Building a Business Foundation

Perhaps you are new, or you are just getting started with your internet or retail or other business. There is no difference. It can be very scary. I know that I was scared when I started 7 years ago. It was March 2003. I was close to $200,000 in debt. Even my ex husband choose to leave me for another woman. It was scary But I drew strength from my belief in beginning with a solid foundation. The term foundation means your mindset and contact list. These are the only assets that you have to build a firm, solid foundation which able to let you to develop a building where the sky is really the limit.

There is so much to say about mindset which take years to talk about it and understand all that we should.

There is two quotes of mindset. ” Great Spirits have always encountered violent opposition from medicine minds” by Albert Einstein. ” A wise man is a master of his mind and a fool is a slave to it” by unknown author.When this two quotes added up it becomes if you resolved to succeed, you will. You must be focused. You have to put the blinders on. You have to steer clear of all the garbage advice that you get from the naysayers and the dream stealers.

We all get “NO” and “Dollar store guidance” from our relatives or friends, but those who can stay focused are the ones who succeed. Think of Columbus, everyone told him to sail off a cliff, or Colonel sanders who got 1009 “No” before he got financing. Those guys certainly had mindset and focus. They never let the dream stealers get in their way.

Your mindset sets your course which establishes your attitude, habits, work ethic and drive. It is the thing that makes your press for the closing sales for your business. Is your mind set on you treating this work like a hobby ( you know, kind of doing it here and there, sticking your tow in the water and seeing it works) or is your mind set on you making this be the last business that you will ever have to be build( you are going to reach your goals no matter what obstacles you face)

The other part of foundation is contact list. This will be congruent with your mindset. If you are going to treat this like a hobby, you will come up with a few names to add to your contact list. If this is going to be the last business you will ever build you are going to write down everyone you have ever known.

Are you clairvoyant? Do you really know what is going on in their lives? So do not be a fortune teller. Do not presume what is in their mind before you contact them about your business opportunity. By the way, if you have a strong mindset and you are going to treat this like a business, you will be willing to contact everyone you know. Every time you leave someone off your list or miss someone that you know, you potentially leaving millions of dollars behind. You also must do follow up with those that have done business with you.

MLM Success Secrets – How Good Is MLM As A Work At Home Based Business Opportunity?

Have you been thinking about working from home?

Are you looking for a way to just make some extra money… to help pay bills or buy something that you want?

… or do you want to earn a second income from your own part-time work at home business?

Whatever your reason, congratulations on your decision to take a chance and do something for yourself.

Work At Home Opportunities

Lately, it seems that MLM has become the new buzzword for making money from home.

MLM has been around for quite a while but only recently have people realized its full potential as a work at home business.

The addition of the internet as a marketing tool to many top MLM opportunities has definitely made it much easier to promote the business from home.

You have probably seen a large number of websites promoting MLM opportunities as work-at-home businesses, and may have asked yourself the question…

How Good Is MLM As A Work-At-Home Business Opportunity?

Looking at various websites, blogs, and forums, you will see many work at home companies presenting MLM as a great opportunity that anyone can do from home.

Some even talk about how MLM can help you make a fortune and chuck your regular job.

With all this sales hype, it makes sense that people would have questions about using MLM as a business.

“How good is MLM as a work-at-home business opportunity?

“Is MLM really better than my existing job?”

These are questions that definitely need to be answered.

If you are thinking about using a MLM opportunity to make money at home, the first thing you need to know is whether it will work for you.

For many people, the answer depends on how much time and money they have available for their work at home business.

The biggest draw of many MLM opportunities is how they are promoted as a low-investment or free service.

But, as with any type of business, there are always going to be expenses.

You will have start up costs for your initial registration, welcome kit, product samples, instruction manuals, and other business materials.

There will also be monthly expenses required to promote the MLM opportunity.

If you are serious about making money from home, you need to treat your work at home business as a business.

Work At Home Business Success

Another main factor you need to focus on is the kind of profits that you can earn.

With most MLM opportunities, your income depends on the size of your organization. Obviously, the more people you bring in, the higher your sales and income will be.

The key here is patience.

