3 Traps to Avoid When Starting a Home Business

Just like everything else in life, becoming a home based entrepreneur comes with its set of traps. These are very common mistakes a lot of people make which often keep them from success. Learn to avoid these traps so you can become successful. These traps are believing your limiting beliefs, waiting for the “perfect time” to get started and an inadequate focus on personal development. Read on to learn more.

Believing Your Limiting Beliefs

Limiting beliefs are simply lies your subconscious tells you to keep you in your comfort zone. Limiting beliefs are beliefs like “I don’t have what it takes,” or “success is for other people,” or “I just don’t have the skills,” etc. Believing your limiting beliefs is a surefire way to kill your chances of success. If you’ve already decided you’ll fail before you even begin, how can you even have a shot at success? Overcoming your limiting beliefs is an important part of your development as a home based entrepreneur.

It all comes back to the law of attraction and what you focus on and think about will manifest in your life. If you focus on what you cannot do, then that is what will happen. Now, if you focus on what you can do and what you want, that is exactly what you will manifest into your life.

Waiting for the “Perfect Time” to Get Started

Many people want to wait for the “perfect time” to get started in being a home based entrepreneur. Perhaps they’re waiting for the kids to go to school so they have a few hours more free time. Perhaps they want a few thousand dollars padding before they get started. Many times people will go through the initial steps of starting their home business and get stuck in the “learning phase” of being a home based entrepreneur. They spend all of their time learning and preparing to execute and take action and they never get their businesses off the ground.

Whatever the case, people have the tendency to want to wait. Unfortunately, most people delay and delay and delay and never actually get started. In reality, now is as good a time as any to get stated in your new business. Waiting for the perfect time is again just your mind trying to keep you in your comfort zone. Don’t let this hold you back.

Inadequate Focus on Personal Development

Often people will focus very heavily on marketing, sales or business growth. But they’ll forget about their personal development growth. This is not the path to success. More important than any external business skill is your personal development.

Developing traits like confidence, action taking, and commitment to success are far more important skills than learning how to make a better sales presentation. Many times the best business investment is in yourself and getting a personal mentor/coach to help you transition into a home based business opportunity. Focusing on personal development is absolutely crucial if you want to succeed.

These are three common traps that new home based entrepreneurs make. Don’t believe your limiting beliefs, start now and put focus on personal development. Do this and you’re far ahead of 99% of your competition.

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One Response to “3 Traps to Avoid When Starting a Home Business”

  1. karim
    October 20, 2009 at 9:57 pm #

    Good one on Personal Development and it helps a lot.

    Thanks,
    Karim – Positive thinking

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