The Best Advice About Starting an Online Home Based Business

Just Google the phrase “get rich quick” and pick one site among those in the first page. Visit the site and sign on. Pay the membership fee required, if any, and follow the instructions given to you to a T. Pretty soon, probably within weeks, sometimes a month or two, you will be rich and have an online home based business to boot.

Okay, that’s possibly the worst advice anyone could give you. I actually threw that in just for the fun of it. 🙂 And to get you thinking – not all advice are created equal.

But seriously, what is the best advice that I can give you? What is that one piece of advice, above all others, that can give you a great start in starting and running a successful online home based business?

Get a Good Mentor

Pretty good advice. No point reinventing the wheel, right? Just find somebody who’s been there and done that and you’re good.

An added bonus would be somebody who is friendly and patient enough to answer your stupid questions without rolling her eyes. 🙂

Great Content

Nobody can argue with that. Web surfers might not be the most intelligent bunch of people you can find, but I’m going to bet my bottom dollar that they can smell crap content a mile away. They have millions of other sites to choose from, so really, anything other than great content is just not going to cut it.

The Money is in the List

A mailing list of targeted prospects is a great asset to any home based business. It is like having your cake and eating it. Every time you create or find a new product, just send out an email and you have people queuing up to buy your product.

Of course it is not as simple as that. A lot of effort will probably be spent in the building and maintaining of the list. But when done well, a good list is like money in the bank.


So, what really is the advice that is so valuable that it is the best advice that I can give you. Okay. listen up. The best advice I can give you is:

“Don’t listen to me, or anybody else for that matter.”

Let me explain. For every advice about home based business that you can find, you will be able to find a “counter” advice.

For example, article marketing is the best way for you to gain exposure for your business, so says a lot of people. Look around and you will find somebody else saying that SEO would be a better way to go.

Some people will say that while the money may be in the list, the time, expense and effort spent in building and maintaining the list is enormous. It is more productive for you to spend the time, money and effort into building niche sites and attracting organic traffic to them. The traffic will be there for years to come and is as good as a list.

And I can go on.

The advice that you get out there is generic, run-of-the-mill advice. It has probably made somebody, somewhere a lot of money. The question you should ask is whether it is suitable for you and your site.

Take article marketing. You have to write at least a few articles a day (the advice usually given is to write a few articles an hour!), and submit them to article directories. After a few hundred articles you will be getting traffic and making good money.

The person giving the advice will tell you that anybody can do it but I beg to differ. I doubt that just anybody can write a few articles a day that is of sufficient quality that a web surfer will want to visit the writer’s site and buy something.

Other advice that you get will concentrate on building relationships with other webmasters, or doing some technical stuff, or writing as much content as possible, or…the list goes on.

You should assess all advice in the light of your business, your skills, your interests and your passion. Just because somebody has made good money selling trinkets on eBay does not mean that you should or can do it.

Your online home based business is about you, your website and your business. By all means listen and learn from all the advice that you get out there. But at the end of it all, it is just advice. You and you alone will have to decide how to put it all together for a successful business.

How to Sell Your Home Effectively

The beautiful home veiled in obscurity will gather no admirers, but a well-marketed home, whose benefits as well as its features are advertised, is more likely to draw buyers.

The so-called “subjective value” as perceived by the homeowner may diverge greatly from a property’s actual worth or market value, thus causing the home to not be priced competitively. Market value, used by appraisers, functions according to objective and practical property conditions, including: location, comparative pricing for both nearby homes and those with similar features or qualities as well as the overall condition of the economy and real estate market.

Once the home has potential buyers, presentation is of paramount importance. An unclean or badly maintained property suggests to prospective buyers that the home has hidden defects and problems that would increase the total cost of ownership, thus dissuading potential buyers from making an offer. Should an offer still be made, the price is likely to be reduced, as homebuyers will leave themselves a larger margin of error for the cost of repairs.

Over-improving and overselling are the overbearing banes of the Toronto home-selling process. A careful balance must be struck between attending to the needs of the prospective buyer and not losing out financially. While certain repairs are sometimes necessary to increase the worth and appeal of a property, homeowners must be cautious before plunging into the fray of home improvement and risking over-improving their homes with the sole intention of attracting a high-paying buyer.

The home seller should be looking for a Toronto realtor with a significant amount of experience and top-notch negotiating skills. Experienced realtors are more likely to secure a higher price at the negotiating table, sell the homeowner’s property in the shortest amount of time and steer clear of hassles and delays in the home-selling process.

Is Now the Right Time to Sell Your Home and Move? – Mortgage Advice

The news so far is that some Estate Agents have indicated that the property market looks to be stabilizing. The average value of a UK home has fallen by 17.7% during the last year from £194,953 to £160,327 according to the Halifax. This means that the average house has lost £30,000 in the last year. The Bank of England’s Monetary Policy Committee has cut their interest rates from 5% in September 2008 to 0.50% last month. A typical Standard Variable Mortgage rate has dropped from 7% in September 2008 to 2.50% this month. Interest rates have never been this low!

It’s a buyers market!
You may be deciding to trade up or trade down the property ladder at the moment. But you need to consider that first house price are depressed at present, homeowners are struggling to sell their homes, estate agents are not selling many properties, the market is erratic to say the least, Mortgage Lenders just don’t have the stomach to lend money and the mortgage market is stagnant. It’s a daunting time to be selling a home or property but a great time to be a buyer -it’s a buyers market!

The market place is littered with private residential homes, repossessed properties and buy-to-let properties for sale. Properties are up for sale for a multitude of reasons from homeowners desperately trying to downsize to control costs to an influx of repossessed homes. The opportunity to bag a bargain has never been better and the bargaining power is firmly In the hands of the buyer.

If you have sold your home and have a 15% to 40% deposit to put down on a new property then you are in a wonderful negotiating position – the market is in your favour. It means that you can negotiate strongly for a remarkable deal as you can probably move fast with the purchase and the mortgage lenders will be more willing to lend to you money due to the size of your deposit.

If you’re a first-time buyer and have a deposit of around 10% and enough money to cover stamp duty, solicitors’ fees, search fees and other associated fees then you should be in a good position to bag a bargain in the current climate.

I was talking with clients of mine who had decided to sell their three bedroom home and downsize. Their current home is on the market for £215,000 and they have a relatively small mortgage of £35,000. I asked what a smaller home would cost and they said around £175,000. They intended to keep their £35,000 mortgage and save the difference of £40,000 from the sale of their home and the new house purchase.

They told me that their home had been on the market for sale for the last eighteen months. They had seen a few potential buyers who were making very low offers. They asked for my advice and I said that unless they really need the money from the sale of the house they should take their home off the market as the housing market will bounce back in the next five to ten years and it would be better to sell a house in a buoyant market than a stagnant market.

Look for the best mortgage deal
If decide not to move then you should consider remortgaging your home to a better interest rate before interest rates start to rise again. The best mortgage deals around at present are available for anyone looking for a mortgage of less than 85%.