Making Profits Is What Will Feed Your Family

There are many individuals who have survived economic upheavals in their countries. For example Zimbabwe, my home country went through a massive economic meltdown in 2007/2008 financial years. A lot of companies and individuals were totally ruined economically such that many corporate organizations shut down and some individuals never recovered.

Companies are still scaling down or shutting down today and individuals are losing their livelihoods through job losses. In harsh economic environments like these, is it possible for individuals to restore or improve their liquidity sustainably?

With some outside the box thinking and action, individuals have the capacity to create their own micro-economies through home businesses. The viability of these home businesses obviously depends on whether or not they are profitable.

Whatever field you set up a home business in or whatever model you follow in running the business, the most important factor to consider is whether your bottom line is net positive. If your business is not making net profits then eventually it is going to collapse. It is just a matter of time.

The tips that I am sharing with you on this post must be integrated into your home business. they will not only help your business to survive but to become profitable as well.

1. Know Why You Are In Business
Write down your reason why you are in business. What are your expectations from the business? There are two levels at which the reason why must be defined. Define your personal why and the why of the business itself. Go on to establish the degree to which the two expectations are mutually compatible.

Your plans and all the activities that take place in your business operations must feed into fulfilling your two WHYs. Review you plans regularly to check if you are still on track to accomplishing your reasons for being in business. Making Profits must be a major component of that plan for you the business owner and for the business entity.

2. Pride or Feeding the Family
In the initial stages of any business, there will not be visible profitability. However the difference between a business that will fold and a business that will survive to flourish beyond those initial years is based on the profit plan. Many business plans focus on a marketing plan that is centered on increasing sales and hoping that that will automatically lead to profit.

Reality check. High turnover does not necessarily translate to making profits until a detailed income expenditure analysis is done to determine whether the costing of a product or service is resulting in net profit. Increased sales feed your pride. It is only increased profits that feed your family.

3. Making Profits Creates Re-investment Capacity
A combination of positive cash flow and making profits will expand your business’s ability to grow through re-investment. A lack of profit results in weak cash flow. A weak cash flow translates to low working capital. If a business is to survive and expand, its capital base must be strong and that strength can only be obtained in two ways: profit or external investors/loans. In these stringent economic times, there is very little chance of accessing external funds. It is imperative to build your own life blood by having a solid profit plan.

4. Making Profits Give Options
The more options your business has, the more robust it become. Options or choices are freedom. A lack of profits in your business makes you dependent on others. A business that is generating profits allows for visionary planning and the development of a strong future direction.

A comprehensive profit plan must constitute part of your marketing plan if your business is to be viable and sustainable. Remember that surviving one economic melt-down is no guarantee that you will survive the next one. Create a Plan B as an individual. Starting a profitable home business is one sure way of doing that.

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ABOUT NOMUSA

Nomusa Mhlanga 315-copy-412x540-320x420-150x150Nomusa is a devoted mother of four sons. A professional water resources consultant with a Masters degree in Water Resources Engineering and Management, she has mastered the art of mindset shifting and integrating her conventional professional training with becoming a successful network marketing business owner.

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P.S. – If you already have a home business and you are looking to take it to the next level OR if you are looking for a new home business opportunity CLICK ON THIS LINK and get a free consultation call from me to propel you into success.

Blessings, Gratitude, Appreciating God, Family, Friends on 2015 Day 1

Gratitude Fruit Basket2I cannot list all the blessings I received in 2014, they are too numerous to count.

As I write this post, I am watching the daylight of Day 1 in 2015 melt out the darkness from the last night of 2014 through my window. My youngest son, who still sleeps with mom at 7, is lying on the sofa next to me because he does not like sleeping alone. He was sleeping alone because I had to sit up all night for two reasons:

Prayer, Curfew and Planning

(i) To wait up for two of his older brothers (17 and 19) who had gone for a New Years’ eve party (mom must intermittently send prayers of protection to heaven, make sure they keep to curfew time and come home sober) and

(ii) To put the final touches on my 2015 Success Blue Print (Thought I’d be done by the time the boys got home at 1:00am. Well….I continued for another four hours!!) That’s how important it was to finish that document. I believe I am getting better at this with each year that I do it.

