Archive for April, 2010

You May Need To Change Your Mind.

work fro home, mlm, home-based businessMy Friend Jenny spent nine months building a jewelry business which took up so much time and energy that she was constantly in a state of
exhaustion.

Though her profits were marginal, she still loved the idea
of working from home and continued her exploration until she found
her perfect business.

If your business is not working for you or you’re not happy with your choice, it is okay to try something else. Many  successful business people didn’t find success with the first business they started. That’s okay.

My friend June joined a wellness company as a coach. She tried two other home businesses before she found her fit. (She teases she also didn’t have the benefit of my book or she would have made better, smarter choices.) She attributes her prior lack of success to the reality she was never passionate about the products and she wasn’t very good at sharing those  businesses with others.

Consequently, she failed to make any money. She accepts responsibility for her lack of success. Now she says she doesn’t think that she could ever go back to a traditional workplace because she has been home for five years; she loves the freedom to make her own decisions to grow her business how she chooses. She loves working from home and feels most comfortable there.

Today was incredible…..a day that makes life worth living……So what if anything made it different from my not so hot days? Truth? My attitude. What’s going on in your life? What do you do when you fall down? Where is your attitude at?

Are You Scammable? Hint Most People Are!

MLM,MLM SUCCESS, home-base business, work from home, networking businessEvery day I am contacted by someone concerning some new business venture they would like for me to evaluate. Many have been victimized by scammers and are searching for the real deal. You should start your journey by educating yourselves! Be your own advocates. I will supply some great resources in the upcoming posts that will be invaluable to you that are thinking of working from home.

Beware…yes scammers are looking for you and will entice you with promises that are empty. Let’s look at the Top 10 Work At Home Business Scams from www.scamAlert.com

The FBI reports Web fraud claims rose sharply in 2002. In fact, they *tripled* from a year earlier.

Home-based business and work-at-home opportunity scams rank very high on the list of the top types of Internet fraud. We will focus on the Top 10 home-based business/work-at-home scams. We’ll give
you the straight goods on envelope stuffing, medical transcriptions and other common home-based business “opportunities” you may have seen floating around the net. I will also give you some important
tips you can use to kick the tires of any online job offers or business opportunities you find so you can protect yourself from those that are scams. There are two basic types of scams involved here.

Scammers using both types are aiming at folks who want to make money from home.

Having you work from home, doing envelope stuffing, craft assembly, or other tasks where you are (supposedly) paid by a company as an employee. There are certainly some legitimate telecommuting jobs, but work-from-home jobs are often big scams.

Before we go any further, a sobering quote: “There are very few legitimate [work-at-home job] opportunities available,” says Beverley Williams, President and Founder of the American Association of
home based business.
“Helping” you start your own home-based business, as a mystery shopper and some network marketers, or other businesses where the only money anyone sees is the scammer’s pocket. Certainly, there are LOTS of legitimate businesses that can run from your home. We’ll help you figure out which are Real Deals — and
which are just scams.

Why Are These Scams So Successful?

It all comes down to psychology. Besides the “make money fast” dream that many Internet newcomers fall prey to, home-based “opportunities” scammers mooch off the following groups. Perhaps you belong to one or more.

1. The Sick, Disabled, or Elderly: If you are elderly, ill, or have a disability, you may have problems landing a traditional job.

2. The Stay-At-Home Mother: Whether you have a spouse or you’re single, you may be looking to supplement or create an income while raising children.

3. The Low-Income or No-Income Family: You or your spouse may have just lost your job and you feel desperate and anxious to find work as the bills pile up.

4. The Person Without Higher Education: You’re not stupid or dumb — you just didn’t go on to college or university.

To summarize, these scammers are often preying primarily on the sick, the disabled, the elderly, the unemployed, parents, and people without a lot of money.

In our next post we will look at “The Top 10 Home-Based Business/Work-At-Home Scams”.

Getting Down To Real Deal Business

mlm, mlm success, home based businessImagine you’re sitting in a four-star restaurant. Your surroundings are
opulent and the food is renowned. You’ve been looking forward to this for months. You saved for the occasion, even bought a special outfit. You ordered from the fantastic menu, and are anxiously
awaiting your sumptuous choice of seafood and steak.

Your waiter appears resembling a penguin. With a grin, he sets down a basket of hot steaming rolls, and deposits your plate in front of you with an artistic flair, cautioning you that the plate is hot. If you’re like
most people, and I’ll bet you are, you get that warning and yet still you touch the plate and hiss “ouch that’s hot!” Same thing if someone says that this food tastes awful. We pass the offending food around the table encouraging others to taste the awful food. It seems to be human nature. We have to find out for
ourselves.

