- Posted November 29, 2013 by
This iReport is part of an assignment:
Tell us the Good Stuff!
The FIVE unbridled truths about starting a home-based business
1. They are not for everyone.
Some people need structure. If they are given all day to do something, they'll put it off until tomorrow and that doesn't work. Others will try to re-invent the wheel. Every sort of work from home opportunity we've come in contact with has a plan to follow. A plan that has worked for years and helped everyone else be successful. Still, somehow, some people are too stubborn to do A before B and they're never successful. be coachable.
2. You are the finance department
People are so used to working for someone else they forgot how a business works. If you're running your own home business you are the finance department. So many times people are annoyed if not offended when their coach or mentor tells them to buy something. People think they can start a print shop without buying a printer or an ice cream station without buying ice-cream first. There are expenses in any home business, but they're usually paying for fliers or products which are really cheap compared to industrial equipment. If you don't have at least $100 to your name, a home business isn't for you.
3. The employee mindset- the silver lining
Most people have had a job in their life, where they had the basic employee mindset: show up and get paid. There is a big distinction between that and someone who is self employed. If you do start a home business, ask yourself every night “Based on my performance today, would I fire myself?” If you would, make sure tomorrow is different, be effective.
4. It's all about the team.
We work with a lot of different businesses and coaches. The cool thing about working from home is you're always working for yourself but never by yourself, there are always other people to help you. One of our favorite coaches is a guy named Alex Z. Everyone who works with him, loves him because he does something unique. He doesn't do individual goals like most. Instead Alex Z does team goals and holds everyone accountable to them. You can lean on your team, they'll see you through.
5. Make sure it's whats best for you.
There are so so many opportunities out there people can get overwhelmed and turned off altogether. As an experiment we put an email address and phone number into a website trying to get more information about starting a home-based business. 3 different companies called us and 8 emailed us saying they had the best business for us. Obviously 12 companies couldn't all be the best for us, we were overwhelmed. Many people fail just because the business opportunity they join isn't the one they fit best with. We decided to reach out to successful people in 47 different home-based business opportunity companies and interview them.
From that, WhichWorkFromHome.com was created. A comprehensive quiz to match you with the right business and coach for you. Completely unbiased and earning your trust since 2011. If you ever wanted to start a home-business, that's the best place to start your search.
Dedicated to your success,