Wednesday, December 3, 2008

A Prosperous Home Based Business?

So what does it really take to have a prosperous home based business? I know some mistakes to avoid, that's for sure.
How about - You don’t have to know it all before starting. In other words, don’t spend every waking hour studying the product and compensation plan, or going over every scenario of what a prospect might say to you so that you can come up with the right answer. It’s o.k. to not know the answer all the time. The compensation plan will unfold later and happen for you. Just have a web site or recorded call in place to direct your prospects to.

Another thing to know when starting a prosperous home based business is that you don’t need perfection before implementing. What that means is believing that your web site needs to be perfect, or videos need to be flawless, or autoresponder e-mails have to be perfect and scripts needs to be perfect as well. Those who make money do this: Do their best and implement. Improve as they go. Massive implementation without fear of failure. Basically take action immediately.

Here's another one...Don’t worry about what others will think. If you are afraid that you look like you don’t know what you’re doing, it’s o.k. to say “Good question, I will get back with you on that. What other questions do you have?” and then call them back with the answers. Be confident in yourself and your product. What about your family and peers? Why do you care what they think? Worrying about what others think is really about fear of rejection.

Also - When starting a prosperous home based business, you have to realize that it is a real business and must be treated that way. Don’t have the attitude “try it and see if it works.” Put time into your business (10 hours minimum) every week. Don’t expect someone else to do it all for you, and then blame others for failure instead of taking responsibility to learn. Prioritize what tasks need to be done and make them happen.

Finally, which is a MUST HAVE, is Personal Development. What is personal development? “It’s the transforming of your mind, habits and behaviors that allows you to have tremendous success in all areas of your life.” You should practice personal development at least 20 minutes every day. Some ideas for personal development would be reading personal growth books, successful people stories, mindset, etc. Write out a detailed goal sheet – a plan for your life. Physically touch your future – test drive that car. And visualization – make a vision board and post the pictures of everything you want on that board.

Although there are many other tips and secrets to starting a prosperous home based business, these top five are key in making it a success.

If you would like to learn more about building your own home based business, visit my web site at www.WealthInMarketing.com.

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