Positives and Negatives of Work From Home Business
Positives and Negatives of Work From Home Business
Making money working from home is the preferred solution of more than 79 million people according to Forbes magazine. More and more people are searching for the best work from home business ideas.
One of the steps to start a small business is determining all of the positives and negatives.
Positives:
1. You do not have any additional rent for your home business location.
2. You do not have any additional utility expense for your home business.
3. You do not require any travel time or expense for a home business. A 30 second walk from your bedroom to your office does not count as travel time.
4. In the initial stages you will probably not have any employee expense.
Negatives
1. You work from home. All of the distractions of home life will constantly present themselves; these interruptions make it more challenging to focus and concentrate on business tasks. Laundry, the family, your pets, the doorbell, and the kitchen, all tempt and distract yo
2. You have to perform all tasks. You place the ads, you call the leads, you call vendors, you do the follow up calls with prospects and team members, you do the training, you do the record keeping, you do the short and long range planning and you do your own research to learn more about your new small business.
3. Wow. After all of that you are probably thinking about a nap. No can do. Until you start making money in your perfect home based business. You do not have time to waste. You are probably still working your day job. Plan at least 20 hours a week for your new business.
Being health conscious and an exercise-a-holic, I am NOT telling you to give up your sleep, give up healthy eating, or give up exercise. It will be more challenging for awhile to accomplish everything. If you need to find extra time, give up television.
Oh, your sanity is in the mix somewhere as well. I am not telling you to give up your spouse, your kids or even your tennis racquet. You WILL have to focus your time and energy carefully. No more wasted time. Carefully examine your schedule and make every minute count.
Weigh the time freedom, lower start up cost, convenience, and unlimited income potential against the discipline, time, initial investment and learning curve required for a great home based business. Employ entrepreneurial thinking. Do you have what it takes to be successful?
You may be thinking, "What if I fail?" The best way to overcome your fear of failure is to make your desire for success more powerful than you fear. What is your "why?" What is your powerful reason to push through any obstacle until you reach success?
Every business requires a powerful "why," but a home based business seems to require an even stronger why than a brick and mortar business. Maybe it is because there is a lower investment and thus it is easier to quit. You do not have a lease to break or contracts to renegotiate or transfer. Work from home business ideas sound great and they are great. The catch is the follow through.
If you have the discipline, determination and "why," your odds of success just skyrocketed.
Book Elaine Love to speak to your group or hire Elaine Love as your personal success coach. Take your guidance from one who has succeeded, is still succeeding and knows how to mentor you to achieve your maximum success. Contact Elaine Love
28 years experience as a successful entrepreneur, post-graduate degrees in Communication and Alternate Dispute Resolution, and a proven track record as a teacher, coach and mentor, revealed the success formula.
Network marketing achievements for the last 4 years. Executive Committee, Ethics Committee, Certified Consultant Seminar Program, Leadership Support Team, L
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