Home Business Blueprint: The Building Blocks When Starting Your Home Business Blueprint

 We have all been there... trying to figure out the best ways to get ahead. We are always in search of the next "big thing"... We are constantly trying to find that edge that can separate us from the competition. Why do some people achieve elite success and others, well, others just flounder? There are specific steps we all must do in order to stand high and mighty, on top of that hill. These can and will create a tremendous foundation for anyone navigating through their home business blueprint:

1. Brand Yourself!

The biggest challenge when starting your home based business is understanding that you must create & cultivate a brand... a brand of YOU! When I first started my home business (and had no idea of what the industry entails), I figured I could be that guy behind my computer, growing my business without anyone knowing me. That could not be further from the truth! Set up a Facebook page, a Twitter account, Google+, LinkedIn and start a website with YOU as the focus. People want to know who and what you stand for-the faster you can build your brand, the faster you will ascend within your home business blueprint.

2. Expose Yourself (Don't Worry-it's not what you think!)

While cultivating your home business in the early stages, you have to know what works, what doesn't and where to find this information. Like any business, you need to immerse yourself in as much information in as many places as possible. The more you know, the more you succeed. If you need to read "Home Business for Beginners", don't be ashamed-DO IT! Sign up for various social media sites and become familiar with how they work. Read articles from every type of business within the Home Business industry... read about the people that have succeeded... and failed. Learning about this industry is a necessity with the home business blueprint.

3. Show Me the Money... I mean, Show Me How Good YOU Are!

Obviously, developing and growing your home based business is going to take some time... you will be slow, things may not look all that great, and you are going to stumble and fall a few times. As you grow, gaining more confidence and understanding the concept of what you are trying to do, you need to exhibit how great you are. What that means is, make everything that resembles you-your webpage, your articles, your blog posts, your pictures, everything needs to show professionalism. Why? Because that's what people first see, when they come across your profile or name. No one is going to click on your information or want to know more, if it doesn't look like you know what you're doing and have some experience. This will constantly be changing as you trek through the home business blueprint.

4. Get in a Relationship... Hundreds of Thousands of Relationships!

Business is all about people. Period. It doesn't matter if you own a convenience store or a rental car company, it's all about creating relationships. Relationships with your customers. Relationships with your vendors. Relationships with your colleagues. People buy from people. Growing your network of relationships is no different with your home based business. You do this through your "brand" and what you are showing people on the web. Join forums and Facebook groups to meet new people and learn about what they have achieved with their business. Creating a large, quality network of relationships is a major component of the home business blueprint.

5. Find the Best of the Best

The home based business industry has been around a long, long time. A great way to find solutions to problems, information on a specific company or product or just flat out see how that guy is making Seven Figures of residual income every year(!!) is to find out who's the best in the industry. Who are they? Where did they come from and how did they get there? What are they doing now? The reason this industry is booming is because of the enormous opportunity-so find out who does it best and mimic them! These leaders are the ones that laid the groundwork for the home business blueprint.

6. You Own a Business, So Act Like It!

When I started my home based business, I thought this was going to be sooo much fun. I will get to play on Facebook at night, talk with people and then they will just send me their business all day long. Didn't happen..and it doesn't happen. This is a business and the sooner you realize this and take it seriously, the sooner you will succeed. People tend to not grasp this, because of the fact that there is a minimal to start a home based business, they already have a day job, etc. But, if you want to create your financial freedom in the home based business industry, you need to work at it-just like any other business. This is one of the bigger obstacles when people start with their home business blueprint.

7. Take the Bull By The Horns-and Make Sure Your Team Sees You

Another huge attraction to the home based business industry is the thought that once we recruit a few new team members, we are good to go. You've already done your part, now just wait for your team to recruit more and you're in hog heaven... right? WRONG. You need to work harder than everyone else and show your team this. This is not only a sign of a good leader within the home business industry, but this is how the great leaders act in all aspects of life. Work hard now and you will reap the rewards soon enough. Working hard will create exceptional team morale and it becomes contagious-something you will see during your home business blueprint.

8. Pay It Forward

To piggy back on to the previous point, when you're working hard, recruiting your new members, you also need to make time to help your existing team members. Not everyone has the same experience, knowledge and drive that you do. Motivate your team, role play with prospecting scripts, and give them tips on ways to improve their own brand. The coolest thing about the home based business industry is that everyone has to work together. If the people below me aren't succeeding, I'm not succeeding. Helping them grow and create their business will exponentially help you and everyone else. This is the best aspect within the home business blueprint.

There you have it, a few things everyone needs to know going forward with a new home based business. Believe me, it's not ALL you need to know, but these tips should secure a solid foundation where you can start your journey. This industry is fun, but it does take hard work. All that hard work is totally worth it when you're collecting on your 6 or 7 figure residual income a few months from now. One more thing: NEVER GIVE UP once your home business blueprint is set in motion!

