Home Based Business Secrets http://www.levelonenetwork.com/ Home Based Business Secrets Revealed! Looking for some Home Based Business Secrets that will allow you to leave your job and spend more time with your loved ones? Well look no further. You’ve come to the right place. Here is where you’ll discover the "home based business secrets" you need to know to make 2013 your best year ever. Now if you’re anything like me you’ve had your share of home based business opportunities and lost more money than you’d care to admit. But still you know that the promise of a successful home based business remains true and so you stay the course. Well, have no fear. Believe it or not you’re probably a lot closer to your breakthrough than you think. So here are a few principles to keep in mind that when followed will keep you on track and with consistency can take you to the Promised Land. Home Based Business Secrets …Income Producing Activity or IPA A major stumbling block for many home based business owners can be knowing the difference between promoting your business and searching for prospects. Both are essential but one is an income producing activity and the other is not. You must train yourself to spend 80% of your time doing income producing activities or IPA for short. If not you are doomed to fail. This can be hard to recognize because there tend to be a lot of moving parts to a home based business. So getting distracted doing activities that don’t make you richer before you have to spend money again happens easily. Here’s an idea. Grab a piece of paper and draw a line down the middle. Then at the top of the page label the left column Income producing and the right column Non income producing. Now think about which activities actually make you money and write them in the left column. Again, they will be related to actively promoting your business. That’s the 80% you need to focus on. Get the other things done but keep things in perspective and be mindful of where you spend your time. Realize that your prospects already exist and are waiting on you. All you need to do is promote your business as far and wide and efficiently as possible so that your prospects identify themselves. Once they raise their hand simply make it very easy for them to acquire your product or service as well as get in touch with you if they have any questions. People love that. Home Based Business Secrets …100% Commissions This is self-explanatory yet still in the world of home based business it continues to be an issue. There’s a considerable amount of work involved making any home based business successful regardless of the product. Wouldn’t you agree? Then doesn’t it make sense to get the most money possible for that effort? I mean if you gotta grind it out then why not get the highest payout there is? Not only does it make sense it’s absolutely vital. Most home business opportunities pay out somewhere between 25 – 60% making it very difficult turn a profit as well as scale the business. People fail most often because they choose a company with a compensation plan that is too difficult to work given their skillset at the time they joined the opportunity. Many companies lie about your chances of success and purposely teach methods that are outdated or simply don’t work. Not to mention you’d need to have sales numbering into the thousands to see real life changing income. I’ve been victim to this kind of thing more than once, let me tell you. Within the last 2 to 3 years companies have begun to emerge that offer 100% or more commission structures. These are typically information based opportunities that grant you re-sell rights to the information and all done entirely on the internet. Leading corporate manager Peter Drucker said in year 2000 that Webucation would become “The Next Great Growth Opportunity” and we can see that trend continuing into the home business sector. This is great for budding home business owners allowing you the chance to recoup your investment with the very first sale. There are companies that even pay 200% even up to 300% and I believe this will continue on into the future. These kinds of opportunities are extremely profitable and are changing the home based business landscape for the better. Home Based Business Secrets …Leverage In the home business world it’s best defined as the ability to use others time, talent and resources to increase your sales and income. J. Paul Getty once said, “I’d rather have one percent of a hundred people’s efforts than one hundred percent of my own.” t's about getting more done in less time with less effort. That’s leverage folks! When you enter the home based business arena you find that many companies claim their compensation plan will give you leverage. Very often it is only true in theory. That old example of three that get three that get three never happens that way, if at all. The fact is that you must have the knowledge of a seasoned marketing professional in this industry to achieve leverage with most of the programs out there. For the new person and even not so new, that realization can be very disheartening once you’ve gotten started and the initial excitement is over. In this age of high technology, an automated system with a well-developed, high converting funnel is needed to achieve real leverage in the home business game and many companies fail miserably at providing that to their sales reps. I personally will not join anything without a well-designed sales funnel and automated system in place to take the load off. There’s just no need to work harder than you have to, ever. Home Based Business Secrets … Automated Systems The use of technology to drive the sales process is truly a wonder of our time and allows even an average person to achieve significant, life changing income in as little as 60 days. When setup properly, an automated system will educate and inform your prospects regarding your business. It will also follow up at specified intervals to induce a buying decision. This gives your customer plenty of time to sell themselves on your business or products with no pressure on your part. Mastering these kinds of systems creates the highest advantage for the home business owner as you can literally amass a fortune without ever picking up the telephone. With an average workday of one to two hours these systems fulfill the home business mantra of the last 40 years which is having time and money together. Typically it begins with an opt-in or capture page that collects the email of a prospect in exchange for more information, a free e-book or some other offer. Videos, webinars, conference calls and emails follow and build a relationship with your prospect over time allowing them to feel good about the opportunity or products and doing business with you. When the decision is made to join that prospect is directed to your sign up web page and you receive the commissions for all the purchases they make. Year after year more and more home business millionaires are being created through the use of these systems. So if you’re not using an automated system you’re working backwards. Home Based Business Secrets …Multiple Streams of Income I’m sure you’ve heard that to be truly rich you must have multiple streams of income. Well it’s true. Today we live in a world where people compete for your eyeballs which makes promoting a single offer a lot harder than it used to be. The constant chatter and information overload you can experience on the internet almost ensures that your prospects will be confused about which product, service or opportunity to buy into. See, when you promote just one product, the very best thing that can happen is that your prospect buys your product. But if they don't buy then say goodbye ...to your money. When you have multiple offers you significantly increase your chances to make a sale because there’s more for your prospect to choose from. And no matter how fired up you are about your company there will be folks out there who could care less and that’s just reality. So when marketing multiple offers it's a good idea that they be related in some way or complement each other. That way you increase your sales ratio even further. It’s the smart way to run a home based business because you maximize each marketing effort and dollar spent while getting multiple checks. It doesn’t get better than that you guys. Once again, to do this effectively requires an automated system with a high converting funnel. Home Based Business Secrets …Seeing Is Believing I've said a lot here but I hope these tips have been helpful and I wish you much success. To see real world examples of the principles discussed here I recommend these two automated systems. These are the only two systems I endorse and if you're looking to get started with a home based business you can't go wrong with either one. Choose the system that makes the most sense FOR YOU and then get started! Click the links below, leave your email and see these systems at work. Thanks for viewing my fast ranking Level One Network blog and I appreciate your comments and feedback! Take care and L8R!