Archive for the ‘Home Business Advice’ Category

What Is An Opportunity?

Once upon a time all MLMs, network marketing companies or direct sales organizations would tell you that their opportunity was something that any individual could take part in and become a multimillionaire virtually overnight. The greatest pitch and almost standard tag lines used were by people who have and are making millions from this industry. And throughout the years of this industry using the internet as their means to the marketing that is used it has always been pretty successful!

And why wouldn’t it be? Becoming instantly rich by signing up with a company that everybody else was part of seemingly making tons of cash always looks good! As I am writing this article I can remember back to the time when it was that I got the fever for this industry. It was based on the same principle. I was broke and tired of scratching for every dollar just to make ends meet. My rent was late, my family and I ate at home every day and our meals were something of a bore because of the tight budget we were on. It cost me so much money just to keep the 7am.-7pm job at the time as well. Gas, uniforms, insurance, union fees, tools, etc had to be taken from my check every week and it was amazing what that amount was.

But it was that same old “pitch” of getting rich overnight that gave me my original fever and it has not left me to this very day! But in all actuality, did I get rich overnight? No, and just like 75% of people who come into this industry, I failed at my first attempt. I did make a few bucks, but not nearly enough to pay for all the products I was buying, let alone enough to allow me to stop working. As I kept aging over the years, I kept at it with this industry and eventually figured out everything and started to make enough money to finally quit my day job. And from that day forward, I have always worked for myself from my home except for a short 3yr period when I went to work as the Director of Operations of our city’s biggest nutritional MLM networking company. That was 5 yrs ago and now as everyone knows I am cofounder of Big Cash Creator, LLC.

My point is that I did not become rich over night. It took me several attempts and several thousand dollars and almost 2 yrs before I could honestly say that I was one of those persons that could boast about making them gazillions. It took hard work, practice and a ton of learning to finally achieve the success that a lot of companies pitch today that anyone can do it and in a very short time.

Now, don’t get me wrong. There ARE individuals out there that have made a ton of money overnight without having any experience what so ever. And that is the dream of this industry, make no mistake about it!

But in this article I would like to exchange the idea that the opportunity in NOT about making a million bucks over night but something that we can all use in our modern day society that time unfortunately is really driving home for us.

At Big Cash Creator, LLC, we pay a lot of attention to our economy as a whole as well as what is going on politically in the world and the general attitude of society. The truth of the matter is that these factors play a very important role for this industry. It relies solely of what we call, “The Masses”. 99% of all companies out there will tell you that without the masses there can never be a multimillion dollar company. If a company is not bringing in 10s of 1000s of your regular people that are like you and I, then they will ultimately fail. When you ask any leader in any company with the 10K size down lines, they will also tell you that the majority of people in their organizations are simple people with a dream.

Now if we look at any major news network, newspaper or nationally circulated news magazine they all have a good part of their stories and topics based on today’s economy and where it is going. Even with the current political change that is about to take place in the United States, the economy is starting to play a major role in that change. And if we dig deeper we will also see that there are quite a few people out there that feel that our economy is only going to worsen before it gets better. At this point in American history, most people do not see being a millionaire in their futures. Even though we are telling people that “Anyone Can Become a Millionaire”, more and more people are hesitant about taking anything out of their budget to try it out.

Click to watch video at CNN.com. Just the other day on CNN news, there was a story by their financial news anchor about how to budget the family income so that it would be possible to keep up with the rising cost of food. Just with the high cost of fuel, they are already predicting that there will be a whopping 37% less people traveling this holiday Memorial Day weekend. With that in mind and everyone really trying to stretch every dollar they earn, it is only reasonable that more and more people very well may not buy into the whole “Earn a Million Dollars in You First Month” hype. Only a few years back, yes, statistics showed that people would take a chance with a few dollars out of their paycheck or income tax check and take a whirlwind stab at this industry and give it their best shot.

Today however, especially if what the financial experts predicts come true, we are going to find that people are not going to be willing to take that chance. The truth of the matter is that our society can see through that hype and basically figure out that if anybody could do it, why is our economical outlook so bleak?

As I said I would like to exchange the whole meaning of we prospect with the opportunity hype to be an opportunity to make a few extra bucks instead. It is because of our current economical status that I have already started to employ in my day to day prospecting efforts. I no longer tell my prospects that by joining my opportunity they will become rich like me. Instead, what they really respect and take to heart, is that I tell them this is an opportunity to make some extra cash for the possibility of troubled times a head.

