Making a Big Change? Consider a Business Opportunity

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Discussion Overview

The thread explores the topic of introducing a business opportunity to a friend considering a career change. Participants share their thoughts on how to approach the conversation and the challenges they face in discussing their own experiences with the business.

Discussion Character

  • Opinion-based
  • Anecdotal
  • Exploratory

Main Points Raised

  • One participant shares a personal experience of debating whether to introduce a business opportunity to a gaming friend looking for a career change.
  • Another participant suggests sending a private message that highlights personal earnings and invites further discussion.
  • One participant expresses concern about their own limited success as a hobbyist consultant and feels hesitant to recruit others.
  • Another participant encourages sharing average consultant earnings to provide a realistic perspective on potential income.
  • Several users mention the importance of aligning the business opportunity with the individual's financial needs and willingness to work.
  • One participant emphasizes that the effort put into the business should ideally match the rewards received.

Areas of Agreement / Disagreement

Views differ on the confidence in recruiting others, with some participants feeling uncertain about their own success while others encourage sharing the opportunity regardless of personal experiences.

Contextual Notes

Participants discuss their personal experiences and feelings regarding the business, highlighting the varied motivations and outcomes among consultants.

Who May Find This Useful

Consultants considering how to approach potential recruits or those reflecting on their own business experiences may find this discussion relevant.

babywings76
babywings76
Gold Member
Messages
7,266
I have someone on FB that I'm not close to. Actually, I'm embarrassed to confess that it's someone another friend introduced me to because she also plays a game I do. :blushing: So we're gaming friends. :D Anyway, she posted today:

ok im ready for a big change and i might take xxxxx on a ride with me. we need new place to live and i am going top find a new career too but what makes this much in so few hours??????

So, I'm sitting here debating on sharing the biz opportunity with her, but I'm not sure how to do that. What to say in reply to her post or in a PM?
 
Send a private message just saying the truth.
"Hey, this is Amanda, we both play Farmville [or whatever it is] and I saw your post today. I just wanted you to know that I really love what I do and I make $XX each month. Do you have an email where I can send a little bit more information since Facebook messages are so limited?"

And then link her to the opportunity section of YOUR website.
 
Great word choices, Shelby!

Amanda - definitely follow up. You'll kick yourself if someone else beats you to the punchline.
 
  • Thread starter
  • #4
The only problem is that I'm a hobbyist consultant and I'm not making much. I'm actually trying to step up my business, but things have been bombing. I've been a little frustrated with how little I earn compared to what I'm putting into it. So I feel like I'm a bad example and have a hard time feeling confident in recruiting people who NEED this as an income opportunity. KWIM? I know that a lot of you ARE doing well. My director pays her mortgage with her PC earnings, so I know it's possible that I don't want to NOT tell people about it.
 
Well then give her the average consultant stats. Let her know that she can make between $80-100 a show. Depending on her financial needs, that will determine her effort and number of shows needed.

If you are truly feeling like you are putting more effort than you are receiving rewards, then you may want to take an objective view of your business. Assess where you are needing to tweak. Are you spending more money on prizes? How's the host coaching? Do you need to find more time for income PRODUCING activities? Where can you streamline?

The biz SHOULD be rewarding you and matching your efforts.

You are NOT a bad example. You have managed to maintain a biz for 2 years despite the economy, when many other companies are folding and crumbling. Your goals are different. If you are a hobbyist, then your efforts and pace will be different from the consultant who needs the biz to pay her bills. You can continue to be a hobbyist and support/train her to acheive her goals should SHE want to be a FT consultant.

Go for it!
 
I'd also private message her with the suggestion, and give the general stats too...it can't hurt!!
 
I believe that she will make as much as she needs and what she is willing to work for. My family needs close to a full time income out of me and $300-400 extra a month isn't going to cut it.... I plan my schedule accordingly.
Share the facts. If it fits her needs and is something she is willing to do, then she will see the value in it.
 

Frequently Asked Questions

What are the first steps to take when considering a big change in business?

The first steps include conducting a thorough assessment of your current business situation, identifying the reasons for the change, and defining clear objectives. It's essential to gather data, analyze market trends, and understand customer needs. Engaging stakeholders and gathering their input can also provide valuable insights and foster support for the change.

How do I evaluate if a business opportunity is worth pursuing?

To evaluate a business opportunity, consider conducting a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats). Assess the potential market size, competition, and profitability. Additionally, consider the resources required, including time, capital, and personnel. Gathering feedback from potential customers and industry experts can also help gauge the opportunity's viability.

What are the common challenges faced when making a big change in business?

Common challenges include resistance to change from employees, inadequate resources, and insufficient planning. Communication breakdowns can also hinder the process. It's crucial to anticipate these challenges and develop strategies to address them, such as providing training, fostering a culture of openness, and ensuring that there is a clear vision and plan in place.

How can I ensure that my team is on board with the change?

To ensure team buy-in, involve them early in the change process by soliciting their input and addressing their concerns. Clearly communicate the reasons for the change and how it aligns with the company's goals. Providing training and support, as well as recognizing and rewarding contributions, can also help foster a positive attitude towards the change.

What metrics should I use to measure the success of a big change?

Metrics to measure the success of a big change can include financial indicators such as revenue growth and profit margins, as well as operational metrics like efficiency improvements and customer satisfaction scores. Employee engagement and retention rates can also be important indicators. Establishing clear KPIs (Key Performance Indicators) before implementing the change will help track progress effectively.

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