Starting A Home Business; How Much Does It Cost To Start ?

Have you thought of starting a home business but were unsure of where to start or you believe that the cost is to great to even contemplate a home business start up.

Don’t have a product or know where to find a product people are looking for ? Don’t know how to build a website ? Don’t worry your not alone…

First it’s not expensive to get started and secondly it is not as difficult as you might think to get started.

Keep reading, I go over a few steps you could follow to get started.

Starting A Home Business

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To get started with any type of business you need to have a few things in place to have a solid foundation for your business.

First you need to do an in depth market research before you take another step. Doing an in-depth market analysis will give you keywords people are searching for in Google and how much competition you will have as well.

If you do your research properly you could have a chance at placing your site in the top of search engines like Google, Yahoo or Bing etc.. Which means that you can get a good amount of organic traffic to your website without having to compete for paid ads and blow your budget before making any significant return on investment.

Here is how to do your market research:

  • Go to Google Keyword Planner. Login with your Google Account credentials or create a new account
  • Once logged in go through the boxes on the left as you scroll down and click on each tab and select the one that applies to you. Just type in a keyword or keyword phrase people would type on their web browser when searching to buy something or to get information about something.
  • Research the market by; Doing a search for those keywords or keyword phrases and see what keywords the top websites on page one are using
  • Click on the first box that says: ” Find new keywords and get search volume data ” and write in the keyword r keyword phrase that directly applies to your business model if your wanting to maximize the power of Google. Here are are few examples  : BlueDogCollars.com, BrakeStopSwitch.com, BeuatifulArtWork.com and should have good traffic, decent market reach ( Big Market that has at least 3,000 visitors a month or higher and low competition.

Take your time and be patient when doing your research. It is a very important step to getting a jump start on getting traffic.

The good news is that starting a home business can be relatively inexpensive depending on what type of business you are starting and/or what product you will be offering.

Here are expenses you will need to consider before starting a home business website:

HostingNumber One: Hosting – $10.00 a month- Hosting is where your website will be found online. Companies will host your website or blog for a fee. Most hosting companies offer unlimited bandwidth on their servers. Up-time is probably the most important rating you should be concerned with besides customer support. Ease of use is probably third on the list of priorities before selecting a hosting company. Here are a few well known hosting companies available you could host your website or blog online like 1and1.com. Bluehost.com, or Hostpapa.com.

.comNumber Two: Domain Name $15.00 a year or less- This will be the url or link associated with your website (www.mywebsite.com). Before you start thinking of what name sounds great for your business or a name that you like and prefer step back and think about this for a minute.

Contact USNumber Three: Email Autoresponder – Cost is $20.00 a month. An email management system like: Aweber.com, Getresponse.com, or MailChimp.com etc… To manage hundreds or potentially thousands of emails so one of these email management system will help you with stay in touch with your potential buyers and buyers more importantly. Don’t be afraid to email your lists often and offer new information and product advice to buy from you. Give them a free offer for them to sign up for your email newsletter or blog posts.

WordPress Website

Number Four: The largest part of your expenses will be in ” Marketing Your Business “. Starting a home business is just like any other business method and requires a small investment in getting immediate sales or brand awareness by using marketing methods like Google Adwords, Microsoft Ads Center, Yahoo Native Ads, 7Search.com, Youtube video marketing, Facebook Ads, Twitter Ads, Pinterest Business Ads and many others available.

A small budget should be as little as a hundred dollars to start and hopefully make a return on your investment to scale your marketing and continue to re-invest earnings into your business. Now if you are looking to really jump start your business then you should start at $5K initial investment and scale from there.

If you don’t have a lot of marketing skills and haven’t done to much marketing online then you should use Yahoo native ads, Bing Ads or Facebook ads to get started. Find out what keywords your competitors are bidding on then find other keywords that have a good amount of traffic and low competition which translates to low bidding to test out your ads, ad wording, and your call to action.

Learn the Attraction Marketing Formula to understand how to grow a list of followers and buyers that keep coming back for more.

Test often and frequently to continue to find those golden nuggets. They are still available but it’s like looking for a needle in a hay stack but when you strike gold it’s a game changer.

Number Five: Worpress Website / Blog – Free! -Yes, it’s 100% Free and necessary when starting a home business you needs to have a blog at minimum.

When you purchase your hosting most have WordPress installation available for you to direct your Domain Name you (example: myweb.com) . Now you must get the DNS ( Domain Name Server ) from your hosting company and input it in your Domain Name Registrar back office where you will direct your domain name to your hosting company. Once you have this in place and you install your WordPress under that Domain Name it will be live online.

Yes, it’s 100% Free and necessary when starting a home business you needs to have a blog at minimum. Those who blog about their products and have fresh informative content are getting the Google Love…Google loves fresh, authentic, quality content that bloggers write and talk about on their site and/or give ” how to ” information too.

