October 6, 2009
Investigate before starting a home business
Make a million before the end of the year! Ugh, not another lame marketer! Not another one! I don’t know about you, but all you need to remember is you need to do your “Due Diligence” first!
Be prepared to investigate a home based business that you think you could do well at. Your choice of a company will depend on whether you are business oriented or product oriented or people oriented. Just make sure and ask a lot of questions before jumping in to the next latest and greatest company such as:
- How long has the company been in business?
- Any business under 5 years is risky.
- What kind of science is behind the product and has the company conducted independent research and studies as well?
- Google the company to find out more information on them.
- How does the compensation plan work?
- What is the Buy-in to get involved and is it necessary to get to the higher levels? My advice…I’d stay away from any program that requires a large buy-in if you pay more money. Large buy-in to me is, “What am I willing to lose?”
- Is there inventory that needs to be purchased? Usually get them from large buy-ins.
- Importantly, who you join with will determine how successful you will be in the business. A helpful and available support structure is critical to succeeding.
- What kind of training? |What kind of support? |What are the resources and tools does the company have to help you be successful?}
The networking business over the past 10 years or so is gaining much more popularity and is gaining respect from people such as Robert T. Kiyosaki and Donald Trump in their book, “Why We Want You to Be Rich”. Since there is a low risk in capital and a good proving ground to see if you do have what it takes to build your own business from the ground floor if you have done your homework.
Scam sites are really negative, I don’t like visiting them because I feel like there is nothing good to even start doing. They are very negative people and have nothing to say good about anything except their site.
Here is another way to make good income on the Internet.
Earn money by learning how to build profitable websites using affiliate programs such as Google Adsense, Amazon Affiliate program, LinkShare, and PayDot just to name a few. Build your site, and promote it in a personal review.
You can see some examples like these Alkaline Water or Market Samurai or in Garmin GPS Handhelds.
Filed under Beyond Random Ramblings by Arjuna