The Five Biggest Challenges to Starting an Online Home Based Business
Let's face it, starting an online home based business takes a lot of courage and a lot of effort.
Contrary to what people think, it really can be quite challenging and not an easy ride.
I know this because I've taken this path and have my own experiences and struggles that will be forever etched in my mind.
The point of me bringing this up is not that I'm trying to scare you, but to get you ready to face the fact that it will be a tough climb up the hill to success.
With that, I want to explain five of the biggest challenges that you will face in starting up an online home based business.
I am sure that everyone will face these challenges at one point or another and at least understanding them will give you a better perception of what they are and what you need to face on your path to success.
Challenge #1 - Lack Of Support This was one of the greatest challenges I faced.
It is really true when people mention the saying, "Taking The Road Less Traveled.
" My parents did not support any entrepreneurial decision I made as they were blue collar workers for most of their lives.
Unless your parents are entrepreneurs with open minds, sometimes, no one believes you when you attempt to start an online home based business.
When I look back on my own experiences, I don't blame the people that didn't support me, because they only based their decision on what they felt was right, thinking that what they thought was the best for me.
Only when I was making a full time replacement income did they believe in me and sometimes you gotta show people the money before they will.
Challenge #2 - Boundaries This is somewhat related to the first challenge and actually deals with setting aside a work area dedicated for business.
We really need to make the determination that our online home based business is serious business.
Our friends and families do not understand this in the beginning.
For myself, I have a wife and daughter and they would always constantly come over to ask me to help them with things or ask me to play.
Although I love them very much, I needed to set a boundary where my work area is specifically for work and there shouldn't be any interruptions and personal phone calls.
Challenge #3 - Time Management Working an online home based business gives you a lot of time freedom and sometimes in the mix of it all, you get lost with all that freedom that you gain.
Of course, when you decide to turn your online home based business into a full time venture, you hopefully have enough income generated to replace your full time job.
Looking back at my own experiences, it was really easy to loose track of time as I didn't keep track of my time by setting goals and keeping a schedule.
You can very easily underestimate the time it takes to perform a certain task and not allot enough time to complete it.
When you do decide to go full time, you need to be focused, set precise goals and keep to a dedicated schedule of time to do your business.
Challenge #4 - Too Much Independence America truly is the land of life, liberty and the pursuit of happiness, but there is a point where there can be too much happiness.
Owning your own online home based business means a lot of independence and if you don't know how to control this, it can lead to problems.
When you first start off on your own, you really do get into the whole idea of waking up late, the comfort of not having to commute and not needing to work with people, whether it be people you like or don't like.
This independence can quickly lead to dissociation from the outside world and lead to withdrawing into your own world.
No matter what happens, we have to understand that there is a whole larger world out there and social interaction is very important.
When you do go on your own, join social network groups and communicate to other online home based business entrepreneurs to keep your mind in the right place.
Challenge #5 - Getting Out Of The Loop Getting out of the loop can somewhat be tied to challenge #4 because it deals with staying informed and being on top of what is happening within your industry.
In the online home based business environment, keeping informed is a huge part of our success as new developments within the Internet world threatens to change the way we do business each and every day.
I remember eight years ago when the Internet was still a very new environment and business sites were not all that complex.
You could literally setup a very basic site and still draw a lot of business.
Today's Internet has changed, becoming an environment filled with sounds, video and interactive virtual worlds.
We need to understand Web 2.
0, search engine optimization, article marketing, blogs and other tools in order to succeed and that means keeping in the loop.
So each person should belong to an online group or community, this way, this will keep them informed and on top of the latest Internet developments.
Explaining the five challenges above will hopefully give you a better idea of what you will face in the near future as you begin your path to success with your own online home based business.
These challenges can be overcome and so shouldn't lead a person to give up in their business.
Just remember that challenges only make us stronger and fortify us with new tools and weapons in our daily battle for success.
I only wish the very best of success for everyone as they take the road less traveled.
Contrary to what people think, it really can be quite challenging and not an easy ride.
I know this because I've taken this path and have my own experiences and struggles that will be forever etched in my mind.
The point of me bringing this up is not that I'm trying to scare you, but to get you ready to face the fact that it will be a tough climb up the hill to success.
With that, I want to explain five of the biggest challenges that you will face in starting up an online home based business.
I am sure that everyone will face these challenges at one point or another and at least understanding them will give you a better perception of what they are and what you need to face on your path to success.
Challenge #1 - Lack Of Support This was one of the greatest challenges I faced.
It is really true when people mention the saying, "Taking The Road Less Traveled.
" My parents did not support any entrepreneurial decision I made as they were blue collar workers for most of their lives.
Unless your parents are entrepreneurs with open minds, sometimes, no one believes you when you attempt to start an online home based business.
When I look back on my own experiences, I don't blame the people that didn't support me, because they only based their decision on what they felt was right, thinking that what they thought was the best for me.
Only when I was making a full time replacement income did they believe in me and sometimes you gotta show people the money before they will.
Challenge #2 - Boundaries This is somewhat related to the first challenge and actually deals with setting aside a work area dedicated for business.
We really need to make the determination that our online home based business is serious business.
Our friends and families do not understand this in the beginning.
For myself, I have a wife and daughter and they would always constantly come over to ask me to help them with things or ask me to play.
Although I love them very much, I needed to set a boundary where my work area is specifically for work and there shouldn't be any interruptions and personal phone calls.
Challenge #3 - Time Management Working an online home based business gives you a lot of time freedom and sometimes in the mix of it all, you get lost with all that freedom that you gain.
Of course, when you decide to turn your online home based business into a full time venture, you hopefully have enough income generated to replace your full time job.
Looking back at my own experiences, it was really easy to loose track of time as I didn't keep track of my time by setting goals and keeping a schedule.
You can very easily underestimate the time it takes to perform a certain task and not allot enough time to complete it.
When you do decide to go full time, you need to be focused, set precise goals and keep to a dedicated schedule of time to do your business.
Challenge #4 - Too Much Independence America truly is the land of life, liberty and the pursuit of happiness, but there is a point where there can be too much happiness.
Owning your own online home based business means a lot of independence and if you don't know how to control this, it can lead to problems.
When you first start off on your own, you really do get into the whole idea of waking up late, the comfort of not having to commute and not needing to work with people, whether it be people you like or don't like.
This independence can quickly lead to dissociation from the outside world and lead to withdrawing into your own world.
No matter what happens, we have to understand that there is a whole larger world out there and social interaction is very important.
When you do go on your own, join social network groups and communicate to other online home based business entrepreneurs to keep your mind in the right place.
Challenge #5 - Getting Out Of The Loop Getting out of the loop can somewhat be tied to challenge #4 because it deals with staying informed and being on top of what is happening within your industry.
In the online home based business environment, keeping informed is a huge part of our success as new developments within the Internet world threatens to change the way we do business each and every day.
I remember eight years ago when the Internet was still a very new environment and business sites were not all that complex.
You could literally setup a very basic site and still draw a lot of business.
Today's Internet has changed, becoming an environment filled with sounds, video and interactive virtual worlds.
We need to understand Web 2.
0, search engine optimization, article marketing, blogs and other tools in order to succeed and that means keeping in the loop.
So each person should belong to an online group or community, this way, this will keep them informed and on top of the latest Internet developments.
Explaining the five challenges above will hopefully give you a better idea of what you will face in the near future as you begin your path to success with your own online home based business.
These challenges can be overcome and so shouldn't lead a person to give up in their business.
Just remember that challenges only make us stronger and fortify us with new tools and weapons in our daily battle for success.
I only wish the very best of success for everyone as they take the road less traveled.
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