Six Reasons Home Based Businesses Fail

Written by myworldplus on Friday, July 3rd, 2009 in MLM.

Any given day, thousands of people look to get out of the rat race and work from home. In addition, many people want to get a home-based business started so badly that they do not always make wise choices in choosing a work from home opportunity. As a result, many fail miserably. This, of course, does not need to happen. It is possible to pick a viable business opportunity. As discussed in a previous article, there are five top reasons many home-based businesses will never work. Let’s discover six additional reasons why, if people are not careful, their home business could fail.

Reason#1: Most new opportunities have no way to help people make large amounts of money. Many opportunities will give great ideas for making money, but then leave people out in the cold by having them do everything on their own. There simply is not a good support system. Nobody should be a part of a business opportunity such as this.

Reason #2: Unfortunately, some home business opportunity promoters will take people’s money and run. There are too many fly-by-night companies out there that will not hesitate to scam people. The problem is their promotions sound just as good as everybody else’s. To avoid this, home-based business opportunity seekers need to be very skeptical about each business opportunity they are presented, examine them carefully, and then make an informed decision.

Reason #3: Some home-based business opportunities have people work long hours for little pay. People end up getting burned out, tired, frustrated, and eventually quit. Why become part of a work at home opportunity that is like a regular job?

Reason #4: Many business opportunities offer products nobody wants. Never, ever try to market anything people could care less about. Everyone who tries to do this is doomed to fail. Always remember that the market for your products or services comes first, and the product or service must offer something exciting that people want. In addition, it is best that the company that offers the product or service has a proven marketing system that automatically sells to people the exciting product or service.

Reason #5: Many home-based business opportunities force people to become salespeople. Because things are not set up right, people are forced to face rejection constantly. Avoid this type of business since most people hate to sell!

Reason #6: Most work at home opportunities pay small sums of money and no residual income. This is a recipe for disaster! If people sell low-ticket items that don’t sell for very much money, it’s going to be almost impossible for them to obtain financial freedom and to become rich. Never become part of any home-based business opportunity that forces one to sell tons of items just to make a decent profit.

So, there you have it-six additional reasons why many home-based businesses will fail. Carefully look for potential problems with any home-based business opportunity, make sure it does not meet the criteria for any of these six problems outlined, and then make an informed choice

Home Based Business Failure Rate is High

Written by myworldplus on Thursday, July 2nd, 2009 in MLM.

Every day, thousands of people look to get out of the rat race and work from home. In addition, many people want to get a home based business started so badly that they do not always make wise choices in choosing a    work from home opportunity. As a result, many fail miserably. This, of course, does not need to happen. It is possible to pick a viable business opportunity. As discussed in a previous article, there are five top reasons many home-based businesses will never work. Let's discover six additional reasons why, if people are not careful, their home business could fail.

Reason#1: Most new opportunities have no way to help people make large amounts of money. Many opportunities will give great ideas for making money, but then leave people out in the cold by having them do everything on their own. There simply is not a good support system. Nobody should be a part of a business opportunity such as this.

Reason #2: Unfortunately, some home business opportunity promoters will take people’s money and run. There are too many fly-by-night companies out there that will not hesitate to scam people. The problem is their promotions sound just as good as everybody else’s. To avoid this, home-based business opportunity seekers need to be very skeptical about each business opportunity they are presented, examine them carefully, and then make an informed decision.

Reason #3: Some home-based business opportunities have people work long hours for little pay. People end up getting burned out, tired, frustrated, and eventually give up. It makes no sense to become part of a work at home opportunity that is like a regular job?

Reason #4: Many business opportunities offer products nobody wants. Never, ever try to market anything people could care less about. Everyone who tries to do this is doomed to fail. Always remember that the market for your products or services comes first, and the product or service must offer something exciting that people want. In addition, it is best that the company that offers the product or service has a proven marketing system that automatically sells to people the exciting product or service.

Reason #5: Many home-based business opportunities force people to become salespeople. Because things are not set up right, people are forced to face rejection constantly. Most people hate to sell so avoid this type of business!

