Rick Billings, Entrepreneur

Five Tips When Starting A Business

So, you’ve decided to start a home-based business?

Good for you!

You’ve just joined the ranks of 79 million North Americans who are expected to start their own home based business in the next 3 to 5 years according to Forbes Magazine.

You may be juggling a full time job, a part time job and family life. You know that there are many things you need to do in order to successfully start your business and work from home.

Don’t let anyone fool you into thinking its going to be easy. It can be simple but it won’t be easy. If it were easy everyone would be rich working from home.

How are you going to fit your business project into your daily commitments?

It’s easy to become overwhelmed and lose focus. Losing focus will cause you to take no action. Action is essential to moving on from where you are now, to where you want to go.

Here are 5 critical tips for staying focused and razor sharp when starting your home business enterprise…

1. Break It Down:

If you have a large task to tackle, it is always easier when you break it down into smaller components. You’ll find it easier to focus because you won’t feel as overwhelmed. For example, ‘Register a business name’ can be broken down into: ‘Think of five business name ideas’, ‘Find out how to register a business name’, ‘Get registration form’ and so on.

2. Keep A ‘To Do’ List:

Once you’ve broken down major tasks into smaller ones, make and keep a ‘to do’ list. Always keep a note pad and pen with you so that you can jot down any new ideas as they arise.

3. Schedule Your Time:

Every evening, decide on three to five tasks on your ‘to do’ list that you wish to accomplish the following day. Stay focused on these tasks and only move on to the next tasks on your list once these have been completed.

4. Set Goals:

This is critical. There is nothing that will keep you more focused than setting goals and writing out your goals. Visualize exactly where you want to be in a month, six months and a year.

In a month’s time, do you want to have registered a business name and have a fully functional home office set up? In three months time, how many clients or team members do you want? How much revenue do you want to generate in a six month’s time?

5. Say No:

Be assertive and carve out more time for your home business. Saying ‘no’ to that extra demand by your boss every once in a while can get you home one hour earlier a couple of days a week.

How about cutting back on the amount of housework that you do? How about watching less TV? Thats a BIG time zapper. Imagine how you could channel that extra time into your home business enterprise…

If you put these 5 tips into practice, you’ll definitely find it easier to focus and stay razor sharp so you can achieve your ultimate goal of working from home and putting more LifeStyle back in your life.

P.S. Pay particular attention to Tip # 3 above. As a Home Business Owner and Entrepreneur, once you gain control of your time you will eventually have all the time you will ever need…

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