Choose The Right Business For You In Less Than 15 Minutes ---------------------------------------------------------- (c) Copyright Charles Kangethe----------------------------------------------- 3 Characteristics Of "The Right Business" Model -----------------------------------------------
=> The business must service a large market.
Niche markets are also very profitable but require specialist products and customer service. Target niche markets when you are more confident in your business abilities.
=> The business must adapt and change with
market. Be aware faddish businesses can be very difficult to operate because of
rapid rate at which market perceptions change.
=> Initial start-up capital requirements must be minimal
Many new business owners work to tight budgets and have limited resources to start-up. Ideal business models should therefore have low start-up costs.
------------------------------------------ What Business Fits These Characteristics ? ------------------------------------------
A (home based), direct response marketing business, dealing in Information has all these characteristics and offers unparalleled flexibility for
serious Wealth Creator.
Direct response marketing is all about
targeting of a specific market by use of mail shots.
Mail shots can be sent by post as happens in mail order or by e-mail as happens in
online Internet world.
Let's get specific and see how direct response marketing fulfils
characteristics of "The Right Business"
------------ Large Market ------------
Direct Response is a multi billion dollar industry and growing. The US leads
world in direct response marketing, principally due to
geographical spread of
country, and
almost universal acceptance of direct response marketing as a valid means of buying and selling products.
The UK is a very sophisticated direct marketers environment, where many US trends manifest themselves as a result of
close cultural, economic and political ties between
two countries.
5 Reasons Why The Business Should Deal With Information. --------------------------------------------------------
=> People like Information. They seek it everywhere. On
TV, on radio, at
cinema, in newspapers, in books and reports and increasingly on
Internet.
=> The need for Information seems insatiable -
more a person knows about a particular subject,
more they want to know. It is also true that
less someone knows about something which is of some interest to them
more they will seek out information to expand their knowledge.