Online Home Based Business, Choosing The Right One

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How to Choose an
Online Home Based Business…

That’s Right for You!

 
Online Home Based BusinessIs your head spinning with all the choices of online home based business opportunities available on the Internet?  Are you looking for the best online home based business that would allow you to build a profitable, home based business, but there are so many to choose from that it is far too confusing to make a decision?

As an entrepreneur, or “soon-to-be” entrepreneur, you are probably being inundated with information about online home based business and home business marketing online.

This article will take you through an assessment process that may be helpful to you.

Assessing an Online Home Based Business

To begin, it is helpful to decide on the type of business and/or the distribution channel.  For example, do you want to create your own product, sell a company’s product, or provide a service?

Then, after deciding on the type of business, you’ll need to research the industry, company and management, if feasible.  In other words, you need to do your homework.  As an example, I researched different network marketing online opportunities, making sure I asked the following questions to determine which was the best company for me:

  1. Do I believe in the product and could I see myself marketing it? What is the reputation of the product?
  2. Is the company financially sound?  Have I scrutinized them and compared them to similar companies?
  3. What did I learn about the management team? How dynamic and charismatic is the CEO?
  4. What does a Google search tell me about the company, product, and management?
  5. What are people who joined this opportunity saying?
  6. Is this the right timing? What growth phase is company experiencing? Is company ahead of a market trend?
  7. Does the compensation plan pay the beginner quickly and what is the percentage payout? Can your entire team profit?
  8. Does company offer training and support?

The weighting you give to these answers may depend on your preferences, and there are other questions you may ask, depending on the online home based business.

Selecting Your Online Home Based Business – The Personal Factor

Next, after doing this analysis, it is important to deal with the “personal factor”.  You need to decide what you need financially and emotionally from the business. The “personal factor” is important in determining whether you can maintain a successful mindset and resist the urge to quit.

Ask yourself, “What is my passion? What work could I do that would not feel like work? What did I need emotionally?”

Often “newbies” (people new to online home business marketing) decide to market a product based solely on the income claims. Buyer beware!

In conclusion, this decision-making process has the following steps:

  1. Determining the type of online home based business and/or distribution channel.
  2. Researching to be sure the salient or relevant facts are uncovered by asking key questions.
  3. Soul-searching to determine what opportunity would not feel like work.

Finally, regardless of which opportunity you choose, you will need effective home business marketing if you want online home based business success.

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Click here to discover a system that will take you from
beginner to pro in home business marketing
and teach you everything you need to know to get endless leads
for your online home based business starting today!

Visit again soon for more Online Home Based Business tips!

 
If you found this home business marketing post valuable, please tell a friend.

 
You can find out how you can start earning commissions as you learn home business marketing from the industry’s top income earners, click this link to learn more about the Empower Network.
 
To Our Home Business Marketing Success,

online home based business

JC Dawkins

“Inspiring Dreams, Empowering People, Transforming Lives”
 
Member of Empower Network Dream Team

© 2010 – 2012 All rights reserved. Home Business Marketing – Online Home Based Business

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4 Responses to “Online Home Based Business, Choosing The Right One”

  1. Liz McGowen says:

    Nice post. You hit the nail on the head as far as the key areas that are so crucial to consider. I love it when people say they need to do more research before we talk again.

    It’s interesting that you mention the “personal factor” and its effect in helping people resist the urge to quit. I was actually thinking about that issue this morning. I’m wondering, do you think that personal “why”s that are focused on helping others (rather than material things, the money, cars, houses, etc.) are more related to success?

    Love your blog! Keep up the good work.

    • admin says:

      Great question! I actually think it depends on the person. Some people are totally motivated by money. I’d like to think that most people understand that helping others is the true measure of success and you get paid in accordance to how much value you give. What do you think?

  2. Ulysses says:

    JC, This is a great posting. I agree, people should do their due diligence before choosing an opportunity. So many people will make a business decision based on emotion alone. That’s just not wise. Thanks again and great job.

    • admin says:

      Ulysses, thank you for your comment. It’s interesting that you say that many people make business decisions based on emotions. I think many people go through life allowing their emotions to rule them, in general. Then they join a business and their tendency is not to be able to handle the ups and downs of building a business. So, those same emotions that got them involved can work against them…even if the business is a valid one. What’s your take?

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