Category Archives: Online Home Based Business

Online Home Based Business and Personal Development

Online Home Based Business and Personal Development

Starting an online home based business may be new to you, but there are plenty of people who have been there before. Some of them have become really successful and have decided to share their experiences in books. Reading about how other people made their online home based business ventures succeed can be inspiring but, as an entrepreneur, you have to read for more than inspiration. You also have to know about what made those people who have enjoyed success find their way beyond what made them feel inspired. Inspiration, however, does have its place.

Reading and Learning to Grow Your Online Home Based Business

Online home based businessOne of the books you may want to consider reading is The Magic of Thinking Big by David J. Schwartz. This book has to do with how your thoughts influence your success. This concept is not new to anyone in business, but Schwartz does a good job of breaking it down and explaining how thought patterns may have a role in the success or failure of anyone running their own online home based business.

Who Moved My Cheese by Dr. Spencer Johnson is another book that a lot of entrepreneurs who own an online home based business find indispensable. This book has been consistently popular because it deals with the only thing that does remain consistent throughout life: change. The book gives you insight on how to deal with the fact that things will change and how to let this distress flow off of your back or how to embrace it and make something of it. This book has been consistently popular with business people within organization and with entrepreneurs and deserves a read from anyone considering starting their own online home based business.

Felling Stuck with Your Online Home Based Business?

It’s a good idea to read when you’re at one of those points when you don’t know where to go with your online home based business. Everyone has this happen and entrepreneurs have to deal with the fact that they don’t always know what to do when something becomes more challenging than they anticipated. Dealing with challenges, keeping a positive outlook, dealing with change and being ready to embrace it are part and parcel of success for any businessperson.

Sometimes, things will happen to business people that have nothing to do with their efforts or abilities. One author who put a lot of thought into this is Nassim Nicholas Taleb and his book Fooled by Randomness has been a big hit with the business community. It’s another one you may want to pick up, especially when you’re discouraged.

Between having good books to keep you motivated and having the willingness to consider whether or not your current view of the world is realistic and productive, you can make your online home based business go farther. This is because you’ll have a mindset that is ready to embrace challenges, to cope with defeats and to make sure that you don’t consider yourself entitled to success. Take a look at The Magic of Thinking Big to learn about positive attitudes, at Who Moved My Cheese to learn about dealing with change and Fooled by Randomness to learn about dealing with the tough situations that sometimes just happen to everyone.

Christine Chow

 

 

 

 

To Your Success,

Christine Chow

Let’s connect on Facebook & Twitter!

Skype: chrissy.chow

Multiple Income Streams Is More Important Now Than Ever Before

multiple income streams

Multiple Income Streams Is More Important Now Than Ever Before

Building multiple income streams is an important and necessary mean for any individual person, but it’s even more so for those with families. For one person to rely on a sole income stream can be dangerous, but to have multiple people relying on just one or two income streams is a terrible idea for the financial safety and well-being of your family.

What Does It Mean to Build Multiple Income Streams?

An income stream is anything that gives you a regular flow of money. It could be a business, a job, or investments – as long as it’s bringing in money on a consistent basis, it’s an income stream.

Most families only have one or two income streams – the job of the parent or parents that work outside the home. Building multiple income streams means increasing the ways that money is coming in, until you have five or six different ways that you’re earning money on a regular basis.

Why is Building Multiple Income Streams Important?

The main benefit of building multiple income streams is that it gives you added financial strength and flexibility. Imagine a family that relies on one income stream – now, what happens if that income stream gets reduced by 50%, or disappears entirely? Relying solely on one income stream would be like building a table with only one leg – it’s possible, but not necessarily a good idea, and adding more legs will certainly make the table more stable.

If a family is relying on three or four income streams instead of one, then it’s not a big deal if something happens to one of those income streams – the focus can be put on increasing the income from the other streams and eventually creating a new income stream to replace the one that was lost.

Most people are only months away from bankruptcy, lacking the savings that it would take to survive if something did happen to their one income stream. Having multiple income streams, even if the other income streams are smaller than the main source of income, lets you have something to bolster your savings in the meantime and adds to your chances of recovering faster from losing your main source of income.

Additionally, job security is an illusion. If the recent economic turmoil has shown us anything, it’s definitely shown that no job is entirely security, and no company or business is bulletproof. People might fight against the idea of building multiple income streams because they have a false sense of security in their job – but the best way to have a real sense of security is to not rely on one sole source of income.

How to Start Building Multiple Income Streams

Five or even ten years ago, building multiple income streams would have been much more difficult than it is today. The internet is an amazing tool that can be put to great use in your quest to build multiple income streams – there are hundreds of marketing, business, and investment opportunities available that wouldn’t have been there a few years ago. Start educating yourself on how to build multiple income streams now, for the sake of your family.

Christine Chow

 

 

 

 

 

 

To Your Success,

Christine Chow

Let’s connect on Facebook & Twitter!

Skype: chrissy.chow