Starting a home
business: Starting with what you know
Bob Cortez
The most frequently asked question I receive as an Internet home
business consultant usually goes something like this; "I would
really like to start my own home business on the Internet, but I
don't know what." The short answer is - Start with what you know
and enjoy.
There are a number of good reasons for this
By drawing on existing knowledge, you can concentrate on building
a business rather than learning about a new trade, product, or
service.
Starting and running a home business means long hours and
sacrifice. It is easier to do when you are doing something you
enjoy.
Selling what you know and enjoy is less difficult for
non-salespeople. Selling what you know and enjoy is less difficult
for non-salespeople.
The Internet offers unique opportunities for the home business
netrepreneur. It creates the ability to reach a much larger
potential market for your product, service, or information at a
much lower price than through conventional advertising mediums.
The Internet and World Wide Web are still in their infancy. Right
now, you can get everything you need to put your business online -
free. It is like someone offering you a store (web hosting), full
time staff (web pages, auto responders) and advertising (lots of
advertising) for free. All you have to do is come up with an idea
for a product or service to put in the store.
One of my favorite examples is my mother's home business. She
builds very creative and unique birdhouses. She uses scrap lumber
from a local sawmill (free) and driftwood from the local beach
(free), to keep her material costs low. Another local artist
provides the miniature sculptures for a percentage of the sales.
She started by building and selling these for the local tourist
trade in Homer Alaska, and was doing ok. But when we put them on
the Internet (http://www.ptialaska.net/~cortez/) sales really
began to soar. Not everyone that would be interested in the
birdhouses can afford to visit Homer, and we certainly couldn't
afford to advertise to the world in any other way. We were able to
reach this larger market by using free web hosting, design, and
promotion services. Once we developed a flow of traffic, we were
able to create additional income streams by selling other peoples
products as well. (I'll discuss this further later in this
article)
This business model can work for just about any product that can
be shipped. What unique item can you build using local materials?
Do you have a craft or gift idea that is unique? How about a kit
or plans for something you have built?
Information is another type of product. What do you know or know
how to do that would be of interest or value to others? You can
either sell that information as a report, or a tip booklet. Or you
can give the information away at your store and sell other peoples
related products for a commission. The advantage here is that once
you put your information in the store it is done. You don't have
to keep building it and shipping it. If your not comfortable with
writing your own material you can use a ghostwriter (http://www.home-work.net).
Another home business opportunity that is unique to the Internet
is based on common interests. What do you have a special interest
in that others may share? Music, books, computers, cars,
gardening, collectibles, etc…? The idea in this business model is
to create a site with information and resources available online
of interest to others. Then you select products to sell of
interest to people that would be visiting your site. For instance,
if you had an avid interest in a particular type of music. You
could develop a site that was a resource for others with that same
interest. The site could include links to artists sites, reviews
of the latest releases, concert tour information, photos, sound
clips, interview excerpts, a chat room, or discussion board. You
become an "associate" of one of the CD distributors online and
receive a commission on CD's that are sold. The distributor does
the entire order fulfillment. The number and variety of companies
that have an associate program online is growing daily. They cover
all kinds of products and services from gifts to computers or web
hosting to credit cards.
Start with what you know, apply some imagination, and open your
low cost home business online. The market is growing everyday -
world wide.
Brought to you by: World Wide Information Outlet - http://certificate.net/wwio/,
your source of FREEWare Content online.
Bob Cortez has 20 years of sales and marketing experience. Through
Total Quality Marketing he is providing consulting services to
home based entrepreneurs looking to expand their business online
and take advantage of the tremendous opportunities available.
You can reprint this article (if not stated otherwise above) on
your website or publication with notice and a link to http://www.zongoo.com
"Reprinted from Zongoo.com Daily Press & Consumer Information"
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