Best Home Based Business Opportunity For You?

Best Home Based Business Opportunity For You?

Today I thought that I would offer you some of my thoughts based on my experiences in the decision making process of finding the best home based business opportunity. Hopefully after you read this you will be able to spend a lot less effort than I did. Why re-invent the wheel? Right!

Legitimate Home Based Business Opportunities. Can You Find Them?

When I started back in 1992 (yeah I know… back in the day!) the Internet was starting to heat up with all kinds of offers, good and bad. It was just as difficult then as it is today to find legitimate home based business opportunities. I was getting ready to retire from my full time day job. I was able to retire after twenty years on the job since I was in law enforcement. I was ready to just jump in and find an online home based business opportunity.

Maybe it was easier for me to identify the scams lurking out there based on my investigative background, but let me tell you, I still got burned a number of times back then. Time after time in my research I would see the ads that shouted out that you could get instant riches over night and in most cases you could do it without doing any work or maybe just a little work. Just sign up and the money would start rolling in!

And when you take a look at these type programs you will in most cases find no information on their web site as to who the owner is, where they are located or how to contact them. Red Flag! You also will not find any indication of training or member support. This could be an indication of their intent to be here today and gone tomorrow. I also usually checked their domain name to see how long they have been online and when the domain expired. What I normally found was that they just created the domain name recently and it expired at the end of the first year. To me if you are going to be around for awhile, you would want to protect your domain name for more than a year.

One more point. If you had some magical system where you could create as much money as you needed or wanted at anytime, why would you share it. Give me a break folks!

My Criteria For Finding The Best Home Based Business Opportunity

I guess what I finally came down to in looking at an online home based business opportunity was this:

– Were there reasonable income possibilities… no instant income claims
– Has the company been around long enough to show it was a successful business
– Did it have a valid support system in place and training to help you succeed

The Bottom Line

Earlier today, one of the owners of my primary business, Wealthy Affiliates, Kyle, published a blog titled
“Expectations of Online Revenue. Why Most People Fail” In it he stated
“Be realistic about the process of building an online business, and the realism of a business will take place before your eyes.”. It is a great article which you can read at the above link.

If you want to start creating income at home, don’t just jump into the first thing you see that tells you that you can get rich over night. It will frustrate you for sure. Do your research, ask experienced people about it and make sure that you have realistic expectations about being a success.

I wish you the best of success in your endeavors.
Joe Reinbold
Proud Associate of Wealthy Affiliates

12 Comments

  1. Joe,

    I agree with you about this being the perfect home business. There is literally no risk because there is no initial cash outlay, no overhead, no employees or payroll, no inventory to purchase. You can work where you want and when you want. The business is scaleable and you can establish a stream of passive residual income.Those were my criteria for the perfect business and Affiliate Marketing is it.

    I’ve been a Premium Member at WA for about three months now and I love it. I think Wealthy Affiliate is the perfect place to learn Affiliate Marketing. They have hundreds of instructional lessons, video tutorials, and blogs all geared towards the beginner, which I was. I had zero knowledge of computers or the internet and after just a couple of months built a full website for affiliate marketing that is indexed on google. I really like Wealthy Affiliate’s community atmosphere where if you have a question you can go to one of their chat rooms or Q and A forums and ask other members for help. You can even contact the owners, Carson and Kyle if you want to ask them things. The best part is you can “test drive” it for free.

    I really believe that there are no legitimate get rich quick programs, at least none with zero risk. The only way you can earn a good, stable income is to put in the hard work it takes. Before you join any affiliate program, you need to do the proper research. That’s one of the best benefits of the internet – finding the information you need. Look up WA online and see how much negative information there is. I found only one website that spoke badly of WA. The owner was trying to promote his site instead. What does that tell you about his credibility?

    I’ve looked at a lot of online marketing programs over the years and I can honestly tell you one thing for sure. If you want to learn Affiliate Marketing, Wealthy Affiliate is the place to do it. I recommend it to anyone who wants to be a success.

    Scott

    • Hi Scott, thanks for your comments, they are perfectly on point. I agree there are no legitimate get rich quick programs out there. The only ones that get rich quick before they disappear are the ones running the scam. Wish you the best of success.

      Joe

  2. Hi,

    Great article. I really can relate to a lot of what you’re saying here because I’ve also been scammed out of my money online before. It’s not fun and frankly I was ashamed as well.

    The problem is that there are so many scams out there that it really can be hard to avoid them as a beginner. Now that I have more experience I’m way better at spotting scams but the truth is that a lot of scammers are getting more sophisticated and it is becoming harder to identify them.

    Sounds like you’re in a great place now with your online business. I wish you the best.

    Robert

    • Hi Robert, agree with you whole heartedly, there are a great many scams out there today. Many beginners fail to research, they just fall for the hype and lose. Yes, we are doing great now. Wish you the best of success.

      Joe

  3. I think home based business doesn’t have to be about all those big money you see on the internet. It can be something simple like doing what you like – sewing, gaming, writing etc – and you connect those skills with an online monetization method. That way you are more likely to stay away from scams and create a business that offers values to people.

    • Hi Cathy, thanks for your comments, I really appreciate it and thanks for visiting my site. It is true, if you are passionate about something and you can make money online doing it, that is a great way to go. I wish you success in your endeavors.

      Joe

  4. Hey Joe great article.

    I am very new to affiliate marketing. I have recently joined wealthy affiliate and am very impressed so far.

    I have seen a few scams in my time and they all promise the world with no input from yourself. Wealthy affiliate seems different. They put all the focus on you and make it clear that what you put in is what you get back out.

    I am having fun in the community learning about all the ways to make money online.

    • Hello Craig, great to hear that you are a member of Wealthy Affiliate, it is a great community. And what you say is true, it is fun learning how to make money. Wish you the best.

      Joe

  5. Thanks Joe for this wonderful blog. You are absolutely right that honest and legitimate online business is not a GET RICH QUICK SCHEME. I am disappointed that people still fall into this hype. Anyone who is interested in a get rich quick scheme is better of doing his/her 9-5 day job where there’s a guarantee of a salary. Please keep up the good work of informing the public out there.

    • Hi Lanu,
      Thanks for visiting my site and for your nice comments. You are totally correct, if people want to get rich quick they should stay with what they know makes them money and not risk losing their hard earned money. Hope that you visit us again.
      Joe

  6. The answer to that question is yes, anyone can the only thing is finding that system that offers the chance to do so and wealthy affiliate is that system that have helped and is helping thousands of people around the world to live the dream that they have always wanted to live. The tools are great and the community is just so awesome. everyone wants to see each other succeed. Thanks for sharing this article is well detailed and has a lot of great information, all the best to you.

    • Hi Norman,

      Thanks for visiting my site and for the great comments. Wealthy Affiliate is truly one of the best business and training opportunities available. I wish you the best of success too.

      Joe

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