Finding the best home business opportunity! (4 of 8)
Starting your own home based business can be an exciting time, but also very intimidating. With so many opportunities available, you want to select the one that best suits you and is a legitimate opportunity. Diving in to the first opportunity you come across can be a big mistake. How can you find the best home business opportunity? It is imperative that you do the research. Here are some questions to ask yourself in the pursuit of establishing your financial freedom with your own home based business.
- Who is and where is my customer base?
- What kind of financial investment do I need to make?
- Is there an actual product?
- Can I offer my product(s) to the general public without their commitment to start a home business opportunity?
- Is there a money back guarantee for me and my customers?
- When do I get paid and how long before I start making money?
- Is there a support team?
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Is there an exit strategy?
Today let’s look at question four: Will my product benefit the general public?
The best home business opportunity will have a product which is beneficial to people beyond the opportunity. There are some unfortunate trends in the home business industry. There are many scams for which the income opportunity was created first and the products (if there are any) were nothing but an afterthought.
One clue is if there are differing tiers at which one can “buy in” and get an increased income without getting any additional product. The best way I can describe this is to give an example. If you pay $500 to join you will receive commission on the $500 members who join. If you pay $1000 to join you will receive commission on the $500 & $1000 members who join. If you pay $2000 to join you will receive commission on all three levels. Each level provides the exact same “product”, the only thing which changes is the opportunity to earn commission.
Another thing to watch out for is if the products benefit only the people in the opportunity. For example, the product is training material particular to the opportunity or videos to use in advertising the opportunity. It is perfectly acceptable to have training and videos to aid in the opportunity but it is imperative to have additional products for people outside the opportunity.
The best home business opportunity will offer products which have real value beyond the price paid to people outside the opportunity.
Next post we will address question #5
Mike Mitchell
http://www.mikemitchell.biz http://www.strategicwealthsystem.com http://www.thesecret.strategicwealthsystem.com
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