Some people who have recently retired from their job are not looking to settle into playing golf every day. Or, they may need to supplement retirement income. And, of course, many people of early retirement age have a wealth of experience and want to maintain an active daily schedule.
According to a Global Entrepreneurship Monitor (GEM) report, 18% of those involved in early entrepreneurship are over 55 and 7.9% are over 65 years of age. That number could be as high as it is due to many older people finding it difficult to procure employment that will pay them for their experience and skills. Or, they simply have worked for someone else for so long they want to be their own boss. Therefore they choose to start their own business.
In any case, starting a business from home is a great solution to supplement retirement income.
Our company, ERA Credit Services, working in conjunction with Financial Education Services (FES) has a business opportunity that may be a great fit for some of these people. It involves helping individuals get their personal finances on track, has services that the majority of the population needs, requires a low start up cost, provides a comprehensive training program, can be very lucrative, and can be done from home on a part-time or full time basis.
Our flag ship product is a set of financial services that helps people increase and protect their credit, identity, family, finances and future called the Protection Plan. The core service is credit restoration. Although we speak to everyone about our services our best source of clients is referrals from professionals in credit related industries such as real estate, mortgage, banking, auto, solar and other industries.
Many of our independent agents are people who want to supplement retirement income by using the skills and experience they have to develop relationships with these professionals and build a pipeline of customer prospects. In addition, those with management skills can build a sales team to create leverage in developing a string residual income.
FES has been in business since 2004 and is headquartered in Farmington Hills, MI. They have an A+ rating with the Better Business Bureau and conducts business in all 50 U.S. states. The flagship service, credit restoration provided by their credit restoration division, United Credit Education Services which also carries an A+ rating.
When considering starting a credit repair business there are many questions you need to ask and get answered. It’s very important to choose the right credit repair business model to satisfy your needs, goals and perhaps even limitations. I mention limitations because few of us come into a new business totally prepared with every skill set and requirement necessary. In most cases, only after we are in a business do we realize certain elements that are required that we didn’t beforehand.
Download Our Free Questionnaire to Find Out Which is the Right Credit Repair Business Model for You
There are actually 3 different business model types in the credit repair industry. Here are some questions you need to consider before choosing the right one.
What Are Your Goals?
a) Income (initially and long term)
b) Time (time to recuperate investment and hours a week to devote to the business)
What Is Your Skill Set & What Do You Like To Do?
a) Sales & Marketing
How Much Can You Invest?
a) Start up costs
Which Credit Repair Business Model Should You Choose?
Here are those credit repair business model types, what is required, and some of the advantages and disadvantages of each. Choosing the right one for you depends on your goals, your skills, your time, and the money you have to invest.
Starting Your Own Business
1) Federal & state laws and regulations
5) Office (home or other)
8) Sales skills
9) Admin skills
10) Limited income unless you want to expand & hire staff
Conclusion- You must have a substantial amount of time & money to invest. You must also enjoy admin work, as well as understand that your customer base will be limited unless you hire staff.
Buying a Franchise
1) Significant investment $12,000 to $20,000
2) Still need to be concerned with Federal & State laws and regulations
3) Website, training, administrative should all be provided
5) Marketing skills
6) Sales skills
7) Limited income unless you hire sales staff
Conclusion- You must have a substantial amount of time & money to invest. And the franchisor must train you on how to market and sell against the competition
Owning an Independent Agency
1) Low start up cost- less than $300
2) The parent company has satisfied all state & federal requirements
3) Website, marketing materials, training, administrative are all provided
4) Training includes Sales & Marketing
5) The ability to add multiple Agencies provides unlimited income potential along with a residual income component
6) No staff needed
Conclusion- This is the lowest risk option providing potentially the highest reward. It also provides the ability to start making sales and earning income quicker.
For Detailed Information on the topic of Credit Repair Business Model Watch This Video
How many people out there today have less than perfect credit? You may say, “a lot, or many, or even you!” A recent study says the number is about 77 million Americans. Our company is looking for people to capitalize on the opportunity to help individuals with a San Diego credit repair business. And, to help those that need clients with a particular credit score in order to close business such as professionals in real estate, mortgage, auto, banking, solar companies and more.
