Entrepreneurship and Home Business Requires A Successful Business Mindset
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Entrepreneurship is someone who organizes, manages, and assumes the risks of a business or enterprise by his/herself or for someone else. Don't worry...this site is not about Websters or Wikpedia’s definition of Entrepreneurship or that of a Harvard Economist. What I hope to do is to challenge your current thinking and mindset regarding what is required to be a successful entrepreneur. Start thinking of Yourself as an Entrepreneur NOT as an Employee.... I firmly believe the reason most start up business ventures, and home businesses fail is that you have to develop the proper entrepreneur mindset and start thinking of yourself as an entrepreneur and not that of an employee (if you still are an employee). You must think outside of the box. When you think of the word entrepreneur, who do you picture or see in your mind’s eye? Oprah, Microsoft’s Bill Gates, Apple’s Steve Jobs, to name a select few.... etc. What unique attributes and qualities do these three people have when compared to the rest of the population? 1: Attitude and Driving Ambition to Succeed: You see these three individuals and thousands others not mentioned here) have a millionaire mindset. You have to believe it before you can achieve it..is so…true…What is the difference between success and failure you may ask? It’s your attitude.If you believe you have already failed before you even begin a task-guess what…you just failed end of story. Entrepreneurs set massive goals for themselves and stay committed to achieving them regardless of the obstacles that get in the way regardless of ther time-line that it takes. 2: Strong Driving Belief and Self Assurance in Themselves: You have to have strong faith, and determination to succeed, knowing that there will be setbacks. Contrary to public opinion, there does not exist an easy button to entrepreneurship-it takes hard work and commitment. But if you have the drive, motivation, ambition, and proper attitude and set your goals accordingly, there is no limit to what you can do. Remember: The only limits in life-are the ones you Restrict and Put on Yourself…
3: Be Open and Creative to New Ideas/Technology:
Think about the internet for a moment, prior to 1990-the internet for most people was not even in existence. Whoever would have thought that in the course of 10 years-such global economic powerhouses, such as
Google,
amazon.com The entrepreneurs behind these successful companies saw the bigger picture and realized the tremendous economic and financial potential by making their companies public (IPOs), and harnessing the power and leverage of the internet for e-commerce ventures.
As human beings, we are all creatures of habit. You have set rituals, you wake up at a certain time. You eat at a certain time, shower or bathe at a certain time. You go to work at a certain time and go to bed at a certain time-only to repeat the already too mundane process all over again for the next day. However when you have to change your normal daily routine for whatever reason-you are hesitant or reluctant because you are too ritualistic in your routine. You’ve always done your routine a certain way-so why should you have to change now you ask? Entrepreneurship, in owing your own internet business or home based business is no different. According to the U.S. Small Business Administration, over 50% of small businesses fail in the first year and 95% fail within the first five years. These are sobering statistics when contemplating your own home business, internet business or conventional mortar and stone business. However a significant percentage of these entrepreneurship failures can be directly related to the element of change in how quickly or not do you accept change in your business.
5: Strong Competitive Nature to Succeed:
This is probably the strongest attribute of all successful entrepreneurs-the competitive nature to never give up. Do you realize it took Thomas Edison over 14,000 times before he perfected the light bulb? Think where our human society would still be had he given up at his 5th or 10th failure attempt? Our world would be far much different today had he not kept the race and his eye on the prize! 5: Highly Motivation Level:
It goes without saying, but all the very successful entrepreneurs possess a high level of motivation . There is no room for slackers at the very coveted top… It takes a different mindset, and a genuine willingness and desire on your part to want to succeed in accomplishing your personal goals for your life. 6. Be Willing to Accept and Embrace Criticism and Rejection: So you want to start your own business-right? Guess what…it’s a tough dog eat dog world out there where only the strong survive. I say only the smart survive. If you are smart enough, and can learn from your mistakes (and believe me you will make many) just as I have done in my previous business experiences. You can can read my story
about me
here. If you are willing to accept constructive criticism, if you are teachable and willing to not give up in your quest-then you like me, can make it in the entrepreneurship world.
Important Tips You Need to Know Before Identifying The Right Business Opportunity...
1.Research completely the Opportunity before you Buy: This is really common sense, but from my personal experience I have been burned way too many times with get rich schemes which were nothing more than that. However I am wiser from those experiences and believe I can speak from practical experience of what you need to know before you commit. Remember: If the opportunity is too good to be true, more than likely it probably is and you should stronglyconsider other viable entrepreneurial options. 2. Does the Product have True, Meaningful and Lasting Value? You have to understand completely the product you will be eventually selling to your potential customers. This is common sense-but deserves further clarification. If you are selling a product you have real reservation in its value, how in the world are you going to be successful selling something that you wouldn’t purchase yourself? You have to understand the inherent value of the product inside and out and to be able to articulate its value added benefit to your potential buying customers. With all the on-line and off-line get rich schemes these days-you have to really be vigilant and cautious with many of these opportunities which many are nothing more than recruiting pyramid ponzi schemes which are illegal. You have to ask yourself; after removing all the various on-going fees,which are usually monthly and could include membership fees, web-hosting fees, e-mail fees, phone/ fax fees, merchant account fees, drop-shipping fees, and marketing/advertisng costs, after all these fees are removed from your monhtly expenses, does the product stand alone and have real beneficial value? If you can’t answer that question positively-than more than likely what you’ve just signed up for is buying into a recruiting system which is the illegal ponzi scheme I mentioned. I should know as I unknowingly bought into several such programs years ago that cost me nearly $10,000 US.
