Despite the recent tough financial climate, the home business industry is booming. Naturally, that's because a large number of people each month are turning to the world wide web looking for a way to supplement their regular income.
However, there is also a negative side. Most of the folks who try their hand at becoming an entrepreneur don't reach the levels of success they expected to achieve. In fact, over 90% of them don't achieve any success at all. Why is that?
Actually, the failure statistic is a little bit misleading. It's largely made up of individuals who have a false expectation of the home based business industry. They spend their time joining opportunities and quitting shortly afterwards, stuck in an endless cycle of switching between every 'next big thing' to hit the scene. The industry doesn't help itself by attracting these people with it's false marketing about easy incomes.
You can assess your own potential as an entrepreneur by asking yourself these three important questions before you get involved with any business program:
1. Are you merely trying to build an easy income, or do you genuinely harbor an ambition to become your own boss?
2. What is your current schedule like? Most people don't realize how much time is put into running a business.
3. What initially attracted you to the world of affiliate marketing? Too many folks jump into programs purely because it has the potential to earn them money via it's affiliate plan. They lack interest in the products and services and, ultimately, it shows in their work.
There is a large crowd of individuals within the home business industry who are responsible for a big portion of the failure statistics we mentioned earlier. They spend their time jumping from business to business, hoping to strike it lucky by finding the next Google or Apple. The bad news for those individuals is that the home business industry preys on their nave nature and they often end up in an endless cycle of switching programs, never getting anywhere with any of them.
The 1st question asks an important point. If you are somebody who has been tempted by the idea of self employment for quite some time now, then the internet can make a very powerful tool. On the other hand, if you are merely curious if you can push a button and see instant success, the internet can be your worst enemy.
Being self employed is a tough job and it takes a certain type of personality to be able to deal with the pressures which come along with it. Don't fool yourself into believing you are going to be sitting on a beach in Barbados while money rolls in through your computer, because you'll hold yourself back. In order to reach success, just like in the real world, you will have to be working on your business every single day.
Another issue is the time commitment. Again, the industry can sometimes be quite misleading when it comes to the level of dedication one must have in order to succeed. If you adopt the same type of work ethic required to run a business in the high street, then you are on the right track. On the other hand, if you are looking for something where you can merely log into your business for 5 minutes every day and expect to see a great financial return then you'll be sorely disappointed.
The final question is one which will help you to decide which opportunity, if any, is best for you. Most people get involved in home based businesses because they like the idea of doing something they enjoy for a living. So it's amazing how many people then choose to work with programs and companies that they have very little interest in, other than the potential earnings of it's affiliate program.
There are so many businesses to choose from on the internet, there is literally something for everyone. From Empower Network to Avon, Mary to Dynamic Digital Enterprise and more, every possible niche has options if you are trying to make money online. The part most people overlook, sadly, is taking the time at the beginning to ensure they make the best choice for the right reasons. []
About the Author:
More Info: Russ Howe is now a world leading Empower Network affiliate. You can obtain his thorough and honest empower network review in today's interview, which covers the aspects of the home based business industry which cause most affiliates to fail.
