Home Business: One of the fastest-growing industries today. Everyone knows it, and you want and deserve a piece of the pie. So what is the key to making these businesses work? Well, here are a few questions you need to answer-
1. Am I TRULY self-motivated, or do I thrive better on the accountability of having someone over me making sure that I stay sharp and on the task? There is nothing wrong with that! Be honest with yourself. You will be doing yourself a huge favor to disqualify yourself early rather than make an investment that you are unable to recover.
2. Is the business model TRULY duplicatable? What makes fast-food franchises so successful? Is it because their hamburgers are the best on earth? Of course not. It's because no matter which one I go to, my burger will taste the same. So, realizing that 97% of new businesses don't make it, it is important to know whether this model can work for you, or if your advisor is the only one making any money.
3. Is the product TRULY valuable? Are you selling five-and-dime knick-knacks, or are you selling a new and innovative product for which there is a real market? Come on, folks! The internet is a MASSIVE resource. Anyone who has the work ethic, the product, and the know-how can start an amazing and profitable adventure.
Well, this just scratches the surface. So, while considering your next business venture, make sure you do your due diligence! The future is before you! Carpe Diem!
Christian Crocker is a successful Home Businessman who is presently looking for interested entrepreneurs to forge their own financial destinies. Are you coachable? Join a winning company with a duplicatable business model that can help you exceed your goals!