Many opportunity seekers are looking to generate passive income from a legitimate mlm internet business opportunity, work from home business opportunity, etc. They desire to become successful and make money from home so the current economic conditions won't seriously effect them.
However, before rushing to sign up for any business opportunity, whether it be some sort of internet affiliate program, multi-level marketing opportunity, direct sales opportunity, etc., the would be entrepreneur needs to always ask this crucial question. The question is, "Has the company I am considering passed the "early failure timeline?"
You see, any new home based income opportunity should be able to past the two year test. Why is this? It is because 99% of those new "ground floor" opportunities and start up companies don't last for two years. Therefore, it would not make good business sense to waste time and effort building something that will evaporate after a few years. So, there should be no rush for potential reps to get in a "ground floor" opportunity. After all, if a company is good today, they should be great tomorrow. It is important to not fall for all the hype that abounds on the internet. One needs to learn to see clearly through all the smoke and mirrors before decisions are made.
In addition, distributors should consider that profits usually come after two years. Most new companies do not make a lot of money the first two years due to "pre-launch" start-up issues.
On the other hand, it is good to avoid a network marketing opportunity or any company that has gone way past their momentum phase and are now household names. This is important to consider since the potential for big growth is long gone.
Another important point to consider with any online business opportunity, including a mlm business internet opportunity, is to never join a company with zero profit margin! For example, if a distributor joins a company whose products can be found in Wal-Mart for 50% less than what the company sells them for, the rep is set up to doomed to fail from the start!
There are many home business opportunities for people to choose from now days on the internet. It is crucial to consider the "timing in the company, timing in the industry" issues and if the company has passed the "early failure timeline". This will save all years of failure and frustration who are seeking to have a very successful mlm internet business opportunity or any other type of home business.
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Tuesday, June 9, 2009
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