Your Home Based Business – 6 Tips to Success

“XYZ Company cuts 15,000 jobs”

“ABC Motor Company lays off 35,000 workers”

Headlines like these are showing up in the news more and more often these days. Corporate America is downsizing.

What will all those highly trained and highly skilled, very smart people do? Most of them have families to support and bills to pay. It’s a scary situation!

Some of these people will ditch Corporate America and launch out into the world of home based business, choosing to be their own boss, knowing they’ll not be laid off from that job.

Are you one of those people? I was, and I felt sort of like I was standing on the high-diving board, wondering if I jumped would I drown?

Running a home based business can give you a lot of freedom and flexibility, but it also requires a high degree of self-motivation, organization, and discipline.

I soon discovered there were some things that I was going to have to do differently if I was to succeed in my own business.

Here are a few of the questions you need to ask yourself before you take the plunge.

?Are you a jack of all trades? You need to be able to figure things out on your own. In the beginning it might be helpful to hire people to help you with the paper work, bookkeeping, and tax issues. Think of all the different jobs there are in a small company and realize you’ll have to fill all those places yourself.

?Can you set and work within your own schedules? It’s easy when someone else manages your time for you. But it’s harder to set your own time frames for the tasks at hand and keep to them. We are creatures of habit, and it may take a while for you to become proficient with scheduling.

?Are you good at goal-setting? Without solid and achievable goals, you might find yourself twisting in the wind. Set natural short-term goals that will encourage you as you check them off. Have some long-term goals to shoot for. That will keep you going when you hit those snags.

?Are you easily distracted? There may be fewer meetings and workplace interactions, but there are lots of things around home that will vie for your attention. It’s a good idea to set apart a specific place for your “office” so your family knows that when you’re there you’re busy!

?Can I call it a day at the end of the day? There will always be lots more work that could be done, but don’t neglect your family or your recreational activities. You still need to keep a balance in your life. You’ll have to learn to make that balance work for you. If you don’t, you’ll get burned out really fast. It’s still work, but it needs to be fun!

?Am I willing to learn from others who are successful entrepreneurs? Get yourself a mentor, whatever else you do. Don’t ever be afraid to ask questions. Get some good books on personal development. The more you read, the more you grow. Get online and find out who is writing and publishing in your niche market. Read them!

I once heard a preacher say, “There is no real freedom without discipline.” That doesn’t seem to make sense, until you realize that freedom is being in charge of your own life, and if it’s not a well-organized life, it’s slavery to the winds of change and circumstance.

Being your own boss can be an exhilarating experience. Go ahead, try it! Ask, seek, knock. Then watch for the doors of opportunity to open for you.

Rachel Patrick Graves is a freelance writer and marketing consultant. To find out what she’s most passionate about, visit

Article Author :Rachel_Patrick_Graves


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