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There are thousands of new businesses that are established every single year. Of those businesses, around 90% of them end up closing shortly after opening, often within the first 12 months. A company could be making really good money, but if they donâ??t have the proper business practices in place, their income wonâ??t matter. This is why it is essential to your business success to begin your endeavors and entrepreneurship with a proper business mind set. It doesnâ??t matter if you have half a million dollars in starting capital and an immediate opportunity for success; if you build your house on quicksand, itâ??s going to sink.

That means that you need a solid foundation for your business. Part of that foundation is found in a solid business mindset. Without it, you may never fully understand or appreciate everything that comes with owning a business. You can do everything else right when it comes to starting a business, but without the foundation and frame of mind of a professional business person, you wonâ??t be successful for long.

Another popular reason that businesses donâ??t make it is because their owners have tons of formal education but no actual street smarts or experiential skills related to business ownership. You can get a PhD in business, and you still wonâ??t be any closer to business success because you donâ??t have the necessary knowledge that you learn through direct experience and occurrences.

Often, many people struggle in business because of the transition from employee to entrepreneur and the lack of preparation they had in the switch. If youâ??re intimidated by making this transition, you simply need to focus on your business mind set, and being as courageous as you can, and doing whatever it takes to succeed. Although it might be unknown territory to you, you should still be willing and able to navigate it without having to bail out completely.

Money is the final reason that businesses donâ??t succeed. This one needs no explanation really. Either the business doesnâ??t have enough capital, or doesnâ??t gain enough profit quickly enough to keep the business going.

No matter why a business fails, it usually has some reflection on the mindset of the person in charge of the business. Not having a proper business mind set before you start a business can cause any one or all of these events, to itâ??s important that you take the time to train your brain properly, so that you can excel at all that you do.

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The recession, doom & gloom, and the ever present media force feeding us all of this bad news is at an all time high. Every time I pick up a newspaper (which isn’t too often these days), I’m blown away with the strong, fear-based message. One of AOL’s most recent headlines was “Fear Among US Citizens is Growing.”

Well, duh, of course people are scared after they ingest a steady diet of anxiety provoking articles and scary headlines!

Switch on the TV, radio, or Internet and you will get the “news.” Problem is, it’s like the flu – if you hang around it long enough, you just might catch it!

As entrepreneurs, our business’ life blood depends directly on us. Now more than ever before, our attitudes are so important to the sustainability of our businesses! “If you think you can or you think you can’t, either way you are right!” Henry Ford knew what he was talking about!

Here are 3 Quick Tips to keep your mind focused on what truly matters so your business thrives, no matter what:

1. Declare to yourself and for the sake of your business that you aren’t going to participate in the recession. Period. No more complaining, getting caught up in water cooler conversations about how bad things look, and getting scared. Fear will shut you down. Trying to sell your best product when you are coming from this head space will NOT get you that new client.

2. Drastically cut down on your intake of sensationalistic, repetitive, negative, fear-based TV news, newspapers, and magazines. Don’t worry, you’ll still be informed. Most of the news we hear is repeated over and over again. You won’t be missing a thing. Instead, decide to use your time to learn a new web application or sales training program or go take a walk! Anything that you deem as productive IS and will move you forward on your goals.

3. Upgrade your capacity for success and tune up your own success mindset. Are your thoughts overwhelmingly positive and constructive or are they laced with fear, worry, and anxiety? Most people are shocked when they start to pay more attention to how they think and how they talk. Time to be ruthlessly kind to yourself. Stop that inner critic dead in her tracks. Replace negative thoughts with more positive, better feeling thoughts and you’ll quickly lift yourself from a funky mindset that depletes your spirit and your bank account.

Now you are in the truly profitable mindset, where all kinds of things are truly possible!

Have you ever wondered what is the main difference between Bill Gates and you, besides the USD 50 billion?

It is the thoughts that he thinks everyday and the thoughts that you think. It is true. That is it. Your thoughts are the only difference between you and Bill Gates.

It means that you are where you are today because you chose to be there for better or worse. It was your decision and no one else. Not even your circumstances. The thoughts you had led to the decisions you made up to today determined your life right now.

I have heard this so many times. I challenged and argued with it for some time. Guess what? Unless you can finally “get it”, you can achieve the success you are looking for by leaps and bounds.

