Kamis, 17 Mei 2012

Home Based Business

This is an interesting topic which I personally love to discuss. The other day I was visiting my friend and we were generally discussing about new ideas of business. It was than we ended up discussing about home based business ideas. Yes, you heard it right, we were discussing about home based business ideas.

Today, having a family and being with them is what we all long for. If most of the time we are away from our families working for someone and doing a 9 to 5 job, what remains with us for spending quality time is hardly anything viewing the time it takes to reach home after bypassing heavy traffic and other chaos enroute on our way. That is when we though about beginning some home based business.

We both came across some cool home based business ideas. Apart from our profession, we have listed down few of the common home based business for self employed entrepreneurs.

1- Accounting - Since we both are from Accounting background, we were planning to set up an Accounting business at home, where we can contact companies and prepare their financial reports, accounts receivables and payables, tax planning, payrolls, balance sheet etc. This will allow us to work peacefully within home environment and without much distraction. What we will require is a separate telephone connection, a computer with an internet connection and a fax machine.

2- eBay - If you love online auctions, than this is one great home based business idea. Whoever is willing to sell their items such as a car, bike, boat, or even houses can contact you to place their advertisement on eBay. Get clients, show them the item and make a decent commission on the sales made by you. Believe you me; this is something that can get a person addictive to eBay.

3- Pet Grooming Centre - I have personally seen my friends who have started their own pet grooming centre at home. All it takes is just 1 pet per day. And mind you, people don't mind paying pet groomers any amount as long as their pet is happy with the groomer. A little bit of experience and a pet training course is mandatory but nevertheless, this can be one enjoyable job and one of the best home based business ideas.

4- Answering phone call business - Many clients whose calls are transferred to a voicemail often hang the phone without the need to speak on voicemail. This happens when the business hours are over or when the proprietor of the company is traveling. During such period they want someone to attend their business calls and inform them accordingly. You will need a separate phone connection and good diction of English language and local language to begin this business. If you can get 3-4 such clients, you can definitely make good income.

5- Freelance photographer - If you are one among the few who are frequently complimented for beautiful photographs, this can be some of the great home based business ideas as freelance photographers can even auction their photographs over eBay or even conduct photography exhibitions where people can view and purchase the photographs at a premium paid to you. You will require a SLR high resolution top of the class camera for this business.

Rabu, 02 Mei 2012

6 Helpful Tips for Entrepreneurs, How to Overcome Fear of Starting a Business

How do you feel when you see successful people on the spotlight? You think that I will follow that path too. When you are actually trying to duplicate their success, it is pretty tough. You may start complaining that you don't have enough skills, no knowledge, etc. The first thing that you need to do when you set your heart to be a solo entrepreneur is to develop emotional maturity, managing your business fear. Ask yourself if you have any fear of starting a business. Have you seen the iceberg? The 90% of iceberg part is invisible, submerged beneath the water. Your subconscious mind is like 90% of iceberg part. You accumulate past experiences in your subconscious mind, and it controls your actions and behaviors today. How can you change your old benefit or your mindset? You can't change it overnight, but it will change gradually as you set to acquire a new belief.

Here are my tips for solo entrepreneurs, how to deal with the fear of starting a business:

    Identify your fear of starting a business. Make a list of your fear and how you are going to work or to solve on each of your fear in business.

    When your negative thought of fear keeps coming, you need to have a positive affirmation to replace your fear gradually.

    Identify your weakness in business. If your weakness is the root of your fear in business, do something about it, learn the skills. When your skills improve, your business fear will subside.

    Identify and think of your strength, interest and abilities that make you feel good, confident and be proud of you.

    Join a community which can offer a support. I feel grateful that I find the right community. I receive feedback and support. W are growing together, to encourage, to lend a helping hand and to cheer on someone's achievement. As a human, we need praises and compliments to build our self-worth. The law of association is working; associate yourself with successful, positive or influential people and they will determine your future.

    Hire a coach or a consultant. Why do you need a consultant? If you have challenges in your business, and if you need advices or someone to brainstorm with you for a solution, you need to hire a consultant. Don't get defeated in your obstacle, but get a help. Why do you need a coach? You want to achieve your goal, and you need someone to walk with you, to overcome your fear of starting a business and to follow up with your actions and goal. If you can find a consultant that can perform as a coach, that is a better choice.

With 6 helpful tips for solo entrepreneurs, how to manage fear of starting a business, you will be prepared to get started in business. Visualize your vision and remember your mission in business, that is your motivation why you should build your own business. When your business is working, you are not only developing your potentials, but you help your family and your business will give positive impact to people around you.