How to Start in Home Business – Best Money Investments

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How to Start in Home Business – The Best Money Investments – Why choosing to not investing in yourself leads to a slow start in your new business.

 

How to Start in Home Business

The Best Money Investments

Home Business - Picture Of My Dad And Brother And Sam Frederiksen In The Middle
My Dad and Brother and I

Not Investing In Yourself Is Not Good For Any Business

Why choosing to not investing in yourself leads to a slow start in your new business. You may wonder so many people fail in home business today. They may have been successful in their careers but still fail in small business.

  • My background was in Carpentry
  • I was good at it
  • Well respected
  • I had expenses to run the business
  • Attended training
  • I invested in my business, seeking the latest tools available
  • Healthy and fit

Why I was good at Carpentry?

  • Worked hard and was teachable
  • Made mistakes but learn’t from them
  • Understood about good work ethics
  • Learned that a good foundation was the most important thing in a home
  • Learn it was important to try do it right the first time.

What would happen if I didn’t Invest in my Carpentry Business

  • More than likely would have gone out of business
  • Would have earned less money due to inferior tools
  • Would have had bad work ethics
  • Most likely would have lost the respect of my peers.
  • Probably would not have had stable employment

Consequences of not training

  • Would have been paid a lot less
  • Made more mistakes
  • Would not of been able to work for same people
Best Money Investments I Have Learn't From
Back at my Brothers Wedding in 2000

How to Start in Home Business

The Best Money Investments

My Best Advice

The home business I will advise you about does have a free to start option, where you can have a look around get some initial training free website access to community and a bunch of other useful perks, however I suggest if you choose that option to remember my background in carpentry story and think to yourself.

What Would Happen If

  • I did not invest in my new home business
  • I did not get all the training available
  • Chose not to stay up to date with latest webinars
  • Only got half the commission
  • Miss out on some commissions together
  • How would my actions reflect on people I will show my business too?
  • I was not able to send a private message

The Best Money Investments

How I invest in my own Business

  • Pay for a premium Membership $49.00
  • Invest a portion of my day to training
  • From time to time I advertise
  • Spend time reviewing my work
  • Spend time learning about my niches
  • I do like self-help books as they help me understand myself and others better.
  • I afford some of this by taking full advantage of some the hosting savings
  • And other benefits I get through my business

How to Start in Home Business The Benefits

How to Start in Home Business

The Best Money Investments

Benefits Of Start Working at Home In Online Business

  • Not having to commute to and from work – In my carpentry I actually felt lucky when I only had to travel 30 minutes each way to work. Normally would be hour at least each direction. Nice saving on fuel and car maintenance just their.
  • Sleeping In – Again getting up many times before the sun was up was very difficult, driving home as the sun was going down in peak hour travel was never fun.
  • Love to be able to have a non rushed breakfast in the morning with my family.
  • Get to drive my daughter to school and home again
  • Able to work when I choose, mind you I really enjoy what I am doing so not really work to me.
  • Able to get stuff done during the day that was very hard in my last business, In carpentry, I lost money to take time off to see a doctor, have an appointment with someone, even shopping was inconvenient.
  • I can dress the way I want most of the time, I try to not be to sloppy lol, as I do have a wife and kids, But I am more casual in dress normally.
  • Large part of the work I do, creates passive income, so I do the work once and it keeps working from then onward.

Consequences of not working at my own Home Business

  • Would feel less motivated about my dreams and goals
  • Would pay more for web hosting
  • Less time with my family
  • Would have less money
  • Would feel like a mouse in a mouse wheel
  • Have no real direction in my life.
  • Less new friends
  • A lot less educated

Why Would this worry me?

Not Starting At In A Home Business Would Definately Worry Me

  • Would not be a good role model for my children
  • I would feel bad about my ability to provide for my family
  • Feel less important
  • Would not be keeping up with trends
  • Lack the training that will shape my life.

How would I feel if I didn’t have my own Home Business

  • Most likely feel unsatisfied
  • Feel a lot more insecure
  • Worry about families future
  • Like I couldn’t help friends and family when they need me

How Would you Answer These Questions

  • Try in the comments below would love to hear
  • Do you already have a home business but getting poor results?
  • Does having a passive income interest you?
  • Will your family be provided for if you get sick?
  • Need a career change?

Check Out How I got Started

  • I did start as a free member
  • Upgraded to premium within the first 2 days
  • Most of the information in my review refers to the free membership
  • Click Premium link on my review page to see why I chose Premium instead
  • Review of Wealthy Affiliate

Conclusion

Even though starting for free is an option and can lead you to success, Much like my carpentry business I had it is not the best approach for How to Start in Home Business and your The Best Money Investments. Don’t think just because you have had a successful business you don’t need to learn new things.

Check out my Review

Leave any Questions and Comments Below

I will get back to You !!!

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Author: Sam Frederiksen

About Sam Frederiksen I am married to my beautiful wife Kerri, We have 4 children, the youngest is still at home The rest are adults now. About 10 years ago I had to stop my carpentry career due to a condition called chronic fatigue syndrome. Over the past 10 years I have looked into many ventures to try support my family.

