To Succeed in Your Internet Based Home Business You Must Have These Principles in Place

If you have any interest in owning a legitimate home based internet business then you must also have heard that only 5% of all the newbies who set up an online business actually succeed and make any money.

To be one of the successes in the 5% group there are six principles that you will need to achieve as an aspiring newbie to the internet marketing world and we are going to talk about them here.

1. First and foremost you need to have a burning desire to succeed. If you are unable to visualize what you want that success to look like, you are unlikely to join the 5% of top internet marketing money makers. To get to that point you need to be able to live your desire, see and taste it, as this is what will drive you to get the kind of results you want.

2. The next thing to do is to plan and focus. Your goals and objectives are very important, but you also need to work out a plan of action. No business whether it is an internet based home business or a bricks and mortar business, will succeed without a specific plan on how it will work.

All of these points must be written down. Write down your long, medium and short term goals and how you are going to achieve them and read it everyday. In fact your goals should be rewritten at least once a month, even it there is no change in them. By doing this you will focus on what is necessary and keep working at it.

3. Discipline. When one runs an internet based business from home, it is very easy to get side-tracked and not do the work required to succeed. Even though you are your own boss and can decide which hours you choose to work, you do still need to put those hours in and do what you have to do in order to achieve the results you want. This is one of the reasons why planning is so important.

4. The ability to never give up. It is at this point that the majority of internet businesses tend to fail. The skills required to succeed online can be learned by anybody with enough desire to do so, but many people do not have the will power to stick it out until the tide starts to turn in their favour.

Every business has its failures and if you give up at the first failure your chances of ever succeeding are minimal. If you think about Edison who invented the light bulb, he had hundreds of failures before he eventually succeeded and most successful people will tell you the same thing, it is not the failures that are serious it is whether you fail to get up and try again.

5. Be passionate about what you do. If you do not totally love the idea of working from home on the internet, then don't do it. If you don't love the products that you sell or the work you are doing it will become a chore and make you unhappy, so be sure to choose something that you can be enthusiastic about. You need to look forward to getting up in the morning and pursuing your desire.

6. Learn everything you possible can about your business. This is a major key in becoming successful. Continuous study will keep your mind active and filled with new ideas and solutions and also keep you updated on the latest trends and developments in the internet marketing world.

These six principles for success if followed wholeheartedly will set you on the path to a successful and fulfilling future as an internet based home business marketer. Just commit yourself to the task, work at it persistently and follow the principles here for an exciting adventure amongst the top 5%.