Be the Best and Success Will Follow – Successful Home Based Business Entrepreneur Characteristics

Are you the best? Is being the best simply locker room big talk, or is it something to strive for? Whatever standard you set for yourself as a home based business entrepreneur and as a human being, viewing excellence as a process, rather than merely a goal, can empower you toward high achievement.

THINK POSITIVELY: In business and in life, “to think is to create” is a proven formula. If you don’t visualize a positive outcome, if you can’t see yourself winning as a home based business entrepreneur, you’ve just made the mountain even higher.

Reaching the summits of success is a battle of the mind and it starts with a positive attitude towards all things. Napoleon Hill said it best, “Think and Grow Rich”.

HAVE A CLEAR VISION: The more precise your vision of a desired outcome, the higher the likelihood of it coming true. This isn’t new age-speak; it’s been ascertained that successful people in more than just the world of business, envisage their ambitions with much more clarity compared with others. See what you want and see it clearly, then go out and make it happen.

BE A POWER HOUSE: High achievers are uncompromisingly relentlessness. They never quit. They never let the tough times get them down. They are determined hard workers but more importantly they are determined smart workers. When they’re dropping off the pace they become even more determined smart workers. Highly successful people always search for ways to accomplish more, to go beyond the level at which other people are satisfied to stop.

NEVER STOP GROWING: High achievers never settle. They relish their successes and then they get right back in the game. Like an elite athlete, a successful home based business entrepreneur will honor the basics; they are always in spring training looking for ways to improve, to get stronger and to play at a higher level.

The world is full of seminars and books and CDs/DVDs covering all manner of personal growth opportunities and all of them are worth your time.

BRING ON THE COMPETITION: Champions respect their competitors not as enemies, but as catalysts they can leverage to push themselves to a higher level. Competition keeps you sharp; it pushes you to look at yourself and your business plan critically and to keep your focus in the face of life’s distractions.

SERVANT LEADERSHIP: Leadership is an earned right. High achievers know that the best leaders bring out the winner in everyone. They seek to serve rather than to be served, to empower success by extending their vision to others.

Your relationships are a lifeline that connects you to your dreams, so care for them as the most important element of your business plan. Core values of respect, courtesy and accountability, when combined, are the key to making sure your lifeline remains strong and keeps you connected. Make sure the mark you leave behind is a thing of beauty.

MAKE A PLAN: Your most valuable business treasure is your time. How you manage it determines your success as a home based business entrepreneur and to make the most of every day you need to prioritize.

Don’t allow the minor elements to discourage you, even when the larger issues seem intimidating. Develop work habits that drive toward efficiency and have the discipline to understand the hierarchy of value relative to what must be accomplished.

NEVER MAKE EXCUSES: Stuff happens, that’s just part of life. The first step in recovery from any set-back is acknowledgment and the facing of reality.

Learn from your mistakes and those of others. Look upon adversity as an opportunity for growth and change. Hold your head high and get back in the game, knowing that nothing can stop you.

NEVER SETTLE: Good isn’t good enough any more. When you take on becoming the best, just being good is not an option. Being good is a seductive enemy because it lures you into a state of complacency. At best, good is a stepping stone toward excellence and excellence is a stepping stone toward becoming the best.

DREAM ON: It takes courage to dream. Dreams are the stone slabs upon which high achievement is built and while stone slabs are not enough, they charge action with focus and energy.

Are you simply the best? Hopefully your answer is no, not yet. Because there’s always a higher level to be attained and outstanding achievers harness the power of these fundamentals to go there.

Choose to be one of them. Choose to honor these basic principles of success. Dream big, work smart, and never say never.

What it Takes to Be a Home Business Entrepreneur

Millions of people everyday are starting a home business opportunity and therefore are becoming entrepreneurs. But do they realize what that means? Most people do it because they are looking for a type of freedom. They want to be in charge of their income levels instead of relying on the limited raise their employer is willing to give them. They want to be in charge of their schedule rather than what their employer dictates. With those two main factors in mind, the home business opportunity seekers aim at having more money to travel and pamper themselves than their existing budget allows while having the time freedom to do it and thus spending quality and quantity time with the people most important to them, usually their family.

Those are excellent reasons for wanting to become a home business entrepreneur but what about the entrepreneurial part? What about the “Business” part? Do you know what it means to be in business, to be an entrepreneur? This is where many new home business owners spent little or no time considering. Between being an employee and an entrepreneur there is a world of differences as there is between being a downhill skier and a mountain climber.

The home business opportunity seeker wants to be his own boss and take control. But what is he or she taking control of? The new entrepreneur is now the “owner” of his or her business and while this is extremely exhilarating and providing a fantastic feeling of freedom, it also means a very different set of responsibilities. Rather than being a crew member on an ocean liner following the Captain’s directives, the employee turned entrepreneur is now the Captain of his own vessel and in most cases is a crew of one. Now in charge of absolutely everything, calling the shots and answering to no one but the person in the mirror. Again very liberating but also putting the accountability in one single place.

