“Treat your business like a business and it will pay you like one… treat your business like a hobby and it will pay you like one”
It’s easy to fall into the trap of treating your new online business or Direct sales or Network Marketing business as if you are just “testing the waters”. Perhaps someone sold you on the dream of easy riches so you are spending an hour or two here and there expecting the money to start rolling in magically?
While I am all about big dreams and leveraging the internet to build a business in less time, the truth is that no matter what business you are in, whether it is online, traditional brick and mortar or door to door sales, you can’t get something for nothing and you do need to have a plan of action and treat your business like a business. Here are some things to consider:
Crunch the numbers
Know what is coming in and coming out. Make a plan as to what you want your revenue to be withing the next three months, six months, a year and five years. What do you need to do this week to achieve your goals? How many new customers do you need? How many new leads a day will help you achieve this? What will your expenses be? What hours do you need to put in?
Speaking of hours….
Set office hours. This isn’t a hobby. Make sure your family members and your customers alike, know exactly when you are working and when you are not. Just because you work online or work from home does not mean that you aren’t working. If you were running a store, you wouldn’t close the doors mid-day to watch Oprah would you?
Back to the example of Network Marketing, it is understandable that many Network Marketers are still working full-time hours at their day job while they build their businesses. (What an awesome business model that is to be able to do so, by the way), however that does not mean that you can’t or shouldn’t put in the hours to build the business you set out to build. 20-25 extra hours doing productive income producing activities in a time span of a week is doable. That’s over 80- 100 hours a month dedicated to working at your new business. It’s not impossible . You will reap the rewards if you put in the time.
Take Daily Action
It’s easy to get stuck when you are just starting out. Uncertainty, lack of immediate results and fear can often lead you to a standstill … but only if you let it. Take daily action, however small. Always move forward and you will get through the stuck points. There’s nothing that activity won’t solve.
Treat Your Business Like A Baby
The metaphor of a business like a newborn baby rings true. At the beginning, your business needs constant attention and nurturing. As the business grows and matures, it will to a degree sustain itself and you can step away a bit while still keeping watch.
Success Is A Decision Away
These aren’t just nice words meant to motivate and inspire. Success truly is a decision away. Once you decide with conviction that your business is a business, that it is not a hobby, that you are in it for the long haul… trust me, everything will fall in place. Decide on what you want in your future and take the steps to necessary to achieve it.
To your success,
P.S. Not all home businesses involve recruiting and building teams. If you have not had success with that model and that’s of no interest to you, that’s O.K – it’s not for everyone!! Click on the Orange image below and learn about the e-commerce business I started that had me making sales in 24 hours with no recruiting!