Do you have a product that really is worth what it sells for?
Do you think everyone needs your product?
If you don;t have a product that everyone needs you will have a very tough time marketing it. You NEED a stand alone product that people can use and see value in it. So what does everyone need these days?
Well what is the number problem in this Country today? DEBT!!!
What if you were marketing a product that could help people eliminate their debts, pay down those credit cards and live the life they want to live. Could you feel good about saving someone a lot of money. OF COURSE YOU CAN!
Now how may people deal with their personal finances? EVERYONE!
So what would you rather do market a "herbal juice" or a financial product? Easy decision right.
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Wednesday, May 30, 2007
79 million Americans plan to start a business in the next 3 years
79,000,000 (yes million) Americans plan to start their OWN businesses in the next 3 years (Forbes Magazine)
Both Trump and Kiyosaki recommend Network Marketing in their latest book "Why we want you to be rich..
Both Trump and Kiyosaki BOTH say that if they had to do it all over again, they would build their fortunes in THIS industry. (Oh! I almost forgot, Warren Buffet also bought half dozen or so Network Marketing companies last year.)
In fact in Trump and Kiyosaki's last book "Why we want you to be rich." They dedicate an ENTIRE chapter to it! (chapter 25) This is the only business opportunity model they wrote a WHOLE chapter on.
BUT!
Here are Facts about Network Marketing:
- Less than 1 out of 1000 people in this industry will ever make 6-figures.
- 90% of all business WILL fail within their first 5 years (Entrepreneur Magazine)
- Over 30, Million (yes million) Americans have either attempted Network Marketing or are currently involved in the industry.
- Yet 90% make less than $10 a week.
WHY! WHAT ARE THEY THINKING? Why does everyone think this is an industry of easy-riches when the reality is that most are failing dismally?
It's simple: Over 90% of the money in this industry is made by the COMPANY'S OWNERS and Trump, Buffet, and Kiyosaki know this! (Buffet alone reportedly bought 7 network marketing companies in the last year!)
They ALSO know something about LEVERAGE!
Most of the entrepreneurs are lured to this industry by dreams of riches and easy money. A better lifestyle, less work, more free time, nice cars, and lifestyle.
Yet the VAST majority will fail. Here's the long and short to these startling statistics:
Unless you are joining a GROUP or TEAM that is REALLY going to show you the COMMON DENOMINATORS of their success, you are dead in the water. Most people don't realize that unless you are able to leverage the experience of the leaders on your team, you will go broke LONG before you ever make a substantial income. In the end the only people making the money in most companies are the owners themselves and a few people at the top.
Join a team that already has the success you are looking for and duplicate what they do. If you try it on your own 99% chance you will fail.
What To Look For In A Home Business
The first thing I want to know is how the comp plan works. I always preferred direct sales over any other structures out there because you get compensated for your own efforts. You know your own ability and can therefore always rely on yourself!
The second thing I look for is if the product can stand on it's own. You want a product that has mass appeal. People either want it or need it, because the only way you make an INC0ME is from people purchasing this product from you.
The third thing I look for is how long the company has been in business. You want a company that has been around longer than a year. Statistics show most opportunities that are unstable fold within their first 6 months... so I give a 6 month cushion for myself.
Next, I look for is some automation. Why? Automation frees a lot of time and if there is a strong system in place, it will do the DIRTY work for me! I can then spend my time on INC0ME producing activity... or non business related things that I love to do.
I also want to be sure there is a good training and support system in place. I do not want the burden of training everyone who joins me in the business. I want that to be pretty automated as well. Of course, some interaction is necessary and healthy... but I don't mind doing SOME of the work.
Lastly, I want to know people are having success in the business. I always like to hear testimonials to know people are making money, it reassures my decision.
Is this what you look for in an opportunity?
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If you already have a home business and have had some success with it, wouldn't it be nice to get your money working for you now? Maybe you don't know where to start investing? Looking for a good companies and good management is the key.
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Stop Dabbeling With MLM.
Lots of people on the Internet get started in MLM companies thinking they are going to hit the jackpot. I am here to tell you that MLM is not where the Millionaires are being created. You can have a great juice, potion or motion but you need 10,000 people in your down line. Whats the e point of moving all that product for such a small ROI. If you think you can make a solid 6 figure income with MLM. Think again!
If you want to get into a Home Business you need to look at Direct Sales and Networking Marketing. This is where the big players are making the money. A couple sales a month and you can be into the six figures by the end of the year. The key is Marketing. Does you product hold value to a customer? We figured this out a long time ago and you need a product that is for everyone not just a small market.
The Last Company You Will Every Need
J. Thompson
My Website
If you want to get into a Home Business you need to look at Direct Sales and Networking Marketing. This is where the big players are making the money. A couple sales a month and you can be into the six figures by the end of the year. The key is Marketing. Does you product hold value to a customer? We figured this out a long time ago and you need a product that is for everyone not just a small market.
