Home Based Businesses Tips That Are Sure to Work

Home Based Business offers you a lot of flexibility and control. The catch is, you should know how to exert that control over yourself. There are times when you get too easy on yourself and that is when the entire business falls flat. In this article, we shall discuss some quick ten best home based business tips that are sure to help you rake in profits sitting in the comfort of your home.

Tip #1: Decide on a fixed schedule and stick to it. Design the schedule such that you have enough time for work, your family and yourself.

Tip #2: Set up a designated portion of your house as your office. Based on what business you intend to run, make sure you have all the necessary paraphernalia in that portion of the house.

Tip #3: Yes, you can work at home wearing pajamas. However, that may not be the case always. When you have clients visiting you at your place, it is suggested that be professionally dressed to greet them.

Tip #4: Advertising your products and services is very important if you plan to start a home based business. So decide which form of advertising you want to choose depending on your budget and needs.

Tip #5: You will have to be aware of the legalities of running your business. While some states do not have laws governing which business you can start, there are others that are very stringent about it. Hence, make sure you are aware of your local law and procedures before starting your business.

Tip #6: Have a well planned goal chart to guide you along the way. You will need specific roadmaps to see if your business is progressing as desired.

Tip #7: It is very important avoid getting discouraged when you fail. No one can become rich overnight. You will need to experience failure in order to be successful. So, every time you face road block, face it, learn from it and overcome it.

The Secret to Being a Successful Business Owner

One of the saddest facts of small business ownership is that most small business owners work WAY too hard for WAY too little: too little money, too little time off and too few clients.

They’re overwhelmed, confused, sleep-deprived and 4 out of 5 of them will be back in a J O B within a few years. The odds are against you.

The question isn’t whether or not you’re smart enough or dedicated enough or have enough passion — chances are, you have all of the above, until burnout occurs.

W Edwards Deming, a pioneer in the world of business, once said, “97% percent of all [business] failure is due to the system — not the person.” That said…

  • What systems do you have in place in your business?
  • If you have an assistant or team and one of them walks out on you, would your business grind to a halt or would it be a minor bump in the road?
  • When a prospect calls about becoming a new client, does she go through the same process as everyone else or does it depend what you’re working on and your mood that day?
  • What are you doing to *consistently* market your business?

Are you working smart or hard?

When you write an article for your email newsletter or prepare a tip sheet for a client, what else are you doing with that work AND are you doing it consistently or just “when you have time”?

Is it sitting in a folder on your computer or do you have a system in place for it to actively build your list and show you as the expert in your field?

If you’re not repurposing or repackaging EVERYTHING you do, you’re working too hard! Here’s just one quick example of what you should be doing:

Take the article you wrote for this week’s newsletter and:

1. Convert it to a press release about how X benefits small business owners.

This is especially good for subject-sensitive items such as “small business tax tips” or “business planning/resolutions around the New Year” or information you have to share.

2. Record the article and offer it as a free audioclass on your website so prospects get to know you.

3. Bundle it with other articles

Group a bunch of your articles and offer them as a free special report on your website to help build your mailing list OR sell them for a quick source of passive revenue.

One thing to always remember: People WILL pay for convenience! If you offer them a quick and easy download that saves them time, they are more likely to choose that over researching the topic themselves.

And the secret to being a successful business owner? Having AND using systems in all aspects of your business — success without systems is luck; outrageous success without systems is impossible.

Your Coaching Challenge

It’s a holiday week for those of us in the U.S., so I won’t give you TOO much. 🙂

Think about all the things you’ve written — either for your newsletter or for your clients — and how you can reuse them in a different way to build your list, build your credibility as an expert and create a new, passive revenue stream.

Ho w to Be Successful in Any MLM Company

Well, let’s face the facts – to be successful in any MLM business, you need leads. Leads are the lifeblood of network marketing businesses. And with Web 2.0 at your disposal, depending on traditional lead generation methods, such as by cold calling leads, pitching to your friends and family and distributing flyers has become terribly outdated and quite ineffective. If you really want to take your MLM business to new heights of success, you need to strategize and then market your business to your target audience appropriately using the resources provided by the internet. Read on to find out more on how to do so.

