Amway started back in the late 50s with a business model that forever changed the ways of doing traditional business. Amway has pioneered in the direct sales industry and started a chain reaction with other companies using the same business model. Through the power of relationships, Amway launched a successful proven business model by marketing one cleaning product. Since then, it has expanded from home products to a global leader in the categories of health and beauty. The business model has gone to make many people wealthy and has helped many more earn extra money.
So is Amway a feasible business opportunity? Well they have been business long enough to prove it. But for you to be successful in the direct sales industry, you are going to need to know what it takes to help you succeed in this new business venture. Too many new home based business owners start their business not knowing what it takes to succeed hence the huge failure rates. But if you want to succeed and in the home based business industry, then you will need to know the following:
Almost every home based business owner has a similar website to their competition. If you want to stand out from other distributors you will need a generic website branding you to give you a leg up from the competition. This website will give you a professional look and make you stand out as a business owner.
The lifeblood of your business will depend on how many new prospects you will have to introduce your business opportunity and/or products. You will need a good continuous flow of prospects(leads) to keep your business moving forward both with new distributors and customers for your business. If anything this is what makes or breaks most new home business owners.
3. Marketing Skills
In order to move product and recruit new distributors in your home based business, you will need to develop and master the skills of marketing both offline and online. You will want to market yourself as the professional in your home based business. With this skill, you can learn how to generate your own leads both offline and online as well sell more products and recruit more distributors.
4. Leadership Skills
This is your business and you will need to develop the skills to self motivate, organize, and make decisions to move your business forward. You will need to learn how to lead other people as well inspire and motivate them. The development of this skill will be vital to your success.
You need to be committed to your business 100%. You will have plenty of opportunities to get you off track and you will need to stay focused. Commit your self to learning new skills to grow as a professional and business owner.
In closing it does not matter if you are doing Amway or some other direct sales business. What matters is that you know you are in the marketing industry and your primary goal is to market and move products. Therefore, your key skill to build in this industry is marketing. So now you know the fundamentals of what it takes to succeed with Amway or any other home based business opportunity.