Adapted by Dennis Petersen from an article by Chris Widener
How many people do you know who wish for a better life but never seem to do much to change it? It seems to be natural for almost everybody to desire a better life. But is their desire matched with effort to do anything about it?
No matter where we are in life we tend to at least have fleeting dreams of a better place. I suppose some would think that is a good quality, but is it really?
It might seem good to have a dream that we can see far off of a better situation for us, our families and our businesses and communities. But is this really a good mindset to maintain?
What good is a dream if it is not progressing toward reality?
A lot of people give up dreaming for this very reason… There is no progress in reality toward the dream. A dream can make you feel good, but long term, if you don’t actively pursue it and make it a reality, the dream will cause you more frustration than anything.
But there is a good reason to have hope! I’m talking about the day your life really changes…the day that your dream starts to become a reality, and not some pie-in-the-sky wish. Imagine a day that literally turns your life around for you – a day that things begin to get better and you begin to fulfill your purpose, your mission and your destiny!
When is this day?
It’s the day you make a decision! It’s the day you say “enough is enough; I’ve had it.” When will you get serious about changing your future?
The simplest key to changing your life is to make a decision, and then to act upon it. Once you start taking action and follow-through consistently until your dream becomes a reality… THAT is the day when your decision is etched on your doorpost to face you every day from now on. Life will begin to change for you.
So the decision is the key? Yes, it is. Every dream begins as a thought. What is yours? You might have to start with the reality that you were born to be a producer… to be productive… to be more than you are now by applying your desire to your circumstances and look for opportunities to make the money it takes to reach the things you dream about. Yes, that’s right… it takes money and money is yours to create as you find ways to provide value for others around you.
What’s it going to take?
But you know right well that to have the financial independence to accomplish the dreams you have is going to take more than ‘making a living.’ So why not work in your part time hours to create the means to allow you to have money working for you rather than you being a slave to money?
You may as well face the reality that to do that you have to learn to master your time and your skills so you can OWN your own business. And that doesn’t mean that you have to be a slave to a business that really ‘owns’ you. Why not find out how to take control of being a producer that is using the right tools to create wealth?
You say: “I would love to have my own business. I’d love to be free to run my life and earn as much money as I want so I can go where I want and help others as I truly want and experience a full life of being more of what I was created to accomplish. Sounds like a good dream wouldn’t you say? It’s probably a dream that a lot of people have and may be afraid to say for fear of being put down. But just because you have a little electrical impulse bouncing around inside your head, does that do you any good?
Dreams have value when you convert them to Action
The dream only has genuine value to you or others if it is translated into action! And it only takes on action if we make a decision to form a ‘blueprint’ or ‘map’ of action.
Let’s sort out a simple plan. What are the decisions to be made here? Well, one might be to quit wasting your off-work hours on activities that are not investing in your future. I’m not suggesting you quit your job. Not yet. But you do need to realize that you are in business for yourself and your job (if you are employed or if you own a small business) is part of your ‘roadmap’ to your future. Another part of your roadmap is how you decide to invest some time into building systems that will allow you to have financial freedom.
Systems Create Leverage So You Can Have Freedom
Once you have built up a profitable part time business that truly leverages your time by using proven business systems to expand your prosperity so you are producing more than just ‘a living’ then maybe you will consider quitting your job. But in the meantime, figure out how to make your expenses match the income from your job. If you are determined to eliminate the things that waste your private time and invest 10 to 20 hours a week into a proven business system with a trustworthy business team, then it won’t be long before you will create a vision for goals that can accomplish your dreams. Of course you must be coachable and self controlled with your new and increasing extra income. You will start thinking like a successful owner of “You, Inc.”
New Disciplines or Pipe Dreams – your choice
As you learn more about how to grow your business, you will discover new disciplines that produce new rewards. You will have to decide what you must do to make your dream a reality. You must make better choices of how you spend your time, who you spend your time with and what you feed your mind. Then you must act upon those decisions. If you do not act, your dream remains nothing more than a pipe dream – a non-reality.
When you have acted, you must follow through. Continue to follow your plan, day by day, moving your dream to fulfillment. Here is a practical exercise to get you moving:
- What is your dream? It could be in any area of life: Work, family, finances, health etc.
- What is a decision you have to make to get yourself MOVING in the right direction? This should be action–oriented, not philosophical in nature. For example, it should be “I am going to invest the time and resources needed to start my new business on March 1st,” not “I’ve decided that being in business for myself would be more fulfilling.” That is an idea, not a decision.
- Next, pick a day you are going to do it. Pick a time. Be specific.
- Next, do it! Commit to your business mentor that you will do what it takes and stay accountable.
