I've talked a lot in this blog about the benefits of having a business with YTB. What I haven't done is told you very much about the company itself. Well, here are three very significant things that you need to know about YTB:
1. Our company is publicly traded and regulated by the Securities Exchange Commission (SEC). Why is this significant? Because the SEC, as a regulatory body, does extensive and detailed research on companies to ensure that primarily investors, but also others, are protected against fraud and that businesses maintain market integrity. Just knowing that a company is regulated by the SEC promotes a sense of security in dealing with the company.
2. Our company has 122,000 referring travel agents and we are on target to become the largest travel agency in the world in the next 5 years. Travel is the largest industry in the world and YTB will be the largest agency in the world. It just makes sense to align with a winner and the leader of the pack, especially if your goal is to gain financial wealth and independence for your family.
3. YTB is listed as one of the top 11 travel agencies in the entire world. Again, if you're going to run, you need to run with the leaders of the pack.
4. YTB offers extremely competitive travel booking rates! This is very significant because 85% of all people are now booking their travels online. The good news is that they have no loyalty to the companies they are booking with, so if your friends, family, co-workers and collegues book travel, why wouldn't they book with you if they are getting the same seat on the plane, same room in the hotel, same cabin on the cruise and same rental car -- at a competitive rate? In fact, they will!
The other day I checked prices on my website and on Expedia, Travelocity, Orbitz, Hotwire and Cheap Tickets for a roundtrip flight to Montego Bay, Jamaica. Only on my site was I able to get tickets for less than $300 (actually $294). On all the other sites, ticket prices were more than $400. I didn't hesitate to book my tickets on my site, because not only did I get the best rate , but I will also get a commission check!
5. YTB has two businesses in one. You have a retail travel business AND you have a network marketing business. You can choose to work either or both! There is no fee for having the marketing business.
6. The YTB marketing business has a pyramid structure but it IS NOT a pyramid scheme. Pyramid schemes are ILLEGAL. The mere fact that YTB is publicly traded tells you that it IS NOT an illegal business. Also, if you think about it nearly every business and organization has a pyramid structure. Consider, for example, corporate jobs (CEO at the top, SVPs, VPs, Directors, Managers and Worker Bees at the bottom), churches, the military, real estate companies, nonprofit organizations, and on and on.
I encourage you to do your homework. Check out YTB and visit my website: www.ez4utravels.com or www.ytb.com/ez4utravels
YTB offers more income streams than any other travel business, and it's easy to get started. Let me know if you have any questions. I'll be glad to answer them.
Sunday, September 30, 2007
Monday, September 24, 2007
Pilots, Flight Attendants, Travel Agents, Airline Reservationists... This Post Is For YOU!
ARE YOU A FORMER OR CURRENT AIRLINE PILOT, FLIGHT ATTENDANT, RESERVATIONIST OR TRAVEL AGENT? IF YOU ARE, YOUR TRAVEL BIZ (YTB) HAS A GREAT PROMOTIONAL OFFER FOR YOU! – YTB is on target to become the largest online travel business in the world within the next 4 - 5 years, and we invite YOU to join our cutting edge travel network, AND to get your travel business FREE! Yes, I said FREE (a $449.95 value), with the only cost to you being the monthly licensing, hosting and maintenance fee $49.95 (If you’re interested, we will show you how to get this fee reimbursed each month so that you have a completely FREE business!)
This special promotion allows both former and current aviation and travel agency employees to make a lateral move to YTB for a fraction of what others have paid, and it will expire by midnight (CST) on Sunday, December 2, 2007. What are the benefits to you of having your own Internet-based travel business?
After you join YTB and become a Referring Travel Agent (RTA), you will receive your official RTA credential! This credential allows you to receive remarkable travel benefits and industry courtesies that can include:
· FAM (Familarization) Trips
· Travel Discounts at Hotels, Car Rental Agencies and More!
· Superb Tax Benefits and Tax Write-Offs
Also:
With YTB you actually have TWO BUSINESSES (A Web-Based Travel Agency and A Marketing Business) and MULTIPLE STREAMS OF INCOME!
