Choose a Home Based Business the Foolproof Way

There are magazines, books, and online advertising promoting “the best” home based businesses. It is mind boggling to digest it all and too often we think “scam” when looking at these options. The best way to choose a home based business is to get to know someone who is already in involved and to use the products. This article will focus on the importance of the relationship side of home based businesses.

Some of the most successful people who are making millions of dollars actually toured the plants and met the presidents of ten to twenty companies before making their final decision. The beginner doesn’t have to take it to that extreme, but will do well by forming a personal relationship with a business member who serves as a mentor. A duplicatable business system is ideal for working out of the home. The team member/mentor should be able to explain the process of duplication.

The rule of thumb is to understand that people respond to people. The product is the reason to be in business but it is secondary to the seller’s knowledge, passion, and ability to communicate with rapport.

Here is a simple check list to use when choosing a home based business:

How comfortable are you with your potential team member who is working with you?

Do you feel the potential team member just wants to sign you up or establish a long term relationship with you?

Are your questions answered with enthusiasm or with irritation?

Has the potential team member provided a summary of the duplicatable process or does it sound as if there is a complicated training system?

Does your potential team member make time to talk to you?

Before signing up with a company, it is important to feel comfortable with the people are who teaming up with you. The focus of most home based businesses is to be in business for yourself, but not by yourself. The actions of the group should prove beneficial for all involved.

Grow Your Business With a Mastermind Group

When you have a problem or challenge in your business, where do you turn? Who do you trust to be completely honest with you? Who can relate to the experience of being a business owner and give you practical advice?

Our answer is to turn to a Mastermind Group.

Every time either of us mentions being in a Mastermind Group, people always say, “Wow! That sounds neat. What is it? How does it work?”

Quite simply, a Mastermind Group is collaboration between a small group of people who all have the same intention and want to help each other achieve their goals. In our case, as business owners, we want to streamline and grow our businesses. We want to attract more customers, keep up with latest trends, and make more money.

Let’s clarify what a Mastermind Group is:

– A Mastermind Group is a deliberate, long term commitment between like-minded peers who want to achieve similar results.

– It’s a “sacred time and space” to work ON your business. This means no multitasking – it’s letting go of everything else for a little while to focus completely on your business.

– Members of the Mastermind Group share responsibility equally for the continued success and effectiveness of the group.

– There is a commitment of complete confidentiality. It’s a place to be totally honest about what’s really going on in your business – the good, the bad and the ugly.

– Each member of the group has the opportunity to have their business spotlighted in every session.

– A Mastermind Group is a place where mutual respect and camaraderie flourish.

– Group members hold one another accountable for the commitments they’ve made in their businesses.

– It is a brain trust that generates exponential results.

Here’s how all of this translates into real life.

A business owner with two separate entities was struggling to choose where to focus his energy and efforts. There were too many things to do, too many challenges and too many choices – he was overwhelmed, to say the least. His Mastermind Group helped him examine all of his options and challenged him to make a choice. He did. Because of this experience, and the results he achieved, he’s gained a new confidence as well as more success – and tripled his revenues in less than a year.

Here’s the bottom line about Masterminding: It’s about getting stuff done, growing your business and making more money. This kind of transformation only happens when we take the time to work ON our businesses. The beauty of the Mastermind Group is that you’re challenged and supported at the same time. The group doesn’t let you get away with excuses and also encourages and supports you when the responsibilities of being a business owner become intense. Projects that seem like drudgery can become fun and easier to accomplish with the help and support of your Mastermind Group.

The Mastermind Group can help you save as well as make more money. Mastermind Group members share resources, skills and talents. In another case, a Mastermind member was challenged with writing a sales letter. Professional copywriters usually charges $5000 or more for this service. The group helped her complete the sales letter in two hours and the money she saved was reallocated for other business projects.

A Mastermind Group is your chosen family in the business world. These are people who care about and want the best for you and your business. When you choose the right people and share your vision of what you want, you’ll be amazed at what can — and does — happen.

There are various types of mastermind groups. The two main types are: 1) Expert Led – A coach, facilitator, or other expert sets up and leads the group. 2) Peer Led – A group of people come together and the members lead the group.

Ask yourself the following questions – “Would I rather start a group or join a group?”
In starting you own group, you get to create the schedule and choose the members. The advantage of joining a group is that you everything is already set up and you just join the group and start obtaining benefits.

Whether you choose to start a group or join a group, we encourage you to participate in the Mastermind process. Now, more than ever – collaboration is the key to success!

SaleHoo – 3 Excellent Reasons Why SaleHoo is Ahead of the Pack As an Online Businesses Resource

Finding the right product line as well as the right market to earn bigger profit margins can sometimes be very difficult, especially when you are in the wholesale business. The challenge is even greater once you find the market with a large business potential but with a much higher initial capital investment needed, and you discover that you do not have enough money for it.

If you want to be involved in an online wholesale business, you have to teach yourself the basics of using an online wholesale directory site in order to find what products to sell and which suppliers provide them. But just teaching yourself may not be enough. There are a lot of risks involved, and you may not want to gable on learning fast. And this is where SaleHoo comes in. SaleHoo is an online business directory site that not only helps you find what great products out there to sell but also which company can best supply you with them. However, there are other sites that also offer directory listings and you may wonder just that makes SaleHoo any different from them.

First is the availability of the copious experiences of old and new SaleHoo business members, which are available to you. The SaleHoo community is composed of thousands of long time and successful businesses as well as those just starting out and all their expertise and opinions are shared in the various forums moderated at SaleHoo. You can exchange opinions with them, seek help, advice and get to know other suppliers, dropshippers as well as businessmen whose assistance would be incalculable to you.

The next advantage SaleHoo has over others is in the form of market updates and reports available exclusively to members. Aside for having it delivered by the SaleHoo staff to its members periodically, any member can ask for an updated copy any time. Deciding which products and markets to enter can be easier and less risky with the information on market trends prepared by SaleHoo. With the report on hand, you will be aware of top selling items as well as market areas with high potential for profits.

Aside from all this, SaleHoo also takes care of assisting you to find the best supplier and dropshipper that would be most suited to your business. You will not have to worry about the legitimacy or reliability of the supplier or dropshipper you have chosen as long as it came from the SaleHoo list. And these are what make SaleHoo stand out from the rest of the business directories.