Entrepreneur, Goal Setting!

Home based business, online business, MLM or if you are in direct sales, you have to be goal oriented to be successful. If you are new or experienced, without a goal the chances are you will be part of the 97% of entrepreneurs that will fail this year. Knowing how to set up your goals, how to break them down will play a major part of all entrepreneur success.

If you are new, you goal may be to quit your job or make enough money so your spouse can stay home. If you are experienced, you goal might be to win a major competition within your organization. Either way, the 1st step is to establish your main goal. The reason is we will work from the top to the bottom to establish a plan of action to achieve your goals.

For the sake of this article, we will use the new entrepreneur as an example. So lets you make $4,000 a month at your current job. To replace your income, you will need to make around $3,500 monthly with your online business. So write $3,500 at the top of a board or a blank piece of paper.

Next we need to figure out how many sales you need to make to create a $3,500 income. So lets say the average sale with your business is $100 and your commission for each sale is $50. So to make $3,500, you need make 70 sales each month which would equal $7,000 in sales and $3,500 in income. Write on your board 70 sales below your main goal.

After that we need to establish how many leads every month you will need to make 70 sales. You find out that your business model average is that you make a sale for every 10 leads (this is just an example) so you will need 700 leads to make $7,000 in sales. Write on your board 700 leads monthly below your monthly sales.

The last step is to breakdown the number of monthly leads into a daily number of leads. So if you need 700 leads every month, than you need 23.3 leads per day. Write 23.3 leads on your board below your monthly leads.

Work with the daily number, celebrate every time you achieve you daily goal with a small reward. If you meet your daily goal, you will meet your monthly goal and first thing you will know is that you will hand your letter of resignation to your boss with a big smile on your face. One last advice, keep your goals very visible to you at all time. Make sure you can see them every day and dont make too much fun of your boss when you quit.

To your success,Ghyslain

Entrepreneurial Readiness- Its Not Just Financial

Preparing yourself to become an entrepreneur means becoming a whole person. This means preparing yourself spiritually to be an entrepreneur as well as financially and mentally.

Youre not going to be able to operate a business unless youre a whole person, and you cant be a whole person unless youre spiritual. And this means being spiritual according to your own definition of the word.

One definition of spirituality is a sensitivity to, or concern with, non-material values, as distinguished from material concerns. Perhaps you consider yourself spiritual in this sense.

Or, maybe you feel that worshiping and believing in a higher power makes you a spiritual person. Just as the definition of success is different for each person, so is the meaning of being spiritual but it is something that will help all of us on our journey.

For me, being spiritual means having a living, loving relationship with God the heavenly Father, in with, and through His Son, Jesus Christ, by way of the power of the Holy Spirit. It is the essence of this spiritual relationship which helps me find my whole self.

When youre a whole person, your business will click, and you will click. If you arent a whole person if you ignore your spiritual dimension both your business and your personal life will be incomplete.

Preparing yourself socially to be an entrepreneur means understanding how your business fits into the larger context of your life. You have to remember that you have family and friends, and have to keep them informed of your plans and goals, and involve them in your business decisions.

When the people around you have bought into what you want to do, youll receive strength and support from them, which will speed you to your success.

Social preparation also means understanding that there is a social side to business. Make it a point to get involved in at least one business organization in your area. Whether you join the Chamber of Commerce, Rotary, the Lions Club or some other type of business organization, you will experience social growth, a well as the having the means to participate in many good networking opportunities.

Getting collected is a natural outgrowth of getting comfortable. Once you have made all your preparations and have actually started doing business, its your approach thats going to define your business.

If youve already gotten comfortable with an ever changing business, youll be able to remain collected and professional, calm and self-possessed as an entrepreneur.

Entrepreneur Focus Is Your Key To Success

The strength of your entrepreneur focus will determine your success. Do you have a mental picture of what you want to reach? Are you set to do what it takes to achieve it?

The key to success is to start building an entrepreneur mind-set and develop the qualities that lead to entrepreneur success.

Drive and determination. Do you possess the necessary drive and determination? Do you normally push yourself forward until you have accomplished whatever you set out to do? Or do you need constant motivating?

If you know that you need to constantly motivate yourself then you need to find ways to do that on a daily basis. Time is too precious yet most people wait for another time before they achieve something, become a today person and set out your daily lists of action plans that you must complete that day. Spend a few minutes in the morning and picture your end goal, picture having the success that you are working for, and understand what you need to do today to become closer to your goals.

