The Difference Between Successful and Unsuccessful Home Business Owners

by admin on October 6, 2009

in Getting Started

I thought I would write a few notes on what separates a successful home business, to a unsuccessful one. But first, we should discuss what defines success….

Success is determined by each of you. You decide what is successful and what isn’t. For Joe, simply making a profit at all could be deemed a success, but his friend Jane may not class herself as successful until she is making at least £1,000 per month. Some of you may have a figure in mind, others may prefer to define success in non-monetry terms, and that’s fine too.

The important fact to remember, is that I can not tell you whether you are a success or not. We will discuss goal setting in a future post, and in the Home Business A to Z Course that I am busy writing, but it’s important to note that the only way you can measure your level of success is by setting goals.

Personality Traits of a Successful Internet Marketer

So, on to the main focus of this post. How would you describe a successful home business owner? This is my attempt;

A successful home business owner formulates and follows a plan, sets goals, and TAKES ACTION in order to achieve them. He/she believes in their abilities, and commits to learning new skills when required, and will do anything within his/her power to achieve set goals.

Now, that is a very basic description of how I’d describe someone who is – or will be – a successful Internet marketer/home business owner. I could add more, but I’m hopeful that you agree that these are the main points.

So, are you this person? If you can honestly say that you are all of the above then you can achieve your dreams with your Internet business. If, however, you are NOT all of the above then you need to work on yourself before your home business.

Of course I am not implying that you cannot be successful. Let me share a personal story with you;

I had been trying to make money online for 3 years before I made a single penny (or cent for those on the other side of the Atlantic!). Yes, that’s right, 3 LOOOOOONG YEARS!

It didn’t take me that long because I didn’t know how to write an article, or upload a website, or how to market my business. I learned these skills within a month or so. It was my personality that prevented my success, or more specifically, a lack of action.

I didn’t plan, I didn’t set goals, and I certainly didn’t believe that I was ever going to be a success, but at the same time, I was annoyed that I wasn’t making money. Is this you? Snap out of it! I wasted 3 years acting like this, but within a month of planning and taking action I made some cash. Not a lot, but it was a start.

If you have so far been unsuccessful with your home business, take a long, hard look at how you have been treating your home business.

  • Have you set goals?
  • Have you formulated a plan to achieve those goals?
  • Have you followed this plan through to completion?
  • Do you believe that you will be a success?
  • Are you focused on your business?

‘The Definitive Guide to Starting Your Home Business’ will prepare you for a successful home business, both mentally, and physically (i.e. armed with the correct knowledge – I don’t mean going to the gym!).

Until then, remember one thing:

You can be a success, but only if you believe in yourself……

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