Home Based Business Success – Back to Basics

It would appear that one of the most prevalent problems that still exist in building a home based business, is achieving long term success. Oh sure, people get started in business opportunity and have some limited success for a few short months. However, what about 6, 12 or 36 months into the future? How will your business look at that time? Will you still even be with the same company? So why is it that there is a 95 percent failure rate in this home based business industry? There are five suggestions that I believe are important to understand to impact your business in a positive way.Given all the available how to books and information on the internet, one would believe that failure rates would be much lower in a home based business, yet they are not. Tough questions need to be asked and more importantly we need to find out why is success so elusive for the majority of people. The other day, I was talking with my friend Cameron about people that are involved in a home based business and how important it is to build for local, national and international events with their respective companies. I started thinking about all the people that I have brought into a business over the past 15 years. What I thought about was, did I bring them in the right way? In other words, were they set up for success from the beginning of their journey. My article is focused on what to do with new people that join you in your home based business.Once someone joins your organization, understand that the real work has just begun. As a mentor, here are some guidelines that you can incorporate to build team synergy and growth.First, as simple as this sounds, yet is often over looked, get to know the new person on the team and find out what some of their specific goals are with starting a home based business. For example, have they ever been involved in a home business or is this their first time up to bat? Are they looking for a part time income or are they motivated for replacing their full time income? Without a doubt, one of the critical underlying questions for long term success is to find out if their WHY. I cannot stress the importance of the answer to this question. This will be their internal driving force to endure the ups and downs as they build a home business.Second, something that I have personally witnessed numerous times, is to have a basic training for the companies back office. In other words, show them around and where to find information, how to sign up someone into their organization. It may sound too basic for some, but remember, many people have never been exposed to the home business industry and affiliate programs etc. They need to know the companies policies – period.Third, and very important is do 3 way calls with your new person and other leaders in your organization. I recalled in the past 3 companies that I have joined, one of the first things they did was introduce me to other leaders. It was very exciting because they would tell their story about how they got started and what they did to build a viable home based business. This may sound basic to many, but time and time again, I see too many so called leaders fail to do this tiny, but important step. New people want to feel included in the team and know that if you are not around to help them, that they can call someone else to answer their questions etc.Fourth, develop a business plan with your new person. You need to understand how much time they will invest in starting a home based business. One of the main reasons I have seen for such a high failure rate is the absence of a clearly defined plan on how they will work their new business on a week to week basis. It’s the equivalent of starting on the east coast and driving to the west coast without a road map or knowing where you are going.Fifth, ensure they are on the team email distribution list for upcoming weekly conference calls, team training events, local and national events etc. In other words, get them plugged into the system. We get so busy in our daily lives, we sometimes can overlook to remind our team about important upcoming events. These types of events create a further bond between the new person and team synergy. We like to call that building for team events.Sure the above suggestions are common sense to many, but they are still critical to your success and the new people that join you. The above are guide lines only and some people may do them in a different order, but the main point here is to get them involved, introduce them to other team members and show them how to make money. There is magic and power when people come together. Friendships are created, bonds become stronger and new people get to see the bigger picture of the overall company. After all, you want them to be part of your home based business team for the long term – right?Regards,Darrell LischkaMake it a great day

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