How To Be The Next Successful Home Based Business Owner
How To Be The Next Successful Home Based Business Owner
Drive
Generally a type-A personality, the essence of a business owner is that he is driven; whatever he thinks to do, he does at full-throttle. For example, with a certain degree of single-mindedness, the good WSI Internet franchisee sets his sights on the goal of optimizing his client’s internet marketing and presses on through any problems with advertisers or technicians until the task is accomplished. The driven Vehicle Tracking Solutions franchisee goes from potential client to potential client, making his pitch (for the GPS tracking devices he sells to delivery companies) as many times as he has to in order to reach his sales goal.
Vision
This trait is closely tied to drive, because without vision, drive has no direction. Vision is the franchisee’s ability to look ahead toward both future trials and future success; it is his ability to see where he and his business are going. Without the forward thinking to see the eventual goal of 30 U-Turn vending machines all over town, the U-Turn franchisee would be unable to know what business steps to take now to get to that level of success. The best work at home entrepreneurs are able to see the end-goal from the beginning and reverse-engineer a plan to get there.
Cooperation
Unlike those who start their own businesses from scratch, franchisees have the special privilege of working with systems and structures that have already been tested and perfected by the franchise. This means that a truly functional franchisee has to have the attitude of a team player, because they are using someone else’s methods under someone else’s name, and they have to respect each by running the business as the franchisor wants it to be run. Good franchisees do make excellent business leaders in their own right, but the best ones are those who also work well in deference to the lead of the company.
Daring
No guts, no glory. It’s a simple phrase, but true nonetheless. Part of being a good business leader is being that person who is always willing to take a risk, to take that business path that others have been too afraid to step out and try. Sometimes this trait plays out when a large corporation’s CEO banks the entire company’s future on a new, untested product. Other times, the willingness to take a risk is demonstrated in something as simple as taking on a DVDNow franchise. It may not sound like a big risk to run a business of DVD rental machines, but because it is still a relatively rare and untested business model in the US, there is still a small degree of risk. But a good business owner knows that with higher risk comes higher payoff.
Consistency
While the good franchisee is not afraid of taking risks and running toward his goals at full speed, he has the long-term in mind and is faithful enough to his task to keep on it for the long haul. The TVME franchisee will see periods when the number of restaurants and pubs that purchase his computerized media units will dwindle. It could be three months into business, or it could be three years, but whenever it happens it does not stop his forward momentum toward his vision for the future. Even times of great success as an Air Advantage franchisee, making consistent money from new wireless internet clients, will not make a gifted business owner ease his pace or become complacent, because he is faithful to the further success of the business.
Of course, there are other traits that are helpful to the long-term success of a business, and success will indeed look different for every entrepreneur based on what else he brings to the table, but these characteristics are essential to fully taking advantage of business opportunities. It is important to know what it means to be a good business leader, because with that knowledge you can more easily determine if starting a home based franchise is right for you. If you fit that description, it may be time to take a calculated risk and go into business for yourself.
How To Be The Next Successful Home Based Business Owner - To learn more about this author, visit Candice Clem's Website.
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When it comes to what is needed to succeed in a home based business, there are many opinions that people have as to what the most important factor is. Some say that the state of the economy or of a specific market is the piece of the business puzzle that impacts things the most. Others say that success has everything to do with the company’s business model. Still others may say that it is all up to providence as to who will succeed and who will not. Frankly, all of these answers are true to some degree, but none is really the single most important factor in the success of a home home based business franchise; rather, the most valuable and profitable aspect of a business is, arguably, the character of its owner. If everything else is in place, but the franchise owner doesn’t have the right balance of character traits to both follow the franchisor and lead his own company, there is going to be a problem. So here are some characteristics that are invaluable for a franchisee to have.
Drive
Generally a type-A personality, the essence of a business owner is that he is driven; whatever he thinks to do, he does at full-throttle. For example, with a certain degree of single-mindedness, the good WSI Internet franchisee sets his sights on the goal of optimizing his client’s internet marketing and presses on through any problems with advertisers or technicians until the task is accomplished. The driven Vehicle Tracking Solutions franchisee goes from potential client to potential client, making his pitch (for the GPS tracking devices he sells to delivery companies) as many times as he has to in order to reach his sales goal.
Vision
This trait is closely tied to drive, because without vision, drive has no direction. Vision is the franchisee’s ability to look ahead toward both future trials and future success; it is his ability to see where he and his business are going. Without the forward thinking to see the eventual goal of 30 U-Turn vending machines all over town, the U-Turn franchisee would be unable to know what business steps to take now to get to that level of success. The best work at home entrepreneurs are able to see the end-goal from the beginning and reverse-engineer a plan to get there.
