Why 97% of Online Home Based Businesses Fail
True wealth comes from discipline and knowledge. It also comes by offering people valuable products and services in exchange for the money they are willing to give up for those products and services. It’s not rocket science, but it is a science. Whatever you do, don’t fall for those ‘get rich quick with no effort? programs. Rather get involved with programs that offer either valuable knowledge or cutting edge products and services’or both.
I recently became an affiliate of a program that I paid $697.00 to join. For some, that’s a lot of money, however, the knowledge that I am reaping out of the program is worth millions! You may think that I am exaggerating, but I am not. I am actually learning HOW to market online. Why do 97% of home based businesses fail? The main reason is lack of knowledge. You better know what you are doing when launching an online business or you will waste hundreds and thousands of dollars trying, or even worse’get disappointed and quit! This is tragic to me. The online opportunities are boundless, but what is lacking is the knowledge to make them work. I talked to a lady the other day and she invested a considerable amount of money in an online business and was totally frustrated. Her husband was chiding her for her failure. I could tell that she wanted to succeed, but she just did not know how. If you want to succeed, you must learn from those who have succeeded. I can assure you, that success can be duplicated. You just have to be willing to follow instructions of someone who has succeeded and put in the necessary time to become a success.
Another reason online business fail is the lack of mentorship. Too many program sponsors out there claim they will be there for you, but guess what’they are not. Why is this? Again, it’s the get rich with little effort mentality. People want riches, but are unwilling to pay the price to obtain them. Wealth comes from serving people. The more people you serve; the richer you will be’it’s that simple. If you want to be successful, call the person who is offering the opportunity. Talk to them. Listen to their voice. Are they genuine? Do they express care and are you convinced that they want YOU to succeed? If not, run! Get involved with programs that promote mentorship and encourage the mentoring of others. Why do you need a mentor and why do you need to BECOME a mentor? The reason is that people need encouragement and support. They need to belong to a team or winners. The world is full of negativity and 95% of the population is not success driven. Most are like processional caterpillars and just follow the crowd. Believe me, if you are striving for financial freedom and want to be in the top 5% of the income earners in the world, you will be swimming against the tide and you WILL need encouragement! Most are like cows just grazing in the pastures of life; few are rhinos who will charge into the dark forest on the path to success to reach the paradise that is on other side. Learn from great mentors and strive to be one yourself. The rewards to those who do so are unlimited!
Failure is also caused by laziness. Our society promotes get it fast. Most don’t want to labor, but like to take it easy (Does the lottery ring a bell’). Sure, many have a ‘desire? to be wealthy, but very few are willing to work for it. Listen, it takes work to gain wealth. I am not necessarily talking about physical work, but work nonetheless. It also takes thought. You must think. Learn to use your God-given mind and be willing to act on hunches. You must be willing to take risks and make tough decisions. It also takes time. My online business takes my time. I invest at least 2-3 hours a day on them and most of the time much more. I also, for the time being, hold a full time job! Don’t claim you want a successful online business and not be willing to put the time into it. If you don’t put the time in, you will be in the ranks of the 97% of failures. And don’t fall for those programs that tell your that you won’t have to do anything to be successful this their program. Just forget it!
You must also learn to overcome discouragement and temporary defeat. These two are just part of the process and cannot be avoided. If discouragement comes; set your mind on something encouraging. If temporary defeat comes; be thankful for what you have and how far you have come. Whatever you do, do NOT give up on your dream! I mean it. Don’t be cheated by adversity. These are just qualifying tests. You have to pass tests to get a college degree. You had to pass a test to get your drivers license. Well, you will also have to pass tests to become a successful business person. So get over it! Suck it up and get moving! Don’t feel sorry for yourself. You will succeed if you persist.
Speaking of being charged; don’t listen to the news and hang around people that are negative. Get around people that are success minded and positive. Forget about the ‘bad-news? papers. Read a good book like Mike Murdock’s, Dreams Seeds or Napoleon Hill’s Think and Grow Rich or my favorite, God’s word, The Bible. There are plenty of other great authors like Jim Rohn, Earl Nightingale, Zig Ziglar, Brian Tracy, and the list goes on and on. Put CD’s in your player. Make your car a place of inspiration and encouragement. Don’t waste time dwelling on what you don’t have, rather focus on what you want. Surround yourself with success and you WILL be successful.
Finally, failure is because many ’so-called? opportunities out there have no value in and of themselves. They don’t offer products or services. They just move money from one pocket to another. This is nuts and will only lead to failure! Only involve yourself in businesses that offer real value, either in knowledge or products. Be proud of what you offer; use it yourself. Promote it every chance you get. If you are ashamed of it, get away from it!
If you want to break out of the crowd and be among the successful 3% of online marketers, do what it takes. Gain the knowledge. Find a good mentor and become a mentor. Promote a product or service that you believe in. Surround yourself with success. Be willing to put in the time and be sure to promote only valuable products and/or services. If you do this, you cannot help but succeed! I hope to see you at the top!
Michael Puskas is dedicated to success and assisting others achieve their dreams. He believes that through the proper use of wealth all involved can be greatly benefited. He also believes that all power to get wealth comes from the creator of all wealth-God.
Michael lives in Columbus, OH with His wife Sandy. He has one daughter and two lovely grandchildren. He also serves in a local church in the Columbus area.
Tags: , why businesses fail, home based business, success online, help with home based business
Tags: Network Marketing
