Frequently Asked Questions When Searching For a Online Business
1Q) How do I make an Honest Income Online?
Take for example vitamins. First you have to convince your target market (EVERYONE) that they need to be taking vitamins. Who are you to be doing that? Then you have to convince them that YOUR brand of vitamins is the best. Sounds like the work of a dietitian or a nutritionist.
If you want to make an honest income online first you have to discover what your desire is within. Trust me, I've been down "vitamin road" and it's not the way to go unless you have a true passion for nutrition and are ready to go head to head with giant corporations. (Wal-Mart, GNC, Centrum and countless others.)
To make an honest income online you first have to work on yourself. Decide to be of high caliber. Always be working on your knowledge base and skill sets.
The bottom line is... become someone of value to the masses. Choose a product that exists or create one yourself. We'll teach you how to market it to the MASSES online.
2Q) How do I know if a residual income opportunity is legitimate?
2A) When you are researching a residual income opportunity you can look for many signs to ensure it's legitimate. One big red flag is contests for free trips, cars or money. These kinds of marketing tactics are usually employed by people who want to sell your information for profit and they don't create good prospects.
Another sign of illegitimacy is when an opportunity is advertised with the key benefit of joining being "We do everything for you with our system. All you have to do is inject money and watch the checks role in". Pretty easy to spot, if you are careful and realistic.
One of the best ways to determine if an opportunity is good or not is to take notes on the processes used to acquire you as a lead, and bring you towards the sign up process. If you don't like the way your information was acquired, the way you are being approached and marketed to and the overall message... you won't like the opportunity. Why? Simple. You would be using the very same tactics to prospect if YOU joined this type of business.
3Q) What are some tips for finding real home based business opportunities for women?
3A) If you are like most women you are wondering right now "How do home based business opportunities for women differ from others?". Well they don't really, unless you are talking about a very specific market targeted towards women. Ask yourself: "Would I want to cut my potential reach in half right out of the gate?" I really don't think you should! Can you see any benefit at all to doing that?
Bottom line, gender specific businesses are very limited. I would advise you to find something you are passionate about and gear your home business due diligence on that.
4Q) What are the top ways to make money on the internet?
4A) Great question. What are the top ways to make money on the internet? Ask yourself: "Is it the internet that makes internet marketers amazing money, or is it their product offering and personal integrity?" It's all three. The internet is the vehicle, the product is the benefit and the value (most importantly) is the end result.
You can market vitamins, juices, travel vouchers, cash gifting, affiliate products and opportunities, real estate deals and the list goes on. If you don't present your audience with something different, well, I'm sorry to say you'll be in the 97% who don't ever make enough to money to cover their expenses.
You HAVE to be valuable or it won't matter WHAT you are marketing, you'll get trampled.
The top ways to make money on the internet involve providing free content like the video you are watching right now and being reliable and trustworthy. You'll find that once you have a loyal group of subscribers to your list and frequenting your websites and blogs they'll be come to you for advice. That's key.
5Q) How can I earn income anywhere?
5A) I am often asked: "How can I earn income anywhere?". You can do so by aligning yourself to a business that markets online AND teaches you while supporting you. I live in a metropolitan area of just under 1 million people. Less than 5% of my marketing is done in person. Don't get me wrong face to face and word of mouth networking is an incredible way to drive business and maintain a customer base and team. However, if you want a TRULY portable business that will bring you time freedom unlike anything you've ever imagined, you need to be portable.
Thank goodness for the internet!
Now, decide for yourself. What are you willing to do to make your goals a reality? There are no quick in roads to your goals. It takes pain and commitment. With the right opportunity, products and team you can achieve reliable and consistent growth and finally shatter the chains of employment.
6Q) Want to know how to complete home business due diligence?
6A) There is a HUGE abundance of home business advertising on the internet. How are you doing your home business due diligence? To some the advice I am about to give may be very obvious, to others it could very well have gone right over your head.
Most of us ask our friends and family what they think when trying to make a decision. It could be about dinner tonight or who to marry. Would you take advice from people who have the exact opposite of what you want in life? If you wanted to know a good burger place would you ask a vegetarian? How about asking a Catholic Priest for dating advice? Come on! So why do so many people who want to be financially free ask and TAKE the advice... of POOR people?
Here is my point. When you Google an opportunity you will ALWAYS get results both negative and positive. "SCAM ALERT!" "FRAUD!" "MONEY WASTER!" "DON'T WASTE YOUR TIME! Etc..." and "Make 1000 dollars instantly" "FIRE YOUR BOSS TOMORROW" etc.