RTA’s receive:
Seven INCOME GENERATING websites including:
· Marketing website
· Travel Booking Engine
o For booking airfare, hotels, car rentals, vacation packages, getting your passport and more!
· Sporting Events, Concerts & Theater Tickets
· Golf Vacations
· Honeymoon Registry
· YTB Flowers
· YTB Cars
o For purchasing new and used automobiles
AND:
RTA’s are paid 60% of the commissions for ANYTHING BOOKED ON YOUR WEBSITE! Plus, RTA’s can also work directly with travel vendors to book travel and possibly receive higher commissions!
WE OFFER:
· A very lucrative compensation, bonus and residual income
· A $6000 Guarantee
· Health Care for RTAs with NO QUESTIONS ASKED about pre-existing conditions
· A Directors Program that provides 100% paid health care, a $100,000 life insurance policy and participation in the profit sharing pool
· A Bill of Rights that protects your residual income for you and your generations
· And much, much more!
TO GET STARTED:Simply visit this website www.ez4utravels.com and click on Join Here to sign up as a REP ONLY. Or call: Regina at 901-299-1220. Either way, once you contact us, a representative will be in contact with you about the next steps so that very soon you will be well on your way to earning a phenomenal income AND enjoying the benefits of owning YOUR VERY OWN TRAVEL BUSINESS!
AND GUESS WHAT?
· No Experience Is Necessary
· No Pre-Qualifying
· No Credit Checks
· Free Training Is Provided
Remember, this promotion ends at MIDNIGHT on December 2, 2007, so DON’T DELAY. GET STARTED WITH YTB TODAY! By December 2nd you could have earned your Christmas Bonus!
This special promotion allows both former and current aviation and travel agency employees to make a lateral move to YTB for a fraction of what others have paid, and it will expire by midnight (CST) on Sunday, December 2, 2007. What are the benefits to you of having your own Internet-based travel business?
After you join YTB and become a Referring Travel Agent (RTA), you will receive your official RTA credential! This credential allows you to receive remarkable travel benefits and industry courtesies that can include:
· FAM (Familarization) Trips
· Travel Discounts at Hotels, Car Rental Agencies and More!
· Superb Tax Benefits and Tax Write-Offs
Also:
With YTB you actually have TWO BUSINESSES (A Web-Based Travel Agency and A Marketing Business) and MULTIPLE STREAMS OF INCOME!
RTA’s receive:
Seven INCOME GENERATING websites including:
· Marketing website
· Travel Booking Engine
o For booking airfare, hotels, car rentals, vacation packages, getting your passport and more!
· Sporting Events, Concerts & Theater Tickets
· Golf Vacations
· Honeymoon Registry
· YTB Flowers
· YTB Cars
o For purchasing new and used automobiles
AND:
RTA’s are paid 60% of the commissions for ANYTHING BOOKED ON YOUR WEBSITE! Plus, RTA’s can also work directly with travel vendors to book travel and possibly receive higher commissions!
WE OFFER:
· A very lucrative compensation, bonus and residual income
· A $6000 Guarantee
· Health Care for RTAs with NO QUESTIONS ASKED about pre-existing conditions
· A Directors Program that provides 100% paid health care, a $100,000 life insurance policy and participation in the profit sharing pool
· A Bill of Rights that protects your residual income for you and your generations
· And much, much more!
TO GET STARTED:Simply visit this website www.ez4utravels.com and click on Join Here to sign up as a REP ONLY. Or call: Regina at 901-299-1220. Either way, once you contact us, a representative will be in contact with you about the next steps so that very soon you will be well on your way to earning a phenomenal income AND enjoying the benefits of owning YOUR VERY OWN TRAVEL BUSINESS!
AND GUESS WHAT?
· No Experience Is Necessary
· No Pre-Qualifying
· No Credit Checks
· Free Training Is Provided
Remember, this promotion ends at MIDNIGHT on December 2, 2007, so DON’T DELAY. GET STARTED WITH YTB TODAY! By December 2nd you could have earned your Christmas Bonus!
Imagine Yourself Living The Life Of Your Dreams
Imagine yourself …
… sunbathing on the pristine beaches of a Greek isle.....
