Five Qualities of a Successful Home-Based Entrepreneur

July 27th, 2008

Do I have what it takes to be a home-based entrepreneur? If you’ve ever considered starting a home-based business you’ve probably asked yourself this question more than once. Successful home-based entrepreneurs have five key qualities. Do you see yourself in them? Let’s look at five key qualities below. They are:

An Independent Streak: Do you have a passion for independent projects? Some people only use their talents when someone else is breathing down their neck, forcing them to work. Home-based entrepreneurs are different. They pursue their own interests without asking anyone for permission. If you have a hobby or passion of your own, then you probably have this quality.

Confidence: If you don’t believe you can succeed, you can’t – it’s that simple! I’m not talking about the ability to project a confident personality (we’ve all met people who could do this, but were really insecure, beneath the surface), but the kind of optimism that prompts you to dream of success. Truly confident people visualize how their actions will lead to success. Their dreams aren’t just fantasies – they’re plans for revolutionary wealth and happiness.

Organizational Skills: Organizational skills and confidence go hand in hand. This doesn’t mean you need a tidy office or accounting talents. Organization is nothing more than the discipline to decide on a system and follow it. Poor organizational skills are the most common barriers to success, but this only happens when you don’t commit to a plan of action. Fortunately, a home-based entrepreneur in the internet age doesn’t need to invent a system on his own. He can find them by asking the right people.

Open to Opportunities: You need the maturity to accept opportunities when they appear! This seems so obvious (who’d ever turn down a substantial income opportunity?), but not everyone has the personality to make the leap. The great thing is that I’m sure you have this trait, because you’re reading this article!

Self-Motivation: Self-motivation is the ability to commit to your goals. You may have the independence to start your own business and the ability to visualize success, but you need to want it. Don’t be ashamed of ambition! As an entrepreneur, ambition is fuel for your fire.

Do you have these five qualities? Chances are you have at least one of them – and that’s all you need, to start. Write me about your entrepreneurial qualities and we’ll talk about a system that helps you develop them into a successful work at home career.

The Substantial Income Lifestyle

July 17th, 2008

Every once and a while it’s important to stop thinking in terms of the practical aspects of self-employment and focus on what a substantial opportunity means to your lifestyle. Do this to motivate yourself and set income goals. When you start a home-based business your income goals are completely up to you, so you should give some thought as to what kind of lifestyle you want to lead.

Let’s break down your lifestyle into three target areas. Think about what they mean to you.

Freedom: This is the ability to set your own hours, goals and working style. I like having the freedom to work from anywhere I feel like and to schedule vacations and meetings at a moment’s notice. Some people like setting up their schedules months and even years ahead of time . . . but I’m not one of those guys. What about you?

Leisure: How much time do you want to spend just having fun? I’m not talking about fun while you work (though I do like my work to be fun, too!), but vacations, breaks and personal time. If you have a family, your working hours will affect how much of your undivided attention you’ll be able to give them. In terms of setting goals, the way to more leisure time is efficient work time. You want every hour you spend working to be as lucrative as possible, because it gives you more time to not work.

Satisfaction: One of the reasons a normal 9 to 5 job is a real drag is because when it comes right down to it, you’re working to help someone else get rich. Job satisfaction is about reaping the rewards of your own labor, without wondering if you really deserve more than you’re getting. The great thing about a home-based business is that you never need to ask that question — and the great thing about generating a substantial income out of it is that it represents the fact that you deserved to succeed.

It all boils down to time. A substantial income opportunity lets you make more in less time, and a home-based business lets you do work whenever you want. Together, they give you the ability to choose your own lifestyle, with the freedom, leisure and satisfaction you desire. All you need is a map to get there. Contact me if you want to find out how to get one.

Five Types of Turnkey Home Business Owners

June 24th, 2008

Who can use a turnkey home business?

The real answer is: “Almost anyone!” As long as you’ve got the discipline to follow straightforward instructions, you can make a turnkey opportunity work for you. Still, that’s not very specific, is it? That’s why we’re going to look at five groups of people who are each especially suited to running a turnkey home business.

People in rural communities: Throughout North America, we’ve seen a tremendous shift from industry to service. Many rural communities that used to depend on factory labor suffered downturns after the primary employer left town. Fortunately, a modern home-based business doesn’t depend on the surrounding community. It relies on global communications channels like the Internet to acquire clients from all over the world.

