Answering the Five W’s in Your Legitimate Home Internet Business
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Copyright @ Lily Boynton
http://www.plug-in-4-profit.com
When you are starting your new home business, your mind, or I must say: your mindset, is the starting point. It is imperative to know the Who, What, Where, When and Why when considering starting up a legitimate home Internet business. The five W’s will greatly influence your chances of success dramatically.
Let us look at the five W’s individually.
WHO; who are you doing this for? Is it for personal gain and notoriety, family obligations or maybe to help a friend in need. If you do not clearly know and understand whom you are doing this for, you will have a very difficult time maintaining the motivation to achieve the level of success you desire.
WHAT; It is crucial to know exactly what it is you wish to achieve. Achieving success comes from knowing precisely what it is you want. Then next step is to set goals that are specific, measurable, attainable, realistic and time based, better known as S.M.A.R.T. goals. To learn more about goal setting just do a quick search on your favorite search engine, there is a great deal of information available.
WHERE; research is the key here. There are countless ways and places to set up a home business on the Internet. What is most important here is to keep a level head and an open mind while doing your research to determine your chosen field.
It is highly recommended that you never make a purchase at the first offer. Look around and do some comparison-shopping, or window-shopping if you will. If the original offer was the best, you can always return and purchase later. Keep in mind that the first offer you see not always be the best in value. Keep in mind that the Internet is extremely competitive.
WHEN; knowing when to launch your business is where many marketers fall short. Ensure that your business is completely ready to go. Test everything before your launch.
When setting up your business try to keep your mindset as if you were the customer. Would you purchase this product or service? Would you subscribe to this newsletter? Does it have value offered? What makes this product or service stand out from the rest? Until you can answer these questions with conclusive statements, you are not ready to launch. Always keep in mind that your name and reputation are always at stake. Online purchasers have very little tolerance when things go wrong.
Studies have shown that you usually have thirty seconds or less to grab your visitors attention. If there is nothing of great value, your potential customer will simply move on and probably never come back. Be completely ready when launch time comes. On the Internet, first impressions are paramount.
WHY is one of the most important questions to ask. Why am I building this business? Why will my customers buy from me? Why is this the best product? Why did I choose this web hosting company? Being able to answer any and every possible question about your business will give you the knowledge and the tools to build your website as well as your compelling sales pages to perfection. Asking yourself why will clearly give you the right answers to provide your future subscribers and customers before they need to ask.
Keeping the five W’s in your mind throughout the planning, preparation, testing and launch phases of your business will provide you with the greatest chances for success. You owe it to yourself and to your potential subscribers and customers. Your mindset is what is going to make or break your legitimate home Internet business, after all everything starts with an idea.
home business internet home business mindset online business starting a home business
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[…] Answering the Five W’s in Your Internet Home Business Copyright @ Lily Boynton http://www.plug-in-4-profit.com When you are starting your new home business, your mind, or I must say: your mindset, is the starting point. It is imperative to know the Who, What, Where, When and Why when considering starting up an Internet home business. The five W’s will greatly influence your chances of success dramatically. Let us look at the five W’s individually. WHO; who are you doing this for? Is it for personal gain and notoriety, family obligations or may […]
I love this article. I never before thought of my internet business in terms of 5 W’s. These are all, of course, very important questions to answer if you want to start an online busines (or if you already have one - like me).
Johny,
I’m glad this article inspire you, thanks for commenting
Lily
Lily,
Thank you, The 5 w’s is a very important part of starting a home business. You have completely opened my eyes and will open the eyes of many with this post. You have captured the fundamental necessities of starting a business.
Matt Belock
Start A Home Business On The Internet
Hi Lily,
Everyone must ask themselves thes questions as to what is their purpose with this business. Passion and motivation have to be the main drivers also.
Great article,
Jim
Searching For An Online Income Opportunity?
Hi Matt,
thanks for commenting, I’m glad that you have enjoyed my post
Lily
Hi, Lily:
What a great concept and great outline for an article - the 5 Ws!
An excellent way to analyze a prospective Internet home business venture and help get a person focused and directed.
StarrBizz.com
Hi Lily,
The 5 W’s.. I love it!
You really have pointed out all the main points you need to start an online business and to carry on and succeed with it.
Great post.
Carol Aston
Hi Lily,
Good post. I believe these are all what successful marketers have found to be very effective in their journey to the top. Thanks for sharing.
Peter Lee
Work From Home Ideas
Thanks Lily - this is a very refreshing way of looking at starting a home business, and full of sound ideas.
Ros
Hi Lily! Very inspiring post.It´s important to plan your business before starting and then following your plan every day after that.
Great job, keep up the good work.