| How can you tell the difference between a
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| | for the first and the few folks through
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| money making home business and a scam or
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| | the door (usually the founders of the
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| a gimmick? After all, the difference
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| | MLM). An MLM also violates Rule #1 as the
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| between a 'gimmick' and 'scam' might be
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| | only way to achieve this leverage is to
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| legally different but when it comes to
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| | recruit your friends and relatives into
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| your money making home business... there
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| | the same business so now you're selling
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| really isn't much of a difference at all.
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| | the same business you just bought instead
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| So before I reveal exactly how to uncover
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| | of selling the products of the MLM.
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| the truth about a real home based
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| | Here's a simple 'reality check'; were you
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| business, first let's define the
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| | buying the products the MLM promotes
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| difference between a home based business
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| | before buying the MLM business? If not,
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| 'scam' and a simple home based business
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| | what makes you think others will buy
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| 'gimmick'.
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| | these products from you?
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| Home Business Scam - I define this as a
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| | Rule #3 - Look for longevity. Your odds
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| business that's advertised to provide a
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| | of making money with your home based
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| reasonable to outrageous income stream
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| | business are much better if you go with
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| but is really nothing but a complete
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| | someone that has a track record of
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| ruse. This is a business that's really
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| | success. Think about it... would you
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| set up to be complete BS with absolutely
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| | rather buy a McDonalds franchise or
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| no chance of anyone ever turning it into
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| | "Brand X Hamburgers"? While Brand X might
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| a money making home business.
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| | provide greater upside 'potential', just
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| Home Business Gimmick - This type of
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| | as day trading can be more profitable
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| business is usually real and can even be
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| | than mutual funds, no one can argue that
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| quite profitable... for a few folks
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| | McDonalds is already a proven entity and
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| anyhow... or for a short period of time.
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| | more likely to succeed.
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| These gimmicks are prevalent on the
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| | Rule #4 - Sell a product you understand
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| internet today because the internet is
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| | and can easily describe to your friends.
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| still relatively new so the opportunity
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| | If you can't describe your product or
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| for making a fast buck are also
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| | service in 1 sentence then you really
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| prevalent. But is this really what you
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| | don't understand it and should never try
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| want as a long term money making home
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| | to build a home based business around it.
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| business?
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| | Rule #5 - Your home based business should
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| So if you really want a true money making
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| | be well supported, by the company you
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| home business, you need to avoid the
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| | purchased it from, with a rock solid
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| scams and gimmicks as one will rob you
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| | infrastructure. Do they have a real
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| blind up front and the other will have
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| | support system? Can you reach them before
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| you chasing every fad of the day... don't
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| | and after you join? Are others in the
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| do either.
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| | business making money already?
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| Instead, make the smart choice by looking
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| | Rule #6 - Plan on 'doing something'.
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| for a real money making home business
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| | While you won't have time to 'do
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| that you can build upon for years of
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| | everything' (see rule #5), never believe
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| profitable operation and also improve
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| | there's someone out there willing to pay
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| upon to increasingly grow your profits
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| | you for 'doing nothing'. If you think you
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| each and every month.
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| | can build a business around replaying
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| Now let's look at the rules of a real
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| | someone else's video to sell the same
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| home business:
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| | business you just bought to hundreds of
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| Rule #1 - Your business should sell
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| | others...just stop dead in your tracks
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| something other than itself. In other
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| | and buy a lottery ticket instead. Your
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| words, if the business you buy does
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| | odds of success are much better.
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| nothing other than tell you to turn
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| | Are there more rules? Sure... hundreds of
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| around and sell the same business to
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| | them, but if you follow my 6 'Golden
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| others, you just bought a 'gimmick' at
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| | Rules', you'll be ahead of 98% of the
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| best.
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| | 'sucker pack' and you will succeed. A
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| Rule #2 - Avoid MLM (multi-level
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| | money making home business is the easiest
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| marketing) hell. While it's true that an
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| | and best way to start a business, just
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| MLM can provide immense leverage and
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| | make sure you follow my rules and avoid
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| wealth, they only provide this leverage
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| | the pot holes on the internet highway.
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