The 7 ingredients to a home-business recipe

An online home business is the right recipe in the 21st century.  Just make sure it has the correct ingredients.  In my opinion, if you mix these seven concepts together in the right proportions, and give it enough 'cooking time', you'll have yourself a tasty little affiliate business.

1. International expansion:  Going abroad is definitely recommended.  That's why digital affiliate products & programs that use AlertPay (like Global NPN and TrafficWave ) are excellent.  Things like currency & shipping limitations (not to mention various local laws) can reduce your potential marketplace.

2. The compensation plan:  You'll never have a profitable work-from-home business if your affiliate plan doesn't pay. With such a business, you must have a strong earning potential and unlimited growth opportunities.  Whatever you do, don't put all of your energy into promoting a company that doesn't pay you anything.

3. Passive and residual income:  The kind of affiliate plan that you want to promote are the kinds with a recurring monthly charge, even if it's a small one.  That's because your sales efforts should keep paying you over and over again, rather than just one time.

4. Stockpiling or product shipping:  Do you really have the time and space for this?  Online, your products can be digital and so there is no need for you to personally ship or stockpile anything.  So don't do it.  Avoid promoting anything that requires you to warehouse goods or make trips to the post office. 

5. Mobility:  This really ties in with #4 & #1.  Not only do you want the freedom of a world-wide marketplace, you also need the freedom to do your business anywhere!

6. Effective online marketing that produces results: This is the where the real learning curve is.  Effective list-building, email marketing and SEO techniques take time to learn and implement.  This is where most people hit the wall.  But if you make a study of it, create a plan and follow-through on that plan, you will begin to see some results.

7. Become a leader: Once you have the other six ingredients, this last one becomes a natural.  True MLM style duplication and overall success can't come until you are able to teach others what you have learned and demonstrate expertise.

All of these ingredients are essential for a successful work-from-home business.  Why not start cooking yours up today?