Tuesday, December 7, 2010

3 critical survival tips for any home business (Two minute read)

     It's unfortunate, but too many home businesses fail for the wrong reasons.  Here are three:

     1)  The well ran dry!  Translation:  the willpower was there, but the funds ran out.  Solution:  A home business budget is critical to your success and longevity.  Allocate the money your enterprise needs to stay afloat, then reinvest your profits.

     2)  The company I joined closed its doors or turned out to be a scam!  Translation:  They're are a lot of fantastic offerings out there and many that aren't so good.  (Just like people...lol!)  Solution:   I strongly suggest aligning yourself with solid companies.  GDI (Global Domains International), and Trafficwave are two of my personal favorites.  Mainly due to their affordability, stability, and staying-power.  I encourage you to find a stable company that fits your needs.  They're plenty to choose from.

     3)   Rome wasn't build in a day!  Translation:  Be realistic about your earnings expectations.  Think of it this way:  you're going to college to become a doctor.  You know upfront you're going to invest thousands of dollars in your education and YEARS of study.  Your payday is not for many years to come.  You don't give up after two years of college because you've made no money.  What keeps you from quitting is focusing on the big picture.  Why should your home business be any different? 





    

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