As a result of the economic recession, there is a proverbial tsunami of home based business activity on the web. It is estimated that 200,000 people in the U.S. alone are searching for a home based business opportunity.
If you are one of the searchers, there is good news and bad news. The bad news is that you’re swimming in a sea of false hope. There are literally thousands of home based businesses on the internet. Sadly, the fact is that 90-95% of those opportunities will never make you any money. The good news is that there is money to be made on the internet, IF you are ready to learn and know what to look for. Don’t let all the hype and extravagant claims scare you away from a real opportunity.
Here’s what to look for:
1. Strong products with multiple streams of income. It’s crucial that you believe in the product and best if you have a personal connection to the product.
2. A strong compensation plan. Strong products do you no good if you don’t have the potential to get paid!
3. Training by proven, qualified internet professionals and a mentor that works with you personally one on one. This step alone can save you thousands of dollars in costly mistakes.
4. An automated marketing system that does all of the selling, telling, sifting and sorting for you. This is key as it will save you hours of time.
Once you have found an opportunity that meets the above criteria, the next step is mindset. You must be prepared to confront your own self-doubt and fear. It is important to be skeptical, ask good questions and do your due diligence. Stepping into a new venture can be daunting, especially if there is an investment involved. But all too often I’ve seen very competent individuals fail to take the step that could change their lives because of their own fear and self doubt.
Benjamin Franklin is quoted as saying “Do not anticipate trouble or worry about what may never happen. Keep in the sunlight.” and James Russel Lowell wrote “Let us be of good cheer, remembering that the misfortunes hardest to bear are those which will never happen.”
These quotes are great reminders that what we fear most is often only conjured up foreboding that never actually comes to bear. How often do we allow fear of failure to keep us from pursuing a dream, learning a skill or trying something new?
When I first began a business in internet marketing and mentoring, I had all kinds of fears and doubts to work through. While these doubts and fears appeared to be legitimate concerns, they were all eventually proven to be baseless. Now, like riding a bike, I no longer fear the things that kept me from taking action in the beginning.
If you’re going to fear something, fear this: Fear the consequences of NOT taking action. Fear a life of mediocrity rather than a life of excellence and virtue. Fear the results of not changing negative thoughts and behaviors. Do not fear failure, for every perceived failure is in reality an opportunity to learn. Fear the possibility of missing an opportunity that could change your life. Now go and jump in!