Tuesday, March 3, 2009

Are all MLM s a scam ?

There are 2 sides to MLM or Multi Level Marketing , Retail and Recruitment. If your business opportunity is primarily , just an opportunity , with unreasonably high prices on products compared to standard retail outlets , you may be involved with a recruiting MLM.
Recruiting MLMs are the ones to avoid mainly because , noone is really making any money if they don't have a sizeable downline in place. Retail sales alone are never emphasized but recruiting is heavily promoted as THE way to make the sizeable income you were practically promised .

Retail MLM is just that , retail based. You do not have to recruit anyone into the business to make a decent income , you do have to actually do some work to sell the product ( nothing in life , especially money is free) . These programs are also known , more commonly as "Party Plans" , because quite simply you introduce a line of products at a party or demonstration , usually speaking Briefly about the business opportunity . While you DO earn money on a downline you make a reasonable income for your efforts in selling product alone . You do not need a downline to earn money . You DO need some sales skills ( or a skillfull person to teach you the ropes) , a small capitol investment in poduct and promotion , and a willingness to do the work it takes to build your business .

There is a Great list of Companies to avoid at http://www.mlm-thetruth.com/ , and a Business Opportunity /MLM evaluator tool to help you decide if the business you are interested in has the potential to earn you money , or will it just be a tax write off .

Of the businesses I own the following are not listed on the MLMs to avoid

Wildtree Herbs
Memory - Works Scrapbooking
Barefoot Books
The Couponizer

I learned alot in my time with MLM and can safely say I recommend any one of these businesses and if you do put the effort in you can earn a nice second income selling something you enjoy .
Jami
If you're looking to start a legit, looking to better, or looking to share your Home Based Business , you're in the right place !

Friday, January 16, 2009

Is PayPal right for your business ?

I like PayPal personally , but I hate paying transaction fees. If you hate paying money to make money ( or charging extra transaction fees to your customers ) I have 2suggestions for you to save money using Pay Pal and discovering Google Checkout.

Pay Pal :
If you are going to use PayPal as your transaction processor then you MUST get the PayPal debit Card . It's free and you earn 1.2% cash back on your purchases. If you process a transaction for $10.00 and use your PayPal debit card to purchase the product from your supplier , you'll end up saving 1.2% off the transaction fee . A pretty sweet deal . Also If you use PayPal to cover some of your business expenses you'll be making/saving 1.2% as well .

Google Checkout: While Google Checkout charges roughly the same transaction fee as PayPal , if you are a google Advertiser a large portion of your transaction fee is waived. There are certain qualifications to take advantage of these savings which can be easily found on their website. Checking out with Google is just as safe as with PayPal , but with one major advantage , the ability to place CC holds.

Whichever processor you choose make sure to look into ways to save and make more money for you and your business. You don't have to utilize just one processor, use whichever is best for your business at any given moment ! In fact you could do what I do and advertise with Google, process transactions through google and Use a PayPal debit card to make all your business purchases . I just added 1.2% to my commissions , and so can you !

Jami
If you're looking to start , looking to better, or looking to share your Home Based Business , you're in the right place !

Saturday, January 10, 2009

Are you WAHM material- See if you've got what it takes to work at home.

Not everyone is gifted with a "Brain for business and a Bod for sin" like Melanie Griffith in Working Girl , some of us transitioned into WAHMing after the birth of a child or after many endless weeks crying at a desk wishing you were anywhere but away from the kids. I can guarantee not ONE of us ever took a Work at Home Mom class in college . How do you know you are Work at home material , the answer ; you don't know till you try .

I mean really try , not some half hearted attempt where you sign up , get the kit ,look through it , put it in the garage , call 2 friends who aren't interested in having a party ,sigh , put the stuff from your car's back seat on top of the kit , put some other stuff on top of the stuff you put on the kit and in 1 year while cleaning out your garage you FIND the kit and later sell that kit on Ebay because it was "just tooo hard" !

No job is easy , and no one gets rich sitting at home with a business kit under a pile of junk in their garage . Customers will NEVER beat a path to your door if it is covered in debris and the porch light is off. You Don't have to be Donald trump to build a successful business from home you just have to actually open that business for business.

First things first :
When people at your child's playdates , church groups, friends you haven't seen in a while , your husband's Christmas Party, the Dental Hygenist, The girl behind the deli counter asks you what you do STOP SAYING NOTHING , or I'm JUST a Mom , and Never mention you are the CEO of your Home Based Business ! While you're at it stop saying "i don't know anybody " , I just named at least 10 people you probably know , they might not be your friends but you KNOW them . Best of all they know OTHER people and that, my friends, can open many doors for your business.

Make your Business your SECOND priority :
But deffinitely make it a priority. I would never tell any mom to put her business before her family , family is first . After all you quit the daily grind to change diapers, sing nursery rhymes and listen to "But Why " four hundred times a day . Remeber what attracted you to the business and make that your niche . Maybe you wanted some adult time, maybe you wanted a new challenge, or possibly a pink cadillac , whatever YOU wanted you can acheive as long as you make it a priority.

Follow the leader:
Rome wasn't built in a day and neither will your business be built in a day, week, or month . This is a learning process for 99% of WAHMs . The best advice I ever got , that I completely ignored is "Don't innovate, duplicate". There are successful women , staying at home , working your same business. Follow the leader, and if your leader isn't good follow hers, and on and on . If they can do it so can you , believe it.

Be positive:
When someone asks how your business is going always say "Great, Awesome or Fantastic" . Even if you have never booked a single party or made 5.00 lasat month your business is going where you are taking it , period. If you're flushing it down the tubes , you're right things are "not so good" . If you are constanly striving to do better your business is that much closer every day to being exactly what you say it is . You'll never attract customers or recruits by being negative , begging , or looking desperate. if something is not going your way , move on .

So You might still be questioning , am I WAHM material ? My answer is can you promote yourself, can you maintain a positive attitude , can you replicate what someone else has already done and can you dedicate a part of your life to building a business and reaching your goals. If you asnswered yes , than you ARE WAHM material !
Jami
If you're looking to start , looking to better, or looking to share your Home Based Business , you're in the right place !