The Four Factors That Cause People to Start a Home Based Business
There are lots of reasons that people begin a home based business, they are usually very specific and personal reasons. However, much of the time the motivations can be divided up into a few main themes. By understanding these 4 main issues you can do a better job of providing people specific benefits that solve their very personal and individual problem.
1. The need to earn more money. Every one of us has bills to pay and sometimes it's as basic as the bottom line. Many people are not earning enough money every month to pay and fund all their needs. Sometimes it might be a purchase they want to make and just don't have the money, other times hours may have been slashed and the situation is dire and something needs to be done quickly. By listening to the money reasons you can give a specific solution to get that new car, or to help them fund baby Johnny and little Mary's college fund.
2. Tick-tock…the clock. Some people make plenty of money, but are they happy spending 60 or 70 hours a week to do it? You can show them a way to work smarter so they can go to the park with their kids, or be there for the family dinner every night instead of working more overtime. We all have the same 24 hours in a day and we choose how we use them, it's a priceless commodity that we never get back so listen for this complaint and specifically address the answer.
3. A desire for security. It used to be that the safe and secure life was the one where you got a good degree and went to work for a stable company for 30 years with a nice pension and a great retirement to look forward to, those days are gone. For the past 20 years people have been switching jobs more often and with the recent economic downturn companies are cutting the bottom line and that means jobs. There is little loyalty and we all feel that more than ever. When people talk about these problems guide them into the potential of your business and how it can provide the additional security that they want.
4. People want to be the captain of their own life, they want to make their own choices. It's a God given instinct to provide for yourself and live your own destiny, you are the boss of you. Some people today don't like their job, or they just think that what they give their employers is worth much more than they receive in pay or in respect. Being your own boss is a freeing and exciting idea and you need to show that to those who need more choices in their life.
Most of the time the needs people have will fit in to these 4 categories and it's your job to show how you can solve their problem in a very personal way with a business that works. People care about what's in it for them, they don't care about features but real problem solving benefits personalized for them.
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