With so many people trying to make money online the ratio of failure is heavily lopsided. In companies such as Empower Network it's easy to find sales pitches from affiliates who are enjoying success but what you don't often hear about is the flip-side of that coin.
The first rule of internet marketing, or any type of self employment for that matter, is that far more people actually fail than succeed. While it's nice to read rags-to-riches stories, if you truly want to achieve your goals you must also be prepared to look at the potential downsides. There are a few important decisions you need to make before attempting to become your own boss. []
For the most part, online entrepreneurs and affiliate marketers tend to get so caught up in the excitement of finding a new home business opportunity that they overlook the most important part. You cannot become your own boss if you don't even set out a business plan. Jumping in head first is an approach which generally ends in failure.
So, what are the most important things you should think about before committing to life as an entrepreneur?
* What type of timescale do you have available to work on your business?
* Do your current finances allow you to do this properly?
* How determined are you to learn new things?
Those three steps will help you to evaluate just how much of your excitement is genuine. Despite the fact that several work from home opportunities like to bill themselves as things you can do at your own leisure, the fact is you won't see any great results unless you are very serious and prepared to put in the work.
You need to take the same approach, because the only real difference here is that your business is based online instead of in the high street. Once you get past that common mistake it becomes far easier to see things as they really are. Let's take a brief look at the three main points shared above to help you decide whether you would become another failure statistic in this, or any other, home based business program.
Let's talk timescales here. How much time do you really have? This isn't something that's going to create a life changing income unless you are able to work at it consistently into the long-term. Do not be tricked by those who claim to have changed their lives with five minutes of work per day. Realistically you should be able to free up around sixty minutes per day.
Secondly, what are you finances like at the minute? If you are trying to generate an online income as a last resort or a quick fix to your financial situation you won't like what you see. This is the most common reason for failure in the MLM industry.
Finally, how determined are you to actually do this? The internet has an uncanny ability to make things appear easier than they really are. When looking at any home business opportunity it's easy to see claims of instant riches and money for no effort. But the reality isn't like that. If you are going to succeed you'll need to learn how to market and grow your business in the same way you'd learn if you had a high street business. Does that sound like something you would be interested in?
While online businesses like Empower Network often publish success stories of people who taught themselves how to make money online, it is important to look at those who are not seeing results and discover why. More people are failing than succeeding, so bear that in mind. If you made it through today's three questions without any negative results then there is a good chance you are ready to tackle the world of home business.
The first rule of internet marketing, or any type of self employment for that matter, is that far more people actually fail than succeed. While it's nice to read rags-to-riches stories, if you truly want to achieve your goals you must also be prepared to look at the potential downsides. There are a few important decisions you need to make before attempting to become your own boss. [
See how Russ Howe became established in empower network here.
For the most part, online entrepreneurs and affiliate marketers tend to get so caught up in the excitement of finding a new home business opportunity that they overlook the most important part. You cannot become your own boss if you don't even set out a business plan. Jumping in head first is an approach which generally ends in failure.
So, what are the most important things you should think about before committing to life as an entrepreneur?
* What type of timescale do you have available to work on your business?
* Do your current finances allow you to do this properly?
* How determined are you to learn new things?
Those three steps will help you to evaluate just how much of your excitement is genuine. Despite the fact that several work from home opportunities like to bill themselves as things you can do at your own leisure, the fact is you won't see any great results unless you are very serious and prepared to put in the work.
You need to take the same approach, because the only real difference here is that your business is based online instead of in the high street. Once you get past that common mistake it becomes far easier to see things as they really are. Let's take a brief look at the three main points shared above to help you decide whether you would become another failure statistic in this, or any other, home based business program.
Let's talk timescales here. How much time do you really have? This isn't something that's going to create a life changing income unless you are able to work at it consistently into the long-term. Do not be tricked by those who claim to have changed their lives with five minutes of work per day. Realistically you should be able to free up around sixty minutes per day.
Secondly, what are you finances like at the minute? If you are trying to generate an online income as a last resort or a quick fix to your financial situation you won't like what you see. This is the most common reason for failure in the MLM industry.
Finally, how determined are you to actually do this? The internet has an uncanny ability to make things appear easier than they really are. When looking at any home business opportunity it's easy to see claims of instant riches and money for no effort. But the reality isn't like that. If you are going to succeed you'll need to learn how to market and grow your business in the same way you'd learn if you had a high street business. Does that sound like something you would be interested in?
While online businesses like Empower Network often publish success stories of people who taught themselves how to make money online, it is important to look at those who are not seeing results and discover why. More people are failing than succeeding, so bear that in mind. If you made it through today's three questions without any negative results then there is a good chance you are ready to tackle the world of home business.
About the Author:
Further Details: Russ Howe is now a world leading Empower Network sponsor. You can view his thorough and honest empower network review in today's video clip, which covers the aspects of the home based business industry which prevent most affiliates from succeeding.
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