Five Things You Need to Know When Setting Up a Home Business
Setting up a home business can be one of the most liberating experiences of your adult life.
Some people who have been particularly successful at it have described as the best thing they have ever done.
Others, who have come into it after working for many years on a salary, have described those previous years as 'a different life' or 'a different me'.
Whatever people say about the whole experience of developing a home business, it does change lives, and it can be very lucrative and satisfying.
However, many home businesses fail after just a few months of being in operation.
The reason for this is that the owners of these businesses don't pay attention to a few issues that surround the experience of starting a home business.
This article outlines five of those issues, and suggests how to deal with them.
1.
First of all, discipline is the key to a great home business.
If you spend the day typing in your pyjamas, pretty soon you will find that your home business has gone down the tubes.
While you don't necessarily have to wear a suit and tie, it is important to dress early and stick to a set of hours that are not too dissimilar to normal working hours.
So many businesses have come undone because people are lounging around in their nightwear when a telephone call comes through.
Their attitude is way too casual when they are wearing their stripy pyjamas, and clients, prospective or otherwise, can spot the difference between someone who is business like and someone who has just crawled out of bed.
2.
Make sure that you set up a clearly defined area in which you are going to work.
This is your office space, and while you don't need to have a water cooler and a fire door, you do have to ensure that you and anyone who lives in your house knows that business takes place in that area.
Keep it clean and tidy and well-resourced, or you will soon feel that it is getting out of hand.
3.
If you have money in your budget (and this is not an expensive thing to do) then you should advertise.
If this scares you, set up a monthly budget and stick to it, monitoring the ROI (return on investment) that you receive.
If it doesn't work after a month, add another $20, and so on, until you start to get results.
You will soon see how to work it.
Don't forget that companies almost always ask where you saw their ad...
4.
And while we are on the subject of advertising, get on the Internet as soon as you can and start marketing your company.
There are two things you need to do, get a blog, and then a website.
If you don't know how to do this, get on the Internet and find out.
ProBlogger is a great site that helps you set up a blog.
And there are millions of websites that can help.
One amazing one, that does a lot of stuff for free, is HubSpot.
5.
Once you have done all of that, do not get down when things don't change overnight.
Companies take time to grow, and this needs to be borne in mind.
The most successful people in the world made mistakes first.
A study was done recently with some self-made millionaires, and they were millionaires in their thirties.
They were asked how many companies they had started before they made a million.
The average answer? Seventeen.
So there we have it.
Keep these points in mind, stay focused, and pretty soon you will have a home business you can be proud of.
To find more valuable tips and advice on starting your home business and making it run well, go to:
Some people who have been particularly successful at it have described as the best thing they have ever done.
Others, who have come into it after working for many years on a salary, have described those previous years as 'a different life' or 'a different me'.
Whatever people say about the whole experience of developing a home business, it does change lives, and it can be very lucrative and satisfying.
However, many home businesses fail after just a few months of being in operation.
The reason for this is that the owners of these businesses don't pay attention to a few issues that surround the experience of starting a home business.
This article outlines five of those issues, and suggests how to deal with them.
1.
First of all, discipline is the key to a great home business.
If you spend the day typing in your pyjamas, pretty soon you will find that your home business has gone down the tubes.
While you don't necessarily have to wear a suit and tie, it is important to dress early and stick to a set of hours that are not too dissimilar to normal working hours.
So many businesses have come undone because people are lounging around in their nightwear when a telephone call comes through.
Their attitude is way too casual when they are wearing their stripy pyjamas, and clients, prospective or otherwise, can spot the difference between someone who is business like and someone who has just crawled out of bed.
2.
Make sure that you set up a clearly defined area in which you are going to work.
This is your office space, and while you don't need to have a water cooler and a fire door, you do have to ensure that you and anyone who lives in your house knows that business takes place in that area.
Keep it clean and tidy and well-resourced, or you will soon feel that it is getting out of hand.
3.
If you have money in your budget (and this is not an expensive thing to do) then you should advertise.
If this scares you, set up a monthly budget and stick to it, monitoring the ROI (return on investment) that you receive.
If it doesn't work after a month, add another $20, and so on, until you start to get results.
You will soon see how to work it.
Don't forget that companies almost always ask where you saw their ad...
4.
And while we are on the subject of advertising, get on the Internet as soon as you can and start marketing your company.
There are two things you need to do, get a blog, and then a website.
If you don't know how to do this, get on the Internet and find out.
ProBlogger is a great site that helps you set up a blog.
And there are millions of websites that can help.
One amazing one, that does a lot of stuff for free, is HubSpot.
5.
Once you have done all of that, do not get down when things don't change overnight.
Companies take time to grow, and this needs to be borne in mind.
The most successful people in the world made mistakes first.
A study was done recently with some self-made millionaires, and they were millionaires in their thirties.
They were asked how many companies they had started before they made a million.
The average answer? Seventeen.
So there we have it.
Keep these points in mind, stay focused, and pretty soon you will have a home business you can be proud of.
To find more valuable tips and advice on starting your home business and making it run well, go to:
