Monday, August 27, 2012

Foolish Follies by entrepreneurs Top Home Business


When you're just starting out and your goal is to build a home based business at the top, there are some major pitfalls to watch out. When people ask me what are the biggest mistakes entrepreneurs make in the grass, I can easily list many!

In this article we will list the Follies Four fools who can quickly sabotage your ability to build a successful work from home company.

1. Foolishly spending cash. I'm mad as the first listing of the fabulous four because I see him more often, and is the most deadly in terms of being able to hi-jack your success. Unless you have unlimited funds, then you need to watch cash like a hawk.

Know every expense that comes out and where it goes. Spending money on luxury cars, fancy houses and when you are a beginner you can get in trouble when you need cash to grow your business.

Spend money only on those things that one). Saving money in the long run, or b.) They help to bring in income and increased bottom line.

2. Failure to define and manage your goals. This madness can actually be the most important of the Foolish Four. If you do not clearly define your goals, you will not have a clear direction of where you are headed.

Once you have clear objectives, you need the ability to communicate to those around you. When starting a new small home based business, you're going to want to clearly communicate your goals and mission for your family. This will bring them to trial and we will make sure that you realize that you're not home to "play" or working on the list of "honey do", you are there to work.

It helps to set those boundaries early and stick to them. Establish a signal your family will easily recognize that you're "at work" and are not available to be disturbed for trivial things.

3. Failure to provide a professional image. Yes, now that you started your work from home company, and you can go to work in your PJ if you want, you still need to project a professional image to those outside the home.

If you want to be taken seriously as someone who is in the business of providing high quality products or services, you've got to look outside themselves. Take a look at you from the perspective of the customer.

You have a great telephone answering protocol? Do not you share a telephone with the rest of the family (Gosh, I hope not). Have you experienced e-mail professional, what about professional brochures and business cards?

If you're business is done primarily on the Internet, is your professional presence. You have a great web presence with all the right protocols that will be set as an expert in your field? Do you have a way for people to contact the person who is monitored every day. You have stellar customer service?

All these components will set your business apart from the competition. And 'attention to detail that will give your company new credibility so badly needs.

4. Failure to select the right business for their personality. This crazy fool is the easiest to ignore when it has just begun. There are so many business opportunities that look good and seem to be a quick way to make big cash.

But if you failed to pay the company up with the personality traits you are setup to fail from the get go.

If you hate the sell, not buy-in to a MLM. If you lack patience, not to start a nursery

Take a good look at your personality traits and make sure that the type of personality is right for your business that you've selected. It will make your life much more pleasant.

In closing, if you're building your dream and wants one of the best home based business, stay away from the madness....

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