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This year, I am working very hard to build my primary home business into a full time income. Part of that is providing my team with a high-level of support. One of the things I have committed to, is providing my team with as much support as I possibly can, which includes my knowledge, experience, and the business building tools I have found to be useful.

One idea I am contemplating is purchasing a reseller hosting account so that I can provide my team with free website hosting as a bonus for being a part of my team. Reseller hosting is essentially buying hosting space from a large hosting company and then redistributing the hosting space to other website owners. You can actually create a business within itself using reseller hosting, if you want to get into selling web hosting.

I currently have a multiple domain hosting account, so getting a reseller account would only be for the benefit of my team members at this point. To be clear, the web hosting I would provide would not be meant as a bribe to join my team, but rather one less expense my team members would have to worry about. I am thinking of providing the web hosting for free for at least the first year and then maybe charging a small fee after that (probably $5 per month, which is a bit less than standard hosting).

Doing this would enable me to setup WordPress blogs for my team members (if they wanted to start blogging and branding themselves) or I could simply setup hosting for their business websites on their own domains. Then, after a year or so, when everyone’s business is growing, the reseller account could become another income stream for me. What do you think?

GVO will become an all-in-one service that we would normally promote anyway: Kiosk Website Hosting, Email Autoresponder, Easy Video Producer Video service, and Hot Conference. This is Mike Filsaime’s, Mike Cheney’s, and Frank Bauer’s hosting company (and most of the big boys).

Just like when they were Kiosk, this will have a viral component, where the emphasis IS on the product, and NOT the opportunity, BUT there will be money to be made for anyone who gets in early.

This is because the compensation plan is a 2×10 forced matrix with a hybrid structure. The forced matrix means people in your upline OR your downline may contribute to your overall income as they refer more and more people. Lots of residual income potential!

Here’s more information about what an amazing passive income opportunity this is:

• You will receive a 50% quick start bonus for the first month on each of your personal referrals.  That’s a commission of $22.47 per personal referral for that first month when they sign up.

• You will receive 20% commissions on your first level.

• You’ll then receive 5% commissions on EACH of your levels 2-10 for indirect referrals. A full matrix is 2046 people, or over $4,500 per month if every person is on the LOWEST price-point product package — and if you DON’T refer ANY OF THEM.

• For those you did refer, you’ll earn a 20% matching check bonus on what your referrals earn too. This is in addition to your normal matrix commissions.

• For every 14 Titanium members in your organization, you get another banked position in the matrix. You can choose to save these, if you choose, and place them where and when you want.  This is a great strategy for recruiting a heavy hitting network marketer. You can incentivise them and offer one of your banked business to be placed directly under them and build their business for them… while you’re building you own!

• Now, GVO will also be sharing 10% of the companies net profits every month (bonus pool) with the top 20 recruiters based on the number of referrals they brought into the company for that month. This  is decided irrespective of the number of people you have in your downline.

It only costs $1.00 to sign up right now for a 2-week trial. Then it’s $44.95 per month for the reseller  hosting account (which means you can sell hosting accounts to others as a side business if you want), the hot conference tool, the easy web video service, and the email autoresponder, and more. I can tell I spend about that just for my reseller host account and my email autoresponder, so it’s like getting the conference tool and the video service and the other goodies (lead capture pages, downtime witness, etc.) for free. And, remember… you don’t even have to promote this to make money! You can make money just by being a part of this – that’s 100% passive income. Don’t miss this – sign up now!

I wasn’t sure what to expect when filing my taxes this year since I started my home business last year. Filing with all this new home business information was uncharted territory for me. But, I kept careful records, printed every receipt, and filed everything away by date. My accountant was my hero today when she told me that not only did I not owe the IRS, but I actually got some money back! I was relieved beyond words!

She mentioned that what helped me today was my careful record keeping and her ability to itemize each deduction for my home business with everything I gave her. Knowing what kinds of records to keep for your business is the 1st important step. There are important things that you need to know when you have home business, like self employment tax and what qualifies as a “home office”. Keep careful, accurate records and take the time to find out what you need to know when you run your business out of your home so that you don’t end up paying for it in the end (literally).