Business Management-business from home

Posted by on Oct 17, 2015 in Uncategorized | Comments Off on Business Management-business from home

Business Management-business from home

There are very, very few of us that will be able to not work in our lives. Not more than a handful of lucky ducks are born with the proverbial silver or gold spoon in our mouths. Therefore there we masses with just a regular stainless steel spoon will need to work for a living. In that pursuit of a living we will get jobs. After some time in the work pits some of us will break out of the pit and find we wish to work for ourselves, from home.
That notion comes with a list of questions that you might consider before telling your current employer about your hopes and dreams of leaving him or her behind you and possibly burning a bridge that you might need sometime in your future. Questions like:
Just what can I do from home to make money?
Where do I begin?
What are the pitfalls to avoid?

These are just a few. There are more but these are a good start.

You can do anything you know about from home. Albeit it must be legal! Having your face displayed on the five o’clock news, being led away from your new home office wearing a pair of those fine bracelets, connected together with a short chain, arm in arm with a huge police officer, is not the way to sustain a business form home.

Seriously, if you can dream it you can do it. The best lesson to learn is to remember that you want to make a living doing something you really enjoy doing. That is, expanding on a hobby you have and enjoy. Or you want to expand on something you now spend your idle time tinkering at.

To build something from nothing you must have some knowledge of the something before you begin. It would be fool hearted to jump into say a bicycle repair business from your garage if you had no idea how to even change a tube on bike tire. So know your business before you start your business.

The easiest way to know what you want to do? Know what you like to do. That seems simple enough, but it is a lesson that escapes millions of people who decide to become their own boss. This is not an easy thing to do, starting a business from home. But it can be done and if done right it can lead to that elusive dream of being your own boss.

So you like to build drones. You like to create candles. Your passion is some kind of art. Yes these usually start out as hobbies. There you have the start of a passion that you have knowledge of and that can be built upon to create a business that can hopefully sustain you on you path to success.

But there is a HUGE pitfall that is just waiting to ensnare you. If your hobby does become your business you can find that you start to run your business like a hobby. That is to say that you should not look at this new business like it is your way of only expanding your hobby. You cannot, let’s say, start a drone business just so you can get bigger, more powerful drones for your collection. You need to remember that you have that drone business so that you can create and sell bigger more powerful drones to your new customers. That is the essence of business. To sell, sell, sell.

So to re-cap.
You can make money from home by possibly expanding your hobby into a business.
You begin by realizing that you need to know your hobby inside an out before you begin.
You avoid a hue pitfall if you realize that this business is not the best way to just enlarge your hobby. It is a way to make money first and then, with profits from that business, after all bills your bills are paid, then you can profit from that business and buy that dream drone for yourself.