Running a successful home based business can be challenging because as entrepreneurs we are constantly pushing the boundaries and breaking barriers.
But there are at least three key challenges that you will encounter as a home based business entrepreneur and in this article you will discover the best home based business success secrets that can fit.
The option of building a successful business out of your home can make "work" seem far less disheartening, matching convenience and controlled comfort with much less overhead.
Plus the added bonus is that the income potential is much higher as a business owner and you will not be trading time for a wage but instead creating leverage in your life and home based business. You can drive your kids to school in the morning and wake up at the time you want. And if you are thinking that running a home based business is too solitary, be sure to realize that home based business does not mean homebound.
In fact, you will find that many home based business companies do very well without any kind of retail office space, because they don't depend on traffic off the street, but rather spreading their message out into the world for new customers to enjoy. So let's dive in to what it takes to thrive with a home based business even during the recession while everyone else is crying in their soup.
Here are the three most daunting challenges and how to overcome them:
1- Lack of Focus: This is by far the biggest problem I see among novice home based business owners. See as entrepreneurs we naturally have a sort of "Shiny Object Syndrome" where we get easily distracted by time-sucking projects that often do not contribute to the bottom line. It's imperative that you focus primarily on high-value activities that contribute to the businesses bottom line. One way to maintain higher control over this is by using a timer to work, and do pre-determined activities in 33 minute blocks. Then take 5-10 minutes break and resume with another 33 minute block of focused work. This strategy demands focus on high value activities and allows for time to rest and regenerate.
2- Mindset Shift: Many times as entrepreneurs we suffer from the shiny object syndrome referenced earlier and this can cause both a victim and consumer mindset. Both of these mindsets erode your ability to run a successful home based business because they are destructive. As a successful entrepreneur you will adopt a mindset of make it happen or else and focus your efforts on activities that add to the bottom line. Adopt a mindset of a marketer and business owner as if you had invested $100,000 into your home based business, rather than buying each and every offer that pops up in your inbox.
3- The Right Formula: The last challenge in this article is having the right formula to success. Now, understanding the numbers of your business is very important because in order to reach your income projections you have to understand how many leads and sales it will take you each month and each week. Understanding the numbers is crucial in determining how to adjust over the course of the weeks and months of the year. Also, my advice in finding the right formula is to be selling something that can make big commissions so that it requires far less sales to hit your targets. This Top Tier model has allowed me to effectively double my existing online business just by adding one model.
Now, I hope you will do what is necessary to create a successful home based business because I guarantee that it's worth it in the long run.
Tuesday, October 28, 2014
Friday, June 6, 2014
Two Key Variables - We Must Learn To Control
There are two key variables in our lives that we need to learn to control. If we fail to exercise control over them they will certainly be cracking the whip over our heads... Time and Money, so often linked together, the bond between them seems to be unbreakable. Break the bond between these two and it is like breaking your own bonds, and setting your self free. The Time Bank is finite, we understand that each day we have the same 24 hours. I saw an illustration once, that went something like this..
Imagine you have a bank account, each day you start with $86400.00 ( read dollars read pounds, euros, gold doubloons whatever currency you like) you can spend as little or as much of it on anything you like. 2 rules, no credit and no saving any of it for tomorrow.
It sounds like Brewsters Millions doesn't it? how would you spend it all... making sure you spent it all wisely, would be the challenge... well in truth we each of have a bank account like this, one day it will stop, abruptly, and there will be no more to spend. It is of course not money but our time.
The two key variables - time and money
If every second was measured as a dollar, wow, you can't save it for a rainy day, you cannot borrow more... you just have what you have. How wisely do you spend yours...
Ever spent time badly, wasted it on a silly purchase? Of course, we all have, it is natural, but when you put it in these terms we suddenly get a crystallised view of our most precious commodity... and sometimes we forget just how rare a commodity time is.
