Which Work From Home Business Is Right For You
- Author Andrew Riedel
- Published March 11, 2009
- Word count 1,056
Which Work From Home Business
Is Right for You?
8 Things You Absolutely Need To Know Before You
Decide
Thanks to the Internet, money-making opportunities are
multiplying at an unbelievably crazy rate. There is "something"
for just about everyone out there in the ether. But which
"something" is right for you? Which of these innumerable
opportunities will be the one that will finally see you give up
that job and allow you the time and freedom you know you
deserve?
You want to work from home and have the time to spend with the
family that you never see right now. You want to believe that
financial freedom is possible for you. You also want to have
the time to travel. You are not alone. Today millions of
people just like you, are looking to discover a rewarding
alternative to long, boring commutes, overbearing bosses,
stuffy offices and unsupportive colleagues.
Legitimate money making opportunities abound. Unfortunately,
there are plenty of scams too. The trick is to do your
homework, do some research and due diligence. That’s what this
article is all about. You do need to be careful. Otherwise
you might find yourself the hapless victim of a scam.
So how do you safely pick the right work from home business
opportunity? How do you separate the scams from the genuine
opportunities?
Here are a few questions to ask when you see an opportunity
that interests you;
- Find out if the company offers quality products and pays
large commissions?
Any genuine work from home opportunity will involve the sale of
a product. Clearly, you will want to market a product that
people will actually buy and benefit from. And you want to
market products that have a large commission.
It takes just as much effort to sell a $100 bottle of perfume
(commission $35) as it does a $1500 personal development
program where the commission is $1000. Obviously, if you have
any mathematical ability at all, you will agree with me that
earning commissions from high ticket items is the way to
go.
- Does the company offer quality training and have a support
structure in place?
These days work from home business opportunities are as
numerous as grains of sand on the beach. Many companies take
your money, set you up with a cookie cutter website if you are
lucky, and then disappear into the ether, never to be seen from
again. You then spend months trying to figure out the
business plan for yourself. You’ve spent the money after all
and darn it you say, I going to work it out on my own even if I
go broke trying.
Months later you admit defeat, hopefully wiser, certainly with
lighter pockets, only to start the search for the opportunity,
that is right for you, all over again.
Great companies with excellent training and support structures
do exist. The trick is to do your due diligence and check out
the prospective company thoroughly. Ask to speak to people who
are already working with the company. What is their experience?
Talk with people who have been with the company a long time.
Talk to others who have only been involved a short time. Talk
to people who have made money with the company and to those who
have yet to turn a profit.
- Does the company assist with marketing and lead
generation?
A great company will provide you with a stack of marketing
advice. They won’t do the marketing for you, but they will arm
you with as much information as you can handle and point you in
the right direction. Then it’s up to you to take action. Check
back in with your support team from time to time, let them know
what you are doing, and they will suggest course changes where
necessary, and give you more tips when they feel you can take
them in.
- Does the company have a good history?
Do some research and find out how stable the company is. How
long has it been in business? Furthermore, find out if
it's growing. Whether the company is good or bad, its
reputation will always precede it.
Check it out on the net, but be aware that you need to really
dig to get to the real facts. Lots of people join companies and
fail. It does not mean that the company is dodgy. It means the
individual wasn’t ready for the opportunity or didn’t put in
the required investment of time, energy and capital
required.
Some of these dissatisfied individuals join opposition
companies and market their new business by bagging their former
business. This may be more of a reflection on them and
their new business rather than their former company.
- Do they have a simple business system?
A simple system that you can easily grasp is likely to be
sustainable in the long term because the people you introduce
to the business will also find it easy to understand. A
simple business and marketing system is a joy to behold. I’ve
been with businesses where the compensation plan is so complex
you need several hours of explanation to even grasp the basics.
Believe me, a simple plan which pays high commissions is the
way to go.
- Will it take up all of your time?
A work from home business defeats its purpose if it requires
your every waking moment and then some. The point of working
from home is to have time for the finer things in life such as
your family, pets, friends and travel. Many businesses
that are being marketed today require so much time and effort,
that even if you do manage to make a good profit, you will be
too tired to spend the money, even if you did have any time
left over.
- Will it allow you to work anywhere?
If your business can be run with a mobile and a lap top and you
can do it from anywhere in the world, then you are on to a
winner!
- Do people actually succeed with the company?
Many work from home business opportunities today, in
particular, MLM companies, are only accessible to an elite few
-
- Look for a company with a simple business system where a
significant number of the people are making excellent profits -
I’m talking multiple 6 figures here.
Andrew Riedel and his wife Trish have been self employed and working from home since 1987. They have achieved financial freedom and time freedom but not always at the same time! Now they have found a business which they not only enjoy but now gives them both financial freedom and time to enjoy it. For their free e-course "7 Tips for Success" go to www.SimpleHomeBizSystem.com
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