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7/28/2010

Home Based Business Opportunity 101

Finding the right home-based business opportunity can be a grueling task especially since there are so many con artists infiltrating the internet with their get-rich-quick schemes and only the motive to take your money and run. However, with the thousands of scams online there are also a good handful that are actually quite profitable for those who have been lucky enough to find them.


Well, today’s your lucky day because I’m going to share with you some of the best home-based business opportunities now available online that are making people thousands and some even millions. Use the right strategies and have the right network in place and you too could see huge profits!

Here are some home based business opportunities available online:

Build an Online Empire of Niche Sites that Sell Products, provide solid information and advertise – By simply starting with a few niche site and then expanding your network you could see huge profits in the long run. Say for example that you have a cat site. You can make a site solely dedicated to everything people want to know about cats. Basically your site would be filled with cat information.

You could grow your online empire even more if you then create a second site solely for cat food, healthy cat food and where to buy it and do-it-yourself cat food recipes. Then you could go even further by creating a cat e-commerce store selling cat accessories, cat toys etc. Your options are endless. A little brainstorming can go a long way. You can create several of these sites in different niches for your own online empire. Add some advertising on your site and make even more… Can you say cha ching!

Affiliate Programs – Selling other people’s products have become a huge success online. You simply send people your coded affiliate link that your affiliate partner gives you and if people click on the link, and then purchase that product, you make a commission from the sale. To learn all about affiliate programs check out Rosalind Gardner’s Super Affiliate Handbook located at http://superaffiliatehandbook.com/. It will show you everything you need to know about selling other people’s products.

She raked in over $435,000k online in one year! If you join up for affiliate programs in your niche – especially higher paying affiliate programs in your niche you can see greater rewards. Try to find programs with commissions over 25%. Higher priced item products are better since you’ll be able to rake in more money. To find affiliate programs in your niche or market, simply type in your keyword plus the word affiliate program in either Yahoo (www.Yahoo.com) or Google’s (www.Google.com) search engine.

Another great resource is Allan Gardyne’s www.associateprograms.com. These sites will return dozens of affiliate programs that you can join related to your market.

Purchase Products with Resale Rights – E-book products with resale rights allow you to pay a one time fee to get the rights to sell the e-book as your own product so that you can keep all of the profits from the sale of the product.

Start and Online Store – There are thousands of people starting their own online store. The best thing about it is you don’t even need to have any inventory because you can get a drop shipper to do all the shipping for you.

You can either sign up for programs like Commission Junction (www.cj.com) or Link Share (www.linkshare.com) and get a commission from the sale of products you are promoting on your site and you’ll receive monthly checks in the mail or you can contact companies that drop ship the product directly to your customer. This saves you the trouble of having to go to the post office.

Have a skill? Get hired online – If you have a skill like writing, editing, design, programming or customer service skills you could find a great opportunities to get paid by simply using your skill. Many companies need help that’s why this is a great opportunity for you. Check out www.Elance.com or www.CraigsList.com for positions you can do at home. You don’t have to leave home and you get paid. Pretty cool!

Wayne Van Dyck is a former venture capitalist and builder of offline technology companies. He is the founder and developer of Simple Money Machines. Simple Money Machines is all the money making technologies in one, easy-to-use, hosted application… enabling non-technical people to set up online businesses in less than 30 minutes. It’s made for people with 9-5 jobs, retired folks, stay-at-home moms and college students. To get a FREE copy of “STARTING A HOME BUSINESS MADE SIMPLE”, go to: http://tinyurl.com/ykyoqx.

Permission to reprint this article in its unchanged entirety, including author bio.

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