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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