SELECTED PRESS RELEASE:
posted on: 7/26/2012 5:33:41 PM EST
Are You Qualified to be Your Own Boss?
home based business, home business, work at home, xpress healthcare, ameriplan

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Nearly everyone, at some point in their lives dreams about being their own boss. Some want to own a restaurant, a retail store or a million other types of brick-and-mortar businesses. Almost as many people want to be their own boss at home. Owning a home business is a fantasy for most, but for more and more people today, it is becoming a reality.

For those who actually take the huge step from their j-o-b to a home business, it can be overwhelming, challenging and even a bit frightening.

To be perfectly honest, not everyone should own a home business. Not everyone has the qualifications and character it takes to be successful working for themselves. So, what does it take to run your own home business?

In my opinion, the number one requirement for a home business owner is Self-Discipline. You no longer have a boss to tell you what to do. There is no work schedule requiring you to be at a certain place at a particular time. You go from a structured job environment to what many think of as “freedom.”

Those who are successful working for themselves at home generally create their own structure. Most decide upon a work schedule as though they were going to a job. I work my home business full time, so I begin work early in the morning. I take a ½ hour lunch break, and I’m back to work again until early evening. Some evenings, I host team calls, so I work even later on those days. I am a pretty strict boss. I make myself work six days a week, but Saturday's I do stop working earlier than other days.

Sure, I will allow myself to deviate from the schedule occasionally, but for the most part, I work my “schedule” as though I am expected at a job.

One of the many advantages of a home-based business is the many wonderful tax deductions, but that brings up another requirement. Home business owners must maintain good records, tracking income and expenses carefully. If you drive anywhere for your business, you must record your mileage and/or vehicle expenses.

When you are self-employed, you do not receive a W-2 at the end of the year. Instead, if you represent a company, they will send you a 1099 that you will use to file your taxes. Many of us leave the actual tax filing to an accountant or financial advisor, but we still must maintain the records from which our representative can complete all the documents to be filed.

For those with children living in their home, distractions can be a problem. Your work schedule must be planned around their nap or bed time or while they are at school. If they are older children, it must be made very clear to them that you are not to be disturbed during particular hours or while you are on the phone.

Depending on what business you select, you may be receiving and/or making phone calls. Do you like spending time on the phone? Are you outgoing and friendly or quiet and shy? If your business requires you to speak with strangers – prospects and/or team members - will you be comfortable doing so?

If the business you choose is in network marketing, can you work well both independently and with a team? Team work is important in network marketing, so if you prefer working alone, you may want to pass on that industry.

These are just a few of the requirements for a successful home-based business owner. Before you quit your job and jump into your own business, I suggest that you think long and hard, and determine if you truly are willing and capable of being your own boss. If you are, I am glad to welcome you to the world of the self-employed.



BUSINESS OWNER COMMENTS:  leave comment
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Paul Stanton    321 day(s) ago
I agree, without Self-Discipline a person won't make it in their own business, home or otherwise.
 
John E Brown   321 day(s) ago
A different set of values right! as an entrepreneur You are the ultimate factor in your income level> It's not like a job where you just show up and get paid a fixed amount but that's the good Part. No One can hold you back but You! Congratulations Jules' good post to share and You make a Fine Featured Member for Today and everyday!
 
Lisa Miller   321 day(s) ago
Great read!
 
Don Merrill   321 day(s) ago
Congratulations, Julie. I mentioned you in today's blog post. I will tweet this post for you.
 
Albert Morin   321 day(s) ago
Excellent Blog, and great read!
 
Carol Brotherson   323 day(s) ago
Well put together Julie, is not even about the qualifications. The distractions, maintaining the motivation which does involve working on your own and can lead to feelings of isolation. You mentioned working with your team which is key.
 
Alberta Deas   326 day(s) ago
Thank you Julie for encouraging and informing us of some of the requirements for home-based businesses. The information you gave is most helpful. Even though many of us want to do business at home in a professional way do not have the discipline to say no to friends and relatives when we are working.
 
