There are more and more people looking at starting a home based business in 2011. The home business industry has gained a lot of popularity over the last couple of years and it’s only going to get bigger. One that people don’t know is that there is a 98% failure rate in this industry. However, there are certain things you can do when getting started to help you avoid that.3 Steps To Starting A Home Based Business The Right WayStep #1 – The first thing you need to do when you are considering starting a home based business is to prepare yourself mentally. There is a big misconception when it comes to this industry and that is people are made to believe that it’s really easy to get rich with a home based business. So when people look to get started, in their mind they believe that it’s going to be really easy and not require much work. Once they find out they actually have to do a little work, they quit.You can get rich in this industry, and many people do. But you have to be willing to work hard. Now, you don’t have to work 40 hrs per week like a regular job, and you control how much you make so the sky is the limit as far as income potential, but some work is required. Treat your business like a business, not a hobby or a job. Going into business for yourself will come with struggles, so be prepared mentally to rise to the challenge and get through them, instead of quitting when it gets tough. The successful people in this industry have the desire and willingness to do whatever it takes to become financially free, and that’s why they are.Step #2 – The next thing you need to do is find the right opportunity. With so many different opportunities out there right now, this can be a little difficult. To narrow down your options and make it easier for you, here’s to qualities you should look for in home based business opportunity. 1. Training, Support, and Guidance. 2. A Complete Marketing System. Starting a home based business with these two qualities is a must for the best, fastest chance at success.There is a lot to learn in this industry and you will not be able to just know what you’re doing day one. One of the biggest reasons people fail in the home business industry is because they don’t have anyone to show them exactly what to do and how to do it. Training & support is essential to your success. A complete marketing system is also essential to your success because it will eliminate all of your trial and error (which can be time consuming and very expensive). If there is a system in place that others are using and it’s working, all you have to do is plug into the system instead of trying to figuring it out on your own.Step #3 – One you’re ready mentally and you’ve found the right opportunity, now it’s time to take consistent action towards your success. You need to make a commitment to yourself that you are going to go at this opportunity with 110% of your effort. Make a schedule for when you can work on your business, an stick to it. If you can only work your business 2 hours per day, stay consistent and work two hours per day. If you can do more, great. The bottom line is to just stay consistent.Starting a home based business in 2011 could be the best choice you make for yourself and your families future. Use these three steps to help you get started the right way, and then from there, stay focused, stay consistent, and don’t give up. These three steps will get you up and running, but it’s up to you to keep it moving.