Home Based Business Opportunity Seeker

Oct. 26, 2013 - PRLog -- There are many home based business opportunities to choose from in today’s online market place.  So how do you determine which opportunity is right for you?

In the article titled Turnkey Home Based Business (http://www.themogulmindset.com/turnkey-home-based-business/), I discuss five crucial components necessary for building a turnkey home based business.  Building a turnkey business is important for those people that want to build a business that makes money even while you are sleep.

Below I listed the five crucial components with a brief description.  Any home based business opportunity in the affiliate/network marketing area should fit into at least three of the five categories for you to have a business opportunity that has long term appeal.

Home Based Business Opportunity Seeker – 5 crucial components

Exceptional Compensation Plan
Teamwork Methodology
Continuing Education
Value Products
Easy to Duplicate System

Exceptional Compensation Plan: How you get paid is extremely important and should not be overlooked when examining any home based business opportunity.  Look at the compensation plan video and/or hard copy files the company has.

Then dissect the information to see what it will take for you to make the money necessary in order for you to reach your goals.

Teamwork Methodology: Depending on the type of home based business you select mentoring/coaching may not be an option for you.  For the best results choose an opportunity that offers one-on-one coaching or some type of mentoring for you to better understand the business.

People that are driven and determined to succeed can manage without this component, but with this component your success rate rises.

Continuing Education: No matter what type of business you choose, there should be some type of ongoing training or continuing education.

Every product or service has a shelf life and as times change you should have the ability to learn new marketing methods and techniques to keep you relevant in your market.  If the opportunity you are exploring does not have continuing education, RUN!

Value Products: Not all products are created equally, so make sure the products you are selling have value in the market and are seen as commodities that people want to buy.  If you have a product that does not have value or people are not interested in, you will not have a profitable business.

Also make sure the opportunity you are in offers products and you are not just making money by recruiting people.  If you only make money by recruiting people then that company does not have a sustainable business model.

Easy to Duplicate System: As you grow your home based business and recruit people under you in order to teach them how to duplicate the process, make sure the system is easy to duplicate.  If the system is hard to duplicate and can’t be easily learned by an average person, then you have a problem.

If your system requires a person to have a college degree in order to learn the process, then you are limiting your potential customer base and asking for trouble.  The more complicated the system is to duplicate the harder it will be for you to make money.  Your system must be easy to duplicate in order for you to build residual income and teach others to do the same.

Home Based Business Opportunity Seeker – Opportunity Suggestion
Based on the information stated above there are several opportunities available, but the one I recommend meets all five crucial components and is poised for massive growth over the next few months.  For more information on this opportunity, click the link below:

http://www.themogulmindset.com/great_opportunity/

Whichever opportunities you choose to pursue make sure you go into the home based business industry with the right mindset.  Your mentality can help or hurt the growth of your business so make sure you go in with the right attitude for success.

Come back to my Build Your Business (http://www.themogulmindset.com/how-to-build-your-business/) page to learn more about building, growing and marketing your home based business.

If you have questions about this opportunity, click here to contact me, and follow me on my Facebook fan page.

http://youtu.be/xPr6iLYxPJI