3. You need to Understand Your total Monthly Expenses: Again this is common sense, but the reason I believe many small home based businesses fail is people not understanding the product, and secondly, not understanding the total monthly expenses you will need in reserve just to stay in business. If you’re considering buying into a franchise like McDonald’s or Pizza Hut, you can expect substantial franchise fees which could be in the hundreds of thousands of dollars just to play the game! Yes these comapnies have perfected the business system model which you will replicate-but do you realize that your ROI return of investment for purchasing franchise type business opportunities is 2-3 years down the road? You need to plan for your living expenses for up to 3 years, plus your business operating costs, hiring staff, etc, knowing you will not get paid a dime for up to three years. Not many people I know or you probably know have that type of start-up capital.
Why I Personally Recommend and Use the Content, Traffic, Presell, Monetization SBI Method-for Successful Entrepreneurship...And why You Need a Website as Well...
There is only one method that I can personally recommend to you regardless of your entrepreneurial pursuits, and that is the CTPM method using SBI . This is the same business I use in my work at home business . You can read more about about SBI and the opportunity before you. CONTENT: With millions of websites on-line these days, you have to make sure your website is visible to the average web-surfer. Let me be perfectly clear, there are no such things as getting rich over night on the internet…those days are long gone... All the major search engines (Mother Google, and Yahoo) are way too sophisticated in their software and mathematical formulas to be able to discern between Content quality websites and the run of the mill scam sites. There is only one sure method that I can recommend personally, based upon my own personal experience that will yield the results and success that you are looking for in a work at home business. It doesn't matter whether your business is affiliate marketing or real estate . If you're looking for the best lead generator for your real estate, or MLM business, I highly recommend veretekk . Veretekk has been around for over 12 years , is highly ethical and honest in its business, and has the best lead generator system bar-none on the internet. They have two membership packages:
veretekk , SBI is about: Content, Traffic, Presell, and Monetization. You can see the SBI case studies and how other SBI'ers are doing. You do not need any special degree, or writing skills to be successful with SBI in your web-based home business. You also do not need to know or understand anything technical about computers, websites or computer code…nothing…
TRAFFIC: OK you've got a great content laden web-site, now what? You need traffic. How do you get traffic? You can pay for it, through advertising (both on-line and off-line), joint ventures, which all requires considerable advertising costs to you...But... if you have a high content quality website guess what? The traffic will arrive on your website because quality content drives the human traffic you need to succeed in your home-business. Put yourself in a website marketer's shoes for a moment: When you want to find something online-What do you do to search? Simple...You enter the in Mother Google or Yahoo or BING, and VOILA Mother Google returns several search terms based upon your initial search criteria. Then what do you do?..... That's right..you then check out several of the searched terms for relevance. You check out the website layout, how easy is it to navigate around the site, etc. Did the website deliver for you what you were searching for? If it did, you explore the site further eventually clicking on links or ads on the site regarding relevance of the item. Then if everything meets your satisfactory, you may sign up for a news letter, or actually purchase a product or service that the merchant is offering. If the site does not deliver, you then explore other sites that meet the same search criteria. PRESELL: OK..you've got a great content quality website, you're starting to see an uptick in your traffic stats, now what? Now you've got to"Presell" your website visitors with what you are offering? You need to warm them up to your most sought after product or service (the sale). What is your "strong>brand of one that is unique to just you-you're unique selling voice? You'll have to figure this out but you have to warm up your potential customers what you are offering them through your value laden professional services, or you can sell others' products, or advertise for other merchants. There are many different ways you can do this. MONETIZE: This is the last step. How do you monetize your site? You're finally here...this is where the rubber meets the road, this is why you've developed your content quality website for your most sought after response from your website visitors. Don't let them be disappointed, provide for them what they want? If you're a realtor and your site is about real estate for example, provide a content laden real estate website that delivers what your customers are seeking-customers for your real estate busines....Because if they do not find it on your website...guess what? Your potential customers will click right out of your site to another website that provides what they are seeking. What's in it for Me...Is this as easy as it sounds?
