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Home Business Ideas and Opportunities

Archive | August, 2015

Home Business 102: Taking Responsibility vs. Entitlement

As an analogy, let’s look at a pencil. A pencil is a tool that we can use for many things that primarily involve writing. However a pencil will just sit there and do nothing unless we pick it up and start writing. Otherwise, it is useless. Only when we use it to take action is it fulfilling it’s highest purpose and benefiting us in the process.

use your resources

Conversely, if we don’t use it, is it the pencil that is bad? Can we blame the pencil for our failure to take action? (nope) The same principle applies when we are talking about your home business, there are plenty of resources available to us to use online, much of the time freely. Of course they do nothing for us unless we use them. We are responsible to make use of the tools we need to succeed.

Now when it comes to an affiliate program or your sponsor in that program, they have their functions. They do what they can to help you. However, they are not really responsible for your success or failure. You are the one responsible to take action to utilize what resources are available to you. If they have provided tools and/or training then you need to use it. The point is though that they are not to blame if you fail to do what you need to do.

Joining a program under a sponsor does not entitle you to anything more than what is promised. The program will provide a sales web page and other graphics for you to advertise; they will handle your sales transactions; support you and your customers; account for and pay your commissions, etc. The sponsor may be able to direct you or answer a few questions for you initially.

The point is neither one of these resources is responsible for your success or failure. Only you are. You need to make the best use of your time and resources. You may need to learn just how to do it correctly and this may take time for trial and error. You may be fortunate enough to find a mentor who will help you accelerate this process. By helping you to navigate the information as far as what he may know by experience to be true or not, he may save you some time and money in this regard.

Another analogy here might be appropriate and that is one with your parents. They ‘brought you into the world’ and fed and raised you until you could take care of yourself. They have hopefully done their best to give you what you need to get started in life. All of this said, this does not make them responsible for your success or failure beyond the influence whether positive or negative that they make have had.

It is all about what you do with what you have. You are the only one that is responsible ‘at the end of the day’, so if your home business fails, don’t blame your parents, your sponsor, your programs, the government or God. However if you succeed it would be nice of you to thank them. There is just a lot to be said about being thankful, if only for your own mindset.

Home Business 102: Taking Responsibility vs. Entitlement

As an analogy, let’s look at a pencil. A pencil is a tool that we can use for many things that primarily involve writing. However a pencil will just sit there and do nothing unless we pick it up and start writing. Otherwise, it is useless. Only when we use it to take action is it fulfilling it’s highest purpose and benefiting us in the process.

use your resources

Conversely, if we don’t use it, is it the pencil that is bad? Can we blame the pencil for our failure to take action? (nope) The same principle applies when we are talking about your home business, there are plenty of resources available to us to use online, much of the time freely. Of course they do nothing for us unless we use them. We are responsible to make use of the tools we need to succeed.

Now when it comes to an affiliate program or your sponsor in that program, they have their functions. They do what they can to help you. However, they are not really responsible for your success or failure. You are the one responsible to take action to utilize what resources are available to you. If they have provided tools and/or training then you need to use it. The point is though that they are not to blame if you fail to do what you need to do.

Joining a program under a sponsor does not entitle you to anything more than what is promised. The program will provide a sales web page and other graphics for you to advertise; they will handle your sales transactions; support you and your customers; account for and pay your commissions, etc. The sponsor may be able to direct you or answer a few questions for you initially.

The point is neither one of these resources is responsible for your success or failure. Only you are. You need to make the best use of your time and resources. You may need to learn just how to do it correctly and this may take time for trial and error. You may be fortunate enough to find a mentor who will help you accelerate this process. By helping you to navigate the information as far as what he may know by experience to be true or not, he may save you some time and money in this regard.

Another analogy here might be appropriate and that is one with your parents. They ‘brought you into the world’ and fed and raised you until you could take care of yourself. They have hopefully done their best to give you what you need to get started in life. All of this said, this does not make them responsible for your success or failure beyond the influence whether positive or negative that they make have had.

It is all about what you do with what you have. You are the only one that is responsible ‘at the end of the day’, so if your home business fails, don’t blame your parents, your sponsor, your programs, the government or God. However if you succeed it would be nice of you to thank them. There is just a lot to be said about being thankful, if only for your own mindset.

Having Multiple Streams of Income is Hedging Your Bets

Multiple streams of income is really a very smart concept. There are always so many possibilities, and that is where there is a position of strength. With regard to developing a home business, there can be any variety, combination, and/or number of income streams.

multincome

Typically this concept will include affiliate marketing programs. Within that niche, for example, there could be opportunities that have both tangible and intangible products and services.

Then there are other opportunities that can represent additional streams of income for your home business. For example, when you also consider services that you might provide. Without too much planning someone could end up with a fine array or suite of tools that could be used by other home business Internet marketers. A one-stop-fits-all site and you could earn commissions on all of it.

It really is logical that one of the main selling points of having multiple streams of income is that if one product, service, or program is not doing too well, it won’t matter as much if one of your other income streams is doing fine or better!

However it may seem to be extremely prohibitive to imagine marketing and advertising for multiple business opportunities. That is why having some mechanism to combine everything into one is not only ingenious but probably necessary! For instance if you had your own website as a store-front, mall, or directory.

This would not only cut down on duplicating time-consuming marketing and advertising activities, but would also greatly reduce the costs involved. Additionally the beauty of this is that you can use one thing to ‘up-sell’ another. When you have more facets to your business, you have more opportunity for everything.

An example of how an ‘up-sell’ or ‘back-end sale’ can work, within related products or services, is when someone purchases something, then you can gracefully introduce the possibility that they might also want or need such-and-such; and you would be happy to give them some special deal if they added it to their order. (Be sure to stress if no, that’s ok, and just process the order). Let them know in the future anytime they change their mind they can still get this at the regular price.

If you do use a website as the central point of your business, make sure that it is user-friendly = easy to navigate, and organized with menus and sitemaps. Particularly whenever you have multiple options, you need to be careful not to overwhelm people, so they feel lost or confused and will just leave rather than to ‘fight it out’ to process a transaction. Keep it simple and clear for best results!

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