Entrepreneurs Wanted – Once you’ve decided to take the plunge and enter the scary, exciting, challenging and oh-so satisfying world of entrepreneurship, you need to find the best business opportunity. How do you find one that has potential, sparks your interest and doesn’t break the bank? How do you find one that isn’t a scam?
Entrepreneurs Wanted! Here is a look at how to avoid scams and 5 tips for finding biz opps and evaluating their potential and fit.
Avoid Scams – Entrepreneurs Wanted
There is simply nothing more discouraging than investing your time and money in a scam. Sadly, they are everywhere online. You can avoid the disheartening experience with research and applying your analytical skills to the promises in sales literature.
Here are 3 tips to avoid a scam:
- If the ad claims you can earn a specific amount, the seller must also list the percentage and number of other buyers who achieved that income. If he doesn’t, he’s in violation of the law and it’s most likely a scam.
- If the ad says you can make thousands in minutes a day, figure it’s a scam. If it sounds impossible, it probably is.
- Check with the Better Business Bureau for complaints. Do an online search for dissatisfied buyers. Check out reviews on biz opp sites and forums. Don’t rely on testimonials provided by the seller—if it’s a scam, the testimonial are probably fakes.
Finding the Best Business Opportunity for You- Entrepreneurs Wanted
- The five recommendations that experienced entrepreneurs suggest are:
- Research before putting down any money
- Look into as many ideas as possible before deciding
- Decide on a budget and stick to it
- Start small
- Choose a biz opp that you have a real interest in
Research: the Essential Ingredient – Entrepreneurs Wanted
You’ll find the best opportunities gathered together on sites like ours, BusinessOpportunity.com. Because we have a track record for attracting interested buyers and have been online for many years, quality biz opps prefer to advertise here.
On our site, each biz opp entry has a range of information that can help you decide if the business sounds legitimate, if it fits your interests and if you can afford it. You can click the Learn More or Get Info button to continue your research about specific opportunities.
Compare: Look at a Variety of Ideas and Businesses – Entrepreneurs Wanted
A marketplace like BusinessOpportunity.com makes it simple to check out a variety of business types, all in one convenient location (for example, starting a turnkey business for yourself). You can go directly to categories that already interest you. You also have access to ideas that may be new to you, business opportunities that you never thought of.
Since research is at the heart of successful entrepreneurship, having a variety of biz opps in one spot encourages you to check out a wide range of possible new companies and ideas. You can compare one to another and also read tips on the site for choosing and running a successful business.
Budget: How Much Can You Afford? – Entrepreneurs Wanted
It is easy to go overboard when you are first starting out. The experts are all in agreement: DON’T! Decide how much you can afford to spend before you choose an opportunity.
Include startup costs above and beyond the actual cost of the biz opp. You will need a supply of money to fund your business, market it and buy supplies. Plan on not seeing much income at least for the first few months.
Go Small: It’s the Smart Approach – Entrepreneurs Wanted
Start with something you can easily afford. This takes the stress out of your startup. You’ll learn the fine art of entrepreneurship as you go along and be able to enjoy the process.
On the other hand, if you spend too much on your biz opp at the beginning, you will be dogged by worries throughout the journey. This drains critical energy that you could be using to grow your business. Money worries take the fun out of entrepreneurship, one of the biggest reasons people decide to start their own business in the first place.
Money worries also lead to premature giving up. If you can’t pay your bills, you can’t give your new business the time and effort it needs to become profitable.
Be smart, start with a biz opp you can afford.
Interest: Do You Enjoy It? – Entrepreneurs Wanted
Your new business will occupy your free time for many months. You better enjoy what it is selling or you will quickly lose interest.
Do you currently have a hobby, like running or getting fit? Here at BusinessOpportunity.com, you can choose opportunities in the sports field like electric bikes, exercise machines, interactive sports apps and even virtual surfing!
Are you an audio/video nut? Consider an opportunity that lets you open your home video studio.
Do you love trying new cosmetics or experimenting with temporary tattoos? There are biz opps for you on the site.