April 28, 2011
We’ve looked at the majority of home based businesses out there and most do not meet our stringent requirements.
First of all, you need to have perfect timing because ideally you want to get involved in a business before it enters the momentum phase. BUT, usually when you join a business before their momentum phase they end up going out of business. There’s a risk/reward scenario when joining a “start up” business. We’ve been fortunate enough to find a business that provides the start-up income potential yet has already been in business for 6 years and successfully built their company without network marketing. They’ve just chosen the network marketing distribution model to help take their company to the NEXT LEVEL.
Second, the company must be “real” and have strong leadership already in place. We’re not kidding when we say that a majority of home based businesses are being run out of somebody’s house with no office and no employees! I know it’s hard to believe but it’s true! You can be assured that our Top Recommendation is very “REAL”.
Third, you need a product or service that is unique. The MLM industry is flooded with companies in the health & wellness niche. These are your lotion, potion, juice, & vitamin companies that you’re probably familiar with. The issue is not the quality of products but rather the competition for marketers. They all pretty much look the same and pay the same so it makes recruiting and business building much more difficult. Also, it’s important to have a product that can be retailed to consumers even if there was no business opportunity attached. Generally this is not the case but definitely is with our Top Pick.
Lastly, most compensation plans in MLM are purely back-end loaded. What this means is you get paid a little upfront and that income will grow only as your team grows. If your team doesn’t grow, you’re left cashing puny checks. In the case of our Top Recommendation, they’ve addressed this issue with a HYBRID compensation plan. One that provides the upfront income that we all NEED along with the back-end residual income that we all WANT.
So what’s our Top Home Based Business recommendation?
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