One reason that many people have trouble in their home-based business is that they lack support and training. Many Home-Based Businesses tend to be very ‘solo entrepreneur’ in nature. Just because you’re flying solo however, doesn’t mean you don’t need support and training.
Many home based entrepreneurs simply seek out the training and support they need while others may already bring lots of marketing and business experience to the table (and may not need much support and training). But many people who want to start a home-based business don’t know how to market their business online or offline and perhaps don’t know where to start.
This is one reason Network Marketing businesses remain attractive to people wanting to start a home based business. Network Marketing companies usually provide plenty of support and training to people who join the business. I say ‘usually’ and this is definitely something you’ll want to find out about in advance of joining.
If you are looking at a Networking Marketing home business, be sure to get answers for the following questions.
How is the training delivered (Paper, Multimedia, Seminar, other)? Some network marketing companies only do training in live seminars which can be held in some distant city where you may have to travel to. This type of training is expensive for the person starting up a business due to travel costs. So be sure to determine how much of a role live seminars play in their training.
How often are the training materials updated? Training is only good if it’s current. Training materials in network marketing companies often arrive in the form of books, CDs, or DVDs. Find out how often the training materials are supplemented or updated.
Is there support in the organization? Training cannot cover absolutely everything. That’s when you’ll need support. Who can you contact? How do you contact them? Email? Phone?
Is there a local support group? Network Marketing companies often have groups that meet locally in large cities or metro areas. These groups can fill the need of in person ‘peer support’ and can often act as a mastermind group.
Spend some time getting the answers to these questions if you’re planning to join a network marketing company. Over the next few days, we’ll take a look at how 2 network marketing companies – Exponent Trading and ITV Ventures – fare on these training points.