Home Business Entreprenuer – Here Are Four Skills Needed To Block Failure

In the present era of large scale technological advancement, ongoing automation and the trend of corporate downsizing, you will find more and more people exploring the option of becoming a home business entrepreneur.

If you look at any large corporate business set up, you will find hundreds of professionals engaged in different activities like procurement of raw materials, manufacturing, quality assurance, marketing, human resource management and finance. If you want to have success in running your own multi-million dollar business empire you must get educated. You must understand some of the tools needed to have success.

All the major activities stated above will also be an integral part of a much smaller business set up of a home business entrepreneur. But availability of limited resources at hand restricts him from employing specialists or professionals for the activities which are paramount to his establishment, howsoever big or small it may be. There are four things or essential pre-requisites given below that will enable his business to become successful:

1. Discipline – Discipline in all activities connected with the business will go a long way in making it a success. Keeping home and business separate, observing proper timings, discipline in raw material procurement, processing, quality assurance, delivery, payments and payment collections will do wonders for a home business entrepreneur. At the same time, a little bit of flexibility may also be required within the framework of overall discipline.

2. Financial management – Working capital, budgeting and budgetary controls, requisite checks on outflows, collections, impeccable accounting practices and necessary internal audit practices will have to be put in place by the home business entrepreneur because of the limited resources available to him.

3. Time management – As the entrepreneur would be his own boss, he will essentially have to manage his time well. The home business entrepreneur will have to devote long hours to make his business a success. In addition, he will have to make sure that he relaxes so he can give his mind a break.

4. Perseverance – Last, but not the least, perseverance will have a big role to play in the success of a home business entrepreneur. He will have to keep his own motivation levels and self-esteem at an appropriate but elevated level to keep going as any home business is also bound to face little hiccups along the way.

Internet Home Business Success Made Easy!

Struggling to get sign-ups? Want to be the top earner in your company? First of all, it is imperative to know that internet/MLM is not a business in itself. It’s a way of selling and distribution. Most people who get into internet/MLM opportunities will drop out in 3 months or less.

The new networker or should I say 90-95% of networker’s are taught things that simply cannot be duplicated. Things like buying and calling leads, bothering friends and family, holding house house parties trying to sell product to friends and family, talking to complete strangers in your local supermarket trying to get them to join your business.

Sound familiar? Let’s look at better way. It’s very rare that someone is going to join your business on the spot. So, what should you do? You should offer value first. What do I mean? Simply put, offer potential prospects who are struggling in their business FREE valuable information on how to become successful. You see, most internet/networkers are failing, but if you can give them FREE valuable information on how to succeed then and only then should you pitch anything else.

Here’s what I mean, Struggling internet/MLM home business entreprenuers don’t care about your program or mine. They may be losing money, but they are committed just the same.

If you have a FREE report or FREE leads you can give away then you can get your foot in the door and offer other products and services. It’s a very simple process and it works! I just gave you one secret to achieving massive success in your home business. To learn more visit the website in the resource box.

Ideas for a Home Based Business

Finding a home based business that is interesting to you is important! The last thing you want is a home based business that you have no passion about and dread working on every day. The following suggestions for a home based business can be improved upon and be expanded; it only takes your imagination.

The largest home based business opportunity is sales. You can run a home based business selling candles. You can run a home based business selling make-up. You can run a home based business selling anything under the sun.

A hybrid home based business is becoming more popular for sales professionals who work for a specific company. Certain companies allow their sales force to work from the comfort of their own home.

Some people make a home based business by selling products on the internet. eBay is a large marketplace that the home based entrepreneur has flourish with. Other sales opportunities on the internet include running your own website to sell your own crafts or artisan products.

Another home based business that offers a plethora of opportunities is the service industry. Offering services to companies or individuals is a great way to run a home based business. Some common examples of services that people have made into a home based business are medical billing services, accounting services and marketing services. Any skill that another person may not have can be offered as a service including computer technical help or tutoring help.

There are many unique service-oriented home based businesses like offering a pet clean up service or offering a daily faxes to local business for some of the area restaurants.

The key to offering a service is to be able to offer it for less than the company or person is paying at the moment and offering a service that is value added. The unique service of offering a pet clean up service may not have a monetary value initially to the person, but it does have a time associated with it as well as the unwanted task factor.

If you are good at budgeting and finding ways to save a penny you can create a home based business offering your services to people or business you have a hard time finding those areas that they can save. Your service should be able to save a person or business more money than you charge them.

Working in a particular industry for a long time will give you an opportunity to start a home based business for the industry you are. Or you can start a home based business to offer services to customers that have problem dealing with this type of company. For example, dealing with an insurance agency can be a nightmare. If you have the expertise you can get paid for giving advice on how to deal with certain situations.

You can make a home based business by taking your passion in life and finding ways to make other people with the same passion ways to pursue their passion.

One of the best home based business adventures includes pursuing a hobby that is interesting to you. If you like dogs, golf, or you name it you can make a great home based business. All it takes is finding out what people want with the hobby you are interested and determining how to fulfill their want. If you like to take photos make a home based business taking and selling pictures. You can become a photographer for weddings, birthdays or any other special occasion. You can also set up a home based business playing with animals by offering a pet sitting business.

There are many home based businesses out there with people working online. Learning to design web sites and program can give you an advantage. However, you can also make a home based business by doing tasks programmers and designers don’t have time to do like writing articles or performing data entry.

There are many companies that are beginning to look at persons who want to have a home based business and telecommute. These jobs are not always readily available on most employment websites, but when you are surfing the web take a look at the employment offers web hosting or other computer based companies have available. Many of these companies have customer service positions they contract out to those wanting a home based business.

The last idea I will leave with you for a home based business includes a life style change for most people. Running a farm whether it is for horses or alpacas or even cows can be a good home based business. It can also be a good change of pace from the corporate world.

The Home Based Business Explosion Is Upon Us!


Perhaps I should start by asking the question “What is a Home Based Business? This is any business operated from the comfort of the residential home of the owner.

The next question is who is a Home Based Business owner? This refers to an Entrepreneur who decides to run his business from the comfort of his home.

I decided to clarify these terms because there is a huge difference between a Home Based Business owner and a Home worker who might be working with a government/private organization but decides to be working from home once or twice during the week.

Evolution of Home based Business

Many businesses operated from home usually start as a Micro or Small Enterprise. Some eventually metamorphose into Medium Scale Enterprise and others eventually grow into quite large companies.

The desire by Entrepreneurs to start operating businesses from home actually started in the 1980s. During this period, a lot of things combined to precipitate this massive desire by people to own Home based businesses.

In the main, the combination of many factors like socio- economic change, improved technology and new management thinking resulted in the loss of otherwise permanent paid employment and this encouraged people to attempt to revalidate their freedom by opting to set up a business at home.

The advent of new management thinking and theories like downsizing to make an organization Lean and more agile and efficient created fears in the mind of the average worker

So mass lay- offs helped create the right environment for some workers to go it alone and set up a Home based business.

The period of late 1990 to 2010 can be appropriately described as the period of massive explosion in the establishment of businesses at home. The use of Computer, Internet and Mobile Technology helped in the growth of this idea.

I strongly believe the idea of setting up business at home will continue to be positive and will remain so for a long time.

The continued upsurge in the desire of people to own businesses has attracted the attention of Universities and other higher institutions. They have responded by introducing different courses and programs on Entrepreneurial studies to cater for these needs.

Unlike earlier belief that businesses run from home are not well managed and don’t make good money, the present situation is that many Entrepreneurs motivated to set up business at home now have college degrees including a lot of high level professionals with business exposure.

The entrepreneurial spirit is innate in all of us and we only need to be adequately motivated to take the necessary action.

It’s really an exciting world out there.


As stated earlier, though the crave for running businesses from home started way back in the 1980s, what can be termed the explosion of this way of doing business was between the late 1990s and the first decade of the new millennium.(2010+)

This coincided with the time when the setting up of a Home based business became a Fad. According to Mr Lewis of the National Association of Home Based Businesses, Home based business in the United States grew from about 6 million in 1984 to 23 million by 2007.

With the help of modern technology like computers, mobile phones, printers and the huge power of the internet, more work is being done virtually than ever before and more global businesses are routinely being run from home.

According to the 2012 GEM report, 69 percent of American entrepreneurs start their business at home from either a spare room in the house, the dining table or from the garage. The report further revealed that more than 50 percent of entrepreneurs continue to operate from home even after the business has taken off successfully and stabilized.

