Like any business, your home business will go through phases.
As much as we’ve all heard that this industry is as simple as telling 5 who get 5 who get 5 and we’re all living on the beaches of the world, the reality is much different.
This is a home BUSINESS.
Not a home hobby, or a home side project.
Sure, if all you’re looking for is a little side project to create some extra spending cash, it can be that for you, but most people who get into the network marketing or home business industry do it because they want it to be their full time income.
For that to happen, you’ve got to treat it like a business, and like any business a successful home business is going to go through phases of growth.
Here Are The 3 Phases Of A Successful Home Business
In case you need to write them down, here’s those 3 phases again.
- The Grind – This is stage that’s a lot like launching a rocket into outer space. It’s going to take more fuel to get you off the ground and build up some speed than it will to carry you through the rest of your journey.
(If you’d like to learn how to get through this phase and get to your first 5 figure month in less than 90 days, then leave me a comment below and ask me how to get into our Millionaire Mentoring)
- Building A Team – This is the stage where you have to learn how to manage and motivate your team to keep the momentum going. This business is all about leverage, and it’s the people on your team that will give you that leverage. Learn how to lead your team to help them create success.
- Designing Systems – Now that you have momentum, and a team of people getting their own results, this is when you have to put systems in place to help everyone on your team continue to replicate what you’ve created. Without your leadership the team may start to drop off unless you have proper systems in place that replace your direct influence. Phase 3 is all about building systems and resources for your team to plug their teams into. That’s the key to your success and longevity.
There you have it. The 3 phases of a successful home business. Know up front that you’re going to go through all of these phases and you’re much more likely to put in the effort required to get through them. Come in expecting a walk in the park, and you might end up living in it.
What do you think? What phase are you in with your business?