September 13th, 2011

How Much Should You Focus on Making Money From Home?

When it comes to running a successful online business from your home, the money you earn is one of the big ways you decide if you’re on the right track. A lack of earnings means things aren’t going as well as they could be, so you might decide to focus even harder on bringing money in. Is that really where your focus should always be?

That depends. Are you looking for quick results or a long term business strategy?

I’ve always preferred to consider the long term with my business. That means this site, as well as my others, don’t earn as much as they could, compared to what would happen if I focused more on bringing money in. Instead, I have a business I can trust to keep going over the long term.

Here’s an example of short term thinking. You buy some cheap private label articles, drop them onto your site and add some AdSense and/or affiliate links and wait for the traffic to come in.

It sounds nice and easy, and may bring in a few dollars over time. The problem is that cheap PLR is rarely well written, and you probably aren’t the only site posting that article, which usually leads to lower search engine rankings. Quick and easy in the short term, and maybe you made some money, but not so good for the long term.

If you’re so desperate for money that you need something that will pay you quickly, you’re probably better off getting a job. It’s not fun if you have a goal of working for yourself, but sometimes working for someone else is a necessary step. Admittedly, finding a job isn’t always easy, especially in the current economy, but it’s usually easier than making a successful home business. Just think about it.

A longer term strategy is to make a site that will be interesting to visitors for a long time, especially if you can create a loyal readership. Write unique articles for it, with solid information for the niche. You can use a bit of PLR as a base, but make sure you rewrite it and maybe add some extra information to improve it. It’s more work, but it’s your own.

There’s absolutely a balance to be maintained. You need money fast, that’s just the way it is, and you have to do the things that are faster, even if they’re no good for your business long term. So long as they aren’t going to come back to bite you later, that’s not a completely bad choice. Don’t expect it to be in the thousands of dollars that quickly, but if it’s enough to keep you going, that’s good enough. Get that fast money, just don’t forget to work on your long term goals next.

Always remember that the big key to long term success is hard work. Shortcuts aren’t going to get you there. There’s no magic button to change that simple fact.

June 7th, 2011

Are You Slowing Down for the Summer? Why?

Some people consider summer to be the slow season for home business. Moms are busier with their kids out of school, and there’s just so much warm weather to enjoy that it’s easy to slack off. Just because it’s easy doesn’t mean you should, however.

Not All Businesses Slow Down Significantly

Perhaps the biggest reason to not slow down the work you do on your business during the summer is that not all businesses experience a slowdown. You don’t know if a slowdown is due to it being summer or due to less effort on your part if you just take it for granted.

If you assume your business is going to slow down, it probably will. It takes effort to keep most businesses going. It’s certainly nice if the money keeps coming in even when you take a break, but you may damage your business if you simply assume a part of it is gone for the summer. That part may take longer to build back up in the fall.

Take Advantage of Any Slow Times to Improve Your Home Business

Let’s say your business does slow down significantly over the summer. Where does it say that means you should put in less effort?

If things are quieter for your business, it’s a great time to work on the parts you may not always have had time to get done. Try improving your marketing skills, update your website and networking with others in your industry. Organize your office, files, computer and tackle that email box. There’s really no benefit to sitting around just because things have slowed down a teensy bit.

Take It With You

If you’re taking your family on vacation, you may not want to leave your business entirely behind. Online businesses still have to be monitored for problems, although you can hire a virtual assistant to take care of the basics. You can also carry business cards so that when the topic comes up naturally with the people you meet on your trip, you can hand your card to them.

Of course you don’t want to ruin your vacation by overdoing the business bit, but being prepared to deal with the parts that are reasonable is a good plan. You’ll be meeting people you never would have met if you stayed at home; why wouldn’t you take advantage of that?

Prepare for Christmas

Yes, that’s a scary word during the summer. You might not be thinking about Christmas yet or the sales you hope to make at that time of year. But there’s no reason to delay your planning for it. Work now to make your holiday season more profitable.

