Guest Writer, Marcia Passos Duffy
Marcia Passos Duffy (shown with Sadie) is a Freelance Writer, Author and Publisher who has been writing for over 20 years. She also owns her own Internet publishing business, Backporch Publishing, which publishes The Heart of New England, an online magazine, and Home Office Weekly. She also provides writing consulting services and co-owns a personal history and memoir publishing company, LifeStories.
It is my pleasure to introduce Marica.
Should you Start a Home Business? Nine Questions to Ask Before You Take the Plunge
If you have a 9 to 5 job, you no doubt have had some very pleasant daydreams about working from home. You know the kind: you wake up any time you like, put your feet up on your desk (complete with your fuzzy slippers), blithely start a load of laundry between phone calls, happily plant flowers during your lunch break, grab your laptop and head to the park with your kids.
Working from home is the dream of millions of corporate workers who would love the freedom of being their own boss. While there is a definite upside to working at home (yes, you can wear your fuzzy slippers whenever you like!), do you really know what it takes to work day-in, day-out from your home?
There are certain characteristics of a successful home business owner that have little to do with the love of unfettered freedom (although that certainly does help).
Before you take the leap and join the ranks of the 20+ million Americans working from home, ask yourself the following questions:
1. Do you have an entrepreneurial spirit?
You need to be self-assured and have an “I can do it myself” attitude. Period. Okay, you can have your weak moments, but overall, you do need to have confidence in yourself and your talents and the ability to communicate that to other people, namely, your potential clients.
2. Do you have a working knowledge of finance, marketing, record-keeping and secretarial skills?
Don’t be fooled into thinking that because you’re “the boss” that you are exempt from grunt work including dusting your own office furniture and backing up your own computer files. While there may come a time when you can hire people to do this for you, you will drive yourself into bankruptcy if you have a prima-dona attitude.
3. Are you an expert at something?
You need to have a solid idea of what kind of business you will have at home. Having several years of experience in your line of work in the corporate arena will be invaluable in helping you get clients which will be the lifeblood of your business.
4. Do you have a cushion?
Not only for your chair, but in your bank account. You will either need a spouse working full-time with benefits and/or three to six months of living expenses tucked away in a savings account.
5. Can you work alone?
Can you live without the water-cooler gossip, meetings, lunch with colleagues every day? Running a home business can be a lonely proposition. However, this can be remedied by joining a network of other work-at-home professionals or your local Chamber of Commerce. Once you’ve made those connections that sense of being trapped on a desert island will begin to disappear.
6. Do you have a strong work ethic?
If you work from home, it is all too easy to get distracted by things that have nothing to do with work like Internet chat rooms, the TV, the neighbors, you name it — and can easily sap your time, which IS money.
7. Do you have the support of your family?
Working from home can seem like you are not working at all, after all, who is looking over your shoulder? It is easy for family members not to take what you do seriously, particularly if you don’t take yourself or your business seriously. Make sure you set yourself up with an office that is not used for anything else this is particularly important for tax purposes if you want to deduct the space of your home office. You also need to explain your work arrangements with your friends, former coworkers and family and set definite office hours so you will not be endlessly interrupted by family members or friends who discover you’re “at home” and available to run errands.
8. Do you have passion, a vision, and a desire to succeed?
You need to love what you do. A threadbare cliche? Perhaps, but at the end of the day, what’s the point of having a home business if you are not nuts about it? That zeal is what will get you through the rough spots and keep you plugging away when you start to think that maybe you’re crazy for starting a home business.
9. Do you know how to keep it all in balance?
Ironically, running a home business can leave you little time to be with your family because you’re always working. It is important to be able to put up a strong barrier between your family life and work life. Not doing this will lead to burn-out and very strained family relationships. And, isn’t that why you wanted to leave corporate life in the first place?
About the author: Marcia Passos Duffy has worked happily from home for over 10 years. She is a freelance writer and the publisher/editor of Home Office Weekly, a free online publication to help the novice and seasoned home business owner successfully work and live under the same roof.
To find out more about Marcia and her expertise, visit her page on The Heart of New England/business writing services page.
Technorati Tags: Marcia Passos Duffy, Work at Home, Freelancing, Writers, Guest Writer
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