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A Real Home Based Internet Business

Building a real home based internet business is not as difficult as you might imagine. But if you fail to plan properly, or even at all, you should plan to fail! Because without a well thought out plan, your home based internet business most likely will not succeed.

That may sound harsh, but for the majority of people seeking to build a real internet business from their home, that is going to be a fact of life. Statistically speaking, we know that over 90% of businesses (including real online home based businesses) fail during the first two years of operation.

There is no business, online or offline, which can survive without a good plan based on solid market research for your product, customers and competitors. Ive witnessed many newbies, eager to create a real home based internet business, all getting into a business venture without investigating the niche or market they are targeting.

If you plan on building any real home based internet business, it is vital that you plan ahead and research. Just because some guru says that you can make money online, doesn't mean that you will.

Consider this: How do you expect to make lots of money if you don't know or understand your market or what you will be doing?

How many competitors are in the same market/product? Do you know your target market? Do you know whether or not demand exists for your product or service?

How are you going to build a successful, real home based internet business and be beat your competitors so that you can secure decent market share?

What steps do you need to take in order to build a real home based internet business that will allow you to generate a steady stream of income? Do you have a timeframe setup for each step?

Have you figured out how much money will be required to reach your goal? Do you even have a goal? And what exit strategy do you have if things don't go as expected?

I am not trying to demoralize those of you that want to build a real home based internet business, but if you can't answer even one of the questions above right now, the probability of success for you is not very high.

Thankfully, building a successful real home based internet business can be started for a lot less than you might expect. It can actually be done for free. All it takes is a little planning, and with the right structure, your dreams can become reality.

Jack Lowry is an online home business entrepreneur who recently developed a free 5-step course on learning how to start your own internet home business. If you are interested in learning more about his free 'Learn To Generate Cash From The Internet' course, please visit his website for more about a real home based internet business.

posted by service42073 @ 11:48 PM