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American Home Business Network: Do You Know What Takes To Be Successful Entrepreneur?

Saturday, August 29, 2009

Do You Know What Takes To Be Successful Entrepreneur?

By John Desmond

Have you imagined what it would be like to set your hours, fire your boss and be free of the office politics? Bask in the glory you can imagine from being a smashing success and rolling in the dough!

Hold the phone, before you are booking a flight to Maui you need to consider one thing very carefully and ask this question: Do you have what it takes to be an entrepreneur? Are you cut out to be fabulously wealthy?

To get to the bottom of this question you should compare yourself to the following characteristics, Can you / do you:

-Stay with something without instant gratification? Your first day of entrepreneurship will be the most exhilarating day of your life. In fact, you probably will not come off cloud nine for many days if not weeks.

You have pressed on and on and now you are at a wall. Your working hours look a whole lot like your last job and you are just trying to keep the business afloat. The rose colored glasses are gone and to add insult to injury you cant even see where you are making a difference. These are time when motivation is slim and you are just hoping to make it another day.

Answer this question, do you have the will power to see something through even if pay off is delayed? These are the questions that determine an entrepreneur from all the rest.

-Let a losing idea die? Look, when you spend precious time on an idea it will feel like a part of you and truthfully it is, this is your baby so to speak and it will be hard to turn lose of your brainchild.

However, what do you do when that idea is failing? What if the idea is just a small part of the overall business and it is taking the ship down with it? Can you cut it loose despite the fact that you love this idea and are attached to it? These are things a good entrepreneur is forced to do.

-Have self-confidence and assurance in your own abilities? Many people will doubt what you are trying to do; in fact, some may even ridicule you. When you let their opinion affect you the battle is already lost.

It takes rock solid confidence in your idea and abilities, if you have that you can be a great entrepreneur.

-Do you have a firm grip on the value of what you are offering? This is a huge problem; many times a new entrepreneur will work their fingers to the bone for nothing. Most of the time this is a result of not valuing the solution they are providing. A new business owner has thoughts like "I would never pay that much for this product or service, so I better set a low price."

You are the provider of service or product, not the consumer of it. Your job is to offer something of value to people and then be fairly compensated for the effort. If you go wild and over price the product or service your customer base will be quick to let you know.

Value the solutions you provide until you hear otherwise. You may be a good entrepreneur when you get this part down pat.

-Fix a Dilemma? This is the most important characteristic of all, are you the one to solve a problem?

Problem solving is probably the number one key to being an entrepreneur. Not only should you offer a product that solves a problem but you must be quick to solve business problems as well. You are the boss and the buck stops at your door. Be quick to unearth a problem and find the answer.

The biggest reason of all to be a problem solver however is for your customers. If you can find the thing that people are struggling with and then provide a solution you are well on your way to being a good entrepreneur.

About the Author:


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Feature Article: Make the Leap to Home Based Business Success

Feature Article: Make the Leap to Home Based Business Success
Copyright © Stone Evans, The Home Biz Guy
http://www.PlugInProfitSite.com/main-21753

Before you can have a successful home based business, you must first possess 3 "intangibles." These are things that must come from WITHIN you.

 ===> Intangible 1 <===

First, you must have a strong WHY.

Why MUST you have a successful home business? What is driving you? What is it that you CAN'T have in your life anymore and/or what is it that you absolutely MUST HAVE now?

For me, I couldn't stand working 12+ hours a day anymore and missing the experience of my children growing up. I also absolutely HAD TO HAVE the freedom of being able to control my life and finances through a little box (laptop computer) that I could carry with me anywhere in the world and not be tied to anyone's time pressures or demands but my own. That was my carrot and my stick. I felt a great pain deep in my gut of missing out on my children's lives and the incredible freedom that succeeding in a home based business would provide for me. I found my why. You MUST find yours.

===> Intangible 2 <===

You must BELIEVE that it is possible.

If you don't believe that it's POSSIBLE for you to have a successful home based business or make your living from home, you won't. It's that simple.

For me, figuring out that it was possible was just a matter of realizing that many other people were ALREADY making great money working from home. If they could do it, I could too. It would just be a matter of figuring out what those people were doing and then adapting it to my situation.

There is no shortage of undeniable PROOF that people (millions of them) are making money working from home. Just get online and do some research and you'll find countless testimonials and stories of REAL PEOPLE making real money on the Internet. Or head to your local bookstore and you'll find the same documented evidence of this fact. Truth is, it's getting easier and easier to make money with your own home based business.

I've always said that "affiliate marketing" (a simple way to make money from home) is the job of the future. In the "old" days, you had to go to a potential employer, apply for the position and hope for the best. Now you can simply go to any company you want, fill out their affiliate application and start work immediately. Affiliates are the new working class. In fact, making money with affiliate programs or making your living on the Internet is WAY MORE than possible. It is pretty much (or will be soon enough) unavoidable now. Affiliate marketing is the "job" of the future that's already here TODAY.

===> Intangible 3 <===

You must be willing to MAKE THE LEAP.

Ready, FIRE, then aim... This is the operating philosophy you MUST adopt to succeed with a home based business.

That's backwards for most people who like to aim before they fire. The fact is that home based business success is a moving target... The only thing constant about it is change. You need to stop analyzing the game and simply jump into it. You can't learn from the outside... You have to be IN THE RING to truly understand it.

The lesson here is that you will never really be READY to start a home based business. You simply have to start one. It's like having children... You're never really ready, but when it happens you adapt and grow. This is what I call "Making the Leap."

The good news is that the cost of failure with having your own home based business is very small. In the "brick and mortar" world you need to evaluate things very carefully before you decide to open up a business. It's almost always necessary to invest thousands of dollars to get an offline business off the ground. However, on the Internet you can often start a successful business for less than $100. The Plug-In Profit Site is a great example of this: http://www.PlugInProfitSite.com/main-21753

You simply need to get IN THE GAME... Each moment that you stay "out there," you're wasting valuable time that you could be learning and skills necessary to build a successful home based business. In fact, if you're not in the game yet, you're ALREADY behind the times. Make the leap to creating a successful home based business today!

About the Author:

Stone Evans, The Home Biz Guy has helped thousands of people in over 200 countries around the world start and run a successful home business. Discover 3 easy steps to start your own home business and subscribe to The Home Biz Guy's FREE Home Business Secrets Mini-Course at: http://www.PlugInProfitSite.com/main-21753



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