| I read a recent Small Business report that estimates | | | | build their business plan and set their goals. Knowing |
| 85 million people will start a new business in 2010. Most | | | | what they want to accomplish, enables them to set |
| of them will be home based small businesses -- and | | | | clear goals and strategies. |
| most will fail. In fact, depending on who you read, | | | | At that point, the rest is just execution. Successful |
| somewhere between 50% to 90% will fail within the | | | | work from home companies, then just work their plan. |
| first year. | | | | It's really that simple. The hardest part is the discipline it |
| WOW -- that's somewhere between 42.5 and 76.5 | | | | takes to build the foundation before taking the plunge. |
| million business failure! Or another way to put it: | | | | Many of those 85 million or so entrepreneurs will just |
| between 8.5 and 42.5 business successes! | | | | blindly start doing something without having any sort of |
| Now I don't know about you, but I prefer to be in the | | | | plan. Maybe they'll buy a product off the Internet that |
| success category! | | | | promises riches too outrageous to be true, but attempt |
| What if you knew, with certainty, that you were setting | | | | to get them to work. |
| your work from home company up to succeed from | | | | There are probably far more viable businesses on the |
| the get-go! Wouldn't that make you far more | | | | Internet that would work, if people took the time to plan |
| confident? And what if you knew, for sure, that you | | | | their strategy for making them work. The key is to |
| had all the tools you needed to be successful. You'd | | | | have a good solid foundation from which to launch |
| be feeling pretty sure of yourself, wouldn't you? | | | | your business. |
| Well, you just need a few tips to be able to know | | | | Having the right plan enables you to be so much |
| you've got your success plan in place and you can | | | | smarter about how to spend your time, where to |
| shift the odds into your favor toward success and | | | | spend your money and how to make decisions. Once |
| away from failure. | | | | you've got the right plan, you will know the right moves |
| All you need is a good solid process to start, grow and | | | | to make all along the way. |
| build your top home business. | | | | So if you're just getting started -- put the odds of |
| Successful businesses have taken stock of all of their | | | | success in your favor. Take the time to assess your |
| resources before starting. They've analyzed the | | | | resources, analyze your market (including the |
| market and are sure of who their target customers | | | | competition), and build your business plan. |
| are. They've researched who else is in their industry | | | | If you're going to be a statistic with your top home |
| and they know the strengths and weaknesses of their | | | | business, be a good one! |
| competitors. Armed with the necessary research, they | | | | |