6 Attributes of a Successful Home Business

Written by Linda McCauley


6 Attributes of a Successful Home Business by Linda McCauley

Very few people actually know what makes a home business successful. Many budding entrepreneurs wind up starting a home business that really has very little chance of surviving. You need to understandrepparttar critical factors that make a home business successful - you will fail to find a business that hasrepparttar 102341 potential of delivering you amazing results. So, when you are looking for a home based business that is truly going to deliver you additional income, or better still, replace your job income, read on to find out exactly what you should be looking for.

Attribute 1 – It must have a huge expanding market Whichever business you chose it must tap into a huge expanding market. This is one that can serverepparttar 102342 needs and wants of potentially millions of people – most importantlyrepparttar 102343 baby boomers which are those born between 1945 and early 1960. The baby boomers arerepparttar 102344 largest consumer base withrepparttar 102345 highest disposable income base. Therefore, you would be wise to find an industry where they are focusing their money. Their main area of spending is: To have better health, To assure a good retirement, Home business opportunities – (burnout and redundancy), To look and feel younger, To spend more time with their families - more time freedom or time flexibility, To be financially secure. You will also need to find an area that isn’t being adequately serviced by current products. How about laundry detergents, toothpaste, food storage containers, pots and pans or even computers. Now don’t get me wrong, I am sure that you can get very fine products like these from a work from home entrepreneur, but high quality brands are available in retail stores everywhere. And when a better detergent or mobile phone comes along you will not be able to compete with major brands and their advertising. Most people will buy these types of products fromrepparttar 102346 biggest retail store. Don’t get fooled by cool gadgets and novel ideas. You need to learn to think clearly about what will give your business success.

The largest expanding markets inrepparttar 102347 world today are: •Home Based Business Opportunity Industry - $400billion •E-Commerce Industry – Internet marketing now exceeds $1 trillion •Mail-order/catalogue sales and marketing Industry - $350billion •The wellness Industry $200 billion and projected to reach an incredible $1trillion inrepparttar 102348 next handful of years. •Personal care and grooming Industry - $80billion. People are continually searching for ways to look and feel better.

Attribute 2 – It must have a Unique Consumable Product What would you rather market? •A product people will buy from you month in and month out for many years? •A product once purchased never required again or for several years? If you can find a set of products that are unique because of a patent or similar protection, then you have a real business winner. Preferably, it should also be one that people can't get anywhere else. This will berepparttar 102349 type of product that will generate repeat business and create a steady flow of income. People fall in love with products and services that save them time, or deliver a solution to a recurring problems. The product should also well established and represent value for money torepparttar 102350 consumer. Attribute 3 – It must employrepparttar 102351 concept of leverage The concept of leverage in business simply means to employ methods and procedures that will give yourepparttar 102352 ability to accomplish more than one person could normally accommodate on their own. Let’s talk for a moment about what kind of business you might want to own. Do you want to own one where you have to work as hard as an employee or do you want one that allows you to work smart. The only way to get rich or to make a good living without working yourself torepparttar 102353 bone is to figure out how to get into a business with leverage. Leverage allowsrepparttar 102354 entrepreneur to build a strong business part time around a busy lifestyle withrepparttar 102355 real possibility to retire wealthy in a few short years. You need leverage and can’t afford to be without it – because leverage is absolutely critical for a successful home based business start up and for long lasting lifestyle advantages. Let’s face it – you are already using all 24 hours of each day doing something aren’t you? Now to start a business you have got to add more to your plate. Attribute 4 - The Product/Service must have an automated delivery Capability

7 steps for building a successful downline team

Written by Tricia A. Gibson


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**** 7 Tips for Building a Successful Downline By Tricia A. Gibson ****************************************************

****

Have you ever joined a program that seems to be working for everyone else but you?

Is your drop-out rate just as fast as your sign-up rate?

Do you wonder why is it that you are not doing as

well asrepparttar others? Well Your problem stems from one of

two things or a combination of both.

1. You do not haverepparttar 102340 backbone support of your upline. 2. You do not provide a backbone support for YOUR downline.

Affiliate Marketing is not about who can getrepparttar 102341

most persons in their downline - it is who can getrepparttar 102342

most productive, goal-oriented persons in their downline.

Having been throughrepparttar 102343 rigours of starting an internet home business myself, I came to realise

that I was not being properly motivated. I had to do my own research and experiments to get to where I am today.

Yes, I did get messages from my upline, but those

wererepparttar 102344 generic messages set byrepparttar 102345 system. These

people had no creativity. Do you really think they were interested in making money??

I certainly don't. But I am also guilty of this. That's what I did when I started my first couple programs. Needless to say, I failed! That's why I am qualified today to tell you what

will work when you are starting a home business in which

a downline is required.

Here are some tips to help you keep and expand your downline.

1. Send a personal welcome to each of your downline members. Let them know where to find training tools and make yourself available to help them get started onrepparttar 102346 right path.

2. Make sure each individual understandsrepparttar 102347

program that they've signed up for. You can't effectively sell what you don't know about. Explain what they are uncertain about.

3. Remember that you are dealing with humans - you each haverepparttar 102348 same goals - to make money. Show themrepparttar 102349 benefits of being a part of your team. Give

them your contact email address - let them know their sponsor is a real person - like them.

Cont'd on page 2 ==>
 
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