If you’re dreaming about ways to finally launch a business from home and need some motivation, below are ten of my BEST tips for home-based business success:
1. Enjoy what you do. If you like what you do each day, the financial and personal rewards will follow.
2. Take business seriously. Approach your home business with the same level of professionalism you would working in a corporate office.
3. Position yourself as the “expert”. In the Homeowner Referral Network (HRN) business, that means doing your research and being the source for the best contractors in your area.
4. Have a plan. It’s not enough to have an idea for an innovative product or service. You need to create a detailed operating system for your home based business.
5. Promote yourself. Knowing how to effectively communicate the benefits of your business to potential customers is crucial to success.
6. Know your customers. Running your own business from home gives you the opportunity to personally communicate with your clients. The better you know them, the easier it is to provide services they want.
7. Don’t work alone. It’s impossible to be an expert at everything. Focus on the most important (i.e. “moneymaking”) aspects of your business and outsource the rest to professionals.
8. Find a niche. Successful home-based business owners know how to differentiate themselves and offer their customers a unique selling proposition.
9. Stay organized. Create a separate work space and establish a daily routine to boost productivity and stay focused.
10. Invest in yourself. Think of yourself as a commodity and be willing to invest in your own success.