About Me

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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, March 6, 2010

Be Careful of "Ground Floor", "Get in Early"

Have you ever heard a home business company promote themselves as "Ground Floor Opportunity" or "Get in Early"? I've seen so many and in my opinion it's a slick way to lure people to make quick decisions.

Just think about it for a second.

If you're going to start a home business, you will be sharing your business and product/service with others right? And you will find others that may want to build a business with you right? Well, what if you "got in early" and had a large organization and it's now 1 year, 2 years or 5 years later later. Does that mean the people who join later, will not have as good of an opportunity as those who joined at the beginning?

Really think about this.

If the company is promoting the "Ground Floor", "Get in Early" concept, I believe what they are really saying is "Anyone who joins later, will not be successful".

Now with that being said, if the only ones who are successful are the ones who "Got in First", so many people will be negatively affected. That is a sure sign of the "Guy at the top" wins and eventually people will get hurt financially and perhaps emotionally.

My advice: if you're considering a company that pitches "Get in Early", make sure you ask a lot of questions, before joining.

When did the company start? What is the product/service? How do you earn an income? Is any of the income being earned on the joining fee? (By the way, that is not a good way to earn an income). What are the average incomes of it's members? What are the companies sales each year since in business? How many members cancel each month? If you have a difficult time getting the answers to any of these questions, don't join.

It's a business. With any business you should know the numbers of that business before making any decisions.

Donna