Regardless of whether you work with a home business such as Empower Network, Global Domains International, Avon or any of the other main players in the industry, there is one simple mistake which prevents potentially great entrepreneurs from reaching success. Today we'll look at why working from home may not be for you.
Alongside the health and fitness industry, the home based business world is one of the very few areas not hit by the credit crunch the world has endured recently. That's because every month more and more people are trying their hand at working from home.
Sadly, it doesn't work out well for the overwhelming majority who get involved. In fact, while thousands of new people take a look into the possibility of working from home every single month, only around 3% actually go on to do it for real.
For most people it comes down to having a false expectation of what running an online business actually involves. If you buy into everything you read on the internet, it's easy to fool yourself that you are going to be able to establish an easy secondary income with minimal effort. Sadly, that situation occurs quite a lot in this industry.
Before you attempt to become your own boss you should look at three things:
1. Do you actually want to be self employed, or are you merely looking for a quick financial solution?
2. What is your current schedule like? Most people don't realize how much time is put into running a business.
3. Have you found an affiliate program which you genuinely love? Too many people are attracted by the big numbers on the earnings plan, but lack any interest in the actual service they'll be promoting.
There is a large crowd of individuals within the home business industry who are responsible for a big portion of the failure statistics we mentioned earlier. They spend their time jumping from business to business, hoping to strike it lucky by finding the next Google or Apple. The bad news for those individuals is that the home business industry preys on their nave nature and they often end up in an endless cycle of switching programs, never getting anywhere with any of them.
Look at question number one. This is a big concern in the MLM and affiliate marketing industry at the moment. So many people jump into online programs believing they have stumbled across a legitimate get rich quick scheme, only to discover that the reality doesn't play out to their false expectations. The industry doesn't help potential customers, of course, often billing itself as an easy solution to financial troubles.
Being self employed is a tough job and it takes a certain type of personality to be able to deal with the pressures which come along with it. Don't fool yourself into believing you are going to be sitting on a beach in Barbados while money rolls in through your computer, because you'll hold yourself back. In order to reach success, just like in the real world, you will have to be working on your business every single day.
Another issue is the time commitment. Again, the industry can sometimes be quite misleading when it comes to the level of dedication one must have in order to succeed. If you adopt the same type of work ethic required to run a business in the high street, then you are on the right track. On the other hand, if you are looking for something where you can merely log into your business for 5 minutes every day and expect to see a great financial return then you'll be sorely disappointed.
The answer to the final question will come down to your personality and individual taste. One of the common mistakes made by budding entrepreneurs is jumping into opportunities which hold great financial potential but very uninteresting products. As an affiliate you will be recommending the company to others based on both the earnings opportunity and the services it provides. If you are not interested in anything other than the income opportunity, your work will be somewhat lacking. If you speak to someone who is truly passionate about something, you will notice how much easier it is for them to be successful in that niche.
Successful people don't just run a business, they live and breathe it. So be sure to take some time to find a business which suits your individual interests. While every company from Empower Network to Avon will surely claim to be the one you are looking for, the real answer will depend upon your own individual taste. Being able to make money online from home is a blessing which this generation has over the ones which came before it, but unless you take the time to treat it seriously, it's a blessing most people don't experience. []
Alongside the health and fitness industry, the home based business world is one of the very few areas not hit by the credit crunch the world has endured recently. That's because every month more and more people are trying their hand at working from home.
Sadly, it doesn't work out well for the overwhelming majority who get involved. In fact, while thousands of new people take a look into the possibility of working from home every single month, only around 3% actually go on to do it for real.
For most people it comes down to having a false expectation of what running an online business actually involves. If you buy into everything you read on the internet, it's easy to fool yourself that you are going to be able to establish an easy secondary income with minimal effort. Sadly, that situation occurs quite a lot in this industry.
Before you attempt to become your own boss you should look at three things:
1. Do you actually want to be self employed, or are you merely looking for a quick financial solution?
2. What is your current schedule like? Most people don't realize how much time is put into running a business.
3. Have you found an affiliate program which you genuinely love? Too many people are attracted by the big numbers on the earnings plan, but lack any interest in the actual service they'll be promoting.
There is a large crowd of individuals within the home business industry who are responsible for a big portion of the failure statistics we mentioned earlier. They spend their time jumping from business to business, hoping to strike it lucky by finding the next Google or Apple. The bad news for those individuals is that the home business industry preys on their nave nature and they often end up in an endless cycle of switching programs, never getting anywhere with any of them.
Look at question number one. This is a big concern in the MLM and affiliate marketing industry at the moment. So many people jump into online programs believing they have stumbled across a legitimate get rich quick scheme, only to discover that the reality doesn't play out to their false expectations. The industry doesn't help potential customers, of course, often billing itself as an easy solution to financial troubles.
Being self employed is a tough job and it takes a certain type of personality to be able to deal with the pressures which come along with it. Don't fool yourself into believing you are going to be sitting on a beach in Barbados while money rolls in through your computer, because you'll hold yourself back. In order to reach success, just like in the real world, you will have to be working on your business every single day.
Another issue is the time commitment. Again, the industry can sometimes be quite misleading when it comes to the level of dedication one must have in order to succeed. If you adopt the same type of work ethic required to run a business in the high street, then you are on the right track. On the other hand, if you are looking for something where you can merely log into your business for 5 minutes every day and expect to see a great financial return then you'll be sorely disappointed.
The answer to the final question will come down to your personality and individual taste. One of the common mistakes made by budding entrepreneurs is jumping into opportunities which hold great financial potential but very uninteresting products. As an affiliate you will be recommending the company to others based on both the earnings opportunity and the services it provides. If you are not interested in anything other than the income opportunity, your work will be somewhat lacking. If you speak to someone who is truly passionate about something, you will notice how much easier it is for them to be successful in that niche.
Successful people don't just run a business, they live and breathe it. So be sure to take some time to find a business which suits your individual interests. While every company from Empower Network to Avon will surely claim to be the one you are looking for, the real answer will depend upon your own individual taste. Being able to make money online from home is a blessing which this generation has over the ones which came before it, but unless you take the time to treat it seriously, it's a blessing most people don't experience. [
Learn the very simple secret to success with an online business such as empower network in today\'s video.
About the Author:
Further Help: Russ Howe is a world leading empower network coach who built a large online income in his spare time. Learn how you can make money online with his new video on how this lucrative affiliate program works.
No comments:
Post a Comment