14 thoughts on “How to Start in Home Business – Best Money Investments

  1. Hi Jeff

    Thanks for your article. It’s good to see honesty and inspirational to see someone who has invested in themselves, through investing in their business, and improved their life.

    I especially resonate with the example you are giving to your children and family.

    I was wondering if you could share more about the fundamental business model of Wealthy Affiliates and what are realistic expectations for the amount of work (e.g. posted articles) required before any sort of monetary return starts?

    Thanks

    David

    1. Absolutely on point question David.

      If you not looked at my review have a look explains a bunch of what you asked As for realistic expectations for the amount of work, I would say that would be directly related to your passion. If you treat this like a hobby I would expect hobby results. If you however treat this like a business like I do. Very much how I treated my carpentry career, You should expect to invest in some time learning by participating in webinars and doing the training involved. The training lays out a step by step process that clearly demonstrates and asks for you to take action.  Again the time this takes would really depends on your passion as I seen some people just read and do no action and get no results. Lets say you do the training get involved become passionate, I suggest you will start seeing returns to your work maybe after a couple months, After a year or 2 would imagine you could replace your income. After that I would imagine you earning a lot more than any other time in your life.  If you lack passion Read this post of mine. Hope this helps David

  2. What has helped me over the years is setting weekly, monthly, quarterly, and annual goals.  This keeps you on tract and focused on your online business.  It can be very hard to stay focused on what is actually making you money when you are working online.

    I have found that over the years my mind jumps from thing to thing.  It kind of drives me crazy at times, though.

    My advice is get in niches you love though.  It really makes it much easier to make money from them.  However, there is a learning curve and I expect that sites I created aren’t going to make me any money within the first 6 months.

  3. On point about free start up, plus you invest so little on the online business and you can actually work from home! I guess you just have to invest in your internet, computer and WA, which we all have that already. I have just joined WA in August, so far so good, amazing learning tools for beginners like me 🙂

    1. Congrats on joining Nuttanee,

      Hope you enjoying it so far, I know I am.  And as for invest so little you not wrong in carpentry my expenses for tools nails petrol and the like were usually over $2000 a month. SO definitely a fair price for a real business not just a hobby

  4. You are quite right and bring up some good points to think about. In order to be successful in any thing in life you absolutely need to invest in yourself.

    It’s like paying to go to university.  It’s to better yourself and hopefully get a better job in the future. 

    To work online I see that it only takes an investment of $49.  Is this once off or per month?  Either way it seems like the way to go for anyone who wants to work for themselves. 

    1. Hey Michel, 

      You totally correct, to better yourself is a wonderful thing to do. The $49 dollars is ongoing monthly fee, but it saves you more than it costs when you take advantage of all it includes. Actually if you upgrade with in the first 7 days first month is only 19 dollars, that is what I did. Is also a yearly option which is cheaper again you can check out premium details here If you not already looked on the review page

  5. Thank you very much for this article it was really helpful, I am a blogger and I invested a lot on my website this really helped me a lot because right now I am reaping the rewards, investing in yourself is good you might not start seeing the result right away but you will see it eventually. Thank you once again for this wonderful post, I will definitely share this with my friends and family, I believe they can learn something from this too.

    1. Awesome Oloyede,

      What do you blog about? I really can’t agree with you more about investing in yourself, cause yes you do reap the rewards. Is like planting seeds, nurturing the new plants and see them grow into a farm that keeps on producing fruits of your labor every year.

  6. I really like the pictures in this article.  It makes me feel like it is personal and the bullet points hit home with common worries and work strategies.  When thinking about a business many if not all of these points are needed to be thought about.  I would like some more information on how or what this avenue of home business is about.  Very intriguing and something I would look further into.

    1. Hey Jeffrey,

      Thanks for positive comments about my pictures, appreciate it. did you have a look at the review link I had near end of my post? if not click this Thank you for the share, I happy to help your friends and family too. Just say hello to me in WA – profile name is Kezsam, Key my wife’s nick name and Sam is my name. Thought it only fitting since it is a home business.

  7. Hi Sam,

    I like how you put everything in bullet points. Very easy and to the point (pun intended)

    you mentioned a membership fee of $49 is that monthly or annually? Also, can you share the name of the website you bought the membership from?

    How long have you been doing this and how quickly did you make money? how much time did you put into this on a daily basis as I am interested in working from home as well.

    thanks

    1. Hey Tarun,

      I like your clear comment, I been doing this just under 2 months, New nothing about websites SEO, how to set up social media, How to make content readable, I hit the training hard though as I treating this like a business not a hobby.  

      I actually made money the second day, Not sure that is normal, but I also invested a little into advertising to get some leads the very first day, just to see how others would react. I got a people interested quite early and the more I learn about the training the more I see why so many people did sign up.  I had looked into stuff for more than 10 years before joining so had an idea what what I wanted to avoid.  

      The time I put in daily varies, as I have chronic fatigue, some days are better than others, sometimes I can’t sleep and now I have something I can do positive in my life at those times.

      I feel it not really the amount of work you do but the passion you put behind your work and the consistency of continuing to move towards your goals that are most beneficial. Is easy to spend 8 hours a day and really achieve nothing,  You can spend 2 hours a day with passion and achieve 5 times the amount in the same time.

      Find passion here

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