Starting a Home Based Business? Read this first.

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By MLM Success Wave



So you want to start your own home based business.

Whether you are a mom that wants to stay home to raise your kids, or a Dad that wants to spend more time with your family, owning your own home based business offers many benefits:

  •  Be your own Boss
  •  Unlimited income opportunities, profits are better then wages.
  •  Make your own hours
  •  Free time to spend time with your family
  •  Control your own destiny
  •  Tax advantages of owning a business
  •  You are the decision maker
  •  You have complete control of the business.

But far too many people decide to start a business without any preparation. They make a significant investment of time and money, only to encounter drawbacks that they weren’t ready for. Some of the Drawbacks are: 

  •    Requires a full time commitment.
  •    It is highly competitive and cutthroat.
  •    Requires a working capital for Telephone, Inventory, Advertising, and your salary until you business starts to consistently yield a profit.
  •    Traditional businesses have a high failure rate (80% within the first five years) mostly due to undercapitalization.
  •     If you are one of the 80% that fail you are going to be heavily indebted, your savings are going to be exhausted, plus you are going to have to attempt to re-enter the job market after a prolonged absence.

You don’t have to be one of the 80%, there is a way that you can test your aptitude in business without you having to make a huge capital investment, going back to school, or giving up your principal source of income, and at the same time prepare yourself with the skills necessary to be successful in the business world.

 You can test yourself with an Internet business. You can do it with very little investment if any. You can approach it like a “in the job training”, and as you learn the ropes, you will begin to built a customer base that you can continue to build upon if this is what you like to do.   


Take Advantage of the Changes on the Internet

Over the past couple years there has been a movement within the Network Marketing community looking to improve their marketing efforts on the Internet. Out of that movement courses, books and tutorials all about marketing on the Internet have been created. Some are very, very good.

You don’t have to be a Network Marketer to take advantage of the systems and techniques that are now available on the Internet. You can use their techniques to build any type of business; I have used them to build my health care practice.

Because Network Marketers are always interested in duplication they have created courses and systems that are easy to follow, and yet are very inexpensive. And their focus is in creating a positive cash flow as soon as possible.

There are two authors that have been very successful at putting together courses and systems that can get you started with, and help you learn how to combine Internet, Affiliate, and Network Marketing to begin profiting online.

These two writers are Ann Sieg author of “The Renegade Network Marketer” and Mike Dillard author of “Magnetic Sponsoring”, “Building On A Budget”, and “Black Belt Recruiting”.

If you are not computer or Internet savvy, you can check the Renegade University, a site put together by Mike Klingler, where he offers Internet training video tutorial for Internet Marketers.

You can benefit from learning how to market on the Internet regardless of what type of business you are thinking of starting. The techniques and strategies that you learn far out weight the minimal cost of the courses and tutorials.

For $300.00 or less you can get books from both Ann Sieg and Mike Dillard, and take 60 to 90 days worth of tutorials from theRenegade University.

If you have what it takes to build a business on the Internet, by the end of this 60 to 90 day you are going to have:

  • Started to create a presence on the Internet.
  • You will have made back your initial investment on the training materials and more.
  • Started to develop a Customer list.
  • Will have acquired a new set of skills that increases your value as a businessperson.
  • You will have set up accounts with different companies to represent them as an affiliate.
  • You will have a your own blog page, capture pages and auto-responder
  • You will have found out if you have what it takes to run a business without risking a lot of capital

But most important you are going to have all the tools you need to run your business in the Internet available to you, and you get to do a test drive without it costing you an arm and a leg.

The benefits of owning a business are very appealing, but the fear of failure and the unknown immobilize far too many people that would otherwise benefit from starting a home based business.

Take this approach and over the next 60 or 90 day you could be that mom that stays home with her kids, or the dad that doesn’t have to work overtime and spend more time with the family.

Owning your own home-based business is rewarding and fun, but you won’t find out unless you give it a try. Give it a try, you have little to lose and a lot to gain.

