The Home Based Business industry is currently booming like never before and I think there are some good reasons for it: 

Home Based Business in Today’s Economy

#1. Today’s economy: is reason enough to run to the Home Based Business Arena shows that the traditional model of getting a college degree and then getting a job working for someone else for 30 or 40 yrs and depending on an employer to take care of you is outdated. We have seen people’s lives dramatically affected by the current economy and fall victim to the outdated way of providing a living for themselves and their families.

#2. The Home Based Business specifically the Direct Sales/Multilevel Marketing/Internet Marketing business is exploding. One reason is that for the first time people can see that having 100% control of their income is the way to go. When you really look at the options..Your income is based on your efforts or Your income is based on some scale weighed against other people in your given profession irrespective of the effort and work ethic just based on them having the same job title as you. I kind of think that a lot of people are fed up.

#3. The exchange of money; Money comes from one place, other people. Everyday all day long billions of dollars are exchanging hands from people who are not so smart to people who are smarter. The great Jim Rohn says that if you want to make significant money in any industry you must increase your value. The most effective way to increase your value is through education. Anyone who is seen as a subject matter expert is usually compensated handsomely for lending their expertise. People want to do business with experts, with those who know what they’re talking about. Find people who have what you want and learn from them, you can’t learn from those who have what you currently have or who are basically on the same level in life as you are.

Home Based Business Success Equation

Here’s my equation for success: Education + Application will lead to Expertise. When your Expertise has an opportunity to meet a need that will equate to your value increasing and your value will determine how many of these…$$$$ will accompany your brand.

#4.The Community of Entrepreneurs: I can’t put enough value on the community of people who are pursuing their dreams of being home based business owners and how we provide valuable insights into the how to’s of getting this done. I’ve met some some great individuals who I’ve learned a lot from and they were willing to share. My boss at my job was never willing to show me how to do his job, hmm I wonder why? This article your reading is an example of content that’s available to you via this community. Most, well 99% of what I’ve learned has been from others in this community who were willing to offer free value that helped me a great deal in my home based business owner journey.

#5. Satisfaction: I can’t speak for you but I’ve had positions where it was my responsibility to train the  newest employee. In all honesty I try to have fun in anything that I do and enjoy myself  but training new people can be a drag for various reasons, personality conflicts, they may lack work ethic, they just may not be a good fit and it’s tough to pour all that energy into someone and have it not work out, especially when your trying to make an impression on the boss. However the biggest reason is most companies don’t compensate you for training someone. In the Home Based Business industry it seems to be a pretty accepted industry practice to compensate you for training and getting people promoted as an incentive to recruit more people. In this industry you can be directly responsible for helping someone reach heights financially they otherwise would never had seen. Imagine someone joining your home based business and after training them you get to see them blossom and transform into a leader that is sought after for their brand and the value it brings. Wouldn’t it be the coolest to see that happen? Wouldn’t that give you a real sense of satisfaction?

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This has to be my favorite clip when you take into account the entire movie and all that Mr.Gardner and his son went through before they could “exhale”. There had to be a very powerful “why” that pushed him past all that told him that he wouldn’t succeed.

I know that many of you have seen this movie but I wanted to highlight this moment in the film because this clip represents what we all are in this business to do and that is to go for it & get it!

There are  many moments/examples that Mr.Gardner had in which he could have just threw his hands up and just quit but there was something deep inside that wouldn’t allow him too and I believe that was his why. I often hear leaders in this industry talk about defining your why and is your why big enough. I now understand why my why is soo important.

So let me pose a question; is your why strong enough to push through everything telling you to quit, everything that’s getting in your way, everyone telling you that what your doing will never work? Including yourself? Are you willing to look at your biggest obstacle in the mirror (YOU) and say that I won’t let you stop me?  I feel that I can ask that because I’ve had to ask myself those very questions.

His face tells me that it was all soo worth it…I expect a my own similar reaction very soon.

One of the best feelings that I’ve ever experienced was the sense of accomplishment that happened to me while playing middle school basketball. The position that I played was  point guard and it was my job to bring the ball up court and set up the plays that the coach called. I was the best ball handler on the team and I welcomed any challenge to try and take the ball away from me.

My coach with his trained eye picked up on a glaring weakness in my game, now up to this point it had not been exploited so I’d not seen it myself. So one day coach calls me over after practice and he says to me you need to work on your left hand, I said why? What’s wrong with it? He said to me you favor your right because that’s your strength but any coach worth his title will spot that and try and take it away, which will make you less effective and hurt our chances at winning.

Now mind you I was still very young and quite immature at the time so I didn’t understand the concept until coach and I played a little one on one and he began to cut off my right side and my weakness became apparent even to me at that point.

So from there we began extra practice sessions specifically targeted at making my left hand as potent as my right. It got a little better but he told me my left needed to become more “instinctive” and I still didn’t quite understand, so he asked me to name a couple of my favorite players (now for you youngsters who read this I’m going to date myself a bit with these names) so I gave it some thought and the first name because of his “handles” was Isaiah Thomas then Magic Johnson also Norm Nixon.

So he just happened to have some recorded tapes of a couple of L.A. Laker and Detroit Piston games and what he pointed out to me while watching was how effortlessly these basketball wizards used both hands without thought or hesitation and he further explained how ineffective they would be if they only had the use and comfort of one hand.

It took some very intense practice,  getting used to and a couple of months but I eventually began to see huge progress and I also began to be able to tell when an opposing player had the same weakness that I had previously and I was able to use that to our teams advantage.

Something else I’d like to point out, because my weakness became a strength my anxiety level in that area decreased and I was able to really narrow my focus on the play,  making sure everyone else was on the same page. In times past I would be a bit distracted because I wasn’t as sure or comfortable using my left hand so my focus was split and I wasn’t always as effective but because I had a coach and I WAS COACHABLE , I was able to overcome a weakness and we won some games that we probably would have otherwise lost.

How is this related to business?  In this industry people get paid to “Coach” or “Mentor” because for many who are brand new to the online world the learning curve is huge, the vastness of the internet can be very intimidating and things change very rapidly. So the most efficient way to reduce your tenure in the”Internet School of Hard Knocks” is to have coaches/mentors who have a track record of success and achieved at least the level you would like to achieve yourself.

The benefits of having a coach:

1. A set of trained eyes that can spot weaknesses that you may not be aware of.

2. If someone has agreed to be your coach then they see the hidden potential inside of you.

3. Coaches can push you to your next several levels.

4. Coaching can help you develop focus.

5. Leadership and someone to FOLLOW (very important to have an example of what success looks like)

What to look for in a Coach/Mentor:

1. A great coach will have some jewelry (a championship ring or two, three or four) a proven record of success.

2. A great coach still has a coach or has been coached/mentored by another great coach and will share that freely.

3. A great coach has a great team to coach.

4. Coaches are teachers and will display a passion to teach/train others for success.

5. Leadership. Are others following this person? If no one is following them then it’s quite possible they are just someone taking a long walk by themselves..lol.

Yes I Want Championship Level Coaching, I Want To Be Mentored By The Best I’m Here To Win! Then Click Here!!

To Our Success,