How to Start a Work From Home Business That you Love

Everyone wants to start a work from home business. You could be financially independent if you decide to choose a career that you love.

If you have a passion for something in your life then you could turn it into a money making business.

You just need to have motivation and yearning to succeed in life. If you have an ambition then you could make it in this business.

work from home business

It really does not matter whether you are a woman or a man. So here are 6 easy steps that you need to take if you want to start a work from home business that you love.

Step1: Get Ready to Leave Your 9 to 5 Job

First thing is you need to make your mind that you will be leaving your 9 to 5 job in next few months.

You need strong determination and will power to make up your mind. Before you leave your regular job you need to make plan.

Initially, it would be hard time because you might have to leave your job. But I recommend you not to leave your day job until you start your new home business.

Once, it gets going then you could say goodbye to your day job. Therefore, you have to make your mind up before you start your work from home career.

Step2: Decide on the Work From Home Business You Want to Start

After you have made your mind that yes you will be leaving your 9 to 5 job and now it’s time to start your business, you have to decide what you are going to do.

You should start a business which you know about it. You do not have to know everything about it but some basics working of the business.

It is very important to choose a right business when you start otherwise you it could be a big disaster.

If you have contacts then start give consultancy services, if you are in military then you could start giving security services, if you are beautician then start a parlor or a spa, similarly there are many other businesses that you could start.

Check this: how to start a small business

Step3: Muster all the Necessary Resources

Once you have decided about the home business that you want to start, now you have to start collecting all the resources to make your business successful.

Off course, the first thing would be the money. You would require money to start up your business.

You need to have an office in your home, some furniture and you could hire some employees according to the nature of the business you are in.

It is better to make a list of things that you need. Then you have to make a decision whether you have that money or you have to take a loan from a bank.

Step4: Create a Genuine Product, Advertise and Sell

Now you have to get down to the business. You could be successful in a business when you have a great product to sell. It really does not matter how good your salesman or sales letter is when you do not have a product to pitch.

Hence, you have to develop or create a product or a service that you can offer to your customers.

Then you have to have right advertising plan to sell your products because reaching out to your customers is very important. You might have to spend some money on advertising your product.

This would be your 4th step that is most important.

Step5: Managing Day to Day Operation – Employees and Salary

If you want that your business keeps running smooth and making profit all the time then you have to manage your day to day operation effectively.

You have to take care of your employees or staff members that are working with you. Always pay them well so that they give better results.

Then you need to manage other expenses like cost or raw material, rent, electricity bills, taxes etc.

It is important to develop a healthy working environment in your home.

Step6: Make Plan ‘B’ if anything goes Wrong

Finally, you really do not know what’s coming. You must prepare yourself for an eventuality. If it is not going according to your plan then you must have plan B.

Suppose, your new home business fails and you lost all money that you invested then what is the next thing you are going to do?

If you do not have plan ‘B’ then you would be in great trouble. So it is wise to have a back up whenever you are starting a new business.

So these were 6 steps that you need to take before you start a work from home business that you love.

You have to follow them one by one and take care of things mentioned above. All the steps are arranged in right order so that you could follow one by one.

Effective Ways to Analyze Your Home Business Competition

If you want to be successful in your home business then you have to analyze your competition and direct competitors.

If you know both of them then you could remodel your business and make huge amount of money.

It is that competitor that eats away your profit. Hence it is better to find out your competitors and know what they are doing that you are not being able to do.

You can remodel after some of most successful competitors who have been in the business for a while now.

Therefore, you do not have to reinvent the wheel again because you could remodel them.

There are two ways to analyze your competition, offline and online.

Offline Methods

There are few offline methods that you need to learn for finding your competition. Although most of them are same old techniques but they are still very important.

There is no replacement for them. You need to get back to same old tricks that could really change your business for the better.

Get Tidings for Your Area

The first thing is to find out what is going around your area. You should have someone to brief you about the kind of business that are running in and around your area.

You have to find out every shop owner that is in the same business that you are in.

You need to collect information such as what are new businesses that have come up, who is the owner, how much he or she is making, type of customers that are coming to the shop.

Therefore, you should know all these things. It is better to have your own source that can feed you with this kind of information.

