Friday, July 21, 2006

So You Want To Work at Home? Read This First


The dream to work at home is a staple in most peoples minds. What most people dont know is that there can be drawbacks to working at home as well. As someone who wants to start your own home based business, you should be aware of these pitfalls, so that you can prepare in advance for whatever inconvenience they may pose.

Lack of financial security.
Working at home and starting your own home based business carries risk. Unlike a salary, you will not be receiving a fixed amount each month. Theres a large possibility that the compensation you receive will be small in comparison to your regular job, especially at the beginning. The upside, of course, is that you also stand to gain much. Some of the biggest, most profitable businesses today were first small home start-ups. Companies like Microsoft, The Body Shop, and Coca-Cola are examples of companies that were first run from the proverbial garage.

Having to take charge of your own time.
Time can either be put to good, profitable use, or it can be wasted. If you are not a disciplined person, then you might have a tough time making the venture work. After all, being at home means that you are comfortable perhaps too comfortable. You can surf the net, watch TV, fix dinner, play with the kids, shoot some hoops, talk with your friends, read a book, take a nap there are so many things that threaten to eat up your time when youre at home. If you really want to work at home, you should first make sure that you can carve up a good amount of time to spend on your business. You should have the ability to set a schedule and stick with it; otherwise you might be heading for financial ruin. However, if you are the kind of person who is willing and able to set your goals and work towards them, then having control of your own time is an incredible advantage. You will be able to set your priorities, manage your tasks, and minimize the waste of your time things that are difficult to accomplish when you are in someone elses employ.

Potential isolation.
Because you are not forced to interact with other people, you might fall into a tendency to cut yourself off from most daily interactions. This is a danger that those with more conservative or shy personalities face. To counteract this, you simply have to allot a portion of your time to meet friends and meet new people. Never get too engrossed in your work to the detriment of your social life; youll just suffer in the end.

Dont let this little list discourage you from taking the plunge! Thats exactly what most people do, which is why you dont see a whole bunch of truly rich people in your neighborhood. Scan down this list and fix in your mind how you intend to overcome these obstacles in your path to riches. Knowing yourweaknesses is strength never forget that.


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Wednesday, July 19, 2006

Home Based Businesses: A Recipe for Success?



Starting your own home based business is not always an easy decision to make. Home based businesses, after all, do not seem to be very secure, nor are they prestigious. However, before you get discouraged and start enumerating the reasons why you feel that your little home based business cannot possibly work, you should take some time to read the following stories.

A long time ago, there was a young drug store clerk named Asa Candler. Candler decided to start his own home based business after purchasing a beverage recipe from the town doctor for $500. That amount represented his entire life savings, but Candler was dedicated to making his home based business work. Today, that venture is a multibillion dollar company with an unmatched international distribution network. It owns the most recognizable brand name in the world. What is this company? Youve probably heard of it. Its called Coca-Cola.

One day, Anita Roddick, a British woman whose husband was frequently away on business, decided to make her hobby a moneymaking venture. Roddick, with little to do whenever her husband left town, didnt choose to watch soap opera reruns or take aerobic classes. Instead, she took to concocting with various potions in her garage. She gave a few of these potions to friends and found out that they were very popular, so popular that she was soon selling them all over her neighborhood. This home business, from such inauspicious beginnings, is now an internationally-recognized franchise that does billions of dollars of business each year. What is this business? Its called the Body Shop.

History bristles with examples of large corporations that started close to home. Truly, great things start from small beginnings. Did you know, for example, that Microsoft was started in a garage, by Bill Gates and Paul Allen? Looking at the company now, thats pretty hard to believe, but its true. Back then, Gates and Allen were just two geeks who were more interested in writing softwarethen they were studying in school. In fact, Gates dropped out of Harvard, worked on his home business, and produced MS-DOS the rest is history. Bill Gates is, of course, currently the richest man in the world, and his company, Microsoft, dominates the software industry.

Now, you may never aspire to reach the heights that Candler, Roddick, and Gates have. But it doesnt mean you shouldnt try. The purpose of this article has been to remind you that even the greatest of successes were at first small ventures, not unlike the one that you are planning to build. As long as you infuse imagination, creativity, and plain old hard work into your business ideas, there is no reason to believe that you will fail. Even if you do, you should simply pick yourself up, learn from your mistakes, and push forward. You never know: your home based business might become the next Microsoft, or the next Coke! Get excited and make it happen!



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Tuesday, July 18, 2006

Is Working at Home For You?


What if?

Working at home has always been a dream for millions of people. After all, who want to spend their lives in a crummy job for very little pay? All of us, no matter what our profession or nationality, want a little more out of life than what we actually have now. Working at home seems like the answer to so many of our problems. We ask ourselves, What would life be like if I didnt have to wake up each morning and spend the day doing something that I dont like? How would I feel if I could work at home?

I can answer that question. You would feel great. If you didnt have to wake up each day to go to work, youll have a terrific time, assuming that you didnt like your work in the first place. If you love your job and have a rip-roaring good time each day, then you probably dont need to read the rest of this article. This article is written for those who are undecided about one thing: the decision to keep their current job, or to start working at home. In other words, those who want to work at home.

Decision, decisions

If you decide to work at home, you are in effect trying to become self-employed. Or an entrepreneur, if you will. This decision should not be taken lightly. It is not for everyone. A home based business, as comfortable as it may seem, carries a significant amount of risk with it. There is always a possibility that the business will fail. However, if you make good decisions right from the start and set a solid foundation for the years ahead, you will drastically increase your chances of success. Starting your own home business is risky; theres no doubt about it. But you also stand to realize massive gains, perhaps even amass a fortune!

There are many advantages that will accrue to you if you decide to work at home. For many, not having to go to the office daily is incentive enough. After all, havent you had the experience of wanting to sleep for a few more minutes, but had to get up because you were late for work? Weve all experienced that. When you work at home, you begin to take charge of your life. You take control of your time and decide how to spend it. Of course, this can be a two-edged sword if you are not the disciplined type. You might end up procrastinating on your tasks, or perhaps not doing them at all. This will most certainly cause your work at home bid to fail. So before you decide to try and work at home, ask yourself, are you disciplined enough? Being at home will present you with countless opportunities to shirk your work. Unless you can trust yourself to do the right thing, youre better off earning a regular wage. But if youre the type of person who has the courage and the will to go after your dreams, then by all means! Youre the type of person who has nothing to lose by working at home, and everything to gain.


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