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Make this schedule fit you and your lifestyle but schedule it in your calendar. I find it really helpful to set aside a whole day for a certain activity. For instance, Mondays are about writing an e-magazine and posting articles to the Internet. Tuesdays, Wednesdays and Thursdays are client days.
Get this: I have a side business online that almost accidentally developed, that I have spent no money on at all. I simply write a little here and there, find free stuff to give away, and this will flow 3,000 in less that 1 year. Its absolutely passive.
This is why a detailed website may not be a good idea. It makes it too easy for imitators to read what you're doing - and then get it all wrong. As a pioneer, you need to consider the financial costs of owning the category from the get-go, until you are well-established and earning money.
Blogging. If you have something interesting to share, and there are enough people who also share that interest, it is possible to make a fine income through blogging. There are many ways to monetize your blog. From Google Adsense, to affiliate products you promote, to paid ads on your blog.
Using a traditional business model most times the future is filled with more responsibility, work, employee expense, risk, and exposure to the turns of the economy. I explain this by my analogy of having your ladder against the wrong wall. If, in order to become financially independent you need to spend 70 hours per week away from home, putting up with a bunch of political crap, never seeing your family, all to see a corporate downsizing or pay cuts along the way or, heaven forbid an Enron.
Organization is one of those places in which you might hire some help. If you do it yourself you have to schedule in time to answer e-mails, research on the internet, pay your bills, put your files away and create new organizing systems for a new project. Sometimes simply putting off answering e-mails till noon gives you a free morning when you are at your freshest to devote to a project. One very good technique is to take the last 15 minutes of your day to straighten up and put away. Then create your “To Do” list for the next day. It's invigorating to begin your day in a neat environment. I have a TV in my office, so sometimes organizing can be combined with entertainment. I also listen to classical music a lot. Turn up the music and dance around while putting stuff away!
If you want to build a real business from home, you need a real business model. One that is scalable, that grows over time and allows you to make money even when you are not hard at work. Isn't that the idea behind passive income?
You would think, “My gosh, how do you make sense of it all? How does it all fit in to one package?” This is the trick. The trick is you can do lots and lots of different things and teach those different things if that's your type of business, but ask yourself, “What is the umbrella that captures it all?” In my case the umbrella is client attraction. It's about getting more clients, making more money and having systems for it all to run so smoothly together.
Offering freebies to visitors is an excellent way to motivate people to visit your blog. If you own a blog about real estate, for example, consider providing visitors with a printable home inspection guide in PDF format. When you are marketing your blog, make sure to tell them about this free resource.
Second, there's the cost of needing to own the category. In the early days, someone else - an imitator - may try to jump on your bandwagon and upset it. People who don't really 'get it' but try to pinch your idea can do irreparable damage.
There are plenty of small businesses around. If you are considering starting to work for yourself, think carefully about the future. Starting a business is not a short term task. To create a successful one, you need to be in it for the long haul.
The next quality you need is determination. You must firstly determine your goals then must keep pushing yourself until each goal is met. You will have setbacks, there's no getting away from it but you must be determined to keep going forward. A word of advise “Don't set your goals to high to start with or even the most determined will start to waver”. Write your goals down and stick them by your computer as this will help you stay both focused and determined to achieve them How determined you are to keep going will determine how well your business does.
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