The 3 Critical Components of Building a Small or Home-Based Business – Part 2

In our previous post we talked about planning and budgeting and how critical it was to your business success. Today we will be discussing the other two elements you’ll need to really build a successful home-based business.

Component Two – Taking Action

This is critical.  As I hinted at above, no matter how much planning you do, no matter how great your plans are, unless you take the necessary action to implement those plans you won’t be making any money with your own business, online or off.

One of the greatest tragedies of all the hype about making money online and home-business opportunities is that it sells people on the idea that starting a busy is quick and easy, and won’t take a lot of effort on their part.  The problem is that, that’s just not true. Period. Starting and building a business takes time and effort.

And because people are being sold on the idea Read More


The 3 Critical Components of Building a Small or Home-Based Business – Part 1

Now-a-days, there is a ton of information available online and off about small and home-based businesses.  But, the truth is building a successful business can really be boiled down to three critical elements.  

Step One – Planning & Budgeting

Okay, I know that sounds boring and probably isn’t what you’re interested in hearing.  The problem is,  while there’s plenty of info about “making money online”  that’s really not the same as building a sustainable business.  The bottom line is that without actual planning for the key elements of your business, it’s unlikely  you’ll ever have a business and certainly not a successful one.

Now, don’t get me wrong, I’m not necessarily saying you have to create a traditional full blown business plan unless Read More