in Network Marketing - By: Brian Germain When one is getting ready to leave the corporate world and enter the world of Work at Home Network Marketing, there are many things to consider and prepare for to make that transition smoothly. Any time one makes a major life change, and making the decision to go from the security of a weekly paycheck to self-reliance certainly is, it is important to have a solid plan to execute and to make yourself aware of all the details and changes about to come. Doing this will help reduce or eliminate the stress often associated with this kind of life change. Get your Financial House in order: Take stock in your current financial situation. Take a look at how much debt are you carrying. You may want to consider paying off debt or consolidating several debts at a lower rate. How much do you have in savings? Determine how much savings you want to have on hand in the start-up phase of your business in order to feel comfortable. A rule of thumb is to have a year’s worth of expenses on hand. Creating a budget for yourself is useful as a guide to follow. It may be necessary to tighten your belt a little bit. Create a Business Plan: Understanding your business and writing a plan is an important component of making a smooth transition to working at home. Prepare yourself with as much training and information as you can get on the business you are getting into. Align yourself with other leaders and find out what they are doing to be successful. Having a mentor is a great way to start out your endeavor. Create your goals and understand what you want to accomplish. Be specific. Knowing where you are now and where you intend on going is an important part of your plan, as well as your actual success. Decide on a marketing plan. Will you advertise in newspapers, on the Internet, or magazines? Decide on an advertising budget. There is a lot of information available on writing business plans in books and on the Internet. Leaving your present Job: Once you've decided to leave, what's the best way to handle it? The golden rule of leaving is not to burn any bridges. It’s important to maintain your professionalism every step of the way, no matter how anxious you are to move on. This starts with how you break the news. The aim is not to spring any surprises but to soften the blow. You can do this by asking for a meeting at the earliest opportunity to “discuss some career choices you have made”. Such a remark usually only means one thing and your boss will appreciate the advance warning. Study the employee handbook and your benefits literature. That way, you'll know exactly what you are entitled to be paid after resigning -- unused vacation time, etc. You will have to make decisions about health insurance. Companies are required to offer continuation coverage to you at a cost. This is called COBRA benefits. You have 60 days to decide whether to pay for this coverage. It would be wise to look into all your options ahead of time. Keep in touch with your business contacts and mentors, not just your friends. You never know when you might need them. Create a DMO (Daily Method of Operation): Your DMO is the activity part of actually building the business. To be successful in your new business, you must operate with focus and intention. Develop a DMO. You are most likely coming from a job with a start time, a lunch hour, and a quitting time. When working for yourself from home set up a similar schedule. Plan when you will be prospecting, training, having lunch, spending time with family, etc. Take personal responsibility for your business and your success. Being consistent each day will create success. Good Luck at your New Venture: When making the change from the security of a steady job to working from home, preparation is the key to your success. Know what you are getting into. Have clear goals and be focused. Following a well-designed plan with consistence and persistence will lead to success. Still Looking For the Right Business? Fill out the form below, and I will provide you with additional information about the opportunity that is truly shaping my life and allowing me the freedom to live out my dreams without all of the headaches and costs of traditional business. About The Author: Brian Germain is founder and CEO of BMK Lifestyle Group. He is a co-author of the The Wealth Theory. He is a home business entrepreneur who loves to share his successful ideas and assist others in reaching their goals To find out more about his business ideas and opportunities,visit: www.IJustQuitMyJob.com |
| Preparing to Leave the Corporate World to Work at Home in Network Marketing |
| Article |
 |  |  |  |  |