Friday, October 14, 2011

Statistically Speaking…….

Have you ever wondered what percentage of people who start home businesses succeed and what percentage fail?

Have you ever thought about starting your own business and wondered what your odds of success would be?

Recently when I was on Facebook I saw an advert that stated a statistic: “Over 75% of businesses fail. The difference between success and failure is tiny. Don’t become a statistic”



Well, I’m here to dispel that myth for you. Statistics like this mean nothing!

Think about it for a minute: If statistics were true indicators of your individual chance of success, then no-one would ever get started in their own home business, or anything for that matter. World records would not be broken and we would never have gone to the moon? Why? Because no-one had ever done it before….so by statistics….the chance would be unlikely, so why even try?

Do you see where I’m going with this?

It is true that many people who start a home business do fail. Many people do not succeed because they simply fail to do what it takes. They don’t place that ad, they don’t call their leads, or they simply look for any excuse to blame someone else and not take the responsibility themselves (…if only my enroller helped me more I would have succeeded!)

When you look at the real reasons why people fail, then statistics are not at all reliable for judging YOUR ability to succeed. A good use of statistics would be trying to figure out, say, how many people in Australia were born with blue eyes. You can’t change your eye colour (except through wearing colour lenses of course) so these statistic can be relied upon. But the moment that you have the power to influence your results, then statistics go out of the window.

Asking what your chance of success would be….is really just like asking how long is a piece of string?

I’m going to let you in on a little secret here: Your success is wholly and solely dependant on YOU! Start wherever you stand, with whatever tools you have at hand and better tools will present themselves as you go along. Set big long-term goals, smaller short-time goals and do a little every day to strive towards achieving them. Work towards being the best you can be at what you do. Take responsibility for your business, and your actions. Be Consistent, Persistent and willing to do whatever it takes….and then you will absolutely, and without a doubt, succeed. It’s not easy, it will take some effort on your part….but it really is as simple as that!

So…how long is a piece of string?



It’s as long as you want it to be!