4. When business is slow, you must learn to say "no" to anyone, even friends, who are trying to sell you unnecessary items. When business is good, you will probably allow more vendors to show you new equipment or new lines of so-called "new and improved" merchandise; otherwise, concentrate on your basic needs. However, take particular care that you are courteous so these vendors will consider you a friend.

5. If you commit yourself without investigating all details and charge ahead, you may be setting yourself up for failure. Be certain that you are prepared for all situations and emergencies that could arise. It pays in long run - regardless of cost - to ask for professional advice before you start on any plan; it may prevent failure of your business. A business without a plan is like a boat without a rudder, you may be lucky and drift safely shore but most likely you'll end up on rocks with 90% of other home business owners who fail because they don't have a plan and goals.

6. Another way to assure success of your home business is to be sure of direction your business is heading. You should be aware of your daily progress and monitor what your competitors are doing. Stay abreast of business trends and sales information for your particular industry.

Whether your home business succeeds or fails is dependent upon good money management, having decisive goals and a definitive plan on how you will achieve them. Also your motivation and ability to foresee and solve any problems if and when they occur, is a deciding factor as you whether you succeed or fail.

Take bull by horns and decide now where you want to be at end of year, in two years time, in five years and set about following a precise plan of action to achieve your goals. Take daily action to ensure success; if you truly want to succeed you will take daily action, work hard and persevere.

"Through perseverance many people win success out of what seemed destined to be certain failure." -- Benjamin Disraeli

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"If all else fails perserverance prevails"--Unknown

The first step toward attaining success is understanding how to persevere and acquire some of traits that successful people share.

2. Passion - Successful people have a driving force that pushes them forward and sets them apart. They have a desire and energy that drives them to reach their potential, which is an inherent part of their personality. This particular trait can be learned and acquired if you weren't born with it. They keep their goals in mind 24 hours a day. The passion within these individuals is deeply rooted and will sustain them through hard times so they can reach their objectives. Failure is not an option.

3. Belief - Most successful people will tell you that you can succeed if you think you can and are willing to work toward that success, but to do so you must have realistic goals and believe in yourself. Even in face of adversity, you must persevere and continually strive to accomplish each task on your way to success.

4. Strategy - A good strategy, or game plan, can make or break you. You should have a workable strategy that will give your projects direction and that point you to success. Designing a good strategy will help you achieve your objectives and overcome all obstacles along way.

5. Energy - Without vitality, enthusiasm and perseverance to be a mover and shaker, it will be very hard for your home business to succeed. Success is a by-product of mental, physical and spiritual energy that urges us on toward achieving our goal. You can if you think you can!

"There are but two roads that lead to an important goal and to doing of great things: strength and perseverance. Strength is lot of but a few privileged men; but austere perseverance, harsh and continuous, may be employed by smallest of us and rarely fails of its purpose, for its silent power grows irresistibly greater with time." -- Goethe

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Ian Canaway is the owner of http://www.asuccesfullhomebusiness4u.com and you are invited to come and have a look round his new home business blog at http://ahomebusinessblog4u.blogspot.com; For home business tips, advice and product reviews.