Reason #6: Most work at home opportunities pay small sums of money and no residual income. This is a recipe for disaster! If people sell low-priced items that don't sell for very much money, it's going to be almost impossible for them to obtain financial freedom and to become financially independent. Never become part of any home-based business opportunity that forces one to sell tons of items just to make a decent profit.

So, there it is in nutshell-six additional reasons why many home-based businesses will fail. Carefully look for potential problems with any home-based business opportunity, make sure it does not meet the criteria for any of these six problems outlined, and then make an informed choice

A Short Intro On Making Money From Home For Newbies

Written by myworldplus on Tuesday, January 27th, 2009 in MLM.

The choice of one way or another for making money from home can be more difficult than you imagine. The Internet is a wide market with hundred of possibilities, but can you handle them? How can you be sure which business opportunity works best for you? Truthful evaluation of what you have to offer is the main and first step to take in the direction of making money from home. Which product, service or personal skill enables you to generate income and replace the regular job?

First of all, if you plan to join a company and promote a product or service in the affiliate regime, it is important to carefully analyze the contract they offer. The payment mode is often a much disputed issue under the circumstances. If you take up an affiliate program for making money from home, the profit results as a commission corresponding to the sales made. Not any affiliate is successful and one cannot promote any product or service regardless its specific. It is important that you trust, use or approve what you are trying to sell to others, otherwise the money determination may not be enough without personal inner motivation to convince buyers.

Web sites and emails represent the platforms on which you can start making money from home. If interested in strategies to promote a business online, look for that part of Internet marketing that covers campaigns and e-commerce. You can adapt the strategic plan in order to develop a successful client approach. Making money online by working from home involves lots of challenges and income depends on hard work. Some people who create their own small businesses often rely on the other family members to assist them in running things. This could very well save the money you’d spend with employees for instance and spare you the risk of an eventually misplaced trust.

The undecided who don’t know in which direction to go so as to create a personal business and start making money from home, should take some career assessment tests to see what domains they are good at and what businesses would work for them given their experience and skills. Sometimes, one decides to move on with education, specialize in different field of activity and thus be able to start a small home based business that would not only bring joy and satisfaction but would also earn one’s living. Whichever be direction in which you choose to go, marketing knowledge and careful planning will always remain the cornerstones of great investments.

999 business ideas : 11 – 20

Written by myworldplus on Sunday, January 25th, 2009 in MLM.

11. Paint attractive art on rocks to make souvenir paperweights and doorstops. The art might take the formof abstract pattern, traditional pictures or tourist scenery. Call your rocks “designer rocks”. Add a rubber base to paperweights and a rubber edge to doorstops.

12.  Start a stamp collecting club.  Stamp hold their value very well.

13. Paint on wood stylistic house numbers and names. These painted numbers and names will be an attractive alternative to the traditional names burned into sliced logs. Get your work stocked at shops which sell garden products or household goods.

14. Start a venture which promotes the art and hobby of window painting. On coloured acetate paper have outlines printed for painting pictures by numbers. These acetate sheets are stuck to one side of a window and anyone can paint a picture on the other side of the glass.

15. Select one sea-shell which would be suitable for an ashtray, another for a pip tray and another for a paper clip tray. Put these shells into a single packet and sell as a set of useful sea-shell-trays. Sell fromsouvenir and novelty gift shops.

16. Devise and produce a board game which simulates the experience of starting a mail order business. The usual problem of bringing out a board game is the difficulty of getting it stocked in shops. However, a game about mail order can be sold by mail order to business opportunity seekers.

17. Make an income by selling lucky charms at car boot sales or door-to-door. Sell, for example: Rabbitsfeet, horseshoes and four-leaf clovers. Start by tracking down trade sources of lucky charms.

18. Buy and sell oil paintings. Buy new paintings from artists and old paintings from collectors and householders. Sell the paintings from: home, a roadside site, a stall at crafts fairs or hire stalls for exhibiting all the paintings you have for sale.

