Regardless of whether you work with a home business such as Empower Network, Global Domains International, Avon or any of the other main players in the industry, there is one simple mistake which prevents potentially great entrepreneurs from reaching success. Today we'll look at why working from home may not be for you.
Despite the recent tough financial climate, the home business industry is booming. Naturally, that's because a large number of people each month are turning to the world wide web looking for a way to supplement their regular income.
Sadly, it doesn't work out well for the overwhelming majority who get involved. In fact, while thousands of new people take a look into the possibility of working from home every single month, only around 3% actually go on to do it for real.
Actually, the failure statistic is a little bit misleading. It's largely made up of individuals who have a false expectation of the home based business industry. They spend their time joining opportunities and quitting shortly afterwards, stuck in an endless cycle of switching between every 'next big thing' to hit the scene. The industry doesn't help itself by attracting these people with it's false marketing about easy incomes.
If you are tempted by the idea of working for yourself from home, see if you can answer these three questions:
1. Are you merely trying to build an easy income, or do you genuinely harbor an ambition to become your own boss?
2. What is your current schedule like? Most people don't realize how much time is put into running a business.
3. What initially attracted you to the world of affiliate marketing? Too many folks jump into programs purely because it has the potential to earn them money via it's affiliate plan. They lack interest in the products and services and, ultimately, it shows in their work.
There is a large crowd of individuals within the home business industry who are responsible for a big portion of the failure statistics we mentioned earlier. They spend their time jumping from business to business, hoping to strike it lucky by finding the next Google or Apple. The bad news for those individuals is that the home business industry preys on their nave nature and they often end up in an endless cycle of switching programs, never getting anywhere with any of them.
Question number one brings up an area of MLM which is a constant issue. Online businesses tend to promote the idea that you can earn a living from the comfort of your own home in your spare time. That much is true. They go slightly wrong by giving the impression you can do it all with minimal effort. This attracts folks who are not looking to earn a living, but be provided with one. If you're looking for an easy path to riches, you will end up wasting a lot of money.
Despite often billing itself as 'easy', working from home can be one of the toughest things you can do. Essentially, you need to build a business from the ground floor upwards. Sure, the earnings potential may be unlimited, but every affiliate begins with $0 and needs to take it from there. It requires hard work, time and dedication.
In a way, the 2nd question ties into the first. Alongside false expectations of easy income opportunities, there is also a tendency to expect overnight success. It takes time to see results. While it is not completely impossible to see quick success, it is extremely rare and requires a large amount of luck. Anybody who has became their own boss in the real world will agree that if you are serious about changing your future, you should not be relying on luck.
The answer to the final question will come down to your personality and individual taste. One of the common mistakes made by budding entrepreneurs is jumping into opportunities which hold great financial potential but very uninteresting products. As an affiliate you will be recommending the company to others based on both the earnings opportunity and the services it provides. If you are not interested in anything other than the income opportunity, your work will be somewhat lacking. If you speak to someone who is truly passionate about something, you will notice how much easier it is for them to be successful in that niche.
For those who are genuinely serious about self employment and working from home via the internet, there is a company out there to suit most people's tastes. Whether it's the blogging interests of Empower Network, the cosmetics of Avon or the web hosting of Global Domains International, there is something for everyone. When starting your out on the journey to make money online, the most difficult thing is ensuring that your first big step is the right one for you. []
Despite the recent tough financial climate, the home business industry is booming. Naturally, that's because a large number of people each month are turning to the world wide web looking for a way to supplement their regular income.
Sadly, it doesn't work out well for the overwhelming majority who get involved. In fact, while thousands of new people take a look into the possibility of working from home every single month, only around 3% actually go on to do it for real.
Actually, the failure statistic is a little bit misleading. It's largely made up of individuals who have a false expectation of the home based business industry. They spend their time joining opportunities and quitting shortly afterwards, stuck in an endless cycle of switching between every 'next big thing' to hit the scene. The industry doesn't help itself by attracting these people with it's false marketing about easy incomes.
If you are tempted by the idea of working for yourself from home, see if you can answer these three questions:
1. Are you merely trying to build an easy income, or do you genuinely harbor an ambition to become your own boss?
2. What is your current schedule like? Most people don't realize how much time is put into running a business.
3. What initially attracted you to the world of affiliate marketing? Too many folks jump into programs purely because it has the potential to earn them money via it's affiliate plan. They lack interest in the products and services and, ultimately, it shows in their work.
There is a large crowd of individuals within the home business industry who are responsible for a big portion of the failure statistics we mentioned earlier. They spend their time jumping from business to business, hoping to strike it lucky by finding the next Google or Apple. The bad news for those individuals is that the home business industry preys on their nave nature and they often end up in an endless cycle of switching programs, never getting anywhere with any of them.
Question number one brings up an area of MLM which is a constant issue. Online businesses tend to promote the idea that you can earn a living from the comfort of your own home in your spare time. That much is true. They go slightly wrong by giving the impression you can do it all with minimal effort. This attracts folks who are not looking to earn a living, but be provided with one. If you're looking for an easy path to riches, you will end up wasting a lot of money.
Despite often billing itself as 'easy', working from home can be one of the toughest things you can do. Essentially, you need to build a business from the ground floor upwards. Sure, the earnings potential may be unlimited, but every affiliate begins with $0 and needs to take it from there. It requires hard work, time and dedication.
In a way, the 2nd question ties into the first. Alongside false expectations of easy income opportunities, there is also a tendency to expect overnight success. It takes time to see results. While it is not completely impossible to see quick success, it is extremely rare and requires a large amount of luck. Anybody who has became their own boss in the real world will agree that if you are serious about changing your future, you should not be relying on luck.
The answer to the final question will come down to your personality and individual taste. One of the common mistakes made by budding entrepreneurs is jumping into opportunities which hold great financial potential but very uninteresting products. As an affiliate you will be recommending the company to others based on both the earnings opportunity and the services it provides. If you are not interested in anything other than the income opportunity, your work will be somewhat lacking. If you speak to someone who is truly passionate about something, you will notice how much easier it is for them to be successful in that niche.
For those who are genuinely serious about self employment and working from home via the internet, there is a company out there to suit most people's tastes. Whether it's the blogging interests of Empower Network, the cosmetics of Avon or the web hosting of Global Domains International, there is something for everyone. When starting your out on the journey to make money online, the most difficult thing is ensuring that your first big step is the right one for you. []
About the Author:
Further Details: Russ Howe is now a globally established Empower Network affiliate. You can obtain his thorough and honest empower network review in today's video clip, which covers the aspects of the home based business industry which cause most affiliates to fail.
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