Over the last few months, and especially throughout the US Presidential campaign, I kept hearing about the "soft economy". Some people even went so far as to use the dreaded "R" word; recession. The fact that I heard this time and time again is remarkable, considering that for the last few years I've been on a media fast. (TV News, CNN "Constant Negative News", Internet News, or the Newspaper.)
With all of this talk about the soft economy, I thought it might do well to illustrate a few examples to the contrary.
According to Media by Numbers, a box-office tracking company, the movie industry is actually thriving in this economy. 2008 box office gross receipts were about $9.63 billion. The first two months of 2009 (Jan 1st thru Mar 1st) were up over the same time period last year by 17.30% This equates to an annualized projection of over $10.75 billion this year.
Along those same lines, the Personal Development industry posted over $19 billion in sales. I was speaking with a few of my colleagues and mentors this morning, and in our company, our sales for the same time period last year (Jan 1st thru March 1st) are up over 60%.
So the ticket sales of people wanting to relax, and get away from the stress of life and be entertained by Hollywood has increased 17% in a nearly $10B industry. At the same time, the sales of products to people who want real and lasting change in their lives, and are studying how to get better results in less time has increased over 60% in an industry with gross sales more than twice that of the movie industry.
What this tells me is that more people are sick and tired of just being sick and tired. The masses just want to mask their fear and pain and laugh for a few minutes, while an even smaller group of people are willing to spend their hard earned cash to actually make a difference, and in turn, we've seen phenomenal record growth.
My point is this. in today's "soft economy", who are you choosing to be? Are you looking for a quick brain numb to forget about your problems, or are you finally ready to actually do something to change your situation. Most people are in fact going to choose the former. It takes much less effort, and the results are predictable. More doom and gloom.
As a good friend of mine recently remarked, "The choice is to get in front of the money, not to chase it." There is no less money being earned, spent, etc. The same money that was being earned and spent two years ago is being earned and spent today. The challenge is to shift where you are in relation to the money. Are you going to position yourself to be on the receiving end of the money and be at cause in your life, or are you going to stay where you are, and continue to be ruled by circumstance and public perception?
If you're an entrepreneur (man or woman), or if you have the dream of becoming an entrepreneur to take control of your own finances and future, you will want to contact me to learn more NOW.... no excuses, no drama, no hesitation.
Will you join the community of successful entrepreneurs that know how to navigate this economy, or are you going to insist on sitting on the sidelines to figure it out for yourself, and lose hundreds of thousands of dollars in the process?
It's the most simple business decision you'll make all year, and yet it will transform your understanding of what success will look like in 2009.
What if... In this Uncertain Economy, you could Change your Annual Income into your Monthly Income, Working Part time from Anywhere, with a Phone and an Internet Connection? Contact me to learn more NOW.
Tuesday, March 3, 2009
Tuesday, February 17, 2009
From NBC: "People turn to "network marketing" in soft economy"
As people look for other alternatives to earning an income, Network Marketers (both Direct Sellers and MLM folks) are welcoming extra media coverage helping to promote their industries.
NBC reporter Chris Pollone includes in his article, as quoted by Dr. Betsy Holloway of Samford University's Brock School of Business:
"I think in today's economy with the layoffs that we have and people desperate to find work, there's going to be increased demand in these sorts of opportunities."
Despite any negative connotations in regards to today's economy, Network Marketers couldn't ask for a better opportunity to expand their business to those truly in need.
The article basically states that in today's economy, many people are turning to Network Marketing and Direct Sales as a secondary or even primary source of income. The text of the story is below:
By Chris Pollone, Reporter
Published: February 17, 2009
BIRMINGHAM, Ala—While her husband was searching for full time work, Jennifer Grissom of Birmingham decided to make a little money on the side on top of her full-time job.
“I had to find some way to get an extra line of income that worked in the hours I had available to me,” she said.
Since November, Jennifer’s been selling skin care products for Arbonne International.
