I have been dabbling around with internet marketing for over ten years now, looking for the most profitable home business ideas to make extra money from home. I have had varying levels of successes with different MLM companies over the years, but not one of them has been a sustainable long term solution.
That is until I learned about the affiliate marketing business model.
So, What Is The Most Profitable Home Business Online?
I discovered that one of the best ways to build the most profitable home business was not to join up with Multi Level Marketing and Network Marketing Companies, but to actually start my own online business that only I was accountable for. No longer would I have to rely on a down line to get sales so that I could earn an income. Now it was all up to me.
Five years ago I stumbled across Wealthy Affiliate, and it was a game changer for me. For the first time the light bulb in my head clicked and I realized that in order to have a profitable home business that was also sustainable over time, I would need to have a successful website.
Of course, I had built a couple of websites by then, but none of them were doing well or even getting traffic, but I decided to jump in the deep end and moved my websites over to the hosting at Wealthy Affiliate. It was only after going through and following the training provided that I was able to monetize my websites properly, apply SEO, and see profits each month.
Once you have found the most profitable home based business opportunity, you can begin to start building it. For me this is owning websites. Having a website is like having a shop online that people worldwide visit and hopefully purchase something from. If you have your own website, you can sell just about anything you like online.
Obviously it is best to focus your website around something you know a lot about and are passionate about, and then you will enjoy growing your website as you will have loads of helpful advice to offer your readers. You can also recommend products that you have experience with which will make your marketing more believable.
If you already know what you want to focus your website on, you can start to build it right now for free by clicking here.
If you don’t know where to start, you can open your profile here and grab some training. You don’t even need a credit card to start.
What Attributes Do You Need To Build A Profitable Home Based Business?
If you want to build a profitable home based business, your head has to be right. Yes, it’s all about mindset. You have to be dead certain that your chosen business is going to work for you. Before you even start ask your self these three questions. Can I do this? Will it work? And is it Easy to Learn?
You have to have a positive mindset to start your own business. It is hard work, and when you don’t see instant results, you have to remain positive and have faith that your chosen venture is going to work for you. Elimination of negative thoughts is the key. This may sound crazy, but it works. Set aside an hour each day to focus on your goals, training, and your personal development. Be forever the student and absorb as much information as you can.
Motivation and Perseverance are the key points here. Treat your business as you would your job, and work it diligently every day and you won’t fail. Make sure that you do income generating work each and every day. A lot of people get caught up in the training and want to be perfect, and never actually get going with their marketing.
When you look around for a company or profitable home based business to join or partner with, make sure of the following points before you join.
- Does the Company have a strong commission structure?
- Are the products desirable, and would you like to own them?
- Does the Company have a fully automated system that does the selling for you?
- Does the company offer good quality training?
- Does the company update it’s training regularly?
- Is the company’s website user-friendly?
- Is there a coach that can guide you if you get stuck?
- Can the training and experience with this company help me with future endeavors with other companies?
- If I decide to leave the company, will I have gained something and be better off than when I started?
It is easy to get overwhelmed when starting any new business. You will need to have a cool head and super organization skills, especially if you also have a full time job. Plan your day using your diary and stick to doing things each day that will bring you closer to achieving your goals.
Please feel free to comment below if you have any other ideas for your own profitable home business, or if you have any other experiences with either Wealthy Affiliate or any other venture.