You have started a brand new Home Based Business, now what? If it is product based, you have a lot of work to do. Place your first stocking order, or at least arrange to pay for it up front, including shipping. And, can you accept a pallet loaded with boxes full of what you are going to have to sell? No? You do not have a lift truck or a loading dock on the end of your ranch style bungalow? That is ok. As long as you have a couple of good strong backs to help the Truck Driver hand bomb the stuff off the truck, we will get rid of the pallet for you. No cost.
Do you have space set up for incoming and outgoing product? Ya, the Courier will only pick up after 2 PM, otherwise you are going to have to load it into your car and drive it to their depot.
Your Sponsor has not gone over any of this with you? No surprise. He is likely doing all of that stuff for his own operation right now. But I am sure he will get to you so you can go through the Training Program. There is no Training?
This is the exact point where Companies and Sponsors lose their credibility and you, no training. There is no path to success. You are pointed in a single direction and told to, “Go forth and prosper.” Some can do that, but not many. Some will make a go of it and most will look at the piles of product in their garage or basement and then go find anything they can do other than make calls, get sales and put some money in their bank account, to pay for that product.
A couple of months may go by and your sponsor calls. He noticed through his online reports that you have not been selling much and is wondering why. You tactfully state that you have been out pounding the beat and talking to tons of people and you have some great prospects all lined up just waiting for their paychecks to come in next week. Sadly, your Sponsor is satisfied with your response and gives you an, “Atta boy,” and hangs up.
He may call again. You may go through this dance for a year. Then he stops calling and your Renewal comes in the mail. There you sit. No sales, no new people in your, um organization of one (you). You let the renewal slide and a few months later, you realize that all you have to do to get out of this mess is figure out how to make all that product you bought disappear.
I offer this comment as advice. You may be stuck with that product for years.
How can you ensure that this does not become your story? How can you know that you are signing up with, “the right company?” The truth is that many people are exposed to the best marketers the company has to present the business opportunity. They see it and they sign up. Done. This is a fatal error for at least 90% of people who get into a home based business.
If you want to start a home based business, begin with proper study. Start by evaluating yourself;
1) Do I have the skill set to work on my own?
2) Do I have sufficient contacts to be able to make any business succeed?
3) Do I have the funds to start a business?
4) Whay type of business am I best suited to?
5) Will I stick it out?
The last question is likely the most important one. All have their merits and are essential but if you cannot answer the last one positively, then, the rest do not really matter.
Now, let me put the Sponsor cap on for a while. As a Sponsor, it is essential that I find, (recruit), new people into the business, into my organization.If I do not take, “Ownership,” of my group, then I will never succeed. If I do not take ownership of my people in my group, they will never succeed. All you have built is a house of cards and a means by which you will not make a lot of friends.
It is insane for this to happen because the answer is simple; 1) You are a business owner. Take charge and take responsibility.
2) When discussing the business opportunity, ensure that the prospect is someone you know you can work with.
3) Also make sure that you are signing some one on who is going to follow through.
4) Train your new people. Do not just go through the motions. Stick with them and give them as much knowledge as you can, all the time, until you know they are able to continue and succeed on their own.
5) Bi-monthly calls will not get it done. Communicate and make sure your new people are comfortable calling you and meeting with you regularly until they know what they are doing.
The answer, truly, is, “Focus,” and where you put it. Focus on the wrong things and you will never succeed. Focus on your people and do what you have to do to give them the best example to follow,
When you are working with a Supplying Company, and there are many of them out there, remember that their quality may be very high, and that is the hook they use to justify a higher price. In return, the extra pays for your efforts, and if they require a minimum stocking order, you get to be their warehouse too.
So, when working with any Supplying Company, you may want to consider these points and look to companies that work without you having to touch the product. Oh, but wait. Even if they do all the work and ship it as well, your Customer is still going to have the cost of that shipping to handle on their own. Still not the best of all worlds.
By now, you can see that it is imperative to do your research, do your research, did I mention, “DO YOUR RESEARCH?”To that end, click on the Contact tab here and let’s have a chat.