Cellphone Plan Home Business

Recently I spoke with someone about home business opportunities and we had a very interesting discussion about the Lottery. Here it’s the Washington State Lottery. This individual thought the chances of getting success in a home bases business was about the same as playing the lottery. That of course, was a notion I vehemently disagreed with.

Let’s compare the lotto to running a MyWirelessRep home business which costs $49.99 per month to run. Say that we compare that to buying $49.99 worth of lotto tickets every month. Yes, you might win one of the lotto’s larger prizes, but everything is left up to chance. You can try to tell me that the more months go by that you pay $49.99 into the lotto system, the more your chances increase. I might go along with that, but let’s ask the tens of thousands of regular lotto players that never win a large jackpot how they feel about that.

If we took that same $49.99 each  month and instead of buying lotto tickets, put it into a MyWirelessRep home business, would that guarantee a big prize either? Not really, but the big difference is the MyWirelessRep is effort based and the lotto is chance based. The more you work a home based business (whether it be MyWirelessRep or some other business), the more success you will have. It’s that simple. You may have failures along the way, but there is a prize of success waiting for anyone who is willing to put in the time and effort that goes along with the business.

The person I spoke has not yet signed up for the business although I gave him that thought to leave with. For the record, we did estimate he is spending at least $50 per month on tickets. What about you? Are you looking for a chance driven lifestyle or an effort driven lifestyle? Would you spend $50 on the lotto or on building your home based business?

I heard that as an acronym for CNN the other day: CNN = Constant Negative News. How true! But it’s not just CNN, it’s the entire news media focusing on the gloom and doom of the economy. And why not? From their perspective, it sells news. And bad news sells. But here’s the rub. The more your expose yourself to that bad news, the more it sinks in and the more you will tend to think gloom and doom. The much ballyhooed Law of Attraction states that you get more of what you focus on. So if you focus on the gloom and doom of the economy, guess what? You’ll get more of it.

On the other hand, if you focus on building a home based business like MyWirelessRep, you’ll get a good solid business. For most people that’s a positive thing to focus on. What about you?

There are a number of ways to make money besides a good old Jay Oh Be. Those “Jay Oh Bees” are getting harder to come by especially the ones that pay good money. So that leads a lot of people to look elsewhere for their income – especially in times like these.

Two traditional non-job ways of making money are investing in the markets and Network marketing. The first big difference between these two options is that investing in the stock market (or other markets) requires a lot of specialized knowledge and instinct. The kind of instinct that comes from years and years of experience in investing. One cannot expect to read a few books and talk to a few people and suddenly become a successful investor. Also investment strategies require money. The old saying “you can’t make money unless you spend money” comes to mind here. And to get significant returns on investments, you must generally invest significant amounts of money. And of course let’s not forget the risk factor. We have just witnessed the risk factor in action in the stock market so I don’t need to add much there.

These issues don’t exist in Network Marketing. One does not need years and years of experience and hard knocks to build a successful network marketing business. One does not need a whole lot of money to start up a Network Marketing business – especially one like MyWirelessRep which is only $49.95 to start. As for the risk – well since you aren’t investing a lot of money there isn’t much money related risk. There is time and effort to be spent however – don’t let anyone tell you otherwise. This represents a level of risk that most entrepreneurs can live with. I live comfortably with this every day. What about you?

I was meeting at lunchtime with some businesspeople who own a retail store.  And the talk centered around lamenting the economic conditions. They had a sense of panic as they will have to make severe cuts in personnel and other areas. As I listened to their dilemmas with less-than-predicated sales levels, I thought afterwards how different it with a home based business. Oh sure, I am not getting as much business as I would like and a good part of that might be due to the economic fears everywhere they were talking about.

But as a home based business, I don’t have the overhead!  I don’t have employees to pay, I don’t have office and warehouse space to rent, I don’t have telephone equipment leases, etc. I work for myself with the help of a contract Bookkeeper and Accountant, and all my office equipment (such that it is) is paid for. Except my cell phone which of course is on a monthly plan. The point here is that a home based business is far more able to weather poor economic conditions than a brick & mortar business because of its low overhead. Overhead is what forces businesses to dip into credit lines when times are slow. I sympathized with them, but was secretly thankful I am where I’m at.

One reason some people give for not wanting to start a home-based business is that the economy is so bad right now. What if I said, this is the VERY time to start one? Would you think I’m just trying to sell you on something? Well here’s the rub. For a network marketing company, these are good times! Why is that?