Belief. Do you believe that you will accomplish your goals? Or does your belief stray on a daily basis? We all live to our beliefs, whether they are empowering ones or negative ones. We become what we believe we are, and we live our lives according to our beliefs. By strengthening your core beliefs you will set yourself on a more positive course. Assess your beliefs and start to believe in yourself more. If you do not believe in yourself how can you expect someone else to believe in you? Focus your mind on positve thoughts and build your self-confidence. We build self-confidence by actually doing something that is in line with our beliefs. By knowing that your goals are in line with your beliefs and by taking constant daily action for their attainment you will automatically build your self-confidence.

Entrepreneur focus is building on your ambition, creating more drive and determination and moving your life forwards in line with your beliefs.

Starting an online business is just part of the story, you have to work on yourself so that you will be the person you need to be to be an entrepreneur success. Work on your personal goals, build your vision and every day move closer to the realisation of your goals. When you invest time and money in a new business you have to invest in yourself at the same time.

Why Online Business Entrepreneurs Needs to Choose Reliable Web Host

These days you will find many reliable web hosting providers. Even a person can sell practically anything on the web. The actual reason behind this is, technology has developed significantly in recent years and provides the best services. And the continuous innovation in web hosting technology open the door for many opportunities in online business.

However, today’s entrepreneurs mostly demands inbuilt system integration, secure technology infrastructure, automation, etc. So today’s new generation entrepreneur view has more focused on technology and support services and it is ideal for rapidly increasing economies.

Today delivering enterprise level IT solutions to entrepreneurs of all sizes in proper time is a major task for all the hosting companies. Therefore web hosting companies must be committed to make the whole website hosting experience as simple as possible, including server set-up. Also they to need provide user friendly billing cycle process as simple as the purchase process.

Choosing the right web hosting company is important because it can make or break your business. If you choose reliable Web Hosting company, you will surely enjoy many advantages. In addition, these days the cost of bandwidth is inexpensive as well. This will give you lead in business to stay longer period. Another thing is a hard disk capacity. It is always good to have some more, therefore make sure you purchase sufficient amount of web space for the Website.

If you choose a wrong web hosting provider and his technical support is terrible, problems can occur, especially if you have the videos or pictures, because it will take more time to load them up so it can be possible that you will lose your potential customers and visitors. Loss of profits is unavoidable if the server is down for long time since customers will certainly look for another online store.

However, each web hosting provider is different from one another; even the pricing, and services are vary from one another. Therefore, do some research before making any decision; try to evaluate each and every option as possible. The success of a company site is dependent on the reliability of the web hosting company, so this should be taken into account.

What Motivates the Typical Online Entrepreneur

The typical online entrepreneur is a different species insofar as they generally work alone and within an industry that can be very stressful and demanding. Being your own boss is great however many are prone to second thoughts about this when they find that everything’ is their responsibility! Without physical, or often times, moral support, people working online have to reach deep within themselves for the strength or motivation to get the job done. Obviously those who succeed on the internet have mastered the ‘art form’ of learning how to motivate themselves! Learning how to get motivated however always has its roots in a very strong reason as to ‘why’ it is people are working online! It is the ‘why’ of every entrepreneur that ultimately keeps them moving forward!

Here are the 3 biggest ‘whys’ entrepreneurs use when learning how to motivate themselves in order to maintain the drive necessary to succeed on the internet.

Money

Always a big motivator, money is one of the most ‘popular’ reasons people market on the internet. Whether it is for need or perhaps to expand an already existent ‘offline’ business earning or increasing an income is a powerful and popular force for people to be working online.

Passion

Some people have taken advantage of the easy to use and inexpensive internet platform to pursue a personal passion. Whether it is a cause, hobby or perhaps a business idea, if it is fueled by passion there is little doubt that these people will lack motivation.

Lifestyle

Most internet businesses involve working online from home or actually anywhere one may choose and this is a very attractive option. In addition, the potential for earning a significant income is very real due to the access you have to a global audience, on a 24/7 basis no less! A lifestyle like this is hard to ignore and even harder to not strongly desire! Even working longer hours is not an issue since you can pick and choose where and when you work!

As we have spoken about here today the typical online entrepreneur must absolutely posses some strong motivations in order to be successful working online. Due to the ‘isolated’ nature of internet marketing, individuals must learn how to get motivated and stay that way without the help or support of others. For this reason their motivations need to be strong and lasting and 3 of the most common motivations people have for working online are reviewed above. As you can see any of these 3 factors that drive people to succeed on the internet are very strong. It is an absolute must however that the individual has the great ‘desire’ or ‘need’ first or they will not be able to sustain their efforts and achieve success.

