« They Aren't on Your Time Frame - Practice Patience | Main | Now You See Me, Now You Don't - Mistakes of a Home Business Owner »
February 23, 2006
It Takes Money to Make Money - Yes It's True
Too many people are entering into working at home blindly and end up frustrated or throwing in the towel because they didn't plan accordingly. Unless you are extremely creative, with some special connections and a run of good luck, you cannot expect to start a business and not spend any money. I think at times a mom is so excited about the prospect of working at home that they jump in with both feet, but with no plan on what to do after they start their business. This is why I always stress to moms who are wanting to work at home to take their time, research the companies or ideas they are thinking about, and make a plan.
|
So many seem to go down the "what do I do now" path after they start a business, especially those that joined a direct sales/home party plan business. They may have had the carrot dangled in front of them about how easy it will be, about how much money they can make and about how they get to create their own work hours. They probably were not told about the monthly expenses that are inevitable which can range from: web hosting, phone bills, office products, training materials, postage, fees, a monthly commitment to buy products, and marketing/promoting their business. It is rare that a real business would require no money in order to run, build and grow it. |
Do yourself a favor, and plan as to what your monthly expenses will be. Think of everything that you possibly would need to keep your business going. There is something true about the cliché "it takes money to make money". Does this mean you need to have a fortune in order to start and run a business? No. But what is does mean that whether it be $10 or $1000 a month, a business does cost money to run. Those who think otherwise are not looking at a home business realistically or are not serious about keeping a business going. So, be smart, do your research and make a plan before jumping into the work at home arena. You will find more success in the long run if you do.
Posted by Cyndi at February 23, 2006 11:10 AM
Comments
Cyndi,
I agree with this so much and find it disheartening when people believe they can start a business and experience great success with no investment whatsoever beyond a kit. Direct Sales does offer the luxury of starting a business at a greatly reduced introductory cost but you must always consider what else you need to invest in to experience success with that business. There is a reason that kits are called "Starter Kits" - take that to mean - you will need to invest more to experience success. Decide what you are willing to invest in your growth beyond the kit. If you have to start out low, just realize the size of your growth budget will in part determine when and if you are going to experience success.
Donna Vogel
Visit me on the web:
http://www.scentstoinspire.com
Posted by: Donna Vogel at February 23, 2006 11:28 AM
Ask a mom, any mom - which would she rather do - Start a Home Business or be able to "work from home"? Becha most will say that they'd rather be able to work from home and earn money online or telecommute.
Who's buying when everyone is "Starting their own business"? Thousands of these "mom-related" websites promise to offer "help" to moms looking to work at home or be home based. Seems the only thing everyone of them offers is articles, links to other sites and info, info, info. Moms want info to actual companies that are hiring work at home and home based moms!
Posted by: Rebecca Lynne at April 3, 2006 10:50 PM
I agree, even a business with free startup has a cost. Trying to do a business with no money is just not realistic.
Posted by: Jen Geib at April 21, 2006 07:57 PM
Yes, ladies what you have commented on is really true. But I must say that even in starting a business that does not require a huge investment, the key is to stay focused on what you're doing. Consistency and effor is a huge reason why so many folks who have gotten into the direct sales business have succeeded. Even with limited funds available, many folks have been able to supplement their income monthly just by staying the course.It may take longer to grow your business but the effort does pay off in the long run.
Posted by: Anita McBride at December 18, 2006 04:53 PM
