Unfortunately, Network Marketing companies come and go, or, you are someone that comes and goes, bouncing from one company to the next. Although a company seems solid, with a good product and great compensation, there’s no guarantee that it will be around forever.
My BIGGEST mistake as a home business owner, was putting all of my eggs into one basket. I put so much trust in the concept/product/owners of the company I was part of that I didn’t have a back-up plan. Now, if it’s all solid, there are no worries. But, if things go a different direction, if the company crashes, if the products lose their value or if any other variable happens that effects the company, it also directly effects your income. Instead of putting so much into the company, put that focus on the goal.
So imagine that 6 figure income you had managed to create while working your home business, suddenly gone, or significantly reduced. Now, if it was your doing, that’s one thing. But if was a direct correlation to something that happened in the company, that’s an entire different story! Without pointing fingers or taking a victims mentality, how does one recover from something like that?
Here’s how I recovered……I relied on the online presence I had. With the amount of content I have all over the net, the presence in social networking sites and the organic rankings on all major search engines, I had choices. With consistent, FREE traffic coming to my website, this site, a crash of a company wasn’t a complete disaster. All that did was gave me options.
I could…….
- Join another business opportunity or….
- Do something else with the traffic I was getting.
I could develop my own products and promote them on my site. I could completely monetize my website with sponsored listing from ad networks such as Adsense. I could continue to capture leads and sell them. I could promote affiliate products on my site. The list could go on and on.
So if you find yourself in a home based business, and you are purchasing leads, spending high dollar on CPC ads or don’t have a web presence, you may want to rethink your strategy. Set yourself up to win regardless of the opportunity.
One thing I teach people about marketing is to use three or four different sources of lead generation. If one or two drop out, you have the other two to rely on until they can be replaced. Without spreading yourself too thin, the same thing applies for your sources of income.
I believe in the Cortez concept of burning your boats, but I also believe in having a back up plan. Expect the best but prepare for the worst and you’ll never find yourself in a hard spot, without options.
Stay tuned for my SECOND BIGGEST MISTAKE in the next post!

Yes, if you are currently in a
During college did you ever think about being a walk-on in your favorite sport? Now, of course I’m speaking about the ones that didn’t have that full ride scholarship and a reserved spot on the team. However, this pertains to everyone, scholarship or not. So how about it? Did you? Did you actually try out for the team or did you just think about doing it? If you did try out, did you make the team? Did you give it your best?
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.
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