Appreciation and Gratitude

The purpose of today’s post is to appreciate and express my gratitude to God for creating opportunities for me to meet with certain individuals who have unselfishly shared their knowledge and expertise with me directly and indirectly in the profession of network marketing and using the internet for business.

In my quest for knowledge and understanding, God placed these individuals in my path. Some I have met in person and have had the privilege to sit at their feet and hear their voices. Others I have not met personally but their written word and spoken words via their blog posts, audios and videos have become a familiar part of my life.

Some I listen to daily, others weekly or monthly and others occasionally. More than just being routine, the most exciting part for me has been applying what I learn and sharing the information with my business team as well as with those on my mailing lists and social media networks. I pray that my attempts to package the information based on my experiences has been and will be of use to the readers and followers of this blog.

Success Does Leave Clues

I cannot mention everyone here, but I would like to make particular mention of Ray Higdon and his wife Jessica, Matt Morris, Johnny Wimbrey, Eric Worre, Mary Ellen Tribby and Dani Johnson. I have listened to and read their online training for the last three or so years. They have so become a part of my life that my seven year old knows them by name and can identify their faces.

I have personally met Matt Morris and Johnny Wimbrey at live training events and I look forward to meeting two of those I have no yet met this year, with diligent planning, hard work and God’s blessings.

I appreciate these individuals whose teaching I have been following, and will continue to follow for me to grow into the business person that I am today and will become.

I raise my glass to them for their generosity and unselfishness to spend themselves for others. As the saying goes “success leaves clues” and blessed is the man or woman who recognizes the people who have or are what they aspire to be and is humble enough to learn from them.

Amazing Team Work!

I also toast the local leaders in my network marketing company who are based in Harare and Johannesburg. I thank them for leading by example. Actions do speak louder than words.

I raise my glass to the team that God blessed me with in my network marketing business. It is part of the beauty of our industry that by introducing a few of my friends to an amazing concept, I now have a family of several hundred, spread out in nine different countries. I look forward to the day I am going to meet each of you face to face.

Finally I appreciate my family: my four sons Jabulani, Bongani, Anele and Sibusiso (my once Little Blessings), my mom (a pillar of strength) and my brother Dingi and his wife Viola (my American ATMs when the need arose) and God Almighty (without whom I would not exist).

True Blessings Defined

For everyone, I pray for blessings in 2015. Blessings are not synonymous with a smooth, problem free life.

Blessings are going through life knowing that through the challenges, there is an all-knowing, all-powerful God who cares and  who will iron out what is beyond my strength and understanding.

Blessings are also knowing that through the challenges you have a cloud of friends and family who will surround you and support you and do all that they can to prop you up physically and in spirit.

Blessings are having the inner strength to keep going towards the mark that you desire for yourself and your loved ones without being intimidated by your circumstances or the opinions of others.

To you reading this article, may blessings pursue you and overtake you into 2015 (Deuteronomy 28: 1-14)

Tomorrow I will share with you the formula that I use to set my success blue print of the year ahead. Use it to plan for 2015. There is still time to plan and pray over your road map for this new year.

If you know anyone who will benefit from this post, share it with them and on your facebook and other social networking profiles.

If we are not already connected, let’s connect on FACEBOOK and on TWITTER too.

We love to hear your feedback, so comment below and help us improve our content

ABOUT NOMUSA

Nomusa Mhlanga 315-copy-412x540-320x420-150x150Nomusa is a devoted mother of four sons. A professional water resources consultant with a Masters degree in Water Resources Engineering and Management, she has mastered the art of mindset shifting and integrating her conventional professional training with becoming a successful network marketing business owner.

READ MORE FROM NOMUSA

Names List Building For Long Term Home Business Success

Make Friends

Make Friends

Building A Robust Names List

The article that I shared on the two types of names list to grow out of in order to run a successful home business seems to have aroused a lot of interest. Now here is information on how to build a robust names list that will ensure sustainable success for your home business.

Once you master how to do this right, you will never run out of prospects for your home business ever again.

Business professionals write down their list and it is an ever growing and living names list. To be able to have such a list, you must become a sociable individual who learns how to create opportunities to meet new people, collect their contact details and create ways to stay in touch with them.

