A Work At Home Job Versus A Work at Home Business
Author : Pamella Neely
Which is better work at home business or work at home job? Without question, a work at home business is better; however, there are a few pros and cons to either option Here you will be able to get a better perspective plus tell you the top two reasons to stick with a regular job
At this moment in time, you may not be ready to jump into a work at home business and that is fine But have you ever considered that by doing a work at home job you are robbing yourself?
Top 2 Reasons To Start a Work At Home Business
1) Business owners build value and equity in their business Work at home job holders just get a paycheck
If you take a work at home job, you’ll have to keep working, hour by hour, as long as you want the money to come in As soon as you stop your work at home job, the paychecks will stop If you can take the leap and start a work at home business, you’ll not only get a steady income out of it once its up and running, but you’ll option to sell your business when the day comes that you no longer want to run it
Some people launch and grow their businesses with the goal of selling them later as the primary thought in their mind; others just get the business started and then, say, five years later decide they want to get out Either way works But getting $100,000 for selling your business after five years beats the pants off just calling your boss and giving two weeks notice
2) Business owners can hire help Work at home job holders have to do it all themselves
As a business owner you can do whatever you like – so long as the results keep you in business Your business will actually do better the less you work IN it, and the more you work ON it So your “job” as the boss is to create systems for getting things done, complete with idiot-proof instructions that practically train people themselves As soon as each system is created and running smoothly, the boss (you!) finds someone to follow the directions Then that new person does the job you used to do, and you get to either take a break or continue building the company and its profits
Two Top Reasons to Get a Work at Home Job
1) Risk
This is the biggie Most businesses fail There are things you can do to radically improve your chances of success (like writing a detailed, real-world business plan and interviewing 3-5 business owners in the same industry you want to go into), but no plan is perfect By sticking with a work at home job, you can count on that paycheck and leave how the company is going to fund that paycheck to someone else’s headache
2 Business Is Work- Forget what you see in the movies or assume about your boss, images of him or her lounging around the office pouring drinking cocktails is a fantasy A business owner likely works harder than anyone does on his or her payroll You as an employee get to quit for the day and join your family while the boss is toiling away until midnight
You can delegate obligations as suggested in #2 above, however work seldom runs out and most of it all comes due at the same moment You will need to be able to shift quickly from one task to the next and wear many hats so to speak The only way out of this is to have a flawless business plan in place and the money to cover it! Otherwise, you may be better off with a work at home job There is no mistaking that the rewards are better with a work at home business but not if it lands you in the hospital with a coronary
Pam Neely writes about how to find real work at home jobs.
Syndication Source: Thought Search Articles
Filed under: Wealth Creation
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