What Makes A Home Based Internet Business Model Work

by GuestPoster

Everyone seems to think that doing business on the internet is a radical new method of commerce. They act like all the old rules about what makes a successful business should be thrown out and a new set of rules adopted. I think this came from the dot com boom about ten years ago. I remember people saying, “It doesn’t make any difference whether we make money or not. Look how many eyes are seeing our web page.” Well as it turns out a profit did matter and the companies who didn’t understand that burnt up a lot of investors cash making the point.

If you are interested in any kind of home based business you will do well to learn from those dot com companies. You have to make a profit to stay in business and the way you make a profit is to give people something to buy that will solve their problem. It doesn’t matter what the problem is. If people don’t have a pressing reason to buy your product then they won’t. And if the item doesn’t do what you say it will there won’t be many other people looking to purchase what you have.

Building a successful home internet business is really based on the fundamentals of business that have been practiced for centuries. Find an audience that is hungry. It can be any kind of hunger but it must be motivating. Develop a way to satiate that hunger. That is, develop a solution for the people who have the problem. It is the old idea of build a better mousetrap and the world will beat a path to your door. Except the world won’t do that unless one more item is addressed.

You must notify your hungry audience that you have the solution to their problem and you are willing to enter into a business agreement where by you give them a solution and they give you money. If people don’t know you have the solution they have no reason to knock on your door.

The people who are really making good money online understand that the business model does not change. The internet is just another means of communication.

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