subject: The Right Tools Have Everything To Do With Mindset And Mlm [print this page] When you start something new is hard to know ahead of time what tools and knowledge you're going to need. Combine this with a natural resistance towards spending money on an unknown venture and you'll likely wind up lacking something that's essential to your business.
The funny thing is when I was a traditional entrepreneur, I spent thousands and thousands of dollars a month on rent, employees, marketing and so much more BUT when I began a home based business.....I got cheap!
Well, not totally true but there is a tendency to "hold back" and not spend money and I can understand being careful but the reality is you need to make right decisions for your business and this often means spending in the right areas when it comes to tools, services, marketing and lead generation AND the right business model.
By the way, my first attempt developing an online business utilized cheap domain names (.biz, .info) and web hosting which impeded my ability to have a professional looking web site. The truth is I felt overwhelmed entering a new industry and market. There was simply too much to know and I didn't know where to get the right information to make my business a success. When things looked liked they weren't working I often times switched gears or abandoned that idea but this meant a loss of time and money. It took some time but I began to turn the corner.
Knowing When And Where To Ask For Help... This is the key and you need to find the person(s) that will help you get where you want to get WITHOUT all the HYPE and GURU stuff as this tends to only empty your pockets and has little to do with putting money into your bank account.
Simply take a step back and look at your business with "objective" eyes. Does the model make sense and what is your expected outcome? If you're building an M.LM do not over think it but realize you may need to apply yourself for 3-5 years in order to build a sizeable organization that pays well.
If you're into affiliate marketing and have a gross commission of $30 per sale; analyze that and realize you will need to sell 100 of them in order to earn $3,000 monthly (less marketing expenses). The above is not good or bad; simply look at this from a business point of view as I did for many years in my traditional and offline businesses.
O.K, great advice but what does this have to do with tools, your mindset and making money?
Your mindset can be destroyed if you see failure and after failure and weeks, months and even years go by without the success you are dreaming about. So, look at your business and decide if it's the right "vehicle" to get you where you want to go. If it is, great! If not, pick another "horse" and ride it.
Next, seek a coach or mentor to advise you on the tools or services that are "must have" to help you succeed and avoid the $3k Guru programs for now and just get practical advice. This doesn't have to be expensive.
Finally, develop you inner game, your mindset. Who are you talking to, who are you connecting with and what books are you reading?
Just to let you know, hanging out on Facebook is not the secret to getting rich...great social media but you need to take action and implement. More on this later....
