Can Anyone Tell Me About Any Home Based Businesses Horror Or Success Stories?

I love it when someone is bold and asks if anyone can tell any home business horror or success stories! This is a very broad question and I could talk years on this topic. However, depending on the person, you really can tell where the person's mind is at when they ask it based on how they say it. Continue on and I will share the insight to both aspects.Now, sometimes when someone just gets into network marketing, they ask the question to confirm that they made a good decision and sometimes the spouse may ask, to prove their point that it is the dumbest thing that they did. And you know what, I can share both sides and both will think they won the argument. for those who have a favorite sports team or belief system, I could do the same argument and again, everyone would be right and really no one answer will prove if network marketing is good or bad. It all comes back to what you believe.I will begin with horror stories, and then I will go to the success side. Now, some will want me to change the order, because they feel the second will always be more compelling, but again, it is your decision on what you want to believe and feel. Now, in network marketing 95% of the people who join a company struggle and go broke in network marketing. So with that said, that is a pretty bad picture to anyone starting in the industry. You waste all your time talking to people, alienating your friends and family and no one wants to be around you! Now, this is true with the majority of the companies. When you start, you are told to do three-way calls, make lists of all your friends and family and let your up-line call them. Now, they try to convince them to spend money that they do not want to spend on something they do not need. Now, if you look at the compensation models in network marketing, even though they have them set up so that you can not make lots of money unless you are working and the person on top does not make all the money and does nothing, they make more money by you not moving up. What they do is they make a requirement to buy products and until you move up your not making the money you want. You often are not paid on your own purchases until you move up. So, let me ask you, why does your up-line want to see you succeed? They make more money if you don't. All the spouses are high-fiving one another because this is what they know and have heard.Now, let me go over to the success side of network marketing. I know if you are one of the spouses, you are not reading, as Paul Harvey use to say in his radio address, "the rest of the story", but I urge you to do so. Now, just like traditional businesses, new businesses fail. So why do people open new restaurants and businesses every year? The reason, some businesses are very successful. The same holds true in network marketing. Some succeed and some will fail. Some people will say, ok, tell me the businesses that I am guaranteed to succeed. I will not lie, just like in restaurants, some Italian restaurants succeed, others fail, some Mexican restaurants succeed and others fail. You can list every type of restaurant and the story is the same. So why do some succeed and some fail? The reason some succeed are those with a passion for the products and those that fail have lost the passion for the product. Same is true in network marketing for the companies. Now, as I have written in other articles, it is your business, you are selling you. You are the expert on the product that you are most passionate about. You need to make sure you are tapping into that. Now, another reason people fail is that they do not know how to build a business. This is where you need to invest time and money to learn how to be successful in any business and it all comes back to marketing it. I teach people for a reason. The reason is that everyone that fails just validates those that have heard the horror stories.If you have the drive and passion for your product, you will be a success and if you do not, then you will be just another horror story. So make sure you are involved in a product that you love and have the passion for, and not the potential of money.

Coaching and Mentoring For Your Home Based Business

Coaching, mentoring, training: We have all heard these words, especially in a Network Marketing or MLM style of business. The issue is not if we know what they mean; it is if we know how to do it.I have heard people say that they cannot do it because they are afraid to get up on stage, they do not like to be center stage. Others do not know what they should be coaching on or how to mentor somebody. And I have even been told that it is not possible for them as they are not a powerful motivational speaker. All of these things are just excuses from your mind that is not allowing you to be successful in your business.To be a good coach or mentor, what you need to do is to figure out how to be the best in your business that you possibly can. Learn everything that you can on how to grow, what the best techniques are to market your style of business. Do a lot of personal development by reading on different topics that pertain to your business. This could be sales techniques, product information, marketing strategies, communication, or simply something that motivates you. Now you need to put all of this into practice and make it work for you. Close the sales, grow your team, do the parties or events and make them successful. Guess what, you are ready to be a great coach.Believe it or not, this is all that it takes. This with the courage to say "Here is what I am doing; here is how I am doing it. If you want the success that I am having, follow along." I can hear everyone saying now that it is not this easy; there are many other factors that are involved. True, however if you have the initial knowledge of your business and have made it work for you, then you already know the obstacles that are presented. You can troubleshoot for those that you are training and help figure out solutions that arise as you know what the final outcome will be.John C Maxwell says in his book "Developing the Leader Within You" that there are three main components to being a good leader. Knowing, Showing and Inspiring. Knowing how to do a job, showing others how to, and inspiring others to do better. We do not need to over analyze how to be a good coach. Many of us feel that it is more difficult than it really is. We do not need to be a Jim Rohn or Zig Zigglar - if you do not know those names, you better get to a bookstore really quick. What you need to have is the want for your business to succeed, and the desire to help others to create a business that they can succeed in as well.You put these into play and you will be surprised at what you become as a result of it. I wish you all the success you will create for yourself.

