1. What will it cost to get into the business? What will be the return on my initial investment? It shouldn't cost an arm and a leg. Some companies even offer several levels of entry. Do keep in mind that many businesses that don't require much money up front also don't have a healthy compensation plan. An example of a good compensation plan can be viewed by going to the next page.
2. Do you need to add another room to your house to do contain inventory for this business? If yes, can you afford that? The best businesses no longer require a home inventory. You are not starting a brick and mortar business. Most companies hold their products in their facilities until it is ordered directly from the customers you sign up. A few information or software companies do everything online. This is the most efficient model for the Information Age.
3. Does the company have integrity? This should be priority #1 on your list. Businesses with questionable ethics often do not last and all your hard work will go down the drain if that business goes under. Integrity is a must!
4. How much time will it require weekly and in the long term? Initially, while you are learning, you will spend a lot of time getting acclimated to the products, mechanics, training, etc. Keep in mind that even when it is an easy system, it will still require some time and effort.
5. How long does it take to see cash come in? Many businesses out there allow you have an earn while you learn system. You should be rewarded at least 75% of the commission on your sales. If not, then you are wasting your time because there are too many companies now that do reward efforts with hefty commissions. To view an example of a good learn while you earn system, .
6. Can you speak to the owners or staff? How available are they when you need help? If you can't speak with an actual person, then it's not worth it. Know who you are doing business with before you start. Many places online have zero support services and that's not acceptable.
7. Can you commit to the business long term? Program hopping can divide your time and cause burn out to those under you and cause loss of trust. Numerous people will want you to get into their business because they know you have an entrepreneurial side. Say "No". If you pick the right business why would you want to jump ship and start the learning curve all over again?
8. Is this business a good fit for me? If it's not a good fit, it's a losing situation. Once the information is presented, it is up to you to be sure it's a good fit and that should be 100% ok with the person wanting you to join. Be sure the opportunity witnesses with the integrity of your heart. If it does, go for it!
9. When you called the person with the web site were they available and/or return your call quickly? Ask "What else do you promote?" Are they spread out or available for you?
10. Does this align with your long term goals? Some businesses will help you gain your long term desires, and monetary goals because of the training offered. The business that I am involved with has helped me succeed in numerous areas of life. Some of my dreams are happening partly due to the business training I received.
11. Is previous knowledge required? Does the company provide quality training for members who do NOT have previous experience? The training should include product training, and good business/personal skills. This helps new members learn to think like successful business owners. Most people think within the confines of an employee, not an owner, so business training is critical.
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When I first started my online business, I was fresh, excited, eager and ready to
dive in at full speed. I was excited about achieving the time and money freedom
that I knew owning my own home based business would allow. This excitement
gave me so much motivation that I loved working on my business and I had the
stamina needed to work for long periods of time.
It's great to have all that excitement and energy when you start, but it's essential to stay motivated and maintain your energy. If you work to hard, you're going to get tired, bored, fatigued and not only will you not feel like you can carry on at your current pace, but you'll likely find that your work won't be as good as it should or could be.
Have you ever had that impatient, anxious feeling while you are working? Like you need to be successful right now, right this moment. It's annoying and frustrating that you're not, so you work incredibly hard at a blistering pace to make sure it happens quickly.
Instant gratification is something we all like in this day and age, and many of us think that working hard will get instant gratification, but if you're working to the point where you don't want to work any more you will get bored and start to wonder what you're doing and start wondering if it is even worth it. There is no such thing as instant long term success in any business. Did you know that you could actually achieve your goals faster if you didn't work as hard?
Next time you don't feel like working on your business, try this - turn your computer off and just don't work. You probably think this is crazy advice, and of course if you never want to work you will never get anything done. But let me give you an example of what I mean.
A few days ago I was working on a project for my business and I was stumped. I had been working for about 2 hours already and I was about ready to quit for the day (I know 2 hours, poor me). But I decided I would figure out how to do this last thing and then quit for the night. I won't go into what I was doing, because it's really not relevant and would just bore you.
Although I had done this part of the project before, I could not seem to do it again correctly. I was so determined to finish this before quitting that I spent another 2 hours working on it. By this time it was about midnight and I was about as frustrated as I could get. Finally I gave up to my frustration. I didn't work at all the next day...why because I work on my home business when I want to and after the previous night I was not in the mood to work on it.
The next day, I decided I would try the project again. I felt refreshed and I actually wanted to work. This time I quickly found the obvious solutions to the problem that stumped me two days ago. The refreshed me was much smarter and more efficient then the tired me. I quickly fixed the problem, redid some of the "less than respectable" work I made the tired me do and finished the project in about 30 min.
You see, when you work on something refreshed not only do you do a better job and do it faster, you also have much more fun while you're working. I enjoy working on my home business, but if I work to hard I don't enjoy it and then not only does my quality suffer, but I have to force myself to work and so I don't do it as often.
I know it sounds weird. The media and all these successful business people always talk about how hard their work is, and how it's not that easy being self employed and running your own business. Here's some news for you, they're apparently in the wrong home based business.
I know for those that have normal "jobs" this is hard to believe. Only working when you want to in a normal job is just asking to be fired, get your salary cut and annoy a lot of people. But if you love what you do, then try working less to see if you also achieve more and at a higher quality.
Both Arla Bornhoft & Casey Dunham are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
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