Yes, if you are currently in a home based business, you are a business owner. You own and operate your own successful or unsuccessful business right out of your home office. For some, that home office can be where ever their feet take them, just as long as they have their phone. For others, it’s right at home in their office.
So what do business owners do? Well, they do business, and doing business means that they make money! Now, in a home business, it is just as easy to make money as it is to “not” make money. It takes the same amount of effort to succeed as it does to fail. The difference between success and failure is smaller than you think. Very small actions taken during the day, every single day, will move you closer to or farther from success.
Here are ten mistakes home business owners make that will obviously move them closer to failure:
- They give themselves a back door, a quit date, an ultimatum or an excuse.
- They treat it like a hobby instead of a business. When I think of a successful business owner, I think of someone who is his business. He is always thinking and looking for ways to increase his business. When I think of someone with a hobby, they tend to get to it when they have a little extra time. I can tell you this much, unless your home business is a priority, it will fail and produce “hobby” income.
- They play small. They place a little tiny ad, they market a little bit, they call a few people, they don’t think big enough. Their decisions are most likely being driven by fear, instead of ambition.
- Half invest themselves. In most network marketing opportunities, there are income levels. If you are not playing at the highest level you can, you are playing small. You can’t catch the BIG fish by fishing in the two foot wide aquarium.
- Don’t use the products. This is huge! I know in my business, I suggest to everyone I choose to mentor, to purchase the products. Purchase whatever products you would like to be paid for. Know your product! A Nike shoe salesman better have owned and used a pair of the shoes he is selling. Otherwise, he is going to look a little foolish when someone asks about the product.
- Inconsistency. It takes more than a few drops in a storm to soak a driveway. Instead of working their business, doing income producing activities every single day, they choose to skip it here or there. Skip your business, skip your goals!
- Play the blame game. It’s their mentors fault, the companies fault, the compensation plans fault or their teams fault that they haven’t had the success they came here for. Personal responsibility is a myth.
- Don’t follow the system. This is called “re-inventing the wheel.” In other words, thinking that their way is better. The system is in place because it works. Why re-invent something that isn’t broken.
- They are dishonest. You have all heard of the term, “fake it til you make it.” In my eyes, that’s a lie. Standing in front of that Mercedes and that huge home, all of which belongs to someone else, is dishonest. If it’s not yours, don’t claim that it is.
- Failure to mastermind. There is no other industry in the world that operates like Network Marketing. You don’t see McDonalds willing to share their marketing techniques with Burger King. Home business owners, yes that’s you, are willing to share with others the things they are doing to create success. Believe it or not, this part of the system.
Do you see? It takes just as much effort to not do things as it does to do things. Yes, you may miss a few of your favorite TV shows on your trip to success, but what would you rather have….an evening with House or an American Idol or a successful home business? One provides you with time freedom, financial freedom and a lifestyle of your design. The other is just a pastime.
Don’t fall short of the goal by making these simple, yet devastating mistakes. You are a business owner. Act like one!
Throughout the history of the world there have been visionaries that existed, people who have been able to see beyond the knowledge of the rest of the masses. These visionaries have propelled humanity to new heights in science, technology, medicine, sports and every other industry out there. The list would go on and on. These visionaries accomplished things, knew things and discovered things that everyone else thought to be impossible, non-existent or fiction. They moved forward with their vision despite the opposition and belief of others and succeeded. And believe me when I say this, every single icon in history had to overcome intense opposition. Most people thought of their vision as foolish, crazy or risky.
For those of you who have children, how many of their events at school have you missed out on this year due to your job or your timely business? Now it doesn’t matter how big or how small these school events are. So whether you go just to see them sing a few songs, eat a popsicle or walk across the stage for a graduation, all are equally important to your child. If your child brings home a paper with something happening at school, most likely, parents are invited and you should go!
A man was walking down a street. It was a very nice street with all kinds of shops, restaurants and people. It was the most prosperous street in town and this certain man was having a fantastic time. He was headed to a restaurant he had heard about and lunch time was approaching. Well, before eating the best meal he would ever have, he looked at a wall down an alley, and read something someone wrote. It said, “This is the worst street in the world. Don’t eat the food, it’s the worst food you will ever have and it costs way too much!” Well, naturally, the guy decided not to eat at the restaurant, which is also the choice that most people would make. Only very few actually go into the restaurant after reading the writing on the wall. These very few are the people that enjoy the best food and will continue to return to the restaurant regardless of what someone else says, because they know first hand and create their own opinions. It turns out, the guy who wrote that comment on the wall, which is graffiti, lives just below it in a cardboard box.
From time to time I will get the question, “Is this a get rich quick scheme?” I think it is hilarious when I do because most people probably can’t even define what a “Get rich quick scheme” really is. I assume it is something that promises you that you’ll get rich with little or no risk or effort. I would think this would be something a little more like gambling or pyramids, something you can just throw a little bit of cash at in hopes to get a ton back.
Everyone starts a home based business for their own reasons. For some it’s for the nice home, the fancy cars, the gadgets and the nice clothes. For others it’s for the time freedom. Some people may just want to start a home business to do something different than what they are currently doing or just to get away from their job. Every single individual has their own reason. This reason, is unique, and powerful and is the fuel behind their success. It is the reason they will either fail or succeed. If their desire to obtain this “reason” is strong enough, they will succeed.