Working
At Home...Should It Be A Job Or A Business?
by: Kirk Bannerman
You
have decided to work at home (either by choice or necessity) and
now you are faced with the decision as to whether to pursue a work
at home job or to start a home based business. That may sound like
a minor distinction, but the differences can be significant.
A
general psychological characterization of the entrepreneurial spirit,
says they are typically people who have a high energy level, set
long-term goals, feel quite self-confident, and view money and financial
security as a measure of accomplishment and piece of mind.
They
are further characterized as problem solvers, who take risks, learn
from their failures (as well as those of others), accept personal
responsibility, seize the initiative, and use all available resources
to achieve their success.
Entrepreneurs
compete with themselves and believe that success or failure lies
within their personal control or influence. They do not see setbacks
as failures, but rather as learning experiences. Most of all, they
exhibit persistence and tenacity, never giving up and never quitting
the quest for success.
If
you fit most of these criteria, you would probably elect to start
a home business instead of undertaking a work at home job.
However,
the decision to work at home does not necessarily mean that you
want to be the owner of a business. You may prefer working at home
for an already established company. This is often easier to do than
owning a business yourself and you may not want all the headaches,
responsibilities and obligations that come with owning your own
business.
Regardless
of which path (job or business) you choose, the first step is to
figure out what business or work-from-home opportunity you want
to pursue. There are many excellent information sources such as
public libraries and Internet sites that list seemingly countless
home business and work at home job opportunities. The abundance
is so great that it might well lead to confusion.
One
of the most important factors is often overlooked. This is your
personal inventory. Often this will yield some direction and focus
to the business or job selection process. Assess yourself and your
situation. Write a resume for yourself that includes your background,
education, training as well as any particular on-the-job skills
you possess that could possibly be used in a venture or job. Also
look at your leisure-time activities and hobbies, because many businesses
result from a person following their "passion." Ask yourself how
much time you can realistically put into a business venture, given
your present commitments.
Once
you have determined the general type of home business or work at
home job that you want to undertake, it is of critical importance
that you do your homework (research) to select the specific opportunity
where you are going to make your “investment” (some
combination of time, effort and money) in working at home.