A Turnkey Business is one which you can operate, part time if desired, online from the comfort of your own home.
After researching hundreds of different opportunities, companies and Franchises, we can say with certainty that a successful Turnkey Online Business will contain the following six ingredients:
You have to have a product that everybody wants and needs. This doesn’t have to be fancy or particularly fashionable, just something that is in demand that everybody can benefit from in the short and long term.
You have to have a compensation plan that will guarantee you a good immediate income with the potential for residual income down the road. The idea of building a turnkey online business is that, as the business grows, you’ll have more time to spend with your friends and family and let the business run on auto-pilot.
You need a comprehensive system that can be easily duplicated that does the telling and selling for you. Many people have product ideas but don’t want to pick up the phone to talk to people and are scared of the marketing side of their venture. Your system, therefore, needs to do all of this.
You need a system that provides the necessary training, via webinars and conference calls, so that you can feel confident about doing what you are doing.
You need to be able to mentor with people, who are already successful, doing what you want to do, who are already making the kind of money that you want to make and who already have the kind of lifestyle that you want to have. That is important because they are going to share with you how they did it and the mistakes they made along the way so you can avoid doing the same.
Finally, you need yourself. You are the most important piece of the process. You have to understand that, in order to be successful, you are going to have to learn new skills and put in some work initially to get your business up and running. Do not believe the nonsense that often gets peddled online about instant riches. Making a success of business on the internet is possible, but it will not happen overnight. Condition yourself to be flexible and dynamic and adopt a long term view with your strategy. Getting your expectations in check from the outset is half the battle for most newcomers.