Why? Because you are what you think. Thoughts are real. They are so real and so powerful. In fact, you use your brain to determine how wealthy you can be. How we live, and what we do, can actually have a profound impact on the physical structure of our brains. If we are what we eat, as the old saying goes, we may also be what we think. Or rather how we think and as well as how much we think.

Like it or not, the Law of Attraction simply says that you attract into your life whatever you think about most. Your dominant thoughts will find a way to manifest what you think of most of the time.

The neat part about this truth is that you are 100% in control of your thoughts. In fact, your thoughts are the only thing in this world you have 100% control over. We may have difficulties in controlling our thoughts at challenging times. That is because we are not “prefect” in our skills in controlling our thoughts.

The biggest factor that will determine if you are successful in your business is whether or not you create a mindset that encourages and empowers you to take the daily actions and disciplines required for success. Only you can decide whether or not you want to train your mind to think like a successful entrepreneur, and hence, become a successful entrepreneur. Your self-talk determines everything. You can talk yourself into success just as easily as you can talk yourself out of it. Whatever you think about and dwell on you will get!

The successful person simply does the things the unsuccessful person makes a conscious decision not to do. Sound familiar? If you are not careful, your mind comes up with logical reasons or excuses to justify them. So ask yourself honestly. Are those truly “real” reasons, or are they really just excuses?

Life gets in the way “or some such “motto”, but the fact is YOU get in your own way.

We tend to excuse ourselves for not following through on what we know we should be doing to succeed. And one excuse leads to another and the “rut” in our life continues.

The resistance thinking also hold true. Most likely, you’ve heard this old phrase…

“That what you resist will persist”

Our beliefs about the environment and the society that surround us, make us think in a certain way, and the way we think draws the people, the situations and the things we experience to our lives.

Consciously, we know the difference between a negative thought and a positive one. However, our subconscious mind cannot discriminate between “yes” and “no.” Our subconscious mind just knows one word and that is “yes.”

When we think “I don’t want to attract more debt” we are creating “resistance” to debt, which in turn makes debt persist. This creates a domino effect. Our thoughts create resistance. Resistance creates stress. Stress consumes energy. And the problem persists.

The domino effect becomes a vicious circle. This is why we feel so weak and with low energy when we feel buried in problems. We are expending energy in a negative way.

Resistance is a struggle. Is like pushing a cart uphill with no help. We struggle when things don’t go our way. So every time we resist something, we are spending our energy in the wrong way. It is much better and much easier indeed to stop resisting what we don’t want and focus on attracting what we do want.

For example, instead of struggling to make more money by getting a second job, try to focus on attracting prosperity by having positive thoughts while working.

This also applies to every other situation in your life, like your relationships with others. When you blame another person for what has happened to you or are angry at somebody, you are creating more of “what you resist persists”, thus preventing new experiences and positive people from arriving into your life.

Remember; always focus on embracing the positive rather than resisting the negative. Releasing negative thoughts of resistance will free your energy to use it in a more positive way. You will feel more energetic, more vibrant and more alive when you focus on what you do want versus what you don’t want.

There is a saying; he who has consistent thoughts about having abundance will be given more consistent thoughts about having abundance. He does not have consistent thoughts about abundance will even have the thoughts of abundance taken away from him.

Why? Consistent thoughts produce a certain pattern of thinking. Patterns of thinking produce beliefs, attitudes and values. Beliefs, attitudes and values produce actions. Actions produce results.

So if you do not have what you want, it is likely your current state of thought is incompatible with your goals.

So how do you become the person you need to be in order to create wealth and abundance in your life? First and foremost, you must train your mind to think differently if you want different results. Not 100% change at once but begin with 1% change and that small change can make a different to your life.

Here are some other suggestions:

1. Introduce others into your world on a daily basis who already have what you want. It is said that you are the sum total of the five people you spend most of your time with.

2. What shows do you watch when you get home? Are they up uplifting and educational?

3. What do you listen to? Self-improvement and business coaching?

4. Do you read books? If so, are they design to educate and empower you?

5. Surround yourself with the presence of successful entrepreneur and network marketer each day in the form of books, audio training and etc.