November 4th, 2010

Don’t Feel Bad About Learning to Work at Home in the School of Hard Knocks

Working at home successfully doesn’t come quickly to all of us. Many people have to try several opportunities, whether they be stay at home jobs or home business opportunities, before they find the right match for their availability and income needs. This work at home stuff doesn’t come that easy.

It’s often a school of hard knocks before you really get it. You may feel like a failure for months or years before you really get things moving the way you’d like to.

Don’t be Ashamed of Falling for Scams

It’s embarrassing when you realize that you’ve fallen for a work at home scam. It happens to lots of us. That doesn’t mean you’re destined to fail as a work at home parent. It means only that you made a mistake.

The only way you fail by falling for a work at home scam is if you don’t learn anything from the experience. It may be painful, especially if you have to admit monetary losses to a spouse or other family members, but it’s something you have to do.

The prevalence of work at home scams is why it is so very important to really think before signing up with any opportunity. Do your research. Ask around. This will help keep you from falling for scams.

You May Not Always Earn What You Hope to Earn

Whether you find a work at home job, do freelance work or start some other sort of home business, you probably won’t always earn what you hope to earn. It’s not a good feeling to come up short on your goals, but you have to be realistic. It takes time to get things to where you really want them to be.

Be realistic with your financial goals, and don’t give up on them easily. You probably wouldn’t make your dream income working outside the home right off either. Most of us have to work up to it.

You Won’t Always Have Perfect Cooperation and Respect for What You Do From Family and Friends

Supportive family and friends are a huge help when you work at home. It’s hard to get everyone to take you seriously when so many people you know are certain that you’re getting scammed, or it won’t work out, or just don’t think what you’re doing is real work.

What matters is that you take it seriously. The people you know will take their cues from you on how to treat your work. A few may never get it, but the more seriously you take your work, the more seriously most others will take it too.

Working at Home Doesn’t Always Mean Working When You Want

There’s the old bit about how you can set your own hours when you work at home. It’s one of the most appealing parts of working at home. The problem is that it’s not entirely true.

Many people are dismayed to find out how many hours it really takes to successfully work at home. It’s not easy. You may work more hours than you would have outside the home. You can’t always choose which ones you want, at least not if you want to bring in an income. Sometimes your work hours are set by the needs of the kind of work you’re doing.

Working at home also tends to blend into daily life and family time. Your work is always right there. Learning to separate work and family time takes practice.

It’s even rougher when you have infants and toddlers who really need your attention. You may find their needs and the needs of your job or business don’t mix too well. Despite any intentions otherwise, many work at home parents do resort to paid childcare so that they can get work done. That’s not a failure. That’s dealing with reality.

Fortunately, you often will have flexibility. Be prepared, however, to deal with the times when you need to sacrifice some of the fun times to earn a living.

October 25th, 2010

Are Friends Taking Advantage of You Working at Home?

The flexibility that often comes with working at home is great. You can really be there for your kids when they need you.

The only problem is that sometimes other parents want you to be there for their kids too much. A little is one thing but too much interferes with your work schedule and can feel like a burden. It’s really hard to say no once the habit is built, but sometimes you have to.

Then there are your own family and friends who can expect that you’ll be able to help them out whenever they need it. This can be incredibly disruptive to your daily routine, but when they know your schedule is flexible, they don’t like to take no for an answer.

When to Say No

We all like to help our family and friends when they need us. The problem is defining when they need our help versus times that they need to find another solution because it’s taking too much of our own time. You have to know it’s okay for you to speak up when you can’t help out because it doesn’t fit in your own schedule.

Watching someone else’s kids is one of the most common issues for work at home moms, and whether it works for you or not depends on the situation. Watching a baby takes a lot more care than watching an 8 year old who plays well with your own 8 year old, and that’s a very different situation from watching an 8 year old who doesn’t get along with your own 8 year old.

