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Ten Simple Tips For Starting A Home Business!

One hundred thousand millionaires have been created through Network Marketing in the last 6 years. What a statistic!

Many of us hope to be able to work from home and spend more time with our families. With the high price of gas who wants to drive to work everyday? Starting your own home business may not be hard, but making it a success is not easy. These tips were put together from experience. One way to help build your business is to find someone who is successful and then do what they do! This will save you not only money but a lot of wasted time.

Below are ten tips that will help you get your business started.

Tip #1. This is the most important tip for your business. Treat your business like a business. Don’t think of it as a hobby or something you work on when you have time! Take it seriously since the income you may earn can be very serious. The impact to your family can also be serious. You could become debt free, even pay off your mortgage! By treating your business like a business you can provide for your families needs, but you must be passionate about your business.

Tip #2. You must stay focused. Choose a business and then stay with it! Moving from one opportunity to another, back and forth always trying to find that magical program that will pay overnight. It’s not going to happen. You must stay in one place long enough to allow your business to grow. Even your sponsor may be jumping all over the place. A lot of network marketers go from company to company looking for quick success, but it never happens and they just waste more time and money. Avoid spending hundreds, even thousands starting a business and never doing anything with it. Keep focused! Successful network marketers stay with one company. Do what they do!

Tip #3. Invest in your business. Invest your time, invest your money. Keep doing it! Your home business is just like any other business, but the difference is that the rewards can be much greater than any other traditional business you could do. You must promote your business to succeed. There are many ways to do this but you must commit to continually investing in your business.

Tip #4. There is always a way, but you must make it happen. Everyone’s situation is different, but you can do it! There is always a way. If what you are currently doing is not working, than stop doing it. Find another way, keep at it and once something starts working than keep doing it. If you don’t have the money to build your home business then you need to make some changes to acquire what you need. If you really want to be financially independent, you may need to do some work to get it. You can always find some way to make it happen.

Tip #5. Keep busy. If you want things to get better, than you need to learn and improve what you are doing. If you want change than you need to change. Imitate someone that is successful. Just keep believing in yourself, and success will happen!

Tip #6. Don’t make the mistake of depending on your upline for your success. It is your business and you are responsible for its success. If you get help from your upline, great! Take advantage of it, but you need to commit to working on yourself, getting better and better. Attend all your companies training calls and learn everything you can about online marketing and building your business.

Tip #7. Be a Leader! Keep moving up in your company; know everything there is about your company; its compensation plan and how to market it online. Listen to all the conference and training calls. Remember that a leader listens and learns, so the more you learn the more you earn. Commit to being a Leader!

Tip #8. Take massive action. Make a commitment to promote your website and get as many visitors as possible in the first few weeks in business. Massive action equals massive success. Do this by leveraging the power of the Internet.

Tip #9. Work with your upline, they want you to succeed. If your upline has built a successful online business then find out how they did it and duplicate it! If you spend time with successful people then you will become successful, but if you hang out with people that are negative and not successful, guess what? You may end up that way also. Make a commitment today to only associate with positive, successful people and watch the impact this will have on your business.

Tip #10. Discover what works and keep doing it over and over. Four simple steps are: drive traffic to your website, follow up with those visitors, introduce those visitors and new members to your business and o your upline. Last, make sure that your new members are duplicating what is working for you!

Follow these tips and make a commitment to yourself and to your business that you will learn what is needed to succeed. You will work a system that you know works and is duplicatable, and most of all you will not quit!

Copyright 2008

Think Like a CEO – Invest Yourself

No. That’s not a typo. It truly is just two words. However, they are two words critical to your business success so let me repeat them.

Invest yourself.

I’m talking 100% commitment. Step away from the escape hatch. Close the back door. Stop waffling and commit!

If you’ve been thinking like an employee in your business up to now it would have sounded something like this, “If this doesn’t work out I can always… “

When you commit to stepping into the CEO role you become 100% responsible for your success. You can’t take that on with just an 80% commitment.

It’s an all or nothing proposition. And that scares the bejabbers out of some folks because it means no more excuses.

We all have them. Stories about the economy or the customers or our brother-in-law. All your reasons why things just aren’t working out for you. But until you recognize these tales you repeat over and over for what they are, they will hold you back from your full potential.

It helps to have an objective third party such as a business coach to ask the tough question “What’s really true here?”

Taking on 100% commitment means you commit to doing whatever it takes. And that begins with letting go of the excuses and indecisiveness that hampers so many small business owners these days.

You can achieve the most amazing things when you refuse to give yourself any other choice. We all have more capacity than we give ourselves credit for, including you.

So stop being wish-washy about your business. Stop waiting to decide. Commit. Not deciding is still a decision and it’s almost always the wrong one.

Invest your brain, your heart and your energy into making it work. After all, did you start your business hoping it would fail?

Learn to think and act like a CEO. Most of us were raised and educated to be good employees. Nothing wrong with that unless you want to build a successful business. Entrepreneurship is different than employment and requires a unique attitude and applying old skills in a new way – or brand new skills.

The good news is you can learn to be the CEO. You control the attitude. As for skills, if you don’t know how to do something, get someone to teach you or hire someone who is an expert and let them do it.

Excuses will finish off your business, usually inside of three years. Check the stats on that if you don’t believe me. 90% of small businesses close their doors inside of the first three years for just one overall reason. Someone gave up.

Bring all of yourself to the party. It will be the best investment you’ll ever make because the dividends are economic freedom, a sense of purpose and control of your own life.

No escape hatch needed.

The Top 2 Reasons You Should Invest in Residential Real Estate

What is the number one reason you should invest in residential real estate? Since the colonization of North America, no other economic asset has produced as much wealth as real estate. And, no other asset has produced as many millionaires as real estate. Ask the likes of Leona Helmsley, the Springs Clan, George Washington, John Jacob Astor, Sam Zell, and others (a number of which are billionaires). They all made their millions in real estate and most had all or at least a large part of their wealth in real estate.

Besides reliability and consistency producing more wealth than any other asset. You should be considering residential real estate for a lot of other good reasons. First, what other asset provides an education in how to care for it in the general every day activities that we all cope with. Paying the gas bill, or electric bill, or water bill are part of having a home and are part of owning residential real estate. Maintenance issues like roof replacement, rotten wood repair, fixing the plumbing, unstopping the toilet, repairing broken locks, and so much more are simply part of every day life and… part of managing residential property. While you may never have leased a home or an apartment to a consumer, the odds are very high that you have completed this exercise yourself and are familiar with the questions asked, the background and credit checks completed, your liabilities if you failed to pay and what the process would be should they have to evict you. You probably already know when rent checks are due, when they are late, and what will occur if not paid on time. You have an idea how to report a maintenance request even if you don’t know what to do with it when you receive it. In fact, you’ve spent a good part of your life to date learning the ins and outs of residential real estate operations and management. Additionally, as an American, you likely already know some or even many of the programs available to you to purchase a home and you have some sense of the loan process you will need to complete for the purchase. What other business can you think of that without additional professional training that you would know so much about?

Because of these two points, no one has created as much wealth as in housing and there is no business you know so much about, you should very seriously consider making residential investing part of your asset portfolio.