Get Over Your Fear Of Losing Money To Succeed At Any Home Business
By Ken Leonard Jr.
© KLJ Online
Many readers just like yourself want to be able to
quit their jobs and work for themselves instead.
Some have seriously thought about it, but have not
taken that big step to actually get started.
Just imagine what you could accomplish in the next
year if you started today.
Your biggest obstacle to getting started may be a
fear of failure. Having negative thoughts lets you
envision spending lots of money on your business
and losing it all.
Once you have realized that everyone that succeeds
has also failed, you'll see that using your failures
in a positive manner is the 'key to success' that
you've been looking for. You must tell yourself that
you are going to be willing to take (calculated)
risks, and will always use the results in a positive
way. Only then will you be prepared to start a small
business of your own.
If you are really serious about working for yourself
from home, you will see that money spent on achieving
your goals is money well spent. We're talking business
tools and resources, advertising and educational
material, that together will prepare you and allow
you to do business on the internet in a professional
and profitable manner. Investing in your business
is a necessity, so if you can't get over your fear
losing money, it's in your best interest to work on it.
As long as you understand this...
You don't want to just throw money at an ad campaign.
Avoid spending money needlessly. Spending a lot
isn't going to make it work any better. Be sure
to always research educational material like eBooks
and courses or any business tools and resources
before you buy. It's easy to go on the internet
and read through user feedback for virtually any
product or service available online.
Following recommendations from trusted sources,
like your favorite ezine publishers, is always a
good way to go. It is likely that they have used
these products themselves, and can tell you
first-hand whether or not they are worth your
time and money.
Some ezine publishers may not print negative
comments about products from other companies,
but will speak with you candidly by phone or by
email. And don't be afraid to order a product that
they recommend. If you find their publication
helpful, think about giving back and use their
affiliate links. (You've got to give to get.)
To avoid losing more money, be sure not to overspend
on your advertising. A common way to lose money is
by spending a lot on your first ad buy. Odds
are that you will lose every time. The key is
to always start out small. Start out buying $10
classified ads to test your ad copy and the
ezines where you are running your ads. When you
get a good idea which ad is doing the best for
you, and which ezines pull the best for you,
then it's time to start buying some $25 top sponsor
ads. Now you test again. When something is really
working, you're ready to buy some solo ads at
$50-$150 each. Solos are sure to be your most
profitable ezine ads.
Continue with this process, reinvesting at least
50% of your profits back into more ads. Can you
see what happened here? You just conquered your
fear of losing money.
I knew you could do it.
About the author:
Home Business Success Coaching...
Ken Leonard Jr. publishes New Marketer Ezine weekly.
Get the advice and direction you want, so you can
make a living working from home. If you're serious,
see what others are saying about New Marketer here...
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