Are You an Entrepreneur That is Starved for Time?
Being an entrepreneur and running a successful home-based business is stressful at times, and can be hectic. Success within a home-based business though, absolutely demands time management skills, or the chores that need to get done will be left undone, and procrastination, as well as a serious "personal time deficiency" will occur. Several studies have shown that many first-time entrepreneurs spend too much time on "non-essential" activities within a business, activities that have nothing to do with business, or that have little impact on business success. At the end of each business day (when it finally ends), they are left feeling stressed out, burned out, separated from their personal lives, and worse yet, with a feeling of non-accomplishment and inefficiency. You probably have met entrepreneurs like this occasionally in your own life. They constantly seem "busy", yet they are constantly late for appointments, don't ever have time to attend personal activities or outings, and are always stressed out about what still "needs to be done" each and every day! A "personal time deficiency" occurs when an entrepreneur seems to spend all their time either working on the business, or thinking about the business. The entrepreneur can neglect family, friends, activities and personal pleasures, in pursuit of business functions. This is not only counter-productive to the business (creativity shines through when entrepreneurs also schedule time away from the business), but personal losses can occur to the entrepreneur. Horror stories abound about divorce among entrepreneurs, shattered family lives, and personal ruin. What causes "personal time deficiencies"? A variety of factors: 1. An entrepreneur does not sufficiently plan every activity during the working day, with a pre-set amount of time allotted for each business activity. Without an active "work schedule", an entrepreneur can feel unrestricted, and therefore spend too much time on some activities and not enough on others. All activities should be done "on schedule" if possible and within a certain amount of time. Too much "fussing" over each activity will lead to very little accomplishment each day. Neglect of other activities will lead to a sense of little accomplished. 2. An entrepreneur becomes distracted quite easily during the business day. Personal phone calls and activities need to be kept to a minimum. If an entrepreneur were working outside their own business, for someone else, they would not have the luxury of "dropping everything" and going shopping or out to lunch, if time were not allotted for this! Also, family members and friends could not drop in and "visit" whenever they liked. A work-at-home business needs to be viewed as any other type of employment, where personal distractions could not, and do not exist! 3. Lack of a succinct business plan that effectively spells out business activities that need to be completed in an organized step-by-step fashion and that entails certain accomplishments within a certain timeframe. A business plan is essential for success in any work-at-home business, just as in bigger businesses. A business plan is the "blueprint" used for mapping out "where" a business is headed, and just "when" it will arrive! A good business plan will have weekly, monthly and yearly growth accomplishments built into it, with planned implementations towards that growth. 4. An entrepreneur does not possess enough self-motivation to "be their own boss". Half the battle of running a successful home-based business is having the correct mindset to do so. The gap between "employee thought processes" and "business owner processes" must be bridged before business organization is accomplished. Motivation is different in an entrepreneurial endeavor, as no "boss" is standing over the entrepreneur, making certain they finish the allotted chores each day. 5. An entrepreneur does not actively "separate" business and personal time in their minds, and plan their personal time as effectively as they do their business activities. Having personal time will refresh and energize, not distract from the success of a home-based business. It is absolutely necessary to plan personal activities into each day, and also stick by the plan for those activities. This is an emotional health issue, and one that needs consideration by every entrepreneur, as it is oftentimes too easy to become caught up in the business to the exclusion of all else. Overall, all the above aspects need to be managed in order to balance an entrepreneurial lifestyle. The life of an entrepreneur is without a doubt, an "atypical" lifestyle. It is a lifestyle that needs more work and more determination than other types of lifestyles. Time and energy can be balanced in this lifestyle, but it may take a while to achieve this. When a balance is achieved, "time starvation" will disappear! Vishal P. Rao is the owner of: http://www.work-at-home-forum.com/ An online community of people who work at home.
