A Unique International Business Opportunity

When a fledgling entrepreneur considers venturing into an
international business opportunity and decides to research
the available opportunities, perhaps using Google or one of
the popular search engines, very little information is to
be found. In fact the term “business opportunity” yields
approximately 250 thousand search results, “home business
opportunity” yields approximately seventy thousand search
results, “network marketing business opportunity” yields
slightly over one thousand results and “international
business opportunity” is just about equal to “network
marketing” in terms of search results.

It’s obvious that
there are hundreds of thousands of individuals interested
in a “business opportunity”; however, by far the majority
limit themselves to considering more conventional or
perhaps “vague” opportunities. This article will propose a
broader look at available opportunities and in fact will
consider a unique, if not compelling look at an
international business opportunity and more specifically a
generalized network marketing international business
opportunity.

Before delving into international business opportunity
specifics, let’s take a look at the cultural and
technological developments that have come about in the past
15 to 20 years that make it possible, and perhaps even
desirable, to consider a more global view when approaching
a new business opportunity. Tremendous strides in
communications technology brought about in a large measure
by the development and astronomical growth of the Internet
have made instantaneous communications with a prospect,
client or business associate not only simple but very
inexpensive. The advent of email, audio/video conferencing,
and VOIP (voice over internet protocol) phones have made it
as easy to contact the person next door, as the one down
the block, in the next state or on the next continent .

Indeed because of these strides in technology it is
possible to combine the “business opportunity”, the “home
business opportunity”, the “network marketing business
opportunity”, and an the “international business
opportunity” into one all encompassing global business that
is operated out of a home office with a computer and broad
band internet connection with little else needed. To be
entirely correct, there are already a small number of
leading edge companies that are operating in just this
manner with all of the tools in place to operate
nationally, internationally or globally.

While it is not the intent of this article to make specific
international business opportunity recommendations,
consider as an example a business using a model of
operation commonly referred to as a Funded Proposal or a
Generic Funded Sponsoring Franchise System. The Funded
Proposal, in a pure sense, consists of three parts: the
Funded Proposal, secondary sales, and a primary business
for long term wealth generation. Many businesses using this
model, market an information product such as an ebook,
course, or seminar that they sell to first qualify
prospects and to generate income to fund their future
advertising in building their business.

The secondary sales, sometimes referred to as back-end
sales, can be products, services, or tools that are an
integral and fundamental part of the operation of the
business as well as to further enhance the income generated
by the business. It’s possible that a break-even or
slightly profitable position can be achieved via the
secondary or back-end sales.

Obviously, the primary business is the most crucial part of
the international business opportunity and must be selected
with great care. There a number of factors that must be
considered carefully. These include: 1. The Company must
have unique products that serve multiple different market
categories and appeal to the masses. 2. The company must be
stable, must have been in business for a minimum of 15 to
20 years, and have the ability to generate long-term sales
and income. 3. It must have a system that is simple and
duplicatable for product marketing and delivery. 4. The
Company management must have been successful business
leaders and have a vision for future growth. 5. The Company
must be global. 6. It must payout at least 50% of sales,
offer unlimited depth within the compensation plan and must
offer meaningful Fast Start Bonuses. 7. They must give back
globally and have a vision of making an impact on the world
in a positive manner.

In conclusion, given the correct business model along with
a well thought though plan or vision for success, the
extraordinary tools that are available today and with
plenty of hard work, it is entirely possible to start a
successful business with a minimal investment. That is not
to say that there will not be obstacles and disappointments
along the way, but regardless of the choice, whether it be
restricted to one’s home town, whether it be a network
marketing business opportunity, a home business
opportunity, or an international business opportunity
there’s little doubt that one exists which will fit your
desires and expertise, but make sure that you do your
research and that your selection is based on a sound
business model and well thought out plan.

What to Look for in a Home Based Business Opportunity

When you were younger, did you ever dream about having your own home business? Were you sidetracked somewhere along the way and now find yourself caught in the 40-40-40 rut?

40-40-40 Plan (Rut)

40 minutes going to and from work

40 hours of work per week

40 years of life spent working slaving away for someone else?

When things get unfairly tough at work, do you still dream about your own home business – what you would do, how you would run your own home business, how you would treat your employees, what kind of money you would make, what product you would sell? Then when you decide to make a change in your life, do you look for another 40-40-40 job, putting your dream of your own home business on the back burner again for more of the same?