Two Key Variables - Time And Money
When you understand the value of time, we should really try to separate the link between it and money... how can you ever put a price, on something so precious, and yet we all do.
We exchange our time for money so glibly, almost carelessly, and we do it in such ways that seem unimportant, and yet the web of work we weave around us, seems so imperceptible at first, and so insignificant we fail to notice. Then suddenly the trap shuts, and we are locked in with more money owing than we can imagine, and time running out. Suddenly no matter how much time we trade we are trapped, we tried to have it all up front, and failed... in its smallest sense it is a bit like taking a loan to have a holiday... how demotivating is it to work your butt off when you have already had the holiday, and you are only working to get your self back up to Zero!
The Two Variables - But Are Time and Money Variable?
Let us get this straight once and for all... 98% of people who trade time for money either have an abundance of one or the other, rarely both, and in fact people that do achieve an abundance of both are so rare that they are looked upon with suspicion or even mistrust.
Let us remind ourselves time is the constant, we have a finite amount, what we have available to us, to use as we see fit. How we use it is actually down to us. We live by the rules we set ourselves. We make a choice to trade our time for money, and in so doing we surrender our freedom for a finite amount of money. We may have dreams of endless wealth, but few achieve it, and very few even believe it is attainable.
Time AND Money Freedom is rare because it takes bravery to step outside the norm, to stand up and risk failure to risk having nothing is a huge risk.
But let us look at the reality of true wealth... if by being "Off Grid" to such an extent that the amount of money you need is less than Mr Average, are you not better off than him who is constantly on the ferris wheel of home to work, work to home, home to work...
The constant demand on your wallet on the wheel of life is huge... break out, leverage your time... and suddenly you have more than 10 hours a day to earn money.
Explain Time Leverage? - Cut The Time And Money Link
Systems, you need to have systems in place that can duplicate what you do 10 times 100 times 1000 times a day with out you needing to be there...
How many emails can you answer a day 100? how many orders for product can you fulfill manually? 30? may be...
By Implementing automated systems you can duplicate your time, so that your business is working 24 hours a day 7 days a week...
I am reminded of the story I used to use about the founder of Tesco... a UK supermarket...
How true it is I know not... but we will call it "alltimart" for simplicity, So Mr Mart had been to America and seen these new self service stores... he decided he could do it in The UK... everyone told him it would never work,British people like &service. But Mr Mart knew he could only serve a limited amount of people a day if it depended upon him alone running backwards and forwards at the counter, grabbing the peoples choices.
Alltimart was successful, Mr Mart was pleased, but felt he could achieve more sales... The naysayers all told him "quit while you are ahead",... but Mr Mart carried on and opened a second store exactly the same, doubled his profit, he was now trading 16 hours a day in effect, so he opened two more and suddenly he had beaten the clock... he was now trading 32 hours in a single day... the rest as they say is history... add to the initial system the economies of scale for purchasing, the time duplication, and the enormity of the system and the leverage was huge... Mr Mart now has 4000+ stores all open 24 hrs... 96000 hrs trading in every 24 and that is just in the UK...
Now would Mr Mart mind if he lost a store or two... I doubt if he would notice... would the original small shop keeper? Of course... we go back to the principle of not keeping all our eggs in the one basket... but by separating our time from our ability to earn, we have suddenly allowed ourselves to escape from the work time, time and money conundrum.
Two Key Variables - Under Control
By Taking control of these two key variables, and not wasting them, and actually duplicating what we are able to do, with systems, we set our selves free.
This will not happen overnight. You will have to put some work in, but why should that scare you, we have been conditioned to work, we work to get money, the only difference here is that we have work that bit harder for a bit longer without reward, we have, in effect to prime the pump.
This is the stumbling block, most people fail because they are still in JOB mode. I have performed... Pay Me Now... what the people who quit fail to realise is that pay day in this world of self sufficient entrepreneurs is huge. It actually bears no resemblance to the effort you put it... because due to the systems you establish the pay days keep coming long after you have done the work... you separate Time & Money.
