So as we mentioned in the last article cash flow is critical to your success while building your home based business. The thing is sometimes the thing you think is going to just generate “cash flow” turns out to be something much bigger.
This brings me to the topic of discussion I want to have today and that is about one of the greatest skills the entrepreneur possesses and that is the ability to think quick, move on your feet and make things happen. The most vital skill of the entrepreneur is to be able to think on their feet and turn on a dime when necessary. Sometimes opportunities come up at the worst moment, or so it seems, but as it will often turn out this was the thing that became the Cornerstone of your success. I have recently come right up against this and it has caused me to have to move quickly, be creative and make some personal sacrifices and take more than a few chances but the payoff will be huge. My partner and I have already made way more than we invested.
Go Big or Go Home – Home Based Business
As you are all aware my main goal is to build my online presence and generate residual income by building a team of like minded people and a strong subscriber base that would all push towards the same goal at the same time. This remains my main focus but for a minute I have to move in another direction to, in the longer term, facilitate the growth of my long term projects.
So the other day I was talking about the importance of being able to generate cash flow to build your business without taking so much time to do it that you have no time left to build your actual business. Some would call it luck that I have found a simple solution to this challenge. I do not call it luck. A specific series of events occurred but they only occurred because I allowed myself the chance to make the connections necessary for this “lucky” thing to happen.
To recap, in my last post, I was talking about this idea that a good friend of mine gave me to make some cash to develop my business. He told me it would not take a ton of time and he was right. He also told me that it would replace the income I was making with half the work and he was right about that too. To tell you the truth he way understated the income potential of what he showed me. Honestly though this is not the point of this post. If you want to read that post you can find it Here
Having The Entrepreneurial Mindset
So this great opportunity comes up but I literally have to put the brakes on everything else to get it all organized set up so it can grow and grow it will. This thing that was just going to generate some quick cash flow made me a few thousand dollars already and I am only three weeks into it. I think that kind of result deserves some extra attention for a minute while I build it and then I can refocus back on the longer term projects.
The beauty of this is that these longer term projects are exactly that…longer term! I love MCA (Motor Club of America) and Get Weekly Paychecks and I will continue to grow these businesses on a consistent basis. In addition there are also a couple of other opportunities we recently have started to get involved with that I will be posting on our Biz Ops Page. None of that changes the fact that at this exact moment in time to reap the full benefit of this opportunity full energy will be required for a couple of months.
The beauty of it is that full attention in this instance means somewhere in the neighborhood of 25-30 hours a week. That leaves me a significant portion of time left to devote to my longer term goals. The thing is though is that you have to be quick on your feet.
You have got to be able to recognize the opportunity when it arises and when it does you must take action…even if you can not afford too. You must because that is what the entrepreneur does. Essentially if you are an entrepreneur then you know no other way to be.
To your continued success…