Try to Become a Member of Trade Association

Next offline method to find your competitors is to become a member of a trade association or a business community.

There is always trader or business community in your area for a particular business. You should join that community and attend all meetings.

If you will attend the meeting then you will get a chance to share your ideas with others. You could find out things like the problem that your business is facing right now, when to increase or decrease cost of certain commodities etc.

You will get know all your competitors at one place.

Visit all Malls, Dealers and Suppliers in Your Area

Visit malls, shopping spots, rental office space in your area. You have to know what types of businesses are renting these shops and office space.

Moreover, try your best to meet all the suppliers in your area who are responsible for supplying raw materials to various businesses.

Similarly you could meet dealers also in your area. This will give you a fair knowledge and understating of your competitors.

So these were certain offline methods to find out your direct competitors in your kind of business.

Online Methods

Now you also need to know some of the online methods to know about your competition. Online methods are little bit more tech savvy and you need to be familiar with using Internet.

You have to spend some time here because it is not like offline methods which are very conventional.

Google Tools: Keywords Estimator, Trends

First you have to get familiar with using various Google tools. First such tool is Keyword estimator which gives an idea about your direct competitors.

If someone types in a particular keyword then it will tell how many people are searching it and how many businesses owners are bidding for it.

If the bidding price for a keyword is high then competition is high. You could choose keywords related to your business. Like if you want to start a lingerie shop then type in words like lingerie or woman’s lingerie etc.

Similarly, there are other tools like Google trends, Google insights etc.

Join Blogosphere and Social Media

To know what customers are saying about the products of various companies you have to find out various websites and blogs.

You can find out which products are selling really well and which are not. You could also find out who are making really profit by reading blogs and comments.

Moreover, social media is also a great way to know about your competitors. You could use Facebook, Twitter and YouTube to find out more.

Forums and Discussion Boards

Forums and discussions boards are really good to know what people are buying. There are forums which allow a healthy debate on the consumer experiences.

Join these forums and know the latest things about your business.

In conclusion, I would say utilize both methods online as well as offline to find every competitor in your business.

Offline methods are very basic and you do not need anything new to learn. However, online is little bit tech savvy and you have to give some time to learn basic things.

42 COMMENTS

  1. hello priya,
    I wish to do work onlline,I was tried so many times but my luck is bad ,so many websites are fake. actually I am an engg,but after marraige kids, they need mother onlly,I speak so frank because I think you should understand me as a lady now I want to do something work from homeplease please help me or mail me on my email id

  2. Hi I have been trying to do some work home business for the last 8 years and Priya keeps sendng only mails. I had aksed her many times and sent mails she never replies. If we are really interested to do our work home business we have to run around and no one will guide us. Here all these participants can share their ideas and try to put in a basket and come out with some good ideas to start. I was working for 30 years with various MNCs and good in sourcing and logistics management, QMS process, warehouse management etc. I tried to give consultancy in these areas, but the small scale and medium scale industries who are struggling to meet their order execution do not understand the importance of these services. I tried for three years could not succeed, and my fees were very very nominal. If any one is interested in this service let me know. Thanks and regards.

  3. Dear Priya madam,
    I am unemployment problems for deaf. My mother told me that i was not go to worked. I am problems that i have household. I cannot get more profits than losses on trading account. What cannot i solve from my problems?
    I am not able to speak and hear. You can SNS to me on mobile number : 9371588220

    Regards.
    Hemant

  4. Hello Priya, thanks for presentation. But after reading comments of all I have made conclusion that everybody needs work from home and everybody wants finger pointed business. Means everybody needs grass root information and here same thing is absent. Can you tell us all how to and with which site to stat ? that too without paying for fraudsters.

  5. Hi,

    I need to start online business but still I am not clear about above scheme, I would like to know more in detail please do call me on 9819353193 or mail on my mail id for more information.
    Also if you can give some reference to the people.

  6. 1.Objectives Transit Employees GPS
    The project team would also like to thank the employees of various transit agencies who willingly replied to the project’s part survey instrument it The principle objectives of this research focused on examining the feasibility of using GPS technology may have a role in relieving such problems in the future. The methodology and prototype developed in this project offer a completely new pickup concept .compared with current operation methods. GPS location technology offers an accurate. this is very helpful in the middle of the service task when the vehicle operator cannot find a . passenger on local streets?

