As a young entrepreneur who has been in the world of business going to 5 years now, from my little experience I can categorically tell you this – business is not a 100 meters dash, but a marathon. If you are one of those survival driven entrepreneurs who hope to hit it big in business over a short period of time, then I am afraid you’ve chosen the wrong path.
The most common and straight forward expenses are those of advertising, office supplies, professional fees, insurance, freight, postage, meals and bank fees. These are straight forward because they are typical business expenses and don’t require a lot of interpretation or calculation. You simply add up the receipts and you have the total expense.
Pretend that you decide to take your compact car to Africa on your safari. If you were asked “How much did you spend on auto expenses on your trip?” you would probably come up with a total for the gas, the repairs and the maintenance while the vehicle was physically in Africa. You wouldn’t add in the expenses of gas and repairs in Canada as these would not be costs associated with the Africa trip. Business auto expenses work in a similar manner to this.
If we did do a trip to Africa, it would be easier and simpler if you had one bank account for the trip only. If there were any questions about what you spent on the trip, you could simply go to the bank account and get a lot of the details that you would need. This is similar to your adventure in Business connections.
Think about where your expertise may be needed the most. For instance, were you a human resources specialist before getting laid off? Think about creating your own consulting firm. Whatever your prior occupation, consulting is a means of putting your knowledge to work for you.
Why do you want to start a home business online? Other than the money, what good will your business connections do? Will it allow you to spend more time with your family and loved ones? Can you finally get rid of your worries about money and share your new wealth with those you love? Are you ready to get that dream car or vacation?
With any business, you have to put your time and energies into getting things going. Network marketing is no different. If I was a doctor, attorney, or baker, my business would be me. I am the business. If something happens to me, the business closes. With network marketing, my network is my business.
These are simple techniques but when put into practice, they can really help you. Just follow these ideas for successful business networking and it won’t be long before your business really starts to grow!