Home Business Opportunities – Four Home Based Business Opportunities To Choose From

Home business opportunities are virtually everywhere you look online. And the promoters of each home based business opportunity often claim that the opportunity they promote is the best business opportunity to join. This often makes it difficult for newbies to make the right choice, the choice that best suit their situation. This article takes a look at the four broad categories of home business opportunities so you can identify the option that suit your circumstances and therefore make informed choice.

The four broad categories of home based business opportunities are:

1. Opportunities that involve building an information rich web site from scratch and thereafter monetizing the resulting traffic

2. Opportunities that involve joining affiliate programs that offer unique affiliate links for promoting the affiliate product or service

3. Opportunities that involve joining a network marketing home based business opportunity that offer free distributor web site to members and

4. Opportunities that involve getting paid a fixed amount for completing a set of tasks online

Let’s take a closer look at each option above.

The first online business opportunity involves building your dream online business from scratch.

The right process requires you to do the following:

  • identify your passion
  • brainstorm topics that fall within your passion or interest using appropriate brainstorming software
  • identify a profitable niche that matches your passion or interest
  • Assemble low competition keywords that define your niche
  • Draw up a site blueprint
  • Design your web site
  • Write content for your web site using the low competition keywords brainstormed earlier
  • Promote your web site massively online
  • Add income generating streams to your web site
  • Cash your money month after month

If you conclude that the above process is tedious and time consuming, you’re probably right.

But why?

It’s because it’s business… it’s online business. And online business takes time, effort, and creativity just like offline does.

The second home business opportunity mentioned above is affiliate program marketing. With this type of online business, you join the affiliate program of your choice and promote the affiliate links you’re given using a blend of online marketing techniques. Some online marketing techniques will produce more results than others. So, you need to track your sales promotion efforts or campaigns to determine what works and what doesn’t for the specific affiliate program you promote. Then drop campaigns that don’t work and do more of what works.

The third category of home based business opportunities are MLM home business opportunities that offer members free distributor web sites to promote the MLM business opportunity. As with the affiliate program model, members of this type of MLM business opportunity promote their member web site url and register new team members using the tools on the member site they were given.

The fourth online business opportunity involves completing a set of tasks in expectation of being paid a pre-determined amount.

This kind of opportunities include:

  • paid to write
  • paid to attend to customers (online customer service jobs)

… and other such online job opportunities.

WARNING: Verify that the internet job opportunity you’re interested in is legitimate before you join!

Each of the home business opportunities described above have their pros and cons.

Option 1 above requires you to do a lot of work without immediate reward. With this type of online business, you’re basically writing an online book or journal. And you don’t get paid for writing a book until it’s finished and it starts selling, right?

In simple words, this option is a long-term business where you build traffic or your own customer base through content writing and marketing. This is a tedious but rewarding way to build a long-term business. With this type of home based business you own your traffic or customer base. And when you own your traffic, you own your business.

Option 2 is affiliate program marketing. This system involves selling a product or service by finding a market for it. Depending on where you advertise or promote the affiliate programs, you can begin to make money right away.

Here’s one thing to remember though.

Not everyone makes money from promoting affiliate program products despite spending a lot of money in advertising.

Why?

It’s because affiliate program marketing success requires a set of skills. To succeed, you need to learn the skill-set that guarantees success. Option 3 is much like option 2. You get paid for promoting a network marketing opportunity.

However, unlike most affiliate program opportunities that are free to join, virtually every network marketing home based business opportunity require members to join with a registration fee. Besides the registration fee, members must buy at least one pack of the MLM product they promote every month to stay active and qualify to earn commissions (at least in most programs). This means there is a maintenance cost for most MLM business opportunities.

Option 4 is the most direct form of online business. You get paid to complete a set of assignments. The problem with this is that it’s like having a day job… when you stop working, you stop earning. Whereas with the other kinds of home business opportunities discussed above, you can build your business to a point where what you earn far outweigh the efforts you put in. And you can put your business on auto pilot.

What home business option is right for you right now?

It depends on your current circumstances. In my candid opinion, the overall best option is one that allows you to build a long-term business and put your business on auto pilot down the road.

I’m talking passive income!

Bottom line.

It’s your life. Choose how you want to live it.

Choose the opportunity that works for you.

Pro’s and Con’s of Business Opportunities

The concept of a business opportunity might not be completely understood, simply because it can apply to so many different situations. For the purpose of our discussion here, we will not be talking about franchise opportunities. Otherwise, almost anything goes–from distributorships to vending machine routes, from network marketing to dealerships. Business opportunities can be online or be located in the real world. In general, a business opportunity is the sale or lease of a product, service or equipment that enables you to start a business.