Again according to Mr. Lewis of the National Association of Home Based Businesses, his own companies do training in 20 countries, import eyeglass frames from China and also develop condominiums.

Mr. Nuyten of the Home Based Business Statistics in America quoted the following statistics as at 2012:

38 million Businesses were operating from residential homes in America

A new business is started from home every 12 seconds in the United States

The Home Based Business sector in the United States earned Four Hundred and Twenty Seven billion dollars.

It revealed that 70 percent of Americans would like to be self- employed.

Entrepreneurship has become entrenched in the psyche of the average person. The Baylor University study of 2005 revealed then that more than 5 million jobs had been lost in Fortune 500 companies since 1980 while 34 million were created in small businesses.

The United States Census Bureau data of October 2012, also revealed that the number of businesses being operated from home have been on the rise since 1999.

The United Kingdom Experience

The continued growth in the Home based business sector appears to be a global phenomenon as the report from the United Kingdom will show shortly.

The United Kingdom department of Business, Innovation and Skills released a report titled ” Backing for Home Business” which revealed that 2.9 million home based businesses in the United Kingdom contributed 300 billion pounds sterling to the UK economy. The report also stated that 70 percent of all new businesses in the United Kingdom started from home.

According to Home Business report compiled by Enterprise Nation, 1,400 new businesses are started from home each week.

This report also confirmed that out of a total of 4.5 million small and medium enterprises, 2.1 million are Home based businesses.

Factors contributing to the growth of Home Based Businesses

There are many factors motivating people to set up Home based businesses such as:

Losing one’s job

Being laid off in a time of economic downturn could be very devastating. With difficulty in getting new job offers, the next best thing would be to start a Home based business.

Flexible lifestyle

You are your own Boss. Literally, you can come and go as you please. You maintain better work/family balance. There are no set opening and closing times. You go for lunch and vacation when you feel like

Reduction in Stress level

The daily commuting, especially with the present heavy fuel costs is avoided. Also those train/bus rides to and from work with all sorts of characters is avoided.

No corporate office politics

You are not thinking of how to always please the boss and climb the corporate ladder. You don’t have to engage with difficult colleagues. Best of all, there are no dress codes.

Cheaper start up and running costs

It’s cheaper to set up a Home based business. A serious entrepreneur can get started with just $5,000. The main requirements could just be a computer, mobile phone, printer and a good internet connection. No rent of physical store space.

Secondary Income

Some entrepreneurs set up business at home to bring in extra income to support a day job. Some people start the business as a part time hobby. Eventually the business may become very successful and the entrepreneur will now take the decision to resign from the day job.

Be your own boss

You are your own boss. You have the freedom to do things the way you want. There is nobody breathing down your neck reminding you of targets.

Job dissatisfaction

An otherwise loyal employee may become unhappy with the company for lack of promotion and motivation. The next thought is to set up a Home based business.

Opportunity to achieve Self actualization

Having your own business gives you the opportunity to make as much money as you desire. This of course depends on how much money you want to make and the amount of time and effort you decide to invest in the business.

Advantages of running a business from home

The desire to get out of the rat race, avoid the daily grind coupled with the power of modern technology make telecommuting more productive.

Together with some of the factors already mentioned above, listed below are more advantages:

Tax advantages

You can deduct some of your expenses as business expenses. These could be utility bills, insurance, mortgage and property tax.

Opportunities for Professional improvement

It is safe to assume that with the day to day running of your business, you will develop more business management skills.

Multiple streams of Income

With more time to yourself and the freedom to follow your lead, you can decide to explore other areas of interest and create multiple streams of income.

Disadvantages of running a business from home.

In spite of the almost glamorous attraction of Entrepreneurship, there are some disadvantages which must be effectively managed in order to improve the chances of success.

Irregular Income

For some one that had been used to regular pay checks, having to go through some weeks without income could be a huge challenge.

Lack of adequate space

This could arise where work sometimes spills into the home space

Nearness of Family and Friends

The nearness of family and friends could become a distraction if not properly managed.

Lack of Fringe benefits

Fringe benefits like health and dental insurance and paid vacations which were hitherto being enjoyed in paid employment are no longer available.

Friction with neighbors

The type of business you are involved in could create friction with neighbors due to noise pollution and lack of packing space

Health Issues

Staying glued to the computer screen and in a small space may affect health and fitness. So try and create time for exercise and recreation.