Minority immigrants: In Canada and the US, immigrants from outside Western Europe face some significant barriers. Employers might not recognize their qualifications. There could be a language barrier, limiting immigrants to opportunities in their own communities. A well-designed turnkey home business doesn’t have these barriers to entry. It’s ready to go; there’s no need to write new material in an unfamiliar language and no restrictions based on education.

Retirees: As we mentioned in a previous article, a turnkey home-based business removes some of the financial dilemmas of retirement. Instead of carefully weighing benefit-collection options, a retiree who turns business owner generates enough income to cash in whenever he likes. If the business comes with turnkey plan, he doesn’t have to waste valuable time setting things up.

The underemployed: Home businesses promise exceptional flexibility for people who’ve been forced to work part time because of a chaotic job market. A turnkey business opportunity gives these people a chance to earn a living without having to learn yet another set of skills. Since they can choose their own hours, there’s still time to look for work in their field – though if they’re making enough money at home, their priorities could change.

Work at home moms (WHAMs) and dads: WHAMs (Work at Home Moms) are one of the fastest growing groups of entrepreneurs today. Any stay at home parent can see the advantages of turning their lifestyle into an income opportunity. A turnkey home business offers a quick start and flexible hours that won’t interfere with child care and other household needs.

If you’re in one of the above situations and are curious, contact me and I’ll show you the potential of a turnkey home opportunity.

Three Quick Tips to Help You Work from Home

June 17th, 2008

Many people take to working from home naturally, but to a few, it’s a daunting prospect. They ask themselves, “Do I have the discipline?” The answer is “Yes, as long as you have a plan.” Working from home is probably the quickest path to living the lifestyle you prefer, because you set your own hours and pick your own office environment. It’s pretty much the best kind of work there is, provided you take it seriously.

We can’t give you a complete plan in a single blog entry. Properly speaking, that would be a turnkey business. (We do have some advice for you about that, though. Contact us for the details!) Instead, here are three ways to work from home a bit smarter.

Time Your Work at Home to Household Pleasures

Some personal management gurus will tell you to work at home just as if you were at an external office, but that kind of defeats the purpose of working at home, doesn’t it? You probably want to leave the office to get away from that.

Instead, tie your schedule to the good things about being at home. Don’t tell yourself you’ll work until a strictly scheduled, 12:00 lunch. Promise yourself a motorcycle trip to your favorite restaurant once the noonday traffic’s cleared. (I don’t know about you, but we love doing that!) Which one sounds more fun? Which one would you rather work toward?

Ride the Wave

Everyone’s energy ebbs and flows during the day. In a traditional office you have to push yourself through the low points. Quality suffers, you drink too much coffee, and you’re ready to fall into bed when you’re done. At home, you have a chance to use your working energy naturally, without forcing yourself to work when you’d be better off taking a break.

Kick start your energy level with a bit of exercise. Ride that first wave of energy until you feel it drop off and then take your break. Take the time you need to recuperate and catch the next wave. Working in a normal office, you’d never get to work two hours on and an hour off, but at home, why not? You’ll get as much work done, if not more, spread across more hours.

Find Your Personal Home Office

Your personal definition of “office” is probably a lot different from the desk and cubicle you’ve come to expect from working for other people. Start with the traditional desk, computer and filing cabinet, but as time passes, take note of what you use every day and what you could do without. Get rid of extraneous clutter. If you only file papers occasionally, move the filing cabinet to another room. If it doesn’t affect how quickly you work, you don’t need it.

Once you get rid of the excess, you’ll have an “office” that doesn’t get in your way and becomes a place you associate with self-disciplined work, not the traditional 9 to 5 grind. It’s your symbol for success.

Related Terms: substantial residual income, substantial income lifestyle

Selecting an Online Business Opportunity

May 14th, 2008

If you’re reading this, you probably want to generate a substantial income with an independent, home-based business. There are lots of business plans out there, but over the past decade, the Internet has generated the greatest number of new ideas. Online business opportunities have unparalleled flexibility and variety. So many options are available that your first question is probably: “Which one should I choose?” The answers depend on your situation, but most people prefer the following:

True Independence: There’s independence in name only and real independence, where you don’t have to lock yourself into the rules of a franchise. Franchise rules can set you back thousands of dollars while restricting your ability to run a business the way you want. If somebody else is ordering you around it’s not really independence, is it? Every opportunity has rules, but make sure these don’t make somebody else your boss in all but name.

No Selling to your “Warm Market:” The last thing anyone wants to do is sell to friends and family. Marketing professionals like to call your immediate network a “warm market,” but that warmth usually comes from sympathy – not real interest. It can “cool down” fast, damaging your closest relationships in the process.

