Business Opportunity in a Recession
Business Opportunity in a Recession
7 myths about business opportunity:
1. Work at home is effortless - False: If it were effortless it would not be called work.
2. Turnkey business will build itself - False: When you turn the key someone has to drive that business
3. You will get rich quick - False:: It takes time to build a business. Plan to spend 3-5 years dedicated to growing your business
4. Free business opportunities will make you rich - False: If you could get rich with a free business everyone would be rich
5. Internet business is expensive False: Most internet business can be started for under $5000 and minimal monthly costs. Traditional business usually costs 75-100 THOUSAND dollars to start and then the ongoing costs of employees, inventory, rent etc.
6. When you work at home, you work alone - False: Cooperative marketing teams share their knowledge and skills to benefit team members
7. Duplication works - False: It is impossible to duplicate what someone else does. We all have our own personality, style and experience. Cooperation and delegation allows people to work in their area of strength while they earn and learn
Choosing the right home based business is probably the single most important factor affecting your ability to be successful. Being involved with a business opportunity that you can be proud of will make a huge difference to your commitment and dedication to building your business.
The lure of the newest and most innovative product or the promise of being first in a ground floor opportunity, can be irresistible. We have been conditioned to believe that a new business or a new opportunity about to launch is better than a company that has been around for awhile.
The truth is, an established company with great products, is much better choice. Most start up companies whether they are online of offline will fail within the first two years. Statistically, start up companies is a very risky proposition.
Entrepreneurs are risk takers or they would not break out of conventional employee roles to move into the business world. With the unstable economy and 1000s of people a day losing their jobs, the entrepreneurial spirit is awakening in people who are concerned about their financial future.
To be a successful entrepreneur means making good decisions and working hard. The Internet has spawned many affiliate programs that allow you to start your business with the foundation already in place. A strong foundation is important especially during a recession when everyone is concerned about their finances.
Corporations are failing at worst and having to restructure or downsize to reduce their costs. Take a lesson from the corporate world and do not choose to affiliate with a business that does not have a track record.
Look at all aspects of the company. If you don't love the product, the company and the compensation plan, you will not be successful. Who would buy anything that you do not fully believe in? Do your homework and research diligently until you have found the business opportunity that you could be proud of.
Business Opportunity in a Recession - To learn more about this author, visit Paulette Sherb's Website.
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All too often home business is taken for granted. It is easy to forget that work at home involves more dedication and commitment than working for an employer. When you are your own boss you make the decisions about when and how hard you work. Finding a balance between your responsibilities to your family and your business.
7 myths about business opportunity:
1. Work at home is effortless - False: If it were effortless it would not be called work.
2. Turnkey business will build itself - False: When you turn the key someone has to drive that business
3. You will get rich quick - False:: It takes time to build a business. Plan to spend 3-5 years dedicated to growing your business
4. Free business opportunities will make you rich - False: If you could get rich with a free business everyone would be rich
5. Internet business is expensive False: Most internet business can be started for under $5000 and minimal monthly costs. Traditional business usually costs 75-100 THOUSAND dollars to start and then the ongoing costs of employees, inventory, rent etc.
6. When you work at home, you work alone - False: Cooperative marketing teams share their knowledge and skills to benefit team members
7. Duplication works - False: It is impossible to duplicate what someone else does. We all have our own personality, style and experience. Cooperation and delegation allows people to work in their area of strength while they earn and learn
Choosing the right home based business is probably the single most important factor affecting your ability to be successful. Being involved with a business opportunity that you can be proud of will make a huge difference to your commitment and dedication to building your business.
The lure of the newest and most innovative product or the promise of being first in a ground floor opportunity, can be irresistible. We have been conditioned to believe that a new business or a new opportunity about to launch is better than a company that has been around for awhile.
The truth is, an established company with great products, is much better choice. Most start up companies whether they are online of offline will fail within the first two years. Statistically, start up companies is a very risky proposition.
Entrepreneurs are risk takers or they would not break out of conventional employee roles to move into the business world. With the unstable economy and 1000s of people a day losing their jobs, the entrepreneurial spirit is awakening in people who are concerned about their financial future.
To be a successful entrepreneur means making good decisions and working hard. The Internet has spawned many affiliate programs that allow you to start your business with the foundation already in place. A strong foundation is important especially during a recession when everyone is concerned about their finances.
Corporations are failing at worst and having to restructure or downsize to reduce their costs. Take a lesson from the corporate world and do not choose to affiliate with a business that does not have a track record.
Look at all aspects of the company. If you don't love the product, the company and the compensation plan, you will not be successful. Who would buy anything that you do not fully believe in? Do your homework and research diligently until you have found the business opportunity that you could be proud of.
Business Opportunity in a Recession - To learn more about this author, visit Paulette Sherb's Website.
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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David AchesonDavid Acheson is the founder of DCJA Consultancy. DCJA Consultancy is a management consultancy business specialising in B2B sales consultancy. They offer bespoke and packaged sales consultancy including Sales Optimisation Review, Interim Sales Management, Sales & Marketing Review, 1:1 Sales & Management Staff Analysis, Management Training, Solution Sales Training, Creation of New Pay Plan, KPI's, run Customer Feedback Campaigns, assist with Recruitment, Coaching, Appraisals and set up Strategic Marketing Campaigns. David spent his early career in accountancy and then moved into sales in 1982, working in Office Equipment, IT, Advertising, Training, Outsourcing and Consultancy. He has held many Senior Positions in SMBs and Global Organisations including Head of Sales Operations & Head of Business Development. His knowledge, skills and great experience of the Sales Industry has led to David making keynote speeches and running educational sessions to key businesses through organisations including The Chamber of Commerce and Business Link. - Visit David Acheson's Website |
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Leanne Hoagland-SmithAre your sales where you want them to be? Will you be one of the few who achieves sales or business success or one of the many who have failed to change? Are you tired of being told you are like everyone else? Then you may find my first book on sales of interest. Be the Red Jacket in the Sea of Gray Suits, The Keys to Unlocking Sales available at Amazon or at http://www.processspecialist.com/red-jacket.htm. This book is a reflection of my no-nonsense approach to improving sales to overall business results. If you are truly committed to making sustainable changes, then I can help you secure a positive return on your investment because I focus on executable solutions not telling you the problems you already know you have. From training to corporate (group) coaching to executive one on one coaching, my approach is to assess, create awareness, build a goal driven action plan and then execute. The bottom line question is "Not do you or your employees know it, but do you or they want to do it?" Please call for a free strategy session at 219.759.5601. - Visit Leanne Hoagland-Smith's Website |
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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