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by: CathyYeatts
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Finding a way to create extra income from home can be confusing and overwhelming. There are dozens of work-at-home web sites with thousands of different money making ideas. Sorting through them all, you may soon decide that many work-at-home schemes are just that -- a scheme. Most of the truly legitimate home based business ideas will fall into one of three categories: Direct Sales, Network Marketing/MLM and Service businesses.
Capitalizing on your own talents, skills or ideas, you can create just about any type of service business. Charge clients by the hour or by the job for things like dog walking, personal shopping, house cleaning, bookkeeping, closet organization, in-home child care, music lessons, math tutoring, landscaping and more. You may be able to start up a personal services business strictly by word of mouth. Start-up expenses may be no more than the cost of of your first batch of business cards.
Direct sales opportunities are typically those that encourage hosting home parties. You may know a friend who does Pampered Chef or Tupperware. These would be examples of direct sales companies. Another type of direct sales business, called 'top tier direct sales', would be high ticket cost items, such as Wealthmasters International, Liberty League and Global Resorts. These types of direct sales products tend to work well with online internet sales systems. Direct sales will usually pay quite well on the front end of the sale and offer some type of residual income on those in your organization. Start up costs for the home party companies varies from less than $100 up to about $300. The top-tier direct sales companies have higher points of entry, usually in excess of one thousand dollars.
Network marketing companies enroll independent associates, sometimes referred to as distributors or consultants, to market their products and services, in exchange for commissions. In addition, residual income can be earned off the sales volume in a down line sales organization. Learn how to use the internet to leverage your prospecting efforts and it is possible to build an organization of thousands. Typically, you will receive 4-8% of the monthly sales volume, plus most compensation plans reward associates for bringing new people into the business. Internet-based network marketing makes a large organization more attainable than in years past. With proper training, and execution of the techniques, internet marketing can replace the 'friends and family' approach.
Although network marketing has suffered in the past from image problems, the business model itself is legitimate and legal in most countries. Network marketing business opportunities are plentiful and varied: wellness & nutritional supplements, make-up and skin care, travel, electricity providers, telephone services - I have even seen a healthy chocolate MLM company! (No joke) Start-up costs tend to be less than $100, but in some top-tier opportunities, it will be several thousand dollars. For the majority,there is no need to purchase and maintain an inventory; however most compensation plans will require a monthly personal purchase amount, in order to remain eligible for commissions.
Before you finalize your choice, let me show you how to choose a top network marketing opportunity. Learn the powerful skills of internet network marketing and you will greatly improve your odds of network marketing profits and success.