Home based internet business guide Lagos Nigeria - Online business refers to business that is done using the internet as a medium of business. This type of business is also referred to as internet business.

A home based internet business is a home business that uses the internet to promote what it offers and therefore generate leads (or potential customers) to the business using the internet. This may sound confusing to you if you are new to the concept of online business. So I will attempt to break it down further so you can get the sense of it.

The Marriage of The Internet And Business - The Birth of Online Business

The internet was not set up because one magnanimous world leader wanted the average guy to have the ability to start a home based internet business.

Instead, the internet was set up by the military as a way to coordinate their activities globally.

However, a time came when the authorities opened up the internet to the public for the purposes of allowing people a simple means of communication via email.

As more and more people started to understand the value of the email functionality, more and more people started to use the internet to communicate. The population of people visiting the internet grew dramatically.

Guess what.

Companies started to see the internet as a means to communicate their product and service message to the growing population of the internet.

Remember . . . wherever people go in large numbers, that is where advertisers go to market to their target audience.

Since people worldwide were now using the internet in large numbers, big companies and individuals with stuff to sell naturally began marketing to this new audience . . . internet users.

That is how online business was born.

How To Start A Home Business Using The Internet

The advantages of starting a home based internet business include:

1. It is easy to start

2. The start-up capital is low

3. No need to rent an office space

4. No need to employee office staff

5. No need to keep inventory that is difficult to sell

6. Has potential to generate extra income for you and your family

7. Has potential to replace your paid employment and earn you twice or thrice what you currently earn from your paid job

8. Helps you start a business or hobby website centred around what you love most

9. Gives you an opportunity to become your own boss

10. Gives you time freedom so you can spend quality time with your family

11. Results in self-satisfaction and fulfillment because you're doing what you love and earning enough to care for family needs and wants

Now the big question, "how do you start your own home based internet business? How do you start your own online business that you run from your home without spending money on office space or staff?"

The process is pretty simple and straightforward.

Let's start with what you need to succeed with your own home based internet business.

1. A domain name. This is the unique address of your online business on the internet

2. A web host. A web hosting company is the company that host your online business files on the internet. This is the equivalent of renting an offline office space.

3. Website files. This is what makes up the content of your website.

4. Knowledge of how to put this all together to create a profitable online business that generates income for you.

Now that you know what you need to start and run your own home based internet business, the next obvious question is, how do you do this when you don't have any previous experience with online business building?

There is a simple solution.

Subscribe to the services of a web hosting company that offers internet business software that simplifies the process of building a profitable home based internet business.

That is exactly what I did when I started my own online business. And today I earn good money from my business website.

Do You Need To Hire A Webmaster?

If you use a conventional web hosting company for your web business, you will need to hire a webmaster to build your web pages for you.

These conventional web hosts will sell you a domain name and web hosting space. They may even offer you a free domain name to lure you. Thereafter they will leave you to figure out how to proceed from there yourself.

Since you don't know how to proceed further because you're a newbie, you will be forced to hire a webmaster. And webmasters charge big money. This will significantly increase your start-up costs.

My advice?

Don't go that route because it's the path to failure.

Instead, do what I did.

Use a web hosting company that offers a free website builder that has successfully helped thousands of small business people to build popular and profitable online businesses. Ask for proof of success.

The web hosting company I use has helped over 40,000 small business people create their dream . . . a home based internet business that pays the bills.

The online business software I have found super useful is Site Build It (SBI).

I highly recommend you use this same online business software if you really want to build a home based internet business that will make you extra income.

With this software, you don't need a webmaster to build your business or hobby website for you. This software provides the tools and the training so you can do it yourself . . . and succeed.

Click HERE to learn more about SBI

P.S: Want to start earning immediately from your very own home business? Want a home business you don't have to go through the headache of building a website from scratch? Ready to do what it takes to start earning the kind of income you desire.

NOTE: The start-up capital for this business is =N=142,000. Fill the registration form below if you have the capital to start.

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Your life will not become terribly horrible and unbearable because you no longer work for that high paying blue chip company you use to work for.

If you are in paid employment, this is the time to set aside money to invest in stuff that will pay the bills after you retire. If you haven't yet taken this seriously, this is the time to start.

Real estate investing presents a good opportunity for retirement investing because property values are constantly on the rise.

For instance, if you invest in a developing area with bad roads, prices will jump when government fix the roads and the area becomes more accessible to the outside world.

Thinking of investing for retirement?

Think real estate investing. Add real estate investing to your portfolio of investments.

Of course when you start out with Nigeria real estate investing, you will be a newbie. That is why I created the

beginners guide to investing . . . the portal that provides step by step guide to successful and profitable Nigeria real estate investing.

Bottom line.

Do not think that your retirement is a long time away. Start investing for retirement immediately you secure a job. If you are already in paid employment, start retirement investing right away.

Are you a business person?

Great.

Take retirement investing seriously. Invest big time in Nigeria real estate because business has its ups and downs . . . business may not always be juicy. When tough times come, your investment will come to your rescue.

Another thing.

A robust investment strategy will ensure that those tough times do not hit you in the first place.

Bottom line.

Start real estate investing right now, if you are not already passionate about it.

If retirement investing is already something you're keen about, ensure you add real estate investing to your investment portfolio.

I wish you a happy and exciting retirement.

P.S: Need extra cash to care for family expenses and save for retirement? Fill the registration form below to join a multinational health and wellness company that offers a brand partner business opportunity and give yourself a chance to earn thousands of dollars in extra cash every month.

NOTE: You need =N=142,000 to start this business. DO NOT bother filling the form below if you do not have the capital to start the business.

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Investing for dummies Lagos Nigeria - The purpose of this guide is to explore investing strategies deployed by the rich to get even richer.

You can call this guide the definitive investing for dummies guide because nothing is held back. I say it here as it is.

So let's start by asking the question, "who are these rich folks, anyway?" You are a rich man if you each 5 million Naira and above per month. You are a medium income earner if you earn 200,000 Naira to one million Naira per month, every month.

You are a low income earner if you earn below 50,000 Naira per month.

You are a stinking rich man if you earn above 20 million Naira per month, every month.

The above is the definition of a rich man by this investing for dummies guide.

Now that you understand that, now that we are on the same page, let's address the main question:

What do the rich invest in that makes them rich? What are the secrets of the rich?

I will share them with you below.

The Secrets of The Rich

Rich people invest in stuff that give them the most value for their money.

This means that they define in advance the minimum return they want from any business idea they will invest in. And then they assess every business proposal based on whether it meets their expectation or not.

Since we are discussing the secrets of the rich, you may expect me to mention specific names. But that is absolutely unnecessary. Instead, I will discuss the what national and multinational organizations do because it is the earnings from these organizations that fuel the bank accounts of the rich.

So, what do multinational organizations and rich folks do?

They do exactly what I mentioned above . . . they invest only in product lines or investment options that yield high return on their investment.

In simple words . . . they invest in high yield investing options but not the risky ones.

Let's be specific here. In fact, that is the purpose of this investing for dummies guide . . . to give you hard facts.

So, what is the baseline return on investment level expected by rich folks?

Simple answer. 40 percent.

I worked in a multinational company for 13 years before choosing early retirement. So, trust me. I know.

Multinational companies specify a minimum of 40 percent profit margin on their products.

When material prices change or government policy reduces that margin below their expectation, they set up an project team to brainstorm how to restore the lost margins.

Guess what.

If certain products fail to meet the target margin for retaining the product in the market, and virtually every strategy have been deployed to up the margins without success, that product risk being taken off the products portfolio no matter how much consumers love it.

It is that unalloyed passion investing in high profit margin products and ideas that makes rich folks rich. And it is that same passion that makes them even richer.

How does this affect you, the average guy?

Simple. If you want to be rich, think like rich people.

Invest only in high margin products and ideas.

This is the biggest secret of the rich.

The Impact of High Margin Investing - How High Yield Investing
Makes You Rich

Business is about volume and value.

That is, the quantity of products you sell per day and the profit margin per product. If you multiply the two, you will get your total profit per day.

For example, suppose you are a product distributor of an alcoholic drink called Smilie Beer and you make 100 Naira per carton sold.

If you sell 100 cartons of Smilie Beer per day, your profit for that day will be . . .

