Many people who are hit by the economic downturn are considering starting their own internet home based business. There are people who are even looking to start their own cash gifting business, Cash gifting programs are simple because they offers no selling or telling about products, and does not follow a network marketing structure. One of the first steps for starting an internet home based business or a cash gifting business should be a thorough soul-searching and investigation into the risks and rewards associated with entrepreneurship. Nearly every community offers marketing training courses at local colleges, as well as marketing symposiums and workshops, and media buying seminars. Of course, there is really no substitute for being hip with today’s news, no matter what industry you’re in. You can also look for eBook downloads internet design tutorials and read AFP business articles to prepare yourself for the big leap from corporate worker to entrepreneur. When getting involved in cash gifting it is very important to join a team that offers a solid marketing plan that is easy and duplicateable to ensure your success.
By reading this article it will help you to get a understanding about the difference between cash gifting programs, and a internet home based business.
There are many different types of internet home based business ventures to consider. Some people prefer to go with what they know. Brent Bouchez, David Page and Nancy McNally all worked for top-tier ad agencies before forming their own marketing company targeting consumers 50 and older. Michelle DeAngelis worked at Bank of America for 15 years before branching off to do her own private consulting. By contrast, some internet home based business entrepreneurs decided to forego their past identities and follow a particular pursuit or passion. Ali Galgano transitioned from a corporate recruiter at Goldman Sachs to a seller of unique costume jewelry. Kelly Elvin went from being a corporate lawyer to a dog trainer. What matters most is that your home based business is something about which you are knowledgeable and passionate.
“If you don’t love to roll your sleeves up, it’s not a good jump,” cautions Monica Doss, director of the Kauffman Foundation’s FastTrac entrepreneur training program. She says that running an internet home based business is a lot of work and it’s common for people to follow their ambitions only to find that they actually enjoy working in corporate America more. “There’s no shame” in that, Doss says, simply stating that not everyone is built to be an entrepreneur. While there can be greater financial rewards in e-commerce marketing, there are also more expenses. Suddenly you become aware that every phone call, every drive to meet a client, every lunch, every fax — are all expenses. Initially you will need to adjust your lifestyle to accommodate the new income bracket and expenses. You may not be able to take that annual vacation to Florida or dine out as frequently anymore.
Ray Gaines, entrepreneur and author of Start Your Own Business, says that it usually takes about six months to get an internet home based business up and running, but it’s certainly worth the time and effort. “Surprisingly, a recession can provide opportunities for business startups, particularly as the proverbial green shoots appear and the wheels of industry start to churn again,” he says. “When the recovery begins, people and companies start to spend and look for suppliers. Those new businesses that have made their names known through good marketing during the downturn will be noticed.”
While that is very ambitious, and certainly very rewarding, many who have been hit by the recession cannot afford to wait for six months to begin receiving cash from their new entrepreneurial activity. When I speak to people who are in such bind, I often tell them to get in to cash gifting. Cash gifting is the act of exchanging cash from one person to the other, as a cash gift. Gifting has changed many people’s lives people who went from broke to receiving over $10,000 a month or more (this is on the low side, many receive over $30,000 cash monthly) in cash simply by understanding the principal of giving first.
To get started in cash gifting it takes for you to give your inviter a cash gift of either $500, $1000, $2500 $3500 ranging all the way up to the $12,000 gift! The question is why would you want to give such a huge cash gift to your inviter? The answer is simple you can only receive cash gifts at the level that you are qualified at. So for example if you were to give a cash gift of $500 then you would only be eligible to receive $500 cash gifts from those who you invite to look at the cash gifting program.
Cash gifting programs have taken the internet by storm, and they are literally popping up everywhere. However, just as any other business ventures make sure that you have performed your due diligence about these cash gifting programs. It’s very imperative to your success to make sure that you gift a sponsor who will be there to help you, and mentor you with your cash gifting activity. Too many people have failed in cash gifting because they chose to join the wrong mentor who was on looking for the cash!
The primary goal with cash gifting is that you invite people to your website which does the selling and telling for you. So having a good mentor that will train you with good marketing techniques is very important. Getting traffic to your new cash gifting website will be the lifeblood of your new activity.
The concept of cash gifting is amazing because it is directly involved with helping others achieve prosperity and abundance in their daily lives. To find out more about cash gifting please contact the author of this article for more information.