Accelerate YOUR Home Business with the Right Mentor.
Thursday, September 3, 2009 at 7:30PM
There is a sad statistic about the Home Based Business arena, especially in Attractive Marketing that statistic is that over 90% of Home Based Businesses never make any money. This is not just in Online Home Businesses. This same sad statistic is true of traditional small businesses, where 90% fail within the first year. Well what about the other 10%? What is the difference? The difference can possibly be summed up very easily, they found the right mentor.
If you look at the business world, franchises succeed at a much higher rate than other businesses. There are three main reasons why franchises are more successful. Franchises have proven results, a proven system and proven support. Most franchises have already done the hard work while other businesses are trying to figure it out. Mentorship and franchising are really very similar ideas. In fact when you get started in your Online Home Based Business, especially a network marketing or direct sales business the franchise model can help to identify the right mentor. Let’s look at what makes a franchise work and there we will find the characteristics to look for in a mentor.
1 – Proven Results – One of the first things you need to identify in a mentor is that they have already done what you want to accomplish. The fastest way to learn anything is to find someone who has done it already and have them teach you or show you what to do. This is the most important element in finding the right mentor. No matter what company you choose to work with and what you want to accomplish, find someone who has been successful doing what you want to do and see if they would be willing to work with you. Sometimes finding a mentor may require more money beyond what you pay for your business, however if it can accelerate your results it is worth the investment.
2 - Proven System – One of the reasons McDonalds works so well is because all you have to do is plug into the system, you don’t have to try to reinvent the wheel. All successful mentors and teams should have a system in place that a newbie can fallow and start working right away. Systems eliminate the need for you having to figure it out and they can keep you focused on the task at hand. Make sure your team has one in place.
3 - Proven Support – Support is absolutely necessary because no matter how good the system is from time to time you may screw things up. That’s ok as long as there is a way to get the help you need to get back on track. A mentor has to be someone you can touch and by touch I mean you can ask questions and get help when you need it. The mentor doesn’t have to do everything for you but has to guide you and point you in the right direction.
Finding the right mentor can be the one thing you do that jumpstarts your Home Based Business. It can also move you from the 90% failure to the 10% success. Though they may not always be easy to find. Hopefully you now know what to look for.



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