If I ask someone if they are going to travel this Memorial Day weekend, and they tell me that they just can’t afford it, then that is my time to shine. I love to tell my prospects that I won’t lie.. It is not everyone that can be another Donald Trump. But what I can tell them and show them is how they can add an extra 100-200 dollars to their family budget by getting into my opportunity and utilizing the tools that I have. And that folks is GOLD right now.

One of the biggest reasons prospects fail to upgrade it they simply feel they cannot afford it or in actually taking a chance with the small budget they have now. But the truth of the matter is with most opportunities these day, anyone really can add that extra income to their already life styles budget and who would not want to do that?

The truth of the matter is that if anyone tells me they can not afford to take a camping trip or take the family out to dinner, I will go to great lengths of laying it out on the table how my opportunity can allow them to do just that! And by joining my opportunity they will be able keep everything they are doing for their budget. No chances taken so to say. The other thing is that it really is true that people do become extremely wealthy in this industry and by starting out with the only goal being to add more money to the budget to compensate for the small things like gas, food, and entertainment they are presented with the ability to become one of those millionaires over time, with effort and motivation.

With this concept of creating a smaller opportunity for today’s financial difficult times, we will soon see that these new type of prospects that are keeping current with their current employment are actually able to bring in more prospects because of they are doing. When standing around the company water fountain or copy machine and your new team mate is telling his or her colleagues that he just came back from a weekend long camping trip with the entire family, they will be approached and want to know exactly how they could afford such a luxury working at the same place. And guess what they will offer in response? The same sort of opportunity that you presented.

Yes, anyone can become a zillionaire in this business. But only if you are able to bring in the masses. And the masses are not going to take a chance with the current opportunity hype, but they will do almost anything including getting 1-2 part time jobs just to make ends meet. Remember that gas alone to drive to yet another part time job costs the same as what most opportunities cost on a monthly basis. But your opportunity not only gives the freedom of not having to buy gas or fuel but allow them to enjoy the little time they currently have with their present full time job. Which would you prefer? I know that my prospects prefer the comfort of their own home and the ability to spend time with their families and especially going into the woods for a couple of days because it can be afforded!

- Article Written By Alan Kuykendall, C.O.O. and Cofounder, Big Cash Creator, LLC

Two Simple And Easy E-Commerce Home Business Models

One of the most popular ways of starting a home business today is building and maintaining an E-Commerce website. Depending on the products that you sell or promote, you can have quite a lucrative business in this area without having to do anything more than drive traffic your site.

You don’t need inventory, and you don’t have to ship any of the products because if you set it up right, these things can be done for you. It’s so easy that someone who has never run a business before can quickly learn how to operate one of these sites.

There are two different ways to set up a no-hassle E-Commerce website:

#1 – Find a company that offers a pre-designed E-Commerce website.

There are several companies on the Internet that you can contract with and get an E-Commerce website that is already to go. These websites usually consist of a “mirror” site of theirs with your own codes and URL.

You are responsible for promoting the site, but you will not be handling the shipping or maintaining of inventory. For someone who has a busy lifestyle and many things they like to do without being tied down to a desk, this is a perfect business. You don’t have to sit at your computer waiting for someone to buy something because it will be automated for you, including the installation of credit card links.

The only thing you will have to do is promote your site so that you will have a steady flow of visitors which can result in sales. You will receive a commission from those who purchase products from your site.

#2 – Build your own website and promote affiliate programs.

You may also choose to build your own website and post links and banners and market other people’s products of who you become an affiliate for. An example of these affiliate programs is Amazon and ClickBank. The concept is simple, in exchange for posting their banners on your website; they will pay you for click throughs or visitors that create a sale.

Of course not all affiliate programs pay the same and it’s important that you do your investigating before signing up with any affiliate program. Some programs pay 10 percent while many ClickBank products can pay as much as 50 or even 60 percent.

In the end, promotion is the key issue with any E-Commerce website whether it’s a mirror site or if you choose to promote affiliate programs. The amount of money you make is directly related to how much time you spend promoting your website and how visible your site is. With good promotion, your site will be highly visible and bring in enough visitors to make you a reasonable income.

How much you make depends on the scope of your site and your target audience, so it’s not something you can guess ahead of time. You have to do the work first and reap the benefits later.