I see the same phenomena all the time among women looking at home-based businesses. They’ve been warned about scams. And they either ignore the warnings or they go ahead and fall for the same
scams regardless. Why do people have to find out for themselves?

Do they think that they’re smarter than everyone else? Or is it just wishful thinking? The claims sound so good. We really want them to be true. We want to believe that this time, someone will pay us $10 to lick envelopes and Bill Gates will really send us $10,000 for forwarding an e-mail. It would be so wonderful, if only it were true.

All the women and men that I know who are successful in their home businesses all achieved their success through a lot of hard work. So next time you’re considering sending money to someone who’s making outrageous claims, stop and think. This time will not be different; what’s a scam is always a scam. Use common sense. If it sounds too good to be true, it is too good to be true. Before you get burned, just remember- the plate is hot!

First, a few questions from Eastern Europe for you all. Take a minute to seriously consider each:

Envision the 5 books that have most impacted your life. How would your life be different if you’d never read them?

Where might you be today if you’d never met the most influential teachers in your life, past and present?

How would your options be affected if you could never again read a book, menu, or sign?

Here is the huge competition Tim’s been promising. It’s the biggest he has ever done, and there are some incredible world-famous people involved. You won’t be disappointed:

If you’d like to support this idea, please take a second to vote for it here. Be sure to see the “prizes” section — how could you get into the 10K Club if you had to?

Underdogs Can Overcome! Can you?

You were born to win…so are you….winning?

In our last post Susie asked herself a series of important questions all leading to….KNOW EXACTLY WHAT YOU WANT – Be specific in your passions, then focus all your efforts on that particular desire.

I gave the questions in this post to another friend looking for a business, my friend Sally. After answering the questions, Sally determined that she certainly wanted to work in a people oriented industry, where she could develop close friendships, create a sizable stable income, and she could find a mentor to follow in their
footsteps. She looked into franchising and almost passed out when she discovered the investment to get started.

She checked out some ads in the paper to purchase an existing business, however again she did not have the start up capital. She was still hopeful and prayerful that the right opportunity would present itself.
Sally had an acquaintance that invited her to join her cooking supply company that sold products like bakeware, dishes, and unique kitchen utensils as a part-time money making opportunity.

Here, it’s critical to do your homework, make sure the company is legitimate and the income potential it promises is realistic before you commit your time and money. Sally was excited. She asked her best
friend to book a party. She sent out invitations. She spent two hours doing a presentation and sold $350 worth of product to her guests.

Sally, in turn ordered the products for $265 including handling charges to the parent company, leaving her a balance of $165, after all was said and done and all the products were delivered to her clients.
She spent a total of five hours or so doing it and the hourly income of $165 divided by those with five hours of work came to $33 per hour.

She was pleased with her net, as she did not have the education to command a high hourly wage, and it was three times what she made at the restaurant. If she continued to get better, she could bring other
women in and receive an override. For Sally, it was a good fit.

On the upside, it was relatively inexpensive to begin her business. She did prepare to buy presentation supplies, inventory, brochures, order forms and other additional paraphernalia the parent company
had available for her to grow her business. She has had several less successful parties, where she barely covered her expenses, however overall, Sally has been content with her income from her business,
though she looks forward to making more.

To be successful with this business model, you will need to be very assertive and extremely persistent in your attempts to persuade your friends, family, and former colleagues, to book parties, demonstrations, or better yet, sign them up as distributors themselves.
We will take a closer look at this in the next few posts as to how you might be misled by the marketing of these companies.
We will look at some of the advantages, disadvantages, and concerns of the two business models, and use the checklists that will help you determine whether a company is a good fit for you.

In our last post we discussed that It’s essential that you like your new business because if you don’t, you won’t succeed. There is no one that’s going to push you to get to your desk by 9:00 a.m. There’s no authority figure to answer to…..you’re it.
In this post I will help you get started by asking you to pinpointing your talents, skills and personal preferences.

Here’s an example of how it works:

Susie was a restaurant manager before she had her daughter. She
enjoyed working with customers, and she loved the activity and the
excitement of working in an upscale restaurant. She loved the food
they served and the unique themed atmosphere.
Susie had a high school diploma, but she wasn’t sure how those skills
and interests would translate into a home-based business. So like
Susie ask yourself the following questions
• What makes your heart beat with excitement?
• What makes you happy?
• What are you constantly thinking of day and night?
• What do you want to do with the rest of your life?
• What do you enjoy doing?
• What are your obsessions?
• What things make you jump for joy?