Growing as an Entrepreneur – Position Yourself as an Entrepreneur

One of the steps you will need to learn as you are growing as an entrepreneur is how to position yourself as an entrepreneur. While this may not seem all that difficult to accomplish, without the proper attitude it can become a bit of a challenge.

To position oneself as an entrepreneur is as much a matter of mental attitude as anything else. It is about thinking and acting like an entrepreneur. Some would say that you have to eat, breathe, and sleep your business. While this may seem a little over the top, if you are serious about your success it’s not far from the truth.

In many instances the difference between success and failure comes down to the person’s willingness to do whatever it takes to be successful. That means that you need not only focus on promoting your business, but also in positioning yourself as the leader of that business.

You need to remember that in the early stages of a business you and your business are the same thing. The people around you will not think of your businesses without thinking of you as well. The pitfall of that attitude is that some new business owners will promote their business during business hours, and then they try to separate themselves from the business when they leave the workplace.

When you position yourself as an entrepreneur you are approaching the situation with the understanding that a business owner I who and what you are. There is not a real separation when you leave the office; you and your business are still the same.

Successful business people find themselves setting goals for their business, dreaming about their business, working through issues with the business, and even promoting their business at all hours of the day. Leaving the office just means that they are changing locations, but they are still working on their business. They don’t mind doing it because it is a passion and they love what they are doing.

You have to understand that when you take on a new client for your business, they are coming not only because of the products and services that your company offers; they are coming because of what you as the owner of the business are offering. If they do not believe you are committed to what you are doing, they will not have the confidence in your business that is necessary. If they believe in you, they will buy into what you are selling.

If you are truly serious about being successful with your business you will need to learn how to position yourself as an entrepreneur. You need to break free of the mindset of acting like an employee and only working on your business during working hours. You need to learn to promote yourself along with your business. After all, in the beginning stages, you are all that will keep that business alive.

Growing AS An Entrepreneur

The Importance Of Role Models For Entrepreneurs

Do you think you have the capability to become an entrepreneur? There are lots of successful entrepreneurs present in this world today. It is very important to find the right kind of qualities that are required to become successful in this field.

Some people try to begin from the scratch but it is quite difficult to reach the top fast in this way. This is the reason why the young generations of entrepreneurs try to model their behavior on people who have already achieved success in this field.

There are various role models for entrepreneurs. It is very important to choose the right kind of model. When you hear of a role model the first thought that comes to your mind is of people who have reached heights are very popular all over the world.

These people too surely had their own role model who they used to follow. A role model is actually meant for following. Your model can also be a person who belongs to your family or even or your friend circle.

The person might not be well known and popular all over the world but he has made something for himself. You can look for such people in your family. If you have someone very close to you who has already made it to the top then you can even get good suggestion as well as tips from the person.

You must understand the importance of the role models. They will help you learn how to become a successful entrepreneur. The most important thing that entrepreneurs must have is the will to win.

The entrepreneur role models usually help the budding entrepreneur to learn about the various qualities that are necessary to become successful and reach the top. One of the things that you need to find out is the common trait between all the successful owners.

You must always remember that owning and managing a company is not too easy. You need to have enough guts to take proper decisions and also be ready to tae risks. Role models for entrepreneurs might differ from one person to the other but the characteristic traits of these successful people usually remain the same.

You need to follow these traits. People who are successful as entrepreneur are always good leaders. So you must also make sure that you become a good leader and mange your team in the best possible way.

Team work is very important because you alone cannot take your company to the top, you will need help from the employees. This is the reason why you also need to learn how successful entrepreneurs deal with their employees. This is why role models are so much essential.

Wilson Harrell – for Entrepreneurs Only

Entrepreneurs are born, not made, but thirst for freedom is the spark that ignites.”
— Wilson Harrell

What does it take to become a successful entrepreneur in today’s business world? Well, there are many giants of business you could ask, but you would be hard pressed to find anyone better than Wilson Harrell. Read about a country boy who became a marketing guru and entrepreneur. He is quite simply a business legend.

Born in Georgia, 1919, Wilson Harrell, world renowned entrepreneur and marketing guru was a man of strong conviction. In his great business journey, he lived a glamorous life all through. Not all know that Wilson was a fighter pilot in World War II and received Purple heart, Air medal with 4 oak leaves and also the President Citation.

