ProfitBrite

Feb 11

The 5 Reasons Homepreneurs Fail in Their Business

I've lately been reading a lot of advice from all over the place to just think BIG enough and things will start showing up in your life. Being a visionary myself, this is how I naturally think and I also know very well the downside of the big picture thinking. And it has a downside that can easily put you out of business before you even notice it. So let me share the pitfalls of failing before you even go there.

(1) Keep on trying
Taking action and trying are two completely different things and there is a fine line in that. Trying is taking actions that do not bring you the results while taking action is going out and getting it. And when you go out to get it do not forget - even though constantly being in action keeps you in the routine to achieve more and more, half-done projects and half-finished tasks and half-executed promised may get you not half-results but sometimes much less. Sometimes this half-done work can really damage your business representing you as only half -delivery.

(2) Investing in top-notch tools
If you live in a penthouse apartment your real estate tax will be much much higher than if your live in a tiny one bedroom apartment. And it appears to be common sense to know that. What amazes me is that way too many start-up businesses jump into the fancy tools of the multi-million dollar companies and spend their seed money on expensive tools. It is always good to look at where you want to be and to gradually upgrade your tools on a needs basis.

(3) Forgetting what will bring you "There"
The quickest way to get an entrepreneur wrinkle her face is to ask them when are you going to get your next prospect to sign up with you. Why? Because they feel powerless. Whether the prospect signs up with them is both a choice of the homepreneur and the prospect. Now, in order to start bringing clients in consistently, there need to something else set up in place than just the hunting for clients. There needs to be a PLAN - sales strategies, marketing plan, business outlook, PR campaigns. Should you loose sight of your long term goal of stability, the search for clients can turn into a repeating struggle.

(4) Not being gracious with their clients
I've heard this story over and over again and I really hope that people will eventually get tired of it and will see through it. As a marketing strategy start-ups are told that when they start getting business - they will be able to control the client load, the payments they receive, how much time they will be working, what kind of revenue they will be bringing in, etc. It's just too good to be true if you are not with 5 or 10 years of experience in business. And even then- late nights work, unsuccessful campaigns and compromises with personal life are to be expected. The most ignored factor in this equation is: the client payments. Remember, clients are sometimes late with their payments. So, be careful how you will approach this as money exchanges are the fastest way to build a trusting relationship with your clients... or to burn the bridge for Ever.

(5) Being super busy all the time
All you own is - this very moment. That's it. You miss it and you've lost the chance to get max results with min efforts. What most entrepreneur fail to recognize is that busy is not good. It's not bad either. It simply means: I do not have enough time for everything on my to-do list. If you have the work done and the money coming in, then busy is good. If you keep being everywhere and doing everything and achieving only so much results, then busy means: time to start using the time on your hands much more effectively so that you become more productive for less time spent.

Tsvetanka Petrova, the Success Magnifier Business Strategist, is guiding destined to BIG profits businesses to start up and set up their business online and offline, to price and package their services, to create products and make big ticket product launches, use social media to find clients and build relationships. To get started go to http://www.successmagnifier.com

Article Source: [http://EzineArticles.com/?The-5-Reasons-Homepreneurs-Fail-in-Their-Business&i...] The 5 Reasons Homepreneurs Fail in Their Business

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Jan 19

Best of Both Worlds - Why Not a Home Based Business?

It's every salaried man and woman's dream and probably more than a few self employed people who work from an office too. The benefits of running your own business, being your own boss, keeping your own hours and all this from the comfort of your own home. It just sounds too good to be true. Well, the reality of running a home based business isn't always that rosy. As a matter a fact it can be a right royal pain in the behind at best or fail miserably at worst.

Working from home is not exactly a new or unique concept. In the past most business was done from a shop or small factory or workshop that was part of the family home. In many parts of the world today it is still the norm. The practice of living and working in the same place does make a lot of sense and holds many benefits. It is great not having to pay rent on a building, living 30 seconds from work, not having to sit for hours in traffic and being able to get up and have a sandwich and a cup of coffee whenever you feel like it. Nirvana indeed.

There are several pitfalls in this idyllic wonderland though, pitfalls that are generally only discovered when one starts working from home. The exponential increase in self discipline that is required, constant distractions and the stigma that often surrounds the "one man band" or home based business are just a few of the problems that one has to contend with. You need to be dedicated, driven and passionate about what you do to work from home. A simple desire to stop working "for the man" is just not going to cut it.

To make a success of a home based business you have to be a far stricter boss than "the man" ever was. You need to set a rigid and uncompromising work schedule for yourself and adhere to it religiously. You also need to set yourself up in a place in your home where you will not be bombarded with distractions all day (and more likely all night). It just doesn't work sitting and trying to be productive while little Johnny beats the stuffing out of his brother or his drum set in the room next door. Family members need to buy into this process unconditionally as well. Work times have to be off limits to all but 3 alarm fires or the discovery of a winning lottery ticket.

One of the problems often encountered by work-at-homers is the misconception that a small business is small time. The absence of a penthouse suite is deemed to be a sign of mediocrity and lack of success. This is a problem that can be alleviated only by making a name for yourself and building trust among your clients. You can cure cancer but there just are no pills for a snob.

The good news is that not only is a successful home based business possible, but it can be the most rewarding thing you will ever do. It is cheap, convenient, flexible and rewarding. If you can exercise the required amount of discipline and fulfil the basic business needs of supply and demand then it can and does work. Good luck!

Bob has been writing articles online for nearly 2 years now. Not only does this author specialize in home based businesses, you can also check out his latest website about [http://ergonomiccomputerchair.org/index.php]Ergonomic Computer Chair Which reviews and lists the best [http://ergonomiccomputerchair.org/ErgonomicComputerDesk.php]Ergonomic Computer Desk

Article Source: [http://EzineArticles.com/?Best-of-Both-Worlds---Why-Not-a-Home-Based-Business?&id=3586847] Best of Both Worlds - Why Not a Home Based Business?

Filed under // Good luck business nirvana penthouse work

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The 5 Reasons Homepreneurs Fail in Their Business

Best of Both Worlds - Why Not a Home Based Business?