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Your WHY The Foundation Of Your Business

October 17, 2010 by  
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As you start your new business venture, whether your business is network marketing, a MLM business, a franchise, or some home-based company. The first thing every person desires to do would be to discover the WHY of your business.

The truth in the matter is that you just actually need to establish your Why first. Why are you undertaking this business.

When I began my current and last venture, my Why was the very first thing I wrote down. I needed to know why I was doing this when the times got tough and issues were not going the way I wanted them to.

In network marketing it’s so easy to say that this works for only some individuals. I am not the type to make this happen. Or whatever excuse you may come up with to help satisfy your ego.

When your Why is strong enough you are going to keep plowing through.

Here is My Why

So I can create the financial freedom for myself and my loved ones so we never have to worry about money.

So I can provide the identical lifestyle for my family that my parents developed for me and my siblings.

So I can look in the mirror daily and be proud in the individual I am.

So my wife never ever has to compromise when she is getting something for herself.

So I can purchase a family compound on a lake or ocean for generations to come.

Now right here is the million dollar question. What’s your WHY? I urge you to challenge your self and dig deep and truly come up with your WHY.

So what is holding you back. Write down your WHY right now.

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Dreams that are Powerful

February 7, 2010 by  
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I recently spoke to a Youth Leadership Group, and I was deeply inspired listening to the dreams that the teenagers had for the future. While I was presenting, I felt the group of teenagers begin to realize that it is ok to dream and be proud of what you have done in your life and where you want to go in life.

By the age 25, most people lose all of their dreams and fall into a rut. From the age 25-65, people generally go back and forth to work and say to themselves,\” I wish…if only I could have…if only I knew then what I know now,\” and numerous other lamentations as to why they do not feel fulfilled in life. The key in life to feeling fulfilled is to simply listen to your inner spirit and make your daily work in life something that you love to do and will help you achieve your DREAMS! As adults, we need to realize that the power of a dream will enable you to achieve whatever your ultimate \”WHY\” in life is.

As a professional speaker and business coach, my ultimate outcome is to empower people to find their WHY in life — to catapult them to attain their dreams in life. I also spoke to the group about how important it is to be around a mastermind team, which will push you on and let you know it is awesome you have a dream. The key word in that sentence is DREAMS! Too many people when asked, \”Where do you see yourself 2-5 years from now\” give the answer, \”Just let me make it to this weekend.\” The underlying reason that they don\’t know where they are going to be is because they have no dreams. This can be extremely frightening! Each of the teenagers that I spoke to this week has dreams for their life and where they see themselves in the future.

As an overall population, over 95% of adults have no mastermind team but they have group of so-called friends, who will tell every reason why they should never try to win and to just accept their life. You need to stop right now and take a personal inventory of your life and ask yourself three life-changing questions:

1) WHAT is my WHY in LIFE!!! (Why I am getting up each and every day?)

2) WHO is my Mastermind Team?

3) WHERE do I see myself 2-5 years from now?

The key to living a fulfilled life is waking up each day with a driving desire to achieve your \”WHY\”. The key to winning in life is to be part of a winning team and realize life decisions are challenging but very beneficial. Bring your Dreams back to life! The key to living a fulfilled life is waking up each day with a driving desire to achieve your \”WHY\”. The key to winning in life is to be part of a winning team and realize life decisions are challenging but very beneficial.

Want to find out more about Motivation, then visit John Di Lemme\’s site and get \’7\’ Success Motivational MP3\’s plus a Surprise Bonus of *10* Motivational Videos and Audio Samples… Motivational Club for your needs.

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Extra Income Working from Home

November 30, 2009 by  
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Every entrepreneur, to achieve any amount of success should be motivated. Motivation comes from passion. Every book published or e-book that deals in money making and motivation screams passion – the most important ingredient in any successful entrepreneur.

Similarly, when you think about going after that extra income, you have to create a burning passion to do so. It will keep your fire glowing for a long time, at least till the first results become apparent. After that passion at a particular level keeps in rotation, after all money is the biggest motivator.

An entrepreneur embarking upon the route of home office and extra income should strongly believe in himself and his capabilities. He/ She should be thick skinned not to be perturbed or affected in any way by others comments and opinions. People are just plain jealous. Clear conscience and belief in oneself does not seek external approval. Evidence enough that, once you are successful and start earning extra income, the negative opinions and nasty comments turn into praise. One should have the ability and courage to make independent decisions and abide by them. This would be your most valuable asset yet.

Online businesses are basically scams – popular opinion of people around you in any part of the world. Your online business needs your approval heart and soul; otherwise success will keep eluding you and so will the extra income you planned from it. If Edison did not believe, that electricity can be harnessed to light up human life; we would still be living in the dark ages, wouldn’t we?

Being flexible with working hours, being energetic, planning wisely, focusing on short-term objectives and stress control are hallmarks of a successful home business owner. If you think you lack in any of them, practice till you make these attributes a part of your involuntary senses.

Discipline to start is very important but to know where to stop is more important. Do not overwork or stress up yourself to the point of not stopping. It will only burn out your imagination and render you useless for some time to come. Making short time extra income, you will lose out on the next few dollars (ex: Burning out today may earn you $1000 today, but by not working for the next 3 days you will lose $500X3 = $1500). Work the number of hours as per the plan you carefully laid out.

Building your business is more important than earning money out of it. As your business sustains and grows, the money you earn from it automatically grows. Treat the home business as your hobby and keep abreast of it through updated information. Knowledge earned does not cost a cent here but will help in decision making in all spheres of independent life.

Last but not the least, fear of failure and not failure itself leads to most failures. Keep trying, look at failure as a part of learning and appreciate your benefit of knowledge from it. Learn fro your mistakes, a lesson we have learnt in primary school.

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Extra Income – Linear and Residual

November 30, 2009 by  
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Gone are the days of mid 50′s and 60′s when a family could survive upon a single income. Today the inflation and economic factors are such that survival on two incomes has become hand to mouth. Going by this trend we can very well imagine what the future holds for us. Two incomes certainly will not be enough. It’s best to prepare for the worst and expect the best instead of vice versa. Its best then to have multiple incomes flows into your finances than to have an insecure future. The concept and importance of extra income becomes all the more apparent.

People who have been well-to-do have always known and taken care of this. If one income dries up, one can always fall back upon the other streams of income, and if all go well you can only get richer, no harm in that. Ordinary and average living people have always been in a dilemma regarding this. Loss of one income really affects them adversely and it would take years of hard work before any normalcy returns. Not to mention, the rippling effects of financial distress that could cause a lot of heartburn and unwanted emotional disturbances.

Having diverse sources of income or extra income gives you a backup to fall back upon. If one source vanishes, you should not feel the difference. One should have enough time to reorganize and regroup, that’s it, and you are back on the happiness highway, safe and sound. The importance of extra income and extra sources of incomes is not lost on anyone today, therefore the want and rush.

Extra Income can be of two kinds – Linear and Residual.

Linear income is the extra income you earn on an hourly, daily, weekly or monthly basis. There is no more future commitment attached to it from your end or form the receiver’s end.

Residual income is an extra income where you work hard once and reap the fruits of it all for many years in the future. The reward for the same effort paid over and over again.

In normal course of a career, any individual earns a linear income through a job or a profession. You are earning only for the time you can spare on work on a daily basis. Some earn a higher linear income. Most smart people try to shift to residual incomes from their linear incomes through extra income routes to have a secure retirement and future. Starting with one residual extra income effort a year would be a good idea.

Internet gives a lot of options in the extra income route. One has to be careful in selecting the right one from them by recognizing the hype form the straight talking ones.

Almost all these programmes have residual income components in them. Select one and give it everything you can, when you can earn the residual from it, time to start off with the next one. All the best.

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10 Reasons To Start Earning Extra Income

November 30, 2009 by  
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Home based businesses to earn extra income have become widely accepted all over the world are spreading like forest fire. They have become most desirable businesses to start for apparent reasons:

Imagine how it would feel to get up at your own sweet time and not hurry to office in the regular chaos of snarling traffic all the while getting choked on pollution. And then, to begin the day as though you are fresh form home and nothing has happened. Listen to the Boss ordering you around and giving you the grind for deadlines.

Extra Income has not hurt anyone up to now, and it should not be hurting you either. If you are willing top do that extra bit of work or travel that extra mile for your boss, I am sure you will be more than willing to do so for yourself, especially if you feel that it would improve the quality of life of you and your family.

Extra Income does not come for free. It involves hard work but of the kind you would want to do. It is not hard work when you are doing what you always wanted. A little bit of inspiration could get you off the mark, wouldn’t it? Let’s get going point wise;

1. You will be your own boss with no one looking over your shoulder. Freedom of time, moment, goals, finances everything left to you.

2. Work at your convenience. Be your own time master. Flexibility benefits are more for mothers and people having other responsibilities apart from profession.

3. Flexibility to do whatever you want to do, whenever you want to do it.

4. The above factors help you to pursue your regular income job until you are sure of the extra income business. You can always switch.

5. Job security and fear of unemployment vanish.

6. Sense of pride. Make you more of a complete person who can proudly say that he/ she is an entrepreneur who has achieved something.

7. Self confidence going through the sky. This factor will help you face most hurdles in life with a lot lesser heartaches and stress.

8. Limitations of earning do not exist. You can earn as much as you want by just stepping up the speed.

9. Many countries offer tax benefits for home based businesses, since it is considered extra income. So greater credit ratings with lesser tax obligations.

10. You can retire at your own time, at 30 or at 60, it’s entirely up to you.

Success becomes a commodity which you can measure with your own yardstick rather than others, which contributes a lot to your personality and the finances through the extra income you earn. The above reasons are certainly worth a glance if you are considering being successful and independent in life.

Analyze the above points on a piece of paper before making your decision on whether you want that extra income or not.

Check how I utilize the services and make money online with Global Virtual Opportunities (GVO) at my GVO Review Blog.

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How To Go About Earning an Extra Income

November 30, 2009 by  
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Extra Income means an income that you can earn apart from the regular income coming in from employment or normal work. This earning can be used to payoff your outstanding debts or build up a capital account or spend it on luxuries that you could only think about before. Everyone seems to want a second income but no one wants to work a second job, so the extra income is normally seen as a windfall.

When we compare income levels in different countries, it is evident that the average income per person is less than $15,000 a year – in other words, where many people are near the breadline – Extra Income really does make people happier and improves their lifestyle.

But countries which have average income above the normal subsistence level of approximately $15,000 a year, happiness seems to be income independent. For example, an average American ranks richer than an average Indian or an Austrian, but also less happy.

Why does this happen? People always look at their income relatively with some norm or the other and the norm keeps rising all the time. And this norm is what increases the spending, more or less in direct proportion to the income. Two things drive up the norm with which people compare their incomes. One is the income that they themselves have experienced — which habituates them to higher standards of living. And the other is the income that their colleagues or neighbors get, and which they try to outdo. The extra income options available today are targeted to generate employment and are targeted specifically at people who can use their skills that are lying dormant to make some more money for themselves. To achieve a moderate success in generating an extra income one should be aware of their strengths and weaknesses. This would greatly help in selection of a most suitable way to generate extra income.

The selection process consists of logical steps. Firstly one should ask themselves of an honest opinion of their strengths, what they excel at? What do people around them keep complimenting or criticizing them on? Are they perfectionists? For example, if you are a computer literate you could help your neighborhood in upgrades, repairs or installation of software.

The extra income can also be augmented by doing extra seasonal chores like raking leaves in the fall or clearing snow in winters. These are just a few ideas, but making an extra income augmented with self analysis will take away the need for a second job.

Today the internet and the general market have a lot of ideas for generating extra income. Network marketing in general market terms has been successful to some extent. Internet offers something similar that says affiliate marketing. The internet also offers a host of other options like writing, advertising and simple technical non-technical jobs which can highly augment your regular income. The extra income that can be earned form these opportunities depends on how good your skills in the field of your selection.

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