The company relies on a network of sales consultants who recruit other people to sell the product as well.
The more people a sales consultant recruits, the bigger her potential earnings are.
It might sound like a pyramid scheme to some, but marketing experts say it’s not.
“These are legitimate businesses, though you want to make sure you’re working for a good business, always,” Dr. Betsy Holloway of Samford University’s Brock School of Business said.
It’s called “network marketing” or “multi-level marketing” (MLM) and it’s been around for decades.
Companies like Amway, The Pampered Chef, and Tupperware work under similar arrangements.
Doctor Holloway said direct retail like this has been growing for a decade, and there’s potential for it to get even bigger.
“I think in today’s economy with the layoffs that we have and people desperate to find work, there’s going to be increased demand in these sorts of opportunities.”
Jennifer Grissom said she had to overcome a preconceived stigma of network marketing and the fear of rejection we all have.
“It’s not easy, but it is simple,” Grissom said. “You just have to be able to understand it, and be enthusiastic, without being annoying.”
She’s exceeding her expectations just three months after starting.
Experts advise if someone wants you to join a network marketing opportunity, take time to research the company.
They say that can help ensure you’re joining a legitimate business, and not signing up for a risky scheme.
You know, I've been working with the same direct sales/network marketing company for almost six years, and I can echo EVERYTHING said above.
It's just a choice!
Wednesday, January 28, 2009
Action is a four letter word.....
So as far as blogging goes, I've been hiding out in the corner. Actually, I've been hiding out in a whole other part of the house. It seems that no matter how successful I've been, how much money I've made, how many exotic vacations I've taken with my family, I've been AFRAID of blogging. And I know F.E.A.R. is a four letter word. I know that F.E.A.R. is really False Evidence Appearing Real. Prosperity is a state of mind, and F.E.A.R. doesn't have a green card in my state anymore. I've revoked it's work VISA and started deportation proceedings.
You see it all comes down to a choice. I can choose to say that my wife Amy's three blogs are good enough for both of us. In fact, I've made very good money because she loves to blog. I'm talking more money than most American families make in a year just because my wife is an expert and blogs regularly about prosperity and success. And that story served me for the longest time. But it doesn't serve me, it dishonors who I am. It dishonors my leadership and my stand for transforming the way the people on this planet think. It dishonors the efforts of all of the people who have followed in my footsteps and all who will do so in the future.
Recently, I had the opportunity to spend a weekend masterminding with some great minds. These are men and women I respect, and honor their counsel. One of the key things that I was reminded of during this opportunity to mastermind was that the universe loves speed. When struck by divine inspiration, take action. Get off the sidelines, get in the game, and take all out massive action. So here I am, declaring myself to be in action around blogging. The era of F.E.A.R is over.
I am a leader, I am a stand for prosperity, abundance and possibility. I have a mastery of the skills and discipline that cause success. I have learned from my mentors and my teachers the time honored principles of success and prosperity. It's been alot of work, but not the kind of hard work you might think. I was one of the masses that takes no personal responsibility for my life. Three and a half years ago, I was blessed to be exposed to a business, and a product that changed all of that and started me on my path to possibility and prosperity. The work has ALL been done in the six inches of real estate between my two ears.
It's called Personal Development. Some people call it Self Development, but regardless it's an exploration of beliefs and limitation, and an opportunity to choose a new path, a new way of thinking, rather a new way of being. (I'll talk ALOT more about this later).
In any case, expect to hear alot more from me going forward. Those of you who know me will acknowledge that I've never held back verbally, and will be pleased to see how my participation in this new medium manifests itself. Those of you who have yet to learn from me, well I leave it for you to decide for yourselves. To quote one of my mentors, "Take what you want and leave the rest."
I'll be back in a few days to share more of my insight, and some of the counsel I received from some of the greatest minds of our time. I'll tell you all about them, and share some of what they said. I still have goosebumps.
Your life begins now. Choose wisely.
