5/23/2009

The Signs for Recognizing a Solid Business Idea

Everyone has had great ideas for a business, at one time or another, but far too many times no action comes as a result of this thinking.  The phrase of “intent is worthless and execution is everything” comes to mind.  The accuracy or validity of this phrase is to be determined by each person that comes across it.  A solid business idea is the end result of running an initial idea through a barrage of prerequisite questions and challenges.  The goal is to play devil’s advocate for a moment to see how realistic an idea is, when paired up against many facts that may result in a failed business.

 

Someone who is serious about pursuing their own company needs to first start with a solid basis and plenty of support to back up the idea, from the beginning.  A solid business idea needs to be realistic and some questions should be immediately raised.  Who am I going to sell my product or services to?  Is the market that I plan on working in, saturated with this type of business already?  If so, how will this company be different to the consumer?  Are there high operating costs?  Will this be profitable and worth my time and efforts?  These are a few examples of the type of questions that should be tested against a new idea.  Once an idea is solidified, the marketing and advertising aspects need to be examined closely.  If all of this lines up well a business plan should be written to keep the growth and development on track.  It should also foresee any future challenges and detail a plan to deal with those obstacles.

 

Recognizing a solid business idea can require research and work to obtain.  Once this is done, in actuality, there is still quite a bit of work that will need to be done before the act of business should actually take place.  This is mentioned for a realistic expectation, and not for a deterrent to becoming a successful entrepreneur.  Starting a company from the ground up takes time, money, and a little luck and most importantly a strong foundation that is poured with the identification of the business plan.

5/21/2009

MLM: Women-Owned Businesses That Can Easily Bring You a Six Figure Income!

Each day more and more women are looking to work from home. Working from home can be a great way to juggle the hectic everyday work/life balance and one of the best options for starting a business is MLM. Women seem to find easy success in the direct sales field for numerous reasons. Taking the time to find the right product and company can make you a successful business owner faster than you ever dreamed!

 

There are many benefits to starting a business with MLM. Women like how easy it is to get started. While you can find deals at times, in most cases you are require to pay a small fee to purchase your business starter kit. Business starter kits come equipped with everything you need to get started. You don't need to go through the lengthy process of registering your company with your state. Everything is completed for you, so once that kit arrives in the mail you are ready to go.

 

Most direct sales companies produce products that appeal to women. This makes it easier for you to schedule parties and make sales. Starting with your friends and family is always a good idea. Have them invite people to their party that you may not know or that have different circles of friends. This way when you are working the party, you may be able to book parties where a whole new set of people will be attending.

 

Another good reason direct sales companies appeal to women is that this type of business is easy to work around a family schedule. You can work on building your team and booking parties during the daytime hours you have free and have a couple parties a week set up on the weekend or in the evenings.

 

If you are looking to start your own business you should consider MLM. Women tend to be very successful in direct sales because running your company is very much like socializing with your friends. The key to success is finding a product and company that you are passionate about. Once you find that, you can easily earn a six figure income!