Saturday, October 3, 2009

10 Reasons Why Millions Fail in Online Home Business?

Why do millions fail in online home business while a few shine through brilliantly? A very good question to ask yourself before you take the plunge in the business industry let alone the home business setup. In my previous posts I have written about home business strategy and how discipline plays vital role in it. You lose direction you lose it all. But that isnt the key element to the failure of millions of hopefull souls every year, month and day. Did you know that 97% of these people will fail and quit the home online business industry, so 3% who really make it must have some cutting edge technique to survive and thrive with a genuine smile. Well its commonly known now that winners don't do different things they just do things differently from the rest.

For starters if you are one amongst millions who start out in the online business to work from home, your chances to fail are 97% because :
1. You have been mislead into this business by someone who tells you that you will be rich soon without actually investing your time, money and energy. To put it simply you were told this is a lottery ticket you are entitled to win.
2.You don't follow or sign up to a systematic approach to succeed in the business.
3. You have no guide / mentor to teach you how to take your first baby steps in the online business world.
4. You don't have a mentor / guide who has had a mentor / guide who taught him/her well in the industry.
5. You don't get motivational training to change your mindset to become an entrepreneur and a successfull one.
6. You are not given a systematic training with every new thing that comes up in online marketing or technicle know how to be aware of.
7. You are not given a marketing plan or a business plan or told when should you start expecting results or what kind of expectations you must have when you start out new.
8. You are not given training to be patient and resillient with the momentum building process of the industry. Yes, BINGO !!! moment here for you and this is the crux of the matter that matters. You need to build momentum in this business to win.
9. You just give up on things too soon before you taste success therefore being rich is not your kinda thing. You just don't want to mould yourself in the mindset to become rich.
10. You think being rich is all about the pots of cash that you can spend anytime you want any how you want. That calls for a double BINGO !!! moment. You see being rich means having the power to relax and call shots in your day at your time after having given time to your business. Yes 24 hours are more than enough for smart entrepreneurs we dont run short of time.

These are just 10 reasons there are more but if you sort these one out I don't think you'd need to know the other reasons as these can be pretty crucial to fail or succeed in the 'WORK FROM HOME' online business. Well its not just work from home; you could be a regular business person working from your office or anything but your reasons to fail in any business not just online will remain almost the same. So get your act right, follow a tried, tested and recommended system where the people who built it have already burnt their hands in this industry for you to learn from it and not walk that road. Follow such people who have created a system which anyone in the world can not only follow but also get tonnes of training everyday from it to improve on the way to success. Here's one of the places I found to be cool if your a beginner or you want a fresh start all over again, From Rat Race to Peaceful Days

Wish you Wellness,
Neha
R.D
Related articles -
Successful Strategy in Business

Resillience & Perseverance in Business

3 comments:

Sarah Morgera said...

Good Content! Being an entrepreneur I have always worked to lead my downline to this success taht I know they can receive. But they have to choose to take it!

Isreal said...

A good post on 10 Reasons Why Millions Fail in Online Home Business.

I did come across a blog http://israel.buildlastingsuccess.com. It’s all about starting home business based on insurance and legal plans for a 36 year old cash-rich company. It is publicly traded on the New York Stock Exchange, and reports directly to the Securities & Exchange Commission. Their 15 consecutive years of RECORD growth... is 100% verifiable!

Thanks,
Peter - Best home business opportunity

SupremeLuxe said...

Yes, yes, and yes! Having your own online business IS alot of work....but if you enjoy your subject matter, then it's quite rewarding.

Nice job on hitting the challenges....you've definitely laid them out well.

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