- Next, begin the process of continually following through.
- Next, enjoy yourself; you are pursuing your dream! It may be hard, but it will also be the most fulfilling and rewarding time of your life!
“The history of free men is not written by chance, but by choice; their choice.” Dwight D. Eisenhower
Decide, act and follow through. The day you do will be the day you change your life for good!
“the hand of the diligent makes rich.” Prov.10:4
“make it your ambition to lead a quiet life…(at) your own business…work(ing) with your own hands.” 1 Thes.4:11
12 Success Factors to Insist on When Choosing a Home Business
In my experience and after researching dozens of different types of home businesses myself, it is clear that everyone wants to avoid a wild goose chase. There are some key success factors that are critical for long term success. Every one of these factors is just as important as the next.
Here’s a good question to ask any serious business person: “Do you agree that the ideal business is one that keeps customers coming back and that does not require your personal handling of all future transactions?” That’s what creates ongoing ‘passive’ income, right?
Many people are familiar with the “80 – 20 rule.” You know what that is I’m sure. 20% of the people (or less) create 80% of the success or results in just about anything. A good question to ask is: “What if you could have a business where even the 80% (of people who are your customers and business partners) are so delighted with their participation with you that they count their success, even as customers using your products, as adequate reason to continue doing business with you?”
When it’s appropriate to talk with a business person (who could be your potential partner) about the search that many people are doing right now to find a reliable business opportunity, they will appreciate having this list of Success Factors. The logical question to ask next, after a thoughtful review of these 12 points, is my question at the end.
Company track record – How long has the company you’re considering representing been in business? What are the company’s annual sales statistics each year since in business? Does the company print average income statistics for business builders? It should and you should ask for them. Proof of long term sales, success and growth is critical in choosing any business.
Financially sound – Does the company have outstanding debt? Joining a company that is debt free is something I highly recommend to lessen any risk to you.
Strong management team – What are the backgrounds and credentials of the management team? You want to join a company that is run with integrity and strong leadership.
Unique consumable products – Are the products of the company products that people actually need, use, run out of and repurchase month after month? Do the products have any trademarks or patents allowing for exclusive rights (meaning no other company can copy them)? If the products are not consumable, meaning something that a person would only buy once, then that is a business that will not be viable long term. If the products are consumable, however not necessarily a need, that will reduce your chance for long term success. Products needed and consumed monthly make for a solid business model.
Wide market appeal – Are the products something everyone needs and uses? If the products are specific for a certain gender, age group or body size for example, you reduce your market potential. It is not something for everyone.
Competitive prices – Are the products comparable in price or less expensive than the competition? If they are too expensive this is not a business that will produce great results.
High customer reorder rate – Does the company share it’s reorder rate? Meaning how many customers that purchased from the company last month, reorder again the following month? If the re-order rate is low, the business will not be viable as new customers simply replace your old customers producing no real growth or a secure, residual income.
Low initial investment – If the cost to join or start your business is too high it makes for more risk and difficulty in attracting customers and business partners. If a start up fee is high and a ‘customer acquisition bonus’ is also high, beware of what might be a ponzi scheme.
Low monthly requirement – If there is a high monthly requirement, customers/business builders may end up with an inventory or products they do not need. If there is a low monthly product purchase requirement, then customers are getting what they need for personal use each month, and from a business standpoint you know customers are purchasing each month which creates the freedom of true residual income.
Rewards for leadership development – Does the company reward you for helping others in your business succeed? If there is any way the company could remove business builders from your business because of their success, be very careful about joining. There should never be potential for you to lose great partners.
Risk-free – Is everything 100% guaranteed? If not, could you seriously advise someone to join you?
Anyone can be successful – Is the business plan set up for anyone to be successful at any time? If it’s a company that says “Ground floor” opportunity, or “Get in Now”, be very wary. If only the people who join at the beginning can be successful, then eventually people will get hurt.
The only real question after considering this list is this: “which one of these factors would you take off the list if you were going to seriously consider working with the company?”
If anyone seeing this list knows someone they care about is considering working with a company as an independent representative, they might be wise to consider: “how does that company measure up?” If we are honest with ourselves, nothing can match the conviction of ‘certainty’ that is backed up by verifiable data and experience. All the above points are relevant particularly to the one who has a long term commitment in mind. That’s why we should be just as eager to ‘prove all things’ in this part of life as we should be in any other.
If you’re serious about making some changes in your own future, I’ll be glad to direct you to some websites that will help you even more. Start by getting further insights I’ve prepared about the 12 success factors that your home based business must have to succeed and grow. You will find it at this link. Click here.