This article aims to help people who have a desire to work from home, so you know if you REALLY have the potential to become a successful work from home entrepreneur or if you're just wasting your time.
First you need to work out the WHY?
WHY do you want to run your own business from home?
Do you:
Hate your 9-5 job?
Want to spend more time with your family/kids?
Want the freedom to spend time on your "Passion Projects"
To be your own boss?
Want financial freedom?
Want to travel more?
OK, so whatever your reason, it probably fits into one of these categories, but just let me emphasize to you how important the WHY really is. The strength of your desire and WHY will help you through any time where you feel like you're struggling in your pursuit of your dream. If there's no WHY, then at the first sign of trouble you will give up and then you would have wasted valuable time and possibly money too.
GOALS
Get clear on your goals! You may be thinking .... Why the hell are we talking about goals, when all I really want to know is what I have to do to become successful in this industry - WELL .... Let's look at the facts!
About 97% of the people who try to join or start an online home business fail!
OUCH!
OK, so now that's out .... You may start to understand why it's important to lay the right foundations to build a SOLID and SUCCESSFUL online business.
Alright, now let's look at the KEY things you should think about when considering an online home business.
1) PRODUCT
What are you trying to sell or market to people?
Do you believe it's a valuable and worthwhile product?
Would you use it? Or could you see your family/friends using it?
Is this product in demand? What kind of industry is it in?
2) COMPANY
Who is the company that you would potentially sign up with?
Are they legitimate? Do they have an address/phone number/contactable?
What's their reputation like?
Are they passionate about their business and product?
What's their financial situation like? What are their future projections like?
Do they have good ethics?
Do you think they actively support their members?
- I know this can sound like boring things to do, but if you do your research properly you'll save yourself lots of time and money in the future.
3) MARKETING SYSTEM
What is the training and marketing system really like?
How much does it cost? Is it free or ongoing?
Is the system DUPLICATIBLE? This means are you going to have to teach each person one by one for hours on end how to do everything or can they tap into a system and just be supported by you? Some companies promise things but can't really deliver, so ask for an example or maybe access to some basic training sessions.
4) SHOW ME THE MONEY!
How much are they going to pay you?
Ask for a copy of the COMPENSATION plan and ANALYZE it! - THOROUGHLY! They can be a bit confusing sometimes, but take the time to understand them fully because if you join that business then you'll be required to understand it and explain it to new people.
How do you get paid? Do you have to wait for monthly cheques or do you get paid first and pass on wholesale costs etc?
Is the money worthwhile? I started with one business and it took so much effort just to make a few dollars here and there, so choose wisely.
Finally - Understand that making money in an online business is really first and foremost a BUSINESS - It's not a LOTTERY TICKET!
You can make a ton of money, but just realise that any legitimate home business does take clear goals and consistent effort - GOOD LUCK!