Fresh Content is Key to Online Businesses

For entrepreneurs in the technology fields, maintaining a dedicated Web presence and blog is a necessity. Because business is conducted electronically, having a Web site to which you can refer clients will help to spread your customer base significantly. However, just having the Web site is not enough. You will also need to tend that Web presence with frequent care in order to maximize your benefits.The most important reason to do regular maintenance on your Web site is purely mechanical: you need to make sure that your chosen host is capable of the traffic you generate and that all graphics and links are functioning as intended. Nothing is more detrimental to your e-business than broken links or a malfunctioning check-out utility. Customers will quickly abandon your site for the next option on the search list if they are not able to navigate easily within your space.Maintenance is more than just making sure that the Web site works, however. You will also need to make updates and aesthetic changes to your Web site periodically. Keeping your content fresh is the best way to make sure that your customers are excited and energized by what your site is offering. You may want to consider keeping a news item section near the top of your page as a handy place to post new products and services offered by your business. Keeping a finger on the pulse of industry buzz will alert you to what early adopters are looking for within your field.Repeat visitors are essential to any Internet business' success. New content is what brings visitors back, again and again, as those visitors begin to rely on you and your Web presence to provide updated information. Incorporating a blog into your Web site is a great way to seat your business within an online community. Frequent updates to the blog allow you to embed both external and internal links, which not only increases your activity in the community but also allows you to link back to your own products and services. The blog is a great way to enhance your online presence.Unquestionably, becoming an entrepreneur is hard work. However, by maintaining a Web site that eliminates stale content and incorporates frequent updates, it is possible to grow an extremely successful online business. The key lies within generating interest in your chosen products or services, maintaining your business's identity, and keeping your Web presence fresh.

Sociable Multi-Level Advertising - Give Yourself an Enhancement

Interpersonal multi-level promoting can definitely give your marketing and advertising efforts a large increase and assist you to accomplish the accomplishment you desire not just quicker but much more efficiently. Interpersonal networks are communities on the internet that use a mutual interest or interests. It's a place on the web where individuals gather to communicate and understand about elements that they've in frequent. It offers them the capability to interact with one another. This is usually by way of blogs, email and instant messaging, forums and any number of on the net suggests of communication. Due to the way these networks develop, it generally presents some wonderful multi-level marketing and advertising opportunities.To have one of the most out of sociable community marketing and advertising possible you may have to become active within the community. The folks ought to see you as one particular of them and not a person wanting to use them or market them (even though that might be precisely what you choose to try and do). These folks will frequently listen to one another, especially people who have been around an extended time and use a solid reputation from the community. You will discover also people who are naturally brilliant and proficient in the topic and gain a big quantity of credibility by reason of it. If you are able to establish credibility it is possible to frequently have your thoughts and opinions carry weight.You will find some points that sociable circle marketing and advertising can do for you. Essentially the most obvious is that it provides you a bigger market place if fascinated and possible buyers. If this really is all you're shooting for, although, you will be missing out. You can find several mean that interpersonal circle marketing and advertising can advantage you.1 factor that interpersonal system promoting does is allow you to together with your study. It's a quite price useful indicates of discovering out what your target industry is fascinated in. It is possible to discover what their true requirements are, who these individuals are, the things they are drawn to, the things they appear for, and fairly a lot something else you could want. This is a very good method to throw ideas out and see the things they imagine about them. You are able to locate getting behaviors and the things they have purchased within the past. You will probably be capable to discover the things they like and do not like as well as what marketing and advertising tactics appeal to them.Interpersonal circle marketing and advertising can also assist improve brand understanding. You'll have got to attempt to not sound like you will be selling a thing. Significantly from the time this will turn folks off. Should you see a discussion going on about a specific point that you simply imagine you may have a solution for, tell them about your experiences and ask them if they've ever heard of it, Attempt to develop item awareness and subtly offer a link to somewhere they could uncover far more about it (your web site).The finest point about it, however, is that this is a quite expense useful signifies of communicating and interacting together with your target current market. Most networks are cost-free and it only takes a small bit of time to maintain interacting using the members on the circle as soon as you may have gotten established. From there the growth is somewhat normal. As communities grow, so does the sum of exposure you receive. The additional exposure you receive with sociable community advertising, the far more achievement you might have.

Home-Based Business - Why Bother With a Business From Home?

