Pro's and Con's of Working From Home
Tips For Working From Home
Today has become the work from home generation. With the economy in such disarray, and so many unemployed many have turned to working from home for income. Some do it for additional cash until they can find work, most will not continue once they get back into a normal hourly/salary paying position. Others however find they enjoy working from home, and continue doing it full time as their primary source of income. There are many Pro's and Con's of working from home that you should be aware of, you should weight your options and make an educated decision on if it is right for you.
Some things you also want to remember is that nearly 90% of all work from home opportunities are scams so make sure and do research on each one that interests you. After you have researched every work from home opportunity that interests you then you will be able to make an educated decision on which method fits you best, and one that you would enjoy doing on a daily basis. Choose a hobby you enjoy, and turn that into your work from home opportunity is one idea that many have come to use. You also can do multiple things like you may have a business where you mow lawns, yet another registered business to clean houses. A combination of working from home opportunities will not only provide a very diverse work schedule. It all really depends on how much you want to earn, and how much dedication you have. The biggest above all else to remember though is motivation, and dedication is what will make or break most at home businesses.
Below you will find a list of the Pro's and Con's Of Working From Home.
Pro's Of Working From Home
Being your own boss
More time to spend with the family
Schedule flexibility, although it is always good to have certain hours each day that you work.
No commuting costs
No uniform, or suit costs
You do not have to work from home, being your own boss you can work from anywhere you desire. As a writer you could be writing from a cafe, or in a park listening to the birds chirping.
You control how much you earn based on how much effort you put into it.
You have greater control over your work day. What things must you accomplish, or tasks that you may need to complete. You decide in what order, and when to complete these tasks.
Will your business be the next Microsoft? Remember Microsoft start out in Bill Gates Garage, you can be the potential next Microsoft when you own your own business.
Con's Of Working From Home
High amount of taxes, it is crucial you write off as much as possible to lower your tax bracket. The average person working from home takes out between 30-35% taxes before deductions.
Procrastination affects everyone who works from home. Some it will affect more frequently than others, do not fall prey to procrastination or you may find yourself losing money.
Lack of social interaction. If you are socially active, and enjoy talking with others frequently working from home may not be a good idea. Some refer to those that work from home as hermits as they do not leave their houses often since they work from home.
Prepare for long hours, your average person who works from home full time works 12-16 hours a day. This will be reduced as you become more efficient, but in the beginning you can expect very long days.
Distractions is something you must avoid at all costs. Too many distractions could turn what would be normally an eight hour work day into a 12 hour work day if you are not careful.
Many people will be skeptical of you actually working from home as so many have tried and failed.
Is Working From Home Worth It?
In conclusion, is working from home really worth the effort? Some believe it is others would disagree, and decide to rejoin the rat race of corporate America. The majority however who put forth the right amount of effort to make it work, the result is usually the same they would not trade in their ability to work for themselves for the world. Not counting the actual number of pro's vs con's, but weight how important each one listed is on a scale of 1-10. Then you can get a more accurate figure if working from home is right for you.
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