Daily, a growing number of family heads, men and women, scour the internet in search of a legitimate home based business. Are they on a wild goose chase? No. Here are 5 reasons why your search for a legitimate home based business can be successful…
1. Every 11 seconds someone gets started in their own home based business.
2. The annual income for home-based businesses exceeds $ 427 billion – more than GM, Ford and Chrysler combined!
3. Home based businesses have a greater success rate than other types – roughly 70% of home based businesses continue in excess of 3 years. Compare that with only 29% for other ventures.(Home-Based Business Institute)
4. Women run 70% of home-based businesses. There are 2.1 million women business owners with children. (National Foundation of Women Business Owners)
5. The average home based entrepreneur brings in a tidy $ 63,000 a year. But that’s just the average…more than 20,000 owners in the USA earn more than a million dollars a year from their home based business!
But why the popularity of the home based business model? The above income figures are a part of the reason but there is much more behind this search for a legitimate home based business…
Difficult economic conditions force many companies to either cut back or close down, thus eliminating thousands of jobs. So, many look for a legitimate home based business opportunity.
Remember when gasoline used to cost 36 cents a gallon in the USA back in the 1970’s? Wow! Look at gas prices today. And worsening rush hour traffic only increases the anxiety.
Working two or even three jobs has become the norm these days as inflation eats away at the paycheck of many families. In the struggle to make ends meet, working couples spend less and less time together and with young children at the most critical time in their lives. It is not surprising that a growing number of individuals are searching for a legitimate home based business.
Therefore, a legitimate home based business opportunity promises to give people more control over their life, greater financial stability and a chance for more happiness.
However, what steps can you take to ensure that a given opportunity is legitimate, genuine? And what dangers should you guard against?
Perhaps you’ve already seen some of the hype, unrealistic promises and downright scams just like in any other business. Don’t let this discourage you in your search.
Pay attention to these 8 secrets to success in a legitimate home based business:
1. Any promise of riches without work is a dead give-away. Run the other way! If it sounds too good to be true, it probably is.
2. Expect to make good money but be prepared to put effort into it. In some business models where there is residual income, your effort should decrease as you build up the business.
3. No business can survive without a steady stream of customers to buy your products or services. Therefore a legitimate home based business must have an inexpensive way to get loads of traffic either to your web site or your front door.
4. Family and friends may buy from you but a legitimate home based business will not depend on this for success.
5. A legitimate home based business is more than just a good product. It’s more than just a good marketing plan.
To reach your financial goals, your home based business should have all the necessary ingredients in place.
6. Your time and money are precious so avoid waste… Don’t reinvent the wheel. Instead find a reputable company with all the pieces already in place and buy into their proven program.
7. Look for a program that provides quality training and support. This will save you much frustration and discouragement. Profit should be 50%-75% or more.
8. Avoid programs that require you to purchase expensive leads from them. That’s one way they make money but it does you no good. A legitimate home based business should show you how to find quality prospects at little cost utilizing the power of the Internet. Also there are free advertising sources online and getting sales 24 hours/day is now standard practice.
No doubt about it, you can find a legitimate home based business and fulfill your financial dreams. Print this article and use it as a checklist in your search.