To many people self employment from home sounds like a very attractive idea, but the term can be rather misleading. Whether you like it or not, to be successfully self-employed you have to have the right type of personality.
And believe me – there’ll be plenty of ups and downs, bumps and humps along the way and you’ll have to be ready to deal with all of that.
One thing you need to remember is that the journey for self employment is not all rosy. There’s no shortage of freelancers who are struggling to make ends meet. In fact I’ve met so many freelancers who say they would be willing to take a regular 9-5 job at any minute.
Don’t get me wrong – I’m not trying to discourage you from being your own boss. Self employment from home can be extremely rewarding, but only with a full commitment and strong discipline.
Let’s begin with getting rid of the misconceptions about self-employment:
1- Self – employment from home means you don’t have to leave home
It’s interesting how people these days obsessed with the word “home” when it comes to a business. You’ve probably heard enough of terms such as “work at home moms”, “home based business”, “work from home” etc. They somehow suggest that running a business and making money is easy. This couldn’t be any further from the truth.
The only reason you start a business from home is to lower the costs. In fact I would argue that you need to get out more as a self-employed person because you simply need the social connections to build and grow your business. Nobody ever has succeeded in business without getting out there in a big way.
2- A few months’ time is plenty to take a business to success
Many of my fellow translators quit this profession entirely after a year or so thinking it was not working for them. Well, I would argue that they haven’t given it enough time. I’m not saying you should just sit there and wait for loads and loads of clients to come to you.
It doesn’t happen that way. You need to promote your business, market your services and connect with your target market relentlessly. How?
Grab a copy of my ebook and do what I have been doing to attract high paying clients. And start taking advantage of this business new opportunity with your language expertise.
It is my experience that it takes at least 1 year or more to build a full practice after you’ve done all the work I detailed in the ebook.
Being persistent is the key. It means you’ll do whatever it takes to build a successful business even when you do not feel like doing anything.
3- Self employment from home means you’ll have more time for the family
One of the downsides of being self-employed is that some friends and family may think you have more free time. Answering calls from friends and family members, picking up house chores can be a real time sucker. It’s a big NO NO when you try to establish self employment from home.
You need to set a clear boundary with your family and friends. Have a set work schedule and stick to it.
4- You don’t have to deal with anyone you don’t like
I’m sorry to break this to you – you may not have to answer to a boss when you have self employment from home. But you still have to deal with inefficient suppliers, occasional mishaps, unpleasant clients, nasty competitors and even a sudden power outage… Be prepared and always expect the unexpected.
5- You’ll have an easy life
You may have seen many posters depicting a self-employed person sipping coffee while typing on a computer overlooking a beautiful beach. In reality maintaining successful self employment from home is one of the most difficult and complicated tasks.
You have to be ready to make sacrifices, take risks and weather financial storms at anytime.
There’s no such thing as an overnight success. Most people just don’t notice the pain and suffering, the hard work that was put into a successful business. Running a business is a life-long commitment. But it is also one of the most exciting experiences in my life. And it’s becoming more and more rewarding.