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Blog Social Network Marketing:Home Based Business Opportunity

Monday, July 14th, 2008

Blog Social :

Here is another great article written by Mario

Everywhere I go I hear the same conversation and that is real estate agents, loan officers, and closers talking about what their plans are to bounce back from the devastating collapse of the real estate and mortgage market. I wanted to know where all of these highly skilled professionals are going to create, once again, their six figure incomes that they learned to enjoy.

The biggest common denominator of the people who will come back strong/stronger is their attitude. Its not the situation but more importantly how you react to it. Although I have seen some pretty upset people I would say the majority are looking at things as an opportunity.

What options are there?
-go back to school
-employment
-outside sales rep
-self run small business
- business
-franchise
-put together a business plan to begin raising capital
-invest
I believe for the first time people are realizing that there is no such thing as security. People are now thinking a little bigger because they know what they really want. The reality is that a lot of these professionals did well financially but put in every waking hour to make it happen. People want the money but the time freedom to enjoy it as well. How is this actually obtainable? The answer is business systems.

Its time that we understand that being self-employed is really just glorified employment because we are only getting paid on what we do. There are only so many hours in a day making your income limited.

Sit down today and really decide what’s important to you. Time, money, freedom, FUN. Fun and excitement being the most forgot about. After you figure out the specifics its going to be easier to decide the direction you want to take.

I’m going to suggest a couple options above depending on your personality, goals, and finances.

Look for options that give you the ability to leverage yourself.

If you have accumulated a good amount of money over the past few years than it wouldn’t be a bad idea to get with some experienced individuals and start making some investments. The great thing about this option is the fact that you are letting your money work for you and is good for a low people/high freedom situation. I am not a financial advisor so I
will suggest you get with someone with experience, a strong personal portfolio, and clientele that you want to be like. If they are use to advising people on that level, how do you think they will advise you… On that level. The reason I say make sure they have a strong personal portfolio is because its easy to give advice from a book or company training courses but being active gives them the real life experience and a little skin in the game. Think outside the box and do your due diligence in learning what you are investing in. There are so many different kinds of investments outside the basics of public stock and bonds. Your advisor is there to guide, but you need to be knowledgeable in what you are doing. Your knowledge will give you confidence to take bigger risks which can potentially bring stronger returns. You are still able to go and do things that you enjoy doing even if that means going and getting a job or starting a side business but you will have the peace of mind knowing you do it because you want to, not because you have to.

may be one of the most overlooked ways to build a business system due to people’s lack of understanding. With the right company, product, compensation plan, and leadership, this might be the best one. I look at the //mlm industry as the last hope for the little guy. Why? Generally a small investment compared to traditional business startups. If run like a business they can be highly profitable in a reasonably short period of time. They give you the flexibility to work when you want. Liability is limited because the corporate company handles the majority of it. The system is already in place. Most importantly leverage. You are able to duplicate your efforts quickly without opening up brick and mortar stores. I look at as a very simplified version of franchising. I personally started my business career in at the age of 18. I never went to college, and most would tell me that I could never get ahead with out a degree. But the amount that I learned as well as the high profits I made I would suggest everyone consider this option. There is a high level of rejection so it’s not for the faint but as long as you understand that its a numbers game just like any other business, you will do well. As icing on the cake it has the fun and excitement factor that most people wish they had. I still to this day run a successful business.

Starting a business from the ground up is also a good option. You have to have the money to sustain yourself for the period of time it will take to get your business off the ground. Start with a great idea and then formalizing it with a strong business plan. When putting together your plan make sure that the entire business is not revolving around your personal efforts. You are in essence designing a machine that can run on its own after being launched. The biggest mistake people make is they get going without the capital to do what the system is supposed to do. If the system can’t do what’s needed then you will not get results to match you projections in your plan. Make sure you have access to or the ability to raise the funds. This is going to be the highest risk and the longest time to begin making substantial amounts of money.

No matter what option people choose to run with I would encourage them to think big and go for the gusto. Don’t make decisions based on hype but on facts. We are still in the land of opportunity but you have to be willing to do something different and be creative to enjoy the benefits big opportunities.

Mario Dattilo
mario@jmgcompanies.biz


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