Compensating for Your Entrepreneurial Style-or Lack of Style

Written by Glenn Beach


I recently took an entrepreneurial quiz which evaluated my answers and informed me I would do best as a hired hand! So why am I a successful home business owner? Because I've learned to fillrepparttar holes in my entrepreneurial style, and compensate for my deficiencies.

Let's start with a list of qualities that might benefit someone working for him/herself:

1. Ability to seerepparttar 116775 big picture and plan accordingly;.

2. Self-discipline;

3. Ability to use time wisely;

4. At minimum, a moderate drive to achieve;

5. Adaptability;

6. Autonomy;

7. Decisiveness;

8. A feeling of control over your own destiny;

9. Having (energy) drive and enterprise;

10. Motivation to grow;

11. Sense of intuition;

12. Ability to spot opportunities;

13. Perseverance;

14. Problem-solving abilities;

15. Risk-tolerance;

16. Self-confidence;

17. Social skills.

As an example, let's look at John Doe. John has an excellent nose for a good opportunity; he drives his wife crazy with always turning everything into a new business idea. He's not afraid to make a decision and takerepparttar 116776 risk. He has a huge drive to achieve; he wants to be rich! John is confident that he can accomplish everything he sets out to do.

Thenrepparttar 116777 reality ofrepparttar 116778 rest of John sets in. He's not real good inrepparttar 116779 follow-through; as a matter of fact, he starts one business only to come up with another, and yet another, idea over and over. He writes up proposal after proposal, and always stumbles overrepparttar 116780 concrete details, such as turning goals and visions into action plans, and projecting budgets. He starts and stops, never stopping long enough to evaluate and plan ahead forrepparttar 116781 success ofrepparttar 116782 next venture.

Writing Your Affiliate Home Business Plan

Written by Glenn Beach


Here’s a typical scenario: You are deciding to start a home business and suddenly everyone you know has his nose in your business, literally. What do you tell them? And how do you answer your own questions? What should you expect fromrepparttar company in terms of stability, longevity, vitality, trust, income, and so forth? Firstrepparttar 116774 bad news: there are no guarantees. Thenrepparttar 116775 good news: there is plenty of information from which to draw your own conclusions. The internet is huge, and any good company will offer free marketing tools and training.

But back torepparttar 116776 WHY of that business plan. You’re going to be starting small, slow and boy! is there a lot to learn. What’srepparttar 116777 point of actually sitting down and writing a business plan? You’re not Bill Gates, this isn’t Microsoft, just you in your home office a few hours a week, slowly building an online business presence, not really understanding whatrepparttar 116778 heck you’ll be doing.

Relax and breathe. Unlike Mt. Rushmore, your plan won’t be designed to withstandrepparttar 116779 weathering ofrepparttar 116780 ages. You can expect it will change and bend withrepparttar 116781 flow of your real experiences, which will be totally yours, not identical to anyone else’s.

What writing your plan will do is cause you to pause, think, dream, study and focus. The written document, whether it is one page or twelve, will give your business a framework to work within. The internet is vast and seemingly endless. It is easy to lose focus and drift away on a different whim or idea every day. Understanding where you are today, what tools you have to work with, what your goals are, and how you can best achieve them and measure your success, will help you stay on target and not waste what few hours you may be investing in your business at start-up.

Whenever you feel lost or confused, you can return to what you have written. When you analyze your situation and decide to make a change, rewrite that part ofrepparttar 116782 plan. Understand that it’s a living document, intended to grow with you and your business. Your business plan is your friend.

Getting Started withrepparttar 116783 Business Plan

First you need to studyrepparttar 116784 company and its management. You need to read and learn aboutrepparttar 116785 products,repparttar 116786 compensation plan andrepparttar 116787 network structure. See you next month. Just kidding.

Plan on doing SOME reading each and every work day forrepparttar 116788 next few months, if not indefinitely. Keep up withrepparttar 116789 company forum entries every day; read something inrepparttar 116790 training reports every day. Your education will continue. Plan for it.

When you are ready, open up a Notepad window and answer these questions:

What service/products does your business provide and what needs does it fill?

Who arerepparttar 116791 potential customers for your product or service and why will they purchase it from you?

How will you reach your potential customers?

Where will you getrepparttar 116792 financial resources to start your business?

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