An Opportunity to Work in Credit Repair
Are you completely satisfied with your current position or income? What would an additional $1,000 a month on a part-time basis do to help you and your family? Or, are you looking to perhaps make a career change and earn a significant income?
Credit repair is booming and we are looking for Agents to help us expand our credit repair business in San Diego and around the nation. We are a 10 year old established company that has helped over 170,000 people improve their credit score. We have an A+ rating with the BBB and thousands of very satisfied clients.
Partner With a Proven Credit Repair Service
We have a documented and proven credit repair service. Your job would be to educate consumers and professionals in credit related industries on this service and input their information into our online system. Our staff of experts does the credit repair work and you get paid!
If you have management experience, and/or are willing to learn, you can also build a team of Agents here in San Diego and around the country and get paid on their production.
If you want or need to increase your personal credit score we are here to help. But if you also are looking to make a change in your income or profession you may also want to consider joining our team.
If You Want to Know More About a San Diego Credit Repair Business We’d Love To Hear From You
Either way give us a call at 619-492-3040. We’ll provide you with detailed information. If you are the right individual we will set you up with an interview with our Vice President, Dale Guiducci.
Looking for an MLM or Network Marketing Opportunity was originally posted in 2014 and was updated January, 2017
If you’re setting out to find an MLM or network marketing opportunity you most likely have experience in the industry. Therefore, you want to find a company with the attributes that are important to you. But at the same time eliminating many of the pitfalls or disadvantages you may have discovered with a previous company.
What if you could find a company that offered all the advantages and attributes of a great MLM opportunity but had eliminated many of the pitfalls and disadvantages? Let’s examine what some of these advantages and disadvantages are.
Advantages of an MLM or Network Marketing Opportunity
Residual and recurring income
Utilizing the efforts of other people (OPE)
Start up/ground floor opportunity
Low start up cost
Selling products that are needed not just desired
Unlimited income potential
Disadvantages of an MLM or Network Marketing Opportunity
Ongoing monthly fees/costs for product
Trying to recruit family and friends
Ground floor opportunities usually come from inexperienced companies
Products that are over priced
Products that have competition at retail stores
Selling a product that is a desire not a need
Having to train and manage people
Carrying inventory so people can try the product
Competition from other MLM’s in the same space
Low initial income
If you have experience in the industry you can perhaps add items to each of the lists above. The point is that choosing the right network marketing opportunity is the key. And, you want to have as many advantages and eliminate as many of the disadvantages as possible.
Here’s a company that I believe has done so and something you may want to take a strong look at. Many “traditional” network marketers will find this company to be very unique. It may be a bit foreign to them and they don’t quite grasp the differences.
Network Marketing Opportunity
Financial Education Services (FES) is a 14 year old company so the infrastructure is solid and stable, and they have tremendous scalability. FES is also debt free. It’s a ground floor opportunity without the typical risk associated with a company that is new.
The flagship product of FES is not a product at all. It’s a service, credit repair. Tens of millions of people are in need of this service and will continue to need credit repair long into the future. Because FES and its credit repair division, United Credit Education Services, have not only a 14 year track record but they have already serviced 250,000 customers. And, they both have an A+ rating with the Better Business Bureau.
They also have other financial services that people need such as a will & trust and identity theft protection. Also a service that helps people pay off their debt faster, on line credit monitoring and more. By offering services and not products they eliminate the issue of buying and maintaining inventory. And, the margins for services are far better than for products because there are no manufacturing and shipping costs. Therefore they can actually offer these services for less than traditional businesses can. This puts their independent Agents in a great position to compete in the marketplace and still have a very lucrative pay plan.
Referrals for Sales from Other Professionals
Something that FES has to offer that perhaps no other company in the MLM or network marketing space has is the ability to get referrals for sales from other professionals. Real estate agents and brokers, mortgage brokers and loan officers, auto salespeople and dealers, banks, solar companies and more. Any professional or company that has a need for their clients to have a certain credit score to close business with them is a potential referral source. Individuals and companies in the industries listed above lose a significant amount of their business because their prospective customers cannot qualify due to credit score. The FES Agent can solve this problem by developing relationships with these people who are happy to refer these “lost” prospects to them.
