Keys To A Successful Home Based Business!

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This post is to share my ideas about the

“keys to a successful home based business!”

 

If you are thinking about or are already running your home based business I recommend that you read these recommendations and determine if they have been considered in your present or future business. My experiences say that these considerations  are critical to achieving major success in your own business.

If you have followed my posts for the last few days you will remember that the latest data reveals that only about 3% of those working on the internet have broken even and made as much money as they have invested. Right now some 32 million people are working on the internet without making any profit and wondering why? This is supposed to be simple!

Next you would remember the 80/20 rule where some 20% of the U.S. population continues to educate and retrain themselves in order to be employed successfully. And because they take this action they typically wind up with the jobs.

There are at least three other major considerations regarding business success that I would like to share with you regarding your new or future home based business.

The first major consideration is that to make the 3% or the 20% categories of success above that it will be very important to associate yourself with a team of professionals that can and will give you ongoing guidance and advice as you work to make your business successful. A business is an ongoing process, not an isolated event, and advice, decisions, corrections and actions must be taken daily to assure success and avoid failure.

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The second key consideration is for you to have a proven marketing system that will generate adequate prospects for your business so that buyers will generate the sales volume to produce the desired profits to sustain your business. How many buyers will you need at the price levels of your products and services to generate needed profitability? How many prospects will you need to have consider your products and services to produce the number of buyers that you will need? How many prospects will turn out to be buyers?

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The final major consideration is the amount of start-up cash  and ongoing
working money that you can invest in your business. Do you have $100 to $500 minimum as start-up money and will you be able to invest $100 or more per month in the necessary expenses that any business faces? These are minimum amounts, however unless you can set aside these amounts to assure success I would recommend that you find a way to provide the funds through loans or begin savings now.

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I have a very favorite saying that I repeat to myself from time-to-time and that is…”you don’t know what you don’t know” which means to me that you can either work with someone who does know or you can find these things out on your own by experience. It is a lot more fun to follow a successful, proven approach with someone who you can trust and have confidence in working alongside.

It would be a pleasure to work with you if these considerations make sense to you and you are ready to get started. Get in touch with me now to discuss what you want to accomplish! Contact me on email at dannorris42@gmail.com or call me on 407-749-9395.

Dan Norris

Small Business Consultant

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Key Tips For Successful Small Business Owners

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Every very smart small business owner that I know is constantly looking for ideas to improve the success and profitability of their business. Here are more no-cost ideas that may leverage you to that next level that you have as your goal. My personal solutions for you focus on getting your message out more cost-effectively, getting prospects to find you, saving you money on legal services and consulting services, and protecting your identity from theft and those options can be found at the bottom of this post. I hope that you find some very useful tips in the three articles below…

Key Tips For Successful Small Business Owners

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Alltop.com    Entrepreneur

10 Questions to Ask When Creating a Social-Media Marketing Plan

BY     September 16, 2013

Ever heard the saying “Failing to plan is planning to fail?” That old but wise adage often rings true when it comes to social-media marketing. Creating a detailed, goal-oriented social-media strategy is just as important as having a rock solid business plan.

“If your social-media plan is to just wing it, your fans and potential customers are going to know,” says Amy Porterfield, social media strategist and co-author of Facebook Marketing All-In-One for Dummies (Wiley, 2013). Worse, it could turn them off of your brand and on to your competitors.

To attract and engage social-media fans and followers — and ideally convert them into customers — you’ll need to carefully map out a clear, effective social-media strategy. Here are some questions you should ask when building your company’s social-marketing plan:

Read more:

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Entrepreneur

Don’t Be Your Own Worst Enemy

5 tips to help you get out of your own way and commit to making your business a success
Entrepreneur Staff   December 30, 2009

You’ve heard it a million times by now: We’re in the midst of the worst recession any of us will ever live through and no one knows how long it will last, or how much harder it will hit.

I agree: It’s a lousy picture. But one of the biggest dangers of an economic downturn is the excuse it gives small-business leaders to lie down and do nothing.

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Entrepreneur

What Successful Businesses Have in Common

Ron Finklestein    February 23, 2006|

These 14 traits show up again and again when examining the reasons behind business success.

How does a small company become successful? Despite the bad news we so often hear about the number of small businesses closing or moving, the news really isn’t all that bad: Thousands of small businesses startup every year, and a good percentage of those companies have learned what it really takes to survive the early startup years and become successful enterprises.

After working with dozens of small companies, I discovered that the successful ones share some common traits. Here, then, are the 14 qualities I’ve witnessed in many of the thriving small businesses I’ve worked with:

Read more: 

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For  more information and discussion on these please email dannorris42@gmail.com or call me on 407-749-9395.

Dan Norris
Small Business Consultant