1. It must provide a very good full time income - Lets face it, I am looking to support my family with this business eventually. If the potential isn't there, I drop it like a hot potato.
2. It should require very little or no start up capital - I want something that I can spend less than $500 and prove it works before I go full force.
3. It should be simple enough that the whole family can be involved - If my 12 year old could understand it, I will tackle it, otherwise, I will look for something else.
4. It should require very little interfacing with people outside the home - I am not really a people person, and I prefer to be able to interface over the internet.
5. Not require personal recruiting of others to "JOIN ME" - I don't want to collar all my friends and family members and bug them to get involved in my business until after I have shown it to be profitable.
6. I should be showing a good profit within 6 months - If I am not showing a profit in this time period, something is wrong. There should be evidence of this potentiality.
7. The income should be recurring and continual - I prefer to make a sale and have it continually produce for me rather than having to resell the same customer over and over.
I have not found many Home Based Businesses that provide these benefits? My Real Estate Investment activities produced a fortune but was people intensive. My traditional MLM/Network Marketing efforts were disastrous; after failing ten times and losing about $10,000, I threw in the towel. I expect that MLM utilizing the INTERNET might be a completely different story.
I found the answer in Internet Affiliate Marketing of information products. We live in the information age. People crave more and more information and the place to get it is on the INTERNET. There are hundreds of thousands of information products available on the INTERNET and most of them are available via companies that offer good commissions for affiliates who help sell these products.
Send a blank email to me at WealthyAffiliate@titonsystems.com and I will send you a list of the top affiliate companies in the US.
Find an information product which addresses a problem or subject you have interest in and become an affiliate for that product. Promote the product as an affiliate and when sales occur due to your efforts, you will earn a nice commission which can often be as much as 75%. On a $100 product, you could earn as much as $75.
Promoting these affiliate products on the INTERNET is really a pretty simple thing to do. There are plenty of INFORMATION PRODUCTS on the INTERNET that lay out various methods for doing it. A combination of these techniques applied consistently with persistence could make a person a WEALTHY AFFILIATE. There are many, many people making $3,000, $5,000, $10,000 and even as high as $25,000 per month promoting other peoples products as affiliates over the INTERNET. Most of them use a repeatable system.