Top 3 Self Employment Lessons I Wish I Learned Sooner (college social network)
By Dawn Wentworth
Many choose self-employment and home business ventures as alternatives to the corporate grind. Some enjoy newfound freedoms and control that a successful home-based business delivers while others try and fail. A worse fate still is the many great small business ideas that are dreamed of yet never explored.
Several years ago, I realized I was in financial trouble and going downhill quickly. I was over my head in debt and unable to afford moving out of the severely depressed economic area where I lived. As a young, single mother, I soon realized it was costing me around $12 a day, after travel expenses and babysitting fees, to work the minimum wage jobs in the local area. I was headed deeper in debt doing what everyone had always told me was the “right” thing to do: get a job and work hard every day for someone else!
I sat at my kitchen table with my weekly paycheck, calculator and notebook and saw the numbers before me in black and white. The “right” thing wasn’t working; slaving at the local burger joint waiting for a better job to open up was not going to fix the problem. I decided to learn more about self-employment. It was a turning point that brought me down the path to where I am today.
I gave you a little about my background to demonstrate I know where many of you are coming from. Many others are experiencing the same financial dilemma of dead-end jobs and growing debt today that I experienced then.
Today, I’m a marketing consultant for a new online home-based business operating on a shoestring budget. I researched many online businesses before settling in on this one.
With all of that said, I encourage you to allow yourself to explore your home-based business dreams. I would, however, offer you some key elements to consider that I learned the hard way.
1. Don’t try to learn everything you need to know before you decide to begin. While research and knowledge are important to success, too much will overwhelm you and paralyze you with information overload.
2. Don’t think there is a magic program for sale out there that produces overnight wealth without putting in some serious effort.
3. Don’t think that you can figure it all out and manage it all on your own! BIG no no. A mentor and team are necessary for your learning process and long term business survival.
Number three is key. Had I understood that one and found a mentor early on, it would have saved me from learning the first two lessons the hard way. The hard way is almost always painful and expensive!
Finding a good mentor and a support team you trust is very challenging and time-consuming. Many with the “work at home” bug avoid dependence of a support system and struggle blindly through the dark days of their small business startups. This is an ego problem that must be overcome. It is okay to need a little help learning the ropes.
Another lesson I learned that doesnt conform to what we are taught is that the best mentors are not friends and family, no matter how successful they may be. Nor will great mentors be free. A good mentor is not there to make you feel good about yourself, be your buddy or do the job for you. A true mentor assumes a great responsibility of delivering honesty and guidance through their own expertise. Friends, family and free mentoring are often misguided by emotion and personal motives.
When considering self-employment, factor in the costs of a good coach who will take a personal approach to understanding your resources and business development goals. This is the secret weapon of the most highly successful home-based business entrepreneurs. Follow this advice and you are one step closer to your own success.
About the Author: Dawn Wentworth has been actively engaged in the internet marketing community since 1996 and is currently helping internet marketing business owners establish teams and mentors at http://BigWealthBuilder.com
What is network marketing and is there such an opportunity online?
By johntanyishin
When you are looking for an opportunity to make additional income, you will often stumble upon with this type of business model or rather a lot of companies now are using this effective business model. It is called the network marketing which some people have confusion about what really it is about and how does it really work.
Before I continue, I will like to present all the facts about network marketing, what it is and how does it really work. Network marketing is also commonly known as multi-level marketing or MLM. It is certainly not just another “get-rich-fast” scheme. It involves more people than ordinary direct sales companies, and it helps to leverage other people’s time. It usually offers consumable products and services to people that are used in a short period of time. But some of these companies allow you to work from home using your computer.
Also, a big difference can be made in how you choose to market your own network marketing business. You have to do your homework and recognize which of these companies are legitimate, this is a critical part. It is a business that you can start on a shoestring, and with a lot of hard work you can achieve financial and personal freedom. Many people have started, persisted and become successful with it. It is all about people helping people both with building a business and selling your products or services. If you are a people person, then you may want to consider the advantage of going into network marketing. Such opportunities give us a platform to start right away and learn the steps necessary to create a successful business.
Can these opportunities teach us the necessary skills to be the entrepreneur we want to be? Certainly it will prepare you with many of the essential skills required for a business. What you need to do to get started is to prepare a list of all the people that you know, even if you dislike them in the past, because they will be able to help you in your business.
As you go along, you will need to present them the ideas about your company and products but recruiting becomes easier and more enjoyable when people from this list start calling you or asking about your business. As you build this list, you will build relationships by teaching your prospects what you learned. The reason why most people fail at network marketing recruiting is they do not know who to spend time with and how to get started correctly. Find suitable mentors who will be able to guide you and hold you responsible for your own success. Build great relationships with them because there is a possibility that you become a strong partner with your mentors.
There are many network marketing based business you can start off with online as well, the key factor is that when you start off online, you will be able to reach out to more people but you will have to spend more time building up the trust before they become key players of your winning team. When you scout for online opportunities, you have to be extremely careful as well because there are scams out there, people who are more interested in making money out of you rather than helping you make money.
The best part of network marketing is that you will get to learn personal development skills, there is a strong growing business online called Success University that allows people to tap into its rich resources of exclusive video or audio clips and tutorial based lessons, covering areas like sales, motivation, leadership, finances, etc. These are essential for you to become a successful network marketer.
Thank you for reading this article and I hope that you will be able to create your own legitimate work from home network marketing business.
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John Tanyishin is the owner of Legitimate Work From Home, providing you with work from home opportunities. Find out more details about Success University and you can grab free ebooks from his website as well.
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NJ SEO Internet Marketing Company - NJ SEO Consulting Prices - New Jersey SEO Services 134
By Don Shlem
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