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Building a Business in a Recession

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By myhomebusiness



Business Building in a Recession

Believe it or not, some of the greatest fortunes of all times have been made during recessions.

Building an online network marketing/MLM empire during a recession can and will be done by many this year alone and you can too.

What can an network marketing business offer you?

  • Minimum investment
  • No inventory in most cases
  • Build at your own pace
  • residual income through affiliate marketing
  • training and support
  • you need to build only once

What does it take to build a business in a recession or time of economic downturn? It takes ingenuity and perserverance.

It takes the ability to adapt and change with the markets. And it takes a solid business foundation that will carry you through many days and years ahead regardless of the economy.

The financial bases of our economy is about to collaspe. These structures, in the past century, were built upon Greed, lies, and deception.

Any other business would not have survived as long because as ordinary people, our businesses have to have a strong foundation, truth, and value.



Home Based Businesses

As stated above Home based businesses are a great hedge against a failing economy and a wise choice for the future.

According to Small Business Administration, home based businesses account for more than half of all businesses in the U.S.

They range from part-time to full-time. Telemarketers actually make up the bulk of home based businesses and then home office workers, that work after hours for their jobs.

If you are looking to start a home based business of your own keep in mind a few basic guidlines:

  • You must be a self-starter
  • Discipline yourself
  • A Positive Attitude
  • Willingness to learn
  • Patience
  • Time

Without these factors you may find yourself struggling and failing and that certainly is not the goal.

Then you may be thinking "where do I begin?" This is the greatest question of all.

During my time in network marketing I have come in contact with a few and I have found several that would allow me to grow my business and not someone elses.

Let's take a look:


7 Great Lies of Network Marketing

The 7 Great Lies of Network Marketing is a wonderful e-book written by Ann Sieg that spells out the lies that you have or are about to hear when coming into network marketing.

Beware of these lies. You will see them everywhere and they are just what you want to hear. But they don't produce success.

Remember the economy.....built on Greed, lies and deception.

These 7 Great Lies are:

  • Everyone is your prospect!
  • This really isn't sales. We just share products with people!
  • Anyone can do this!
  • We'll build your business for you!
  • We have the best product ever!
  • You just don't have enough belief!
  • The proven system!
  • and this is one of mine.....The product sells itself!

Well as you can imagine not everyone wants their own business.

Business is always selling something mainly yourself.

Anyone can do this and the reason this is listed as a lie is that 97% of all that start their own network marketing business fails. Failure due to a lack of a true interest to succeed, dedication, and desire.

Remember this is work.....No one builds this for you.

Don't believe for a moment that just because you have a great product that it is going to sell itself. You must sell yourself first, then the product. And it is You that must believe in the product first in order to sell it.

And if the proven system is about buying leads, cold calling and chasing prospects , you want nothing to do with that.


The Renegade Network Marketer

The Renegade Network Marketer also written by Ann Sieg broke all the rules in letting the secrets out of the bag.

You may have heard that the reason for failure is because your "WHY" was not big enough. Well I can say for myself that I had enough "why... I just needed to know HOW."

Ann teaches how the days of buying leads and cold calling are over. These are the ways of the Old MLM businesses. The ones that have given the industry a bad name.

She teaches techniques that brings prospect to you, people that are truly interested in you first and your product second.

The lesson being taught here applies to any business that you choose to bring online. This is because Ann teaches how to open your business online so that your prospects come in and look around and then decide to buy. Much like a brick and mortar business.

Also in this e-book you find how to begin to earn income as you develope your business through affiliate marketing. Ann has taken great steps to help you become an affilite with many different companies.

This way when someone does come into your store you have something to sell right away.


Renegade University

The Renegade University was then developed by Mike Klingler. Mike, along with many who have read and loved Ann's Renegade Network Marketer, still needed more of the HOW.

Mike's team was mainly made up of "not so computer literate people" like me. So what Mike has done is taken the book that started it all, The Renegade Network Marketer, and developed a course that is step by step, click by click on HOW to create any business online.

Here are some of the things that you will learn:

  • blogging
  • writing content
  • social marketing
  • attraction marketing
  • ezine articles
  • hubpages
  • squidoo pages
  • SEO .. search engine optimization
  • e-mail campaigns
  • vides through YouTube
  • and much much more.

Mike allows you to look over his shoulder and learn and develop your business based on the teachings of Ann Sieg.

Powerful


Renegade Breakthrough Mentoring Program

Ever stopped to think what the next level of training could possibly be. Through the Renegade Systems you are given an amazing amount of instruction. Instruction that literally could keep you going for sometime to come.

Yet recently Ann Sieg and Mike Klingler have joined together forming a joint venture and are teaching others how to form their own joint ventures as well. The Renegade Breakthrough Mentoring Program became that brainstorm and this is what they are offering.

It is said that Joint Ventures are going to be the new wave in the MLM industry and it truly makes sense, especially when building a business in a recession is essential to your future livelihood.

The RBMP is set up so that members will be able to form partnerships to fulfill their goals in writing e-books, setting up forums etc. This program is set up for newbie's as well as experts but one must be self-motivated and self-reliant. I allows, in a sense, fresh eyes to peer upon your business and take it to a new level with help of a partner.

Ann and Mike are not teaching this course the same as you would find in the Renegade University/Professional. This course gives you the path to follow and spring board to bounce ideas off, yet you will not be told what to do therefore, the "collaborating among partners" becomes essential and the light comes on.

