Whether you chose real estate, franchising, network marketing, stock trading,
etc... as a newbie, these 3 keys still apply. This article is specifically written
for network marketers and internet marketers.
1. Realize that if you are taking on a new idea that you have a
learning curve to go through.
If you are new to an industry, whether it is network marketing or internet marketing you will have a learning curve to go through.
The way to overcome this learning curve quickly is to set aside a certaion
amount of time and money for education. In the beginning stages of your learning
curve you should spend 50 % of your time and money in tools and products that
will teach you the new business.
The other 50% should be spent on applying what you learn because the best
way to learn is by taking action and making mistakes.
If you take this approach to your new venture you will not fall victim to the
hype of the get rich quick promises that you will inevitably be bombarded with.
What happens to most people is that they purchase different products and
services with the expectation that these tools will help them to make a certain
amount of money in a certain amount of time.
When they fail to get the desired results, they get discouraged and give up easily.
In essence, they fell victim to the hype. But they are bigger losers than they realize, because they let a failure or two knock them off of the path to personal fulfillment and living their goals and dreams. They go back to living in mediocrity.
2. Get a positive cash flow as quickly as possible.
I am sure you have heard some of these business cliches:
"You are not serious about your business if you do not have a business license."
"You have to spend money to make money"
"If you are serious about making money you need to do this, do that, buy this, be here,
etc..."
Blah, blah, blah....These beliefs have been programmed into our subconscious minds
subliminally over time, and the cause us to willingly do things to increase our expenses and make it harder to get a positive cash flow. We do all of this for the sake of "looking like" we are in business.
Traditionally in business, it takes a few years to get into profit. This is considered "normal". This is not normal for if you are involved in online mlm
Life is too short. You need to get a positive cash flow as quickly as possible. That is the bottom line. Cash flow will always be the bottom line in business.
Set goals to get everything that you want for your business and use the cash flow from your business to pay for those things.
You may actually need all of the "business stuff" if you are starting a traditional brick and mortar business, but most people who are just getting started in online mlm get caught up in the idea that they need to look like they are in business before they can start making money.
Then they allow themselves to get sold all types of business products and services so that they can look an feel like they are in business.
3. Take consistent action.
Consistency is important in so many areas of our lives. The same is true in business. Decide on the amount of time you want to commit to your business actions and stick to it.
As you consistently learn, and take action in your business, you will find that you will soon get past the early stages of your learning curve and start to have success.
It is important to remember that you will never know it all and there will always be something that you can do. Commit to the habits of lifelong learning and of being an action taker.
Much Success,
Jeremiah Carstarphen
The Cartoon Coach
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