1. Lack of Knowledge/Experience: Just like with everything in life the more knowledge and experience you have at something the better you will be. Think back when you started to drive a car for the first time. You were nervous and all over the place. Nowadays you don’t even think about it, it just comes naturally to you. It’s going to be the same way when you start your own home based business. The key is to learn as fast as you can by reading and studying everything you can about your business.
2. Self Belief/Mindset: When you have your own business you must believe in yourself. You must wake up every day in the right mindset telling yourself you will be successful. This is very hard in the beginning when you are struggling and trying to get your business up and running. The key is to stay positive and don’t focus on the negative aspects.
3. Sign Up Under A Friend/Family Member: So you got hooked in by someone you know. They told you that they had this great business opportunity and you were going to make all this money with them. So you joined their team and now realize they are just as new to this as you are. They can’t help you build your business and you find yourself stuck with no help. Try to avoid joining under people who are brand new. Try finding someone who can help you out personally when you have questions. Do your research and find a great mentor, not your best friend.
4. No Plan/Goals In Place: You must have a business plan when you start your home based business. If you start a business and treat it like a hobby you will make little or no money. You must have a set plan to follow and layout your goals for your business. Many people just sign up with a company and start running, going all over the place not knowing where to go. Once you get started in a company, take the time and layout your plan. Once you have your plan and goals in place you will have something to work towards.