When you run a home based business, especially one that uses network marketing as the marketing model, never forget that your success depends on your ability to build relationships with the people you intend to be your business partners. Before the product and the opportunity, people first buy into you.

Now this is how to build that robust names list that will ensure that you have an endless source of people to talk to about your business:

STEP 1 – Make A Comprehensive Names List

Do not be selective as to who you add to the list. As long their name pops into your head write them down.

The mistake to avoid as a word of mouth marketer is to judge whether or not people are potential prospects before adding them to the list. Just write down the names of everyone you know. They need not even know you; if you know them, just write their name down.

STEP 2 – Write Down Who They Know

As you empty your brains of the people that you know by writing them down on paper, you will realize that you create more room in it for new names to remember. Obviously the people that you have written down know other people and their names will start coming up too. Write them down. Keep your list with you at all times and keep adding names as they surface from your memory.

STEP 3 – Keep Your Names List Growing

Keep your names list growing by adding at least two people a day. Pay attention to what’s happening in the world. Increase your social circles by attending church, business forums, networking events, joining a gym, going to parties when invited etc., and when you get there talk to people and collect their contact details. NETWORK ON PURPOSE by putting yourself out there and developing the skills to talk engagingly with the people that you meet. Do not be a hermit. Deliberately go out to make friends.

STEP 4 – Do Not Pitch

As you interact with people, make new contacts and add them to your list, remember this golden rule, do not pitch them your product or business opportunity. Avoid the mistake of seeing dollar signs on people’s faces. Instead see people and be genuinely interested in them enough to know about them and create genuine friendships. Find creative ways of staying in touch with them and when the time is right, help them to understand what you have to offer through your business and/or opportunity.

That sounds simple hey? It is simple and it is also not easy to do.

By visiting this blog regularly and reading the content here, you will definitely get to learn how to meet more people and effectively engage them to build great relationships based on mutual trust. Do yourself a favor and subscribe to this blog so you do not miss a single article from now on.

If you found this post of value, share it on your facebook and other social networking profiles or email it to friends and family whom you know need access to this kind of information.

If we are not already connected, let’s connect on FACEBOOK and on TWITTER too.

Nomusa Mhlanga 315-copy-412x540-320x420-150x150I help busy working moms and dads succeed in network marketing by showing them how to have the right mindset for success and teaching them online and offline marketing skills to build residual incomes and retire when they want.

Is It Important For Your Spiritual Beliefs To Be Part of Your Business?

Is It Important For Your Spiritual Beliefs To Be Part of Your Business?

Image courtesy of www.socratezonline.com

Image courtesy of www.socratezonline.com

Spiritual beliefs are a matter of conscience for the person who holds them. What it means is that they infuse into every activity that one embarks on, including business.

When a business entity becomes openly associated with a specific set of spiritual beliefs, it could face the danger of alienating those who have contrary beliefs. So how does a business person whose spiritual beliefs are important to him strike a balance between practicing her faith and having a thriving business that attracts customers from all walks of life?

Caring Enough To Share

For my online business, facebook is a very important tool to connect with people and create new business. Those who follow my profile on facebook may have noticed that of late I have been posting links to a daily Christian devotional that I am reading. As the messages speak to me I have found a way to be able to share them with the people in my network and wherever possible show how the core principles in the readings apply to business and other important areas of life.

Some of my network marketing professional colleagues are telling me that I am treading on dangerous ground by openly declaring my faith and infusing it with my business interactions. I would like to look at it differently.

By sharing the nuggets that I glean during my spiritual fortification exercises of reading, prayer and meditation, I am contributing to the spiritual growth of someone else who needs it in order to have a healthy view of their business in relation to their religion.

We cannot deny that we become total human beings as we address our physical, emotional and spiritual needs. Ignoring any one of these three pillars of soundness and well being will make us ineffective in our relationships as well as in business.

There is Beauty in Diversity

To quote a legendary spiritual man who was from a different faith from mine but whose principles and values as a human being I look up to: “We must respect other religions, even as we respect our own. Mere tolerance is therefore not enough.”Mahatma Ghandi.