One must realize this before making the jump from employment to entrepreneurship. Nobody will order you what to do, you have to order yourself. Nobody will give you project deadlines, ask for progress reports and evaluate your final results, you will be expected to take ownership of all this and be accountable to you. When your business is not going the way you would like, you only have one person to turn to; yes the person in the mirror.

When being an employee, it usually means that you are employed by a business or some type of organization. And the name says it, it is “organized”. The employee’s work responsibilities fall into an organized system where all have a set of functions to fulfill that are accountable to a hierarchy of employees all the way to the top person who makes the overall decisions. No matter the size of this organization, the bottom line is that the owner(s) and/or the top employee (President) are the ones designing and defining how this well oiled machine will work and dictate who will do what – they design a system and plug in employees in each of the functions that will make the system work and deliver the desired results. Being an employee often means you have a limited view on the overall picture of how a business/organization is operated because you’re told what you need to know to make sure your function puts out the desired outcome.

When becoming an entrepreneur, you need to have a much broader and overall view of how things work because you’re the owner, the President, the Vice-President, the Director, the Manager and the Customer Service Representative all in one. You’re a one man show and therefore you must think differently than an employee does. With great freedom comes great responsibilities. If you have that level of responsibilities in you, then by all means, you have what it takes to be an entrepreneur. The responsible person is by definition accountable to themselves which is also a requirement to call yourself a home business entrepreneur. Add a good dose of determination to stay focused on target and voila, you have the recipe for the right person to fill in the chair in your home office. With those traits, all you need is to surround yourself with the right people to make it worthwhile and feasible to reach the income goals and time freedom you seek.

“Oh wait a minute Pierre, I thought you said I was a one man show! Who am I surrounding myself with?”

You surround yourself with the people who will design your system and fill in the functions you do not have the skills for yet. It would be difficult for you to fulfill all the functions of President to Cust. Service Rep. if you have limited knowledge of how to run a business, and this no matter how responsible, accountable and determined you are. You need to surround yourself with the people that have done the homework for you and have designed the system, applied automation to it in order to leverage your time, strategized on market penetration so you don’t have to wait to learn marketing before you see results, developed training so you can learn as your business grows and finally, implemented support so you always have someone to turn to when you need a Mentor, this way you’re in business for yourself but never by yourself.

The last place I was employed at several years ago was a business where the President was the owner and there are two things I noticed in my stay there which are still serving me today. First, is the fact that my work effort was producing 10 folds the money I was paid for which is why being employed is not the way to get rich. Second, the owner was far from having all the answers but he was wise enough to surround himself with the people that knew the answers.

You can be the owner of your own business and not know everything there is to know about running a business as long as you know who to surround yourself with. All you have to do is surround yourself with the system experts, automation experts, marketing experts, training experts and support experts and then, you call the shots; you’re a home business entrepreneur.

A Small Business Entrepreneur’s Top 10 Playbook

# 1: Have a Vision – Where is that you see your business in 3 to 5 years? How do you want it to look? How do you want it to run? Do you have a business plan? Do you have a Mission Statement? Do you have a Vision Statement? What is your succession plan?

# 2: Believe in Your Talent – Talent by itself is never enough. There are a lot of times that people who have tremendous talent come up way short of ever fulfilling their potential. You have to believe in your talent, be passionate about your talent, continue to invest in your talent and surround yourself with the best talent available.

# 3: Assemble Your Team – A smart business entrepreneur makes sure that he or she is surrounded by talented professionals and not just a bunch of “yes” people. It’s essential that you have a professional corporate attorney, CPA, financial advisor, bookkeeper, insurance person and a front office manager as part of your team. An attorney and CPA are must from the start, and you can add additional pieces to your team as you grow.

Be sure that you take the advice of your professional advisors, after all that’s what you pay them for. You may not always like what they have to say, but it’s important to listen to them.

# 4: Empower Your Team – Equip your team with the resources that they need in order to be successful. In addition to helping them be successful, you’ll be successful too. It’s tempting to take shortcuts in order to save money, but it’s important to keep your team up to speed in this day and age of high technology and development.

Your team will consist of professional advisors and everyday employment personnel. No matter what position they occupy in your business, it’s important that they have the tools that they need in order to help your business be the best it can be.

Another thing to keep in mind is to delegate responsibility and decision-making capabilities to various personnel throughout your company. An employee, who feels empowered by the owner, is a much more productive employee.

# 5: Peer Networking – One of the most valuable activities that you can involve yourself with as a business owner is networking with your peers. There are numerous opportunities for you to get outside of your business and network with other business owners.