The Internet is not censored. This is why there is so much nonsense on here. Just remember, most people who write hateful things about businesses are doing so because they were convinced to join a business. They joined. Didn't make a penny because they didn't DO anything. They quit. Now they spend 100 times more effort distracting others than they ever did marketing their business. Oh, these are likely to be people in the same category as those telling you to stop dreaming and just get a job.
It's just the way it is. Human nature. The minority flourish by sacrificing what the majority refuse to... their comforts zones.
Be different. Call the head office, get on some conference calls and ask for access to the training a home business offers. Show some interest and drive. Seek advice from those living the way you aspire to live. They obviously know how to get what YOU want. They are your best assets.
7Q) Is it really possible to get rich quick with residual income opportunities?
7A) NO! I'm being serious. The word "residual" is intended to imply long term passive income. Payment today, tomorrow and beyond for work you did once. If you could have 100 dollars once or 1 dollar a day for the rest of your life by completing the same amount of work which would you choose?
There is a fine balance between falling for a "get rich quick" scheme or scam and choosing a business opportunity with great upfront commissions for "now" money and high back end commissions for residual passive income.
8Q) Are there any good free online business opportunities?
8A) You know what I am going to say don't you? You get what you pay for? Ok, in fairness it's not ALWAYS true that free is of no tangible value... this video series is free. You can't build an entire business on this video series though.
There is an unlimited amount of free in the world of online business. I can tell you with certainty that you will not be extremely wealthy in a business model that requires absolutely nothing of it's membership. I can tell you also that the products attached to free business opportunities are almost never something unique or highly sought after.
Do some research on your own. You'll see the caliber of support, leadership, drive and determination is nowhere near what it would be if there was something of value on the table. If you ever find yourself considering a free online business ask yourself "Would I be able to make any money working with consultants who have put nothing of themselves into this business?"
There isn't a single successful business or business person out there who invested nothing into their financial empire. It just doesn't happen that way.
9Q) Do you REALLY want a home based internet JOB?
9A) You may have looked at work at home based internet job type positions before. If so, you know about the following:
- stuffing envelopes
- making jewelery
- mailing coupons
- filling surveys
- putting STAMPS on envelopes
- etc...
I looked at all of these. I was looking for something for my mother to do. At the time, she was a stay at home mom, my dad was working 2 jobs and I was working from home and struggling to make ends meet. We found that after replying to the ads for home based internet jobs we just got, you guessed it, more advertising in the mail. We actually PAID to be advertised to.. unreal. Wait... that's kind of like paying for TV.
Anyway, it's so frustrating to me and even infuriating to think that there are so many eager and willing people out there who want to do some good in exchange for financial freedom yet others are wiling to waste their time and money trying to scam and coerce people into a rotten deal.
OK, I'm biased against employment. I can't say otherwise or I'd be lying. Employment is a way to get by. There is nothing wrong with it. There is good and bad with every income stream but listen closely. If you want to have money working for you, retire young, have time freedom and stop trading your life for hours on a paycheck then I need to tell you being in business for yourself is the way to do it.
10Q) What is an affiliate marketing opportunity?
10A) An affiliate marketing opportunity can be a main business for you to be involved in. You can market products directing prospects to a pre-made marketing website supplied to you by a company with existing products and sales systems in place. Every time a sale is made as a result of the traffic you generated you earn a portion of the sale.
Truthfully, I love affiliate marketing systems. I use more than one. It's a great way to provide value to people on your email marketing list who are in other businesses. It also lowers your cost of advertising overall.
This is one of many ways to have multiple income streams rather than depending on one small percentage cut from your primary business of choice.
Questions you should ask when looking for a online business
1Q) Where can I find an online marketing course that teaches me to generate my own leads?
1A) This is key when making an income online. You should really be training daily to either learn new techniques or support the ones you've got already. Sign up for a online marketing course that is membership based. Make sure you do your due diligence here though because again there is a lot of fluff out there on the internet.
You want to make sure the course you select has been backed by a company or individual with proven results and a large following. A good course will include dynamic updates, a usable marketing system you can use to market anything you want and will run you between $100 and $200 per month. Compare that to a marketing course at your local community college. These take 2 to 3 years and it's all theory. With a online marketing course you are learning and earning in real time. Not paying for a 40 hour study week of theory which will be 90% obsolete by the time you graduate.