Having a business that is yours and you run out of your home is becoming essential as each of us works to maintain our existing life styles in this down economy. It is no longer safe to assume that your "job" will not go away. Businesses today have little to no dedication to their employees no matter how dedicated the employee is to the business. This is not to say that there truly are many businesses that do care for their employees and there are many that have gone to great lengths to keep employees on the payroll.Uncertainty of the FutureThe biggest issue is the economy and where it is going and how soon. I read many reports that should be reliable and the one thing that I believe that they all agree on is that there are no really good indicators of the direction of the economy that can actually be fully relied on. The economy has changed due to the changes in the things that drive the economy. The population of the "Western World" and the United States, in particular, is uncertain of their own current and future economic situations and some might even say that a large number are actually scared. Unemployment is high and we have seen no major indicators that it is going to turn around in the near future.Home Based Business, Is It For You?So, what can a person do to improve their chances of economic survival? Creating a home-based business is one answer. There are all sorts of business models to consider. A business based on the internet is more and more frequently becoming the answer. There are several models to choose from:
a business that can be run out of your home that requires normal type work in the field but uses the internet to locate and find work is one model and I know a few are doing quite well with the businesses that they have started.
there are numerous models for making money on the internet by setting up a business that markets either products or services via the internet. Using the internet for business provides another entire world of business models
eBay and eBay-like selling
websites that do affiliate marketing,
drop-shipping
directly sell and ship products to online customers.
Network and Multi-Level marketing companies are now using the internet to expand their ability to reach prospective clients/down-line.The possibilities seem endless. If you are willing to take the time and investigate leads, you can definitely find a business that is suitable to you that you can do from your home on either a part-time or a full time basis. With a bit of intelligence, careful pursuit, and dedication you can succeed.

Talk Fusion - What We Know About the Talk Fusion MLM Opportunity

In order to understand how the Talk Fusion MLM Opportunity began, we have to go back to 2004 when the wheels of Bob Reina's brain began churning. He didn't know it but he was about to become the CEO of a MLM opportunity called Talk Fusion.Bob Reina began thinking that many people would just love sending video emails to their family and friends. No one would have to miss their cherished vacation memories; family members scattered across the country would not have to miss a baby's first steps, or no more missing a best friend's wedding. The possibilities were simply endless.Bob searched all over the Internet to see if someone else was already doing something like this. Seeing that his idea was one of a kind, he knew that he had the best vehicle in order to get his product to a global marketplace.The revolutionary marketing system as well as its compensation plan that Talk Fusion has to offer will give you complete control of your life. Where else can you get paid daily? You can make a sale today and look forward to getting paid tomorrow. You will be able to determine the kind of lifestyle that you want and then it's up to you to create it.Talk Fusion will give you a proven method for success. All the factors that you need in order to succeed are in place. has an incredible product as well as a tremendous compensation plan. You will also be able to use two free revolutionary marketing systems.Talk Fusion's plan of direct telling is a much better way to make money. The answers as well as the solutions have turned the method of Direct Selling into that of Direct Telling.Compensation PlanNo matter if you are simply looking to supplement your current income or even replace the income you are currently making, Talk Fusion will be able to help you get there. The compensation plan that this company has to offer as well as the potential for fantastic residual income and even lifestyle rewards are great if you keep your eyes focused on the prize. You can earn such things as car bonuses, luxury vacations, and even unmatched cash performance bonuses in the amounts of $50,000, $100,00, $250,000, and all the way up to $1,000,000.Here at Talk Fusion the Independent Associates are the most important assets the company has so they are rewarded with a compensation plan that is very generous. Daily Pay is offered by as well as other amenities such as their Mercedes program. Talk Fusion's key to success is simple. Become Bronze, then become a Bronze Maker, and then it is your job to help others duplicate what you did and become Bronze Makers in your organization at Talk Fusion.

A Home Business Opportunity - Are Gold and Silver the Best MLM Programs?

With the economy in turmoil over the past couple of years, not only in the U.S. but on a global scale, many people are looking at different and creative ways to generate income and make ends meet. With the unemployment rate reaching double figures and well beyond in many areas across America, our lifestyles of three years ago have certainly been reduced to say the least.With jobs being slashed and uncertainty in the air, many people are taking action into their own hands by creating new sources of income. As a result an explosion in the home business industry is occurring as people everywhere are opening up shop. Only now their shop is within the confines of a cozy home in the attire of their choice. Thanks to the internet there is no longer a need to rent a brick and mortar site to earn a profit. As a matter of fact a store front is now often a casualty to the economy as well. Now our economic environment is creating a niche' for the gold and silver MLM as a solid network marketing opportunity.As the U.S. Dollar flounders during our deep recession the value of precious metals continues to steadily rise. Some economic specialists predict that the ceiling for escalating gold and silver values is nowhere near its peak. Precious metals forecaster Michael Maloney believes that gold and silver are only at 20% of their ultimate peak value. Whether this proves to be true remains to be seen. However, there is no evidence of a slowdown when considering all of the unpredictable economic indicators.So how does this lead to the development of a gold and silver as the best MLM program or at least a very popular one. There are several factors leading to precious metal popularity for sure but three primary factors favor the gold and silver MLM.1. Obviously the state of our economy is primary. More people are looking to make an income any way possible and MLM or network marketing opportunities are taking off in popularity.2. The values of gold and silver are skyrocketing and collection of gold and silver bullion and coins are a sign of public concern. Precious metals always hold value and represent the standard currency in many nations for centuries. Gold and silver are truly a safe and secure investment with values looking to rise for quite some time.3. Compared to consumable products, which account for more that 40% of all network marketing companies, gold and silver offer increased investment value resulting in improved personal or household assets. In essence a gold and silver MLM actually market real sustainable money. The value of these metals may be worth three or five times their current value in the next five years giving owners a huge return on investment.Like any business model, MLM network marketing success is not typically due to the product itself but with the business owner who through effort and dedication is able to introduce and build value through the product offered. Now in today's world it does not hurt when your product is gold and silver because many people already understand its true asset value and realize that it may someday be our currency once again.

