Maybe some people are born with entrepreneurial tendencies but in my observation over many years of consulting and coaching business people I believe the skills need to be learned. Even people who loved to sell when they were kids, and are what would seem “born entrepreneurs” can lack other necessary skills in running a business.
Where does this leave the large number of people who are opting out of the 9 – 5 world to become home based business owners? I believe that they need to be taught to be Business Owners. This starts with the right mindset. You can read my post on Business Mindset here. Mindset is fundamental and without it you will never have a successful business.
The Network Marketing model is an interesting one as people from all walks of life join this business. They often come straight from being employees with no prior business experience. They may have been recruited by someone who also has no business experience and no understanding of the mindset necessary. There needs to be good training in place to deal with this.
If you are an employee thinking of joining a Network Marketing Company make sure you join a group that has good training and work with someone who will guide you to develop the mindset you will need to have.
I have been a traditional business owner for most of my life and I have found it difficult to transition to home based business. My main adjustment and leaning has been around having to do it all myself. I have had employees to delegate to for most of my life. Now I look around and realize “I am it”. (My dog won’t do much!). Even though I have owned reasonable sized businesses and believe I do have a business head, I can be lulled into not treating my home based business as seriously as I should.
It takes considerable self discipline to be a home based business owner. We need to remember if we are serious about building residual income and having a wonderful lifestyle we need to treat our business with respect from the beginning.
Please leave me your comments below. If you are a home based business owner let me know how your transition into the role has been.