Network Marketing – Should I Start a Network Marketing Business?

Are you thinking about dipping your toe into the Sea of Network Marketing? In 2009 and 2010, there have been a lot of people really looking at network marketing businesses. Having said that and talking to many network marketers, I have found some of the most basic questions are often not asked before getting started and then, once you commit and invest in your business, the skeletons come flying out of the closet.

Now, I am not going to say that this is a complete list, because I could sit for hours interviewing the people wanting me to join their companies, and I could be interested, but most people would take my questions as challenges and they would feel I did not seriously want to get into their business. Now, for those people out there reading this, let me say please do not contact me about your business, because I have my own and I am very happy and I will not get into your business.

Now, the reason you are considering a network marketing company is that someone must have shared an idea of a product that you thought was cool. Now, how quick did they stop talking about the product and said, our real product is to make money, and told you how much you could make? First of all, my question is, why did you contact me? Yes, it may be an in your face approach, but I look for honesty, If they say, because I saw that I could make a lot of money and I wanted to help you, it leads to two other questions…. So you want me to spend money and put it into your pocket? Or the second, why do you want me in your business, to get everyone I know to pad your pocket? When making money is the focus, I will tell you that is red flags to me and the only answer to the questions were yes, if not, they are lying to you!

Now, if that person did not approach the money aspect with me first, but it was about the benefits the product could provide me, and it really was serious and genuine I will talk more with that person.

The biggest lie someone will tell you when entering into a business is “the product is for everyone, who does not want to make money?”. Now, once we talk about the product, I want to know the background of the company. Where and when did the company begin and what is the founders’ background? Is the company in debt and beyond hope? What is the companies’ competition? Competition is not bad, but that leads to why is your product better. I will never sell something that I know does not provide value to people.

Once I know the product is good and provides a value and the company is good, that is where I will ask to see the compensation plan. Most uplines will tell you the person is not worth your time, because they ask too many questions, or they will say, I do not know how I make money but I am making really good money. Warning, Warning Will Robinson! Red flags are now fireworks. Some will avoid compensation questions. Now, if they tell you that you make a profit on all the items, and they are working with a traditional business and it is not a product they develop and they sell for someone else, know that you only make a percentage on the mark up. If they tell you that it is all about getting more people in and you make a percentage by (without them saying it) suckering people into the business to sell it, and the focus on getting reps into the business, you can pretty much discount everything they have said. I will tell you that in 100% of the companies I have worked with, you will not be paid on the actual company costs that register the business. Now, a lot of companies will add their products in a kit, and yes, you make money on those items only. What you will be compensated for is you getting a customer, and a rep can also be a customer, to take products off the company shelves and consume the products. No consumption of a product as a customer, you will always make ZERO!

What I look for is someone to be upfront and honest with me. If they do not know, I will get you the answer is the best answer. I will not work for someone who is not honest. I want someone ethical like I am. Do you want to give someone your money you cannot trust? Remember, this interview or conversation with the company is your chance to interview them, and they are interviewing you (Actually, only question their interview contains is how you will be paying to get started.). Remember, not everyone is your customer and if they are not a customer, do them a favor and tell them that you know that the product is not for them and they have to be passionate about it, and you do not want them to feel you deceived them, when you are the rep they are talking to. If they still want to come in, they have no reason to get upset with you, because you told them it was not for them. But let us get back to you are the one being interviewed! Who is the team you will be working with? What are their qualifications? How has the product made a difference for them? Where will you get your contacts? If it is friends and family… run, because they are living in the 1960s. If they tell you they will sell you opportunity seeking leads, this is where they are talking to people the product may not help. You want to profile your customers and if they do not teach you how to do that, then you will need to get help from people that train network marketers.

The last area of focus and we will wrap up, what is the training? Can you attend a couple? Now, what I watch is, is it a rah rah session of people saying they made money, or are they outlining proven and strategic plans you can use to build your business! Now, if they say talk to everyone, no they do not have vision. They should be talking about ways to target clients and how to get people who really want and need the product. How your product beats the competition, and facts you can build your business marketing plan around. If they do not have this, I would find someone who will be your mentor and trainer that does. If they work with many networking companies and they have results to share, I would add that to business tools and pay for your one and only employee to take the training. It is well worth it.

