What Does It Take To Be a Successful Home Based Business Owner?



Read More: Discipline  |  Personal Development

IT TAKES COMMITMENT

Before you actually get your home based business up and running, the first thing to take a serious look at is your commitment to yourself and to becoming a successful home based business owner. The following definition, in part, is found in Wikipedeia; "Personal commitment, interaction dominated by obligations. These obligations may be mutual, or self-imposed,..." and "...a personal commitment, which is often a pledge or promise to ones' self..."  Every business requires commitment on the part of the owner regardless of whether you're business is located in an office building or at home, whether it's part time or full time. I think it takes greater discipline and commitment when you're running a home based business because it's really easy to say "I'll do it tomorrow" or "too many distractions today" or "no one is going to know whether I'm working or not" (except that you will!).

IT TAKES A SUCCESS MIND-SET

If you really want to be a success at home you've got to make that commitment and sometimes, that's not any easy thing to do or to stick to with a home based business. You need to develop a success-mindset; it's the source of your personal power. That power comes from knowing yourself and believing in yourself. It arises from the confidence and assurance that regardless of the difficulties involved in starting your own business, you know it's the right thing to do and it will work.  Knowing yourself, believing in yourself, confidence, assurance, personal power are the qualities you need to make the commitment to become a successful home based business owner. If you don't think you have these qualities, if you're fearful about making a commitment to be in it for the long haul, don't even bother starting. You'll be setting yourself up for failure. I'll say it another way - if you're just going to "try" working a home based business but can't or won't commit to making it successful, your setting yourself up for failure.

"The key to success is to focus our conscious mind on things we desire not things we fear." ~ Brian Tracy

IT TAKES VISION

What's your reason for wanting to start a home based business? What do you want to accomplish? What are your goals and objectives? Can you see your goals from beginning to end? Answer these questions and you've got "a vision". Without vision, you have no idea of why you're starting a home based business and where you want to take it. Every entrepreneur I've ever read about, met and spoken to always has a vision. Their vision is what gets their "juices" flowing, gets them to start thinking "outside the box". Vision is the "fire in your belly" that makes you want to be a successful home based business owner.

"All successful people men and women are big dreamers. They imagine what their future could be, ideal in every respect, and then they work every day toward their distant vision, that goal or purpose." ~ Brian Tracy

IT TAKES DRIVE

There seems to be a common thread running through every entrepreneur; they're driven. It's a single-mindedness, a focus to do whatever it takes to bring their vision into reality. Frequently, these folks are type-A personalities but you don't have to be. Remember the story about the tortoise and the hare? Well, if you're more like a tortoise than a hare, that's okay too because "slow and steady wins the race". Keep your vision in focus and keep your drive steady. You may get there a day later than Mr. or Ms. Type A but you'll get there. And you may have plenty of drive in reserve for a real long haul whereas Type A may need to plug in for a battery re-charge if they run out of steam.

IT TAKES BEING A RISK-TAKER

Every day, we take risks. When we get into our car, when we cross the street, when we board a plane or a train, we're taking risks. So it is with starting a home based business. If you want to be a success from home, you have to take a risk and that is, either you quit your job and start your business full time or keep your job and invest in starting your business part time. Either way, it's a risk. But as the saying goes, "no guts, no glory". Now there is something known as a "calculated risk". That's when you've done all your research, checked out statistics on the particular home based business you want to start, spoken to others who have achieved success from home. You now have all the information you need to take a "calculated risk". On the other hand, without research and information gathering, you're not taking a risk, you're "gambling" and I don't recommend that at all. One final note on risk. If the thought of taking a risk gives you butterflies and you're too timid to be a risk-taker, don't quit your day job. Keep your paycheck, take your annual vacations, enjoy your family and your life. Starting a business is not for the faint of heart; you'll be very stressed and working from fear. Again, a recipe for failure.

"Do not be too timid and squeamish about your actions. All life is an experiment. The more experiments you make the better. What if they are a little course, and you may get your coat soiled or torn? What if you do fail, and get fairly rolled in the dirt once or twice. Up again, you shall never be so afraid of a tumble." ~Ralph Waldo Emerson

IT TAKES STAYING THE COURSE

"Something in human nature causes us to start slacking off at our moment of greatest accomplishment. As you become successful, you will need a great deal of self-discipline not to lose your sense of balance, humility, and commitment." ~Ross Perot

Being consistent in all your business related activities is how you achieve success. It's staying the course for the long haul because after all, you won't be a success from home overnight. And I recommend that you don't even think about being an overnight success; that candle usually burns out really fast. You want to look for long-term success from home because that's what's sustainable and it's what's going to replace your paycheck and support you. There are of course, other traits that are found in successful entrepreneurs. And too, "success" means different things to different people. Understand what it means to you, be clear about your vision, your goals and your commitment and you will be a successful home based business owner.

"The man who has done his level best, and who is conscious that he has done his best, is a success, even though the world may write him down as a failure." ~B.C. Forbes

www.ritasickles.com

www.sendoutcards/com/47631 <---go here for a free gift account

Login or register to post comments  |  Views Views: 278  |  Comments Comments: 5  

About the Author: Rita Sickles

Member Since: 12/09/2008

Industry: No Industry Selected

Primary Web Site: http://www.ritasickles.com

Comments



Success

I belive you need a company that looks out for the person and does not put all the favor of success into the company. You need a company that will pay the partime person well and the full time person person better becasue 95% of the people you talk will be at best part time in the bussiness. and if they can see some money coming in at that level they will continue to do more. Just my thoughts on the matter.

Cynthia and Jam... — Sun, 01/11/2009 - 12:16pm

Success

Hi Cynthia & Jam,
I'm not sure I understand how your comment relates to my article. Perhaps I'm not reading it correctly. Although company & money are certainly important considerations and should be researched thoroughly, I don't think "success" is dependent on those two factors. Being successful in business, whether you're full-time or part-time, is an attitude & a mind-set of the individual, not the company. It certainly helps if the company you're affiliated with has the success of their reps/distributors high on their priority list along with a good compensation plan. However, that in and of itself, doesn't guarantee that the person joining that company & starting their own home based business will be successful. If I misunderstood your post I apologize but thanks for the comment. I appreciate your thoughts.

Rita Sickles — Sun, 01/11/2009 - 1:54pm

Rita

An excellent article.  I think you've touched in and explained very well what the foundation everyone needs to start with in the adventure of network marketing.

I appreciate your approach to business.  Success is in your hands and you need the foundation that is going to allow you to build solid and well.

Thank you very much for this article.  I will recommend it to others.

Joyce Penner

http://joycepenner.wordpress.com

 

Joyce Penner — Sun, 01/11/2009 - 2:04pm

Joyce

Thank you so much for posting your comment about my article. Writing & posting articles is a new experience for me; I greatly value your opinion. Thanks again.
Rita Sickles
http://www.ritasickles.com

Rita Sickles — Sun, 01/11/2009 - 4:47pm

Rita

I believe Cynthia and James are right most of the people who enter are part time or the enter to just buy product. But if you give them compensation for whatever reason they enter based on performance you will establish residual by determning over a period of time how they buy or promote.

I also believe your product should be priced accordinglingly so that it brings a substantial profit  on the initial  first sale of that distribuutor. The one thing that does bother me with compensation plans is the want to be secretive about the money the pay by calling them ponts like qpv or ppv or pqv I think that is ridiculous why not say  they earned  1.25 for etc. in money terms.

Thanks everybody for your comments I enjoy the fellowship and information

John Stephens

www.maximumsuccess.com/jls

John Stephens — Mon, 01/12/2009 - 1:04pm