ONE SECRET INGREDIENT TO A SUCCESSFUL HOME BASED BUSINESS !

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By droberts195


Robert Kiyosaki explians why he loves Home Based Businesses


You have failed before with home based businesses before how do you find the right one?

There are literally hundreds of home based businesses out there to grab your money, making you believe that you can trade your 9-5 job and for a 2 hour work day! It If you are like many, you may join and find three months later you haven't made a dime while other guys are making money! Then you wonder how are these other guys making money and you aren't? Its simple they have done their research! This is what this article is about so that you can find a monstrous home based business that brings you monster pad days with the following strategy.

Call at least 3-5 different sponsors with the same home based business opportunity!

The key to using this strategy is to call personally the sponsor who you might be giving your money to join the home based business. I recommend you call the sponsor, not the sales assistant. The main reason to call the sponsor so that you can get a feel of who you may be dealing with. A lot of sponsors out there will just take your money and leave you expecting you to be a "know it all" at everything. That is not fair to you and your hard earn money.

Now here is what you do when calling the sponsors

  1. Don't join right away! Never join right away, a lot of the sponsors out there are extremely aggressive and want your money right away. You need to do the research. Refuse to join, write a note in front of the phone refusing to join. Instead talk to them about the opportunity, expect them to explain it to its fullest on how you earn money instead. Now narrow your list of sponsors who really explained the business best. You want to be with someone who knows the business inside out.
  2. What Support They Offer A major question to ask your sponsors is the support they offer. Specifically marketing support. You have a business and you have to market it. In today's world you have to market it on the internet. I would personally ask if the offer conference calls for its members, or webinars, or other training materials they offer their down line, once joining under them. The majority of people don't even have a clue on how to market, and this is the key to success.
  3. What Marketing Support they Offer Another crucial factor you should investigate is if they tell you how to market with using free methods of advertising. When you are first joining and spending one thousand plus, you need to keep your costs down and marketing is the hugest cost, both time and money. I was personally and fortunate to find a sponsor who offered free traffic videos on using web 2.0(facebook, youtube, ,myspace) to make money. They key is I did my investigation by talking to a list of sponsors with the same home based business.
  4. Find out about the other hidden costs. Majority of home based businesses have extra costs that your sponsor never told you about. I guarantee that there will be a cost of a lead capture page, domain name, an auto responder( to catch names and e-mail addresses) and a monthly hosting fee to host your website. Your sponsor should know about these costs. If they don't mention at least two of these, don't deal with them.

Now once you are finally done calling your list of sponsors for that home based business, sleep on it, and call back the one that you like the most.

OTHER MAJOR THINGS TO WATCH OUT FOR

  • Watch out for the aggressive ones, who want your money right away. The ones that want you to act extremely fast and give them $1000. Just hang up the phone when you here that kind of voice. The key is to find one that doesn't interrupt you, and listens to your questions.
  • Some sponsors offer discounts on home businesses so you don't have to pay the full amount yet, in fact some offer a payment plan. No guarantee unfortunately. If someone is offering you that, that is someone you want to work with. Why? They want to personally help you and help you bring in sales because they make money when you bring is people to the home based business. Also they can understand your situation, because most likely they used to be in the same boat too. But this is extremely rare.
  • Also find out if they are a part of several home based businesses. You want to keep an eye on this sponsors mainly is if they are part of several home based businesses means they have no time for you, all they want is your money. They won't have the time to support their other members with those businesses.

This concludes this article. I hope you got some value out of this. There are a lot of home based businesses out there that can crate massive paydays out there, but the key is it depends who you join under. I am turning 20 this year, and a home based business changed my life, I was able to meet some fantastic people and it was an awesome experience, of course I had failure with many others, but the main reason I failed was I didn't do my research in contacting at least 5 sponsors with the same business opportunity.

All the best to you!

Derek Roberts


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