Normally, at the beginning of each year everyone sets those unattainable goals that only tend to frustrate. Consequently, why should this year be any different, right? Not so fast!! This year you are going to set that one goal and give it everything that you have to reach it. Rather than trying to lose weight or quit smoking, this year you are going to research and find those legitimate home-based business opportunities that will enable you to quit your nine to five job and do something that you really want to do. Perhaps you just want to stay at home with your kids, or possibly you want to work in your pajama pants. It doesn’t matter what your goal is, what matters is that you start working toward it. During my research, I have found three legitimate home-based business opportunities that might interest you.The first is taking a passion and creating an online business. I am talking about taking the garage sale passion of so many people and turning that into a very lucrative business. This type of business can be online and/or brick and mortar. In the beginning, I would suggest purchasing your treasures and later selling them on eBay. As your business improves then you could start buying products wholesale subsequently selling them at a profit on either an eBay store or on your own site. Some Resellers can make a lot of money and some even a comfortable living off sales such as these. Setting up an e-commerce business like this can be fairly easy. Some of the decisions that you will have to make will be:
whether you want to operate as a used reseller or a bulk reseller
decide if you want your own online website, or if you want to continue with eBay
if you decide to continue your eBay relationship, then an auction account will need to be set up
do you feel that handling a single product will suffice or will you want to offer a combination of products
obtain your products through garage sales or bidding on defaulted storage units, (aka Storage Wars)
Additional investigation into legitimate home-based business opportunities has revealed the field of virtual assistant is growing very quickly. Virtual assistants are like secretaries were in the past. Normally virtual assistants are self-employed and work on a contract basis. They offer professional administrative support and other specialized services to businesses, entrepreneurs and others who do not have enough time to complete their work. Virtual assistants work remotely and receive their assignments by phone, fax, email or by instant message. Normally a virtual assistant will perform secretarial services. Although some specialize in IT support, graphic design, web design and marketing.Setting up your virtual assistant office is going to be similar to many other office arrangements. The list should include:
a room decorated so that you look forward to working in it each day
sizable desk or a regular computer desk and an additional table
comfortable chair
computer with at least a Pentium 4 processor and 2 GB of Ram
writable CD-ROM
17″ monitor
good printer with a scanner
online fax services
high-speed Internet
affordable long distance
a good backup system
consider a headset with microphone
This business is probably going to have several long days so don’t get it in your mind that your eight-hour days will continue after you start this endeavor. You will need to do a ‘bang up’ job for your clients. That way, your client list will grow, and consequently, your income will increase. You are an entrepreneur, and you are working hard to create and maintain a home-based business. So be ready to give it your all!As my research of legitimate home-based business opportunities came to a close the last enterprise, I found to be promising was blogging. This small business has the potential to bring some large profits.Normally, a blog is considered a personal journal and in truth most of them are, but today you can blog about anything. I have a couple of blogs that I maintain. One contains articles about starting your own home-based business. With each of the articles, I try to locate and research as many as three home-based businesses at a time. Then I describe each one and give my preferences. The other blog that I maintain gives tips and articles about customer service. I usually describe what I feel is good customer service and how businesses can offer incentives and train their associates to make their patrons feel at home, glad that they stopped by, and most importantly will return as a repeat purchaser.To help me maintain my blogs I have become affiliated with several companies. My favorite enterprise has several reasons that I promote it. Those include:
Low start-up costs: It is free to join, and you receive a free website.
Training is free: There are weekly webinars that you can replay if you miss. In addition, there is a set of 14 webinars that give you all of the information that you need to become a successful affiliate marketer.
Great Products: There are five different affiliate income streams for you to choose from. You can participate in one or all five.
Community Forum: A forum is available for you to go for answers or just for social fun.
Three tiered support: When there are problems, you have three different levels of support. The levels range in intensity from simple forum questions up to technical questions.
In conclusion finding your perfect fit from all of the legitimate home-based business opportunities will require research and time. However, it can be the best time you ever spent.
Legitimate Home-Based Business Opportunities
Differences in the Types of Auctions That Take Place Around the World
Auctions are those events where properties or goods are sold to the highest bidder. Auctions are mostly public events, where bidders make a series of bids and purchase a particular item for a high price. During auctions, bidders decide the price of an item rather than the seller. It depends on bidders to decide the amount they would want to pay for a specific item. During an auction, a bid is a proof of a legal binding. Bidders agree to pay the amount that they have bid. In a high profile auction, bidders may have to pay a deposit in escrow accounts or give a proof that they can pay for those items.
Types of Auctions:
Different types of auctions take place around the world. Below mentioned are some types of auctions:
1. English auction:
This is a basic type of auction. In this type, people can see the item and then start bidding. Bidders slowly raise the value of their bid until everyone gives up. The highest bidder is the winner. An auctioneer manages an auction, keeps records of the on going bid and decides the winner. Sometimes, the seller will quote a minimum amount for an item to the auctioneer, below which the auctioneer cannot sell that item.
