From coast to coast people are stepping out and starting their own home base business and over 90% of these businesses fail within the first 6 months. There are steps that you need to take in making that big decision on what business you should choose.Step 1 – Who will be your targeted clientele. With any business you need recurring customers that trust and value your services. Pinpointing in advance, who you will be marketing your products to, will speed up operations and cause your business to run more efficiently.Step 2 – Choose products that are proven and authentic and is in demand. Having a vast selection of products will help grow your home base business and satisfy your customer needs. Finding out what your customers want and need will help with your selection making.Step 3 – Decide what you can afford to invest in your business. There are many home base business that has very low start-up costs. Choose one that fits your budget.Step 4 – Good customer service. Is there anyone available to answer your questions or concerns in a timely manner. Choosing a home base business with good customer service and support will not only make you feel more comfortable, but will put you at ease knowing that you are associated with a professional and well organized organization that keeps you in the driver seat.Step 5 – Incentive Programs. Choose a home base business that rewards you for your accomplishments. Being rewarded in a tangible way will inspire and motivate you to improve your performance even more.Step 6 – Medical Insurance. Health care is an important factor in every household. Most home base businesses do not offer health care insurance. The good news is there are still a few out there.Step 7 – Compensation Plan. The most important step is how will you get paid. Is the money enough to meet your financial responsibilities. Can you advance while building your business.When choosing a home base business, take your time and make sure you are getting what you want in every area of the business. You can still make your dreams come true and obtain financial freedom by making the right chose. The steps listed above will help you in your decision making process. Be prepared to reap great rewards in your business.
3 Revealing Reasons Why You Want a New Home Based Business in 2010
You really need to think about this next statement. “You want a new home based business in 2010.” You are well aware of what is going on with this economy. It is going south and it will continue in that direction for some time.The entire reason for this report is to shed light on why people are not getting ahead of the financial game. It is a sad truth, but the educational system didn’t teach us how to prosper on our own. Once we understand this, great things can happen. But with out knowing you have a choice makes a person feel like a trapped victimSee if this sounds familiar. It is Monday morning and you wake up to the irritating sound of an alarm clock. Rubbing your hand over your face trying to get gain some logical thoughts, you realize it is time to get up and go to your job. You know, that place were you rent your time out for wholesale, so your boss can sale it at retail and live out his dream.It’s not necessary to drag out this debilitating story before you realize the first reason to have a new home based business in 2010. Life was not mean to just get by. Take a look around and see how many people just exist. They get up and do the same thing over and over and become human doings. Not you, life is about seeking possibilities and becoming a human being.There is a reason why the philosophers of ancient time said, “do what you love and you will never work a day in your life again.” Think about that statement. Most people never even consider what they want out of life, they just react to what others want.Would you agree there are a lot of people out there struggling with depression? Why do you think it has become almost epidemic? The answer is the second reason you want a new home base business in 2010. Which is to find out who you are and what you are made of. Working for someone else will never allow you to find your unlimited potential. Why? Because you will always having someone else telling you how much you are worth.Take a moment and think about what you would love to do. If money weren’t an issue, what would you love to do? Maybe travel the world? Do ministry work in third world countries? Write a book? Whatever it is, what are you doing to make it happen?Imagine having an opportunity where you can learn and develop who you really want to be. To have someone come and mentor you towards unlimited possibilities. Having success isn’t that difficult if you know were to look. Just like failure, it leaves clues all over; we just need to find them.Which leads to the third reason You Want a New Home Based Business in 2010. To have an opportunity to educate yourself on who you are and what your potential is. The main reason wealthy people have so much money is they understand how the money game works. If you were asked, what is your largest expense? Would your answer be? Most people answer the mortgage or rent. NO! It is your taxes.Having a home-based business is the number one tax shelter in this country today. The majority of home base business owners can write over five thousand dollars off their taxes every year. Get this; you can save between twenty to fifty percent of your taxes that you pay in. Go get one of your pay stubs and look at how much more money you could have, if you had a home base business.If you are ready to make a change in your life and are tired of not getting ahead, then check out the information in the box below.
