THE SECRET TO THE DISAPPEARING DOORS PROBLEM
The disappearing doors problem is when you think opportunities you never knew existed will disappear. This post gives some advice on how to manage your opportunities.
A WORK AT HOME INTERNET JOB AND THE DISAPPEARING DOORS SITUATION
Home Internet businesses come in many types. This can create a problem which was identified by the French philosopher Eric Frohm in 1941. He wrote a book called Escape From Freedom, which I thought seemed a strange title. Why would anyone want to escape from freedom?
However as I have gained experience I can see what Frohm saw all those years ago. The situation we have arrived at in our modern day societies is one of too many opportunities as opposed to too few. We are constantly told of the things we can and should do before we die:
- 100 places to visit before we die
- 100 historical sites to visit
- The next must see film
- The next must visit restaurant
I am saying these choices are neither inherently good nor bad. Yet we do behave in a completely irrational way when sorting through these choices. This is the disappearing doors scenario. We believe if we choose one choice (door) over another then the other will disappear. So we spread ourselves too thin and try to keep every door open. The end result is we lack focus in all areas of our lives and wonder why we never fully succeed in any one area.
INTERNET HOME BUSINESS IDEAS AND THE REALITY OF THE DOORS
Running home Internet businesses means the reality is many options remain open and can be pursued when you have the financial freedom to do so. In order to succeed you have to first limit your choices. Then make the choices that will move you to your goal.
You can look at it like the current aim of NASA to have people on Mars. Their first goal is the Space Station, then inhabitable modules on the Moon and lastly going from the moon to Mars. Each goal achieved changes their options and their ability to take advantage of them.
If your business becomes successful to the point where it becomes your full time occupation then that allows you to take advantage of more options. Achieving that goal you probably sacrificed many of the options you now have available which proved they never really disappeared when you thought they had.
It is only our perception that some options disappear. However some doors really do disappear and it is these you should focus on. If you have a family then remember to put time aside for them as you grow your business. Time lost with your family really is time lost. When you are with your family be with them 100% and forget your business. If you do want to include family in your business then make sure this is ‘business time’.
WHY IS PROCRASTINATION SUCH A PROBLEM?
10% of North Americans have tried home Internet businesses. Research shows 5% become truly wealthy. This article aims to help you increase these chances.
HOME INTERNET BUSINESSES AND PROCRASTINATION
These are statistics people considering home Internet businesses need to consider:
- The period since the Great Depression has seen the biggest decline in personal savings
- 25 years ago savings rates of 2 digits were normal
- By 2006 savings rates had fallen below zero in the USA
- Europeans and Japanese do better than the USA however the trend in parts of Europe, the UK for example is downward
- The average American has 6 credit cards and owes $9,000
- In 2005 6 Billion Credit Card offer letters went out in America alone
The reason for this is – ‘procrastination’. The word literally means, ‘for tomorrow’. We all know the above statistics are bad however we put off a solution until tomorrow. We also know ‘tomorrow never comes’, so the situation gets worse.
Owning a legitimate home business can help you gain financial freedom. The problem is 95% of those who start one simply stop. The main reason for stopping is procrastination. We want other things now and put more effort into acquiring them (and more debt) than running the business opportunity.
PICKING THE RIGHT KIND OF HOME BASED BUSINESS
In his bestselling book The Cashflow Quadrant, Robert Kiyosaki says there are two ways to gain income:
- Exchange labour/skills/knowledge for payment – the wage system
- Obtain income from the work of others or investments – the business owner/investment system
My legal status is self employed for taxation purposes; I am in fact a business owner. Robert Kiyosaki says the only route to financial freedom is to move to the business owner/investment system. If you stay in the wage system someone else always controls your future. In the business owner/investor system you control your own future.
The main difference between being a home Internet business owner and being self employed is the business approach. Robert Kiyosaki says the one business that is within reach of almost everyone who has access to a computer and the Internet is direct sales.
Owning a business means you get more than one form of income. In direct sales you get commission for the products someone buys. For each person you persuade to join your team you get a monthly residual or ‘passive’ income. It’s the passive income that makes it a business together with a professional system for managing the business.
Each person that joins your team gains you more ‘leverage’ to gain more income. You are now a true business owner.