Home Based Businesses are Booming!

2010-06-20T19:22:00.000-07:00

The 'Business of the 21st Century' and a 'Recession-Proof Business'

Warren Buffet, who owns 3 direct selling companies, calls it 'the best investment I ever made'

It's not just about direct selling products - it's more about direct selling a business opportunity and buying the products for your own use. It's an industry that has grown steadily over the past 20 years, jumping 91% over the last 10 years.

SALES: $100 billion worldwide a year
55 million people involved worldwide

Business is booming

Why?

World of mouth advertising (no large advertising budget - no advertising budget at all
Home based business boom
Low risk (low start up costs) - high return potential
No experience necessary

Everyday we are bombarded by advertising - TV, radio, billboards, internet, e mails, bus / tram ads
We don't trust the media anymore.
But we do trust the recommendations of our family and friends

We do it everyday when they tell us about a good movie they've seen, a good restaurant they've been to, or a product or service they've bought or used.
Nothing sells better than a friend's recommendation. It's called Referral Marketing or Word of Mouth Advertising.

Instead of paying millions of dollars a year in traditional advertising (MacDonalds, Pepsi, Coca-Cola spend over $50 million a year), companies pay the people who use, recommend and enthusiastically talk about their products.

Word of mouth advertising - At work
                                           Over lunch or a coffee
                                           Facebook, My Space, Twitter, MSN or other social media sites
                                           Over the phone

Marketing expert, Tom Peters calls it, 'The first truly revolutionary shift in marketing'.

Years ago it was - get a good education, go to university & get a degree, get a good job.
Going into business was frowned upon as it was too risky.

Today, 1 in 8 US homes have a home based business.
So now really is the time 2 run with a home based business!

Paul Zane Pilzer, futurist and economist, says, 'We're in the midst of a boom in home based business and it shows no sign of slowing down'.

Working from home means, no more commuting to work & no more boss, choosing when to work, where to work & with whom you work.

Home based business is not the way of the future - it is the way of the present.

It's a business, should be carried out as one & not as a hobby and you get substantial tax benefits from it.

There are some great money making ideas on the net which if carefully selected can reap great rewards.
AliveMax is a company that distributes oral sprays for multi-vitamins, weight loss and a range of anti-aging and face lift products that are expanding and pay their distributors well.

Starting a business from scratch can be expensive and risky but not with a home based business because you also get the tools, the system, the training and mentoring you need and you can be profitable almost immediately. But it is not a get-rich-quick scheme. It does take time to 'retire' from traditional work.
It has low start up costs, ease of entry & unlimited income potential.

David Bach, best selling author of "Automatic Millionaire" says, 'The beauty of a home based business is it's all done for you. All you need to do is find a reputable company that offers a product or service you believe in and can get passionate about'.

Anyone can do it!!

No prior specialized education or business training
No glass ceilings
No gender or age discrimination
World of mouth advertising
Home based
low start up costs, low risk and high income potential
No experience necessary
No commuting to work
No set hours
Can be done anywhere
Comes with training, mentoring, tools and a system
No resume needed
Time and financial freedom
No buildings to rent, no staff to employ, no creditors, no insurances
Regular income - Parent company pays every week or month, on time

On the other side of the coin there is:

Need for self discipline
Need to be passionate about the business and products
Need to set goals
Not as 'sexy' as being a company executive
No status

World wide best selling author of "The 7 Habits of Highly Effective People", Stephen Covey, says, 'It's an entrepreneurial opportunity where people can use their talent and their passion towards a greater good.'

Examples of home based businesses that the author is involved with are - Amway, Quixtar, Alive Max, Your Online Shopping Centre. Other homes based business the author recommends are Herballife, Mannatech and Dubli.

Types of home based businesses are Network Marketing, Affiliate Marketing and Multi Level Marketing.

Recommended reading is 'Is MLM a Scam at http://ismlmascam.blogspot.com/

Alan Bennett Marketing

http://www.time2run.info/
alan@time2run.info