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Pitfalls
of Home-based Business and
How to Avoid Them
Work
at home in your pajamas!
Be accessible to your kids.
Keep overhead costs down.
E-mail
ads entice you, your parenting heart suggests you to be
closer to the kids, and your pocketbook requires that you
keep costs down. While more and more successful
businesswomen are working from their homes, there is a downside
to be aware of.
1.
Isolation: While some businesses require
constant networking, others don’t. The
danger many coaches, speakers, home day care providers,
and others face is isolation. Isolation can drain one’s
energy and reduce productivity, lower one’s self esteem,
and shut down sales. Barbara Sher, author
of the best seller Wishcraft: How to Get What You Really
Want*, warns that “Isolation
is a dream killer.” Here are some
suggested ways to avoid isolation:
• Join a network,
service club, and Chamber of Commerce.
• Set aside a certain number of mornings
for coffee appointments, or book two or three lunches
a week.
• Read Never Have Lunch Alone
by Keith Ferrazzi** .
• Take time to research
or plan in a busy bookstore.
• Take a morning retreat with another
business person where you take turns brainstorming marketing
ideas and exchanging information with each other. Share
areas of frustration and exchange solutions.
You’ll find
that incorporating these social times into your calendar
will keep you sharing ideas, connecting with other business
people, and prospecting, the never-ending process of finding
qualified business leads.
2.
Interruptions: Children,
spouses, and elderly parents tend to interrupt more when
you have a home-based business than if you were employed
at a job. Although you might have started
your home-based business to be more accessible to family
members, you will need to
set some boundaries. Here are several ideas
that work have worked for different business owners:
• Hire a “mother’s
helper” or young teenager to entertain small children.
• Establish a “sign” for “do
not disturb.” This could be a gesture when you are
on the phone, or an actual sign in your office space.
• Close the door (if you have an enclosed space)
and refuse to open it during work hours.
• Determine specific
hours of operation for your business, so that you are
truly available and 100% present to family members during
off hours.
3.
Distractions: Believe it or not, there is an appropriate
time to ignore the dishes sitting in the sink. “I’ll
just clean the house so I can concentrate,” is a key
pitfall. If you didn’t clean the house
on the weekend, then your Monday morning work time is NOT
the time to do it. Other rules of thumb include:
• Make sure
your work area is away from television.
• Clear your desk at the end of the day:
start neat and orderly.
• Other people’s stuff does not
belong in your office space.
• Refrain from ordering
presents on eBay during office hours and reading all the
email “forwards” that your cousin and girlfriend
send you. Computers can drain your time
quickly.
4.
Lulls in your motivation: Inevitably you will lose some
of your steam after the initial excitement wears off.
Keeping yourself motivated to make sales calls and to make
things happen takes discipline, entrepreneurial spirit,
and a business plan. If you
do not have a plan, you will wear out much quicker. Here
are some other ways you can keep your inner fire burning:
• Post your
mission statement where you can see it.
• Write a vision statement
and post it as well.
• Put affirmations on your computer
that express your inner desire to serve through your business.
• Begin the day with inspirational reading.
• Log your baby steps, small successes,
and major triumphs every night.
• Attend any “Business
of the Year” celebrations; the descriptions of the
winning business person are very inspirational.
• Keep learning.
Research on the Internet and in bookstores.
• Join and attend
association meetings for your industry.
• Set goals and
celebrate when you reach them.
• Join a Toastmasters
Club and work on your presentation skills. You will be
with other motivated achievers who aspire to be better.
• Hire a coach.
A coach becomes a partner who asks smart questions and
is invested in your success. Most coaches offer a complimentary
session so you can see whether or not you are a fit.
5.
Burnout: Take care of yourself. This means developing routines
whereby you go to the gym, have your hair done, get a massage,
and eat healthily. Even getting dressed
is important. Research has
proven that sales people get better results when they are
dressed up rather than on “casual Friday.” So
toss the pajama idea.
• Know when
to stop. If you tend to work at night, set a time that
you will absolutely stop whatever you are working on to
wind down and relax.
• Be sure you get plenty of sleep.
• If your mind is churning, take yoga
or purchase a good tape of stretching exercises that help
you get grounded in your body.
• Keep a good, “escape
book” next to your bed. Your mind needs a break.
Finally, take retreats.
Leave your office for a day retreat, and leave your home
for a real vacation. Changing environments recharges your
spirit and gives you a new perspective.
When you avoid
these pitfalls with careful planning, boundaries, and a
commitment to rituals that care for yourself and your clients,
your home-based business will grow without robbing you of
your sanity.
*New York: Ballantine
Books, 2003.
**Ferrazzi, Keith, and Tahl Raz. Never Eat Lunch Alone
and Other Secrets to Success, One Relationship at a Time.
New York: Currency, 2005. |