Eliminating the Negatives of Network Marketing
This company certainly provides all the advantages listed above but here’s how they have eliminated the typical disadvantages of MLM or network marketing.
Ongoing monthly fees/costs for product- Agents for FES can choose, and should choose to purchase their services for a nominal monthly fee. But once they have 5 other Agents or customers on the services theirs is now free. No more monthly fee.
Recruiting everyone that you know- FES promotes recruiting of Agents certainly but trains their Agents to look for serious business-minded entrepreneurs. That may be one’s neighbor but more than likely friends and neighbors become customers or simply referral sources.
Ground floor opportunities usually come from inexperienced companies- This company has a ground floor opportunity but is not a start up by any means. It’s the best of both worlds.
Products that are over-priced- FES services are priced lower than what is found in the current marketplace for an inferior service.
Products that have competition at retail stores- the consumer cannot find the services FES offers at a store. They aren’t going to replace these services while running their errands.
Selling a product that is a desire not a need- The services that FES offers are not just a desire. People need what FES Agents have to sell to be able to refinance or buy a home, car, rent a home or apartment, and more.
Having to train your own team- FES provides the top training in the industry. The concept is to plug your new Agents into the training system and allow the top producers in the company to train your Agents. Also, FES trainings are not hype and not just motivational. Their trainings are filled with content about building a business.
Carrying inventory so people can try the product- no inventory is needed
Competition from other MLM’s in the same space- there is none
Low initial income- this may be the best part. An FES Agent can earn a $100 commission on a credit repair sale (Protection Plan Membership with credit repair), and $12/month residually. What other MLM company has a product or a service where one sale can result in that type of pay off? FES Agents can get themselves in a position on a part-time basis to be earning $4,000 or month or more in 90 days or less. Of course, results are based on the individual Agents efforts and time they put into the business. Click here for details and our income disclosure.
Contact Us About This Network Marketing Opportunity
If you are looking for an MLM or network marketing opportunity but want a company that is different, and has eliminated many of the pitfalls in the industry, FES just might be for you.
Contact Dale Guiducci, Vice President with Financial Education Services and owner of ERA Credit Services, an independent Agent of FES and United Credit Education Services.
It is clear that some people are drawn to entrepreneur success. It’s in the nature, it’s in their blood. They like taking risk. It’s similar to those people that take physical risks with activities like rock climbing, parachuting, or hang gliding. But would someone in their right mind go rock climbing without instruction or the right equipment? Would they not want someone to first show them how it’s done safely to give them the best chance of success? Failure in those physical activities can have a disastrous outcome.
Failure as an entrepreneur won’t cause bodily harm or kill you, of course. In fact, many successful entrepreneurs have failed many times before getting it right. But if you can learn from someone that’s done exactly what you want to do (the same industry, the same services or products) wouldn’t it make sense to learn as much as you can from that person?
But where can you go to find someone that’s done exactly what you want to do and been immensely successful at it. And then, how do you convince them to teach you? Why would they want to do that? Wouldn’t they just be creating competition for themselves?
The only way that’s going to occur is inside a business model where that successful individual is monetarily and otherwise incentivized to teach you. Where they become even more successful by helping you duplicate what they’ve done. Moreover, what if you could find a business model where a training system has been set up so that the top producers in the company teach you exactly what they’ve done to achieve the success they’ve had.
Entrepreneur Success- Achieve It!
I’ve been very fortunate to find such a business model, such a company, such a training system. Prior to joining this company I had started a few businesses and either failed or achieved marginal success. Basically I was just paying my bills. Through a brilliantly designed system that I was able to follow I have achieved more success faster than I thought was possible for me. I had always seen a few over achievers become incredibly successful at what they did and thought they had some magic formula. Maybe they did. But I certainly didn’t.
Today I am able to follow in the footsteps of some of these over achievers and learn specifically what they did to get where they’re at. And, what’s truly amazing is that it is far more simple than I would have ever made it on my own.
For information about this system and this company contact me-