... gazing on the beautiful Gaudí tilework and stone creations in Parque Güell in Barcelona.....
... strolling through the Secret Room at the Naples Archeological Museum......
... wondering at the treasure trove of historical buildings and artifacts stemming from the Ottoman and Byzantine Empires....
Imagine yourself ...
Seeing the world.
On your time schedule.
With the people you love.
And absolutely no worries.
Imagine yourself...
When money is no object.
When life is FUN again.
This imagery is not fantasy. It's real. It's the reality of those of us who have "discovered" this fantastic company, Your Travel Biz.
Have you ever had a secret that was so good, so rich, so full of life that you were nearly bursting to share it? That's how I feel sometimes about YTB. It is so good. So rich! So full of life and bursting with fun and energy and everything that I've always wanted for my life that I want to tell the world about it. But when I try, I find that people in general tend to be so jaded. So many people have been deceived and wounded that skepticism is everywhere. We are so fearful... of spam and Internet viruses.... We are so burdened with credit card debt.... We are so over-worked and under-paid. Most of us have trouble envisioning that there is anything better for us than the reality we are already experiencing, which is often a life that we're tolerating rather than really living.
But when I joined YTB, I met people who were EXCITED about just getting up every morning and going out into the day. I met people who laugh and smile and have joy all day long. Folks, I don't know what to say to help you see what I see. I just encourage you to take look at the business, the comp plan, the Director's Program (stellar!) the bonuses.... Check it out for yourself. View the company presentations. What you see here can change your life forever. Visit: www.whygetytb.com
… sunbathing on the pristine beaches of a Greek isle.....
... gazing on the beautiful Gaudí tilework and stone creations in Parque Güell in Barcelona.....
... strolling through the Secret Room at the Naples Archeological Museum......
... wondering at the treasure trove of historical buildings and artifacts stemming from the Ottoman and Byzantine Empires....
Imagine yourself ...
Seeing the world.
On your time schedule.
With the people you love.
And absolutely no worries.
Imagine yourself...
When money is no object.
When life is FUN again.
This imagery is not fantasy. It's real. It's the reality of those of us who have "discovered" this fantastic company, Your Travel Biz.
Have you ever had a secret that was so good, so rich, so full of life that you were nearly bursting to share it? That's how I feel sometimes about YTB. It is so good. So rich! So full of life and bursting with fun and energy and everything that I've always wanted for my life that I want to tell the world about it. But when I try, I find that people in general tend to be so jaded. So many people have been deceived and wounded that skepticism is everywhere. We are so fearful... of spam and Internet viruses.... We are so burdened with credit card debt.... We are so over-worked and under-paid. Most of us have trouble envisioning that there is anything better for us than the reality we are already experiencing, which is often a life that we're tolerating rather than really living.
But when I joined YTB, I met people who were EXCITED about just getting up every morning and going out into the day. I met people who laugh and smile and have joy all day long. Folks, I don't know what to say to help you see what I see. I just encourage you to take look at the business, the comp plan, the Director's Program (stellar!) the bonuses.... Check it out for yourself. View the company presentations. What you see here can change your life forever. Visit: www.whygetytb.com
Wednesday, September 19, 2007
HOW TO TRAVEL LIKE AN "INSIDER"
In the past, whenever I’ve heard the term, “travel like an insider” I had no idea what this phrase meant. I wondered, “Who are the insiders?” “How do they travel?” and “How can I become an insider?” It wasn’t until I joined my business, the YTB Travel Network, that I fully understood why this is such a sought after status. So what exactly does it mean to travel as an insider, and what are the advantages of doing so? This post is designed to address these questions so that readers will gain an understanding about the rewards of working in and owning a business in the travel industry, and thus making it possible to “travel as an insider.”
When you travel as an insider, pure and simply, you are traveling wholesale instead of retail. The average person booking travel, at best has access to various Internet travel sites, and when trying to make reservations or travel arrangements, will visit these sites in hopes of finding the “best deal”. But travel professionals have access to the best travel deals in the industry. Not only do they have access to travel vendors that the general public may not have access to (such as man air consolidators), but they also have the opportunity to receive discounts travel (up to 90% off retail), but also we are offered upgrades and other perks. And when you are not only the agent but also the travel business owner, the benefits increase.