Do you know the end results of the 40-40-40 plan?

1% are wealthy enough to retire in comfort

3% are barely able to survive

27% are dead

69% are dead broke

Do you want to be in the top 1% that is willing to do something about it now, before it is too late? Being a former Human Resource Manager, I knew these statistics all too well, and I decided to take preventative measures.

Since you are still reading this article, I am going to assume you are looking for a change, moreover, a change as quickly as possible. So, let me share some of the wisdom I have gleaned from looking for a home business opportunity.

The two major focal points when looking for a home business opportunity are ones that will:

· optimize your efforts and time

· produce optimal financial rewards

Below are seven simple criteria to consider when looking for a home business opportunity:

1. Look for a business opportunity that offers a product or service that is, or will be, used daily by every household and/or business…

Think about products or services in your house that probably everyone around the globe uses on a daily basis. For example, services such as utilities, communication, appliances, etc., or products such as shoes, clothing, soap, etc.

Now think bigger – a product or service used on a daily basis AND that would represent a paradigm shift. For example, a paradigm shift was created in global communication when Alexander Graham Bell invented the telephone. Before 1885, no one had a telephone, nor had they ever heard the word “telephone”. Today, how many people do you know that do not have a telephone or cell phone?

Another paradigm shift was created when the first flight was made by the Wright Brothers in 1903. Today, man has already stood on the moon. Make yourself a list of products or services in your house that you can research to consider for a business opportunity.

2. Search for a home business opportunity that offers a product or service that has a global market…

It’s a small world. Plain old common sense would tell you that a home business opportunity with a product or service that has a global market would produce warp speed revenue when compared to one that is only within a local, regional, or national area. For example, the revenue produced from Microsoft with a global market is light years greater than that of a local shoe repair shop.

In addition, as you research this global home business opportunity, you will want to make sure that you are not required to stock products. It is time consuming to order products, receive and send out the products, manage backlogs, etc., not to mention the additional costs out of your pocket for shipping and mailing. You also encounter product changes or upgrades that makes your stock obsolete. So, avoid these types of home business opportunities like the plague.

3. An absolute must! Find a home business opportunity that incorporates leverage in its pay plan…

A business opportunity that incorporates leverage in its pay plan provides the best of both worlds. Leverage is a relatively simple concept. The best example is probably Ray Kroc and McDonald’s. Ray Kroc set up franchises for McDonald’s that agreed to pay him 3% of their profits.

In essence, McDonald’s sits back and collects 3% of the profits resulting from others exerting their time and their efforts. Let’s say, just for discussion purposes, that Ray Kroc sold 100 franchises and each produced profits of $50,000 that year. 3% would have produced $150,000 for Ray Kroc, yet he personally exerted no effort or time himself. What he did do though was brilliant, as he applied leverage by selling franchises, and became quite a wealthy man as a result.

Leveraging your home business will minimize your time and effort while maximizing your financial rewards. In a relatively short period of time, your home business will take on a life of its own, and you will be on the fast track to healthy wealth.

To find a home business opportunity that will rocket you into financial freedom, the company should incorporate leverage, not only in their business plan, but also in their financial rewards, preferably on a weekly, monthly, and annual basis – one of which should be residual. Residual is important because you want some form of steady income that you can depend on.

4. Search for a home business opportunity with a company that has live 24/7 support available…

Perhaps you have experienced the nightmare of attempting to make an automated payment where you could not figure out which button to push next, or what they meant by their selection choices, and you were unable to talk to a real person to get your question answered. The frustration even compounds when there is a deadline involved for a continuation of service.

Repeat customers comprise 75% of businesses, and satisfied customers will be the main reason for their repeat business with you and your product or service. Even in this automated society, the person-to-person contact is preferred, at least by the customer. Therefore, your success is dependent upon a home business opportunity with a company that has live, warm bodied live support 24/7 – whether it is support you may need, or support your customer may need.

Another important aspect of a home business opportunity with a company that offers live support 24/7, is the global perspective. What is morning for you may be the next day for someone else on the other side of the globe. To be honest, I am hard pressed to think of an international company with live personal support. Locally, they are even hard to find! So, when you locate a global home business with a personal touch, you have found a true gold nugget.