When you finally accept you already have greatness in you, the truth will empower you to set your mind free from any excuses and justifications that are holding you back from your ultimate potential. Most millionaires are not born. They are self-made most of the time.

Before you started your business, or even started planning one, you were just a regular citizen, and likely a regular employee. You didnâ??t worry about business plans, hours, hiring services, profit and loss, or any of the business issues that business owners face every day. You probably paid a little attention to marketing and advertising because itâ??s all over the place, but you never had to worry about getting your name out there. Perhaps the state of the economy crossed your mind, but not for very long. Now, as an entrepreneur, knowing this information and paying attention to these details has become part of your everyday. Fortunately, there are ways to focus on developing a positive business mindset and ignoring the stresses of every day life.

Isnâ??t it a bad time to start a business, what with the economy being so slow?

It is never a bad time to start a business, given a few conditions. If your business idea is one that has a place in the location you choose (either physical or online), and if you are committed to succeeding and being in charge of your own financial situation, go ahead and start a business regardless of what the economy looks like. Unless your business will be directly affected by the slow economy, with getting loans or funding, for example, youâ??ll be fine. If you have the right business mindset and are willing to do whatever it takes to succeed, anytime is a good time to start your own business.

If you shelve that great idea because youâ??re thinking with your regular mind rather than your business mind, someone else will likely figure out that thereâ??s a need for the business you thought of first. Then, by the time that youâ??re brave enough to go ahead, itâ??s wasted because someone else did it first. Having a business mindset means having guts, usually a lot of guts. You need to be willing to take on the world and face the challenges of opening a business head on, without holding back. You need to make sacrifices for your business, to be passionate about its success, and to be 110% committed to seeing it grow and thrive.

Starting a business should be fun. It should be something you want to do, something youâ??re good at, and something youâ??re passionate about. You should never start a business if youâ??re not driven to succeed. If you only kind of think itâ??s a good idea, youâ??ll only have a kind of good business. After all, itâ??s true when they say you get what you give. Give it your all, and youâ??ll have success in the end. On the other hand, if you only give it a little of your effort, youâ??ll likely have an okay business, but not a great one. The most important thing about having a business mindset is thinking like a business owner and being positive about your business at all times, regardless of the economy or any other factors of external influence.

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The success of your business will depend largely on just one factor.

It’s not about how good your product or service is.

It’s not even about how good your marketing is.

The most important factor is having the right mindset for business success.

The problem is that many of us who set up businesses do so after successful careers as employees, managers or directors working for someone else.

But the reality is that you need to think and act differently as an entrepreneur or independent professional than you do to build a high-flying career in other organizations.

That’s why many people find it hard to repeat their success when they establish their own businesses.

So taking the right steps from the start can make success much easier and more comfortable.

It doesn’t mean that you have to change your personality and it’s not about whether you are a ‘born salesman’.

You just need to take a slightly different approach to how you think, work and communicate with others.

Here are 5 important steps:

1. Set a Clear Outcome

If you go on a journey, the first thing you need to know is where you are headed. Yet most businesses don’t have a clear idea of where they’re going, so it’s not surprising that so many fail.

When you don’t have clarity, you don’t have direction; it becomes hard to make decisions, and your results end up being average at best.

But when you’ve set clear objectives, it is much easier to make good decisions.

Taking some time to establish a distinct vision can be very profitable.

2. Take Action

While it’s important to aim high in setting your vision, it’s best to start with small steps. But most people don’t achieve what they want because they don’t ever get around to taking that important first step.

Many people fall victim to those profit thieves procrastination, where you put off things you need to do, and perfectionism, where you wait until it’s 100% right before taking action.

The problem is it will never be 100% right and nobody else will do it if you don’t take action.

3. Encourage and Respond to Feedback

Thomas Edison regarded every one of his thousands of ‘failed’ attempts to make the light bulb viable as being successful – because each one helped him move closer to his goal in some way.

It’s the same in business. Without taking that first step, you will never get the feedback you need in order to be successful.

4. Stay Focused on Your Goal

As you start moving towards your goal, things will happen that might tempt you to drift off course and keep you from achieving your objective.

Psychological studies suggest that your mind works on bringing into reality whatever you are focused on. That’s why it’s important to get clear about exactly what you are aiming for. But you need to stay focused on what you want, rather than worrying about what you don’t want.