You see it all comes down to a choice. I can choose to say that my wife Amy's three blogs are good enough for both of us. In fact, I've made very good money because she loves to blog. I'm talking more money than most American families make in a year just because my wife is an expert and blogs regularly about prosperity and success. And that story served me for the longest time. But it doesn't serve me, it dishonors who I am. It dishonors my leadership and my stand for transforming the way the people on this planet think. It dishonors the efforts of all of the people who have followed in my footsteps and all who will do so in the future.
Recently, I had the opportunity to spend a weekend masterminding with some great minds. These are men and women I respect, and honor their counsel. One of the key things that I was reminded of during this opportunity to mastermind was that the universe loves speed. When struck by divine inspiration, take action. Get off the sidelines, get in the game, and take all out massive action. So here I am, declaring myself to be in action around blogging. The era of F.E.A.R is over.
I am a leader, I am a stand for prosperity, abundance and possibility. I have a mastery of the skills and discipline that cause success. I have learned from my mentors and my teachers the time honored principles of success and prosperity. It's been alot of work, but not the kind of hard work you might think. I was one of the masses that takes no personal responsibility for my life. Three and a half years ago, I was blessed to be exposed to a business, and a product that changed all of that and started me on my path to possibility and prosperity. The work has ALL been done in the six inches of real estate between my two ears.
It's called Personal Development. Some people call it Self Development, but regardless it's an exploration of beliefs and limitation, and an opportunity to choose a new path, a new way of thinking, rather a new way of being. (I'll talk ALOT more about this later).
In any case, expect to hear alot more from me going forward. Those of you who know me will acknowledge that I've never held back verbally, and will be pleased to see how my participation in this new medium manifests itself. Those of you who have yet to learn from me, well I leave it for you to decide for yourselves. To quote one of my mentors, "Take what you want and leave the rest."
I'll be back in a few days to share more of my insight, and some of the counsel I received from some of the greatest minds of our time. I'll tell you all about them, and share some of what they said. I still have goosebumps.
Your life begins now. Choose wisely.
Friday, September 12, 2008
Get Your Work Space Organized for a Successful Home Business
Organization is essential to any successful business. Good organizational skills can save you time, money, and space – and a lot of headaches.
When you’re starting your home-based business, it’s a good idea to have an organization strategy in place right from the start. This will help you to build good habits into your daily operations, and maximize the hours you devote to your business. After all, sifting through piles of scrap paper to locate a missing invoice is not a productive use of your time! Also, a neat and organized environment is easier on the senses, and can make work a lot less stressful.
Here are five tips to help you get your home office organized.
1. Find a home for every item. When you assign every item a “home,” you know exactly where to look when you need that item. When you finish using something, return it to its place. Also, a neat and clean home office helps you feel like you’re starting fresh every day. Always try to keep your desktop clear of clutter.
2. Choose functional furniture: Desks with numerous drawers, nooks, and crannies provide lots of potential “homes” for small items. Desks or credenzas with file drawers are a natural choice – but if your desk has minimal drawer space, look for shelving units you can set up within easy reach of your workspace. Chair(s) should be comfortable but mobile. Natural light or soft white bulbs are easier on the eyes than fluorescents – although the new energy-saver bulbs are a great choice if you’re “going green.”
3. Gather your organizational tools: File folders, labels, envelopes, pens, notepads, an inbox and outbox, baskets, storage bins, file boxes, blank CDs, and USB drives are all tools to help you get organized and stay organized. Make your tools decorative as well as utilitarian, so that you actually enjoy using them.
4. File away! Maybe you like to use accordion folders instead of a traditional filing cabinet system. Perhaps you prefer to organize by date instead of alphabetically. It doesn’t really matter what your personal filing system is, as long as you stick to it – and ask anyone who’s helping you to stick to it too. Try to do your filing at least once a week, so you don’t end up buried under a mountain of paperwork. If you’re trying to go paperless, back up to a portable hard drive at least once a week – and if you store files on CDs, be sure to label them clearly and store them properly to prevent damage.
