Wednesday, January 21, 2009

Lay a Strong Foundation in Your Home Based Business

Many people buy into a home based business and expect to have massive success without laying the proper foundation. I am going to lay a foundation for you so that you can move forward with reasonable expectations and a track to run on.

In order to be successful, you've got to do some very specific activities to build a foundation for your long term financial future.

#1) You Must Get and Stay on Autoship

Any home business worth buying should have an autoship order for their products. This will ensure that you never miss a monthly shipment of your product. By ordering monthly, you will develop your own story for the company products. This is also a monkey see, monkey do business. How can you expect your distributors to order the product every month if you do not? It really comes down to a matter of ethics.

This also shows intent to make a profit in your business. Since most of the compensation plans revolve around the purchase of products, by purchasing the products every month, the IRS can tell that you are serious about building your business.

#2) Set Up a Tax File

Did you know that just for running a home based business, the government allows you to write off thousands of dollars every year in taxes? It's true. By saving your receipts for business expenses, you can save thousands of dollars per year in tax write-offs! This fact alone is one of the biggest reasons to run your business. While you are actively making money, you can save money too! This will increase your profits even more and give you more money to re-invest back into your enterprise.

#3) Set and Write Down Your 90, 180 & 360 Day Personal and Income Goals

This is a critical for your success. It is true that people who write their goals down on paper and share them with others, are 90% more likely to reach them than those who don't.

It's all about seeing the possibilities as probabilities; Beginning with the end in mind; speaking into existence the act that will follow. Envisioning yourself receiving monthly checks from your company, that could set you and your family up financially for the rest of your life. Would it be worth it, to take the time to write these personal and income goals down right away? You bet!

Now that you have set yourself up on autoship, set up your tax file, and written down your goals, it is time to get started building your business.

This is where we come in. The top income earners in each and every company all have several things in common. They are coachable, teachable and they all have a desire to learn new skills.

There is a coaching program called 180daystogreatness that is now available to everyone on the internet. The creator and our coach is Nadira Haniff. She teaches skills that will absolutely set you up for the rest of your life in business. Learn more about this revolutionary business building program today.

In my opinion, it does not do any good to invest the money, time and energy into getting started in business if you are not willing to invest in yourself and develop the skills you are going to need to succeed.

Suzanne Lavigne has a successful home based business and is a successful internet marketer. She believes that everyone can become successful with the right plan and the right mentor. She enjoys helping others become successful to live the life of their dreams.

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