Do You Know How To Make More Money Online and Not Get Taken?!

BusinessHome Business

  • Author Glen Jacobs
  • Published January 22, 2008
  • Word count 1,111

How Do I Start Home Based Business?

Don’t Get Taken! Know What to Look For In A Legitimate Business. Make More Money Online By Starting Only The Best Online Business

By Glen Jaocbs

Industry Analysts Agree That There Is A Group of Fewer Than 10 Elite Internet Based Business That Have The Products and Compensation Plans To Provide Long-Term Opportunities to Make More Money Online

Start Home Based Business on the Internet –Diversify your income and make more money by starting an internet based business. You can make more money online, but Don’t quit your day job, at least not right away. Light the match, but don’t ignite the fuse to burn your bridges until you get going. Become involved with only the best online business opportunities, for your future.

The best online business opportunities are be those that allow you to start earning a 4, 5, or 6 figure monthly incomes within the first year.

But Ask These Questions First!

  • How Does the Company Make Money?

THE MOST CRITICAL ISSUE. The company you join should only make money off of the sales of the products and services they offer, with greater than 65% to 70% going to the consultants doing the selling. The plan should provide for the consultant to make more money.

The best online businesses do charge an annual sign-up fee to new independent consultants/distributors/members. The Fee should be less than $250 per year.

The company should not charge monthly fees, including monthly charges for a BASIC corporate website to get your business started. Most company sites are self- replicating on the company’s own server and cost virtually nothing to provide. A charge for BASIC website is a strong indication that the company does not anticipate earning significant money from the sales of their products and services.

Note: The very best online businesses may offer upgraded services on fully automated "back office" system for a reasonable monthly charge, which can help you run your business much more efficiently, in one-stop approach. Upgrading to your company’s back office system, lets you keep everything together, and is usually a great savings of time and money.

  • Are The Products And Services Being Sold Legitimate Stand Alone Offerings?

Research the products and services. To build a stable best online business opportunity there must be products and services people would purchase without a business opportunity attached. Many unscrupulous network marketing and direct sales companies are built around the compensation plan paying when new members sign up, and not from the sales of products.

Use the product or services yourself – FOUNDATIONAL - If you don’t purchase the products or services for yourself then this is an indication that you also won’t be able to make more money marketing them. If you don’t own and use the products or use the services, you won’t believe in them, and will not be successful marketing. Those marketing problem solving products make more money.

The best online business offerings do not have a requirement to purchase the products to start your business. However, a good compensation plan will reward members who do, with larger commissions and more money. It is always a bad financial decision not to purchase the products or services. If you can reasonably afford to join at the highest level the company offers, then you should. Otherwise you leave significant amounts of money on the table.

Money Back Guarantee - Make sure there is a money back guarantee for the products. This is required by law for most anything you buy from home.Make sure you see this plainly and prominently displayed. This takes the risk out of the purchase.

  • Is This Company The REAL DEAL?

Evaluate the Company -Make sure that the company has a long term vision and will share its business plan. The best online business is a reputable company with nothing to hide will have the plan on its website.

Check the Company Out. If the company has had a lot of bad publicity, it is a bad company. Bad publicity kills bad companies quickly! There are no companies that haven’t had some complaints filed against it, but look for a long-term pattern of the more serious complaints like fraud or dangerous products, not customer service complaints, unless they are consistent.

Made in the USA. Make sure the company is not lurking offshore in some foreign tropical paradise outside the reach of the long arm of the law. If it is, you will be out of luck, paying for the owner’s margaritas and luxury accommodations when things go bad.

Make Sure the Company Has a Vested Interest In Your Success –As a consultant, do not choose a company that requires you to pre-purchase the products wholesale, up front. Otherwise, once the sale is made and the company has cashed your check they are on the corporate jet, off to the tropical island headquarters, margaritas in hand and you can say goodbye to your money.

Critical……make sure the compensation plan does not require you to pass up any sales as part of a qualification system. Be in a money making position from the start. Every time you make a sale you should earn a well deserved, large profit. Find out if the compensation plan allows you bigger commissions and payouts, if you purchase initial products at higher levels. This will work to your financial advantage and provide a quicker return of your initial investment.

  • How Is the Opportunity Marketed and How Are the Products and Services Sold?

If you want rapid results, look for an opportunity where you do not have to do any personal selling, unless internet marketing is one of your strengths. Very few people are born good marketers or salesmen. New consultants thrive when there are services available to help market their opportunity and products, helping them to get started much more rapidly.

Make sure you are part of an organization with a "duplicatable" system in place to do this for you. There should be an entire team of people to support your success. Your company should have presentations and information that allow a business prospects to make a decision, with no personal selling or explanation from you.

And it just keeps getting better and easier to get started!

Over the past several months several cutting edge services have become available online that do much of the marketing, promoting of both you and your business.

Find a partner/mentor who will help you step-by-step in the building your million dollar business. Then, go out and make more money, and have fun doing it with great confidence!

The Best is Yet To Come!

Glen Jacobs, Life Style Mentor and Successful Entrepreneur, is helping many become the next success story. Whether you're looking to create an extra few thousand dollars per month, be an ex-corporate executive, or the next millionaire Mom, Glen can assist you to create a second stream of income and greater peace of mind. visit : More Money

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