5. Develop a system to deal with your mail. The number one paperwork problem for many people is mail. Read and sort your mail every day. Separate unpaid bills from the rest; a basket or bin for “accounts payable” is a great way to make sure you don’t misplace your statements. Once bills are paid, they can be filed away. As for other mail, file according to your system, and always shred credit card offers and other junk mail that might have your personal information on it.
Running a home business should be a pleasure, not a pain. The biggest benefit of an organized home office is that you’ll always be able to find what you need when you need it, and you’ll have more time to spend doing what you love!
When you’re starting your home-based business, it’s a good idea to have an organization strategy in place right from the start. This will help you to build good habits into your daily operations, and maximize the hours you devote to your business. After all, sifting through piles of scrap paper to locate a missing invoice is not a productive use of your time! Also, a neat and organized environment is easier on the senses, and can make work a lot less stressful.
Here are five tips to help you get your home office organized.
1. Find a home for every item. When you assign every item a “home,” you know exactly where to look when you need that item. When you finish using something, return it to its place. Also, a neat and clean home office helps you feel like you’re starting fresh every day. Always try to keep your desktop clear of clutter.
2. Choose functional furniture: Desks with numerous drawers, nooks, and crannies provide lots of potential “homes” for small items. Desks or credenzas with file drawers are a natural choice – but if your desk has minimal drawer space, look for shelving units you can set up within easy reach of your workspace. Chair(s) should be comfortable but mobile. Natural light or soft white bulbs are easier on the eyes than fluorescents – although the new energy-saver bulbs are a great choice if you’re “going green.”
3. Gather your organizational tools: File folders, labels, envelopes, pens, notepads, an inbox and outbox, baskets, storage bins, file boxes, blank CDs, and USB drives are all tools to help you get organized and stay organized. Make your tools decorative as well as utilitarian, so that you actually enjoy using them.
4. File away! Maybe you like to use accordion folders instead of a traditional filing cabinet system. Perhaps you prefer to organize by date instead of alphabetically. It doesn’t really matter what your personal filing system is, as long as you stick to it – and ask anyone who’s helping you to stick to it too. Try to do your filing at least once a week, so you don’t end up buried under a mountain of paperwork. If you’re trying to go paperless, back up to a portable hard drive at least once a week – and if you store files on CDs, be sure to label them clearly and store them properly to prevent damage.
5. Develop a system to deal with your mail. The number one paperwork problem for many people is mail. Read and sort your mail every day. Separate unpaid bills from the rest; a basket or bin for “accounts payable” is a great way to make sure you don’t misplace your statements. Once bills are paid, they can be filed away. As for other mail, file according to your system, and always shred credit card offers and other junk mail that might have your personal information on it.
Running a home business should be a pleasure, not a pain. The biggest benefit of an organized home office is that you’ll always be able to find what you need when you need it, and you’ll have more time to spend doing what you love!
Thursday, August 7, 2008
Get Out of Debt
Are you drowning in debt? Are your finances out of control? Has paying bills become extremely difficult? Do not worry – you are not alone – and there IS a way out.
In today’s world, the cost of living is at an all-time high. Families are struggling to make ends meet. As wages stay the same, all of the other costs seem to be increasing. Look how much it takes to fill your car’s gas tank these days. Compare your electric bill from last year to this year’s. And the cost of health care for your family? We won’t even go there.
It all seems very overwhelming, but with the right people, knowledge, and resources by your side, there are many steps you can take to dramatically improve your financial situation.
How Can I Make More Money?
When your debts are high and your monthly income is barely, or not at all enough to cover the payments, you must take immediate action to solve your problem. Develop a personalized debt repayment plan, and find a way, a legitimate way, to make more money.
Thanks to the plethora of today’s justifiable work from home business opportunities, people are able to earn more money without sacrificing their families, or their precious time and energy.
