Greg Billings

You might be in the business of . . . looking for a business.

Or you might be in a business . . . and it’s time to re-evaluate.

Either way, there are important questions you need to ask yourself.

With a recent TV mini-series on the air centered on the Bernie Madoff disaster, the phrase “Ponzi Scheme” is tossed around.

Or “pyramid scheme” . . .

Ever wondered the questions you can ask to determine whether the business is legit . . . or a scam?

Networking Times Today identified “8 Differences that Anybody Can Understand” to help you evaluate whether the business opportunity you are considering is legit . . . or a scam

Start with the first: Legitimate companies deliver quality products or services. If the product or service doesn’t pass the smell test, that should be your first clue.

Or the second: Network marketers don’t earn commissions through recruitment. Legitimate companies pay based on product/service sales. Not recruiting.

If you are seriously evaluating a business, you will do well to check out these 8 questions you can filter any business opportunity through.

Click here for the Networking Times Today story: Network Marketing Legit or Scam? 8 Differences Anyone Can Understand

PS  Be sure to check the YouTube cartoon at the beginning!

Multiple streams of income in your home-based business?

Or not?

A question that is asked . . . and debated within the home-based business community.

Industry Leader Diane Hochman recently offered her thoughts on multiple streams of income.

She makes an interesting comparison between a home-based business . . . and a brick and mortar like Target, Walmart, etc.

She suggests 1) thinking about your market and 2) thinking about the products for that market.

Click here for Diane’s thoughts on multiple streams of income . . . and what comes after you analyze your target market.

I’m a big fan of Robert Kiyosaki.

You probably know he’s the best selling author of Rich Dad, Poor Dad.

I like his book Cash Flow Quadrant the best.

Click here to see a previous post on his cash flow concept.

Whether you are a Robert Kiyosaki follower . . .

Or you are checking him out for the first time, you will want to watch this interview that Oprah did with Kiyosaki.

It’s a good 15 minute watch.

Then get the book, Cash Flow Quadrant!

Click here for the Oprah Interview with Robert Kiyosaki.

A while back, I shared Robert Kyosaki’s thoughts on the Cash Flow Quadrant and passive income.

You can see those living with passive income are 5  percent of the population  . . .

Yet, this is 95 percent of the nation’s wealth.

Want to understand passive income a bit better.

I recently watched a video by Pat Flynn.   He runs the website Smart Passive Income.com.

In under seven minutes, he shows you a passive income model.

All of this is directly related to building your You, Inc..  It’s well worth the 7 minutes!