Three Magic Rules of a Serious Home Business

| Posted: 10-06-2007 | Comments: 0 | Views: 8 | Rating: (50)

(?)

Starting, running, and turning a profit out of a home business does not have to be the tall task that most people make it out to be. While it certainly isn't easy, it doesn't have to be overly difficult either. With a little bit of forethought and planning, even the hardest, most complex of things can become relatively simple.

There are three golden laws in running a home business. If followed, these laws will help you create a dynamic home business, one that allows you make a decent living. If ignored, these laws will ensure that your home business does not rise above average operating results.

First, plan all the way to the end. You must have a concrete vision for the business. Where will it be five, ten, twenty years from now? What sort of scale will it have? What will it are doing differently, and what things will remain the same? Try to envision all the obstacles that may come up and prepare plans to meet them. To be sure, you will be unable to foresee all the crises that will occur. But mentally, you must be prepared for them as they come. Circumstances should not catch you completely off-guard; you should have a measure of preparation against ever-changing situations.

Second, work hard -- and make your people work hard as well. With your home business, everything will start with you. You must work to become the greatest, most capable individual that you can become. Spare no expense in your education, within reason, as long as such education is helping you prepare for the future. Then, be sure that you work as hard as you can, learning all the ins and outs of the trade of which you are in. A good work ethic is important to success, and you should not neglect it. A corollary to this is that you should hire people who are just as hard working as you are. Be sure to set targets for both yourself and others, and measure what gets done. Give reward liberally to those who achieve.

Third, utilize the power of personal networks. There is an old adage that says, It is not what you know, but whom you know. While we may rebel against what this truism may imply, the fact remains that worldly success depends on a high degree to the number and quality of people who are kindly disposed towards you. Your personal network, as well as the networks of the people who work for you, should be utilized to their full potential, in terms of advertising and sales efforts. Treat those in your personal network well, provide the necessary services, and they in turn may promote your business to those in their networks.

Rate this Article:

Current: 0 / 5 stars - 0 vote(s).

Article Tags: Home Business, Serious Home Business, Serious Home Based Business, Start A Home Business

Article Source: http://www.articlesbase.com/business-opportunities-articles/three-magic-rules-of-a-serious-home-business-162249.html

Print article

Send to friend

Publish this Article

Author feedback

About the Author:

Scott Young Is A Plug In Profit Site member As Well As An Authority On Developing Online Affiliate Marketing Internet Businesses. Get more Information On How To Build Your Own Online Affiliate Marketing Business. For Internet Business Ideas To Make Money Online, Visit: Online Affiliate Marketing Business Ideas and Opportunities.

Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free!

Article Comments

Add new Comment

Try Taking a Closer Look At The Profit Angle
By: Scott Young | 10/06/2007 | Business Opportunities
Gut feel may not be enough when running your home business.

Serious Home Business Making Real Money Online
By: Scott Young | 18/06/2007 | Business Opportunities
Looking for serious work at home opportunity MLM

Truly Inexpensive Advertising Techniques For Serious Businesses
By: Scott Young | 26/06/2007 | Business Opportunities
Tips and tricks to advertise your home business

Tips For Marketing Your Serious Home Business
By: Scott Young | 12/06/2007 | Business Opportunities
Advertising your serious home based business can be easier then you think. Check out this article for tips and tricks to making your business a success.

Writing Up A Yearly Business Plan
By: Scott Young | 27/06/2007 | Home Business
You'll need to write up a business plan every year to remain successful

Making Ends Meet When You Own Serious Home Business
By: Scott Young | 20/06/2007 | Business Opportunities
Being realistic with the money you earn with a serious home based business

Managing The Financial Aspect Of Your Serious Home Business
By: Scott Young | 12/06/2007 | Finance
Easily manage your life and your business.

Running a Joint Home Based Business
By: Scott Young | 25/06/2007 | Business Opportunities
Running a joint home business with your spouse.

Got a Question? Ask.

Ask the community a question about this article:

Frequently Asked Questions

What can we do to save the planet that will really make a difference?
By: Shop To Earn | 01-08-2008
What can we do to save the planet that will really make a difference? We can all join Shop To Earn / Shop To Earth How: Shop To Earth is a new company that launched their website in March 2008. In four months it has grown to over 15,000 members. (5,000 in the last three weeks).At this rate there will be roughly 200,000 to 300,000 members by September 2008. The business model of this company states that as a requirement of your membership, starting in September 2008, you and your group must spend $100 a month on green products. That's approx. $20,000,000 overall per month, that all these current members will be spending on green products. The structure of the company is based on MLM marketing. Thousands are joining and will continue to join, and all of them must purchase green products every month. When you join, you are buying your own website shopping portal. On one side of your business are approx. 500 online retailers like Target, Walmart, Sears, Overstock etc. On the other side of your business are approx. 100 green companies. It took $4.00 a gallon gas to convince American consumers to sell gas guzzlers and buy fuel efficient vehicles because they were forced to change. If the Shop To Earn / Shop To Earth membership grows to a million people in one year as predicted and they must buy $100 a month in green products, that's $100,000,000 a month spent on green products that would normally have been spent on products more harmful to the environment. You can help make a significant positive impact in saving the planet and make a great income while doing it. If you are committed to a greener planet, you can play a part by owning your own website. Join Shop To Earn / Shop To Earth now.To learn more go to my website at http://www.shoptoearn.net/brianboy , click on my picture in the lower left corner, then click on "overviews". To join, click on the "join now" button. Stop talking about going green....act.

