How to choose a home-based business that’s right for you is like finding the right coin in a bag of 50 similar coins.
Many people who have been unfortunate will say their first experience (and maybe even their second, third, fourth, fifth) were not so wonderful.
They have invested their money, expecting a high return but later on found out that time and effort have been wasted.
So the real question is “How do you choose a home based business that’s right for you”
How Do You Choose The Right Fit For You?
It’s so difficult to make a choice when every company will always seem like it’s the best. From knowledge and experience, there are things to pay attention to when trying to select a home-based business. These three things can also be used as a base to start your own business.
- Their values and mission
- The Product/Service they offer
- The System
- The Leadership (MOST important) and the community
1. Your values:
Determine your vision and purpose in life and match that with the home-based business. It should be in line with your passion and vision for life. Answer the following questions to know a company with the right leadership for you.
- Values: Do their values and beliefs match your own?
- Do they have the experience in leading a company (not just a team)?
- Do they have an admirable Character?
2. The Product/Service they offer:
Their products must possess these qualities ;
The product/service has to be something that is easy for anyone to sell. The product/service must be of great value and interest to the buyers, something that can help solve a particular problem in their life. They should be products that can be consumed regularly.
Simple to introduce, explain and use:
Introducing the product/service, and even more so explaining how it works has to be so easy a 10-year-old could do it.
3. The System:
The platform for training or for providing their services is a very crucial point on How to choose a home-based business that’s right for you: The step by step guide should be in such a way that anyone who follow the same steps, the same way will produce the same results. Always ask is “Could 90% of the people in my team do what I did and produce results?” If the answer to that question is ‘No’ then I drop it and move on.
4 – The Leadership and community:
This isn’t just exclusive to Home Based Business, but any business, in any industry. Leadership is so crucial that we could even extend this to politics, religious groups, and even to the family. The leaders should be people of integrity, high moral values, and truthfulness.
Dan Ramsey in his book “101 Best Home Businesses” has a chapter on how to find YOUR best home business. These 10 steps suggest How to choose a home-based business that’s right for you:
- List 5 things you do best
- List how others would benefit from what you do best
- Find out how to give people what they want
- Learn the value of your services to others
- Find out who else offers similar services
- Learn from the successes of others
- Learn from the failures of others
- Plan your own success
- Make low-cost mistakes
- Enjoy what you do and how you do it
All said, from my experience, I will recommend this SFM. I have been and I am still part of their training.
They don’t only teach you on how to start a home-based business but also teaches you how to be successful in life as well.