With the online industry becoming flooded with numerous business opportunities, it’s easy to get caught up in the hype when it comes to choosing a legitimate home based business.  I have been in this industry for 2 years and I will be the first to tell you that it’s not as easy as everyone would like to believe.  There is a secret to creating wealth online, and that secret can easily attained by anyone if they follow a few simple steps.
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I recently gave a seminar to folks interested in starting their own online business.  Most of them were looking for information about shopping carts, search engine optimization, hosting, and tech related issues.  I believe they were all stunned when I explained that I would not address any of their questions until they told me their niche.

It felt as though 5 minutes passed by before any one said a word.  I could tell that not one person knew their niche.  I expected this.  In fact most hopeful net entrepreneurs miss this very important first step.  Choosing your niche. (more…)