2Q) How do I find business opportunity seekers?
2A) A very important question I get asked all the time is "How am I supposed to find business opportunity seekers?". The worst thing you could do with your time is go after opportunity seekers and try to recruit them. You want to be the one being chased down for your knowledge and expertise right? Otherwise you are banging your head against the wall (or the phone) trying to grow your business. Instead, you should work on being more magnetic in your approach.
There are many ways to do this, I won't get into all of it here, but if you are willing we can teach you how it's done.
One tip is to provide free content of value to the world. Some training or advice with no strings attached. This puts you in a power position and sets you up as a leader.
We all know what it's like to have someone coming at us with the latest business opportunity they have found. I always felt embarrassed when I was approaching family and friends about my marketing opportunity. I was not only trying to convince them that what I had was the best thing out there but I was convincing myself of this as well... and they knew it! I couldn't see that at the time though.
Bottom line... I was on the right road with the wrong vehicle. I was ambitious but not tenacious. I was excited but was competing with Wal-Mart and all grocery stores. What was I thinking? Who was going to buy vitamins from me?
So what is really important to take away here is this: Become a leader. Provide knowledge that is useful to a broad audience. Earn some respect. You'll find that people will start coming to YOU and asking: "How do I find business opportunity seekers"?
3Q) Is there anything wrong with a small start up cost?
3A) Well that depends what you are getting for your small start up cost. In my experience there are 2 ways to buy into a company. The traditional method is buying a large amount of product and keep it in stock so that you always have product on hand to give or sell to potential or new prospects and customers. The other method is a buy in cost for the purpose of providing you with enough product or service for yourself to experience along with the tools you need to get started.
Obviously, small start up cost investments that simply provide a lot of product is not what a new Online Marketer needs. First of all, all legitimate and successful business opportunities will provide drop shipping to your customer. (Provided the items you are promoting are of a value of less than about 1000 dollars USD). Front end loading a new prospect only serves to frustrate them as they try to break even.
The short answer is, no there is nothing wrong with a small start up cost. However, focus your attention on what you are getting for that start up cost. After all, sitting on top of boxes of products isn't going to help you move them is it?
Personally, I would never even look past the first page of a business that offers a free to join opportunity. I would look for a real tangible business with great wealthy entrepreneurs and business people backing it up.
4Q) When choosing a specific online money generation system, who is my competition?
4A) This is a very important question. In fact, if you ask yourself this question first when looking at a specific business opportunity you are doing yourself a huge favor.
If you look at a business and see that their product line or service is something readily available on the market like health and wellness products or travel then you already know you have some huge competition out there with even huger marketing budgets than you'll ever have. Not to mention brand recognition.
When choosing your online money generation system think long and hard about who you will be competing with. You can be sure your prospects will be mentioning them to you frequently. What do you think that will do to your bottom line and most importantly your mindset moving forward? It's going to crush you.
If you haven't found a unique product or service that more than 80% of the population not only needs but KNOWS they need, then keep looking. This can be the difference between you starting an expensive short term hobby instead of a profitable long term cash haven.
5Q) What home business products should I consider marketing?
5A) When considering what home business products to become involved with you need to ask yourself some key questions: Who can I market this to? Do I believe in this product? Did I have to be convinced that I needed this product?
You see, if you end up in a business model that has you working hard to convince people to change their mindsets to something knew in order to sell your product or business, you have a long road ahead of you and the end of the trip is rather painful. I've been down this road. I've sold vacuums, vitamins, legal insurance and golf equipment. All of these things are available through major institutions around the world. Sure, I made some money but it wasn't anything near what I needed to be independently wealthy.
It's very crucial that you offer a product the fills an existing need. If you are trying to cater to a market that doesn't know it exists in the first place... you better have A LOT of leverage.
I suggest focusing your attention during your search for home business products in an area of need. Finances, marketing education, debt relief, investment knowledge etc. We all need more money. We all need to know what to do with our money in order to protect it.
6Q) Are there proven online business systems that I can use in my chosen new online opportunity?
6A) This is a very good question. It's extremely important that you have a plan in place before you make a long term decision on a business. Never ever say "I'll try this business and see what happens". I can tell you now that in an industry with a 97% failure rate you better not come in with a "let's give it a shot" attitude. You'll fail.
Please understand the nature of the 97% failure rate I speak of. The majority of people who get involved in a home business buy in, do little to nothing beyond simply mentioning to a few friends and family that they are part of this new great business and product. I've been there and I've made these attempts.