So as the French would say Voila! There you are! The idea of starting a business at home has become engraved in the mind of people. Every day, people are starting thousands of businesses in their residences all over the world.

Home-Based Business Leads

Owning your own home-based business can be a dream come true for many people. And spending less money on gas – which is one reason people decide to stay home and having more time to spend with your family is another reason people decide to have their own home-based business are growing factors in the home-based business expansion that the home-based businesses are experiencing today.

But how do you get started owning your home-based business? What home-based business leads. Home-based business leads will give you all the: what, where and when and even how to owning your own home based business. These home-based business leads can be found all over the Internet if you know where to look and we’ll get you started on your way to owning a home based business.

Depending on what type of home-based business you are looking for, whether it is selling products or services, or a business where you help others set up their own businesses these home-based business leads will show you where to begin and what to do from there.

There are many companies that strictly work with home-based businesses that are called lead generators and they provide home-based business leads for the home-based business worker. Sometimes these services cost a minimal amount, sometimes you pay a monthly fee, sometimes a yearly fee and if you search long enough you may be able to find a free service for home-based business leads. These leads will show you what you can do to make a good living at a home-based business. Some of these leads will direct you directly to customers were looking for your product or services. Other leads generated from home-based business leads will only show you what to do to get the leads and then you’re on your own with what to do with them.

Home-based business leads will show you where to find customers and what types of businesses are popular at the moment. Currently businesses which promote weight loss, other work at home businesses, making money from home and ways to quit your 9-to-5 job are all popular at the moment. These are home-based business leads in the lead generators will show you where to find the information you need to either sell this information on your website or to help others began their own home-based business. People will pay you to help them start their own home-based business. And not only do you get the income from helping others help themselves, but you get the appreciation and gratitude and just that good feeling of helping others being able to help themselves. By helping others get away from the grind of the rat race, by being able to stay home with their families by working at home at a home-based business.

Beginning with the home-based business leads you can help yourself and boost your own home-based business with these home-based business leads, you can also help others increase their income with the home-based business leads. But home-based business leads are what everyone needs to begin a home-based business.

Personal Finance Meltdown Makeover – Take the Long View

Americans on Main Street have been urgently requested to take the plunge with Treasury Secretary Paulson and Ben Bernanke to bailout Wall Street’s bad debt to the tune of $700 billion and counting. We have been told that this must happen in order to not only stabilize Wall Street but the economic system itself. Or else! As of this writing 9/29/08, the House has just voted to reject the bailout.

If a bailout bill does eventually get passed, it won’t be a magic bullet and we as a nation will continue to flounder in uncharted economic waters. But perhaps more importantly, millions struggle to maintain their equilibrium when it comes to household finance.

Personal finance gurus have taken front and center, weighing-in on the news and talk shows. They beat the drum of “whatever you do, don’t liquidate” and please, stay calm. Stay calm?

My concern is what the personal finance gurus are not telling Americans. Their advice to John and Joan Q. Public as regards the best approach to decision-making in light of the current financial meltdown is flawed. Why? Their solutions do not reflect the-elephant-in-the-living -room-root cause. Instead, we are told the financial crisis is due to the sub-prime mortgage collapse, mortgage defaults and the subsequent downturn in housing prices nationwide. Yawn.

The Emperor’s New Clothes

It’s the mainstream media that has served up this convenient cover story. As in the Hans Christian Anderson tale of The Emperor’s New Clothes, though the king is most certainly naked as he parades down the street, virtually all the spectators of the royal parade see the king as he himself wants to be seen; wearing magnificent robes. Only when a child in the crowd proclaims the king’s nakedness is the mass delusion of the townspeople shattered.

Thanks to the Internet, the “children” with eyes to see and ears to hear the truth about money are growing in number. As a result, many cracks exist in the official story line about why we are in the financial mess we’re in and what we must do to get out of it. There’s much more to know.

The real root cause goes back to the time of widespread understanding of how interest-based money lending, also known as usury, corrupted the fabric of relationships and of society. In modern times, usury has come to be considered business as usual via a global network of central banks. Almost no one today gives it a second thought.

The central-banking system is global and was carefully designed to be a debt-based in nature: Money is issued into existence at the time it is loaned at interest. Interest that compounds over time becomes both revenue for the system’s shareholders and inflation in the cost of living for you and me when debt service gets added to the cost of goods and services.