In the beginning, getting your work at home business up and running is going to seem like an uphill task. You have to “stay with the program” and continue promoting the product and sponsoring new people in to your MLM network.

It’s not possible to tell you what you are going to make. MLM companies are required to have income disclosures reminding you that your income depends on what YOU actually do.

However, do what you are shown to do and there is the possibility that you can join the others who have earned millions of dollars working from home.

Once again, just how lucrative MLM will be as a work-at-home business opportunity boils down to how much effort you are willing to put into it.

Remember that making money from home is not a get-rich-quick scheme.

You have to commit to putting in the time it will take to be successful. If you can’t, then no type of work at home based business opportunity is going to work for you.

Home Business Opportunities – Four Home Based Business Opportunities To Choose From

Home business opportunities are virtually everywhere you look online. And the promoters of each home based business opportunity often claim that the opportunity they promote is the best business opportunity to join. This often makes it difficult for newbies to make the right choice, the choice that best suit their situation. This article takes a look at the four broad categories of home business opportunities so you can identify the option that suit your circumstances and therefore make informed choice.

The four broad categories of home based business opportunities are:

1. Opportunities that involve building an information rich web site from scratch and thereafter monetizing the resulting traffic

2. Opportunities that involve joining affiliate programs that offer unique affiliate links for promoting the affiliate product or service

3. Opportunities that involve joining a network marketing home based business opportunity that offer free distributor web site to members and

4. Opportunities that involve getting paid a fixed amount for completing a set of tasks online

Let’s take a closer look at each option above.

The first online business opportunity involves building your dream online business from scratch.

The right process requires you to do the following:

  • identify your passion
  • brainstorm topics that fall within your passion or interest using appropriate brainstorming software
  • identify a profitable niche that matches your passion or interest
  • Assemble low competition keywords that define your niche
  • Draw up a site blueprint
  • Design your web site
  • Write content for your web site using the low competition keywords brainstormed earlier
  • Promote your web site massively online
  • Add income generating streams to your web site
  • Cash your money month after month

If you conclude that the above process is tedious and time consuming, you’re probably right.

But why?

It’s because it’s business… it’s online business. And online business takes time, effort, and creativity just like offline does.

The second home business opportunity mentioned above is affiliate program marketing. With this type of online business, you join the affiliate program of your choice and promote the affiliate links you’re given using a blend of online marketing techniques. Some online marketing techniques will produce more results than others. So, you need to track your sales promotion efforts or campaigns to determine what works and what doesn’t for the specific affiliate program you promote. Then drop campaigns that don’t work and do more of what works.

The third category of home based business opportunities are MLM home business opportunities that offer members free distributor web sites to promote the MLM business opportunity. As with the affiliate program model, members of this type of MLM business opportunity promote their member web site url and register new team members using the tools on the member site they were given.

The fourth online business opportunity involves completing a set of tasks in expectation of being paid a pre-determined amount.

This kind of opportunities include:

  • paid to write
  • paid to attend to customers (online customer service jobs)

… and other such online job opportunities.

WARNING: Verify that the internet job opportunity you’re interested in is legitimate before you join!

Each of the home business opportunities described above have their pros and cons.

Option 1 above requires you to do a lot of work without immediate reward. With this type of online business, you’re basically writing an online book or journal. And you don’t get paid for writing a book until it’s finished and it starts selling, right?

In simple words, this option is a long-term business where you build traffic or your own customer base through content writing and marketing. This is a tedious but rewarding way to build a long-term business. With this type of home based business you own your traffic or customer base. And when you own your traffic, you own your business.

Option 2 is affiliate program marketing. This system involves selling a product or service by finding a market for it. Depending on where you advertise or promote the affiliate programs, you can begin to make money right away.

Here’s one thing to remember though.

Not everyone makes money from promoting affiliate program products despite spending a lot of money in advertising.

Why?

It’s because affiliate program marketing success requires a set of skills. To succeed, you need to learn the skill-set that guarantees success. Option 3 is much like option 2. You get paid for promoting a network marketing opportunity.