  7. I have v.good idea’s but don’t have cash to start the things anyone can do investment he will be in profit in 1 year can call me on 9769370287 I am from Mumbai

  8. Dear priya,
    Your details are good, but it is beating about the bushes. In fact you are making enthusiasm to the readers, but nothing is revealing about the job. If you really want to give any idea regarding home based business, then please write the details in simple way, so that everyone can understand what it is.

  9. If u can please let me know abt online work from home job’s … and also few sites where i can do that…thanks

  10. I am desperately looking out for work from home. Please advise. You can please give me some few sites which will fetch me my bread and butter.

  11. Madam,

    hello mam, i really interested for the online job please give me some advice and i have no website. then how i can join this programme please tell me some offline line job for my mails. hello mam pls send ur mobile no. for details information about business plan.

    thanks & regards.
    kailas r deore
    cell…9028094487
    cell…8484831704

  12. Priya madam,
    An Article well written with lots of required valuable information and presented point by point. Wonderful presentation. It very clearly shows that patience and dedication is also important. This topic covers a very large field which is like a Ocean which you have given in a nut shell with sufficient information to the readers.
    Proper research to identify which is required. Proper guidance from an knowledgeable person is very important. There are so many business, all you have to be sure to select the one that suits you well. Starting a business is easy. But running it is not a joke. You have to be on your toes till you have dependable staff who can work for you, Your blog posts are dynamic, interesting and enjoyable. Visual colorful Images that you provide are more than a relief from text. Do not understand how you manage to get them.They suit the topic well, also act as another way you can drive traffic to your blog. The images you use enhance your blog rather than detract from your blog and confuse your readers.Best wishes.
    with regards
    Roberts

  13. Hello, I am Basavaraj my profession is Advertising (Art Director) before 4 years i have own an ad agency but I have losted now can you suggest me. how to build a Advertising agency?

  14. Hi
    Yes i am interested to do, can you tell how and when to start the work for me. please give some advice.
    and I have no website. then how I can join this programme pl tell me

  15. Dear mam,
    I am Raj Patel, I am interested in absence job, please tell me the procedure to do it through

    • Hi,
      can you be more specific as to what type of service you can start, whether it is courier, insurance, self help. depending upon the reply from you, and the amount needed to start, then i will think and if it is viable then i am willing to join

      regards
      Niranjan

    • Yes I am from Pune and requires something different from what people around me are doing.

  16. If u can please advice abt online work from home job’s without inverstment…would b great and also few sites where i can do that…thanks

  17. hi gud eve i have read ur mail kindly send me the complete details .

    if anything that does not involve any kind of registration fees or training material pls dont reply

  18. thanks, but no my website to the company and to once thank you for the job datails to me
    and the realey talk me to you……..

  19. Dear Madam.
    I am a very poor man Please guide me for success, I will pay you if success comes.
    Thanks
    Siddhartha

  20. Madam,

    hello krishna i really interested for the online job please give me some advice and i have no website. then how i can join this programme please tell me some offline line job for my spouse.

    thanks & regards.
    V.KRISHNAMOORTHY
    9150735712

  21. Thanku Priya, but now a days there are lot of scams, how can we rely on this it is important otherwise our hard earned money get waste. Please send me the details

  22. Hi
    Yes i am interested to do, can you tell how and when to start the work for me. please give some advice.
    and I have no website. then how I can join this programme pl tell me

    Reply

  23. Hi,

    I have gone through your tips of home business, but let me know what kind of home business should start.

    Do let me know the details for the home business and how to start it.

    Thanks

  24. Hi
    Yes i am interested to do, can you tell how and when to start the work for me. please give some advice.
    and I have no website. then how I can join this programme pl tell me

  25. Thanks, all I ANIL i really interested for the online based job.Unfortunately, i can not share with another works.Due to busy of extra works.

  26. hey nice of your day i am read to work for home i am very impress i also join this type home work business thanks i am suggest my firend also joing home business

  27. thanks for sharing simple and precise information and you blogs is really great for person looking for online jobs. great work sir

    • hello mukesh i am intersted learn and earn more money you are with me i am read did yoy

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