There are so many advantages to working from home. The biggest one for me is the commute. I wake up in the morning and go straight to my computer. I check my email, make some transactions, do a little marketing, and I'm done for the day. No, traffic to fight through, no spending hundreds of dollars on gas, no employees to deal with, and the big one, I AM MY OWN BOSS. So there are a lot of advantages to working from home, but there are a lot of scams out there. People who are looking to take your money and run. So when looking for work at home opportunities, you must be careful.

There are a lot of opportunities out there that make a lot of false promises and give you false hopes. There is a very low success rate when it come to working from home. Only 10% of work at home businesses succeed, that means 90% of businesses fail. WOW! Out of the 90%, most of those fail with in 120 days. That's the truth and it's ugly, but don't be discouraged, there is room for you in that 10%.

There are four thing you need in order to have a successful business online. I like to call these the cornerstones of your business.

1) Have the right mindset.

2) Networking with the right people

3) A good mentor

4) Using Leverage when needed

The Right Mindset

Having the right mindset is important, It does not insure success, but the wrong mindset will guarantee failure. The reason so many people come into this industry and don't make it is because they come in with the wrong mindset. What I mean is, a lot of people come into this business expecting to get rich quick, or they want to make a very small investment ($50-$100) and expect to make a whole lot of money($100,000-$250,000). It just don't work that way. People with that mindset will be better off playing the lottery or finding a loose slot machine, because it just don't work that way.

Networking

Networking with the right people is having good business contacts. Its true that its not what you know, its who you know. Surround yourself with like minded people, put yourself in social situations. Social networking is important to having a successful business. Go and attend a teleseminars or webinars, not only will you learn a lot, you will meet people that are already successful in what it is you want to do.

Find a Mentor

Having a mentor is great, especially if your like I was when I got started. I didn't have a clue about having a home based business or any business to be honest. I had a really good mentor that took me in and showed me the ropes. He has been doing this a lot longer than me so he really shorten my learning curb. I avoided a lot of mistakes that he made because he point it out to me before it destroyed me. It's really helpful to find some one with the heart of a teacher to guide you when needed.

Using Leverage

Using leverage just make life easier for you and getting the most for your money. Learn to recognize when leverage is needed. For example, I use an auto responder to send emails for me. It stores tons of messages and send them automatically to whoever and whenever I need it to. Using this frees up a lot of my time so I can enjoy the fruits of life. The four cornerstones will help you reach your potential. You must take action and apply them.