Did you know that “home based business” and “work from home are some of the most popular phrases on search engines? I just typed the word “work from home” on Google, and I got 4730000000 results. What do you say that? It tells you that there are plenty of websites out there trying to keep up with the demand for information related to housework. It also tells you that there are plenty of people promoting business opportunities. Network marketing, multilevel marketing (MLM) and direct sales organizations and their representatives are trying to get their attention.
Click OK. So you have this plethora of information, reduced to a number of options by sending emails or making some phone calls, and decides to join Company A. But wait! Was not this company on television recently to be involved in some kind of fraud? So do a little research online and know that yes, your business opportunity is on the verge of collapse, and breathe a sigh of relief for not being prepared before his disappearance.
That is the best. The fact is that a large number of opportunities for home based business fail and drag down a number of poor innocents with him. Case in point: Brixdale.com. If you go to this website, what you see? Nothing! The company was notified cease and desist order of the State of New York for the past year, closing its doors immediately, and the revenue stream that dealers were enjoying stopped immediately. And there are many, many stories like this.
WHAT YOU SHOULD BE GOOD FOR I IN a home based business?
You may know a number of people who are very successful entrepreneurs home based, so we know that working from home is possible. Now we have to reduce it to a business that fits your personality. So what should you look first to the evaluation of a network marketing or direct sales organization? Very simply, longevity. Yes, I know that there are more variables, so that must be considered, but longevity is a big plus. You know why? Well, if a company has been in business for more than 1 year, then you know who have passed a series of obstacles. If you talk to individual dealers and see they are actually receiving commissions on time and support that is sensitive, then you know you have experienced an opportunity. We know that the first year in any company’s long-term is often turbulent, but getting through that first year it means something good can come next year.
Now if you are a belt and suspenders type of person (like me), putting on a little more effort to make it all falls into place naturally want to take this argument a step further and reason: “Well … if a company in a year is good, then a company of three or five years of age would be even better.” That is absolutely true.
The longer a company has to deliver products, responding to feedback, and update services, the better you get there. Take your average fast-food franchise, for example. How often do you update your dining room? How often do you change the menu? Progressive organizations know that keeping in tune with customer satisfaction is the key to its success. Any business opportunity that you consider as a potential money maker for you should follow the same exact pattern.
There are so many variables to do when you’re considering a home based business. Assessing the longevity of a first company will eliminate a substantial amount of research on your part.