Online Business Opportunities - The 5 Essentials
Online business opportunities, Google finds over 67 million. How do you find yours? Finding the right one for you can be tricky but not impossible. Use the Five essentials to a legitimate online business opportunity: a high demand product that delivers value, a solid system, scaled training, paid up front with residual income, and a support community.
The product: Have you heard location, location, location? Well the same can be said for the product you're thinking about marketing. Does that product fill a need today? Is that product diluted in the market or does it stand out? How or who can duplicate the product? If that business opportunity stands out is not easily duplicated and is in high demand, you're in the game.
Does the opportunity have a solid system in place that allows you to leverage your time to do the work once, but get paid again and again? Plenty of companies are looking to recruit you to sell their product, with you selling, telling and talking to any Tom, Dick or Jane. A solid opportunity has a system that you do the work once and that work continues to work for you.
Scaled training: Can an absolute beginner to the seasoned business owner step into the online business opportunity and both stand at the summit with training from start to finish? Training is essential and the opportunity you pick should have training videos, live Q&A calls, webinars, self help as well leaders that guide you if you are stuck.
The entrepreneur paid up front on a $5-10k sale or the salesman paid on a $5-10 sale on the back end? Who do you think stays in the game longer? With $ 5,000 coming to you first, you pay yourself then send a portion of that $ 5,000 sale to pay the product cost vs. having to sell 500 at $10. It's the same $ 5,000 but you're paid at the end of the month and the opportunity is paid first. If you don't sell that 500 but you've sold 495 at the end of the month and day one starts again with sale number 1, where did the $2,475 go? Another point is how many streams of income for that opportunity, not to be confused with multiple products from the same company.
Next, is there a community of leaders that have the results you want to have? Are people in the community living the life you're wanting to live? How many in the community are top earners, what percentage are making $10k plus per month? Does this community have people from all walks of life as their rock stars, just plugging in doing the work and living the dream?
This starts to give you a picture of what a solid online business model will have in it. One more quick point is if you take away the opportunity would you need, use or want the product? If no, look to the next opportunity. If you can not stand up and own up to marketing that product and opportunity with a 100% conviction you have not found the right opportunity for you. Yes there are about 67 Million of them but a little research now pays big down the road.
Online Business Opportunities The 5 Essentials - To learn more about this author, visit Pat Idoux'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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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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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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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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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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