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.

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.

Do You Have What it Takes to Become a Successful Home Based Business Entrepreneur?

Becoming an entrepreneur is a very exciting idea. Being able to do it from home is even better. It provides you the freedom to;

  • Choose something you love doing.
  • Be your own boss.
  • Decide the hours you work.
  • Write your own paycheck.
  • Travel where and when you want.
  • Work around family commitments.
  • Gain a sense of purpose.

What could be better?

But before you jump in head first, here are some things to consider when deciding if a home based business is right for you.

The Key Attributes of a Successful Home Based Business Entrepreneur

Attitude and character determines success. Here are some of the key characteristics of most successful entrepreneurs, which you will need in order to succeed.

  • Lots of energy and a superior work ethic
  • Self Motivated, knowing what you are trying to achieve and WHY is crucial.
  • Prepared to take risks
  • Dedication and determination
  • Be able to relate to all types of people in many different situations
  • Effective decision making skills, you need to be able to make informed, wise decisions even under pressure
  • Focused
  • Coachable, an ongoing commitment to learn and grow is essential
  • And most of all Patience, without patience you won’t give the rest time to work

Some of the Skills Required to Succeed

While these are skills we often use in a daily lives they will often need to be further developed when it comes to running a home business.

  • Organisation
  • Time Management
  • Monitoring (tasks, finances, inventory, work schedules and advertising campaigns)
  • Know when to delegate (even without employees, outsourcing can allow you to focus on what you are best at)

Don’t despair!

Many of these are skills that can be learnt and developed over time. If you are committed to continual personal and professional development you will be amazed what you can achieve!