Imagine you have a bank account, each day you start with $86400.00 ( read dollars read pounds, euros, gold doubloons whatever currency you like) you can spend as little or as much of it on anything you like. 2 rules, no credit and no saving any of it for tomorrow.
It sounds like Brewsters Millions doesn't it? how would you spend it all... making sure you spent it all wisely, would be the challenge... well in truth we each of have a bank account like this, one day it will stop, abruptly, and there will be no more to spend. It is of course not money but our time.
The two key variables - time and money
If every second was measured as a dollar, wow, you can't save it for a rainy day, you cannot borrow more... you just have what you have. How wisely do you spend yours...
Ever spent time badly, wasted it on a silly purchase? Of course, we all have, it is natural, but when you put it in these terms we suddenly get a crystallised view of our most precious commodity... and sometimes we forget just how rare a commodity time is.
Two Key Variables - Time And Money
When you understand the value of time, we should really try to separate the link between it and money... how can you ever put a price, on something so precious, and yet we all do.
We exchange our time for money so glibly, almost carelessly, and we do it in such ways that seem unimportant, and yet the web of work we weave around us, seems so imperceptible at first, and so insignificant we fail to notice. Then suddenly the trap shuts, and we are locked in with more money owing than we can imagine, and time running out. Suddenly no matter how much time we trade we are trapped, we tried to have it all up front, and failed... in its smallest sense it is a bit like taking a loan to have a holiday... how demotivating is it to work your butt off when you have already had the holiday, and you are only working to get your self back up to Zero!
The Two Variables - But Are Time and Money Variable?
Let us get this straight once and for all... 98% of people who trade time for money either have an abundance of one or the other, rarely both, and in fact people that do achieve an abundance of both are so rare that they are looked upon with suspicion or even mistrust.
Let us remind ourselves time is the constant, we have a finite amount, what we have available to us, to use as we see fit. How we use it is actually down to us. We live by the rules we set ourselves. We make a choice to trade our time for money, and in so doing we surrender our freedom for a finite amount of money. We may have dreams of endless wealth, but few achieve it, and very few even believe it is attainable.
Time AND Money Freedom is rare because it takes bravery to step outside the norm, to stand up and risk failure to risk having nothing is a huge risk.
But let us look at the reality of true wealth... if by being "Off Grid" to such an extent that the amount of money you need is less than Mr Average, are you not better off than him who is constantly on the ferris wheel of home to work, work to home, home to work...
The constant demand on your wallet on the wheel of life is huge... break out, leverage your time... and suddenly you have more than 10 hours a day to earn money.
Explain Time Leverage? - Cut The Time And Money Link
Systems, you need to have systems in place that can duplicate what you do 10 times 100 times 1000 times a day with out you needing to be there...
How many emails can you answer a day 100? how many orders for product can you fulfill manually? 30? may be...
By Implementing automated systems you can duplicate your time, so that your business is working 24 hours a day 7 days a week...
I am reminded of the story I used to use about the founder of Tesco... a UK supermarket...
How true it is I know not... but we will call it "alltimart" for simplicity, So Mr Mart had been to America and seen these new self service stores... he decided he could do it in The UK... everyone told him it would never work,British people like &service. But Mr Mart knew he could only serve a limited amount of people a day if it depended upon him alone running backwards and forwards at the counter, grabbing the peoples choices.
Alltimart was successful, Mr Mart was pleased, but felt he could achieve more sales... The naysayers all told him "quit while you are ahead",... but Mr Mart carried on and opened a second store exactly the same, doubled his profit, he was now trading 16 hours a day in effect, so he opened two more and suddenly he had beaten the clock... he was now trading 32 hours in a single day... the rest as they say is history... add to the initial system the economies of scale for purchasing, the time duplication, and the enormity of the system and the leverage was huge... Mr Mart now has 4000+ stores all open 24 hrs... 96000 hrs trading in every 24 and that is just in the UK...