It all began with Wilson Harrell & Company started by Wilson himself after the war. The company distributed Kraft products to huge military PX market and in very less time the company sales reached $200 million. But Wilson had other ideas, he sold the distribution company. Then he bought Formula 409, a household cleaner product company for $30,000 and turned it around. He later sold the company for $7 million and bought 60 food brokerage companies whose total sale exceeded $500 million.

All in all, Wilson started over 100 companies and turned around a few. He was voted America’s no.1 columnist for the year 1995 and 1996 by the American society of Business for his monthly contribution to the Success Magazine. Wilson was also the past publisher of INC. magazine.

Along with being the Founder/Chairman of council of growing companies, nationwide organization, Wilson was also the leader and voice of entrepreneur’s movement in America. His book “For Entrepreneurs Only” was a bestseller and still one of the most admired in this genre.

In his book, he discussed the hunters and farmers of cave man age. He reasoned from science and a variety of studies that genes are passed down and often entrepreneurs are the children of entrepreneurs. At some point thousands of years ago, entrepreneurs were the hunters of our world while the farmers tend to be employees.

He enjoyed great success in life and died in 1997 at the age of 78 from lung cancer.

“I’ve loved, I’ve laughed and cried
I’ve had my fill, my share of losing
And now the tears subside
I find it all so amusing
To think-I did it all that
And may I say
Not in a shy way
Oh no, oh no not me, I did it my way”

– Source-“For Entrepreneurs Only” from Wilson Harrell.

Entrepreneur or Employee

Are you an employee who is thinking about a leap? If you are an employee then you might want to start your own business and become an entrepreneur. We all want to have our own business so that we can be our own boss.

But the first and foremost thing that you need to find out before making the leap is whether you are ready for being an entrepreneur. Do you have the qualities that are required to be a successful owner of a business? Do you have any idea about what it takes to start your own business?

You need to find out the answers to these questions before you take the final decision. If you have the qualities and the characteristics to own and manage a company then you can surely think of starting a business on your own.

But if you do not have these qualities then it is better to be an employee rather than the owner till you are capable of gaining thee qualities. The first thing that you need to have to become an entrepreneur is passion.

Successful owners know what they actually want and they have the enough guts to follow the dream they cherish. Before you start the venture it is very much important to test your passion. The next quality that is important is the unwavering nature.

The person must have complete belief in him. He must make sure that nothing in this world can dispel the belief. Self motivation is the next essential quality that a successful entrepreneur needs to have. He will not need anybody or anything else to motivate him for the job.

The other thing that you need to keep in mind is that you need to win at any cost. People who want to become the owners must never learn to lose. Entrepreneurs are those people who take risks. They usually act impulsively; they do whatever they feel in right at the moment.

Other than this, another good quality that these people need to have is being outgoing. They need to make things happen anyhow. You need to be a good leader because if you are a great leader people will hear you.

You need to have command over your team. Creativity is the other essential quality of an owner. It is very important to find out creative solutions so that you can solve any kind of business problems with ease.

This will help you become more successful over the years. Personal sacrifices are also necessary to become successful as an entrepreneur. So you need to find out whether you have these qualities in you if you are interested in owning a business and becoming your own boss.

Discover the Resources Especially Created for a Woman Entrepreneur

Did you know there is a whole list of resources specifically created for women who want to start their own business? This means there is available help for anyone wanting to open a bakery, clothing store, or even a veterinarian office. Resources can be things such as mentors, women’s business organizations, loans, and grants. These have all been created to help a woman entrepreneur become successful in a sometimes difficult business world.

This means you need to have all of your business plans nailed down, especially before looking for financial help. The loan officer at the bank will want to know how money will be made, materials purchased, and how advertising will take place. They want you to succeed, but at the same time, they won’t loan money to just anyone – male or female.

At the beginning, if you are struggling to get your business off the ground, look for a business mentor who can go over your notes. They can tweak parts and provide suggestions, especially since they have already been in your place. Another suggestion is to apply for loans and grants especially designed to help a woman entrepreneur succeed in the business world.

There are several places where you can apply for loans and grants. One is the Small Business Association, as they often provide help to any business that has considerable potential. This means going through their list of funding opportunities and applying for the appropriate loans. There are also federal grants, specifically created to help a minority-owned company, which includes women. There are also women grants available.

Other options available for a woman entrepreneur is funding through private sector grants and loans or women’s business organizations. Make sure to research which opportunities fit your need the most. Then start making your dreams come true.

Want to know more about woman entrepreneur? Find insight, inspiration, and tips on how to make money doing what you love at this blog: womanzworld.com