19. Start a manufacturing business which is devoted to making doorstops. These doorstops might range from the humble wooden wedge to the more exotic and unusual. Package them in polythene bags, staple on a printed card and get them stocked at gift shops.

20. Decorate everyday objects with pressed flowers. Add an inlaid design of pressed flowers to trays, coasters, jewellery boxes, paperweights, picture frames, wall-hangings, desk sets and table tops.

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999 business ideas : 1 – 11

Written by myworldplus on Saturday, January 24th, 2009 in MLM.

1. Produce Christmas cards which are printed on the front with, for example, “Happy Christmas from the Smith Family”. Or, instead of the name ‘Smith’, pick one of the dozens of other popular surnames. Sellpacks of these cards by direct mail to people listed in telephone directories.

2. Make money from renting out expensive children’s toys. The toys you rent out will include remote controlled models and computerised games. Use a little van to deliver the toys to customers. Paint in toy town colour scheme. Call the van a toy mobile or similar suitable name.

3. Introduce to your region a service which mounts maps for businesses. Keep a stock of local, national and international maps. Mount these maps in a professional manner to suit the wall space available at offices. Send out leaflets about your services to office managers.

4. Bring out a regular publication for ambitious amateur musicians. This publication might include ads from : 1) Employers seeking musicians. 2) Retailers selling equipment accessories and supplies. 3) People selling used equipment. 4) Musicians seeking to make contact with other musicians. Also publish interesting editorials and letters.

5. Design and manufacture kits for making models with cocktail sticks, for example: model churches, castles, windmills, houses, etc. Buy the cocktail sticks in their unpacked state from the manufacturer. Sell your kits by mail order from ads in craft magazines or distribute to model shops.

6. Establish a directory of products no longer made. This directory might include sections on toys, novelties and household goods. Design the directory for business people and inventors who want to know both whathas been made before and what ideas might be revived and/or modified.

7. Make cotton gloves especially designed for coin collectors. The gloves prevent the grease and moisture from fingers getting onto coins. Package the gloves and sell them from ads in coin collecting magazines or distribute to shops which sell collectible coins.

8. Bring out a correspondence course about how to write cookery books. The course might include information about: How to devise recipes, how to present them in written form and what makes a successful cookery book. Produce a prospectus and advertise in women’s magazines.

9. Begin a business which rents out large and expensive astronomical telescopes to householders who wantto develop their interest in astronomy. Publicise your service at the local astronomy society and use localadvertising to attract clients.

10. Set up a company which produces a compendium of strip games, for example: Strip poker, strip snakes and ladders, strip lotto, strip snap, and strip ludo. Sell by mail order from adverts in X-rated magazines.

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Work at Home Stuffing Envelopes

Written by myworldplus on Monday, December 15th, 2008 in MLM.

Work at Home Stuffing Envelopes

Stuffing envelopes as a work at home job is probably one of the oldest scams out there. It’s been around for years and thousands of moms have been scammed into sending money to some anonymous work at home company who claim to help them make money by stuffing envelopes.

The ads say that it’s all so easy. All you have got to do in this work at home opportunity is pay the company who’s running the ad. And in exchange, they will then send you a list of companies who need people who’ll be stuffing envelopes with their promotional material, invoices, and whatever else is there. Because it sounds so good and the money certainly isn’t something to spit on, you do it.

However, once you do, you’re in for a disappointment because this isn’t what work at home stuffing envelopes scams do. Once you send in your cash, all you’ll get is information on how to place more ads that are similar to the one you responded to. You thus become an unwitting participant in the work at home scam, deceiving other people out of their hard-earned money.

But, what if you really want a work at home job stuffing envelopes? Is there any chance that it could work? More importantly, does it pay good money? We only got three words for you: Direct Mail Services.