Keys To Home Business Success

 The Home Business industry is a multi-billion dollar industry, but unfortunately the vast majority of people (more than 95%) never achieve any level of success with it.

Why?

Because they don't know the 6 keys to home business success, and they give up before they see results.

So many people get started in this industry with the vision of creating massive residual income by telling 5, who tell 5 who tell 5 and they all live happily ever after. Unfortunately, they tell 5, who tell them where to go, and for most people that's enough rejection to make them throw in the towel and give up all together.

Very few people have the fortitude to hear no as next and keep persisting.

And even the few who do persist still won't see the kind of results they want because the system they've plugged into is missing one or more of the 6 keys to home business success.

What Are The 6 Keys To Home Business Success?
I haven't been in this industry for decades like many of my mentors have, although I've seen enough in a few short years to know what works well and what doesn't.

My first exposure to the home business industry was at a seminar. A speaker at the front of the room was pitching his program on how to get grants and loans from the government. The program sounded great, but near the end he said "who here would like to learn how I really broke free from my job as a garbage man and became financially free?"

Of course most of the hands in the room shot up, and he proceeded to go into his home business presentation. After more than 30 minutes of hearing about how these revolutionary products would replace most of the everyday cleaning and self care products in your home a few people in the audience finally started muttering "oh, it's ______". I won't mention the name of the company here, but suffice it to say it's a very well known company in the network marketing industry.

He made an irresistible offer waiving the sign up fees and allowing anyone interested to get started for just $1. He even promised to work with anyone who was serious and to help build our teams for us. Seemed like a great opportunity so my wife and I signed up and bought our starter products. After a few months of paying nearly $100/mo to keep our distributor status and earning a big $2 cheque we bailed.

Now in fairness, we didn't work on building the business either. What I do know is that the 2 people who've done very well in that business speak from the stage, and seem to build their business from the hundreds of people in the audience, not from doing milk and cookie parties like they encourage their team to do.

My next venture into the home business industry was even more eye opening. This was a program with a high ticket core product. It was a vacation travel package that cost over $3,000. The allure was that with just 12 people in your organization you'd earn 4 times that amount!

What should have been a clue though is we were trained to tell people that we invited to see the presentation that "I can't tell you what it is, you just have to come and see." if they asked what it was about. What's interesting is that I saw people make thousands in that company in as little as a couple of weeks. They had people making 6 figures in their first year, but despite my best efforts, I still barely broke even on my initial investment.

Today, I've sworn off of doing business the old way, and that's why I'm excited to share the 6 keys to home business success with you today, to hopefully save you some of the headaches and challenges I faced in the past.

Key #1 To Home Business Success
1) You need a product to sell that pays high commissions.

The first key to success in the home business industry is to find a product that pays high commissions. For the most part, the commissions paid out in the home business industry just aren't high enough for someone to make a full time income from unless they're able to recruit a small country into their downline. In fact, a few of my mentors had teams of 5,000-10,000 and were still only making a few thousand dollars a month, all while getting stuck on 3 way calls from dawn to the early morning every day.

Finding a product that pays 30-70% commissions will make a world of difference to your success in the home business industry. Better yet, is that the commissions will be paid out quickly, not weeks or months down the road. People want to see success early or they'll end up quitting before they truly get started.

Key #2 To Home Business Success
2) Your product needs to be affordable to the masses.

The core product needs to be affordable to the masses. You will have far more success offering your products to people if they're what my mentor calls "under the radar money". This is a purchase that's under about $200 that someone can make without causing a major fight over spending with their spouse. One of the big objections people get in the home business industry is "I have to speak to my wife/husband" which is really just an excuse. If your core product is only $25 to say $197 most people will be able to make that purchase themselves and not have to run it by their significant other.

Once someone makes that initial buying decision then your goal is to upgrade them to the highest level of products that makes sense to them. Notice I said makes sense to them. Your goal is not to sell the most products regardless of their circumstances. Your goal is to help them achieve their goals, and set them up with the level of products that will best help them achieve that.

Key #3 To Home Business Success
3) People need to be able to become profitable in 30 days or less.

One of the major reasons people fail in the home business industry is because they don't see any wins in their first few weeks. To ensure longevity your home business system must enable people who plug in and apply the system to become profitable in 30 days or less. If people are able to become profitable quickly, they'll become loyal customers for life. If not, they'll quit and hop around from opportunity to opportunity looking for something that is.

Of course, not everyone will become profitable, because not everyone will even take the first step. It's strange. People will sound all fired up and motivated, and then fall off the face of the planet and never even take the first step towards building a successful home business. It's just human nature, and there's nothing you can do about. Focus on helping the people who are in action.

