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OneX is an opportunity that can be its own business or can help your existing home based business whatever it may be. When I was involved with the Numis Network whose entry fee was $500, the objection I heard the most was “I don’t have the money.” The entry fee for most home based businesses is usually always around a couple hundred dollars.Most Americans are already skeptical about home business opportunities and add the fact that they will require an investment up front, scares most people away. OneX is designed to help negate the initial start up fees. OneX is a feeder program that provides over $1200 in educational, marketing, and self development products. Those products are divided up into lessons. The cost of the first lesson is only $5.So for $5, anyone can afford this opportunity. I usually lead with OneX and once I have helped that prospect earn a couple hundred dollars, then I will present my main opportunity. So I will have created my own team in my home based business by finding those who want an opportunity, and then help them to be able to afford it.OneX is generic and also can be used for its back end silver savings product. OneX can stand alone or provide its own income stream. OneX is backed by a company called Qlxchange, which is a gold and silver backed savings account. You can choose to buy gold and silver or you can simply withdraw the money.I used to buy books, auto-responders, and all sorts of web based products to no avail. I used to advertise affiliate products, try to create my own products, and everything in between again to no avail. Most main successful internet marketers all usually promote their own generic products that help home business owners.I used to wonder how a $5 program can be lucrative but it is really a $1200 program but most people usually don’t have that much laying around to invest in an opportunity. The low entry fee helps and allows everyone an easy and low risk way of entering into a home based business opportunity.OneX allows for that initial learning curve without wasting hundreds of dollars. I personally wasted over $3,000 in various home business opportunities, products, services, and coaching. That to me is a lot of money to waste as I am from a blue collar background.OneX and Qlxchange provide a great chance to start and help your existing home based business. You can use the tools and educational products yourself, as well as share it with other entrepreneurs and business owners. With a low entry fee this allows everyone a chance to change their life and help others at the same time.

In these difficult financial times that we find ourselves, many people are looking for ways to create additional income for themselves. Yet they don’t know where to go to find the necessary information. These simple 7 steps will hopefully help you decide which type of home business is right for you at this stage of your life and career and where to begin to turn your dream business into reality.

A HOME BUSINESS is simply a small business that operates from the business owner’s home office, lounge or kitchen. It is usually operated in one’s spare time and is often based around the interests of the business owner.

Here are 7 simple steps to help you choose the Home Business that is right for you.

Step 1: What is your Passion?

Some of the most successful home businesses have been built around the owner’s passion for something. Catering businesses are built around a passion for cooking and seeing people enjoy your food. Network Marketing businesses are often built around a passion for talking to people, one’s love for the products and helping people develop their own home businesses as part of the team.

So the first thing you need to do is look for something that you are passionate about, that you love doing in your spare time, and see if there is a business opportunity there. One of the fastest growing hobbies worldwide is Scrapbooking and many small business opportunities are being born out of this recent trend to turn a photo album into a vivid and colorful experience.

So whether it is woodworking or baking or writing short stories or whatever, your degree of success is likely to be higher if the home business is based on something that you love doing.

Have you heard the statement “Follow your Bliss”? Well, what is your Bliss? Because if you can link your home business to your Bliss, or Passion, you will be ahead of the game already.

Step 2: How much Free Time can you dedicate to your home business?

For most of us, our home business will be started and operated in our spare time. So now you need to decide how much time you will be able to devote to your new business. And for those of you who say “but I have no spare time for anything new”, I say, “look at how you spend your days and nights and you will see how much time you waste on non-productive stuff”. A good, and useful, exercise is to keep track of what you do over the period of a week, in the 6 basic categories of Work, Family Time, TV, Entertainment Out, Lazing Around and Sleep. All you will need to do is find some 8 to 10 hours a week that you can redirect, and you will have enough time to develop and grow and successful home based business.

Step 3: How Much Money is available to invest in your Home Business?

This is often another obstacle that people find to starting up a home based business. It is important to realize that some $$ will be required to make a go of anything, but some types of home based businesses require a lot more $$ than others. Often where less $$ are needed, more time is needed, but this is not always the case. And for most of us, the reason for starting up a home based business is to generate additional income because there is never enough money left over at the end of the month, or as they say “the money runs out before the month does”.