Write down ALL your possible answers to the above questions. Write
down everything, no matter how silly or unimportant it seems. When
that’s done, go back and circle five to seven items that interest you
the most. Then evaluate and make your business decisions taking
into account your heart’s desire tempered with a liberal dose of
rational decision making. Remember, this may be the primary thing
worthy to spend your time and resources on… the thing that brings
out the best in you.

Now you may wind up with a dream like my friend Cynthia, who said
to me “I LOVE football and especially the Bucs….and want to be a
Tampa Bay Bucs cheerleader.” Cynthia is fifty-five, mega top heavy,
and a chain smoker. (though she does do a pretty authentic “Aye
matey”). That’s about the extent of her qualifications. We both had a
good laugh and explored other options. This is where you can get
creative. You could do something related to football or sports. How
about starting a sports publication? Or perhaps a sporting goods
retail business, sports memorabilia business, or even a gym could be
the answer. You can always read books and surf the net to help you
in your search.sie, ask yourself the following questions.

The most important thing to remember, no matter how “pie in the sky”
it seems, is to USE YOUR HEART. Others may disagree with you,
but you should be firm with what you really want. Others may offer
comments or advice, but the final decision is always yours to make.
You should concentrate on what you want, not what others want.
Remember you only get one shot at living your life. There are no
replays and you don’t get to do it over. You may not do it right, but at
least you’re doing it. Too many lives have been lived in quiet
desperation waiting until – until they had saved a nest egg, until the
children are out of school, until they retire, and they depart this life
before “until” ever arrives.

Don’t go to sleep tonight without making a decision on WHAT YOU
REALLY WANT IN LIFE MORE THAN ANYTHING ELSE.
Then spend a few days evaluating how to make it possible and make
a living at it. Begin living every day as if it were the last day you had –
never leaving anything to be done next week, next month, or next
year.

There will always be bills, things will always break down eventually
and need replacing, there may be storms and earthquakes and
repairs – but there will only be one life for you to live. It can’t be put
on “hold”! The final outcome of your efforts may be in the future, but
you’re living each day by taking steps toward that outcome.

In our last post we looked at personalities and how we have distinct profiles and are hard wired to be either introverted or extroverted and how that can determine if you are suited to succeed in a home based business.

The second part of the Investigating Phase is looking at your business options. Consider the following:

  • Do you like to work with your hands or brain, or both?
  •  Does working indoors or outdoors matter?
  •  Are you good at math, writing, puzzles, blueprints, installing things or fixing things?
  •  What interests you? What are your hobbies?
  •  Do you like to work alone or as part of a team?
  •  Do you like to plan things, or go to events?
  •  Do you like machines, computers?
  •  Do you like to drive or operate equipment?
  •  Do you like to travel, collect/display things, give/attend shows, or take pictures?
  •  Are you small, large, strong?

Make a list of your likes and dislikes. Keep a diary of things you do that relate to business, and rate each entry from one to five based on your interest. Then prepare a list of your strengths, weaknesses, opportunities and concerns. After doing all that, you should have a list of candidate businesses that are right for you. Then you can make a list of the “candidate businesses” and rate them from one to five based on your own chosen criteria.

 Some criteria could be: is it feasible, low in cost to establish, meets my objectives, will make money, there is a “niche” market of existing customers, or it will produce residual income to name just a few.

By the time you’ve accomplished all that, answer these questions to help you think about the reasons that you want to work at home.

  •  If I choose to work at home, what is the best thing that could happen?
  •  What is the worst thing that could happen?
  •  What things are stopping me from working at home?
  •  How will my family and I benefit by starting a home business?
  •  Why do I really want to do this?

Now, to help you determine if you’re well-suited for working at home, ask yourself these questions.

  •  Do I have the self-discipline necessary to work on my own?
  •  Can I afford to get along without an income until my business is established?
  •  Will I be able to work efficiently and keep my business paperwork organized?
  •  Will I be able to handle the isolation that comes with working on my own?
  •  Am I willing to get the training I need, take classes, and attend seminars that are necessary to run my business?
  •  Can I figure regular working hours into my daily schedule?
  •  Do I have a network of friends and family who will support my business and me?

Sarah is a fifty-four year old woman who had spent eighteen years as a vice president for commercial lending institution and had reached burn out. She was overworked and underpaid. Stressed to the max, overweight and undernourished, all the result of the steep demands that her career imposed upon her. When I first met Sarah, she had all the qualities that you would look for in an entrepreneur. She was a self-starter, and she had wonderful skill sets, but she was so deep in credit card debt, she did not have a card available with enough of a balance that would allow her to finance her business.

That would’ve been enough to stop most women. I asked Sarah how she would find a solution for her financial problem if she continued to do what she was doing? That question was the catalyst to springboard Sarah with enough momentum to make a decision to find the solution.