Fast Startup: A good online business opportunity should offer a fast, easy startup. You don’t need to rent office space, hire employees or perform other conventional setup tasks, so why should it take you just as long to start an online business as a standard one? “Turnkey” online business opportunities offer the fastest startups. These systems offer a “business in a box” that contains all the resources and information you need to begin.

I’ve investigated many of these systems and have found what I think is a solution that hits every one of these requirements. Drop me a line if you’re interested in hearing more.

How a Turnkey Business Solves the Early Retirement Dilemma

April 29th, 2008

Older Americans face a dilemma: Take the money and run, to stick it out for the long haul? That’s the choice Social Security gives them. At age 62, Americans can theoretically start getting their benefits right away, but there’s a penalty: They’ll never get as much money as they would have if they collected benefits later. According to the CPA Journal it’s in the average American’s interest to collect early, but the reasons aren’t exactly heartening. It’s only a good decision because it lets the average retiree defer withdrawals from other retirement savings, or because he just doesn’t have other post-retirement income opportunities.

The best solution is to avoid the dilemma entirely, by retaining an income stream that sustains you before, during and after your chosen “retirement age.” It’s simple: If you don’t anticipate going into debt or running out of money, you’re free to collect Social Security benefits whenever you wish. The key is to find a business that supports “working retirement,” where you’re your own boss, set your own hours and can easily balance your business, family and personal needs. Find the right business, and this kind of “retirement” is better than working; you can leave 9 to 5 for a better income without anyone showing you the door once you hit your 60s!

That’s why a home business is the natural choice if you’re interested in a secure retirement at any age. A turnkey business - one where you’ve got a system in place - saves you the headache of setup. Contact me to explore the possibilities.

Stuck In Rut?

April 23rd, 2008

How does your life measure up to what you expected or hoped it would be? Ask someone this question and then watch their response closely. It may vary from a look to the ground and some digging in the dirt with a toe, to a look directly in the eye with a period of silence.

Very few are where they want to be because of reasons that are as varied as the people themselves. The most common response is,”I don’t have the money to do what I want.” Okay fine. “How much money would it take to give you what you want and the lifestyle you desire?” Then sit back and listen to all the hopes and dreams of life long ambitions that will probably never be realized for the simple fact that they don’t have the money. They have a job that they diligentley go to each and every day, in some cases working very long hours, all the while making the bosses dreams come true.

Stuck in a rut is where most people are and at the same time a place where most would like to get out of. Some just throw their hands in the air and give up, and then there are those that take a deep breath and say “I’ve had enough of this, there has to be something better for me.”

For most, the hours long commute to work with the price of fuel on the rise, makes working from home an attractive option. With the opportunity to make real money from home more popular, many are choosing that route as they can be their own boss and set their own schedule. The wise ones know that to be successful and to create wealth from home takes a committment while knowing that settling for less is no longer an option. They also know that by being wealthy allows one to live a life of privilege and comfort and to be able to do what you want, when you want, how you want. Does your life measure up to what you had hoped or expected to be? Contact me.

 

What is a turnkey, home based business?

April 2nd, 2008

There’s a wealth of opportunities out there for self-motivated individuals. But be warned: Not all opportunities are created equal! Some opportunities provide structured plans for success, but others leave you on your own, without help or guidance. Starting a business can be either one, depending on the method you choose. Will you break your back in a conventional business or try to “turn the key?”

Starting a business from the ground up can be a Herculean effort. Before you even start, you’ll need to assess the market for demand, plan marketing and promotion and set down every aspect of your company’s operations. Skip a step and you’ll feel the effects somewhere down the road. You’ll miss an opportunity or misjudge the environment, leaving you thousands of hours – and thousands of dollars – in the hole with nothing to show for it. If you choose a home-based business you can’t escape the office to forget your troubles – you live there!

Fortunately, you don’t have to start from scratch. There are other opportunities out there. These turnkey home based businesses provide everything you need to start making money. Investopedia.com defines a turnkey business as an operation where the “management of a firm is in charge of the planning and execution of all business strategy. The client, who buys a franchise or part of the business, only has to “turn the key” for the operation to start.”

A turnkey business provides the best of both worlds for determined, independent businesspeople who care enough about their quality of life to want to avoid the hassle of early business planning. Turnkey business eliminate the tedious startup period, letting you get the point of running a business: generating wealth!

A home based turnkey business still requires work, but if you choose a well-designed system, work rewards you right away – you don’t have to pour sweat into it just to get ready. Contact me to unlock your own turnkey home business opportunity.