We’re sure you’re familiar with the term. It’s that type of business where you stuff envelopes with promotional materials from a company and send it out to hundreds of people whom you’d like to target as possible costumers. Now, don’t expect anyone to start dropping off boxes of envelopes and inserts and pay you a huge fee to put them together. Nah-uh. This whole stuffing envelope work at home business works if you offer total service packages, otherwise known as Direct Mail Services.

So how does a Direct Mail Service Business work? And how is it a good option for a work at home career?

A direct mail service business is a type of work at home business where you offer to take a way a portion of the nuisance work for your client. The idea is much the same as when a business owner would hire an accountant to do all the accounting logs for him. With work at home stuffing envelopes, companies will hire businesses such as yours to handle this kind of work. So direct mailing or stuffing envelope therefore is just taking away the mailing responsibilities of your client so they can focus more on running their business.

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999 business ideas: 730-739

Written by myworldplus on Saturday, December 13th, 2008 in MLM.

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730. Bring out a card index box which has reprinted cards for holding different kinds of information. This is a card index version of personal organisers, instead of carrying around a pocket folder of information, everything is held on pre-printed cards in a desktop card index box.

 

731. Design and organize the production of stop smoking penalty boxes. Every time a person smokes, he or she pays a fine. Pay a plastics injecting mouldings firm to manufacture the boxes. Distribute the finished plastic boxes to wholesalers and a wide range of retailers. 

732. Make good, old-fashioned wooden tool carriers of some sort and have them stocked at hardware shops and tool shops. Or produce kits for making tool carriers and sell by mail order from ads in DIY magazines. 

 

733. Produce and distribute a selection of ashtrays which feature the face of a hated person. Every time a smoker finishes a cigarette they stub it out in the face of the hated person. 

 

734. Make leather folders for salespeople to use when making presentations. Have these stocked at stationers or produce a catalogue about your range of folders and send it to businesses. 

 

735. During the Christmas period, sell holly and mistletoe door-to-door.

 

736. Put together a home study course about theatrical directing. Call this business a postal drama school. Students will include: amateur drama directors, professional actors and other theatre enthusiasts. 

 

737. Write and publish a manual which is about how to start and organise your own football team. Sell from ads in football magazines and programmes. 

 

738. Set up a window cleaning round and employ students and other young people to do the work. Build up lots of individual rounds and employ a person for each one.

 

739. Place classified ads in newspapers which read: ‘Anything bought, Cash paid’ or ‘Houses cleared’. Make money from reselling what you pick up.

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999 business ideas: 750-759

Written by myworldplus on Tuesday, December 9th, 2008 in MLM.

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750. Design and make original fashion clothes. Begin by selling your work from a market stall. This will give you the valuable experience of meeting fashion buyers face-to-face. If you discover you can make clothes which are popular, branch out and sell to boutiques. 

 

751. Learn how to build garden fences then start your own business. Advertise your garden fence building business in local newspapers and offer to provide a free written estimate. 

 

752. At a public place or fair have a site where people can pay to do their own action painting. Each person is given overalls and a canvass or large sheet of paper. They can then help themselves to as much paint as they like and all kinds of brushes and implements. 

 

753. Design, make and distribute souvenir pottery doorstops. These might be imprinted with the name of a resort or a view of tourist scenery. 

 

754. Visit offices during lunch breaks, or before work begins, to give keep-fit classes. 

 

755. Produce a selection of political and moral T-shirts. These will be designs to publicly express a person’s opinion. Sell at demonstrations and through ads in the political press. Also bring out a mail order catalogue.

 

756. Begin a business which organises short courses and seminars for salespeople. A guest successful sales personality might be selected to give each lesson. The subjects you cover might include: ‘How to Double Your Sales’ and ‘How to Beat Your Competitors’.

 

757. Start a business which records interviews with celebrities. Market these on audio cassettes just as if you were selling books or records. Sell these by mail order from your own catalogue and have them stocked in book and record shops. 

 

758. Arrange for greeting messages to be carved into stone. Sell at shops as an everlasting version of greeting cards. Or start a postal service which turns out personalised greetings in stone.

