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"The only way to discover the limits of the possible is to go beyond them into the impossible"

~ Anonymous

Tea Time with Liv

Getting Started as a Consultant

So you've decided to start working from home. You are pumped! You are excited! You are maybe a bit overwhelmed and even a bit lost as to where to begin.

Before you are off and running lets run down a few things first.

At this point you should have an idea of what you want to do and likely have found a company to join. If you have not I want you to think about this -how many do you know that sell the same product in your area or your networking circle online? If you do not know, start looking and asking. This will give you an idea of what your competition is. You need to know this from the start. If you know 20 people who sell the same thing, you will have a tough time building a business.

Next see how many would actually be interested in the product you offer. As an example lets say you sell southwest home furnishings. Do you live in a place where this would sell? Being unique does not always mean a good thing. You need to be able to sell it. Just because you feel it is great doesn't mean everyone else will. Do your local research as well.

Are you willing to invest in your business? Many don't realize you will have to invest. This includes advertising, business materials such as business cards and catalogs, demo product, samples. If you aren't willing to invest, this is not the right time to start a business. Create a budget of what you can spend now and sustain over the next 6-12 months. You want to look at up to 12 months because in some cases this is how long it can take for you to turn a profit and not returning it all back into your business.

What are you willing and not willing to do to make your business a go. If you are looking at a party plan but not willing to do parties, this is not the right type of business. Knowing what you are will and not willing to do will help determine a business that is right for you.

Doing a little homework will be very helpful when starting out. You will be more prepared in the long run and better able to take on the challenges you will face.

Olivia Vidal
© 2009


Buckeroomama said...

Very sound tips for all who plan to WAH. Thanks for sharing! :)

Buckeroomama said...

Please drop by my blog to pick up a couple of awards. :)

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