|
There are many business opportunities available on
the market as the move from corporate businesses
to self sufficiency gathers pace.
Economists predict a breakdown of working life as we
know it and with fewer corporate opportunities available
many people will either start their own business using
their existing skills, buy a franchise if they have
the money or pay a small fee to join a network marketing
company.
There are also numerous fears regarding pensions as
baby boomers move towards retirement there will be less
people working to support the majority. Pensions will
be smaller and when we consider that the average life
expectancy has increased a long retirement could very
much be a poor one.
The business opportunities discussed here will all
relate to network marketing because it is one of the
best ways to receive a residual income without committing
large sums of money. Please read the section Network
Marketing for further information.
Some people devote their time to just one product and
company whereas others build up a portfolio of different
income streams. In my third year since leaving a large
corporate I now have 7 different income streams (Including
an IT business and Sports Business) of which four are
residual and within network marketing. All are diverse
and allow for the natural peaks and troughs of everyday
trends, none of them are get rich quickly schemes -
such a thing does not exist - but if you are determined
to succeed you will. I speak from experience. I have
provided a brief description of each. If you are interested
then we must talk - no matter where you are in the world
- it is vital that your learning starts from day one
because Network Marketing is all about duplication.
If you turn out to be smarter than me or even more experienced
in certain areas - brilliant - the education will be
both ways. After we have chatted and you have registered
I will provide a turnkey process for you to view and
follow as many - the successful ones - have done before
you.
Network Marketing
This section is dedicated to network marketing mainly
because it offers a low cost means to set up and run
your own business. Start up costs will be less than
a couple of hundred pounds, which compared to a franchise,
is minimal. The company will then provide many resources
to help you get your business started. There will be
a great focus on mentoring and training, whilst all
the normal chores you would expect to do on starting
your own business our done for you. Such as marketing
literature, product order lines, websites, company meetings
and various templates for business cards, stationery
and compliment slips. This then allows you to get on
with the task of building your business.
Which Network Marketing Company?
When considering a network market company - and there
are many out there - it is essential that you ask the
following questions:
- Evaluate the product or service available. You need
to be comfortable with the price and the value for
money it represents.
- Check the Company you choose is all that is says
it is. Search via google or other such search engines
and sign on to MLM or Multilevel marketing discussion
forums. You can post a message asking for feedback
but take care as many rivals will try to undermine
a company.
- Look at what the industry watchdogs are saying -
www.mlmwatchdog.com
- Check the financial history. If you are going to
work to build up a residual income you need to be
sure that they can always pay it.
- Consider the Company's growth phase and take special
care if they are still in the first couple of years
of trading.
- Ensure that the product or service they provide
does not make outlandish claims.
- Check the Company is fully up to date as follows:
- Technically advanced with web hosting, internet
access, free phone order number, email, voice mail
and newsletters
- A Turnkey system so distributors have access to
a range of labour saving systems
- Check the company has a long term growth strategy
- A well balanced compensation plan
|