I believe that diverse as religions maybe, the quest for each one of them is to make us all better people in as far as how we live with each other, view each other and value each other as human beings. What brings controversy to religious diversity is the fact that we have people who cannot understand the beauty of diversity but view it as a source for conflict.

That is where the issue of mutual respect becomes essential. Much as religion is expressed in community, the ultimate expression of its effectiveness is with the individual. No matter how many religious posts I may add to my facebook profile, if my lifestyle and the way in which I relate to people does not reflect those principles and values that I am posting about, that makes me a hypocrite.

Believe And Be a Representative For Your Beliefs

One of the key elements of individuals realizing their value is if they believe in something strong enough to stand for it. That is what gives us purpose to wake up and live every day. Standing for what you believe in need not create negative controversy but should be done so well that it makes other people to stop and listen to what you are saying while at the same time not feel compelled to be carbon copies of you.

It is the core values of your belief that attract people. Once attracted they should be left alone to live those principles in a way that shows their individuality.

So yes; in conclusion to this article I say there is no way we can be total humans without expressing our spiritual beliefs in declaration and in practice.

My hope is that your character as a business person will be a reflection of what you profess to believe in. To put everything in its proper context, I leave you with a quote from yet another great thinker. For me this puts religion in its proper perspective, the quest to know God’s mind.

“I want to know God’s thoughts…the rest are details.” – Albert Einstein

If you enjoyed this post and found value in it, please leave a comment and share it with others on your social networks.
Nomusa Mhlanga 315-copy-412x540-320x420-150x150

 

 

 

Nomusa Mguni-Mhlanga
I help working moms and dads succeed in network marketing by showing them how to have the right mindset for success and teaching them online and offline marketing skills to build residual incomes and retire when they want.
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3 Ways How to Create a Team That Gels Like a Family

3 Ways How to Create a Team That Gels Like a Family

Image courtesy of www.familyfoundationsltd.wordpress.com

Image courtesy of www.familyfoundationsltd.wordpress.com

Once you sign up your first person into your network marketing company, you need to show them the kind of team culture that you would like your team to have. My advice is for the team culture to be one in which people feel like family. Functional family members usually have no hang ups about each other. They know and understand each other’s differences and will grow into each other despite them. Today I will share the three ways in which you can make your team feel like family to each other.

  1. Create an Organism, Not an Organization

Organisms are alive and vibrant. All the parts of an organism grow together and serve each other. None is more superior than the rest. Organizations love the emphasis of rank and file, while on the other hand organisms thrive on equity for the different parts. Create for your team an environment in which members move together, do things together and grow together. There is no need to move into a commune for that to happen. It is the nature of interactions that you as the team leader encourages that will create the environment.

  1. Eliminate Egos

Be careful about the way recognition for achievement is done within the team. Much as recognition is important to keep the team motivated, it should be done in a manner that does not demean those who are still coming up and are yet to score significant results. Even those who have not yet hit milestones have something to be commended about them. Recognize them for that skill or trait while they are growing businesswise. Organize team activities to do together such as family outings, movie nights etc that promote camaraderie. Celebrate, or at least recognize each other’s birthdays and noteworthy anniversaries. When going to company events, coordinate together and do not be in isolation. Assign the team members who love to organize events to coordinate group transport and a common htel where the team will stay. They will blossom in the team as a result.

  1. Put The Team First

As a team leader create an atmosphere in which the team, not you comes first. Inspire your team and keep each other connected by creating group chat forums where new members are welcomed, successes are celebrated and inspirational quotes are shared. Facebook is a good tool for doing that. Create a team page on which such activities can take place. whatsappWhatsap is another great way of allowing the emerging leaders in your team to create their own platforms with which to pass on the team culture and add their own flavour to it. I recommend whattsap for that because of the 50 people/group limit. Once a group fills up, by then emerging leaders will be evident and they can be set free to take their team members with them to create new groups. The whole team can then continue to interact on the facebook group.

In Conclusion: Lock arms with your team by creating a support system that every new member plugs into as soon as they join the team. Have fun together. Instead of feeling threatened when new members become confident enough to form their own support groups, celebrate because that means the income you earn from that stream in your team no longer depends on you. That is true duplication and passive residual income for your business.