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WAH Business; Why 95% Fail
More and more people are choosing to work from home. But 90% fail after their first year and 90% of the remaining fail in the next four years.
Copyright (c) 2008 Kerry Johnson
There are some great advantages to working from home. Spending more time with your family and not having to commute to work usually top most lists. But 90% of home based businesses fail after the first year and 90% of the remaining fail in the next 4 years. Here is the number one reason why work at home businesses crumble.
The first thing you must do when thinking about an online business is to figure out your WHY. When planning your success, it is important to set goals but a strong WHY is the reason you keep going. Many people quit because their WHY is not a strong enough reason for doing the business. For a successful online business, you must have a strong WHY.
The biggest problem when people decide to work from home is the one or more family members, relative or friends that will not want you to succeed. They will try to change your mind, complain and even criticize. This happens to everyone. Network with people who have the same business interest. Network with those who have the same online business interests as you and have a WHY that will keep you going through anything including the criticism of a loved one.
Some people, when trying to find their why usually want to pay off their house or a new car. But money and goals are never your why. It is about what you really want. What situation in life you want to get out of so that it doesn’t happen again. It’s about who you really are. It is the deep desire to succeed which is much more than money. If your why is not as strong as any barrier you may encounter, you will give up. But when your why is 99.9%, you will be successful in your online business
Ask yourself when looking for your WHY, what do you really like? What don’t you like? What do you get excited about? What makes you afraid? If you had all the money you want, what would you do? If you had all the free time you wanted, what would you do? What thing in your life you hate that money can solve?
Whether you choose to work from home to spend quality time with their family, to feel good about yourself or to change lives and help people you will encounter obstacles. If your why is bulletproof, your success is guaranteed.