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