In his audio e-book, 10 Habits to Swell Your
Bank Account, Mike Green cites "discipline" as one
of the 10 bank-account-swelling habits. I once received
an email from an online marketing friend, which stated
something to the effect of "how hard do we work? If
people think earning money online is easy their crazy.
Don't burn to much midnight oil."
Self-discipline is a crucial factor in developing
business success. Whether you are online or offline you'll
need to develop some level of self-discipline. As I was
reading Mr. Green's e-book I began to think about the
factors or "disciplines" that make up business self-discipline.
I think the first discipline is developing an
understand that you're home business, your entrepreneurial
project, your online part-time business is a job. It's
one more form of employment but you're working for
yourself, your family, your partners, or other shareholders.
Those of use who work 8-5 or are employed by others
get up every morning, go to work, do our job, and receive
our paycheck. You need to view your self-employment
in the same manner. There will be no profit without regular,
sometimes monotonous effort.
The second discipline, I believe, is consistency.
Have a time for everything and everything done in it's time.
Set a time to perform administrative tasks such as maintain
the books; set a time to engage in management tasks such
as meeting or being with employees and do it. Set times to
develop goals and budgets and do it. Be consistent in your
projects, endeavors, and campaigns. If you decide on a
given marketing campaign be assured one of the factors that
will determine the success of the campaign will be your
willingness to be consistent in your marketing. Consistency
develops brand awareness, product/service recognition, and
credibility.
Consistency also means answering every business
inquiry, every phone call, every email, every fax, every phone message
in a timely and customer friendly manner. This builds
trustworthiness and credibility which over the long term
will serve you very well.
For those who work from their homes, consistency
tends to be difficult thus it's important to develop a work
area and a work schedule that integrates with your family,
friends, and other engagements. You then need to hold
the line and be consistent with that schedule and area.
For example, I check my email in the early evening and
I make sure to inform my kids that I'll be with them when
I'm done and not before. I also work on my website in
the late evening hours and my wife know that rarely
should I be interrupted. I also keep a fairly consistent
schedule concerning how often and when I write articles;
how often and when I visit online forums; and when I
read articles and research pertaining to my online business.
Which brings me to the third discipline. I believe
the third discipline making up self-discipline is ongoing learning.
Whether you're in business online, offline or both you
should be making a disciplined effort to stay abreast of
your chosen field of business. You should be reading
articles, reading research, engaging in discussion with
professional colleagues, and in generally always attempting
to grow your knowledge base.
For my business, "Consumer Thinking.com" I read
at least one academic journal article per week; I read at least
one online business/marketing article per day and I read at
least one ebook per week. This is in addition to the three
hardcopy books I have going.
This practice provide me with several benefits.
1) I always have material for writing fresh articles;
2) I always have fresh information to use when I'm visiting online forums;
3) I always have fresh material for developing new
information products; and
4) I am assured of quality, relevant content for my
monthly ezine.
By always expanding your knowledge base and increasing
your learning it helps you develop credibility and legitimacy
in your chosen field, profession, or business.
The fourth and final discipline that I've
identified is the discipline of sacrifice. Every successful
entrepreneur and self-employed business person I know
and know of have engaged in the discipline of sacrifice.
They've given up entertainment for extra marketing; they've
sacrificed sleep for quiet hours to be creative and
productive; they've sacrificed leisure time for learning.
If you plan on being successful in business you'll need to
give up a few hours in front of the television or fewer
nights out at the bars and clubs. If your focus, vision,
and business are worthwhile the sacrifice will be worth it.
There is no avoiding self-discipline if you plan
on being successfully self-employed. You'll need to
sacrifice, be consistent, keep learning, and view your
self-employment as a real job. Combining discipline
with patience, focus, and passion tends to lead to success.
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Darrin F. Coe holds a masters degree in professional psychology
specializing in consumer thinking. He publishes "The Darrin Coe
Ezine" monthly with archives at
http://www.consumer-thinking.com/dcezine.html.
Visit and consider subscribing.
You can contact him at darrinfcoe@consumer-thinking.com.
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