Home Business Self Help?

Home business self help is widely catered for from motivational books and CD's to seminars and courses.

But just how useful is it?

If it where as simple as modelling the patterns of the successful as is indicated from the home business self help genre from Napoleon Hill to Anthony Robbins then surely we would see far more success.

These authors undoubtedly offer valuable information and there is a definite advantage to reading what they have to say. However from my experience it seems that they have missed a crucial element by only analysing the successful.

They determined that it was common motivations and methods that were the cause of the success and as such these should be able to be modelled by others to get the same results.

What happens if it wasn’t these at all...

...but rather it was the common qualities that they all happened to possess that is the cause?

Don’t forget the above are authors… they need to sell books.

Publishers only print what they know people buy, books that seem to offer the path to riches and self-development or at the very least to give hope.

They don’t buy books that sound depressing!

The reality is what we were born with has a huge effect on our ability to become wealthy, firstly in our internal ability, and secondly from what we were exposed to in our formative years.

In investments there is always the warning…

‘Prior performance is no indication of future performance’

…whilst that may hold true in investments, it is the opposite with people. Richard Branson's headmaster predicted he would be a millionaire when he was still at school.

Prior performance is a good indicator of future performance. This fact, to much general annoyance is used by banks, loan and mortgage companies, credit reference agencies, bosses and venture capital groups.

They know their money is safer with a certain definable group of individuals

One of the major differences between us all is what we do with each minute of our time… we all have the same 24 hours in a day.

Obviously if you are stock trading or ploughing a field there is going to be a difference… but what about if two people are both undertaking the same home business with the same tools and funding?

Then it’s what they do with each minute of the day that determines their differing financial levels.

Tiny differences in spending whilst nothing on their own, when compounded and cumulated over time can create empty or full bank accounts.

This has led in part to where each of us is today, there may have been major catastrophic or brilliant decisions but these little subtle changes are a major part of what takes each of us to different levels.

In the same way tiny differences in how someone runs any business system will cumulate and compound over time and play a major part in success or failure... for different people with exactly the same opportunity and resources.

Both these major and minor decisions are influenced greatly by one vital factor. This is looked at in the Entrepreneur section.

It is because of this factor that nobody but you can judge the best system for you, as you know yourself better than anybody else. In my experience this far outweighs any home business self help such as goal setting or positive thinking etc.

I recommend ignoring the usual home business self help guides and concentrating firstly on the characteristics of entrepreneurs.

This is the underpinning that is invariably missed.