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"The only way to discover the limits of the possible is to go beyond them into the impossible"

~ Anonymous

Tea Time with Liv

Employee or Owner?

Starting a business is exciting but the challenges start almost immediately. There are many challenges that you face when you want to start a business. Especially an online business. The biggest problem, in my opinion, is the mindset. Unfortunately, most people are coming from corporate America, either having just lost their job or not being able to find one, and think that running a home business is no different from working for a boss. This is where they get into trouble.

I think that most of us are doomed right from birth. We're brought up to believe that we need to go to school, get a good education and then go find some Fortune 500 company to go work for until we hit age 65 then retire. The reality is, with the way the world is today, you're lucky if you can hold on to a job for a year, let alone until age 65.

This kind of thinking is what stops home business owners from having the success that they want. One reason is because of the "work" mentality. In the brick and mortar world, you work a job, you get paid for the work you do. Every 2 weeks there is a paycheck waiting for you to bring to the bank. With your own home business, it doesn't quite work that way. It could be months before you start seeing any return at all. For the person with the "work" mentality, this is usually unacceptable and they end up quitting before they ever really get started.

Another problem with the work mentality is that the person only does what the boss tells them to do. There is usually no independent thought in the process. Well, with your own home business, it's almost all independent thought. YOU have to decide what product to sell. YOU have to decide how to advertise and how much money to spend. YOU have to decide when something isn't working and it's time to try something else. And YOU have to get your butt out of bed in the morning. Nobody is going to threaten to fire you should you decide you "don't want to work that day."

As you can see, the mindset that is needed in order to work your own home business is totally different from what you're used to in the "real" world.

So back to the question. Are you a business owner or an employee?

Olivia Vidal
© 2009-2011


Mrs. E said...

You are so right. I'm included in the group thinking all I had to do was go to school & I would get a job & stay until I retire. Well, I was at my job for 10 yrs. Now, I am laid off and having a difficult time finding a job. I'm trying to reinvent myself and find new ways of making money. But, I'm not really sure how to do.

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