5. Seek a home business opportunity with a company that has a proven success record…

A lot of people, and a lot of companies offering their business opportunity, will tell you anything they think YOU want to hear in order to separate you from your money. When you talk to someone about a home business opportunity – turn the tables. You interview them.

Don’t be afraid to ask the hard questions like what they are making on a weekly, monthly, or annual basis with their home business. Ask them how long they have been running their own home business. Find out how many hours a day, week, or month they spend working their business. Ask them to give you examples of how they market their home business. Especially important is to ask if they have to spend additional money for items such as business cards, advertising tools, etc.

An example of a company with a proven success record is Xerox. Although Xerox is not a home business, it has a proven success record. In fact, they were so successful that their name is not only an icon, but the name “Xerox” is synonymous with the word “copy”.

6. Look for a home business opportunity with a company that incorporates training from experts and other professionals…

The majority of people on the Internet do not know how to harness the power of the Internet and turn it into wealth machine for themselves. Most people do not know how to market a home business. Therefore, a home business opportunity with a company that incorporates professional, expert training, taking you from the basics through the advanced stages of a marketing system, including how to use software programs, marketing tools, etc., is a virtual gold mine.

Since the majority of people on the Internet are not savvy with how to harness its power, a home business opportunity with a company that incorporates professional expert training is a definite requisite for success.

7. Look for a home business opportunity where the company works as a Team.

We all have our own weaknesses and strengths. We all like to have periods of “fun” when we work. When you have a business opportunity where the company works as a team, then your weakness may be a team member’s strength. For example, you may be detail oriented and have a harder time conceptualizing or seeing the whole picture. However, someone on your team may be the opposite. Combining your strengths will optimize your productivity.

In addition, we all have our “good” days and our “bad” days. Have you ever been around a negative person for any length of time? They pull you down too! If you have your own home business, you need to be upbeat and project a positive outlook at all times. So, when we have one of our “bad” days, it is always helpful to have someone from the team help to re-focus on the positive. Then when all are sitting around on the beach somewhere sharing war stories and battle wounds, everyone will have a good laugh.

Well, those are my nuggets of wisdom when looking for a home business opportunity. If you would like to minimize your search time and discover a home business opportunity that incorporates all 7 criteria, I can offer you one final nugget — simply go to: [http://www.globalsnippetes.com]

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Find the Probability of Success for Any Online Home Based Business Opportunity

There are about three big opportunities per lifetime. Like baseball, if you miss all three, you are out. Do you remember the last online homebased business opportunity you missed? Did you miss Microsoft? Did you miss Yahoo? Did you miss Google?

Couda, shouda, wouda

Why did you miss out? Was it lack of knowledge? Was it indecision? If it was lack of knowledge, you can forgive yourself. You can not know what you do not know. There was nothing you could do about it. If it was indecision, there was something you could have done.

Oportunity is the fruit of Convergence. Peter Drucker defines opportunity this way:

“Opportunity in the market place is because of a process of convergence of forces that were previously not together.”

The idea of forces coming together, converging, is stronger than the business itself. The essential forces Peter Drucker did not individually identify as converging will be enumerated and discussed in this article.

There are five essential forces that must be present for any successful online homebased business opportunity. This article will describe these five essential forces that must be in place for any online homebased business opportunity to be successful. These five essential forces apply to any online homebased business opportunity. They are universal, abstract, and independent of business type. They apply from academia to zymology.

A simple analytical method to evaluate these essential elements and arrive at a numerical figure of merit will be presented. The method is strong, impersonal, and reliable. You will arrive at a numerical rating for the relative strength for the Probability of Success (S) for any online homebased business opportunity you care to evaluate. Reducing the evaluation to a number between zero and 100 gives you a powerful, impartial method to evaluate or compare any online homebased business opportunity. This will remove emotion from the decision process.

Convergence of these five essential ingredients is absolutely essential for success. All five forces must be present simultaneously. In other words, they must all converge at the same point in time for the same business venture. They must all be in the right place at the right time to create a successful online homebased business opportunity.

These forces are the essence of all businesses, regardless of product. They are like the spokes in a wagon wheel. If one spoke is missing, the wheel breaks down. Each factor dramatically affects the success of any online homebased business opportunity.

Without the convergence of these five forces there is no online homebased business opportunity. If there is no convergence, there is nothing you can do to make the business a success. No amount of hard work and no amount of money will yield success.

