On the plus side, part of your home and related expenses are tax deductible. It's convenient to work while your kids are in school and home for them when they walk through the door in the afternoon, and let's face it, not having a boss to answer to is a major plus.
But it's not always the ideal situation. Starting a business from home isn't always easy on families. There are many issues that will affect your family. First and foremost are financial issues. Will you be able to handle the hit to your wallet when you don't have a steady paycheck? If this is an issue, consider working your business part time while holding down a full down job.
It takes a very dedicated person to work from home. There are always distractions to overcome. Unexpected visits from family members who think you have lots of free time because you don't work a "real" job. Telemarketers calling in the middle of the day. Neighbors dropping by to see if you'll babysit, "real quick" while they run errands. It's important to let family and friends know your working hours. Tell them in no uncertain terms that your business is an income producting and you need to block out regular working hours. Also let them know when you are available.
Along those same lines, it is crucial that you explain to your own family that, although you are home, you are not always available to them. This can be confusing to kids. Set some basic rules for them to follow. Let them know your work hours and tell them you expect not to be disturbed. But occasionally, surprise them by quitting early and doing something fun with them!
Here are a few basic rules that will help you and your family handle the new working situation.
* Make sure everyone knows not to answer your business phone. This will save you in a number of ways. You'll be sure to always get your messages. Kids are never good at getting all the details. You'll create a much more professional business image if you answer your own phone.
*If you're children are typical kids, they will want to "borrow" your office supplies. Give them their own office supply center elsewhere in the house! Otherwise, you'll start losing your much needed supplies.
*Set a work schedule at the beginning of every week and post it in a prominent spot so family members can check your schedule to see when you will be available.
Though these issues can and probably will arise, working from home is still the American Dream for many people. Learning to set, and more importantly, enforce boundaries for family, friends and clients will make your business less complicated.
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1. An outpouring of jealousy, dismissing the successful person as lucky, dishonest, manipulative, evil or with some other derogatory term.
2. Admiration and acceptance; a ?that's life? attitude: ?Good for him?.
3. Wow! How did he do that? I want to learn from that guy and do the same.
It is sad that such a high percentage of people seem to fall into category 1, although I would guess the majority fall into category 2. Where life can get very interesting is for those people who fall into the third category. They have the admiration and appreciation, but they also have the inspiration, to go those few steps further to emulate the successful. They realise that if he can do it, then they can too.
Success is big business. $8bn a year is spent by Americans on personal development products, so there is no doubting the desire of ordinary people to improve themselves and succeed in their lives. Whatever their education, talents or ambitions, they are willing to pay to learn how to improve themselves and succeed.
Often, though, those who succeed in business do so in a narrow and acquisitive way. There is nothing wrong with that; they have found a formula for a successful business, and then understandably want to keep that going, develop it, and refine it, all the time growing their business empire. Many wealthy businessmen do give too, donating $millions every year to charitable organisations across the world.
Rarely, though, you will come across someone who wants to go a whole lot further in helping others, while at the same time developing their business. A few days ago I listened in to a call to Matt Morris of Success University. Matt is a genuine ?rags to riches guy?. He came through a horrendous and traumatic childhood, went to college but dropped out, and had failure after failure in trying to get a business going. At the age of 21 he was living out of a car trying to sell swimming pools.
Things are very different for Matt today. He is CEO of Success University, which is already the most visited personal development website on the internet. In conjunction with some of the world's top trainers, coaches and experts on many aspects of personal development, Matt Morris has created a success learning centre that has spread rapidly across the world since early 2005. It was already doing extremely well up to 3 months ago, but since then has doubled in size again.
This remarkable growth is set to continue. In his open call to Success University students, Matt made it clear that his vision is for Success University is to become the top distance learning centre in the world, online or offline. It would not be wise to doubt his ability to make that happen.
The main purpose of the open call for students, though, was to make an announcement that was particularly aimed at those students who were themselves promoting Success University as a business. It was this main announcement that reflects the different attitude of Matt Morris. Instead of just growing his own wealth, he has a passion for helping others to succeed and become wealthy too.
He is clearly succeeding in that aim. In the past month, we were informed, three more students had become six figure earners. We were left to imagine how many five figure earners there were. However, what was being announced was a change in the Success University compensation plan which made it twice as easy for a student to qualify for lifetime commissions, and in so doing ensuring that 20% more commission cheques would be sent out each month.
This announcement would no doubt have been a great boost to those who would benefit, and an encouragement to new students to get involved in the business side of Success University. But where it stood out most was the way it showed that an extremely successful guy, Matt Morris, was prepared, through generosity, to help the (so far) less successful in getting off the ground with their business.
Just imagine what the world would be like if all successful and wealthy people adopted a similar attitude. Instead of hogging all the glory and the cash for themselves, truly making it easier for others to follow in their footsteps to achieve financial freedom and personal success. Matt Morris has some story to tell, but he really does want others to be telling similar stories in the months and years ahead.
Both Jana Novotna & Roy Thomsitt are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Jana Novotna has sinced written about articles on various topics from How To Grow Wealth. Jana NovotnaDating Site OwnerI am making $7000+ monthly with my dating business.. Jana Novotna's top article generates over 720 views. Bookmark Jana Novotna to your Favourites.
Roy Thomsitt has sinced written about articles on various topics from How To Grow Wealth, Gift Ideas and Babies. Objectives, weight loss, diet and more. The story of Matt Morris was recently featured on Fox News. You can view a video of the Matt. Roy Thomsitt's top article generates over 9900 views. Bookmark Roy Thomsitt to your Favourites.
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