Key #4 To Home Business Success
4) Your offering needs to include upsells and higher ticket items to enable someone to make the most amount of money in the least amount of time.

Having an affordable core product is great to enable people to get started, but earning $5 or $10 or even $50 isn't life changing income. In order to create a truly successful home business you need to be able to earn higher ticket commissions.

Having the ability to sell $500, $1000, and even $3000 products is how you generate full time income with minimal effort. Making one or two sales of these types of products is how you go from making lunch money to making full time income doing part time work.

Key #5 To Home Business Success
5) The corporate videos need to convert on their own.

This is a big problem for much of the home business industry. People are drawn in by a compelling, charismatic presenter who has a way with words that just draws people in. The problem is, most people aren't able to duplicate what their sponsor does or says, and gets rejected every time they try to "show the plan".

I'm Starting My Own Business: What Do I Need to Know?

 Congratulations! You have taken the first big step to becoming your own boss and going out on your own.

You know your industry, how to build a brand and are very creative about the details of certain business affairs.

However, many first time small business owner's fall short of putting systems into place to get the business moving in the right direction from the gate.

This is where the smart business owner will save time, money and avoid inevitable pitfalls that plague many entrepreneurs the first time out by hiring a business coach.

What is a business coach?

A business coach is a lot like a personal trainer at the gym: A good trainer will begin by learning your goals, strengths and weakness in what you can do well and where you need assistance. A good coach is skilled in recognizing your skills and also your fears and areas where you need to build strength.

It is important to know that there is no certification required to become a business coach, therefore you want to be sure you connect with someone who knows how to work with your business and that you communicate well. A good business coach should be eager to see you succeed and be on board with your goals.

Some questions to ask are:

  • How long has this person been coaching?
  • How long did they own their own business?
  • Are they will to take on a small business?
  • What is their success rate?
  • Ask for references
  • What can the coach do for me?

A business coach will offer guidance, expect accountability for tasks assigned and offer encouragement to help you meet the steps to success.

Many business coaches offer help in their areas of strength.

They help business owners find what they want to do in a particular field. Many call this role a "business effectiveness" approach. Business effectiveness can span a wide spectrum of sales, customer service, human resources, sales, marketing, leadership, financial management, exit strategy, and succession planning.

When working with your coach, part of the process will be to establish a safe and trusting relationship. A good way to see if the working relationship can go forward is to feel you will be heard in the exchanges. A good coach knows that business coaching is not a one-way road. As the business owner, you have a voice in the transactions.

Comfort in communication

A phrase used in the industry is "safe place," for business owners, created by Professional Business Coaches Alliance. The expression is important. The words illustrate a supportive environment for the business owner who should feel free and comfortable voicing his or her concerns, opinions and objections to the recommendations of the coach.

While many good meaning people like to offer advice, that advice is tainted by the givers own fears and experience, however well meaning. A coach is arms-length and objective.

How do I find a coach?

Hiring a business coach is not a casual task. It is important to understand your goals first. This is not something to relinquish once you have engaged a coach. You are a team and while you are partnering with a business expert, it is still your responsibility to share your vision for success.

A good approach to finding a business coach is first to analyze your own goals. Did you clearly outline your steps to success to your business plan? Or, maybe this is where you need to begin with your coach.

A lot depends on the stage of your project. Coaches can help you in the early stages to help you get off a strong start and avoid some of the "newbie" errors that often plague the new business owner.

  • Talk to other business owners and ask for references
  • Search online for companies that offer business coaching and start a dialogue. If communication goes well, set up a conference call or Skype. You will get a good sense if there is a good connection
  • During the interview process, see if the person has some good business ideas to offer. Creativity in the coach is key to the nuts and bolts of setting up a strong foundation.
  • Understand what you want from your coach. Have your list of questions ready as you do your research and when you area ready to interview potential candidates.
  • Your questions should reveal, among other things, an emotional intelligence, commitment and communication levels, experience, you seek.
  • Decide whether you need a coach locally with close personal attention or you can work with someone more remote via phone, text and email.

Obtaining the services of the right business coach for you can make the launching of a new business less stressful. An early start in the good direction will help you gain the footing that is needed in those first critical years.

There are times when even the most savvy business person may miss some important key signals because of a laser focus in a different direction. Smart business people understand the need to look for outside perspective.

Anthony Larman is a passionate executive with 20+ years of experience in helping Fortune 500 businesses achieve their marketing and business development goals. With a firm understanding on what it takes to make small to medium size company more profitable by leveraging the core principles of marketing that make a difference. If you want to achieve predictable business growth, eliminate waste and increase your marketing ROI (return on investment). Then Leads-Locally is for you.