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The 12 Success Factors – Why 95% of People Fail in Their Home Business

12 Success Factors that are CRITICAL to building a real, lifetime, monthly residual income with a business at home!

Why do 95% of people that are trying to build a business at home fail at earning a secure, monthly residual income?

They are trying to build a business that does NOT meet ALL of the 12 Success Factors!

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I have yet to find an MLM (Multi-Level Marketing) or traditional business that even comes close.

Residual income is income that comes in month after month, year after year, from something you did ONCE in the past.

IF YOU ARE…

-Searching for a business that you can build at home, I recommend dissecting the company with these factors before you begin building anything.

-Currently building a business at home, I recommend that you compare that opportunity against these 12 success factors. See if it meets every single factor in it’s business model.

If there is just ONE of these 12 success factors missing, odds are, you will never have the long term, residual income that you are trying to build.

12 SUCCESS FACTORS CRITICAL TO CREATING A BUSINESS THAT CREATES LONG TERM RESIDUAL INCOME

Download your copy of the 12 Success Factors to follow along.

#1 COMPANY TRACK RECORD

  • Most Companies, Businesses, & MLMs Fail Within the First 5 Years
  • The Company You Choose Should Be One That has Been in Business for 5+ Years

#2 FINANCIALLY SOUND

  • Company MUST be Financially Healthy
  • Preferably DEBT FREE

#3 STRONG MANAGEMENT

  • Business Must be Run by Business Professionals
  • Fortune 500 Style Management
  • Accept Nothing Less

#4 UNIQUE CONSUMABLE PRODUCTS

  • Products must OUTPERFORM Anything in the Market Place Today
  •  MUST Be Products that EVERYONE Needs, Uses & Repurchases on a Monthly Basis

#5 COMPETITIVELY PRICED

  • Products Must be Less Expensive Than Where You Currently Shop
  • Must Be Better & Safer
  • Must be MORE Valuable in the Real Marketplace

#6 HIGH MONTHLY RE-ORDER RATE

  • 95% or More of Your Customer Shop Every Month
    NOTE:  This Includes Customers and NOT Just Business Partners
  • Must be Major Value in Simply Being a Customer

#7 LOW COST TO START

  • Should NOT be Earning Majority of Income from Large Start Up Costs
  • Cost to be Customer or Business Partner Should Be the Same.
  • Start up Costs Should be UNDER $50

#8  LOW PERSONAL PRODUCTION REQUIREMENT

  • No Monthly Quotas
  • No Retail Selling
  • No Pressuring People
  • Only Requirement is to be a Customer
  • Only Purchase what is Needed for Personal Use

#9 TIMING

  • No “Ground Floor” Opportunities – What Happens When it’s No Longer Ground Floor?
  • Bad News Travels Fast – this is why most MLM companies get a bad name
    (they usually earned it)
  • When People Get Hurt and Lose Money, They Tend to Tell Everyone They Know

#10 NO BREAK-AWAYS or BINARY COMPENSATION PLANS

Break-Away: When a Partner Does Better Then You, the Company Breaks Them Away From Your Business

Binary: Each ‘Leg’ in Your Business Must be Equal in Order to get Paid, Otherwise You Only Earn On Your Customers in Your Lesser “Leg”

  • You Should NOT be Penalized for Enrolling Someone Who is Working Harder and Earning More Than You
  • You Should NOT Lose a Person or Business Partner Because of it – Not Ever!
  • Leadership Development Should be Rewarded

#11 LOW ATTRITION

Attrition = Decrease in Customers

  • If People are Quitting – They are NOT Ordering
  • Must Be So Much Value in Being A Customer that Even if they Don’t Build a Business, They Will Remain Customers

#12 NO RISK

  • Must be a 100% Money Back/Satisfaction Guarantee – No Questions Asked!
  • It Needs to be Safe for Everyone, Customers and Business Partners Alike

One other important tip:
Ask for printed,
documented, annual income statistics as well as a documented monthly re-order rate. If that is not provided, consider that a red-flag that you should be concerned about. When considering starting a business, you NEED to know the numbers!

QUESTION: Are you looking for the next “MLM Deal” or are you looking for a home business that you can build that provides a real residual income that will be there for you, your children, and generations to come?

Please “like”, tweet and/or share on facebook. Also please share you comments and thoughts. I always love hearing from you.

CLICK HERE to find out which business I chose that had ALL 12 Success Factors?

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