Your Home Based Business - Four Principles of Success

The purpose of this article is to pass on some of the lessons I have learned.

1. The first thing they passed on to me was the need to have a dream. This was an alien concept to me. In the corporate environment we didn't have dreams. We had goals and objectives. We had operating plans and budgets. We did not have dreams. I couldn't imagine going to staff meeting and talking about my dream for the department.

When I mentioned this to my mentors, they said that I could simplify the idea by considering the dream as the reason or focus for starting a business. A major factor of the dream is the requirement that your dream give you something that you can't obtain doing what you are doing now. Also, they told me, the dream does not have to be material in nature. Having a new car or home is a great dream but maybe being recognized for your achievement maybe your dream.

2. The second thing that was going to have to happen if I were to succeed was to be willing to change or give something up. There are various levels of change necessary for success. The first is the willingness to change how you spend your time. A wise man once said that you earn living between 9 and 5 and you get rich between 5 and 9. Re-prioritising your time between five and nine maybe the first change you have to make.

If it is a challenge deciding whether to watch ER or "Men in Trees" on television or spend some time creating a financial future then you either need to revisit your dream (see 1 above) or close this article and continue doing what you've been doing. These "really important" entertainment venues can always be recorded and viewed later. I remember qualifying a young man as a candidate for my business. I immediately told me that he was very busy and did not have time to do anything. I found it interesting that he could also discuss the plot of almost any prime time television show.

The more difficult choices concern family commitments. Those of you with very young children that feel the need to be home to watch them sleep need to revisit number one above. Missing those events for older children, sports, plays, recitals can be more difficult. If you teach your children that they will benefit from the success of your business they are much more likely to accept your absence. I'd like to suggest that people use their children as a reason to build a business rather than an excuse not to.

3. Association, or where do you get your advice, is the third principle of success. Quite simply, if you want to be successful, take advice from successful people. Many people have a tendency when confronted with a new idea to seek advice from the nearest family member, friend or coworker. Unfortunately they rarely consider whether the person they are asking is the least bit qualified to give advice. Nobody likes to look foolish or uninformed so they will always have an opinion, whether accurate or not. The truth is many of these advice seekers will take the advice of the advice giver even if the information is inaccurate.

4. The fourth principle is that of having a plan of action. There are many success seminars out there where you will spend the weekend getting really excited about your possibilities. You get to know your "inner self" and you can't wait for the seminar to end so you can get started. Then the seminar is over, you are back in the real world and reality strikes. What do you do now? With nowhere to focus this new found power the strength of it slowly fades and soon you are back where you started.

In order to be successful you need to have a plan. This can be your own plan or you can implement an existing successful plan. Network marketing is an great example of successful business where owners are willing to share their plan with you and become your mentor.

If you understand these four reasons; defining your dream, accept a willingness to change, associate with successful people and follow a proven plan your chances of success are greatly enhanced. Knowing why you are starting. Recognizing that there is no free lunch. Having a willingness to associate with successful people and to work a proven plan will greatly increase your possibilities of success.

In this article I have briefly covered four principles of success. Each of these four items can be expanded into a book of its own. But understand that a successful mentor can help you apply each one to your own circumstance.

Get more information on these principles of success and how you can apply them to your own home based business. I am offering a free 30 minute one on one coaching session to help you understand what is required to succeed.

To sign up for a free 30 minute one on one coaching session visit:

www.newmanmarketing.com