Steve/Vicky Bruce   326 day(s) ago
Thanks Julie, you have to have a schedule, that's what keep you moving in the right direction..have a great weekend and GO IBO
 
Julie Klein    326 day(s) ago
It would be great if everyone determined IF they are qualified to be their own boss before wasting time and money. Silvia, you are so right that not everyone can or should work from home. A home business is one option, but it isn't for everyone. Thank you all for your feedback.
 
Silvia Shamus   326 day(s) ago
Not everyone can be their own boss and thats ok. We must focus on what our gifts are and not try to push hard something just because of the $$ factor
 
Cynthia Barbour   326 day(s) ago
That was a great blog post Julie. Very well put indeed
 
Lucky Tony   326 day(s) ago
what a great blog post! Thanks!
 
Brad Wheller   326 day(s) ago
Thank you, Julie Klein - Xpress Healthcare. A great article that is a must read before anyone goes into any business for themselves. God luck have fun, Wberad!
 
Sabrina Campbell   326 day(s) ago
Nicely done, but another option is to work from home part time untill you are making enough to replace your j-o-b income before you work full time at home. Shared and tweeted.
 
Cheryl Hess   326 day(s) ago
One of my favorite things about having my own business is that I am in control of my destiny. Great post, Julie!
 
Julie Klein    326 day(s) ago
I really appreciate you all taking the time to read and comment on my blog. There is some great feedback here!
 
Kimberly Booker   326 day(s) ago
Thanks for this great blog & information, Julie. Have a great day!
 
Mike Simons   327 day(s) ago
I like this blog. You are right on the mark here once again Julie. I can tell you put a lot of thought into writing this, its a great topic, and very well done. Looking forward to reading your next one.
 
Beth Wirht   327 day(s) ago
Hi Julie - I do believe that self discipline is the most important part of being a home business owner, it is so easy to get distracted while trying to work. Thank you for you blog.
 
Rob Cenname   327 day(s) ago
Very good post Julie, thanks for sharing it. tweet it for you.
 
Anastasia Venditti   327 day(s) ago
Great blog Julie. Thank you for sharing. I agree with what you said.
 
Tracy Wondaal   327 day(s) ago
Great Blog Julie... Self Discipline is a must. It can be so easy to want to put things off or to take the day off, but you have to remain focused and on track if you want to succeed.
 
Tony Kelly   327 day(s) ago
Great blog thanks for sharing
 
Don Sabelhaus    327 day(s) ago
Thanks for sharing your thoughts on the pluses and minuses of a HBB Julie, I agree with your assessment that self-discipline is a must if you're going to be your own boss. TB&L my friend
 
Renee Flategraff   327 day(s) ago
Great information for people who are just starting out or thinking of starting a home business. It is just as much work as a regular job at least in the beginning. Good of you to write this so more people understand what it means to own a home business.
 
Julie Klein    327 day(s) ago
I can always count on some great feedback on blogs. I enjoy reading some of them as much as I do some blogs! Thank you all for reading & commenting.
 
Sigurd Skeie   327 day(s) ago
A very good one Julie, with a lot of good "tips" really. I can really like to read this, and recommand it for more people to see Thx for sharing your blogs with us Sig
 
Sue Mitrisin   327 day(s) ago
Telling it like it is for sure Julie. This another reason why the home based or network marketing business has so many "quit" doesn't it? Discipline!
 
Will Hill   327 day(s) ago
Great information. thanks for sharing it.
 
Joan Hall   327 day(s) ago
Thanks Julie for this comprehensive, down to earth and informative post on the realities of managing a successful, responsible home business. Wishing you continuous, growing success!
 
Julie Klein    327 day(s) ago
Thanks for reading and commenting on my blog Luis.
 
Annemarie Berukoff   327 day(s) ago
Excellent blog Julie. Someone said that self-discipline can be measured in ounces whereas self-regret can weigh a ton. Give a couple hours of discipline anytime! Great advice.
 
Alan Carroll   327 day(s) ago
Good Blog Great subject and good info.Thanks for sharing
 
Luis Figueroa   327 day(s) ago
Sellf discipline is very important when it comes to owning or managing a business. Not everybody has it, but they can still learn. Thank you for sharing this great info Julie!
 


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