Home Business Ideas and Opportunities

Archive | September, 2019

The Hidden Secret To Becoming A Star.

A Star is Made: Where does talent really come from?

Reviewing a new 900 page academic book The Cambridge Handbook of Expertise and Expert Performance that will be published this month, Freakonomics authors report some very interesting findings.

(I highly recommend you read this piece if you have an interest in finding out how a star is made in any discipline.)

Here are three conclusions from this massive work:

  1. The trait we call talent is highly overrated.

That is, expert performers – whether in memory or surgery, ballet or computer programming – are nearly always made, not born. And yes,

  1. Practice does make perfect. And last, my personal favorite:
  2. When it comes to choosing a life path, you should do what you love – because if you don’t love it, you are unlikely to work hard enough to get very good.

They add, “Most people naturally don’t like to do things they aren’t ‘good’ at. So they often give up, telling themselves they simply don’t possess the talent for math or skiing or the violin.”

But the truth is this:

“What they really lack is the desire to be good and to undertake the deliberate practice that would make them better.

Joseph Campbell was right when he told his students, “Follow your bliss.”

And yes, especially in your work. If you don’t love your product for example, chances are you won’t do the deliberate practice it takes to learn how to talk about it so that you get good at it.

If you don’t love SOMETHING about your network marketing business enough to spend the time to learn to do it well, your chances of succeeding are slim to none.

So ask yourself, what do you LOVE MADLY about what you’re doing? Is it making a difference in someone’s life? Is it what the income can buy?

Whatever turns you on, will keep you going.

And if it’s nothing special, perhaps this business really isn’t the best thing for you to be doing. Why NOT love what you do? People can tell if you don’t.

One thing’s for sure in our business: The promise of income is NOT enough. Not for the 95% who drop out, that is.

So what else is there that you love enough or are challenged by enough, to keep you practicing deliberately and systematically, like everyone has ever done who excels in something?

So be consistent in your picked project and you will most definetely start getting results.

Facing Your Fears.

Everyone I have ever talked to that is an entrepreneur has had to come face to face with their fears. I have had to as well. I want to share with you some of the techniques that I have used to face them.

The first step is not to be in denial. You have fears even if you don’t readily acknowledge them. They sometimes take the form of that chatter in the back of your head that says you can’t do it.

Fear is such a huge issue preventing people from becoming entrepreneurs. I have heard from the CEO of a real-estate based network marketing company that even though he has people packing out company seminars, that maybe 2-5% of people will actually go out and apply the knowledge by putting offers on real estate. He is convinced that the rest are paralyzed by fear.

Here are some of the techniques I have used as I learned them from the entrepreneurs I know:

Think about what you do want. When you find yourself spinning the wheels in your mind over and again about your worst case scenario, turn it around and focus on what you DO want.

Visualize yourself getting what you do want. See the new house. See yourself talking to the interested person as they become a part of your business. You get what you focus on.

Change the voice. When you hear yourself telling you that you’re not good enough – you’re going to fail. Just change the voice from yours to that of Mickey Mouse or Jim Cary or something that would hold little weight with you anyway!

Who cares if Mickey Mouse thinks you’re not good enough? Is Mickey Mouse an entrepreneur?

Voice them to a trusted friend or associate. Hopefully you have been able to find some level of support from at least one other entrepreneur. Ideally, you have a significant other that supports you. If not, then you should have some kind of support network from your team, upline, or corporate that you can talk to.

Some people may tell you that it is silly you could even believe that you’re not good enough. For me, my wife has been a constant source of support. However, don’t go looking for support to all those people who doubted you and told you it was crazy to go out on your own.

They will never understand the entrepreneur.

Have a personal development library. I draw tremendous support from my library. It is not just filled with how to resources, but also stories of others who conquered their fears.

I couldn’t begin to list the many sources I have, but if you email me I can recommend something based on your own description of your circumstances.

Go ahead and do it. Sometimes just making the smallest step will help get you going enough that the fear of not doing something can go away. An example would be neglecting to write an article such as this one out of fear of failure.

Just starting it can create enough momentum to see it through.
Visualize the result, but make the action the goal. There is a subtle difference here for the entrepreneur. Of course you want the result, but maybe that’s not in your direct control.

