Posted by ripraprip | Posted in Home Base Business | Posted on 05-06-2009
Tags: business opportunity, home based businesses, make money at home, online business, work from home business
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A business opportunity — what is it really? It can be a number of things. One example: vending machines are being touted as some fantastic business opportunity. OK, fine; put up 1000s of such gizmos all over — and retire early!
The all-knowing Wikipedia maintains that if there exists some need for something, and money can be made by fulfilling that need, then there is a business opportunity. For example — some people have a skin problem, like acne. OK, you sell them some information on how to deal with acne, or a product that gets rid of acne. There you have it — a fine business opportunity.
Then there is for instance dog-training. Many people have dogs, and sometimes there may be problems with the dog’s behaviour. Now go out and offer this audience a book with dog-training advice. Put briefly; you make dollars if you reach out and help real people solve real problems. It is a real win-win situation.
Another big niche is the self-help area. You see, people are always dreaming of getting better — every day and in every way. Examples: stop smoking, lose weight, find happiness, discover the meaning of life. The idea is to come up with solutions to issues like these; and if you can do it that’s the road to success.
Look at it this way: rather than offering people problem-solving things; you are giving them dreams. What I mean by that is that oftentimes the important part is not what a product really does, but rather how it makes people feel.
What people do is buying things to feel better. Some products really have no other function. So, why do you think women like to use perfumes? Indeed, what other reason is there to use perfumes etc, except to feel good about yourself.
Enormous amounts of money are made by companies which have understood how to capitalize on the basic human need to feel good. There is the trivial example of product packaging. Big businesses are willing to sink plenty of dollars into investigating things like what type of package design seems to sell the best.
Which means: when you compare the merits of business opportunities, then consider if they have the potential to make people feel better. Heck, go ahead and make an ebook which tells the story of how you became slim and fit by eating potato chips. If you manage to write it so the readers feel good about themselves, you may have a winner.
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