The reason is simple. During times like these, people are looking for solutions to their money problems. They may be looking for a way to earn a few extra hundred dollars a month or they might be looking for a way to replace income from a lost job. Lost jobs are a common problem now days. Smart people will not sit around and wait for Barack Obama to fix the economy. Smart people will plan and act now. And if you join a network marketing company like MyWirelessRep, you will make money by bringing other people into the company (as well as by selling cell phone plans). Today’s harsh economic conditions can be your ally!

Now that the elections are over and that particular dust has settled, people are looking to new government officials (particularly Barack Obama) to ‘fix the problems’. I think too many people are looking for solutions from government. Most people don’t really know what to do when things are broken that they feel are outside their control.  But some people do the wrong thing. According to the Themes on the Economy newsletter, the one industry that has enjoyed strong growth is the liquor industry.  According to that source: “…spending at bars surged at double digit pace from a year ago.” That would be the way the way some people handle bad news, but not the way I handle it.

There will always be a group of people who look to themselves for solutions when times are difficult and even when times are good. I rarely drink and when I do it’s to raise a toast to success, never to drown sorrows. For me, working on my home based business is my antidote to depressing news. What about you? Where would you rather ward off bad news? In a bar or your home office?

There are more ‘gloom and doom’ reports in the news today regarding the job market.  The news is reporting that unemployment passed the 6% mark and that 1.2 million jobs have been shed in the U.S. during 2008 so far.  You know what I think of this news?  I don’t pay attention to it, that’s what I think because I don’t have a job. I have a home-based business; there is no job for me to lose or worry about. And I can’t afford to get caught up in the ‘gloom and doom’ news.  My time is better spent running and growing my home based business.

Of course I don’t completely brush off the news; I realize there is a connection between the overall economy and my ability to grow my business. However, I am focusing my mindset in a different direction that most people. Why not join me?

CNN recently did an article on the Direct Selling industry (an industry which would include MyWirelessRep). According to Amy Robinson of the Direct Selling Association (DSA):

“Direct selling isn’t a full-time job,….It gives you extra money to go on vacation, get the refrigerator fixed or buy Christmas gifts. It’s about getting some extra money in the pocket.” (Full story Here)

The DSA is supposed to be an industry trade group which means they are supposed to be in touch with what’s going on in the world of direct selling. I am not sure what to make of that statement. It’s clearly not how I see direct selling. First of all, I don’t see MyWirelessRep as a ‘job’ at all – it’s home based business as are most direct selling opportunities. To say it’s a job is not even taking the right mindset. Secondly I look at it as a full time business, not part time. Although, the nice thing about home business oppportunities like MyWirelessRep is that they can be worked on a part time basis.

But if you want to truly be free and independant of the ‘job’ mindset, you will want to think of your direct selling as a business not a vocation. I personally don’t see my business as some way to pay for home repairs, rather I see it on a much larger scale. Maybe the DSA statement reflects the reality of most network marketers today and might account for the high failure rate in network marketing and direct selling.

In any business, one aim for secured success is to have many different types of income coming in. Multiple streams of income. For some that means multiple network marketing businesses. But wrapped up within MyWirelessRep are several ways to earn money and make up many streams of income.

There are CABs (Customer Acquisition Bonuses), residual income on maintenance fees, upfront bonuses on products and services, residual income on customers, as well as leadership perks. No one can complain about lack of variety in the MyWirelessRep business plan.

Click Here for more info on the MyWirelessRep Business.

Not all kinds of income are created equal. I’m not talking about unequal dollar amounts either.  Most people are conditioned to think of income as something you trade time for. For example, when you work at a job for $10 per hour, you work 8 hours and you get paid $80 (before taxes).  That’s all you get. You traded 8 hours for $80.  You don’t get anything else for that 8 hours.

On the other hand, suppose you work 8 hours on a network marketing business like MyWirelessRep contacting potential customers and leads.  Suppose during that 8 hour time, you helped 10 people start their own MyWirelessRep store. Well you would make about 10 times the amount of $80 in payout.

But it would not stop there. The people that you helped establish a MyWirelessRep site can then go one to set up their own customers and they will go on to help other people join the business too. Each time that happens (while you are sleeping even) you will be paid a portion of their earnings. That is the core advantage to residual income. You do some work once and it keeps paying you on and on into the future. Most network marketing companies offer some sort of residual income but MyWirelessRep really blows them out of the water!

Click Here for info on the MyWirelessRep Business.