The Current Economy Is Reason Alone to Have A Home Based Business  in 2011

In today’s economic climate there are more people flocking to the Internet than ever looking to start a home based business in 2011.

Frustrations and fears are at an all time high with layoffs and uncertainty within America’s workforce. More and more people have seen their dream of retirement from former employers turn into a nightmare.

The direct sales Mult-level Marketing Industry has caught the attention of many former employees turned entrepreneurs due to a rapidly evolving world economy.

So that’s where our focus will be in this post as relates to a Home Based Business. So how do you know what to look for in a home based business in 2011?

Need More Ammo for A Home Based Business in 2011…

Here are 5 Key components that any home based business you are considering should have not in this particular order:

• Sponsorship is it duplicatable?

• Company Track Record

• Product how is it received in the market place? Uniqueness? Saturation?

• Training/System/Tools ex: Are they leveraging the Internet?

• Leadership/CEO/President

Sponsorship – It essentially boils down to this, can I do this and can I easily teach/empower someone else to do it. The key factor in Network Marketing/Home Based Business in 2011 is duplication. How many Mini-Me’s can I make in the shortest amount of time? Remember, I can take you fishing and catch the fish for you or I can teach you how to fish and you can feed yourself for a lifetime.

“He Who Knows Why Will Always Employ He Who Knows How.”

Company – Listen and hear me good, selecting a company should not be an emotional decision. Here are some factors to consider in choosing your company:

1. Timing- Where’s the company’s growth cycle? Network Marketing Companies spike and plateau in growth…you want to catch the spike cycle because you can capitalise on the company’s momentum.

2. Product-Is the market saturated with that or very similar products? How many other companies are in that niche? In other words what makes your product so special? If I googled your product, how many other companies pop up? It’s all leverage and you need every advantage you can in this business.

3. Track Record-What does the trail left behind by the company say about it? Do they practice business with integrity? Are the reps proud to be associated with the company? You can call and subtely interview a rep to gauge how they feel about the company.( Take Care Not To Get Sucked In)….lol

Training – Training is absolutely key in choosing a home based business in 2011. Training has to be a focal point of the company. Now every training system is not created equal, just because they have training doesn’t speak to the quality of the training itself. I only know of one metric that matters when it comes to measuring a training system…if new reps are coming in and having immediate success and building down lines with retention. To me that’s a training system that qualifies as successful.

Leadership – Last but certainly not least. The company’s leadership determines vision and direction for your home based business in 2011 and beyond. You want to have a firm idea coming into a company that the captain has his hands firmly planted on the “wheel” and that they have mastered the skills necessary to take the company to great heights. Again track record comes into play, have they done it before and were they successful at it?

Choosing a home based business to start can be a daunting task especially trying to use the internet to narrow it down for you. Hopefully these tips have been helpful in your search.

If you find this post helpful please share this with your friends and comment below.

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I remember my having my uncle pour me a glass of iced tea and he would always without fail say tell me “when”. That meant to let him know when to stop pouring.

I’ve been involved off and on in the network marketing industry for about 10 yrs and I’ve never had the inclination to say “when” as relates to leads.

I’ve tried many ways over the years to generate enough leads for my business so I could reach that zenith in my business and fix my mouth to say “when”.

Let’s see, I wrote out my list of 100 names called them each and followed my script to the letter, even practiced in the mirror before I called to rehearse so I wouldn’t sound so mechanical.

I even stood up while making my calls and smiled because I was told that my body langauge came across even on the phone by my sponsors.

Moving on I talked to the people at my church, the people on my job, I even used the memory jogger (not fully to be honest) but I contacted my mail man and even my dentist and his staff.

I even stalked my prey in Target and Walmart, got a shopping cart put a few items into the cart to help me really get in character and began my oscar award winning performance in the role of “shopper”.

I can laugh about it now but then it was as stressfull as anything I’d ever done and the strange thing about it was never once did I reach the point where my leads were about to overflow out of my cup forcing me to say “when”.

At the risk of being redundant…Wouldn’t it be cool to have more leads than time?

Wouldn’t it be cool to lay down for bed and wake up with e-mails, text msgs and voicemails from people who want to work with you?

Got something better to do than dramatically increase the amount of people with eyes on your business?

Well ok, if you do then you can stop reading now and thanks for stopping by. You can go here for some free parting gifts….Click Here===>Pay It Forward

Still Here? Ok click on the image of the pretty girl smiling and watch the video to find out how to say “when”…

 

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