Beware the Dangers of Self Employed Business Opportunities
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Free Download - How to Find the Best Online Self Employed Business Opportunity By Rob Bourne |
With unemployment rates climbing across the globe - it's no wonder people are looking at self employed business opportunities. In the US alone nearly 15 million people are unemployed (August 2009) and increasing at the rate of 4 -500,000 per month. The unemployment rate in the US is close to 10% - That's one person in very 10 out of work. Each country across the globe is experiencing similar rising unemployment rates - only the numbers are different.
The meltdown in global financial markets has caught most people flat footed and for those struggling with losing their job or even the threat of losing their job, the picture is even bleaker when they look at their decimated savings or retirement funds, many of which have fallen 20 - 60% in value.
As a financial planner, I recently talked to a young couple, struggling to make ends meet after both losing their jobs in the mining industry. A little over 2 years ago they were cruising, just married, and earning a combined $200,000. They bought a house, new car and took on a mortgage.
The picture today shows the stark reality from the fallout brought on by the greed and manipulation of Wall Street. Both are now unemployed, or able to find only part time work, were forced into selling their home for less than they paid, downsized their car by ten years and now have a young child.
Lured by the power of the internet they sought a way to break free of their situation and began looking for self employed business opportunities only to lose money again (twice) by getting into programs they didn't understand. They became victims of the new greed now sweeping the internet. Having said that, there are plenty of legitimate self employed business opportunities out there on the internet - you just have to find them.
Research is the key. With so many people looking to start a home based business or looking for a self employed business opportunity its essential people take the time to understand and learn what it is they are getting into. Research any opportunity thoroughly before committing any money. Use the Google keywords like 'scam' or 'review' with any business opportunity you research. Make sure you can answer 3 basic questions which most people should ask when looking at any self employed business opportunity:
- Can I do it? There are so many different opportunities out there you need to consider whether you need any special skills that you don't already have. Eg. Do you have to design your own webpages?
- Is it easy? Most new businesses will involve acquiring some new skills. Are those skills within your capability?
- What support will I get? No matter what new business you start most people will need support to show them the ropes. Make sure there is a solid and reliable support system or team in place to help you succeed.
The lure to making quick and easy money on the internet is growing as fast as the rising unemployment numbers. If you can't get positive answers to these basic questions then you need to move on.
Beware the Dangers of Self Employed Business Opportunities - To learn more about this author, visit Rob Bourne'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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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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