Archive | July, 2015

Starting an Online Business – Do You Live to Work or Work to Live?

To be honest when starting any business it would help if you are among the ‘Live to Work’ group. You really have to more or less enjoy working to want what is possibly a second job. In any case you will likely be spending a lot of time just getting started and obviously you will need to devote as much quality time as possible to your online business.

Be a Worker Bee

From the perspective of having a way to survive while building a business, it is best to start developing your plan for a home business while you still have an income from another source. This is because it takes time to start-up a business; Time to learn, to implement, and to develop a business (maintenance).

It is ok of course if you consider yourself in the ‘Work to Live’ group, as long as you understand that you will need to work at starting your own business, and maybe work harder at it since there are some things about your job career that you may take for granted.

This is the structure. It is already there with a job. They have the office, the equipment, the procedures and processes and the customers — and all you need to do is learn how to use everything and then just do it. You know what time you are expected to be there and what time you can go on breaks and when you can leave for the day. You know how much money you will make and when you will be paid.

When you are in business for yourself none of the above is a given. You have to set it all up. Possibly the most difficult part is in staying motivated since you don’t have a boss to be accountable to. You are it. So if you feel like putting something off, or not doing something at all, you have nobody to answer to. Easy to procrastinate and slack off. Oh sure, I’ll do that never.

On using money as the main motivation to work, again with a job it is sure – you know how much you will make and by when. With your own business you may be working for some time before you see the money and you can’t really say for sure when you will see any. This is natural if you feel disoriented with regard to this, however you may have a psychological problem with it because there is a ‘fine line’ there. The purpose of a business is to make money. If you do not see any, well, you say, what is the point?

You are not likely to make much money at first until you get everything rolling, in particular your marketing and advertising to attract customers. Even then you have to give it more time and in this regard you need to continually build momentum by keeping the volume of your advertising and marketing to the maximum. You should never ‘rest on your laurels’.

This is because not everybody who sees your ads will respond – in fact the majority will not respond. So you have to ‘find the needle in the haystack’ and plow through to find the people who are interested and will take action. Further to this even when you start getting traffic that will not only respond but actually convert to sales, you still need to constantly be finding new business – so again it is about the momentum. You can never stop unless you don’t mind your business drying up.

If you are starting an online business, get ready to do some work. Look at making money as a hobby and try to have fun getting to the prize. “It’s a marathon, not a sprint”, so don’t expect instant results, miracles, magic or osmosis. It’a all about just plain old w-o-r-k that will get you wealthy (unless you expect to inherit money or win the lottery)!

0

Have a Home Business Plan and Stay Focused

People really sometimes need to adjust their mindset when they switch from a regular career to working from home. It is just not the same and believe it or not even though your time is more flexible, you can easily become distracted and even start ‘slacking’ if you don’t cultivate good work habits.

work at home

When you worked at a job it is likely all the structure was already there and you just walked in and sat down. There are procedures and facilities already being used and you just need to learn how to do them. You have likely been given a job description that outlines your duties and the corresponding deadlines; you are either told or agree to your regular hours, lunch hour, etc. If you want to keep your job you will stick to the plan.

When you decide to start your own home business, you start right at creating an office space for yourself and build up from there. You do need a specific area for your business. While it is possible to work from anywhere you will find that as time goes by you need some organization and structure because you are being distracted and interrupted and/or somehow not getting things done timely.

For many reasons it is ideal if you have a spare room with a door where you can create an office space. Lacking that, then a specific area in a room that is used only for your business is next best. Even if you have to keep all your stuff in a box beside your computer, keep it segregated from newspapers, toys, ashtrays, cups, etc. Take it out as you need to use and put it back when you are done.

Part of your home business plan should include scheduling. Although your time is flexible when you work at home, you have to have specific times where you commit to devote to your business. It depends on your personal preference and energy level whether you want to do all your work for 8 straight and then quit, or whether you would prefer to work a few hours, take a break for a while, and then complete your tasks later in the day.

The point is though that you need to focus only on your work when you are working, get it done and then move on. One real challenge in working from home other than getting your kids to respect your work time, is to convince your friends and family that although you are working from home, you are working, and as such you can’t keep being interrupted by the phone and unannounced visits during your work time.

This may be difficult to convey without a conflict or hurt feelings, so just turn your voice mail on and do not answer it unless it is an emergency. This is a good idea anyway to screen your calls as when you start to stay home you will realize how many times telemarketers will call and some will call repeatedly every day until they get an answer. It is best just not to answer or return their calls unless you are actually interested in whatever they are selling which is unlikely.

0

Everybody is Different – Effective Home Business Strategies

It is a mistake to think that ‘one size fits all’ when it comes to motivating people to start and succeed with a home business. What works for me may have the opposite effect for you. There are multiple home business strategies that you can explore to find what works best for you.

visualize dollars

For example, some people may actually find a benefit in ‘visualizing’ and this is all they need to stay focused and determined enough to actually cause their business to succeed by taking consistent action. This means they want to imagine themselves as wealthy, and to picture all of the things they would buy if they had the money. However others would be turned off immediately by this as they deem it to be ‘hokey’, ‘woo woo’ and even ‘witchcraft’.

Others who are logical will probably be most helped by having a solid plan of action, starting with being organized. They have specific goals for every stage of development. They will be interested in the concepts and theories, but more importantly will learn an exact plan of action that includes the steps they need to take, the resources they need to have, and to know how much time they will need to work each day.

Either way people need to be as committed to their home business as they are to their job. Just because we are our ‘own boss’ and can work ‘whenever we want’, we still need to treat it all very seriously if we expect to earn an income on a regular basis. We probably wouldn’t dare tell our boss, ‘Sure, I will do it tomorrow if I have time’ and certainly if we did, we would be sure to get it done at that time. When you ‘work for yourself’ it is all too easy to procrastinate and even just eliminate unpleasant tasks.

While nobody will fire you, it is less likely your business will be successful unless you are ‘taking care of business’ and ‘doing what you need to do’. On the one hand people are so worried about spending a few dollars as an investment to get their business off the ground; and yet then they will ignore what they need to do and may even quit without trying – wasting what money they did spend to start-up their home business.

It’s no big surprise that not everybody is cut out to be a home business entrepreneur – Some people function really well at a job where they have structure, and do a great job. However on their own, they just don’t have the motivation to do what may be a second job or something that will take up all of their spare time in the beginning. They are unwilling to make any sacrifices or to learn anything new. That’s ok, but then they need to understand they will always be stuck with the status quo for better or worse.

0

Powered by Plug-In Profit Site

Plug-In Profit Site