5. Take Responsibility for Your Results

Whenever you set out to do something, you will always end up with either the result you wanted or an excuse for why you haven’t got it.

People who come up with reasons or excuses for something not happening usually see themselves as not having any control over the outcome. Successful people on the other hand accept responsibility for whatever situation they are in and seek to change it.

Whether you choose to be one of the people who gets results or one who has many excuses for not getting them, you will always get what you want.

Of course, the product also has to be right and the marketing needs to be effective. But, when you are seeking success as an entrepreneur, the right mindset gives you a great start.

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Operating a home based business requires discipline and more importantly a positive mindset. As we proceed, you will soon realize that mindset represents more than 90% of your success. Working at home can certainly give you freedom and flexibility to do what you choose, but it can become a lonely enterprise if you let negativity or rejections control your thoughts. Personally, I start my day with meditation and a long walk. Put yourself in a state of gratitude. Think about how fortunate you are to enjoy this time on your own, to take in the beauty of nature around you, stop and smell the roses. Notice the change of seasons or just appreciate the season you’re experiencing right now. Listen to the sounds of life around you, or appreciate the silence if you’re able to walk in the woods, lake or on a beach. Recognize the love you enjoy from family and friends. Think about how grateful you are to be in good health. In other words, clear your head and stay in the present. Focus on what your want – what you really want – and be that person NOW.

Success with a home based business starts with you and your MINDSET. In truth, it is the one constant of any successful business opportunity. To have success, mindset is confidence in yourself and your product. Mindset is positive and passion for what you’re doing. From my experience, most new entrepreneurs are too anxious to get started with income producing activities, which at first glance, seems like a good idea – but isn’t. To start your advertising campaigns or marketing or making telephone calls will tend to cause frustrations that will build on themselves and you will automatically allow the results to determine your actions. The voice you use on the telephone and the inflections and tonality will be reflective of your attitude. When you are coming from this place your advertising and marketing are going to mirror YOU. You will not attract the right prospects to invite success.

Simply put, our thoughts determine our feelings. Our feelings lead to our actions and our actions determine our results. Being in action means doing and doing does not mean thoughtless doing – it means doing it right. If you really believe in your thoughts, feelings, and actions, don’t let the initial results cause you to waver – give it time – believe in your actions and remember success is not 100%, or nothing. Reggie Jackson, while playing baseball for the Oakland A’s once said, “I only have to be right one-third of the time and I get paid a lot of money.” This means that if he got a hit once in three tries, he was successful. What does it take in your business? Can you earn tons of money if you make one sale for every ten people with whom you speak? By letting the outcome or the results of your first three calls of the day determine the rest of your day, it’s time to take that walk again. Believe in the actions you are taking and continue – with a positive mindset. You may even say thank you after receiving a “no” – this brings you closer to a “yes”.

Napolean Hill said, “What the mind of man can conceive and believe, it can achieve.” All great achievements and accomplishments, the mind conceives first. Star athletes visualize the process as well as the outcome. The next time you see Tiger Woods play golf notice that he looks at the hole and looks at where he is, and you can see him visualize the flight of the ball. He then addresses the ball and hits it. It doesn’t always go where he wants, but he is successful enough to be the best golfer in the world. Don’t go running off to the think tank just yet; merely thinking is not mindset. Conceiving is really achieving in your mind, and whatever you do, your success cannot surpass the limits you have put on your mind. Many people dream of becoming wealthy and don’t – why? Because the limits they have put on themselves will not allow it to happen – this is mindset.

Keep in mind it is simple to see what is wrong on this planet, in the world, or in your life. It takes some training, but start by seeing what you want for yourself and simply expect it to happen. Visualize vividly – this is mindset.

Everything in the universe is made up of energy. Your thoughts create the energy that ultimately lead to your results. Your positive thoughts will be sent out to the universe and be echoed back to you multi fold. By the way, your negative thoughts will also return to you many times over, so choose your thoughts wisely – practice and watch the changes in your actions and in your life.

Home based businesses are growing dramatically and are one of the fastest growing segments of the economy and in climates like the present, they continue flourish.

TheCorporateAlternative.com or email Tish@TheCorporateAlternative.com