A conflicting behavior when you come home—like “sit”—helps enormously. You’ll need to practice your puppy’s “sit” during calm moments first, and then ask for this polite behavior before you leave and when you arrive home. Guests will appreciate a polite “sit” when they arrive, too, as they won’t appreciate your puppy leaping around and mugging them for attention.
I remember going to a dog park where a little 4-month-old Boxer puppy ran around jumping on everyone. The dog was not heavy enough to knock most of the adults down. However, it left everyone with muddy pants and the dog was big enough to knock over small children. The owner did nothing to stop the jumping puppy. After all, it was just a small pup. Everyone around her was pretty annoyed at the muddy prints the dog was leaving all over their clothes. That is an owner who will have a problem with her dog jumping on people when it gets older.
In order to perfect the proper greeting routine, your dog needs much more practice than that. You can speed up the training process by leaving through the back door and returning through the front door over and over again. When your friends come over, have them do the same. Each time, ask your dog to sit-stay before opening the door. At first his excitement will make it difficult for him to concentrate but after you've repeated this process 10 times, he will calm down and be able to concentrate. Before asking your dog to sit-stay in this distracting and exciting situation, be sure he has a reliable sit-stay in normal, non-stressful situations. And of course you can always just hold the dog in a sit if need be.
Also, it's your job to never let anyone else allow your puppy to jump up on them! They will say, "It's OK, she's just a puppy, I don't mind if she jumps on me". You must rush in and pull the puppy down immediately, put your pup in a sit, praise the puppy then scold the person ! Continue to hold the puppy in a sit and let the person greet the pup. Explain to them they can never allow the puppy to jump on them - the puppy must sit to be greeted. To stop the jumping up behavior in pups, I do as much people training as puppy training!
While the idea of "training" may seem daunting, it is simply teaching an animal what behavior works or doesn't work through resulting consequences — so whether you realize it or not, you are actually training your dog every moment of the day. Fortunately for you, preventing jumping is possible even without structured training. There are some simple solutions to this problem that require minimal effort and fit easily into your normal interactions with your dog.
When your puppy reaches adolescence, he may be unable to control his impulses and start to test limits (just like a human child). Adolescent jumping up can turn into “nose boinking” which can lead to broken glasses or even a bloody nose. Jumping up often combines with mouthing behavior where the pup bites and grabs your hands, clothing or even your derriere in a grabbing game of tag.
Nobody likes to have a handful of groceries knocked out of their hand or get muddy paw prints on their new pants as they walk through their own front door, let alone someone else's front door. Jumping up can be a cute greeting when you have a small puppy or dog at home, but as time goes on, it can become quite annoying to you and your guests. Teaching your dog to calmly greet you and your guests, without jumping, will create a much more enjoyable environment to enter into after a long day at work or when receiving guests at home.
When a dog jumps on a human of its own free will, it is not "greeting" the human, it is asserting its dominance over the human; it is the dog communicating that it is alpha and/or wishes to own/control the human. A subordinate would never dream of running over and jumping on the alpha dog of the pack. Space is respect and lower members of the pack respect the higher members. If your dog jumps on humans, it does not respect them. Note: when a young puppy jumps on humans it is sometimes its attempt to reach one's face. Puppies need to be taught not to jump up on humans as this behavior will manifest into other meanings as the puppy grows up into an adult dog.