Archive for Starting a Home Based Business

One Solution for Overcoming Objections

By Scott · Comments (0)
Thursday, April 15th, 2010

If you are in network marketing you have no doubt experienced rejection and tried to figure out how to overcome objections, or as an alternative you quit. If you read my post yesterday you saw where you have four major objections, overcoming objections is a must. People will throw up an objection even if they are interested. In some instances maybe just to check your resolve.

You can sum them up in those four main objections or something very similar. There is a second part to that post, but I want to post another solution for you today. This is a solution for every objection that you will receive in Network Marketing.

Are you the least bit curious? Well here is the one solution, and it is Own Your Channel. If you are on any of the social networking sites like Facebook, Linkedin, Twitter and  MySpace more than likely you have connected with people with not much of an issue if any at all. They could be family, friends, co-workers, ex-co-workers or someone that you may not even know that well, or even strangers. Why is it that you could connect so easily and why were you able to invite people to join you on these sites with no objection whatsoever?

The reason is you simply invited them to a social network, you invited them to a place that they were not threatened. You were just inviting them to a place to be able to connect with you. Now let’s be realistic and totally honest, there could have been a few people that showed a little reluctance but eventually even they came around. One of the reasons social networks are so popular is people like connecting with other people, and it is much easier to connect with people that are like-minded.

So back to the Solution of Own Your Channel which sometimes is referred to as OYC.

Own Your Channel is a social network, the tag line is; A Social Network for Like-Minded Entrepreneurs and that is exactly what it is. OYC is an entrepreneur network, a  place that you can connect with people who think outside the box, people that have achieved a level of success and people who are desirous to learn. That is great all by itself, but it does not stop there, you can actually become a paid member for only an investment of $9 a month. You may be thinking but what do I get for $9 ?  The opportunity to build a team of people who have a similar way of looking at things, you can develop relationships with people who understand opportunities. When you grasp the big picture, catch the vision you realize that OYC affords you the chance to build your team ONE More Time. However, here is the clincher, or it was for me, as my team is being built, the work is being done one time, not over and over again. You do not have to do the work repeatedly in Own Your Channel. Let me borrow a line from my business partner. Tom Aliprandi whose site is http://TomAliprandi.com. Tom states: “Own Your Channel empowers the distributor and saves tremendous amounts of capital while building an organization perhaps 10X faster than with being a distributor with any network marketing company”. It also builds inherent loyalty and provides multiple income streams through the same One Team. Well, said Tom.

You know that your degree of success is determined by the size of your team. The bigger the channel/team that you build and own the faster you can create multiple streams of revenue that can turn into raging rivers of income. OYC is or could easily become your vehicle to do just that.

How, is now the question in need of answering? The how is again OYC. What takes place in the social network of Own Your Channel?

There are companies that are referred to as portfolio companies, however not just any company becomes a portfolio company. These are companies that are required to meet stringent criteria. One way to think of the portfolio companies is to liken it to a mutual fund. In a mutual fund, your investment is diversified, you have your money spread out over a multitude of different types of companies; you are not limiting yourself by putting all your eggs in one basket. It is the same in own your channel; you have a diversified portfolio of companies that provide different types of products and services. What you are not doing is trying to handle a multitude of companies; your focus is on building a team, not promoting a service or a product. You are committed to your team; you are focused on your destination, not trying to keep all the balls in the air at the same time. As you move into a portfolio company, your team moves with you, you have just hit the ground running. What does that mean? It means that you just positioned yourself to start being paid by that company, immediately because you brought your team with you. I know by now the lights are coming on, and you are starting to get excited. Take the next step and make contact and let’s get you on our team as we build multiple rivers of revenue.

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Categories : Starting a Home Based Business
Tags : building a team, entrepreneur network, multiple income streams, network marketing, overcome objections, overcoming objections, think outside the box

Starting a Home Based Business

By Scott · Comments (2)
Sunday, December 20th, 2009

Starting a Home Based Business – Commitment Level Part III

Starting a Home Based Business in my opinion and from my experience is always the right decision. For me it is, but the question is, is it the right decision for you? No one can decide for you if it’s time to have your own home business opportunity, except you.

What I will say is with the economic climate the way it is, this could be the perfect time to get started. Experts are predicting that it will be at least 5 years before unemployment is at 5% again. Why wait? Become gainfully employed in your own home based business today.

Now back to where we left off the last time, and that is how to start a home based business. How you start is by being completely honest with yourself about your commitment level. We have covered the importance of knowing if we are committed to starting a home based business. We have also determined how important it is to know that the person who brings us into this business opportunity is committed to us having a successful home business. But does a successful home based business end there or is there more?

Well, there is more, that is if your at home business is a legitimate home based business. You also need to know if you are going to have a profitable home based business, that without question the company you are about to start your business with is committed to their distributors. This is not just about a work from home business opportunity, it is about having the best home based business for you and your family.

You have your own reasons for wanting to want to work from home but this is one more fact to consider. You can be committed and the person who brings you into the home based business industry can be committed but if the company is not committed to you and to your long term success, the rest is a mute point.

If the company is not committed to the people who are working from home to build the business, in the long run, it will not work or last. You might be thinking, well of course the company is committed, but that is not necessarily so. There could be some things that the company has been advised to correct but instead of correcting them, they continue with business as usual. The business is growing and it looks good from where you stand, until one day you wake up and realize that the company is in trouble, because they never bothered or took the time to make the necessary adjustments and it came back to haunt them. It happens all too often in the home based industry. If the company is committed to the distributors this will not happen.

If the foundation is not properly laid and the leadership of the company does not know how to take the company to the next level, it is just a matter of time until there is a collapse. It is not how you start, although that is important but it is how you proceed and how you finish. Everything can seem to be in place and going great but believe me if the foundation is cracked, and the owners or founders of the company have skipped a step or two it is just a matter of time. Something will happen to expose the crack in the foundation. If the leadership does not look at the big picture, there will be problems. What is the big picture? It is realizing that they need to pay the distributors all they can and not nickel and dime them over things. They realize that taking care of the people actually building the business is crucial. The company takes care of the distributors and the distributors in turn take care of the company. It is a two-way street, but with many companies it is a one way street.

So as I try to close this post here is the important take aways:
1. You have to know you are committed to your home based business long term.
2. You must know that the person bringing you into the home based business is committed to you and the company.
3. Last you have to know that the company is as committed to your success, as you are to building your work from home business.

If you have all of this in place and your network marketing strategy, you are on your way to building a successful home based business. One that will produce a residual income, and over time will allow you to have the time and financial freedom we all dream of.

Comments (2)
Categories : Starting a Home Based Business
Tags : home based business, legitimate home based business, Starting a Home Based Business, successful home based business, work from home
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