Roberto G Guerrero is a practitioner of Traditional Chinese Medicine, and he splits his time between his professional practice, building a Network Marketing Organization, and helping people start their own home based business on the internet.

Contact Roberto for a 20 minute free consultation at: coach@robertoguerrero.info

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Comments

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Eric L Walker profile image

Eric L Walker  says:
10 months ago

Roberto.

What I like about this hub most - 3 things:

1. You tell it how it is. No sugar-coating. When you talk about far too many people deciding to start a business without any preparation, and then list the possible drawbacks, you're helping a lot of people out. It just doesn't come easy or fast.

2. You provide an ideal starting point, and provide resources for people to get started. No hype there, just real courses that will get anybody off to a good start with good information without losing their shirt or making a huge investment.

3. This hub is well laid out. I like the side bar that lists key resources. You're going to have to tell me how you did that.

The more and more I see your content, the more I'm drawn to read it word for word all the way through. You have a lot of talent. I'd like to learn more about your Traditional Chinese Medicine practice.

I recommend people reading this blog to check out Roberto's blog. Good stuff.

Eric Walker

cindyschulson profile image

cindyschulson  says:
10 months ago

Roberto, great hub. You raise a great point. All these training systems and ebooks appear to be geared to network marketers, but they are well suited to anyone looking to market online. In terms of testing things out for 60-90 days, let me add another program that is focused on getting results within 90 days - The 90 Day Marketer. I just wrote a hub on it if you'd like to check it out. Wishing you well,

Cindy

MLM Success Wave profile image

MLM Success Wave  says:
10 months ago

Eric,

Thank you for your nice comment.

I mean it when I say people jump in without preparation, I know, I was one of them 20 years ago, and the consequences were disastrous. I hope the information here can help at least one person.

I know when I was just starting, I wish there had someone to at least give me a little bit of advice, it would have save me and my young family a lot of heartaches.

Again Thanks for your Comment,

Roberto

MLM Success Wave profile image

MLM Success Wave  says:
10 months ago

Cindy,

I was just introduced to the 90 Day Marketer yesterday by a good friend of mine, and I like what I see very much.

I think that anyone intersted on invetigating more about the 90 Day Marketer will do well to visit your hub: http://hubpages.com/hub/The-90-Day-Marketer-by-McK

Renegade Coach profile image

Renegade Coach  says:
10 months ago

Excellent hub Roberto! You are so right on when you say you need not be in network marketing to take advantage of the opportunity on the internet. What Ann Sieg and Mike Dillard are offering is marketing education which is what has been completely missing in the network marketing industry. I know there are many people not in network marketing using this great advice.

To Your $uccess!

Irene Kirkman

MLM Success Wave profile image

MLM Success Wave  says:
10 months ago

Irene,

Thanks for your nice comment, I truly believe that education is the key to success.

Roberto

kbeaman profile image

kbeaman  says:
10 months ago

Roberto, I like how clearly you wrote your hub what someone will accomplish after 60-90 days. This is a great Hub. Thank you for writing this. Kathy

MLM Success Wave profile image

MLM Success Wave  says:
10 months ago

Thank you Kathy.

Roberto

MarcNorris profile image

MarcNorris  says:
10 months ago

I think that a big problem with people starting into a home based business is that they have unrealistic expectation in terms of the time commitment and revenue that they will have by working at home.

I like the fact you are not saying that "work at home and you can make tons of money on the first day" - thanks for keeping it realistic.

nancydodds1 profile image

nancydodds1  says:
10 months ago

Great hub!

Chris V G profile image

Chris V G  says:
10 months ago

This information came at an opportune time since I was searching for ways of utilising the internet "wisely" to earn money. Everyone seems to offer to much rewards for little input so I became suspicious. You information has helped.

Thanks

MLM Success Wave profile image

MLM Success Wave  says:
10 months ago

Chris,I am glad the information has helped. In my experience the vastness of the information on the Internet leads more toward confusion rather than action.

Roberto

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