Business Opportunity Coach
Business Opportunity Coaching is one of the newer business opportunities
we now support at DataMax and this enterprise is certainly on the rise due
to more and more individuals seeking some way out of the world of the
underpaid employee. Business Opportunity Coaching is a unique area of
consulting but this opportunity and enterprise is one that requires almost
no startup capital and one that almost anyone can do if they are willing to
invest in the many hours of research and data management which is required.
An Unlimited Opportunity for Those in the Know
One of the more attractive features about being a Business Opportunity
Coach is that the career path is unlimited and has an abundance of features.
A professional Business Opportunity Coach...
- Can evaluate an individual client's abilities and steer them in the
right direction towards an opportunity they can succeed in.
- Stays abreast of business opportunities and franchise opportunities
and know those that represent high-quality opportunities and those that
- Can assist clients in licensing and permitting and can assist them
in getting up and operating as soon as possible
- Understands the basics of small business finance and can assist
their clients in accessing factoring, microloans, merchant cash, etc.
- Assists their clients in cred repair is necessary.
- Helps their clients with the basics of marketing such as setting up
a business website, setting up an email marketing system, having
business cards and brochures printed, etc.
What You Will Need to Prepare for This Business
This is a very low cost business that is primarily based on research and
your ability to explore the thousands of business opportunities available,
separate the good from the bad, and then market this unique specialty area
of consulting to those you know. To launch this business, you will
- A Computer and Printer: You will be spending
many hours surfing the web and downloading information on business
- A Kindle: You will be investing in a lot of
informational "how to" books from Amazon. Most are very
inexpensive (99¢ and up) in Kindle format. You will save
hundreds of dollars using a Kindle reader rather than purchasing in
paperback form. We highly recommend the Paper White version.
(see link at left)
- A Website: You will need a website that
promotes this unique business
- A Blog: While this can be considered
optional, this is one business where a blog can take the place of a
great deal of other marketing tools. Word Press Blogs are very
easy to set up and operate.
- Affiliate Links: You will likely want to
"monetize" your website and blog with affiliate links for such programs
as credit repair, credit cards, legal documents, etc.
Income and Residual Income Potential
Business Opportunity coaches earn income in multiple ways.
- Coaching / Consulting Fees: Business
Opportunity Coaches are specialized consultants and as such, charge
consulting fees. You can charge an hourly fee or flat rate.
You can charge $215 per hour or $100 per hours based on your market.
It's all up to you.
- Affiliate Programs: Business Opportunity
Coaches will have a website that promotes affiliate links. These
will include affiliate programs such as credit repair, credit cards,
business finance, legal documents (incorporation), website creation,
- Referral Fees: Business Opportunity Coaches
will also benefit from direct referral fees which are often residual
such as factoring and small business finance fees. You may also
receive referral fees from franchises and directly from "biz opp"
Preparing for a Career as a Business Opportunity Coach
Becoming a good Business Opportunity Coach requires just two things:
- Knowledge: Becoming a good Business
Opportunity Coach means you will be doing a lot of online home work.
You will be exploring business opportunities, cataloging them by price
and requirements, checking for "rip off" reports. etc.
- Marketing: You will need to marketing your
consulting business. You will need a website, business cards, and
time to devote to social media such as Facebook, Twitter, etc. Get
signed up on social media and set your website up as soon as possible so
you can begin signing up for Affiliate Links>
- Affiliate Links: Quality income-producing
affiliate links for this enterprise are by the hundreds but you will
need a domain and website before singing up. Pick your links
wisely and focus on those that add something to your service.