Work at Home Business – How to Choose the Right One

The first time I thought about starting an Internet based business was several years ago when the company I worked for decide to do some serious cutting back. Although I did avoid being laid off, my paycheck was nearly reduced by one half. To even have a job was something I was grateful for, but my new reduced paycheck was not even coming close to paying the bills and living the lifestyle I had become accustom to.

Since I felt myself to be somewhat computer literate, I figure I could make a living on-line. After all everything I saw and read showed me it was the easiest and fastest money I would ever make. The truth is I was spending a lot of money and seeing absolutely no return on the money I was investing in all of these “programs” that promised me I would so be sitting on some tropical island drinking from a coconut and soaking up the sun.

I must have tried half of the programs out there at one point and it did not take long to realize that the $10 for this program and the $49 for that program that I was spending was getting me no where but further in trouble as far as finances go. The more I did and the more I tried the broker I seem to become. I even stopped for about six months because I became so dis-enchanted with it all.

It was after this break that I slowly started thinking that there has to be a way to make money on-line. I figured if I quit jumping from program to program and picked one to work on and dedicate myself to it that maybe I could succeed. At that point i did more research and decided I need to build a list of subscribers I could market to. I found what I thought was a good program and sure enough I started building a small list of opt ins to market to.

The next step was what to market. I did learn the first time around if it cost nothing to get into a particular business, then nothing is more than likely what you will get out of it and that is exactly what I got. The lesson there for me was that this is a business, and in the real world how can you expect a business that does not cost anything to start make you money enough to live on? You simply can’t.

The beauty of having an Internet based business is although you rarely make nothing from nothing, with even a minimal investment of one hundred dollars, you can start a profitable business that will build into something you can make a good living from. I finally hit on a business that will allow me to retire at least several years ahead of my official retirement age (I am now 56) and finally see some degree of success.

This is something that yes you have to work at, but it is real and it is an investment and the best part, it cost less than $100 to start. There is a monthly web maintenance fee, but lets face it. if you are going to have a business whether it is a brick and mortar or on-line based, there are operating costs involved. That’s why when we make more than we spend it is called profit. I don’t know why that was so hard for me to get in my head when I first started, but hat is the way it is.

What this business is based on is helping people sell their big ticket items like cars, campers, boats, planes and even houses. Most people either advertise their stuff on EBay or Craig’s-list , and some are successful and that is great. The problem is simply that the two places I just mentioned are single sites where your ad is posted one time per site.

What we do is post ads for them and post to multiple sites at a time thus giving them ten or even twenty times the exposure and thus increasing their chances of finally selling their item and selling it far faster than they could otherwise. This is a huge advantage for anyone wanting to sell their item, especially in this economy.

The one thing I like is that this will be capped at a maximum of 10,000 affiliates world wide so that the people who do choose to be a part of this business are assured they will make plenty of money as compared to some on-line businesses that have five or six times as many “associates” and only the top five percent or so actually do well.

I am happy to finally have found something that is real, profitable, and recession proof that I can count on to help me retire far ahead of my original plans, and help me live more comfortably along the way. Yes I have to work at it and yes it does take some of my free time, but I found out early on that the old saying still holds true. You can’t get something for nothing. Big Ticket Depot and Big Value Depot are proving to be valid rivals for a share of the online auction industry. Maybe you need to look at this opportunity to see how easy it is for you have your own work at home business, and break free from your current situation.

Investing in Private Placement Trading Programs – Is It For You?

Private placement trading programs are the opposite of public investments. Unlike public investing opportunities, only a small number of qualified people will be invited to invest privately in a company’s business interests. From there, investing in private placement trading programs results in a profit for investors. The private transaction typically takes place between two parties and a middle facilitator. When it comes to all the investment opportunities that exist, this is truly one of the most lucrative options available to you. This kind of trading is based on the fractional reserve banking system, which is not a difficult concept to understand once you learn how it is tied to this kind of investing.

Once you have a clear understanding of what investing in these kid of programs involves and how fractional reserve banking comes into play, you must discover a way to get into a trading platform. This step near the beginning of the process can be the most difficult of all. This is because private placement trading is exactly that-private and secret. If you want to get involved with these programs or other alternative investment opportunities, you need to get in touch with an investing and trading company.

