Wednesday, August 13, 2008

3 Essential Characteristics When You Work From Home

By Sean Hagon


There is a tremendous amount of interest and excitement happening right now for people looking to become a wealthy marketer who work from home. Why is there such a surge and growth in this industry?

We hear it in the news everyday about corporate layoffs, foreclosures, companies shutting down, rising gas prices, etc. Unfortunately, people are feeling insecure with their jobs more than ever. There are many occupations on thin ice with employees having no idea where the path may lead in the end with such a failing economy. Many are concerned and are now looking to take control of their own lives and especially their futures. This is the motivating force behind the tremendous growth in the work from home industry.

Most recently, an economist predicted that in the next 10 years, the two occupations where millionaires will be born are in network marketing/work from home and the wellness industry. This growth will result in many households producing a net worth reaching the seven-digit mark. Much of this will be achieved through the Internet and the plethora of opportunities it offers. There are many families and individuals enjoying the rewards and benefits of this work from home industry as a result. Furthermore, it is changing their lives for the better where they will never have to be concerned with corporate lay offs, rising gas prices (even if they fall, they will rise again) foreclosures and more.

Many are still missing out on this tremendous growth in the work from home industry. This is not due to the lack of effort or desire. It is occurring because many have the mindset that they are only capable of what their minds believe they can accomplish.

The work from home industry has an almost uncountable number of opportunities to choose from utilizing the internet. This includes most MLM businesses which take long periods of time (months and even years) to sufficiently develop a network that enables a person to make a significant income. This is due to what we call in the industry the 1-up and 2-up businesses. These types of work from home businesses require you to pass up your first few sales to your sponsor before you are qualified to earn an income in addition to the initial start up cost to even join.

The start up costs in the work from home industry can run anywhere from $100 to thousands of dollars. I've seen costs as high as $20,000. You also need to be knowledgeable in marketing your business with your work from home opportunity. This knowledge is required in order for you to be successful. Most never acquire this knowledge correctly, are unwilling to learn and eventually give up. Then, in turn blame the industry. In addition, by spending more money on generating leads to get people interested in your business, you compound the problem before you even get started.

There are some important characteristics to keep in mind when you are considering a work from home opportunity. Keep in mind that it is not if they want to start a work from home business but which one they should join. There are a few essential characteristics that one needs to follow and quite frankly, should be a requirement:

1. The product or service you offer should be something that most people would want and can relate to. You also need to believe in the product yourself!

2. The business you choose should have an automated business system so that much of the contacting and selling is provided for you. In turn, this will make better use of your time.

3. Most importantly, find a business that allows you to have a successful mentor in addition to providing you strong support and a training system.

Finding a work from home opportunity that includes these essential characteristics is the key to your success. Once you have located one, you will need to develop a business plan that has start up and ongoing costs which will fit into your budget. It's a business. You need to invest money to make money. You can't start a work from home opportunity for free. But how much you initially invest is important. Start small and allow for growth.

Having a work from home opportunity that allows you to make income efficiently will result in a quick return on your initial investment. How do you make that income efficiently? Make sure your work from home business has these essential characteristics in place. It will make your whole experience in this business much more fun, enjoyable and lucrative, not to mention you will gain important knowledge along the way that will serve you well into the future.

Many people, both men and women are earning significant incomes while they work from home. It is easy for you to join them. Just apply these characteristics and research the work from home opportunity of your choice. Select one that best suits your needs, then set your goals and run with it. You will enjoy the results.

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