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The 4 Stages of Your Home Business Success
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| Guest post by: John Woodman |
Article Overview: There's four simple stages on the road to success when being in a home based business. Many have come before you and many will follow, but only 3% make it to the fourth and final stage.
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Free Download - The 4 Stages of Your Home Business Success By John Woodman |
The 4 Stages of Your Home Business Success
There’s many of you out there looking at getting involved in a home
based business or already apart of one. For the majority of you, that’s
probably in a network marketing or direct sales industry, and why not
Both Donald Trump and Robert Kiyosaki have both said that these are
actually great viable ways to help you on the road to success by being
able to learn the crucial skills you’re going to need.
Today I’m going to give you a little insight into the overall four stages you’re going to experience on your journey.
Stage 1 – Newbie
This is where you first venture in and have already chosen your vehicle that’s going to get you started on your path. You’re full of excitement,
because everything is so fresh and new. You’re out there trying to
learn what you can and attempting to make your investment back as soon
as possible looking for confirmation that you’ve made a sound decision.
You can’t wait to mention it to everyone and why not, you’re your own
boss now. Those people at work had better watch out, because you’re days
at the 9to5 are numbered, but you’re also willing to bring those along
that have done you right along the way.
You know success for your home business is right around the corner and you can’t wait.
Stage 2 – Questioning (AKA The Dip – thank you Seth Godin)
By this point you’ve perhaps been in your business a while now, 6
months or more, and you haven’t seen the return on your investment yet. You contemplate sometimes whether or not you should give up.
You occasionally dodge criticism or jokes on your behalf asking how the
business is working out for you. You’re kind of discouraged to talk to
some people, because why would you want to bring someone into something
like this, especially close friends and family to feel the frustration
you do. You wonder how anyone can find success in a home business.
Many of you will quit by this point. You’ll blame it on the product,
the company, perhaps say it was a scam, basically any excuse to give
yourself to make you feel better about your decision.
Those few that persevere and continue to move forward will hunker
down again, start looking for answers that they might have missed and
start looking for all kinds of solutions to their various struggles
within business. Many times they will start buying a myriad of different
courses and start spending a lot more money than they’re taking into
the business. They have convinced themselves, however, that they’re not
going to give up.
Stage 3 – Experience and Skill
By this point you begin to realize you’ve gained some of the knowledge and skills you’re going to need to be successful.
You’re feeling a little more confident, but still fear something is
missing. You know success is right around the corner in your home
business, but you’re not quite there yet and you’re aware of it.
You start to see some results, but not totally what you originally
had in mind when you started, but you’re seeing the light at the end of
the tunnel and realizing that it is a viable enterprise. You also
realize that it can’t be much more than what you already know. Heck
you’ve already surpassed all those that gave up before you.
Many of you will realize at this point that it’s more about the internal you, the mindset game
that perhaps is holding you back. You start learning more and more
about mindset, start seeking out those experts to help you get your head
in the game and in the right place. For many mindset is the final key.
It can be that brick wall, once you learn to knock it down then you’ll
be on easy street. You’re also spending more time on reading and
improving yourself over a lot of the courses and so called secret
solutions out there.
Stage 4 – Success
At the final stage looking back you realize you made it a lot harder than it should have been, but then hindsight is always 20/20. You’re feeling elated,
why, because you’ve got it all figured out. Your minds in the right
place, your skills are mastered and you’re feeling invigorated to try
out new techniques and new ventures. Perhaps take on a second network
marketing company. At this point you’ve realized that you’re the most
important part of the equation and to do it in a 2nd company will just
affirm that all for you. You’ve got the mindset needed and the
confidence to carry you through.
You begin to look back at the 97% that didn’t make it this far. You
kind of wish at times you could go back and help those that didn’t make
it, now that you know the answers, it’s much easier to share and coach
them onto others. You’re looking forward to a leadership role to help
many more get to where you are. You also realize that mindset is one of
the major keys.
At this point you’re getting the freedom you desired initially and if
you haven’t already you start contemplating when to quit your job, not
wishing you could. You’ve created a passive income stream, gotten
yourself out of bad debt and see how bright the future really is for
someone with your potential.
Once you’ve reached the fourth and final stage you know that you can
do it again and again, regardless of the system or product. You can find
additional opportunities to duplicate what you’ve created and continue
to build your business, and with the right financial education you’ll be
able to pass on one heck of a legacy to your children.
Leave a comment below and share what stage you’re at and how you’re doing on your journey.
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About the Author: John Woodman RSS for John's articles - Visit John's website John Woodman is an expert in marketing and social media strategies both in Hawaii and World Wide via the web. More about Internet Marketing, Business Success Coaching and the Home of the Twitter Resource Center at his blog johnrwoodman.com. Attend Free Training on how to incorporate and better use Social Media and Internet Marketing for your business or become an expert yourself. Click here to visit John's website The 4 Stages of Your Home Business Success |
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