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I know what its like when you decide to start your very own
business.
You become blinded by the dollar signs in your
eyes, believe the hype and rush your decisions so you can
begin cashing the checks ‘yesterday’.
Take a step back and heed this advice.
The quickest way for you to build your empire is to do
plenty of research before you make any important decision
regarding your business.
I learned this wisdom from hindsight, because my desire to
get it done YESTERDAY has more than once resulted in me
cutting corners and ending up with a poor or worse outcome.
So listen closely…
Like I mentioned earlier in this series, turn-key businesses
are usually network marketing, otherwise known as M.L.M
(multilevel marketing). You sell a product or service and
you try to get other people to join your team and sell as
well. Usually you will make a lot more money if you devote
your efforts to getting others to join your team.
Some products or services are well suited to this type of
business. Example:
Health and nutrition – supplements, vitamins, products for
slimming down etc
Communications – cell phones, voip (voice over Internet,
expect this to be big as technology improves and more
people switch to high speed connections)
Business – monthly learning tools for learning about and
growing a business
With turn-key businesses, the most important decision you
will make is choosing a business in which you have a real
chance of getting somewhere. There are many around and the
vast majority of them are a complete waste of your time and
money.
Let me give you a very valuable hint right now:
‘No matter what the website or advert says about how easy it
is to make dollars, it will always be much more difficult……
but usually still possible’.
Consider these following points when choosing a turn-key
business:
The Product
Are you proud to represent the product? Trying
to sell, and trying to get others to join you and sell a
product you don’t believe in is a mistake. Your goal should
always to be help others improve their lives, whether as a
consumer of the product or as someone building their
business dreams by joining you as a seller (called
distributor).
Also, is it a product people want and can’t walk into their
local WalMart and purchase of the shelf?
Training
For most people, a turn-key business is there
first venture into working for themselves and so they need
all the training they can get. Training should include:
- how to sell
- how to get people interested
- how to advertise
- where to advertise
- how to communicate with existing and potential team
members
- how to follow up
Training should also include periodic teleseminars or
webinars, where you can join in and learn from experts, ask
questions and if your lucky even listen in as ‘warm’
prospects are called at home.
Selling Tools
As part of your membership, you should
receive tools to help you run your business. Hopefully they
include one website or more, advertising materials, an
automated email follow-up system and perhaps even leads (a
list of people for you to contact about the business).
Existing is not enough, they have to look professional.
A Fair Earnings Structure
MLM type businesses are famous for having complicated
earnings
systems, but at least know what you have to do
to start earning an income. Some M.L.M’s require you to
have a large team of distributors before you see a dime in
earnings – too difficult if your starting out.
Low Start-Up Costs
I’m not saying a high start-up costs
are a bad thing.
But don’t invest more than you can afford.
It will be a steep learning curve and beginning with
something a little less expensive is a good way to get
started. I’m talking $30-$100/month.
A turn key business is how I got started and although I have
expanded my business to include many other sources of
revenue, it was a very good starting point and still earns
me a check every month.
Have a look here to see my #1 recommendation for turn-key
businesses:
http://www.Favorite2ndIncome.com
Until next time, remember persistance pays off - BIG TIME!
Your Friend
Murray G. Hughes
Murray Hughes
007
Work From Home
IMPORTANT TIP:
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Keep Learning,
Murray G. Hughes
Murray Hughes
Go to Home-Based Business
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