The Last Company You Will Every Need
J. Thompson
My Website
Deciding on which Home Business Idea you want to go with
Deciding what type of Home Business you want to launch is a very important issue. You will want to take into account what you love to do and what strengths you have. You will want to do a little research before you decide on which home business you are going to focus on. For example, you need to decide on which demographic you wish to target, which product or service you wish to market and which method you want to market it. If your chosen product is or service is health related, for example, you may want to research that particular demographic. In this case, you may find that a high percentage of baby boomers go on the Internet for information about health care and supplements. So it would then be logical to conclude that online marketing is a necessity.
You will also need to know what type of home business structure you are gong to choose. For some people, network marketing is the right choice because you gain leverage from building an organization, also known as a sales force or down line. To make this decision you may want to refer to one of the many good home business or network marketing print or online publications that are available as this is a huge subject. For other people retailing the products is enough to provide an adequate income. You will also need to decide which entity is right for your home business. Generally, you will be deciding between a sole proprietorship, partnership, s-corporation, c-corporation and limited-liability corporation. Each one of these entities has inherent strengths and weaknesses and you will want to consult with a qualified attorney and/or accountant before making such an important decision. besides the product or service, choosing an entity may be the single most important decision you will have to make regarding your home business because it will largely determine the amount of takes you have to pay, which assets you can buy with before-tax dollars, and which benefit and perks can be written off as a business expense.
....Many people want to start a home business, but do not know where to begin. Often they have trouble coming up with ideas for a home business. The best home based business will take these following factors into account. 1. Are the products stand alone? 2. Is their support and training? 3. Can the business be successful? 4. Where and how will you contact potential customers? 5. Are the tools in place to plug into and be successful?
Joining a Network Marketing Company
You may decide that you want to join a Network Marketing company, also known as a multi-level marketing company, MLM or direct marketing company. Some people still have an adverse reaction to Network Marketing companies. Perhaps the reason for this is when the industry was new, many of the first companies had old and outmoded business systems which required the Network Marketer to stock products and drag their friends to meetings. Not any more. Modern technology, and particularly PC Power, has allowed people to enter this business when never could before. The industry has changed considerably. The new Network Marketing companies are what is called Wave 3 and some of the bigger Corporations such as AT&T are taking notice of it and giving the the Industry a lot of credibility. In fact it may be the wave of the future. These days, instead of dragging someone you know to a meeting that they may not want to attend, you could just give them a professional audio cassette provided by the company which will help to recruit them. Or give them literature such as brochures about the Opportunity and the Products. A conference call with you sponsor could seal the deal and BAM, you have a distribute. The company will then generally handle or greatly help with training. You can check your stats online to see how much you are making in commissions and see how you organization is doing. It is easier than ever to make a large residual income utilizing Network Marketing. It is actually one of the best ways to grow a business because the business system is excellent and unlike a Franchise operation, the start up costs are very low, usually under $500. Make sure you find a good company. Typically a good company will stand out with all the key tools you need to be successful and the price range will not be so cheap. Thats the making a good company.
There is the misconception among some people that a Network marketing company is similar to a pyramid scheme. But this is simply not true. Actually, the corporate world may the real pyramid scheme when you consider the odds of earning more money than any of your superiors is virtually zero. They just will not allow it to happen. But to earn more than your sponsor is a common occurrence in a Network marketing Company. By some estimates, more millionaires are created through network marketing than any other business system. Some may remember an interview on the "Late Night with David Latterman" show when Letterman asked Donald Trump what he would do if he lost all his money and had to start over. He replied that he would find a good Network marketing company and get to work.
Finding which Home Business is right for you
I guess we all would like to to get paid for working at something that we would be doing anyway, so starting a Home Business from a hobby or interest is probably ideal. Not only will you be your own boss, you will be doing something you love to do anyway - work isn’t really work if you truly enjoy what you're doing. In addition, if you happen to be selling your own products or designs there is probably more of a chance that you will work harder and have a stronger belief in your product. When you get started, read about how other entrepreneurs have gotten their start. You can get a great deal of books from the library which will give you information about tax and insurance issues for your Home Business.
Your hobby may involve a very specific product or may be something that relates to a certain locality (editors note:whether it be
Next you want to calculate your niche market and think about calling local businesses that may want to do business with you (or may be interested in using your products). You could also get a booth at a local crafts fair. Offer to give away a prize and take names and addresses on your sign-up forms to set up a future mailing list.
Remember if you don’t have your own product there are hundreds of good solid products out there to be marketed by you.
Remember to research, network and then research and network some more until you succeed.
Learn about the company we have chose to be our home business.
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