Are You Throwing Away Money In Your Online Home Business?
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Are you spending money wisely for your online home business or are you
just throwing it away? Do you spend money to make money or to look
like you have money? Are you buying things to make you look rich?
When having a business, it is not all about keeping up with the Jones,
unless you want to be one of the 95% that fail. Forget about all the
flashy cars, houses and toys, you have to put money back into your
business first.
Use Common Sense
Whenever you spend money from now on, ask you self one question, Will
this thing I am buying bring me business? Think hard about it, if your
answer is NO, then do not buy it. You have to use common sense rather
than be frugal about you money.
If you think you need a fancy car for your business, think again,
unless you are already a success. All a fancy car will do is make you
poorer, not successful. Shoot, you do not even need a car with an
online home business, except to go to the store. So if the car you
have now gets you where you want to go, do not spend unnecessary money
just to look good.
The Big Office
Remember the reason you started working from home? Mainly so you could
spend more time with your family, no commute back and forth to a job,
and work when you wanted to. So stay at home, there is no need for a
big fancy office, just so you can have your name on the door. An
office will cost a lot of over head money, money that could be spent
on making you more money, not throwing it away.
Also with that big fancy office, comes extra office supplies, a desk,
another chair, a computer, printer, and copier. Then of course you
want the fancy letter head with your logo on it that you just spend
hours designing rather than getting prospects for you business.
Then your going to need a secretary to start taking all your calls. A
consultant to help you out with problems. And why not even start
outsourcing all your article writing and video filming, then you can
just sit at your fancy desk and look really important. Now, how does
that picture look for throwing away money?
Another thing you will be getting is tons of calls, and not from
prospects wanting to join your business, but from solicitors. You
know, the ones that have bigger and better things for you to buy. The
ones that are making their business a success why you throw your money
away on looking rich instead of getting rich!
Listening To Solicitors
So now you look, walk and talk success. You know your product is the
best so you start listening to all the solicitors that have called you
in your big fancy office and there goes your advertising money. You
start putting ads in big fancy magazines, newspapers, and maybe even a
banner at a stadium, because they told you what a good deal you would
be getting.
You start putting you product out there telling everyone how awesome
it is, and forget the whole picture of what having an online home
business is even all about.
When having an online business, the key word is, online! You do not
need to put your ads out there the old fashion way of off line
advertising. How many people are going to read that big fancy
magazine or that banner at a stadium? Now you have completely lost
your focus.
You have to remember to find your target audience and market directly
to them. Marketing sells not products, if you forget this, once again
your just throwing your money away.
Remember to ask yourself the question before spending any money on
your online home business, Will this money I am spending bring me
success? If you do this every time you will not only look like a
success, but you will be a success.
by: Julianne Rowat
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