Stop Wasting Time and Money – How to Spot a Great Home Business Opportunity

Want to save yourself a lot of time, some hard earned money, and a whole heck of a lot of frustration?

Starting a home business has changed the lives of millions. Financial freedom, more time to travel and spend with family, and even the creation of real wealth are just a few of the benefits that home business owners have enjoyed. This is not the majority however, in fact it is a very small percentage of the vast amount of home based business seekers. The average online business seeker meets with wasted time, wasted money, a bruised ego, and nothing more.

Much of this has to do with rushing in blindly into the first flashy ad that they run across. “Make millions by next Tuesday!! Just Pay Us $1000 Today!” Hhhmmm, that sounds like a pretty good deal, or does it? Well if you are net-savvy you recognize this as a scam, a waste, and a thing to avoid. But unfortunately many people don’t seem to know any better, and they get sucked right in. What do they end up paying for? Failure, frustration….and little else.

The key to staring a thriving online home business is finding the right opportunity. By locating a profitable, reliable, usable opportunity, you can begin with confidence to invest your time into an ever-increasing income. Let’s review 6 key aspects of a legitimate home business opportunity. This way you will be able to make wise decisions and spend your time and money accordingly.

#1- How Reliable is This Company?

If you are trying to build a long term Net-business, than it is obviously valuable for you to work with a company that is going to be around for many years to come. This isn’t hard to do, it just takes a little patience to do some research. What company sponsors this program? How long has it been ongoing? Does it seem like a legitimate company that will be around for a while? Trust me, there are some very reliable home based business opportunities on the Net, you just need to look for them.

One great indicator of an opportunity being legitimate is whether it has its own forum. From my experience, a program that has an ongoing forum is legit. They obviously have many members who are dedicated to the business, and many members that have been around for a while. This is also great news for the beginner. There is always a wealth of knowledge that can be found on a great forum. In my experience, experienced members enjoy helping newcomers get the ball rolling.

# 2- What’s the Start-up Cost?

Now this can be a very gray line. Let’s just clear up a couple of misconceptions. The first is that a free opportunity isn’t very good. This has absolutely zero validity. There are a number of free affiliate marketing, network marketing, and other home business opportunities that can can be used to generate a great income. It is also safe to say that many of the opportunities that cost a good deal of money….are nothing but scams. So your judgment needs to play a part here.

The way I go about judging a potential program is by what it offers for the money. If you are simply paying a start-up fee, for nothing more than to begin, you may want to head in the other direction. As I said there are plenty of free opportunities that can be used, so why pay just to join? If you are paying for inclusion into a program, make sure that you are receiving more value than the money you are giving away. Are you receiving any special tools, leads, or personal training? As always, do a little research. Make sure that you are getting value, if not, go with a free opportunity.

# 3- Will You Be Helped or Deserted?

Being that most home business seekers are completely new to the field, it is often good to check what kind of training, resources, and assistance you will be receiving. This goes for paid programs, but the various free ones as well. In fact, I have found more training, more support, and more resource material with the free programs that I have tested. If you think about this, it really does make sense.

A real home business company earns money by their affiliates and members generating money for themselves, as well as the company. In this case they do not rely on a sign-up fee to make money. This is why many low quality, get-rick-quick type schemes charge a lot for memberships…..that’s the only way they make any money!! Either way, if you are new to the Net, you will want to make sure that you will be guided toward success. A good company will invest in your success, because they will profit in the long run. The forums can be a great way to quickly see how supportive the home business community is.

# 4- Is This Program Suited to My Needs?

Everyone has something to offer, but we all possess talents and capabilities that are different from others. What I mean by this is that there is not going to be one program or home business opportunity that is perfect for everyone. Some people may be successful with a certain type, possibly network-marketing, and another individual may find that affiliate marketing a certain product line produces the best results. What’s best for you?

Getting into the right business can save you from a lot of wasted time and frustration. Take a few minutes and decide what you will be best suited to do. If you are good at motivating and teaching others, than you will most likely be able to build a large downline and have others duplicate your success. If your talents are more in persuading and selling, you may do better with a program that allows you to utilize those abilities. Matching the type of business you begin with your unique skills and abilities will make for much smoother journey.

# 5- What are Your Long and Short Term Goals?

“To make more money!!” OK OK, that is pretty much obvious. But it may help you to make your goals a little more clear before choosing the right opportunity. Here’s why. Some home business models will offer a large profit somewhat quickly. If this is the case, you are most likely making large commission based sales. These types of programs can be great if your goal is to earn some extra money ASAP, however they may not offer residuals or team commissions. This means that if you stop working, you stop earning.

Another goal may lead you in a different direction. Maybe you are wanting to set up passive streams of income. A passive income is an income stream that earn money by itself, whether or not you are working. In my opinion, this is one of the major benefits of starting a home business. You may not get as quick of a turnaround as above, but once you get the ball rolling, it will continue to work for you even when you are not actively engaged. In this case you will want to find a program that offers residual and team earnings, like the many network building programs.

# 6- Take Advantage of a Free Offer

Before jumping into an expensive paid home business opportunity, you might as well try a free one or two. You may also want to take advantage of any free trials, so as to get a feel for the program. A few things to look at are the resources, the forums, the training (if any), the marketing aids (banners, video ads, landing/sales pages, etc.), other business tools, and maybe test out if the structure of the program is going to be a good fit for you.

Remember, it is better to spend a day or two “testing” a program out, than to spend a bunch of money that you cannot get back if things don’t work out. Plus you may realize just how great a free program is, and decide to invest your time there. Either way, a little preparation time offers many rewards later down the road.