You're excited. You have a great idea for a profitable online business. Maybe it is an original idea that has not been marketed online before. Maybe you have come up with a new spin on the ordinary. Whatever it is that has influenced you to start your online business, be sure that you have a plan before you begin. This is not the time to pick it up as you go. These are some basic things that should be included in your business plan.
Many websites claim to offer home business opportunities. Some people do make money at home through online jobs, but many of these so-called opportunities are scams. How do you know the difference? Here are some tips for avoiding home business scams.
CONSIDER THE DUPLICATION FACTOR & WHAT EXPONENTIAL GROWTH ALLOWS YOU TO ACCOMPLISH
Let's assume you and everyone in your organization sponsors ONLY THREE persons per month. (In reality some may sponsor none, some 5 or maybe even 10). But for this example, let's assume everyone sponsors just three new persons every month.
Many work at home business are honest, but there are also many that are scams. Work at home scams are only looking to rip off honest citizens such as yourself and make a run for your money. With recent advances in communications technology, namely the Internet, it’s so much easier now to defraud and scam someone about work at home schemes that promises easy cash and instant wealth.
Most people that join a MLM program experience a few problems including:
1. No upline support.
Once a person joins a new MLM marketing program, he or she is vulnerable and needs a lot of help from something or someone.
If you are ready to work at home, the first step is to not quit your current job yet. Unless you don't have a job, and then you are ready to begin. Many people would love to find the perfect work at home job. The truth is that there is no perfect work at home job. What there is are a lot of jobs, opportunities and ways to make money working from home available.
When you learn affiliate marketing, you can begin to make extra money by simply spending time on your home computer every day. Shopping on the Internet is the primary way people make purchases today, and affiliate marketers are right in the thick of a booming ecommerce business.There are millions of potential customers circling the Internet every day and affiliate marketing programs direct them to the products and services they are looking for. Every time one of those customers purchases from your affiliate partners, you receive a commission for your successful advertising efforts. We've got the tips you need to learn affiliate marketing, so you can begin to make money right from the comfort of your own home office.
HINT: LOOK IN THE MIRROR
Which do you want to hear first, the good news, or the tough news? In this business, you don't have to punch a time clock, you don't have to answer to anyone you have no boss. That's the good news. In this business, you don't have to punch a time clock, you don't have to answer to anyone you have no boss. That's the tough news, too.
Have you finally decided to do something with your free time and start a work at home business on the Internet? So, where do you start?
The Things You Need
Assuming that you already know the kind of work at home business you’ll be starting , one of the first things you need to consider is the things you need. You’ll need to make sure that you have the right equipment to help your work at home business on the Internet run as smoothly as possible.
The growth of the Internet and people looking to earn some extra money from home, paved the way for MLM companies to explore over the last decade. With this growth in interest in network marketing, many new companies have sprung up to join the ranks of the time-tested, older MLM companies.
Internet marketing is one of the few fields that offers people willing to put in the hours of work a limitless amount of success. For people with full time "day jobs" though the numbers of hours that can be devoted to building that business are limited. If you follow the outstanding advice below you'll be ready to put your day job behind you before you know it and go full time with Internet marketing.
Before a doctor diagnoses a specific disease, his patient must undergo a series of laboratory exams and assessments. He has to know the history of his patient and how lifestyle affected his present health problem. As results come in, that would be an indication of the time when a physician gives specific drugs and therapies for maintenance. This will eventually contribute to the level of optimum health for that individual. If all else fails, the process will be repeated again.
In this economy today, it makes much more sense to work from home instead of trying to find a second job. It is difficult to start a small business, but as you network, you can start to be profitable. You can use the tips below to start a network marketing career off right or improve the efforts you're already making in the field.
Use your website, or even social marketing outlets, to launch your network marketing campaigns.
An active, interesting blog and a social networking presence can give you a good start. Your network will grow more quickly if you establish your online presence in a social setting. Keep in mind that an active and well designed blog helps too.
This is the age of direct selling. It provides an earning opportunity for the employed who wants a second job and for stay-at-home moms who need to make an income. There are minimal financial risks because the investment is just meager. Those who get into direct selling only need to sell without bothering to dirty their hands with the concerns of manufacturing, shipping and managing employees.
