In our writings we cover a lot of practical issues about working in a home business. There is also another aspect. That of aspirations. What we want out of life. There is a lot of emphasis on goal setting when people start to get definite about what they want. However, it is not always easy to come up with specific goals until you are actually in the home business and experience its potential.
What we suggest as a starter in developing your goals is to look at what the term "Best of Both Worlds" conjures up for you. For some of us it is a safe job and lots of time with the family - because generally when we have a safe job we usually have to work long hours to make sure it is secure, hence little time left for the family. Others want to make a lot of money and have lots of free time to pursue their interests and hobbies. Again, unless we inherit or win the lottery, to consistently make a lot of money it takes lots of effort, time and total dedication with little time for anything else.
We came from a situation of having made very good money running a software business, then investing in others while we semi retired. It didn't work because we weren't actively monitoring the businesses or the people we invested in. So we looked at what we wanted, our "Best of Both Worlds" - is to be hands on again in something we enjoy and have the freedom of living like we are semi retired. That means having the freedom to take days off when we want, have the money to travel, be home after school and on school holidays for the children. So that's what we looked for. A business we could run from home, marketing products we could relate to and with the potential for travel and the structure to make multiple 6 figures per year with ultimate goal of making 7 figures.
With that in mind we searched for an internet business, followed up franchise opportunities in magazines, went to business exhibitions. We concluded that the best opportunity with our requirements was to learn to be network marketers. Robert Kyosaki sums it up best - network marketing is the only opportunity which has a very high upside, low entry point compared to brick and mortar or franchise businesses, and have the added advantage that the Company provides the product, packaging, warrant, guarantee, delivery, invoicing and most of all comprehensive training.Tony Robbins is also a great proponent of home based network marketing.
We have been in our network marketing home based business specialising in personal development for two years. All that Robert says turned out true for us. That is because we delivered our part of the bargain. We were prepared to learn new skills, we stay consistent in following the company training and system and we have been diligent in working our business to the best of our ability, never dropping the ball on quality and service.
So when you are considering looking for a new way to work, live and play, ask yourself what are the "Best of Both Worlds" that I'm or we are looking for.
From the Desk of
Richard & Kerrianne Cartmer-Edwards:
Home Based Business Mindset
Fundamentally the operation of a home based business is similar to a traditional bricks and mortar business. You need a product or service, communication skills and communication technology, computer, telephone, marketing, promotion and a great desire to achieve. That is the same in any business on the planet no matter if it is in the AMP tower overlooking Sydney Harbour, or a factory in Wollongong, or selling seconds out of a truck at a market.
The most significant difference about starting and successfully running a home based business is your mindset. Your personal belief system comes right to the fore. Why, mostly because you are the owner and the driving force of the business. The buck stop with you. That is why it is imperative that you choose a home business that you like the look and feel of, you like the products or service, use them yourself and promote them from a place of total integrity.
You mindset has to one of expecting others to see what you see. If you are into personal development and have seen or read The Secret then you will appreciate that we attract what we think about most. It is a long held view that we all grow to the level of expectation our parents imposed up on us. This has proven to be a good thing but at times has also been a disaster. However, when we set the expectation on ourselves and others we are driving towards our desired results.
If coming from a job there is a major shift in Mindset required. The mindset that makes a successful employee is not going work as well in a home business. An employee needs to be compliant, fit in, not rock the boat, work diligently towards the next promotion or payrise. Inevitably there is a lot of being used to accepting the boss, or the department head is right or must be followed.
In a home business you are the boss, you are the business owner. As long as you act ethically you are not obliged to follow other peoples agenda unless it suits you. You pick and choose your suppliers. You can filter your potential clients - not everyone is suitable for the things you are promoting. You choose your hours and how you promote yourself. You start to develop the mindset of an independant decision maker. Well and truly the buck stops with you. It can be a big jump for some of us.
It is a jump we must make, because we need to accept that we are in a serious business that can have a significant impact on our lives. Therefore we need to have a plan and then take action constantly, without being concerned what our "supervisor" thinks. For we have no supervisor.
When choosing a home based business it is important to enquire whether there is mindset and personal development training as well as product and marketing training. The wonderful about taking the step from employee to home business owner is that it will challenge you to become the best you can be, and then better again. As you get better at what you do and how you run your business then the business grows - and a growing business is a good barometer for how much you are improving handling the business and this spills over into your private life as well.
