Free information: Do not start a internet home based business before reading this article.

Before joining any network marketing or direct sale company, first consider what will put you on the path to success rather than failure, frustration and disappointment. Among the many individuals that fail in this industry, there are people in the network marketing industry working their business full-time with no J.O.B. So it is possible to make money in this industry. Granted, they represent roughly 3% of network marketers, with only 1% earning a 6-figure income. Now, the question for you is how can you increase your chances of succeeding in the network marketing or direct sales industry.

When considering joining a home based business opportunity, you need to consider several deciding factors before jumping in both feet.

First, determine if starting an Internet home business is really what you desire to do. This industry is not for everyone because it takes the right mindset, a certain amount of persistence, consistency, discipline, focus, and of course time.

Just like in any business start-up, you will need an initial investment. You can start a business opportunity for free, with very little or a couple of thousand dollars investment. But remember that you reap what you sow. Usually, the less you spend on the opportunity on monthly basis, the more work you’ll have to put in. With that being said, determine how much you are willing to spend for your initial investment and what monthly marketing budget you can afford. You and only you must decide the level of success you want. Adopt the right mindset from the beginning. If you are looking for a hobby, then expect your business income to reflect that decision. If you are looking for wealth beyond your wildest dreams, here’s a secret. You will require time, patience, discipline, focus, and most of all money. Again, you reap what you sow.

An initial investment of $500-2000 is recommended. Including $300-500 in monthly marketing expenses. The break down should be more or less a $1000 to start your business, and the rest should be 2 months worth of marketing expense to get started. This should give you enough time to replenish your monthly marketing fund without disrupting your finances.

One crucial thing to do before joining any income opportunity: Do your homework! Do some research not only on the company, but also on the individual that could be sponsoring you. The last thing you want is to make an emotional decision and suffer from the “buyers remorse” syndrome. If your desire is to be wealthy working at home, it is recommended to be sponsored by a person that is a leader and is as financially successful as you want to become. The next best thing is to find someone that works directly under this person, so you can have access to them.

All this is important because you will not be familiar with the system right of the bat. The right leader will help you in that department. As you start, build momentum, momentum, momentum. This will avoid you making costly mistakes that will delay you getting your first check.

The process of generating income must be one you are comfortable with. Know your strengths, weaknesses, and preferences. Do you enjoy spending hours cold calling? Doing presentations? Asking for the sale when closing prospects? Selling? Know what kind of system would better suit your style.

You are about to make an important life decision. You found a home based business idea. Just remember that if you want to be extremely successful in this industry it will only be possible for 2 major reasons: Because you are a savvy marketer and a great leader and mentor. You can only be as great as each individual on your team is. Accordingly, be ready to adopt a life-learning and sponge mentality. Always embrace training. You are in business for yourself now and need to think and act like a business person who takes care of its business partners.

So do your homework, then, remember to be consistent, disciplined, and focused with your daily method of operation.If you want to post comments or questions regarding this article, go to http://marketersresource.blogspot.com

For free information, contact Mick Lolekonda at 780-628-2593 or justmick@whoismicklolekonda.com Learn more about him at http://www.whoismick.com

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