If you want to learn how to become your own boss, one of the biggest decisions you will face is when to switch your online business from part-time secondary income to full-time primary income. Opportunities like Empower Network and Global Domains International are filled with affilaites who made this switch too early and then paid the price.
Many individuals make the foolish mistake of doing this when their business isn't in a healthy state. If you do that, then you have a recipe for disaster. If you are in a position with your existing online business where you could leave your job and focus on it full-time, however, then there are a few things you need to know first. []
The majority of people who join affiliate programs in a bid to build a secondary income do so because they aren't satisfied with their current job and want to work for themselves. While you may not like what you do for a living right now, what is the one thing your current job provides? You guess it, a steady wage. That's the one thing any internet business cannot guarantee you, so you should not be considering making it your primary income unless you are in a financial position to do so.
It may seem like common sense that you should only consider quitting your job if your online business is in a position healthy enough to do so, but you'd be amazed at how many people make the transition far too early. Usually, people who are struggling with their chosen affiliate program do this under the impression that simply having more time each day to build their business will unlock the keys to success. The fact is they simply need to learn how to manage their time more effectively. There is nothing stopping someone with only 1-2 hours per day from building a great online income if they take the time to learn how to market effectively. Sadly, most people don't. Also, as soon as they lose the safety net of the guaranteed income they had at their day jobs, their online business becomes an awful lot more stressful than it used to be.
The extra stress which is generated is usually enough to make all of that extra free time useless. Many people find that despite having 4-5 extra hours per day to work on building their brand they don't work as effectively as they did before. Even though they may have only had 1-2 hours before, they used the time effectively because they weren't under such severe pressure to make it work.
Then there is the issue of retention. One of the biggest reasons so many home business opportunities struggle to make a name for themselves is customer retention. Most people who join affiliate programs are not serious about making money online, they are just looking for a quick fix. This leads to people quitting on a regular basis and having to be replaced in your downline.
The best way to learn how to become your own boss is to learn from the mistakes of others. Thousands of people who have made the jump too early have lived to regret it. So before you consider leaving your current job in order to focus on your Empower Network or Avon business, no matter how much you might hate your job, you need to keep your feet on the ground or you could ruin your long-term chances of success.
Many individuals make the foolish mistake of doing this when their business isn't in a healthy state. If you do that, then you have a recipe for disaster. If you are in a position with your existing online business where you could leave your job and focus on it full-time, however, then there are a few things you need to know first. []
The majority of people who join affiliate programs in a bid to build a secondary income do so because they aren't satisfied with their current job and want to work for themselves. While you may not like what you do for a living right now, what is the one thing your current job provides? You guess it, a steady wage. That's the one thing any internet business cannot guarantee you, so you should not be considering making it your primary income unless you are in a financial position to do so.
It may seem like common sense that you should only consider quitting your job if your online business is in a position healthy enough to do so, but you'd be amazed at how many people make the transition far too early. Usually, people who are struggling with their chosen affiliate program do this under the impression that simply having more time each day to build their business will unlock the keys to success. The fact is they simply need to learn how to manage their time more effectively. There is nothing stopping someone with only 1-2 hours per day from building a great online income if they take the time to learn how to market effectively. Sadly, most people don't. Also, as soon as they lose the safety net of the guaranteed income they had at their day jobs, their online business becomes an awful lot more stressful than it used to be.
The extra stress which is generated is usually enough to make all of that extra free time useless. Many people find that despite having 4-5 extra hours per day to work on building their brand they don't work as effectively as they did before. Even though they may have only had 1-2 hours before, they used the time effectively because they weren't under such severe pressure to make it work.
Then there is the issue of retention. One of the biggest reasons so many home business opportunities struggle to make a name for themselves is customer retention. Most people who join affiliate programs are not serious about making money online, they are just looking for a quick fix. This leads to people quitting on a regular basis and having to be replaced in your downline.
The best way to learn how to become your own boss is to learn from the mistakes of others. Thousands of people who have made the jump too early have lived to regret it. So before you consider leaving your current job in order to focus on your Empower Network or Avon business, no matter how much you might hate your job, you need to keep your feet on the ground or you could ruin your long-term chances of success.
About the Author:
Further Details: Russ Howe is now a globally established Empower Network affiliate. You can obtain his thorough and direct empower network review in today's interview, which covers the aspects of the home based business industry which cause most affiliates to fail.
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