What are the benefits of working in the travel industry and particularly of owning your own travel business?
As a travel industry professional, the benefits that you can receive are virtually unlimited. Here are some examples:
Travel professionals can receive travel discounts of up to 80% or more off retail. It is no secret that travel agents and other travel professionals have access to information and websites that can benefit both their customers and themselves. One example involves booking airfare through air consolidators. Air consolidators make purchases of large blocks of airfare and sell them primarily to travel agents at significantly reduced prices. Due to the relationships that travel agents or particular agencies may have with a particular travel vendor, agents can secure rates that are much lower than the lowest advertised Internet rates. Travel agents can also request special rates at hotels and car rental agency, for example, that are reserved for industry professionals by showing their travel credential with their personal or agency IATA number. Recently, one of our travel agents traveled to Las Vegas and stayed at Caesar’s Palace. While the standard room rate was more than $200, the agent was offered the $139 travel agent’s rate. When the agent showed her travel credential, she was offered a complimentary upgrade to the hotel’s $1200 suite. Imagine the savings to this agent who stayed eight days at this luxury hotel!
Travel agents are offered fun and exotic FAM trips. FAM (or familiarization trips) to many exotic and premier vacation resorts are offered to travel agents so they will become more familiar with the vendor’s vacation offer in order to sell them to their clients. For the past few years, brick and mortar travel agencies have closed in record numbers and vendors have a vested interest in encouraging travel agents to inspect their properties. For this reason, travel agents are offered opportunities to visit some of the world’s most beautiful resorts and vacation spots and are given the “red carpet” treatment. Recently, Disney Cruise Lines, in appreciation to travel agents, offered a 10-day cruise to travel agents for only $250. This price, compared to over $3000 retail, seems too good to be true. Another example is actually a trip that I will be taking in October. Sandals Resorts offered our travel agents a 5 day/4 night stay at one of many of their luxurious resorts for a total of $99. This all-inclusive resort that includes all your meals, drinks, snacks, water sports, transfers and more, retails for nearly $500 per night. With my airfare included, the total cost of my trip is still less than $400. It’s clear to see that this is an unbeatable price.
Travel agents are paid commissions on the travels of others as well as on their own travels. This is a great part of being a travel agent because until I became one, it didn’t matter how much travel I booked, the only thing I received at the end of every transaction was a confirmation and receipt. Now, no matter whose travel I book, I receive a commission check! Some vendors will only pay a small (maybe 5%) commission, while others will pay a much larger (up to 20%) commission. The actual percentages depend on the travel agency and the vendor.
When you own a travel business, you have many tax advantages. When your business is travel, your travels in general fall into the category of being a tax deduction. As a travel professional, your hotel stays and car rentals can be qualified as “inspections” simply by completing an inspection form at the conclusion of your trip. As a home-business owner, you can also write off items such as your Internet service, cell phone bill, office equipment purchased, travel mileage, the area of your home where you have your office and more. Check with your accountant for more information on how to take advantage of the many tax benefits you can receive as a travel professional.
How Can You Become a Travel Insider?
Becoming a travel insider is simple, especially today because there are so many online travel business opportunities available. If you search the Internet, you’ll see that many notable business people and businesses have jumped on the band wagon because they understand how profitable travel is now and how profitable it is projected to be in the future. Examples include Magic Johnson, Donald Trump, American Express and Walmart to name a few. Prices can range from $50 to $5000 to own a franchise-type online travel business with the booking engine, travel credentials and other benefits. When I joined my agency, the cost for owning was around $500, which is a very low and reasonable cost to pay for being a business owner. In my business, you not only get the basic travel business, but you get seven (7) websites (marketing, travel booking, YTB Flowers, YTB Cars, YTB Golf, Concert & Event Tickets and Honeymoon Wishes Registry) Also, because you don’t have utility bills, payroll, insurance and many other costs, the monthly overhead is extremely low (only $49.95 a month). This fee includes hosting and maintenance, marketing, licensing, fulfillment of all travel booked on your website and more. For more information on my business, visit my website at www.ytb.com/ez4utravels
When you travel as an insider, pure and simply, you are traveling wholesale instead of retail. The average person booking travel, at best has access to various Internet travel sites, and when trying to make reservations or travel arrangements, will visit these sites in hopes of finding the “best deal”. But travel professionals have access to the best travel deals in the industry. Not only do they have access to travel vendors that the general public may not have access to (such as man air consolidators), but they also have the opportunity to receive discounts travel (up to 90% off retail), but also we are offered upgrades and other perks. And when you are not only the agent but also the travel business owner, the benefits increase.