The first thing she did was to determine what she owned of value that she wasn’t using any more. After rounding up all the unused items in her home and putting them all on eBay, she netted herself $4872.00. Her creative divestment of all her unnecessary stuff provided the funds to invest in her new business.

This question could be a viable concern for you- where will I get the money to start my business? And how long will it be until I can actually make money? How will I know the right business to choose?

And these are all great questions.

A recipe for success is simply a combination of what you’re good at, what you enjoy, and what you know. These are starting points that are essential in your recipe for success. It’s essential that you like your new business because if you don’t, you won’t succeed. There is no one that’s going to push you to get to your desk by 9:00 a.m. There’s no authority figure to answer to…..you’re it.

If you are leaning towards the MLM business model, upline support systems or teams are often in place to help you with the transition into business. We will take a closer look into those systems in later posts. Traditional or MLM…. We will look at questions that  will help you get started by pinpointing your talents, skills and personal preferences.

In our last post we looked at reasons for wanting to start your own business. Lets take a look at the  Investigation Phase,  and also your business options. There are businesses & careers that are suited to personality types, so the first thing you must discern is “Which personality type am I?”

Hippocrates first observed the different styles around 460 BC when he categorized the four distinct styles of human behavior. The terms have changed over the years as different authors have renamed them.

Fulfiller, Analytical, Melancholy, or C profile

This is an introverted personality who is serious, quiet, thorough, orderly, matter-of-fact, logical, realistic, and dependable. They take responsibility, are well organized, know what should be accomplished and work steadily toward it disregarding distractions. They are careful calculators. 20% of this group become accountants.

The Mechanics, Amiable, Phlegmatic, S profile

These are also introverts and are cool onlookers. They are quiet, reserved, observing, and analyzing life with a detached curiosity and have unexpected flashes of original humor. They’re usually interested in cause and effect, how and why mechanical things work, and in organizing facts using logical principles. They usually are craftsmen, mechanics, or handymen with about 10% become farmers.

The Doers, Driver, Choleric, D profile

These people are extraverts who are good at on-the-spot problem solving, don’t worry, enjoy whatever comes along, are adaptable, tolerant, and generally conservative in values. They tend to like mechanical things and sports, and dislike long explanations. They are best with “real” things that can be worked, handled, taken apart, or put together. About 10% of this type go into marketing or become impresarios.

The Executives, Social, Sanguine, I profile

These are another extrovert group and are hearty, frank, decisive leaders in activities and usually good in anything that requires reasoning and intelligent talk, such as public speaking. They’re usually well informed and enjoy adding to their fund of knowledge. They may sometimes appear more positive and confident than their experience in an area warrants. They’re sometimes called “judgers” and “thinkers” and 21% of this group become legal administrators.

To give you a thumb nail sketch, ladies, see if you can pick your personality as I describe this illustration.

There are the four basic temperaments (or Personality Types) that all approach a twenty-two story building that is going up in flames. There is a lady leaning out the twelfth floor screaming “Help….help…fire….fire!”

The Mechanics profile strolls onto the scene, looks to the left looks to right….fifteen minutes later says, “Well isn’t anybody going to do something?”

The Fulfiller profile marches onto the scene… whips out her clipboard, calls for building schematics, calculates they will need 3382 linear feet of hose, 3.2 fire trucks, and 33,000 gallons of water to quench the fire.

The Doers profile charges onto the scene, yells at the guy next to her to call 911, points to the guy in front of her… “Hey you, start the water brigade”… grabs the guy walking past her….gives him a shove, and cautions “You get out of my way.”

The Executives profile bounces onto the scene, spins and giggles. She sees the excitement, and thinks to herself, “There’s bound to be new friends here…cool bonfire…who’s got the marshmallows?”

We are all a wonderful blend of these temperaments. They are by no means meant to pigeon hole you, but rather to help better understand that we are wired a certain way. As you saw from the illustration, though all four temperaments all approached the same situation, yet they reacted to it very differently.

Recommended reading for more depth on personality types are: Personality Plus by Florence Littauer: You’ve got Style by Robert A. Rhome

To go into each personality type would be far too complicated, but to give you an idea of the roles that personality types could fall into, look at the following list. Besides the categories we covered in depth here are some simply broken down into Introvert or Extrovert Personality.

Introverts choose businesses or careers that satisfy being:

Nurturers, Guardians, Artists, Scientists, Protectors, Idealists

Extraverts are usually:

Performers, Visionaries, The Inspirers, Givers, Caregivers.

The second part of the Investigating Phase is looking at your business options.   Which we will examin these options in the next post.