Free Home Business: Is It Possible To Find A Legitimate Home Based Business That Is Free To Start?
“Home Based Business” will pull millions of hits in an internet search. There are thousands of companies with millions of distributors looking for customers and distributors of their own.
Home business opportunities universally promise substantial income and display the elevated lifestyles of their top achievers to prove the point. Most of these presentations are exciting and inspiring as example after example of ‘ordinary people’ making it big raise our belief that we too can find financial freedom.
The challenge for opportunity seekers comes when they learn it will cost them tens of dollars to thousands of dollars to get started in a work from home business opportunity. Many begin looking for an opportunity seeking one where they can start for free.
Some companies pay their distributors to recruit new prospects and some don’t, but you can universally expect to be asked to pay for the privilege of joining their company.
Is it possible to find a legitimate home based business that is free to start? Probably not, unless you plan on bending the rules a bit.
Here are my suggestions to starting a home business without paying for the privilege:
Do Your Homework
Whether you are approached by a particular company or you are searching for an opportunity you should do your homework. Avoid the forums and reviews by individuals. The sad truth is that most people at too lazy to get out of their own way and too proud to take coaching so they fail. When they tank, they look for someone to blame which usually ends up being the company or their mentor.
Instead, look at the business press. Is the company well established, growing (especially in mature markets) and innovating? It is common for a new company to post impressive growth numbers when it first starts, or opens new markets. The true indicator is how much the company is growing in mature markets, places where they have been for years.
One of the sweetest allures of the network marketing industry, which makes up the overwhelming majority of home based business opportunities, is “Getting In On The Ground Level” which is synonymous with investing your time, effort and resources into a company that is unproven. Like any business, most companies never make it past the five-year mark. Look for a company with some time, about five years, under its belt.
Building a business is hard work. Choose a solid company to invest your time and energy with.
Once you have chosen your company, done your homework, and are ready to get started, you’ll need a sponsor.
How To Get Sponsored For Free
Years ago I wanted a job with a paper company as a sales rep calling on printers for their needs. I had no real experience in this area, but I knew I could do it. My background was in printing plus I could see that these guys made good money and I wanted in.
The company I interviewed with was luke-warm about hiring me. They had a formula for new hires and I didn’t fit their program. I decided to go all out and I made them an offer: If they would hire me and put me on the street I’d work on straight commission. That way I wouldn’t cost them anything.
We finally came to an agreement and I had a great 20-year career. I made lots of money for them and for myself. It was a win-win.
When you decide to start your home business, you are going to need to pitch yourself in a similar way if you want to work around the several hundred dollars it will probably cost you to start with a legitimate company. You need to create that win-win to get them thinking outside the box.
Every distributor wants new customers and distributors. That’s how the business grows and you become one of those people in the videos living the good life. Prospecting is where you will spend most of your time in your business as well as most of your money. When you factor in time, advertising cost and other resources you will be spending a hefty sum for each new person who becomes a customer or joins your business.
Since you are going to have to do it any way, why not start prospecting before you join the business?
If you’ve decided that you want to join ‘Widgets International’ and you have found John Doe, a Widgets International Independent Distributor, then instead of telling him you’ll pay his $250 sign-up fee (hypothetical…varies by opportunity) tell him you’ll put him in front of 10 of your acquaintances for him to make a Widget Demonstration.
All you ask is that the first $250 he clears from any sales go toward your sign-up fee to become a Widgets International Independent Distributor yourself, and that those customers you brought to the presentation will be yours as a distributor.
If you don’t crack the nut in the first go around, meaning you don’t sell enough to cover your distributorship, you simply repeat the process until you do.
How You Sell The Idea: It’s A True Win-Win For Everyone
Your up-line distributor gets to present to a group of people he did not have to spend time or money to assemble. He potentially gets a new, motivated distributor (you) and even if you flame out he now has the people you brought to the table as prospects who he can stay in contact with and convert to customers.
You get a distributorship without writing a check or swiping your card. You even have some new customers and a repeatable model you can use to bring other people to your new business.