| Question | Date |
|---|---|
| How do you know which home based businesess are ltge How do you know which home based business is right for you?Well... the first thing is you have to determine whether or not the opportunity you're looking at is a home based business or a work from home opportunity. The things like stuffing envelopes or data entry is more of a work from home opportunity and not a home based business... although they promote it as a home based business. The easiest way to determine if it's a home based business is simply residual income. If you have the ability to build a true residual income... then it would be considered a home based business. The other thing, you HAVE to do your due diligence to find out as much as you can about the company or the opportunity. In doing your due diligence you will find out information about the product or service you'll be providing people. Is it something you can get behind and be passionate about it? If you can't then it's probably not for you. For instance, if you're not into investing or life insurance... then working for a company that does that isn't for you. The second thing is... you have to understand how you get paid! Most people jump into opportunities and have no idea how the comp plan works. The bottom line is this... in order to make the best educated decision for yourself, you have to get as much information as you need (not anyone else) to make that educated decision. You have the internet, friends, mentors, business people, and/or family members in which you can get answers! The catch is this... make sure you ask people that have the mindset that you want to achieve. Don't ask a person that is always blaming others for their lack of success. I hope this provided the value you were looking for. Thank you for the question, Mike | 21 Mar, 2010 4:01 AM |
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