SIX STEPS TO CHOOSING A GOOD HOME BUSINESS
SIX STEPS TO CHOOSING A GOOD HOME BUSINESS
Making money from home, using the Internet, is very simple, yet the concepts elude many people who do not understand the core of what is happening. Take a moment to grasp the concepts below and you will see how the home business model truly works and how the Internet can speed up your success if you are determined and persistent.
First: There has to be a quality product at the core that people love to buy.
Second: This product must be a "consumable" or in other words, something people run out of and then re-purchase.
Example of consumables are supplements, vitamins, foods, drinks, even digital services like satellite cable, cellular service, web promotion services, etc. Think about this, a restaurant sells food. If the food is good, you return later and then maybe even perhaps tell a friend. Now that restaurant has a NEW customer that will return as long as they like the food too! With this example, ask yourself, why this restaurant didn't give you a small percent as a "thank you" for brining a new customer to them...
Third: The product has to bring value and create an emotional attachment.
This is what I love about nutritional supplements as a core product that pays a recurring commission. You see, with supplements, the customer actually "feels" the results all day long in the form of more focus, vitality and deeper sleep. Generally, a better sense of wellbeing all while driving in their car, sitting at their desk, even watching TV! Services like digital, they actually have to be using to appreciate. While in bed or driving, do you "feel" the savings, speed or clarity of a digital service? Are you SO EXCITED that you will tell all your friends about it whether you get a commission or not? If you feel good or lost weight, telling others is a natural thing!
Fourth: The Compensation Plan must pay good up front income, stable long-term income and have a low cost personal use purchase/sale to qualify.
Some companies out there require you to make a larger sale or purchase to sell in order to qualify for larger income. A good company will NEVER require you to make a purchase no larger than the amount of product an average adult will use in a month. So, let's say you've referred 100 customers to a company and your commission is 10%. In a good company with a balanced compensation plan, your "qualification" so to speak, to earn from all 100 customers should be a purchase either by yourself or a customer (a sale), that amounts to no more of that product than will be used by one adult. Simple.
Fifth: The company has to have, must have, a proven rock-solid track record.
There is no way around this one. Unless you plan on just making a few bucks online and do not care if the company will pay you for years to come. Ask yourself these simple questions about your company:
Is the product unique to the company and are they its only source?
Is there a money-back guarantee being offered?
Do they incorporate video of the opportunity and customer testimonials?
What are the top distributors in the field earning?
Is the vision and compensation plan stable enough to pay tens of thousands of people tens of thousands of dollars, even millions consistently year after year?
Sixth: Finally, you must like who you are working with.
This is the great part about networking home business. You get to choose who you work with. A person who loves your product is a great person to work with. They have conviction of what you are offering and know it works. A friend, someone you can look up to who has a positive influence on you and vice versa, a person you simply trust. As long as you and whoever you choose to work with share the same vision and can truly appreciate it, it is a win win. This is one of the things I like most about working from home.
I hope this article gave you a good insight into what to look for before deciding to make a company your "Home". Once your business starts paying you, it becomes a lifestyle and your efforts should pay you back throughout your life to the point where you can will down a legacy to your kids, and them to theirs!
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