safe strategies for financial freedom
3 Big Work From Home Scams
Work from home scams are a sad fact of life. A lot of people blame them on the internet, but the truth is that these scams have certainly been around as long as the post office, and probably longer. They used to be run by mail, out of a post office box, with advertising in newspapers, magazines, bulletin boards or leaflets through your door.
These days, the advertisements often arrive in the form of email. Why? Because it’s cheap. In fact, it’s virtually free. There are no direct mailing costs. The spammer (it’s usually spam) has to pay for a web server to send the email from, but this does not cost very much. Still, the ads themselves are often the same old thing that they always were.
1. The Stuffing Envelopes Scam
Filling and addressing envelopes for direct advertising was something that used to be outsourced to homeworkers decades ago, before the invention of word processing and mass mailout machines. These days, it is virtually all done by mailing companies. They can print addresses to look like handwriting if that is what the advertiser wants, and do thousands of envelopes fast and cheaply.
If you see an advertisement telling you to send $10 to find out how to make money by stuffing envelopes, it will probably be a scam. All you will receive will be a letter telling you to put up ads in your local area to have people send you $10 to find out how to make money by stuffing envelopes, so that you can send them the same letter. That is if anybody even replies.
2. The Pyramid Scheme Scam
Pyramid schemes are based around the idea that you pay a sum of money, say $10, then recruit 10 people who pay you, so you make $90. For example you have probably seen a chain letter or email that tells you to send a certain amount to the person at the top of a list, then add your name to the bottom of the list and send the letter on to everybody that you know. That is a pyramid scheme.
Pyramid schemes are illegal. They are different from multi level marketing programs, where you may again aim to recruit a certain number of customers but they are buying a product. If people are buying a product or service that is worth the money, it’s generally OK. If they are just handing over money for nothing, it’s an illegal scam.
3. The Computer Software Scam
This is an updated version of the old work from home scams where you would be sold expensive equipment that would enable you to do some highly skilled job that you were told was in high demand.
For example, when doctors began having to submit claims electronically in the USA, a demand grew up for people to do that for them. They didn’t want to have to buy the special software themselves and then have their skilled nursing staff waste time entering data.
So companies that made this type of software, began marketing it as something that you could do at home. ‘Just spend $500 on our software, train yourself in 24 hours and start making money entering data for doctors!’ said the ads.
A lot of people fell for it, bought the software and then found they had no clients. The doctors were all giving their business to large, reputable data entry companies. They didn’t want random home workers to have access to their patients’ confidential records. The aspiring home workers were out $500 and a lot of wasted time.
Whenever you see an ad that says ‘Buy this and then make $x by using it’, be suspicious. Is there really a demand for the skills that you will have? If not, it could be one of the many work from home scams.
How To Achieve Financial Freedom
In my last post I talked about how important it is to have a good internet marketing plan for your business. This time I’m going to go over someof the steps needed to build your own system for financial freedom.
Every entrepreneur knows that setting goals is crucial to business success. If you don’t know where you’re going, how will you know when you’ve arrived? Or, more importantly, when you’re heading in
completely the wrong direction?
If you’re the owner of a small business, what is your goal?
To make it to the end of the month with enough money in the bank
to cover the bills?
To take a vacation for the first time in five years?
Every small business owner should have the same goal – sooner or later, to become independent of the business. Small businesses turn into big businesses only when they are able to operate smoothly without the owner being present. When you can stay away for a week, or a month, or a year, and return to find the business running better than before you left, you have the opportunity to do whatever you like – sell the business and start a new one, retire, buy a yacht and sail around the world.
True financial independence is the ability to live your life doing what YOU want to do. Do you really want to show up for work an hour early every day, leave late at night and never take a holiday,
for the rest of your life? Surely not.
What are some safe strategies for financial freedom?
It’s simple. You need a system in place so that everyone in your business knows exactly what’s expected of them.
When you take on a new employee, how do they learn what they’re expected to do? Does an existing employee take them in charge, explaining how things work? How can you be sure that the new
employee is learning what you want them to know?
As the owner of the business, it’s your job to ensure that a system is put in place as the business grows. The system will ensure that everyone knows what they need to know to do their job effectively.
How do you think companies like McDonald’s are able to manage thousands of restaurants across the planet? McDonald’s Head Office doesn’t sell hamburgers. They sell franchises, and their customers are the franchisees. The most valuable asset they have is their system. It regulates what employees wear, the words they say to customers, how many seconds a patty is left on the grill. to variables within their business, every contingency is dictated by the system.
The system makes it possible for new employees to fit in. They are educated on ‘how we do things around here’. They are taught the specifics of their job. They may be required to sign a performance agreement.
In a well-designed system, there is still space for individual creativity. Better ways of doing things should always be sought out and encouraged – and written into the system for the future.
