Today I want to deliver some home business owner straight talk about overcoming the most important challenge that can make or break your business in the first 90 days.
The popularity of business opportunities and entrepreneurialism spike during a recession as those who thought they had job security realize that they in fact did not. When one desires to become a home business owner and selects a business opportunity or system, they then thirst for information, training and instruction. It is a natural desire to take instruction or copy those that promote the success we crave to attain. It is the response to that desire that I feel compelled to address.
That being said, I cannot stress enough how important it is to follow credible and responsible sources of instruction. Keep mindful, realizing that there are those that have become successful by preying on others who do not effectively make those character judgments. With an increasing number of instructors and coaches that desire to teach something that they in fact do not practice so that you can experience success that they themselves have not attained, navigating this minefield has never been more critical. It is one of the main contributors to the home business failure rate being 98%.
A myriad of business’s are doomed to failure when their owners are so desperate to follow someone else’s map to reach financial freedom and make money online that they sacrifice the very attributes that would have otherwise made them successful.
So ask yourself, have you become so busy trying to get what YOU want that you’ve forgotten to listen to potential prospects, which would allow you to effectively meet their needs? Achieving success is not about trying to sell a gimmick or give away a free worthless item to add email addresses to your list. True success is NOT about selling an opportunity to sell others into an opportunity that sells nothing.
No my friends, long term success is about delivering a product or service that provides real value toward satisfying or solving a need you’ve observed in the marketplace. This is the only path to establishing a strong foundation for your business. It is proven that one cannot realize long term business success unless they listen and provide a true needs based value proposition no matter what blogging, social media or video marketing they utilize.
Commit moving forward to be discerning who’s instruction you choose to follow, build a strong business foundation and be patient. Learn and observe diligently bearing in mind that when you reach your financial goals YOU will be the leader with results that those less experienced desire to mimic and learn from. So learn and become an expert in the business you’re in, play to your strengths – bring value and inspire someone.
“You are not here merely to make a living. You are here to enable the world to live more amply, with greater vision, and with a finer spirit of hope and achievement. You are here to enrich the world. You impoverish yourself if you forget this errand.” — Woodrow Wilson 28th president of US (1856 – 1924)
Patrick Daugherty
“The Biz Coach”
CEO of Learn2earn it now Training & Support
Author of: “The Success Steps For Building Wealth Online” for all internet entrepreneurs who desire real results!
Posted in 
Tags: 
This article is right on target with what an aspiring entrepreneur needs to know. I agree totally with what you said about choosing who you follow. I wish I would have read this when I first got started and before I spent lots of money on fly by night offers of help. I can tell that you genuinely want to help other home business owners. I also love that quote at the end!
I recently started my own home business and I haven’t looked back. It certainly feels good, especially since my company let go a bunch of people.
Where exactly does the following, and ridiculous, statistic come from?
“It is one of the main contributors to the home business failure rate being 98%.”
I am curious of it source (reference), and highly questionable of both its reliability and validity.
Actaully Dominic, its not rediculous at all but rather a pretty accepted figure. Do a Google search for home business, internet marketing or mlm failure rates and you will find a 97-99% range. Now, I will admit that this is a bit deceiving. This is because statistics have also shown that most new entrepreneurs fail on the first 2 ventures they undertake; a statistic that holds true even for brick and mortar entreprenreurs. They are far more intelligent and savvy on business #3 than they were when they were a green business newbie. I would assert that if they had learned those lessons (from biz selection to planning and marketing strategy) as they began their first venture rather than “failure school” then, in many cases they could vastly alter the learning curve and take a far more direct path to success.
Well, this post is really the best on this subject. I agree and am going to look forward to your coming posts. I will bookmark your URL immediately.
This was a real quality post. I’d like to write like this also – taking time and real effort to make a good article… Regards