Keep The Lifeblood Flowing

Dried up cash flow makes personal financial planning impossible. Entrepreneurs spend most of their time and creativity either increasing profits from an income stream, or adding new income streams.

Stop The Bleeding

Carrying debt is like bleeding your profits before they get circulating. The credit quickened economy wants you to believe you can enjoy what you can’t afford today. Debt reduction is like a leaky band-aid; eliminate debt even if you need stitches.

Live Long and Prosper

That never gets old, but we will. Unless we know how to protect our assets, the odds are pretty good that someone who wants what we’ve worked hard for might try to get it someday.

The same principles apply to our business finances as well as our personal finances. Here they are again:

  1. Increase Cash Flow
  2. Debt Elimination
  3. Secure Assets
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Plugging In vs. Standing Alone

The marketing system you choose to plug into should definitely take you further than if you tried to master every aspect of doing business online alone.

From marketing techniques to advanced business strategies it just makes more sense to work with professionals.

When I first got plugged in it reminded me of the incredible variety of sounds that can be created with an ordinary acoustic guitar and a modeling amplifier.

Experience the Excitement

The sensation I had when I realized that by pushing a button the sounds from an ordinary acoustic guitar would mimic a variety of electric guitar pickups and amplifiers was one of astonishment.

Similarly whenever the need arises to expand the dynamics of my business it usually involves pushing a few buttons (metaphorically) and allowing the internet marketing system I’ve plugged into to do its job.

Just like a team of talented engineers designed and created the modeling amp, many experts have pooled their talents to create the system that allows me to flow effortlessly through the world of international online business.

Building on a Firm Foundation

When we decided to home school I had to do a lot of research into the different curricula available. What stuck with me the most had to be the evidence presented by parents who plugged their children into a specific math system.

With only the basic skills in math and an elementary reading level, my children have applied this system to learn advanced math on their own.

Not every internet marketing system is going to be on the same footing. These are businesses themselves and their success mimics the achievements of every entrepreneur that plugs into them; that’s why they keep getting better.

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Tip #5 From The Entrepreneur’s Training Guide

I’m convinced one of the reasons I get so sluggish and can’t stay focused during the winter time is that walking regularly becomes more of a burden than a release.

On my schedule the day is split between my two most productive sessions:

1. Before anyone else wakes up – when there are no distractions and concentration is easiest.

2. The 2 hours following my afternoon walking session.

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Most of my takes place right here inside cyberspace. In this setting no mentor needs to leave their office or home, no student needs to catch a bus, train or plane.

As an entrepreneur this training is essential. Regardless of our expertise or specific areas of knowledge, becoming leaders and developing leaders determines how quickly a business can grow.

In this environment, I have access to both training materials and business resources, but when I’m teaching or learning about becoming a better leader, I don’t have the intimate connection that makes it real.

On The Phone

The over the phone training session is something I’ve been doing my entire adult life. I remotely train either clients or colleagues while they’re present with a software or hardware configuration that I can’t see.

For obvious reasons this takes more time:
1. The terminology I’m using may not be the same as an onscreen readout
2. They have to explain what they see.
3. I have to interpret what they see.
4. They have to find what I’m explaining.

Over the phone leadership development has some sense of personal contact but not the real deal. We want to ensure what we’re communicating is actually understood.

A training session on a software program will have some evidence of comprehension; they’ve arrived at the desired screen.

Knowing that a leadership skill has been grasped is more difficult to ascertain.

Live and In Person

Nothing beats this. I know when I’m sitting down with someone if they understand me. If I’m not convinced, I can read their eyes and body language while they answer questions.

The same is true for a live event. Nothing compares to being able to confront a speaker with my specific question. Nothing presents more meaningful feedback than having someone relate what you’ve taught in their own terms.

Packing My Bags
I’m attending a Master Marketing Event in Boca Raton at the end of the month. I’ll have an opportunity to meet a few leaders I’ve only seen online in videos or heard over Webinars and phone calls.

This is leadership development training at its best. All of the passion we can muster for an online meeting doesn’t even compare to the warm up at an event like this.

We’re social creatures. We wither and die in isolation. In community relationships with like minded individuals our energy soars.

