Starting a Home Based Business

There are essentially 7 things that will make your starting a home based business startup a success, here they are in no order of importance.

The parent company must be product driven, not distributor based. It is your customer base that is going to create your residual income not your distributors. Distributors will come and go, and as long as you have a strong product you will always have customers. To truly create a passive income you need to have customers. Some network marketing companies have a one to one customer to distributor ratio which simply means that everyone selling the product is a customer, and there are no additional non-distributor customers buying the products.
So as seen in the previous item you will need to have a high customer to distributor ratio. You want at least a 2 to 1 ratio. This means that people buy the product because they like it and it works.
Momentum is what your company needs in order to be worth pursuing at least initially. This is going to help you gain some cash flow when you are first starting and is one of the things that will instantly add to your bottom line when you are first starting in the business. It is also very rare to find in the industry today, but when you do identify a company that has this happening you need to pay attention. This one thing alone will allow average people build a huge business while the company is experiencing explosive growth before hitting the stability phase. Timing is key here, if you get in front of the trend before it really hits you will be able to ride that wave as the company does.
This is kind of related to momentum, but a sub item. The company has to have a product with the ability to have viral growth, and the ability to grow naturally via customers. What everyone needs to understand is that viral growth is exponential not linear. This type of growth will happen through no further input into your company and only based on the customers reaction to the product.
The management of these companies are so critical in the development of the company it will literally keep the company growing or drive it straight into the ground. Don’t make the mistake of thinking management of a company has very little impact on the future of said company. Your company has to have a plan and leaders with some of the following successful traits. A leader should be dynamic, have business experience, and can create a culture through leadership,
A compensation plan that has good profit margins, but the products are not over priced. It has to have the ability to make $500 – $1000 in the first week as a distributor. It has to have a plan that encourages you to work with the people under you not a binary compensation plan. The plan has to have the ability for people in the middle of the compensation plan to make money also. This next point is critical, it is absolutely imperative that there is a path for the average person to get from nothing to $10k a month in under one year.
Lastly your company has to have the “intangible” factor, this is all of the good things that happen in a company that cannot be explained. You really can not tell this before you join the company. Even if you have all the other elements listed above you may not succeed because of this last element. A good example of this is having a company with a simple marketing message where the product literally sells itself. The product has to be such that people perceive it as essential vs. something they perceive as optional. In network marketing companies it is great to find a product that is easy to sell because that means the people that join the company will also have an easy time to sell and earn cash.

Remember, if your company is missing any of these elements it will more than likely not provide the residual passive income that you will be looking for. Another point to bring to the forefront is that all of these elements are compounded because of each other. This means that if you are missing 2 elements of this essential list it will not be just twice as hard to build, but it will be more like 4 times harder to build a successful residual business. You need as many of these factors working together as one. Trying to build a network marketing company or any business is to difficult when missing multiple elements from the list.

When you are looking at your current company or one that you were trying to build in the past, you may not have realized that they already may have a couple of these factors working against you. Trust me when I tell you to look at this information from the eye of an unbiased outsider as a customer not as a distributor. I am a person with experience in failed network marketing companies (Flashnet, Starnet365, APPGas) just to name a couple. Really do your due diligence, does your company or potential company have all these things in place?

I would be remiss if I didn’t share with you a company that has been experiencing all of these elements above. The combination you see above is so rare, it has only happened a couple times in the industry. So here is the deal, ViSalus Sciences is the company that is leading the way in every aspect of this list. The company is still young, but they have hired some of the brightest minds and scientist in the world to help continually grow the company for years to come. Leaders in the comp plan are hitting the highest levels in the company in less than a year. Now that kind of cabbage can change your life in a hurry. Go and check out ViSalus Sciences now and I will be here to answer any of your questions you may have before or after joining.