Real Estate profit business
Real Estate Profit
Business Planning, Business Coaching, Business Opportunities
You have to buy inventory to get started. This is a common business idea that puts all the risk on you. You invest up front, the company gets its money, and you're left on your own. Worse yet, you have no ability to adapt to the market. What if another company puts a better product on the market? You're left with a garage full of inventory you can't move and no options.
You have to send emails or call customers. There are lots of clever ways of talking about this kind of business that makes it sound okay, but don't be fooled– it's SPAM. It's telemarketing. It's both annoying and unprofitable. Avoid this type of business at all costs!
You make money by signing up other people. It sounds good, but in reality it's a way for the founders of the plan to make tons of money off of your efforts, while you make marginal profits.
You have to sell products or services for another company. Typically this requires you to sell both the product and convince others to become distributors as well. You know these people. A casual meeting turns into a 2-hour sales pitch about a revolutionary new water filtering system you MUST have, and once you try it you'll want to sell them, too… It's not a scam, but do you really want to become that person everyone else avoids?
You have to buy into a franchise. Now let me say right up front that there is absolutely nothing wrong with a franchise. It's a brilliant system. If you have $50K - $200K to invest, are fine with working long hours, know how to manage staff, and don't need to see profits for 4-5 years, then by all means, invest in a franchise! But if you want a business with minimal up-front investment, reasonable hours, and immediate profits, a franchise will just drag you down.
, Business Opportunities
, Business Planning