If you are determined to get out of debt and live the life you have always dreamed about, a work from home business is a most practical solution for generating a viable second income. In today’s world, there is no need to take on a second job at a fast food joint or movie theater. The ability to work from home is genuine, and it is the path more and more people are taking every day – putting them on the path to financial freedom. All you need is a computer, a telephone, and the passion to do your absolute best.
The path to financial recovery takes total commitment and hard work. You have to decide that you want to get out of debt and stay out of debt. You have to continually discipline yourself to take the necessary action to work hard and pay back your debts.
If you ready for this commitment and want to start your own work from home business, contact me, and I will provide you with everything you need to get started.
In today’s world, the cost of living is at an all-time high. Families are struggling to make ends meet. As wages stay the same, all of the other costs seem to be increasing. Look how much it takes to fill your car’s gas tank these days. Compare your electric bill from last year to this year’s. And the cost of health care for your family? We won’t even go there.
It all seems very overwhelming, but with the right people, knowledge, and resources by your side, there are many steps you can take to dramatically improve your financial situation.
How Can I Make More Money?
When your debts are high and your monthly income is barely, or not at all enough to cover the payments, you must take immediate action to solve your problem. Develop a personalized debt repayment plan, and find a way, a legitimate way, to make more money.
Thanks to the plethora of today’s justifiable work from home business opportunities, people are able to earn more money without sacrificing their families, or their precious time and energy.
If you are determined to get out of debt and live the life you have always dreamed about, a work from home business is a most practical solution for generating a viable second income. In today’s world, there is no need to take on a second job at a fast food joint or movie theater. The ability to work from home is genuine, and it is the path more and more people are taking every day – putting them on the path to financial freedom. All you need is a computer, a telephone, and the passion to do your absolute best.
The path to financial recovery takes total commitment and hard work. You have to decide that you want to get out of debt and stay out of debt. You have to continually discipline yourself to take the necessary action to work hard and pay back your debts.
If you ready for this commitment and want to start your own work from home business, contact me, and I will provide you with everything you need to get started.
Friday, July 11, 2008
Tax Planning Tips
As a self-employed individual, the thought of paying taxes may be a tad scary. But have no fear – there are many tax benefits for the self-employed, which include the home office deduction.
Having knowledge in the area of home office deductions can come in quite useful for all those who are either self-employed or an employee of a company working out of his or her home office. According to Uncle Sam, if you use any portion of your home for business, you will be able to deduct the associated costs. These associated costs refer to the business portion of real estate taxes, mortgage interest, rent, utilities, insurance, depreciation, painting and repairs. Make note that the total amount you can deduct depends on the percentage of your home used for business. This means your deduction will be limited if your income from your business is less than all your business expenses.
This is as cool as it sounds. But, of course, the IRS has several requirements that those who work from home must meet. Some of the general requirements are:
• The home office must be used regularly and exclusively for business needs. For example, you cannot set up a computer in your bedroom, type up a few emails on it, and then consider that room to be your “home office” as well. The home office must be used strictly as the home office, and nothing else.
• The business portion of your home must be either your principal place of business OR where you meet or deal with clients, customers, and/or patients in the normal course of your business. Separate, detached structures such as a guest house or garage that is used for business may certainly also qualify as a home office. In recent years, the IRS broadened the types of business activities that can be considered in determining whether a home office is a taxpayer’s principal place of business. Nowadays, a home office is qualified for deductions if it is used exclusively and regularly for the administrative or management activities of your business. However, be on alert that your home office location must be the only place where you can fulfill such responsibilities.
Let 2008 be the year you start your own work from home business. Contact me directly, and I will provide you with additional information about what you need to get started.
Having knowledge in the area of home office deductions can come in quite useful for all those who are either self-employed or an employee of a company working out of his or her home office. According to Uncle Sam, if you use any portion of your home for business, you will be able to deduct the associated costs. These associated costs refer to the business portion of real estate taxes, mortgage interest, rent, utilities, insurance, depreciation, painting and repairs. Make note that the total amount you can deduct depends on the percentage of your home used for business. This means your deduction will be limited if your income from your business is less than all your business expenses.
