Saturday 16 March 2013

How To Spot A Good Home Business

By Russell Howe


Thousands of people scour the internet every day trying to find the best home based business and affiliate program to get involved with. Making money online is now a popular choice among people looking to bolster their monthly income in their spare time.

Just like in the real world, most businesses fail to last.

In the offline world over 70% of new businesses fail within two years. Online that figure is only 30%, so don't believe the myth that it's harder to succeed online. That being said, of course, there must be a reason why opportunities like Global Domains International are able to last long term and others cannot make it out of their starting blocks. We are going to show you that reason now.
In today\'s video, Russ Howe teaches how to find the best home based business for you.


Before you get involved with any affiliate program you should ask yourself the following five questions.

1. Do you find the product appealing? If you are just joining a particular business because of the earnings opportunity then you will find it harder to succeed. If there product isn't appealing then nobody is going to join your opportunity.

2. Is the compensation plan as good as they make it out to be?

3. How long has the company been in business for?

4. What are your long term goals and can you achieve them with the company you are looking at?

5. Becoming your own boss is time consuming. Can you give this the effort it is going to require?

Answering the five simple questions above will help you to determine whether a business is a good idea or not. If any of the questions above remain unanswered it tells us that you should avoid whatever program you are currently evaluating because the chances are it won't succeed into the long term.

As an affiliate you need to put yourself first and align yourself with a program that you know is still going to be there for you in a year or even five years' time. On the internet we see businesses appear and disappear in the course of three months. Just like in the real world, not everybody makes it.

A huge part of becoming your own boss is the mental test it puts you through. It's like nothing you have ever encountered before and most people are not ready for it. If you answered questions three, four and five without any problems that's a good indication you are ready.

You are not going to get very far if you fall into the common trap affiliates make, which is not having a long term goal. The first rule of success is to have a target. Sadly, most people who get involved in affiliate programs quite like the idea of making money online but lack the work ethic to get any results.

There is one question on the list which generally fools people and that is the final one. People often do not realize how much time needs to be put into this. If you are looking to make a career for yourself online you need to be doing something every single day to grow your online reputation in your chosen niche.

Quite often, the biggest enemy of an affiliate marketer is the sheer amount of false marketing and the illogical concept of making money online by doing no work. If you want to get results you need to accept that your results rest on your shoulders.

When you are looking for the best home based business you should ask yourself the five questions shown in today's post. If you receive a negative answer to any of them, you should keep looking for your perfect opportunity.




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