Ten Things I’ve Learnt Building A Profitable Home Business In Malaysia

Do you want to know how to set up a Malaysian home-based business?

Are you looking to make additional income for your family?

Are you looking to be able to spend more time with your family?

If the answers to these questions are yes, then you should consider starting a home-based business.

Lynn is my name and I’m from Kuala Lumpur in Malaysia.

I am a full-time mom to 2 young children.

My husband and I started our home-based business in March 2018, out of necessity.

We were searching for a second source of income for our family.

After several failed online businesses, we finally found an internet-based home business that worked.

Our company promotes wellness products through the network marketing model.

Our products include:

– Imported from Japan, Far Infrared Ray (FIR) emitting clothing

Functional food product that protects our hearts by reducing blood pressure and cholesterol in the United States (USA).

– 90 types of food enzyme, took 8 years fermentation process from Japan.

Collagen drink made with ingredients from France and Spain

– and many other

You will find many opportunities for business in Malaysia if you do a Google search.

Which one is best for you?

How can you avoid falling for scams and schemes that are geared towards pyramid schemes?

Here are 10 things I have learned about building a successful home-based business while being a mommy full-time.

1. Avoid sourcing your product directly from China. Your profit margin is very low, and you will not get a lot of customers’ return.

2. Only promote and sell products that you have personally used and believed in.

3. Promote a product that is unique in a market where there are no other competitors.

Blue Ocean products are those that have no other competitors in the same product category.

Follow the steps to learn more about marketing and business strategies from The Blue Ocean Strategy by Renee Mauborgne & W. Chan Kim.

4. High quality products with large potential markets in Malaysia are available.

5. Promote products that will help you generate repeat business.

6. Do not buy stock that is too large to be kept as it can tie up your capital.

7. You won’t have the time to handle your order processing, packaging, and product delivery.

8. Your profit margin and commission should be high enough to justify your investment in building your business.

9. Partner with a trusted supplier who has a proven founder and management team.

10. Don’t work alone. Always work in a team.

All the above criteria are met by my home-based business, which I am currently working on.

My core product is a Far Infrared Ray (FIR), emitting athleisure clothing.

My husband and I partnered with a company called Blue Ocean, which is a wearable technology that generates more than RM1 billion in sales over the first three years.