Thursday, September 22nd, 2011

Mortgage Grapevine: Stop Being Influenced by Other Mortgage and Start Trusting Yourself

sittingestablishingentrepreneur

A few years ago I was sitting in my office at the hotel in which I worked wondering why it was 11:00 p.m. and I was still at work and not at home with my family. It was winter in Massachusetts – cold, dark and dreary. The Night Manager arrived about 11:30 p.m. and I drove home on desolate streets and crawled into bed exhausted. I had missed saying goodnight to my young daughter and my husband was peacefully snoring. I realized the best part of my life was happening without me being present – my family. The next day, I gave my boss four weeks notice and quit. I had no idea what I was going to do, but I knew I was done making business decisions for someone else and making other people (mainly my superiors) successful. Luckily, an opportunity landed in my lap that I couldn’t pass up and I took the leap into entrepreneurship. I bought an in-home tutoring franchise. I cleared a spot in my hallway, set up a makeshift office and dove into the unknown. I was successful and owned my franchise for three years before I sold it. I gained wonderful experience but disliked being associated with a franchise and paying monthly royalty fees. My family moved to California, I had another child and founded my own tutoring company.

Four years later, after establishing myself in my community and being very successful, I decided to mentor others who wanted to take the plunge and own their own company. I wrote a book, packaged it with a website, customized accounting software and marketing materials, found myself a wonderful publicist and began selling my business packages via the internet. After only five months, I have surpassed my forecast of how many packages I would sell. I have been featured in a major women’s magazine and have five more articles lined up with other publications between now and April. Several years ago, I never thought I would be working from home, making excellent money and mentoring others on how to begin a home-based business. The transition for me was easy, but it was a difficult decision. I gave up my medical benefits and the security of a full-time job and a regular paycheck. I gained financial independence and the ability to work from home and apply my twenty plus years in Corporate America to establishing two companies. When others call me about buying one of my business packages, these are the questions I tell them to ask themselves:

Deciding to buy a house now is not a very easy thing to do. After all, the home buying process itself is definitely not a very simple procedure but a complex one. This means that deciding to buy a house should be backed up by your knowledge about when is the right time to get the best possible deal. Primarily, you should have already figured out for yourself that you have all the necessary qualifications of a home buyer, or perhaps a future home owner. It is very important to consider the future before you buy a house because being a home owner is a long term commitment, which involves consistently paying for the mortgage grapevine, building equity and keeping your house well maintained, which also includes some regular refurbishing and repairs.

Being an entrepreneur has some terrific benefits, but not everyone is well-suited for this type of lifestyle. Sometimes it gets lonely working solo. There is no office gossip or grapevine to share stories about your co-workers. (In the beginning there are no co-workers) There are days when the phone doesn’t ring. That sale you thought was a sure thing falls through. Clients or customers can be difficult and you are the customer service department, complaint department, accounting department and more. Sometimes it’s terrifying to think about what would happen if you failed. On the other hand, when you land a big client or make a big sale, it is euphoric and extremely fulfilling.

I have experienced some very tough days and weeks when I questioned my decision to strike out on my own. However, I have never regretted my decision. I could not report to anyone again. When I feel discouraged, I go and sit in the lobby of a hotel and watch the managers running around like I did. I go on the weekend when I know I don’t have to work, but they do. A great feeling of satisfaction settles over me, even if I’ve had a bad week. To me, nothing could be worse than having my time scheduled by someone else. When I am consulting with a prospective buyer of one of my packages, I ask them the ten questions noted above. It is vital for an individual to do some real soul-searching before making a commitment to be an entrepreneur.

Learn more about Obama Mortgage Relief Plan Qualifications.

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