This is as cool as it sounds. But, of course, the IRS has several requirements that those who work from home must meet. Some of the general requirements are:
• The home office must be used regularly and exclusively for business needs. For example, you cannot set up a computer in your bedroom, type up a few emails on it, and then consider that room to be your “home office” as well. The home office must be used strictly as the home office, and nothing else.
• The business portion of your home must be either your principal place of business OR where you meet or deal with clients, customers, and/or patients in the normal course of your business. Separate, detached structures such as a guest house or garage that is used for business may certainly also qualify as a home office. In recent years, the IRS broadened the types of business activities that can be considered in determining whether a home office is a taxpayer’s principal place of business. Nowadays, a home office is qualified for deductions if it is used exclusively and regularly for the administrative or management activities of your business. However, be on alert that your home office location must be the only place where you can fulfill such responsibilities.
Let 2008 be the year you start your own work from home business. Contact me directly, and I will provide you with additional information about what you need to get started.
Saturday, June 14, 2008
Work from Home
Nearly 10 percent of today’s workforce works from home, and this percentage is increasing on a daily basis. While many of these people work from home running their own businesses, there are also several who work from home for an actual employer. Approximately two million American businesses support some kind of telecommuting program for their employees.
Telecommuters continually report that their lives are happier and less stressful due to the increased satisfaction with their job, more freedom, and increased time with their families. Also, who wouldn’t enjoy saving all that money on gas that would otherwise be spent working outside of the home?
Based on a survey by the Information Technology Association of America, 36% of respondents would choose telecommuting over a pay raise. Would you?
Not only do the employees themselves benefit from telecommuting, but so do their employers and the environment as well. Employers benefit from reduced real estate costs, increased productivity, morale, and employer turnover costs, just to name a few. The environment benefits from reduced fossil fuel consumption and traffic congestion, resulting in significantly cleaner air and safer neighborhoods. According to the Environmental Protection Agency, if even just an additional 10 percent of the nation’s workforce would telecommute even for just one day of the week, it could save Americans from driving up to 24.4 million miles; help them breathe cleaner air with 13,000 tons less of air pollution; and save them considerable cash by conserving more than 1.2 million gallons of fuel each week.
What About Working for Yourself?
Even better news – a sacrifice in the amount of money you make at your current job does not have to be made when you find the right work at home job opportunity. Legitimate work from home businesses are sprouting up by the day, everywhere you look. More and more, people are searching online and finding a plethora of available work from home business opportunities. Thanks to these abundant opportunities, people no longer have to choose between their families and money, or professional fulfillment. Because, frankly, they can have it all with the right kind of work from home job opportunity.
Can You Do It?
Before you embark on this amazing prospect, ask yourself the golden question. Are you an ideal candidate for working from home? Do you have the drive and the self-discipline it takes to work from home under no or minimal supervision? Are you a self-starter who can perform independently? Do you manage your time well, and are you organized? Be sure to do a thorough self-evaluation to determine if working from home is a right choice for you.
Success is Right Within Your Reach
In order to make your work from home business a rewarding and successful one, there are many guidelines that you should adhere to.
The first is marketing research. A ton of work from home businesses fail due to the fact that there is not an adequate market for the product or services that the businesses are trying to sell. Performing a comprehensive analysis of the work from home business is therefore an absolute must.
As earlier stated, independence and self-reliance is crucial. In order to work for yourself, you can most definitely not be the passive type. You have to be self-disciplined and have a “go get ‘em” type of attitude. Most home-based businesses start out as a one-man or woman operation. Because of this, you are most often expected to do everything at the onset of your business – writing your business plan, marketing, selling, accounting, and much more. As your business succeeds and more revenue is streaming in, then would be a more opportune time to hire an employee or employees.
