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| Work & Employment A forum to discuss your work and issues regarding employment. |
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#1 (permalink) |
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So much to learn!
Supporting Member
Join Date: Sep 2004
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Posts: 3,857
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Home based businesses
This new “home based business” thing is becoming more and more intriguing to me. Does anyone know if any of them actually work? I hear they have a high rate of failure.
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Local Time: 08:04 AM
Local Date: 12-02-2008 |
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#2 (permalink) | |
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Catnip, Stat!
Supporting Member
Join Date: Jul 2004
Location: Sonoma County, California, United States of America
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Posts: 3,026
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Re: Home based businesses
Quote:
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Local Time: 08:04 AM
Local Date: 12-02-2008 |
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#3 (permalink) | |
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So much to learn!
Supporting Member
Join Date: Sep 2004
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Posts: 3,857
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Re: Home based businesses
Quote:
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Local Time: 08:04 AM
Local Date: 12-02-2008 |
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#4 (permalink) |
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Cardi Keeper
Supporting Member
Join Date: Mar 2005
Location: Cornwall
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Posts: 8,426
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Re: Home based businesses
Don't even go there. Please..
My freind here in the UK has been suckered in, she claims she is making money, I hope so, but I know she has invested a lot of money and time in something that is basically a pyramid. I very nearly joined one company, then I found out the products they were selling are banned in Canada, which led me to do some research on the 'net', the results were not nice. Take a look at this site: www.mlmsurvivor.com |
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Local Time: 03:04 PM
Local Date: 12-02-2008 |
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#5 (permalink) |
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Senior Member
Join Date: Aug 2004
Location: Scotland
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Posts: 4,625
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Re: Home based businesses
follow the money, if you have to buy stock up front rather than order just as you need, don't go there. If making money depends on building up a network rather than selling a product be careful. Amway was one of the worst, their products may be good but are too expensive for what they are, they've changes their name in the UK. I've only ever met one that made money but plenty distributors that want to talk about a business opportunity but won't tell you exactly what it is without a two hour presentation.
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Local Time: 03:04 PM
Local Date: 12-02-2008 |
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#6 (permalink) |
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Senior Member
Join Date: Apr 2005
Posts: 1,159
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Re: Home based businesses
Generally speaking, but not exclusively, I think you will find that the MLM thing is designed to ensure that only the top couple of `pyramids` make all the money, and by the time that it filters down to those poor folk at the bottom, there is no money left to be made.
To quote an imaginary example, if they say, for example, you only need to sign up 5 other people to make a profit, and this carries on the `downline`, then those 5 people will need to sign up 5x5 =25, and those 25 will need to sign up 25x5= 125 and those 125 need to sign up 125x5= 625 and then it become 625x5 = over THREE THOUSAND RECRUITS and this is only at the fifth level down! Before too long you`d need to sign up everybody in the country or whatever - and at the same time everybody else in the country is also trying to sign up everybody else !!! |
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Local Time: 04:04 PM
Local Date: 12-02-2008 |
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#7 (permalink) |
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So much to learn!
Supporting Member
Join Date: Sep 2004
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Posts: 3,857
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Re: Home based businesses
Does anyone know of a solid home based business? I’m not out to get rich (it would be OK though) and I have no desire to solicit business from my friends.
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Local Time: 08:04 AM
Local Date: 12-02-2008 |
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#8 (permalink) |
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Senior Member
Join Date: Aug 2004
Location: Scotland
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Posts: 4,625
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Re: Home based businesses
Best one I've seen in UK is kleeneze-basically it's door to door selling but the only stock you buy is what you have sold you can see where the money is being made and it's hard graft. You must have something similar in the states.
Other than that how about consultancy of some kind? Know a couple IT guys that are now building up good businesses, they are good at what they do the key is building up a customer base. most of the busines growth is in sme's there is a demand for bespoke software and IT support |
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Local Time: 03:04 PM
Local Date: 12-02-2008 |
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#9 (permalink) |
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Senior Member
Join Date: Oct 2004
Location: Colorado
Posts: 749
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Re: Home based businesses
I hate how people get front end loaded.
I like Lotto Magic's 50% on team captins which means that people who join can be making money quickly and we do it with out front end loading people. And Clint if you don't want to pester family and friends we have post cards and flyers as well as a free website for recruiting. Due to having a kid and thus not as much time to goof around on the computer I'm going to be doing some pay per click advertizing. LottoMagicZ4941A http://www.flalottomagic.net/cgi-loc...elcome-344.com PS if your sick of clicking on links call 1-877-526-6957 ID Z4941A for free info on a great opportunity |
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Local Time: 08:04 AM
Local Date: 12-02-2008 |
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#10 (permalink) |
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Karma Lover
Supporting Member
Join Date: Mar 2005
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Posts: 1,148
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Re: Home based businesses
I friend of mine sold Amway for years, more as a supplement to his regular job. He worked in a factory making good money/benefits/etc. Someone then got him hooked into pre-paid legal services. He said he made so much money the first 3 months that he quit his factory job and just did Amway and Pre paid legal service. After about another 6 months, he was broke! Another year and he lost his house. I've heard too many horror stories to ever look into it as my only way of income.
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Local Time: 09:04 AM
Local Date: 12-02-2008 |
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