How to evaluate a new business opportunity
If you are searching for ways to earn an income using the
internet, you must have already come across many programs with
unbelievable claims of overnight income. This article outlines 7
criteria that I use to evaluate any opportunity that presents
itself before me.
1>Is there a Product in Demand
If you are thinking about a business on the internet, there has
to be a product that has a huge demand and that can be sold on
the internet. Many fly by night programs focus on building a
downline and recruiting other people without having a solid
product, there has to be a product that people can use. If the
company has a product that you cannot understand, then stay away
from such a company. Even if you have a product in demand, it
has to be sellable online, For Example, if you try to sell Pepsi
or Coke on the internet no one will buy it online, as they would
prefer to buy such products in the super market. What type of
products are sold only online ? Domain registration, Website
hosting, email etc