To most people’s amazement, The Federal Reserve, the U.S. central bank, is not actually even part of the government but a private for-profit corporation with shareholders. However, as in The Emperor’s New Clothes, don’t expect TIME magazine to run a cover story on this any time soon.

The System of Money

My association in the 1980′s with R. Buckminster (Bucky) Fuller led me to understand the wisdom of the saying “the whole is greater than the sum of its parts”. Money is but a part of a monetary (central banking) system in the same way the earth is but one aspect of the solar system. It’s impossible to fully understand earth as a planet without understanding the system that contains it.

A more complete picture of money comes into view with the big picture of the monetary system. As we were changed forever when we saw the whole earth from space for the first time, getting the big picture of the monetary system changes the way we think about money.

A comprehensive view would put an entirely different spin on the Paulson Plan for a mega-bailout. A comprehensive overview would tell us that going $700+ billion more into national debt in a debt-based system will only delay the inevitable bottoming out of an already heavily indebted system. Such an injection of capital would be much like giving a heroin addict a larger injection to continue to be able to experience their high.

It’s really no different. The monetary system by design needs larger and larger sums of credit (digital money) to pay down debt and access working capital. It’s an insatiable beast needing more and more new credit to keep the wheels turning. As a result, I humbly submit that what we have is a completely unsustainable monetary system.

For international, national and personal financial solutions to be more than Band-Aid measures as a mega-bailout is certain to be, the entire system must be reformed via a total-systemic makeover. As Bucky taught, systems ultimately shape and determine the possibilities of their moving parts.

You’re on Your Own

Until national leaders make monetary reform a top policy priority, everyday Americans are on their own to find the best ways to navigate their personal finance concerns. Each of us is affected by the mechanics of a debt-based monetary system by way of lost purchasing power. What’s more, government purchases of Wall Street’s “toxic assets” will only accelerate this ongoing process.

Yet almost no financial advisors will tell you. Actually, it comes as no real surprise since the professional training of most licensed financial advisors never covers central banking 101 and its personal implications. Advice devoid of understanding the personal impact of the monetary system is short-sighted at best.

The Long View

Like nuclear waste to waste dumps, hundreds of billions of dollars of additional debt due to the purchase of “toxic assets” will have to go somewhere. That somewhere, after the liquidity injection-high wears off yet again, will be directly out of our pockets as lost purchasing power and tax increases.

Job-outsourcing, bankruptcies, foreclosures and debt have meant millions of Americans have traded peace of mind for chronic stress. Enough is enough! Individuals, families and communities stand to gain from (hopefully) an eventual monetary reform but need real answers right away.

Over 25 years of independent research, study and working one-on-one with individuals and families have led me to the following conclusions as regards a long-term approach to personal financial well-being especially while living with the risks inherent to a debt-based system.

The traditional approach to personal finance tends to destabilize lives by use of its main strategy; the repeated leverage of credit and debt. The following recommendations empower people to stabilize their financial lives long term.

Time is of the essence, however. The erosion of purchasing power accelerates over time and dramatically so when billions and trillions are injected into the system all at once. So the sooner corrective action can be taken by individuals and families, the more options they may have for creating a sustainable financial situation.

Here is the formula I recommend:

First and of utmost importance: Get the whole story about money. There are many resources, for example, watch (Google) the short and amusing animated documentary Money as Debt by Canadian Paul Grignon. By becoming fully informed, you are more likely to empower yourself by taking necessary action steps.
Get out of debt. Mortgage debt is still debt.
Track your monthly money-in and money-out.
Do whatever it takes to have more money coming in to your household than going out. You must be willing to change your lifestyle if need be. This is a goal that generates a process.
Once you have more money coming in than going out, strive to live below your means.
Create a cash-flow engine that will drive your finances to keep you ahead of the increasing cost of living going forward so you will not have to revert back to credit use. It’s important to keep in mind what goods and services people will be willing to pay for in both good times and bad. This also applies to people on fixed incomes who are likely to need more money-in (than they thought they would) to keep up.
Become a member of an alternative currency exchange system such as Fourth Corner Exchange to access a second-tier economy. If there is not a system in your community, create one.

Economic Makeover – The Most Secure Way You Can Earn Income From Home In Less Than 3 Months

For the first time ever, I will disclose a ground-breaking way you can earn secure income in less than three months.