MORE RESOURCES:
work at home mother mom entrepreneur - Google News |
 |
|
|
RELATED ARTICLES
Opportunity Does Not Knock Q: I'm graduating this year with a degree in business and would like to start my own business rather than get a corporate job. I have a few business ideas, but none of them really gets me excited. Salon Marketing Using Wireless Broadband Internet Access Our client in Chicago did, located right outside downtown too.. Definition of Entrepreneur EntrepreneurAn entrepreneur is a man who organizes and manages the business. The following are the responsibilities of an entrepreneur that what he has to do?1. Use Your Youth To Your Advantage You should wait until you're older and have more business and real-world experience before starting a business. You should just focus on school for now. The Lonely Hat: A Marketing Parable Jones was a typical entrepreneur who worked long hours and wore many hats.The problem was that all the hats screamed for attention. Your Company Needs A Mission Statement; Make It Count Does anyone remember that book "Built to Last" done y the Stanford class and professor? Well change that to "Built to Merge." My grandfather was personal friends with Bill Hewlett and David Packard and I bet they would not have wanted this merger with Compaq either. Lets Not Forget About The Little Guy Every business has to start somewhere. What truly makes this country great is the freedom of enterprenuership that every one of its citizens have. Ten Traits of Successful Entrepreneurs Successful entrepreneurs have many traits in common. Here are ten of those traits that I consider to be very important. Be An Entrepreneurial Artist: Paint A Picture, then Commit It to Canvas James had an original concept and he needed an investor. He had a compelling business idea that was a sure winner with the right financial backing. Financial Strategies for Transitioning from Salaried to Solo 7 Financial Strategies for Transitioning from Salaried to SoloA 40's something woman was talking to me the other day about her growing sense of frustration with "working for someone else" and her longing to "do my own thing, drive my own wagon". But, she said with consternation, "I have family counting on me and a standard of living I don't want to sacrifice. How To Get More Clients and Customers; Dont Sell Be of Service Whether you are just starting your business or focusing on growing it, I'm sure you are like most small business owners you are looking for ways to get more clients and customers. There is a lot of information out there on selling, persuasion tactics, and gimmicks to get people to buy. Double Down on Marketing If you want to compete in the world of high growth startups, you better know how to play the marketing game. Marketing has become a big stakes game where companies are betting fortunes on the success of their products. Lessons Learned from One Entrepreneur on Vioxx For the past ten-months, I tried every drug from the popular Vioxx, Celebrex and Aleve, to the long-standing Percocet, Ibruprofen 800, with some other fabulous ones like Fexeril, Ulltram, Naproxyn, and Antevert. (And, this is my short list). How To Start a New Business While it is tempting to just leap into a new business because of it's exciting possibilities, a few key planning points will vastly increase your chances of success. These steps aren't difficult, but they're easy to skip. Playing Hookey Can Help! A Surprising Secret To Small Business Success! Would you like to increase your chances of business success by 350%? The good news is that you can! Before you start working harder or learning the latest business theories so you can work smarter, try something different. You can increase your chances of success by as much as 350% by being more innovative and uncovering dramatically different ways to look at your business and develop your product or service. Creativity & Entrepreneurship: The Secret to Discovering Your Purpose in Life! Hello Creative Entrepreneurs!In the second course on Creativity & Entrepreneurship we begin with a guided meditation that I created entitled: Dream Keeper-Gift Giver. You ask: what in the world does this mean? Well, it's a very profound secret I discovered about myself fifteen years ago. What Online Millionaires Tell Me They Are Worried About I just arrived back from the best seminar I have ever attended in the last 10-years.There were more "Underground" millionaires at Yanik Silver's"Underground" seminar than I've ever had access to at one time ever!Upon arrival, we had to sign Non Disclosure Agreements, andfor very good reason. The Power Of Personal Environments I've got to admit, I'm a big fan of comfort. I like it when things in my world are stable and reliable. Leadership Attributes for Business Success Business success is essentially the result of successful leadership. Contrary to the popular myth, leaders are not just born. Success Secret - How To Find Million Dollar Opportunities They're really are powerful million dollar opportunites everywhere.Ok, let me explain.
|
| Section Home | Section Site Map |
Copyright © 2005-2007 by A Christian Mother's Guide. All Rights Reserved.
Web Development by Cotton Graphic Design
 |
 |
 |
 |
 |
 |
 |
 |
 |
