What To Consider When Choosing YOUR Business, Part 8

Leverage is absolutely critical for a successful home-based business in the beginning, and to enjoy a long lasting lifestyle. Your lifestyle is probably very fast paced and hectic already. Without proper leverage, you would have to be superhuman, or quit your current job to build a business, and I’m sure you’ll agree that would be a bad move. You should first build your business to a level of financial strength, and then possibly consider leaving your current job.

We put a great deal of effort into building our home-based businesses, but our system allows us to accomplish so much more for our efforts in a very short period of time. After a few short years, we can choose to retire if we like because our income continues to grow. You can literally achieve a higher level of success in a few years, than most people do in an entire lifetime.

Now that’s leverage.

What To Consider When Choosing YOUR Business, Part 7

Leverage

Leverage allows us, as entrepreneurs, to build a successful business, part time, around our busy lifestyle. In essence, leveraging our time allows us to get more done in a shorter period of time with less effort. This concept applied in business means you can accomplish more than you could normally accomplish on your own. An example of this is a business owner who employs 100 people, leveraging his time 100 times. This means he can produce 100 times more than he could by himself. He also gets paid on the efforts of 100 employees. The problem with this is the arrangement does not allow for the employee to reap the benefits of leverage, and therefore they are not as productive as the business owner.

Another way to apply income generating leverage is through the use of technology. This allows one person to accomplish more than they could alone through the use of:

Computers
Websites
Voicemail
Videos
Audio Cassettes
CD ROMs

When effectively incorporated into a home-based business, these tools can multiply leverage thousands of times. That means in the right system, technology can do the work of thousands of people, and you get paid on that work! Imagine developing a business part-time that wouldn’t interrupt your present circumstances, and provides you a flow of income while you spend time with your family, travel, go to the beach, or even sleep!

That’s the power of leverage. Use leverage in your Home Business Opportunity.

What To Consider When Choosing YOUR Business, Part 6

The final Mega-Trend, Internet Marketing, is projected to have a greater impact on the world than the Industrial Revolution. You can’t watch TV, listen to the radio, read a newspaper, or even drive your car without being exposed to “Visit our website at www.whatever.com“, now that’s a significant trend, and with our system, you can capitalize on this even if you don’t own a personal computer.

Now that we’ve explored the Mega-Trends, it’s obvious why these industries we mentioned in Concept No. 1 are growing so fast. All these industries are built on “Consumables” creating repeat business, Concept No. 2. In our next Joe Congo post we will take a look at the third and most essential concept.

What To Consider When Choosing YOUR Business, Part 5

 Home Based Opportunities.The dawn of a new millennium found us in the middle of another wave, the “Work From Home” trend which many believe is in it’s infancy at $401 billion dollars per year. People want to take control of their lives, time and financial future. A statistical fact indicates that most heart attacks occur on Monday morning. Does this mean some people would rather die than go to work? At this time, an estimated 14 million people work from home full time, and 13 million work from home part time in the U.S. alone. This number is increasing by almost 600,000 per year, and the average home-based business income is an estimated $50,000 per year, almost double the average income of an American employee! This trend is moving so fast, it is estimated by Home Incorporated magazine that 8,493 new home businesses are started every day.

That’s one every ten seconds!

Will you be one of them? Are you finally ready? Joe Congo is ready for you!

What To Consider When Choosing YOUR Business, Part 4

Let’s Explore The History Of Fortunes Created By Baby Boomers Economic Mega-Trend:Food - 10,000 babies born a day that needed to be fed for 18 years. Gerber cashed in. Clothing - As they grew they needed to be clothed. Buster Brown got rich. Kinney Shoes cashed in. Education - Schools were built. Elementary Schools Boomed In the 60’s. 784 new Universities were built. Real Estate - The 70’s and 80’s saw the largest housing market in history. Transportation - Little “boomers” needed a ride and Chrysler caught a wave with the mini van.

In the 90’s the “Boomers” start turning 50 at a rate of 10,000 per day and major trends developed:

They are concerned about their health

Worried about retirement

They want to be healthier, look and feel younger

Any product that can genuinely help, that is consumable, is a highly prized item for Home Business Opportunities. This is what is fueling the worldwide trend toward wholesome, natural prevention, healing, weight control, and natural supplementation.

Just look at the articles in magazines at the checkout counters and you’ll see what I mean. You can’t help but see articles on such issues, and if you watch TV, you know how many commercials are trying to address these Mega-Trend demands. Travel is bigger than all of that together.

In recent years the mindset has shifted from using medications, toward natural approaches to good health. If we look at the fact that 70% of deaths worldwide are a result of stroke, heart disease, or cancer, and 50% of those are diet related, it’s no wonder the “Wellness” industry is producing revenues in excess of $200 billion dollars per year. The desire to look younger and better is also fueling the $72 billion dollar a year personal care industry.

Another health issue today is people’s weight. The Surgeon General of the United States reported that obesity has reached epidemic proportions.

Nearly half of the population is clinically obese and some estimates have stated that 80% of the population wants to lose five pounds or more. In fact, obesity and related conditions are the second leading cause of death in the U.S. today, and the fastest growing segment of the overweight population is teenagers. This explains why the weight loss industry is doing over $33 billion dollars per year.

This means a massive economic wave is being fed by the aging Baby Boomers looking for natural, nutritional supplements as an approach to good health and weight control as well as the use of anti-aging types of personal care products creating Mega-Trend No. 2 only to be outdone by TRAVEL.

What To Consider When Choosing YOUR Business, Part 3

Concept No. 3 - Take advantage of Trends.

A “Market Trend” is really an economic movement, meaning that large masses of people’s spending habits are moving in a uniform direction. History shows that those who identify these trends early, and are able to meet the needs of these trends, are able to create abundant wealth for themselves. Read this before you choose from your Home Business Opportunities.

In essence, they get in front of an economic wave and ride it to financial freedom! The key is timing. Get in front of the wave and take the ride of a lifetime; start too late and you’re waiting for the next “Big Wave” to ride on. If you don’t pay attention, you stand to miss out on a fortune. Joe Congo is doing the legwork for you so when you hook up with Joe Congo you will know the best Home Business Opportunities.

So how can we predict such trends today? The key is to know the wants and needs of large consumer groups. “Who are they?”, and “what do they want?”

Current research shows, that what most people want out of life is feeding the current market trends:

Owning Their Own Business
Having Tax Advantages
Being Financially Independent
Being Healthy
Having A Rewarding Career
Owning Their Own Home
Looking & Feeling Younger
Improving Their Lifestyle
Losing Weight
Traveling

These are the wants and needs of some very large consumer groups. In fact, three very large trends are gathering momentum as you read this. They are so large that they can accurately be called “Mega-Trends”. The combination of these Mega-Trends is causing one of the most explosive economic waves in history. It’s this wave that will make YOUR Joe Congo Travel Club business the best.

Let’s examine what’s happening and why. The largest consumer group in recent history is called the “Baby Boomers”. This segment of society was born between 1946 and 1964. Because of the large number of people identified as “Boomers”, entire fortunes have been made by people who anticipated what these people wanted, and were able to satisfy those wants. As this group matures, they are literally creating the first Mega-Trend (TRAVEL) that our blueprint system will help you tap into.

We will examine these trends in our next posts.

What To Consider When Choosing YOUR Business, Part 2

Concept No. 2 - Market a “Consumable” product.

A consumable product is one that people use and replace regularly. What that amounts to, for the one providing the service or product, is repeat business. Repeat purchases and a daily cash flow. Just think about that for a minute - every time someone turns on a light, someone makes money. This is the ultimate Home Business Opportunity.

Every time you pick up the telephone, someone makes money. Every time you eat, turn on the water, start your car, use a bar of soap, or get a haircut, someone makes money. A great example of this is breakfast cereal; this is a huge consumable product. Kellogg’s does over $6.94 billion dollars a year in sales! Imagine millions of $3 or $4 sales several times a month, year after year, after year.

The ideal home business is one that markets consumable products or services in such a way that after your initial effort is done; repeat orders, sales and commissions come to you for the rest of your life.

Any consumable product is not enough. It has to be in high demand.  The ideal arrangement would be if a consumer could get the product or service would be through you. This concept will help you make a residual income forever. Make the right choice and your future is secured. Joe Congo offers the best possible opportunities in Travel, Energy Consumption, Website Hosting and many other categories. Plus we provide the training required for success.

What To Consider When Choosing YOUR Business, Part 1

 Concept No.1 - Market Position

When considering Home Business Opportunities, which do you think would be a better market to tap into typewriter sales, or personal computer sales? In this case it’s obvious, typewriters are pretty much obsolete, but personal computers are in high demand. Therefore we know which of these markets is expanding and which one isn’t. Even if you did make the right choice, you would still have to know how to effectively get your share of the business available. Just hanging a sign on your door saying “PC’s sold here” wouldn’t enable you to effectively take your share of the market.

So how do you position yourself in front of a “huge expanding market“?

First you need to identify the fastest growing industries. Some of the fastest growing industries on earth today are:

Travel - 7.3 Trillion and expected to reach 12 Trillion within the next seven years.

Working From Home - $401 Billion Dollar Industry.

Internet Marketing - exceeds $523 Billion according to a study done by the ( McCombs School of Business ) and is expected to reach 7 Trillion within the next 3 years.

Mail Order Marketing - $350 Billion Dollar Industry and growing.

Wellness Industry - $200 Billion Dollar Industry and expected to reach $1 Trillion within 10 years.

Nutrition Industry - $4.2 Billion Dollar Industry and exploding.

Weight Control Industry - $33 Billion Dollar Industry fueled by epidemic size obesity levels. An estimated 70% of the U.S. population needs to lose 10 - 50 pounds.

Personal Care Industry - $72 Billion Dollar Industry.

Cosmetics Industry - $8 Billion Dollar Industry - and steadily growing.

Let’s take a closer look at just one of those industries. In the early ninety’s the Wall Street Journal estimated the total annual revenue from mail order marketing at between $55 and $65 billion dollars. Then the New York Times reported $140 billion a year. Then Direct Marketing Magazine reported $245 billion, and at the time this was written, the industry had grown to $350 billion, and it is expected to double in size in the next decade. If you had 1/3 of 1% of that market, you’d have over a billion dollars in sales. The Gartner Group estimates Internet business will triple in the next few years. Imagine owning a small piece of that!

Imagine positioning yourself in front of some of these industries listed, while working from home and utilizing the power of the Internet Marketing to build YOUR business with the help of Joe Congo Marketing Academy. Best of all - Joe Congo will train you to succeed in any one of the above industries. You cannot do better than joining forces with Joe Congo.