How to Avoid Basic Mistakes in Starting a Home Based Business

By Des Walsh | May 19, 2007

Once you’ve been online for a while you know that there is never a

shortage of home based business “opportunities” on offer. Some of these

are excellent. Others are really disguised opportunities to lose your

money, your friends and your natural optimism.

So how do you

tell the difference? There’s the Three Step Character Building way:

Step 1 - Have Bitter Experience; Step 2 - Pick Yourself Up; Step 3 - Start Over.

Not recommended, unless you are really into character-building.

Another

way is to get some guidance. As a coach, I would naturally say, get a

coach. But I suspect that, given the optimism and sense of

bulletproofness that a lot of new home-based entrepreneurs have,

especially if they have been successful in executive or management

roles in the regular workforce, the idea that a coach might be needed

or useful does not readily occur.

Another option that has just come across my desk is a report from my fellow coach and home based entrepreneur, Laurie Hayes.

Like me, Laurie was once a government servant who wanted to chance her

arm as a business owner and eventually took the plunge. Only from

checking out her website it’s obvious that she did it more thoughtfully

than I did. Although she acknowledges she made mistakes.

Who hasn’t?

When you read Laurie’s report, there is plenty of

evidence of thoughtfulness, plus a good dash of passion about helping

others avoid basic mistakes in moving into a home based business.

And

a piece of good news, especially for people starting out in home based

business and wondering when the income is going to start exceeding the

outgoings, is that the report is free.

Here’s the link:

The 7 Deadliest Mistakes Hopeful Entrepreneurs Make While Pursuing Their Dream of Home-Based Business

And how to make 100% certain YOU avoid them

I understand from Laurie that the report was originally going to be

much briefer, but after she received a number of anxious calls from

people about an “opportunity” being offered, checked out that

opportunity and found a lot to be concerned about, she was fired up to go into more depth about how not to

make a mess of moving into home based business.

The result is

very readable, clear and practical (all that public service experience

in writing reports obviously wasn’t in vain ). I have to admit I also found it somewhat painful, albeit in a “no pain, no gain” sense.

If

you’re thinking about a home based business, or know someone who is, or

you already have a business from home and want to make it better, it

would be a smart move to get hold of this free report.

2 Comments so far
  1. Anonymous May 21, 2007 1:01 pm

    Some people are making their own home based businesses, by buying some small amounts of high end retail items, think designer names here, and reselling them on eBay for a profit, Its becoming so prevalent that its starting to get media attention. Check it out: http://www.thenewsroom.com/details/318572/Life+and+Leisure ?c_id=kg compared to some other options, it might be a good way to start a home based business, without having to design a start up and without a lot of capital.

  2. Anonymous June 15, 2007 9:36 pm

    This Sounds like a great report and could save me a lot of pain. I have’nt read it yet but will soon.

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