Now would Mr Mart mind if he lost a store or two... I doubt if he would notice... would the original small shop keeper? Of course... we go back to the principle of not keeping all our eggs in the one basket... but by separating our time from our ability to earn, we have suddenly allowed ourselves to escape from the work time, time and money conundrum.
Two Key Variables - Under Control
By Taking control of these two key variables, and not wasting them, and actually duplicating what we are able to do, with systems, we set our selves free.
This will not happen overnight. You will have to put some work in, but why should that scare you, we have been conditioned to work, we work to get money, the only difference here is that we have work that bit harder for a bit longer without reward, we have, in effect to prime the pump.
This is the stumbling block, most people fail because they are still in JOB mode. I have performed... Pay Me Now... what the people who quit fail to realise is that pay day in this world of self sufficient entrepreneurs is huge. It actually bears no resemblance to the effort you put it... because due to the systems you establish the pay days keep coming long after you have done the work... you separate Time & Money.
Tuesday, May 27, 2014
How to Improve Your Self-Confidence
A self-confident person is one who has a quiet acceptance about themselves and are realistic about their strengths and weaknesses. They know they won't succeed at everything they do, and don't have a problem with this fact. They don't view the world through the eyes of a victim. They take responsibility for their actions.
On the other hand, people who lack self-confidence focus on what's 'wrong' with themselves. They have a running monologue in their brain that judges them negatively. They often seek approval from others. People lacking in self-confidence avoid taking steps toward their goals in life, fearing they will fail. They can't accept compliments and are self-conscious about their perceived flaws.
What's important to realize is that self-confident people aren't born that way. These traits can be learned. Negative self-images can be changed, but it takes work to create new habits of thinking. It starts with that first step, choosing to change your outlook.
How to create a habit of self-confidence:
• Make a concentrated effort to replace negative self-talk with positive self-talk. Need some help? Listen to positive thinking CDs and read inspirational books. Do some research to find out what it takes to change bad habits.
• Create a mind-set of gratitude. Every night, before bed, think about the things in your life that you're thankful for. Think about your accomplishments. Focus on the things you did well that day. This is a good way to rid yourself of that negative self-talk.
• Create success for yourself. You can do that by accepting failure. This means taking risks and working toward your goals, even though success isn't guaranteed. Those inevitable failures in life are valuable learning experiences. A failure that results in a "ah-ha" moment is a stepping stone to success in reaching a goal.
• Take care of yourself, physically and mentally. Eating healthy food and having a regular exercise program will help you achieve a confidence in your body's abilities; along with boosting your self-esteem. To enhance your mental health, take steps to manage stress, get enough sleep, and socialize with friends and family.
• When conversing with others, make a habit of active listening. We often worry about what others think about us, but when we get to know other people, we find out that they have the same fears. Listening to others and helping them become more confident boosts our own self-confidence.
• When facing a situation that makes you apprehensive, such as an important job interview, do your best to prepare and practice, by using online and other resources. When facing a new situation in life, it helps to research and learn about that situation in order to help you handle your uncertainties.
• Stand up for yourself in an assertive way and hold onto your values. Attempting to live by other people's values and beliefs, rather than your own, makes you doubt yourself.
Finally, stand tall, and walk with a purpose. Wear clothes that make you feel and look good. When people compliment you, simply say "thank you," with a smile. Take time to compliment others. Don't take yourself too seriously; laugh at yourself. Socialize with people who are positive, not those who drag you down.
Building self-confidence isn't something that will happen overnight. But it's a trait worth pursuing, because it can help us meet life's challenges with a 'can-do' attitude. The self-confidence habit can help us reach our life goals and live a happier life.
