Tuesday, October 28, 2008

Work From Home Advice For Newbies - Important Self Evaluation Tips And Soul-Searching Questions To Consider.

Many people are interested to work at home and earn money these days. However, before you start evaluating a home business opportunity (especially if you are a newbie), start by EVALUATING YOURSELF first! Do some soul-searching and find out what you really want for your life. Earning money working at home is not as easy as it sounds. There are many challenges that could make it more difficult than having a day job.

Self evaluation to understand your strengths and weaknesses is the first step in deciding a work from home opportunity. This is because most self-employed or home business owners failed because they are lack of focus and self-discipline; NOT because the opportunity isn’t good enough.

Below are some self evaluation tips and soul-searching questions that you need to consider carefully before deciding to quit your day job and work for yourself… especially if you are a newbie and have never ventured in any home business opportunity before.

1. Are you a self-motivated type of person? Self-motivation is definitely a very important ingredient as you must be able to motivate yourself to work without anyone telling you to. When you’re your own boss, there can be myriad of things that can get in your way. If you’re not self-motivated, you will always find yourself putting off doing the works you’re supposed to do. And at the end of the day, you will feel that you’ve accomplished nothing and feel very guilty. This can make you feel very depressed and lead you into a stressful life!

So if you are not a self-motivated kind of individual, earning money working from home is a NO-NO for you.

2. Understand that there is NO “instant gratification” when it comes to doing business at home. You won’t get a constant paycheck at the end of every month like you normally have in your day job. You can become very discouraged very fast when you realize that there are large amount of works (with small rewards) you need to do initially. Of course, it is possible to earn good money with a home business but, you need to remember that it will take hard work, time and persistence to achieve success.

So in the beginning, you must be willing to accept hard works with little rewards. Building a home business is like an investment… firstly, you need to know where to invest your money and secondly you need to be patient to allow your investment to grow over time. Similarly, when building your own personal business, you need to invest your time heavily on activities that will bring in sales and revenues. And you need to continually do it over and over again until you achieve success.

3. Can you set goals and stick to them? Setting goals is important in any business, if you don’t set goals, you won’t be able to stay focused. So if you feel that you don’t have the goal-setting skill, you will need to brush up on this area first before jumping in and wasting your time evaluating any home business opportunity.

4. Are you treating it as a business or a hobby? If you treat your business like a hobby, you’re likely to be disappointed with the results! Unlike a hobby, a business needs to be worked at seriously and professionally. A business cannot allow any personal thing to get into its way. I’m sure you’ve heard this popular phrase: “It’s not personal, it’s business!”.

5. Are you financially responsible? This quality is important for any business owner. When you’re your own boss, you’re a finance manager. You’re responsible in managing and controlling your business budget. For example, when you start making some money, you need to be able to invest and spend the money wisely. Often times, you will want to put that money back into your business to help it grow and expand further.

These are just few things you need to consider carefully before you start telling yourself that you want to quit your day job and start earning money from home on your own. Make sure you really know what you want to achieve in your life. What is your personal mission in life? Ask yourself some soul-searching questions and answer them honestly.

So, take the time to do self-evaluation and soul-searching first before making a final decision to quit your day job and work from home. Hope this article is useful for you.

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