Assessing Income Opportunities: 5 Vital Criteria
In my constant quest for lucrative income opportunities and effective ways to save money, I often encounter a vast array of choices.
The challenge lies in distinguishing the truly promising ones. I will share the five key factors I consider when deciding whether to engage with and endorse an opportunity. Here are my five essential indicators:
Availability:
Is it accessible globally?
Product Relevance:
Does the product address a genuine need?
Affordability and Obligations:
Are the pricing and auto-ship requirements reasonable?
Compensation Plan:
Is it straightforward and rewarding?
Timing:
Is the company relatively new?
Now that you are aware of these five criteria, let's delve into one of my favorite newer opportunities as an example: "Got Back Up."
"Got Back Up" ranks high on this list because it meets all five of these criteria, and I'll explain why for each one:
1. Availability:
"Got Back Up" is globally accessible as it offers a digital service/product. This global reach is advantageous for prospecting without geographical limitations.
2. Product Relevance:
"Got Back Up" provides a vital backup service, enabling users to safeguard their files on various devices. Moreover, it functions as a file storage and sharing platform, aligning perfectly with the needs of many individuals.
3. Affordability and Obligations:
Unlike numerous health & wellness and skincare companies with expensive products and mandatory monthly auto-shipments, "Got Back Up" is a service that requires a reasonable monthly fee of just $9.97. This affordability is coupled with more storage, making it a cost-effective choice compared to competitors like Dropbox or iCloud.
4. Compensation Plan:
The simplicity and lucrativeness of the compensation plan are crucial. "Got Back Up" scores positively in this aspect. While it does require effort and is not a get-rich-quick scheme, it provides a user-friendly compensation plan. The system includes an excellent landing page and follow-up system to streamline the process, though success still necessitates diligent work.
5. Timing:
Timing is vital, as older network marketing companies can be challenging to break into due to established competition. "Got Back Up" is a newcomer, having launched just this year. This timing presents an opportunity for rapid growth and momentum, making it an ideal moment to get involved.
In conclusion, "Got Back Up" checks all the boxes when it comes to my criteria for evaluating income opportunities.
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