Alberta Business Opportunity

March 19th, 2008

One common misconception is that the energy sector is responsible for all of this new growth. The truth is that you don’t have to get your hands dirty at an oil well or work in an energy company’s office. Opportunity is everywhere. According to the Canada Business Network, while energy is responsible for one quarter of Alberta’s gross domestic product now, that’s actually down from the one-third it held 20 years ago. Alberta’s economy supports all types of businesses these days. Big oil might grab the headlines, but people who’ve come for the fossil fuel boom need all kinds of other goods and services.

The province knows that a strong economy requires a strong information network. That’s why it’s built the Alberta SuperNet. Communities across the province have easy access to high speed internet now, so more businesses than ever have a chance to get online and join in on growing profits. The Canada Business Network puts it this way:

The Internet has opened up networking to anyone with a computer and Internet access. Businesses can now climb on board the Internet, which amounts to a free electronic highway. Once you’re hooked up, you can buy, sell, and connect with the people who matter to you: your own employees (in the next office or three thousand kilometers away), your suppliers, your customers, your bank accounts, your credit information services, your sources of market information, and so on.

People everywhere are jumping on board. Internet services are a prime Alberta business opportunity. Business site Alberta-canada.com says that the province has approximately 7,000 internet and communications businesses generating an estimated $10 billion in annual revenue!

Thanks to the internet, you don’t even need to live in Alberta to share in its growth. If you’re online and aren’t afraid to commit to a reliable plan to build wealth, the opportunities are yours for the taking. You just need to take the first step. Contact us to unlock one powerful way to join Alberta’s success story.

 

Alberta Business Guide
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Minority Business Opportunities - Opportunities For Minorities

March 6th, 2008

Equal opportunity has finally come full-term on the American business landscape. As we approach the half-century mark since Martin Luther King gave his famous, “I have a Dream” speech, Mr. King’s dream is becoming a reality.

Not only are record numbers of minorities finding their way to self-employment, women are doing so in record numbers, as well. According to the Center for Women’s Business Research, firms owned by women of color are growing at five times the rate of all U.S. firms. Between 1997 and 2006, the number of privately-held firms that are 51% or more owned by women of color grew by 120%, while all U.S. Firms grew by 24%. Specifically, businesses owned by African-American women grew by 147%, while those owned by Hispanic women grew by 121%.

Minority-owned businesses across the board are up, as well. As expanding markets create niches for small business, opportunity abounds. Once repelled by societal constraints and formidable startup costs, more and more minorities and women are discovering they can start their own business with minimal investment.

Much of this is facilitated by the home-based business phenomenon. Experts estimate that 34 million to as many as 40 million home-based businesses now exist in the United States. Home-based businesses now represent somewhere around 33% of the American workforce!

Their success rate is better than that of the traditional bricks-and-mortar startups, too. They last longer, become profitable more quickly, and are more conveniently maintained. Women with children have found the home-based business revolution especially enticing.

With government grants and loans readily available and accessible, minority business opportunities continue to rise. Local, state and federal governments are compelled to enforce equal opportunity by ensuring that a representative number of contracts they award are given to businesses owned by a recognized minority. From in-home health care to construction projects, minorities are competing for lucrative contracts.

But what if you do not have the background or expertise to compete in such specialized fields? Many opportunities still exist. The Information Age, fueled and facilitated by the expansive growth of the Internet, continues to open doors to new business opportunities for minorities.

According to U.S. Census of business owners, in 1982, Ethnic minorities owned just 7% of the businesses in the U.S. By 2002, the percentage had grown to 18%. Says ethnicmajority.com, “America is rapidly becoming the land of the self-employed…For Ethnic minorities, starting their own businesses is a natural alternative to bumping up against the glass ceiling and fighting workplace discrimination.”

For many minorities, America has finally become what she was always intended to be: “the land of opportunity.” While corporate America ebbs and flows, growing and then cutting back in accordance with global markets, small business owners, entrepreneurs ready to claim their own stake in the American dream, continue to expand. And minority business owners are leading the way.

Every day, brave men and women are swapping their fear of failure for the chance to do something special, something significant for themselves and their families. What about you? What is your dream? Isn’t it time you set fear and apprehension aside and believed in yourself? What are you prepared to do?

Someone has said, “Success results when preparation meets opportunity.”

Well, opportunity is knocking. Are you prepared to open the door?

Related Terms:Asian American Business Opportunities, Women Business Opportunities, African American Business Opportunities, American Indian Business Opportunities, Native Hawaiian Business Opportunities, Pacific islander Business Opportunities