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If it weren’t for the fact that most of the work at home dads I know live so far away, I’d start that club tomorrow. The fact that I already have long distance relationships with my mentors, my master mind group, my team and most of my close friends, means this new club would only have virtual meetings as well.

I live in an area where what I do isn’t half as valuable to the fathers I know as how I do it seems to be (I work from home). I’ve traveled for work to jobs in just about every direction from where I live and none of them are without problems.

As the cost of living continues to rise and two parent incomes no longer meet the lifestyles people had become accustomed to, alternative or extra income sources are highly sought after. Anyone who spends all day working would prefer generating that extra income from home through an online business opportunity, rather than staying away from their family even more.

The beautiful part is when the entrepreneur no longer depends upon the job on the outside and the lifestyle suddenly transcends the one they used to miss. Opportunity is only exceeded by a greater opportunity.

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Discovering The Work At Home Business Opportunity

Long before jumping into the true world of an entrepreneur, I would research telecommuting jobs. The concept of doing your work at home originated more with employers who either didn’t have the office space, or didn’t need particular employees in the office everyday. The rising cost of gasoline in areas that didn’t offer public transportation services, increased the willingness of companies to consider the concept of telecommuting.

The advancements in telecommunications services that had previously enabled companies with offices in diverse locations to work together, now made it possible for people to log in from home. Having a few key pieces of office equipment made working at home virtually the same as having an office downtown. A telephone appointment from the fifth floor of an office building was no different from an appointment conducted in the home.

If the goal is simply to work at home, a telecommuting job might sound appealing. It certainly lowers the expense of traveling to work each day. Many people are satisfied with this arrangement and lead very productive lives.

People who telecommute have an advantage over those who must travel to work when it comes to starting a home business. They can taste the freedom of working in a comfortable environment. They also have more time to expend starting and running a home business.

Like everyone else, telecommuters have little control over the amount of their paycheck. As employees of someone else, they are still subject to cutbacks, layoffs and failed businesses. The advantage of a virtual office won’t make a difference if they can lose their job.

Work At Home Or Anywhere

I spend a great deal of time on conference calls and phone appointments. My virtual office is now mobile. If my laptop is with me I have most of my home office in a case. Since most of my business is internet dependent, I can attend webinars, work on projects and campaigns from anywhere cellular service is available.

That isn’t to say that these options aren’t available to telecommuters, but by and large the costs of working this way will be at their expense rather than the employers. I’ve heard of companies that offer small compensations to cover some of their employee’s home office expenses, but others offer nothing.

Using time management principles, I’ve structured my schedule to meet both my business and family needs. This is my schedule. If I have to answer to an employer, their schedule becomes my schedule. Changing my schedule is always easier than changing someone else’s.

The Real Difference

The work at home opportunity isn’t the same as the at home business opportunity. While both offer the comfort and convenience of working from home, one is designed to profit a company, the other is designed to produce personal, financial independence. One uses the principle of exchanging time for money, while the other leverages time to produce profit.

If everyone were guaranteed that their particular job would afford them the lifestyle of their choosing, ensure continuous employment with retirement security, there would be no incentive for the entrepreneur.

I can remember when it was time to select a career, during the training and the immediate employment phase, it seemed like nothing would ever change.

We hadn’t seen a personal computer yet, and VCR’s were very expensive to buy. Digitizing analog signals was cutting edge technology.

Why Is It Essential?

Including people who own traditional businesses, everyone needs a work at home business opportunity. Not everyone will be successful, but anyone can succeed.

Looking at this as an essential for everyone, while recognizing that everyone won’t be successful sounds like a contradiction. Considering that everyone needs income to survive, it is also understandable that a percentage of people will lose at least one job during their lifetime. It is also reasonable to conclude that private business owners are also subject to failure.

The difference in the work at home business opportunity is that you are neither subject to losing your business or your job. The only reason people don’t succeed is because they quit. Gaining ground daily, true entrepreneurs are reshaping the business world because quitting isn’t an option.

Achieving success, like the objective lifestyle goal, is a personal matter. Some people would simply like to live comfortably. Others have a passion for travel or exotic vacations. For certain people profits between five and ten thousand per month are sufficient, while others work to achieve the same amount every day.

Not every work at home business opportunity offers the same potential for unlimited earning potential. Always seek an opportunity that builds wealth through residual income because when we decide to stop working, inflation won’t.

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