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Tuesday, 20 April 2010

Opportunities For Home Business Traps.



Opportunities for Home Business enterprises are advertised anywhere and everywhere by anyone and everyone. And the lure of a legitimate home business opportunity is very hard to resist - the prospect of working from home and generating income has many lifestyle attractions - more flexibility, potentially more income, more time with family to name a few.

But a Work From Home Opportunity has to be seen for what it is without the glitz and glamor and razzmatazz that so many home business opportunities present.

Pure and simply they represent an opportunity for people to make money working from home - the key word here is opportunity. They are not a license to print money, in fact many of them are quite the opposite - a license for the "opportunity owner" to take money from you. But amongst the hype and hoopla there are some genuine opportunities to build a home based business. Rather than recommend one I would like to outline the type of home business opportunities that you should avoid like the plague.

Opportunity Trap Number 1

One of the most popular "opportunities" advertised today is what can be broadly categorized as the bait and switch type program. Typically, these programs offer the home based business opportunity seeker "free money" to just join the program.

The catch is that for you to ever see the "free money" you have to sell at least two sometimes more "pro membership" options to these programs whereupon you will earn an extra amount to achieve payout. These programs are deceptive and misleading - do not get involved.

Opportunity Trap 2

From time to time an "opportunity" offering outlandish rates of interest for an investment of anywhere between $5 and $50000 will become popular on the Internet. Known as either HYIP, or Cyler programs these products are illegal in most countries and are pyramid or ponzi schemes. Again stay away from this type of program - you will lose your money and perhaps be charged with fraud if you choose to promote such a scheme.

Opportunity Trap 3

MLM programs are extensively promoted as a Home Business opportunity and some of them are legitimate but to be perfectly frank, most people do not have the sales or networking experience to become successful in this type of business opportunity without many many hours of learning a whole new skill set. These types of home business opportunities are not recommended for the new online business owner.

You maybe aware of a business opportunity similar to those described above and you may be tempted to become involved. I sincerely recommend that you do not do so. There are easier and more lucrative home business opportunities that the average prospective home business owner can turn to.

Mark Hodgetts is the owner of the blog Opportunities Home Business which can be viewed here

Article Source: http://EzineArticles.com/?expert=Mark_Hodgetts

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