The system provides the framework for ensuring that the business is never entirely dependent on any one person. If you own the business, your future depends on the quality of your system.
Home Internet Based Business Marketing Plan
In my last post I talked about choosing the right opportunity for you. In this one I’m going to talk about using a good Internet marketing plan for your business.
It’s no big news to say that the Internet has transformed how world business thrives. Companies of all sizes are taking the power of web marketing and using it to promote their products and services. This is the norm amongst companies starting up who desire a fast and vast global reach.
Sites like PRWeb and PRlog allow you to submit a press release on your latest innovation and have it read by thousands of viewers on Google news. Not to mention that those sites have a high ranking on the search engines so provided your press releases are written properly informative, showing the benefits, and optimized for search engines with the correct choice of keywords used to find your products that press release will be found over and over again.
It’s all about clickthroughs. This is the action someone takes when a site link or button is pressed to open a web page containing details of the product or service. Depending on the suitability to the interested visitor, this could be a conversion to a sale. This is the essence of the Internet in marketing for businesses.
Google offer a wonderful set of tools to augment any plans set out by the marketing department or the sole marketer. Google analytics allows you to track all your visitor activity and conversions and plan out campaigns around those findings. You can research the right keywords that will allow your site pages to rank high in the search engines so people will find your site.
Using the Internet, you can build a fast mailing list by starting a blog and inviting people to opt-in for a newsletter or a free product. This in turn provides a good ROI (Return On Investment) that other forms of media cannot compete with. Your web site is operating 24/7, literally taking orders while you sleep. This has left many traditional channels for media exposure quite redundant which is why so many magazines have spent a lot of time crafting a web presence.
There are many aspects of Internet marketing strategies that will drive a business. You can send email newsletters that launch a product or new benefit to a mailing list. Video has invited a wealth of possibilities by inviting viral marketing with video clips showing business promotions. YouTube has become a platform for business launches as a result. There is podcasting, distributing audio files that talk about a business venture. People are moving away from TV, radio and the yellow pages in vast numbers to gather up to date information on the web.
A series of articles placed in blogs and article directories like goarticles.com and USFreeads.com can catapult a product launch. All you need to do is provide your email address or a link to your web site. Google Adwords and Yahoo search marketing allow you to bid on popular keywords allowing for direct targeting to your services using search engines. (Care needs to be taken here as it can be expensive so consult an SEO expert initially about using the internet in marketing with Adwords.)
An online shop allows you to sell to anyone globally. Your revenue potential then becomes limitless.
Home Internet Based Business Opportunity
In my last post I talked about how it is possible to successfully build and promote your own legitimate online home based Internet business. In this post I am going to talk about how you can go about choosing the right opportunity for you.
Whether technology like computers is your forte or not, it is a means to make money if you have some skills to offer in specific areas. Some people are great at marketing, or at building web sites, so they sell online design and SEO services. Others are handymen, great with a toolkit and can build houses, perform expert carpentry tasks and so could setup an online business that sells their own style of furniture or offer an interior design service.
There are two paths towards an online business opportunity.
- A home based job, or a home based business.
If you wish to work from home, in your own business, you will need to establish your skill strengths. No need to know how to create a web site as there are plenty of hosts such as 1&1 hosting that will provide tools that can enable you to set up a site in minutes. All you need to do is draft a business plan, whom will you sell to, how will your reach them and what’s the competition? Do you have an edge on the market? Can you offer something that is missing with your competitors?
So these are the first steps towards your own online business opportunity:
- Since you will be operating from your computer, are you familiar with the use of word processors, spreadsheets and email? I suspect you are already, though if not, and you don’t have Microsoft Office then download the openoffice.org set of tools. It’s also a professional choice and it’s completely free of charge.
- This is a home based computer opportunity and not just an office based business, you will be operating from your PC or Mac. Ensure it is reliable, been checked for spyware, and has an anti-virus program running. Don’t struggle with an old pc that is problematic, invest in a new one you are investing in your business.
- A common question in blogs is what is the most successful business idea? The business of working online is a changing one and it is best to focus on long term plans rather than making a fast buck. A home business computer opportunity starting from home has a great chance of success due to its low start up costs.
There are plenty of home-based jobs available particularly in the freelance sector. If you have specific skills, this is a great place to find work. Sites that can help you move along are craigslist, freelancers.com, freelanceswitch.com and flexjobs.com. It may be a good start if you need capital and more flexible time to seek out work while your business is building. Be prepared to diversify right away if you don’t have a specialized skill. One of the most popular choices initially is freelance writing.
Many use their writing skills to increase their business exposure writing press releases, and articles containing sales copy to promote their products or services.
Common online based businesses include affiliate marketing programs, freelance writing services, design and programming, franchisee options selling products and being a reseller.
Choose one that suits your long term interests carefully, this is a life changing decision and needs careful thought. Do this and you will reap the rewards.
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