Top 3 Home Businesses

 


 



Top 3 Rated Home Businesses

Posted by Dr. Charlie Smithdeal




#3 Rated Home Business
* Avon *

 

Background:

Avon is maybe the granddaddy of the granddaddies in the direct sales industry, and it is the world’s largest direct sales company with over $10 billion in annual revenue.  It was founded in 1886 as the California Perfume Company, and has since grown to be one of the Fortune 500 Companies and is a publicly traded stock.  Doing a review of this ‘behemoth’ in the direct sales industry is daunting, but we will do our best here.  Avon is described as the “company for women”, and is a leading global beauty company.  Avon markets to women in more than 100 countries through approximately 6.5 million active independent Avon Sales Representatives.  The company is headquartered in New York, NY.


Strengths:

  • Avon has worldwide opportunities.
  • High quality products already in use, and in demand.
  • 125 year super-successful corporate track record.
  • Impressive company sales of over $500,000,000.
  • Pays independent reps commissions on their direct sales, as well as pays bigger money for recruiting other reps, and building teams.


Weaknesses:

  • The women’s beauty market is very competitive.
  • This is definitely a 'direct sales' business, so if one is shy, or doesn’t enjoy selling, this is not for them.
  • There can be considerable costs to promoting the products thru monthly brochures, etc.
  • This is quite limited to women representatives, with few exceptions for the ‘exceptional’ male that takes and interest in these products, etc.


Avon Business Rating (High Score is 10)

 

7.4

 

 

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#2 Rated Home Business
* Wealth Masters International *


 

Background:

Wealth Masters International calls itself “The World’s Premier Wealth Creation Community”, and began operating in January 2005. Kip Herriage and Karl Bessey are the visionaries behind Wealth Masters International. The company was founded as a direct sales and wealth creation education company. They are headquartered in Sugarland, Texas.

Wealth Masters offers a variety of financial, legal, and wellness education products, as well as ongoing trainings and live events. As a part of Wealth Masters, members of this ‘private club’ have unique access to these information products, their authors, and other notable thought figures. One of the premier ‘products’ of the company are its wealth education events held at various international locales and several times per year.


Strengths:

  • Has a strong reputation as a credible company.
  • Strong financial education products that all need.
  • Great financial earnings opportunity for those that work it.
  • Strong direct sales pay plan.


Weaknesses:

  • Can be a high cost of entry, but with considerable returns.
  • Advertising, marketing costs could be high.

 


Wealth Masters Business Rating (High Score is 10)

 

7.5

 

 

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