So if you are ready for change and challenges that will force you to grow as an individual then he right home business may be just what the doctor ordered. A good dose of "working from home"!!!!
From the desk of
Richard & Kerrianne Cartmer-Edwards:
Networking for the Home Business Owner
Networking can be an important marketing tool for any business, but it’s particularly important for the home-based business owner for two reasons.
The first reason is that as many business operators will tell you, a large portion of their work comes from personal referrals. Referrals don’t just come from people you’ve completed work for – they come from people you’ve met and handed your business cards to. When someone you’ve introduced yourself to hears someone say they are looking for a person with your skills, there’s a good chance they’ll say “I know someone who does that...I’ve got their card here”. Networking generates referrals!
Not everyone has a social nature. Certainly many people who choose to work from home rather than in an active workplace environment may not like the idea of attending functions to network. Even if you’re not inclined towards personal networking, you should attempt it. Joining a local small business association is a good start – you’ll meet some like minded people and you may even begin to enjoy networking!
Another good reason a home business operator should network is simply to get out and keep in touch. When you first switch from a traditional workplace environment to your home office, you might find it a little isolating. If you work alone all day you may feel you’re missing out on the chat and gossip at the office. If you’re used to an active and interesting workplace, you might find working alone quite boring. Another thing you may miss is the support and information previously provided by colleagues. Some of this can be replaced by networking.
Networking Options
Joining industry associations is a fabulous form of networking. Not only does it offer you contacts in your industry, it will also help you keep up with changes and trends. Most professional associations have electronic newsletters and you may also be able to access member discounts for products and services relevant to your business.
If you’re not comfortable with personal networking, you’ll find entire communities of people like yourself networking online. There are forums and online groups you can join and many of these are related to home business enterprises and groups. Among these, you’ll find forums and groups for affiliate marketers, work at home mums, marketing and website workers, writers, and many more. By joining one or two of these groups, you may be introduced to a great network of people that can answer questions when you get stuck, give you the benefit of their experience or simply have a chat when you need a break from your work.
You can combine “social networking” with business networking by signing up to sites like Facebook and Twitter. Sites like Twitter can also provide you with a wealth of information about the types of work people are doing from home and how they’re doing it. You can get to know your competition – and even chat to some of the friendly ones!
As a home business owner and operator, if you can make networking work to your advantage you might find you begin to enjoy it. Whatever options you choose, we wish you the best of luck!
From the desk of
Richard & Kerrianne Cartmer-Edwards:
Take Total Control of your Life!
Do your family and friends often refer to you as a “control freak”? If the answer is yes, then it’s likely that you would find the idea of running a home based business very enticing. One of the biggest advantages of running your own business from home is that you are in charge of everything and you are in control.
Another reason to look at taking control of your life and work is if you’re a no-nonsense hard working individual and feel you would love to throw all your enthusiasm and energy into your own business. If you cannot abide office politics or colleagues who expend more effort avoiding a task than it would take to do it, then a home based business is the one for you.
No matter how appealing you find the idea, think long and hard before stepping out of your paid employment. Whilst the idea of total control is very appealing, the down side of running your own business is that you will also be solely responsible for every aspect of it. Your familiar job title will be a thing of the past. Unless you have significant financial resources and plan on outsourcing some tasks, you’ll be wearing all the hats.
If the thought of this makes you panic, relax and think about it a little more. Make a list of the skills you might need to operate your business. If you are lacking in any areas, go in search of the knowledge you’ll need. If you have no marketing knowledge, do some research and start looking at what other businesses are doing. You might even find you can enroll in a basic marketing course to learn a little about it and gain some confidence. If the service you will be offering from your business is one other businesses (such as an accountant) might use, why not offer them a service swap?
Once you decide that a home based business is for you, begin to plan ahead. Unless you have plenty of back up savings, don’t leave a paid job before you are ready and reasonably confident you can generate an income from home. If you are able to, start your home based business before leaving your employment, and work on building up your clientele part time. Alternatively, if you can afford to do so, consider dropping your employment to part time so you can start spending time on your new business. Decide exactly how you will approach building your home business up and make a plan, listing the steps you need to take to achieve you goals.
Having a home based business certainly gives you a great deal of control over your working day, your work environment and your life. You may have to work hard but just remember that even though you can end up doing tasks you don’t particularly enjoy, you’re in control!
From the desk of
Richard & Kerrianne Cartmer-Edwards: