Entrepreneur's Table

Considering an Opportunity ? Here's how to identify legitimate direct selling opportunities: Start up costs should be minimal. The start up fees in direct selling companies are generally modest - usually the cost of a sales kit. Companies want to make it easy and inexpensive for you to start. Pyramid schemes make their money through fees paid by new recruits or by loading inventory or training aids on them. High entry fees should be a warning sign. You should be able to return unsold inventory. Companies belonging to the Direct Selling Association "buy back" unsold marketable products purchased within the prior 12 months if you decide to quit the business, for 90 percent of the price you paid for them. The DSA Code of Ethics requires that member companies do this. Beware of opportunities that encourage "front end loading," or buying large inventories of unreturnable products to reach achievement levels or receive a "special" or larger "dis...

Some Repostings from The Dream Factory In an article entitled " What It Takes to Be a Successful Entrepreneur, " Wendy Kwek says (among other things: YOU NEED P.H.D.!! "I believe that everyone can be successful in business if you set your heart, mind and soul to becoming an accomplished entrepreneur. It takes PHD to succeed in business. That is Passion, Hunger and Drive! (sorry, I do not mean the academic PHD “doctorate”). So, ask yourself this question, do you have the passion to lead an exciting and rewarding life, do you have the hunger for success and do you have the drive and determination to conquer obstables that may come your way. Every time I look for business partners for the various businesses I am in, I look at the PHD level they have." My word for that, as unveiled in my sermon Sunday is "pyrocardia," a heart on fire. Romans 12:11 lays it out: "Never be lacking in zeal, but keep your spiritual fervor, serving the Lord." ...