Balancing time with home based business

9 08 2010

Time is something that once wasted can never be recovered.  It is a fact of life.  No matter how hard you wish, there will not be more than 24 hours (and a few minutes) in a day.  Therefore, when you start your own home based business, time is a huge factor in what you do and when you do it.  Your passion for your new business venture will help you build and grow your new home based business, but if you do not take time out for other issues, you will probably not be completely successful.

Most people will start a home based business while working a current job (did you know that J.O.B also means Just Over Broke?).  This way there is no sudden drop in income flow, and you have the financial backing (the bank of YOU) to get the home based business up and running.  The problem is, your personal life can suffer, especially if you are already working long hours at the regular J.O.B..  Then you ask yourself, when do you carve out the time to get your personal business going?  Then, when do you personally get some version of rest?  As you are probably aware, when you are working for someone else, you are trading your valuable time for their money.  Not always a good trade, but it does usually get the bills paid.   More people are looking to ways of earning a second income stream now.  With multiple streams of income, you will stand a better chance of success, especially if your main J.O.B. is terminated.

The key is to find ways to balance your time so that you do not seriously neglect your family and personal life while starting up your home based business.  You also do not want to impact your current job and have that terminate too early.   It is very difficult to balance your already precious time, but if you want to be financially free, you have to make some sacrifices.  This article will hopefully provide some suggestions on how to mitigate those sacrifices so they don’t hurt those around you too much.

Many of us, when we start-up our own home based businesses will have a tendency to want to work 7 days a week, all hours of the day and night.  This will not do you, your family or your current job any good at all.  One helpful idea can be to include your whole family in your new business venture. It is a home-based business, right?, so include everyone if it is feasible.  If your family is also somewhat invested in what they are doing, your business can really sprout wings and fly.  If you have young children, having them help in some aspect of the business process can help them to learn good work ethics and the value of money.

Be sure to also take at least one day off for yourself.  No matter how much your new business idea may be burning a hole in your mind, you need to give both your mind and your body a rest.  Get away from your home based business venture for at least a day.  By getting away from it, you will return to it with a clearer perspective and possibly discover on opportunity or solution to a problem you had not seen before.   Taking that day off is like taking a mental health day.  Every human body needs to take a break.  Do something fun with the family, or just go out and do something that you really, really enjoy.

When you are balancing your regular J.O.B. with your new business, set a schedule for yourself.  You have a schedule set for your job, so why not do the same thing for your home business?  This way, when you are clear about what needs to be done, you will reduce the tendency to do too much in one day, and you will reduce the chance of burn-out.  As you set the schedule, be sure your priorities are well-defined.  Remember there will always be another crisis to solve.

If you are looking for second income opportunities, please check out our website.  We may have something that will work well with your current lifestyle.   We will always encourage questions and suggestions.

Until next week…

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