Visualize the result in your mind, but make your goal the consistent and persistent action of the entrepreneur. The action will eventually produce the result and you can certainly achieve that goal.

Never, ever quit. I hate to even use that word. If you do quit, you cease to be an entrepreneur – otherwise you’re not beaten, you are moving ahead.

The more time you devote to your fears, the stronger they become. So STARVE the fear of its favorite food by removing time from its menu.

Are You Ready To Start Your Own Business? The 4 Key Questions You Must Ask

Every year millions of people answer “Yes” to that question and every year that answer costs many of them money, time, confidence, and heartbreak.

The Small Business Administration estimates there are 580,900 new small businesses opening each year and that number does not include the small one-person entrepreneurships that pop up every day.

However even if you are your business’s sole employee then there is still something to be learned from the SBA’s numbers.

According to the SBA, two-thirds of new businesses survive at least two years and 44 percent survive at least four years. Two of the key factors in the businesses survival and ability to thrive: the owner’s education level and the owner’s reason for starting the firm in the first place.

How can you make sure that you are among the winners rather than the losers in this high stakes game? The answer is inside of you. You must ask yourself four key questions to determine whether your own small business will survive and thrive.

  1. Are You Ready

Have you mentally prepared yourself for the switch from employee (or student or whatever label fits you currently) to boss. You are going to be the one making decisions now about everything from office products to product line. This total control is one of the driving forces behind many people who take the plunge into starting their ownbusiness but it is also one of the elements that drives new entreprenurs crazy.

When you start out there is an endless list of decisions that need to be made and new questions crop up every day.

Even more important you will need to remember that in a small business you will wear many hats. Even if you manage to start out with one or more employees you will each fulfill more than one role in your new business. And if you are running a one-man or one-woman show then you serve in every capacity from file clerk to maintenance crew to salesman to CEO.

Can you handle switching from task to task and role to role like that? Are you willing to make those switches?

Similarly, have you prepared your family and friends for this switch in attitude. Your life is going to change — probably pretty drastically — and that change can have a positive or negative impact on your family life and social interactions.

It will make things much easier if your friends and family are supportive going into the process.

  1. Where Is Your Niche?

Have you identified your niche yet? One of the reasons many businesses fail is that they fail to focus on a target audience. Yes if you are a major discount chain then you can sell everything from peanuts to wallpaper but this type of business requires vast resources that just aren’t available to the small business.

But small businesses dominate the marketplace (creating more than 50 percent of the private gross domestic product last year) by finding a different approach — a niche.

Knowing your niche means you are better able to find, target, and maintain your customers as well as provide the best possible goods and services to that customer base. That focus is one of your best chances to not only survive but to thrive in a very competitive marketplace.

  1. What Is Your Plan Of Action?

Another key factor in the survival and ultimate success of your business is how much planning you do before you open your electronic or physical doors.

You need to decide if your business will be based on the internet or include more traditional models. Are you going to work full-time or part-time at your new business? Are you going to hire help or go solo? Have you written (or at least outlined) your business plan?

Dreaming, thinking and planning can save you much trouble and waste later when things are hectic and problems strike. Planning can also help keep you focused and to balance your spending and time.

  1. Who Are You Going To Call?

At some point, no matter how experienced a business person you are, you will need help. You will need support, advice, tools, or information — or all of the above. One of the beautiful, and most frightening, aspects of growth is that it can lead you to places you never imagined.

No matter how much planning and experience you bring to your new position as CEO the unexpected will arise. How will you cope with this? It is important to recognize that no business is an island.

It is not failure to seek help. Failure is when your business shuts down because you didn’t get the help you needed.

The best way to get timely help is to work on your support system while you work on building your business. That way you will already have a ready list of resources available that you can quickly tap into when emergencies strike. In today’s world there are many marvelous resources available to you no matter what your business model may be.

These include:

~ Publications (newsletters, magazines, books)
~ People (professional advisors, mentors, teachers, consultants)
~ Networks (organizations and forums in your niche as well as general business and marketing)
~ Education and training (tutorials, courses, and seminars)

After you have answered these four key questions you are now ready to ask yourself that one big question again — are you ready to start your own business?

Again, you will find some proven ways to start your own venture in this site by checking out the banners around.

Home Business Ideas and Opportunities

Powered by Plug-In Profit Site

Plug-In Profit Site