Legitimate Online Business - 5 Tips for Spotting a Legitimate Online Business for Profit

Searching for a legitimate online business, no doubt you've seen the promises:

"Make $1000 per day in 20 minutes for doing nothing!"

or

"I make more by noon in my underwear than you do all week!"

Is this stuff for real? Some are, some are not. 97% of the money made by people in the online business realm is made by the founders of these opportunities.

How do you find a legitimate online business? The kind that make up the remaining 3% of the online world?

Here are 5 essential tips and pitfalls to look out for. This is what I have learned from my countless failures that I eventually learned how to turn into online success:

1. Find a product that actually benefits you.

Many non-profitable business models require you to buy "training materials". This is especially true in envelope-stuffing or data entry programs. Most of the time, you end up marketing and selling the "training materials" as your sole source of profit. Some business model, huh?

2. Must find a mentor.

Someone who has the results you are looking for. Someone who will train you and show you the ropes. This person must have a vested interest in your success. Meaning, they actually make a profit from your sales. This is easy to find in network marketing or many direct sales opportunities. This is why 1-up or 2-up program are difficult to succeed in, because once your first couple sales are done, your sponsor sees you as competition.

3. Something where you profit on your very first sale.

Again, this is where 1-up and 2-ups fall short. In any business opportunity your very first couple sales are always the hardest. Why would you want to be punished for completing the most difficult part of your business by not getting paid?

4. Ask for unbiased testimonials.

Ask to speak with other people in the opportunity to see how duplicatable the results are. Are others enjoying the same success besides the poster boy/girl for success?

5. Ask questions about the marketing strategy.

An effective marketing solution in place, as close to turnkey as possible. Any opportunity that relies on marketing/selling to family, friends, or acquaintances: Run. Run fast as you can. This is not an effective business model, and may alienate you from your social circle if you pursue it aggressively with no results.

Similarly, if the primary marketing solution is cold-calling... Would you really want to do that for hours at a time?

The legitimate online business model you are looking for is out there. I know because I have found them and created profit with them. But the only way to know for sure if an opportunity is right for you is to ask questions.

You have a six or seven figure income at stake! Get out there and ask some questions!

Nic Mitchell is a leader of elite internet entrepreneurs dedicated to creating 100 millionaires by 2012.

For your free introduction to a bullet-proof business model, visit http://www.MarketingYourMark.com

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