SECONDLY

If You’re Looking to Start an Internet Home Based Business, Watch Out for Most Common Misconceptions

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Who wouldn’t want to start an internet home based business these days? Each day seems to give more tensions to even just the work commute, not to mention the work day. When you take into consideration the bad weather, rising gas expense, and highway accidents, the home based business idea is looking better and better.

However, before entering into a venture for a home based business, as with any business, it’s wise to get all your facts. If you’re new to the idea of multilevel marketing, you’ll need to be aware of the underestimated work ahead. The biggest reason why multilevel marketing has a bad name is that people tend to buy into hope, with no real expectations of giving the business a lot of effort. I advise you to face these myths head on so as to protect yourself from misconceptions.

If you’re starting a home based business, beware of the following stumbling blocks that will keep you “at the bottom of the pyramid”:

MY FIRST POINT IS THAT THE “PYRAMID” YOU’VE BEEN HEARING ABOUT DOES NOT EXIST.

Companies that are actual pyramid schemes are defined as multilevel companies that do not have any product or service for sale. Pyramid scheme companies are against the law, but they’re often confused with the lawful MLM company. The difference is that pyramids are structured to hold out for a limited time and are doomed to crash. On the contrary, a good multilevel company with a good product generally grows stronger with every year, even in difficult economic times. As for the shape of the pyramid, any large organization is that shape, from large corporations to churches to girl scouts! Perhaps you’ve heard that only the people at the top have the cash flow – and that’s true, same as with the large corporations run by CEOs – this is not at all because of when they came in or who is above them. The problem is that those “people at the bottom” expect a hand out and don’t expect to work. The truth is that, very often, a good downline can prove to be more successful than the sponsor who brought him in.

SECONDLY, DON’T BELIEVE THAT INCOME WILL COME QUICKLY AND EASILY.

You can achieve the thousand dollar level, but it doesn’t come without time and hard work. Contrary to the silver platter, it would take at least 100 recruits before you can get that $1000 of residual monthly income. The establishment of an online home based business requires sacrifice of both cash and time. When you spend a lot, the time allotted doesn’t need to be as much; but if you’re low on cash, be prepared to spend a lot of time! And, If you’re lacking in both extra time and money, be prepared to spend a long time! But your success is as sure as your burning desire and devotion. As long as you are very persistent in what you do and don’t give up, it’s very possible to achieve. It just takes time and perseverance. Be careful to have a plan when you join an opportunity. Don’t buy into hope; buy into a business opportunity with a plan to work, and stick to your plan!

THIRD – STAY AWAY FROM THE POTENTIAL SPONSOR WHO CALLS IT A “GROUND FLOOR OPPORTUNITY”.

There is truth in that a new company can bring big money to those who came in at the ground floor, assuming it grows big. On the contrary, a superior networking company actually becomes stronger as the years go by. You don’t have to make any quick decisions when pressured in this way.

MYTH NUMBER FOUR: “JUST WORK FOR A COUPLE OF YEARS CREATING YOUR BUSINESS, AND THE REST IS ON AUTOPILOT”.

The sad truth is that people are lazy and people are quitters. This is even true for who are excited about the business and start off doing well. Bottom line, don’t expect to hang onto your original downline, no matter how good they are. The only thing you can count on is numbers, and there are plenty of people to be found online. You just have to keep searching and keep getting leads to convert and add to your business. You can’t expect your internet home based business to sell your product, but with the right internet traffic, you can expect to build a successful downline!

AND, THE FIFTH MYTH, AN ESTABLISHED MLM STARTS AT THE TOP, AND WEAKER LINKS ARE AT THE BOTTOM.

Conversely, you can expect that a strong MLM team builds from the bottom up. Try to picture it in reverse; your strongest recruits are at the bottom, building your foundation. When they help other people, your business is growing – all from the “foundation” you’ve laid – finding the right people who are willing to work and help each other on the team. You are the foundation, hence the bottom, of the business. Hence, for a successful internet home based business, it begins with you and your system to train others, which, when done correctly, brings the sweet satisfaction of success!