In my opinion, if you start a business opportunity, you will experience true financial freedom. However, there are a lot of business opportunities that are not legit and are rip-offs. To avoid being another failure statistic, I would recommend that you consult with the non-profit organization, Better Business Bureau to see if the opportunity you choose is legit or not. The Better Business Bureau is popular for non-biased reviews on business opportunities.

However, if you are having trouble finding the best opportunity, even with the help of the Better Business Bureau, do not worry. In my opinion, finding an opportunity is half the battle. To be successful in this industry you must have a firm understanding on other things pertaining to a business opportunity.

Joining a business opportunity is the most secure way to earn income from home in less than three months, in my opinion. If you master these three things, it will not matter which opportunity you join because these three things are more important when it comes to making your chances for economic success greater.


Most opportunities have bad reputations because the rates of success are low. People join the opportunities with high hopes and dreams of making a lot of money but end up going in debt even more. Before you join, I would recommend that you asks questions in regards to the marketing methods of that opportunity. A red flag to look out for is if the up-line tells you that they use the “warm market” approach when marketing. The up-line are the people who are responsible for recruiting new members to the opportunity and they often like to pitch the “warm market” approach. The warm market approach is basically going after family and friends to sell products and services. This tactic is extremely ineffective and can cause you to dump money into a business that is designed to fail.

Compensation plan:

It is important to look at the compensation plan of an opportunity before you join it. The compensation plan is an outline from the opportunity to you that will share how you will get paid. In my opinion, if the compensation plan is too complicated to understand, I would recommend that you move to another opportunity because compensation plans that are hard to understand are a red flag.

Time it was founded:

Make sure to check the amount of time that the opportunity was in existence. In my opinion, I believe if an opportunity is 25 years and older, then the opportunity is safe to join. You do not want to be with an opportunity that has only been alive for 10 years or less. You want to make sure that before you invest your energy towards any business that it is worth it.

Small Bathroom Makeovers – What’s the Perfect Plan?

You might be wondering if it possible for you to perform a small bathroom makeover for that small budget you have. Knowing that most of us are experiencing uneasiness when it comes to earning money nowadays because of the world wide economic issues, we also give some part of our budget for small home renovation projects that will at least allow us to be comfortable back in our house.

If you are to renovate your bathroom, it is not necessary for you to make a major change on the premises. All you have to do is to have that perfect layout, so you’ll be able to get things accomplished properly. More often our major concern about such changeovers is the money that we’ll have to spend – and that’s given. However, with small bathroom makeovers, you can assure yourself that you do not have to spend that much just to build that perfect rest room for you and your family.

One of the major reasons why people want to have their bathrooms renovated is because they want to feel more convenient and obtain that relaxing ambiance while they are in this room. And if you were to make a room relaxing at some point you will have to make it look somehow spacious and large. Well, if you want your bathroom to look somehow roomy, you don’t actually have to take extra space from other rooms and have a major renovation to do this. All you have to do is to add a little more dimension in this room to make it look as if it has gone through major makeovers.

The perfect plan now must focus on how you will be able to establish a layout that will make your bathroom look larger. One of the major things that you may want to consider is placing more mirrors in your bathroom. Mirrors give that larger image to the room so if you have mirrors facing each other in your bathroom, it will definitely produce that eye trick which makes it look somehow spacious.

Another option that you may want to look into is changing the color of your bathroom. You should opt for light colors which will cover the wall and the ceiling because the impact of dark colors are more on making the room look smaller. As for having your bathroom painted with light colored paint, you may add further designs which can possibly complement the theme of your house. And this is exactly the perfect plan in starting up your small bathroom makeover.

Network Marketing Business Success is Not Just About You

There is a lot of misinformation out there from all the network marketing “gurus” these days about attraction marketing, branding yourself online, credibility and leadership. Now before I go any further, don’t get me wrong, these things are extremely important if you are going to achieve success with your online network marketing business. However, there are other critical elements that cannot be dismissed if you are really going to get off the ground and thrive in this industry.

I will admit that the most important thing you can do to grow your network marketing business is to brand yourself and your personal real estate (your website) on the Internet. There’s no doubt that you need to establish yourself as a credible leader in order to attract prospects and customers to you. There are many different ways to go about this, and this blog usually discusses these methods several times a week. Without going into too much detail, you need to use search engine optimization techniques like article marketing and social bookmarking, along with blogging and other forms of online marketing, if you are truly going to position yourself as a network marketing top earner.