Before launching your business, be sure to first put together your business plan. Without a plan, you're almost guaranteed to fail… so, if you want to succeed, you'll have a plan. Keep your plan simple and I recommend you focus on only one marketing strategy to start.
This Quick Start training system has been specifically developed to help you get a quick start in building your Follow Our Lead business and to give you a solid plan for success. Each practical step will help you to accelerate your learning curve and help get you in positive cash flow quickly with your new business.
Get off to a FAST and ORGANIZED start
There are a few things you'll need to begin doing NOW to lay the foundation for your success:
- Become a Product of the Product: You now have access to some of the best products, education, tools and support to help you become financially independent ever assembled in one place.It's important that you actively use our products and services and begin to experience some life changes. Once you've done that, you'll be more effective in sharing "your story" with others and they'll be more interested in signing up to get the same benefits.
If you do not lay a strong foundation for this business, you will not succeed… it's that simple.
"The most accomplished navigators know that you need two crucial facts – where you are and where you want to be – to know how to set a course." (Diane Kennedy, C.P.A., "Loop-Holes of the Rich").
Let me give you a definition of success that I like.
It's by John R. Wooden, Head Basketball Coach Emeritus, UCLA.
"Success is peace of mind which is a direct result of self-satisfaction in knowing you did your best to become the best that you are capable of becoming."
It is almost impossible in this day and age to maintain a decent standard of living on just one paycheck, but in a family with children it is not always feasible for both dad and mom to have a job outside of the home. Some of the common drawbacks include: Daycare expenses, the need for a second car, and too much time away from the children. This however is the exact situation that a MLM Home Based Business works to its greatest advantage.
A lot of people get into a trap or "loop" of buying eBook after ebook and course after course looking for the magic formula to success.
Most successful home business owners will agree on one thing…
"To reach true success, you need to help others to become successful."
To many this seams a little strange. Conventional thought would have you think that to reach your financial goals, one must work on activities that benefit yourself. That you should only focus on your own needs and the activities that directly affect your pocketbook.
Many times when a brand new person starts a home-based business, they think that they have to learn so many things before they can have success. In fact it can sometimes be daunting. They get caught up in preparing to do their business that they don't actually ever get started.
Do you want to get serious about your home business? I'm talking about not just having a "Hobby Business" but a real serious business from home that supports you and your family so you don't have to worry about being in the "Rat Race"…
People have a desire to work from home for a variety of reasons. Some want to spend more time with their family while others have a health condition keeps them home-bound.
The best way to achieve time freedom with your business is to become better organized.
This is YOUR business and you've got to treat it like a business if you want to reap the rewards of a business. Like any business, you're going to have to maintain some records so you can track your progress and complete the required tax forms when the time comes. Plus you'll want to have important reference material easily available to you when you need it. Spending a few minutes now in organizing your business will save your hours in the future.
What's the best way to create a profitable business? A business you really love that makes the kind of money you really want?
Planning, planning, and more planning.
Before jumping head-long into a new business, you must lay the foundation for long-term success. A good foundation is rooted in a solid plan.
Taking risks can be uncomfortable. Taking risks can lead to failure. So be a bit uncomfortable. It won't kill you. Accept the possibility of failure, for without that possibility there can be no success.
Instead of worrying and complaining about how difficult it is, just get started. Rather than wasting your time and effort on excuses for not moving forward, just go ahead and get started. There are a thousand perfectly good reasons to delay, to procrastinate, to avoid making the effort. Forget about them all and just get started.
When you gain 2 hours a day, that is 14 hours a week and a whopping 728 hours a year or 18.2 workweeks!
Take a look at the list below and implement a few – if not all – of them and see how much time you gain this week and how much more you accomplish! (Note: The time saved listed is per day! They are also very conservative estimates.)
So, you do not want to quit your job; you want to start working from home on the computer to get all the IRS HBB tax credits as an IMMEDIATE raise at your JOB… But where do you start?
One important factor that will increase your success in making money on-line is what I call your business snowball.