Also, find an accountant that can save you money, but as you interview them, are they making the money you want to make. Find a legal advisor to advise you on when it comes to business. Find someone helping other small businesses.

Yes, network marketing is a great industry, but it is an investment and a business that will require money and work. Yes you can be successful and limit the amount of time and money it takes, but you have to start now, making the best decisions you can as a business owner or prospective business owner.

Free Online Business Opportunities – Finding an Affordable and Suitable Online Business

One of the most important features which people look when they are interested in starting a new business is that whether the business can be started free of cost. If you are one of those people who are eagerly searching for those kinds of free online business opportunities then there are many fascinating options that are available.

The internet is flooded with many varieties of free business which can be ventured with great success. Success can only be explored with the application of ones own effort and dedication. You should be smart enough to select the business category that will be most suitable for your purpose and also to earn good level of profits.

There are many people who have made significant amount of money through free business and later use the money earned to venture into high investment business opportunities that will be yielding them more profit. Another important thing is that you should select a business that will be risk free.

Dedication and smart approach

Dedication and smartness in approach that is essential to succeed in the online based jobs. There should be clear understandings about the various happenings in the online field and select a job that is most appropriate at that period of time.

You should be able to predict what kind of work should be adopted such that there will be maximum chance for earning money. The part time job that you are undertaking the two most important goals that should drive you are building reputation and quality in your work. The above factors will greatly help you to succeed.

You can also learn various things by researching about the success that was made by other people in the similar business areas. This will surely be of great use to obtain some killer tips that will help you to prosper in the business. There will also be great increase in the profit level if you are able to implement proper steps at proper time.

5 Keys to Owning an Internet Home Business

Owning an Internet Home Business is meant to be work. If you are thinking of getting into business on the Internet, forget the ads that you see that say you are going to make thousands of dollars, and never have to work to get it, and on top of that, never have to work again. Those are scams and unfortunately, the Internet is infested with them. Here are some keys you need to know, if you hope to own a successful Internet Home Business.

Tip Number 1
Decide if you want a hobby or a business. 99% of the web sites out there are either hobby sites, or people who will never make any money. Either way, the results are the same; these people are never going to make any money. What you need to do is this, decide what your Internet Home Business is going to be, and then act accordingly.

Tip Number 2
Once you have made the decision, hobby or business, and then act on that decision. If it’s a hobby, that’s great, have fun, do your thing and you are going to have fun, whatever happens. If you decided on a business, then its time to start the process of setting up your site with a view to getting traffic and when that traffic arrives, converting that traffic to paying customers.

Tip Number 3
You need to start the activities that will drive traffic to your business, as soon as possible. The activities to get traffic take a long time to materialize so the sooner you start the better. You need to educate yourself, or have some expert advice on this topic. Either way, spend at least 80% of your time in the first 6 months on driving traffic to your site and 20% of your time on your actual Internet Home Business. Getting traffic to your site is a crucial element in whether you are going to make it or not. The sooner you get the facts on this, find out if you are able to commit to the process, the better for you.

Tip Number 4
Have a plan and work that plan. You need to focus in on a few key priorities; activities that you have decided will give you the greatest possible chance at success. You need to spend some quality time to decide where you are going to invest the time you have available to spend on your business. You have to focus and focus on a very small list of things you are going to work on. My advice: that list should be no more than 3 tasks long.

Tip Number 5
Set a deadline. If your Internet Home Business is really going to be a business, you need to set a deadline when you are going to decide if it is going to do what you want it to do: make you money, or if you need to pull the plug. This is a tough thing to do, we all start operating a business with the hope and dreams that we are all going to make a lot of money. The reality is this: less than 2% of the businesses on the Internet ever make any money. The percentage of those businesses that ever make what could be considered big money is.001%, maybe even less than that. The odds are stacked way against anyone of us making money on the Internet.

I am the owner of an Internet Home Business, several in fact. These 5 tips I am offering to you are the ones that I am looking at closely myself. They have proven to be very beneficial to me; I hope they help you as well. Have a great day.