If you are looking to get your website ranking in the top search engines without investing a lot of money then you will be depending on organic traffic that’s why when selecting a Domain Name it should be related to your product or what your website is about and more importantly targeted to your market. For example: If your website is about selling pet products you might then you might want to use, (www.BestPetStuff.com).

Don’t Have A Product ? It’s OK…

There are 100’s of affiliate networks and companies offering affiliate privileges like Amazon.com, Linkshare.com, Shareasale.com, Clickbank.com, CommissionJunction.com,  and many more available in just about any topic or product you want to sell and profitable too.

Affiliate Marketing Affiliate Marketing

Affiliate Marketing
ajoheyho / Pixabay

Do a search on Amazon and see what are the best deals going on right now and which one has the best ratings from previous customers who purchased the same product. In other words they have practically told you that there is a hot product that people love and are willing to spend their money on therefore you have a buyer. Amazon has done the market research for you and they also have testimonials from real people who love the product. Served on a silver platter for you.

Sign up for all these affiliate networks and find just about every product you can imagine from physical products like books, mattress, household item etc… to digital media like reports, ebooks or videos or even membership websites to house all of your products or membership access and downloads you will give all your buyers.

There is no reason why you should not be starting a home business today. If you have questions let me know in the comments section and will be in touch.

P.S. Get your free 10 day affiliate marketing formula now!

Disclaimer: This is intended for training purpose only and is not in anyway that you will have the same results. You must test and experiment with marketing methods and tactics and requires work on your part. There is no such thing as a push button money making quick rich scheme it takes work and must treat the business as a serious business.

Find Your “Why” To Change Your Business For Ever ?

In the business world there are certain things you must understand and the most important is knowing ” Your Why “.

If you were to do a survey and ask businesses what iswhy their Why, you would unequivocally get different answers. And the answer they give you is the reason why they are successful or unsuccessful.

There are leaders and those who lead. It is the reason they can lead a company to succeed and craft their message in such a way that it penetrates the psychological barriers of the people who follow them and/or purchase their products or business opportunity.

When you pursue a business venture or even if your an affiliate and sell other people’s products the same holds true when attempting to achieve your goals.

What do you ask yourself when starting a business or trying to sell someone else’s product ?

  • What business should I start ?
  • How should I start my business ?
  • Where should I start my business ?
  • When should I start my business ?
  • Or Why am I starting my business ?

In the early 1900’s there were two men who sought out to be the first men to pilot an airplane. One of them was Samuel Pierpont Langley. He was well educated and funded by the War Department with $50,000 which was a lot of money for the time.

wright brothersThe others who actually took their first flight in 1903 was the Wright brothers. Their passion to fly was so
intense that it inspired the enthusiasm and commitment of a dedicated group in their hometown of Dayton, Ohio.

They didn’t even have a college education and neither did they have any funding at all but yet they were successful in doing something the other well funded team could not achieve. They started with, ” Why “.

In 1965, students on the campus of the University of California, Berkeley, were the first to publicly burn their draft cards to protest America’s involvement in the Vietnam War.

But it wasn’t until 1976, nearly three years after the end of America’s military involvement in the Vietnam
conflict, that a different revolution ignited.

They aimed to make an impact, a very big impact, even challenge the way people perceived how the world worked. But these young revolutionaries did not throw stones or take up arms against an authoritarian regime. Instead, they decided to beat the system at its own game.

For Steve Wozniak and Steve Jobs, the co-founders ofsteve jobs make people better Apple Computer, the battlefield was business and the weapon of choice was the personal computer.

And in just six years, Apple Computer was a billion dollar company with over 3,000 employees. They started with their, ” Why “.

If you want to start a business the first thing that should be in your mind is, ” Why “.

Why are you starting a business ?

  • Is it to help find a cure for a disease that could revolutionize people’s lives.
  • Are you starting a business because you want to end poverty in the world and help as many as possible.
  • If you are an affiliate, Why would you want to sell that product ? Does it solve someones problem ?
  • Why did the Wright Brothers want to be the first to fly ? Their ultimate goal was to revolutionize the world and how we would commute around the globe.
  • Why did Steve Wozniak and Steve Jobs start Apple ? They aimed to make an impact and even challenge
    the way people perceived how the world worked.
  • Martin Luther King Jr. didn’t have the internet or ease of ways to gather people to deliver his message yet a quarter of a million people descended on the nation’s capital in time to hear the words immortalized by history, delivered by the man who would lead a movement that would change America forever: “I have a dream.”

They all started with, ” Why “.

When you can answer this question then and only then will everything be crystal clear and when you believe in your, ” Why ” with conviction and unshakable understanding there are no obstacles that can stand in your way to achieve whatever you set out to accomplish.

Once you understand your, ” Why ” then you need to craft a message to deliver to your market and that attracts them to take the necessary action expected from your message.

This skill is the most sought after in the business industry and when you have this in combination with understanding ( your why ) you are able to sponsor hundreds and even thousands of people into your business.