Click Bank's #1 Affiliate Program
By: workingant | 21-07-2008
What do you think about ClickBank's #1 Rated Affiliate Program? http://1abundantjoy.com

Perpetual cash gifting systems- do they work
By: millie | 16-06-2008
can anyone tell me if Perpetual Cash leveraging/gifting really works??thanksg

Work from home
By: randae | 14-06-2008
I am 62 just retired looking for a legithome based business to supplement my income to help pay some bills.I havethought about processing rebates andtaking online surveys.Are there any others i can explore?

How does one start an Internet Radio Station?
By: Nial | 06-06-2008
How does one start an Internet Radio Station?

Porcelain Doll Hair (mohair) buyers
By: ph5f | 02-06-2008
I need to find a business(or businesses) that buy the processed mohair that is used to make porcelain dolls. I used to clean the hair and sell it to a company in florence, oregon. I no longer have that info, and want to start doing that work again. Would appreciate knowing of any legitimate companies that buy. Thank You

Q&A Powered by:

Latest Business Opportunities Articles

Starting a Window Washing Business
By: kelvin m young | 29/08/2008
Cleaning a window might seem easy, but if it was, why would people pay you to do it? It’s a hard job, and time-consuming but the rewards of setting up a window-cleaning business are plentiful. If you already own or are planning to start a cleaning service, then you may include window washing as part of your services. This can go a long way to earning extra cash for your business and is a great way to expand your part-time or full-time business.

Improve Your Business With Network Marketing
By: Ranju Kumar | 29/08/2008
Networking is a big boom now in any business enterprise today. But do you think just networking can take you to success? No matter what you are looking for a new job or a new client, networking can always be an awesome way to introduce you and your business both to the world.

To Succeed, Think of Online Surveys as Work
By: Scott Davis | 29/08/2008
Thousands of people just like you get paid to sit at home and answer survey questions online. These people are housewives, students and retired individuals that found online survey jobs to be a great source of extra income.

Be Your Own Boss Work From Home With Home Business Ideas
By: Koz Huseyin | 29/08/2008
Are you thinking to be your own boss work from home, and make money? The question is how do you make money at home? You need home business ideas. Some work and some don't so how are you to choose? As you read this article, you will discover the different home business ideas that are making people money working from home.

When Starting A Business Consider The Law Of Supply And Demand
By: Cash Miller | 29/08/2008
In a perfect world there would exist equilibrium. Meaning there is exactly the right amount of customer demand for a product or service and exactly the right amount of supply for that same product of service. It is too bad we do not live in a perfect world. But a non perfect world means opportunity!

Your Digital Camera Job is Waiting!
By: Rayven Perkins | 29/08/2008
Are you looking for a unique way to earn some extra money? Put your digital camera to work and capitalize on your love of photography. The perfect opportunity for a stay at home mom.

Mcommerce Development Will be Presented by Faraz Syed, CEO & Co-founder of Deviceanywhere at the 2008 Financial Services Technology Forum
By: WowGao Inc. | 28/08/2008
August 28, 2008 - Toronto, Canada - DeviceAnywhere’s CEO & Co-founder, Faraz Syed will describe user-friendly mCommerce applications that guide mobile application developers to create effective applications at the 2008 Financial Services Technology Forum.

How Can You Become A Success In Online Business?
By: Ron Subs | 28/08/2008
Many people are looking to start an online business. This can offer strong advantages over offline businesses as explained in this article.

More from Scott Young

Experts Teach You How To Run Your Serious Home Business
By: Scott Young | 13/07/2007 | Careers
Having somebody successful at running a serious home business to teach you should be a top priority.

Learning How To Take A Day Off When Running A Serious Home Business
By: Scott Young | 13/07/2007 | Business Opportunities
Taking a day off can be the most important aspect in successfully running your serious home based business.

Running A Serious Home Based Business Can Be For Everyone
By: Scott Young | 13/07/2007 | Home Business
Everybody can run a serious home business.

Writing Up A Yearly Business Plan
By: Scott Young | 27/06/2007 | Home Business
You'll need to write up a business plan every year to remain successful

Truly Inexpensive Advertising Techniques For Serious Businesses
By: Scott Young | 26/06/2007 | Business Opportunities
Tips and tricks to advertise your home business

Stretching Funds When Business Is Slow
By: Scott Young | 25/06/2007 | Finance
how to stay financially above water during hard times.

Running a Joint Home Based Business
By: Scott Young | 25/06/2007 | Business Opportunities
Running a joint home business with your spouse.

Making Ends Meet When You Own Serious Home Business
By: Scott Young | 20/06/2007 | Business Opportunities
Being realistic with the money you earn with a serious home based business

Article Categories

Article Marketing

Article Notepad

Stop Duplicate Content

Term Papers

Follow ArticlesBase at http://twitter.com

Need Help?

Sign up for our email newsletter

Receive updates, enter your email below

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.22, 17)

Three Magic Rules of a Serious Home Business

Article Comments

Related Articles

Got a Question? Ask.

Latest Business Opportunities Articles

More from Scott Young

Need Help?

Site Links

Webmasters

Business Info

Sign up for our email newsletter