LYF Pre Launch Business Opportunity Review - "Is This Just Another MLM?"

Billionaire Michael Han has just recently invested 300 million dollars into the multilevel marketing business opportunity industry with LYF. LYF is based in a large array of individual products from technologies to home care products. So is this just another MLM opportunity? And, will it last?LYF is at the moment in pre-launch and comes with the support of billionaire Michael Han. Mr. Han has been in the network marketing industry for over twenty years and brings with him a line of innovative products. Many of the products have yet to be included on the website itself at this time due to the fact that this is a very new offering to the public. Some of the products can be found there and most are based around the health and wellness aspect of our lives from a nutritional supplement chew tablet. On the home product front basic supplies such as laundry detergent, antiseptic wipes and cleaning solutions to name a few that will be the largest offering to the consumer. On the technology side of the coin with LYF will be offering what is called LYFNET which is a combination of simple phone service, toll free service using broadband, wireless services and an Internet service.The business opportunity is based in network and multilevel marketing plan. Upon the cost of enrollment, the new member will receive a replicated website as well as the products purchased to get started. A Replicated site by no means guarantees traffic to the site itself and this is something that the member will have to learn over time. Network marketing involves marketing to friends and family, then slowly creating a list with those new member's friends and family who might be interested in their own opportunity with LYF.The company does seem to have some quality products, but the compensation plan is typical of many MLM opportunities in this industry. The plan comes with of course a commission on the actual retail sales of personal volume (PV) example; 100pv sold = 25% commission. The other 6 levels of compensation are based upon a total of team (pv) sales with a smaller 5%-3% base commission payout. These bonuses are based upon a monthly and quarterly required amount of sales that will need to be retained at the end of each time period to qualify for the individual bonus level.LYF does have quality products, but it is always wise to complete all due diligence before entering any opportunity online or offline. The health and wellness, household product and technology multilevel marketing industry is highly saturated. Learning how to brand "yourself" as a leader quickly in this business opportunity will be a must.

An Explanation of the Binary Compensation Plan in Network Marketing

In the 90's the binary compensation plan was released. The premise is that it is only 2 people that anyone person would have. The companies will hype, all you need to do is find 2 and make it sound incredibly easy. Now, when you find a third person or above, you place the person under someone in either leg. This was done to promote helping your people to find others and build your business as you help others build theirs.Let me explain how the compensation works. You have two legs and for simplicity sake, the leg on the right has 1000 points. You are feeling good! Now you look at your left leg and they did 2000 points of volume. Now, anyone would feel that is great, you had 3000 points for the month. But hold on for a second. You are only paid to the point the legs are equal. So you would be paid on the 1000 point leg on the right and you would get 1000 points on the left. But the other 1000 points you worked hard to build is lost. Gone... you don't make a penny on it.Now, sure, this is where your upline will tell you that you need to balance out your legs, and not to worry, you will not always limp. Now, here is where I really get concerned with compensation plans, because if all people are equal and they are all go getters, that is nirvana. But, you will have some work and others expect you to do it for them. Now, when you think you have balanced the legs, your upline is needing to balance his legs. So, this is where you need to be careful because they may be getting you out of balance, and it will continue up the path from you. In this compensation model, you have to balance the the go getters and slackers. When you are sponsoring into network marketing, you never know who will do what. Your success will be based on what the people do in your organization. Now, the fact that most network marketing companies do not teach methods that will get people attracted and making money and not dreaming about the money, really will impact you. You need to have a system of activities that people need to do to be successful.Now, in this compensation model, who do you want to help? You want to help those that are actively working. However, what happens with that? If I do nothing, I know you have to help me. This will be placing people under me to succeed so it balances your legs. So in essence, people are not rewarded on what they are doing, in this, you may be rewarding those who are lazy.I would definitely encourage you to become educated on how to build your business. I would recommend that you want to find customers who love the products, and then you place them on each side of your business. Then you can show them how to get their products for free, by doing the same thing of finding customers. Get with a proven networker out there that is willing to teach you how to build your business.