As one of my favorite mentors Mike Dillard says "The sad truth is that 90% of those who start a networking business aren't really serious about becoming self-employed. They are just looking to "buy some hope", so they can quiet the voices of discontent in their heads. Soon enough, they'll find an excuse as to why "it didn't work for them", and quit. And there's NOTHING you can do about it - So don't spend your time and energy worrying about it."
All of this is to say that if you want to make it at any endeavor you have to treat it like a million dollar investment. Not because you've invested 1 million dollars but because that's what you stand to lose if you don't act with a strong sense of purpose.
7Q) How many different income streams are available for me to make income online with this opportunity?
7A) I see it all the time. Income opportunities with one line of income. It's the traditional and rarely successful way to make income online. When you spend countless hours and dollars on generating web traffic to your sales pages but only provide one product or service for your visitor to purchase you are settling for very low lead to customer conversions.
You have to understand leverage. If you have any amount of traffic visiting your website you should have at least 3 but more like 10 streams of income to profit from. I'm not suggesting you have a home page littered with advertisements. That will actually harm you. I'm suggesting you have a primary marketing purpose but also offer several universal non competitive products and services that you can benefit from financially that will help others should they choose to do business with someone else.
When you are setup with many income streams you can begin to profit even from those who are not interested in your primary business.
Contact me for more free information on this topic. I would love to help. I won't charge you either. This is my passion and I love helping others escape the clutch of employment and financial slavery.
8Q) How do I manage my time when working with an online home based biz?
8A) When you are researching an online home based biz opportunity keep an eye out for hints how each opportunity you consider would have you spending your time. Some businesses will teach you to do in home presentations, parties, hotel seminars or even worse TASTE TESTS. Man, I have had it up to here with these old business models. All of these techniques have you spending weeks preparing and hours presenting to a limited size of audience. Not to mention most of these people will have been convinced to come see you in the first place.
Look for a online home based biz that will implore you to develop skills in the laws of attraction. Look for individuals in business who will show you how to have people coming to you for advice and connections. This is the best way to spend your time.
Spending your time the old way by going out and looking for business opportunity seekers will only have you trying to convince the majority of your new members not to leave. You want to develop systems with the aid of leaders in order to attract quality people who want to learn and grow in business and personally as well.
9Q) There are so many similar business opportunity pages out there. How can I be a unique online business opportunity?
9A) Asking this question is the first step of the process. Rather than saying "I'll never make it with any online business because there are too many others doing the same thing" you should be asking "How can I be different?". Once you cross this bridge you realize that it's not your business opportunity or your products that will stand out in the sea of options... it's you. You have to first become the business professional you want to attract. It's called the law of attraction and it works.
If you are depressed, negative, doubtful, scared, unambitious and worse how can you expect to attract anyone to do business with you or follow your leadership?
Create an online presence and be yourself. Share advice, passions, pet peeves, personal victories in spite of set backs and anything else that comes to mind. Provide value to those you market to using lists, videos, articles and blogs. This is how you become a unique online business opportunity. By slowly dripping information on your prospects and letting them learn to love you.
Once you establish trust truthfully you will have people wanting to come and join YOU not just your business.
10Q) What are the obstacles a young online entrepreneur faces?
10A) As a young person in business there are a lot of obstacles facing you. You may be surprised to find that these road blocks are not very often in the industry of online business. Nor are they in the companies you choose to embark in business with. The obstacles are found in your circle of influence.
I remember sitting in the Guidance Counselor's office in High School listening to her go on about some bull#$@^ survey the school board had decided to force upon the 750 students at my school. I got reprimanded for not being willing to participate in the survey because I felt like the whole process was belittling. I explained that I was more than capable of finding my own way and didn't fit into some bureaucratic mold.
I'm not very popular with parents of teenagers because I despise High School for the most part. It's an outdated way to prepare our nations youth for the real world. Teaching our kids to dissect frogs and find the missing value in an equation is a great exercise in memory, biology and problem solving. It doesn't prepare them for the future.
Young Online Entrepreneurs face detrimental idle talk. "Go to college" "Get a job" and so on. You have it in you, the systems are in place, you don't have to settle and you certainly don't have to commit your life to slave labor and living through hell every week just to see the weekend... if your boss let's you have one.
Find something you are passionate about and run with it. The options are limitless. If you are looking for options come talk to me. I'm more than happy to help.
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