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Starting a Home Business? Time to Build Your Ark

If the idea of starting a home business, possibly an MLM home based business, has ever crossed your mind then the Global economic meltdown might just have made you more serious about it!

As companies lay people off by the thousands, and we’re hit with an ever-increasing cost of living then all sorts of ideas for home businesses can cross our minds. But don’t lay out thousands just yet! You actually don’t have to.

Starting a home business requires us to have one of two things in place, time and/or money. If we are ‘time rich’ and ‘money poor’ we can put many hours of effort a day into our home based business. If we are time poor and money rich we can maybe outsource certain tasks to others to ‘leverage’ our efforts. In fact all the real income-producing ideas for home businesses involve some leverage – putting a little in and getting a lot more out.

So do we go starting a home based business by racing off to our local Franchise exhibition, writing out a fat cheque to a smiley person who tells us we’re ‘in the right place at the right time’? I’d say ‘no’.

Why? Well, I’m not disrespecting franchises or indeed franchisees, who are often very committed, hard-working people but the sort of financial returns you can expect from a franchise are available from any respectable MLM home based business and you won’t be shackled with a huge outlay and all the pressures – including relationship pressures – that brings.

No. For any ‘Return on Investment’ calculation you’d care to make, a respectable MLM home based business is your best ticket out of the economic madness that surrounds us. Starting a home business knitting mufflers is all very well, but the minute you stop knitting mufflers, guess what? The income stops.

Any ideas for home businesses like this, which involve your sole efforts only are nothing but another job. If all we do is swap time for money, then our money is always going to hit a ceiling. What ceiling? Our time.

But for some of us, an MLM home based business is just not something we’d consider, whatever our circumstances. These are some of the key reasons:

i) MLM is an illegal ‘pyramid’.

ii) I wouldn’t want to have to bug friends and family.

iii) I wouldn’t have the time.

iv) I hate selling.

v) I don’t like rejection.

A lot might hang on how you process the following information so hold on to your hat!

i) Multi level marketing is definitely NOT the same thing as a ‘Pyramid’. That would be like saying that hiring and stealing a car are the same because they both involve driving a car that’s not yours! I recommend you get the facts on this (not from your best friend!)

ii) You can now build an MLM business without ever mentioning it to anyone you know!

iii) If you’re not where you want to be financially and you don’t make the time what’s going to change in the future apart from your age?!

iv) You don’t have to sell. The modern version of an MLM home based business does not require any one to one interaction.

v) Same as answer to iv!

In this day and age, starting a home based business on the internet requires only basic computer skills which can be and need to be learnt. Incredibly, your new home based business could eventually involve thousands of people from all over the world whom you never met and will never meet. If you speak to prospects at all it will be by telephone with them qualified and interested, not negative and feeling chased!

So if you’re thinking that an MLM home based business might after all be the best of ideas for home businesses in this ‘worst of times’, then with well over 400 MLM opportunies out there, where on earth do you start?! That’s a good question.

The fairest answer is not to get too bent out of shape over which opportunity because these days people often promote several and frequently change. What you need is some kind of ‘launchpad’ – a system that you can plug into, and learn step by step how to make your new MLM home based business work.

You can promote several opportunities online, and different people will be attracted to different ideas for home businesses. You’ll be astonished at the automation of everything today and what amazing incomes are attainable. Don’t listen to your Uncle Fred. While he’s telling you it can’t be done, thousands are out there doing it. Why not you?

Help is available from people who’ve ‘been there and done it’ in online network marketing and that’s a great resource for you. Everyone will tell you their home based business opportunity is great. That’s natural! But your success will hang on the system you employ for locating ambitious people around the world who want what you’re offering. Open your mind to what you could achieve with an MLM home based business. It could be the most important financial call you ever make.