I have been working online now for 12 years.The last 3 have beenfull time working out of my house.I have seen and heard so much hype and promises I feel the need to share and hopefully save some heartache and financial losses for others. My experience has shown if you really need to make money quickly go get a job.DO NOT believe or expect that there is a miracle answer online.
Unfortunately these are the same people who are attracted to the "hype"
If you are really serious about building a long term (residual income) a home business is the answer.That being said one must do their homework before making a decision.There are many legitimate companies out there but there also many who fail in their first year or two.
How do you make a decision? These are the things I have learned to look for.Some of these I learned the hard way!
Established Company-At least 5 years old and debt free
Product-Something people are already familiar with and already using.This extremely important because most companies with a strong compensation plan and residual income will require you to be on a product autoship(as it should be-if you’re not using the product how can you expect others to.)
Fair and Equitable Compensation Plan The big key here is the residual income plan.It's not the short term income that matters as much as the long term plan.
How much will I be earning 1 year from now if I follow the duplication of the plan.
Duplication,Training and Support-There must be a plan in place that you can follow step by step.I don't mean the garbage hype that 'we do all the work for you".A successful home business takes an investment of time,effort and yes some financial comittment.Yes there are some wonderful tools that help to build your business available(some companies more than others) The big question for most of us should be "How am I going to build this business.I am not a sales person" The correct answer to this question should be" Exactly how I found you" For instance the business I'm building,I purchase leads who
have already been to my website and requested more information. When I receive this lead I already know that they have seen my site.They automatically receive an e-mail from me stating that I will be calling them.
(They also receive 5 more e-mails over a 10 day period) In my back office of the website I have a prepared script to read when calling these prospects.I'm not calling them to sell them but to interview them to see if this a person that I want to be in business with.Do they qualify to work with me? If I feel that they do I will invite them to a conference call which my company holds 5 times a week explaining how the business works and product information. This is a plan that is proven and easy to duplicate.A responsible sponsor will ensure that you understand and should help you to duplicate.This is not only the key to your success but in the long run theirs also.
That being said do not make the mistake of many and totally discount those with no internet access or are computer illiterate. I have had many business partners who have found success with with meetings.(This worked years ago and still do) They are provided with a DVD and show this to their prospects.Right after watching this DVD they listen to a conference call.Again this is something that anyone can duplicate.
About the Author:
Bruce Kinkade has built 2 successful home business’s over the past 12 years and
is presently building his third.You may visit his websites at
http://www.healthycoffeesite.com and http://www.2workathome2.com
copyright 2006