Business Entrepreneur! For Real?

Striving to be a business entrepreneur can be overwhelming to say the least. You have finally find the perfect home based business or internet marketing business. You get up every morning ready to tackle any obstacle that comes your way. No matter what, this is the business for you and you will make it work.

You put everything you have into your home based business or internet marketing business and it consumes you. You start ranting and raving to your family and friends when things do not go right. They just do not understand. This business has to work in order to support your family, and you are the only one doing all the work.

Everyday, day in and day out, you keep fighting the same battle. You wind up getting frustrated and angry because it is just not working yet. Hoping each and every day that this is the day, this is the day that no matter what I do, my business will explode into success. Finally instead of your business exploding, you explode. You simply have not prepared yourself for this. You were told you could be rich and living on easy street in less than three months. Now you find out it is not working and there is no such thing as a get rich quick business. Never was, never will be.

You need to take a step back and get your vision more clear. When you decided to be an entrepreneur, did you write down any goals, did you make yourself a day to day plan? Or did you just jump right in and with both feet and no plan.

There is a story about what the company IBM did to become a huge success. In the very beginning they had a clear picture of what the business would look like after it was built. Then they thought, what would a huge success company have to act like. Then each and every day they would model after that end vision. Every day they would be devoted to business development, how to build a business.

The same goes for any business you choose. If you truly want to be an entrepreneur and succeed, you need to stop letting the business consume you. Devote yourself to developing the business. Write down your goals and your path to success each and every day. Get a clear vision of how you want your business to be built, just like IBM did. Get a clear picture of how you want your business to look like after it is built. Think of how you will act after your business is successful. And then model that each and every day. By doing this, you will become that business entrepreneur that you set out to be and conquer your dreams.

Business Plan Development Services Guarantee Success

For small business owners experiencing the obstacles encountered by newly developed and struggling small businesses, it is important to recognize the advantageous nature of business plan development. For a business to be successful and profitable, the owners and the managing directors must have a clear understanding of the firm’s customers, strengths and competition. They must also have the foresight to plan for future expansion.

Whether yours is a new business or an existing business in the process of expanding, money is often an issue. Taking time to create an extensive business plan provides you with insight into your business This document can serve as a powerful financing proposal.Developing a well thought business plan is an essential management tool. It identifies potential challenges and provides success strategies. It is critical for planning or operating a for-profit or nonprofit business as well as seeking investors, loans, real estate, or partnerships. Business plans can fulfill a variety of roles:

– The process of putting a business plan together forces the person preparing the plan to look at the business in an objective and critical manner.
– It helps the entrepreneur with starting a business to consider all options.
– It helps to focus ideas and serves as a feasibility study of the business’s chances for success and growth.
– It may show the business is not viable and help realize the idea is flawed.
– It is a strategic planning tool that can be shared with the investors, bankers or other funders, partners, and business development professionals.
– It is a strong communication tool for your business It defines your purpose, your competition, your management and personnel. The process of constructing a business plan can be a strong reality check.

However, the process of writing a business plan can sometimes be a painstaking experience. A business plan is very specific to each particular business However, while each business needs a unique plan, the basic elements are the same in all business plans. To complete an effective business plan you must dedicate time to complete the plan. Essential components include:- Executive Summary

– Company Summary
– Products or Services
– Market Analysis
– Strategy and Implementation Summary
– Management Summary
– Financial Plan including Pro Forma Profit and Loss, Cash Flow, and Balance SheetsRealizing that many small business owners are frustrated and overwhelmed by the process, business consultants have created business plan services that are aimed at making the creation of business plans as simple and effortless as possible.

Business development experts consult with entrepreneurs throughout the planning process, offering a variety of tools and resources to ensure the plan will be successful in achieving its goal.A quality finished product incorporates all necessary elements, including financial forecasts, marketing strategies, color charts and graphs, and is created in the Small Business Administration’s preferred format. Whether you’re seeking a business plan to attract investors, get a loan, or simply determine whether your idea is viable, an adequate planning process will focus your thinking and provide an objective and critical view of your business Realizing the vital role small businesses play in our nation’s economy, business consultants offering small business planning and development services are bridging the gap between a person’s dream of being a business owner, and the reality of opening their doors.

What My MLM Business & Personal Development Have Done For Me

My MLM business and the personal development I’ve done as a part of it have definitely transformed my life. In the last 5 months I’ve made such a dramatic transformation that my self from 6 months ago probably would not believe it, had you told me then.

I have gone from serial entrepreneur to serious entrepreneur in just a few short months, after 8 years of dabbling at businesses on the side.

I finally realized that having a hobby of running businesses would never help me break free of my job. Running non-profit organizations from my home was not the solution to my challenges.