Saturday, May 17, 2014
Love Someone Today, Care About Others, Let Kindness and Generosity Be OK
We live in such a hectic world and somewhere along the way, we've let that become OK. I'm just too busy. i have so much going on - we say. And we know that everyone around us will accept that answer because they feel the same way. But what are we really keeping busy with and what does any of it matter anyway?
Didn't you originally go to work so that you could make a life for your family? That same family that you now never have time to talk with because you are so busy?
Didn't you originally join those clubs or activities to meet people and make new friends? Those same friends you now don't have time to interact with because you're so busy with all those clubs and activities?
Didn't you take that promotion so that you could make a little extra money and do some extra things with your family and friends and for yourself? You know, yourself - that person who drops into bed exhausted at night wondering how you'll ever find all the time you need to catch up on everything.
At some point in life you begin to realize that all of this running and hectic and crazy in our life - happened because we made a choice to let it. And we are the same people who can choose to end it.
You can choose to let one activity go. You can choose to be late for something or to just not go. You can begin to realize that if you don't start to make changes in your life to fit in the things that truly should be priorities - you're never going to have a life.
Love someone today. Care about others. Let kindness and generosity be OK.
You don't have to keep running around like a crazy person trying to be and do everything. You don't have to keep believing the world view that cynical and tough are the right way. You can begin to make small changes in your life today to bring love and kindness and generosity back.
You don't have to wait for congress or the government or your boss to say it's OK. You don't have to keep thinking - well right after this is done or maybe one day.
You made the choices to do all the things that are stressing you and keeping you from being loving today. And you can make the choice to live as a new and happier you starting today.
Yes, it may mean breaking some commitments and just walking away, but that's OK. It's time to remember what's actually important to you and why you do the things you do and how to get back to living as you each and every day.
Didn't you originally go to work so that you could make a life for your family? That same family that you now never have time to talk with because you are so busy?
Didn't you originally join those clubs or activities to meet people and make new friends? Those same friends you now don't have time to interact with because you're so busy with all those clubs and activities?
Didn't you take that promotion so that you could make a little extra money and do some extra things with your family and friends and for yourself? You know, yourself - that person who drops into bed exhausted at night wondering how you'll ever find all the time you need to catch up on everything.
At some point in life you begin to realize that all of this running and hectic and crazy in our life - happened because we made a choice to let it. And we are the same people who can choose to end it.
You can choose to let one activity go. You can choose to be late for something or to just not go. You can begin to realize that if you don't start to make changes in your life to fit in the things that truly should be priorities - you're never going to have a life.
Love someone today. Care about others. Let kindness and generosity be OK.
You don't have to keep running around like a crazy person trying to be and do everything. You don't have to keep believing the world view that cynical and tough are the right way. You can begin to make small changes in your life today to bring love and kindness and generosity back.
You don't have to wait for congress or the government or your boss to say it's OK. You don't have to keep thinking - well right after this is done or maybe one day.
You made the choices to do all the things that are stressing you and keeping you from being loving today. And you can make the choice to live as a new and happier you starting today.
Yes, it may mean breaking some commitments and just walking away, but that's OK. It's time to remember what's actually important to you and why you do the things you do and how to get back to living as you each and every day.
Thursday, April 24, 2014
Simple Strategies to Get Job Satisfaction
I see so many people wake up in the morning to go out and do the
job they are not really satisfied doing. But just because, they want
make end meet they must go out to do that very job they dislike. The
effect is that, you end up not being able to perform at your maximum
capacity. This is because of the fact that you are not satisfy with the
way you are working or the job you are doing.
Even study has shown that majority of people that goes to work tends to develop a high blood pressure on Monday morning. The meaning of this is that working without job satisfaction can make somebody not to live long.
Hence, if you find yourself in this corner, going trough and implementing this can help you start enjoying your job. which in turns give you a healthy life.
1. Be punctual
Coming late to work has a way of disorganizing you either you believe it or not. If you are able to make it very early to work or any appointment related to your business, you will be at ease. You will be able to arrange things in order before the real action commence. This will smoothing your workflow and you make you perform better than somebody that didn't come on time. Coming late for job can make your workflow to be very untidy and ultimately affect your output in big term.
