Pa$$ive Income- The ‘BIG’ Picture

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Here are my 10 Points you should consider before becoming a Home-Based Business Owner:

Our Motto is: Choose. Share. Win.

*The Business models that SOLVE the most PROBLEMS for the most PEOPLE, make the most MONEY.  

1. Minimal Risk: There is a certain amount of inherited risk involved when you become a HBB Owner. We are confronted with losing money, wasting time, and/or not being in profit right away. In a traditional brick and mortal business, the startup cost associated with opening a business is what holds many people back from becoming the creators of their own destiny. People do not like risk and try to avoid it by all means. We'd like a "guaranteed bet" and stay within "our safe zone". In business, you don't eliminate risks you learn to minimize them. With minimal capital investment, it is possible to get started with a company of your choice and market products/services that you already consume. Besides, I can tell you first hand, the amount of financial commitment is insignificant compared to that of traditional business.

2. A huge demand for Good Quality Service: There are a myriad of companies that promote very good products. If I were considering a company to get involved with, I would always ask myself:  A. Do these products/services bring any benefits/value to a consumer besides the opportunity to make money? B. Does the products/services have Mass Appeal? C. Is the product/service Affordable? Every business needs repeat customers. Business owners only get paid when they have consumers for their products and when the customers continues consumption. 

3. Residual Income: When the initial effort of getting a new customer is completed, you can enjoy the residual part of that business relationship. We are so used to trading our time for wages that we often don't see the potential for residual income. You can also claim your share of the residual income pie.

4. The Income Potential: There is no cap on how much money you can generate. In my current corporate job, my biggest limitation is that regardless how hard I work for the company, my income is tied to a "market standard" for someone with my skills. The skill set is key. Once you trained yourself, you can market anything you choose and generate the income you seek.

5. No Employees to hire as with the Home-Based Business model. By far, this is a clear advantage over traditional businesses. Without any employees, it's possible to build a business right from HOME. This industry gives you that added benefit of being in business without employee concerns. The network of independent business owners work together towards a common goal.

6. No Inventory: Traditionally, Network or Affiliate Marketing companies would have distributors stack up on inventory(mainly network marketing). This concept alone has given the industry a BAD wrap for years. *Note: At The Referral Brokers, we do not believe in 'stacking up' products in your home.

7. Low Operating Costs: The Home-Based Business model makes it possible to run a business at low costs compared to any other business model. This is where your team support should come in. A good mentor should allow you to piggyback on his/her expertise. Our initial goal is to help you generate the funds to pay off your initial investment and get in profit mode early in the life of your business.

8. The Leverage: Whether it is people business; business of appointments; business of helping consumers find what they have the need for; or in the business of helping others create businesses; You reap the rewards by leveraging the efforts of those you help. This develops a collective mindset that promotes "win-win" relationships.

9. Portability: With the advent of technology, we can do today what distributors 15 years ago could not do. We can make our business portable. We now have a phone technology that allows you to take your business anywhere. As long as you have access to the Internet you can take your laptop and/or phone, and continue doing business anywhere. Even in another country!

10. The Attainable Freedom: Imagine having a productive business as a Marketer providing you with a lifestyle that only the rich and famous enjoy. When all the pieces are in place, the life can be very fulfilling. That's the dream we all chase. It is only attainable when there is a clear understanding of how to get there and when your marketing skills are sharp.​ In my estimation, it is not just the money, but the fulfillment of a lifestyle that makes the Home-Based Business model the best business today.

*The Home-Based Business is the BEST way to keep out of DEBT or OVERPAYING your TAXES.