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Tuesday, 29 January 2008 |
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By Demetrios Tzortzis
 It is a statistically-proven fact that over 95% of all home-based businesses will fail miserably within the first year of operation. The single most prevalent reason for this massive failure rate is that people jump in blindly without having a good plan for business in place. Home-based businesses are real businesses. They are real in every sense of the word. Ask yourself how successful you believe a brick-and-mortar business would be if an entrepreneur just opened the doors one day without any planning.
Here is a helpful flow chart to get your thoughts moving in the right direction:
1) You have to develop a solid business plan. That includes the following:
-Asking yourself what product or products that you will sell.
-Researching your demographics. Who will you sell to and is that a feasible endeavor?
-Do you know anything about business in the first place? If not, you need to start studying. Educate yourself about business. There are proven techniques that will work for you, but they cannot if you are unaware |
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Last Updated ( Tuesday, 29 January 2008 )
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Tuesday, 29 January 2008 |
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By Michael Laleye
 In the beginning of your home business the freshness of the experience makes everyday exciting and new. You are learning and putting new skills to work. All of this is what provides drive and focus for pursuing your home business goals. As your home business has been running for a longer period of time, it becomes the daily grind. It can often begin to feel monotonous. So how do you keep your main focus and drive throughout your home business?
It does not just appear or you don't suddenly awake one morning feeling brand spanking new. It takes work to keep your home business fresh, just like a relationship. After you have been married ten or more years you know each other in and out. You often get into a rut of the same routine. You have to add or change things to freshen or liven it up. Give yourself things throughout the week that help keep work life interesting.
Give yourself a wacky dress day. Tell yourself your going to wear your PJ's every Thursday, whether you are |
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Last Updated ( Tuesday, 29 January 2008 )
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