When You Begin Your Internet Home Based Business, Look Out For The Scammers!

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These days, why would anyone refuse the idea about an internet home based business in for a living out of the comfort of their home? Each day seems to give more tensions to even just the work commute, not to mention the work day. Even when you can get to work in spite of snowy weather, traffic, and high gas prices, your day seems like it’s over before you begin!

Notwithstanding your excitement in entering this new phase of life, you’re smart to get the right plan first. When you consider multi level marketing, don’t make the same mistake that 98% of MLM reps do. The biggest reason why multilevel marketing has a bad name is that people tend to buy into hope, with no real expectations of giving the business a lot of effort. You’d be wise to learn the truths about these misconceptions and sort out true from false before you waste any time or money.

When considering the idea of a home based business, protect yourself against the possible hurdles that could keep you from success.

FIRST OF ALL, THERE IS NO PYRAMID.

Real “pyramid scheme” companies are against the law to operate, and they have no inventory or service for sales. Pyramid scheme companies are against the law, but they’re often confused with the lawful MLM company. A true ‘pyramid scheme’ collapses and leaves the last guy “holding the bag”. On the contrary, a good multilevel company with a good product generally grows stronger with every year, even in difficult economic times. If you’re worried about the pyramid shape, just think of the shape of all big organizations, even including churches and scouts! You always hear “the folks at the bottom do all the work and don’t get the money, but that is not because of when they joined. The problem is that those “people at the bottom” expect a hand out and don’t expect to work. The truth is that, very often, a good downline can prove to be more successful than the sponsor who brought him in.

SECONDLY, DON’T BELIEVE THAT INCOME WILL COME QUICKLY AND EASILY.

You can achieve the thousand dollar level, but it doesn’t come without time and hard work. In fact, with most MLM’s, the $1000 level requires 100 or more in your downline. The establishment of an online home based business requires sacrifice of both cash and time. If you can invest a lot of money, then you won’t need to invest as much time; or invest a lot of time and save some money. For those of you who are low in both cash and time, success will be a long time coming! But your success is as sure as your burning desire and devotion. As long as you are very persistent in what you do and don’t give up, it’s very possible to achieve. All you need is tenacity, patience and persistence. Dont make the mistake that so many do when they expect the silver platter. Be attentive to the kind of business opportunity you want to invest in, and treat it as a business, not a lottery ticket.

THIRD, BEWARE OF THOSE WHO TRY TO GET YOU TO JOIN BY SAYING YOU NEED TO JOIN TODAY.

There is truth in that a new company can bring big money to those who came in at the ground floor, assuming it grows big. But don’t be fooled, because you can expect an admirable MLM business to grow over time. When it comes to making this kind of choice with your life, make sure it’s something you want to devote your time to.

FOURTH, IT’S OFTEN MISSTATED THAT ONE CAN EXPECT TO RETIRE SOON AFTER HE GETS OTHERS TO CARRY THE BUSINESS.

The reality is that people are like sheep and need to be lead constantly. This is even true for who are excited about the business and start off doing well. Bottom line, don’t expect to hang onto your original downline, no matter how good they are. However, there is security in numbers, like all those leads you can find online! If you can get your leads flowing with the right traffic generation procedure, this can turn your internet home based business into a fun venture! You can’t expect your internet home based business to sell your product, but with the right internet traffic, you can expect to build a successful downline!

MYTH NUMBER FIVE: A STRONG MULTILEVEL BUSINESS HAS STRONG SELLERS AT THE TOP.

The truth is that a successful multilevel marketing team knows to build up to expand. The bottom part of your structure is the people you’ve recruited into your business and begin assisting you to market your opportunity. And, when your downline is well trained and follows your duplicable system, they begin to expand your business. The whole establishment rests on you, the foundation of your internet home based business. That duplicable system, the strong foundation, built by you will establish your strong successful internet home based business.