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Why Most Work From Home Businesses Fail

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Published: 11Apr2008
Word count: 405
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More and more people are choosing to work from home. Some advantages people start an online business includes the ability to spend more quality time with the family and there is no need to commute to and from work. However, ninety percent fail after their first year and ninety percent of the remaining fail in the next four years.

The first thing you must do when thinking about an online business is to figure out your WHY. Setting goals is one part of planning for success but you're WHY is the reason you keep going. Many people quit because their WHY is not a strong enough reason for doing the business. A strong WHY is your foundation for a successful work from home business.

The biggest problem when people decide to work from home is the one or more family members, relative or friends that will not want you to succeed. They will criticize and complain and try to change your mind. This happens to everyone. Surround yourself with people of like mind. Network with those who have the same online business interests as you and have a WHY that will keep you going through anything including the criticism of a loved one.

Some people, when trying to find their why usually want to pay off their house or a new car. But your why is never money or goals. It is about what you really want. What situation in life you want to get out of so that it doesn't happen again. It's about who you really are. It is a burning desire that is much more than money. If your why is an 80% and you come up against a barrier with an 82%, you will give up. But when your why is 99.9%, you will be successful in your online business

Ask yourself when looking for your WHY, what do you really like? What don't you like? What do you get excited about? What makes you afraid? If you had all the money you want, what would you do? What would you do if you had all the free time you wanted? What do you hate about your life that money can solve?

Whether you choose to work from home to spend quality time with their family, to feel good about yourself or to change lives and help people you will encounter obstacles. If your why is bulletproof, your success is guaranteed.

Kerry Johnson is webmaster of your Online Business Ideas site.Sign up for his free mentoring ebook and other home business related ebooks.

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