Getting started in investing in trading programs can yield huge returns. Placements typically start at more than $1 million and there is no cap as to how much you can invest. With this amount of money you may be given estimates from brokers of unbelievable possibilities in return amounts. It may sound too good to be true, and it probably is. To keep yourself from becoming greedy, you need to keep a realistic view on your investment and potential returns. Some opportunities may indeed yield incredible returns because this is a lucrative investment opportunity, but others many not meet up to your expectations. This is simply the nature of investing in private placement trading programs.

The best way to make money with trading programs is to find a genuine opportunity. The last thing you want, after all, is to be strung into a deal that ends up being illegal or illegitimate in some way. To spot an opportunity that you want to avoid, see if national brokerage firms refuse to become involved in the private placement program. When this happens, it may be the case that the brokerage firm has been bitten when investing in private placement trading programs before and they want to avoid a repeat occurrence.

Network Marketing and Promotions

Does offering promotions to your prospects attract the wrong type of person for your network marketing business? It depends on how you do it and what you offer.

Today’s economy coupled with the “something for free” and “get rich quick” mentality that many people have adopted in the recent years pushes many networkers to feel as if they need to offer something more than their business to win the business of others. While this can offer some quick results in the short term it will lead to higher attrition in the long run.

The Start Your Business for Free Promotion.

Is your company offering a start your business for free option? We all know that starting a network marketing business is just like any other business- it takes diligence, sweat, hard work, and an investment of not only your time but your money.

Is offering a way to start a business for free the way to go? What kind of loyalty are you going to get? What kind of drive and motivation are you going to get? What kind of value?

Take this example:

You see a couple of high school boys with their cars. One has a brand new convertible that his parents got him for his sixteenth birthday. He is reckless with it, it is dirty and unmaintained. The other has a ten year old four door sedan that he bought from cutting lawns in the summer. It is clean, shiny, oil changed- as pristine as he can get it.

And what is the difference? Value. Investment. Work. If you hand someone something on a silver platter it is not going to mean as much as it would if they had invested in it.

Some network marketers will argue that if you focus on getting their foot in the door and off the street you will have the chance to show them the value in hopes of converting them to a paying business partner. That giving them a sense of the camaraderie of the business and more of an insider look will help your conversion rate.

But in reality what ends up happening is you spending a lot of time training people who run in the other direction when they realize that network marketing is a real business that takes work.

The only 24 hours until the price goes up tactic.

How many times have you seen this on a website only to go back two weeks later and see the same thing still there? This type of pressure tactic only works for a certain personality. Many people will feel threatened by this and most of those who do join only join because they are afraid to miss out- not because they think your business is the right one for them.

If you do offer promotions like these- stick with them. If you truly have a 48 hour promotion keep it a 48 hour promotion and then let it end.

There are times that this tactic does work well. Namely, when people have already joined your network marketing business and you are wanting to offer a special on a product or an upgrade promotion. These people already know your business because they are in it and are just being offered a limited time promotion.

The added bonus promotion.

This is the best promotion for a network marketer to use and see tangible and lasting results. With this promotion you are not discounting product, you are not pressuring people to make a snap decision but instead you are offering them value.

The added bonus promotion can be in the form of additional product items received but you will increase you profitability and the longevity of your new business partners if you give added bonus items that teach skills and offers real business building tools.

So what can you offer as an added bonus?

  • Coaching sessions and trainings that are special to your team
  • Ebooks and cds that you have the ability to give away for free
  • A list of blogs, websites, and forums that are good for your particular company
  • Tutorials on promoting your business

By combining a few of the above items you can put together a pretty impressive package that draws people into wanting to be on your team and in your business. This will attract the type of person who is looking for a real business and a real opportunity.

So should you use promotions in your network marketing business?

Yes- if it gives value, provides a building tool for your new members, adds longevity to your members, and projects yourself as an innovative leader in you company.

No- if you are pressuring, using the something for nothing mentality, or giving something away that will leave you with little to no profit.

Choose your promotions wisely- they can make or break your network marketing business.