reason MLM/network marketing companies force you to buy in certain amounts of products a month is because without that product they would just be a Ponzi Scheme. When they ask you to buy in products and sell them yourself every month that makes it supposedly a business.
The thing that everyone needs to remember just like with gambling, lottery and Ponzi schemes is someone will always win at some point and they will show them everywhere to make people believe it’s possible when really most likely you will just lose your money. Now I know if your one of those only positive thinkers who believes they can win the lottery or beat the house gambling or make money at the top of a Ponzi scheme then MLM could be for you. For the rest of us that want to think more logically, you may want to find something that has higher chances for success.
Many get tied up into these traps because they have not been through it before and usually after they quit will vow never to do it again. Many times people just do not realize that they could get into business for themselves online. Most people think that they will not have the ability to set everything up online and start their own business. Well I am here to say you can and I will show you later in this article.
The Best Home Based Business To Start | What Are Your Options
So there are many different paths you could take such as:
- Doing Freelance work (i.e editing, writing, translating, social networking for other etc.)
- Selling crafts on Etsy
- Manufacturing your own product on Alibaba and selling on E bay
- Buying on amazon and selling for higher on E-bay (retail arbitrage)
- Selling services on freelancer websites and then outsourcing the work and keeping the profit (freelancer arbitrage)
- Creating your own forum
- Creating your own Membership site
- Making your own product
- Being an affiliate marketer
That is a basic general list of the types of things that you can do in every niche market or category.
So how do you figure out what you want to do and what niche you want to do it in. Well first you have to ask yourself what can you do. Then ask yourself what are you not willing to do or can’t do. Then go through the list above and figure out what your possibilities are.
So first you would ask yourself… can I write edit or translate or anything that people outsource?
No…. .Then move on
Yes… Then look into becoming a freelancer at sites like O desk, Guru and Sciptlance and set up a profile and start getting jobs.
Do you make crafts or jewelry and like and enjoy doing this?
No … Then move on
Yes… Then consider making a few trial jewelry pieces or special crafts and set up an Etsy store and give it a shot
Are you familiar with E-bay or feel you could create a product on Alibaba, then buy in bulk and sell on E-bay?
No…Then move on
Yes… Consider setting up something with Alibaba and get a hot selling item in bulk and resell them individually on E-bay
Are you on Amazon all the time and know how to find cheap deals?
No…Then move on
Yes…You could maybe think about buying products on Amazon and then drop shipping them to Ebay buyers and vice versa when you find a price difference that you could profit with.
Do you understand outsourcing but don’t have any skills you could sell services at a high rate and then outsource them much cheaper and be the middle man and keep the difference.
No…Then move on
Yes…Then you could start a freelance arbitrage business and get people who want websites to logos and graphics done and you take the job and take care of any headaches and get it outsourced for cheaper and keep the profit.
Do you know how to build a forum or would you be able to moderate and talk about a specific subject all the time and moderate peoples comments?
No…Then move on
Yes… Then you could set up a forum, talking about anything that you feel your interested in and others are to and possibly if the market is being undeserved then a forum is worth it’s weight in gold and you can make lots of money advertising once it grows and commands a huge audience.
Do you feel you could create membership website with information that people would pay money for and that you could continually update with new info about a certain topic or niche?
No…Then move on
Yes… Then you could create a nice membership site and charge a monthly fee for things like pro bass fishing strategies, elite golfing techniques, sales and marketing methods etc.
Do you feel that you have enough info on some topic or task or hobby that you could write a full book or make a video product about?
No…Then move on
Yes…Then you could consider building your own E-book or CD-Rom or video course explaining something and sell the package on How To do something
Do you feel that you could just write about things that interest you and then give people a link to go to the product or service and you make commission?
No…Then move on
Yes…Then all you need to do is set up a basic website, learn a little SEO and keep sharing helpful relevant content and then linking to a affiliate that you signed up with and make money this way (if you have not guessed this is the best way to make money when first starting out and is the way I currently make most of my money.)
