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The Emotional Highs & Lows When Starting A Home Based
Business
First Published: Sep 2004
Last Update: Sep 2004
Author: Kirk Bannerman
The emotional aspects of starting a home business can have you experiencing high
highs and low lows. In addition to the immediate luxuries of being your own
boss, setting your own
working hours, and avoiding a stressful commute, there are also significant
things on the other side of the ledger...starting and building a home business
is not just an automatic trip to the promised land.
The need for self discipline is important...since you don't have a boss and a
place to report for work, it is now up to you to schedule your time and perform
productive tasks on your own.
Set actual work hours. Decide what hours you are going to work each day and
stick to it as much as possible. This is one of the beautiful things about a
home based business...you get to make
this choice based upon your own personal situation for that particular day.
Make "to do" lists for each day. Then, as you complete the items, check them off
the list. You can transfer anything you don't get done on a particular day to
the next days list and make some
notation so that you can see that it is a carryover from the previous
day...however, remain constantly aware of the procrastination trap which leads
you to keep putting things off
until tomorrow. Hopefully, this will help you to stay organized and on task and
allow you to make some real progress in developing your home based business.
In the early going, one of the most difficult things about developing a new home
based business is dealing with the emotional roller coaster that can result from
the highs (successes) and lows (temporary setbacks) you are almost certain to
experience. Once you have done the research and decided on a particular home
based business opportunity, you really need to focus on PERSISTENCE and realize
that any real business will not just automatically become successful in days or
weeks...you should be prepared to give it your best effort for at least 6 to 12
months in order to begin to build a solid income base.
Highs and lows were something that I began to notice when I first started a home
based business. I have many years of top level management experience in
"traditional" corporations and have
experienced lots of business cycles (corporate "ups and downs"), but the natural
"ups and downs" that occur in a home business (particularly in the early stages)
can be emotionally brutal if
you don't prepare yourself in advance for the fact that it is a basic law of
nature...it will be a rocky road until you have spent enough time and effort to
build your business to a level that sort of smoothes out the peaks and valleys.
The impact of the highs and lows you will probably experience in developing your
home based business is amplified by the fact that you are now in business on
your own. You are the boss and
get to make all the decisions, but you are also on your own in dealing with the
frustrations that will occur along the way while you are developing your
business.
About the Author
Kirk Bannerman operates a successful home based business and coaches others
seeking to start their own home based business. Visit his website at
Legitimate Home Based Business for
more details.
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