How to make money in a Home Based Business!

February 8th, 2008 | No Comments |

The first bit of advice that I can give when starting a home based business is to choose a business opportunity in Direct Sales. Stay away from the MLM’s of Network Marketing if it is true wealth that you seek. I know plenty of people that have worked their tails off in an MLM, become a top ranking earner but yet still have to have two or three other businesses or jobs to make their bills. They still struggle. Many people that I work along side with in this home based business have come directly from an MLM because they weren’t seeing the results they were looking for. Is it possible to make money with them? Yes it is, but it will take you a heck of a lot longer to do it.

The reason I suggest Direct Sales is due to the compensation plan. Now there are many different Direct Sales business opportunities out there with many different compensation plans, choose the one that supports your financial goals. The compensation plan I am accustomed to pays me first, and then the wholesale company. I collect payment for the product and then forward the company their share. My keep is about 60% of the total cost of the product. I don’t know of any business, retail or wholesale, that has those kind of profits. That is huge!

Most of the time, with a Direct Sales Home based business, your commissions are going to be fairly large. I know with most MLM companies you get $20 here and $30 there for the sale of a product. Try $1,000 here and $14,000 there for a change. If you are looking to create some true wealth then I don’t know of any other Home Based Business that can provide the level of income this one can.

Do your due diligence when choosing a Home Based Business. Make sure it has a track history of success and talk with someone who is doing it. Jump in with them as a student. Follow the system they have prepared for you and whatever you do, do not try to re-invent the wheel, so to speak. The system is there for a reason….for your success. If it just so happens that you are looking into my Home Based Business, I look forward working with you. With just a little bit of capitol at start-up, you can blow your bank account through the roof.

David Allred is the author and creator of CFW. David has been teaching entrepreneur minded people how to earn a full time income working from the comfort of home for nearly a decade.

Think about it. Never miss your kids’ events, set your own schedule, choose your own income and enjoy a lifestyle and income which most people only drool over!

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