I started my first work at home business about 4 years ago. I joined an MLM. I did pretty well for the first 2.5 years. I was making on average between $2500.00 -$45000.00per month part-time. My business was growing. But then the bottom fell out and my business went under.

I tried a number of things in between and still was not getting anywhere.

I started a real estate investment business and that is coming along, but with the subprime problems, I have put that business on hold and the goal is to start back up come next year. Plus, I was getting kind of overwhelmed with owning 6 properties, one of which is a triplex.

Next, I discovered this business and I am totally in love with it. Only 3 months and things are starting to happen; my business is actually starting to grow. But, I don't think it is so much the type of business as it is me. I have noticed that I have changed; substantially. I am no longer fearful of getting on the phone and talking to people. I am also much better at handling problems and recovering from bad situations in my business.

For example, in my real estate business, one of my tenants bailed on me. He and his son abandoned the home without paying their rent. Luckily they left the home in good shape. I was able to clean the home up and have the home rented within two weeks. Thus, I lost only a months rent.

What I did was place an ad in a small newspaper, one that is popular in my area. I also put out some flyers and placed my flyers on bulletin boards around the city and on cars in the parking lots. Next thing I knew, I had tons of phone calls and the next thing I knew, the home was rented. If I hadn't gone through my other businesses and failed, I don't think I would have been able to handle having my home abandoned. I would have panicked and wouldn't know what to do.

Thus, what I am trying to convey to you, especially those who are just starting a new business that if you fail, which I hope you don't, but if you do, don't give up. Get up, dust yourself off and make plans to start a new business venture. The key is to learn from you failures. Failing is a good teacher. No one enjoys failing, but it is a fact of life; especially if you are interested in having a business.

Remember Thomas Edison? He was asked to leave school because teachers complained that he was scatterbrained. Later in life, he was criticized for failing over one thousand times before inventing the electirc light bulb. He founded General Electric, one of the most powerful companies in the world. Originally known as Edison General Electric, one of the original members of the Dow Jones Industrial Average. Out of the twelve originals, only GE has survived. Not bad for a scatterbrain, huh?

If you make mistakes and fail, it is not the end of the world. Learn from your failures and move on. The more times you make mistakes and fail, if you learn and move on, the more skillful a business person you will become.

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Yours in Success,
Lawren
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