But there are two other crucial aspects to achieving network marketing business success that have been overlooked as of late by many network marketers because of what I feel is an over-emphasis on attraction marketing and self-branding online. These two factors are the team or upline you choose to be mentored by, and the company you choose to partner with.

Seems pretty obvious right? Of course your upline and your network marketing company are going to be vital components on your path to financial freedom. Yet, many home based business owners these days seem to think they are somewhat unimportant, or at least not as important as they once were.

I understand the logic to some extent. Yes, it is possible to build any legitimate network marketing company online. And yes, you can succeed in this industry no matter how much or how little training and guidance you receive from your upline. But to take these two things out of the equation completely is improper. Let’s start with your upline, or the team/system that you choose to join.

The right upline and a powerful system can be invaluable to your network marketing success, especially in the first 6 months of your business. A helpful upline can be a great source of product and compensation plan knowledge. They may hold meetings, either in person or virtual, that can fast forward your network marketing business success. They might keep you informed of corporate happenings and have access to other company information that you might otherwise not pick up. And perhaps most importantly, they may provide you with the training and/or system that is going to be a key to your income earning capabilities, especially in the early-going.

The importance of joining the right team of people and a powerful, sometimes automated system cannot be understated. You should really do your due diligence and study the background of a potential network marketing sponsor. Get to know them on a personal level as much as possible before you even join to see if you can trust this person and communicate with them freely after you’ve registered with the company. Find out if the system they use or that the company endorses is something you can see yourself having success with. Is it simple? Is it effective? Is it working for others? Is it duplicatable? These are questions that need to be answered before you partner with any network marketing upline, no matter which company you are considering.

Speaking of network marketing companies, that is the other critical factor you must consider along with finding the right upline/system and branding yourself. This one seems so obvious, yet many people rush through this decision because they are enamored with the idea of branding themselves to build any old company and working with a team or a system that will get them success. You can’t have one or two of these things in place and expect to succeed over the long haul. All three are important. So here’s what to look for in a network marketing company.

The very first thing to look for is if the company has been around longer than a couple years, the financial state it’s in, and the likelihood that it will be around 5,10, even 20 years from now. If there are any red flags in this area, it’s not even worth going any further with your research. Who wants to work to build a network marketing business with a company that could go out of business in the next few years, or worse yet, in the next few months?

Once you’ve found a legitimate, product-based network marketing company that is established and will be around long-term, then you need to study the compensation plan, the policies and procedures and any other corporate information you can get your hands on. If you aren’t confident with the compensation plan, or you feel uneasy about something you read in the policies and procedures, you may want to address these issues with your potential sponsor or the company itself. If you don’t get sufficient answers to these questions, then it’s probably time to move on to the next company to research.

Finally, we come to quite possibly the single most important aspect of this entire process: The products.

Let me first say that just about every network marketing company has above-average, high-quality products. That is not an exaggeration. Just about every network marketing company I’ve ever studied and discussed with other networkers has superior products to what you’d find in retail stores. That’s just a fact. This is especially true in the health and wellness industry, as several network marketing companies built around vitamins and supplements are noted for their products being of much higher quality than their counterparts in the non-MLM world.

So with that being said, how do pick one company’s products over another, if they are all generally pretty good? Well, two things come into play here. The price, and your personal likes and dislikes. First off, if the products are way overpriced, overvalued and cannot be retailed to outside consumers, then it’s probably not a company worth joining. If you can’t see yourself or the average person buying this product with no financial incentive to do so because of the opportunity or “program” they’re in, then it’s not a company worth partnering with. The product or products need to be able to stand alone as being valuable and worth buying to the average consumer even if you took the MLM business model out of the equation.

And you need to actually like the product. Makes sense, doesn’t it? If you are going to be consuming the product, giving it out to family and friends and selling it to outside consumers, you are going to have to really enjoy at least one of the products your company offers, or else you won’t be able to sell or recommend your product line with any conviction whatsoever. Even if your company functions as somewhat of a wholesale buying club, and you only plan on sponsoring distributors to make money, the opportunity to make money and your personal branding alone will not be able to sell the prospect on your company if the products aren’t good. The bottom line is that your company’s products do have to clearly be superior, they have to be somewhat fairly priced and you have to actually like them.