There are 8 different learning formats in this course, that will satisfy everyone and their particular learning ways. They are:

  1. Powerpoint presentations
  2. PDF transcripts which are downloadable
  3. Flow charts and diagrams to drive home an idea
  4. MP3 files
  5. Webinars
  6. A Progress tracker
  7. Action guide so that you will be able to stay on track
  8. Interactive student blog with assignment and feedback from Ann and Mike

Truly a classroom setting with the masterminds of MLM and with 12 distinct sessions.

  • Networking, alliance, partnering and JV
  • You and your business model
  • Outsourcing and building a marketing team
  • Market research
  • Creating content and building a sound foundation
  • copywriting, choosing words that sell
  • Leading with value
  • Clsing the sale
  • Upsell profits=longterm profits
  • Marketing to your list
  • Traffic generation
  • Monetization

Just think of Renegade Breakthrough Mentoring Program as taking your business to the next level and beyond.


In Closing

In closing, I just want to share with you that starting out with just these four techniques can launch your business to amazing heights, even through these tough times.

But before you do jump in be honest with yourself about why and how much time you can devote to your business.

This is not a game this is business. With business comes the hard work and devotion. And, everyone in the family must be willing to make some sacrifices as well.

Just because you are at home doesn't mean that you are free to do anything. And if you are working after work, everyone must understand what it is going to take to be successful.

These are just a few little things that I have run into that needed to be addressed before I could continue on my quest.

Sharing Forward

Angela James

P.S. You will never know what lies in the future if you don't take a look.


About the Author

Angela and her husband are retired business people of 24 years. Their trials and successes in the "brick and mortar" business background bring to you years of leadership and customer appreciation knowledge.

If you are ready and looking forward to the future of financial freedom and living as You choose, contact us, we would love to guide you to your success in these changing times.

We look forward to hearing from you.

Sharing forward,

Angela James

  • Ann Sieg's E-Book on Sale

    Beginning this Monday July,20, 2009 Ann Sieg will be placing her e-book The Renegade Network Marketer on sale for half price. Several years ago Ann Sieg wrote two e-books, The 7 Great Lies of... - 6 months ago

  • Video Clips of Ann Sieg and Mike Klingler

    Things just seem to be getting better and better. The orginal video was 50 minutes long and many people had difficulty accessing the videos so Ann and Mike did soom clips of the video that highlight... - 10 months ago

  • Ann Sieg and Mike Klingler together

    It has been a little over a year now that I was in an MLM business that was on the verge of ruining my life, but, I didn't know it.  I thought that what I was doing was the way to go. Then I... - 10 months ago

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Comments

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Becky Joubert profile image

Becky Joubert  says:
15 months ago

Angela,

After reading your Hub, there should be many who understand that what you're ofering is a way out, and a way in. The Internet is the way to go but you still have to learn it and understand it. Internet success is right here.

Thanks, Becky Joubert

HBOBOB profile image

HBOBOB  says:
15 months ago

Well done Hub Angela, and will help others to see that there are options to the mess we find ourselves in today. Any time the market does bad, our industry does that much better!

Bob Andolina

Judy Jackson  says:
15 months ago

Excellent Hub, Angela. It is comforting to know there can be a silver lining to the times we are in. It looks like starting your own home business is it. My MLM company has reported that whenever there have been bad times economically, their business has done well.

Judy Jackson

Barbara Silva  says:
15 months ago

I'm sure recent news events are scaring a lot of people and your hub will give hope and encouragement. Being successful in a home business is more achievable than ever but it does take a person who can hang in there and work through the tough spots. The end result is worth it!

Eric L Walker profile image

Eric L Walker  says:
15 months ago

Angela,

You wrote, "I just want to share with you that starting out with just these three techniques can launch your business to amazing heights, even through these tough times."

Yes, I agree. I can tell by this article that you are a wise and truly helpful internet network marketing coach who tells it like it is, yet truly helps the person even if that means you don't make a quick buck. That core business value will take you and everyone else who thinks that way a long way.

I like the way you fed a lot of birds with one seed in this article, way to bring it all home. Nice writing.

Eric Walker

myhomebusiness profile image

myhomebusiness  says:
15 months ago

Thank you all for your very kind and helpful comments. I truly do believe that this is the place to be but we must be honest in doing so. There are far to many desperate people out there right now and we can only be of help to them and not become to eager ourselves. Success is here in this business and can be achieved by everyone..

Angela

samuilgr8 profile image

samuilgr8  says:
10 months ago

Informative Hub........ very good!!

http://www.go4funding.com/

Angela James  says:
10 months ago

Thank you samuilgr8. I appreciated your comment and for stopping by.

Sharing forward,

Angela

MyTrueIncome profile image

MyTrueIncome  says:
9 months ago

Hi Angela,

Great Hub! I left Corporate America after 30 years. At first my mom freaked. And now she finally appreciates the freedom that I have being an entrepreneur and owning my own business. More so, she acknowledges the gift I have given my son by showing him an alternative to Dilbert cubes. Network marketing really is recession-proof... and wise people, especially Baby Boomers concerned about retirement, are joining us.

Thanks for sharing your insights,

--Kathy Hargis

myhomebusiness profile image

myhomebusiness  says:
9 months ago

Thank you Kathy,

I was never in corporate America, but you said it so nicely, "what a gift you have given your son..YOU" Not many can say that and I wish that I had gotten off the "hamster wheel" sooner. People that have a passion can have a business, especially Baby Boomers. And there is no better time than now.

Angela James

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