4 Success Tips to Turn Your Home-Based Business Failures Into Success

2010 June 8
by Bill Winch

The main difference between people who achieve and people who are average is their perception of and response to failure. Since failure is more common than success, we should all learn the art and science of looking failure in the eye and moving forward.

In network marketing, the question is not IF you will have problems, but HOW you are going to deal with your problems. If you take your past mistakes and learn from them, they become stepping stones to get your stalled home-based business in motion.

There simply is no achievement without failure. Successful people are successful because they fail more times than others. One of the greatest problems people have with failure is that they are too quick to judge isolated situations in their lives and label them as failures. Instead, they need to keep a bigger picture in mind. Once you realize that, you can use your mistakes lying on the floor of your home office and build a new business from them.

Success Tip #1: Start Keeping Gauges

Keeping gauges on everything you do related to your business pinpoints your strengths and weaknesses. This will provide you with an overall snapshot of what works and what doesn’t work as you design your plan of action. When you see all of your efforts in front of you on paper, it’s easy to track your progress…whether it’s good or bad. Start by omitting the things you know won’t work based on your knowledge from past failures.

For example, I spent several years distributing fliers on cars with no success. when I decided to change my activities and keep detailed gauges, I found that what worked for me was completely from what I had done in the past. I knew what not to do, no matter how many times I kept hearing people tell me I should keep going. Gone were the days when I blindly followed a plan without knowing exactly where every cent of my money was going to and along with them went my loss in income.

Success Tip #2: Become A Leader

Show other people what not to do based on your experiences. When you help others reach their goals, yours will come automatically. You don’t want that brand new person who you just enrolled into your organization to go through the pains you went through. Tell them how you failed. Think about the positive impact you will have on someone when they always think of you as a mentor.

This worked well for me when I decided to stop leading with my business opportunity. I spent several years advertising from the “work from home” angle. When I realized that almost every person who I enrolled that way eventually quit, it led me to the conclusion that in order for success in network marketing, a person must be introduced to the product first. They must have an attachment to the product. When I mentor my new prospects on this concept, they have a considerably less drop-out rate in their businesses than I ever did.

Success Tip #3: Change The Way You See Yourself

Every successful person is someone who failed, yet never regarded themself as a failure. Based on experience, you know what it feels like to fail. You know what it feels like to stand up and brush yourself off and start over. You know you can survive and it takes courage and strength to do so. Focus on the “standing up” and not the “falling down.” A lot of people fall down and can’t stand back up. You can.

I used to think I jinxed everything I touched. It seemed as though other people did the same things I was doing and became rich, but I couldn’t make it happen. When I realized that it had more to do with using outdated techniques than my ability to make money, it not only improved my confidence, it also led me to seek proper marketing education. I no longer thought of myself as a failure and I refused to let myself be guided into bankruptcy following someone else’s plan that didn’t work.

Success Tip #4: Take Responsibility And Move Forward

The only way to move past failure is to take responsibility from within yourself. Your goal should not be to get ahead of others, but to get ahead of yourself. Break your own records, outstrip your yesterday by your today. Even just starting over with a new perspective shows how responsible you are. Quitting dodges responsibilities and the consequences of that can spill over into the other aspects of your life.

No one twisted my arm into putting fliers out every day or signing up for a lead-generation website system without any guarantees for success, so it was up to me to take responsibility instead of quitting or blaming others. It’s unfortunate that I believed people and things didn’t work out, but my failures led me to find the proper education that guaranteed my success. Not only did it expand my business for pennies on the dollar, but it allows me to help others expand their businesses in the same way.

Perspective leads to perseverance. Perseverance brings longevity. Longevity gives opportunity to success. Once you begin to accept failure as an important part of the whole picture you will begin to push past adversity and ultimately reach your goals. It’s not easy to retrain your brain from the way most network marketing companies teach, but when you fail enough times it will eventually drive you to start thinking outside of the box.

2 Responses leave one →
  1. January 3, 2011

    I really like your website. Thank you, great share.

  2. November 8, 2010

    Nice website. Great post, great share.

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