Posts

Can MLMs Be A Legit Business Model?

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As you continue your journey searching for legit business opportunities, you will quickly realize that you are surrounded by MLM offers all around you. Which will likely lead you to one question. Are they legit businesses and can you truly make money off of them? If you are new or perhaps unsure of what an MLM (Multi-level marketing) is, here is a quick definition of what it is as per Investopida: Multi-level marketing is a strategy that some direct sales companies use to encourage their existing distributors to recruit new distributors by paying the existing distributors a percentage of their recruits' sales; the recruits are known as a distributor's "downline." All distributors also make money through direct sales of products to customers. Amway is an example of a well-known direct-sales company that uses multi-level marketing.   A few other examples of them that are commonly known are Avon and LulaRoe. If you do a quick search for these types of businesses, you wil

Against Venture Capital? Here Are 3 Alternative Suggestions

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I see that easily one of my best episodes thus far has been all about if you really need venture capital or not. It is a sore topic for many since most people cannot afford to fund their own startups or think they need a lot of money to do so. Banks and rich people love providing it since they reap great benefits, while small business owners hate it because it is a steep hill to climb. However, the good news is that it isn't needed or you can find a way to raise the funds yourself without taking out a loan. Here we are going to look at the 3, most common alternatives to venture capital. 1. Start small or with a low-cost business The easiest way is to start really small or with a low-cost model. A few examples of these are running a completely digital business, where you basically are already paying for such as Internet connection and your computer. A few example models of this would be teaching courses, freelance writing, blogging, vlogging, ebooks and consulting. Most of t

Entrepreneur Byte is LIVE Now

The day has finally come and The Entrepreneur Byte is here! I have two episodes up, with 1 new one being released every Sunday. Here are the first two episodes that you may want to catch. You can follow The Entrepreneur Byte at Soundcloud , YouTube , Anchor and my Facebook page . You can also tweet at me, @mvr00. Please let me know what you would like to see covered in future episodes.

Example on How Not to Market

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If you own a domain name or have your email address on your site to the public, you have received emails from "web developers" trying to sell you services of web design or sometimes an app. Most of them are poorly written and really are just a blind email with hopes on selling you their services. Usually, I am that person who will write them a reply and offer my services of helping them to fix up their emails, but no one has taken me up on it. However, I usually never hear back from them ever again and that is fine by me. But I decided today to take one of the emails sent to me and help point out how NOT to market your services to anyone, but especially to small business. Let's start off by saying never use a fake name. Most of these people go by a more business-friendly name that we all know is not true. In this case, this person called themselves Mark D**k, which I am thinking they didn't realize what the last word means (or at least I hope they didn't). Sec

Who is the Podcast Not For?

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You may be wondering what you can expect from this podcast, especially since you have seen thousands of similar ones out there in the world already. But I want to take this question from a different angle and ask you, what are you looking for? This podcast is meant to be a lot of things, mostly as inspiration and helping you become a proud business owner with real advice that can help almost anyone to get started. What that looks like may vary to listener to listener, so I want to start off by saying who this podcast is not for . Get Rich Quick : I am not going to promote the idea of getting rich quickly. I do not believe in that formula and I feel that is dishonest to promote since 99.9% of those who seek it, do not wind up rich. I want to teach you how to make a lasting career, one that you feel is rewarding while also feeling like it is not "work". Flattery : This one may come as a surprise, but I won't tell you that anyone can make their own business success

TEB podcast is coming soon

My newest venture is coming soon, and I have not been this excited in a long while. Please stay tuned to this site for more updates, as well as for the official announcement for when it is launched on July 1st. It is my hope and goal to make this a motivating and educational podcast for those who long to step outside of the box, while being afraid and having no idea on where to start. We will be your starting point and guide through the murky waters on becoming an entrepreneur or solopreneur. More to come in the next two weeks.