Why Your Home Business Plans May Fail You
A Vision without a plan is a hallucination.
Such a simple but true quote and will worth exploring as it will bring you many answers in your business Lets break this down for a second, I sure most of you have a plan with your home business.
You plan to make more money, you plan to pay off your bills, you plan to buy a new house, you plan to spend more time with your family and you plan to do this by just working more.
Build it and they will come right? But do you really know how to complete your plans? Not just follow a system, but EXACTLY what you will need to do to get to where you want to be.
This may seem obvious, but look a little deeper at it and you may see that your business plans are nothing more than a hallucination.
If you plan on buying on paying off your bills, Exactly what will that take? Not just that you have $20,000 in debt to pay off, but exactly what will you need to do to pay off the debt.
If you make a $30 commission for each sale you will need Six hundred and Sixty Six sales to pay off that debt (that's a lot of sales).
Break it down even further, you need 12.
8 sales a week and 1.
8 sales a day to make $20,000 in one year.
Pretty light number 20k, as most people are looking to make a minimum of 5-10 times that a year.
So be conservative, to make 100k that's 64 sales a week and 9.
1 sales a day, seems a lot more daunting doesn't it.
Now, back to your plan (or hallucination), it your business a viable opportunity to make enough money to support your plan or goal? If so, the next step is to figure how long that will take you and how much money that will cost along the way in advertising expenses.
So, here's what you need to do next.
Analyze your plans and goals and break it down to the sale per day you need to make to make your plan happen.
Then see if they business you are in now or considering starting is going realistically meet your goals, make this a business decision, not an emotional one.
If your current business fits your plan, decide exactly what you need to do make those sale, how many leads per day, cost per conversion, Everything.
If it doesn't fit then find a business that does and Think Big Ticket.
Then and only then will your Business plan be your future and not a hallucination.
Such a simple but true quote and will worth exploring as it will bring you many answers in your business Lets break this down for a second, I sure most of you have a plan with your home business.
You plan to make more money, you plan to pay off your bills, you plan to buy a new house, you plan to spend more time with your family and you plan to do this by just working more.
Build it and they will come right? But do you really know how to complete your plans? Not just follow a system, but EXACTLY what you will need to do to get to where you want to be.
This may seem obvious, but look a little deeper at it and you may see that your business plans are nothing more than a hallucination.
If you plan on buying on paying off your bills, Exactly what will that take? Not just that you have $20,000 in debt to pay off, but exactly what will you need to do to pay off the debt.
If you make a $30 commission for each sale you will need Six hundred and Sixty Six sales to pay off that debt (that's a lot of sales).
Break it down even further, you need 12.
8 sales a week and 1.
8 sales a day to make $20,000 in one year.
Pretty light number 20k, as most people are looking to make a minimum of 5-10 times that a year.
So be conservative, to make 100k that's 64 sales a week and 9.
1 sales a day, seems a lot more daunting doesn't it.
Now, back to your plan (or hallucination), it your business a viable opportunity to make enough money to support your plan or goal? If so, the next step is to figure how long that will take you and how much money that will cost along the way in advertising expenses.
So, here's what you need to do next.
Analyze your plans and goals and break it down to the sale per day you need to make to make your plan happen.
Then see if they business you are in now or considering starting is going realistically meet your goals, make this a business decision, not an emotional one.
If your current business fits your plan, decide exactly what you need to do make those sale, how many leads per day, cost per conversion, Everything.
If it doesn't fit then find a business that does and Think Big Ticket.
Then and only then will your Business plan be your future and not a hallucination.