2. Develop good relationship with your colleagues
You are not an highland, so don't expect that you are going to work all alone. Good relationship at work helps a lot in making your work go as it ought to be. Your mind will be relaxed and you will be able to focus on the necessary things par time.
But now imagine you not be in a good relationship with the next person who is probably going to approve your work before sending it further. The thought of that alone can even make you to have an heart attack.
3. Be smart and presentable
There is a sayings that, "you will be addressed the way you dress". Meaning, just as every other thing related to your job is important, it is equally important to come out on daily basis in a presentable manner.
Your dressing should portray that of somebody that really mean business. Customers will be more willing to do business with you when they see that you are looking like a real business person. They will be more confident that you know your game.
4. Set reasonable goals
By setting goals for yourself make you feel very good too. Guess somebody will ask me how? The fact that you set goals make you to have something you are working towards. Even of you now score fifty percent which is just half of the goal you set, you are likely going to feel better isn't it? Now imagine you being able to score hundred percent. You are definitely going to feel like a champion, and even love yourself more. Then when next you wake up to go to work, it will surely be with every enthusiasm.
5. Get involved with special things
You must not be comfortable with the normal routine, if you really want to be satisfy with your job. You have to be among the drivers of the new inventions at your place of work.
Know this, every human being get tired when it becomes as "usual" thing. That is the way we were configured. We all like new things, new ideas, new way of making thing work better.
If you are to enjoy your job, you really have to get involve in making sure that things are done in a different manner from that of last year.
You will be surprise at how easy life could be at working place if you follow these steps.
Even study has shown that majority of people that goes to work tends to develop a high blood pressure on Monday morning. The meaning of this is that working without job satisfaction can make somebody not to live long.
Hence, if you find yourself in this corner, going trough and implementing this can help you start enjoying your job. which in turns give you a healthy life.
1. Be punctual
Coming late to work has a way of disorganizing you either you believe it or not. If you are able to make it very early to work or any appointment related to your business, you will be at ease. You will be able to arrange things in order before the real action commence. This will smoothing your workflow and you make you perform better than somebody that didn't come on time. Coming late for job can make your workflow to be very untidy and ultimately affect your output in big term.
2. Develop good relationship with your colleagues
You are not an highland, so don't expect that you are going to work all alone. Good relationship at work helps a lot in making your work go as it ought to be. Your mind will be relaxed and you will be able to focus on the necessary things par time.
But now imagine you not be in a good relationship with the next person who is probably going to approve your work before sending it further. The thought of that alone can even make you to have an heart attack.
3. Be smart and presentable
There is a sayings that, "you will be addressed the way you dress". Meaning, just as every other thing related to your job is important, it is equally important to come out on daily basis in a presentable manner.
Your dressing should portray that of somebody that really mean business. Customers will be more willing to do business with you when they see that you are looking like a real business person. They will be more confident that you know your game.
4. Set reasonable goals
By setting goals for yourself make you feel very good too. Guess somebody will ask me how? The fact that you set goals make you to have something you are working towards. Even of you now score fifty percent which is just half of the goal you set, you are likely going to feel better isn't it? Now imagine you being able to score hundred percent. You are definitely going to feel like a champion, and even love yourself more. Then when next you wake up to go to work, it will surely be with every enthusiasm.
5. Get involved with special things
You must not be comfortable with the normal routine, if you really want to be satisfy with your job. You have to be among the drivers of the new inventions at your place of work.
Know this, every human being get tired when it becomes as "usual" thing. That is the way we were configured. We all like new things, new ideas, new way of making thing work better.
If you are to enjoy your job, you really have to get involve in making sure that things are done in a different manner from that of last year.
You will be surprise at how easy life could be at working place if you follow these steps.
Subscribe to:
Posts (Atom)