Profit per day = 100 x 100 = 10,000 Naira

. . . and

Profit per month = 10,000 X 30 = 300,000 Naira

Suppose due to increased marketing you're able to increase sales to 200 cartons per day.

Your profit per day will become . . .

Profit = 200 X 100 = 20,000 Naira per day

. . . and

Profit per month = 20,000 X 30 = 600,000 Naira

Investing Case Study 2

Suppose you have a friend who prefers to become a dealer for Toyota cars instead of becoming a distributor for the manufacturer of Smilie beer.

Your friend confides in you that the reason he chose to become a Toyota dealer is because the profit margin per car is 50,000 Naira. So, he expects to earn more with less effort.

You laugh at him because you believe it takes more effort and capital investment to become a dealer with a car company than to become a distributor with a beer company.

Your friend did not waver.

Your friend went ahead and struck a strategic deal with a Toyota dealer since he did not have the funds to become a dealer with Toyota.

Suppose your friend sells an average of one car per day for 20 working days. That means he sells 20 cars per month.

Suppose too that your friend earns 50,000 Naira from each car sale.

His profit per month will be = 50,000 X 20 = 1,000,000 Naira

Bottom line.

You sell 200 hundred products per month and earn 600,000 Naira. On the other hand, you friend sells 20 products and earns one million Naira.

Your friend sells less and earns more! Wow!

That is the power of a high margin product.

Want to become a millionaire fast?

Manufacture or sell a high margin product.

This is the number one secret of the rich. And they won't tell you about it.

Happily, this investing for dummies guide has exposed this secret.

Lucky you!

Volume And Value - Two Sides of A Coin

Is this investing for dummies guide saying that you must only invest in high margin products and ideas?

YES and NO.

Wait. Why yes and no?

It's because there are always two sides to a story.

Here is the first side of the story . . . invest in high margin products.

When you do, medium sales volume results in high overall profit for you. And you become a millionaire and even a billionaire faster.

The other side of the story is . . . invest in small margin products with high off-take or high sales volume.

For example, suppose you have small capital and therefore do not have the financial muscle to become a big time distributor for one of the telecoms companies.

However, you have found certain hot spots where you can sell recharge cards faster than fast in Lagos Nigeria.

Now suppose you rent a space in one of those spots and you're able to sell 200 telecom recharge cards per day. Suppose too that your profit per card is 40 Naira.

Your profit per day = 40 X 200 = 8,000

Suppose you sell only 24 days per month (That is, you're off on Sundays).

Your profit per month = 8000 X 24 days = 192,000 Naira

Having conquered that location, you decide to invest in more fast track locations like this one. Fortunately, you were able to secure nine more locations like the first one.

The 10 locations will earn you a total of 1,920,000 Naira per month.

That is superb!

Your dream of becoming a millionaire is now reality!

Get the point?

Business is about volume and value.

What is therefore the bottom line advice of this investing for dummies guide?

Simple.

Invest in high margin products and ideas as a priority.

However, if you find low margin products with potential for high sales volume when done right, grab the opportunity.

Channeling Your Investment Returns

There are people who have had successful businesses in the past but who now are reduced to poor folks.

Why?

Well, circumstances changed . . . sometimes caused by change in government policy . . . and their business hit the rock.

The result?

Their finances hit rock bottom and they became poor.

Don't let this happen to you. (It won't if you apply the advice of this investing for dummies guide).

So when your business takes off and you start making huge profits, channel that profit into other investment options like real estate investing, stock market investing, and online investing.

When you diversify your income stream as described above and even more, your secure your ability to continue to generate income to sustain yourself and your family.

For example, think of the business person described above who have become a millionaire by selling recharge cards in ten business side streets in Lagos.

If someday the Lagos state governments initiates a law banning trading in street corners, he could lose his entire 2 million Naira per month business overnight because all his "corner shops" will be closed down overnight.

Get the point?

This investing for dummies guide is saying loud and clear . . .

DO NOT put all your eggs in one basket no matter how solid the basket looks.

Diversify, diversify, diversify!

Fill the simple form below to join a simple business opportunity where you can earn thousands of dollars in extra cash month after month working part-time or full-time . . . and from home.

NOTE: The start-up capital for this business is =N=142,000. DO NOT bother filling the form below if you cannot afford the start-up capital.

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