I know this may seem like a lot of questions to ask yourself and you will still need to do a little more research in any of the markets your interested in. I just see so many blogs listing opportunities that really don’t take into consideration if you can or if it is reasonable. When you go through the questions above they will help your brain make the decision quickly based on what it already knows.
Many times people don’t consider what it takes and just get sold on how much profit can be made. If you focus on money you will get very little if any money in return. If you focus on something you at least kinda like and do a good job and serve others and over exceed expectations you will rise to the top of anything that you try.
Ok So I Know Your Probably Still Asking Yourself What Is The Best Home Based Business To Start?
If I was going to answer that in my opinion I would say affiliate marketing….Why?
Because it’s the only thing that you can really make good solid money from without having to create a product, have any extreme expert knowledge or buy in inventory. Affiliate programs are everywhere and companies use affiliates to spread the word. Not only are the top guys making money but the smaller guys have chances to still make money as well. MLM and network marketing unlike Affiliate marketing can’t make any real money until you recruit others to sell under you and you make a percentage off of their work. With affiliate marketing you make a sale you get the commission and does not matter if you signed up uncle Pete or not.
What is Affiliate marketing?
The affiliate marketing model is the best home based business to start and it has the lowest costs and has the biggest earning potential. Affiliate marketing is selling other peoples goods and services for a commission. The best way to start being an affiliate marketer is to know how to build a niche website/blog and start writing useful content with specific keywords that it..
Well if it is so easy why isn’t everybody doing it?
Well the tough part lies in the fact that everything that you start that is worth a damn always takes hard consistent work and many are not willing to do this over the long haul and give up. You have to know how to build a blog and write SEO content that captivates and that is original.
This article that your reading now has all my blood sweat and tears poured into it just so people can take it into consideration and hopefully come back. Now if you can get guidance to do all this and help with all the technical aspects of setting up a blog plus have a community of like minded people to talk to that share your same interest then this is not hard to do at all and just takes trusting a simple process.
What is nice about affiliate marketing:
- People already may trust the brand your representing ( for example Amazon)
- You find something your interested in and there is probably many affiliate programs for it
- Very easy set up for beginners, well at least much easier than making your own product
- You do not have to buy in inventory or worry about shipping costs or taxes or getting payment processors or even returns etc.
- The higher the product cost the higher the commission and you did not have to do anything different but explain it.
- It is somewhat inexpensive to start up an affiliate website or at least much cheaper than most of the options out here for home based business.
In Conclusion What Is The Best Home Based Business To Start With
Well unless you have other talents to make your own product or love writing novels or making video courses or translating or making crafts or have a ton of time on your hands to run a forum, the choice is usually pretty simple. It is much easier and more profitable at least in the beginning to just to set up a website and become an affiliate.
Start off with affiliate marketing for the sub niche of your choice and then slowly work your way into possibly doing other things like maybe writing a amazon kindle book or creating your own product that helps affiliate marketers once you learn affiliate marketing and try it for a while.
Once you get the ball rolling with affiliate marketing you can do anything but if you start something that doesn’t get the ball rolling you may never get any momentum and just give up. So when your looking for a program that teaches affiliate marketing the best thing to get is a mentor that has already done it. If you can’t find a mentor like 99% of us out there, your going to want to choose a solid course to teach you from A-Z, a foundation where you are not piecing together information here and there.
If you learn a process and follow guidance of others who have been there you will succeed 10x times quicker. Also if you don’t have to worry about the technical jargon and can just focus on your business you will be earning money 10x times as quick. So how do you get an affiliate website built with all the tools and hosting necessary to completely set it up, all in one place?
Well if you would like to get a real business up online that makes real money and build it 20x times faster, then you are going to want to check out my #1 Most Recommended product here. This program will take you by the hand guide you, make sure you get things done with task list and monitor and host your blog all in one. You can also try before you buy for as long as you wish. Just read my review here and go to the very bottom and click the link where it says bonuses and you will receive some free extras for signing up and taking action.