The main point to remember is that if you don’t take your at home job or home business seriously, no one else will. If watching someone’s child or children interferes with your ability to earn a living, that’s a problem. You can’t watch their child, or at least not without appropriate compensation, and if you earn enough from your work, there may not be reasonable compensation that can be paid for the loss of work hours. Not that you can’t be there for emergencies, but when daily or even weekly visits don’t work out, speak up!

Even if you aren’t earning much, your ability to work and eventually create an income makes your work time worth something. Don’t treat your business as less than serious just because the income isn’t there yet, and don’t let anyone tell you it’s less just because the income isn’t there. The income won’t be there until you make your business work. That takes serious, focused work time. You can’t be doing too many things for others when you need to do your own work, just as you wouldn’t if you were working a job outside the home.

In fact, that’s not a bad criteria in a lot of cases. If you wouldn’t be taking time off work to help from an outside the home job, is it a situation where you should be taking time off your at home work? You should be treating your at home work just as seriously.

When to Say Yes

Sometimes you’re going to say yes when people ask you for help. Hopefully it’s something that fits into your work schedule, so you can still get the work done while helping someone who needs it. Other times, it’s just that the need is that great.

When it comes to watching someone else’s kids, sometimes it’s to your benefit to agree to help. That would be when having another child or children over means your own will need you less, and so you can work more. That usually doesn’t work out if done on a daily basis, in my experience, but occasional friends over have given me some wonderfully quiet days with my older kids. They’re having too much fun with friends to be trying for my attention. Better yet, friends often want to trade times, so you can get still quieter time by having your kids at their friend’s house. That can be worth a little lost work time.

Overall, the most important thing to remember is that you have to take your work seriously to get others to take it seriously. That’s how you can decide when to help out and when to remind people that you’re working just as they are.

March 1st, 2010

Why Does Starting a Home Business Sound So Good?

Lots of people want to start home businesses. It doesn’t matter whether they’re a stay at home parent or work outside the home. A home business often sounds like the way out of your financial troubles.

Considering all the challenges, why do people put so much faith in having their own home business? Do they really understand the risks?

Other People’s Success Stories

Hearing about how other people have succeeded in home businesses is a big reason why so many people want to start their own. It sounds so good! This person started a simple business in their garage and now makes millions. How can you resist?

Freedom!

Another reason people want a home business is for the freedom they believe it gives. Run a successful home business and you can go on vacation when you want, work the hours you want, have tons of time for your family, the list goes on.

Following Your Passion

Running your own home business is a great way to do something you love. What is it that you’ve dreamed of doing to earn a living? You can quite possibly do it as a home business.

Is It All True?

Here’s the kicker. Running your own home business can bring you everything you want. Maybe. If you’re one of the lucky ones.

More likely is that you will work hard for years building your home business. Maybe you make a living, maybe you don’t. You might even *gasp* fail! As with any other kind of business, more home businesses fail than succeed.

Your typical real home business success story is not a tale of a newly made millionaire. Those home businesses that succeed don’t all make big bucks. Many make just enough for the family to get by. Others run their home business for extra money while continuing to work their day jobs.

And don’t count on extra time for the family. While you can take time off as you please, most people running home businesses find it takes a lot of time to do it right, and there’s the temptation to keep working well beyond the hours that you would have worked a regular job, even with overtime and commuting.

Should You Bother Starting a Home Business?

None of this means you shouldn’t get started if you dream of owning your own home business. You should. You won’t succeed if you don’t try.

What you should be doing is taking the chance with your eyes open. Understand what you’re risking. Understand that success most often means long, hard hours of work before you see any payoff. Understand that you are taking a financial risk.

You might succeed wildly. You might fail miserably. You might be somewhere in between. But if you don’t try you will never know.


Disclosure: I often review or mention products for which I may receive compensation in the form of affiliate commissions. All opinions are my own.

Site Build It!

We respect your privacy. And we hate spam as much as you do. Your details will not be sold or rented to anyone.