Wednesday, May 11, 2011
5 Tips for Finding the Best New Online Business Opportunity
By A. Hamid Adeniyi Otule
Since the inception of the new era of information age, virtually every day, hundreds of new online business opportunities flood unto the internet. If there is one thing that the internet is not short of, then it is business opportunities. In reality most of these business opportunities are not genuine.
Although there might be opportunities available, but these are not businesses as a business goes way beyond just making some extra money. This brought me to the question that how do you then spot the best new online business opportunity?
For those willing to find a good a business opportunity, here are some important point to consider and a guide to help you find the best opportunity.
Firstly, if you are going to venture into the online world to 'earn a living', I suggest you treat it as a business from day one. Incase you do not know; a business is not only based on fly-by-night scheme's, but focuses on good, solid and reliable principles that would ensure sustainability of your business and your income. In addition, a business also has the ability to grow and to add value to a market.
You should ask yourself 'will I still be doing these five years from now?' If the answer is no, then you are best to pass on that particular opportunity.
Secondly, do not make the mistake of jumping into the first and best 'new things'. Leave that to the impulsive people wanting to make a quick buck. Finding a good, reliable and solid business system is not that easy if I must tell you. It's best to give a new business opportunity some time to proof itself.
Am sure you know it feels to jump into something with all efforts only to have it collapse after six months. Waiting longer can get an opportunity crowded.
Thirdly, don't believe everything you read on the internet, because the internet is full of very clever and highly skilled copy writers that know exactly how to push a consumer's buttons. Many people have been suckered into buying inferior products based on the seduction of a good sales letter. It's important to try and look past all the hype and 'proof' and 'testimonials' and look at the business concept behind it. If the sales pages can't tell you exactly what the business is all about, then don't even bother. If possible, contact the support team and ask them questions concerning what they are offering before you invest your money, time and energy in it.
Fourthly, the best online business opportunity is not necessarily the most lucrative. It's true that there are quite a few schemes where you can earn some good money really quickly. The majour challenge is the sustainability chances. Just ask anybody that was involved with DX Gold for example, and they will testify just how painful it is to loose your stream of income because of a 'flimsy' business system.
A business that is sustainable will definitely allow you to keep earning money for the rest of your life as it will allow your business to grow and to expand and become stronger with time. Along with this your income will gradually build and you will end up doing less and earning more.
Fifthly, don't replace on job with another! If you are turning to the internet to get out of your brain-dead day job, then you probably want to do what you love and work less while earning more. When you are looking for a good online business opportunity, then you want to make sure that the system is based on multiple streams of income and that it works FOR YOU - even if you are not working it.
Lastly, get involved on community forums like WAHM, Facebook, Naijapals etc and see what other people are saying about a specific opportunity and don't be afraid to ask for opinions. When you do commit to an online business opportunity, make sure that it has a support forum and that you have the ability to work with other like minded people and a dedicated staff willing and able to help you succeed. Am sure if you follow this procedure, then you are on the verge of making it big doing online business.
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I wish you best of luck.