 

759. Bump start your career as a freelance journalist. Newspapers and magazines are always interested in success stories. Find and write about people from humble backgrounds who have been successful in business. The best way to find such people is to advertise for them.

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999 business ideas: 760-769

Written by myworldplus on Monday, December 8th, 2008 in MLM.

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760. Cut divining rods for selling by mail order to gardeners and curiosity seekers. A divining rod would also make an interesting and unusual gift. 

 761. Be a family relations consultant. Give advice about how to improve relationships with family members. If you can provide a satisfactory standard of advice your local area should provide you with enough business. 

762. Start an enterprise which makes airport type wind-socks in miniature for ordinary gardens. Distribute these to hardware shops and garden centres or sell by mail order from ads in gardening publications. 

 

763. Produce a selection of small posters of dogs and cats. Have these stocked at pet shops and gifts shops. For example, at pet shops have a sample of each poster covered by a transparent plastic. Hang these from a rack and have the saleable posters in rolls in a basket underneath. 

 

764. Make candid videos of weddings. Candid videos provide a fascinating, more accurate record of a wedding. Copies can be duplicated and sold to family members. Also do candid videos of parties, promotions, day trips and other special occasions.

 

765. Produce a selection of key-rings which have unusual fobs. For example the fobs might be made from: large flat sea-shells, large foreign coins, circles cut from old LPs, fossils, slate, etc. Sell from a stall at crafts fairs and flea markets. 

 

766. Organise theme parties for children and teenagers. You supply the party-goers with simple costumes, food and entertainment. Each party might be related to a popular theme such as science fiction, pirates, witches and wizards, Wild West, etc. 

 

767. Invent ideas for practical jokes. Sell these by either producing a regular newsletter or, a directory of jokes for different occasions. You might also set up a national practical jokes club. 

 

768. Deal in butterflies and sell to collectors by post. Obtain stock by advertising your interest in buying butterfly collections in collectors magazines.

 

769. Begin a business which produces horror novelty wall-hangings. For example, a framed picture which has the picture itself covered by a sliding or hinged door. The door can be opened to reveal a scary scene. Another example would be a wall mirror with the faint face of a ghost peering out. 

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999 business ideas: 790-799

Written by myworldplus on Monday, December 8th, 2008 in MLM.

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790. Publish a newsletter for those who want to make money dealing in antiques. In the newsletter highlight trends in the antiques business, give tips and hints about finding bargains, tell subscribers how to sell for the highest prices, etc.

 

791. Produce and distribute a video encyclopaedia about flowers, plants, trees or birds. This should present films about your chosen subject in alphabetical order. Try to get national and international distribution organised.

 

792. Sell by post information and advice about antiques. Provide clients with a confidential service which identifies and values antiques from descriptions and photographs. Also give advice about care, cleaning and storage of individual items. Produce leaflets about your service. 

 

793. Take a course in basketry. As you develop your skill slowly begin to sell what you make. When your work reaches a high enough standard, go into business full-time.

 

794. Start a service which provides businesses with a security conscious paper collecting, shredding and disposal service. Have impressive leaflets printed to promote your service and send them to businesses. 

 

795. Create a home-based debt collections service. Get a job with a debt collection agency and learn all you can before you strike out on your own. At first specialise in one type of trade and, if successful, expand into collecting  debts for other trades. 

 

796. Produce a series of audio cassettes about Confucianism. Have them stocked at health food shops and bookstores. Or sell by mail order from ads in off-beat publications. 

 

797. Design and manufacture business maternity clothes for businesswomen. Have them stocked in maternity and other women’s clothes shops and sell by mail order.

 

798. Make videos for people who want to sell their business. Each video is designed to show a business in its best light. In the video, interview customers, look at its standing in the community, etc. Your video should help achieve the highest possible sale price for the businesses whose sale you promote.

 

799. Put together a correspondence course about how to write jokes for profit. Base this on a method which is your own invention. For example, jokes are like the keys on a piano: there’s a limited number but they can be played in an infinity of combinations.

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