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Posted on October 22, 2009 by Romy Rivera | Posted under Internet and Businesses Online
How to End Up Among The 3% Of Home Based Entrepreneurs That Make Over $10,000 Per Month? Setting Your
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The Facts: * Less than 3% of home based entrepreneurs make over $10,000 per month. * 90% of all businesses will fail within their first 5 years (Entrepreneur Magazine). * Over 30 MILLION Americans have either attempted Network Marketing or are currently involved in the industry. * Yet 90% make less than $10 a week. * And 70 MILLION Americans plan to start their OWN businesses in the next 3 years (Forbes Magazine). Yet, Paul Zane Pilzer in his famous "The Next Entrepreneur" book, goes as far as to say that by 2016 at least 10 million new millionaires will be created and most of them will come out of this industry: the home-based business. If you add the numbers from the above facts, the picture is pretty close to Pilzer's numbers. According to that, at least 7 million people out of the 70, would make it and will make it BIG. So what do you need to do to make it BIG too? Very simple… Really the answer is simple, and all you need to do is believe it as I say it. What you need to do is to plan to be there. That's right, you need to make up your mind about becoming one of those millionaires and you will become one. Earl Nightingale, many years ago, said: "What your mind can conceive and believe, it can achieve." Memorize this sentence, repeat it every day and it will show you how powerful and true it is. This message is about the basic steps to setting up your financial goals and strategic plan to succeed. The only way you will become a millionaire is by planning to become one. It can't happen otherwise, unless you win the lottery or inherit such sum of money, without you even wanting to. Now, you might not want to become a millionaire. You might just want to make at least $5,000 per month. It doesn't matter… the amount doesn't matter. What matters and what's important is that you write it down, make it concrete so that the Universe gets your message. Three basic steps are behind this goal setting process and should be done without any delay from your part. They are 1. Define who you are and what's your purpose in life. 2. Define where would you like to see yourself in 10-30 years. 3. Define the steps you need to take from that time to the present, going backwards from the general to the specific, to accomplish this major goal. Step 2 is what James Collins and Jerry Porras call BHAGs: Big, Hairy and Audacious Goals and what I now want to refer as BHAFGs: Big Hairy & Audacious Financial Goals. A good BHAFG is clear, precise and serves as your motor to get you going. I love this stuff and for many years I trained company owners, corporate companies to define their BHAGs. I was always amazed of their results! You're probably asking yourself, what the heck has all this to do with an Internet-based business? Let me warn you, it has everything to do with it, it is the foundation of any business, be this online or offline. If you fail to do this right, or if you simply don't do it because it looks too weird: you will not make it BIG. PERIOD. To get you going let me share with you some of the BHAGs that have impressed me the most: Ford: "Democratize the automobile." Boeing: Bet the pot on the B-17, 707 and 747. Sony: Change the worldwide image of Japanese products as poor quality. Disney: Build Disneyland - and build it to our image, not industry standards. To be the best company in the world for all fields of family entertainment. CarbonCopyPro: Create 100 millionaires by 2012 So get yourself to your BHAFGs, have fun letting your mind go as wild as possible. Please share your BHAFGs with me. I would love to read them! I just showed you a simple 3 steps formula to create the strategic plan of you personal enterprise. These steps involve defying your why, setting your financial goals and drawing the map to follow. About The Author: Find a Video Version of This Article in Setting Your "Financial Goals". Romy Rivera is an Expert Internet Marketer Devoted to Inspiring and Educating Home Based Entrepreneurs. |
Tags: “FINANCIAL GOALS” “GOAL” “ACHIEVE” “SETTING FINANCIAL GOALS” “REACH”