Important Things NEVER To Do In Your Home Business

There are some things you should NEVER do in business if you want to succeed. If you are already a successful business owner you might be well aware of these things but for aspiring home based entrepreneurs than these tips could save you time and money.

The first thing you never want to do is to skimp on advertising and marketing. Without proper advertising your home business will never get noticed. If you don’t get noticed how can you expect to make any sales?

Here is an example:

Let’s say you have a small home business that publishes how to audio CD’s and you just came up with a new product. Your business is new and practically unknown. Although you have a website and a small advertisement in the local newspaper you still aren’t making more than a handful of sales.

The reason is because only a small area is going to be aware of your company and your new product. A single local newspaper ad only has so much reach and you have a product that could be sold all over the world. A better form of marketing for you would have been to advertise in several larger newspapers, buy billboard space in a heavily trafficked area, or create a Google adwords and Yahoo search marketing pay per click campaign. Although these strategies might cost a bit more you are able to reach a much larger customer base which means more eyes checking out your product.

The second thing you NEVER want to do is let your guard down with your home business competition. If your business has a competitive market (and most of them do) you want to definitely keep your competition close at all times.

Here is an example:

Let’s say you are a member of a health and wellness network marketing company. This is a very competitive industry with thousands of companies and distributors vying for new customers. You always want to be aware of what others are doing to build there businesses. You can learn from other people’s failures or successes so use them to find out what you should be doing but more importantly what you shouldn’t be doing.

Finally, the third thing you NEVER want to do is jump into a home business without doing thorough research. You want to be sure you know all of the details about the business opportunity you are involved in. You want to know financial details as well as information about your competition. When you take the time to research a specific business you insure success for yourself. You wouldn’t want any surprises popping up and you want to be able to set yourself up so that your business operates as smoothly as possible.

In the end,
starting a home business isn’t an easy thing to do. But if you make an effort to follow the above guidelines on what never to do in you will create a solid base for future success. Be sure not to jump into any business decisions without research and well thought out planning. Care for your business like you would your children. Give it what it needs to grow and you will be pleased with the end result.

Do Free Replicated Home Business Websites Really Work?

There are numerous offers on the internet that promise to provide you with a free website from which you can make a ton of money, selling their products or services. That’s right, at no cost to you, the company will accept you as a distributor for their products and give you a website and any sales that come from your site will result in a huge commission check. On top of that, if you can recruit more people to accept their free website, then you can receive a commission on their sales as well.

All of this is free and sounds good on paper, but when reality sets in you will soon learn that there is no such thing as a free lunch, or website. Yes, most of these companies will give you a free website, a replication of their own site and it will be configured with your name or company name on the landing page. It will also track the visitors that place orders through your site and yes, they will pay the promised commission. The challenge for you is getting visitors to your specific website.

This is when the free website begins to cost money. For sake of argument, consider a company sells health products and you are now a health product distributor for its brand. Chances are, you have joined a group of more than 100 other websites selling health products for the same company and you all have the same title on your website. A person searching for the company name may end up with a choice of 50 or more sites with the same name as a result of their search, and research shows that most user only look at the first 10, and in rare cases 20, of the top search results.

The odds of a search making your site one of the top searches is extremely low so you will have to become involved in network and online marketing just to make your site standout. Additionally, if you did manage to recruit others into the program, you have added to the competition. Print advertising that includes your specific website name may work, but most internet savvy users know that anything past the “/” (forward slash) in a site name is usually meaningless.

Your site’s name for tracking purposes is for instance, www.supervitaminsales.com/yourname and people only type in supervitaminsales.com, they will end up at the company’s main website. You did the advertising and will receive none of the financial benefit because the sale did not come from your site.

In the end, don’t buy into the hype of free. If you want to become a successful home business owner or network marketer it’s important that you get you own online presence that you have full control over.

Understanding the Concept of Multiple Streams of Income

There is a lot of buzz going around the Internet these days about Multiple Streams of Income. Essentially this concept goes hand in hand with an old saying, “Don’t put all your eggs in one basket.”

So instead of obtaining all your income from one place you want to find “Multiple” opportunities (assets) that can produce income for you and your family. Then if something happens to one of your income sources you still have several others that can pick up the slack.

Sounds great but how does a person go about executing this strategy and actually getting it to work?

Although each person’s situation will be a bit different there are a few basic tips that can get you started on the right path.

