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Home Business Entrepreneurs: $120,000 Hindsight. Part 4 of 8
Friday, 28 March 2008
By charles challis

  Are all home business entrepreneurs the same? During the course of my research the difference between each prospective entrepreneur became more and more noticeable. One person would make 50,000 GBP and another would lose 5,000 GBP with exactly the SAME opportunity.

If you talked with the successful person they would be delighted and full of praise for the business system. Yet the failed individual would usually be bitter and full of recrimination - about the same system.

Possibly The Single Biggest Obstacle

This observation, and after talking with hundreds of prospects, convinced me the main difficulty for the average home business entrepreneur is likely to be the person in charge. Themselves. Who wants to hear that?

The solution is also NOT the obvious one.

The straightforward solution seems to be to model the patterns and behaviour of successful entrepreneurs. There is some validity to this argument, but hands-on experience came up with a far more important aspect.

The Hidden Reason

Something I believe to be a major - if not THE major - player in
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Last Updated ( Friday, 28 March 2008 )
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Multi-Level Marketing Can Bring You Big Rewards
Thursday, 27 March 2008
By Chris Simpson

  While doing research on ways to earn income from home, you've probably stumbled upon the term multi-level marketing (MLM) at least once and have wondered exactly what that entails. Think Mary Kay and Tupperware where you market and sell a product from a distributor.

How can you benefit from this? Think of a product that you already believe in. If you're a fan of Mary Kay cosmetics already, there's an initial reward to multi-level marketing if you sign up to be a consultant because you'll be able to purchase products at a discount.

There are initial costs associated to sign on as a distributor or consultant with a company and they typically cover quality marketing materials and a starter kit to help you get going with your new found business. MLM companies are great for stay-at-home-moms who simply want to supplement their income or for people who have full time jobs who want to earn additional money.

Once associated with a MLM company, you'll need to start networking so that you can get your product in front of people.
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Last Updated ( Thursday, 27 March 2008 )
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