This is going to sounds sorta hypocritical because I teach people how to start and scale a successful home based business, but please bear with me.
With my experience in the online business world, I noticed that nobody ever talks about the average day of an internet business owner. The only thing that marketers ever show is their fancy cars, million dollar mansions, and their exotic vacations. But they never really talk about the little things that happen when you make the shift from employee to entrepreneur. Below you will learn about the little, and not so much talked about reality of starting a home based business which will allow you to decide if this is really the path for you.
- Expecting to create riches over night.
One thing that is prevalent, is the “microwave mentality” of people surrounding the online business world (meaning they want everything NOW, at this moment, instant gratification). Many successful online business owners enjoy showing off their success on social media, and people instantly believe that they got there overnight.
The reality is that most of them spent many thousands of dollars on their education, implementation, and marketing. They also fail to realize how many countless days they’ve worked all night, relationships that were sacrificed, weekends of staying in rather than going out for a drink, even after holding a full time job, to make their business a success. They don’t see the frustrations that accompany the failed attempts to generate customers.
People don’t realize that building an online business takes as much time and effort as any other business. It isn’t different from building an insurance business, a real estate business, a restaurant, and etc. The difference between owning a traditional business vs owning a home business is that you can literally work it from anywhere, and around your life and on your time.
You don’t have to clock in at a job, or show up to the office every day and have to miss out on special events with family and kids. And also the ability to scale it to 6 and 7 figures and more!
Plus, the ability to create multiple streams of income. Where the average business only has one service and therefore limited to one stream of income, a home business has the potential to make you a multi-millionaire.
But it will not happen overnight, and if this is what you believe, you will spend many years wasting time, looking for that elusive opportunity that will never show up. You may as well stay an employee and look forward to weekends for fun. And save up your money for a simple vacation once a year.
- You’ll be spending a lot of time alone.
If you are someone who needs constant companionship and be surrounded by friends, don’t start an online business. Working from home means that you don’t have the obligation to hit the alarm, crawl out of bed, overload on caffeine, and get yourself ready and leave your house to report to a job.
You don’t have “physical” coworkers (in my company we have an entire community of successful entrepreneurs who connect online, and these are who I consider “coworkers”) When you own your home business, you wake up when you naturally wake up, and your living room or kitchen is your office! Unless you already have a home office :)
While you are at home working your business; your spouse, friends and family and everyone you know will be working their jobs and answering to their master. You may get bored being alone.
You can only spend so many hours at the gym! So what else is there to do with your time while everyone else is slaving away at the job they hate? Well, I’ll leave that one up to you. But if you are someone who needs coworkers and companionship 24/7, being a successful online business owner is not for you!
- Your friends and family will keep trying to convince you to find a “real job”.
When mom calls you over to have dinner on Sunday and they start talking about life. They most likely will not understand the concept of making money on the internet. They will probably make fun of you.
They will try to get you to come back down to their level of comfort by trying to convince you that you need a real job in order to have health care, insurance, 401K’s and etc. These are old paradigms, but most people aren’t up to date on the new and the endless opportunities of the internet.
They may criticize you. Some of your relatives may even become jealous that they went to college and spent many thousands of dollars for an education that is paying them only a fraction of what you’ll be making, even though you may be a high school dropout, owning a home based business!
If you are afraid of criticism from friends and family, then owning an online business just isn’t for you and you may as well give up the dream of owning that beautiful home, or taking those exotic vacations, spending time with kids, and just stick to a J.O.B. that you probably hate.
Did I talk you out of starting your own home based business?
If not, congratulations! You are courageous!
Starting a home based business requires more courage than actual skills. Being an Entrepreneur requires that you step out of your comfort zone and do things you are not used to doing.
Being an Entrepreneur means that you have to take charge of your results and hold yourself accountable to your goals. It takes tremendous courage to take the first step.
Imagine and see yourself as your own hero in your life. You are the savior, you are the protector and the leader. Even if you don’t think you possess those qualities now, once you decide to take that first step and take action, all those things will unfold for you and opportunities you never knew will open up.
Every person is a hero. You are a hero. You have everything it takes to change your circumstances and create a new path in life. I believe that! Do you?
If you choose the path of the Entrepreneur over being an employee, I applaud you for your courage!!
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To your success,
Gerardo Flores