Tip #1 - Understand your options

There are literally hundreds of different ways a person can make money. Of course, for the most part, we want to focus on passive income opportunities that allow us to do the work once and get paid on it over and over again. Below are a few of different opportunities that work well for this.

- Network Marketing
- Affiliate Marketing
- Real Estate
- Stock Market
- Info product creation
- eBay
- Google Adsense
- Niche products

Of course there are several others but I like these the best because they are easy and inexpensive industries to get involved with (with the exception of real estate and the stock market).

Tip #2 - Start small - Create something profitable before moving on

Have you ever heard the saying, “Jack of all trades and master of none?” In other words you know a little about everything but don’t excel in one particular area. When it comes to the theory of Multiple Streams of Income, most beginners are coming at it from this perspective. Because of this, it’s important that a person takes small progressive steps towards success.

Pick one single project to concentrate on, and then make it profitable before you move on to something else. For example, if you decide to start with a network marketing opportunity, work at it consistently until it’s producing a nice residual income before you start branching out into an eBay or affiliate marketing opportunity.

Tip #3 - Diversify into different industries

For some reason I run into many different entrepreneurs who are involved with several different network marketing companies and think they are taking advantage of the “Multiple Streams of Income” concept. This is rarely ever the case though.

The truth is that you don’t want to open up different income streams that are going to compete with each other. Otherwise you just stretch yourself to thin that you don’t make money in any of your endeavors.

I suggest picking one network marketing opportunity to take advantage of and then focus on other industries like eBay, affiliate marketing or info product creation. This way you are diversifying into other areas that can compliment each other rather than take away.

Tip #4 – Use profits to create even more income streams

You might have noticed that I mentioned real estate and the stock market in my list of good passive income opportunities. Although you might not have the money to get involved with industries right away, it’s important to enter them at some point.

The best way to do this is to start small with things like network marketing, affiliate marketing or eBay and then set aside some of your profits in an investment account for future use. This way you can build your way up to even more income streams without using out of pocket costs.

In the end, taking advantage of the concept of Multiple Streams of Income has never been easier. The Internet alone can supply you with enough different income sources that you will never have to work a regular 9 to 5 job ever again. The most important thing is to get started right away, take small steps and be consistent. By simply doing those three things there is no telling where you could be 10 to 12 months from now.

This article was written and owned by Josh Bradley


To learn more about producing Multiple Streams of Income I suggest you check out Both of Robert G. Allen’s books that are linked below.

Recession: What Does This Mean To The Home Business Owner?

No matter where we turn for our daily news, we can be sure of hearing or reading about how the U.S. is going into a recession. From rising forecloses in the housing market, sky rocketing gasoline prices, as well as possible unemployment rate getting higher all the time. This can be very depressing times for many people out there, especially those who rely on that job that employs them 40 hours a week and gives them that base salary.

However, on the other end of this dark tunnel is a exploding market in the home business industry! How is this possible when the rest of the economy is looking weaker and weaker? Well that is just it. As the economy worsens in this country, you can be guaranteed that people who are having a hard time making their ends meet or make enough money for their budget will be looking elsewhere for that extra income. With the job market the way it is and the price of fuel escalating, this means more and more individuals will be looking for alternatives to just going out and getting a second part time job.

Fortunately in this industry, working at home SAVES MONEY! There is no need to buy gas to get to and from work. There is less amount needed to purchase uniforms and/or business clothes to work at the office. (how much do pajamas really cost?) The amount of money one can save from not having to buy lunch everyday can be huge!

And these are all great selling points for you as the business leader. How many people do you know that are struggling with today’s economy? Isn’t it heartwarming to know that you have a business that any one can join and make some extra cash to make it through any recession we may have?

The truth of the matter is that there are other countries out there who have already faced the same sort of recession we may be going into now. Most of these countries have embraced the MLM/Network Marketing/Home Business industry with open arms and have flourished because of it! Australia and New Zealand are prime examples. Both of the countries have a striving home business industry and is commonly a house hold name. In Japan, the same industry is one of the largest in the world with courses taught in their public schools.

We can watch the news and look at a dreary future where the nation’s economy could be going towards a recession. We can also look at the same overall picture, take great advantage of it and reap the benefits from it. We can also look back at history and see from experience how many millionaires were made during that recession and think to ourselves, it they did it, how could we? We can do it by offering those in need a solid home business income that they can build to become their greatest money maker ever!

Article written by Josh Bradley & Alan Kuykendall of BigCashCreator.com