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21 March 2009

How To Creat Wealth From Home?

Can You Create Wealth From Home? Yes it is possible and many have done it before.

I was reading an articles by Steve Gillman entitle “Can You Create Wealth From Home?”. (visit the author site for more info at :

He suggested a few ways to enable someone to create wealth from home. His suggestion is as follows: (the sentences in bracket are my own opinion)

a) Turn a hobby into a business
b) Be an expert investor (Not everyone can be an expert)
c) Become a copy writer 
d) Sell your house to create wealth ( Im not quite agreed with this)
e) Rent a room ( If you have spare room and you are comfortable having stranger staying with you).
f) Write an E-Book (Are you into writing?)

g) Start saving money (Not so easy to follow)

Having read his suggestion, to really start earning money and create wealth is not as simple as it may seem. It takes time, money (it a must), effort, skills, knowledge, believe in yourself, confident, mindset and many more. However there is another way you can start a business almost  immediately. What I meant was to start an online business using the internet. It cost you minimum to start the business. 

For the sake of discussion, let say we are interested to start a business to sell handicraft via online for example. Before you begin, you need to know few important things that you are going to be using to help setup your online business.

a) Products: You have to identify the product you intended to sell online. List and categorize them accordingly.

b) Where to get the supply: You need to know where to locate the relevant supplier of your product. The supplier must be reliable and ready to supply you the product as when needed.

c) Learn the Internet technology: you must have a considerable knowledge the mechanism of the internet. However, you may not need to learn everything but sufficient for you to understand how it works. You can hire or ask someone to help you with the website.

d) Open up an e-payment account such as paypal. This will enable you to setup an e-payment facility on your website. Client can made payment directly into your paypal account. (

e) Choose a hosting company to host your website.

f) Choose a domain name for your website.

g) Think of an easy way to pack the item and be ready for shipment. It should be simple enough to handle and does not require many workers.

h) Market your site: You should advertise your site. There are so many advertisement sites on the net. So choose carefully. I recommend you use the google adwords.

i) Manage your site consistently. Update any new product. Write a short articles related to your product or site. You also should always reply any enquire via email. Not replying email is bad for your company reputation.

Another good source of information on starting an online business is by reading a book written by

He has many ideas where you can make your journey to the world of online business a successful quest.

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