Home Base Business - The Psychology of a Home Base Business
It's evident, Anyone that gets into a business in general comes equipped with this infectious intention to: # 1 Secure their future and their families future financially, And number: # 2 topple there competition.
But in retrospect many for many it doesn't ordinarily turn out that way.
Many of us fail in the beginning and for that reason we quit and never try to get back into business.
Well today I'm here to talk about some of the reasons why most home base businesses fail, you see when you're commencing your project you have to understand that you are entering a battle field where your enemies "Competition" have the advantage.
If you do not have any thing that has your business standing out in front of your competition, then your business will be enveloped and over shadowed by the competition.
Another reason why your business may fail, has to to do with the name of your business.
Many entrepreneurs choose names that doesn't stand out in there customers head.
Of course they'll pick it some thing that reflects there business, but it doesn't stand out to the point where people are thinking your business and business only.
You have to come up with a name that's catchy and that is related to your business.
Once you understand the psychology of people in your era then picking the right name for your business should be simple, but can lead to your demise if you don't strategically analyze what's going on your market.
One good example of a good business name would have to be a brand name that's very powerful and know to people around to people around the world.
They say theses names are one of the best brand names in the world.
It's catchy and catches people attention.
Example: Have you ever been in a conversation with someone and wasn't paying attention? and when you ask that person what did I just just say, and he verbatimly states the last few words you said.
Well that was a part of the brain called the phonological lube at work.
The phonological lube is something that act like an acoustic hall way in your head, have you ever been in a huge building an you said you some thing and heard echos? well that's how it is in your head.
Now when you pick a catchy name or something that reflects itself such as something that reflects itself", And see how well you can put it in a tune? well that's exactly what you want with your business name.
You want your businesses name to ring bells to your customers, when you're advertising your business, you want people to to see your brand business name so much that won't be able to live with out it.
When in business you must understand your customers, you must know exactly how they feel and know what they want.
Many home businesses don't do that, they have no clue of what there customers want or there needs and they don't have anything that's going to attract customers to there products.
This leads to depression and then to the extinction of your business, which leads to more depression.
As newbie business starting in this industry you must understand that it take action and always take advice from your peers and from people that are going to be potential customers.
Last but not least don't give up, the name of the game is endurance, "One who can endure the most, conquers all" And that quote my fellow entrepreneurs raps it all up in a nut shell.
You have to be able to endure before you can strike rich, in essence success is testing you to see how far would you go.
So trust me in the beginning it may be rough, but it's making you a better person and giving you experience so that you pass down to future entrepreneurs.
Thanks fo reading
But in retrospect many for many it doesn't ordinarily turn out that way.
Many of us fail in the beginning and for that reason we quit and never try to get back into business.
Well today I'm here to talk about some of the reasons why most home base businesses fail, you see when you're commencing your project you have to understand that you are entering a battle field where your enemies "Competition" have the advantage.
If you do not have any thing that has your business standing out in front of your competition, then your business will be enveloped and over shadowed by the competition.
Another reason why your business may fail, has to to do with the name of your business.
Many entrepreneurs choose names that doesn't stand out in there customers head.
Of course they'll pick it some thing that reflects there business, but it doesn't stand out to the point where people are thinking your business and business only.
You have to come up with a name that's catchy and that is related to your business.
Once you understand the psychology of people in your era then picking the right name for your business should be simple, but can lead to your demise if you don't strategically analyze what's going on your market.
One good example of a good business name would have to be a brand name that's very powerful and know to people around to people around the world.
They say theses names are one of the best brand names in the world.
It's catchy and catches people attention.
Example: Have you ever been in a conversation with someone and wasn't paying attention? and when you ask that person what did I just just say, and he verbatimly states the last few words you said.
Well that was a part of the brain called the phonological lube at work.
The phonological lube is something that act like an acoustic hall way in your head, have you ever been in a huge building an you said you some thing and heard echos? well that's how it is in your head.
Now when you pick a catchy name or something that reflects itself such as something that reflects itself", And see how well you can put it in a tune? well that's exactly what you want with your business name.
You want your businesses name to ring bells to your customers, when you're advertising your business, you want people to to see your brand business name so much that won't be able to live with out it.
When in business you must understand your customers, you must know exactly how they feel and know what they want.
Many home businesses don't do that, they have no clue of what there customers want or there needs and they don't have anything that's going to attract customers to there products.
This leads to depression and then to the extinction of your business, which leads to more depression.
As newbie business starting in this industry you must understand that it take action and always take advice from your peers and from people that are going to be potential customers.
Last but not least don't give up, the name of the game is endurance, "One who can endure the most, conquers all" And that quote my fellow entrepreneurs raps it all up in a nut shell.
You have to be able to endure before you can strike rich, in essence success is testing you to see how far would you go.
So trust me in the beginning it may be rough, but it's making you a better person and giving you experience so that you pass down to future entrepreneurs.
Thanks fo reading