About Me
- Donna Stewart
- The decision to work from home may be a great choice for some people. With today's economy and lack of financial security, starting a home business has proven to be a viable option for many. With that being said, it's important to know what having a home business entails, what kind of business you want to be in, as well as learning how to build it long term. Welcome to my blog where I look forward to sharing my tips and advice on the realities of having and building a home business. With over 10 years of having a successful home business, not only have I been able to create financial security for my family, but I have helped so many others to do the same. Drawing on years of experience and success, I hope to continue to help others to achieve what ever their goals may be.
Saturday, February 27, 2010
It's a Pyramid!
When it comes to home businesses, sometimes you'll have people tell you that it's a pyramid. Typically those who say or think that, really don't understand what business is all about.
With any business, there has to be a product or service and of course there has to be customers or there is no legitimate business. The other thing to understand is that every business operates in some sort of "pyramid" concept. Think of it this way, who's at the top of the "Microsoft" pyramid. Well Bill Gates of course. Does anyone in Microsoft make more than Bill? No.
How about a business like a restaurant. Who's at the top of that pyramid? Well, the owner right. Under him/her are the managers. Under them are the employees. Under them the customers. Every one of them earns a little each time the customer spends money at that restaurant.
Some home businesses do operate in a way where the guy or gal at the "top" or "gets in first' will make the most. Steer clear of those. However, some home businesses have a compensation plan (pay plan) that rewards business builders based on their efforts. In other words, if the business rewards based on effort and business growth, rather than when you joined or who you're under, that would be the most viable business to be a part of.
Donna