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Many People Want to Work from Home
Unfortunately, working from home isn’t as easy as some portray. Many individuals and companies are willing to tell you it is, if only you buy this book, program or software, their agenda is to make money from you.
A Bit about Who I am
I have no agenda other than to help people by what I have learned from nine plus years working from home trying to build a business online. I began this journey three years after retiring from a job I held with a company for thirty-seven years.
The company was downsizing and wanted older employees to retire with a package that was hard not to accept.
Because of medical conditions, my wife and I decided it was time to take PacBell up on their offer. I retired in December of 2003 and began my journey my way in February 2006.
Along my journey, I added other services because the company I was contract with asked me to edit a manuscript besides the reviews I was writing for them. Through that company, I began to contract for another company as a reader and writer.
I would read books and determine if a book was worthy of being printed and to write a review if my opinion was yes the story should be considered for publication. Almost the duties of an acquisitions editor.
I have interned as a copy editor for and online site and worked freelance from job boards. I mention this only as a bit of background of what I’ve done from home.
Work from Home
First, ask yourself why you want to work from home.
- Be your own boss
- More time for life (Family, friends … etc.)
- Something you feel qualified to do (Would you do it if you never received money for it? This is what passion is all about.)
- Make some extra money
Second, forget about life work balance if you want to grow your business and be able to afford to quit your 9 to 5 job. Until your work from home scheme is able to pay for your present lifestyle, don’t quit your day job.
Third and perhaps the most important, how many hats you are willing wear in your business.
Hats? Yes, hats. Let me list a few hats unless you have deep enough pockets to outsource them.
- Office manager
- Business plan writer
- Content writer
- Data Processor
- HTML manager
- SEO manager
- Social media manager
- Web designer
There may also have to wear other hats that may crop up while running a business. You must be quick on your feet and flexible. There are always challenges and opportunities to learn more about being a contract employee.
There may be state, county, and local licenses and taxes that may be required to run a business from home.
As a work from home freelancer, you will be responsible for health insurance, business insurance, records, keeping books for the IRS if you are in America. You will be paying quarterly taxes.
How will you conduct your business? You will need to consult an attorney to make a decision to be a DBA (Doing Business As), LLC (Limited Liability Corporation), or an S or C Corporation.
Each has pros and cons. I highly recommend you consult an attorney to explain the differences to you so can make an informed decision.
What do you need to Work from Home?
- High speed internet
- Computer with sufficient RAM and Hard drive space for business only
- A dedicated business telephone line
- A dedicated workspace free of distractions
- A separate business bank account
As you can see, working from home is far from as simple as some think. It is hard work and long hours to create a thriving home based business.
It is not all downside; there are many benefits to working from home, one needs to look at the reality of working for themselves in a home based business.
Any business is hard work and long hours to make is successful.
If you decide to go into business, think about what I’ve said here and be clear about what your motives for going into a home based business are.
Freelance Writer, Blogger, Editor, Proofreader, and Reviewer learning marketing