However, unlike most affiliate program opportunities that are free to join, virtually every network marketing home based business opportunity require members to join with a registration fee. Besides the registration fee, members must buy at least one pack of the MLM product they promote every month to stay active and qualify to earn commissions (at least in most programs). This means there is a maintenance cost for most MLM business opportunities.

Option 4 is the most direct form of online business. You get paid to complete a set of assignments. The problem with this is that it’s like having a day job… when you stop working, you stop earning. Whereas with the other kinds of home business opportunities discussed above, you can build your business to a point where what you earn far outweigh the efforts you put in. And you can put your business on auto pilot.

What home business option is right for you right now?

It depends on your current circumstances. In my candid opinion, the overall best option is one that allows you to build a long-term business and put your business on auto pilot down the road.

I’m talking passive income!

Bottom line.

It’s your life. Choose how you want to live it.

Choose the opportunity that works for you.

Business Foundations – Setting Strong Foundations for More Business

Before you start making those calls and seeing more clients, you must be fully prepared to get the business. Although you may be eager to close more sales, there are several things to take care of before you’re on your way to achieving your sales goals.

Imagine building your dream house. The first thing you would do is pour cement into the ground to create a solid foundation on which to rest the house. Once the foundation is in place, you’ll be ready to build a dream house that will last forever. It’s the same with growing your sales and building your client list. When you have a strong foundation in place, you’re powerfully prepared and confident to call on prospects, and go after new business.

The foundation to bringing in more sales is made up of the following 4 key qualities:

  1. Acting from Integrity
  2. Taking Responsibility
  3. Keeping Promises
  4. Creating a Plan

Successful people embody these 4 qualities consistently in their lives. Let’s take a look at each of these qualities and how it works.

  1. Acting from Integrity. When you’re a person of integrity, you value and honor the word you give to do something. You are someone who is being accountable, trustworthy and honest. If you say you’re going to deliver your product by a certain date, you deliver it by that date. If you say you’re going to make 30 calls a day, you make those calls each day. You never step over anything with anyone including yourself. When you live your life from integrity, you experience freedom and power that impacts all areas of your life. Success begins with integrity.
  2. Taking Responsibility. When you take responsibility for your actions, you give up any reasons or justifications not to do something. As Brian Tracey, well-known author and speaker says, “The mark of excellent people is that they refuse to make excuses, blame others, or complain about their situations. Instead, they say, over and over, I am responsible!” When you’re being responsible, you know you’re the one to get the job done and expect no one to do it but yourself.
  3. Keeping Promises. When you make a promise, you are stating your commitment to the result. Your word becomes action. Your promise supports your commitment rather than your mood. It engages you as a player in life, and you cease to be a spectator watching from the stands. When you give your promise to another person, you are holding yourself accountable to that person. It’s now out in the world and becomes more real for you. This is true for all aspects of your life. You will see your sales increase when you keep your promises.
  4. Creating a Plan. When you create a sales plan, you are designing the steps that will lead to achieving your goals and keeping your promises. With a clear and specific plan in place, you have a road map to follow that will get you where you want to go with an end in sight. A well thought-out plan helps you to be organized, focused, and on track to reach your sales goals.

I invite you to start putting these qualities into your day-to-day business and see the results that will follow. You will be surprised at how much success you will achieve.

ASSIGNMENT

Your assignment this week is to answer the following questions and fill in the blanks:

  • Acting from Integrity. What did you say you would do this week to grow your business? Was it making sales calls? Was it getting out there and networking? Are you doing what you said you would do?
  • Taking Responsibility. Are you taking responsibility for doing what it takes to increase your sales and close more business, or do you make excuses or blame others?
  • Keeping Promises. What promises are you going to make today to call more prospects, meet with more clients, and close more sales? Think of 3 promises you are willing to make this week to sell your services, and write them down.
  • Creating a Plan. What 3 steps can you outline that will help you achieve your sales goals? Write down: “I will do the following action steps that will help me grow my business. They are (you fill in the blank).”

By implementing these 4 key qualities in your life and your work, your foundation is firmly in place and you’re clearly on track for producing breakthrough sales results!

Have a great Sales Breakthrough week!

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