If you've spent anytime in the "Home Business World" (I had to stop and chuckle for a minute, sounds like a huge Mega Store catering to all of your home business needs), you're bound to have quit at least one. And for us in "The Home Business Arena" (another chuckle...Superbowl 50 to be held at "The Home Business Arena"!); we've had our share of ventures we've loved, hated, embraced, promoted, and wondered..."why does it seem like I'm the only one who's involved in this one?"
I wanted to compile a wish list of what I feel may be (pretty darn close) to a perfect home business:
1) Everyone (or almost everyone) realizes that some sort of monthly fee is necessary. Make it relatively reasonable - let's say 10 to 20 bucks.
2) Structure it to where you can make your monthly fee back within 30-60 days, and keep earning at least your 10 to 20 buck fee back consistently.
3) Please, no cutesy or goofy names. To clarify, nothing like "The Little Home Business That Could" or "The Dripping With Money Club".
4) Most ambitious people will realize that they're not going to earn 1,000,000,000 per month in the first six months, but structure it to where they can make something. When you get down to it, even 100.00 monthly in earnings can be exciting. I'm excited just writing that!
5) Have a creed that if you're at least earning your monthly investment back, you won't quit.
6) This company should have a component to where a portion of profits go to a worthwhile cause, be debt free, have some worthwhile purpose for existing, and a realistic pay plan structure.
Tall order? Perhaps. But it never hurts to ask.
Showing posts with label home business. Show all posts
Showing posts with label home business. Show all posts
Tuesday, March 15, 2011
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?
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?
Monday, November 29, 2010
Even The Beatles Faced Rejection
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Regardless of how you feel about the Fab Four, they are a phenomenon. But what if they quit on their quest to the top? How about Michael Jordan? Brad Pitt? Hillary Swank? Clint Eastwood?
Did you know that before being signed to Capitol records, John, Paul, George, and Ringo auditioned for Decca and were turned down?! What if they went to a pub afterward and said, "maybe we're not cut out for this?" or "if Decca doesn't see our talent, who will?"
I personally love all of the above and respect their staying-power. They didn't quit and faced a ton of rejection.
Why didn't they quit?
Two reasons: They love what they're doing and believe in what they're doing. It's that simple.
Is your home business stressing you out? Do you love what you're doing? Do you believe in what you're doing?
Regardless of how you feel about the Fab Four, they are a phenomenon. But what if they quit on their quest to the top? How about Michael Jordan? Brad Pitt? Hillary Swank? Clint Eastwood?
Did you know that before being signed to Capitol records, John, Paul, George, and Ringo auditioned for Decca and were turned down?! What if they went to a pub afterward and said, "maybe we're not cut out for this?" or "if Decca doesn't see our talent, who will?"
I personally love all of the above and respect their staying-power. They didn't quit and faced a ton of rejection.
Why didn't they quit?
Two reasons: They love what they're doing and believe in what they're doing. It's that simple.
Is your home business stressing you out? Do you love what you're doing? Do you believe in what you're doing?
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