Are You an Entrepreneur?
Are you absolutely serious about building a business? How motivated are you?
Why?
How serious are you to working efficiently, economically and effectively for greater financial security?
Do you believe you are going to meet your goals, that you are going to make it in this venture? Your clients and prospective business partners will sense this as well. People follow others who have conviction and faith. Step up and maximize your moments.
There are businesses that take large capital start-up and others that require little to set up shop. You may be, or seek to be, the owner of a large corporation. You may want to buy into a Tim Horton’s or a Wendy’s franchise. You may choose a home-based business which is franchise-like giving you the benefit of working with a team of people who have a streamlined system of promoting a service or product (typically called duplication) which allows your unique fingerprint as you build your business.
Self-motivation is a must for running a business. The desire to help others while developing a residual income while working from home is appealing to more and more people by the hour. It is a level playing field where your education, gender, origins, culture, race do not interfere with the performance based bonuses and compensation plans.
What goals do you have for family, occupation and recreation? Your personal goals will help you stay the course as you develop your skill level which will assist you in building your business and assist you throughout life. Some goals mandate that you work from home. All things are possible if you believe and nourish the dream with productive steps. Don’t waste your time and money if you just want to work for someone else and don’t want to put in the up-front effort required. There is a job out there for you — somewhere.
Get Real!
A home-based business is no joking matter so you need to become very honest with yourself:
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What would you give to have a residual income?
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Have you been in business opportunities before? List what you liked and disliked about it.
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Are you currently working from home? What do you like-dislike about it?
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Otherwise, what do you do for a living?
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What have you done in the past?
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What skills have you developed in those positions which you could you bring forward into your home-based business?
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What other abilities and assets do you have which you can maximize in a business?
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Are you thinking of replacing your current income or just supplementing it?
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Are you married?
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Do you have children?
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What level of income are you accustomed to?
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What level of income are you looking to generate in the next twelve months?
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Do you have some capital set aside to start your business?
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How serious are you about securing a future income?
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Do you like to help people? Do you want to get paid for the privilege?
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How serious are you about securing a future income?
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Does this describe you: trustworthy, self-disciplined, self-motivated, people skills, initiative, prepared to work with a support team?
Your future is important and providing a good working relationship is essential for your future personal and financial success. So, how serious are you about starting a home business?
Information such as generated from the above questions help you, and those you communicate with, to determine whether you are what they are looking for and they are what you are looking for.
Now, if you are familiar with network-marketing-speak, you will have found a number of these phrases familiar. Although I believe the industry should be heavily regulated (dealing with the profiting off the scores of desperate and poor network marketers, for one), they have significant insights.
Be respectful and mindful of the other person’s needs and strengths. Repeat customers are always golden, building on mutual business friendly friendship, referrals, and care that will last well into the future.
Above all, don’t be desperate–people can smell it a mile off. Not everyone who crosses your path is a “prospect,” so don’t pounce on others like a predatory animal. Find ways of having your basic needs met that do not rely on the good will of others to buy your product or service.
Janet A
January 23, 2008 at 9:42 am
I was in a business but it was a failure in my standards. Low turnover. Much efforts. Now I’m getting out and looking for a day time job! My business was not easy, and in fact business is never easy! If I had to choose again, I would think twice and keep the daytime job while venturing into something serious, something that seems to be easy on the surface but is not. But what you said is the basics. When you get into REAL cruel business world, you will find it’s not that easy! Talking about dreams is easy. Talking about how much we want to make in a given time is easy, makes us excited and makes us impatient to get started. That excitement will soon die out … in 3 seconds! Very fast.
Everyone wants to be his/her own boss; wants to be rich, but they don’t want to be rich slow but quick. Everybody wants financial security. … etc. Of course, everybody!
Who doesn’t want it? The thing is … only the soldiers at the battlefield know what a war is really like! The president of whoever does not. Swimming in an ocean is not the same thing as swimming in the pool. There are many turbulences in the ocean, in real business.
Indeed, opportunities abound nowadays, but not every opportunity is worth taking. Know thyself. Know your strengths and weaknesses. Reward does not necessarily come in direct proportion with effort. Sometimes, costs can outweigh the benefits. Risk management is important. What is risk management? Well, do a google search.
Be careful when you decide to get into any business. Think triple before you act. My advice is… do not quit your daytime job unless you’re the son of a billionaire! You’re only becoming an entrepreneur.
What is an entrepreneur? Do a google search. An entrepreneur is one who assumes the financial risk of starting and operating a business venture. Can you take the risk? Can you take the risk of losing everything if things turn bad? Think triple before you venture!
Good luck to everyone. May everyone prosper!
Remember this: No Pains, No Gains. Be triple ready for pains first, rather than the gains!
January 23, 2008 at 10:04 am
Get real with yourself. Wake up to reality, not your dream! Weigh your dream vs reality. How far are they apart? Work slowly to shorten the distance, ON SOLID ROCK, NOT ON SAND. Be honest to yourself. Ask yourself: Are you psychologically, mentally, financially, and healthily for a roller coaster venture?
Why healthily? Because you will work much harder than anyone else (employees) for what you want! If you don’t have good health, your business will not survive long because you’re your own boss. You need to be in control of your business.
Why financially? If not, how can you backup yourself when business is not good. Plus you need to make initial setup investment. Even if your so-called business does not need much initial cash investment, still you need some cash backup to prepare for the worst yet to come.
Why mentally? Psychologically? You know why as you must be smart enough to know know. This is the basic requirement for getting into business. If not, think triple before you venture! Maybe you’d be better off hanging on to a daytime job! Life is short and it’ll soon pass away. Why stress yourself? Why drain your happy time with your wife, your family, your dogs, … etc when something is not that 100% sure.
I was a failure example. Learn from my experience. 🙂
Cheers!
January 25, 2008 at 3:23 am
Sounds like you have some real life lessons. Thanks for fleshing out the theme of this blog. Janet A.
January 25, 2008 at 6:06 am
You’re welcome to learn more about me here http://lifelifelife.wordpress.com
Cheers!