Target Marketing for MLM Business

Before you begin planning your MLM business marketing approach, you need to realize the fact that every second person is not your prospect. You need to market your business opportunity to your target niche and this is done through target marketing. The first step to successful target marketing involves answering these important questions

    • Who are your potential prospects? To find the answer to this question you will need to evaluate the factors, such as gender, age group, income brackets, ethnicity, geography etc. in detail. A bit of online research can help you gather information about people who are purchasing products in the same niche as yours. These individuals are your target audience.
    • Why will they purchase your products or become a part of your business? It is important for you to understand that individuals make purchases for three main reasons –
    • To satisfy their needs
    • To solve some problem
    • To feel good about themselves

Make sure that your product or business opportunity matches these reasons for your target audience.

New Age Strategies for MLM Business Success

More often than not, the most successful network marketing businesses are those who deploy innovative and out of the box marketing strategies. A little effort along with a bit of creativity can help your MLM business attract a lot more leads. Here are a few basic strategies you could use to make your MLM business successful –

    • Start your online journal/blog – Start your own online journal or blog the day you launch your MLM business. Regularly post good quality content that your niche target market would find useful or interesting. This will help to cast you as an expert in your domain. Besides that you could also consider posting daily/weekly updates about your marketing efforts, the number of leads you have generated, your daily profits etc. Turn your online MLM journal into your own business reality show.
  • Hold Contests – Contests are a great way to draw attention to your business while focusing the spotlight on others. Your contests don’t even need to have tangible prizes. Winners can be highlighted on your business blog or Facebook pages. The basic idea here is to engage people and to get them to participate. This will draw attention to your business and help generate more leads.

Deploy these tactics to drive your MLM business to greater heights of success. Remember, the above tips are just basic ideas and they can be molded to generate lots of leads for your MLM business.

Leadership Creates Business Success Business Coaching Creates Leaders

If you are a business owner and business success is feeling a little elusive right now you might want to take a closer look at how the ship is being led. If you are the leader of your business and you are not leading, you can rest assured that no one is following. And one thing is certain, if change needs to be effected in the business, ultimately it is you, the leader, who is responsible for creating that change.

A good leader must firstly have the discipline to remain 100% accountable for their circumstances, to develop a mindset that doesn’t sway from integrity and solid values, 100% passion for their vision and the drive to turn that vision into reality.

Sound like you? Or does the scoreboard show that a little lift in the leadership stakes is in order. While I always underscore that the top business leaders have a top business coach to help them in the leadership stakes, here are some business coaching tips I share with my clients that may give you some inspiration or at least a quick refresher in some of the areas to look at.

You don’t need to be the hardest worker in your business to lead by example… you just need to be the most strategic – having a clear vision of where you are headed, what success looks like and the roads you are creating to get there. Clarity = Power. As a leader, you must know What, Why, How, Who, Where…

You need to know what your building looks like when it’s completed… Yes a business can actually be finished and completed at some point, not dissimilar to a house that began as someone’s dream then gets built and eventually sold and renovated to accommodate a new dream or vision.

100% involvement and 100% inclusion is the key to change. How are you orchestrating your resources, do your people know where they are headed and what success is supposed to look like? What areas are underperforming, are you 100% committed and involved?

Communication is the best change agent of them all. As a leader your communication is crucial to influencing a new result or change. What story are you telling? Is it inspiring for others, does it motivate 100% team involvement? Is the story being retold? The best change agent is the one that inspires the total sum of resources particularly people – inspiration can move a world in any direction.

The development of strong leadership often requires external coaching to provide objectivity, extend the parameters, challenge the status quo and enforce accountability. The development of the leader can bring new thinking, fresh ideas and inspire innovation not just in yourself but also across the team. So if business success is lagging look to yourself first as a primary catalyst for change and remember that the greater your inspiration, through your own Business Coach or coaching, the greater the positive change you will ultimately be able to effect.

My name is Stefan Kazakis and I am based in Melbourne, Australia.

I earned a reputation by becoming one of the most highly regarded Action Coaches in the world. ActionCOACH is ranked by Entrepreneur Magazine as the 16th fastest growing franchise in the world, and in the Top 100 international franchises. This means my clients benefit from my experience and knowledge and I work hard to help each of them become a business success story in their own right.

I’m not interested in promises. I’m interested in guarantees. That’s why I guarantee you a minimum 61% increase in your profits after 12 months.

And this is why St George Bank invited me to be one of their mentors in their highly successful Business Mentor Program.