Is the Economy Affecting your Home Business?

Since 2008, I have witnessed so many of my friends and family struggle financially during these hard economic times.  It has become a very familiar thing to hear the news that one of them lost their job, their hours were cut back, their house is in foreclosure, etc. You know the deal, everyone is talking about it.  Turn on CNN, look at the front page of the newspaper, scroll through the news feed on Facebook and you’ll see people talking about it daily.  It is the main subject on all of our minds these days.  Each time I hear or see news like this, it just breaks my heart.  I never like to see anyone struggle.   And it’s not only affecting people financially, but emotionally as well.  Money is not everything, just like they say, but it sure does make things easier. 

Over the past couple years, each time I would hear this news I would feel so incredibly grateful that I was able to maintain my financial responsibilities with ease, especially as a single mom.  I would be thankful everyday that I started my home business in 2006 and built it up to a very nice, more than full time income before this recession hit.  And as 2008 and 2009 passed, I was blessed to have continued growing within my business.  Then 2010 came along and for the first time, I personally felt the brunt of this recession.  For the first time in four years, I had to put forth the effort of a newbie to reach my goals.  For the first time, I plateaued.  I have to admit, it was very humbling and borderline discouraging at first.  But I truly believe that I got too comfortable and this was the push that I needed to continue growing and to make myself a better leader and home business owner.  So instead of running for the hills and jumping into another home based business or running out and getting a job, I embraced the obstacle.  I decided that I was more than capable of overcoming this challenge and it was time to go back to basics. If I did it once, I could do it again, right?  What was it in 2006 that made me reach my first and second management levels in five months?  What was it in 2007 that made me help many of my team members do the same?  What was it in 2008, that helped me fire my boss, come home full time to my kids and reach over 50k in lifetime residual income?  What was it all those years that helped me earn five Top Producers trips?  What was “it”?  “It” was that burning desire to do whatever it took to GET IT DONE!  “It” was getting up early and staying up late! “It” was always having faith and believing in the system that my amazing company and leaders had in place. “It” was believing that my kids deserved to have mommy home.  “It” was believing that I deserved success.  “It” was believing in myself! 

Your success will be determined by your attitude and what you choose to focus on.  If you focus on the negative, that’s exactly what you will get.  If you focus on the positive, you will get the positive. Shift your focus from being down on your business and counting the negative to the reasons to be grateful for having your home business.  Shift your focus from what is not working to what WILL work.  It’s all about mindset and what you believe.  Here are just a few things that come to mind that you have to be grateful for in having a home based business:

  • You already know it.  Even if you haven’t reached your full goals yet, you have already built a foundation and you don’t want to throw that away.  If you think it’s challenging growing your current business this year, imagine starting a brand new one and starting from scratch knowing nothing.  THAT would be a challenge!
  • YOU have control of your income!  If you want bigger checks, make it happen!  Get to work!
  • You CANNOT be fired, laid off or dismissed.  YOU are your boss!
  • You are building something for YOU!  You deserve not to struggle. You deserve to have something of worth.  You deserve greatness!
  • You are home with your family!  There is no greater gift than to be able to spend time with your family.  Nothing of monetary value can compare….nothing!

I could go on and on.  Once you’re focused on what to be grateful for, get into action!  Here are some things to do to start growing again:

  • Focus on what you know – Instead of going into complete panic that your business has slowed down and going on a manhunt for the greener grass, go back to basics and find that “It” that you had in the beginning.  You know what you need to do to be successful, go do it!
  • Double your efforts – If you’re getting half the results today than you were getting before, double your efforts and even it out!  Work harder, work longer, don’t be afraid of hard work!  It builds character and will make you appreciate what you have accomplished even more.
  • If what you’re doing for lead generation right now isn’t working, do something else!  If you keep doing what you’re doing, you’ll keep getting the same results…period!
  • Choose not to let anything or anyone on the outside influence you in a negative way or pull you from your business.
  • Keep perspective – It could ALWAYS be worse.  The oldest saying in the book, right?  Well it’s true.  I lost my 28 year old sister to cancer in 2009.  That tragic loss has changed my perspective on everything in life.  What she would give to be here today struggling in this economy….  Be grateful you’re here to have problems.

The new year is quickly approaching!  Prepare yourself now to shake off any negative from 2010 and make 2011 your BEST year yet!!!!  You cannot do anything about yesterday but you can certainly do something about tomorrow.  This country needs a shift, be a part of the shift in the right direction!  Focus on the famous quote “If it is to be, it is up to me” and get your GAME ON!!!!

2 thoughts on “Is the Economy Affecting your Home Business?

  1. Phenomenal Kristie as usual. So many times the excuse is used… “Well, the economy”. NO MORE can that excuse be used. You are living PROOF that continued dedication and hard work you can overcome anything.

    2011 is around the corner and its going to be a GREAT year for all of who claim it to be and I am claiming it!

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