A Network Marketing business, for example, will often be able to be started for a couple of hundred dollars and a commitment to spend another $50 to $100 a month on training material, conferences and the like. But these sorts of businesses, if you follow the system properly, can start to deliver income within a few months. An Internet based home business may require a larger outlay in the beginning, maybe a few thousand dollars for the training program and software required and can become cashflow positive within 6 to 9 months. Buying into a Franchise on the other hand may require many tens if not hundreds of thousands of dollars. So look at your cash flow and decide what expenses you can give up temporarily, so as to free up some money to invest into your business. No business can be truly successful, if you are not prepared to invest some money into it from the beginning.

Step 4: What are your Specific Skills – what are you good at?

The next step is for you to decide how you can use your personal skills in your new business venture. What are you good at? This is linked to the first step, identifying your passion – but it is more about what you can do well and are confident about. So, if you are great with people and love to meet new people and can chat easily to strangers, then a Network Marketing business may be right for you. You will be given training on how to approach people, depending on which company you decide to work with, but your people skills will put you in a strong position to succeed.

If you are good with words, are a good writer and can put complex ideas into simple terms, of if you are creative and can think outside the box, or if you are good at getting other people to do things for you (a good delegator) then an internet based business may be perfect for you. In this modern age, more and more people are searching for information on any number of topics and are prepared to pay someone to provide that specific information for them.

If you are more business focused, a numbers person and can look at a balance sheet and see the clear picture, then maybe buying an existing small business and running it “hands off” may be a good option. This is also good for people with less free time, although some time will be required to make sure the business goes in the direction you want it to.

Step 5: Look at the Options that fit your profile

This is where you will start to narrow down the options that fit in with your Passion, your available Time, the Money you can free up to invest and your specific Skill Set. There are many hundreds of websites available that will be able to offer you the introductions to the various businesses available to you. You can go to http://www.google.com and enter one of the four sets of words as a starting point to find out what options are available. The four main categories are Network Marketing Business Opportunities, Internet Based Marketing Opportunities, Franchise Business Opportunities and Small Businesses for Sale. In each of these categories, add the city or area where you live to limit the options presented to those ones that are more suitable for you.

Step 6: Do your more detailed research.

Once you have identified 2 or 3 business options or ideas that look good for you, then you need to do some more detailed research into those options. Is there a market need for your Product? Is the Network Marketing Company growing strongly in your area and does it have good leadership? Is the small business you are looking to buy producing a positive cash flow with a good client base? Talk to friends or find someone who is doing something similar and discuss with them. Speak to a business broker if this is the direction you are going in. Once you have whittled your choice down and are confident you can make a go of it, now you are ready to start your business.

Step 7: Take the First Step and Do It

There is nothing more exciting, when starting to develop a new business, than to get going, so now you are ready to do something to implement your business. Find out where meetings are being held to do with the Network marketing business you have chosen. Go to a seminar on Internet Marketing if that is your chosen direction and take the plunge. Most of these sort of home based businesses offer a cooling off period, or a money back guarantee, so you will have a month or maybe longer to decide if the direction is right for you. But the longer you put off doing something, putting your dream business idea into action, the less likely you are to actually get it up and running.

If you would like to know more about this subject, or have any questions about Home Based Businesses, log onto http://stuartfish.biz You will find a number of articles on internet marketing there.

There are lots of reasons why you should own a home based business, the main one is to make money. There are plenty of benefits to having a home based business, the ability to work at home, spend more time with family members, and create a greater income than you could ever have thought possible. Now, with all of these benefits, you must remember the things needed to start a home based business.(1) What kind of home based business are you interested in? What areas of expertise do you have? What abilities and interests will help guide you towards setting up the best home based business for you.(2) You really need to take into consideration the amount of time you have to devote to your business, and what amount of time you need to devote to your family. Remember that owning and beginning a business is more time consuming in the beginning. Allow yourself plenty of time to be with your family and to enjoy the things you like to do.(3) Have you planned out a strategy for beginning your new business. To make money, you must spend money in your business. Fortunately internet businesses have low start up cost. Talk to a financial expert on ways to adjust your personal budget with that of your business. Where should you put profits from your home business? Should they go back into the business or into a different account? These are important questions you need to ask to maximize your income.Lastly, what kind of marketing strategy do you have? Are you talking to as many people as you possible can? Business cards, flyers, telephones, and social media (Twitter, Facebook, etc.) are all important resources. When you work at home, it is essential that you take advantage of all the tools and resources at you disposal. The initiative you take to use these tools and resources will pay off in with new ideas, new ways to use current technology, and new marketing strategies to make more money online. With just a little effort and planning, you can make money online!