Home Based Business Ideas
2. Home businesses can survive with some minor mistakes at the beginning – but will certainly fail if owners expect the business to “run itself.”
Home business owners work hard, day after day. Depending on whether your home business is a full- or part-time venture, you can expect it to take more than 40 hours per week to run, and it could consume every spare moment you have. This is especially true during the first three years.
Yes, you will be able to attend your children’s soccer games on a Tuesday afternoon, or attend a matinee on the occasional Wednesday – but that will probably mean working more hours some other day. Do not confuse a flexible schedule with the lack of a schedule. In this sense, owning your home business is much like driving a car. There are a few big mistakes that might hinder your journey (such as not having a full gas tank, or, in the case of a business, not being fully funded to meet business and living expenses). But when you’re on the road, you can’t stop looking out the windshield! In fact, as you drive, you are constantly adjusting your car’s speed, direction, and position on the road to keep it heading in the right direction and moving safely through changing road and traffic conditions.
Owning your business is just like that.
After you get the business moving, you will need to adjust and revise a host of issues, from pricing and marketing to customer expectations to file storage. And, everything changes. Your customers change. The economy changes. Seasons change. Technology introduces changes to your particular industry or market sector. Just as you should never take your eyes off the road, you should never take your eyes off your business.