Cooperation
Unlike those who start their own businesses from scratch, franchisees have the special privilege of working with systems and structures that have already been tested and perfected by the franchise. This means that a truly functional franchisee has to have the attitude of a team player, because they are using someone else’s methods under someone else’s name, and they have to respect each by running the business as the franchisor wants it to be run. Good franchisees do make excellent business leaders in their own right, but the best ones are those who also work well in deference to the lead of the company.
Daring
No guts, no glory. It’s a simple phrase, but true nonetheless. Part of being a good business leader is being that person who is always willing to take a risk, to take that business path that others have been too afraid to step out and try. Sometimes this trait plays out when a large corporation’s CEO banks the entire company’s future on a new, untested product. Other times, the willingness to take a risk is demonstrated in something as simple as taking on a DVDNow franchise. It may not sound like a big risk to run a business of DVD rental machines, but because it is still a relatively rare and untested business model in the US, there is still a small degree of risk. But a good business owner knows that with higher risk comes higher payoff.
Consistency
While the good franchisee is not afraid of taking risks and running toward his goals at full speed, he has the long-term in mind and is faithful enough to his task to keep on it for the long haul. The TVME franchisee will see periods when the number of restaurants and pubs that purchase his computerized media units will dwindle. It could be three months into business, or it could be three years, but whenever it happens it does not stop his forward momentum toward his vision for the future. Even times of great success as an Air Advantage franchisee, making consistent money from new wireless internet clients, will not make a gifted business owner ease his pace or become complacent, because he is faithful to the further success of the business.
Of course, there are other traits that are helpful to the long-term success of a business, and success will indeed look different for every entrepreneur based on what else he brings to the table, but these characteristics are essential to fully taking advantage of business opportunities. It is important to know what it means to be a good business leader, because with that knowledge you can more easily determine if starting a home based franchise is right for you. If you fit that description, it may be time to take a calculated risk and go into business for yourself.
How To Be The Next Successful Home Based Business Owner - To learn more about this author, visit Candice Clem's Website.
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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Stephanie RobeyStephanie Robey is President and CoFounder of Pivot Positive, LLC - an Internet marketing business focused on helping people start work at home ventures. Previously, she was employed at The Search Agency with over 20 years experience in graphic design and 10 years experience in online marketing. She was responsible for launching the Conversion Path Optimization (CPO) unit where she and her team have conducted hundreds of optimization tests for online companies across multiple verticals. She is a successful entrepreneur having started and sold 2 companies and remains on the board of directors of the third, PhotoSpin.com Stephanie began her career in the direct marketing realm creating and producing direct mail for many of the major cable television companies and directly attributes her understanding of Internet marketing to those early offline experiences. Stephanie is a graduate of San Diego State University with a BFA in Graphic Arts and also holds an Executive MBA from the Graziadio School of Business and Management at Pepperdine University. Read Steph's Blog Meet Steph and Dave Sign up for our Free 7-Day BootCamp: Self Employed & Rich - Visit Stephanie Robey's Website |
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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John PowerJohn Power, founder of Biltmore Franchise Consulting, has extensive experience developing and marketing franchises and business opportunities. He has been in and around franchising for over twenty years. From 1980 through 1990 he conceptualized, organized, and developed the American Video Association. He grew AVA to 2,000 national members, before selling the company it 1990. It was later merged into another home video marketing company. From 2000 to 2005 he worked as a contract marketing and human resources consultant to several local and national companies. In 2005 Mr. Power began working as a franchise development consultant on a full-time basis. Since that time he has helped more than three dozen companies initiate and develop their franchising program. He notes that there are many companies interested in developing a franchise program, and who need his specialized assistance. Mr. Power is a “hands-on” franchise consultant. He said, “I am the ‘nuts and bolts’ person who tends to the details for my clients.” Mr. Power holds a B.S. degree with a major in Marketing. See: www.biltmorefranchise.com You may contact Mr. Power at: jpower@biltmorefranchise.co - Visit John Power's Website |
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Jay Kubassek(Jay's Full Bio: EvanCarmichael.com/jaykubassek) In five years, Canadian-born entrepreneur Jay Kubassek went from selling mufflers at a Midas franchise to revolutionizing Internet marketing with the 2004 launch of CarbonCopyPRO, a online marketing education company, now worth over $20 million with customers in over 160 countries.
As an independent film producer, his upstart film fund Aliquot Films is currently producing a films with Spike Lee and Abel Fererra (starring Ethan Hawke and Dennis Hopper.)
Jay's entrepreneurial spirit is irrepressible. He’s the owner of five companies, a professional speaker and trainer, international real estate developer/investor, extreme sport enthusiast and emerging philanthropist. Jay resides in NYC with his wife Jamie, son Milo and dog Cooper. Visit Jay's official website: www.JayKubassek.com - Visit Jay Kubassek's Website |
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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