Managing your time well is another important facet to the successful work at home business type. Remember, working from home puts you in a situation where you are easily prone to distraction. Sometimes the kids may be calling, the dog may be barking, the house phone may be ringing – whatever your distractions, find the methods that best work for you to optimize your time working from home.
And this next thing cannot be said more than enough – promote, promote, promote! Your business will only ever be as good as the size of the market that you are able to reach. Be aggressive, and get the word out about your product or service. Promoting your business is truly an essential investment for ALL businesses, no matter what the size or type.
And lastly, get help when you need it. Read business, publications, attend networking events, and/or join your local Chamber of Commerce.
If you are ready and willing to start your own work from home business, contact me. I will provide you with additional information about what you need to get started with your own work from home business.
Telecommuters continually report that their lives are happier and less stressful due to the increased satisfaction with their job, more freedom, and increased time with their families. Also, who wouldn’t enjoy saving all that money on gas that would otherwise be spent working outside of the home?
Based on a survey by the Information Technology Association of America, 36% of respondents would choose telecommuting over a pay raise. Would you?
Not only do the employees themselves benefit from telecommuting, but so do their employers and the environment as well. Employers benefit from reduced real estate costs, increased productivity, morale, and employer turnover costs, just to name a few. The environment benefits from reduced fossil fuel consumption and traffic congestion, resulting in significantly cleaner air and safer neighborhoods. According to the Environmental Protection Agency, if even just an additional 10 percent of the nation’s workforce would telecommute even for just one day of the week, it could save Americans from driving up to 24.4 million miles; help them breathe cleaner air with 13,000 tons less of air pollution; and save them considerable cash by conserving more than 1.2 million gallons of fuel each week.
What About Working for Yourself?
Even better news – a sacrifice in the amount of money you make at your current job does not have to be made when you find the right work at home job opportunity. Legitimate work from home businesses are sprouting up by the day, everywhere you look. More and more, people are searching online and finding a plethora of available work from home business opportunities. Thanks to these abundant opportunities, people no longer have to choose between their families and money, or professional fulfillment. Because, frankly, they can have it all with the right kind of work from home job opportunity.
Can You Do It?
Before you embark on this amazing prospect, ask yourself the golden question. Are you an ideal candidate for working from home? Do you have the drive and the self-discipline it takes to work from home under no or minimal supervision? Are you a self-starter who can perform independently? Do you manage your time well, and are you organized? Be sure to do a thorough self-evaluation to determine if working from home is a right choice for you.
Success is Right Within Your Reach
In order to make your work from home business a rewarding and successful one, there are many guidelines that you should adhere to.
The first is marketing research. A ton of work from home businesses fail due to the fact that there is not an adequate market for the product or services that the businesses are trying to sell. Performing a comprehensive analysis of the work from home business is therefore an absolute must.
As earlier stated, independence and self-reliance is crucial. In order to work for yourself, you can most definitely not be the passive type. You have to be self-disciplined and have a “go get ‘em” type of attitude. Most home-based businesses start out as a one-man or woman operation. Because of this, you are most often expected to do everything at the onset of your business – writing your business plan, marketing, selling, accounting, and much more. As your business succeeds and more revenue is streaming in, then would be a more opportune time to hire an employee or employees.
Managing your time well is another important facet to the successful work at home business type. Remember, working from home puts you in a situation where you are easily prone to distraction. Sometimes the kids may be calling, the dog may be barking, the house phone may be ringing – whatever your distractions, find the methods that best work for you to optimize your time working from home.
And this next thing cannot be said more than enough – promote, promote, promote! Your business will only ever be as good as the size of the market that you are able to reach. Be aggressive, and get the word out about your product or service. Promoting your business is truly an essential investment for ALL businesses, no matter what the size or type.
And lastly, get help when you need it. Read business, publications, attend networking events, and/or join your local Chamber of Commerce.
If you are ready and willing to start your own work from home business, contact me. I will provide you with additional information about what you need to get started with your own work from home business.
Subscribe to:
Posts (Atom)
