Home Business Tips - A Realistic Income Timetable

Home Business Tips - A Realistic Income Timetable

One of the things that people do, or at least they should do, when starting a home business is try to figure out some kind of a timetable for generating an income. The problem is, most people have unrealistic expectations. You've heard the saying, "I want it all and I want it now" right? Well, running a home business doesn't quite work that way. In this article, I'm going to give you a realistic time table for generating your income. If you can hit these goals, you'll do just fine. My thanks to my friend Stan for supplying me with the data for this article. I've modified it slightly to coincide with my own findings.



First thing you have to understand is that a regular off line brick and mortar business takes over two years to see a profit. So why anybody in the online world would expect things to be any different is beyond me. Heck, I only made $28 my first 5 months. Things take time. Having said that, here is my realistic timetable for achieving your income goals.

Your first goal should be just to break even. That's right... spending no more money than you're making. That should happen in the span of about three months. If you can break even in that time period, you're doing okay.

Your next goal should be to make a profit of about $250 per month. This should be achievable in about three to six months. Why $250? Because this is a significant figure. It's enough to pay a bill or even put away some money for a vacation in the summer.

Next is where I deviate slightly from Stan's data. I believe that within the next six months to one year, there is no reason why you can't be generating an income of about $3,000 a month. Why $3,000? That comes out to exactly $100 per day for a 30 day month. Where do I get the $100 per day? This is an easily achievable figure doing some very simple things like freelancing... a subset of IM. It's something to consider in addition to your regular marketing.

My next stepping stone is $5,000 a month. This is something you should be able to achieve in your second year. Why? Because after I stopped messing around and got serious, that's how long it took me to reach this income level. If I can do it...YOU can do it. I'm no rocket scientist. Yes, it will take a considerable amount of work but it is possible.

My last goal is $10,000 per month. Stan says $8,333 because that's what you need to reach 6 figures a year. I say heck with that. I'd rather make 5 figures a month and get me well over that hump to allow for income tax. If I make JUST 6 figures a year, after taxes I'm below it. At $10,000 per month, after taxes you're just over it...depending on your overall tax bracket and where you live. You should be able to achieve this figure in your third year.

Wooden Church in Russia

Wooden Church in Russia

The Snow Car

The Snow Car

Amazing Leaves Artwork Animals

Amazing Leaves Artwork Animals

Sony Cybershot DSC-T99 Compact Camera

Sony announced a compact camera Cybershot DSC-T99 equipped with 14.1 megapixel camera, Super HAD CCD, Carl Zeiss lens with 4 x optical zoom and high-performance image processor BIONZ. Supports HD-video recording in 720p with a resolution of 1280 × 720 pixels at 30 frames per second.

The camera is equipped with a touch screen with a diagonal of 3 inches, 32 MB of integrated memory, slots for flash cards Memory Stick PRO Duo and SD / SDHC, as well as optical image stabilization SteadyShot. The value of light sensitivity up to ISO 3200 values.

The camera has a function of panoramic photography Sweep Panorama, which can be used under water. Dimensions – 93 × 56 × 17 mm, weight – about 105 PM. Cyber-shot DSC-T99 will be available in black, silver, pink, green and purple at an estimated price of $ 250.

Home Based Business Startup Tips

Home Based Business Startup Tips

You might have seen lot of internet websites offers to build home based business startup and after spending thousands of hours searching, online for information they may not look as good and dandy as you had expected to be. If your internet business has not yet succeeded or not viable, there must be something, you must have missed to have your own profitable home based business startup. There are no big secrets and all it takes is to learn and implement that to earn money online. Set a goal and focus on finding a system that works for you. After you have found a system, you must stick to it.


Here we have a few tips on how to own home based business startup to earn money online.

1. Create a product
The only secret of success in this home based business startup is to find out what people want to buy and then sell them what they want. Create information-based products or your own digitally delivered product such as ebooks or tapes etc. Develop your own specific strategy to earn money by selling the product online.

2. Setup a payment system
Get a merchant account as soon as you set up the website to accept online payments from day one. Integrate the system by linking to your website via encryption software. Address security issues by using trusted providers. Get detailed reporting and monitoring of the figures regularly to identify any particular areas for concern.

3. Affiliate program
Get mass distribution through an affiliate program. After creating a website, find an affiliate program such as Clickbank for collaboration. Affiliate program websites are companies that promote products relevant to the kind of site you have. You can be paid for every click or for every sale by the merchant and for every registration with the merchant's company can help you a lot to earn money 24 hours round the clock. How much you get and how successful you are depends upon your choice of affiliate marketing with your home based business startup.

4. Monitor web traffic
Affiliate merchant directs traffic to his website by providing his visitors fresh content that will keep people coming to his website. Techniques like link building and link swapping, and other Search Engine Optimization techniques get your website links onto other sites where more people can find them.

5. Advertise
For your home based business startup, you need a publicity campaign, search engines or reciprocal linking. Keep the website current with fresh content. Contain something that people will want to keep coming back for. Get feedback with direct articles that have information about your site and by starting a new blog.

Sculptures Made by Scrap

Sculptures Made by Scrap

Rare photos of indira gandhi with family

Rare photos of indira gandhi with family