2. Dutch auction:
In this type, the auctioneer sets a particular price and then gradually lowers the price. People in public will start bidding and later decide which prices are suitable for the item. A seller may use this type of auction to sell large quantities of same products to the public. For instance, a seller may want to sell a large amount of hay and will thus, decide to sell this hay to people for the same amount, once a reasonable price is decided.
3. Silent auction:
In this type, the bidders in public will present their bids in a sealed format. These sealed bids open at the same time and bidder with the highest bid wins. There could be a modification in this type of auction. The bidders are allotted a specific period to bid. They can roam in a room displaying the items, and write their bids on an associated sheet of paper. The bidders are allowed to see bids of other bidders and can choose a higher price for an item. At the end of the allotted time, bidder with the highest bid is the winner.
Examples of Auctions:
Auctions can be of two types either public or private. Sellers may trade any kind of items in both types of auctions. Some areas where auctions take place are:
1. Antique auction: An antique auction consists of a trade opportunity as well as provides entertainment.
2. Collectable auction: In a collectable auction, the seller may put up collectables like coins, vintage cars, luxury, stamps, real estate, and luxury for sale.
3. Wine auction: In wine auction, bidders can bid for rare wine, which may not be available in retail wine shops.
4. Horse auction: Bidders can bid for young horses of the best breed.
5. Livestock auction: In livestock auction, bidders can buy pigs, sheep, cattle, and other livestock.
The other examples of auctions may not be public. These auctions are for bidders from corporate levels. Some examples of private auctions are:
1. Timber auction
2. Spectrum auction
3. Electricity auction
4. Debit auction
5. Environmental auction
6. Auto auction
7. Electronic market auction
8. Sales of business auction
Bidders in an auction need to examine the items displayed and decide an appropriate price for an item. Thus, auctions help buyers in getting the best deals and in gaining better profits for sellers.
Starting a Home Based Business? 5 Steps to Follow
Starting a home based business on the Internet has never been easier. With the current state of our economy it’s one of the best decisions that anyone can do to dramatically change his/her life. It has been statistically proven that for the first time in internet history, millions of people seeking their way out in this industry every day and the numbers are continuously growing.
People come to the internet looking for answers to money problems, home loan problems, real estate problems, and looking for employment. All these searches performed on Google or any other search engine mean potential customers for individuals who already run their online business.
If you have a solution to the searchers problems, there is tremendous potential in creating online wealth.The internet has millions of searchers each day and that information will equate to a six billion dollar e-commerce revenue projected for 2011. Internet revenue is expected to continually grow exponentially every year through 2015. Conservative analysis now estimates global Internet sales at 10 billion dollars in 2016.
Since we are just slowly recovering from the recession that hit millions of people, many entrepreneurial minded people are beginning to consider starting home based business as a good idea. And they are right but only if they will do their research and due diligence.
Many who will just jump blindly on any internet advertisement that says “Best Home Based Business Opportunity” will fail miserably. Unfortunately there is nothing like Get Rich Quick Scheme or a Push of a Button Scheme that would bring money flying out of your computer. You are better off buying a lottery and hoping for a good luck or miracle to happen..
The online success will not happen overnight. It takes commitment and hard work to build a successful home based business. Only with everyday devotion the success will be built gradually. By starting home based business you have to give up two things at the beginning, time and money. The reality is that those who will invest their time and money at the beginning will see the results ten times down the road.
Learning Internet Marketing is the best future investment that you can make right now.
Here are 5 simple steps to follow on how to start home based business that can put you well on your way to building an online business this year.
1. Starting Home Based Business – Think about a type of product or service that you would like to promote and sell. Make sure to do extensive research if that particular product is what others are searching for. Find a way to promote and sell it to them.
2. Creating a Home Office – Create a place where you can close the door and fully concentrate without any interruptions. Make sure you talk to other family members not to interrupt once the door is closed. Allocate specific time blocks when you going to work on your business. Time management is the biggest downfall of many home based business entrepreneurs.
3. Invest in training and education – Spend at least 60 minutes a day learning new internet marketing skills for the next 6 months and your business results will be ten times bigger than without the proper training. You can set up your own schedule and save tons of money if you study at home instead of spending 4 years in college.
4. Leading Home Based Business Corporations – Many of the leading home based business companies promote multi level marketing programs where you tell one friend and that friend tells another friend and so on earning small commissions that build from one friend to another. Or you can tap into Network Marketing companies that offer higher end education products or lifestyle related conferences. These are great long term residual income producers that can create huge incomes for those savvy enough to market their product.
5. Top Legitimate Home Based Business – Once you have found the top legitimate home based business for you, you’ll need to start marketing that business online. By becoming a member of a legitimate MLM or Network Marketing company, you will be provided with all the necessary tools and resources, you need to be successful online. There is usually a “Back Office” with these programs that will guide you through the sales procedures. Many of these companies will even supply you with your own website. Your job is to market their products online. You simply drive traffic to it through different social websites such as Facebook, Twitter, MySpace, Google Groups, and hundreds of other sites that you join to discuss your products and services. I will also recommend to market with Google AdWords, Video Marketing and Blogging.
Starting home based business can be very easy if you have the right mindset, tools, resources, training, and system that you can follow and carbon copy.