As Part 1 describes the pros and cons of building a home based internet business, Part 2 explores what you need to pay attention to and what to avoid to be successful in building a home internet business.

The DO’s

• Add value to other people in whatever you do. When you e-mail your subscribers don’t just sell them anything but give them the information they need such as reports, tips, clips from YouTube, etc.

• Research for your product. You need to select the product that is needed by people, has a tremendous impact on people’s lives, give you high commission and create a residual income (you can make a one-time sale and get paid repeatedly). Only great products can last in this competitive market.

• Have the willingness to learn. You need to learn from the masters who have succeeded so that you shorten your learning curve. Having a journal in what you do and how the responses are allows you to learn from your own experience.

• Promote your product effectively. You need to find both paid advertisements such as Pay Per Click as well as free advertisements such as joining forums, traffic exchanges, answering Yahoo Answers and joining 43 Things.

• Treat your internet business as a business. Just like an offline business, you need to be professional with when building a home internet business, such as in answering enquiry. You need to keep your integrity intact. You need to keep your promises. Even though you can’t see your customers’ face, they are people just like you on the other side of the line.

• Focus on one business at the time. Although it is tempting to explore every opportunity to earn money in the internet, it is highly recommended as a newbie that you focus on one business while you are building a home internet business and make sure it creates steady income before you venture to other businesses.

• Have a clear goal. Since it is a business and not a hobby, you need to have a clear goal of how much is your targeted income. Then, while building a home internet business, you need to set aside a budget for the expenses of your product. If you don’t budget your advertisement and expenses, it will add an unnecessary stress when you see overcharges in your credit cards.

The DON’Ts

• Don’t believe every deal in the internet. It is sad but true that there are scams in the internet. Research your product by seeing it in Google how much people advertise for it and asking around in forums to find out more about a product before you buy it.

• Don’t fall into a false belief that internet business is easy money. Although there are more and more millionaires in the internet, they admit that it is a hard work to succeed in building a home internet business. It requires determination, persistence and patience. Most of the time, you cannot see the immediate results. However, if you keep building your home internet business consistently, you will be rewarded. Find out more.

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