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FileNet and Other Collaborative Solutions
In the midst of the bustle and shuffle of the collaborative whirlwind of documents, drafts, e-mails, and electronic documents that is 21st century business, it is important to evaluate the best collaborative software suites available on the market...
How To Survive Your First Year in Business
What's the best way to create a profitable business? A business you really love that makes the kind of money you really want? Planning, planning, and more planning. Before jumping head-long into a new business, you must lay the foundation for...
Is Your Trash Cash? 5 Easy Places to Sell Your Stuff
The old adage that says "one person's trash is another person's treasure" never goes out of date. So when you're looking for some extra spending cash and you want to make some space in your home, combine the two endeavors by selling your stuff...
PILES, FILES, LISTS—OH NO!
PILES, FILES, LISTS—OH NO! By: Janet L. Hall Everyday our desks, floors, and credenza get bombarded with papers: memos, notes, phone messages, reports, mail, and of course all the "stuff" we have to print out from our computers! I'd like to...
Staying Cool When the Job Heats Up
Staying Cool When the Job Heats Up by Dale Collie Jobs are heating up. We're all feeling the pinch of hiring freezes and information overload. Workplace stress is increasing right along with the workload. Headaches are turning into migraines; back...
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Avoiding Home Business Failures
It's been said that 80% of all small business dies within the first 3 years. And the rest are somehow struggling along with meager revenues. Only a handful is successful. Home based business has an even shorter lifespan. Every enthusiastic home based venture starts out with a big promise, a lot of excitement and enthusiasm.
However at the first signs of trouble or a slow take off the people become panicky. Having been accustomed to regular pay check, when the money does not roll in week after week and the bank balance hits the low digits, there is a sense of panic and the exciting home business gets trashed.
My own experience tells me this happens just when you are through with organizing, setting up and the difficult transition period of reaching out to the customers, you decide to wind up the business in favor of a job.
Now here are a few tips to persevere and make a success of your home business.
Plan in advance your finances for running your family for a minimum period of 6 months.
Plan every aspect of your business - right from creating the product to final shipments - on paper. Don't leave out anything. This is what is called a business plan. Make it elaborate and group each aspect under a heading and subheading.
Home workers need to set a disciplined work schedule. Having no bosses around or compulsions of commuting may make you take things easy and relaxed. At least for the first 6 month work as if you are in employment and put in the required hours. You can relax and cut down on working
hours when you start earning enough.
Don't procrastinate or put things off for tomorrow. Action is one major ingredient for success. If you need to do something do it today. Do it now.
It is essential to keep your motivation high. Read about the success of other small business and home business owners and learn what they did right. Duplicating someone else who has succeeded makes it easy to succeed yourself.
You may suddenly find yourself alone without the social support of colleagues and friends. Even persons you considered your best friends may avoid you if they feel you are in trouble. That is OK. You get to know who's who in times of adversity. Learn to depend on yourself than outside support.
Be prepared to take the temporary pain and denials. Robert Kiyosaki of 'Rich Dad Poor Dad' fame and his wife slept in their car for a few months and lived in a basement of a friends house for many more months to achieve what they set out - their financial freedom.
Believe in yourself and keep going even if the going gets tough. The rewards far outweigh the pains and temporary sufferings. Remember the darkest hour is just before the dawn breaks out and sun rises. About the Author
R.G. Srinivasan is a Managerial professional, Writer and Author. He writes a regular blog on home-business resources aailable at http://www.home-businessresources.blogspot.com with online marketing tips, resources, opportunities and online promotional strategies.
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