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posted on:
11/15/2011 9:41:20 PM EST
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Successful People Diversify Their Businesses FDI YOUNGEVITY, Mary Thomas, IBO TOOLBOX, 24kwealthbuilder, MLM, FADS, Homebased Business, Entrepre
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Hello this is Mary Thomas and I would like to talk for just a little bit about why it is alright to have more than 1 home based business & what successful people do to build them!
Well hey millionaires & billionaires don't put all their eggs in 1 basket so why should we?
Think about it...would Warren Buffet and Donald Trump and Robert Kiasowki be where they are if they did not learn the art of diversification? NOPE! They learned to keep their ear to the ground...and an eye on the horizon, Searching and seeking out prime opportunites that will ultimately help them with their botton line and net worth.
Did they partner with EVERY opportunity that came across their desk. Certainly NOT! They did their due dilligence on every matter, before signing on the dotted line. Remember it was not only their money that was being invested but it was their REPUTATIONS that was also on the line.
This is VERY KEY one of my "24KWealthbuilder" NUGGETS...and I am throwing this one in for FREE! The SMART folks will CATCH IT...THINK ABOUT THIS: If the only place that you feel comfortable marketing is behind the internet where no one can see or interact with you then hmmmmm you just might wish to reevaluate some things. Are you really incredibly shy OR do you know deep down in your heart that "business" that you got yourself in is really a bunch of mess and you are EMBARRASSED to promote it in the REAL WORLD?
( Think about this when considering adding another business to your portfolio. )
As I have watched and observed these TITANS of Wealth (as well as others) I noticed that they all have left clues & bread crumbs for us to follow. Success always does that if you are looking for them.
One thing I noticed is that they NEVER just partnered with a company just because it is the hottest thing out now, Jumping on yet another BANDWAGON! (Ooooo now THAT just burns my biscuits when I see folks do that... they just follow along with the flashiest snake oil marketing plan...sigh) They NEVER partnered with companies that did not have a solid product or service to people.
They do NOT as Flava Flav said "Beleive the HYPE" Nor do they fall for the hoopla!
They did not align themselves with FADS... That is all I am going to say about that. You all can figure that one out on your own. :)
Successful people always set up timetables for their financial returns. (Who do you know that goes into business for themselves to not make any profit? Not many I would gather)
While they do not expect an immediate 24 hour return on investment, they DO set the scale out for a decent amount of time that is suitable to the goal that they have set for themselves. This may be 9 months to a Year to a 5 year plan. As they say in most ad small print " Individual Results May Vary" :)
Now, when they did FIND a business that they CAN align themselves with, they just WENT for it! Did they feel any fear? Well truth be told, I am sure with business there is ALWAYS the thought of failure or a snag or 2. What I beleive they did was FEEL the FEAR but did it ANYWAY!
Remember FEAR is False Evidence Appearing REAL!
Having a plan to Diversify your Home Business portfolio IS a wise thing to do. When there is a slow point in one of your businesses you will still have something else to fall back on. GONE are the days where you can have your EDUCATION to fall back on. We MUST all have something else in our back pocket these days, in fact, we must have ALL of our pockets filled and protected.
By doing so, you will always have a source of income handy. Gone are the days where you were told to only focus on 1 business and you were made to feel like you were a traitor for seeking something to add. YES, there were major home based businesses that FROWNED upon you adding something else to help out YOUR families situation. I know people who to this day have to hide the fact that they are also partnered with another company SMH.
Hey the bottom line is this: it is YOUR MONEY an YOUR household that you have to take care of... so do what YOU have to do to keep your head above water!
There is so much more that I could say but I am going to end with this. The MAIN thing that Successful people do is WORK the BUSINESS (es)! EVEN IF THEY HAVE MORE THAN 1 BUSINESS! THE SET PARTICULAR TIMEFRAMES IN THE DAY TO DO WHAT THEY HAVE TO DO! Certain days they may work this and certain days they may do that. But they make sure that they are productive and there is a payoff! Successful people are NEVER LAZY! NOR do they expect OTHERS to take up the slack. They OPEN their mouths and tell others about their business and they follow through! They have emmense pride in the wonderful products and services that they market to the masses!
And guess what? Your other business very well could be a cookie making business or a candy business! I have a Pastor friend of mine who is in a Network Marketing company also and he has a Cake Business (a supermarket in New England has even picked up his line) If you want his info contact me and he will hook you up!
As for me, some of the things that I do in addition to my Network Marketing businesses is Success Coaching (lol calling upon my 20+ years in a business really helps folks who want REAL Coaching on the nuts and bolts of success in a home business!) I also have a Clothing, shoes and purse business...And I Make Jewelry! The set that you see in my Profile pic is just one of my sets! If you want more information just contact me! Shameless plug, I know... but HEY that is what self promotion is all about. A closed mouth never gets fed!
So go ahead, look and see... first at your bank account, ARE YOU REALLY MAKING MONEY? Or not? Do you think that you should even look at something else? BE HONEST! Only YOU know what is best, right and good for YOUR household!
Well that's all for now...
This is Mary Thomas signing off and I will see you on the RIGHT SIDE of HEALTH, WELLNESS and WEALTH!
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