What is a legitimate, lucrative at home business?
I'm looking to start my own home based business, but don't want to be part of a pyramid scheme. I'm a mom to be and the extra income would be very helpful to my family. Not to mention, if the business does well enough, I could quit my full-time job and be a stay at home mom and save on day care!
Asked By: christina - 7/17/2008
There are plenty legitamate and lucrative home based businesses out there. Some businesses are designed for solely customer acquisition based, (no MLM plan) while other businesses have a design for both recruitment and customer acquisition based. This just means getting customers. It's funny because many people refer companies to a MLM or a pyramid scheme without looking into the entire documentation of how the business model is. I laugh at so many misconceptions I've heard over the years with Pyramid accusations, MLM accusations on a variety of different companies. Even companies that are claiming not to be involved in an MLM scheme or "pyramid". Let's face it, where do YOU work now? Is it for a small business owner, how about a large corporation, or even inbetween? Unless your jobless, guess what, your part of a pyramid scheme. Here's why: The American business model is build the same way! Welcome to Corporate America! Get a peice of paper out. Take any corporation or small business, let's use a corporation as an example. On the top of your paper, draw a circle. This circle represents the Owner or partnership owners, Then write two circles under that (President/ CEO) and the Vice President. Write a few more circles under that and you have corporate management positions. A few circles under that and you have store managers, a few circles under that and you have store department managers, a few circles under that and you have sales reps. Each level on this pyramid scale is a different level of income. The bottom people doing all the dirty work so that the position above them gets paid so that the position above them gets paid and so on and so on. What people don't realize that but unless it's a one man show no hired help, no independent representatives, everyone works in a pyramid! Even if it is a one man show, your still feeding Uncle Sam who didn't work for you at all. But sits on top of the biggest pyramid scheme of them all collecting money from everyone. So are you ready to quit your day job yet? I wouldn't until your set financially. Like I tell my kids, don't bite the hand that feeds you! The point is regardless if it's an MLM, Networking or even down to a shoe store, everything is part of a pyramid. Key thing that if you don't want to do an MLM scheme and not recruit, then find a home based business where it's not mandatory to recruit for other people to do what your doing, and their is a compensation plan that is design for non recruitment. Understand to achieve the amount of money that you desire, will take a little bit longer to obtain then getting a few people to help you acquire customers. But the company should give you a choice. If you choose to recruit people, then the income you make from their customers should not be taken away from that persons income at all. It should be equal value. If you decide to open up your own business, and are against MLM schemes, then don't be a hypocrite and hire someone to work for you, because guess what, you just started your own MLM scheme. It's a fact of life. You can slice and dice it anyway you want, but like I said, unless your jobless then your part of a pyramid scheme yourself right now. That's just how it is. Your whole working career has been part of a pyramid.
You don't want an MLM, network marketing or pyramid, start your own daycare, but don't hire anyone or you just started a pyramid once again. Also you'll be limited to how many kids you can take in. Your own kids count as a head count. so if your licensed for say 6, you have 2 kids per say, you can only take in 4.
Unless you want to keep inside your safety zone and not step out of your box and venture into something that can be very rewarding and have your own business regardless of what type of home based business (they're all pyramid structures, even jobs are) then don't quit your day job, even though it's a pyramid structure as well. Don't mean to be harsh , but it's the facts of life.
Good Luck to you though!
Answered By: moms.advice - 7/20/2008