Make Money from Home - Fulltime

Work from Home Full time - Risks, Strategies and Benefits.
Are you planning to make money from home full time? That is, quit your current job and be a full time blogger? Or may be not blogging, but make money from some other site? Working from home has its own perks and risks. The perks are obvious. You get to choose how you work, when you work, there is complete job satisfaction. Here are the risks that you will have to face if you plan to make money from home full time.

1. Kick-Start Risk: If you are planning to start a blog or a website, you may never manage to get enough traffic to make enough money for a living. This unfortunately does happen, and some of the reasons are mentioned in the section "Can you make a living by working from home?"
2. Competition Risk: Lets say even if you manage to make a blog or website and currently you ARE making a good amount of money from home. Even in this case, if your entire source of traffic is based on only a few keywords or pages, then you are vulnerable to the risk of competition. It can easily happen that as newer and better pages on that topic are created you lose your search engine ranknig and consequently lose traffic. In order to avoid such risks, you do not want to be in a situation where you rely on only a few pages of your blog or website for majority of the traffic and revenue.
3. Missed-Opportunity Risk: Your lethargy or lack of discipline or incurious mindset may avoid you from spotting new opportunities. If you never write a page on a topic, you never know how much traffic you have lost. This is a risk you face of missing the money making opportunities around you.

In any case, you are the best person who can decide whether or not you are ready to make money from home full time.

Here is a list of ideas you can follow in order to maximize your chances of success. This list is based on observing some very successful bloggers who make their living by working full time from home.

1. Don't just build a blog - Build a website (on one single domain) which has a blog, a forum and some information or resource pages.
2. Build a Glossary or small Encyclopedia: It is advisable to build a comprehensive glossary of the terms that you will be dealing with on your site. For example if you have a finance related site, then you would want to build a glossary where you explain terms like mutual funds, tax deduction, market derivatives, etc. - one term on one page where you also include an image, an external link and a complete information. The idea is that whenever you use a term in your site or blog, you link it to the page on your glossary. This is useful for your readers, it is also more likely that the readers will click on an ad on the glossary page and these numerous internal links that you will have on your page will also help SEO.
3. Learn to interact with people: Building a successful website is not just about writing pages after pages. It is also about dealing with several other people including your visitors, advertisers, and other fellow bloggers or even your competitors. You will have to make efforts to improve your skills of dealing with people. Start early and never miss opportunities to communicate with people or offer help.

Apart from these you will have to follow the general guidelines of building numerous high quality pages. Remember that although the main perks of making money from home are flexible and relaxed working hours, these perks are only visible once your website kick starts. In the initial few months or maybe a year, you will have to work hard, maybe over 5 hours a day until you get a few thousand visitors and signs of a decent income. You should allow at least one year of time for getting your make money from home project running in full swing.

There are many ways in which you can make money from home. Apart from blogging for money, the following income opportunities seem to be popular.

1. Making money online from home by participating in paid surveys.
2. Making money by finding online data entry jobs which allow you to work from home.
3. Making money by freelance writing.
4. Making money from home by blogging.

However writing a blog or maintaining a website seems to be the best way to make money from home - if you succeed in it of course.