Many have tried the myriad of 'make money from home' business opportunities bandied online. But there seems no head way. Some have given up in frustration. Others are only working the routine hoping and praying for fortune to smile on them.

But the truth you must accept today is that you can not continue to do the same thing and hope to receive a different result. There is one and only one formula for success in any business. A fat claim right? But you'll agree with by the time you're through this article.

In a nutshell this formula is:

Knowledge + Positive Action x Persistence = Success

Now allow me expand this briefly.

Knowledge: It is true, you can not rise higher than what you know. Your knowledge determines what you can achieve. One thing you must understand is that those who earn 100 times what you are earning right now are not 100 times smarter or more productive than you. The difference is that they know something which you don't. To produce the same or a better result therefore, you need to learn that "something" which they know.

One thing that many have over looked in their quest for their internet millions, is settling down to learn the basics well. They are easily mesmerized by the hype online. Lured with the promises of instant wealth, with doing little or nothing, they jump at any business opportunity. But all too soon the euphoria evaporates. And the result? Regrets!

To really succeed online as an internet business entrepreneur you must learn the basics, practice them and use them well until you master them, then success will definite come.

Positive Action: This is where many others goof. They never get down to working what they have learnt. Knowing and not putting what you know into action will give you one sure result - remaining where you started. Positive action, please note I said positive action, demands knowing the basics and putting your efforts into producing the right results. You must not just work.

You efforts must be geared towards producing the results you desire. Never be fooled into thinking that producing results in your internet home business is any thing different from any brick and mortar business.

Your internet home business is a business and not some sport. Threat it as a business and the results will please you. The hype of working 2 hours a week and earning millions must be taken with a pint of salt. You must be ready to put in more hours in a day especially when you are just starting out. It is practice that makes for perfection, any day!

Persistence: You need to know from the out-set that success in your internet home business is rarely, if ever, an overnight phenomenon. You must be ready to put in effort, clear hurdles and avoid problems on the way.

You must understand that success is a result of years of failures and restarts. And the things that can fuel such a long drive to success are passion and persistence. You must not give up on your dream no matter the circumstances.

Develop the mindset of the successful and push on to success. Most people, when starting their home internet businesses, are passionate and excited at the dream of freedom. But when the reality of the business sets in the work turns out to be hard and stressful. And soon the passion starts to disappear. When this happens, fears, doubt, worry and visions of disaster set in. Very soon a stress-free salaried job becomes a pretty good option.

If you are faced with this situation, you must take steps to keep your passion alive again. What you need is some good motivation. Grab some inspirational material that will help you stay motivated. Found a group (or a mentor if you have none already) of like minds who can help you to stay motivated. Do everything possible to keep the passion alive.

Conclusion: To build a successful internet business that will fulfill your dream of independence and financial freedom, you require knowledge plus positive action times persistence. Take some moments therefore to once again assess where you are right now. Assess your strengths and weaknesses. Which areas do you need to work on? Do something about it.

Chadrack Irobogo

Copyright © Chadrack Irobogo 2005