Step 1.
Be open to new possibilities. There could be better opportunities than we realize. Certain concepts of business and brand names can conjure up images that are based on a small amount of details or preconceived notions. It is important to research the possibility thoroughly before we make an informed choice.
Step 2.
Does the business provide goods or services to real customers who are not connected to the business venture? If customers simply want to purchase the items or services, it will likely be a real and long-lasting business. If however all “customers” are distributors (or their families and friends) it is possible to inquire which is the reason?
Step 3.
Are the items or services likely to be popular for the long term or is it only a passing fad? There may be a chance that it is a quick-term opportunity to earn money that’s a passing trend, however If you’re seeking an opportunity in business that will keep you going for many years, it is sensible to choose a business opportunity which is likely to generate demand for its goods or services in the long run.
Step 4.
Are there any simple method that has been proven to move goods or services into the market? This is a crucial prerequisite to ensure the success of every business. Are you expected to convince friends and family members to purchase your services or products? Would you like to do this?
Step 5.
If you are offered an opportunity to earn money and claims that you’ll earn money from it is it reasonable and rational to ask “What do you earn by it?” If they answer that question that they earn money, it’s reasonable to inquire about proof. If they’re unwilling to give any evidence, consider the reasons why they aren’t?
Step 6.
Ask them what their sales numbers are for each month, and then seek proof. If there’s no turnover, there is no business!
Step 7.
Do you have to make a large investment? Most home-based businesses require only a modest amount of money, perhaps a couple of hundred pounds for the equipment and the materials required to run your business. However, should you be required to make a large investment, be prudent. It’s important to understand how your money is spent and exactly what you will receive for it. If the person who is attempting to recruit you into the business receives the money directly due to recruiting you, you should be extremely cautious because it could be a scam that is illegal. The person who is recruiting you will only gain in the event that you, as the new member, begins to sell products or services for yourself i.e. they will benefit from helping you earn money. In this way, they have a stake in your success, an essential element of a legitimate business opportunity.
Step 8.
However, the majority of ethical business opportunities are associated with the DSA (Direct Selling Association) however, this doesn’t mean there is a warranty, member businesses are obliged to adhere to certain guidelines.
Step 9.
If the possibility you’re considering includes an element of team building be sure to verify whether there is a clearly-defined structure and system to help the team building aspect. You must ensure that the system is in place and that the individual or team you’re thinking of joining, is qualified to guide and train you on this aspect. Within any Company the people you join will make a significant impact on your business. Make your selection carefully!
Step 10.
Explore all of the facts you require to evaluate an opportunity , and then make an informed decision based upon the information. Find someone who is involved in the business opportunity that is thriving and then go through the steps 1-9 below with them. People often ask people close to them to share their opinions but it’s essential to consider whether they’re qualified to speak. You might even meet an individual who has failed at the job you’re looking at and they might have an opinion they would like to give you their opinion! If you’re looking to become successful, it is sensible to talk to successful people.