Opportunity presents itself only when all these forces are in simultaneous alignment. One force is not considered more important than the others. The order in which they are presented is no indication of their relative values. They will be discussed in random order.

This method is not buried in concrete. Feel free to make your own assessments of relative importance. When you finally establish a value, stick with it. Be consistent so comparisons can be made between one online homebased business opportunity and another. For example, if you decide leadership has a maximum value of 2 or 5, stick with it on any online homebased business opportunity you wish to evaluate.

It will be convenient if the sum of the maximum values allowed always equals 100. In this case, Leadership has been arbitrarily assigned a maximum value of 2. All you need to do is decide if the leadership of your proposed online homebased business opportunity deserves a zero, 1, or 2.

1. Company (C ) (Maximum = 20)

Company Management (Maximum = 10)

Leadership (2)

Confidence or trust (2)

Experience (2)

Honesty (2)

Influence (2)

Company Financial Stability (Maximum = 10)

Assets (2)

Cash (2)

Credit Rating (2)

Visibility (2)

Technology (2)

Many start-up online homebased business opportunities do not have the financial assets to sustain their own growth. A viable online homebased business opportunity must have very deep pockets or be owned by a company with very deep pockets, preferably a parent company that has already gone through the growth cycle and has the funds to support the new growth.

2. ProDucts (D) (Maximum = 20)

Leading Edge Product Technology (Maximum = 5)

R&D

Proprietary (No other place to get it)

Competitive

Product Quality (Maximum = 5)

Quality, like Reliability, must be built into the design and process. It cannot be “tested” or “worked” into the products.

Product Fills a Recognizable Need (Maximum = 5)

There should be a clear need for your product or service. If there is no need, there is no demand, and there is no opportunity. There may be very little demand for 78 rpm vinyl records.

Consumable (Maximum = 5)

If the product is not consumable, there is no additional market after the initial sales and there is no opportunity.

Trends (R) (Maximum = 20)

Demographic Trends (Maximum = 10)

As individuals, we can not create a demographic trend. We can only recognize it and take advantage of it. The “Baby Boomers” are the largest market in history. Starting immediately after WWII, 76 million babies were born during the period between1945 to 1964. When the first of these babies were born, a powerful demand for baby products materialized. Companies like Johnson & Johnson and Gerber’s made huge profits. As these babies started shaving, Gillette started making huge profits. As they learned to drive, the Ford Mustang was in demand. As these babies began to have babies, the Mini-Van became desirable. If your online homebased business opportunity is positioned in front of the Baby Boomers, assign Demographic Trends a maximum value.

Economic Trends (Maximum = 10)

Individuals do not create an economic trend. Individuals have no control over economic trends; however certain businesses are sensitive to economic trends. Real estate is sensitive to interest rates. In times of economic downtrends a low number would be assigned. Cosmetics, on the other hand, are virtually immune to economic downtrends and would be assigned a high number. People will give up eating to look good and feel good. If your online homebased business opportunity is immune to economic trends assign a high number.

Timing (T) (Maximum = 20)

You have no doubt heard the expression that in real estate the three most important factors are Location, Location, and Location. In an online homebased business opportunity, the mantra is Timing, Timing, and Timing.

If one force is more important than the others, perhaps timing is the most important element of success. Timing, like trends, is also beyond your control. Like trends, you can only recognize timing and take advantage of it. There is nothing you can do to improve timing. It is either there or it is not. If timing is present assign a high number based upon the following criteria.

A. Formulation Phase: (Maximum = 20)

This is the phase where research and development are just completed. Production and initial marketing efforts begin. This region is characterized by slow, deliberate growth. As an agricultural example, this is the time for planting. It is defined as the region of the growth curve where income from sales is less than $50 million per year.

This is the time to get into any business. It requires forethought and knowledge. It does not require speculation. It requires due diligence on your part to study the online homebased business opportunity and arrive at your estimate of the strength of the five essential force ingredients of a successful online business venture. If you identify that your online homebased business opportunity is in the formulation phase, assign timing a value of 20.

B. Critical Mass Point

he critical mass point is defined as sales of $50 million per year. This is the point which will determine ” When”. This is the point when your labors will begin to yield fruit at such a great rate you will be unable to contain them. From this point onward, the curve rises ever so steeply. This is the time to act quickly and decisively. If you are not on board at this time, your online homebased business opportunity will quickly leave you behind. If you identify that your online homebased business opportunity is at the critical point, assign timing a value of 20.