If you have all three of these major components in place: the right company, the right upline/system, and the ability to brand yourself online, then you are finally ready to make a move and start your network marketing business. Do not take shortcuts in this initial process, or it will come back to bite you later on, or even possibly not allow you to get off the ground at all.

And please don’t listen to the gurus who tell you it’s all about branding yourself and attraction marketing. Yes, it is important, maybe even the single most important thing you can do to build your network marketing business. But it’s not the only thing. Your company and your upline matter too. Imagine having a product or opportunity that was so enticing and so in demand that your own personal leadership qualifications didn’t even matter that much to a prospect. Is this type of scenario common? Of course not, but it is possible, and the reverse of this happens much more often. Imagine drawing a prospect in with your impressive attraction marketing techniques, only to turn them away when it comes time to talk about your system, company and products.

How To Build A Successful Network Marketing Business The Easy Way

In today’s economy, finding a new job or a second source of income might be nearly impossible. Starting your own business from home might be the better choice. Being a small business entrepreneur can be hard at first. However, by utilizing network marketing techniques, you can earn some cash, communicate with others, and assist people by being independent agents.

Use online forums as a way to gain knowledge. Even people who are as new to business may have advice or experience to offer, and you’re sure to find experts online who can guide you towards the success of your developing business. Forums are great places to make a business connection, so always have a major online presence.

A useful communication technique for network marketers is neural-linguistic programming. In contrast, “you” statements are more effective if the goal is to implant an idea in someone’s mind and get his or her agreement. ”

Always have honesty with yourself when deciding your intentions. Do you just want to be a network marketing dilettante? Setting goals and working hard are the best ways to be successful.

Allow your networking contacts the freedom to speak freely. If you strive to learn the most about them by way of social media, blogs or other means of contact, you will be better positioned to market your products. If you listen to your customers and what their wants and needs are, you’ll be able to market to them successfully.

You constantly need to learn in order to expand your network marketing business. Take a few moments each do to read about subjects that can improve your business. Webinars can be a fantastic resource, whether they’re from your company, or another. The more knowledge you acquire, the more of a resource you can be to others while also helping yourself at the same time.

People are always interested in different and innovative things, so this could be your springboard. Give your idea a fighting chance by presenting it to potential customers.

Your investment dollars should be geared toward developing new clients. The number one goal when doing network marketing is obtaining new customers and referrals. Think of your family and friends as a limited circle, so you need to look outside of this. You increase your financial possibilities when you expand your reach to new clients.

If you meet someone who could be a lead for network marketing, make sure it doesn’t go more than 45 minutes. This gives off the impression to potential customers that you are a busy and successful businessperson.

Treat your network marketing as a business at all times. When it comes to your networking profit potential, you get what you give. Maintain diligence and a high level of effort if you desire to make solid profits in network marketing. If you are willing to commit yourself every day, you are far more likely to become successful with your networking strategy.

Helping people, instead of selling them something, can really help you in network marketing. Instead of drawing attention to the fine points of a product, focus on providing a unique service that aids a problem your customer may encounter. This will make it much more desirable.

Spend a lot of your time focused on prospecting leads. Good leads are the best way to generate new revenue. There are lots of other things you have to do such as fielding phone calls, attending interviews, and checking your e mail; however, you won’t make any money doing those things. Obtaining leads and closing deals are really the only ways to make money.

MLM is a business and should be treated as such. The chief reason for failure among many people is the lack of seriousness in their approach. Network marketing takes serious time and energy; with enough effort, you could make it your full time job. Before beginning, it is crucial to do your research, so you are not going into the endeavor blind.

If you are considering starting a campaign to use network marketing be sure to compare the different compensation programs available, which can vary greatly depending on which program you choose. This information will tell you whether the campaign will really be worth your while. If compensation isn’t adequate, look for other plans or options.

When you are searching for a company that does network marketing, find one that has things you are interested in. Your enthusiasm and support of the products will be contagious, and customers will be much more likely to share your interests.

Network marketing is used by businesses of many levels, and you are sure to find it useful for acquiring an audience of your own or helping a large corporation use your network to find theirs. Applying these tips should help you get started and succeed as a independent agent through network marketing.