Far to often people quit their on-line business because they do not make money fast enough. Imagine joining a business opportunity where you have a monthly autoship of $100 or more. On top of that, you have to pay an additional $30 a month for their marketing system, more dollars for buying leads or placing advertisements. Before you know it, you're needing to earn a couple hundred dollars a month – just to break even! Is it any wonder why so many people quit?
We are not born with courage, but neither are we born with fear. Maybe some of your fears are brought on by your own experiences, by what someone has told you, by what you've read in the papers. Some fears are valid, like walking alone in a bad part of town at two o'clock in the morning. But once you learn to avoid that situation, you won't need to live in fear of it.
Here are 10 Ways To Give Your Sales a Turbo-Boost
1. Design your web site to be a targeted resource center. Choose one subject and build on it. You'll gain repeat visitors that are interested in that topic.
Have you heard the story that Zig Ziglar tells about a little grandmother who cooked some biscuits that failed to rise and came out flat?
When asked why her biscuits were flat she replied, “I guess they squatted to rise and got cooked in the squat.”
Did you know that you will NOT only make MONEY with your home business BUT you will CHANGE as a person!
Here are a few traits I have learned and applied in my life, my business and my future is looking GREAT!
As we discussed on a recent Business Strategy webinar, a fundamental of success in your business is to keep the main thing the main thing…
And that main thing is building your list.
Thanks to John Powell who posted the following GDI Business model to out FOL Team Support forum. These are excellent steps you can take to build your GDI business.
I recognize we all do it our own way, John says, but this helps me knowing that we have our own schedule and some have more to adjust than others who are not that busy already.
I've discovered that those who are most successful with their business are INVOLVED in their business.
One significant way you can become more involved in the Follow Our Lead team is to participate in our weekly training and opportunity calls. Those who fully participate in the conference calls are learning new skills every time to help build their business.
Why People Succeed Or Fail
Parkinson's Law is one of the best known and the most important laws of money and wealth accumulation. It was developed by English writer C. Northcote Parkinson many years ago and it explains why most people retire poor.
I've posted a new article about creating your business plan and specifically a business plan outline for your FOL business. Read the Personal Business Plan and print out the FOL Business Plan Outline.
Dave Ramsey shares some valuable information about starting your business. I would echo his warning against using a credit card to finance your business – not a good idea. If you don't have the cash to get started, well… it's not the right time for you to start. Have enough cash to pay off those credit cards in full each month and never carry a balance.
Here are some great ideas for making your first million.
You do have one, don't you?
If not, the smart thing to do is to start one TODAY!
Your to-list will be one of the MOST profitable tools you'll ever use and will help you become a person of mass production. If you don't begin using a to-do list, I can almost guarantee that the things you need to get done will NOT get done.
A business plan is probably the most important and often overlooked necessity for people starting a business. If you don't have a "written" plan, most people will not really consider you to be in a business but a hobby. If you indend to take advantage of the many IRS business deductions available to business owners, you better take this section seriously.
Take a look at what I consider REQUIRED READING for the home business entrepreneur starting an MLM business.
- Over The Top by Zig Ziglar
Drawing on his forty plus years as a world-class motivated speaker, Ziglar shows precisely how to achieve what people desire most from life — to be happy, healthy, reasonably prosperous and secure, and to have friends, peace of mind, good family relationships and hope.
MA = MR (Massive Action equals Massive Results)
Conversely, SA = SR (small actions equals small results).
Remember this formula as you begin building your business. What your business eventually becomes will depend upon what you put into it and how fast you do it.
There are a few things you'll need to begin doing NOW to lay the foundation for your success:
Become a Product of the Product:
Begin to explore the many benefits you have in your Member's area and begin to use them.
For a variety of reasons, not everyone who joins the Follow Our Lead team will do the simple steps necessary to be successful. What is likely to occur follows the Pareto Principle (or 80-20 Rule) which asserts that 80% of the productivity in your team comes from 20% of the team
It's great being part of a team that is so willing to share with one another – even folks that are not in their direct downline. There are those team members that frequent the Yahoo message board (http://finance.groups.yahoo.com/group/FollowOurLead/) and our weekly online meetings that have much to share with you and are willing to help – if you only ask.
I really like search engine traffic because visitors search you out, rather than the other way around. Would you rather talk to people who ARE looking for you… or chase after people who may or may not have a serious interest?