The Internet is a huge network with thousands of legitimate Home Based Business Opportunities just waiting to be discovered. I call it the Internet Money Tree. This is very much akin to the California Gold Rush of the nineteenth century. Everyone was welcome to come in and take their shot at finding gold or striking it rich. The same applies to home business opportunities on the Internet in 2009 and beyond. You will find a growing number of legitimate home business opportunities on the Internet especially during this economic Recession.More good news is that the Internet money tree with its thousands of opportunities to start a home business on the Internet, are growing very fast. That may be because a home business on the Internet is Recession proof. You can generate income in bad or good times.In these tough economic times more individuals with computers are searching the Internet for home business opportunities. You can expect this trend to increase as the unemployment rate climbs higher. The figures indicate there are about 10 percent of the working population are unemployed.You will need a computer with a reliable high-speed Internet connection and a working knowledge of computers and the Internet in order to basic knowledge of computers and the find the opportunities. Today you can find so many different ways to make money on the Internet, all of which you can execute entirely from your computer. With a wireless laptop, the world is your office and you can operate from anywhere. For your information, your computer has the power to send a man to the moon and perform complicated tasks in a matter of seconds. Surely you can think of creative ways to use your computer to generate income.Thanks to the Internet it is possible for almost anyone to start one of many home based business opportunities online. You can do it and be successful only when you do extensive research, draft a plan, take action and stick to the plan.

Basically, there are several types of home based business opportunities online including affiliate marketing, web publishing and offering freelancing work. You might have heard some feedbacks saying that all these three business opportunities have the potential to earn thousands of dollars on a regularly basis but you would ask yourself the following questions – “Are all of these business opportunities really work for me?” and “Should I choose all of these opportunities in order to build a profitable internet business?”Don’t mix up “enthusiastic” with “greed”. You would probably like to try all methods available which have the possibility to help you earn lucrative profits. How could you possible find an internet opportunity that really works? Here’s how – follow these 3 steps as follows:Step 1: Engage with the right kind of peopleAs a rule of thumb, you need to mix with the right kind of people who have similar interests and objectives. You can do it offline – by calling up friends or people who have similar interests for a think-thank session. This method is hard to do since it’s hard to meet people who are willing to spend their time sharing their experiences especially you’re a “nobody”. The easiest to find the right kind of people is via internet marketing forums. Be a member of one internet marketing forum and start engaging with other forum members – newbies or non-newbies.Step 2: Swap ideas related to home based business opportunities online with othersFrom the internet forum, you can discuss or swap ideas that are related to such opportunities with other forum members – particularly those who are willing to share their experiences in form of personal journal-like forum threads. You would probably learn from their feedbacks before you initiate your plan on working on those ideas.Step 3: Choose the right home based business based on its ROIOnce you’ve tested all the possible opportunities, choose the one which suits you most. This involves tracking your results – basically, you choose an opportunity that can produce mediocre earnings at the beginning. You can also set up your own target before you finalize which internet business opportunity that you prefer – choose one which has the highest Return on Investment (ROI), here’s the formula to calculate ROI:(Profit-Total Cost/Total Cost) x 100%Personally, I would suggest that you choose a home based opportunity online that has more than 5-10% of ROI. After that, try to leverage your business by outsourcing certain tasks to other freelancers.I hope that you’ll be able to build a profitable online home based business by following these basic steps above. Good luck!