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Making Money Online: Tips for Legitimate Home Based Internet Businesses

Michael Laleye

February 09, 2007

A lot of people are weary of home based internet business opportunities. Some are not able to tell the difference between scams and genuine business opportunities. While others believe that if no money is made the same week they start the opportunity, that it must be a scam. Here are four important tips for finding a legitimate home based internet business.

1. Just because a business might cost one some money to run doesn't necessarily mean it's a scam, because like any business it takes money to make money in the form of advertising dollars or essential business tools. For example, one of the best ways to promote an internet business is to write articles and submit them to article directories. This can be done completely for free as long as one has an internet connection. Submitting articles by hand is time consuming, so at some point every entrepreneur endeavors to speed up the process by either purchasing article submission software, or by paying for a service that automates the process completely. This is not a required cost of the business opportunity itself, but as a business owner it's a smart decision if one wants to save time and avoid spending hours in front of the computer when they could be doing more advertising in other areas. This is part of the evolution a successful internet business takes.

2. There are no "get rich quick" internet businesses, but many people have this misconception in their minds, and in reality it usually takes a few months for online advertising to produce results even though it is possible to makes profits from the very first day. Being patient and setting goals based on knowledge of your business is very important. One of the easiest ways to track how your business is growing is to track the number of back links to your home business website. Back links are defined as a link from other site to your site, your site's URL placed on another website. It's kind of a vote from another site to your site, and the search engines use these links to index your site which will eventually cause your website to show up in the search results of the major search engines. There are a number of websites online that will allow a person to simply type in their web address and see how many links are coming back to their home business website from the rest of the World Wide Web.

3. Stick with one opportunity. This cannot be can't emphasized enough. The main reason that many home based businesses fail is because the owner didn't take consistent action, or because they spent too much time going from one opportunity to the next. In one's search for a home based internet business there are sure to be many enticing offers along the way. Sometimes when an opportunity doesn't produce quick results it's labeled as a scam when in reality one will only get out of a business opportunity what one puts in. Consistent action is the key. For a beginner is can be hard when every online opportunity they see is telling them want they want to hear.

4. If the opportunity doesn't explain, in plain English, how the business works and how one makes money, then it most likely isn't set-up to make a person any. Before one signs up for any home based internet business opportunity a person should be able to take a sheet of paper and a pen and go through, point by point, the process of how the money is made, what products or services are being sold, what must be done to generate an income, and what costs they need to budget for.

In conclusion, research will pay off in the long run. The last thing anybody wants is to waste their time making others rich and not reaping any rewards themselves. Legitimate home based internet business opportunities are easy to find and make a good living from as long as one starts from a strong foundation and does some research first.

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