What are the benefits of working in the travel industry and particularly of owning your own travel business?
As a travel industry professional, the benefits that you can receive are virtually unlimited. Here are some examples:
Travel professionals can receive travel discounts of up to 80% or more off retail. It is no secret that travel agents and other travel professionals have access to information and websites that can benefit both their customers and themselves. One example involves booking airfare through air consolidators. Air consolidators make purchases of large blocks of airfare and sell them primarily to travel agents at significantly reduced prices. Due to the relationships that travel agents or particular agencies may have with a particular travel vendor, agents can secure rates that are much lower than the lowest advertised Internet rates. Travel agents can also request special rates at hotels and car rental agency, for example, that are reserved for industry professionals by showing their travel credential with their personal or agency IATA number. Recently, one of our travel agents traveled to Las Vegas and stayed at Caesar’s Palace. While the standard room rate was more than $200, the agent was offered the $139 travel agent’s rate. When the agent showed her travel credential, she was offered a complimentary upgrade to the hotel’s $1200 suite. Imagine the savings to this agent who stayed eight days at this luxury hotel!
Travel agents are offered fun and exotic FAM trips. FAM (or familiarization trips) to many exotic and premier vacation resorts are offered to travel agents so they will become more familiar with the vendor’s vacation offer in order to sell them to their clients. For the past few years, brick and mortar travel agencies have closed in record numbers and vendors have a vested interest in encouraging travel agents to inspect their properties. For this reason, travel agents are offered opportunities to visit some of the world’s most beautiful resorts and vacation spots and are given the “red carpet” treatment. Recently, Disney Cruise Lines, in appreciation to travel agents, offered a 10-day cruise to travel agents for only $250. This price, compared to over $3000 retail, seems too good to be true. Another example is actually a trip that I will be taking in October. Sandals Resorts offered our travel agents a 5 day/4 night stay at one of many of their luxurious resorts for a total of $99. This all-inclusive resort that includes all your meals, drinks, snacks, water sports, transfers and more, retails for nearly $500 per night. With my airfare included, the total cost of my trip is still less than $400. It’s clear to see that this is an unbeatable price.
Travel agents are paid commissions on the travels of others as well as on their own travels. This is a great part of being a travel agent because until I became one, it didn’t matter how much travel I booked, the only thing I received at the end of every transaction was a confirmation and receipt. Now, no matter whose travel I book, I receive a commission check! Some vendors will only pay a small (maybe 5%) commission, while others will pay a much larger (up to 20%) commission. The actual percentages depend on the travel agency and the vendor.
When you own a travel business, you have many tax advantages. When your business is travel, your travels in general fall into the category of being a tax deduction. As a travel professional, your hotel stays and car rentals can be qualified as “inspections” simply by completing an inspection form at the conclusion of your trip. As a home-business owner, you can also write off items such as your Internet service, cell phone bill, office equipment purchased, travel mileage, the area of your home where you have your office and more. Check with your accountant for more information on how to take advantage of the many tax benefits you can receive as a travel professional.
How Can You Become a Travel Insider?