C. Momentum

Momentum is defined as sales greater than $50 million per year and increasing very rapidly. If you have exercised your desire, ability, and motivation, you have already become a participant before your online homebased business opportunity reaches momentum. You have exercised your choice and are now in position to enjoy the fruits of your labor. There is nothing you can do to stop the momentum which is now building beneath you. It is beyond your control. It is like a giant wave that carries you to the pinnacle of success. There may be some who grab onto an online homebased business opportunity as it speeds by them, but the exponential growth eventually decays exponentially as the wave crest rises higher and higher until the opportunity diminishes. For example, you could buy Microsoft stock now, but the big opportunity is already over and it will never come back again. If you find your online homebased business opportunity is just starting into momentum, assign timing a value closer to 20. If you find your online homebased business opportunity near the top of the curve, near stabilization (defined below), assign timing a number closer to one.

D. Stabilization

This is the area where the exponential growth has died out. Momentum has dissipated. Sales are good, but sales are not increasing exponentially. The business is mature, stable, and secure. The curve is relatively flat, and growth has slowed to a value similar to the development phase. The online homebased business opportunity has gone. It is passed. It is over. There is no online homebased business opportunity. If you find that your online homebased business opportunity is in stabilization, assign timing a value near zero and start looking for another online homebased business opportunity.

Compensation (K) (Maximum = 20)

Leverage (Maximum = 10)

If you trade time for money, you will never get ahead by investing one increment of your time for one increment of income. You will remain in the very treadmill you are trying to escape. You will get by, but you will never get ahead. If you want to get ahead, you must find a way to multiply your efforts. That is done by leveraging yourself. J. Paul Getty stated this clearly when he said:

“I had rather have one percent of a hundred people’s efforts than 100% of my own efforts”.

If you have no way to leverage yourself (e.g. fixed salary) assign leverage a number near zero. If you can leverage yourself, assign a number closer to 10.

Multiple ways to earn income (Maximum = 10)

Sales Profits (1)

When you can profit from your own sales efforts, assign a value of 1, otherwise zero.

Override (1)

If you receive override compensation on the efforts of others, assign a value of 1, otherwise zero.

Matching (5)

If you can receive matching compensation on the efforts of others, assign a full value of 5.

Residual (2)

If you can build your equity to the point that you have residual compensation from your previous efforts, assign a value of 2.

Perpetuity (1)

If your equity is yours to sell or will to your survivors, assign a value of 1, otherwise zero.

Define the Possibility for Success (P) as being totally dependent upon the sum of the five prime forces required for a successful business (above). Notice that it has nothing to do with you. The only thing you will do is evaluate each ingredient and assign it a strength value. This will depend upon the research you conduct to gain information about the five essentials for the particular online homebased business opportunity. Assign each one of the five ingredients a value from zero to 20 according to the instructions presented above. (Naturally, 20 is the ideal, strongest value.) You have determined all the values for C, D, R, T, and K.
Repeating, you have evaluated each force ingredient separately and arrived at your evaluation of its relative strength.

Add up all five of your separate evaluations.

P = C + D + R + T + K

For example, if all five ingredients are present in your online homebased business opportunity and each is individually evaluated as being 20, then:

P = 20 + 20 + 20 + 20 + 20

P = 100

Let us further define a Multiplier (M), as a figure of merit derived from your desire, motivation, and ability to succeed. Let M be limited to a number between zero and one with zero being the worst case and one being the best case. Note that this multiplier is entirely dependent upon you, not the online homebased business opportunity. Determine this multiplier number by self-evaluating your desire, ability, and motivation. Notice that the multiplier number does not depend on your time. Too many people say “I don’t have the time.” That means you are “too busy chopping wood to stop and sharpen the axe”. Successful people do not have time—they make time. Ideally, you want to rate yourself as a “1”, not a zero. But unto thine ownself be true.

Define Success (S) as:

S = M(P)

If you are a “one” and not a “zero”, and all five ingredients of your online homebased business opportunity are present at their full value, there is no gamble since:

S = 1(100)

S = 100

Having completed your “due diligence”, failure is no longer an option or possibility. The probability for success is 100 percent. Your success is assured. It is no longer a question of “If”. It is simply a question of “When”.

Get on board this online homebased business opportunity fast

Use this procedure one each online homebased business opportunity that you wish to evaluate and compare.