Sunday, October 25, 2009

Home Based Business Tips

A good article for those who are just starting out, and looking to build up their own home-based business. Using the internet has become a gateway for many people to build either a supplemental income stream, or pursue their dreams of being able to quit their 9-5 life for something better.

Article by Dennis Stokes

I think everybody's goal in business is to simply...stay in business. And build that business into something that makes a great profit for years to come.

Although so many businesses large and small are started every year, over 90% of businesses fail. Why is that?

Here are 3 proven business success tips that will give you a great chance for massive success in the long term.

1) Make a definitive decision to succeed. What else can be said about this business success tip? You need to decide that losing isn't an option. I recall listening to my high school history teacher talk about how the Vikings prepared for war. They prepared with that no lose option.

These ultimate warriors would come to war with a no lose mentality. Before taking the offensive, they would burn every single boat they arrived with. This would seal their resolve to either conquer or die....simple as that. They left themselves with no other options.

So how does that relate to your business? If you thought like the Vikings of old, do you think you could succeed in your business? I would have to say...YES...to that mindset.

It's extremely vital that you know where you want to go. If you have a clear vision of your outcome...then all you have to do is set your goals in a backwards fashion. You will then have the steps needed to progress in your business.

It's critical you do something...this business success tip can't be neglected. Take the needed action and keep doing. Don't get caught waiting for things to happen.

2) Be actively compiling a database of customers. Of all the business success tips, this can't be overlooked. This list will no doubt become your number one asset. If you want long-term success in your business, take this as seriously as breathing. Never stop building your list...never!!

Your customer database will be your best asset in your business. You have the power to literally generate profits year in and year out with a loyal customer list. Selling your products and also those of other companies that closely relate to yours. Just be certain other companies products aren't competing with yours. Use this business success tip and see your business succeed for the long-term.

A business success tip of doing the work once and get paid over and over from that effort. This is the kind of result I'm looking for in my business.

If you want to know what it takes to compile a large, responsive customer list... go to listbuilding.com. Tellman Knudsen practices what he preaches and knows all the ins-outs of list building.

3) Track and evaluate your business. The final one of the successful business tips is to track. Any successful business tracks everything...They know exactly what results they are going to get because of this business success tip. By knowing the real scoop on what's working or not.....you can add or eliminate what's working and not working and cut out losses that could eventually put you right out of business.

So to conclude, take these business success tip to heart. If you do them and act like the Vikings in approaching your business, you will succeed and be so glad you did.

About the Author:
Come visit my website and be taught how to implement these home-based business success tips Get my special report "24 Hour 'CMPS' Web Cash Secret" and be taught what it needed to succeed in your very own home-based business.