There are groups such as the Chambers of Commerce, Rotary, Business Associations, and several weekly or monthly membership-based networking groups. Make sure that you attend one or two networking activities a month in order to promote your business and find out about those businesses in your community.

# 6: Realize Early on That You Don’t Know Everything – Most business owners find themselves at various stages of their businesses, having to wear a multitude of hats. That’s okay from time to time, but it’s also important to keep in mind, that there are probably other people out there who can do a much better job than you can simply because they can bring a different perspective. Every business owner will find themselves at the early stages of their business for fulfilling just about every role imaginable, be it answering phones, scheduling clients, marketing and/or keeping the books,…. and that’s fine from time to time (matter-of-fact it’s good to learn every position in your business) but you don’t want your business to rely on you having to fill every role.
As soon as you’re able, delegate responsibilities to others on your team so that they feel more valuable, and it eases the workload on you.

# 7: Realize Early on You Can’t Do Everything – Similar to what’s above, realizing early on that you can’t do everything is a key to business success. There is a very high “burnout” factor for owners who have an “I – can – do – it – all – by – myself” attitude and refused to delegate responsibilities to other members of the team. You may feel like no one can do it better than you can (and that may be true), but if you want to keep your team engaged with a sense of ownership and empowerment, it’s important to delegate responsibilities to them because it shows a sense of trust and confidence in the rest of your team.

There will be plenty of opportunities for you as a business owner to “burn the midnight oil” so you might as well wait for those opportunities to roll around and be well rested and prepared.

# 8: Stay Current – With technology advancing at warp speed, it’s important for every business owner to stay up-to-date with some of the latest and greatest resources to help your business. It’s true that there’s so much out there that one cannot possibly absorb it all, but that goes back to the matter of you needing to be an owner who can keep his/her “head up” to see the big picture and opportunities in front of you and not get wrapped up with a “nose to the grindstone” mentality and approach.

Be adventuresome and daring in trying new techniques and technology that can help enhance your business. It’s okay to take a “trial run” at various techniques just to see how they may fit into your business. One thing is certain, “nothing stays the same, and change the only constant”. You’ve got to keep up with the ever-changing world that we live in.

# 9: Don’t Be Afraid of Change – Even if you feel that you aren’t changing, the world around you is. More importantly, if you aren’t changing, you can bet that your competitors are, and most likely trying to change for a competitive advantage over you.

It’s only natural for us to get complacent and doing the same old thing because that’s what we’ve always done.

I’ve got a great quote on the wall in my office that says “change is inevitable…. but growth is optional”. I don’t know about you, but I choose to grow.

One of the advantages of having a diverse team is the fact that they offer a broad range of perspectives and opinion. Older employees tend to stick to a tried-and-true method that may or may not be outdated, while younger employees have fresh brand-new ideas that you may want to consider implementing if the time seems right.

# 10: Find Your MVP – In order for a small business to thrive, it’s important for it to operate as a team. In order for a team to thrive, it will have many movable and variable parts that need to stay coordinated together.

Every team has an MVP (Most Valuable Person) who the owner feels comfortable and confident enough in to have that person has his/her “Go – To – Guy”. For me that person is my operations manager, Rosemary Bennetts, who has been with me from day one over 20 years ago.

Your MVP may or may not be the most visible or well known person on the team. Your MVP may be someone who is tucked away in a back office, with their sleeves rolled up, and battling daily in the trenches in order to keep your business running. Your MVP may be your front desk person, or your hot shot salesperson that you have out in the community. Whatever the case, work closely with your MVP (they most likely know how the business works better than you do) and recognize them and appreciate them in an appropriate manner.

The Single Most Discussed Mistake Among Home Based Business Entrepreneurs

Home based business entrepreneurs are those people who have been successful in the industry and continue to have success within. Based on the success that they have it can be said that these people really know what they are talking about when it comes to the home based business industry. In this article you will be able learn what the most discussed mistake has been amongst these successful entrepreneurs relating to the home business industry.

The most discussed mistake among these entrepreneurs has been a lack of mental toughness that is a result of the mistake that people make when they don’t dedicate enough time to working on your mindset. These entrepreneurs are big believers that your mindset is what dictates that success you’re going to have. So by not dedicate enough time to working on your mindset they believe you’re making the biggest mistakes you can possibly make in this industry.

It is common knowledge that success always starts within your mind and this is why is very important work in your mindset and improving your positive attitude. You can have the best business the best promotional method and everything else but if you don’t work on your mindset you are not going to be successful. So if you are serious about being successful then you have to make sure you dedicate enough time to developing your mind.

Just keep in mind that this process will never be done as you continue to learn everyday but you have to get familiar with the basics first.