Successful Home Businesses Take Time To Become Profitable
Wednesday, May 20, 2009 at 12:02PM Time is money, and learning how to leverage your time and increase your learning is one of the most important tools you need to create wealth.
“No amount of dreams or goals – by themselves – will ever get you to where you want to be. They are COMPLETELY MEANINGLESS if you don’t take effective action.” Ann Sieg, The Renegade Network Marketer e-book.
Effective action means having a clear plan in place for your home-based business and doing the right kind of action – action that brings results.
Even more... it’s not just how many hours a week you put into your home-based business that determines your success, but also how you use those hours.
Here are three really basic tips to help you avoid wasting your valuable time:
- Acquire internal motivation. When I joined network marketing, I bought into the hype and really believed that I was going to be making a lot of money within a year. After all, that’s what everyone in my upline said. Silly me – little did I know of the skills and hard work it was going to take. So, initially, I had lots of motivation – which really consisted only of what I had heard and what was bouncing around in my head. My motivation level went from 10 – 0 within a couple of weeks. I could see the plan I had been given was not going to work. So, expect to be disappointed – but then get over it and keep moving forward using effective tools and resources to help you.
With a realistic plan and goals in place and then staying in consistent action, my internal motivation was finally developed. I was getting results. It takes, on average, three to six months to develop the internal motivation needed to sustain you through the “hard” times. Don’t give up and give in to disappointment before you really get started!
- Have a mentor standing by. This could be your sponsor, someone else in your upline, someone on your marketing team, or perhaps a reliable confidant. There is priceless information to be learned from people who have already spent time in the trenches, so-to-speak, who can quickly point you in the right direction for the answers you need.
- It is critical to continue to learn, adapt, and change. Technology is simply growing too fast! In today’s economy, the most important skill is the capacity to learn new things.
Ann Sieg says in her Renegade Network Marketer e-book, “It is always better to be effective than it is to be efficient.” By aligning yourself with people who have the proven track record to guide you on how to be the most effective and profitable business builder you can be, you will save tons of time; first, by pointing your downline or prospects in the right direction for the help they need (creates duplication and leverages your time); and second, save lots of money – by avoiding things that just don’t work.
Some of my favorite mentors:
Ann Sieg - author of The 7 Great Lies of Network Marketing, The Renegade Network Marketer, The Attraction Marketers Manifesto, Renegade Professional (a joint venture with Mike Klingler), (AND... my MLM sponsor).
Mike Klingler - original creator of Renegade University/Professional and currently in a joint venture with Ann Sieg and Renegade Professional and their advanced mentoring program called Renegade Breakthrough. (If you have the marketing budget and are serious about building your business, the Breakthrough program will definitely pay for itself many times over.)
Alicia Bausley - Ann Sieg's #1 MLM top performer, co-author of How to Build Your MLM Business, website: simplemlmsteps.com
Wendy Mills - trainer for TheWorksTeam, website: ahomebusinessworks.com
Check the joint venture website of Alicia Bausley and Lisa Hanfileti, authors and founders of Empowered Business Entrepreneurs
These talented and successful marketers have additional resources available. If you want to learn more, just Google their name. It's very inspiring to keep abreast with leaders in the network marketing industry who have learned what it takes to succeed.
Be patient with the process. Building a profitable home-based business is a journey, not a get-rich-quick-scheme. It could take a few years to see a substantial profit.
Colin Powell says, "There are no secrets to success. It is the result of preparing, hard work, and learning from failure." You must take action before you can reach the financial rewards.
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“Brick walls are there for a reason.
They let us prove how badly we want things.”
Prof. Randy Pausch