Here are some of the changes I’ve made –

  • How I deal with stress. I don’t take stress and sleep with it.
  • I no longer start my new day with stress that has been building for months or even years.
  • How I deal with daily irritations. I used to allow these to escalate to anger. It is extremely rare that anything irritating escalates to anything more now. This is extremely liberating.
  • How I talk with my family about things I don’t approve of. I can be firm, without getting upset.
  • I never have a bad day, only a few challenging moments. (This is an affirmation I learned from Jeffery Combs, but it’s actually become true for me).
  • I have learned the importance of thoughts. Brian Tracy says we can only focus on one thought, positive or negative. Our choice.
  • By applying the last concept from Brian Tracy, I have dramatically changed my level of happiness and self esteem.

The last two points are so important, I would like to focus on them a little more. The transformation in who I am and in my personal relationships is truly remarkable. This is beginning to seep into to my business relationships and connections as well.

If you would like to grow an MLM business or become a successful entrepreneur, ongoing personal development is the only way to guarantee success. To exponentially grow your profit potential, you should be investing about 5% of your income, time and energy toward growth and personal development. This is about 8.4 hours per week, the equivalent of 2o minutes per day plus 6 hours at some point once, or 3 hours twice, per week. Most of us spend far more than that on entertainment. For a $40,000 per year earner, as I was, that is about $166.67 per month or $5.55 per day. I used to spend more than that every day on just coffee. When I calculated the numbers based on my adult life and income. I figured I was about $20,000-25,000 behind on this essential investment.

I will make this up over the next two years. If I had put the 8.4 hours I mentioned into personal development since the age of 18, that would equal nearly 10,000 hours of personal development and put me close to the level of extreme mastery. With an adult life span of 62 years from the age of 18 to 80, just twenty minutes per day would put you midway between the point of basic mastery (about 5,000 hours) and complete mastery(about 10,000 hours) for most subjects when you reach 80 years of age (around 7,521 hours).

Do you feel like this is worth 20 minutes per day? I believe it’s worth 8.4 hours per week, honestly.

Here’s an even better plan. If you did 8.4 hours per week from the time you are 16 years of age, missing on rare occasions due to emergency, you would reach complete mastery of personal development at around 41, my current age. How do you feel that kind of commitment would make your life different?

If you asked someone like Tony Robbins how much time and money he invested into his personal development, and what his assets are, as well as his level of happiness, I believe the answer would be very interesting. If your income has stagnated for years like mine did, you may be way behind on this. Don’t expect your income to catch up overnight…when you spend three hours reading a self help book that you paid twenty dollars for.

If your MLM business is not growing and producing the results you deserve, you should really take it up a notch with regard to your personal development.

I have made some of the strongest and most important business connections of the rest of my life over the last few months.

These are the key points of this transformation –

  • You can focus on a positive or negative thought, not both. The negative will drain your energy and repel what you desire. The positive will give you energy and attract what you desire.
  • Taking small, consistent steps leads to exponential growth. Don’t overwhelm yourself. It’s better to do something small and never miss. Read some personal development in your required area daily, even if just 15 minutes.
  • Your results today are a manifestation of yesterdays beliefs. Change today’s beliefs to change tomorrows results. (I’ll give Jeffery Combs credit for this one too though I’ve heard similar thoughts from the Buddha and many other enlightened individuals).
  • The Law of Cause and Effect is the foundation underlying everything. To change the effect, understand the cause.

I hope that you will take what I have learned about the value of personal development and transform your life. If you are an MLM business entrepreneur, I hope you will utilize this to transform your business as well, moving into long term relationships and massive profit rapidly.

The Secret Methods of a Home Business Entrepreneur Revealed

There are many people out there that can be considered entrepreneurs and the reason they are known by this term is because they are not afraid of taking risks in order to obtain what they want. Many people have always wondered what are the secret methods of a home business entrepreneur. This article will reveal these methods and also illustrate how these methods can benefit you.

One of the secret methods of a home business entrepreneur is the art of developing your mindset. An entrepreneur spends countless hours, days and even months figuring our ways to become more knowledgeable and also develop a more optimistic mindset. The way you can go about doing this is by dedicating time to personal development. This just means reading positive thinking books and listening to motivational audiotapes. This will benefit in being successful in the long run.

Another undiscovered secret of an entrepreneur is the ability to ignore the risks and reap the rewards. The way that you are able to develop this skill is to focus on the positive of a situation specially if you are looking into a home business. Most people make the mistake of thinking of what could go wrong and this always has a terrible impact in their decision-making when it comes to taking risks.

Remember that these secret methods used by a home business entrepreneur will benefit you and help you be successful in your home-based business. The key is to be consistent in practicing these methods and you will continue to get better and better at it.