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For many people the first step in a successful networking marketing business is to replace their full-time income allowing them to dedicate all their time to their home based business. Working from home full-time is a real privilege and it's a position that must be earned through hard work. In fact, most people have to work double for a number of years before they can fire their boss and transition into working full-time on their network marketing business. This is part of the reason why for many, time management in your network marketing Internet business is crucial. Working from home eliminates many of the stresses that come with a regular job, not having to travel and never having to report to a boss are just 2 huge advantages! Without your boss looking over your shoulder, time management and accountability can go out the window and so it's best to view yourself as the boss. If you're not performing it's a good idea to fire yourself (just remember to re-hire). In our fast paced, instant gratification society, it's easy to be lured by get rich quick opportunities and there are plenty of people willing to play on this fact in order to get your hard earned cash. The reality of the situation is that there are no get rich quick programs and just like any other business, a home business requires time and dedication. Many people believe running a home business is extremely easy, but it is not. Having said that, once you start seeing success in your home business, you will find it will bring you great joy and is well worth the effort. Working From Home Failure Rate, Why Is It So High? The 90% failure rate of network marketers aspiring to the work from home dream is not a reflection of how ineffective the network marketing models is. You will find that the success rates in any business, home based or more tradition brick and mortar business is very low. It's not so much the business model as much as the people using it. What are 3 main ingredients to running a successful network marketing Internet business?
Passion - you have to have a burning fire to want the freedom of a home business. Dedication - you have to be dedicated enough to get through the tough times and the fatigue that comes with working double for however long it takes. Direction - unless you can channel your passion and dedication in a clear and focused direction you'll be just another runaway train that could end up anywhere!
For a start up network marketing home business owner, time management is going to be extremely important. When you work a full-time job and then have to come home to work your other business, every single minute counts and you need to be accountable. It's true that working from home gives you more freedom but you can't just go wild and do whatever takes your fancy. It helps if you plan your days out in advance so that you know exactly what you are going to be doing on any given day. You must structure your days just as if you were working for a boss if you want to be successful in your business. You must work towards being consistent in your work so that you can build up to a steady income, there's no point having freedom if you're sweating bullets about how you're going to pay your next bill. 5 Tips For A Successful Time Management Plan A successful networking marketing Internet business requires a rock solid time management plan. Below are some tips to help you improve your business.
Map out a schedule with all of the tasks that you plan to do on any given day. This is extremely important and I feel strongly that anyone starting a home business should do this. The schedule can be whatever you like but establish a habit of completing everything on the list. To reach maximum productivity you must follow your schedule completely. You must take full responsibility to make sure that every task on your schedule is done, you mustn't let anything get in you way (expect emergencies of course). Make sure that you have absolutely no distractions while you are following this schedule. Turn off anything that could distract you from your work; TV, Instant messenger service, email alerts, anything you can think of. You could get an alarm clock and set it for 50 minute blocks, work solidly on your list and then take a short break. Weekly schedules should be set and shouldn't change. Having a daily schedule is important but mapping out your week before hand is also very important. At the end of each day, print out the list of to-do's for the next day. The list should prioritize the most important tasks to least and they should be completed in that order. Find a mentor that you can report your progress to, this will help keep you accountable. When choosing a mentor make sure it's someone you respect and this way you will not want to let them down. This is a great way for keeping on track and getting an objective perspective on how well you are progressing.
Wondering about what's the best thing to focus on? My recommendation is to focus on attraction marketing, this kind of activity will lead to a constant stream of prospects coming into your business and the best part is you don't even have to think about it, they just show up.
Article Source: http://EzineArticles.com/?expert=Stephen_J_Anderson
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