Home Based Business Opportunities,
How to Identify Which is Right For You
Home based business opportunities may be a dime a dozen however, I have developed a STRICT set of guidelines to judge if an opportunity is for you.
All 10 of these guidelines must be in place for you to have success in an opportunity. So lets jump right into it.
Please read these very carefully. Your success in any opportunity will depend on these factors:
1. Finding a mentor; someone you can trust.
Someone who has a true system that you can plug into. Also, this person has to already have the results that you desire.
Most importantly this mentor has to be someone who is truly willing to listen to your needs and cares about your success.
The mentor must have a financial interest in your success and it is important that they get paid every time you do!
2. Make sure their team is having success with the system that is in place.
You may find that this is where most will come up empty, mainly because their system doesn't work at all!
3. Make sure the products being sold are actually legitimate, stand alone products.
You are looking for products that would sell themselves if they were just sitting on the shelf. Most home based business opportunities that are direct sales and network marketing companies are simply built around the compensation plans and not the product.
If you don't have a stand alone product you are going to have a heck of a time trying to build residual income.
Also, your business will fail because most other people can't duplicate what you're doing.
Check to see what percentage of the products sold are retail sales.
If distributors are only buying the products so they can sell them to their recruits, BEWARE.
There are plenty of good home based business opportunities out there for you to find. Pick one that fits you.
4. You want to make certain that any home based business opportunities that you are considering, you are working with a team that has a turnkey marketing system in place that anyone can duplicate.
This needs to be a fool proof system that ANYONE can plug into and get fast results.
If you have to figure out how to generate your own leads or if the company relies on recruiting family or friends, purchased leads or newspaper ads, SPRINT AWAY.
If you don't have a reliable way of getting quality prospects in front of what you have to offer then you can't be guaranteed long term success.
The marketing system should avoid all the redundant and boring stuff you see all over the web right now. This is very hard to find, so look closely.
5. Make sure that the company has their vision set to long term and is going to be stable for as long as you market for them.
If the company has bad Public Relations, it's for a reason.
Bad PR kills companies Fast.
Also make sure that the company isn't hiding offshore in the Bahamas or Panama to keep out of the reach of the attorney general.
This is a sign of the company's true colors.
6. Find a direct sales company to work with.
I have never personally achieved a significant income with MLM or network marketing type of business models. The attrition is way too big and the commissions are too small.
7. Make sure you don't have to pass up sales as part of your qualification process.
You should be able to earn income from day one. This is absolutely critical.
8. Make sure the company you are working with doesn't have any conflicts of interest.
You can tell by their large monthly fees, offers to sell you leads, or partnerships and alliances that are designed to fill the companies pockets with your money.
9. Find a company that you don't have to do any explaining or personal selling.
You should have a team of people to help you out.
I always give my new people a spreadsheet with about 10 leader's contact information on it to make sure there is lots of support for them in case I can't be reached.
10. You need to learn to trust your gut.
If you feel good about what you're doing, then great, pursue it with all you have.
However, if you can't seem to get straight answers about products, services or systems, run away! They probably aren't telling you the whole truth and they just want your money.
You will be able to tell if someone is trying to actually build a relationship with you or just trying to sell you something.
There are tons of home based business opportunities scams out there just hiding behind the cloak of legitimacy.
Finally, is what you are about to do something you can truly share with others and be passionate about?
If the answer is no, then how will you ever be successful?
Do something meaningful and make what you do about actually "helping others."
Be proud and passionate and if you are using the correct system, it will be impossible for you to fail.
I'll see you at the top!
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