Posts Tagged ‘home business success’
Home Business Success Steps
Posted by Ed Przybylski in Leads Saturday, 29 May 2010 17:31 No Comments
So you are ready to get your own business into profit. What are your first steps? Where do you get leads? What kind of prospects do you need?
One of the main considerations while you are marketing your business concerns potential customers. You do not want to try to sell puppies to cat lovers or vice versa. In network marketing or mlm’s there are 3 general customers. Of course you have people who will buy just the product or service. Then you have people who will be more interested in the business itself. Of those you have people who are experienced in home business and those who are not.
Consider that in most network marketing, mlm, or other opportunities, you can either retail the products for direct sale profits or you can recruit reps to work the business and earn residuals from their efforts. I suggest a combination of all of the above if you really want home business success. In any case there are certain things you should always have in place.
The first thing you must realize is that no matter what you are doing, if any transaction, exchange, or trade of anything is being made, you are in sales. I want to be clear on this because so many business opportunities constantly make the claim that “this is not sales”. If no sale is made then no profit is made and you are not in business.
Now of course some methods make sales easier. Picture a sales person giving a presentation. It is more effective with a slide presentation or power point than if he or she is just up in front of a room talking. Well with the power of the web power-points can do the explaining before you even talk to the person. The right marketing and advertising can draw all the right people while tools do most of the work for you.
In fact, be proud of the fact that you are in sales. Keep in mind that no product is ever bought or sold without someone selling. This is the beginning of every transaction. No manufacturers can stay in business or employ people without the salesperson. No truck drivers or transporters have jobs without a sale being made. Competition and excellence would be gone.
Also, keep in mind that sales-people are among the highest paid people in the world. Just like a home business owner, sales people are usually directly compensated for their performance.
If you do enjoy just working for others and being an employee then possibly home business success is not for you. Personally, I gave up that gig long ago.
Here are three things to remember:
1) Nearly Eighty Percent of all transactions occur after the sixth contact
2) Statistically 80% of the reps make far below what the top 20% do in sales
3) Statics also show that 80% of all sales reps do not follow up more than a couple times.
It is no coincidence that the 80% who fail also fail at following up with their prospects. This translatesinto less sales for the 80% than the top 20% combined.
The internet can be a huge acceleration for your home business success. You can use the internet to start generating 25-50 leads every single day. But most people cannot handle following up with that many people.
This is why internet tools like autoresponders are so valuable. Autoresponders automatically get back to your prospects with an instant email series. That prospect will get an email within minutes of visiting your site. Then it will proceed with following up on a regular basis. This is one web marketing tool that you should thoroughly research to achieve home business success.
Ed Przybylski from Ohio has been a successful home business coach since 2003 since 2003. Learn more about web marketing and leads and get some complimentary marketing training Courtesy of Ed Przybylski.Przybylski.
Why Some Fail In Home Business
Posted by Marianne Frigula in MLM Tuesday, 16 February 2010 15:46 No Comments
In our economic climate today with so many internet business opportunities out there and so many people wanting to start a home business, why do so many people fail in their chosen venture?
Statistics say that only 3% of people in home business are actually successful. So what happens to that other 97% of people and what makes that 3% different to the rest that they actually achieve success?
I, myself can think of many reasons why some succeed when others fail. There are differently some features of those 3% that stand out more than others.
The first element I will point out about a successful entrepeneur is the habits of that individual. A successful person plans, sets goals and then works to achieve those goals. They actually work out what it is they want to achieve and plan the activities they will need to do and a timeline to complete their goal by, then take action to achieve it.
Consistency and persistence is most certainly another winning feature of a successful business person. These people know that they are working to build a real business and they know that it takes time, persistent effort and consistency in every step of everything they do to achieve that final success they are after.
Those 3% know that they cannot give up when the times are tough and that success can be on the near side of failure, just around the corner for them. Whereas the other 97% will often be those who give up when things become too tough and they don\’t see the results within the time frame they were hoping for, putting the blame on the venture not working or anything other than themselves. Often they move on to another type of business venture and do exactly the same thing when it too does not work out.
Without a doubt there are many other reasons why those who succeed achieve success and the other 97% fail. For example a monetary constraint of one\’s budget can really limit the ability of a business owner to expose their business to receive the custom they are hoping for. But then again, those 3% who succeed are those who are not stopped by these constraints and consider it a challenge to work out how to market their business on a small or non-existent budget, then they do it. They don\’t find excuses, they find ways around a problem.
By now, you can probably see what I am getting at regarding those few that do actually succeed in home business and those many, the other 97% who fail. It is themselves paving their own way or getting in their own way to success. Winners never quit and quitters never win!
Marianne has written several articles on her road to achieving a successful home business. Want to know more? More information on a successful business venture can be found at www.soulsearchsolutions.com.