5 Things to Look for in Home Business Ideas and Opportunities
As I was jotting down notes for this article on the things to look for in home business ideas and opportunities, the list grew rapidly. So many different opportunities exist to make a quick buck online. Income claims of “$250k in your first year” are everywhere on the internet. Instead of looking at this in the standard way, I decided to take more of a philosophical approach. So the list I came up with is below.
Tip #1: Look for a business that doesn’t have outrageous income claims.
The Reason: Home Business Ideas and Opportunities are legitimate. So many people make tremendous livings online, working from home, offering a service to society. The problem is that all of these ‘fly by night’ companies that spout off dubious income claims tend to mar the industry. A system I would want to associate with would be one that is both grounded, and innovative enough to NOT have outrageous income claims. The company that is leading the way is most likely the best opportunity.
Tip #2: Look for a business with a track record, a proven system, AND successful leaders.
The Reason: As cliché as it sounds, the crewman are only as good as the captain. You cannot succeed in an industry as competitive as home business without having an incredible team behind you. A true support system with built in training, constantly evolving to best support the entrepreneurs involved.
Tip#3: Find a home business idea that maximizes leverage.
The Reason: The internet is so powerful because of leverage. An industry (like MLM) where you go around and talk to your friends, while possible to be successful, takes forever and really has no “system” in place. A person is only capable of so much. Leverage is key to success online.
Tip#4: Find a community that concentrates on self mastery and self improvement
The Reason: If one is to accumulate money, success, freedom of time, lifestyle, or whatever it is that they desire, they must truly know themselves. Being a leader is as simple, and as difficult, as truly being yourself. If you don’t understand yourself, and consistently work on yourself, it is very difficult to succeed in areas outside of yourself.
Tip#5: Find a system that allows you to work directly with a mentor, sponsor, or some person.
The Reason: Call centers, help lines, and general training stuff is great. The truth is, it’s tough to remain motivated, fine tune your own business, and really grow to your potential without having a person directly involved. It’s the same thing as taking your car to a mechanic: all mechanics are probably capable, but the mechanic you take your car to every time is going to do “the best” job. Find a mechanic for your business in a mentor.
When I was looking through home business ideas and opportunities, I looked for those 5 things (whether I knew it or not!) I found them all in the company I decided to go with, and I haven’t looked back. I, like probably most others, started out attracted to the idea of freedom, wealth, and ‘easy street’. While those things are bi products, they cannot be the focus.5 Things to Look for in Home Business Ideas and Opportunities - To learn more about this author, visit Jeffrey Nelson'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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Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power'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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Stephanie RobeyStephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals. She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences. Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University. Read Steph's Blog Meet Steph and Dave Sign up for our Free 7-Day BootCamp: Self Employed & Rich - Visit Stephanie Robey'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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Casey GollanCasey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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