Business opportunities usually involve a product and they may have a location, although the online world is quickly changing that. The assumption with a business opportunity is that there is a market for the product or service and there is the potential for profit. Initial fees for taking advantage of a business opportunity vary and there may be a buy-back or guarantee provision. Business opportunities usually come with some sort of marketing program as well.

A “business opportunity” doesn’t normally refer to the one-off sale of an independent business. Business opportunities normally consist of a system or set of procedures that can be sold to more than one buyer in more than one location. With the sale of an independent business, they are usually no continuing obligations between the seller and the buyer. The buyer can do anything they want with the business they’ve bought, and there’s no requirement for a continuing relationship with the seller.

There are many advantages and benefits connected with business opportunities. They normally have a lower initial fee and lower startup costs than a franchise. Business opportunities are normally based on a proven system or product, so you can profit from the experience of others. There may be a training program connected with the business opportunity and longer-term business counseling may be available as well. You benefit from the buying power of a larger company and you can often take advantage of cooperative promotional activities and advertising.

But the world of business opportunities is not always perfect. The company offering the opportunity may not always have your best interests in mind. There may be a lack of support at some times. Exclusivity clauses (meaning you can sell their product and no others) may hinder your ability to compete in the marketplace. It’s not unheard of for parent companies to go broke or declare bankruptcy. The bottom line? Anytime you consider taking advantage of a new business opportunity, it’s your responsibility (not someone else’s) to diligently evaluate both the company and yourself.

First of all, are you truly ready to take on a business opportunity? In addition to having the financial freedom to take a chance, do you really have the passion and excitement to put into a new business opportunity? And what about time? Do you have enough time freely available to devote to the success of this business opportunity?

Successfully starting up a new business requires complete knowledge of your product or service. If the company is not willing to immediately and cheerfully provide that knowledge, then you should quickly back away from this particular opportunity. Do some market research of your own. Don’t take the company’s word for it that a rabid demand exists for their particular product.

Investigate the company’s record of past success and try to interview someone who’s currently involved with the business opportunity. Has the company lived up to its promises and fulfilled its obligations?

What sort of income claims are connected with this business opportunity? You should look for assurances of reasonable income, but at the same time there should be no limit on future income. Promises of fast and easy riches should be a warning for you to stay away. How many years has the company offering the opportunity been in business? What sort of reputation do they have? Are their ethics and standards compatible with yours?

There’s no shortage of business opportunities available. It’s a fairly simple matter to find something that appeals to your interests and fits within your startup budget. But don’t allow yourself to be rushed into any arrangement. True business opportunities based on proven models will have no trouble waiting for your careful consideration.

Secret Methods of Home Work Business Opportunities Scams

Home work business opportunities scams have become the order of the day on
the internet. And the menace continues to grow in leaps and bounds. Each day you
come across newer and newer scams and scammers. In fact, if you happen to be a
bit net savvy and have ever scoured the net looking for ‘Get Rich Quick’ home
work business opportunities or a proven income opportunity, you already know
what I am talking about.

Reportedly, more than 90% of these so called home work business opportunities
are outright scams. What they actually do is capitalize on peoples hopes, take
advantage of human weaknesses and finally succeed in emptying the wallets of the
common man. Most internet marketers (scamsters included) are well aware that its
not just making money with home work business opportunities but making easy
money that is one of the single biggest motivational factors for anybody. It’s
therefore not surprising that its the number 1 searched topic by millions of net
surfers each and every day. What people look for in the real world applies
equally well in the online world too. It is common knowledge that given good
home work business opportunities that work, most people would be far happier
working for themselves than under a boss who is breathing down their back. No
one really enjoys work pressure or work politics, right. And above all we would like to work to our own schedules, not someone else’s. Perhaps, these are some
of the principal reasons why the most heart attacks occur on Monday mornings!

In case you haven’t noticed it yet, internet marketers and clever scammers alike
draw heavily on this knowledge while drafting their sales letters especially
those relating to home work business opportunities. Just recall how many times
you have come across a sales letter for home work business opportunities or a
proven income opportunity that harps on themes such as-‘Work in your pajamas’,
‘Fire you Boss’, ‘spend more time with your wife and kids’, ‘work whenever you
like to’ or ‘work from your vacation home’ or island or whatever it is that
really pleases you. Sounds familiar ? Savvy marketers understand that the act of
buying a product is driven by human emotion and is therefore impulsive in
nature. It becomes logical only afterwards in order to justify the wisdom of the
purchase decision. That’s why you will invariably find these themes built into
sales letters for home work business opportunities because they are meant to
appeal to exactly that – your emotions.

