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Keys to long-term online business success at home

by Jennifer Marsh

Created on: January 15, 2011   Last Updated: January 16, 2011

It is possible to make a living online, provided you stay motivated and focused. Stay-at-home moms, unemployed workers, even college students can make good money online. However, making money online means you are your own boss, and you must work hard to accomplish daily financial goals. If you’re used to browsing the Internet all day while sitting at your desk, you find working at home much more difficult than answering to a boss once a week. Before you decide to work at home, here are some suggestions for success.

Diversify Where You Make Money

A rule for freelance workers is never use one outlet for income. If that one outlet goes under, you fall back to ground zero.  Always create several moneymaking opportunities for yourself. If one opportunity falls through, you only lose a part of your income. It’s much easier to find another opportunity while still maintaining some kind of income.  No more than 1/3 of your necessary income should come from one website.

Find the Best Networking Websites

Facebook, Twitter and LinkedIn are the common social networks, but find a network website that focuses on your industry. For instance, web content writers should network with other content writers to learn tips and tricks related to the industry.  You can find opportunities, tips for success, motivation and support for all areas related to your business. Networking is especially important for new online business people.

Stay Away from Time Sinks

A “time sink” is a website that takes away your focus, and you find that you’ve spent more time in forums or chat than working. Time sinks can reduce your productivity, which harms your income. Set aside specific times when you work, and leave the fun for after your work day. If you have a habit of reading forums or allowing yourself to get side-tracked, close all browser windows related to forums, games, Facebook or any other time sinks.

Give Yourself a Lunch Break

People who work for themselves have a habit of working through lunch and into the night. Take breaks to avoid getting burned out.  A good lunch keeps your mind focused, so you do not tire in the middle of the day. Go for a short walk to stay energized. Always take time for an activity such as walking, playing with your dog, going to the gym, or other stress-relievers.

These few tips help you get started and stay motivated to earn income from home. Use networking to find opportunities, and keep your income diversified to avoid losing all income from one website.

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