I receive many e-mails from people asking me how easy is SBI in setting up your website work at home business....This is probably one of the most often asked questions that I receive on a weekly basis. I will attempt to answer this question using a yes and no response. The no part of the answer is your website will not suddenly appear after you type a few key stroke entries into your computer…your web-site home business does not happen over night...It does take time-significant time (on your part) creating excellent content web-pages. After all-this is a real home business-a theme based internet business based upon excellent content that you are passionate about writing to your audience. Writing excellent content is not hard but it does take time and committment on your part... But…. Anyone yourself included can do this home business in your spare time or on a part time basis. So the easy part of the answer is yes…..anyone can do this work at home business. It doesn’t take any special skills (other than your personal desire, ambition mixed with brains, attitude and motivation BAM!) The one thing that I cannot over emphasize is the amount of time and commitment that is required initially in developing your theme based internet business website. It will take a considerable amount of your time…up front initially... But that is all it takes…. If you’re concerned or worried that “considerable writing skills are required to be successful…don’t be. The founder of SBI Ken Evoy has written a terrific book entitled: Make Your Content Pre-Sell This book teaches YOU how to write for the web. The book has always been part of SBI, and is available for free for SBIer’s….but outsiders were previously required to purchase it. But since 2006, this book is now totally FREE for non SBIer’s as well. If someone tells me that they can’t write, or don’t know how to write, I tell them that this is not a problem….and provide this link. You can download your free copy by clicking on this link:
Picture Yourself as an Entrepreneur like Myself-What's Holding You back from Fulfilling Your Passion in Life?.......
The point is you can be doing just what I am doing right now....sharing your passion filled story with the world, your passion in life that inspires you to do what you’ve always wanted to do-and leave the drudgery of the 9-5...world behind, whether you want to expand your rural dental practice or open up your own ebay store, SBI has the results and tools to help you succeed. Take at look at the SBI Action Guide The Action Guide is SBI’s personal road map, guiding you in your home business and advising you what action steps you need to take next as you build your off-line or on-line internet business. The online SBI! Action Guide shows you how to execute the natural, powerful C T P M process, using SBI!'s easy-to-use, integrated set of tools. SBI! even has eLearning eLearning to help you in your web-based business! eLearning isn't just an SBI! add-on, it's an entirely new product that includes SBI! as it's primary component. It takes any ordinary person,(YOU)regardless of your lack of technical knowledge or familiarity, step-by-step through the SBI! experience and "graduates" you with the foundations of a real Internet business for those who prefer not to learn on their own... eLearning is a 12-week online education course that takes you, step-by-step through the process of building your very own successful, thriving Web business-the same Web business that I am doing with my personal goal setting web site. At the end of the course, you will have a work at home business website that taps into your unique passions and experiences. If you think you do not have the time to build your successful entrepreneurial home business, SBI! has a program whereby they will build your own website-click here for details. So either way-it's a win-win situation! SBI! Your home business website will be poised and ready to greet valuable search engine traffic that will be hungry to not only hear what you have to say, but buy what you're PREselling! SBI! eLearning represents a gigantic market of people who learn better in a classroom setting than in a "do-it-yourself", independent study mode. While SBI! itself is tailor-made for the online "do-it-yourselfer", SBI! eLearning is more for the "do-it-yourselfer on a schedule"... How many of these kind of people can you identify in your own life? I'll bet you know quite a few...maybe yourself are one of these individuals... •People who want something better for themselves and their families but just don't have the time to acquire a whole new set of life skills. •Those who thrive on a set schedule, a determined set of deliverables and a road-map to success. •People who need the kind of organization that a only a structured course can provide. Drawing these kinds of comparisons will be the most useful way for YOU to promote SBI! eLearning to your Web site visitors. What are you waiting for? Try SBI for yourself.... Perhaps you're a work at home mom or know someone who is who could benefit from SBI...Maybe you're a student or soon to be retired . The point is SBI is ideal for everyone; whether you're a stay at home mom, student, or retiree to be-you can make SBI work for you...with your time and schedule....Your future awaits, develop the internet business mindset and live your dreams!! I’ll leave with you with this fellow: Ken Evoy, the founder of SiteSell and the creator of SBI. If you have broad band just click on the little picture and he will personally show you around the SBI Video tour or the quick tour if you prefer a shortend version of the SBI video presentation. If you want to see how SBI can benefit your work at home business and grow your customer base, feel free to click here on this link for FREE information how SBI can work with you, to grow your business and your Clientele. Borrowing a quote from Thomas Edison: -because if I can do this work at home business, you can as well! Barring a quote from Thomas Jefferson: "If I find 10,000 ways something won't work, I haven't failed. I am not discouraged, because every wrong attempt discarded is another step forward..."
Remember: ”The only Unfulfilled Goals in Your Life are the Ones you Never Attempt”
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and Expedia , and thousands of countless others, would be house-hold names and generating billions of dollars annually for their respective companies and shareholders from the internet?