Close scrutiny of effective sales letters for home work business opportunities
will almost always reveal a distinctive pattern. So much so that, you can safely
conclude that the more effective they are, the more likely it is that they have
stuck to the pattern. It is well researched human psychology that people respond
positively if you can instill hope or fear or cause a sense of urgency or appear
as an authority or appear to be unbiased or even unusual. Taking the cue,
today’s cyber sales letters are deftly crafted, cutting edge works of art that
have all these concepts and more woven into them for best effect. Some examples
of this in action are- ‘Learn how I made a million dollars in 15 minutes’
(kindles hope), ‘Don’t be spied on’ or ‘you don’t want any legal trouble’
(evokes fear), ‘prices to go up in 2 days’ or ‘the discount ends today’ (creates
a sense of urgency), ‘I made $300000 from Google last year’ or ‘I am a member of
the International Home Business Entrepreneur’s Association'(appear as an
authority), a 3rd party or reviewer like style to the letter (to appear
unbiased), ‘Stop reading and leave if you can’t invest in your future’ or ‘Don’t
buy this unless you are convinced the others are bad’ (appear unusual to earn
your loyalty).

Even a savvy surfer who is proficient in these techniques can occasionally fall
prey to one of these cunningly crafted devices blinded by the lure of easy
internet riches. But the vast majority of those that do so are enterprising
young men and women from all walks of life who are often unaware of the powerful
sales conversion techniques in operation here and mistake it to be a proven
income opportunity. Its a matter of much regret and concern that the internet in
the short span of time since its advent into the larger public sphere has
already transformed itself into a safe haven for spammers, scammers,
pornographers and fraudsters touting home work business opportunities.

If at all there is something that we can console ourselves about, it is the fact
that there are still a few really good and legitimate home work business
opportunities out there that truly work. However, like the proverbial pin in the
haystack, it takes more than mere foresight to identify genuine home work
business opportunities from the vast and ever increasing population of internet
fraudsters. You will always do well to conduct a fairly in depth review of
prospective home work business opportunities by doing a Google search on it or
by visiting popular or eclectic forums on home work business opportunities where
you will have the chance to enquire with present users of the program as to how
they are doing with it. This will go a long way in helping you make an educated
decision for yourself as to whether it indeed is a proven income opportunity. If
anybody tells you that he’s got a secret to share with you on how to make a
million dollars in 15 minutes flat or that there are residual income home work
business opportunities out there that require little or no investment of your
time, money or effort, you better watch out. Unfortunately, there are no home
work business opportunities that give you returns for no investment of your
time, money or effort. Its against the Common Law of Business or for that matter
home work business opportunities to not invest anything at all in a venture and
yet earn an income from it. There are simply no home work business opportunities
or even an already proven income opportunity on the surface of this earth that
will succeed for you without good old hard work, patience, dedication,
investment and enterprise.

Do you have what it takes to devote 1 or 2 hours of your time every day and I
stress the words- ‘every day’ ? What if I show you one of the genuine and most
popular home work business opportunities that will work for you provided you
work it? A proven income opportunity. Its called the Plugin Profit site. Its one
of those few home work business opportunities on the net that has stood the test
of time and is still going incredibly strong. You will have to join 5 affiliate
programs. Relax, all of them are free except for one. And the only investment
for you on that one program is just twenty dollars per month apart from a
monthly fee of about twenty five dollars which goes to your web hosting account
with Host4profit that they recommend. Once you join these 5 programs you get a
dynamic, profit pulling, home work business opportunities affiliate web site for
free created specifically for you with tutorials, great bonuses, user forums and
24 hour customer support. The 30 Days to Success guide that comes free with the
program literally holds you by your hand (explaining every silly detail) and
walks you through the process of getting everything up and running in a very
short while. One of the many bonuses that comw with the program is a free
membership to the webs most respected forum -The Warrior Forum, where you will
get to rub shoulders with some of the giants in the field of internet marketing
on an everyday basis for free! You can also seek the help and advice of other
members through the exclusive Plugin Profit site members forum hosted within the
Warrior forum. You will find links to this proven income opportunity as well as
to my main web site at the bottom of this page.

It is worth re-iterating that none of these home work business opportunities
will work, not even a genuine and proven income opportunity if you are new to
the concept of hard work. Its becoming increasingly difficult to identify good
home work business opportunities that work thanks to the continuing
proliferation of fraudsters who constitute the vast majority. Good home work
business opportunities like the one mentioned above which is a proven income
opportunity can only provide you with the system and the tools, its up to you to
make the best use of them. You can lead a horse to the water, but you can’t make
it drink it.