Many people start up a second home business to supplement their income. Most of these people are either stay at home mothers or people who are inches from hanging themselves due to the stress they face in the corporate world. Some people are retirees who are struggling to survive on a retirement income.

Fortunately, for these groups of people, they are able to generate extra income through the internet. The internet is rapidly becoming the present and future economy as it acts as a market place where everything can be done and people stand to make money from it. Most people already have a computer and high speed internet and have used it to communicate with other people. They have shopped on the internet for something they cannot find anywhere else or something they want to buy at a bargain price. So most of the equipment and experience you need is already in place.

Below are a few tips that will help you generate extra income with a Home Based Business.

Affiliate Marketing

You don't have to be a genius, an inventor or a manufacturer to make a product or coin a service to become rich. With the high penetration of the internet, you can now join several niches, create mini websites and market someone else's products or services.

This initiative has made many stay at home mothers and entrepreneurs thousands of dollars monthly from promoting a few e-books and products. Affiliate marketing is like door to door sales without having to move from your computer. But it works!

Blogging

Blogging will help you generate extra income online. All you have to do is find a niche that you are good at, carry out proper research and create authentic and interesting content. You will have a flow of traffic that is endless. Blogging will help you secure well-paying work as either guest blogger or even get hired by several sites and blog on their behalf.

You can create your own website and curve out a niche which you will promote and generate extra income through payments coming from the services, brands and products you promote.

Tele Marketing

This is still a very huge domain,. You can stay at home and use the phone to market products and services and earn a handsome income. As simple as that, no need to wake up and prepare for work and morning traffic. It is a great way to generate extra income and still be home with your children.