“Success is the natural consequence of consistently applying basic fundamentals.” Jim Rohn
In challenging economic times, every smart justification can be made to seek a successful home business for the right benefits and independent financial future security.
There is no creative shortage of home-based business ideas and programs where core success is achieved with marketing plans to get customers and sales. Every home business needs to fulfill four main factors: management, production, finances, sales via marketing.
In simple terms, there are two main categories each requiring three steps to easily compare and contrast.
Category A: You apply your own labor, capital, expertise; work your own hours, and earn net profits after gross expenses…production, research, advertising, employees, accounting, etc.
Category B: You plug into a large successful network marketing company, help to market their products, work with a like-minded team, and earn residual multi-level commissions.
Start a Home Business from Scratch
There are definitely many opportunities to work at home with skills and aptitude. You can start a home-based service. If you have a truck, you can start a clean-up/hauling business. You can start a home /apartment cleaning service. By meeting supervisory guidelines you can start a daycare facility or hair/esthetics salon. If you have a yard full of flowers, you can supply fresh flowers to restaurants or offices in your area. You can turn a ceramics hobby into a personalized coffee mug business. If you like crafts, you can design miniature painting fridge magnets and slogans. Local bazaars abound with home based initiatives.
There are some basic steps to get a home business started:
FIRST STEP
a) Do basic market research…define your customers who would buy from you
b) Itemize the details of your business plan…show your start up investment needs, advertising plan, production costs, your sales program and how your time will be allocated.
c) Make sure costs are within your abilities and time commitments are manageable
d) Make sure you lay it all out on paper before you get involved. The clearer you can “see” everything before you start, the better your chances for success.
SECOND STEP
Set your plan in motion. Keep close tabs on accounting…payables and receivables.
Monitor your time.
THIRD STEP
The most important factor in building a profitable home business, after expenditures of capital and time, is to sustain your business for the first SIX months. Specifically, you shouldn’t count on receiving money or spending money coming from your business during those first six months. It is recommended that all the early income from your business should be reinvested in your business in order for it to grow and reach your first year potential. Once you’ve passed the first six month milestone, you can set up a small monthly salary.
Hopefully, after one year, if you have your business plan organized and have implemented the plan, you should be able to watch your enterprise grow and prosper. Eventually, you may even hire people to do the work for you while you vacation in the Bahamas and collect regular income from your initial efforts.
This is a TALL ORDER even for the most talented and ambitious. Even statistics aren’t all that promising with so many small businesses taking their toll on both money and “sweat” equity 24/7 and still failing in their first three to five years.
Join a Network Marketing MLM Company
STEP ONE:
a) Plug into a large successful company as an associate or independent distributor for a nominal fee. Your corporate team should consist of top respected business managers in their fields.
b) Make sure the manufactured product is one-of-a-kind, state-of-the-art product that you would be proud to represent. Check out the research credibility.
c) The company handles your accounting (paying your checks in a timely manner), marketing tools, shipping, back office organization and communication. In other words, the management does the “heavy lifting” for you as you help to build their company, often worldwide in scope. Excellent companies will return 50% or more of their sales revenues to their distributors. So, how do you earn your share of money as their bottom line market shares increase and profits soar?
STEP TWO:
a) Your job is to help market the company’s product(s).
b) Be an integral part of a strong MARKETING TEAM who will help you with questions, contacts, training and team-building.
c) Make sure your MARKETING PLAN is simple enough so that anyone can do it effectively without loss of critical information. Check to make sure you know how to use these three essential keys: a webinar with an expert overview, a corporate website, and a marketing plan that addresses changes, choices and actions.
Always remember you are the messenger of a valuable message for home business success. You have harnessed the Information Economy and Technology and moved beyond the limitations of a 40 hour work week by leveraging information tools.
STEP THREE:
In return, you receive commissions that are multi-level and residual in nature for long-term income. Your cash flow will depend on your team members being able to duplicate the marketing plan.
SUMMARY … isn’t it time to solve serious networking problems?
Even with a quick evaluation of the work load and potential of both kinds of home businesses, there are reasons that the network marketing MLM model has always attracted people as the “greatest source of grassroots capitalism. You learn how to take a small bit of capital…which is Time and a small bit of capitalism which is Money, and start the American dream” (Jim Rohn).
The 3 basic steps if done correctly show that nothing else comes close in terms of key management expertise, production, time flexibility and unlimited profits.
But there have been inherently serious problems that have hamstrung this industry from achieving its potential resulting in constant failures and resentful negative publicity.
Two main problems can be resolved easily…along with a personally curious question why it has taken decades to offer a marketing plan that works for all downline members unless big MLM corporations preferred the stardom of elite superstars while the remainder loyally supported them with expensive auto-shipments for some commissions that never came but added to their profits margin.
It could be said that too many untrained networkers were taken advantage of but the travesty stops here with a brilliant new opportunity called WeGotFriends.
CALL for CRITICAL NECCESSARY CHANGES
Perhaps you may be interested in a professional network marketing company in the evolving Digital Economy that distributes valuable resources and services to mainstream online consumers and businesses.
Their marketing plan works because every member gets 100 leads every month and top experts help to close the sales along with essential online training.
The two main problems of “nobody to talk to” and “no sales skills” have been solved. Still curious, why has it taken so long to level the money-making game for so many?
We Got Friends is a unique, global opportunity to empower people around the world with their state-of-the-art software system known as Nitroline that’s coupled with their lead generation academy system.
FINAL WORD
Your decision for a profitable home-based business is a serious process involving education, research, co-operation, physical assets, mental mindsets and self-empowerment to live your life on your terms. Building a personal economy that you can control in the middle of an economic climate you cannot, seems a safe and logical thing to do.
Questions and comments are welcome
Annemarie Berukoff
amarie10@gmail.com 250 304 9710 PST
