Starting a home based business but don’t know where to start or who to trust? This resource will provide you with 8 characteristics to look for when starting a home based business and how to avoid making costly mistakes… MISSION: You’ve got to have a mission that puts the success of others first. Visit this link to see our mission to create 100 online millionaires by 2012. INDUSTRY: Direct Sales via Network Marketing. No other business model offers so much potential with so few barriers to entry (like start-up costs). ? COMPENSATION PLAN: Direct Sales, but only if it has a residual income based compensation plan. ??Stay away from the ‘2-up’ compensation plan found in most direct sales companies. This compensation plan is not fair and does not harbor team spirit because your over-rides on partners is limited to their first two customers. ? PRODUCTS: The long term profitability and viability of any company will be determined by the actual value of the products being sold. Will your products be able to stand alone in the marketplace for their value alone and not for the business opportunity aspect? If the product(s) being marketed won’t stand on their own, in other words if no one would buy them without the money-making incentive, then they’re not the right products. ? MENTOR: Find a mentor. Someone you can trust. Someone who has a system. Someone who already has the results you’re looking for. This has to be someone who is willing to listen to your needs and actually cares about your success. He/she must also have a financial interest in your success. MARKETING: Use an Attraction Marketing system like ours that does the sorting, selling, training, and follow-up for you. This system must not only attract (right keywords, ads etc) the right type of person (entrepreneur vs get-rich-quick loser), but be able to present the information in such a way that is clear, concise, to the point and not full of hype fluff or crazy promises. ??Then figure out how to get 100-200 QUALITY targeted prospects into your marketing pipeline EACH week. (Remember, there are close to a million people looking for businesses every week and 79 million Americans plan to start their own business in the next 3-5 years!) ? TRAINING: Make sure you have access to one-on-one, and group training designed to dramatically shorten your learning curve and reduce the number of variables that come with “trial and error”. Our system is designed to “share” the knowledge and experience with EVERY member through our daily training calls and forum. Our consultants get to hear top producers working their businesses LIVE, every week, as if they were sitting in the office with them. SUPPORT: Unparalleled support is mandatory. All of our consultants get a Team support list of contacts (including local contacts) in case they cannot reach us and EVERYONE in our system is highly motivated to help you reach the level of financial prosperity that you want because we’re compensated extremely well in order to ensure that you do! http://meetadamchandler.com/starting-a-home-based-business/starting-a-home-based-business-8-characteristics-to-look-for-when-starting-a-home-based-business/
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