How To Make Money Online How_To_Make_Money_Online | Page 54

second job at some company. Then you are spending 60 hours a week just working for a
fixed wage - away from your family and giving a large proport ion of it t o t he government
and insurance companies wit h very lit t le ret urn.
So your online business is your second job. Set it up wit h a specific workplace and a
schedule. Treat it like a business, not a hobby. Show up on t ime and ready t o work - not
lat e and hung over or t aking const ant breaks for food - or having t he TV running so you
can "cat ch t he game". Arrange for your spouse and kids t o keep t he noise down - or set
up your garage so it is comfort able all year round and you can easily work t here wit h no
dist ract ions. (Remember, set t ing t his up as an act ual business means you can deduct
t hese expenses from your "day job" income t ax.)
Work out your finances. See if you can get by on only 80% of what you current ly earn in
income from your day job. Means you are going t o have t o set up a budget and find out
what you are spending your money on. Or - you could simply have your check deposit ed
direct ly, 80% going int o your checking account and 20% going int o your savings account
(preferably) or anot her account .
What you do wit h t hat 20% is t o set half away for savings - never t ouch t his for anyt hing
except , perhaps, a real emergency. The ot her half (10% of your income aft er t axes)
goes t o invest ment . This is what you are allowed t o spend on your online business. But
t he idea again is t hat you are invest ing in your own business - not just blowing it on nice
st uff for your home office.
Once you have your home business set up, you are t hen - an only t hen - ready t o really
st art in on Int ernet Market ing, Sales, and Delivery.
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