What are the essentials of a good home based business? What should you look for when choosing a home based business? How to know which one is a good home based business and which is not. Don't waste money trying things that I've already tried, I'll show you the 7 things to look for in a home based business. Home based business guide on getting started online.
Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
7 Things To Look For In A Home Based Business
1. 7 Things To Look For In
a Home Business
Expert Advice on What You Should
Look For When Choosing A Home
Based Business Online
by Tantawi Sagara
2. An introduction on me and why my
advice will help you
The name is Tantawi Sagara, I’ve been online some time
trying different things, made a lot of mistakes, and I’ve
wasted a lot of money.
It’s good wasting money trying new things, but when you
waste money trying things people already failed on, then
you’re being a complete idiot.
I’ve failed many times, learn from my mistakes so that
you don’t have to fail anymore.
3. Rule Number 1:
A Unique Product
You should never join a business that the product is already
filled with competitors, where the niche is already swiped. For
example vitamins, juices, lotions, these kind of things are
often found in MLM. (Watch my last video on MLM,
http://youtube.com/newagemarketers)
These kind of old school marketing niches are a bad business
or product if you want to get a decent amount of income
online.
What you want is a product that appeals to a lot of people, but
doesn’t have too much competitions yet.
4. Rule Number 2:
A Great Support Team or Network
Unless you’re someone that has failed a lot of times and
become a Guru on internet marketing, you would want a great
support network that you can rely on for solutions.
Some of them are like, a forum, this is the place where you
get personal and specific solutions. A 1-800 number where
you can call and talk directly to the support team. A personal
sponsor or mentor like me. Webinars & live calls that are held
on a daily basis would be great.
If your business has all of that, then you’re in prime condition.
5. Rule Number 3:
A Honest Company Management
What you want is get to know what type of person runs the
company, having a good track of success record and good
reputation would be great.
You don’t want to wake up one day and watch the news that
your CEO has run away with all your money. :-)
The worst scenario that could happen would be you have
generated a huge amount of income with your company but
suddenly the management have taken all the money and
disappear. :-)
6. Rule Number 4:
Good Marketing System
My favorite, you can make a more delicious burger than
McDonald but they will still be more popular, why? They’re
marketing it with their great marketing system.
First thing to find out is, would you want to do it? Now, a lot of
old school MLM system actually tell their members to go and
harass their family and friends to buy from them. Would you
want to do it? Are you thick skin enough to do those kind of
things?
Position yourself as the customer to that kind of marketing
system, how would you respond to it? You would feel
frustrated and “maybe” buy from them out of pity, correct?
---> Continue
7. Rule Number 4:
Good Marketing System (Part II)
Does your company’s marketing system apply leverage?
Don’t believe on those get rich quick scheme, instead, you
should learn how their marketing system work.
Internet Leverage: How many people are your company able
to get in front of? 1.4 billions users are on the Internet, now
imagine that kind of leverage. Every person could saw your
business online!!
Time Leverage: Does your company has a call center that will
help you close sales even while you’re sleeping? A pre-
designed website? A pre-written email follow up? Those kind
of things are a MUST!!!
8. Rule Number 5:
Global Reach - Make Global Sales?
Does your company have global reach? Meaning you could
make sales globally which would make it recession proof.
For example, your market has ran out in the U.S, will you be
able to sell your products in Europe, U.K, Asia?
Vitamins, pills, juices, drinks, are products that are HARD to
be sell globally, why? Every country has its own rules, you
have a lot of hoops to jump through before your products are
approved by the country.
Preferable products are information products, and
downloadable products, it’s much more easier to be sold
online in any country you want. :-)
9. Rule Number 6:
Decent Compensation Plan
A good compensation plan is one that is SIMPLE to
understand, has a big upfront income, and also a great
residual income
If you run into a comp-plan that is so confusing that you can’t
comprehend it, then don’t do it. Chances are nobody will
understand it.
Big upfront income that pays more than $1,000+ per sale. So
you can quickly re-invest into your business for more profits.
Not some $20 or $30 per sale comp-plan.
Great residual income that allows you to retire and don’t have
to work forever but still get paid. Like it? :-)
10. Rule Number 7:
Giving Back To The Society
Last but not least, your company MUST give back to society
in ways like making donations, charitable company.
Every time your company donates, they will build their
reputation. People will like your company and it has built a
credibility online and offline.
When people likes your company, chances are it is going to
be easier for you to market your product, agree?
If you want to receive, first you must give. That is the
universal law. A company that gives back will be better and
better.
11. Summary
7 points to look for in a home business
A unique product
A great support network
A honest company management
A good marketing system
A global reach to sell your products
A decent and simple compensation plan
A charitable company
If the home business you’re looking for has all that criteria then
you’re in top condition. It’s a MISSION IMPOSSIBLE that you
failed making money online with that company.
12. Where and how do
I get this information?
Now the main reasons I were able to present my advice
were of course, I had those kind of experiences. Where
do I get it? The company I work with of course.
If you wanted to know more generally on what home
based business are the best, you need to go right now
to www. MakeGlobalSales.com
Or if you wanted to work with me, not work for me,
you’re not an employee, you’re a partner, I only mentor
you, also go to www. MakeGlobalSales.com
It’s Tantawi Sagara here, have a successful day.