What criteria to use then? Well, it depends on your particular circumstances, but you can use the criteria that I used when starting out in the world of online business as a guide…
– I decided that for me to take an online business opportunity seriously, it would need to have a commission structure or compensation plan in place that would allow me to earn $100,000 within the first year. I was prepared to work hard, so I needed to know that I would be rewarded sufficiently for doing so.
The figure that you aim for is up to you; just make sure that it is realistic i.e. somewhere between $1,000 – $250,000. All that matters is that you have a particular figure in mind, as this will allow you to focus your attention on just opportunities that fit within that earnings bracket.
– I knew that any business that was seriously going to be able to deliver had to have a proper system of training and support in place. After all, you can have the best business in the world but if there is no proper system in place when you start, you are going to waste an awful lot of time looking for the missing pieces of the jigsaw.
Most people do not consider this aspect of a business opportunity until they have already made an investment (whether it be time, money or both) in it. They get started, come across a problem, and then find there is no-one willing to help them, with the consequence often being that they become disheartened and give up.
– I understood that, particularly in this uncertain economic climate, any business that I was entering into had to be in a growth market, and not a market that was suffering from the vagaries of the so-called ‘recession’. In short, I had to feel confident that as I grew, the business was going to grow with me.
It is no good trying to trying to paddle upstream if the tide on your opportunity has already turned and is going the other way. All businesses have a period of growth, plateau and then, if a new idea is not launched, they will go into decline. Ask the question: When did the top earners have their best year income wise? This year, last year, 5 years ago?
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