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How Do I Find a Legitimate Home Based Business?
February 5, 2010 by admin · Leave a Comment
A large number of people would like to work from home. An even larger number of people would like to make more money than they are currently making. What stops people from taking action to move them toward their goals is the fear of the unknown and the fear of being scammed.
Over-hyped Home business opportunities are everywhere on the internet. If you are looking for a way to work from home, it is almost impossible to wade through the mountains of different home based business opportunities. So how do you know what is real and what is a scam? How do you find the right business for you?
Unfortunately, there are a lot of home business scams that have tainted many peoples opinion. However there are also a lot of home based businesses that are legitimate and legal.
The first thing to know is: What are you looking for? If you don’t know what goal you want to achieve, how can you find the right home business opportunity?
Here are a couple of important things to consider when you are looking at opportunities to work form home:
1. Are you looking for a job or do you want your own business?
This is a huge distinction. The biggest difference will be in your initial investment and in your potential income. Just as in the “brick and mortar” business world, the risks and benefits in expense of being an employee and being a business owner are two completely different things.
- Be cautious of any company that asks for money for a work at home job.
- Expect to invest a minimum of $2000 to get a legitimate home business started.
It’s seems common sense, that you shouldn’t expect to pay for a job. It also makes sense that if you are going to start a business, some capital will be required. Yet I talk to people everyday who think that a $35 dollar investment should yield them an immediate 6 figure income. You can make a lot of money working from home and you can even do it fairly quickly, but too many people have unrealistic expectations.
2. Are you motivated to be home with family, or are you looking to make a fortune?
There are home businesses that you can fairly easily and predictably make an extra $1000 or $2000 per month. This will not make you rich, but it is often enough to keep a spouse from working a job. It is also just enough to keep the family living paycheck to paycheck.
- The lower income, more predictable businesses are often providing a service to people.
- The higher income, often more risky businesses are generally sales/product related.
If you are looking for financial freedom, you can do that with a home based business. As with anything in life, the bigger the reward, the higher the risk. Many people who are making big money from home are doing so with direct sales, affiliate marketing and network marketing companies. This is a real opportunity to make a multiple 6 figure income from a home based business, but it is also where 95% of people fail! If you are thinking of going this route, make sure you follow somebody who knows what they are doing and who has achieved the level of success you are looking for. The companies that have been around and have success will have a system for you to follow. It will be up to you to follow the system, which is usually simple in concept, but often difficult for people in reality. This is why the success rate is low. Make sure you are committed to your goals and understand the business system before you get started.
Once you know what result you want out of a home business, then you must do your due diligence on each opportunity you find that can potentially deliver the end result that you are looking for. I have covered that process in more detail in another article.
Keri Just is a Home Business Professional and coaches others on how to have success working from home. You can contact Keri and get additional information through his website at:
justforfreedom.net justforfreedom.net
