How to investigate home based business opportunities

How To Investigate home based business Opportunities

If you are reading this post, perhaps you are in a situation similar to mine five and half years ago.

At that time, I worked as a technical recruiter for a company that paid me $28,000 per year. I had three major responsibilities and often felt overworked, overwhelmed and unsupported. I thought the way to solve these challenges was to work harder, network more and to find a better job.

I was wrong. One week after I helped some interns I had hired, I was let go.

A few...

Home based business, home business, work from home work at home, network marketing, mlm, business op

If you are reading this post, perhaps you are in a situation similar to mine five and half years ago.

At that time, I worked as a technical recruiter for a company that paid me $28,000 per year. I had three major responsibilities and often felt overworked, overwhelmed and unsupported. I thought the way to solve these challenges was to work harder, network more and to find a better job.

I was wrong. One week after I helped some interns I had hired, I was let go.

A few weeks later, I received an email inviting me to join a traditional MLM company. I listened to a few testimonials, looked at the website and then joined without doing any research or due diligence.

Although I did not accomplish my goals with that company, I have since gone on to build another business with a non-MLM company. I have accumulated knowledge about the MLM and home business industries.

Here are some tips for investigating home based business opportunities:

1. Do your homework. Get the facts by researching objective information.

2. Look for news about the company. Bad news travels fast, be careful if you find any news about complaints, investigations or questionable claims about products.

3. Ask someone you trust and respect to also evaluate the information you are looking at. Do not ask them to join with you, just to help you with your decision.

4. Make a thorough list of the apparent strengths and weaknesses of the company. Get the facts from those people who have approached you.

Here are some websites where you can get some information:

N Pros has been around for a while. You can find a lot of resources here.

You will find some distributor listings here so be cautious in your evaluation.

There are some threads in the forum about MLM companies.

There are some threads in the forum about MLM companies. You need to get a free membership to post.

Take care to sift through the editorial content.

More about scams and legal cases. You can learn about lawsuits and complaints here.

A website by Lou Abbott with a comprehensive directory and a news service on the industry

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How to increase your online business and destroy your competition

How To Increase Your Online Business And Destroy Your Competition

I know, I know. It doesnt sound too nice. But lets face it, in business, if customers dont pick your business, theyve picked somebody else. I want to help you so that the customer picks YOUR business over somebody elses.

This is basically for e-commerce, so for traditional business, emails, e-zines, etc., might not apply but you might still be able to implement the idea behind the statement.

* Give people a free subscription to your e-zine. Almost everyone is publis...

make money, more money, edc, edc gold, mlm, not mlm, home business, internet business, at home moms

I know, I know. It doesnt sound too nice. But lets face it, in business, if customers dont pick your business, theyve picked somebody else. I want to help you so that the customer picks YOUR business over somebody elses.

This is basically for e-commerce, so for traditional business, emails, e-zines, etc., might not apply but you might still be able to implement the idea behind the statement.

* Give people a free subscription to your e-zine. Almost everyone is publishing a e-zine nowadays so it's important to give something extra with the free subscription. You could offer a free gift or advertising when people subscribe.

* Offer a free online directory. The directory could be full of interesting ebooks, e-zines, web sites etc. If people find your directory to be a valuable resource they will visit it over and over.

* Give your visitors a free ebook. You could also include your own ad in the ebook and allow other people to give it away. If you don't want to take the time to write one, you could ask other writers permission to use their articles. I have written a few articles on this topic. Go to Google or Yahoo and search under my name and e-books. Otherwise, email me and Ill send you my article.

* Give visitors a free entry into your contest or sweepstakes. The prizes should be something of interest or value to your visitors. Offer more entrys based upon # of items purchases or total dollars spent. Example: 1st entry with purchase, additional entries for each $50 spent. Also, most people who enter will continually revisit your web site to find out who won.

* Offer free original content. It's important to give your visitors information they can't find anywhere else. If you're the only source, they'll visit your site. If you are selling beauty products, do your homework and find beauty or health tips and post them on your site.

* Make your web site look professional. You want to have your own domain name, easy navigation, attractive graphics, etc. Again, target your competition. If they have a very basic site, take advantage of that and get a great looking site.

* Survey your existing customers. Do this on at least an annual basis. It is VERY important to find out who your customer base is. By knowing who you are servicing, you can serve them better.

* Test and improve your ad copy. There are many people who write an ad and never change it. Make sure you get the highest possible response rate. Ask people for their opinion.

Take what you can from this; hopefully Ive helped you today. Remember, its your business, & you know it better than I do. The goal is to have you know more about your customers than your competitors do.

 

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