Article by Brad Smith
By Brad Smith, http://www.togiveandtoreceive.comIn today’s very trying times, where can you invest your money? Traditional businesses are hurting badly, banks are going out of business left and right, the stock market is up one day and down the next. Instead of thinking about these types of investments, why don’t you consider an online business opportunity?
Right now the Internet is growing at an incredible rate, so one of the best ways to make money is online. When the economy is doing bad, online business opportunities grow even faster. Why? Because thousands of people are losing their jobs, thus they are looking for the best new ways to make money. Starting or joining an online business could be a life saver if you do it in a smart way.
The challenge is, of course, picking the best online business opportunity, the right one for YOU. Here is a list of 10 questions one should ask themselves when they’re looking for the best way to make money online:
1. How much can I invest? This is crucial. You must know your limits – otherwise you could end up spending much more then you bring in. I recommend that you start out low: no more than you are comfortable with to start/join an online business and no more then 0 a month for marketing. You can always increase your budget when your business is more established.
2. How much time do I have? This is very important as well. I have seen so many aspiring marketers join an online opportunity just to find out that in order to be successful at it they had to put in the kind of hours they couldn’t spare. Be especially careful if you want to do this in addition to your regular job. There are only a few opportunities out there that are truly suitable for you as far as time-commitment. Don’t settle for anything less then that!
3. Do I have any online marketing experience? If you’re starting from scratch, you’ll need to find an opportunity that provides a lot of marketing support. Otherwise you could potentially waste a lot of time on research and money on unsuccessful marketing tactics. Your time and financial resources have to be used to the fullest and an opportunity that provides good support will help you do that.
4. Can I build my own website? You need a website to promote your business, but building one could be a huge time-sink if you’re not a professional web designer/programmer. Even if you do know some basic HTML, you will undoubtedly encounter numerous challenges when you try to create a professional-looking website on your own. There are two choices for those of us who are not computer gurus: paying someone to build and maintain our web page or finding an opportunity that provides one for free. I strongly recommend the latter. You could save hundreds, if not thousands of dollars that could be used as part of your marketing budget.
5. How hands on am I? Some opportunities would require your constant attention while others pretty much run on their own. This is a matter of personal choice, of course. Ideally, you want to have control over your opt-in list and website content, while letting the marketing do its job without the need of constant supervision.
6. Do I want to deal with physical products and if so, am I prepared to ship them? If you’re selling physical products, daily trips to the post office could become a real inconvenience. You would most likely have to hire employees, which would considerably complicate the filing of your taxes. Personally I recommend opportunities that don’t require shipping – like selling e-books or anything that can be sent by computer for example.
7. How comfortable am I “selling” on the phone? Be honest with yourself. Are you usually the life of the party or a wall flower? Chances are, if you’re shy in person, you’re going to have a tough time dealing with customers on the phone. Even if your not shy, it takes time learning how to sell on the phone. The best solution is to find an opportunity that has professional “closers” on board – people who will take care of your customers for you.
8. How soon do I expect a return? Some opportunities take months to really kick into gear, so it’s up to you to determine whether you have the luxury of waiting. If your situation is a dire one (you’re losing your house, your company went out of business etc.), you might want to look for an opportunity that is quick to set up and easy to market. Those are usually the ones that start bringing in profits right away.
9. Am I good at following the rules? Those of you on the rebellious side – beware. Some online opportunities have extremely strict regulations as far as marketing methods you’re allowed to use. If you cross the line, you could be deleted from the system without a refund. Make sure you go over the marketing rules and guidelines before you join an opportunity.
10. Am I comfortable trying something new or am I more conservative? You’re thinking about creating wealth online – that is not very conventional in its own. And yet many people, who are looking for an online opportunity, look for something that fits into the more traditional business molds. Unfortunately, traditional thinking can really hurt you when it comes to the world of online business opportunities. Many people had had an unsuccessful experience just because they were not ready to accept certain activities or marketing schemes, commonly used in online business. Make sure you do all necessary research, but also remember to keep your mind open. Don’t automatically reject things just because they differ from something you’re used to. Otherwise, you could miss the best opportunity of your life.
Well, I hope this was helpful to you! The next time you see an opportunity that looks attractive to you, make sure you ask yourself all of these questions before you go forward. Using this Q&A method, I had found the opportunity that is truly perfect for me, although my budget was very limited and I didn’t have much free time. I hope you find YOUR perfect opportunity soon!
Brad Smith
About the Author
Brad Smith is a marketing expert with a revolutionary cash gifting system that has helped thousands of people create wealth on the Internet. There is no product involved and one doesn’t have to be a computer wiz to be successful at it. On Brad’s web-site http://ToGiveAndToReceive.com, you can learn about how cash gifting can aid your financial situation without considerable money and time investments.
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