Becoming a travel insider is simple, especially today because there are so many online travel business opportunities available. If you search the Internet, you’ll see that many notable business people and businesses have jumped on the band wagon because they understand how profitable travel is now and how profitable it is projected to be in the future. Examples include Magic Johnson, Donald Trump, American Express and Walmart to name a few. Prices can range from $50 to $5000 to own a franchise-type online travel business with the booking engine, travel credentials and other benefits. When I joined my agency, the cost for owning was around $500, which is a very low and reasonable cost to pay for being a business owner. In my business, you not only get the basic travel business, but you get seven (7) websites (marketing, travel booking, YTB Flowers, YTB Cars, YTB Golf, Concert & Event Tickets and Honeymoon Wishes Registry) Also, because you don’t have utility bills, payroll, insurance and many other costs, the monthly overhead is extremely low (only $49.95 a month). This fee includes hosting and maintenance, marketing, licensing, fulfillment of all travel booked on your website and more. For more information on my business, visit my website at www.ytb.com/ez4utravels
Wednesday, September 12, 2007
Earn Six (or MORE) Figures & Have a Ball Doing It!
We all want to make a tremendous amount of money, at least a six-figure income, and more if we can find a way. In short, Americans have found out that we simply cannot depend on Uncle Sam, social security or any of these other sources to provide for us. so if we want our complete financial freedom we must do something different that what the masses do each and every day: go to work at a job.
The pursuit of financial freedom is fast becoming the crux of the American dream. But how do we get there? Most of us know that it will never happen while working a 9 – to – 5 in Corporate America or on a job working for someone else because eighty plus percent of all millionaires own their own businesses. So what is the key? Well, I’m sure there are several ways to accomplish this goal based on several things that we couldn’t control like raw talent, good looks and good old-fashioned “luck”. But there are some tangible controllable things that we should also consider. I believe the key is in marketing the RIGHT PRODUCT, RIGHT.
So what IS the RIGHT product?
The right product is one that offers an exceptional value to the end user. If the product is of no real substance or value, it will be next to impossible for it to create a profitable and long lasting business for you. There are innumerable products on the market to consider so be sure to evaluate the value of the product (or service) to the client.
What else do you need?
You need a marketing track to run on. In other words, a good company will have an established plan to help you with the marketing process. It should be simple, systematic and as automated as possible to increase your daily sales. It should be easy for not only you but also your team and your clients to utilize.
You need leverage. Every major corporation has built in leverage that the officers of the company benefit most from. As you build your team, you also create leverage and if your business is based on a network marketing concept, through this leverage you will create a greater income for yourself as you also help others to create one for themselves.
Lastly, you need successful people to mentor you. There’s a saying that goes: If three of your friends are struggling, robbing Peter to pay Paul and barely making it, you’re probably the fourth one. People who are successful spend time with other people who are also successful… “birds of a feather”. Mentors who are making six-figure incomes now are your best role models and teachers because they can show you exactly what to do and how to do it.I joined my company for these very reasons. We have a great product, a systematic plan, leverage and some of the most proficient training and support that I’ve ever seen. But the greatest thing is that our business is so much fun! Not only do we get the opportunity to enjoy the industry benefits, but also, it’s easy to talk about with others because it’s something that nearly everyone loves to do. We’re well on our way to earning the living that we’ve dreamed of, and you will be too if you follow this simple plan.
Happy Hunting! Cheers.
Tuesday, September 11, 2007
Seven Steps To A Successful Home Based Business Opportunity
For years, I struggled with hitting and missing in trying to identify the “right” home based business opportunity. I tried several companies and ended up trying to sell lots of lotions, potions and pills as I worked on my “real” jobs, before finally finding one that both fits my lifestyle and personality. I hope that the research that I’ve done will assist you in finding the right opportunity before you spend a lot of money and waste a lot of unnecessary time. Why is it important to find the right home-based business? In most families, just to make ends meet, alternative forms of income become more necessary. Plus, statistics show that 74% of wealthy people worldwide have their own businesses, many of which are home-based. Adding to this, one of the last best tax write-offs comes from having a home-based business, and of the world’s next millionaires, a great percentage undoubtedly be small home-based business owners.
Unfortunately, this business boom has also opened the way for innumerable scam artists to surface. So how can you identify legitimate home business opportunities? I believe that the key is to discern between home-based businesses that promise wealth, and those that have workable business models that can truly lead to wealth. Check out the listed criteria below. It can help you to identify the perfect home-based business opportunity.
1. Start-up costs – While traditional business costs can be very high, costing literally thousands and thousands of dollars, home and Internet-based business generally cost less than $1000. when you are looking for a home business, look for a business with a low start-up fee and a low overhead (monthly costs). Ideally, start-up costs should be less than $500.
