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Last updated: 7-28-11

BuiltWithNOF

 

Straight Talk
from Tom LeBlanc
Successful Home Entrepreneur

tn_Tom-Photo03

      
Investigate BEFORE You Invest.

After interviewing numerous motivated home business seeking individuals across the United States and Canada I have come to one major conclusion: The majority of people, I spoke with, are tired of their present financial condition and generally fall into one of three groups.

Broke but still have hope: The first group are simply short on funds. The gas prices and the general cost of living make it difficult to “just get by.” These precious people care about their families and their future. They are looking for a way to make enough extra money to get by.

Want to make things better: This group are “getting by” but want more out of life. They want a better car or a better house and an education fund for their children. They are looking for a way to supplement their current income.

Plenty of money but no time: These folks are earning good incomes but it takes most of their waking hours to do so. They are tired of working long hours and having no time left to spend with their families. They find it hard to get away.

Whichever category you feel you are in I want to caution you to investigate before you invest. I know you are anxious to get settled into a business that can supplement or even replace your current income. Please be cautious! Do your homework and ask questions. The last thing you need is more disappointment and money going out. Those who are desperate to find something better are often vulnerable. Believe me, I know how it feels to have false hopes and insufficient information lead me to invest a large chunk of money (that I couldn’t really spare) into an opportunity that didn’t work out because I did not fully understand the expenses needed to ensure its success.

Realize that there is no “Get Rich Quick.” Short of winning the lottery there is no “Get Rich Quick” and there is no totally easy way to wealth. In fact, the only place Wealth comes before Work is in the dictionary. ANY legitimate business will take time, effort and dedication. This equates to the four letter word -- WORK! Only you can decide if your goals and dreams are worth the effort. A business seeker must find out what kind of work and how much work can be expected to get the business up and running.

Ask for Startup and Operation Details: As you talk with individuals about joining their opportunity I’m sure you will ask “How much will it take to get started?” This is a good question and you deserve a complete and honest answer. The startup cost extends far beyond purchasing a “Starter Kit.” Other startup expenses could include: business cards, internet connection, Web site and hosting fees, and equipment. Monthly operational costs may include: a good flat rate long distance plan, advertising budget, 800 number service for recorded message, monthly purchasing quotas or requirements, and so on. The person trying to recruit you into their business opportunity can provide you with the details that are specific to their industry.

In summary, you owe it to yourself to do the research and ask questions before you invest any of your hard-earned money. There is a “perfect home business” waiting for you. We, at Home Entrepreneurs, want to do all we can to help you find it.

 

 

 

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