2. Leadership & Experience – The experience and background of the company founders should reflect longevity and stability in whatever industry you will be working in. Look for leaders with proven success, in the industry and/or business that you are considering. Also, look leaders that have leadership skills. True leaders inspire others to follow them. They exemplify the following character traits: honesty, intelligence, concern for and about people, the ability to make decisions, confidence, good communication skills and loyalty. They ensure that people or systems are in place to coach, train and mentor new recruits.
3. Industry – The business industry that you choose should be expanding. If the industry is booming, you’re starting at a good place for your success. You want to stay away from industries that are declining.
4. Compensation Plan – The compensation plan should be one that makes sense and is easy to understand. It should also be multi-faceted, offering many ways of making money. Do not fall for “get-rich-quick” schemes. Seek a workable plan and then ask yourself: How long will it take me to get to the top of the pay scale? What is required to make money? What is the process for upward mobility? Are there ordinary people from every background and walk of life doing well in this business?
5. Participants & Partnerships – Examine the company’s business partners. Who has linked arms with the business. How long they have been in place. Is the relationship sustainable? Great partnerships help to secure solid business foundations.
6. Credentials – Does the company have all the credentials that it needs to operate fully? Is it publicly traded? FYI, companies offer a higher level of security and stability when they are publically traded because they are tightly scrutinized by the US Securities Exchange Commission (SEC). What organizations is the company a member of?
7. Time – How long has the company been in business? Most businesses fail within the initial five years. If the company has passed the five-year threshold, its potential for survival increases with every year.
If you use these seven steps as a checklist to qualify a potential home-based business, you will be more likely to operate a legitimate business that you can succeed in.
Have questions? Feel free to post them or contact us.
Happy Hunting!
Cheers.
Unfortunately, this business boom has also opened the way for innumerable scam artists to surface. So how can you identify legitimate home business opportunities? I believe that the key is to discern between home-based businesses that promise wealth, and those that have workable business models that can truly lead to wealth. Check out the listed criteria below. It can help you to identify the perfect home-based business opportunity.
1. Start-up costs – While traditional business costs can be very high, costing literally thousands and thousands of dollars, home and Internet-based business generally cost less than $1000. when you are looking for a home business, look for a business with a low start-up fee and a low overhead (monthly costs). Ideally, start-up costs should be less than $500.
2. Leadership & Experience – The experience and background of the company founders should reflect longevity and stability in whatever industry you will be working in. Look for leaders with proven success, in the industry and/or business that you are considering. Also, look leaders that have leadership skills. True leaders inspire others to follow them. They exemplify the following character traits: honesty, intelligence, concern for and about people, the ability to make decisions, confidence, good communication skills and loyalty. They ensure that people or systems are in place to coach, train and mentor new recruits.
3. Industry – The business industry that you choose should be expanding. If the industry is booming, you’re starting at a good place for your success. You want to stay away from industries that are declining.
4. Compensation Plan – The compensation plan should be one that makes sense and is easy to understand. It should also be multi-faceted, offering many ways of making money. Do not fall for “get-rich-quick” schemes. Seek a workable plan and then ask yourself: How long will it take me to get to the top of the pay scale? What is required to make money? What is the process for upward mobility? Are there ordinary people from every background and walk of life doing well in this business?
5. Participants & Partnerships – Examine the company’s business partners. Who has linked arms with the business. How long they have been in place. Is the relationship sustainable? Great partnerships help to secure solid business foundations.
6. Credentials – Does the company have all the credentials that it needs to operate fully? Is it publicly traded? FYI, companies offer a higher level of security and stability when they are publically traded because they are tightly scrutinized by the US Securities Exchange Commission (SEC). What organizations is the company a member of?
7. Time – How long has the company been in business? Most businesses fail within the initial five years. If the company has passed the five-year threshold, its potential for survival increases with every year.
If you use these seven steps as a checklist to qualify a potential home-based business, you will be more likely to operate a legitimate business that you can succeed in.
Have questions? Feel free to post them or contact us.
Happy Hunting!
Cheers.
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